Business

November, 2025

• 19 November

  Coinbase Preps Prediction Markets Platform Backed by Kalshi, Leak Reveals

  

  Crypto powerhouse Coinbase is poised to dive into the booming prediction markets arena, with leaked screenshots revealing a dedicated platform powered by regulated exchange Kalshi, tech sleuth Jane Manchun Wong disclosed on social media Tuesday. For traders eyeing “Coinbase Kalshi prediction markets 2025” or “crypto event contracts launch,” this unconfirmed venture could fuse blockchain liquidity with CFTC-compliant event betting, targeting …
• 19 November

  Bearish Momentum Returns: Bitcoin’s $87.5K Support at Risk, Says Analyst

  

  Bitcoin’s recent relief rally appears to be losing steam as bearish momentum resurfaces, putting the cryptocurrency’s key $87.5K support level back in play, according to several market analysts monitoring price action this week. After briefly recovering above the $90,000 zone, Bitcoin has struggled to attract sustained buying interest. Analysts note that weakening market momentum, declining trading volumes, and renewed selling …
• 19 November

  Malaysia Hit by $1.1B Loss as Crypto Miners Steal Power on Massive Scale

  

  Malaysia is reeling from a colossal RM4.6 billion ($1.1 billion) hit to its national power grid, as illicit cryptocurrency mining syndicates siphon electricity on an industrial scale, according to a bombshell parliamentary disclosure from the Ministry of Energy and Water Transformation. From 2020 to August 2024, authorities uncovered 13,827 premises hijacking power for Bitcoin and altcoin rigs, bypassing meters and …
• 19 November

  BlackRock’s Bitcoin ETF Hit by Record $523M Outflow as Market Sinks

  

  BlackRock’s flagship iShares Bitcoin Trust (IBIT) grappled with its largest single-day outflow ever on Tuesday, as investors yanked $523 million—equivalent to about 5,700 BTC—amid a brutal crypto market rout that saw Bitcoin crater below $90,000 for the first time since April. The exodus, tracked by SoSoValue, eclipsed the prior record of $463 million set on November 14, amplifying a monthly …
• 19 November

  Democratic Senators Push for Probe Into World Liberty Financial’s Alleged North Korea Links

  

  In a escalating clash over cryptocurrency’s national security risks, Democratic Senators Elizabeth Warren (D-MA) and Jack Reed (D-RI) have demanded a federal investigation into World Liberty Financial (WLFI), the Trump family-backed DeFi platform, for allegedly selling governance tokens to illicit actors tied to North Korea and Russia. The November 12 letter to Attorney General Pam Bondi and Treasury Secretary Scott …
• 19 November

  Kraken Secures $200M From Citadel Securities — Here’s Its New Market Value

  

  Crypto exchange Kraken has secured a $200 million strategic investment from Citadel Securities, catapulting its valuation to $20 billion in a landmark deal signaling Wall Street’s accelerating embrace of digital assets. This infusion, part of an $800 million total raise across two recent tranches, positions the Wyoming-based platform for aggressive global expansion ahead of its anticipated 2026 IPO. The Citadel-led …
• 19 November

  Asia Markets Open Weak as Bitcoin Rebounds Above $90K

  

  Asian stock markets kicked off the week with renewed caution, as major indices like Japan’s Nikkei 225 and South Korea’s Kospi extended sharp declines amid escalating U.S. Federal Reserve policy debates and faltering global demand. Yet, in a stark divergence, Bitcoin roared back above $92,000, reclaiming ground after a harrowing weekend plunge below the key $90K support and signaling crypto’s …
• 19 November

  Bitcoin Stronger Than Ever”: Saylor Slams Claims Wall Street Fueled Volatility

  

  In the ever-turbulent world of cryptocurrency, MicroStrategy Executive Chairman Michael Saylor has emerged as Bitcoin’s fiercest defender, dismissing Wall Street’s role in recent price swings as a scapegoat for natural market dynamics. Speaking amid surging institutional adoption, Saylor declared Bitcoin “stronger than ever,” arguing that traditional finance’s entry is fortifying the asset rather than fueling volatility. Bitcoin’s price has fluctuated …
• 18 November

  The Flip is On: Zcash Soars into Top 20! Can the Privacy King Overtake XRP in Market Cap?

  

  Zcash (ZEC), the zero-knowledge proof trailblazer, has stormed into the global Top 20 cryptocurrencies with a blistering rally, surging over 200% in the past month to claim a market cap of approximately $11 billion and a rank as high as #12. Trading around $670–$680 amid high volatility, ZEC’s ascent—up from sub-$200 lows in early October—signals a seismic shift toward privacy-centric …
• 18 November

  Korea’s Crypto Tax Time Bomb! 2027 Deadline Looms, But Authorities are Still Unprepared

  

  South Korea’s hyperactive cryptocurrency market—home to 10.77 million verified traders, or nearly one-fifth of the population—braces for turmoil as the nation’s long-awaited 20% tax on digital asset gains hurtles toward a January 2027 enforcement deadline, despite glaring gaps in preparation. Delayed three times since the 2020 law—shifting from 2022 to 2023, then 2025, and now 2027—amid investor backlash and political …