💸 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

🇺🇸 😄 #BTC President Trump posted a video on Truth Social that provides a breakdown of Bitcoin.

📊👀 #BTC has big sell orders above the $90K level. On the downside, there are strong bids around the $80K-$83K zone.

With the stock market turning positive, Bitcoin could tap the $90,000 zone given there's not much resistance.

🇺🇸🏦 #XLM US Bancorp is currently testing its own stablecoin on the Stellar blockchain as it expands into digital assets. The bank has formed a digital assets and money movement unit, with Mike Villano highlighting Stellar’s asset-freeze capability as a crucial feature for institutions assessing on-chain stablecoin adoption. #stablecoin link

🇺🇸🥳 #BTC Texas has made history as the first state to purchase Bitcoin, allocating $10 million to its Strategic Reserve.

🇺🇸🐶 #DOGE #ETF NYSE approved the listing of Bitwise's spot DOGE ETF. Trading is expected to launch on November 26.