Author: olivia

Circle updated its terms of service in early November 2025 and allowed the use of USDC for “legally permissible transactions involving firearms protected by the Second Amendment”, reversing a previous ban that barred operations related to weapons and ammunition. The decision matters because it exposes how stablecoins can be subject to political pressures and affects merchants, users, and lawmakers who are debating the regulatory role of dollar-linked digital currencies.

Ripple announced a strategic $500 million round at a $40 billion valuation led by Fortress Investment Group and Citadel Securities, with participation from Pantera, Galaxy Digital, Brevan Howard and Marshall Wace. The deal reinforces institutional bets on expansion into stablecoins, custody and prime brokerage, with implications for institutional treasuries and digital infrastructure providers.

Despite a severe 12% correction that brought the price of Ethereum (ETH) down to a four-month low of $3,000 in early November, large investors (whales) responded forcefully. Data from on-chain analytics firm Lookonchain reveals an Ethereum accumulation by whales valued at $1.37 billion. This massive purchase, executed in just three days, demonstrates strong conviction in the market’s second-largest cryptocurrency.

Bitcoin mining hardware maker Canaan Inc. has secured a significant $72 million strategic equity investment. The announcement, made on Tuesday, confirms participation from top-tier institutional investors, including Galaxy Digital, Weiss Asset Management, and Brevan Howard Digital. This funding comes at a time when Canaan reinforces mining focus.

TON fell to $1.93 in a session marked by a shift toward lower-risk assets, a dynamic that pressured alternative tokens and investors with direct exposure to altcoins and leveraged positions. In this environment, Bitcoin typically captures relative flows and increases its dominance, while altcoins experience deeper drawdowns and reduced liquidity.

BONK registered a 2.8% advance and is consolidating above the $0.000012 support level, a setup that directly impacts shorts and short-term holders. The move suggests local demand has overcome selling pressure at that threshold, which matters to traders who rely on support/resistance for risk management. Price action is stabilizing, giving the market a clearer reference to calibrate exposure and stops.

The Ethereum community has led a mobilization to protect an ecosystem valued at $100 billion from regulatory and international political pressures. The movement brings together key actors —developers, funds and infrastructure providers— whose coordination can affect liquidity, governance and market confidence. The effort impacts users, institutional investors and projects that depend on the network’s interoperability.

Trent Merrin, a former Australian rugby league player, was arrested this Tuesday at his Barrack Point home. The New South Wales Police accuse him of an alleged cryptocurrency theft in Australia valued at $140,000 AUD (about $91,000 USD). The arrest follows a full year of police investigation.

Metaplanet, a Tokyo-listed firm, executed a $100 million drawdown on October 31. This comes from a $500 million credit facility. The move utilizes Metaplanet’s Bitcoin-backed loan to fund new acquisitions of BTC and expand its options business. Company management confirmed the operation.

The cryptocurrency market suffered severe turbulence in the last 24 hours. The total capitalization fell by 4%. This triggered massive liquidations of $1.3 billion in leveraged cryptocurrency positions. However, one expert trader secured millions in profits by betting against the market.