📉 Tether's #USDT stability score has been downgraded to a 'weak' level, as S&P Global Ratings indicates that the company's reserves may not be sufficient to withstand a significant drop in #BTC's value. link

🇺🇸👀 Crypto #ETF Flows Today:
Bitcoin ETFs:
1D NetFlow: +1,915 $BTC (+$165.78M)
7D NetFlow: -5,368 $BTC (-$464.82M)

Ethereum ETFs:
1D NetFlow: +33,185 $ETH (+$96.57M)
7D NetFlow: -415 $ETH (-$1.21M)

Solana ETFs:
1D NetFlow: +318,222 $SOL (+$43.28M)

🕵️‍♂️ BlackRock received 953 #BTC ($83.43M) and 15,722 #ETH ($46.24M) from Coinbase Prime in the last 20 minutes. link

📉 #BTC exchange inflows are increasing as the price falls to approximately 87K, a seven-month low. Large deposits (100+ BTC) now account for 45% of all inflows, totaling 7K BTC on November 21, indicating that large holders are increasingly transferring BTC to exchanges, which supports the current downtrend. link

💸 DWF Labs is launching a new $75 million investment fund. This initiative will focus on projects based on Ethereum, BNB Chain, Solana and Base. theblock

🗽📈 #BTC #ETF Nasdaq is set to raise position limits on Bitcoin ETF options, reflecting Wall Street's growing demand for Bitcoin.

🧑‍💻 Top 10 DeFi projects by development since last month. #LINK #DEEP #DFI

💰⛏️ Hive, a #BTC mining company, has initiated the potential sale of $300 million in stock following a record quarter. link

🇪🇺🙋‍♂️ #AVAX Securitize have received full EU regulatory approval and selected Avalanche to deploy a European trade settlement system.

📊👀 #BTC #USDT Glassnode: Revisiting this cycle’s USDT netflow to exchanges, we find a strong negative correlation with BTC’s mid-term performance.

During euphoric phases, USDT typically flows out at –$100M to –$200M/day as investors lock in profits.

At the $126K peak, net outflows reached >$220M (30D-SMA); A clear profit-taking signal now easing as flows turn positive again.

🇺🇸👀 #macro The Federal Reserve’s latest Beige Book indicates that overall economic activity remains stable, although some Districts report slight softening. Consumer spending continues to decline, employment has edged down, and reduced hiring needs in certain roles are attributed to AI, while wages have risen modestly. Prices have increased slightly, and both manufacturers and retailers are experiencing cost pressures related to tariffs. link

🏦 #BTC Xapo Bank is expanding its bitcoin credit fund while developing a comprehensive range of BTC wealth products. link

📊📉 #BTC The MVRV Z-Score 2-year Rolling has reached its most oversold levels ever recorded.

🐳 #BTC CryptoQuant reports that large bitcoin holders have increased their deposits to exchanges in response to declining prices.

🤔 #USDT Tether CEO criticizes S&P Global's rating

⛏️🤑 An anonymous hobby miner utilizing a small, low-power machine successfully mined a full Bitcoin block, earning approximately $270,000 (3.146 BTC) this week, despite having only a 1 in 180 million chance of success.

🗣 #ETH Vitalik Buterin emphasized the importance of end-to-end encrypted messaging for safeguarding digital privacy. He highlighted the need for permissionless account creation and metadata privacy, commending Session and SimpleX for their efforts and donating 128 ETH to each project to encourage further development in privacy-preserving messaging tools. link

📈 #BTC CQ: The Large Deposit % (SMA 30D) has been climbing since Nov 24 and is now approaching the prior local peak from October 28.

📊👀 #BTC The Puell Multiple has marked Bitcoin cycle bottoms since 2015 when it drops below 0.50.

It’s now at 0.67.

🇺🇾🙅‍♂️ #USDT Tether has notified Uruguay’s labor ministry of its decision to cease local operations and lay off 30 employees, attributing the move to high energy costs and an uncompetitive tariff framework. The company initially intended to invest $500 million but only completed just over $100 million before opting to exit the country entirely. link

🔮📈 #BTC Co-Founder Gemini: This is the last time you'll ever be able to buy bitcoin below $90k!