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Bitcoin's price has fallen to a six-month low, dropping below $100,000 to around $97,100, showing a 6% decrease in the last 24 hours. The price failed to break through resistance at $107,000, leading to increased selling. Key support levels being watched are around $95,930, where a significant amount of Bitcoin was last moved, and further down at $82,045 and $66,900. If the $95,930 support level breaks, the price could decline rapidly due to lower on-chain activity between that level and $82,000. Large Bitcoin holders (whales) and miners have been moving their coins to exchanges like Binance, increasing the supply and adding to the downward pressure on the price.

Bitcoin miners have significantly increased the amount of Bitcoin they are sending to the Binance exchange, a potential sign they are selling off their holdings. In November alone, miners have deposited 71,000 BTC, worth over $7 billion, to Binance. This follows a trend from October where they deposited 200,000 BTC. Miners typically sell to cover expenses like electricity. This large increase in deposits has coincided with a decrease in Bitcoin's hashrate, which is a measure of the computing power on the Bitcoin network, and a price decrease of Bitcoin to around $10,300.

Bitcoin is currently trading at $96879, hovering just above a critical support level of $93500. Key resistance levels are identified at $100150 and $105000. A break below the $93500 support could trigger further decline, with a potential downside target of $135429. Technical indicators suggest a bearish market sentiment, and the Stochastic RSI indicates Bitcoin is currently oversold. Traders are advised to consider placing stop-loss orders below $93500 to manage risk. The 50-day and 100-day Exponential Moving Averages (EMAs), located at $100150 and $102300 respectively, are acting as resistance. Buyers might consider entering near the $93500 support, while sellers could consider exiting near the $100150 or $105000 resistance levels.

HBAR's price is dropping significantly, mirroring Bitcoin's decline. The correlation between HBAR and Bitcoin is currently 0.76, meaning HBAR's price movements closely follow Bitcoin's. Bitcoin fell below $100,000, and HBAR broke below a key support level at $0.162, a level it had maintained for several weeks. This drop indicates a lack of buyer interest, potentially leading to further price decreases toward $0.154 or lower. If HBAR can reclaim the $0.162 level, it could potentially rise towards $0.175 and possibly $0.192.

Google DeepMind has unveiled SIMA 2, a new AI agent powered by Gemini that can learn and act in real-time within virtual 3D environments. Unlike the first version, SIMA 2 can understand high-level goals, reason, and execute actions in games through text, voice, or image prompts. SIMA 2 demonstrated improved performance, achieving a 65% task completion rate compared to SIMA 1's 31%. It can also adapt to new environments created by Genie 3, even if it has never encountered them before. DeepMind acknowledges that SIMA 2 has limitations, including memory constraints and difficulties with complex tasks, but sees it as a step towards artificial general intelligence and future applications in robotics and navigation.

XRP's price decreased despite the launch of the first spot XRP ETF. The price fell over 7% in one day, moving from $2.50 to around $2.20. Analysts attribute this drop to broader market pressures, particularly Bitcoin's decline, which affects many other cryptocurrencies. The XRP ETF, launched by Canary Capital, saw $58 million in first-day trading volume, exceeding initial expectations of $17 million, but analysts say this isn't enough to move the price significantly. It is noted that the real impact of the ETF on XRP's price may not be immediate, as Canary Capital still needs to purchase XRP to back the ETF, and institutional buying usually takes time to influence prices. Technical analysis indicates that XRP broke down from a descending triangle, losing the $2.70 support level, and now needs to break above $2.40 to avoid further price declines toward $1.80 or $1.50.

Circle's stock (CRCL) has returned to its initial IPO price despite strong Q3 earnings, including a 108% year-over-year increase in USDC circulation to $74 billion and a 66% revenue increase to $740 million. This reversal is primarily due to increasing supply pressure from expiring lockup periods for early investors, allowing them to sell their shares. This sell pressure has coincided with broader market uncertainty, contributing to volatility. JPMorgan has upgraded Circle's rating to overweight, setting a price target of $100, citing growing partnerships and the potential of Circle's Arc network. Cathie Wood's Ark Invest has also purchased $30 million in CRCL shares. The stock's performance reflects a tension between strong underlying growth and short-term market dynamics.

The Canary XRP ETF (XRPC) launched in 2025 with impressive numbers, attracting $245 million in net inflows on its first day, exceeding the initial inflows of several Bitcoin and Solana ETFs. Its first-day trading volume reached $59 million, the highest among ETF launches in 2025. Despite the successful ETF launch, the price of XRP fell by 8% to around $2.30, even though trading volume increased by over 40%. XRP futures also saw a decline, with total open interest decreasing. Similarly, Solana's price also dropped by 8% during the same period.

China's economy is showing signs of slowing down, with fixed asset investment hitting a record low and factory output decreasing. This slowdown affects investment, spending, trade, and factory production, raising concerns about China's economic control. Property investments are declining due to developers' struggles with sales, capital, and unfinished projects. Companies are cutting back on new projects due to weak demand. Industrial output grew by only 4.9% in October, down from 6.5% in September, due to fewer orders. China's exports are also down as global demand weakens, and domestic consumer spending is low due to concerns about job security and income. Retail sales rose by only 2.9% in October, marking the fifth consecutive month of slowing growth. The government is considering measures like subsidies, but long-term changes are needed to improve social welfare and job security. Businesses are hesitant to invest or hire, and consumers are saving more. Trade tensions with the U.S. and concerns from European trading partners add to the challenges. Despite these issues, the government is cautiously supporting stimulatory projects worth approximately 1 trillion yuan for infrastructure and local government.

The Federal Deposit Insurance Corporation (FDIC) is planning to issue guidance on tokenized deposits, clarifying that these blockchain-based deposits should have the same legal protections as traditional deposits. Acting Chair Travis Hill stated that the FDIC is also working on a regulatory framework for stablecoin issuers, with an application process expected by the end of 2025, stemming from the GENIUS Act. The value of tokenized real-world assets (excluding stablecoins) has surpassed $24 billion in the first half of 2025, driven by tokenized private credit and US Treasurys, with BlackRock being a notable adopter. The market capitalization of stablecoins is currently at $305 billion. Animoca Brands research suggests that tokenization of real-world assets could unlock a $400 trillion traditional finance market, with projections indicating the tokenized RWA market could reach $16 trillion by 2030.

Bitcoin's price recently dipped below $100,000 and is approaching what's called a 'death cross,' where its 50-day average price looks set to fall below its 200-day average. Historically, this pattern often signals a market bottom. However, analysts are split on whether this will be the case this time. Some believe that the death cross could lead to a price rebound to at least $145,000, based on past patterns where Bitcoin has rallied after similar events. Others are more cautious, suggesting the price could drop to around $70,000 before recovering, based on historical data showing a potential 30% loss following a death cross. Traders are advised to monitor factors like trading volume and market activity to better assess the situation and manage risk carefully, potentially using stop-loss orders and waiting for confirmation of a price recovery before making major investments.

The cryptocurrency market experienced a downturn, with Bitcoin, Ethereum, Solana, Zcash, and various other altcoins decreasing in value. The article attributes the decline to several factors. Increased regulatory scrutiny, particularly in the United States, has dampened investor enthusiasm. Macroeconomic concerns, including rising inflation and potential interest rate hikes by the Federal Reserve, have also contributed to market uncertainty, leading investors to reduce their exposure to riskier assets like cryptocurrencies. Furthermore, profit-taking after a period of gains may have exacerbated the downward trend. Major cryptocurrencies and altcoins saw significant price drops.

Bitcoin and Ethereum ETFs experienced significant outflows, with Bitcoin ETFs losing $866.7 million and Ethereum ETFs losing $410 million. These outflows were triggered by a broader market selloff influenced by concerns about overvalued tech stocks, particularly those related to AI, and uncertainty about future interest rate cuts. Despite the overall downturn, XRP ETFs debuted strongly with $245 million in inflows on the first day of trading, marking a record for ETF launches this year. New guidance from the Treasury Department has clarified rules around staking ETFs, allowing spot crypto funds to stake through registered custodians and distribute rewards to investors as ordinary income.

Kalshi, a U.S.-based prediction market, is partnering with Coinbase Custody to secure the USDC stablecoin used on its platform. This allows Kalshi users to deposit, transfer, and receive payouts in USDC with the security features offered by Coinbase Custody. The partnership aims to enhance trust and reliability in Kalshi's event-based markets by providing institutional-grade security for user funds. By using Coinbase Custody, Kalshi ensures that deposited USDC is protected, auditable, and isolated from operational risks, potentially encouraging wider participation in its prediction markets. The collaboration demonstrates the integration of crypto infrastructure and regulated financial applications, offering users a more stable, secure, and compliant trading environment.

Taiwan is considering adding Bitcoin to its national strategic reserves. Cho Jung-tai, a member of Taiwan's legislature, stated that the central bank and the premier's office have agreed to examine the possibility of using Bitcoin in the country's reserves, driven by political support and worries about currency stability.

Keir Starmer and Rachel Reeves have decided not to increase income tax to address the UK's budget deficit, reversing a previously considered option. Concerns that raising income tax would upset both the party and the public led to this change. Economists estimated an income tax increase could have generated up to $65 billion. Instead, Reeves is now considering a range of measures to raise $39 billion, potentially including gambling duty and higher property taxes. Plans to impose more charges on lawyers, accountants and private clinicians have also been abandoned over concerns that it would encourage avoidance and reduce overall revenue by $525 million in 2029-30. A proposed 20% tax on wealthy Britons relocating to low-tax countries is also under review due to potential impacts on economic growth. The government needs to address an existing $20 billion shortfall in existing plans.

A recent study by the BTC Policy Institute indicates that Bitcoin can gain support from both Democrats and Republicans if the arguments used to promote it align with each party's core values. Democrats are more receptive to the idea of financial inclusion, highlighting Bitcoin's potential to provide access to underserved communities. Republicans and Independents are more likely to support Bitcoin when it's presented as a means to improve energy grid stability through mining and as a way to transact freely without government interference. Independents are more likely to own Bitcoin compared to Republicans and Democrats. Furthermore, the CFTC Commissioner Caroline Pham has announced the end of a regulatory conflict between the CFTC and SEC, signaling a move towards greater cooperation in overseeing crypto and financial markets.

The Solana blockchain is experiencing a slowdown in user activity. The number of active addresses has dropped to 3.3 million, a 12-month low, after peaking at 9 million in January during a memecoin surge. This decline is also reflected in prediction markets, where the likelihood of Solana reaching a new all-time high before 2026 has significantly decreased. Despite the decrease in retail activity, institutional investment in Solana-based ETFs is still strong, with continuous inflows even as Bitcoin and Ethereum ETFs see outflows. This suggests that while smaller traders are stepping back, larger investors are still confident in Solana's long-term potential.

Kalshi, a prediction market platform, is now using Coinbase to manage its customer deposits made in USDC, a stablecoin pegged to the US dollar. This means when users deposit USDC to use on Kalshi's platform, Coinbase will be handling the custody and management of those digital assets. This partnership aims to streamline the deposit process and enhance the security of USDC holdings for Kalshi users.

Canary Capital launched its spot XRP ETF, named $XRPC, which experienced high trading activity upon release. In its first 30 minutes, the ETF saw $26 million in trading volume, with projections estimating $338 million by the end of the first full trading day. This launch volume surpasses that of competitor $BSOL, which had $57 million on its launch day. The $XRPC ETF holds 223.7 million XRP tokens, valued at $557 million based on XRP's current price of $2.50. According to Nasdaq, the ETF's current price is $26.57, after opening at $40. The launch has increased XRP's spot price to $2.50, reflecting increased interest in the token. The ETF provides exposure to XRP for traditional investors without requiring them to manage wallets or exchanges.

A managing partner at Dragonfly Capital, Haseeb, stated that the current crypto market downturn is less severe compared to 2022. He cites the absence of major collapses like Luna, 3AC, FTX, Genesis, and BlockFi as a key difference. Despite price drops, core crypto functions like staking, trading, and decentralized finance continue to operate without significant disruption. Regulatory clarity has also improved, reducing systemic risk and promoting market stability. This contrasts with 2022, which saw cascading failures and eroded investor confidence. The current market is perceived as more resilient, with stable operations in exchanges and blockchain networks, and decentralized finance platforms maintaining liquidity. Clearer regulatory frameworks are in place, supporting stablecoin compliance and reducing overall market uncertainty, which allows investors to accumulate assets rather than exit the market.

Aerodrome and Velodrome, two decentralized cryptocurrency exchanges created by Dromos Labs, are merging into a single platform called AERO. This new exchange will operate on both the Ethereum and Circles Arc blockchains. Aerodrome holders will receive 94.5% of the new AERO tokens, while Velodrome holders will receive 5.5%. The goal is to combine the liquidity of both platforms, streamline operations, and provide a unified decentralized finance (DeFi) experience. Both the current $AERO and $VELO tokens will be replaced with the new AERO token. This move aims to simplify DeFi, create a stronger cross-chain presence, and potentially attract institutional investors through Arc's compliance-ready environment. The merger seeks to improve capital efficiency and make the platform a central hub for the Dromos ecosystem, creating a single brand and vision for the future of decentralized liquidity.

Mike Novogratz, CEO of Galaxy Digital, stated in an interview with CoinDesk that XRP has uniquely succeeded in becoming money within the cryptocurrency space.

Global financial markets are declining due to decreasing expectations of an interest rate cut by the U.S. Federal Reserve. The probability of a rate cut has fallen to approximately 50%, according to the CME FedWatch Tool. This shift, combined with hawkish statements from the Fed and weak economic data from China, has led to a downturn in tech stocks on Wall Street and a subsequent decline in Asian markets.

Canary Capital's XRP ETF launched with a record-breaking $58 million in trading volume on its first day, surpassing all other ETF launches this year. The launch initially pushed XRP's price toward $2.50, but it later retraced to around $2.30. Experts believe that if other companies like Franklin Templeton, Bitwise, and Grayscale get approval for their own XRP ETFs in November, it could bring in between $4 and $8 billion in institutional investments, potentially driving XRP's price up significantly due to its limited availability. Predictions for XRP's future price vary, with some analysts suggesting it could reach $6 by 2030, while others forecast targets as high as $12.50 by 2028 or even $18.22 and $36.76 based on technical analysis.

Bitwise CIO Matt Hougan believes crypto is entering a new phase, driven by Coinbase's initiative to revive Initial Coin Offerings (ICOs). Hougan argues this could revolutionize capital formation, offering a more accessible and efficient alternative to traditional IPOs. Coinbase plans to launch one vetted token sale per month, incorporating team disclosures, lockups for insiders, and standardized screening to address past ICO issues. Hougan anticipates billion-dollar ICOs through platforms like Coinbase by 2026, stating even a few successful ICOs would prove a structural point, entrepreneurs can raise capital directly from investors. He suggests investments in Coinbase and base-layer ecosystems like Ethereum and Solana could benefit from this trend, viewing it as a positive development for the crypto market as a whole, which currently has a total market cap of $3.42 trillion.

Canary Capital launched its XRP ETF, XRPC, on the Nasdaq, and it achieved $58 million in trading volume on its first day, November 13th. This was the highest first-day trading volume of any ETF launched in 2025, surpassing Bitwise's BSOL ETF. The ETF was approved under Section 8(a) of the Securities Act without any objections. Despite a general downturn in the crypto market, the demand for this regulated XRP investment product remained strong. XRPC offers direct exposure to XRP's price and is custodied by Gemini Trust Company and BitGo Trust. The successful launch highlights the increasing interest in crypto assets linked to real-world applications, such as XRP's use in global payments.

Bitcoin's price dropped below $97,000, a multi-month low since early May, despite positive macro developments like the US government reopening. Just three days prior, Bitcoin was above $107,000, but failed to sustain gains. An analyst, Doctor Profit, predicts further decline to between $90,000 and $94,000. This downturn has affected other cryptocurrencies, with many experiencing double-digit percentage losses. Over $1.1 billion in leveraged positions have been liquidated, impacting over 240,000 traders. Long positions account for the majority of liquidations at $966 million, while short liquidations totaled $124 million.

Bitcoin, Ethereum, and XRP all experienced price declines on Friday, continuing a week of losses. Bitcoin fell below $97,000, a key psychological level, after failing to break through resistance at $106,453. If it closes below $97,460, it could fall further to $95,000. Ethereum's price also dropped, trading around $3,200 after facing resistance near $3,592. A close below $3,170 could lead to a further decline toward $3,017. While XRP also decreased to around $2.30 after failing to sustain a rally to $2.53, Canary Capitals XRP ETF (XRPC) launched and saw a record-breaking $58 million in first-day trading volume, surpassing previous records for new ETFs.

Altcoin ETFs are seeing record trading volumes, with the Canary XRP ETF reaching $58.5 million on its first day, surpassing the previous record held by Bitwise Solana at $57 million. However, altcoin prices, including XRP, SOL, HBAR, and ETH, are currently falling, despite the ETF success. This decline is attributed to broader market weakness influenced by Bitcoin's drop and rising dominance, macro pressures, and profit-taking. One analyst anticipates a major altcoin season in the first quarter of 2026, suggesting substantial rallies for these altcoins after Bitcoin completes its next cycle.

A market expert calculated that if 12 XRP ETFs (exchange-traded funds) were available and performed as well as the Canary Capital XRP ETF (XRPC) did on its initial trading day, they could attract $2.94 billion in investments in a single day. The Canary Capital XRP ETF is the first spot XRP ETF and has demonstrated strong performance upon its market debut.

In response to U.S. tariffs, South Korea plans to increase electric vehicle (EV) subsidies by 20% in 2026, raising them to $642.25 billion from $535.18 billion in 2025, to stimulate local demand. The government will also support auto part suppliers with over $10.29 trillion in policy finance and strengthen guarantee programs for overseas manufacturers, especially those in Mexico and the U.S., by offering long-term, low-interest loans. Hyundai Motors has been affected by the 25% tariff on U.S. exports (later reduced to 15% after a meeting between the presidents), but the rate cut has not yet been implemented due to delays in releasing a joint fact sheet detailing the trade and security agreement. South Korea is urging the U.S. to release this fact sheet quickly, but the delay is due to disagreements within the U.S. administration over nuclear issues, particularly South Korea's desire to enrich uranium and process spent nuclear fuel. Despite these disagreements, South Korea plans to sign a Memorandum of Understanding (MOU) on investments in the U.S. and tariff reductions once the joint fact sheet is released, alongside other measures like a joint statement on security and a special law on U.S. investments.

Pantera Research Lab has launched a new DAT Dashboard to analyze digital asset tokens (DATs). The dashboard aims to offer a more detailed view beyond just market capitalization (mNAV), focusing on token fundamentals, market sentiment, and how the tokens are managed. The tool analyzes price movements based on underlying crypto growth, crypto-per-share accretion, and sentiment multiples, separating real value growth from market reactions. It also monitors token issuance practices, highlighting the importance of cautious capital raising to avoid diluting existing holders' value. The dashboard tracks 30 major DAT tickers across BTC, ETH, and SOL, providing data to benchmark performance and transparency, which Pantera believes is crucial for the sector's sustainable growth.

The first US spot XRP exchange-traded fund (ETF), Canary Capitals XRPC, launched with $58 million in trading volume on its first day, making it the most successful ETF launch of the year, narrowly beating Bitwise's Solana ETF. This strong debut suggests growing interest from larger investors in regulated ways to invest in cryptocurrencies beyond Bitcoin and Ethereum. Despite the ETF's successful launch, the price of XRP dropped 7.3%, falling below $2.30, with a large volume of XRP being traded during this price decrease. However, some market analysts predict XRP could reach $3.50 by the end of 2025 and potentially $5 by 2026 if institutional investment continues.

The Canary Staked SEI ETF has been listed on the Depository Trust & Clearing Corporation (DTCC) platform, a key step towards its potential launch. This listing means the ETF is technically ready for electronic trading and clearing, but it still needs approval from the US Securities and Exchange Commission (SEC) before it can actually operate. The DTCC handles the clearing and settling for most US stocks and ETFs. Recently, the US Treasury and Internal Revenue Service issued guidance that clarifies the rules for crypto ETFs that stake assets and distribute rewards. This new guidance could increase the chances of the SEC approving staking-inclusive products like the Canary SEI ETF. Besides Canary, Rex-Osprey has also filed for a staked SEI ETF, and 21Shares is seeking SEC approval for an ETF focused on SEI. Despite positive net flows into the SEI network, its total value locked (TVL) has significantly decreased in November.

The U.S. government announced new trade agreements with Argentina, Guatemala, El Salvador, and Ecuador to lower tariffs on imported goods like coffee, chocolate, and bananas. This aims to reduce costs for U.S. consumers, as prices for these items have recently increased. For example, coffee prices rose nearly 19% in the past year. The agreements include the U.S. eliminating tariffs on clothing and textile goods from El Salvador and Guatemala. Argentina will also see reduced tariffs on specific resources used in pharmaceuticals. The White House states these agreements will help U.S. farmers and businesses by increasing export opportunities. However, existing tariffs imposed earlier in the year on Guatemala, El Salvador, and Ecuador will remain. Separately, the U.S. is in trade negotiations with Switzerland to address its significant trade surplus with the U.S., potentially leading to lower tariffs on American goods.

Crypto analysts are suggesting that the price of SUI, a cryptocurrency, could increase significantly. One analyst, Michael van de Poppe, sees SUI sitting on a major support level which could trigger a rally. He identifies potential price targets of $2.70-$2.90 and $3.27. Another analyst, Ali Martinez, points to a bullish pattern forming on SUI's weekly chart, suggesting a possible increase to $20. These predictions are based on both technical analysis of SUI's price history and the growing interest in SUI's ecosystem, particularly its involvement with stablecoins like USDSui. SUI is currently trading around $1.81, down 10%, but analysts believe this dip could be part of a larger setup for future gains.

Pi Network's price is holding steady around $0.22 despite a large number of new tokens being released. This stability is attributed to anticipation of upcoming network developments. A recent audit suggests the network is technically ready for its open mainnet launch, showing strong performance metrics like a high number of active nodes and transaction speed. The launch of a decentralized exchange (DEX) is expected between November 20 and 22, which would allow for transparent trading and price discovery. Pi Network has also achieved ISO 20022 compliance, facilitating integration with global banking systems. The Pi Network's gaming system now uses market-based pricing, reflecting the external market exchange rate for in-game fees. The Global Consensus Value remains at $314,207 per Pi as a community benchmark.

Bitcoin and Ethereum based investment funds in the U.S. experienced significant withdrawals on November 13th. Bitcoin funds saw outflows of $870 million, marking the second-largest withdrawal ever. Ethereum funds also faced outflows, losing $260 million over three days. However, Solana based investment funds saw positive movement, attracting $1.49 million in net inflows, and remaining the only crypto ETF sector with positive gains despite the overall cooling of investor interest in Bitcoin and Ethereum.

Ripple CEO Brad Garlinghouse expressed his excitement on X about increased institutional interest in XRP investment products. His statement follows the launch of the first spot XRP-based Exchange Traded Fund (ETF) by Canary Capital, which has begun trading on a U.S. exchange. This is a significant development as it provides a new avenue for investors to engage with XRP.

A recent report indicates UK wage growth remained weak in October, with starting salaries only slightly increasing from a four-and-a-half-year low. While some companies raised salaries to attract candidates, others stabilized or decreased wages due to market conditions and budget constraints. This data may influence the Bank of England's upcoming decision on interest rates, as policymakers assess whether inflation pressures are easing. The report also highlighted caution among businesses due to anticipated tax increases in the upcoming budget, despite slight improvements in hiring slowdowns and a surge in temporary billing. Business groups attribute job losses and rising inflation to a payroll tax increase implemented a year ago, as the Chancellor of the Exchequer prepares to present a challenging budget aimed at closing a gap in public finances, potentially impacting the recovering job market.

Wrapped Bitcoin (WBTC) is now available on the Hedera network, with BitGo acting as the custodian, mirroring the setup on Ethereum. This makes Hedera only the second network to have a true BitGo-minted WBTC, as opposed to a bridged or synthetic version. BitGo secures each WBTC with a 1:1 backing of real Bitcoin. WBTC brings significant liquidity to Hedera, with daily trading volumes between $400 million and $550 million. The integration includes LayerZero, enabling cross-chain interoperability for WBTC. Hedera's low fees and fast transaction speeds make it suitable for large-scale Bitcoin settlements, enhancing its appeal for institutional use.

Bitcoin spot ETFs experienced a significant outflow of $869 million. This marks the second-largest outflow ever recorded for these investment products. This means that investors collectively withdrew nearly $900 million more than they put into these ETFs, indicating a major shift in sentiment or strategy among holders of these Bitcoin-based investment funds.

Bitcoin's price has fallen below $97,000 after previously dropping below the $100,000 mark, a level not seen in five months. Trading volume has increased while open interest has decreased. Bitcoin is currently underperforming compared to gold, the S&P 500, and the Nasdaq. The price is testing a critical support level around $97,000-$99,000, with a potential further drop to $92,000-$94,000 if it breaks. The 50-day and 200-day moving averages are nearing a 'Death Cross,' a bearish indicator. Traders should monitor the $93,000-$95,000 support zone to determine if Bitcoin stabilizes or continues to decline.

Bitcoin's price has dropped to around $98,500, a 3% decrease in the last 24 hours. This decline is potentially linked to long-term Bitcoin holders (those holding for over 155 days) increasing their selling activity. These holders, traditionally considered unlikely to sell, have been reducing their Bitcoin supply, with the rate of selling accelerating recently. While they also sold during previous rallies in 2024, this current wave of selling coincides with a period of negative price movement for Bitcoin, suggesting some holders may be taking profits. The market's future direction depends on whether new buyers emerge to absorb this selling pressure and prevent a more prolonged downturn.

An XRP exchange-traded fund (ETF) from Canary Capitals, trading under the ticker XRPC, has been approved and began trading on Nasdaq on November 13, 2025. This is the first spot XRP ETF in the US. Before the announcement, larger investors (whales) increased their XRP holdings, followed by smaller, retail investors buying after the news. XRP's price is currently around $2.50, with support at $2.30. A close above $2.70 could lead to a rise towards $3.20-$3.50, while a drop below $2.30 might see it fall to $1.90. The market is watching to see if the whales will hold or sell their XRP holdings.

This week's crypto market analysis shows mixed performance for several cryptocurrencies. Ethereum (ETH) is down 4%, holding above $3,000 but showing signs of a potential bounce. Ripple (XRP) surprisingly increased by 3% due to the launch of its first spot ETF, but faces resistance at $2.43. Cardano (ADA) lost 3% and remains near 50 cents, struggling to move higher. Binance Coin (BNB) dropped 5%, losing support at $1,000 and potentially heading towards $900. Hyperliquid (HYPE) is in a bearish trend, down 4%, with $36 as a critical support level.

Luxembourg's Intergenerational Sovereign Wealth Fund (FSIL) has allocated 1% of its assets, approximately 7 million, exclusively to Bitcoin. The nation's Finance Minister, Gilles Roth, announced at Bitcoin Amsterdam 2025 that Luxembourg aims to be a leading adopter of Bitcoin through its sovereign wealth fund. While the fund's investment policy allows for other crypto assets, the decision was made to invest solely in Bitcoin, with the intention to hold the asset long-term. Luxembourg manages over 7.6 trillion in funds and has been developing a hub for cross-border fintech companies, including payment gateways and tokenization platforms. Despite previously flagging crypto businesses as high risk for money laundering, Luxembourg has been working to create a trusted environment for Bitcoin and digital assets, including regulating the first European crypto exchange, Bitstamp, nearly a decade ago.

Ethereum's price experienced a nearly 11.5% drop in the past 24 hours but has since recovered about 2.5%, trading above $3,230. This corrective movement has formed a bullish harami pattern, suggesting a potential reversal. However, the strength of this reversal is questionable because large Ethereum holders (whales) are reducing their holdings. The number of wallets holding over 10,000 ETH has been decreasing, mirroring a trend from early November. If the bullish pattern holds, Ethereum needs to overcome resistance near $3,333 and then $3,650. Overcoming $3,650, where a large amount of ETH last changed hands, would confirm the reversal. Conversely, if Ethereum falls below $3,150 and then $3,050, the bullish pattern would fail, potentially leading to further price declines.

Pi Network's price is currently around $0.2156, having decreased by about 4.8% recently, which experts attribute partly to the daily release of Pi tokens increasing the available supply and putting downward pressure on the price. A key element of Pi Network is its Dual Value System, which distinguishes between Internal Value, driven by activity within the Pi ecosystem, and External Value, which reflects market fluctuations. The Internal Value is currently around $314,150, demonstrating significant stability and internal trading volume, with 1.8 million active transactions across 127 apps. In contrast, the External Value is approximately $40.5908, showcasing greater volatility and being influenced by listings on 8 exchanges with $40.6 million in 24-hour trading volume. The network boasts 59.9 million pioneers, with a large percentage completing identity verification and engaging in 2.4 million daily transactions across 142 active apps. The internal value is significantly higher than its external market value, and some analysts believe that the two values might converge over time.

On November 14, 2025, the crypto market is experiencing a downturn. Bitcoin is trading between $97,000 and $98,000, facing downside pressure due to elevated leverage in the futures market. XRP is under pressure, holding just above the $2.20 to $2.26 range; a drop below this could send the price towards $1.90. Ethereum's price could fall towards the $2800 to $3000 support zone, though analysts still suggest accumulating it. Concerns are growing as the ISO 20022 update approaches on November 22, with fears that unpoliced wash trading could amplify market manipulation; some analysts predict President Trump may sign the Clarity Act by November 22 to prevent potential market chaos. Bitcoin may bounce towards the $93,700 to $94,700 range, but a weekly close below $99,000 may trigger a bearish structure.

On November 14, 2025, the crypto market is experiencing a downturn. Concerns are growing as the financial system prepares for the full implementation of ISO 20022 on November 22, with worries that unaddressed wash trading could worsen market manipulation. There's speculation that President Trump might sign the Clarity Act by November 22 to stabilize the market before Thanksgiving. Bitcoin is declining, having broken a key level, and a drop below $99,000 could lead to further price decreases. Analysts suggest a potential bounce towards the $93,700 to $94,700 range, but short selling remains the preferred strategy until the market shows strong signs of recovery. The total crypto market capitalization is mirroring Bitcoin's movements.

Nearly $5 billion in Bitcoin and Ethereum options are expiring today, which could cause price fluctuations for both cryptocurrencies. The Bitcoin options market shows cautious optimism, with the maximum pain point at $105,000, meaning many traders would experience losses if Bitcoin is near that price at expiration. More traders are betting on Bitcoin's price going up rather than down. The Ethereum options market also shows strong bullish sentiment, with the maximum pain point near $3,500. Significantly more call options (bets on the price going up) have been purchased for Ethereum than put options (bets on the price going down). The overall market is experiencing some uncertainty due to recent events like the U.S. government shutdown and upcoming Federal Reserve meetings, and traders should expect volatility as these options expire.

The U.S. government has reopened after a 43-day shutdown, leading to expectations of increased liquidity in the markets. Government spending will resume through the Treasury General Account (TGA), and the Federal Reserve is expected to end Quantitative Tightening in December, both actions will inject more money into the financial system. Regulators are also anticipated to take steps to prevent a year-end funding squeeze, potentially through tools like Term Funding programs and adjustments to the Supplementary Leverage Ratio (SLR). Globally, China and Europe are also expected to implement further stimulus measures. The U.S. is nearing a final stage for the CLARITY Act, a bill that will regulate digital assets. Federal Reserve officials are divided on whether to cut interest rates in December, with the decision to be made at the December 10 FOMC meeting. Bitcoin has recently dropped below $100,000 amidst this rate cut uncertainty.

The Canary Capital XRP ETF (XRPC) experienced a successful first day of trading, attracting $245 million in inflows. The ETF volume reached $26 million within the first 30 minutes. Despite this strong performance of the XRP ETF, the price of XRP itself has remained stagnant, causing concern among investors.

The stablecoin Tether's (USDT) dominance in the cryptocurrency market has increased to its highest level since April. This means that Tether accounts for a larger proportion of the total stablecoin market capitalization than it has in recent months. This increase in dominance suggests potentially increased demand for USDT, possibly indicating investors are moving into stablecoins, potentially as a safe haven asset amid market uncertainty, or to have funds readily available to buy other cryptocurrencies.

The Czech National Bank (CNB) has created a $1 million test portfolio that includes Bitcoin, a USD-pegged stablecoin, and a tokenized dollar deposit. This marks the CNB's first direct purchase of cryptocurrency. The portfolio, approved on October 30, will be kept separate from the bank's foreign reserves. The CNB aims to use this portfolio to understand Bitcoin, tokenization, and new payment systems. The CNB Lab will manage the project, assessing risks and monitoring AI use cases and payment rails. The entire portfolio accounts for only 0.0006% of the CNB's total assets. The CNB will test custody, transaction handling, security, and compliance. The project is scheduled to run through 2027-2028, after which the bank will assess the possibility of expanding, modifying, or terminating it.

Cash App has released an update allowing users to send Bitcoin via the Lightning Network, enabling near-instant transactions with no added fees, and to send and receive stablecoins within the app. The Lightning Network feature will soon be available to Cash App's 58 million monthly users, allowing them to pay from their USD balance over Bitcoin rails. This update signifies a strategic shift for Cash App, broadening its cryptocurrency offerings beyond Bitcoin. A new Bitcoin Map will help users locate merchants accepting Bitcoin through Lightning payments. Block Inc. aims to enhance Cash App's appeal and integrate blockchain features further, although the success depends on adoption, smooth operation, and adherence to regulations.

Solana's price has fallen below $150, indicating potential for further price decreases. It is currently trading below $150 and the 100-hourly simple moving average. A key bearish trend line is forming with resistance at $148. If Solana fails to overcome the $152 resistance, it could decline towards $142 and potentially $140. Breaking below $140 could lead to a drop towards $132 or even $120. Conversely, if bulls defend $142 or $140, a recovery wave might begin. Overcoming the $160 resistance could lead to further gains towards $172 and possibly $180. The MACD is bearish, and the RSI is below 50.

XRP, a cryptocurrency linked to Ripple, experienced a significant price drop of 7.3%. This decline occurred despite anticipation surrounding a potential XRP-based Exchange Traded Fund (ETF). The price decrease coincided with a broader selloff affecting Bitcoin and the overall cryptocurrency market. The expectation of an XRP ETF did not prevent the token's value from decreasing amid negative market pressure.

The article discusses the potential impact of a Ripple XRP ETF on the cryptocurrency market. It highlights that Canary Capital's XRP ETF was set to automatically launch on November 13th after the SEC failed to block it during a government shutdown because Canary utilized a clause in their filing. Bitwise and Franklin Templeton also have XRP ETF filings, but their approval may be delayed pending SEC review now that the shutdown has ended. Eleven XRP ETFs are listed on the DTCC, a prerequisite for launching. Ripple is also collaborating with Mastercard, WebBank, and Gemini to introduce XRP Ledger settlement for fiat credit card payments, beginning with the Gemini XRP Credit Card using Ripple's RLUSD stablecoin. This collaboration aims to speed up settlement times. The current XRP price is $2.40, with potential for institutional inflows via ETFs which could increase the price to $5 or $6 in the weeks after launch. However, large XRP sell-offs of 90 million XRP are also mentioned as a potential risk.

VanEck is preparing to launch a Solana (SOL) exchange-traded fund (ETF). The firm has filed the final required document, known as the 8-A filing, signaling that the ETF is nearing its official launch on a major stock exchange. This Solana ETF will allow investors to gain exposure to Solana without directly holding the cryptocurrency.

OKX has updated its mobile app to allow users to trade directly on decentralized exchanges (DEXs) within the app itself. The new feature supports trading on the Base, Solana, and OKX's X Layer networks. When users activate the DEX trading option, the app automatically creates a passkey-protected wallet and connects to over 100 liquidity pools to find the best prices for trades. Users can view token prices and switch between centralized and decentralized trades without leaving the app. This update simplifies the trading process by removing the need to use separate wallets or manually move assets, giving traders a hybrid trading experience.

Asian markets experienced a downturn as Bitcoin fell below $100,000 amid concerns about potential delays in interest rate cuts by the Federal Reserve. Japan's Nikkei dropped by 1.73% to 50,392, South Korea's KOSPI decreased by 3% to 4,045.44, and Hong Kong's Hang Seng declined by 1.13% to 26,767. Australia's S&P/ASX was down 1.44% to 8,627.5. The shift in market sentiment followed hawkish comments from the Fed, reducing the anticipated probability of a rate cut in December to 51%. Bitcoin's dip and ETH's 8.33% decline reflected broader market anxiety, and reports of potential Japanese cryptocurrency regulations further dampened investor sentiment. Derivatives markets are still recovering from a previous deleveraging event, indicating ongoing risk aversion among traders, with Binance Futures open interest remaining at $9 billion, below its prior $12 billion peak. Market participants are awaiting upcoming US economic data. The Federal Reserve officials' tone reflects persistent inflation worries.

Ethereum's price is recovering after the end of the 43-day U.S. government shutdown, which had negatively impacted investor confidence. Currently around $3,400, analysts predict a potential rise to $3,814 by November 18. However, Ethereum faces technical challenges with key support levels at $3,333 and $3,300 and resistance at $3,590 and $3,666. Ethereum ETFs have seen outflows of $107 million, indicating institutional caution. Vitalik Buterin outlined a scaling roadmap emphasizing the improved security and capabilities of the DeFi ecosystem, aiming for increased transaction speeds and broader adoption. A significant driver for Ethereum is the growth of tokenized real-world assets (RWAs), now exceeding $200 billion, with institutions like BlackRock and Fidelity utilizing Ethereum. RWA assets have increased nearly 2,000% since January 2024. Overcoming the $3,700 mark could signal a bullish market shift.

Canary Capital launched the first spot XRP ETF (XRPC) on Nasdaq, and it's exceeding expectations. Experts initially predicted a first-day trading volume between $15 million and $35 million, but the ETF reached $26 million within the first half-hour of trading. Analysts now believe it has a good chance of surpassing Bitwise's Solana Staking ETF (BSOL) to become the biggest ETF launch of 2025. BSOL recorded $57 million in volume on its first day. By midday, XRPC had already reached approximately $46 million. The launch comes after the US government shutdown ended, which had been expected to delay Altcoin ETFs. Canary Capital completed its regulatory filing with the SEC and received exchange approval just before the launch. XRP's price is currently at $2.30, down 3.3% for the day.

Bitcoin's price dropped below $68,000. Ethereum (ETH), Solana (SOL), and Cardano (ADA) also experienced significant declines of around 8%. This market downturn resulted in the liquidation of approximately $880 million worth of bullish investment positions, meaning traders who bet on the price going up lost their money.

On November 14, 2025, the cryptocurrency market experienced a significant downturn. Bitcoin's price fell below $98,000, and Ethereum dropped by over 6%. Most sectors, including NFTs, Layer 1s, DeFi, CeFi, and Meme tokens, saw losses averaging 2-7%. However, some cryptocurrencies like STRK, MOG, and TEL showed positive movement. Despite the overall market decline, Anchorage Digital received 4,094 Bitcoin, worth $405 million, from Coinbase, Cumberland, Galaxy Digital, and Wintermute within nine hours, suggesting institutional investors may be buying during the price dip.

Canary Capital's new XRP ETF, called XRPC, had a very successful launch, with over $58 million in trading volume on its first day, making it the most successful ETF debut of the year. This beat out other new ETFs, including one focused on Solana. The ETF is designed to allow institutions like pension funds and hedge funds to invest in XRP without directly holding the cryptocurrency. Despite the success of the ETF, the price of XRP itself fell by about 5%, trading at $2.3, as the broader crypto market also experienced a downturn. However, there is a positive outlook for XRP in the coming months, driven by decreasing supply on exchanges and growing institutional interest.

Canary's XRP Exchange Traded Fund (ETF) launched and recorded $58 million in trading volume on its first day. This debut volume exceeds that of all other ETFs launched in 2025 thus far. The XRP ETF provides investors exposure to XRP, a cryptocurrency.

A new investment fund tied to the cryptocurrency XRP, called the Canary XRP ETF (XRPC), has launched and attracted $245 million in investor money on its first day. This is a significant amount, exceeding the initial investment seen in similar funds focused on the cryptocurrency Solana. This indicates strong early interest in this new way to invest in XRP.

Bitcoin's price dropped below $100,000, causing concern in the crypto market. This fall was due to large sell-offs, long-term holders selling their Bitcoin, and broader economic factors. Despite Bitcoin's struggles, some other cryptocurrencies like Ethereum, XRP, and Solana have remained relatively stable. This is because they attract different investors, have ongoing improvements and partnerships, and are less affected by institutional trading compared to Bitcoin. However, it's important to remember that these altcoins could still be affected if Bitcoin continues to decline. Key levels to watch are $93,000-$100,000 for Bitcoin, and $3,000 for Ethereum, as breaking these levels could lead to further price drops. The overall crypto market will likely be influenced by economic factors like interest rates and the stock market.

The article discusses the potential for XRP investors to achieve substantial returns, specifically turning a $5,000 investment into $1 million. This scenario would require XRP's price to significantly increase into the triple-digit range.

Ripple's XRP token has seen a price increase recently, and some analysts predict this trend will continue. A key reason for this optimism is the approval of the first spot XRP ETF (exchange-traded fund) in the U.S., called XRPC, which began trading on the Nasdaq. This allows investors to easily invest in XRP through a regulated product, similar to buying stocks. Robinhood has also listed XRPC. Additionally, more XRP is being moved off of exchanges and into personal wallets, reducing the immediate pressure to sell. The XRP network is also showing strong activity, with high numbers of daily payments and new accounts being created. However, large investors have sold off about 1.4 billion XRP tokens recently, potentially increasing the supply and potentially causing the price to decrease if demand doesn't keep up.

VanEck has filed a Form 8-A with the SEC for its proposed Solana ETF, indicating that the launch of the ETF is in its final stages and approval for trading could be imminent. The ETF, which will hold SOL tokens and track its price using the MarketVector Solana Benchmark Rate, is expected to be listed on the Nasdaq Stock Market under the ticker symbol VSOL. VanEck may stake a portion of its SOL holdings, depending on regulatory and tax considerations. The ETF will be passive, without derivatives or leverage, and aims to reflect the performance of SOL minus expenses. The market anticipates that the filing will clear exchanges to initiate listing approval and trading shortly, potentially impacting SOL trading behavior as investors prepare for the ETF's launch.

XRP's price has fallen from $2.550, indicating a potential for further declines if it drops below $2.250. It failed to sustain gains above $2.50, leading to a decrease below $2.450 and $2.420. Currently, it's trading below $2.40 and the 100-hour Simple Moving Average. A contracting triangle pattern suggests resistance at $2.235. If XRP can't overcome the $2.40 resistance, it might decline further towards $2.20, with major support at $2.250 and $2.120. Conversely, if it breaks above $2.40, it could test higher resistances at $2.450, $2.520, and potentially $2.580.

Bitcoin's price fell below $100,000 in Asian trading, mirroring a broader downturn in global markets. This drop occurred as investors reduced their expectations for an imminent interest rate cut by the U.S. Federal Reserve, driven by renewed fears of inflation following hawkish statements from Fed officials. The overall crypto market capitalization decreased by 3.8%. The decline in Bitcoin also coincided with a net outflow from Bitcoin ETFs. Stock markets also experienced significant losses, with major indices in the US and Asia all declining, especially in the tech sector. Concerns about inflation and uncertainty about future monetary policy contributed to the negative sentiment.

Early Bitcoin investors are selling some of their holdings, often to reinvest in Bitcoin ETFs, which offer tax advantages. This shift indicates that Bitcoin is becoming more like 'digital gold' – a stable asset – rather than a high-growth investment. Some large, early Bitcoin holders are moving their coins into regulated markets through ETFs, providing tax benefits and institutional custody. For example, one trader moved 3,549 Bitcoin to an exchange, and an early Bitcoin 'whale' redistributed 16,000 Bitcoin worth $1.7 billion in early November. These investors are also exploring other blockchain networks like Avalanche, Polkadot and Bittensor, signaling a move away from focusing solely on Bitcoin. Bitcoin's growth rate has slowed, and its price swings are becoming less extreme due to institutional investment. Investors are taking profits from Bitcoin and seeking higher returns in other crypto ventures, showing that the strict focus on Bitcoin alone is diminishing as the crypto market matures and investors adopt broader investment strategies.

The Bitcoin Fear & Greed Index, which measures investor sentiment in the cryptocurrency market, has dropped to 15, signaling "extreme fear." This is the lowest level since early March. The index uses factors like trading volume, volatility, market cap dominance, social sentiment, and Google Trends to gauge market sentiment on a scale of 0 to 100. Historically, extreme fear has sometimes coincided with market bottoms, but not always. Bitcoin is currently trading around $30,100, down 2% in the last 24 hours. It is uncertain whether the current fear level will lead to a market bottom or if sentiment will worsen further.

Bitcoin is facing resistance below $105,000 as an early Bitcoin investor, Owen Gunden, sold approximately 6,100 BTC worth $616 million after holding since 2011. This sale reduced his holdings to $542 million. The market is consolidating around the $100,000-$105,000 range, with buyers showing support near $100,000. Bitcoin's price is struggling to break above its 50-day and 100-day moving averages, while the 200-day moving average around $98,000 acts as a major support level. The market is currently range-bound, and a break below $100,000 could lead to further price declines.

BNY Mellon has launched the BNY Dreyfus Stablecoin Reserves Fund (BSRXX) to help stablecoin issuers comply with the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), which takes effect in July 2025. The fund invests in highly liquid, short-term assets and is designed to meet the reserve requirements outlined in the GENIUS Act, which requires stablecoin issuers to hold high-quality, short-maturity securities to back their tokens. BSRXX is a traditional money-market fund, not a tokenized asset, and is available to U.S. dollar-pegged stablecoin issuers and other qualified institutional investors. Some project the stablecoin market could reach $1.5 trillion by 2030, increasing the need for regulatory-compliant reserve instruments like BSRXX.

Canary Capital's XRP ETF (XRPC) launched and became the biggest ETF debut of the year with over $59 million in first-day trading volume, surpassing $BSOLs record. Canary Capital CEO Steven McClurg believes the ETF will help investors understand XRP's utility in global payments. While some predict XRP could reach prices as high as $1,000 or $10,000, McClurg considers those valuations too high. However, he stated that XRP reaching $10 within the next three to four years is realistic, based on its role in global payments. He anticipates that the ETF will increase institutional interest and liquidity in XRP.

Canary Capital's XRP ETF (XRPC) launched and became the biggest ETF debut of the year with over $59 million in first-day trading volume. Canary Capital CEO Steven McClurg believes that XRP reaching $10 within the next three to four years is achievable, citing its role in global payments and the increasing mainstream understanding of its utility through the ETF. He cautioned against predictions of extremely high XRP prices like $1,000 or $10,000, but highlighted that the ETF's strong demand could accelerate XRP adoption by institutions and individual investors alike. The successful ETF launch is seen as a positive step towards XRP reaching double-digit values.

Investigators have linked unusual trading activity in the POPCAT market on Hyperliquid to a coordinated effort involving 26 wallets and a $25 million buy wall. This action created price distortions, resulting in a $4 million loss for the attacker and a $4.9 million loss for Hyperliquid's liquidity providers. By tracing the flow of funds, researchers have connected these wallets to previous market manipulation activities and ultimately to wallets associated with BTX Capital and its founder. The pattern suggests a strategy where the attacker manipulated the price on Hyperliquid while taking an offsetting position on a centralized exchange to profit from the artificial price movement.

The crypto market experienced a downturn, with Bitcoin dropping below $100,000 to around $98,000 before slightly recovering, influenced by concerns about the Federal Reserve's potential interest rate cuts and long-term holders selling off large amounts of Bitcoin. Trading volume for Bitcoin increased significantly, signaling a battle between buyers and sellers. Ethereum also fell, testing support at $3,200, and is trading significantly below its recent high. Despite the price drop, some institutions continue to show interest in Ethereum. In separate news, the Czech National Bank added Bitcoin to its reserves as part of a pilot program, and Jack Dorsey's Block Inc. is shifting focus towards stablecoins.

Ethereum's price has fallen over 5% after failing to stay above $3,350, increasing the likelihood of a further price drop. It's currently trading below $3,350 and faces resistance around $3,350 and $3,500. If it breaks above $3,500, the price could rise towards $3,650 or even higher. However, if Ethereum fails to surpass the $3,350 resistance, it could decline further, with initial support around $3,150. A break below $3,150 could lead to a drop towards $3,050 or even $3,000. Technical indicators suggest bearish momentum is increasing.

Shiba Inu (SHIB) has partnered with Unity Nodes to enter the telecommunications market, estimated to be worth $2 trillion annually. This partnership aims to shift SHIB from a meme coin to a digital asset with real-world utility. Unity Nodes operates a blockchain-based network where users can verify and improve telecom infrastructure using their mobile devices, earning crypto rewards in return. SHIB will be accepted as a payment method within Unity Nodes, and users purchasing nodes with SHIB will receive a 5% bonus on licenses. Node operators can also receive rewards directly in SHIB, and the Shiba Inu team will earn referral rewards for purchases made using their code, further integrating SHIB into the telecom network.

Bitcoin's market is now largely driven by institutional investors rather than individual retail investors. Spot Bitcoin ETFs hold over 1 million BTC, about 5% of the total supply, with daily inflows averaging $300 to $500 million, reaching nearly $60 billion in cumulative assets. Major global asset managers are indirectly exposed to Bitcoin through these ETFs, though much of this Bitcoin remains inactive. Recently, Bitcoin ETFs saw significant inflows, indicating institutional accumulation, even as retail investors show some hesitancy. Analyzing ETF flow data, alongside price action, can help determine market sentiment, with large outflows not impacting price suggesting bullish sentiment and heavy inflows failing to raise price indicating potential market tops.

Bitcoin, XRP, Solana, and Ether are experiencing price decreases, while gold and silver are increasing in value. This indicates a shift in investor preference away from certain cryptocurrencies and toward precious metals.

The Independent Community Bankers of America (ICBA) is urging the Office of the Comptroller of the Currency (OCC) to reject Sony Bank's application to create Connectia Trust, a national trust bank that would issue a stablecoin pegged to the US dollar. The ICBA argues that Sony's plan exceeds the permissible scope of trust banks, potentially misleading customers by resembling bank deposits without providing FDIC insurance or adhering to the Community Reinvestment Act. They also raise concerns about the lack of transparency in Sony's application regarding reserve details, redemption procedures, and contingency plans, as well as the OCC's ability to handle a potential collapse of Connectia and manage its crypto custody during a receivership. The ICBA believes approval would blur the line between banking and commerce and disadvantage community banks.

Dogecoin's price chart shows a pattern similar to those seen before its major price surges in 2017 and 2021. Technical analysis suggests Dogecoin is consolidating in a weekly accumulation zone, a phase historically followed by breakouts. One analyst predicts a potential 5x rally towards $1, while another suggests targets of $2 and $5 based on historical patterns, potentially offering a 10x to 33x upside from current levels. If Dogecoin continues to form higher lows and breaks through upper resistance with volume, it could potentially reach $0.80 or higher.

Bitcoin's price has fallen below $100,000, failing to recover above $104,000. It's currently trading below this mark and the 100 hourly Simple Moving Average, indicating a potential for further decline, possibly below $98,000. A bearish trend line is forming, suggesting resistance around $102,200. If Bitcoin cannot break through the $102,200 resistance, it could decline towards support levels at $98,500, $98,000, and potentially as low as $95,000. Conversely, if it breaks the resistance, it might rise towards $103,500 and potentially higher. Technical indicators show the MACD gaining bearish momentum and the RSI below 50.

Aster DEX has completed $214 million in token buybacks as of November 13th, with daily buybacks of $2 million to $3 million since October 28th. This initiative has repurchased over 143 million ASTER tokens, accounting for 7.11% of the total supply. The buybacks are funded through protocol revenue and the treasury. These repurchased tokens will be prioritized for distribution in the upcoming S3 airdrop. Binance founder Changpeng Zhao's purchase of over $2 million in ASTER tokens spurred further interest in the token. While ASTER's price has fluctuated recently, with a drop of over 4.6% in the past 24 hours to $1.09, it has also seen a surge of 6.3% over the past week. Aster DEX has also integrated new trading pairs to boost fee-generating activity. The buyback program was initially launched after DeFiLlama delisted Aster's trading volume data due to suspicious activity, leading to a temporary price drop.

A U.S. District Judge has denied Apple and OpenAI's motion to dismiss a lawsuit brought by Elon Musk's XCorp and xAI, allowing the case to proceed. The lawsuit alleges that Apple and OpenAI conspired to limit competition in the artificial intelligence market by integrating OpenAI technology into iPhones and iPads, potentially restricting consumer choice and hindering the development of new AI tools. XCorp and xAI argue this agreement favors OpenAI and restricts market access for competitors. Apple defends its actions, stating it doesn't have an exclusive agreement with OpenAI and plans to work with other AI developers, maintaining the iPhone as a multi-application platform. OpenAI dismisses the lawsuit as a personal vendetta by Musk. Both sides must now file additional paperwork, and the case could potentially go to trial, possibly altering how Apple and OpenAI operate in the AI sector. The outcome could impact market access for AI competitors and the choices available to consumers.

The Ethereum Foundation, along with Vitalik Buterin, released the Trustless Manifesto to reinforce the importance of decentralization, censorship resistance, and neutrality within the Ethereum ecosystem. The manifesto advises developers to avoid using centralized solutions that could compromise Ethereum's core principles. It stresses that true 'trustlessness' cannot be added as an afterthought. The Foundation also shut down the Holeky testnet because recent upgrades like PeerDAS and the completion of the Pectra upgrade made it obsolete. Holeky was used to test new features, but faced validator inactivity and operational challenges.

Arbitrum (ARB) is currently priced around $0.27, experiencing a slight decrease. Its price is struggling to break past the $0.30 mark, facing resistance and a downward trend. Failure to surpass $0.30 could lead to a drop towards $0.25. However, Arbitrum's network shows positive signs with over $16 billion in total value secured, nearly $9 billion in stablecoin depth, and over $1 billion in real-world asset integration, along with $815 million in bridge inflows over the past month. A critical support zone is between $0.265 and $0.279; holding above this level is essential for a potential rebound towards $0.30-$0.31. Successfully reclaiming this zone could lead to a further increase to around $0.33. The article suggests that while the short-term price action is weak, strong underlying on-chain activity offers hope for a future recovery, pending technical confirmation.

Fidelity Digital Assets research indicates that long-term Bitcoin holders are the primary sellers in the current market, despite visible buying from spot Bitcoin ETPs and corporations. This selling pressure is attributed to investor fatigue due to Bitcoin's underperformance compared to gold and the S&P, as well as long-term holders making year-end tax and positional changes after an anticipated bull run didn't fully materialize. On-chain data shows a gradual decrease in the percentage of Bitcoin that hasn't moved in over a year, suggesting a consistent, slow selling trend from these long-term holders. CryptoQuant data suggests that long-term holders have already released a volume of supply comparable to the 2021 cycle with a roughly 10-percentage-point reduction in inactive supply over a longer period. Researchers are monitoring seller exhaustion, noting a divergence between positive fundamental developments and recent Bitcoin price action. Bitcoin was trading at $102,609 at press time.

In a single day, 149 million XRP, worth about $336 million, were removed from cryptocurrency exchanges. This significant outflow, representing over two percent of the total XRP supply on exchanges, suggests investors are moving their XRP into private storage rather than preparing to sell. This withdrawal coincides with increasing anticipation of a potential Spot XRP ETF launch in the US, possibly as early as this week. The expectation of an ETF is influencing investor behavior, as seen with Bitcoin and Ethereum ETFs, where approval led to increased demand and inflows. Reduced XRP availability on exchanges due to this outflow could amplify price reactions if the ETF is approved and attracts substantial investment. At the time of writing, XRP is trading at $2.50, up by 3.8% in the past twenty-four hours.

Tokenized equity markets on Hyperliquid are experiencing rapid growth. Following the earlier launch of tokenized Nasdaq futures (XYZ100) by TradeXYZ, several protocols have introduced perpetual contracts for individual stocks, including TSLA (Tesla), NVDA (Nvidia), and SPACEX. TradeXYZ and Felix Protocol both launched TSLA perpetuals, while Ventuals launched SPACEX. While XYZ100 maintains the highest volume and open interest in the HIP-3 sector, TradeXYZ's NVDA and TSLA markets are gaining traction, with a combined 24-hour volume of $26 million and open interest of almost $9 million.

Binance announced the listing of two new cryptocurrencies, BANK (Lorenzo Protocol) and MET (Meteora), under its Seed Tag, which indicates high risk and high potential. Immediately following the announcement, BANK experienced a rapid price surge of over 8090%, increasing from approximately $0.07 to around $0.09. Conversely, MET's price decreased by about 78% despite a 33% increase in trading volume. Trading for both tokens is scheduled to begin on November 13th at 2:00 PM UTC in USDT, USDC, and TRY pairs, with deposits opening one hour prior. Withdrawals for both tokens will be delayed until November 14th. Both BANK and MET were previously available on Binance Alpha Market before being listed on the main exchange.

The Solana-based memecoin Popcat experienced a surge in trading volume, spiking over 500% amid rumors of market manipulation on the Hyperliquid DEX. This sudden increase in activity led to a significant downturn, resulting in the liquidation of over $63 million in long positions, including one substantial $21 million position. The price of Popcat dropped nearly 20%, and futures volume increased by over 1100% reaching approximately $1.2 billion. Popcat's ranking among Solana memecoins also declined. The article suggests that the support level of $0.1029 is crucial for Popcat to avoid further price declines.