Market Signal Briefing

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Stocks are having their best Thanksgiving week since 2012 but as Americans around the country rush to put their turkeys in the oven even more market gains could be heating up.

SummaryBarrick Mining Corporation (B) remains a top gold mining pick, with strong financials, Tier One gold and copper assets, and a robust global project pipeline.
B delivered record Q3 cash flow, is advancing non-core asset divestitures, and maintains a solid balance sheet with improving net cash and dividend policy.
Key catalysts include resolution of Mali disputes, Elliott Management's activist stake, CEO transition, and major projects like Reko Diq and Lumwana expansion advancing.
I rate Barrick a Buy for long-term potential, supported by strong fundamentals, activist involvement, and improved geopolitical outlook, despite ongoing commodity volatility and jurisdiction risks.
adventtr/iStock via Getty Images

Introduction & Financials Barrick Mining Corporation (B) is my largest gold mining position, with excellent financials, several Tier One gold and copper mines and a strong pipeline of projects with a global reach.

Despite the

Analyst’s Disclosure:I/we have a beneficial long position in the shares of B, NEM, BTG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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1 hour ago

Terraform Labs co-founder Do Kwon asked a US court to limit his prison term to five years as he faces a separate case in South Korea.

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Terraform Labs co-founder Do Kwon asked a US judge to cap his prison time at five years for his role in the collapse of the Terra ecosystem, which erased about $40 billion from crypto markets in 2022.

In a court filing on Wednesday, Kwon argued that a longer term would be excessive given the punishment he has already served and the penalties he has agreed to accept, according to Bloomberg.

Kwon pleaded guilty in August to two counts of wire fraud and conspiracy to defraud after being extradited from Montenegro, where he had been detained. His lawyers said he had spent almost three years behind bars, “with more than half that time in brutal conditions in Montenegro,” and that he had already paid a heavy personal and financial price.

Under the plea agreement, US prosecutors agreed not to seek a sentence longer than 12 years. However, the defense called anything beyond five years “far greater than necessary” to achieve justice. Kwon also agreed to forfeit more than $19 million along with several properties as part of the deal.

Kwon to face prison time in South KoreaAfter the US sentencing, Kwon’s legal troubles will not be over. Prosecutors in South Korea are pursuing a separate case tied to the same events and are seeking up to 40 years in prison.

Kwon is scheduled to be sentenced by US District Judge Paul Engelmayer in Manhattan on Dec. 11. Prosecutors are expected to submit their own recommendation in the coming days.

After the 2022 Terra crash, Kwon’s whereabouts were largely unknown until Montenegrin authorities arrested him for using falsified travel documents. He served four months in prison there before US and South Korean officials both petitioned Montenegro for extradition, which was complicated by challenges in the country’s lower courts.

SBF appeals convictionKwon is not the only crypto-related figure who has not gotten off. In 2024, a federal judge sentenced former FTX CEO Sam Bankman-Fried to 25 years in prison. Earlier this month, the case headed back to court as the former CEO challenged his conviction and sentence in a US appeals court, where his lawyers argued that he was denied a fair trial.

The defense said the jury never heard evidence suggesting FTX remained solvent and claims an early narrative that customer funds were stolen shaped the case before Bankman-Fried could properly defend himself.

Magazine: 2026 is the year of pragmatic privacy in crypto — Canton, Zcash and more

Zcash has struggled to recover over the past several days, with broader market uncertainty limiting its upward momentum. Despite this stagnant price action, the privacy-focused altcoin may soon see renewed interest thanks to a major development from Grayscale. 

The asset manager’s latest regulatory filing has positioned Zcash as a potential candidate for one of the next spot crypto ETFs in the US, sparking optimism for a rebound.

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Zcash Traders Should Watch OutMarket indicators show that Zcash has been facing persistent outflows. The Chaikin Money Flow (CMF) on the daily chart has been trending downward, reflecting weak demand from investors. As ZEC’s price failed to make meaningful gains, many holders began exiting positions to avoid deeper losses.

This sustained selling pressure has constrained attempts at recovery.

However, sentiment could shift significantly following Grayscale’s submission of the ZCSH Form S-3. This filing is a key regulatory step toward launching the first Zcash exchange-traded products (ETP), Grayscale stated.

If approved, a spot ZEC ETF would provide institutional-grade access and likely boost demand. Historically, ETF narratives have generated strong inflows, and Zcash could benefit similarly as investors anticipate greater market exposure.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

ZEC CMF. Source: TradingViewSponsored

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On-chain and derivatives data also signal potential upside. Zcash’s liquidation map shows that short traders may be in a vulnerable position. A modest price move toward the next resistance at $600 would trigger an estimated $19.43 million in short liquidations. 

Such conditions create a delicate setup in which even small demand shocks — such as ETF-driven speculation — could generate outsized market reactions. If inflows return and shorts unwind, Zcash may experience a rapid upward surge.

Zcash Liquidation Map. Source: CoinglassZEC Price Needs SupportZEC is currently trading at $543, holding above the $520 support level while struggling to break above $600. This range has constrained the altcoin’s movement as investors wait for clearer signals from both market sentiment and regulatory developments.

If Grayscale’s filing revives investor confidence, ZEC may push toward $600. A successful breakout above that level could liquidate a significant number of short positions and also bring the altcoin closer to the $700 mark.

ZEC Price Analysis. Source: TradingViewHowever, if demand fails to return, Zcash may continue consolidating between $520 and $600. A breakdown below support could send the price toward $442, invalidating the bullish thesis and delaying recovery efforts.

Ethereum (ETH) is attempting to bounce from the market’s Q4 correction, retesting the $3,000 barrier once again. As we approach the end of November, some market observers have suggested that the end-of-year rally may still be possible in the coming weeks.

Ethereum Eyes $3,000 Ahead Of Key Upgrade
On Wednesday, Ethereum experienced a 4.4% daily surge, retesting the $3,000 level for the first time in nearly a week. The cryptocurrency has been trading within the $2,680-$2,980 price range amid the latest market-wide correction, which also saw Bitcoin (BTC) lose some crucial support levels.

At the start of the week, the King of Altcoins broke above the $2,900 area, attempting to retest the next key resistance over the past two days but ultimately failing to reclaim it. Analyst Ted Pillows highlighted this performance, noting that ETH “tapped the $2,950-$3,000 zone again and got rejected.”

Per the post, until Ethereum successfully reclaims this level, “the chances of a new low are high.” On the contrary, if the cryptocurrency breaks above this zone with strong volume in the coming days, investors could “expect a rally towards the $3,400 level.”

The analyst also suggested that the altcoin could see a remarkable recovery rally next week, driven by the upcoming Fusaka upgrade. As he explained, ETH soared around 50% after the network’s Pectra upgrade in May.

As reported by NewsBTC, the upgrade introduced a series of improvements to increase transaction capacity, enhance efficiency, and reduce system stress. Following the implementation, the cryptocurrency rallied from the $1,800 level to the $2,700 area in a week, which was later followed by an 80% jump in Q3 to its latest all-time high (ATH) of $4,946.

Now, the Fusaka upgrade is the network’s biggest update since The Merge and is expected to come on December 3, “to relieve one of the network’s most pressing bottlenecks: data availability for rollups,” VanEck explained in October.

Based on this, Ted Pillows suggested that if ETH repeats its post-Pectra performance with the new upgrade, the altcoin’s price could soar above the $4,000 resistance in the next few weeks.

End-Of-Year Rally Underway?
Market watcher Merlijn The Trader also suggested that Ethereum could see another leg up soon, as it is “repeating a textbook wave structure” it has printed multiple times since hitting the bear market bottom in mid-2022.

“Wave 1: Kicked off the cycle. Wave 2: Is shaking weak hands. wave 3: Where parabolas form,” the trader explained on X, noting that ETH could be ending its corrective move and potentially see another rally in the coming weeks.

“This pattern printed 3 times before. Each time, ETH went vertical. Now it’s flashing again,” he stated. Similarly, Michaël van de Poppe highlighted Ethereum’s trading pair against Bitcoin, affirming that investors should keep an eye on the chart.

Notably, ETH is retesting a multi-month downtrend line resistance against BTC, and could “see a strong breakout upwards in the coming weeks.” “This cycle is far from over,” van de Poppe added.

Meanwhile, Rekt Capital noted that Ethereum Dominance continues to occupy an area that served as a consolidation zone before the 2021 rally. “As long as ETHDOM can maintain itself above 10.05% then it should be positioned for higher market dominance levels over time,” the analyst concluded.

As of this writing, ETH trades at $3,023, a 2% increase in the weekly timeframe.

ETH’s performance on the one-week chart. Source: ETHUSDT on TradingView
Featured Image from Unsplash.com, Chart from TradingView.com

12h05 ▪
4
min read ▪ by
Louis B.

Summarize this article with:

XRP is showing renewed strength as a major 1.48B surge in payment volume aligns with early technical recovery signals. The combination of rising network usage and improving price structure has put XRP back on the radar after a period of steady declines.

In brief

One of the largest network surges in months pushed XRP Ledger activity sharply higher, triggering an $8M increase in market value.
After weeks of steady decline, XRP rebounded from the lower channel boundary and showed clear signs of short-term recovery momentum.
Daily payments between 700K and 1M indicate stable, broad activity rather than isolated whale transfers, a positive structural signal.
A bullish continuation requires breaking the upper channel line and the 20-day EMA. Falling volume could send XRP back to the $2.00–$2.05 zone.

XRP Price Recovery
Since early October, XRP had been moving steadily lower. Sellers were firmly in control, and every attempt at a rebound failed as moving averages continued to slope down, reinforcing the downtrend. Now, however, the latest daily candle breaks this pattern.

XRP printed one of the strongest green candles since the correction began, rebounding sharply from the lower boundary of its descending channel. This shift comes as XRP price now trades around 2.17 USD signalling that immediate selling pressure is easing and buyers are beginning to regain control.

XRP Network Spike Supports Price Recovery
XRP just recorded one of its strongest on-chain activity spikes in months. A sudden 1.48 billion surge in payment volume pushed network usage to its highest level in weeks and coincided almost perfectly with an 8 million USD increase in market capitalization. This was not random volatility.

According to on-chain metrics from the public XRP Ledger, highlighted in U.Today’s analysis, the XRP Ledger recorded a substantial surge in payment volume, a 1.48 billion spike representing one of the largest transactional increases in the past three months. Daily payments also remain elevated, consistently ranging between 700,000 and 1 million, indicating broad and healthy network usage rather than isolated large transfers.

The fact that this surge appears exactly as XRP’s price structure begins to show early signs of recovery is significant. Historically, this combination of improving technicals + expanding network activity has marked meaningful inflection points for XRP.

XRP Outlook: Key Levels Will Define the Next Move
Taken together, these metrics point to a meaningful structural shift. Despite recent price declines, XRP’s network activity is heating up, not cooling down. This significantly improves the short-term outlook. The RSI moving toward neutral territory and the price returning to the mid-channel area both indicate that immediate sell pressure has finally eased.

However, follow-through is essential. A bullish continuation depends on breaking through the upper boundary of the channel and the 20-day EMA. If volume fails to hold and payment activity drops back to baseline, this rebound risks becoming nothing more than a countertrend move. In that case, XRP would likely revisit the 2.00–2.10 USD region before attempting a new push higher. A further boost in sentiment could also come from growing institutional interest, highlighted by the strong debut of the new XRP ETF with 58 million dollars in trading volume.

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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Quick Facts:

➡️ Cardano’s ~6% open interest rise, $0.50 retest target, and ongoing upgrades show leveraged traders aligning with long‑term fundamental growth.
➡️ Network upgrades and scalability changes continue to build the case for Cardano as a long‑term smart contract platform.
➡️ Together, Bitcoin Hyper, Best Wallet Token, and Cardano offer a mix of early‑stage upside, UX infrastructure, and large‑cap smart contract exposure.

Cardano derivatives traders are getting busy again.

Open interest is climbing about 6% as $ADA pushes toward a potential $0.50 retest. This tells you this isn’t just spot buyers’ dollar‑cost averaging, but leveraged money is positioning for a possible continuation move rather than a dead cat bounce.

That matters because derivatives positioning often front‑runs the spot price. When open interest rises alongside price and funding stays healthy, it usually signals bigger players are willing to back the trend with size, not fade it.

With $ADA still trading below its previous cycle highs, that setup naturally attracts ‘crypto value’ hunters.

At the same time, Cardano’s fundamentals aren’t standing still. DeFi TVL, real‑world asset experiments, and enterprise‑focused pilots are slowly turning a once‑theoretical ecosystem into something more revenue‑driven.

Network upgrades like Hydra and upcoming scalability changes continue to build the case for Cardano as a long‑term smart contract platform.

If you’re scanning for the best crypto to buy now, though, it rarely makes sense to bet on a single narrative.

Bitcoin’s scalability gap is opening the door for new Bitcoin Layer 2s, while user‑friendly infrastructure like next‑gen wallets remains underbuilt. That’s where Bitcoin Hyper, Best Wallet Token, and Cardano line up as three very different, but complementary, plays.

1. Bitcoin Hyper ($HYPER): First SVM-Powered Bitcoin Layer-2
Bitcoin Hyper ($HYPER) is the Bitcoin Layer-2 to integrate the Solana Virtual Machine (SVM), aiming to deliver execution that’s even faster than Solana while settling back to Bitcoin. In practice, that means sub‑second smart‑contract performance on an SVM L2 secured by Bitcoin’s battle‑tested base layer.

The architecture is modular: Bitcoin L1 handles settlement and security, while a real‑time SVM Layer 2 manages execution through a single sequencer that regularly anchors state to L1.

Bitcoin Hyper uses a Canonical Bridge to move $BTC in and out. But what does all this mean? Put simply, it changes $BTC from a store of value to a true powerhouse capable of competing with other chains like Ethereum. For a full project outline, check out our ‘What is Bitcoin Hyper’ guide.

For you, the value prop is simple: high‑speed payments in wrapped BTC with low fees, plus DeFi primitives like swaps, lending, staking, and even NFT and gaming dApps via Rust SDKs and APIs.

Smart money is moving. Whales have bought in considerable bulk, with the highest transaction reaching $500K.

The $HYPER presale is already substantial, having raised over $28.5M and offering dynamic staking rewards currently sitting at 40%. Token holders also get governance rights and lower gas fees.

2. Best Wallet Token ($BEST): Everything All in One Place
Best Wallet Token ($BEST) is a pure UX and distribution play. Part of the Best Wallet team that aims to capture 40% of the global crypto wallet market share by the end of 2026, the whole ecosystem wants to be the easiest, safest, and most feature‑rich wallet in the space.

Utilizing Fireblocks MPC‑CMP security to give you peace of mind, Best Wallet brings you one interface to manage multiple chains, portfolios, and strategies without touching raw seed phrases or juggling dozens of apps.

On the growth side, the ‘Upcoming Tokens’ portal is designed as a vetted presale and early‑opportunity hub, with its DEX aggregator, 300 DEXs, and 30 cross‑chain bridges. That positions $BEST as a utility token at the center of swaps, fee discounts, and potential reward structures.

$BEST holders also benefit from reduced transaction fees, higher staking rewards, and a voice in the project’s future through community governance.

The numbers already show traction. The presale has raised over $17.6M, with tokens currently at $0.026005. You’ll have to get in quick, though, as the presale ends in a little over a day. Want in? Check out our ‘How to Buy Best Wallet Token’ guide.

If you’re bullish on wallets as the main onboarding layer for the next wave of users, Best Wallet offers direct exposure to that thesis.

3. Cardano ($ADA): Rising Open Interest Meets Real Network Upgrades
Cardano ($ADA) sits in a very different bucket: a large-cap, research-driven proof-of-stake chain where derivative metrics are now aligning with multi-year fundamentals.

With open interest climbing around 6% and $ADA eyeing a possible $0.50 retest, leveraged traders clearly expect more than a short squeeze or relief rally.

On the technical side, Cardano’s roadmap continues to shift from theory to implementation. The Plomin Hard Fork is set to deepen on‑chain governance, making protocol upgrades more decentralized and systematic.

Scalability efforts like Hydra and Leios target higher throughput and lower fees, giving dApps more headroom as usage grows without sacrificing security.

Cardano’s team and ecosystem have also invested heavily in enterprise and real‑world adoption. From identity and supply‑chain pilots to partnerships in emerging markets, the chain is positioning itself as a compliant‑friendly infrastructure.

Recognition is following. $ADA’s mention in the newly announced U.S. Crypto Strategic Reserve in March 2025 gave it a notable legitimacy boost, especially for conservative allocators.

Recap: Cardano’s 6% open interest jump and potential $0.50 retest highlight how derivatives and fundamentals can align, but infrastructure is where the next leg of value may emerge. Bitcoin Hyper, Best Wallet Token, and Cardano each target different pain points.

Remember, this is not intended as financial advice, and you should always do your own research before making any investments.

Authored by Ben Wallis, Bitcoinist – https://bitcoinist.com/best-crypto-to-buy-bitcoin-hyper-best-wallet-cardano/

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Key NotesCoinMarketCap data shows that Bitcoin price has recovered to hit $91,000.JPMorgan analysts predicted a 25-basis-point rate cut in December.10X Research's analysts believe that BTC price is more influenced by Fed communication than the rate changes themselves.
Bitcoin

BTC
$91 590

24h volatility:
5.4%

Market cap:
$1.83 T

Vol. 24h:
$77.24 B

price has topped $91,000, suggesting a gradual crypto market rebound after an intense series of declines. At the same time, analysts are still concerned that the rally may be short-lived. Their speculations find support in whales’ attitude towards BTC holdings, as these entities are reducing their exposure to the coin.

Traders Expect 25-bps Rate Cut from Fed
According to CoinMarketCap data, Bitcoin is currently trading at $91,404.10 following a 4.51% surge over the last 24 hours.

Despite this rebound, the coin is roughly 20% down over the last 30 days. The flagship cryptocurrency had initially fallen to $81,000 on Nov. 21, making $91,000 a significant recovery level. The market is clearly showing renewed interest, but is still a distance away from BTC’s All-time High (ATH) around $126,000.

It is worth noting that the latest surge in the coin’s value comes as expectations build for a Fed rate cut by December 2025. Analysts from JPMorgan earlier predicted that the interest rate cut could happen in the upcoming FOMC meeting.

This expectation of a 25-basis-point rate cut, per JPMorgan prediction, is a result of the pivot in sentiment from policymakers.

While there is no assurance of the cut, it is worth noting that several US officials have been calling for it to be implemented. On Nov. 24, Federal Reserve Governor Chris Waller noted that his vote would be in favor of a December cut. He added that private hiring data suggests a weakening in the labor market, more quickly than expected,

Fed Communication Impacts Bitcoin Performance
Almost immediately, Boston Fed President Susan Collins opposed his view, stating that inflation is of greater concern than labor weakness. Officials at the central bank are still talking about this matter. Also, 10X Research’s analysts believe that the rate cut itself may not be the catalyst that prices need to push higher.

In their opinion, Fed Chair Jerome Powell’s messaging is more significant than the mechanical act of cutting rates. 10X Research also pointed out Bitcoin’s strong dependence on Fed communication, rather than the rate adjustments themselves. Hence, their reason for stating that a rate cut in December might not prove bullish for Bitcoin’s price.

There is the risk of an increase in sharper market selloff should the Fed decide not to cut rates. Meanwhile, Coinbase has recorded a massive influx of USDC as Bitcoin climbs to $91,000, which is a sign of improved liquidity for a further price push.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cryptocurrency News, News

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

Godfrey Benjamin on X

Cover image via www.freepik.com

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 crypto market goes into Thursday with a much more confident setup after several weeks of mess. A few names are trying to rebuild some presence before December liquidity decides the tone. Meme coins finally look alive, and SHIB is leading them, Bitcoin eyes new strange activity from Elon Musk’s side and one of the newest dollar tokens by Ripple crosses another serious checkpoint in the Middle East.

Key pointsSHIB prints its first proper weekly rebound in over a month.SpaceX shifts Bitcoin worth $105 million.Ripple’s RLUSD gets ADGM approval and strengthens its billion-dollar status.Shiba Inu (SHIB) price prepares late-2025 surpriseSince the start of the week, popular meme cryptocurrency Shiba Inu (SHIB) has gained 9.55%, according to TradingView, setting up what might become its first green weekly candle in more than a month. Meme assets have been declared "dead" for most of Q4, so even a moderate bounce gets attention.

Market relief clearly helped SHIB, but the token has been under pressure for weeks and only now sees a clean window for a reset. The usual question comes back every time SHIB shows signs of life: is it too late to buy? 

HOT Stories

Source: TradingViewOn the weekly Bollinger setup, the midband sits 39% above its current price, and the upper band is 85% higher. These levels match the known markers at $0.00001169 and $0.00001561. SHIB is still well below both, meaning the chart leaves more than enough upside if buyers stay on the field.

The Shiba Inu price chart still points far above current pricing, and if December brings the classic liquidity burst, SHIB will become one of the names that can push harder than others.

But the other side of the story remains in play too — meme rallies often turn into traps if the market loses pace. Still, this week is the first real signal that SHIB may try to build something into December instead of staying silent behind the mega-caps.

Elon Musk's SpaceX back to BitcoinThis week delivered another batch of Bitcoin transfers linked to SpaceX. The company moved 1,163 BTC worth around $105.23 million to fresh addresses. The inputs included multiple SpaceX-tagged chunks (399.999 BTC, 299 BTC, plus small attached pieces). 

The output side spread the coins across several wallets, one of which appears tied to Coinbase Prime.

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This lines up with the activity seen since autumn. SpaceX restarted BTC transfers earlier in the season, shuffling coins between internal wallets and what Arkham labels Coinbase Prime Custody. SpaceX’s treasury now sits at 6,095 BTC worth about $558 million.

Source: ArkhamWhether this means selling is unclear. If these receiving addresses truly sit under Coinbase Prime, the chance of some dumping naturally rises because BTC entering custodial venues can end up on the market. But there is no confirmation yet, and these movements can still be internal reshuffling with no direct intent of selling.

$1 billion Ripple stablecoin bags major UAE dealRipple is locked in a major regulatory move in the Persian Gulf. Abu Dhabi’s ADGM approved RLUSD for use by licensed institutional players, giving the stablecoin a clean path inside one of the region’s most important financial hubs. It is a direct boost to Ripple’s presence in the Middle East.

At the same time, on-chain data shows fresh RLUSD minting. Ripple added another 10 million RLUSD on the XRP Ledger, pushing the supply higher. CoinGecko’s data pegs RLUSD’s market cap around $1.25-$1.26 billion, keeping it firmly in the billion-dollar bracket.

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With a market cap in the $1.25 billion zone, Ripple USD now sits near the top of the third tier of dollar-pegged stablecoins, above long-running names like TUSD, GUSD and USDD, holding rank 84 overall and stands as the 12th-largest USD stablecoin globally.

The stablecoin sector remains extremely top-heavy, with USDT and USDC controlling around $260 billion combined. The second tier — USDS, USDe, DAI, PYUSD — runs in the multibillion range. RLUSD is not in that cluster yet, but it is now the strongest name outside it and is rising faster than many thought in late summer.

Crypto market outlookBitcoin trades around the low-$90,000s after last week’s cleanup, holding above the zone that absorbed the sell-off, and the market remains calmer than earlier this month. 

Levels to watch:
• Bitcoin (BTC): $88,000 support, $96,000-$100,000 resistance.
• XRP: $2.19 with room to retest $2.50 if flows improve.
• Shiba Inu (SHIB): $0.00000859 with the Bollinger Bands pointing far higher.

The market now shifts toward December expectations, liquidity flow and whether the final month of 2025 delivers the "Santa rally" finish traders keep forecasting.

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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.

Ripple USD stablecoin (RLUSD) is gaining traction in the traditional finance space as the token has achieved a major regulatory milestone in the Middle East. As per a post shared by Ripple’s Managing Director, Middle East & Africa, Reece Merrick, RLUSD has been approved as "lending collateral."

What Ripple’s regulatory breakthrough at ADGM meansThis approval marks a groundbreaking moment for Ripple. This is because banks, financial institutions and market participants can now use the Ripple USD stablecoin as a trusted asset when borrowing or lending within that financial region.

Notably, RLUSD was approved as lending collateral on the Abu Dhabi Global Market (ADGM). This means that the USD-pegged asset is now an accepted fiat-referenced token that can be used as collateral on regulated platforms within the ADGM financial free zone.

It signals increasing institutional acceptance of Ripple’s stablecoin despite its relative novelty in the cryptocurrency space. This approval of RLUSD in the Middle East could contribute to increased utility, given the region’s growing economic activity on the broader financial market.

Another milestone for @Ripple here in the Middle East: $RLUSD is now approved for use as lending collateral within @ADGlobalMarket

This year has seen some awesome momentum for Ripple in the Middle East.

Can’t wait to keep building on these solid foundations as we head into…

— Reece Merrick (@reece_merrick) November 27, 2025 The development could help unlock billions in lending activity for the Ripple USD stablecoin, which might serve as a catalyst for growing its market capitalization. Ripple’s RLUSD recently flipped the billion-dollar millstone after its market cap exceeded $1.2 billion.

It clearly strengthens Ripple’s presence in the Middle East, even as it makes expansionary moves into the UAE and Africa. Ripple is strategically positioning itself for real-world utility in these regions, which includes payments to other financial services.

Ripple and competitive positioningMeanwhile, to boost its reach, Ripple USD, in September 2025, was listed on the Bybit exchange. The move allows Bybit’s over 60 million users to trade RLUSD against USDT. It adds to the list of exchanges that have embraced RLUSD since its debut in the stablecoin market.

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This adoption helps contribute to the growth of Ripple USD in the crypto space and could leapfrog it in the rankings in terms of market capitalization.

Interestingly, at the launch of Ripple USD, CEO Brad Garlinghouse assured that it would not just be another stablecoin. According to Garlinghouse, RLUSD will compete favorably with other industry giants like Tether (USDT) and Circle (USDC) for market share.

The move into the Middle East and Africa appears to be part of the strategy to capture a good portion of the market share.

Bitcoin and ether surged following Wednesday's tech-led equities rebound, while derivatives flows signal growing optimism for a year-end push.

Ethereum increased its block gas limit to 60 million after securing majority validator support days before the Fusaka upgrade.

What to Know:

Strategy’s new ‘Bitcoin Rating’ shows its $BTC stack covers convertible debt by about 5.9x at its average entry and would stay near 2x even in a deep crash, underlining how levered it is to long-term $BTC upside.
Despite that cushion, institutions are bailing on the stock and moving into spot Bitcoin ETFs instead, leaving Strategy out of the S&P 500 and trading below the value of its own $BTC holdings.
Bitcoin Hyper’s presale is building an SVM-based Bitcoin Layer 2 with near-instant, low-fee smart contracts and DeFi that settles back to Bitcoin, giving $BTC holders a scaling and yield angle instead of just spot exposure.
PEPENODE’s presale pushes a mine-to-earn meme model where you buy virtual nodes, build a digital mining rig, and earn $PEPENODE plus other meme coins, with node upgrades and token burns tying demand to in-game activity.

Corporate Bitcoin strategy hits differently when it’s backed by hard numbers instead of doompost threads.

A 5.9x asset‑to‑debt ratio at the average $BTC cost basis, and even 2x coverage if Bitcoin nukes to $25K, is exactly the kind of balance‑sheet resilience big money cares about.

When the top asset on corporate books still comfortably covers obligations after a deep crash, the signal isn’t ‘risk off’ – it’s that Bitcoin has matured into collateral that institutions actually trust.

That trust doesn’t just sit in cold wallets; it becomes the backdrop for the next wave of risk‑on bets.

Historically, when the market accepts Bitcoin as sound collateral, the next move is usually into high‑beta plays that can ride the same long‑term conviction with far larger upside.

That’s where presales, aggressive Layer 2s, and high‑throughput chains tend to explode, turning $BTC strength into altcoin momentum.

Below are three projects positioned to benefit from this environment – led by Bitcoin Hyper ($HYPER), a Bitcoin Layer 2 trying to do for $BTC what high‑performance chains did for DeFi elsewhere, alongside Solana‑style execution and Tron’s stablecoin machine.

1. Bitcoin Hyper ($HYPER): SVM Speed On A Bitcoin Layer 2
Bitcoin Hyper pitches itself as ‘the fastest Bitcoin Layer 2 Chain’ with integrated Solana Virtual Machine (SVM), aiming to deliver faster performance than Solana itself while anchoring to Bitcoin for settlement.

The idea is simple: keep Bitcoin as the base layer of trust, outsource speed and programmability to a purpose‑built Layer 2.

Under the hood, Bitcoin Hyper uses a modular design: Bitcoin L1 for settlement and a real‑time SVM Layer 2 for high‑throughput execution.

A single trusted sequencer batches transactions and periodically anchors state back to Bitcoin, enabling sub‑second confirmation at low cost instead of waiting for slow on‑chain $BTC finality and paying full L1 fees.

This architecture attacks Bitcoin’s three core limitations at once: slow transactions, high fees, and lack of native smart contracts.

On Bitcoin Hyper, you get extremely low‑latency processing, SVM‑based smart contracts, and SPL‑compatible tokens adapted for the L2.

That opens the door to wrapped $BTC payments, AMMs, lending markets, staking protocols, NFTs, and gaming dApps built in Rust with SDKs and APIs developers already know.

The presale has raised $28.58M, with tokens at $0.013335, and staking is set at 40%, so there are long-term gains to be made alongside price appreciation.

Join the $HYPER presale today.

2. PEPENODE ($PEPENODE): Mine-To-Earn Meme With Node Economics
If Bitcoin Hyper is the infrastructure bet, PEPENODE ($PEPENODE) is the speculative meme play wrapped in a pseudo‑mining economy.

Branded as the world’s first mine-to-earn memecoin, it swaps hash rate and ASICs for a virtual mining system where users deploy ‘nodes’ through a gamified dashboard to earn token emissions.

Instead of proof‑of‑work, PEPENODE uses tiered node rewards to simulate miner economics. Higher‑tier nodes are designed to capture larger slices of emissions, encouraging early participation and laddering up through the system.

Eventually, you’ll be able to receive rewards on popular meme coins like Fartcoin and Pepe.

It’s a familiar pattern from DeFi node projects, but re‑skinned for meme traders who want something more interactive than simply buying and waiting.

Despite the playful branding, there’s real capital flowing in. The PEPENODE presale has raised $2.2M with tokens at $0.0011685, putting it firmly in micro‑cap territory where order‑book depth will matter but upside can be violent if the narrative catches a bid.

Our PEPENODE price prediction puts a potential 2026 price at $0.0071, which is a 508% increase from the current price.

Staking isn’t specified yet, so yield for now is focused on the virtual mining mechanics and node tiers.

In a market where Bitcoin is proving itself as a durable treasury asset, memes like PEPENODE sit at the opposite end of the risk curve: pure beta with a gamified wrapper.

If you’re looking for exposure that can move multiples faster than $BTC on narrative alone, the mine‑to‑earn angle aims directly at that demand.

Join the PEPENODE presale now.

3. Tron (TRX): Stablecoin Workhorse With Massive USDT Flows
Tron (TRX) remains one of the purest expressions of ‘blockchain as payments rail’ in the market.

It’s a high‑throughput network designed for fast, low‑cost transactions and dApp deployment, but its real edge today is stablecoins: Tron has become a major hub for $USDT transfers across exchanges and payment platforms.

With high TPS and tiny fees, Tron quietly turned into the default settlement layer for a big chunk of crypto’s dollar liquidity.

Recently, it even surpassed Ethereum in total circulating $USDT, reaching about $73.8B, underscoring how much real transactional flow now prefers Tron’s cost structure over more expensive chains for day‑to‑day movement.

Source: Cryptoquant
That stablecoin gravity feeds into a growing DeFi and cross‑chain ecosystem, where users can tap lending, swaps, and yield strategies without abandoning the payment rails they already use.

In a market where Bitcoin is the collateral anchor, Tron offers exposure to the transactional layer of crypto dollars.

And the token is showing signs of recovery from the recent market dump, with a 1% increase in the last day.

You can get Tron from Binance.

Recap: When corporate treasuries show Bitcoin reserves still comfortably covering debt even in a deep crash, it sets the stage for high‑beta plays. Bitcoin Hyper ($HYPER) and PEPENODE ($PEPENODE) stand out as the most direct bets in the current market.

This content is for educational and informational purposes only and does not constitute financial, investment, or trading advice.

Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/next-crypto-to-explode-strategy-proves-bitcoin-reserve-covers-debts

TL;DR

An on-chain transfer moved 110,193,345 XRP valued at $224 million into a BitGo institutional custody address, according to Whale Alert.
The origin was later mapped to BTC Markets, confirming a regulated exchange connection.
The move did not touch any trading route or exchange, increasing the likelihood of institutional accumulation or long-term storage instead of speculative activity.

A major transaction of 110,193,345 XRP worth $224 million has intensified speculation about large-scale accumulation. The transfer surfaced with no advance trading signals and reached the blockchain in a single path, pointing to a custody-driven action instead of a market play. Blockchain data identified a wallet tied to BTC Markets sending funds directly to BitGo, a key provider for regulated financial entities that require secure storage.

Large XRP Transfer Draws Attention
During the transfer, XRP traded steadily around $2.20, showing limited volatility and no abnormal liquidity inflow or sell pressure. The funds did not land on an exchange, were not split into multiple wallets, and showed no liquidation behavior. Analysts highlight that such clean, single-route movements are generally associated with professional asset handling and planned internal audits. The timing aligns with the expansion of institutional custody infrastructure, particularly among entities experimenting with payment-focused tokens like XRP for high-frequency settlement models.

BitGo Custody Fuels Institutional Speculation
BitGo manages wallets for asset managers, crypto exchanges, banks, and liquidity providers, making it a common destination for large corporate holdings. Transfers of this magnitude often coincide with treasury storage, strategic accumulation, or settlement service preparations. Past cases show similar XRP movements later linked to long-term institutional positions instead of short-term trading. Some market trackers have noted an increase in large XRP deposits into BitGo over recent months, suggesting an emerging trend of structured accumulation by professional entities.

Ripple’s continued presence in cross-border settlement keeps XRP positioned as a liquidity tool for global transactions, and regulated custodians remain essential for firms handling high-value crypto portfolios.  

Market Impact and Forward Outlook
The relocation had no immediate price reaction or liquidity impact, supporting the interpretation of long-term storage over active market use. With market activity quieter than earlier in the season, a $224 million XRP migration becomes particularly relevant. If this reflects accumulation, the assets may remain locked for extended periods. Even if it represents internal restructuring, it ranks among the largest XRP transfers of the quarter, reinforcing the trend toward professionalized management of high-value token reserves through regulated custodial services.

The recent war of words between S&P Global and Tether isn’t just corporate drama. It is the sound of tectonic plates shifting in the global financial landscape.

When S&P downgraded Tether (USDT) to a "weak" rating—effectively junk status—Tether CEO Paolo Ardoino didn’t issue a polite corporate retraction. He fired back, stating, "We wear your loathing with pride."

to S&P regarding your Tether rating:

We wear your loathing with pride.

The classical rating models built for legacy financial institutions, historically led private and institutional investors to invest their wealth into companies that despite being attributed investment grade…

— Paolo Ardoino 🤖 (@paoloardoino) November 26, 2025 At TOKENPOST, we viewed this exchange not as a simple dispute over collateral, but as a fundamental clash between "Old Money" gatekeepers and the emerging "New Money" reality.

S&P applied traditional banking metrics to a digital asset behemoth, flagging Bitcoin holdings in reserves as a primary risk. By analog standards, perhaps. But viewing digital financial innovation solely through an outdated lens misses the bigger picture.

Consider the reality of Tether today:

A market cap exceeding $180 billion. US Treasury holdings that rival sovereign nations. Unprecedented operational efficiency and profitability per employee compared to legacy banks. A vital financial lifeline for millions in high-inflation economies where local currency has failed. We must recall that these legacy rating agencies are the same institutions that stamped "AAA" on toxic financial products in 2008, blinding the market to systemic risk. Their complex models failed then; why should we assume their models for an entirely new asset class are infallible now?

Ardoino’s defiance stems from confidence. It is the confidence that the financial paradigm is shifting irreversibly. When legacy institutions label innovation as heretical simply because it doesn't fit their historical models, they risk becoming the "emperors with no clothes"—clinging to fading authority while the world moves on.

Tether certainly faces challenges in transparency and regulation that it must address. But the core issue here is clear: You cannot measure the future with yardsticks from the past.

The question isn't if digital finance will overtake traditional systems, but when. Legacy finance needs to adapt to this new reality, rather than trying to regulate it out of existence through outdated ratings.

What are your thoughts? Is traditional finance underestimating the resilience of stablecoins like Tether, or are the risk warnings valid?

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

Tether has reportedly confirmed its intention to cease its operations based in Uruguay.

According to local media, Tether has informed Uruguay’s Ministry of Labor and Social Security during a meeting held at the headquarters of the National Directorate of Labor. Simultaneously, the USDT issuer has reportedly laid off 30 of its 38-member team, leaving only a skeleton crew behind.

Summary

Tether informed Uruguay’s Ministry of Labor that it will cease local operations.
The company has laid off 30 members of staff.
Uruguay’s high power tariffs reportedly made Tether’s bitcoin mining operations unsustainable.

Why is Tether ceasing operations in Uruguay?
Tether’s decision to pull the plug on its Uruguay operations stems mainly from the country’s high electricity costs, which have made the company’s energy-intensive Bitcoin mining business unsustainable.

Uruguay’s electricity tariffs for commercial and industrial users can range between $60 and $180 per megawatt-hour, depending on time and location, and the country does not offer the kind of competitive pricing frameworks needed to support large-scale mining. This has significantly undermined the economic feasibility of Tether’s operations in the region.

After it announced its plans to enter Uruguay back in 2023, the company projected investments of up to $500 million to sustain operations and support the construction of three data processing centers and a renewable energy park with 300 megawatts of capacity.

Of that total, more than $100 million was already spent, and another $50 million was set aside for infrastructure that would eventually be handed over to UTE and the National Interconnected System.

However, problems with energy costs began almost immediately after the launch, and by November of that year, Tether initiated negotiations with UTE, the country’s state-owned power provider, regarding more competitive rates. Tether even suggested migrating to higher-voltage tariff bands and revising the energy purchase contract to reduce costs, but the proposals were ultimately rejected.

Tether had also issued a formal warning to the agency, stating that predictable and competitive tariffs were essential for projects of this magnitude and that it would be forced to rethink its strategy in the country if no agreement was reached.

Subsequently, in June this year, Tether’s local partner reportedly began defaulting on payments, and the following month, UTE cut power supply to two Tether-related facilities after the company’s total outstanding debt reached roughly $5 million.

Back in September, some local media outlets reported that Tether had begun winding down its Uruguay operations, but at the time, Tether denied any such withdrawal and insisted it was still evaluating its plans in the region.

Tether continues expansion plans
Throughout 2025, Tether has continued expanding its global footprint through acquisitions, strategic partnerships, and infrastructure investments in more favorable jurisdictions.

The company relocated its headquarters to El Salvador earlier this year due to the country’s pro-Bitcoin policies and crypto-friendly regulations. Subsequently, it signed a memorandum of understanding with Adecoagro to power a renewable energy-driven Bitcoin mining initiative in Brazil.

More recently, it also acquired the Latin America-based digital asset custody platform Parfin, a move aimed at deepening its institutional presence in the region and bridging traditional finance with blockchain infrastructure.

Monad (MON) is barely 72 hours old on exchanges. From its opening price on November 24, the Monad price climbed about 71% before giving back roughly 13%. Over the past 24 hours, it has been up only about 2% and trades near $0.042.

For a new token, this early slowdown can be either healthy digestion or the first sign of a deeper volume fade. The 4-hour chart is the best way to judge that because early listings react fastest on this timeframe.

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Volume Signals Look Tired On The 4-Hour ChartOn the 4-hour chart, Monad has slipped under its Volume Weighted Average Price (VWAP). VWAP is the average price traders paid when you factor in volume, so trading significantly below it shows buyers are losing early control.

The pressure increases when you look at On-Balance Volume (OBV). OBV is now moving toward a descending trendline built from a series of lower lows. That pattern signals that every small bounce is backed by weaker volume than the one before it, and one more slip can create a fresh lower low that usually triggers a fast volume breakdown on new listings.

MONAD Price Support: TradingViewWant more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Together, VWAP and OBV point to the same message. Price sitting under VWAP shows weak spot strength, and OBV pressing against a lower-low trendline shows fading demand. For a token only three days old, this combination is one of the clearest early warnings that momentum is cooling. It also explains why Monad has barely moved in the past 24 hours despite the early hype.

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Whale Buying Offers Support — But Will It Be Enough?Whale activity is the one factor still keeping the chart alive. Since prices have stabilized after the first burst of volatility, spot flows matter more now.

Over the past 24 hours:

Mega whales increased their holdings by 10.67%, pushing their stash to 176.44 million MON. They added about 17.08 million MON, worth roughly $717,000 at the current price.
Normal whales increased their stash by 9.51%, reaching 55.42 million MON. They added about 4.80 million MON, worth roughly $202,000.
Whale Buying Intensifies: NansenSponsored

Total whale accumulation is about 21.88 million MON added, roughly $919,000 in fresh spot buying, while the price slowed. A decent sum for a new listing.

This kind of pickup (if it continues) can help OBV avoid breaking below its descending trendline. If whale volume shows up at the right time, OBV can bounce and lift the price back above VWAP. That is the only path that keeps the early uptrend alive.

Key Monad Price Levels Now Decide The Next MoveIf whales can pull OBV up and push the MON price above VWAP, the path becomes clear:

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First target: $0.049
Next levels: $0.053 and $0.056
This is the upside path inside early price discovery. But if $0.042 fails:

Next support: $0.040
If that breaks: $0.031, which would reset most of the early listing gains
Monad Price Analysis: TradingViewFor now, the message stays simple. Volume indicators look tired, but whales are buying the pause. Monad’s next move depends on which happens first: a clean OBV breakdown, or whale demand lifting the price back over VWAP and toward $0.049.

TLDR

Franklin Templeton filed SEC Form 8-A for a potential Solana ETF, offering regulated exposure to SOL without direct crypto purchases
Solana trades at $136.37 with RSI at 39.69, indicating selling pressure may be easing near oversold territory
Strong resistance exists at $142 where approximately 13 million SOL tokens were accumulated based on on-chain data
A breakout above $142 could trigger a rally toward $188, while rejection may push price back to $128 support
Technical analysts identify descending trendline resistance with higher-timeframe targets reaching $180 to $480 in Wyckoff reaccumulation scenario

Solana currently trades at $136.37 after gaining 1.23% in the past 24 hours. The price movement comes as Franklin Templeton, a $1.67 trillion investment firm, filed Form 8-A with the Securities and Exchange Commission for a potential Solana exchange-traded fund.

Solana Price on CoinGecko
The filing represents an effort to provide regulated exposure to Solana without requiring direct cryptocurrency purchases. This development reflects growing institutional interest in the smart-contract blockchain platform.

Crypto analyst Curb.sol first reported the regulatory filing. The proposed ETF could increase liquidity and market recognition for Solana if approved by the SEC. Franklin Templeton positions itself at the forefront of cryptocurrency investment products with this move.

The weekly price chart shows Solana reached peak levels between $200 and $250 in late 2024 and mid-2025. The token has since dropped to test the lower Bollinger Band at $128.60. The current price sits below the mid-level Bollinger Band at $188.80, indicating a downward weekly trend.

Technical Indicators Point to Potential Consolidation
The Relative Strength Index stands at 39.69, below the neutral 50 level. This reading suggests the asset approaches oversold conditions and selling momentum may slow. Short-term consolidation or a minor pullback could occur, though the dominant trend remains bearish while price stays beneath the mid-Bollinger Band.

Traders are watching two key levels. Support exists at $128, while resistance appears at the $188.80 mid-band level. A break in either direction could determine the next major price movement.

On-Chain Data Reveals Supply Wall at $142
Crypto analyst Ali identified strong resistance at $142 through on-chain analysis. Approximately 13 million SOL tokens accumulated at this price level in the past. This concentration creates a supply wall that could prevent upward movement.

The $142 level represents a critical point between bulls and bears. A firm rejection at this price could cause a pullback to lower support levels. However, a clean break above $142 could open the path toward further gains.

Large token accumulations like this typically influence short-term price action. Cost basis heatmaps confirm dense supply sitting just above current prices. This cluster increases the likelihood of profit-taking each time Solana approaches the zone.

Another analyst, Gordon, highlighted a descending trendline controlling Solana’s short-term movements. The price structure shows consistent higher lows forming on shorter timeframes. This pattern suggests pressure building against the resistance line.

A decisive close above the diagonal barrier could push Solana toward the $145 to $148 region. DevKhabib noted that recent rejection at $141 indicates buyers lack strength for a clean breakout. The market may revisit the $127 support area before any sustained move higher.

Trader Tardigrade presented a macro view suggesting Solana undergoes a Wyckoff-style reaccumulation phase. The analysis outlines a multi-phase structure with initial breakout targets around $165 to $180. Full completion of the pattern projects long-term upside between $360 and $480.

XRP ETFs absorbed 80 million tokens worth $130 million on November 24 launch day.
Grayscale’s GXRP and Franklin Templeton’s XRPZ led inflows with strong debut performance.

Recently​‍​‌‍​‍‌​‍​‌‍​‍‌ introduced XRP exchange-traded funds have attracted a substantial investor interest, thereby, in their initial trading, they have taken in around 80 million tokens valued at $130 million. The total assets under management were extended to $778 million by the robust demand from the institutional side; thus, the performance of the recent crypto ETF issuance has been surpassed, while XRP is retesting the key resistance level of ​‍​‌‍​‍‌​‍​‌‍​‍‌$2.20.

Strong Debut Signals Growing Institutional Interest
The​‍​‌‍​‍‌​‍​‌‍​‍‌ quick buildup on the occasion of the November 24 launch was a major factor in the performance of the debut of Grayscale XRP versus the other cryptocurrency ETFs. Grayscale’s GXRP product led the way with a whopping $67.4 million in fresh capital. On the other hand, Franklin Templeton’s XRPZ managed to attract $62.6 million from investors who were looking for a regulated exposure to the digital asset.

Moreover, these inflows took place against the backdrop of market headwinds, such as the outflow of Bitcoin-focused investment products during the same time, as per the industry tracking data from XRP ​‍​‌‍​‍‌​‍​‌‍​‍‌Insights.

There​‍​‌‍​‍‌​‍​‌‍​‍‌ are four XRP ETFs that are presently available on US exchanges. Canary’s XRPC is the most successful one, having been the earliest launch; it has a total net inflow of $331 million. 

Bitwise’s rival instrument has accumulated $168 million, thus confirming that there is a continuous demand for a few providers that offer similar exposure to the price changes of the token and the blockchain network that is the base. 

The next launch is speculated by market watchers to be around the corner. 21Shares’ TOXR product is said to be scheduled for November 29 after receiving the green light from the ​‍​‌‍​‍‌​‍​‌‍​‍‌SEC.

The​‍​‌‍​‍‌​‍​‌‍​‍‌ XRP token has been a beneficiary of ETF momentum and as a result, it has gone up by 5% in the last week from $1.90 to close resistance at $2.20 per token. 

Chart analysts spot a bullish flag pattern for the shorter timeframe; thus, if buyers are able to keep the pressure at the current level and even go further, the target may be around $2.35 to $2.45. 

On the other hand, the altcoin is still under its 50, 100, and 200-period exponential moving averages which means that the larger trend has not changed to bullish ​‍​‌‍​‍‌​‍​‌‍​‍‌yet.

Not​‍​‌‍​‍‌​‍​‌‍​‍‌ being able to decisively break through the $2.20 resistance level might lead to retracements of the price going back to the support levels between $2.00 and $2.10, where buying seems to have been strong during the previous dips. 

The relative strength index is still above 50, which means that the short-term buying momentum is with the buyers; however, continuous ETF inflows will be the main factor in creating a durable upward price ​‍​‌‍​‍‌​‍​‌‍​‍‌trend.

Highlighted Crypto News Today: 

KuCoin Institutional Partners With Ceffu to Strengthen Custody Ecosystem

Shubham Sahu is a crypto journalist and writer with extensive experience covering blockchain technology, digital currencies, and AI. With over seven years in financial markets, Shubham began his journey in traditional trading before uncovering his passion for the crypto verse. After making his first crypto investment in 2021, Shubham combines practical market experience with deep technical knowledge to provide insightful analysis and commentary.

Paolo Ardoino, the CEO of Tether (CRYPTO: USDT), questioned on Wednesday the methodologies adopted by traditional rating agencies after the S&P downgraded the stablecoin issuer’s stability rating.

Tether CEO Challenges TradFi RatingsArdoino slammed S&P Global Ratings in an X post, saying that the company wears the “loathing” with pride.

Ardoino criticized the “classical rating models,” alleging that they have led investors to put money in companies that eventually collapsed despite receiving investment-grade ratings.

“The traditional finance propaganda machine is growing worried when any company tries to defy the force of gravity of the broken financial system,” the CEO said.

See Also: South Korea’s Stablecoin War Heats Up As Tech Giants Race To Challenge Dollar Dominance

Ardoino Says Tether Is OvercollateralizedArdoino also claimed that Tether is the “first overcapitalized company” in the financial industry and remains “extremely profitable.”

The S&P Global Ratings didn’t immediately return Benzinga’s request for comment.

Why Did S&P Downgrade Tether?Ardoino’s remark comes after S&P downgraded Tether’s ability to maintain its peg with the dollar from “Constrained” to the lowest tier, “Weak,” citing a higher allocation to “high-risk” reserve assets, including Bitcoin (CRYPTO: BTC) and Gold.

The rating agency noted that Bitcoin represents 5.6% of USDT’s circulating supply and warned that a drop in high-risk assets could leave reserves insufficient for collateral coverage.

Tether’s CredentialsTether relocated its operations to El Salvador earlier this year, a move prompted by the country's cryptocurrency-friendly policies and adoption of digital assets. 

Ardoino had stated earlier this year that Tether had no plans to go for a Wall Street listing, citing the company’s profitability and conservative management as key reasons

Tether’s latest attestation report shows $181 billion in reserves backing its tokens. It is also the 17th largest holder of U.S. sovereign debt, with $135 billion in treasuries

Read Next: 

Tether’s Gold Royalty Shift – And What It Means For Your Portfolio
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

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Despite the Bitcoin price crashing below $90,000 and moving toward $80,000 last week, it seems that bullish sentiment has not been completely eroded. Now trading back in the 5-figure range, hopes for reaching back above $100,000 are still very high, with one crypto pundit actually predicting that the leading digital asset by market cap could be on its way to actually touching $300,000.

Bitcoin Price Still Has Room To Run
Coinskid shared a chart on the X (formerly Twitter) website that suggests that many analysts were wrong about where in the cycle the Bitcoin price actually is. Instead of being at the end of the bull market, the crypto analyst believes that the run is still only in the beginning stages.

This was done using the Wave analysis, putting the current trend at only a Wave 2. Now, if this were the cycle’s end, it would mean that the Bitcoin price has already completed Wave 5. However, Coinskid counters this, especially since the wave trend is not even halfway done.

As the analyst explains, the digital asset has actually been in a Wave 2 correction of the cycle for over a year now. This would mean that the current correction will likely be short-lived as bulls could reclaim control once again and push the price higher.

Additionally, Coinskid also explained that Bitcoin was actually forming one of the biggest Cup and Handle patterns in history. With the price more or less holding the neckline, the buyers could quickly reclaim control of the cryptocurrency.

Source: X
In this case, it would mean that the Bitcoin price is destined to reclaim $100,000 going into the new year. As an ABC wave plays out, the analyst’s chart shows the bounce from the end of Wave C leading to a 250% breakout that would send the price flying as high as $300,000.

Bears Still Have Their Chance
While the majority of the analysis points to the fact that the Bitcoin price is still bullish, Coinskid also stated that this hinges on the cryptocurrency holding the April 2025 low of $74,000. Otherwise, the whole bullish move would be invalidated if the price were to fall below this level.

Some analysts have predicted that the Bitcoin price could be headed as low as $50,000, with some expecting some movement back into the $40,000 territory before bouncing. Nevertheless, the consensus remains that Bitcoin is still bullish in the long term.

BTC pushes above $91,000 | Source: BTCUSD on Tradingview.com
Featured image from Dall.E, chart from TradingView.com

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts.
Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

The launch of XRP exchange-traded funds (ETFs) is already shaking up the crypto market. Analysts believe that growing institutional interest could have a big impact on both the price of XRP and how these funds operate.

ETF Demand is ExplodingIn just 8 trading days, XRP ETFs have gathered over $644 million in assets. Canary Capital, Bitwise, Grayscale, and Franklin Templeton are among the major buyers, snapping up large amounts of XRP. 

Canary Capital’s XRPC ETF raised $245 million on day one and now stands at $329 million, while Bitwise has accumulated $168 million. Grayscale and Franklin Templeton each collected around $150 million within two days.

With more ETFs preparing to launch, early estimates suggest that seven XRP funds could attract $7–$10 billion annually.

XRP Price Forecast According to Chad Steingraber, the average price needed as ETF demand grows. Even in a conservative scenario where institutions bring in $33.6 billion a year, the numbers show that the higher XRP’s price goes, the less ETFs can buy. 

At $11.25, they could still collect almost 3 billion XRP a year. At $22.50, that drops to about 1.49 billion. At $45, it falls to 746 million, then 373 million at $90, 248 million at $135, and just 149 million at $225. 

With ETFs entering the market, XRP’s price has to rise to slow down how quickly asset managers can accumulate the token.

Despite these inflows, the XRP Price is trading quietly around $2. Early ETF purchases are mostly made through OTC desks, keeping activity off public exchanges and preventing sudden price spikes. With Bitcoin correcting below $100,000, XRP has remained stable for now.

However, Steingraber believes this calm won’t last. If ETF inflows continue while XRP supply tightens, the price may adjust sharply to meet institutional demand, potentially creating new opportunities for investors.

What Happens If XRP Supply Tightens?Analyst Steingraber explains that as ETFs buy more XRP, the available supply could start to tighten. If it becomes harder or more expensive to source XRP, ETF managers may resort to share splits. 

For example, one share holding 10 XRP could be split 2-to-1, so you would own 2 shares worth 5 XRP each.

This could happen repeatedly, with splits like 10-to-1 or even 50-to-1, allowing investors to maintain value while the actual amount of XRP per share decreases.

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQsWhy are XRP ETFs attracting so much demand?

XRP ETFs are gaining demand because institutions want regulated, easy exposure to XRP without managing crypto directly.

How do XRP ETF inflows affect XRP’s price?

Higher ETF inflows can tighten XRP supply, which may push the price up as funds compete for available tokens.

How much money could XRP ETFs attract each year?

Early estimates suggest multiple XRP ETFs could bring in $7–$10 billion annually as institutional interest grows.

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The metric is above $3.2 trillion on CG again.

After a week of trading below the $90,000 mark, which included a nosedive to under $81,000, bitcoin finally notched an impressive recovery attempt that pushed it to just under $92,000.

Its dominance over altcoins has surged as well, as very few are able to match its gains over the past 24 hours.

BTC Eyes $92K
The primary cryptocurrency’s most severe part of its November correction took place last week when the bears were in complete control of the market and drove it south to under $81,000 on Friday. This became its lowest price point in approximately seven months and meant that BTC had lost over $25,000 in just ten days.

The bulls finally stepped up at this point and didn’t allow another breakdown to under $80,000. Just the opposite: bitcoin bounced to $84,000 over the weekend and began climbing higher as the new business week progressed. Nevertheless, it was stopped on a couple of occasions at $88,000 and $89,000.

The actual breakthrough took place last night when BTC finally surged past the coveted $90,000 mark. It continued its rally on Thursday by nearing $92,000 to mark a weekly high.

Its market capitalization has soared to $1.830 trillion on CG, while its dominance over the alcoins has increased to more than 57% as of press time after dumping below 56.5% a few days ago.

BTCUSD. Source: TradingView
Alts in Green, too
Most altcoins are also in the green, but only a handful have posted more impressive gains than BTC. Ethereum has jumped by over 4% and now sits above $3,000. XRP is back to $2.20, while BNB, SOL, HYPE, LINK, and ADA have gained around 3-4% daily.

AVAX and MNT are the top performers from the larger caps, surging by more than 6.5% each. KAS has skyrocketed by 21%, followed by FLR (11%) and SKY (10%).

The total crypto market cap has added over $130 billion in a day and has reclaimed the $3.2 trillion mark on CG.

Cryptocurrency Market Overview Daily. Source: QuantifyCrypto

Bitcoin (BTC) price surged in the past 24 hours as roughly $100 billion poured into the market, pushing its total capitalization from $1.73 trillion to $1.83 trillion, according to data compiled by Finbold from CoinMarketCap. 

At the time of writing, BTC is changing hands at $91,594, a sharp recovery from levels near $86,000 just a day earlier. Trading volumes also jumped by 21.71% to $72.9 billion, signalling renewed participation after weeks of corrective pressure.

Bitcoin 24-hour market cap. Source: CoinMarketCap
Bitcoin price rebounds from 30-day low amid Fed policy optimism
The rebound comes as Bitcoin attempts to claw back losses from a 30-day drop of 19.78%, suggesting that recent price action was less a broad trend reversal and more a technical overshoot to the downside. A confluence of macro catalysts, on-chain accumulation, and momentum-driven trading is now shaping the move higher.

Investor optimism around an increasingly dovish stance from the Federal Reserve has provided a more constructive backdrop across broader risk assets. Markets are betting that December’s FOMC decision could hint at rate cut timelines, supporting liquidity-sensitive plays such as Bitcoin. This macro shift is particularly relevant given crypto’s heightened sensitivity to monetary policy as institutional positioning deepens.

Whale accumulation strengthens Bitcoin price recovery
On-chain data supports the notion that larger holders have used the recent pullback as a buying opportunity. Whales accumulated approximately 30,000 BTC (valued at around $2.7 billion) throughout the week, even as price momentum weakened. Historically, whale accumulation into weakness has been an early indicator of trend stabilization, and in some cases, reversal.

Technically, the rally appears to have stemmed from oversold conditions, prompting short-covering and algorithmic entry once BTC reclaimed key intraday levels. However, market structure remains fragile. 

BTC technical outlook
Daily resistance is forming around the 30-day simple moving average near $98,852, a level that, if decisively broken, could activate momentum-driven inflows and challenge the psychological $100,000 threshold. Conversely, immediate support sits around $87,000, aligned with the 7-day SMA, where dip-buying first emerged.

The critical test now lies in BTC’s ability to consolidate above $91,000 into the New York Stock Exchange close. A sustained hold could attract additional inflows and reinforce the narrative of structural demand returning after capitulation. Failure to maintain these levels, particularly if paired with hawkish Fed commentary, risks reclassifying this move as a bear market rally rather than a broader trend reversal.

At this stage, Bitcoin’s trajectory is being shaped by a delicate balance: macro policy expectations, opportunistic whale behaviour and mechanical recovery dynamics. With sentiment improving but not yet robust, traders will be closely monitoring whether this rebound can carry through to a decisive breakout as the market enters a pivotal month for monetary policy.