Author: olivia

The Decentralized Finance (DeFi) sector has suffered a sharp $36 billion contraction since early October. The total value locked (TVL) plummeted from a high of $172 billion to $136.26 billion. This steep drop, coupled with weakening institutional demand for Ethereum, raises serious doubts about ETH’s price trajectory for the rest of November.

Trump Media and Technology Group reported a net loss of $54.8 million. This announcement came during its Q3 Trump Media financial results presentation. The loss occurs despite accumulating a $1.3 billion treasury in Bitcoin. CEO Devin Nunes called the quarter “crucial” for the company’s expansion.

Zenrock, the developer behind zenZEC, has announced a significant milestone. Its wrapped ZEC token reached $15 million in trading volume since its launch on October 31. This development is crucial as it revives the presence of Zcash in the Solana DeFi ecosystem. The solution offers ZEC holders a new path for interoperability and access to Solana’s liquidity.

Ethereum (ETH) faces a complicated path to recovering the $3,900 level. The digital asset fell 11% last week, struggling to hold $3,400. This weakness is largely due to weak spot Ethereum ETF demand and general market caution, according to data from CoinGlass.

Galaxy announced a cut to its Bitcoin price target for 2025 and characterized the market as entering a “maturity era”. This matters because target revisions by institutional managers influence derivatives positioning, treasury decisions and investor perception. The change affects traders, fund managers and corporate treasuries that use forecasts for their allocation.

On November 6, 2025 a strategic alliance was announced between Hadron (Tether’s tokenization platform), Bitfinex Securities and ETF issuer KraneShares to explore the tokenization of ETFs and other real-world assets. The operation seeks to build a comprehensive solution—technology, regulatory framework and distribution channel—aimed at reducing settlement frictions and broadening access, impacting asset managers, institutional investors and secondary markets.

BONK recorded a daily drop of nearly 4% after giving up key levels, which rekindles technical weakness and intensifies selling pressure. This move affects speculative traders and holders with short exposure, and confirms a technical deterioration that, if it persists, could accelerate capital outflows and raise volatility in the Solana ecosystem.

The United Nations Development Programme (UNDP) will launch a global initiative to train governments in blockchain technologies, centered on a “Government Blockchain Academy” developed with the Exponential Science Foundation. The measure seeks to improve transparency and public management across ministries of finance, procurement and climate, extending an internal academy already operational within the UN. The official launch is scheduled for 2025, with first country-level programs beginning in 2026.

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.