Friday Forecasts: 28/11/25
November 28, 2025
Your weekly pulse on markets, narratives, protocols, and policy.
Market Pulse
$40M Whale Flips Long as Ethereum Clings to $2.8K—Is a Major Move Coming?
A major Ethereum whale who previously profited from shorting the October crash is now long tens of millions of dollars in ETH just as the asset retests its 2,800 dollar support zone. Together, the fresh leveraged bet and the key chart level put Ethereum at a decision point that could shape the next phase of the cycle.
Tom Lee’s Bitmine Immersion Doubles Down on ETH With $82M Buy
A wave of selling has pushed crypto markets into deep volatility over the past month, but one company seems determined to move in the opposite direction.
While retail traders panic-sold, Bitmine Immersion Technologies quietly increased its Ethereum reserves again, picking up a massive batch of ETH worth around $82 million.
Narratives to Watch
Franklin Templeton and BlackRock square off on XRP
Franklin Templeton joined the XRP-linked investment products lineup on Monday with the launch of the Franklin XRP Trust (XRPZ) on NYSE Arca. Other big ETF players like BlackRock have yet to file for funds tracking Ripple’s token, and Geraci is on the fence on whether they ever will.
Reacting to commentary from Franklin Templeton’s head of ETF product, calling XRP foundational, President of NovaDius Wealth Management Nate Geraci said there is a competition between asset managers on branded exposure to leading cryptos.
Blazpay ($BLAZ) Phase 4 Gains Unstoppable Momentum as Rising BNB Valuations Transform Crypto Presale 2025 Trends
The best crypto coins to buy are rapidly shifting as AI-driven utility platforms gain dominance across the Web3 landscape. As market sentiment circles around the accelerating Crypto Presale 2025 cycle, Blazpay ($BLAZ) has emerged as one of the most closely watched projects. The presale entered Phase 4 just as major assets like BNB began gaining renewed attention, forming a strong narrative around scalability, AI integration, and multi-chain evolution.
Protocol Watch
Ethereum raises block gas limit to 60M as ecosystem throughput hits new records ahead of Fusaka upgrade
Toni Wahrstätter, a researcher at the Ethereum Foundation, announced the increase on X, calling it the culmination of a year-long community effort to increase base-layer capacity.
DeepSnitch AI 100x Crypto: Privacy Fears and ETF Launches Confirm DeepSnitch AI Is Primed for a Moonshot
Bitcoin just saw its steepest 30-day drop of the cycle, shedding 1.3 million BTC in forced deleveraging. Meanwhile, Ethereum’s Vitalik Buterin flagged privacy risks on X, and Bitwise’s CIO highlighted rising value-capture mechanisms as a potential driver for a 2026 rebound.
The market may seem to be going haywire, but for those after major gains, there’s no better buying time for early-stage cryptos with room to run.
Regulatory Radar
UAE’s new financial law pulls DeFi and Web3 into regulatory scope
Federal Decree Law No. 6 expands the UAE central bank’s authority over DeFi, ending the “just code” defense and imposing penalties of up to $272 million.
A new financial law in the United Arab Emirates is set to bring decentralized finance (DeFi) and the broader Web3 industry under regulatory parameters, signaling an important shift for the industry.
Spain’s junior ruling party proposes 47% crypto tax in ‘attack against Bitcoin’
Spain’s Sumar party reportedly wants to raise crypto taxes to 47%, classify all digital assets as seizable and introduce a “risk traffic light” system.
Spain’s Sumar parliamentary group has introduced amendments to reform three major tax laws affecting cryptocurrencies, including the General Tax Law, Income Tax Law and Inheritance and Gift Tax Law, according to local media.
Moonrig Perspective
Markets are maturing — and so are narratives.
Real opportunity now lies in utility-backed protocols, tokenomics with intent, and cross-chain infrastructure.
This is where Moonrig gives you the edge:
Smarter research via Moonbase
Strategic portfolio design via BUIDL
360-degrees view of your Crypto holdings via HODL
Turn intelligence into strategy. Stay ahead with Moonrig.
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