Stablecoin Risks Low In Euro Area

Financial stability experts at the European Central Bank (ECB) say stablecoin-related risks in the euro area are limited due to low adoption and preventative regulation. The ECB on Monday published its financial stability review pre-release, devoting it to the growing market of stablecoins, which are digital assets pegged to the value of fiat currencies or commodities. Authored by ECB financial stability experts Senne Aerts, Claudia Lambert and Elisa Reinhold, the report questioned stablecoin use cases beyond crypto trading and highlighted their low financial stability risks in the euro area. “Currently,…

Biotech Penny Stock To Raise $212M In Prediction Market Token Play

A Nasdaq-listed biotech firm is raising $212 million in a late-cycle pivot into crypto, planning to buy the token of a decentralized prediction market even as other digital-asset treasuries (DATs) struggle to stay afloat. Enlivex Therapeutics (ENLV), a clinical-stage macrophage reprogramming immunotherapy company, said Monday it plans to raise $212 million through a private investment in public equity, selling 212 million shares at $1 each. The price represents an 11.5% discount to Friday’s close, according to the company’s filing with the US Securities and Exchange Commission. The company plans to…

MicroStrategy Stock Slumps While Its Bitcoin Strategy Stays Profitable

Bitcoin investor Strategy is facing one of its roughest stretches this year, prompting quick speculation that its high-conviction Bitcoin play is coming undone. But a look beyond the one-year chart tells a different story. Google Finance data shows that Strategy (MSTR) stock is down nearly 60% over the last year, and has declined by over 40% year-to-date (YTD). The stock traded near $300 in October before dropping to roughly $170 at the time of writing. While some interpret the situation as its Bitcoin model being “exposed,” Strategy is still sitting…

Thailand’s Bitkub Exchange Considers Hong Kong IPO: Report

Bitkub, Thailand’s biggest cryptocurrency exchange, is considering an initial public offering (IPO) abroad amid a downturn in the local stock market. Bitkub is planning to raise $200 million as part of a potential IPO in Hong Kong, Bloomberg reported on Monday, citing unidentified sources familiar with the matter. Founded in 2018, Bitkub trades about $66 million daily, according to CoinGecko data. The exchange had considered an IPO in Thailand, targeting a public launch in 2025, which has reportedly been stalled because of volatility and uncertainty in the Thai stock market.…

Is Bitcoin Back? BTC Price Bets Refocus Above $90,000

Bitcoin (BTC) heads into the November monthly close hanging by a thread below $90,000. Bitcoin traders hope for a modest recovery and even a return above the $100,000 mark after a brutal sell-off. BTC price action still has to contend with the aftermath of its latest “death cross” on daily timeframes. New data suggests that speculators are absorbing coins distributed by long-term holders. Thanksgiving week offers a brief yet data-rich period for risk assets. Crypto market sentiment is on the rebound as stocks sink deep into “extreme fear.” Is Bitcoin…

Bitcoin Open Interest Plunge Could Spark ‘Bullish Trend’

Bitcoin open interest has dropped off as the cryptocurrency’s price has slid over the past month, which an analyst argues could see Bitcoin hit a bottom and spark a “renewed bullish trend.” Open interest in terms of Bitcoin (BTC) has seen its “sharpest 30-day drop of the cycle” at around 1.3 million BTC, currently worth $114 billion with Bitcoin trading at $87,500, analyst “Darkfost” posted to CryptoQuant on Sunday. The cascading price of BTC over the past few weeks “continues to trigger liquidations,” pushing traders to double down or readjust…

X’s Country Feature Sparks Privacy Debate Among Crypto Users

Ethereum co-founder Vitalik Buterin has said a new feature rolled out by X revealing an account holder’s country was “risky,” agreeing with crypto users who flagged privacy concerns over the feature.  X director of product Nikita Bier announced the feature was rolled out on Saturday, framing it as a way to ensure the integrity of the platform and allow users to verify information. Buterin said on Sunday that some accounts will eventually “find ways to pretend to be from countries that they are not,” but initially thought the change could…

VanEck CEO Warns Quantum Computing Poses Risk to Bitcoin

Bitcoin’s encryption and privacy could be at risk from quantum computing, but it is still a good investment for now, says Jan van Eck, CEO of investment manager VanEck. “There is something else going on within the Bitcoin community that non-crypto people need to know about,” van Eck told CNBC on Saturday. “The Bitcoin community has been asking itself: Is there enough encryption in Bitcoin? Because quantum computing is coming.” He said that the company believes in Bitcoin (BTC), but it was around before the cryptocurrency launched and “will walk…

Bitcoin Demand Reverses but Long-Term Growth Story Holds

The key drivers of Bitcoin’s rally to a peak in October are now what’s causing its price to drop to multimonth lows, with crypto treasury reversals and crypto fund outflows suggesting “actual capital flight” rather than purely negative sentiment, says NYDIG. NYDIG head of research Greg Cipolaro said in a note on Friday that exchange-traded fund (ETF) inflows and digital asset treasury (DAT) demand were key to Bitcoin’s (BTC) last cycle. However, Cipolaro said a major liquidation event in early October saw ETF inflows reverse, treasury premiums collapse and stablecoin…

Strategy Supporters and BTC Community’s JP Morgan Boycott Gains steam

The backlash against financial services company JP Morgan from the Bitcoin (BTC) community and supporters of BTC treasury company Strategy continued to swell on Sunday as calls to “boycott” JP Morgan grew. The anger from the Bitcoin community followed news that the MSCI, formerly Morgan Stanley Capital International, an index company that sets criteria for index inclusion, is likely to exclude crypto treasury companies from its indexes in January 2026. JP Morgan shared the MSCI news in a research note. “I just pulled $20 million from Chase and suing them…