Stay updated with live coverage of the crypto market on Nov. 26. Let’s explore whether the recent crypto downturn is ending.
Bitcoin BTC $90 836 24h volatility: 0.4% Market cap: $1.81 T Vol. 24h: $16.41 B is hovering around $87,780, continuing its downward trend as November stands out as one of the weakest months in the current cycle. What else is happening in the crypto market on Nov. 26?
Cosmos (ATOM) is holding a $1 billion market cap despite a sharp weekly drop. The ecosystem is launching a major research initiative to redesign ATOM’s long-term economic model around real revenue instead of inflation.
Multiple research teams will analyze supply, demand, and sustainability before the community votes on a final design. Meanwhile, ATOM trades near key support, with a potential rebound forming if buyers hold the $2.40 zone.
1/ ATOM Tokenomics are changing 🔥
— tøny (@tonyler_) November 25, 2025
One of crypto’s few truly decentralized networks is about to undergo its biggest transformation yet!
The community gets full control over what happens next for $ATOM.
A thread 🧵 👇 pic.twitter.com/UOJQYsS91e
Naver Financial has unveiled plans to acquire Dunamu, the operator of Upbit, through a stock-swap deal valued at approximately 15.1 trillion won ($10.3 billion).
Naver Financial will issue 87.56 million new shares to Dunamu’s shareholders. This will make Dunamu a wholly owned subsidiary of the fintech firm.
The exchange ratio was determined via an external discounted cash-flow valuation, setting the corporate value ratio at 1:3.064569. After accounting for each company’s outstanding shares, the final share exchange ratio was calculated at 1:2.5422618.
Cardano Foundation has received 74.5% community approval to pursue the .ada and .cardano top-level domains, clearing the way to apply through ICANN. This marks the first time in 13 years ICANN is accepting applications of this kind.
Following the announcement, ADA’s price rose slightly by 0.29%, reaching $0.4171. The move strengthens Cardano’s digital presence and could boost trust and accessibility across its ecosystem.
With 74.5% approval, the Cardano Foundation thanks the community for supporting our governance action to secure .ada and .cardano generic top-level domains.
— Cardano Foundation (@Cardano_CF) November 26, 2025
We will now begin preparing the @ICANN applications in collaboration with the community. https://t.co/OIZd4GLyOn
Reliance Global has moved its entire crypto treasury into ZCash (ZEC), citing long-term potential and privacy features. Cypherpunk Technologies also bought 200,000 ZEC this month.
ZEC is up 40% this month, hitting $730 before dropping to $500. Analysts say the token remains bullish as long as key support levels hold.
💎 $ZEC — Time to Buy the Dip?$ZEC is now sitting right on its resistance-turned-support trendline — a key spot buyers have defended for weeks. As long as price holds above this trendline, the structure remains bullish. 📈
— CryptoPulse (@CryptoPulse_CRU) November 26, 2025
If momentum continues, a move back toward the $730+… pic.twitter.com/TpJhFSpb8U
South Korean digital bank KakaoBank has reportedly begun developing a won-backed stablecoin dubbed Kakao Coin.
The bank is currently building the blockchain infrastructure needed for the project and has started hiring backend developers specializing in blockchain services.
According to the job listing, these specialists will help design blockchain-based service architectures, manage cryptographic keys, and develop transaction processing systems.
It has also been revealed that KakaoBank is preparing to launch a security token offering (STO) using blockchain technology. To support this initiative, the bank has formed partnerships with Korea Investment & Securities and Lucent Block.