Market Signal Briefing

Italy's economy ministry on Saturday said it had acted properly in placing shares in bailed-out bank Monte dei Paschi di Siena (MPS) with two key investors who are now at the centre of an investigation by Milan prosecutors.

Strategy CEO: Equity and Debt Flexibility Power Long-Term Bitcoin Accumulation PlanPhong Le says Strategy has no near-term debt maturity risk and plans to continue using convertibles and equity to grow its bitcoin position over time. Nov 29, 2025, 6:12 p.m.

Strategy CEO Phong Le says the company now has “more flexibility than ever” to continue accumulating bitcoin, citing a capital structure built on long-dated debt, opportunistic equity access, and no short-term refinancing pressure.

Speaking on the most recent episode of the “What Bitcoin Did” podcast, Le told host Danny Knowles that Strategy’s ability to raise capital through both debt and equity has become a central part of the firm’s long‑term bitcoin operating strategy. He described capital‑market access as the “magic” behind the company’s ability to consistently add bitcoin to its balance sheet through multiple market cycles.

STORY CONTINUES BELOW

Le said the firm deliberately engineered its balance sheet to avoid liquidity stress and to maintain room for opportunistic issuance. “Our capital stack is very strong,” he said. “The first debt maturity doesn’t hit until December 2025. It gives us a lot of flexibility to be opportunistic.” The company holds several convertible note tranches that are long‑dated and carry minimal near‑term dilution risk. Le added that Strategy now has “more flexibility than ever” to continue accumulating bitcoin, pointing to its ability to tap both equity and debt markets depending on conditions.

He added that Strategy now has more flexibility than at any point in its history, citing its ability to raise equity through at‑the‑market programs and its track record of issuing zero‑coupon or low‑coupon convertibles. “We’ve shown we can do both. We can choose the timing of both,” he said, noting that the firm can raise capital during strong equity markets or lean on convertibles when rates and market conditions favor long‑duration issuance.

The Washington, D.C.–area firm, which rebranded from MicroStrategy to Strategy in February 2025, holds more than 158,000 BTC on its balance sheet. Le said the company’s shareholder base understands that Strategy’s market identity has shifted from a traditional software company to a hybrid business combining enterprise analytics with a bitcoin‑forward treasury strategy. “Our shareholder base understands who we are,” he said. “We’re the only access point to this strategy in public markets.”

Le acknowledged that some investors still question how Strategy should be valued, especially when bitcoin prices are volatile or trading well below recent highs. But he argued that the company has proven its approach through multiple cycles and that its continued access to capital at favorable terms validates the model. “This strategy works because we know how to use the capital markets well,” he said.

He said Strategy intends to continue deploying excess cash flow from its software business into bitcoin and will monitor capital-market conditions to determine whether equity or debt issuance is more appropriate at a given time. “As long as we’re executing — on software, on bitcoin, and in capital markets — we think the story will remain compelling,” he said.

Class A shares of Strategy (MSTR) closed Friday at $17.18, up 0.88% on the day, but down 41% in the year to date. That compares with a 3.14% decline in bitcoin over the same period.

James Van Straten, a CoinDesk market analyst, said Saturday on X that the market may still test Strategy's enterprise valuation or drive its stock below the firm’s bitcoin cost basis. “Even though I believe the bottom is in, the market will feel max pain in one of those two scenarios,” he said, adding that once investors see the company ride out its current convertible note structure, “both bitcoin and MSTR will rally hard.”

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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TLDR:

Bitcoin December results vary, with past years showing both strong gains and sharp losses
2023 showed a 12% gain, while 2021 dropped 18%, illustrating unpredictable historical trends
Analyst notes BTC is forming a base near $90K as altcoins show early strength
Rate cuts, improving liquidity, and geopolitical developments may support December upside

Bitcoin December performance has historically been unpredictable, moving between large gains, losses, and flat periods. 

Recent market observations show that historical assumptions about December returns do not reliably predict Bitcoin’s performance. The cryptocurrency has delivered both positive and negative results in previous years.

Historical December Performance Varies Significantly
Data from past December demonstrates inconsistent outcomes for BTC.

In 2020, BTC rose 46%, while in 2021, it declined by 18%. The following year, 2022, showed a modest 3% decrease, and 2023 experienced a 12%  gain.

Crypto analyst Axel Bitblaze noted on X that the trend over the past five years has no consistent direction. The analyst emphasized that the month moves from “mega green to mega red” in a seemingly random manner. 

According to the post, relying on historical patterns for December predictions remains unreliable.

December has never been a reliable month for $BTC

– 2020: +46% (insane)
– 2021: -18% (brutal)
– 2022: -3% (flat)
– 2023: +12% (strong)
– 2024: -2% (meh)

It goes from mega green → mega red → mid → green → red

There’s zero pattern here lol.

And what makes this even funnier:… pic.twitter.com/ge3KzQV0gn

— Axel Bitblaze 🪓 (@Axel_bitblaze69) November 29, 2025

Analyst commentary also highlighted that predictions for October and November had failed to align with actual market outcomes. Analysts claiming consistent bullish trends in previous months saw the opposite occur, demonstrating the coin’s volatility.

Current Market Dynamics Suggest Potential Upside
Bitblaze observed that this year’s December is subject to unique factors, making historical comparisons less relevant. 

Key drivers include the tailwinds from a fresh rate cut and improving liquidity conditions.

The analyst also pointed out that the market shows signs of forming a base near $90,000. Altcoins are beginning to display early strength, which may provide additional support for Bitcoin during December.

Finally, broader geopolitical and macroeconomic conditions may influence outcomes. 

Bitblaze noted that a potential Russia-Ukraine peace deal and reduced leverage levels contribute to market stability. Analysts suggest these factors could lead to unexpected positive movement, as general expectations for December tend to lean bearish.

Bitcoin’s December performance remains highly volatile, reflecting a combination of historical unpredictability and current market conditions. Traders are monitoring technical levels, macro factors, and altcoin strength to guide positioning.

TLDR:

VeChain transitions to DPoS, allowing VET holders to stake and delegate for network security.
VTHO issuance pauses at hard fork, resuming as dynamic block rewards tied to staking.
KuCoin suspends VET deposits and withdrawals on Dec 2, but trading remains active.
Hayabusa introduces validator lifecycle overhaul and gas optimizations for improved performance.

VeChain is preparing for its most ambitious network upgrade since mainnet, the Hayabusa hard fork. Scheduled for December 2, 2025, the upgrade will introduce a new Delegated Proof of Stake model, updated tokenomics, and enhanced validator operations. 

Deposits and withdrawals of $VET will be temporarily suspended on major exchanges, including KuCoin, to accommodate the transition. Trading, however, will continue uninterrupted while the network shifts to the new consensus and reward mechanisms.

Hayabusa Upgrade Brings DPoS and Staking Changes
The Hayabusa upgrade marks VeChain’s transition from Proof of Authority to Delegated Proof of Stake (DPoS), expanding community participation. VET holders can now stake or delegate tokens to directly influence network security, according to official VeChain sources. 

Validator lifecycle management has been overhauled, with staking, delegation, renewal, exit, and withdrawal handled through a new Staker contract. Stake-weighted finality will ensure blocks finalize based on validator weight, increasing cryptoeconomic resilience.

Dynamic VTHO issuance replaces static generation, adjusting rewards based on network activity and staked supply. VTHO token generation will pause at the hard fork block, resuming as staking-based block rewards afterward. 

Developers gain enhanced tooling, including improved error context, new admin APIs, and full Devnet mirroring. Performance optimizations target gas usage, storage efficiency, and general network stability.

The testnet hard fork completed successfully on November 4, 2025, providing a blueprint for the mainnet upgrade. KuCoin confirmed VET deposits and withdrawals will be suspended from 10:00 UTC on December 2, ahead of the scheduled 11:27 UTC hard fork. 

Exchanges caution users to avoid moving VET during the upgrade window to prevent transaction failures.

A big thanks to @kucoincom for their support of the upcoming Hayabusa upgrade.

Just 2 days to go until we launch VeChain’s most ambitious upgrades since mainnet.

New tokenomics
New rewards
New consensus

It’s nearly time for launch. $VEThttps://t.co/PINNYCcNAH

— VeChain (@vechainofficial) November 29, 2025

Network Implications and Community Participation
The transition positions VeChain for broader decentralization while aligning incentives between validators and token holders. 

By enabling stake-based participation, the network expects higher engagement from the VET community. The update also supports scalable governance structures, giving stakeholders a more direct role in network security.

Gas optimizations and validator enhancements aim to reduce costs and improve block finality speed, reinforcing network reliability. The Hayabusa upgrade retains VET’s current supply, with no new tokens issued. 

Major exchanges like KuCoin have confirmed that trading remains active, minimizing disruption for market participants.

VeChain’s naming of the upgrade after the Japanese Hayabusa spacecraft reflects its focus on precision, innovation, and network endurance. The hard fork represents a critical milestone as the blockchain evolves toward a fully delegated and performance-optimized system.

In a notable shift, spot Solana ETFs managed to regain positive ground with modest inflows on Friday, reversing a brief dip in their 21-day streak of capital inflows. The recent activity highlights the robust interest in Solana, despite the inherent volatility in the crypto market.

Ethereum's scaling journey has accelerated once again, and the industry is preparing for what could be the most transformative period since the Merge. With the Fusaka upgrade expected in early December, many believed the network would enter a phase of consolidation.

According to the latest on-chain evaluation, the recently-launched spot exchange-traded funds (ETFs) in the United States have added a new dimension to the XRP price dynamics.

Institutional Divergence From On-Chain Activity A Classic Accumulation Sign
On Friday, November 28, Cryptonchain, in a Quicktake post on the CryptoQuant platform, shared insights into XRP’s recent price action. The market analyst revealed that a notable on-chain dynamic is in play. 

The relevant indicator here is the XRP Active Addresses metric, which tracks the number of wallet addresses actively interacting with the XRP Ledger within a specific time period. This indicator provides insights about retail engagement, network health, and demand pressure.

Source: CryptoQuant
The analyst reported that the XRPL Active Addresses metric has seen a decline to around the 19,400 mark, its lowest level this year. What’s intriguing about this change is that an asset’s price action is typically expected to be in line with its network activity; this case, however, proves to be atypical. 

According to CryptoOnchain, while the XRP Ledger collapsed to its lowest levels seen this year, a strong defense of the $2.20 price support appears to be going on. This divergent behavior, noted the analyst, classically signals that institutions are silently accumulating tokens away from the XRP network. 

When retail activity sponsors price rallies, there are expectedly spikes in network activity due to Fear Of Missing Out (FOMO) among traders. However, institutions operate differently, as off-chain accumulations take place via OTC desks and custodial services (for example, Coinbase Prime and BitGo).

What It Means For Price
The online pundit explained that the decline in the number of active addresses to levels around 15,000 to 19,000 points to a relative absence of retail investors, an investor class with an aggressive reputation.  

As price thus maintains stability through this retail scarcity, it is apparent that there is a growing supply shock due to ETF inflows and increasing institutional positioning.

With these conditions in place, CryptoOnchain posited that it is rational to expect a major pump in the XRP price, but under the additional condition that retail liquidity returns in a fairly considerable amount.

As of this writing, the XRP token is valued at $2.18, reflecting an over 2% in the past 24 hours. However, according to data from CoinGecko, the altcoin is up by more than 14% in the last seven days. 

The price of XRP on the daily timeframe | Source: XRPUSDT chart on TradingView
Featured image from iStock, chart from TradingView

Journalist

Posted: November 30, 2025

Since successfully holding $30 support level, Hyperliquid [HYPE] has closed at higher highs, signaling potential recovery. 

In fact, at press time, HYPE was trading at $35.47, after dropping slightly by 0.8% on the daily charts. Before the slip, HYPE had been on an upward trajectory, hiking 7.03% on weekly charts. 

Amid this attempted market recovery, the Hyperliquid team made a controversial move, transferring 2.6 million tokens. 

Hyperliquid moves $90.18M worth of HYPE
According to HypurrScan, the Hyperliquid team moved 2.6 million HYPE, valued at $90.18 million, from Staking to Spot.

When a team moves to Spot, it doesn’t guarantee a sale, but it signals intent or preparation to sell. After this transfer, the Hyperliquid team still holds 240 million staked HYPE worth $8.36 billion.

Thus, such moves cause market concerns about potential selling pressure. 

Coupled with that, Hyperliquid Cliff unlocks saw $344 million worth of HYPE, or 2.66% of the total circulating supply released.

Source: Tokenomist

These two flows into the spot market could trigger bearish sentiment, especially among holders. Thus, if sold, they could accelerate the downward pressure, resulting in lower prices. 

Demand, especially from whales, remains steady
Notably, after HYPE rebounded from a $29k drop in Big Whale Orders, whales increased their accumulation rate. According to CryptoQuant, Spot Average Order Size data showed large whale orders for seven consecutive days. 

Source: CryptoQuant

Whale orders being dominant in the spot market suggests increased whale activity either on the sell or buy side. 

In this case, it seems whales have been accumulating over the past three days. Looking at the altcoin’s spot Netflow, this metric has remained negative for three consecutive days. 

Source: CoinGlass

At press time, Spot Netflow was at a monthly low of -$7.87 million, indicating increased exchange outflows. 

Usually, increased outflows indicate more buyers are active in the market, helping them absorb any rising selling pressure. 

Historically, such market conditions have accelerated upward strength, often a prelude to higher prices.

What’s next for HYPE?
According to AMBCrypto, Hyperliquid has remained resilient, pivoted by steady demand from whales. Driven by the demand, altcoin’s Sequential Pattern Strength rose for three consecutive days.

At the time of writing, this metric sat around 13.6, indicating a gradually strengthening upward momentum. At the same time, the altcoin’s MACD flipped its signal line, thus its histogram turned positive.

Source: TradingView

These two movements suggest that buyers are slowly regaining market control, positioning HYPE for gains. Therefore, if demand holds, especially from whales, HYPE will reclaim $40 and target $43 resistance.

However, if the Hyperliquid Cliff unlock and Hyperliquid tokens transfer cause selling pressure, the altcoin could drop to $32.

Final Thoughts

Hyperliquid moved 2.6 million HUPE Worth $90.18 million from staking to spot. 
Whale demand has remained steady, stabilizing Hype’s price action and positioning it for a potential move to $40. 

Solana’s memecoin volume hits two-year lows as traders shift to high-liquidity assets while the network maintains strong DEX dominance.

Izabela Anna2 min read

29 November 2025, 04:24 PM

Solana entered the weekend with slower momentum as activity across its memecoin markets dropped to levels not seen in nearly two years. Analysts noted that trading flows linked to speculative tokens now make up less than 5% of Solana’s daily DEX volume. 

The shift points to changing trader behavior at a moment when Solana continues to outperform other blockchains in overall decentralized exchange activity. Hence, the market is watching for the next growth catalyst as the broader environment turns more selective.

Memecoin Volume Slips While Solana Retains DEX DominanceData from Umair Crypto shows a sharp decline in speculative trading across Solana’s memecoin ecosystem. Activity surged during previous cycles, but traders now rotate toward higher-liquidity assets. Consequently, memecoin participation sits at its lowest share since 2023.

Source: X

Despite that downturn, Solana still leads all L1 and L2 networks in daily DEX volume. Market participants continue using Solana for high-velocity trading, where low fees and strong execution remain key advantages. Additionally, Solana’s earlier memecoin wave helped build a large user base, which sustains volume even as speculative traffic cools.

Hayes Predicts a Narrower Field of Winning BlockchainsSpeaking in an interview with Altcoin Daily, Arthur Hayes believes most layer-one networks will struggle to stay relevant. He expects long-term value to concentrate around Ethereum and Solana because both ecosystems support expanding financial activity. He also sees Ethereum driving institutional adoption as L2 networks handle scaling and privacy demands.

Hayes views Solana as the strongest public chain after Ethereum, although he notes a slowdown in speculative flows. He argues that Solana now needs a new driver to maintain growth. Market participants share similar expectations because early hype often fades before new infrastructure or applications appear.

Analysts Monitor Solana Price Stability Near Key Liquidity ZonesSolana trades at $137.43 after a 24-hour decline of nearly 4%. Despite the drop, the token still posts a weekly gain above 9%. Market depth shows thicker liquidity near $137–$138, where buyers continue to step in. 

Ace of Trades notes that Solana transitioned from a controlled downtrend into a tight consolidation zone. He sees heavy liquidity below the current range, with accumulation signals slowly forming.

However, resistance near $141–$142 remains untested. Resting sell orders cluster around that zone and create a ceiling for short-term moves. Hence, traders wait for a clean break above the level to confirm stronger momentum. Until then, price action stays contained within a narrow band that reflects cautious sentiment across the market.

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Izabela Anna

Izabela Anna is a knowledgeable freelance journalist, who boasts over five years of experience covering the cryptocurrency market. Her tenure has seen her navigate through the ebbs and flows of multiple market cycles, giving her a deep understanding within. Her journalistic focus lies in dissecting price action dynamics, scrutinizing the on-chain landscape, and providing insights from a technical perspective, making her a trusted voice in the realm of cryptocurrency reporting.

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Latest Solana (SOL) News Today

The card doesn't require preloading funds or custodial services, and carries a 2% fee on currency conversions, with no IOF tax for Brazilian users.

XRP's futures open interest jumped around 4% in 24 hours, climbing to $4.18 billion as leveraged positions rapidly built up.

Solana began the week in relatively strong shape following its recovery from the mid-November low, yet signals of exhaustion have become increasingly visible. The price, currently near $139.58 on CoinGecko, has slipped by almost 3 percent in the past 24 hours but remains more than 6 percent higher on the week.

Journalist

Posted: November 29, 2025

Solana [SOL] is quietly testing its next move as risk-on flows return to L1s.

Technically, it’s lagging. It is down 35% this quarter. But the daily chart shows SOL at a critical inflection point. Since October’s crash, it’s formed its first higher low at $140, signaling the potential start of a recovery.

On-chain fundamentals back this up: Solana’s liquidity is rising, with stablecoin supply up 10% weekly. That’s nearly $1.3 billion in fresh liquidity, bringing the total back to early November highs of $14.33 billion.

Source: DeFiLlama

The question now is: Where is this liquidity going? 

Interestingly, SolanaFloor recently noted a key divergence on-chain. Solana’s memecoin trading accounts for just 5% of SOL’s daily DEX volume, marking the lowest in two months. Yet, Solana still leads other L1s.

This hints that capital is rotating toward higher-conviction plays, favoring core infrastructure over speculative hype. Against this setup, could Solana be entering a phase where fundamentals finally start to lead the way?

Solana shows strength beyond price action
The market has been steadily diversifying into different sectors. 

One of the fastest-growing areas is Real-World Assets (RWA), which are tokenized versions of assets traded on-chain. Solana is showing clear traction in this space, signaling adoption beyond crypto use cases.

According to data from RWA.xyz, Solana’s 30-day RWA value has jumped nearly 15%, putting it second among L1s in terms of month-over-month growth. Simply put, more real-world value is flowing onto Solana.

Source: RWA.xyz

The effect is showing on-chain as well. 

Solana has recently surpassed Ethereum [ETH] in weekly active users, 11.1 million versus 2.6 million, highlighting that the network is seeing not just tokenized asset growth but broader, consistent engagement.

In essence, despite lagging prices, Solana’s fundamentals remain strong. With memecoin hype fading and liquidity rotating toward conviction plays, the L1 seems to be moving toward a more long-term growth trajectory.

Against this backdrop, SOL’s liquidity influx is a strong bullish signal.

Final Thoughts

Solana liquidity is surging, with stablecoin supply up 10% weekly.
Memecoin trading now accounts for only 5% of SOL’s daily DEX volume, signaling a rotation toward higher-conviction activity.

Ritika Gupta is a Financial Journalist and Geopolitical Analyst at AMBCrypto, specializing in the critical intersection of world politics, economic policy, and the cryptocurrency markets. Her analysis is informed by her distinguished background, which includes professional experience at major news network.
She holds a Bachelor's degree in Political Science and Psychology from Gargi College, University of Delhi. This academic training provides her with a sophisticated framework for dissecting complex issues such as international regulations, government fiscal policies, and the geopolitical forces that directly influence asset valuations.
At AMBCrypto, Ritika applies this expert lens to synthesize macroeconomic data and political developments, offering readers a deeper context for market movements. She excels at explaining not just what is happening in the market, but why it is happening. Her work is dedicated to providing strategic insights that empower readers to understand the complex relationship between global events and their digital assets.

TLDR:

Bitcoin faces increasing pressure as Japan’s tightening cycle accelerates and closes a decades-long liquidity gap.
Market flow shifts from yen carry unwinds push traders to reduce risk exposure across multiple asset classes.
Short sellers monitor the 98,000 to 104,000 zone as a potential rejection point in the current trend.
Liquidity concerns and weakening economic signals drive expectations for extended market stress into 2026.

Bitcoin traders are assessing a shift in global liquidity conditions after new warnings about extended market weakness surfaced on social media. The latest breakdown from Mr. Wall Street pointed to tightening financial conditions as the driver of ongoing pressure. 

His analysis focused on Japan’s changing policy stance and its effect on global risk assets. Market participants are tracking these developments as Bitcoin trades near important technical levels.

Bitcoin Market Breakdown Shows Liquidity Squeeze Building
The outlook shared by Mr. Wall Street outlined Japan’s plan to raise interest rates through 2026. The post highlighted that Japan’s historically low rates drove the long-running carry trade, where investors borrowed yen cheaply to buy risk assets. 

Rising rates now threaten that structure as the spread between Japan and the United States narrows. According to the post, that shift forces investors to unwind positions across stocks, bonds, and Bitcoin.

He noted that this unwind reduces market liquidity as traders convert dollars back into yen to close earlier loans. The analysis pointed to forced selling pressure rather than discretionary profit-taking. 

The post also linked these flows to recent weakness across crypto and equities. Bitcoin remains sensitive to these macro shifts due to its correlation with broader risk assets.

Mr. Wall Street added that his short bias emerged after a weekly close under the EMA50. He expects a sweep of the April 74,000 level to be the next major target. 

His post also mentioned deeper downside zones between 54,000 and 60,000 where he anticipates stronger buying interest. That region aligns with his expectation of a broader capitulation event.

#Bitcoin – Full Market Breakdown

In Depth Technical and Psychological Analysis

Today I will address the elephant in the room that no one talks about, which is the real reason why we are in a bear market and why we will continue in a bear market until end of next year. Many of… pic.twitter.com/wmsOpSo3Mb

— Mr. Wall Street (@mrofwallstreet) November 28, 2025

Traders Track Key Levels Ahead of Potential Rejection Zone
The breakdown included a targeted short zone between 98,000 and 104,000. Mr. Wall Street stated he has large orders positioned in that area in anticipation of a retest. He also warned that AI-related equities may face similar pressure due to tightening liquidity. 

According to his post, he entered short positions near the recent top and plans to add if prices move higher.

He said liquidity stress could increase as the Bank of Japan pushes forward with its tightening cycle. The post added that United States economic signals remain mixed, with concerns about inflation and employment weighing on sentiment. 

He expects recession risks to grow into 2026 as policymakers maintain a cautious stance. Stock market shorts remain active in his strategy, with a focus on rejecting any breakout attempts near current highs.

Bitcoin traders are monitoring these developments as macro conditions influence near-term momentum. 

Mr. Wall Street maintains that the bear trend could persist as long as the carry trade unwind accelerates. His outlook suggests that liquidity remains the decisive factor shaping price direction. Crypto markets will continue to track policy signals from Japan and the United States as the year progresses.

On Friday — and over the past week — publicly traded bitcoin miners shrugged off the prior week's funk and piled on a run of solid gains. Of the ten largest miners by market cap, all of them spent the last seven days comfortably swimming in green.

In a dramatic shift, the Bitcoin derivatives market experienced an $8 billion reduction in futures open interest over the past month, heralding a possible market stabilization. As of late November 2025, open interest in Bitcoin futures contracts plummeted from approximately $37 billion to $29 billion, illustrating a substantial contraction in leveraged trading.

Original U.Today article

Sat, 29/11/2025 - 17:37

Can bulls keep the price of Bitcoin (BTC) above $90,000 until the end of the week?.

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The prices of most coins are in the red zone on Saturday, according to CoinStats.

Top coins by CoinStatsBTC/USDThe rate of Bitcoin (BTC) has gone down by 1.37% over the last 24 hours.

Image by TradingViewOn the hourly chart, the price of BTC is trying to fix above the local resistance of $90,897. If the daily candle closes above that mark, the growth may lead to a test of the $91,500 zone soon.

Image by TradingViewOn the bigger time frame, the rate of the main crypto has not accumulated enough energy for a sharp move. Such a statement is also confirmed by the falling volume.

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In this regard, consolidation in the area of $90,000-$92,000 is the more likely scenario.

Image by TradingViewFrom the midterm point of view, neither bulls nor bears are controlling the situation on the market. Respectively, traders are unlikely to witness increased volatility shortly.

Bitcoin is trading at $90,912 at press time.

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TLDR:

Solana price holds $133 support, a historically respected demand zone.
Daily candles show hesitation, signaling potential early market stabilization.
RSI at ~40 indicates bearish momentum starting to flatten.
CoinShares withdraws staked SOL ETF, while other products continue trading successfully.

Solana continues to trade in a cautious environment as the market attempts to stabilize following its November decline. 

Price action remains compressed, and traders are watching established support levels for early signs of strength.

At the time of writing, SOL was trading near $137 after a weekly rise of about 8%. Short-term momentum remains soft, yet the recent structure shows a market searching for direction rather than extending its decline.

Solana Price Analysis and Technical Setup
According to CryptoPulse, Solana is approaching a “textbook continuation play” around the $133 support zone. The tweet explains that price has historically respected this level, with buyers stepping in aggressively whenever it was tested.

$SOL setting up for a textbook play

Structure is tightening and the chart is lining up with a key support zone at 133 dollars. That level has been respected before, and with SOL stacking real partnerships plus strong ecosystem growth, this setup has weight behind it.

Here is… pic.twitter.com/5ncEyigbGE

— CryptoPulse (@CryptoPulse_CRU) November 29, 2025

CryptoPulse suggests that traders wait for the price to approach $133 and observe early buyer activity before building positions. This perspective frames $133 as an area of active demand rather than a static line, highlighting a controlled pullback rather than weakness.

The daily chart shows SOL trading below the 20-day EMA, indicating a short-term downtrend. Candles between $135–$140 reflect reduced selling pressure, matching CryptoPulse’s view that the market is in a compression phase. 

Momentum, measured by RSI near 40, shows a bearish but flattening trend, supporting the idea that the market may stabilize before moving higher.

ETF Withdrawal Introduces New Developments for Solana Investors
A new regulatory update entered the discussion after CoinShares withdrew its filing for a staked Solana ETF, according to an SEC filing.

The firm stated that the transaction required for the fund never occurred, and therefore, no shares were or will be issued under the proposal. This development arrives during increased attention on staked Solana products in the United States.

Other providers continue to operate similar offerings. REX-Osprey launched the first staked Solana ETF in June, and Bitwise followed in October.

Bitwise’s product opened with substantial early demand, reaching nearly $223 million in assets on its first trading day. The difference in approaches reflects the varied strategies among issuers navigating the evolving regulatory landscape.

Despite the withdrawal, market observers remain focused on Solana’s broader ecosystem activity. 

CryptoPulse also emphasized the network’s ongoing partnerships and expanding liquidity base. These elements form part of the backdrop against which traders evaluate SOL’s technical structure and potential reactions at established support levels. 

Sat, 29/11/2025 - 17:48

The biggest altcoins are struggling with market apathy today, meme coins DOGE, SHIB are hit the worst.

Cover image via u.today

The aggregated capitalization of the cryptocurrency market is down by 1.6% in the last 24 hours, but top-tier altcoins Toncoin (TON), Cardano (ADA), Solana (SOL) see the biggest pressure. Major meme coins are also losing billions of their market cap today.

TON, ADA, SOL amid worst performers in top 50In the top 50 cryptocurrencies by market cap, Toncoin (TON), Cardano (ADA) and, in particular, Solana (SOL) are in the deep red today. Solana (SOL) lost 3.8% of its capitalization overnight. With the SOL price dipping to $137, Solana (SOL) is surpassed by USDC as the fifth largest altcoin.

Image by CoinGeckoToncoin (TON), the core native cryptocurrency of the eponymous Telegram-linked blockchain, is down by 2.8%. TON's price has dropped to $1.59, and the asset is now close to losing its place in the top 40 assets by market cap.

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Cardano (ADA), another major cryptocurrency, lost 3.2% of its price. ADA plunged to $0.4189 as its net capitalization hit $15.2 billion.

Aptos (APT), an AltVM blockchain and the "Solana killer," is the worst performer in the top 100. After losing 8.2%, its price plummeted to $2.04 and its capitalization failed to hold above the $1.5 billion level.

Both Bitcoin (BTC) and Ethereum (ETH) look stronger, losing about 2% each. Ethereum (ETH) is struggling to defend the $3,000 level.

Top meme coins SHIB, DOGE bleedingBitcoin (BTC), the biggest cryptocurrency, sits at $90,900. Bitcoin's (BTC) capitalization hit $1.81 trillion after $40 million in long positions were erased.

Major community meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) are also decimated today. Dogecoin (DOGE), the biggest meme crypto, lost 3.8%, DOGE's price plunged below $0.15.

Shiba Inu (SHIB), the second biggest meme coin, lost 4.5%. SHIB's price touched $0.000008503 with its capitalization below $5 billion.

Memecore (M), Sky (SKY) and Quant (QNT) are the only cryptocurrencies in the green zone besides wrapped tokens.

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Published: Nov 29, 2025 at 17:56
Updated: Nov 29, 2025 at 18:03

Litecoin (LTC) has been trading sideways above the $80 support level since October 10.

Litecoin price long-term prediction: ranging

Sellers have attempted three times to push the price below the $80 support, but the bulls have bought the dips. Buyers have twice driven the price above the moving average lines, only to be repelled. Currently, the cryptocurrency price is just above the critical $80 support.

On the downside, Litecoin will fall below $76 if it loses its current support. Subsequently, bearish momentum will likely continue towards the low of $63. The altcoin is trading at $84.18 at the time of writing.

Technical Indicators 

Resistance Levels: $100, $120, $140

Support Levels: $60, $40, $20 

Litecoin indicator analysis

Litecoin is in a horizontal trend. The price bars are below the 21-day and 50-day moving average lines. The price bars are characterised by Doji candlesticks, which delay price movements. On the 4-hour chart, the moving average lines are horizontal, while the price bars move both below and above them.

What is the next move for Litecoin?

Litecoin is trading sideways, above the $80 support and below the $88 resistance. On the 4-hour chart, the cryptocurrency price fluctuates below and above the moving averages. The price has stabilised above the $80 support level after dipping below the moving average lines. Price movement has become stagnant since the appearance of Doji candlesticks.

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.

CarMax has seriously lagged the S&P 500 for quite some time, but that doesn't make it a hard pass.

Forget about being stuck in neutral: With CarMax (KMX +1.20%), the key issue is that the stock continues to go in reverse. Over the past 12 months alone, shares in the used car retailer are down roughly 56%.

Worse yet, the stock has performed just as poorly over a multiyear time frame. Various factors are to blame, both industry- and company-specific. The question now, however, is whether this long streak of lackluster returns is a warning sign to stay away, or an opportunity waiting in plain sight.

That is, depending on whether recent developments result in the implementation of an effective turnaround, the stock may just well buck the trend and enter a period of strong price performance.

Image source: Getty Images.

CarMax versus the S&P 500
As seen in the table below, CarMax has delivered horrendous returns, both on an absolute basis, and especially relative to the performance of the S&P 500 stock market index, over the past year, the past three years, and the past five years:

Time FrameCarMax ReturnS&P 500 Return1 year(56%)13%3 years(43.6%)68%5 years(60.5%)86%
Source: YCharts. Data is current as of Nov. 26, 2025.

Admittedly, CarMax's underwhelming underperformance over each of these periods is not surprising. Since the early 2020s, the used car market has experienced many headwinds, including squeezed gross margins and falling demand due to high vehicle prices.

As a result, CarMax's revenue and earnings have dropped sharply. That said, industry-specific issues are just part of the story behind this stock's steep decline. High competition from digital-first competitors like Carvana (CVNA +4.80%) has likely affected fiscal performance as well.

Despite market challenges, Carvana has made a tremendous comeback, going from the brink of bankruptcy in early 2023 to steady profitability by 2024 and 2025, resulting in the stock bouncing back around 100-fold from its lows.

Still, don't hit the brakes just yet
While investing in the S&P 500, or better yet, Carvana shares, would have been a better investment than CarMax in recent years, don't assume this means you should hit the brakes on this stock if you own it or are considering whether to buy it today.

For CarMax shares, the latest round of declines has come following the release of worse-than-expected guidance, plus the unexpected resignation of CEO Bill Nash (announced on Nov. 4 and effective Dec. 1). The company has not yet named Nash's permanent successor. However, prior to Nash's resignation, CarMax did begin to implement a turnaround, one that included targeted cost savings of $150 million over the next 18 months.

Today's Change

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1.20

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0.46

Current Price

$

38.66

While not certain, if these improvements are coupled with improved demand over the coming calendar year, CarMax could resume reporting improved results. Even if these are slight improvements, and only slowly arrive during 2026 and 2027, shares could rally on improved earnings and valuation expansion. Currently, shares trade at a forward P/E ratio of only 10. Historically, shares have most often traded for between 15 and 20 times earnings.

Don't get me wrong. You may not necessarily want to run out and buy CarMax today. However, in the months ahead, if initial signs emerge that a turnaround is indeed taking shape, you may want to start building up a long-term position in this name. Improved profitability, coupled with valuation expansion, could result in shares entering a period of market-beating returns once again.

UWM’s billionaire CEO is selling stock again—but the real story for long-term investors lies in the numbers powering the business.

Mat Ishbia, President and CEO of UWM Holdings Corporation (UWMC +1.39%), reported the open-market sale of 1.6 million shares of the major wholesale mortgage lender between Wednesday and Friday, according to a SEC Form 4 filing.

Transaction SummaryMetricValueShares sold1,629,785 (indirect)Transaction value$9.4 millionPost-transaction shares3,053,843 (indirect); 279,989 (direct)Post-transaction value (indirect ownership)$17.9 millionThe transaction value is based on the weighted average sale price of $5.74; the post-transaction value is based on the latest market close.

Key QuestionsHow significant was the reduction in direct holdings as a result of this transaction?
The sale represented a disposal of around 35% of Ishbia's indirect ownership, reducing his direct holdings from approximately 4.7 million to 3.1 millin shares. Nevertheless, Ishbia still indirectly owns 1.3 billion derivative securities, which make up the bulk of his holdings.

How does the transaction compare to the insider's historical selling activity?
Ishbia’s late-November sales are consistent with the steady selling pattern he has maintained for months; earlier this fall he regularly sold blocks of roughly 1.1–1.2 million shares, and this month’s 1.6 million-share disposal remains well within that cadence rather than representing an acceleration or a structurally larger reduction in exposure

What is the market context for the transaction’s pricing and timing?
Shares were priced at around $5.74 per share for this transaction, while the market closed at $5.85 on Friday. Over the past year, UWM Holdings Corporation shares declined by 11%, well underperforming the S&P 500's 14% gain in the same period.

Company OverviewMetricValueRevenue (TTM)$1.4 billionNet income (TTM)$16.9 millionDividend yield6.8%1-year price change(11%)Company SnapshotUWM Holdings Corporation is a leading wholesale mortgage lender in the United States, leveraging scale and technology to support independent mortgage brokers nationwide. The company’s strategy centers on high-volume, efficient loan processing and a focus on conforming and government-backed products. It generates revenue primarily from originating, selling, and servicing mortgage loans. UWM’s competitive advantage lies in its exclusive wholesale channel, enabling broad market reach and operational efficiency. In addition to serving independent mortgage brokers, the firm also serves their clients, targeting homebuyers and homeowners seeking mortgage financing solutions.

Foolish TakeIshbia’s latest sale matters less for its size than for what it signals about insider behavior during a pivotal stretch for UWM. The company is posting its strongest operating momentum in years—third-quarter originations hit $41.7 billion, revenue climbed to $843 million, and adjusted EBITDA rose to $211 million, marking one of UWM’s most profitable periods since 2021. Against that backdrop, the CEO sold 1.6 million shares between Wednesday and Friday at prices ranging from $5.60 to $5.85, trimming his indirect stake to about 3.1 million shares. Ishbia owns these shares indirectly through SFS Corp, of which he is the CEO, sole director, and shareholder. The trades were sold pursuant to a trading plan adopted in March.

But the scale needs context: Ishbia still indirectly controls 1.3 billion derivative securities, which continue to represent the overwhelming majority of his economic exposure. The recent sales—about 11.2 million shares this month alone—therefore likely reflect portfolio management rather than a meaningful shift in long-term alignment, especially given that the transactions were made under a trading plan.

For investors, sustained operating progress is the more material signal. UWM’s gain margin expanded to 130 bps, refinance volume accelerated, and liquidity totaled $3 billion at quarter-end. If the wholesale channel continues gaining share and UWM executes on servicing in-house next year, fundamentals—not insider activity—should remain the primary driver of long-run value.

GlossaryInsider trading: Buying or selling a company’s stock by individuals with access to non-public, material information about the company.
Open-market sale: The sale of securities on a public exchange, available to all investors, rather than through private transactions.
SEC Form 4: A required filing disclosing changes in ownership of a company’s securities by insiders, such as executives or directors.
Direct ownership: Shares held in an individual’s own name, as opposed to indirect holdings through trusts or entities.
Outstanding shares: The total number of a company’s shares currently held by all shareholders, including insiders and the public.
Weighted average sale price: The average price per share received in a transaction, weighted by the number of shares sold at each price.
Voting stake: The proportion of voting rights an investor holds in a company, typically based on share ownership.
Economic stake: The financial interest an investor has in a company, reflecting potential gains or losses from ownership.
Wholesale lending channel: A business model where loans are originated through third-party brokers rather than directly to consumers.
Conforming loan: A mortgage that meets the criteria set by government-sponsored entities like Fannie Mae or Freddie Mac.
Government-backed loan: A mortgage insured or guaranteed by a government agency, such as FHA or VA loans.
TTM: The 12-month period ending with the most recent quarterly report.

Expectations are shockingly low for this growth stock.

Most investors focus on either growth stocks or value stocks. But the best investments offer both growth and value. Right now, there's one exciting growth stock trading at a rock-bottom valuation. If you've been looking for chance to buy into the next Tesla (TSLA +0.82%), this could be your best opportunity yet.

This electric car company will catch up to Tesla in 2026
What propelled Tesla from a scrappy upstart to a $1.2 trillion behemoth? There were many catalysts to Tesla's historic rise. But I'd argue that the company's best move over the past two decades was the release of its Model 3 and Model Y vehicles. Today, most of Tesla's revenue still comes from vehicle sales. And most of its vehicle sales come from just two models: the Model 3 and the Model Y. Without those two models, Tesla simply wouldn't be the behemoth it is today.

Why were those two models so pivotal to Tesla's growth? Most car buyers aim to spend less than $50,000 on their next vehicle purchase. Before the launch of the Model Y and Model 3, Tesla only had models priced at $70,000 or above. When equipped with certain options, the price of those models could easily surpass $100,000. By offering vehicles that cost under $50,000, Tesla was able to tap into tens of millions of new potential buyers.

Image source: Rivian.

Why, then, doesn't every EV manufacturer offer vehicles below this price point? The challenge mostly has to do with capital and reputation. To get the economies of scale necessary to produce a car at that price point, a huge amount of infrastructure is needed. It's far easier to start with a smaller volume model with a higher price point.

And mass-market buyers typically want to purchase a vehicle that has known reliability and performance. If there are previous luxury models to draw conclusions from, buyers are more willing to trust a new EV model from a brand they're less familiar with. That's why Tesla started with the Roadster, later expanding to the Model X and Model S, and finally the Model 3 and Model Y.

While far fewer consumers have heard of Rivian (RIVN +4.20%), this EV stock is prepared to replicate Tesla's strategy for success. Right now, the company has just two high-priced luxury models: the R1S and R1T. But thanks to years of infrastructure investment, Rivian is prepping to launch three new affordable models next year: the R2, R3, and R3X. All are expected to be priced under $50,000.

Today's Change

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0.68

Current Price

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16.86

Rivian stock is priced too low compared to its potential
By the end of 2026, there's a good chance that Rivian will have as many affordable models on the market as Tesla. And yet shares trade at a price-to-sales ratio of 3, while Tesla stock trades at more than 15 times sales. Tesla does have some growth opportunities that Rivian doesn't have currently, like robotaxis. But Rivian has also invested heavily in autonomous driving and AI. Ultimately, Rivian shares simply look far undervalued when compared to Tesla's premium valuation.

Next year, analysts expect Rivian to grow sales by around 29%. Tesla is expected to achieve only half that growth. This all makes Rivian a strong contrarian investment for 2026, especially since a recent update from management confirmed that the production schedule for its upcoming models remains on track for early next year.

, /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that an amended securities class action lawsuit has been filed against CarMax, Inc. ("CarMax") (NYSE: KMX) which expands the class period to include those who purchased or otherwise acquired CarMax securities between June 20, 2025, and November 5, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is January 2, 2026.

CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you suffered CarMax losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/carmax-inc?utm_source=PR_Newswire&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. 

DEFENDANTS' ALLEGED MISCONDUCT:
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Defendants recklessly overstated CarMax's growth prospects when, in reality, its earlier growth in the 2026 fiscal year was a temporary benefit from customers buying cars due to speculation regarding tariffs; and (2) as a result, Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Please CLICK HERE to view our video or copy and paste this link into your browser: https://youtu.be/6jH2v28HBaU 

THE LEAD PLAINTIFF PROCESS:
CarMax investors may, no later than January 2, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages CarMax investors who have suffered significant losses to contact the firm directly to acquire more information.

CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/carmax-inc?utm_source=PR_Newswire&mktm=PR 

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected] 

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

SOURCE Kessler Topaz Meltzer & Check, LLP

Nvidia stock has been sliding despite posting solid results, but investors should consider focusing on the bigger picture.

Nvidia (NVDA 1.83%) stock has been on a bumpy ride this year, dropping 30% in the first quarter of 2025 before staging a remarkable recovery over the next few months. And now, the stock is once again in pullback mode.

Shares of Nvidia are down 13% since hitting a 52-week high on Oct. 29. Even a solid set of quarterly results and better-than-expected guidance were not enough to give the stock a boost. Does this point toward difficult times for Nvidia in the coming year? 

Image source: Nvidia

Analysts expect Nvidia stock to jump higher in the coming year
Nvidia carries a 12-month median price target of $225, as per 71 analysts covering the stock. That suggests a potential jump of 25% from current levels. What's more, 92% of the analysts covering Nvidia rate it as a buy.

Clearly, analysts are positive about Nvidia stock's direction in the coming year. However, the recent pullback suggests that investors don't share that sentiment. Worries about a potential artificial intelligence (AI) bubble, the sustainability of the high spending on AI infrastructure, and sky-high valuations among AI-related stocks have all contributed toward a broader pullback in tech stocks.

This explains the slide in shares of Nvidia of late. However, it may not take long for this tech stock to step on the gas once again. That's because Nvidia continues to deliver solid financial performance, and it has enough fuel in the tank to sustain healthy growth levels in the coming year.

As a result, don't be surprised to see the stock actually hitting, or exceeding, the median price target discussed above. Let's see why that's likely to be the case.

Here's how much upside investors can expect from this AI giant
Nvidia is on track to end the ongoing fiscal year 2026 (which will end toward the end of January 2026) with almost $213 billion in revenue. That points toward a 63% jump in its top line from the previous fiscal year. Analysts expect Nvidia's top-line growth to slow down to 47% in the next fiscal year to $313 billion.

However, Nvidia can do better than that. That's because the company's purchase commitments for 2025 and 2026 stand at a whopping $500 billion, driven by the rapidly growing demand for its AI chips. Of that, Nvidia has yet to fulfill $350 billion worth of orders. Even if we assume that Nvidia doesn't receive any more orders (which is unlikely, as it continues to win sovereign business from countries such as Saudi Arabia), it can still achieve a substantial jump in data center revenue.

The data center business accounted for almost 90% of Nvidia's top line last quarter. Assuming a similar proportion is maintained throughout the year, then its fiscal 2026 data center revenue will land at $192 billion (based on the $213 billion revenue estimate). So, if Nvidia manages to convert all of its order backlog into revenue in the next fiscal year, its data center revenue could land somewhere around $290 billion (since the company is expected to fill almost $60 billion worth of orders in the current quarter).

Today's Change

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176.96

Importantly, Nvidia is working toward converting that sizable backlog into revenue. It increased its inventory by 32% in fiscal Q3 from the previous quarter. That was higher than the 22% sequential increase in its quarterly revenue. Even better, Nvidia pointed out that its supply commitments increased at a much stronger pace of 63%.

So, there is a good chance that Nvidia could actually achieve the growth that analysts expect from it next year. However, don't be surprised to see the company's backlog become bigger in 2026 and help it deliver better-than-expected growth. That's because the spending on data center AI infrastructure continues to increase at a robust pace, with Nvidia forecasting a 40% annual growth rate in this market over the next five years.

But even if the company manages to hit the $7.43 per share in earnings that analysts expect in the next fiscal year, its stock price could jump to $238 (based on the tech-laden Nasdaq-100 index's earnings multiple of 32). That points toward a potential jump of 32% in this AI stock. Given that Nvidia can be bought at just 23 times forward earnings right now, investors are getting a good deal on this chip giant, which they should not miss, considering the healthy upside it can clock in the coming year.