BTC breaks through $89,000

- Coinbase Bitcoin Premium Index hits 27-day negative streak, signaling U.S. institutional selling pressure amid $84,500 price decline. - Bitcoin ETFs lost $3.79B in November, led by BlackRock's $2.47B IBIT outflows, while Solana ETFs gained $531M from staking yields. - Weekend trading pauses briefly reverse negative premiums, but weekday institutional selling dominates Bitcoin's short-term trajectory. - Experts warn sustained bearishness requires premium index normalization, with Ark Invest cutting 2030 B

- Bittensor's TAO token surged after Safello's ETP listing on SIX Swiss Exchange, reaching $10B monthly volume and 7% daily gains. - Clearside Biomedical filed Chapter 11 bankruptcy with $50M-$100M liabilities, while ProMIS executed 1-for-25 reverse split triggering 18.8% drop. - U.S. CMS slashed prices for 15 major drugs up to 70%, and China's Vanke delayed 2B yuan bond repayment amid property crisis concerns. - Market divergence highlights crypto's institutional adoption versus traditional sectors' regul

- NYSE Arca approved multiple altcoin ETFs (XRPZ, GDOG, GXRP, BWOW), expanding crypto access with institutional-grade products. - Grayscale's XRPZ saw $90M inflows amid market declines, while Dogecoin ETFs face liquidity challenges despite cultural appeal. - XRP futures hit record volumes, and Zcash's ETF conversion proposal highlights privacy token demand amid regulatory gaps. - Altcoin ETFs struggle to compete with Bitcoin's dominance, with DOGE's $22B market cap underscoring speculative risks and opport

- Xapo Bank expanded its Byzantine BTC Credit Fund after $100M in institutional allocations, reflecting growing demand for Bitcoin-backed yield products. - The fund uses Hilbert Group's institutional-grade lending process to generate low-risk returns for Bitcoin holders through collateralized loans. - Xapo's expansion follows 2022 lending sector collapse, leveraging regulatory compliance in Gibraltar/Cayman to rebuild institutional trust in Bitcoin collateral. - The product differentiates from ETFs/stablec