The small nation’s Ether staking adds to its expanding blockchain activity as 
it remains one of the few governments holding Bitcoin.

Bhutan stakes $970K ETH via Figment in validator push

The exchange quietly filed a request with the U.S. Securities and Exchange 
Commission (SEC) that experts say will be a game-changer if approved. While 
America Ate Turkey, Nasdaq Placed a Bold Bet on Bitcoin Bitcoin slowly crept 
up to $92,000 on Thanksgiving Day, but few understood why. Just a day before, 
on the eve of […]

Nasdaq’s Bold Bitcoin Bet on the Eve of Thanksgiving That No One Noticed

XRP is under intense selling pressure as the broader crypto market enters a 
decisive stage marked by fear, uncertainty, and a rapid shift in investor 
sentiment. With Bitcoin struggling to recover and altcoins posting steep 
losses, many analysts are warning that XRP could face a continued decline in 
the coming days. Investors are bracing for more volatility as liquidity thins 
and market confidence weakens. Related Reading: Major Bitcoin LTH Sell-Off 
Signals Cycle Exhaustion as Supply Drops to 13.6M BTC Yet, despite the bearish 
narrative, the XRP ecosystem has shown unusual levels of activity—particularly 
on the institutional front. The arrival of the first US spot XRP ETFs has 
reshaped its market profile. Canary Capital was the first to launch on 
November 13, soon followed by Franklin Templeton, Bitwise, and Grayscale. In a 
matter of days, XRP transitioned from a conventional crypto asset to one 
accessible through regulated institutional vehicles, potentially shifting its 
long-term demand dynamics. This new backdrop makes one ongoing trend on 
Binance even more striking. Since October, XRP reserves on the exchange have 
been falling sharply. Current data shows reserves have dropped to roughly 2.7 
billion XRP, one of the lowest levels ever recorded on the platform. Such 
consistent outflows signal rising demand for self-custody—an important metric 
as XRP navigates this critical market phase. XRP Exchange Outflows Signal 
Strengthening Long-Term Demand According to a new CryptoQuant report by 
analyst Darkfost, XRP is experiencing one of its most notable exchange outflow 
trends in years. Since October 6, roughly 300 million XRP have left Binance 
alone—a figure far too large and too consistent to dismiss as simple internal 
reshuffling. While a small portion of these transfers may be operational 
movements by the exchange, the broader pattern is unmistakable: investors are 
steadily withdrawing XRP from trading platforms. This behavior is typically 
interpreted as a bullish long-term signal. Day after day, the decline in 
exchange reserves continues, suggesting that buyers are choosing to move their 
XRP into private wallets rather than leaving them on exchanges for trading or 
short-term speculation. Historically, large-scale withdrawals reflect strong 
conviction, as holders position themselves for longer-term appreciation rather 
than immediate selling. The supply dynamics created by this trend are 
significant. With fewer tokens available on exchanges, liquidity tightens. 
When combined with the rising institutional interest brought by newly launched 
U.S. spot ETFs, this creates the potential foundation for a powerful shift in 
momentum. If exchange reserves continue dropping at the current pace, XRP 
could enter a more structured phase of accumulation—one driven not by hype, 
but by growing confidence from both retail and institutional participants. 
Related Reading: Ethereum ICO Whale Sells 20,000 ETH ($58M), Raising Questions 
Over Market Timing XRP Attempts to Stabilize but Remains Under Strong Selling 
Pressure XRP’s recent price action on the 3D chart shows an asset trying to 
stabilize, yet still struggling against a clearly bearish backdrop. After 
weeks of decline, XRP found temporary support near the $2 psychological zone, 
where buyers briefly stepped in to prevent a deeper breakdown. This area 
aligns closely with the 200-day moving average (red line), which has acted as 
a final line of defense during multiple market cycles. Despite the small 
rebound, XRP continues to trade well below the 50-day and 100-day moving 
averages, both of which are now sloping downward and reinforcing the broader 
bearish trend. The inability to reclaim the $2.40–$2.50 zone — an important 
previous support turned resistance — suggests that sellers still dominate the 
market structure. Volume also remains muted compared to earlier phases of the 
cycle, indicating that strong conviction buying has not yet returned. Related 
Reading: Bitcoin Short Squeeze Flushes Out Late Longers as Funding Turns 
Negative: Classic Capitulation Signal The wick-down capitulation move seen 
earlier in the month reflects aggressive liquidation, followed by a rapid 
recovery. While this type of price action can sometimes precede short-term 
relief rallies, the overall pattern still leans bearish unless XRP can break 
above key moving averages. Featured image from ChatGPT, chart from 
TradingView.com

XRP Reserves On Binance Collapse To Record Lows: Investors Move Toward Long-Term Holding

Bitcoin has recovered above a key resistance level following several days of 
selling pressure, though institutional selling from investors continues.

Bitcoin bounces back, but institutional selling lingers amid ETF outflows

The financial services giant has filed with the US Securities and Exchange 
Commission to launch a leveraged BTC financial product.

Cryptocurrency price in NZD