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• Dogecoin traded at $0.15 as bulls looked to hold the advantage at the price level.
• A successful breach of $0.18 could ignite fresh gains.
• Key targets include $0.30 and $0.50, which could be within reach if bullish momentum emerges across memecoins.

Dogecoin (DOGE) price is showing signs of a possible reversal as bulls hold the $0.15 mark amid the latest market volatility.

This comes as a critical on-chain metric turns positive, suggesting a potential shift in momentum for the popular memecoin.

However, cryptocurrencies are in a downbeat mood as sentiment tanks alongside major price dips.

In this case, DOGE may come under fresh sell-off pressure.

That’s the same outlook that analysts have pointed out for top alts, including XRP, Solana and Chainlink.

Bitcoin also hovers at $91,500 as spot ETF outflows spike.

Dogecoin price: bulls target a bounce off the $0.15 level

As top altcoins battle to hold key price levels, Dogecoin’s price action appears to be mirroring this trajectory.

The memecoin has seen a notable dip since wicking into resistance above $0.18 on November 11, 2025.

Notably, DOGE dipped to just under $0.15 on Nov. 17, extending losses since the $0.30 level.

The area marks a multi-month demand and supply zone, which incidentally is a key hurdle bulls have to surmount.

Nonetheless, DOGE finding support at the current levels align with bulls crowding at the major support line of a broadening wedge pattern.

DOGE exchange flows flip positive

A notable observation from analyst Ali on X is that Dogecoin’s exchange net position has changed.

Per data from Glassnode, which Ali shared, the supply of DOGE on exchanges has recently turned positive.

The chart shows that this development has historically preceded sharp price rebounds for the altcoin.

Notably, the latest shift occurs as DOGE price hovers near $0.15 and close to the $0.20 mark.

Dogecoin $DOGE supply on exchanges just turned positive!

This shift has marked sharp rebounds before. pic.twitter.com/EMTukIkO8y

— Ali (@ali_charts) November 19, 2025

As the analyst suggests, potential accumulation could set the stage for a bullish reversal for the DOGE price.

Dogecoin price prediction

Price has dipped since bears showed up at $0.30, a multi-month demand and supply zone.

However, prices are holding firm near $0.15 as the level marks a key floor for bulls within a broadening wedge pattern.

Daily RSI is at 39 and off the oversold level to signal a potential reversal.

Elsewhere, the MACD supports buyers with a bullish crossover hint.

If buyers get $0.18, fresh gains could mean a breakout to $0.30 and then $0.50.

DOGE leading a memecoin resurgence could be key. On the flipside, losses below $0.15 will add to growing pressure.

Ali notes that bulls accumulated more than 27.4 billion DOGE at the $0.08 price level.

This makes the zone bulls’ most significant support level, should bears pierce the $0.10 level.

• Bitcoin ETFs log fifth straight day of heavy outflows.

• BlackRock’s IBIT posts record withdrawal since launch.

• Bitcoin risks further downside as sell pressure intensifies.

US-listed spot Bitcoin exchange-traded funds saw another day of significant redemptions on 18 November, marking their fifth consecutive session of outflows.

The ETFs recorded a combined $372.8 million in net withdrawals, extending a trend that began on 12 November and has now removed billions of dollars from major issuers.

The day’s outflows were driven largely by BlackRock’s iShares Bitcoin Trust (IBIT), which reported $523.2 million in redemptions — its largest single-day loss since launching in January 2024.

Small inflows into EZBC and BTC were not enough to offset broader investor selling.

Date	IBIT	FBTC	BITB	ARKB	BTCO	EZBC	BRRR	HODL	BTCW	GBTC	BTC	Total
18 Nov 2025	(523.2)	0.0	0.0	0.0	0.0	10.8	0.0	0.0	0.0	0.0	139.6	(372.8)
17 Nov 2025	(145.6)	(12.0)	(9.5)	(29.7)	0.0	0.0	0.0	(23.3)	0.0	(34.5)	0.0	(254.6)
14 Nov 2025	(463.1)	(2.1)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	(6.0)	(25.1)	(492.1)
13 Nov 2025	(256.6)	(119.9)	(47.0)	(15.7)	(30.8)	(5.7)	0.0	(8.3)	0.0	(64.5)	(318.2)	(866.7)
12 Nov 2025	(36.9)	(132.9)	0.0	(85.2)	0.0	0.0	0.0	0.0	0.0	(23.1)	0.0	(278.1)

Recent sessions have shown a similarly weak pattern, with $254.6 million exiting on 17 November, $492.1 million on 14 November, $866.7 million on 13 November, and $278.1 million on 12 November.

The sustained withdrawals reflect cooling institutional appetite despite pockets of isolated inflows.

IBIT faces heaviest pressure

According to SoSoValue data, IBIT’s $523.15 million outflow on Tuesday surpassed its previous record of $463 million set on 14 November.

The ETF has now posted five straight days of net outflows, totaling $1.43 billion.

With $72.76 billion in net assets, IBIT remains the world’s largest spot Bitcoin ETF.

Yet it has seen a negative flow trend since late October, accumulating four consecutive weeks of outflows amounting to $2.19 billion.

Across the sector, spot Bitcoin ETFs have suffered more than $3 billion in outflows so far in November, with IBIT alone accounting for nearly $2 billion of that figure.

The withdrawals have coincided with Bitcoin’s price correction, which saw the token fall below $90,000 earlier this week from its $126,080 all-time high in early October.

Bitcoin was last changing hands around $91,849, up 1.6% in the past 24 hours.

Bitcoin price tests crucial support

Bitcoin continues to trade near the $90,000 support level on Wednesday.

A daily close below that threshold could open the door to further downside, particularly as institutional outflows reinforce bearish sentiment.

The pressure has been amplified by data showing persistent selling across multiple investor cohorts.

A K33 Research report released Tuesday noted that long-term holders have been trimming positions for months, while ETF investors have accelerated their own selling in recent weeks.

K33 highlighted that Bitcoin’s recent market structure resembles prior major drawdowns.

In March 2024, the token fell 33.57% from its peak, while the tariff-driven sell-off earlier in the year resulted in a 31.95% decline. A similar correction today would place Bitcoin in the $84,000 to $86,000 range.

Analysts at K33 also warned that a resurgence of leverage in the derivatives market could act as a catalyst pushing prices toward — or even below — those levels.

 

Key takeaways

• AAVE is down 4% in the last 24 hours and is now trading at $171 per coin.
• The bearish performance comes despite the launch of the Aave App on the App Store.

Aave launches the Aave App on App Store

Aave, the largest decentralized crypto lending platform, announced on Monday that it is launching its Aave App on Apple’s App Store. The team revealed that the app will allow users to earn up to 6.5% annualized yield, higher than money market funds, leveraging Aave’s infrastructure lending protocol.

Introducing Aave App, a smarter way to save. pic.twitter.com/HaseIjnWW5

— Aave (@aave) November 17, 2025

Users can also deposit funds from bank accounts, debit cards, or stablecoins. The new app also offers “balance protection” on deposits up to $1 million.

However, this announcement didn’t stop AAVE from being affected by the bearish trend of the broader crypto market. AAVE has lost 4% of its value in the last 24 hours and risks declining further as the market selloff continues.

AAVE could retest the $150 psychological level

The AAVE/USD 4-hour chart is bearish and inefficient as the coin has lost 21% of its value in the last seven days. The technical indicators are also bearish, with the RSI of 38 indicating that AAVE could enter the oversold region if the selloff continues. 

The MACD lines are still within the negative territory, suggesting that traders could reduce their risk in the market. If the bearish trend continues, AAVE could retest the $150 support level in the coming hours or days. An extended bearish trend could see AAVE drop below the October 10 low of $133.

However, if the market recovers, AAVE could rally towards the first major resistance level at $183. Overcoming the $200 psychological level would allow AAVE to target the recent $236 monthly high.

• Internet Computer (ICP) rises amid market downturn, driven by short squeeze AI hype.
• The Internet Computer ecosystem growth and AI tools have strengthened investor confidence.
• A breakout above the key resistance at $5.94 could push ICP’s price toward $7.

Internet Computer (ICP) has caught the attention of crypto traders and analysts alike by defying the broader market downturn.

While Bitcoin (BTC) and Ethereum (ETH) struggle with declining prices, ICP has surged by double digits, showcasing resilience.

Notably, the ICP’s price surge comes amid growing ecosystem developments and increasing activity in the AI space, signalling that the network is finding new momentum even in a challenging market environment.

ICP price rebounds against market trends

Over the past 24 hours, Internet Computer (ICP) has risen sharply, trading around $5.44, after an 11.3% increase despite a broader market downturn that has weighed heavily on most major cryptocurrencies.

This surge has been fueled in part by a potential short squeeze, as funding rates in the derivatives market have turned deeply negative.

Traders holding short positions on ICP faced growing pressure as the token’s price climbed, forcing some to close their positions and buy back the token, which added upward momentum.

However, open interest in ICP derivatives has surged nearly 92% to $174 million, indicating heightened trading activity and volatility that could accelerate the rally further if key resistance levels are overcome.

The technical picture for ICP is equally compelling.

The token recently broke above a two-month falling price channel, a pattern that had contained the asset since early November.

This breakout is considered a bullish signal, with indicators like the Awesome Oscillator turning positive.

While the MACD remains bearish and the RSI hovers near neutral at 52, the price move suggests that sellers’ control is weakening.

Ecosystem growth supports ICP momentum

Beyond technical catalysts, the Internet Computer (ICP) price is also supported by strong ecosystem fundamentals.

The total value locked (TVL) in ICP’s DeFi ecosystem has grown 57% in the past month to reach $19.83 million, driven by platforms such as WaterNeuron, which alone has seen its assets increase by 90%.

Stablecoins on the network have also risen, now totalling nearly $4.93 million.

Additionally, the launch of Caffeine, a platform that allows users to build websites and applications through AI without coding, has reinforced ICP’s position in the fast-growing AI sector.

Institutional partnerships and integrations, including collaborations with Microsoft Azure and Google Cloud, have further strengthened the network’s decentralised cloud and AI narrative, attracting developers and investors alike.

Internet Computer (ICP) price outlook

While the broader market faces uncertainty, ICP’s ecosystem expansion, AI integration, and strong technical setup position it for further upside potential.

The combination of technical and fundamental drivers suggests that the Internet Computer (ICP) price could continue its upward trajectory.

A successful breakout above the $5.94 resistance could open the path to $7 or higher, with strong buying momentum reinforced by the short squeeze dynamic.

At the same time, holding the key support level at $4.76 will be critical to maintaining investor confidence.

If bulls remain in control, traders should closely watch the $5.94 resistance, with a daily close above this level potentially confirming a trend reversal and opening the door to higher targets near $6.74 or even $7.32, in line with Fibonacci retracement levels.

Key takeaways

• BTC slipped below $90k a few hours ago but has rebounded and is now trading above $91k.
• The leading cryptocurrency could dip towards $85k if the selloff continues.

The cryptocurrency market has continued its bearish performance in November as Bitcoin lost 5% of its value in the last 24 hours and temporarily dropped below the $90k level. It has recovered slightly and is now trading above $91k per coin.

Institutional demand and bearish order flow see BTC underperform

The bearish performance comes as institutional demand continues to decline.  US-listed spot Bitcoin Exchange Traded Funds (ETFs) recorded $254.54 million in outflows on Monday, extending the persistent wave of withdrawals. 

According to SoSoValue, over $1.1 billion was withdrawn from U.S. spot Bitcoin ETFs over the last seven days. If the outflows continue and intensify, Bitcoin’s price could record further losses in the near term. 

In addition to that, on-chain data for Bitcoin suggests that BTC is yet to find the bottom and could record further losses in the near term. Recent data shows that the Average BTC Deposit Volume has surpassed 0.9 on Tuesday, signaling rising selling pressure. 

Historically, when average deposit volume on Binance increases, Bitcoin faces heavy selling pressure. Furthermore, the Binance Exchange Reserves have exceeded 580,000 BTC. This is a sign of growing sell pressure, with demand currently weak in the market. 

BTC could retest the $85k support level

The BTC/USD 4-H chart is bearish and inefficient as Bitcoin has extremely underperformed over the past few days. The coin faced rejection at the 38.20% Fibonacci retracement level at $106,453 since last Monday and has declined by more than 10% since then. 

If the bearish correction continues, Bitcoin could decline towards the next psychological support level at $85k. The Relative Strength Index (RSI) on the 4-hour chart is at 34, reinforcing the strong bearish momentum. The MACD indicator also signals that BTC remains in deeply oversold conditions.

However, if BTC recovers, it could extend the recovery toward the resistance level at $94,253.

• Solana price dropped to lows of $129, falling as Bitcoin and Ethereum dipped below key levels.
• Bulls have shown a slight bounce with SOL above $136.
• If bears take further control, the altcoin could dip to lows of $100.

Solana (SOL) was trading in the red, down 3% in the last 24 hours.

However, the altcoin has staged a tentative recovery, with bulls climbing back above $136 after dipping to intraday lows of $129.

Prices are down 17% in the past week and 26% from SOL’s three-month high.

Nonetheless, trading volume has surged to over $9.1 billion, up 76% in 24 hours and signaling heightened investor activity.

Amid broader market jitters, Bitcoin’s price has slipped to $90,000, and Ethereum touched lows of $2,940.

So, does Solana’s rebound signal a slowdown of bearish pressure, or are bears regrouping for a fresh attack?

Solana price – negative but SOL back above $130

The sharp descent that preceded Solana’s slight recovery comes as crypto suffers further price vulnerability.

SOL plumbed depths of $129 on November 17, marking its lowest level since April 2025.

On major exchanges like Binance and Coinbase, the plunge wiped out most recent gains as bears extended losses and looked poised to revisit levels seen earlier in the year.

Cascading liquidations have seen rekt positions cross the $1 billion mark across the crypto sector in the past 24 hours.

It all points to selling that has bulls pegged in negative territory. Yet, analysts see a potential bounce.

What’s next for SOL?

The technical picture on Solana’s daily chart paints a cautiously optimistic yet precarious outlook.

SOL price teeters between a markedly bearish structure and hints of bullish divergence. 

Notably, Solana’s token currently trades below the key moving averages of the 50-day and the 200-day.

Bears are showing downtrend control with a potential death cross pattern.

However, this is only hinted at on the daily chart, and despite strong sell signals across multiple oscillators, including RSI and MACD indicators, bulls might have a chance to invalidate the picture.

“SOL putting in quite the reversal relative to its $BTC pair. And it’s not the only coin,” Daan Crypto Trades said on X.

$SOL Putting in quite the reversal relative to its $BTC pair.

And it’s not the only coin.

Good to watch here. pic.twitter.com/I5rrbT8uAF

— Daan Crypto Trades (@DaanCrypto) November 18, 2025

A decisive hold above the $130 level could allow buyers to target the $145-150 demand zone.

Previous consolidations in the region have helped bulls advance toward $160-180.

The token is now consolidating and trading below $140 and the 100-hourly SMA, facing immediate resistance at $136, where a bearish trend line also sits.

A move above $142 could open the door to a recovery toward $150 and $155.

However, failure to clear $140 risks renewed downside, with support at $130 and $128.

A break below $128 may push SOL toward $120 or even $108.

In the short term, the main support area in case of a fresh decline could allow sellers to target $100.

Long-term, Solana’s outlook remains largely bullish. ETF momentum, network upgrades, and regulatory shifts all provide a major confluence for bulls.

 

• Strategy acquired 8,178 BTC for $835 million, bringing total holdings to 649,870 BTC.

• The firm’s Bitcoin stash is now worth $61.7 billion, with $13.3 billion in unrealised gains.

• CEO Michael Saylor dismissed rumours of BTC sales, reaffirming Strategy’s “buy-and-hold” stance.

The world’s largest corporate holder of Bitcoin, Strategy, has resumed aggressive accumulation of the cryptocurrency with a purchase worth $835 million, even as prices remained volatile and sentiment turned cautious.

In a filing with the US Securities and Exchange Commission on Monday, the company reported buying 8,178 Bitcoin (BTC) at an average price of around $102,100 each.

The acquisition marks a sharp uptick from the firm’s earlier pace of 400–500 coins per week through October and early November.

The latest buy underscores Executive Chairman Michael Saylor’s conviction in Bitcoin as the firm’s core treasury asset, despite the cryptocurrency’s recent pullback.

Bitcoin treasury expands to nearly 650,000 coins

Following the purchase, Strategy now holds 649,870 BTC, valued at roughly $61.7 billion at current prices, based on CoinGecko data showing BTC trading near $94,200.

The company’s cumulative acquisition cost stands at $48.4 billion, implying paper gains of about $13.3 billion.

At that scale, Strategy controls more than 3% of Bitcoin’s total 21 million supply, making it by far the world’s largest corporate holder of the asset.

“₿ig week,” Saylor hinted on X (formerly Twitter) ahead of the announcement, signalling to his followers that another large purchase was imminent.

Despite the buying spree, Strategy’s stock (MSTR) fell more than 16% over the past five days to $197.03 on Nasdaq, reflecting broader weakness in crypto-related equities after Bitcoin’s sharp correction.

Saylor reaffirms commitment, dismisses sale rumours

Last week, Saylor pushed back against speculation that the company had sold part of its Bitcoin holdings.

The rumour originated from a Walter Bloomberg post on X citing Arkham Intelligence data, which later clarified that the on-chain movement reflected wallet reorganisation, not liquidation.

“There is no truth to this rumour,” Saylor said in response.

“We are buying. We’re buying quite a lot, actually, and we’ll report our next buys on Monday morning. I think people will be pleasantly surprised,” he told CNBC.

Just a week earlier, Strategy disclosed it had purchased an additional 487 BTC for $49.9 million, taking its total holdings at the time to 641,692 BTC.

Volatility returns to Bitcoin

Bitcoin’s latest rally came under pressure last week, with the cryptocurrency falling as much as 25% from its October all-time high near $126,000, dropping to a Sunday low of $93,029 before rebounding modestly.

Despite the US government reopening after a record 43-day shutdown, market uncertainty tied to President Donald Trump’s tariff policies and global risk aversion has led to heavy liquidations across digital assets.

Even so, 2025 has marked a pivotal year for corporate Bitcoin adoption, with 194 public companies now holding BTC on their balance sheets, according to Bitcoin Treasuries data.

Other major holders include Marathon Digital (MARA), Twenty One, Metaplanet, and Riot Platforms, all of which have added to their reserves amid growing regulatory clarity under the Trump administration.

 

Key takeaways

• ETH is down 1% in the last 24 hours and is now trading below $3,200.
• The coin could rally above $3,500 if the daily candle closes above $3,100.

ETH approaches $3,200 as market takes a breather

The cryptocurrency market has been extremely bearish since the start of the month, with Bitcoin losing a key psychological level. Bitcoin dumped to a six-month low of $93k on Sunday, with altcoins also recording massive losses.

Ether, the second-largest cryptocurrency by market cap, is trading below $3,200 after retesting the $3k support level during the weekend. The coin has lost 11% of its value in the last seven days, signifying the third consecutive week of losses for the second-largest cryptocurrency by market cap.

Ether’s poor performance aligns with the broader crypto market, with liquidity tightening measures by the Federal Reserve affecting risk-based assets. However, analysts are confident that the crypto market will turn things around in the near term.

Derek Lim, research lead at Caladan, told The Block that,

In my opinion, the primary market driver remains liquidity. Liquidity is (and will be) temporarily tight as the U.S. government shutdown has kept the treasury general account elevated.

Ether’s performance over the next few days will likely depend on whether it continues to defend the $3k psychological and support level. 

Ethereum could recover if the $3k support level holds

The ETH/USD daily chart is bearish and efficient as Ether has underperformed over the last seven days. The coin faced rejection at the previous broken trendline around $3,592 last week and has lost 12% of its value since then. At press time, ETH is trading at $3,192 per coin. 

If the support level at $3,017 holds, Ether could continue its recovery and rally towards the key resistance level at $3,592. Similar to Bitcoin, Ether’s RSI is rebounding from oversold territory, indicating a fading bearish momentum. 

On the flip side, if Ether’s daily candle closes below $3,017, it could record further bearish performance and decline toward the next key support at $2,749.

Key takeaways

• XRP is down 11% in the last seven days and risks dropping below $2.0 soon.
• The bearish performance comes despite the recent launch of the spot XRP ETF.

XRP continues to underperform

XRP, the native coin of the Ripple ecosystem, faced intense selling pressure at key support levels in recent days, as the broader crypto market continues to underperform. 

The coin has lost 11% of its value over the last seven days. The decline comes amid a backdrop of mixed institutional signals and heightened macro uncertainty. The crypto market remains trapped in a medium-term downtrend, with sentiment currently in the fear zone amid growing volatility for Bitcoin and others. 

XRP’s price failed to react despite Canary Capital’s newly launched U.S. spot XRP ETF (XRPC) registering $58.6 million in first-day volume, surpassing the $17 million analysts had predicted.

Despite the strong start by the ETF, derivatives markets flashed stress signals, with XRP losing the $2.5 key support level. The bearish performance resulted in $28 million worth of XRP long positions being liquidated in the market over the last 48 hours. 

XRP could dip below $2.0 if the current support level fails

The XRP/USD daily chart is bullish and efficient despite XRP’s poor performance in recent weeks. The coin’s price faced rejection from the 50-day EMA at $2.49 last week and has lost 11% of its value since then. It is now trading above $2.27 per coin. 

If the recovery efforts intensify, XRP could rally towards the next major resistance level and 50-day EMA at $2.55. The RSI on the daily chart is 42, near its neutral level of 50, suggesting fading bearish momentum. The RSI will need to move above the neutral 50 for XRP to record a sustainable recovery. The MACD lines also remain within the bearish region, indicating that the sellers have not given up control of the market. 

However, if XRP continues its bearish correction, it could drop below the $2.0 psychological level and retest the next daily support at $1.96.

• MiCA currently lets companies gain cross-border access via a single national licence.
• National regulators and firms fear a loss of control and added bureaucracy.
• France, Austria and Italy have backed ESMA’s expanded role for large firms.

The European Commission is preparing to give the European Securities and Markets Authority sweeping powers over the crypto sector.

If approved, ESMA would become the sole body responsible for supervising all crypto asset service providers in the European Union, reported Bloomberg.

The proposal marks a significant change to how the bloc regulates digital assets, placing oversight in the hands of a central authority rather than relying on 27 national regulators.

This draft plan, expected to be announced next month, comes just months before the full implementation of the Markets in Cryptoassets Regulation.

MiCA, passed in 2023, is set to become the EU’s flagship framework for crypto regulation.

Under MiCA, companies currently only need a licence in one member state to operate across the bloc.

This structure has been the result of years of work by both regulators and firms.

MiCA faces uncertainty

MiCA was designed to provide legal clarity and consistency across the EU.

It allows firms to gain authorisation in a single country and use that to offer services in other EU states. This system is known as passporting.

The goal was to reduce fragmentation and streamline operations for businesses.

But the Commission’s new plan would override this process by giving ESMA direct responsibility for approving and monitoring all providers, regardless of where they are based.

The draft proposal suggests ESMA could delegate tasks back to national authorities when needed.

However, the central point of contact would still be ESMA. This change has raised concerns from those involved in the rollout of MiCA.

With the implementation window closing in 2024, firms and local regulators worry that shifting the framework now could cause delays and confusion.

Critics argue that restarting the discussion around MiCA could undermine legal certainty.

Others say that moving responsibilities to ESMA without enough resources could weaken enforcement.

The proposal still needs support from both the European Parliament and the Council of the EU before it becomes law.

Pushback from regulators

The Commission’s move has not gone unnoticed by crypto industry bodies. Many believe that local regulators are better equipped for day-to-day engagement with firms.

Blockchain for Europe, an industry group, has warned that centralising control at this stage would divert attention from the task of getting MiCA running smoothly.

Some consultants have also pointed out that ESMA would require more staff and funding to take on such a role.

National authorities have already invested heavily in building teams and expertise to meet MiCA’s demands.

Replacing that with a central process could result in delays in licensing and supervision.

ESMA chair Verena Ross said earlier this year that the current structure, with 27 separate supervisors preparing for the same task, may not be the most efficient model.

France backs centralised model

France, along with EU institutions, has pushed hardest for expanding ESMA’s powers.

In September, regulators from France, Austria and Italy called for ESMA to supervise major crypto firms directly, while smaller companies could remain under national watch.

This idea would create a two-tier system and offer a compromise between full centralisation and local control.

The proposal is part of a wider trend in the EU to centralise financial oversight.

Brussels has also suggested giving ESMA control over clearing houses, trading venues, and depositories.

However, some countries have resisted, arguing that giving up national control could create unnecessary bureaucracy and reduce flexibility.

The urgency of reform increased in July when ESMA raised concerns about Malta’s crypto licensing practices.

The Maltese regulator had issued MiCA approvals to several firms, prompting questions about consistency and due diligence across the EU.

This incident added weight to the argument for a more unified supervisory model.

As the Commission finalises its proposal, the crypto sector remains on edge.

Businesses are waiting to see whether their licensing and regulatory future will remain at the national level or shift entirely to an EU-wide body.