Bitcoin, cryptos
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Rental Coins, a collapsed Brazilian crypto company, has filed for Chapter 15 bankruptcy in the U.S. to help it recover assets, Bloomberg Law recently reported. Chapter 15 is designed for cross-border insolvency cases, allowing foreign companies undergoing bankruptcy proceedings abroad to protect their U.S.-based assets.
Ethereum cofounder Vitalik Buterin has warned elliptic curve cryptography could break before the next U.S. presidential election in
After strong growth throughout much of the spring and summer, the world’s most popular cryptocurrency is now roughly flat for 2025.
Hayes, blaming bitcoin’s slump on a liquidity crunch engineered by the U.S. Federal Reserve and Treasury, said bitcoin could surge back to over $200,000 before the end of the year if dollar liquidity conditions change, branding bitcoin “the free-market weathervane of global fiat liquidity.”
Bitcoin’s modest rebound after its drop from $89,000 lifted several crypto-exposed stocks, despite broader market uncertainty.
Bitcoin dropped deeper into a bear market as investors fret over liquidity, Fed rate cuts, and a broader tech sell-off that's crushed risk appetite.
The total crypto market cap slipped below $3 trillion on Nov. 20 as the digital assets market continued to reel. As per onchain analytics firm CoinGlass, more than 215,000 crypto traders have been liquidated and over $820 million has been wiped out from the market.