Articles
Bitcoin Bounces From $100,000 Bullish Reversal Or Another Trap?
Bitcoin recently rebounded from the $100,000 level, leading some to believe a bullish trend may be starting. However, experts caution that this bounce could be a temporary 'bull trap'. Key resistance lies between $105,000 and $106,000. If Bitcoin breaks above this range, it could move towards $107,500. A failure to break above $105,000-$106,000 could see Bitcoin decline to $93,394. Traders are advised to be cautious due to potential volatility.
The Great Korean Pivot: From Memecoins to Machine Chips
The South Korean cryptocurrency market is reportedly shifting investment focus away from memecoins and towards projects related to machine chips and artificial intelligence. This change suggests a move towards more technologically advanced and fundamentally driven cryptocurrency investments within the Korean market, moving away from speculative assets like memecoins.
500,000 XRP Sold By Whales in 48 Hours, Heres Price Reaction
Large XRP holders, known as whales, sold 500,000 XRP tokens, worth $1.15 million, within 48 hours. Despite this sell-off, the price of XRP has increased by 5.9% in the last 24 hours, reaching $2.3. The total XRP trading volume has also increased by 14.2% to $5.8 billion. A new smart contract feature for the XRP Ledger is now available on AlphaNet, allowing developers to test and build applications directly on the XRP blockchain. This smart contract feature supports multiple programming languages and allows permissionless deployment, opening up new possibilities for payments, trading, and NFTs on the XRP Ledger.
What Happens To The Bitcoin Price If It Follows Gold?
Crypto analyst Colin suggests Bitcoin could follow a similar price surge pattern to gold, potentially reaching $175,000 by January 2026 if the bull market continues. He notes that despite recent market downturns and bearish sentiment, historical data and other indicators suggest Bitcoin still has room to grow and could reach a peak around late December or January. This prediction aligns with forecasts from Standard Chartered, which anticipates Bitcoin could reach between $150,000 and $200,000 by the end of the year. An analysis of a 1150-day simple moving average further supports the idea that Bitcoin's peak for this cycle hasn't been reached yet. Currently, Bitcoin is trading around $102,400.
Litecoin Readies For Next Leg Higher As LTCBTC Tightens Beneath Range High
Litecoin is showing strong bullish signals according to CryptoWzrd's technical analysis, particularly against Bitcoin (LTC/BTC). The LTC/BTC pair has spiked, indicating increased investment and potential for further price increases. The key level to watch is the range high for LTC/BTC; breaking above it could trigger a rally towards $112 or higher. Holding above the $96 support level is crucial for maintaining the bullish outlook, while falling below it could weaken Litecoin's position. Increased volatility is expected, and traders are advised to monitor lower time frame charts for short-term trading opportunities. Bitcoin's price movements will also significantly influence Litecoin's direction, so traders need to watch Bitcoin's price.
Senator Cynthia Lummis Says Bitcoin Is Americas Only Way Out
U.S. Senator Cynthia Lummis believes Bitcoin is the only solution to America's national debt and advocates for a national Bitcoin reserve. Treasury_BTC, supported by the Winklevoss twins, hired Tycho Onnasch to lead their Bitcoin strategy, aiming to integrate Bitcoin into institutional balance sheets. Recently, the Bitcoin market experienced a significant drop in open interest across major exchanges like Binance, Bybit and Gate due to a large liquidation event. Some analysts view this as a positive reset, potentially creating a more stable foundation for future price movements.
21Shares Just Flipped The XRP Switch Are You Positioning Or Sleeping?
21Shares has filed an amendment for its spot XRP ETF, beginning a 20-day SEC review period that could lead to auto-approval around November 27th if the SEC takes no action. Following this news, XRP experienced a price increase of approximately 5%, reaching $2.32. Other firms like Franklin Templeton, Grayscale, and Canary Capital are also advancing their XRP ETF plans, aiming for potential launches in mid-to-late November. RippleNet processed $57.7 billion in payments last quarter. XRP currently trades around $2.20, with a market capitalization of about $134 billion. A spot ETF would make XRP more accessible to traditional investors, similar to Bitcoin and Ethereum.
Whats Behind Ethereums Drop: Macro, TVL, DeFi & Liquidity Zones
Ethereum's price is currently decreasing due to several factors. Firstly, broader economic conditions are influencing the crypto market. Secondly, the total value locked (TVL) in decentralized finance (DeFi) applications on Ethereum is being affected. Finally, changes in liquidity zones are also contributing to the price decrease.
Floki Price Prediction: Market Cools After Pullback
The Floki market is showing signs of cooling after a recent pullback. Open interest, which reflects leveraged trading, is declining, suggesting that the recent price recovery is mainly due to spot market activity rather than futures trading. Floki is currently trading around $0.00006445, up 5.74% in the last 24 hours, with a market capitalization of approximately $622 million and a daily trading volume of around $109 million. Market participants are watching to see if buyers re-engage near the $0.000062-$0.000066 range. A price close above the 20-day Bollinger Bands baseline at $0.00006899 with increased volume would indicate a short-term bullish recovery, while a failure to defend the lower Bollinger Band near $0.0000569 could lead to a retest of the $0.000055 region.
No Mercy For Samourai Wallet Developer: Keonne Rodriguez Sentenced To The Maximum
Keonne Rodriguez, co-founder of Samourai Wallet, received a five-year prison sentence after pleading guilty to operating an unlicensed money transmitting business. The case revolves around Samourai Wallet's tools, Whirlpool and Ricochet, which were designed to conceal Bitcoin transactions. Prosecutors alleged that the wallet processed around $2 billion in transactions, including over $100 million in criminal proceeds laundered through its privacy features. While Rodriguez's plea didn't cover all original charges, the judge imposed the maximum sentence requested by prosecutors. His co-founder, William Lonergan Hill, faces extradition and related proceedings. The case has sparked debate about the implications for cryptocurrency privacy tools and open-source development.
Arthur Hayes Just Made Zcash His #2 Bag Is $10,000 Actually On The Table Now?
Zcash (ZEC) has experienced a significant price surge of approximately 700% since early October, rising from around $75 to over $700, briefly pushing its market capitalization above $10 billion and into the top 20 cryptocurrencies. This increase was fueled by Arthur Hayes revealing that ZEC is his fund's second-largest holding after Bitcoin, which led to a price jump of over 31% in a single day. Hayes has also suggested ZEC could potentially reach $10,000. This price movement resulted in the liquidation of over $59 million in ZEC futures positions. Recent developments, such as the Zashi wallet and Project Tachyon, have improved ZEC's usability. There is an increase of shielded supply, indicating growing user preference for privacy features. This makes Zcash an encrypted Bitcoin play for DeFi.
Iran signals intent to become crypto hub at its first international blockchain event
Iran signaled its intention to become a regional cryptocurrency hub at its first international blockchain event, deBlock 2025. Government officials emphasized the necessity of embracing cryptocurrencies to achieve the country's digital economy goals, aiming for a 10% share of the total economy. The speaker of the Iranian parliament called for a national roadmap for crypto assets and coordination between government institutions to regulate growth in the sector. Iran aims to implement global crypto standards to become a successful model in the region. The focus should not be limited to mining but encompass a comprehensive crypto-based financial ecosystem, including secure trading platforms, cryptocurrency use in foreign trade, and tokenization of real-world assets. The event saw a memorandum of understanding signed with Trescon Global to potentially host the conference in Dubai and attract foreign investment. Discussions also involved using cryptocurrencies within BRICS and other agreements to enhance economic independence and facilitate international transactions.
Crypto News: Expert Targets $16 in ICP Price Prediction Amidst 214% Breakout
The cryptocurrency Internet Computer (ICP) has experienced a significant surge, increasing in value by 214% in one week. This breakout has propelled ICP to become a leading AI-focused blockchain, with trading volume exceeding $1.31 billion in the past 24 hours. Currently trading around $9.64, ICP is aiming for a price of $16, a level that could open the way to further gains, potentially reaching $24 or even $31. The rally is supported by rising open interest in futures contracts, indicating strong trader confidence and fresh capital entering the market. This increase suggests a potentially sustained upward trend for ICP after a prolonged period of decline.
Bitcoin Privacy Developer Gets 5 Years in Prison: What It Means for Crypto
Keonne Rodriguez, the co-creator of Bitcoin privacy tool Samourai Wallet, received a five-year prison sentence and a $250,000 fine for operating an unlicensed money-transmitting business. Samourai Wallet, which allowed users to conduct private Bitcoin transactions, allegedly processed over $2 billion in transactions and laundered more than $100 million linked to illegal activities. Rodriguez's co-founder, William Lonergan Hill, also faces a potential five-year sentence. The app was shut down and removed from the Google Play Store after over 100,000 downloads. Other privacy-focused wallets have since distanced themselves from similar features, with some blocking U.S. users or removing coin-mixing integrations. While the Department of Justice issued new guidelines stating that merely writing code without criminal intent is not a crime, the Samourai case highlights the risks for developers creating privacy tools, especially if they appear to be knowingly facilitating criminal activity. The EU is considering banning privacy-focused crypto in 2027. The number of blockchain developers based in the USA has decreased by 7% since 2021.
ZCash (ZEC) Euphoria Is Finally Here Time To Cash In?
ZCash (ZEC) has significantly increased in value recently, even as the broader cryptocurrency market has struggled. Its price surge has pushed it into the top 20 largest cryptocurrencies. On-chain data indicates that ZEC miners are experiencing high profitability, as evidenced by the Puell Multiple reaching an all-time high. The ZCash Hash Rate is also rapidly increasing, suggesting miners are dedicating more resources to the network. ZCash has seen a price increase of over 30% in the last 24 hours, currently trading around $714. Over the past year, it has jumped approximately 1,500%. An earlier projection indicated a potential upside target of around $1,650.
James Chanos has closed his short position on Strategy, ending his well-known MSTR/Bitcoin pair trade
James Chanos, known for short-selling, has closed his short position in Strategy (formerly MicroStrategy), ending an 11-month bet that the company was overvalued relative to its Bitcoin holdings. Chanos had been shorting Strategy shares while holding a long position in Bitcoin. The trade proved profitable as Strategy's market-adjusted net asset value (mNAV) fell to 1.23x, hitting Chanos's target of 1.25x. Strategy's market capitalization has decreased by over 14% since last year. Despite this, Strategy continues to advocate for Bitcoin investment, and Michael Saylor, Strategy's founder, remains bullish. While some see Chanos's move as a positive sign for Bitcoin-linked assets, others view it as a potential indicator of a coming market downturn. Strategy recently increased its Bitcoin holdings to 641,205 BTC.
Uniswap Price Prediction: UNI Breaks Key Trendline as Market Eyes $8.5 Target
Uniswap's UNI token has broken above a key resistance level, signaling a potential bullish trend. The price has increased by approximately 11.84% in the last 24 hours, trading around $5.89 with a market capitalization of $3.72 billion. Technical analysis suggests that if UNI sustains its position above the $5.90 level and maintains strong trading volume, it could potentially rise to the next resistance levels around $7.00 and $8.59. The token's Relative Strength Index (RSI) has also improved, indicating a shift away from oversold conditions, and the market seems to be cautiously optimistic about continued positive momentum.
After a 17% Jump, Is Litecoin Price Rebound Sustainable Amid Dominant Sell Activity?
Litecoin's price recently experienced a 17% increase. However, the article questions whether this rebound is likely to last, given the prevalent selling activity in the market. The article suggests this increase might be short-lived if selling pressure continues to dominate.
Binance Coin Price Rebounds From 900 Low Eyes Breakout Toward 1160 Zone
Binance Coin (BNB) has rebounded from a low of $900 and is aiming for a potential breakout towards the $1,160 level. Increased trading volume and historical patterns suggest renewed investor confidence. Currently trading around $994, BNB faces resistance around $1,090, with multiple supply zones between $1,040 and $1,160. A close above $1,090 could lead to a climb towards $1,160, while failure to stay above $1,000 could see it drop to $880 or $840. Trading volume has surpassed $2.6 billion, and its market capitalization exceeds $137.5 billion. Analysts are watching to see if BNB can establish a firm footing above $1,000 and confirm a breakout towards $1,160.
Bitcoin community calls for political pressure after a Samourai Wallet dev was handed a five-year prison sentence
The Bitcoin community is rallying support and seeking political intervention after Samourai Wallet developer Keonne Rodriguez received a five-year prison sentence for operating an unlicensed money-transmitting business. This sentencing is viewed as part of a broader crackdown on financial anonymity in the crypto space. Advocates are planning to lobby lawmakers and the White House, drawing parallels to past successful pardon campaigns like that of Ross Ulbricht, founder of Silk Road. The case stems from allegations that Samourai Wallet, marketed as a privacy-focused service, processed approximately $237 million in illicit transactions between 2015 and April 2024. This situation mirrors similar legal challenges faced by developers of Tornado Cash, another crypto mixer, and the outcome could set a precedent for the treatment of privacy-enhancing crypto tools.
XRP Price Today: XRP at a Make-or-Break PointCrash Below $2 or Soar to a New High?
XRP is at a critical juncture, potentially stabilizing above $2 or dropping further. After rising from about $0.60 to over $2.30, it faces resistance around $2.55-$2.70. A key support level lies between $1.90 and $2. On-chain data reveals increased investor interest with 21,000 new wallets created recently. However, whales have distributed 500,000 XRP, causing a temporary price dip. If XRP holds its momentum, a new all-time high above $3.65 is possible by the end of November, but a pullback is also possible. Institutional interest, including Ripple's recent funding, supports XRP, but regulatory outcomes, particularly the SEC case, remain a risk. Analysts suggest XRP could test $2.80-$3.00 by year-end if it maintains support. Traders should monitor volume trends, whale activity, and ETF news. XRP was trading at approximately $2.26, a 1.83% decrease in the last 24 hours. A move above $2.75-$2.80 could lead to higher prices, but regulatory updates and on-chain accumulation will be crucial factors.
Arthur says governments choose gold because it protects political power, while individuals choose Bitcoin for freedom and selfcustody
Arthur Hayes believes governments prefer gold for maintaining political control, while individuals opt for Bitcoin for freedom and self-custody. He argues that governments prioritize power over individual freedom, evidenced by their gold accumulation as a hedge against potential asset seizures by nations like the U.S. Hayes connects Bitcoin's cycles to monetary policies, noting that expansions in credit, such as quantitative easing and stimulus measures, have historically boosted Bitcoin's price, while tightening cycles have led to price drops. He identifies the current cycle as being fueled by Janet Yellen's actions, predicting the rally to extend into 2027 or 2028 due to continued money printing. Hayes also notes the shift in sovereign wealth managers moving away from treasuries towards gold following the freezing of Russia's reserves, and countries are beginning to trade oil in currencies other than the dollar. Bitcoin's price fluctuations are linked to dollar liquidity, not politics or events like ETFs, but rather on factors such as the SOFR rate and Fed policies. Arthur Hayes holds both Bitcoin and gold but views them differently, gold for tangible assets like oil, Bitcoin for escaping financial restrictions.
Bitcoin ETFs Record Biggest Daily Outflow Since August as OG Whales Cash Out
Bitcoin ETFs experienced their largest single-day net outflow since August. This means more money was pulled out of these investment funds than was put in on that day. The article attributes this to large, early Bitcoin investors ('OG Whales') selling off their holdings.
CZ Trump Pardon: Binance Founder Denies Any Trump Family Ties
Changpeng Zhao (CZ), the founder of Binance, has denied rumors of any connection to the Trump family amidst speculation he is seeking a pardon. This follows Zhao's guilty plea to violating US anti-money laundering laws, which resulted in a multi-billion dollar fine for Binance and his stepping down as CEO. He is currently awaiting sentencing in the United States. The rumors suggested that Zhao might be leveraging connections with the Trump family to obtain a presidential pardon, potentially influencing his sentence and Binance's regulatory challenges. Zhao has publicly stated that these rumors are false and that there are no such ties.
Avalanche (AVAX) Price Prediction: Momentum Builds as AVAX Eyes a Return to the $25 Zone
Avalanche (AVAX) has seen a price increase, rising above $17.80, with a 7.3% gain in the last 24 hours and trading volume approaching $920 million. This recovery is supported by a demand zone around $16.50. If AVAX breaks through the $18.60 to $20 resistance, it could potentially reach $23 to $25. A break above $18.69 could lead to targets of $20 to $23.50, while maintaining strength above $17.50 is crucial for continued gains. Long-term, if AVAX stays above the $18 to $20 range and breaks out of its broader channel, it could aim for $30 to $35, and a close above the channel could lead to $55 to $60.
SharpLinks CIO clarifies that the Ethereum reserve company did not sell ETH
A report incorrectly stated that SharpLink Gaming, a company known for holding a large amount of Ethereum, had moved a significant amount of ETH to the OKX exchange, suggesting a potential sell-off. This caused market concerns and a temporary dip in both ETH price and SharpLink's stock (SBET). SharpLink's CIO clarified that the wallet in question was incorrectly labeled by blockchain analytics platform Arkham Intelligence's AI model and did not belong to SharpLink. Arkham Intelligence confirmed that the labeling was a prediction and not a verified fact. The market has since stabilized after the clarification. In related news, SharpLink recently raised $76.5 million through a stock offering priced at $17 per share, a 12% premium over its market price at the time, reflecting institutional confidence in its Ethereum accumulation strategy.
Pakistan Eyes Rupee Stablecoin as Experts Warn of $25 Billion Missed Opportunity
Pakistan is exploring a rupee-backed stablecoin and a central bank digital currency (CBDC) to tap into a potential $20-$25 billion growth opportunity in the crypto market. A CBDC prototype is already in development with support from the World Bank and IMF, aiming to reduce remittance costs, which totaled $30.25 billion in 2024. Pakistan ranks third globally in crypto adoption, with 40 million users and $300 billion in annual trading, despite over 100 million adults being unbanked. The country has established the Pakistan Virtual Asset Regulatory Authority (PVARA) and is inviting international crypto exchanges to apply for licenses, focusing on reputable firms. Plans to create a Bitcoin reserve and allocate electricity for mining are facing scrutiny from the IMF. The country is also navigating the need to ensure crypto products comply with Islamic finance principles. The Asia-Pacific region has seen on-chain crypto activity grow 69% year-over-year, reaching $2.36 trillion in transactions. Pakistan, along with India and Vietnam, led this explosive growth.
Bitcoin Set For Long Squeeze As Retailers Panic Sell What To Expect
Bitcoin briefly dipped below $100,000, reaching around $98,900 before recovering. Analysis of activity on the Binance exchange shows that short-term Bitcoin holders (STHs) increased their selling between November 3rd and 5th, with 251 BTC and 517 BTC flowing into the exchange on those dates, respectively. This selling by STHs triggered liquidations of overleveraged long positions in the $100,500 - $107,000 range, causing a 'long squeeze'. Historically, long-term Bitcoin holders (LTHs) have used these dips as opportunities to buy more Bitcoin. Currently, Bitcoin is valued at approximately $103,500, showing a 24-hour increase of over 2%.
Why HYPE Long Traders Should Worry About $24 Million Liquidations
The cryptocurrency HYPE is showing weakness and struggling to stay above its support level. Technical indicators suggest caution for traders who have bet on HYPE going up (long traders). A significant drop to $35.3 could trigger $24.4 million in liquidations, forcing many long positions to close. This support level has already been tested twice this month, and another test could further weaken market confidence. The MACD indicator is also signaling increasing selling pressure. If the overall crypto market declines, HYPE could struggle to maintain its current price range and could drop below the $38.4 support level, potentially testing $35.3 again. On the other hand, if market sentiment improves, HYPE could attempt to break through the $42.2 resistance level, potentially moving towards $47.1.
Cardano Price Prediction: ADA Reclaims Key Level as Bullish Momentum Builds Across the Market
Cardano's price is showing signs of a potential upward trend. There's increased interest in Cardano, shown by rising Google searches and positive sentiment on social media. The price has broken through a key resistance level of $0.58, which could lead to further gains, potentially reaching $1.20 to $2.00. While some large holders have sold off some Cardano, retail investors are buying it up, supporting the price. If Cardano stays above $0.55, it could quickly rise to the $0.85 to $1.00 range. Cardano is also holding strong at a long-term support level between $0.38 and $0.44, suggesting a possible new bullish cycle. If the price breaks above $0.60, it could confirm a major bullish phase, with a potential return to $1.20 or higher in the coming months.
CZ says Trumps pardon was unexpected and not linked to any personal or business connection
Changpeng Zhao (CZ), the founder of Binance, stated in an interview that his presidential pardon from Donald Trump was unexpected and not the result of any deal or connection. CZ said he has never met Trump or had financial ties with his family. His lawyers filed a pardon request in April, and he was surprised when it was granted with no prior updates. He pleaded guilty in November 2023 to violating anti-money laundering and sanctions rules, for which he received prison time. CZ emphasized he willingly came to the U.S. to face the charges. He denies that there were any discussions or deals made for the pardon, including with Trump allies or companies tied to the Trump family. CZ expressed gratitude for the pardon and now sees more regulatory clarity for crypto in the U.S. He aims to focus on new projects and contribute positively to the industry. Trump has stated his desire for the US to become the bitcoin superpower and crypto capital of the world.
Hedera Price Rebounds as Analysts See Massive Breakout Brewing
Hedera Hashgraph (HBAR) is experiencing a price rebound, increasing by 5.66% to around $0.18, after a period of consolidation. Trading volume has increased significantly, suggesting renewed buyer interest. Analysts are pointing to a potential rally towards $1.50 based on long-term charts, with a break above $0.30 potentially accelerating gains toward $0.70 and higher. Technical indicators show the price forming higher lows, indicating a strengthening bullish base. A key resistance level to watch is $0.20, and maintaining support above $0.17 is crucial for the upward trend. Another analyst notes a potential reversal pattern forming with a possible target of $1.20 if momentum continues.
Tech and AI stocks on Wall Street had their worst week since April as investors pulled back from highrisk trades
Tech stocks and crypto experienced a significant downturn this week, marking the worst performance for tech since April. Over $700 million exited crypto ETFs, with BlackRock's Bitcoin ETF losing nearly $600 million and its Ether ETF shedding $370 million. Bitcoin's price slid, and analysts noted a decrease in the number of large, long-term holders or 'whales'. AI stocks also suffered, with Palantir falling 8% despite solid earnings, and several AI-related ETFs experiencing substantial losses, including one Meta-linked ETF sinking 8.5% and a Palantir-heavy product tanking 22%. The downturn is attributed to profit-taking in overvalued areas like AI and crypto, and a decrease in overall market liquidity. The MEME ETF, tracking retail sentiment, is already down 20% a month after launch, and some ETFs in the meme stock and unprofitable tech space dropped 57% this week. Despite this, the S&P 500 is only down 2% from its peak, suggesting the market is not in full-blown collapse.
MSTR Stock Outlook as Macro Expert Backs Strategys Bitcoin Model
Market commentator Fred Krueger supports MicroStrategy's Bitcoin strategy, highlighting its financial flexibility and ability to manage debt even with Bitcoin price fluctuations. He believes the company's structure avoids forced sales, unlike other Bitcoin-focused firms. Concerns arose around Metaplanet, another company holding Bitcoin, due to its debt-funded Bitcoin purchases. Despite a recent dip, MicroStrategy's (MSTR) stock is holding key support levels around $230, with analysts suggesting potential recovery if Bitcoin stays above $100,000. Some analysts predict MSTR stock could reach targets of $460, $544 or even $705, showing confidence in MicroStrategy's combined Bitcoin and stock strategy.
70% of top Bitcoin miners are already using AI income to survive bear market
A significant number of top Bitcoin mining companies are diversifying their revenue streams by leveraging their infrastructure for Artificial Intelligence (AI) and high-performance computing (HPC). Seven out of the top ten miners are already generating income from AI initiatives, while the remaining three are planning to follow suit. These miners are utilizing their land, power connections, and GPU resources to cater to AI clients, creating a business alternative to Bitcoin mining. Companies like TeraWulf, Core Scientific, and Bitdeer have established AI cloud services and hosting agreements, with some deals, like TeraWulf's, backed by major players like Google. CleanSpark, Marathon, and Riot are also making moves into the AI/HPC space by acquiring land, expanding infrastructure, or assessing the conversion of existing facilities. This shift allows miners to secure more predictable revenue through long-term contracts, making them attractive to investors. As data center power demand increases, miners are pitching their grid connections and infrastructure as valuable assets for AI campuses. While the shift to AI may slow the growth rate of the Bitcoin network hashrate, it's changing how investors evaluate mining companies, with contracted AI megawatts becoming a key metric. Overall, utility expansion plans and interconnection timelines are now as relevant as ASIC delivery schedules, marking a fundamental change in the mining landscape.
Hyperliquids Push Into Lending Meets Rising Security Risks From Fake App
Hyperliquid is testing a borrowing and lending feature called BLP on its Hypercore testnet, potentially adding a native money-market layer to their platform. This would allow users to borrow, supply, and withdraw assets, initially with USDC and PURR. This move aims to create a more integrated trading environment and facilitate multi-margin trading. Simultaneously, a fake Hyperliquid app has surfaced on the Google Play Store. This fraudulent app, designed to steal funds by phishing wallet credentials, has already collected over $281,000 in stolen assets. Users are warned to check their downloads and revoke permissions to avoid losses, as Hyperliquid does not offer an official Android or iOS app. This event highlights the security risks associated with fake applications targeting crypto users.
Convicted FTX Founder Tries to Rewrite History Again: Critics Instantly Tear Him Apart
Convicted FTX founder Sam Bankman-Fried is attempting to revise the narrative surrounding the exchange's bankruptcy by responding to claims that the court-appointed CEO deliberately mismanaged the situation to generate fees and diminish the estate's value. Bankman-Fried suggested that mismanagement by those handling the bankruptcy is contributing to the withholding of funds. This prompted criticism from on-chain investigator ZachXBT, who questioned Bankman-Fried about a $40 million transfer to Chinese authorities. Venture capitalist Adam Cochran accused Bankman-Fried of lacking remorse and trying to rewrite history. This follows a court setback for Bankman-Fried in his appeal, where judges questioned the grounds for overturning his conviction. Bankman-Fried recently reactivated his X account to claim that FTX was never insolvent, a claim widely rejected by experts.
On-chain moves dont tell the full story: Why OG Bitcoin whales may not be cashing out
Recent reports suggest that long-time Bitcoin holders, known as OG whales, have been selling off large amounts of their Bitcoin. Over 1 million Bitcoin have been moved since June, leading some analysts to believe these early investors are cashing out, especially as Bitcoin has underperformed compared to other investments. However, on-chain analyst Willy Woo suggests a different explanation. He argues that these movements might not be sales at all. Instead, OG holders could be upgrading their Bitcoin addresses for better security, moving their coins to institutional custody for safer storage, or using their Bitcoin in financial structures to leverage their holdings without actually selling them. Despite the concerns about OG whales selling, Bitcoin ETFs have experienced relatively small outflows, and the price of Bitcoin has held up reasonably well, suggesting that the market is absorbing these movements. The key takeaway is that not all movement of old Bitcoin is necessarily a sale, and there could be other reasons behind these transactions.
Solanas Connection To Bitcoin Has Led To Price Capitulation
Solana's price is falling, largely due to its close relationship with Bitcoin. The correlation between Solana and Bitcoin is currently very high, meaning Solana's price movements closely follow Bitcoin's. Solana's Net Unrealized Profit and Loss (NUPL) metric indicates investor caution, a zone that has historically preceded price rebounds. Currently trading around $157, Solana may drop further to $150 or even $146 if Bitcoin doesn't stabilize, potentially sparking renewed buying. However, a continued Bitcoin decline could push Solana towards $140, deepening investor losses.
Worldcoin Price Prediction: WLD Breaks Downtrend as Traders Eye Retest Confirmation
Worldcoin (WLD) has broken a two-month downtrend and is currently trading around $0.82, up over 10% in the last 24 hours. Analysts are watching to see if the price holds above $0.80 during a retest of the broken trendline, which could signal a further rise towards $1.03. Key resistance levels to watch are $0.85, $1.03, and $1.19. The market capitalization is approximately $1.85 billion with a daily trading volume of $327.7 million. Technical indicators suggest improving momentum, with the Relative Strength Index (RSI) showing upward movement. A break below $0.70 would negate the bullish outlook.
Rigetti and D-Wave stocks have jumped over 1,900% despite minimal revenue and no near-term profitability
Stocks of quantum computing companies Rigetti and D-Wave have experienced substantial growth, increasing over 1,900% in the past year, despite limited revenue and no immediate prospects of profitability. The market values of both companies exceed $10 billion, even though their revenue is a small fraction of traditional companies of similar size. These companies are still in developmental stages, with primary experimental use, leading to cash burn and limited commercial income. While some investors are optimistic about quantum computing's potential to solve complex problems, skeptics point to stretched valuations, with Rigetti trading at over 500 times its projected revenue. Recently, both Rigetti and D-Wave shares have declined more than 34% from last month's highs. Analysts remain generally positive on these stocks, while acknowledging that their long timelines and involvement of retail traders make price swings inevitable.
China told the Netherlands to act fast to fix the Nexperia chip dispute thats hurting car production
China is urging the Netherlands to quickly resolve a dispute involving Nexperia, a semiconductor company owned by Chinese firm Wingtech. The dispute arose after the Netherlands placed Nexperia under state supervision, leading China to halt chip exports from Nexperia's Chinese factories. This has caused shortages of essential car components in Europe, impacting manufacturing. While China has agreed to talks with the Netherlands and is issuing temporary export permissions for some automakers, they expect the Netherlands to protect Chinese companies' interests. The EU is working to ensure stable chip deliveries, with simplified export procedures for civilian use. However, China believes the Netherlands hasn't adequately addressed its concerns about rights violations against Chinese firms. The core issue is the Dutch government's intervention in Nexperia due to its Chinese ownership, which prompted China's export restrictions and subsequent supply chain disruptions for European car manufacturers. The European Commission is facilitating discussions to establish a stable framework for semiconductor flows, crucial for European industry stability.
Heres Why The Dogecoin And Shiba Inu Prices Are Down
The prices of Dogecoin and Shiba Inu are currently down after a previous increase. Some analysts attribute this decline to large firms selling off Bitcoin, which impacts these meme coins. One analyst claims firms like Binance, Wintermute, and BlackRock have sold over $1.5 billion in Bitcoin. There's also less new money flowing into the crypto market and fewer large Dogecoin and Shiba Inu transactions. Despite the current downturn, one analyst still believes Dogecoin could eventually reach $1 to $2. Another suggests Shiba Inu might see a rally back to around $0.00001603.
Rivian is offering CEO RJ Scaringe up to $4.6 billion if he hits tough profit and stock price targets over ten years
Rivian has approved a new compensation package for CEO RJ Scaringe that could award him up to $4.6 billion over the next decade if he meets ambitious performance targets. The plan, similar to one previously approved for Elon Musk at Tesla, ties Scaringe's payout to Rivian's stock price reaching milestones between $40 and $140 per share and achieving specific operating income and cash flow goals within seven years. Scaringe will receive the right to purchase 36.5 million shares at $15.22 each. If fully vested, the payout could represent roughly one-quarter of Rivian's current market capitalization. The company also doubled Scaringe's base salary to $2 million. Additionally, Scaringe received 1 million common units in Mind Robotics, a Rivian-affiliated AI spinoff, potentially granting him up to a 10% economic interest if the business becomes profitable.
New SEC Filing Shows Trump Medias Total Bitcoin Holdings
Trump Media and Technology Group (TMTG), associated with Donald Trump, now holds over 11,500 Bitcoin, worth over $1.3 billion, making it a major corporate Bitcoin holder. TMTG adopted Bitcoin to protect itself from what it described as harassment from financial institutions, aligning with a trend of companies using Bitcoin to reduce reliance on banks. Besides Bitcoin, TMTG also owns roughly 756 million Cronos (CRO) tokens, worth around $110 million, reflecting a growing relationship with Crypto.com. Despite these crypto initiatives, TMTG posted a $54.8 million net loss in the third quarter of 2025. Donald Trump personally holds about $861,000 in crypto, while other Trump-affiliated entities hold substantial amounts, including $5.7 billion held by World Liberty Financial, $6.3 billion by Official Trump Meme, $19.65 million by Official Melania Meme, and nearly $30,000 by Trump Cards.
HODL Waves: Almost a Quarter of BTC Supply Hasnt Moved in 7 Years
Approximately 25% of the total Bitcoin supply has not been moved in over seven years, indicating a growing trend of long-term holding among Bitcoin owners. This significant portion of dormant Bitcoin is reducing the available supply for trading, making the market less volatile than in previous years. In past bull markets, 40-50% of Bitcoin supply was actively changing hands, whereas in the most recent rally, only about 20% was rotating. This shift suggests a more stable market where holders are less likely to sell during price increases, leading to less dramatic price swings. Bear markets are further solidifying this trend as coins are not shaken out, reinforcing a base of dormant supply. This behavior creates a market that is less sensitive to large sell-offs and more appealing to institutions seeking stability.
Is The Bitcoin Price Bottom In? Latest On-Chain Data Suggests So
Recent on-chain data suggests a potential bottom formation for the Bitcoin price may be approaching, despite ongoing market sales that began in mid-October. The analysis is based on four on-chain metrics. The Futures Taker CVD metric shows that short positions are weakening. The Spot Taker CVD metric indicates that Bitcoin holders are still selling. The Bitcoin: Stablecoin Supply Ratio (SSR) is at a historically low level, suggesting increased buying power with more stablecoins available relative to Bitcoin. Historically, such low SSR levels have preceded Bitcoin price rebounds. Finally, the Adjusted Spent Output Profit Ratio (aSOPR) is around 1.0, a level that previously preceded a major price reversal. As of now, the Bitcoin price is approximately $102,510, reflecting a 1% increase in the last 24 hours.
Cardano Price Soars 10% Amid Retail Accumulation: Will Bulls Target $1?
Cardano's price has increased by 10% due to a rise in buying activity from individual investors. The price increase suggests a potential upward trend, with investors hoping it will reach $1. This price movement indicates growing interest in Cardano from retail investors.
Ethereum (ETH) Price Prediction: Ethereum Rally Toward $3,500 Gains Steam Amid Strong Market Liquidity
Ethereum's price is showing signs of a potential rally towards $3,500, driven by increased market activity and strong support from its underlying technology. The price has stabilized above key support levels, suggesting growing confidence among investors. Liquidity pools between $3,200 and $3,350 are providing a solid base for price increases. Technical analysis indicates the price could break through resistance at $3,500 and potentially reach $3,700 or $3,800. Analysts predict Ethereum could rise to between $3,500 and $4,700 by the end of November. A significant amount of Ethereum is being staked, reducing the available supply and supporting price stability. Despite optimism, caution is advised as resistance is expected around $3,500-$3,700, and a failure to break through could lead to a price decrease. Ethereum was trading at approximately $3,401.366, up 4.16% in the last 24 hours.
Odds for December Rate Cut Soar to 71% After Michigan Consumer Sentiment Hits 2nd-Lowest in History
The likelihood of the Federal Reserve cutting interest rates in December has increased to 71%. This shift is primarily due to a significant drop in consumer sentiment, with the University of Michigan's consumer sentiment index reaching its second-lowest level in history. This indicates a weakening economic outlook, which is prompting increased expectations for the Federal Reserve to lower interest rates in an attempt to stimulate the economy.
Breaking: James Chanos Exits MSTR Short After Premium Drop
James Chanos, a well-known investor who bets against companies, has closed his short position on MicroStrategy (MSTR). This means he is no longer betting that the company's stock price will go down. He made this decision because the premium, likely referring to the price difference between MicroStrategy's stock and its Bitcoin holdings, has decreased. This suggests Chanos believes the risk associated with shorting MicroStrategy is no longer worth the potential reward.
JPMorgan now holds nearly 2 million shares in BitMine valued at about $102 million
JPMorgan holds nearly 2 million shares of BitMine, valued at approximately $102 million as of September 30. BitMine, formerly a bitcoin mining company, now operates as an Ethereum reserve company holding 3.24 million Ethereum. JPMorgan analysts reported a recent 20% drop in the crypto market, citing liquidations in perpetual futures and losses from the Balancerw exploit exceeding $120 million. Exchange-traded funds linked to crypto have also experienced redemptions. The U.S. government is investigating whether JPMorgan offered fair banking access to customers, following an executive order to review banking practices that could deny service for political reasons. Bank of America is also responding to demands about fair access to banking.
HBAR Price Continues To Survive, Holds Above Month-Long Support
HBAR, Hedera's token, is currently priced at $0.174 and has been holding above a key support level of $0.162 for the past month, demonstrating resilience despite market downturns. The Chaikin Money Flow (CMF) indicator shows ongoing outflows, indicating that sellers currently control the market. The Relative Strength Index (RSI) is below 50, signaling unfavorable market conditions for recovery. HBAR faces resistance at $0.175, but if market conditions improve, it could potentially rally towards $0.194 and attempt to breach $0.200. If the token cannot flip the 0.175 resistance into support, it will likely continue to consolidate above the $0.162 zone.
Ethereum Price at Make-or-Break Point: Rally To $10k Or Crash To $2k?
Ethereum's price saw a 5% increase, reaching $3,400, amidst a general crypto market rally that pushed the market capitalization to $3.46 trillion. Despite this positive movement, some experts caution that further market fundamentals need to be evaluated due to recent selling pressure. An analyst predicts a potential rise to $10,000 for Ethereum, but also foresees a possible drop to $2,000 before that happens. Ethereum Futures Open Interest increased by 4% to $39.83 billion, signaling renewed investor confidence. However, weekly and monthly charts show declines of 10% and 21% respectively. US Spot Ethereum ETFs experienced outflows of $46.6 million for the week, with Fidelity's FETH seeing the largest outflow and BlackRock's ETHA experiencing inflows.
Balancer Sends Message To $128M Hacker, Offers Bounty Arrangement
Balancer, a decentralized finance platform, is attempting to negotiate with a hacker who stole $128 million. The Balancer DAO, the platform's governing body, sent a message to the hacker offering a bounty in exchange for the return of the stolen funds. The DAO has set a deadline of November 8th for the hacker to respond. If the funds are returned and verified, Balancer will not pursue legal action against the hacker based solely on the return of the funds. If the hacker doesn't cooperate, Balancer intends to use all available means, including technical, on-chain, and legal options, to identify the hacker and pursue prosecution. The DAO has also stated the bounty will be given to an informant with relevant information on the hacker. Balancer's native token, BAL, is currently trading at $0.8547, up 4.54% in the last day, but down 13.26% over the past week due to the hack and broader market downturn.
Exploring Ripples strategic sidestep from Wall Street spotlight
Ripple Labs, following its settlement with the SEC in August 2025 where they paid a $125 million penalty and accepted an injunction on institutional XRP sales, opted out of an initial public offering (IPO). Instead, the company raised $500 million from firms like Fortress Investment Group and Citadel Securities at a $40 billion valuation, executed a $1 billion tender offer, acquired a prime broker for $1.25 billion, launched a stablecoin, and applied for a US national bank charter. This decision highlights Ripple's strategic preference for private funding and regulatory navigation over the transparency and potential scrutiny that comes with being a publicly listed company. The company aims to maintain flexibility with its XRP holdings and stablecoin strategy while developing into a broader financial infrastructure provider. They seem to be avoiding the challenges faced by other crypto companies like Coinbase that have gone public and faced further regulatory issues. Ripple is focused on regulatory relationships through a bank charter rather than public markets.
India Officially Recognizes Crypto as Legal Property Assets
The Madras High Court in India has ruled that cryptocurrencies like XRP are legally recognized as property. This decision came about after a WazirX exchange user filed a complaint regarding the exchange freezing accounts and planning to distribute losses following a hack in 2024 that saw $234.9M stolen. The court has ordered WazirX to safeguard the user's XRP and provide a bank guarantee while the case is ongoing. This ruling means that crypto owners in India now have legal protection for their digital assets, and exchanges cannot use user funds to cover losses without proper legal justification. This brings India closer to countries like the United States and the United Kingdom, where crypto is also recognized as property in certain contexts.
Optimism Price Prediction: OP Attempts Recovery as Momentum Stabilizes
Optimism (OP) is showing signs of recovery after recent price drops. Trader sentiment indicates buyers are stepping in around the $0.40 level, suggesting reduced selling pressure. The coin's price is currently around $0.42, up 11.53% in the last 24 hours, with a market capitalization of $801.9 million and a daily trading volume of $187.1 million. The first significant resistance level to watch is $0.48; a move above this could push the price towards $0.54-$0.57. However, failure to hold above $0.38 could lead to further declines. Technical indicators suggest a potential shift from oversold conditions into neutral territory, with the RSI still below 50 but showing improving short-term momentum. Sustained stability above $0.4173 is needed for a continued recovery.
ETH2 Beacon Deposit Contract Now Controls 60% Of All Ethereum: Arkham
Arkham Intelligence reports that the ETH2 Beacon Deposit Contract now holds the largest share of Ethereum, controlling over 72.4 million ETH, which is approximately 60% of the total supply and worth around $252 billion. The largest individual ETH holder is Rain Lohmus, though he has lost access to his 250,000 ETH. Vitalik Buterin holds around 240,000 ETH. Exchanges and institutions also hold significant amounts, with Binance holding approximately 4.09 million ETH and BlackRock holding around 3.94 million ETH. Coinbase holds around 3.5 million ETH. Governments, including the United States, hold seized ETH from criminal cases. Hacker wallets and layer-2 bridges also account for large holdings of ETH, specifically Arbitrum and Base. Staking contracts, exchanges, ETF issuers, bridges, and custody platforms are identified as the largest holders of ETH overall.
Bitcoin (BTC) Price Prediction: Hidden Bullish Divergence on Bitcoin Hints at Strong Rebound Toward $110K
Bitcoin's price is around $101,724, showing a slight increase of 0.46% in the last 24 hours. Despite being below its all-time high of $126,198, there are signals that buyers are gaining strength. Analysts see potential for Bitcoin to rebound towards $110,000. However, there's a possibility of short-term price drops to around $98,500-$99,700 before a potential bounce. A key resistance level to watch is $111,600, where many Bitcoins were previously bought, and breaking through this level could lead to a faster price increase. Continued investment into Bitcoin exchange-traded funds (ETFs) from companies like BlackRock, Fidelity, and Grayscale provides ongoing support for Bitcoin's price.
Zcash Explodes 700% Since September Whats Driving The Rally Amid The Bear Market?
Zcash (ZEC) has experienced a significant price increase, rising approximately 700% since September. This surge occurred even as the broader cryptocurrency market faced a downturn. The increase is attributed to a renewed interest in privacy within the crypto space, with a large portion of Zcash's supply now locked in shielded pools for private transactions. Recent technological upgrades to the Zcash network, such as the new Zashi wallet, have also made private transactions more user-friendly, expanding its accessibility. However, some analysts caution that the rally may be a coordinated pump and dump scheme and not based on long-term fundamentals. Regulatory pressures are also a concern, as the European Parliament is considering restrictions on privacy tokens like Zcash. Zcash is currently trading around $580, after decreasing from its intraday high of $734.96.
Italy backs the digital euro but asks ECB to spread out high implementation costs
Italy's banking sector supports the European Central Bank's (ECB) digital euro project, viewing it as essential for Europe's digital independence and reducing reliance on non-European payment systems. While supportive, Italian banks are requesting a flexible, long-term payment plan to manage the project's significant implementation costs. The ECB's digital euro aims to strengthen the Eurozone's monetary control and address the rise of stablecoins. The launch is expected in 2029, following a pilot phase starting in 2027, pending EU legislation in 2026. Other countries like China are advancing their own central bank digital currencies (CBDCs), while the US focuses on regulating stablecoins and restricting a US CBDC.
Since Trump's Election, Crypto Has Experienced a Wild Year-long Ride
Since Donald Trump's election, the cryptocurrency market has experienced significant volatility over the past year. Specific details regarding the nature and extent of this volatility, including price fluctuations and market capitalization changes, were not included in the provided article content.
XRP Price Regains $2.3 Support, But Expert Hints at Crash to $1.9
XRP's price has bounced back to $2.3 following a broader recovery in the cryptocurrency market. This increase is also fueled by speculation surrounding the potential launch of an XRP Exchange Traded Fund (ETF). Trading volume has increased significantly alongside rising confidence among traders. However, despite this positive movement, one expert has cautioned that XRP could potentially fall to $1.9 if it loses support at the $2.3 level. The optimism surrounding a possible XRP ETF launch, with some predicting it could happen soon, is also a key factor influencing the market. It is important to note that the launch of an ETF does not guarantee an immediate increase in price.
BTC Liquidity Recovers as Trump Talks Bitcoin Rocket Boost Incoming?
Bitcoin's availability for trading, known as liquidity, has improved recently. This improvement coincides with comments made by Donald Trump about Bitcoin. The article suggests these comments may potentially positively impact Bitcoin's price, but this is not confirmed.
Ripple Has No Plans For An IPO Despite Resolving XRP SEC Case, Top Executive Reveals
A top executive at Ripple has stated that the company currently has no plans to pursue an Initial Public Offering (IPO), even after resolving its legal case with the U.S. Securities and Exchange Commission (SEC). This indicates that despite a favorable legal outcome, Ripple is not looking to become a publicly traded company in the near future, which could influence investor expectations and market activity surrounding XRP. The decision suggests Ripple is content with its current private status and funding avenues.
Stables Labs announces phased USDX recovery plan following severe depeg
Stables Labs, the creator of the USDX stablecoin, has announced a plan to restore the value of USDX after it lost its peg to the US dollar. This followed an exploit on the Balancer protocol that affected a USDX pool, leading to a significant drop in USDX's price from its intended $1 value, at one point falling below $0.60. The company plans a phased recovery, depending on resource availability, market conditions, and cooperation from others. Impacted USDX holders need to register to be considered for the recovery plan, with balances determined by an on-chain snapshot. Concerns have been raised about the lack of immediate repayment guarantees, absence of reserve transparency, and the slow pace of the proposed recovery, potentially lagging behind ongoing liquidations on DeFi platforms holding USDX. Lista DAO, a lending platform, liquidated its USDX holdings to minimize potential losses.
Michael Saylors Strategy Set For More BTC Purchases After $715 Million Stock Sale In Europe
MicroStrategy, led by Michael Saylor, is planning to buy more Bitcoin after completing a $715 million stock sale in Europe. The company intends to use the funds raised from this sale to acquire additional Bitcoin, continuing its strategy of accumulating the cryptocurrency as a primary treasury reserve asset. This indicates MicroStrategy's ongoing confidence in Bitcoin and its commitment to expanding its Bitcoin holdings.
Michael Saylor Says uy Now as Bitcoin Faces $111,000 Resistance
Michael Saylor is advocating for people to buy Bitcoin. This recommendation comes as Bitcoin is approaching a resistance level of $111,000, a price point where it may struggle to increase further in value.
Japans Top Financial Watchdog Endorses Joint Stablecoin Pilot By Countrys Three Largest Banks
Japan's leading financial regulator has given its approval for a collaborative stablecoin pilot program involving the country's three largest banks. This endorsement signals a significant step forward for stablecoin adoption within Japan's regulated financial system. The pilot will likely involve testing the issuance and use of stablecoins, which are cryptocurrencies designed to maintain a stable value, often pegged to a fiat currency like the Japanese Yen or US dollar. This initiative aims to assess the viability and potential benefits of stablecoins for payments and other financial applications within the Japanese market.
Hong Kongs FinTech sector triples in a decade as government pivots to AI and tokenized assets
Hong Kong's FinTech sector has tripled in size over the past decade, growing from 1,600 startups to nearly 5,000, with around 1,200 FinTech firms currently operating. The government is focusing on artificial intelligence (AI), blockchain, and tokenization to further develop the industry. These technologies are being explored for use in traditional financial products, such as tokenizing income streams from electric charging stations or property leases. However, the sector has faced challenges, highlighted by the JPEX crypto scam, which resulted in losses of over $190 million and led to multiple arrests. The government acknowledges the need for increased investor education and awareness to address the knowledge gap surrounding new technologies and financial products.
Will the U.S. Government Shutdown Finally End This Month As Key Crypto Policies Face Delays
The U.S. government shutdown is potentially ending this month, which has implications for the implementation of key cryptocurrency policies. The shutdown has caused delays in these policies, but the article does not specify which ones or provide specific details about their impact. The potential end of the shutdown suggests these policy implementations could resume soon.
Digitaps ($TAP) $15 Banking Dream: Why Analysts Rank It Above XRP Price Prediction
Digitap ($TAP), a new cryptocurrency project, is gaining attention for its potential to become a major player in the crypto banking sector. It has already raised over $1.6 million by selling over 100 million tokens in its presale. Digitap is building a platform that combines traditional fiat banking with decentralized finance (DeFi), allowing users to manage both crypto and traditional currencies within a single app, which is already available on Android and iOS. Analysts suggest Digitap could surpass Ripple's XRP because it focuses on the retail market and offers features like token burns and staking rewards. While XRP primarily serves institutions with cross-border payments, Digitap aims to provide a user-friendly platform for everyday banking and crypto transactions. Analysts believe Digitap's focus on the retail market gives it a larger potential user base, especially among the unbanked population and remote workers. They project a potential valuation of $15 per $TAP token, which is 500x from the current price. Digitap's presale is ongoing, and the platform is currently live and accessible to users.
Survival Mode Activated: Bitcoin Miners Struggle As Hashprice Collapses
Bitcoin miners are facing financial difficulties as hash price, a measure of mining profitability, has dropped significantly from over $62 per PH/s in July to around $42 per PH/s. This decline is forcing smaller, less efficient miners to consider shutting down their operations because their revenue may not cover expenses. Hardware manufacturers and hosting companies are also feeling the impact, with machine orders slowing down and Bitcoin-related income decreasing after an October market downturn. Some manufacturers are resorting to mining themselves to compensate for reduced customer demand. The increasing difficulty and cost of Bitcoin mining, especially after the upcoming halving event, is prompting some companies to shift towards providing general computing power for AI, with firms like Cipher Mining and IREN securing large deals with Amazon Web Services and Microsoft, respectively. Bitcoin's price has also fallen, briefly dipping below $100,000, adding to the miners' stress. Long-term holders have been selling off significant amounts of Bitcoin, and a liquidation of leveraged positions further destabilized the market. Analysts suggest that Bitcoin may continue to decline before reaching a bottom.
Convicted Russian crypto scammer and his wife found murdered in the UAE
Roman Novak, a Russian entrepreneur previously convicted of crypto fraud, and his wife Anna were found murdered in the UAE after being kidnapped. Novak, known for defrauding investors through crypto ventures, had relocated to Dubai and created a crypto app called Fintopio. The couple disappeared after a meeting with supposed investors near the UAE-Oman border. Investigators believe they were lured to a villa and kidnapped for ransom, with the kidnappers attempting to gain access to Novak's crypto funds. When they failed, both Novak and his wife were killed. Seven suspects have been arrested in both the UAE and Russia, facing charges related to murder and financial crimes. The case highlights the dangers associated with digital wealth and the need for increased security in the crypto space, prompting authorities to enhance efforts against cross-border crime linked to crypto scams.
Bitcoin Dominance Signals The Crypto Bull Run Remains Active Analyst
The cryptocurrency market has seen a downturn recently, but one analyst, Colin Talks Crypto, believes the Bitcoin bull run is still active based on Bitcoin Dominance data. Bitcoin Dominance refers to Bitcoin's market capitalization relative to the total cryptocurrency market capitalization. The analyst suggests that a drop in Bitcoin Dominance, specifically below 49%, historically signals a Bitcoin market top. Currently, Bitcoin Dominance is around 61%, implying there may be more room for Bitcoin's price to increase. The analyst also noted that the market didn't show extreme euphoria when Bitcoin reached its all-time high around $126,000, which is also considered a sign that the peak may not have been reached yet. In addition, the anticipated end of the US Federal Reserve's quantitative tightening and the expected US government reopening in late November or early December could give a boost to the market.
Pi Coin Price Recovery Appears Difficult Despite Investor Support
Pi Coin's price is currently around $0.228 and is experiencing volatility as investors await a clear market direction. While there has been a slight increase in money flowing into Pi Coin, it's not strong enough to guarantee a price recovery. An indicator suggests a significant price move is possible, but it also hints at a shift towards selling pressure, which could cause the price to drop. Another indicator shows inflows are improving, but outflows are still stronger, requiring increased buying interest to boost the price. Pi Coin is expected to trade between $0.217 and $0.229 in the short term. A price increase beyond $0.229 is possible if investors buy more Pi Coin, potentially leading to a rally towards $0.246.
Traders Price in December Fed Rate Cut as U.S. Inflation Softens Again
Financial markets are now anticipating that the U.S. Federal Reserve may lower interest rates as early as December. This expectation is based on recent data indicating a decrease in U.S. inflation. Traders are adjusting their strategies to reflect the possibility of this rate cut, which could have broad implications for investment decisions and the overall economy.
Traders Remember the Last 700% Surge FUNToken Could Be Gearing Up Again
FUNToken ($FUN) is currently trading around $0.002078, with a market capitalization of $22.45 million and a 24-hour trading volume of $11.24 million, according to CoinMarketCap. It experienced a significant surge earlier in the year, jumping nearly 700% from around $0.0022 to over $0.02. Some investors believe a similar pattern is forming, with $FUN consolidating near the $0.0020 support level. A new $5M Giveaway program on 5m.fun is designed to reduce the token's supply by incentivizing staking, which locks tokens in a smart contract. Rewards are released as the price of $FUN reaches certain milestones (from $0.01 to $0.10 USDT) and stakers earn interest even if milestones aren't met. This supply reduction, coupled with positive community sentiment (over 84% bullish on CoinMarketCap), could potentially drive another price increase. The current setup is seen as stronger than the previous one due to the structural supply reduction and smart contract transparency.
BYDs megafactory expansion positions it to overtake Tesla in global EV production
BYD's Zhengzhou megafactory in China is expanding significantly, now covering 22.5 square kilometers compared to Tesla's Austin factory at 3.53 square kilometers. This expansion includes a racing circuit with a wading pool for testing vehicles like the Yangwang U8 SUV. BYD aims to increase Zhengzhou's production capacity to 1.8 million vehicles annually, exceeding Tesla's total 2024 output. The company is also expanding its battery production capabilities in Zhengzhou. Additionally, BYD inaugurated a new megafactory in Brazil with an initial annual production capacity of 150,000 units, potentially increasing to 600,000. This Brazilian factory, built on a former Ford site, represents BYD's largest factory outside of China, signaling a major expansion of its global manufacturing footprint. BYD is aiming to overtake Tesla as the world’s largest EV maker.
Bitcoin News: Bitcoin OG Dumps $372M In BTC, More Selloff Incoming?
A Bitcoin OG, Owen Gunden, has sold off a large amount of Bitcoin, totaling $372 million, with a potential for more to be sold. This follows previous sales by Gunden since October 21, bringing the total to over $874 million. This selloff appears to have contributed to a drop in Bitcoin's price below $102,000. Additionally, another Bitcoin OG, 1011short, closed all their Bitcoin long positions, incurring a $1.3 million loss, and has deposited approximately $1.48 billion worth of Bitcoin to exchanges since October 1. Bitcoin's price is currently around $101,950, and experts believe it needs to break through the $107,000 resistance to reach higher levels. Continued selling pressure could hinder a rally and potentially cause Bitcoin to drop below $100,000.
Dogecoin Price Prediction: Bitwise ETF Filing Hints at November Launch Could DOGE Price See a $1.2 Breakout?
Dogecoin's price might significantly increase, potentially reaching $1.2 by 2026, due to Bitwise's application to launch a Dogecoin ETF. If approved as early as November 2025, this could provide both retail and institutional investors with regulated access to Dogecoin. The market structure is shifting bullish after Dogecoin broke out of an extended consolidation, currently sitting just below the $0.186 resistance zone. Data indicates large accumulations of Dogecoin near the $0.20 level. Technical analysis suggests that as long as Dogecoin's price stays above $0.18, it could continue its climb toward a $1.20 target. Simultaneously, a new memecoin called Pepenode (PEPENODE), which is currently in presale, has raised over $2 million, showing quick uptake as memecoin investors watch for positive market movements.
New Crypto Coins on Every Watchlist: Why Digitap ($TAP) is Beating Pepenode and Uniswap
The cryptocurrency market is seeing new coins emerge, with Digitap ($TAP) gaining attention. Digitap aims to bridge the gap between cryptocurrencies and traditional finance through 'omni banking,' enabling transfers between crypto and fiat currencies and offering a visa-enabled debit card for crypto to fiat conversions. The $TAP token is used for transaction fees, staking, and rewards within the Digitap ecosystem. Currently, Digitap is in its presale phase, with the token priced at $0.0297, and has raised over $1.6 million from 104 million tokens sold. The total token supply is 2 billion, with a deflationary model that burns 50% of fees. Early adopters can stake tokens for up to 120% APY. Digitap is being compared to Pepenode, a gamified mining simulator, and Uniswap, a decentralized exchange, with Digitap emphasizing real-world utility and features not offered by the other coins. The presale offers a discount for new buyers using the code DIGITAP15.
State of Crypto: SBF (Somehow) Had Another Bad Day in Court
Sam Bankman-Fried, also known as SBF, had another difficult day in court. While the article title indicates a negative development, the specifics of what transpired are not detailed in the provided content. Therefore, it is impossible to provide a factual summary of the day's events or any resulting market implications.
These Are Bitcoins Most Important Support Levels if $100K Cracks: Analyst
Bitcoin recently dipped below $100,000, causing uncertainty in the market. An analyst, Ali Martinez, has identified key support levels to watch if Bitcoin continues to fall, specifically $98,340, $75,475, and $55,980. The first support level was tested when Bitcoin dropped below $99,000. On the other hand, data indicates a return of buying demand for Bitcoin, suggesting a potential market recovery. If Bitcoin rebounds, the first major resistance level is around $106,000, followed by $111,600. Bitcoin is currently trading around $102,000, with a market capitalization of $2.030 trillion after falling 17.5% in the past month.
Bitcoin Treasuries Face Capital Shock as Falling Prices Erase Gains
Crypto treasury companies, particularly those holding significant amounts of Bitcoin and altcoins, are experiencing financial strain due to recent market downturns and falling token prices. Bitcoin-heavy firms like MicroStrategy and Metaplanet are seeing their equity cushions shrink, with MicroStrategy's stock price dropping roughly 53% from its all-time high and Metaplanet's stock price declining over 80% from its peak. Similarly, altcoin-focused treasuries are facing steep markdowns on their holdings. Evernorth, a large holder of XRP, is experiencing unrealized losses of approximately $79 million on its XRP holdings. BitMine, a major Ethereum treasury, faces unrealized losses of roughly $2.1 billion due to Ethereum's recent decline. These losses are forcing companies to adopt defensive balance-sheet moves and raising concerns about their ability to maintain long-term conviction in digital assets amid near-term financial pressure.
Dogecoin (DOGE) Price Prediction: Can Dogecoins $0.18 Comeback Spark the Long-Awaited Rally Toward $2.40?
Dogecoin is showing signs of renewed upward movement, with some forecasts suggesting a potential rise to $2.40, a significant jump from its current price around $0.18. This optimistic outlook is based on technical analysis indicating positive momentum and historical patterns where Dogecoin experienced substantial growth during bull markets. While analysts note potential for rallies, they also caution about Dogecoin's volatility and reliance on social media sentiment to drive price increases. Key technical indicators suggest a possible breakout if Dogecoin maintains its current support level, potentially targeting a price above $1. Achieving the $2.40 target requires sustained buying activity and favorable market conditions, but short-term price fluctuations are expected due to the coin's sensitivity to market trends and social media hype. Despite recent gains, Dogecoin remains well below its all-time high, highlighting the substantial growth needed to reach the projected target.
Bitcoin Price Outlook: Key Levels Indicating How Low BTC Could Fall by the End of 2025?
This article discusses potential price levels for Bitcoin through the end of 2025. It focuses on identifying specific support levels that could indicate how low the price of Bitcoin might fall during that period. The analysis centers on key price points that could act as floors for Bitcoin's value.
Countdown begins for XRP spot ETF as 21Shares files amended prospectus
The possibility of a spot XRP ETF in the US is moving closer to reality as 21Shares filed an amended prospectus, triggering a 20-day window for SEC approval. This means the SEC has 20 days to either approve, deny, or delay the application. If the SEC does nothing within that timeframe, the ETF could automatically be approved. Canary Capital Group has also entered the race with their own XRP ETF filing, under ticker XRPC, also in a 20 day approval window. Ripple Labs, associated with XRP, has recently announced partnerships and reached a circulation milestone with its RLUSD stablecoin. Approval of a spot XRP ETF could make it easier for traditional investors to invest in XRP, potentially increasing its value and use.
3 Presales Investors Are Choosing Over Solana Right Now
Investors are increasingly turning to crypto presales offering early rewards like free tokens, shifting focus from established platforms like Solana. The appeal lies in the low-risk entry and potential for high returns from innovative projects. Three presales gaining traction are IPO Genie, an AI-powered platform; Arbitrum Layer-2 presales, scaling Ethereum; and Injective Protocol presale, focused on decentralized trading. These presales attract investors by offering free tokens for early participation and community engagement, enabling diversification with reduced upfront capital. Participating involves setting up a compatible wallet, registering early, completing tasks for free tokens, tracking project roadmaps, and diversifying investments. While presales present risks like regulatory uncertainty and market volatility, investors see them as strategic opportunities with significant upside potential.
Heres The Critical Support The Dogecoin Price Must Hold Or Risk Total Breakdown
Dogecoin's price has recently fallen, and its ability to stay above $0.15 is critical. If Dogecoin can maintain above $0.15, it could potentially rise by over 20% and reach the next resistance level at $0.20. However, if it falls below $0.15, it could lead to a further price drop. Weak recovery and declining volume suggest Dogecoin is consolidating, which could trigger a deeper correction if the support level breaks.
Will Crypto Markets Rebound When the US Government Shutdown Ends?
The crypto market, particularly Bitcoin, has been negatively impacted by the US government shutdown due to reduced dollar liquidity. The shutdown, lasting over a month, froze a large sum of money in the Treasury General Account, effectively removing it from circulation. This has caused Bitcoin to decline. Experts predict that once the government reopens and spending resumes, liquidity will return to the market, potentially triggering a crypto recovery. Bitcoin has closed above $100,000 for six straight months, but analysts view the current dip as a temporary setback and expect Bitcoin to recover to the $110,000-$115,000 range next quarter. The correlation between Bitcoin and dollar liquidity remains strong, suggesting that when the flow of dollars resumes, crypto values will increase.
ARK Invest increases BitMine stake despite offloading $30 million in Tesla shares
ARK Invest, managed by Cathie Wood, recently sold approximately $30 million worth of Tesla shares across its exchange-traded funds. Simultaneously, ARK Invest increased its stake in BitMine Immersion Technologies, an Ether treasury firm owned by Tom Lee, by purchasing 48,454 shares worth about $2 million through several of its ETFs. This move occurred despite BitMine facing around $2.1 billion in unrealized losses on its Ether holdings. Following ARK's investment, BitMine's shares rose by 7.65%, reaching an all-time high of $40.23 in after-hours trading, with the stock up 415% since the start of the year. Additionally, ARK Invest added to its holdings of the Bullish crypto exchange, buying roughly 238,000 shares valued at approximately $12 million across its primary funds. The firm has invested about $172 million in Bullish since it went public on the New York Stock Exchange with a valuation of $1.1 billion. Bullish reported $57 million in adjusted revenue for the second quarter, and a net income of $108.3 million.
Could Lyno AI (LYNO) Become the Next $10 Coin in 2025? Experts Reveal Their Projections
Lyno AI (LYNO) is being promoted as a promising presale token with the potential to reach $10 by 2025. The project aims to offer retail investors institutional-grade trading through an AI-powered cross-chain arbitrage platform. Currently in its early bird presale stage at $0.05 per token, over 970,000 tokens have been sold, raising over $48,000. The price is set to increase to $0.055 in the next stage. Analysts predict $LYNO could reach a valuation of $10 billion, driven by the AI-blockchain market. Early investors can participate in a $100,000 giveaway. The project highlights its AI-driven arbitrage across 15+ blockchains and Cyberscope-audited smart contracts. The article suggests investors view $LYNO as a potentially significant AI-driven investment opportunity.
Zcash soars 1,486% in 3 months and reaches highest price since 2018
Zcash (ZEC), a cryptocurrency focused on privacy, has seen a significant price increase, reaching its highest level since January 2018. As of the time of the report, Zcash was trading at $676.64, having increased 26% in the last 24 hours and a massive 1,486% over the past three months. This surge has propelled Zcash to become the 18th largest cryptocurrency with a market capitalization of $11.2 billion. The price jumped from $74.30 on October 1st to an intraday high of $750 on November 7th, marking a tenfold increase. Several factors contributed to this surge, including a growing interest in privacy within the cryptocurrency market, improvements to Zcash's technology that make it easier to use, and a limited supply of Zcash similar to Bitcoin. The price increase has also attracted attention from prominent figures in the crypto industry and drawn new investment into Zcash. The negative funding rate in derivatives markets suggests many traders were betting against Zcash, leading to liquidations that further pushed the price upward. Improvements such as the Zashi wallet and Solana integration have also improved Zcash adoption and usability.
Long DATs, Short Futures: A New Wrinkle On The Basis Trade
The article discusses a new variation of the basis trade in cryptocurrency markets, focusing on "long DATs, short futures." This strategy involves simultaneously buying Decentralized Autonomous Token (DAT) assets and selling futures contracts on the same underlying cryptocurrency. The core idea is to profit from the price difference between the DAT and the corresponding futures contract as they converge upon expiration. The article highlights that this strategy seeks to exploit discrepancies in pricing across different cryptocurrency derivatives markets. It emphasizes the mechanics of longing DAT assets while shorting futures contracts on the same cryptocurrency and it's relation to the basis trade.
RENDER Price Prediction 2025: How Far Can RENDER Rally If $4.19 Flips?
The Render Network's migration to Solana is increasing activity for the RENDER crypto token. Transfers of RENDER tokens on Solana jumped significantly this month, reaching 48,074 transfers worth $50.79 million, up from 7,339 transfers worth $4.25 million earlier in the month. Trading volumes on decentralized exchanges are also up, with buy volume exceeding sell volume. There are liquidity clusters at $3.75 and $4.19 which could act as price targets. The price chart shows a downward wedge pattern, with support around $2.00-$2.50. If the price breaks above $4.19, it could potentially reach $9 by the end of the year and $13.75 in early 2026. Technical indicators suggest oversold conditions and potential accumulation, with increasing positive money flow.
Bitcoin vs Gold: BitMEX Co-Founder Arthur Hayes Explains Why Nations Still Prefer Buying Gold
Arthur Hayes, co-founder of BitMEX, provided his perspective on why nations continue to favor gold over Bitcoin as a reserve asset. He argues that despite Bitcoin's potential, governments still prefer gold due to its established history, tangible nature, and lack of reliance on a decentralized network that they cannot directly control. The article highlights Hayes' explanation of the reasons behind central banks' persistent preference for gold over cryptocurrencies like Bitcoin in their reserves.
Post-Giveaway Supply Shock: Impact on FUNTokens Liquidity and Market Depth
Following a recent giveaway event, FUNTokens are experiencing a supply shock. This means there's a noticeable change in the amount of FUNTokens available on the market. The decreased supply is directly affecting the token's liquidity, making it potentially harder to buy or sell FUNTokens quickly without significantly impacting the price. This supply shock also impacts the market depth, which refers to the ability of the market to absorb large buy or sell orders without substantial price movements. Reduced market depth indicates that even moderately sized trades could lead to greater price volatility for FUNTokens.
Mutuum Finance Price Prediction: MUTM Will Drop A Zero and Be Top 50 Crypto
Mutuum Finance (MUTM) is in a presale phase that has already raised $18.5 million with 17,800 investors. Phase 6 of the presale is 85% sold at a price of $0.035 per token. The next phase, Phase 7, will see the price increase to $0.04. The project aims to develop a V1 protocol for the Sepolia testnet in Q4 2025, involving liquidity pools and lending mechanisms using ETH and USDT. Analysts predict that MUTM could reach $0.35 by late 2026, potentially placing it among the top 50 cryptocurrencies with a market cap exceeding $3.5 billion. This growth is expected to be driven by the rollout of their protocol and a buy-back mechanism. A leaderboard has been introduced to reward top depositors daily with $500 in MUTM tokens.
Sui (SUI) Price Prediction: Can Suis $2 Breakout Zone Ignite a Massive 10x Rally Toward $20?
Sui (SUI) is currently trading around $2.14, showing a 5.7% increase in the last 24 hours with a daily trading volume of $1.38 billion. Recent developments like the Mysticeti v2 upgrade and the Beep Protocol beta launch have contributed to this rebound. A key technical indicator suggests that if Sui breaks above the $1.6 to $2 range with sufficient volume, it could potentially rally towards $20. However, an upcoming $103 million token unlock could create temporary price instability. Analysts' predictions for Sui's price in 2025 range from $2.50 to $3.00, with some cautioning that a significant move beyond $5 would be substantial progress. The network's improved efficiency and growing ecosystem are contributing to positive investor sentiment.