KLEA Crypto Daily: Friday, November 21, 2025

Published: November 22, 2025 – 00:04 UTC

Here’s a look back at the key stories from November 21, 2025.

Coinbase Derivatives to Expand 24/7 Futures Trading for Altcoins

Coinbase Derivatives is set to expand 24/7 futures trading for a variety of altcoins, including ADA, AVAX, DOGE, and SHIB. This move aims to offer more trading opportunities for users interested in these alternative cryptocurrencies.

Cardano Network Disrupted by ‘Poisoned’ Transaction Attack

A 'poisoned' transaction attack caused a validation mismatch leading to an unexpected fork in the Cardano network. The incident highlights the importance of network security and vigilance in the cryptocurrency space.

Bitcoin’s Death Cross Confirmation May Mean BTC Is Officially in a Bear Market

A rare death cross has been confirmed on Bitcoin’s price chart, suggesting that the bear market has just started. Will dip buyers be able to defy the trend?

BitMine First Dividend Arrives as Stocks Dips From $135 High to $26

BitMine, the largest Ethereum treasury company, announced its first annual dividend amidst a sharp pullback in digital assets. Despite the stock trading far below its yearly peak, the move marks a significant shift in returning value to shareholders through traditional corporate finance tools.

Bitcoin Can’t Fail Since It’s Not ‘A Protective Hedge’, Industry Veteran Argues

Industry veteran Samson Mow argues that Bitcoin was never meant to be a hedge and its current price looks irrational due to market misunderstandings, treating BTC like a tech stock or risk asset.

Certora Launches the First Safe AI Coding Platform for Smart Contracts

Certora announced Certora AI Composer, an open-source AI coding platform that combines artificial intelligence with formal verification to enhance smart contract development speed and safety. Unlike other AI tools, Certora AI Composer ensures AI-generated code adheres to mathematical safety rules before execution, boosting trust in smart contract security.

Bitcoin Meltdown Slams ETF Market: 5 Funds Hit Fresh Lows As Traders Hunt A Bottom

A wave of crypto-linked ETFs, including the ProShares Bitcoin Strategy ETF, plunged to fresh lows as Bitcoin's breakdown accelerated. The ProShares Bitcoin Strategy ETF dropped 4.2% on Friday, marking a 54% decline from its 52-week high, reflecting the impact of Bitcoin's recent price movements on ETFs.

US Investigates Whether Bitmain Hardware Could Enable Chinese Remote Access

Chinese Bitcoin mining giant Bitmain is under U.S. scrutiny over potential national security risks, with federal officials examining if its hardware could be remotely manipulated from China. The investigation, known as Operation Red Sunset, led by the Department of Homeland Security, is exploring if Bitmain's equipment could pose espionage or grid interference threats.

NY Fed President Sees Room for Another Rate Cut Amid Employment Risks

New York Fed President John Williams believes there is "near-term" space for another rate cut, citing increased employment risks and decreased inflation risks. The decision on a December rate cut is divided among Fed officials, with Chair Jerome Powell likely to play a crucial role.

Kalshi's Valuation Skyrockets to $11 Billion After $1 Billion Fundraise

Prediction market startup Kalshi's valuation has surged to $11 billion following a significant $1 billion funding round led by investors like Sequoia and CapitalG. This substantial increase comes after a previous fundraise of $300 million, positioning Kalshi as a major player in the market.

Kucoin Pay Enters Brazil via Pix: Driving Instant Crypto Payments and Enhancing Utility

KuCoin Pay has integrated with Pix, allowing Brazilians to convert and spend over 50 cryptocurrencies at merchants accepting Pix QR codes. This move taps into Brazil's significant crypto adoption and meets the demand for practical crypto applications in Latin America.

As Bitget and Kraken Add Equity Access, HelloTrade to Offer Leveraged Trading to Retail Investors

HelloTrade has secured $4.6 million in funding to launch a blockchain-based trading platform, while Bitget and Kraken now offer tokenized U.S. equities. These developments signal a trend towards expanding access to traditional assets and leveraged trading in the crypto space.

U.S., U.K., and Australia Impose Sanctions on Russian Cybercrime Networks

In a coordinated effort, the U.S., U.K., and Australia have sanctioned Russian bulletproof hosting providers involved in ransomware and cybercrime activities.

Quantum Computing: A Growing Challenge for Cryptocurrency Security

As quantum computing advances, the cryptocurrency industry faces potential security threats. Efforts are underway to develop quantum-resistant solutions and ensure blockchain security.

SERPutation Presence at Affiliate World Bangkok 2025: Booth at D60

SERPutation will be a key exhibitor at Affiliate World Bangkok 2025, focusing on trust, visibility, and brand perception to help companies navigate reputation challenges in the digital landscape.

GitHub Enhances Pull Request Preview with New ‘Files Changed’ Features

GitHub introduces improvements to the ‘Files Changed’ page, allowing users to view pull request descriptions seamlessly on the same page, enhancing user experience and performance.

OKX Introduces JCT Perpetual Futures for Enhanced Trading Options

OKX has listed USDT-margined perpetual futures for Janction (JCT), providing traders with increased leverage and 24/7 trading opportunities starting November 20, 2025.

MSCI Index Likely to Kick Out Crypto Treasuries, Exec Warns

If the MSCI decides to exclude digital asset treasuries, index-tracking funds may need to sell, creating significant pressure on the affected names, according to a warning from an executive.

Source: KLEA News