Why Wall Street is blocking Strategy’s S&P 500 entry — even with its $56B Bitcoin empire

Strategy Inc. (formerly MicroStrategy) spent 2025 building the largest corporate Bitcoin reserve the public markets have ever financed, but the scale of that ambition ended up colliding with the logic of its own stock. What began as an aggressive accumulation strategy, powered by the company’s appetite for leverage and a willingness to dilute existing shareholders, [.] The post Why Wall Street is blocking Strategy’s S&P 500 entry even with its $56B Bitcoin empire appeared first on CryptoSlate.

XRP Price Spikes Over 10% With Traders Rushing Back Into the Rally

XRP price started a steady increase above $2. 20. The price is now consolidating gains and might aim for another increase if it stays above the $2. 180 level. XRP price started a fresh increase above the $2. 120 zone. The price is now trading above $2. 20 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2. 00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2. 280. XRP Price Gains Momentum XRP price started a decent upward move above $2. 020 and $2. 050, beating Bitcoin and Ethereum. The price gained pace for a clear move above the $2. 120 resistance. Besides, there was a break above a key bearish trend line with resistance at $2. 00 on the hourly chart of the XRP/USD pair. The pair even surpassed the $2. 20 barrier. A high was formed at $2. 286 and the price started a consolidation phase above the 23. 6% Fib retracement level of the upward move from the $1. 817 swing low to the $2. 286 high. The price is now trading above $2. 20 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2. 280 level. The first major resistance is near the $2. 320 level, above which the price could rise and test $2. 350. A clear move above the $2. 350 resistance might send the price toward the $2. 4620 resistance. Any more gains might send the price toward the $2. 50 resistance. The next major hurdle for the bulls might be near $2. 550. Another Decline? If XRP fails to clear the $2. 280 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2. 180 level. The next major support is near the $2. 080 level. If there is a downside break and a close below the $2. 080 level, the price might continue to decline toward $2. 050 and the 50% Fib retracement level of the upward move from the $1. 817 swing low to the $2. 286 high. The next major support sits near the $2. 020 zone, below which the price could continue lower toward $1. 9250. Technical Indicators Hourly MACD The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) The RSI for XRP/USD is now above the 50 level. Major Support Levels $2. 180 and $2. 080. Major Resistance Levels $2. 280 and $2. 320.

Fobi AI Announces Appointment of New Auditor

VANCOUVER, BC, Nov. 18, 2025 (GLOBE NEWSWIRE) — Fobi AI Inc. (FOBI: TSXV) (FOBIF: OTCQB) (the “Company” or “Fobi”), an industry leader in harnessing AI and data intelligence to enable digital transformation, announces that it has changed its auditors from MNP LLP (“Former Auditor”) to Can Partners LLP (“Successor Auditor”) effective November 17, 2025. The Former Auditor resigned as the auditor of the Company and the Board of Directors of the Company appointed the Successor Auditor as the new Auditor effective November 17, 2025, until the close of the Company’s next Annual General Meeting and to perform the audit of the annual financial statements of the Company for the financial year ended June 30, 2025. There were no reservations in the Former Auditor’s audit reports for any financial period during which the Former Auditor was the Company’s auditor. There are no “reportable events” (as the term is defined in National Instrument 51-102 Continuous Disclosure Obligations) between the Company and the Former Auditor. In accordance with National Instrument 51-102, the Notice of Change of Auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Company’s Audit Committee and will be filed on SEDAR+ accordingly.

Devendra Fadnavis and Tiger Shroff unite to kick-start Maharashtra’s ‘Maha-Deva’ football revolution

Deputy Chief Minister Devendra Fadnavis presided over the signing of an MoU between the School Education & Sports Department of Maharashtra and the Maharashtra Institution for Transformation (MITRA), aimed at advancing the state’s Maha-Deva football initiative. Actor Tiger Shroff attended the event to show his support for the programme, which focuses on strengthening grassroots football across the state. The Maha-Deva initiative focused on upgrading sports infrastructure, improving training systems, and identifying young football talent in schools throughout Maharashtra. Tiger Shroff’s involvement added youth appeal and athletic credibility to the government-driven effort, which emphasised discipline, participation, and structured skill development. Tiger’s presence at the MoU signing aligned with his ongoing work in fitness and youth-focused campaigns, reinforcing the programme’s aim to build broader access to sports and a stronger football culture among students. Through this collaboration, the Government of Maharashtra continued to advance its vision of building a more robust football ecosystem, supported by institutional planning and public figures who help motivate young athletes across the state. Also Read: MEGA EXCLUSIVE: Tiger Shroff to headline Neerja director Ram Madhvani and Mahaveer Jain’s grand, SPIRITUAL action thriller designed for a global audience.

Bitcoin Sell-Off Continues — Downside Momentum Builds Across Crypto Market

Bitcoin price is gaining bearish pace below $108,800. BTC could continue to move down if it stays below the $109,500 resistance. Bitcoin started a fresh decline below the $109,000 support. The price is trading below $108,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $109,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $105,000 zone. Bitcoin Price Dips Further Bitcoin price failed to stay above the $110,000 support level and started a fresh decline. BTC dipped below $109,000 and $108,800 to enter a bearish zone. The decline was such that the price traded below the 76. 4% Fib retracement level of the upward move from the $106,310 swing low to the $111,000 high. Besides, there is a bearish trend line forming with resistance at $109,400 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $108,000 and the 100 hourly Simple moving average. BTC tested the 1. 236 Fib extension level of the upward move from the $106,310 swing low to the $111,000 high. If the bulls attempt a recovery wave, the price could face resistance near the $108,200 level. The first key resistance is near the $108,800 level. The next resistance could be $109,500 and the trend line. A close above the $109,500 resistance might send the price further higher. In the stated case, the price could rise and test the $110,000 resistance. Any more gains might send the price toward the $111,500 level. The next barrier for the bulls could be $112,000 and $112,500. More Losses In BTC? If Bitcoin fails to rise above the $108,800 resistance zone, it could continue to move down. Immediate support is near the $106,200 level. The first major support is near the $105,500 level. The next support is now near the $105,000 zone. Any more losses might send the price toward the $104,200 support in the near term. The main support sits at $103,500, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) The RSI for BTC/USD is now below the 50 level. Major Support Levels $106,200, followed by $105,500. Major Resistance Levels $108,800 and $109,500.

Bitplanet Launches $40M Bitcoin Accumulation Plan Amid Corporate Rebrand

The post Bitplanet Launches $40M Bitcocom. Bitcoin In a move that signals the start of a new era for South Korean finance, Bitplanet has become the country’s first publicly traded firm to add Bitcoin to its corporate reserves. The company confirmed the purchase of 93 BTC, marking the opening stage of a far larger plan to integrate Bitcoin into its treasury operations. The acquisition, valued in the millions, is only the first step in what the firm describes as an “ongoing daily accumulation program”-a strategy that will eventually see Bitplanet holding up to 10, 000 BTC. The plan is being supported by Metaplanet CEO Simon Gerovich and Sora Ventures, both known for their work in institutional crypto expansion. From Cybersecurity Roots to Digital Treasury Pioneer Bitplanet’s transformation is striking. Once known as SGA Co., a company specializing in cybersecurity and IT infrastructure, it has now rebranded and shifted its focus toward building a Bitcoin-focused financial model. The firm says this evolution is part of a long-term vision to modernize its corporate structure and adapt to the realities of a digital economy. For the past month, @Bitplanet_KR has been quietly building the most reliable and compliant Bitcoin treasury infrastructure in Korea culminating in becoming the first public company to purchase Bitcoin directly through a licensed domestic crypto exchange. As of October 26,. pic. twitter. com/hEmpvh9fUL Bitplanet Inc. (@Bitplanet_KR) October 26, 2025 According to Co-CEO Paul Lee, the transition was not a sudden pivot but a carefully executed strategy built on transparency and risk control. “Our treasury plan operates under the same financial oversight expected of any listed company,” he said, adding that all transactions are conducted through systems monitored by the Financial Services Commission (FSC). Lee also revealed that the company had already begun its purchasing phase quietly, testing operational systems and reporting mechanisms for two weeks before.

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