Cryptocurrency & Blockchain breaking news

Two distinct but related developments on November 28th underscored the rapid push for compliant, global stablecoin infrastructure—a foundational component for integrating crypto with traditional finance.

Following weeks of severe corrections that pushed Bitcoin (BTC) as low as the $87,000 range, the cryptocurrency staged a crucial rebound on November 28th, moving decisively back above the $90,000 level.

The global trading and investing platform eToro announced a significant expansion of its services in the United Arab Emirates (UAE), a region rapidly emerging as a financial technology hub.

The SIX Swiss Exchange (SIX), a primary global stock exchange, announced a major step in institutionalizing crypto trading by listing the world's first triple-leveraged (3x Long) and triple-short (-3x Short) Exchange-Traded Products (ETPs) on both Bitcoin (BTC) and Ethereum (ETH).

BitMine Immersion Technologies (NYSE AMERICAN: BMNR) announced on November 24th that its holdings of Ethereum (ETH) have reached 3.63 million tokens, equivalent to 3.0% of the entire ETH network supply.

Despite the long-term accumulation efforts of corporate treasuries, the broader crypto market on November 24th remained subdued and fragile, with Bitcoin (BTC) trading near $86,000 following its worst weekly loss since 2022.

Tether, the issuer of the world's largest stablecoin, USDT, announced a major strategic investment into Parfin, a London-based fintech company with extensive operations across Latin America.

The selloff pushed Bitcoin's price down over 35% from its October peak and coincided with broad weakness across risk assets, including a slump in major stock indices.

The volatility that has gripped the crypto market for the last six weeks intensified, with Bitcoin (BTC) briefly plunging below the $90,000 level on November 18, 2025.