Saylor's aggressive Bitcoin acquisition strategy highlights growing institutional confidence in digital assets despite market volatility.

The post Saylor says Strategy is buying “quite a lot” of Bitcoin appeared first on Crypto Briefing.

Saylor's firm stance against selling Bitcoin reinforces market confidence and highlights the ongoing debate over Bitcoin's role as a value store.

The post Michael Saylor dismisses rumor of Strategy selling Bitcoin appeared first on Crypto Briefing.

The tech sector's massive selloff highlights investor concerns over interest rates and inflation, potentially impacting future tech investments.

The post Big tech stocks suffer $1.5 trillion loss in 48 hours appeared first on Crypto Briefing.

Bitcoin's decline highlights vulnerabilities in market stability, as liquidity stress and profit-taking by long-term holders exacerbate volatility.

The post CryptoQuant: Bitcoin decline linked to US liquidity stress and LTH profit taking appeared first on Crypto Briefing.

BlackRock's crypto deposits may signal increased institutional interest, potentially stabilizing market volatility amid ETF outflows.

The post BlackRock deposits $222M in Bitcoin and $137M in Ether into Coinbase Prime appeared first on Crypto Briefing.

Bitcoin Magazine

Bitcoin Price Crashes to $94,000 and New Six-Month Lows

Bitcoin price fell sharply today, sliding from an intraday high of $104,000 to $94,480, wiping out earlier gains and marking a decisive breakdown in price action.

Twelve hours ago, the Bitcoin price hit above $100,000 and then consistently bled down from the upper $101,000s to lows of $94,480.

Ethereum dropped below $3,100 at times and crypto stocks like Coinbase ($COIN) and Strategy ($MSTR) are trading in the red in pre-market trading. 

Also, the Bitcoin Fear and Greed Index has plunged to a new “Extreme Fear” low, signaling deep market anxiety even as long-term holders stay the course.

The price dropped to these levels after weeks of weakening demand, heavy long-term holder sell-offs, and persistent outflows from spot Bitcoin ETFs. More than 815,000 BTC — nearly $79 billion — were sold by long-term holders in 30 days, while ETFs saw hundreds of millions in daily outflows, draining liquidity at the worst moment. 

Futures funding have turned negative, roughly $550 million in positions have been liquidated as of November 13, and options traders rushed to buy protective puts ahead of a $4 billion expiry, reinforcing bearish momentum.

Macro pressure is adding fuel: tech stocks are sliding, key U.S. economic data is delayed, and uncertainty around the Federal Reserve’s rate path is elevating risk aversion. 

Bitcoin has broken major technical supports, including its 200-day moving average and key Fibonacci levels, with analysts warning that a decisive drop below $97,000 could open the path toward $92,000–$74,000.

According to Bitcoin Magazine Pro data, the last time Bitcoin price was near these levels (sub $94,000) was in early May.

Bitcoin price: Who is selling Bitcoin?

One possible reason why the bitcoin price is dropping is long-term holders 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. 

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 rebound 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 yesterday. 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 the bitcoin price is near the bottom now.

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.

Large bitcoin price swings aren’t driven by small retail investors—they’re driven by whales, institutions, and leveraged market structures. Whale wallets holding thousands of BTC can move more volume than entire exchanges, and even a single transfer can shift sentiment in low-liquidity conditions.

Meanwhile, ETF flows, hedge funds, and corporate treasuries now dominate daily market direction, with billions in inflows or outflows dictating whether Bitcoin rallies or plunges.

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.

Under the bill Trump signed Wednesday night, funding for most federal agencies will run out at midnight on Jan. 30.

While federal operations are resuming, recovery will be slow. At the time of writing, Bitcoin’s price is $94,470.

This post Bitcoin Price Crashes to $94,000 and New Six-Month Lows first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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.

Earlier in the year, Europe’s Central Bank (ECB) President Christine Lagarde insisted that Bitcoin would not be included in the reserve portfolios of central banks under the ECB’s umbrella; the statement was intended to draw a firm boundary around sovereign engagement with digital assets.

For more than two decades, reserve cohesion has served as a marker of European stability, with eurozone institutions typically presenting a united front on monetary doctrine questions.

Yet within the same year, the Czech National Bank introduced an unexpected complication, not through debate or public dissent, but through a modest transaction that quietly expanded the technical perimeter of European reserve management.

On Nov. 13, the CNB confirmed that it had acquired roughly $1 million in Bitcoin, USD-backed stablecoins, and a tokenized deposit, placing the assets in a dedicated “test portfolio” designed to evaluate custody, valuation, compliance, and settlement procedures.

The bank’s leadership emphasized that the purchase would not be incorporated into official reserves and was not intended to signal any policy shift.

However, the act of conducting the experiment and doing so with live assets rather than laboratory models marks the first time an EU-member central bank has created and disclosed an operational framework capable of supporting Bitcoin at a sovereign scale.

That alone is enough to alter how markets interpret Bitcoin’s long-term role in the global financial system.

A test portfolio that expands the boundaries of what Bitcoin represents

The importance of the Czech pilot lies less in its size than in the infrastructure it puts into motion. Central banks regularly conduct internal analysis on new asset classes, but they rarely build a complete operational workflow unless they believe that such capabilities may eventually be required.

In this case, the CNB is examining the full suite of procedures necessary for managing digital instruments under reserve-grade scrutiny: secure key management, multi-layer approval chains, AML verification standards, crisis-response simulations, mark-to-market reconciliation, and integration with established reporting frameworks.

These processes are difficult to design and expensive to maintain, which is precisely why institutions do not establish them unless they anticipate that the underlying asset may become relevant in scenarios where preparation matters more than public signaling.

Once a central bank possesses the architecture to store and manage Bitcoin, the distinction between “test asset” and “reserve asset” becomes a matter of policy choice rather than operational feasibility.

For markets, this changes Bitcoin’s position in the sovereign selectorate. The asset shifts from being a conceptual outlier to a technically viable option whose adoption probability, however small today, is no longer zero.

Pricing models for long-duration assets respond to possibility as much as reality, and Bitcoin is particularly sensitive to changes in perceived legitimacy because a significant portion of its valuation has always reflected expectations about its future monetary relevance rather than current institutional participation.

How Prague’s move reshapes the market narrative around Bitcoin

The Czech experiment arrives at a moment when Bitcoin’s macro profile is already evolving, driven by ETF inflows, expanding liquidity, and a growing body of historical data about its correlation behavior under different rate environments.

What the CNB adds to that landscape is an entirely different form of signal: a sovereign institution treating Bitcoin as an instrument demanding operational mastery, even without committing to eventual adoption.

This reframing matters because central banks influence markets not only through their purchases but through the categories they create.

Therefore, when Bitcoin enters the realm of assets that a central bank must understand, it establishes a structural foothold in the global financial architecture.

For traders, the significance lies not in the Czech Republic suddenly accumulating a meaningful position, but in Bitcoin having crossed into the class of instruments that sovereign institutions are preparing to interact with if conditions change.

That preparation introduces what some macro analysts describe as a “sovereign option premium”: a valuation component reflecting the non-zero probability that future reserve diversification, stress-hedging, or geopolitical responses could involve digital assets.

Even if no central bank adopts Bitcoin in the near term, the act of operational testing reduces the asset’s existential risk profile and the fear that governments would remain universally hostile or permanently structurally excluded from interacting with it. In asset-pricing models, lower existential risk translates into higher long-term fair value.

This mechanism explains why a small, symbolic purchase can reshape Bitcoin’s strategic narrative without directly affecting its liquidity. Sovereign institutions rarely begin with large allocations; instead, they start with the infrastructure that enables them to act without improvisation.

Thus, the Czech step signals that Bitcoin has entered this preparatory phase, and markets tend to anticipate the implications of such transitions long before they occur.

Longer-term impact on BTC

The Czech Republic occupies a unique institutional position. It is bound by EU regulation, including MiCA, but operates outside the eurozone and thus retains full autonomy over its reserve composition.

Historically, non-Euro EU members have informally aligned with ECB reserve norms in the interest of maintaining credibility and cohesion; however, the absence of formal enforcement mechanisms has meant that such alignment has always been voluntary.

The CNB’s experiment does not constitute a break with the ECB. Yet, it demonstrates the limits of centralized guidance in an era when inflation cycles, debt dynamics, and technological change encourage reserve managers to pursue a broader palette of options.

For Bitcoin, this creates an important precedent. Europe is the world’s second-largest reserve bloc, and even minor shifts in its analytical posture can influence global perceptions of what constitutes a legitimate sovereign asset.

Suppose other non-Euro EU central banks or mid-sized institutions outside Europe, facing similar diversification pressures, replicate the Czech approach. In that case, Bitcoin’s sovereign thesis will mature more quickly than policy statements alone would suggest.

Central banks do not need to adopt Bitcoin for the asset to benefit from the operational normalization underway. They need only acknowledge that the capacity to manage it is part of their institutional toolkit.

The CNB has not signaled any intention to add Bitcoin to official reserves, and its leadership remains aligned with Europe’s cautious stance on digital assets. Even so, the act of building the infrastructure subtly changes the baseline from which future decisions will be made.

In that sense, the impact on Bitcoin is less about immediate demand and more about the narrative foundation it gains from being treated as a reserve-relevant instrument. Markets understand this dynamic well: institutional readiness is often the earliest indicator of eventual adoption, even if actual positions come years later.

Bitcoin’s long-term valuation models now incorporate the reality that at least one European central bank has decided the asset deserves operational competence rather than rhetorical dismissal.

The post EU shock Bitcoin move: A European central bank quietly bought BTC despite ECB’s hard “No” appeared first on CryptoSlate.

For months, crypto traders have timed leverage, funding, and liquidity around the monthly U.S. inflation print.

This week, those who had hoped the recent vote to reopen the government would bring new macro data were disappointed to find nothing on the tape. The Bureau of Labor Statistics said in October that

“No other releases will be rescheduled or produced until the resumption of regular government services.”

The last completed CPI report, covering September, was released late on October 24, following the shutdown’s interruption of normal operations.

The all-items index level came in at 324.80, with headline and core inflation both at 3.0% year-over-year. Trading Economics currently lists December 10 as the next scheduled date on the CPI calendar.

Why the Missing October Print Matters for Markets

There is now a gap for October that may never be filled. Because the shutdown covered the full data-collection period, field staff were unable to gather the price sample that underpins CPI. That may be collated and included in the December update, but the indication is that there will now be a gap.

White House Press Secretary blamed the gap on the Democrats, asserting,

“The Democrats may have permanently damaged the Federal Statistical System with October CPI and jobs reports likely never being released.”

Without that survey, the BLS could not post an update on Nov. 13, the standard date when markets would have received the October reading. Officials have signaled that October may not be reconstructable even after operations return to normal, as there is no primary data to benchmark against.

For crypto markets, the absence of a number mattered more than any hypothetical value. Bitcoin and Ethereum entered the week positioned for a volatility event that never materialized. Though volatility came regardless.

Spot Bitcoin fell around 6% over the session, along with a sea of red across the entire crypto market. Liquidity remains thin, and derivatives open interest edged lower, a behavior that aligns with a market waiting for macroeconomic information that did not materialize.

The missing CPI broke the usual chain that connects inflation data to crypto price action.

Normally, a softer print feeds expectations for a less restrictive Federal Reserve path. Treasury yields edge down, the dollar weakens, and risk assets, including Bitcoin, catch a bid.

A hotter print does the opposite, firming expectations for tighter policy and pressuring long-duration assets.

With no data, rates desks had no fresh input for real yields or breakeven inflation. The Fed outlook shifts to a trade on speeches, market-based inflation swaps, and secondary indicators.

That macro vacuum pushed crypto further into its role as a proxy for expectations about future policy rather than a simple high-beta extension of equities.

Without CPI, desks leaned more on liquidity, ETF flows, and options positioning. Funding rates on major futures pairs compressed as new directional leverage stayed on the sidelines.

All of this redirects attention to Dec. 10, the next date on the CPI calendar. Trading Economics lists that day as the “next release,” although the value field is empty, emphasizing that it is a placeholder rather than a confirmed dataset.

The Market Impact of October’s Unfillable CPI Gap

Markets now have to price three broad paths for what that date could bring.

One path is for the BLS to manage the reconstruction of some form of October CPI using partial samples, imputation, or model-based estimates.

If that happens, traders may treat the number as lower quality than a normal print, since the underlying survey would not follow the standard methodology. Reaction in crypto could be modest.

If the headline monthly change lands at 0.2% or below, consistent with a controlled disinflation trend, the usual pattern would be dollar softness, a pullback in yields, and a Bitcoin bounce.

Ethereum is likely to outperform over the next one to two days as traders re-engage with higher-beta risk. Smaller altcoins tend to follow, often moving in the 5–12% range once liquidity shifts down the risk curve.

If the reconstructed number or a clean November print falls in a “sticky” zone around 0.3–0.4% month-on-month, the message for policy becomes less clear.

Yields may move in a narrow range, and crypto could end the day close to where it started. Bitcoin may trade flat, with altcoins underperforming as traders cut marginal risk.

Funding rates in perpetual futures could slide into slightly negative territory as short-term hedging flows dominate.

A third path is that inflation data comes in hot at 0.5% or above. That outcome would strengthen expectations that the Fed needs to keep policy tight for longer, pulling the dollar higher and pushing Treasury yields up across the curve.

In previous episodes, such combinations have been associated with a 3–6% intraday drop in Bitcoin, sharper moves in Ethereum, and a broad deleveraging in altcoins.

Liquidation volumes in such washouts often run two to four times above recent norms as overleveraged positions are forced out.

How the CPI Void Reshapes Short-Term Macro Trading

The more unusual scenario is that Dec. 10 arrives with no October CPI at all because the BLS decides the missing survey cannot be credibly reconstructed or additional delays occur in the pipeline.

In that world, the next clean reading would reflect November conditions, and the gap between hard inflation data points would stretch to almost two months.

Treasuries would need to lean more heavily on breakeven markets and inflation swaps to anchor expectations. The term’ premium across the curve’ could embed a fatter risk buffer for the uncertainty surrounding true price dynamics.

Trading Economics currently forecasts continued inflation pressure into next year, with CPI rising month-on-month.

For digital assets, a world with unreliable or irregular inflation data introduces a new kind of macro regime.

Crypto becomes more of a “macro-smoothed” asset class, trading on slower-moving forces such as ETF flows, structural demand from long-only allocators, corporate balance sheet decisions, and the plumbing of dollar liquidity.

Short-term volatility driven by scheduled data would fall, replaced by longer episodes of uncertainty punctuated by policy communication and idiosyncratic crypto events.

That regime would likely reinforce Bitcoin’s status as the sector’s benchmark. When macroeconomic uncertainty is high but data are sparse, traders have a lower appetite for tokens farther out on the risk spectrum.

Capital tends to consolidate into assets with deeper liquidity, clearer narratives, and more developed derivatives markets. Altcoins that rely on high leverage or speculative momentum for price support may find these conditions scarce until regular macroeconomic releases resume.

The CPI gap also elevates the importance of alternative data sources and nowcasting models that attempt to infer inflation from high-frequency inputs such as card spending, freight rates, or online prices.

Traditional macro desks already track those indicators, but without a monthly BLS checkpoint, they carry more weight.

Crypto traders may have to incorporate such tools more systematically if the formal inflation pipeline remains unstable.

For now, the CPI story is not about an upside or downside surprise but about an empty line in the macro calendar.

The last confirmed reading shows a 324.80 index level for September with 3.0% inflation on both headline and core measures.

The next entry is a blank field on Dec. 10 that may or may not contain October’s missing data. Crypto markets are trading around this absence, waiting to see whether the world’s most-watched inflation gauge reappears or whether the macro vacuum persists.

The post US inflation data goes dark: Shutdown wipes out October CPI, leaving Bitcoin hanging appeared first on CryptoSlate.

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 is facing one of its sharpest drops in weeks after breaking below the critical $95,000 support level, triggering widespread panic across the crypto market. Major altcoins are tumbling even harder as liquidity evaporates and traders rush to derisk. However, a major macro catalyst is now on the horizon: the U.S. Treasury is preparing a liquidity injection expected within 2–3 days, with JP Morgan projecting nearly $300 billion in system-wide inflows by mid-December.

The combination of market fear and potential liquidity relief sets the stage for a pivotal moment in crypto.

Bitcoin Breaks Down Hard

Bitcoin’s decline has been fast and aggressive, slicing through support zones that previously held for weeks:

$100K → Lost

$98K → Lost

$96K → Lost

$95K → Broken decisively

BTC briefly touched the mid-$94K range, with increasing sell volume and weak spot bid support. Depth data suggests that the next meaningful demand zone sits around $92K–$90K, followed by stronger structural support near $88K and $85K.

The rapid breakdown shows clear signs of capitulation, especially as traders exit leveraged positions and liquidity thins across major exchanges.

Altcoins Drop Sharply as Fear Spreads

The broader market reacted violently to Bitcoin's fall:

• Ethereum down more than 10%
• Solana down 11%
• XRP down over 8%
• DOGE, ADA, LINK all down 8–12%

This type of synchronized sell-off indicates a full risk-off environment where liquidity leaves the entire market, not just Bitcoin. Technical indicators across leading altcoins show strong bearish momentum, with multiple majors nearing multi-week lows.

Sentiment Hits Extreme Fear

Market sentiment flipped instantly into extreme fear following the breakdown. Visuals circulating online emphasize the “HODL through the chaos” mindset, reflecting the emotional shock many traders are experiencing.

Historically, such sudden sentiment collapses often occur near short-term bottoms — but only if external liquidity improves.

And that’s where today’s macro news becomes critical.

Liquidity Lifeline: U.S. Treasury Steps In

New financial data indicates that the U.S. Treasury is preparing a short-term liquidity injection expected to begin within the next 48–72 hours. This includes:

• TGA drawdowns
• Funding releases to the banking system
• Increased liquidity operations typically aimed at stabilizing markets

Risk assets — including crypto — often respond sharply to such inflows.

JP Morgan Projects $300 Billion in Liquidity by Mid-December

According to new projections, system-wide liquidity could rise by up to $300B by the middle of December. Historically, periods of rising liquidity align with:

• Stronger Bitcoin recoveries
• Reduced downside volatility
• Renewed inflows into altcoins
• A shift from fear to speculative momentum

With the crypto market already at peak fear, this liquidity boost could become a turning point.

What Comes Next? Key Scenarios

1. Bullish Scenario: Liquidity Saves the Market
   If the liquidity injection arrives quickly, Bitcoin could stabilize above $95K and potentially reclaim $97K–$100K, triggering fast rebounds in oversold altcoins.
2. Neutral Scenario: Volatility Before Recovery
   BTC may retest $92K–$90K before any relief rally begins. This would align with typical liquidity crunch behavior before a macro reversal.
3. Bearish Scenario: Deeper Capitulation
   If sentiment worsens and buy-side liquidity doesn’t increase, Bitcoin could slide toward $88K or even $85K, dragging alts down sharply.

Conclusion

Bitcoin’s drop below $95,000 has sent shockwaves through the entire crypto ecosystem. Markets are clearly in a high-fear, low-liquidity environment, with support levels failing rapidly. However, the upcoming U.S. Treasury liquidity injection — along with JP Morgan’s $300B projection — may provide the fuel needed for a stabilization or even a significant rebound.

The next 72 hours will be crucial. Liquidity will determine whether this crash becomes a long-term correction or the setup for a major recovery.

Strategy’s Market Cap Falls Below Its Bitcoin Holdings

$Strategy stock price has been in freefall for nearly a year. After peaking at $543 on November 21, 2024, the share price has collapsed to around $220, representing a staggering 60% decline.

$Bitcoin, in contrast, has held up relatively well — but Strategy has massively underperformed $BTC.

Strategy vs Bitcoin performance - TradingView

A Break in the Correlation

For years, Strategy traded almost in lockstep with Bitcoin. But in recent months, that correlation has cracked:

• Strategy shares dropped sharply
• Bitcoin stayed relatively stable
• Strategy’s performance fell dramatically behind BTC

This divergence has now created an unprecedented situation:

👉 Strategy’s market capitalization is now lower than the value of the Bitcoin it holds.

Current numbers:

• Market Cap: ~$63.5 billion
• Bitcoin Holdings: 641,692 BTC
• BTC Value: ~$65.5 billion

👉 Meaning: The market values the entire company at less than its Bitcoin balance.

Why mNAV Still Sits Above 1.0 — And Why It Matters

The most important metric for Bitcoin treasury companies is the multiple Net Asset Value (mNAV).

mNAV = Enterprise Value ÷ Bitcoin Holdings Value

To calculate Enterprise Value, liabilities must be included:

• Market Cap: ~$63.5B
• Convertible Notes: ~$8.25B
• Preferred Shares: ~$6.75B

Enterprise Value: ~$78.5B
mNAV: ~1.2×

So, despite the falling share price, Strategy still trades slightly above its Bitcoin-adjusted valuation once debts are included.

Why Strategy Is Struggling: Slowing BTC Purchases and Heavy Obligations

1. Slower Bitcoin Accumulation

Strategy has drastically reduced its BTC purchases:

• Past 12 months: >400,000 BTC acquired
• Since August 11: Only 12,746 BTC purchased

This slowdown signals increasing difficulty raising capital.

Bitcoin accumulation by Strategy

2. Dependence on Preferred Shares

To keep accumulating Bitcoin, Strategy turned heavily to preferred shares, which require dividend payments.

So far in 2025:

• Capital raised via preferred shares: ~$6B
• New Europe-focused STRE issuance: ~$700M
• Annual dividend obligations: >$700M

To pay these dividends, Strategy must often issue new common shares, which causes shareholder dilution — especially problematic when share prices are low.

Why the mNAV Problem Can Get Worse

A persistently low valuation creates a dangerous loop:

🔹 Lower share price = more dilution: Strategy must issue more shares to raise the same amount of capital.

🔹 Higher obligations = higher dilution pressure: Dividends and interest obligations continue rising.

🔹 Rising leverage = higher risk: If Strategy cannot issue shares efficiently, buying more BTC requires higher leverage — increasing risk.

🔹 Convertible debt deadlines approaching: More than $8B in convertible notes start coming due in 2028.

If the stock price is too low to convert debt into shares, Strategy may be forced to raise cash, refinance, or, in the worst case, liquidate assets.

Could Strategy Be Forced to Sell Bitcoin?

Not necessarily.

Strategy survived the 2022 bear market, during which:

• mNAV fell below 1.0
• The balance sheet was far more fragile
• Yet the company avoided selling BTC

mNAV later rebounded to 4.0×, restoring financial flexibility.

So while the situation is dangerous, it is not existential yet.
But the longer the valuation remains depressed, the greater the structural pressure becomes.

Strategy stock price - TradingView

Outlook: Can Shareholders Lose Even More?

Short-term risks

• Continued share dilution
• Declining ability to finance BTC purchases
• Mounting dividend obligations
• Debt maturities getting closer
• Underperformance vs. Bitcoin intensifying

Medium-term risks

• Leverage may need to increase
• Convertible debt may not convert
• Market may price in higher default risk

Long-term perspective

Strategy’s model only works when the stock trades at a healthy premium to its Bitcoin holdings. If the valuation stays compressed, the company’s ability to sustain its BTC-buying strategy weakens significantly.

Shareholders are not guaranteed to lose everything — but the structural risks are rising, and the path forward is narrower than at any point since 2020.

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

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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.

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Join Solar PLUS Forum 2025

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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.

Operating “in the shadows,” the man sent Bitcoin to a federal informant he believed was an ISIS operative.

Think Bitcoin is having a bad day? Altcoins have been hit much harder, and crypto liquidations are piling up.

It's a bloody morning for the crypto board and has got people asking—has the bear market officially begun?

Experts debate whether Bitcoin’s 20% drop from its peak and recent dip below $95,000 signal the start of a bear market.

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

Can bulls keep the price of Cardano (ADA) above $0.50?

Bitcoin stopped being the people's asset and lost the spirit that built it, argued legendary trader Peter Brandt as the prime cryptocurrency lost the $100,000 price tag, and there is no "plunge protection" yet.

Saylor has taken to the X social media network to deny rumors of selling BTC

Can the rate of Binance Coin (BNB) remain above $900 until the end of the week?

Shiba Inu (SHIB) weekly chart is preparing to flash a first-ever signal as investors eye a potential trend reversal on the markets.

Next 100x crypto to buy remains a top search term for Q4 2025 as the crypto market grows more active. Community members want projects that deliver utility, long term value, and real world purpose. LivLive ($LIVE) stands out because it connects daily actions with token rewards, forming a model built for steady growth. The project continues gaining attention as adoption rises.

LivLive ($LIVE) enters the spotlight while Celestia and Litecoin show fresh movement in their market data. Celestia price news and Litecoin price news reveal strong shifts across key metrics, giving a clear picture of how the broader market reacts this week. These updates create the right moment to understand why $LIVE is gaining traction as the next 100x crypto to buy and why early buyers are watching it closely.

LivLive ($LIVE) A Complete Breakdown Of The Project That Connects Real Life With Digital Rewards

LivLive ($LIVE) introduces a real world operating system where daily activity creates digital value. Walking, checking in, rating a store, attending events, or exploring zones generates $LIVE tokens and XP. The platform blends AR, blockchain, personalization tools, and wearables to reward proof of action. This gives early buyers an advantage because every physical interaction builds long term participation.

LivLive ($LIVE) grows attention due to features built for ease of use, instant engagement, and continuous earning. The project offers benefits that support both early adopters and future participants. Below is a clear breakdown of how the system gives real value.

Key LivLive Strengths That Build Real Utility

• AR quests turn normal days into active earning sessions
  • AI adjusts missions for each user based on behavior
  • Wearables confirm presence and unlock mining rewards
  • Real world rewards include perks, brand gifts, and event passes
  • Leaderboards track progress and improve status levels
  • Social tools like LivRates add value to interactions
  • Mining tiers distribute tokens based on activity
  • Referral rewards boost both sides instantly

Presale Performance And Strong Early Metrics

These numbers grow because LivLive offers a useful model that works both online and offline. Stage prices rise as more participants join, which increases the value of early positions. The structure encourages early participation since each step creates stronger long term upside.

Next 100x Crypto To Buy: Double Up, Triple Down, And Secure The Wildest 200% Bonus While It Lasts

This is not a regular offer. LivLive created a limited time offer that many regret missing once it closes. The bonus pack is loaded to the point where even small entries turn into strong allocations. Community members are stepping in now because the numbers deliver instant value and access grows fast.

Those aiming for the strongest multiplier can claim it here. No soft rewards. No slow progress. Only fast boosts that expand your stack before the next price step hits. Moving early secures a larger slice. Waiting gives the advantage to someone else.

• Up to $2,000? Use code EARLY100 for +100 percent bonus
• $2,000 or more? Use code BOOST200 for +200 percent bonus

Early buyers secure double or triple strength while the offer remains open. Those who wait enter later at normal allocation levels.

Litecoin (LTC) Price News: Market Cap Nears $7.74B As Volume Jumps 25.78%

Litecoin trades at $101.26 with a massive +2255.09% all time gain, showing long term strength. Market cap stands at $7.74B, and the 24 hour trading volume hit $1.088B, rising 25.78%. Circulating supply is 76.51M LTC out of a max supply of 84M, supported by 104.01K holders.

Recent chart activity shows LTC moving between $101.44 high and $101.25 low in the latest hourly candle. The chart reveals a strong pump on the 8th followed by steady movement, with price now stabilizing above the $100 mark.

Celestia (TIA) Price News: TIA Holds $0.92 Range As Volume Climbs 5.58%

Celestia trades at $0.9298 after a 55.73% all time drop, with a $779.15M market cap and an unlocked market cap of $755.47M. The 24 hour volume reached $86.57M, rising 5.58%. Circulating supply is 837.97M TIA out of a total supply of 1.15B, signaling strong token availability.

Recent movement shows TIA trading between $0.9318 high and $0.9297 low in the last hourly session. The chart highlights a sharp rise on the 8th followed by sideways action, with a volume to cap ratio of 11.04%, reflecting active participation during price pullbacks.

Conclusion: Is LivLive The Next 100x Crypto To Buy?

Celestia, Litecoin, and LivLive ($LIVE) all play important roles in the current market cycle, yet LivLive rises as the next 100x crypto to buy due to its real world engine, strong early metrics, and mission focused design. These elements help it stand out as attention grows in Q4 2025.

Those preparing for the next cycle can enter the LivLive presale using EARLY100 or BOOST200 for added bonuses. The referral system gives both sides rewards and XP. Community members who move early secure stronger positions while this limited time offer remains open.

Find Out More Information Here

Website: www.livlive.com

X: https://x.com/livliveapp 

Telegram Chat: https://t.me/livliveapp 

The post Next 100x Crypto To Buy Prediction: LivLive Bonus Packs Rise While Litecoin And Celestia Release New Price Data appeared first on Blockonomi.

The sudden rise in Aster (ASTER) price and the ongoing buzz around XRP’s potential rally once again highlight crypto’s unpredictable nature. For anyone searching for the best crypto to buy or the next breakout coin, one must ask: are you chasing short-term momentum, or building a position in real, verifiable infrastructure?

That’s where Zero Knowledge Proof (ZKP) draws a clear line. Instead of following hype-driven models, the project has spent over $100 million creating and deploying its private AI compute network before any public sale. Purchasing a Proof Pod doesn’t mean speculating; it means owning actual income-generating hardware that drives private AI computation, putting it far ahead of those merely chasing the next best crypto to buy.

Zero Knowledge Proof Offers Real Ownership and Passive Income

Many crypto projects have raised vast sums from mere whitepapers, only to leave early participants waiting for years. The same cycle often repeats when people chase the best crypto to buy after seeing sudden price spikes like the Aster (ASTER) breakout or upcoming XRP rally.

Zero Knowledge Proof (ZKP) changes this pattern by moving from speculation to substance. It delivers a fully functional network before inviting community participation. This difference is vital; participants aren’t funding ideas; they are purchasing hardware that already exists and operates.

The groundwork is extraordinary. More than $100 million was committed before the presale auction, with $20 million going into network infrastructure and $17 million allocated to manufacturing Proof Pods. These devices are ready to ship globally within five days of purchase. This readiness gives participants a functional stake in the network right from the start, unlike other projects that only provide a coin and a promise.

Its upcoming presale auction will introduce a fair daily on-chain model where 200 million Zero Knowledge Proof coins are distributed every 24 hours based on contribution size, ensuring equality and eliminating insider advantages.

Owning a Proof Pod allows holders to generate passive income while supporting secure AI computing. In the race to find the best crypto to buy, this approach gives real ownership rather than speculation. Those eager to join early can access the whitelist, which is now open.

Aster Breaks $1 Mark With Renewed Strength

Aster (ASTER), the native coin for a decentralized spot and perpetual trading platform, has recently regained attention due to a strong market comeback. Since November 4, 2025, it has gained over 15%, recovering the key $1 threshold despite a $1.7 billion liquidation across the crypto market, a sign of firm buying pressure.

After dipping to $0.83, the coin rebounded with a sharp volume spike that confirmed technical strength, turning the Aster (ASTER) price breakout into a focal point for traders eyeing momentum. Coupled with endorsements from notable figures, this upswing has drawn significant attention among those comparing top-performing assets or searching for the best crypto to buy.

On the fundamental side, Aster’s leadership announced plans for a privacy-enabled blockchain designed to remove gas fees entirely. The initiative aims to tackle the high costs and privacy issues seen in other networks. Analysts suggest Aster could potentially reach $2.80 if the rally holds above major resistance levels.

XRP Poised for an ETF-Driven Upswing

Following a mild downturn that mirrored the broader crypto correction, XRP still remains in focus due to upcoming market catalysts. Currently stabilizing near $2.30 after the Ripple Swell conference’s “sell-the-news” phase, options data now shows that major traders are preparing for a rebound, maintaining a positive long-term outlook.

The most significant driver could be the potential approval of a Spot XRP ETF in the United States. Expert reports suggest mid-November as a likely approval window, especially after recent legal progress removed prior delays. Analysts predict that billions of dollars in institutional inflows could follow, reshaping XRP’s liquidity and pushing it toward or beyond the $3 mark. For traders tracking the best crypto to buy, XRP’s upcoming ETF decision is a major event to watch.

From Hype to Hardware Ownership

Today’s crypto narrative divides between speculative assets and real infrastructure. While Aster’s price breakout and XRP’s ETF anticipation drive headlines, both rely on volatile momentum and shifting sentiment. Chasing the next best crypto to buy often means entering late and facing rapid reversals.

Zero Knowledge Proof (ZKP) offers a tangible alternative. With $100 million already spent and $17 million in Proof Pods ready for dispatch, it redefines early participation by tying value to hardware and utility rather than hype. As the whitelist opens, this marks a unique chance to own income-generating infrastructure that powers the future of private AI computing, bridging the gap between speculation and real-world use.

The post Aster Crosses $1, XRP Awaits ETF News, Yet Zero Knowledge Proof (ZKP) Gears Up With $17M in Proof Pods! appeared first on Blockonomi.

Investor interest in crypto presales remains strong as the broader crypto market is still struggling to recover from October’s crash. These early-stage startups could offer investors asymmetrical returns, the type of gains that Solana, XRP, and Binance Coin once offered.

However, with dozens of new tokens boasting bold visions vying to be crowned the best crypto to buy now, investors must be extremely selective. Three of the more notable projects worthy of investors’ attention include Digitap ($TAP), BlockchainFX (BFX), and BlockDAG (BDAG).

All three have the potential to revolutionize their respective fields, but investors should prioritize projects with a live product and an early track record of success. Only Digitap, the creator of the world’s first “omni-bank,” fits that bill, and it has a Visa partnership to back it up.

Digitap’s Utility Strengthens Its Crypto To Buy Now Case

Digitap’s “omni-bank” lets users hold traditional fiat and cryptocurrencies side by side in a single account. Users can send, receive, store, save, swap, and invest in multiple currencies via offshore IBAN accounts and transact with more than 100 cryptocurrencies. Digitap also offers a no-KYC lite version with basic features that provide banking access to the hundreds of millions of people who can now join the global financial community.

A recent partnership with Visa gives users instant access to use their crypto as easily as cash. A physical or virtual Visa prepaid card is now offered to Digitap users and works worldwide online and in stores. Users simply need to load either fiat or crypto and then be able to instantly spend their money anywhere Visa is normally accepted.

Digitap’s partnership with Visa offers instant credibility. Securing a relationship with a Tier-1 network is much more than just slapping the Visa logo on the bottom corner of its cards. Visa is extremely selective in who it partners with and came to the conclusion that Digitap is a worthy long-term partner to help expand its brand within the crypto community.

Source: Digitap

Why Adoption and Burns Could Support Long-Run $TAP Value

Digitap’s presale of its native $TAP continues to run hot. After surpassing the $1 million raised milestone in late October, the company is less than $200,000 away from the coveted $2 million mark. In fact, the path from $1 million to $2 million is on pace to be completed in half the time it took to raise the first $1 million. 

$TAP tokens are sold in stages, with the price rising once fundraising goals are met. The token is currently for sale at $0.0297 and will rise to $0.0313 before the weekend. While this represents a more than 100% step up from the first round price of $0.0125, it still represents a steep discount compared to the expected listing price of $0.14. 

Encouragingly, the $TAP token is designed for success. Half of all platform profits will go toward buying back and burning $TAP and rewarding stakers. This directly ties the ecosystem’s growth to token demand. Essentially, as Digitap’s user base and revenues grow, half of those earnings feed back into boosting the token’s value by reducing supply.

The combination of day-one utility, a live partnership with Visa, and a deflationary token model earns Digitap a spot on the list of top cryptos to buy now.

BlockchainFX’s Super-App Vision Meets Well-Funded Rivals

BlockchainFX is building a “crypto super-app” exchange where users can trade or swap over 500 assets in one single interface. This includes cryptocurrencies, stocks, forex pairs, commodities, and more.

The crypto presale project is live in beta, meaning users are buying and selling Bitcoin, gold, Nvidia stock, and much more without having to swap brokers. The early enthusiasm has translated to a project that has raised over $10 million so far.

BlockchainFX is positioning itself as a next-generation broker for the digital age. However, the project is far behind others in terms of product development. The main caveat is that BlockchainFX is still building its adoption and feature depth.

Meanwhile, rivals with years of experience continue to see impressive growth rates themselves, compounding BlockchainFX’s eventual market push. For example, rival eToro offers a similar “all-in-one” broker and reported in its third quarter results this week that its assets under administration rose 76% year-over-year to $20.8 billion and net contribution grew 28% to $215 million.

Source: BlockchainFX

BlockDAG Targets 15k TPS With PoW-DAG—Execution Is Key

BlockDAG is building a next-generation blockchain from the ground up. Backed by an astonishing crypto presale raise of nearly $450 million to date, BlockDAG is hosting one of the largest fundraising events in recent crypto history.

BlockDAG’s technology blends Proof-of-Work mining with a Directed Acyclic Graph (DAG) structure to achieve a throughput of up to 15,000 transactions per second. This design could easily solve the blockchain scalability trilemma by permitting multiple blocks to be processed in parallel without sacrificing security.

The platform remains in its testnet phase, and after such a significant raise, BlockDAG will face pressure to live up to expectations of being one of the best altcoins to buy. Execution will prove to be a challenge as many ambitious layer-1 projects have struggled to meet their performance targets. BlockDAG will also compete against industry giants like Ethereum, Solana, and BNB Chain. As such, the project has a lot to prove before it can be a top crypto to buy now.

If the team can execute by launching a stable mainnet, sustaining 15,000 TPS under real-world conditions, and onboarding dApps along with users, the investment narrative could change.

Digitap Leads With Real Utility; Others Rely On Roadmaps

Digitap, BlockchainFX, and BlockDAG are three crypto presale projects offering noteworthy potential. But when evaluating the three names to pick the best altcoin to buy now, execution and real-world traction matter more than developments and ideas.

Digitap leads the pack because it has already put a usable product in people’s hands and aligned its token with actual platform usage. A Visa partnership is another key driver for success as it forces Digitap to maintain operational discipline to match Visa’s very high standards and expectations.

Discover the future of crypto cards with Digitap by checking out their live Visa card project here:

Presale https://presale.digitap.app

Website: https://digitap.app

Social: https://linktr.ee/digitap.app
Win $250K: https://gleam.io/bfpzx/digitap-250000-giveaway

The post Best Crypto Presales To Look At Now: Digitap ($TAP), BlockchainFX, and BlockDAG appeared first on Blockonomi.

As the cryptocurrency market becomes increasingly competitive, investors are shifting their focus toward projects that combine real-world functionality with long-term growth potential. Avalanche and Polkadot are both respected for their innovative blockchain architectures, yet both have faced slowing momentum as investor priorities evolve. BlockchainFX (BFX), on the other hand, is rapidly gaining recognition for its explosive presale performance, decentralised trading platform, and robust staking ecosystem. With its presale surpassing $11 million and the token now priced at $0.03, BlockchainFX is emerging as one of the best cryptos to buy for those seeking strong fundamentals and high potential returns.

What Are Some Of The Driving Appeals Behind $BFX?

BlockchainFX’s presale has captured the attention of the wider crypto community by raising over $11 million — a figure that continues to climb as the token approaches its market launch price of $0.05. The current presale price of $0.03 presents a promising entry point for early investors aiming to capitalise on the project’s growth before its official launch.

BlockchainFX has reached a pivotal milestone in its development, officially obtaining authorisation to operate under an international trading license issued by the Anjouan Offshore Finance Authority (AOFA). This achievement marks a decisive leap forward, elevating BlockchainFX from an ambitious project to a fully regulated global entity with the authority to conduct business on the world stage. It stands as a powerful validation of the project’s integrity, governance, and long-term commitment to compliance.

Earning such recognition is an extraordinary accomplishment that few crypto ventures ever realise. The licensing process involves intense scrutiny, extensive documentation, and strict evaluation by financial authorities—often taking years to complete. BlockchainFX’s success in navigating this demanding process highlights its meticulous planning, organisational strength, and dedication to building a safe and transparent ecosystem for investors. This license doesn’t just enhance credibility; it unlocks international market access and sets a strong foundation for accelerated global growth.

This development distinguishes BlockchainFX from the many unregulated projects that dominate the sector, placing it firmly among the next generation of credible, regulation-ready platforms. For investors, it’s a clear indicator that BlockchainFX is building something enduring, secure, and designed for the long term.

In recognition of this milestone, BlockchainFX has introduced a special limited-time offer—investors can receive a 50 percent bonus on $BFX presale purchases using the code LICENSE50. This celebration marks more than just progress; it represents the beginning of a new chapter defined by stability, legitimacy, and enormous potential for future expansion.

BlockchainFX’s staking system has become a major highlight for investors who value consistent and reliable passive income. Seventy per cent of all trading fees generated across the platform are allocated to the community, with 50% directly distributed to BFX stakers and 20% used for daily token buybacks, half of which are permanently burned.

This structure fosters a self-sustaining ecosystem where rewards grow in proportion to trading activity, while supply diminishes over time through strategic burns. With staking rewards capped at $25,000 USDT per day, BlockchainFX maintains equilibrium between attractive incentives and token longevity — an increasingly rare combination in today’s crypto market.

What Makes BlockchainFX The Industry’s True Super App?

BlockchainFX is redefining what it means to be a decentralised trading platform by integrating multiple global markets into one interface. Unlike typical crypto exchanges that limit users to digital assets, BlockchainFX’s multi-asset trading system allows users to access crypto, stocks, forex, ETFs, and more, all within a single, fully decentralised environment.

This wide-ranging accessibility makes it more than just another blockchain project — it’s a diverse financial ecosystem that merges the best aspects of decentralised finance and traditional markets. By offering seamless asset diversification, BlockchainFX positions itself as a true decentralised super app designed for the future of finance.

Bringing Genuine Use Through the Presale-Exclusive BFX Visa Card

BlockchainFX’s presale-exclusive Visa Card bridges the gap between digital assets and everyday financial use. Available in both Metal and 18 Karat Gold, the card supports over 20 cryptocurrencies, allows transactions of up to $100,000, and offers up to $10,000 in monthly ATM withdrawals.

What sets it apart is the ability for users to spend their staking rewards directly in either BFX or USDT, for online or in-store purchases worldwide. By integrating crypto rewards into a practical payment method, BlockchainFX offers an unprecedented level of utility that few DeFi projects can match — transforming how investors use and benefit from their holdings.

Avalanche’s Strengths Undermined by Network and Market Challenges

Avalanche has earned a reputation for its high-speed network and scalable blockchain solutions. However, it has struggled to maintain investor enthusiasm due to price volatility and slowing ecosystem growth. Despite its technical capabilities, the project faces stiff competition from newer blockchains with greater interoperability and community engagement.

BlockchainFX, by comparison, offers a more balanced value proposition — combining decentralised infrastructure, multi-asset trading, and deflationary tokenomics. This blend of innovation and investor-focused design positions it as a stronger long-term bet for those seeking both reliability and return potential.

Polkadot’s Connectivity Vision, But Lagging Adoption

Polkadot’s goal of connecting multiple blockchains remains one of the most ambitious in the crypto space. However, real-world adoption of its parachain model has been slower than expected, and investor sentiment has fluctuated accordingly. While Polkadot’s technology is undeniably advanced, its market performance has not kept pace with investor expectations.

BlockchainFX distinguishes itself by offering immediate, tangible benefits — from staking rewards to a functioning multi-asset platform — rather than abstract promises of future utility. With a thriving presale and strong community growth, it provides investors with confidence rooted in present-day achievement rather than speculative potential.

BlockchainFX: The Next Breakout Project in Decentralised Finance

While Avalanche and Polkadot remain important players in blockchain development, BlockchainFX is rapidly emerging as a standout contender in the next generation of crypto innovation. With its presale surpassing $11 million, token price climbing to $0.03, and a robust ecosystem that integrates staking, trading, and real-world usability, BFX has become a top pick among analysts forecasting the best cryptos to buy for 2025.

By blending sustainability, accessibility, and innovation, BlockchainFX is not just another token — it’s a fully developed ecosystem designed to lead the next phase of decentralised financial growth. For investors seeking the next high-ROI opportunity, BlockchainFX could be the breakout star of the coming market cycle.

Website: https://blockchainfx.com/ 

X: https://x.com/BlockchainFXcom

Telegram Chat: https://t.me/blockchainfx_chat

The post Here Are Some Of The Best Cryptos To Buy In 2025 appeared first on Blockonomi.

TLDR

• Nvidia shares dropped 2.4% in premarket trading Friday after falling 3.6% Thursday, extending the tech sector sell-off
• Wall Street analysts expect strong third-quarter results and higher fourth-quarter guidance driven by Blackwell Ultra hardware shipments
• Nvidia opposes proposed legislation requiring chip firms to prioritize US demand over exports to China and embargoed countries
• The company may be resuming shipments to China as it raises production of older Hopper chips
• Nvidia stock has historically dropped over 30% within two months on eight separate occasions despite its AI dominance

Nvidia shares fell 2.4% to $182.39 in premarket trading Friday. The drop extends Thursday’s 3.6% decline as investors continue fleeing technology stocks.

NVIDIA Corporation, NVDA

The move aligned with other AI-focused chip stocks. Advanced Micro Devices dropped 2.5% while Broadcom lost 1.2% in premarket trading.

The drops are putting pressure on Nvidia to deliver strong results with its earnings report on Wednesday. Wall Street analysts remain generally positive on the company’s prospects.

KeyBanc analyst John Vinh expects Nvidia to report strong third-quarter results and guide fourth-quarter higher. He maintained an Overweight rating and $250 target price on the shares.

Vinh said increasing shipments of Nvidia’s Blackwell Ultra hardware would drive growth. He noted the company was raising production of its older Hopper chips.

The increased Hopper production could mean Nvidia is resuming shipments to China. Nvidia declined to comment on whether it plans to resume China shipments.

The company has previously said it is assuming no Chinese revenue. Beijing discourages domestic companies from using US hardware.

Export Legislation Creates New Pressure

Debate continues about exports of advanced AI chips. Microsoft and Amazon are both supporting proposed legislation that would require chip firms to satisfy US demand before sending products to China and other embargoed countries.

Nvidia opposes this policy. The Wall Street Journal reported the company’s opposition to the proposed requirements.

An Nvidia spokesperson provided a statement to Barron’s Friday. The company said it doesn’t sell restricted products to adversaries at the expense of American companies.

“Sales to authorized customers worldwide do not deprive US customers of anything—and in fact expand the market for many US businesses and industries,” the spokesperson said. The spokesperson criticized what they called “fake news” being fed to Congress about chip supply.

Nvidia said the proposed policy would overturn President Donald Trump’s AI Action Plan. The company claims it would surrender America’s chance to lead in AI and computing worldwide.

Nvidia faces multiple challenges despite its AI market dominance. US export restrictions and rising domestic competition from companies like Huawei are expected to decrease Nvidia’s AI chip market share in China.

Major cloud providers including Google, Amazon, and Meta are increasingly creating their own custom AI chips. Google’s Ironwood TPUs aim to lower dependence on Nvidia and optimize for particular workloads.

AMD’s Instinct MI300X series and Intel’s Gaudi 3 are gaining traction in AI accelerators. AMD recently said it expects revenue growth to average over 35% over the next three to five years.

Nvidia’s stock has dropped over 30% within less than two months on eight occasions in various years. The stock experienced an 85% decline during the Global Financial Crisis and 68% during the dot-com crash.

Despite the risks, Nvidia reported 71.6% revenue growth over the last twelve months. The company maintains a 43.6% free cash flow margin and 58.1% operating margin.

The post Nvidia Stock Tumbles Again Before Critical Earnings Report Wednesday appeared first on Blockonomi.

[PRESS RELEASE – Zug, Switzerland, November 14th, 2025]

Supra, the first Layer-1 blockchain built for Automatic DeFi (AutoFi) via full vertical integration, is proud to announce an expansion of its SupraEVM Beta Bounty. CEO and Co-Founder Joshua Tobkin has committed up to $1 million worth of his own $SUPRA tokens as a personal bounty to any developer or research team that can demonstrate a faster, verifiably correct EVM-parallel execution engine than SupraBTM, the core execution engine powering SupraEVM.

The personal bounty, touted as the SupraEVM Speed Challenge, is offered in addition to an ongoing $40,000 USDC performance-based reward offered by the foundation. To date, no participating team has surpassed the benchmarks established by SupraBTM, which remains the top performer in public tests against all known EVM-parallel solutions, including Monad, one of the more optimized projects in the high-performance EVM space.

“I am betting $1 million of my own tokens that no one can beat Supra,” said Co-Founder and CEO Joshua Tobkin. “Supra is built on transparency. We claim to be the fastest, so we are aiming to prove it in public. And if someone can demonstrate a superior execution engine under clear conditions, I will honor that outcome directly.”

Addressing the Core Bottleneck in Blockchain Scalability

While consensus protocols, data availability layers, and oracle infrastructure have all seen significant improvements in recent years, transaction execution remains a limiting factor for scaling decentralized applications. Safe and deterministic parallel execution within the Ethereum Virtual Machine (EVM) is particularly challenging, yet essential for enabling low-latency DeFi, real-time games, and AI-driven autonomous agents.

SupraEVM, powered by SupraBTM (Block Transactional Memory), addresses this challenge with a conflict-specification aware architecture that reduces overhead, anticipates transaction collisions, and schedules execution based on statically analyzed dependency graphs.

Benchmark Results: Superior Performance Over Monad

SupraBTM has been benchmarked on 10,000 Ethereum mainnet blocks and tested head-to-head against Monad’s 2-Phase Execution (2PE) approach using identical commodity hardware (16-core AMD 4564P CPU with 192 GB RAM).

Results showed SupraBTM delivering:

• 1.5 to 1.7 times higher throughput than Monad across various workloads
• ~4 to 7 times speedup over traditional sequential EVM execution
• Consistent performance under high-conflict conditions typical in DeFi and arbitrage use cases

The engine’s design avoids the need for speculative execution and frequent rollbacks, instead relying on a deterministic scheduling model that is adaptable across varying thread configurations.

“Supra was built from the ground up to integrate execution, consensus, and core infrastructure components into a cohesive framework,” said Jon Jones, CBO and Co-Founder at Supra. “The result is an architecture that not only delivers performance, but does so in a way that is reproducible and testable against any known parallel EVM engine available today.”

Challenge Guidelines and Structure

The $1 million token commitment is available to developers or research teams who can produce a faster EVM execution engine under defined test conditions. Entries must be open source, verifiable, and reproducible.

The full criteria include:

• Processing at least 100,000 consecutive Ethereum mainnet blocks
• Executing on commodity hardware with no more than 16 CPU cores
• Achieving at least a 15 percent performance improvement across 4, 8, and 16 thread configurations
• Publishing benchmark results publicly and submitting to community and independent verification
• Code must be released under an open-source license and remain accessible for audit

Participants may choose to claim the reward directly, or engage further with Supra’s engineering organization to collaborate. Token rewards are from Tobkin’s personal allocation, unlocking in 2027 and vesting over two years. The prize is independent of Supra’s core operations or treasury.

“This challenge is focused on the core technical issue that continues to constrain the EVM,” Tobkin added. “The objective is to find or validate the most performant execution engine possible. If someone is able to build a better system than what we have achieved at Supra, the industry should recognize it and benefit from it.”

For full technical documentation, rules, and binaries for the SupraEVM Beta Bounty, users can visit the bounty’s dedicated docs page, with in-depth details of the $1M SupraEVM Speed Challenge available on its dedicated landing page. Supra’s technical team has provided a deep-dive benchmark report comparing SupraBTM and Monad available on their website, while developers interested in early SupraEVM access can join the waitlist here.

About Supra

Supra is the first chain built for Automatic DeFi (AutoFi), a novel self-operating automated financial system that also serves as the perfect framework for crypto AI Agents, built upon its vertically integrated Layer-1 blockchain with built-in high-speed smart contracts, native price oracles, system-level automation and bridgeless cross-chain messaging.

Supra’s vertical stack unlocks all-new AutoFi primitives that can generate fair recurring protocol revenue and redistribute it across the ecosystem, reducing reliance on inflationary block rewards entirely over time. This stack also equips onchain AI Agents with all the tools they need to run a wide variety of powerful DeFi workflows for users automatically, autonomously, and securely.

The post Coinbase Ventures-Backed Supra Offers $1M Bounty to Beat Its Parallel EVM Execution Engine appeared first on CryptoPotato.

Crypto prop trading has moved far beyond simple demo challenges and artificial price feeds. HyroTrader is designed for traders who want live exchange execution, fast payouts, and a funding path that matches how crypto markets actually move.

Why Many Crypto Traders Outgrow Retail Accounts

Retail accounts cap position size, constrain leverage at critical moments, and tie up capital that could be used more efficiently. For a trader with a tested strategy, the bottleneck is rarely opportunity; it is usually buying power and risk compartmentalization.

Instead of wiring more capital into a personal account, a trader can prove consistency in an evaluation and then trade a funded account where losses are limited but upside remains open. HyroTrader enables that path by allowing traders to work with capital from USDT 5,000 up to 200,000, then transition into a funded ByBit sub-account of the same nominal size once evaluation targets are hit.

What Sets HyroTrader’s Funding Model Apart

Many prop structures pressure traders with deadlines or hidden rules that encourage them to overtrade. HyroTrader’s framework is deliberately simple: clear targets, clear risk limits, and no time pressure.

The evaluation phase requires a 10% profit in Phase 1 and, if chosen, a further 5% in Phase 2. Throughout the process, the daily drawdown is capped at 5% and the total loss is capped at 10%. This encourages the kind of risk discipline that tends to keep traders in the game long after the initial excitement fades.

Capital On Day One, Scaling To Seven Figures

Once the evaluation is passed, the same virtual size is mirrored into a live ByBit sub-account. The trader now interacts with real liquidity and genuine order book depth rather than simulated prints.

Performance is reviewed quarterly, and when milestones are met, account size scales stepwise up to USDT 1,000,000. For traders who know how difficult it is to compound a small account organically, this scaling path becomes a capital “fast track” linked directly to performance.

Risk Rules That Reward Discipline

The 5 % daily and 10 % overall loss limits look strict on paper, but they reflect how professional risk desks think about survival. A trader who respects those lines can keep positions open overnight, hold them through weekends, and express directional or hedging ideas without micromanaging their style.

All trading approaches are allowed as long as risk is controlled. That includes scalping around volatility spikes, trading macro news, running algorithmic scripts, or combining discretionary and systematic views.

Profit Splits And Payouts Built For Active Crypto Traders

HyroTrader starts traders at a 70% profit split, with the potential to move to 80% and then 90% after consecutive profitable cycles. There is little value in unlocking a larger account if most of the upside is handed back in fees, so the structure keeps the economic engine in the trader’s favor.

The evaluation fee is refunded with the first profit split on the funded account, aligning incentives and shifting focus away from repeated challenge fees toward long-term profitability.

Real Exchange Execution And A Pro-Grade Environment

Many prop firms still route orders through internal simulators or thin liquidity venues. That can distort fills, slippage, and even candle history. HyroTrader takes the opposite route: orders are mirrored 1:1 onto ByBit’s order book, with CLEO providing Binance data and interface support.

Traders can work with USDT perpetuals, USDC linear contracts, spot pairs, and crypto options. Leverage up to 1:100 is available, but the drawdown rules encourage responsible position sizing rather than reckless exposure.

Who Benefits Most From HyroTrader’s Model

HyroTrader’s structure fits traders who already have a track record, even if that record is informal and built on personal accounts. These traders typically value three things above all else: stable capital, transparent rules, and prompt payouts.

The crypto-only focus may not suit someone who also wants exposure to equities or forex. For traders who specialize in digital assets, however, that focus is an advantage rather than a limitation, because every rule, data feed, and risk parameter is tuned for crypto.

Is HyroTrader a Good Fit For Ambitious Crypto Prop Traders?

When a trader starts researching options, the real question is not about marketing claims. It is about alignment. Do the rules reward consistency instead of gambling? Does capital actually scale when results justify it? Are payouts quick and denominated in assets that make sense for crypto-native participants?

HyroTrader positions itself as an answer to those questions. It combines live exchange execution, a scaling roadmap up to USDT 1,000,000, and profit splits that rise to 90% for traders who deliver consistent performance. Risk limits are strict but predictable, and trading style remains at the trader’s discretion.

For ambitious crypto traders who want to separate personal finances from trading risk while still pushing for meaningful upside, that combination makes HyroTrader a compelling candidate whenever the term “best crypto prop firm” comes up in serious conversations.

Conclusion: Turning Skill Into Scalable Capital

Crypto prop trading rewards those who can stay disciplined, while markets reward and punish in equal measure. A structure like HyroTrader’s does not create an edge, but it does give proven traders the resources and framework to express their edge at scale.

With capital starting as high as USDT 200 000 on day one of funding, clear risk parameters, and rapid stablecoin payouts, HyroTrader offers a bridge between individual skill and institutional-style capital. For traders whose strategies are ready, the remaining question is straightforward: Is the next growth phase of their trading career better pursued alone or in partnership with a firm built specifically for crypto?

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and to do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.

The post Crypto Prop Trading With Real Capital: Inside HyroTrader’s Funding Model appeared first on CryptoPotato.

Over 149 million XRP, valued at about $336 million, has been removed from centralized exchanges in just a day. This is one of the sharpest single-day drops in XRP exchange reserves in recent months. Despite the large transfer, the asset tumbled below $2.30 earlier today, marking a significant 9% overnight decline.

Meanwhile, this development raises new questions among traders and analysts. Some see this as a shift in strategy by larger holders, while others remain cautious, noting a lack of strong buying pressure.

XRP Exchange Balances Drop Sharply

According to data from CryptoQuant, XRP’s exchange supply dropped steeply within a 24-hour period. The chart shows a clear cut in reserves, equal to over 149 million tokens. This suggests fewer coins are available for trading on such platforms.

In many cases, tokens moved off exchanges are meant for storage rather than sale. Such activity is often linked to long-term holding or preparation for offline custody. However, XRP’s price has not moved much following the drop. It remains just near $2.30, showing that the lower supply has not yet been matched by fresh demand.

ETF Launch Followed by Price Decline

On November 13, the first US spot XRP ETF, known as XRPC, began trading. As CryptoPotato reported, it recorded over $58 million in volume and took in $245 million in inflows. Robinhood also confirmed the listing of XRPC, drawing attention across the crypto space.

However, XRP’s price quickly dropped following the launch. Analysts described this as a typical case of the market pricing in the news ahead of time. Crypto Patel noted,

“Markets move before headlines. Retail moves after.”

His chart shows that XRP found support at a key level within its price channel, after a near 10% fall. The pattern is still intact for now.

Large Holder Activity Slows Down

Data from Binance shows that large wallet transfers to exchanges have been declining since October. A small spike on October 25 was short-lived, and the trend returned to low levels. The 30-day average also points to fewer large-scale moves.

During the same period, XRP’s price has dropped from above $2.60 to around $2.30. While fewer whale transfers can lower selling pressure, the lack of new buying interest has kept prices under control.

Market Signals Show Neutral Trend

On a longer timeframe, XRP is showing early signs of recovery. The RSI on the 3-day chart has broken out of a past downward path. In previous cases, such moves came before stronger price shifts. The current RSI is near 46, showing mild upward momentum. Analyst Steph Is Crypto’s chart pointed to similar patterns in past years that led to large gains.

Another analyst, Cryptollica, compared XRP to its 2-year moving average bands. XRP is trading above the 2-year base level but still far below the upper bands. This puts the token in a mid-range price zone with no clear signs of extreme moves, up or down.

The post $335M in XRP Vanish From Exchanges Overnight: What’s Next for Ripple’s Price? appeared first on CryptoPotato.

On the surface, it was supposed to be a positive week. However, the reality is quite different and painful as BTC just plummeted to a six-month low and there’s no bottom in sight, at least for now.

But let’s rewind to the end of the previous week, when BTC had just dipped below the crucial $100,000 line but had managed to defend it. In fact, it recovered to around $102,000 during the weekend and jumped to $104,000 on Sunday afternoon and $107,000 on Monday after US President Trump promised $2,000 tariff checks to non-high-income Americans and hinted that the longest government shutdown would come to an end soon.

That relief rally was short-lived, and BTC quickly dropped by several grand. Its next bounce came on Thursday morning when the government reopening became official after the POTUS signed the necessary papers. BTC peaked at $104,000, but that resistance turned out to be too strong once again.

The subsequent rejection was a lot more violent than the previous ones. Not only did bitcoin dump below $100,000, but it kept plunging on Friday to its lowest levels since May at $94,500 (as of now). This meant that the asset has lost more than $12,000 since the Monday peak of $107,000.

The overall mood is bearish, with analysts declaring the end of the bull market and the subsequent beginning of a more profound bear cycle. The weekly losses for BTC stand at almost 5%, for ETH are more than 4%, while SOL is down by over 10%. Interestingly, LTC, XMR, WLFI, and UNI are well in the green, and so is XRP from the larger caps.

Market Data

Market Cap: $3.3T | 24H Vol: $280B | BTC Dominance: 57.4%

BTC: $94,700 (-4.8%) | ETH: $3,074 (-4.2%) | XRP: $2.26 (+4.4%)

This Week’s Crypto Headlines You Can’t Miss

Bitcoin’s (BTC) Famous 4-Year Cycle May Finally Be Crumbling. Amid the ongoing calamity and the different state of the bull market that started last year, crypto analysts are adamant that the typical 4-year cycle is over and there’s a new, more sophisticated and mature phase for BTC.

Canary’s XRP ETF (XRPC) Launch Successful: Here’s What Happened on Day 1. After numerous delays and uncertainty, the first spot XRP ETF with 100% exposure to Ripple’s asset finally went live for trading on Thursday after the last hurdle was bypassed by the Nasdaq’s official listing notice on Wednesday. Canary’s XRPC broke the previous SOL record for the launch day.

Bitcoin Whales and Miners Are Moving Massive Sums: What Does This Mean for BTC’s Price? One of the first warning signs this week came after reports emerged that BTC whales and miners had moved large portions of the asset to exchanges, with the likely intention to sell. Such transfers are typically followed by market crashes.

BTC ‘Miner Heartbeat’ Metric Shows Bitcoin Network Still Strong. With prices falling, investors capitulating, and sentiment souring, on-chain data indicate that Bitcoin’s network fundamentals remain as strong as they were during the summer rally, as evidenced by the “Hash Rate Momentum Score.”

IRS Introduces Safe Harbor Allowing Tax-Free Staking for Crypto ETPs. The US Treasury and IRS outlined a new safe harbor that will allow crypto ETFs to stake digital assets without paying extra tax.

UNI Token Soars 35% Following Fee Switch Proposal. UNI’s market-wide correction defiance and double-digit weekly surge were primarily prompted by the announcement from Uniswap’s founder, Hayden Adams, stating that the exchange will introduce a sweeping governance proposal, which introduced a long-anticipated fee switch that would redirect a portion of trading fees toward burning UNI tokens.

Charts

This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid – click here for the complete price analysis.

The post Bitcoin Loses $100K Level, XRP ETF Goes Live, U.S. Government Reopens: Your Weekly Crypto Recap appeared first on CryptoPotato.

Ethereum is trading near a key technical level, raising questions about the strength of its current trend. As of press time, the price stands at $3,130, down 11% in the last 24 hours and 4% over the past week.

Analysts are monitoring this zone to assess whether the asset can hold support or continue its decline.

Weekly 50 EMA Retest in Focus

ETH is now testing the weekly 50 EMA, a level that acted as resistance for more than a year. This zone, around the $3,200–$3,500 area, is now being retested from the other side. Merlijn The Trader described the setup as “make or break,” noting:

“Lose this… and momentum dies. Hold it… and we send.”

Holding this support keeps Ethereum within a broader trend structure. If the level gives way, sellers may take control again, and the price could shift lower toward the next support zones.

Ethereum’s strength against Bitcoin is also being monitored after reclaiming the 50-week EMA on the ETH/BTC pair. In earlier cycles, including 2021, this development came just before ETH began a major upward move.

Moreover, Ethereum is also moving in a narrow range between $3,350 and $3,675 on the daily chart. It is currently stuck between the 200-day EMA near $3,590 and the 200-day MA at around $3,355. This range has been respected over multiple sessions, with no clear breakout in either direction.

Daan Crypto Trades said that a break outside this range “should lead to another 5%+ move,” but added that only a clean break — not a short-lived wick — would confirm direction. Until a clear move occurs, ETH remains boxed in between these two long-term moving averages.

Double Bottom Structure Near Key Support

GalaxyBTC pointed out that Ethereum may be forming a double bottom near the $3,100–$3,200 area. This setup comes after a ~36% correction and mirrors a structure seen in 2020. At that time, ETH bounced from a similar double bottom and began a strong rally.

“A bounce here means that the 2020 pattern is still in play,” GalaxyBTC wrote.

A failure to hold here may cancel that pattern and shift expectations to the downside. Price has recently moved from ATH to just above $3,100, matching the scale of that earlier pullback.

Weak Daily Close and Exchange Withdrawals

CryptoWZRD noted that Ethereum closed the day in a bearish position and warned that further weakness is possible. ETHBTC is nearing a support level. They added, “A strong bullish reversal is necessary,” or ETH could stay under pressure. A drop to $2,800 remains on the table if the price fails to recover.

Short-term support is near $3,230, while resistance is seen around $3,640. Without stronger moves in Bitcoin, Ethereum may stay within this range or trade lower.

Meanwhile, data shows large ETH wallets are pulling funds off Binance. This has reduced the available exchange supply. Analysts suggest this may be a sign of long-term positioning, as fewer coins remain ready to sell.

The post Ethereum (ETH) Near Collapse? Key Support Under Pressure After 10% Drop appeared first on CryptoPotato.