Day: November 20, 2025

Prospective CFTC Chair’s Nomination Advances through Committee

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Michael Selig’s nomination to chair the US Commodity Futures Trading Commission is headed for a vote on the Senate floor after clearing a committee hurdle.  In a Thursday notice, Republican leaders with the Senate Agriculture Committee said they had advanced Selig’s nomination following a Wednesday hearing. The vote was reportedly along party lines, with no Democrats supporting Selig as US President Donald Trump’s pick to replace acting Chair Caroline Pham. Source: Senate Agriculture Committee Republicans The prospective CFTC chair answered questions from senators on Wednesday regarding potential conflicts of interest,…

Barstools Founder Just Made A Million-Dollar Investment In XRP, Does He Know Something?

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Dave Portnoy has re-entered the digital-asset arena with a seven-figure allocation in XRP that has raised eyebrows across the market. At a time when XRP continues to face downward pressure and muted investor sentiment, the Barstool Sports founder executed a decisive million-dollar purchase. The timing, scale, and narrative surrounding the move have prompted renewed scrutiny of an asset many assumed had exhausted its momentum. Strategic Capital Deployment Amid XRP’s Weak Price Performance Portnoy recently revealed that he acquired $1,000,000 worth of XRP, alongside $750,000 in Bitcoin and $400,000 in Ethereum.…

Advocacy Groups Urge Trump to Intervene in the Roman Storm Retrial

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More than 65 cryptocurrency and blockchain companies and advocacy groups have called on US President Donald Trump to step in as federal prosecutors may be preparing to retry Tornado Cash co-founder and developer Roman Storm. In a letter to Trump dated Thursday and shared with Cointelegraph, advocacy organizations including the Solana Policy Institute, Blockchain Association and DeFi Education Fund, among others, made several requests regarding crypto-related policies.  The groups asked Trump to direct the IRS and US Treasury to clarify tax policy on digital assets, protect DeFi from regulators and…

Did an Uptick in Unemployment Sink Bitcoin Again?

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The cryptocurrency reclaimed $93K early Thursday morning, then suddenly retreated and fell to $86K. Unemployment Fears May Have Just Sent Bitcoin Tumbling Once More The U.S. Federal government machinery whirred to life after a record 43-day shutdown, and now key macroeconomic data, though somewhat stale, is beginning to trickle in. Thursday saw the U.S. Bureau […] Original

Analyst Claims XRP Price Will Surge To $220 Due To ETFs, But Is This Possible?

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Crypto analyst Chad Steingraber has sparked both excitement and skepticism in the crypto community with a bold prediction for the XRP price. According to his technical analysis, XRP could surge to an astonishing $220 solely due to the impact of its Exchange-Traded Funds (ETFs). He draws a parallel with Bitcoin’s historic price spike following its spot ETF launch, suggesting that institutional adoption and market enthusiasm could drive a similar meteoric rise for XRP. While the bold claim has caught the interest of market participants, questions remain about whether this projection…

Japan’s Metaplanet to raise about $135m to buy Bitcoin

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

La amenaza cuántica afecta al precio de bitcoin

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Analysts Warn of Max Pain Levels

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Key takeaways: A Bitwise analyst outlined the $84,000 to $73,000 region as the likely “max pain” capitulation range for Bitcoin. Cost-basis levels of BlackRock’s IBIT and Strategy’s BTC treasury could heavily influence liquidity flows. The worst-case scenario for BTC is a “fire-sale” level  Bitwise European head of research, André Dragosch, said that Bitcoin’s “max pain” zone resides between two critical cost-basis levels: BlackRock’s IBIT at $84,000 and MicroStrategy’s near $73,000. Dragosch argued a final cycle bottom is most likely to form somewhere between these levels, describing them as “fire-sale” prices…