1. Tether CEO responds to S&P ratings: Taking pride in the hatred of rating agencies, the traditional financial system is already riddled with holes;
2. Alt5 Sigma, linked to the Trump family's crypto projects, dismissed its CEO and COO;
3. UPBIT: Its SOLANA network suffered a 54 billion won hacker attack; it will compensate all customers for their losses.
4. Opinion: Bitcoin's fragile rebound is built on shrinking liquidity, with large holders selling off;
5. Brother Machi: I'm going long, you know what I mean;
6. Naver and Upbit's parent company Dunamu will jointly invest $6.8 billion in AI and blockchain.
7. Edel Finance-related wallets allegedly "snatched up" 30% of the token supply; co-founder denies allegations.
8. Uniswap now supports the Monad mainnet;
9. An ancient whale that had previously interacted with the Ethereum Foundation bought 7,318 ETH at an average price of $3,016, worth $22.07 million;
10. Tether has confirmed the termination of its operations in Uruguay and will lay off 30 employees.
According to Onchain Lens monitoring, a newly created wallet deposited $3 million USDC into HyperLiquid and placed a short order for HYPE in the $35.7-$36.7 range.
According to data from SoSoValue, Ethereum spot ETFs saw a net inflow of $60.8176 million yesterday (November 26, Eastern Time).
The Ethereum spot ETF with the largest single-day net inflow yesterday was the BlackRock ETF ETHA, with a single-day net inflow of $50.2174 million. The total historical net inflow of ETHA has now reached $13.079 billion.
The second largest inflow was into Grayscale's Ethereum Mini Trust ETF (ETH), with a net inflow of $6.2745 million in a single day. The total historical net inflow into ETH has now reached $1.449 billion.
As of press time, the total net asset value of the Ethereum spot ETF is $18.88 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 5.17%, and a historical cumulative net inflow of $12.868 billion.
According to data from SoSoValue, Bitcoin spot ETFs saw a net inflow of $21.1228 million yesterday (November 26, Eastern Time).
The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $42.8249 million. IBIT's total historical net inflow has now reached $62.68 billion.
The second largest net inflow was into the ARKB ETF, held by Ark Invest and 21Shares, with a single-day net inflow of $5.9685 million. ARKB's total historical net inflow has now reached $1.74 billion.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was the Fidelity ETF FBTC, with a single-day net outflow of $33.2968 million. Currently, FBTC's total historical net inflow has reached $11.951 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $117.664 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.56%, and a historical cumulative net inflow of $57.634 billion.
According to Odaily Planet Daily, Australian Treasurer Jim Chalmers and Financial Services Minister Daniel Mulino introduced the "Companies Amendment (Digital Assets Framework) Bill 2025" to Parliament on Wednesday, aiming to address regulatory gaps and strengthen the protection of billions of dollars in customer assets.
The bill brings crypto exchanges and custody service providers under the regulatory purview of financial services laws and designates the Australian Securities and Investments Commission (ASIC) as the primary regulator. The new framework introduces two new categories of financial products: digital asset platforms and tokenized custody platforms, requiring operators to hold an “Australian Financial Services License.”
These platforms must operate "efficiently, honestly, and fairly" and comply with ASIC's custody and settlement standards regarding asset security, trade execution, and processing of client instructions.
The bill includes exemptions: low-risk platforms with less than $5,000 in assets per customer and annual transaction volume below $10 million are exempt from full licensing requirements. The government says this move is expected to unlock $24 billion in annual productivity growth while imposing millions of dollars in fines on companies that fail to protect customer assets. (Decrypt)
According to data from SoSoValue, as reported by Odaily Planet Daily, the XRP spot ETF saw a net inflow of $21.81 million yesterday (November 26, Eastern Time).
The XRP spot ETF with the largest single-day net inflow yesterday was the Bitwise XRP ETF, with a net inflow of $7.46 million. The total historical net inflow of XRP has now reached $163 million.
The second largest inflow was the Canary XRP ETF (XRPC), with a net inflow of $5.21 million in a single day. XRPC's total historical net inflow has reached $335 million.
As of press time, the XRP spot ETF has a total net asset value of $676 million, an XRP net asset ratio of 0.50%, and a historical cumulative net inflow of $644 million.
According to Odaily Planet Daily, South Korean tech giant Naver and Dunamu, the parent company of South Korea's largest cryptocurrency exchange Upbit, plan to jointly invest 10 trillion won (approximately US$6.8 billion) over the next five years to build a new generation of financial infrastructure based on AI and blockchain technologies.
Naver's fintech arm, Naver Financial, confirmed on Wednesday that it will acquire Dunamu through a share swap. This is one of the largest collaborations in South Korea's fintech and crypto sectors, integrating Naver's AI and business capabilities, Naver Financial's payment and financial infrastructure, and Dunamu's digital asset trading and blockchain ecosystem.
Dunamu President Oh Kyung-seok stated that the two companies will also collaborate on issuing a stablecoin pegged to the Korean won. Previously, Naver Financial planned to launch a stablecoin wallet service in Busan next month. South Korean President Lee Jae-myung has chosen to promote the establishment of a stablecoin market pegged to the local currency in order to protect monetary sovereignty. (TheBlock)
According to SlowMist, cryptocurrency exchange Upbit has suspended all deposit and withdrawal services after confirming that approximately 54 billion Korean won (about $36.8 million) of Solana network assets were transferred to an unknown external wallet on November 27. Affected assets include 2Z, ACS, BONK, DOOD, DRIFT, HUMA, IO, JTO, JUP, LAYER, ME, MEW, MOODENG, ORCA, PENGU, PYTH, RAY, RENDER, SOL, SONIC, SOON, Trump, USDC, and W.
Odaily Planet Daily reports that Huang Licheng, known as "Brother Machi," posted on the X platform: "I'm long. You know what I mean."
Hyperbot data shows that all of Machi Dage's 25x leveraged Ethereum long positions and 10x leveraged HYPE long positions have turned from losses to profits, with total unrealized gains exceeding $1 million. The Ethereum long position has increased to 7,700 ETH, with a liquidation price of $2,853.28; the HYPE long position has 162,000 HYPE, with a liquidation price of $26.92.
According to Odaily, UPBIT revealed in a blog post that its Solana network suffered a hacker attack worth 54 billion won (US$36 million).
UPBIT stated that it will cover the losses incurred by all its customers due to this hacking incident.
Odaily Planet Daily reports that Alt5 Sigma Corp., a company associated with the Trump family's crypto projects, announced on Wednesday the dismissal of its acting CEO Jonathan Hugh and COO Ron Pitters. The company stated that the decision was unrelated to any specific misconduct.
Previously, Alt5 Sigma acquired the WLFI digital token created by World Liberty Financial for $1.5 billion in August. One of the company's subsidiaries was convicted of money laundering in Rwanda in May. The court had ordered the imprisonment of the company's head, Andre Beauchesne. Alt5 Sigma stated that its board of directors only learned of the Rwandan events in late August.
Furthermore, the company suspended former CEO Peter Tassiopoulos in October. According to documents filed this week, Alt5 Sigma President Tony Isaac has replaced Hugh as acting CEO. (Bloomberg)
According to CryptoQuant and Glassnode, Bitcoin (BTC) recently rose to over $90,500, but this rebound was affected by increased realized losses and weak demand.
A CryptoQuant report shows that investors are exiting positions at a loss, a pattern that typically signals a depletion of market momentum. Large deposits from major holders are driving up the inflow of BTC and ETH into exchanges, with the average deposit value surging, indicating that whales are transferring tokens to exchanges for sale. The average deposit amount for Ethereum (ETH) has also risen to its highest level in nearly three years.
In its weekly report, Glassnode noted that realized losses have climbed to levels comparable to previous cycle lows, and the profit/loss ratio for short-term holders has collapsed, highlighting insufficient remaining buying momentum. Combined data suggests that rising prices may be masking deeper liquidity pressures.
Analysts believe that any further gains are likely temporary and not a market turning point until liquidity recovers and demand strengthens. Currently, BTC is holding above $90,000, and ETH is trading around $2,900. (CoinDesk)
According to data from SoSoValue, the Solana spot ETF saw a net outflow of $8.1 million yesterday (November 26, Eastern Time).
Yesterday (November 26, Eastern Time), the 21Shares SOL spot ETF TSOL saw a net outflow of $34.37 million, bringing the total historical net outflow for TSOL to $26.22 million.
The SOL spot ETF with the largest single-day net inflow yesterday was the Bitwise SOL ETF BSOL, with a single-day net inflow of $13.33 million. The total historical net inflow of BSOL has now reached $528 million.
The second largest net inflow was into the Grayscale SOL ETF GSOL, with a single-day net inflow of $10.42 million. The total historical net inflow into GSOL is currently $73.5 million.
As of press time, the Solana spot ETF has a total net asset value of $918 million, a Solana net asset ratio of 1.15%, and a cumulative net inflow of $613 million.
According to Odaily Planet Daily, on November 26th (Eastern Time), the Bitwise Dogecoin ETF (ticker symbol BWOW) was officially listed on the NYSE, bringing the total number of listed DOGE spot ETFs to two.
According to SoSoValue data, the DOGE spot ETF saw a net inflow of $365,000 yesterday (November 26th, Eastern Time). Among them,
The Bitwise DOGE spot ETF saw no net inflows on its first day of trading, with a trading volume of $2.83 million and a total net asset value of $2.56 million.
The Grayscale DOGE spot ETF saw a net inflow of $365,000 in a single day, bringing its total historical net inflow to $2.16 million.
As of press time, the DOGE spot ETF has a total net asset value of $6.48 million, a net asset value ratio of 0.03%, and a cumulative net inflow of $2.16 million.
The Bitwise DOGE ETF supports cash/spot creation and redemption, with a management fee of 0.34%.
According to an official announcement, BitMart will launch IRYSUSDT perpetual contracts on November 27, 2025 at 15:00 (UTC+8), supporting leverage up to 20x.
According to an official announcement, Bitget has launched USDT-based IRYS perpetual contracts with leverage ranging from 1x to 20x. Contract trading bots will also be available simultaneously.
