Category: Analysis

Circle’s USDC Reaches $73.7B in Circulation as Q3 Profit Triples

Key Notes USDC circulation grew 108% year-over-year to $73.7 billion, with net income of $214 million for the quarter ending September 30. USDC holds a 29% market share as the second-largest stablecoin behind Tether’s USDT at approximately $183 billion in circulation. Total revenue reached $740 million, up 66% year-over-year, with adjusted EBITDA of $166 million. Circle Internet Financial reported USDC USDC $1.00 24h volatility: 0.0% Market cap: $75.97 B Vol. 24h: $10.49 B circulation reached $73.7 billion at the end of Q3 2025, marking 108% growth year-over-year, while exploring a…

Bybit Flags Code-Freeze Feature on 16 Major Blockchains

Key Notes Bybit’s Lazarus Security Lab has released a report showing that 16 major blockchains include code that freezes or restricts user funds. Three of such freezing mechanisms are hardcoded freezing, configuration-based freezing, and on-chain contract freezing. Bybit says this approach is against the decentralization principle of blockchain. Bybit’s Lazarus Security Lab has released a report showing that major blockchains include code that allows them to freeze or restrict user funds. In the report titled “Blockchain Freezing Exposed: Examine The Impact of Fund Freezing Ability in Blockchain,” this approach was…

Bitwise Chainlink ETF Listed on DTCC, When Will It Launch?

Key Notes Bitwise’s spot Chainlink ETF has appeared on DTCC, a pre-trade market infrastructure platform. This is not an assurance that the US SEC will approve the fund. Grayscale has also filed an S-1 registration to list the spot Chainlink ETF. Bitwise’s spot Chainlink Exchange Traded Fund (ETF) has been listed on the Depository Trust and Clearing Corporation’s registry. This is usually a positive sign that the fund is gradually inching closer to its launch. At the same time, it is not a guarantee that the United States Securities and…

$1B Stablecoin Inflow to Binance Signals Buying Spree

Key Notes Over $1 billion in stablecoins have entered Binance in 24 hours. Roughly $466 million in ETH has left the leading crypto exchange. The market is moving similarly to the sudden buying spree on Oct.12. Binance, the largest crypto exchange by trading volume, is showing positive signs for a market-wide surge. The exchange recorded net inflows of $377 million USDT USDT $1.00 24h volatility: 0.0% Market cap: $183.51 B Vol. 24h: $99.33 B and $650 million USDC USDC $1.00 24h volatility: 0.0% Market cap: $75.98 B Vol. 24h: $7.01…

Crypto Market Faces Downtrend on Nov. 12

The broader crypto market continued its downward trajectory over the past 24 hours. On Nov. 12, Bitcoin BTC $103 436 24h volatility: 1.6% Market cap: $2.06 T Vol. 24h: $59.89 B declined more than 2% and slipped below the $104,000 mark. Ethereum ETH $3 443 24h volatility: 3.3% Market cap: $415.66 B Vol. 24h: $31.44 B fell 3% to trade under $3,500. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or…

XRP ETF Canary Takes Flight: 8-A Filing Clears Path To Nasdaq Listing

Canary Capital filed formal paperwork on Monday that could let an XRP-backed ETF start trading on Nasdaq within days. According to the filing, Canary submitted a Form 8-A to the US Securities and Exchange Commission on November 10, 2025, a move that registers the fund’s shares under the Exchange Act and begins a regulatory clock that can lead to a listing if no objections are raised. Nasdaq Listing Moves Into Final Steps Based on reports, the shares are expected to trade under the ticker XRPC once Nasdaq completes its listing…

Bitcoin Recovery Falters — Weak Volume Signals Possible Exhaustion of Buyers

boss

Bitcoin price failed to recover above $107,000. BTC is trimming gains and might could continue to move down if it trades below $102,500. Bitcoin started a fresh decline after it failed to clear $107,000. The price is trading below $105,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $104,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $102,500 zone. Bitcoin Price Trims Gains…

Tether Appoints Senior HSBC Metals Traders to Advance Gold Portfolio

Key Notes HSBC veterans bring institutional expertise as Tether controls over $12 billion in gold reserves, positioning as major commodities player. Gold prices rebound above $4,100 amid geopolitical uncertainty and US shutdown, driving demand for tangible on-chain safety assets. Tether’s market cap exceeds $183 billion with $17 billion Q3 growth and $6.5 billion in excess reserves under new strategy. Tether, the world’s largest stablecoin issuer, hired senior metals traders from HSBC to oversee the expansion of its gold reserves and precious metals trading operations. The strategic recruitment reflects Tether’s plan…

BSOL Options Trading Launches Two Weeks After ETF Debut

Key Notes Bitwise BSOL options began trading Nov 11 with strike prices from $16-$26 and expirations through May 2026. The fund controls $497.2 million in assets and captures 98% of total Solana ETF market inflows since launching. BSOL stakes all holdings for 7.20% net rewards with zero fees on first $1 billion through January 2026. Options trading on the Bitwise Solana Staking ETF (BSOL) began on Nov. 11, adding derivatives to the spot exchange-traded fund that launched on Oct. 28. The development enables institutional investors to hedge positions and implement…

JPMorgan Partners Singapore’s Largest Bank, DBS, for Tokenized Deposit Transfers

Key Notes The framework creates interoperability standards allowing banks to issue and move blockchain-based deposit representations instantly. Tokenized deposits maintain full regulatory oversight while delivering programmability and settlement speed of blockchain technology. DBS previously executed the first interbank crypto options trade with Goldman Sachs involving Bitcoin and Ethereum last month. Singapore’s largest bank, DBS, has teamed up with JPMorgan’s Kinexys division to design a framework enabling real-time interbank transfers of tokenized deposits across multiple blockchains. The initiative represents a significant step toward merging traditional finance with decentralized settlement architecture. According…