News•Nov 22, 2025
Sovereign Bitcoin Adoption Would Be the Ultimate Upside Catalyst: Jeff Park
ProCap CIO Jeff Park told The Pomp Podcast that sovereign adoption—specifically a major OECD country buying Bitcoin on its balance sheet—would be a "black swan" catalyst capable of pushing BTC from its current $85,089 level to around $150,000, a 76% jump. He stressed the need for a genuine, verifiable announcement rather than a marketing stunt, and added that clearer guidance on quantum‑computing risks could also curb recent whale selling pressure. Park’s comments echo founder Samson Mow’s view that nation‑state adoption may arrive sooner than expected, while Glassnode and other analysts note that current whale sell‑offs are within normal cycles.
By Cointelegraph
News•Nov 21, 2025
Build on Bitcoin Token Rallies on Coinbase Listing
The newly issued Build on Bitcoin (BOB) token surged 25% to $0.0225 after being listed on Coinbase, marking one of the few gains in a broadly down crypto market. Launched on November 20 at $0.018 with a $45 million market cap,...
By The Defiant
News•Nov 21, 2025
‘Rich Dad, Poor Dad’ Author and Bitcoin Bull Robert Kiyosaki Sells His BTC
Robert Kiyosaki, author of “Rich Dad, Poor Dad,” disclosed that he sold his $2.25 million Bitcoin holding—bought at roughly $6,000 per coin and sold near $90,000— and will redeploy the proceeds into two surgery centers and a billboard business. He projects...
By Cointelegraph
News•Nov 21, 2025
New Bitcoin ‘Top Signal’ Is in – The Bear Market Indicator You Hate to See
Crypto analysts point to a new bearish indicator for Bitcoin: the timing of major crypto IPOs. The article notes that Coinbase’s direct listing on April 14, 2021 coincided with Bitcoin’s then‑record high of about $64,000, and that subsequent high‑profile offerings...
By CryptoSlate
News•Nov 21, 2025
Bitcoin’s Death Cross Confirmation Could Mean BTC Is Officially in a Bear Market
Bitcoin has confirmed a technical “death cross” as its 50‑day moving average fell below the 200‑day average, coinciding with a close below the 50‑week EMA and a slide to a six‑month low of about $80,500. Analysts note that every Bitcoin...
By Cointelegraph
News•Nov 21, 2025
Anchorage Digital Adds HYPE Staking Support Through Figment Partnership
Anchorage Digital announced that it will offer HYPE staking on HyperCORE through a partnership with validator infrastructure provider Figment, extending its regulated custody and DeFi services to the Hyperliquid ecosystem. The staking service will be available via Anchorage Digital Bank,...
By Cointelegraph
News•Nov 21, 2025
People Prefer Digital Banks over Crypto Wallets: Can a 9% Return on Holdings Change Reality?
A recent Mercuryo and Protocol Theory study finds that only 13% of the U.S. public consider Web3 crypto wallets intuitive, while 65% already use digital wallets for payments, capturing 39% of e‑commerce and 16% of in‑store transactions. Traditional digital wallets...
By CryptoSlate
News•Nov 21, 2025
NFT Lending TVL Nears All-Time Lows
The NFT lending market has collapsed to roughly $8.3 million in total value locked (TVL), a 97% drop from its March 2024 peak of over $300 million, according to DefiLlama. Leading platforms have seen dramatic declines: Arcade’s TVL fell to about $300,000...
By The Defiant
News•Nov 21, 2025
Ex-Coinbase Lawyer Announces Run for New York Attorney General, Citing Crypto Policy
Former Coinbase policy counsel Khurram Dara has officially launched a campaign to challenge incumbent New York Attorney General Letitia James in the 2026 election, running as a Republican. Dara, who previously led regulatory and policy work at Bain Capital Crypto...
By Cointelegraph
News•Nov 21, 2025
Japanese Bitcoin Treasury Firms Keep Beating BTC. Tax Policy Makes Outperforming U.S. Peers the Easy Part
Japanese digital‑asset treasury (DAT) companies listed on the Tokyo Stock Exchange are consistently trading at premiums to the underlying Bitcoin price, driven by Japan’s punitive crypto tax regime. Crypto gains are taxed as miscellaneous income at rates up to 55%...
By CoinDesk
News•Nov 21, 2025
Fanatics Enters Prediction Markets via Crypto.com Partnership
Sports merchandiser Fanatics announced a partnership with Crypto.com to launch a prediction‑markets platform within the next few weeks, according to CEO Michael Rubin on CNBC. The service will allow users to wager on outcomes of events such as sports, elections...
By CoinDesk
News•Nov 21, 2025
Bitcoin ASIC Producer Bitmain Under US Investigation over National Security Risks: Report
U.S. authorities have opened a federal probe, dubbed “Operation Red Sunset,” into Chinese Bitcoin mining hardware maker Bitmain over concerns that its ASICs could be remotely controlled for espionage or sabotage of the power grid. The investigation, led by the...
By Cointelegraph
News•Nov 21, 2025
Bitcoin Drops as Yen Falls, Canada Approves Stablecoin Rules: Global Express
Japan approved a ¥21.3 trillion ($135 billion) stimulus package aimed at easing inflation, prompting concerns that increased bond issuance will further weaken the yen and could force the Bank of Japan toward a rate hike, pressuring Bitcoin lower. Meanwhile, the crypto‑themed PubKey...
By Cointelegraph
News•Nov 21, 2025
GSR Expands Institutional Platform to Raise Transparency, Control in Crypto Trading
Crypto liquidity provider GSR has expanded its institutional platform, GSR One, into a unified trading and treasury system that combines market making, systematic OTC trading and treasury management. The upgrade delivers real‑time order‑book depth, custom analytics, programmatic execution tracking, enhanced...
By CoinDesk
News•Nov 21, 2025
Can Bitcoin Really Be a Store of Value? What Pension Funds Are Starting to Discover
Pension funds are beginning to treat Bitcoin as a potential store‑of‑value asset, citing its capped 21 million supply, global 24‑hour liquidity and digital durability that parallel gold’s traditional attributes. While regulators, volatility, cybersecurity and limited performance history remain concerns, funds such...
By Cointelegraph
News•Nov 21, 2025
APriori Denies Insider Role as Mysterious Entity Claims Most of APR Airdrop
Web3 startup aPriori said it had no involvement in a suspicious airdrop activity in which a single entity claimed roughly 60% of the APR token distribution across 14,000 linked wallets, a pattern identified by analytics firm Bubblemaps as a Sybil‑style...
By Cointelegraph
News•Nov 21, 2025
Memecoin Market Sinks to 2025 Low as $5B Wiped Out in a Day
The memecoin market plunged to its lowest valuation since early 2025, with combined market cap falling to $39.4 billion—a $5 billion loss in 24 hours and a 66.2% drawdown from the Jan. 5 peak of $116.7 billion. The sell‑off occurred despite a 40% surge in...
By Cointelegraph
News•Nov 21, 2025
Snipers Made $1.3M on Jesse Pollak’s Creator-Coin Debut on Base
Two automated traders, known as snipers, extracted more than $1.3 million in profit by exploiting Base’s newly introduced “flashblocks” micro‑block system during the debut of Jesse Pollak’s creator‑coin, JESSE. The 200‑millisecond flashblocks let bots spot the token‑deployment transaction and submit high‑fee...
By CoinDesk
News•Nov 21, 2025
SoftBank’s PayPay Changes the Game for Binance Japan Users
SoftBank-owned PayPay is integrating its PayPay Money e‑money service with Binance Japan, allowing users to fund crypto purchases and withdraw crypto directly to PayPay Money with a minimum transfer of 1,000 yen. The integration follows PayPay’s 40% stake acquisition in...
By Cointelegraph
News•Nov 21, 2025
Yen Slump Is Bullish for BTC and Risk Assets. Or Is It?
The Japanese yen has plunged to a 157.20 per‑dollar low, sparking expectations of Bank of Japan intervention and raising questions about its traditional role as a cheap funding currency for risk‑on trades. While a weak yen historically fuels carry‑trade flows...
By CoinDesk
News•Nov 21, 2025
Bitcoiners Lose Their Mind After Scott Bessent Walks Into a Bitcoin Bar
U.S. Treasury Secretary Scott Bessent made an unannounced appearance at the opening of Pubkey, Washington’s first Bitcoin‑themed bar, prompting enthusiastic reactions from the crypto community. Bessent, viewed as crypto‑friendly after supporting recent digital‑asset legislation and exploring a strategic Bitcoin reserve,...
By Cointelegraph
News•Nov 21, 2025
Asia Morning Briefing: ZEC's Rally Outpaces What Transparent Onchain Data Can Explain
Zcash (ZEC) has outperformed Bitcoin and Ethereum this year, but transparent on‑chain metrics show no broad user‑base expansion. The only visible transaction surge came from the short‑lived Zerdinals inscription wave, which pushed daily transparent transactions above 70,000 before reverting to...
By CoinDesk
News•Nov 21, 2025
Bitcoin Won’t Hit $200K Until Q3 2029: Veteran Trader Peter Brandt
Veteran trader Peter Brandt warned that Bitcoin is unlikely to reach $200,000 before the end of 2024, projecting the next bull market to push the cryptocurrency to that level around Q3 2029. His timeline contrasts sharply with more aggressive forecasts from...
By Cointelegraph
News•Nov 21, 2025
Tom Lee Speculates Wounded Market Makers Behind Crypto Crunch
Tom Lee, chairman of BitMine and co‑founder of Fundstrat, told CNBC that the recent crypto market slump is likely driven by balance‑sheet holes at market makers that were exposed by the Oct. 10 crash, which liquidated roughly $20 billion. He said the...
By Cointelegraph
News•Nov 21, 2025
Crypto Coin Minute for November 21st, 2025 at 05:15 AM Pacific Time.
The post highlights three recent crypto-related news items: a UK fraud investigation into a collapsed $28 million crypto fund resulting in two arrests, Bitcoin slipping below $90,000 which raises fears of further price drops, and a $2 trillion reversal in the S&P 500...
By Crypto Coin Minute
News•Nov 20, 2025
Tether’s Gold Hoard Surges to 116 Tons, Rivals Small Central Banks
Jefferies reports that stablecoin issuer Tether has amassed at least 116 tons of gold, making it the largest non‑sovereign holder and comparable to small central banks. The bullion, valued at roughly $15 billion, includes 12 tons backing its XAUt token and 104 tons backing...
By CoinDesk
News•Nov 20, 2025
MegaETH Announces $250 Million Pre-Deposit Campaign
Ethereum Layer‑2 project MegaETH will launch a limited‑access pre‑deposit bridge on November 25 for users who registered for its ICO via Sonar, allowing unlimited USDC deposits that will be minted into the native stablecoin USDm in partnership with Ethena. The...
By The Defiant
News•Nov 20, 2025
Crypto Lobbyists Pitching Trump on Getting Things Done During Congress' Uncertainty
More than 60 crypto industry groups, led by the Solana Policy Institute and joined by the Blockchain Association, Digital Chamber, Crypto Council for Innovation and firms such as Uniswap, Paradigm and FalconX, sent a letter to President Donald Trump urging...
By CoinDesk
News•Nov 20, 2025
Ex-Prosecutor Denies Promising Not to Charge FTX Executive's Partner
U.S. attorney Danielle Sassoon testified that her team would likely cease investigating former FTX Digital Markets co‑CEO Ryan Salame if he pleaded guilty, a statement she made during an evidentiary hearing in the Southern District of New York. Salame received...
By Cointelegraph
News•Nov 20, 2025
SEC to Hold Privacy and Financial Surveillance Roundtable in December
The U.S. Securities and Exchange Commission’s Crypto Task Force has scheduled a privacy and financial surveillance roundtable for Dec. 15, bringing together crypto executives and regulators to discuss industry pain points without committing to policy changes. The meeting comes amid...
By Cointelegraph
News•Nov 20, 2025
Dinari Integrates LayerZero to Offer Cross-Chain Access to Tokenized U.S. Equities
Dinari announced the integration of LayerZero’s Omnichain Fungible Token (OFT) protocol, allowing its tokenized U.S. equities—called dShares—to be traded and settled across multiple blockchains. The rollout initially spans four chains and 200 U.S. stocks, backed 1:1 by the underlying securities,...
By The Defiant
News•Nov 20, 2025
Polymarket Seeks $12 Billion Valuation After Record-Breaking Month
Polymarket is pursuing a new funding round that would value the decentralized prediction‑market platform at $12 billion after posting record trading volumes of over $3 billion in October and an expected $3.5 billion in November, driven in part by the NYC mayoral election...
By The Defiant
News•Nov 20, 2025
Andrew Tate Loses Everything on Hyperliquid: Inside His Leveraged Crypto Liquidation Meltdown
Andrew Tate deposited $727,000 into the crypto derivatives platform Hyperliquid and, without making any withdrawals, lost the entire amount through a series of high‑leverage liquidations that culminated on Nov. 18 when his balance hit zero. Over roughly a year he...
By CryptoSlate
News•Nov 20, 2025
Bitcoin for Taxes? Proposed Bill Would Let Americans Pay the IRS in BTC
Representative Warren Davidson (R‑OH) introduced the Bitcoin for America Act, which would let U.S. taxpayers settle federal taxes with Bitcoin. Payments made in BTC would be exempt from capital‑gains tax and would be deposited into a newly created Strategic Bitcoin...
By Cointelegraph
News•Nov 20, 2025
Anthony Scaramucci-Backed AVAX One Approves $40M Stock Buyback
AVAX One, an Avalanche‑focused digital‑asset treasury firm backed by Anthony Scaramucci, announced that its board has authorized up to $40 million of common‑stock repurchases. The buyback program will be executed at the company’s discretion to address a roughly 70 % drop in...
By CoinDesk
News•Nov 20, 2025
Bitcoin For America Act Would Allow Tax Payments in BTC
Rep. Warren Davidson (R‑Ohio) introduced the Bitcoin For America Act, which would let U.S. taxpayers settle federal taxes with Bitcoin at the market price at transfer, exempting them from capital‑gains tax. All Bitcoin collected would be deposited into a Strategic...
By The Defiant
News•Nov 20, 2025
Coinbase Launches ETH-Backed Loans as Onchain Lending Tops $1.25B
Coinbase has introduced Ether‑backed loans for U.S. customers, letting users borrow up to $1 million in USDC against their ETH holdings on the Base network, with rates that vary based on market conditions. The product, built with DeFi protocol Morpho, joins...
By Cointelegraph
News•Nov 20, 2025
Crypto Exchange Ripio Reveals $100M Crypto Treasury, Second Largest in Latin America
Latin American crypto exchange Ripio disclosed a cryptocurrency treasury exceeding $100 million, making it the second‑largest publicly known digital‑asset treasury in the region after Brazil’s OranjeBTC. The holdings, primarily bitcoin and ether, have been acquired since 2017 and are managed through...
By CoinDesk
News•Nov 20, 2025
Ray Dalio Still Owns Bitcoin, but Says Traceability and Quantum Threat Are Concerns
Bridgewater founder Ray Dalio confirmed he maintains roughly a 1% allocation to Bitcoin, a stake he has held for years. He warned that Bitcoin’s public ledger and potential susceptibility to quantum‑computing attacks make it unlikely to become a global reserve...
By CoinDesk
News•Nov 20, 2025
India’s Government May Consider Stablecoin Framework, Diverging From RBI
India’s finance ministry is set to propose a regulatory framework for stablecoins in its upcoming annual report, signaling a potential shift from the Reserve Bank of India’s cautious stance on crypto assets. RBI Governor Sanjay Malhotra reiterated the central bank’s...
By Cointelegraph
News•Nov 20, 2025
ICP Breaks Below Key Support as Volume Surges at Resistance Test
Internet Computer (ICP) slipped below the $4.95 support level and is now trading around $4.80, despite a modest 0.75% gain in the last 24 hours. A volume spike of 5.63 million tokens—85% above the daily average—coincided with a failed push above...
By CoinDesk
News•Nov 20, 2025
The Rise of Crypto Treasuries: How One Bet Sparked a Corporate Shift
In 2020 Michael Saylor redirected MicroStrategy's $500 million cash reserve into bitcoin, creating the first corporate crypto treasury and sparking a wave of similar strategies after the SEC approved spot bitcoin and ether ETFs in 2024. Companies ranging from healthcare firm...
By CoinDesk
News•Nov 20, 2025
Bitcoin Downtrend Accelerates, but Traders Eye Short Liquidity at $100K
Bitcoin has broken below the $90,000 support level, accelerating its downtrend as price action slides toward the $80,000 range. Technical charts show bearish momentum, with the next key resistance zone identified between $98,000 and $100,000, where short sellers are expected...
By Cointelegraph
News•Nov 20, 2025
BONK Holds Range as Heavy Volume Marks Key Support Retest
Solana memecoin BONK remained confined to a narrow consolidation band, trading around $0.000009922 and slipping 0.7% after a volatile two‑day swing. A volume surge of 1.68 trillion tokens—91% above the 24‑hour average—validated an initial breakdown at $0.0000102 and helped establish a...
By CoinDesk
News•Nov 20, 2025
SEC Enforcement Actions Dropped 30% Under Paul Atkins: Report
A Cornerstone Research report shows that SEC enforcement actions fell about 30% in fiscal 2025 under Chair Paul Atkins compared with fiscal 2024, continuing a pattern of declines after leadership changes from Gary Gensler. The drop includes fewer crypto-related investigations,...
By Cointelegraph
News•Nov 20, 2025
Huge $100 Billion Crypto Listing Stampede Started by Kraken’s Stealth IPO Filing
Kraken filed a confidential S‑1 on Nov. 19, joining a wave of crypto‑focused firms such as Circle, BitGo, Gemini and Grayscale that are seeking public listings, a coordinated IPO cycle estimated to represent up to $100 billion in market value. The...
By CryptoSlate
News•Nov 20, 2025
Ethereum’s Fusaka Upgrade Signals New Era for Value Accrual: Fidelity Digital Assets
Fidelity Digital Assets says Ethereum’s upcoming Fusaka hard fork, slated for December, marks the blockchain’s most value‑driven roadmap to date, consolidating consensus and execution layer changes to boost layer‑1 scalability and usability. Analyst Max Wadington argues the upgrade signals a...
By CoinDesk
News•Nov 20, 2025
Crypto for Advisors: Crypto Indices Explained
CoinDesk’s “Crypto for Advisors” newsletter featured WisdomTree’s digital‑assets research director Dovile Silenskyte explaining how crypto index design—asset selection, weighting, rebalancing, and data governance—determines trust, transparency, and the viability of institutional products. She highlighted that unlike equity indices, crypto indices must contend...
By CoinDesk
News•Nov 20, 2025
Core Foundation Wins Injunction Against Maple Finance on Alleged Confidentiality Breach
Core Foundation secured an injunction from the Grand Court of the Cayman Islands prohibiting Maple Finance from launching its own liquid‑staking token, syrupBTC, or dealing in CORE tokens while arbitration proceeds. The foundation alleges Maple breached exclusivity clauses and misappropriated...
By CoinDesk
News•Nov 20, 2025
Solana ETFs Post Second-Biggest November Inflows as Demand Grows During Downturn
Solana spot ETFs have recorded a 17th consecutive day of net inflows since their debut on Oct. 28, adding $48.5 million on Wednesday and bringing cumulative inflows to $476 million, the second‑largest daily addition in November. The inflow streak is the longest...
By CoinDesk