- Popular CEX Cryptocurrencies
Top 10 CEX Trading Volume and 24-Hour Price Change:
- BTC: + 3.01%
- ETH: + 2.02%
- SOL: + 1.69%
- ALLO: - 6.71%
- XRP: + 0.56%
- BNB: + 3.00%
- DOGE: + 0.53%
- ENA: - 2.32%
- STRK: + 6.98%
- AVAX: + 4.98%
24-Hour Price Increase Rankings (Data Source: OKX):
- MERL: + 127.54%
- SD: + 32.01%
- UXLINK: + 22.01%
- DASH: + 18.03%
- OM: + 17.23%
- VELO: + 15.53%
- TRA: + 13.22%
- SWFTC: + 11.71%
- CFG: + 11.09%
- PENDLE: + 9.24%
Headlines
Odaily Planet Daily reports that South Korean portal Naver has agreed to acquire Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, in an all-stock transaction valued at approximately $10.3 billion. According to reports, the transaction plan shows that Naver's fintech subsidiary, Naver Financial Corp., will complete the acquisition by issuing 2.54 shares of new Naver stock for every 1 share of Dunamu stock held. (Bloomberg)
Binance Wallet Now Supports "On-Chain Stock" Trading
Odaily Planet Daily reports that Binance Wallet has announced the launch of "on-chain stock" trading, with a minimum trading fee of 0%.
Tom Lee: The Decline of ETH and BTC is Man-Made Liquidation, Not Fundamental Collapse
Odaily Planet Daily reports that Tom Lee stated that the decline of ETH and BTC is due to man-made liquidation rather than a fundamental collapse. This view comes from market timing expert Tom DeMark, who has consulted for Goldman, Citi, and Paul Tudor Jones. DeMark believes that the ideal bottom for ETH is around $2,500, but a reversal may occur sooner.
Industry News
Tether Holds 116 Tons of Gold, Equivalent to Reserves of Central Banks in South Korea and Hungary
Odaily Planet Daily reports that a Jefferies analysis shows that stablecoin issuer Tether currently holds 116 tons of physical gold, making it the "largest gold holder outside of central banks," with reserves comparable to those of central banks in countries like South Korea, Hungary, and Greece. Last quarter, Tether's gold purchases accounted for nearly 2% of global gold demand and nearly 12% of central bank purchases, and its aggressive acquisition behavior may have affected short-term market supply and investor sentiment.
Ark Invest Buys the Dip in Crypto Stocks like Block, Circle, and Coinbase
Odaily Planet Daily reports that Cathie Wood's Ark Invest continued to increase its holdings in crypto-related stocks this Tuesday to take advantage of the price drop and the broader crypto market downturn.
According to its trading documents, Ark Invest purchased $13.5 million worth of Block, Inc. stock, $7.6 million worth of Circle Internet Group stock, and $3.86 million worth of Coinbase stock through its various exchange-traded funds (ETFs).
Strategy: If BTC Drops to $74,000 Cost Price, Asset to Convertible Bond Ratio Still at 5.9 Times
Odaily Planet Daily reports that Strategy stated on the X platform that if the BTC price drops to its average cost price of $74,000, the asset to convertible bond ratio would still be 5.9 times. If the BTC price drops to $25,000, that ratio would be 2.0 times.
A ratio of 2.0 means the company still holds twice the amount of Bitcoin assets compared to its debt, and the debt risk remains manageable, with assets fully covering the debt.
Odaily Planet Daily reports that JPMorgan has submitted a proposal for a leveraged structured note product linked to the iShares Bitcoin Trust (IBIT) ETF under BlackRock to regulators. This product will allow investors to bet on the future price of Bitcoin.
According to the prospectus, if the IBIT ETF price is equal to or above a preset price by December 21, 2026, JPMorgan will redeem the note early, with each note (priced at $1,000) paying at least $160.
However, if the price is below the preset price at that time, the note will continue to be held until 2028. In this case (if approved by the SEC), investors will be able to receive 1.5 times the returns from the increase in Bitcoin price, potentially leading to "unlimited" huge returns. This means that if Bitcoin soars by 2028, the amplified gains could be substantial.
However, the document also notes that if Bitcoin's price drops significantly (40% or more), investors will lose most of their initial investment. JPMorgan warns that Bitcoin has historically exhibited higher price volatility compared to traditional asset classes and may continue to experience extreme fluctuations.
Bloomberg ETF analyst James Seyffart stated that it is "very common" for banks to engage in such operations for "any asset you can think of." (Decrypt)
Franklin Templeton Has Submitted 8-A Form for Its Solana Spot ETF
Odaily Planet Daily reports that according to SolanaFloor monitoring, Franklin Templeton, which manages over $1.66 trillion in assets, has submitted an 8-A form to the U.S. SEC for its Solana spot ETF. This document is typically submitted before a product officially launches, with trading activities expected to begin the following day.
Grayscale Submits S-3 Form to Apply for Zcash ETF
Odaily Planet Daily reports that according to market news, Grayscale has submitted an S-3 form to the U.S. Securities and Exchange Commission to apply for a Zcash ETF.
CleanSpark Financial Report: Bitcoin Holdings Valued at $1.2 Billion, Revenue Exceeds $760 Million
Odaily Planet Daily reports that Nasdaq-listed Bitcoin mining company CleanSpark has released its 2025 financial report, disclosing that as of September 30, 2025, the company's total revenue was $766.3 million, a 102.2% increase from last year, with a net profit of $364.5 million.
Additionally, the company holds approximately 13,011 Bitcoins, with a holding value of about $1.2 billion, along with $43 million in cash, mining assets valued at approximately $950 million (including prepaid mining fees and deployed mining machines), and $1 billion in operating funds. (PRNewswire)
Amber International Launches $50 Million Buyback Plan and Reports Q3 Revenue of $16.3 Million
Odaily Planet Daily reports that Nasdaq-listed digital wealth management platform Amber International's board has approved a stock buyback plan of up to $50 million over 12 months, while announcing its unaudited performance for Q3 2025: revenue of $16.3 million, a year-on-year increase of 1,934.6%; gross profit of $11.8 million, with a gross margin of 72.3%; net profit from continuing operations of $2.15 million; Adjusted EBITDA of $2.9 million; and platform client assets reaching $1.842 billion, a year-on-year increase of 69.8%.
Odaily Planet Daily reports that Binance has announced that the Meme leaderboard has been fully upgraded and now supports all tokens issued by http://Four.Meme, including X mode and free mode tokens. It uses optimized Binance wallet exclusive metrics, which will also become one of the important considerations for the launch of Binance Alpha.
Project News
Odaily Planet Daily reports that Uniswap Labs announced on the X platform that the Uniswap fee switch proposal contract has been deployed to the Ethereum mainnet, ready for on-chain voting. Anyone who discovers serious vulnerabilities will be rewarded with up to $15.5 million.
Polygon CEO: Considering Changing POL Token Code Back to MATIC
Odaily Planet Daily reports that Polygon CEO Sandeep stated on the X platform that due to community feedback indicating that the MATIC token code is more recognizable than POL, he is considering whether to request exchanges to change the token code back to MATIC.
Sandeep mentioned that although he personally prefers to maintain the status quo, the feedback he received suggests that project decisions should not be based solely on the views of the crypto community (CT), as CT accounts for less than 5% of the total number of cryptocurrency traders. He expressed a desire to understand the opinions of the broader community but does not guarantee that exchanges will agree to this change.
Investment and Financing
Odaily Planet Daily reports that Nasdaq-listed company Scilex Holding has announced the completion of its second investment in Datavault AI, which will be paid in Bitcoin (based on the spot price of Bitcoin at the time of signing the strategic investment agreement). It is reported that this investment will grant them 263,914,094 shares of Datavault AI common stock, valued at approximately $583.3 million based on the closing price of $2.21 on November 25. (Globenewswire)
Paxos Acquires Crypto Wallet Startup Fordefi for Over $100 Million
Odaily Planet Daily reports that according to Solid Intel monitoring, Paxos has acquired the crypto wallet startup Fordefi for over $100 million.
Pruv Finance Completes $3 Million Pre-A Financing Round, Led by UOB Venture Management
Odaily Planet Daily reports that compliance RWA infrastructure Pruv Finance has announced the completion of a $3 million Pre-A financing round, led by UOB Venture Management, a venture capital firm under United Overseas Bank. Other participants include Saison Capital, Taisu Ventures, Ascent, Spiral Ventures, and Royal Group. The new funds are intended to support the construction of its digital financial platform to help institutional users achieve RWA asset tokenization and on-chain distribution. (fintechnews)
Regulatory Policies
Initial Jobless Claims in the U.S. for the Week Ending November 22: 216,000, Expected 225,000
Odaily Planet Daily reports that initial jobless claims in the U.S. for the week ending November 22 were 216,000, the lowest since the week of April 12, 2025, with an expectation of 225,000. The previous value was revised from 220,000 to 222,000.
The four-week average of initial jobless claims in the U.S. for the week ending November 22 was 223,750, revised from the previous value of 224,250 to 224,750.
Continuing jobless claims in the U.S. for the week ending November 15 were 1.96 million, with an expectation of 1.969 million, and the previous value was revised from 1.974 million to 1.953 million. (Jin10)
SEC's New Guidelines May Accelerate Crypto ETF Approval Process
Odaily Planet Daily reports that the U.S. Securities and Exchange Commission (SEC) has released new guidelines that may accelerate the approval timeline for cryptocurrency exchange-traded funds (ETFs).
These updates were released after a prolonged government shutdown that resulted in a backlog of over 900 pending registration documents. The SEC issued technical guidelines outlining how issuers can advance ETF applications under Section 8(a) and Section 461 of the Securities Act of 1933.
Thailand Implements 0% Capital Gains Tax on Bitcoin Traded Through National Exchange
Odaily Planet Daily reports that The Bitcoin Historian stated on the X platform that Thailand currently implements a 0% capital gains tax on Bitcoin traded through the national exchange.
Bolivia Plans to Incorporate Stablecoins into the National Financial System
Odaily Planet Daily reports that according to market news, Bolivia's Minister of Economy announced plans to incorporate stablecoins into the national financial system, allowing banks to offer crypto-related savings accounts, credit cards, and loans.
Voices
Delphi Digital: BTC Bullish if it Breaks $103,500, Stablecoin Indicators Show Poor Upward Momentum
Odaily Planet Daily reports that Delphi Digital analysts analyzed the current bullish and bearish structures of BTC on the X platform.
The bullish scenario views the current trend as an ABC correction, which needs to be effectively completed and break above $103,500 to be confirmed.
The bearish scenario suggests that any rebound below $103,500 forms a lower high, which would trigger the next wave of decline to complete a full 5-wave downward impulse, after which a larger-scale sustained rebound would occur.
Tom Lee: ETH Price Expected to Reach $7,000 to $9,000 by January 2026
Odaily Planet Daily reports that Tom Lee believes ETH may drop to $2,500 in the short term, but could see a 3 to 4 times increase cycle by January next year, reaching prices of $7,000 to $9,000.
Yilihua: ETH Returns to $3,000, Remains Optimistic About Future Market Trends
Odaily Planet Daily reports that Yilihua stated on the X platform that ETH has returned to $3,000, and the extreme panic sentiment has passed, remaining optimistic about future market trends.
1confirmation Founder: Polymarket Traffic May Exceed Coinbase by 2026
Odaily Planet Daily reports that Nick Tomaino, founder of 1confirmation, stated on the X platform that the prediction market Polymarket has become one of the highest-traffic websites globally, with traffic reaching 15.8 million in October, an 80% increase from August, while Coinbase's traffic declined during the same period. Currently, some large financial institutions are injecting billions of dollars in liquidity into prediction markets, exploring prediction trading in sports, entertainment, culture, and more, with an increasing number of people considering Polymarket a trusted source of information. It is expected that Polymarket's platform traffic will exceed Coinbase by 2026.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
