Forward Industries transferred 1,443,507 SOL valued at $201.34 million to Coinbase Prime on November 18, Onchain Lens data show. The transaction occurred three hours prior to the report, though the purpose remains unconfirmed. Forward Industries (NASDAQ: FWDI, formerly FORD) holds approximately 6.91 million SOL as of its November 15, 2025 treasury update, representing over 1.25% of Solana's total circulating supply and significantly exceeding other publicly-traded Solana treasury firms including Upexi with roughly 2 million SOL and DeFi Development Corp. with approximately 1 million SOL.

The U.S. Treasury Department submitted a proposal to the White House on Friday regarding America's participation in an international crypto tax reporting framework, Decrypt reports. The proposal would authorize the Internal Revenue Service to access key information on U.S. citizens' overseas crypto accounts and implement taxation. The framework is the Crypto-Asset Reporting Framework established by the OECD in 2022, which requires member countries to automatically share citizens' crypto asset information to combat cross-border tax evasion. G7 nations including Japan, Germany, France, Canada, Italy, and the United Kingdom, along with crypto hubs such as the UAE, Singapore, and the Bahamas, have signed the agreement, with global rollout scheduled to officially commence in 2027.

The U.S. Securities and Exchange Commission is entering a critical 12-month regulatory period as it advances crypto rulemaking under Chairman Paul Atkins, TD Cowen analysts led by Jaret Seiberg said. The SEC must begin publishing proposals within coming months to finalize rules by 2027, given the two-year maximum timeline from proposal to completion, Seiberg noted. Last week, Atkins unveiled a token classification framework designed to define when digital assets should be categorized as securities. The analysts expect Atkins to focus on tokenized equity assets, with anticipated exemptive relief for online brokerages and crypto platforms to facilitate tokenized equity operations.

Coinglass data show cumulative long position liquidation intensity across major centralized exchanges would reach $848 million if Bitcoin drops to $92,000, as of November 18. Short position liquidation intensity would hit $491 million should Bitcoin break above $95,000. The liquidation chart indicates relative strength between liquidation clusters rather than precise contract counts or values, with higher bars signaling stronger potential market reactions due to liquidity waves at specific price levels.

Ethereum fell below $3,100 on Nov. 18, trading at $3,094, HTX market data show. The drop marks a notable price movement for the second-largest cryptocurrency by market capitalization.

Crypto data platform DappRadar announced on Nov. 17 via social media it will close operations, stating financial sustainability has become unattainable at its current scale. The platform, which launched in 2018 inspired by CryptoKitties, served millions of users in discovering decentralized applications and partnered with hundreds of blockchains and thousands of developers. The shutdown process will include ceasing blockchain and dApp data tracking, with services to be gradually discontinued. Future arrangements for the DAO and RADAR token will be communicated through standard DAO channels, with key decisions pending and community input anticipated.

Bitcoin fell below $94,000 on Nov. 17, erasing all gains recorded after U.S. stock markets opened, HTX market data show. The cryptocurrency was trading at $93,865 at the time of reporting. Earlier in the session, Bitcoin had surged 2% within five minutes of the U.S. market open, briefly exceeding $96,000.

The Chicago Board Options Exchange will launch continuous futures contracts for Bitcoin and Ethereum on Dec. 15, Bloomberg reports. The new products will expand CBOE's cryptocurrency derivatives offerings.