Crypto Benzai

🎉🎉 Ethereum turns 10 today, Happy birthday 🎉🔥🔥

Who do you think this genius little baby is ??

Kazakhstan plans tokenized government bonds for Q1 2027

Kazakhstan is taking sovereign debt onchain.
The National Bank says it will issue tokenized government bonds with the Finance Ministry, most likely in Q1 2027. Governor Timur Suleimenov announced it at the Congress of Financiers in Almaty.
The test run is done. On Nov 9 the central bank sold 10 billion tenge of 91-day notes in tokenized form on KASE, at an average yield of 15.72%.

Which country moves its bonds onchain next?

103,000+ sign petition to bring Jensen Huang back to Nvidia
The "Stand with Jensen" letter to Nvidia's board just passed 103,000 names. The site lists 5,300+ current Nvidia staff among them, plus 55,000+ shareholders.
Huang resigned on Nov 12 amid a board investigation. The letter asks the board to reinstate him while the probe runs, and to show its evidence.
Elon Musk says he signed. Altimeter and Atreides, holding about $2.13B in $NVDA , want a slow CEO search that leaves room for his return.
Signatures aren't verified yet.
Does the founder deserve a second shot?

Arbitrum led stablecoin growth in the last 24h
Stablecoins are piling into $ARB land.
Arbitrum One added $91.8M in stablecoin market cap over 24 hours, the most of any chain, per Token Terminal data shared by Arbitrum. Aptos (+$18.2M), Sui (+$10.3M) and OP Mainnet (+$9.9M) were also near the top.
The market is red, but stablecoin balances keep climbing.

What do you think that money is waiting for?
#Arbitrum #Stablecoins #DeFi
Source: Arbitrum on X

$XLM 1H: range floor gone, $0.135 is the line
$XLM trades near $0.137, down about 8% in 24h.
For five days it ranged from $0.142 to $0.151. Buyers defended $0.142 on Nov 10 and Nov 12. Today that level gave way and price tagged $0.135.
Resistance: $0.140, then $0.142.
Support: $0.135, today's low.
Reclaim $0.142 and the range is back. Lose $0.135 and there's no clean floor on this chart.
Stance: bearish below $0.142. Not financial advice.

Where's your level on $XLM ?

PEPE found the stairs
$PEPE is down about 18% this week.
The frog never stopped hopping. It just picked the staircase going down. 😅

Who's still holding the frog?
#pepe #memecoins #CryptoMemes
Source: Binance PEPEUSDT chart

Every US flight is grounded right now ✈️

The FAA just ordered a nationwide ground stop after a communication issue hit all Air Route Traffic Control Centers. No departures until further notice. Planes in the air can land. FlightAware counts nearly 7,000 flights delayed or cancelled. Per Reuters, it's only the second full stop of US departures since 9/11.

Meanwhile $BTC is still settling blocks every 10 minutes. How much of the world still runs on one central system?

Elon says he's signing the petition to bring Jensen back 👀

Jensen Huang resigned as Nvidia CEO on Nov 12 after 33 years running the company. CFO Colette Kress is interim CEO. Now Elon Musk says a petition to reinstate Jensen is underway and he's signing it too. Inside Nvidia, an internal post backing Jensen has drawn 1,600+ comments. AI drives a big part of this market, so every Nvidia headline hits AI tokens too.

What happens to AI coins if Jensen comes back?

ether.fi now mints tokenized stocks on Optimism
ether.fi users can now mint and redeem 1,500+ tokenized stocks on OP Mainnet, powered by xStocks. Optimism says the full Russell 1000 is covered, from NVDAx and TSLAx to SPYx and QQQx. No bridges or wrappers. ether.fi says you can hold them and use them as collateral. Stocks next to ETH, stables and gold in one app. $ETHFI $OP
Would you post tokenized stocks as collateral?

Bitcoin difficulty is set for a big cut
Bitcoin's next difficulty adjustment is tracking about -7.9%, per mempool.space, in roughly 26 hours. Blocks are coming in every 10.9 minutes on average, slower than the 10 minute target. That usually means some hashrate went offline. The last adjustment was +5.5%. If it holds, miners still running get an easier ride. $BTC sits near $71,500.
Anyone here still running a miner at home?

🇹🇭 Thailand lets tourists spend crypto at the till
WORPT held its official launch in Bangkok yesterday. Foreign tourists convert $USDT or $USDC into baht inside the app, then pay any shop that takes Thai QR. Merchants still get plain baht, so nothing changes for them. It runs inside the Thai SEC's Tourist DigiPay sandbox for 18 months. E-passport holders only, Thai citizens can't use it yet. A Visa prepaid card is due mid-November.

Would you pay for street food with stablecoins?

🇹🇷 FSB to Türkiye: now build the stablecoin rules
The Financial Stability Board just published its second peer review of Türkiye. Real progress, it says. Crypto firms now need registration and licences, custody is strictly separated, and crypto can't be used for domestic payments. The gap is stablecoins. There's still no framework for issuers. The FSB wants rules on reserves, redemption and stabilisation, plus tougher supervision and cross-border data sharing $USDT $USDC

How fast do you think Ankara moves on this?

Source: FSB press release and FSB peer review report

Throwback: the day BlackRock's BUIDL went multichain
Two years ago today, Nov 13 2024, BlackRock took its tokenized fund BUIDL beyond Ethereum. New share classes went live on Aptos, Arbitrum, Avalanche, OP Mainnet and Polygon, tokenized by Securitize. Fees: 20 bps on Aptos, Avalanche and Polygon, 50 bps on the rest. It held about $520M back then. Yesterday Securitize and Ethena added a $100M 24/7 liquidity line for it. $AVAX $ARB $APT

Which chain should BUIDL land on next?
#Tokenization #RWA #CryptoHistory
Source: Securitize on X, BlackRock and Securitize press release and CoinDesk's post on X

Four SEC and CFTC nominees head to the Senate
The White House sent four regulator nominations to the Senate on Nov 12. SEC: Kristin N. Johnson and Steven Levine, who would fill Hester Peirce's old seat. CFTC: Nathan Anonick and Matthew Rowland. The SEC has only 2 of 5 seats filled right now, and the CFTC has just one. All four still need confirmation. Every rule touching $BTC and $ETH runs through these two agencies.

What's the first crypto rule you want a full SEC to tackle?

Source: White House nominations sent to the Senate

An ETH treasury firm is selling ETH to keep its Aave loan safe
Nasdaq listed BTCS says in its new 10-Q that it sold $ETH below cost to manage collateral and health factors on Aave. As of Nov 9 it owed about $64.1M, backed by roughly 46,676 ETH worth $99.3M at $2,127. $ETH now sits near $1,944. No liquidations as of Nov 11, per the filing. CoinDesk puts the liquidation line near $1,717 if nothing changed.

Should treasury companies borrow against their ETH at all?

$APT bounced off $0.52. The trend still prints lower highs
$APT trades near $0.546 after wicking to $0.521 overnight. The 1H chart has stepped down since $0.62 on Nov 7, and every bounce tops lower: $0.60, $0.596, $0.586, $0.559. Support $0.535, then $0.521. Resistance $0.550 to $0.553, then $0.559. Hold $0.535 and a retest of $0.559 is fair. Lose $0.521 and fresh lows open up. My stance: bearish below $0.56. Not financial advice.

Where's your line on APT?

$ZEC got shy at $999
ZEC climbed to $999.12. 88 cents from four digits. Then it remembered it's a privacy coin and stepped out of the spotlight. 🫣 $ZEC now sits near $944, down about 3.8% on the day.

Which of your bags keeps chickening out at round numbers?

🇬🇧 UK bank Griffin raises $20M to build stablecoin rails
Griffin, a fully licensed UK bank for fintechs, closed a $20M Series B led by Octagon Partners at a valuation above $100M. The money goes into card issuing and stablecoin services: reserve capabilities for stablecoin businesses and on-chain cross-border payments. 80+ companies already build on it, Uber included. One more licensed bank plugging straight into stablecoin payments.

Which bank do you think goes stablecoin next?

Source: Griffin's Series B announcement

Russia sets a date for exchange crypto trading
The Bank of Russia says exchanges can start organised crypto trading from Nov 22, once it signs off on their trading rules. Venues must register brokers and other participants, log every order and publish prices. Separate rules from Nov 17 let regular investors buy only $BTC, $ETH and $USDT , capped at 300,000 rubles a year per intermediary. Moscow Exchange is aiming for Dec 1.

Would you trade crypto through a capped, regulator-approved exchange?

Source: Bank of Russia press release

BARD skipped the stairs

Three days of slow bleeding from $0.11 to $0.08. Then two hourly candles sent $BARD to $0.138. Now ~$0.124, up 44% in 24h while $BTC is down 3.7%. Took the stairs down, the elevator up.

Anyone catch that candle?