Sunday, November 30, 2025

Asia Morning Briefing: Bitcoin Slides on Japan Bond Spike and BOJ Hike Bets

Short-term Japanese yields reached their highest level since 2008, strengthening the yen and pressuring leveraged crypto positions during Hong Kong trading hours.

source https://www.coindesk.com/markets/2025/12/01/asia-morning-briefing-boj-rate-hike-bets-trigger-asia-selloff-and-bitcoin-slide

What mNAV Really Tells You About Bitcoin Treasury Companies — and Where It Falls Short

NYDIG’s research head questions how mNAV is used to assess bitcoin treasuries, arguing it masks key risks tied to capital structure and equity dilution.

source https://www.coindesk.com/business/2025/11/30/what-mnav-really-tells-you-about-bitcoin-treasury-companies-and-where-it-falls-short

Priced at Zero: How Brazil’s Méliuz Turned to Bitcoin to Escape a Treasury Trap

The company adopted a bitcoin treasury plan by deploying a strategy inspired by Metaplanet, with 66% shareholder approval, to mitigate negative returns from government bonds.

source https://www.coindesk.com/business/2025/11/30/priced-at-zero-how-brazil-s-meliuz-turned-to-bitcoin-to-escape-a-treasury-trap

Ethereum Developers Prep for Fusaka, Second Upgrade of 2025

The goal of the upgrade is to enable Ethereum to handle the large transaction throughput from the layer-2 chains that use the blockchain as their base layer.

source https://www.coindesk.com/tech/2025/11/26/ethereum-developers-prep-for-fusaka-second-upgrade-of-2025

Saturday, November 29, 2025

Bitcoin ETFs Are Now BlackRock’s Top Revenue Source, Exec Says 


The firm's US-listed spot bitcoin ETF IBIT, launched in January 2024, reached $70 billion in assets in record time and has generated hundreds of millions in fees.

source https://www.coindesk.com/business/2025/11/29/bitcoin-etfs-are-now-blackrock-s-top-revenue-source-exec-says

Meet the Billion-Dollar Crypto Founder Who Started Trading at 9 Years Old

Denis Dariotis, the youthful founder and CEO of cryptocurrency-focused trading software firm GoQuant, talks about building a billion-dollar-a-day trading startup during his formative years.

source https://www.coindesk.com/business/2025/11/29/meet-the-billion-dollar-crypto-founder-who-started-trading-at-9-years-old

Friday, November 28, 2025

Bitcoin's 'Coinbase Premium' Flips Positive After Weeks in the Red

The premium — which tracks the price spread between Coinbase and the global market — acts as a read on U.S. capital flows in previous cycles.

source https://www.coindesk.com/markets/2025/11/29/coinbase-premium-flips-positive-in-hope-for-bitcoin-bulls

Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs

The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as reasons for its pullout.

source https://www.coindesk.com/business/2025/11/28/tether-shuts-down-uruguay-mining-operations-over-energy-tariffs

European Asset Manager Amundi Debuts Tokenized Share Class on Ethereum

The tokenized share class provides investors with blockchain-based access to Amundi’s euro cash fund, enabling faster, round-the-clock trading.

source https://www.coindesk.com/markets/2025/11/28/european-asset-manager-amundi-debuts-tokenized-share-class-on-ethereum

Thursday, November 27, 2025

Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds

The recovered tokens, spanning multiple networks and assets, will be paid out in the same tokens as originally provided, with a claim mechanism being developed.

source https://www.coindesk.com/web3/2025/11/27/balancer-dao-starts-discussing-usd8m-recovery-plan-after-usd110m-exploit-cut-tvl-by-two-thirds

Wednesday, November 26, 2025

Tuesday, November 25, 2025

U.S. Hours Account for Nearly All of Bitcoin’s November Losses

BTC drifts or stabilizes during Asia trading hours, softens slightly during the European handover and then absorbs most of its losses once U.S. equity markets open.

source https://www.coindesk.com/news-analysis/2025/11/25/u-s-hours-account-for-nearly-all-of-bitcoin-s-november-losses

Monday, November 24, 2025

TON Rallies 8% as Telegram Ecosystem Expands With AI Launch, Tokenized Stocks

Recent developments include the launch of Confidential Compute Open Network (COCOON) and the integration of tokenized US stocks and digital collectibles.

source https://www.coindesk.com/markets/2025/11/24/ton-rallies-8-as-telegram-ecosystem-expands-with-ai-launch-tokenized-stocks

ETF Outflows, Stablecoin Flows and DAT Reversals Signal Crypto Capital Flight: NYDIG

Spot bitcoin ETFs have seen persistent outflows ($3.55 billion in November), and stablecoin supply has declined, indicating capital is leaving the market, NYDIG Said.

source https://www.coindesk.com/markets/2025/11/23/etf-outflows-stablecoin-flows-and-dat-reversals-signal-crypto-capital-flight-nydig

Saturday, November 22, 2025

Thursday, November 20, 2025

Crypto Lobbyists Pitching Trump on Getting Things Done During Congress' Uncertainty

Industry groups signed a letter to President Donald Trump calling for new tax policy and agency action on initiatives apart from Congress' market structure work.

source https://www.coindesk.com/policy/2025/11/20/crypto-lobbyists-pitching-trump-on-getting-things-done-during-congress-uncertainty

Anthony Scaramucci-Backed AVAX One Approves $40M Stock Buyback

Digital asset treasury firms are increasingly turning to share buybacks to arrest plunging stock prices as investor demand sours.

source https://www.coindesk.com/business/2025/11/20/anthony-scaramucci-backed-avax-one-approves-usd40m-stock-buyback

Trump's CFTC Pick, Mike Selig, Clears Hurdle on Way Toward Confirmation Vote

The day after his confirmation hearing, the Senate Agriculture Committee made a quick vote to push Mike Selig toward the overall Senate for a final vote.

source https://www.coindesk.com/policy/2025/11/20/trump-s-cftc-pick-mike-selig-clears-hurdle-on-way-toward-confirmation-vote

Wednesday, November 19, 2025

New Hampshire Awaits Bitcoin Bond Buyer to Get First State Effort Rolling

The New Hampshire Business Finance Authority took the opening steps toward shepherding a potential $100 million private-sector bitcoin bond.

source https://www.coindesk.com/policy/2025/11/19/new-hampshire-awaits-bitcoin-bond-buyer-to-get-first-state-effort-rolling

Crypto Leverage Hits Record High in Q3 as DeFi Dominance Reshapes Market Structure: Galaxy

Onchain lending drove crypto-collateralized debt to a new peak in last quarter, but the leverage underpinning the market is now better collateralized than during the previous cycle.

source https://www.coindesk.com/markets/2025/11/19/crypto-leverage-hits-record-high-in-q3-as-defi-dominance-reshapes-market-structure-galaxy

Tuesday, November 18, 2025

Asia Morning Briefing: BTC Market Stress Reveals a New Crypto Order

Market observers note stable XRP/BTC and ETH/BTC ranges and an unusually balanced top-20 ranking, signaling fundamentals-driven dispersion rather than a broad alt season.

source https://www.coindesk.com/markets/2025/11/19/asia-morning-briefing-btc-market-stress-reveals-a-new-crypto-order

Kraken Scores $800M Raise Backed by $200M Citadel Securities Investment

The funding, which values Kraken at $20B, accelerates plans to integrate traditional markets with crypto infrastructure across multiple regions.

source https://www.coindesk.com/markets/2025/11/18/kraken-scores-usd800m-raise-backed-by-usd200m-citadel-investment

'Permissionless Assets’: Robinhood’s 3-Phase Tokenization Plan to Disrupt TradFi

Robinhood is working on infrastructure developments, said Offchain Labs' A.J. Warner, including 24/7 trading, and leveraging technologies like Arbitrum Stylus for compatibility.

source https://www.coindesk.com/business/2025/11/18/permissionless-assets-robinhood-s-3-phase-tokenization-plan-to-disrupt-tradfi

Canada Approves Budget That Advances Policy for Stablecoins

The Canadian government narrowly won favor in Parliament for its budget push that includes a new policy governing stablecoins.

source https://www.coindesk.com/policy/2025/11/18/canada-approves-budget-that-advances-policy-for-stablecoins

Monday, November 17, 2025

DappRadar Shuts Down, Citing ‘Financially Unsustainable’ Market

Launched in 2018, the platform had grown into one of the most prominent analytics hubs for on-chain activity.

source https://www.coindesk.com/business/2025/11/17/E

Sunday, November 16, 2025

Bitcoin Falls Below $94,000 for First Time Since May Amid 'Extreme Fear' Sentiment

Analysts highlighted retail distress, rare social-dominance surges and warnings of a possible deeper pullback as several major tokens remained under pressure.

source https://www.coindesk.com/markets/2025/11/16/bitcoin-falls-below-usd94-000-for-first-time-since-may-amid-extreme-fear-sentiment

Saturday, November 15, 2025

Alibaba to Use JPMorgan’s Blockchain for Tokenized Dollar and Euro Payments: CNBC

The technology aims to expedite transactions and eliminate intermediaries, enabling the direct transfer of digital currencies over a blockchain-based system.

source https://www.coindesk.com/business/2025/11/15/alibaba-to-use-jpmorgan-s-blockchain-for-tokenized-dollar-and-euro-payments-cnbc

Crypto Liquidity Still Hollow After October Crash, Risking Sharp Price Swings

Despite calmer prices after October’s brutal leverage wipeout, bitcoin and ether market depth remains structurally thin, creating a more fragile trading environment.

source https://www.coindesk.com/markets/2025/11/15/crypto-liquidity-still-hollow-after-october-crash-risking-sharp-price-swings

Thursday, November 13, 2025

Tuesday, November 11, 2025

Asia Morning Briefing: Bitcoin ETFs Pull In $300M as Traders Rush to Buy the Dip

After two weeks of heavy redemptions, U.S.-listed spot Bitcoin ETFs turned positive again, led by Fidelity and Ark, even as global fund flows remain uneven.

source https://www.coindesk.com/markets/2025/11/12/asia-morning-briefing-bitcoin-etfs-see-usd300m-return-to-net-inflows-as-traders-buy-the-dip

Monday, November 10, 2025

Bitcoin Holds Above $105K as Traders Eye Shutdown Deal, Liquidity Boost

Ending the government shutdown may trigger a $150-$200 billion liquidity injection, but a continuation could derail long-term crypto regulation, Arca's research head said.

source https://www.coindesk.com/markets/2025/11/10/bitcoin-holds-above-usd105k-as-traders-eye-shutdown-deal-liquidity-boost

Uniswap Proposes Sweeping ‘UNIfication’ With UNI Burn and Protocol Fee Overhaul

The proposal, called “UNIfication,” would activate protocol fees, burn millions of UNI tokens and consolidate the project’s key teams under a single strategy.

source https://www.coindesk.com/tech/2025/11/10/uniswap-proposes-sweeping-unification-with-uni-burn-and-protocol-fee-overhaul

Chainlink Bounces 5%, But Breakout Falters at $16.50 Resistance

Strong volume surge confirms the breakout above $16, though profit-taking near session highs introduces near-term uncertainty.

source https://www.coindesk.com/markets/2025/11/10/chainlink-bounces-5-but-breakout-falters-at-usd16-50-resistance

XRP Surges 6% as Price Shows 'Higher Highs,' DTCC Lists Five Spot ETFs

Canary Capital, Bitwise, Franklin Templeton, and 21Shares filed amended S-1 registration statements for spot XRP exchange-traded funds, introducing standardized listing language designed to streamline SEC review under existing 8(a) procedures.

source https://www.coindesk.com/markets/2025/11/10/xrp-surges-6-as-price-shows-higher-highs-dtcc-lists-five-spot-etfs

Asia Morning Briefing: Bitcoin Rebounds as Polymarket Traders Bet U.S. Shutdown Will End Within Days

Prediction markets flipped overnight after Senate negotiators reached a bipartisan funding deal, sending crypto and risk assets higher on expectations that Washington will reopen before Veterans Day.

source https://www.coindesk.com/markets/2025/11/10/asia-morning-briefing-bitcoin-rebounds-as-polymarket-traders-bet-u-s-shutdown-will-end-within-days

Saturday, November 8, 2025

The Great Korean Pivot: From Memecoins to Machine Chips

As crypto trading volumes collapse in South Korea, retail investors are flocking to the stock market, fueling a state-backed AI-driven rally that’s replaced altcoin mania with semiconductor fever.

source https://www.coindesk.com/business/2025/11/09/the-great-korean-pivot-from-memecoins-to-machine-chips

Long DATs, Short Futures: A New Wrinkle On The Basis Trade

As regulated futures proliferate across alts, the “long DAT, short futures” trade could become an ideal way for Wall Street to capture crypto yield without touching a wallet or suffering from the intense volatility that defines crypto as an asset class, argues CoinFund’s Chris Perkins.

source https://www.coindesk.com/opinion/2025/11/05/long-dats-short-futures-a-new-wrinkle-on-the-basis-trade

Friday, November 7, 2025

U.S. Fed's Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T

The Federal Reserve governor argued that stablecoins' increasing demand for dollar-tied assets such as Treasuries will force monetary policy decisions.

source https://www.coindesk.com/policy/2025/11/07/u-s-fed-s-miran-says-policy-needs-to-adjust-to-stablecoin-boom-that-could-reach-usd3t

Stop Chasing DeFi Yields and Start Doing the Math

The DeFi industry has trained everyone to optimize for headline APY numbers while burying the costs that determine your returns, argues Blueprint Finance CEO Nic Roberts-Huntley

source https://www.coindesk.com/opinion/2025/11/04/stop-chasing-defi-yields-and-start-doing-the-math

Thursday, November 6, 2025

ICP Jumps 34% to $7.02 in Explosive Breakout Above Key Resistance

Internet Computer soars to $7.02, climbing 34% in a breakout move that confirms renewed bullish momentum backed by exceptional trading activity.

source https://www.coindesk.com/markets/2025/11/06/icp-jumps-34-to-usd7-02-in-explosive-breakout-above-key-resistance

Wednesday, November 5, 2025

Canada Begins March Toward Stablecoin Regulations

In the wake of the U.S. GENIUS Act, Canadian lawmakers are moving on Canadian-dollar-backed stablecoin legislation, which is being cheered by crypto interests.

source https://www.coindesk.com/policy/2025/11/05/canada-begins-march-toward-stablecoin-regulations

Monad Foundation Sets Nov. 24 Airdrop Date for Users

This comes after the Foundation opened its airdrop claim portal on October 14, inviting users to verify their eligibility.

source https://www.coindesk.com/tech/2025/11/05/monad-foundation-sets-nov-24-airdrop-date-for-users

Monday, November 3, 2025

Solana's SOL Bleeds Nearly 20% Since ETF Debut Despite 'Very Solid' Inflows

The weak action happened despite SOL exchange-traded products booking their second strongest weekly inflow on record driven by the new ETFs, CoinShares said.

source https://www.coindesk.com/markets/2025/11/03/solana-s-sol-bleeds-nearly-20-since-etf-debut-despite-very-solid-inflows

Asia Morning Briefing: Cautious Calm Returns to BTC Markets as Traders Rebuild Risk

BTC holds near $110K and Ethereum trades around $3,900 as liquidations ease and market makers report clients slowly re-entering risk after the Fed-driven selloff.

source https://www.coindesk.com/markets/2025/11/03/asia-morning-briefing-cautious-calm-returns-to-btc-markets-as-traders-rebuild-risk

Saturday, November 1, 2025

Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’

In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while pointing to rising USDC use in emerging markets.

source https://www.coindesk.com/tech/2025/11/01/circle-ceo-jeremy-allaire-calls-arc-an-economic-os-for-the-internet

‘Bitcoin Never Shuts Down’: U.S. Treasury Secretary Marks Anniversary, Needles Democrats

Scott Bessent marked the white paper’s anniversary by lauding bitcoin’s resilience and contrasting it with Washington gridlock, rekindling debate over Treasury’s crypto stance.

source https://www.coindesk.com/policy/2025/11/01/bitcoin-never-shuts-down-treasury-s-bessent-marks-anniversary-needles-democrats