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- Animoca Brands plans to go public on Nasdaq, Nasdaq TON slapdown, Aster token surges over 30%,
Animoca Brands plans to go public on Nasdaq, Nasdaq TON slapdown, Aster token surges over 30%,
Bitwise and Grayscale XRP ETFs fees, Kraken launches regulated crypto-collateral futures, Hong Kong’s SFC, Cathie Wood’s Ark Invest, FTSE Russell & Chainlink partnership,

📰Proof of News
GM, GA, or GN LFG.
Crypto’s been busy, headlines are hitting hard. Don't worry we got you. The market has been brewing, here's what's currently happening:
![]() | Crypto funds saw $360M in outflows last week after a hawkish Fed stance spooked investors, with most redemptions coming from Bitcoin ETFs. Amid the selloff, Solana bucked the trend, drawing $421M in inflows, its second-largest ever, driven by Bitwise’s new Solana Staking ETF (BSOL) debuting with $222.8M in seed assets. |
![]() | Bitwise and Grayscale revealed fees of 0.34% and 0.35% for their upcoming XRP ETFs, with Grayscale applying the same fee to its Dogecoin ETF. Both firms plan to launch without SEC approval, following the same non-traditional path used for their Solana ETFs last week. The move comes amid the U.S. government shutdown, which has left the SEC understaffed and unable to delay new ETF listings. |
![]() | Kraken has launched regulated crypto-collateral futures trading in the EU, allowing users to post BTC, ETH, and stablecoins as margin on Kraken Pro. The exchange becomes one of the first fully regulated EU platforms to support crypto-collateralized derivatives, backed by licenses from Ireland’s Central Bank and CySEC. Traders can now access over 150 perpetual futures markets with up to 10x leverage. |
![]() | Nasdaq has reprimanded TON Strategy over its $272.7M Toncoin purchase and related PIPE financing, citing a failure to get shareholder approval for stock issuance exceeding 20% of total shares. Nearly 49% of PIPE funds were used for the Toncoin buy, prompting the warning, though Nasdaq deemed the violation unintentional and chose not to pursue delisting. |
![]() | Hong Kong’s SFC will now let licensed crypto exchanges tap global order books, boosting liquidity and price discovery. Under the new “Shared Order Book” model, local platforms can match orders with overseas affiliates that meet compliance standards, while maintaining daily settlements and reserve funds in Hong Kong. Retail users can opt in with full risk disclosures, a move signaling Hong Kong’s push to revive crypto trading activity and strengthen its role as a regional digital asset hub. |
![]() | Cathie Wood’s Ark Invest bought $12 million worth of Bullish shares across its ARKK, ARKW, and ARKF ETFs on Monday. The move increases Ark’s exposure to Bullish, the Peter Thiel–backed crypto exchange that launched U.S. spot trading last month after securing a New York BitLicense. Bullish has handled over $1.5T in cumulative volume since 2021 and reports Q3 earnings on Nov. 19, as Ark doubles down amid the stock’s 47% drop since debut. |
![]() | Animoca Brands plans to go public on Nasdaq through a reverse acquisition of U.S. fintech firm Currenc Group, marking its return to public markets since its 2020 ASX delisting. The merger, expected to close in 2026, would give Animoca investors 95% control of the new entity, creating what Yat Siu calls “the world’s first publicly-listed digital assets conglomerate.” The move expands Animoca’s U.S. presence amid its push into stablecoins, DeFi, gaming, and RWA platforms. |
![]() | FTSE Russell has partnered with Chainlink to bring major indices, including the Russell 1000, 2000, and 3000, onchain via Chainlink’s DataLink service. The integration allows FTSE’s benchmark data to be securely published across multiple blockchains, accessible 24/7 to institutions and developers. FTSE CEO Fiona Bassett said the move enables innovation in tokenized assets, ETFs, and next-gen financial products. |
![]() | Standard Chartered CEO Bill Winters declared that “all money will be digital”, predicting a blockchain-powered financial system where every transaction settles digitally. Speaking at Hong Kong FinTech Week 2025, Winters called it a “complete rewiring of finance,” praising Hong Kong for balancing innovation with regulation. HSBC CEO Georges Elhedery echoed confidence in Hong Kong’s growth, citing major investments and talent development initiatives. |
![]() | Aster token surged over 30% after Binance founder CZ revealed a $2.5M personal holding in the project. CZ shared a wallet screenshot on X, saying he “bought some Aster today” with his own funds. The announcement drove Aster’s volume from $224M to $2B and market cap past $2.5B, as traders piled in. CZ later joked he “was hoping to buy more at lower prices,” while some whales began shorting Aster expecting a correction. |
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🪙Bearish or Bullish
Market Overview
The market got a dose of clarity this past week, and some of it was more hawkish than bulls had hoped for.
As anticipated, the Federal Reserve cut interest rates by 25 basis points, bringing the benchmark rate down to 4.00%. However, Chairman Jerome Powell delivered a message that pumped the brakes on speculation about further easing. In his own words:
“A rate cut in December is not a foregone conclusion, far from it.”
That single line shook the optimism around a December follow up cut and reinforced the idea that the Fed is watching the data closely before committing to more dovish action. Powell avoided further commentary on December speculation, which markets interpreted as a cautious stance.
The more significant development, however, was the Fed’s announcement that it will halt quantitative tightening (QT) by stopping the balance sheet runoff starting December 1st. While this isn’t QE, it signals a move toward liquidity normalization, and in this environment, not draining liquidity is almost as bullish as printing fresh money.
Meanwhile, the U.S. government remains shut down, and tension in Congress is rising. Discussions to remove the filibuster (which currently requires a 60 vote threshold) in favor of a simple majority vote are gaining momentum. Should that happen, expect a brief spike in volatility once the government reopens, as markets recalibrate for rapid legislative shifts.
BTC/USD
Last week, Bitcoin failed to hold $112,000, the level we clearly outlined as the must hold threshold for bullish continuation. The breakdown wasn’t dramatic at first, BTC bounced off the 4H FibMA Blue Band, closing the week at $110,524.
But the start of this week has seen more weakness, with price now revisiting the 4H FibMA Blue Band again at around $105,758.
Here’s where it gets technical, and psychological. Since late August, BTC has repeatedly tested the Blue Band, acting as both support and decision zone. And while bulls have defended it multiple times, repeated tests of a level tend to weaken its structural integrity.
As the saying goes: the more times a door is knocked on, the more likely it is to open.
In this case, that "door" could swing open to the downside, meaning we should prepare for the possibility that BTC loses the Blue Band in the short term. That doesn’t automatically spell doom, but it would likely trigger a final shakeout before a new leg higher.
The flip side? If BTC reclaims $112,000 decisively, the market could quickly shift toward momentum breakout mode, targeting the high BB levels and possibly all time highs if macro tailwinds assist.
My view: If we do get a breakdown, it would likely be the last gift of this cycle, a deep value opportunity before bullish continuation. But if BTC instead reclaims $112,000 without another flush, I’ll look for signs of impulsive strength with $117,255 in play.

BTC BB Levels
HD: $117,255
H4: $112,750
BB: $110,524
L4: $108,335
LD: $103,823

ETH/USD
Ethereum’s posture mirrors Bitcoin’s, and that’s not a compliment. Like BTC, ETH failed to confidently hold above its 2024 range high of $4,090, closing the week with shaky structure.
If ETH weakness continues, we need to be mentally and technically prepared for a deeper retrace.
Key downside levels to watch:
$3,355 — the August low and first strong support
$2,874 — the “cycle mid” and worst-case downside target (in my view)
I’m not inherently bearish here, I still prefer to play this level to level, but loss of local structure would trigger a reset of expectations. Conversely, if strength returns, then reclaiming and holding above $4,090 is the only confirmation needed to get bullish again.

ETH/BTC
After weeks of holding at 0.036, the ETH/BTC pair finally gave way last week, breaking down with conviction.
Now trading just above 0.0326, the level last touched during the October 10th market wide flush, ETH/BTC is approaching the bottom of its multi month range. While I’m watching for localized support here, the overall structure remains weak.
The key to watch this week is whether we:
Bounce from this current low and test the short term downtrend.
Or break below to form a new lower low, which would further delay ETH season.
Until we reclaim the macro downtrend line, I expect ETH dominance to remain suppressed.

Altcoin Market Outlook
Despite the recent ETH/BTC breakdown, the broader altcoin market remains firmly in the "overtime accumulation window" we've talked about over the last few weeks. That thesis remains intact.
But let me emphasize: the clock is ticking.
While ETH struggles, altcoins still have a unique window to consolidate and reposition, especially after the August-October volatility. I continue to believe that accumulation is the right strategy here, but it must be done selectively. Don't chase. Don’t overexpose. Look for coins with structure and relative strength.
Once ETH/BTC breaks the macro downtrend, the altcoin window will slam shut. At that point, risk/reward compression and volatility will favor already established positions, not late entries.
🤑Airdrop Alpha
Be Early to the Next Gen Perp DEX on Solana
If you missed HyperLiquid, Lighter, Aster and others, this is an opportunity you don't want to miss.
And it's so simple, simply stake your SOL for 7-8% APY with Bulk Trade.
Here's why and how: https://x.com/cruzcontrol660/status/1985639693581709598
LoopScale Launches Vaults for Hylo's hyUSD and xSOL
Just letting hyUSD and xSOL sit idle in the wallet only earns you 5x points (and no yield) and 20x points, respectively.
But if you deposit them into the LoopScale Vaults, you get:
25x (compared to 20x) Hylo Points for xSOL
8x (compared to 5x) Hylo Points + 7% APY for hyUSD
While earning 3x LoopScale points.
Join LoopScale here https://loop.sl/i/UCMS0
Monad Early Reveal is Ongoing
You can now get an early preview into your Monad Airdrop. No changes are allowed after 3 Nov. I am personally seeing issues with the claim wallet (it is showing a random wallet that I don’t recognise) and changes periodically each time I sign in. Hopefully this is just an UI issue and will be fixed and/or will not affect the claim.
If you are experiencing similar issues, you can ask for help in their Discord.
Monad Claim Portal: https://claim.monad.xyz/
100+ Airdrop Opportunities in my Notion Airdrop Tracker: https://bit.ly/droptime
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