MicroStrategy's market cap drops below value of its Bitcoin holdings.
Financing momentum slows as long-term BTC holders lock in profits.
Convertible bond model faces pressure amid shifting market sentiment.
Welcome to the US Crypto News Morning Briefing---your essential rundown of the most

Grayscale Investments has filed a confidential IPO draft with the SEC, signaling its intent to go public amid favorable market conditions. The listing could occur by late 2025 or early 2026, but details remain undisclosed.

In three major jurisdictions, new regulatory frameworks are taking shape that could give XRP a powerful boost.
Ripple's infrastructure is already plugged into two of these countries.
Experts say 2026 could mark the start of a new phase of real-world adoption and price momentum for XRP.
Ripple's

BANK spikes 60% and MET rises ahead of today's Binance listing.
Binance adds Seed Tags and warns traders of high volatility.
Meteora faces airdrop FUD and founder-linked legal controversy.
Two altcoins are on a tear, with one outperforming the other significantly, following a Binance listing

Trader used 19 wallets and a fake $20M POPCAT buy wall, triggering massive liquidations.
Hyperliquid's liquidity provider absorbed a $4.9 million loss as the market collapsed.
Analysts suspect a deliberate stress test exposing fragility in high-leverage DeFi markets.
An anonymous trader burned t

The Fear and Greed Index dropped to 15, signaling extreme fear as analysts suggest a local Bitcoin bottom may be forming.
Santiment reports negative sentiment across Bitcoin, Ethereum, and XRP, viewing it as a bullish capitulation signal.
Experts urge patience, noting "Buy the Fear, Sell the Gree

Japan Exchange Group is exploring stricter rules for crypto treasury companies, including tougher merger policies and audits after extreme stock declines.
Metaplanet shares dropped more than 75% from June highs despite previous 420% gains, while JPX has urged three listed firms to pause digital as

Michael Burry shuts down Scion, citing distorted markets and an AI-driven bubble.
Long-dated puts show he expects a multi-year equity correction.
Exit strengthens the narrative of crypto as a contrarian hedge, with a big move planned for November 25.
Michael Burry, the investor immortalized in

Bitwise Chainlink ETF (CLNK) listed on DTCC, signaling readiness for institutional access.
Retail LINK holders keep selling despite strong fundamental progress.
Whales accumulate 4M+ LINK as exchange balances drop to multi-year lows.
The Bitwise Chainlink ETF has been listed on the Depository

Solana faces a crucial test near its $80 billion market cap as ETF inflows clash with selling pressure from FTX and Alameda wallets.
Institutional demand via spot ETFs and SoFi Bank adoption shows Solana's growing legitimacy despite short-term volatility.
Holding the $80 billion support could

The BoE expects the economy to expand by 1.5% in 2025.
GBP/USD seems to have met firm resistance near 1.3200.
The UK's Office for National Statistics (ONS) will release the advanced prints of the Q3 Gross Domestic Product (GDP) on Thursday. If the figures meet market consensus, the UK economy

Bitcoin's price now tracks the dollar's strength, not M2 liquidity.
Analysts split: weaker DXY could trigger BTC breakout or deeper pain.
DXY-Bitcoin correlation may define global risk sentiment in 2025.
For years, traders looked to global M2 money supply as a key gauge of liquidity and risk

SharpLink Gaming reported Q3 2025 revenue of $10.8 million, up 1,100% year-over-year, with net income reaching $104.3 million driven by its Ethereum treasury strategy.
The company's ETH holdings increased to 861,251 tokens by November 9, 2025, with crypto assets totaling approximately $3 billion a

The US Congress passed a bipartisan deal reopening government, sending the bill to President Trump for approval.
The Fed now confronts missing jobs and inflation data ahead of its critical December rate meeting.
Agencies like SEC and CFTC restart crypto rulemaking, while Congress prepares for

Taiwan's Premier Cho Jung-tai has pledged a detailed Bitcoin audit and reserve assessment by year-end 2025.
Over 90% of Taiwan's $602.94 billion reserves are in US dollars, heightening currency exposure risks.
Regulatory delays on Virtual Asset Service Provider legislation may hinder Taiwan's

Canary Capital's XRP ETF was certified by Nasdaq on November 12, 2025, and will launch trading on November 13 under the ticker XRPC.
On-chain data shows 216 million XRP withdrawn from exchanges while whales reduced positions by 10 million XRP ahead of the launch.
XRP futures open interest

Trump's proposed $2,000 tariff-funded payments could add short-term liquidity, especially if delivered as direct checks.
Past stimulus cycles boosted Bitcoin, but today's high-rate environment may limit any sustained upside.
The final impact depends on the plan's structure, eligibility, and

Kyrgyzstan launched USDKG, a gold-backed stablecoin pegged to the US dollar, with a $50 million debut to boost trade autonomy.
By using gold reserves instead of Treasuries, USDKG challenges US efforts to tie stablecoin demand to its financial system.
Analysts warn Washington fears USDKG could ins

MicroStrategy briefly traded below the value of its 641,692 bitcoin, creating a rare negative premium.
The stock fell as investors priced in dilution, leverage, and corporate risk while Bitcoin held a tighter range.
The move shows traders increasingly prefer direct bitcoin exposure over corporate

Coinbase shifts its legal base from Delaware to Texas, citing clearer rules, stable governance, and a pro-innovation legal system.
The move mirrors a broader corporate migration as firms seek predictable courts and lighter oversight beyond Delaware.
Texas' new Business Court and stronger