On-chain analytics firm Glassnode has revealed in a report how long-term Bitcoin liquidity has witnessed a sharp decline alongside the market downturn. Bitcoin Long-Term Holder Liquidity Ratio Has Plunged Recently In its latest weekly report, Glassnode has talked about how liquidity in the Bitcoin market has changed following the recent downturn. Glassnode has gauged the “liquidity” using the Realized Profit/Loss Ratio, an on-chain metric that measures the ratio between the profit and loss that BTC investors are realizing through their transactions. Related Reading: Bitcoin’s New ‘Line In The Sand’ May Be $82,000, Not $56,000: Analyst Current demand momentum can be tracked using a version of this indicator that specifically tracks the profitability of the short-term holders (STHs), investors who purchased their coins within the past 155 days. As the below chart shows, the STH Realized Profit/Loss Ratio was at relatively high levels earlier, but since early October, its value has plummeted. With a value of just 0.07, the indicator is now sitting deep inside the loss region, a sign that the recent Bitcoin buyers have overwhelmingly been capitulating at a loss. “Such overwhelming loss dominance confirms that liquidity has evaporated, especially after the heavy demand absorption seen in Q2–Q3 2025 as long-term holders increased their spending,” explained the analytics firm. The metric fell to similar lows back in Q1 2022, but so far, market weakness hasn’t been as prolonged. The report noted that if the ratio continues to be depressed, market conditions could mirror those from back then. While short-term demand momentum has collapsed, the same hasn’t been true for long-term liquidity, at least not yet. Long-term momentum can be measured using the Realized Profit/Loss Ratio of the long-term holders (LTHs), representing the more resolute section of the market (holding time greater than 155 days). From the above chart, it’s visible that the 7-day exponential moving average (EMA) of the Bitcoin LTH Realized Profit/Loss Ratio has witnessed a sharp decline as BTC has crashed. Despite the drop, however, the metric’s value is still 408, implying LTHs are realizing, on average, a profit that’s 408 times the loss. This means that the long-term liquidity is still healthy compared to Q1 2022, or even the major bottom formations from the current cycle. Glassnode warned, however, “if liquidity continues to fade and this ratio compresses toward 10x or lower, the probability of transitioning into a deeper bear market becomes difficult to ignore.” Related Reading: XRP Rebounds From Channel Bottom, Analyst Says $2.60 Could Be Next It now remains to be seen how the LTH Realized Profit/Loss will change for Bitcoin in the near future, and if liquidity will see a further squeeze. BTC Price At the time of writing, Bitcoin is trading around $90,600, down 1.3% over the past week. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Animoca Brands’ Keyvan Peymani says the Web3 gaming company is exploring all segments of the crypto industry, including DePIN, DeFi and AI.
The breach highlights the persistent threat of state-sponsored cybercrime on global financial systems, emphasizing the need for enhanced security measures.
The post North Korea’s Lazarus Group suspected in massive Upbit crypto breach appeared first on Crypto Briefing.
In June, the DEX to CEX spot ratio hit an all-time peak of 37.4%, largely due to “a spike in PancakeSwap’s volumes,” says CoinGecko analyst Yuqian Lim.
Tuesday's pre-deposit event faced outages, changes in deposit cap, and a misconfigured multisig transaction.
Bitcoin price started a recovery wave above $90,000. BTC is now struggling to clear $92,000 and might start another decline below $90,000. Bitcoin started a recovery wave and climbed toward $92,000. The price is trading above $90,000 and the 100 hourly Simple moving average. There was a break below a short-term bullish trend line with support at $90,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $90,000 zone. Bitcoin Price Faces Resistance Bitcoin price managed to stay above the $88,500 level. BTC formed a base and recently started a recovery wave above the $90,000 resistance zone. The pair climbed above the $91,000 level. A high was formed at $91,878 and the price is now correcting some gains. There was a break below a short-term bullish trend line with support at $90,800 on the hourly chart of the BTC/USD pair. The pair is now approaching the 23.6% Fib retracement level of the upward move from the $86,299 swing low to the $91,878 high. Bitcoin is now trading above $90,000 and the 100 hourly Simple moving average. If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $91,200 level. The first key resistance is near the $92,000 level. The next resistance could be $92,500. A close above the $92,500 resistance might send the price further higher. In the stated case, the price could rise and test the $93,750 resistance. Any more gains might send the price toward the $94,500 level. The next barrier for the bulls could be $95,000 and $95,500. More Losses In BTC? If Bitcoin fails to rise above the $92,000 resistance zone, it could start another decline. Immediate support is near the $90,500 level. The first major support is near the $89,080 level or the 50% Fib retracement level of the upward move from the $86,299 swing low to the $91,878 high. The next support is now near the $88,450 zone. Any more losses might send the price toward the $87,500 support in the near term. The main support sits at $86,300, below which BTC might accelerate lower in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $89,080, followed by $88,450. Major Resistance Levels – $91,200 and $92,000.
Flowdesk and QCP see short covering and dip buying supporting BTC around $90,000, while prediction markets assign low odds of a push toward $96,000.
As the market matures and the broader economic landscape shifts, Bitcoin has once again found itself at a thrilling crossroads, with the entire crypto market watching closely as momentum builds on both sides of the chart. This moment of market volatility is a profound inflection point, where the interplay of rising institutional adoption and changing global macroeconomic conditions is converging. Historical Breakout Zones Align With Price Structure Bitcoin is currently sitting at a thrilling crossroads. In an X post, an analyst known as CryptoCrewU has stated that BTC is witnessing the strongest bearish divergence in years, paired with a rare 2-week close below the 21-period Simple Moving Average (SMA) of this bull run. Related Reading: Bitcoin Retail Flees, But Sharks & Whales Quietly Growing: Data Furthermore, the Relative Strength Index (RSI) is currently dipping into levels reminiscent of past pivotal moments in 2015, 2018, the COVID-19 pandemic, and the 2022 bottoms. Meanwhile, the Stoch RSI has yet to cross upwards, hinting at the full extent of the potential move ahead. While fear is at its peak in the market right now, history shows that buying during these market lows has consistently led to significant profits over the past 5 years. “Let data guide you, not emotions,” CryptoCrewU noted. Trader_XO highlighted that since 2015, one pattern has remained remarkably consistent in Bitcoin’s cycle. Historically, whenever breaks below the 50-week Moving Average (MA), it has often signaled a deeper move toward the 200-week MA, or even the 300-week MA. Meanwhile, BTC tends to treat the 200-week MA as a major cycle support area. The price has only dipped below the 300-week MA once in history, and anything trading below the 200-week MA has been relatively short-lived, aligning with the best part of the cycle lows. According to Trader_XO, if the price were to revisit those lower moving average levels, and the broader market context aligns, that area would be viewed as a high-probability buying opportunity, unless this time the move is different. Market Structure Shows Early Signs Of Strength Returning Bitcoin is finally showing signs of strength again. A Full-time crypto teacher, Sykodelic, has pointed out that for the first time since the drop from $116,000, the price has broken above its previous low-time-frame (LTF) range, with a strong push above the 50 SMA. Related Reading: Bitcoin Price Powers Over $90K as Buyers Suddenly Regain Control of the Trend Since the $116,000 rejection, every time BTC attempts to move into an upper range, it gets rejected and makes new lows. This time, BTC has finally pushed higher. Currently, this is simply an LTF action, but these subtle shifts are exactly what to watch out for when it comes to understanding the nature of trend reversals. A daily close above $87,000 will confirm the breakout of the trend. Sykodelic concluded that moving higher after a drop like that is intricate, and it can take time. Therefore, observe the signs and move accordingly to see how the daily close goes. Featured image from Pngtree, chart from Tradingview.com
Interpol's resolution could enhance global cooperation, potentially reducing the impact of transnational scams and protecting digital asset integrity.
The post Interpol pushes for coordinated action against scam hubs running investment and crypto fraud appeared first on Crypto Briefing.
ETH investor sentiment wavers as onchain activity and bearish derivatives positioning leave whales unconvinced, reducing the odds for a rally to $4,000.
Galaxy Digital CEO Mike Novogratz says the October 10th crash in crypto was far more than a routine shakeout, claiming that roughly a third of market makers in parts of the ecosystem were effectively wiped out. “We had a flash crash and it did a lot of damage to the fabric of the market,” Novogratz told Anthony Scaramucci on the first-ever episode of “All Things Markets,” recorded November 26. “Even on Hyperliquid, the market makers, you know, 30 percent of them went out of business. Got zeroed.” Scaramucci framed the last 20 trading days as another brutal reminder of crypto’s structural volatility. “I know I have a trap door on my portfolio,” he said. “Once in a while I’ll be walking across the living room feeling beautiful about myself. And then, boom, a trap door opens and I have fallen into the basement of the house.” Related Reading: Will Crypto Explode If Kevin Hassett Takes Over The Fed In 2026? According to Novogratz, this particular trap door opened at Binance. “It started really by, you know, at Binance, they had an oracle which set price misfunction,” he said. That error hit a synthetic stablecoin and “created a cascade where people were getting stopped out because there was the wrong price.” The dislocation then bled into levered perpetual markets “like Hyperliquid, like Uniswap,” where “as prices went down, people started getting liquidated.” He argued that the way crypto participants use leverage turned a technical glitch into a systemic event. “What people don’t understand about crypto is that the crypto investor doesn’t play for 10, 11, 12 percent returns,” he said. “Crypto investor call themselves degens with pride. They want to turn one into 15. And so they trade a very volatile asset with a lot of leverage.” Perpetual futures make that leverage particularly dangerous for liquidity providers. “Perpetual futures are not normal futures,” Novogratz said, crediting “the genius that Arthur Hayes and his group of people” for a design where “as longs get liquidated, they’re paired off against shorts.” In a fast collapse, “you could be short and you lose your short position. Well, if you’re long on another exchange against that short position, you’re shit out of luck. And that happened to a lot of market makers.” Will The Crypto Market Recover? The result, he said, was a sharp loss of liquidity and retail capital. “We lost a lot of liquidity in the market. We lost a lot of retail punters who lost their stack,” he noted, adding that after such a wipeout “it takes a while for Humpty Dumpty to get put back together again.” Novogratz said he initially expected higher levels to hold. “I actually, to be fair, thought we were going to hold at higher levels at $90,000,” he admitted. “And we went all the way to $80,000. $80,000 was a maximum pain point… Got to $1.80 on XRP. We got to $125 on Solana. Real pain points.” He links the subsequent rebound to macro tailwinds, not healed sentiment. “Now we bounce up. We bounce because of the Fed. But we’re not out of the woods,” he said. “I do think Bitcoin will climb back towards $100,000 by the end of the year, but there’ll be sellers waiting there. We’ve done some medium-term damage to the psychology of the market.” Related Reading: Crypto Has Entered Late-Cycle Territory, Says Global Liquidity Veteran On the spot side, he highlighted massive profit-taking by early holders against ETF-driven inflows. “We had one $9 billion seller,” he said. “That’s one-third of all of IBIT’s flows of the year.” As US wealth channels move “from a zero weighting to a 3 to 4 percent weighting” in Bitcoin, that “was met with OG sellers.” “In the long run, that’s healthy,” he said. “In the short run, that’s painful.” Novogratz also argued that crypto is being repriced as a real business ecosystem rather than a pure story. “It’s a transition from just being a story — ‘we’re the most important industry… we’re going to decentralize the world’ — to ‘show me what crypto actually does,’” he said. “Some businesses are making money. Some businesses aren’t. There are some token ecosystems that make common sense to an investor and there’s some that all feel like they’re just an association.” Overlaying it all is a macro backdrop he views as increasingly supportive. He called the Fed’s recent signals and plans to ease bank cash requirements in repo “a monstrous liquidity boom that’s coming,” adding that “they’re going to bring rates down to 2 percent in the next 16 months” and that inflation will “creep higher,” implying negative real rates. For crypto, the message is double-edged: structurally de-levered, with fewer market makers and wounded sentiment, but still tied to a global liquidity cycle that Novogratz believes is turning in its favor — once Humpty Dumpty gets put back together again. At press time, Bitcoin traded at $91,115. Featured image from YouTube, chart from TradingView.com
The aim is to confront global scam center systems that traffic workers, run large-scale online fraud, and channel billions through crypto.
Bolivia has moved to bring stablecoins into its formal banking system, a shift that could change how people save and pay for things in the country. Banks will be allowed to offer accounts, custody and payment services tied to stablecoins such as USDT, government statements and local reports disclosed. The move follows a sharp rise in crypto use as people seek ways to hold dollar-pegged value amid currency pressure. Related Reading: Bitcoin Faces More Downside After Recent Crash, Data Shows Banks To Offer USDT Accounts Reports have disclosed that Economy Minister Jose Gabriel Espinoza announced the change, and at least one lender, Banco Bisa, has already begun offering custody and transfer services for USDT. Based on reports, crypto transactions in Bolivia jumped dramatically last year, with some counts showing growth of more than 500% and figures putting crypto activity at $294 million in the first half of 2025. Those numbers have pushed regulators and banks to respond more directly. ???? BREAKING: ???????? Bolivia to integrate Bitcoin and crypto into its financial system, starting with stablecoins pic.twitter.com/Qb0Tj7pern — Bitcoin Archive (@BitcoinArchive) November 26, 2025 Everyday Payments And Savings People and businesses are reportedly testing USDT for real payments. Some shops and service providers have shown prices in USDT, and certain sectors — such as car dealers and firms handling imports — are said to be accepting stablecoin payments for some transactions. According to market observers, the change is partly a response to shortages of physical US dollars and to rising costs that make the local currency less stable for saving. Banks will be able to create savings products denominated in stablecoins, and may offer loans or payment options tied to them. Cross-Border Transfers And Remittances Based on reports, one obvious use will be cross-border transfers. Stablecoins can offer a dollar-pegged option when access to actual US dollars is limited. That could help businesses that buy fuel or other imports and families that receive money from abroad. Still, practical hurdles remain: many people are unbanked or lack easy internet access, and broad adoption will take infrastructure, training and clear consumer protections. Regulatory Limits And Risks According to analysts, the government’s plan does not make stablecoins legal tender in place of the boliviano. Rather, it lets regulated banks provide crypto-linked services under the financial system. That means accepting USDT will likely stay voluntary for merchants. There are also risks to watch: stablecoin liquidity, custody safety, and how well banks manage anti-money-laundering rules. Consumer education and stronger oversight will be needed to protect ordinary users. What Comes Next Several months of rollout and pilot programs are expected, and observers will be watching transaction volumes and how many banks and businesses sign on. If the system grows, Bolivia could become an example for neighboring countries facing similar currency stress. But the deeper economic problems that pushed people to crypto — inflation and limited dollar access — will still need government solutions beyond new payment rails. Related Reading: Bitcoin Whale Reenters ETH Market, Fires Off A $44-M Long Based on current reports, the change is a clear policy shift toward regulated crypto use in everyday finance. It is small steps now, but they may matter a lot to people trying to keep their savings stable and move money across borders. Featured image from Pexels, chart from TradingView
Avalanche (AVAX) is back in the spotlight after reclaiming its position among the top 20 cryptos to surpass Hedera (HBAR), just as Securitize secures EU approval to launch the region’s first fully regulated blockchain-based securities market on the Avalanche network. Related Reading: Bitcoin’s New ‘Line In The Sand’ May Be $82,000, Not $56,000: Analyst This convergence of regulatory momentum, institutional adoption, and renewed technical strength has positioned AVAX for a potential market revival heading into 2026. AVAX's price trends to the downside on the daily chart. Source: AVAXUSD on Tradingview Securitize Wins EU Approval and Selects Avalanche for Settlement System Securitize received regulatory authorization from Spain’s National Securities Market Commission (CNMV) to operate a tokenized trading and settlement system under the EU’s DLT Pilot Regime. The approval enables Securitize to passport the license across the European Single Market, including France, Germany, and Italy, creating an unprecedented bridge between its U.S. broker-dealer operations and Europe’s capital markets. The firm confirmed that the entire infrastructure will run on the Avalanche blockchain, citing sub-second finality, regulatory-grade network performance, and scalable architecture. This move positions Avalanche at the center of institutional tokenization just as Securitize prepares for a $1.25 billion SPAC merger and expands its portfolio, including managing the now-over $1 billion BlackRock BUIDL on-chain treasury fund. The first EU-compliant issuance is slated for early 2026, opening the door for a wave of regulated tokenized assets, an estimated $18 trillion market by 2033. AVAX Price Holds Key Support as Technical Signals Improve While fundamentals surge, AVAX’s price remains compressed near the long-term support zone around $12–$15. The token recently bounced to $14.94, posting a 6.5% daily gain and breaking above its 7-day moving average at $13.96. It now faces a technical showdown with resistance at the 20-day SMA at $15.21. Momentum indicators are turning constructive. RSI sits at a healthy 42, MACD shows bullish divergence, and Stochastic momentum favors buyers. A breakout above $15.21 could open the path toward $18.61, with a larger target near $33 if long-term trendlines snap. However, failure to hold above $13.91 risks retesting deeper support near $12.57. Institutional Accumulation Strengthens Bullish Outlook Fueling optimism, AVAX One Treasury recently accumulated over 9.37 million AVAX, spending $110 million between November 5 and 23. Total reserves now exceed 13.8 million AVAX, signaling robust long-term institutional confidence. On-chain metrics support the bullish case. Deployed contracts are rising, developer activity is expanding, and futures taker data shows increasing buyer dominance. These combined forces suggest that AVAX may be carving out a medium-term bottom. Related Reading: Bitcoin Price Climbs Back To $91,000: Is The Decline Over? Key Levels To Watch As institutional momentum builds and Europe’s first regulated blockchain securities market goes live on Avalanche, AVAX’s comeback narrative is gaining traction—and a trend reversal may be closer than the charts imply. Cover image from ChatGPT, AVAXUSD on Tradingview
The small nation’s Ether staking adds to its expanding blockchain activity as it remains one of the few governments holding Bitcoin.
XRP is under intense selling pressure as the broader crypto market enters a decisive stage marked by fear, uncertainty, and a rapid shift in investor sentiment. With Bitcoin struggling to recover and altcoins posting steep losses, many analysts are warning that XRP could face a continued decline in the coming days. Investors are bracing for more volatility as liquidity thins and market confidence weakens. Related Reading: Major Bitcoin LTH Sell-Off Signals Cycle Exhaustion as Supply Drops to 13.6M BTC Yet, despite the bearish narrative, the XRP ecosystem has shown unusual levels of activity—particularly on the institutional front. The arrival of the first US spot XRP ETFs has reshaped its market profile. Canary Capital was the first to launch on November 13, soon followed by Franklin Templeton, Bitwise, and Grayscale. In a matter of days, XRP transitioned from a conventional crypto asset to one accessible through regulated institutional vehicles, potentially shifting its long-term demand dynamics. This new backdrop makes one ongoing trend on Binance even more striking. Since October, XRP reserves on the exchange have been falling sharply. Current data shows reserves have dropped to roughly 2.7 billion XRP, one of the lowest levels ever recorded on the platform. Such consistent outflows signal rising demand for self-custody—an important metric as XRP navigates this critical market phase. XRP Exchange Outflows Signal Strengthening Long-Term Demand According to a new CryptoQuant report by analyst Darkfost, XRP is experiencing one of its most notable exchange outflow trends in years. Since October 6, roughly 300 million XRP have left Binance alone—a figure far too large and too consistent to dismiss as simple internal reshuffling. While a small portion of these transfers may be operational movements by the exchange, the broader pattern is unmistakable: investors are steadily withdrawing XRP from trading platforms. This behavior is typically interpreted as a bullish long-term signal. Day after day, the decline in exchange reserves continues, suggesting that buyers are choosing to move their XRP into private wallets rather than leaving them on exchanges for trading or short-term speculation. Historically, large-scale withdrawals reflect strong conviction, as holders position themselves for longer-term appreciation rather than immediate selling. The supply dynamics created by this trend are significant. With fewer tokens available on exchanges, liquidity tightens. When combined with the rising institutional interest brought by newly launched U.S. spot ETFs, this creates the potential foundation for a powerful shift in momentum. If exchange reserves continue dropping at the current pace, XRP could enter a more structured phase of accumulation—one driven not by hype, but by growing confidence from both retail and institutional participants. Related Reading: Ethereum ICO Whale Sells 20,000 ETH ($58M), Raising Questions Over Market Timing XRP Attempts to Stabilize but Remains Under Strong Selling Pressure XRP’s recent price action on the 3D chart shows an asset trying to stabilize, yet still struggling against a clearly bearish backdrop. After weeks of decline, XRP found temporary support near the $2 psychological zone, where buyers briefly stepped in to prevent a deeper breakdown. This area aligns closely with the 200-day moving average (red line), which has acted as a final line of defense during multiple market cycles. Despite the small rebound, XRP continues to trade well below the 50-day and 100-day moving averages, both of which are now sloping downward and reinforcing the broader bearish trend. The inability to reclaim the $2.40–$2.50 zone — an important previous support turned resistance — suggests that sellers still dominate the market structure. Volume also remains muted compared to earlier phases of the cycle, indicating that strong conviction buying has not yet returned. Related Reading: Bitcoin Short Squeeze Flushes Out Late Longers as Funding Turns Negative: Classic Capitulation Signal The wick-down capitulation move seen earlier in the month reflects aggressive liquidation, followed by a rapid recovery. While this type of price action can sometimes precede short-term relief rallies, the overall pattern still leans bearish unless XRP can break above key moving averages. Featured image from ChatGPT, chart from TradingView.com
The financial services giant has filed with the US Securities and Exchange Commission to launch a leveraged BTC financial product.
The recovered tokens, spanning multiple networks and assets, will be paid out in the same tokens as originally provided, with a claim mechanism being developed.
Speculation about a BlackRock XRP ETF is growing, especially with renewed focus on the firm’s digital asset team. Interest has increased because Robbie Mitchnick, BlackRock’s Global Head of Digital Assets, used to work at Ripple, which has led some to believe an XRP ETF could be coming. BlackRock has confirmed that it has not filed …
A crypto analyst has issued a decisive projection that challenges the long timelines often associated with major price milestones for Bitcoin. His outlook was presented in response to the ultra-bullish forecasts from Michael Saylor and Jack Mallers, who have spoken openly about the possibility of Bitcoin reaching between $1 million and $20 million per coin. Rather than focusing on Bitcoin’s distant targets, the analyst directed attention to XRP, insisting that XRP will reach $100 long before Bitcoin touches the seven-figure mark. Analyst Says XRP Will Reach $100 Before Bitcoin’s Million-Dollar Target There have been many bullish predictions of Bitcoin breaking above the $1 million mark in recent months, with notable names like Michael Saylor and Cathie Wood pointing to million-dollar targets. Related Reading: Analyst Claims XRP Will Flip Bitcoin As These Developments Play Out However, an analyst who goes by the name 24HRSCRYPTO on the social media platform X referenced Saylor and Mallers’ price prediction, which places future Bitcoin valuations in the tens of millions per coin and implies a market cap approaching $500 trillion. He contrasted those long-range projections with what he believes is a more attainable and nearer-term milestone for XRP. Punching in the numbers shows that XRP is a 4,445% move away from $100 based on its current price level of around $2.2. Bitcoin, on the other hand, is 990% away from the $1 million price. Even with that difference, the analyst noted, “You will see XRP at $100 before Bitcoin hits $1 million.” The statement points to the view that XRP is positioned for faster price growth in the foreseeable future, as seen by price dynamics in the past few months. The crypto is increasingly being positioned in a situation where demand and adoption of the Ripple ecosystem could take it to new heights. On the other hand, Bitcoin’s price action is slowing down relative to XRP. Notably, technical analysis of the XRP/BTC pair places XRP on the path to outperforming Bitcoin in the coming weeks and months. The Altcoin Will Hit $1,000 Before Bitcoin Touches $19 Million The analyst extended his projection even further by asserting that XRP could rally to $1,000 before Bitcoin comes close to the $19 million figure referenced by Saylor. Such a valuation for Bitcoin would imply a market capitalization of roughly $500 trillion, a scale far beyond anything seen in global financial history. Related Reading: Analyst Claims XRP Price Will Surge To $220 Due To ETFs, But Is This Possible? Measured from today’s levels, Bitcoin would need to climb roughly 20,635% to reach the $19 million mark. XRP’s path to $1,000 amounts to an even larger jump of about 45,300%, which corresponds to a market cap of $60 trillion based on its current circulating supply. Still, XRP reaching $1,000 is, in his view, more feasible than Bitcoin reaching millions per coin. Featured image from iStock, chart from Tradingview.com
As of mid-afternoon South Korea time, Solana-based tokens traded with double-digit gains on Upbit following a hack that stole roughly 44.5 billion won ($32 million). CryptoQuant CEO Ki Young Ju noted that Korean traders began bidding up altcoin prices as arbitrage bots, which normally keep Korean and international prices aligned, stopped operating. The service suspension […]
The post Solana tokens rip on Upbit after $32M hack due to halted arbitrage appeared first on CryptoSlate.
The asset manager’s hybrid rollout enables investors to choose between the traditional fund and a new blockchain-based version recorded on Ethereum.
Altcoin funding rates, including for TON, have turned positive, indicating renewed confidence among traders, but overall market participation remains muted.
The company is on its third CEO in six weeks, with Tony Isaac appointed as Acting CEO, and has named Steven Plumb as its new CFO.
Ether traders ramped up leverage as futures dominance surged and key technical levels came into play. Will ETH bulls succeed in catalyzing a rally to $3,400?
Solana (SOL) is showing remarkable resilience this week, holding firmly above the critical $140 support zone despite heightened market anxiety following a $37 million hack on South Korea’s Upbit exchange. Related Reading: The Bull And Bear Scenario For XRP That Could Play Out In November The stability comes at a time when institutional interest in Solana is accelerating, highlighted by Franklin Templeton’s recent Form 8-A filing with the U.S. SEC to launch a Solana ETF. Franklin Templeton’s Solana ETF Fuels Institutional Momentum The global investment giant, which manages $1.67 trillion in assets, is positioning itself at the forefront of crypto-focused investment products. The proposed ETF would offer regulated exposure to Solana without requiring investors to hold the token directly, a move widely seen as a bullish catalyst for long-term adoption. Historically, ETFs have had mixed but notable effects on crypto markets. Bitcoin surged to new all-time highs after its ETF debut in 2024, while Ethereum took months to show similar momentum. Analysts say it remains unclear whether SOL will follow the Bitcoin pattern or display a more gradual response once the ETF is approved. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Upbit’s $37M Solana Hack Sends Shockwaves, But SOL Stays Steady Upbit confirmed an unauthorized outflow of roughly 54 billion KRW (about $37 million) involving SOL and several Solana-based tokens. The exchange immediately halted deposits and withdrawals, moved remaining assets into cold storage, and pledged to fully reimburse affected customers from its own reserves. While such incidents typically trigger steep price drops, Solana’s ecosystem demonstrated surprising stability. Not only did SOL hold above $140, a multi-month high-timeframe support zone, but Solana memecoins such as BONK, TRUMP, and MOODENG barely reacted. Traders pointed to on-chain data showing buyers aggressively defending key support levels, even as broader market sentiment wavered. Upbit has already frozen ₩12 billion worth of stolen LAYER tokens and is working with partners to trace additional assets. The timing of the breach, occurring nearly six years to the day after Upbit’s notorious 2019 hack, has drawn attention but has not shaken confidence in Solana’s network. Technical Outlook: Rebound or Breakdown? Analysts highlight $142–$145 as the immediate resistance band, supported by an estimated 13 million SOL accumulated at that level. A breakout could open the path toward $165, $188, and even higher liquidity pockets at $220–$240. Longer-term projections suggest potential targets between $360 and $480 if Wyckoff reaccumulation patterns complete. However, a failure to maintain $143 support could send SOL toward deeper zones at $130–$127. Related Reading: Has The Bitcoin Price Hit Its Bottom? Key On-Chain Data Signals Potential Rebound Ahead For now, Solana’s impressive stability, amid an exchange hack and ongoing market downturn, underscores growing confidence in the ecosystem as institutional players continue to step in. Cover image from ChatGPT, SOLUSD chart from Tradingview
Bitcoin bulls need to pump more volume into the spot and futures market in order for the current BTC bounce to hold above $90,000.
Bitcoin has pushed back above the $90,000 level after several days of intense selling pressure, bringing a brief moment of relief to a market overwhelmed by fear and uncertainty. Despite the rebound, bulls remain under pressure as speculation of an incoming bear market continues to grow. Many investors are still digesting the sharp correction from October’s all-time high, and confidence has yet to fully return. Related Reading: Major Bitcoin LTH Sell-Off Signals Cycle Exhaustion as Supply Drops to 13.6M BTC According to top analyst Darkfost, one of the key indicators reinforcing this cautious environment is the Coinbase Premium Index, which remains negative. This metric compares Bitcoin’s price on Coinbase — the preferred exchange for US institutions and professional investors — with Binance, which is widely used by retail traders. When the index is negative, as it is now, it signals that institutional players and US whales are selling more aggressively than retail participants. Darkfost notes that part of this ongoing sell-side pressure is tied to continuous spot ETF outflows, which have weighed heavily on sentiment. Although the recent bounce above $90K shows a temporary shift in momentum, Bitcoin must demonstrate strong follow-through to prevent the market from slipping deeper into a bearish phase. Institutional Selling Pressure Begins to Ease Darkfost explains that since the peak in panic selling on November 21, institutional and US-based selling pressure has noticeably cooled off. During that period, the Coinbase Premium Index showed a sharp dive into negative territory, signaling that professional actors were offloading Bitcoin far more aggressively than retail participants. This imbalance amplified the market’s decline, helping push BTC toward its recent lows. However, over the past several days, the intensity of this selling has started to fade. While the Coinbase Premium Index remains negative — meaning institutions are still net sellers — the depth of that negativity has significantly softened. Darkfost notes that although the metric has not yet flipped into positive territory, the trend is improving. If this continues, it could give the market some much-needed breathing room and potentially stabilize price action. Still, analysts remain cautious. The next few sessions will be critical, as Bitcoin needs to demonstrate that this easing in sell pressure can translate into sustained demand. A decisive move — either reclaiming higher levels or breaking down again — appears imminent. As institutional activity continues to shift, the market may soon reveal whether this was only a temporary relief bounce or the start of a larger recovery. Related Reading: Ethereum ICO Whale Sells 20,000 ETH ($58M), Raising Questions Over Market Timing Bitcoin Attempts Recovery But Faces Key Resistance Levels Bitcoin is showing its first meaningful recovery attempt after the steep decline that dragged price from the $126,000 all-time high down to the $80,000 zone. On the 3-day chart, BTC has bounced sharply from the 200-day moving average (red line), a level that historically acts as a major dynamic support during deep corrections. This rebound pushed price back toward the $91,000 area, but momentum remains fragile. The chart shows BTC trading below both the 50-day and 100-day moving averages, which have now turned downward—an indication of short-term trend weakness. Until the price reclaims these moving averages, particularly the 100-day near $103,000, the broader structure remains vulnerable to further downside. Related Reading: XRP OI Collapses to Lowest Level Since Nov 2024: Binance Data Shows Liquidity Is Fading Volume during the sell-off was substantially higher than during the bounce, suggesting that sellers were more aggressive than buyers. This imbalance highlights that the recent uptick may be more of a reactionary relief move than a confirmed reversal. Still, the rejection wicks below $85,000 show clear buyer interest at lower levels. If BTC can maintain this higher low structure and continue closing above the 200-day MA, bullish momentum could gradually rebuild. Featured image from ChatGPT, chart from TradingView.com
The US Securities and Exchange Commission approved spot Bitcoin ETFs at block 826,565. By block 840,000, those funds held more than 800,000 BTC. By block 925,421, U.S. spot ETFs collectively held **≈5–6%** of circulating BTC (per live trackers at the time). Only after reading does the translation arrive: those blocks correspond to January 2024, April […]
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The crypto market is moving cautiously today as investors weigh mixed signals from macro trends, falling liquidity, and quiet accumulation across major networks. While traders debate whether the recent slowdown signals exhaustion or quiet preparation for the next move, one project continues to strengthen its fundamentals beneath the surface. Chainlink (LINK), often seen as the …