Ethereum’s Fusaka upgrade goes live on December 3, enhancing transaction throughput for layer-2 chains. Grayscale will convert its Chainlink trust into an ETF on December 2. #Update #Crypto $ETH $LINK
Mainland China vows to intensify its crackdown on virtual currencies, labeling all related activities as illegal financial operations, while Hong Kong supports crypto initiatives. #Update #Crypto $BTC
Bitcoin ($BTC) is pricing in a recessionary growth outlook, diverging sharply from macroeconomic indicators, trading at $90,559, down 3% year-to-date. #Update #Crypto $BTC
The $80,000 put option leads Bitcoin’s options market with over $2 billion in open interest, surpassing the $85,000 put at $1.97 billion; the $140,000 call drops to $1.56 billion. #Update #Crypto $BTC
Bitcoin rebounds 2.7% to $86,466 after extreme oversold signal; XRP jumps 7.7% to $2.04, ZEC surges 14.1% to $574.05 amid $206M in liquidations #Update #Crypto $BTC $XRP $ZEC
Japanese Prime Minister Sanae Takaichi’s cabinet approved a $135.4B stimulus package, yet Bitcoin ($BTC) fell 0.8% to $85,480 amid inflation concerns. #Update #Crypto $BTC
@Securitize is partnering with @Plume to launch institutional-grade assets on its Nest staking protocol, targeting $100 million in capital by 2026. #Update #Crypto $BTC
@SGX Derivatives will launch bitcoin $BTC and ether $ETH perpetual futures on Nov. 24, enhancing institutional access to crypto markets with traditional margining and clearing. #Update #Crypto $BTC $ETH
Bitcoin ($BTC) drops nearly 10% in a week, breaching its 50-week SMA, shifting from bullish to bearish sentiment as previous support turns into resistance. #Update #Crypto $BTC
Bitcoin fell to $93,792.29, its lowest since May, amid extreme fear sentiment as the Crypto Fear & Greed Index hit 10; analysts warn of potential declines toward $83,500. #Update #Crypto $BTC
On Nov. 15, Bitcoin traded at $95,234, up 0.9% in 24 hours; year-to-date, BTC is up 1.93%, contrasting with S&P 500’s 14.75% and Nasdaq’s 18.77% gains. #Update #Crypto $BTC
Canary Capital’s XRPC ETF, linked to $XRP, debuted with $58M in trading volume, the highest for any ETF this year, indicating strong institutional interest in altcoins. #Update #Crypto $XRP
$ETH shows relative strength at $3,230 while $BTC drops over 2% to $97,200, boosting the ETH/BTC ratio by more than 2%, indicating potential bullish momentum. #Update #Crypto $ETH
Large traders diverge in crypto options strategies: BTC investors use non-directional plays, while XRP traders short strangles, betting on reduced volatility amid macro uncertainties. #Update #Crypto $BTC $XRP
