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Bank of England deputy governor Sarah Breeden has backed the central bank’s proposed rules for stablecoins, some of which the local crypto industry had criticized.

Canary Capital’s XRP ETF is set to be the first US-based fund to directly hold the token, following the company’s key SEC filing that could see it launch on Thursday.

SoFi CEO Anthony Noto says the bank also plans to introduce a stablecoin called SoFi USD and views blockchain and crypto as a “super cycle technology.”

Binance has launched a mock trading feature designed to significantly lower the barrier to entry for all crypto users. Risk-Free Learning Environment The leading cryptocurrency exchange, Binance, has unveiled a feature that simulates an actual trading environment to significantly lower the barrier to entry for cryptocurrency users of all skill levels. Known as Binance Demo […]

Follow up to the hour updates on what is happening in crypto today, November 12. Market movements, crypto news, and more!
The post [LIVE] Crypto News Today: Latest Updates for Nov. 12, 2025 – Crypto Market Slumps as AI Tokens Lead 6% Sector Drop; Bitcoin Dips Below $104K appeared first on Cryptonews.

Amid the recent market volatility, SUI is attempting to hold a key level as support following its breakout from a local resistance. Some analysts have suggested that if momentum holds, the altcoin could be preparing for a 50% rally to the next major resistance. Related Reading: Ethereum (ETH) Reclaims $3,500 Amid Market Rebound, Analysts Forecast December Take-Off SUI Recovers Major Support Zone On Tuesday, SUI retested a crucial area as support after recovering from the recent market crash and breaking out of a one-month downtrend line. The altcoin traded between $2.30-$3.00 after the October 10 correction, when the cryptocurrency briefly crashed by over 87% to $0.50. However, the early November pullback sent the price below the local range and to seven-month low le...

XRP price started a decent increase above $2.50. The price is now correcting some gains might aim for another increase if it stays above the $2.320 level. XRP price started a downside correction from the $2.580 zone. The price is now trading near $2.40 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $2.440 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.50. XRP Price Trims Some Gains XRP price started a decent upward move above $2.420 and $2.50, like Bitcoin and Ethereum. The price gained pace for a clear move above the $2.550 resistance. A high was formed at $2.580 and the price started a downside correction. There was a move below the ...