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President Donald Trump will announce his pick for the next Federal Reserve Chair in early 2026, with Kevin Hassett as a leading candidate amid ongoing speculation about monetary policy changes. #Update #Crypto $BTC
@Grayscale has launched the first U.S. Chainlink exchange-traded product, GLNK, on NYSE Arca with zero management fees, providing regulated access to $LINK’s infrastructure. $LINK rose over 11% post-announcement. #Breaking #Crypto $LINK (+7) ↗
@Kraken has agreed to acquire Backed Finance, enhancing its xStocks product as tokenized equities gain traction. The deal positions Kraken for a 2026 IPO. #Update #Crypto $BTC
@Vanguard will allow trading of crypto ETFs for $BTC, $ETH, $XRP, and $SOL starting December 2, marking a shift in stance on digital assets. #Update #Crypto $BTC $ETH $XRP $SOL
The US Federal Reserve injected $13.5 billion into the banking system via overnight repurchase agreements, marking the second-largest liquidity boost since 2020, impacting Bitcoin ($BTC) and MSTR stock. #Update #Crypto $BTC
The U.S. FDIC plans to release draft rules this month for stablecoin issuers under the GENIUS Act, establishing a federal oversight framework for the industry. #Breaking #Legal $USDT
Spot Solana ETFs experienced a record outflow of $13.55M, while spot XRP ETFs saw inflows of $90M, indicating institutional shifts towards altcoins; SOL price rose 3% to $127.53. #Update #Crypto $SOL $XRP
Bitcoin rebounds over 2% to $86,970 as Fed Chair Jerome Powell avoids comments on monetary policy; December rate cut odds fluctuate amid mixed economic data. #Update #Crypto $BTC
@Grayscale has received approval to launch the first spot $LINK ETF, marking its third fund in two weeks amid increasing token adoption. The ETF will provide regulated access to $LINK on NYSE Arca. #Update #Crypto $LINK
A congressional report by Representative French Hill alleges federal regulators restricted the U.S. crypto industry, causing over 30 firms to lose banking access, paralleling Operation Choke Point. #Update #Crypto $BTC $ETH
@Kalshi has launched tokenized prediction markets on $SOL, enhancing trading speed and privacy, while challenging Polymarket. The shift supports regulatory compliance and deeper liquidity amid rising demand. #Update #Crypto $SOL
@MicroStrategy’s stock $MSTR fell over 7% to around $164 as Peter Schiff predicts its downfall, citing the company’s need for USD reserves amid fears of selling BTC at lower prices. #Update #Crypto $MSTR
Legendary trader Peter Brandt warns of a potential Bitcoin crash below $58K, as BTC drops 6% to $85,653 amid a 5% decline in the global crypto market cap to $2.92 trillion. #Update #Crypto $BTC
Sony Bank plans to launch a U.S.-dollar-pegged stablecoin by 2026, integrating it into its entertainment platforms to facilitate payments, amid regulatory concerns from U.S. banking groups. #Update #Crypto $XRP
