Author: James Wilson
Revolut’s $75 billion valuation highlights its rapid global expansion, crypto banking and record revenues, amid an industry surge in public listings. Summary Revolut’s $75 billion share sale lets employees cash out equity and affirms major investor interest. Company’s banking licenses and MiCA approval signal expansion across Mexico, Colombia, India, and EU. 2025 saw multiple crypto companies listing on NYSE and Nasdaq, reflecting growth and investor demand. Digital banking firm Revolut has completed a share sale valuing the company at $75 billion, according to an announcement made Monday. The transaction was led by investment firms Coatue, Greenoaks, Fidelity and Dragoneer, with…
The Grayscale spot DOGE ETF opened far below projections and well under expectations set by recent altcoin exchange-traded fund launches. Summary GDOG posted $1.41M in day-one volume versus the $11–12M forecast. The fund launched with $1.71M in net assets, 94,700 shares outstanding, and a three-month 0% fee waiver. GDOG is the first spot Dogecoin ETF in the U.S., converted from Grayscale’s private Dogecoin Trust. Grayscale’s new Dogecoin ETF fund (ticker: GDOG) opened on the NYSE with softer-than-expected activity, drawing modest trading on its first day. According to data from SoSoValue, GDOG recorded $1.41 million in first-day trading volume, with net…
Memecoin launchpad Pump.fun has transferred substantial stablecoin holdings to exchanges, drawing scrutiny from crypto investors amid declining platform revenue, according to blockchain data. Summary Since mid-October, Pump.fun has moved significant amounts of stablecoins to Kraken and then to Circle, likely representing withdrawals tied to its declining revenue. Pump.fun’s native PUMP token, sold to institutional investors in June, has fallen below its issue price. The official Pump.fun account and co-founder Alon have been largely inactive since mid-November, raising investor concerns. The Solana-based platform has moved significant amounts of stablecoins since mid-October 2025, following a crypto market downturn that reduced trading activity…
Solana price is flashing a daily bullish divergence while holding key support at $131, suggesting early signs of strength and the possibility of a short-term reversal toward higher resistance levels. Summary Momentum shift emerges as Solana steadies at a long-tested support zone Market behavior reflects early accumulation after extended sell pressure Divergence hints that downside exhaustion may be forming beneath recent lows Solana’s (SOL) latest price action is showing encouraging signals after an extended period of downside pressure. A clear bullish divergence has formed on the daily chart, hinting that momentum may be shifting back toward buyers. With price holding…
JPMorgan upgraded Cipher and CleanSpark, and cut targets for MARA, RIOT due to the increased risk of shareholder dilution. Summary JPMorgan cut targets for MARA and RIOT due to dilution of shares. Mining firms have up to 33% more shares than accounted for. Cipher and CleanSpark are in a strong position on disciplined issuance. Bitcoin miners are increasingly diversifying their operations from hashrate to high-performance computing. This targeting of AI compute demand did not go unnoticed on Wall Street. In a report published on Monday, November 24, JPMorgan noted this pivot to AI, but also highlighted risks for several firms…
Dogecoin started the week in the green, defying its reputation for moving mostly on memes and tweets. This time, the bump is tied to something tangible: anticipation around the debut of Grayscale’s Dogecoin ETF on the New York Stock Exchange. Summary Dogecoin rose early in the week ahead of the Grayscale Dogecoin ETF launch. Technical indicators show mixed signals, including a bounce from a key Fibonacci level but continued negative momentum on the MACD. While institutional investment and ETF inflows provide support, Dogecoin’s price is still heavily influenced by meme-driven enthusiasm. The recently launched Rex-Osprey fund also posted stronger-than-usual first-day…
Stakes over the recent Cardano network split have risen further, with founder Charles Hoskinson calling it a deliberate, targeted attack. Summary Cardano split was not just a bug, says founder Charles Hoskinson The attack was targeted directly at himself, Hoskinson claimed He called it sabotage of critical infrastructure, and called the authorities A malformed transaction that triggered a chain split on the Cardano network might not have been just a bug. On Monday, November 24, Cardano founder Charles Hoskinson called the incident an intentional exploit by a known individual inside the ecosystem. Hoskinson claimed that the malformed transaction that triggered…
Upbit, the trading platform that routinely eats up more than 70% of South Korea’s crypto volume, is inching toward a future Nasdaq debut thanks to a corporate tie-up involving tech titan Naver. Summary South Korea’s largest cryptocurrency exchange, Upbit, is moving closer to a potential listing on Nasdaq. Reports confirmed that Naver is preparing to acquire Upbit’s parent company, Dunamu, through a multibillion-dollar stock-swap merger. The deal, expected to receive board approval on November 26, would mark one of the most significant corporate consolidations in Asia’s digital finance sector. A multibillion-dollar stock-swap merger between Naver Financial and Dunamu, Upbit’s parent…
Binance Coin’s price remains in a technical bear market after falling nearly 40% from its year-to-date high. Summary Binance Coin price has plunged by 40% from the year-to-date high. The coin is about to form a death cross pattern on the daily chart. Nansen data shows that the number of transactions has plunged. Binance Coin (BNB) traded at $847 on Monday, a few points above its lowest level this month. This crash has brought its market cap from nearly $190 billion to $116 billion today. The BNB price has plunged amid the ongoing crypto market crash that has affected Bitcoin…
President Trump officially announced the plan for a U.S. Strategic Bitcoin Reserve on March 6. Since then, the digital asset stockpile’s returns are now in the red, and no public accounting is in sight. Summary U.S. strategic crypto reserve is losing value as altcoins underperform There’s still no public accounting of how much crypto the U.S. government holds Assets are mostly comprised of crypto seized from criminals According to Arkham data, the U.S. government currently holds $28.7 billion in crypto assets. This is down from over $42 billion in early October, and down from $30 billion since Trump signed an…