SOL and XRP ETFs have attracted nearly $900 million in combined inflows, 
highlighting rare investor conviction amid an ongoing market rout.

ETF altseason? Solana, XRP ETFs defy broader crypto sell-offs

Coinbase&#8217;s acquisition of Vector could significantly boost its market position 
by enhancing trading capabilities and expanding asset access.
The post Coinbase announces acquisition of Solana meme coin app Vector 
appeared first on Crypto Briefing.

Coinbase announces acquisition of Solana meme coin app Vector

As pension funds evaluate Bitcoin’s scarcity, resilience and inflation 
behavior, a core question emerges: Can BTC become a true institutional store 
of value?

Can Bitcoin really be a store of value? What pension funds are starting to discover

With Bitcoin trading around $85,000, Jeff Park, Partner and CIO at ProCap BTC, 
used his Nov. 20 conversation with Anthony Pompliano to argue that the drop 
may be valuable for reasons that have little to do with short-term “dip 
buying” and everything to do with narrative regime change. His central claim 
is that the classic halving-anchored rhythm is losing its foundation. Why The 
Bitcoin Crash Is Necessary “The four year cycle is almost definitively over,” 
Park said, because what it was “based off of historically, which is the 
halving, is just irrelevant from the additional marginal demand that comes 
from other channels that have opened up.” In his framing, the market is being 
pulled into a different cadence: “logically and fundamentally the four-year 
cycle should no longer exist and a new cycle should emerge that is more in 
sync with institutional risk capital appetite.” Related Reading: Is The 
Bitcoin Bottom In? Fidelity Research Lead Weighs The Odds Park is careful not 
to treat that as a clean break, because beliefs still move prices. He stressed 
that a large legacy cohort continues to trade as if the four-year script is 
real. “There is still a big group of investors that believe it should exist,” 
he said, describing them as early adopters with “characteristics that almost 
feel like the occult where they have prophecies.” The key, in his view, is 
their supply control: “the biggest Bitcoin holders in wallets that are 10,000 
[BTC] and plus in size still control a good chunk of the market […] they are 
still a third of the Bitcoin market.” That concentration makes the cycle 
potentially reflexive: “if a third of the Bitcoin holders believe the four- 
year cycle is true and they act like the four-year cycle is true, well then it 
doesn’t really matter because they’re the price setters […] these things can 
be self-fulfilling.” From there, Park pivots to why weakness into year-end 
could be constructive. He noted that Bitcoin is now “below year to date […] in 
2025,” raising the prospect of a red close. In a deliberately sharp line, he 
joked that if 2025 ends negative, “that breaks the four-year cycle because now 
we have a red [yearly candle] and so it’s a three-year cycle.” Related 
Reading: Why Bitwise Thinks Bitcoin Still Hits $200,000 In 2026 The humor 
masks a strategic preference: “maybe we do need this red [candle] right now so 
we could have the ability to unleash the super cycle for Bitcoin to come 
without ever having to talk about the four-year cycle again.” Park framed a 
marginally green close as the worst of both worlds. “The last thing I want 
honestly is […] an up 5% year to 2025 where we close at like $98K or $99K or 
$100K and that counts as a green year,” he said, because then “the next year 
everyone’s going to talk about […] this is the down year now,” leaving 2026 
under the “harrowing weight over your head that we’re actually going to have 
another down year.” Pompliano pressed the obvious counter-scenario: “Is there 
a world where it could just kind of rip right back […] and go to $140,000 or 
something?” Park didn’t rule it out. “It’s absolutely possible. Anything can 
happen,” he replied. But he summarized the trade-off starkly: “we either have 
to hope for […] that it either goes up a lot to make the year count or we just 
try to notch in a small loss here for the year so we can just wipe out the 
four-year cycle altogether.” For Park, Bitcoin at $85,000 is “good news” only 
insofar as it increases the odds of breaking a self-reinforcing calendar myth, 
clearing the way for a market driven less by halving folklore and more by 
institutional risk cycles. At press time, BTC traded at $84,469. Featured 
image created with DALL.E, chart from TradingView.com

Why The Bitcoin Crash To $85,000 Is Actually Good News: Jeff Park

BlackRock&#8217;s significant crypto deposits into Coinbase Prime highlight the 
growing integration of digital assets in traditional finance strategies.
The post BlackRock deposits $348M in Bitcoin and $117M in Ethereum into 
Coinbase Prime appeared first on Crypto Briefing.

Cryptocurrency price in THB