In partnership with

The Smartest Free Crypto Event You’ll Join This Year

Curious about crypto but still feeling stuck scrolling endless threads? People who get in early aren’t just lucky—they understand the why, when, and how of crypto.

Join our free 3‑day virtual summit and meet the crypto experts who can help you build out your portfolio. You’ll walk away with smart, actionable insights from analysts, developers, and seasoned crypto investors who’ve created fortunes using smart strategies and deep research.

No hype. No FOMO. Just the clear steps you need to move from intrigued to informed about crypto.

Secure your free pass now.

Happy Friday all!

We’re back with the top crypto stories of the week 💡

Bitcoin Plunges Below $82K, Triggering $2B in Liquidations and Extreme Fear Sentiment 🩸

• Nearly $2 billion in leveraged positions liquidated in the past 24 hours, per CoinGlass data, with Bitcoin dropping 30% from its October all-time high and on pace for its worst monthly performance since 2022.

• The total crypto market cap slipped below $3 trillion, marking a 20% slump from October's $4.4 trillion peak and leaving digital assets up just 2.5% year-to-date.

• Bitcoin hit a seven-month low of $80,553, with ether at a four-month low; analysts cite thinning liquidity, U.S. jobs data dampening rate cut hopes, and retail ETF selling as drivers.

• JPMorgan attributes the correction to $4 billion in retail outflows from BTC and ETH ETFs in November, signaling short-term profit-taking rather than structural issues.

• Broader risk-off sentiment hit equities too, with Nasdaq down 9.4%; however, whale accumulation and a Fear & Greed Index at 11 suggest a potential capitulation bottom.

• View Full Article

BlackRock's IBIT Leads Record $3.79B November ETF Outflows, Signaling Institutional Pullback 💀

• BlackRock's iShares Bitcoin Trust (IBIT) drove 63% of outflows at $2.47B, pushing total US spot BTC ETF redemptions to $3.79B for November—the worst month since launch.

• Thursday's $903M single-day outflow erased a brief mid-week inflow streak, reflecting risk-off sentiment amid broader market volatility.

• Ethereum ETFs saw $74M outflows, their 10th straight day of redemptions, while resilient assets like Solana attracted $26M in inflows.

• Analysts warn this could signal a capitulation bottom, but sustained outflows risk further pressure on BTC below $80K support.

• View Full Article

Coinbase Acquires Solana DEX Vector, Latest in 2025 M&A Spree 🩹

• Coinbase bought Solana-based DEX Vector for an undisclosed sum, enhancing meme-coin trading and following acquisitions of Deribit and Echo.

• The deal expands Coinbase's SOL ecosystem footprint, integrating advanced trading tools amid $SOL's resilience with $26M ETF inflows.

• Vector's tech supports high-speed DEX operations, aligning with Coinbase's push into DeFi as SOL holds ~$130 despite 7-8% daily drop.

• 2025 has seen heightened M&A in crypto, with total deals up 25%; this bolsters Coinbase's position post-Kraken IPO filing.

• Community buzz highlights potential for Vector's sniping tools in volatile markets, but raises concerns over centralization in SOL DeFi.

• View Full Article

NYSE Approves Grayscale DOGE and XRP ETFs, Trading Starts Monday 🏛️

• Grayscale's Dogecoin and XRP ETFs gained NYSE approval, set for Monday debut amid $107M first-day inflows for Bitwise's XRP ETF.

• 21Shares launched leveraged DOGE ETF as FalconX completes acquisition, targeting retail with meme-coin exposure.

• XRP ETF inflows defy market weakness, with $XRP at $1.95; Bitwise's product sees institutional buys despite $2B liquidations.

• Approval wave follows SEC's restrained 2025 enforcement (down 30%), shifting from October delays due to shutdowns.

• Memecoin cap dropped $5B to 2025 lows, but ETF momentum could spark rebound in speculative assets.

• View Full Article

Kalshi's $1B Raise at $11B Valuation Sparks Rivalry Talks with Polymarket, as Volumes Hit $50B Annualized 💸

• Kalshi closed a $1B round led by Sequoia and CapitalG, doubling its valuation to $11B in six weeks and nearing DraftKings' $14.44B market cap.

• Backers including a16z and Paradigm fuel expansion to 140+ countries, with markets on Time's 2025 Person of the Year and film ratings driving growth.

• Amid CFTC scrutiny, Kalshi warns a shutdown order could liquidate $650M positions; contrasts Polymarket's crypto edge but lags in weekly volume (Kalshi $50M vs. Polymarket $259M).

• Ties into broader rotation: Prediction markets projected at $3.5B November volume, blending TradFi compliance with DeFi innovation.

• View Full Article

Thank you for reading this edition of Digital Asset Insights!

Interested in sponsoring our next edition? Reply to this email.