Cryptocurrency market news

ADGM has approved three licenses for Binance, dividing its operations into an exchange, a clearing center, and a broker-dealer platform operating under the Nest brand. The authorization confirms Binance’s compliance with international regulatory standards and allows the company to run international services from Abu Dhabi.

The cryptocurrency exchange Binance has launched a new service — the Deleted Account Service Tool — which allows platform clients to restore deleted accounts.

According to CryptoQuant, XRP reserves on Binance have declined from around 3 billion tokens in early October to 2.7 billion by the end of November. This decrease is notable not only for its scale, but also for the speed at which the reserves are being depleted, indicating significant shifts in trader and institutional investor behavior.

The 24-hour trading volume of BTC futures on Binance has surged to $48.4 billion, marking the strongest figure in recent weeks and one of the largest spikes since the sharp market drop on October 10 of this year. At that time, volumes exceeded $40 billion, and the current increase represents more than a 20% rise relative to those levels. In parallel, futures for ETH, SOL, XRP, TRX, and BNB are also seeing synchronized growth, emphasizing a broad-based revival rather than isolated activity in a single market.

OKX, the largest offshore crypto exchange focused on the Chinese-speaking market, has announced the relisting of Zcash (ZEC) for spot trading. Trading will begin on November 24, 2025, at 15:00 (MSK). This decision is especially notable given that between January 4 and 5, 2024, the exchange simultaneously removed three major privacy coins: Monero (XMR), Zcash (ZEC), and Dash (DASH).

The Binance crypto exchange is transforming into a platform focused on altcoin trading, which now accounts for up to 60% of all transactions. Meanwhile, activity related to Bitcoin and Ethereum is declining due to ongoing selling pressure combined with low trading volumes.

Over the past six weeks, more than $1 trillion has been wiped from the cryptocurrency market as concerns over inflated valuations of tech firms and the trajectory of U.S. interest rates triggered a massive sell-off of speculative assets. As Financial Times reports, citing CoinGecko data, the combined market value of over 18,000 cryptocurrencies has fallen by 25% from its peak on October 6, erasing about $1.2 trillion in capitalization.

Cryptocurrency exchange Kraken announced on Tuesday that it had raised $800 million in funding to accelerate the integration of traditional financial products into blockchain.

The bankrupt Japanese cryptocurrency exchange Mt. Gox has executed its largest Bitcoin transfer in eight months, despite postponing creditor repayments until the end of 2026.

On November 17, Binance published data from two analytics firms — Chainalysis and TRM Labs. According to their estimates, over the past 2.5 years, the share of transactions involving suspicious addresses has decreased by 96–98%. According to Chainalysis, in June 2025 only 0.007% of Binance transactions were linked to addresses involved in illegal activity. The average rate among the other six largest exchanges is 0.018% (2.5 times higher).

Bitget’s Transparency Report for October 2025 highlights the company’s key areas of growth: increased liquidity, expanded accessibility, and the unification of traditional and decentralized finance through innovation, transparency, and inclusivity.

The cautious approach of British authorities to overseeing crypto trading may slow down the industry’s development in the country, hinder the free flow of funds, and limit investors’ opportunities to earn profits, the entrepreneur complained.

Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), Caroline Pham, is holding talks with regulated American cryptocurrency exchanges about launching spot cryptocurrency products with leverage. According to Pham, the launch could take place as early as next month.

Trading platform Bybit is reportedly considering the acquisition of Korbit, the fourth-largest cryptocurrency exchange in South Korea. Several sources, including South Korean outlet Maeil Business, claim that representatives of the company have met with Korbit’s management to initiate the acquisition process.

BitMine Immersion Technologies (NYSE American: BMNR) announced that its total cryptocurrency, cash, and other assets amount to $13.7 billion as of November 2.

The crypto community has raised concerns about MEXC’s solvency, as users began experiencing delays when attempting to withdraw funds. This came after roughly $5.5 billion worth of cryptocurrencies were withdrawn from MEXC in a short period.