The drop in crypto-related stocks coincided with a broader crypto market pullback, with bitcoin currently trading at $91,795.
Nearly two years after the inception of the Bitcoin ETF sector in the United States, these funds are currently grappling with significant challenges, exacerbated by mounting concerns regarding a potential bear market in the coming months. This turmoil is exemplified by the BlackRock iShares Bitcoin Trust ETF (IBIT), which experienced its largest single-day withdrawal since launch, further contributing to the decline in Bitcoin’s price. Profit-Taking And Caution The recent outflows from BlackRock’s Bitcoin ETF highlight the severity of the current selloff within the Bitcoin market, which has experienced a substantial correction below the crucial $100,000 mark following a record high reached in October. Related Reading: Kraken Achieves $20 Billion Valuation With $200 Million Investment From Citadel This downturn emphasizes the widespread pullback affecting various risk assets, while gold has notably remained resilient. Some analysts suggest that these developments indicate a trend of investors shifting their exposure from Bitcoin to gold. “The crypto market entered a hangover in August,” said Thomas Perfumo, Global Economist at Kraken, in a recent interview with Reuters, noting that much of the earlier demand for Bitcoin had been fueled by borrowed funds. He added, “Momentum seemingly peaked during the summer. But the truth is this hangover trend started months ago.” Analysts have also pointed to profit-taking behaviors among long-term holders and increasing caution among Bitcoin ETF funds and digital asset treasury (DAT) firms, which had previously ramped up their acquisitions throughout the year. Brian Vieten, a research analyst at Siebert Financial, stated that Bitcoin treasury companies had collectively purchased nearly $50 billion worth of Bitcoin over the past year. Recently, however, many of these firms have begun trading at a discount to their net asset value, which could dampen market expectations for new Bitcoin purchases in the near term. Bitcoin ETF Inflows Plummet This shift occurs amid rising concerns among heavyweight investors regarding inflated valuations across various asset classes. José Torres, a senior economist at Interactive Brokers, noted that “an ongoing lack of speculative spirits is weighing on Bitcoin.” Related Reading: Bitcoin Dips Below $90,000—Yet Altcoins Remain Unscathed: Here’s Why Despite managing over $73 billion in assets, IBIT has seen a decline of 19% in the current quarter. Data from SoSoValue indicates that spot Bitcoin ETF funds collectively have recorded $2.59 billion in outflows this month alone. Leading the pack is BlackRock’s Bitcoin ETF, which has experienced $1.78 billion in outflows in November alone. The Fidelity Wise Origin Bitcoin Fund (FBTC) ranks second, with nearly $540 million in outflows. The turbulence isn’t limited to Bitcoin; the Ethereum exchange-traded fund sector also faced outflows, totaling approximately $74.2 million yesterday, with BlackRock selling off $165.1 million. On a more positive note, Solana spot ETFs reported net inflows of $30.09 million on Tuesday, primarily driven by Bitwise’s BSOL. This marks a major streak of 15 consecutive days of inflows for Solana. Featured image from DALL-E, chart from TradingView.com
Cathie Wood’s ARK Invest bought over $39 million in Bullish, Circle and BitMine shares as crypto stocks dipped, signaling conviction amid market weakness.
A new Delaware filing for the iShares Staked Ethereum Trust signals BlackRock’s intent to enter the yield-bearing ether market as issuers wait for SEC clarity on staking.
The probability of the Federal Reserve cutting interest rates has decreased significantly, now standing at 30%.
Grayscale, one of the biggest asset managers with over $35 billion under management, has hinted that its long-awaited XRP ETF could finally go live on November 24. And it may not be alone. Senior ETF analyst James Seyffart also says Franklin Templeton might launch its own XRP ETF on the very same day. Grayscale XRP …
The native token of the crypto exchange WhiteBIT (WBT) is leading the mid-week altcoin market after a significant 20% surge over the past 24 hours. This performance follows the announcement of a key partnership with Durrah AlFodah Holding to promote the growth of blockchain technology in Saudi Arabia. Related Reading: Solana Reclaims $140 As Second Wave Of SOL ETFs Debut – Is A Rebound Coming? WhiteBIT Secures Strategic Collab In Saudi Arabia On Tuesday, top crypto exchange WhiteBIT unveiled it had signed a strategic cooperation agreement with Durrah AlFodah Holding, represented by His Royal Highness Prince Naif Bin Abdullah Bin Saud Bin Abdulaziz Al Saud, aiming to drive the Kingdom’s development in blockchain technology, digital finance, and data infrastructure. According to the announcement, the partnership aligns with the strategic pillars of the Kingdom of Saudi Arabia Vision 2030 program, which seeks to foster economic diversification, technological innovation, and digital transformation across the Kingdom’s public and private sectors. Therefore, it will set the foundation for key projects within the Kingdom, including stock market tokenization, Central Bank Digital Currency (CBDC) guidance, and the creation of national data computing and mining centers. Under the agreement, WhiteBIT will provide technological expertise and infrastructure design, while Durrah AlFodah will facilitate the crypto exchange’s market entry, regulatory engagement, and partnership development across Saudi Arabia. The move follows the exchange’s expansion to multiple jurisdictions, including Australia, Croatia, Italy, and Kazakhstan, as well as its recent dual entry into the Argentine and Brazilian markets, after key regulatory advancements in the two largest countries in South America. The collaboration reportedly envisions the creation of a joint venture company between WhiteBIT and Durrah AlFodah to manage and scale its national-scale initiatives. Volodymyr Nosov, Founder and President of W Group, the global fintech ecosystem that includes WhiteBIT, affirmed: It is an honor to work alongside the Holding of His Royal Highness Prince Naif Bin Abdullah Bin Saud to build the foundations of Saudi Arabia’s digital transformation. Together, we aim to establish secure and sovereign blockchain systems that will shape the Kingdom’s technological future. WBT Leads Mid-Week Altcoin Market Following the news, WhiteBIT’s WBT token jumped from the $51 level to a new all-time high (ATH) of $62.96 before stabilizing between the $60-$61 area. This performance builds on the remarkable WBT’s price action during the recent market volatility, which has seen many leading cryptocurrencies reach multi-month lows. Notably, the altcoin rallied to new highs in late June and consolidated within its $40-$47 range during the broader market rally between July and October. However, as the market entered a corrective phase in early November, WBT went against the current and broke out of its local range, hitting a new ATH at the time. Related Reading: Analyst Shares Worst-Case Scenario For Bitcoin (BTC) As Price Shows Concerning Signs Since then, the altcoin traded between the $50-$55 area, retesting the local range lows on Tuesday morning before the latest breakout to its new ATH. According to CoinGecko data, this performance crowns WBT as one of the leading cryptocurrencies in the past 24 hours, alongside Zcash (ZEC) and Starknet (STRK). Moreover, the altcoin, which ranks 13th among all cryptocurrencies by market capitalization, is currently the only token with double-digit gains among the top 20 cryptocurrencies. As of this writing, WBT is trading at $60.62, a 9.8% increase for the altcoin in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Aztec Network launched its Ignition Chain, becoming the first fully decentralized Layer 2 protocol on Ethereum's mainnet.
The ARC will operate within a two-tier framework, complementing the RBI's Central Bank Digital Currency.
BlackRock has filed to establish the iShares Staked Ethereum Trust ETF in Delaware, marking a strategic move to launch a staking-enabled Ethereum fund. This new trust aims to let investors earn potential returns from Ethereum’s proof-of-stake system, expanding BlackRock’s crypto offerings beyond its current spot Ethereum ETF. The filing is an initial step pending further …
Bitwise’s new XRP exchange-traded fund is set to go live when markets open on Thursday under the ticker “XRP.”
World Liberty Financial (WLFI) faced a security breach from phishing and exposed seed phrases before its platform launch, impacting a small number of user wallets. To protect users, WLFI froze the affected wallets and began a Know Your Customer (KYC) re-verification process. The platform developed new smart contract logic to securely migrate funds to new …
November 20, 2025 06:14:25 UTC Dave Portnoy Scoops Up $1 Million in XRP During Market Fear Dave Portnoy, founder of Barstool Sports and known for his bold, high-conviction trades, is back in the crypto spotlight — this time with a $1 million XRP buy. He jumped in during the dip, calling the move “blood in …
Despite no major catalysts, broader crypto market weakness and Bitcoin's 'Death Cross' contributed to XRP's decline.
Bitcoin slid below the $92,000 mark on Wednesday, trading at $91,500 at press time after a one-day drop of 5% that left the token down 17% in the last 30 days. Related Reading: With 42% Of XRP Holders Underwater, Analysts Say The Altcoin Could Crash Even Further Market players were rattled after a stretch of heavy swings that began with a peak early in October. According to market trackers, price pressure has pushed sentiment into deep fear as investors reassess risk. Winklevoss Sees Opportunity According to posts on X by Cameron Winklevoss, prices under $90,000 may not last long. “This is the last time you’ll ever be able to buy bitcoin below $90k!” he said. Cameron and his brother Tyler have long compared Bitcoin to modern gold and have suggested it could one day reach $1 million, a view that frames the current pullback as a buy window rather than a lasting setback. Some industry leaders echoed that view, calling the fall a chance for long-term buyers to accumulate. This is the last time you’ll ever be able to buy bitcoin below $90k! — Cameron Winklevoss (@cameron) November 18, 2025 October Shock Still Echoes Bitcoin’s recent slide followed a new high of $126,200 on October 6, 2025, and heavy liquidations four days later that erased close to $20 billion in leveraged positions. Analysts tracking market cycles say this pullback fits a common pattern after the April 2024 halving, with major peaks often arriving 400–600 days afterward. Reports from The Kobeissi Letter suggest much of the current weakness looks like a routine unwinding of margin positions rather than a collapse in underlying demand. Whales Are Accumulating According to Glassnode, wallets holding 1,000 BTC rose from 1,354 on October 27 to 1,384 on November 17, an increase of 2.5%. At the same time, smaller holders moved away; addresses with less than one BTC dropped from 980,577 to 977,420 in the same period. Markus Thielen of 10X Research said large holders have been buying while absorbing selling pressure. Some of the buying activity has been quietly taking place, and it is being watched closely by analysts. Related Reading: Kiyosaki Stands His Ground—No Selling, More Bitcoin Buys Ahead Fear And Market Flows Figures show that the Crypto Fear & Greed Index plunged to readings as low as 15, levels not seen since mid-2022. CryptoQuant analyst JA Maartun flagged the extreme fear reading, while other industry voices pointed to ETF outflows and geopolitical tensions as added stressors. Bitwise CIO Matt Hougan described the current price as a “generational opportunity,” a phrase that sits alongside warnings about possible further downside. Featured image from Gemini, chart from TradingView
Core claims that Maple used confidential information in their partnership to develop a competing product, violating the exclusivity clause.
The Abu Dhabi Investment Council (ADIC) has taken a major step, while most U.S. Bitcoin ETFs are facing heavy withdrawals. While BlackRock’s IBIT reported a $523.2 million single-day outflow and U.S. spot Bitcoin ETFs recorded five days of redemptions, ADIC quietly expanded its position during the third quarter. This move stands out as global sentiment …
The White House is pushing for a federal framework as Hill Republicans explore attaching a moratorium to the defense bill.
An onchain analyst said every time Bitcoin has seen a plunge like this, it has “allowed us to move higher.”
Young and rich investors want wealth advisers to offer crypto, and some have moved their money from those who don’t, according to a survey by Zerohash.
Zcash, long recognized as one of cryptocurrency’s premier privacy coins, is gaining momentum again. Recent headlines have thrust it back into the spotlight, driven by substantial institutional purchases and a renewed appetite for on-chain privacy. As investor focus shifts, the question is no longer just whether the ZEC price can sustain this momentum but whether …
Binance founder Changpeng Zhao (CZ) continues to make headlines following the controversy around his presidential pardon. Recently, CZ said that if the $4.3 billion fine he paid to U.S. regulators were ever refunded, he would reinvest the entire amount back into America as a “gesture of gratitude.” He emphasized that he has never requested a …
Solana started a recovery wave above the $132 zone. SOL price is now consolidating and faces hurdles near the $145 zone. SOL price started a decent recovery wave above $135 and $140 against the US Dollar. The price is now trading above $140 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $140 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $145 and $150. Solana Price Aims Higher Levels Solana price remained stable and started a decent recovery wave above $130, beating Bitcoin and Ethereum. SOL was able to climb above the $135 level. There was a move above the 23.6% Fib retracement level of the downward move from the $172 swing high to the $129 low. Besides, there was a break above a key bearish trend line with resistance at $140 on the hourly chart of the SOL/USD pair. Solana is now trading above $140 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $145 level. The next major resistance is near the $150 level. The main resistance could be $155 and the 61.8% Fib retracement level of the downward move from the $172 swing high to the $129 low. A successful close above the $155 resistance zone could set the pace for another steady increase. The next key resistance is $165. Any more gains might send the price toward the $172 level. Another Drop In SOL? If SOL fails to rise above the $150 resistance, it could continue to move down. Initial support on the downside is near the $138 zone. The first major support is near the $135 level. A break below the $135 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $138 and $135. Major Resistance Levels – $150 and $155.
XRP’s price action continues to follow a clear corrective structure, setting the stage for a potential drop toward the key $2.03 support level. With momentum cooling and Wave 2 behavior unfolding as expected, the market may be preparing for one final dip before the uprend shift emerges. Wave 2 Dynamics: Why XRP’s Choppy Pullback Is Completely Normal CasiTrades, a well-followed crypto analyst, noted in a recent market update that XRP still appears to be navigating its way toward the macro 0.5 Fibonacci retracement level at $2.03. According to the analyst, the current price action aligns perfectly with the expected behavior of a Wave 2 correction-slow, choppy, and far from a straight drop. Related Reading: XRP Price Battles Breakout Resistance With Momentum Showing Mixed Signals In the breakdown, CasiTrades highlighted that the only factor capable of invalidating a retest of the $2.03 zone would be a clean and decisive breakout above the macro 0.382 Fibonacci resistance at $2.41. That point continues to serve as XRP’s defining threshold. As long as the price trades below $2.41, the chart structure strongly favors a continued downward drift, with a final tap of the 0.5 retracement level. She also pointed to a deeper macro target at $1.65, which aligns with the 0.618 Fibonacci level, another common landing point for Wave 2 pullbacks. The analyst explained that the longer XRP stalls beneath key resistance zones, the more likely it becomes that the price may need to dip to this lower support to build enough strength for a true reversal. CasiTrades stressed that a move to $1.65 would not signal weakness. Instead, such a drop could provide the ideal springboard for a powerful macro Wave 3 into new all-time highs. Smart Money Zones: Why Accumulation Happens Before The Breakout According to CasiTrades, now is not the moment to complain about XRP’s price behavior—this is the phase where informed accumulation takes place, at the key Fibonacci levels, not the breakout stage. The market has been in a prolonged range for months, and each interaction with $2.41 (.382), $2.03 (.5), and $1.65 (.618) presents another strategic opportunity to build positions ahead of the next major cycle. Related Reading: XRP Price Aims for Another Bullish Wave — Momentum Strengthening CasiTrades emphasizes that the broader market is already showing early signs of shifting momentum. Several micro-cap tokens have begun to post explosive moves, which is rarely random. These early breakouts signal that the market is preparing for its next significant trend phase. In this context, XRP is not lagging; it is simply completing its corrective structure before aligning with the wider market’s momentum. The analyst emphasizes that patience and discipline are essential at this time. Featured image from Adobe Stock, chart from Tradingview.com
The possibility of BlackRock launching a spot XRP ETF has become one of the most widely discussed topics in the XRP community. Analysts argue that if the world’s largest asset manager enters the XRP market, it could trigger a big shift in institutional adoption, liquidity, and long-term price behavior. This discussion recently resurfaced after analyst …
Many blockchains are decentralized, but their frontends and storage still rely on Web2 — a weakness exposed when the Cloudflare outage knocked several platforms offline, EthStorage said.
XRP price started a fresh decline below $2.150. The price is now attempting to recover and faces resistance near the $2.15 pivot level. XRP price started a fresh decline below the $2.10 zone. The price is now trading below $2.150 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $2.020. XRP Price Faces Resistance XRP price attempted a recovery wave above $2.20 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $2.150 and $2.120. There was a move below the $2.050 support level. A low was formed at $2.025, and the price is now attempting a recovery wave. There was a move toward the 23.6% Fib retracement level of the downward move from the $2.525 swing high to the $2.025 low. The price is now trading below $2.150 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.140 level. There is also a bearish trend line forming with resistance at $2.150 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.20 level. A close above $2.20 could send the price to $2.250. The next hurdle sits at $2.2750 or the 50% Fib retracement level of the downward move from the $2.525 swing high to the $2.025 low. A clear move above the $2.2750 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance. The next major hurdle for the bulls might be near $2.420. Another Drop? If XRP fails to clear the $2.150 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.050 level. The next major support is near the $2.020 level. If there is a downside break and a close below the $2.020 level, the price might continue to decline toward $1.9650. The next major support sits near the $1.920 zone, below which the price could continue lower toward $1.880. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.050 and $2.020. Major Resistance Levels – $2.150 and $2.250.
A cryptocurrency analyst has revealed where the most significant Dogecoin support level is located, according to on-chain cost basis data. Dogecoin CBD Points To $0.08 As Strongest Support In a new post on X, analyst Ali Martinez has talked about how Dogecoin support is looking from the perspective of the Cost Basis Distribution (CBD). The CBD is an indicator created by on-chain analytics firm Glassnode that tells us about the amount of DOGE supply that was last purchased or transacted at the various price levels that the coin has visited in its history. Generally, investors are sensitive to retests of their cost basis and can be prone to showing some kind of reaction during one. The more holders that have their cost basis at the same level, the larger the market reaction upon a retest. Thus, the levels that the CBD identifies as being dense with supply could potentially be significant ones for the cryptocurrency. Related Reading: Bitcoin Short-Term Holders Panic: 65,200 BTC Sent To Exchanges At Loss Now, here is the chart shared by Martinez that shows the trend in the Dogecoin CBD over the past couple of years: As displayed in the above graph, a major Dogecoin cost basis level is located around $0.20, hosting the break-even level of 12.1 billion DOGE. The latest bearish momentum, however, has meant that the memecoin has plunged under this mark, putting all these investors into a state of loss. Underwater holders may look forward to a retest of their cost basis so that they can exit with their entire investment back. This can make large supply zones above the asset’s price potential resistance barriers. Considering that the $0.20 level is so huge, it’s possible that DOGE may find notable impedance at it, should a retest take place in the near future. In the scenario that Dogecoin continues to decline, it might have to find support at a major cost basis center below. Such investors who were in profit prior to the retest may decide to buy more at their break-even level, thinking it to be a profitable entry point to accumulate more. From the chart, it’s visible that at the levels below, there aren’t any large cost basis zones until all the way down to $0.08, implying support may be thin for the asset. Related Reading: XRP, Bitcoin Now In “Good Buy Zone,” Says Analytics Firm The $0.08 level, though, is extraordinary in the amount of supply that it hosts the acquisition point of: 27.4 billion DOGE. The analyst has noted that this makes the line DOGE’s “most significant support level.” It now remains to be seen how Dogecoin will develop in the near term and whether a retest of one of the big cost basis centers will take place. DOGE Price At the time of writing, Dogecoin is trading around $0.158, down 10% over the last week. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Ethereum price failed to stay above $3,000 and tested $2,870. ETH is now attempting to recover but faces resistance near $3,100. Ethereum started a fresh decline after it failed to stay above $3,050. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $3,000 zone. Ethereum Price Faces Hurdles Ethereum price failed to continue higher above $3,150 and started a fresh decline, like Bitcoin. ETH price dipped below $3,050 and entered a bearish zone. The decline gathered pace below $3,000 and the price dipped below $2,950. A low was formed at $2,870 and the price is now correcting some losses. There was a move above the 50% Fib retracement level of the recent decline from the $3,165 swing high to the $2,870 low. Ethereum price is now trading below $3,100 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,050 level and the 61.8% Fib retracement level of the recent decline from the $3,165 swing high to the $2,870 low. The next key resistance is near the $3,100 level. There is also a key bearish trend line forming with resistance at $3,100 on the hourly chart of ETH/USD. The first major resistance is near the $3,150 level. A clear move above the $3,150 resistance might send the price toward the $3,200 resistance. An upside break above the $3,200 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,320 resistance zone or even $3,350 in the near term. Another Drop In ETH? If Ethereum fails to clear the $3,100 resistance, it could start a fresh decline. Initial support on the downside is near the $3,000 level. The first major support sits near the $2,940 zone. A clear move below the $2,940 support might push the price toward the $2,880 support. Any more losses might send the price toward the $2,820 region in the near term. The next key support sits at $2,750 and $2,740. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,000 Major Resistance Level – $3,100