Cryptonews

SUI huddles in its $1.6-$2 bunker like a Soviet-era bureaucrat hoarding toilet paper-tight, suspicious, and waiting for the inevitable chaos. Re-accumulation? More like reheated borscht. 🍲

According to a report from Alarabiya.net, the official website of the Saudi-owned international news channel Al Arabiya, the Minister of Municipal, Rural Affairs, and Housing, Majed al-Hogail, said Riyadh is working with the Capital Market Authority (CMA) and the Saudi Central Bank (SAMA) to launch regulated stablecoins soon. Because nothing says “innovation” like a government that’s basically saying, “We’ll regulate this, but only if it’s 100% safe and not at all risky.” 😂

Here we are, folks, in uncharted territory-or as I like to call it, “the land of the free and the home of the gridlocked.” With the shutdown clock ticking past 40 days, bettors are doubling down on the idea that our esteemed lawmakers will continue to do what they do best: absolutely nothing. 🦥

As if that weren’t enough, investor participation and profitability are heading south faster than a bird migrating for the winter. This little drop in interest is like a neon sign flashing “Warning: Downside risks ahead!”

Spot inflows of $6.5 million, RSI near 48, and MACD’s bullish crossover hint at a potential recovery. But hey, let’s not get too excited. We’ve been here before.

So, guess what? FTX’s creditor representative, Sunil, who’s probably the busiest person in crypto right now, confirmed that the bankrupt exchange is doling out billions in THREE glorious payout rounds! All together? $7.1 BILLION, folks! A good chunk of that is going back to the poor souls who trusted the exchange that, let’s be honest, went belly up faster than you can say “crypto crash.” 🙄

As of Nov. 9, 2025, Strategy holds 641,205 BTC at an average cost basis of $74,064, which is a 38% unrealized gain – $18 billion in profit right now. 🤯

Listen Up! According to Benjamin Cowen – and who are we to argue with a name like that? – the world’s favorite digital doodad is gonna hit its peak towards the end of 2025, then take a nap… a long nap… in 2026.

The latest reports show ARK bought just over 48,000 shares of BitMine on Friday, spread across their fancy investment funds. All together, it’s about $2 million – a hefty sum, and another sign they’re fond of anything blockchain-related. One figures they’re seeing visions of future riches, or perhaps they just really like the word “decentralized.”

IREN Limited is still the prom queen of the sector with a $16.97 billion market cap, even after a 6.83% slip. But hey, it’s up 2.68% over five days, so it’s basically the kid who got an A-minus and still brags about it. 🏆