Kazakhstan's central bank has designated up to $300 million from its gold and foreign exchange reserves for cryptocurrency investments, Governor Timur Suleimenov said November 29, 2025. The actual allocation could range from $50 million to $250 million, depending on market conditions following recent volatility that saw Bitcoin drop 17% before recovering. The bank will wait for market stabilization before executing purchases.

A wallet associated with HyperLabs transferred 2.6 million HYPE tokens valued at $90.18 million from staking to a spot wallet on November 29 at 12:32 UTC+8. The transaction originated from address 0x43e9abea1910387c4292bca4b94de81462f8a251, HypurrScan data show. Following the transfer, HYPE funding rates turned negative, reflecting increased caution among traders despite no confirmed selling activity.

Bitcoin fell more than 20% over the past month to reach $80,000, its lowest level in seven months. The cryptocurrency has dropped over 40% from its early October peak above $126,000, marking November as its worst monthly performance since June 2022. Institutional investors including ARK Invest continue accumulating positions despite ongoing volatility.

South Korea will mandate identity checks on all cryptocurrency transactions regardless of amount, eliminating the current 1 million won reporting threshold. The Financial Services Commission announced citizens will be barred from sending funds to foreign exchanges flagged for money-laundering risks. Executives at crypto firms will face enhanced eligibility screenings, including automatic disqualification for prior convictions related to drugs, tax evasion, or other serious offenses.

BlackRock received 4,044 BTC valued at $354 million and 80,121 ETH worth $235 million from Coinbase, data show. The transfers represent ETF redemptions as market makers completed withdrawal processes, marking capital exiting the fund structure rather than institutional buying. Bitcoin traded near $90,898 while Ethereum remained above $3,000 during the transfers.

The Chicago Mercantile Exchange suspended futures trading for approximately 10 hours on Friday following a cooling system malfunction at its Aurora, Illinois data center operated by CyrusOne. The outage affected equities, commodities, currencies, energy, and cryptocurrency markets during the post-Thanksgiving Asia session when U.S. markets were closed and liquidity was thin. CME restored full functionality around 1:30 p.m. UTC.

Cryptocurrency funding reached nearly $25 billion in 2025, representing a surge of over 150% compared to 2024. Centralized exchanges attracted approximately $4.4 billion, followed by prediction markets with $3.2 billion and DeFi platforms with $2.9 billion, data show. The influx signals a marked shift in institutional sentiment toward blockchain and digital-asset ventures.

Cryptocurrency exchange Coinbase has submitted formal recommendations to the Commodity Futures Trading Commission requesting updated regulatory frameworks for digital assets. The submission addresses decentralized finance oversight, stablecoin collateral use, and standards for integrated trading platforms. Coinbase argues that current U.S. rules do not reflect the structure of modern crypto markets and proposes practical oversight measures that balance innovation with investor protection.