Santiment: BTC social discussion hits a 4-month high, significantly increasing the probability of a market reversal.

- Michael Saylor of MicroStrategy (MSTR) defends Bitcoin-centric strategy despite 41% stock decline, claiming resilience against 80% drawdowns. - MSCI's proposed index exclusion rule (for crypto-heavy firms) threatens $8.8B in losses for MSTR , which holds 90% Bitcoin on its balance sheet. - Bitcoin treasury sector faces "player-versus-player" selloff, with 26/168 firms trading below reserves and peers like Metaplanet launching buyback facilities. - Saylor envisions $1T Bitcoin balance sheet for financial

- U.S. government shutdown in late 2025 caused $11B economic loss, disrupted critical data collection for CPI and employment reports. - Treasury Secretary Bessent highlighted recession risks in rate-sensitive sectors but emphasized services-driven inflation, not Trump trade policies. - "One Big, Beautiful Bill" tax cuts aim to boost incomes, with analysts projecting 0.4pp growth boost despite Fed rate constraints. - Shutdown intensified calls for congressional reform to end gridlock, as prediction markets

- Franklin Templeton and Grayscale's XRP ETFs cleared NYSE Arca approval, set for Nov 24 launch, marking institutional adoption of digital assets. - XRPZ ETF (0.19% fee) and Grayscale's entry boost institutional credibility, with XRP rising 5% amid 26% higher trading volume. - Analysts project 465% XRP price potential by 2028 via ETF-driven demand, though BlackRock's potential entry could strain XRP's 60B token supply. - Regulatory clarity and pro-crypto policies, including the Genius Act, reinforce invest

- FG Nexus sold $32.7M in ETH to repurchase 8% of shares amid 94% stock price drop, reflecting DAT sector struggles with NAV discounts. - Industry-wide $4-6B in forced crypto liquidations by DATs highlights systemic risks as debt rises and liquidity tightens across firms like ETHZilla and AVAX One . - Analysts warn debt accumulation and stalled corporate buying could worsen instability, while companies pivot to tokenization to address declining investor appetite. - Market skepticism persists as FG Nexus tr