Gemini, the crypto exchange founded by Tyler and Cameron Winklevoss, is preparing to launch regulated prediction market contracts, pending U.S. CFTC approval. These contracts will allow users to bet on real-world outcomes, from elections to sports and finance. The plan signals Gemini’s push to broaden its product lineup beyond classic crypto trading. However, approval may …
Chainlink news has been everywhere lately, reflecting a wild week for LINK traders. “Why did Chainlink price dip so hard?” is now trending, as the token broke down from crucial levels. Major headlines like the official rollout of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and the launch of the Chainlink Runtime Environment (CRE) flashed on everyone’s …
Columbia Business School adjunct professor Omid Malekan claimed there are a few crypto buying companies that tried to “create sustainable value. But I can count them on one hand.”
However, one analyst said the bullish structure for the crypto market still stands despite the largely negative sentiment.
U.S.-China trade tensions are easing, with China suspending additional tariffs on U.S. goods.
Solana started a fresh decline below the $165 zone. SOL price is now consolidating losses below $165 and might decline further below $150. SOL price started a fresh decline below $165 and $162 against the US Dollar. The price is now trading below $165 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $158 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $150 or $145. Solana Price Dips Heavily Solana price failed to remain stable above $180 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $175 and $165 support levels. The price gained bearish momentum below $160. A low was formed at $145, and the price is now consolidating losses. The price recovered a few points above the 23.6% Fib retracement level of the downward move from the $188 swing high to the $145 low. Solana is now trading below $160 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $158 level. There is also a key bearish trend line forming with resistance at $158 on the hourly chart of the SOL/USD pair. The next major resistance is near the $162 level. The main resistance could be $166 and the 50% Fib retracement level of the downward move from the $188 swing high to the $145 low. A successful close above the $166 resistance zone could set the pace for another steady increase. The next key resistance is $175. Any more gains might send the price toward the $180 level. Another Decline In SOL? If SOL fails to rise above the $166 resistance, it could continue to move down. Initial support on the downside is near the $155 zone. The first major support is near the $150 level. A break below the $150 level might send the price toward the $145 support zone. If there is a close below the $145 support, the price could decline toward the $132 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $155 and $150. Major Resistance Levels – $162 and $166.
In the last few weeks, the Ethereum price has performed poorly, thanks to the bearish pressure triggered by the Bitcoin price decline. After losing support above $4,000, the second-largest cryptocurrency by market cap is now showing more signs of a breakdown that could trigger a spiral. Multiple analysts have already shared where they see the Ethereum price going, and we take a look at two that look at both ends of the spectrum. A Recovery And Then A Crash Crypto analyst Melikatrader highlighted an important structure that the Ethereum price has formed recently, and that is a clear structure of recovery. This comes after the cryptocurrency completed a liquidity sweep around $3,700, which is referred to as a “Hunting.” Related Reading: Head And Shoulders Pattern Says Bitcoin Price Is Headed Below $100,000 Now, with the liquidity sweep completed at this level, the analyst believes that this creates a potential base that could see the Ethereum price correct upwards. Amid this, the altcoin has also seen some consolidation between $3,700 and $3,800, making this range an important area of interest. If bulls are able to claim and hold this level, then it could put Ethereum on the path of another uptrend. It would put an end to the accumulation trend and kickstart another bullish run. Such a run would send the Ethereum price into the next supply zone, which lies at $4,080-$4,180, before seeing any major downward correction. Despite expecting the price to climb, the crypto analyst also highlights the fact that Ethereum is still flashing a bearish market structure. With the ascending trendline on the move, the price is expected to hit resistance around $4,100. If bears are able to successfully reject the price from this level, then the Ethereum price is expected to crash back below $4,000. Analyst Calls The Top For Ethereum Price While many in the space believe the current downtrend is only temporary, crypto analyst CRYPTO Damus believes that this could actually be the cycle top. In the post on X, he compares the current trend to that of the 2018 and 2021 cycle tops using the weekly chart. Related Reading: Here’s What Happens To The Dogecoin Price After The Consolidation Phase Ends Damus points out that there are similarities between the previous cycle tops and that the Ethereum price is currently following a similar playbook. This comes after consistent green candles, followed by red candles on the weekly chart, ending in a bear market. The analyst explains that it is possible that this time could be different, given the deviations in the market cycles so far. However, if it is the same trend from the last two bull cycles, that would mean that the bull run is over for Ethereum, and investors should brace for a crash. Featured image from Dall.E, chart from TradingView.com
‘fuxfux007’ lost nearly $969,169 making a bold bet against New York City mayoral candidate Zohran Mandami.
November 5, 2025 06:18:03 UTC Gemini Plans to Launch Prediction Market Pending CFTC Approval According to Bloomberg, crypto exchange Gemini, founded by Tyler and Cameron Winklevoss, is preparing to launch prediction market contracts. The firm applied to the U.S. Commodity Futures Trading Commission (CFTC) in May for approval to establish a designated contract market (DCM). …
Police have raided the former NRL star’s home, seizing devices for forensic examination in connection to an alleged $91,000 crypto theft.
Analysts identify key Bitcoin support levels from $98,000 to $85,000 after a 21% market drop driven by dollar strength and tight liquidity.
Bloomberg reports that Gemini is looking to expand into prediction markets, which would mark one of the company’s biggest moves since going public in September.
XRP price started a fresh decline below $2.350. The price is now showing bearish signs and is at risk of more losses below $2.120 in the near term. XRP price gained bearish momentum and traded below $2.30. The price is now trading below $2.250 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a recovery wave if it stays above $2.150. XRP Price Dips Further XRP price remained in a bearish zone below $2.50 and extended losses, like Bitcoin and Ethereum. The price dipped below the $2.350 and $2.30 levels. The decline gained pace after there was a close below $2.250. The price even tested $2.050. A low was formed at $2.066, and the price is now correcting some losses. There was a move above the 23.6% Fib retracement level of the downward move from the $2.552 swing high to the $2.066 low. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.250 level. There is also a bearish trend line forming with resistance at $2.250 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.30 level, above which the price could rise and test $2.3650. It is close to the 61.8% Fib retracement level of the downward move from the $2.552 swing high to the $2.066 low. A clear move above the $2.3650 resistance might send the price toward the $2.420 resistance. Any more gains might send the price toward the $2.450 resistance. The next major hurdle for the bulls might be near $2.50. Another Decline? If XRP fails to clear the $2.30 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.180 level. The next major support is near the $2.150 level. If there is a downside break and a close below the $2.150 level, the price might continue to decline toward $2.050. The next major support sits near the $2.00 zone, below which the price could continue lower toward $1.850. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.180 and $2.150. Major Resistance Levels – $2.250 and $2.30.
Crypto analyst Willy Woo says it would need to be “one hell of a sustained bear market” to force Strategy to liquidate any of its Bitcoin.
On-chain data shows signs of an altcoin winter may be emerging as Ethereum, Solana, and other cryptocurrencies have seen a decline in activity. Altcoins Are Observing A Drop In On-Chain Activity In a new thread on X, institutional DeFi solutions provider Sentora (formerly IntoTheBlock) has talked about how interest in altcoins has been cooling off recently. Related Reading: CryptoQuant Head Reveals Reason Behind Bearish Bitcoin Trend The on-chain indicator of relevance here is the “Active Addresses,” which measures, as its name suggests, the total number of addresses that are participating in some kind of transaction activity on a given network every day. When the value of this metric rises, it means more users are making transfers on the blockchain. Such a trend implies trading interest in the cryptocurrency may be on the rise. On the other hand, the indicator witnessing a decline suggests investors may be shifting their attention elsewhere as they are reducing their transaction activity on the network. Now, here is a chart that shows the trend in this indicator for Ethereum, the largest of the altcoins, over the last few years: As displayed in the above graph, the Ethereum Active Addresses metric was at a high of 589,000 in late July. Since then, activity on the network has gone downhill, with there now being 488,000 addresses making transactions, around 17% lower than the peak. “Fewer users interacting on ETH indicates weaker on-chain demand, a pattern seen in past bear-market phases,” explained Sentora. Solana, another prominent altcoin, has been showing a similar trend. How the monthly value of the Active Addresses has changed for SOL over the last few years | Source: Sentora on X From the chart, it’s clear that the monthly version of the Active Addresses witnessed a notable decline for SOL during Q3 2025. More specifically, active users on the blockchain dropped by about 30% in this period. “Solana has been the out-performer this cycle, but momentum is cooling,” noted the analytics firm. Memecoins have been hit hard in the recent market downturn, and the same has held true for their on-chain activity. Dogecoin, the largest meme-based token, has only witnessed a slight decrease in Active Addresses, but Pepe has gone through a drawdown of 85%. “This drop shows how quickly speculative user bases can evaporate,” said Sentora. Related Reading: Crypto Analyst Maps Out Dream Ethereum Scenario To $8,000 Finally, the analytics firm has also highlighted that DeFi trading volume has started to trend down as well. The metric is still relatively strong compared to other cryptocurrency-related indicators, but a change in direction is apparent. With the crash in prices and downturn in on-chain activity, is the altcoin sector entering a season of winter? “It’s too early to tell but the current data echoes past cycles,” noted Sentora. “We are already 6+ months into an altcoin slowdown, with winter signs popping up.” Ethereum Price Ethereum has plunged alongside the rest of the market during the past day as its price has retraced to $3,300. Featured image from Dall-E, chart from TradingView.com
With just over half the votes, Mamdani becomes NYC's next mayor after prediction markets and progressive groups rallied behind his campaign
ZKsync co-creator Alex Gluchowski has proposed to shift the project’s governance token to one with “economic utility” and value capture.
"Most of the world still doesn't have crypto," said Animoca Brands' co-founder, adding that his company is planning to help change that through its public listing.
The firm’s filing seeks approval to operate “Gemini Titan,” a designated contract market offering federally regulated event contracts.
Ethereum price started a fresh decline below $3,550. ETH is struggling below $3,400 and might decline further if it stays below $3,500. Ethereum started another bearish wave after it failed to clear $3,650. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,200. Ethereum Price Dips Sharply Ethereum price failed to stay in a positive zone and started a fresh decline below $3,550, like Bitcoin. ETH price declined below $3,500 and $3,450 to enter a bearish zone. The decline gained pace below $3,350. Finally, the bulls appeared near $3,050. A low was formed at $3,058 and the price is now consolidating losses. There was a recovery wave above the 23.6% Fib retracement level of the recent decline from the $3,920 swing high to the $3,058 low. Ethereum price is now trading below $3,400 and the 100-hourly Simple Moving Average. If there is a decent increase, the price could face resistance near the $3,350 level. The next key resistance is near the $3,480 level and the 50% Fib retracement level of the recent decline from the $3,920 swing high to the $3,058 low. There is also a bearish trend line forming with resistance at $3,450 on the hourly chart of ETH/USD. The first major resistance is near the $3,500 level. A clear move above the $3,500 resistance might send the price toward the $3,550 resistance. An upside break above the $3,550 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,750 resistance zone or even $3,800 in the near term. More Losses In ETH? If Ethereum fails to clear the $3,500 resistance, it could start a fresh decline. Initial support on the downside is near the $3,250 level. The first major support sits near the $3,200 zone. A clear move below the $3,200 support might push the price toward the $3,120 support. Any more losses might send the price toward the $3,050 region in the near term. The next key support sits at $3,020 and $3,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,200 Major Resistance Level – $3,500
White House press secretary Karoline Leavitt says Donald Trump’s pardon of Binance founder Changpeng Zhao went through a “thorough review process” before the president signed it off.
Traders are monitoring the $2.08 support level to prevent further declines toward $2.00.
Bitcoin price is gaining bearish pace below $103,500. BTC could continue to move down if it stays below the $103,500 resistance. Bitcoin started a fresh decline below the $105,000 support. The price is trading below $104,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $103,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $100,000 zone. Bitcoin Price Dips Again Bitcoin price failed to stay above the $105,500 support level and started a fresh decline. BTC dipped below $104,000 and $103,500 to enter a bearish zone. The decline was such that the price even spiked below the $100,000 support. A low was formed at $98,900 and the price is now consolidating losses near the 23.6% Fib retracement level of the downward move from the $111,000 swing high to the $98,900 low. Bitcoin is now trading below $104,000 and the 100 hourly Simple moving average. If the bulls attempt a recovery wave, the price could face resistance near the $102,000 level. The first key resistance is near the $103,500 level. There is also a bearish trend line forming with resistance at $103,500 on the hourly chart of the BTC/USD pair. The next resistance could be $105,000 and the 50% Fib retracement level of the downward move from the $111,000 swing high to the $98,900 low. A close above the $105,000 resistance might send the price further higher. In the stated case, the price could rise and test the $106,400 resistance. Any more gains might send the price toward the $107,500 level. The next barrier for the bulls could be $108,500 and $108,800. More Losses In BTC? If Bitcoin fails to rise above the $103,500 resistance zone, it could continue to move down. Immediate support is near the $100,200 level. The first major support is near the $100,000 level. The next support is now near the $98,800 zone. Any more losses might send the price toward the $96,200 support in the near term. The main support sits at $95,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $100,200, followed by $100,000. Major Resistance Levels – $103,500 and $105,000.
After failing to close the week above a crucial level, Bitcoin (BTC) is attempting to hold $100,000 as support, leading some analysts to suggest that this is the make-or-break moment for the cryptocurrency. Related Reading: Solana (SOL) Loses Key Support Amid 8% Drop, Risks Major Correction To This Level Bitcoin Plunges To Physiological Barrier On Tuesday, Bitcoin saw a 9% drop from its weekly opening, dropping to the $100,000 area for the first time in months. The flagship crypto has been trading above $105,000 since late June, hovering between $108,000-$120,000 over the past four months. During the early October correction, BTC’s price briefly deviated below these crucial levels, hitting a three-month low of $102,000 before recovering. Since then, the cryptocurrency has struggled to reclaim the mid-zone of its local range, falling to the $106,000-$108,000 area multiple times in the daily timeframe. As the price retested the $100,000 level, Sjuul from AltCryptoGems noted that Bitcoin has now broken below its 10th of October low, which was “the last major level before the $98K low from the Middle Eastern war fud back in June.” Analyst Ted Pillows highlighted that BTC has two massive liquidity clusters on the longer timeframes. Per the chart, the first cluster sits around the $90,000 level, which also coincides with an open CME Gap from Q2. Meanwhile, the second cluster sits around the all-time high area at $126,000. “Given that the market is looking weak now, a dump to fill the CME gap before reversal could happen,” the market watcher warned. However, Ali Martinez suggested that a 5%-11% rebound from the current area is possible. The chart shows that Bitcoin has been trading between $101,300-$124,000 price range since May, bouncing from the lower boundary each time it was retested. If BTC holds this area, it could surge to at least $106,500 or $112,000, the analyst asserted. BTC Retests 50-Week EMA Rekt Capital highlighted that BTC had reached the 50-week Exponential Moving Average (EMA). The analyst explained that after closing below the 21-week EMA, Bitcoin was deviating below its range lows for the fifth consecutive week. The 21-week EMA has served as crucial support during pullbacks since late Q2. However, it was lost amid the recent market volatility. Last week, multiple analysts warned that closing above this level was crucial to turn it back into support and prevent a larger pullback. Per the Tuesday post, the 50-week EMA, sitting around the $100,000 level, “would probably only get tagged on confirmed breakdown from $108k,” meaning that the flagship crypto will need to close the week above this level to maintain its current price range. Similarly, Crypto Bullet pointed out that the 50-week MA retest was “the moment of truth” for BTC. Notably, the cryptocurrency has retested this indicator three times this cycle, marking the bottom of each corrective phase and the start of a new rally to a new all-time high (ATH). Related Reading: Is Crypto ‘Boring’ Now? Bitwise CEO Says The Market Is Changing The market watcher warned that losing this level would mean “it’s lights out” for the flagship cryptocurrency. However, a rebound from this area could set the stage for a price recovery and a potential bullish rally in late Q4. As of this writing, Bitcoin is trading at $100,356, a 6% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Zohran Mamdani has won the New York City mayor’s race, and the city’s crypto industry is waiting to see how his administration will affect business.
Democratic socialist Zohran Mamdani secured a win in the race for New York City mayor against long-time Democrat Andrew Cuomo.
Traders can also keep track of where liquidation levels are concentrated, helping identify zones of forced activity that can act as near-term support or resistance.
Canada’s government unveiled a plan to regulate stablecoins, requiring fiat-backed issuers to maintain sufficient reserves and adopt robust risk management measures.
The deal involves the issuance and sale of about 63.7 million American depositary shares at $1.131 per ADS.