Crypto News Today [Live] Updates On November 20,2025

Dave Portnoy, founder of Barstool Sports and known for his bold, high-conviction trades, is back in the crypto spotlight — this time with a $1 million XRP buy. He jumped in during the dip, calling the move “blood in the streets,” signaling confidence while sentiment is shaky. When mainstream, high-visibility investors start buying fear, it often hints at an undercurrent shifting in the market. Portnoy’s entry has the XRP community buzzing about what may come next.

The latest FOMC minutes delivered a clear message: rate cuts are coming, but not anytime soon. Fed officials agree easing will be necessary, yet the pace will stay slow and tied closely to incoming data. While inflation has cooled, the Fed says it isn’t fully resolved, and a further softening in the labor market remains essential before moving faster. With no urgency to ease, the tone stayed measured — far more cautious than markets hoped for. The takeaway: expect cuts, but expect patience.

Core Foundation says it has secured an injunction from the Grand Court of the Cayman Islands against Maple Finance, alleging that Maple used confidential information from their partnership to build a competing product — violating a 24-month exclusivity agreement. Core also questioned Maple’s earlier disclosure of impairments in its Bitcoin Yield product and its inability to return certain BTC to lenders, calling the explanations unclear. Both the allegations and Maple’s response will now be tested in court.

Pi Network has officially achieved full compliance with the EU’s MiCA framework, as confirmed in its updated whitepaper on November 19 — a move that opens the door to listings on regulated EU exchanges. This approval removes a major regulatory hurdle, boosting confidence, liquidity, and potential institutional interest. With its payment-focused token utility now gaining legitimacy, demand is set to rise. Following the announcement, $PI jumped nearly 5%, while trading volume soared over 120%.

Some in the community are questioning why Brad Garlinghouse was tagged in a discussion about a new stablecoin setup that’s backed by another stablecoin — and appears highly centralised. The approach feels unnecessarily complex, especially when the XRPL already solves liquidity fragmentation through its native protocol-level features. With efficient paths, built-in DEX, and seamless asset routing, Ripple’s ecosystem offers a far cleaner and more scalable answer than layered stablecoin structures.

Japan’s 10-year yield jumping above 1.7% — the highest since 2008 — has reversed global money flows. Rising domestic yields mean Japanese institutions no longer benefit from holding U.S. debt, forcing capital back home. This pushes U.S. yields higher, tightening liquidity and pressuring risk assets, with crypto reacting fastest. While the short term brings volatility, rapid yield spikes often lead to policy easing. As liquidity returns, Bitcoin and crypto typically recover before equities.

President Donald Trump said on Tuesday that he believes he’s identified his pick to lead the Federal Reserve, while claiming he’s being restrained from removing current Chair Jerome Powell. “I think I already know my choice,” Trump told reporters in the Oval Office. “I’d love to get the guy currently in there out right now, but people are holding me back.” Treasury Secretary Scott Bessent has narrowed the shortlist to Fed Governors Christopher Waller and Michelle Bowman, former Governor Kevin Warsh, NEC Director Kevin Hassett, and BlackRock executive Rick Rieder.