Author: John Smith

Bitcoin price tanked to a 7-month low of nearly $85,000 on Friday as investors holding long positions were caught off guard by a sharp selloff, while outflows from its spot ETFs continued to add pressure. Summary Bitcoin price fell below $86,000 during Asian trading hours on Friday. Over $443 million in long liquidations across Bitcoin’s Futures market and weak demand have added to the downside momentum. Analysts predict Bitcoin could continue its downtrend over the coming weeks. According to data from crypto.news, Bitcoin (BTC) price dropped 7% to an intraday low of $85,400 on Nov. 21, down 11.6% over the…

Crypto prices today fell sharply as the market extended its month-long downturn. The total crypto market capitalization has dropped below $3 trillion for the first time since May 8, now standing at roughly $2.95 trillion. Bitcoin slipped to $85,310, down… Source link

Shiba Inu has introduced a cryptocurrency debit card in collaboration with Bitget Wallet, according to an announcement from the project, marking an expansion of the token’s payment utility. Summary Coinbase has launched Ethereum-backed loans for eligible U.S. users (excluding New York). The service allows borrowers to access up to $1 million in USDC without selling their ETH holdings. The launch strengthens Coinbase’s DeFi integration, tapping into the growing crypto-native credit market. The Shiba Inu-branded (SHIB) card offers zero-fee spending with no conversion fees, foreign exchange fees, or hidden spreads, according to the companies. Early adopters will receive Shiba Inu token…

Tokyo-listed Metaplanet plans to issue Class B perpetual shares worth $135 million to expand its Bitcoin reserves. Summary Metaplanet announced issuing about $135 million in shares to buy Bitcoin Class B shares will have no voting rights, but will have redemption at listing The firm currently owns 30,823 Bitcoin, worth about $2.69 billion As corporate Bitcoin adoption strengthens worldwide, one Metaplanet is taking an increasingly aggressive approach. On Thursday, November 20, the Tokyo-listed Bitcoin treasury firm announced the issuance of 23.61 million Class B Preferred Shares, valued at about $135 million. The firm will use the proceeds of these sales…

Numerai — the San Francisco hedge fund that looks more like a sci-fi lab than a Wall Street operation — has raised $30 million in Series C funding, the company announced. Summary Numerai scored backing from university endowments and existing investors like Union Square Ventures and Paul Tudor Jones. The AI-driven hedge fund now marches toward nearly $1 billion in AUM. Numerai plans to expand AI engineering, grow its global data science tournament, and scale institutional products. The round, led by university endowments, values Numerai at $500 million. That’s a fivefold leap from 2023, suggesting the company’s AI models were…

Analysts at JPMorgan warn that more than 20% of Strategy’s market cap sits in passive indices, which are now threatening to delist it. Summary Michael Saylor’s Strategy could lose $2.8 billion if MSCI removes it from its passive indices The Bitcoin treasury firm could lose a further $8.8 billion out of its $50 billion market cap if others follow MSCI is currently considering a proposal to exclude crypto treasury firms from its benchmark indices Michael Salyor’s Bitcoin buying machine could face a reckoning that could wipe out more than 20% of its total market cap. On Wednesday, November 19, analysts…

Investors are scaling back on risk assets amid declining hopes that the Federal Reserve will cut rates before the end of the year. Summary The crypto market crash affected most major crypto assets. The likelihood of December rate cuts has fallen to just 33%. Bitcoin could fall to 75,000 if macro conditions further worsen The crypto market is facing another sharp sell-off today amid deteriorating macro conditions. On Thursday, November 20, Bitcoin fell 2.52% to $86,585, its lowest level since April. Ethereum (ETH) fell to $2,818, erasing all its gains since July. Altcoins demonstrated even greater volatility. Solana price went…

Tether is pushing into Latin America with the acquisition of the regional digital asset custody platform, Parfin. Summary Tether is expanding its presence in Latin America with the Parfin acquisition Parfin offers crypto custody, asset management, and tokenization solutions to institutional clients From the start of 2025 until October, Latin America recorded almost $1.5 trillion in transactions Tether is betting big on Latin America as one of the fastest-growing global crypto hubs. On Thursday, November 20, the world’s largest stablecoin issuer acquired Parfin, a London- and Rio de Janeiro-based firm specializing in custody, tokenization, and settlement. According to Paolo Ardoino,…

XRP price is testing the $2 support zone as a pennant-style fractal begins to form, signalling a potential bullish setup if buyers continue defending the high-time-frame support. Summary Market sentiment around XRP is stabilizing as buyers repeatedly step in at key levels. Price behaviour suggests growing confidence despite recent volatility. Chart structure indicates momentum could shift quickly if bulls take control. XRP’s (XRP) price action is once again holding above a critical high-time-frame support zone, with the market defending the $2.00 to $2.06 region. This level has acted as a major structural anchor over multiple retests, and price continues to…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Eden Miner has launched a mobile cloud-mining app that lets anyone earn crypto directly from their smartphone without hardware, setup, or high electricity costs. Summary The Eden Miner app makes crypto mining accessible to anyone by renting cloud computing power through a simple mobile interface. Users can choose low-cost mining packages, earn automated daily rewards, and rely on top-tier security backed by McAfee and Cloudflare. 24×7 global support, eco-friendly operations, and beginner-friendly tools make it suitable for users with…