Key Notes The Kobeissi Letter reassured investors that the Bitcoin bear market will pass. John Deaton agreed, pointing out several instances in which he suffered a bear BTC market. Bitcoin is down below $90k for the first time in months. Pro-XRP lawyer John Deaton made a post on X, pointing out how he has experienced several bear markets over the years. He pointed out that there was nothing fun about experiencing bear markets. All the same, the legal practitioner asserted that such situations “will pass.” I bought Bitcoin for the…
Category: Reviews
How Crypto Stocks React to Market Sell-Off
Key Notes Bitcoin’s drop below $90K and $1B in weekly ETF outflows triggered a broad sell-off across crypto-linked equities. Coinbase and MicroStrategy both slid, with MSTR extending its drawdown despite Saylor’s new 8,178 BTC purchase. Mining stocks showed mixed performance as hashprice plunged. On Nov. 18, Bitcoin BTC $90 905 24h volatility: 4.8% Market cap: $1.81 T Vol. 24h: $119.21 B broke below $90k as risk appetite soured on rate-cut uncertainty, spilling into crypto-exposed equities. U.S. spot BTC ETFs saw heavy net outflows in early mid-November, with $1 billion…
SEC’s 2026 Priorities Drop Crypto Highlight: What Does It Mean?
Key Notes The SEC removed its dedicated crypto-assets section from the 2026 exam priorities. It reflects Washington’s increasingly pro-industry stance. While crypto isn’t singled out, the SEC cautions that other risk areas may still be reviewed. The U.S. SEC’s Division of Examinations published its priorities for fiscal 2026 without the dedicated crypto-assets section that appeared in recent years. It is a notable change as Washington adopts a friendlier stance toward digital assets. The agency instead spotlights fiduciary duty, standards of conduct, custody, privacy, and operational resilience. At the same time,…
El Salvador Buys 1,100 BTC as Price Slides Below $90k
Key Notes El Salvador bought ≈1,090 BTC during a major market dip. Its reserves rose to ~7,500 BTC thanks to its largest single-day purchase so far. The move follows Bukele’s ongoing “1 BTC per day” accumulation policy. El Salvador expanded its national Bitcoin BTC $90 628 24h volatility: 5.2% Market cap: $1.81 T Vol. 24h: $115.76 B stash by just over a thousand coins this week, stepping up accumulation during one of the sharpest sell-offs of 2025. So far, it’s the largest single-day purchase made by the pro-Bitcoin country. The…
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…
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…
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…
VanEck Launches Second US Solana Staking ETF With Zero Fees
Key Notes VanEck waives all fees until February 2026, combining 0.30% sponsor and 0.28% staking provider costs for zero-cost exposure. Bitwise maintains market dominance with 98% of Solana ETF inflows and cheaper 0.20% permanent management fee structure. SOL Strategies operates validator infrastructure with ISO 27001 certification managing over $437 million in staked digital assets. VanEck launched the VanEck Solana ETF on Nov. 17, 2025, which became the second spot Solana staking exchange-traded product to trade in the US. The fund trades on Cboe BZX Exchange under the ticker VSOL with…
BitMine Chairman Predicts Market Top, Holds $11.10 Billion in ETH
Key Notes Lee attributes current market weakness to liquidity drainage following October 10 liquidations, comparing it to quantitative tightening effects. BitMine holds $11.1 billion in Ethereum at $3,120 per ETH, currently facing 1.37% unrealized losses as markets consolidate. The executive maintains bullish outlook, projecting crypto cycle peak will occur between 12 to 36 months from now despite near-term volatility. Thomas “Tom” Lee of Fundstrat, chairman of BitMine, recently addressed crypto investors’ concerns about the market having reached its top value this cycle. BitMine is the world’s largest Ethereum ETH $3…