🇰🇭👮‍♂️ Chen Zhi, a Cambodian tycoon and founder of Prince Holding Group, has been sanctioned by the US and UK for involvement in global scams, with over $15 billion in bitcoin seized. Cambodia has yet to take action, highlighting Chen's political connections. link

🥳 Klarna will launch its stablecoin on the Tempo blockchain, backed by Stripe and Paradigm. #stablecoin

🗽📈 #macro Deutsche Bank predicts the Federal Reserve will lower interest rates by 25 basis points in December.

🇺🇸⚡️ #macroUSA:
- Prominflation (PPI; Sep):
- m/m: 0.3% (pre: -0.1%)
- YoY: 2.7% (pre: 2.6%);
- Core PPI: 2.7% y/y (pre: 2.8%);
- Retail Sales (Sep): 0.2% (pre: 0.6%);
- ADP Nonfarm Employment: -13.5K (pre: -2.5k)

🥳 #TREE Treehouse launches TREE token redemption program backed by protocol revenue.

💸 Top 10 Chains by 24H Fees

edgeX and Hyperliquid demonstrate that perp-focused chains can outperform even mature general-purpose networks in fee generation. This shows how one dominant product can meaningfully lift a chain’s overall economic activity.

🔮 Arthur Hayes expects #MON at $10, while calling the project "useless L1"

💳 Kraken introduces Krak as a banking alternative, featuring a cashback debit card, salary deposit options, and high-yield vaults. link

📊 #BTC CQ: Puell Multiple Below the Discount Zone

Historically, all major correction reversals have started in precisely these discount regions. It is not a guarantee of immediate bottoming, but statistically it has signaled major bottoms.

🗽💰 Paxos has acquired New York-based crypto wallet startup Fordefi for over $100 million. Fordefi, which focuses on wallet solutions for DeFi, will initially operate independently, with plans for future integration of its technology into Paxos' infrastructure. link

📈 #RWA lending market now sits at $581M in supply; a 56% month-on-month increase. Total supply on Aave Horizon has been climbing steadily since launch.

🆕 #ASTER listed on Coinbase International futures. link

📉 #BTC Glassnode: Bitcoin sits beneath every short-term holder's realized price but remains well above deeper realized levels, placing the market in a state of uncertainty. Regaining these bands would indicate the first significant sign of structural recovery.

🗽📈 #SOL-#ETF's experienced $369M in inflows during November. link

🇺🇸👀 Crypto #ETF Flows Today:
11 ETFs:
NetFlow: +807 $BTC (+$70.22M)
- Grayscale: +1,711 $BTC ($148.93M)

9 ETFs:
NetFlow: +35,725 $ETH (+$103.75M)
- BlackRock: +31,141 $ETH (+$90.43M)

5 ETFs:
NetFlow: +374,028 $SOL (+$50.87M)
- Bitwise: +285,372 $SOL (+$38.81M)

🇰🇷 ⚖️ Dunamu, operator of South Korea's largest exchange Upbit, is contemplating an appeal against a $25 million fine and sanctions from the Financial Intelligence Unit for alleged AML and KYC violations. Additionally, the FIU has suspended Upbit's new user onboarding for three months. link

🐳 Whale 0x549e has completely closed his $ZEC long positions, securing a profit exceeding $3 million. Additionally, he has increased his holdings in $HYPE and $MON:
• 500,406 $HYPE ($16.2M)
• 125.57M $MON ($5.14M). link

🗽👀 #POLY #UMA Polymarket has received CFTC approval, allowing it to access retail trading in the US and fully act as an exchange

🥳 #ENA Anchorage Digital is preparing to launch a rewards program for #USDtb and #USDe token holders without offering yields directly, which would violate US Stablecoin laws. coindesk

🇺🇸 🗣 #BTC Congressman Warren Davidson suggests that the US could finance its Bitcoin Reserve by allowing tax payments in BTC.

🆕 $IRYS listed on Coinbase spot. link