Author: John Smith

Prediction-market platforms Polymarket and Kalshi are in discussions with Galaxy Digital as institutional interest begins shifting toward event-driven trading. Summary Galaxy Digital is in talks to act as a market maker on Polymarket and Kalshi as institutional firms examine the growing event-trading sector. Prediction-market volume and valuations have surged, supported by Google Search integration, new funding rounds, and major trading firms joining. Regulatory steps, including Polymarket’s QCEX acquisition and Kalshi’s CFTC approvals, have opened the door to broader U.S. participation. Galaxy Digital is in discussions to provide liquidity on Polymarket and Kalshi as prediction markets draw new attention from major…

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…

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…

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…

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…

A crypto market rally could be coming as a senior Federal Reserve official made the case for more interest rate cuts in the December meeting.  Summary A crypto market rally could happen as a senior Fed official makes the case for rate cuts. Christopher Waller is more concerned about the labor market. Rate cuts and the end of QT are highly bullish for Bitcoin. Bitcoin (BTC) was trading around $86,300 at last check on Monday, down by about 0.7% for the day. However, altcoins like Ripple (XRP), Stellar (XLM), and Hedera (HBAR) were in an uptrend. See below. CRYPTOCURRENCYPRICE  24-HOUR GAINS…

Russian police detained a man who tried to rob a crypto exchange with fake grenades, as Russia faces rising crypto-related crimes and asset thefts. Summary A suspect attempted to rob a Russian crypto exchange using smoke and airsoft grenades to threaten employees. Law enforcement notes an increase in criminal cases linked to cryptocurrency holdings in Russia. The investigation is ongoing, with the suspect facing charges for attempted robbery and threats. Russian authorities have detained a man who attempted to rob a cryptocurrency exchange using smoke and airsoft grenades to threaten staff members, according to reports. The suspect allegedly used the…

Dogecoin price is close to breaking out of a multi-month falling wedge pattern, fueled by investor hype over an upcoming ETF launch. Summary Dogecoin price is down 26% over the month. Multiple DOGE ETFs from different issuers are set to go live over the coming weeks. DOGE price has formed a falling wedge pattern on the daily chart. According to data from crypto.news, Dogecoin (DOGE) has dropped 26% over the past month and 53% from its September high. Trading at $0.14, the altcoin is now hovering at its lowest level since April this year. Dogecoin price has been in a…

Zcash price is gearing for another move upwards, with traders watching liquidity shifts ahead of its return to OKX. Summary Zcash fell to $536 after a volatile week that pushed the token down 22% from recent highs. OKX will re-list ZEC on Nov. 24, adding short-term volatility as traders shift between spot and futures markets. ZEC chart shows mixed technical signals as trading volume across spot and derivatives decline. At the time of writing, Zcash was trading at $536, down 3.2% in the last day after fluctuating between $531 and $606. The pullback comes after a turbulent week that pushed…