[ECB Governing Council Member Vujčić: Rate cuts require a downward inflation trajectory] On November 26, ECB Governing Council Member Vujčić stated that in order to cut rates again, a downward inflation trajectory must be observed.

[CleanSpark Settles Coinbase Credit Line, Net Profit Margin Nears Break-Even] CleanSpark has settled all outstanding balances with credit institutions Coinbase and Two Prime as of November. The company still has approximately $400 million in undrawn credit from its committed credit facilities. Recently, Bitcoin hash rate prices have dropped to around $35/PH/s, compressing industry profitability. Although CleanSpark's cash hash rate costs are relatively low, its net profit margin has approached the break-even point following the Bitcoin price correction.

[Naver Agrees to Acquire Upbit Parent Company Dunamu in an All-Stock Deal Valued at Approximately $10.3 Billion] South Korea's largest portal site, Naver Corporation, has agreed to acquire Dunamu, the operator of South Korea's largest cryptocurrency exchange platform Upbit, through an all-stock transaction valued at approximately $10.3 billion. According to regulatory filings, Naver's fintech subsidiary, Naver Financial Corp., will complete the acquisition by issuing 2.54 new Naver shares for every 1 Dunamu share held.

The crypto asset manager is converting its Zcash Trust into a spot ETF, betting on rising demand for privacy coins as ZEC outpaces BTC and ETH.

Wall Street research firm Bernstein said the move — which Robinhood made in conjunction with market-making giant SIG — raises the stakes for competitors like Polymarket and Kalshi.