Hyperliquid’s native token HYPE has extended its downtrend through November and December despite a brief 24.1% relief rally from $29.15 to $36.17. On the daily timeframe, the HYPE price chart continues to print lower highs and lower lows, confirming a firmly bearish market structure. Analysts also flag monthly HYPE unlocks of 10 million tokens as a potential source of future selling pressure, even though their full impact on Hyperliquid’s price dynamics is not yet clear.

Strategy Inc. (formerly MicroStrategy) has built a massive $56 billion Bitcoin treasury, holding over 641,000 BTC — nearly 3% of Bitcoin’s total supply — but this aggressive Bitcoin accumulation strategy is now blocking its path into the S&P 500 index. Fueled by $21 billion in equity, preferred stock, and convertible debt issued in 2025, the company transformed from a traditional software and analytics firm into a de facto leveraged Bitcoin investment vehicle.

Stablecoins are rapidly emerging as a serious competitor to traditional payment networks like Visa. Over the past month, the 30-day average stablecoin transaction volume has quietly surpassed Visa’s, signaling growing adoption of crypto payments and on-chain dollars.

On 17 November, a sharp bout of volatility in the crypto derivatives market triggered more than $70 million in combined Bitcoin and Ethereum liquidations, underscoring how quickly leverage can unwind in a risk‑on environment.

Grayscale has filed an S-1 with the SEC to list its Class A common stock on the New York Stock Exchange under the ticker GRAY, marking a major strategic shift from a private crypto asset manager to a publicly traded company. The firm currently manages about $35 billion across more than 40 crypto investment products, including spot Bitcoin and Ethereum ETFs.

A massive crypto whale is on the brink of a $190 million Bitcoin liquidation as BTC price surges to within just $357 (0.34%) of the position’s wipeout level at $104,017. According to Arkham Intelligence, the short was placed on Hyperliquid and is now threatened by today’s bullish momentum, with Bitcoin trading around $103,660 after rallying 2.34% from sub-$99,000 lows.

Bitcoin price prediction turned mixed after Galaxy Digital cut its 2025 BTC target to $120,000 from $185,000, citing leveraged liquidations, whale distribution of over 400,000 BTC, and tighter market liquidity. Despite the downgrade, Galaxy’s research head Alex Thorn framed this as part of Bitcoin’s “maturity era,” noting the broader bull market remains intact while BTC holds above the key psychological $100,000 level.

Bonk (BONK), the Solana-based meme coin, plunged through key support after a sharp sell-off, triggering a cascade of liquidations and pushing price into a high-volume demand region where seller exhaustion often emerges. Technicals cited in similar coverage point to deeply oversold momentum on lower timeframes, with RSI nearing exhaustion levels and price probing a critical psychological support band.

Chainlink (LINK) saw notable whale accumulation as three newly created wallets withdrew over 825,000 LINK—roughly $15 million—from Binance, signaling growing long-term conviction and reduced exchange sell pressure. This on-chain activity aligns with an uptick in network engagement and a steady rebound in market sentiment, historically associated with accumulation phases and early-stage recoveries.

Russia has overtaken all European markets in crypto adoption, recording $376.3 billion in received transactions from July 2024 to June 2025, per the Chainalysis 2025 Geography of Crypto Report. The surge is driven by institutional-scale flows, rapid DeFi expansion, and heavy use of stablecoins for cross-border settlement.

Solana’s memecoin Pudgy Penguins (PENGU) jumped 17% as the week kicked off, rebounding alongside a broader altcoin recovery. Despite the bounce, quarterly returns sit near -7% after a sharp drawdown. On the 3-hour chart, PENGU hovered around $0.026, with Bollinger Bands narrowing as volatility cooled, the MACD flipping bullish, and the Chaikin Money Flow (CMF) near 0.01.

Solana has overtaken Ethereum in daily decentralized exchange (DEX) trading volume, signaling a notable liquidity rotation in DeFi. Data shows Solana posted $5.84 billion in 24-hour DEX volume versus Ethereum’s $5.75 billion, with nearly $137 billion processed over the last 30 days. This jump underscores Solana’s rising market share in on-chain trading as its high-throughput infrastructure attracts high-frequency traders and automated market makers.

Bitcoin plunged after U.S. President Donald Trump announced 100% tariffs on China, with BTC briefly crashing to $102,000 on Binance perpetual futures and spot prices hitting $107,000 on Coinbase. The escalation—tied to China’s planned export controls on rare earth minerals critical for semiconductors—sparked fears of a broader trade war, recession risk, and a crypto market sell-off.

Pi Network’s PI price has crashed over 90% since its March debut, wiping out roughly $16–$18 billion in market cap as the token slid from about $2.79 to $0.26. The steep decline has reignited “rug pull” allegations from parts of the community, with commentators arguing that such a rapid drawdown erodes investor confidence and underscores fragile token economics.

VisionSys AI stock plunged as much as 57% after the company unveiled plans to build a Solana (SOL) treasury of up to $2 billion, initially targeting $500 million in SOL purchases and staking within six months via a partnership with Solana DeFi protocol Marinade Finance. Shares rebounded modestly intraday but remained sharply lower as investors weighed balance-sheet risk and execution questions around funding such a large crypto position.

Japanese loans provider MBK (TYO: 3121) announced it purchased approximately 17.6 BTC for around ¥300 million (~$2.04 million) and approved the buy at the board level. The firm framed Bitcoin as both a treasury hedge against yen depreciation and inflation and as a strategic asset it plans to use beyond investment purposes.

September’s crypto market rout wiped roughly $300 billion from total market capitalization, falling from about $4.2 trillion to $3.9 trillion as leverage cascades triggered forced liquidations across exchanges. Over $7.3 billion in positions were liquidated between Sept. 18–28, with a peak single-day wipeout of roughly $3.6 billion on Sept. 21 as thin weekend liquidity amplified selling pressure. Bitcoin slid from the $118,000 area to near $109,000, while Ethereum broke below

Ethereum price faces renewed downside pressure after a reported deposit by co-founder Jeffrey Wilcke to Kraken and simultaneous whale accumulation. Wilcke moved roughly $5.99 million in ETH to Kraken as ETH hovered near $3,950—often a precursor to selling—while 15 wallets, including Galaxy Digital, BitGo, and FalconX, bought 406,117 ETH (~$1.6 billion) during the dip.

Solana’s tokenized stocks ecosystem just surpassed $800 million in trading volume, flipping Ethereum’s share and capturing over 60% of a nearly $1.3 billion market. With faster, cheaper transactions and higher user activity, Solana [SOL] now leads the tokenized assets segment, while Gnosis logged ~$307M and Ethereum [ETH] trailed at ~$127M. This is a notable shift in market leadership within on-chain tokenized equities.

Bitcoin has lost a key support level following the Federal Reserve’s latest interest rate cut, sparking fears of a potential Bitcoin price retracement to $105,000. According to on-chain data, the critical $115,200 mark represents the cost basis for nearly 95% of Bitcoin’s circulating supply, making it a vital psychological and technical support area.