Dubai’s Digital Economy Court said there was compelling evidence of a breach of trust and ordered a worldwide freeze to protect the assets.
Markus Thielen warns Bitcoin’s institutional rally could reverse as ETF outflows and market fatigue weigh on risk appetite.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ripple’s Chief Technology Officer (CTO), David Schwartz, has provided a clear explanation for why the Bitcoin price remains so high, currently the most expensive cryptocurrency on the market. Notably, Schwartz’s statement had sparked new discussions across the crypto community. His remarks focused on how people view and use BTC in transactions, revealing a simple economic truth that helps explain the market’s continued confidence in the world’s leading cryptocurrency. Ripple CTO Explains Logic Behind Elevated Bitcoin Price On Tuesday, Schwartz shared his thoughts on X, offering a simple but insightful explanation for Bitcoin’s current price strength. Responding to a community member’s question about why anyone would spend BTC given its potential for future appreciation, Schwartz explained that the reason lies in the asset’s perceived value and future expectations. Related Reading: Why Did The Bitcoin And Ethereum Prices Crash On October 10 And Will It Happen Again? According to the Ripple CTO, when individuals use Bitcoin to pay for goods or services, they are essentially realizing the full expected value of its future growth today. Rather than holding Bitcoin as a long-term investment and waiting for price gains, these users convert its potential into immediate utility. This behavior, he noted, reflects a broader belief in BTC’s enduring value and is one of the primary reasons why the cryptocurrency’s price remains so high. Notably, Schwartz’s remarks followed a conversation that began when Jack Dorsey, co-founder of Square, a business technology company, announced that Bitcoin payments had gone live across the firm’s platforms. Dorsey revealed that Square customers can now pay for services and products using Bitcoin directly, and sellers can choose between multiple settlement options, including BTC-to-BTC, BTC-to-fiat, and fiat-to-BTC transactions. Funds received through Bitcoin payments will be automatically stored in a user’s Square wallet, with self-custody transfer limits of up to $15,000 per day or $50,000 per week. Interestingly, the timing of Schwartz’s explanation comes a month after BTC reached a new all-time high of over $126,000. Compared to other digital assets, Bitcoin is the only cryptocurrency in the six-figure territory, even surpassing traditional investments like gold and major stock indices. While some analysts argue that Bitcoin is overvalued, many investors remain convinced that it could still climb significantly higher in the long term. Bitcoin Price Expected To Rise Even Higher The Bitcoin price is currently sitting above the $100,000 level, but analysts believe it could rise even further. The leading cryptocurrency is hovering near $103,300, experiencing some volatility, which has triggered a nearly 2% dip in the past 24 hours amid whale capitulations. Crypto analyst Joe Francesco noted that Bitcoin had initially surged to $107,000 following a wave of optimism sparked by US President Donald Trump’s proposed $2,000 stimulus plan. Related Reading: New XRP ETF Just Dropped, But Will Anything Be Different This Time? However, the rally proved short-lived, as BTC fell a few days later. Despite the pullback, Francesco has described the cryptocurrency’s chart setup as positive, predicting that Bitcoin could soon break through $107,000, with the potential to reach $115,000 and even $120,000 if upward momentum continues. Featured image created with Dall.E, chart from Tradingview.com
The biotech firm is shifting to a crypto-focused strategy, backed by Winklevoss Capital, and investing $50 million in the Zcash protocol's native token.
The trajectory illustrates how quickly trends can shift in crypto markets and underscores the importance of ecosystem diversification.
Crypto investment products experienced approximately $1.2 billion in net outflows last week, with redemptions primarily focused on US spot Bitcoin ETFs. The week ending November 7 marked one of the heaviest print runs since late summer. Day-by-day ETF data shows the de-risking ran through most sessions before a brief midweek pause. US spot Bitcoin ETFs […]
The post $1.2B Bitcoin Just Left Wall Street: 3 Ways This Reset Could Flip Bullish Fast appeared first on CryptoSlate.
With market structure moving forward in the US Congress to establish clear roles for the SEC and CFTC over digital assets, Paul Atkins offered his thoughts on the bill.
The SEC's evolving stance on tokens could foster innovation by reducing regulatory burdens on decentralized projects, impacting market dynamics.
The post SEC considers establishing token taxonomy under Howey framework appeared first on Crypto Briefing.
Seismic, whose total funding now sits at $17 million, says fintech demand for crypto rails is rising, but privacy gaps still deter adoption.
The stablecoin issuer considered stablecoin-denominated gas fees on Arc, but has a long-term goal of shifting to distributed governance.
An onchain analyst speculated Hyperliquid paused transactions after a trader tried to prop up the price of memecoin POPCAT.
Institutional inflows of $336 million fail to offset selling pressure as SOL falls to $153 amid fresh token releases.
Ripple bundles custody, prime brokerage, treasury and stablecoins so institutions can operate like banks with crypto rails.
Bitcoin's Coinbase Premium, a popular gauge for U.S. demand, is having its longest negative streak since the April correction, coinciding with the Fed turning more hawkish.
XLM trades within tight $0.2810-$0.2950 corridor following volume surge that triggered key support breakdown earlier in session.
The investigation into X highlights increasing regulatory scrutiny on social media platforms, potentially reshaping digital content governance.
The post Elon Musk’s X faces investigation for potential violations of EU digital rules appeared first on Crypto Briefing.
Hedera's native token breaks key support in final trading hour as institutional focus shifts to regulatory-friendly blockchain alternatives.
Bitcoin and Ethereum are struggling to stay above support zones after another wave of selling hit the market. The bullish energy that drove prices higher earlier this month is fading, and the clock is ticking for a strong recovery. Bitcoin recently faced rejection near $104,000 and slid back toward $102,000. A close below that level …
Bitcoin fell to new weekly lows at $101,300 as US equities and gold rallied ahead of the key vote to end the US government shutdown, signaling a shift in investor sentiment toward traditional assets.
BONK slipped 5% to $0.00001223 after failing to break resistance near $0.0000130, with trading volume spiking nearly 50% above average during the pullback.
The new U.S.-compliant USDsui aims to link the blockchain’s $200bn monthly stablecoin volume to Bridge’s interoperable platform.
Institutional capital is circling back to Solana (SOL) as Spot Exchange Traded Funds (ETFs) open the gates to a new wave of inflows. Solana’s resurgence has caught the attention of the broader crypto community, recording consistent daily inflows and experiencing momentum it has not seen in months. The question now remains whether this steady buildup of institutional accumulation could eventually propel SOL’s price toward the $300 mark. Solana Records 11 Days Of Consecutive ETF Inflows The Solana price is currently hovering above $156, roughly half of its ATH of just over $294 set in January 2025. Over the past few months, the altcoin has experienced significant volatility, including a 20% decline in the last month. During this period, there was little news to drive the market. However, the recent surge in SOL ETF activity could signal a potential turnaround for Solana’s price. Related Reading: Institutional Investors Are Buying XRP And Solana At An Accelerated Rate While They Dump Bitcoin According to data from SoSoValue, US Spot Solana ETFs have witnessed a cumulative total net inflow of $350.47 million in less than two weeks. This suggests that institutions have been buying Solana ETFs every single day since its launch, signaling confidence in the current volatile market. Today, the daily total net inflow of Solana ETFs reached $7.98 million, approximately $1.2 million higher than the previous day’s $6.78 million. SoSoValue’s chart shows that the highest daily inflow during the past 11 days occurred on November 3, when Solana ETFs drew an impressive $70.05 million from both Bitwise and Grayscale. Bitwise’s BSOL ETF has been the primary driver of this steady inflow, accounting for $331.74 million of the total, while Grayscale’s GSOL ETF contributed a modest $18.72 million. The data underscores that institutions are not only showing interest in these new crypto investment products but are actively establishing long-term positions in Solana exposure. Considering Bitcoin ETFs drive the cryptocurrency’s price to former ATHs in 2024, Solana could see a similar response if ETF inflows remain strong and the broader market sentiment stays positive. While it remains unclear whether the cryptocurrency can reach $300, the steady accumulation from institutions provides a constructive foundation for future price appreciation. Grayscale Expands Trading Access With Solana ETF New reports reveal that Grayscale has added another layer of optimism to the SOL news by announcing that options trading for its Solana Trust ETF is not yet live. This provides investors with additional opportunities to gain exposure to the cryptocurrency, manage risk, and trade around Solana’s price movements. Related Reading: Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Faring Grayscale has announced that the Solana Trust will offer 100% staking, zero fees, and an average staking rewards rate exceeding 7%, making it an attractive option for investors seeking both exposure and yield. As Grayscale’s new moves strengthen Solana’s presence in the digital asset landscape, the introduction of options trading could also improve liquidity for the cryptocurrency. Featured image from Pixel Plex, chart from Tradingview.com
The token briefly rallied to $2.1165 on increased volume before heavy selling erased gains, pulling TON back to key support levels around $2.02.
America's largest crypto exchange chooses the Lone Star State for its business-friendly regulation.
The proposed law, part of the "anti-faction bill", would treat cryptocurrencies like foreign currencies and financial securities.
U.S. federal agencies are establishing a Scam Center Strike Force to counter the industrial-scale efforts to swindle money via crypto transactions.
Franklin Templeton has linked its Benji tokenization platform to the Canton Network, expanding institutional access to regulated onchain assets.
Also: Monad Tokenomics Unveiled, Anchorage Dabbles in BTC DeFi and Injective’s Native EVM.
What to Know: Bitcoin loans mark a shift from passive holding to active $BTC deployment, broadening access and reinforcing Bitcoin’s monetary role. Active $BTC lending can tighten liquidity loops: more collateralization, deeper markets, and stronger institutional incentives to hold $BTC. Bitcoin Hyper aims to make $BTC fast and programmable via an SVM-based Layer 2 with ZK settlement to Bitcoin. $HYPER’s strong presale momentum and large whale purchases fit perfectly into the current $BTC-focused cycle – one that’s fueled by real utility rather than pure hype. A Canadian Bitcoin-native company just issued its first Bitcoin-backed loan. That’s not a small tweak to the status quo. It’s a signal that $BTC is edging from ‘digital gold’ into an active financial asset, one that non-crypto users can finally access through a familiar product: lending. The firm’s goal is simple: accumulate $BTC and deploy it productively, yet the implication is big. More ways to borrow and build with Bitcoin usually mean stronger demand, deeper liquidity, and a broader user funnel. This design shift matters because utility beats narrative over a full cycle. Loans let institutions put idle $BTC to work and give businesses a way to leverage $BTC without selling it. The feedback loop is obvious: lending platforms attract borrowers, borrowers source $BTC, hodlers see new yield paths, and liquidity improves for everyone. Every service that treats $BTC as collateral, rather than a speculative asset, boosts its monetary credibility. That sets a timely backdrop for Bitcoin Hyper ($HYPER), a $BTC-centric Layer 2 project built to make Bitcoin fast, programmable, and dApp-ready, and one many investors are already eyeing as the next 1000x crypto. If Bitcoin is stepping into mainstream finance, a chain that bridges $BTC into high-throughput smart contracts sits right in the slipstream. Bitcoin Hyper ($HYPER) Turns $BTC Into A High-Speed, Programmable Asset Bitcoin Hyper ($HYPER) proposes a Bitcoin Layer-2 that uses an SVM-based execution environment, canonical bridging, and ZK proofs to move $BTC at near-instant speed with low fees. The aim is to retain Bitcoin-grade security while unlocking staking, DeFi, and on-chain apps for $BTC itself. This approach directly addresses a pain point that lending alone can’t solve: throughput and programmability on Bitcoin. If loans expand demand for $BTC as collateral, a performant L2 expands what that collateral can actually do. The flow is straightforward. Users bridge $BTC, transact on Layer 2 with high throughput, then periodically settle back to Bitcoin L1 with cryptographic proofs. In practice, that means cheaper payments, faster markets, and room for dApps that rely on programmability without compromising the trust people expect from Bitcoin. The more services reference $BTC, like the newly launched loans, the more a generalized execution layer becomes useful for builders who prefer to stay within the Bitcoin ecosystem rather than porting value elsewhere. Utility also needs clear developer pathways. The $HYPER whitepaper emphasizes developer experience, observability, and infrastructure, enabling teams to ship quickly. If the project can make building on $BTC feel familiar to teams used to modern VM stacks, it lowers switching costs and accelerates innovation. That’s the kind of narrative institutions understand: faster rails, safer settlement, and broader use cases. Get on the $HYPER train before it’s too late. Presale Momentum Meets A $BTC Lending Tailwind Momentum is real. The Bitcoin Hyper presale has reached $26.9M, and you can buy $HYPER right now for just $0.013265. That’s a solid show of demand for a $BTC-first L2 at a time when Bitcoin’s financialization is visibly accelerating. If lending adoption widens the $BTC gateway, $BTC-native infrastructure stands to benefit directly. On-chain activity adds another datapoint. A recent transaction sent about 63.8 ETH, roughly $226K, into the presale contract, resulting in a transfer of 16.8M HYPER. While one whale doesn’t define a market, large buyers usually do their homework and often act as early liquidity. That fits the pattern of growing presale participation and the broader rotation toward $BTC-aligned narratives. What does the $HYPER price prediction look like in simple terms? Using the current price as a base, a year-end 2025 target of $0.02595 implies roughly 1.96x from here if the team delivers core milestones and listings. A 2026 scenario at $0.08625 would be about 6.51x if the DAO and incentive programs mature as planned. As Bitcoin-backed lending marks a new phase in $BTC’s financial integration, Bitcoin Hyper stands out as the infrastructure built to support that momentum. With its Layer 2 approach and growing presale, $HYPER could play a key role in turning the latest Bitcoin lending headlines into lasting on-chain utility. This article is for informational purposes only and doesn’t constitute financial advice. Always do your own research (DYOR) before investing in crypto. Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/bitcoin-loans-usher-in-a-new-btc-era-bitcoin-hyper-tipped-as-the-next-1000x-crypto