Crypto Briefs

Rep. Tom Emmer, a Republican known for supporting cryptocurrency policy, won the second-highest leadership post among House Republicans after defeating fellow Republican August Pfluger. The vote comes as the party prepares to move into the minority following the November midterm elections, according to Crypto.news, citing Bloomberg Government. Emmer's new role could give crypto-friendly policy a senior voice in House Republican leadership.

Across Protocol has restored its website following a domain hijack linked to Namecheap, according to Crypto.news. The incident led to estimated user losses of $350,000. The protocol has said it will reimburse affected victims.

CryptoPotato reports that XRP has fallen more sharply than most major cryptocurrencies, and that an unnamed analyst attributes the decline to market manipulation. The article also notes that outflows from XRP exchange-traded funds have risen sharply. The piece relays the analyst's view and does not independently verify the manipulation claim.

Suiball, a hardware wallet project built for the Sui network, has announced it will shut down and refund all pre-order customers, according to Crypto.news. The project's Nov. 11 announcement on X follows a reported decision by the Sui Foundation that supporting the project carried too much security risk. The report does not detail the specific security concerns cited.

According to CryptoPotato, Syndicate Labs, a startup backed by a16z, has decided to shut down, attributing the decision to a shrinking rollup ecosystem. The company stated that all of its code will remain permanently open source, allowing developers to continue building on its technology.

According to CryptoPotato, on-chain data showed a record 17.4 trillion in 'age consumed' for WLFI, indicating that long-dormant token supply moved suddenly following Binance's listing of the USD1/BTC pair. The report describes roughly 1.8 billion WLFI tokens changing hands in what it characterizes as a record profit event. The article attributes the movement to holders of older supply rather than new buyers.

According to CoinDesk, prediction market platform Polymarket is seeking regulatory approval to operate in Japan by 2030. The effort is reportedly being led by Mike Eidlin, identified as head of Japan at cryptocurrency exchange Jupiter. The report does not detail the regulatory pathway or timeline milestones.

According to CryptoSlate, Aave has passed a governance proposal to support native Bitcoin lending, as reported by Babylon, which cited passage of the ARFC proposal. The plan still has proposed credit limits and a restricted mainnet rollout ahead of it. CryptoSlate also flags hidden liquidation risks that remain under the proposal.

A wallet linked to the Ethereum Foundation sold another 1,000 ETH, worth approximately $2.03 million, bringing its reported sales to 2,000 ETH over the past two days, according to Crypto.news. Blockchain analytics platform Lookonchain reported the latest transaction on November 11. The article raises the question of whether the sales pose a risk to Ethereum's price.

Crypto.news reports that the Commodity Futures Trading Commission has warned prediction market operator Kalshi of possible charges tied to how it filed and launched its event contracts. The regulator is examining the self-certification process Kalshi used to list those contracts, alongside its scrutiny of rival platform Polymarket. The report frames the probe as a test of how prediction markets can be launched under existing derivatives rules.

CryptoPotato reports that Bitcoin (BTC) could decline further in the short term, citing two factors it sees as potential downside risks. The article links the outlook to the day's inflation report and asks whether that data could trigger another BTC sell-off. The piece is an analytical commentary from a single outlet and does not present new on-chain or official data.

CoinDesk reports that Bitcoin's implied volatility has dropped to a seven-month low, even as financial headlines warn of macroeconomic risks. The article describes options-market pricing as signaling calm in BTC despite that backdrop. Implied volatility reflects the market's expectations for future price swings, so the reading suggests traders are currently pricing in limited near-term movement.

CryptoSlate reports that Qivalis, a euro-denominated stablecoin consortium, has received backing from 37 banks across 15 countries, with launch planned for the second half of the year. Citing ING, the article notes that stablecoins already serve wholesale cross-border payments and blockchain-based bond settlement, but that most of this activity is dollar-denominated, creating currency exposure for market participants. The piece frames the project as a test of whether on-chain finance will default to euros or dollars.

CryptoSlate reports that Bitcoin reached $82,400 on May 20, up 37% from its April lows, before running into the 200-day moving average. Price then pulled back to as low as $76,000. The article examines why traders watch this simple average and what the rejection suggests about market structure.

European authorities are soliciting nominations for a new Tokenisation Standards Group, with applications due November 27, according to NewsBTC. The initiative aims to help shape standards as financial markets increasingly move onchain. The article's excerpt provided is truncated, so further details on the group's mandate and membership could not be confirmed from the source.

According to Bitcoinist, citing CNBC, the US government is reportedly set to award grants to nine companies in the quantum computing sector, with the package totaling about $2 billion. The report frames quantum computing as a potential long-term threat to Bitcoin's cryptographic security. The story is a single-source report based on CNBC's reporting, and the grant details have not been independently confirmed here.

Representative Nick Begich introduced the American Reserve Modernization Act on Thursday, according to Bitcoinist, which describes the bill as a path to a U.S. Strategic Bitcoin Reserve and an update to how the federal government handles digital assets held on its balance sheet. The article reports the bill would establish a 'secure' reserve within the government, though the excerpt provided is truncated and does not include further details on funding or custody. Single-source coverage; the bill's full text was not available for review.

Strategy co-founder Michael Saylor, speaking on CNBC's Squawk Box, said Bitcoin is entering a "spring phase" and called $60,000 its floor. He reiterated his projection of a 30% average annual return, which underpins a forecast of $13 million per Bitcoin by 2045. As of the interview, NewsBTC reported Bitcoin was down 12% year to date while the S&P 500 had gained 8%, according to Google Finance.

NewsBTC reports that Binance Pool miner reserves slipped from 41,987 to 41,915 in May, a small sign that miner selling has not fully stopped. The article says the Miner Position Index remains below historical panic-selling levels and the Puell Multiple is under one, which analysts describe as a "wait phase" seen near past cycle bottoms. It also cites CryptoQuant data showing more than 70% of circulating Bitcoin held by investors for at least a year, with long-term holder readings returning to a historically oversold accumulation zone.

According to CryptoSlate, Strategy's STRC preferred stock reached $100, yet the company's November 2–8 filing shows no STRC at-the-market sales that week. Common stock (MSTR) proceeds funded last week's Bitcoin purchases, with buybacks absorbing roughly two-thirds of those proceeds. The report is based on the company's own filing for the period.

On-chain data cited by analyst Ali Martinez shows XRP whales accumulated more than 71 million tokens, worth about $97.8 million at the time of reporting, over the past week. The buying coincided with an XRP price decline of over 8% in the same window. Martinez also flagged Bollinger Bands signals suggesting XRP may be preparing for a volatile move.

CryptoPotato marks Bitcoin Pizza Day 2026, commemorating the May 2010 transaction in which two Papa John's pizzas were bought with bitcoin, widely cited as the first real-world BTC purchase. The outlet notes that the value of those pizzas today reflects the growth of Bitcoin as both an asset and a network. The piece is a retrospective commemoration rather than a report on a new market development.

According to CryptoPotato, Trump Media may be selling its bitcoin holdings at a substantial loss. The report states the company acquired its BTC at prices near $120,000, well above recent market levels. The source frames the possible sales as a repeat of earlier losses, though the article itself is a single-outlet report.

CryptoSlate reports that perpetual futures volume on Solana rose 65%, with one venue accounting for about 77% of weekly turnover in DefiLlama's Solana data. The growth is concentrated in derivatives while spot activity declines and stablecoin market capitalization on the network falls. The piece frames the shift as derivatives trading gaining share over spot on Solana.

According to NewsBTC, Walt has released a separate Android app while retaining its existing Telegram integration. The service reportedly advertises access to more than 200 items, though the full details were not available in the excerpt. The move expands how users can reach the platform beyond the messaging app where it previously operated.

According to Crypto Briefing, Tom Lee has warned that a SpaceX initial public offering could bring roughly $2 trillion in new equity into markets. The influx could strain liquidity, prompting volatility and forcing capital reallocation. The article is brief and gives no detail on the timing of the offering or the specific mechanisms Lee cited.

According to Crypto.news, THORChain has opened voting on ADR028, a restart proposal following a $10.7 million exploit. The plan would socialize protocol-owned liquidity (POL) losses, share synth losses, avoid minting new RUNE, and offer a bounty to the hacker. The article frames the vote as the network's path to resuming operations after the incident.

Polymarket has reportedly appointed a representative in Japan, according to a report from Decrypt. The prediction market is said to be seeking authorization to operate in the country by 2030. The report does not specify the representative's full scope of responsibilities or the regulatory steps planned before that deadline.

According to CryptoSlate, Bitcoin developers have merged three new Bitcoin Improvement Proposals that could substantially reduce transaction fees. The report models fee reductions of about 14% for a joint payment and about 27% for consolidation transactions through signature aggregation. Activation timing and wallet support have not been resolved, so the savings remain prospective.

Crypto Briefing reports that funds from a $6 billion hack of Binance were moved across 11 blockchains, with the proceeds attributed to North Korea. The article says the incident exposes vulnerabilities in crypto exchanges and could heighten geopolitical tensions and prompt stricter regulatory measures. The source's headline is the sole basis for these details, and the article's text was not available for verification.