How a Weak US Jobs Market Is Squeezing Bitcoin and Crypto

A “softening, not collapsing” jobs market meets a tired crypto rally Bitcoin has spent the later weeks of November struggling to hold momentum after setting new highs earlier in 2025. At the same time, US labor data has begun to signal a different kind of warning, not a jobs crash but a clear loss of…

UK Expands Crypto Reporting Rules as Global Tax Oversight Tightens

The United Kingdom will require domestic crypto platforms to report all transactions from UK-resident users starting in 2026, expanding the scope of the Cryptoasset Reporting Framework (CARF). The change will give His Majesty’s Revenue and Customs (HMRC) — the UK’s tax authority — automatic access to both domestic and cross-border crypto data for the first…

Bitcoin Price Blasts Past $91K Ahead of Thanksgiving

Bitcoin (BTC) rallied 13% from multimonth lows at $80,000, reclaiming the $90,000 mark on Wednesday. This move came as a surprise as BTC staged a pre-holiday rally, increasing hopes of a continued upward move going into Thanksgiving weekend. Key takeaways: Bitcoin stages a pre-Thanksgiving rally and seeks to defy its historical average return of -0.8%…

How a Weak US Jobs Market Is Squeezing Bitcoin and Crypto

A “softening, not collapsing” jobs market meets a tired crypto rally Bitcoin has spent the later weeks of November struggling to hold momentum after setting new highs earlier in 2025. At the same time, US labor data has begun to signal a different kind of warning, not a jobs crash but a clear loss of…

CoinShares Unexpectedly Withdraws Staked SOL ETF Application

Asset manager CoinShares withdrew its Securities and Exchange Commission (SEC) application for a staked Solana exchange-traded fund (ETF) on Friday. The structuring deal and asset purchase behind the proposed fund were never completed, according to the SEC filing, which states: “The Registration Statement sought to register shares to be issued in connection with a transaction…

Cathie Wood’s ARK Sticks To $1.5M Bitcoin Target, Predicts Market Recovery

This week, cryptocurrency markets staged a long-awaited recovery, following four consecutive weeks of downside momentum. Bitcoin’s (BTC) price reclaimed the $90,000 psychological mark on Wednesday, bringing some much-needed relief for Bitcoin exchange-traded fund (ETF) holders, who were once again back in profit as BTC traded above the key $89,600 flow-weighted cost basis of ETF buyers….

Cathie Wood’s ARK Sticks To $1.5M Bitcoin Target, Predicts Market Recovery

This week, cryptocurrency markets staged a long-awaited recovery, following four consecutive weeks of downside momentum. Bitcoin’s (BTC) price reclaimed the $90,000 psychological mark on Wednesday, bringing some much-needed relief for Bitcoin exchange-traded fund (ETF) holders, who were once again back in profit as BTC traded above the key $89,600 flow-weighted cost basis of ETF buyers….

CoinShares pulls Solana ETF bid

Today in crypto: CoinShares withdrew its Securities and Exchange Commission application for a staked Solana fund. KuCoin has secured a MiCA license in Austria as it steps up its European expansion, and Bitcoin is on track for its worst November since 2019, a slump that some analysts say could position it for a rebound in…

BTC Needs Key Trend Shifts to Hold $90K

Bitcoin (BTC) reclaimed $90,000 this week, but onchain data indicated that the move was on shaky grounds. Despite a strong cost-basis cluster, demand, liquidity and futures activity remained thin. Key takeaways: The $84,000 cost-basis cluster held 400,000 BTC, but spot demand above it remains shallow. BTC liquidity signals resembled the weakness seen in early 2022,…

Polymarket Shows 87% Chance of December Fed Cut; Crypto Stocks Move Higher

Several crypto-linked stocks climbed on Friday as prediction-market odds of a December rate cut surged to 87% on Polymarket, the highest level this month. Three US-listed Bitcoin miners led the rally, with Cleanspark, Riot Platforms and Cipher Mining all rising in the session and showing double-digit gains over the past five days. Probability of a…