Ark increases its holdings in Crypto stocks: Coinbase, Circle, and Bullish.
According to The Block, Ark Invest collectively purchased approximately $3 million worth of Coinbase and approximately $3.1 million worth of Circle shares on Tuesday through ARKK and ARKF; ARKF also purchased approximately $1.1 million worth of Bullish shares. At the close of trading that day, Coinbase fell 0.82% to $261.79, while Circle rose 0.013% to $76.6.
According to a report released on Cloudflare's official blog regarding the massive outage on November 18th, this most severe outage since 2019 stemmed from an incorrect configuration file generated after database permission adjustments, causing an anomaly in the core proxy system and impacting multiple products including CDN, security services, Workers KV, Turnstile, and Access. The team initially misjudged it as a DDoS attack and ultimately fixed the issue by rolling back old files. All services were restored by 01:06 AM Beijing time on November 19th. Cloudflare stated that such outages are unacceptable and will accelerate system resilience upgrades.
Coinbase includes World Mobile Token (WMTX) in its listing roadmap
Coinbase has announced that it has included World Mobile Token (WMTX) in its listing roadmap and disclosed its contract address on the Base network as 0x3e31966d4f81C72D2a55310A6365A56A4393E98D. Coinbase stated that the listing of the asset depends on market-making support and the availability of technical infrastructure; a separate announcement will be made once these conditions are met.
According to Onchain Lens, a newly created wallet received 21,045 ETH from the Kraken exchange, worth approximately $64.3 million. This wallet is suspected to belong to BitMine.
Google launches Gemini 3, integrating multimodal AI and intelligent agent capabilities.
According to the official Gemini account @GeminiApp, Google has officially launched its next-generation AI model, Gemini 3. It features a million-token context window, multimodal understanding capabilities, and supports unified analysis of video, audio, images, and text. The new version introduces Gemini Agent, which allows users to complete multi-step tasks under guidance. It is currently available for testing among Ultra users in the United States. Gemini 3 is now available globally, and student users can try the Pro plan for free for one year.
Block is calling for a $600 tax-free allowance for Bitcoin payments to encourage everyday use.
According to PYMNTS, Block, founded by Jack Dorsey, has launched the "Bitcoin is Everyday Money" initiative, calling for US legislation to establish a tax-free threshold for Bitcoin payments under $600, simplifying the tax burden on everyday small transactions. Current tax law treats Bitcoin payments as asset sales, requiring capital gains tax reporting. Block has also launched a merchant product on its Square platform that supports zero-fee Bitcoin payments, aiming to build a seamless, low-cost payment system.
According to a statement from the U.S. Attorney's Office for the Northern District of Illinois, Firas Isa, founder of Chicago-based virtual asset company Virtual Assets LLC (the operating entity of Crypto Dispensers), has been indicted by a federal grand jury. He is accused of conspiring with others to use cryptocurrency ATMs to convert and transfer at least $10 million in proceeds of wire fraud and drug trafficking to virtual wallets in order to conceal the source of the funds. Isa and the company are both charged with one count of conspiracy to commit money laundering, which carries a maximum sentence of 20 years in prison. Both have pleaded not guilty, and a state hearing is scheduled for January 30, 2026.
New Hampshire approves its first $100 million municipal bond backed by Bitcoin collateral.
According to Crypto in America, the New Hampshire Business Finance Authority (BFA) has approved the first Bitcoin-collateralized municipal bond in the United States, totaling $100 million. The bond is over-collateralized with BTC held by private custodian BitGo, with the BFA acting as a conduit and having no repayment obligation. The bond structure was designed in collaboration between Wave Digital Assets and Rosemawr. If the value of BTC falls below 130%, the bond will be automatically liquidated to protect the rights of holders. The proceeds will be invested in the "Bitcoin Economic Development Fund" to promote innovation within the state.
Filecoin launches Onchain Cloud, ushering in a verifiable, decentralized cloud era.
According to a Filecoin Foundation announcement, Filecoin Onchain Cloud (FOC) has officially launched, marking the Filecoin network's expansion into a full-chain composable cloud service. FOC combines verifiable storage, on-chain payments, and an open architecture, enabling developers to deploy AI, DeFi, and Web3 applications without centralized intermediaries. Initial partners include ENS, Monad, and Safe. The mainnet is scheduled to launch in January 2026.
According to an official Drift announcement, since the TGE in May 2024, 55.6% of the total DRIFT supply (approximately 556 million tokens) has entered circulation, and the lock-up period for major investors has ended. The current circulating supply cap is 750 million tokens, and tokens will continue to be released according to the original 5-year release plan. Community and trading incentives account for 43%, the team and development fund account for 25%, and strategic investors hold 22%. Drift's total trading volume has exceeded $120 billion, and the launch of Drift v3 is underway.
According to Fortune, US cryptocurrency exchange Kraken has secured a $200 million strategic investment from Citadel Securities, raising its valuation to $20 billion. This funding round follows its $600 million funding round in September, which valued the company at $15 billion. Investors included Jane Street, DRW, and Oppenheimer. Kraken plans to use the funds for global expansion, payment product development, and preparations for an IPO next year. Citadel founder Ken Griffin has historically held a cautious stance on the crypto market, and this move is seen as a key signal of a shift in his attitude towards digital assets.
Revolut has integrated Polygon as a primary infrastructure for crypto payments.
According to the official Polygon blog, fintech company Revolut has adopted Polygon as its preferred technology stack for stablecoin transfers, payments, and transactions. As of November 2025, over $690 million in transactions were processed within the Revolut app using Polygon. With over 65 million users in 38 countries, this integration allows opt-in users to seamlessly send and receive funds through the Polygon network without incurring high fees or being geographically restricted. The first phase of the collaboration between Revolut and Polygon Labs is underway.
New crypto incubator Obex has raised $37 million to support yield-generating stablecoins.
According to CoinDesk, the team behind the new crypto incubator Obex announced in an interview that it has raised $37 million to support the development of a next-generation yield-generating stablecoin led by Framework Ventures, LayerZero, and the Sky ecosystem. The initiative aims to invest in and fund projects that bring real-world asset-backed strategies to on-chain, introducing institutional-grade risk control and underwriting practices to this rapidly evolving field. Obex will become Sky's latest fund allocator, providing financial support to projects to help them scale from the protocol's large reserves and generate yields through strategies. The initiative will focus on stablecoins backed by high-quality real-world assets, with a focus on three core areas: computational credit (such as tokenized GPU infrastructure), energy assets (such as municipal-grade solar and battery deployments), and lending to large fintech companies. The incubator will provide early-stage teams with funding, technical resources, and access to Sky's infrastructure for 12-week projects. Teams that pass risk and governance reviews may be eligible for additional funding from Sky. Sky recently authorized the deployment of up to $2.5 billion in USDS to the Obex project in a governance vote.
A trader invested $22.3 million to short ZEC and currently has a floating profit of $3.6 million.
According to Arkham's monitoring, a trader invested $22.3 million to establish a short position in ZEC, and the floating profit has now reached $3.6 million. He has been shorting ZCash since it tested the $700 mid-term price level again two days ago.
Fidelity has launched its Solana ETF, “FSOL,” with an initial seed fund of 23,400 SOL tokens.
According to Emmett Gallic, Fidelity officially launched its Solana ETF "FSOL" today, with an initial seed fund of 23,400 SOL tokens, valued at $3.3 million. This ETF does not use Fidelity's own custody solution, but instead utilizes a combination of custody services from BitGo, Coinbase, and Anchorage Digital.
According to Bloomberg, HSBC Holdings Plc will launch a tokenized deposit service for corporate clients in the US and the United Arab Emirates in the first half of next year. Manish Kohli, head of global payments solutions at HSBC, stated that the tokenized deposit service allows clients to make domestic and cross-border fund transfers 24/7 with near-instantaneous speed, without being limited to business hours. This system helps large enterprises manage liquidity more efficiently. HSBC's tokenized service is already available in Hong Kong, Singapore, the UK, and Luxembourg, and currently supports transactions in euros, pounds sterling, US dollars, Hong Kong dollars, and Singapore dollars. Kohli indicated that when the service expands to the Middle East next year, it will add the UAE dirham. According to Kohli, HSBC plans to expand the application of tokenized deposits in programmable payments and autonomous vaults, systems that utilize automation and artificial intelligence to independently manage cash and liquidity risks. Furthermore, HSBC is also exploring the stablecoin industry and is currently in talks with several stablecoin issuers to offer reserve management and settlement account services.
The Moscow Exchange has launched cash-settled Bitcoin and Ethereum index futures.
According to Cryptopolitan, the Moscow Exchange has just launched cash-settled Bitcoin and Ethereum index futures.
Coinbase announced a system update on December 17th at 2:00 PM PST (December 18th at 6:00 AM Beijing time), which will include new product launches and important business updates. CEO Brian Armstrong stated, "Our first product showcase will be on December 17th. We've created many new products—which will be showcased next month."
Onfolio Holdings, a publicly traded company, raised $300 million to build a digital asset reserve.
According to Globenewswire, Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) announced that it has secured up to $300 million in financing through a convertible bond arrangement with a U.S. institutional investor. This agreement provides Onfolio with substantial long-term capital to build its digital asset treasury (including Bitcoin, Ethereum, and Solana), generate yield through staking, strengthen its balance sheet, and accelerate the growth of its operations. The initial transaction terms are as follows: $6 million in gross proceeds will be raised upon the first closing around November 18, 2025 (subject to customary conditions). An additional $2 million is expected to be raised upon the second closing approximately 30 days later. Potential future tranches of financing could reach up to $292 million, subject to certain conditions.
Eightco Holdings disclosed holdings of over 272 million WLD and 11,068 ETH.
According to PR Newswire, Eightco Holdings Inc. (NASDAQ: ORBS) disclosed that as of November 17, Eightco's total holdings included 272,253,898 WLD tokens, 11,068 ETH, and uncollateralized cash and stablecoins totaling $58.2 million. Eightco's WLD holdings represent more than 10% of the current total circulating supply. In addition to holding Worldcoin reserves, Eightco is also driving the development of a universal framework for digital identity and authentication through strategic investments and partnerships.
The Ethereum Foundation's Account Abstraction team has proposed the "Ethereum Interoperability Layer (EIL)" solution, aiming to make all Layer 2 networks function like a single Ethereum chain. Based on the ERC-4337 standard and the Trustless Declaration principle, this solution allows users to complete cross-chain transactions with a single signature, without requiring additional trust assumptions. Users can directly initiate and settle cross-Layer 2 operations from their wallets, without relying on relayers or solvers. EIL aims to solve the fragmentation problem of Layer 2 networks, simplify token management and cross-chain transfer processes; users only need to select assets and addresses, and their wallets will automatically complete inter-chain routing and asset delivery.
According to Fortune magazine, on Tuesday, Bitcoin mining company Bitfury announced a $1 billion investment plan to support mission-driven entrepreneurs. The company plans to invest $200 million next year, with the remainder to be invested gradually over the next few years. Bitfury stated that a specific list of investee companies has not yet been determined. However, the company plans to invest in ethical companies working in areas such as artificial intelligence, quantum computing, and transparent decentralized systems. In addition, the company also plans to invest in the field of sovereign identity. Bitfury derives most of its revenue from its mining business and owns two subsidiaries spun off from its parent company and listed on Nasdaq: Cipher Mining (CIFR), which operates in the United States and has a market capitalization of approximately $5.5 billion; and Hut8 (HUT), which originated in Canada and has a market capitalization of approximately $4 billion. Furthermore, Bitfury has founded and co-founded two companies providing AI infrastructure: LiquidStack and Axelera AI.
Tether announces strategic investment in Bitcoin lending marketplace Ledn
According to an official announcement, Tether has announced a strategic investment in Ledn, a Bitcoin-secured lending marketplace, to expand its Bitcoin-secured lending business opportunities. Ledn's infrastructure encompasses custody, risk management, and clearing systems. Since its inception, Ledn has issued over $2.8 billion in Bitcoin-secured loans, including over $1 billion in 2025, marking its strongest annual performance to date. In the third quarter of 2025 alone, Ledn issued $392 million in loans, almost equaling its total for the entire year of 2024. The company now reports that its annual recurring revenue (ARR) has exceeded $100 million, highlighting the continued growth in market demand for secure Bitcoin-secured lending products.
Binance Wallet will stop supporting ARC-20 assets.
According to the official announcement, Binance Wallet will cease supporting ARC-20 assets starting at 18:00 (UTC+8) on December 15, 2025. After this date, users will no longer be able to view, send, or receive ARC-20 assets within Binance Wallet. User ARC-20 assets will remain securely stored on the Bitcoin blockchain. This change only affects the display and management of these assets within Binance Wallet; user assets will not be lost or frozen. Users are strongly advised to manage or transfer their ARC-20 assets before the end of support date.
A whale sold 31,005 ETH six hours ago, incurring a loss of $18.8 million within two weeks.
According to Lookonchain monitoring, an unknown whale sold 31,005 ETH, worth $92.19 million, just 6 hours ago, suffering a loss of $18.8 million in just two weeks. This whale had been continuously buying on dips between November 3rd and 10th, purchasing 30,838 ETH at an average price of $3,581, for a total value of $110.43 million.
Reuters: Brazil is considering taxing cross-border cryptocurrency payments.
Brazil is considering taxing international payments using cryptocurrencies to close a loophole in the country's taxation of regular foreign exchange transactions, according to Reuters. Sources indicate that the Brazilian Ministry of Finance is considering expanding its Financial Transaction Tax (IOF) to include certain cross-border transfers using virtual assets and stablecoins that were classified as foreign exchange operations by the central bank this month. Currently, cryptocurrency transactions are exempt from the IOF. Investors are required to pay income tax on capital gains from crypto assets exceeding the monthly tax-free allowance.
The US SEC did not mention digital assets in its 2026 review priorities.
According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has released its 2026 review priorities, and unlike previous years, digital assets were not mentioned. This may indicate a shift in regulatory focus.
Simon Kim, CEO of South Korean crypto venture capital firm Hashed, wrote that since entering the crypto space in 2015, he has experienced numerous market ups and downs, but this bear market is the first one that hasn't truly terrified him. While looking at his portfolio still stings from the bear market, this one is fundamentally different from previous ones. In past bear markets, there was an existential fear of the complete disappearance of crypto technology and the market itself, with threats such as government-led bans on crypto assets and new global ledger technologies replacing blockchain being very real. However, currently, regardless of daily price fluctuations, such fundamental concerns have not materialized. Global regulation is evolving, aiming to foster development rather than suppress the industry; more and more institutional investors are recognizing the value of this asset class, as evidenced by the symbolic presence of IBIT, the largest holding in Harvard University's endowment portfolio; stablecoin metrics are hitting new monthly highs, and their issuance is projected to increase several times over by 2030. Simon Kim also mentioned that billions of people worldwide will access digital assets through everyday fintech and large-scale tech applications in the future, rather than relying on exchanges. Everything is being tokenized, and the prosperity of the on-chain ecosystem is a foregone conclusion. He emphasized that the cycle is temporary, the fundamentals are irreversibly moving forward, and urged everyone to be patient, as it won't take long for prices to rebound and catch up with these fundamentals.
According to on-chain analyst Ember, a group of whales bought ETH at the bottom eight days ago and sold it off at a loss today, losing $13.73 million in a week. They purchased 22,880 ETH ($81.68 million) at $3,570 on November 10th and sold them all five hours ago for 67.95 million USDT. The average selling price was $2,970, resulting in a loss of $600 per ETH. This whale group primarily withdrew their USDT from exchanges like Binance, Mexc, and HTX last year through multiple addresses, then used it to buy ETH eight days ago. Today, they consolidated the funds into four addresses for the sale.
Circle has minted approximately 2.25 billion USDC on the Solana chain over the past 7 days.
According to SolanaFloor statistics, Circle minted approximately 2.25 billion USDC on the Solana chain in the past 7 days. This brings the total USDC minted on the Solana chain to $41.75 billion by 2025.
Liquid Capital founder Yi Lihua posted on the X platform, stating: "(He) started buying Ethereum at $1800 in the first half of the year, eventually buying at $1450 when it fell to $1350. He then sold off his holdings around $4500, which later rose to $4700. No one can buy at the absolute bottom or sell at the absolute top. This time, I recommend buying spot at $3000-$3300 and avoiding futures. The situation is still unclear. In recent days, changes in interest rates in Japan and the US, as well as the AI bubble and the US economy, have led to a decline in US stocks, causing ETH to fall below $3000 at one point. However, we have maintained our spot holdings. I would like to reiterate that the volatility in the cryptocurrency spot market is significant, and non-top professionals should not trade futures."
Bloomberg analysts predict Grayscale's Dogecoin ETF will launch on November 24.
Bloomberg analyst Eric Balchunas wrote on the X platform: "Based on a 20-day timeframe, I believe Grayscale will launch its first Dogecoin ETF within a week, on November 24th. It's not 100% certain until the exchange makes an announcement, but the outlook is optimistic based on guidance from the U.S. Securities and Exchange Commission (SEC)."
