Aksakov states that cryptocurrencies will never be recognized as a means of payment in Russia; they can only be regarded as an investment option.

The #BTC Strategy purchased an extra 10,645 BTC last week.

Bhutan has signed a multi-year memorandum of understanding with Cumberland DRW, a cryptocurrency market maker, to collaborate on developing digital asset infrastructure at Gelephu Mindfulness City.

BitMine (BMNR) reports holdings of 3.97 million ETH.

Ondo is scheduled to be integrated with Solana at the start of next year.

Ripple is expanding its support for RLUSD on Ethereum Layer 2 networks. The initiative is currently in the testing phase and awaits approval from the New York Department of Financial Services (NYDFS) before a planned public launch next year. coindesk

Charles Schwab launches Solana futures (SOL) and Micro Solana futures (MSL).

Bittensor completes first halving, decreasing daily issuance from 7,200 to 3,600 coins; block reward reduced to 0.5 TAO.

The market is currently experiencing holiday-related volatility, with trading volumes remaining subdued as investors tighten their positions ahead of year-end. Market sentiment remains cautious amid ongoing macroeconomic uncertainties.

Bank of America emphasizes that U.S. banks need to adopt blockchain technology, citing pilot projects for tokenized deposits by JPMorgan and DBS on both public and permissioned blockchains as benchmarks.

Coinbase to list BEAM tomorrow. Check it out here.

Axelar’s parent company, AXL Circle, is acquiring Interop Labs, comprising the team behind Axelar and its intellectual property.

CQ highlights that the current sentiment is the most bearish observed in this bull cycle.

Blockchain activity shows mixed signals, according to a Glassnode report. The number of active addresses has declined slightly, while transfer volumes—adjusted for organizational participation—have surged beyond previous limits, indicating increased capital movement. Transaction fee pressures have eased, suggesting reduced demand for block space. Metrics on capital movement remain volatile; realized capitalization growth is restrained, yet supply dynamics reveal increased activity from short-term holders and a rise in "hot" capital, increasing market volatility sensitivity. Despite some indicators of institutional interest, overall confidence remains uncertain, leaving the market vulnerable to further declines or extended sideways trading until demand strengthens.

Blockchain activity shows mixed signals, according to a Glassnode report. The number of active addresses has declined slightly, while transfer volumes adjusted for organizational activity have surged beyond historical limits, indicating increased capital movement. Transaction fee pressures have eased, pointing to waning demand for block space. Capital flow metrics remain volatile; realized capitalization changes are limited, yet short-term holder influence and the proportion of "hot" capital are rising, increasing market sensitivity to volatility. Despite some indicators of ongoing institutional interest, overall confidence remains fragile, leaving the market susceptible to further declines or sideways movement until stronger demand emerges.

CoinShares reports that digital asset investment products attracted $864 million in new flows last week, marking the third consecutive week of inflows. Bitcoin led with $522 million, followed by Ethereum with $338 million. Aave and Chainlink received $5.9 million and $4.1 million, respectively. Hyperliquid experienced outflows totaling $14.1 million.

CoinShares reports that last week saw an $864 million inflow into digital asset investment products, marking the third consecutive week of inflows. Bitcoin attracted $522 million, while Ethereum saw $338 million. Aave and Chainlink received $5.9 million and $4.1 million, respectively. Hyperliquid experienced outflows totaling $14.1 million.

Summary for today and upcoming events for tomorrow. https://t.me/bingx1/2147483647

SmartMoney has increased its holdings in memecoin #jeff by over 1,000%. The token was the most purchased asset from smart wallets yesterday at 04:09 Moscow time, maintaining that position for several hours. Buying activity resumed at 20:39, with #jeff once again leading SmartMoney’s purchase rankings. This surge contributed to a continued rise in the token’s price throughout most of today.

SmartMoney has increased its holdings in the memecoin #jeff by over 1,000%, according to recent transaction data. The token topped SmartWallet purchase charts yesterday at 04:09 Moscow time and maintained that lead for several hours. Buying activity resumed at 20:39 local time, prompting #jeff to re-enter the top spot in SmartMoney’s purchase rankings and fueling a sustained rise in its price through most of the day.

The Senate has postponed consideration of the cryptocurrency market structure legislation until 2024. coindesk #regulation