Spot bitcoin ETFs in the US recorded $40.5 million in net outflows yesterday amid a broad recovery in crypto market prices.
SpaceX's Bitcoin movement highlights the potential for increased market volatility and investor caution amid global economic uncertainties.
The post Elon Musk’s SpaceX moves $268M in Bitcoin for first time in 3 months appeared first on Crypto Briefing.
Discover how Bitcoin mining runs in 2025: From halving rewards and ASIC rigs to mining pools, hashprice shifts and power use.
Anatoly Yakovenko, co-founder CEO of Solana Labs, has unveiled plans for a new decentralized exchange (DEX) named Percolator, designed as a sharded perpetuals protocol built directly on the Solana blockchain. The platform aims to provide a self-custodial and high-speed solution for perpetual futures trading, allowing crypto traders to speculate on price movements without the limitation of expiry dates. Solana’s Percolator Documentation Released The documentation for Percolator was released on GitHub, where it is described as “implementation-ready.” It introduces two primary components: a Router and a Slab program. The Router manages collateral, portfolio margins, and cross-slab routing, while the Slab program functions as a matching engine overseen by liquidity providers (LPs). Each slab operates independently, enabling what Yakovenko refers to as “fully self-contained matching and settlement.” Related Reading: Analyst Uses AI To Show How The XRP Price Could Rally To $1,700 This design ensures that any issues arising from a particular slab do not affect users who have not interacted with it. Yakovenko emphasized the advantages of this architecture, stating: This design keeps each LP’s slab fully self-contained and innovable, while the Router guarantees atomic routing, portfolio netting, and capability-scoped safety. The project’s GitHub repository already shows completed data structures for order books and memory pools, although the development of liquidation systems is still in progress. However, no official launch date has been announced. Competition In Derivatives Market Intensifies Currently, the Solana Foundation has not disclosed whether Percolator will receive formal ecosystem support or if it will emerge as a community-driven protocol. Should it succeed, Percolator would add to the expanding repertoire of native financial primitives being developed on the Solana blockchain, which already includes decentralized options, lending protocols, and tokenized asset platforms. At present, the code for Percolator remains under review on GitHub, and developers engaged with the repository indicate that the project is “deep in testing.” This suggests that a launch could be imminent, provided that the liquidation and governance components are finalized. The introduction of Percolator comes at a critical time, as competitors like Hyperliquid (HYPE) are expanding their presence in the derivatives-focused DEX space. Related Reading: ‘Buy Of The Century’: Cardano Could Be The 2026 Game-Changer Under $0.20 — Analyst Hyperliquid recently implemented permissionless, builder-deployed perpetual contracts through its HIP-3 upgrade, allowing users to stake a minimum of 500,000 HYPE tokens—approximately $18 million—to launch their own perpetual markets with independent margin rules. Hyperliquid accounted for 35% of all blockchain revenue in July, attracting users away from platforms like Solana, Ethereum (ETH), and BNB Chain. Asset manager VanEck recently noted that Hyperliquid has successfully retained high-value users, thanks in part to its “simple, highly functional product.” As of press time, SOL is trading at $187.70, marking a 20% loss over the past fourteen and thirty days. This puts SOL 35% below its all-time high of $293, which was reached earlier this year. Featured image from DALL-E, chart from TradingView.com
Selling builds near $0.20 resistance after multiple failed breakout attempts, while macro stress keeps traders defensive across alt markets.
Péter Szilágyi, a former EF core developer, sparked debate by publishing a critical letter he sent to EF leadership last year.
Ethereum is once again in the spotlight this time for both praise and controversy. While co-founder Vitalik Buterin applauded Polygon and its co-founder Sandeep Nailwal for their remarkable contributions to the Ethereum ecosystem, Ethereum core developer Péter Szilágyi criticized the network’s internal governance, accusing the Ethereum Foundation of being overly centralized. These opposing perspectives underscore …
The ongoing U.S. government shutdown has stalled the approval process for the long-awaited XRP exchange-traded funds (ETFs). Several funds were originally scheduled for their approval deadlines in October, but the Securities and Exchange Commission (SEC) has paused all related actions due to the shutdown. XRP ETFs Pushed to Late 2025 A crypto expert recently said …
Floki Inu (FLOKI), the popular meme-inspired cryptocurrency, surged nearly 30% in the past 24 hours, emerging as one of today’s top-performing tokens. The surge came after billionaire Elon Musk shared an AI-generated video of his Shiba Inu “Floki” sitting at a CEO desk, sparking the new excitement in the meme coin market. Elon Musk’s Post …
StarkWare CEO Eli Ben-Sasson said corporate blockchains will help with mainstream adoption, but long term, they will be abandoned if they try to retain control.
Bitcoin (BTC) started the week recovering 6% from Friday’s drop and attempting to reclaim a crucial area that could set the stage for a trend continuation. However, some analysts have advised caution as BTC’s next leg up could be delayed until December. Related Reading: XRP DEX Volumes Surge As Price Plunges: Smart Money Accumulating? Bitcoin To Move Sideways Until December? After the end-of-week market downturn, Bitcoin has bounced to the $110,000 level and is attempting to turn this area into support again. Notably, the flagship crypto has been trading within the $108,000-$120,000 price range since July. Last week, BTC recorded its second drop below the range lows, falling to the $103,500 mark on Friday. Over the weekend, the cryptocurrency’s price stabilized and reclaimed the $106,000-$108,000 area. Now, Bitcoin has recovered 6.2% from the recent lows and could potentially target higher levels in the short term. Analyst Crypto Kaleo pointed out that BTC’s multi-year ascending trendline has held as support despite the recent retest and overall sentiment turning bearish, suggesting that investors should “be more bullish.” Similarly, Sjuul from AltCryptoGems highlighted that despite the current market sentiment, which shows the Fear and Greed index remains at fear levels, the flagship crypto is “still perfectly holding that flipped resistance level,” around $108,000, and is holding it as support. “Not sure if this is the place to turn bearish. Support is support, until it is not,” the analyst affirmed. Altcoin Sherpa also shared a positive outlook, emphasizing that BTC’s chart doesn’t look “that bad when you zoom out,” as it remains in the same multi-month price range and could challenge the $114,000-$115,000 area. Nonetheless, the analyst cautioned that it may be “too early to really call any sort of bullish reversal,” forecasting that the cryptocurrency will likely see “a ton of chop over the next 6-8 weeks, and we range between 100k-115k and hopefully have a nice December.” $114,000-$116,000 Area Remains Key Rekt Capital stated that as long as the price holds the current levels, it could move to the $114,000 area for a key trend continuation across its range and potentially revisit the highs. To achieve this, the analyst explained that Bitcoin must reclaim its 21-week Exponential Moving Average (EMA) as support, which was lost after Sunday’s close below the $110,000 mark. The 21-week EMA has served as support during pullbacks since late Q2. He explained that the cycle has been one of downside deviations, with price weekly closing below key levels and positioning for a bearish retest before successfully reclaiming these levels as support and rallying higher. Based on this, “it’s not a given that price will reject from the 21-week EMA.” The analyst also shared an outlook for BTC’s range in the monthly timeframe, where it has been consolidating while upside wicking beyond the range high and downside wicking below the range low since July. Related Reading: Dogecoin Price Moves: Can It Repeat The 36,000% Rally ‘Anomaly’ From Last Cycle? “As part of this consolidation, there is a potential Lower High developing which isn’t yet solidified; the upcoming Monthly Close will inform more about whether that indeed will become a resistance,” he detailed Rekt Capital concluded that a monthly close above the Lower High would invalidate the potential setup, and a close above the range high resistance would position Bitcoin for a range breakout, “especially if a November post-breakout retest of $116k into new support takes place.” As of this writing, Bitcoin is trading at $110,850, a 2% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
British Columbia is moving to ban new crypto mining connections to protect its Hydro power grid. For years, analysts have argued this is the wrong approach.
Crypto traders can use ChatGPT to decode crypto headlines and generate actionable trade setups — fast, flexible and surprisingly accurate (subject to human verification).
One analyst told The Block that crypto prices may continue to exhibit similar volatility in the near term.
Solana started a fresh decline from the $208 zone. SOL price is now consolidating losses below $200 and might decline further below $182. SOL price started a fresh decline below $212 and $200 against the US Dollar. The price is now trading below $200 and the 100-hourly simple moving average. There was a break below a key rising channel with support at $188 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start another increase if the bulls defend $182 or $175. Solana Price Dips Again Solana price extended gains above $200 and $202, like Bitcoin and Ethereum. SOL even surpassed $210 before the bears appeared. A high was formed near $208 and the price dropped. There was a move below $200 and $182. A low was formed at $174, and the price recently attempted a minor recovery wave. It climbed above the 50% Fib retracement level of the downward move from the $208 swing high to the $174 low. However, the bears remained active below $195. They protected the 61.8% Fib retracement level of the downward move from the $208 swing high to the $174 low. SOL is again moving below $190. Besides, there was a break below a key rising channel with support at $188 on the hourly chart of the SOL/USD pair. Solana is now trading below $188 and the 100-hourly simple moving average. If there is a recovery wave, the price could face resistance near the $188 level. The next major resistance is near the $195 level. The main resistance could be $200. A successful close above the $200 resistance zone could set the pace for another steady increase. The next key resistance is $208. Any more gains might send the price toward the $215 level. Downside Continuation In SOL? If SOL fails to rise above the $195 resistance, it could continue to move down. Initial support on the downside is near the $182 zone. The first major support is near the $175 level. A break below the $175 level might send the price toward the $165 support zone. If there is a close below the $165 support, the price could decline toward the $150 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 – $182 and $175. Major Resistance Levels – $195 and $200.
Coinbase has paid $25 million for an NFT that compels the once popular crypto podcast UpOnly to restart. Bull market vibes anyone?
Coinbase wants AI safe harbors, blockchain analytics recognition, and zero-knowledge proof adoption to replace outdated compliance systems.
Crypto analyst Stern Drew has set the XRP community abuzz after breaking down what could be one of Ripple’s biggest moves yet, the Evernorth Project. Backed by Ripple and major investors, Evernorth is going public with plans to raise over $1 billion, aiming to build the world’s largest institutional XRP treasury. But what makes this …
Ripple co-founder Chris Larsen has stirred the crypto market after offloading 50 million XRP tokens, worth roughly $120 million, according to data from CryptoQuant. The sale, completed within just an hour, marks Larsen’s first major XRP transaction since July. Given his deep ties to Ripple’s ecosystem, the move quickly drew attention and raised questions about …
The global crypto market has turned red once again, with total market capitalization dropping by 2.63% to $3.65 trillion. Bitcoin is trading near $107,965, and Ethereum is holding around $3,856, both showing weak momentum. Altcoin strength has also faded, with the Altcoin Season Index at just 25 out of 100, meaning most gains remain concentrated …
Polygon’s Sandeep Nailwal slammed the Ethereum community for underappreciating Polygon’s role in the Ethereum ecosystem, prompting a response from Vitalik Buterin.
XRP price started a recovery wave above $2.40. The price is now facing resistance near $2.5350 and at risk of a fresh decline. XRP price is moving lower from the $2.5350 zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $2.5350 resistance. XRP Price Faces Resistance XRP price formed a base above $2.20 and started a recovery wave, like Bitcoin and Ethereum. The price surpassed the $2.350 and $2.40 resistance levels. The bulls were able to push the price above $2.50, and the 50% Fib retracement level of the downward move from the $2.647 swing high to the $2.190 low. However, the bears remained active near the $2.5350 level and prevented more gains. The price failed to clear the 76.4% Fib retracement level of the downward move from the $2.647 swing high to the $2.190 low. It is again moving below $2.50. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. Besides, there is a connecting bullish trend line forming with support at $2.420 on the hourly chart of the XRP/USD pair. If there is a fresh upward move, the price might face resistance near the $2.480 level. The first major resistance is near the $2.50 level, above which the price could rise and test $2.5350. A clear move above the $2.5350 resistance might send the price toward the $2.580 resistance. Any more gains might send the price toward the $2.650 resistance. The next major hurdle for the bulls might be near $2.720. Another Drop? If XRP fails to clear the $2.50 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.420 level. The next major support is near the $2.40 level. If there is a downside break and a close below the $2.40 level, the price might continue to decline toward $2.350. The next major support sits near the $2.320 zone, below which the price could continue lower toward $2.250. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.420 and $2.40. Major Resistance Levels – $2.50 and $2.5350.
The Bitcoin price showed some signs of recovery at the start of the week, trading above the $110,000 mark. This uptick follows two consecutive Fridays of major drops, igniting fears and uncertainty among investors. These concerns have been compounded by predictions from experts about a potential bear market on the horizon. Looming Bear Market Threat Market analyst Doctor Profit, known for his accurate forecasts regarding the recent Bitcoin price trajectory, has recently cast doubt on whether market makers will allow both retail and institutional investors to exit at more favorable prices after incurring losses. Related Reading: Dogecoin Price Moves: Can It Repeat The 36,000% Rally ‘Anomaly’ From Last Cycle? In a social media post on X (previously Twitter), he suggested that the maximum bullish scenario for the Bitcoin price in the near-term could reach around $116,500, representing a 9% increase from its current levels. However, he emphasizes that a drop below $101,700 would breach what he terms the “magic bull market line,” effectively confirming a bear market. Profit advises caution, predicting a significant move that could push the Bitcoin price below this critical threshold, signaling the end of the bull run. Adding to the bearish sentiment, the Bitcoin price is currently hovering below the short-term holder realized price of $112,500. This figure represents the average entry point for short-term traders and buyers, many of whom are now facing losses. On-chain data compiled by the expert also indicates that these traders are likely to sell off their positions if the Bitcoin price dips between 5% and 10%, potentially intensifying short-term selling pressure. Challenging Times Ahead For Bitcoin Price Profit further elaborates on the market conditions, pointing out that current price movements are indicative of market makers liquidating both bullish and bearish positions. “Nothing goes down in a straight line,” he notes, suggesting that while the market could be in a bear market, it is essential to remain aware of short-term fluctuations. He argues that high-leverage traders must be wiped out on both sides before the market experiences its next significant downward movement. Related Reading: Is The Dogecoin Bull Run Over? Analyst Sees Echoes Of 2021 The expert also warns that every brief rally is designed to mislead bullish traders and liquidate late bearish positions. The market makers’ strategy appears to involve pushing Bitcoin toward the $116,500 region to eliminate late bears and generate sufficient liquidity for another downward price adjustment, potentially leading to new local lows. Looking ahead, Doctor Profit predicts that such price movements will continue to recur in the coming weeks and months, creating a challenging environment for investors in the volatile digital asset market. Featured image from DALL-E, chart from TradingView.com
As the U.S. government shutdown stretches beyond 20 days, concerns are growing that it could temporarily slow down the approval process for new crypto ETFs, including the highly anticipated XRP exchange-traded fund (ETF). Zach Pandl, Head of Research at Grayscale Investments, said that while certain government functions remain open, ETF and ETP product reviews are …
Slerf's refund completion highlights accountability and resilience, setting a precedent for community-driven recoveries in the crypto space.
The post Slerf completes refunds for $10M burned presale meme coins from March 2024 appeared first on Crypto Briefing.
Ethereum price started a recovery wave above $3,950. ETH failed to clear $4,050 and recently started a fresh decline below $4,000. Ethereum started a fresh recovery above $3,880 and $3,980. The price is trading below $3,950 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $3,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,840. Ethereum Price Fails Again Ethereum price started a decent recovery wave above the $3,800 resistance, like Bitcoin. ETH price surpassed the $3,880 and $3,980 levels to enter a short-term positive zone. The price even cleared the 50% Fib retracement level of the downward move from the $4,292 swing high to the $3,677 low. However, the bears remained active near the $4,080 resistance zone and prevented an upside continuation. The price failed to settle above the 61.8% Fib retracement level of the downward move from the $4,292 swing high to the $3,677 low. There was a fresh decline below $4,000. Besides, there was a break below a bullish trend line with support at $3,960 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,960 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $3,980 level. The next key resistance is near the $4,050 level. The first major resistance is near the $4,080 level. A clear move above the $4,080 resistance might send the price toward the $4,120 resistance. An upside break above the $4,120 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,220 resistance zone or even $4,250 in the near term. Downside Break In ETH? If Ethereum fails to clear the $3,980 resistance, it could start a fresh decline. Initial support on the downside is near the $3,860 level. The first major support sits near the $3,840 zone. A clear move below the $3,840 support might push the price toward the $3,820 support. Any more losses might send the price toward the $3,680 region in the near term. The next key support sits at $3,620. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,840 Major Resistance Level – $4,050
Bitcoin price is attempting to recover above $108,000 and $108,500. BTC tested $111,800 and is currently trimming recent gains. Bitcoin started a fresh recovery wave above the $108,000 resistance level. The price is trading above $108,000 and the 100 hourly Simple moving average. There is a bullish trend line with support at $108,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it trades above the $110,500 zone. Bitcoin Price Trims Some Gains Bitcoin price started a recovery wave above the $105,500 resistance. BTC was able to surpass the $107,500 and $108,500 resistance levels. The bulls pushed the price above $110,500. There was a clear move above the 50% Fib retracement level of the recent decline from the $115,975 swing high to the $103,582 low. However, the bulls struggled to keep the price above the $111,500 level. The price is slowly moving lower from the 61.8% Fib retracement level of the recent decline from the $115,975 swing high to the $103,582 low. Besides, there is a bullish trend line with support at $108,800 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $109,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $110,500 level. The first key resistance is near the $111,200 level. The next resistance could be $111,500. A close above the $111,500 resistance might send the price further higher. In the stated case, the price could rise and test the $112,500 resistance. Any more gains might send the price toward the $113,200 level. The next barrier for the bulls could be $115,000. Another Drop In BTC? If Bitcoin fails to rise above the $110,000 resistance zone, it could start a fresh decline. Immediate support is near the $108,800 level and the trend line. The first major support is near the $108,000 level. The next support is now near the $107,550 zone. Any more losses might send the price toward the $106,500 support in the near term. The main support sits at $105,500, below which BTC might struggle to recover in the short 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 – $108,800, followed by $108,000. Major Resistance Levels – $110,500 and $111,500.
Coinbase urges US Treasury to fight crypto crime with blockchain analytics, AI and APIs —and to create safe-harbors so firms can deploy them to modernize AML.
Centralized governance in Ethereum may hinder decentralization goals, risking protocol capture and diminishing developer engagement and innovation.
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After the massive crash on October 10 – which saw Bitcoin (BTC) touch $102,000 before recovering some losses – some analysts now predict that the top cryptocurrency may be on the verge of another bullish rally as it enters the ‘disbelief phase.’ Bitcoin In Disbelief Phase – Trouble For Bears? According to a CryptoQuant Quicktake post by contributor Darkfost, Bitcoin appears to be entering the disbelief phase, which increases the possibility of a rebound to the upside. The contributor emphasized the slightly negative funding rate to support their analysis. Related Reading: Bitcoin Cycle Score Turns Negative With Trend Below $106,780 – When Will The Correction End? For the uninitiated, the Bitcoin disbelief phase occurs when a new uptrend begins, but most investors remain skeptical after a recent correction, doubting that the recovery is real. During this phase, lingering bearish sentiment and short positions often act as fuel for a stronger rally once confidence returns. Darkfost stated that investors’ skepticism toward BTC returning to bullish mode can be gauged through BTC funding rates in the derivatives market. Funding rates remained negative at -0.004% on the exchange for six out of seven days over the past week, indicating traders are still slightly bearish. The likely reason behind traders’ short bias is the October 10 crypto market crash that led to a liquidation worth $19 billion. Since then, traders have consistently chosen to short the market instead of getting trapped in another price pullback. However, the longer BTC remains in the disbelief phase, the stronger the potential for an explosive upside move becomes. Darkfost added: If the current uptrend continues to establish itself, the growing pile of short positions against it could become a powerful fuel for the next leg higher. As these shorts get liquidated, it would drive prices upward, triggering a short squeeze. If a short squeeze happens, then BTC could quickly rally to major liquidity zones around $113,000 level, and even as high as $126,000 region, where significant short orders liquidations are clustered. The analyst shared two previous instance where such a pattern played out. In September 2024, BTC fell to $54,000 before surging to a new all-time high beyond $100,000. Similarly, in April 2025, the flagship digital asset rallied from $85,000 to $111,000, before climbing even higher to $123,000. To conclude, the Bitcoin market may be on the verge of another short squeeze, fueled by investors’ skepticism. BTC Investors Need To Be Cautious Although BTC is giving hints of a looming short squeeze, investors should still exercise some caution before entering the market in hopes of an instant turnaround in sentiment. For example, Bitcoin activity recently slumped below its 365-day average, raising fears of a loss of momentum. Related Reading: Bitcoin Market Feels “Too Efficient” As Arbitrage Opportunities Vanish – What It Means For Price? That said, some crypto analysts forecast that BTC is likely done with the price correction and is set to surge in the coming days. At press time, BTC trades at $110,814, up 2.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com