Strategy's Bitcoin transfer highlights its strategic focus on secure custody and institutional growth, potentially influencing market stability.

The post Strategy transfers $5.7B in Bitcoin to new wallets appeared first on Crypto Briefing.

American Bitcoin's growth and strategic positioning may enhance its influence in the crypto market, attracting more investors and partnerships.

The post American Bitcoin reports 453% YoY sales growth and 3,000 Bitcoin accumulation appeared first on Crypto Briefing.

The successful launch of the XRP ETF may boost institutional interest and legitimacy for cryptocurrencies in traditional finance markets.

The post Canary XRP ETF attracts $245 million in net inflows on first trading day appeared first on Crypto Briefing.

The rapid liquidation highlights the volatility and risks in crypto markets, potentially undermining investor confidence and market stability.

The post $300M in crypto longs liquidated in the past hour as Bitcoin falls to $97K appeared first on Crypto Briefing.

Institutional Bitcoin sales highlight shifting market dynamics and investor sentiment, potentially impacting future crypto asset management strategies.

The post BlackRock’s IBIT sells 2,610 Bitcoin valued at $257M appeared first on Crypto Briefing.

Bitcoin Magazine

Lendasat Unveils Lendaswap: Non-Custodial Cross Blockchain Exchange for Bitcoin and Stablecoins 

Lendasat, a Bitcoin-native peer-to-peer lending platform, announced today the launch of Lendaswap, an atomic swap exchange enabling instant, non-custodial trades between Bitcoin and stablecoins across Ethereum and leading EVM-compatible chains.

Powered by the Arkade protocol, Lendaswap uses HTLC-based atomic swaps — a technology similar to that of the Lightning Network — to deliver a seamless experience for anyone looking to swap BTC and stablecoins “without giving up self-custody, creating accounts, or relying on wrapped tokens,” according to a press release shared with Bitcoin Magazine. 

Lendaswap will support Ethereum and Polygon at launch, with planned expansion to Base, Solana, Binance Smart Chain, Arbitrum, and Optimism. Swaps are executed via Arkade, the new implementation of the Ark protocol, which should deliver “instant execution” on the Bitcoin side. Trades are also expected to be possible in both directions, so users will be able to swap BTC for stablecoins and vice versa. 

“Bitcoin self-custody needs more than passive holding, it needs infrastructure,” said Philipp Hoenisch, co-founder of Lendasat, adding that “Lendaswap is a major step in unlocking more utility for BTC, and marks the first step for BitcoinFi. For the first time, anyone can move between Bitcoin and stablecoins without trusting a custodian, without wrapping, and without asking permission. This is what Bitcoin-native finance should look like.”

The startup demonstrates the power and potential of the Bitcoin scripting language, which had for years been dismissed as inferior to that of Ethereum-era blockchains. The Ark protocol used to make Lendaswap possible is an increasingly popular technology among Bitcoin enthusiasts and entrepreneurs. 

None of the Lendaswap tech stack is open source yet, but the company told Bitcoin Magazine it is in their short-term roadmap. Lendaswap is now live at https://swap.lendasat.com/ 

This post Lendasat Unveils Lendaswap: Non-Custodial Cross Blockchain Exchange for Bitcoin and Stablecoins  first appeared on Bitcoin Magazine and is written by Juan Galt.

Bitcoin Magazine

Bitcoin Price Crashes Below $98,000 Close to Six-Month Lows

Bitcoin price fell sharply today, sliding from an intraday high of $104,000 to $98,113, wiping out earlier gains and marking a decisive breakdown in price action. 

Starting in morning trading, the Bitcoin price consistently bled down from the upper $102,000s to lows of $97,870.

According to Bitcoin Magazine Pro data, the last time Bitcoin price was near these levels (sub $98,000) was in early May — roughly May 8 depending on time zone. Bitcoin price vaulted above $100,000 for over 40 days after that before dipping back to $98,000 in late June.

One possible reason why the bitcoin price is long-term holders that are unloading at record levels. Data from CryptoQuant shows they’ve sold about 815,000 BTC in 30 days — the most since early 2024 — while spot and ETF demand weaken. Profit-taking dominates, with $3 billion in realized gains on Nov. 7 alone. 

Institutional buying has also dropped below daily mining supply, intensifying sell pressure. Prices hover near the crucial 365-day moving average around $102,000, and failure to hold it could trigger deeper losses, according to Bitcoin Magazine Pro analysis. 

Analysts at Bitfinex say the current bitcoin pullback mirrors past mid-cycle retracements, with the drop from October’s high matching the typical 22% drawdown seen throughout the 2023–2025 bull market.

“It is important to note too, that even at the $100,000 level, approximately 72 percent of the total BTC supply remains in profit,” Bitfinex analysts wrote to Bitcoin Magazine. They believe a short relief rally is likely but that a sustained recovery will require fresh demand.

According to The Block, JPMorgan analysts say bitcoin price’s current estimated production cost of $94,000 acts as a historical price floor, suggesting limited downside.

The analysts believe that rising network difficulty has pushed production costs higher, keeping bitcoin’s price-to-cost ratio near historical lows. The analysts maintain a bold 6–12 month upside projection of about $170,000.

All this comes as the U.S. government has reopened after a record 43-day shutdown, the longest in history, following President Trump’s signing of a funding bill late Wednesday. 

While federal operations are resuming, recovery will be slow. Federal workers still await backpay, and air travel delays may persist. 

Timot Lamarre, director of market research at Unchained, described bitcoin to Bitcoin Magazine as a “canary-in-the-coal-mine for liquidity drying up in the market.” He notes that the recent government shutdown caused the Treasury General Account to swell, absorbing liquidity, and adds that with the government reopening, “more liquidity injected into the system will benefit bitcoin’s dollar price in the near term.”

Agencies like the IRS face major backlogs, and national parks struggle to recover lost revenue. The short-term funding measure only extends through January 30, leaving the threat of another shutdown looming. 

The return to normalcy will take time as the effects of the prolonged closure continue to ripple through the economy and public services.

Bitcoin price roared into October as the government shutdown began, surging to new all-time highs above $126,000. But the excitement quickly gave way to turbulence — the bitcoin price swung wildly through the rest of October and into November.

At the time of writing, Bitcoin’s price is at $98,470.

Despite an overall bullish mood in the market, the bitcoin price has continued to slide deeper into the month.

Bitcoin price and Nasdaq is the correlation that only hurts: Wintermute

Bitcoin is still closely tied to the Nasdaq, but it’s showing an unusual pattern: it reacts more strongly to stock market drops than it does to gains, according to a recent report from Wintermute.

This “negative skew”—falling harder on bad equity days than rising on good ones—is typically seen in bear markets, not when BTC is near all-time highs. It suggests that investors are somewhat fatigued, not euphoric.

Two main factors are driving this. First, attention and capital have shifted toward equities in 2025. Big tech and Nasdaq growth stocks are soaking up much of the risk appetite that might have flowed into crypto. Bitcoin moves with the market when things go wrong but doesn’t get the same lift when optimism returns, acting like a high-beta tail of macro risk.

Second, liquidity in crypto is thinner than before. Stablecoin issuance has stalled, ETF inflows have slowed, and exchange depth hasn’t fully recovered. This makes downside moves more pronounced and widens the performance gap.

That said, BTC is holding up remarkably well, according to Wintermute. Even with this persistent downside bias, it’s less than 20% below its all-time high. The pattern is unusual near tops — it usually shows up near bottoms — but it also reflects Bitcoin’s growing maturity as a macro asset.

This post Bitcoin Price Crashes Below $98,000 Close to Six-Month Lows first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Bitcoin Miner Bitfarms (BITF) to Exit Bitcoin Mining, Pivot to AI Computing

Bitfarms, one of North America’s largest Bitcoin miners, announced it will gradually wind down its mining operations over the next two years. 

The company plans to shift its focus to high-performance computing (HPC) and artificial intelligence (AI) infrastructure.

The move reflects a broader trend among crypto miners. Falling Bitcoin prices and shrinking profit margins are pushing operators to explore more stable revenue streams. Bitfarms’ Toronto-based operations will increasingly target GPU-as-a-Service offerings and cloud computing solutions.

The company’s Washington State facility will be its first fully converted site. The 18 MW mining farm will be retrofitted to support Nvidia GB300 GPUs with advanced liquid cooling. 

Bitfarms has secured a fully funded, $128 million deal with a major U.S.-based data center partner to supply all necessary equipment and building materials. Completion is targeted for December 2026.

“Despite being less than 1% of our total developable portfolio, we believe that the conversion of just our Washington site to GPU-as-a-Service could potentially produce more net operating income than we have ever generated with Bitcoin mining, providing the Company with a strong cashflow foundation that could fund opex, G&A, and debt service and contribute to capex as we wind down our Bitcoin mining business in 2026 and 2027,” CEO Ben Gagnon said.

Bitfarms and other Bitcoin miners pivoting to AI 

Other miners are making similar bets. Companies such as Cipher and Terawulf have partnered with investors like SoftBank and Google to develop AI-ready data centers. 

These ventures are attracting billions in projected revenue and unlocking additional capital through debt financing.

Bitfarms’ pivot comes amid financial pressures. The company reported a $46 million third-quarter loss on $68 million in revenue. Shares fell about 5.7% in early trading, though the stock has still doubled this year.

The Washington site will feature modular infrastructure for scalable deployment and high-efficiency power management. 

The company aims to monetize the facility through both colocation and cloud services, positioning itself as a provider of AI compute rather than just cryptocurrency infrastructure.

Bitfarms’ broader energy portfolio totals 2.1 GW across North America. Its sites are clustered in regions with robust access to power and fiber, making the shift from Bitcoin mining to AI workloads a natural extension of its existing infrastructure.

While the company emphasizes the potential of HPC/AI, it faces execution risks. Projects could face delays, equipment may not meet performance targets, or the economics of GPU-as-a-Service could underperform expectations. 

This post Bitcoin Miner Bitfarms (BITF) to Exit Bitcoin Mining, Pivot to AI Computing first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Lava Abandons Self-Custody Amidst Fund Raise, Sparking Controversy

Lava, the Bitcoin-backed loans software company, sparked controversy among Bitcoin CEOs recently, after a series of announcements following a $200 million fundraise. The company, led by Shehzan Maredia, had previously been marketed as a self-custody wallet and platform, mirroring the functionality of DeFi or decentralized finance products. The new update to the Lava app changed the custody model to a fully custodial and trusted fintech platform, raising questions about the lending company’s legal status. 

The announcement about the fund raise drew the attention of Bitcoin industry leaders, who raised questions about the nature of the investment and the implications of the change in custody model, which Shehzan confirmed in follow-up X posts.  

“The security of our users and their funds is our top priority. Every change we’ve made is guided by that. Lava no longer uses DLCs — discrete log contracts — for loans because the technology doesn’t meet our security standards. Our team built the largest application using DLCs, but we discovered vulnerabilities that we weren’t comfortable having (ex., client-side key risk, hot keys).”  

Shezhan added that “Risks we previously thought were impossible, such as thinking oracles couldn’t be manipulated to liquidate individual users, we figured out were possible in practice. We are unwilling to compromise on security for our users at any level, and we take a very holistic view on removing trust, dependencies, and counterparty risk.”

DLCs are a kind of Bitcoin smart contract that can anchor the spendability of a bitcoin balance to an external event, such as the price of bitcoin in dollar terms, through the use of a third-party “oracle”. Oracle-based decentralized finance technology (DeFi) was recently exploited, resulting in a 20 billion dollar liquidation event, specifically targeting Binance’s stablecoin orderbook. 

Their previous technology, which Shehzan says is still used by users who did not choose to update to the new version of the software, gave end users cryptographic control over part of the account via 2 of 2 multi-signature DLC smart contracts, limiting how the Bitcoin put up by users as collateral could move. 

Lava’s terms of service still claim — as of the time of writing — that the company has “no exclusive custody or control over the contents of your wallet and has no ability to retrieve or transfer its contents.” Yet this contradicts statements made by Shehzan in recent days regarding the company’s pivot to a cold storage custody model.

Despite Shehzan’s clarification and posts on X, critics were skeptical of the reasoning. Some users were alarmed at the fundamental change in the custody model, which caught many by surprise and was communicated poorly, if at all.

One user, Owen Kemeys of Foundation devices, wrote, “Did Lava get my informed consent?” sharing a series of screenshots of the app update messaging, which says nothing about the change in custody model.

Will Foxley of Blockspace media complained, “Why did they roll legacy loans over without contact first. Plus, how did they do this if it was DLCs? Did I sign a bunch of pre-signed transactions that gave them control over the entire loan?”

The pivot has also raised questions about the company’s regulatory status and licenses, as centralized and custodial bitcoin-backed loan providers are arguably regulated under more traditional frameworks. Such regulations tend not to apply to DeFi-style self-custody products, precisely because user funds remain under user control, rather than under the complete control of a third party. With trust custodial trust becoming the Lava model overnight, what regulatory status does the company fall under? 

Jack Mallers, CEO of Strike — a competing Bitcoin company with a Bitcoin-backed loans product line and a market leader — questioned the move, particularly in terms of licensing, which Strike has been working to acquire for years:

“If they’re custodial, how is what they’re doing legal?

Strike has been acquiring licenses for years. You can’t just “flip a switch” from non-custodial to custodial and start offering brokerage, trading, or lending services. That’s unlicensed activity, and it’s very illegal.

What licenses does Lava actually have that allow them to do what they’re doing?” 

Bitcoin Magazine has not independently verified Lava’s licensing status. When asked for comment on the legal strategy and status of Lava, Shezhan pointed Bitcoin Magazine to the company’s FAQ, which does not appear to address the questions directly at all. 

The nature of the investment announced by Lava was also called into question last week, as Cory Klipsten, CEO of Swan — a likely competitor to Lava — has also been actively engaging the story, suggesting it is specifically a line of credit agreement rather than an equity-style VC investment into the company. When asked, Shehzan told Bitcoin Magazine, “we raised both venture and debt,” referring to the 200 million raise announcement, though he did not go into details. 

While the story is still developing and mostly involves discussions and debate on Bitcoin Twitter, the drama highlights the high value Bitcoiners place on self-custody and the risk of closed-source crypto applications, which can be updated without proper transparency or information being delivered to users about how their capital is secured. 

This post Lava Abandons Self-Custody Amidst Fund Raise, Sparking Controversy first appeared on Bitcoin Magazine and is written by Juan Galt.

Bitcoin Magazine

Amboss and Voltage Partner to Turn Bitcoin Payments Into a Source of Yield

Amboss Technologies and Voltage have joined forces to launch a new enterprise payment stack that could redefine how businesses handle Bitcoin and stablecoin transactions, according to a release shared with Bitcoin Magazine. 

The collaboration combines Voltage’s Lightning Payments API with Amboss Rails, allowing instant, low-cost payments and automated yield generation on self-custodied Bitcoin.

The goal of the collaboration is to turn what has traditionally been a cost center — payment processing — into a potential revenue stream.

In high-volume industries such as iGaming, prediction markets, and exchanges, fees can consume up to 5% of total transaction volume. Meanwhile, large Bitcoin or stablecoin holdings often sit idle. 

Speedy bitcoin transfers that solve problems

The new Amboss–Voltage integration addresses both these problems. Voltage’s API enables near-instant, global BTC and stablecoin transfers via the Lightning Network, while Amboss Rails manages liquidity dynamically, allowing businesses to earn yield by routing payment flow across the network.

In other more simple words, this partnership will help businesses process Bitcoin and stablecoin payments instantly and cheaply — while turning idle balances and payment costs into a source of yield.

“Payments have long been a drag on margins, but with this combination, we’re flipping the script,” said Jesse Shrader, CEO of Amboss. “Rails provides the yield engine to attract and optimize capital, while Voltage’s Payments API simplifies Lightning adoption. Together, it’s a flywheel that makes enterprise payments and treasury management more efficient and profitable.”

Voltage CEO Graham Krizek said the stack unlocks new capital strategies for businesses. 

“By generating self-custodial yield through Lightning, companies can turn idle Bitcoin into a productive asset that offsets custody costs while supporting real payment flow,” he said.

A key innovation lies in Voltage’s Taproot Assets support, which enables seamless, in-flight exchanges between Bitcoin and stablecoins within a single payment. This lets companies integrate stablecoin payments without compromising on compliance or security, backed by Voltage’s SOC 2 Type II certification.

Early enterprise pilots in iGaming and financial platforms are already testing the system, reporting up to 30% reductions in effective payment processing costs through yield offsets.

The integration also marks a step toward machine-economy-ready infrastructure, where liquidity and payments interact autonomously across the Lightning Network. 

Amboss’ ML-powered routing (MP-Flow) and Voltage’s instant settlement API combine to create a scalable foundation for global Bitcoin-native commerce.

The Amboss–Voltage partnership underscores a growing trend in Bitcoin infrastructure — one where businesses don’t just move value, but also earn from the flow of it.

This post Amboss and Voltage Partner to Turn Bitcoin Payments Into a Source of Yield first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin has done what many bulls dreaded: it plunged below six figures, crashed through $100,000, and even tumbled past $98,000 in a wave of liquidations not seen since May.

As reported by CryptoSlate, BTC fell to $98,550, triggering $190 million in long liquidations in one hour and $655 million in 24 hours as spot ETFs saw a $278 million net outflow on Nov. 12 and $961 million for the month so far.

This event shifted a slow decline into a sharp drop, clearing leveraged longs and forcing the market to face the on-chain support below the price.

On-chain data reveals shifting market structure beneath $100k

Coinbase data showed the extent of the move in the US after liquidations began. Bitcoin peaked at $103,988 before falling to $95,900, last closing near $96,940: barely 2% above $95,000, the on-chain HODLers Wall. The market fell from a 5% cushion above the wall to nearly touching it.

The on-chain wall’s structure remains, but price behavior has changed. Cost-basis distribution shows that approximately 65% of all invested USD in Bitcoin is above $95,000, with every short-term holder’s coin priced there or higher, and 30% of the long-term holder supply in the same range.

This isn’t the thin, speculative air of 2017’s top or the initial 2021 peak. It’s similar to the denser “second-wind” structure of late 2021, where seasoned holders and new entrants shared the topping zone, and resolution took months.

That density explains why spot has dragged for so long. The US election rally last year pulled a broad swath of buyers into the $95k–$115k range and trapped them through a year of sideways trading.

With the short-term holder cost basis already breached at about $112,000, every failed attempt to recover that level trapped more recent buyers underwater while long-term holders sat on a layered cost-basis ladder just below the highs.

Futures unwind and ETF outflows reveal a thinning support zone

The latest cascade exposed that structure: once futures longs started to unwind, there was very little fresh demand between the $106k-$118k resistance area that Glassnode flagged and the psychological $100k handle, and ETF demand was no longer strong enough to absorb forced selling.

The key difference now is who’s selling. In 2017 and 2021, supply near the top was mostly from short-term holders. After those peaks, older, in-profit coins rotated out. Then, unrealized losses reached 15% of the market cap within six weeks, filling old air pockets.

In 2025, unrealized losses are about half what they were in January 2022, despite BTC trading under $100k and touching the wall.

Glassnode data shows STHs have been underwater against their $111,900 cost basis since October. Their realized profit-loss ratio fell below 0.21 near $98,000, meaning over 80% of the value they moved there was sold at a loss.

This is classic capitulation by top buyers, not a broad LTH exit. Checkonchain confirms: almost half the coins recently sold came from high-entry, recent buyers exiting as the market hovers near the wall.

That’s why $95k still matters. It was a theoretical bull cycle “fail point”; now the price nears it. New Coinbase data shows that BTC’s $95,900 low places it deep within the long-term holder zone, where most coins remain unmoved. If this group stays firm, the wall can absorb forced STH and derivatives selling.

However, if Bitcoin cleanly loses $95,000, the roadmap is reasonably clear. The first shelf sits around $85,000, the “tariff tantrum” low, where spot hammered out a local bottom during earlier policy jitters and briefly refilled part of last year’s air pocket.

Below that is the True Market Mean at $82,000, which sits directly over the residual gap from the US election pump and would be a natural magnet for a deeper flush. Only beyond those levels does the large, older demand band between $50,000 and $75,000 re-enter the conversation.

How this cycle’s risk profile differs from 2022

There is another key difference from 2022 that the current price action has not undone.

Back then, the loss of the $45k base of that cycle’s HODLers Wall was swift and brutal: STH cost basis gave way at $54k, the wall at $45k offered almost no support, and the market spilled straight down to the True Market Mean around $36k, intersecting a multi-year air-pocket that went all the way back to the start of the cycle.

In this cycle, the potential fall from the wall to the mean is much shorter, and the underlying demand from the 2024 range is closer in price. A move from $95k to the low-$80ks would hurt, but it would not recreate the kind of deep, multi-year bear that followed the 2021 peaks.

The short-term backdrop remains fragile. ETF flows tilt negative, redemptions replacing the steady inflows that supported Bitcoin for most of the year. Perpetual funding and open interest have declined since October’s leverage flush. Options markets now pay an 11% implied volatility premium for puts over calls, signaling traders are hedging for downside.

What happens next depends less on short-term traders than on the holders who own the bulk of the supply above and just below $95k.

If they hold their nerve, the wall can continue to act as a floor, giving the market time to rebuild demand. If they crack, the path through $85k and down toward the $82k mean is already drawn on the on-chain chart.

The post Bitcoin tests the $95k HODL wall after cascade knocks out $655M from bulls appeared first on CryptoSlate.

Equity screens show a broad red, with the S&P 500 down around 1.8% and the entire crypto market under pressure simultaneously.

What appears to be an unexplained wipeout is, in fact, a layered move driven by interest rate expectations, crowded positioning in tech and AI names, and a shift in global risk appetite that is pulling liquidity from the parts of the market that led the prior rally.

Across crypto, the tape was heavy over the last 24 hours: Bitcoin -5.8%, Ethereum -9.4%, XRP -8.8%, Solana -9.2%, and BNB -5.2%. As a result, the total market cap fell by 6% to $3.2 trillion from around $3.4 trillion.

Over $1.1 billion was wiped out from futures markets, according to CoinGlass data, with over $500 million liquidated from Bitcoin positions alone.

Tightening financial conditions reverberate through growth assets.

The first piece sits with the Federal Reserve. Markets spent much of the year pricing in a clear path toward rate cuts and a softer stance on policy.

Recent communication has pushed back on that comfort, with officials leaning toward keeping policy tight for longer and treating incoming data with caution.

Investors had built in a faster easing path, and the adjustment toward fewer or later cuts has pushed yields higher across the curve.

Higher real yields compress the present value of long-dated cash flows, which hits growth stocks and long-duration assets and pulls forward the valuation reset that had been delayed by abundant liquidity.

That repricing feeds directly into the sector that carried much of the index-level gains. The latest leg of the S&P 500 move was led by mega-cap tech and AI-related names.

Markets have been debating whether the earnings and spending path can match the premium baked into those stocks.

Shares of Nvidia, Alphabet, and Tesla have come under pressure as traders reassess how much AI-driven revenue and margin expansion can realistically land within the next few years.

When these names lose altitude, cap-weighted indices move with them, and passive products like SPY show broad declines even if other sectors are relatively stable.

Reshaping risk premiums and driving a broad rethink of where capital can safely sit.

The move is not only about valuations, it is also about positioning and flows. There has been a rotation out of the prior “everything up” phase toward a more defensive stance as policy, macro, and earnings uncertainty builds.

That is visible in the distribution of sector returns. In the most recent session, technology stocks fell by around 2%, while healthcare stocks gained close to 0.9%.

Capital is shifting from high-growth areas with multiple returns to value and defensive sectors, such as healthcare and, in some cases, energy.

From an index-level view, however, the heavy weight of tech means those smaller pockets of green are not enough to offset the drag from mega caps, so the screen still looks uniformly red.

Macro and political headlines are adding to that caution. The Dow fell approximately 397 points in a single session as traders sought to reduce risk and raise cash.

Concerns around fiscal negotiations and the prospect of government shutdown brinkmanship in the United States have added another source of uncertainty to the outlook for growth and policy.

In Europe, the upcoming UK budget forecasts are causing markets to react to the prospect of higher taxes and tighter fiscal room, which is pressuring domestic stocks and weighing on broader European sentiment.

Together, these factors create an environment where cross-border flows into US equities can slow or reverse, which further amplifies weakness in benchmarks such as the S&P 500.

This backdrop matters for crypto because the same drivers shape funding, leverage, and risk appetite on-chain and in derivatives.

How shifting rate expectations and tech unwinds triggered the sell-off.

For much of the year, Bitcoin and large-cap digital assets have behaved as high-beta expressions of the same macro trade that supported growth equities.

When real yields rise, the dollar strengthens, and volatility increases in stocks, multi-asset funds, and crossover traders often reduce their exposure across the board.

That means de-risking in tech portfolios can coincide with reductions in crypto holdings, forced liquidations in perpetual futures, and lower demand for leverage.

Even crypto-native flows feel the impact as stablecoin yields compete with Treasury rates and marginal capital faces a clearer opportunity cost.

At the same time, the structure of equity indices shapes how “everything red” appears on trading dashboards. SPY tracks large-cap US stocks, with considerable weight in information technology and communication services.

When those sectors come under pressure, the ETF reflects that move almost immediately.

According to the Financial Times, a renewed bout of “tech jitters” has driven broad US stock declines, as traders question whether the AI and cloud spend cycle can keep pace with prior expectations.

SPY’s drop of roughly 1.8% fits that pattern, where heavy selling in a concentrated group of leaders pulls the rest of the basket lower even if some defensive or value names are flat or slightly positive.

Flows also matter around the edges. When buyback programs pause during blackout windows, a steady source of corporate demand for shares temporarily disappears.

If that coincides with higher volatility, hawkish central bank messaging, and headline risk around budgets or shutdowns, selling pressure has fewer natural counterparties.

Earnings results have been solid in many cases; yet, the bar set by prior guidance and market expectations leaves less room for an upside surprise.

Parsing what comes next: why cross-asset signals matter now.

In that environment, “good enough” numbers can still lead to downward price moves as traders lock in gains and fade stretched narratives.

For crypto markets, the forward path hinges on how this macro repricing evolves rather than on any single equity session.

If the higher-for-longer policy remains the base case and the cost of capital stays elevated, the hurdle rate for speculative and long-duration assets remains high.

Bitcoin’s role as a liquidity asset, macro hedge, or risk asset can shift across cycles, so monitoring realized correlation with equities, ETF flow data, and stablecoin market value will be important for reading whether the current sell-off reflects a temporary flush or a deeper reset of risk appetite.

For now, a slower path to rate cuts, pressure on crowded tech and AI trades, and more cautious global capital flows are working together to keep both equities and crypto in the same red zone.

The post Why is everything down? Macro shock turns Bitcoin and other risk assets red across the board appeared first on CryptoSlate.

November 2025 is shaping up to be a pivotal month for crypto investors. This comes as a wave of several top presales is making waves across different spheres, such as gaming, fintech, and memecoin. Here, we will spotlight the top five presales to watch in November 2025.

As the crypto market recovers from its cyclical downturn, its market cap has risen by nearly 5% to a staggering $4.57 trillion. This increase comes forth amid the major macroeconomic shifts and renewed investor confidence, driven by regulatory clarity in the space. That being the case, many investors are looking for the next 100× presale projects to invest in.

As market sentiments signal a bullish run, based on current market prices, such as Bitcoin hovering around $106k, presales remain the most compelling yet complex arenas for growth. With this generation of projects, launches are more structured, as tokenomics are more transparent, teams are often KYC-verified, and products are frequently live.

This November, there are potential breakout stories that range from Bitcoin Layer-2 projects to GameFi ecosystems, among others. Here are some of the top presales to watch out for in November 2025.

Top Crypto Presales To Close Out 2025

1. Earth Version 2 ($EV2)

Earth Version 2 ($EV2) is a gaming token developed by Funtico and Frozen Dawn Entertainment. It features a game that is available on PC (Steam), PS5, and Xbox. By combining its entertainment with NFTs and blockchain-based economies, EV2 is revolutionizing the gameplay by supporting actual asset ownership, together with play-to-earn opportunities.

With its presale currently underway, EV2’s native token, $EV2, is priced at $0.01. With 90,500 tokens already sold, EV2 is set to increase the price to $0.015 during the presale. This makes the project one of the most lucrative investments for investors who believe in the return of gaming as a central crypto narrative.

2. GoodCrypto (GOOD)

GoodCrypto is not just another crypto presale rocking the space. It is a multi-exchange trading app that seeks to revolutionize the way users trade, track, and manage portfolios. With a total raise of $657,000, its native token, $GOOD, holds considerable promise for its holders. This is courtesy of the 50% revenue share of all swap fees collected on the platform, as well as the swap fee discounts.

With only 20% of the tokens up for presale and the presale ending on November 30, 2025, $GOOD is positioning itself among the presale projects that investors don’t want to miss out on.

3. Best Wallet (BEST)

Best Wallet is a revolutionary non-custodial wallet that aims not only to streamline the buying process but also to provide personalized, multi-wallet portfolios. With over $5.1 million already raised, Best Wallet is underscoring both community confidence and market relevance in what it has to offer.

Beyond that, its users will be able to enjoy seamless cross-chain swaps, all from their phones. Additionally, the early holders of the $BEST token will have the power to participate in governance, pay platform fees, receive staking rewards, and gain early access to new presales. This has made it an interesting pick among the top presales to watch out for in November.

4. Tapzi (TAPZI)

Tapzi has positioned itself as one of the most compelling presales worth looking out for in November. This is because it is the first Web3 gaming platform that focuses on the skills to determine the winner in the game. Its presale is currently live till January 30, 2026, during which the $TAPZI tokens can be bought for $0.0035.

With 69.27% of the tokens already sold, Tapzi aims to sell $150M worth of tokens before launching at $0.01. The difference between the presale and launch value makes it a lucrative investment for buyers who want to make a winning buy. Additionally, as a gamified platform, players can stake $TAPZI and participate in games such as live chess, rock-paper-scissors, and checkers, where winners receive the entire prize pool.

5. Maxi Doge (MAXI)

Maxi Doge is a meme coin with maximalist branding. By leveraging the meme culture that has developed around the successes of Dogecoin and Shiba Inu, Maxi Doge has positioned itself as the next big viral token. A quick look at its presale figures shows that $MAXI is currently trading for $0.0002675 per token.

With over $3.9 million out of the $4.3 million required, the token has shown strong early interest among many. The low entry price and the promise evident from the $800k that has been raised since July 29, 2025, make Maxi Doge a presale project worth watching in 2025 for investors who are excited about 1000× leverage.

Future of Crypto Presales

The crypto presale landscape in 2025 is markedly different from those of previous cycles. This is greatly attributed to the research-driven environment, one where investors demand substance and verifiable progress. For this, all the credit goes to the speculative frenzy that was seen in the 2021 and 2022 era, which paved the way for a more selective path. Not forgetting the diversification in the space, presales now feature more than just meme coins, as innovations can be seen in categories such as Bitcoin scalability, fintech integration, and cross-chain gaming.

Additionally, with the regulatory and audit oversight in place, the current presales are rewarding transparency and penalizing opacity. A collection of all these aspects suggests that the next generation of successful presales will be those that combine innovation with credibility.

Conclusion

Being one of the most dynamic and potentially rewarding frontiers, the presale space in the crypto industry has remained one of the most trodden paths by disciplined investors. With a snapshot of the top presales to watch out for in November, it is clear that the presale market is no longer a speculative lottery but a venture landscape. In a market that rewards early conviction, these five presales represent the most compelling opportunities to watch as 2025 draws to a close.

Disclaimer: This is a sponsored post. CryptoSlate does not endorse any of the projects mentioned in this article. Investors are encouraged to perform necessary due diligence.

The post Top Presales to Watch Out for In November 2025 – $EV2, $MaxiDOGE, and Best Wallet Lead The Way appeared first on CryptoSlate.

Bitcoin (BTC) dropped 3% to $98,550.33 as of press time, falling below the psychological $100,000 threshold for the third time this month amid cascading leverage liquidations, persistent ETF outflows, and a broader risk-off posture across digital assets.

The slide accelerated after Bitcoin broke support at $100,000, triggering over $190 million in long liquidations in the past hour, per Coinglass data.

Bitcoin failed to break through the support-turned-resistance level at $106,400 earlier this week, raising concerns about what was to come. However, every time it lost that level, it has always rebounded around the psychological $100,000 support or at least the $99,000 support created back in June.

Total liquidations across the past 24 hours reached $655 million, amplifying downward momentum as over-leveraged positions unwound.

Ethereum declined 5.75% to $3,218.37, Solana dropped 5.2% to $145.55, and BNB fell 3.2% to $922.90, reflecting synchronized selling pressure across major tokens.

ETF flows turn negative as institutional demand softens

US spot Bitcoin ETFs recorded net outflows of $278 million on Nov. 12, contributing to roughly $961 million in cumulative redemptions this month, according to Farside Investors.

The shift from net inflows to modest withdrawals removes a key stabilizing force that supported prices through mid-2025, leaving spot markets more vulnerable to derivatives-driven volatility.

Historical patterns suggest that ETF flow reversals often coincide with consolidation phases rather than periods of directional conviction.

Glassnode’s Nov. 12 analysis confirms that Bitcoin has traded below the short-term holder cost basis of $111,900 since early October, establishing a bearish regime characterized by low liquidity and weak conviction.

The network’s short-term holder realized profit-loss ratio fell below 0.21 near $98,000, indicating that over 80% of the realized value came from coins sold at a loss, representing a capitulation intensity exceeding that of the last three major washouts of the current cycle.

Glassnode identifies the sub-$100,000 zone as a critical battleground where seller exhaustion is beginning to take shape. However, a sustained recovery requires Bitcoin to reclaim the $111,900 cost basis as a level of support.

Sentiment deteriorates as leverage dries up

Bitcoin perpetual futures funding rates remain subdued across major exchanges, with both funding rates and open interest drifting lower since October’s leverage flush.

The absence of aggressive positioning reflects market hesitation, with traders avoiding directional bets as volatility expectations remain elevated.

Options market data reinforces this defensive stance. Put protection trades are priced at an 11% implied volatility premium over calls for short-term expiries, indicating that traders continue to pay for downside insurance.

Open interest concentrates heavily around the $100,000 strike for end-of-November expiries, making this level a critical threshold where dealer hedging flows could amplify volatility if breached.

Recent option flows have focused on puts between the $108,000 and $95,000 strikes, structured as outright protection or calendar spreads that capture expectations of near-term turbulence.

Glassnode’s cost basis distribution heatmap reveals a dense supply cluster between $106,000 and $118,000, representing investors positioned to exit near breakeven.

This supply overhang creates natural resistance where rallies may stall unless renewed inflows absorb distribution pressure.

The firm notes demand from short-term holders, a proxy for new investor momentum, has remained notably weak since June 2025, reflecting an absence of fresh capital entering the market.

Broader risk sentiment deteriorated alongside crypto declines, with higher real yields and persistent funding stress pressuring speculative assets despite the recent resolution of the US government shutdown.

Morgan Stanley’s recent “fall season” note advised clients to harvest gains rather than chase upside during this phase of the four-year cycle, contributing to reduced risk appetite among institutional allocators.

The combination of heavy leverage positioning, soft ETF demand, and structural resistance above current prices transformed each breach below $100,000 into a self-reinforcing cascade.

The post Bitcoin loses its last line of defense: $98k breakdown sparks cascade not seen since May appeared first on CryptoSlate.

When Chainlink briefly appeared on a DTCC reference list, the crypto industry jumped to claim a “LINK ETF confirmed.”

In reality, just like with XRP and Bitcoin, this was just a routine DTCC plumbing update, preparing for potential ETFs long before the SEC signs off. LINK had made it into the settlement system, not past the approvals gate.

However, it is generally a good sign. Most crypto ETFs that appear on the list eventually go live within 6 months. Bitcoin ETFs were listed in October 2023 and finally went live in January 2024, while Canary Capital’s XRP ETF appeared on DTCC this month and went live today.

Still, the distinction matters because it helps ground you in reality, as DTCC’s role begins where speculation usually ends. It’s a post-trade clearinghouse, not a regulator, and its data reflects operational readiness, not policy blessing. Bitcoin, Ethereum, and even XRP have undergone a similar rumor cycle.

The difference between BTC and ETH was that these came after the formal filings were already underway, including exchange rule changes and registration statements that form the backbone of ETF approval. Without both, a ticker on DTCC’s website is just scaffolding: an empty doorway with no house behind it.

The real gatekeepers

To reach day-one trading for a crypto ETF, two main approvals are required in a specific order. First, the exchange seeking to list the ETF must obtain approval for a Rule 19b-4 filing. This filing requests SEC permission to change an exchange rule to list the new product.

This step has often been a stumbling block for crypto ETFs. The SEC evaluates whether there is a “market of significant size” to detect and deter manipulation, or if an alternative surveillance arrangement exists that achieves the same goal.

This standard was the issue in Grayscale’s case, forcing the SEC to clarify the criteria. That led to the approval of spot Bitcoin and Ethereum ETFs in 2024.

SEC orders said that oversight deals with markets like CME address manipulation. For Ethereum, exchanges could use correlation analysis to demonstrate that futures and spot prices move together.

Once the 19b-4 approval is in hand, the ETF issuer must submit an S-1 registration statement, detailing the fund’s structure, custodian, pricing, risks, and fees. The SEC reviews this document and may ask follow-up questions, as was the case with the Ether ETF. No trading can begin until the S-1 is declared effective.

In summary, the exchange must first obtain listing approval (19b-4), and the issuer must then obtain offering approval (Form S-1). Only when both approvals are granted can an ETF debut.

In 2025, the SEC introduced a generic-listing framework designed to make these two approval steps simpler for digital-asset ETFs that closely resemble previously approved products. While it certainly shortened the timeline, exchanges still need to demonstrate the underlying market’s liquidity and price reliability. For tokens like LINK, meeting both approval requirements remains challenging.

Why this matters

If a LINK ETF eventually clears all these steps, it could reshape how both crypto natives and everyday investors gain exposure to digital assets.

For the average person, it would mean buying LINK in the same brokerage account where they hold Apple stock or an S&P 500 fund.

No wallet setup, no seed phrases, no learning curve. Tax reporting would also be simpler: 1099 forms instead of the patchwork spreadsheets most self-custody users wrestle with every April.

However, convenience comes with trade-offs. ETF holders pay management fees and may face tracking differences, the small but persistent gap between an ETF’s price and the coin’s actual market value. Early on, spreads can be wide if trading volume is thin.

There’s also a conceptual cost: ETF investors won’t be using LINK in DeFi, staking it (yet), or voting on governance proposals. They’ll be holding exposure, not utility.

Advisors will most likely view altcoin ETFs as a niche asset class in a diversified portfolio, allocating perhaps only a few percentage points of total assets, balanced against the riskier volatility.

Liquidity and the mechanics underneath

ETFs utilize authorized participants and market makers to maintain prices in line with their net asset value. For LINK, thinner markets mean large creations or redemptions could affect prices or DeFi liquidity.

If an ETF holds a significant amount of LINK, it could reduce liquidity on exchanges and staking pools, leading to more pronounced price swings in stressed markets. That’s why the SEC reviews custody and creation-redemption processes closely.

Staking adds complexity. If an ETF stakes LINK, the SEC would likely require more disclosures about the risks akin to BSOL, so it would be harder but entirely plausible.

DTCC’s role is operational, handling settlement and record-keeping. When LINK appeared in its data, it only meant a potential ETF was being readied for possible approval.

Reading the real tells

To distinguish real ETF progress from rumor, focus on official process steps: actual regulatory filings, not screenshots, indicate significant movement toward an ETF launch.

• A 19b-4 approval on the SEC’s website or the Federal Register means an exchange can legally list the product.
• An S-1 going effective on EDGAR means the issuer can actually offer shares to the public.
• DTCC and NSCC listings indicate that the back office is prepared if both events occur, but not before.
• Any SEC discussion of surveillance or correlation analysis, such as the ones cited in the Ethereum approval orders, reveals where the agency’s thinking is headed.

The market now has a clear template, thanks to Bitcoin, Ethereum, Solana, and now XRP; yet, each new asset will face its own liquidity and integrity tests. What matters most to investors is that the structure to make altcoin exposure mainstream is now in place. The next phase will determine who gets to walk through it.

DTCC tickers may cause excitement, but they are only a step in the ETF process. The process only concludes when both of the SEC’s approvals, 19b-4 and S-1, are officially granted.

When this happens, it will be evident through formal filings, not screenshots, marking the actual start of the ETF timeline.

The chance of a Chainlink ETF going live in 2025 sat around 30% but after today’s launch of XRPC from Canary Capital, the timeline could well be moved up.

So, keep an eye out for any of the filings mentioned above if you’re chomping at the bit to buy into a LINK ETF.

The post LINK ETF confirmed for 2025? XRP and SOL launches move up Chainlink timeline appeared first on CryptoSlate.

The bitcoin market just took another heavy hit. U.S. spot bitcoin ETFs recorded $869.9 million in outflows on Thursday, making it the second-largest daily exit since these products launched. That kind of number doesn’t happen quietly. It rippled through the entire market, dragged prices lower, and sparked fresh questions about whether this is fear taking over or simply a reset before the next leg up.

Why Did Spot Bitcoin ETFs Suddenly See Such Big Outflows?

Thursday’s mass exit wasn’t an accident. According to SoSoValue data, several major funds were hit hard. Grayscale’s Bitcoin Mini Trust saw the biggest drain at $318.2 million. BlockRock’s IBIT wasn’t far behind with $256.6 million slipping out, while Fidelity’s FBTC lost $119.9 million. Even GBTC and funds from Ark, 21Shares, Bitwise, VanEck, Invesco, Valkyrie, and Franklin Templeton were in the red.

This move ranks just behind the all-time record set on February 25, 2025, when investors pulled $1.14 billion in a day.

So what’s going on? The institutional flows tend to move together. When macro conditions start feeling shaky, these players reduce risk in clusters.

Vincent Liu, CIO of Kronos Research, summed it up well. Large outflows reflect a risk-off turn, he said. Institutions are stepping back as macro noise builds, but he doesn’t see it as a collapse in long-term demand. Instead, he views these drops as part of an oversold setup that long-term buyers might soon take advantage of.

What’s Triggering This Risk-Off Mood?

Markets aren’t reacting to a single shock. It’s more of a pile-up of small but worrying signals.

Min Jung of Presto Research noted that investors are rotating out of higher-beta assets and moving toward safety. The uncertainty around the Fed is a big piece of this. Weak ADP and NFIB readings point to a softening labor market. That feeds into expectations that the Fed is preparing to ease, but with caution. And traders hate uncertainty more than bad news.

Fed rate-cut odds for December have now slipped to 50.4 % according to the CME FedWatch Tool. When central bank direction becomes fuzzy, money tends to retreat from volatile assets first. Bitcoin is always at the front of that line.

How Did Bitcoin Price React to the Bitcoin ETFs Outflows?

The Bitcoin price action was quick and sharp. Bitcoin price dropped 6.4% over the past 24 hours, touching $96,956 early Friday.

Liu described the sell-off as a liquidity let-down. With cascading liquidations and fewer buyers in the order book, every drop hits harder. According to him, demand is clustering between $92,000 and $95,000, which could act as a cushion if selling continues.

Justin d’Anethan from Arctic Digital echoed the same idea. He pointed out that if bitcoin dips into the lower $90Ks, plenty of sidelined investors will view that zone as an opportunity. Not long ago, BTC was climbing past the mid-$120Ks. Many missed that move and are waiting for a deeper reset.

Is There a Bigger Trend Behind the Sell-Off?

Sometimes a crash has a clear trigger. This wasn’t one of those days. Jung noted that the pullback didn’t come from a single event. Instead, it was a blend of macro uncertainty, weakening risk appetite, and jittery flows ahead of the next FOMC meeting.

When the market feels unsure, even neutral data gets interpreted negatively. That’s the kind of environment bitcoin is dealing with right now.

What Happens Next?

The story isn’t over. The next few sessions will show whether the $92K to $95K range can hold. If it does, $BTC might see a relief bounce as liquidity stabilizes and buyers return. If it breaks, the lower $90Ks could come into focus quickly.

Here’s what matters most right now:

• Bitcoin ETF outflows are a reflection of macro anxiety, not a collapse in bitcoin’s long-term story.
• Liquidity is thin, so volatility stays elevated.
• Support zones are nearby, and long-term buyers are watching closely.

This is the kind of environment where panic selling and strategic accumulation happen at the same time. The next bounce will reveal which side is in control.

A Forward-Looking Forum for the Future of Energy

The Solar PLUS Forum 2025 stands as one of Germany’s most relevant platforms for exploring the future of the electric energy system. With rapid innovation across renewable energy, digital grid management, and real-world asset tokenization, the event brings together the thought leaders who are shaping Europe’s energy transition.

Professionals from engineering, research, finance, digital infrastructure, and Web3 will gather in Berlin to discuss how energy systems are evolving—and how digital technologies are transforming the way energy is produced, traded, stored, and financed.

Why Solar PLUS Forum 2025 Matters This Year

1. Energy Is Becoming a Digital Real-World Asset (RWA)

A growing share of assets in the energy sector—electricity, flexibility, certificates of origin, storage, and grid services—are being redesigned through digital and tokenized frameworks.
This shift unlocks:

• faster settlement processes
• transparent energy flow verification
• decentralized financing models
• new revenue structures for renewable projects

The forum highlights how real-world energy assets are merging with digital infrastructure at scale.

2. Technology Is Reshaping the Distribution Grid

From dynamic grid tariffs to AI-driven maintenance, the 2025 program reveals strong momentum in digital grid intelligence.

Key innovations include:

• intelligent network control with forecasts & dynamic charges (A3)
• reinforcement learning for optimizing transmission topologies (C3)
• hybrid PMU evaluations for system operations (C6)
• software-assisted system restoration (B4)

These technologies represent the backbone of future electricity systems.

3. BESS, Smart Grids & Sector Coupling Enter a New Phase

Battery Energy Storage Systems (BESS), electrification, and smart metering continue to accelerate across Europe.

Sessions such as:

• green BESS as performance boosters for PV projects (D5)
• electrification of heavy vehicles analyzed through ML (C5)
• AI-optimised asset & maintenance management (B1)

…show how energy storage and predictive technologies are shaping the next decade of renewable infrastructure.

Program Highlights: What to Expect

A. Structure of Future Energy Systems

B. System Stability & Grid Operations

C. Digitalization of the Electric Grid

D. Energy Economics & Market Design

You can click here to find out more.

Meet Industry Leaders & Explore New Opportunities

Participants will have the opportunity to connect with experts from Germany’s leading energy research institutions, grid operators, and innovative companies across the renewable sector.

Industry investors and innovators—including Dennis Weidner, who has spent significant time researching China’s energy landscape and exploring investment pathways in RWA/tokenization—will also be present to exchange ideas with attendees.

Join Solar PLUS Forum 2025

Whether you specialize in renewable energy, grid digitalization, BESS, tokenization, energy markets, or infrastructure finance, this event offers deep insights into where Europe’s energy transition is heading.

🎟️ Use this 10% discount code for your ticket:
2259_FORUM25_Crypto_10

Ethereum Loses Key Support as Market Panic Spreads

$Ethereum has officially broken below the $3,200 support zone, a level that has held multiple times over the past weeks. This breakdown comes immediately after Bitcoin’s violent crash under $100,000, which triggered market-wide panic selling.

ETH/USD 4-hours chart - TradingView

$ETH reacted instantly, falling more than 5% in a single 4H candle as buyers failed to defend the yellow support line on your chart.

ETH Chart Analysis: Strong Support Hit – But Not Safe

The chart above shows:

• A clean double-bottom around $3,200 in early November
• Several failed attempts to reclaim $3,430–$3,480, confirming heavy sell pressure
• A strong rejection at the 21 EMA (yellow arrows) right before the crash
• Momentum turning bearish as Stoch RSI curls downward

Now that $BTC broke below 100K, the historical correlation strongly suggests ETH will not hold the $3,200 floor this time.

Ethereum Price Prediction: Next Ethereum Price Targets

If ETH loses the $3,200–$3,150 band:

🔻 $3,000 – psychological level: Likely to be tested quickly if BTC continues sliding.

🔻 $2,850 – $2,800 – major demand zone: This is the next real support on the macro chart. ETH should reach this area next if Bitcoin remains under pressure.

🔻 In an extreme flush: $2,650: Upside recovery only starts if ETH reclaims:

🔼 $3,350 – $3,480: Critical resistance cluster. Failure here = continuation down.

Bitcoin Price Breaks 100K: A Critical Psychological Level Lost

$Bitcoin has officially broken below the $100,000 psychological support, sending shockwaves across the crypto market. The 4H chart shows a sharp rejection from the $104K–106K resistance zone, followed by a steep selloff that accelerated once BTC slipped under the yellow support area.

BTC/USD 4-hours chart - TradingView

The break below $100K wasn’t just technical—it triggered panic selling, liquidations, and a massive imbalance in the order book, all visible in the depth chart.

$BTC is now trading around $98,500, with fear rising rapidly as traders reassess downside risks.

Bitcoin Crash: BTC Loses Structure and Re-Tests Local Lows

1. Major resistance rejection

On the 4H chart:

• BTC attempted to reclaim the $104K–106K zone, but the rejection (highlighted by your yellow arrow) confirmed strong seller dominance.
• Moving averages (9/21 EMA cross) remain bearish.
• Price quickly accelerated toward the next major support: $100K.

2. Support finally breaks

The long-tested horizontal zone at $100,000 has acted as:

• A psychological barrier
• A liquidity magnet
• A momentum pivot

Once price slipped under it, the market reacted violently.

3. Momentum indicators signal oversold

Stoch RSI is diving into oversold territory, suggesting short-term exhaustion—
…but not enough yet to prevent further downside if liquidity gets swept.

Depth Chart Analysis: Heavy Sell-Side Pressure

The depth chart clearly shows:

• Massive buy liquidity from 99K → 95K wiped out
• Increasing sell walls from $102K–105K

The order book shows a strong imbalance:

Buy-side liquidity (green):

• Deep stack down at $98K–96K
• Thinner liquidity as you approach $100K → meaning less support to stop crashes

Sell-side liquidity (red):

• Thick sell walls starting at $102K
• Strong bearish pressure preventing a quick recovery
• This confirms stronger sellers than buyers, signaling that BTC may not reclaim $100K immediately.

Bitcoin Price Prediction: What Comes After the Crash?

Immediate Support Levels

🔻 $98,300 – first bounce zone: (This area appears in both the trading chart and depth chart as a large liquidity pocket.)

🔻 $96,000 – $95,500: Stronger buy liquidity zone. If BTC continues falling, this is the next major support.

🔻 $92,000 – $90,000: A complete liquidity sweep may target this region if panic selling accelerates.

Upside Recovery Targets

If BTC manages to reclaim $100K:

🔼 $102,000 – $103,500: First resistance cluster (21 EMA + sell wall)

🔼 $104,000 – $106,000: The key area where BTC was previously rejected. Must be broken to regain bullish structure.

🔼 $108,400: 200 SMA resistance on the 4H—major trend confirmation point.

Market Sentiment: Fear Is Rising, But Opportunity Brewing?

The break below $100K triggered:

• Liquidations
• Panic exits
• Social sentiment collapse
• Derivatives funding flipping negative

However, structurally:

• BTC is still in a macro uptrend
• $96K–$98K has strong spot demand
• Whales historically accumulate during shakeouts
• Short-term pain is possible, but long-term buyers may see this as a rare dip.

The wait is finally over. XRP just stepped into a new league with the launch of the Canary XRP ETF (XRPC), the first U.S.-listed spot ETF designed to track the real-time price of XRP. It opened trading on Nasdaq on November 13 and immediately drew heavy interest, clocking nearly $500,000 in volume within the first five minutes and over $916,000 within the first half-hour. For a digital asset known for speed and utility, this debut couldn’t be more fitting.

This launch isn’t just another XRP ETF story. It marks a major turning point where traditional finance and blockchain utility finally intersect in a regulated U.S. market.

Why XRPC’s Launch Matters Right Now

XRP has always been different. It wasn’t built as a speculative coin or memecoin. It was designed for one purpose: moving value across borders quickly, cheaply, and reliably. With the rise of institutional interest in real-world utility tokens, this was the right moment for Canary XRP ETF to emerge.

Nasdaq’s certification gives the fund legitimacy, clarity, and accessibility that XRP hasn’t enjoyed before. Now investors can gain direct spot exposure to XRP without navigating wallets, private keys, or exchanges.

What XRPC Actually Tracks

XRPC is built to mirror the performance of the XRP Ledger across payment flows and liquidity protocols. Instead of promising active management or market timing, the ETF keeps things simple: it follows XRP’s spot price.

Steven McClurg, CEO of Canary Capital, summed it up clearly: accessibility to XRP through an ETF unlocks the next wave of adoption for a network already used in cross-border settlements, tokenization, and fast value transfer.

In other words, XRPC isn’t about hype. It’s about giving investors a clean, regulated way to participate in one of the most established blockchain payment systems in the world.

How Strong Was the ETF’s First-Day Hype?

The first-day hype around XRPC was obvious from the opening bell. Trading kicked off with about $130,000 in volume at market open, and within just five minutes activity on Robinhood alone had already crossed the $500,000 mark. 

By the 30-minute point, total volume had climbed past $916,000, showing that buyers were lining up fast. 

Even before launch, Bloomberg analysts were calling for a big debut, with estimates ranging from $17 million to $34 million in first-day volume. Put together, these numbers show real demand from investors who’ve been waiting for a regulated, simple way to gain exposure to $XRP.

The Bigger Picture

The first U.S. spot XRP ETF isn’t just a financial product. It’s a signal. Utility-driven digital assets are gaining traction, regulators are opening doors, and investors are finally getting tools that make sense inside traditional markets.

If Bitcoin ETFs pulled institutions into crypto, XRP’s XRPC might be what brings them to real-world blockchain utility.

The banking group warned that Sony's stablecoin charter could undermine consumer protections and bypass rules.

BlackRock’s iShares Bitcoin Trust totaled more than a quarter billion in investments, in the worst day of Bitcoin ETF outflows since February.

The case will hinge on evidence of whether competitors are truly blocked from Apple's iOS ecosystem, a legal expert told Decrypt.

Investors retreated across risk assets on Thursday as Bitcoin’s slide hints at fading demand and heavier long-term holder selling.

Canary's XRP fund opened with record activity for the year despite a broader market pullback that has weighed on crypto prices.

Ripple CTO David Schwartz sheds crucial light on XRP and XRP Ledger dynamics, highlighting one key reason why XRP has no issuer.

Friday on the crypto market opens up with pressure as XRP suffers an 800% liquidation imbalance, SHIB meme coin erases $420 million in value in a day and Bitcoin slips under $100,000 as Binance founder CZ delivers cryptic remark.

Crypto advocate Paul Barron pokes BlackRock for missing out on XRP ETF amid massive opening volume

Bitcoin's three-day plunge to $97,000 triggered a $600 million realized-loss spike and midterm holder capitulation, yet Samson Mow believes the move is nothing more than a bear trap.

Canarary Capital's XRP ETF has registered the biggest trading volume out of more than 900 ETFs that have debut in 2025

TLDR

• Apple iPhone sales in China increased 22% in the month following the iPhone 17 launch on September 19, 2025.
• The iPhone 17 series made up nearly 80% of all Apple smartphone units sold in China during the first month.
• This marks a reversal from September 2024 when iPhone 16 sales dropped 5% in its first month.
• China’s smartphone market fell 2.7% year-over-year in Q3 2025, showing weak consumer demand.
• Apple faces competition from Xiaomi and Huawei in the Chinese market.

Apple reversed its China sales decline with a strong iPhone 17 launch. The company recorded a 22% jump in iPhone sales during the first month after the new model hit stores.

The data comes from research firm Counterpoint. Their survey tracked sales from the September 19, 2025 launch date.

Last year painted a different picture. iPhone 16 sales fell 5% in its first month on the Chinese market.

Apple Inc., AAPL

The 27-percentage-point swing shows Apple connected better with Chinese buyers this time around. The iPhone 17 clearly struck a chord that its predecessor missed.

Strong Product Mix

The iPhone 17 series dominated Apple’s China sales. Nearly four out of five iPhones sold were from the newest lineup.

This concentration matters for Apple’s bottom line. When consumers buy the latest models, they pay premium prices.

Release day brought crowds to Apple’s Beijing flagship store. Hundreds of shoppers waited to purchase the new devices.

The turnout signals sustained brand loyalty. Chinese consumers still value Apple products despite local alternatives.

Market Headwinds

China’s overall smartphone sector contracted in Q3 2025. Sales dropped 2.7% compared to the previous year.

Weak consumer demand affected most brands. Economic uncertainty kept buyers cautious about discretionary spending.

Apple’s gains came while competitors struggled. Xiaomi and Huawei continue pushing their own devices in China.

The local brands offer competitive features at lower price points. Yet Apple maintained its appeal to Chinese shoppers.

Sales Analysis

The first-month performance provides an early indicator. It doesn’t guarantee sustained success throughout the product cycle.

Apple’s pricing strategy held up despite economic pressures. Chinese buyers paid full price for the newest technology.

The September timing positioned Apple for fall shopping activity. Consumer electronics purchases typically increase during this period.

Previous iPhone models showed mixed results in China. The iPhone 16’s poor start worried investors about Apple’s China strategy.

The iPhone 17 data eases those concerns. Apple found a formula that resonates with the world’s largest smartphone market.

Counterpoint’s research captures retail sales to consumers. The figures reflect actual purchases rather than shipments to stores.

The 80% mix rate for iPhone 17 models exceeds typical patterns. New models usually take time to dominate sales completely.

This rapid adoption suggests strong product differentiation. Chinese consumers saw enough new features to justify upgrading.

Competition Continues

Xiaomi and Huawei aren’t backing down. Both companies invested heavily in their China smartphone businesses.

Local brands understand Chinese consumer preferences. They offer features specifically designed for the domestic market.

Apple competes on brand prestige and ecosystem integration. Chinese buyers value the status associated with iPhone ownership.

The smartphone market contraction affects everyone. Even strong performers like Apple face tougher conditions than in growth years.

China remains critical for Apple’s global business. The country represents one of the company’s largest revenue sources outside the United States.

The post Apple (AAPL) Stock: iPhone 17 Cracks China Market with 22% Sales Jump appeared first on Blockonomi.

TLDR

• Bitfarms stock plummeted 18% to $2.60 after revealing plans to completely exit Bitcoin mining by 2027 and transition to AI infrastructure.
• The company reported a $46 million Q3 loss, double the previous year’s loss, with revenue missing analyst forecasts by over 16%.
• CEO Ben Gagnon stated the Washington facility conversion to AI could generate more income than all previous Bitcoin mining operations combined.
• The move follows industry trends as Bitcoin mining shifts to lower-cost regions while US miners pivot to more profitable AI and high-performance computing.
• Shares have dropped 51% in the past month as Bitfarms becomes the first major miner to announce a complete exit from Bitcoin operations.

Bitfarms took a beating on Thursday as shares crashed 18% following news the company will completely abandon Bitcoin mining. The stock settled at $2.60 and kept sliding after hours to $2.51.

Bitfarms Ltd., BITF

The company plans to convert every Bitcoin mining site to artificial intelligence and high-performance computing over the next two years. The Washington state facility will lead the charge with completion expected by December 2026.

This 18-megawatt site represents less than 1% of Bitfarms’ total portfolio. Yet CEO Ben Gagnon believes it could outperform the company’s entire Bitcoin mining history once converted to GPU-as-a-Service operations.

The timing coincides with brutal Q3 earnings. Bitfarms reported a $46 million net loss, doubling last year’s $24 million loss. The 8-cent per share loss crushed analyst expectations of just 2 cents.

Revenue jumped 156% year-over-year to $69 million but still fell short of estimates by more than 16%. The company mined 520 BTC at $48,200 each and held 1,827 BTC as of Wednesday.

Why US Miners Are Fleeing Bitcoin

Gagnon laid out the harsh reality for American Bitcoin miners on the earnings call. Rising mining difficulty and costs are pushing operations overseas to cheaper locations.

Public miners now control roughly a third of the Bitcoin network. Most are eyeing moves to higher-margin HPC and AI businesses as profitability shrinks.

Bitcoin mining is expanding rapidly in the Middle East, Africa and Russia. These regions offer lower costs that US operations can’t match.

“The best opportunity for most miners in the United States really is this transition to HPC and AI,” Gagnon said. He noted that Bitcoin mining works anywhere while AI infrastructure demands prime US locations.

The CEO said moving Bitfarms’ mining operations to cheaper markets made little sense. The company sees better returns converting existing infrastructure to AI services.

Following the Money to AI

Bitfarms isn’t alone in chasing AI dollars. Bitcoin miner IREN locked down a massive $9.7 billion deal with Microsoft earlier this month to provide AI computing power.

MARA also announced AI expansion plans last week while posting record revenues. But Bitfarms stands out as the first major player planning a total Bitcoin exit.

The company operates 12 data centers across North America with 341 megawatts of capacity. A $300 million debt facility secured in October will fund the Panther Creek, Pennsylvania site conversion.

The Washington facility will feature Nvidia GB300 chips with state-of-the-art liquid cooling technology. Bitfarms has 341 megawatts of total energy capacity available for conversion.

Shares have tanked 51% over the past month as cryptocurrency markets weakened. Bitcoin dropped nearly 3% in 24 hours to around $99,441 on Thursday.

Bitfarms will complete its wind-down of Bitcoin mining operations throughout 2026 and 2027.

The post Bitfarms (BITF) Stock Plummets as Miner Abandons Bitcoin for AI appeared first on Blockonomi.

TLDR

• Applied Materials stock declined over 4% Friday after projecting lower China chipmaking equipment sales in 2026
• Export restrictions prevented $110 million in Q4 shipments before temporary suspension following Trump-Xi summit
• Company expects $600 million fiscal 2026 revenue impact from expanded U.S. chip equipment export controls
• Q4 earnings of $2.17 per share on $6.8 billion revenue surpassed analyst expectations
• AI investment surge projected to lift semiconductor equipment demand in late 2026

Applied Materials stock tumbled more than 4% in premarket trading Friday after the semiconductor equipment manufacturer issued a cautious outlook for China sales. The drop occurred despite quarterly results that exceeded analyst forecasts.

Applied Materials, Inc., AMAT

The company warned that chipmaking equipment spending in China will weaken next year. U.S. export restrictions targeting advanced semiconductor technology are driving the expected decline.

Export controls blocked approximately $110 million in product shipments during the fiscal fourth quarter. These restrictions were temporarily lifted after Presidents Trump and Xi met face-to-face last month.

Applied Materials projects a $600 million revenue hit in fiscal 2026 from broader U.S. export limitations on cutting-edge chip manufacturing equipment sent to China. The financial impact represents a substantial headwind for the company’s growth plans.

Strong Quarter Overshadowed

The semiconductor equipment maker delivered fourth-quarter results that beat Wall Street estimates. Adjusted earnings reached $2.17 per share on revenue of $6.8 billion.

Analysts had forecast earnings of $2.11 per share and revenue of $6.68 billion. The outperformance demonstrates continued strength in non-China markets.

AI Spending Offers Hope

Applied Materials sees growing artificial intelligence investment as a potential offset to China weakness. The company expects increased AI-related business spending to boost semiconductor equipment sales during the second half of 2026.

Current-quarter guidance also topped expectations. Applied Materials projects adjusted earnings of $2.18 per share on revenue of $6.85 billion at the midpoint.

Wall Street consensus called for earnings of $2.15 per share and revenue of $6.80 billion. The forecast indicates resilient demand from key customers.

Stifel analysts offered perspective on the China situation. They highlighted that Applied Materials was first among semiconductor equipment providers to identify and experience the China slowdown.

The analysts remain optimistic about stabilization. They pointed to the reversal of previous restrictions as a reason quarterly China sales could recover faster than anticipated.

Applied Materials stock has gained approximately 36% year-to-date despite Friday’s premarket weakness. The performance reflects investor confidence in the company’s long-term position.

The semiconductor equipment sector plays a critical role in chip manufacturing. Applied Materials provides specialized tools required for production processes.

China has represented an important market for U.S. chip equipment suppliers. Ongoing geopolitical tensions continue creating business uncertainty.

The $600 million projected revenue impact underscores the scale of China-related challenges. However, robust AI-driven demand may help compensate for some losses.

Applied Materials beat fourth-quarter earnings expectations with $2.17 per share versus estimates of $2.11 per share on revenue of $6.8 billion.

The post Applied Materials (AMAT) Stock: China Export Restrictions Push Shares Lower Despite Earnings Beat appeared first on Blockonomi.

TLDR

• Kyrgyzstan allows banks to offer escrow accounts for cryptocurrency transactions to reduce risks.
• Escrow accounts help secure crypto deals by involving a neutral third party to hold funds.
• The National Bank of Kyrgyzstan amends regulations to include crypto transactions for safer financial practices.
• Kyrgyzstan’s new law strengthens crypto regulation, focusing on mining, licensing, and digital currency issuance.
• Despite sanctions and energy challenges, Kyrgyzstan aims to expand its role in the global crypto economy.

Kyrgyzstan’s National Bank has taken a notable step toward regulating cryptocurrency transactions by allowing commercial banks to offer escrow accounts for crypto dealings. This new regulation is aimed at providing a safer financial environment for users engaging in digital asset transactions. The introduction of escrow accounts is expected to help reduce financial risks and prevent fraud in the growing crypto sector.

What Are Escrow Accounts for Crypto?

Escrow accounts allow a neutral third party to hold funds on behalf of two parties involved in a transaction. This system ensures that the funds are only released when both parties fulfill the agreed-upon terms. In cryptocurrency transactions, this arrangement can offer protection from potential fraud or financial disputes. It is similar to how smart contracts or multi-signature wallets function in the crypto space, ensuring conditions are met before the assets are transferred.

The decision to allow escrow accounts is part of Kyrgyzstan’s ongoing efforts to regulate the growing cryptocurrency market. Recently, the country’s central bank amended its Resolution on Bank Accounts to include provisions for cryptocurrency transactions.

This move comes after the passage of the “On Virtual Assets” bill in September, which further strengthens the legal framework for digital currencies and related activities. The new law outlines regulations for crypto mining and introduces a licensing regime for platforms working with digital assets. It also grants the president of Kyrgyzstan the authority to establish rules regarding the issuance and circulation of digital currencies.

Crypto Adoption Challenges, and Crypto’s Growing Role in Kyrgyzstan’s Economy

While Kyrgyzstan has made strides in embracing digital assets, the country faces challenges along the way. International sanctions have targeted some Kyrgyz entities involved in the crypto market, particularly those linked to Russian projects. These sanctions have created tensions, prompting the Kyrgyz government to call for a less politicized approach to the economy.

Additionally, Kyrgyzstan has placed temporary restrictions on energy-intensive crypto mining, which will remain in effect until the end of March. This decision aims to conserve electricity during the colder winter months when energy consumption peaks.

Despite these challenges, Kyrgyzstan’s commitment to cryptocurrency adoption remains strong. The introduction of escrow accounts for crypto transactions is just one part of the country’s broader strategy to integrate digital currencies into the financial system. With new legislation and growing infrastructure, Kyrgyzstan is positioning itself as a forward-thinking player in the global crypto market.

The post Kyrgyzstan’s Central Bank Approves Escrow Accounts for Cryptocurrency Transactions appeared first on Blockonomi.

TLDR

• SEC guidance allows crypto ETF filings to become effective 20 days after submission without amendments.
• The government shutdown delayed over 900 SEC filings.
• Issuers can request to speed up the effective date of crypto ETF filings by submitting requests under Rule 461.
• The SEC will clear backlog filings, including delayed crypto ETFs, starting from the earliest submissions.
• Crypto ETF filings, like the BlackRock Bitcoin ETF, were postponed during the shutdown and will resume review.

The U.S. Securities and Exchange Commission (SEC) has issued updated guidance for issuers with pending registration statements, including crypto exchange-traded funds (ETFs), after the government shutdown ended. This guidance, issued on November 13, 2025, aims to address the status of over 900 filings that were paused during the shutdown.

End of the Shutdown and Resumption of Filings

The recent government shutdown halted the SEC’s operations, causing delays in the review of various filings, including crypto ETFs. With the reopening of government offices, issuers are now able to proceed with their filings under the SEC’s guidance. Importantly, the SEC has confirmed that issuers do not need to submit a delaying amendment for their filings. As long as the required language is included in the registration statements, the filings will become effective 20 days after submission, in accordance with Section 8(a) of the Securities Act and Rule 459.

During the shutdown, the SEC postponed the review of some ETF filings, such as the BlackRock Bitcoin Premium Income ETF. However, the SEC will continue to process these filings as soon as they are reviewed. The Commission has noted that filings which were under review before the shutdown will now return to their original review timelines.

Accelerating the Effective Date

Issuers seeking to speed up the process can request an acceleration of the effective date of their filings. To do so, they must submit a request to the SEC under Rule 461. If a filing was not under review during the shutdown, issuers can ask for approval to expedite its effectiveness. The SEC will evaluate these requests on a case-by-case basis.

As the SEC works to clear its backlog, the approval of crypto ETFs is expected to proceed in the order they were received. This move brings some clarity to the industry, which has been waiting for regulatory progress during the extended shutdown. Additionally, it provides openness on the approval process for these filings, ensuring that they will move forward without the need for additional amendments from issuers.

The post SEC Issues Guidance on Crypto ETFs Following End of Government Shutdown appeared first on Blockonomi.

Ripple’s cross-border token has experienced substantial volatility over the past several days and is currently in the red on a daily scale. Dogecoin (DOGE) also posted substantial losses despite the accumulation efforts of the whales.

In this article, we will focus on the performance of these cryptocurrencies and examine the latest developments surrounding Shiba Inu (SHIB).

XRP’s Price Swings

Ripple’s token surged to nearly $2.60 on November 11, likely driven by investor excitement surrounding the launch of Canary Capital’s spot XRP ETF in the US. The fund began trading on November 13, but the asset’s price headed south in what could have been explained as a classic “sell-the-news” event.

Another factor potentially hurting the coin’s performance is the broader pullback of the crypto market, where Bitcoin (BTC) tumbled well below $100,000, while Ethereum (ETH) plunged to approximately $3,100. Meanwhile, whales have sold a substantial amount of XRP tokens over the past month, which could also have contributed.

Currently, the asset is worth around $2.28 (per CoinGecko’s data), representing a 9% decline on a 24-hour scale and a significant retreat from the all-time high of $3.65 reached this summer.

Some analysts, though, remain optimistic that a rebound might be on the way. Just a few days ago, X user Levi suggested that XRP has formed a “cup and handle” setup on its chart, which could be a precursor of a major rally to $5 by the end of 2025.

DOGE Whales on the Move

The biggest meme coin is also deep in red territory, with its valuation sinking by 8% for the day to $0.16. It is worth noting that the correction occurs despite the increased whale activity.

Over the past 14 days, the large Dogecoin investors have scooped up 4.72 billion tokens, thus increasing their total holdings to 32.4 billion, or around 21% of the coin’s circulating supply.

Such accumulations may influence smaller players to join the ecosystem and have a positive effect on the price. Additionally, they reduce the amount of DOGE available on the market, which, combined with steady or rising demand, can trigger a pump.

What’s New Around SHIB?

Shiba Inu, which is also far from its glory days, recently teamed up with the blockchain-based mobile edge network Unity Nodes to unlock “real-world utility.” As a result, users will have the opportunity to purchase Nodes with SHIB, earn rewards, and receive specific bonuses when paying with the token.

The SHIB Army reacted to the news with solid excitement, but the meme coin failed to post any significant gains. As of this writing, it trades at roughly $0.000009119, representing a 2% decline on a weekly scale.

Additionally, the low Shibarium activity and the recent shift from self-custody methods to centralized exchanges suggest that Shiba Inu may suffer further losses in the short term.

The post Ripple (XRP) Price Turmoil, Dogecoin (DOGE) Whales Wake up, and More: Bits Recap Nov 14 appeared first on CryptoPotato.

Ethereum (ETH) dropped sharply over the past 24 hours, losing nearly 10% to trade below $3,200. The latest plunge extended a week-long decline that has pressured the broader cryptocurrency market.

Despite the downturn, accumulation continued across multiple wallets.

Stealth Accumulation Wave

Lookonchain reported that BitMine Immersion Technologies, the Ethereum-focused digital asset treasury (DAT) firm led by Wall Street strategist Thomas Lee, remains active in the market. The on-chain analytics platform identified a new wallet, likely linked to the company, receiving 9,176 ETH from the Galaxy Digital OTC wallet. This stash is worth around $29.14 million.

Ethereum longs have also been increasing, particularly among high-profile investors. Taiwanese music celebrity and digital asset investor Jeffrey Huang, known on-chain as “Machi Big Brother,” along with his brother “Machi Small Brother,” are both long ETH and currently in the red.

As prices fell, Machi Big Brother added 7,400.7 ETH (worth $23.55 million) on Hyperliquid with a liquidation price of $3,040.6, while Machi Small Brother deposited 5,000 ETH (valued at $15.9 million) and additional margin to avoid liquidation, with a liquidation price of $2,794.71.

Meanwhile, another whale investor 66kETHBorrow added another 16,937 ETH, which is worth $53.91 million, raising total purchases to 422,175 ETH, around $1.34 billion. These transactions indicate continued institutional and whale accumulation despite Ethereum’s recent sharp decline.

Mixed ETH Holder Behavior Emerges

Crypto analyst Ali Martinez reported that 2.53 million ETH were bought at around $3,150, which essentially means that this level has become a strong support zone as buyers stepped in heavily during the recent price drop. However, not all investor cohorts are reacting the same way to the price drop.

Glassnode’s latest analysis shows that long-term Ethereum holders have sharply increased their spending activity during the recent market pullback. Since late August, as ETH retreated from its peak, wallets holding ETH for 3 to 10 years have accelerated their average daily distribution to more than 45,000 ETH per day based on the 90-day simple moving average. This surge is the highest spending level from seasoned investors since February 2021, which indicates that a segment of long-term holders is taking profits or reallocating as market conditions weaken.

The post ETH Crashes 10%, Smart Money Piles In as Whales and Institutions Double Down appeared first on CryptoPotato.

The cryptocurrency market has undergone a significant correction, erasing a major portion of the year’s earlier gains. Total market capitalization has contracted more than 20% since October, dropping from roughly $4.4 trillion to about $3.32 trillion. Bitcoin’s retreat below $100,000 and Ethereum’s slide into the mid-$3,000 range triggered widespread liquidations as leveraged positions were forced to unwind across major exchanges.

This downturn arrived alongside a risk-off rotation in global equities, amplifying caution across traditional and digital markets. Analysts note similarities to past reset periods where fear temporarily dominated before liquidity gradually returned. A recent note from QCP Capital described this phase as “a temporary pause,” pointing out that sentiment remains fragile yet not fundamentally broken.

Market Resets Often Reveal Stronger Projects

Veterans in the space see these contraction phases as necessary cleanups that filter out short-term speculation. Previous resets followed the same pattern: heavy deleveraging, sharp liquidations, and a swift exit of momentum-driven capital before fundamentals regained center stage. Analysts tracking long-term flows have noted that institutional wallets historically resume accumulation during the early stages of these resets, well before retail confidence returns.

The current backdrop mirrors that behavior. Trading firms and high-net-worth investors are shifting attention away from hype-only tokens and toward ecosystems demonstrating real architecture, transparent mechanics, and verifiable development progress. This shift has amplified interest in projects with clearly defined economic logic rather than the ambiguous models that dominated earlier in the cycle.

XRP Tundra fits this transition point. Its dual-chain system, clear token roles, documented staking roadmap, and public audits align with the traits that tend to outperform during consolidation phases. Participation has remained resilient across the downturn because its value proposition does not rely on short-term market momentum; instead, it leans on predictable processes that make sense to long-horizon participants.

XRP Tundra Maintains Steady Growth Through the Pullback

The project’s Phase 11 presale continues at $0.183 per TUNDRA-S with a 9% token bonus, paired with TUNDRA-X at a reference value of $0.0915. These are the only active metrics for the current stage, and buyers are treating them as structured entry points rather than speculative gambles.

Despite the broader correction, XRP Tundra has generated more than $2.5 million in presale contributions and distributed over $32,000 in bonus rewards through the Arctic Spinner system. The reward wheel remains an active driver of engagement, with new buyers returning daily for the free spin, increasing the ecosystem’s user depth even when market volumes fall elsewhere.

Additional visibility came through Crypto Volt’s YouTube channel, where the analyst noted that audited ecosystems with transparent presale mechanics tend to preserve inflows even during market-wide sell-offs.

Utility and Verification Position the Ecosystem for Recovery

The dual-token structure sits at the center of XRP Tundra’s long-term resilience. TUNDRA-S manages utility, yield generation and future staking rewards, while TUNDRA-X represents governance, reserves, and system oversight. Separating the economic roles prevents both tokens from competing for the same liquidity and eliminates the dilution loops that often destabilize single-token models in early-stage projects.

This architecture also shapes how value flows once staking activates. The Cryo Vault framework — Liquid, Balanced and Premium tiers — assigns distinct lock periods and reward structures, allowing participants to choose between flexibility and higher APY. TUNDRA-S becomes the engine of the system, while TUNDRA-X provides the reserve weight behind its stability. Early buyers gain guaranteed access to all vaults once they go live, giving presale participants a structural advantage over post-launch entrants.

This approach aligns with the project’s liquidity infrastructure as well. The use of DAMM V2 on the Solana side allows TUNDRA-S to interact with pools that apply dynamic fees and anti-dump mechanisms during the opening liquidity phase. Once vaults activate, fee revenue generated by early trading cycles can be routed into the reward structure, strengthening the correlation between ecosystem usage and staking output.

External Audits and KYC Strengthen Market Confidence

Credibility has become a defining filter during bearish markets, and XRP Tundra places verification at the center of its development. The project has completed three independent audits — each publicly accessible for review through Cyberscope, Solidproof, and FreshCoins.

The development team is also fully verified through Vital Block’s KYC certification, adding a layer of accountability rarely found in early-stage presale ecosystems.

These validations provide traceable proof of smart-contract integrity and team transparency. As speculative inflows weaken across the sector, projects built on verifiable structure are retaining participation, and XRP Tundra remains one of the clearest examples of stability supported by documented oversight.

For those researching whether XRP Tundra is legit, they can check the following article.

A Reset Can Build the Foundation for Momentum

Fear-driven corrections have repeatedly acted as the starting point for new capital rotations. XRP Tundra’s sustained engagement, dual-chain model, and transparent economics indicate that accumulation is still taking place beneath the surface of the broader downturn. Early presale wallets continue to hold and add to their positions, showing that buyers view the current phase as an opportunity rather than a setback.

As the market stabilizes, ecosystems grounded in documented structure often emerge stronger than before, and XRP Tundra is already displaying the kind of steady participation that typically precedes renewed momentum.

Interested investors can secure their allocation early and follow ongoing updates as conditions evolve.

Check Tundra Now: XRP Tundra website

Security and Trust: KYC verification

Join the Community: X (Twitter)

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The post Learn Why Recent Crypto Market Downturn Could Be The Calm Before The Storm For XRP Tundra appeared first on CryptoPotato.

In line with the rest of the cryptocurrency market, Ripple’s native token turned dark red today with a notable 9% drop that pushed it south to under $2.30 as of press time.

Trading volumes have picked up to more than $7 billion on crypto exchanges, but the interest in the token seems to be growing due to the launch of the first US-based spot XRP ETF that has a 100% exposure to the asset.

CryptoPotato reported yesterday that the last hurdle for Canary Capital’s XRPC fund had been resolved after the US SEC failed to object to its launch and the Nasdaq published the official listing notice. Hours later, the financial vehicle went live and broke SOL’s record for trading volumes on the launch day.

Although this sounds like a bullish development, there was a warning hidden in the first report. In the few days leading up to the ETF release, on-chain data showed that the 7-day moving average of XRP’s Exchange Network into Binance had turned positive, which typically suggests that large holders (known as whales) are moving significant quantities of the asset onto trading platforms, with the likely intention to sell.

This aligned with previous warning signs coming from such market participants. In fact, whales had sold off roughly 1.4 billion tokens in the span of just a month or so, which not only increases the immediate selling pressure but could serve as an example for retail investors to abandon ship.

Consequently, even though the most probable reason for XRP’s plunge today is the overall market correction that drove the entire capitalization south by $200 billion in 24 hours, there could be a bigger story.

The investor exodus from above and previous AI claims that the ETF launch will inevitably become a classic ‘sell-the-news’ event are also among the main culprits behind XRP’s nosedive from $2.52 to $2.28.

The good news for the short term is that the token dumped to a buy wall located at around $2.20, which previously held during a correction. It currently serves as the first substantial support area before a drop to $2.00.

$XRP has reach a buy all again. pic.twitter.com/KT54RT8BgE

— CW (@CW8900) November 14, 2025

The post Why Is Ripple’s (XRP) Price Down Today (November 14)? appeared first on CryptoPotato.

The Canary XRP ETF (XRPC) logged a standout first trading session on November 13, posting more than $58.5 million in volume and about $245 million in net inflows.

The debut pushed XRPC ahead of Bitwise’s Solana fund (BSOL), which previously held this year’s top spot for ETF launches.

XRPC Lands as Year’s Biggest ETF Launch

XRPC surged out of the gate at market open after Nasdaq certified the listing the evening before, with analyst Eric Balchunas noting that the fund traded $26 million within its first 30 minutes, surpassing his $17 million projection, and ultimately edging out BSOL’s earlier $57 million opening-day figure.

Community reaction was lively. Journalist Eleanor Terrett said she wasn’t shocked the fund topped the charts, joking that “with the XRP Army behind it, is anyone really surprised?” Meanwhile, ETF expert Nate Geraci highlighted that nearly every crypto ETF launch in the past two years has beaten Wall Street’s initial expectations, pointing to a pattern of deep-pocketed demand that the traditional finance “old guard” continues to underestimate.

Part of the disconnect between trading volume and inflows came down to in-kind creations, Geraci explained. These large institutional allocations do not appear in trading data, helping clarify how XRPC could post nearly a quarter-billion dollars in inflows despite sub-$60 million in visible volume.

The product’s launch follows a broader wave of crypto ETFs that went live through automatic SEC registration rules. The same methods helped launch BSOL and other spot products for Litecoin and HBAR in late October, with XRPC using a similar setup that provides access through a 1933 Act vehicle and depends on Form 8-A certification instead of needing approval from the regulator.

XRP Market Picture and What Comes Next

XRP itself has been trading around $2.28, sliding roughly 9% over the last 24 hours. Despite the pullback, the token is still nearly 3% higher this week and more than 220% year over year.

However, in the last 30 days, it has softened, drifting about 9% lower as part of a broader cooldown across major altcoins. The current range between $2.27 and $2.52 places it well below its July all-time high near $3.65, though far above its early-cycle lows.

Analysts have been watching whether ETF demand could help XRP regain momentum after several weeks of uneven trading. Earlier coverage pointed to potential friction between new institutional buying and profit-taking from long-standing holders, a dynamic that may continue to shape price action through the coming sessions.

With fresh bipartisan efforts in Congress to give XRP formal commodity status under the CFTC, first floated on November 10, the regulatory backdrop may also play a role in how the asset performs against rising ETF interest.

The post Canary’s XRP ETF (XRPC) Launch Successful: Here’s What Happened on Day 1 appeared first on CryptoPotato.