Author: John Smith
JPMorgan cut ties with Strike CEO Jack Mallers, who said that his advocacy of Bitcoin and criticism of Jeffrey Epstein was behind it. Summary Strike CEO Jack Mallers claims JPMorgan debanked without a given reason Mallers called out JPMorgan over its alleged ties with Epstein Under current legislation, banks are still held liable for their clients’ criminal activity Despite significant regulatory and political changes, debanking remains a problem for crypto firms. On Monday, November 24, Mallers revealed that JPMorgan Chase closed his accounts without warning, citing suspicious activity. However, Mallers claims that the reason for his debanking was political. Mallers…
Enso, a platform that streamlines the work of connecting DeFi protocols, will support the launch of the Monad mainnet on November 24. The integration means developers building on Monad will have immediate access to tools for creating applications across trading, lending, bridging, stablecoin minting, and more. Summary Monad is set to debut its high-speed Layer-1 blockchain on November 24, and it won’t be doing it alone. Enso — a developer tooling platform known for collapsing complex integrations into simple API calls — will plug into Monad from the moment the network goes live. The move strips out much of the…
Institutional investors withdrew $1.94B from crypto funds in a week, marking the third-largest outflow streak since 2018, per CoinShares data. Summary Crypto funds saw four consecutive weeks of outflows, totaling $4.92B, with bitcoin and ethereum hardest hit. Outflows accounted for 2.9% of total assets under management; year-to-date inflows remain positive at $44.4B. XRP recorded inflows of $89.3M, defying broader negative trends as bitcoin, ethereum, and solana faced withdrawals. Institutional investors withdrew a total of $1.94 billion from Bitcoin and cryptocurrency assets during a one-week period, according to data released by CoinShares. The outflows marked the fourth consecutive week of withdrawals,…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The web has always evolved around how humans interact with information. In the early internet — the PC web — humans searched manually. Discovery was powered by keywords, and companies like Google monetized attention through clicks and ads. Summary The agentic web shifts control from users to autonomous agents, requiring a new trust layer because traditional metrics like clicks and engagement can’t govern machine-to-machine decision-making. Crypto provides that trust layer, enabling verifiable data, provenance, and incentives —…
Santiment reports Bitcoin BEP2 leads BSC development. Flux and BNB also post high GitHub activity. Top 10 projects cover DeFi, privacy, cloud, and wallets. Bitcoin BEP2 ranks highest in Binance Smart Chain developer activity, with Flux and BNB close behind. Santiment’s rankings focus on notable GitHub events, excluding vanity metrics for more accurate project tracking. Top projects span cloud computing, privacy upgrades, wallets, DeFi, and protocol governance across the ecosystem Development activity across Binance Smart Chain (BSC) and Binance Chain accelerated this month, according to data released by analytics firm Santiment. The firm’s updated rankings, which track the ten most…
Franklin Templeton launches its XRP ETF on NYSE Arca, offering US investors regulated XRP access after Ripple’s settlement with the SEC. Summary Franklin Templeton’s XRP Trust provides regulated XRP investment alongside Bitwise, Grayscale, and others. The launch follows Ripple’s August 2025 SEC settlement, easing previous XRP trading restrictions. The ETF offers daily transparency, SEC oversight, and traditional brokerage access for institutional investors. Franklin Templeton launched its XRP exchange-traded fund, the Franklin XRP Trust, on NYSE Arca on Monday, providing U.S. investors with regulated access to the XRP token. The asset manager joins existing issuers including Bitwise, Grayscale and Canary Capital…
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…
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…
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…
Memecoin launchpad Pump.fun has transferred substantial stablecoin holdings to exchanges, drawing scrutiny from crypto investors amid declining platform revenue, according to blockchain data. Summary Since mid-October, Pump.fun has moved significant amounts of stablecoins to Kraken and then to Circle, likely representing withdrawals tied to its declining revenue. Pump.fun’s native PUMP token, sold to institutional investors in June, has fallen below its issue price. The official Pump.fun account and co-founder Alon have been largely inactive since mid-November, raising investor concerns. The Solana-based platform has moved significant amounts of stablecoins since mid-October 2025, following a crypto market downturn that reduced trading activity…
