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Plus: Bitcoin slips to $88K

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GM. Crypto updates spill everywhere sometimes. Kind of like eating a pomegranate while wearing a white shirt.

Let's pick out the seeds that matter and keep it clean:

🍍 Tension rises;

🛠️ Bitcoin Core passes big test;

🍋 Coinbase launches DeFi in Brazil, HSBC plans tokenized deposits in US/UAE + more

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🍍 Market flavor today

Fear and Greed Index
Find out more about the Fear & Greed Index here.

 Crypto Market Cap: $3.09T -0.19% (24H)
  Name   Price 24H 7D
Bitcoin Bitcoin BTC $88,844.51 -1.37% -12.18%
Ethereum Ethereum ETH $2,903.33 -2.28% -14.21%
XRP XRP XRP $2.04 -2.83% -15.96%
BNB BNB BNB $882.64 -1.55% -7.90%
Solana Solana SOL $133.75 -0.46% -12.03%
Prices as of 11:00 AM EST. Click here to see live data.

We're in a kind of mood where traders aren't sure whether to laugh, cry, or just close the app and hope for the best.

So, what happened? Bitcoin slipped to about $88.5K - its seven-month low - and the market tensed up.

Not because it was a huge move (it wasn't), but because it was another reminder of how much air has leaked out since the $120K highs a few months back.

Every new low adds a little doubt, and this one definitely did.

Bitcoin price chart from BitDegree, 11-20

Source: BitDegree

Then… nothing dramatic happened.

BTC didn't collapse into the 80s. It didn't rocket higher either. It just hovered back into the $90K - $91K range and sat there like someone who tripped, caught themselves, and decided to stay still so nobody asks questions.

That stabilizing move wasn't strength, though; it was more like an absence of follow-through selling.

Basically, the vibe is: nobody's celebrating. Nobody's capitulating. The big debate - "Is this actually a bear?" - is louder, but the past day didn't answer that.

All we learned is that the market isn't out of control. It's not confident... but it’s not unraveling either.

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🥝 Memecoin harvest

Charts pumping like they found pre-workout in the fridge 💥🏋️

Data as of 09:34 AM EST.

Check out these memecoins and plenty more here.

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🛠️ Bitcoin Core passes big test

You know that one beat-up Toyota from the '90s that refuses to die? The paint's faded, the radio only gets two stations, and the AC makes a noise like a haunted blender - but turn the key, and it starts every. single. time.

That's Bitcoin Core.

Not the shiny new thing. Not the trendy altcoin with neon marketing. Just the rock-solid software that's been running the entire Bitcoin network since day one.

... And it just got its first-ever full independent security audit.

Quarkslab (a French cybersecurity firm that usually works with governments, defense contractors, and big companies) spent 100+ days combing through its code.

We're talking about inspecting 200,000+ lines of C++ that have been built, rebuilt, and optimized for over a decade.

They cracked open the hood, checked the networking code, the mempool, the consensus engine, the peer-to-peer wiring - every dusty corner.

Bitcoin Core audit identifies only two low‑severity issues. Source: Quarkslab

Source: Quarkslab

And after all that?

No major issues. Just two tiny recommendations.

That's rare.

Like... really rare.

Big tech companies spend billions on security and still get wrecked. Bitcoin Core runs on volunteer contributions and open-source review - and just got a near-perfect grade from outside experts.

This is why Bitcoiners trust the system even though nobody owns it.

So, Bitcoin Core may not look like much on the surface.

But under the hood?

It's the old engine that refuses to quit - and now it's got paperwork proving it.

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🍋 News drops you can't miss

🛒 Coinbase's DeFi Mullet is about to launch in Brazil, so users can trade a bunch of tokens without ever leaving the Coinbase app. No more flipping between platforms - everything's in one place now.

🏦 HSBC's rolling out a tokenized deposit service for businesses in the US and UAE, aiming for the first half of 2026. Bank deposits will be turned into digital tokens on blockchain, making things a lot more up-to-date.

💸 Bitcoin ATMs branded 'Bankless Bitcoin' just popped up in Nairobi malls, so Kenya's new crypto law is getting put to the test right away. You'll spot these machines right next to regular bank booths - crypto's going mainstream for real.

👔 Michael Selig from the SEC got grilled by the Senate Agriculture Committee about his stance on crypto rules. They wanted to see if he's ready to run the CFTC and maybe take over from Caroline Pham as chair.

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🍌 Juicy memes

Meme about exaggerated expectations in crypto market predictions.

Source: @naiivememe

Meme about the absurdity of money and perceptions of value.

Source: @dubzyxbt

Meme about optimism and hope during challenging times in the cryptocurrency market.

Source: @0xgaut

Gode S. Web3 Market Analyst
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture & digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
Gode’s passions include working and communicating with people, and when she’s not researching Web3 news, she spends her time traveling and watching true crime documentaries.

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