Month: November 2025

Crypto Firms Commit HK$57M in Immediate Aid After Hong Kong’s Deadliest Fire

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Binance, HashKey, KuCoin, Bitget, and TRON together committed millions to assist victims and rebuild communities Binance, HashKey, and other crypto giants have pledged a combined HK$57 million ($7.3 million) in emergency aid following a fire that broke out in a residential tower in Hong Kong’s Tai Po earlier this week. The funds will be used to provide the district’s relief teams with essential support in the early stages of recovery. Tai Po Fire Relief Response The Tai Po tragedy began on November 26 at Wang Fuk Court in Hong…

Tether CEO dismisses insolvency claims, says critics ignore $30B in group equity

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Key Takeaways Tether CEO Paolo Ardoino dismissed claims questioning potential insolvency of USDT. Tether holds around $30 billion in group equity, acting as a buffer for asset value declines. Share this article Tether CEO Paolo Ardoino today dismissed insolvency claims against the USDT stablecoin issuer, pointing to the company’s multi-billion-dollar excess reserves and around $30 billion in total Group equity as protection against potential asset declines. The dismissal addresses concerns that sharp drops in Bitcoin or gold values could threaten USDT’s stability. Tether has faced recurring questions about its reserve…

Telegram-backed Cocoon goes live, now letting GPU owners earn crypto for AI compute

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Key Takeaways Cocoon launched as a decentralized confidential compute network on the TON blockchain. Cocoon is designed to process AI requests while fully protecting user privacy and data confidentiality. Share this article Telegram founder Pavel Durov confirmed on Sunday that Cocoon, a decentralized confidential compute network built on the TON blockchain to process AI requests with complete user privacy protection, is now live. Also known as the Confidential Compute Open Network, Cocoon allows anyone with a GPU to earn crypto by running AI models for applications that require privacy. Durov…

Cocoon Decentralized AI Network Launches on the Open Network (TON)

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The Cocoon decentralized AI network, a privacy-preserving distributed computing platform built on The Open Network (TON) — an independent layer-1 blockchain associated with the Telegram messaging application — went live on Sunday. Cocoon allows owners of graphics processing units (GPUs) to rent their computing power to the network, processing user queries and requests in return for Toncoin (TON), the native token of the TON blockchain.  The decentralized AI network has processed its first requests from users, and GPU owners are already profiting from renting out their hardware, according to Telegram…

Tether CEO Rails Against S&P, Says Influencers Targeting Tether With FUD

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Tether CEO Paolo Ardoino and market analysts pushed back against S&P Global’s downgraded rating of USDt’s (USDT) ability to maintain its US dollar peg, saying that the ratings agency did not account for all of Tether’s assets and revenues. The Tether Group’s total assets at the end of Q3 2025 totaled about $215 billion, while its total stablecoin liabilities were about $184.5 billion, according to Ardoino, who referenced Tether’s Q3 attestation report. He added: “Tether had, at the end of Q3 2025, about $7 billion in excess equity, on top…

DEXs Hit All-Time High of $419 Billion Volume Despite Market Corrections: CoinGecko

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DEXs now account for one-fifth of all spot trading, according to CoinGecko. Decentralized exchanges have significantly expanded their share of spot trading activity over the past five years. A new report by CoinGecko found that the DEX-to-CEX spot ratio rose from 6.0% in January 2021 to 21.2% in November 2025. According to the data, this growth has not followed a straight upward path. After reaching 14.6% in early 2022, the ratio slid to a low of 5.4% by September of that year and then moved within a similar band…

Traders Remain Cautious as Crypto Market Sees Gradual Recovery in Sentiment: Bybit Report

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The recovery in crypto assets comes alongside improved global risk appetite, investor sentiment, and positive macroeconomic signals. Over the last few days, bitcoin and other crypto assets witnessed a steady but cautious recovery from the extreme bearishness seen last week. The broader crypto market staged a gradual recovery after many assets plummeted to levels not seen in seven months. As expected, the recent sell-off affected the derivatives market. However, as the market is recovering, derivatives contracts are also stabilizing. The crypto exchange Bybit has published a report in collaboration with…

BTC Tries to Reverse Bearish Mood, but Is $82K Still on the Table?

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Bitcoin continues to trade within a decisive corrective structure, pressing against a key resistance block at $91K–$93K after a sharp bounce. Despite the recent recovery, the broader trend remains tilted to the downside, and the daily chart suggests BTC is approaching a confluence area where the next major directional move will likely be determined. Bitcoin Technical Analysis By Shayan The Daily Chart Bitcoin remains inside a well-defined descending channel, with the price currently testing the mid-range of this structure. The recent rebound from the $80K–$83K demand zone marked the most…

Composite of ETH Valuation Models Places ETH Fair Value at $4,839: Analyst

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The native token of the Ethereum network, Ether (ETH), is undervalued in nine out of 12 commonly used valuation models, according to Ki Young Ju, a market analyst and CEO of crypto market analysis platform CryptoQuant. A composite “fair value” using all 12 valuation models prices ETH at about $4,836, an over 58% gain compared to its price at the time of this writing. Each valuation model was rated on a three-tiered scale for reliability, with three being the most reliable. Eight out of the 12 models feature a reliability…

Is Bitcoin Entering a New, Cleaner Market Regime?

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Spot liquidity remains 30-40% below October levels, as markets remain fragile and volatility amplified across majors and altcoins. The crypto market is undergoing a broad recalibration, shaped by softer demand from ETFs and DATs, a reset in leverage across futures and DeFi, and still-shallow spot liquidity. These factors have weighed on prices, but they also leave the system healthier, less levered, more neutral in positioning, and increasingly anchored by fundamentals. ETF Demand Fades Amidst Shallow Liquidity Recent data compiled by CoinMetrics shows that major absorption channels have weakened. Spot…