Hanging in There: Crypto Daybook Americas

Nvidia reported earnings that exceeded expectations, leading to a positive outlook that calmed jittery markets. Following this announcement, Bitcoin's price rebounded, reclaiming the $90,000 mark. The strong performance of Nvidia's data center revenue contributed significantly to this recovery in the cryptocurrency market.

DeFi giant Spark has decided to halt its plans for a cryptocurrency application, shifting its focus towards developing institutional infrastructure. This strategic pivot indicates a response to the current market conditions and investor sentiment, which have been marked by volatility and uncertainty.

Selig, nominated by Trump to lead the Commodity Futures Trading Commission (CFTC), emphasized the importance of cryptocurrency as a 'critical mission' for the agency during a Senate hearing. He highlighted the need for regulatory clarity to foster innovation in the crypto space while ensuring consumer protection. Selig's appointment comes amid increasing scrutiny of the cryptocurrency market and calls for comprehensive regulations.

New Hampshire is preparing to initiate its first state-backed Bitcoin bond effort, awaiting a buyer for a proposed $100 million municipal bond. This initiative aims to integrate Bitcoin into traditional finance, potentially reshaping municipal funding strategies.

Crypto leverage reached a record high in the third quarter of 2025, as decentralized finance (DeFi) continues to reshape the market structure, according to a report by Galaxy. This surge in leverage indicates a growing confidence among traders in the cryptocurrency market, despite ongoing volatility. The increasing dominance of DeFi platforms is influencing trading strategies and market dynamics.

The article discusses the necessity for AI agents to possess a distinct identity, proposing that Zero-Knowledge Proofs (ZKPs) can provide a solution. ZKPs allow for the verification of information without revealing the underlying data, which is crucial for maintaining privacy and security in AI interactions. This development is particularly relevant in the context of cryptocurrency, where identity verification is essential.

Bitcoin's price has fallen below $90,000 for the first time in seven months, marking a significant correction in the cryptocurrency market. This decline, noted by K33, ranks among the worst corrections since 2017. The current trading price is approximately 25% lower than its all-time high of over $126,000 reached in October 2025.

Stella's XLM token has broken through the critical support level of $0.25, indicating a continued downtrend for altcoins in the cryptocurrency market. This decline reflects broader negative sentiment affecting various digital assets, raising concerns among investors about the future performance of XLM and similar cryptocurrencies.