Crypto

In an exclusive interview, OKX’s Roy van Krimpen discusses the fundamental shift in the crypto market, where institutional players are now driving adoption. He explains how clearer European regulations, like MiCA, are giving banks and large corporations the confidence to enter the space, marking a new, more mature phase for digital assets.

Dogecoin’s price has dropped 7.5% following disappointing inflows into newly launched DOGE ETFs from Bitwise and Grayscale. The memecoin is also facing broader market headwinds, with the Crypto Fear and Greed Index signaling ‘Extreme Fear’ and key support levels being broken.

XRP has fallen approximately 7% to around $2 amid a broader crypto market decline, with technical factors and ‘sell the news’ sentiment exacerbating the drop.

This week’s most-read articles on our platform focused on in-depth analysis rather than hype, covering the impact of U.S. bond yields on Bitcoin, the surge in XRP and DOGE ahead of new ETF launches, and record inflows into crypto exchanges.

Bitwise has updated its SEC filing for an Avalanche ETF, introducing a unique staking feature that could generate yield for investors. This move sets it apart from competing proposals by VanEck and Grayscale, intensifying the race to launch the first AVAX ETF in the U.S.

Ethereum has dropped over 32% in three months, and despite a recent bounce, key indicators like the RSI show bearish divergence. Long-term holders are also offloading hundreds of thousands of ETH, suggesting the recovery may be weak and further downside is possible.

Fluid, a rebranded DeFi platform formerly known as Instadapp, has launched its new FLUID token. The project aims to optimize capital efficiency in DeFi through its Vaults, lending services, and DEX, and is now listed on the Bitvavo exchange.

Bybit’s crypto debit card offers up to 12% cashback on purchases during Black Friday Week, with rewards paid in Bitcoin, XRP, or other cryptocurrencies.

Ethereum is rolling out its ‘Fusaka’ hard fork on December 3, aiming to boost scalability and lower transaction fees. Analysts are bullish on the update’s potential impact on ETH’s price, citing historical gains from past upgrades.

Bitcoin and the broader crypto market are down today, but investors remain hopeful for a year-end rally. The Fear & Greed Index shows fear, but sentiment has improved.