News

During November 10–16, the crypto space saw significant token activity and bold institutional moves. Uniswap’s proposals for activating a fee switch and token burning spurred UNI gains of up to 38%, reinforcing confidence in the protocol’s revamped economic model [1][7][12]. Bitcoin continued to hover near major technical thresholds, with analysts noting that liquidity injections and renewed institutional buying—highlighted by Michael Saylor’s successive $50 million Bitcoin acquisitions—could push prices above $112K [11][18][19][25][41][46].

Regulatory and policy updates also featured prominently. In the United States, the Senate Committee introduced a draft bill aimed at clarifying regulatory jurisdiction in the crypto market while the IRS issued new guidance to enable crypto exchange-traded products to accumulate staking rewards without tax complications [2][4][9][10]. Internationally, the Bank of England advanced proposals imposing temporary stablecoin holding limits amid a broader effort to establish clearer rules, and Japan is considering measures to restrict crypto custody to registered providers [14][40][55].

Market infrastructure developments underscored an industry in transition. Coinbase’s public token sales platform relaunch, first featuring Monad’s token, marks a revitalization of retail token offerings [15][17][22][27][33][37]. Moreover, strategic deals—such as Rumble’s merger with crypto miner Northern Data and related partnerships involving Tether—signal growing integration between blockchain, AI, and traditional finance sectors [13][45][47]. Collectively, these trends indicate an evolving crypto landscape where regulatory clarity, institutional inflows, and innovation are shaping the market’s future [42][48].