Welcome to the most recent news about the crypto market. We'll talk about crypto, blockchain, Defi, Cefi, NFT, AI, Web 3.0, and the global economy as a whole. You will be able to read every day about the most recent happenings in the global economy and cryptocurrency. These happenings include important things like changes in the market, new regulations imposed by governments on cryptocurrency, the adoption of cryptocurrency by banks, new cryptocurrency projects, and advancements in blockchain technology. 1. General Market Situation
The total market cap is currently $3.25 trillion, and has decreased by 6.41%.
The Fear and Greed index, which is a measure of investor sentiment, shows that it is 22%, which means that the market sentiment is very fearful.
In the last 24 hours, the market lost more than $1.16 billion, with $1.03 billion coming from long positions. 2. Policy and Regulation of the Market After a 43-day government shutdown, the US SEC and CFTC are now back in business, and employees are back at work as a result of the investment law's passage. Sony has launched "Soneium," an Ethereum L2 "super app" that connects users to DeFi services, and Taiwan's central bank will formally consider adding Bitcoin to its strategic reserves. 3. ETFs and Institutional Investment
Bitcoin and Ethereum ETFs saw an outflow of investors on November 13, with $866.7 million in Bitcoin and $259.6 million in Ethereum.
Solana ETFs, meanwhile, saw $1.5 million in new inflows.
4. Whale Investments Affecting the Market
Ark Invest, led by Cathie Wood, purchased 242,347 shares of the $ETH storage company BMNR. Canary Capital clients bought $245M worth of $XRP.
A trader opened a $31M long Bitcoin trade.
5. Development Projects in the Market
The EU MiCA grants approval to Aave. Average monthly withdrawals by long-term holders rose by more than 12,000 BTC to 26,000 BTC.
Jack Dorsey’s Cash App will allow local businesses to use Bitcoin and stablecoins for transactions, with a planned launch in early 2026.
6. AI and Web 3.0
Alibaba’s global trading arm is launching AI subscription services and is exploring tokenized USD/EUR payments in partnership with JPMorgan.
Bitfarms fell 18% after announcing it would begin scaling back its Bitcoin mining operations and replacing them with AI data centers.
7. Blockchain technology
MoonPay has launched a stablecoin trading suite powered by M0, enabling companies to issue and manage stablecoins across multiple blockchains.
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