CoinMarketCap and Reserve Unveil CMC20, the First DeFi-Native Tradable Crypto Index Token on BNB Chain

Singapore’s main derivatives exchange will introduce two new cryptocurrency futures products this month, citing rising institutional interest in digital assets.

SGX Derivatives is launching Bitcoin and Ether perpetual futures, which are financial derivatives contracts enabling investors to bet on the spot price of the underlying asset without an expiration date.

In a Monday announcement, SGX said it is launching new trading products to meet what it describes as the “rising institutional crypto demand, converging TradFi and crypto-native ecosystems.”

The perpetual contracts will launch for trading on Nov. 24. Perpetual futures are among the most actively traded crypto derivatives globally and could become a significant new revenue stream for SGX.

The contracts will allow accredited and expert investors to trade exposure to the underlying assets without an expiration date. The offering will be regulated by the Monetary Authority of Singapore (MAS).

The next few days are shaping up to be one of the most active and significant weeks in XRP’s market history. After months of filings and regulatory progress, four major asset managers are expected to debut their spot XRP exchange-traded funds, marking a big moment for institutional access.

A Packed Launch Schedule

All four launches are scheduled within the same week, creating a rare, high-intensity rollout phase. According to current timelines, Franklin Templeton is expected to go live first on November 18, followed by Bitwise between November 19 and 20, while 21Shares and CoinShares are lined up for the November 20 to 22 window. This clustering of launches signals increasing institutional demand and confidence in XRP as a regulated investment product category.

Franklin Templeton Set to Lead the Wave

Franklin Templeton, one of the world’s largest asset managers, plans to launch its spot XRP ETF on November 18. With an estimated $1.5 trillion in company-level assets under management, the firm’s entrance is seen as a strong validation from traditional finance. Early modeling suggests meaningful institutional participation could follow, especially if volumes mirror the early days of Bitcoin and Ethereum ETF trading.

Bitwise Plans XRP ETF After Completing DTCC Listing

Bitwise is expected to begin trading between November 19 and 20 with its product, Bitwise XRP ETF. The firm has already secured DTCC listing approval and is finalizing launch readiness. Bitwise holds around $5 billion in assets and has prior experience with Bitcoin and Ethereum ETFs, placing it in a strong position to attract early institutional interest.

21Shares Expanding Global ETF Footprint

21Shares is expected to enter the market between November 20 and 22. The product is named 21Shares Core XRP Trust ETF and will likely list on Cboe BZX, one of the main US ETF exchange venues. The company manages roughly $7 billion and has a proven global track record with crypto ETFs across Europe and other regions.

CoinShares Expected to Enter With Institutional Custodians

CoinShares is also targeting the same week, with a November 20 to 22 launch window. Its ETF, listed as CoinShares XRP ETF, received DTCC approval and shows an estimated $5 billion in company AUM. The company plans to work with Gemini and BitGo as custodians, both recognized names in institutional crypto storage.

How Big Is the Institutional Landscape?

Recent public asset management figures show that Franklin Templeton sits far above competitors with an estimated $1.5 trillion in assets, while mid-tier ETF players like 21Shares, Bitwise, and CoinShares operate between $5 billion and $7 billion. Although these numbers represent full company AUM rather than seed capital, they reveal the growing financial scale entering the XRP ecosystem.

New Price Model Shows Wide Range of Outcomes

A new liquidity-driven pricing model being shared across analysts forecasts XRP could trade between .50 and $15 within 30 days after ETF activation and between $7 and $24 after 60 days.

The model is based on expected supply absorption and ETF inflow pressure, not hype or speculation. Final movement will depend on capital inflows, market sentiment, and overall crypto liquidity conditions.

Bitcoin, Gold, and Silver prices have reached major price levels where the market could soon flip direction, because early technical indicators suggest a possible reversal.

As of this writing, the prices of BTC, XAU, and XAG were testing critical support levels, amid elevated fear levels in the market and concerns over the pioneer cryptocurrency’s death cross.

Bitcoin Bulls Show Up Amid Death Cross Fears

Throughout the past weekend, crypto traders and investors discussed the death cross, a technical formation on the BTC/USDT trading pair that is expected to determine Bitcoin’s next directional bias.

Bitcoin was trading for $95,624 as of this writing, continuing its descent within a well-defined descending channel that has governed price action since early October.

Each attempt to break above the upper boundary has failed, and the price is now testing the lower channel support. The consolidation at current levels suggests that BTC is preparing for a decisive move.

The Volume Profile highlights a major liquidity cluster at $100,000–$105,600, which could present an overhead resistance. However, with the green horizontal bars representing bullish volume profiles, bulls are waiting to interact with the BTC price in these areas. Such bullish dominance could see the pioneer crypto.

BTC repeatedly rejected the $100,200 level, signaling strong sell pressure from trapped longs and larger players distributing near the psychological six-figure mark.

The RSI (Relative Strength Index) at 41 indicates bearish momentum, but with the potential for bullish divergence forming as the price nears the channel bottom. The Awesome Oscillator (AO) remains negative but is moderating, indicating weakening downside strength. This is a typical precursor to a relief rally.

Immediate support lies at $94,504, marking the lower boundary of the channel. A breakdown risks a deeper decline toward $92,000–$90,000, where the next VPVR (Volume Profile Visible Range) support band sits.

However, if bulls defend this zone and force a rebound, BTC could overcome the immediate resistance at $98,000, followed by the critical breakout zone at $100,198.

The next major trend shift hinges on whether Bitcoin holds the channel support. A confirmed breakout above $100,000–$102,000 would signal a bullish trend shift, while a breakdown risk accelerates the downtrend.

Gold Needs to Fill the Imbalance due to the FVG

Gold trades near $4,081, consolidating after a brief price drop on November 14, as indicated by the long red candlestick. This drop resulted in a Fair Value Gap (FVG) of approximately $4,135–$4,188, representing an inefficiency in the XAU/USD market that needs to be addressed.

The chart shows a textbook example of a supply overhang, where bearish volume profiles (red horizontal bars) overlap with the midline of the FVG (Consequential Encroachment or CE) at $4,135.

A break and close above this midline on the 4-hour timeframe will confirm the continuation of the uptrend.

The gold price is now trading at $4,081, with bullish volume profiles (green horizontal bars) overhanging above it, indicating XAU is in the hands of the bulls. This adds credence to the thesis that the gold price could extend its rally to fill the imbalance due to the FVG.

Beneath this sits a deeper Demand Zone at $3,983–$3,938, which historically attracted strong buying. If the price dips into this zone, a sharp bullish reaction is likely.

Momentum remains soft. The RSI at 42 is attempting a mild recovery but remains below the equilibrium level, indicating sellers still dominate.

The AO is deeply negative, confirming ongoing bearish momentum, although the histogram bars are shrinking, showing early signs of exhaustion.

For upside continuation, gold must reclaim the FVG at $4,135. A clean break and candle close above this zone would signal a bullish continuation toward $4,188 and the macro resistance at $4,244–$4,272. Conversely, failure to hold $4,061 risks a slide into the demand zone before any recovery.

Silver Risks Losing Support Due to the Trendline

Silver is currently trading around $50.88, attempting to stabilize after a sharp pullback from the recent high at $54.37.

The correction found temporary support near the 61.8% Fibonacci retracement at $50.96, which has now turned into resistance, aligning with a rising trendline of support. This suggests buyers and sellers are defending this zone aggressively.

The Volume Profiles show a heavy node between $49.80–$51.20, indicating high liquidity and strong interest; this zone acts as a magnet for price.

A decisive close above the 61.8% Fibonacci retracement level could open the door back toward the 78.6% Fibonacci level at $52.46 and ultimately retest $54.37.

However, a breakdown below the trendline would expose key supports at the 50% midrange of the Fibonacci indicator, at $49.91, and the 38.2% Fibonacci retracement level, at $48.86, both of which sit within strong previous consolidation.

Momentum indicators lean neutral-bearish. The RSI at 45 indicates a recovery attempt but remains below its midline, suggesting indecision following recent selling pressure.

The Awesome Oscillator is printing red bars, hinting that bearish momentum remains in control but is weakening.

Overall, silver is at a critical support, where bulls must hold the trendline. A bounce from here could fuel a new rally, while a breakdown risks a deeper correction toward $48–$49.

Crypto analyst Colin has revealed that the Bitcoin price has flashed a death cross, which he noted was bullish for the flagship crypto. This comes amid BTC’s recent decline, which has erased all its year-to-date (YTD) gains. 

Bitcoin Price Flashes Death Cross, Marking Potential Bottom

In an X post, Colin stated that a death cross just flashed for the Bitcoin price, with the “ironically” bullish indicator triggering at the same time that BTC tagged the lower boundary of its megaphone pattern. The analyst noted that this is a bullish setup from this point forward, as the death cross often marks bottoms. He indicated that this is likely the bottom, as BTC has ended at the lower end of the megaphone pattern channel. 

Colin remarked that these factors combined indicate a high likelihood of a move up for the Bitcoin price from its current level. He added that a bounce is likely in the short term. However, the analyst noted that the bigger question is whether this would be a bounce to new all-time highs (ATHs) or just a relief rally on the way down in a bear market. Regardless of what happens, he is optimistic that an upward move will occur in the short term. 

Colin also alluded to the fact that the Federal Reserve will end quantitative tightening (QT) by December, a move which he described as another bullish catalyst for the Bitcoin price. This move is expected to inject more liquidity into the BTC and possibly spark higher prices for the flagship crypto. The Fed could also cut rates again at the December FOMC meeting, which would be a bullish catalyst for Bitcoin. 

Another Analyst Confirms Death Cross

Popular crypto analyst Benjamin Cowen also confirmed that the Bitcoin price just had a death cross. He noted that prior death crosses have marked local lows in the market. However, he added that the death cross rally fails when the cycle is over, which could be the case this time if the bull market is over. 

Cowen stated that the time for the Bitcoin price to bounce if the cycle is not over would start within the next week. The analyst further remarked that if no bounce occurs within one week, another dump is likely before a larger rally back to the 200D SMA, which he claimed would mark a macro lower high. Meanwhile, market analyst Subu Trade shared data on how BTC has reacted after historical death crosses. The last death cross occurred in April this year, and the flagship crypto recorded a 22% gain following it. 

At the time of writing, the Bitcoin price is trading at around $95,100, down in the last 24 hours, according to data from CoinMarketCap.

The Trump Organization and Dar Global, a Dubai-based luxury real estate developer, are partnering to develop a Trump-branded luxury resort in the Maldives that will incorporate tokenization.

The tokenization model will enable blockchain-based participation in the hotel development, marking a novel approach to resort financing. The project will be built in phases across the island destination.

The partnership represents the Trump Organization's expansion into crypto-integrated real estate development, combining traditional luxury hospitality with digital asset innovation in one of the world's premier resort destinations.

Decentralized-exchange aggregator 1inch has introduced Aqua, a new liquidity protocol that, the team says, could improve how capital moves through decentralized finance.

The new protocol, announced on Monday at Devconnect in Argentina, opens early access to Aqua’s software development kit, libraries and documentation — giving developers the ability to test, integrate, and shape what 1inch claims is the first shared liquidity engine in DeFi.

Devconnect — a gathering of developers, researchers, and protocol teams — has long been a venue for unveiling technical advances primarily focused on the Ethereum ecosystem. Against that backdrop, 1inch framed Aqua as a crucial liquidity primitive built to tackle capital fragmentation issues that have historically constrained the largest DeFi ecosystem.

1inch argues that today’s liquidity landscape forces protocols to compete for user deposits, forcing liquidity providers to choose between single-strategy pools and locked positions that limit opportunity cost. Aqua’s shared-liquidity model aims to reverse that logic, offering broader ecosystem liquidity, unrestricted self-custody, and a design that composes easily across chains and protocols.

For developers, Aqua removes deposit and withdrawal logic entirely. Applications query balances rather than manage funds, letting builders focus on strategy design rather than pool mechanics. For end users, the model promises capital efficiency without surrendering custody.

“Aqua solves liquidity fragmentation by multiplying effective capital,” co-founder Anton Bukov said. Fellow co-founder Sergej Kunz added that Aqua is intended as a foundational layer for capital-efficient DeFi, mirroring the team’s 2019 work on aggregation.

Instead of users depositing, splitting, or locking capital inside various pools, Aqua turns each wallet into a self-custodial Automated Market Maker. This way, strategies can pull and return liquidity atomically under predefined rules, the team stated. 1inch said this design creates a multiplier effect, as the same capital can be applied to multiple approaches without being siloed — doubling or even tripling effective liquidity, depending on the setup.

Additionally, the developer release enables builders to either create strategies from scratch or use the SwapVM instruction library to assemble new channels. 1inch is also offering bounties of up to $100,000 for contributions, bug discovery, and performance improvements.

Infrastructure expansion

1inch operates one of the largest DeFi ecosystems, known primarily for its DEX aggregation engine, which facilitates low-cost token swaps for more than 26 million users and processes over $500 million in daily trading volume. Beyond aggregation, the company offers a self-custodial wallet, portfolio tools, business routing infrastructure, and integrations across major EVM and non-EVM networks.

Aqua's release follows a series of integrations and feature rollouts across 1inch’s stack. Earlier this year, Coinbase integrated 1inch’s API to improve swap execution in its flagship retail app. The project also introduced native cross-chain swaps between Solana and EVM networks, aiming to reduce friction for multichain movement.

Before that, 1inch launched an upgraded Pathfinder routing algorithm to deliver improved swap rates across hundreds of pools and liquidity sources. Those updates have helped cement 1inch’s position as the second-largest DEX aggregator on Ethereum by market share, according to The Block’s data.

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