Business

November, 2025

• 11 November

  Asia Opens Higher: Bitcoin Steady, Stocks Gain as U.S. Shutdown Deal Lifts Sentiment

  

  Asian stocks kicked off Tuesday with gains, riding a wave of relief from the U.S. Senate’s late Monday passage of a bipartisan bill to end the 41-day government shutdown—the longest in history—funding operations through January 30, 2026, with backpay for furloughed workers. This clarity lifted global risk appetite, boosting equities while Bitcoin price today stabilized around $105,168, up 0.75% amid …
• 11 November

  Longest U.S. Shutdown Ends — Will Bitcoin Benefit From the Rebound?

  

  In a historic bipartisan breakthrough, the U.S. Senate’s 60-40 vote late Monday ended the 41-day federal government shutdown—the longest in American history—via a continuing resolution funding operations through January 30, 2026, with backpay for 1.4 million furloughed workers and SNAP benefits extended to September. As federal agencies reboot and economic data resumes, crypto markets are riding the relief wave, with …
• 11 November

  Big Win for Investors: U.S. Crypto ETFs Cleared to Share Staking Rewards

  

  In a seismic shift for digital finance, the US Treasury and IRS have issued Revenue Procedure 2025-31, granting crypto exchange-traded products (ETPs) a “safe harbor” to stake proof-of-stake (PoS) assets like Ethereum (ETH) and Solana (SOL), and distribute rewards directly to investors. This landmark guidance, announced Monday by Treasury Secretary Scott Bessent, resolves long-standing tax and compliance hurdles, transforming passive …
• 11 November

  Crypto Crash Alert: Why Bitcoin and Altcoins Are Falling on November 11, 2025

  

  The cryptocurrency market edged lower Tuesday, with total capitalization dipping 1% to $3.6 trillion amid profit-taking and macro shifts. Bitcoin (BTC) traded at $105,168, down 1% in 24 hours, while Ethereum (ETH) shed 1.3% to $3,550. Altcoins fared worse: XRP plunged over 3%, Solana (SOL) dropped 10% below $160, and BNB fell 6.4%, erasing much of 2025’s gains in a …
• 10 November

  Kotak Neo introduces zero-brokerage, zero-fee TRADE APIs for retail traders

  

  Kotak Neo, the trading app from Kotak Securities, one of India’s leading brokerage firms, has announced zero brokerage, zero-fee TRADE APIs across all its digital plans for retail traders. Effective 1st November 2025, all API orders placed under the Trade Free plans on the app will attract no per-order brokerage and API usage charges. This move sets a new benchmark …
• 10 November

  Spanish Crypto Influencer Álvaro Romillo Jailed Without Bail in $300M Fraud Case

  

  Spanish authorities have remanded crypto influencer Álvaro Romillo Castillo, known online as “CryptoSpain,” to prison without bail over allegations of masterminding a €260 million ($300 million) Ponzi scheme through Madeira Invest Club (MIC). The National Court judge cited flight risk after discovering a Singapore account holding €29 million linked to his operations. Details of the Alleged Fraud Romillo, 42, allegedly …
• 10 November

  Tether-Backed Rumble to Acquire Germany’s Northern Data in All-Share Deal

  

  Video platform Rumble (NASDAQ: RUM) has signed a definitive business combination agreement to acquire German AI and high-performance computing (HPC) firm Northern Data AG in an all-stock deal valued at approximately $767 million. Announced on November 10, 2025, the transaction revives and finalizes talks that began in August, bolstering Rumble’s cloud infrastructure ambitions with Tether’s strategic backing. Deal Terms and …
• 10 November

  Ledger Prepares Fundraise as Crypto Wallet Popularity Hits New Highs

  

  Paris-based crypto hardware wallet giant Ledger is exploring a New York initial public offering (IPO) or private fundraising round in 2026, as skyrocketing demand for secure self-custody solutions drives its strongest financial year ever. CEO Pascal Gauthier revealed the plans in a Financial Times interview on November 9, 2025, citing New York’s dominance in crypto capital: “Money is in New …
• 10 November

  BTC Spot ETFs Bleed Big: Third-Largest Weekly Outflow Sparks Correction Concerns

  

  U.S. spot Bitcoin ETFs recorded a staggering $1.22 billion in net outflows for the week ending November 7, 2025—the third-largest weekly redemption in history—signaling institutional caution despite Bitcoin’s rebound above $106,000. The exodus, capped by a $558.4 million single-day withdrawal on Friday, underscores profit-taking and macro uncertainty as investors navigate lingering government shutdown effects and rate concerns. Breakdown of Outflows …
• 10 November

  Crypto Funds Bleed $1.17B Amid Market Volatility and Rate Fears

  

  Digital asset investment products recorded $1.17 billion in net outflows last week, marking a second straight week of institutional withdrawals as market volatility and interest rate fears erode confidence. Despite Bitcoin surging 4.4% to briefly top $106,000 on November 10, 2025, driven by US government shutdown resolution, large investors continued trimming exposure. Breakdown of Outflows and Key Drivers Bitcoin-focused products …