13+ min ago (376+ words) MetaPlanet has executed a new 130 million dollar loan backed by its Bitcoin holdings." The company confirmed the drawdown through a formal notice dated November 25. It now has 230 million dollars borrowed under its 500 million dollar credit facility. The funds will support new Bitcoin purchases and expand revenue operations tied to Bitcoin. The latest drawdown follows the credit facility agreement disclosed on October 28." MetaPlanet stated in its letter that the lender remains undisclosed at the counterparty's request. The company secured the loan on November 21 at a rate tied to a reference USD benchmark plus a spread. The arrangement renews daily and can be repaid whenever the company chooses. The credit line is fully secured by the company's Bitcoin holdings. MetaPlanet noted that it held 30,823 BTC as of October 31, worth about 3.5 billion dollars." This balance provides substantial collateral coverage for the 130 million dollar…...

58+ min ago (327+ words) Solana exchange-traded funds have recorded 20 consecutive days of net inflows, amassing $567 million in total institutional capital. The streak marks the longest uninterrupted buying period since the products launched earlier this year." At publication, SOL trades at $136.02 with $5.5 billion in 24-hour volume, up 5.38% daily but down 1.16% weekly. Technical analysts warn that failure to hold $120 could trigger a drop toward $70. The latest trading session brought $57 million in fresh capital across four major issuers." Bitwise led with $39.5 million, followed by Fidelity at $9.7 million. Grayscale added $4.7 million while VanEck contributed $3.1 million to the daily total. No single fund recorded outflows on November 24, extending a pattern that began in early November. The consistent buying pressure comes as broader crypto markets benefit from Federal Reserve rate cut expectations." CryptosRus highlighted the significance of the unbroken inflow pattern in a November 24 post. The data suggests sustained conviction…...

1+ hour, 9+ min ago (511+ words) Galaxy Digital is exploring a new business opportunity in prediction markets. The crypto investment firm led by Mike Novogratz is in discussions with Polymarket and Kalshi about providing liquidity on their platforms. Novogratz told Bloomberg that Galaxy Digital is currently conducting small-scale experiments with market-making on prediction markets. The firm plans to expand and provide broader liquidity services on these platforms in the future. Prediction markets allow users to trade yes or no contracts on future events. The price of each contract reflects what the market believes is the probability of that outcome happening. Users can trade on politics, sports, economic data and cultural events. Polymarket and Kalshi are the two largest prediction market platforms. Together they have processed approximately $42.4 billion in total trading volume. The two platforms now account for roughly 97% of global prediction market volume. Galaxy Digital would…...

1+ hour, 14+ min ago (307+ words) The Chicago-based derivatives marketplace broke its previous record of 728,475 contracts set in August. The new record comes during a period of increased volatility in crypto markets. Giovanni Vicioso leads cryptocurrency products at CME Group. He said demand for regulated crypto risk management tools is growing. The exchange offers futures and options contracts for bitcoin, ether, solana, and XRP. Traders use these products to hedge against price changes or speculate without holding actual tokens. Year-to-date figures show strong growth in crypto derivatives trading. CME's average daily volume reached 270,900 contracts worth $12 billion in notional value. This represents a 132% increase from the same period in 2024. Open interest also grew across the platform. The number of outstanding contracts rose 82% year-over-year to 299,700 contracts. These contracts total $26.6 billion in notional value. Fourth quarter data shows similar patterns. Average daily volume reached 403,200 contracts valued at $14.2 billion. This…...

1+ hour, 18+ min ago (617+ words) Binance and its founder Changpeng Zhao are facing a federal lawsuit filed by families of Americans killed or injured in Hamas attacks. The complaint accuses the crypto exchange of facilitating over $1 billion in transactions for terrorist organizations. The lawsuit was filed Monday in federal court in North Dakota. It represents 306 American families affected by Hamas attacks, particularly the October 7, 2023 assault that killed over 1,200 people and took around 252 hostages. The plaintiffs claim Binance created a system between 2017 and 2023 that allowed users tied to Hamas and other designated terrorist groups to move funds through the exchange. The complaint states Binance "deliberately" and "consciously" enabled financial crimes on an "industrial scale." According to the filing, Binance relied on pooled wallets that commingled user assets. The exchange maintained limited records and used weak identity verification processes. These practices made it difficult to track who…...

1+ hour, 25+ min ago (447+ words) Strategy, the company formerly known as MicroStrategy and the largest public holder of Bitcoin, faces potential removal from major equity indices following a warning from JPMorgan. The stock has fallen to trade below $170 per share after dropping 69% from its record high of $543. JPMorgan analysts stated that MSCI is reviewing whether companies holding over 50% of their total assets in digital currencies should qualify for traditional equity indices. Strategy's balance sheet is heavily weighted with Bitcoin holdings, putting it at risk as the MSCI decision date of January 15th approaches. The analysts estimate that removal from the MSCI USA Index could result in approximately $2.8 billion in outflows. If other index providers adopt similar policies, the total outflows could reach as high as $8.8 billion. Bitcoin currently trades around $86,000, down more than 30% from its all-time highs. The broader crypto market has seen a $1 trillion decline…...

1+ hour, 30+ min ago (341+ words) Grayscale's new Dogecoin ETF opened below expectations on November 24. The fund recorded just $1.41 million in first-day trading volume on the NYSE Arca exchange. Bloomberg ETF analyst Eric Balchunas had predicted $10-12 million in opening day volume. The actual figure came in well under that forecast. The ETF launched with $1.71 million in net assets. It holds 11.1 million DOGE across 94,700 shares outstanding. GDOG represents the first spot Dogecoin exchange-traded product available to U.S. investors. Grayscale converted its private Dogecoin Trust into the new ETF structure. Coinbase Custody serves as the asset custodian. BNY handles administration for the fund. The ETF uses cash creation and redemption methods. Grayscale is waiving fees temporarily. Investors pay 0% for the first three months or until the fund reaches $1 billion in assets. After that period, the expense ratio rises to 0.35%. The DOGE per share value was set at 117.58 at launch....

1+ hour, 37+ min ago (473+ words) New Zealand will require all students from Years 1 through 10 to study financial literacy beginning in 2026. Education Minister Erica Stanford confirmed the subject will be part of the updated social sciences curriculum. Schools must implement the changes by 2027. The decision responds to data from the Retirement Commission showing only 25% of students currently receive financial education. Finance Minister Nicola Willis said the lack of knowledge has led to poor debt management among young adults. The existing programs do not align with national curriculum standards. The new curriculum follows a step-by-step learning structure across grade levels. Students in Years 1-5 will study earning, spending, saving, and bank account basics. They will learn the difference between needs and wants. Older students in Years 6-10 will study more complex topics. These include taxation, interest rates, budgeting, insurance, and investment concepts. The curriculum also covers digital payment systems…...

1+ hour, 49+ min ago (507+ words) Franklin Templeton launched its XRP ETF on Monday. The fund trades under the ticker XRPZ on the NYSE Arca exchange. The launch happened at the same time as Grayscale's XRP Trust ETF. Both products followed recent launches from Bitwise Asset Management and Canary Capital. XRP is the native token of the XRP Ledger. The open-source blockchain was developed by Ripple. The token increased by more than 8% over a 24-hour period. David Mann is the head of ETF product and capital markets at Franklin Templeton. He stated that XRPZ offers investors a regulated way to access the digital asset. NYSE Arca data showed 768,692 shares of the Franklin Templeton XRP ETF traded as of publication. Bitwise CEO Hunter Horsley reported that his company's XRP ETF had about $118 million in inflows during its first week. Franklin Templeton previously created a crypto index fund....

1+ hour, 54+ min ago (481+ words) Solana's native token recovered part of its recent losses on Monday but failed to hold above $140. The cryptocurrency gained 14% from its Friday low of $121.50, yet remains 30% down over the past month. This performance trails the broader altcoin market recovery. Traders are now evaluating whether the bounce can sustain momentum toward higher price targets. The derivatives market shows continued stress for SOL. Perpetual futures funding rates turned negative on Friday and have remained there through Monday. This means traders are paying to hold short positions that profit from price drops. Under normal market conditions, funding rates typically range between 6% and 12%. Aggregate futures open interest for SOL has dropped 27% over the past 30 days. This decline indicates reduced demand for leveraged trading positions. The premium on SOL monthly futures compared to spot prices has fallen to 0%. This reading signals highly bearish market conditions....