Sun's significant Ethereum stake could influence market dynamics, potentially impacting Ethereum's liquidity and price stability.
The post Justin Sun stakes over $150 million in Ethereum appeared first on Crypto Briefing.
Residents of a small area in Hood County have attempted to form a municipality to exercise authority over a Bitcoin mining site they claim is generating excessive noise.
BTC recently fell below $100,000 as macro uncertainties weighed over spot ETF inflows.
The question dominating crypto desks this week is whether the cycle is intact, and when the bull run will return. Two widely followed macro commentators sketched the same causal chain from public-sector cash management to crypto asset beta, arguing that the current drawdown is a liquidity story first and a sentiment story second—and that its reversal hinges on the mechanics of the US Treasury General Account (TGA), Federal Reserve balance-sheet policy, and the timing of Washington’s reopening. Crypto Market Awaits US Government Shutdown Resolution Macro analyst @plur_daddy on X summarizes the current state bluntly: “We are seeing the contraction in liquidity flowing through into risk markets. Naturally it first showed up in BTC and market internals within equities, and now is finally hitting the broader indices.” He describes a textbook quality rotation underway—speculative thematics “such as quantum, nuclear, drones, and alt energy have been getting destroyed,” while flows consolidate into the megacap cohort and earnings-backed momentum, notably the AI capex complex. The underlying plumbing, in his reading, is starved of bank reserves as cash piles into the TGA and quantitative tightening (QT) continues to shrink the Fed’s balance sheet. “Monetary liquidity is drawing down as the TGA has become overfilled beyond the Treasury Dept’s $850bn cap, due to mechanical factors around higher issuance, timing of specific payments, and the government shutdown. There is a broader lack of bank reserves which continues to fall below the key $3trn threshold.” His conclusion is conditional but clear: these stresses “will precipitate actions to calm market plumbing but it will take time.” Related Reading: Caution In The Crypto Market: Expert Warns Of Bearish Phase Unfolding This November On the dollar and cross-asset risk, he points to a crucial level: “The DXY has been rallying and is now approaching a key level at 101, which would be a logical point for it to top. I continue to believe the Trump administration wants a lower dollar.” The path to a crypto bottom, in his cadence, is explicitly tied to policy milestones: “The government reopening provides a clear catalyst to mark the bottom in liquidity conditions. Then, we get QT unwinding Dec 1 and then potentially more Fed actions (such as hints on bills repurchases) on Dec 10. The fiscal deficit will expand significantly starting Jan 1 as the OBBBA will fully kick in.” He characterizes Bitcoin’s behavior as resilient—“BTC has held in well despite tremendous OG selling, the aftermath of 10/10, and the factors above”—and describes his own playbook accordingly: “I currently have a sizable cash position and plan to aggressively add equities (especially the memory trade) and BTC once the government reopening looks imminent.” Hours later he added, “Bought some BTC. Seeing progress being made towards government reopening and signs that liquidity headwinds have peaked. Risk/reward here is strong with sentiment bombed out.” When The Liquidity Returns Raoul Pal, whose framework centers almost entirely on the global liquidity cycle, pushes the same thesis to its logical macro conclusion. “If global liquidity is the single most dominant macro factor then we MUST focus on that,” he writes, before distilling the next year of market structure into a single constraint: “REMEMBER — THE ONLY GAME IN TOWN IS ROLLING $10TRN IN DEBT. EVERYTHING ELSE IS A SIDESHOW. THIS IS THE GAME OF THE NEXT 12 MONTHS.” In Pal’s telling, the shutdown’s effect is immediate and mechanical—“the gov shutdown has forced a sharp tightening of liquidity as the TGA builds up with no where to spend it. This is not offset by the ability to drain the Reverse Repo (it is drained). And QT drains it further”—and crypto, as the highest-beta liquidity asset, takes the brunt. The pivot, he argues, is likewise mechanical once fiscal operations restart: “As soon as the gov shutdown ends, the Treasury begins spending $250bn to $350bn in a couple of months. QT ends and the balance sheet technically expands. The Dollar will likely begin to weaken again as liquidity begins to flow.” Related Reading: Crypto Isn’t Topping Yet: Arthur Hayes Says Stealth QE Is Near He layers on prospective policy and regulatory catalysts—“SLR changes free up more of the banks balance sheets allowing for credit expansion. The CLARITY Act will get passed, giving the crypto regs so desperately needed for large scale adoption by banks, asset managers and businesses overall. The Big Beautiful Bill then kicks in to goose the economy into the midterms”—and frames the global backdrop as additive, with China’s balance-sheet expansion and Japan’s policy mix supporting a broader risk rally. His tactical advice is to accept bull-market volatility without over-reacting: “Always remember the Dont Fuck This Up rules… and wait out the volatility. Drawdowns like this are common place in bull markets and their job is to test your faith. BTFD if you can.” The punchline comes down to a single indicator within his dashboard: “td:dr — When this number goes up, all numbers go up.” The through-line across both perspectives is the primacy of dollar liquidity—specifically, the interaction of Treasury cash balances, Fed asset purchases or run-off, and the available stock of bank reserves after the Reverse Repo Program has largely normalized. When the TGA rises without offset, it functions as a suction pump on aggregate reserves; when it falls as the Treasury spends, reserves rebuild, the marginal cost of leverage eases, and high-beta assets—crypto first—tend to outperform. Where does that leave the timing question implied by every red candle on crypto Twitter? Neither source offers a date, but both tether the next leg higher to the same sequence: a resolution in Washington that flips the TGA from hoarding to spending, visible easing in reserve scarcity as QT pauses or is unwound, a swerve lower in the dollar from resistance, and renewed fiscal impulse that re-steepens the growth impulse into 2026. At press time, the total crypto market cap stood at $3.38 trillion. Featured image created with DALL.E, chart from TradingView.com
Bipartisan efforts to refine crypto regulations could bolster US leadership in digital assets, despite political challenges like a shutdown.
The post US lawmakers to meet with Trump’s crypto czar to discuss market structure bill appeared first on Crypto Briefing.
Investors are better off buying ETFs than buying shares in a firm that’s simply putting a crypto asset on its balance sheet, argues Bitwise’s Matt Hougan.
Miami Mayor Francis Suarez started receiving his salary in Bitcoin four years ago, when Bitcoin was valued at around $64,000.
Solana’s recent pullback appears to be finding direction as the price drifts toward the $160 zone, a level attracting strong-handed investors. Despite short-term weakness, sentiment around SOL remains steady, with traders viewing the dip as a potential accumulation opportunity before momentum shifts back in favor of the bulls. Triangle Breakdown Brings SOL To A Critical Accumulation Zone According to the latest outlook from Crypto VIP Signal, Solana’s price recently broke out of a downward triangle, signaling a temporary shift in market structure. This move has brought SOL down to a crucial support region where buyers have previously shown strong interest. The reaction from this area will likely determine whether the market stabilizes for a rebound or continues its downward trajectory in the short term. Related Reading: Solana Price Drops Below $180 Despite $199M ETF Inflows, What’s Behind the Decline? At present, Solana is hovering around the $160 zone, which many analysts view as an important accumulation range. Historically, this level has acted as a reliable base where bullish momentum often begins to build. If demand increases and the broader market sentiment improves, SOL could see a bounce that propels it back toward higher resistance levels. Even with this potential upside, caution remains necessary. Market volatility continues to influence price movements, and a decisive drop below the $150 level could signal a deeper bearish extension. The expert noted that setting a stop-loss slightly under $150 helps protect against this scenario while allowing room for short-term fluctuations. For now, speculation is whether Solana can hold its current support and attract renewed bullish pressure, potentially marking the start of a recovery phase in the coming days. Solana Steadies At Key Weekly Levels Amid Market Slowdown In a recent post on X, CryptoPulse highlighted that SOL is currently holding around key weekly levels as it works to regain strength following recent market pullbacks. The analyst noted that despite short-term weakness in momentum, the overall market structure remains resilient, suggesting that the asset could soon stabilize and prepare for its next move. Related Reading: Solana (SOL) Decline Intensifies — Bears Tighten Grip, Recovery Looks Unlikely According to CryptoPulse, Solana’s long-term outlook is supported by solid fundamentals and a growing ecosystem. The project continues to attract increasing adoption across decentralized finance (DeFi), NFTs, and enterprise applications. Moreover, heavy institutional interest has further strengthened confidence in Solana’s potential to remain one of the leading blockchain platforms in the crypto space. At the moment, CryptoPulse recommends maintaining a neutral and patient stance as the price consolidates, which could offer a more favorable entry point, especially if SOL begins to recover. Once momentum returns, the analyst believes Solana could swiftly reclaim higher resistance levels and potentially resume its broader upward trajectory. Featured image from Pxfuel, chart from Tradingview.com
According to comments made at the Ripple Swell conference, Canary Capital CEO Steven McClurg said the XRP Ledger is lining up as a set of financial rails that could rival legacy systems on Wall Street. Related Reading: ‘Good News’ Finally Arrives For SHIB Army As Team Unveils New Update He argued the ledger’s payment features make it a practical tool for moving money across borders. His remarks come as several big fund managers update filings for potential XRP exchange-traded funds, and as traders watch for approvals that may arrive as soon as mid-November. XRP Ledger Framed As Payment Rails McClurg drew on his background as an emerging-market bond manager when he pointed to high remittance costs as a clear problem. Workers often pay between 8% and 15% to send money home, he said. Blockchain rails like the XRPL can cut those fees, the CEO added, and that use case is part of why he believes institutional interest will grow. He also repeated a prediction he has made before: that XRP ETFs could see $10 billion in inflows in their first month if they launch with strong backing. I liked the ETF session at Ripple Swell. “Way to think about XRP is to think about the XRP Ledger. It’s financial rails. A competitor to Wall Street” pic.twitter.com/KlAaOQPDpl — Vet ????☠️ (@Vet_X0) November 4, 2025 ETF Filings Gain Momentum Meanwhile, Franklin Templeton, Bitwise, and Canary Capital have updated S-1 filings tied to XRP funds. Franklin removed an 8(a) clause from its S-1, a change that reduces a procedural reason for delay. Grayscale has filed a second amendment and has named key executives and counsel on its paperwork. Market participants say these moves suggest managers are preparing for a possible rollout in November, though SEC timing still matters. Payments Utility Versus Investment Structure McClurg argued that XRP’s role as a payments token gives it a different profile from assets that rely on staking. He suggested ETF holders would not face the tradeoff of missing staking yields, which has affected some Ethereum products. That claim is used to explain why an XRP ETF might attract distinct flows, rather than simply following the path of prior crypto funds. Ecosystem Bets And Industry Players Ripple has pushed XRPL-focused products such as RLUSD and institutional services under the Ripple Prime brand. Reports mention partnerships with GTreasury and Rail to boost clearing and custody capabilities. Those efforts are designed to make XRPL more useful for banks and large treasuries that need predictable settlement and custody options. Related Reading: Bitcoin’s Grip Holds — But Signs Of Weakness Are Piling Up: Analyst What Markets Might Do Traders will watch liquidity, trading spreads, and whether early ETF buyers come from corporate treasuries, family offices, or retail channels. A large opening month inflow, like the $10 billion McClurg projected, would change short-term price dynamics. Yet approval dates and fund structures will shape how fast capital moves. Market observers say the timing of filings and removals of delaying clauses increases the odds of visible launches this quarter. Featured image from Unsplash, chart from TradingView
The UK’s top bank says it will roll out stablecoin rules “just as quickly as the US” amid concerns that it's lagging behind global allies.
Data shows sentiment around Bitcoin and Ethereum has plummeted on social media, but XRP and other altcoins are just observing apathy. Social Media Traders Have Turned Bearish On Bitcoin & Ethereum In a new insight post, on-chain analytics firm Santiment has talked about how sentiment around cryptocurrencies has changed on social media following the latest market crash. The indicator of relevance here is the “Positive/Negative Sentiment,” which tells us how bullish sentiment compares against the bearish one on the major social media platforms. Related Reading: Altcoin Winter Here? Ethereum, Solana Activity Plunges The metric works by going through social media posts/messages/threads to separate them into positive and negative using a machine-learning model. Once the posts have been divided, it counts up the number in each category and takes the ratio between them. First, here is a chart that shows the trend in the Positive/Negative Sentiment for Bitcoin over the last few months: As shown in the graph above, Bitcoin Positive/Negative Sentiment has recently plunged, suggesting bearish sentiment has risen on social media platforms. The current value of the indicator is the third lowest for the past six months. Interestingly, the two instances with lower levels coincided with local bottoms for the cryptocurrency. This pattern of the asset going against the crowd opinion has actually been witnessed regularly throughout its history. Considering this, the shift to a negative sentiment on social media may turn out to be a bullish signal for the BTC price. Bitcoin isn’t the only cryptocurrency that’s witnessing a surge in bearish sentiment right now. As Santiment has pointed out, Ethereum has also seen a similar trend in the Positive/Negative Sentiment. In fact, the negative comments have been even more intense for Ethereum, as the current value is the second lowest for the last six months. “Only the flash crash back on October 10th, when Trump temporarily threatened 100% tariffs on China, saw a higher level of bearish vs. bullish comments,” noted the analytics firm. Interestingly, while Bitcoin and Ethereum have seen this development, most other assets in the sector are showing a different trend. Below is a chart that shows how the Positive/Negative Sentiment currently looks for XRP, the coin ranked fourth by market cap. From the graph, it’s apparent that the indicator is sitting at a neutral level for XRP, implying social media users aren’t leaning one way or the other, despite the volatility. Related Reading: CryptoQuant Head Reveals Reason Behind Bearish Bitcoin Trend “Unlike the top two marketcaps in crypto, XRP is showing what most other altcoins are showing… a surprising level of disinterest,” said Santiment. “It’s clear that most of retail has shifted their focus to just talking about BTC (and ETH, to a slightly lesser extent).” BTC Price At the time of writing, Bitcoin is trading around $102,600, down more than 9% over the last week. The trend in the price of the coin over the last five days | Source: BTCUSDT on TradingView Featured image from Dall-E, Santiment.net, chart from TradingView.com
A Polymarket wager on the margin of Mikie Sherrill’s victory in the New Jersey governor’s race severely undervalued the correct outcome.
European session buying lifted volume 78% above the 24-hour average as bitcoin cash set higher lows at $462.67, $474.27 and $479.03.
XRP price has rebounded from a crucial multi-month support level. The top-tier altcoin has rebounded from its multi-month support level of around $2.2 after Tuesday’s crypto capitulation. XRP Price Bottoms Out; Bullish Thesis Since the October 11, 2025 crypto-crash, which wiped out $20 billion from leveraged traders, the XRP price has retested its support level …
Robinhood's crypto revenue was up over 300% in Q3 to $268 million, helping to drive higher overall revenues of $1.27 billion.
Market structure legislation could still see movement this year, but likely won't become law before 2026.
Swiss banking giant UBS has taken a major step toward institutional blockchain by completing its first live tokenized fund transaction on the Ethereum network, a landmark demonstration of blockchain’s real-world utility. By bringing fund operations into blockchain rails, UBS demonstrates how tokenization can eliminate settlement friction, improve transparency, and expand access to digital asset markets. How Institutional Adoption Of Ethereum Is Accelerating In the echelons of global finance and true innovation, UBS, the legendary Swiss banking giant, has announced the completion of the first live tokenized fund transaction on the Ethereum blockchain. According to CryptoGucci’s post on X, UBS has achieved the first on-chain redemption of a tokenized fund using Chainlink’s Digital Transfer Agent (DTA). This agreement marks a milestone in blockchain infrastructure for the $100 trillion fund industry. Related Reading: Ethereum Demand Climbs As Monthly Transactions Hit New All-Time High The transaction involved the tokenized UBS USD Money Market Investment Fund Token (uMINT) on the ETH blockchain. This achievement is engineered to drive unprecedented operational efficiencies and unlock new possibilities for product composability within the traditionally rigid fund industry. Meanwhile, UBS’s proprietary tokenization platform is leading this charge, a platform designed to automate key functions. As articulated by Mike Dargan, UBS Chief Operating Officer and Technology Officer, this transaction represents a key milestone in how smart contract-based technologies and advanced technical standards are poised to enhance fund operations and the investor experience. Ethereum is entering a new era of a super-cycle, where the current price of ETH does not reflect the monumental improvements in its fundamental infrastructure over the past several months. A full-time stock investor and trader, known as StockTrader_Max, has noted that the current situation won’t last much longer, due to the 8-year historical chart of ETH. It also shows that the ETH uptrend over the past 5 years has been in a consolidation phase that’s likely nearing its end. However, this breakout won’t emerge before the end of 2025. Those traders and investors who are patient will benefit exponentially from the super-cycle that is inevitably approaching. This breakout will occur as Wall Street and the broader financial industry adopt the blockchain space and start building on ETH. The Repo Market Just Flashed A Signal Co-founder of weRate_Official, Host of CoinCompassHQ, and bestselling author at Forbes 30U30, Quinten Francois, has revealed that the repo market had just broken. The Federal Reserve just executed an overnight repo operation, injecting a staggering $29.4 billion into the banking system, which is the biggest since the chaos of 2020. Related Reading: Ethereum Emerges As The Sole Trillion-Dollar Institutional Store Of Value — Here’s Why In 2019, this exact scenario triggered an emergency liquidity injection of $255 billion, followed by $6 trillion in Quantitative Easing (QE) after the COVID pandemic conveniently appeared. “Ignore the noise, because this is how every major liquidity cycle begins,” Francois mentioned. Featured image from iStock, chart from Tradingview.com
Record difficulty and declining on-chain fees have dragged Bitcoin mining profitability to a two-year low, creating a widening divide between miners surviving on razor-thin margins and those reinventing themselves as data-center operators for the AI boom. Mining used to be a homogeneous industry moving in sync with Bitcoin’s price. However, it’s now evolving into a […]
The post Bitcoin hashprice sinks to 2-year low as AI pivots split miners appeared first on CryptoSlate.
The launch marks Franklin Templeton’s latest step into digital assets, introducing a blockchain-based UCITS fund as Hong Kong accelerates its push toward real-world asset tokenization.
The mixed ruling was claimed as a victory by both Stability AI and Getty Images, muddying the legal waters around AI and intellectual property.
Some experts suggest that the US Senate is more likely to pass a funding bill to reopen the government before any crypto legislation.
The brokerage platform saw a record $80B in crypto trading volume; shares dipped in after hours action despite the earnings beat.
The project expands Hong Kong’s ongoing trials linking tokenized deposits, money-market funds, and potential CBDC settlement.
The cryptocurrency market has been on edge in recent weeks, and two of its most recognized meme tokens, Dogecoin and Shiba Inu, have suffered the brunt of the sell-off. Both coins have seen significant price drops with low bullish whale activity, declining on-chain performance, and worsening market sentiment. Dogecoin’s fall is aggravated by large holders selling massive amounts of tokens, while Shiba Inu’s troubles are due to its inability to sustain liquidity and demand through its layer-2 network, Shibarium. Together, their price crashes reflect the unease among retail traders concerning the two meme coins. Dogecoin And Shiba Inu Crashing Dogecoin and Shiba Inu’s price action has crashed notably in the past seven days. Dogecoin, for one, fell as high as 17% in a seven-day timeframe, and Shiba Inu also witnessed a comparable 12% drop. Related Reading: Dogecoin Whales Are Offloading Hundreds Of Millions Of DOGE, Here Are The Facts Notably, on-chain data shows that Dogecoin’s recent crash was ignited by a large-scale sell-off from whale wallets holding between 10 and 100 million DOGE. The numbers show that these wallets offloaded roughly one billion coins within seven days. The resulting cascade effect pushed Dogecoin below a key support level near $0.18, which in turn triggered additional liquidations across derivatives markets. As it stands, Dogecoin’s market capitalization had dropped from almost $30 billion to roughly $24.7 billion in the past seven-day timeframe. Trading volume has also surged massively within the past 24 hours, with most of the activity being selling pressure. Shiba Inu has faced its own share of bearish troubles in the past few days. Shiba Inu’s price action fell to around $0.0000089, its lowest price since January 2024. The token’s decline has been compounded by weak liquidity, low trading volume, and a marked slowdown in network activity. Technical indicators confirm its prolonged downtrend, with Shiba Inu trading well below its 50-day, 100-day, and 200-day moving averages. Its Relative Strength Index is below 34, suggesting weak momentum with no sign of bullish divergence. Outlook: Can Dogecoin And Shiba Inu Recover? Both Dogecoin and Shiba Inu mostly depend on community hype, and that is virtually nonexistent as it stands. The wider crypto market downtrend in the past 24 hours has done nothing to help either, with many cryptocurrencies weakening against the growing dollar index. The entire crypto market fell by as much as 4% in the past 24-hour timeframe. Related Reading: Shiba Inu Open Interest Crash To 2024 Levels, Is It Game Over For The Meme Coin? However, crypto history shows that meme coins tend to bounce strongly once overall crypto sentiment improves. Dogecoin’s long-term support around $0.15-$0.17 has always served as a turning point, while Shiba Inu’s oversold RSI could eventually draw bargain hunters if market conditions stabilize. For now, their recovery depends heavily on a better retail engagement and a strong market-wide relief rally, neither of which seems imminent in the short term. At the time of writing, Dogecoin is trading at $0.164 and is looking like it can reclaim its $0.17 support. Shiba Inu, on the other hand, is trading at $0.00000897. Featured image from Getty Images, chart from Tradingview.com
The Chicago-based crypto venture company has already invested part of its new $136 million fund in stablecoin startups, as blockchain VC activity slows in 2025.
Gemini turns Google Maps into a conversational copilot with smarter navigation and real-world awareness, thanks to generative AI.
The company updated its terms to prohibit the purchase or sale of weapons “in contravention of applicable laws,” suggesting that legally permissible transactions were possible.
BlackRock will list an iShares Bitcoin ETF on the Australian Securities Exchange in mid-November 2025, according to public filings and market reports. Related Reading: Bitcoin May Be This Week’s Big Story As Saylor Teases Fresh Buy The product will be a local wrapper around BlackRock’s US iShares Bitcoin Trust — a vehicle that launched in January 2024 and now manages about $85 billion. Based on reports, the new ASX ticker will charge a management fee of 0.39% per year. BlackRock Brings IBIT To ASX The move aims to give Australian investors an easier way to gain exposure to bitcoin through a familiar exchange-listed product. Reports have disclosed that investors who buy the ASX ETF will not hold bitcoin in a private wallet; they will have exposure through the ETF’s structure. That means price swings in bitcoin still apply. It also means custody and technical handling are managed by the fund rather than each investor. What Investors Should Know The fee of 0.39% is competitive when compared with many retail crypto services, but traders and long-term holders will want to check how closely the ETF tracks bitcoin’s price and what trading spreads look like on the ASX. According to filings, the ASX listing will use the US trust as the underlying asset, which raises questions about cross-market flows and the mechanics of how units are created and cancelled. Liquidity on the local exchange, and how market makers support the product, will shape how cheaply investors can enter and exit positions. Market Implications For Australia BlackRock’s entry could prompt other asset managers to list similar products in Australia. Based on reports, the launch follows a wave of spot bitcoin ETF approvals and listings in other markets since early 2024. For retail investors who avoided direct crypto custody, an ETF on the ASX removes some of the operational hurdles. But it does not remove market risk: bitcoin’s price can move sharply. Regulators in Australia have already been refining rules around crypto products, and the presence of a major global manager will put those rules under closer scrutiny. Competition And Risks Smaller providers offering bitcoin exposure through different structures may face tougher competition on fees and access. Reports have also highlighted potential downsides: an ETF wrapper can add a layer of cost and complexity, and investors may misunderstand the difference between owning the underlying asset and owning ETF units. Related Reading: ‘Good News’ Finally Arrives For SHIB Army As Team Unveils New Update Custody arrangements, insurance, and how the trust sources and stores bitcoin are items that advisers and sophisticated buyers will examine. According to market watchers, the timing — mid-November 2025 — matters. Investor appetite, bitcoin’s price action and broader market sentiment around that time will affect how much money flows into the new ETF. For many Australians, this will be a new, regulated route into bitcoin exposure. For the market, it is another step toward mainstream channels where big asset managers compete for crypto assets on familiar ground. Featured image from Unsplash, chart from TradingView
Bitcoin’s sustained price above $100,000 was supposed to signal its arrival as a mature institutional asset. Instead, its sudden reversal below that threshold has unsettled traders and revived fears of another crypto winter. On Nov. 4, Bitcoin briefly dipped to its lowest level since May at $99,075, before recovering to approximately $102,437 as of press […]
The post Bitcoin bear market OR bear trap? Here’s what your ‘quants’ are saying appeared first on CryptoSlate.
The hack was one of the “most sophisticated” attacks so far in 2025, according to Deddy Lavid, CEO of blockchain security company Cyvers.