Bitcoin’s price struggled to regain momentum last week, hovering just above the $100,000 threshold after a turbulent start to November. The entire market sentiment is somewhat fragile following heavy selling pressure from large holders, and on-chain data points to major whale movements that may be adding to the downtrend. High-profile entities, including the Winklevoss Twins’ Gemini Custody wallets and early Bitcoin miner Owen Gunden, have surfaced as key players in this wave of transactions that could be influencing Bitcoin’s recent price action. Winklevoss Twins Move Millions In BTC From Gemini Custody According to blockchain data, wallets linked to Winklevoss Capital and Gemini Custody have been consistently transferring large amounts of Bitcoin over the past several months in an ongoing deliberate adjustment of their holdings. These movements have occurred in several phases, often involving sizeable transactions that appear timed. The latest transaction stands out, showing 250 BTC, worth approximately $25.45 million at current prices, moved to a Gemini hot wallet just hours ago. Related Reading: New XRP ETF Just Dropped, But Will Anything Be Different This Time? If these transfers correspond to sales, it would mean that the twins have been methodically unloading their Bitcoin positions over time rather than engaging in sudden bulk liquidations. Cumulatively, they have now effectively liquidated over 9,000 BTC, equivalent to around $900 million, since the start of 2025. This has caused their holdings to fall from roughly 24,000 BTC earlier in the year to under 16,000 BTC right now. Bitcoin OG Owen Gunden Moves Final Holdings Toward Exchanges Another major wallet attracting attention belongs to Owen Gunden, an early Bitcoin miner and Genesis creditor. Data from on-chain analytics platform Lookonchain reveals that Gunden recently initiated large transfers totaling 3,549 BTC (around $361.8 million) in a single transaction just eight hours ago. Related Reading: Pundit Highlights Major Move For XRP And RLUSD, Will Price Follow? The move follows earlier transactions this week, including 3,601 BTC ($372.1 million) sent one day prior. Notably, approximately 600 BTC from these transfers, worth over $61 million, have already been deposited on Kraken, signaling possible liquidation. These movements have reduced Gunden’s total holdings from around 11,000 BTC to nearly zero. Such large transfers to exchange-linked wallets often precede sell orders, contributing to short-term selling pressure. The Gunden transfers, alongside similar large movements like those from the Winklevoss twins, are among several whale sell events recorded in November that have added to Bitcoin’s persistent selling pressure. This trend is apparent in the broader institutional market, where US-based Spot Bitcoin ETFs have also seen sustained outflows. Data shows that Friday of last week closed with $558.44 million leaving these funds. The combined effect of these whale movements presents a concerning outlook for Bitcoin’s short-term trend. However, this weekend has been highlighted by another green weekend for Bitcoin. At the time of writing, Bitcoin is trading at $106,270, up by 4.4% in the past 24 hours. This follows a string of green weekends over the past four weeks, which were immediately reversed on the following monday. Featured image from Dall.E, chart from TradingView.com
Jim Chanos closed his 11-month short on Strategy as multiple to net asset value compressed sharply.
The BoE's stablecoin cap may hinder innovation and competitiveness, impacting the UK's position in the evolving digital finance landscape.
The post BoE suggests limiting stablecoin holdings to £20,000 per head appeared first on Crypto Briefing.
The reopening of the US government could fuel Bitcoin price recovery, as exchange order-book liquidity placed $112,000 on top of the list for bulls.
The Secured Overnight Financing Rate (SOFR) just fell off a cliff. For most people outside financial circles, that means absolutely nothing. For markets, it’s seismic. Borrowing money overnight in U.S. markets suddenly got much cheaper. And in the plumbing of the global financial system, that’s the equivalent of someone opening the floodgates a little wider. […]
The post Cheaper cash, higher risk as a key US funding rate suddenly collapses appeared first on CryptoSlate.
What to Know: James Chanos closed his $MSTR/$BTC short position, a sentiment shift that often precedes broader risk-on phases for investors. Strategy added 397 $BTC last week, reinforcing the corporate DCA bid beneath Bitcoin’s price action. Bitcoin Hyper maps a canonical bridge + SVM design to bring speed to $BTC while anchoring settlement on L1 for added security. The presale has raised around $26.4M with 44% staking yields, and the price is at $0.013245. It will increase in the next seven hours. A closely watched bear bet just blinked. Renowned short seller James Chanos has closed his 11-month $MSTR/$BTC hedge, signaling a shift in the trade that’s defined the downcycle for Bitcoin-exposed equities. Bears don’t give up easily, but when they do, they often have an outsized impact on the market. That shift matters for traders who’ve been waiting for a cleaner macro tape to let crypto beta breathe. Plus, momentum in Bitcoin treasuries adds weight to the narrative. Michael Saylor’s Strategy added another 397 $BTC last week, lifting its stack to 641,205 $BTC while continuing to tap capital markets. Corporates using dollar-cost averaging at six figures per coin is the opposite of capitulation; it’s an institutional bullish case. If the short-side thesis is disappearing while balance-sheet buyers keep buying, the bear narrative might become a thing of the past soon. Chanos’ exit also came as the premium between Strategy’s equity and its underlying $BTC narrowed hard, and that’s one reason the hedge made less sense to maintain. For traders watching risk rotations, that’s the setup where liquidity fans out to higher-beta names and fresh narratives. In that environment, projects that aim to upscale Bitcoin’s speed and programmability, like Bitcoin Hyper ($HYPER), tend to stand out. ???? Learn more about Bitcoin Hyper in our comprehensive review. Bitcoin Hyper ($HYPER) – $BTC Security, SVM-Speed, L2 Upscaling Bitcoin Hyper’s thesis is straightforward: keep Bitcoin as the settlement bedrock while shifting throughput to an SVM execution layer that feels near-instant. $BTC’s real-time transaction speed averages just seven TPS, far from the likes of Solana’s ~700 TPS. So, $BTC’s chain is extremely slow, so much so that it’s almost unusable for most modern DeFi demands. Bitcoin Hyper wants to change that. Its architecture features a Canonical Bridge that takes your $BTC and mints wrapped $BTC on a Layer-2 that processes fast transactions, then batches updates back to Layer-1 with zero-knowledge commitments. In plain English: you get Bitcoin’s credibility with modern performance, opening the door to payments, DeFi, and dApps without leaving the $BTC orbit. The full ecosystem involves easy deposits, fast-lane execution, periodic settlement, withdrawal, plus a token model where $HYPER powers gas, staking, and governance. $HYPER’s tokenomics reads like a typical bootstrapping plan (development, rewards, listings, marketing, and treasury) aimed at scaling slowly and methodically. That’s an important context if you’re tracking sustainability. But the utility pitch is the real tell: if the Layer-2 actually makes $BTC feel instant and cheap, usage can start to outrun emissions. Over $26.4M Raised in Viral Presale: Best Altcoin to Buy? $HYPER’s presale momentum supports the narrative. The total raise has hit $26.4M, fueled by several whale purchases in recent months (including $379K last month). This is a healthy signal that retail is still willing to fund execution bets tied to Bitcoin if the story is coherent and proves useful. With a token price of $0.013245 and a staking APY of 44%, investing in $HYPER now is a smart move if you want to get in early. And our $HYPER price prediction estimates a potential $0.08625 price point by the end of 2026 – that’s a 551% increase from today’s price. ???? Take a look at our step-by-step guide to buying $HYPER. ‘Pay for utility, not fantasy’ is the tone, which is exactly the kind of framing that lands when the bear fog lifts and the focus shifts back to risk-on moves. For now, the signals rhyme: a veteran shorter closes shop, corporate balance sheets keep stacking Bitcoin, and $BTC’s infrastructure story moves from forum posts to credible rollup design. If the bear market is indeed fading, leadership often starts at the top (Bitcoin) and then rotates to the best altcoins out there (Bitcoin Hyper). A $BTC-anchored Layer-2 with a clear technical map and growing presale demand fits that playbook perfectly. ???? Get your $HYPER now before the next price increase. Disclaimer: This is informational, not financial advice. Crypto is volatile; staking rates vary, presales carry execution risk, and timelines can change. Always do your own research. Authored by Elena Bistreanu, NewsBTC – https://www.newsbtc.com/news/bitcoin-bears-retreat-short-seller-closes-trade-bitcoin-hyper-soars
Indirect measures like tax cuts may not have as much bullish impact as direct checks.
The broker reiterated its buy rating on the stock while raising its price target to $70 from $42.
The token has support at $2.60 and resistance at the $2.93 level.
Bitcoin made major gains on the back of the US government potentially ending its shutdown, while planning to give many Americans a $2,000 tariff “dividend.”
After 40 long days of economic uncertainty, the U.S. government shutdown, the longest in the nation’s history, has finally come to an end. The Senate voted 60-40 to move forward with a bipartisan deal, and final approval is expected within days. This breakthrough could quickly lift market confidence, restart frozen government operations, and restore investor …
Your look at what's coming in the week starting Nov. 10.
The market never fails to deliver excitement, especially this week. HYPE’s price story keeps traders glued to the charts, with fast-paced moves and bold defenses of support levels. Today, Hyperliquid crypto price clocks in at $42.81, printing an impressive 6.99% rise over the past 24 hours. And notching up a weekly gain of close to …
Bitcoin pushed sharply higher in early European trade on Monday, November 10, 2025, briefly reclaiming the $106,000 handle after a volatile weekend. The move arrives as a cluster of macro-liquidity signals and policy headlines flips risk appetite at the margins. Why Is Bitcoin Price Up Today? Under the surface, traders point to three interlocking drivers: an abrupt shift in Federal Reserve balance-sheet guidance, rising odds that Washington’s shutdown saga could be resolved imminently with a subsequent Treasury General Account (TGA) drawdown, and a fresh wave of policy chatter—from 50-year mortgages to potential relief checks—that revives the “liquidity impulse” debate. The most concrete development is the Fed’s communication pivot on reserves and the balance sheet. New York Fed President John Williams signaled last week that, with reserves sliding from “abundant” toward merely “ample,” the central bank may soon need to resume asset purchases—not for stimulus, but to maintain smooth money-market functioning as the Fed halts quantitative tightening on December 1 and begins fully reinvesting maturing Treasuries. Related Reading: Bitcoin Correction Nears Peak Point — Is A Rebound Underway? “The Fed may soon need to expand the balance sheet for liquidity needs,” Williams said, emphasizing any buying would be technical rather than a new QE program. QT will stop on December 1 and officials are preparing for balance-sheet growth as needed to stabilize reserves. Washington politics, paradoxically, is the other tailwind. Prediction markets now handicap material odds that the record-long US government shutdown will be resolved in mid-November. Polymarket shows odds for 87% for a resolution between November 12–15 range. Why does that matter for Bitcoin? Because when a shutdown ends, Treasury spending typically picks up and, all else equal, cash flows out of the TGA at the Fed into the banking system, raising bank reserves. That mechanical linkage—TGA down, reserves up—has been well documented. A reserve boost, especially with the Fed no longer draining liquidity via QT, is the kind of macro backdrop that has historically coincided with stronger crypto bid. Related Reading: Bitcoin Options Craze: OI Looks Set To Keep Printing ATHs, Glassnode Says Into that mix, fresh policy chatter is stoking “liquidity imagination.” Over the weekend, President Trump and FHFA leadership floated the idea of permitting 50-year mortgages, a change that, if implemented through the government-sponsored enterprises, would materially reshape US housing finance duration and lower monthly payments at the cost of higher lifetime interest. On X, the liquidity narrative is being distilled—loudly—into punchy memes and historical analogies. Capriole Investments founder Charles Edwards (@caprioleio) summed up the day’s bull case: “Bullish weekly close. 90% chance US shutdown ends this week (Polymarket). Fed dropping rates 1% over 18 months. Fed confirmed plan to grow balance sheet! Equities Fear & Greed in extreme Fear! Put/Call ratio bullish. Send Bitcoin back up.” James Lavish (@jameslavish) pushed the fiscal angle: “Trump is floating $2K stimmy checks, the FHFA is considering 50-year mortgages, and the US government continues to run $2 trillion deficits. Please tell me again how the era of easy liquidity and asset inflation is ending.” Yann Allemann and Jan Happel, the co-founders of the blockchain data and intelligence platform Glassnode(@Negentropic_) tied it back to the TGA: “Deal for gov shutdown on the horizon. This will give the Treasury a green light to start draining the TGA. This is a major ingredient for the final up leg to play out.” Joe Consorti (@JoeConsorti) added a retail-flow callback: “Welcome back, helicopter money… had you invested your $1,200 stimulus check in Bitcoin, it’d now be worth $18,607. Don’t mess this up.” At press time, Bitcoin traded at $106,265. Featured image created with DALL.E, chart from TradingView.com
After 41 days of shutdown, airport lines have grown longer, federal workers are still unpaid, and public frustration is boiling. But last night, for the first time in weeks, Washington showed signs of movement. The U.S. Senate voted 60–40 to advance a government funding plan, the most significant step toward reopening the government since the …
The FSA is considering a new system that would require crypto custody and trading management service providers to register with authorities.
Bitcoin’s recent rally above $107,000 has brought bullish sentiment across the crypto market. But behind the scenes, some of Bitcoin’s earliest holders are quietly dumping billions of dollars worth of BTC to exchanges. One of them, an OG whale, has reportedly moved his remaining 11,000 BTC worth over $1.1 billion to exchanges, raising a big …
The idea of direct household payments, even hypothetical, revived the same risk-on reflex that drove digital assets during the pandemic-era stimulus rounds.
The crypto market today stands on the edge of what could be one of the most explosive weeks of 2025. With the U.S. government shutdown ending, an FOMC rate cut expected, and the Federal Reserve set to inject $1.5 trillion in liquidity, traders are calling it the “perfect storm” for a massive Bitcoin price breakout. …
Bitcoin and gold often display a recurring pattern during the Christmas rally. Their movements are shaped by Federal Reserve policy, inflation trends and overall market liquidity.
In a crypto market waiting for its next breakout, Pi Network continues to struggle with direction. Once seen as a community-driven revolution, the project now sits in limbo, caught between promise and misunderstanding. The network was founded on a simple idea: one coin, one community, one vision. But confusion has spread across the ecosystem as …
The crypto market today is seeing a renewed wave of momentum within the top 100 altcoins, with Decred (DCR) and StarkNet (STRK) emerging as standout performers. Both tokens surged sharply over the last 24 hours, outperforming major assets like Bitcoin and Ethereum. Decred price jumped over 62%, driven by renewed interest in its hybrid governance …
President Donald Trump’s plan to give most Americans a $2000 “tariff dividend” has sparked huge discussion across the economy and crypto markets. Trump says the money would come from tariff revenue, which would help reduce the national debt and then be shared with citizens. High-income earners would be excluded. The market reacted instantly. Bitcoin jumped …
The crypto market has erupted in the last 24 hours, reversing a rough monthly decline with a sharp 4.8% rebound. The total market cap sits at $3.58 trillion, and 24-hour volume surpassed $162.235 billion. Consequently, the average crypto RSI is edging toward the overbought territory at 57.74. Talking about sentiments, marketers remain cautious, with a …
So far in history, the Dogecoin price has seen two major price rallies that have led the meme coin to reach brand new all-time highs. Given this trend, the expectations are that the cryptocurrency could be getting ready for another rally like the last two bear markets. Even though the year 2025 is about to come to an end and there has been no such rally in sight, it has not dimmed bullishness among investors. Analyst Predicts 3rd Wave For Dogecoin Price Pseudonymous crypto analyst EtherNaysyonal shared an analysis with the Dogecoin community that shows where they expect the DOGE price to be headed next. This analysis focuses on the sudden explosive bull runs that have happened in the Dogecoin lifetime, predicting the next one that could send the meme coin toward new all-time highs. Related Reading: Big Bitcoin Holders Are Selling, But Few Buyers Are Stepping In As Demand Weakens Highlighting the previous performances, the crypto analyst shows how the Dogecoin price has consolidated for a long time before reaching an end in 2017. Once this bottom was established, the price saw an over 7,000% increase, rising from below $0.00028 to over $0.02 before the bear market began in 2018. Next came another long consolidation trend that spanned years before ending in 2021. Just like the performance in 2021, the end case for the 2021 rally was similar, which was an explosive rally. The Dogecoin price increased from below $0.0028 to over $0.7, registering an over 30,000% increase by the time the run was completed. Pointing to these previous performances, the analyst believes that Dogecoin may be on the verge of another major run. If the price sees a similar bounce, then the analyst believes that the meme coin’s price will cross $1. By the time it’s done, it could see an over 1,200% increase, causing the price to reach $2.2 before the momentum fades. The Evolution Of DOGE The analysis comes in response to a previous post that EtherNaysyonal had made, showing how Dogecoin has managed to evolve from a joke into a serious cryptocurrency. They explain that the existence of DOGE shows that money doesn’t always have to be serious. Related Reading: $300 Million Worth Of XRP On The Move – Where Are They Headed? Despite starting out as a joke, though, Dogecoin has since grown beyond that and has seen some major developments that solidified its position in the market. Just like Bitcoin, Ethereum, Solana, and XRP, Dogecoin is one of the few cryptocurrencies out of millions to be used as a reserve currency by companies. There have also been several ETF filings for Dogecoin as it is being moved into the mainstream for institutional participation. DOGE has also been incorporated into the likes of Tesla as a payment method for merchandise, expanding its reach. Featured image created with Dall.E, chart from Tradingview.com
Zenrock's wrapped Zcash token, zenZEC, has achieved $15 million in trading volume on the Solana blockchain since its launch on Oct. 31.
The global crypto market today kicked off the week on a cautiously optimistic note after a subdued weekend of consolidation. Bitcoin (BTC) price reclaimed key resistance near $106,000 while Ethereum (ETH) price surged past $3,600, fueling renewed interest in the broader crypto market. Trading volumes are picking up across major exchanges as investors position for …
Many long-term Bitcoiners are selling up, such as early arbitrage trader Owen Gunden, who shifted the last of his 11,000 Bitcoin to an exchange.
Following last week’s sharp decline, the cryptocurrency market has rebounded with strong momentum. In just 24 hours, global crypto valuation jumped nearly 5%, reaching $3.58 trillion. Bitcoin climbed past $107,000, while Ethereum, Solana, and XRP saw double-digit gains. But what’s causing this sudden market comeback? Here are five key reasons driving the rally. Trump’s $400 …
Ledger secures about $100 billion worth of bitcoin for its customers.