On Nov. 28, China’s central bank (PBOC) convened a coordination meeting and reiterated that: Virtual assets do not have the same legal status as fiat, are not legal tender, and must not be used as currency in market circulation; related business activities constitute illegal financial activity. Stablecoins are a form of virtual asset and currently cannot effectively meet KYC/AML requirements, posing risks of money laundering, fundraising fraud, and illicit cross-border capital transfers. https://t.co/r8V7dU ...

According to SoSoValue, on Nov. 28 (ET) U.S. spot Bitcoin ETFs saw an estimated $714M net inflow, led by ARKB (Ark Invest & 21Shares) with $88.04M. Spot Ether ETFs posted $76.55M in net inflows, marking five straight days of inflows, while Solana spot ETFs recorded $5.37M in net inflows. https://t.co/Co2eWipqtd ...

According to HypurrScan, the Hyperliquid team address 0x43…a251 transferred 2.6m HYPE (~$90.18m) from Staking to Spot today at 12:32 UTC+8. Currently, this team address 0x43…a251 still holds 240m staked HYPE (~$8.36 billion). https://t.co/Tnt0p0mHAj https://t.co/q1u3Q0V803 ...

On Altcoin Daily, BitMEX co-founder Arthur Hayes criticized Monad, calling the supposed "next ETH killer" a high fully diluted valuation, low float setup designed for founders and VCs to dump on retail. Hayes said Monad has no chance against Ethereum—"not even Solana." He added that while he holds a small allocation, he is "99% bearish." https://t.co/hih9CtZGU3 ...

According to Bubblemaps, based on X (Twitter) location data for 38 previously high-profile tokens with significant wallet clustering, over 50% of project teams list the United States as their location, followed by Europe and India. Price performance has been severe: the minimum drawdown is 78%, and more than half of the tokens have fallen by up to 99%, with examples including MELANIA and CR7 Fake. https://t.co/RegKVUvTng ...

BitMEX co-founder Arthur Hayes reaffirmed his year-end $250,000 Bitcoin target, saying on this week's "Milk Road Show" that last week’s dip to $80,600 marked the cycle bottom and the subsequent rebound supports that view. He added that much of the inflow into BlackRock's IBIT was "basis trade" capital and that institutional deleveraging is largely complete; with USD liquidity bottoming, quantitative tightening ending and rate-cut expectations rising, he expects the next leg higher to follow. https://t.co/mn ...

According to Bloomberg, Kalshi Inc. has been sued in a proposed class action in New York alleging that it operated unlicensed sports betting and misled users about its market-making practices, including allowing its affiliate Kalshi Trading to set odds unfavorable to customers. The complaint says Kalshi promoted “legal sports betting” without holding any state gaming licenses. Co-founder Luana Lopes Lara denied the allegations, saying Kalshi’s market-making operates like other regulated financial exchanges. ...

Terminal Finance announced it will discontinue the launch of the Terminal project, citing the failure of the Converge chain—its intended underlying ecosystem—to go live, which rendered the project no longer viable. The team stated that all user principal remains fully backed 1:1 and is available for withdrawal, while existing Pendle positions will receive the corresponding Ethena Sats, sUSDe yield, and etherfi points. https://t.co/pvyE5L4Swk ...

The U.K.’s HMRC has issued new rules requiring crypto exchanges operating in the country to collect full transaction data from all U.K. users starting January 1, 2026, and submit the information to HMRC in 2027 so the tax authority can cross-check returns and curb crypto-related tax evasion. The framework aligns with the OECD’s Crypto-Asset Reporting Framework (CARF), already being adopted in the EU, Canada, Australia, Japan and South Korea. https://t.co/Ekuom6HQf2 ...

According to @doomerfied, Coinbase briefly posted and then removed an announcement about the token sale for OpenSea’s SEA token. The post listed a $3.8 billion valuation, a token price of 0.3 USDC, and 5% of supply for sale. Neither Coinbase nor OpenSea have publicly responded. OpenSea previously said SEA would be issued in Q1 2026, with 50% of supply allocated to the community. https://t.co/1ow07c7V1q ...