Cryptocurrency News

A federal judge in Manhattan has refused to stop New York from applying its gambling laws to Novig, ruling that the prediction market’s sports contracts “are sports betting.” The judge also said the CFTC’s emergency order shielding Kalshi “smacks of a collusive effort” between the regulator and the company it regulates, potentially setting up a…Read More

Polymarket laid off some full-time staff and significantly reduced the number of contractors it works with last week, Front Office Sports reported, as the prediction market reorganizes ahead of a possible initial public offering. A source disputed viral posts claiming the company cut 30% of its workforce. Contractors Told Their Agreements End Nov. 4 Polymarket…Read More

XRP wallets holding at least 10,000 tokens increased as the cryptocurrency fell roughly 30% over seven weeks, according to Santiment. The firm viewed the divergence as an accumulation signal, with $1 emerging as the immediate price level to defend. XRP Large Wallet Count Expands During Price Decline Blockchain analytics firm Santiment highlighted growth in large…Read More

Bitfinex warned that bitcoin risked a prolonged decline as weak fund flows, uneven corporate demand, and broader market pressures tested its recovery. The exchange also flagged growing futures exposure and steeper altcoin losses. Bitcoin Faces a $75,717 Recovery Test Crypto exchange Bitfinex warned Nov. 11 that bitcoin risked a deeper reset, meaning a prolonged decline,…Read More

Santiment reported bearish social sentiment across bitcoin, ethereum, and XRP as cryptocurrency prices faced renewed pressure. The analytics firm argued that widespread pessimism could create conditions for a recovery, with XRP recording the weakest ratio among the three assets. Bearish Commentary Outweighs Optimism Across Three Major Assets Santiment, a crypto analytics firm that tracks online…Read More

Bitcoin Magazine MSCI Removes Strategy (MSTR) From Its USA Index, Forcing Index Funds to Sell by Nov. 30 MSCI will take Strategy, Metaplanet, Yellow Cake, Skel and Upexi out of its global indexes as of the Nov. 30 close, after a new screen classified them as non-operating companies. This post MSCI Removes Strategy (MSTR) From…Read More

▶Bitcoin Magazine How Sam Altman-Backed Meanwhile Is Disrupting the $20T Life Insurance Industry Danny Baer, Head of Revenue & Investments at Meanwhile, explains how his Bermuda-based company built the world’s first fully licensed life insurance carrier that runs entirely on Bitcoin, holding its regulatory capital in Bitcoin and paying out policies in Bitcoin. This post…Read More

▶Bitcoin Magazine Outlook for Crypto Market Structure Bill By Democrats | Chris Giancarlo, Former CFTC Commissioner Democrats now control both chambers of Congress. This post Outlook for Crypto Market Structure Bill By Democrats | Chris Giancarlo, Former CFTC Commissioner first appeared on Bitcoin Magazine and is written by Patrick Green.Read More

▶Bitcoin Magazine Tavi Costa: Bitcoin “Very Undervalued with “Violent Moves Ahead” Tavi Costa, Founder & CEO of Azuria Capital, explains why he thinks Bitcoin looks “very undervalued” right now, with many former supporters giving up on it, and why he expects Bitcoin and silver to see “violent moves” as the Fed’s hiking cycle comes to…Read More

▶Bitcoin Magazine Sam Lyman: “Bitcoin doesn’t need America. America needs Bitcoin.” Dollar stablecoins, Sam Lyman says, are “like Starlink for the US dollar system”: if you have an internet connection, you can access the dollar. This post Sam Lyman: “Bitcoin doesn’t need America. America needs Bitcoin.” first appeared on Bitcoin Magazine and is written by…Read More