The risk of another government shutdown under the Trump administration remains high. Congress is required to pass 12 appropriations bills each year, but the recently approved funding measure covers only three, leaving nine budgets unresolved. The bill signed by President Donald Trump is a short-term stopgap that expires in January next year, raising the likelihood of renewed fiscal standoffs. Reports suggest Trump is frustrated with the temporary nature of the deal, signaling potential political clashes ahead.

SEC Chairman Paul Atkins has unveiled “Project Crypto”, signaling a major shift in how the U.S. regulates digital assets. The initiative could see the SEC share power with the CFTC, which oversees commodities like gold and oil. Atkins emphasized that tokens which have matured or operate independently shouldn’t be treated as securities. If implemented, the policy could place $XRP under CFTC jurisdiction, removing the final regulatory shadow over Ripple’s ecosystem and redefining U.S. crypto oversight.

Exchange supplies of Bitcoin ($BTC ($103,091.00)) and Ethereum ($ETH ($3,510.30)) continue to decline, signaling strong accumulation trends. Roughly 1.5% of BTC and 18% of ETH have moved off exchanges, with much of the flow heading into ETFs and institutional custody. The ongoing supply drain reduces liquid availability, reinforcing long-term demand strength and creating a tighter market structure that could amplify future price moves.

$9.3 trillion asset manager Vanguard is reportedly considering offering Bitcoin and other crypto investment products to its clients. The move would mark a major shift for one of the world’s largest traditional investment firms and signal growing institutional acceptance of digital assets. If finalized, Vanguard’s entry could open crypto exposure to millions of conservative investors — proving once again: you’re still early.

Bitcoin ($BTC) may be forming a head-and-shoulders pattern, a classic bearish setup. Analysts note that a rebound toward $112,000 could create the right shoulder, followed by a drop to the $100,000 neckline. A confirmed breakdown below that level could open the path toward $83,000, signaling a potential trend reversal after recent gains. Traders are closely watching key resistance and support zones for confirmation of this pattern.

President Donald Trump has signed the bill ending the record 43-day US government shutdown, restoring federal operations — but data visibility remains limited. The September jobs report may be released this week or early next, as it was nearly completed before the shutdown. However, October employment and inflation data (CPI, PPI, PCE) face major delays or possible cancellation due to collection gaps. The Fed’s December 9–10 meeting will now rely heavily on November data, while the BLS prepares a revised release calendar.

Taiwan’s Executive Yuan and central bank are evaluating a proposal to include Bitcoin in the nation’s strategic reserves. The plan would pilot with seized BTC marked “to be auctioned” and introduce a more crypto-friendly regulatory framework. Led by legislator Ko Chih-en and backed by JAN3 CEO Samson Mow, the initiative aims to position Bitcoin as a complementary reserve asset to strengthen financial resilience. Taiwan currently holds 423 tons of gold and USD 577 billion in foreign reserves.

The Pi Blockchain Testnet upgrade to Protocol Version 23 is progressing smoothly, showing a consistently low failure rate even under high transaction volumes. This stability signals that the next stage — Testnet2’s upgrade to Version 23 — is close to launch. Once that phase is completed successfully, the long-awaited Mainnet upgrade will follow, marking a major milestone in Pi Network’s transition toward full blockchain deployment.

A suspected $30 million manipulation rocked Hyperliquid after an unknown trader withdrew $3M USDC ($1.00) from OKX, split it across 19 wallets, and opened massive $POPCAT longs. A fake $30M buy wall at $0.21 lured traders before being removed, causing instant liquidations. The trader lost all collateral, while Hyperliquid’s HLP system absorbed $4.9M in losses. The exchange paused its Arbitrum bridge to stabilize markets, sparking concerns of a possible coordinated attack its third major incident this year.

Massive ETF inflows are reshaping markets — not just signaling optimism. Over $13 billion poured in a single day, $40 billion in five, and $1.16 trillion so far this year into index funds like VOO and IVV, plus another $500 million into Bitcoin ETFs — largely driven by baby boomers with record savings. Despite narratives of a fragile economy, capital is consolidating into passive vehicles that move prices before fundamentals. For those under 40, the message is stark: own the rails or be ridden by them — broad ETFs for the system, Bitcoin for the exit, and independent research to stay free.

Legal expert Bill Morgan noted that while human-created digital assets aren’t truly commodities, the US has found it convenient to regulate them as such — a direction current legislation seems to be taking. This would give Bitcoin de jure legal clarity matching its de facto status. Referring to SEC v. Ripple, Morgan added that Judge Torres only ruled XRP is not a security, but its nature aligns more with a commodity — a view new US laws could soon formalize.

The longest government shutdown in US history has officially ended after 43 days. The House approved the funding bill in a 222–209 vote, restoring federal operations and pay for thousands of employees. President Donald Trump signed the measure into law from the Oval Office at 9:45 PM ET, bringing relief to government workers and reopening critical services across the country.