Core Insights - The onchain economy is rapidly evolving, driven by the maturation of blockchain technology and its integration into mainstream finance, creating a growing ecosystem of companies and investment instruments [3][4] Blockchain Technology - Blockchain is a decentralized digital ledger that ensures transparency, security, and immutability of transactions without a central authority, forming the foundation of cryptocurrencies and enabling peer-to-peer value transfer, smart contracts, and decentralized applications [2] Key Companies in the Onchain Economy Exchanges - **Coinbase Global Inc. (COIN)**: The largest U.S.-based cryptocurrency exchange, serving as a gateway for millions of investors to access and trade digital assets, with a significant institutional presence [5] - **Robinhood Markets Inc. (HOOD)**: Known for democratizing stock trading, Robinhood has expanded into crypto, providing easy access to digital assets for retail investors [6] Mining - **Core Scientific Inc. (CORZ)**: One of the largest Bitcoin miners in North America, evolving its infrastructure to support AI and high-performance computing, bridging two rapidly growing sectors [7] - **Cipher Mining INC. (CIFR)** and **Bitfarms Ltd/Canada (BITF)**: Both companies have shown strong performance, reflecting the resurgence of the mining sector as Bitcoin's price and network activity strengthen [9] FinTech and TradFi Enablers - **Mercadolibre Inc. (MELI)**: Often referred to as the "Amazon of Latin America," it has integrated digital payments and crypto services into its e-commerce platform, enhancing financial inclusion [10] - **Galaxy Digital Inc (GLXY)**: A diversified digital asset financial services firm involved in trading, asset management, and investment banking for the crypto economy, acting as a key institutional gateway [12] Energy Infrastructure - **Kinder Morgan Inc. (KMI)**: A major natural gas provider in the U.S., playing an indirect but crucial role in the crypto economy by powering data centers and mining operations [13] Future Trends in Blockchain - By 2025, blockchain is expected to drive significant changes in capital markets, focusing on tokenization, programmable settlement, and embedding yield-bearing assets onchain, indicating a shift towards a more modular and dynamic liquidity environment [14][15]

Core Insights - Bitcoin is experiencing its worst monthly performance since June 2022, with a decline of about 25% in November, marking significant losses for the cryptocurrency market [1][2] - The total market value of cryptocurrencies has fallen below $3 trillion for the first time since April, indicating a broader downturn in the sector [1][2] - Bitcoin has dropped over 30% since reaching a record high in early October, largely due to forced liquidations and structural selling pressures [3][4] Market Dynamics - The recent market turmoil was exacerbated by a significant liquidation event on October 10, which resulted in $19 billion in leveraged token bets being wiped out, contributing to a loss of approximately $1.5 trillion in total market value [3][4] - Selling pressure has intensified, with an additional $2 billion in leveraged positions liquidated recently, highlighting the vulnerability of the market [4] - A notable crypto wallet, "Owen Gunden," sold $1.3 billion worth of Bitcoin starting in late October, which may have contributed to the downward pressure on prices [7] Broader Economic Context - The performance of US stocks, which had initially rallied due to positive earnings from Nvidia, has also been affected by concerns over high valuations and uncertainty regarding Federal Reserve rate cuts [5] - Overall market sentiment is described as poor, with indications of forced selling and uncertainty about the depth of the current downturn [6]

⚡️ LATEST: Aztec has launched its Ignition mainnet without centralized operators, opening community staking as it positions itself as a decentralized, privacy-focused Ethereum L2. https://t.co/SZvR5YCr84 ...

Core Viewpoint - The launch of the 21Shares 2x Long Dogecoin ETF (Ticker: TXXD) provides investors with leveraged exposure to Dogecoin, marking a significant expansion in 21Shares' U.S. product offerings following its acquisition by FalconX [1][6]. Company Overview - 21Shares is a leading issuer of cryptocurrency exchange-traded products (ETPs) and has launched the only Dogecoin ETP in Europe, endorsed by the Dogecoin Foundation [3][8]. - House of Doge serves as the official corporate arm of the Dogecoin Foundation, focusing on advancing Dogecoin as a decentralized global currency [7]. - Brag House Holdings is a media technology gaming platform that collaborates with House of Doge and 21Shares to enhance community engagement [10]. Product Details - The 21Shares 2x Long Dogecoin ETF (TXXD) aims to deliver 200% of Dogecoin's daily performance before fees and expenses, allowing investors to gain leveraged exposure through a regulated structure [2][5]. - The ETF has a management fee of 1.89% and began trading on NASDAQ on November 20, 2025 [3]. Market Context - Dogecoin's ecosystem is maturing, with major companies like Tesla and AMC Theatres accepting it for payments, showcasing its growing real-world utility [4]. - The community-driven nature of Dogecoin is emphasized by its guiding principle, "Do Only Good Everyday," which has inspired various charitable initiatives [4]. Strategic Partnerships - The collaboration between 21Shares and House of Doge aims to create new opportunities within the Dogecoin ecosystem, highlighting the asset's evolution from a meme to a significant digital currency [3][5].

Core Viewpoint - The launch of the 21Shares 2x Long Dogecoin ETF (Ticker: TXXD) marks a significant development in providing investors with leveraged exposure to Dogecoin, reflecting the asset's evolution from a meme to a recognized digital currency supported by a strong community and real-world utility [1][3][4]. Company Overview - House of Doge is the official corporate arm of the Dogecoin Foundation, focused on advancing Dogecoin as a decentralized global currency and investing in infrastructure for its everyday use [7][8]. - 21Shares is a leading provider of cryptocurrency exchange-traded products (ETPs), known for making cryptocurrency more accessible to investors and bridging traditional finance with decentralized finance [9][10]. Product Details - The 21Shares 2x Long Dogecoin ETF (TXXD) is designed to provide investors with twice the daily performance of Dogecoin before fees and expenses, allowing for leveraged exposure through a regulated structure [2][5]. - The ETF has a management fee of 1.89% and began trading on NASDAQ on November 20, 2025 [3]. Market Context - Dogecoin's ecosystem is maturing, with major companies like Tesla and AMC Theatres accepting it for payments, showcasing its growing acceptance and utility [4]. - The community-driven principle of "Do Only Good Everyday" has inspired various charitable initiatives, highlighting the cultural impact of decentralized finance [4]. Strategic Partnerships - The collaboration between House of Doge and 21Shares aims to create new opportunities within the Dogecoin ecosystem, building on their previous successes, including the launch of the only Dogecoin ETP in Europe [3][5]. - The recent acquisition of 21Shares by FalconX, a leading digital asset prime brokerage, is expected to enhance its capabilities in the market [6].

Core Viewpoint - 21Shares has launched the 21Shares 2x Long Dogecoin ETF (Ticker: TXXD), providing investors with leveraged exposure to Dogecoin, which will begin trading on NASDAQ on November 20, 2025 [1][2][5]. Company Overview - 21Shares is a leading issuer of cryptocurrency exchange-traded funds (ETFs) and aims to bridge the gap between traditional finance and decentralized finance [7]. - The company has a history of innovation, having launched the world's first physically-backed crypto ETP in 2018 and has a suite of crypto ETPs listed on major exchanges [7]. - 21Shares is now a subsidiary of FalconX, a prominent digital asset prime brokerage [8]. Product Details - The 21Shares 2x Long Dogecoin ETF is designed to provide investors with twice the daily performance of Dogecoin (DOGE), before fees and expenses [2][5]. - The ETF has a management fee of 1.89% and is structured to be purchased through banks or brokers [3]. - The ETF is a result of a partnership with the House of Doge, which is the official corporate arm of the Dogecoin Foundation, highlighting the collaboration to enhance the Dogecoin ecosystem [3][9]. Market Context - Dogecoin's ecosystem is evolving, with major companies like Tesla and AMC Theatres accepting it for payments, indicating growing merchant adoption [4]. - The community behind Dogecoin promotes initiatives that emphasize social impact and financial inclusion, showcasing its cultural relevance [4]. Strategic Goals - The launch of the ETF reflects the commitment of 21Shares and the House of Doge to support the Dogecoin community and expand investment opportunities within the ecosystem [5]. - The ETF aims to provide a regulated and transparent investment vehicle for those looking to participate in the growth of Dogecoin [5].

Core Insights - Pineapple Financial Inc. has established a Digital Asset Treasury Advisory Board to enhance its strategy of becoming the largest holder and staker of Injective ($INJ) and a leading on-chain mortgage finance platform [1][3] - The Advisory Board includes three members from the Injective Foundation, bringing significant expertise in blockchain technology and decentralized finance [2][3] Group 1: Advisory Board Formation - The newly formed Advisory Board consists of Eric Chen, Mirza Uddin, and Cooper Emmons, who have extensive backgrounds in blockchain and decentralized finance [2][3] - The formation of the Advisory Board is a strategic move following Pineapple's $100 million Injective DAT strategy launched in September 2025 [3] Group 2: Company Strategy and Goals - Pineapple aims to integrate Injective's decentralized financial infrastructure into its mortgage and financial technology operations [3] - The company is focused on bridging fintech and decentralized finance, positioning itself as a first-mover in the Injective ecosystem [3] Group 3: Company Background - Pineapple Financial Inc. is a prominent fintech platform and Canadian mortgage brokerage network, dedicated to enhancing the success of agents and brokers while improving homeowner experiences [4] - The company utilizes advanced cloud-based tools and AI-driven systems to support brokers in helping Canadians achieve homeownership [4]

RT Ducat (@Ducatstable)We're immensely proud to announce that @Ducatstable has integrated the @chainlink Runtime Environment (CRE) to power the first Bitcoin-native oracle.A decentralised financial product needs a decentralised oracle solution. Ducat now stands as the first and only Bitcoin-native protocol to run its oracle natively on L1. ...

decentralized finance except the entire financial system and global economy hinges on the words of a taiwanese guy in a leather jacket once every 3 months ...

⚡️ INSIGHT: Advocacy group DEF argues DeFi can reduce the “poverty premium”.It estimates decentralized finance could save low-income users around $30B annually by slashing remittance fees. https://t.co/5suz9ZCECq ...