Yesterday, a mysterious whale that initiated a large short position HYPE and faced partial liquidation has continued to add to their HYPE short position.

On November 25th, NFT Whale and the token issuance platform boop.fun's founder, dingaling, announced that he will withdraw from the forefront of the boop.fun platform and serve as an advisor. bakraparty will lead the project to "forge ahead." In April of this year, dingaling posted on social media: "The Solana-based token issuance platform boop will be launched this week, and an airdrop will be conducted at the time of launch to reward trading users." However, the airdrop for the project was unsuccessful. On May 11th, Boop.fun released an update on the BOOP airdrop, stating: "We will end the new airdrop claim ahead of schedule. The current airdrop mechanism did not create the platform value as we expected. Instead, it was exploited and manipulated, disrupting the overall experience."

November 25th - Although Trump will not be on the ballot in the next November's midterm elections, he is fully committed to a last-ditch effort. This election is of great significance to his presidential term and political life. According to 9 Republican strategists involved in the election, he is making calls to candidates, endorsing early, formulating strategies, and promoting economic messages in an attempt to maintain Republican control of Congress. “Presidents usually do not get involved until the later stage of the campaign,” said Bill Galston, a former senior adviser in the Bill Clinton White House. He added, “This level of engagement at this time is highly unusual.” Six GOP insiders told Reuters that Trump hopes internal candidates will run on his tax cut plan as a campaign theme. The plan was passed by the Republican-controlled Congress in July. Their aim is to make voters understand that after filing taxes in April next year, they will receive more tax refunds from the IRS,

On November 25th, Bitget Wallet announced the commencement of the cryptocurrency "Bank Transfer" feature in Nigeria and Mexico. This enables users to promptly transfer USDT/USDC in fiat form to their local bank accounts in a secure and rapid manner. This feature supports users in using USDT and USDC on the BNB Chain, Ethereum, Solana, Tron, and Base networks, with funds expected to reach within seconds. According to official data, the service has currently connected to more than 45 banks in Nigeria and over 35 banks in Mexico. Bitget Wallet CEO Karry Cheung stated that the introduction of the bank transfer feature is a crucial implementation of Bitget Wallet expanding its PayFi payment solution to emerging markets. In regions like Nigeria, bank transfers are the most commonly used payment method in daily life, ranging from small purchases to daily expenses. By integrating stablecoins with the local mainstream bank transfer system, this feature aims to expand the scope of stablecoin p

On November 25th, WLFI Morning announced that they are making an investment in the Solana ecosystem meme coin SPSC. In reaction to this news, the relevant token witnessed a short-term surge of 43%. As of the time of writing, the market capitalization of SPSC reached $7.71 million, and it had a 24-hour price increase of 139.8%.

On November 25th, the Canadian digital asset infrastructure company and QCAD digital trust fund service provider, Stablecorp Digital Currencies Inc. (referred to as "Stablecorp"), announced today that, following years of regulatory approval procedures, the QCAD digital trust fund has obtained the final prospectus receipt, which complies with the current Canadian stablecoin regulatory framework, enabling the issuance of QCAD tokens. This indicates that QCAD is the first regulated Canadian dollar stablecoin.

On November 25th, a publicly traded Japanese company, MetaPlanet, announced that it had executed a new loan of $130 million under a line of credit agreement, with its held Bitcoin serving as collateral. The credit line has a maximum limit of $500 million, and the total usage has reached $230 million. The company currently possesses 30,823 BTC, which is sufficient to meet the collateral requirement. The raised funds will be utilized to further purchase Bitcoin, promote Bitcoin revenue businesses, and buy back stocks when market conditions permit. The company anticipates that this loan will have a slight impact on its performance in 2025.