Crypto Briefs
Short updates on stories reported by a single outlet so far — summarized in a few sentences, always linking the original reporting. Stories picked up by more publications get full articles.
Wednesday, November 11, 2026
Flare Co-Founder Says XRP Should Not Rely Solely on Ripple
Flare co-founder Hugo Philion has argued that XRP's value and long-term narrative should not depend solely on decisions made by Ripple, pushing back against renewed criticism of the token. The report, published by ZyCrypto, also notes that technical analyst Dark Defender has reaffirmed his earlier $10 XRP price forecast, citing bullish chart structure despite recent price weakness.
Read the original at ZyCryptoHut 8 Details Shift Toward AI Data Center Leases on Q3 Call
Crypto Briefing reports that Hut 8 outlined a strategic shift toward leasing its data center capacity to AI customers during its third-quarter earnings call. The publication says the pivot could drive long-term revenue growth but carries significant financial risks. The report is based on the company's call commentary as summarized by Crypto Briefing, and no further financial details were included in the source excerpt.
Read the original at Crypto BriefingTavi Costa Says Bitcoin Is Very Undervalued Ahead of Violent Moves
Tavi Costa, founder and CEO of Azuria Capital, told Bitcoin Magazine that Bitcoin looks "very undervalued" as many former supporters are giving up on it. He expects Bitcoin and silver to see "violent moves" as the Federal Reserve's rate-hiking cycle comes to an end. The interview was reported by Patrick Green and presents Costa's personal market view rather than a forecast with stated figures.
Read the original at Bitcoin MagazineUK Urged to Ask Crypto Founders What Would Keep Them in Britain
CryptoSlate columnist argues that Britain should ask crypto founders what would have kept them in the country. The piece cites Praneet Sinha, co-founder of London-based crypto startup Moongate, who said he left Britain over operational and financial efficiency, including the cost of converting crypto fee revenue into fiat to pay salaries and running costs. The article contrasts this with jurisdictions such as Ras Al Khaimah's RAK DAO, which Sinha cited as a more favorable base.
Read the original at CryptoSlateXRP Shark Wallets Grow 5% as Price Nears $1
According to Crypto Briefing, XRP wallets holding large balances, often referred to as shark wallets, increased their holdings by 5% while the token's price approached the $1 level. The publication describes the trend as suggesting strategic accumulation by large holders amid recent price declines. Crypto Briefing notes that such concentration could affect market dynamics, though the report's summary does not detail the on-chain data behind the figures.
Read the original at Crypto BriefingVariational Raises $50M to Launch Real-World Asset Perpetual Futures
Peer-to-peer trading startup Variational has raised $50 million in a funding round led by Dragonfly, according to CoinDesk. The company is initially offering perpetual futures on real-world assets including oil, silver, copper and gold. The report frames the raise as backing for bringing traditional commodity exposure into crypto-native perpetual trading markets.
Read the original at CoinDeskBitcoin Quantum Risk Concentrates in Major Exchange Wallets, Glassnode Says
CryptoSlate reports that cryptocurrency exchanges are emerging as the clearest pressure point in Bitcoin's quantum computing risk debate, holding millions of coins whose public keys are exposed. The article attributes the analysis to Glassnode data and explains that Bitcoin keeps public keys hidden until funds are spent, so exposure is tied to wallets that have already signed transactions. The piece frames exchange wallets as the central concern within the broader quantum debate.
Read the original at CryptoSlateTariff Refunds Could Cool Inflation, BofA Says, Lifting Bitcoin Outlook
CryptoSlate reports that US Customs and Border Protection had processed $35.46 billion in tariff refunds as of May 11, and that Bank of America sees the refunds as a potential cooling force for inflation. The outlook was framed as a possible macro tailwind for Bitcoin, as traders watch how the refund process affects liquidity and policy expectations. The article is single-source commentary on an analyst view and does not confirm a direct effect on Bitcoin's price.
Read the original at CryptoSlateArkham Traces $63M in Bitget Hack Funds Into CoinJoin Mixing
According to The Defiant, blockchain analytics firm Arkham has traced 847.26 BTC from the Bitget hack into CoinJoin mixing transactions. The firm also reported another 959.29 BTC held in labelled wallets, and recovery efforts are ongoing. The report, citing Arkham's tracing, illustrates how stolen funds are being routed through privacy-focused mixers.
Read the original at The DefiantBitcoin Bull Score Falls to Zero, Signaling Bearish Trend, CryptoQuant Says
CryptoQuant's Bull Score for Bitcoin has dropped to zero, a reading the analytics firm associates with broad market weakness and a bearish trend. According to the Crypto Briefing report, the signal suggests conditions could remain depressed for an extended period and that investors should remain cautious. The item relies on a single secondary report of CryptoQuant's indicator.
Read the original at Crypto BriefingTether Unveils BotPsy, an 800M-Parameter On-Device AI Agent
Decrypt reports that Tether has released BotPsy, an AI assistant with 800 million parameters designed to run locally and handle everyday phone tasks. According to the source, the model outperforms rivals roughly 2.5 times its size at phone-control tasks. The launch is presented as part of Tether's broader expansion into decentralized artificial intelligence.
Read the original at DecryptPNC Lets Corporate Clients Accept USDC Without Holding Crypto
According to CryptoSlate, PNC now allows eligible corporate clients to receive dollar deposits through automatic conversion of incoming USDC. The arrangement means businesses can accept stablecoin payments without holding the crypto themselves. The article notes that the broader effects of such arrangements on bank funding remain unmeasured.
Read the original at CryptoSlateMicrosoft Patent Describes Paying Users for Idle Compute to Train AI
A Microsoft patent filing reportedly describes a system that would pay users for their idle computing power to train artificial intelligence models, according to Crypto Briefing. The reporting says the approach could broaden access to AI training, while raising concerns about user privacy, hardware wear, and whether paying participants would be economically viable. The source is a single news report on the filing, and the details of the patent itself were not independently verified.
Read the original at Crypto BriefingOil Selloff Seen Paving Way for Dovish Fed, Gold and Bitcoin
Bitcoin Magazine reports that oil has fallen almost 20% and gasoline roughly 25% since the end of October, according to Robbert van Batenburg, Global Strategist at The Bear Traps Report. Van Batenburg argues the decline sets up a more dovish Federal Reserve and what he calls "the sweet spot for gold," which he says would also benefit Bitcoin. The views are those of a single analyst quoted by the outlet and are not independently verified.
Read the original at Bitcoin MagazineJames Lavish Maintains $400K-$500K Bitcoin Target for Mid-2029
Bitcoin Magazine reports that analyst James Lavish, speaking on BMTV last month, said he believes the Bitcoin market bottom is already in. He says this cycle call still holds despite a spike in rate-hike odds and a wobble in tech stocks. The piece frames Lavish's view as a $400,000-$500,000 Bitcoin price target by mid-2029.
Read the original at Bitcoin MagazineEthereum Foundation Departures Spark Calls for New Price-Focused Body
According to The Defiant, at least eight senior researchers and leaders at the Ethereum Foundation (EF) have announced their departures this year. The report says the exodus has fueled calls for a new Ethereum organization with a focus on price. The article's details on the proposed body and its backers are limited to what The Defiant reports.
Read the original at The DefiantEUR Stablecoins Grow 12-Fold to $777M as European Banks Scale
According to The Defiant, euro-denominated stablecoins processed at retail virtual asset service providers have grown 12-fold to $777 million over 15 months. The report says European banks are moving stablecoin projects from concept to production as MiCA-compliant assets scale. The figures are reported by a single outlet and have not been independently verified here.
Read the original at The DefiantBitcoin faces Nov. 22 recovery test after $2.22B ETF outflows
Bitcoin has fallen as much as 16.8% from its September high, according to Crypto.news, which cites Bitfinex analysts warning that weak spot buying and persistent leverage could deepen the correction. In its Nov. 11 midweek update, Bitfinex Alpha reportedly flagged the Nov. 22 level as a key recovery test. The report also references $2.22 billion in spot bitcoin ETF outflows as a backdrop to the decline.
Read the original at Crypto.newsNomura Explores Sale of Laser Digital, Bloomberg Reports
Nomura is exploring a sale of its crypto unit Laser Digital, according to Bloomberg, as cited by The Defiant. Marex is reported to be among the potential buyers. The business covers crypto trading, asset management and onchain credit partnerships.
Read the original at The DefiantBase Surpasses $5 Billion in DEX Volume for Tokenized Stocks
According to Crypto Briefing, trading of tokenized stocks on Base, the Ethereum layer-2 network, has crossed $5 billion in decentralized exchange volume. The publication says the growth points to the potential for 24/7 decentralized finance markets to change how investors access global equities. The report is a single-source brief and does not break down the figure by platform or time period.
Read the original at Crypto BriefingCoinShares Survey Sees Bitcoin Leading Crypto Growth Outlook
According to a CoinShares survey reported by Crypto Briefing, Bitcoin leads the growth outlook among digital assets while sentiment toward Ethereum has improved. The report attributes these views to institutional investors' shift toward diversification rather than speculation. The source suggests this could help stabilize crypto markets, with Bitcoin and Ethereum likely maintaining their dominance.
Read the original at Crypto BriefingTexas Bill Would Let Cities and Counties Invest Up to $10M in Bitcoin
According to Crypto Briefing, a proposed Texas bill would allow cities and counties to invest up to $10 million each in Bitcoin. The publication says the measure could diversify local government investments but may also introduce uneven risk management and financial exposure across the state. The report is a single-source summary of the bill and does not include details on its current legislative status.
Read the original at Crypto BriefingUniswap Deploys v2, v3 and v4 on Hyperliquid's Elysium Network
According to Crypto.news, Uniswap has launched versions 2, 3 and 4 of its decentralized trading protocol on Elysium, a network focused on Hyperliquid, two days after the network's public mainnet debut. The deployments were announced by Uniswap in a November 11 post on X directed at builders. The report frames the move as bringing three protocol versions to the Hyperliquid-focused ecosystem.
Read the original at Crypto.newsSam Lyman Says Bitcoin Doesn't Need America, but America Needs Bitcoin
Bitcoin Magazine reports that Sam Lyman argued Bitcoin does not depend on the United States, while the U.S. may need Bitcoin. Lyman compared dollar-denominated stablecoins to "Starlink for the US dollar system," saying anyone with an internet connection can access the dollar. The article is a brief interview-style piece and does not include additional market data or details.
Read the original at Bitcoin MagazineHIVE Digital Technologies Signs $600 Million in AI Cloud Contracts
According to Crypto Briefing, HIVE Digital Technologies has signed $600 million in AI cloud contracts. The source reports that the shift toward AI cloud services diversifies HIVE's revenue beyond Bitcoin mining, which should reduce earnings volatility tied to bitcoin prices. The report also notes that the move increases the company's reliance on a small number of key clients.
Read the original at Crypto BriefingBitGo Powers SoFiUSD Stablecoin Launch on Monad Blockchain
According to Crypto Briefing, BitGo has supported the launch of SoFiUSD, the stablecoin issued by SoFi, on the Monad blockchain. The source describes the expansion as part of a broader trend of bringing stablecoins onto high-performance blockchains to improve financial transactions. The article is brief and does not disclose figures such as supply, transaction volume, or launch date.
Read the original at Crypto BriefingIsrael Discount Bank to Offer In-App Bitcoin Trading from November 26
According to Crypto Briefing, Israel Discount Bank will open in-app Bitcoin trading to its customers on November 26. The source characterizes the move as a sign of traditional finance moving toward crypto, which could broaden mainstream adoption and draw closer regulatory attention. The report is a single-source brief and does not include further details on trading fees, supported products, or regulatory approvals.
Read the original at Crypto BriefingHoskinson Warns Cardano Could Lose Its Research Edge Without Funding
Charles Hoskinson urged Cardano delegated representatives (DReps) to back a research funding proposal, warning that failure to do so could erode the network's identity as a research-led blockchain. Speaking in a May 21 livestream from England, Hoskinson said Cardano is in "treasury season" and faces a tougher funding environment, according to Bitcoinist. The article frames the vote as a test of whether the network can sustain its core value proposition.
Read the original at BitcoinistBitcoin Heads Toward First Back-to-Back Annual Losses on Record
Decrypt reports that Bitcoin is on track for its first consecutive annual losses, breaking a pattern of positive yearly returns that has held for 18 years. The article notes that the data contains important nuances that qualify the headline, though the source summary provided here does not detail the specific figures behind that caveat. The report frames the development as a notable shift in Bitcoin's long-run annual performance record.
Read the original at DecryptBitcoin Falls 11% Since Oct. 20 as Analyst Links Anthropic IPO
Bitcoin (BTC) has declined 11.3% since October 20, according to 99Bitcoins. Crypto analyst Benjamin Cowen suggested on Wednesday that the upcoming Anthropic IPO may be a contributing factor, pointing to a chart showing Bitcoin following a path similar to its decline before the SpaceX IPO in June. Cowen's view is that investors may sell other assets to raise cash for a large IPO allocation.
Read the original at 99Bitcoins