PANews reported on November 24th that, according to SoSoValue data, the cryptocurrency market sentiment has recovered somewhat, influenced by factors such as Federal Reserve Vice Chairman Williams' hints at a possible rate cut in December and Vice Chairman Jefferson's optimistic views on the AI bubble. Various sectors showed mixed performance. The PayFi sector performed particularly well, rising 2.44% in the last 24 hours. Within the sector, Telcoin (TEL) rose 5.21%, and Stellar (XLM) rose 5.45%. Meanwhile, Bitcoin (BTC) rose 1.21%, rebounding above $86,000 after touching the $80,000 mark. However, Ethereum (ETH) fell 0.35%, fluctuating narrowly around $2,800. In other sectors, the RWA sector rose 1.48% in the last 24 hours, with Creditcoin (CTC) rising 10.34%; the DeFi sector rose 1.29%, with World Liberty Financial (WLFI) rising 9.57%; the Meme sector rose 1.21%, with SPX6900 (SPX) rising 9.32%; and the Layer 1 sector rose 0.45%, with Hedera (HBAR) rising 9.83%. In addition, the CeFi sector fell 0.06%, with HashKey Platform Token (HSK) rising 3.59%; the Layer2 sector fell 0.37%, with Linea (LINEA) rising 4.28%.PANews reported on November 24th that, according to SoSoValue data, the cryptocurrency market sentiment has recovered somewhat, influenced by factors such as Federal Reserve Vice Chairman Williams' hints at a possible rate cut in December and Vice Chairman Jefferson's optimistic views on the AI bubble. Various sectors showed mixed performance. The PayFi sector performed particularly well, rising 2.44% in the last 24 hours. Within the sector, Telcoin (TEL) rose 5.21%, and Stellar (XLM) rose 5.45%. Meanwhile, Bitcoin (BTC) rose 1.21%, rebounding above $86,000 after touching the $80,000 mark. However, Ethereum (ETH) fell 0.35%, fluctuating narrowly around $2,800. In other sectors, the RWA sector rose 1.48% in the last 24 hours, with Creditcoin (CTC) rising 10.34%; the DeFi sector rose 1.29%, with World Liberty Financial (WLFI) rising 9.57%; the Meme sector rose 1.21%, with SPX6900 (SPX) rising 9.32%; and the Layer 1 sector rose 0.45%, with Hedera (HBAR) rising 9.83%. In addition, the CeFi sector fell 0.06%, with HashKey Platform Token (HSK) rising 3.59%; the Layer2 sector fell 0.37%, with Linea (LINEA) rising 4.28%.

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more