El Salvador executed its largest single-day Bitcoin (BTC) buy since adopting the cryptocurrency in 2021, buying roughly 1,090 BTC value roughly $100 million as costs slid under $90,000 on Nov. 18. President Nayib Bukele disclosed the transaction on X with a screenshot from the authorities’s Bitcoin dashboard exhibiting complete holdings had climbed to 7,474 BTC,…
The current crypto crackdown from the Democratic occasion, spearheaded by crypto-skeptic Senator Elizabeth Warren, could solid a shadow over the way forward for the decentralized change (DEX) Hyperliquid (HYPE). This heightened scrutiny stems from issues surrounding the crypto ventures related to President Donald Trump’s household, particularly specializing in World Liberty Financial (WLFI). National Security Concerns…
The Bitcoin market is present process a big transition, with merchants aggressively positioning for a year-end shut beneath the $90,000 threshold. This comes because the flagship digital asset briefly slid to a seven-month low of $89,970 on Nov. 18 earlier than recovering to $91,526 as of press time. As a outcome, crypto merchants’ sentiment has…
US-traded spot Bitcoin ETFs hemorrhaged $2.57 billion in web outflows by means of Nov. 17, the funds’ worst month-to-month drawdown since their January 2024 launch. In the identical month, Bitcoin dropped 14.7% and briefly touched $89,253.78 on Nov. 17, its lowest stage since April, earlier than recovering to $93,426.16, up 1.3% in 24 hours. The…
Mt. Gox-linked Bitcoin (BTC) wallets moved roughly 10,600 BTC on Nov. 17, breaking an eight-month silence that had lulled merchants into forgetting the property nonetheless managed almost $3 billion in legacy cash. The transaction routed about 10,608 BTC to a brand new, unlabeled deal with, with the rest returning to a identified Mt. Gox pockets….
In a big potential development for the XRP Ledger (XRPL), Ripple developer J. Ayo Akinyele, with help from the agency’s Chief Technology Officer David Schwartz, has proposed the thought of integrating native staking. This idea goals to boost rewards throughout the XRPL, notably as XRP’s adoption will increase by means of mechanisms akin to digital…
The US-based cryptocurrency change Kraken just lately secured a considerable $200 million funding from Citadel Securities, a worldwide market maker. This funding values the change at a powerful $20 billion. Kraken’s Growth Backed By Citadel Securities Citadel Securities has expressed enthusiasm about supporting Kraken’s progress, emphasizing the agency’s position in shaping the long run panorama…
For years, quantum computing has served as cryptocurrency’s favourite doomsday situation, a distant however existential menace that periodically resurfaces each time a lab pronounces a qubit milestone. The narrative follows a predictable arc the place researchers obtain some incremental breakthrough, social media erupts with “Bitcoin is useless” predictions, and the information cycle strikes on. But…
Bitwise’s Solana Staking ETF (BSOL) pulled in $56 million in quantity on its launch day, whereas Canary Capital’s spot XRP ETF (XRPC) posted $58 million, the best two volumes for any ETF launched in 2025. Yet, SOL traded close to $205 in the future earlier than the ETF launch and slumped to $165 inside every…
The Office of the Comptroller of the Currency (OCC) — the bureau liable for regulating and supervising all nationwide banks — has introduced that US monetary establishments could maintain crypto belongings to cowl blockchain community charges. National Banks Allowed To Manage Crypto In a letter launched on Tuesday, the OCC said that banks are permitted…