Daily Summary, 28 November

News of the Day, November 28

Analytics and Forecasts

* Analysts at Glassnode believe that for market growth, increased demand from large buyers is necessary.
* The CEO of CryptoQuant notes that Bitcoin’s on-chain indicators are showing a bearish trend, and further growth depends on macroeconomic liquidity.
* Arthur Hayes predicts that by the end of 2026, the pricing of the largest US stocks may shift to the on-chain space, and the market will be guided by perpetual contract charts.

Regulation and Institutional News

* The National Bank of Kazakhstan has formed a separate crypto reserve within its gold and foreign currency assets structure and plans to invest up to $300 million in crypto assets.
* In Uzbekistan, starting January 1, 2026, stablecoins will begin to be used as a means of payment.
* In Turkmenistan, mining and the activities of crypto exchanges have been officially legalized.
* Switzerland has postponed the launch of the automatic exchange of tax information on crypto assets (CARF) until at least 2027.

Cryptocurrency Services and Products

* The Trust Wallet has added support for Apple Pay and Google Pay, allowing users in more than 40 countries to buy cryptocurrency with cards in a matter of seconds.

Corporate News

* Chinese technology companies have found a way to circumvent restrictions on Nvidia chip supplies by training their AI models abroad.
* FC Barcelona has signed a three-year, $22 million contract with the little-known crypto project ZKP, despite numerous red flags surrounding the company.