Edwin1Ivan2

U.S. regulations on stablecoins are dividing global liquidity, warns CertiK

12:12 ▪ 4 min read

The new U.S. framework for stablecoins, introduced by the GENIUS Act, is creating a marked division between U.S. and European liquidity, according to a report by blockchain auditor CertiK. While the law provides the long-awaited clarity to U.S. issuers, it is also accelerating the global divide between U.S. and European stablecoin markets.

In brief

The GENIUS Act creates the first unified U.S. framework for stablecoins, strengthening reserves and banning yield tokens.

European MiCA regulations diverge by requiring issuers to keep most of their reserves in EU banks, raising concerns about concentration risks.

CertiK warns that both systems divide global liquidity of stablecoins into separate pools in the U.S. and the EU.

GENIUS Act: Clear rules, fragmented liquidity

The GENIUS Act, signed by President Donald Trump in July, establishes the first federal manual for payment stablecoins in the United States. It imposes strict reserve requirements, prohibits interest-generating stablecoins, and integrates issuers into the U.S. financial system.

According to CertiK, these regulations provide clarity but also alter liquidity flows. Instead of a unified global stablecoin market, the United States is creating its own liquidity pool separate from that of the EU.

This change marks the first significant structural fragmentation of global stablecoin liquidity. CertiK warns that this could create cross-border friction, slow settlements between regions, and offer new arbitrage opportunities between U.S. and European markets.

$GEAR
$EUR
$RIVER
#CertiK

BitMine invests 150 million dollars in Ether and wants to control 5% of all Ethereum.

6:00 p.m. ▪ 5 min read

Each person interprets market corrections differently. For risk-averse investors, it's time to flee. For giants, it's time to stock up. BitMine, led by Tom Lee, took advantage of the latest market turbulence to add 150 million dollars in ETH to its treasury. This accumulation strategy is generating a lot of buzz and has a symbolic goal: to own 5% of all existing Ethereum.

In brief

BitMine bought 150 million dollars in ether through Kraken and BitGo this week.

The company now holds more than 3% of the total Ethereum supply available in the market.

The plan is based on the Fusaka upgrade and a favorable macroeconomic climate.

BMNR shares rose 15%, driven by the increase in ether and massive purchases.

Ethereum: The quest for 5% has begun!

BitMine takes an important step after a purchase of 70 million dollars. In just one week, 96,798 ETH were added to the company's coffers. This massive purchase, made through Kraken and BitGo, according to Arkham data, gives BitMine a total stake of over 3% of the total Ether supply. The goal is clear: to reach 5%.

But where many see a simple bet, Tom Lee speaks of infrastructure. “We have increased our weekly purchases of ETH by 39%,” he explains. For him, Ethereum is where Bitcoin was in 2017: surrounded by doubts... but ready for explosive growth.

While other cryptocurrency treasuries are cutting back on their purchases (purchases have fallen by 81% since August), BitMine is charting its own course. And it's not just a publicity strategy. With Chi Tsang at the helm and three new independent directors joining the company, governance is being strengthened for a long-term strategy.

$HEMI
$XUSD
$SAHARA
#Bitmine

Record sales of Solana ETF: the cryptocurrency ETF TSOL from 21Shares loses 42 million dollars in record time

19:06 ▪ 5 min of reading

While Bitcoin skyrockets to the top of a new rally, Solana sends a much more confusing signal: capital is leaving the ETFs, but continues to flow into the blockchain. On one hand, 21Shares sees 42 million dollars lost from its cryptocurrency ETF TSOL. On the other hand, more than 321 million dollars are being redistributed directly on the blockchain to Solana. This apparent contradiction reveals the true state of the market.

In brief

Solana ETFs, particularly the cryptocurrency ETF TSOL from 21Shares, are experiencing record outflows despite an overall bullish market.

These withdrawals mainly reflect a technical rebalancing and a rotation toward other products, rather than a capitulation from investors.

Paradoxically, capital continues to flow on-chain to Solana, a sign of a fundamental conviction that has not diminished despite the weakness of the ETFs.

TSOL bleeds, Solana ETFs plummet while the cryptocurrency market rises

Solana ETFs have managed to attract more capital, while Bitcoin and Ethereum have suffered significant losses. However, on Wednesday, Solana spot ETFs in the U.S. recorded their largest daily outflow since their launch. In a single session, nearly 32.2 million dollars were withdrawn from these products, most of it from a single fund: the cryptocurrency ETF TSOL from 21Shares, which lost 41.79 million dollars.

This is not an isolated incident. TSOL has already been at the center of the other two waves of redemptions since October 28, with outflows of $13.55 million on December 1 and $8.10 million on November 26. In other words, each episode of distrust surrounding Solana ETFs has the same product at its epicenter.

$BTC
$ETH
$RAYSOL
#etfsolana

Cryptocurrency mergers and acquisitions explode in 2025, surpassing $8.6 billion

14:12 ▪ Reading time of 4 minutes

The cryptocurrency market may be going through a tough time, but transactions in this sector are not slowing down. This year, mergers and acquisitions have skyrocketed, demonstrating that companies are leaving behind short-term trends to focus on building stronger long-term operations.

In brief

Cryptocurrency mergers and acquisitions reached $8.6 billion in 133 deals in 2025, surpassing the totals of the previous four years combined.

Architect Partners estimates that the actual value of the transactions could be even higher, reaching $12.9 billion, representing a marked increase from last year's $2.8 billion.

Coinbase led the activity with six acquisitions, including the purchase of Deribit for $2.9 billion and other transactions that expanded its ecosystem.

Increase in cryptocurrency mergers and acquisitions

This year has seen an unprecedented wave of mergers and acquisitions, with deals exceeding $8.6 billion in 133 transactions in November. Favorable political conditions have fueled momentum in the cryptocurrency sector, allowing large companies to continue expanding even in a slowing market.

The figures shared by PitchBook show that the value of transactions in 2025 has already surpassed the total of the last four years combined. Architect Partners, using its own valuation methods, raises the figure even further to $12.9 billion, a significant increase from last year's $2.8 billion.

$pippin
$BONK
$TREE
#Criptomonedas

Gensler reaffirms the uniqueness of Bitcoin while other cryptotokens remain under scrutiny

15:30 ▪ 5 min read

Former SEC Chairman Gary Gensler reignited the debate over digital assets in an interview with Bloomberg, stating that Bitcoin stands out from the rest of the cryptocurrency market. He warned that most tokens remain speculative bets with little backing to their valuations, which has encouraged investors to be cautious.

In brief

Gensler claims that Bitcoin stands out and that most tokens rely on speculation without solid backing or clear economic support.

Stablecoins linked to the US dollar are considered the only assets with consistent support, raising doubts about other tokens.

The request submitted to Gensler included significant actions aimed at platforms accused of operating without registration.

He rejects any partisan approach, stating that oversight of cryptocurrencies focuses on fair markets and equal access for everyday investors.

Former SEC official highlights the persistent risks of tokens that are not Bitcoin

Gensler explained that Bitcoin functions more like a commodity, while most other cryptocurrencies still lack solid fundamentals or clear returns. He added that global enthusiasm around cryptocurrencies has often outpaced prudent analysis. Therefore, this leaves many buyers exposed when markets become volatile.

The former SEC director urged investors to consider what underpins the value of tokens other than Bitcoin. According to him, only a small group of stablecoins linked to the US dollar can claim clear backing.

$BTC
$SENTIS
$XRP
#Gensler

Fusaka is activated: Ethereum enters a new era

Thu Dec 04 2025 ▪ 4 min read

On December 3, 2025, Ethereum reached an important milestone with the activation of Fusaka, its most ambitious upgrade in years. With the promise of greater scalability, reduced fees, and an improved user experience, this technical evolution has generated excitement among investors and developers. Here we present an analysis of an event that could redefine the future of cryptocurrencies.

In brief

Fusaka is now active on Ethereum since December 3, successfully implemented to increase accumulation capacity by 8 and reduce transaction costs.

Fusaka's improvements include PeerDAS, a higher gas limit, and access key signatures, optimizing scalability and user experience.

Ethereum Fusaka could drive ETH adoption and influence its price, with expected impacts on Layer 2 and the crypto ecosystem.

Ethereum Fusaka is finally here: a retrospective look at a historic day

The Fusaka upgrade was successfully implemented on December 3, 2025, at 21:49 UTC, marking a turning point for Ethereum. After months of testing and anticipation, the crypto community followed its live activation on social media and through a live YouTube stream organized by the Vitalik Buterin team. Unlike previous upgrades, Fusaka was deployed in just 15 minutes, with no significant network disruptions, demonstrating the growing maturity of the ecosystem.

This update carries a symbolic name, Fusaka, which merges Fulu (consensus layer) and Osaka (execution layer), in tribute to Devcon 2025, held in Japan. Developers highlighted the importance of this step, which is part of Ethereum's long-term roadmap.

$FUN
$ETH
$UTK
#Fusaka

Solana: A key technical level defended thanks to USDC flows

While many watch Bitcoin and Ether, Solana is playing a much subtler role. The SOL cryptocurrency remains above $120, driven by a massive increase in liquidity and on-chain supply. However, trader demand remains surprisingly weak. And as long as this gap persists, Solana's structural advantage will not be fully reflected in its price.

In brief

Solana sees how its on-chain flows change, with a massive influx of USDC and a strong contraction in the supply of SOL.

Key levels of $120, $135, and $142 are now structuring the market, while demand for derivatives remains limited.

The resetting of PnL and the decrease in speculation indicate a reaccumulation zone, but the return of buyers will be essential to reactivate the trend.

A massive influx of stablecoins and a contracting supply of SOL cryptocurrencies

Binance is experiencing a decline in its cryptocurrency reserves, while stablecoin inflows reach record levels. Inflows of USDC have exceeded $2.120 billion, while more than $1.110 billion in SOL has left the platform. In other words, the liquidity of stablecoins increases just as the supply of SOL on the order books decreases. For a cryptocurrency, this type of setup reveals the first signs of a supply shortage: capital is accumulating anticipating the launch, while the number of tokens available for immediate sale decreases.

In this type of setup, stablecoins act as readily available ammunition. When USDC flows concentrate in an ecosystem like Solana, it usually indicates that institutional investors or whales are positioning themselves, but have not yet explicitly pressed the buy button.

$SOL
$USDC
$SOON
#solana

The Fed injects $13.5 billion: Will Bitcoin explode?

Mar 02 Dec 2025 ▪ 5 min read

Is the end of Bitcoin's four-year cycle approaching? This is the unexpected hypothesis put forward by Grayscale in a report published on Monday. According to the asset manager, the leading cryptocurrency could break its historical pattern as early as 2026, reaching new highs much sooner than usual. This significant challenge to a pillar of cryptocurrency analysis generates as much hope as questions in a constantly changing market.

In brief

Grayscale is challenging Bitcoin's historical four-year cycle, which is based on halving events.

According to the asset manager, Bitcoin could reach new highs as early as 2026, without following its usual pattern.

The outlook for interest rate cuts by the Fed and the advancement of cryptocurrency regulation in the United States reinforces the bullish scenario.

Meanwhile, the Fed injected $13.5 billion in liquidity, a record since the COVID crisis, which could boost risk assets.

Grayscale bets on breaking Bitcoin's historical cycle

In its latest report after formalizing its initial public offering application, the asset manager Grayscale questions a pillar of cryptocurrency analysis: Bitcoin's four-year cycle, traditionally aligned with halving events.

The company claims that this model could break next year, paving the way for an unprecedented bullish movement for 2026. "Although the outlook is uncertain, we believe that the four-year cycle thesis will prove incorrect and the asset's price could reach new highs next year," reads the report.

$BTC
$WILD
$PENDLE
#Fed

Bitcoin is falling: Why this week is crucial to close 2025

23:00 ▪ 5 min read

Bitcoin has just fallen below $84,000, a level that raises doubts among investors. This drop occurs in a tense economic climate, where selling pressures and macroeconomic uncertainties weigh significantly. This week seems decisive to determine whether 2025 will close in the red or green numbers.

In brief

Bitcoin fell below $84,000 at the beginning of December, under the effect of selling pressures and adverse macroeconomic winds.

The levels of $85,200 and $87,000 are critical: staying above them will determine whether the drop stabilizes or worsens to close 2025.

December could offer an opportunity to buy bitcoin if the market stabilizes, but caution remains necessary in the face of volatility.

Why is Bitcoin crashing below $84,000?

Bitcoin started December 2025 with a sharp drop to $84,000. This crash was partly due to selling pressure from institutional investors on Wall Street. In fact, since the opening of the U.S. markets, massive sales accelerated the drop, reducing available liquidity and amplifying price fluctuations. Investors, already nervous, reacted by liquidating their positions, which further aggravated the downward trend.

In Asia, macroeconomic obstacles played a key role. The rise in interest rates in Japan and geopolitical tensions reduced liquidity, creating an unfavorable environment for risk assets like Bitcoin. Cascade liquidations triggered by margin calls amplified the drop, transforming a correction into a deeper movement.

$BTC
$ETH
$BNB
#bitcoin

Cryptocurrencies: Tether accuses S&P of sowing unfounded doubts

7:00 PM ▪ 5 min read

The stability of the largest stablecoin in the market is in question. On November 29, S&P downgraded USDT's ability to maintain its parity with the dollar. Tether, through its CEO, Paolo Ardoino, denounces this analysis as biased and defends its figures. This confrontation between a key player in the cryptocurrency world and a major financial institution reignites the debate about the strength of reserves and trust in the ecosystem.

In brief

On November 29, S&P Global downgraded the ability of the stablecoin USDT to maintain its link to the dollar.

Tether, through its CEO Paolo Ardoino, denounces an incomplete analysis and defends the strength of its reserves.

Ardoino mentions $7 billion in excess capital and $500 million in monthly earnings from Treasury bonds.

This debate raises questions about transparency, the resilience of stablecoins, and the cryptocurrency market's dependence on USDT.

S&P downgrades USDT's rating, Tether responds with its figures

On November 29, S&P Global Ratings lowered the reliability rating of USDT, the stablecoin issued by Tether, to its lowest level.

The agency justifies this decision by citing Tether's exposure to assets deemed too volatile, particularly Bitcoin and gold, to guarantee absolute stability against the dollar. This rating immediately reignited a wave of criticism and doubts about the solidity of the Tether model, already under rigorous scrutiny by authorities and market participants.

$USDT
$USDC
$BTC
#TetherUpdate

Strategy will sell its Bitcoins under one condition

By 2025, Bitcoin will no longer be the marginal asset of the cyberpunks. It has become a cornerstone of the balance sheets of publicly traded companies, a treasury tool for institutional investors, and a financial lever for giants like Strategy. However, the recent announcement from its CEO serves as a harsh reminder of a tough reality: even the most fervent defenders of BTC could be forced to sell... as a last resort.

In Brief

Strategy will only sell its Bitcoins as a last resort: only if its monthly net asset value (mNAV) falls below 1, according to its CEO.

25% of the Bitcoin supply is in the hands of institutions and companies, while whales control 40% of the circulating supply.

If large companies sell their bitcoins, the market could collapse, threatening Satoshi Nakamoto's vision.

Strategy will not sell its bitcoins... except in cases of force majeure

Strategy, one of the largest institutional holders of Bitcoin with over 640,000 BTC, has reaffirmed its commitment to holding its assets. In a recent interview, Strategy's CEO, Phong Le, clarified that a sale would only be considered if the monthly net asset value (mNAV) fell below 1 and access to capital was exhausted. This measure is mathematically justified to protect the earnings per share of Bitcoin.

Strategy is confident in its ability to raise funds through stock issuance while its shares trade at a premium. Despite a market share of around 0.93% in November 2025, Strategy continues to buy Bitcoin, even accelerating its acquisitions. This strategy underscores a reality: selling BTC would be an admission of failure, but also an alarming signal for the market. However, this reassuring stance hides a broader question: what if other Bitcoin giants did the same?

$BTC
$ETH
#strategy

The SEC defends self-custody as ETFs change Bitcoin ownership

15:05 ▪ 4 min read

Self-custody and financial privacy have once again become the center of the debate on cryptocurrencies in the United States after SEC Commissioner Hester Peirce reaffirmed that they are fundamental individual rights. Her statements come in a context of regulatory uncertainty, the rapid adoption of ETFs, and a renewed interest in the foundational principles of Bitcoin.

In Brief

SEC officials describe self-custody as a fundamental right, while Congress delays the bill on the key structure of the cryptocurrency market until 2026.

Many Bitcoin holders are migrating to ETFs, attracted by in-kind creations with tax advantages and ease of management.

The growing adoption of ETFs is fueling the debate, with some arguing that abandoning self-custody undermines the original framework of Bitcoin.

PlanB's transition to ETFs reinforces concerns about the increasing reliance on third-party custody services.

Peirce advocates for self-custody

Peirce, who also oversees the SEC's cryptocurrency working group, stated on the podcast The Rollup that direct ownership of assets should never be questioned in a country founded on individual freedom. She argued that self-custody is a fundamental human right and expressed her astonishment at the fact that Americans are being encouraged to turn to intermediaries to protect their assets.

She also believes that confidentiality should be the norm in online financial activity, not behavior considered suspicious.

Her comments come as the Digital Asset Market Structure Clarification Act faces new delays.

$SEI
$ETHFI
$SUI
#SEC

Ethereum prepares for a significant upgrade: the gas limit could reach 180 million

5:00 PM ▪ 4 min read

Ethereum, one of the leading blockchain networks in the cryptocurrency world, is preparing a historic increase in its gas limit. Anthony Sassano, an influential figure in the ecosystem, claims that tripling this limit is the minimum. What impact will this have on users, developers, and the mass adoption of the cryptocurrency ETH?

In brief

Anthony Sassano and Ben Adams propose to increase Ethereum's gas limit to 180 million by 2026.

The evolution of the gas limit in Ethereum raises debates about the balance between increased performance and the risks of centralization.

If successful, the "Glamsterdam" upgrade could make ETH more attractive to investors, developers, and DeFi projects.

Anthony Sassano and the gas limit revolution in Ethereum

Anthony Sassano, an educator and Ethereum developer, is at the center of discussions about the evolution of the network. His proposal, co-authored with Ben Adams, aims to raise the gas limit to 180 million by 2026 as part of the "Glamsterdam" upgrade. This initiative is part of a broader effort to reduce transaction fees and improve scalability, a significant challenge for cryptocurrencies.

The gas limit determines the amount of work that can be contained in an Ethereum block. By increasing it, the network can process more transactions, making operations smoother and more economical. Sassano emphasizes that this increase is just a starting point. Developers could go much further, radically transforming the user experience.

The community reacts with enthusiasm but also with caution. Some fear greater centralization, while others see it as an opportunity for Ethereum to consolidate its dominance in the cryptocurrency world.

$ETH
$DEFI
$ETC
#Ethereum

After 18 days of anxiety, the cryptocurrency market sends a first reassuring signal

16:00 ▪ 4 min of reading

After 18 days in a zone of extreme fear, the cryptocurrency market shows a first sign of calm. The Crypto Fear and Greed Index is rising slightly, finally leaving its lowest level. This rebound occurs as November, traditionally favorable for Bitcoin, ends in uncertainty.

In brief

The Crypto Fear & Greed Index is finally coming out of the extreme fear zone after 18 consecutive days of panic in the market.

This change occurs in a paradoxical context: November is historically a bullish month for Bitcoin.

Several analysts point out that periods of extreme fear have often marked local lows for BTC.

Despite this improvement, recovery signals remain fragile according to social and technical indicators.

The Fear and Greed Index emerges from extreme fear: a shiver after 18 days of tension

On November 23, the Crypto Fear & Greed Index came out of the extreme fear zone for the first time in 18 consecutive days, reaching a score of 28.

This move to the fear zone marks a modest but significant change in market sentiment, which had been marked by persistent panic since November 10.

Throughout these eighteen days, several prominent voices from the crypto community have expressed their concern about the intensity of prevailing pessimism:

On November 15, analyst Matthew Hyland noted that the index was at "its most pronounced level of extreme fear for the entire cycle";

On November 23, Crypto Seth stated that "extreme fear is a euphemism," reflecting the psychological collapse of the market;

$BTC
$BNB
$SOL
#Criptomonedas

Ripple's stablecoin RLUSD surpasses $1.26 billion as its adoption accelerates

13:30 ▪ 4 min read

Ripple USD has reached an important milestone by surpassing one billion dollars in supply on Ethereum. This rapid growth has solidified RLUSD's position among the leading stablecoins, confirming sustained demand on exchange platforms, wallets, and payment services. For an asset less than a year old, this threshold represents a significant achievement for a dollar-pegged stablecoin.

In brief

The supply of RLUSD on Ethereum has reached $1.261 billion, marking a significant increase and consolidating its status among the leading stablecoins.

The daily volume exceeds 43 million dollars, a sign of regular use and growing confidence among traders on major platforms.

New listings, expanded wallet support, and controlled issuance are driving RLUSD's rise to prominence.

The approval obtained in Abu Dhabi now allows RLUSD to be used as loan collateral, reinforcing its real utility and regulatory positioning.

The rapid growth of RLUSD indicates increased competition in the stablecoin market.

The supply of RLUSD on Ethereum has reached 1.261 billion dollars, matching its current market capitalization. Launched about a year ago, this adoption rate shows that users are gradually integrating RLUSD into the Ethereum ecosystem.

On-chain data indicates that over 1.020 billion tokens have been minted and are active on the network, enhancing market liquidity and strengthening RLUSD's position in a sector historically dominated by USDT and USDC.

$RLC
$USDC
$USDT
#RLUSD

The cryptocurrency industry mobilizes: $3.2 million for the victims of the Hong Kong disaster

Fri, Nov 28, 2025 ▪ 5 min read

A devastating fire struck the Wang Fuk judicial complex in Hong Kong, claiming more than 128 lives and marking the deadliest tragedy in the city in 80 years. In response to this disaster, the cryptocurrency industry reacted swiftly and generously, donating more than $3 million to support the victims.

In brief

The cryptocurrency industry has raised $3.2 million to support the victims of the Hong Kong fire, the deadliest in 80 years.

Cryptocurrency donations offer speed, transparency, and global mobilization, reinforcing their position as a key tool in humanitarian aid.

Despite the advancements, risks persist (freezing of funds, misappropriation of funds), highlighting the importance of coordination with authorities and the traceability of donations.

Hong Kong: An unprecedented tragedy and an immediate crypto response

On November 25, 2025, a fire was declared in the Wang Fuk Court residential complex in Tai Po, Hong Kong. Within two days, the flames spread to seven skyscrapers, causing the deaths of at least 128 people. This event, described as the deadliest in 80 years, left hundreds of families homeless and in a desperate situation. In this tragic context, the cryptocurrency industry was one of the first to react. Justin Sun, founder of Tron Network, expressed his sorrow and promised a donation for relief efforts.

Bitget, one of the leading cryptocurrency exchanges, has allocated 12 million Hong Kong dollars, divided among three local organizations for:

Medical care;

Temporary housing;

Psychological support.

$WAN
$BITCOIN
$KOMA
#HongKong2024

XRP: Why are traders abandoning ship despite the price increase?

Fri, Nov 28, 2025 ▪ 4 min read

XRP has risen by 0.85% in 24 hours, trading at $2.22 this Friday, compared to $2.20 the previous day. However, daily volume is collapsing. This contrasting situation raises questions: is this increase sustainable or a signal of a slowdown in the cryptocurrency market?

In brief

XRP has risen by 0.85% in 24 hours, but its trading volume is plummeting by 31.87%, revealing a paradox.

The market capitalization of XRP reached $133.6 billion thanks to a 13.76% increase in 7 days, driven by ETFs.

Analysts are divided: some see it as a sign of market maturation, while others view it as a risk of correction if volume does not recover.

XRP rises by 13.76% in 7 days: what are the drivers behind this increase?

XRP gained 13.76% in a week, raising its market capitalization to $133,623,097,058.04. This performance is partly explained by technical developments: the breakout of the psychological resistance of $2.20 attracted opportunistic buyers. Indicators like the RSI and MACD, although mixed, show a slight improvement, supporting this momentum.

From a fundamental perspective, the growing adoption of Ripple solutions, such as ETFs and partnerships around the XRP Ledger, plays a key role. Institutional investors are beginning to take interest in this cryptocurrency, perceived as a stable asset in a volatile market. Finally, the macroeconomic context, marked by expectations of falling interest rates, favors riskier assets like XRP.

Cryptocurrencies: The volume of XRP is decreasing… Is this a warning sign for traders?

The trading volume of XRP fell to $2,688,684,811.77, a drop of 31.87%, which may seem alarming.

$XRP
$SOL
$COAI
#Xrp🔥🔥

The holders of BlackRock's Bitcoin ETF are smiling again

8:00 AM ▪ 4 min read

After months of volatility, the holders of BlackRock's Bitcoin ETF (IBIT) have finally regained profitability. With BTC surpassing $90,000, these investors have recovered the losses suffered in October 2025. This recovery occurs in a favorable macroeconomic context and with increasing institutional adoption.

In brief

BTC exceeds $90,000, allowing the holders of BlackRock's Bitcoin ETF (IBIT) to make profits.

BlackRock confirms its dominance with positive net flows in 2025, strengthening institutional investor confidence.

The increase in the value of Bitcoin occurs in a context of anticipation of a drop in interest rates, with an 85% chance of easing in December 2025.

Bitcoin has surpassed the symbolic mark of $90,000, allowing the holders of BlackRock's IBIT ETF to return to positive territory. According to Arkham, the fund has recorded an accumulated gain of $3.2 billion, erasing the accumulated losses since October 2025. At that time, investors had suffered combined losses of nearly $40 billion.

This surge marks a psychological turning point for institutional investors. In fact, Bitcoin, often perceived as a speculative asset, is gaining credibility thanks to structured products like ETFs. These instruments attract stable capital, reducing volatility and strengthening confidence.

The recovery of investors' gains in BlackRock's IBIT coincides with an improvement in capital inflows into Bitcoin ETFs. Following massive capital outflows in November, investors are returning, attracted by the prospect of sustained growth. This dynamic confirms the growing role of ETFs as drivers of Bitcoin adoption.

$BTC
$BIO
$ETC
#blaclrock

Strategy presents a new panic button weapon in response to the bitcoin crisis

20:00 ▪ 3 min of reading

Since the fall of Bitcoin, Strategy's approach has worried many. In response, the company has just introduced a new tool. This measure aims to reassure cryptocurrency investors and maintain its role as an institutional pillar. More details in the following paragraphs!

In brief

Strategy launches a BTC Rating to reassure the markets after the sharp decline of bitcoin.

The company claims to have a financial margin of 70 years, even if the price of bitcoin remains stagnant.

The strategy counterattacks with a BTC rating

The BTC rating is an indicator specifically designed by Strategy. Its goal is to reflect the strength of a company's debt following the recent turmoil in the Bitcoin market.

More explicitly, the BTC rating is based on the notional value of preferred shares. It shows that, even if Bitcoin falls to $74,000 (its average purchase price), Strategy maintains a debt-to-asset ratio of 5.9. If the price falls to $25,000, the ratio will remain at 2.

In both cases, liquidity would allow for dividend payments over 70 years. A projection that some consider ambitious, but credible in a flat market scenario.

This communication aims to dispel fears of a domino effect on the stocks of companies linked to digital assets, often referred to as DAT (Digital Asset Treasuries). The BTC Credit Dashboard, published by Strategy, centralizes this key data.

In addition to this BTC rating, another indicator draws attention: the mNAV (Market Net Asset Value). This index compares a company's value with the value of its investments in cryptocurrencies (especially in Bitcoin).

$BTC
$XRP
$BNB
#strategy

Strategy suspends its Bitcoin purchases and worries the markets

mar 25 nov 2025 ▪ 4 min read

While Bitcoin attempts to recover from its drop below $81,000, Strategy, one of the largest institutional accumulators of BTC, has chosen silence. For the first time in weeks, the company made no announcement on Monday regarding its weekly acquisitions. This unusual behavior raises many questions.

In brief

Strategy did not make Bitcoin purchases last week, breaking with its weekly routine.

The company's shares have fallen 67% from their peak of $543 and 38% over the last month.

The threat of exclusion from the MSCI indices looms over Strategy, with potential outflows of $11.6 billion.

The company still holds around 650,000 bitcoins, valued at $57.8 billion.

The strategy marks a historic pause in its Bitcoin accumulation

Lance Vitanza, an analyst at TD Cowen, revealed on Monday morning that Strategy had not issued shares under its initial public offering programs. The company, which usually starts each week with the announcement of its latest bitcoin acquisitions, has therefore taken an unusual pause.

This decision comes at a time when the price of its shares is dangerously close to its lowest level in 14 months.

The price of Strategy's shares was $179 on Friday, a 5% rebound. However, this increase does not hide the reality: a sharp drop of 67% from last year's peak of $543.

In just the last month, the stock has lost 38% of its value, closely following the downward trajectory of Bitcoin. The cryptocurrency, which reached an all-time high of $126,000 last month, is now trading around $88,000, after falling to $81,500 last week.

$BTC
$COMP
$DOGE
#strategy