November 2025 delivered a stark reality check for the crypto ecosystem, as on-chain data from Presto Research revealed a simultaneous decline across nearly every key metric of user activity and financial commitment. This broad cooldown in active users, total value locked (TVL), protocol fees, and decentralized exchange (DEX) volumes unfolded against a backdrop of volatile price swings, highlighting a growing divergence between rising institutional interest and weakening retail and DeFi participation. While pockets of strength emerged on Ethereum, the overarching narrative was one of thinning engagement, raising questions about the market’s underlying momentum.
about Crypto On-Chain Activity Cools in November as User Engagement ThinsCurve
0 in Finance and 0 in Crypto last weekTezos Partners with Google Cloud to Boost Etherlink Ecosystem
In a strategic move to accelerate Web3 development, the Tezos Foundation has partnered with Google Cloud to provide substantial resources for its burgeoning Etherlink ecosystem. This collaboration makes qualified Etherlink developers eligible for Google Cloud’s Web3 Startup Program, offering up to $200,000 in cloud credits, technical assistance, and valuable networking opportunities. The initiative represents a significant boost for the energy-efficient Tezos blockchain’s Layer-2 solution, which has already demonstrated impressive growth with over $70 million in total value locked despite broader market challenges.
about Tezos Partners with Google Cloud to Boost Etherlink EcosystemEthena Founder Explains USDe Depegging as Oracle Issue
Ethena Labs founder Guy Young has clarified that the recent USDe depegging event on Binance, which saw the synthetic dollar stablecoin briefly drop to $0.65, was caused by an internal oracle issue rather than fundamental problems with the protocol. During Friday’s market volatility, Young emphasized that minting and redemption mechanisms functioned perfectly across other exchanges, with $2 billion in USDe successfully processed with minimal price deviations.
about Ethena Founder Explains USDe Depegging as Oracle IssueZcash Surges 240% as Crypto Influencers Boost Privacy Token
Zcash has exploded with a staggering 240% price surge over the past two weeks, catapulting to $165 as prominent cryptocurrency figures transform the privacy-focused token into a social media sensation. Helius Labs CEO Mert Mumtaz has emerged as Zcash’s most vocal evangelist, boldly predicting a $1,000 price target while championing its growing adoption of shielded transactions through zero-knowledge proofs. This dramatic rally coincides with renewed institutional interest through Grayscale’s private placement and comes despite some observers noting that retail investors appear more captivated by green candles than technological merits.
about Zcash Surges 240% as Crypto Influencers Boost Privacy TokenTurtle Launches Onchain Liquidity Leaderboard for Crypto
Turtle has launched a Liquidity Leaderboard designed to standardize how onchain liquidity is measured and rewarded across crypto protocols. The system evaluates participants through three metrics: Liquidity Score (time-weighted deposits), Distribution Score (user referrals), and Boosts (identity/activity multipliers). This initiative comes as Kaiko reports a 30% decline in altcoin liquidity in Q1 2025, highlighting the need for better capital allocation tracking. Unlike engagement-based leaderboards, Turtle’s framework uses verifiable capital that can’t be easily falsified. The company, which has coordinated over $4 billion in deposits since 2024, aims to make liquidity the central signal in DeFi. Future plans include white-label solutions for protocols and integrations merging financial contributions with cultural engagement.
about Turtle Launches Onchain Liquidity Leaderboard for CryptoEtherex DEX Launches on Linea with Full User Alignment
Etherex, a newly launched decentralized exchange on Ethereum layer-2 Linea, is designed to fulfill Ethereum’s original vision of a fully user-aligned DEX. Unlike traditional DEXs, Etherex operates as a ‘metaDEX,’ solving the DEX trilemma by ensuring 100% of fees and incentives go to token holders, with no insider unlocks or value extraction. The platform aims to become the central hub for ETH capital on Linea, offering sustainable yield and infrastructure for swapping and earning, rather than speculation. With the upcoming LINEA token generation event, Etherex expects a surge in liquidity, positioning itself as the go-to platform for institutions and large ETH holders seeking superior returns.
about Etherex DEX Launches on Linea with Full User AlignmentTAC Token Launches with $800M TVL on New Mainnet
TAC has officially launched its public mainnet and native token, TAC, now listed on exchanges like Bybit, Bitget, and Kraken. The blockchain, designed to bridge EVM dApps with TON and Telegram’s ecosystem, has already attracted $800M in TVL through its liquidity campaign. Leading DeFi protocols such as Curve, Bancor, and Morpho are live on the network. TAC serves as the gas token, secures the network via DPoS, and enables governance. Backed by $11.5M in funding and partnerships with LayerZero and Babylon, TAC aims to scale DeFi within Telegram’s billion-user ecosystem.
about TAC Token Launches with $800M TVL on New MainnetTelegram Integrates Ethereum DeFi via Tac Mainnet Launch
Telegram has taken a significant step into decentralized finance (DeFi) with the mainnet launch of Tac, a layer-1 blockchain designed to connect Ethereum Virtual Machine (EVM) decentralized applications (DApps) to The Open Network (TON) and Telegram ecosystems. The network allows Telegram users to access popular DeFi protocols like Curve, Morpho, and Euler directly within the messaging app. Tac co-founder Pavel Altukhov highlighted the platform’s mission to enhance interoperability between EVM DApps and Telegram’s vast user base, marking a pivotal moment for DeFi accessibility.
about Telegram Integrates Ethereum DeFi via Tac Mainnet LaunchYield Farming: The New Trend in DeFi Explained
Yield farming, or liquidity mining, is a DeFi trend where users provide liquidity to protocols in exchange for rewards like interest, fees, or additional tokens. Protocols like Compound (COMP), Synthetix (SNX), Curve (CRV), and Balancer (BAL) have pioneered this approach, distributing governance tokens to incentivize participation. While yield farming offers high returns, it also carries risks such as smart contract bugs, stablecoin peg failures, and liquidity crunches. Understanding these risks is crucial for anyone looking to engage in yield farming, as the DeFi landscape continues to evolve rapidly.
about Yield Farming: The New Trend in DeFi ExplainedCatex Launches as Uniswap v4 MetaDEX on Unichain
Catex is positioning itself as the premier MetaDEX on Unichain by integrating Uniswap v4’s Hooks—programmable extensions that enhance AMM functionality. The platform enables developers to deploy custom strategies, earn incentives, and build capital-efficient vaults while users benefit from native yield via ve(3,3) tokenomics. Governed by veCATX holders, Catex distributes 100% of trading fees and voting rewards, creating a self-reinforcing ecosystem. As part of the DefiZoo MetaDEX franchise, Catex follows successful predecessors like Lynex, which generated $5B+ in trading volume. The CATX token launch emphasizes long-term alignment, with a public sale distributing 5.5% of supply and liquidity mining starting immediately post-TGE. Catex aims to capture a significant share of Unichain’s TVL while serving as a coordination layer for builders, protocols, and yield seekers.
about Catex Launches as Uniswap v4 MetaDEX on UnichainTurkey Blocks PancakeSwap in Crypto Crackdown
Turkey’s Capital Markets Board (CMB) has taken legal action to block 46 websites offering crypto services, including the prominent decentralized exchange PancakeSwap. The regulator cited violations under the Capital Markets Law, though specifics on PancakeSwap’s alleged unauthorized activities remain unclear. PancakeSwap, which recorded over $325 billion in trading volume in June, is among the largest decentralized exchanges affected by Turkey’s latest crackdown. The move reflects tightening oversight on crypto platforms in the country, though enforcement against decentralized services poses unique challenges.
about Turkey Blocks PancakeSwap in Crypto CrackdownBitcoin Consolidates: Key Resistance at $114K, Upside Potential
Bitcoin remains in a consolidation phase, with key resistance at $114K—a breakout there could signal further upside. Institutional inflows, ETF momentum, and anticipated rate cuts create a bullish macro environment for Q3–Q4 2025. Technical indicators show oversold conditions (RSI 6 at 29.8), but bearish momentum persists (MACD negative). Analysts like Ed Campbell predict a 25% rally to ~$143K if $114K is breached, while Philippe Laffont forecasts BTC’s market cap doubling to $5T in five years. Meanwhile, DeFi exploits ($38.9M losses) and corporate treasury shifts (ProCap’s $1B MicroStrategy-style strategy) highlight broader crypto market dynamics.
about Bitcoin Consolidates: Key Resistance at $114K, Upside Potential