The bitcoin miner expands financing to accelerate power and data center growth, joining a record surge in convertible debt issuance across bitcoin and AI firms.
The broker downgraded Northern Data to hold from buy and lowered its price target to 15 euros from 27 euros.
The Central Bank of Brazil has just rolled out a major set of rules to bring virtual asset services under formal regulation. This comes after more than a year of public consultations with feedback from crypto firms, financial institutions, associations, law offices, individuals, and even international entities. These changes are a big move toward clearer, …
Amid the recent market recovery, Ethereum (ETH) is retesting a key level as support for the first time in a week, leading some market watchers to suggest that the highly anticipated end-of-year run may be delayed for a few more weeks. Related Reading: Trump Media Takes $55M Hit As Bitcoin Holdings Surge In Value Ethereum Eyes Next Key Level On Monday, Ethereum retested a crucial level after reclaiming it during the Sunday rebound. The cryptocurrency has been trading within the $3,100-$3,500 range after last week’s market shakeout, briefly hitting a four-month low of $3,057. Over the weekend, the King of Altcoins reclaimed the $3,400 resistance and soared approximately 7% to the $3,650 level, stabilizing around the $3,500-$3,550 area as the new week started. Daan Crypto Trades noted that the current levels are a crucial area to hold in the short term, explaining that “If the bulls can make that happen, we can start looking to fill up some of that inefficiency that was created during the big flush recently.” Nonetheless, Ali Martinez highlighted that over 869,000 ETH were accumulated around the $3,700 level, forming a major resistance wall in the cryptocurrency’s path to the $4,000 psychological barrier. Martinez also pointed out that the number of mega-whale addresses holding more than 10,000 ETH dropped by nearly two dozen in the past week. Per CoinGlass data shared by the analyst, 23 of the largest Ethereum whales sold or redistributed their holdings between November 4 and November 8. Despite this, large-scale investors continued to bet on the King of Altcoin during the market sell-off. Tom Lee, CEO of BitMine, affirmed that “the recent dip in ETH prices presented an attractive opportunity” to purchase the cryptocurrency. As a result, the company bought 110,288 ETH, worth $400 million, last week, increasing its holdings to 3,505,723 million tokens, or 2.9% of ETH’s total supply. ETH’s Q4 Rally Delayed? Despite the recent recovery, Ted Pillows suggested that Ethereum might not run to new highs this month, arguing that, just like Bitcoin, “Ethereum isn’t showing any correlation with M2 supply.” The analyst explained that this often happens when US liquidity growth is hindered. Based on this, he considers that the second-largest cryptocurrency by market capitalization could consolidate throughout the rest of the month “before taking off in Dec 2025/Jan 2026.” Similarly, analyst Crypto Wolf believes ETH will likely “print a clear higher low” near $3,400-$3,500 this month as “only after that can we realistically target new ATHs into December.” The market watcher highlighted that $3,100 is the next major support zone after the recent shakeout. If this level holds in the higher timeframes, ETH could build a base to retest the recent highs. However, losing this crucial area would be “how the bear market begins.” Related Reading: Dogecoin Price Could See 4,440% Rally To $5 If This Macro Cycle Repeats Meanwhile, analyst Cas Abbé noted that ETH’s recent performance resembles its Q2 price action. At the time, the altcoin briefly broke below its multi-month consolidation range before recovering and rallying 100% to new highs in the next two months. If history repeats itself, Ethereum could be preparing to retest the $3,700-$3,800 resistance soon and potentially record a massive rally by the end of the year. Featured Image from Unsplash.com, Chart from TradingView.com
While the broader crypto market is down by 1.5%, one corner of the industry is exploding, Privacy coins. Recent data from a leading onchain data provider, CryptoQuant, shows that Zcash (ZEC), Dash (DASH), Monero (XMR), Verge (XVG), and Secret Network (SCRT) have seen record-breaking gains between 20% and 700%. Privacy Coin Trading Volumes Hit Record …
The United States is finally on the verge of giving the crypto industry the clarity it has long awaited. The Senate Agriculture Committee has released a draft bill outlining how the crypto market should be regulated in the country. For years, crypto companies, investors, and developers have operated in confusion as different regulators claimed authority …
What to Know: Three large on-chain purchases in one day totaled roughly a quarter-million dollars, signal whale demand building into the $HYPER presale. Bitcoin Hyper targets speed and cost via a rollup model that anchors settlement to Bitcoin while running a high-throughput execution layer. Participation and pricing data show $26.8M+ raised at a live presale stage near $0.013255, pointing to persistent liquidity depth. The project’s utility-first roadmap aligns with growing demand for $BTC-native payments and DeFi, a setup whales historically front-run. Whale wallets are leaning into presales again, and the order flow just backed it up. In a single 24-hour stretch, three large buys of Bitcoin Hyper ($HYPER) stacked roughly a quarter-million dollars’ worth of allocations, with on-chain prints showing one purchase north of $224K and three follow-ups above $35K, $24K, and 21K respectively. That’s real money, not Discord chatter. For a presale that’s already racked up momentum, the timing wasn’t random. Why now? Presales tend to catch a bid when broader markets chop and traders look for asymmetric setups they can size into without chasing a green candle. $HYPER’s pitch is straightforward: a Bitcoin Layer-2 designed for fast, cheap transactions and an app layer that doesn’t feel like a science project. If it onboards users who want Solana-level speed without sacrificing Bitcoin’s security, that’s a narrative whales know how to price. Momentum also shows up in participation data and the going rate for tokens. Recent figures from market guides track the presale at $26.8M+ raised with a live stage price of $0.013255, suggesting sustained bid depth rather than a one-off pump. That helps explain the clustering of bigger tickets in a single day. Whales like liquidity, and $HYPER’s presale has it. Bitcoin Hyper ($HYPER) – $BTC Layer-2 Built For Throughput, Not Vibes The core proposition is utility. Bitcoin Hyper sets out a ZK rollup architecture that bridges native $BTC into a high-throughput execution layer, then commits state back to Bitcoin. The design leans on Solana’s Virtual Machine for speed, while framing proof and settlement to keep Bitcoin-grade security intact. The upshot for you is simple: payments, DeFi moves, and dApp interactions with near-instant finality while staying tethered to $BTC as the monetary base. That’s the wedge Bitcoin needs if it wants more than store-of-value status. The product map matters here. Public materials detail a canonical bridge that verifies Bitcoin block headers and transaction proofs, a sequencing model to order transactions cleanly, and commitments back to Bitcoin’s L1 using zero-knowledge proofs. The team’s updates emphasize developer tooling and observability, which is the unsexy work that makes a chain usable. If you’ve ever tried building on immature infra, you know why that’s a bullish signal. That’s the narrative whales are front-running when they scoop presale inventory: utility first, then distribution. If an L2 can make Bitcoin move like a payments rail while preserving security guarantees, liquidity aggregates. For traders watching risk rotations, it’s a cleaner thesis than hoping for meme-beta alone. Join the $HYPER presale today. Bitcoin Hyper ($HYPER) – Presale Order Flow Turns Heads Let’s talk receipts. One on-chain purchase executed yesterday shows 63.16 $ETH routed through the presale contract, valued around $224K at the time. Three additional buys in the same window added roughly $35K, $24K, and $21K. Even if you adjust for $ETH price drift, you’re still staring at a day where whales allocated about $286K into a single presale. That kind of cluster usually means either price is about to step up or supply at the current stage is getting thin. Price discovery favors projects with traction. Data trackers list the current stage at $0.013255 with total commitments above $26.8M. A presale with that level of intake has enough depth for big wallets to enter without slipping, yet it’s early enough for them to mark a position before exchange liquidity shows up. If you’re sizing a ticket, those are the two conditions you actually want. There’s also the utility-to-token loop. $HYPER is positioned as the native asset for fees, governance, and staking within the ecosystem, with multi-chain claims and a bridge planned for $ETH, $SOL, and Bitcoin Hyper itself; mechanics that smooth user onboarding. None of this guarantees performance, but it does set a higher bar than ‘number go up’. For a market hungry for credible Bitcoin-aligned throughput, that’s enough to justify whale-level darts. Check what all the fuss is about at the $HYPER presale now. This article is educational commentary, not financial advice. Crypto assets involve high risk; always research independently and consider jurisdictional limitations. Authored by Aaron Walker, NewsBTC — www.newsbtc.com/news/bitcoin-hyper-whale-buys-onchain-presale-utility-why-hyper/
Throughout the past year, Bitcoin (BTC) and Ethereum (ETH) have emerged as the primary focus for a growing trend of Digital Asset Treasuries (DATs), particularly driven by favorable pro-crypto regulations worldwide. However, recent reports from Reuters indicate that this focus is beginning to shift towards less popular altcoins. DAT Firms Explore New Opportunities Beyond Bitcoin As of September, there are at least 200 DAT companies, predominantly concentrating on Bitcoin, with a combined market capitalization of approximately $150 billion. This figure reflects a more than threefold increase from the previous year. New companies are launching daily, many of which are penny stocks looking for avenues to enhance profits. Yet, as Bitcoin’s value declines, these firms are increasingly turning to new tokens in hopes of achieving greater returns. Related Reading: Ethereum (ETH) Holds Strong as Analysts Target $4,400 Despite ETF Outflows In recent weeks, companies such as Greenlane, OceanPal, and Tharimmune have announced plans to acquire tokens like Berachain (BERA), Near protocol (NEAR), and Canton Coin (CC), respectively. Peter Chung, head of research at crypto-focused Presto Research, noted that while the initial hype surrounding DATs has diminished, there remains potential for a resurgence. In a recent interview with Reuters, an OceanPal representative stated that their acquisition of NEAR tokens was intended to leverage the asset’s integrated artificial intelligence (AI) capabilities. Retail Investors Lose $17 Billion In Crypto Treasuries Earlier in the year, many digital asset treasury companies traded at a premium to their crypto holdings as investors believed these firms could leverage credit to acquire more tokens. However, with Bitcoin’s recent struggles and an influx of Strategy (previously MicroStrategy) imitators, some companies are beginning to falter. Reuters indicates that at least 15 Bitcoin treasury companies were trading below the net asset value of their tokens as of last Friday. Retail investors, significant buyers of high-profile Bitcoin treasury companies, reportedly lost around $17 billion on these trades, according to estimates from Singapore-based 10x Research. Additionally, digital asset treasuries focusing on other leading cryptocurrencies are also facing challenges; ETHZilla and Forward Industries have recently approved share repurchases, a strategy typically employed to support share prices. Related Reading: Dogecoin Price Could See 4,440% Rally To $5 If This Macro Cycle Repeats Despite the potential for higher gains, analysts warn of the risks associated with this strategy. Cristiano Ventricelli, vice president and senior analyst of digital assets at Moody’s Ratings, cautioned that expanding into “exotic” and less liquid cryptocurrencies could significantly heighten risk. According to Ventricelli, when market conditions worsen, companies that invest in these assets face greater pressure on their equity. Michael O’Rourke, chief market strategist at JonesTrading, also expressed concern that most digital asset treasury companies may ultimately trade at a discount to their digital assets. Featured image from DALL-E, chart from TradingView.com
Banco Central do Brasil’s new framework brings crypto companies under banking-style oversight, extending AML and FX rules to stablecoins.
The Canary XRP ETF has officially been approved for listing on the Nasdaq, becoming the first ever XRP exchange-traded fund (ETF) to get SEC registration. According to reports, the ETF was automatically approved after the issuer filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC). The filing, signed by Canary Capital Group …
The Canary XRP ETF has officially been approved for listing on the Nasdaq, becoming the first ever XRP exchange-traded fund (ETF) to get SEC registration. According to reports, the ETF was automatically approved after the issuer filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC). The filing, signed by Canary Capital Group …
Polymarket traders see a 96% chance the record-long shutdown ends by mid-November, as the Senate passes a deal and pressure mounts on House Republicans to act.
US Treasury Secretary Scott Bessent has announced new rules that officially allow regulated crypto investment products, such as exchange-traded products (ETPs) and trusts, to earn staking rewards. Until now, funds that offered crypto exposure could only hold the asset itself. They couldn’t participate in staking, a process that helps secure proof-of-stake (PoS) blockchains and provides …
An analyst has explained a dream scenario for XRP based on a Bull Flag that the cryptocurrency has potentially been following on the monthly chart. XRP Could Be Trading Inside A Bull Flag Pattern In a new post on X, analyst Ali Martinez has discussed about how XRP has been forming a Bull Flag recently. The “Bull Flag” is a type of Flag from technical analysis (TA). Related Reading: XRP Jumps To $2.56 Despite 240% Increase In Profit Taking A Flag pattern looks like, as its name suggests, a flag on a pole. A consolidation channel with two parallel trendlines forms the “flag” portion, while an initial sharp move represents the “pole.” In a Bull Flag, the pole is charted by a move in the up direction. Generally, Flags are considered to be continuation patterns, meaning that a breakout tends to happen in the same direction as the preceding trend. In a Bull Flag, as the pole corresponds to a rally, the breakout move is also in the bullish direction. Like the Bull Flag, there is also a pattern in TA called the Bear Flag, appearing when the pole is made up by a sharp downward move. Naturally, the breakout is considered more probable in the down direction in this case. Now, here is the chart shared by Martinez that shows the Bull Flag that the 1-month price of XRP has possibly been traveling inside for the past year: As displayed in the above graph, XRP is currently trading inside the consolidation channel of the Bull Flag. Martinez has noted that a dream scenario for the cryptocurrency could now be to retest the $1.90 level, then observe a rally that ends in a bullish breakout. The $1.90 mark is where the lower level of the flag channel is located. This level usually acts as a support barrier, helping keep the price above it. A rebound at this level could be the spark to a run to $10, according to the analyst. This target is based on the fact that a Bull Flag breakout is considered to be of the same height as the pole. It now remains to be seen whether XRP will find a break beyond this flag, and if it will follow a path anything like that charted out by the pattern. Related Reading: Bitcoin Options Craze: OI Looks Set To Keep Printing ATHs, Glassnode Says The 1-month price isn’t the only timeframe on which XRP is trading inside a parallel channel right now. As Martinez has pointed out in another X post, the 3-day price is also stuck in a similar consolidation pattern. “If this bull run keeps going, XRP could offer a solid buying opportunity at $1.90 before rallying to $6,” said the analyst, based on this pattern. XRP Price At the time of writing, XRP is trading around $2.53, up 10% over the last 24 hours. Featured image from Dall-E, charts from TradingView.com
The bank’s latest survey finds investors shifting toward portfolio balance and discretionary strategies as bitcoin’s safe-haven appeal eclipses altcoins.
Despite October’s crash, the end of the US government shutdown could bring “bulk approvals” for altcoin ETFs, catalyzing the next wave of institutional inflows, according to Sygnum.
The bank’s collaboration with DCS aims to enable stablecoin spending through DeCard, blending digital assets with traditional finance.
BCH posts modest gains with surge in trading activity as technical breakout signals potential for further upside momentum.
Bears regained control after early rally rejection, with exceptional selling volume confirming new lower trading range around $3,565-$3,589.
After six weeks of political stalemate, the U.S. Senate has taken a major step toward ending the 41-day government shutdown, the longest in American history. Late Sunday night, senators passed a compromise funding bill, officially H.R. 5371, by a 60–40 vote, bringing the nation closer to reopening federal agencies and restoring stability to financial markets. …
Uniswap, the largest and first-ever decentralized exchange, launched in 2018, has just made a big move. The platform has submitted its first governance proposal called “UNIfication,” introduced by founder Hayden Adams aims to activate protocol fees and use them to burn UNI tokens. Following this announcement, UNI’s price surged nearly 40%, touching a day high …
BTC drops after facing rejection at former support-turned-resistance.
After a steady performance in the broader crypto market—where Bitcoin traded around $105,000 and altcoins traded selectively—Uniswap (UNI) has emerged as one of the standout gainers. The leading decentralized exchange token climbed above the $12 mark, gaining over 4% in the last 24 hours as traders rotated toward DeFi assets with strong on-chain activity. Moreover, …
Some critics argue the threat posed by quantum computers is overblown, including Strategy chairman Michael Saylor, who has once called it a marketing ploy to pump quantum-branded tokens.
Bitcoin has been trading in a range above $100,000 since June, with significant market activity despite a lack of clear direction.
On-chain data shows XRP profit realization has witnessed a huge spike recently, but price has rebounded back above $2.50 anyway. XRP Realized Profit Is Up 240% Since Late September In a post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Realized Profit of XRP. The “Realized Profit” here refers to an indicator that measures the total amount of profit investors as a whole are “realizing” through their transactions every day. The metric works by going through the transfer history of each token being transacted on the chain to see what price it was last moved at. If the previous selling price for any coin was less than the current spot price, then that coin’s sale is leading to the realization of some net profit. Related Reading: Bitcoin Options Craze: OI Looks Set To Keep Printing ATHs, Glassnode Says The exact degree of the profit involved in the transfer is naturally equal to the difference between the two prices. The Realized Profit sums up this value for sales across the blockchain on any given day. A counterpart indicator called the Realized Loss takes care of the transactions of the opposite type. That is, the sales involving a cost basis higher than the latest selling price. Now, here is the chart shared by Glassnode that shows the trend in the 14-day moving average (MA) of the XRP Realized Profit over the past year: As displayed in the above graph, the XRP Realized Profit has been following an uptrend since late September, indicating investors have been ramping up their profit taking. During this period, daily profit realization volume has gone up from $65 million to $220 million, an increase of a whopping 240%. This growth in the metric has come as the asset’s price has plummeted from $3.09. In the chart, the analytics firm has also highlighted the other profit-taking sprees that the cryptocurrency has faced in the current cycle so far. Interestingly, all the other selloffs coincided with rallies in the price. The recent XRP trend has naturally been different, coming alongside a drawdown instead. “This divergence underscores distribution into weakness, not strength,” noted Glassnode. While the Realized Profit is sitting at a significant level, XRP has still managed to turn itself around during the past day, implying a sudden influx of demand has come in that has outweighed the selling. The recovery surge arrives as spot exchange-traded funds (ETFs) related to the coin are potentially nearing approval. Spot ETFs are investment vehicles that allow investors to gain exposure to an underlying asset without having to directly own it. Related Reading: Bitcoin Erases Recovery As Coinbase Users Relentlessly Sell Bitcoin and Ethereum spot ETFs were approved by the US Securities and Exchange Commission (SEC) last year. Filings related to XRP spot ETFs are currently under review. XRP Price At the time of writing, XRP is floating around $2.56, up 13% over the last 24 hours. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
The crypto market has started the week on a watchful note as Bitcoin (BTC) price trades near $105,500, holding steady after a volatile weekend. Investors appear to be in a consolidation mindset—weighing institutional inflows, derivative liquidations, and mixed signals from major altcoins. While Bitcoin dominance remains elevated, the altcoin market is showing early signs of …
November 11, 2025 06:12:28 UTC Which Democrats Voted to Open the Government The 41-day U.S. government shutdown moved toward resolution after seven Democrats and one Independent joined 52 Republicans to pass the funding bill, clearing the key 60-vote threshold in the Senate. Those voting “yes” included: Sen. Jeanne Shaheen (NH) Sen. Dick Durbin (IL) Sen. …
New rules from the central bank mandate that virtual asset service providers obtain the central bank's authorization to operate.
Strategic accumulation and potential liquidity easing measures could breed a Santa rally, according to analysts.