XRP-related social activity reached 29.19k mentions and 12.95 million interactions in the latest period, while the Galaxy Score settled around 62, data show. The surge coincided with the launch of several XRP exchange-traded products in the United States, including offerings from Bitwise and Grayscale.

Bitcoin trading around $88,000 has intensified focus on Strategy's cost basis after the firm acquired over 8,000 BTC between November 10 and November 16 at an average of approximately $102,000 for that batch. Prolonged trading below recent purchase levels raises questions about the company's balance sheet flexibility and future funding capacity. Strategy's reliance on equity issuance for Bitcoin purchases links its operational scope directly to market sentiment in both crypto and equity markets.

U.S. authorities conducted a multi-month investigation into Bitcoin mining hardware manufactured by China-based Bitmain over potential national security threats, according to a Bloomberg report published November 21. The inquiry, designated "Operation Red Sunset," involved the Department of Homeland Security and the National Security Council. Federal assessments identified concerns that the equipment could be exploited for surveillance or infrastructure disruption, while Bitmain denied any capability for remote operation.

Coinbase filed with the U.S. Securities and Exchange Commission on November 12 to reincorporate in Texas, according to the filing. The company named Foley & Lardner LLP as Texas counsel. Partners Christopher Babcock and Christopher Converse cited the state's specialized Business Court, predictable corporate governance rules, and optional derivative litigation thresholds capped at 3% ownership as key advantages.

Bitcoin dropped to $94,755 in the past 24 hours before recovering toward $96,000. The decline follows nearly $1.0 billion in net outflows from Bitcoin-focused investment products during the week ending November 3, according to fund data. The price action marks a retreat from early-November highs near $110,000.

Social engagement metrics for XRP have risen sharply in recent days, data show. The uptick coincides with Canary Capital's submission of a Form 8-A to the U.S. SEC, a registration step preceding potential Nasdaq listing. XRP traded near $2.35 as discussion volume increased across multiple platforms.

Filecoin, Artificial Superintelligence Alliance's FET, and Near Protocol posted strong advances on Friday despite cautious market sentiment. The Fear and Greed Index remained around 21, reflecting limited risk appetite even as these tokens rallied on AI infrastructure narratives and ecosystem developments.

Bitcoin dropped below $100,000 for the first time since June as total cryptocurrency market capitalization declined to approximately $3.45 trillion. The Fear and Greed Index fell to 20 while liquidations exceeded $2 billion in a single day. Ethereum traded below $3,100 amid broader deleveraging across digital assets.

The Ethereum Foundation's Ecosystem Support Program unveiled a restructured grants framework on November 3, 2025. The initiative replaces open applications with two targeted funding pathways—Wishlist and Requests for Proposals—designed to align support with ecosystem priorities and strategic needs, according to a post by the ESP team.