From dominance to ban: The 2021 crackdown China played a pivotal role in global Bitcoin (BTC) mining, accounting for approximately 65% of the world's hashing power in 2020, according to the Cambridge Bitcoin Electricity Consumption Index. However, in 2021, the Chinese government took decisive action to curb mining activities, citing concerns over financial risks, capital flight, and high electricity consumption. In September of that year, the People’s Bank of China officially declared all cryptocurrency transactions illegal, reinforcing a nationwide ban on mining operations. The immediate fallout was a significant drop in the global Bitcoin hash rate, as many Chinese miners shuttered operations or relocated their hardware to countries like the United States, Kazakhstan, and Russia. Despite China's ban, overall electricity consumption by Bitcoin miners continued to climb, driven by a surge in mining activity elsewhere. Global electricity usage for Bitcoin mining increased from 8...

BlackRock, one of the world’s leading asset managers, has significantly ramped up its crypto investments, purchasing $589 million in Bitcoin (BTC) and Ethereum (ETH) from Coinbase (NASDAQ: COIN) in just three days. According to data from Arkham, BlackRock acquired 4,044 BTC and 80,121 ETH, signalling a growing interest in digital assets amid a recovering market and increased institutional trading. BlackRock received 300 $BTC , worth $27.51M, and 16,629 $ETH , worth $50.64M, from #Coinbase , in the past 10 mins. In the past 3 days, they have received 4,044 $BTC worth $354M and 80,121 $ETH worth $235M https://t.co/a9ele6V370 pic.twitter.com/kbZIxRMGdm — Onchain Lens (@OnchainLens) November 28, 2025 The recent transactions are part of BlackRock’s broader strategy to expand its digital asset exposure. The $589 million worth of BTC and ETH translates to approximately $354 million in Bitcoin and $235 million in Ethereum based on their current market values. These purchases are among the l...

Cardano's top institutions have submitted a proposal requesting 70 million ADA from the network's Treasury. This funding aims to support a set of core integrations planned for the 2026 roadmap. According to the institutions, the upgrades are crucial to enhance Cardano’s infrastructure, which is essential for growth in decentralized finance, institutional participation, and real-world assets. The proposal centers on five key pillars that the coalition believes are necessary for Cardano's future. These pillars include onboarding tier-one stablecoins, providing institutional-grade custody solutions, enhancing on-chain analytics, integrating cross-chain bridges, and implementing internationally recognized pricing oracles. The goal is to make Cardano more robust and scalable, ensuring its competitive edge in the rapidly growing blockchain space. Treasury Request Under Review The amount of funds requested remains confidential for now, as it can only be disclosed with approval fro...

Tether Holdings has officially suspended all its Bitcoin mining activities in Uruguay. The company cited electricity tariffs that proved unsustainable despite the country’s near-100% renewable energy grid. The decision ends a two-year push into what was once seen as one of Latin America’s most promising renewable-powered mining hubs. “We can confirm that we have paused operations in Uruguay,” a Tether spokesperson said. “Tether remains committed to building long-term initiatives in Latin America, especially projects that harness renewable energy. We continue to evaluate the best way forward in Uruguay and the region more broadly.” The decision to suspend its operations is as a direct result of failed negotiations with state-owned utility UTE over high-voltage electricity tariffs. Sources familiar with the talks said rates were between $60 and $180 per megawatt-hour, which is more expensive compared to other competing jurisdictions, making Tether’s operations in Uruguay economically un...

Introduction Crypto veteran Arthur Hayes has issued a cautionary warning regarding Monad, a newly launched layer-1 blockchain, suggesting it could decline by as much as 99%. Despite initial enthusiasm, Hayes remains skeptical about its long-term prospects amidst concerns over its valuation and structure. Conversely, he maintains a bullish outlook on the broader cryptocurrency market, driven by anticipated monetary expansion and institutional adoption. Key Takeaways Arthur Hayes warns that Monad could experience a 99% drop, citing its high fully diluted valuation and vulnerable tokenomics. He predicts most new layer-1 blockchains will fail, with only a select few like Bitcoin, Ether, Solana, and Zcash likely to endure. Hayes remains optimistic about the market, citing renewed liquidity injections and global credit expansion as positive catalysts. He anticipates privacy coins and zero-knowledge systems will become central themes, with Ethereum-based solutions gaining traction among insti...

Crypto Market Sentiment Shows Signs of Recovery After Extended Bearish Period After nearly three weeks at the lowest levels of a widely-followed sentiment index, the crypto market appears to be stabilizing, with early indications of improved investor confidence. The Crypto Fear & Greed Index, which gauges overall market sentiment, registered a "Fear" score of 28 on Saturday — its first non-"Extreme Fear" reading since November 10. This shift hints at a potential bottom in the market, offering cautious optimism amid ongoing volatility. Key Takeaways Market sentiment has shifted from extreme fear toward a more neutral outlook, as evidenced by the Fear & Greed Index. Historical patterns suggest that "Extreme Fear" readings often mark local market bottoms, providing hope for potential rebounds. Broader social media and sentiment indicators indicate increasing bullishness for Bitcoin, especially after it approached $92,000. Despite these positive signal...

Ethereum Eyes Substantial Gas Limit Increase to Enhance Network Capacity Ethereum development insiders reveal that plans are underway to significantly raise the network’s gas limit amidst ongoing upgrades. The proposed baseline of 180 million in gas capacity is viewed as a minimum target, with industry experts considering the possibility of surpassing it as Ethereum continues to evolve towards greater scalability and efficiency. Key Takeaways Ethereum core developers aim for at least a threefold increase in gas limits in the coming years. Some experts discuss a potential fivefold boost, reflecting ambitions for enhanced network throughput. Adjustments in transaction pricing could facilitate higher gas limits by rebalancing costs across operations. The upcoming Fusaka upgrade is poised to introduce critical scalability improvements scheduled for December. Tickers mentioned: Ethereum Sentiment: Optimistic Price impact: Neutral. The focus is on technological upgrades rather than immedi...

Bitcoin’s Potential Upside Amid Macro Uncertainty Bitcoin could be poised for substantial gains despite current market pressures, according to leading crypto researcher André Dragosch of Bitwise Europe. He highlights that the current risk-reward profile mirrors the conditions seen during the COVID pandemic, suggesting an asymmetric upside potential if macroeconomic conditions improve. Key Takeaways Bitcoin’s current valuation reflects a highly bearish global economic outlook, with market pricing in recession fears amid aggressive U.S. monetary tightening. Despite recent declines, several analysts believe Bitcoin is poised for a rebound, citing historical patterns and macroeconomic support. Market sentiment remains mixed, with some traders optimistic about a recovery, while others remain cautious due to macroeconomic uncertainties. Broader economic signals imply that macro conditions could eventually favor risk assets like Bitcoin, potentially fueling a significant rally. Tickers mentio...

United Kingdom Enhances Crypto Transaction Reporting with New Domestic Regulations The United Kingdom is set to impose new reporting requirements on domestic cryptocurrency platforms starting in 2026, marking a significant step toward increased regulatory oversight. This move expands the scope of the current Cryptoasset Reporting Framework (CARF), enabling HM Revenue & Customs (HMRC) to access comprehensive transaction data from both local and international sources for UK-resident users. The updated framework aims to bolster tax compliance and curb illicit activity in digital assets ahead of its scheduled international data exchange in 2027. Key Developments in Crypto Regulatory Oversight UK authorities will require crypto service providers to perform due diligence, verify identities, and report detailed transaction data annually, aligning domestic reporting with global standards. The expansion aims to prevent cryptocurrencies from becoming an “off-CRS” asset class, which would all...

CoinShares Withdraws SEC Application for Staked Solana ETF Amid Market Challenges Asset management firm CoinShares has officially withdrawn its application with the U.S. Securities and Exchange Commission (SEC) to launch a staked Solana exchange-traded fund (ETF). This development follows the discontinuation of the underlying structuring deal and asset purchase, as stated in the SEC’s filing, which clarifies that no shares were issued or will be issued under this registration. The concept of a staked Solana ETF gained notable attention after REX-Osprey launched the first such product in June, followed by Bitwise’s version in October. Despite strong investor interest—Bitwise’s ETF attracted nearly $223 million on its debut—the market faced headwinds. The price of Solana ( SOL ) has struggled to maintain momentum, with prolonged downtrends since peaking above $250 in September. Net inflows into Solana ETFs since Nov. 10. Source: CoinGlass While investor appetite for Solana ETFs ...

Crypto Markets Rebound as Investors Anticipate Federal Reserve Policy Shift This week, the cryptocurrency sector experienced a notable recovery, reversing four weeks of decline, driven by renewed optimism around U.S. monetary policy and liquidity influx. Bitcoin notably surpassed the $90,000 threshold, providing a positive signal for traders and ETF holders alike. Meanwhile, industry leaders like Cathie Wood reaffirmed their bullish outlook, maintaining a $1.5 million target for Bitcoin by 2030 amidst changing economic conditions. Key Takeaways Bitcoin reinstates its bullish momentum by crossing the $90,000 level amid rate cut expectations. Investor sentiment is boosted by increased liquidity and the upcoming end of quantitative tightening. ARK Invest's Cathie Wood persists with a $1.5 million Bitcoin target despite recent market corrections. UK proposes a DeFi tax framework aimed at reducing compliance burdens while enhancing clarity. Tickers mentioned: Bitcoin, ETH, RAIN Sentime...

Introduction The blockchain landscape is rapidly evolving, with new protocols emerging to challenge established giants. Canton Network, a next-generation layer one protocol, is gaining significant attention for its focus on institutional utility and privacy-preserving features, all while taking a cautious, deliberate approach to development and growth. Key Takeaways Canton Network aims to serve large-scale financial institutions with a focus on interoperability and privacy. The protocol opted out of an ICO, emphasizing thoughtful tokenomics and strategic development. Major funding rounds and corporate backing signal strong industry interest and potential for real-world asset integration. Privacy remains a core component, with Canton implementing a need-to-know information-sharing model suitable for regulated environments. Tickers mentioned: $COIN, $RWA, $CC Sentiment: Bullish Price impact: Positive. Developer patience and significant funding suggest confidence in long-term growth. M...

24 November 2025 -  Animoca Brands  today announced it has received in-principle approval (IPA) from the  Financial Services Regulatory Authority (FSRA)  of ADGM, the international financial center of Abu Dhabi, the Capital of the UAE, to operate as a regulated Fund Manager. Subject to the fulfillment of conditions and final regulatory approval, Animoca Brands will be authorized to carry out the activity of Managing a Collective Investment Fund in or from the ADGM. Animoca Brands is a global digital assets leader building blockchain and tokenized assets to advance the future of Web3 innovation. The company has three integrated business pillars: Web3 businesses to advance blockchain adoption, digital asset advisory services, and investment management, with a portfolio of investments in over 600 companies. Animoca Brands is in a process of expansion in the Middle East, where it already has a presence in Dubai to support Web3 activity in the region. The IPA announced today marks a step fo...

In one of the most complex DeFi attacks of 2025, Balancer protocol lost more than $128 million on November 3, 2025, when hackers exploited a hidden vulnerability in its v2 Stable Pools. The attack targeted the rounding mechanism of the "upscale" function for EXACT_OUT swaps, which allowed invalid upward rounding through manipulated inputs and batched transactions that drained the funds repeatedly in a single block.  The Balancer decentralized autonomous organization has now introduced a formal governance proposal to distribute $27.7 million in recovered assets to users that were affected in the November 3 hack. WETH, osETH, and wstETH were some of the assets siphoned across multiple chains: Ethereum, which suffered the biggest loss at $99 million, with additional losses across Arbitrum, Base, Berachain, Optimism, Polygon, and Sonic. Despite eleven audits that were carried out by four separate security companies, the vulnerability remained undetected until the exploit happene...

Internet Computer’s ICP token remained range-bound on Friday, November 28, 2025, trading around $4.14, at a time the overall crypto market is experiencing one of the most pronounced fear episodes in 2025. The token surged by 1.79% over the last 24 hours and was down 4.68% in the last seven days, with its market capitalization holding at $2.22 billion and daily spot volume around $114.36 million. ICP has lost approximately 47% since mid-October highs above $9. Although technical indicators reveal caution. The daily RSI is at 35.06, below the 50 midpoint and moving closer to oversold territory, while the MACD is negative at -0.28, but its flat histogram shows waning downward pressure. The token’s price action is trapped below a zone of key EMAs between $4.33 and $4.65, with the $4.00 level acting as immediate support. The lower Bollinger Band on the daily chart is near $3.10, while the pivot point at $4.04 keeps the short-term structure neutral. ICP’s trading volume has fallen 15% in th...

CME halted major futures and FX trading after a cooling failure stopped Globex price feeds. Brokers reduced exposure and relied on internal pricing as key benchmarks went offline. CME expects to launch new Solana and XRP futures on December 15, pending approval. The world's biggest exchange operator, CME Group, has halted trading across its leading futures and foreign-exchange platforms after a cooling malfunction disrupted operations at the CyrusOne data centre supporting its systems. Massive Outage Stalls Key Benchmarks Across Markets According to Reuters on Friday, the disruption triggered a widespread freeze on CME’s Globex platform, blocking price updates for core benchmarks, including the S&P 500, Nasdaq 100, key Treasury contracts, and major currency pairs. Market participants received the halt notice shortly before 0300 GMT. Moreover, the stoppage also extended to the EBS foreign-exchange venue, where nearly $60 billion in spot FX trades were conducted daily in...

Ethereum Whales Maintain Steady Accumulation Amid Market Decline Despite a recent market downturn, the largest Ethereum holders continue to accumulate the cryptocurrency, signaling confidence among the most affluent investors. Notably, a long-term participant from the Ethereum ICO cycle recently realized a significant profit while maintaining a bullish stance on the asset’s potential. In a noteworthy transaction, an ICO participant sold approximately $60 million worth of Ether after holding the tokens since the early days of the network. Originally purchased at around $0.31 per token—totaling $79,000 for 254,000 ETH—the holdings are now valued at over $757 million, reflecting a 9,500-fold return. According to blockchain analysis from Lookonchain, the seller’s wallet, which was once laden with over 250,000 Ether, has been gradually reducing its holdings since September, now holding roughly $9.3 million worth of ETH. Ethereum ICO participant wallet 0x2Eb, token holdings, one-year...

Introduction Bitcoin has experienced a cooling in its recent relief rally, which saw the asset climb to around $91,000. Despite this pause, analysts maintain a bullish outlook for the short term, emphasizing that Bitcoin's trend remains upward. Critical resistance levels and trading volumes are closely watched as market participants gauge the next move. Key Takeaways Bitcoin must break through immediate resistance between $92,000 and $95,000 to sustain its upward momentum. Revival of spot trading volume and overall activity is essential for Bitcoin to retake the six-figure territory. Market sentiment focuses on holding support in the $83,000–$85,000 range to establish a base for further gains. Key resistance zones exist at $97,000–$98,000, with broader obstacles around $100,000 and above. Market Dynamics and Resistance Levels The BTC/USD pair has traded within a narrow range between $90,300 and $92,000 since rebounding from multi-month lows near $80,000, according to data from Coin...

United Arab Emirates (25 November 2025) - Emirates Gold, one of the UAE’s most trusted and established precious metals refineries, in collaboration with Public Gold, Malaysia’s leading fintech-driven gold solutions provider, has announced the launch of the world’s first fintech-enabled Gold ATM in the UAE. The unveiling took place at the landmark 13th edition of the Dubai Precious Metals Conference (DPMC) 2025 at Atlantis, The Palm, marking a major innovation milestone for both the UAE and the global gold industry. The launch was inaugurated by Mr. Ahmed Bin Sulayem , Executive Chairman and CEO of the Dubai Multi Commodities Centre, alongside Mr. Abhijit Shah , CEO of Emirates Gold, and Mr. Jerry Ng , Chief Marketing Officer of Public Gold. DMCC, established in 2002, remains central to positioning the UAE as the world’s most trusted hub for commodities and precious metals. The introduction of this ATM strengthens the nation’s digital-to-physical gold infrastructure, aligning with the...

South Korea Enacts Stringent AML Measures to Combat Crypto-Related Crimes South Korea is intensifying its efforts to prevent money laundering and other illicit activities within the cryptocurrency sector by expanding its anti-money laundering (AML) regulations. The government plans to extend the scope of the Travel Rule to transactions involving less than 1 million won (approximately $680), aiming to close existing loopholes exploited by malicious actors. Key Takeaways South Korea is planning to enforce AML regulations on smaller crypto transactions to combat money laundering. The new rules target the use of cryptocurrencies for drug trafficking, tax evasion, and overseas payment schemes. Offshore exchanges considered high-risk will face restrictions, including being blocked from interacting with South Korean users. Enhanced oversight will include more rigorous financial health reviews of virtual asset service providers and restrictions on individuals with criminal records from holding...

In March 2026, Dubai (UAE) will once again host entrepreneurs, innovators, and thinkers from around the globe. Following the successful Megacampus Summit Dubai 2024, which entered the Guinness World Records as the largest lecture event in the world, the city is ready for a new meeting of leaders. On March 6-7, 2026, the Coca-Cola Arena will once again open its doors to 13,000 ambitious participants from 75 countries. Megacampus Summit Dubai 2026 is already being called the birthplace of the future. The Greatest Minds of Our Time on the Megacampus Stage This year, Megacampus will introduce you to the best speakers. Their achievements inspire millions and define modern trends. Robert Greene , the author of worldwide bestsellers such as "The 48 Laws of Power," "The Laws of Human Nature," and "The Art of Seduction," is recognized as one of the most influential strategists of our time. At the Megacampus Summit, he will reveal the secrets of the psychology of po...

Security researchers disclosed that Crypto Copilot, a Chrome extension, has been consistently skimming SOL from users trying to swap on Raydium . Instead of directly draining wallets, the extension attaches a hidden transfer instruction to legitimate transactions, siphoning at least 0.0013 SOL or 0.05% of the trade value directly into the wallet of an attacker. How the Hidden Transfer Slipped Past Wallet Screens   The extension, launched on the Chrome Web Store on June 18, 2024, by a developer account listed as “sjclark76,” positioned itself as the perfect companion for traders glued to X, promising instant swaps directly from the feed by integrating with DexScreener for pricing, Helius for blockchain access, and mainstream wallets like Phantom and Solflare. When a user initiates a swap, the extension silently modifies the transaction before it ever reaches the wallet.  The malicious code injects an additional SystemProgram.transfer instruction that routes funds to a hardcoded recipie...