News

According to Foresight News, video platform Rumble has announced a $100 million advertising partnership with stablecoin issuer Tether. The agreement spans two years, with an annual commitment of $50 million, and is set to commence in the first quarter of 2026.

According to PANews, International Business Settlement Holdings Limited has acquired 247.8694 bitcoins between October 17 and November 7. The total value of the acquisition amounts to $25.7 million.

According to PANews, a Brazilian central bank official, Vivan, stated that the current tax situation for cryptocurrencies remains unchanged. The determination of the definition and timeline for taxing cryptocurrency transactions, similar to foreign exchange transactions, will be decided by the tax authorities.

According to PANews, a Brazilian central bank official, Vivan, emphasized the need for cryptocurrency companies to evaluate the suitability of allowing customers to engage in complex crypto-related operations. The official stated that algorithm-based stablecoins have been banned, and the buying and selling of these assets are currently being prohibited. While existing agreements remain valid, all stablecoin activities must cease.

Key TakeawaysXRP price jumped 11.16% to $2.53 amid ETF optimism and U.S. stimulus and shutdown resolutionWhales reduced selling, easing $650 million in outflows, signaling possible market stabilizationResistance zone between $2.60–$2.80 remains key, with $3.00 as a major psychological target XRP Jumps on Stimulus and ETF MomentumXRP price surged 11.16% to trade around $2.53, buoyed by a mix of macro optimism and ETF-related speculation.The rally followed U.S. President Donald Trump’s announcement of a $2,000 stimulus check for most Americans and a bipartisan agreement in the U.S. Senate to end the government shutdown.Additionally, new XRP ETF filings were seen on the Depository Trust & Clearing Corporation (DTCC), triggering a 20-day SEC review countdown and fueling renewed speculative positioning across the crypto market. The DTCC listings included Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares. Nate Geraci, co-founder of the ETF Institute and President of the ETF Store, wrote on X that “government shutdown ending [equals] spot crypto ETF floodgates opening. In meantime, could see first [Securities Act of 1933] spot XRP ETF launch this week.” Technical Indicators: Neutral Momentum, Growing StrengthAccording to the latest oscillator and moving average data, XRP’s technical outlook shows steady recovery signals and emerging bullish momentum:Relative Strength Index (RSI): 53.49, showing neutral momentum with room for further upsideMomentum (10): 0.03457, suggesting upward movement after recent consolidationMACD Level (12, 26): –0.06355, flattening near equilibrium, a potential trend reversal pointSource: TradingViewWhat the moving averages show:The Exponential Moving Average (10) sits at 2.38877, while the Simple Moving Average (10) is 2.36086, both below the current market price — reflecting short-term bullish momentum.The 50-day EMA at 2.56543 and 100-day SMA at 2.80213 form a critical resistance cluster between $2.60–$2.80, aligning with on-chain data showing 1.86 billion XRP held at these levels.Source: TradingView Profit-Taking and Whale Behavior Suggest CautionDespite the surge, on-chain data from Glassnode show profit realization volume rising 240%, from $65M to $220M per day since late September, as long-term holders locked in gains.Meanwhile, Santiment data indicate that whales holding 1M–10M XRP reduced their collective holdings from 7B to 6.23B XRP, offloading around 500,000 tokens over 48 hours.However, the $650 million in recent whale outflows appears to be stabilizing, hinting at reduced selling pressure and a possible bottom formation. What’s Next for XRP: Resistance Challenges and OutlookXRP faces significant hurdles ahead. The $2.60–$2.80 zone represents the 50 and 100-day moving averages and a dense supply cluster, marking the next major test for the bulls.A decisive close above $2.60 could open the path toward $3.00–$3.40, while failure to hold current levels risks a correction back to $2.30.Technical analyst ChartNerd noted that clearing $2.70 resistance would be crucial for XRP to target its seven-year high of $3.66.

Binance Blog published a new article, detailing the multilayered security measures employed by Binance to ensure user safety. The article highlights the collaborative efforts of various teams, including Cloud Security, Chain Security, and Investigations, which work together as a 'human firewall' to protect users and assets. The publication aims to inform users about the robust security protocols in place and the importance of adopting consistent safety habits. Security at Binance is a company-wide discipline that influences daily operations, from design to monitoring and response. The Security organization comprises specialist units such as Chain Security, Security Operations (SecOps), and Investigations, all dedicated to safeguarding users. Alex’s Cloud Security Operations team plays a crucial role in maintaining platform stability and safety by planning defenses for new features, vetting AI systems, securing internal file sharing, and automating monitoring to swiftly contain issues. Daniel’s Investigations team traces stolen assets, coordinates precautionary freezes with partners, and supports lawful steps to return funds to victims. Michael’s Chain Security team enhances Binance’s on-chain ecosystem through smart-contract audits, monitoring, incident response, and risk tools that guide users and builders in making safer choices. The article emphasizes the importance of rapid detection and response to potential threats. Alex’s team, for instance, runs the 'digital locks and alarms' of Binance, ensuring the platform remains secure and responsive. They focus on rapid detection, targeted access reviews, device isolation, credential resets, and cross-team coordination to quickly contain any foothold and protect users. The analogy of Binance as a busy restaurant illustrates how the Cloud OpSec team manages traffic during Distributed Denial of Service (DDoS) attacks, ensuring legitimate users can access services while filtering out noise. Michael’s Chain Security team is integral to safeguarding Binance’s on-chain ecosystem. They audit smart contracts, monitor activity, respond to incidents, and provide risk-assessment APIs to warn users before they sign transactions. The team’s proactive approach includes validating findings, contacting projects through established security channels, and deploying fixes to mitigate risks. They also guide users in revoking unneeded approvals and recommend longer-term hardening measures. Daniel’s Investigations team steps in when hacks or thefts occur, tracing stolen assets in near-real time and working with exchanges to request precautionary holds. They emphasize the importance of speed and signal quality in shaping outcomes, urging victims to report incidents promptly with complete details. The team follows a disciplined playbook to verify signals, trace routes, and coordinate with exchanges and law enforcement to facilitate asset recovery. The article concludes with practical tips for users to enhance their security, such as enabling two-factor authentication, verifying URLs before signing transactions, and safeguarding private keys. It also advises caution against fraudulent recovery services and emphasizes the importance of auditing smart contracts for builders. Binance’s security measures are a testament to its commitment to user protection, speed with care, and clear guidance when it matters most.

According to BlockBeats, UBS anticipates the S&P 500 index will rise to 7500 points next year, propelled by a 14% increase in earnings, with nearly half of this growth contributed by the technology sector. The bank predicts that the economic slowdown at the beginning of 2026 will be replaced by stronger global growth in the latter half of the year. U.S. stocks are expected to achieve approximately a 10% return rate, primarily driven by corporate earnings rather than valuation expansion. The upward trend is likely to extend beyond technology giants to other sectors by mid-year. UBS expresses a preference for equities over credit bonds and forecasts that the U.S. market will outperform both European and emerging markets.

According to Odaily, Nasdaq-listed SUI Group has announced an investment of 2 million Swiss francs (approximately 2.5 million USD) in the Sui ecosystem's decentralized exchange, Bluefin. The collaboration aims to introduce hedge funds, asset management companies, and market makers to the on-chain market.

According to Odaily, Federal Reserve official Daly stated that the rate cuts implemented so far have bolstered the labor market and continue to exert downward pressure on inflation. The policy is currently in a favorable state.

According to Odaily, International Commercial Settlement Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced the acquisition of 247.8694 bitcoins. The purchase, made between October 17 and November 7, is valued at $25.7 million.

According to Cointelegraph, Lisa Cameron, a former United Kingdom Member of Parliament and founder of the UK-US Crypto Alliance, has revealed that a collaborative 'sandbox' between the United States and the United Kingdom is in the works to align their crypto markets. Speaking at the UN City offices in Copenhagen, Denmark, Cameron expressed her organization's belief that this sandbox will emerge from ongoing discussions between the two nations. The UK-US Crypto Alliance is reportedly enthusiastic about this potential development. Cameron explained that the UK-US Crypto Alliance reached this conclusion after engaging with U.S. Senators and members of the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force. She anticipates that the sandbox will address issues related to 'passporting' for crypto licenses between the UK and the US. Many organizations she has spoken to are seeking regulatory clarity that would enable such passporting, which could also benefit the European Union. Crypto regulation is gaining traction in the UK, as evidenced by the Bank of England's recent consultation paper proposing a regulatory framework for stablecoins. This framework aims to regulate sterling-denominated 'systemic stablecoins' used in payments, similar to the US’s GENIUS Act. This development follows reports of a transatlantic task force established by treasury authorities in the US and UK to explore collaboration on digital assets. In September, both countries were reportedly preparing to deepen their cooperation on digital assets, with the UK considering adopting the Trump administration’s crypto-friendly stance. UK trade groups have also urged the government to include blockchain technology in the 'Tech Bridge' collaboration with the United States. Cameron expressed concerns about the UK's urgency in addressing crypto regulation, warning of a 'window of opportunity' that could close if not acted upon swiftly. She noted that crypto regulation is not receiving the political priority it deserves, leading companies to consider relocating to other jurisdictions due to a perceived lack of support in the UK. Cameron emphasized that the assertive policy direction of the US has heightened the need for the UK to act quickly. With the US taking a clear stance on emerging frontier technologies, she believes the UK must respond promptly to remain competitive in the sector.

According to BlockBeats, U.S. video and cloud platform Rumble has signed a business merger agreement with Frankfurt-listed AI and high-performance computing infrastructure company Northern Data. Rumble plans to initiate a voluntary public exchange offer for all outstanding shares of Northern Data. This merger will provide Rumble with one of Europe's largest GPU asset portfolios, enhancing its presence in the cloud computing and artificial intelligence sectors. The deal also strengthens Rumble's collaboration with Tether, which has committed to providing substantial customer and commercial support for the transaction. Under the acquisition offer, each Northern Data share can be exchanged for 2.0281 newly issued Rumble Class A shares, with no minimum acceptance threshold. This means the transaction can proceed even if only a few shareholders accept the offer. However, this exchange ratio is lower than the 2.319 shares proposed when Rumble first announced the acquisition plan in August, which valued the potential deal at approximately $1.17 billion. The transaction is expected to be completed in the first or second quarter of 2026, subject to regulatory approvals and other conditions. Upon completion, Northern Data shares will be delisted. If all outstanding shares participate in the exchange, Northern Data shareholders will own about 30.4% of the merged company. Additionally, Rumble will assume Northern Data's approximately €610 million ($705 million) shareholder loan owed to Tether. Half of this loan will be converted into Rumble shares at $7.88 per share, while the remaining portion will be refinanced through a new secured loan provided by Tether.

According to BlockBeats, market reports indicate that Strategy purchased 487 bitcoins between November 3 and November 9. The acquisition is valued at $49.9 million.

According to Odaily, Matador Technologies has successfully raised $10.5 million through a convertible bond issuance. The company plans to use the new funds to increase its Bitcoin holdings. Matador Technologies aims to expand its Bitcoin reserves to 1,000 units by 2026 and further to 6,000 units by 2027.

Key TakeawaysBitcoin price rises 3.94% to $106,430 as U.S. government shutdown resolution boosts risk sentimentInstitutional sentiment improves after Kynikos Associates closes its short position on Strategy (MSTR)Analysts eye $108,500 resistance as the next major test for sustained bullish momentum Technical Indicators Signal StabilizationAccording to the latest oscillator and moving average data, Bitcoin’s technical picture shows a mixed but stabilizing trend:Relative Strength Index (RSI) sits at 46, indicating neutral momentum after recent volatility.The MACD Level (12, 26) is at -2,379, showing mild downward divergence, while Momentum (10) at -3,323 reflects a short-term recovery phase.Source: TradingViewWhat the moving averages show:The Exponential Moving Average (10) stands at 105,300, while the Simple Moving Average (10) is 105,024, both below the current market price — a potential early bullish crossover signal.The 50-day EMA at 110,264 and 100-day SMA at 113,160 act as overhead resistance levels to monitor.Source: TradingViewAnalysts note that sustained closes above $108,500, a key on-chain resistance, would confirm renewed bullish momentum. Institutional Flows and Market Sentiment ImprovingMacro and equity market factors also fueled the rally. Kynikos Associates, led by James Chanos, announced it had closed its short position on Strategy (MSTR), the largest corporate Bitcoin holding public company, after its premium to NAV fell from 2.0x in July to 1.23x.The decision was viewed as a sentiment shift among institutional traders, suggesting that bearish positions in Bitcoin-linked equities are unwinding.Meanwhile, analysts highlighted that the next Bitcoin bear market is likely to be less severe, projecting a potential downside range of $55,000-$70,000, a normal cyclical retracement. On-Chain Trends and Long-Term OutlookOn-chain data also show that long-term Bitcoin holders are reallocating capital into exchange-traded funds (ETFs), citing tax advantages and portfolio diversification.Despite recent whale sell-offs, including movements from Satoshi-era addresses, Bitcoin’s compound annual growth rate (CAGR) remains around 13%, reflecting a maturing asset with declining volatility and deeper liquidity.Experts are also arguing that Bitcoin is now entering its “IPO phase”, in which it may fluctuate and consolidate within a narrow range for anywhere between 0.5-2.5 years before starting a new upward trend. Outlook: Key Levels to WatchMarket analysts are watching $108,500 as immediate resistance, followed by $112,000 near the 23.6% Fibonacci retracement. A break above these zones could open the path toward $115,000–$118,000.On the downside, the $105,000–$103,800 range forms the near-term support corridor, aligning with short-term moving averages.As macro conditions stabilize and institutional buying pressure returns, Bitcoin’s short-term outlook appears cautiously optimistic, though traders remain alert to upcoming Fed rate decisions and ETF inflow data. Summary:Bitcoin’s climb to $106,430 reflects a blend of macro relief, technical recovery, and institutional repositioning. While indicators remain largely neutral, the market shows growing signs of bullish momentum—with the next major test set at $108,500.

According to Odaily, recent data from Hyperbot reveals that a prominent investor, known as 'Maji Dage,' has significantly increased their Ethereum holdings. The investor has added a 25x leveraged long position, totaling 5,699 ETH, valued at approximately $20.474 million. The liquidation price for this position is set at $3,435.1.

According to BlockBeats, San Francisco Federal Reserve President Mary Daly has indicated that the slowdown in U.S. job growth is more likely due to a decrease in demand for workers rather than a reduction in labor supply caused by stricter immigration policies. This distinction is significant in the ongoing debate within the Federal Reserve regarding potential further interest rate cuts. In a recently published article, Daly noted that the deceleration in wage growth and the reduction in monthly job additions suggest that businesses require fewer workers. This is not solely attributed to challenges in finding new employees following the immigration policy tightening under U.S. President Donald Trump's administration. Daly did not explicitly state her position on whether she supports another rate cut at the Federal Reserve's December meeting. She emphasized the importance of maintaining an open mind and thoroughly examining evidence from both sides of the debate to formulate appropriate policies.

According to Odaily, Federal Reserve's Daly has expressed concerns that the U.S. economy might be facing challenges due to weak demand, while inflation related to tariffs appears to be under control. Although Daly is not a voting member of the Federal Open Market Committee, she did not specify what actions might be taken at the upcoming December meeting. She emphasized the importance of maintaining an open mind and thoroughly examining evidence from both sides of the debate to formulate effective policies. Daly noted that, so far, the impact of tariffs has been largely confined to goods, with minimal spillover into service sector inflation or inflation expectations, which remain relatively anchored near the target.

According to PANews, as of 2025, the financial market has experienced fewer than four complete four-year cycles. Statistical caution is advised when drawing conclusions from such a small sample size. In predicting market cycles, a Bayesian probability approach suggests that the fourth quarter of 2025 (25Q4) may mirror the fourth quarter of 2019 (19Q4), offering more insight than the traditional four-year cycle theory. The Bayesian formula applied here is P(Bear Market | Stagflation to Recession) = [P(Bear Market) / P(Stagflation to Recession)] * P(Stagflation to Recession | Bear Market). Since 1929, the S&P 500 has experienced 27 bear markets, averaging one every 3.5 years, with an annual probability of about 28.6% and a quarterly probability of 15-20%. A conservative estimate places the probability of a bear market at approximately 18%. The probability of transitioning from stagflation to recession, based on historical data, is estimated at 40-50%, with a midpoint of 45%. This is derived from six instances of stagflation leading to recession over the past 50 years, with four resulting in recessions and two in soft landings. In bear markets, the likelihood of experiencing stagflation to recession is estimated at 33%. Historical bear markets are categorized into recessionary and non-recessionary types, with stagflation occurring in four of the twelve recessionary bear markets. Using Bayesian calculations, the probability of a bear market occurring in the context of stagflation transitioning to recession is approximately 13.2%. The analysis concludes that the probability of a bear market in late 2025 to early 2026 is around 15-20%, with a confidence interval ranging from 12% (optimistic) to 25% (pessimistic). The recommended strategy is tactical defense rather than strategic withdrawal.

According to Odaily, South Korean publicly traded company Bitplanet has increased its Bitcoin holdings by acquiring an additional 15 BTC. This acquisition brings the company's total Bitcoin reserves to 200 BTC.