U.today

Shiba Inu recently recovered from one of its few remaining technical anchors, an incredibly oversold RSI. For the time being, the slide was stopped solely by the indicators scraping levels that typically only show up during capitulation phases, according to the TradingView chart.

Becoming oversold

One of two patterns typically occurs when an asset falls into deep oversold territory while the price prints new multimonth lows: either exhaustion selling that precedes a rebound, or the initial phase of a protracted downtrend that grinds lower until liquidity dries up.

Due to sellers’ eventual lack of momentum, SHIB currently appears closer to the first scenario. Every major moving average, including the 50, 100 and 200, is stacked above the price, indicating a persistent macro downtrend. The fact that volume remained comparatively steady throughout the decline lends credence to the theory that this was a controlled, but gradual, unwind rather than panic-selling.

We are currently witnessing a technical, rather than sentiment-driven, rebound. The RSI signal and the temporary exhaustion of downward pressure are what buyers are responding to.

Possible scenarios

Two or three of the following scenarios are important.

First, rally toward the 50-day moving average in the short term. If the oversold bounce continues for a few more sessions, the price may move closer to the $0.0000095-$0.000010 range. That is where the 50-day and 20-day MAs meet. The bounce was merely a respite if SHIB is rejected there. Anticipate another test of the lows.

Second is sideways stabilization prior to an appropriate reversal of the trend. Consolidation becomes beneficial if volatility decreases and SHIB remains above $0.0000080. Here, a flat base would indicate that sellers have finished and accumulation has begun in silence. For a medium-term recovery, that is the healthiest configuration, but it will require time.

Third comes a breakdown if the bounce does not work right away. The RSI reset will not matter if SHIB closes below the most recent low. The token will be pulled by momentum into the deeper liquidity pocket of the $0.0000070 zone. Because the oversold rebound was accompanied by actual buy volume, this scenario is currently the least likely — but it is still possible.

According to ETF analyst Nate Geraci, cryptocurrency asset manager Grayscale is on track tolaunch the very first traditional spot Dogecoin ETF on Monday.

Geraci has opined that the launch of the ETF product, which might seem facetious at first glance, is actually highly symbolic.

The SEC, which used to be hostile toward the broader industry, is now openly embracing the cryptocurrency that is mostly perceived as a joke due to its meme origins.

The analyst believes that this should be viewed as the best example of a tremendous regulatory shift in the U.S.

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However, it should be noted that Dogecoin is still the 10th biggest cryptocurrency by market capitalization despite its meme coin status. According to CoinGecko, it currently has a market cap of $22.3 billion.

Other Dogecoin ETF proposals

REX Financial and Osprey Funds were the first issuers in the U.S. to launch a quasi-spot Dogecoin ETF. Their product began trading under the "DOJE" ticker on Sept. 18.

However, it does not offer pure spot exposure, which is why Grayscale's upcoming launch is currently being treated as a rather big milestone.

Bitwise and 21Shares are also in the spot Dogecoin ETF race. The latter partnered with the Dogecoin Foundation / House of Doge for this fund.

BlackRock, one of the world’s largest asset managers, held its first board meeting in Abu Dhabi.

This shows that the financial behemoth is increasingly focused on the UAE and the broader Middle East, according to Ripple’s Reece Merrick.

The executive has implied that BlackRock’s increased focus in Abu Dhabi could create more avenues for Ripple’s business.

High-level engagement

The meeting included UAE royalty and BlackRock CEO Larry Fink.

It focused on such areas as artificial intelligence (AI), advanced technologies, and reshaping global investments.

Abu Dhabi is clearly positioning itself as a global hub for innovation and finance, which aligns with Ripple’s strategy to expand in the region.

Ripple's history in the MENA region

Ripple has long seen the Middle East and North Africa (MENA) as a key region because of its large remittance corridors.

By 2021, RippleNet had already demonstrated strong transaction volume growth in the region.

The company also went on to establish its Middle East & Africa (MEA) regional office in Dubai International Financial Centre (DIFC).

In 2023, Ripple deepened its commitment by expanding its physical presence in Dubai and even bringing its annual “Swell” event to the city.

Ripple also partnered with the DIFC Innovation Hub.

In March 2025, the San Francisco-headquartered company received a license from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments in the DIFC.

Starting from July, Strategy (MSTR) has posted negative returns for five consecutive months.

Its terrible streak began with a minor 1% loss in August and escalated significantly into the fall.

$MSTR has fallen five straight months, and November is currently its second-worst month since adopting the Bitcoin strategy.Max pain. pic.twitter.com/zkcSfM4071

— Mark Harvey (@thepowerfulHRV) November 23, 2025

The company is on track to record the deepest drawdown of the year (so far) in November with a 37% decline. This would be the company's second-worst month since revealing its first Bitcoin purchase back in August 2020.

Strategy's dark streak

Strategy (formerly MicroStrategy) used to trade at a premium relative to the net asset value (NAV) of its Bitcoin holdings.

That premium has narrowed significantly, meaning investors are less willing to pay extra for its stock over simply owning Bitcoin.

Because its NAV premium has shrunk, capital via equity is now more difficult.

There’s been a broader market rotation in November, with tech and growth stocks (especially AI-linked) remaining under pressure.

Investors are reducing risk exposure more generally, and Strategy is particularly vulnerable in risk-off environments.

Uncertainty around Federal Reserve policy is weighing on risk assets, with Bitcoin slipping below the $80,000 level.

Strategy's current purchasing price stands at $74,433, which is not far off from where BTC is trading right now.

After four straight days of dropping from Nov. 19 to 22, Shiba Inu's price made a U-turn. At the time of writing, SHIB was up 3.93% in the last 24 hours to $0.000007952, having earlier reached $0.000008 on Sunday.

The sudden price reversal caught bears unawares, leading to an unwinding of short positions. This led to liquidations in short bets, which accounted for about 80% of the total wipeout in the last 24 hours.

According to CoinGlass data, total liquidations in the last 24 hours came to $57,200: shorts amounted to $46,210 or 5,835,332,744 SHIB, while long liquidations came in at $10,990.

Shiba Inu OI rises

The U-turn in Shiba Inu's price has seen SHIB's open interest flip back into the positive zone. Open interest refers to the total number of outstanding derivative contracts that have not been settled; a measure of the total number of open positions in a futures or options market, reflecting liquidity and market activity.

According to CoinGlass data, open interest for Shiba Inu increased to $78.57 million in the last 24 hours, a 5% rise.

What's next for Shiba Inu price?

Major cryptocurrencies, including Shiba Inu, are trading in the green on Sunday. However, it might be too early to call this a reversal as the market aims for stability after October's sell-off.

It will be watched to see if this is a temporary relief rally or a reversal that might lead to a more sustained move in the days ahead.

If the current recovery is a dead cat bounce leading to a further drop in the market, Shiba Inu would target support at $0.000006 and $0.000007.

On the other hand, if Shiba Inu confirms a bottom at the $0.0000071 low, the price would seek to stabilize in the coming days, with a short-term consolidation emanating before the next major move.

In the instance that Shiba Inu begins an immediate move if the broader crypto market recovers, it will target its daily moving averages 50 and 200 at $0.00000991 and $0.00001024, respectively.

This week, Bitcoin Cash (BCH) suddenly forced its way back into the center of the market conversation after delivering the strongest performance among all major assets. This move instantly pushed BCH closer to Cardano’s position in the top-10 ranking byCoinMarketCap, turning what used to be a relic of the crypto market into a potential top-10 contestant driven by real capital, not narratives.

Over the past seven days, BCH gained over 10%, while the rest of the large-caps spent the week under pressure. Just look at the contrast:BTC fell 10.54%, ETH lost 13.13%, SOL is down 9.14%,DOGE lost 13.18%, and ZEC plunged by 19.75%.

This means that Bitcoin Cash was not just the best performer, but the only one with a positive weekly return. With BCH at $544 and a market cap of $10.8 billion, closing the distance on Cardano’s $14.7 billion, the once unreachable gap has begun to shrink in real time.

A major driver behind this move is unusually tangible. MFI International Limited announced plans to acquire $500 million worth of Bitcoin Cash as part of its new "digital asset treasury" strategy.

$500 million for Bitcoin Cash

MFI is a small, Hong Kong-based fintech company that operates trading infrastructure in China and Southeast Asia. No matter how credible the company is, the headline of someone injecting half a billion into the asset everyone forgot about was enough to trigger the bulls.

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Combined with the visible surge on the weekly chart, where BCH experienced one of its biggest upward movements since mid-2024, the result is a market in which Bitcoin Cash is no longer considered a legacy "dino coin," but rather one of the few large caps capable of delivering weekly gains while everything else trends downward.

Cardano is now the one defending its position rather than setting the pace.

Michael Saylor picked four words to sum up his position as Bitcoin goes through one of the most brutal market crashes of the cycle: "I Won't Back Down." It does not seem like another meme from the guy who turned a corporate treasury strategy into a unilateral Bitcoin bet, as the context makes the message more serious this time.

Strategy, the public company Saylor chairs, holds 649,870 BTC at an average cost of $74,430, a position worth roughly $56 billion after the latest compression in the Bitcoin market. Despite Bitcoin's decline from above $120,000 to under $90,000, the position still carries a profit of 16.67%.

I Won’t ₿ack Down

— Michael Saylor (@saylor) November 23, 2025

However, the company's stock has been under pressure. MSTR fell toward the $170 zone, wiping out nearly the entire premium the stock used to command over its holdings, while the NAV multiplier touched levels not seen since the early phases of the Bitcoin-treasury experiment.

Is Strategy in trouble?

Saylor's brief statement arrived hours after Strategy's weekly poll showed 77.8% of respondents claiming they "HODLed" through the latest sell-off, confirming that the Bitcoin crowd still views the downturn as a temporary setback rather than a strategy-breaker.

Bitcoin fell to $80,600 this week, erasing over 30% of gains since October and triggering billions in forced liquidations. Critics, includingPeter Schiff, are questioning Bitcoin Strategy's leverage, valuation and survivability.

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Saylor's response is the same as always: the drawdown does not matter, the mission has not changed, and in his view, the company can handle much deeper retracements without changing its position. His message is short and defiant, and it is clear he is not backing down.

XRP climbed back over $2 after a run of selling the past week, and the latest Bollinger Bands setup now points to the strongest upward scenario on theTradingView chart. The Bands use a 20-period average with two curves around it that expand and contract with volatility, giving the market a clear view of where the next move can go.

On the daily chart,XRP trades around $2.04, which puts it back above the middle band at $2.02. This matters because the price recently stayed close to the lower band near $1.92, a level that usually signals heavy pressure. Moving back above the middle band often marks a change in behavior, showing that buyers have stepped in and sellers are losing control.

The next important level above is the upper band around $2.52, a zone XRP struggled to break earlier this season.

The weekly chart supports this view. XRP sits just under the weekly mid-band near $2.22, but the lower band at around $1.80 held on the first drop. This means the decline did not break the trend. Instead, the price stayed inside a wide range that has guided XRP for almost a year, which keeps the structure constructive.

Best price scenario for XRP

The strongest signal comes from the monthly time frame.XRP remains well above the monthly mid-band at $1.74, which decides the long-term direction. Staying above it keeps the trend in good condition even when short-term swings look heavy.

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From this setup, the best scenario is simple: if XRP continues to hold above the monthly mid-band, the path toward the upper monthly band at $3.61 stays open, signaling room for a full recovery and a possible new all-time high.

According to Ripple Senior Executive Officer and Managing Director Middle East & Africa Reece Merrick, the digital future demands unified infrastructure, not piecemeal solutions.

To align with this digital future, Merrick stated that Ripple is building infrastructure that will enable global finance to go on-chain.

The digital future demands unified infrastructure, not piecemeal solutions @Ripple is building infrastructure that will enable global finance to go on-chain 🚀 Payments: Real-time cross-border payments utilising #XRP/ #RLUSD on the #XRPL🔐 Custody: Bank-grade security for… pic.twitter.com/XqnCk2melE

— Reece Merrick (@reece_merrick) November 22, 2025

The top executive outlines four ways by which Ripple is unifying its infrastructure in preparation for the digital future. First is through payments with real time cross border payments. Others include custody, tokenization and prime brokerage.

Ripple’s solutions utilize XRP Ledger, XRP and the Ripple USD (RLUSD) stablecoin to power blockchain use cases at large.

Ripple making big moves

In the last two years, Ripple has made six acquisitions spanning payments, custody and stablecoins, while entering new markets in prime brokerage and treasury management.

As a crypto and blockchain supporter, Ripple has invested almost $4 billion into the crypto ecosystem through strategic investments and M&A.

Earlier in 2025, the company added stablecoin infrastructure company Rail, increasing capabilities to Ripple Payments as a full-service cross-border platform, using Ripple USD (RLUSD) and XRP to move money globally.

XRP's next phase envisioned

Over the years, XRP’s role has expanded from powering payments to providing liquidity, settling tokenized assets and enabling real-time movement of value across markets. It is now positioned to play a central role as institutional markets evolve, from digital asset-backed treasury securities (DATS) to digital exchange-traded funds (ETFs).

In this light, RippleX developers led by JA Akinyele, Ripple's Head of Engineering and CTO David Schwartz recently revealed a thought experiment on how native staking could be enabled on XRP Ledger.

Robert Kiyosaki pushed himself back into theBitcoin market conversation today after issuing another warning about what he calls the beginning of the "biggest crash in history," a claim he paired with a call to accumulate assets he believes can function during a big downturn.

His latest post puts silver in the lead, but Bitcoin remains part of the basket he says still deserves active buying.

Kiyosaki’s update follows a week of mixed macro signals across major economies and a visible cooldown in real estate and labor data, developments he often uses as markers for a deeper market break. The "Rich Dad, Poor Dad" author argues that these pressures, combined with accelerating disruption from AI, are enough to justify shifting capital into what he describes as durable stores of value.

BIGGEST CRASH IN HISTORY STARTINGIn 2013 I published RICH DADs PROPHECY predicting the biggest crash in history was coming.Unfortunately that crash has arrived.It’s not just the US. Europe and Asia are crashing.AI will wipe out jobs and when jobs crash office and…

— Robert Kiyosaki (@theRealKiyosaki) November 23, 2025

In his view, that list continues to be gold, silver, Bitcoin and Ethereum.

Kiyosaki takes profit on Bitcoin

The remarks come only days after the writer confirmed selling about$2.25 million in long-held Bitcoin at $90,000 per BTC, a position he originally built near $6,000. He framed the exit as taking profit rather than reversing his stance with an intent to rebuild exposure with revenue from newer business projects.

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In today’s note, Kiyosaki directed most of his attention to silver, outlining price expectations of $70 in the near term and as high as $200 by 2026. Even so, the inclusion ofBitcoin alongside those projections signals that he still sees it as part of the defensive playbook he recommends for periods of crisis.

The market is back in the green today, according to CoinStats.

BTC/USD

The price of Bitcoin (BTC) has risen by 2.69% over the last day.

On the hourly chart, the rate of BTC is on the way to the resistance of $86,791. If bulls can hold the gained initiative, one can expect a level breakout, followed by a test of the $87,000 area.

On the bigger time frame, the price of the main crypto is far from the key levels. Even if the daily candle closes near its peak, buyers might need more time to accumulate energy for a further move.

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In this case, sideways trading in the range of $85,000-$88,000 is the more likely scenario.

From the midterm point of view, there are no reversal signals so far. In this regard, traders may witness an ongoing fall to the $80,000 mark in the next days.

Bitcoin is trading at $86,457 at press time.

The rates of most of the coins are rising today, according to CoinStats.

ETH/USD

The price of Ethereum (ETH) has gone up by 3.18% over the last 24 hours.

On the hourly chart, the rate of ETH has made a false breakout of the local resistance of $2,834.

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However, if the daily candle closes near that mark or above, the upward move may continue to the $2,900 range soon.

On the bigger time frame, the price of the main altcoin is far from the main levels. The volume has declined, which means traders are unlikely to see sharp moves by the end of the week.

From the midterm point of view, one should pay attention to the weekly bar closure in terms of the $2,857 level. If a false breakout happens, traders may see a local bounce back to the $3,000-$3,200 zone.

Ethereum is trading at $2,817 at press time.

Bulls are trying to return to the game on the last day of the week, according to CoinMarketCap.

XRP/USD

The rate of XRP has risen by almost 7% since yesterday. Over the last week, the price has fallen by 10.44%.

On the hourly chart, the price of XRP is going down after setting a local resistance at $2.0760. If the daily bar closes far from that mark, the correction is likely to continue to the $2 zone.

On the bigger time frame, neither side is dominating as the rate is far from the key support and resistance levels.

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In this case, the sideways trading in the range of $1.90-$2.10 is the more likely scenario over the next few days.

From the midterm point of view, the situation is similar. If the weekly bar closes near its low, the correction may lead to a test of the $1.50 zone by the end of the month.

XRP is trading at $2.0258 at press time.

The crypto market heads into the final full week of November with a setup that looks nothing like the exhaustion you would expect after two months of pressure and instead resembles one of those rare transition points where historical seasonality, ETF inflows and liquidation imbalances collide to produce conditions traders tend to underestimate until they see the big-time move.

TL;DR

DOGE and SHIB show statistical conditions for a "Santa Rally."XRP ETF absorption places a path toward $5 on the table.Bitcoin bulls recaptured $37 million in liquidations despite a tough week.Price history for DOGE and SHIB hints at "Santa Rally" opportunity

Historical seasonality for DOGE andSHIB is one of those things everyone stops talking about until it suddenly becomes relevant again. DOGE, being the older and more "grown-up" meme asset, usually enters December with one of the most reliable year-end patterns on the entire retail side of the market.

CryptoRank’s table shows the same thing every cycle: the November-December block delivers green far more often than it does not, with multiple years printing triple-digit moves or at least very clean recoveries from whatever damage the fall did before that.

This is important because DOGE spent most of 2025 moving sideways inside a long, dull structure while still managing to keep a year-to-date gain of around 23%. Historically, this exact part of the calendar is where DOGE either snaps upward with a real move or resets just enough to let new capital in, which is exactly what happened last year when it ran for several weeks straight and only cooled off once January arrived.

SHIB has the same timing but a completely different volatility shape. Its extreme month is still October 2021 with that absurd +833.6%, yet even in calmer years the back end of Q4 tends to tilt positive. The Shiba Inu coin is down about 57% this year, which means it does not need much — just a slight improvement in liquidity or a small sentiment shift — to flip into a recovery leg.

Put both charts together and the picture is obvious. DOGE held green across the year, SHIB bled nonstop, but both opened their rally windows at the same moment 12 months ago. That is why the "Santa Rally" idea is being taken seriously again.

XRP to $5? Here's how XRP ETF demand can make it real

XRP continues to hold the $1.90 zone, which capped the entire 2021 bull run and has since become one of the main liquidity bases of this cycle. The market has pushed XRP into this area four times this year, and each time, the bounce was fast enough to demonstrate substantial support, rather than the superficial support that traders pretend to care about.

The ETF angle changes the whole structure: spot ETFs could remove 4-5 billion XRP from circulation by the end of the year if inflows continue. Canary Capital picked up more than $281 million worth of XRP in its first week. This means that the next issuers — Franklin Templeton, Grayscale and 21Shares — will likely absorb far more once their products launch.

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Combined, ETF flows could exceed Canary's by roughly tenfold. Under that setup, the path toward $5 becomes the main recovery scenario, not an overly optimistic prediction. A weaker inflow phase keeps XRP near $3.20, while a very strong inflow opens the door to prices above $6.00.

The chart supports this idea. RSI sits around 37, placing XRP at the lower edge of its long-term channel without breaking any major trend. With the key liquidity floor at $1.90 and ETF demand increasing, XRP enters December with one of the cleanest asymmetric setups in the large-cap group.

Bitcoin bulls trigger $37 million liquidation imbalance

According toCoinGlass,Bitcoin saw $56.8 million in liquidations over the last 24 hours, with only $9.85 million coming from longs and everything else hitting shorts, which is a strange outcome considering the asset spent the entire week under pressure, dropped 8.78% at one point and even touched $80,600 before the market caught its breath again.

Despite all the stress, headlines and red candles, bulls still walked away with about $37 million reclaimed through short liquidations, and the price managed to rebound toward $85,900 in the same window, turning what looked like another heavy week into a setup where the lower $80,000 area acts more like a liquidity trap for aggressive shorts than an actual breakdown.

The overall picture is that short-side pressure is far more fragile than the chart suggests, and the liquidation map reinforces that by showing clusters building exactly where shorts keep entering and getting flushed. Even though Bitcoin still sits inside a difficult environment, this pattern — bullish liquidations into a red weekly structure — rarely comes without some kind of positioning reset under the surface.

Crypto market outlook

DOGE and SHIB continue to show seasonal patterns that often lead to cleaner rallies late in the year, XRP reacts more to ETF mechanics than sentiment, and Bitcoin’s liquidation profile leans slightly in favor of buyers even after a tough week. These elements shape the final stretch of November and set the early-December tone.

Bitcoin (BTC): Holding $85,900 rebound while $80,600-$82,000 stays in the liquidity zone. Needs $90,000 to flip bias.XRP: Trading near $2.03-$2.10 after defending $1.90 again. ETF flows keep $2.20-$2.24 as the first upside gate.Shiba Inu (SHIB): Sitting around -57% YTD, any move through $0.00000890-$0.00000900 opens its seasonal recovery window.

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In the last seven days, a total of over 46 million SHIB have been burned without causing an impact in burn rate, rather the SHIB burn rate took a decline.

According to Shibburn, a total of 46,597,909 SHIB were burned in the past seven days, with the weekly burn rate dropping 94.35%.

Contributing to the low amount burned weekly is a drop in the amount burned on a 24-hour basis, which stayed slightly above 1 million SHIB. In the last 24 hours, a total of 1,345,602 SHIB were burned, resulting in a drop in daily burn rate by 33.48%.

Despite the low amount of SHIB burned, it still contributed to a reduction in Shiba Inu's total supply, suggesting it is not utterly useless. According to Shibburn data, the Shiba Inu total supply now stands at589,246,313,129,194 SHIB, a drop from the initial 1 quadrillion token supply at inception.

HOURLY SHIB UPDATE$SHIB Price: $0.00000786 (1hr 0.98% ▲ | 24hr -0.12% ▼ )Market Cap: $4,634,988,090 (-0.08% ▼)Total Supply: 589,246,313,129,194TOKENS BURNTPast 24Hrs: 1,345,602 (-33.48% ▼)Past 7 Days: 46,597,909 (-94.35% ▼)

— Shibburn (@shibburn) November 23, 2025

The drop in Shiba Inu burns across daily and weekly time frames follows lackluster action in the broader crypto markets, with Shiba Inu falling to lows last seen in October 2023.

The drop also coincided with the appearance of the first ever death cross on Shiba Inu's weekly chart.

Shiba Inu gets December surprise

Major crypto exchange Coinbase has recently announced it would be launching new U.S. perpetual-style futures for Shiba Inu, giving retail traders access to one of the most widely used derivatives products in crypto within a regulated environment. Shiba Inu also stands to benefit from the upcoming launch of 24/7 trading for altcoin monthly futures.

Beginning Dec. 5, 24/7 trading will go live for all altcoin monthly futures from Coinbase Derivatives, while on Dec. 12, U.S. perpetual-style futures for Shiba Inu will go live in the U.S.

In a recent listing, Gemini crypto exchange launched perpetual contracts for Shiba Inu, allowing users to take long or short positions with up to 100x leverage.

Bitcoin evangelist Peter McCormack has slammed gold bug Peter Schiff as a "nasty" human in his social media post.

"The thing that I despise most about Schiff is that he is a nasty human. So many people have worked so hard to save money and invest in their future and the future of their family," McCormack said following Schiff's most recent attack against Bitcoin.

Earlier this week, Bitcoin experienced a dramatic price drop, briefly nose-diving below the $81,000

Schiff's schadenfreude was glaringly obvious during the crash, with the gold bug not even trying to hide his glee on social media.

The financial commentator is busy reveling in Bitcoin's downfall, predicting that the leading cryptocurrency will manage to log a new record high only if there is a US government bailout.

In his most recent social media post, which has prompted McCormack's response, Schiff now claims that the political incentive to back Bitcoin will not erode following the most recent price crash.

"As the price drops, the whales will have less money to donate, and voters will be looking for someone to blame for their losses. Once political support is gone, the bubble will deflate even faster," Schiff said.

Schiff has also predicted that Bitcoin's future sell-off will be even bigger, given that a significant portion of Bitcoin's supply is moving from strong hands to weak hands.

More backlash

Schiff is now facing more backlash following his anti-Bitcoin comments.

"He has cost gold people who listened to him millions of dollars of lost profit. He shows zero shame for this," investment manager Lawrence Lepard said.

Even though gold has vastly outperformed Bitcoin this year, it is still lagging behind the leading cryptocurrency on higher time frames.

Renowned Bitcoin evangelistMax Keiser decided to frame the current market dip as nothing more than the last breath of a long distribution phase, and he did it on the same day Bloomberg screens showed something the market had almost given up on seeing this month — a rare session of net inflows into the Bitcoin ETF complex, with the group pushing a positive day even as the heaviest product in the lineup, BlackRock's IBIT, closed with another red print.

That contrast between a bleeding market and green ETF columns appeared right as the weekly BTC chart reached the zone traders have been tracking since early Q1, becauseBitcoin has now retraced roughly 32% from its $129,000 peak and landed on the mid-range area between $86,000 and $80,600.

The ETF numbers back this up, with figures instead of stories, since the crypto investments market posted a $238 million positive day despite losing over $4.3 billion across the month, which suggests that several investors with real money are buying into the latest drop instead of waiting for lower quotes.

Distribution ends. Accumulation begins. New BTC high in 2025. https://t.co/f0FJgTzonO

— Max Keiser (@maxkeiser) November 23, 2025

This matches what Keiser said, which is that the market has crossed into accumulation, whether retail investors like it or not.

Bitcoin price in focus

The chart context adds another layer, because below $80,600 sits the final major structural level at $74,110, which is, accidentally or not,the average buy price of Michael Saylor's Strategy, which currently holds 649,870 BTC worth as much as $55.96 billion.

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If that zone remains untouched through the next few weekly candles,Bitcoin keeps its potential path toward the former resistance corridor around $112,000 and then the $120,000-$125,000 pocket that needs to be reclaimed before any conversation about a 2025 all-time high becomes any serious.

Matt Hougan, chief investment officer at Bitwise Asset Management, hasopined that XRP is now entering its value capture era.

Hougan has stressed that one of the key sources of investment alpha is recognizing when tokens improve their ability to capture value for holders, rather than just serving as governance or utility tokens.

He has cited UNI, the native token of Uniswap, as an example. Previously a governance token with little direct benefit to holders, UNI may now burn a portion of trading fees, thus boosting the intrinsic token value.

When it comes to Ethereum (ETH), the Fusaka upgrade introduces minimum fees for Layer 2 data recording. This will potentially increase revenue capture by up to ten times.

"You see a growing focus on value capture in XRP as well. The community is starting to consider ideas like staking, which would change the economics for token holders," Hougan says.

He’s arguing that XRP is entering a phase where holders could see more direct economic benefit, rather than relying solely on network growth or speculative demand.

Value capture is no longer risky

Tokens like XRP were created in a regulatory era where aggressive value capture was risky, so most defaulted to governance-only designs.

Now that regulatory clarity is improving, networks can implement features like staking, fee capture, or token burns. This will benefit token holders.

“Most of today’s tokens were created in a regulatory era where value capture was risky; as a result, they defaulted to vague governance-style design choices. Under the new regulatory climate, that’s being unwound," he said.

As reported by U.Today, XRP Ledger is currently exploring staking or other value-capture mechanisms for XRPL without compromising speed, low fees, or decentralized governance.

The goal is to align network incentives with token holders, thus creating a long-term economic model for XRP.

Ripple CTO David Schwartz also recently weighed in on the matter,floating the idea of creating a two-layer consensus model.

David Schwartz, chief technology officer at Ripple, hasopined that new revenue models could reduce the need for XRP sales.

"…how is it better if Ripple feels more pressure to sell more XRP if the price drops? Wouldn't you think other sources of income reduce this pressure?" Schwartz said in a recent social media post.

Ripple's main cash cow

Ripple, the company associated with the XRP token, has two main business arms: XRP sales on the open market as well as enterprise products and services, such as RippleNet and cross-border payment solutions.

A significant portion of Ripple’s operational revenue historically came from selling XRP from its corporate holdings. The Financial Times, for instance, previously reported that the enterprise blockchain firm would not be profitable without selling XRP. Schwartz also previously admitted that XRP accounts for virtually all of Ripple's revenue.

Earlier this year, Schwartzstated that Ripple should act in its own interests when it comes to XRP sales.

Ripple holds billions of XRP in escrow. Each month, it releases a fixed amount to fund company operations and market initiatives. This essentially means that Ripple’s cash flow was tightly linked to XRP price and market liquidity.

Given that Ripple sold XRP to generate revenue, investors worried about large-scale sales depressing XRP’s price, especially during market downturns.

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Diversifying revenue streams

In recent years, Ripple has tried to diversify income through new revenue streams to reduce the company’s dependency on selling XRL. The RLUSD stablecoin is one of them.

Critics argue that new sources of income might be negative for XRP since it could be treated more like a spare asset, but Schwartz sees it as a positive stabilization factor.

IOG CEO Charles Hoskinson has rejected the accusations of "vibe coding" halting the Cardano blockchain.

"This is an example of a narrative that is wrong on so many levels…" the Cardano founder said in a recent social media post.

"A highly personal attack"

Earlier this week, a stake pool operator submitted a malformed delegation transaction to the Cardano mainnet.

The transaction targeted Charles Hoskinson’s personal stake pool, exploiting a deserialization bug in a cryptographic library dating back to 2022. Newer nodes parsed it incorrectly, while older nodes rejected it.

"It's a very obscure, arcane bug that came from a library from 2022, and three years later was discovered. So, someone probably pretty smart who is pretty familiar with Cardano stumbled across something and thought that they were being cute and clever. These things happen," Hoskinson said.

This resulted in a chain split, with the rejected chain rejecting malformed transactions and continuing normally, and the poisoned one causing invalid blocks and a temporary network partition.

Hoskinson has stated that this was "obviously" a highly personal attack.

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He has also stressed that the network did not actually go down, and it has shown that it is capable of surviving such "catastrophic" events.

Block production actually continued on both chains, and the network ended up converging via node upgrades.

Vibe coding?

Homer J, the attacker,admitted responsibility on the X social media platform and expressed regret.

He claims that the exploit originated from a personal "challenge," and AI was used as guidance in his testing, but he ended up misapplying it, which caused network disruption. This created the narrative about vibe coding, the practice of writing computer code with the help of AI tools, halting Cardano.

Wait someone halted Cardano today with a vibe coded exploit? LOL https://t.co/MgE9CBAWFP

— zodomo.eth (🌍,💻) (@Zodomo) November 22, 2025

In his social media post, analyst Nic Carter described the exploit as "some guy vibe coded an exploit which brought down the entire Cardano blockchain."

However, Hoskinson insists that this narrative is false, and it is undoing ten years of "formal methods, high assurance engineering, and meticulous science."