Key Notes Government officials told Reuters on Nov. 18 the move aims to close a regulatory loophole in forex transaction taxation. Central Bank published regulations Nov. 10 that classify stablecoin operations as foreign exchange transactions starting February. Crypto transactions reached 227 billion reais ($42.8 billion) in the first half of 2025, with USDT accounting for two-thirds of volume. Brazil is considering expanding its foreign exchange transaction tax to cover cryptocurrency use in international payments, government officials told Reuters on Nov. 18, as authorities seek to close a regulatory loophole in…
Category: Reviews
Michael Saylor’s Latest Bitcoin Purchase Underwater
Key Notes Strategy recently purchased 8,178 BTC at an average price of $102,171. This quoted price level is about 10% above current market levels. CryptoQuant thinks that 40% of the Strategy’s 649,870 BTC holdings are in the red, with only 60% still in profit. Strategy’s recent Bitcoin BTC $91 466 24h volatility: 3.6% Market cap: $1.83 T Vol. 24h: $122.17 B purchase has raised concerns about the health status of the company’s financial portfolio. Blockchain analytics platform CryptoQuant pointed out that the acquisition announced on November 17 by Michael Saylaor,…
Cathie Wood Buys $10M in Bullish Stock Ahead of Q3 Results
Key Notes Cathie Wood’s buying of BLSH stock comes ahead of Bullish’s Q3 2025 earnings, where the exchange expects $69-$76 million in total adjusted revenue. Liquidity Services, subscription products, and partnerships with Solana and stablecoin issuers could lead to better revenue numbers for the crypto exchange. Crypto stocks continue to face heavy selling pressure, with Marathon Digital, Riot Platforms, CleanSpark, and MicroStrategy all declining further. Ark Invest CEO Cathie Wood made a bold move by buying nearly $10 million worth of stocks of crypto exchange Bullish (BLSH). This purchase on…
Mt. Gox Moves $953M in BTC After 8 Months
Key Notes Mt. Gox holds approximately 34,689 BTC worth $3.14 billion in remaining assets for ongoing creditor distributions. The rehabilitation trustee extended the repayment deadline to October 31, 2026, citing incomplete creditor procedures. The receiving wallet has not sent coins to centralized exchanges, lacking typical signs of immediate selling preparations. Mt. Gox transferred 10,608 BTC worth approximately $953 million on Nov. 18, marking the first large movement from the defunct exchange since March 2025. The transfer occurred as Bitcoin BTC $91 581 24h volatility: 3.9% Market cap: $1.83 T Vol.…
Crypto Veteran Urges Calm Amid Bitcoin Bear Market
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…
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…