A Goldman Sachs survey conducted between November 12 and November 14 shows that institutional investors expect gold prices to reach $5,000 per ounce by the end of 2026. Among more than 900 institutional clients, 36% anticipate prices will surpass that level, while 33% project a range between $4,500 and $5,000. Gold has gained 58.6% year-to-date and crossed $4,000 per ounce for the first time on October 8.

BitMEX co-founder Arthur Hayes predicts equity price discovery will transition to crypto-style perpetual futures by the end of 2026. SGX in Singapore and CBOE in the U.S. plan to launch perpetual contracts by end-2025, while Coinbase listed a retail version earlier in 2025. Hayes says legacy derivatives exchanges are now adopting the perpetual model BitMEX pioneered in 2016 with 100x leverage.

The International Monetary Fund has warned that tokenized financial markets may experience heightened volatility as automation accelerates settlement processes. The institution highlighted potential flash-crash scenarios driven by instant execution mechanisms. Early modeling suggests asset-management costs could decline by up to 20%, though speed-driven efficiency may amplify systemic shocks during periods of market stress.

Binance will delist 12 cryptocurrency margin trading pairs on December 4 at 6:00 a.m. UTC. The affected pairs include WAXP/BTC, SXP/BTC, ONT/BTC, ID/BTC, ZRX/BTC, CHR/BTC, ENJ/BTC, ONG/BTC, POWR/BTC, AGLD/BTC, and UMA/BTC across Cross Margin and Isolated Margin platforms. The exchange will close user positions, perform automatic settlement, and cancel all pending orders during the delisting process.

South Korean cryptocurrency exchange Upbit identified a critical security flaw in its internal wallet system that could have allowed attackers to derive private keys from publicly visible blockchain transaction data. The vulnerability was discovered during an emergency audit following a $30 million theft on November 27. The exchange has not confirmed whether the flaw was directly exploited in the breach, but has committed to covering all customer losses using its own reserves.

South Korea's Financial Services Commission expanded its cryptocurrency travel rule to cover all virtual asset transactions on November 28, 2025, eliminating the previous 1 million won ($680) minimum threshold. The policy now requires identity verification and information sharing for every crypto transfer, regardless of amount. Virtual asset service providers must collect and share originator and beneficiary details for all transactions.

South Korean cryptocurrency exchange Upbit disclosed unauthorized withdrawals on the Solana network affecting $36 million worth of digital assets. The breach involved 24 tokens including SOL and USDC. Parent company Dunamu pledged complete customer reimbursement and froze assets totaling approximately 2.3 billion KRW while temporarily suspending withdrawals for affected tokens.

CME Group suspended trading on its Globex platform following a cooling system malfunction at CyrusOne data centers. The outage affected futures and options contracts across equities, commodities, and cryptocurrencies. Support teams worked to resolve the technical issue as trading remained halted.