3h ago
Nasdaq Approves XRP ETF as Trader Projects Bitcoin Decline to $86,000
Nasdaq issued formal certification for Canary's XRP spot ETF listing under ticker XRPC on November 13, 2025, with a 0.5% management fee. Prominent crypto trader Ansem projected Bitcoin could decline toward $86,000-$88,000 before any recovery attempt, identifying critical support at $97,500-$99,600. Ethereum co-founder Vitalik Buterin signed a trustless manifesto on November 13, 2025, emphasizing elimination of intermediary dependencies in decentralized systems.
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US Forms Interagency Task Force to Combat Chinese-Linked Crypto Fraud Networks
The US Department of Justice, FBI, and Secret Service formed the Scam Center Strike Force on November 12, 2025, to target cryptocurrency fraud operations linked to Chinese transnational crime groups. The initiative addresses investment scams that defraud Americans of billions annually through fake crypto platforms, according to US Attorney Jeanine Ferris Pirro. Federal authorities have seized over $401 million in cryptocurrency assets to date.
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Taiwan Central Bank to Evaluate Bitcoin for Strategic Reserve Inclusion
Taiwan's Executive Yuan and Central Bank have agreed to study Bitcoin as a potential strategic reserve asset. Legislator Dr. Ju-chun Ko is spearheading the initiative, arguing the digital currency could diversify Taiwan's $577 billion foreign exchange reserves and reduce exposure to US dollar-denominated assets. The nation currently holds approximately 423 metric tonnes of gold, with roughly 92% of reserves in US Treasury bonds.
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Taiwan Central Bank Launches Bitcoin Reserve Study on November 12
Taiwan's Central Bank and Executive Yuan approved a formal Bitcoin reserve review on November 12, 2025, according to joint official statements. The pilot program will use seized Bitcoin from criminal cases to test integration methods, storage protocols, and valuation frameworks without purchasing new assets. Legislator Ko Ju-Chun of the Kuomintang party introduced the proposal in May 2025, citing Bitcoin's potential as a hedge against geopolitical risks.
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Memecoin POPCAT Plunges 43% Following $30M Manipulation on Hyperliquid DEX
Memecoin POPCAT fell 43% on Wednesday after a trader executed a manipulation scheme on Hyperliquid, a decentralized exchange. An unknown actor withdrew $3 million USDC from OKX, distributed funds across 19 wallets, and built long positions worth $20 million to $30 million on POPCAT. The trader then abruptly removed a $30 million buy wall, triggering mass liquidations totaling approximately $63 million.
3h ago