Bitcoin dropped 20% from its all-time high, leaving analysts split on whether a slow recovery or a fresh parabolic price breakout will happen in the next few months.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Square Enix says it plans to have generative AI handle 70% of QA and debugging work, slashing more jobs as it embraces automation.
According to Bayberry Capital, XRP’s market price does not match its real-world role. The hedge fund firm argues the token is often judged like a speculative coin when it actually serves as plumbing for moving value between financial systems. Related Reading: Bitcoin Near Breaking Point As It Tests Its Most Crucial Support Line—Analyst The research compares the current stage of XRP to early internet infrastructure — quiet work laying the base while prices drift — and says many investors miss that deeper build-out. Ripple CEO Brad Garlinghouse has also stressed the token’s role across multiple settlement uses, reports show. Bayberry Capital Warns Mispricing Reports have disclosed that the investment house sees XRP as a liquidity tool, not just a tradable asset. It notes that institutional integrations, compliance work, and deep technical links take time to appear in prices. The firm believes the token’s recent price steadiness reflects growing backbone work, rather than lack of demand. Market observers are urged to look past headlines and volatility and weigh actual settlement activity. According To Onchain Data, Traders Are Shifting Based on CryptoQuant data, open interest in BTC and ETH positions fell within the last 72 hours while XRP accumulation rose. That pattern is being read as traders rotating toward assets with clearer utility. The shift does not prove a long-term trend, but it does show changing flows in the short term. Binance Traders Pile into XRP as BTC & ETH Positions Unwind “Traders are using these slight dips to add positions, showing conviction that contrasts sharply with the fear gripping BTC and ETH markets.” – By @Crazzyblockk pic.twitter.com/QdXlsJCV2L — CryptoQuant.com (@cryptoquant_com) November 6, 2025 Exchange Activity Shifts Lookonchain flagged a large move on Hyperliquid where a whale opened a short position worth over $20 million. The same actor moved $7 million in USDC into that DEX before placing the trade. At the same time, XRP’s price swung: after falling more than 13% to a low of $2.06 on Nov. 4, it climbed 6.27% the next day and reached $2.41. These opposing forces — fresh demand and a major short — are creating pressure around the current recovery attempt. Someone created a new wallet and deposited 7M $USDC to Hyperliquid, opening 20x short on both $BTC and $XRP. Positions: • 1,129 $BTC($116M) • 8,888,888 $XRP($20.35M) This guy seems to be a high-stakes gambler — he’s a Roobet and https://t.co/ZZPnpTmYqj user.… pic.twitter.com/GqWZaca4BC — Lookonchain (@lookonchain) November 6, 2025 Ripple Partnerships Add Practical Use Cases Reports show Ripple has expanded use of RLUSD after deals with Mastercard, WebBank, and Gemini. The company also raised $500 million at a $40 billion valuation, with backing that included Citadel Securities and affiliates of Fortress. Those moves are aimed at making it easier to settle credit-card transactions on the XRP Ledger using stablecoins, and they provide more pathways for real-world usage. Related Reading: XRP On Fire: Over 21,000 New Wallets Appear In 48 Hours Outlook And Market Tension Bayberry Capital believes that slow-moving institutional adoption means the market underestimates what’s being built. Adoption, compliance checks, and systems integration do not happen overnight; they creep forward as partners sign deals and test flows. Featured image from Unsplash, chart from TradingView
Balancer and Stream Finance incidents totaling over $200 million shook DeFi as RedStone and major Ethereum protocols launched reform initiatives.
Bitcoin (BTC) has signaled further midterm weakness. The flagship coin has been retesting a crucial psychological support level around $100,000 and has weakened it every time. Why Is Bitcoin Price Likely to Retest $92k Soon? Failed ‘Uptober’ bullish narrative amid crypto liquidity crunch After Bitcoin price recorded its first red October in six years, it …
Strategy’s latest preferred-stock sale doubles its initial target, expanding the company’s bitcoin accumulation strategy.
Bitcoin dipped below $100,000 as the Coinbase Premium hit a seven-month low, signaling weak US demand. Onchain data hints that short-term holders may be buying the dip.
The company continues to offer corporate debt securities and equities to finance its Bitcoin acquisitions despite recent troubles.
Pope Leo urges AI builders to embed moral discernment as the tech reshapes human identity.
DOGE was recently trading up more than 13%.
Bitcoin bid and ask ratio turning positive signals renewed bullish momentum as buy demand surpasses sell pressure in the market orderbook.
The post Bitcoin’s bid and ask ratio turns positive for the first time in months appeared first on Crypto Briefing.
Low trading volume suggests ‘targeted accumulation’ by whales or institutional players as SUI defies the CD5 index.
The bank disclosed a $343 million stake in iShares Bitcoin Trust, signaling continued institutional demand for bitcoin exposure
Nearly 60% of weekly trades in December 2024 were flagged as likely wash trading, with coordinated networks of 43,000 wallets detected.
US Spot Bitcoin and Ethereum ETFs finally broke their six-day losing streak on November 6, posting their first day of net inflows after nearly a week of continuous capital outflows. Data from SoSoValue shows that Bitcoin ETFs drew $240.03 million in new investments over the past 24 hours, while Ethereum ETFs gained $12.51 million. Solana ETFs, meanwhile, continued to show remarkable consistency, bringing in $29.22 million in daily inflows. That figure extended Solana’s winning streak to eight consecutive days of positive capital movement, even as other major digital-asset ETFs struggled to maintain momentum. A Strong Debut For Solana ETFs Data shows that Solana ETFs launched with around $70 million on the first day and went on to accumulate roughly $531 million in net assets within the first week. Related Reading: Institutional Investors Are Buying XRP And Solana At An Accelerated Rate While They Dump Bitcoin Although this is smaller compared to the $1.5 billion Bitcoin ETFs recorded in their first week and the $1.17 billion seen by Ethereum ETFs, it is still a remarkable figure for a newcomer that entered the market during a period of volatility and cautious sentiment. Despite choppy trading conditions, Solana’s ETFs managed to attract consistent daily inflows between $37 million and $70 million through most of the week before a moderate slowdown to around $9.7 million on the seventh day. Capital Flows Shifting With Bitcoin And Ethereum Struggles The steady inflows into Solana ETFs are notable, particularly because they are happening during a difficult stretch for the broader crypto market, one that has placed Bitcoin under pressure of losing the $100,000 psychological level. Related Reading: XRP And Solana Set New $3 Billion All-Time High As Interest Explodes Data from SoSoValue reveals that Spot Bitcoin ETFs recorded a six-day run of outflows between October 29 and November 4, totaling around $2 billion in withdrawals. The single largest daily outflow occurred on November 4, when $577.74 million exited the funds. Spot Ethereum ETFs also faced a similar pattern, losing approximately $837.66 million over the same period. The split between Solana’s rising inflows and the sustained outflows from Bitcoin and Ethereum shows a subtle but important modification in investor sentiment. Although, it is important to note that both Bitcoin and Ethereum ETFs witnessed positive flows in the past trading day, and bullish investors can only hope it continues to stay this way. Even so, Solana ETFs are in their early stages and still have a considerable distance to cover before matching the size and liquidity of Bitcoin and Ethereum’s products. At the time of writing, Bitcoin is trading at $101,482, down 1.6% in the past 24 hours, while Ethereum is trading at $3,336, a 1.2% decline over the same period. Solana ETF inflows are yet to reflect in the cryptocurrency’s price, as it is down by 1.4% and 15.3% in the past 24 hours and seven days, respectively, and is trading at $157. Featured image from Adobe Stock, chart from Tradingview.com
For years, the assumption inside crypto and across traditional finance was simple: when institutional adoption finally matured, Ethereum would be the chain Wall Street chose. This is unsurprising, considering the network is the largest smart-contract network, the default environment for developers, and the ecosystem that has shaped today’s idea of programmable finance. However, as institutional […]
The post How high could Solana’s valuation go if Wall Street starts using it properly? appeared first on CryptoSlate.
Microsoft daily loss streak extends as investor concerns over AI spending and cloud growth slowdowns drive a decade-high losing run.
The post Microsoft on track for longest daily loss streak in over a decade appeared first on Crypto Briefing.
A Columbia study found that up to 60% of Polymarket’s volume may stem from wash trading, raising new concerns about artificial activity in prediction markets.
As institutional comfort with Ethereum grows, more participants appear willing to commit capital for extended periods to earn yield.
AMD 12% decline on mixed earnings follows underwhelming AI growth forecasts and negative investor sentiment after recent results.
The post AMD declines by 12% this week despite beating Q3 estimates appeared first on Crypto Briefing.
Bitcoin bulls have held the price above the critical $100,000 support level, but a shallow bounce increases the risk of a breakdown. Will altcoins gain ground while BTC searches for direction?
Bitcoin's potential liquidation zones could lead to increased market volatility, prompting traders to reassess risk management strategies.
The post Bitcoin sees liquidation magnets around $105K and $98K appeared first on Crypto Briefing.
Internet Computer advances 7.88% to $7.77 as trading volume soars 261% above average, signaling sustained bullish momentum and trend continuation.
Tempo, backed by Paradigm and Stripe, will adopt the Commonware Library and become a core contributor to its ongoing development.
Nvidia stock drops $800 billion amid AI sector jitters and new rivals, highlighting investor concerns over growth and rising competition.
The post Nvidia stock falls 5%, losing $800 billion since Monday appeared first on Crypto Briefing.
XRP is holding firm on the weekly time frame despite the latest market-wide drawdown, according to an Elliott Wave roadmap shared by crypto technician Hov (@HovWaves). On Hov’s Bitstamp-based 1W chart, the current candle sits near $2.22 with three days and several hours left to close, and the structure remains nested inside a higher-time-frame impulse that he counts as wave iii completed, wave iv in progress, and a prospective wave v aiming materially higher. Is The XRP Bottom In? The key reference band for pullbacks is defined by Fibonacci retracements measured from the latest vertical advance. Hov plots the 0.236 retracement at $2.094, the 0.382 at $1.548, the 0.5 at $1.213, and the 0.618 at $0.950. The price has broken down to the 0.236 neighborhood, probing a turquoise demand box that overlaps the 0.382 ($1.548) on the lower edge. That zone also contains the October 10 liquidity event wick he highlights around $1.58. In his accompanying note, Hov stresses that the last rise from that low has only formed three waves to date, leaving room for “one more small low on the micro before it’s all said and done,” while adding, “I don’t think it takes out the 1.58 low” and that, because of the wick, “we’re likely to see a truncation on this move.” Related Reading: XRP Holds The Line As Bulls Eye $3.40 — Can 20-Month EMA Power Next Breakout? The upside map hinges on two resistance landmarks. First is a boxed supply region overhead that caps out just below a labeled swing marker at “0 (3.41159),” effectively framing $3.41 as the final pivot from the prior leg. More important for confirmation, Hov marks “HTF close above $2.94 is the key.” That $2.94 weekly close is his validation level that would reassert the impulsive trend and unlock a measured extension to his first target. That target is explicit on the chart: the next leg’s objective aligns with the −0.236 extension printed at $5.558. A curved projection path from the current area arcs through the retracement box and then accelerates vertically toward the target, annotated with a circled “V” at the terminal portion of the move and a higher-degree “3” on the scale, consistent with an impulse termination at or near the extension. Related Reading: 84% Of XRP Sell Pressure Comes From Korea As $2 Looms, Analyst Warns Context from the left side of the chart shows how structurally important the base has been. A broad turquoise accumulation band anchored around the $0.43 handle (labeled “1 (0.43128)”) held price throughout 2023–2024, preceding the breakout that staged the current impulse. Above that, a second, higher turquoise band spans the 2021 reaction zone and now acts as the battleground for the present consolidation beneath $3.41. A visible-range profile overlay inside the consolidation rectangle shows the heaviest traded activity toward the left ridge of the range, underscoring why weekly closes above $2.94 would be decisive. Hov’s bottom line on X mirrors the chart. “XRP holding up exceptionally well on this market wide sell off,” he wrote, noting the coin remains “still up 40% off our level (threaded).” While he allows for a final marginal low—without undercutting $1.58—his roadmap retains a “first target” near $5.5, with the caveat that a “HTF close above $2.94 is the key.” At press time, XRP traded at $2.18. Featured image created with DALL.E, chart from TradingView.com
The analysts said IREN will spend more than $9 billion to expand GPU and AI data-center capacity, even after Microsoft’s prepayment.
Is ETH’s deflationary edge fading? Could XRP’s speed, compliance and liquidity network make it the next global bridge in digital finance?
Hedera's native token shows range-bound trading with late-session recovery attempt before hitting resistance at key technical levels.