'Crypto whale' asleep since 2011 sells US$ 1.3 billion in bitcoin Investor got rid of all cryptocurrencies he owned that were bought for around US$ 3.00 each.
🚨 URGENT: GIANT GLOBAL FUNDS AND LARGE INVESTORS DUMPING $BTC WINTERMUTE SELLING $BTC BLACKROCK SELLING $BTC GRAYSCALE SELLING $BTC COINBASE SELLING $BTC BINANCE SELLING $BTC MORE THAN US$ 10 BILLION IN BITCOIN HAVE BEEN DUMPED, DRIVING THE PRICE TO US$ 82.000 THIS IS PURE MANIPULATION!! 👀
Julia Zanatta defends investors and tries to suspend new rules from the Federal Revenue of Brazil involving cryptocurrencies (Reproduction). As a Legislative Decree Project (PDL), the proposal is processed only in the Chamber of Deputies and the Federal Senate. If approved, it comes into effect without the need for presidential sanction.
Julia Zanatta explained that the Federal Revenue created regulation without authority and seeks support to suspend rules that affect the cryptocurrency market. In her justification for her new project in defense of the market, Julia Zanatta made it clear that the revenue requests many data from cryptocurrency investors.
"The Federal Revenue published the Normative Instruction, creating the Declaration of Cryptoassets (DeCripto) to require that companies, foreign platforms, and individuals who move above R$ 35 thousand per month report all operations with crypto. The IN requires complete user data, amounts, fees, balances, wallet identification, and even information on operations conducted on decentralized platforms and smart contracts," she emphasized in her justification.
Moreover, she indicates that the creation of unprecedented fines is also a point that deserves analysis by the National Congress. In other words, another point that justifies suspending the Normative Instruction. "The IN exceeds its authority because it creates the DeCripto without legal provision, creates unprecedented fines (1.5% and 3%), imposes AML/KYC by infralegal norm, forces ordinary users to declare on-chain transactions, and also imposes extraterritoriality for foreign platforms (such as using PIX, .br or advertising)," Zanatta continued explaining.
The Antiterrorism Law may require brokers to track and block bitcoin and cryptocurrencies in Brazil Deputy Captain Alberto Neto presents a proposal that classifies factions as terrorist groups and creates a crime of obstruction for fintechs and cryptocurrency exchanges
Iris's CPI summons the Central Bank and the Federal Revenue to explain new cryptocurrency rules São Paulo councilors want to understand if the new rules presented can help combat situations like the one Tools For Humanity attempted in the capital of São Paulo, when it scanned the eyes of the population in exchange for access to an application with a balance in cryptocurrencies
Crypto Markets Face Brutal Reset Overnight as Liquidations Surpass $2B Bitcoin dropped sharply to $81,000, wiping out long positions, as ETF outflows intensified.
After a calm, nearly flat Thursday, crypto markets have flipped sharply into risk-off mode as a wave of liquidations slams prices lower, pushing total market capitalization down 8% on Friday morning to below $3 trillion. Bitcoin (BTC) plunged over 10% on the day, falling to as low as $81,050, extending weekly losses above 12% Data from Coinglass shows more than $2.2 billion in positions affecting more than 400,000 traders were liquidated over the past 24 hours, the largest single-day liquidation event since the Oct. 10 crash — which saw record daily liquidations of nearly $20 billion. The vast majority of liquidated positions were longs, at just over $2 billion.
Bitcoin led liquidations with $1.13 billion wiped out on the day, while Ethereum saw $428 million.
Brazilian is a dumb creature, right? Only knows how to make poorly done copies of foreigners in all sectors. A random person from the USA decided to buy Bitcoin since their company doesn't produce anything anymore and doesn't provide any services, got lucky, used shareholder money, and bought Bitcoins at good prices. What does the Brazilian do? Makes a poorly done copy and puts all the company's money into the historical high of Bitcoin at 126 thousand dollars! 🤣🤣🤣
Minister Edson Fachin, current president of the Supreme Federal Court (STF) and consequently of the National Justice Council (CNJ), signed a document for the creation of a working group that should focus on the study of the preservation of digital evidence securely.
In one of the activities, the created working group must assess the technology of bitcoin, the blockchain, which is a reference today for security and immutability of data.
"Discussing the development of a reliable and auditable technological tool (e.g., blockchain) or another standardized technological solution, with cryptographic mechanisms and immutable records of operations, which allows tracking the entire cycle of manipulation of digital evidence, ensuring authenticity and transparency," says an excerpt from the CNJ Presidential Ordinance No. 391/2025.
"Those who depended on shortcuts will have to adapt," warns lawyer about rules for Brazilian brokers Central Bank defines how cryptocurrency operators should act in the country, see lawyer's perspective
Crescendo no Brasil nos últimos anos, a maior corretora dos EUA Coinbase também se manifestou sobre as novas regras publicadas pelo Banco Central do Brasil no dia 10 de novembro. De acordo com Fábio Plein, diretor regional para as Américas da Coinbase, a publicação é um marco positivo para o ecossistema.
Ele disse que a empresa reconhece o papel do regulador e a escuta que ele teve dos players. “A publicação das novas regras do Banco Central para o setor de ativos digitais no Brasil é um marco extremamente positivo para a consolidação e maturidade do ecossistema cripto.
A Coinbase reconhece os esforços do BC em ouvir o mercado e incorporar contribuições cruciais, como os requisitos de custódia e a remoção da proibição de transferências para carteiras de autocustódia“, explicou.
To reach this level, a new and strong demand for several ETFs launched together may be necessary. Experts believe that at least US$ 1 to US$ 3 billion
O CRYPTOBLACK
--
The launch of the first spot ETF for XRP on Nasdaq created great excitement, but instead of rising, XRP fell by about 8%, surprising investors who expected an instant recovery. New data shows that while the inflows were impressive on the first day, the amount was still too small to move an asset with a market capitalization of US$ 138 billion like XRP. The first ETF recorded approximately US$ 245 million in inflows and nearly US$ 60 million in trading volume on the launch day. While this set a record for a new XRP product, it represents less than 1% of the total market value of XRP. This means that the inflows were not powerful enough to create demand pressure, so the price fell by nearly 8% as traders took profits and the hype cooled off. Many assumed that the ETF inflows would instantly remove XRP from exchanges. However, the current structure shows that ETF inflows are not always equivalent to direct spot purchases, which means they do not instantly increase the price. Analysts estimate that for a significant price breakout, XRP may need inflows 10x to 15x larger, equal to US$ 3 B to US$ 5 B in a single day. Data from major exchanges show that approximately 2.4 billion XRP tokens are liquid and ready for trading, which is equivalent to about US$ 5 billion in value. OTC desks reportedly hold an additional US$ 5 billion to US$ 12 billion in deep liquidity. Large institutions buying on OTC desks typically pay a premium of 5% to 15% to avoid driving up the price in the spot markets. While this is positive for long-term supply reduction, it does not affect the exchange price immediately. Technical analysis shows a bullish divergence forming in the RSI, which could indicate a potential trend reversal. However, for a confirmed breakout, analysts are watching for daily closes above US$ 2.68.
The launch of the first spot ETF for XRP on Nasdaq created great excitement, but instead of rising, XRP fell by about 8%, surprising investors who expected an instant recovery. New data shows that while the inflows were impressive on the first day, the amount was still too small to move an asset with a market capitalization of US$ 138 billion like XRP. The first ETF recorded approximately US$ 245 million in inflows and nearly US$ 60 million in trading volume on the launch day. While this set a record for a new XRP product, it represents less than 1% of the total market value of XRP. This means that the inflows were not powerful enough to create demand pressure, so the price fell by nearly 8% as traders took profits and the hype cooled off. Many assumed that the ETF inflows would instantly remove XRP from exchanges. However, the current structure shows that ETF inflows are not always equivalent to direct spot purchases, which means they do not instantly increase the price. Analysts estimate that for a significant price breakout, XRP may need inflows 10x to 15x larger, equal to US$ 3 B to US$ 5 B in a single day. Data from major exchanges show that approximately 2.4 billion XRP tokens are liquid and ready for trading, which is equivalent to about US$ 5 billion in value. OTC desks reportedly hold an additional US$ 5 billion to US$ 12 billion in deep liquidity. Large institutions buying on OTC desks typically pay a premium of 5% to 15% to avoid driving up the price in the spot markets. While this is positive for long-term supply reduction, it does not affect the exchange price immediately. Technical analysis shows a bullish divergence forming in the RSI, which could indicate a potential trend reversal. However, for a confirmed breakout, analysts are watching for daily closes above US$ 2.68.