Day: November 17, 2025

Highlights Successful Launch of $100M Litecoin Treasury Strategy and Movement into Active Capital Market Operations

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[PRESS RELEASE – San Diego, United States, November 17th, 2025] LITS Is the First and Only US Publicly Traded Company to Gain Institutional Exposure to LTC, Holding 929,548 LTC Tokens. Lite Strategy, Inc. (NASDAQ: LITS) (“Lite Strategy” or “LITS”) today reported results for its first quarter ended September 30, 2025, and highlighted recent corporate events related to the Company’s digital asset treasury strategy as well as its pharmaceutical operations. “Our first quarter was incredibly successful for LITS. We launched our digital treasury strategy, positioning ourselves as the leading public holder…

LevelField Financial Receives Approval to Buy Chicago Bank

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Digital asset-focused fintech firm LevelField Financial said it has secured conditional regulatory approval to acquire Chicago-based Burling Bank, marking one of the most notable crypto-banking acquisitions in recent months. The move could see LevelField become the first Federal Deposit Insurance Corporation-insured chartered bank to offer certain crypto-integrated banking services across all US states and territories, LevelField said in a statement on Monday. Details of the deal weren’t disclosed. The approval from the Illinois Department of Financial and Professional Regulation puts Burling Bank one step closer to being renamed LevelField Bank.…

Cardano Holder Loses 87% of $6.9M in Botched USDA Swap

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A dormant Cardano whale tried swapping 14.4M ADA into USDA and walked away with just 847K USDA, burning roughly $6.2M in one click. A long-dormant Cardano (ADA) whale has torched more than $6 million in a single swap after attempting to move 14.4 million ADA, worth around $7 million, into USDA, a Cardano-native stablecoin, in a low-liquidity pool. The trade left the wallet with just 847,000 USDA, an estimated 87% loss, and reopened tough questions about Cardano’s DeFi readiness. The Costly Transaction According to on-chain investigator ZachXBT, the whale…

$4.5 billion in crypto liquidations in a week amid Bitcoin drop to $91,000

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Key Takeaways Crypto markets experienced $4.5 billion in liquidations within a week, marking significant volatility. Bitcoin’s price declined sharply to $91,000, triggering widespread liquidations. Share this article Crypto markets faced heavy turbulence this week as total liquidations surged to $4.5 billion, triggered by Bitcoin’s sharp drop to $91,000. The sell-off led to widespread forced closures of leveraged positions across major digital asset platforms. More than $1 billion in leveraged positions were liquidated in the past 24 hours alone, with $300 million wiped out in just the last four hours. The…

Binance Pay grows 1,700x, accepted by over 20 million merchants this year

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Key Takeaways Binance Pay has grown by 1,700 times this year, highlighting explosive user and usage growth. The payment service is now accepted by over 20 million merchants globally. Share this article Binance Pay, the crypto exchange’s payment platform, has grown 1,700 times this year, expanding from 12,000 to over 20 million merchants globally. The surge reflects growing merchant adoption of stablecoin payments, which now account for 98% of Binance Pay’s B2C transactions in 2025. Since its 2021 launch, Binance Pay has processed over $250 billion in transactions, with strong…

ETH Falls Under $3K As BTC Slumps Toward $90K

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Key takeaways: ETH falls to a 4-month low despite recent layer-2 growth cutting base fees and boosting Ethereum’s use in tokenization and stablecoin. ETH may recover as global risks ease and new liquidity enters markets, helping the price move back toward $3,900. Ether (ETH) crashed below $3,000 on Monday, and the drop reflects a sector-wide risk-off shift where traders are worried that the bull run may have ended after a 40% correction from the $4,956 all-time high in August. ETH/USD (blue) vs. altcoin market cap (red). Source: TradingView / Cointelegraph…

Aave Launches Retail Savings App Offering Up To 9% APY

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Aave, a popular decentralized finance (DeFi) protocol, has unveiled a new savings app that offers higher-yield deposit options and real-time interest tracking for retail users. According to a Monday blog post, the Aave App will offer 5% to 9% APY and show interest accrual in real time. The app includes up to $1 million in balance protection, lets users model potential earnings and supports recurring deposits. The app accepts deposits from thousands of banks, debit cards and supported stablecoins, and offers instant withdrawals with no waiting period. A waitlist is…

Analyst Says $1.1T Wipeout Signals New Era for Crypto Markets

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BTC’s 25% slide from $126,000 to $93,000 is being labeled in some quarters as the formal start of a new bear market. A 41-day liquidation cascade erased $1.1 trillion from the crypto market, marking one of the most severe structural contractions in its history, according to an analysis by Shanaka Anslem Perera. The industry observer is framing the wipeout as the end of the high-leverage era and the beginning of a more institution-driven trading environment for the asset class. The Mechanics of a Market Reset Perera’s research showed that…

How Market Structure Votes could Influence 2026 Crypto Voters

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With the longest US government shutdown in the country’s history now over, some lawmakers have turned their attention to passing a digital asset market structure bill that could become a defining issue for many voters in the 2026 midterm elections. The US Senate Banking Committee and the Senate Agriculture Committee have released discussion drafts for their versions of the market structure bill, building on the CLARITY Act passed by the House of Representatives in July. Although the current session of Congress will last until January 2027, lawmakers may have a…

Will XRP Price Recover as Multiple ETFs Launch This Week?

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Key takeaways: Four spot XRP ETFs are set to go live across major US exchanges, unlocking institutional capital into XRP’s market.  XRP price must reclaim $2.20 as support to continue upside toward $2.60. XRP (XRP) is set for a landmark week of spot ETF launches, which could unlock billions in institutional capital. After finding support at $2.20, XRP traders are hopeful that the ETF launches will serve as the perfect springboard for a rally toward $2.60. Four spot XRP ETFs are expected to launch this week Four spot XRP ETFs…