Franklin Templeton Expands Benji Technology Platform to Canton Network
The move links traditional finance infrastructure with blockchain rails as major institutions push deeper into tokenized markets.
Bitcoin Crafts 'Bullish Wedge,' Keeping Hopes Alive for Record Highs Above $126K
Bitcoin has slipped from its October record of $126,000 to around $106,000, forming a classic bullish falling‑wedge pattern on the chart. The converging trendlines suggest waning selling pressure, and a breakout above the $106,000‑$107,000 upper boundary could spark a rally...
BNB Recovers Above $970 After Brief Drop as Market Volatility Pressures Token
BNB slipped to a 24‑hour low of $953, a 2.3% drop from its opening at $980.18, before rebounding above $970 amid heightened volatility and elevated selling volume. The bounce occurred despite a technical breakdown and is now meeting resistance near...
Circle’s USDC Keeps Climbing; William Blair Reiterates Outperform After 3Q Results
Circle reported third‑quarter results that beat both its own and Wall Street forecasts, prompting William Blair to reaffirm its outperform rating on the company’s stock. USDC’s transaction volume surged, with trailing twelve‑month TPV climbing 101‑fold to an annualized $3.4 billion,...
Key Bitcoin Capitulation Metric Points to Bottoming in Price
Bitcoin’s Net Unrealized Profit (NUP) ratio fell to 0.476, the lowest level since April and a range that has historically preceded short‑term market bottoms. The metric has previously foreshadowed rebounds after the February surge to $70,000, a mid‑2024 correction, and...
Pooled Order Books in the Crosshairs as EU Regulators Look to Tighten MiCA Oversight
EU regulators, led by the European Securities and Markets Authority (ESMA), are preparing to tighten oversight of pooled order books under the MiCA framework, seeking an explicit ban on cross‑border order‑book sharing. France’s AMF, along with Austria’s FMA and Italy’s...
Circle Q3 Profit Triples, Beating Estimates, on USDC Growth
Circle Internet Group reported third‑quarter net income of $214 million, a 202% year‑over‑year jump, as total revenue and reserve income surged to $740 million, more than double the same period last year. Earnings per share rose to $0.64, well above analysts’ $0.22...
Solana ETFs Keep Buying – $343M In, But SOL Still Dumps 15%
Between Oct. 28 and Nov. 10, U.S. spot Solana ETFs pulled in $343 million of net inflows across ten straight trading days, with Bitwise’s BSOL accounting for roughly $330 million and Grayscale’s GSOL adding the balance. During the same period SOL fell...
Kraken Co-CEO Says UK Crypto Promotion Rules May Harm Retail Investors: FT
Kraken co‑CEO Arjun Sethi warned that the UK’s FCA‑mandated crypto promotion rules – mandatory risk warnings and multi‑step questionnaires – slow transaction times and act like overly harsh “cigarette‑box” warnings, which he says could harm retail investors. He noted that...
Visa Tests Stablecoin Payouts to Speed Payments for Creators, Gig Workers
Visa announced a pilot of its Visa Direct network that lets businesses pay creators, freelancers and gig workers in dollar‑backed stablecoins such as USDC, delivering funds to digital wallets in near‑real time. The service enables payors to fund payouts in...
Bernstein Says U.S. Crypto Framework Positions Nation as Global Leader
Bernstein says the United States has become a global crypto leader after enacting the GENIUS Act and preparing the CLARITY Act, which together create a unified regulatory regime for digital assets. Stablecoin supply has topped $260 billion and crypto ETFs hold...
Is Bitcoin Volatility Vacation Over? Chart Suggests So, Analysts Cite 3 Catalysts
Bitcoin’s 30‑day implied volatility index (BVIV) broke through its year‑to‑date downtrend line, signaling a resurgence of price turbulence after a low‑volatility stretch in 2025. Analysts attribute the shift to three catalysts: the retreat of traditional volatility sellers such as miners,...
Coinbase Ends Acquisition Talks for U.K.-Based BVNK: Fortune
Coinbase announced it has terminated exclusive acquisition talks with U.K.-based stablecoin startup BVNK, a deal that had been in negotiation since earlier this year and was expected to value BVNK between $1.5 billion and $2.5 billion. The talks, which placed Coinbase ahead...
Dogecoin Near Make-or-Break Zone as Fresh Bitcoin Slide Pulls Down Majors by 5%
Dogecoin slid 5.5% on Tuesday, dropping to $0.1730 and breaking the critical $0.1720 support level as Bitcoin’s fresh slide dragged major cryptocurrencies down about 5%. The move completed a textbook lower‑high, lower‑low pattern, with the hourly RSI near 38 and...
XRP Faces Bearish Cross Risk, Sinks 5% Even as ETFs Move Further
XRP slipped 5.1% to $2.41 on Tuesday, breaking through the $2.43 support zone as selling pressure intensified and trading volume surged 46% above its daily average. Over $1 billion in XRP moved between major custodial wallets, adding uncertainty despite on‑chain data...
Bitcoin Miners Must Own Power—Or Die Trying Before Next Halving, MARA CEO Says
MAR A Holdings CEO Fred Thiel warned that Bitcoin miners must secure low‑cost power or pivot to AI and high‑performance computing to survive the tightening margins ahead of the 2028 halving, when block rewards drop to roughly 1.5 BTC. Rising competition...
Crypto Coin Minute for November 12th, 2025 at 05:15 AM Pacific Time.
The post provides a quick snapshot of major cryptocurrency prices on November 12, 2025, noting Bitcoin at $104,864.85 with modest gains, while Ethereum, XRP, Binance Coin, and Solana show slight movements. It highlights three key news items: Injective’s launch of...
Ethereum Is ‘The Infrastructure’ for Wall Street, Says Former BlackRock Executive
Former BlackRock digital‑assets head Joseph Chalom, now co‑CEO of Sharplink, argues that Ethereum’s trust, security and liquidity make it the preferred infrastructure for Wall Street’s move to digitized finance. Sharplink holds over $3 billion in ether, staking nearly all of it...
DC Just Turned the Money Hose Back on — Here’s What It Means for Your Bitcoin Bag
The Senate passed a continuing resolution (H.R. 5371) extending U.S. government funding through Jan. 30, 2026, ending a 41‑day shutdown and restoring the release of key macro data and Treasury auction operations. The resumption of CPI, PPI and other economic...
Ethereum Sees First Sustained Validator Exit Since Proof-of-Stake Shift
Ethereum’s daily active validator count dropped about 10% since July, slipping below the 1 million mark for the first time since April 2024, marking the first sustained validator exit of this magnitude since the network’s September 2022 proof‑of‑stake transition. The exit‑queue wait time...
HBAR Declines 2.1% to $0.183 as Volume Spike Signals Technical Breakdown
HBAR slipped 2.1% to $0.1837 on Tuesday, erasing earlier gains after hitting resistance near $0.1885 and $0.1940. Volume surged 95% above its 24‑hour average to 142.7 million tokens, a pattern the analysts attribute to institutional distribution rather than retail profit‑taking. The...
Bitcoin Slips Toward $103K; Miners Tumble on AI Trade Cooling, SoftBank's Nvidia Exit
Bitcoin slipped back below $104,000 on Tuesday, erasing a brief rally that had pushed it above $107,000. The decline dragged down major crypto miners such as CleanSpark, Hut 8, Core Scientific, TeraWulf and Bitdeer, which posted double‑digit losses amid weakening AI‑infrastructure...
ClearToken Wins UK Regulator Approval for Digital Asset Settlement Service
ClearToken has received FCA authorization to launch CT Settle, a delivery‑versus‑payment settlement platform that handles crypto, stablecoins and fiat currencies. The system eliminates pre‑funding of trades, enabling simultaneous asset and payment transfers and freeing up liquidity for institutional traders. Backed...
Buy High, Sell Never: Saylor Keeps Buying Bitcoin at Local Tops Despite Mounting Risk
MicroStrategy disclosed that it bought 487 Bitcoin between Nov. 3 and Nov. 9 for $49.9 million at an average price of $102,557, a level that coincided with a short‑term peak in the cryptocurrency’s price. The firm’s purchase timing is driven by internal liquidity...
BNB Slips Below $1,000 as Selling Pressure Pushes Token Into Bearish Territory
BNB slipped below the $1,000 psychological barrier, hitting a 24‑hour low of $974 amid an 88% surge in trading volume that signals heavy selling pressure. The token remains in a downtrend from its $1,300 peak, facing resistance at $1,000‑$1,008 and...
Injective Launches Native EVM, Promising Faster and Cheaper DeFi
Injective Protocol has launched a native Ethereum Virtual Machine (EVM) layer, enabling developers to write Ethereum‑compatible smart contracts directly on its high‑speed, low‑fee Layer‑1. The MultiVM upgrade also supports WebAssembly and will soon add a Solana VM, allowing dApps to...
Brazil’s Central Bank Sets Crypto Rules, Establishes up to $7M Capital Bar for Firms
Brazil’s central bank rolled out its most comprehensive crypto regulatory framework, establishing a licensing regime for Virtual Asset Service Providers (VASPs) and mandating minimum capital of 10.8 million reais (≈$2 million) – up to 37.2 million reais for certain firms – with a...
No Credible Evidence US Government Hacked Chinese Bitcoin Wallets to “Steal” $13 Billion BTC
China’s National Computer Virus Emergency Response Center accused the United States of orchestrating the 2020 LuBian Bitcoin exploit that drained roughly 127,000 BTC from wallets using a weak MT19937‑seeded key generation process. Open‑source forensics by Arkham, MilkSad, Blockscope and others...
Bullish Upgraded to Buy by ClearStreet as Exchange Gains Market Share, Expands Into U.S.
ClearStreet analyst Owen Lau upgraded Bullish (BLSH) to Buy, citing its market‑share rise from 2.1% to 3.7% of global crypto spot trading and the launch of a U.S.‑based options platform after securing a BitLicense. The exchange’s October volume jumped 70%...
Intain, FIS Roll Out Tokenized Loan Marketplace on Avalanche for Small Banks
FIS and Intain have launched Digital Liquidity Gateway, a blockchain marketplace built on Avalanche that tokenizes regional bank loan portfolios as NFTs and automates settlement with stablecoins. The platform integrates with FIS’s core banking system used by over 20,000 institutions,...
SoFi Launches Crypto Trading, Citing ‘Bank-Level Confidence’ as Key Edge
SoFi became the first nationally chartered consumer bank in the United States to offer in‑app cryptocurrency trading, adding Bitcoin, Ethereum, Solana and dozens of other assets to its platform. The phased rollout will be available to all users in the...
Solana Drops Below Key $165 Level as Technical Support Cracks
Solana (SOL) slipped 3.1% in 24 hours, dropping from $169.54 to $164.26 and breaking the critical $165 support level. The decline was accompanied by a 58% surge in trading volume, peaking at 1.47 million shares during the support test near $163.85....
JPMorgan and DBS Bank Team Up on Cross-Border Tokenised Deposit Framework
JPMorgan’s Kinexys digital payments platform and Singapore’s DBS Bank are collaborating to build an interoperability framework that links their tokenised deposit systems across public and private blockchains. The joint solution will enable institutional clients to transfer tokenised USD deposits in...
China Accuses U.S. of Stealing 127K BTC in High-Profile Crypto Hack
China’s National Computer Virus Emergency Response Center (CVERC) alleges that the U.S. Department of Justice seized 127,000 bitcoin—valued at roughly $13 billion—that were stolen in a 2020 hack of a Chinese mining pool, and claims the theft was carried out by...
Threshold Network Upgrades tBTC Bridge to Link Institutional Bitcoin with DeFi
Threshold Network has upgraded its tBTC bridge to let institutions mint and redeem tokenized Bitcoin in a single transaction without moving the underlying asset out of regulated custodial storage. The new architecture links directly to custodians and supports multiple blockchains—including...
Prediction Markets Say U.S. Government Shutdown Days From Ending as Health Care Fight Looms
Prediction markets are betting a 96% chance that the record‑long U.S. government shutdown will end between Nov. 12‑15, after the Senate passed a bipartisan funding bill that restores federal operations but leaves ACA subsidy extensions unresolved. Traders on Polymarket and Kalshi...
Diversification, Not Hype, Now Drives Digital Asset Investing: Sygnum
A Sygnum survey of 1,000 investors across 43 countries finds diversification has eclipsed speculative hype as the primary motive for digital‑asset investing. Bitcoin remains the favored safe‑haven amid inflation, sovereign‑debt and de‑dollarisation concerns, while altcoins have been hit by massive...
Standard Chartered to Support DeCard Stablecoin Payments in Singapore
Standard Chartered has teamed up with DCS Card Centre to serve as the principal banking partner for DeCard, a new credit‑card product that lets users spend stablecoins in everyday transactions. The service launches in Singapore, where regulators are encouraging digital‑payment...
Bitcoin Cash Edges Higher 0.71% to $524.31 Breaking Above $520 Resistance
Bitcoin Cash (BCH) rose 0.71% to $524.31, breaking above the key $520 resistance level and posting a 26% volume surge over its weekly average. The move outperformed the broader crypto market by 4.75% and was backed by a peak 24‑hour...
Bitcoin Slides to $105K After Resistance Rejection as 'Death Cross' Looms
Bitcoin fell to about $105,000 after failing to hold above the $107,250 resistance that was previously support, confirming a bearish breakdown in Asian trading. The move reinforces the approach of a “death cross,” where the 50‑day simple moving average is...
Bitcoin Traders Eye Seasonal 'Santa Rally' As Fed Moves Spur Volatility Hopes
Bitcoin is poised for a potential "Santa Claus Rally" in December, as analysts cite strategic accumulation by long‑term holders and expectations of U.S. liquidity‑easing measures such as a proposed $2,000 tariff dividend stimulus. Historical data shows Bitcoin ending six of...
Asia Morning Briefing: Hong Kong’s FinTech Week Belonged to Stablecoins, Not CBDCs
At Hong Kong’s FinTech Week, the focus shifted from central bank digital currencies (CBDCs) to stablecoins, with banks and regulators highlighting tokenized deposits and HKD‑backed stablecoins. The change reflects a broader global trend, exemplified by Brazil’s pause on its CBDC...
BNY Sees Stablecoins, Tokenized Cash Hitting $3.6T by 2030 Amid Institutional Adoption
BNY Mellon projects that stablecoins and tokenized cash could grow to $3.6 trillion by 2030, with stablecoins alone representing about $1.5 trillion of that value. The expansion is fueled by accelerating institutional demand and a maturing regulatory landscape, including the EU’s MiCA...
U.S. Clears Way for Crypto ETPs to Get Into Yield Without Triggering Tax Problems
The U.S. Internal Revenue Service issued a safe‑harbor guidance that allows crypto exchange‑traded products (ETPs) to stake proof‑of‑stake assets without losing their tax‑exempt trust status, effective immediately. The rule removes a key legal obstacle for fund sponsors, custodians and asset...
Senate Ag Releases Long-Awaited Version of Crypto Market Structure Legislation
The Senate Agriculture Committee on Nov. 10 released a draft crypto market‑structure bill that outlines how the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) would share oversight of spot‑market trading and related intermediaries. The draft,...
Uniswap Proposes Sweeping ‘UNIfication’ With UNI Burn and Protocol Fee Overhaul
Uniswap Labs and the Uniswap Foundation have filed a sweeping governance proposal dubbed “UNIfication” that would activate protocol fees, burn a retroactive 100 million UNI from the treasury and route future trading fees – including those from the Unichain layer‑2 –...
Trump Tokens Outperform After US President Teases ‘Tariff Dividends’
The crypto market rallied after President Trump hinted on Truth Social that tariff revenues could fund $2,000 stimulus checks, sending his namesake tokens soaring. Bitcoin rose just over 1%, while World Liberty Financial (WLFI) surged 24% and the TRUMP memecoin...
XPL Rallies After Plasma Reveals Collaboration with Daylight Energy
Plasma’s native token XPL jumped 10% to $0.325, lifting its market value to $607 million after the Layer 1 blockchain announced a partnership with Daylight Energy to launch GRID, a fully collateralized M0‑backed stablecoin, and sGRID, a yield‑bearing token tied to the...
ICP Falls 11.2% to $6.69 After Losing Key $7.00 Support
ICP token slid 11.2% to $6.69, breaking the key $7.00 technical support after a rally that peaked at $8.76 last week. The move was confirmed by a volume spike to 6.31 million tokens, roughly 94% above the 24‑hour average. Analysts now...
WIF Surged 5% to $0.497 Before Retreating as Profit-Taking Emerged
Dogwifhat (WIF) jumped 5% to $0.497 on Nov 10, breaking the $0.4840 resistance line with a 98% volume surge that pushed trading to 12.51 M shares, before profit‑taking at the peak forced a pullback to a $0.491 close. The token had been...