Wrapped Bitcoin's move to Hedera brings tokenized BTC and increased liquidation to the network's growing decentralized finance ecosystem.
Bitcoin (BTC) dropped 3% to $98,550.33 as of press time, falling below the psychological $100,000 threshold for the third time this month amid cascading leverage liquidations, persistent ETF outflows, and a broader risk-off posture across digital assets. The slide accelerated after Bitcoin broke support at $100,000, triggering over $190 million in long liquidations in the […]
The post Bitcoin loses its last line of defense: $98k breakdown sparks cascade not seen since May appeared first on CryptoSlate.
Ethereum is showing signs of weakness as it struggles to reclaim higher price levels amid sustained selling pressure and broader market uncertainty. After several failed attempts to break above key resistance near $3,600, the asset remains range-bound, reflecting the cautious sentiment across the crypto market. Despite this, several analysts believe the current phase could represent the final shakeout before Ethereum begins its next major rally. Related Reading: Ethereum Whale Adds $105M To His ETH Position – $1.33B Bought Since Nov 4 According to recent on-chain data, large holders — including institutional players and crypto whales — continue to accumulate ETH even as volatility persists. This steady inflow from big buyers suggests growing confidence in Ethereum’s long-term potential, particularly as network fundamentals remain strong and liquidity conditions begin to stabilize. The divergence between price weakness and whale accumulation highlights a recurring pattern seen in previous cycles, where accumulation intensifies near local lows before a significant recovery. While short-term traders remain defensive, long-term investors appear to be positioning ahead of a potential breakout once macro conditions improve. Whale Activity Signals Renewed Ethereum Accumulation Ahead of Potential Rally According to on-chain data, the well-known Ethereum whale “66kETHBorrow” — already one of the most active large buyers in recent weeks — has made another major move. After purchasing 385,718 ETH worth roughly $1.33 billion since early November, this whale has now borrowed an additional $120 million USDT from Aave and transferred it to Binance, a move widely interpreted as preparation for further accumulation. Such behavior from a high-capital market participant often signals renewed confidence in Ethereum’s medium-term outlook. By leveraging borrowed funds, the whale is increasing exposure, suggesting expectations of a significant price rebound. This type of leveraged accumulation can create upward pressure on the market, especially when liquidity is thin and sellers are exhausted. However, this strategy also carries risks. If Ethereum fails to sustain its current support near $3,400–$3,500, the whale could face mounting liquidation pressure — amplifying volatility across the broader market. Still, the scale and persistence of these purchases indicate that smart money continues to buy the dip, positioning ahead of what could be a major recovery phase. Related Reading: Bitcoin Inflows To Binance Surge: Daily Average Hits 7,500 BTC Ethereum Consolidates Above as Bulls Attempt to Regain Control The daily Ethereum chart shows a clear consolidation pattern forming above the $3,450–$3,500 zone, signaling an ongoing battle between bulls and bears. After weeks of selling pressure, ETH is attempting to stabilize, finding support at the 200-day moving average (red line), which continues to act as a critical long-term defense level. Despite failing to reclaim the 50-day moving average (blue line), currently near $3,700, the structure suggests that downside momentum is weakening. Recent candles show tighter ranges and declining volume, often a sign of equilibrium before a potential breakout. For Ethereum to confirm a shift in trend, bulls need a decisive close above $3,650, which would open the door toward $3,900–$4,000, where the next key resistance cluster sits. Related Reading: Bitcoin Inflows To Binance Surge: Daily Average Hits 7,500 BTC On the downside, if ETH loses the $3,400 support zone, the next major area of interest lies around $3,100, aligning with previous reaction lows and the psychological barrier where buyers have historically stepped in. Featured image from ChatGPT, chart from TradingView.com
According to the agencies’ operations plans, staff are expected to return to work the day after the “enactment of appropriations legislation,” which occurred late on Wednesday.
Bitcoin price tumbled close to $98,000 today, marking the third time this month, leaving traders on edge as over $700 million in long positions get wiped out. Once hailed as a bullish month, November is turning red fast, with Bitcoin already down more than 10%. So, what exactly triggered this sudden crash, and could Bitcoin …
Polymarket’s onchain prediction data and fan-sentiment feeds will be integrated across UFC events, creating a new interactive layer for viewers.
Bitcoin (BTC) price has dropped below a crucial psychological support level of about $100k. The flagship coin slipped over 2% on Thursday to reach a range low of around $98.2k before rebounding to trade about $98.4k during the mid-North American trading session. Why is Bitcoin Price Down Today? Continued selloff by whale investors amid gold …
The token fell through key support despite elevated trading volume and continued institutional inflows into spot ETFs.
Bitcoin is turning into a savings-focused asset while Ethereum is becoming a high-velocity utility engine, a split that some analysts say is an emerging structural risk.
Solana (SOL) is once again under intense market scrutiny as a combination of fading memecoin activity, declining user engagement, and continuous token unlocks by Alameda Research puts pressure on one of crypto’s strongest 2025 performers. Related Reading: Ethereum Ready To Explode To $12,000 By January, Says Tom Lee While institutional inflows via ETFs remain robust, Solana’s ability to defend key technical levels, particularly the $140–$150 demand zone, will determine whether the asset stabilizes or slides into a deeper correction. Memecoin Cooldown Sends User Activity to One-Year Low Solana’s explosive rise in late 2024 and early 2025 was largely fueled by rapid memecoin launches and hyperactive retail speculation. But that frenzy has sharply cooled. According to Glassnode and The Block, the number of daily active addresses has dropped to 3.3 million, down from over 9 million at the start of the year, marking a 12-month low. Most of the decline comes from the disappearance of bots and short-term users who flooded the chain during its speculative peak. This slowdown has immediate consequences. Lower address activity has translated into softer fee revenue and thinner liquidity, making SOL more sensitive to market shocks. Analysts warn that until new high-utility use cases, such as payments, gaming, or real-world asset apps, attract stickier users, Solana’s engagement metrics may continue to oscillate with speculative cycles. Despite this decline, Solana’s ecosystem remains fundamentally strong. Its DeFi TVL stands at nearly $10 billion, supported by Jupiter, Jito, and Kamino, while developers continue to build stablecoin primitives, high-throughput consumer applications, and institutional-grade infrastructure, such as Firedancer. SOL's price trends to the downside on the daily chart. Source: SOLUSD chart from Tradingview Alameda Unlocks Clash With Record Solana ETF Inflows Another major pressure point is the ongoing monthly SOL unlocks from the FTX/Alameda bankruptcy estate. On November 11, Alameda unstaked 193,000 SOL ($30 million), part of a vesting schedule that runs through 2028. These tokens often find their way to exchanges, creating short-term selling pressure. However, institutional demand is delivering the opposite effect. Solana has now recorded 10–11 consecutive days of ETF inflows, totaling $336 million for the week. Bitwise and Grayscale Solana ETFs collectively hold $351 million, and even traditional institutions like Rothschild Investment and PNC Financial Services have disclosed new positions. SoFi Bank’s move to enable direct SOL purchases from U.S. checking accounts has further legitimized Solana within the regulated finance sector. This tug-of-war, systematic selling vs. accelerating inflows, defines Solana’s current volatility. Technical Setup: $140 Is the Line in the Sand SOL is trading around $152–$156, having broken below key support at $156 amid rising volume. Indicators remain bearish: OBV continues trending downward, signaling persistent seller dominance. Market structure shows lower highs and lower lows since early November. Liquidity heatmaps reveal strong magnetic zones at $144 and $140, making a retest highly likely. Analysts view $140 as the crucial support area. If it fails, liquidity extends toward $120, opening the door for a deeper correction. Related Reading: Bitcoin Death Cross Is Coming: Don’t Be Fooled By The Name But a successful defense could trigger a sharp rebound toward $165–$180, especially if ETF flows remain steady and Bitcoin holds above the $98k–$100k range. Cover image from ChatGPT, SOLUSD chart from Tradingview
The British pound needs digital rails to remain competitive with the dollar and euro as the world shifts to onchain and internet-native finance.
New research shows that AI's extended reasoning creates a security vulnerability, with extremely high attack success rates across major models including GPT, Claude, and Gemini.
Alongside bitcoin's tumble back to $98,000, MSTR is lower by another 6.6% on Thursday, bringing its year-to-date decline to 30%.
When Chainlink briefly appeared on a DTCC reference list, the crypto industry jumped to claim a “LINK ETF confirmed.” In reality, just like with XRP and Bitcoin, this was just a routine DTCC plumbing update, preparing for potential ETFs long before the SEC signs off. LINK had made it into the settlement system, not past […]
The post LINK ETF confirmed for 2025? XRP and SOL launches move up Chainlink timeline appeared first on CryptoSlate.
Bitcoin, the world’s largest cryptocurrency, dropped below $98,000, marking a sharp 3.5% decline in the past 24 hours. One of the most concerning things is that the Crypto Fear & Greed Index plunged to 15, its lowest in roughly seven months, signaling “extreme fear” among traders.Many traders now worry that this could be the start …
Built to align with the GENIUS Act, the new fund provides a regulated vehicle for holding stablecoin reserves in cash and US Treasurys.
A fresh wave of pessimism is sweeping across crypto markets, but the mood shift may be doing more good than harm.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin continues to consolidate below the $105,000 mark, maintaining stability above the key $100,000 support level despite ongoing market uncertainty. Bulls appear to be losing momentum, yet sellers are showing signs of exhaustion as the price resists further decline. According to top analyst Darkfost, the market has entered a clear deleveraging phase following the major liquidation event on October 10 — a structural reset that is removing excessive leverage from the system. Related Reading: Ethereum Whale Adds $105M To His ETH Position – $1.33B Bought Since Nov 4 Data shows that open interest — the total value of active futures contracts — has fallen by 21% over the past 90 days, marking one of the steepest declines of the cycle. This drop reflects traders reducing risk exposure and liquidations steadily clearing overleveraged positions. Darkfost notes that leverage usage is gradually cooling down, with the current drawdown echoing previous cleansing phases seen in September 2024 and April 2025. Historically, such periods of forced unwinding have preceded new market strength as liquidity stabilizes and speculative excess fades. Deleveraging Signals a Potential Turning Point for Bitcoin Darkfost explains that the current deleveraging phase bears striking similarities to previous corrective periods that ultimately paved the way for major recoveries. During the September 2024 and April 2025 corrections, open interest fell by approximately 24% and 29%, respectively — deep enough to flush out excessive speculation and restore balance across the market. With the current 21% decline in open interest over the last three months, Bitcoin is now approaching those same historical levels of leverage reduction. According to Darkfost, these phases are not necessarily bearish; instead, they serve as healthy resets during bullish market cycles. By forcing overleveraged traders to exit and cooling down speculative behavior, the market is able to rebuild on a stronger, more stable foundation. In past cycles, such unwinding events were often followed by trend reversals once selling pressure eased and new demand emerged. The reduction in leverage also tends to attract long-term investors and institutions seeking lower-risk entry points. If Bitcoin continues to hold its ground above $100K through this period of structural cleanup, it could signal that the worst of the correction is over, setting the stage for a potential new impulse phase once confidence returns. Related Reading: Bitcoin Inflows To Binance Surge: Daily Average Hits 7,500 BTC BTC Tests Support As Consolidation Continues Above $100K The weekly Bitcoin chart shows that BTC remains in a tight consolidation range between $100,000 and $105,000, testing key structural support. The price has repeatedly defended the 100-day moving average (blue line), indicating that despite sustained selling pressure, buyers continue to step in around this psychological zone. The overall trend remains bullish on higher timeframes, with the 200-week moving average (red line) trending upward and well below current price action — a signal that Bitcoin’s long-term market structure remains intact. However, momentum indicators reflect weakness, as BTC struggles to reclaim the $110,000 resistance level that capped previous rebound attempts. Related Reading: Bitcoin STH-MVRV Rebounds From Local Low – Potential Recovery Toward $115K–$120K Trading volume has decreased since the October liquidation event, aligning with Darkfost’s observation that the market is undergoing a deleveraging phase. This lower volume environment suggests investor hesitation but also indicates that forced selling may be nearing exhaustion. A decisive weekly close above $106,000 could confirm renewed bullish momentum, while a breakdown below $100,000 might trigger deeper corrections toward $92,000 — the next major support zone. Featured image from ChatGPT, chart from TradingView.com
Technical breakdown occurred despite positive institutional developments as volume surged during selloff
CoinGlass data shows that of the total liquidations across digital assets, $342 million came from long positions.
Bitcoin data forecast the drop to $98,000 as key supports failed to generate hefty buying from bulls, and futures traders saw their long positions liquidated.
The European countries are fast adopting Bitcoin (BTC) as a strategic reserve asset. After President Donald Trump led the United States in implementing a strategic Bitcoin reserve, countries in the European region are moving in the same direction as a hedge against inflation and macroeconomic uncertainty. Luxembourg and the Czech Republic Adopt Bitcoin Against All …
21Shares’ new crypto index ETFs utilize the stricter 1940 Act framework, marking a shift toward traditional fund oversight for diversified digital asset exposure.
Luxembourg's strategic Bitcoin investment highlights Europe's growing focus on digital assets to enhance global financial competitiveness.
The post Luxembourg’s finance minister says state fund allocates its assets only to Bitcoin appeared first on Crypto Briefing.
Bitcoin falls under $100K as market cap dips below $2T, with altcoins sliding amid macroeconomic uncertainty and cautious sentiment.
The post Bitcoin drops below $2 trillion market cap appeared first on Crypto Briefing.
The company said it has closed its $175 million private placement meant to fund the formation of the official DOGE treasury strategy
Bitcoin fell below $100K on Thursday, triggering $117M in long liquidations in one hour as overleveraged traders faced forced sell-offs
The post Bitcoin drops under $100K, triggering $117M in long liquidations in one hour appeared first on Crypto Briefing.
The XRP market just hit a historic milestone as the first U.S. spot XRP ETF, Canary Capital’s XRPC, officially debuts on Nasdaq, sending bullish shockwaves for the XRP price and other assets in the market. Related Reading: Ethereum Ready To Explode To $12,000 By January, Says Tom Lee The launch gives traditional investors direct exposure to XRP through regulated brokerage accounts, and analysts say this could be the spark that propels prices sharply higher in the coming weeks. XRP's price moving sideways on the daily chart. Source: XRPUSD on Tradingview First Spot XRP ETF on Nasdaq Unlocks New Demand Nasdaq has certified the Canary Capital XRP ETF for trading under the ticker XRPC, making it the first fully spot-based XRP ETF in the U.S. The fund holds XRP directly and tracks the XRP-USD CCIXber Reference Rate Index, offering a simple, regulated way for institutions and retail investors to gain exposure without managing wallets or private keys. The ETF’s approval comes after the fund completed its Form 8-A filing with the SEC, clearing key regulatory hurdles. Other heavyweights, Franklin Templeton, Bitwise, CoinShares, and 21Shares, also have XRP ETF applications in the pipeline, signaling a second wave of products that could further deepen liquidity and demand. On-chain data already shows shifting behavior ahead of the launch. Exchange inflows are down, suggesting holders are accumulating rather than selling, even as XRP trades around the $2.39–$2.50 zone and consolidates above support near $2.20–$2.40. Analysts See ‘Face-Melting’ XRP Price Rally as Technicals Coil Popular crypto analyst Egrag Crypto believes XRP is entering the final stages of a major consolidation that could lead to an explosive move within 4–6 weeks. Drawing on historical rallies in 2017 and 2021, he notes that XRP is once again forming a large symmetrical triangle, typically a “compression before expansion” structure. Using Fibonacci projections, Egrag highlights potential long-term targets between $10 and $37, while acknowledging that short-term market sentiment remains cautious. He argues that impatience and emotional selling often precede the biggest upside moves, and that today’s sideways action is more “preparation” than weakness. BlackRock Narrative and Macro Tailwinds Add Fuel Institutional narratives are also lining up behind XRP. At Swell 2025, BlackRock’s Maxwell Stein described the XRP Ledger as a scalable rail for trillions of dollars in tokenized assets and cross-border payments, reinforcing XRP’s status as a utility-driven asset rather than a purely speculative token. Related Reading: Bitcoin Death Cross Is Coming: Don’t Be Fooled By The Name With the Fed’s December rate decision approaching and risk appetite poised to shift, XRP now sits at the intersection of a powerful trio. Fresh ETF inflows, tightening technical patterns, and growing institutional validation. If these forces align, the XRPC launch may be remembered as the moment XRP’s next major rally truly began. Cover image from ChatGPT, XRPUSD chart from Tradingview
OKX is following competitors like Coinbase by integrating DeFi trading directly into their core self-custody wallet product.