Author: James Wilson
Grayscale’s spot dogecoin ETF opened on NYSE Arca with about $1.4m in first-day volume, lagging analyst forecasts and trailing recent crypto ETF launches. Summary The ETF started trading on NYSE Arca with roughly $1.4 million in debut volume and about 94,700 shares outstanding. Grayscale set a 0.35% management fee but temporarily waived it, resulting in a zero expense ratio until assets hit a threshold or three months pass. The fund’s muted launch trails XRP and Solana ETF debuts, as analysts watch fee incentives, dogecoin’s price, and upcoming rival products like Bitwise’s ETF Grayscale’s spot Dogecoin exchange-traded fund commenced trading on…
Singapore-based trading firm QCP has boosted headcount by 50% to 157, opened offices in five cities, and secured key licenses in Singapore and Abu Dhabi to scale regulated 24/7 institutional crypto trading. QCP has grown its workforce by 50% year-over-year to 157 employees and expanded its Singapore HQ at Prudential Tower. The firm opened new offices in New York, Abu Dhabi, Kuala Lumpur, Ho Chi Minh City, and broadened coverage in London. QCP secured a Major Payment Institution license from MAS and a Financial Services Permission from ADGM, enabling regulated spot, derivatives, and structured products for institutional clients like Nasdaq…
Ethereum climbed back above $3,000 after a wave of exchange traded-fund inflows and heavy whale accumulation helped stabilize the market following weeks of selling. Summary Ethereum price reclaimed the $3K level while open interest climbed and trading volume softened. U.S. spot ETH ETFs recorded a fourth straight day of inflows. Ethereum’s chart shows early signs of a rebound, with ETH climbing off the lower Bollinger Band and short-term indicators turning positive. Ethereum has climbed back above $3,000, trading at $3,037, a 3.5% daily gain. The move came after a rough month that has pushed ETH down almost 40%, leaving it…
Crypto prices today saw modest gains in what the market views as the start of a recovery from November’s sharp pullback. Summary The crypto market is showing recovery, with Bitcoin above $90,000 and major altcoins gaining. Fed rate cut expectations, a technical reset, and global trade optimism lifted investor confidence. On-chain metrics indicate potential stabilization, with whales accumulating and leverage declining. The total crypto market capitalization rose 3.6% to $3.2 trillion, supported by gains across major assets. At press time, Bitcoin traded at $91,404, up 4.6% in the past 24 hours. BNB reached $895, up 3.6%, XRP traded at $2.20,…
A new set of stablecoin transfers has pushed Pump.fun back into the spotlight as questions over its recent activity resurface. Summary Pump.fun sent another $75M USDC to Kraken, bringing total transfers since Nov. 15 to $480M. The team denies cashing out, saying the movements are part of treasury management using USDC raised from its ICO. PUMP trades at $0.00294, down 38% over the month, with analysts expecting further weakness. Pump.fun moved another $75 million in USDC to Kraken on Nov. 27, a shift that has revived questions about the project’s recent stablecoin activity. According to an analysis shared by EmberCN, the team has now deposited roughly $480 million…
Securitize has received full approval from the European Union to operate a regulated tokenized trading and settlement system. Summary Securitize received EU-wide approval on Nov. 26 to operate a tokenized trading and settlement system under the DLT Pilot Regime. The licensed platform will run on Avalanche and connect directly with Securitize’s U.S. infrastructure. First regulated tokenized issuances are planned for early 2026 as institutional activity on Avalanche accelerates. The company is now among the first firms permitted to operate a blockchain-based market infrastructure under the EU’s DLT Pilot Regime. The authorization, issued by Spain’s CNMV on Nov. 26, gives the…
Ethereum tried to break through a key resistance level this week, only to be politely shown the door once more. Summary ETH has fallen by over 26% in November. Large holders increased positions while smaller traders trimmed theirs, showing diverging strategies amid market uncertainty. Whether the Fusaka network upgrade on December 3 propels the asset upward remains to be seen. At last check, the asset is down over 26% for the month. See below. Source: CoinGecko The cryptocurrency flirted with its upper trading band, buoyed by fresh flows into Ethereum ETFs and some whale wallet shuffling, but the price couldn’t…
Retail Bitcoin traders are discovering that crypto volatility doesn’t just affect their portfolios—it’s wreaking havoc on their sleep schedules. Summary 68% of retail Bitcoin traders check prices in bed nearly every night, with 81% losing sleep waiting for market moves or favorable trading conditions. Nearly 60% cite Fear of Missing Out as the main driver of sleepless nights, while 70% admit tiredness leads to poor trading decisions. Market swings peak between 18:00 and 06:00 UTC, overlapping with prime sleep hours in Europe, the Middle East, and Africa. According to a new survey from exchange CEX.io, “HODL” now doubles as a…
Bitcoin surpassed $90,000 on Wednesday and held the breakout, despite volatility across the broader crypto market. Summary Technical indicators show BTC trading below key moving averages, suggesting the broader trend remains under pressure, according to chart analysis. Market observers report that short-term buying pressure has not been sufficient to sustain breakouts above resistance levels. The cryptocurrency market remains in a reactive trading phase Price advances followed by rapid reversals Technical indicators show Bitcoin (BTC) trading below key moving averages, suggesting the broader trend remains under pressure, according to chart analysis. Source: CoinGecko The 14-day Relative Strength Index indicates the cryptocurrency…
Strategy is reassuring investors that its towering Bitcoin stash still dwarfs its debt—even as its stock price keeps falling faster than a hardware wallet dropped off a balcony. Summary Strategy says its Bitcoin holdings far exceed its debt, claiming a 5.9x asset-to-liability ratio at its average purchase price and a 2.0x ratio even in a severe crash. The firm’s stock has slumped, leading to its removal from the S&P 500. IStrategy’s market valuation is below the value of its own BTC holdings for the first time in five years. Michael Saylor’s company said its Bitcoin holdings would be worth nearly…