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A ChatGPT-powered trading system has highlighted Chainlink, Toncoin, and Kaspa as cryptocurrencies showing renewed strength during the latest market recovery phase. The bot’s analysis draws from price behavior, network activity, and ongoing ecosystem developments.

Chainlink Activity Rises With Tokenization Demand

Chainlink continues to attract attention as interest in real-world asset tokenization trading grows. Recent research from Grayscale described Chainlink as essential infrastructure for institutions building tokenized financial systems. Banks and enterprises are testing Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for settlement, automated corporate workflows, and tokenized fund operations. These pilots contribute to sustained demand for LINK’s data and messaging services.

 

I have this LONG thread/conversation with ChatGPT where we discuss the current developments, market conditions, etc. of $LINK. I just now fed it the update that Payment Abstraction is live on mainnet, and the first usecase is SVR on @aave.

This is the part I was contemplating… pic.twitter.com/icOfoDitlq

— Chainlink Chad (@chainlinkchad69) April 1, 2025

Toncoin Trading Benefits From Telegram Integrations

Toncoin has maintained relative strength following new developments tied to Telegram’s ecosystem. The network trading benefits from exposure to millions of users through Telegram’s TON Wallet and its mini-apps, which support payments and basic financial features. The TON network currently powers USDT transfers, gaming utilities, and payment tools that are either live or in deployment. This growing integration has kept market interest elevated.

Kaspa Gains Momentum Through BlockDAG Technology

Kaspa recorded strong weekly trading gains supported by its blockDAG architecture, which allows rapid confirmations while maintaining a proof-of-work consensus. This design has appealed to miners and traders searching for alternatives to Bitcoin-focused ETFs. Kaspa’s listing as a base asset on the Dymension platform has added further visibility, supporting its broader adoption.

Trading Market Recovery Expands  Beyond Bitcoin and Ethereum

As trading digital asset markets show signs of stabilization, traders are increasingly looking beyond the largest cryptocurrencies. Chainlink, Toncoin, and Kaspa have emerged as notable performers, supported by foundation-level developments rather than price speculation alone.

The post AI Trading Bot Identifies Chainlink, Toncoin, and Kaspa as Market Regains Momentum first appeared on The VR Soldier.

Hyperliquid Strategies has completed its merger with Sonnet BioTherapeutics, creating what is now the largest HYPE-focused corporate treasury. The merger, first proposed in July, positions the unified entity to operate under the name Hyperliquid Strategies.

According to CEO David Schamis, the move allows traditional public-market investors to gain direct exposure to the Hyperliquid chain and its decentralized exchange. He stated that the new structure gives U.S. investors a liquid and accessible way to participate in the Hyperliquid ecosystem.

Until now, most major digital asset treasuries have been concentrated in Bitcoin, Ethereum, and Solana. Beyond these, only Binance and HYPE have drawn notable participation from corporate treasuries.

How digital asset treasuries are influencing HYPE

Hyperliquid Strategies and Hyperion DeFi lead the accumulation of HYPE among treasury entities. Hyperliquid Strategies holds 16.89 million HYPE, valued at about 583 million dollars at current prices. On-chain analyst Steven noted that the merger followed an earlier 265 million dollar bid for HYPE.

Source: X

Hyperion DeFi holds 1.7 million HYPE, while Lion Group Holdings recently added 194,700 HYPE. Together, treasury holdings now represent more than six percent of the circulating supply.

HYPE price overview

Following the merger update, HYPE gained nine percent and briefly extended towards a seventeen percent rebound before meeting resistance at 35 dollars. The price has since eased to around 34.4 dollars. A decisive break above 35 dollars may open the path toward 40 dollars, while renewed selling could push the token toward 30 dollars or the broader support region near 25 to 27 dollars.

Funding rates for HYPE have remained positive for six consecutive days, reflecting sustained bullish sentiment in the futures market. Price charts also show a forming “W” bottom pattern, which historically aligns with early recovery phases.

Overall, treasury demand may help stabilize downside risk for HYPE and support its recovery. However, a stronger move above resistance could depend on whether Bitcoin reclaims the 96,000 dollar level and continues higher.

The post Hyperliquid Sonnet Merger Opens Public-Market Access to HYPE first appeared on The VR Soldier.

Privacy has become one of the strongest narratives of 2025, and as the year-end approaches, interest in privacy-focused tools continues to grow. In this environment, an Ethereum developer has introduced an experimental idea: a “Secret Santa” protocol designed to let users send gifts anonymously.

This comes as part of a wider push within the Ethereum ecosystem to expand privacy features on the network. Earlier in September, the Ethereum Foundation published a comprehensive privacy roadmap covering every layer of the stack, from wallet-level protections to fully private retail and institutional payments. Already, progress is visible through frameworks like Kohaku, which is enabling private wallet operations.

Source: ethresear.ch What could Ethereum trajectory look like in 2026?

Ethereum’s development priorities for 2026 are moving across three major areas: privacy, scaling, and AI.

The network’s recent upgrades, including Pectra and Fusaka, have significantly improved throughput and reduced transaction costs. Fees have fallen to the point where Ethereum’s Layer 1 is beginning to rival some Layer 2 networks. Vitalik Buterin recently highlighted that users can build directly on L1 again due to current low fees.

The ongoing L1 vs. L2 debate

Buterin’s comments sparked discussions within the community. Blockworks analyst Dan Smith argued that L2 networks consume most of the blobspace and function much like direct competitors to L1 execution. He compared the relationship to carpenters relying on a lumber yard: both operate in the same ecosystem without always competing directly.

Other analysts pushed back, noting that both L1 and L2 solutions still compete for builders and users. Supporters of Buterin’s view, including Hasu, pointed out that distribution models naturally overlap, saying that a company can sell through its own channels while also using third-party platforms.

What remains clear is that L2 networks currently capture a large share of economic activity while contributing very little back to the mainnet. For example, Base generated more than three million dollars in fees in the last 24 hours but paid only a few thousand dollars to Ethereum L1. This imbalance is often cited as one reason why ETH’s value has struggled to keep pace with its network activity.

What comes next for Ethereum?

Whether upcoming privacy tools and scaling improvements can shift ETH’s tokenomics remains an open question. As Ethereum moves toward 2026 with new privacy initiatives and ongoing debates around economic incentives, the network’s long-term direction will likely depend on how effectively it aligns its L1 and L2 ecosystems.

The post Ethereum Developer Proposes New “Secret Santa” Privacy Protocol for Anonymous Gifting first appeared on The VR Soldier.

American Bitcoin (ABTC), the mining company co-founded by Eric Trump and Donald Trump Jr., saw its stock collapse nearly 50% within the first hour of trading on 2 December. The price fell from $3.58 to $1.80 before recovering slightly to close at $2.19, still down 38.83%. In after-hours trading on 3 December, the stock bounced roughly 11%, stabilizing around $2.43.

What caused the ABTC crash?

The selloff was triggered by the expiration of the company’s share lockup period, which released a large batch of previously restricted shares onto the open market. These lockups were part of the company’s transition to a public listing after its merger with Gryphon Digital Mining. Once the restrictions lifted, a flood of supply hit the market, creating sharp downward pressure on the stock.

Eric Trump responds

Eric Trump addressed the event publicly, confirming that the volatility stemmed from private placement shares becoming tradable. He emphasized that he is not selling any of his own shares and reiterated that the short-term shock was expected given the volume of newly unlocked stock.

Source: X ABTC Strong fundamentals contrast with stock volatility

Despite the steep decline, ABTC recently posted strong financial results. In the third quarter, the company reported: • Revenue of $64.2 million, up sharply from $11.6 million a year earlier • Net income of $3.5 million, a turnaround from prior losses

The company is also expanding its Bitcoin treasury, holding roughly 4,090 BTC as of mid-November.

A volatile history on the Nasdaq

Since its public debut, American Bitcoin has shown extreme price swings. Its shares surged to $9.31 in September following a $170 million investment from Dominari Holdings but then entered a prolonged decline. Even before the lockup expiry, the stock had already lost momentum. With the latest crash, ABTC now sits more than 75% below its yearly high.

Growing presence across the crypto sector

The Trump family has expanded its involvement across multiple corners of the digital asset industry. Their ventures now include mining firms, token projects, stablecoins, and cryptocurrency-related financial products through entities like World Liberty Financial.

The post ABTC Stock Plunges 40% As Lockup Expires, Eric Trump Says Volatility Was Expected first appeared on The VR Soldier.

Pepe Coin sees sharp gain but weak confirmation

Pepe Coin climbed about 14 percent in the past day, marking one of the stronger moves among memecoins during the session. Despite the jump, the token remains well below monthly and quarterly levels, keeping the rebound inside a broader downtrend.

On-chain data shows the rally did not attract support from large holders. Whale wallets and the top 100 addresses did not increase their positions. Some outflows suggested profit-taking as price moved higher. Institutional groups were also inactive, indicating limited conviction behind the move.

Retail buying drives the move

Most accumulation came from smaller retail wallets, according to exchange flow metrics. Large holders appeared to use the price strength to trim exposure, creating a divergence between retail enthusiasm and whale positioning.

Derivatives data echoed this trend. Whale traders reduced long positions, and top traders scaled back significantly during the price advance. Smart-money accounts remain net bearish, though some shifted slightly toward long positions.

Technical signals show hidden bearish pressure

Chart analysis revealed a hidden bearish divergence between late November and early December: price formed a lower high while the RSI formed a higher high. This pattern typically suggests continuation of the prevailing downtrend once short-term strength fades.

$PEPE just woke up crazy. Dropped to 0.00000395 like it was dead, then boom — full green sprint to 0.00000473. Buyers hitting hard. Watch that 0.00000480 wick. Above 0.00000462–472 = momentum alive. Slip back = cooldown. Chart saying: don’t blink bro. pic.twitter.com/LkycWw0VnW

— Mark Selby (@imMarkselby440) December 3, 2025

Analysts also noted the possibility of a developing head-and-shoulders pattern. Current trading volume has not confirmed a reversal, and the recent rally may be forming the right shoulder. Without stronger buying pressure, the setup leans bearish.

Key levels to watch

For PEPE to stabilize, it must hold nearby support levels. A confirmed reversal would require a break above resistance roughly 15 percent higher. Failure to maintain support could shift focus to the next major zone below, potentially erasing recent gains.

The disconnect between retail activity, whale behavior, and technical indicators suggests the latest rally may struggle to sustain momentum without broader market participation.

The post Pepe Coin Jumps 14% but Signals Stay Bearish first appeared on The VR Soldier.

The memecoin market continues to unravel as 2025’s expected Q4 recovery turns into a deeper sell-off. Among the hardest hit are the politically themed tokens TRUMP and MELANIA, both of which have extended their losses through the end of the year.

Steep Declines Into Year-End

Over the past month, MELANIA fell another 39%, while TRUMP dropped 32%. Year-to-date, MELANIA has collapsed by 96% to $0.11, and TRUMP is down 78% to $5.70.

With broader market conditions weakening and Bitcoin pulling back more than 30%, these memecoins may face additional downside heading into early 2026.

Memecoin Hype Fades as Market Rotates

The downturn in TRUMP and MELANIA mirrors a wider retreat across the entire memecoin segment. Following the sharp contraction in Q4, attention shifted toward privacy-focused coins, fueling strong rallies in assets such as Zcash (ZEC) while leaving memecoins behind.

Across all categories, memecoins recorded an average loss of 58% in 2025, meaning both TRUMP and MELANIA performed even worse than their already weak sector.

Market Interest Plummets

Speculative activity has dropped sharply. Total open interest in TRUMP futures has fallen 78%, from over $550 million at the start of 2025 to just $120 million in December, according to Velo.

Source: Velo

 MELANIA’s speculative interest has fallen even further, collapsing by 90%.

Shrinking open interest signals that traders are exiting the space, reallocating to other sectors, or avoiding high-volatility tokens altogether.

A Surprisingly Large Holder Base Remains

Despite the downturn, on-chain data shows over 600,000 wallets still holding TRUMP. This signals a base of users who may be waiting for a potential recovery, even as the token experiences extreme drawdowns.

MELANIA, however, appears more vulnerable if market weakness continues.

Outlook

With speculative inflows drying up, sector sentiment deteriorating, and market rotation favoring other narratives, TRUMP and MELANIA remain under pressure. Unless liquidity and interest return to the memecoin segment, further downside remains possible.

The post TRUMP and MELANIA Memecoins Slide Further, Is a Full Collapse Coming? first appeared on The VR Soldier.

China has intensified its digital-asset restrictions once again, this time focusing directly on stablecoins. In a meeting held on 28 November 2025, the People’s Bank of China (PBoC) and 13 government agencies outlined a renewed strategy aimed at closing what they view as the last major loophole in the nation’s capital-control system.

A Shift From Volatility to Control

Since Beijing’s 2021 ban, broader crypto activity has remained illegal within mainland China. But unlike Bitcoin and other volatile assets, stablecoins are pegged to fiat currencies and allow discreet cross-border value transfers, making them uniquely difficult for regulators to contain.

The PBoC reiterated that all virtual currencies lack legal tender status in China and cannot be used for payments. Officials emphasized their concerns over stablecoins’ potential role in bypassing strict capital controls, enabling unmonitored money flows, and supporting informal financial networks.

Legal experts in China said the announcement removed any ambiguity surrounding the government’s stance, marking the most explicit policy shift against stablecoins to date.

Hong Kong’s Momentum Triggers Mainland Pushback

Enthusiasm for digital assets has grown sharply in Hong Kong, especially after the region’s new stablecoin bill passed in May. That interest began to spill over into mainland China through grey-market channels, prompting Beijing to intervene.

The new directive makes it clear that even Hong Kong-approved stablecoins are considered a threat to China’s monetary system and the rollout of the e-CNY. Major Chinese tech firms, including Ant Group and JD.com, halted work on Hong Kong stablecoin initiatives after pressure from the PBoC.

China’s securities regulator also urged financial institutions to pause tokenization experiments involving real-world assets, signaling a broad, coordinated effort to curb crypto-related activity across the region.

Market Response

The impact was immediate. On 1 December, Hong Kong stocks tied to digital-asset services saw sharp declines:

Yunfeng Financial Group dropped over 10%

Bright Smart Securities fell around 7%

OSL Group, a digital-asset platform, lost more than 5%

These moves reflect investor concerns that the mainland’s stance could undermine Hong Kong’s position as a developing center for regulated digital finance.

Not a Repeat of 2021, A Targeted Operation

Unlike previous crackdowns, China’s latest action involves collaboration across 13 state agencies and focuses specifically on stablecoins. The goal appears to be eliminating any remaining channels for capital flight while preparing the groundwork for China’s own yuan-linked digital instruments.

The move also highlights a growing divergence between the digital-finance strategies of China and the United States, adding another layer to the broader geopolitical split in global finance.

The post China Launches New Crackdown on Crypto, With Stablecoins Now in the Crosshairs first appeared on The VR Soldier.

Solana ETF Ends Historic Run but Institutional Trend Holds

Solana spot ETF has posted its first daily outflow since its October launch, ending a historic 21-day run of uninterrupted inflows. Despite the pullback, the fund remains one of the fastest-growing crypto ETFs of the year, with total assets still close to $1 billion.

First Red Day After a Historic Run

New SoSoValue data recorded a –$8.1 million net outflow on 26 November, the first negative day since trading began on 28 October 2025. Before this, Solana had surpassed the launch-phase streaks of both Bitcoin and Ethereum ETFs, which previously capped out at 20 consecutive days of inflows.

Source: SoSoValue

The streak pushed Solana’s ETF net assets to $918 million before the recent dip, cementing it as a standout performer during a volatile market period.

Temporary Pause or Emerging Trend?

Throughout its first month, the ETF recorded multiple inflow days above $40 million, and two sessions exceeded $55 million, evidence of strong institutional appetite. The single –$8.1 million outflow is modest compared to earlier inflows and may reflect short-term rebalancing rather than a shift in structural demand.

The fund’s net assets remain close to the $1 billion mark, indicating the broader trend remains intact unless outflows continue over several weeks.

Solana Price Stabilizes After Recent Decline

Solana’s price fell sharply earlier this month, sliding from the $190–$200 range down to near $125. However, SOL has since recovered above $140, showing signs of stabilization even as the ETF logged its first outflow.

This rebound suggests that spot buyers stepped in after the nearly 30% drawdown, countering any ETF-related selling pressure.

Does the Outflow Change the Outlook?

Analysts emphasize that a single outflow does not signal a reversal of trend. ETF flows frequently fluctuate due to month-end adjustments, profit-taking, or portfolio rotation among institutional desks.

With 21 consecutive inflow days still forming the core of its launch performance, Solana’s ETF remains structurally net-positive. A return to inflows in the coming sessions would confirm that the 26 November print was likely just a brief pause.

The post Solana ETF Sees First Outflow After 21-Day Record Streak first appeared on The VR Soldier.

Grayscale Dogecoin ETF sees softer debut

Grayscale’s new spot Dogecoin ETF opened trading on NYSE Arca with roughly 1.4 million dollars in first-day volume, a level notably lower than what analysts had anticipated. Early forecasts suggested stronger demand, but trading activity did not match those projections.

According to Grayscale’s filings, the ETF launched with Dogecoin holdings and about 94,700 shares outstanding. The management fee is listed at 0.35 percent, although the sponsor has temporarily waived the charge, resulting in a zero expense ratio until the fund reaches a set asset threshold or three months pass.

Launch trails XRP and Solana ETF performance

Market data shows that the Dogecoin fund’s debut volume lagged behind the first-day activity of recently launched XRP and Solana ETFs, both of which attracted stronger inflows and more active trading.

Analysts say several factors will shape the ETF’s performance in the coming weeks. These include the effect of the temporary fee waiver on attracting assets, Dogecoin’s spot price behavior, and competition from upcoming Dogecoin ETFs, including a planned offering from Bitwise.

Grayscale Dogecoin ETF $GDOG approved for listing on NYSE, scheduled to begin trading Monday. Their XRP spot is also launching on Monday. $GLNK coming soon as well, week after I think pic.twitter.com/c6nKUeDrtI

— Eric Balchunas (@EricBalchunas) November 21, 2025

Market observers are tracking order books, creations and redemptions, and early investor behavior to gauge actual demand.

Dogecoin price shows little reaction

Dogecoin’s spot price saw minimal movement following the ETF listing. The subdued response comes during a period of frequent cryptocurrency ETF launches, with additional products expected to enter the market soon.

The post Dogecoin ETF Starts Slow on NYSE Arca first appeared on The VR Soldier.

Binance and CZ Face $1B U.S. Lawsuit Over Alleged Transaction Links to 7 October Events

A new lawsuit in the United States targets Binance and its founder, Changpeng “CZ” Zhao, accusing the exchange of enabling more than $1 billion in transactions tied to groups involved in the events of 7 October 2023. The filing does not attempt to judge the political conflict itself; instead, it focuses on whether Binance followed U.S. financial-compliance standards.

Lawsuit Targets Binance’s Past Compliance Issues

Filed in federal court in North Dakota, the civil suit represents over 300 individuals who claim that Binance and senior executive Guangying “Heina” Chen failed to properly monitor accounts connected to sanctioned organizations.

The lawsuit argues that Binance’s alleged compliance lapses pre-date the company’s 2023 U.S. Department of Justice settlement, during which the exchange admitted to historical anti–money laundering failures and paid over $4 billion in penalties. It also points to accounts that U.S. investigators previously linked to different regional networks and financial intermediaries operating across the Middle East and beyond.

Binance Allegations Focus on Movement of Funds

The 300-page complaint cites blockchain activity involving accounts associated with multiple groups the U.S. government currently designates under sanctions. These include individuals and financial middlemen based in Lebanon, Gaza, and other regions.

According to the filing, certain accounts were tied to informal money-transfer networks or exchangers, including one that the lawsuit claims moved more than $40 million through a single Binance account. The suit frames these flows as part of a broader pattern of insufficient oversight rather than direct cooperation with any group.

Attorneys involved in the case emphasize that the purpose of the litigation is to examine whether Binance maintained adequate safeguards to prevent sanctioned entities from using its platform.

Legal Commentary and Regulatory Perspective

Lawyers representing the plaintiffs argue that crypto exchanges, like traditional financial institutions, are expected to enforce compliance controls aligned with U.S. sanctions lists. They state that the lawsuit aims to test whether Binance exercised the level of due diligence required under U.S. law.

Legal experts note that this case forms part of a broader U.S. push to scrutinize financial networks operating across borders, especially when digital assets move between regions with limited regulatory alignment.

Context: CZ’s Pardon and Binance U.S. Position

The lawsuit comes shortly after former U.S. President Donald Trump issued a pardon to Changpeng Zhao, clearing his previous sentence from the 2023 DOJ case. The pardon has renewed speculation about Binance’s potential return to U.S. markets, a possibility Zhao publicly described as unexpected given the short time frame since his conviction.

What Comes Next

Binance has not yet issued a full public response to the complaint. The case is expected to test how courts interpret crypto-related compliance obligations, particularly when transactions involve regions with complex political situations and competing narratives.

While the lawsuit raises serious allegations, it remains a civil case — meaning that the court will evaluate evidence based on legal standards, not geopolitical interpretations. The outcome may influence how exchanges operating globally manage compliance, sanctions screening, and cross-border financial flows going forward.

A U.S. lawsuit accuses Binance and CZ of failing to prevent restricted accounts from moving funds tied to 7 October events, raising major compliance questions.

The post Binance and CZ Face $1B U.S. Lawsuit Over Alleged Transaction Links to 7 October Events first appeared on The VR Soldier.

Bitcoin is trading just below the $86,000 range after a modest rebound, with the broader crypto market showing signs of weakening momentum. Despite an early-week lift across major assets, the recovery has stalled as technical indicators point to short-term uncertainty.

Market momentum fades across major cryptocurrencies

Bitcoin, Ethereum, and XRP began the week with upward movement but failed to maintain their early gains. Bitcoin continues to trade below a key resistance level near $86,000, with buyers unable to push price action deeper into breakout territory. Market analysts note that sentiment remains cautious as traders reassess risk following last week’s pullback.

Mixed technical outlook for Bitcoin

On the 4-hour chart, Bitcoin’s setup reflects conflicting signals. The Relative Strength Index recently climbed out of oversold territory, hinting that selling pressure has eased. At the same time, the MACD indicator shows the signal and MACD lines moving toward the bullish zone, suggesting ongoing buyer participation.

However, Bitcoin has repeatedly struggled to clear overhead resistance. If the price continues to rebound, BTC may attempt another push toward higher resistance zones. Failure to do so could send the market back toward key psychological supports.

Institutional activity gains traction in Europe

Keith Grose, CEO of Coinbase UK, commented on evolving market conditions, noting growing institutional structure in the region. He highlighted developments such as clearer regulatory frameworks, stronger infrastructure, and controlled pilot programs, including the Czech National Bank’s decision to test a small portfolio of digital assets.

Outlook remains constructive despite near-term hesitation

Analysts maintain a broadly positive view of Bitcoin’s medium-term trajectory, pointing to supportive macro factors and increased institutional experimentation. For now, however, near-term movement depends on whether BTC can hold current support levels and build enough momentum to challenge resistance at the top of its recent range.

The post Bitcoin Holds Under $86K on Mixed Signals first appeared on The VR Soldier.

Bitcoin Recovers Above $85K, Is a ‘Santa Rally’ Still Possible?

Bitcoin has rebounded from last week’s $80,000 low, but caution remains as investors weigh macroeconomic pressures and shifting derivatives positioning ahead of the Federal Reserve’s next policy decision.

Bitcoin Market Sentiment Remains Divided

After steep losses in November, Bitcoin traders are watching closely for signs of stabilization and a potential late-year rebound. The so-called “Santa rally” thesis, popularized by analyst Robert Ruszale, hinged on Bitcoin holding its 50-week exponential moving average (EMA). That support failed earlier this month as BTC fell to $80,000 before recovering above $85,000.

Source: X

Despite the bounce, near-term sentiment remains cautious. Option market data from Deribit shows elevated demand for protective puts, signaling lingering fear of renewed downside. However, notable open interest remains concentrated around the $90,000 and $100,000 strike prices, hinting at optimism for a recovery into December.

Options Data Reflects Mixed Positioning

Deribit Insights observed that a major institutional participant, likely a fund or miner, who had been actively selling calls and buying puts during the downturn has recently reduced hedging activity. This reduction could indicate expectations of short-term stability, though continued put buying has kept skew levels high.

Recent option flows reveal bullish exposure at $90,000 and $100,000 strikes, while hedging remains concentrated around $84,000 and $70,000. The positioning underscores a cautious optimism: participants see room for upside but remain protected against another sharp decline.

Macro Conditions Still in Play

According to Amberdata’s Greg Magadini, broader macroeconomic dynamics continue to influence crypto markets. He linked Bitcoin’s weakness to U.S. tech sector underperformance and potential global credit tightening, partly triggered by Japan’s rising bond yields.

Magadini downplayed fears of a major liquidity unwind, noting that Japan is unlikely to raise short-term rates due to its high debt burden. If monetary policy stabilizes globally, risk assets like Bitcoin could benefit, potentially allowing BTC to regain ground toward $90,000–$100,000.

Outlook: What’s Next for Bitcoin?

While Bitcoin’s recovery above $85,000 provides relief, confidence in a December rally remains fragile. Derivatives positioning and macro trends suggest cautious optimism, a setup where BTC could grind higher if risk sentiment improves, but downside risks persist if global liquidity tightens further.

The post Bitcoin Recovers Above $85K, Is a ‘Santa Rally’ Still Possible? first appeared on The VR Soldier.

Capital Rotation Lag Ties Solana and XRP to Bitcoin’s Trend

Both Solana and XRP have achieved major developments this year, from ETF launches to growing institutional adoption, yet their prices continue to decline. The shared challenge between the two assets lies in one missing element, renewed altcoin inflows strong enough to spark a sustained breakout.

Institutional Growth, But Price Lags Behind

Despite broader market uncertainty, 2025 has been a positive year for blockchain growth. Solana and Ripple have expanded their networks through new partnerships and use cases, Solana in the stablecoin sector and XRP in cross-border payments. Institutional engagement has also increased: Solana’s institutional holdings rose nearly 15% to 20.35 million SOL, while the new XRP Bitwise ETF recorded over $21 million in trading volume.

However, both tokens remain down more than 30% this quarter. Their performance highlights the broader “risk-off” environment that has limited momentum across high-cap altcoins, even as top Layer-1 projects continue to build and attract capital.

Source: Strategic Solana Reserve Weak Altcoin Flows Limit Breakouts

Market data shows that despite Bitcoin dominance (BTC.D) falling below 60%, the Altcoin Season Index has not confirmed a full rotation into alternative assets. This indicates that liquidity is not yet shifting away from Bitcoin at a scale that would support sustained rallies in other networks.

On the charts, Solana’s SOL/BTC ratio has dropped to new lows since September, threatening support near 0.0015. Similarly, XRP/BTC faces resistance near 0.000025 and remains more than 20% below its key $2.50 price ceiling. These patterns reflect ongoing weakness despite fundamentally strong positions.

The Shared Factor: Limited Capital Rotation

While both Solana and XRP continue to demonstrate long-term strength through real-world use cases and institutional traction, the lack of altcoin-specific inflows remains the limiting factor. Until capital rotation picks up, the broader market’s cautious sentiment will likely keep both assets moving in sync with Bitcoin rather than leading their own independent rallies.

The post Solana and XRP Decline Despite 2025 Milestones first appeared on The VR Soldier.

Dogecoin’s Technical Base Signals Strong Market Support

Dogecoin continues to outperform other large-cap cryptocurrencies, holding above the $0.15 support level despite broader market weakness. Technical and on-chain indicators suggest that the current range could serve as a strong base for stability in the near term.

Technical Stability Amid Volatility

While most top-cap assets saw steeper declines, Dogecoin limited its November losses to around 15%. The token has now maintained its position above $0.15 for over a month, confirming the level as a potential floor.

Exchange net position data recently turned positive for the first time in two months, indicating renewed inflows to exchanges. Historically, these flips often align with short-term rebounds, suggesting traders are beginning to accumulate DOGE at key price zones.

Source: Glassnode Whale Activity Supports the Base

On-chain data reveals that major holders, particularly those holding between 100 million and 1 billion DOGE, have accumulated roughly 5 billion tokens in December. This accumulation pattern reflects growing confidence among large investors.

Analysts also noted that around 27.4 billion DOGE was previously accumulated at the $0.08 level, marking it as a deeper base of support. Together, these layers create a stronger structural foundation that could help defend the $0.15 floor if selling pressure returns.

Outlook: Whats Next for Dogecoin?

Dogecoin’s resilience appears to be underpinned by steady on-chain activity and consistent buying interest from large holders. With two well-defined support zones and improving market signals, DOGE remains one of the more technically stable assets in its category.

The post Dogecoin Shows Resilience as $0.15 Support Holds Firm first appeared on The VR Soldier.

Leveraged Longs Wiped Out as Bitcoin Breaks $90K Support

Bitcoin and Ethereum continue to struggle amid one of the sharpest drawdowns of the year. Nearly $1 trillion in market capitalization has evaporated since early October, raising fears that the current correction could evolve into a broader market reset.

Massive Market Losses and Rising Fear

The total crypto market cap has shrunk by roughly $230 billion per week over the past month. Bitcoin is now trading near $86,000, down 20% in three weeks, while Ethereum has fallen below $2,800. Both assets are struggling to find meaningful support as sentiment deteriorates.

Source: Trading View

The latest jobs report added to macro uncertainty, with 119,000 new positions in September lowering expectations for a Federal Reserve rate cut to just 35%. With several U.S. data releases delayed, investors remain cautious. The result is heightened fear and declining risk appetite across digital assets.

Leveraged Traders Face Steep Losses

Coinglass data shows over $957 million in positions liquidated within 24 hours, with 88% coming from longs. Bitcoin’s intraday drop to $85,300 confirmed weak buying demand. Despite this, Binance’s BTC/USDT perpetual futures still show an 80% long skew, suggesting traders remain overexposed.

Ethereum has mirrored Bitcoin’s movement, slipping 0.35% intraday and falling back toward its late-Q2 trading range. High volatility and thin liquidity have amplified losses, leaving over-leveraged traders vulnerable to further downside.

Macro Headwinds Intensify

Hopes for monetary easing have faded sharply. The probability of a rate cut that stood near 99% a month ago has fallen to around 35%. The Fear and Greed Index dropped to 11, its lowest level in over a year, reflecting the depth of market anxiety.

Outlook

While short-term traders may view current levels as potential accumulation zones, the absence of clear catalysts and the weight of macro pressures make a strong recovery unlikely in the near term. For now, both Bitcoin and Ethereum remain vulnerable, with the risk of deeper pullbacks if selling pressure persists.

The post Bitcoin and Ethereum Drop Amid Mounting Macro Pressures first appeared on The VR Soldier.

Solana and XRP exchange-traded funds continued their inflow streak on November 14, contrasting sharply with the ongoing outflows from Bitcoin and Ethereum ETFs. Updated data shows a widening divergence in investor behavior across major digital asset products, with institutional capital shifting away from the two largest cryptocurrencies.

Bitcoin and Ethereum ETFs face multi-day redemptions

Bitcoin ETFs saw another day of significant withdrawals, losing $492.11 million on November 14. This followed a steep $869.86 million outflow the day before and $277.98 million on November 12, marking three consecutive days of redemptions.

The recent downturn comes after brief inflows earlier in the month, including $523.98 million on November 11. Despite the outflow streak, total cumulative net inflows for Bitcoin ETFs remain positive at $58.85 billion, with collective assets reaching $125.34 billion.

Bitcoin ETF data: SoSo Value

Ethereum ETFs also recorded another day of losses, extending a four-day outflow streak. Withdrawals reached $177.90 million on November 14, following larger redemptions of $259.72 million on November 13 and $183.77 million on November 12. Total cumulative net inflows for Ethereum ETFs now stand at $13.13 billion, with assets under management at $20 billion.

Solana ETFs maintain steady inflows

Solana funds have recorded consistent inflows since late October. On November 14 alone, Solana ETFs added $12.04 million, continuing the positive trend seen throughout the week. Earlier inflow days included $1.49 million on November 13 and $18.06 million on November 12.

Solana ETF data: SoSo Value

Total cumulative inflows have reached $382.05 million, with assets under management rising to $541.31 million. The persistent interest suggests that investors continue to view Solana as a strong alternative amid volatility in larger-cap assets.

XRP ETFs see strong early demand

XRP ETFs, launched on November 13, posted no inflows on their listing day but saw a quick turnaround with $243.05 million added on November 14. The new funds reached $248.16 million in assets after just two days of trading.

The early inflows highlight investor interest in gaining exposure to XRP through regulated products, even as broader crypto markets remain mixed.

Altogether, the contrasting flows across Bitcoin, Ethereum, Solana, and XRP products underscore shifting market sentiment as investors reassess risk and opportunities across asset classes.

The post Solana, XRP ETFs See Inflows; Bitcoin Slides first appeared on The VR Soldier.

Shiba Inu Supply Shrinks as Buyers Defend Key Demand Zone

Shiba Inu recent on-chain activity points to a tightening supply that could set the stage for a potential rebound. While volatility in burn rates persists, long-term contraction in circulating supply, combined with strong buyer behavior, is building the foundation for a possible trend reversal.

Burn Data Highlights Supply Contraction

Shiba Inu’s 7-day burn rate surged over 2,000%, reflecting an aggressive removal of tokens from circulation before a sharp pullback in the past 24 hours. Despite short-term fluctuations, the broader trend shows consistent supply reduction, a key factor behind the growing “supply-shock” narrative.

The price continues to hold within the 0.00000885–0.00000900 demand zone, with repeated buyer reactions signaling firm market support. Technically, SHIB is testing the upper boundary of its descending channel, positioning it close to a potential breakout structure.

Buyer Activity and Exchange Flows

Exchange reserve data reveals a 6.79% decline, indicating that fewer SHIB tokens are held on centralized exchanges and therefore less immediately available for sale. This reduction in sell-side supply often aligns with healthier accumulation patterns and reduced downward pressure.

Source: CryptoQuant

Additionally, the Spot Taker CVD metric, which measures buy and sell order flow, shows sustained buyer dominance. This suggests that buyers are absorbing sell orders during every retest of the demand zone, reinforcing stability and hinting at the possibility of a controlled upward shift.

Technical Indicators Suggest Waning Bearish Momentum

Shiba Inu’s RSI has gradually climbed toward 41, forming higher lows, a sign of easing bearish pressure. A move toward the 50 level would confirm improving momentum and strengthen the argument for a short-term reversal.

If buying volume increases near the channel resistance, SHIB could test upside targets at 0.00001029, 0.00001118, and 0.00001301.

Source: Trading View Market Outlook

Shiba Inu sits in a tightening technical structure supported by falling exchange reserves, rising buyer pressure, and a resilient demand base. Although burn-rate volatility adds uncertainty, the broader contraction in supply and improving market metrics indicate early signs of strength that could precede a breakout from the current range.

The post Shiba Inu Supply Tightens as On-Chain Data Signals Possible Reversal first appeared on The VR Soldier.

Bitcoin Drops to $97K After Wiping Out Nearly $450M in Longs

Bitcoin plunged to $97,031 after breaking below the $100,000 support level, triggering widespread liquidations that wiped out nearly $450 million in leveraged long positions. The sharp sell-off marks a 23% decline from October’s record high of $126,000, erasing five months of gains in little over a month.

Massive Liquidations Follow the Bitcoin Breakdown

According to Coinglass data, $448.48 million in long positions were liquidated across major exchanges as traders were caught off guard by the rapid drop. Hyperliquid recorded the largest losses, totaling $177 million, followed by Bybit with $134 million and Binance with nearly $21 million in liquidations.

Source: Coinglass

Longs outnumbered shorts by twelve to one, reflecting an overextended market. As key support levels failed, forced liquidations accelerated the sell-off, intensifying the decline. OKX, Gate.io, and HTX also reported significant liquidation activity, signaling widespread overleveraging in the derivatives market.

Technical Breakdown and Key Levels

Bitcoin’s fall below its 20-day moving average near $106,000 confirmed a short-term breakdown. Once the $100,000 threshold gave way, momentum shifted sharply bearish, with price finding little support until the $94,000–$95,000 region.

Trading volume surged during the decline, suggesting genuine selling pressure rather than a temporary liquidity event. The speed of the move points to margin calls and forced unwinding as key drivers of volatility.

Bitcoin Market Context and Outlook

Despite the steep correction, Bitcoin remains up roughly 15% year-to-date after starting 2025 near $102,000. The $94,000–$95,000 area now represents critical support; holding above it could allow the market to stabilize, while a breakdown below may trigger another wave of liquidations toward the high $80,000 range.

Whether this marks a healthy reset or the beginning of a deeper correction will depend on how quickly leverage resets and whether buyers return to defend key levels in the coming sessions.

The post Bitcoin Falls Below $100K as $448 Million in Long Positions Are Liquidated first appeared on The VR Soldier.

Canary Capital Seeks Approval for Spot MOG ETF

Canary Capital Group LLC has submitted a new filing to the U.S. Securities and Exchange Commission seeking approval for the Canary MOG ETF, a spot exchange-traded product that would hold MOG Coin directly.

The November 12 submission marks one of the earliest attempts to list a U.S. regulated fund tied to a memecoin, expanding the current wave of crypto ETF activity. The ETF would function as a trust and allow investors to gain exposure to MOG through standard brokerage accounts without needing to hold the token themselves.

How the Proposed MOG ETF Would Operate

The filing outlines a structure similar to existing Bitcoin and Ethereum spot ETFs. The trust would issue and redeem shares in large blocks and hold physical MOG tokens or equivalent cash. Its stated objective is to track the price of MOG in the spot market while adjusting for operating expenses.

MOG is described as an Ethereum-based token associated with social communities and meme culture rather than utility driven blockchain mechanics. Despite this, the trust would follow the same regulatory pathway used by other spot crypto ETFs that operate outside the 1940 Investment Company Act.

If approved, the MOG ETF would open a regulated channel to a memecoin market that has historically operated only through crypto exchanges.

ETF Market Grows as Canary Expands Its Lineup

The MOG ETF filing comes as Canary Capital expands its broader ETF strategy. The firm’s spot XRP ETF begins trading on Nasdaq on November 13 under the Securities Act of 1933. This product provides direct exposure to XRP with a management fee of 0.50 percent.

At the same time, demand for other crypto ETFs continues to rise. Spot Solana ETFs from Bitwise and Grayscale, launched in October, now hold more than 500 million dollars in combined assets, showing strong institutional and retail uptake.

Regulatory Shifts Support New ETF Categories

The latest wave of filings follows new federal guidance. A Treasury release known as Revenue Procedure 2025-31 introduced rules enabling spot crypto ETFs to participate in staking for proof of stake networks such as Solana and Ethereum.

Under the new framework, staking rewards can be passed directly to investors. Analysts estimate potential yields of 5 to 7 percent for networks like Solana, creating new incentives for issuers and investors while expanding the types of crypto assets eligible for exchange-traded products.

The evolving regulatory landscape suggests a wider range of crypto ETFs could emerge as agencies refine rules around custody, taxation, and staking operations.

The post Canary Seeks Spot MOG ETF After XRP Listing first appeared on The VR Soldier.

Calastone Expands Fund Distribution via Polygon

Calastone, the world’s largest funds distribution network, has announced its integration with Polygon, marking a major step toward tokenizing global fund transactions. The initiative will enable over 4,500 financial institutions across 58 markets to access onchain fund distribution, enhancing efficiency and transparency in asset management.

Processing more than £250 billion in monthly transactions, Calastone connects leading banks, asset managers, and financial intermediaries worldwide. The integration with Polygon’s proof-of-stake blockchain allows the network to modernize fund transfers and settlements using tokenized infrastructure while maintaining existing compliance and regulatory standards.

Tokenized Funds Reach Global Institutions

By launching tokenized fund share classes on Polygon, Calastone aims to streamline fund management and open access to blockchain-powered efficiencies. The platform’s existing network of financial institutions will now be able to benefit from faster settlements, reduced operational costs, and improved cross-border reconciliation.

The world’s largest funds network, processing £250B+ monthly, chooses Polygon to launch tokenized fund share classes to 4,500 financial institutions in 58 markets.

Calastone is bringing institutional finance onchain, on Polygon rails. pic.twitter.com/vPYFcbXPKg

— Polygon (@0xPolygon) November 12, 2025

According to Polygon Labs, the integration enables asset managers to distribute tokenized funds to digital-first investors globally. Blockchain-based automation will help reduce intermediaries and simplify settlement processes while maintaining full transparency across jurisdictions.

The move is expected to support both institutional and retail investors, bridging the gap between traditional fund operations and onchain infrastructure.

Polygon’s Infrastructure Powers Tokenization

Calastone selected Polygon due to its scalability, sub-cent transaction fees, and near-instant finality. With the network’s Rio and Heimdall upgrades, Polygon can process up to 5,000 transactions per second, offering the reliability and speed required for institutional adoption.

This level of performance aligns with the growing push among global financial institutions to tokenize real-world assets (RWAs) and bring traditional markets onchain. The integration also demonstrates how blockchain technology can improve the liquidity and accessibility of regulated investment products.

Polygon’s ecosystem continues to expand, with integrations across major financial and fintech platforms, including Stripe, Manifold Trading, and NRW.BANK. The company is also developing Agglayer, a unified network of interconnected chains aimed at enhancing scalability for large-scale enterprise use.

A Step Toward the Future of Asset Management

The collaboration between Calastone and Polygon highlights a wider trend in the financial sector traditional capital markets increasingly turning to blockchain to reduce friction and modernize infrastructure.

By tokenizing fund share classes, Calastone will enable programmable fund operations, instant reconciliation, and seamless investor onboarding. This transition could serve as a model for how asset managers and custodians integrate blockchain technology without disrupting existing regulatory frameworks.

Industry analysts say the integration demonstrates blockchain’s potential beyond cryptocurrencies, offering real-world utility in fund management, settlement systems, and cross-border financial operations.

The post Polygon to Host Calastone Tokenized Funds first appeared on The VR Soldier.