Listen to today’s podcast: https://www.youtube.com/channel/UC-nqwUyvLDEvs7bV985k-gQ
Bitcoin/Crypto Daily Podcast — November 21, 2025
Today’s podcast episode was created from the following stories:
Metaplanet unveils new bitcoin backed capital structure with $150M perpetual preferred offering
By: James Van Straten | Date: Nov 20, 2025
Metaplanet rolled out a two-tier, bitcoin-centric preferred equity stack: MARS (adjustable-rate, senior, non-dilutive) and MERCURY (perpetual Class B with a 4.9% coupon and long-dated conversion). The initial MERCURY raise totals about ¥21.25B (~$150M) as shares trade below net BTC value. The structure seeks to smooth volatility and unlock funding, echoing moves by other bitcoin treasuries.
Crypto markets today: bitcoin holds steady amid wave of sell pressure as altcoins slide
By: Oliver Knight, Omkar Godbole | Date: Nov 20, 2025
Bitcoin was largely unchanged despite a long-term holder sending $228M to Kraken and miner MARA moving $58M to prime brokers, with BTC volume rising to $81B. Altcoins lagged—ETH fell 3.4% while ATOM and ZEC outperformed—and more than $600M in leveraged longs were liquidated as positioning lightened on CME. Memecoins continued to underperform, and Bases Jesse Pollak teased a new token amid skepticism.
BlackRock suffers worst-ever rout as bitcoin crashes
By: Author not provided | Date: Date not provided
BlackRocks bitcoin ETF reportedly endured its worst rout during a sharp market downdraft. Over $550M was liquidated across more than 170,000 traders in 24 hours, highlighting the speed at which volatility can cascade across ETFs and derivatives. The episode underscores the feedback loop between institutional flows and spot market stress.
Seller fatigue?: Crypto Daybook Americas
By: Omkar Godbole, Jamie Crawley (Edited by Sheldon Reback) | Date: Nov 20, 2025
CoinDesks Daybook flags signs of seller fatigue: back-to-back long-wick candles and an oversold RSI as BTC consolidates above $90K. With sentiment fragile and a delayed U.S. payrolls print on deck, a weak macro surprise could spark a short squeeze. The briefing also points to product chatter (Ripple staking, Bases JESSE token) and heightened FX focus on the yen.
Ark Invest buys the slide, adds almost $40M of crypto stocks, as market drops
By: Jamie Crawley | Date: Nov 20, 2025
Ark Invest bought the dip, adding roughly $39.6M across Bullish (BLSH), Circle (CRCL), and Bitmine (BMNR) as crypto equities slid. The firm often accumulates when prices are depressed, aligning with its longer-term thesis across ARKK, ARKW, and ARKF. Its a snapshot of selective institutional risk-taking despite broader market retracement.
B. Riley cuts digital asset treasury company price targets as crypto slump deepens
By: Will Canny, AI Boost | Edited by Sheldon Reback | Date: Nov 20, 2025
B. Riley trimmed price targets on digital-asset treasury names after their drawdowns outpaced BTC, ETH, and SOL. Targets were cut for BMNR ($47 from $90), FGNX ($5 from $8), NAKA ($1), and SQNS ($11), while SBETs $19 target and buy were reiterated. Analysts still see value where shares trade below mNAV and expect ROE-boosting tactics like buybacks, preferreds, and advanced ETH strategies.
World App starts virtual bank accounts pilot for USDC payroll deposits
By: Margaux Nijkerk, AI Boost | Edited by Jamie Crawley | Date: Nov 20, 2025
World App launched a U.S. pilot for virtual bank accounts that accept direct payroll deposits into the app, auto-converting incoming funds to USDC. Users can add money, send USDC internationally, and spend instantly without fees, streamlining the fiat-to-crypto on-ramp. The initiative advances a vision for inclusive, always-on finance tied to the World ID identity network.
AI and HPC bitcoin miners surge pre market following stellar NVIDIA earnings
By: James Van Straten | Date: Nov 20, 2025
NVIDIAs beat and guidance lifted AI/HPC-linked bitcoin miners in pre-market trading: IREN rose over 8%, Cipher Mining about 11%, and Hive more than 6%. Separately, Kindly MD (NAKA) posted delayed Q3 results with $0.4M revenue and an $86M net loss tied to non-cash merger charges and unrealized BTC losses; it holds 5,765 BTC and trades near mNAV. The read-through: AI strength is buoying miner sentiment even as crypto balance-sheet names navigate drawdowns.
De chiffres records E chute vertigineuse A0: que se passe-t-il avec le bitcoin A0?
By: Romain Vitt | Date: Nov 20, 2025
This French-language analysis tracks bitcoins swift reversal from record highs to below $90K, driven by geopolitical jitters, cascading liquidations, and fading rate-cut optimism. It estimates roughly $20B was wiped out during leverage cascades and notes spillovers into tech equities, including a rough day for the Nasdaq. With regulation evolving but uncertainty high, a rebound likely hinges on macro stabilization and restored investor confidence.
Dave Portnoy says he’s like a ‘great white shark’ when there’s blood in the streets, reveals $2 million worth of crypto purchases
By: Author not provided | Date: Date not provided
Dave Portnoy leaned into the dip, saying hes a great white shark when theres blood in the streets and disclosing $2M in crypto buys. The move captures a pocket of risk-on sentiment among high-profile retail traders. Whether it signals a durable turn or just a tactical trade remains to be seen.
