AVAX Reclaims Top 20 Spot as Securitize Chooses Avalanche for EU Securities Platform

Nasdaq has proposed to increase the options trading limit for BlackRock's iShares Bitcoin Trust (IBIT) from 250,000 to 1 million contracts, aiming to align IBIT with the largest and most liquid ETFs in traditional markets. This proposal has been submitted to the US Securities and Exchange Commission for approval.

Hedera's HBAR token has been reinstated to the Coinbase 50 Index, marking its return to the KraneShares Coinbase 50 ETF and COIN50 perpetuals as trading volume and price show signs of recovery above resistance levels. This reinstatement follows a period of volatility and price fluctuations for HBAR.

BlackRock Bitcoin ETF investors have returned to profitability as Bitcoin's price has reclaimed the $90,000 mark, indicating a potential recovery in the cryptocurrency market. This resurgence follows a period of volatility and low investor confidence, suggesting a renewed interest in Bitcoin as it approaches its all-time highs from 2025.

The presale of $PEPENODE has gained traction as Nasdaq's proposal to increase the options trading limit for BlackRock's Bitcoin ETF to one million contracts signals a significant uptick in institutional interest in cryptocurrency derivatives. This development is expected to enhance liquidity and market efficiency.

The cryptocurrency market experienced a notable rebound on November 27, with Bitcoin's price rising sharply above $90,000 after hitting a recent low, while Ethereum (ETH) surpassed the $3,000 mark. This resurgence follows two consecutive days of positive ETF flow data, particularly from major players like BlackRock.

JPMorgan has filed to issue Bitcoin-backed structured notes linked to BlackRock’s IBIT ETF, which will offer up to 1.5x leveraged returns and conditional principal protection for institutional investors. This move signifies JPMorgan's deepening involvement in the cryptocurrency market, particularly as institutional interest in Bitcoin continues to grow.

Nasdaq is seeking to increase the options trading limits for BlackRock's Bitcoin ETF, the iShares Bitcoin Trust (IBIT), from 250,000 to 1 million contracts. This proposal reflects a growing confidence in the Bitcoin market as it indicates a shift towards more significant institutional engagement and trading activity.

Securitize has received full approval from the European Union to operate a regulated tokenized trading and settlement system on the Avalanche blockchain, becoming one of the first firms to do so under the EU’s DLT Pilot Regime. This approval allows Securitize to facilitate the issuance and trading of tokenized assets across both U.S. and EU markets.