Crypto News Today [Live] Updates On November 13,2025

Taiwan’s Executive Yuan and central bank are evaluating a proposal to include Bitcoin in the nation’s strategic reserves. The plan would pilot with seized BTC marked “to be auctioned” and introduce a more crypto-friendly regulatory framework. Led by legislator Ko Chih-en and backed by JAN3 CEO Samson Mow, the initiative aims to position Bitcoin as a complementary reserve asset to strengthen financial resilience. Taiwan currently holds 423 tons of gold and USD 577 billion in foreign reserves.

The Pi Blockchain Testnet upgrade to Protocol Version 23 is progressing smoothly, showing a consistently low failure rate even under high transaction volumes. This stability signals that the next stage — Testnet2’s upgrade to Version 23 — is close to launch. Once that phase is completed successfully, the long-awaited Mainnet upgrade will follow, marking a major milestone in Pi Network’s transition toward full blockchain deployment.

A suspected $30 million manipulation rocked Hyperliquid after an unknown trader withdrew $3M USDC from OKX, split it across 19 wallets, and opened massive $POPCAT longs. A fake $30M buy wall at $0.21 lured traders before being removed, causing instant liquidations. The trader lost all collateral, while Hyperliquid’s HLP system absorbed $4.9M in losses. The exchange paused its Arbitrum bridge to stabilize markets, sparking concerns of a possible coordinated attack its third major incident this year.

Massive ETF inflows are reshaping markets — not just signaling optimism. Over $13 billion poured in a single day, $40 billion in five, and $1.16 trillion so far this year into index funds like VOO and IVV, plus another $500 million into Bitcoin ETFs — largely driven by baby boomers with record savings. Despite narratives of a fragile economy, capital is consolidating into passive vehicles that move prices before fundamentals. For those under 40, the message is stark: own the rails or be ridden by them — broad ETFs for the system, Bitcoin for the exit, and independent research to stay free.

Legal expert Bill Morgan noted that while human-created digital assets aren’t truly commodities, the US has found it convenient to regulate them as such — a direction current legislation seems to be taking. This would give Bitcoin de jure legal clarity matching its de facto status. Referring to SEC v. Ripple, Morgan added that Judge Torres only ruled XRP is not a security, but its nature aligns more with a commodity — a view new US laws could soon formalize.

The longest government shutdown in US history has officially ended after 43 days. The House approved the funding bill in a 222–209 vote, restoring federal operations and pay for thousands of employees. President Donald Trump signed the measure into law from the Oval Office at 9:45 PM ET, bringing relief to government workers and reopening critical services across the country.