The global crypto market has lost more than $1 trillion in just six weeks, marking one of its sharpest downturns since October. According to analysts, the slide is not due to weak fundamentals, but heavy leverage and large institutional withdrawals. The total market capitalization of cryptocurrencies now sits about 10% below levels recorded after the
The prolonged government shutdown in the US and the hawkish stance of the Fed continue to dampen the Bitcoin and cryptocurrency markets. At this point, Bitcoin fell below the $95,000 level for the day, hitting a six-month low. Bitcoin faces a risk of falling below $90,000 this week, as the FOMC minutes and data delayed
Japan’s new government plans to roll out a stimulus package exceeding 17 trillion yen (approximately $110 billion) to counter rising prices and revive economic momentum. The move follows a 1.8% annualized contraction in Japan’s economy during the third quarter of 2025, which ended a six-quarter growth streak. Analysts say the scale of the liquidity boost
Olaf Sleijpen, a top European Central Bank (ECB) policymaker, warned that a sudden run on stablecoins could force the ECB to reconsider its interest rates. Stablecoins are digital currencies that aim to keep a steady value against major currencies like the euro or dollar. JUST IN: 🇪🇺 A run on stablecoins could force ECB to
The blockchain gaming industry is continuously portraying a strategic alliance in pursuing the limit of what more possible in decentralized entertainment. KrypToon crypto enthusiast platform is joining with QIE Blockchain to enhance decentralized application and blockchain game development. Such collaboration is a significant step towards the development of the Web3 gaming ecosystem. A Strategic Alliance
Hong Kong has launched the pilot testing phase for tokenized deposits and crypto assets (Project Ensemble), utilizing real-value transactions. The HKMA (Hong Kong Monetary Authority) said last week that the launch transitions the initiative from a sandbox experiment to a live value-bearing settlement. The HKMA described the project as pivotal for the country’s crypto roadmap,
Billionaire venture capitalist Peter Thiel sold the last remaining 537,000 units of Nvidia shares he owned in Q3 with zero warning and no comment. The numbers were disclosed in his latest 13F filing on Saturday, which showed that nearly 40% of his entire fund’s equity portfolio was torched in one move. Peter also reduced his
While the crypto market remains weak, the outtrend in both Bitcoin and Ethereum spot ETFs continued last week. Bitcoin and Ethereum Spot ETFs Hit Hard: Third Week in a Row of Net Outflows According to SoSoValue data, there were net outflows of $1.11 billion from Bitcoin spot ETFs between November 10 and 14. This marked
A joint report published by the New York Times and the International Consortium of Investigative Journalists (ICIJ) on November 17 revealed that major cryptocurrency exchanges facilitated the inflow of approximately $28 billion in illicit funds over two years. New York Times: $28 Billion in Illicit Funds Flowed into Global Stock Exchanges According to the report,
Experts have highlighted the risks facing Pakistan’s emerging digital asset industry, citing the absence of clear regulations and consumer protections for investors. Keynote speakers at the Sustainable Development Policy Institute (SDPI) Conference revealed that Pakistan could achieve $300 billion in potential digital asset trading volume. For context, the country’s gross domestic product (GDP) sits at