Bitcoin falls below $94K for first time since May amid extreme fear sentiment, with analysts warning of further drops to $83.5K as retail distress mounts.
Arca CIO Jeff Dorman rejects claims that Strategy(MSTR) faces forced Bitcoin sales, highlighting its robust balance sheet and cash flow despite Peter Schiff’s bankruptcy warnings.
Hong Kong’s HKMA launches Project Ensemble pilot for real-value tokenized deposit transactions, advancing crypto hub ambitions through 2026.
Market Updates
Alibaba will use JPMorgan’s blockchain for tokenized USD and EUR payments on its B2B platform to speed up cross-border transactions and cut intermediaries, starting with bank-issued tokens.
BlackRock’s $2.5B tokenized fund BUIDL lists as off-exchange collateral on Binance and expands to BNB Chain for enhanced institutional trading and DeFi utility.
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Daily Market Wrap | Nov. 17
Hot Topics
Bitcoin falls below $94K for first time since May amid extreme fear sentiment, with analysts warning of further drops to $83.5K as retail distress mounts.
Arca CIO Jeff Dorman rejects claims that Strategy(MSTR) faces forced Bitcoin sales, highlighting its robust balance sheet and cash flow despite Peter Schiff’s bankruptcy warnings.
Hong Kong’s HKMA launches Project Ensemble pilot for real-value tokenized deposit transactions, advancing crypto hub ambitions through 2026.
Market Updates
Alibaba will use JPMorgan’s blockchain for tokenized USD and EUR payments on its B2B platform to speed up cross-border transactions and cut intermediaries, starting with bank-issued tokens.
BlackRock’s $2.5B tokenized fund BUIDL lists as off-exchange collateral on Binance and expands to BNB Chain for enhanced institutional trading and DeFi utility.