Nasdaq-listed Bitcoin miner CleanSpark has announced a $1.15 billion senior convertible note offering. The company will allocate $460 million for stock repurchases at $15.03 per share. Remaining proceeds will fund expansion of mining capacity, data center infrastructure, and repayment of Bitcoin-backed loans, according to CleanSpark.

CryptoQuant founder Ki Young Ju outlined competing price trajectories for Bitcoin, citing billions in whale liquidations above $100,000 that create supply pressure. Large holders have distributed significant positions since the asset crossed six figures, according to on-chain data. The analyst noted that sustained institutional inflows from Strategy and spot ETFs have offset what could otherwise develop into prolonged bearish conditions.

The U.S. Securities and Exchange Commission has granted automatic approval for the Canary XRP ETF to list on Nasdaq under ticker XRPC. Trading is expected to begin later this week following completion of final administrative filings. XRP currently trades near $2.45 as the market prepares for the token's first spot fund launch.

Ethereum declined from $4,960 to approximately $3,000 over three months, echoing a 2020 correction when the asset dropped from $490 to $308 before entering a sustained rally. Analysts are tracking whale activity, key support between $3,000 and $3,100, and resistance near $3,695 as the token recovers above $3,500.

Brazil's Central Bank issued regulatory requirements on November 10, 2025, extending banking compliance standards to virtual asset service providers including exchanges, wallet services, and payment platforms. The framework mandates anti-money laundering protocols, customer due diligence, and Central Bank authorization for all crypto firms. The regulations take effect in February 2026.

Bitcoin climbed 290% in the five months following the 2018-2019 U.S. government shutdown, rising from approximately $3,500 to nearly $14,000. With the Senate advancing legislation to end the current 40-day shutdown—the longest on record—Bitcoin trades near $105,000. Analysts question whether the 2019 pattern can repeat, citing stark differences in market structure, valuation levels, and macroeconomic conditions between the two cycles.

Brazil's central bank published Resolutions 519, 520, and 521, classifying stablecoin transactions as foreign exchange operations subject to banking-style oversight. Licensed virtual asset service providers must implement consumer protection and anti-money laundering protocols. Transfers with unlicensed foreign entities are capped at $100,000, with full implementation set for 2 February 2026.

Bitcoin traded at $105,373, down 0.9%, as Asian equity markets advanced following the US Senate's approval of a funding bill to end the government shutdown. South Korea's Kospi gained 1.3% and Japan's Nikkei rose 0.4%. Gold climbed nearly 3% overnight, while the total crypto market capitalization stood at $3.64 trillion.