How Pi Network’s 50M nodes could reshape the future of decentralized AI

The likelihood of a Federal Reserve rate cut in December has dropped to 33%, down from 67% at the beginning of November, coinciding with a decline in Bitcoin's price below $89,000. This shift reflects a significant change in investor sentiment and market dynamics.

The 21shares Solana exchange-traded fund (TSOL) has launched with over $100 million in assets under management, indicating strong investor interest despite a challenging market environment. This debut comes at a time when the cryptocurrency sector is experiencing volatility, particularly with Solana's recent price fluctuations.

Pi Network has announced its full compliance with the European Union's Markets in Crypto-Assets (MiCA) regulation. This compliance could facilitate the trading of its PI token on regulated exchanges within the EU and the European Economic Area, marking a significant step for the cryptocurrency platform.

Bullish reported record revenue and profit for the third quarter; however, this strong performance did not positively impact investor sentiment, as the company's share price continued to decline.

Bitcoin is currently experiencing its largest correction of the bull market, with analysts indicating that the price is nearing a critical capitulation zone. This decline has raised concerns among investors, but some view it as a potential buying opportunity.

Crypto exchange Kraken has successfully raised $800 million through two funding rounds, elevating its valuation to $20 billion. This significant financial boost is expected to support Kraken's expansion plans in the competitive cryptocurrency market.

Bitcoin has historically shown average gains in November; however, analysts caution that these figures may be 'skewed.' A crypto executive advises market participants to be cautious in relying on these statistics, suggesting that they may not accurately reflect the true market conditions.

Bitcoin has recently shown weakness, reflecting broader economic stress. However, improving liquidity conditions and a positive outlook from investors for 2026 may pave the way for a potential recovery. Analysts are closely monitoring market dynamics as Bitcoin's price fluctuates amid macroeconomic uncertainties.