News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
- PayPal launched a $1.386M Bitcoin raffle for U.S. users through December 21, offering weekly prizes up to $100,000 to boost crypto adoption. - Participants gain entries via crypto purchases (BTC, ETH, etc .) or mail-in submissions, with 1,008 winners selected across three prize tiers. - The promotion excludes PYUSD transactions due to regulatory constraints and requires verification for higher-value prizes. - PayPal emphasizes compliance with U.S. sweepstakes laws while highlighting crypto's growing inte
- BitMine adds $60M in ETH despite $4B in unrealized losses, holding 3% of Ethereum's circulating supply. - Ethereum drops 29% in a month as $689M exits funds, reflecting broader crypto risk-off sentiment and a DNS hijacking incident. - CEO Thomas Lee cites "liquidity shock" as cause, predicting V-shaped recovery akin to 2022 post-FTX rebound. - Firm shifts to active yield generation via MAVAN staking, aligning with industry trends to offset asset depreciation. - Institutional accumulation and structural d
- MicroStrategy introduces BTC Rating dashboard to reassure investors, showing 5.9x debt coverage even if Bitcoin drops to its $74,400 cost basis. - Institutional investors cut $5.38B in MSTR holdings as spot Bitcoin ETFs gain traction, eroding the stock's premium over net asset value. - $20B convertible debt structure poses risks, with $2.8B forced outflows possible if MSCI excludes MSTR from major indices in January 2026. - CEO Michael Saylor defends "hodl strategy" and $500M software business , but crit
Quick Take Summary is AI generated, newsroom reviewed. Arkham snapshot reveals an $8.3M ETH-only allocation. Trump-linked wallets historically held 92–95% ETH. Community views ETH as a leading global settlement layer. The move reinforces Ethereum’s growing dominance in 2025.References X Post Reference
Quick Take Summary is AI generated, newsroom reviewed. Bitcoin ETFs recorded $129M in inflows on Nov 25. Ethereum ETFs added $78M, signaling strong institutional confidence. Total crypto ETF inflows hit $207M in one day. XRP ETFs debuted strongly, led by Grayscale’s GXRP.References X Post Reference
- 01:17Yilihua: ETH returns to $3,000, extreme panic has passedJinse Finance reported that LiquidCapital (formerly LDCapital) founder Yi Lihua posted on social media: ETH has returned to 3000, the period of extreme panic has passed, and I remain optimistic about the subsequent market trend. In just seven months since April, we have experienced bottom-fishing, escaping the top, and bottom-fishing again. In the crypto world, one day feels like ten years in the real world. This is a highly volatile market that constantly tests the human weaknesses of greed and fear. It is a wonderful industry, but also a terrible one, full of faith and doubt, wisdom and ignorance, light and darkness, hope and despair.
- 01:12World Federation of Exchanges warns that SEC exemptions or weakened regulations for crypto tokens may undermine investor protectionBlockBeats News, November 27, according to Reuters, the World Federation of Exchanges (WFE) sent a letter to the US SEC this week, warning that granting regulatory "exemptions" to crypto companies to sell "tokenized stocks" may undermine investor protection and pose risks to market integrity. The WFE stated, "The SEC should avoid granting exemptions to companies seeking to circumvent regulatory principles that have protected the market for decades, and should ensure a level playing field and consistent rules for crypto platforms."
- 01:12Notice: U.S. stock markets will be closed today for Thanksgiving.BlockBeats News, November 27 — Due to the Thanksgiving holiday, major exchanges such as the New York Stock Exchange (NYSE) and certain other exchanges will be closed for the entire day, with no regular trading activity. The bond market will also be closed. Trading will resume on Friday (November 28, Black Friday), but only for a half-day session (from 9:30 a.m. to 1:00 p.m. Eastern Time).