Author: olivia

Paxos closed the acquisition of Fordefi for more than $100 million, a move aimed at reinforcing its custody services and its offering to institutional clients in DeFi. The transaction places Paxos in a more competitive position in regulated infrastructure, with a focus on security and compliance.

Naver Financial, together with Hashed and BDAN, is preparing the launch of a stablecoin wallet called Bidan Jumoni in Busan, scheduled for December 2025. The project aims to convert the regional Dongbaek-jeon system into a digital stable currency to facilitate real-time settlements and expand integration with Naver Pay Wallet.

Bitcoin has stabilized around the 87,000 dollar level this Tuesday, coinciding with a firm opening of Asian markets. This positive behavior responds directly to the renewed optimism for rate cuts that has permeated global sentiment, driven by recent comments from Federal Reserve Governor Christopher Waller.

Grayscale officially launched operations today for its new exchange-traded fund, the Grayscale XRP Trust ETF (GXRP), marking a significant milestone before the Thanksgiving holidays. This event has generated an immediate positive shift in the XRP price prediction, attracting the attention of big capital. As announced by the management firm itself on its official channels, the product is now available to investors, joining the race for institutional adoption of the asset.

Scott Kupor, head of the Office of Personnel Management (OPM), recently confirmed to the media the definitive closure of the Department of Government Efficiency (DOGE). Despite this fundamentally negative news, the Dogecoin price prediction shows an unexpected and resilient positive turn in current financial markets. This fact marks a notable disconnect between political events in Washington and the speculative behavior of the digital asset.

In a move that defies the general bearish trend of the market, investment products recorded massive Solana ETF inflows totaling 510 million dollars recently. According to data reported by the analytics platform SoSoValue, this flow of institutional capital occurs precisely while Bitcoin faces significant outflows, marking a clear and notable divergence in the risk appetite of large traditional investors.

Upbit —operated by Dunamu— is preparing a listing on Nasdaq after completing a merger with Naver Financial that, if realized, would create a large-scale group within South Korea’s digital ecosystem. The transaction is structured as a stock-swap with board meetings scheduled for November 26, and the report points to a combined valuation that could range between $13,8.000 millones and $34,5.000 millones after the public offering. This move redefines the entity’s roadmap toward international markets and frames the next phase of expansion.

Pump.fun moved around $436 million in USDC to exchanges like Kraken and Circle since mid-October, a flow that on-chain analysts interpreted as a large “cash-out.” The movement coincided with a 22–24% drop in the PUMP token below its ICO price, reigniting concerns among the community. The combination of the transfers and official silence rekindled doubts about transparency and the platform’s business model.

An impending Hyperliquid token unlock valued at 314 million dollars has raised alarms in the decentralized market. Arthur Hayes, co-founder of BitMEX, warns that this event scheduled for Saturday will bring inevitable selling pressure, regardless of internal team promises regarding asset retention.

Lead China has staged a surprising return to the global crypto stage, reclaiming its position as the third-largest hub for Bitcoin mining in the world. According to a recent Reuters report, the Asian giant now controls approximately 14% of the global hashrate, defying the official ban imposed in 2021. This resurgence is driven by operators taking advantage of excess energy and robust data infrastructure in key provinces.