November Exchange Data Report: Spot trading volume of major exchanges in November 2025 fell 28% compared with October. The top three exchanges by change rate were Bitfinex +17%, Coinbase -8%, and KuCoin -17%. The bottom three were Bitget -62%, Gate -44%, and MEXC -34%. https://t.co/SErkRlrmAG ...

Market Sentiment & Bitcoin Performance - Crypto market has stabilized, with Bitcoin hovering around $92,000, but market sentiment remains cautious [1] - Bitcoin's performance is flat year-to-date, indicating a lack of a clear trend [1] ETF Flows - ETF inflows reached $56.5 million, recovering from over $1.1 billion in outflows during November [1] Key Events - Markets are closely watching the FOMC meeting and Powell's upcoming remarks [1] - The Bank of Japan (BOJ) meeting on December 19 is identified as the next significant risk event, especially with bond yields reaching multi-year highs [1]

Ethereum co-founder Vitalik Buterin said Elon Musk once made Twitter a global symbol of free speech, but it has now become a hub for hate speech, which he believes undermines free speech itself. He expressed concern that this shift could harm core social values in the coming years. Notably, Farcaster — a decentralized social network once endorsed by Vitalik — recently announced a shift from social-first to a wallet-driven model. https://t.co/mpelbXksqE ...

Bybit and DL Research released the 2025 Global Crypto Rankings Report, assessing crypto adoption in 79 countries. Singapore ranked first, followed by the U.S., Lithuania, Switzerland, and the UAE. The report highlights three trends: RWA tokenization value up 63% to $2.57 billion, accelerating national currency stablecoin initiatives, and on-chain payroll adoption rising to 9.6%, with stablecoins accounting for over 90%.https://t.co/DWT1DFWTeL ...

Bybit and DL Research released the 2025 Global Crypto Rankings Report, assessing crypto adoption in 79 countries. Singapore ranked first, followed by the U.S., Lithuania, Switzerland, and the UAE. The report highlights three trends: RWA tokenization value up 63% to $2.57 billion, accelerating national currency stablecoin initiatives, and on-chain payroll adoption rising to 9.6%, with stablecoins accounting for over 90%. ...

Partnerships & Technology - Brevis 与 Aster 合作，通过可验证计算提高速度、安全性和隐私 [1] - Brevis 将复杂的链上计算转移到链下，并通过零知识证明进行验证，以降低成本 [1] - 双方将探索在保持市场透明度的同时保护用户隐私的方法 [1]

Partnerships - Matrixport's subsidiary Fly Wing partners with Singapore Gulf Bank (SGB) to enhance global settlement channels and financial infrastructure [1] - Fly Wing will utilize SGB's enterprise banking and cross-border settlement capabilities to offer more flexible settlement solutions [1]

South Korea’s largest crypto exchange, Upbit, has announced it will increase the proportion of user assets stored in cold wallets (offline) to 99%, reducing the hot wallet proportion to 0%, following the theft of 44.5 billion KRW from its hot wallet by hackers. The wallet system adjustment has been completed, exceeding South Korea’s regulatory requirement of 80% cold storage. https://t.co/gwNHEYnYur ...

On December 9 (ET), Bitcoin spot ETFs recorded $152 million in total net inflows, with Fidelity’s FBTC leading at $199 million. Ethereum spot ETFs saw $178 million in total net inflows, led by Fidelity’s FETH with $51.47 million. Solana spot ETFs posted $16.54 million in net inflows, with the largest single-day inflow coming from Bitwise’s SOL ETF (BSOL) at $7.78 million. https://t.co/rbT9YeUa8a ...

Coinbase Institutional: Speculative excess has been flushed out. Our systemic leverage ratio, which tracks purely speculative positioning, has stabilized at ~4%–5% of total market cap, down from ~10% this summer. Lower leverage = healthier market structure + less vulnerability to sharp drawdowns heading into year-end. https://t.co/mcJndyK1dI ...