After last month’s early bull-trap, most cryptocurrencies are trading further from their yearly highs. Following a sudden shakeup to the crypto market in a flash crash, sentiment has become more cautious, as evidenced by significant corrections in major altcoins. We dive into the top five cryptocurrency stories for November and spot key technical levels for the major coins.
What are the top 5 stories in crypto since the start of November?
Financial Stability Board (FSB) watchdogs warn of gaps in cryptocurrency regulations
Despite being in a much better state than in previous years, regulations on cryptocurrencies are still subject to debate and big changes.
Global regulators are sounding the alarm over the lack of robust safeguards in the cryptocurrency market. The Financial Stability Board (FSB) warned this month that significant gaps in international cryptocurrency rules persist, leaving investors and financial systems vulnerable.1
Meanwhile, the global securities watchdog (IOSCO) highlighted that the rapid rise of tokenization is creating new layers of risk, from operational fragilities to obscure governance structures (are the tokenized assets well-backed?)2.
As digital assets gain traction as alternative stores of value, these warnings underscore a key reality: crypto’s long-term credibility will hinge not only on market demand, but on whether regulators can close these gaps before systemic risks emerge.
What if tokenization becomes a financial battleground between crypto firms and banks?
Tokenization is the process of converting real-world assets — stocks, bonds, real estate — into digital tokens on a blockchain, enabling fractional ownership, 24/7 trading, and programmable features.
A growing clash is unfolding between crypto firms and traditional banks over who will shape the rules for this next phase of digital finance3. Crypto players argue that tokenization can drive transparency and democratized access, while banks, seeking to protect existing infrastructure and client bases, favor more cautious, regulated rollouts.
Regulators are caught in the middle: these models promise innovation, but also bring concerns about liquidity, custody, governance, and systemic spill-over risks.
As the battle over digital finance rules intensifies, the winner could redefine how assets are issued, traded, and held within the global financial system.
Market cap falls back below the 2024 peak
Crypto total market cap 3-day chart, November 13, 2025. Source: TradingView. Past performance is not indicative of future results.
The 2025 run is one that most market aficionados will remember, marked by a 78%(!) up-move in the total market cap, supported by large ETF inflows and institutional adoption.
Nevertheless, after breaking the 2024 record in July and reaching the current all-time high of $4.27 trillion, a significant corrective move, which began after a gigantic flash crash in mid-October, showed no mercy.
Now $50 billion below the 2024 peak ($3.73 trillion), outflows continue to dominate the charts amid large ongoing tech profit-taking.
Even after gigantic progress in the cryptocurrency sector in recent years, pitfalls remain
Despite the exponential growth and increasing institutional adoption of cryptocurrencies, major vulnerabilities remain firmly in place. A recent crash wiped out billions in market value and exposed an ecosystem “littered with pitfalls”4, ranging from excessive leverage and weak infrastructure to inadequate regulatory safeguards.
Key concerns highlighted include widespread borrowing to finance speculative bets, platforms faltering under stress, and the absence of standard investor protections — signaling that while the crypto sector has come a long way, its maturation is still far from complete.
Switzerland launches consultation on stablecoins and crypto institutions
Switzerland has launched a public consultation on stablecoins and crypto institutions, marking a major step in its effort to blend its trusted financial framework with blockchain innovation5.
The draft bill introduces two new license categories — one for payment instrument institutions authorized to issue stablecoins, and another for crypto institutions offering custody, trading or staking services. Licensed entities will face robust disclosure and operational safeguards, including full backing, client asset segregation and insolvency protections.
While designed to bolster Switzerland’s position as a leading digital-finance hub, the proposal also raises the strategic question: will Swiss-issued stablecoins enhance or undermine the traditional banking model?
Technical levels for Ethereum, Bitcoin, and Solana
Ethereum
Ethereum 8H chart, November 14, 2025. Source: TradingView. Past performance is not indicative of future results.
Support levels:
- $3,050 to $3,200 Major Support
- $2,500 to $2,700 June Consolidation
- $2,100 June War support
- November 4 lows $3,053
Resistance levels:
- $3,500 (+/- $50) main current pivot
- $4,000 to Dec 2024 top higher timeframe pivot zone
- $4,200 to $4,300 resistance
- Current all-time highs $4,950
Bitcoin
Bitcoin daily chart, November 14, 2025. Source: TradingView. Past performance is not indicative of future results.
Support levels:
- $93,000 to $95,000 support (testing)
- $85,000 mid-term Support (+/- $1,500)
- $75,000 Key long-term support and Liberation Day lows
Resistance levels:
- Current all-time high $126,255
- $99,000 to $100,000 main support, now pivot
- Resistance at previous ATH $106,000 to $108,000
- $116,000 to $118,000 Resistance
Solana
SOL daily chart, November 14, 2025. Source: TradingView. Past performance is not indicative of future results.
Support levels:
- $140 to $150 support (testing)
- $125 to $130 support
- $100 to $115 main support
Resistance levels:
- Current pivot zone $160 to $165
- $180 to $190 resistance
- $200 psychological level
- $250 recent highs
This article is for general information purposes only, not to be considered a recommendation or financial advice. Past performance is not indicative of future results. It is not investment advice or a solution to buy or sell instruments.
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