Publicly traded companies building digital asset treasuries are increasingly accepting in-kind token deposits instead of purchasing assets on open markets. The approach enables firms to raise capital while establishing valuations for illiquid tokens, but exposes equity investors to heightened volatility from newly launched, untested assets. This strategy diverges from established Bitcoin treasury models, which typically raise funds through conventional financing before acquiring liquid market positions.

The European Commission is proposing to transfer direct supervisory authority over all cryptocurrency companies in the EU to the European Securities and Markets Authority (ESMA). The move would replace the current Markets in Crypto-Assets (MiCA) framework, which relies on national regulators for authorization and oversight. Industry representatives have warned that reopening MiCA could introduce legal uncertainty and delay the authorization process.

VanEck submitted an 8-A form to the U.S. Securities and Exchange Commission this week, advancing preparations for its Solana spot ETF launch. Solana traded at $138.50 following an 11% daily decline. Existing Solana ETFs recorded net inflows for 13 consecutive sessions totaling approximately $369 million.

Zcash (ZEC) rose 4% to $564.90 on Nov. 14, 2025, while Bitcoin fell below $100,000 and the broader crypto market lost $300 billion in capitalization. The privacy-focused cryptocurrency ranks 14th by market cap at $9.2 billion. ZEC has gained over 1,360% year-to-date, making it the top performer among privacy coins.

ThorCHAIN's RUNE token is experiencing heightened market pressure following Binance's decision to delist its RUNE/USD Perpetual Contract. The exchange will automatically settle all open positions at 09:00 UTC on November 19, 2025, with new position creation blocked from 08:30 UTC that day. Technical indicators show sustained bearish momentum as the settlement date nears, with RUNE trading in oversold territory amid subdued volume.

Bitcoin fell to $94,500 on Thursday, its lowest level since May, after losing more than $12,000 from Monday's peak of $107,000. The decline followed a brief rally sparked by President Trump's government reopening announcement. Canary's XRP ETF launched on Thursday, surpassing previous first-day trading records set by SOL ETFs.

Ethereum declined 10% over 24 hours to trade around $3,100 per token amid broader cryptocurrency market weakness. Market participants realized over $500 million in profits and $100 million in losses since Sunday, data show. The price is nearing $2,900, the average acquisition cost for addresses holding 10,000 to 100,000 ETH.

Chainlink fell more than 10% to $14.08 during Friday's early US trading session as broader cryptocurrency markets faced selling pressure. The decline coincided with Bitcoin dropping below $96,000 to touch $95,860, according to CoinMarketCap data. LINK has lost 25% over the past 30 days, with market capitalization at $9.76 billion and 24-hour trading volume surging 43% to approximately $1.2 billion.