Latest News

November, 2025

  • 8 November

    Kazakhstan to Launch $1 Billion Crypto Reserve: A National Bet on Blockchain

    Astana/London – In a historic pivot from oil barrels to blockchain, Kazakhstan will launch a $500M–$1B national crypto reserve fund by January 2026, National Bank Governor Timur Suleimenov confirmed in London on Nov 7. Seed Capital: Crime Pays (Literally) – Seized crypto from 130 busted exchanges ($36M+ already grabbed) – Repatriated offshore wallets – State mining royalties from 84 licensed …

  • 8 November

    Bear Alert: Why Bitcoin May Drop to $92K in the Coming Weeks

    Bitcoin teetered at $99,840 on Nov 8, 2025, after a brutal 9% nosedive erased October’s gains and dragged the crypto market cap down $710B. Top analysts now warn of a $92K retest within weeks, citing an unfilled CME gap, whale dumps, and the 39-day U.S. shutdown strangling ETF inflows. CME Gap Magnet at $92K A yawning $92,000–$91,980 CME futures gap …

  • 8 November

    XRP ETF Update: 21Shares Kicks Off 20-Day Countdown With SEC Amendment

    In a significant development for the cryptocurrency market, 21Shares has filed an amendment with the U.S. Securities and Exchange Commission (SEC) for its proposed spot XRP exchange-traded fund (ETF). This filing officially starts the 20-day review countdown, bringing the crypto community one step closer to what could be the first U.S. spot XRP ETF. What the Filing Means 21Shares’ amendment …

  • 8 November

    Bitcoin Down, Altcoins Bleeding — The Real Reason Behind Today’s Crypto Crash

    The crypto market hemorrhaged $710 billion in 24 hours on Nov 8, 2025, as Bitcoin plunged 9% to $99,840—erasing all yearly gains—and altcoins bled up to 40% in the worst weekly wipeout since March.  The Trigger: Leverage Tsunami Meets Shutdown Panic A record $19 billion leveraged-position purge—9× February’s crash—ignited when BTC breached its 200-day moving average at $103,200. Coinglass data …

  • 8 November

    Crypto Privacy Dev Sentenced: Samourai Wallet’s Keonne Rodriguez Faces Full Jail Term

    In a blistering blow to crypto privacy, Samourai Wallet co-founder Keonne Rodriguez was sentenced to the full five years in federal prison plus a $250,000 fine on Nov. 6, for running an unlicensed money-transmitting business that prosecutors say laundered $237 million in dirty Bitcoin. The Crime: “Money Laundering for Bitcoin” U.S. District Judge Denise Cote handed down the statutory maximum, …

  • 8 November

    Crypto Bill Stuck in Limbo: 38-Day U.S. Shutdown Blocks Key Senate Vote

    Washington’s record-breaking government shutdown, now in its 39th day since Oct. 1, has paralyzed Congress and indefinitely postponed a pivotal Senate vote on digital asset legislation. The bipartisan **CLARITY Act**—a sweeping market structure bill to clarify oversight between the SEC and CFTC—remains sidelined as lawmakers prioritize ending the funding crisis. A Bill Poised to Transform U.S. Crypto Rules The CLARITY …

  • 7 November

    Army Marksmanship Unit, Mhow Signs MoU with Reliance Foundation to strengthen their shooting program

    The Army Marksmanship Unit (AMU), Mhow, the elite shooting training establishment under the Indian Army’s Mission Olympics Wing, has signed its first-ever corporate partnership for sports development with Reliance Foundation (RF). This partnership currently supports 14 shooters training at AMU, including Paris Olympian Sandeep Singh and Subedar Preeti Rajak, the Army’s first woman Subedar. Mrs. Nita M. Ambani, Founder Chairperson, …

  • 7 November

    South Korea Weighs Action After U.S. Says North’s Crypto Loot Funds Nukes

    Pyongyang’s piggy bank just got raided—again. The U.S. Treasury slapped sanctions on eight North Korean bankers and two firms Monday for laundering **$3 billion** in stolen crypto straight into Kim Jong Un’s nuclear arsenal, sparking Seoul to dust off its own penalty playbook. Second Vice Foreign Minister **Kim Ji-na** fired the warning shot on Yonhap TV: “We can review sanctions …

  • 7 November

    Elixir Suspends deUSD Support After Stream Finance Suffers $93M Exploit

    One bad borrow just nuked a $150M stablecoin. Elixir pulled the plug on deUSD Thursday after Stream Finance—its biggest debtor—admitted a $93 million off-chain wipeout, sending the synthetic dollar to 1.5 cents. “Stream owes us $68M and holds 90% of deUSD ($75M),” Elixir posted on X. “We processed 80% redemptions at $1 before the crash—claims portal drops today for the …

  • 7 November

    Japan’s FSA Approves Yen Stablecoin Trial With Three Banking Giants

    The yen just got a blockchain upgrade. Japan’s Financial Services Agency (FSA) green-lit the nation’s first megabank stablecoin pilot Friday, uniting MUFG, SMBC, and Mizuho to issue a 1:1 yen-pegged digital token under the Payment Innovation Project (PIP). Kicking off November 2025, the open-ended trial tests instant corporate settlements, cross-border rails, and public-chain bridges—powered by MUFG’s Progmat platform (Ethereum/Polygon/Avalanche/Cosmos). Mitsubishi …