Vaibhavv Ali
BlackRock’s spot Bitcoin ETF, IBIT, has experienced a notable shift, recording net outflows this week, suggesting sustained profit-taking by large investors even as Bitcoin (BTC) attempts a short-term price recovery. Key Flow Details: IBIT Outflows: IBIT saw a net outflow of over $66 million across November 24th (shedding $149.1 million) and November 25th (gaining a … Read more
South Korea’s premier crypto exchange, Upbit, commenced trading of the PLUME/KRW pair on November 26, 2025, which immediately sent the token’s price soaring by nearly 45% to $0.044 on Binance. This significant listing underscores growing institutional focus on tokenized assets and the rise of blockchain infrastructure for traditional finance, particularly in Asian markets. Key Details … Read more
Kraken has launched the Krak Card, a new Bitcoin rewards debit card powered by the Mastercard network, for users in the European Union and the UK. Key Features: Rewards: Users earn 1% cashback on every purchase, paid out in Bitcoin or their local fiat currency. Flexible Spending: The card links to the user’s spending balance … Read more
The Spanish Sumar Parliamentary Group has put forward three amendments to existing crypto tax laws, which, if approved, would significantly increase the tax burden on profits from cryptocurrencies like Bitcoin and Ethereum. Key Tax Amendments Proposed The main proposals involve moving crypto gains, not considered financial instruments, from the current savings base rates (taxed up … Read more
The South African Reserve Bank (SARB) has officially flagged crypto assets, including cryptocurrencies and stablecoins, as a systemic financial risk due to their growing adoption and unregulated nature. The central bank emphasized the urgent need for comprehensive regulation to manage the potential for disruption to South Africa’s financial system and safeguard economic stability, particularly concerning … Read more
MoonPay has achieved a significant regulatory milestone by being granted a New York Limited Purpose Trust Charter by the NYDFS. This new status, combined with the BitLicense it secured in June 2025, places MoonPay in an exclusive group of firms—alongside companies like Coinbase, PayPal, and Ripple—that hold both licenses. New Capabilities Unlocked by the Trust … Read more
U.S. Bank, a publicly traded bank based in Minneapolis, has announced it is testing a stablecoin on the Stellar blockchain. The project is a collaboration with consulting firm PwC and the Stellar Development Foundation. According to Mike Villano, head of digital asset products at U.S. Bank, the move views the blockchain as an “alternative payment … Read more
Robinhood is significantly expanding its focus on prediction markets by entering a joint venture with Susquehanna International Group to establish a new futures and derivatives exchange and clearinghouse. Key Details of the New Venture: Acquisition: The joint venture, which will be controlled by Robinhood, is set to acquire MIAXdx, a Derivatives Clearing Organization and Swap … Read more
Texas has advanced its plan to create a dedicated Texas Strategic Bitcoin Reserve by purchasing $5 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) ETF. This initial purchase utilizes a portion of the $10 million appropriated earlier this year by state legislation, positioning Texas as a potential first-mover among U.S. states to establish a formal, … Read more
The Ethena (ENA) token is currently at a critical juncture, with multiple on-chain and technical indicators pointing toward strong accumulation pressure and a potential structural rebound. Key Accumulation Signals: Whale Purchase: An Ethena-linked wallet executed an aggressive purchase, acquiring 25 million ENA (worth $6.7M) from Bybit, bringing its total holdings to 285.15 million ENA. This … Read more