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The crypto market is facing one of its worst days in months after a violent sell-off erased billions from total market value. Bitcoin, Ethereum, and major altcoins plunged sharply as panic selling, massive ETF outflows, and weakening support levels triggered a chain reaction across global markets.

Adidas is taking another step into Web3 by creating a new line of non-fungible tokens (NFTs) for Xociety’s upcoming third-person shooter RPG game with role-playing game (RPG) elements. The exclusive collection includes virtual skins featuring black hoodies and neon tracksuits with official Adidas logo.

Enosys has launched , a collateralized debt position (CDP) protocol that lets XRP holders mint an overcollateralized stablecoin without selling their assets. It’s the first XRP-backed stablecoin loan service live on Flare

of approximately $2.16 million in October, which represents a notable jump compared to other months.

Arthur Hayes, co-founder of BitMEX, that CryptoPunks will outperform Ethereum this cycle in US dollar terms, arguing it’s less about blockchain fundamentals and more about status signaling in the digital age.

Vitalik Buterin signed the Trustless Manifesto on Nov 13 and shared the link, establishing a public pledge that tells Ethereum teams to rely on math and consensus, not intermediaries. The move sets an immediate standard for relayers, sequencers, hosted nodes, and oracle pipelines as L2 UX and identity products ship into year-end.

The crypto gaming sector keeps expanding, with developers focused on building new gaming experiences using blockchain technology.

Crypto markets recorded sharp losses on the first day of December. Bitcoin has plummeted from above $91,000 to $85,000, then settled at $86,214, a 5.3% drop in the past 24 hours. This current dip has now increased Bitcoin’s total loss to 21.6% over the past month. Meanwhile, the broader market also slid more than 5%.

Global crypto exchange KuCoin announced the listing of Talus Network (US) on its spot market. The move marks another addition to its expanding roster of AI-focused blockchain projects.

Wall Street giants Goldman Sachs and BNY Mellon have introduced a new blockchain-based platform for institutional investors to access tokenized money market funds. The system, , allows clients to subscribe, trade, and redeem fund shares as digital tokens that settle in real time on , replacing traditional end-of-day processes.

Several high-profile altcoins are now testing crucial support zones after sharp declines over the past 24 hours. According to analyst Altcoin Sherpa, popular tokens like BONK, PENGU, and ENA are likely to revisit deeper Fibonacci retracement levels, which could offer key areas for a potential bounce.

HashKey Holdings Ltd., operator of one of Hong Kong’s largest regulated cryptocurrency exchanges, officially began trading on the Hong Kong Stock Exchange, following its well-anticipated initial public offering (IPO).

Kraken Pro, the advanced crypto trading platform offered by the Kraken cryptocurrency exchange, has added a new feature. The newly added functionality allows clients in the EU to post crypto, including BTC, ETH, and certain stablecoins, as collateral when trading more than 150 perpetual futures markets.

Pump.fun announces the acquisition of Padre, a rising multi-chain trading terminal used by professional desks on Solana, BNB Chain, Ethereum L1, and Base. The deal places pro analytics and execution next to a retail-ready interface, which removes the usual gap between pair discovery and order routing. The result is a single workflow where listings, data, and fills move together instead of in steps.

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Strategy has executed a $963 million capital deployment into Bitcoin, confirming one of its largest weekly acquisitions of 2025. The purchase, which secured 10,624 BTC at an average price of $90,615, is widely viewed by institutional desks as a strategic validation of the “Digital Credit” banking model Michael Saylor pitched to sovereign wealth funds this week.

The platform Degentraland shared a Twitter thread on March 23, commenting on the necessity and immediacy of developing on-chain reputation scores for NFT projects.

Uniswap founder Hayden Adams has submitted a landmark governance proposal. The plan, titled “UNInception,” aims to activate protocol fees and align incentives across the ecosystem. Adams stated this is the first step toward a full on-chain vote.

Fashion brand Diesel has reportedly partnered with Metaverse fashion house DressX to power an exclusive fashion collection on the Meta Avatars Store. Co-founded by Daria Shapovalova, DressX Meta to launch a digital-only fashion collection in 2022.

The decentralized finance (DeFi) protocol Scallop (SCA) has emerged as one of the leading projects on the Sui blockchain, to a recent report from crypto research firm Messari.