Strategy Chairman Michael Saylor said Bitcoin's daily trading volume now surpasses the financial activity of Google, Microsoft and the U.S. Navy's spending capacity. Speaking at Binance Blockchain Week in Dubai on December 3, 2025, Saylor described Bitcoin as "the foundation of economic markets." He noted growing support from U.S. government officials, including the FBI director and the president.

Ripple executive Reece Merrick links growing RLUSD demand to stablecoins' evolution from trading instruments to global payment infrastructure. On-chain stablecoin transfers have expanded from $0.5 trillion in 2020 to a projected $46 trillion in 2025, exceeding the combined settled volume of Visa and Mastercard. The executive cited B2B settlements, merchant adoption, and cross-border remittances as key drivers, with the sector growing approximately 150% annually.

OKX's 37th proof-of-reserve report shows Ethereum holdings declined 0.73% to 1,610,826 ETH in November from 1,622,674 ETH in September, a drop of 11,848 ETH. Bitcoin reserves rose 3.15% to 130,439 BTC, while USDT holdings increased 7.16% to 10.73 billion tokens over the same period, according to the exchange's November 19 snapshot.

XRP futures open interest rose 4% in 24 hours to reach 1.98 billion XRP valued at $4.18 billion, data show. CME accounts for over 25% of XRP futures activity, while Binance holds 286.24 million XRP worth $624 million in open positions. XRP traded at $2.10, down 1.77% over the same period.

Bitcoin has climbed back above $92,000 after posting gains exceeding 12% over seven days. Bloomberg senior commodity strategist Mike McGlone projects a possible decline to $50,000, citing Bitcoin's correlation with S&P 500 volatility and deflationary market signals.

Charles Guillemet, Chief Technology Officer at Ledger, has issued a security alert about zero-click vulnerabilities being exploited to compromise cryptocurrency wallets. State-sponsored groups are deploying commercial spyware against messaging apps to gain unauthorized phone access. He advises against storing significant crypto assets on mobile devices due to escalating threats.

XRP traded at $2.05 on November 24, 2025, down 18.1% for the month—its steepest November decline since 2020. The token historically averages 79.9% gains in November, according to Cryptorank. Technical indicators showed oversold conditions, with the Relative Strength Index at 38.36, while trading volume rose 17.71% to $4.19 billion.

Bitcoin has fallen more than 12% over the past week, with CryptoQuant CEO Ki Young Ju identifying profit-taking by early investors as the primary driver. The selling pressure from holders locking in gains has created downward momentum. Ju suggests only significant macro liquidity inflows could reverse the current trend.

Shiba Inu has been added to Japan's official Green List maintained by the Japan Virtual and Crypto Assets Exchange Association, data show. The inclusion places SHIB in the same regulatory category as Bitcoin and Ethereum, marking it as the first meme coin to achieve this status. A proposed tax reduction from 55% to 20% on crypto gains could benefit Japanese SHIB investors.