Crypto panic grows on Nov. 5. Explore the key events shaping market sentiment today.
Mastercard, Ripple, Gemini, and WebBank announced a collaboration to test settling traditional credit card transactions using Ripple’s RLUSD stablecoin on the XRP Ledger, marking one of the first times a regulated US bank will use stablecoin technology for conventional card payments.
Dashboard showing that Ripple has pushed past the $1B milestone recently | Source: rwa.xyz
The partnership, revealed at Ripple Swell 2025 conference, comes as RLUSD reaches $1 billion in circulation and Ripple secures $500 million in funding at a $40 billion valuation.
Read more details here.
Solana ETFs recorded $14.9 million in net inflows on November 4, led by Bitwise’s BSOL with $13.2 million, outperforming Bitcoin and Ethereum ETFs which experienced combined outflows of $785.8 million.
Bitcoin, Ethereum, and Solana ETF flows (US$m), as of November 5, 2025 | Source: Farside
Despite this institutional interest, SOL price dropped to $146 before recovering above the critical $155 support level, with total Solana ETF flows reaching $284 million compared to Bitcoin’s $60.4 billion and Ethereum’s $14 billion accumulated inflows.
Read more details here.
Wyoming Senator Cynthia Lummis rejected calls to revise the GENIUS Act despite banking industry complaints about stablecoin regulations that prohibit issuers from paying yield while allowing crypto exchanges like Coinbase to offer rewards.
Digital assets are the future, and we need to make sure community banks are embracing the opportunity to bank both fiat currency and digital assets. pic.twitter.com/Hb2RMxCN7a
— Senator Cynthia Lummis (@SenLummis) November 5, 2025
The senator maintains that reopening the legislation would be too difficult after the challenges faced in passing it, instead urging community banks to adapt to digital assets or risk becoming obsolete in the evolving financial landscape.
Read more details here.
Ripple Labs secured $500 million in funding led by Fortress Investment Group, alongside Brevan Howard and Marshall Wace, reaching a $40 billion valuation.
2025, without a doubt, has been an incredible year for @Ripple, and a record year for crypto as a whole. Although we have a couple of months left, this announcement feels like the cherry on top of a mountain of good news:
— Brad Garlinghouse (@bgarlinghouse) November 5, 2025
Today we announced a $500M investment in Ripple, from… https://t.co/vuMAQfKo1n
The investment comes as Ripple’s RLUSD stablecoin surpassed $1 billion in market cap, becoming the tenth largest dollar-pegged stablecoin within a year of launch with 1,278% year-to-date growth.
Read more details here.
WisdomTree and Chainlink launched a live net asset value feed for the CRDT tokenized private credit fund on Ethereum, delivering decentralized pricing data through 16 independent oracle operators.
The CRDT fund, which launched in September with a $25 minimum investment, tracks 35 alternative assets across Ethereum and Stellar blockchains, with the new infrastructure enabling on-chain applications to verify the fund’s value through cryptographically-verifiable data.
Read more details here.