Cryptocurrency News 3 November 2025 - 6 November 2025

At a glance: XRP is trading around $2.35 today after whipsaw moves between $2.09–$2.36 intraday. The session has been dominated by Ripple’s blockbuster $500M round at a $40B valuation and broader risk-off swings across crypto. Today’s top XRP drivers (Nov. 5, 2025) Live price snapshot What changed for XRP today—and why it matters 1) A landmark funding round without an immediate price pop.Ripple’s $500M strategic investment—valuing the company at $40B—is one of the year’s largest private raises in crypto and signals deepening institutional interest in on-chain payments, custody and stablecoin infrastructure. Yet, as of press time, XRP itself is flat-to-marginally

Key facts (updated Nov. 5, 2025) What happened — and what the president said On Oct. 23, the White House announced a pardon for Binance founder Changpeng “CZ” Zhao, who pleaded guilty in 2023 to failing to maintain an effective anti‑money‑laundering program and served four months in prison. Press Secretary Karoline Leavitt called it part of ending the prior administration’s “war on cryptocurrency.” Zhao, for his part, said he was “deeply grateful” and pledged to help make the U.S. the “Capital of Crypto.” Reuters Two weeks later, in a Nov. 3 interview with CBS News, Trump downplayed any personal connection

Romania Blacklists Polymarket Over $600M Election Betting Boom In late October 2025, Romanian authorities took aim at Polymarket after an unprecedented frenzy of crypto betting during the country’s elections. According to ONJN – Romania’s National Gambling Office – Polymarket facilitated roughly $600 million worth of wagers on Romania’s presidential race, plus another $15 million on Bucharest’s local electionsreadwrite.com. The platform allowed users to bet on election outcomes using cryptocurrency, a practice the regulator squarely categorizes as illegal gambling without a Romanian licensereadwrite.comreadwrite.com. ONJN officially added Polymarket.com to its blacklist of unauthorized gambling sites on October 29threadwrite.com. This means internet providers

Pi’s Price Plunge and Recent Sideways Trade Launched with enormous buzz, Pi Network’s coin saw a spectacular rise and fall. After peaking near $3 earlier this year, PI entered a steady downtrend amid skepticism about its limited exchange listings and uncertain utilitybanklesstimes.com. By mid-October, it hit rock-bottom around $0.1515–$0.1540banklesstimes.com, transforming Pi into “one of the top fallen angels in crypto” according to analystsbanklesstimes.com. This collapse wiped out billions in value and highlighted concerns from oversupply (large token unlocks) to lack of transparency and centralization issues in the projectbanklesstimes.com. Late October brought a spark of relief. Pi’s price staged a rebound