CoinShares withdraws SEC filing for staked Solana ETF

Upbit, South Korea's largest cryptocurrency exchange, has announced a restart date of December 1 for digital asset deposits and withdrawals following a significant hack that resulted in a loss of approximately $37 million, primarily affecting Solana-based assets. The exchange has deleted all existing deposit addresses as part of its security measures.

The Layer 1 blockchain Monad has recently launched, achieving an 80% surge in its native token MON, reaching an all-time high of $0.048. However, BitMEX co-founder Arthur Hayes has expressed skepticism, predicting a potential 99% crash in its value due to its perceived lack of real use cases and vulnerability as a 'VC coin'.

The launch of Grayscale's spot Dogecoin ETF on November 24, 2025, was met with disappointing trading volumes, reaching approximately $1.4 million on its first day, significantly lower than analysts' expectations. This muted response reflects a lack of enthusiasm in the market despite the anticipation surrounding the first-ever Dogecoin ETF.

Nasdaq's head of digital assets strategy, Matt Savarese, announced the exchange's readiness to address any inquiries from the SEC regarding its proposal for tokenized stocks, emphasizing a commitment to expedite the process.

Solana's price momentum is compressing as it approaches two critical decision points, indicating a significant period ahead for the cryptocurrency. Analysts suggest that SOL has completed its upward wave, signaling a potential deeper corrective phase, with targets set between $49.26 and $32.03 based on Fibonacci retracement levels.

Hester Peirce, a commissioner at the U.S. Securities and Exchange Commission (SEC), emphasized that self-custody of assets and financial privacy are fundamental rights aligned with the principles of freedom upon which the U.S. was founded. This statement underscores the importance of individual control over digital assets in the evolving cryptocurrency landscape.

Hester Peirce, a commissioner at the U.S. Securities and Exchange Commission (SEC), has asserted that self-custody of assets and financial privacy are fundamental rights that align with the foundational principles of freedom in the United States. This statement underscores the importance of individual control over financial assets in the evolving cryptocurrency landscape.

Arthur Hayes, co-founder of BitMEX, has stated that most Layer 1 (L1) cryptocurrencies outside of Ethereum and Solana are likely to decline significantly, potentially heading towards zero. This assertion highlights concerns about the sustainability and viability of numerous blockchain projects in the current market landscape.