📉 The global crypto market slipped about 1 % this week to around $3.63 trillion. Bitcoin traded near $104,000, while Ethereum, Solana and XRP also saw mild declines as traders locked in profits after October’s rally. 🏛️ In the UK, regulators took another big step towards mainstream adoption. The Financial Conduct Authority approved a new crypto clearing and settlement platform supported by major financial players such as Nasdaq and Nomura. At the same time, the Bank of England proposed new stablecoin rules that could limit individual holdings to £20,000 but allow issuers to keep up to 60 % of reserves in short-dated UK government debt. 📈 Across the Atlantic, Bitwise launched a US spot Solana ETF (ticker BSOL.P) that attracted around $420 million in its first week of trading, fuelling a wave of competition among asset managers. However, crypto investment products overall saw weekly outflows of about $1.2 billion, with most withdrawals coming from Bitcoin and Ethereum funds. 🌐 Market activity remained mixed. Some institutional treasury managers shifted into smaller, riskier tokens, raising volatility concerns. Despite a weak start to the week, the market steadied by Friday as traders awaited new macroeconomic signals from the Federal Reserve. 🎯 Fun Fact of the Week There are now more than 37 million cryptocurrencies in existence worldwide! Most of these coins are tiny or inactive, created for specific experiments, marketing campaigns or one-time projects. Yet only a few thousand trade actively on exchanges, and fewer than 100 hold any real market value. Analysts estimate that by the end of 2025 this number could exceed 100 million, as blockchain tools make it easier than ever to mint tokens instantly. The challenge for investors is separating lasting innovation from the endless stream of short-lived experiments. 💬 The bottom line: while regulatory frameworks and ETF launches are clear signs of crypto’s growing maturity, capital outflows and speculative rotation show the market still struggles with stability. Traders will now be watching macro data and central bank comments for the next big catalyst. 🚀 Stay informed and trade smart with NordFX! 🌍 Crypto News of the Week (05–12 November 2025) was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story📉 The global crypto market slipped about 1 % this week to around $3.63 trillion. Bitcoin traded near $104,000, while Ethereum, Solana and XRP also saw mild declines as traders locked in profits after October’s rally. 🏛️ In the UK, regulators took another big step towards mainstream adoption. The Financial Conduct Authority approved a new crypto clearing and settlement platform supported by major financial players such as Nasdaq and Nomura. At the same time, the Bank of England proposed new stablecoin rules that could limit individual holdings to £20,000 but allow issuers to keep up to 60 % of reserves in short-dated UK government debt. 📈 Across the Atlantic, Bitwise launched a US spot Solana ETF (ticker BSOL.P) that attracted around $420 million in its first week of trading, fuelling a wave of competition among asset managers. However, crypto investment products overall saw weekly outflows of about $1.2 billion, with most withdrawals coming from Bitcoin and Ethereum funds. 🌐 Market activity remained mixed. Some institutional treasury managers shifted into smaller, riskier tokens, raising volatility concerns. Despite a weak start to the week, the market steadied by Friday as traders awaited new macroeconomic signals from the Federal Reserve. 🎯 Fun Fact of the Week There are now more than 37 million cryptocurrencies in existence worldwide! Most of these coins are tiny or inactive, created for specific experiments, marketing campaigns or one-time projects. Yet only a few thousand trade actively on exchanges, and fewer than 100 hold any real market value. Analysts estimate that by the end of 2025 this number could exceed 100 million, as blockchain tools make it easier than ever to mint tokens instantly. The challenge for investors is separating lasting innovation from the endless stream of short-lived experiments. 💬 The bottom line: while regulatory frameworks and ETF launches are clear signs of crypto’s growing maturity, capital outflows and speculative rotation show the market still struggles with stability. Traders will now be watching macro data and central bank comments for the next big catalyst. 🚀 Stay informed and trade smart with NordFX! 🌍 Crypto News of the Week (05–12 November 2025) was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more