Brazil is advancing landmark legislation to ban algorithmic stablecoins, mandating strict 1:1 reserve backing in a move that protects consumers and strategically clears the path for its central bank digital currency, Drex. This regulatory squeeze is accelerating a capital rotation from experimental DeFi toward fundamental infrastructure, with Bitcoin Hyper ($HYPER) raising over $31 million by bringing Solana’s speed to Bitcoin via a novel Layer 2 solution. Whale activity confirms growing institutional interest in scalable utility projects as the market seeks tangible technological moats over financial engineering.
about Brazil Bans Algorithmic Stablecoins, Fuels Bitcoin Hyper's $31M PresaleEthena USDe
1 posts last weekFake ENA Token Exploited on Binance Launchpool, $290K Lost
A fraudulent token masquerading as the newly launched ENA token was exploited on Binance Launchpool, resulting in losses of 480 BNB worth approximately $290,000. The incident, which occurred mere hours after the legitimate Ethena (ENA) token debuted as the platform’s 50th project, has sown significant confusion and raised urgent questions about security protocols in the cryptocurrency sector. Security firm PeckShield has confirmed the token was counterfeit, highlighting a persistent vulnerability to malicious exploits within the digital asset space.
about Fake ENA Token Exploited on Binance Launchpool, $290K LostEthena’s USDe Stablecoin Loses 24% Supply in November
November delivered a stark verdict on the synthetic stablecoin model as Ethena’s USDe shed nearly a quarter of its supply, hemorrhaging $2.2 billion in market capitalization. This dramatic contraction occurred against a backdrop of surging inflows into traditional fiat-backed rivals like USDT, USDC, and PYUSD, highlighting a pronounced market shift toward perceived safety and away from algorithmically maintained pegs. The divergence underscores growing investor skepticism toward complex crypto-native mechanisms in favor of simpler, reserve-backed alternatives.
about Ethena's USDe Stablecoin Loses 24% Supply in NovemberCrypto Market Reset: ETFs Cool, Leverage Unwinds, Liquidity Shallow
The cryptocurrency market is undergoing a significant structural reset as ETF demand softens and leverage unwinds across futures and DeFi markets. Despite creating price pressure, this recalibration is leaving the ecosystem healthier and more fundamentally anchored. Shallow spot liquidity continues to make markets vulnerable to outsized moves.
about Crypto Market Reset: ETFs Cool, Leverage Unwinds, Liquidity ShallowBitcoin Enters Most Bearish Phase in Two Years
Bitcoin has plunged into its most bearish market phase in two years, with prices collapsing 34% from recent peaks and erasing approximately $715 billion in market value. The dramatic downturn reflects rapidly weakening bull conditions, massive ETF outflows, and a critical technical breakdown below key support levels that had held throughout the current market cycle.
about Bitcoin Enters Most Bearish Phase in Two YearsPendle Bridges $140T Fixed Income Market to DeFi
Pendle is revolutionizing decentralized finance by tokenizing fixed-income instruments, creating a crucial bridge between traditional finance and crypto ecosystems. The protocol has achieved a major milestone with $69.8 billion in settled fixed yield and over $6 billion in total value locked, positioning itself as a leading platform for institutional-grade fixed-income solutions in DeFi. This development comes as the global fixed-income market, valued at $145.26 trillion in 2024, approaches $200 trillion by 2030, presenting a massive opportunity for decentralized innovation.
about Pendle Bridges $140T Fixed Income Market to DeFiTether’s $181B Paradox: USDT Growth Amid Market Share Decline
Tether’s USDT has experienced a paradoxical scenario where its absolute supply surged to $181 billion while its market dominance declined significantly. This shift coincides with Europe’s MiCA regulatory enforcement, revealing complex market dynamics beyond simple regulatory displacement. The data shows USDT’s remarkable growth story unfolding alongside changing competitive landscapes.
about Tether's $181B Paradox: USDT Growth Amid Market Share DeclineCrypto Weekly: Ripple’s $1B Buyback, Trump’s $1B Profit
This week witnessed major moves in the crypto space, from Ripple Labs planning a $1 billion XRP buyback to revelations about the Trump family’s $1 billion crypto profits. Meanwhile, regulatory developments and significant investments continue to shape the digital asset landscape.
about Crypto Weekly: Ripple's $1B Buyback, Trump's $1B ProfitBitcoin Slides 13% as US-China Trade Tensions Trigger Crypto Selloff
Bitcoin has experienced a sharp 13% correction as renewed US-China trade tensions spill over into cryptocurrency markets. The selloff wiped out over $19 billion in leveraged positions, echoing a similar pattern from earlier this year. Market participants are bracing for extended volatility as geopolitical risks continue to weigh on digital assets.
about Bitcoin Slides 13% as US-China Trade Tensions Trigger Crypto SelloffBitcoin ETFs See $859M Outflow Amid Tariff Panic
Bitcoin exchange-traded funds experienced their worst week in months as $858.7 million fled the products, with ARK 21Shares Bitcoin ETF recording its largest single-day withdrawal since August. The massive institutional retreat comes amid market turbulence triggered by former President Donald Trump’s tariff announcement and defensive positioning ahead of critical Federal Reserve policy decisions, highlighting growing risk aversion among major investors.
about Bitcoin ETFs See $859M Outflow Amid Tariff PanicCrypto Whale’s $163M Bitcoin Short Sparks Insider Trading Fears
A mysterious crypto trader has placed a $163 million short bet against Bitcoin through decentralized exchange Hyperliquid, generating immediate $3.5 million in unrealized profits and reigniting insider trading concerns. This follows the same entity’s perfectly timed $192 million profit from a previous short position opened just 30 minutes before President Trump’s tariff announcement triggered market chaos. The whale’s suspicious timing and massive leverage have sparked widespread accusations of market manipulation across crypto communities, raising fundamental questions about integrity in unregulated digital asset markets.
about Crypto Whale's $163M Bitcoin Short Sparks Insider Trading FearsBNB Faces Market Divergence Amid Binance Technical Issues
BNB is navigating turbulent waters as conflicting market signals emerge between spot and derivatives trading, compounded by recent technical issues at its native exchange Binance. While long-term positioning appears fundamentally strong with spot buying increasing, short-term pressures from declining open interest, falling cumulative volume deltas, and community backlash over oracle mispricing and asset depegging have created a complex landscape for the cryptocurrency. The token’s immediate trajectory may depend on broader market recovery and restored investor confidence in Binance’s technical infrastructure.
about BNB Faces Market Divergence Amid Binance Technical Issues