Day: November 27, 2025

Bitcoin ETF Investors In Profit Amid Interest Rate Cut Expectations

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BlackRock’s spot Bitcoin exchange-traded fund (ETF) holders are back in profit after Bitcoin’s recovery above $90,000, an early sign that sentiment may be turning among one of the key investor groups driving the market this year. The holders of the largest spot Bitcoin (BTC) fund, BlackRock’s iShares Bitcoin Trust ETF (IBIT), bounced back to a cumulative profit of $3.2 billion on Wednesday, according to blockchain data platform Arkham. “BlackRock IBIT and ETHA holders went from being up almost a combined $40 billion at their PnL peak on 7th October, down…

BingX Review 2025: Features, Fees, and Security

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BingX has grown very quickly over the past few years, quietly becoming one of the most popular and widely-used global cryptocurrency exchanges. Yet, it still feels like it’s flying under the radar, especially compared to giants like Binance or Bybit. I spent some time testing its spot markets, futures engine, and many of its additional features and overall user experience, and found it to be surprisingly capable with a feature-rich set of products that can be very useful for both beginners and advanced traders. The following is my BingX review…

Bhutan stakes $970K in Ethereum through Figment

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Key Takeaways Bhutan has staked $970,000 in Ethereum, using the institutional staking provider Figment. This action continues Bhutan’s deeper integration of blockchain technologies into national systems. Share this article The Royal Government of Bhutan today staked 320 Ethereum worth around $970,000 through Figment, an institutional staking provider specializing in secure blockchain participation for clients. The move represents Bhutan’s continued expansion into blockchain technology for national systems. The Himalayan kingdom recently migrated its national digital identity project to Ethereum, enhancing self-sovereign identity for citizens through the decentralized blockchain platform. FIGMENT facilitates…

Dormant Bitcoin whale sells after nearly 3 years, realizes $12.5M profit

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Key Takeaways A dormant Bitcoin whale sold 200 BTC worth over $18 million after nearly three years. The whale realized a profit exceeding $12.5 million. Share this article A Bitcoin whale identified by the address starting with “1CA98y” sold 200 BTC for over $18 million today, according to data tracked by Lookonchain. Having been dormant for almost three years, the investor on Thursday woke up and moved 400 BTC, with 200 BTC landing on Binance. Initially, the whale withdrew 400 BTC from OKX on April 1, 2023, when the price…

Do Kwon Seeks Five-Year US Sentence Over TerraUSD Collapse

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Terraform Labs co-founder Do Kwon asked a US judge to cap his prison time at five years for his role in the collapse of the Terra ecosystem, which erased about $40 billion from crypto markets in 2022. In a court filing on Wednesday, Kwon argued that a longer term would be excessive given the punishment he has already served and the penalties he has agreed to accept, according to Bloomberg. Kwon pleaded guilty in August to two counts of wire fraud and conspiracy to defraud after being extradited from Montenegro,…

Analyst Says Get Ready For XRP Price Above $4 This Cycle

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Despite the XRP price struggling to stay afloat in the current market, it has not deterred the bulls from continuing to push for higher prices. This is amid the XRP ETF launches that have taken place over the last week, X triggering a significant amount of inflow into the cryptocurrency. The calls for new all-time high prices to surpass its 2018 $3.84 peak have only grown louder, with timelines getting shorter. This time around, one analyst has predicted a new all-time high, with what they call a “true Elliot Wave…

Ethereum Validators Push Gas Limit to 60M in Major Capacity Boost

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Ethereum crossed a threshold in execution capacity as its mainnet block gas limit reached 60 million, the highest level the network has seen in four years.  Data tracker Gas Limit Pics showed that in November, over 513,000 validators signaled a 60 million gas limit, pushing the Ethereum network over the threshold needed for the protocol to begin moving the gas limit upward.   A higher gas limit allows Ethereum to fit more work into each block, including swaps, token transfers and smart contract calls. In practice, that can ease congestion during…

Tether CEO Fires Back Following Low S&P Rating

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After S&P rated USDT “weak,” Tether’s CEO said the agency represents a broken, threatened traditional financial system. Tether’s top executive, Paolo Ardoino, has made a statement in response to S&P Global Ratings after the agency downgraded USDT on its stablecoin stability scale. He accused the firm of being part of a broken traditional financial system, and claimed the agency does not understand its business model. Tether CEO’s Response The S&P Global Ratings recently assigned Tether’s USDT a score of “5 (weak)” on its stablecoin stability scale, the lowest rating…

EU Advances Controversial Chat Control Law

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Representatives of European Union member states reached an agreement on Wednesday in the Council of the EU to move forward with the controversial “Chat Control” child sexual abuse regulation, which paves the way for new rules targeting abusive child sexual abuse material (CSAM) on messaging apps and other online services. “Every year, millions of files are shared that depict the sexual abuse of children… This is completely unacceptable. Therefore, I’m glad that the member states have finally agreed on a way forward that includes a number of obligations for providers…

Bitcoin Price Blasts Past $91K Ahead of Thanksgiving

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Bitcoin (BTC) rallied 13% from multimonth lows at $80,000, reclaiming the $90,000 mark on Wednesday. This move came as a surprise as BTC repeated its historical pre-holiday rally, increasing hopes of a continued upward move going into Thanksgiving weekend. Key takeaways: Bitcoin stages a pre-Thanksgiving rally and seeks to defy its historical average return of -0.8% during the holiday.  Bitcoin must reclaim $100,000-$105,000 to avoid a potential breakdown below $80,000.  BTC/USD daily chart. Source: TradingView/Cointelegraph A rare Thanksgiving BTC price rally? Data from Cointelegraph Markets Pro and TradingView showed the…