Bitcoin price is hovering around $97,000 as heavy exchange-traded fund outflows deepen market pressure. Bitcoin is trading at $97,527 at press time, down 5.5% in the past 24 hours. The market has now declined 4.3% in the past week, shed…
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Fanatics mulls predictions market entry in partnership with Crypto.com [btcmanager]
Fanatics, a sports merchandising and collectibles giant, is reportedly mulling an entry into the predictions market in partnership with Crypto.com. According to a Financial Times report, the plans for a potential collaboration between the two are still in early stages…
Why is the crypto market going down? (Nov. 14) [btcmanager]
The crypto market extended its downturn for a third straight day on Friday, Nov. 14, weighed down by mounting macroeconomic headwinds and Bitcoin’s drop below the $100k psychological support level. Over the past 24 hours, the total cryptocurrency market cap…
Bitfarms to exit Bitcoin mining and go all-in on AI by 2027 [btcmanager]
Bitfarms will shut down its Bitcoin mining operations over the next two years and gradually convert them into AI-focused high-performance computing data centers. Bitfarms will begin this transition with its Washington site and repurpose the facility for a new generation…
Ant Financial-backed R25 debuts RWA yield-bearing stablecoin on Polygon [btcmanager]
R25, a stablecoin and real-world asset protocol incubated by Alibaba’s Ant Financial, has officially launched on-chain with Polygon as its first network partner. The debut introduces rcUSD+, a stablecoin that will generate yield directly from a portfolio of conservative, institutional-grade…
Ant Financial-backed R25 debuts RWA yield-bearing stablecoin on Polygon [btcmanager]
R25, a stablecoin and real-world asset protocol incubated by Alibaba’s Ant Financial, has officially launched on-chain with Polygon as its first network partner. The debut introduces rcUSD+, a stablecoin that will generate yield directly from a portfolio of conservative, institutional-grade…
Canary Capital’s XRP ETF records $58M in launch day volume, topping all 2025 launches [btcmanager]
Canary Capital’s new spot XRP ETF, trading under the ticker XRPC, made a strong entrance on Nasdaq on Nov. 13, becoming the highest-volume exchange-traded fund debut of 2025. The fund generated $58 million in first-day trading activity, edging out Bitwise’s…
Kalshi selects Coinbase Custody to secure USDC reserves [btcmanager]
A major partnership between Kalshi and Coinbase is set to strengthen the infrastructure behind event-based trading in the U.S. Kalshi, the largest regulated prediction market platform in the U.S., has chosen Coinbase Custody to hold the USDC used across its…
Kalshi selects Coinbase Custody to secure USDC reserves [btcmanager]
A major partnership between Kalshi and Coinbase is set to strengthen the infrastructure behind event-based trading in the U.S. Kalshi, the largest regulated prediction market platform in the U.S., has chosen Coinbase Custody to hold the USDC used across its…
Seismic secures $10m for blockchain privacy infrastructure [btcmanager]
Seismic has raised $10 million in a round led by a16z to break the privacy barrier that’s kept fintechs from using public blockchains for services like private credit and cash accounts.