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Author: James Wilson
A key exchange-traded fund filing has given SOL a timely boost, setting the stage for what analysts say could be an important shift. Summary Form 8-A places the Franklin Templeton Solana ETF in its final stage before listing on NYSE Arca. The ETF will offer spot exposure backed by actual SOL holdings and use the CF Benchmarks Solana Index. Launch momentum mirrors the strong inflows seen across newly listed Solana ETFs, which have topped $560M since October. Franklin Templeton has taken a step that could shift attention back to Solana at a moment when demand for altcoin ETFs is quietly…
MegaETH has run into problems that forced the team to pull back from an expansion of its token sale. Summary A misconfigured multisig and overloaded KYC APIs were some of the issues that caused repeated failures during launch. Rate-limits on Sonar’s infrastructure contributed to the breakdown. No funds were at risk, but the user experience failed, prompting MegaETH to pause expansion. According to a Nov. 25 series of posts on X, MegaETH said it is no longer pursuing its plan to increase its pre-deposit cap from $250 million to $1 billion after a string of technical issues disrupted the event. …
Swedish fintech giant Klarna is dipping its toes — or maybe its entire checkbook — into the crypto pool with the launch of a USD-pegged stablecoin. Summary Klarna’s new stablecoin has a mainnet rollout planned for 2026 and future expansion to merchants and consumers. The objective is to reduce costs and improve efficiency, leveraging Stripe’s Bridge infrastructure. Klarna is joining other major firms in the growing $304 billion stablecoin market. KlarnaUSD, built on Tempo, the layer-1 blockchain developed by Stripe and Paradigm. The token is live on Tempo’s testnet, with a full mainnet rollout planned for 2026. KlarnaUSD is being…
In a year when cryptocurrency stocks have mostly moonwalked downward, executives at some of the sector’s top firms managed to secure fat compensation packages. Summary Crypto executives secured generous compensation despite falling stock prices. Some packages included protections against market declines. Activist shareholder Paul Glazer is opposing Pompliano’s M&A/pay package. According to SEC filings reviewed by Protos.com, several crypto pros enjoyed a bump in pay. David Bailey: The CEO of bitcoin treasury company Nakamoto and a noted President Trump ally pulled together a stacked package: signing bonus, consulting fees, stock options, restricted stock units, cash bonuses, and even private jet…
After a week of dips and uncertainty, XRP has bounced back above $2, putting it back on traders’ radar. Strong ETF inflows and improving market confidence are creating a cautiously positive mood, but the bigger question is whether this momentum will stick or fizzle out. How this plays out will be key to the near-term XRP outlook. Summary XRP has bounced above $2 after dropping to $1.83, fueled by strong ETF inflows. Market confidence and technical recovery support a moderately bullish outlook. Volatility and sudden market swings could trigger quick moves, so caution is advised. Current price scenario Ripple (XRP)…
BNB is trading at a level that previously marked a breakout in 2024, according to market data. After pulling back from its recent peak, the cryptocurrency is testing a former resistance level now functioning as support. Summary BNB has retraced to the upper boundary of an ascending channel that capped its 2024–2025 rally. BNB Chain’s active addresses have steadily increased in 2025, rising from under 1 million daily users early in the year to peaks near 3.5 million/ Futures open interest has declined from September highs, suggesting traders are waiting for clearer directional cues. The digital asset declined over the…
U.S. Treasury Secretary Scott Bessent stated that simplifying the Federal Reserve has emerged as a key criterion in selecting the next chair of the central bank, according to remarks made on CNBC Tuesday. Summary Treasury Secretary Bessent noted the central bank has become “a very complicated operation.” Fed Governors Waller and Bowman, former Governor Warsh, NEC Director Hassett, and BlackRock’s Rieder are among the final five nominees. Bessent intends to make a potential nomination before Dec. 25. Bessent said one of the criteria under consideration has been the interplay of the Fed’s various instruments, noting that the central bank “has…
Naver Financial, a South Korean internet company, announced plans to launch a stablecoin wallet service next month, according to a company statement. Summary Naver Financial plans to launch a new stablecoin wallet service, “Silk Pocket,” next month, developed in partnership with blockchain investment firm Hashed. The Busan digital exchange also contributed to the wallet’s development, underscoring growing collaboration within South Korea’s crypto ecosystem. The move reflects broader expansion of crypto services among Korean fintech firms, including a deal with Upbit. Naver’s next steps The wallet service, named “Silk Pocket,” is being developed in collaboration with blockchain investment firm Hashed, the…
Despite ongoing crypto market volatility, Metaplanet opted for a leveraged strategy for its latest Bitcoin acquisition. Summary Metaplanet is leveraging to acquire more Bitcoin, despite volatility The firm tapped an additional $130 million from its $500 million loan facility The Tokyo-listed firm recently announced a $135 million share offering Due to ongoing volatility in the crypto markets, markets expect digital treasury firms to slow down their acquisitions. However, Tokyo-listed Metaplanet is not one of them. On Tuesday, November 25, the firm announced that it drew a new $130 million loan from its Bitcoin-backed credit line. The latest loan brings Metaplanet’s…
Fuse Energy is preparing to launch the ENERGY token to meet the rising demand for energy driven by artificial intelligence. Summary The SEC issued a no-action letter for Fuse’s Energy token launch AI is creating a rising demand for energy-intensive data centers Data centers could account for 20% of global energy needs by 2030 AI is driving rising energy demand, and crypto firms are taking note. On Tuesday, November 25, UK-based energy company Fuse Energy announced that it received a green light from the U.S. Securities and Exchange Commission for the launch of its Energy Dollars token, according to a…
