Crypto Investor Donates $12M to UK's Reform Party

Ethereum has shown resilience by reclaiming the $3,150 level, indicating a potential recovery after a period of significant selling pressure and market uncertainty. The Net Unrealized Profit/Loss (NUPL) for Ethereum is currently at 0.22, reflecting a balance between fear and optimism among investors.

XRP has reached a yearly high in on-chain velocity, indicating a surge in network activity as it rebounds to the $2.10 level amidst a recovering cryptocurrency market. This uptick in velocity, reported by CryptoOnchain, reflects increased economic activity and liquidity on the XRP Ledger, marking a significant moment for the cryptocurrency.

Shareholders at CEP's Extraordinary General Meeting have approved the merger with Twenty One Capital, which is backed by significant investments from Tether and SoftBank, positioning the firm to hold 42,000 BTC and prepare for its public debut on Nasdaq.

Bitcoin is showing signs of a potential relief bounce as analysts note stabilization factors, including extreme deleveraging, which could help the cryptocurrency maintain its ground and possibly rise further. The price has recently reclaimed significant levels, indicating a shift in market sentiment.

Tron has reached a significant milestone with its stablecoin market cap surpassing $80.2 billion following Tether's minting of 1 billion USDT on the Tron network. This achievement highlights Tron's resilience, as it has limited its losses to 24% during recent market downturns, outperforming many major altcoins.

Tether has significantly increased its gold reserves to 116 tons in Q3 2025, surpassing many national banks and positioning itself as a major player in the gold market. This accumulation reflects Tether's strategic move to bolster its asset base and enhance its financial stability.

S&P Global Ratings has downgraded Tether's USDT stablecoin to its lowest rating, citing concerns over its exposure to falling Bitcoin prices and governance issues. This downgrade raises alarms about the potential risk of Tether de-pegging from the US dollar, which could impact market confidence in the cryptocurrency sector.

Stable has announced its STABLE tokenomics design ahead of the mainnet launch scheduled for December 8, detailing the mechanisms of supply, vesting, and governance within its network. This development marks a significant step for the Bitfinex-backed layer 1 blockchain, which aims to facilitate fast settlement and stablecoin payments.