Day: November 26, 2025

Edel Finance-Linked Wallets ‘Snipe’ 30% Token Supply, Bag $11M: Bubblemaps

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Concerns are mounting over unusual activity surrounding the token launch of Edel Finance, a lending protocol focused on tokenized stocks and real-world assets (RWAs). Blockchain analytics platform Bubblemaps claimed in a Tuesday X post that a cluster of about 160 wallets accumulated 30% of the EDEL token supply, worth $11 million, during the launch earlier this month. The platform alleged the wallets were linked and funded in a coordinated fashion immediately before trading opened. “Edel Finance sniped 30% of $EDEL. Then tried to hide it behind a maze of wallets…

Naver to Buy Upbit Operator Dunamu in $10.3 Billion Stock Swap

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Naver Financial, the fintech arm of South Korean tech conglomerate Naver, announced plans to acquire Upbit operator Dunamu in a stock-swap deal valued at about 15.1 trillion won ($10.3 billion). According to a Wednesday filing, Naver Financial will issue 87.56 million new shares to Dunamu shareholders. The transaction will make Dunamu a wholly owned subsidiary of Naver Financial. The exchange ratio was set using an external discounted cash-flow valuation, which put the corporate value ratio at 1:3.064569 and, after adjusting for each firm’s outstanding shares, produced a final exchange price…

The Bull And Bear Scenario For XRP That Could Play Out In November

After a few months of ups and downs, the XRP price had fallen below $2 this month for the first time in seven months, breaking down toward its yearly support of $1.79. While there has been some recovery recently, the momentum remains low, and the chances of a sustained recovery decline with each new dip. As the altcoin continues to struggle, a market analyst has outlined the two major directions that the price could go in, given the bull and bear scenarios. The Bull Case For XRP For the XRP…

Strategy Prepares for $75K or $25K BTC After S&P 500 Exclusion

Key Notes Strategy says its 649,870 BTC still cover its $8.2B convertible debt by 5.9× at its $74K cost basis. Even at $25K BTC, the firm claims its debt remains covered 2x. MSCI’s upcoming January 2026 review may trigger up to $8.8B in forced selling for Bitcoin-heavy firms. Strategy calmed investors after another exclusion from the S&P 500 Index and said that its balance sheet remains solid even as Bitcoin BTC $86 972 24h volatility: 0.2% Market cap: $1.74 T Vol. 24h: $63.09 B crashed to $80,000 not long ago.…

“Why This Bitcoin Crash Is Actually Bullish” | Anthony Scaramucci

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Bitcoin #Crypto #Finance Bitcoin has surged 5x since 2023… but according to Anthony Scaramucci, the real bull market hasn’t even begun. In this in-depth interview, we break down why the recent selloff could be setting the stage for Bitcoin’s next major rally, how institutional adoption and ETF flows are changing the game, and why the altcoin market is facing a brutal reset. Scaramucci shares his $150K Bitcoin outlook, explains how Gensler accidentally saved crypto, and reveals which assets could dominate the next…

Spain Proposes Crypto Tax Hike and New Risk Rules, Sparking Backlash

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Spain’s Sumar parliamentary group has introduced amendments to reform three major tax laws affecting cryptocurrencies, including the General Tax Law, Income Tax Law and Inheritance and Gift Tax Law. The proposal would change how crypto profits are taxed, shifting gains from non-financial-instrument assets into the general income tax bracket, which would raise the top rate to 47% instead of the current 30% savings rate, while setting a flat 30% tax for corporate holders, according to a Tuesday report from CriptoNoticias. The plan by the left-wing political platform would also require…

Franklin Templeton Pushes for Solana ETF as Inflows Surge

Key Notes Franklin Templeton stated that it will waive off management fee for the first $5 billion coming to its Solana ETFs. Spot Solana ETFs saw significant demand with Bitwise’s BSOL crossing the $500 million asset milestone. Analysts expect a potential SOL price recovery, citing technical setups and targets of up to $175. Asset manager Franklin Templeton is now planning to introduce its Solana ETF in the US market, amid strong response and inflows into this fund. As a result, it will compete with players like Fidelity, Bitwise, VanEck, Grayscale,…