Crypto

Toobit, a cryptocurrency exchange headquartered in the Cayman Islands, launched a special campaign with the participation of the world-renowned climber Chris Sharma. The initiative aims to reward traders for completing various tasks. The $1 Million Prize Pool Toobit’s newest campaign, called “Trails to Triumph with Chris Sharma,” will encourage both experienced and new traders to […]

U.S.-listed spot BTC and ETH ETFs see record outflows.

The asset plunged to its lowest levels since the October 11 market-wide crash.

The net outflows skyrocketed once again on Thursday,

Historically, yen weakness has been linked to risk-on sentiment. However, this narrative now appears challenged against the backdrop of Japan’s mounting fiscal strains.

Plume says that Securitize, a tokenization platform backed by BlackRock and Morgan Stanley, has inked a deal to deploy institutional-grade assets on Plume’s Nest staking protocol. The real-world asset (RWA) market value could more than triple by 2026, as it expands beyond crypto-native use cases and utility, according to Chris Yin, co-founder and CEO of RWA-focused layer-2 blockchain Plume.  Speaking to Cointelegraph, Yin said that RWA value has taken off in the last year and he expects it to increase by three to five times in 2026, as a base case.  “Currently, we are tracking to over 10x the RWA holders number since the start of the year and so we expect us to keep inflecting and we think it’s not crazy to imagine another banner year with 25x+ in user growth numbers,” he said.  Read more

Industry groups have urged Trump to use executive authority to speed crypto rules, saying agencies can offer clarity without Congress.

If the MSCI decides to exclude digital asset treasuries, index-tracking funds would need to sell, and that alone “creates meaningful pressure on the affected names.” Digital asset treasury companies could face “meaningful pressure” if the stock market index MSCI decides to exclude them in January, according to an analyst, who told Cointelegraph that this is likely. The MSCI Index announced in October that it was consulting with the investment community about whether to exclude Bitcoin (BTC) and other digital asset treasury companies (DATs) that have a balance sheet with more than 50% crypto assets.  Some of the feedback has been that DATs can “exhibit characteristics similar to investment funds, which are currently not eligible for index inclusion,” according to the MSCI.  Read more

Bitcoiners viewed US Treasury Secretary Scott Bessent’s appearance at the opening night of the Bitcoin-themed bar as “a sign” for Bitcoin. The Bitcoin community lit up on Thursday after US Treasury Secretary Scott Bessent made an unannounced appearance at the launch of Washington’s new Bitcoin-themed bar, Pubkey. “Having the Secretary of the Treasury at the Pubkey DC launch seems like a moment I could easily look back on and say ‘wow, it was all so obvious,” Bitcoin (BTC) treasury company Strive chief investment officer Ben Werkman said in an X post on Thursday. Steven Lubka, Nakamoto’s vice president of investor relations, called it “the sign you have been waiting for.” Read more

Widening U.S. credit spreads, overextended market gains, and an uncertain macro landscape are being blamed for Thursday's wipeout.

"I’d estimate a likely upside around $0.30 for November," ChatGPT stated.

The package aims to ease the burden of inflation on households and businesses, according to media report

Metaplanet might be underwater, but it’s doubling down on Bitcoin — plus a new survey shows 6 in 10 Singaporeans hold crypto. Asia Express. Japans largest corporate Bitcoin holder, Metaplanet, plans to raise around $135 million to accumulate more BTC, even as the assets price continues to trade below $90,000. The company is choosing to raise capital through issuing preferred shares instead of common stock, which seems to be largely to protect the stock price from tanking any further. Metaplanets share price has already plummeted nearly 60% in the past six months, now standing at 387 JPY (approximately $2.46 USD), according to Google Finance. To avoid further volatility, the company will issue preferred shares with a 4.9% dividend instead of common shares, as per a statement published on Thursday. Read more

The office has begun probing Basis Markets, a defunct crypto project accused of misappropriating investor funds.

Crypto’s recent slump could be the result of a market maker liquidity crisis triggered by the crypto crash in October, speculates BitMine’s Tom Lee. The recent downward pressure on the cryptocurrency market could be the result of deep holes in the balance sheets of market makers, according to Tom Lee, chairman of Ether treasury company BitMine. Speaking with CNBC on Thursday, Lee suggested that the Oct. 10 market crash, which saw a record $20 billion liquidated from the market, ultimately caught some market makers off-guard, causing severe liquidity issues. With less capital to operate, combined with reduced capital from traders as their primary source of revenue, it’s a tough time for market makers, Lee said. As a result, this has also led them to shrink their “balance sheet further” in a bid to free up more capital. Read more

Google has faced criticism after a buried setting allowed Gemini to scan inboxes and calendars without clear notice to users.

Analysts from the investment banking giant wrote in a note Thursday that removal from MSCI indices could lead to $2.8 billion in outflows.

Kalshi has joined predictions market rival Polymarket in the $10 billion-plus valuation club after reportedly raising another $1 billion from Sequoia Capital and CapitalG. Predictions market platform Kalshi has reportedly raised an additional $1 billion from at least two venture capital firms, increasing its valuation to $11 billion. Kalshi’s latest funding round was led by Sequoia Capital and CapitalG, according to a report on Thursday from TechCrunch that cited a person familiar with the matter. Andreessen Horowitz (a16z), Paradigm, Anthos Capital and Neo were among the other Kalshi investors that sat out on the latest $1 billion funding round. Read more

XRP just plunged toward the critical $2 threshold after shedding 16% in a single week, casting doubt on whether the token can hold its ground, or if a bearish XRP price prediction is now unavoidable.With 24-hour trading volumes spiking 27%, representing nearly 5% of its circulating market cap, pressure is mounting fast.The launch of a […] The post XRP Price Prediction: Brutal Sell-Off Pushes XRP Toward Total Collapse – Is a Bear Market Officially Starting? appeared first on Cryptonews.

Amid AI bubble concerns, Bitcoin has returned to $91,000 and major altcoins have slipped, while PEPENODE’s mine-to-earn presale has raised $2.17 million and has been framed as the best altcoin coin for traders expecting a potential crypto rebound into 2026. The post Best Altcoin Coin to Buy During the Crypto Crash – 20 November appeared first on Cryptonews.