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XRP has fallen to the key $2 level just as Bitwise launches its new XRP spot ETF, pushing total assets in XRP-linked funds past $700 million. Despite heavy liquidations and extreme fear readings, XRP is sitting on a major trend line support that has triggered strong rebounds before.

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U.S. Congressman Warren Davidson has introduced an act that would allow Americans to pay federal tax obligations using Bitcoin. The legislation, titled the Bitcoin For America Act, outlines a scheme enabling taxpayers to transfer Bitcoin directly to the U.S. Treasury, with the collected assets directed into a newly established Strategic Bitcoin Reserve.

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Bitcoin (CRYPTO: BTC) has plummeted below $88,00, but Cardano's (CRYPTO: ADA) Charles Hoskinson says everything points to $250,000 by late 2026. Hoskinson Calls BTC's Next Two Quarters ‘Downside Clearing' Speaking during a Squawk Box Europe segment on Tuesday, Hoskinson said the market is still digesting macro pressures, including tariff-driven uncertainty and uneven economic momentum.

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TL;DR FG Nexus is carrying out a restructuring to become a company focused on a crypto treasury and on asset tokenization. The company raised a $200 million funding round and signed an alliance with Securitize to tokenize shares and build a platform that digitizes traditional assets.

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Solana ETFs stole the spotlight again, driving one of the strongest inflows for the day. Bitcoin ETFs snapped a five-day outflow streak with a solid rebound, while ether funds logged yet another day in the red.

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The likelihood of bitcoin ending the year below $90,000 has risen to 50%, according to online options platform Derive.xyz, as traders ramped up hedging against more declines in the world's largest cryptocurrency.

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Analysts say Bitcoin is nearly in its “max pain” zone as the cost basis of BlackRock's IBIT and Strategy's massive BTC treasury draws near.

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BPI backs the Bitcoin for America Act, which would let US citizens pay taxes in Bitcoin for a national reserve. Their new model projects trillions in potential fiscal benefits through 2050.

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Billionaire investor and Bridgewater Associates founder Ray Dalio told CNBC's Squawk Box on Thursday that his crypto exposure sits at “a small percentage” and that it's been that way for years. “I've had it forever, like 1% of my portfolios,” Ray told the anchors during the morning broadcast.

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Institutional investors are pulling back capital from the crypto market.

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According to a chart shared by Fidelity's Jurrien Timmer, Bitcoin's momentum has collapsed because it is behaving as a high-beta "risk-on" asset that is suffering disproportionately during a broader market correction.

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Bitcoin is currently valued at around $89,000, experiencing a minor drop of 1% today. Over the last week, it has decreased by 13%, marking a turbulent period for the cryptocurrency.

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On November 19, Spot Bitcoin ETFs experienced a significant reversal in fortune with net inflows totaling $75.47 million. This marks a pivotal shift after an extended five-day period of outflows, highlighting renewed investor confidence in these financial instruments.

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In a notable strategic maneuver, FG Nexus reported the sale of 10,922 Ethereum (ETH) in October as part of its strategy to bolster its share repurchase initiative. This development reflects a trend among digital asset treasury (DAT) companies, with similar actions taken by ETHzilla, Lite Strategy, and Sequans, all opting to reduce their cryptocurrency holdings.

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Bitcoin and the wider crypto market has dropped sharply, reigniting bitcoin crash fears

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Bitcoin has slipped below the $87,000 mark once again, extending a painful week for the world's largest cryptocurrency. The cryptocurrency is facing mounting pressure as a combination of institutional outflows, miner sell-offs, and bearish technical signals weighs on the market. Selling pressure mounts across the market Over the past few hours, Bitcoin has fallen 2.

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On November 20, 2025, Bitwise Asset Management boldly introduced an exchange-traded fund (ETF) centered on XRP, even as the cryptocurrency experienced a 25% decline in the fourth quarter. This strategic move underscores Bitwise's confidence in XRP's long-term potential despite its current market turbulence.

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Bitcoin Magazine Bitcoin Price Crashes to $86,000 As Extreme Fear Hits the Market Bitcoin price dumped yet again this morning in trading to lows of $86,610, down over 1% over the past 24 hours. Bitcoin Price Crashes to $86,000 As Extreme Fear Hits the Market Micah Zimmerman.

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The cryptocurrency market finds itself at a compelling crossroads, and Ethereum has once again returned to a pivotal on-chain support zone that has historically marked major turning points in its market cycle. With ETH now pressing against this same support, the market is exhibiting a strong reaction that could confirm the integrity of the long-term trend.

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TL;DR: Al Warda Investments (ADIC) tripled its IBIT shares from ~2.4M to nearly 8M, raising its position to $518M. The significant increase occurred despite Bitcoin's dip from $120K, underscoring ADIC's long-term commitment.

 

Bridgewater Associates founder Ray Dalio, who has in the past has said he owns some bitcoin BTC$92,123.27, put a clearer figure on it, saying it's been about 1% of his portfolio for some time.

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Rep. Warren Davidson has introduced the Bitcoin for America Act, aiming to permit federal tax payments in Bitcoin. Collected funds would build a new Strategic Bitcoin Reserve, which Davidson claims will boost US financial stability and leadership in digital assets.

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Bitcoin is being battered again Thursday, falling below the $87,000 mark for the first time in seven months as liquidations top $900 million.