Markets pushed lower, extending BTC’s 31D correction as macro uncertainty and DeFi contagion drove de-risking. Stablecoin data suggests liquidity stays in crypto, with capital sidelined until signals turn clearer.

#Binance Research's Weekly Commentary ⬇️
https://www.binance.com/en/research/analysis/weekly-market-commentary-2025-11-07/

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Ripple has successfully raised US$500 million in funding at a US$40 billion valuation, with the round led by Fortress and Citadel. This raise strategically strengthens its partnerships with financial institutions, enhancing collaboration to support the growth of its global product offerings. Over the past two years, Ripple has executed six acquisitions, including two valued at over US$1 billion, significantly expanding its capabilities in payments, custody, and stablecoins, as well as entering new sectors such as prime brokerage and treasury management. This strategic expansion positions the company as a leading global provider of crypto payment solutions for institutional clients.

2/ Bank Negara Malaysia has launched the Digital Asset Innovation Hub as part of its three-year initiative to advance the exploration of asset tokenization. This initiative positions Malaysia among the leading countries actively exploring blockchain-based financial infrastructure. One of the key use case is supply-chain finance, by streamlining trade financing processes through the use of digital assets. The initiative aims to onboard US$609 billion onto the blockchain over a three-year period.

3/ Google Finance has partnered with Kalshi and Polymarket to integrate event-based data into its platform. Google stated that integrating event contract platforms like Kalshi and Polymarket will enable its users to ask questions about future market events and leverage the wisdom of the crowds for insights. This move could enhance market sentiment analysis, as prediction contracts typically respond faster than traditional equities or bonds to political or macroeconomic signals. This provides traders with an early indication of changing market expectations, complemented with traditional economic indicators to make a better informed decision.

Stablecoins are crypto’s killer app and key to global adoption.

Explore the major players and emerging themes shaping the stablecoin landscape in our latest report.

Read here 🔽
https://www.binance.com/en/research/analysis/the-stablecoin-business

Mixed tape this week amid reopening headlines, and cracks in AI & labor data. Monitoring key liquidity catalysts: a >US$100B TGA release and potential CFTC approval for leveraged spot $BTC.

More via #Binance Research ⬇️
https://binance.com/en/research/analysis/weekly-market-commentary-2025-11-14/

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Uniswap has proposed a fee switch mechanism that allocates swap fees to facilitate the burning of UNI tokens and provide rewards to token holders. The proposal also includes burning 100 million UNI tokens, valued at approximately US$800 million, alongside restructuring the Foundation and reallocating personnel to Uniswap Labs. The plan would be to activate the fee switch on Uniswap v2 and v3 pools, which account for up to 95% of liquidity provider fees from Ethereum mainnet transactions before rolling it out to v4 and other blockchains at a later date. This move comes amid growing competition among DeFi trading platforms.

2/ Canary Capital’s XRP ETF attracted net inflows of US$245M on its first day of trading, outperforming the recently launched Bitwise Solana ETF. XRPC achieved a US$58M first day trading volume, marking it as the largest ETF launch of 2025. Meanwhile, the market is anticipating the launch of additional XRP ETFs in the coming weeks, following the initial appearance of their tickers on the DTCC.

3/ SoFi has launched cryptocurrency trading for retail customers through its banking app, becoming the first and only nationally chartered bank to offer in-app crypto trading. Despite the volatile markets, demand for trading digital assets has remained strong among its customers who prefer to buy, sell and hold their crypto with a licensed bank over a crypto exchange. SoFi also announced that it is on track to launch its own U.S. dollar-pegged stablecoin and plans to integrate cryptocurrency into its lending and infrastructure services.

The Era of Quantitative Tightening (QT) has ended.

What's Next:
1️⃣ TGA “liquidity slingshot” once spending resumes
2️⃣ “QE‑Lite” likely in early 2026

How to position for Bitcoin and risk assets, find out more 🔽
https://www.binance.com/en/research/analysis/the-end-of-qt-from-macro-headwind-to-tailwind/

Mixed macroeconomic signals fuel market uncertainty this week.

Nvidia & Google propel AI rally onward as Bitcoin sentiment flashes fear.

Stay informed with our full weekly commentary report⬇️
https://binance.com/en/research/analysis/weekly-market-commentary-2025-11-21

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Aave Labs has launched a high-yield, consumer-focused savings app offering up to 9% interest, complemented by insurance protection coverage of up to US$1 million. This new app aims to compete directly with traditional banks and fintech platforms by positioning itself as an alternative to savings accounts and money market funds. Interest will be generated directly through its decentralized lending protocol and accrued continuously.

2/ Ethereum introduces the Interop Layer, aiming to bridge L2 fragmentation and improve user experience across different networks. The system aims to eliminate the need for wallets and dApps to integrate with each Layer 2 separately, reducing engineering effort and reliance on third-party services. If successful, the EIL could unify fragmented rollups, allowing users and developers to interact with L2s as a single seamless network. The proposal seeks to enhance user control and reduce dependence on intermediaries, positioning itself to fundamentally transform transaction dynamics across Ethereum’s Layer 2 networks.

3/ Revolut taps on the Polygon Network for remittance services and stablecoin payments, expanding its blockchain capabilities within the app. This initiative aims to address high processing fees imposed by payment rails by routing transactions through Polygon’s network, thereby reducing transfer costs. Additionally, the app introduces direct Polygon token staking and enables card payments using cryptocurrency balances. Revolut’s move reflects a growing trend of financial platforms integrating blockchain technologies to enhance services by reducing costs, improving speed, and expanding access to global finance.

Crypto markets remain liquidity-driven. With liquidity funnels slowing across stablecoins, ETFs, and DATs in recent weeks, markets found relief as Dec rate-cut odds climbed to ~85%.

Stay ahead with this week’s market commentary from #Binance Research ⬇️
https://www.binance.com/en/research/analysis/weekly-market-commentary-2025-11-28/

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Texas becomes first U.S. state to acquire US$5M in Bitcoin for strategic reserve, through a purchase made via Blackrock’s IBIT ETF. While Texas plans to self-custody its Bitcoin in the future, the ETF structure offers a compliant and accessible entry point as the state finalizes its custody framework. An additional US$5 million has been allocated for future purchases. This purchase has the potential to pave the way for how public entities and states adopt crypto treasury strategies.

2/ Klarna announced the launch of a new USD stablecoin built on Stripe’s Tempo chain, it is currently in the testing phase and is expected to debut publicly in 2026. KlarnaUSD is designed to lower cross-border payment costs and disrupt traditional payment systems by leveraging Klarna’s extensive customer base alongside the scalable, cost-efficient infrastructure of blockchain technology. This initiative exemplifies the increasing adoption of digital assets by financial institutions and underscores the broader industry shift toward next-generation payment solutions.

3/ Binance Wallet introduces on-chain stock trading, via a partnership with Ondo Finance, allowing users to trade over 100 tokenized stocks and ETFs. On-chain stock trading offers investors enhanced opportunities by providing 24/7 access to tokenized equities, enabling real-time portfolio management and hedging beyond traditional market hours. Furthermore, blockchain technology ensures transaction transparency and auditability, fostering greater trust among users concerned with conventional brokerage opacity.

Market sentiment improved as a turnaround in macro liquidity offset policy-driven headwinds. The December FOMC will navigate in a data vacuum.

For a deeper understanding of key market highlights, read our latest weekly commentary ⬇️
https://www.binance.com/en/research/analysis/weekly-market-commentary-2025-12-05/

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Binance secured a comprehensive global license from the Abu Dhabi Global Market (ADGM). This establishes the UAE as a top-tier regulatory hub and provides a crucial compliance foundation for Binance.com's global operations.

2/ Prediction market Kalshi enters the mainstream through its partnership with CNBC to integrate real-time prediction market data into financial news. This marks the highest-profile legitimization of event contracts as an alternative, mainstream financial forecasting tool.

3/ Ethereum completed the Fusaka hard fork, deploying Peer Data Availability Sampling (PeerDAS). The upgrade significantly cuts Layer-2 (L2) transaction fees (estimated 40%-60% reduction) and enables the L2 ecosystem to target 100,000+ TPS.

Time to look at December's market insights!

Discover the current market landscape and key insights on:
🔸 Macro Liquidity
🔸 AI Market Rotation
🔸 ETF Flows
🔸 Digital Asset Treasuries
…and more.

Read here ⬇️
https://binance.com/en/research/analysis/monthly-market-insights-2025-12/

The Fed makes a "hawkish cut" as stagflation concerns begin to surface. Meanwhile, Abu Dhabi cements itself as a global crypto hub, and Ripple gains momentum with investment from Citadel.

Stay ahead with this week’s market commentary from #Binance Research ⬇️
https://binance.com/en/research/analysis/weekly-market-commentary-2025-12-12

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Pakistan signed an MoU with Binance to explore tokenizing up to $2 billion in sovereign bonds and T-bills. This landmark move marks a shift toward state-level Real-World Asset (RWA) adoption, aiming to enhance liquidity and attract international investors by establishing a regulated digital finance framework.

2/ Standard Chartered and Coinbase are deepening their partnership to deliver a full suite of institutional crypto services, including trading, custody, and prime brokerage. This collaboration is crucial for building compliant and secure infrastructure, accelerating the seamless integration of global bank capital into the digital asset market.

3/ Brazil's largest private bank, Itaú Asset Management, formally advises investors to allocate 1% to 3% of their portfolios to Bitcoin. Citing low correlation and risk diversification, this recommendation further legitimizes BTC as a strategic, long-term portfolio component alongside traditional assets.

Macro data point to a synchronized slowdown (Inflation Consumer, PMI goes down, Unemployment ticking above key levels), raising the question of whether markets shift from “bad news is good news” to pricing recession risk.

Find out more from #Binance Research ⬇️
https://www.binance.com/en/research/analysis/weekly-market-commentary-2025-12-19

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ DTCC partners with Digital Asset Holdings to tokenize custodied U.S. Treasury securities on the Canton Network. The collaboration aims to launch a minimum viable product in a controlled production environment by mid-2026, with plans to expand based on client demand.

2/ MetaMask introduced native Bitcoin support, expanding Bitcoin access to its users. This move builds on recent expansions, including support for Solana, perpetuals trading via Hyperliquid, and the rollout of Polymarket, strengthening MetaMask’s cross-chain functionality.

3/ Visa launches U.S. stablecoin settlement using USDC issued by Circle on Solana. This enables faster, seven-day fund transfers with enhanced operational resilience while maintaining existing consumer card experiences. Visa would also serve as a design partner and validator for Circle’s new Layer 1 blockchain, Arc, helping support on-chain commercial activity.

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Russia to officially recognize cryptocurrency as a currency asset and open market access to all investors. Under the proposed regulatory framework by the central bank, ordinary citizens are permitted to trade cryptocurrencies on regulated platforms with limits for non-qualified investors. This move supports wider use of Russian-issued digital financial assets and bolster crypto services offered by existing financial firms. Notably, Sberbank has piloted a loan secured by cryptocurrency collateral, marking a significant milestone in the country’s adoption of digital assets.

2/ U.S. House lawmakers introduce a draft on digital asset taxation for stablecoins and staking, aiming to eliminate compliance burdens on small daily transactions. The proposed bill seeks to exempt transactions under US$200 involving regulated, U.S. dollar-pegged stablecoins from capital gains taxes. Only stablecoins issued by permitted issuers under the GENIUS Act, maintaining a price within 1% of US$1.00 for 95% of trading days in the past year, qualify, excluding brokers and dealers. Additionally, taxpayers may defer taxation on mining and staking rewards for up to five years, after which they would be taxed as ordinary income at fair market value.

3/ Hong Kong proposes to open up crypto markets to insurers under stringent capital requirements. The Hong Kong Insurance Authority (HKIA) is proposing new regulations that would permit the city’s 158 authorized insurers to invest in digital assets. While this marks a cautious institutional embrace of crypto, the regulator maintains a conservative risk framework. Under the proposal, insurers must hold a one-to-one reserve for every dollar invested in crypto which serves as a protective buffer against the well-known volatility of digital assets.