Ether Treasury Firm FG Nexus Unloads Nearly 11K ETH to Fund Share Buyback
FG Nexus, an Ethereum‑focused digital‑asset treasury firm, sold 10,922 ETH—worth about $33 million at current prices—and borrowed $10 million to repurchase 3.4 million shares, roughly 8% of its float, at an average price of $3.45 per share, below its reported NAV of $3.94. The buyback leaves the company with roughly 40,000 ETH and $37 million in cash and USDC, while its stock remains more than 95% below its summer peak despite a brief 2% intraday rise. The move follows a similar $40 million token sale by fellow DAT firm ETHZilla and reflects mounting pressure on digital‑asset treasury companies whose market caps have fallen far below the net‑asset value of their crypto holdings.
Cipher Mining Inks New 10-Year HPC Deal With Fluidstack; Shares Rise 13%
Cipher Mining signed a 10‑year high‑performance computing (HPC) hosting agreement with Fluidstack, adding 56 MW of capacity at its Barber Lake, Texas site and bringing Fluidstack’s lease to the full 300 MW. The contract secures roughly $830 million of revenue for the initial...
21Shares Lists Six More Crypto ETPs in Europe: Aave, Cardano and More
21Shares announced the cross‑listing of six new crypto exchange‑traded products (ETPs) on Nasdaq Stockholm, adding Aave, Cardano, Chainlink, Polkadot and two basket funds to its portfolio and bringing its total Stockholm offerings to 16. The move follows the launch of...
World App Starts Virtual Bank Accounts Pilot for USDC Payroll Deposits
World App has launched a pilot of virtual bank accounts in the United States, issuing unique account numbers that let users receive direct deposits such as payroll payments directly into the app. Incoming funds are automatically converted to USDC, eliminating...
B. Riley Cuts Digital Asset Treasury Company Price Targets as Crypto Slump Deepens
B. Riley Securities trimmed its net asset value (mNAV) assumptions and price targets for a slate of digital‑asset treasury companies (Datcos) as crypto asset prices continue to slump, with Bitcoin down about 16%, Ether 22% and Solana 28% while the...
JPMorgan Warns MSCI Decision Could Force Strategy Out of Top Equity Indices
JPMorgan warned that MSCI’s upcoming Jan. 15 ruling on MicroStrategy (MSTR) could strip the company from major equity benchmarks such as the Nasdaq 100, MSCI USA and MSCI World. The bank estimates that removal could trigger $2.8 billion in passive outflows, rising to...
Bitcoin Whale Owen Gunden Dumps Entire $1.3B Stack as Institutions Tighten Grip
Early Bitcoin investor Owen Gunden liquidated his entire on‑chain holding, moving the last 2,499 BTC – valued at about $228 million – to Kraken and completing sales of roughly 11,000 BTC worth $1.3 billion since October 2021. The dump comes as retail...
Samourai Sentences Cement DOJ’s Money Transmitter Theory for Crypto Mixers
Co‑founders of the privacy‑focused Samourai Wallet, Keonne Rodriguez and William Lonergan Hill, were sentenced to four and five years in federal prison for operating an unlicensed money‑transmission business and facilitating illicit crypto transactions through the wallet’s Whirlpool CoinJoin mixer. The...
AI and HPC Bitcoin Miners Surge Pre Market Following Stellar NVIDIA Earnings
AI- and high‑performance‑computing‑focused bitcoin miners rallied in pre‑market trading after NVIDIA posted a Q3 earnings beat and a robust Q4 outlook, lifting sentiment across the sector. IREN jumped more than 8% to around $50, Cipher Mining surged 11% to over...
BitMine Sits on $3.7B Loss as DAT ‘Hotel California’ Meets BlackRock’s Staked ETH ETF
BitMine Immersion Technologies, the largest corporate holder of Ether, now faces a $3.7 billion paper loss as its ETH cost basis of $4,051 per token sits $1,000 below current prices, pushing its market‑adjusted NAV (mNAV) below 1 (0.77 basic, 0.92 diluted)....
Abu Dhabi Investment Tripled IBIT Holdings in Q3 as Bitcoin Headed to Record High
Abu Dhabi Investment Council’s vehicle Al Warda Investments more than tripled its stake in BlackRock’s iShares Bitcoin Trust (IBIT) in Q3, raising its holding to just under 8 million shares worth $517.6 million, a 230% increase. The council, a subsidiary of sovereign‑wealth...
Singapore’s ‘Finance-Savvy’ Retail Prefers Trust over Low Fees: Survey
A joint MoneyHero‑Coinbase survey of 3,513 Singaporean retail investors finds that 61% of finance‑savvy participants now hold cryptocurrency, with trust in regulated platforms outweighing low fees as the primary exchange selection criterion. The respondents are predominantly long‑term holders—58% identify as...
Bitcoin Core Wins Rare Praise as Independent Audit Finds No Serious Flaws
Bitcoin Core completed its first independent security audit, which concluded that the software contains no serious vulnerabilities. Reviewers highlighted the project's robust security architecture, extensive testing regime, and overall code maturity. The audit, conducted by a reputable third‑party firm, marks...
MEXC Taps Hacken for Proof-of-Reserves Audits to Boost Transparency
MEXC has expanded its partnership with blockchain security firm Hacken to launch monthly, independently verified Proof‑of‑Reserves (PoR) audits, with reports to be published by Hacken without MEXC review starting in late November. The audits will compare MEXC’s on‑chain reserves against...
WLFI’s ‘Community Governed’ Image Strained as Trump-Backed Project Freezes Wallets
World Liberty Financial (WLFI), a Trump‑family‑backed crypto platform that markets itself as community‑governed, announced it will reallocate assets from wallets compromised in a September phishing attack. The hack exposed seed phrases of 272 wallets, of which 215 were linked to...
Cathie Wood’s ARK Loads up on Circle, BitMine, Bullish as Crypto Stocks Slide
Cathie Wood’s ARK Invest increased its crypto‑related exposure on Wednesday, buying roughly $39 million of shares in Bullish, Circle Internet Group and BitMine across its ARKF, ARKW and ARKK ETFs. The ARK Innovation ETF alone purchased 322,917 Bullish shares ($16.8 million), 150,518...
India's Debt-Backed ARC Token Eyes Tentative Q1 2026 Debut, Sources Say
India’s Asset Reserve Certificate (ARC), a rupee‑backed stablecoin developed by Polygon and fintech firm Anq, is slated for a tentative launch in the first quarter of 2026. Each ARC token will be minted 1:1 against cash or cash equivalents such...
Dogecoin Hits Multi-Month Lows as Exchange Flows Turn Bullish for First Time in 6 Months
Dogecoin slid 7.4% on Nov. 20, falling from $0.160 to $0.149 and breaking the key $0.155 support level. Despite the drop, exchange net inflows turned positive for the first time in six months and whales accumulated 4.72 billion DOGE (about $770 million)...
Bitwise XRP ETF to Launch Thursday, but Community Questions Ticker
Bitwise Asset Management announced that its spot XRP exchange‑traded fund will debut on the New York Stock Exchange Thursday under the ticker “XRP.” The ticker choice sparked debate on X, with some users warning it could be confused with the...
1 in 3 Young Investors Switched Advisers over Crypto Access: Survey
A Zerohash survey of 500 U.S. investors aged 18‑40 found that 35% have moved assets away from wealth advisers who do not provide crypto access, with most movers earning $100,000‑$1 million and shifting $250,000‑$1 million each. Over 80% say institutional adoption by...
Cloudflare Outage Shows Why Crypto Needs End-to-End Decentralization
A recent Cloudflare outage temporarily disabled access to several blockchain-based platforms, highlighting the reliance of many decentralized applications on Web2 infrastructure for front‑end delivery and data storage. While the underlying blockchains remained operational, services such as EthStorage and other crypto...
Bitcoin Whale Activity on Track for Its Biggest Week This Year: Analysts
Analysts at Santiment say Bitcoin whale activity is on track to become the most active week of 2025 as the cryptocurrency slipped below $90,000 for the first time in seven months, recording over 102,000 transactions above $100,000 and 29,000 above...
Asia Morning Briefing: Market Turns Defensive as Bitcoin Loses Its Bid
Bitcoin’s price is hovering around $92,000 as demand wanes and market structure weakens, with analysts flagging the end of the core demand wave that powered last year’s rally. CryptoQuant notes slowing ETF accumulation and Treasury‑company buying, while Glassnode reports short‑term...
Warning: WhatsApp Worm Targets Brazilian Crypto Wallets, Bank Accounts
Trustwave’s SpiderLabs has uncovered a new WhatsApp‑based malware campaign targeting Brazilian crypto holders and bank customers. The attack delivers a worm that hijacks the victim’s WhatsApp account and a banking trojan called “Eternidade Stealer,” which silently installs a stealer that...
Crypto Coin Minute for November 20th, 2025 at 05:15 AM Pacific Time.
The post provides a snapshot of major cryptocurrency prices on November 20, 2025, highlighting Bitcoin at $91,701, Ethereum at $3,026, and others, while linking to four news items: a Cloudflare outage underscoring the need for full decentralization, Abu Dhabi Investment...
Stablecoin Spending Goes Mainstream With Opera MiniPay’s LatAm Integration
Opera’s MiniPay wallet, built on the Celo blockchain, has launched a “Pay like a local” feature that lets its 10 million users in Argentina and Brazil spend USDT directly at merchants via QR codes linked to PIX and Mercado Pago. The...
XRP Price at Risk of a 25% Drop to $1.55: Here Is Why
XRP is trading within a descending triangle on the eight‑hour chart and broke the flat support at $2.20, opening the path for a measured drop to $1.55, roughly a 25% decline from current levels. A bearish divergence on the weekly...
Samourai Wallet Co-Founder Bill Hill Sentenced to 4 Years in Prison for Unlicensed Money Transmitting
William “Bill” Hill, 67, co‑founder of the Bitcoin mixing service Samourai Wallet, was sentenced by U.S. District Judge Denise Cote to four years in prison for conspiracy to operate an unlicensed money‑transmitting business, after pleading guilty in July. Prosecutors allege...
BlackRock Registers Staked Ethereum Trust
BlackRock has officially registered the iShares Staked Ethereum Trust in Delaware, four months after the SEC acknowledged its filing to allow staking in its ETHA Ethereum ETF. The new trust follows BlackRock's ETHA, the largest Ethereum ETF with over $13 billion...
Trump's Pick to Run CFTC, Selig, Tells Senators Crypto a 'Critical Mission' At Agency
Mike Selig, President Donald Trump’s nominee to chair the Commodity Futures Trading Commission, testified before the Senate Agriculture Committee, emphasizing that crypto regulation will be a top priority. He pledged to create a framework that supports software developers and new...
Advocacy Group Proposes DeFi Solutions to Address Global Poverty
The DeFi Education Fund, an advocacy group for decentralized finance, argues that DeFi could cut remittance and other financial service costs for the unbanked and underbanked by up to 80%, potentially saving about $30 billion a year worldwide. The group highlights...
Why 26.5 Billion XRP Tokens Are Now Sitting at a Loss Despite a $2 Price Tag
XRP’s market health has deteriorated, with Glassnode reporting that only 58.5% of its circulating supply is in profit – the lowest since November 2024 – leaving roughly 26.5 billion tokens (41.5% of supply) at a realized loss despite the token trading...
Crypto Leverage Hits Record High in Q3 as DeFi Dominance Reshapes Market Structure: Galaxy
Galaxy Digital’s Q3 report shows crypto‑collateralized borrowing surged to a record $73.6 billion, with on‑chain DeFi loans accounting for 66.9% of the total and hitting an all‑time high of $41 billion—a 55% jump from the previous peak. Centralized lenders grew 37% to...
AI Agents Need Identity and Zero-Knowledge Proofs Are the Solution
AI agents lack verifiable identity, creating a trust deficit that hampers their deployment in finance and other sectors. Evin McMullen argues that zero‑knowledge proofs (ZKPs) can let both humans and AI prove credentials—such as age, regulatory compliance, or ethical training—without...
Hyperliquid to Roll Out ‘Growth Mode’ to Supercharge New Markets
Hyperliquid announced a "growth mode" upgrade for its HIP‑3 perpetual futures system, slashing taker fees from the standard 0.045% to as low as 0.00144%‑0.009% for new permissionless markets. The fee reductions, which also apply to rebates and volume contributions, are...
Sidechains Pay, XRPL Won’t — the Real Tug-of-War over Staking and XRP’s Future
The XRP Ledger (XRPL) remains a fast, fee‑only payment network that eschews economic incentives for validators, a design that has limited its total value locked to roughly $87 million versus rivals like Ethereum and Solana. RippleX’s head of engineering, Ayo Akinyele,...
10-Year Bitcoin Model Approves Buying BTC at $100K Since Time Does ‘the Heavy Lifting’
A 10‑year power‑law model of Bitcoin, cited by researcher Sminston With, shows that a $100,000 investment would yield roughly 300% returns over a decade regardless of whether the entry price is 20% above, at, or below the current $94,000 level, even...
Coinbase Debuts DEX Trading in Brazil as ‘Everything App’ Vision Grows
Coinbase has launched decentralized exchange (DEX) trading for Brazilian users, expanding token access from a few hundred to potentially millions within the Coinbase app. The feature routes trades through platforms such as Uniswap and Aerodrome, offers fee‑free network transactions, and...
ICP Softens as Failed Breakout Above $5.17 Shifts Market Back Into Consolidation
Internet Computer (ICP) price softened after failing to break above the $5.17 resistance level, erasing gains from Monday’s rally. Heavy trading volume at the key resistance signaled exhaustion, pushing the token back toward its short‑term support zone. The move suggests...
BONK Extends Slide as Key Support Break Raises Prospect of Further Downside
BONK token fell to $0.00001006, breaking the $0.00001032 support level that had anchored recent short‑term consolidation. Trading volume surged to 1.06 trillion tokens, more than double the recent average, with additional spikes of 28.6‑32.1 trillion tokens as the price approached...
US Government Reopening May Unleash Crypto ETF Floodgates: Analyst
Analyst Matt Hougan of Bitwise predicts that the end of the U.S. government shutdown will trigger a wave of crypto exchange‑traded fund (ETF) approvals in 2026, potentially exceeding 100 new launches, with a particular focus on index‑based products. He cites...
Winklevoss-Backed Cypherpunk Buys $18M More Zcash, Bringing Holdings to $150M
Cypherpunk Technologies, the digital‑asset treasury firm backed by Gemini founders Cameron and Tyler Winklevoss, announced an $18 million purchase of 29,869 Zcash tokens at an average price of $602.63, raising its total ZEC holdings to 233,644 tokens valued at roughly $150 million....
Why Kohaku Is Central to Ethereum’s 2025 Privacy Shift
At Devcon 2025, Vitalik Buterin unveiled Kohaku, an open‑source privacy and security toolkit aimed at Ethereum wallets. The framework provides a modular SDK and a reference browser‑extension wallet that integrates existing zk‑SNARK mixers, supports private and public modes, multi‑key risk‑based...
HSBC to Bring Tokenized Deposits to US and UAE as Stablecoin Race Heats Up
HSBC announced it will launch its Tokenized Deposit Service (TDS) for corporate clients in the United States and the United Arab Emirates in the first half of 2026, extending a program that began in Hong Kong and has since rolled...
Bullish Swings to Profit in Third Quarter After Adding Options, U.S. Spot Trading
Bullish (BLSH), the crypto platform behind CoinDesk, posted a third‑quarter profit of $18.5 million, or $0.10 per share, reversing a $67.3 million loss a year earlier and beating analysts’ EPS expectations. The turnaround was driven by the launch of U.S. spot trading...
Kenya’s New Crypto Law Faces Stress Test as Bitcoin ATMs Appear in Malls
Kenya’s Virtual Assets Service Providers (VASP) Act, which took effect on Nov. 4, 2025, has sparked a regulatory showdown as Bitcoin ATMs branded “Bankless Bitcoin” appeared in several major Nairobi malls. The Central Bank of Kenya and the Capital Markets Authority...
Aster Drops ‘Machi Mode’ to Reward Getting Rekt as Machi Leads Liquidations
Decentralized exchange Aster is launching “Machi mode,” a feature that awards points to traders who get liquidated, a nod to high‑risk trader Machi Big Brother who has logged 71 liquidations since November. The mode will go live next week and taps into...
Ondo Wins Liechtenstein Approval to Offer Tokenized Stocks in Europe
US‑based tokenization platform Ondo Global Markets has secured approval from the Liechtenstein Financial Market Authority to launch tokenized stocks and ETFs across the European Economic Area, covering 30 countries and over 500 million investors. The approval leverages Liechtenstein’s passporting regime under...
Senators Warn Trump-Linked Crypto Firm May Pose National Security Threat
Democratic senators Elizabeth Warren and Jack Reed have urged the Justice Department and Treasury to investigate World Liberty Financial (WLFI), a crypto firm co‑founded by Donald Trump and his sons, over alleged sales of its governance tokens to wallets linked...
Hyperliquid Unveils HIP-3 Growth Mode, Slashing Fees by 90% to Boost New Markets
Hyperliquid has rolled out HIP-3 growth mode, a permissionless market‑deployment feature that cuts all‑in taker fees by more than 90% for new assets. Fees drop from the standard 0.045% to as low as 0.0045%‑0.009%, with further reductions for top‑tier stakers,...