Key Notes Backed Finance’s xStocks product gained over 84,000 holders with $12 billion in total volume since June launch. Daily transactions surpassed $30 million while assets under management reached $175 million for the tokenized equities platform. Kraken reported $648 million Q3 revenue and raised $800 million ahead of planned IPO filing with the SEC. US-based digital assets exchange Kraken has announced its acquisition of real-world asset (RWA) tokenization firm Backed Finance. The two firms had previously entered a strategic partnership to expand Backed Finance’s xStocks product onto Kraken’s exchange ecosystem.…
Category: Reviews
Hedera Price Surge 7% as $11 Trillion AUM Vanguard Group Launches HBAR ETF
Key Notes Vanguard’s $11 trillion asset management arm launched its inaugural HBAR ETF following Canary Capital’s successful approval last month. The Canary HBAR ETF accumulated $80.26 million in net inflows with spot buying dominating as open interest rose just 3.5 percent. Technical analysis shows HBAR consolidating in a falling wedge with breakout probability at 20.95 percent versus 67.06 percent downside risk. Hedera HBAR $0.14 24h volatility: 9.4% Market cap: $6.10 B Vol. 24h: $190.33 M advanced 6.5% on Tuesday, recovering from recent selling pressure as the broader market reacted to…
Innovation Exemption for Crypto Firms Set for January
Key Notes The President Trump administration is fulfilling its crypto mandate with the new SEC proposed ‘Innovation Exemption’ rollout. The launch of this crypto regulatory initiative is expected by January 2026. Paul Atkins blamed the US government shutdown for the delay so far. The US Securities and Exchange Commission (SEC) Chair, Paul Atkins, has revealed that the innovation exemption rule is on the roadmap for crypto firms in 2026. He specifically mentioned that this exemption would come into effect by January, reflecting the agency’s effort towards strengthening the crypto ecosystem…
XRP ETFs Overtake Bitcoin and Ethereum — Can XRP Rebound?
Key Notes XRP ETFs outperformed BTC, ETH, SOL, and DOGE ETFs, which saw minor inflows or net outflows on December 1. Asset manager Vanguard has opened the gates to allow trading for XRP ETFs on its platform. XRP price remains under pressure near the $2.00 support, as analysts remain divided over the next move. Although XRP XRP $2.14 24h volatility: 7.4% Market cap: $129.27 B Vol. 24h: $4.36 B price continues to flirt with the support zone around $2.0 levels, demand for spot XRP ETFs remains robust. On Dec. 1,…
Solana Flips Base Network to Dominate x402 Protocol
Key Notes Solana recently recorded an ATH of $380,000 in daily payment volume and about 750% week‑on‑week growth. Solana is now recognized as the most active network by dollar volume for x402 transactions. SOL price has recovered by almost 2% within the last 24 hours amid market rebound. Solana SOL $138.3 24h volatility: 11.0% Market cap: $77.30 B Vol. 24h: $6.28 B appears to have logged its biggest week yet for x402, an Artificial Intelligence (AI) agent protocol. As of Nov. 30, the blockchain recorded an All‑time High (ATH) of…
UK Govt Considering Ban on Crypto for Political Donations
Key Notes The UK government is considering a ban on crypto political donations. Officials fear crypto could enable foreign interference and money laundering. New rules will force traders to report personal details to exchanges from January. The British government is considering a ban on cryptocurrency donations to political parties, a move that has placed an uncomfortable spotlight on Nigel Farage’s Reform UK. Earlier in 2025, Reform became the first political party in Britain to formally accept digital-asset contributions. The policy was presented as part of its push for a “crypto…
10 European Banks Form Stablecoin Company qivalis
Key Notes Ten major European banks have formed a stablecoin company qivalis. The plan is to launch a euro-backed stablecoin by 2026. EU banks want to tackle the rising dominance of USD-backed stablecoins. A coalition of ten major European banks has officially launched a new Amsterdam‑based company called qivalis to create a euro‑pegged stablecoin capable of countering the overwhelming dominance of US digital‑dollar systems. The consortium includes ING, UniCredit, BNP Paribas, Raiffeisen Bank International, SEB, Danske Bank, CaixaBank, KBC, Banca Sella, and DekaBank. Together, these firms intend to build a…
Cantor Fitzgerald Reveals $1.28M Stake in SOL ETF
Key Notes Cantor Fitzgerald has a $1.28M position in the SOLZ ETF. TD Sequential on Solana’s weekly chart has printed a fresh buy signal for SOL. SOL is testing a long-term trendline that previously triggered rallies of 229%, 179%, and 1,634%. Cantor Fitzgerald’s latest Form 13F filing with the US Securities and Exchange Commission (SEC) has revealed that it now holds a position valued at $1.28 million in the Volatility Shares Solana ETF (SOLZ). The filing shows 58,000 shares accumulated in mid‑November and marks the first officially documented exposure the…
Grayscale Says Bitcoin 4-Year Cycle Stands Invalid, Eyes BTC Price All-Time High in 2026
Key Notes Grayscale believes that BTC’s fundamentals have evolved with the dominance of institutional capital via Bitcoin ETFs. The firm expects Bitcoin to reach new all-time highs in 2026 amid supportive macro factors such as Fed rate cuts. Analysts say Bitcoin is currently in a neutral trading zone, with Ted Pillows noting that BTC must reclaim $88,000 to resume bullish momentum. Despite the latest Bitcoin BTC $87 366 24h volatility: 1.8% Market cap: $1.74 T Vol. 24h: $73.04 B price drawdown to $85,000 and major market liquidations, Grayscale remains confident…
Binance Launches Deleted Account Service Tool
Key Notes Binance has floated the Deleted Account Service Tool. It is designed to allow past users of the exchange to quickly and securely download their transactional reports. The initiative supports the previous work of the exchange’s Data Protection Office (DPO). Leading cryptocurrency exchange Binance has launched a new portal dubbed the Deleted Account Service Tool. In an X post, the digital asset service provider acknowledged that there was no need for customers to lose their information after deleting an account. Therefore, the new tool is designed to take care…