TU Crypto News (EN)

🔹 CryptoQuant: Ethereum is significantly undervalued CryptoQuant CEO Ki Young Ju stated that according to 10 out of 12 models, the fair value of ETH is around $4,535 — roughly ~60% above the current price. Some models suggest even higher valuations — up to $9,500 based on Metcalfe’s Law.

🦋 Pavel Durov has launched the decentralized AI network Cocoon Durov announced the launch of Cocoon — a confidential computing network on TON, where AI queries are processed with full privacy. GPU owners can already earn TON by providing their computing power. The platform operates through a “client — proxy — worker” model: the user sends a request, the proxy selects a performer, and the GPU owner processes the computation. Cocoon connects the needs of AI applications with those who are ready to share their resources.

🇯🇵 Sony Bank will launch a dollar stablecoin for its ecosystem in 2026 The bank plans to introduce a USD stablecoin for payments in games, anime, and digital content within its ecosystem. Sony Bank has applied for a U.S. banking license and is creating a subsidiary to handle stablecoin operations. To implement the project, the bank is partnering with U.S. issuer Bastion, which will provide the required infrastructure.

📉 Bitcoin started the week with a drop to $85,500 BTC pulled back on the first day of December, and daily liquidations exceeded $600M. November became the worst month for bitcoin since 2018. Among the top 100, the biggest declines were seen in ZEC (-19%), ENA (-16%) and DASH (-16%). Fear and Greed Index — 23.

⁉️ Chainalysis and Binance dispute methods of criminal-risk analysis. 🟠 After the crypto exchange Binance stated that no more than 0.023% of trading volume on major crypto exchanges is linked to illicit wallets—citing data from Chainalysis and TRM Labs—Chainalysis challenged these figures. The company said that the analysis was not conducted by its team and did not include key categories of crime tracked in its datasets. ✅ Binance’s analysis did not account for cases where illegal entities attempt to hide the origin of funds by moving them through intermediate wallets. Ignoring these factors significantly understates the numbers.

‼️ Upbit relaunches after $37 million hack 🇰🇷 South Korea’s largest crypto exchange, Upbit, has announced a phased resumption of deposit and withdrawal services starting December 1, 2025, at 1:00 p.m. Korean time. ➡️ The recovery will begin with assets on the Akash (AKT) and Ethereum networks, such as 1INCH, AAVE, and ADT. ➡️ Users will need to verify their updated addresses and monitor the status of their funding, as each asset will be moved to a new deposit address. Authorities suspect the North Korean Lazarus Group of carrying out the hack, which used methods similar to the 2019 Upbit breach, when 342,000 ETH were stolen.

💥 Arthur Hayes warns of risks in Tether strategy BitMEX co-founder Arthur Hayes warns that Tether’s interest rate strategy may pose a threat to USDT’s solvency. 👉 He notes that a 30% drop in gold and Bitcoin could theoretically wipe out the company’s capital. Hayes believes major holders will demand real-time access to their balances to assess Tether’s insolvency risk.

⚡️ Kalshi reports declining odds of BTC growth in 2025 Kalshi, a regulated prediction market, reports an 11% drop in the odds of BTC reaching $100,000 in 2025. ❗️ The probability of breaking above $110,000 has fallen by 7%, now standing at 45%. Meanwhile, the odds of BTC closing below $80,000 in 2025 have risen to 36%, up by 8%.

‼️ Crypto companies raised $25 billion in venture capital 📈 In 2025, cryptocurrency companies attracted around $25 billion in venture capital — more than double the total investment of the previous year, though slightly below the peak of 2021. ✅ Among the largest recipients were Binance and Polymarket (each receiving $2 billion), as well as Circle ($1.1 billion). Most of the capital flowing into the crypto sector came from major Silicon Valley players such as Paradigm and Sequoia Capital. Wall Street giants, including BlackRock, JP Morgan, and Goldman Sachs, also played a significant role.

🚀 Tether gold purchases outpace central banks 💵 In the third quarter of 2025, Tether acquired 26 tons of gold, surpassing Kazakhstan (18 tons), Brazil (15 tons), Turkey (7 tons), and other central banks. ➡️ Between August and October, Tether accounted for about 12% of total central bank gold demand and roughly 2% of global demand. According to BitMine CEO Thomas Lee, the steady gold purchases by stablecoin issuers are helping to lift bitcoin’s long-term price level. As a result, BTC could rise to $100,000 before the end of the year.

🧩 A crypto enthusiast recovered an old flash drive and regained access to $4M in BTC The investor lost a flash drive with a cold backup during a move, but years later found it almost broken. Specialists desoldered the chip, reconstructed the data from fragments, and tried thousands of passwords. After recalling the seed phrase, the owner unlocked the wallet — with about $4M in bitcoin on the balance.

🪙 “Family Guy” advised buying bitcoin back in 2016 In episode 11 of season 14 of Family Guy, Peter Griffin jokingly suggests solving the family’s financial troubles by investing in bitcoin. The episode aired on January 10, 2016 — when BTC was around $440 — and now looks like an unexpected cartoon investment tip.

🤔 Peter Schiff compared bitcoin’s performance to silver — and came to a grim conclusion Economist and long-time BTC critic Peter Schiff said that bitcoin is moving “in a mirror image” relative to silver — and in his view, that’s a bad sign for the cryptocurrency. He noted that in November silver rose 16.5% while BTC fell 17.5%, and for all of 2025 the metal gained 95% compared to bitcoin’s 4% decline. Schiff believes that if silver continues to rise, its “mirror reflection” — bitcoin — may drop sharply again.

◻️ OKX has updated its proof of reserves — major stablecoin inflows spotted The exchange released a fresh PoR report showing monthly changes in user assets: — BTC: 130,000 BTC (+3.15%) — an inflow of nearly 4,000 BTC. — ETH: 1.6M ETH (-0.73%) — slight outflow, likely staking or cold wallet movements. — USDT: 10.7B USDT (+7.16%) — a $717M inflow, possibly indicating preparation for purchases or rising trading activity.

🇹🇲 Turkmenistan has officially legalized the crypto industry President Serdar Berdymukhammedov has signed the “On Virtual Assets” law, which legalizes the operation of crypto exchanges and mining companies. The document recognizes digital assets as objects of civil rights but not as a means of payment, and oversight of the sector will be handled by Turkmenistan’s central bank. Miners and service providers will now be required to obtain a license to operate legally.

⚠️ FC Barcelona criticized for sponsorship deal with crypto firm ZKP 🎙 The renowned football club FC Barcelona, currently facing severe financial difficulties with $542 million in debt, has signed a $22 million sponsorship deal with the little-known crypto firm Zero-Knowledge Proof (ZKP). ➡️ Analysts point out that the company, registered in Samoa, only recently created its website and social media accounts. Although ZKP is named after a well-known cryptographic technology, the company itself is barely known in the market and has been linked to controversial influencer and former kickboxer Andrew Tate. ➡️ For the crypto company, securing FC Barcelona as a sponsor is seen as a clever promotional move ahead of its upcoming initial coin offering (ICO), aimed at boosting token sales.

🌐 CME halt interrupts silver and bitcoin derivatives rally 📉 The Chicago Mercantile Exchange (CME), the world’s largest derivatives exchange, halted trading for about 10 hours just minutes before silver futures were about to hit a new all-time high. ➡️ The shutdown was caused by cooling issues at the CyrusOne data center in Illinois, but traders accused CME of market manipulation. The pause occurred on the eve of Thanksgiving during a period of low trading volume, cutting off the upward momentum across several futures markets. Trading was fully restored only on Friday at 13:30 UTC. ✅ The halt ultimately benefited the “bears,” as the rally developing in a thin market was artificially interrupted.

‼️ Video Overview of the Top News for November 28 ✅ Trump wants to eliminate income tax using tariffs ✅ Spain wants to raise crypto tax to 47% ✅ DEX trading volumes are surging ✅ Terra co-founder pleads guilty and seeks minimal sentence ▶️ Watch on YouTube

🔥 Bitget allocates $1.54M to Hong Kong fire victims Crypto exchange Bitget has donated $1.54 million to families affected by the deadly Hong Kong fire — the most serious incident of its kind in decades. According to the company, $640,000 will go to Yan Chai Hospital for emergency treatment and rehabilitation of the injured. Salvation Army Hong Kong will receive around $450,000 to provide temporary housing, financial assistance, and essential supplies for families who lost their homes. “Bitget stands in solidarity with Hong Kong during this difficult time,” the company stated.

🥺 Should you be afraid of Bitcoin’s price dip? The market is trying to recover after Bitcoin’s sharp decline. Yet many traders and experts believe this is not the beginning of the end for cryptocurrencies, but rather an opportunity to buy coins at an attractive price. 🔍 Read more in our full article: Bitcoin at discount: Is it time to buy leading digital asset?