• Loss aversion is front and center. Bitcoin ETFs just watched $3.5B walk out the door in November, the second-largest monthly outflow ever. ETH ETFs bled an extra $1.44B. 

• U.S. debt is climbing at a pace nobody wants to acknowledge, $1T every 75 days, and risk assets are reacting. With liquidity tightening and volatility spiking, the cracks are showing before the headlines catch up.

• Bitcoin plunged as cascading liquidations ripped through leveraged positions, wiping out hundreds of millions in minutes. ETF outflows intensified the sell pressure, echoing November’s $2.2B BTC dump from BlackRock’s fund. Despite ETF outflows on BTC and ETH, BlackRock’s IBIT generates $245M yearly revenue. We don’t really know If it’s true but crypto ETF’s are the big revenue provider for Blackrock.

• Microstrategy even buy today…The company now holds 649,870 BTC, worth $57B at $87,500, backed by debt that’s over-collateralized 7×. Management says no sales are planned, while Saylor remains unwavering: “We hold or buy more, even at $1.”

Either this is the smarter or the dumbest move of the finance history…

• Solana remains a bright spot: HumidiFi captured 35% of all DEX volume with $38B monthly flow, while Circle minted $8B in USDC on Solana, signaling strong capital rotation.

• Zama launched a sealed-bid auction for 10% of supply at a $55M floor, using FHE encryption for transparent price discovery. Zama can do good if they catch the hype and listen to the community.

In those times of the market, it’s better to invest in yourself. Your skills and contribution to the market. Because when everyone leaves, they throw the biggest chances to market and  everyone wants to come back again…

I’m happy what I am building on Base right now. This is a good ecosystem to start. Highly suggest you stick to yourself for the sake of your investments. Thank you for reading. See you with better news!

• HumidiFi is launching its $WET token on Jupiter DTF with zero VC allocation, emphasizing transparency and community ownership. The platform processes nearly half of Solana’s spot DEX volume $31B in 30 days. The market is rewarding builders who deliver value without relying on outside funding.

• About this week : Monad Airdrop Reality Check. About 40% of airdrop recipients earned under $250, while the top 6% made over $2,500. Arthur Hayes exited within 48 hours, criticizing a system that favors VC exits.

• Prediction markets value OpenSea’s potential token between $1B and $3B FDV on day one. These expectations are fueled purely by narrative, not fundamentals. For your attention, $SEA will be the second sale of Coinbase.

• A major unlock of 9.92M HYPE ($351M) is approaching. The team already moved $90M from staking to spot markets, signaling active insider positioning. Short-term volatility is expected, offering tactical opportunities for traders.

• Crypto has finally emerged from 18 brutal days of extreme fear, signaling the first signs of market recovery. Orrrr not we don't know yet honestly...

• President Donald J. Trump issued a statement declaring all airspace above and around Venezuela “completely closed” to airlines, pilots, drug traffickers, and human traffickers. He called for full compliance with the directive, emphasizing the urgency of the matter.

• Grayscale filed for the first-ever Zcash ETF, marking a milestone for privacy assets. Monero (XMR) jumped 23% while the broader privacy sector dropped 40%. Capital is rotating aggressively toward assets with perceived regulatory clarity.

• The ZEC ETF filing creates a potential pricing gap, as ZEC lags behind XMR, which rallied 23%. If approval odds rise, ZEC could reprice upward. Traders are watching Kalshi for shifts in ETF prediction probabilities.

Okay. Those were the last news of this week. Andd for November. Thank you for reading. Hope to see you once again on December.

• Today is Black Friday. It’s usually seen as a bearish signal after Thanksgiving, but not this year. Bitcoin already experienced its drop earlier; last year it was $95,000 on Black Friday, while this year it stands at $91,000.

• South Korea’s largest crypto exchange Upbit was hacked, with over $30M in losses, mostly from the Solana ecosystem. The attacker is suspected to be Lazarus, North Korea’s well-known hacker group.

• After a network-wide vote, Ethereum validators approved raising the gas limit from 45M to 60M. On the same day, VanEck’s ETH ETN staked 12,600 ETH ($37.9M), making a significant contribution to Ethereum’s security and staking economy.

• Switzerland announced that, despite enacting the Crypto-Asset Reporting Framework (CARF) on January 1, it will delay international crypto tax information sharing until 2027.

• MegaETH announced that all funds from the Pre-Deposit Bridge will be refunded due to sloppy execution. Some investors see the decision as bold and responsible, while others are frustrated by the team’s frequent changes of direction.

• The Ethereum Foundation’s interest in privacy continues. Vitalik sent 128 ETH to SignalApp, Session, and SimpleX to support privacy tools, while Grayscale’s spot ZEC ETF filing signals growing institutional approval of privacy assets.

• According to CryptoQuant, whale inflows to Binance hit $7.5B over the past 30 days, marking a yearly high. Looking at ETFs, both BTC and altcoin markets continue to see strong weekly inflows.

Stock market is closed, so this is all from this month. November. The superior month with my birthday in the middle. Crypto never sleeps so I'll continue to write on the weekend. See you tomorrow. And hoping a better month, December.