According to @dydxfoundation, an on-chain governance vote on the dYdX Chain proposes setting the default funding rate to 0 for TAO, TRUMP, USUAL, WLFI, XMR, XPL, ZEC and ZEN markets (source: https://twitter.com/dydxfoundation/status/1990317430674166007; source: https://www.mintscan.io/dydx/proposals/317). The vote ends on Nov 19, 2025 at 06:19 UTC (source: https://twitter.com/dydxfoundation/status/1990317430674166007). If approved, the default funding rate parameter for these dYdX markets would be set to 0 as specified in the proposal (source: https://www.mintscan.io/dydx/proposals/317).

According to @milesdeutscher, the Privacy narrative is the most obvious trend in crypto right now, and he referenced a recent write-up for further details. Source: https://twitter.com/milesdeutscher/status/1989941434720670061 and https://x.com/milesdeutscher/status/1989045366503985315 For traders, this call signals a near-term focus on privacy-related assets, with an emphasis on monitoring momentum, liquidity, and breakout setups tied to the Privacy narrative. Source: https://twitter.com/milesdeutscher/status/1989941434720670061

According to @balajis, crypto can be segmented into three eras with trading implications: Proof of Work from 2009 to 2017, Programmability from 2017 to 2025, and Privacy from 2025 to 203X, source: @balajis on X Nov 13 2025. For rotation screens, Proof of Work is represented by Bitcoin BTC which relies on proof of work consensus, source: Bitcoin whitepaper by Satoshi Nakamoto 2008. The Programmability era is led by Ethereum ETH which introduced general smart contracts that enable DeFi and NFTs, source: ethereum.org smart contracts documentation. The Privacy era maps to assets like Monero XMR and Zcash ZEC which implement privacy features at the protocol level, source: getmonero.org documentation and z.cash technology overview. Traders can use this timeline from @balajis as a catalyst to build a privacy narrative watchlist into 2025 focused on privacy coins and zero knowledge infrastructure that enables privacy preserving transactions and rollups, source: @balajis on X Nov 13 2025 and ethereum.org zero knowledge resources and z.cash technology docs.

According to @santimentfeed, social data show BTC is trending after a breakout above $106K, optimism around a US government shutdown resolution, growing acceptance via over 4 million Square merchants with zero-fee Bitcoin payments, and reinforced confidence from large purchases by Michael Saylor, making BTC pairs a key focus for liquidity and momentum trading (source: @santimentfeed). According to @santimentfeed, STRK is a top gainer with a 32% rise driven by development activity, protocol upgrades, strong staking, volume surges, notable token unlocks, and TVL nearing 2024 highs, positioning STRK pairs for elevated volatility and follow-through trades (source: @santimentfeed). According to @santimentfeed, UNI is trending on the ‘UNIfication’ proposal to activate protocol fees, burn millions of UNI, and unify core teams, introducing tokenomics changes and supply reduction that traders are monitoring for impact on UNI price and DEX fee flows (source: @santimentfeed). According to @santimentfeed, XMR is in focus after a 20% price jump amid discussions of default privacy, real-world payment adoption, and regulatory and delisting headwinds, making XMR markets sensitive to liquidity and headline risk (source: @santimentfeed). According to @santimentfeed, XRP is trending after five spot XRP ETFs were listed on the DTCC platform by Bitwise, Franklin Templeton, 21Shares, Canary Capital, and CoinShares, signaling potential institutional inflows that traders are watching across XRP spot and derivatives (source: @santimentfeed). According to @santimentfeed, USDT is trending as Tether reports $181B in assets and over $10B in profit, alongside strategic AI and infrastructure investments including a $150M AI commitment, backing Rumble, and plans to acquire Northern Data, with USDT pairs dominating new exchange listings and leverage activity (source: @santimentfeed).

According to the source, Reid Hoffman said crypto is the preferred payment rail for ransomware targeting critical infrastructure and hospitals. source: Reid Hoffman on X, Nov 8, 2025 Ransomware remains a material regulatory headline risk for BTC and privacy coins, with Chainalysis estimating ransomware revenues exceeded $1.1B in 2023, primarily paid in BTC. source: Chainalysis, 2024 Crypto Crime Report U.S. Treasury and OFAC have sanctioned mixing services used by ransomware actors, including Sinbad in 2023, tightening compliance expectations at exchanges that handle BTC flows. source: U.S. Treasury/OFAC press release, Nov 2023 Major exchanges have delisted privacy coins amid compliance concerns, such as Binance removing XMR on Feb 20, 2024, highlighting liquidity and listing risk for privacy-focused assets. source: Binance Token Delisting Notice, Feb 6, 2024

According to @CryptoKing4Ever, the next privacy coin wave will focus on low-cap projects rather than incumbents XMR and ZEC, with builders delivering practical use cases and stronger fundamentals that create trading opportunities, source: @CryptoKing4Ever. According to @CryptoKing4Ever, this positions low-cap privacy tokens as a watchlist sector where traders can track relative strength and liquidity versus XMR and ZEC during narrative rotations, source: @CryptoKing4Ever. According to @CryptoKing4Ever, emphasis should be on projects demonstrating real product traction and fundamentals within the privacy vertical, framing a sector-based momentum strategy rather than chasing large-cap incumbents, source: @CryptoKing4Ever.

According to @RhythmicAnalyst, Monero (XMR) has been consolidating for nearly eight years and is now near a breakout level, source: @RhythmicAnalyst on X, Oct 10, 2025.

According to @1HowardWu, privacy is essential because users would not broadcast bank statements or personal transactions, and decentralization matters because it prevents any single entity from censoring, freezing, or controlling transactions, reinforcing the core investment thesis for censorship-resistant networks such as BTC and ETH. Source: @1HowardWu. For trading, this underscores prioritizing assets whose primary utilities are privacy and non-custodial, censorship-resistant settlement, including privacy coins like XMR and ZEC and decentralized base layers like BTC and ETH, when constructing narrative-driven watchlists and assessing product–market fit. Source: @1HowardWu. Traders can operationalize this by monitoring liquidity, exchange listings, jurisdictional restrictions, and on-chain usage for protocols emphasizing privacy and decentralization, and by adjusting risk for regulatory headlines that directly affect the availability and control-resistance of these assets across spot and derivatives markets. Source: @1HowardWu.

According to @BitMEXResearch, Monero (XMR) may have experienced a deliberate 6-block chain reorganization tied to Qubic mining. @BitMEXResearch noted that with Monero’s 2-minute target block time, the reorg spanned roughly 12 minutes and was described as small. @BitMEXResearch added it is not clear whether a double-spend occurred or whether the event reflected selfish mining behavior.

According to Fox News, a rookie Philadelphia police officer was shot in the stomach while trying to break up a fight near a high school on May 8, 2025. This high-profile security incident has led to heightened concerns about public safety, which historically can drive increased interest in decentralized assets like Bitcoin and other cryptocurrencies as traders seek safe-haven options. Market analysts are monitoring sentiment shifts on crypto exchanges and social media following the event, noting a slight uptick in BTC and XMR trading volumes (source: Fox News, CryptoQuant).

According to MistTrack, there has been a significant laundering of ETH through the eXch platform, converting into BTC and XMR. This necessitates heightened risk controls by trading platforms to monitor and regulate funds originating from eXch to prevent illicit activities.