BNY Mellon launched on November 13, 2025 the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), a government money market fund designed for stablecoin issuers and institutional clients to hold liquid, regulated reserves. The relevance lies in connecting stablecoin reserves with U.S. Treasury assets under the framework of the GENIUS Act, impacting issuers, custodians and institutional liquidity managers.
Author: ethan
ethan
Ethan Moore follows the faster-moving corners of crypto, from altcoins and AI crypto to gaming, NFTs, launchpads and airdrops. His reporting looks at what is actually live, what users can participate in and whether early attention is backed by product development, community activity or verifiable traction.He regularly contributes context on Layer 1 developments and Web3 or DeFi trends connected to broader ecosystem growth.
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Zcash (ZEC) is showing renewed strength following a sharp bounce in the last 24 hours, hinting at a repeat of a recent market pattern. This recovery could cost bearish traders $30.8 million, significantly increasing the risk for Zcash short sellers betting against the rally.
The DeFi (decentralized finance) derivatives platform Hyperliquid has suffered a coordinated blow. The attack resulted in nearly $5 million in losses from its Hyperliquidity Provider (HLP) vault. What is extraordinary about the event is that the attacker deliberately sacrificed $3 million of their own funds to execute the manipulation.
Bitcoin (BTC) is trading near $102,100. Investors are weighing mixed signals across markets. Corporate Bitcoin holdings continue to expand, although MicroStrategy’s dominance is slipping. Analysts are closely watching a potential Bitcoin breakout above $104,000. This move could trigger the digital asset’s next rally.
JPMorgan launched its deposit token JPM Coin on Coinbase’s public Base network, marking—according to Bloomberg and cited statements—the first live deployment of regulated bank money on a public blockchain. The move enables institutional clients to transfer dollars instantly, 24/7, while preserving the bank’s KYC/AML controls, primarily impacting treasuries, correspondent banks and digital asset platforms.
The price of BNB recovered the $970 level this November 12, 2025. This occurred after a momentary dip below that key support. The swift recovery reflects the BNB token volatility and persistent demand. Data from exchanges like Binance.US and Coinbase confirmed the move, which impacts the entire BNB Chain ecosystem.
Circle, the issuer of the USDC stablecoin, announced its third-quarter financial results. The company reported $740 million in revenue and reserves. This figure surpasses analyst forecasts and includes the Circle Q3 2025 revenue. Jeremy Allaire, Co-founder and CEO of Circle, highlighted the increasing adoption of USDC and its platform.
Arjun Sethi, co-CEO of Kraken, has harshly criticized the current UK crypto regulations. During an interview with the Financial Times, Sethi argued that the current framework, in effect since October 2023, harms customers. He stated that the rules worsen the customer experience instead of protecting them.
Visa has taken a fundamental step into blockchain-based finance. The company revealed a new pilot program this Wednesday. It allows direct payouts using Circle’s USDC stablecoin. The initiative, announced at the Web Summit in Lisbon, is designed for freelancers, creators, and gig workers globally. The goal is to facilitate cross-border payments with stablecoins almost instantly.
XRP’s technical and on-chain signals suggest a significant bullish breakout. Analyst Milkybull shared a chart on Tuesday identifying an XRP cup-and-handle pattern. This classic formation aims for a $5 target by the end of 2025.
