Day: November 17, 2025

White House Moves to Tax Foreign Crypto Holdings as Dormant Wallets Move 4,668 BTC

Key Notes Long-dormant Bitcoin wallets reactivated, releasing $500 million worth of BTC into already weakened market conditions. The Treasury Department’s CARF proposal would require foreign exchanges to automatically report US citizens’ holdings to authorities. Strategy purchased 8,178 BTC for $835.6 million despite the downturn, raising total holdings to 649,870 coins. Bitcoin BTC $91 866 24h volatility: 2.8% Market cap: $1.83 T Vol. 24h: $90.45 B fell to $92,900 on Nov. 17, 2025, under intense selling pressure from long-term holders. Political uncertainty surrounding a crucial US congressional vote on Tuesday deepened…

DappRadar Shuts Down After Seven Years Citing Financial Unsustainability

Key Notes The platform tracked 18,111 dapps across 93 blockchains and served 500,000 monthly users before shutting down operations. DappRadar raised $7.33 million in funding but faced a $15,500 monthly burn rate with only three months of stablecoin runway remaining. The DAO treasury holds $1.6 million in assets, with 97% in RADAR tokens that have crashed following the closure announcement. DappRadar announced it will shut down after seven years of operation. The platform cited financial unsustainability as the reason for closure. The RADAR token dropped approximately 30% immediately following the…

Bitcoin, Altcoins Fall To Fresh Lows, Erasing Most 2025 Gains

boss

Key points: Bitcoin’s fall has resulted in three consecutive weeks of outflows from crypto ETPs, indicating a negative sentiment. Several altcoins are struggling to start a rebound, indicating a lack of demand from buyers. Bitcoin (BTC) attempted a recovery to start the week, but the long wick on the candlestick shows selling at higher levels. Several analysts believe that the market is likely to bottom soon and that the worst is over. Bitwise CEO Hunter Horsley said in a post on X that BTC has been in a bear market…

This Is What A Mining God Looks Like

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I am the mine master. We’re getting rich in these mines today. Game: Coal LLC – Music provided by: (Epidemic Sound) ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Why Is Zcash Thriving? Paid Promotion Or Real Momentum?

boss

After years in the wilderness, Zcash (ZEC) has staged a roughly 740% price “pump” this year, with analysts linking the move to surging demand for on-chain privacy and a cluster of high-profile endorsements. The speed and timing of the rally have ignited a heated debate on X: is Zcash’s resurgence driven by coordinated paid promotion, or by genuine improvements in its technology and monetary design? The flashpoint came from infrastructure founder Mert Mumtaz (@0xMert_), who mocked the idea that a single “mega-whale” is paying off every visible supporter. “There’s a…

Solana Price Steady at $134 as $6.4T Fidelity Prepares SOL ETF for Imminent Launch

Key Notes Fidelity submitted Form 8-A for its Solana spot ETF, typically the final step before trading begins within 24 hours. Pump.fun revenue exceeded $900 million, highlighting strong ecosystem activity despite recent market weakness. SOL tests the 100-week SMA at $164.71 with RSI at 38.41, approaching oversold territory as bulls seek re-entry. Solana SOL $130.0 24h volatility: 5.2% Market cap: $72.32 B Vol. 24h: $7.05 B price held steady around $134 on Nov. 17, limiting losses to under 1.5% as global crypto markets opened lower. Traders positioned cautiously ahead of…

Exchange Giant Cboe Global Markets To Roll Out Perpetual-Style Bitcoin and Ethereum Futures in December

boss

The derivatives and securities exchange giant Cboe Global Markets is rolling out “perpetual-style” futures contracts for Bitcoin (BTC) and Ethereum (ETH) next month. Cboe says its new “Continuous Futures” products, which are still subject to regulatory review, will have 10-year expirations at listing and daily cash adjustments, mimicking perpetual exposure. Rob Hocking, the global head of derivatives at Cboe, says the continuous futures contracts are designed to allow customers to trade a perpetual-like product, typically traded offshore, in a US-regulated environment. “The structure of Cboe’s Continuous Futures is designed to…

NASDAQ-Listed SVRN Discloses $133M Treasury Holdings of NEAR

Key Notes Company transitions from passive shipping operations to AI infrastructure focus, rebranding ticker from OP to SVRN on Nasdaq. Treasury management employs active yield-generating strategies achieving 5.3% gross APY while planning validator node operations. Institutional backing includes $120M funding round from Kraken, Proximity, Fabric Ventures supporting NEAR Protocol integration ambitions. Nasdaq-listed OceanPal’s wholly owned subsidiary, SovereignAI, disclosed on Nov. 17 a treasury holding of 53.9 million NEAR NEAR $2.21 24h volatility: 4.2% Market cap: $2.84 B Vol. 24h: $456.76 M , representing a value of approximately $133 million by…

BTC’s Drop Did Not Change Its Fundamentals: Coinbase

boss

Key takeaways: Bitcoin fundamentals remain intact despite the $1 trillion drop in the crypto total market cap. Long-term holders and institutional investors continue to absorb Bitcoin’s distributed supply. Analysts argue that the decline is structural, driven by leverage and rotations, rather than bearish sentiment. The crypto market has erased more than $1.1 trillion in value over the last 41 days, averaging a staggering $27 billion loss per day, according to the Kobeissi Letter. Yet analysts argue that this is not a bearish collapse, but a structural reset driven by leverage,…