Author: John Smith

Pi Network says it is now fully compliant with the European Union’s Markets in Crypto-Assets (MiCA) regulation—an update that could open the door to trading its PI token across regulated exchanges in the EU and European Economic Area. The claim, detailed in an updated whitepaper, marks the project’s most significant step yet toward entering mainstream, supervised markets. Summary Pi Network is positioning its PI token for potential listings on regulated European exchanges and expanding access across the EU/EEA. The updated whitepaper outlines mobile-mined token distribution, strict KYC/KYB requirements, non-custodial wallets, audits, and utility-only token status. PI trades around $0.23 amid…

The Abu Dhabi Investment Council (ADIC) significantly expanded its exposure to Bitcoin during the third quarter, tripling its stake in BlackRock’s iShares Bitcoin Trust (IBIT) ETF just before the cryptocurrency market experienced a sharp downturn. Summary Sam Bankman-Fried’s legal team will appear before the 2nd U.S. Circuit Court of Appeals to argue his FTX fraud conviction should be overturned. The defense claims the trial judge blocked evidence showing FTX had enough assets to cover withdrawals, which could have changed the jury’s verdict. SBF maintains that FTX’s downfall was caused by mismanagement and panic, not deliberate fraud. According to Bloomberg News,…

Bitcoin price has returned to the key $90,000 support level that marked the previous cycle bottom, raising the possibility of a reversal if buyers can defend this region with strength. Summary $90,000 aligns with the channel low and value area low Retest mirrors the previous market bottom structure Holding support opens the probability of a move toward $135,000 Bitcoin (BTC) is once again approaching a significant moment in its macrostructure as price retests the $90,000 support level, a zone that defined the previous major bottom in the broader trading channel. This area holds strong historical importance because it aligns technically…

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…