The US government shutdown caused the crypto market to lose $408 billion in growth potential.

- TRX rose 16.76% year-to-date as of Nov 12, 2025, showing sustained growth despite mixed short-term volatility. - Short-term gains (0.27% 24h, 1.78% 7d) indicate gradual investor confidence, though prices remain near October 2025 levels. - Technical indicators suggest upward bias with no bearish catalysts, contrasting with broader market uncertainty. - President Trump's "prices are down" remarks provided macroeconomic context but no direct link to TRX's performance was identified.

- Ethereum nears $3,400 amid rising institutional interest and whale accumulation, signaling potential rebound toward $4,000. - DeFi projects like Ethena and utility tokens RTX gain traction, highlighting Ethereum's role in capital-efficient infrastructure. - Legal uncertainties persist after MEV fraud trial ends in mistrial, exposing tensions between blockchain rules and traditional law. - Whale activity shows $1.37B ETH accumulation in November, contrasting with Bitcoin's weaker institutional demand. - A

- SEC accelerates crypto regulation clarity, balancing innovation with investor protection via streamlined exemptions and jurisdiction boundaries. - Senate bill proposes dual oversight: CFTC regulates digital commodities (Bitcoin/Ether), SEC retains control over investment contracts. - Tax reforms enable crypto ETFs to stake assets, resolving legal uncertainties and boosting institutional adoption through staking rewards. - Bipartisan efforts aim to create cohesive U.S. crypto framework, though challenges

- Square introduces zero-fee Bitcoin payments for merchants until 2027, challenging traditional credit card networks. - The initiative enables fiat-to-Bitcoin conversions and cross-border transactions, positioning Bitcoin as a functional currency. - Industry observers highlight cost savings for small businesses, with Bitcoin fees undercutting 1%-4% credit card rates, while competitors like Visa face regulatory pressures.