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Key takeaways:XRP (XRP) extended its downtrend on Friday, dropping 3% over the last 24 hours to trade at $1.93. The inability to hold above $2 now puts the altcoin’s recovery possibilities in question, with traders asking how much further it can fall. XRP/USD one-hour chart. Source: Cointelegraph/TradingViewClassic XRP pattern targets $0.88The XRP/USD pair has formed a megaphone pattern in the weekly time frame, suggesting that a deeper correction was in store for the altcoin. A megaphone pattern, also known as a broadening wedge, forms when the price creates a series of higher highs and lower lows. As a technical rule, a…

Victoria, Seychelles, November 21, 2025 – MEXC, a leading global cryptocurrency exchange, announced the launch of Ethereum Eco Month. Running from November 20 to December 24, 2025, the campaign features a $1 million prize pool and offers participants opportunities to win premium rewards including a 1-ounce gold bar, an iPhone 17 Pro Max, and 0.1 ETH, alongside 0-fee trading and staking yields of up to 600% APR.The campaign includes five events designed for various trading preferences and experience levels.Event 1: 0 Trading FeeSpot 0-Fee Period (ETH/USDT, ETH/USDC): Nov 20, 2025, 8:00 (UTC) – Dec 24, 2025, 8:00 (UTC)Futures 0-Fee Period…

Bitcoin’s latest sell-off is being driven by mid-cycle holders rather than long-term whales, according to VanEck’s “Mid-November 2025 Bitcoin ChainCheck” report.The asset management firm said wallets whose coins last moved within the past five years account for most of the recent selling, while the oldest cohorts have remained “remarkably steady” despite weakening sentiment. VanEck also noted that coins that were last moved more than five years ago continue aging into the cohort, adding roughly +278,000 BTC over the past two years, which the firm said signals that long-term conviction remains intact.The report lands as bitcoin trades near multi-month lows. BTC…

Investment bank Jefferies said the recent surge in gold prices can’t be explained by traditional drivers alone and points instead to Tether as a major new buyer. Attestation data and on-chain activity show that the stablecoin issuer has accumulated substantial bullion in recent months, tightening supply and helping fuel the sharp rally, the bank said in the Thursday report.The precious metal has risen more than 50% this year and is currently trading around $4,080 per ounce.Jefferies first flagged Tether’s interest after the company met with miners and royalty firms in Denver last fall, with investors telling the bank Tether aimed…

Unnamed staffer stole $724,620, says bank.Bank will write off most of the losses.Police set to investigate.A loans manager at the South Korean financial institution Kwangju Bank embezzled $724,620 from the bank and spent it on crypto investments.The lender says the unnamed manager stole the money between May and November 2023, but only realised the funds were gone in the second half of this year, wrote KBC News.“We discovered this embezzlement case during a recent review of project financing loan interest history data,” a Kwangju Bank spokesperson said. “We will decide on the level of disciplinary action we will take once…

Join Our Telegram channel to stay up to date on breaking news coverage The Solana price has rise over 1% in the last 24 hours to trade at $139 as of 4:00 a.m. EST on a 38% decrease in the daily trading volume to $5.7 billion. That slight jump in the SOL price comes as 21Shares, one of the top asset managers in cryptocurrency, officially filed its prospectus for a new spot Solana ETF in the United States. Additionally, the Chicago Board Options Exchange (Cboe) has already approved the registration and listing of this fund as well. 🚨JUST IN: The…

Danielle Sassoon, one of the US attorneys behind the prosecution of former FTX CEO Sam “SBF” Bankman-Fried, took the stand in an evidentiary hearing involving a deal with one of the company’s executives. In a Thursday hearing in the US District Court for the Southern District of New York, Sassoon testified about the guilty plea of Ryan Salame, the former co-CEO of FTX Digital Markets, which resulted in his sentencing to more than seven years in prison. According to reporting from Inner City Press, Sassoon said that her team would “probably not continue to investigate [Salame’s] conduct” if he agreed to plead…

Michael Selig’s nomination to chair the US Commodity Futures Trading Commission is headed for a vote on the Senate floor after clearing a committee hurdle. In a Thursday notice, Republican leaders with the Senate Agriculture Committee said they had advanced Selig’s nomination following a Wednesday hearing. The vote was reportedly along party lines, with no Democrats supporting Selig as US President Donald Trump’s pick to replace acting Chair Caroline Pham. Source: Senate Agriculture Committee RepublicansThe prospective CFTC chair answered questions from senators on Wednesday regarding potential conflicts of interest, his policy positions on DeFi and digital assets and the dearth of…

Crypto.com to Also Provide OTC Trading Capabilities for VerifiedXNEW YORK, Nov. 21, 2025 /PRNewswire/ — Crypto.com and the VerifiedX (VFX) Network (VerifiedX.io), the people’s network and a global leader in self-custody and Web3 wallet infrastructure, today announced that Crypto.com will provide VerifiedX secure institutional-grade custody and liquidity support for $1.5 billion in assets, as well as OTC trading capabilities.Through this partnership, eligible institutions using VerifiedX can securely store, manage, and transact digital currencies using Crypto.com’s regulated, institutional-grade custody platform. Crypto.com’s custody service offers multi-user permissions, customizable governance workflows, and insured custody solutions, meeting growing demand for scalable, low-cost, and compliant blockchain infrastructure.“Crypto.com…

San Francisco, USA/CA, November 20th, 2025, ChainwireNumerai, a San Francisco–based hedge fund and data science tournament uniting machine learning, decentralized finance, and cryptocurrency incentives, today announced a $30 million Series C financing round led by top university endowments. The round values Numerai at $500 million, five times its 2023 valuation.J.P. Morgan Asset Management’s August 2025 commitment of up to $500 million in Numerai’s hedge fund capacity, together with the new equity financing, provides Numerai with additional resources to scale its AI-driven strategies toward nearly $1 billion in assets under management (AUM).Existing investors — including Union Square Ventures, Shine Capital, and…