GANA Payment, a decentralized payment platform on Binance Smart Chain, lost over $3.1 million in a security breach on November 20, 2025, at approximately 5:00 AM UTC. The attacker manipulated the project's smart contract to drain tokens, then laundered 1,140 BNB (approximately $1.04 million) and 346 ETH ($1.05 million) through Tornado Cash across BSC and Ethereum networks. The exploit caused GANA's token value to drop over 90%.

Bitcoin recorded over 29,000 transactions exceeding $1 million this week, marking potentially the most active whale activity of 2025. The surge occurred as BTC price declined to approximately $91,700. Data show 102,900 transfers above $100,000, according to Santiment.

Ethereum's leverage ratio on exchanges has recovered to 0.7 as of November 20, matching levels last seen before October 11. Binance accounts for the majority of this increase, with traders opening new positions near $3,000 despite total open interest remaining at $17 billion.

Large holders sold 190 million XRP within 48 hours, driving the token toward $2.11 and intensifying selling pressure, according to analyst Ali. Multiple spot XRP ETFs—including 21Shares' TOXR—have secured regulatory clearance and are set to begin trading. The timing of whale distribution ahead of institutional product launches creates conflicting signals for traders as the market awaits directional clarity.

RippleX Head of Engineering J. Ayo Akinyele and departing Ripple CTO David Schwartz have explored potential pathways for introducing native staking to the XRP Ledger. Both emphasized that such proposals remain exploratory and would require significant protocol modifications. The discussion follows increased XRP activity in decentralized finance applications and the recent approval of Canary's spot XRP ETF in the United States.

Cryptocurrency exchange Kraken has submitted a confidential Form S-1 to the US Securities and Exchange Commission for an initial public offering. The Wyoming-based platform secured $800 million in funding through two separate investment rounds, valuing the company at $20 billion.

Bitcoin fell to $88,000 on November 19, 2025, as traders lowered expectations for a December Federal Reserve rate cut. The cryptocurrency later recovered past $90,000 following Nvidia's stronger-than-expected Q3 earnings, which lifted sentiment across risk assets. The decline triggered $605 million in liquidations across derivatives markets within 24 hours.

BNB is trading at $906.22, down 6.2% over seven days and 15.15% in thirty days, while holding a critical support level. Real-world asset deployments on BNB Chain have surpassed $1 billion, led by Circle's USYC and tokenized treasury products from Franklin Templeton and Securitize, data show. The divergence between weakening retail sentiment and accelerating institutional activity creates a pivotal moment for the asset's 2025 trajectory.