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Strategy Fails to Join the S&P 500 Once Again

25 November 2025 at 10:02

SanDisk Corp. will join the S&P 500 on Friday, November 28, 2024, replacing Interpublic Group of Companies Inc., according to S&P Dow Jones Indices. After the announcement on Monday, shares of the computer storage maker surged by more than 9% in after-hours trading.

This milestone signals SanDisk’s rapid rise, while Strategy (formerly MicroStrategy) faces another setback, remaining excluded from the S&P 500 despite holding more than 640,000 Bitcoin.

SanDisk’s Rapid Ascent to the S&P 500

SanDisk’s move from the S&P SmallCap 600 to the S&P 500 reflects its strong market performance over the past few months. Driven by demand from artificial intelligence applications, the company’s market capitalization has reached approximately $33 billion. This surpassed typical small-cap index thresholds, making the switch to the S&P 500 a logical step.

The announcement arrived just before the Thanksgiving holiday trading session, highlighting the urgency of the rebalancing. The replacement is occurring outside the usual quarterly rebalance, suggesting strong market momentum. The stock closed up 13.33% on the day of the announcement before the after-hours surge.

Joining the S&P 500 usually attracts significant passive inflows, as index-tracking funds buy shares to maintain their weightings. This change boosts SanDisk’s institutional investment appeal and liquidity. It also raises the company’s profile among investors focused on large-cap equities in the index.

SanDisk’s rise is fueled by optimism around AI infrastructure. As businesses use more advanced machine learning models, storage solutions are increasingly critical—driving investor enthusiasm and boosting SanDisk’s valuation over the past year.

Strategy’s Continued S&P 500 Challenge

While SanDisk celebrates, Strategy remains on the outside looking in, even after meeting several technical requirements. The company, led by executive chairman Michael Saylor, holds 640,808 BTC, valued at around $72.3 billion, making it the world’s largest corporate holder of Bitcoin. However, this asset concentration is seen as a liability by index decision makers.

Strategy was not included in the S&P 500’s September reshuffle, which selected Robinhood, AppLovin, and Emcor. Analysts put the company’s chances of inclusion in December at 70% following strong Q3 results. The firm reported $3.8 billion in Q3 earnings, showing profitability tied to Bitcoin’s price movements.

Yet, earnings volatility remains the main hurdle. Strategy’s results fluctuate each quarter with Bitcoin’s price, creating inconsistency with S&P 500 requirements. For instance, Q2 2024 delivered $10 billion in revenue and $14 billion in unrealized gains, while Q1 saw a $4.2 billion loss. The index requires four straight quarters of positive earnings—a threshold that has eluded Strategy due to its Bitcoin-heavy approach.

S&P Dow Jones Indices gave Strategy a ‘B-‘ credit rating, citing high Bitcoin exposure, low USD liquidity, and a narrow business model. These contribute to traditional finance skepticism about digital asset treasury companies. The rating shows the committee sees Bitcoin-based volatility as incompatible with the stability expected in S&P 500 members.

Even if Strategy meets the criteria for market capitalization and liquidity, the committee also considers business model diversity, financial stability, and sector representation. While some advocate for evolving index methodologies to include innovative treasury approaches, traditionalists insist on consistent, proven earnings, especially for benchmarks like the S&P 500.

Traditional Finance Meets Digital Asset Reality

The paths of SanDisk and Strategy highlight a broader divide between traditional finance and digital asset business models. Some crypto-exposed companies like Robinhood have entered the S&P 500, yet Strategy’s concentrated Bitcoin position poses unique challenges. The company’s stock is down 35% from its July high of $434, reflecting disappointment over exclusion and credit rating concerns.

Nasdaq’s scrutiny of digital asset treasury firms adds further obstacles for Strategy. As industry analysis notes, traditional finance’s skepticism extends beyond earnings volatility to concerns about long-term business models and regulatory compliance. This unease endures, even as Strategy has occasionally outperformed both Bitcoin and the S&P 500, as Saylor has highlighted.

On the other hand, MSCI’s recent consultation that Strategy could be removed from its key equity indices has sharpened investor focus on whether similar pressure might eventually extend to the S&P 500. While the company’s inclusion in MSCI USA and MSCI World has long funneled billions in passive capital into the stock, analysts now argue that its increasingly bitcoin-centric profile may no longer fit traditional index methodologies.

This has raised questions in the broader market about whether the valuation premium tied to expected index stability is at risk — and whether Strategy’s future index eligibility, including any long-shot hopes of S&P 500 admission, could be further complicated by the growing scrutiny.

The post Strategy Fails to Join the S&P 500 Once Again appeared first on BeInCrypto.

Is the November 2025 Crypto Crash Worse Than the FTX-Era Bear Market?

25 November 2025 at 08:41

The cryptocurrency market lost over $1.3 trillion in value by November 2025. Bitcoin dropped from $126,000 to below $85,000 in a few weeks. 

But how does this compare to the FTX-driven meltdown of 2022, which shook the foundation of the digital asset space?

Market Cap Losses and Price Drawdowns

Market analysts now debate whether this year’s sharp reversal is more damaging than the industry-wide collapse triggered by FTX’s bankruptcy three years ago. 

On paper, this month’s sell-off is massive. In practice, it’s more of a sharp correction than a systemic crisis.

Bitcoin's weekly RSI just hit levels lower than the FTX collapse and the covid crash.

Does that mean the bottom is near?

h/t @Sykodelic_ @gammichan pic.twitter.com/wL4vfJkunH

— Lark Davis (@TheCryptoLark) November 24, 2025

Between October and November 2025, crypto’s total market cap dropped about 30%, falling from a record $4.2 trillion to under $3 trillion. Bitcoin shed nearly 32% in value, while Ethereum lost over 40%.

However, these numbers don’t match the scale of 2022. 

After FTX’s implosion, the market plunged 73% from its 2021 highs. Bitcoin bottomed out at $15,500, losing over three-quarters of its value. Ethereum fell more than 80% to below $900.

Liquidations and Trading Behavior

Liquidations in 2025 surpassed previous records. In October, over $19 billion in leveraged crypto positions were wiped out in a single day. That’s nearly ten times more than the worst day during the 2022 crash.

Yet, in 2022, traders also faced systemic shocks. The failure of FTX, Celsius, Voyager, and 3AC triggered a cascade of margin calls and frozen funds. 

Although 2025 saw more liquidations, the impact was largely confined to price volatility and didn’t trigger platform-wide insolvencies.

165,000 Bitcoin taken off Coinbase over the weekend!
Cause TBD. But the last comparable plunge was just after FTX collapsed. Bitcoin was $16K pic.twitter.com/W3DQWDkzht

— Charles Edwards (@caprioleio) November 24, 2025

Institutional and Public Market Impact

The FTX collapse shattered trust across the industry. Core Scientific filed for bankruptcy. Crypto lenders vanished. Public companies like MicroStrategy and Coinbase lost over 80% of their stock value.

By contrast, the latest crypto crash has seen no major bankruptcies among listed firms. ETFs did suffer record outflows—over $3.7 billion since October. But they remained functional. 

Companies like MicroStrategy even added to their holdings, signaling confidence rather than crisis.

Sentiment and Macro Backdrop

Both periods triggered extreme fear. In November 2025, sentiment indices dropped to their lowest levels in a year. However, investors weren’t blindsided.

In 2022, the FTX collapse came as a shock. Billions in customer assets vanished. The resulting fear was deeper and more corrosive. Institutional investors froze activity. Regulators launched global crackdowns.

Meanwhile, this month, investors pulled back—but stayed engaged. ETF outflows were orderly. Hedge funds hedged rather than fled. Regulatory conditions, while uncertain, were not crisis-driven.

The Crypto Spring Is Compressed. Window Is Closing…

Yes, the cycle has been difficult…

Even people who've been through multiple cycles start questioning everything.

But then you zoom out:

– Realized losses now match FTX collapse levels

– QT ending in days after harshest… pic.twitter.com/loLdSCtHQe

— Dan Gambardello (@dangambardello) November 24, 2025

FTX Collapse Remains the King of All Crypto Bear Markets

The 2025 crypto crash is sharp, but contained. It erased over a trillion dollars in value and triggered record liquidations. However, the market structure held.

The 2022 collapse was deeper, longer, and systemically damaging. It wiped out fragile firms, froze customer assets, and nearly broke institutional trust.

While painful, November 2025 is not worse than the FTX-era collapse. It’s a high-stakes correction—not a foundational crisis.

The post Is the November 2025 Crypto Crash Worse Than the FTX-Era Bear Market? appeared first on BeInCrypto.

Mining Stocks Jump 20% as Amazon’s $50B AI Push Boosts Demand for Power

25 November 2025 at 08:24

Crypto mining stocks jumped as much as 20% led by BitMine and Cipher Mining, after Amazon unveiled plans to invest up to $50 billion in AI infrastructure for U.S. government agencies.

This shift comes as Bitcoin miners face declining profitability following the 2024 halving event. Meanwhile, demand for AI compute capacity is soaring. Tech giants now view miners’ established power infrastructure as key to rapid data center growth.

Mining Stocks Post Double-Digit Gains as Focus Shifts to Infrastructure

The crypto mining sector saw a broad rally on Monday, notching a 13.84% sector-wide gain according to SoSoValue data. BitMine soared nearly 20%, while Cipher Mining rose more than 18%.

The rally followed Amazon’s announcement of an investment of up to $50 billion in AI infrastructure for US government agencies. The plan will add 1.3 gigawatts across multiple data centers, with construction set for 2026. Agencies will gain access to AWS tools, Anthropic’s Claude AI, Nvidia chips, and Trainium chips developed by Amazon.

Amazon also announced a $15 billion investment in Northern Indiana for new data center campuses, supporting 1,100 high-skilled jobs and 2.4 gigawatts of data capacity. This expansion underscores the scale of infrastructure required for AI workloads.

Meta has intensified its AI infrastructure efforts, seeking federal approval to trade electricity alongside Microsoft for long-term energy supply. Meta’s Louisiana campus alone is expected to require three new gas-fired plants.

Bitcoin Miners Evolve Into AI Power Players

The substantial stock gains reveal how bitcoin miners are transforming operations. Declining profits after Bitcoin’s April 2024 halving prompted miners to seek new revenue streams. AI data center developers, who now face electricity shortages, see miners’ grid-integrated facilities as strategic partners.

IREN, formerly Iris Energy, signed a $9.7 billion data center deal with Microsoft, granting the tech giant early access to Nvidia GPUs. IREN’s stock has shot up 580% this year since its rebrand. Other miners showed strong performance: Riot Platforms gained 100%, TeraWulf 160%, and Cipher Mining 360%.

The combined 14 gigawatts of power capacity among US miners has become key for tech firms seeking rapid scale. Favorable US policies, including Nvidia export restrictions to China, give domestic miners a competitive edge. In contrast, Chinese miners face more regulation and import barriers.

AI data center developers are now targeting bitcoin miners. These teams are approaching mining operations already running high-capacity, grid-integrated sites. Locations like Childress, Texas, have become major hubs for combined data and mining infrastructure.

Tech Leaders Accelerate Infrastructure Investments

Global tech firms are raising around $100 billion in bond offerings to fuel new AI and cloud capabilities. Amazon, Microsoft, Google, Oracle, and Meta could spend $400 billion this year on AI and data center investments. According to Deutsche Bank, total AI-related investment could reach $4 trillion by 2030.

The move signifies a shift from cash reserves to debt financing. Meta has launched its largest-ever bond sale, totaling $30 billion, for AI infrastructure. Amazon issued a $15 billion US bond, its first in three years, attracting $80 billion in demand. Amazon holds $69.29 billion in debt and $66.92 billion in cash.

Alphabet issued a $17.5 billion US bond and a €6.5 billion European bond, bringing its total debt to $48.78 billion. The aggressive borrowing reflects the immense capital needs for AI infrastructure.

The need for energy to power AI, however, surpasses grid expansion. With slow grid development, tech companies are securing direct energy sources. Apple already has federal approval to trade electricity wholesale, reflecting a trend of tech firms managing their own energy for AI infrastructure.

The merging of crypto mining infrastructure with AI compute demand signals a major strategic shift for both sectors. As bitcoin miners pivot to AI compute, their built-in power capacity and grid-ready sites enable tech giants to deploy quickly and compete in the fast-evolving AI landscape.

The post Mining Stocks Jump 20% as Amazon’s $50B AI Push Boosts Demand for Power appeared first on BeInCrypto.

XRP Jumps 9% as Franklin Templeton and Grayscale Launch Spot ETFs

25 November 2025 at 07:13

XRP jumped more than 9% to $2.27 after Franklin Templeton and Grayscale launched their spot XRP ETF on Monday. The $1.69 trillion asset manager joined Bitwise, Grayscale, and Canary Capital in offering regulated XRP investment products, calling XRP “foundational” for global settlement infrastructure.

This wave of ETF launches marks a turning point for XRP. After regulatory uncertainty faded with Ripple’s SEC settlement earlier in 2025, institutional interest is surging.

Wave of Institutional ETF Launches Signals Market Maturity

Franklin Templeton debuted the Franklin XRP ETF (XRPZ) on NYSE Arca, offering regulated XRP exposure through a grantor trust. The fund tracks the CME CF XRP-Dollar Reference Rate and uses Coinbase Custody as custodian, with BNY Mellon as administrator. According to Franklin Templeton’s announcement, the ETF allows investors to follow XRP’s performance transparently, without buying the cryptocurrency directly.

“XRPZ offers investors a convenient and regulated way to access a digital asset that plays a critical role in the global settlement infrastructure,” stated David Mann, director of ETF products and capital markets at Franklin Templeton.

Grayscale has also launched its XRP Trust ETF (GXRP) with a zero-fee introductory period, highlighting XRP’s strong market position.

Introducing Grayscale XRP Trust ETF (Ticker: $GXRP), now trading with 0% fees¹ from Grayscale, the world's largest crypto-focused asset manager².

Gain exposure to $XRP, the world’s 3rd largest digital asset³, driving innovation in global payments. Available in your brokerage… pic.twitter.com/rAzGrm0M6P

— Grayscale (@Grayscale) November 24, 2025

Bitwise, which launched its XRP ETF a week earlier, reported $100 million in initial inflows. The clustering of ETF launches signals that asset managers were prepared for regulatory clarity, which arrived from the SEC in 2025.

Regulatory Resolution Paves Way for Wall Street Entry

Ripple’s $125 million settlement with the Securities and Exchange Commission in May 2025 ended years of uncertainty. SEC statements confirm that Ripple resolved all claims without admitting wrongdoing, paid $50 million directly to the agency, and had the rest released from escrow. This resolution gave large financial institutions the assurance needed to pursue spot ETFs.

Franklin Templeton’s participation is notable for its size, lending credibility to XRP’s story as a payment utility. Investors can now access XRP through regulated products managed by well-known custodians and with clear transparency.

Source: BeInCrypto

Still, prospectuses caution that risks remain, including XRP’s volatility, limited diversification, and regulatory uncertainty abroad. The ETF holds only XRP and cash, making it unsuitable as a standalone investment.

XRP’s Technical Advantages Drive Institutional Interest

XRP runs on the decentralized XRP Ledger (XRPL), designed for rapid payment settlement. XRPL documentation highlights near-instant, low-fee transactions and notes that over 3.3 billion transfers have been processed on the network.

XRPL’s consensus system is said to be energy efficient, settling transactions in three to five seconds. These features attract institutions seeking alternatives to SWIFT and traditional cross-border systems.

Franklin Templeton’s prospectus and Grayscale Research both stress XRP’s usefulness as a currency bridge and for efficient, scalable transfers. With these characteristics, XRP sets itself apart from cryptocurrencies like Bitcoin, which mainly serve as a store of value.

The current rally coincides with rising open interest in XRP futures, pointing to growing involvement from institutional and retail traders and suggesting sustained market activity.

Geopolitical Dimensions and China Exposure Speculation

Some analysts believe XRP could play a role in new cross-border payment corridors, including those in Asia, the Middle East, and Africa. Black Swan Capitalist has argued that China has indirect exposure to XRP through the BRICS New Development Bank and leading Japanese fintech SBI Holdings. However, direct adoption remains limited by Chinese policies.

China already has indirect exposure to XRP through the BRICS New Development Bank, SBI, and the cross-border payment corridors linking Asia, the Middle East, and Africa. The rails don’t stop at the Great Wall, despite what some on Twitter might think.

— Black Swan Capitalist (@VersanAljarrah) November 21, 2025

BRICS business council recommendations from April 2025 urged support for cross-border digital settlements — a theme in line with XRP’s core design, despite no explicit mention of the cryptocurrency. The recommendations highlight a growing need for efficient digital payment systems.

The European Central Bank is also examining cross-border payment infrastructure. Project Nexus was discussed during an April 2025 speech about linking payment systems in Asia and Europe. These trends echo the global relevance of the XRP Ledger’s use cases.

The post XRP Jumps 9% as Franklin Templeton and Grayscale Launch Spot ETFs appeared first on BeInCrypto.

3 Altcoins That Could Hit All-Time Highs In The Final Week Of November

25 November 2025 at 07:00

The crypto market is looking at recovery with Bitcoin reclaiming $85,000 as support. This is pushing the altcoins upwards as well, reigniting hopes of a rally and potential all-time highs.

BeInCrypto has analysed three such altcoins that could hit new all-time highs in the coming days.

Undead Games (UDS)

UDS has surged 9% in recent days and now trades at $2.33, supported by bullish signals from the Ichimoku Cloud. The indicator highlights strengthening momentum, helping the meme coin maintain upward pressure as investors look for high-volatility opportunities in the current market environment.

UDS is now roughly 24.3% away from its all-time high of $2.90. Reaching this level will require strong investor participation and favorable market conditions. The altcoin must first break through the $2.48 and $2.59 resistance zones, which have historically capped upward movement.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

UDS Price Analysis.
UDS Price Analysis. Source: TradingView

If momentum fades and investor support weakens, UDS could face a reversal. A fall below the $2.29 support may send the price toward $2.17 or even $2.12. Such a decline would invalidate the bullish thesis and signal a shift toward short-term downside risk.

Kite (KITE)

KITE is trading at $0.098 and sits roughly 35% below its all-time high of $0.133. The altcoin has been climbing steadily for several days, with bulls attempting to establish $0.099 as a firm support level to sustain upward momentum.

The RSI currently signals a bullish outlook as it remains above the neutral 50.0 mark. This positioning suggests continued upside potential as long as KITE avoids entering the overbought zone, where momentum often stalls and short-term corrections emerge.

KITE Price Analysis.
KITE Price Analysis. Source: TradingView

If market support weakens, KITE may struggle to maintain its gains. A drop toward the $0.089 support could follow, and losing that level may send the price to $0.079. Such a decline would invalidate the bullish thesis and signal renewed downside risk.

Wefi (WFI)

WFI is trading at $2.17 and sits just below the $2.25 level, which also marks its all-time high reached last week. The altcoin remains in a tight range as traders watch for signs of renewed momentum capable of driving a decisive breakout.

WFI recently bounced off the $2.10 support level and is now less than 3.7% away from retesting its ATH. The Parabolic SAR shows a clear uptrend, signaling that bullish pressure is building. If this momentum holds, WFI could push past $2.25 and set a new high.

WFI Price Analysis.
WFI Price Analysis. Source: TradingView

If bullish momentum weakens, WFI may repeat previous patterns by touching the ATH and falling again. A rejection at this level could pull the price below $2.10 and potentially toward $2.00 or even $1.92. Such a move would invalidate the bullish thesis and expose WFI to a deeper correction.

The post 3 Altcoins That Could Hit All-Time Highs In The Final Week Of November appeared first on BeInCrypto.

Monad Token Defies Market Rout With Sharp Post-Launch Rally

25 November 2025 at 06:45

Monad’s MON token surged more than 35% within 24 hours of launch, defying both a cold airdrop market and a deep November sell-off across digital assets. 

MON traded around $0.035 on Monday, rising from an early range near $0.025 as liquidity spread across major exchanges.

Monad Shines Bright Amid the Bear Market

The move stands out against a market where most airdrops have struggled. Recent industry research shows nearly 90% of airdropped tokens decline within days, driven by thin liquidity, high FDVs, and aggressive selling from recipients. 

MON instead climbed strongly despite more than 10.8 billion tokens entering circulation from airdrop claims and a public token sale.

$MON TGE today.

Simplest Monad airdrop play is still liquid staking. Stake and forget while farming points.

If Monad does well, one of the $MON LSTs will be Lido of ETH and Jupiter for Solana.

Question is which.

I look for:

– Exclusive to Monad
– No TGEd yet
– Already…

— Ignas | DeFi (@DefiIgnas) November 24, 2025

The token launched on November 24 alongside Monad’s mainnet. Around 76,000 wallets claimed 3.33 billion MON from a 4.73 billion-token airdrop, while 7.5 billion more unlocked from Coinbase’s token sale. 

Monad Price Chart. Source: CoinGecko

The airdrop alone was valued near $105 million at early trading prices.

MON’s performance also contrasts with the broader market downturn. Bitcoin fell below $90,000 last week after long-term holders sold more than 815,000 BTC over 30 days. 

Total crypto market value has dropped by over $1 trillion since October, and sentiment sits in extreme fear territory.

However, MON’s trading demand remained resilient. Its price recovered from initial selling pressure and climbed steadily through the afternoon session. 

Most large exchanges listed the token at launch, including Coinbase, Kraken, Bybit, KuCoin, Bitget, Gate.io, and Upbit, supporting deeper liquidity.

Analysts attribute the move to pent-up interest in Monad’s high-performance L1 design and a launch structure that avoided the steep inflation seen in other airdrops this year.

People really gravedancing on Monad right before a 4 hour 50% up candle at the most obvious support on planet earth

Man I love this game

— DonAlt (@CryptoDonAlt) November 24, 2025

The project delivered one of 2025’s largest distributions but kept real circulating supply focused on early users and public sale participants rather than speculative farmers.

MON’s rally comes as a rare outlier in November’s bear cycle. Its early strength now positions the token as one of the few airdrops this year to post immediate gains instead of sharp declines.

The post Monad Token Defies Market Rout With Sharp Post-Launch Rally appeared first on BeInCrypto.

Dormant LIBRA Wallet Moves $9 Million Amid US Pressure

25 November 2025 at 05:13

A multisignature wallet tied to the controversial LIBRA meme coin has moved $9 million after nine months of complete inactivity. 

The sudden activity occurred just as the US justice system was considering freezing related funds to protect the ongoing investigation, which is being overseen in the US Southern District Court.

Inactive LIBRA Wallet Awakens

The wallet, labeled “Milei” on several blockchain monitoring platforms, sent 69,000 SOL—worth roughly $9 million—through a series of opaque addresses. 

Blockchain analyst Fernando Molina, who detected the activity, said the path suggests an attempt to obscure the destination of the funds. The wallet had remained untouched since February 15, one day after LIBRA collapsed following its chaotic launch.

Caso $LIBRA :

Cuando faltaban enviar a penas 800 mil dólares de los 9 M, la jueza Rochon cita a Hayden Davis y los damnificados en USA a una audiencia para hoy a las 6pm. Los movimientos continuan mientras tanto

Pude encontrar a donde están enviando el dinero. Es una wallet de… https://t.co/1OtnznC9mX pic.twitter.com/Lr1RnH3zC2

— Fernando Molina (@fergmolina) November 24, 2025

The move represents the first known outflow from any multisig wallet linked to the project. Such wallets require at least two signatures, indicating coordinated action. 

The timing also coincides with an emergency request filed in Manhattan, where plaintiffs in a class-action lawsuit seek to halt further fund movements before more assets disappear. The request is now before Judge Jennifer Rochon, who is presiding over the case.

Threat of Lost Evidence

Legal counsel from the Burwick Law firm, representing plaintiffs, told the court that they believe the defendants may soon convert their remaining assets into privacy coins that can erase all transaction history. 

Court documents warn that critical funds linked to the LIBRA launch could be lost if the conversion occurs. The filing claims the defendants are only steps from destroying evidence.

The plaintiff’s lawyers argued that the concerns were not hypothetical, according to court documents accessed by BeInCrypto. 

They pointed to two specific incidents on November 16 and November 18. These events showed that the defendants had already begun using anonymization tools designed to erase the blockchain trail.

Plaintiffs Argue Funds at Risk

According to the legal filing, the first event, held on November 16, served as a clear test run. A wallet linked to the LIBRA team routed funds through the NEAR Intents protocol and then into a shielded Zcash address. 

Once inside Zcash’s privacy pool, the money became mathematically untraceable. Plaintiffs described this as a deliberate proof of concept showing that the defendants could make LIBRA proceeds disappear beyond recovery.

Two days later, the activity escalated significantly. On November 18, defendants began converting more than $60 million in USDC tied to LIBRA into roughly 456,000 SOL. 

The funds were then consolidated into two newly created “positioning” wallets—a common step used before assets are pushed through privacy systems or cross-chain anonymization routes. 

The movement, according to the filing, strongly suggested preparation for a full-scale laundering operation similar to the one conducted on November 16. 

The escalating activity has now prompted the court to act urgently. A hearing on the plaintiffs’ request for injunctive relief is scheduled for this Tuesday at 4 p.m. EST.

For investigators and plaintiffs, the coming hearing could determine whether the remaining LIBRA funds stay traceable or disappear for good.

The post Dormant LIBRA Wallet Moves $9 Million Amid US Pressure appeared first on BeInCrypto.

3 Altcoins Facing Major Liquidation Risk in the Final Week of November

25 November 2025 at 05:00

Billion-dollar liquidation events have become a new normal in recent months. These events show that traders continue to get caught off guard by market volatility. Several altcoins in the final week of November could create similar surprises.

These are the altcoins and the reasons they may trigger major liquidations.

1. XRP

XRP’s 7-day liquidation map shows notable risk levels. If XRP rises to $2.32 this week, approximately $300 million in short positions will be liquidated. If XRP falls to $1.82, around $237 million in long positions will be liquidated.

XRP Exchange Liquidation Map. Source: Coinglass
XRP Exchange Liquidation Map. Source: Coinglass

Short traders in the final week of November may face liquidation for several reasons. For example, Grayscale’s XRP ETF will debut on the NYSE on November 24. US-listed XRP ETFs have also posted a cumulative total net inflow of more than $422 million, despite the broader market decline.

However, other reports show that XRP whales have shifted from accumulation to heavy selling in recent days. This selling pressure could push XRP lower and trigger liquidation for long positions.

These conflicting forces may cause losses for both long and short traders, especially as the derivatives market shows signs of heating up again.

2. Dogecoin (DOGE)

Similar to XRP, Grayscale’s DOGE ETF is also set to launch on November 24. The launch is expected to boost sentiment around the leading meme coin.

ETF expert Nate Geraci believes the Grayscale Dogecoin ETF (GDOG) marks an important milestone. He views it as clear evidence of major regulatory changes over the past year.

“Grayscale Dogecoin ETF. First ‘33 Act doge ETF. Some (many) might laugh. But this is a highly symbolic launch. IMO, the best example of a monumental crypto regulatory shift over the past year. By the way, GDOG might already be a top-10 ticker symbol for me,” Geraci said.

DOGE Exchange Liquidation Map. Source: Coinglass
DOGE Exchange Liquidation Map. Source: Coinglass

If these positive factors push DOGE above $0.16 this week, total short liquidations could reach $159 million.

However, another report shows that whales sold 7 billion DOGE over the past month. If this selling pressure continues, it may cap the recovery or even trigger a decline.

If DOGE falls below $0.13, long liquidations could exceed $100 million.

3. Tensor (TNSR)

Tensor (TNSR) rallied by more than 340% last week, drawing strong attention from traders. However, the price quickly corrected by nearly 60% from its recent peak at $0.36.

Simon Dedic, founder of Moonrock Capital, argued that the rally looked suspicious. He suggested that the price action showed signs of an “insider pump.”

Tensor and Coinbase have not responded to these accusations. Yet other analysts note that the top 10 wallets hold roughly 68% of the total supply. This concentration creates significant risk and increases volatility.

TNSR Exchange Liquidation Map. Source: Coinglass
TNSR Exchange Liquidation Map. Source: Coinglass

These factors could influence TNSR’s price in the coming days. If the price rises to $0.19, short liquidations may reach nearly $6 million. If the price drops to $0.11, long liquidations may exceed $5 million.

The post 3 Altcoins Facing Major Liquidation Risk in the Final Week of November appeared first on BeInCrypto.

Elon Musk’s New X Feature Skyrockets Racism and Crypto Kidnapping Concerns

25 November 2025 at 04:17

The new location-visibility feature on X has sparked an immediate wave of racism, harassment, and doxxing across Crypto Twitter. 

The update has also raised serious safety concerns, with experts warning it could make crypto-targeted crime and kidnappings easier.

Twitter’s New Location Tool

X now has a new “About This Account” feature that displays the country or region linked to every user profile, marking one of the platform’s most significant shifts toward identity transparency. 

The update appears automatically on profile pages and cannot be disabled, giving audiences a clearer sense of where accounts are based. According to the company, the feature helps combat misinformation, reduce bot activity, and provide more context around conversations.

“This is an important first step to securing the integrity of the global town square. We plan to provide many more ways for users to verify the authenticity of the content they see on X,” said Nikita Bier, Head of Product at X. 

The move follows months of internal discussion about how to make interactions on X more accountable and less anonymous.

However, it has also fueled a rise in racist behavior on the platform and intensified fears about security risks, particularly in crypto circles.

Racism Spikes Post-Update

Many users say the feature has already triggered a wave of hostility across the platform. 

Shortly after the rollout, Crypto Twitter timelines filled with screenshots of xenophobic comments, mocking posts, and targeted harassment aimed at users whose newly revealed locations made them easy targets. 

Bullying Indians, Pakistanis, Nigerians, or anyone else because of where they’re from doesn’t make you funny

It just shows what kind of scumbag you are

CT has always been about merit, not nationality or skin color

If you’re still making these type of jokes, you’re not funny.…

— 0xMarioNawfal (@RoundtableSpace) November 23, 2025

Different accounts have since reported being singled out for their nationality or region, turning routine discussions into flashpoints for racial slurs and regional prejudice. 

The shift has exposed long-standing cultural tensions within the crypto community, where anonymity has often protected users from personal attacks tied to identity.

Security concerns escalated just as quickly.

Kidnapping Fears Emerge

Prominent crypto figures have warned that disclosing even regional location data poses real-world risks for anyone discussing or holding crypto. 

🚨WARNING🚨

X is now doxxing everybody’s country by default. Best you can do is change to region.

Given the security risks in crypto, especially with all the recent kidnappings, I think this is a terrible move.

See the image below where you can change from country to region.👇 pic.twitter.com/itn5aLTfkW

— Beanie (@beaniemaxi) November 22, 2025

Several users raised concerns about kidnapping, extortion, and home-targeted crime. These threats are already prevalent in areas where crypto wealth makes individuals vulnerable. Many in the community see anonymity as a key layer of protection. 

Weakening that layer can open new paths for criminals. Users argue that the feature, despite its transparency goals, may expose high-value individuals to danger. They fear it could help bad actors track potential targets by region.

The post Elon Musk’s New X Feature Skyrockets Racism and Crypto Kidnapping Concerns appeared first on BeInCrypto.

Bitcoin Just Matched FTX-Era Liquidation Levels – But It Could Create an Opportunity

25 November 2025 at 03:41

Bitcoin has hit liquidation levels last seen during the FTX collapse, but this time the shock came from a market overloaded with unprecedented leverage rather than fraud or exchange failure.

According to some analysts, leverage flushes like this have historically created strong medium-term opportunities, even as broader risks and late-cycle uncertainties remain.

The Spark Behind the Liquidation Wave

Bitcoin has just equalled FTX-era liquidation levels, but this time the cause isn’t an exchange implosion or hidden fraud. Instead, the shock came from a market overloaded with leverage—a buildup that grew quietly for months before breaking open in a matter of hours.

“The market has never carried this much leverage. In 2021, open interest peaked at $16.5 billion. In this cycle, it reached $47.5 billion– three times more. This [illustrates] how aggressive investors have become during this cycle,” Darkfost told BeInCrypto.

Liquidations occur when traders who borrow heavily are unable to maintain their positions once prices move against them. When leverage is stretched across the entire market, even a modest drop can trigger a wave of automated selling.

🚨 BTC LONG LIQUIDATION HAVE REACHED LEVELS NOT SEEN SINCE THE FTX CRASH.

Despite Bitcoin’s correction, many investors tried to time the bottom and go long on BTC.⁰On top of that, a large number of positions had built up over time, contributing to a level of long liquidations… pic.twitter.com/Iy5NMo58sI

— Darkfost (@Darkfost_Coc) November 24, 2025

That is precisely what unfolded this week. The tens of billions of dollars in open interest had accumulated across exchanges, leaving the market vulnerable to any meaningful downturn.

Once Bitcoin slipped, the pressure broke. Forced liquidations cascaded through the system, each one accelerating the next.

“This all-time high in open interest occurred just before the events of October 10 and the series of major liquidations that followed, which increased the short-term volatility,” Darkfost added.

The scale and speed of the wipeout immediately drew comparisons to the FTX collapse.

Fresh Strength After the Shake-Out

Liquidation totals now resemble those seen in November 2022, with more than 9,000 to 10,000 BTC wiped out in a single day. But that’s where the similarity ends. 

In 2022, the market unraveled because of fraud and the failure of a major exchange. This time, the crash came from excessive leverage and normal market mechanics. That difference is crucial. 

The current shake-out does not signal structural failure. Instead, it reflects over-confident positioning and a crowded derivatives market. The unwinding was violent because the leverage was extreme. Yet once that excess leverage washed out, the picture begins to shift. 

“Historically, these deleveraging phases have often offered solid medium-term opportunities, just like after the FTX crash… which marked the end of the bear market,” Darkfost noted. 

Additionally, funding rates turned negative, a sign that traders backed away from overly bullish leveraged bets. Open interest also eased and didn’t rebound immediately, reducing the risk of another rapid wave of forced selling. 

At the same time, spot trading spiked—one of the strongest days of the year—indicating that real buyers, not borrowed money, were stepping in.

“A market rebuilding itself on spot after a leverage flush is a sign that a bottom may be forming. This is exactly the kind of signal you want to see after such a liquidation event,” Darkfost added.

This is where the window of opportunity opens.

Caution Amid a Cleaner Market

When large amounts of leverage are flushed out of the system, the market often becomes more stable. 

But Darkfost argued that before viewing this moment as an opportunity, it’s important to understand why these events happen so violently in the first place. Episodes like this highlight a persistent problem in the crypto industry: many traders still lack a basic understanding of risk.

“People need real education when it comes to risk management. Crypto remains lightly regulated and extremely accessible, and it is possible to use extreme leverage with huge amounts of capital,” he said, adding, “[If] an investor doesn’t perfectly know how to manage risk, their net worth can suffer heavy losses. The higher the leverage, the shorter the lifespan of the trade.”

With that warning in place, Darkfost also noted that the broader environment is not entirely straightforward.

“Given the current context, it is worth adding some nuance because we have reached the end of the cycle for those who still believe in that periodicity. The macro picture is not entirely clear yet and other concerns are emerging, including the possibility that MSCI could identify treasury heavy companies like MSTR.”

Only after acknowledging these risks does the larger historical pattern come into focus. Once excessive leverage is cleared, markets often return to a healthier footing. 

After the FTX collapse, a similar reset marked the end of the bear market and the start of a months-long recovery. A comparable dynamic may be taking shape again—although this time with more nuance and more variables at play.

The post Bitcoin Just Matched FTX-Era Liquidation Levels – But It Could Create an Opportunity appeared first on BeInCrypto.

3 Altcoins To Watch In The Final Week Of November 2025

25 November 2025 at 03:00

The final month of the year is nearing, but before December begins, some altcoins are preparing for one last hurrah as November ends. This includes a Bitcoin namesake token as well, which is likely benefiting from BTC’s rise.

BeInCrypto has analysed two other altcoins that investors should watch in the last week of November.

Celestia (TIA) 

TIA has been one of the worst-performing tokens this month, dropping 40% in less than two weeks. Celestia may, however, reverse its downtrend with the upcoming Matcha upgrade, which has attracted growing attention as traders search for potential catalysts.

The Matcha upgrade introduces scaling to 128MB blocks and cuts inflation by 50%. These improvements could help TIA bounce from the $0.607 support level and move toward $0.784. A rise of this magnitude would be crucial in recovering the token’s steep monthly decline.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

TIA Price Analysis.
TIA Price Analysis. Source: TradingView

If the upgrade fails to materialize or does not generate sufficient momentum, TIA could fall to $0.531. A breakdown below this support would invalidate the bullish thesis and increase the likelihood of further declines as investor confidence weakens.

Helium (HNT)

HNT has fallen 24% in the past week and now trades at $1.91, sitting just below key resistance after rebounding from the $1.79 support level. The recent bounce gives Helium a narrow window to stabilize as traders assess upcoming catalysts.

Helium’s upcoming HIP-148 protocol upgrade introduces meaningful network changes that could support price recovery. At the same time, HNT’s strong 0.89 correlation with Bitcoin means a BTC rebound may help push the token toward the $2.10 resistance and possibly $2.28 if momentum strengthens.

HNT Price Analysis
HNT Price Analysis. Source: TradingView

If HNT fails to benefit from Bitcoin’s movement or its own network upgrade, bearish pressure could return. A drop below the $1.79 support may send the price toward $1.66, invalidating the bullish thesis and signaling renewed weakness across the Helium ecosystem.

Bitcoin Cash (BCH)

Bitcoin’s latest rebound is creating opportunities for BTC-themed assets, and Bitcoin Cash appears well-positioned to benefit. As one of the most recognized Bitcoin hard forks, BCH is already reacting to improving sentiment.

BCH has climbed 13% in recent days and now trades at $544, just below the key $555 resistance level. This barrier has historically capped upward movement, making a breakout essential for momentum continuation. A successful breach could open the path to $593, the final resistance before BCH attempts to reclaim the $600 zone. Rising inflows, reflected by an improving CMF, may help fuel this advance.

BCH Price Analysis.
BCH Price Analysis. Source: TradingView

If BCH once again fails to clear the $555 ceiling, history may repeat itself with a downside rejection. Such a move could drag the price back toward $503 or even $479. A drop of this magnitude would invalidate the bullish thesis and signal renewed weakness in the trend.

The post 3 Altcoins To Watch In The Final Week Of November 2025 appeared first on BeInCrypto.

Coinbase Lists Two DeFi Tokens In November’s Bear Market

25 November 2025 at 02:19

Coinbase said on November 24 that it will open spot trading for Fluid (FLUID) and World Mobile Token (WMTX) on November 25, 2025.

The announcement arrives during one of the harshest drawdowns of 2025, and both tokens saw modest but noticeable intraday recoveries after weeks of pressure.

Coinbase Listing Gives Some Optimism To These Altcoins

The broader market remains deep in negative sentiment. Bitcoin is still hovering in the mid-$80,000s, and major altcoins have continued to bleed throughout November. 

Against that backdrop, even small upside reactions stand out. 

Both FLUID and WMTX posted mild rebounds on November 24 following Coinbase’s announcement. The price movements are far from breakout rallies, but enough to break multi-day downtrends visible on their 24-hour charts.

Spot trading for Fluid (FLUID) and World Mobile Token (WMTX) will go live on 25 November 2025. The opening of our FLUID-USD and WMTX-USD trading pairs will begin on or after 9AM PT, if liquidity conditions are met, in regions where trading is supported. pic.twitter.com/niDFzmMxay

— Coinbase Markets 🛡️ (@CoinbaseMarkets) November 24, 2025

Fluid (FLUID), formerly Instadapp (INST), underpins a DeFi protocol that merges lending, borrowing, and trading into a unified liquidity system. 

The token has been under sustained selling pressure since early November, despite the protocol holding more than $1.4 billion in TVL. 

Fluid highlights: pic.twitter.com/6LFTDlZgp8

— Fluid 🌊 (@0xfluid) October 7, 2025

Meanwhile, World Mobile Token (WMTX) powers the World Mobile Chain, a decentralised telecom infrastructure project built around physical wireless nodes. The project sits in the DePIN sector, which blends blockchain with real-world infrastructure.

WMTX has traded heavily throughout November as risk-off sentiment hit mid-cap altcoins. Its circulating supply is far larger than FLUID’s—around 794 million—making price moves more muted during low-liquidity periods. 

WMTX Token 24-Hour Price Chart. Source: CoinGecko

The Coinbase listing announcement helped push WMTX off its $0.096 base and toward $0.102. Even though the uptick is small, it breaks a flat multi-day pattern and introduces early signs of renewed buyer interest.

A Small But Notable Signal In a Bearish Month

Coinbase listings no longer trigger explosive price spikes in most cases, especially during a macro and sentiment-driven downturn. But November has been defined by heavy outflows, declining liquidity, and accelerated long-term holder selling across the market. 

In that context, the reaction from FLUID and WMTX—two tokens tied to infrastructure-driven DeFi and DePIN narratives—offers a rare positive signal.

Both projects remain actively engaged, and traders appear to be monitoring how the listings may impact liquidity once US markets gain direct spot access.

The post Coinbase Lists Two DeFi Tokens In November’s Bear Market appeared first on BeInCrypto.

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