According to a report by Bitcoin.com, Enlace, a Spanish real estate technology company, revealed that the number of real estate transactions using some form of cryptocurrency as a payment method has significantly increased this year. The company found that these payment methods have advantages over traditional home buying methods, such as quick access to funds and savings compared to international bank transfers, resulting in a 15% increase in usage by 2024. This trend is particularly evident in major cities such as Barcelona, Madrid, and Valencia, where cryptocurrency transactions account for 60% of all transactions in the industry. Enlace predicts that approximately 6% of real estate transactions will involve cryptocurrency payments by 2024.

 Google Trends data shows that the search popularity for "memecoin" has reached its historical high of 100. Cryptocurrency KOL Lark Davis analyzed that this phenomenon indicates that retail investors are awakening, and Meme coins are usually their preferred entry point into the cryptocurrency market.

 BlackRock has announced obtaining a commercial operating license in Abu Dhabi and is currently applying for an operational license in Abu Dhabi Global Market (ADGM). Charles Hatami, Head of BlackRock's Middle East region, stated that the company will focus on developing the private market and artificial intelligence infrastructure business.

According to BCA Research, despite the recent surge in bitcoin's price, it could potentially rise to $200,000 based on a gauge using 260-day fractal patterns. This gauge indicates that the current levels are nowhere near the levels seen during previous bull market peaks. While bitcoin is currently below the six-figure mark, one firm is predicting that its price could more than double from the current market rate of $90,000. The rise in stablecoin liquidity and bitcoin transactions is contributing to the formation of "Uptober." The ETH/BTC ratio has also slid to its lowest since April 2021.

government of Pocheon City, Gyeonggi Province, South Korea, announced plans to seize and sell cryptocurrency held by citizens who owe taxes. On November 18, local media Han Kyung reported that Pocheon City officials have notified 17 people who owe a total of KRW 124 million, approximately USD 88,600. The city warned these taxpayers that if they do not repay their debts by the end of November, their cryptocurrency assets on the exchange will be confiscated and sold.

 Raoul Pal, former Goldman Sachs executive and founder of macro research firm Real Vision, posted on X stating: "So it looks like Michael Saylor and I have come to a consensus again. I also believe that BTC is a pristine asset. He also believes that tokenization of all assets, cultures, etc. will occur, and they are not the same as each other. Ultimately, there will be a variety of assets based on the BTC underlying layer."

The US Securities and Exchange Commission (SEC) ruled that the actions of cryptocurrency company Terraform Labs and its founder Do Kwon constitute fraud. The company's bankruptcy in 2022 resulted in a loss of $40 billion in investor funds.

Terraform Labs and its founder Do Kwon will face trial in Manhattan on Monday, accused by regulators of lying to investors about the collapse of the company's two cryptocurrencies, LUNA and UST, which disrupted the market in 2022. Regulators also accuse them of falsely claiming that Terraform's blockchain was used for a popular mobile payment app in Korea. Do Kwon will not attend the trial. He was arrested in Montenegro last March and is awaiting extradition back to his home country of South Korea, where he faces criminal charges. A court in Montenegro postponed his extradition on Friday, citing concerns from the country's prosecutor's office about the extradition process.

Do Kwon, co-founder of Terraform, will be released from prison in Montenegro, but due to several criminal charges brought by national authorities, he will remain in the Balkans. The High Court of Montenegro ordered the confiscation of Kwon's passport on Friday to prevent him from leaving the country. According to the court's order, Kwon will leave Spuž prison on Saturday. The prosecutor opposes extraditing Kwon to South Korea and would prefer him to be sent to the United States, where he could face a longer sentence if convicted.

Market news: Terra co-founder Do Kwon has been released and is awaiting the extradition decision of the Supreme Court.