Cointelegraph.com
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Cointelegraph.com - 17:41 Nov 21, 2025
Khurram Dara had been hinting for months that he might try to unseat state Attorney General Letitia James, claiming that she had engaged in “lawfare” against the crypto industry. Khurram Dara, a former policy lawyer at cryptocurrency exchange Coinbase, officially launched his campaign for New York State Attorney General. In a Friday notice, Dara cited his “regulatory and policy experience, particularly in the crypto and fintech space” among his reasons to try to unseat Attorney General Letitia James in 2026. The former Coinbase lawyer had been hinting since August at potential plans to run for office, claiming that James had engaged in “lawfare” against the crypto industry in New York. Read more -
Cointelegraph.com - 17:40 Nov 21, 2025
The crypto treasury company plans to stake its ETH holdings to generate revenue, but is already down well over $1,000 on each ETH it holds. BitMine, a crypto treasury company that accumulates Ether (ETH) and Bitcoin (BTC), said on Friday it plans to launch the “Made in America Validator Network” (MAVAN) to stake its ETH holdings. The company is piloting MAVAN with three staking infrastructure providers, ahead of the launch slated for the first quarter of 2026, according to an announcement from BitMine. Staking tokens to validate proof-of-stake (PoS) blockchains secures networks and generates revenue in the form of staking rewards paid out in the native token of the blockchain network, in this case, ETH. Read more -
Cointelegraph.com - 17:06 Nov 21, 2025
The rollout lets users convert crypto to local currency and pay merchants via QR codes, tapping Latin America’s biggest crypto market. KuCoin Pay has integrated with Pix, Brazil’s central bank-run instant payments network, allowing users to convert and spend cryptocurrencies at any merchant that accepts Pix QR codes. The launch taps into one of the world’s largest crypto user bases, with roughly 26 million Brazilians, about 12% of the population, now using digital assets, according to a Friday announcement from the exchange. The integration supports instant crypto-to-Brazilian currency conversions (Brazil’s currency is the real), enabling users to transfer funds from KuCoin accounts to any Brazilian bank or pay merchants directly through Pix. It also features multi-functional wallet tools for managing both cryptocurrencies and fiat currencies within the KuCoin app. Read more -
Cointelegraph.com - 16:13 Nov 21, 2025
Bitcoin's price dips below $90,000, yet Republic and Kraken ink nine-figure deals. If this is a bear market, someone forgot to tell big money. As Bitcoin (BTC) plunged below $90,000 this week, igniting fresh fears that the bull market may be over, hundreds of millions of dollars continued to flow into crypto companies, signaling that institutional appetite for the sector remains strong. Republic Technologies became the latest company to add Ether (ETH) to its treasury, securing $100 million in financing under unusually favorable terms for the industry. The deal was structured as a zero-interest convertible note, meaning Republic neither pays interest nor risks defaulting for missed payments — a rare setup in the crypto financing landscape. “Republic’s raise, while unique, probably won’t spark off a new normal for how funds are raised in the crypto industry, though it is a sign of a maturing market that new forms of money raising are being seen, and that is the trend that is likely to continue,” Komodo chief t... -
Cointelegraph.com - 14:55 Nov 21, 2025
US authorities are investigating Chinese Bitcoin mining hardware giant Bitmain over potential national security risks tied to alleged remote capabilities, according to Bloomberg. The leading Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, which is based in China, is reportedly under investigation in the US over national security concerns. According to a Friday Bloomberg report, an unspecified US official and six other anonymous people familiar with the matter said that Bitmain’s hardware is at the center of a federal investigation known as “Operation Red Sunset.” The investigation, led by the US Department of Homeland Security, reportedly seeks to determine whether the ASICs could be remotely controlled for spying or to sabotage the US power grid. US authorities previously investigated Bitmain-linked Chinese chip designer Xiamen Sophgo over an alleged business relationship with US-sanctioned company Huawei in October 2024. This was followed by the US Customs and Border Pro... -
Cointelegraph.com - 14:50 Nov 21, 2025
Japan’s stimulus package has shaken global markets, including Bitcoin, while the UK cracks down on Russian money laundering and sanctions evasion with crypto. On Friday, the Japanese government approved a $135-billion (21.3 trillion Japanese yen) stimulus package, mainly aimed at price relief and subsidizing gas and household electricity bills. Prime Minister Sanae Takaichi and her cabinet believe the plan will dampen inflation by 0.7 percentage points on average from February to April. But markets, including crypto markets, are concerned. The yen has significantly weakened against the US dollar, hitting 10-month lows; Japanese government 10-year bond yields reached 1.84% on Thursday, the highest level since the 2008 financial crisis. Major government spending like this stimulus package is likely to lead to the issuance of more bonds, further weakening the yen, which would prompt the Bank of Japan to intervene with rate hikes. That could trigger mass sell-offs in the US. Read more -
Cointelegraph.com - 13:59 Nov 21, 2025
With short-term holders driving Bitcoin’s sell-off, realized losses are hitting historic levels, leaving investors to wonder where the bottom might be. Bitcoin has taken a slide back to its April level of around $83,000, with mounting selling pressure prompting many investors to sell at a loss, reminiscent of major historic market crashes. Realized losses on Bitcoin (BTC) have surged to levels not seen since the 2022 FTX collapse, according to blockchain data platform Glassnode. “The scale and speed of these losses reflect a meaningful washout of marginal demand as recent buyers unwind into the drawdown,” Glassnode noted in an X post on Friday. Read more -
Cointelegraph.com - 13:16 Nov 21, 2025
SOL and XRP ETFs have attracted nearly $900 million in combined inflows, highlighting rare investor conviction amid an ongoing market rout. While spot Bitcoin and Ether exchange-traded funds (ETFs) are facing some of the biggest daily outflows since they launch, two new altcoin products are bucking the trend. Despite the broader market rout, Solana (SOL) and XRP (XRP) ETFs have yet to record a single outflow day since launch, according to crypto ETF data aggregator SoSoValue. This makes the two altcoin ETFs rare green marks in an otherwise red ETF landscape. The inflows are becoming substantial. Data shows that Solana-based spot ETFs have accumulated nearly $500 million in net inflows, while XRP ETFs have seen $410 million in cumulative net inflows to date. Read more -
Cointelegraph.com - 13:09 Nov 21, 2025
As pension funds evaluate Bitcoin’s scarcity, resilience and inflation behavior, a core question emerges: Can BTC become a true institutional store of value? Gold has long met store-of-value standards, while fiat currencies lose purchasing power over time. Bitcoin now meets several of the same store-of-value benchmarks. With a hard cap of 21 million coins and around-the-clock global trading, Bitcoin offers digital scarcity, durability supported by network security and liquidity that rivals many traditional assets. Concerns remain, including short-term volatility, inconsistent global regulations, cybersecurity risks, limited historical data and challenges integrating Bitcoin into traditional investment models. Read more -
Cointelegraph.com - 12:05 Nov 21, 2025
Cameron and Tyler Winklevoss are betting on privacy protocols gaining major traction as AI continues to grow at an exponential rate. The year 2025 will go down as the year of digital asset treasury companies. Michael Saylor’s Strategy and Tom Lee’s Bitmine have forged ahead with Bitcoin and Ethereum-based strategies, while a handful of alternative DATs have grabbed headlines. Zcash (ZEC), the privacy protocol born out of a hard fork of the Bitcoin codebase in 2016, has been one of the big winners in 2025. Prominent industry advocates have been touting the importance of privacy-preserving cryptocurrencies, and Zcash has been the outright winner in terms of percentage price gains. It seemed like it was only a matter of time before the ecosystem welcomed a Zcash DAT, and the Winklevoss twins beat competitors to the mark. Read more -
Cointelegraph.com - 11:51 Nov 21, 2025
While aPriori dismissed the claims related to insider activity, investors are still awaiting more details on the Sybil cluster that claimed 60% of the airdrop across 14,000 wallets. Web3 startup aPriori said Friday that suspicious activity tied to its recent airdrop was not connected to its team, following investor concerns that a single entity claimed an outsized portion of the token distribution. A mysterious entity claimed about 60% of the recent aPriori (APR) token airdrop across 14,000 interconnected cryptocurrency wallets, according to blockchain analytics platform Bubblemaps. The pattern resembles a Sybil-style farming operation, where one actor uses multiple wallets to maximize rewards. APriori lowered eligibility requirements for its Monad Mainnet airdrop in an effort to reward “genuine users,” but said Friday it found “no evidence that anyone on the contributing team or from the foundation has claimed the airdrop.” Read more -
Cointelegraph.com - 11:16 Nov 21, 2025
Both memecoins and NFTs have plunged to their weakest levels since early 2025, with traders pulling back from speculative assets across the board. Memecoins plunged to their lowest valuation in 2025 on Friday, dropping to a combined market capitalization of $39.4 billion, according to data aggregator CoinMarketCap. The sector shed over $5 billion in 24 hours, declining from $44 billion despite a 40% increase in trading volume. This marks a big reversal from the year’s peak on Jan. 5, when the memecoin market cap collectively hit a high of $116.7 billion. Friday’s rout marks a 66.2% drawdown from the 2025 high. The sharp sell-off mirrors a broader decline across the digital asset market. CoinGecko data shows that the total crypto market cap fell from $3.77 trillion on Nov. 1 to $2.96 trillion on Friday, wiping out $800 billion in just three weeks. Read more -
Cointelegraph.com - 10:57 Nov 21, 2025
Binance CEO Richard Teng argued that Bitcoin’s current slide reflects broader risk-off deleveraging, and its volatility is in line with most major asset classes. Richard Teng, the CEO of crypto exchange Binance, reportedly said Bitcoin’s volatility aligns with that seen in most major asset classes. According to a Friday Reuters report, Teng said during a media roundtable in Sydney that all asset classes go through different cycles and volatility. “What you’re seeing is not only happening to crypto prices,” he claimed. Teng also explained that Bitcoin’s recent drop was driven by investors deleveraging their positions and by risk aversion, which is in line with trends across most major asset classes. “At this point in time, there’s a bit of risk (off) and deleveraging happening,” he reportedly said. Read more -
Cointelegraph.com - 09:15 Nov 21, 2025
Operated by SoftBank, the backer of one of the world’s top 10 public Bitcoin holders, PayPay is integrating with Binance Japan ahead of its expected US IPO in December. PayPay, a payment service operated by the Japanese investment holding company SoftBank Group, is integrating new payment rails on Binance Japan following its investment in the platform. Binance Japan and PayPay have launched a new integration service with PayPay Money, an electronic money service that allows peer-to-peer transactions between PayPay users free of charge. With the integration, Binance Japan users can now purchase crypto assets using PayPay Money funds, as well as withdraw their crypto holdings directly to PayPay Money. Read more -
Cointelegraph.com - 09:05 Nov 21, 2025
BlackRock’s IBIT drives November’s record ETF outflows, bleeding $2.47 billion and accounting for 63% of the $3.79 billion withdrawn from US spot Bitcoin ETFs. US spot Bitcoin exchange-traded funds saw another sharp reversal on Thursday, erasing a brief moment of relief earlier in the week. After breaking a five-day outflow streak with $75.4 million in inflows on Wednesday, the funds were hit with fresh redemptions of $903 million Thursday — the biggest outflow day in November and one of the largest single-day outflows since the products were launched in January 2024, according to Farside Investors. The $3.79 billion withdrawal puts November on track to be the worst month on record for US spot Bitcoin (BTC) ETF outflows if the remaining days fail to offset this month’s redemptions. Read more -
Cointelegraph.com - 06:22 Nov 21, 2025
Plume says that Securitize, a tokenization platform backed by BlackRock and Morgan Stanley, has inked a deal to deploy institutional-grade assets on Plume’s Nest staking protocol. The real-world asset (RWA) market value could more than triple by 2026, as it expands beyond crypto-native use cases and utility, according to Chris Yin, co-founder and CEO of RWA-focused layer-2 blockchain Plume. Speaking to Cointelegraph, Yin said that RWA value has taken off in the last year and he expects it to increase by three to five times in 2026, as a base case. “Currently, we are tracking to over 10x the RWA holders number since the start of the year and so we expect us to keep inflecting and we think it’s not crazy to imagine another banner year with 25x+ in user growth numbers,” he said. Read more -
Cointelegraph.com - 05:37 Nov 21, 2025
If the MSCI decides to exclude digital asset treasuries, index-tracking funds would need to sell, and that alone “creates meaningful pressure on the affected names.” Digital asset treasury companies could face “meaningful pressure” if the stock market index MSCI decides to exclude them in January, according to an analyst, who told Cointelegraph that this is likely. The MSCI Index announced in October that it was consulting with the investment community about whether to exclude Bitcoin (BTC) and other digital asset treasury companies (DATs) that have a balance sheet with more than 50% crypto assets. Some of the feedback has been that DATs can “exhibit characteristics similar to investment funds, which are currently not eligible for index inclusion,” according to the MSCI. Read more -
Cointelegraph.com - 04:59 Nov 21, 2025
Bitcoiners viewed US Treasury Secretary Scott Bessent’s appearance at the opening night of the Bitcoin-themed bar as “a sign” for Bitcoin. The Bitcoin community lit up on Thursday after US Treasury Secretary Scott Bessent made an unannounced appearance at the launch of Washington’s new Bitcoin-themed bar, Pubkey. “Having the Secretary of the Treasury at the Pubkey DC launch seems like a moment I could easily look back on and say ‘wow, it was all so obvious,” Bitcoin (BTC) treasury company Strive chief investment officer Ben Werkman said in an X post on Thursday. Steven Lubka, Nakamoto’s vice president of investor relations, called it “the sign you have been waiting for.” Read more -
Cointelegraph.com - 01:29 Nov 21, 2025
Metaplanet might be underwater, but it’s doubling down on Bitcoin — plus a new survey shows 6 in 10 Singaporeans hold crypto. Asia Express. Japans largest corporate Bitcoin holder, Metaplanet, plans to raise around $135 million to accumulate more BTC, even as the assets price continues to trade below $90,000. The company is choosing to raise capital through issuing preferred shares instead of common stock, which seems to be largely to protect the stock price from tanking any further. Metaplanets share price has already plummeted nearly 60% in the past six months, now standing at 387 JPY (approximately $2.46 USD), according to Google Finance. To avoid further volatility, the company will issue preferred shares with a 4.9% dividend instead of common shares, as per a statement published on Thursday. Read more -
Cointelegraph.com - 01:29 Nov 21, 2025
Metaplanet might be underwater, but it’s doubling down on Bitcoin — plus a new survey shows 6 in 10 Singaporeans hold crypto. Asia Express. Japans largest corporate Bitcoin holder, Metaplanet, plans to raise approximately $135 million to accumulate more BTC, despite the assets price currently trading below $90,000. The company is choosing to raise capital by issuing preferred shares instead of common stock, which appears to be aimed mainly at protecting the stock price from further decline. Metaplanets share price has already plummeted nearly 60% in the past six months, now standing at 387 yen (approximately $2.46), according to Google Finance. To mitigate further volatility, the company will issue preferred shares with a 4.9% dividend yield instead of common shares, as announced in a statement published on Thursday. Read more
7246 items