Author: admin

NEW YORK, Nov. 20, 2025 /PRNewswire/ — Global investment and fintech powerhouse Touareg Group has announced the official launch of Touareg Group Technologies Co., capitalized with a paid-up fund of USD 1 billion. At the heart of this milestone is TrustglobeX, the Group’s flagship crypto exchange set to redefine the global digital-asset industry through unmatched liquidity, cutting-edge infrastructure, and a bold international vision.TrustglobeX represents the cornerstone of Touareg Group’s expansion into the digital-finance frontier. Designed for both institutional and retail markets, the exchange combines deep-liquidity architecture with lightning-fast transaction speeds and a multi-chain trading environment. Its hybrid wallet system delivers instant…

XRP is under renewed pressure as the broader market downturn drags its profitability metrics back to levels last seen during Donald Trump’s November 2024 re-election.Glassnode data shows that only 58.5% of XRP’s circulating supply is now in profit. That is the weakest reading since late November 2024, when the token hovered around $0.53.Even at today’s price of roughly $2.15, about 41.5% of all circulating XRP, equating to nearly 26.5 billion tokens, sits at a realized loss.XRP’s Supply in Profit (Source: Glassnode)According to the firm, the imbalance reflects how much of this year’s trading volume clustered near elevated price zones. That…

U.S. President Donald Trump’s nominee to run the Commodity Futures Trading Commission, Mike Selig, told senators in his Wednesday confirmation hearing that he’ll champion the president’s intention to set a U.S. path for crypto regulation.The Senate Agriculture Committee, which oversees the CFTC that will be a leading U.S. regulator for crypto, weighed Selig’s nomination, and Chairman John Boozman asked about digital asset oversight in his first question.”The CFTC has a critical mission to protect these markets,” Selig said. He told the lawmakers, “This is a real opportunity to develop a framework that can allow for software developers to thrive, for…

Bitcoin’s price has recently plummeted below $89,000, continuing a downward trajectory that has seen the cryptocurrency fall approximately 5% since the start of 2025. This decline comes as the Federal Reserve released minutes from its latest meeting, highlighting a careful approach to interest rate adjustments due to the economic risks on both sides. Analysts suggest that market dynamics could push Bitcoin lower in the coming months, as investor sentiment remains cautious amidst financial policy uncertainties. The Federal Reserve’s minutes indicate that while the U.S. economy displays signs of resilience, potential challenges lie ahead, necessitating a careful balance in monetary policy.…

In brief The U.S. Treasury has placed sanctions on “drug kingpin” Ryan James Wedding, nine of his associates, and nine entities linked to him. Wedding is a former Canadian Olympic snowboarder who FBI Director Kash Patel says is now “the modern-day iteration of Pablo Escobar.” The ex-Olympian’s crime gang is believed to be a transnational cocaine empire, with Wedding allegedly ordering “dozens” of murders. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Wednesday placed sanctions on “drug kingpin” Ryan James Wedding, nine of his associates, and nine entities linked to him.The Federal Bureau of Investigation…

Bitcoin’s recent decline is being driven by mid-cycle holders, not long-term whales, according to new on-chain research from VanEck analysts. The firm noted in a recent report that long-term holders continue to accumulate while short-term futures markets show deeply oversold conditions following tariff-driven liquidations. Despite widespread speculation that early Bitcoin whales triggered the selloff, on-chain data shows that coins held for five years or more continue to rise.  These older cohorts increased their holdings by roughly 278,000 BTC over the past two years, signaling limited turnover among wallets with the longest histories. In contrast, supply among wallets that last moved…

In brief Zcash treasury firm Cypherpunk Technologies bought another $18 million worth of ZEC. The privacy coin has recently surged in value by 15x since the start of September. Cypherpunk’s stock is up 469% over the last month, following the Zcash pivot. Long-running privacy coin Zcash (ZEC) has continued its recent surge, rising 31% over the last week even as Bitcoin, Ethereum, and other major coins are deep in the red—and now a publicly traded treasury firm said it has amassed even more of the rising cryptocurrency.Cypherpunk Technologies (Nasdaq: CYPH) announced Wednesday that it has purchased an additional 29,869.29 ZEC…

Key Takeaways A viral prediction claims Bitcoin will hit $220,000 within 45 days. Market analysts warn of a potential new bear market. The prediction has received massive pushback from the community. A social media personality, self-proclaimed the “World’s Highest IQ Record Holder,” has predicted that Bitcoin’s price will surge to $220,000 within the next 45 days. The bullish comments have drawn significant skepticism and criticism from the community, as market analysts warn that key technical indicators point to the start of a new downturn. Try Our Recommended Crypto Exchanges Sponsored Disclosure We sometimes use affiliate links in our content, when…

Zug, Switzerland, November 19th, 2025, ChainwireSupra, the vertically integrated Layer 1 powering MultiVM smart contract execution with native oracles, dVRF, automation, and cross-chain communication, announced today the opening of applications for its MultiVM testnet during today’s keynote at Devconnect Buenos Aires, held as part of Multichain Day. The announcement was delivered by Jon Jones, Co-Founder and Chief Business Officer of Supra, during a session exploring the future of interoperability and next-generation Web3 infrastructure.This launch marks a pivotal moment in the evolution of dApp development, as Supra aims to offer EVM developers, in addition to MoveVM developers, a powerful new foundation…

Abu Dhabi, UAE, November 19th, 2025, ChainwireDesigned to catalyze innovation across gaming, digital finance, and builder economies, the fund marks a pivotal step in transforming MapleStory Universe into a sustainable, interoperable Web3 ecosystem.NEXPACE’s Ecosystem Fund brings on Altos Ventures, Chainlink Labs, GSR, and Hashed Ventures as strategic advisory partners.NEXPACE, Web3 IP-expansion initiative behind MapleStory Universe (MSU), today announced the launch of the Ecosystem Fund with a plan to invest up to US$50 million to accelerate the long-term growth of both MSU and the broader NEXPACE ecosystem. The Ecosystem Fund is envisioned to underscore NEXPACE’s mission to build an open, self-sustaining…