cryptexa

💵💸 Tether has minted another 1 billion USDT. According to Whale Alert, the new batch was issued on the Tron blockchain. Tether representatives clarified that this minting was part of the company’s inventory replenishment process — the tokens are not yet in circulation and will be used for future issuance based on market demand.

📱 Strategy bought an additional 487 BTC for $49.9 million at $102,557 per coin. As of November 9, 2025, the company holds 641,692 BTC, acquired for a total of $47.54 billion, with an average purchase price of $74,079 per Bitcoin.

🆕 Coinbase is launching a token‑sale platform for new digital offerings. According to the Wall Street Journal, the exchange has introduced a service allowing retail investors to buy tokens before they are listed on Coinbase — the first such initiative since the ICO craze of 2017–2018. 📍 The platform is set to hold about one token sale per month, with purchases made in USDC and only via projects vetted by Coinbase. 🚀 The inaugural offering will be from the startup Monad, with the token sale scheduled for next week. Coinbase also promises to list every token launched via its platform.

🇬🇧 Bank of England opens consultation on systemic stablecoins. On 10 November 2025 the Bank of England published a consultation paper setting out a proposed regulatory regime for sterling‑denominated systemic stablecoins. bankofengland.co.uk Key proposals: issuers may invest up to 60 % of backing assets in short‑term UK government debt; holding limits for individuals and firms; distinction between ‘payment’ vs ‘asset’ use cases of stablecoins.

🇵🇰 Pakistan is considering issuing a rupee-backed stablecoin. Banking sector leaders warn that without timely regulation of digital assets, the country could miss out on up to $25 billion in potential opportunities. The proposed stablecoin would provide a regulated digital asset tied to the national currency, making the crypto market more accessible for local companies and investors.

👀 CFTC plans to launch spot cryptocurrency trading on U.S. regulated exchanges, including leveraged trading, said acting chairman Caroline Pham.

💸 Binance founder Changpeng Zhao burns meme tokens worth nearly $500,000. CZ announced he decided to burn several different meme coins he’d received — explaining that it’s simply “wallet cleanup” and not a statement against the projects themselves. “Just clearing my wallet. The donation address only holds BNB. Next time I’ll probably sell the tokens I receive. Don’t send tokens to this address unless you want them sold on the market.” Unlike Vitalik Buterin, who also occasionally dumps meme tokens but donates all proceeds to charity, CZ emphasized practicality — aiming to avoid price dumps caused by unexpected token inflows. 🧩 Context: Both founders have received random meme airdrops due to their public wallets. Their different approaches highlight contrasting philosophies toward handling unsolicited crypto assets.

💰 Litecoin founder Charlie Lee admits he never expected such success. “I created Litecoin as a fun side project back in 2011. Fourteen years later, institutions are adding it to their balance sheets, and investors can access it through traditional markets. It’s wild to think this project will probably outlive me.” Charlie’s comment highlights how Litecoin, once considered a “testnet for Bitcoin,” has become a lasting part of the crypto ecosystem — one of the few early altcoins still relevant today.

🫢 Bitcoin ETFs saw $1.22 billion in net outflows last week — the third-largest weekly outflow in history, according to SoSoValue. Meanwhile, Ethereum spot ETFs also faced heavy pressure, with $507.83 million leaving the funds over the same period — a Top-3 record outflow since trading began. 📉 Such large outflows suggest investors are scaling back exposure amid market uncertainty and profit-taking after recent rallies.

🇰🇷 Bybit is expanding its grip on South Korea’s crypto market. The exchange is reportedly in talks to acquire Korbit, the country’s fourth-largest crypto trading platform — a move that could significantly strengthen Bybit’s presence in Asia. If the deal goes through, Bybit would gain access to South Korea’s regulated market and local fiat on/off-ramps — something most foreign exchanges still lack. 🧩 Context: Korbit is one of the few exchanges licensed under South Korea’s strict crypto regulations, alongside Upbit, Bithumb, and Coinone. Bybit’s entry could signal a new wave of competition in the region.