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In a significant potential advancement for the XRP Ledger (XRPL), Ripple developer J. Ayo Akinyele, with support from the firm’s Chief Technology Officer David Schwartz, has proposed the idea of integrating native staking. 

This concept aims to enhance rewards within the XRPL, particularly as XRP’s adoption increases through mechanisms such as digital asset treasuries (DATs) and focused exchange-traded funds (ETFs) centered on the token.

Key Requirements For Native Staking On The XRP Ledger

In a recent community blog post, Akinyele explored the potential implications of integrating staking into the XRPL. He raised the question: what if the XRPL supported native staking? 

Akinyele emphasized the significance of this idea within the XRPL context, where it would challenge some established design principles. 

For native staking on the network to become a reality, Akinyele identified two essential requirements: a reliable source of staking rewards and a fair mechanism for their distribution. 

At present, transaction fees are intentionally burned, a deliberate strategy that maintains a deflationary supply and ensures network efficiency. 

Introducing staking would necessitate a reevaluation of value circulation within the system and seek a sustainable method to reward participation. For instance, any new fees related to programmability could be allocated to a rewards pool.

Careful design would be crucial for the distribution of rewards, as staking would alter the interactions between validators and participants. Financial incentives could enhance engagement but also reshape governance dynamics. 

Ensuring that these incentives and corresponding penalties are well-balanced, according to Ripple’s developer, will be vital to maintaining fairness and resilience within the network.

Evolving Perspectives

Although the concept of native staking offers appealing possibilities, Akinyele believes the real concern is how these rewards align with the existing Ledger design. 

The network’s consensus model, known as Proof of Association (PoA), prioritizes trust and stability over financial incentives. Validators participate out of a commitment to the blockchains health.

Additionally, organic experimentation with staking and yield programs is already occurring in the community through various exchanges and DeFi protocols, such as Uphold/Flare, Doppler Finance, Axelar, and MoreMarkets. Akinyele further noted:

Whether or not native staking ever belongs on the network, exploring the idea reinforces the fact that XRP’s purpose isn’t singular or static. As the ecosystem grows, conversations about incentive models, fairness, and governance help ensure that XRP continues to serve as a connective asset in open, efficient financial systems.

In this context, Schwartz noted that his own views on governance and consensus mechanisms have shifted, particularly in relation to the token’s role in DeFi initiatives, both through existing applications and potential on-chain functionalities. 

Given the ongoing discussions about programmability and smart contracts, he suggested that the XRP community should explore what other DeFi capabilities could emerge natively on the Ledger. This hints at the possibility of fulfilling Akinyele’s staking proposal.

Featured image from DALL-E, chart from TradingView.com 

DDoS protection giant Cloudflare just went out, paralyzing major corners of the internet. Yet, blockchain networks like Bitcoin remain resilient.

Blockchain Stays Online Even As Cloudflare Experiences Outage

Today, Cloudflare suffered a global network issue, causing major services connected to it to slow down or outright stop working. According to the website’s status tracker, it began looking into the issue around noon, UTC. Cloudflare noted it was “experiencing an internal service degradation.”

Cloudflare provides a range of internet and cybersecurity-related services, being most known for its “Checking your browser…” DDoS protection page that has become a familiar sight when navigating to some popular websites.

About 20% of the global traffic passes through the company, so any issues related to it can have widespread impacts. The outage today clearly showcased it, as it caused issues for thousands of users around the world.

Dane Knecht, Cloudflare CTO, posted a statement on X:

I won’t mince words: earlier today we failed our customers and the broader Internet when a problem in Cloudflare network impacted large amounts of traffic that rely on us. The sites, businesses, and organizations that rely on Cloudflare depend on us being available and I apologize for the impact that we caused.

Some of the biggest names impacted by the issue included ChatGPT, X, Uber, and McDonald’s. Ironically, even Downdetector, a website that helps users track outages around the internet, itself went down during the event.

It took Cloudflare a few hours to get the issue sorted. At 14:42 UTC, the status page reported, “A fix has been implemented and we believe the incident is now resolved.” There were some hiccups post this patch, but they were resolved by 17:44 UTC, as the website updated with, “We are no longer observing elevated errors or latency across the network.”

The market initially reacted to the event, as Cloudflare’s stock dropped to $194, but once the company restored services, its price jumped back to $199.

While Cloudflare was dealing with the outage, Binance co-founder and former CEO Changpeng Zhao posted on X: “Blockchain kept working.” The remark highlighted the fact that even when 20% of the internet suffered from issues, blockchains like Bitcoin and Ethereum kept operating normally.

Unlike the usual networks that usually have some point of centralization, blockchain networks run in a completely decentralized manner. This means that even if some nodes go offline, the network isn’t affected.

Earlier in the year, Amazon’s AWS also experienced a major outage, causing disruption in large parts of the internet. Even then, blockchain networks remained stalwart.

As for what caused the latest Cloudflare outage, Knecht has said it was a latent bug in a service related to the company’s bot mitigation capability. It started to crash, cascading into a broad degradation of Cloudflare services. “This was not an attack,” clarified Knecht.

The CTO has also shared that an investigation report is on the way, with transparent details related to what happened during the event included.

Bitcoin Price

At the time of writing, Bitcoin is trading around $93,300, down 9.5% over the last week.

Maxi Doge đang nhanh chóng trở thành lựa chọn hấp dẫn cho nhà đầu tư tìm kiếm cơ hội tăng trưởng cao trong lĩnh vực meme coin. Với cộng đồng tương tác mạnh và nền kinh tế token đang mở rộng, Maxi Doge kết hợp staking, phần thưởng và cơ chế giảm phát để mang lại giá trị vượt xa yếu tố giải trí. Sự quan tâm của nhà đầu tư giai đoạn đầu đã đưa dự án vào tâm điểm chú ý, trở thành lựa chọn đáng cân nhắc cho những ai tìm kiếm sự cân bằng giữa rủi ro và tiềm năng sinh lời. Chiến lược kết hợp hype và tiện ích đang tạo đà chú ý mạnh mẽ trong tháng 11.

Khác với các dự án lấy cảm hứng từ dogecoin thông thường, Maxi Doge chú trọng tăng trưởng dài hạn và sự tham gia tích cực của cộng đồng. Lộ trình phát triển minh bạch và smart contract đã được xác minh giúp tăng niềm tin của nhà đầu tư về tính bền vững. Dự án khuyến khích người dùng tham gia xây dựng hệ sinh thái thông qua các phần thưởng và ưu đãi hấp dẫn. Với nhà đầu tư ưa thích chiến lược rủi ro cao – lợi nhuận lớn, Maxi Doge mang lại cơ hội tiếp cận sớm một meme token có tham vọng phát triển nghiêm túc trong thị trường crypto đang thay đổi nhanh chóng.

Các chỉ báo thị trường then chốt đang thúc đẩy quyết định đầu tư và làm nổi bật cơ hội crypto trong tháng này

Nhà đầu tư ngày càng dựa vào các dữ liệu on-chain, xu hướng khối lượng giao dịch và phân tích tâm lý xã hội để xác định các cơ hội crypto có tiềm năng cao. Các chỉ số như tăng trưởng ví hoạt động, tần suất giao dịch và dòng tiền thanh khoản cho thấy token nào đang thu hút lực cầu. Ngoài ra, các yếu tố như biến động giá, xu hướng vốn hóa thị trường và tín hiệu chấp nhận sớm giúp nhà đầu tư đánh giá rủi ro và lợi nhuận. Theo dõi các chỉ số này giúp đưa ra quyết định cân bằng giữa tăng trưởng và sự ổn định danh mục, đặc biệt trong thời điểm thị trường hoạt động mạnh mẽ.

Sự tương tác xã hội và động lực cộng đồng đã trở thành các chỉ báo quan trọng với những dự án crypto mới nổi. Các nền tảng như diễn đàn, mạng xã hội và hoạt động developer phản ánh độ quan tâm và niềm tin của cộng đồng. Khi kết hợp với phân tích kỹ thuật, các tín hiệu này cho cái nhìn rõ hơn về những dự án có khả năng tăng trưởng tốt. Nhà đầu tư cũng theo dõi quan hệ đối tác, ưu đãi staking và tốc độ mở rộng hệ sinh thái để hoàn thiện chiến lược. Bằng cách tổng hợp dữ liệu định lượng và tín hiệu cộng đồng, thị trường có thể nhận diện các cơ hội mới đồng thời giảm thiểu rủi ro của thị trường đầy biến động.

Vì sao Maxi Doge đang tăng tốc trở thành Meme coin tiềm năng trong thị trường crypto hiện đại

Maxi Doge đang tăng tốc và trở thành điểm sáng trong lĩnh vực meme coin bằng cách kết hợp hype xã hội với tokenomics mạnh mẽ. Hiện token MAXI giao dịch quanh mức 0,00001440 USD, thu hút nhà đầu tư tìm kiếm sự kết hợp giữa yếu tố giải trí và giá trị thực. Token mang đến phần thưởng staking và cơ chế giảm phát giúp tăng tiềm năng dài hạn. Cộng đồng phát triển nhanh và thanh khoản tăng cho thấy mức độ chấp nhận đang mở rộng. Bằng cách kết hợp thương hiệu vui nhộn với các ưu đãi thực tế, Maxi Doge đang tạo ra sự khác biệt so với meme coin truyền thống và thu hút sự quan tâm từ nhà đầu tư mạo hiểm.

Chart watching got me feeling like we need a new dawg in town. Stepping up into the place. Watch this space homies. pic.twitter.com/oRNeIMPvzw

— MaxiDoge (@MaxiDoge_) November 7, 2025

Yếu tố khác biệt của Maxi Doge là bản sắc riêng và sự định hướng dựa vào cộng đồng. Dự án khuyến khích mức độ tương tác thông qua thử thách game hóa, staking và hệ thống phần thưởng, xây dựng lòng trung thành của người dùng. Giá sớm và vốn hóa nhỏ khiến nó hấp dẫn với nhà đầu tư tìm kiếm tăng trưởng đầu cơ. Maxi Doge không chỉ là một meme coin viral, mà còn có roadmap hướng đến mở rộng hệ sinh thái, tăng cường áp dụng và sự tham gia của cộng đồng. Tất cả tạo thành động lực khiến dự án trở thành một trong các Meme coin tiềm năng đáng chú ý.

Truy cập Maxi Doge

Góc nhìn chuyên gia về tốc độ tăng trưởng, mức độ chấp nhận và tiềm năng dài hạn của Maxi Doge

Các nhà phân tích nhận định Maxi Doge đang cho thấy mức độ chấp nhận đáng khích lệ kể từ khi ra mắt, được thúc đẩy bởi tokenomics sáng tạo và sự tương tác cộng đồng. Chương trình staking và phần thưởng khuyến khích nắm giữ dài hạn, giúp dự án ổn định trên thị trường. Số lượng ví hoạt động tăng và dòng thanh khoản đổ vào là các tín hiệu cho tiềm năng duy trì tăng trưởng. Dù thị trường meme coin vốn biến động mạnh, lộ trình rõ ràng và sức hút sớm khiến Maxi Doge trở thành lựa chọn phù hợp cho cả nhà đầu tư đầu cơ lẫn những người tìm kiếm giá trị dài hạn.

Dự báo cho thấy Maxi Doge có thể duy trì đà tăng nếu mức độ tương tác tiếp tục mạnh. Nhà phân tích khuyến nghị theo dõi các chỉ số on-chain và hoạt động xã hội để đánh giá khả năng mở rộng. Các yếu tố ảnh hưởng đến tiềm năng thị trường của Maxi Doge bao gồm quan hệ đối tác chiến lược, mở rộng hệ sinh thái và sự tham gia của cộng đồng. Nhà đầu tư nên lưu ý đến sự biến động, nhưng vị thế nổi bật của Maxi Doge trong thị trường meme coin có thể thúc đẩy mức lợi nhuận dài hạn.

Điểm nổi bật:

• Tăng trưởng ban đầu mạnh mẽ và cộng đồng tương tác cao
• Staking và cơ chế giảm phát tăng sức hấp dẫn dài hạn

Chiến lược giảm rủi ro, quản lý biến động và tối ưu hoá lợi nhuận khi đầu tư Maxi Doge

Đầu tư vào meme coin có tiềm năng như Maxi Doge đòi hỏi chiến lược quản lý rủi ro cẩn thận. Đa dạng hóa danh mục giúp giảm tác động biến động, nhưng vẫn duy trì tiềm năng tăng trưởng. Việc chọn thời điểm vào – ra dựa trên xu hướng thị trường và dữ liệu on-chain cũng rất quan trọng. Các chuyên gia khuyên kết hợp chiến lược giao dịch ngắn hạn và nắm giữ dài hạn để cân bằng rủi ro và lợi nhuận. Theo dõi tâm lý thị trường, cập nhật tokenomics và xu hướng thanh khoản giúp nhà đầu tư đưa ra quyết định chính xác hơn.

Một chiến lược quan trọng là sử dụng staking của Maxi Doge để tạo thu nhập thụ động và bù đắp rủi ro giá. Điều này giúp giảm thua lỗ khi thị trường điều chỉnh, đồng thời tăng hiệu quả nắm giữ dài hạn. Theo dõi hoạt động cộng đồng và mức độ tương tác xã hội giúp dự đoán biến động giá và phản ứng kịp thời. Quản lý rủi ro bao gồm đặt mức chốt lời và cắt lỗ rõ ràng để tránh quyết định cảm tính. Bằng cách áp dụng các phương pháp này, nhà đầu tư có thể điều hướng sự biến động trong thị trường meme coin và tối ưu hóa lợi nhuận danh mục.

Chiến lược hiệu quả:

• Đa dạng hóa để giảm rủi ro
• Tận dụng staking để tăng lợi nhuận ổn định
• Thiết lập ngưỡng chốt lời/cắt lỗ rõ ràng

Kết luận: Vì sao Maxi Doge nên có mặt trong danh mục theo dõi của nhà đầu tư tháng 11 này

Maxi Doge đang trở thành cơ hội đầu tư nổi bật nhờ sự kết hợp giữa sức hút meme và tiện ích thực tế. Dự án thu hút mạnh sự chú ý nhờ staking, cơ chế giảm phát và cộng đồng tích cực. Roadmap bao gồm mở rộng chiến lược, phát triển hệ sinh thái và quản trị cộng đồng – tất cả cùng hỗ trợ tăng trưởng dài hạn. Với những nhà đầu tư tìm kiếm cơ hội rủi ro cao nhưng phần thưởng lớn, Maxi Doge mang đến sự cân bằng hiếm có giữa yếu tố viral và nền tảng tokenomics bền vững. Đà tăng sớm và sức hút lớn khiến nó trở thành một token đáng theo dõi trong tháng này.

Truy cập Maxi Doge

Two US senators have sent a new letter demanding that the Department of Justice (DOJ) and the Treasury Department investigate Donald Trump-backed World Liberty Financial (WLFI) over token sales allegedly linked to illicit actors.

Senators Question WLFI’s Token Sale

On Tuesday, CNBC News reported that Democratic Senators Elizabeth Warren and Jack Reed expressed concerns about potential national security risks related to one of the Trump family’s crypto ventures, World Liberty Financial.

In a letter seen by the news media outlet, the senators requested that Attorney General Pam Bondi and Treasury Secretary Scott Bessent investigate claims that the Trump-backed company had allegedly sold tokens to sanctioned entities or individuals with ties to illicit actors in Russia and North Korea.

Warren and Reed reportedly argued that WLFI “lacks adequate safeguards to prevent bad actors from moving funds or gaining influence over its governance,” raising concerns over a potential conflict of interest.

According to CNBC, the letter cited a recent report from the non-profit corporate watchdog Accountable.US, which affirmed that World Liberty Financial sold its WLFI token to “various highly suspicious entities,” including traders with ties to North Korea’s Lazarus Group, or using Russia’s A7A5 ruble-backed stablecoin, and Iran’s largest crypto exchange, Nobitex.

To the senators, the reported token sales to individuals with “open and obvious connections to enemies of the U.S.” indicate “an absence of robust sanctions and anti-money laundering controls.”

Additionally, they consider that the company “risks supercharging illicit finance activity” and raises national security risks by giving bad actors “a seat at the table” to influence the firm’s governance.

The letter added that the Trump family’s ties with the crypto venture “create a financial conflict of interest for Trump Administration officials that report to the President: prioritizing token sales will directly enrich the Trump family — while compliance activities may interfere with this wealth creation.”

Conflict Of Interest Claims Mount

A spokesperson for World Liberty Financial rejected any misconduct, stating, “There is no conflict of interest between World Liberty Financial, a private crypto company with zero political power, and the U.S. government.”

Moreover, the representative told CNBC that “World Liberty Financial conducted rigorous AML/KYC checks on every pre-sale purchaser of the $WLFI governance token — the highest standard in the industry — and turned down millions of dollars from potential purchasers who failed the tests.”

It’s worth noting that the Democratic lawmakers have pressed multiple government officials, including the US Special Envoy for peace missions, the Securities and Exchange Commission (SEC)’s former acting chairman, and the head of the Office of the Comptroller of the Currency (OCC), about Trump’s crypto ventures and potential conflicts of interest.

Most recently, they have questioned the recently granted pardon to Binance’s co-founder and former CEO, Changpeng “CZ” Zhao. As reported by Bitcoinist, the US president denied allegations of potential corruption, alleging that he is not actively involved in the Trump family’s crypto businesses.

Nonetheless, the Democratic senators argued that the timing of their request is essential ahead of Congress’s efforts to develop new crypto regulation that could protect governance tokens like WLFI from current US oversight.

“As Congress considers legislation on the market structure for digital assets, we must ensure that crypto interests do not profit at the expense of U.S. national security and that illicit actors are not handed the keys to financial platforms that they can later exploit,” the letter added.

Ultimately, the senators requested that the DOJ and the Treasury provide the pertinent information against World Liberty Financial by December 1.

In the latest move to close existing “loopholes” in the country’s tax system related to foreign-exchange transactions, Brazil is reportedly exploring the possibility of imposing taxes on cryptocurrency transactions used for international payments. 

Cross-Border Crypto Transfers As Forex Operations?

According to two officials familiar with the discussions who disclosed the information to Reuters, the Finance Ministry is considering expanding its financial transaction tax (IOF) to include certain cross-border transfers involving crypto assets, such as stablecoins, which are classified as foreign-exchange operations.

Currently, crypto transactions are not subject to the IOF tax, although investors are required to pay income tax on capital gains that exceed a specific monthly exemption. 

While the primary intention behind this proposed taxation appears to be closing a regulatory gap, it also has the potential to enhance public revenue at a time when Brazil is striving to meet its fiscal targets. 

The country’s crypto market, especially its reliance on stablecoins, has seen significant growth in recent years. In the first half of 2025 alone, crypto transactions in Brazil amounted to 227 billion reais (approximately $42.8 billion), representing a 20% increase compared to the previous year. 

Notably, stablecoins accounted for two-thirds of that volume, with USDT, issued by Tether, predominating. In contrast, Bitcoin (BTC) transactions made up only about 11% of the total.

The new regulatory framework established by the central bank is poised to support a tax change, as officials believe stablecoins serve primarily as a cost-effective means of maintaining dollar balances. 

One source indicated that the upcoming regulations aim to prevent regulatory arbitrage between stablecoins and traditional foreign-exchange markets.

Brazil Estimates $30 Billion In Annual Revenue Losses 

The central bank’s new guidelines will take effect in February 2026, treating any transaction involving the purchase, sale, or exchange of stablecoins as a foreign-exchange operation. 

This classification will extend to international payments facilitated through virtual assets, as well as electronic transactions and transfers to and from self-custody wallets.

The government is reportedly reviewing the implications of these changes with caution, emphasizing that the new classifications do not automatically invoke tax obligations. Specific guidance from Brazil’s federal tax authority will dictate whether transactions will be taxed.

In a recent initiative, the tax service has expanded reporting requirements for crypto transactions to encompass foreign service providers operating in Brazil. 

A Federal Police official noted that improved visibility of digital asset transactions subject to IOF taxation would facilitate the levying of other import taxes as well. 

The official highlighted concerns that companies could misrepresent import values, stating, “If you import machinery or inputs, declare 20% officially, and send the other 80% via USDT without paying customs duties, IOF is the least of your problems.” 

The government estimates that more than $30 billion in potential annual revenue from imports is being lost due to crypto transfers meant to evade taxation.

Featured image from DALL-E, chart from TradingView.com 

Bitcoin’s latest pullback has created an unexpected opportunity in one corner of the market, and it is not coming from BTC itself. Attention has shifted to the DOGE/BTC trading pair, which has quietly returned to a major support zone that proposes the start of strong outperformance for Dogecoin.

One trader, known as Jimmy on X, has shared a chart that shows just how significant this support is, suggesting that the current structure may be preparing Dogecoin for a strong change in relative strength if the level continues to hold.

DOGE/BTC Is Sitting On Very Strong Support

Jimmy’s technical analysis highlights one fundamental idea: the DOGE/BTC pair is sitting on what he describes as a “very strong support.” As shown in the chart below, Dogecoin is currently consolidating at the same base level that preceded some of its largest outperformance phases against Bitcoin on the daily candlestick timeframe. 

A closer look at the chart shows that each touch of this support since 2024 has produced a steady and sometimes explosive upward move. This consistency is what makes the current retest important. 

The most memorable of these was the rally in mid-2024, when a similar retest sparked months of Dogecoin strength. That move carried the pair from roughly 0.00000170 to 0.00000450 before momentum finally cooled.

At the time of writing, the DOGE/BTC pair is back to trading around 0.00000170. The gradual drift downward on the pair has slowed as it taps this demand region again, leaving the pair to decide whether another rebound is forming beneath the surface.

The long-term pattern reflects exhaustion among sellers and a potential buildup similar to the early stretches of previous runs. 

Even the RSI on the chart sits in a neutral band but has begun curling upward from low-momentum regions. If this support continues to hold, it would reinforce the idea that Bitcoin’s dominance may be peaking while Dogecoin prepares for a rebound against the leading cryptocurrency.

Whales Should “Sell Bitcoin And Buy Dogecoin”

The most important part of Jimmy’s commentary was his remark that if he were a Bitcoin whale, he would jeet and buy DOGE. 

His point is tied to relative value. At this support, the DOGE/BTC ratio sits at one of its lowest points in years, meaning Dogecoin is cheap relative to Bitcoin. If a repeat of previous performance were to take place, Dogecoin could rebound from this support zone at 0.00000170 and push upwards against Bitcoin in the next few weeks.

Dogecoin’s spot price is currently reflecting the broader market mood. At the time of writing, Dogecoin is trading at $0.1553, down 4.3% in the last 24 hours. The entire market is under pressure, with total crypto capitalization dropping by 5.1% over the same period.

Data shows Bitcoin spot exchange-traded funds (ETFs) are down $3.29 billion from their all-time high (ATH) after the latest wave of outflows.

Bitcoin Spot ETFs Are Experiencing Their Second-Largest Drawdown Ever

In a new post on X, CryptoQuant community analyst Maartunn has talked about how the holdings attached to the US Bitcoin spot ETFs are currently looking. Spot ETFs refer to investment vehicles that allow an investor to gain exposure to an underlying asset’s price movements without having to directly own said asset.

In the context of cryptocurrencies, this means that the ETF holder never has to interact with a digital asset exchange or make any transactions on the blockchain; the fund buys and holds the coin on their behalf. Spot ETFs are a relatively recent phenomenon in the sector, having received approval from the US Securities and Exchange Commission (SEC) only in January of last year.

Despite them being new, these investment vehicles have grown into one of the cornerstones of the market, tapping into the demand from traditional investors who were previously reluctant to trade on-chain. Given the relevance of the spot ETFs, the trend in their holdings can be worth keeping an eye on, as it may reflect the sentiment among institutional entities. One way to do so is by measuring where these funds stand relative to their ATH.

Below is the chart shared by Maartunn that shows how the drawdown from the ATH currently looks for the Bitcoin spot ETFs:

From the graph, it’s visible that the Bitcoin spot ETFs saw their USD holdings reach an ATH in October, but since then, they have been facing a sustained drawdown. Last month, the drawdown was still limited, but the outflows accompanying the price crash have meant ETF holdings are now significantly down compared to the peak.

More specifically, spot ETF holdings are currently down a whopping $3.29 billion, the second-largest drawdown since last year’s launch. The only phase during which the metric’s value was higher was the bearish period between February and April. Back then, ETFs saw a peak drawdown of $4.8 billion. The latest decline in ETF holdings is still notably below this mark, so it only remains to be seen whether the drawdown will deepen in the near future.

In some other news, Strategy made a large purchase on Monday, but the continued decline in the Bitcoin price has already pushed the treasury firm’s new acquisition significantly into the red. According to CryptoQuant, the combination of this move and the price drop has resulted in about 40% of the company’s reserves now sitting underwater.

BTC Price

Bitcoin slipped under $90,000 just earlier, but the coin has since bounced back to $91,500.

The Digital Chamber has launched a new initiative called the State Network to push crypto asset policy at the state and local level across the US.

According to reports, the group says the effort is timed to influence lawmaking and political contests ahead of the 2026 midterm elections.

Key hires and early activity in several states mark a clear shift from Washington-focused lobbying to hands-on state work.

State Network Targets Lawmakers And Local Groups

The Network will be led in part by Anastasia Dellaccio, who has been named Executive Director Of State & Regional Affairs. Based on reports, Cody Carbone, the group’s CEO, said the aim is to educate elected officials and staff at state capitals.

The program reportedly began activity in four states — New York, Arizona, Ohio, and New Hampshire — and will expand its reach through a planned 2026 Digital Asset Tour.

Small grants are part of the plan; a micro-grants program is set to kick off in 2026 to fund state blockchain associations, university blockchain clubs, and community innovation groups.

Partnerships And Political Timing

Reports have disclosed that The Digital Chamber is partnering with the Future Caucus to reach younger and rising officials. The partnership is described as a way to introduce lawmakers to industry players and to provide training and materials on crypto policy.

That timing matters because the initiative is explicitly tied to the 2026 midterms. Organizers say they want more lawmakers at every level to understand, and in many cases support, policies favorable to digital assets.

The strategy blends education with political organizing. It also means the effort will operate in a political arena as much as a policy one.

A Grassroots Funding Angle

We’re thrilled to welcome our inaugural members: @Hedera, @Strategy, @Trondao, @InputOutputHK, and @Cryptocom. pic.twitter.com/Q2NJU9ZNm5

— The Digital Chamber (@DigitalChamber) November 17, 2025

Micro-grants aim to build local networks of supporters and educators. Reports indicate these grants will back small state groups and university teams that can speak about blockchain to lawmakers and communities.

Organizers say this is about building capacity at the state level rather than just spending in national races. Some of the groups expected to benefit are grassroots associations and campus clubs that host public events or briefings.

The Digital Chamber says the first members of the new network include Michael Saylor’s company Strategy, the Hedera network, which uses proof-of-stake, and Input Output, a company that works on blockchain research and infrastructure.

Featured image from Shakepay, chart from TradingView

A Cardano holder has experienced a staggering financial blow this week, losing over $6 million worth of ADA in just minutes due to on-chain liquidity issues. The funds, which had been sitting dormant for nearly five years, vanished almost instantly during the massive swap. The incident raises alarm regarding the risks involved in using Decentralized Exchanges (DEXs) and the importance of understanding liquidity and slippage before executing large trades. 

Cardano Holder Loses Over $6 Million ADA In Minutes

A new report from a famous on-chain sleuth, ZachXBT, revealed a jaw-dropping loss for a Cardano investor. The user had swapped 14.4 million ADA, valued at approximately $6.9 million, for 847,000 USDA, a stablecoin pegged to ADA.  The transaction occurred just two hours before the report became public, revealing that the investor had lost approximately $6.05 million, wiping out more than 80% of his initial investment. 

ZachXBT has said that the dramatic loss was likely due to extremely thin liquidity in the trading pool, which caused the price of ADA to spike temporarily during the swap. Vladimir S., a threat researcher who shared ZachXBT’s findings on X from his Telegram group, speculated that the Decentralized Exchange interface where the transaction occurred probably did not provide clear, low-liquidity warnings for a swap of that magnitude. 

Vladimir suggested that an Over-The-Counter (OTC) deal would have been a much safer alternative for a $6.9 million ADA swap. Notably, this case highlights how even long-term crypto holders can suffer major losses when they do not fully understand how DEXs work.

Community Weighs In On Liquidity Issues And Slippage Warnings

ZachXBT’s report sparked extensive discussions among crypto traders and analysts, who pointed out that the $6.9 million ADA swap carried a staggering high price impact of 87.433%. Many in the community noted that the transaction was executed on the Minswap DEX, where users are required to actively acknowledge and consent to high slippage warnings to confirm trades.

Some members argued that the $6.05 million loss could have been avoided if the user paid attention to the interface and the obvious warnings displayed for transactions exceeding typical slippage thresholds. Responding to Vladimir’s speculation about a lack of clear liquidity warnings, other community members confirmed that Minswap always provides visible alerts for low liquidity swaps. Large slippage percentages, typically above 3-5%, are displayed in bright red texts, making it almost impossible for traders to miss. 

Some observers suggested that the Cardano holder may have misunderstood the interface, possibly due to language barriers or a lack of familiarity with decentralized finance mechanisms. Regardless of the reasons, this incident serves as a clear reminder for crypto users to pay attention to liquidity and slippage alerts when executing high-value swaps.

Bitcoin has officially erased its 2025 gains, plunging to $90,000 for the first time in seven months and cementing its entry into a full-blown bear market. After hitting an all-time high of over $126,000 just six weeks ago, the world’s largest crypto asset has tumbled more than 28%, erasing over $600 billion in market value.

Related Reading: Circle Reports Q3 Reserve Income Exceeding $700 Million, Teases Native Token Launch

Analysts say this brutal pullback reflects a global retreat from risk. AI stocks, crypto, and other speculative assets have all been hammered as investors grow uneasy over whether the Federal Reserve will deliver a rate cut next month.

Thin liquidity, stemming from the October 10 flash crash, triggered by President Donald Trump’s reignited trade war with China, has only amplified the volatility.

Bitcoin Institutional Activity and Market Trend

Institutional outflows haven’t helped either. U.S. spot Bitcoin ETFs have recorded over $3 billion in net withdrawals in just three weeks, while short-term traders and year-end profit-takers add more downward pressure.

With BTC now hovering around $89,500, sentiment has sunk to “extreme fear,” according to the Fear & Greed Index reading of 11.

Nonetheless, some believe the market is nearing exhaustion. Analysts at Bitwise and BitMine argue that Bitcoin is carving out a bottom, calling current levels a rare opportunity for long-term accumulation.

El Salvador Buys the Dip, Again

As panic grips the market, one player isn’t flinching, El Salvador. President Nayib Bukele announced the country’s largest single-day Bitcoin purchase ever, 1,090 BTC worth roughly $100 million, timed with Bitcoin’s drop below $90,000.

This latest buy pushes El Salvador’s total holdings to approximately 7,474 BTC, now valued at around $670 million. The country has also been purchasing 1 BTC per day since November 2022, accumulating more than 1,098 BTC over the past week alone.

But the move raises eyebrows. Under a $1.4 billion loan agreement with the IMF, El Salvador’s public sector is prohibited from buying Bitcoin. Officials have issued conflicting statements, and the IMF has suggested that some “new purchases” may simply be wallet consolidations. Yet Bukele insists the strategy is ongoing and unstoppable.

Right Bet or Risky Gamble?

While El Salvador continues doubling down, adoption inside the country remains low. Surveys show that most Salvadorans still prefer using the U.S. dollar, despite Bitcoin’s legal tender status. Volatility, technical barriers, and limited merchant uptake have slowed everyday use.

Still, Bukele frames Bitcoin as a long-game strategy, one that could position the nation at the forefront of a digital monetary shift. With sovereign players like the Czech National Bank also dipping into Bitcoin, El Salvador’s bold stance may prove visionary… or dangerously premature.

Related Reading: Coinbase Business Debuts In Singapore, Backed By Standard Chartered

For now, Bitcoin sits at a crossroads. Whether this is the start of a deeper reset or a temporary shakeout could define not just the crypto market’s next chapter, but the legacy of the world’s first Bitcoin nation.

Cover image from ChatGPT, BTCUSD chart from Tradingview

Bitcoin has entered one of its most critical phases of the year as intense selling pressure briefly pushed the price below the $90,000 level, shaking market confidence and triggering widespread fear. Bears argue this breakdown marks the beginning of a deeper bearish cycle, with liquidity worsening and risk sentiment collapsing across global markets.

Yet, despite the growing bear-market narrative, major players are signaling the opposite — long-term conviction. According to Lookonchain, El Salvador is aggressively buying the dip, reinforcing its commitment to Bitcoin even as volatility surges. Beyond its ongoing program of purchasing 1 BTC per day, the government executed a significant buy just a few hours ago, adding 1,090.19 BTC worth approximately $101 million to its holdings. This unexpected accumulation stands in stark contrast to the broader market panic.

While retail sentiment remains fearful, moves like this highlight the growing divide between short-term traders reacting to price swings and strategic buyers focusing on long-term value. As Bitcoin hovers near key support levels, the market now faces a defining moment: capitulation or accumulation.

El Salvador’s Bold Move Amid Panic

El Salvador’s unexpected Bitcoin purchase has added a dramatic twist to an already tense market environment. President Nayib Bukele shared a screenshot of the transaction and BTC holdings (7,474.37 BTC) on X, accompanied by a simple but telling caption: “Woa.”

The message, brief yet powerful, instantly captured the attention of the crypto community. At a moment when fear is dominating sentiment and traders are scrambling for safety, Bukele’s reaction reflects a markedly different mindset — one grounded in conviction rather than panic.

With Bitcoin breaking below $90,000 earlier today, many market participants interpreted the move as confirmation of a looming bear market. Liquidations surged, volatility spiked, and social sentiment hit extremes not seen since earlier corrections this year.

Strong hands — long-term investors, sovereign entities, and institutional accumulators — are increasingly framing the recent pullback as a strategic entry point. This stands in stark contrast to short-term traders capitulating under pressure. Historically, such divergences have marked pivotal cycle moments where distribution flips to accumulation.

Bitcoin Price Analysis: A Critical Breakdown Near Multi-Month Lows

Bitcoin’s latest price action shows a sharp deterioration in market structure, with BTC now trading near $91,000 after a steep rejection from the $110K–$115K region. The chart reflects a clear loss of momentum: lower highs, accelerating sell volume, and a decisive breakdown below the key 200-day moving average, a level that had acted as macro support throughout most of 2025.

The most concerning signal is the clean break under $95K, a zone that previously served as a strong demand region during multiple pullbacks. Losing this level has opened the door to deeper downside, and BTC is now testing the next critical support area between $88K and $90K, marked by the 300-day MA and prior consolidation structure from early 2025.

Volume has spiked on the sell-off, confirming that this is not a low-liquidity dip but a broad risk-off move. The pattern resembles a cascading liquidation event, with consecutive long squeezes intensifying the decline.

Despite the bearish pressure, BTC remains above the broader bull-market base structure formed around $80K–$85K, meaning the macro trend isn’t fully broken yet. Still, bulls must reclaim $95K quickly to prevent momentum from slipping further.

Featured image from ChatGPT, chart from TradingView.com

The Ethereum price has plummeted below the critical $3,000 level as the broader cryptocurrency market experiences an intense sell-off, triggering renewed uncertainty among traders.

ETH is currently trading around $3,067, marking a 23% decline over the past month and signaling one of its steepest corrections of 2025.

Long-Term Holders Accumulate, But Pressure Mounts

Despite the sharp correction, on-chain data shows long-term Ethereum holders are doubling down. According to CryptoQuant, Ethereum is trading roughly 8% above the Accumulation Addresses Realized Price, a metric that tracks the cost basis of seasoned holders.

These investors have added 17 million ETH in 2025, increasing their total holdings from 10 million to over 27 million coins, suggesting deep conviction even as markets wobble.

However, the selling pressure across exchanges remains intense. More than 164,000 traders were liquidated in 24 hours, with total liquidations nearing $900 million.

Ethereum price also entered a major liquidation zone between $2,900 and $3,000, amplifying volatility. Outflows from Ethereum ETFs also surged, with over $728 million withdrawn in a week, further weakening sentiment.

Adding to market anxiety, high-profile crypto figure Arthur Hayes reportedly offloaded 1,480 ETH, sparking speculation that influential traders may be bracing for a deeper downside.

Ethereum Price Technical Levels Signal Caution

From a technical perspective, the Ethereum price structure remains fragile. The asset is trading below the 100-hourly SMA and struggling to reclaim the 50-week moving average, which now acts as resistance. A bearish trend line has formed near $3,150, with additional hurdles at $3,260 and $3,350.

On the downside, immediate support lies at $2,950, followed by a stronger floor at $2,880. A break below this region could open the path toward $2,750 or even $2,680 levels, which analysts warn could trigger broader market contagion.

Is a Recovery Still Possible?

Even amid the chaos, some analysts remain optimistic. Fundstrat’s Tom Lee insists ETH may be bottoming, projecting a potential rally toward $7,000 within 45 days, fueled by the upcoming Fusaka network upgrade, booming stablecoin activity, and growing institutional interest.

For now, the Ethereum price remains caught between strong long-term accumulation and escalating short-term selling pressure. Whether bulls reclaim the $3,150 resistance, or bears push ETH toward fresh lows, will likely hinge on macroeconomic data and Bitcoin’s next major move.

Cover image from ChatGPT, ETHUSD chart from Tradingview

Mamy wieczór 18 listopada, a Zcash sięga właśnie 2275 zł. Przez niecałe dwa miesiące projekt urósł o 1000%, gdy szeroki rynek krypt wciąż szuka stabilnego punktu odbicia w kryzysie.

Taka rozbieżność zawsze przyciąga uwagę traderów, szczególnie tych, którzy śledzą rotację kapitału w sektorach o podwyższonej zmienności. Nowy impuls na ZEC pojawił się w momencie, gdy dominujące projekty notowały wyraźne cofnięcia, co samo w sobie jest rzadkim sygnałem siły.

ZEC odbija, gdy sentyment pozostaje chłodny

Ostatnie dane rynkowe pokazują, że Zcash wystrzelił do najwyższych poziomów od czterech lat, aktualnie jego cena oscyluje wokół 2280 zł. Ostatni raz token osiągnął taką cenę w 2018 roku.

Według wykresu CoinMarketCap kurs ZEC osiągnął lokalny szczyt w trakcie turbulencji na rynku. Potwierdza to, że kapitał spekulacyjny szuka selektywnych okazji w projektach o wysokiej asymetrii.

Ta zmiana ma znaczenie dla inwestorów, bo wskazuje, że segment prywatności wciąż ma swoją niszę i potrafi bronić się w okresach podwyższonej niepewności.

Oczekiwania dotyczące rozwoju technologii prywatności znów stają się realnym tematem rozmów na rynku. Wzrost zainteresowania narzędziami chroniącymi tożsamość użytkowników nie jest nowy. Aktualny trend pokazuje jednak, że projekty takie jak ZEC nadal są postrzegane jako kryptowaluty, w które warto zainwestować w okresach dywersyfikacji, co pokazał 1000% wzrost w trakcie niespełna dwóch miesięcy.

Struktura rynku sprzyja aktywom defensywnym

Zachowanie Zcash w ostatnich tygodniach wpisuje się w klasyczny scenariusz rotacji. Kiedy główne indeksy krypto szukają fundamentu, część inwestorów przenosi kapitał do tokenów o bardziej stabilnych narracjach.

ZEC od lat utrzymuje reputację projektu, który oferuje użytkownikom zaawansowaną formę prywatności, a rynek często przypomina sobie o takich rozwiązaniach w momentach napięcia.

Skok ZEC zbiegł się z rosnącą aktywnością adresów oraz ożywieniem w wolumenie. Może być to sugestia, że nie jest to jedynie krótkotrwały zryw. Momentum nadal jest ostrożne, ale struktura ruchu wygląda bardziej jak początek nowej fali spekulacji, a nie przypadkowy wystrzał w trakcie chaosu. Według niektórych inwestorów z portalu X,  Zcash pod koniec roku, może przebić kwotę 3000 zł.

Narracja prywatności wraca do obiegu

W przestrzeni krypto regularnie pojawiają się fale dyskusji dotyczących prywatności. W momentach, gdy regulatorzy zacieśniają kontrolę, a dane użytkowników stają się coraz bardziej towarem, tokeny oparte na anonimowości odzyskują na znaczeniu.

Taki cykl widać właśnie teraz. ZEC korzysta z tego kontekstu, ponieważ od początku projektu funkcjonuje jako narzędzie, które daje użytkownikom pełną kontrolę nad tym, co udostępniają.

Niektóre tokeny mogą dynamicznie rosnąć mimo słabszych warunków makro. Zcash znakomicie wpisuje się w tę charakterystykę, bo jego wzrost nie wynika z impulsu zewnętrznego, lecz odnowionego zainteresowania fundamentalną funkcjonalnością.

Wybory inwestorów przesuwają się w stronę defensywnych trendów

Dla traderów śledzących rotacje ryzyka ZEC może służyć jako wskaźnik tego, gdzie na rynku pojawia się zysk za stabilniejszą narrację. W takich momentach wielu inwestorów przygląda się nie tylko aktualnym wystrzałom, ale też projektom we wczesnych fazach, które oferują przejrzystą tokenomikę i rozwijające się ekosystemy. Nie chodzi o wybór pomiędzy narracją prywatności a nowymi tokenami, lecz o rozsądne równoważenie portfela.

To właśnie tutaj pojawia się miejsce na wzmiankę o przedsprzedaży Best Wallet Token. Projekt przyciąga uwagę części rynku ze względu na narzędzia związane z zarządzaniem aktywami oraz transparentną dokumentację.

Jego przedsprzedaż zebrała ponad 17 milionów dolarów, co w obecnym klimacie świadczy o tym, że inwestorzy nadal są gotowi sfinansować produkty infrastrukturalne, jeśli ich koncepcja jest jasna. Wysokie nagrody za staking, które sięgają 76 procent, sugerują wczesny etap rozwoju z naciskiem na zachętę użytkowników, a nie gotowy model długoterminowy.

Cena tokena Best Wallet wynosząca 0.025965 dolara pozostaje niska jak na projekt infrastrukturalny, choć oczywiście nie stanowi to rekomendacji inwestycyjnej.

Informacje o BWT przypominają, że rynek szuka projektów, które mogą wzmacniać narzędzia do obsługi portfela w okresach większej zmienności. Część inwestorów traktuje takie inicjatywy jako wsparcie dla własnej strategii zarządzania kapitałem, niezależnie od tego, jak nabyć kryptowaluty i gdzie je później przechowywać.

ZEC jako barometr niepokoju

Wzrost ZEC zawsze można traktować jako pewnego rodzaju barometr napięcia na rynku. Choć prywatność nie jest tak modna jak narracje związane z AI, warstwami drugimi czy tokenizacją aktywów, to jej powroty bywają gwałtowne. Kiedy inwestorzy czują, że rynek nie daje stabilnych sygnałów, częściej sięgają po narzędzia, które zwiększają kontrolę nad własną aktywnością w sieci.

Aktualny trend nie wskazuje na euforię. Bardziej przypomina etap, w którym kapitał szuka kierunku i sprawdza, które projekty są w stanie utrzymać wartość w trudniejszym otoczeniu. Zcash rośnie w takich momentach dlatego, że jego narracja nie wymaga hype’u. Wystarczy kapitał, który szuka schronienia w aktywach z jasno określoną funkcją.

Rynek wciąż pozostaje w fazie podwyższonej zmienności, ale reakcja ZEC pokazuje, że segment prywatności znalazł chwilowe okno siły. Dla inwestorów to sygnał, że rotacje tematyczne nadal działają, a sektor kryptowalut oferuje unikalną możliwość obserwowania tych ruchów niemal w czasie rzeczywistym.

Bitcoin’s latest pullback has not persuaded Blackbay Capital president Todd Butterfield to re-enter the market. In a fresh BTC/USD daily chart on Bitfinex, shared on X, the Wyckoff specialist reiterates: “Yes, I am still on the sidelines with#BTC. Our Wyckoff indicators are still not flashing BUY. We are new below the .382 retracement as well…”.

Wyckoff Analysis Predicts Deeper Bitcoin Price Correction

The chart covers May to 17 November 2025 and shows Bitcoin trading at $92,838. Across this period Butterfield maps a textbook Wyckoff distribution. The advance into early summer culminates in a Buying Climax (BC) just above $123,000, followed by an Automatic Reaction (AR) that establishes support slightly above $112,000. A Secondary Test (ST) revisits the BC area, confirming the white horizontal resistance band drawn around the $123,000 region.

Later, price marginally exceeds that ceiling in an Upthrust After Distribution (UTAD), before failing back into the range. Under Wyckoff logic this marks the terminal trap for late buyers and confirms that large players are distributing. Once the UTAD fades, Bitcoin breaks below the AR line in a Sign of Weakness (SOW), then produces a lower high labelled Last Point of Supply (LPSY), where a rally stalls beneath former support.

Trend metrics back the bearish structure. The 20-day simple moving average sits at $103,132.2 and the 50-day SMA at $110,033.9, both sloping downward. With spot at $92,838, BTC is decisively below both moving averages, consistent with Wyckoff’s markdown phase rather than the start of a new accumulation.

Butterfield also overlays Fibonacci retracements of the preceding uptrend. Two levels are explicitly marked: the 0.382 retracement at $95,358.1 and the 0.5 retracement at $101,257.8. Bitcoin is currently below the 0.382 line, the condition he highlights in his post as reinforcing a non-bullish stance. A small vertical bracket between current price and the 50% level visually underscores how far BTC would need to rebound to test a deeper retracement.

Below price, three proprietary Wyckoff indicators drive his decision to stay sidelined. The Wyckoff Optimism–Pessimism (Aggregate, 5) line trends steadily lower and now sits near –520.89K, signalling persistent net selling throughout the distribution. The Wyckoff Force (Aggregate, 10) indicator has rolled into negative territory at around –852.3, reflecting downside progress backed by meaningful volume, particularly on the SOW and follow-through selling.

The Wyckoff Technometer (Aggregate, 50, 38, 5), plotted as an orange oscillator, has repeatedly flagged overbought conditions above the 50 line near earlier peaks in June, July, August and October. Today it reads 40.7—below overbought yet still above the oversold band around 38. In Butterfield’s framework, that mid-range reading does not qualify as a low-risk buy zone.

At press time, BTC traded at $91,570.

Bitcoin is under severe pressure as the market slips into what many analysts now describe as a dangerous zone. The loss of the $90,000 support level — a key psychological and structural threshold — has intensified fear across the crypto landscape. Bulls, who previously defended this region throughout the year, are now losing control as price volatility accelerates and liquidity thins out.

As a result, a growing number of market commentators are beginning to call for the start of a potential bear market, arguing that the trend has shifted decisively.

Adding to the panic, new on-chain data shows an unexpected development that has further rattled investors: after eight months of inactivity, Mt. Gox has just transferred 10,423 BTC (worth roughly $936 million) to a new wallet. These movements typically precede distributions to creditors, and historically, any transfer from Mt. Gox has triggered sell-off concerns due to the amount of supply that could enter the market.

The timing couldn’t be worse. With sentiment already fragile and Bitcoin struggling to find support, the sudden appearance of nearly a billion dollars’ worth of BTC on the move has amplified uncertainty. Whether this sparks a deeper breakdown or becomes another shakeout before recovery remains the question driving today’s market narrative.

What the Mt. Gox Transfer Signals — And Why Markets Are on Edge

Historically, any on-chain movement from Mt. Gox wallets has been interpreted as a precursor to creditor distributions. Even if the coins are not immediately destined for exchanges, the possibility of that supply eventually hitting the market is enough to amplify fear — especially when Bitcoin has just lost the crucial $90K level.

Traders worry that a portion of these funds could be sold, adding tens or hundreds of millions in sell pressure at a moment when liquidity is already thin.

This stress is intensifying because the market is not only dealing with internal crypto dynamics but also major macroeconomic fractures. Japan’s economy is emerging as a pressure point, with the Yen carry trade beginning to unwind again. For years, investors borrowed cheap yen to buy higher-yielding assets, including US Treasuries and even crypto. Now, with Japan under strain and the yen strengthening, those leveraged positions are being forced to deleverage. That unwinding drains liquidity from global markets and puts indirect pressure on risk assets like Bitcoin.

Combined — Mt. Gox supply risk, lost support levels, and macro contagion — the environment is primed for elevated volatility. Whether this becomes a deeper breakdown or a capitulation bottom depends on how the market absorbs the coming days.

Weekly Chart Signals Deep Stress but Key Support Still Holding

Bitcoin’s weekly chart shows a decisive shift in market structure as BTC trades around $90,877, marking one of its sharpest multi-week declines since mid-2024. The breakdown from the $100K–$105K consolidation range pushed price directly into the weekly 50-period moving average, a level that previously acted as dynamic support during multiple pullbacks throughout the cycle.

Losing this level decisively would increase the probability of a deeper retracement toward the $85K–$88K liquidity zone, where the 100-week MA currently aligns.

Volume confirms the severity of the move: red candles have expanded significantly over the past two weeks, suggesting that sellers are in control and that forced liquidations may be accelerating the drop. However, the wick rejections near $89K indicate that buyers are still active at lower levels, absorbing a portion of the sell pressure and preventing a complete breakdown so far.

Structurally, BTC remains above its long-term 200-week moving average, but the distance is narrowing quickly. Historically, when Bitcoin enters this phase — sharp corrections into major weekly supports — it often transitions into a high-volatility environment before choosing a direction.

If bulls can defend the current region and reclaim the $95K–$98K band, momentum could stabilize. If not, the market risks revisiting deeper demand zones.

Featured image from ChatGPT, chart from TradingView.com

The Office of the Comptroller of the Currency (OCC) — the bureau responsible for regulating and supervising all national banks — has announced that US financial institutions may hold crypto assets to cover blockchain network fees.

National Banks Allowed To Manage Crypto 

In a letter released on Tuesday, the OCC stated that banks are permitted to pay network fees to facilitate activities involving digital assets, provided the banks can foresee a legitimate need for holding these currencies. 

The letter, which was signed by the Senior Deputy Comptroller and the Chief Counsel of the regulatory agency, states that a bank’s proposal to manage crypto assets on its balance sheet for the purpose of settling network fees is acceptable under current regulations.

Additionally, the OCC confirmed that national banks can hold digital assets as a principal asset for testing platforms related to crypto activities, whether these systems are developed in-house or sourced from third-party services. 

Banks To Trade Stablecoins For Payment Processing

The regulator acknowledged that requiring banks to rely on external parties for crypto assets could increase operational costs and risks, potentially deterring thorough testing of their systems.

Furthermore, national banks may borrow securities from custody customers that are ineligible for purchase for their own accounts. This permits banks to lend these securities to third parties without exposing themselves to credit risk from the customers.

The guidelines also indicate that banks are allowed to buy, sell, and issue stablecoins to facilitate payments. If a bank already possesses the operational capacity to manage the purchase, sale, and custody of digital assets in conjunction with other permissible activities, minimal additional operational hurdles are anticipated for acquiring, holding, and utilizing crypto to address network fees.

Featured image from DALL-E, chart from TradingView.com 

According to viral posts circulating on social media, a dramatic Bitcoin forecast is drawing attention this week. Bitcoin is trading around $93,700, down about 26% from its October peak of $126,200.

Reports have disclosed a November drop that brought a 15% correction earlier in the month. Short bursts above $96,000 have already faded, and at one point the price slipped below $93,000.

Bold Prediction From A High IQ Claimant

YoungHoon Kim, who has publicly claimed an IQ of 276, says Bitcoin will hit $220,000 within 45 days. Based on reports, that would mean roughly a 130% gain from current levels.

His forecast was shared in a short clip on X, where he offered no technical charts or on-chain evidence to support the jump. He did, however, pledge to donate 100% of any profits he makes from the rally to “build churches for Jesus Christ in every nation,” a motive he cited alongside his bullish view.

As World’s Highest IQ Record Holder, I expect #BITCOIN is going to $220,000 in the next 45 days.

I will use 100% of my Bitcoin profits to build churches for Jesus Christ in every nation.

“For with God nothing shall be impossible.” (Luke 1:37) https://t.co/1zVoeuxk5C pic.twitter.com/eY7RcAjx0p

— YoungHoon Kim, IQ 276 (@yhbryankimiq) November 16, 2025

Market Moves And Sentiment

Price action has been choppy. There was a quick rise to about $96,000 that failed to hold, then a retreat below $94,000. Several tries to break and stay above $100,000 have not stuck, and trader confidence has slipped.

Based on reports, some market watchers point to panic selling by short-term holders and position rotation among “OG”, or longer-term holders as drivers of this volatility.

Institutional buying and long-term holders are still present in the market, and their activity provides liquidity that some believe will support prices over time.

How This Fits Other Forecasts

Other bullish calls are being cited alongside Kim’s prediction. Fundstrat’s Tom Lee has maintained a year-end target range of $200K-$250K. A technician known as Egrag Crypto has also highlighted a $220,000 level in past commentary.

Reports show these targets overlap, but the methods behind them differ, and the timing is not always tied to the same drivers.

Technical And Practical Hurdles

Reaching $220,000 within weeks would require Bitcoin to reclaim price zones that have flipped from support into resistance.

That means buying pressure would need to outpace selling across multiple price levels. No single indicator guarantees such a sharp move, and the short-term past performance demonstrates how quickly sentiment can shift.

Featured image from The Effective Church Group, chart from TradingView

With the market struggling to regain bullish traction, Solana continues to trend downward, now hovering around the $130 price level. During this sharp pullback in SOL’s price, there has been a notable selling spree among investors, which seems to have migrated to those held in treasury reserves.

Ongoing Sell-Off Extends Into Solana Treasuries

After closing on a negative note on Monday, Solana’s ongoing bearish performance has expanded into another day. At the same time, a surprising shift in institutional sentiment and action has emerged concerning the thriving SOL treasuries narrative.

As the market wanes, one of Solana’s key treasury-backed companies has started to dump portions of its SOL holdings. OxNobler, a DeFi researcher and crypto investor, shared this change in sentiment, which is stirring fresh debate regarding the altcoin’s outlook in the short term.

Forward Industries, the largest SOL treasury company in the sector, is currently carrying out this renewed selling activity. The move comes at a time when Solana has been experiencing increased institutional attention and strong on-chain activity, making the decision to sell unexpected and should be closely monitored.

According to the researcher, Forward Industries has begun selling its over 6.8 million SOL holdings valued at a staggering $1.65 billion. OxNobler highlighted that the leading treasury company acquired SOL just 2 months ago. However, the firm is now selling off its holdings at a massive loss as the price of SOL keeps dropping.

Following this move to sell, speculations are whether this action is a strategic repositioning in the face of market volatility or a standard treasury rebalance. Such a sale from institutional investors is likely to inject a new layer of complexity into Solana’s narrative and its price trajectory in the weeks ahead.

A Hub For Seasoned Crypto Engineers

While large corporations may be dumping SOL, Vibhu, the mid-tier manager at the Solana Foundation, advocates buying the leading altcoin, predicting it could rise to the $1,000 price mark. The manager’s conviction is fueled by the network’s growing recognition and adoption by developers.

According to Vibhu, SOL is the epicenter of the most gifted network engineers, DeFi and consumer founders, and creatives in the cryptocurrency space. In addition, the only decentralized, scaled network that covers consumer goods, institutional products, and everything in between is Solana.

Vibhu calms that SOL has the best integration with onramps, exchanges, neobanks, and brokerages aside from Ethereum and Bitcoin. Unlike ETH and BTC, the network’s strategic value is based on driving unchain usage and revenues, a narrative that registers with everyday investors.

This year has been remarkable for SOL, achieving multiple milestones, which is expected to be more obvious in the upcoming months and years. Presently, Solana is half the age of Ethereum, but has the same or higher level of mindshare across the board; in other words, the slope is steeper. “There are product categories in which Solana is currently behind, and it will not remain that way forever,” Vibhu stated.

MicroStrategy, a publicly traded business intelligence company, is facing new heat as world-class economist Peter Schiff unleashes a blistering takedown of the firm’s all-in Bitcoin (BTC) bet. As the price of Bitcoin slides below key levels, Schiff has warned that MicroStrategy’s model cannot sustain itself, arguing that a critical flaw could push the company into a “death spiral.” His claims have sparked a fierce debate within the crypto community, with many outrightly dismissing his perspective as exaggerated, while others closely monitor the market as pressure intensifies. 

MicroStrategy To Face Bitcoin-Fueled Death Spiral

Schiff’s latest criticism centers on MicroStrategy’s use of preferred shares to accumulate additional Bitcoin. He argues that the company’s business model only works if income-oriented funds buy into high-yield preferred shares, yet he insists the promised yields are simply a fantasy. 

According to him, once institutional buyers realize that the returns cannot be paid out, they will exit the investment, preventing MicroStrategy from issuing more shares. In his view, this could trigger a death spiral he believes is already unfolding. 

Notably, Schiff’s warning was met with immediate frustration from crypto community members who argued that MicroStrategy does not depend on preferred shares for survival. The commenter dismissed the possibility of a death spiral, insisting that the shares are merely a tool for expanding the business intelligence company’s Bitcoin stash and are not tied to operational stability. 

Schiff fired back, saying that without the ability to produce Bitcoin yield, MicroStrategy has nothing valuable to offer investors. His remarks came at a tense moment in the market. The price of Bitcoin had fallen toward $90,000 while gold hovered near all-time highs at $4,000, reinforcing the global economist’s long-held belief that gold is superior to BTC. 

Adding more fire, he stressed that the leading cryptocurrency had crashed 40% from its record highs and pointed out that the drop looks even worse when compared to gold, which has been performing fairly well. Moreover, with the MSTR stock down more than 50% over the past six months, the timing of his verbal attack on MicroStrategy couldn’t be more perfect for the skeptic. 

MicroStrategy Faces Trouble As Stock Falls Below BTC

Co-founder of EasyA, Don Kwok has highlighted a major risk with MicroStrategy’s stock trading below Net Asset Value (NAV). This means that the company’s market cap is lower than the value of its Bitcoin holdings. Historically, no treasury company has stayed below NAV for long without consequences.

Kwok explained that MicroStrategy’s business model works only if MSTR trades at a premium NAV. When it falls below, issuing new shares dilutes shareholder exposure because the company gives away more ownership that it receives in Bitcoin. He warned that if the stock continues to decline, it could lead to further losses, potentially increasing market volatility.

Crypto exchange Binance has announced that BlackRock’s tokenized fund, BUIDL, will now be accepted as collateral on the platform. This comes as the tokenized fund expands to the BNB chain, a move welcomed by the exchange’s former CEO, Changpeng Zhao. 

What The Binance Partnership With BlackRock’s BUIDL Means

Binance has partnered with BlackRock’s BUIDL to expand its collateral offerings for institutional off-exchange settlement services, Binance Banking Triparty, and MirrorRSV. The exchange has now added support for BUIDL, which is a tokenized short-term U.S. Treasury fund. The exchange explained that its Banking Triparty is a custodial solution designed for institutions that separates asset custody from trading execution. 

With this, users can trade on the crypto platform by pledging fiat or fiat-equivalent collateral such as BlackRock’s BUIDL, which a regulated third-party banking partner will hold. Meanwhile, the crypto exchange also explained that MirrorRSV is an off-exchange custody solution provided by Ceffu, its institutional crypto custody partner. 

MirrorRSV allows users to trade on Binance while the assets remain in segregated cold wallets and can be verified on-chain. The exchange noted that this gives institutions enhanced transparency and auditability while retaining access to the exchange’s liquidity. This move is expected to boost institutional crypto adoption, as these options are meant to provide easy access to the crypto space. 

Binance also announced that BlackRock’s BUIDL will launch on the BNB Chain, further enhancing access and interoperability across on-chain applications. The tokenized fund is already supported on the Ethereum, Solana, Avalanche, and Aptos networks. The fund is also available on Ethereum layer-2 networks such as Polygon, Arbitrum, and Optimism. 

Binance co-founder Changpeng “CZ” Zhao commented on BlackRock BUIDL’s partnership with Binance and its launch on BNB. He welcomed BlackRock, the world’s largest asset manager, to the crypto platform and the BNB Chain, noting that BlackRock manages $13 trillion in assets under management (AUM), making the deal a major one for crypto. Notably, Franklin Templeton, which has $1.53 trillion in AUM, also recently launched its tokenization platform, BENJI, on BNB. 

Features Of The BUIDL Integration

Binance stated that through the BlackRock BUIDL integration, its institutional users can now hold the tokenized fund off-exchange with Ceffu and Binance’s regulated, third-party banking partners. That way, they will be able to earn yield on their collateral while also trading on the crypto exchange. The crypto exchange added that this move will effectively address user needs, enable confident scaling of allocations, and ensure regulatory compliance. 

BlackRock’s BUIDL joins other supported yield-bearing assets on Binance, which include USYC and cUSDO, which were integrated earlier this year. Crypto pundit Coachty noted that the partnership is TradFi-crypto convergence in real time. He added that BUIDL is becoming the go-to institutional asset in the tokenization boom and that the flow of capital into on-chain RWAs is only getting started.