TAO falls below $360

- Zerodha Kite's unconfirmed 2025 IPO status raises investor uncertainty amid mixed FY25 financial results showing 22.9% profit decline but strong liquidity reserves. - Brokerage revenue dropped 40% Q2 2025 due to industry-wide slowdown, highlighting Zerodha's vulnerability to macroeconomic shifts and regulatory pressures. - Crypto market volatility (e.g., MSTR's 60% share drop) underscores indirect risks for Zerodha if expanding into crypto trading or facing regulatory scrutiny in this space. - Long-term

- A hobbyist Bitcoin miner using a 6 TH/s setup defied 1-in-180 million odds to earn $265,000 via CKpool's solo mining platform. - The win marked CKpool's 308th solo block since 2014, with the miner's hash rate representing 0.0000007% of Bitcoin's 855 EH/s network. - The achievement highlights Bitcoin's decentralization, as solo miners maintain security despite industrial dominance and bear market conditions. - CKpool's 2% fee model allows solo miners to retain nearly full block rewards, contrasting with t

- BlackRock's IBIT Bitcoin ETF recorded a $523M single-day outflow on Nov 19, marking its fifth consecutive day of redemptions totaling $2.1B this month. - Bitcoin fell below $90,000 (-30% from October peak) as ETF outflows and macroeconomic uncertainty triggered institutional risk mitigation strategies. - Analysts cite profit-taking, Fed policy uncertainty, and weak macro signals as drivers, with Bitcoin ETFs accounting for 70% of $3.79B in U.S. crypto ETF outflows. - While Ethereum and altcoins like Sola