DownDetector: User reports indicate issues with social media platform "X"

- Bitcoin triggered a "death cross" on Nov. 16, falling below key moving averages to $80,500, erasing 2025 gains and causing $1B+ liquidations. - Analysts split between bearish signals (historical 60-70% declines post-2018/2022) and skepticism about outdated technical indicators. - Short-term holders drove $800M+ weekly losses (2022 levels), contrasting long-term holders' calm amid deteriorating market structure. - Price must reclaim $100,000 within days to invalidate bear case, with potential 2026 bottom

- Brazil plans to extend its IOF tax to cross-border stablecoin transfers by 2025, aiming to close regulatory gaps and recover $30B in lost customs revenue from under-declared imports. - Stablecoins dominate Brazil's crypto market (67% USDT volume), with officials warning of money laundering risks as digital assets increasingly replace Bitcoin for payments. - The move aligns with global standards like OECD's CARF framework and introduces $7M+ capital requirements for crypto firms, raising concerns about st