Ethereum's Blob Boom ($)
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- 🔥 Ethereum Blob Activity Surges. Ethereum’s blobspace, introduced in the Dencun upgrade, is seeing record use with over 21,000 blobs processed this month as L2s like Arbitrum and Base ramp up activity.
- 💸 Bitcoin ETFs See Big Outflows. After a record amount of inflows last week, U.S. spot Bitcoin ETFs saw $438 million in outflows yesterday, November 25th, amid the Bitcoin price pulling back toward $90k.
- 📆 UK Targets 2026 for Crypto Framework. The Financial Conduct Authority (FCA) plans to finalize a regulatory framework by 2026, addressing stablecoins, staking, and more as crypto adoption has grown to 7M users in the country.
📸 Daily Market Snapshot: While it seemed gravity reversed for most major cryptocurrencies over the past few weeks, the uptrending stopped this morning as the majority of the top 100 coins, including BTC, ETH, and SOL, are trading in the red on the day. It remains to be seen if this is just a momentary pause in the market's recent rallying or the start of a deeper correction, though new regulatory tailwinds suggest it's the former.
| Prices as of 3pm ET | 24hr | 7d |
|
Crypto $3.15t | ↘ 4.0% | ↗ 2.3% |
|
BTC $92,158 | ↘ 3.2% | ↘ 2.0% |
|
ETH $3,296 | ↘ 5.3% | ↗ 4.9% |
|
INST $5.34 | ↘ 5.9% | ↗ 45.1% |
Crypto is often championed as a tool for financial inclusion in developing economies, but its relevance in the Global North is less understood.
In regions where traditional banking systems are well-established, why does crypto still hold importance?
This piece unpacks the key ways crypto is gaining traction in developed countries—not as a necessity but as an alternative driven by institutional distrust, underserved communities, and the rise of digital-native economies.
Dive in to explore how crypto is carving out an influential role even in the world's most advanced economies! 👇
Cartesi has announced the addition of a Validator Marketplace to its roadmap—a decentralized platform connecting dApp developers with validators. This marketplace aligns incentives within the ecosystem, boosts CTSI token utility, and offers a solution for unlocking the full potential of appchains, even beyond Cartesi.
ETH is a cryptocurrency, but it's also the foundation of a permissionless financial future.
In this episode, Ethereum Foundation researcher Mike Neuder breaks down ETH's role as the ultimate form of money, exploring how it embodies true ownership, programmability, and economic security.
From its deflationary mechanisms to its trustless interoperability, Neuder outlines why ETH is uniquely positioned to power the decentralized economy of tomorrow.
Tune in to listen to the full talk! 👇
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.