The holding company led by billionaire Michael Saylor has executed a new massive purchase of digital assets, reaffirming its aggressive Bitcoin accumulation strategy despite market conditions. According to recent regulatory filings, the firm acquired a total of 8,178 additional BTC during the week of November 10 to 16.
Author: ethan
Singapore’s main derivatives exchange, SGX Derivatives, will introduce two new financial products late this month, citing growing professional interest in the sector. This strategic launch seeks to satisfy current institutional cryptocurrency demand, facilitating a safe and regulated convergence between traditional finance ecosystems and digital native assets, according to the entity’s official announcement.
Market analyst Lockridge Okoth reports that Bitcoin, Gold, and Silver have reached critical zones where a detailed price analysis suggests an imminent trend reversal, just as these assets test vital supports amidst elevated generalized fear in global financial markets.
James Butterfill, head of research at CoinShares, reports that digital asset funds suffered their largest weekly outflow since the month of February, totaling 2 billion dollars. This massive capital exodus responds directly to growing market anxiety regarding US monetary policy and recent restrictive signals from the Fed.
The former chief executive officer of Binance, Changpeng Zhao, recently assured that he would allocate any potential refund of the 4.3 billion dollar fine directly into the American economy. This statement arises as a response to a public inquiry made by analyst Anndy Lian on social media following the controversial executive pardon.
Market analyst Ananda Banerjee reports that the price of XRP has retreated nearly 9% this week, testing a crucial XRP support level located at 2.154 dollars. This zone is vital to determine if the asset manages to establish a market bottom or if, conversely, it deepens its current correction.
ADA is trading around $0,50, a key technical and psychological support that defines the token’s immediate path. Analysts warn that if this level fails, a pronounced correction could unfold, affecting retail traders, derivatives positioning and applications within the Cardano ecosystem. The market is watching whether price can defend the current range or confirm a breakdown with momentum.
MoonPay announced an enterprise stablecoin suite integrated with M0 alongside the addition of former Paxos executives, shifting its profile from an on‑ramps provider to full infrastructure. The Nov. 13 announcement offers companies, fintechs and payment providers a way to issue, manage and distribute stablecoins across channels with stated U.S. regulatory compliance, particularly impacting corporate treasuries, wallets and international remittance services.
The Trump-linked miner American Bitcoin (ABTC) announced its third-quarter financial results. The company reported an impressive turnaround to profitability. It posted a net income of $3.47 million. This sharply contrasts with the $576,000 loss from the same period last year, according to its SEC filing.
The TON Foundation has officially launched “MemeRepublic”. This is a new competition designed to bring structure and transparency to the chaotic memecoin market. The project seeks to reform the TON memecoin ecosystem. The 10-week initiative is backed by a $1 million fund.