Bitcoin fell below $64,000 over the weekend, wiping out bullish leveraged positions. Long-liquidation events were recorded below $66,000, and CoinGecko showed BTC near $65,500 on the afternoon of Nov. 14. The drop matters to traders because forced long liquidations can accelerate downside moves and signal weakening momentum.
Goldman Sachs, Citigroup, Banco Santander and Deutsche Bank have committed about $270 million to a joint stablecoin issuer, per Bloomberg.
CryptoPotato
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Ripple's bank-style lending protocol on the XRP Ledger is nearing launch, with 22 of 35 validators backing it.
U.Today
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Stablecoin supply has shrunk by $14.2 billion over the past month, the sharpest contraction since June 2022, signaling weaker liquidity..
CryptoSlate
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The US Treasury is reportedly developing a custody framework for Bitcoin, a move that could reshape how federal assets are managed and..
Crypto Briefing
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Bitcoin miners in Paraguay pay the state utility roughly $350 million a year under contracts priced at $44 per megawatt-hour, covering..
CoinDesk
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Barclays increased its stake in BlackRock's spot Bitcoin ETF by 48%, reporting a $187 million position as of Sept. 30.
Cointelegraph
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