MAROKO133 Eksklusif crypto: National Bank of Kazakhstan Plans Up to $300M Crypto Investmen

📌 MAROKO133 Update crypto: National Bank of Kazakhstan Plans Up to $300M Crypto In

Kazakhstan’s central bank is preparing to invest up to $300 million in crypto assets, though the final allocation could range between $50 million and $250 million, depending on market conditions.

According to RBC, National Bank of Kazakhstan (NBK) Chairman Timur Suleimenov announced the initiative would draw from the bank’s foreign exchange reserves rather than the country’s sovereign wealth fund, while cautioning that recent crypto market volatility requires a measured approach before committing capital.

The announcement comes as Bitcoin has declined 17% since early November, dropping from $110,000 to $81,000 and wiping $500 billion from total crypto market capitalization.

Suleimenov told reporters the bank would “let the dust settle” before making investment decisions. He emphasized the difficulty of achieving profitability amid the sharp downturn.

Central Bank Adopts Cautious Stance on Digital Asset Exposure

The NBK has already established an investment portfolio containing high-tech stocks and financial instruments linked to digital assets within its gold and foreign exchange reserves.

Despite having frameworks in place, Suleimenov stressed the regulator would not rush deployment until favorable opportunities emerge.

“Until good investment opportunities emerge, we won’t rush these decisions,” Suleimenov said at a November 28 briefing.

The chairman had previously told Bloomberg in early November that Kazakhstan planned to create a national crypto fund worth up to $1 billion, clarifying the bank would invest “cautiously” through exchange-traded funds and crypto company stocks rather than direct token holdings.

This measured approach contrasts with the broader ambitions articulated by President Kassym-Jomart Tokayev, who directed the creation of a state-backed crypto reserve fund through the National Bank’s Investment Corporation.

The president called for accumulating strategic reserves of “promising assets” and announced up to $1 billion in funding for technological growth programs spanning high-tech and fintech sectors.

Kazakhstan Builds Multi-Layered Crypto Infrastructure

The central bank’s investment plans build on Kazakhstan’s rapidly expanding digital asset ecosystem, which launched its first national crypto reserve in September through the Alem Crypto Fund.

Established by the Ministry of Artificial Intelligence and Digital Development and managed by Qazaqstan Venture Group, the fund selected BNB as its initial holding through a strategic partnership with Binance Kazakhstan.

Deputy Prime Minister Zhaslan Madiyev described the fund as designed to become “a reliable instrument for major investors and a key foundation for digital state reserves.“

BNB currently has a market capitalization exceeding $120 billion and serves as the native cryptocurrency of BNB Chain for processing transactions, paying network fees, and participating in governance.

Kazakhstan approved stablecoin payments for regulatory fees in September during Astana Finance Days, with the Astana Financial Services Authority establishing a framework allowing participants to settle fees in U.S. dollar-pegged stablecoins through licensed Digital Asset Service Providers.

The country also launched Central Asia’s first spot Bitcoin ETF in August, with the physically-backed Fonte Bitcoin ETF trading on the Astana International Exchange, using BitGo Trust for cold storage.

Enforcement Actions Target Illegal Operations Amid Expansion

While advancing institutional crypto adoption, Kazakhstan has intensified crackdowns on unlicensed operations, shutting down 130 illegal crypto exchanges in October and seizing $16.7 million in virtual assets suspected of laundering criminal proceeds.

Authorities uncovered 81 shadow cash-out groups with a combined turnover reaching 24 billion KZT ($43 million) in 2024.

The enforcement actions follow Kazakhstan’s evolution from controlling 27% of global Bitcoin mining in 2021 after Chinese operations relocated, to just 4% by 2023 following grid strain and regulatory adjustments.

As of September, the country has registered 415,000 mining machines, issued 84 licenses (64 active), and launched the “70/30 project,” in which fore…

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🔗 Sumber: cryptonews.com

📌 MAROKO133 Hot crypto: What Crypto Whales Are Buying for Potential Gains in Decem

Crypto whales have started making clear moves as December approaches, and their activity reveals where big money expects the next phase of strength to come from. Instead of selling into the late-November volatility, large holders have been increasing exposure across a mix of mid-caps and large-caps.

The buying has also appeared while prices were stabilising, which makes the accumulation more meaningful. These patterns give an early look at which assets whales believe can deliver gains in December.

Ethena (ENA)

Ethena (ENA) stands out as one of the clearest signals of what crypto whales are buying for potential gains in December. The token is up 21.3% over the past seven days, and instead of using that strength to take profit, large holders are adding more.

Whale wallets have increased their ENA holdings by 2.84% this week, bringing their total to about 39.88 million ENA. That means whales picked up roughly 1.1 million additional tokens.

Top 100 addresses or mega whales also raised their balances by about 0.35%, adding close to 50 million ENA. Whales buying into an already strong week usually signals confidence that more upside is ahead.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

On the 12-hour chart, Ethena still trades within a symmetrical triangle, indicating a buyer-seller standoff. The important level is $0.28. A clean daily close above this level — which has rejected every rally attempt since November 25 — can unlock moves toward $0.30 and even $0.32.

If ENA fails to hold $0.27, it risks slipping under the lower triangle boundary, opening a path back toward $0.21, especially if whale demand cools.

XRP (XRP)

XRP is the second asset crypto whales are buying, possibly for potential gains in December. The accumulation pattern here is much stronger than what we saw in Ethena. Two major whale cohorts have been adding aggressively through the final week of November.

The largest holders — wallets with over 1 billion XRP — have added about 150 million XRP since November 25. At the current price, this equals roughly $330 million in fresh exposure.

The 10–100 million cohort has been even more aggressive, adding around 970 million XRP since November 23, worth nearly $2.13 billion at current prices.

With XRP trading near $2.20, this fresh whale exposure entered the market during a week when the token gained more than 16%, which reinforces that these buyers are adding to strength rather than weakness.

This uptick comes at a technical turning point. XRP has spent nearly two months defending the $1.77 support, a level tested twice — on October 10 and again in late November — forming an early double-bottom structure. That base is now the foundation for any December strength.

For upside continuation, the XRP price must break $2.30, a resistance that has rejected every rally attempt since November 15. A daily close above that zone unlocks $2.45 and $2.61, where the next clusters of supply sit.

If XRP falls below $2.11, the bullish structure will break down. A deeper retest of $1.81 becomes likely — but this would only happen if whale accumulation flips back to distribution.

Cardano (ADA)

Cardano stays on the list because it seems that crypto whales have started rotating into large caps again, after XRP. Two key ADA cohorts have been buying during the final stretch of November.

The largest holders, wallets with over 1 billion ADA, began adding on November 24. Since then, they have accumulated 130 million ADA in total. The 10–100 million group started buying on November 26 and has added 150 million ADA. Both cohorts turned net positive within days, which shows fresh conviction even as the token trades near its recent lows.

With ADA trading near $0.41, this combined whale accumulation represents a meaningful amount of capital returning to the market. The buying also came during the same period when ADA posted a mild recovery, 5% week-on-week, which makes the pickup more notable.

On the 12-hour chart, ADA shows a standard bullish divergence. Between November 4 and November 21, the price reached a lower low, while the RSI (Relative Strength Index), which measures momentum, reached a higher low.

This type of divergence often signals that a trend reversal is forming beneath the surface. Early signs of that shift have already appeared.

For ADA to build strength in December, it needs a solid candle close above $0.43. A break above that level opens a path toward $0.52, which would flip the short-term structure bullish. If ADA loses $0.38, the bullish setup weakens, and the reversal signal may fail.

The post What Crypto Whales Are Buying for Potential Gains in December 2025 appeared first on BeInCrypto.

🔗 Sumber: www.beincrypto.com