Monday Top Crypto News
In one short thread…
From November 17 to November and 21 last week, Bitcoin spot ETFs saw a net outflow of $1.22 billion for the week, marking the fourth consecutive week of outflows.
Ethereum spot ETFs had a net outflow of $500 million for the week, continuing three weeks of outflows.
SOL spot ETFs experienced a net inflow of $128 million for the week, maintaining four consecutive weeks of inflows.
JPMorgan has closed Strike CEO Jack Mallers' accounts, citing "concerning activity," but refuses to provide details.
The closure comes despite Trump's August executive order explicitly prohibiting the debanking of crypto-related initiatives.
According to Reuters, the Department of Government Efficiency (DOGE) established by U.S. President Donald Trump has been disbanded ahead of schedule, with eight months remaining before its original mandate expired…
Office of Personnel Management Director Scott Kupor said in an interview that “it doesn’t exist,” adding that the agency is no longer a “centralized entity.”
This marks the first public confirmation from the Trump administration that DOGE has ended.
According to Coingecko, in the next 7 days there will be one-time large token unlocks (amounts over $5 million) for HYPE, XPL, JUP, KMNO, OP, ZORA, H, and SAHARA.
Meanwhile, linear large token unlocks (daily unlocks over $1 million) are scheduled for SOL, TRUMP, WLD, DOGE, ASTER, AVAX, TAO, ZEC, and ETHFI, with the total unlocked value exceeding $566 million.
Crypto majors trade at the following levels
BTC 86,850 (up 1.1% in 24 hours)
ETH 2,830 (up 0.9%)
XRP 2.068 (up 1.4%)
SOL 131.00 (up 1.3%)
Have a great day!
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