The exchange is adding new USD1 trading pairs and replaces BUSD collateral with the token.
Binance added a new API endpoint for signing a “TradFi-Perps agreement contract,” signaling early work for potential stock perpetual futures.
Binance has launched a private indication of interest feature for large spot and loan orders, saying it is the first crypto exchange to do so.
Despite a noticeable cooldown in trading volumes, Bitcoin’s underlying market structure has continued to strengthen. The price action has stabilized within a narrow range as long-term holders maintain firm conviction. As more BTC flows into cold storage and supply on exchanges tightens, the market is transitioning from hype-driven swings to steady structural support. How The Price Compression Builds Energy For A Larger Move CIO and founder of MNFund and MNCapital, CryptoMichNL, emphasized that Bitcoin shares a strong correlation with the Nasdaq. While Nasdaq continues to show steady resilience, BTC has stalled behind. This mismatch creates a mispricing and market divergence, which is why the path toward $100,000 remains wide open and why the 4-year cycle thesis doesn’t hold up. Related Reading: Did 2025 Mark A Bear Market For Bitcoin? Predictions Point To A $150,000 Rally In 2026 Recently, BTC saw a massive correction, dropping from $115,000 to $80,000 in just two weeks. During that same liquidation period, what LVisserLabs calls the rotation between Pure Vol vs. Pure Profitability or Beta vs. Quality has fallen sharply. Beta here refers to high-volatility, high-beta stocks, which are essentially tech stocks that drive the markets. Meanwhile, Quality means more risk-off assets, including high-quality, profitable, and stable companies. Currently, BTC has stalled after the sell-off, and the Beta assets have recovered substantially, implying that the stocks have inverted their loss with the big drop and are now grinding upwards, signaling that risk-on appetite is clearly back. With this kind of structural divergence, it’s likely that in the coming weeks or months, BTC will grind upward to $110,000 and $115,000 levels, reversing the drop as the entire correction was a little dubious. CryptoMichNL advised that instead of relying on a time-based sounding the 4-year cycle assumption, it is better to focus on the charts and macro relationships that directly influence BTC price. On-Chain Activity Shows Clear Confidence From Big Money The ambassador of StandXOfficial and the KOL of Binance, who is also an advisor at KOLsAgency, Investor Ucan, has highlighted that the evidence of Bitcoin’s latest upward move is already on-chain. The last six hours have revealed a clear surge of institutional demand. On-chain data shows that Binance purchased 7,298 BTC, Coinbase bought 1,362 BTC, Wintermute bought 2,174 BTC, BlacRock bought 1,362 BTC, and an unknown whale bought 6,192 BTC. In total, 20,438 BTC were purchased in just six hours, valued at approximately $1.9 billion. Related Reading: Bitcoin Settles In Consolidation Zone – Levels To Watch Ucan noted that the timing of this purchase is what stands out. These inflows hit the market hours before the Federal Reserve’s upcoming employment data was released. Institutional is clearly expecting a supportive outcome. A positive print refers to easing expectations and fresh liquidity on the horizon. Retail traders are reacting, and the institutions are anticipating early. If the Fed confirms what these flows imply, today’s buying won’t look like simple momentum, but preparation. Featured image from Pixabay, chart from Tradingview.com
The hacker spent 19,479 USDT to buy 21.16 million of the tokens, making around $55,000 from the subsequent pump, according to Lookonchain.
Shiba Inu has recorded a notable surge in spot trading activity on several exchanges over the last seven days. This provides a bullish outlook for the second-largest meme coin by market cap, which has been one of the underperformers in this market cycle. Shiba Inu Sees Surge In Spot Trading Activity CoinGlass data show a 154% surge in Shiba Inu USD spot trading volume on Kraken over the last seven days. There has also been a significant surge on other major exchanges, such as Binance, Bybit, OKX, and Gemini, during the same period. This indicates that spot buyers may be stepping in to defend the SHIB price at a critical support amid the broader crypto market decline. Related Reading: Will A Shiba Inu ETF Follow After Dogecoin? The Lone SHIB Filing Standing Against The Crowd Notably, Shiba Inu is one of the altcoins that are in the green over the last week, suggesting that the bulls may be in control at the moment. CoinMarketCap data shows that the second-largest meme coin by market cap is up almost 7% during this period despite Bitcoin’s choppy price action. Meanwhile, further data from CoinGlass also shows that most leverage traders are currently betting on an increase in the Shiba Inu price, with the long/short ratio currently above 1. However, it is worth noting that derivatives volume is down by over 10% and open interest is down by almost 4%, which presents a bearish outlook for the meme coin. Another positive for Shiba Inu, besides the surge in spot trading volume, is that the Fed is likely to cut interest rates again at this week’s FOMC meeting. This could inject more liquidity into the crypto market, with altcoins like SHIB benefiting from it. Meanwhile, Bitcoin is currently looking to hold above the psychological $90,000 level, which could pave the way for higher prices for SHIB given their positive correlation. Community Gives Update On SHIB’s Progress In an X post, Shiba Inu community member Shibizens gave an update on SHIB’s progress over the last few days. The community member noted that over 45 billion SHIB have been moved off exchanges, indicating that holders are accumulating. Shibizens also alluded to a $35 million whale transfer into a private wallet, suggesting that SHIB whales are also bullish. Related Reading: Will The Shiba Inu Price Hit A New All-Time High In 2025? Machine Learning Algorithm Answers Furthermore, Coinbase is set to launch Shiba Inu futures on December 12 for institutional and retail investors, which could boost the meme coin’s adoption. Meanwhile, NYSE Arca has filed the 19b-4 for T. Rowe’s Shiba Inu ETF, bringing the ETF one step closer to launch. Shibuzens also highlighted upgrades on the Shibarium network, which could provide a major boost for SHIB. This includes the RPC upgrade, while a full privacy upgrade has been confirmed using encrypted tech. There are plans to roll this out by next year. At the time of writing, the Shiba Inu price is trading at around $0.000008498, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Peakpx, chart from Tradingview.com
Abu Dhabi’s Financial Services Regulatory Authority has granted licenses to three Binance entities covering exchange, clearing, and brokerage functions.
The Binance Blockchain Week event in Dubai became the center of a high-stakes showdown between traditional and digital innovation, with Bitcoin and gold going head-to-head. Investors, tech enthusiasts, and financial experts watched closely as Binance founder Changpeng Zhao expertly debated renowned Bitcoin critic Peter Schiff, making a compelling argument for why Bitcoin is better than gold. Binance Founder Dominates Bitcoin And Gold Debate During the Binance Blockchain Week in Dubai, Schiff and CZ faced off in a high-profile debate over the value of Bitcoin versus Gold. Schiff defended gold as a safe, stable, and tangible asset while the Binance founder made a compelling case for Bitcoin’s adoption, utility, value, and global reach. Related Reading: Crypto CEO Says Bitcoin Was Never Meant To Be ‘Digital Gold’ – So What Is It? Throughout the debate, which lasted over an hour, CZ consistently demonstrated the practical advantages of Bitcoin, leaving Schiff’s gold argument largely on the defensive. The Binance founder emphasized Bitcoin’s transparent and predictable supply and its role in the modern financial systems. He pointed to hundreds of millions of users who rely on Bitcoin for payments, savings, and transfers. Schiff argued that Bitcoin lacks inherent value and is mainly driven by hype and faith that its price will rise. He stated that gold remains tangible, centuries old, scarce, and valuable in industry, making it superior to BTC. He further asserted that “nobody needs” Bitcoin and that the cryptocurrency is “backed by nothing.” Practical demonstrations played a key role in the debate between Schiff and CZ. The Binance founder explained how Bitcoin and crypto payments already improve financial efficiency, especially in emerging markets. Schiff questioned whether these transactions truly count as money, since merchants ultimately receive traditional currency. CZ’s response highlighted the importance of adoption and network effects, noting that people who use BTC directly for payments give it real-world significance. The debate also considered the preferences of younger generations. CZ asked Schiff whether millennials and Gen Z favoured Bitcoin or gold. The Bitcoin critic responded sharply, suggesting that they would choose gold. He pointed out that, with many young investors losing money on BTC, gold offers a safer, more appealing alternative. The Binance founder countered that younger people understand digital value more intuitively and prefer mobile, borderless, and censorship-resistant assets. Digital Value And The Future Of Money The debate between CZ and Schiff also highlighted the changing definition of money. Bitcoin functions as a decentralized network that enables instant settlement and transparent verification. Its adoption has also helped evolve the financial economy, facilitating faster and more seamless cross-border payments. Schiff argued that gold’s scarcity and industrial demand preserve its value and make it a reliable hedge against economic uncertainty. Related Reading: What Happens To The Bitcoin Price If It Follows Gold? Tokenization also became a point of agreement during the discussion, with Schiff emphasizing that gold can be digitized and tokenized for easier ownership and distribution without moving the physical metal. CZ contended that Bitcoin offers similar advantages while also enabling global financial inclusion. They also discussed the supply of both assets, with the Binance founder noting that Bitcoin has a visible supply, while gold doesn’t. They also talked about the performance of both assets over the years. Schiff argued that gold had outperformed BTC over the past four years. CZ contended that Bitcoin has far outpaced gold over the last 8 years, and since its launch in 2009, it has skyrocketed from a few cents to an ATH above $126,000. He concluded his debate, predicting that Bitcoin’s growth will outpace gold over time. Featured image from iStock, chart from Tradingview.com
Longtime gold advocate Peter Schiff said bitcoin’s demand is fading despite ETF inflows, corporate accumulation, and intense market hype.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Yi He will lead the company alongside previous solo CEO Richard Teng, the exec announced during Binance Blockchain Week.
The new leadership role was announced by the current Binance CEO Richard Teng at Binance Blockchain Week in Dubai.
A sudden drop in XRP balances across major crypto exchanges has led to speculations about how this might affect the cryptocurrency’s price action. The movement was highlighted by analyst Vincent Van Code, who explained that the transfers are not simply a sign of long-term holders scooping up supply. Instead, he pointed to the expanding influence of newly launched Spot XRP ETFs, which are now absorbing a significant share of market activity that once took place on retail platforms. ETF Demand Is Pulling Liquidity Away From Exchanges Van Code noted that billions of XRP leaving Binance, Upbit, and Kraken are largely flowing into ETF custodial wallets. This changes the way the market reacts to buying and selling pressure because retail exchanges now operate with thinner liquidity. When daily trading volume on those platforms averaged around the multi-billion-dollar range, it required very large orders to create noticeable price movement. Related Reading: Why XRP Will Not Reach $100 By End Of Year Despite ETF Launch Now that volume has contracted, even moderate-sized trades can produce sharp intraday swings. The effect is a market environment that is fundamentally supported by ETF buying, yet increasingly sensitive to smaller sell-offs or sudden bids. Even as exchange liquidity drops, Van Code noted that high-frequency trading firms are preventing price dislocations. These groups have already mastered the arbitrage models used in Bitcoin and Ethereum ETFs, and they have now adapted the same systems for XRP. Whenever the ETF price drifts above or below its underlying value, the bots immediately correct the gap, keeping both markets tightly aligned. This mechanism makes sure that XRP still gets purchased during ETF creation events and provides a layer of structural stability, even though retail charts may begin to show more frequent spikes and dips. What This Means For XRP’s Approach To New Price Highs In Van Code’s view, the long-term picture for XRP is strengthened by this shift, even though the short-term experience for traders may become more uncomfortable. When XRP enjoyed daily spot volumes in the range of $2 billion to $3 billion on exchanges, you would typically need more than $200 million in concentrated buying or selling to push the price 5% to 10% in either direction. Related Reading: Analyst Predicts 10x Rally For XRP Price If This Trend Repeats Now that on-exchange volume has dropped toward levels below $1 billion a day, the equation looks very different. A sell order or resistance wall of around $15 million can now swing XRP by roughly 12% to 18% within a single hour in these thinner conditions. However, the saving grace is these arbitrage bots. According to the analyst, XRP is still on track to reach $5. However, until the price adapts to reduced spot volume on exchanges, traders should be prepared for air pockets up to 20% in price, where relatively modest buy or sell flows can cause outsized moves. Featured image from Peakpx, chart from Tradingview.com
A new staff report released by House Judiciary Committee Ranking Member Jamie Raskin alleges that President Donald Trump has significantly utilized the presidency to expand his personal wealth through cryptocurrency ventures. The report, titled Trump, Crypto, and a New Age of Corruption, outlines a series of findings suggesting that the Administration’s policy decisions, including the […]
The post How Trump’s crypto empire became the center of a new influence economy appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Based on reports, victims of the October 7 attacks in Israel have filed a federal lawsuit against Binance and its founder, Changpeng “CZ” Zhao, claiming the exchange allowed large crypto flows to militant groups. Related Reading: Bitcoin Creator Somehow Becomes ‘Poor’ By Losing $41 Billion Without Saying A Word The complaint lists 306 American plaintiffs who say they were killed, injured, or taken hostage and are demanding damages. Dormant Accounts Draw Scrutiny According to the filing, the plaintiffs allege Binance helped move more than $1 billion for Hamas and other US-designated groups over several years. They claim that more than $50 million passed through the platform after the October 7, 2023 assault. These figures sit at the center of the case and could shape the request for compensatory and treble damages. The complaint also highlights unusual account activity that lawyers say should have triggered alarms. One example involves an account tied to a Venezuelan woman linked to a Brazilian livestock business. Binance Holdings faces a lawsuit claiming the cryptocurrency platform “knowingly facilitated” crypto transactions by Hamas before the group attacked Israel on Oct. 7, 2023, killing 1,200 people and taking 250 hostages. https://t.co/B3rO7bAjN6 — The Japan Times (@japantimes) November 25, 2025 Reports say the account received over $177 million in deposits after opening in 2022 and later sent out more than $130 million in withdrawals. Attorneys argue that movements of this size should have been examined more closely. Large Sums And Strange Flows Based on reports, the plaintiffs argue that Binance’s controls were weak or ignored, allowing questionable transfers to move across borders. The lawsuit lists alleged links to Hamas, Hezbollah, Palestinian Islamic Jihad, and Iran’s Revolutionary Guard. Lawyers claim the platform became a tool for shifting money while avoiding standard financial checks. Binance has said it complies with international sanctions laws and has denied having any special ties to terrorist groups. Its legal history forms part of the background: in late 2023, the company pleaded guilty in a major federal case and paid a $4.32 billion penalty tied to anti-money-laundering and sanctions violations. That earlier case, along with Zhao’s four-month prison sentence, is referenced in the new complaint. Related Reading: Bitcoin’s Sudden Volatility Jump Signals Options Could Be Calling The Shots—Analyst Legal Stakes And Future Impact The new lawsuit seeks damages under a US anti-terrorism law that can triple any award. If the plaintiffs succeed, the financial and reputational impact on Binance could be severe. The complaint was filed in federal court in North Dakota and is separate from another case in Manhattan that is already moving through the court system. The filing also recalls that Zhao’s prison sentence was later followed by a pardon from US President Donald Trump, something the plaintiffs point to as part of the exchange’s complicated legal path. They argue this new lawsuit is necessary to push for accountability after years of what they see as weak controls. Featured image from alliance / Zumapress.com, chart from TradingView
Binance allegedly facilitated the transfer of over $1 billion to sanctioned entities including Hamas and Iran's Revolutionary Guard Corps, a lawsuit said.
Just over a month ago, when BTC made an all-time high above $126,000, this ratio was sitting at multi-year lows below 0.6.
The lawsuit claims Binance knowingly facilitated Hamas to move funds before the militant group's 2023 attack on Israel.
Analysts note that the XRP price is showing unusual resilience, as a key metric previously seen before short-term rebounds reappears on its chart. In a new technical analysis, crypto market expert Dom points out that the latest market setup mirrors conditions that have led to at least a 10% surge each time this pattern emerges. Recurring Metric Signals 10% XRP Price Surge In an X post released while XRP was still trading around $2.19, Dom highlighted a familiar technical signal, noting that past appearances of a bid-skew metric on the chart have consistently led to sharp price recoveries. As a reflection of its previous stability, the analyst stated the XRP had displayed incredible strength over the last several days, trading above the $2 level. Related Reading: Analyst Claims XRP Price Will Surge To $220 Due To ETFs, But Is This Possible? Even as the Bitcoin price plummeted by more than $15,000 in the past few days, the analyst pointed out that XRP had maintained its local low from November 5. The accompanying chart highlights this divergence between XRP and BTC, where the altcoin’s structure holds its range despite the widespread market downturn. Historically, when XRP has shown such strength during periods of Bitcoin weakness, Dom notes that it has signaled countless price reversals. The analyst further highlighted that over the past three months, every time the recurring bid-skew pattern appeared, XRP followed with an upswing of at least 10%. If the historical metric holds, Dom’s analysis suggests there could be a continuation of XRP’s recent resilience, potentially driving its price up by 10% to at least $2.09. At the time of the analyst’s post, this target may have been higher, since XRP was still trading above $2. However, the cryptocurrency has since fallen below that threshold, reaching $1.9 at the time of writing. XRP CVD Data Reveals Controlled Selling Pressure In a subsequent update, Dom shared a second chart, showing that XRP’s price had declined from its previous level of $2.19 to $2.01. He highlighted that this negative price action serves as a reminder that market dynamics don’t always follow textbook patterns. The recent decline in XRP also falls into roughly 15% of cases where typical orderbook signals fail to predict short-term moves. Related Reading: Here’s How High The XRP Price Needs To Be To Flip Bitcoin In the Binance spot market, Dom points out evidence of “controlled” selling rather than forced liquidations. Unlike earlier periods where strong bids consistently led to upward price momentum, XRP’s Spot Cumulative Volume Delta (CVD) curves on Binance, Coinbase, Bybit, and other exchanges are sloping downwards. Moreover, among all the crypto exchanges, Binance has recorded the most decline. Dom notes that controlled selling can be seen clearly in the smoothed cumulative volume lines on the chart. He warns that these developments are tricky to time. Moreover, without a sudden climax or sharp liquidation, bottoming could form slowly, making entries based on traditional reversal signals more challenging. Featured image from Getty Images, chart from Tradingview.com
Exciting data from an on-chain analysis has recently surfaced, revealing accumulation patterns in Bitcoin and Ethereum on the Binance exchange that have historically preceded renewed bullish momentum. Related Reading: Massive Bitcoin Bid Walls Spotted On Binance: Bulls Step In With 2,800 BTC Cluster Binance Sees $1.77B BTC/ETH In Outflows As $1.58B In Stablecoins Enter In a QuickTake post on November 14, pseudonymous market analyst CryptoOnchain shares insights into the crypto market direction, based on Binance activity. This post revolves around the Binance 7-Day Asset Netflow By Network metric, which shows if more volumes of an asset on specific networks are being deposited into Binance (net inflow), or being withdrawn (net outflow) over the past seven days, revealing the underlying activity across different asset types. According to CryptoOnchain, a net outflow of $1.77 billion in Bitcoin and Ethereum assets has been recorded from the Binance network. Specifically, the analyst reports outflows of $1.1 billion in Bitcoin (BTC_Native) and $670 million in Ethereum (ETH_Native) occurring over the past week. Typically, a large movement of assets out of exchanges such as of this magnitude reflects a growing ‘HODL’ sentiment among investors, as these coins are usually transferred into private wallets for holding. As an extension, an increasing hoarding appetite among holders signals a reduction in sell-side pressure, as there is less liquidity on standby, betting against price. Simultaneously, Binance records an almost similar amount, $1.58 billion, in stablecoin inflows. About $900 million of these came in as USDT, while $680 million was in USDC. Usually, a large inflow of stablecoins indicates an active increment by ‘smart money’ of their buying power. As short-term holders or retailers sell, thereby adding to sell pressure, the long-term holders in this scenario stand ready to absorb sell pressure with their liquidity. Related Reading: Bitcoin Rejection Was No Accident — Now The Battle Shifts To $93,000–$97,000 Survival Zone Clear Accumulation In Play Amid Market Uncertainty Historically, this divergence in on-chain activity (a significant amount in BTC/ETH outflows vs a large amount in stablecoin inflows) has preceded price recoveries to the upside. As such, it qualifies as one of the strongest indicators to show that the market is in an accumulation phase. Despite the predominant market sentiment being one that depicts fear, CryptoOnchain posits that major market participants are currently “buying the dip,” thus putting in what may come to be a strong price bottom in the near future. In the grand scheme, the market still appears to hold a bullish outlook. As of this writing, Bitcoin is worth around $96,133, losing more than 1.33% of its value since the last day. Ethereum, on the other hand, holds a valuation of $3,153, reflecting a 24-hour loss of 1.53% per CoinMarketCap data. Featured image from iStock, Chart from Tradingview
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The $2.5 billion BUIDL fund, tokenized by Securitize, deepens its utility for institutional traders and expands to a new blockchain.
BlackRock is launching an extension of its tokenized treasury fund on BNB Chain as Binance begins to accept BUIDL as off-chain collateral.
An analyst has sounded the alarm on what could become one of the most explosive rally in XRP’s history. As the cryptocurrency prepares for its long-awaited Exchange-Traded Fund (ETF) debut, the balance of XRP on major exchanges continues to decline. Analysts are warning that an impending supply crisis could spark a significant surge in the XRP price, which is currently more than 34% below its all-time high levels. XRP Supply Shortage To Trigger Parabolic Surge Amidst ongoing market volatility and whale capitulation, crypto market expert Arthur remains positive about XRP, drawing attention to a series of on-chain developments that could mark the beginning of a parabolic upward move. In his post on X social media, the analyst emphasized that an XRP could soon see a supply crisis, which may ignite its next price explosion. Related Reading: Pundit Reveals Final Nail In The Coffin For XRP, What This Means According to recent chart data from CryptoQuant, XRP reserves on Binance have fallen to about 2.79 million tokens, marking a sustained decline that began in early 2025. The chart also shows that while XRP’s price has remained relatively stable between $2 and $3, the available supply on almost all major cryptocurrency exchanges has continued to decline drastically. Arthur has revealed that this signals a growing imbalance between supply and demand, which could set the foundation for a bullish move. Arthur has also referenced a prediction made by JPMorgan analysts, who estimated that between $4 to $8 billion could flow into the upcoming XRP Spot ETFs once they launch in the market. This projection indicates confidence in XRP’s future institutional demand and interest as a legitimate digital asset class. The analyst has suggested that increased ETF demand from institutions, combined with limited liquidity, could create a “perfect storm” for a price breakout of XRP. Additionally, the analyst has revealed that the XRP ETF could also see a surge in retail demand, contributing to its projected price appreciation. Currently, reports indicate that approval of XRP Spot ETFs by the US Securities and Exchange Commission (SEC) is still pending. However, prominent analysts like Nate Geraci remain confident that these investment products will be launched soon. Binance XRP Reserve Data Shows Steady Losses Delving deeper into XRP’s supply on exchanges, CryptoQuant’s data shows that the cryptocurrency’s reserve on Binance is sitting at approximately 2.785 billion tokens as of November 12, 2025. Notably, this marks a decrease of over 10 million tokens from the previous day, when 2.795 billion XRP was recorded. Since the beginning of November, Binance’s XRP balance has been declining, hovering just above the 2.7 billion token threshold. Related Reading: $300 Million Worth Of XRP On The Move – Where Are They Headed? Earlier in October, reserves dipped to 2.74 billion tokens, one of the lowest levels recorded in almost a year. While balances briefly rebounded in mid-October, the latest data shows a renewed downward trajectory, suggesting that selling pressure may have eased and accumulation could be taking place off exchanges. Featured image from iStock, chart from Tradingview.com
In a bold escalation of the crypto-policy debate, Senator Cynthia Lummis has publicly asserted that Bitcoin is the only solution capable of addressing the mounting national debt burden facing the United States. Her comments come amid rising tensions over monetary policy, inflation, and the role of digital assets in reshaping finance. How Bitcoin Could Reshape Treasury Markets Senator Cynthia Lummis has once again made headlines with her support for Bitcoin, stating in a recent Bloomberg interview that BTC is the only solution to America’s mounting national debt. According to a crypto news source, CryptosRus, posted on X, that Lummis expressed her pro-Bitcoin stance, mentioning that BTC is an asset that will continue to grow over time and is the key to offsetting the burgeoning national debt. Related Reading: Bitcoin In The Crosshairs: US Treasury Secretary Reveals What Senate Democrats Could Learn From BTC Lummis highlighted the concept of a strategic BTC reserve, asserting that it represents the sole viable strategy to offset the national debt. However, CryptosRus noted that her consistent advocacy makes her one of Washington’s most ardent supporters of BTC, pushing for its integration to play the core role of US fiscal strategy. Several companies are actively preparing for this move. An emerging euro-denominated Bitcoin treasury backed by Tyler and Cameron Winklevoss, Treasury_BTC, has announced the appointment of Tycho Onnasch as its new head of BTC strategy. Onnasch is widely recognized within the BTC community for his foundational work on BTC scaling solutions, insightful market analysis, and deep conviction in BTC. Onnasch’s impressive background includes founding Zest Protocol, a leading BTC yield and landing platform, which is supported by BTC heavyweights Tim Draper and Binance Founder Changpeng Zhao. Academically, Tycho holds a degree from Oxford University, with a specialization in economic history. His achievements were further acknowledged with his inclusion in Forbes’ prestigious 30 under 30 Europe list. Onnasch’s role will be instrumental in driving the company’s BTC strategy and influencing its approach to market interpretation. A Healthier Foundation For Bitcoin Next Leg Higher CryptosRus has also reported that BTC has recently experienced its most significant open interest meltdown of its current cycle since the liquidation event that occurred on October 10. The data reveals substantial drops across major platforms, with Binance’s open interest decreasing by $4 billion, Bybit by over $3 billion, and Gate by more than $2 billion. Due to this liquidation event, traders have not rushed back in with leverage. Related Reading: Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk Typically, leverage rebuilds quickly after a wipeout, but the slow recovery from this current scenario suggests that the market confidence is shaken. This sentiment explains the current slow and choppy price action, as the market operates with reduced leverage and fewer aggressive positions. CryptosRus pointed out that when leverage undergoes such a significant reset, the market often leads to an increase in stability. It lowers the risk of another sudden cascade of liquidations and establishes a healthier foundation for the next price movements. The expert concluded that this is a BTC reset, not a breakdown. Featured image from Pixabay, chart from Tradingview.com
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin might be currently trending downwards, but a full fundamental breakdown shows it is ready to return to $120,000, and it is only a matter of time. According to an extensive fundamental analysis shared by Mr. Wall Street on X, the recent months of price stagnation and sudden drops are part of a larger accumulation phase dominated by institutional players. The overall setup, he argued, points clearly to Bitcoin’s eventual climb back above $120,000. Institutional Accumulation And Controlled Bitcoin Price Range The analyst’s first point is how Bitcoin has been trading within a 120-day range, oscillating between $107,000 and $123,000 to form what is a controlled consolidation range by institutions intended to push out weak retail investors. Mr. Wall Street noted that Bitcoin’s structure remains fundamentally bullish despite the prolonged sideways movement. Related Reading: Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing? Each attempt to break out above $120,000 strongly or below the $107,000 support has failed, a sign that large institutions are actively controlling liquidity within this narrow band. Every crash within this period, including the one caused by the Binance sell-off and Trump’s tariff war with China, was met by strong institutional bids near the $107,000 zone, even when Bitcoin went on a flash crash to $101,000. Therefore, there is no technical or structural weakness that invalidates the bullish thesis. The imbalance to the upside, he added, is sufficient to push Bitcoin back to trading in the $120,000 and $123,000 range, which is the Value Area High. Mr. Wall Street also tied Bitcoin’s coming surge to changes within the Federal Reserve’s policies. He pointed out that despite claiming to end quantitative tightening, the Fed has quietly injected billions into the banking system through repo operations and mortgage-backed securities purchases. He highlighted a single Friday where $50.35 billion entered the system. According to him, this liquidity will ultimately find its way into risk assets, including Bitcoin, in a pattern similar to the 2019 monetary response that preceded crypto’s 2020 and 2021 bull run. Although he warned that a fabricated crash could precede the next liquidity wave, this will only strengthen Bitcoin’s long-term position for another move to $120,000 and possibly higher. Gold And Bitcoin In The Battle For The Real Store Of Value Mr. Wall Street also called attention to the psychological side of the current cycle, which has been highlighted by some investors gravitating towards gold. He argued that retail investors are being pushed to gold through manipulated narratives of stagflation and economic fear, while institutions quietly buy Bitcoin. “What’s ironic is that the same logic that drives people to buy gold should be making them buy Bitcoin instead,” he said. Related Reading: Analyst Reveals What Traders Are Missing After The Bitcoin Price Spike To $116,000 The ongoing gold hype is to distract the public while institutions accumulate Bitcoin at discount levels. Once retail participants exit the crypto market entirely, then there is going to be a move upward that redefines Bitcoin’s price level. As he concluded, the boring sideways phase is nearing its end, and the next aggressive move, one that could carry Bitcoin back above $120,000, is only a matter of time. At the time of writing, Bitcoin is trading at $104,200. Featured image from Pixabay, chart from Tradingview.com
A sudden disclosure by Binance founder Changpeng Zhao set off a sharp move in Aster’s token price and trading patterns. Related Reading: Forget Billions—XRP Could Hit Trillions, Leading Expert Says According to reports, Zhao said he personally owns just over 2 million ASTER tokens — a holding that has been valued at about $2.5 million in coverage of the event. That admission prompted a rapid buying wave and heavy media noise, with traders and observers trying to sort what the move means for the project and the broader4 market. Aster Trading Activity On Fire As Price Rises Based on reports, ASTER climbed from roughly $0.91 to a peak near $1.26 on the day the disclosure hit newsfeeds. Volume also surged: one snapshot put 24-hour turnover at around $224 million before the announcement and at more than $2 billion afterward. Platform metrics moved too; total value locked on the Aster system reached about $1 billion dollars in recent updates. Market watchers pointed out that those jumps happened within hours of Zhao’s statement, pushing the token into headlines and onto many traders’ watchlists. Full disclosure. I just bought some Aster today, using my own money, on @Binance. I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD — CZ ???? BNB (@cz_binance) November 2, 2025 Supply Concerns And Background Ties Reports have disclosed that Aster’s circulating supply stands at about 2 billion tokens while total supply is 8 billion. That gap has raised alarms among analysts who say future token unlocks could add selling pressure. At the same time, discussion has grown about whether Zhao’s stake represents a purely personal bet or something tied to past venture ties, like connections to YZi Labs (previously Binance Labs). Some community voices welcomed the vote of confidence, while others urged caution and more disclosure about timing and intent. Whales, Shorts And The Need For Transparency Traders already placed big bets in both directions after the pop. Some large holders were reported to be taking profits, while short sellers were opening positions on the belief that the rally could be fleeting. Based on reports, competition with other derivatives and exchange projects — names like Hyperliquid were mentioned in analyst commentary — will test whether Aster can keep user interest beyond the headlines. Observers also flagged that massive daily volume spikes are often followed by quick retracement if underlying usage does not grow. Related Reading: XRP’s Next Earthquake: Billions Set To Flow In, ‘Supply Shock’ Coming—Analyst Volume, Unlock Schedules, And Product Signals Investors and reporters will be watching three main things: whether high trading volume holds up, how many tokens are set to unlock and hit markets, and whether the project builds real, steady user activity on its platform. According to current data, those variables will likely determine if this move becomes a lasting repricing or a short-lived event. Featured image from Gemini, chart from TradingView