BitMEX co-founder Arthur Hayes projects Bitcoin could reach $500,000 by the end of 2026, driven by anticipated quantitative easing policies. He identifies the November decline to $81,000 as the cycle's probable bottom rather than structural weakness. Hayes argues the strongest rally phase has not yet begun, contingent on Federal Reserve policy shifts including potential leadership changes.

Solana's stablecoin supply increased 10% over the past week, adding nearly $1.3 billion in liquidity and bringing the total to $14.33 billion, data show. The network recorded 11.1 million weekly active users compared to Ethereum's 2.6 million. Memecoin trading now represents just 5% of daily DEX volume, the lowest share in two months.

Binance's Bitcoin reserves have declined by $20 billion since mid-August, dropping from $71 billion to approximately $51 billion, data show. Tether holdings across TRC20 and ERC20 networks surged from $26 billion to over $50 billion during the same period, reaching an all-time high. Analysts view the shift as a bullish signal, indicating traders hold significant liquidity for potential market re-entry.

PEPE has fallen below a weekly support level, sparking debate over whether the move signals a breakdown or a liquidity trap. One analyst suggests the dip may clear selling pressure before a reversal, while another identifies early signs of consolidation near $0.00000120 to $0.00000240.

MicroStrategy was passed over for S&P 500 inclusion despite meeting eligibility criteria, with SanDisk selected instead for the index slot. MSTR shares fell 34 percent in November, marking the fifth consecutive monthly decline since July.

Ripple executive Reece Merrick links growing RLUSD demand to stablecoins' evolution from trading instruments to global payment infrastructure. On-chain stablecoin transfers have expanded from $0.5 trillion in 2020 to a projected $46 trillion in 2025, exceeding the combined settled volume of Visa and Mastercard. The executive cited B2B settlements, merchant adoption, and cross-border remittances as key drivers, with the sector growing approximately 150% annually.

Asset manager 21Shares has received regulatory clearance to launch its U.S. spot XRP exchange-traded fund, with trading set to begin December 1 under ticker TOXR on Cboe BZX Exchange. The approval comes as existing XRP ETF products recorded $666 million in net inflows over the past month with no outflow days.

Bitcoin deposits to exchanges reached 9,000 BTC on November 21, with the average deposit size climbing to 1.23 BTC—the highest in 12 months, according to CryptoQuant. Large holders contributed 45% of total inflows, with deposits of 100 BTC or more driving the increase. Ethereum deposits also rose, averaging 41.7 ETH, a three-year high, as both cryptocurrencies face selling pressure.