Crypto
crypto
Jamie Wilde

Crypto enters a new regulatory era

On the campaign trail, Donald Trump promised to make the US “the crypto capital of the planet.” So it’s no wonder everyone from everyday investors to the Winklevoss twins are celebrating Trump’s win, as bitcoin flirts with a new all-time high of $77,000.

One reason everyone’s celebrating: the former and future POTUS said he’ll fire SEC chief Gary Gensler as soon as day one. Gensler’s led a wide-scale crackdown on crypto. Under his guidance, the SEC sent a flurry of Wells notices to crypto’s biggest players, including Coinbase, Kraken, and Binance. 

The SEC’s investigations led to countersuits, fines, and in some cases, convictions. Coinbase’s top chief legal officer said he expects the SEC under Trump to “take a fresh look” at its crypto caseload.

Meanwhile pro-crypto super PAC Fairshake and related orgs poured hundreds of millions into congressional races. An estimated 253 pro-crypto politicians were elected to the House and 16 to the Senate. Coinbase called it “the most pro-crypto Congress in history,” as the industry looks to change how it’s regulated from the inside.

Because if you can’t beat ’em, join ’em.

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Bitcoin’s bloodbath slowed by Fed optimism, but as Citi analysts put it, crypto is “having a bit of a meltdown”

Bitcoin ETFs have seen $1.45 billion leave the funds this week so far.

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Ethereum falls below a critical level

The last time ethereum was below $3,000 was in July 2025, after a number of corporate firms had begun to roll out their ethereum treasury strategies.

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Bitcoin on its way to worst Q4 since 2018 as analysts see key signal for “bitcoin bear market”

The Crypto Fear & Greed Index is seeing “the longest Extreme Fear streak since the FTX collapse.”

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Fidelity and Canary Capital roll out spot solana ETFs, joining Bitwise, Grayscale, and VanEck

The price of solana is trading around $140, more than 50% away from its all-time high set in January.

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$1T
Yaël Bizouati-Kennedy

Painvember is real — the crypto market has lost more than $1 trillion in overall market cap since early October and now sits at $3.2 trillion, down from $4.3 trillion on October 6, when bitcoin hit its all-time high.

Bitcoin dipped below $90,000 for the first time since April late Monday night. The asset is roughly flat from one year ago, shortly after the US presidential election.

“The longer bitcoin stays under $100k, the more the sense of imminent doom intensifies. But amid all this panic, there are reasons to be optimistic. We’ve seen BTC ETF ownership jump from 20% to 28% this year, institutional demand remains high, and the biggest Bitcoin whale — Michael Saylor — has just scooped up more BTC,” Nic Puckrin, cofounder of Coin Bureau, told Sherwood News.

  • The Bitcoin Fear and Greed Index is now at 11, reflecting “extreme fear.”

  • Bitcoin ETFs saw $254.51 million in outflows on Monday, bringing total outflows to $2.59 billion in November. BlackRock’s iShares Bitcoin Trust, the most successful bitcoin ETF, saw a whopping $1.26 billion exit its fund so far this month.

  • Meanwhile, ethereum ETFs suffered $182.8 million in outflows — $1.42 billion so far this month, according to SoSoValue.

  • Crypto liquidations reached $801 million in the past 24 hours, Coinglass data shows. Bitcoin suffered $433 million in liquidations, with the bulk of them — $390.89 million — in long positions.

“Bitcoin and crypto are trading much more like classic risk assets right now. Everything is moving with broader risk sentiment and growing anxiety around credit,” Greg Magadini, director of derivatives at Amberdata, told Sherwood.

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