Day: November 19, 2025

3 Reasons Why XRP Price Could Drop To $1.55 By December.

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Key takeaways: XRP validates a bearish descending triangle, risking a 25% drop to $1.55. A bearish divergence from the weekly RSI points to increasing downward momentum. Low daily active addresses signal muted network activity and liquidity, amplifying XRP sell-off risk. XRP price traded 11% below its value a week ago, and a convergence of several data points signals a deeper correction toward $1.55.  XRP descending triangle hints at a 45% price drop The XRP (XRP) price chart confirmed a descending triangle pattern on its eight-hour chart since dropping below the…

Coinbase to Expand DEX Trading Platform in Brazil

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Coinbase is expanding its decentralized exchange trading platform, called “DeFi Mullet,” to Brazil, providing them with access to tens of thousands of tokens without needing to leave the Coinbase app. Powered by Coinbase’s Ethereum layer 2 Base, DeFi Mullet first launched in the US on Oct. 8 and is designed to abstract away the complexities of using decentralized finance protocols. “Using our DEX integration, users can trade on popular DEXs, like Aerodrome and Uniswap, without leaving the familiar ease of the Coinbase interface,” Coinbase said on Wednesday. Source: Brian Armstrong…

December Rate Cut Odds Down to 33% As Crypto Market Sentiment Craters

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The odds of an interest rate cut at the December Federal Open Market Committee (FOMC) meeting have plunged to 33% as “extreme fear” grips the crypto market and the price of Bitcoin (BTC) dips below $89,000. Investors placed the odds of a December rate cut at about 67% during the first week of November, with the odds dropping below 50% on Thursday, according to data from the Chicago Mercantile Exchange (CME). Traders on prediction markets Kalshi and Polymarket forecast the odds of a December rate cut at about 70% and…

New Hampshire Approves First Municipal Bond Backed by Bitcoin

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The bond lets companies borrow against Bitcoin held by a private custodian, unlocking capital without selling crypto or triggering taxes. The state of New Hampshire has approved the first municipal debt instrument in the United States to be backed by Bitcoin (BTC). Industry observers believe the move could open the door for digital assets to enter the global debt market, which is valued at about $140 trillion. $100M Bitcoin-Backed Financing According to journalist Eleanor Terret, the state’s Business Finance Authority (BFA) greenlighted a $100 million BTC-secured bond on Monday.…

Samourai Wallet’s William Hill receives 4-year sentence for money laundering involvement

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Key Takeaways William Hill, co-founder of Samourai Wallet, was sentenced to four years in prison for his involvement in money laundering. Samourai Wallet offered Bitcoin mixing services to enhance transaction privacy, obscuring the origins of funds. Share this article William Hill, co-founder of Samourai Wallet, a Bitcoin mixing service, received a four-year prison sentence today for operating a money-transmitting business that knowingly handled more than $237 million in criminal proceeds. The sentence follows his guilty plea in connection with allegations that Samourai Wallet facilitated money laundering by concealing illicit funds…

BlackRock registers iShares Staked Ethereum Trust ETF in Delaware

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Key Takeaways BlackRock’s iShares has filed registration for a staked Ethereum Trust ETF in Delaware, expanding its crypto offerings. The new trust will add staking capabilities to generate potential returns from Ethereum’s proof-of-stake system. Share this article BlackRock has registered a new statutory trust in Delaware under the name iShares Staked Ethereum Trust ETF, according to records from the Delaware Division of Corporations. Delaware registrations have typically preceded formal ETF applications to the SEC in recent crypto developments. The registration comes after Nasdaq filed Form 19b-4 with the SEC to…

Prospective CFTC chair Addresses DeFi Regulation at Nomination Hearing

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Michael Selig, who serves as chief counsel for the crypto task force at the US Securities and Exchange Commission, faced questions from lawmakers on the Senate Agriculture Committee for his nomination to be the next chair of the Commodity Futures Trading Commission. On Wednesday, Selig appeared before the committee and addressed questions and concerns from lawmakers on both sides of the aisle regarding his potential conflicts of interest, policy views and experience as the next CFTC chair, succeeding Caroline Pham. Michael Selig addressing lawmakers on Wednesday’s confirmation hearing. Source: US…

Bitcoin Price Dropped 77% the Last Time This Happened.

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Key takeaways: Bitcoin’s Supertrend indicator sent a “sell” signal that has led to a 77% price drop in the past. The crypto sentiment index in “extreme fear” suggests there is more pain ahead for Bitcoin investors. Bitcoin’s (BTC) SuperTrend indicator has sent a “sell” signal on its weekly chart, an occurrence that has historically marked the start of a bear market. Previous signals led to 77% to 84% BTC price drops Bitcoin’s weekly chart showed that the SuperTrend indicator flashed a bearish signal when it reversed from red to green…

Nvidia jumps after earnings beat and helps Bitcoin reclaim $90,000

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Key Takeaways Nvidia outperformed third quarter expectations and raised guidance which boosted risk sentiment across markets. Bitcoin rebounded to $90,000 following Nvidia’s earnings beat, alongside gains in major equity indexes. Share this article Nvidia delivered stronger than expected third quarter results that lifted the stock in post market trading and helped Bitcoin recover after falling below $90,000 earlier in the day. The company reported third quarter revenue of $57.0 billion against estimates of $55.2 billion and issued fourth quarter revenue guidance between $63.7 billion and $66.3 billion that exceeded market…

Kraken Raises $800M to Expand Global On-Chain Financial Infrastructure

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Kraken raised $800M across two tranches to scale operations and expand global markets. Crypto exchange Kraken has announced that it raised $800 million in funding across two tranches as part of an effort to expand its on-chain financial infrastructure and broaden its global presence. According to the company, the primary tranche was led by institutional investors, including Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital, with an additional commitment from Co-CEO Arjun Sethi’s family office. “Strategic Roadmap” Kraken also executed an agreement for a…