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Author: John Smith
Summary Japan Exchange Group is considering new oversight for listed companies that hold large amounts of cryptocurrency, possibly including fresh audits. Three companies paused crypto accumulation after JPX warned about potential fundraising restrictions if crypto reserves became central. Metaplanet, now holding 30,823 bitcoin, says it follows all rules, but analysts see increased regulatory scrutiny of firms with major crypto exposure. Japan Exchange Group is considering stricter oversight measures for publicly listed companies that accumulate large cryptocurrency holdings, according to a Bloomberg report citing sources familiar with the matter. The Tokyo Stock Exchange operator is reviewing measures that could include requiring…
Michael Saylor said Bitcoin’s falling volatility shows a maturing market and insists Strategy is built to withstand significant drawdown without breaking stride. Summary Saylor says Bitcoin’s volatility is falling and the market is maturing. He claims Strategy is built to withstand an 80–90% BTC decline. Strategy keeps buying Bitcoin as institutions grow their exposure. Michael Saylor noted that the recent pullback in Bitcoin does not change his outlook and that Strategy can handle even an extreme decline. In a Nov. 18 Fox Business interview, he said Bitcoin’s (BTC) volatility has been falling steadily and that the company is built to…
WBT hit a new all-time high of $62.96 on Tuesday after news broke that WhiteBIT will be entering Saudi Arabia through a strategic partnership with a local holding company to accelerate blockchain innovation and digital asset adoption in the region. Summary WBT price is up over 20% in the past 24 hours. WhiteBIT exchange has partnered with Durrah AlFodah to enter Saudi Arabia and foster blockchain adoption. A bullish flag pattern has formed on the daily chart. According to data from crypto.news, WhiteBIT Coin (WBT) shot up over 20% to an intraday and all-time high of $62.96 on Nov. 18…
Crypto prices today are still on the edge even as Bitcoin made a notable comeback, climbing back above the $90,000 mark after dipping below that level earlier in the session. Summary Bitcoin has rebounded above $90K after the recent dip below the key psychological support. Ethereum, Solana, and XRP trade near critical support levels. Market appears to be stabilizing iafter over $1 billion in leveraged liquidations. Trading at $91,798 at press time, Bitcoin had dropped as low as $89,455 before buyers stepped in to stabilize the market. This rebound comes amid volatile conditions that have seen over $1 billion in…
Kraken is entering a new phase of growth as it deepens its push into on-chain financial services. Summary Kraken raised $800M across two tranches, setting a $20B valuation. Citadel Securities participated with a $200M strategic investment. New funding supports expansion in derivatives, global markets, and tokenized assets. Kraken has raised $800 million in two funding tranches, increasing its valuation to $20 billion as the company expands into global markets, tokenized financial products, and regulated trading. On Nov. 18, the announcement detailing investor participation and strategic plans for 2026 was posted on the company’s blog. Institutional backing and a stronger balance…
The White House is reviewing a proposal from the Internal Revenue Service (IRS) to adopt an international standard for reporting and taxation of digital assets, according to regulatory filings. Summary The IRS has submitted a proposal to the White House to adopt the “CARF,” a global tax standard and align with 72 other countries by 2028. The proposal would require U.S. taxpayers to report capital gains on foreign platforms more strictly. The CARF, launched by the OECD, is designed to combat offshore tax evasion. The proposal, titled “Broker Digital Transaction Reporting” and submitted to the White House on November 14,…
U.S. Senator Todd Young of Indiana is calling on the Internal Revenue Service (IRS) to review Biden-era tax guidelines for cryptocurrency rewards. Summary Sen. Todd Young urged Treasury Secretary Scott Bessent to reconsider the IRS’s 2023 tax treatment of staking rewards. The IRS recently proposed implementing the global CARF tax standard, aligning the U.S. with 72 other countries by 2028. The CARF framework, set for rollout in 2027, will require stricter reporting on capital gains from foreign cryptocurrency platforms. Senator Todd Young is urging the IRS to reconsider its 2023 guidelines on the tax treatment of cryptocurrency rewards earned through…
Amplify has launched the XRP 3% Monthly Premium Income ETF, the first of its kind to track XRP exposure through options strategy. Summary Amplify has launched the XRP 3% Monthly Premium Income ETF The ETF will use an options strategy to give investors XRP exposure and yield The fund will target a 3% monthly return, corresponding to 36% in annual returns. Investors on the stock market have an ever-increasing number of crypto investment options to choose from. On Tuesday, November 18, Amplify ETFs launched the Amplify XRP 3% Monthly Premium Income ETF (XRPM). Touted as a first-of-its-kind product, XRPM will…
Bitcoin price stabilized today, Nov. 18, as investors bought the dip and waited for the upcoming FOMC minutes and Nvidia earnings. Summary Bitcoin price has crashed to its lowest level since April. The Crypto Fear and Greed Index has moved to the extreme fear zone. Technical analysis suggests that Bitcoin is about to bottom. Bitcoin (BTC) rose to $93,700, up modestly from this week’s low of $88,790. It remains in a deep bear market, down ~26% from its year-high. Crypto Fear and Greed Index A potential catalyst for BTC’s price is the ongoing crash, which has driven market fear. Data…
A growing political storm is brewing around World Liberty Financial, as Senators Elizabeth Warren and Jack Reed call for an investigation into the Trump family’s crypto company over alleged ties to high-risk foreign actors. Summary Watchdog report claims WLFI tokens reached wallets tied to North Korea, Russia, Iran, and Tornado Cash. Trump-affiliated entity holds 22.5B tokens, receiving 75% of sale proceeds. Senators warn WLF may lack strong AML and sanctions controls. World Liberty Financial (WLFI) — one of the most prominent and controversial crypto ventures in the U.S. — is backed and operated by several members of the Trump family.…
