Friday Nov 14 2025 02:40
2 min
Key Takeaways:
As Bitcoin's price dipped below the $100,000 mark, a whale holding 20x leveraged short positions raked in over $15 million in floating profits. The whale has accumulated over $41.7 million in total profits through a series of BTC short trades.
Drop Protocol, a Cosmos liquid staking protocol, announced an orderly shutdown due to the infeasibility of a sustainable development path given current ecosystem direction and market conditions. The shutdown process will be responsible and transparent, taking into account the interests of all parties. The token generation event (TGE) and Droplets-related airdrop will no longer proceed. Ways to distribute protocol revenue to program participants as compensation are being explored.
The Financial Accounting Standards Board (FASB) is considering adding an accounting treatment project for “cryptocurrency transfers.” Additionally, the Federal Deposit Insurance Corporation (FDIC) is crafting guidance on tokenized deposit insurance to help financial institutions expand their digital asset businesses.
Cryptocurrency payments company MoonPay Inc. will begin issuing and managing stablecoins on behalf of its clients. The company will leverage its existing money transmission licenses to offer this service in US states.
This is just a snapshot of the many events shaping the ever-evolving cryptocurrency landscape. Investors and market participants should stay informed to make informed decisions.
Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.
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