• Consob has urged VASPs to secure CASP approval or shut down by December 30, 2025.
• This comes as the deadline for transitioning to new MiCAR policies approaches.
• Unauthorised operators will halt their services and return user assets.

Italy’s financial regulator Consob has issued an urgent call to digital assets investors and operators as the nation moves closer to adopting MiCAR policies.

According to the late yesterday press release, Consob emphasised December 30, 2025, as the last day VASPs (Virtual Asset Service Providers) operating under the existing regime will be able to serve without full approval.

Consob has warned that operators who fail to follow this transition risk a ban.

Thus, any VASP operating in Italy should adhere to the EU’s Markets in Crypto-Assets Regulation or exit the marketplace.

The press release highlighted:

30 December 2025 is the last day on which Virtual Asset Service Providers (VASPs, operators currently offering virtual asset services, such as cryptocurrency exchanges) registered with the OAM (the Organismo Agenti e Mediatori, or Agents and Brokers Organisation) can continue to operate.

MiCAR resets Italy’s regulatory rulebook

Italian regulators have only wanted VASPs to secure the OAM (Organismo Agenti e Mediatori) certificate to operate seamlessly over the years.

Meanwhile, MiCAR brings tougher rules, with only fully licensed Crypto-Asset Service Providers (CASPs) permitted to serve the European Union.

Meanwhile, the authorisation procedure involves operational checks, client protection requirements, supervisory controls, and existing monitoring. That’s far stricter than the previous model.

Consob stressed that VASPs will only operate if they apply for CASP certification in Italy or any other European Union Member State by December 30.

Operators who submit applications by this deadline can keep offering services until the final decision, but all entities should adhere to MiCAR by June 30, 2026.

What’s next for investors?

Consob has warned both operators and day-to-day cryptocurrency users.

Investors should promptly confirm whether their desired service provider plans to adhere to the new policies and requirements.

Here, they can monitor two crucial things.

First and foremost, investors should check whether the operator has published its MiCAR transition plans.

Secondly, investors should verify the provider’s regulatory status after the deadline.

VASPs that don’t apply or fail to secure approval will not operate in Italy after December 30, and customers can request a return of their assets upon such developments.

Meanwhile, Consob confirmed warning operators multiple times during the transition phase, highlighting updates in September last year, July 2025, and the October 31 notice to companies still holding only the OAM certificate.

While some operators view MiCAR as the pathway for regulated, international operations, others consider the new regulation as the end of the road.

Meanwhile, digital assets investors should stay alert, check the provider’s regulatory status, and act before the new MiCAR regulations lock them out or pressure them with last-minute withdrawals.

The post Italy orders non-compliant VASPs to exit as MiCAR rules kick in appeared first on CoinJournal.

• Grayscale has launched the first US spot LINK ETF today.
• HYPE rallies after Sonnet shareholders authorize Hyperliquid DAT’s merger.
• ASTER gains more than 13% on a new collaboration with WLFI.

Cryptos rebounded on Tuesday as the value of all tokens increased by more than 6% to $3.06 trillion.

Bitcoin has reclaimed $90,000 as Ethereum trades above $3,000.

This article evaluates three altcoins, Chainlink, HYPE, and ASTER, that remained in the spotlight today for various reasons.

Grayscale’s spot Chainlink ETF goes live

Grayscale has officially converted its Chainlink Trust to an ETF today, introducing the first-ever US exchange-traded fund.

The debut has met considerable anticipation among the cryptocurrency community as many view Chainlink’s oracle infrastructure as crucial to tokenized real-world assets (RWA) and decentralized finance (DeFi).

Commenting on GLINK’s debut, Grayscale’s ETF official Inkoo Kand said:

Chainlink’s decentralized oracle network is setting the market standard for verifiable data and cross-chain connectivity that underpins tokenization and DeFi across public blockchains. With GLINK, investors can gain exposure to this foundational infrastructure in the familiar ETP wrapper.

Meanwhile, GLINK will simplify institutional access to Chainlink, allowing traditional investors to interact with crypto without directly handling the token.

LINK reacted positively to the ETF news, gaining more than 12% to trade at $13.32.

HYPE gains 10% after key milestone

HYPE soared more than 10% over the past 24 hours after Sonnet confirmed a crucial structural breakthrough.

According to today’s, December 2, press release, the company’s shareholders have approved the decision to introduce Hyperliquid Decentralized Autonomous Treasury (DAT).

Sonnet BioTherapeutics Holdings, Inc. Announces Stockholder Approval of Proposed Business Combination with Hyperliquid Strategies Inchttps://t.co/tzF9O6EgSM $SONN pic.twitter.com/cOT6JSp2ai

— Sonnet Bio (@SonnetBio) December 2, 2025

The plan involves Sonnet merging with Rorschach I LLC to form a unified entity called Hyperliquid Strategies.

Most importantly, the new firm plans to raise $1 billion to buy HYPE.

The massive bet signals unwavering institutional trust in the altcoin.

HYPE is hovering at $33.03 after gaining over 10% within the past 24 hours.

ASTER rallies after WLFI alliance

Aster’s native coin also recorded impressive price actions, gaining over 13% within the last 24 hours.

The upside momentum coincided with a strategic collaboration with Donald Trump-affiliated World Liberty Financial.

Aster founder and CEO Leonard announced the alliance at the fintech and crypto conference in Dubai.

Under this agreement, the decentralized exchange will integrate WLFI’s USD1 – a move designed to enrich the stablecoin’s adoption.

The altcoin is trading above the $1 psychological level after gaining over 13% on its daily price chart.

ASTER eyes further rallies, but declining 24-hour trading volumes highlight weakness.

Meanwhile, the broader crypto market remained elevated today, recovering from sharp dips in the past few sessions.

Bitcoin has gained over 7% on its daily price chart, while Ethereum increased by 10%.

Quantitative tightening ending and renewed ETFs interest fuel the current upside momentum.

The post Altcoins today: Grayscale’s LINK ETF debuts; HYPE and ASTER soar up to 13% appeared first on CoinJournal.

• The company is set to launch the first US spot LINK ETF this week.
• Grayscale plans to convert its existing LINK trust into an ETF.
• LINK price remains under pressure amid broader bearishness.

The cryptocurrency market is trading in the red on Monday, with the value of all digital tokens down by 5% the past day to $2.94 trillion.

While risk-off mood dominates the landscape, Grayscale Investment is preparing to debut the first US spot Chainlink exchange-traded fund.

ETF expert Nate Gerace expects the product to arrive this week, marking a crucial milestone for Chainlink and the overall altcoin ETF sector.

Notably, Grayscale will create this ETF by converting and up-listing its existing Chainlink Trust, offering traditional investors compliant access to Chainlink.

Set to launch this week…

First spot link ETF.

Grayscale will be able to uplist/convert Chainlink private trust to ETF. pic.twitter.com/i7z0WAKKvC

— Nate Geraci (@NateGeraci) December 1, 2025

Meanwhile, this adds to the latest wave of altcoin ETF launches in the United States.

We have had multiple altcoin ETFs, including XRP and Dogecoin, since Solana, Hedera, and Litecoin kick-started the wave in late October.

Now, the first spot LINK ETF is set to debut in the United States this week, reflecting demand for these products despite the broader market turmoil.

More about the Chainlink ETF

A spot exchange-traded fund holds LINK assets instead of derivatives, offering individuals direct and regulated exposure to Chainlink as an investment vehicle.

That’s crucial in cementing Chainlink’s legitimacy among traditional investors, many of whom have ignored crypto due to the associated complexities.

Indeed, a LINK ETF alleviates the need for private keys, wallets, and off-exchange asset storage.

The fund will open Chainlink to individuals who prefer the safety of traditional retirement and brokerage accounts.

The strategic conversion

Grayscale took a notable approach, converting a private trust into an exchange-traded fund.

The strategy has crucial benefits.

First and foremost, the LINK ETF will meet an in-built investor base as trust holders access a more liquid ETF model.

Also, the approach streamlines valuation and custody as the trust already has LINK assets.

Lastly, the move eases regulatory challenges as the trust adheres to compliant standards.

LINK price outlook

Chainlink exhibits substantial selling pressure today.

It has lost more than 6% of its value after a sudden dip on the daily chart, fueled by a broader market crash.

LINK is trading at $12.16, with a 125% uptick in daily trading volume reflecting increased activity from participants, possibly reducing exposure to avoid further losses.

Sellers target the nearest support zone at $11 and $9.8 amid intensified declines.

Failure to hold $8.20 – $8.50 would catalyze deeper slides to $6.80 – $7.20.

On the other hand, bulls should reclaim and defend $13.

Steadying above $15.50 will likely trigger buyer resurgence and stable momentum.

LINK can rally to $19, then $23, and clear the path to $30.

However, prevailing conditions suggest short-term struggles before LINK establishes a decisive directional bias.

The post Grayscale to launch first US spot Chainlink ETF through Trust conversion appeared first on CoinJournal.

• Core organizations have submitted a 70 million ADA tokens budget proposal.
• The goal is to fund key ecosystem integrations ahead of 2026
• ADA remains poised for remarkable breakouts despite short-term bearishness.

Cardano’s major organization has proposed a new budget, calling for 70 million ADA tokens in Treasury funding to supercharge delayed ecosystem upgrades and integration.

Announced yesterday, November 27, the proposal outlines a strategic plan to introduce innovative infrastructure needed for institutional access, cross-chain connectivity, and stablecoins.

BREAKING NEWS:

CARDANO SEEKS ₳70,000,000 FOR CRITICAL ECOSYSTEM UPGRADES 😱😱😱

A new Cardano Critical Integrations Budget has just been submitted requesting a massive ₳70 MILLION from the Treasury to supercharge the ecosystem with vital infrastructure.

According to the… pic.twitter.com/SDtzVXIWu0

— Mintern (@MinswapIntern) November 28, 2025

Named the Cardano Critical Integrations Budget, the plan received endorsement from key ecosystem organizations, including the Cardano Foundations, EMURGO, Input Output, the Midnight Foundation, and Intersect.

That reflects a unified approach to equip the ADA network with what it needs to thrive in the coming times.

The official blog highlighted:

Cardano needs a set of core infrastructure layers to unlock stablecoins, attract deeper liquidity, support institutional participation, and expand the possibilities for DeFi, RWAs, and DePIN. These integrations cannot be delivered in isolation. They require a shared, ecosystem-wide commitment that brings the right partners to Cardano in a structured and accountable way.

Trader attention remains on the ADA price amidst these developments. Are the coordinated efforts the catalyst that propels this altcoin to its predicted peaks?

Why is this budget crucial?

Cardano’s team is among the most active in the blockchain sector. Meanwhile, the project’s next growth phase now relies on mission or partially developed components.

They include functionalities like enterprise-level custody and wallets, pricing oracles, advanced stablecoin infrastructure, and cross-chain bridges.

The Cardano blockchain has struggled to unlock crucial utility without these elements.

For instance, stablecoins are essential for DeFi liquidity and day-to-day on-chain transactions.

Cross-chain support allows users to move tokens across the platform easily.

Moreover, institutional-grade analytics and custody are crucial for risk management and compliant offerings.

Indeed, Cardano’s long-term potential requires coordinated efforts to unleash.

Therefore, core organizations have been negotiating with top-notch integration partners recently, and their conversations have reached a mature phase, inviting the community to participate in the next steps.

ADA price outlook

Cardano is trading at $0.4311 after gaining more than 6% the last seven days.

The token remained relatively muted the past day, losing a mere 0.08% of its value.

Meanwhile, the 20% slump in 24-hour trading volume signals prevailing selling pressure.

Robust developer activity, especially with the 70 million ADA budget approved, and broad-based recoveries could trigger massive breakouts for ADA.

However, buyers should overcome key resistance at $0.45 and $0.70 and reclaim the psychological level at $1 to shift Cardano’s short-term outlook to bullish.

Surpassing $1.50 would confirm solid reversals and clear the path for higher targets.

ADA can skyrocket to $2 and extend toward $2.20. That would mean a more than 400% rally from the current market price.

On the other hand, continued selling pressure could trigger a roughly 40% decline to the support barrier at $0.25.

A breakdown here would erase all bullish momentum and drag ADA prices to the historical foothold at around $0.18.

The post ADA price forecast: Cardano proposes a 70 million budget for key upgrades appeared first on CoinJournal.

• The platform suspends trading across futures and FTX instruments.
• That followed a cooling issue at a CyrusOne data center.
• The disruption comes days after CME celebrated a record day for its crypto complex.

The Chicago Mercantile Exchange executed an unexpected trading pause on Friday after a CyrusOne data center overheated, sending major services and platforms offline. Today’s official X post confirmed:

Due to a cooling issue at CyrusOne data centers, our markets are currently halted.

A routine market session turned into chaos as futures linked to currencies, stock indices, Treasuries, and commodities stopped updating, suspending live price feeds, leaving traders without reliable prices as brokers lacked the data to quote markets.

Notably, the initial alert surfaced on CME’s platform at 02:40 GMT, notifying users of the outages in multiple platforms.

Meanwhile, leading contracts, including Nikkei, S&P 500, and Nasdaq 100, failed to update for several hours as of early Asian sessions.

Also, the currency side experienced issues as CME’s EBS platform stalled, with key pairs such as USD/JPY and EUR/USD offline.

The incident has grabbed the crypto community’s attention as it comes days after the Chicago Mercantile Exchange announced that its Cryptocurrency options and futures suite hit new ATHs in daily volume.

Brokers stranded as price feeds stop

The event left brokers navigating the markets without vital features as live pricing went offline.

Some suspended trading activities, while others switched to internal models or backup sources.

CME’s head of Middle East and Asia, Christopher Forbes, said that he has never seen such an incident in two decades, calling it “a pain in the arse.”

For now, the platform is working to maintain stable pricing using alternative feeds, which can lead to mispricing amid volatile conditions. Forbes stated:

We are now taking a lot of unnecessary risks here to continue pricing. My guess is the market is not going to like this. I think it will be a bit volatile on the open.

Meanwhile, the outage arrived as the market experienced slow activity due to the Thanksgiving holiday.

The timing adds to uncertainty

CME’s outage comes at an awkward time for the trading platform.

Four days ago, on November 24, the team celebrated a crucial breakthrough as its crypto derivatives complex recorded an all-time high in 24-hour volume, signaling renewed momentum for digital currencies.

Commenting on the milestone, CME Group’s Global Head of Crypto Products, Giovanni Vicioso, said:

Amid ongoing market uncertainty, demand for deeply liquid, regulated crypto risk management tools is accelerating. Clients across the globe continue to turn to our benchmark Cryptocurrency futures and options to hedge their risk and pursue opportunities in this complex environment, with both large institutions and retail traders driving record activity across our product suite.

Today, November 28, the narrative is vastly different.

Rather than celebrating increased activity, the exchange operator is fighting to answer questions about the resilience of its infrastructure.

For now, a leading derivatives engine remains offline, idling not due to financial challenges, but an overheated data center that usually runs quietly in the background.

The post CME Group halts futures trading as cooling system breaks down appeared first on CoinJournal.

• Individuals can now buy crypto on Trust Wallet using Apple Pay.
• The feature is currently available in more than 45 countries.
• Such updates reduce entry barriers into the crypto and blockchain world.

Trust Wallet, one of the reputable digital asset wallets, has made another step toward promoting cryptocurrency adoption.

It has confirmed adding Apple Pay today, November 27, on X, allowing individuals in more than 45 countries to purchase their favourite virtual tokens within seconds.

Notably, the new feature promises an enhanced experience for new and existing users. The announcement read:

Trust Wallet has integrated Apple Pay. Buy your first crypto in seconds. Available in 45+ countries.

Indeed, purchasing digital tokens has been challenging for newbies, with lengthy verification procedures, numerous account setups, and limited payment methods often discouraging them.

Trust Wallet wants to address this challenge. With the integration of Apple Pay, it aims to make digital assets more accessible than ever, as individuals can now buy their “first crypto in seconds.”

How to get started

Depositing funds in a Trust Wallet account using Apple Pay is straightforward.

Users only need to open the app, visit the ‘Fund’ tab, and choose Apple Pay as the desired payment option.

Everything takes a few taps, mirroring the smooth experience when using Apply Pay for day-to-day purchases.

Most importantly, Trust Wallet benefits from Apple Pay’s credibility and security features, which include Touch ID, encrypted payments, and Face ID.

That promises streamlined crypto purchases that don’t compromise user safety.

Trust Wallet expands footprint globally

The team confirmed that users in more than 45 countries can access the Apple Pay transaction option.

Trust Wallet is lowering barriers to joining crypto, which will likely make it an entry point for millions who have struggled to access the digital assets market.

Individuals in jurisdictions with limited options to participate in the cryptocurrency industry now have a swift and secure option.

TWT price outlook

Trust Wallet’s native token remained somewhat muted in the past 24 hours.

The alt is trading at $1.08 after a slight 0.09% uptick on the daily price chart.

TWT has consolidated over the past week after losing nearly 15% in the last 30 days, influenced by broader selling pressure.

Meanwhile, TWT has underperformed the broader market today.

CoinMarketCap data shows the value of all cryptocurrencies increased by more than 3% the last 24 hours to $3.12 trillion.

Bitcoin is trading at $91,480, pumping the altcoin space as risk-on sentiments surfaced.

For now, Bitcoin should reclaim the key zone between $93,000 and $94,000 to shift its near-term trajectory to bullish.

That can support steady upswings towards the $100,000 psychological market.

However, a sudden selling wave will see it retracing to the ‘new’ liquidity region at $85,000 – $86,000.

The post Trust Wallet integrates Apple Pay to streamline cryptocurrency purchases appeared first on CoinJournal.

• Arthur Hayes has scooped 218,000 PENDLE tokens today.
• The accumulation comes as the altcoin nears a reliable support, hinting at recoveries.
• PENDLE price gained more than 2% the past day.

The crypto sector remains downbeat, failing to reclaim the $3 trillion mark as short-term rebounds encounter renewed selling pressure.

However, sentiments are likely to shift as dip-buying activities surface.

Market participants track large-scale transactions as they can indicate potential sentiment shifts.

PENDLE has found itself in the spotlight on November 26, after substantial purchases by Arthur Hayes.

Arkham data shows the BitMEX co-founder executed two transactions in the past 24 hours.

The first one involved 105,000 PENDLE tokens worth over $258K.

Meanwhile, the second purchases, which came hours later, saw Hayes buying 113,000 coins at $277K.

Together, Hayes has accumulated 118,000 coins, worth approximately $536,000, today, and now holds PENDLE worth over 1.19 million or more than 417,000 tokens.

Meanwhile, today’s transactions grabbed attention due to timing, executed as PENDLE endures bearishness.

The digital token lost more than 25% of its value in the past 30 days amid broad-based slumps.

Substantial accumulations during bearish performance signal trust in possible recoveries.

Hayes likely capitalized on the downside prices to buy at a discount before PENDLE shifts its trajectory.

PENDLE price outlook – rebound imminent

The altcoin is trading at $2.53 after an over 2% increase within the past 24 hours.

Meanwhile, PENDLE has experienced substantial selling pressure lately.

Its price started stabilizing at $2.10 – $2.25 after underperforming in October and November.

This region is crucial as it previously gave buyers a perfect entry level.

That’s why Hayes’ latest accumulation gained attention.

These sentiments hint at potential near-term recoveries for PENDLE.

Meanwhile, the initial obstacle at $2.75 will be the first checkpoint for upside continuation.

A breakout confirmation could clear the path to $3.16 – $3.55 before exploding to $4.67 amid broad-based driven rallies.

Momentum indicators support an optimistic performance.

The 4H Moving Average Convergence highlights buyer presence.

Also, the Relative Strength Index of 62 signals upside momentum with no imminent overbought conditions.

Nonetheless, the cryptocurrency market has been highly unpredictable lately, with brief recoveries encountering sudden selloffs.

Bearish price actions could see the altcoin revisit the support barrier at $2.10 – $2.25.

Failure to hold above this mark will catalyze notable dips for the token.

PENDLE can plummet to $1.80, or even extend to $1.60.

Meanwhile, broader sentiments will influence PENDLE’s short-term performance.

The overall cryptocurrency marketplace remains deteriorated. Bitcoin hovers $86,000 while threatening further dips to $79,000.

Such a move would mean substantial declines for the entire market, delaying PENDLE’s potential near-term recovery.

The post Pendle price outlook: BitMEX co-founder buys PENDLE worth $536K appeared first on CoinJournal.

• Paxos purchases an institutional wallet provider in a $100M deal.
• The move leverages Fordefi’s MPC wallet for a regulated custody framework.
• DeFi is increasingly becoming part of the mainstream monetary infrastructure.

Paxos, a reputable blockchain infrastructure company behind multiple stablecoins, confirmed the acquisition on Forderfi late on Tuesday.

While the firms didn’t reveal the transaction’s value, sources close to the matter suggest that the deal exceeds $100 million, reflecting one of the most aggressive and strategic expansions in recent years.

The team emphasized:

This strengthens our ability to support institutions with more flexible and sophisticated digital asset infrastructure.

For context, Fordefi is a thriving enterprise wallet and custody provider.

This acquisition comes as institutions are moving to on-chain operations at an unprecedented pace.

Companies exploring blockchain technology like tokenized assets, complex DeFi strategies, and stablecoin settlements are seeking secure, modular custody.

Paxos aims to satisfy this demand by merging its compliant custodial infrastructure with Fordefi’s policy-centered MPC (multi-party computation) wallet tech.

Commenting on the strategic purchase, Paxos co-founder and CEO Charles Cascarilla said:

Together, Paxos and Fordefi provide customers with a world-class custody solution built upon advanced wallet technology and regulated, qualified custody. We’re excited to welcome Fordefi to our team as we enter this new phase of growth.

Paxos enriches its enterprise playbook

Businesses venturing into the blockchain and crypto sectors have leveraged Paxos for compliant infrastructure and custody.

The firm maintains a high-end regulatory model, with supervision from Singapore’s MAS, the NYDFS in the US, Abu Dhabi’s FSRA, and FIN-FSA in Europe.

Moreover, its tokenization and stablecoin systems power fiscal settlements for leading companies, including MasterCard, Nubank, PayPal, and Interactive Brokers.

Now, Paxos is integrating Fordefi to offer its customers a unified platform that supports everything from asset tokenization and issuance to streamlined access to DeFi protocols.

CEO Cascarillar added:

Fordefi has built an impressive stack and customer base founded on easy-to-use APIs and seamless web3 connectivity. Market participants require a regulated platform partner that meets their range of complex custody needs.

The fast-growing Fordefi

Fordefi has grown into a reputable institutional wallet provider in the DeFi industry since its 2021 launch.

The platform boasts two crucial features.

First and foremost, Fordefi’s MPC-based address model reduced single-point failure risks.

On the other hand, the policy engines enable enterprises to handle compliance rules, risk management, and permissions across decentralized and centralized setups.

Fordefi currently secures over $120 billion in monthly transactions, supporting nearly 300 enterprises, including hedge funds, crypto-native companies, and trading desks.

Josh Schwartz, CEO of Fordefi, believes Paxos will heighten its reach while aligning with its primary missions. He said:

Fordefi has built a best-in-class wallet platform trusted by nearly 300 institutions. Joining Paxos allows us to bring our technology to an even broader audience while maintaining our focus on security, usability, and innovation. Together, we will offer enterprises the unified custody and stablecoin infrastructure they need to deploy real-world digital asset use cases at scale.

For now, Fordefi will operate independently as Paxos pursues a phased integration.

The post Stablecoin issuer Paxos acquires Fordefi to strengthen institutional DeFi access appeared first on CoinJournal.

• Monad maintains a bullish momentum after a strong mainnet launch and ecosystem integrations.
• Binance Futures will delist PONKE, SWELL, and QUICK on November 28.
• The three altcoins brace for intensified volatility in the coming few sessions.

The digital currency market is performing relatively well on Tuesday, with the value of all cryptocurrencies testing the $3 trillion mark after 2% surge in the past 24 hours.

Meanwhile, analysts are now forecasting substantial rebounds after today’s US PPI indicated cooling inflation and chances of the Fed lowering interest rates during the December meeting.

This article evaluates three tokens that remained in the limelight over the past 24 hours.

New Monad steals the show

The Layer 1 Monad has been in the spotlight amid its highly anticipated mainnet and token release, which happened yesterday, on November 24.

Meanwhile, native token MON has surprised analysts and traders.

Experts had forecasted bearish performance for the new token, citing previous trends and broader market weakness.

Indeed, most projects suffer immense selling pressure after official launches as the community locks profits after giveaways/airdrops.

However, the story is different for MON. The alt saw a brief decline after launch, hitting an intraday low of $0.02252.

However, continued excitement as leading projects like PancakeSwap and Solana revived optimism on the project, catalysing notable bounce-backs overnight.

The asset is now exchanging hands at $0.03931 after an over 60% gain on the 24-hour timeframe.

MON’s daily trading volume has skyrocketed by more than 4,700% to $1.11 billion.

That signals robust interest in the $424 million market-cap project.

Though the L1 sector could appear saturated, Monad’s EVM-compatibility perks and transaction settlement of up to 10,000 TPS (transactions per second).

Indeed, this developer familiarity and massive throughput positioned MON as a technically promising new player in the Layer 1 landscape.

Binance to delist PONKE, QUICK, and SWELL contracts

While the Monad community buzzed with optimism, Binance Futures rattled the altcoin space with a crucial announcement.

The team took it to X to confirm removing perpetual contracts of PONKE, QUICK, and SWELL on Friday, November 28, adding:

“The contracts will be delisted after the settlement is complete.

As anticipated, the mentioned tokens turned bearish after the announcement.

The trio plunged by over 5% in the past day.

While they are displaying resilience, possibly due to prevailing improved broader sentiments, the next few sessions, until November 28, look poised for overwhelming volatility.

The team warned about intensified fluctuations, thinned liquidity, and increased liquidation risks during the final hour before the last settlement. They said:

Users are strongly advised to actively monitor and manage open positions during the final hour, as the period may be subject to heightened volatility and reduced liquidity.

Meanwhile, Binance has urged users with active positions to close them before the listing time, Friday at 09:00 UTC, or face automatic settlement.

Moreover, individuals will no longer open new positions on the three contracts starting November 28 at 08:30 UTC.

The post Altcoins today: Monad rallies 60%; PONKE and QUICK plunge on Binance delisting appeared first on CoinJournal.

• Bitcoin spot ETFs recorded $151M outflows on November 24.
• Ethereum’s products saw inflows of $96.67 million.
• Solana ETFs continue their winning streak with yesterday’s $57 million.

The cryptocurrency sector remains weak as bearish sentiments prevail.

Indeed, recent price drops, muted trading activities, and worries about short-term recoveries have seen many investors adopt a defensive bias.

Exchange-traded funds flow data reflects this uncertainty, with Bitcoin recording massive withdrawals as altcoin products hold steady. Let us find out more.

Bitcoin ETFs continue to struggle – Fidelity’s stands out

BTC spot ETFs had a rough session on Monday, with net outflows totaling $151 million, according to SoSoValue.

That signals deteriorated interest in these financial products, which have played a key role in institutional crypto adoption.

Meanwhile, Fidelity’s FBTC stood out as it posted positive ETF flows of $15.49 million on Monday amidst the broader retreat.

On the other hand, BlackRock has struggled lately, with iShares’ outflows surpassing $2.2 billion so far in November.

Meanwhile, the mixed ETF outflows come as the Bitcoin price experiences notable downward pressure.

The bellwether crypto is trading at $88,190, down from late last month’s high above $115,500.

Ethereum posts inflows

While investors remain more conservative about Bitcoin, Ethereum thrived.

Data shows Ether ETFs attracted $96.67 million in inflows yesterday, with BlackRock’s ETHA dominating at $92.61 million.

Ethereum seems to thrive as Bitcoin struggles, as narratives like the latest attacks on Strategy by JPMorgan magnified uncertainty in BTC-based financial products.

Institutions are seemingly migrating to Ethereum, possibly indicating renewed trust in its unique role in powering scaling solutions, decentralized apps (dApps), and support for new infrastructure.

ETH is changing hands at $2,925 after gaining 3% the past 24 hours. It lost more than 2% the past week.

Solana ETFs maintain upside momentum

Solana held its ground, attracting net inflows of $57.99 million on November 24.

The altcoin has seen positive ETF flows since its debut, highlighting steady institutional demand.

For instance, Bitwise’s Solana spot exchange-traded fund surpassed $500 million AUM last week.

Solana experienced amplified institutional interest due to its robust network that prioritizes scalability, speed, and security.

The team spent the past years rewriting Solana’s reputation, darkened by previous network outages.

Now, the blockchain exhibits a thriving developer community, booming app usage, and Solana-based tokens.

With these factors, Solana has carved a unique lane in the blockchain industry.

SOL is trading at $138 after soaring 5% in the last 24 hours.

The altcoin lost nearly 30% of its value over the past month.

Meanwhile, Solana inflow confirms investors looking beyond price performance while prioritizing long-term potential.

Meanwhile, the latest ETF flow statistics highlight a split market.

Investors are now exploring crypto offerings beyond Bitcoin.

Institutional investors are no longer treating all cryptocurrencies the same.

They’re now evaluating every project based on solid catalysts, narratives, and momentum.

The post Crypto ETF flows: BTC sees $151M outflows as ETH and SOL funds thrive appeared first on CoinJournal.

• The project confirmed acquiring and locking 609,000 tokens today.
• Its total buyback for November surpasses 3 million AERO.
• The altcoin’s performance mirrors broader market downsides.

While uncertainty engulfed the overall crypto landscape, Aerodrome Finance has showcased its dedication to supporting and strengthening its native AERO.

The project has taken it to X to announce a significant buyback of 609,000 AERO tokens.

Meanwhile, this repurchase is part of Aerodrome’s programmatic strategy to react to fluctuating market conditions without compromising the altcoin’s tokenomics.

Aerodrome has completed buybacks of more than 3 million AERO this month, reflecting the team’s commitment to boosting investor confidence and token stability. The official X post read:

The Aerodrome Public Goods Fund has acquired and locked 609K AERO as part of its programmatic market-aware buyback, bringing total buybacks this month to 3M+.

609K AERO Buyback ✈️

The Aerodrome Public Goods Fund has acquired and locked 609K $AERO as part of its programmatic market-aware buyback, bringing total buybacks this month to 3M+.

More than 150M AERO has been acquired and locked to date via the PGF, Flight School, and Relay. pic.twitter.com/XUO7vj825K

— Aerodrome (@AerodromeFi) November 24, 2025

Notably, the project’s Public Goods Fund oversees AERO’s buybacks and has been monitoring the alt’s performance while strategically accumulating and locking native assets to reduce supply and potentially boost demand.

Such an approach remains crucial to stabilize price actions and ensure investor confidence as digital assets see increased fluctuations.

Inside Aerodrome’s buybacks, so far

The latest purchase brings total buybacks for November to over 3 million AERO coins, reflecting a significant step toward strengthening the asset’s market status.

Moreover, the Public Goods Fund has accumulated and locked over 150 million tokens since its debut, leveraging initiatives like Relay programs, Flight School, and the PGF itself.

These programs aim to reduce supply pressure on AERO while rewarding loyal holders.

The predictable supply reduction guarantees a resilient ecosystem even during heightened volatility.

Market players often interpret such buybacks as an indicator of the team’s confidence in the project.

Aerodrome hits fresh volume milestone

The project followed the buyback announcement with another post reflecting impressive user activity.

Notably, Aerodrome has topped $200 billion in trading volume this year – an approximately three-times increase year-to-date.

$200 Billion in Volume YTD ✈️

Aerodrome just surpassed $200B in volume in 2025—locking in ~3x growth year-over-year on @base.

And Aero is coming. pic.twitter.com/nafYnIzgHX

— Aerodrome (@AerodromeFi) November 24, 2025

Such a volume demonstrates Aerodrome’s rapid growth and increasing influence in the blockchain sector.

With strategic buybacks and ecosystem initiatives, Aerodrome is establishing itself as a serious player within the DeFi space.

Understanding Aerodrome Finance

Aerodrome Finance is a decentralized exchange and automated market maker (AMM) that serves as the primary liquidity on Coinbase’s Base project.

It facilitates streamlined token swaps by ensuring adequate liquidity.

AERO price outlook

Native AERO saw a brief rebound following the latest updates.

The cryptocurrency is trading at $0.7070, with a slight 1.47% uptick on the daily chart.

The surging trading volume reflects revived interest in the AMM.

Nevertheless, AERO has underperformed in recent sessions as sellers dominated the crypto landscape.

It lost nearly 25% of its value in the last 30 days.

The post Aerodrome Finance locks 609K AERO tokens in strategic buyback appeared first on CoinJournal.

• The biopharma company plans to launch the first-ever crypto treasury around the Rain project.
• Enlivex sees long-term potential in Rain’s open-prediction market.
• Native RAI rallied after the news, up 110% within minutes.

The cryptocurrency market remained relatively stable on Monday, with Bitcoin holding above $86,000.

While most assets saw minor price actions, RAIN has decoupled with a sharp uptrend.

The altcoin has gained roughly 110% minutes after news that biopharmaceutical firm Enlivex Therapeutics plans to build a $212 million Rain-based crypto treasury.

NEWS: ENLIVEX completes a $212M digital asset treasury investment into $RAIN, a decentralized prediction markets protocol pioneering the next wave of prediction markets. Matteo Renzi, former Italian PM, joins the board.

— Ash Crypto (@AshCrypto) November 24, 2025

Reports suggest that the Nasdaq-listed company will complete the fundraise through PIPE (a private investment in public equity).

Notably, Enlivex will become the first institution to create a DAT (digital asset treasury) linked to a prediction-market crypto project.

The proposed raise involves Enlivex selling 212 million shares at $1 per share, with settlement in USDT and US dollars.

Meanwhile, the deal is expected to close by November 25, depending on final authorisations.

For a firm that focuses on immunotherapy research, dedicating millions to crypto reflects a bold move into the blockchain infrastructure.

Furthermore, the move adds credibility to RAIN as a legitimate token with serious value in the financial world.

The update flipped sentiments around the RAIN coin, catalysing a sharp rise minutes after the news surfaced.

Why the bold bet on Rain?

Talking with The Block, Enlivex board chairman Shai Novik highlighted Rain’s infrastructure as the scalable backbone that their firm has been pursuing.

He equalled Rain’s dominance in prediction markets to Uniswap in decentralised trading. Novik said:

For us, that open-architecture model represents the scalable growth engine we were looking for. We view Rain as the foundational infrastructure layer for the industry, similar to how Uniswap underpins decentralized trading.

That means Enlivex is more than just purchasing RAIN.

The biopharma is investing in a decentralized prediction-market model poised to transform on-chain information marketplaces.

A unique approach to reduce volatility

Indeed, cryptocurrency and volatility go hand in hand, and that has repelled many institutional players from interacting with digital tokens.

In that context, the Rain Foundation will back Enlivex’s DAT launch with a grant that adjusts the firm’s entry price, with 0.95 as the initial mNAV (modified net asset value).

That reduced early-stage volatility as the biopharma will have a stabilised baseline to start its DAT strategy.

RAIN price outlook

Rain’s native token led the gainers today.

The coin is trading at $0.007526 after a 110% uptick on its daily price chart.

The 66% surge in 24-hour trading volume indicates renewed appetite in RAIN.

While the alt eyes further uptrend, it can hardly decouple for long due to the prevailing broader selling pressure.

Therefore, RAIN remains prone to erasing part of its gains in the near term.

The post RAIN price skyrockets 110% as Enlivex announces $212M Rain token treasury appeared first on CoinJournal.

• The altcoin braces for a recovery as it awaits a key catalyst this week.
• The first anonymous payment layer on Solana GhostPay launches on November 26.
• The debut could catalyze potential GHOST price recovery.

The countdown to GhostPay’s rollout started after the team confirmed this week’s debut in an X post.

With the first privacy payment layers launching on Solana soon, traders’ attention has shifted to GHOST’s price performance, especially as the community braces for partnership and new utility announcements.

The official announcement read:

“GhostPay officially arrives November 26. The first anonymous payment layer of Solana goes live. We’ll reveal new partners and use cases leading up to launch.

JUST IN: $GHOST announces launch date for GhostPay, the first native privacy-focused payments layer on Solana. Leading X accounts among the early supporters. pic.twitter.com/5IswselxKi

— Whale Insider (@WhaleInsider) November 24, 2025

Notably, the rollout will mark the arrival of Solana’s first native privacy-focused payment layers, a breakthrough that might transform how anonymous transactions move on-chain.

Most importantly, the team promised new collaboration and more use cases ahead of the launch.

Traders are closely watching for these updates as they could trigger bounce-backs for native GHOST.

The altcoin was among the top-performing cryptos in October, gaining over 100% for the month.

Indeed, projects offering privacy features have seen an increase in demand in recent months, with projects like Zcash outperforming gloomy broader markets.

GHOST’s utility will expand rapidly if GhostPay secures strategic partnerships with DeFi protocols, cross-chain bridges, payment processors, or digital wallets.

Notably, markets tend to reprice real-world use cases quicker, and that positions GHOST for remarkable recoveries amidst GhostPay’s potential success.

Commenting on the upcoming launch, self-proclaimed crypto multi-millionaire Gordon posted on X:

Privacy on Solana is getting loud, GhostPay is about to unlock real utility, and holders receive 100% of the fees. The flywheel is already spinning.

GHOST price outlook

The alt changed hands at $0.059 after an over 2% dip in the last 24 hours.

GHOST shed more than 5% of its value the previous week due to broader market turmoil and profit taking after its impressive October performance.

Meanwhile, the token is attempting a recovery after hitting the support around $0.0058.

GHOST has tested this zone several times, making it crucial for a possible bounce-back.

Amplified bullish actions (if GhostPay drives substantial optimism) could see the alt surging towards the obstacle at $0.0089.

That would translate to a roughly 33% uptick from Ghost’s current market price.

Broader sentiment shifts could see GHOST continue its rally to the obstacle at $0.012 and extend to $0.15.

Meanwhile, intensified selling pressure in the overall cryptocurrency market could mean subdued price actions for GHOST.

Failure to hold above $0.0058 might catalyze downtrends toward the support zone at $0.0045.

The post GHOST price outlook ahead of privacy layer GhostPay launch appeared first on CoinJournal.

• The malfunction allowed 32 wallets to claim 623M PYBOBO within 4 seconds.
• The event emptied nearly all the 625M reward pool almost instantly.
• The glitch coincides with OKB’s price underperformance.

The virtual currency sector recorded another sell-off on Friday as Bitcoin lost 10% in the past 24 hours to press time’s $81,865.

The global crypto market cap stands at $2.81 trillion after a 10% decline over the last day.

Amidst the broader bloodbath, OKX’s native token suffered the most as the downside coincided with OKX facing new scrutiny after an unexpected contract glitch in its recent Boost reward campaign.

A planned distribution of PYBOBO coins ended up with nearly all the pool drained within four minutes, and it wasn’t the massive demand as earlier thought.

🚨UPDATE: OKX’s PYBOBO Reward Pool drained in seconds.

Users report massive claims cleared almost instantly, showing the insane demand and liquidity frenzy. pic.twitter.com/mER1GrLeRJ

— The Crypto Times (@CryptoTimes_io) November 21, 2025

OKX’s token underperformed the overall cryptocurrency market in the past 24 hours.

It dipped from $115 to $94 during this writing, and over 18% dip on its daily price chart.

OKB experienced intensified selling pressure as the news of contract malfunctioning spread.

A 4-second glitch empties 99.68% of incentives

On-chain stats show that 32 addresses claimed 623 million PYBOBO coins, wiping nearly all the 625 million allocated for the distribution event.

The most striking thing is that the entire sweep took only four seconds, catching the team and participants unaware.

Notably, a multifunction within the OKX Boost claim contract seems to have permitted abnormal, rapid claims, allowing a few addresses to receive far more PYBOBO tokens than initially planned.

OKLink identified a particular wallet that claimed 37.847 million tokens, worth roughly $18,600.

Nevertheless, what’s striking is how fast the pool evaporated, with 99.68% of rewards gone by the time the ream noticed the glitch.

The event’s nature indicates an unintended move that propelled distributions well beyond their specified limits.

OKX Wallets halts claiming amid investigations

The team acknowledged the issue immediately after the reports emerged and confirmed delaying PYBOBO claiming until after resolving the contract issuer.

Claiming for PYBOBO rewards will be postponed.

We'll provide updates here once the issue has been resolved.

— OKX Wallet (@wallet) November 21, 2025

The temporary pause aims to prevent further potential damage as the project conducts a review.

The team has promised to publish more updates as they investigate the matter.

The incident sent ripples across the OKX ecosystem. OKB testified to that with its overwhelming selling pressure.

OKB price outlook

OKX’s token  hit a daily low of $94 after losing the $100 psychological mark.

It has dropped from a daily high of $115, losing over 18% of its value in the past 24 hours.

OKB has seen its daily trading volume surge 100%, signaling increased speculative activity.

The digital coin would likely slump further before regaining a dependable footing as sellers thrive in the current financial landscape.

The post OKB price dips 20% as OKB Boost contract glitch drains entire reward pool appeared first on CoinJournal.

• Ether holders on the exchange can borrow up to $1M in USDC using ETH as collateral.
• That ensures access to liquidity/cash without selling their holdings.
• The service is available in all US states, excluding New York.

Leading exchange Coinbase has introduced a new feature that will likely reduce selling pressure amid the current broader crypto market turmoil.

The trading platform has launched Ethereum-backed loans, allowing users in most American states to access on-chain cash without offloading their holdings.

Notably, borrowers can use ETH assets as collateral and receive loans of up to $1,000,000 in USDC stablecoin.

The team has confirmed on X:

ETH-backed loans are here. You can borrow USDC against your Ethereum, unlocking liquidity without selling.

If you believe in somΞTHing, this one's for you.

ETH-backed loans are here.

You can borrow USDC against your Ethereum, unlocking liquidity without selling.

Available now in the U.S. (ex. NY). pic.twitter.com/eOvJ2BWPfr

— Coinbase 🛡️ (@coinbase) November 20, 2025

This move is vital for Ethereum holders who want liquidity without dumping their tokens.

Rather than selling ETH and possibly missing out on potential price gains, Coinbase users can leverage their balances while keeping them intact.

How do ETH-backed loans work?

The process is straightforward. Users deposit Ethereum on their Coinbase accounts as collateral to borrow USDC.

They receive back their collateral after repayment.

Meanwhile, customers will enjoy top-notch flexibility.

Individuals can borrow while maintaining exposure to their holdings, access funds almost instantly, and leverage USDC for various on-chain activities, including day-to-day expenses and trading.

Nevertheless, borrowers should consider the fact that Ethereum’s price movements can impact their loans.

For instance, a swift decline in the alt’s value could demand increasing collateral to avoid liquidation.

Why should you care?

Accessing cash online means selling assets for most cryptocurrency investors, even sometimes facing tax consequences.

Coinbase solves that through Ethereum-backed loans, offering access to liquidity without offloading assets.

The development reflects how cryptocurrency firms are expanding beyond trading services.

Most networks are integrating lending, borrowing, and earning solutions for their users as digital assets’ adoption continues.

Moreover, it confirmed Coinbase’s trust in Ethereum as a legitimate financial instrument, equal to real-world assets (like real estate and stocks) that can serve collateral purposes.

Notably, Coinbase introduced cryptocurrency-backed loans in mid-January this years, and starget with Bitcoin.

The goal was to give users control over their finances while ensuring safety, speed, and transparency.

The team emphasized:

Crypto-backed loans are another major step towards empowering our customers with greater control over their financial lives. Coinbase customers can now get easier, faster access to everyday financial services.

The new addition signals demand for such services as cryptocurrencies go mainstream.

ETH price outlook

The news comes as Ethereum battles overwhelming bearish sentiments.

It is trading at $2,837 after losing more than 3% and 13% the past day and week.

ETH should hold above the $2,800 support to prevent massive declines.

Ethereum requires massive trading volumes and renewed institutional interest, through ETFs, to recover from its current slumber.

The post Coinbase rolls out Ethereum-backed loans for users to borrow USDC without selling appeared first on CoinJournal.

• The upgrade introduces unified Liquidity Hubs to replace fragmented markets.
• Spokes introduces modular lending setups with independent risks.
• V4 aims to enhance capital efficiency and open new grounds for developers.

Lending protocol Aave is preparing for one of its most ground-breaking upgrades.

Two days after unveiling a mobile savings app, the team has released the update’s testnet, signalling progress towards Aave V4, which aims to change how liquidity moves within the protocol.

Aave V4 testnet, featuring a developer preview of our new interface, Aave Pro, is now live. pic.twitter.com/q7ltPy0pxC

— Aave (@aave) November 19, 2025

V4 will replace the common multi-market system with an innovative, unified “Hub and Spoke” architecture.

The version 4 update aims to transform how decentralized finance lending works, prioritising developers looking to launch risk markets or experiment with assets that do not perfectly fit into Aave’s current structure.

The official blog highlighted:

Each L1 or L2 will have at least one Aave V4 Liquidity Hub, with the potential for multiple Hubs per network. Spokes allow for greater experimentation within these ecosystems without liquidity becoming a limiting factor. This design makes it easier to support new risk profiles and enable innovation without fragmenting liquidity, while also providing a way to seed liquidity for new Spokes.

To understand why the V4 upgrade matters, let’s check how Aave V3 operates and the challenges that pushed the team to seek a flexible model.

A glance at Aave V3

Each market works independently in Aave version 3.

Deployments like Ethereum Prime and Ethereum Core maintain their own asset lists and liquidity pools.

Individuals supply to a definite market, and they can only borrow from that avenue.

While this structure is helpful for risk separation, it creates some crucial limitations.

For instance, liquidity stuck in a certain market cannot support borrowing in another.

Also, building new markets requires bootstrapping funds from scratch.

That slows adoption while fragmenting the entire user base.

Further, governance becomes challenging and experimentation heavier as each distinct market requires its unique pool.

The Aave team added:

It also limits economies of scale for borrowing and makes it harder to support novel assets or implement unique borrow configurations, which end up siloed and harder to use.

A unified Liquidity Hub to replace independent markets

Meanwhile, version 4 overhauls the Aave lending ecosystem with a Liquidity Hub, which is a shared pool comprising assets for the whole platform.

The innovative Hub serves as the only source of liquidity, ensuring that borrowers and suppliers leverage the same capital base, replacing segmented ones.

Most importantly, users will not interact with the Hub directly, though all deposits will eventually end up there.

The Hub handles everything, including interest calculations, accounting, and borrowing limits.

Each L1 or L2 platform can host at least one Hub, except chains with specialised needs or massive traffic.

The team expects this consolidation to substantially enhance capital efficiency by reducing idle liquidity and enriching borrowing conditions.

AAVE outlook

Aave’s native token displayed significant selling pressure on its daily chart.

It lost more than 6% the past 24 hours to $166.

The 27% dip in daily trading volume confirms bearish sentiment in AAVE.

Meanwhile, its downward stance coincides with the broader weakness.

The global cryptocurrency market cap declined by over 4% the past day to $3.04 trillion as Bitcoin plummeted below $90,000, trading at $89,478.

The post Aave rolls out V4 testnet with developer preview of upcoming “Pro” experience appeared first on CoinJournal.

• The campaign runs between 19 November and 3 December.
• Eligible users should buy or deposit SOL worth over $50 using the Crypto.com App.
• The top 2,000 participants will receive $10 in ETH each.

While the broader market seeks footing, with Bitcoin at $90,000, Crypto.com has announced a remarkable opportunity for its users.

The exchange took it to X on November 19, to confirm the official launch of the SOL App Campaign, which offers $20,000 Ethereum reward pool for participants who interact with SOL.

The SOL App Campaign is live ⚡️

Stand a chance to win from a US$20,000 $ETH prize pool by depositing or purchasing at least US$50 worth of $SOL ☀️

The top 2,000 users ranked by their SOL purchases + deposits will each earn US$10 in ETH 💠

🗓️ Ends 3 Dec

Details + T&Cs 👇… pic.twitter.com/bnMvoU1FH9

— Crypto.com (@cryptocom) November 19, 2025

Solana has been among the hottest tokens the past month, propelled by its reputation, flourishing Web3 and DeFi projects, and scalability.

Crypto.com’s campaign invites newcomers and experienced traders interested in navigating the Solana blockchain.

How does the SOL App Campaign work?

The initiative requests individuals to buy or deposit SOL tokens into the Crypto.com App throughout the campaign period.

The exchange will rank users based on their returns from the Solana deposits and purchases.

Meanwhile, the top 2,000 participants will receive ETH worth $10 each, credited to their Crypto.com App accounts within three months after the campaign concludes.

Notably, the cryptocurrency exchange will notify qualified recipients through email 14 days after completing reward distribution.

Moreover, it will apply ETH-USD’s exchange rate based on the market rate during the distribution.

With this structure, Crypto.com aims to reward only active engagement and encourage individuals to explore Solana’s benefits, including its speed and thriving ecosystems of dApps, and earn Ethereum in return.

What’s next?

Crypto.com’s Solana campaign is more than an opportunity for users to earn Ethereum.

It represents a strategic approach to enhance blockchain adoption and enrich user engagement.

Crypto.com is incentivizing user activity with tangible rewards, which will likely cement its status as an exchange that facilitates trading while actively supporting its community.

The SOL App Campaign allows individuals to interact with a flourishing blockchain and increase their ETH balances.

Solana continues to expand as a blockchain powerhouse, whereas Ethereum maintains its position as the second-largest cryptocurrency project.

Digital asset enthusiasts looking to capitalize on this opportunity can install the Crypto.com App, navigate Solana, and join the campaign.

The event will end next month, on December 3, with $20K in Ethereum up for grabs.

SOL and ETH price outlooks

The altcoins maintain bullish trajectories in attempts to recover from the latest broader market crash.

Solana has gained more than 2% over the past 24 hours to $140.

Also, Ethereum gained roughly 1.70% in that time frame to press time’s $3,091.

The duo exhibits faded daily trading volumes, reflecting the prevailing broader weakness.

Nonetheless, Tom Lee of Fundstrat expects Ethereum to bottom this week, citing its flourishing ecosystem (TVL) and its ratio with Bitcoin.

Lee trusts ETH can rebound to historic all-time highs of $12,000. Such a rally from Ethereum would mean explosive surges for altcoins, including SOL.

The post Crypto.com launches SOL App Campaign with $20K ETH reward pool appeared first on CoinJournal.

• Dogecoin exchange-traded fund expected on November 24.
• LIBRA decouples as the team buys the Solana dip.
• Shibarium transactions soar 78%, reflecting renewed user activity.

Virtual currencies displayed bearishness today as Bitcoin eyes further dips below $90,000, with altcoins hinting at further declines.

This article highlights tokens stealing the show in the meme token landscape, specifically Dogecoin, LIBRA, and Shiba Inu.

Grayscale’s DOGE ETF nears launch

The original meme cryptocurrency remains on the crypto community’s radar as debates around Grayscale’s anticipated Dogecoin exchange-traded fund surge.

Bloomberg’s ETF analyst Eric Balchunas expects the product to launch on November 24, citing the SEC guidance. He said:

I believe Grayscale will be out with the first Doge ETF in a week, 11/24. We’ll see, won’t be 100% till exchange notice, but based on SEC guidance, it looks good.

Based on 20 day clock I believe Grayscale will be out with first Doge ETF in a week, 11/24. We'll see, won't be 100% till exchange notice, but based on SEC guidance it looks good. pic.twitter.com/mvlGsNyNVG

— Eric Balchunas (@EricBalchunas) November 17, 2025

An approval would mark a breakthrough for Dogecoin and the entire meme market.

While these assets often drive the broader cryptocurrency industry, they have faced increasing criticism as they are hype-driven without intrinsic value.

A Dogecoin ETF will magnify the digital token’s visibility and credibility.

Moreover, regulated use cases will catalyze stable growth for DOGE.

The community expects Grayscale’s Dogecoin exchange-traded fund to launch soon.

Altcoin ETFs have gained traction since Solana, Litecoin, and Hedera started the wave on October 28, with approvals now almost a guarantee.

DOGE is trading at $0.1585 after losing 1.20% and 10% in the past 24 hours and week, respectively.

LIBRA skyrockets 100%

While bears rattled the overall cryptocurrency market, LIBRA decoupled with an explosive 103% surge.

It is one of the few tokens with gains today.

The meme’s sharp jump emerged after revelations that the LIBRA team purchased Solana.

According to blockchain investigator Lookonchain, they spent 61.59 million USDC to purchase 456,393 SOL.

The accumulation signaled confidence in Solana’s performance after the alt dropped nearly 15% the previous week.

Therefore, LIBRA’s rally isn’t organic, and the 60% decline in 24-hour trading volume could testify to that.

The themed token will likely erase its gains in the coming sessions, unless trading activity resurges amid improved broader sentiments.

Shibarium transactions jump 78%

Shiba Inu’s L2 scaling solution Shibarium saw an uptick in transactions recently, signaling renewed user activity.

According to Shibariumscan data, the platform’s daily transactions increased from 2.43K on November 16 to 4.33K within 24 hours – a roughly 78% increase.

This comes after Shibarium experienced reduced activity in early last month, with 24-hour transactions plunging to 1,500 on November 5 – a whopping 88% dip from October 24 peaks.

While the layer 2 records notable recoveries, Shiba Inu’s price continued to underperform.

SHIB lost 10% of its value in the last seven days, now trading at $0.000008856.

The alt remained relatively stable in the past 24 hours, shedding 0.95%.

Its trading volume increased by 17% in that timeframe, indicating trader interest.

Meanwhile, broader sentiments continue to influence the performance of meme cryptos.

Selling pressure dominated the crypto landscape as “Extreme Fear” gripped the market.

Nevertheless, Fundstrat’s Tom Lee expects the market to bottom as soon as this week.

The post Meme coin news: DOGE ETF update, LIBRA rallies 80%, Shibarium transactions skyrocket appeared first on CoinJournal.

• The mobile application aims to compete with banks and leading fintech firms.
• Users will earn up to 9% annual interest with insurance protection on deposits of up to $1 million.
• Individuals can use stablecoins, bank accounts, or debit cards to fund accounts and enjoy 24/7 interest.

Aave Labs, the organization behind the lending protocol Aave, is shaking the industry of personal finance with its new savings app.

Introduced today, the Aave App aims to rival high-yield financial companies and traditional banks, offering users a chance to amplify earnings on their deposits without sacrificing security.

Most importantly, the innovative monetary application is offering annual interest rates of up to 9%.

Furthermore, Aave App boasts insurance protection for deposits up to $1,000,000, a staggering increase from the industry standard of $250,000.

Introducing Aave App, a smarter way to save. pic.twitter.com/HaseIjnWW5

— Aave (@aave) November 17, 2025

The soon-to-launch Aave App presents a lucrative alternative to savers looking beyond low yields from traditional banks.

The official website indicates:

Aave is introducing insurance-backed protection for Aave App customer balances, providing up to $1,000,000 in coverage per eligible customer once active, subject to maximum policy limits and conditions.

Convenient funding options

The Aave App prioritizes user-friendliness.

Individuals can use debit cards or linked bank accounts to fund their accounts, with more than 12,000 deposit options at their disposal.

While traditional funding methods have daily limits, stablecoin users enjoy unlimited transfers, guaranteeing heightened flexibility for crypto-native users.

Meanwhile, the combination of DeFi tools and traditional banking access reflects Aave’s commitment to merging the new and old financial worlds.

Blockchain investors can now enjoy higher returns and institutional-level security.

Interest accrues 24/7

One of the most lucrative functionalities of Aave’s mobile application is that interest amasses around the clock.

Moreover, the app has an initial base rate of 5% per year. Users can increase their earnings through various on-chain tasks.

Users will receive interest via the decentralized Aave lending protocol, which lends deposits to borrowers.

While such a lending approaches carry higher risks, Aave combines the returns with insurance protection.

That gives DeFi users peace of mind that the new finance world is promising.

Incentives beyond the interest

Aave encourages participation through various earning opportunities besides the base rate.

Users can magnify their returns by inviting family and friends to the app, completing KYC to verify identity, and automating deposits.

The lender tapped into a gamified approach to bolster adoption and maximize user returns.

The platform’s incentive model also reflects a difference between traditional banks and decentralized finance apps like Aave.

With blockchain, users can maximize their returns without exposing themselves to extra monetary risks.

AAVE price outlook

The protocol’s native token turned bullish after the Aave App updates.

It is trading at $175 after an over 3% increase on its daily chart.

The soaring 24-hour trading volume signals renewed optimism in AAVE.

While the altcoin eyes extended gains, deteriorated broader sentiments suggest short-lived uptrends for AAVE.

The post Aave introduces mobile savings app with 9% interest and insurance protection appeared first on CoinJournal.

• A savvy trader locks in over $2.5M on a Starknet long position opened three days ago.
• He has rotated to HYPE with a 10x long worth roughly $2.98M.
• Hyperliquid’s token could be poised for an upward move.

Smart money participants are celebrating profits despite the current broader bearish sentiments, which underpins Bitcoin around $95,000.

One trader is grabbing attention with his high-stakes leveraged bets.

According to on-chain tracker Lookonchain, the player has secured over $2.5 million in returns after a well-timed long on Starknet (STRK), executed three days ago.

Most interestingly, he has redirected attention to a new position, going long on Hyperliquid’s HYPE with a substantially higher leverage of 10x.

Smart trader 0xbbc0 opened a 5x long on 29.5M $STRK($6.7M) 3 days ago and is now sitting on over $2.5M in profit.

4 hours ago, he also opened a 10x long on 77,598 $HYPE($2.98M).https://t.co/pQAjmsQNjH pic.twitter.com/WQYjrNeJGL

— Lookonchain (@lookonchain) November 17, 2025

These back-to-back moves are coming as uncertainty engulfs the financial landscape, with most traders opting for wait-and-watch and caution.

Meanwhile, the latest trade has fueled optimism among HYPE holders, as it indicates confidence in the altcoin’s potential rally in the near term.

An STRK long that hit its target

Blockchain data shows the wallet opened a 5x long on 29.5M Starknet tokens, a position worth roughly $6.7 million, three days ago.

The player entered just as STRK began creating a short-term base.

The digital token has remained on the watchers’ radar lately due to ecosystem upgrades, a thriving staking marketplace, and uncertainty linked to overall market downsides.

900M STRK are now staked on Starknet.

That’s ~20% of the circulating supply, and a 100% increase in staked STRK since last quarter.

Acceleration. pic.twitter.com/3thNY1Hk2x

— Starknet (BTCFi arc) 🥷 (@Starknet) November 14, 2025

While many hesitated as fear crippled the cryptocurrency sector, the smart trader joined before the short-lived rally started, riding a clean uptrend.

His profit surpassed $2.5 million as Starknet extends its recovery, now up 30% the past seven days.

STRK is trading at $0.2104 after losing 8% the past 24 hours amid broader weakness and profit-taking after the latest surge.

HYPE set to rebound after POPCAT scandal?

Hours after the STRK returns emerged in trackers, the trader entered a new position – a long on 77,598 HYPE, worth approximately $3 million, with a significantly higher 10x leverage.

The timing drew attention.

Hyperliquid has been among the most-watched DEXs the past week, following POPCAT’s manipulation, which saw the platform temporarily halt withdrawals.

HYPE endured substantial bearishness following the event, losing more than 10% of its value in the past week.

With the wallet’s transaction becoming some sort of sentiment indicator, enthusiasts trust HYPE is poised for a rebound as the exchange’s manipulation debates settle.

Committing almost $2.98 million to a 10x long underscores the conviction of short-term uptrends amidst broader market struggles.

HYPE remained relatively stable the past 24 hours, losing only 1.40% to trade at $38.41.

Technical indicators display neutral conditions as HYPE eyes the next move.

The Moving Average Convergence Divergence remained relatively flat with the signal line on the 1-hour chart.

Also, the Relative Strength Index at 48 suggests indecisiveness.

For now, market players are watching to see whether the smart whale turns into a reliable signal.

If his history rhymes, HYPE could be poised for a near-term rebound.

The post Smart trader shifts to Hyperliquid’s HYPE after pocketing $2.5M profit on STRK appeared first on CoinJournal.