Today's Crypto Pulse
Updated 3h agoBitcoin ETF Custody Concentrates Power, Raising Systemic Risk
Spot Bitcoin exchange‑traded funds now hold over $54 billion, roughly 1.5 million BTC. The ETF structure places the underlying coins in a trust controlled by a handful of custodians, with Coinbase identified as the dominant custodian, creating a single point of operational failure.
Also developing:
By the numbers: Pepeto raises $7M in token presale
News•Nov 30, 2025
What mNAV Really Tells You About Bitcoin Treasury Companies — and Where It Falls Short
Bitcoin‑holding public companies increasingly rely on the multiple of net asset value (mNAV) to signal how the market values their BTC reserves. The metric divides enterprise value by the current market value of the bitcoin stack, producing a premium or discount indicator. NYDIG’s Greg Cipolaro warns that mNAV masks critical risks, especially those stemming from convertible debt and potential equity dilution. Variants such as basic, diluted and EV‑adjusted mNAV can diverge sharply, leading investors to misread a firm’s true exposure and capital structure.
By CoinDesk
Social•Nov 30, 2025
Crypto Becomes Last‑Resort Lender for High‑Risk Real Assets
Crypto consistently ends up as the lender of last resort for RWAs. Why? Demand: Prime borrowers stay in TradFi. It’s cheaper, deeper, and frictionless. Supply: Crypto investors yawn at sub-10% yields So the only borrowers left are the bottom of the pile who...
By Santiago Santos
Social•Nov 30, 2025
Fund Managers Shun Tokens Until 50% Vested
I generally agree with this in theory, but not in practice In practice, every liquid fund manager I speak to says they will not even consider buying a liquid name until the token is at least 50% vested. Just an outright...
By Kyle Samani
News•Nov 30, 2025
Telegram's Pavel Durov: Cocoon Decentralized AI Network Now Live
Telegram co‑founder Pavel Durov announced that Cocoon, a decentralized AI network built on the TON layer‑1 blockchain, went live this weekend. The platform lets GPU owners rent out compute cycles in exchange for Toncoin, enabling users to run AI queries...
By Cointelegraph
Social•Nov 30, 2025
Quiet Market Signals Prime Buying Opportunity for Crypto
It's like a ghost town during this stage in time. I've only seen this twice before. - During 2019, the final stages of the bear market in that cycle. - During the early months of 2023. Both of these periods have resulted into being...
By Michaël van de Poppe
News•Nov 30, 2025
Tether CEO Slams S&P Ratings Agency and Influencers Spreading USDt FUD
Tether’s chief executive publicly rebuked S&P Global after the ratings agency downgraded USDT’s ability to maintain its dollar peg, citing concerns over the stablecoin’s Bitcoin and gold reserves. The CEO also targeted social‑media influencers, accusing them of spreading false‑hoods (FUD)...
By Cointelegraph
News•Nov 30, 2025
Priced at Zero: How Brazil’s Méliuz Turned to Bitcoin to Escape a Treasury Trap
Méliuz, a Brazilian fintech, discovered its market value was zero despite profitability because cash was tied up in negative‑return government bonds. To preserve capital and generate yield, the company adopted a Bitcoin treasury strategy, securing 66 % shareholder approval. It purchases...
By CoinDesk
Social•Nov 30, 2025
Patience Beats Impulse in Today’s Momentum‑Driven Crypto Casino
Markets today are increasingly short-term and momentum-driven. Everything moves fast, everyone’s online, and you don’t need a banker anymore when you can try to be Soros from your phone. Investors (institutions and retail) care more about growth than value Crypto is...
By Santiago Santos
News•Nov 30, 2025
Most Ethereum Valuation Models Indicate ETH Is Undervalued: Analyst
CryptoQuant analyst Ki Young Ju reports that nine of twelve Ethereum valuation models deem ETH undervalued, with a composite fair value of about $4,836—roughly a 58 % premium over the current $3,000‑plus price. Models such as Metcalfe’s Law and the layer‑2 framework suggest...
By Cointelegraph
Social•Nov 30, 2025
Cosmos Token Value Fuels Enterprise Adoption, Mirroring Hyperliquid
The Cosmos ATOM valuation thesis is essentially is that having an effective firm accruing value the token kickstarts other users of the technology coordinating and accruing value to the token . This ultimately a similar thesis to Hyperliquid. The focus of Hyperliquid...
By Zaki Manian
Social•Nov 30, 2025
Bitcoin Rallies 7% to Retest $93.5k Resistance
#BTC Bitcoin has rebounded over +7% from the new Range Low and has revisited the ~$93500 Range High resistance $BTC #Crypto #Bitcoin 🚀Follow @rektcapital for more level-headed insights on Bitcoin
By Rekt Capital
Podcast•Nov 30, 2025•8 min
PROOF Bitcoin MONSTER Reversal Incoming (Mega Crypto Pump By Christmas!)
The episode analyzes recent chart patterns, on-chain data, and macroeconomic factors that suggest Bitcoin is poised for a major trend reversal, potentially sparking a significant price surge before Christmas. The host highlights key indicators such as rising miner activity, decreasing...
By The Bitboy Crypto Podcast
Social•Nov 30, 2025
Long‑term Crypto Bets Await Deeper Price Drops
There’s so much pessimism and short-term thinking on cryptoassets these days that the R/R is tilting towards optimism and long-term, sized, high-conviction positions in distressed, public, cryptoassets. That said, the time isn’t yet now, imo. I shared my view @...
By Chris Burniske
News•Nov 30, 2025
Why Pro Traders Choose Crypto Prop Firms
Crypto prop firms are gaining traction as professional traders seek capital and infrastructure beyond simple spot holdings. These firms provide sizable funding, sophisticated risk controls, and deep liquidity, enabling traders to execute high‑frequency and algorithmic strategies. In return, traders share...
By CryptoSlate
Podcast•Nov 30, 2025•13 min
Everyone Is WRONG! Crypto Bull Market Is NOT Over with Altcoin Daily's Aaron Arnold
In this 13‑minute interview at Chainlink SmartCon, Altcoin Daily’s Aaron Arnold argues that the crypto bull market is far from over, highlighting strong on‑chain activity, continued institutional interest, and upcoming catalysts like Bitcoin ETFs and Layer‑1 upgrades. He emphasizes that...
By Thinking Crypto News & Interviews
Social•Nov 30, 2025
Even Tiny Quantum Risk Threatens Bitcoin's Future
The Existential Quantum Threat to Bitcoin: Imagine you're the CEO of a company worth $2T. Now, imagine your CTO tells you there's a 0.01% chance that over the next decade, a technology (quantum computer) will destroy your only product...
By Eli Ben-Sasson
Social•Nov 30, 2025
Bitcoin's Cycle Unfinished: No Peak Indicators Yet
I think that this cycle is far from over. No indicator has peaked. No retail interest. No extreme overvaluation, while Gold and other commodities have shown this. Nothing. Just, a time-based assumption that $BTC has peaked. I don't think so.
By Michaël van de Poppe
News•Nov 30, 2025
Is the Bitcoin Digital Asset Treasury Model Broken? Architect Partners Says No
Architect Partners argues that the Bitcoin digital asset treasury (DAT) model is not broken, but still largely untested. While a sharp market decline has pressured high‑profile DATs like MicroStrategy, the firm predicts that roughly half of current pure‑play, producing and...
By CoinDesk
Social•Nov 30, 2025
Bitcoin CME Gap Set to Open at $91,500 Tonight
THE BITCOIN CME GAP WILL OPEN AT $91,500 TONIGHT 🚨 https://t.co/dLsFQiKcTG
By That Martini Guy
Social•Nov 30, 2025
Phemex Offers $1,600 Deposit and $20,000 Trading Bonuses
INSANE CASH BACK REWARDS FROM PHEMEX Get $1,600 Deposit Bonus! Get $20,000 Trading Bonus! Available everywhere. I've been using Phemex for years, and there has literally never been a better time to join. Sign Up NOW! ⤵️ https://t.co/OABTkVJCzL https://t.co/9yCT2cOfYq
By Lark Davis
Social•Nov 30, 2025
Questioning Whether L2s Signal Crypto’s Decline
@VitalikButerin Is it cause of much of L2s or crypto is dying?
By Vitalik Buterin
Social•Nov 30, 2025
CEO Says Firm Will Sell Bitcoin if Stock Under NAV
BREAKING 🚨 STRATEGY CEO PHONG LE REVEALS WHEN THE COMPANY WOULD SELL BITCOIN IN THE SCENARIO THE COMPANY’S STOCK FALLS BELOW NET ASSET VALUE AND FUNDING OPTIONS DISAPPEAR, IT WOULD THEN POTENTIALLY SELL SOME https://t.co/x0iVQ79pcd
By That Martini Guy
Social•Nov 30, 2025
NEAR Enables AI Inference Inside Smart Contracts
AI inference and data processing within contract execution flow Only possible on NEAR
By Illia Polosukhin
Social•Nov 30, 2025
Hope Network Stays Stable During High‑Volume NFT Mint
@VitalikButerin Hope it remains same during high volume nft mint
By Vitalik Buterin
Social•Nov 30, 2025
Tether Holds $7B Excess Equity, Earns $500M Monthly
BULLISH 🐂 TETHER HAD ~$7BN IN EXCESS EQUITY ON TOP OF THE ~$184.5BN $USDT RESERVES AT THE END OF Q3, WITH TOTAL RESERVES OF ~$215BN THE COMPANY IS PULLING IN $500M IN PROFIT A MONTH FROM TREASURY YIELDS ALONE https://t.co/f2w8WaMLFe
By That Martini Guy
Social•Nov 30, 2025
Building Directly on Layer 1 Is Sufficient
You can just build on L1.
By Vitalik Buterin
Social•Nov 30, 2025
CME Must Decentralize Its Sequencer
CME needs to decentralize their sequencer https://t.co/A1OsESsvrq
By Jill Gunter
Social•Nov 30, 2025
Bitcoin Dominance Mirrors 2019, Poised to Decline Further
The #Bitcoin dominance is comparable to the 2019 period. It's currently trending down, and has rejected at the 20-Week MA. I would expect this to happen again, and that we continue to fall going into 2026. https://t.co/ZWb2gX1ps1
By Michaël van de Poppe
Social•Nov 30, 2025
Solana Transactions: Thac0 Hits Negative One
Landing a solana transaction has a thac0 of -1
By Anatoly Yakovenko
Social•Nov 30, 2025
Energy Is Bitcoin’s Real Currency, Says Elon Musk
"Energy is the true currency. Bitcoin is based on energy." - @ElonMusk https://t.co/BXsGZtBSO0
By Michael Saylor
Social•Nov 30, 2025
Demand Peaks, Yet Maturity Cuts On‑Chain Arbitrage
Demand isn’t low. It’s actually higher than it’s ever been but the application maturity means that users can achieve their goals with much less onchain arbitrage activity.
By Zaki Manian
Social•Nov 30, 2025
Bitcoin's Universal Appeal Explained in Essential New Book
Bitcoin is for Everyone “This book is clear, engaging and essential for anyone wanting to grasp the profound implications of the transition the world is going through.” — Jeff Booth Order your copy today! Link in thread. https://t.co/WOrNyNqZdX
By Natalie Brunell
Social•Nov 30, 2025
Immature REV Leaks Value, Undermining Valuation Methodology
As far as I can tell, REV is immature applications that leak value to block producers + Reflexivity around price from adoption. ——— This is the best we can do for a valuation methodology?
By Zaki Manian
Social•Nov 30, 2025
Zcash May Turn to Futarchy for Governance Innovation
Zcash has a tradition of innovating its way out of governance crises. I wonder if futarchy will be the next iteration of that.
By undefined
Social•Nov 30, 2025
Elon Musk Calls Bitcoin a True Currency, Energy‑Based
BREAKING 🚨 ELON MUSK SAYS BITCOIN IS A TRUE CURRENCY AS IT IS "BASED ON ENERGY" https://t.co/JRqeJ5SvsU
By That Martini Guy
Social•Nov 30, 2025
Polymarket Enters a Generational Bull Run
Polymarket is on a generational run!
By That Martini Guy
Social•Nov 30, 2025
Bullish Divergence Signals Upcoming Massive Market Upswing
A massive bullish divergence indicating that the markets are currently accumulating. $ARB is another example. It's currently sitting at a bullish divergence which have been created since the beginning of '25. Once this one turns, that's going to bring a massive upwards...
By Michaël van de Poppe
Social•Nov 30, 2025
Bitcoin Poised for Weekly Green Candle After Four Reds
MARKET UPDATE🚨 BITCOIN WEEKLY CANDLE SET TO CLOSE GREEN AFTER FOUR CONSECUTIVE RED CANDLES https://t.co/zpnHLsPLbF
By That Martini Guy
Social•Nov 30, 2025
ATOM's Bull Case Lies in Business Model Innovation
Probably the strongest bull case for $ATOM is that what tokens need right now are more business model innovations, less tech innovations. Cosmos represents the furtherest of NF in trying to capture the network effects in blockchains without simply relying on...
By Zaki Manian
Social•Nov 30, 2025
X Algo Spreads Unprecedented FUD, yet Price Climbs
Tether, Binance, and Strategy FUD all in the last 24 hours. X Algo circulating the FUD at rates never seen. HIGHER https://t.co/XB3MZ9y1Uf
By Wendy O
Social•Nov 30, 2025
SOL Outpaces Bitcoin and ETH in Today's Rally
$SOL is moving today 📈 It's up more than Bitcoin and ETH https://t.co/YUHy8Y6bYq
By That Martini Guy
Social•Nov 30, 2025
Hayes Warns Tether Could Go Insolvent After 30% BTC‑Gold Drop
JUST IN 🚨 ARTHUR HAYES HAS RAISED SOME CONCERNS REGARDING TETHER'S INCREASED MOVE INTO BITCOIN AND GOLD, POSTING: "A ROUGHLY 30% DECLINE IN THE GOLD + $BTC POSITION WOULD WIPE OUT THEIR EQUITY, AND THEN USDT WOULD BE IN THEORY INSOLVENT"...
By That Martini Guy
Social•Nov 30, 2025
Bitcoin Mispriced: Fair Value $165K, Trading at $90K
The fair value of #Bitcoin, based on liquidity, is $165K. It's currently sitting at $90K. The biggest mispriced condition we've seen in a long time in the markets. The previous comparable periods are: COVID-19, FTX crash and 2018 bottom. https://t.co/rjqJh8yhe1
By Michaël van de Poppe
Social•Nov 30, 2025
Red November Historically Predicts a Bullish December for Bitcoin
Bitcoin is about to close one of its worst Novembers And historically, every red November has been followed by a red December. Will history repeat itself? What's your prediction for Bitcoin by the end of the year? https://t.co/KYVpAig73k
By Lark Davis
Social•Nov 30, 2025
Bitcoin Sees Major Close Moves Today Across Weekly, Monthly
Big closes for $BTC today, W & M 👀
By Chris Burniske
Social•Nov 30, 2025
Privacy‑First Governance: Zk‑Votes and Reputation Delegations
@VitalikButerin privacy first governance, zk votes and reputation delegations, fam
By Vitalik Buterin
Social•Nov 30, 2025
BTC Poised for Breakout, Targeting $100K by December
Mini move upwards on $BTC. I don't think we'll crack it today, we never do on Sunday, as those are usually fake moves. However, I do expect the breakout upwards to happen in the coming 1-2 weeks as we're on edge of...
By Michaël van de Poppe
Social•Nov 30, 2025
100% Day‑One Token Unlock Essential for True Price Discovery
FWIW I’ve been advocating for 100% day 1 unlock for years with port cos Only way to get true price discovery The team that came closest to doing this was… Solana! One massive cliff at month 9
By Kyle Samani
Social•Nov 30, 2025
MicroStrategy Signals New Bitcoin Purchases, Saylor Shares Tracker
BREAKING 🚨 MICHAEL SAYLOR POSTS THE @MicroStrategy BITCOIN BUY TRACKER - HINTING THAT THE COMPANY HAS BOUGHT MORE https://t.co/nGlbUqgZbt
By That Martini Guy
Social•Nov 30, 2025
Start with Education, Not Hype, Before Investing
What's one piece of advice you'd give to someone entering crypto now?
By Lark Davis