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On November 20, Texas became the first U.S. state to buy Bitcoin for its Strategic Reserve, acquiring $10 million at roughly $87,000 per BTC, according to Lee Bratcher, President of the Texas Blockchain Council. The purchase was made through BlackRock’s iShares Bitcoin Trust (IBIT) while the state finalizes plans for self-custody. The move signals growing state-level interest in Bitcoin as a reserve asset. Texas had previously explored strategic Bitcoin legislation last year, wanting to create a Bitcoin reserve without using taxpayer funds.  In June of this year, the Texas governor signed the legislation into law, creating a state Strategic Bitcoin…

Black Friday falls on November 29, and several major altcoins are now trading at steep markdowns. These altcoins offering Black Friday discounts are not just cheap — they each have a setup that could turn the discount into a recovery if market conditions improve. Or even worsen!One has an attainable path back toward its highs, one carries a deep reversal setup, and another sits inside a strong cycle narrative with heavy long-term discounting. All three offer different types of discount narratives.BNB (BNB)BNB is one of the few large-cap tokens that have maintained strong long-term performance. While Bitcoin is down about…

Prediction platform Polymarket has received regulatory approval from the US Commodity Futures Trading Commission to operate an intermediated trading platform.In a Tuesday notice, Polymarket said the CFTC issued an Amended Order of Designation, which will allow the company to “operate an intermediated trading platform subject to the full set of requirements applicable to federally regulated US exchanges.” According to Polymarket, the approval will result in the platform onboarding brokerages and customers directly and facilitating trading on US venues.“This approval allows us to operate in a way that reflects the maturity and transparency that the US regulatory framework demands,” said Polymarket…

American financial services company MSCI’s October consultation on “digital asset treasury companies” arrived at a time when the mechanics of Bitcoin (BTC) exposure had already begun to fracture.By mid-2025, three roughly equal-sized channels funneled institutional capital into BTC: regulated spot ETFs managing north of $100 billion, mining operations with embedded BTC exposure, and a newer cohort of public companies whose primary business had become holding crypto on their balance sheets.MSCI’s proposal targets the third bucket and, in doing so, forces a reckoning over whether these firms are operating companies or passive funds in corporate costumes.The proposal itself reads like standard…

Current fair value sits near $99,000, framing a potential recovery target in the $96,000–$99,000 zone if sentiment and liquidity improve. Bitcoin (BTC) is trading around $87,000 on November 25, with on-chain and derivatives indices hinting that the month-long bearish phase may be nearing a key inflection point. Analysts now anticipate a potential recovery window between $96,000 and $99,000, with weak investors exiting the market and liquidity, rather than narratives, beginning to drive the next big move. Indices Point to Bear Fatigue as Price Lags Fair Value On-chain researcher Axel Adler Jr. reported on Tuesday that the Bitcoin Bull-Bear Structure Index…

Coinbase said on November 24 that it will open spot trading for Fluid (FLUID) and World Mobile Token (WMTX) on November 25, 2025.The announcement arrives during one of the harshest drawdowns of 2025, and both tokens saw modest but noticeable intraday recoveries after weeks of pressure.Sponsored SponsoredCoinbase Listing Gives Some Optimism To These AltcoinsThe broader market remains deep in negative sentiment. Bitcoin is still hovering in the mid-$80,000s, and major altcoins have continued to bleed throughout November. Against that backdrop, even small upside reactions stand out. Both FLUID and WMTX posted mild rebounds on November 24 following Coinbase’s announcement. The price movements…

The final month of the year is nearing, but before December begins, some altcoins are preparing for one last hurrah as November ends. This includes a Bitcoin namesake token as well, which is likely benefiting from BTC’s rise.BeInCrypto has analysed two other altcoins that investors should watch in the last week of November.Sponsored SponsoredCelestia (TIA) TIA has been one of the worst-performing tokens this month, dropping 40% in less than two weeks. Celestia may, however, reverse its downtrend with the upcoming Matcha upgrade, which has attracted growing attention as traders search for potential catalysts.The Matcha upgrade introduces scaling to 128MB blocks…

CME Group broke its single-day record for cryptocurrency futures and options trading, logging 794,903 contracts on November 21, the company said. The spike, which surpasses the previous record set in August, highlights a surge in demand for regulated crypto derivatives during a time of heightened market volatility.The Chicago-based exchange has seen activity in its crypto suite climb throughout 2025, fueled by both institutional players and retail investors. Giovanni Vicioso, CME’s global head of cryptocurrency products, said the increase reflects growing interest in tools that help manage risk in an unpredictable market.“Amid ongoing market uncertainty, demand for deeply liquid, regulated crypto…

Strike CEO Jack Mallers said JPMorgan Chase abruptly closed his personal bank accounts last month without providing a clear explanation, sparking fresh debate over the banking industry’s treatment of crypto executives. “Last month, J.P. Morgan Chase threw me out of the bank. It was bizarre. My dad has been a private client there for 30+ years,” Mallers wrote on social media platform X. When he pressed the bank for details, he said the only response was, “We aren’t allowed to tell you.” Mallers shared a letter from JPMorgan Chase, which cited unspecified “concerning activity” on his accounts. The letter, which…

Key points:Bitcoin is attempting a recovery from $80,600, which several analysts believe to be a bottom. Several altcoins are struggling to start a rebound, indicating a lack of demand from buyers.Bitcoin (BTC) dropped roughly 8% last week, but lower levels attracted buyers. The bulls are striving to push the price above $88,000 at the start of the new week. Inflows of $238.4 million into spot BTC exchange-traded funds on Friday, according to Farside Investors’ data, indicate that the bulls are again becoming active.Analysts at wealth manager Swissblock said in a post on X that the sharply declining risk-off signal indicates a…