Key Notes ATOM, ZEC, and ASI outperform the market with strong double-digit moves despite broader crypto weakness. Each token’s surge is tied to fresh catalysts: ATOM’s ecosystem updates, ZEC’s treasury and wallet developments, and ASI’s ongoing AI-alliance momentum. These gains highlight how selective narratives can drive standout altcoin performance even in a choppy market. Crypto heatmap today, on Nov. 20, looks greener than during the bloodbath at the start of the week. However, major coins have not yet recovered: BTC $91 713 24h volatility: 0.5% Market cap: $1.83 T Vol.…
Category: Reviews
Ark Invest Buys Circle, Bullish and BitMine Shares
Key Notes Ark Invest spent $39 million towards the purchase of Bullish, Circle, and BitMine shares across its ETFs. These purchases come at a time when the prices of crypto-related stocks have declined significantly. Strategy has also seen its MSTR stock dip by more than 9%. Popular asset management firm Ark Invest has invested approximately $39 million in the acquisition of shares in Bullish, Circle Internet Group, and BitMine Immersion Technologies. The purchases were made across the company’s Exchange Traded Funds (ETFs). With the gloomy condition of the crypto market…
BlackRock Files for Ethereum Staking ETF
Key Notes The move places BlackRock alongside 21Shares, Fidelity, Franklin Templeton, and Grayscale, all seeking to introduce staking-enabled Ethereum ETFs. Amid this development, BlackRock will still require S-1 filing and approval to bring the product to market. ETH price briefly fell to $2,870 but rebounded above $3,000, with analysts spotting whale accumulation on dips. World’s largest asset manager, BlackRock, has reportedly filed for a staked Ethereum ETF with the U.S. Securities and Exchange Commission (SEC). This new fund will sit along with the existing iShares Ether Fund (ETHA), which has…
Secret Exchange Inside HTX Linked to $10B Scam Network
Key Notes The nested exchange setup allowed the lesser-known platform to hide behind HTX. Kyrrex reportedly processed $10 billion in illegal transactions since 2022. Some investors are now suing Kyrrex for over $11 million. Investigators found that the exchange Kyrrex operated inside a larger exchange, HTX, and handled wallets linked to hackers, fraudsters, sanctioned actors and criminal networks. According to a report by the International Consortium of Investigative Journalists, “dozens of investors” have lost roughly $6.5 million through Kyrrex-controlled wallets. The investigative report found that the Kyrrex exchange was registered…
Solana (SOL) Aims Recovery Run, $155 Resistance Now Back in Focus
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Market Poised For A Drop Toward $2.03
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…
Circle Subsidiary Hashnote Launches Yield-Bearing USYC on BNB Chain
Key Notes Circle’s Hashnote brings institutional-grade Treasury collateral to BNB Chain with near real-time USDC settlement. The $1.07B fund offers 3.93% APY through price appreciation, targeting non-US institutions with KYC requirements. BNB Chain deployment follows recent institutional moves, addressing demand for regulated DeFi collateral. Hashnote, the institutional asset management subsidiary of Circle, has deployed its USYC tokenized money market fund on BNB Chain on Nov. 19. The launch enables investors to utilize the yield-bearing asset as collateral within the network’s decentralized finance protocols. The expansion brings USYC to the BNB…
Avalanche (AVAX) Delivers Major Update as November Losses Cross 25%
Key Notes US policy developments triggered the latest AVAX selloff, pushing monthly losses beyond 25% as market sentiment weakened across major cryptocurrencies. Granite upgrade delivers three protocol improvements including dynamic blocktimes, FaceID-compatible authentication, and optimized cross-chain messaging costs. Technical indicators show persistent bearish pressure with AVAX trading below all major moving averages and requiring a close above $16 for recovery signals. Avalanche AVAX $13.77 24h volatility: 6.4% Market cap: $5.90 B Vol. 24h: $441.84 M fell 6% on Nov. 19, trading as low as $13, exceeding its losses since the…
Bullish Swings to $18.5M Q3 Profit as Options Volume Tops $1 Billion
Key Notes Crypto options launched with 14 trading partners and crossed $1 billion in volume during Q3, while US spot trading began after NYDFS approval. Ark Invest has accumulated approximately $172 million in Bullish shares since the company’s August public listing across multiple ETFs. The exchange ended Q3 with $3.48 billion in net liquid assets and projects Q4 subscription revenue between $47 million and $53 million. Bullish reported net income of $18.5 million for the third quarter on Nov. 19, swinging to profitability from a loss in the prior year…
BlackRock Bitcoin ETF Sees Record $523 Million Outflow as BTC Drops Below $90,000
Key Notes November marks the worst month for Bitcoin ETFs with cumulative outflows surpassing all previous monthly records since launch. Average spot Bitcoin ETF purchase price sits at $90,146, leaving many investors at breakeven or loss levels amid current prices. Despite massive withdrawals, IBIT maintains market leadership with $87.63 billion in assets under management as of Nov 19. Investors pulled approximately $523 million from BlackRock‘s iShares Bitcoin Trust (IBIT) on Nov. 18, marking the fund’s largest outflow since its debut in January 2024, according to data from Farside Investors. This significant…