Tesla's stock decline highlights vulnerabilities in tech sectors, signaling potential shifts in investor confidence and market dynamics.
The post Tesla stock extends losses pre-market as selling pressure accelerates appeared first on Crypto Briefing.
Strategy's Bitcoin transfer highlights its strategic focus on secure custody and institutional growth, potentially influencing market stability.
The post Strategy transfers $5.7B in Bitcoin to new wallets appeared first on Crypto Briefing.
American Bitcoin's growth and strategic positioning may enhance its influence in the crypto market, attracting more investors and partnerships.
The post American Bitcoin reports 453% YoY sales growth and 3,000 Bitcoin accumulation appeared first on Crypto Briefing.
The successful launch of the XRP ETF may boost institutional interest and legitimacy for cryptocurrencies in traditional finance markets.
The post Canary XRP ETF attracts $245 million in net inflows on first trading day appeared first on Crypto Briefing.
The rapid liquidation highlights the volatility and risks in crypto markets, potentially undermining investor confidence and market stability.
The post $300M in crypto longs liquidated in the past hour as Bitcoin falls to $97K appeared first on Crypto Briefing.
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 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.
Other miners are making similar bets. Companies such as Cipher and Terawulf have partnered with investors like SoftBank and Google to develop AI-ready data centers.
These ventures are attracting billions in projected revenue and unlocking additional capital through debt financing.
Bitfarms’ pivot comes amid financial pressures. The company reported a $46 million third-quarter loss on $68 million in revenue. Shares fell about 5.7% in early trading, though the stock has still doubled this year.
The Washington site will feature modular infrastructure for scalable deployment and high-efficiency power management.
The company aims to monetize the facility through both colocation and cloud services, positioning itself as a provider of AI compute rather than just cryptocurrency infrastructure.
Bitfarms’ broader energy portfolio totals 2.1 GW across North America. Its sites are clustered in regions with robust access to power and fiber, making the shift from Bitcoin mining to AI workloads a natural extension of its existing infrastructure.
While the company emphasizes the potential of HPC/AI, it faces execution risks. Projects could face delays, equipment may not meet performance targets, or the economics of GPU-as-a-Service could underperform expectations.
This post Bitcoin Miner Bitfarms (BITF) to Exit Bitcoin Mining, Pivot to AI Computing first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Bitcoin Magazine

Lava Abandons Self-Custody Amidst Fund Raise, Sparking Controversy
Lava, the Bitcoin-backed loans software company, sparked controversy among Bitcoin CEOs recently, after a series of announcements following a $200 million fundraise. The company, led by Shehzan Maredia, had previously been marketed as a self-custody wallet and platform, mirroring the functionality of DeFi or decentralized finance products. The new update to the Lava app changed the custody model to a fully custodial and trusted fintech platform, raising questions about the lending company’s legal status.
The announcement about the fund raise drew the attention of Bitcoin industry leaders, who raised questions about the nature of the investment and the implications of the change in custody model, which Shehzan confirmed in follow-up X posts.
“The security of our users and their funds is our top priority. Every change we’ve made is guided by that. Lava no longer uses DLCs — discrete log contracts — for loans because the technology doesn’t meet our security standards. Our team built the largest application using DLCs, but we discovered vulnerabilities that we weren’t comfortable having (ex., client-side key risk, hot keys).”
Shezhan added that “Risks we previously thought were impossible, such as thinking oracles couldn’t be manipulated to liquidate individual users, we figured out were possible in practice. We are unwilling to compromise on security for our users at any level, and we take a very holistic view on removing trust, dependencies, and counterparty risk.”
DLCs are a kind of Bitcoin smart contract that can anchor the spendability of a bitcoin balance to an external event, such as the price of bitcoin in dollar terms, through the use of a third-party “oracle”. Oracle-based decentralized finance technology (DeFi) was recently exploited, resulting in a 20 billion dollar liquidation event, specifically targeting Binance’s stablecoin orderbook.
Their previous technology, which Shehzan says is still used by users who did not choose to update to the new version of the software, gave end users cryptographic control over part of the account via 2 of 2 multi-signature DLC smart contracts, limiting how the Bitcoin put up by users as collateral could move.
Lava’s terms of service still claim — as of the time of writing — that the company has “no exclusive custody or control over the contents of your wallet and has no ability to retrieve or transfer its contents.” Yet this contradicts statements made by Shehzan in recent days regarding the company’s pivot to a cold storage custody model.

Despite Shehzan’s clarification and posts on X, critics were skeptical of the reasoning. Some users were alarmed at the fundamental change in the custody model, which caught many by surprise and was communicated poorly, if at all.
One user, Owen Kemeys of Foundation devices, wrote, “Did Lava get my informed consent?” sharing a series of screenshots of the app update messaging, which says nothing about the change in custody model.
Will Foxley of Blockspace media complained, “Why did they roll legacy loans over without contact first. Plus, how did they do this if it was DLCs? Did I sign a bunch of pre-signed transactions that gave them control over the entire loan?”
The pivot has also raised questions about the company’s regulatory status and licenses, as centralized and custodial bitcoin-backed loan providers are arguably regulated under more traditional frameworks. Such regulations tend not to apply to DeFi-style self-custody products, precisely because user funds remain under user control, rather than under the complete control of a third party. With trust custodial trust becoming the Lava model overnight, what regulatory status does the company fall under?
Jack Mallers, CEO of Strike — a competing Bitcoin company with a Bitcoin-backed loans product line and a market leader — questioned the move, particularly in terms of licensing, which Strike has been working to acquire for years:
“If they’re custodial, how is what they’re doing legal?
Strike has been acquiring licenses for years. You can’t just “flip a switch” from non-custodial to custodial and start offering brokerage, trading, or lending services. That’s unlicensed activity, and it’s very illegal.
What licenses does Lava actually have that allow them to do what they’re doing?”
Bitcoin Magazine has not independently verified Lava’s licensing status. When asked for comment on the legal strategy and status of Lava, Shezhan pointed Bitcoin Magazine to the company’s FAQ, which does not appear to address the questions directly at all.



The nature of the investment announced by Lava was also called into question last week, as Cory Klipsten, CEO of Swan — a likely competitor to Lava — has also been actively engaging the story, suggesting it is specifically a line of credit agreement rather than an equity-style VC investment into the company. When asked, Shehzan told Bitcoin Magazine, “we raised both venture and debt,” referring to the 200 million raise announcement, though he did not go into details.
While the story is still developing and mostly involves discussions and debate on Bitcoin Twitter, the drama highlights the high value Bitcoiners place on self-custody and the risk of closed-source crypto applications, which can be updated without proper transparency or information being delivered to users about how their capital is secured.
This post Lava Abandons Self-Custody Amidst Fund Raise, Sparking Controversy first appeared on Bitcoin Magazine and is written by Juan Galt.
Bitcoin Magazine

Amboss and Voltage Partner to Turn Bitcoin Payments Into a Source of Yield
Amboss Technologies and Voltage have joined forces to launch a new enterprise payment stack that could redefine how businesses handle Bitcoin and stablecoin transactions, according to a release shared with Bitcoin Magazine.
The collaboration combines Voltage’s Lightning Payments API with Amboss Rails, allowing instant, low-cost payments and automated yield generation on self-custodied Bitcoin.
The goal of the collaboration is to turn what has traditionally been a cost center — payment processing — into a potential revenue stream.
In high-volume industries such as iGaming, prediction markets, and exchanges, fees can consume up to 5% of total transaction volume. Meanwhile, large Bitcoin or stablecoin holdings often sit idle.
The new Amboss–Voltage integration addresses both these problems. Voltage’s API enables near-instant, global BTC and stablecoin transfers via the Lightning Network, while Amboss Rails manages liquidity dynamically, allowing businesses to earn yield by routing payment flow across the network.
In other more simple words, this partnership will help businesses process Bitcoin and stablecoin payments instantly and cheaply — while turning idle balances and payment costs into a source of yield.
“Payments have long been a drag on margins, but with this combination, we’re flipping the script,” said Jesse Shrader, CEO of Amboss. “Rails provides the yield engine to attract and optimize capital, while Voltage’s Payments API simplifies Lightning adoption. Together, it’s a flywheel that makes enterprise payments and treasury management more efficient and profitable.”
Voltage CEO Graham Krizek said the stack unlocks new capital strategies for businesses.
“By generating self-custodial yield through Lightning, companies can turn idle Bitcoin into a productive asset that offsets custody costs while supporting real payment flow,” he said.
A key innovation lies in Voltage’s Taproot Assets support, which enables seamless, in-flight exchanges between Bitcoin and stablecoins within a single payment. This lets companies integrate stablecoin payments without compromising on compliance or security, backed by Voltage’s SOC 2 Type II certification.
Early enterprise pilots in iGaming and financial platforms are already testing the system, reporting up to 30% reductions in effective payment processing costs through yield offsets.
The integration also marks a step toward machine-economy-ready infrastructure, where liquidity and payments interact autonomously across the Lightning Network.
Amboss’ ML-powered routing (MP-Flow) and Voltage’s instant settlement API combine to create a scalable foundation for global Bitcoin-native commerce.
The Amboss–Voltage partnership underscores a growing trend in Bitcoin infrastructure — one where businesses don’t just move value, but also earn from the flow of it.
This post Amboss and Voltage Partner to Turn Bitcoin Payments Into a Source of Yield first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Bitcoin has done what many bulls dreaded: it plunged below six figures, crashed through $100,000, and even tumbled past $98,000 in a wave of liquidations not seen since May.
As reported by CryptoSlate, BTC fell to $98,550, triggering $190 million in long liquidations in one hour and $655 million in 24 hours as spot ETFs saw a $278 million net outflow on Nov. 12 and $961 million for the month so far.

This event shifted a slow decline into a sharp drop, clearing leveraged longs and forcing the market to face the on-chain support below the price.
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.
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.
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.
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.
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.
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.
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 $106k, presales remain the most compelling yet complex arenas for growth. With this generation of projects, launches are more structured, as tokenomics are more transparent, teams are often KYC-verified, and products are frequently live.
This November, there are potential breakout stories that range from Bitcoin Layer-2 projects to GameFi ecosystems, among others. Here are some of the top presales to watch out for in November 2025.
Earth Version 2 ($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.
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.
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.
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.
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.
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.
Being one of the most dynamic and potentially rewarding frontiers, the presale space in the crypto industry has remained one of the most trodden paths by disciplined investors. With a snapshot of the top presales to watch out for in November, it is clear that the presale market is no longer a speculative lottery but a venture landscape. In a market that rewards early conviction, these five presales represent the most compelling opportunities to watch as 2025 draws to a close.
Disclaimer: This is a sponsored post. CryptoSlate does not endorse any of the projects mentioned in this article. Investors are encouraged to perform necessary due diligence.
The post Top Presales to Watch Out for In November 2025 – $EV2, $MaxiDOGE, and Best Wallet Lead The Way appeared first on CryptoSlate.
Bitcoin (BTC) dropped 3% to $98,550.33 as of press time, falling below the psychological $100,000 threshold for the third time this month amid cascading leverage liquidations, persistent ETF outflows, and a broader risk-off posture across digital assets.
The slide accelerated after Bitcoin broke support at $100,000, triggering over $190 million in long liquidations in the past hour, per Coinglass data.
Bitcoin failed to break through the support-turned-resistance level at $106,400 earlier this week, raising concerns about what was to come. However, every time it lost that level, it has always rebounded around the psychological $100,000 support or at least the $99,000 support created back in June.

Total liquidations across the past 24 hours reached $655 million, amplifying downward momentum as over-leveraged positions unwound.
Ethereum declined 5.75% to $3,218.37, Solana dropped 5.2% to $145.55, and BNB fell 3.2% to $922.90, reflecting synchronized selling pressure across major tokens.
US spot Bitcoin ETFs recorded net outflows of $278 million on Nov. 12, contributing to roughly $961 million in cumulative redemptions this month, according to Farside Investors.
The shift from net inflows to modest withdrawals removes a key stabilizing force that supported prices through mid-2025, leaving spot markets more vulnerable to derivatives-driven volatility.
Historical patterns suggest that ETF flow reversals often coincide with consolidation phases rather than periods of directional conviction.
Glassnode’s Nov. 12 analysis confirms that Bitcoin has traded below the short-term holder cost basis of $111,900 since early October, establishing a bearish regime characterized by low liquidity and weak conviction.
The network’s short-term holder realized profit-loss ratio fell below 0.21 near $98,000, indicating that over 80% of the realized value came from coins sold at a loss, representing a capitulation intensity exceeding that of the last three major washouts of the current cycle.
Glassnode identifies the sub-$100,000 zone as a critical battleground where seller exhaustion is beginning to take shape. However, a sustained recovery requires Bitcoin to reclaim the $111,900 cost basis as a level of support.
Bitcoin perpetual futures funding rates remain subdued across major exchanges, with both funding rates and open interest drifting lower since October’s leverage flush.
The absence of aggressive positioning reflects market hesitation, with traders avoiding directional bets as volatility expectations remain elevated.
Options market data reinforces this defensive stance. Put protection trades are priced at an 11% implied volatility premium over calls for short-term expiries, indicating that traders continue to pay for downside insurance.
Open interest concentrates heavily around the $100,000 strike for end-of-November expiries, making this level a critical threshold where dealer hedging flows could amplify volatility if breached.
Recent option flows have focused on puts between the $108,000 and $95,000 strikes, structured as outright protection or calendar spreads that capture expectations of near-term turbulence.
Glassnode’s cost basis distribution heatmap reveals a dense supply cluster between $106,000 and $118,000, representing investors positioned to exit near breakeven.
This supply overhang creates natural resistance where rallies may stall unless renewed inflows absorb distribution pressure.
The firm notes demand from short-term holders, a proxy for new investor momentum, has remained notably weak since June 2025, reflecting an absence of fresh capital entering the market.
Broader risk sentiment deteriorated alongside crypto declines, with higher real yields and persistent funding stress pressuring speculative assets despite the recent resolution of the US government shutdown.
Morgan Stanley’s recent “fall season” note advised clients to harvest gains rather than chase upside during this phase of the four-year cycle, contributing to reduced risk appetite among institutional allocators.
The combination of heavy leverage positioning, soft ETF demand, and structural resistance above current prices transformed each breach below $100,000 into a self-reinforcing cascade.
The post Bitcoin loses its last line of defense: $98k breakdown sparks cascade not seen since May appeared first on CryptoSlate.
When Chainlink briefly appeared on a DTCC reference list, the crypto industry jumped to claim a “LINK ETF confirmed.”
In reality, just like with XRP and Bitcoin, this was just a routine DTCC plumbing update, preparing for potential ETFs long before the SEC signs off. LINK had made it into the settlement system, not past the approvals gate.
However, it is generally a good sign. Most crypto ETFs that appear on the list eventually go live within 6 months. Bitcoin ETFs were listed in October 2023 and finally went live in January 2024, while Canary Capital’s XRP ETF appeared on DTCC this month and went live today.
Still, the distinction matters because it helps ground you in reality, as DTCC’s role begins where speculation usually ends. It’s a post-trade clearinghouse, not a regulator, and its data reflects operational readiness, not policy blessing. Bitcoin, Ethereum, and even XRP have undergone a similar rumor cycle.
The difference between BTC and ETH was that these came after the formal filings were already underway, including exchange rule changes and registration statements that form the backbone of ETF approval. Without both, a ticker on DTCC’s website is just scaffolding: an empty doorway with no house behind it.
To reach day-one trading for a crypto ETF, two main approvals are required in a specific order. First, the exchange seeking to list the ETF must obtain approval for a Rule 19b-4 filing. This filing requests SEC permission to change an exchange rule to list the new product.
This step has often been a stumbling block for crypto ETFs. The SEC evaluates whether there is a “market of significant size” to detect and deter manipulation, or if an alternative surveillance arrangement exists that achieves the same goal.
This standard was the issue in Grayscale’s case, forcing the SEC to clarify the criteria. That led to the approval of spot Bitcoin and Ethereum ETFs in 2024.
SEC orders said that oversight deals with markets like CME address manipulation. For Ethereum, exchanges could use correlation analysis to demonstrate that futures and spot prices move together.
Once the 19b-4 approval is in hand, the ETF issuer must submit an S-1 registration statement, detailing the fund’s structure, custodian, pricing, risks, and fees. The SEC reviews this document and may ask follow-up questions, as was the case with the Ether ETF. No trading can begin until the S-1 is declared effective.
In summary, the exchange must first obtain listing approval (19b-4), and the issuer must then obtain offering approval (Form S-1). Only when both approvals are granted can an ETF debut.
In 2025, the SEC introduced a generic-listing framework designed to make these two approval steps simpler for digital-asset ETFs that closely resemble previously approved products. While it certainly shortened the timeline, exchanges still need to demonstrate the underlying market’s liquidity and price reliability. For tokens like LINK, meeting both approval requirements remains challenging.
If a LINK ETF eventually clears all these steps, it could reshape how both crypto natives and everyday investors gain exposure to digital assets.
For the average person, it would mean buying LINK in the same brokerage account where they hold Apple stock or an S&P 500 fund.
No wallet setup, no seed phrases, no learning curve. Tax reporting would also be simpler: 1099 forms instead of the patchwork spreadsheets most self-custody users wrestle with every April.
However, convenience comes with trade-offs. ETF holders pay management fees and may face tracking differences, the small but persistent gap between an ETF’s price and the coin’s actual market value. Early on, spreads can be wide if trading volume is thin.
There’s also a conceptual cost: ETF investors won’t be using LINK in DeFi, staking it (yet), or voting on governance proposals. They’ll be holding exposure, not utility.
Advisors will most likely view altcoin ETFs as a niche asset class in a diversified portfolio, allocating perhaps only a few percentage points of total assets, balanced against the riskier volatility.
ETFs utilize authorized participants and market makers to maintain prices in line with their net asset value. For LINK, thinner markets mean large creations or redemptions could affect prices or DeFi liquidity.
If an ETF holds a significant amount of LINK, it could reduce liquidity on exchanges and staking pools, leading to more pronounced price swings in stressed markets. That’s why the SEC reviews custody and creation-redemption processes closely.
Staking adds complexity. If an ETF stakes LINK, the SEC would likely require more disclosures about the risks akin to BSOL, so it would be harder but entirely plausible.
DTCC’s role is operational, handling settlement and record-keeping. When LINK appeared in its data, it only meant a potential ETF was being readied for possible approval.
To distinguish real ETF progress from rumor, focus on official process steps: actual regulatory filings, not screenshots, indicate significant movement toward an ETF launch.
The market now has a clear template, thanks to Bitcoin, Ethereum, Solana, and now XRP; yet, each new asset will face its own liquidity and integrity tests. What matters most to investors is that the structure to make altcoin exposure mainstream is now in place. The next phase will determine who gets to walk through it.
DTCC tickers may cause excitement, but they are only a step in the ETF process. The process only concludes when both of the SEC’s approvals, 19b-4 and S-1, are officially granted.
When this happens, it will be evident through formal filings, not screenshots, marking the actual start of the ETF timeline.
The chance of a Chainlink ETF going live in 2025 sat around 30% but after today’s launch of XRPC from Canary Capital, the timeline could well be moved up.
So, keep an eye out for any of the filings mentioned above if you’re chomping at the bit to buy into a LINK ETF.
The post LINK ETF confirmed for 2025? XRP and SOL launches move up Chainlink timeline appeared first on CryptoSlate.
$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
For years, Strategy traded almost in lockstep with Bitcoin. But in recent months, that correlation has cracked:
This divergence has now created an unprecedented situation:
👉 Strategy’s market capitalization is now lower than the value of the Bitcoin it holds.
👉 Meaning: The market values the entire company at less than its Bitcoin balance.
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:
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.
Strategy has drastically reduced its BTC purchases:
This slowdown signals increasing difficulty raising capital.

Bitcoin accumulation by Strategy
To keep accumulating Bitcoin, Strategy turned heavily to preferred shares, which require dividend payments.
So far in 2025:
To pay these dividends, Strategy must often issue new common shares, which causes shareholder dilution — especially problematic when share prices are low.
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.
Not necessarily.
Strategy survived the 2022 bear market, during which:
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
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.

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.
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.
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.
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.
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:
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.
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.
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:
The forum highlights how real-world energy assets are merging with digital infrastructure at scale.
From dynamic grid tariffs to AI-driven maintenance, the 2025 program reveals strong momentum in digital grid intelligence.
Key innovations include:
These technologies represent the backbone of future electricity systems.

Battery Energy Storage Systems (BESS), electrification, and smart metering continue to accelerate across Europe.
Sessions such as:
…show how energy storage and predictive technologies are shaping the next decade of renewable infrastructure.
A. Structure of Future Energy Systems
B. System Stability & Grid Operations
C. Digitalization of the Electric Grid
D. Energy Economics & Market Design
You can click here to find out more.
Participants will have the opportunity to connect with experts from Germany’s leading energy research institutions, grid operators, and innovative companies across the renewable sector.
Industry investors and innovators—including Dennis Weidner, who has spent significant time researching China’s energy landscape and exploring investment pathways in RWA/tokenization—will also be present to exchange ideas with attendees.
Whether you specialize in renewable energy, grid digitalization, BESS, tokenization, energy markets, or infrastructure finance, this event offers deep insights into where Europe’s energy transition is heading.
🎟️ Use this 10% discount code for your ticket:
2259_FORUM25_Crypto_10
$Ethereum 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.
The chart above shows:
Now that $BTC broke below 100K, the historical correlation strongly suggests ETH will not hold the $3,200 floor this time.
If ETH loses the $3,200–$3,150 band:
🔻 $3,000 – psychological level: Likely to be tested quickly if BTC continues sliding.
🔻 $2,850 – $2,800 – major demand zone: This is the next real support on the macro chart. ETH should reach this area next if Bitcoin remains under pressure.
🔻 In an extreme flush: $2,650: Upside recovery only starts if ETH reclaims:
🔼 $3,350 – $3,480: Critical resistance cluster. Failure here = continuation down.
$Bitcoin has officially broken below the $100,000 psychological support, sending shockwaves across the crypto market. The 4H chart shows a sharp rejection from the $104K–106K resistance zone, followed by a steep selloff that accelerated once BTC slipped under the yellow support area.

BTC/USD 4-hours chart - TradingView
The break below $100K wasn’t just technical—it triggered panic selling, liquidations, and a massive imbalance in the order book, all visible in the depth chart.
$BTC is now trading around $98,500, with fear rising rapidly as traders reassess downside risks.
On the 4H chart:
The long-tested horizontal zone at $100,000 has acted as:
Once price slipped under it, the market reacted violently.
Stoch RSI is diving into oversold territory, suggesting short-term exhaustion—
…but not enough yet to prevent further downside if liquidity gets swept.
The depth chart clearly shows:

The order book shows a strong imbalance:
🔻 $98,300 – first bounce zone: (This area appears in both the trading chart and depth chart as a large liquidity pocket.)
🔻 $96,000 – $95,500: Stronger buy liquidity zone. If BTC continues falling, this is the next major support.
🔻 $92,000 – $90,000: A complete liquidity sweep may target this region if panic selling accelerates.
If BTC manages to reclaim $100K:
🔼 $102,000 – $103,500: First resistance cluster (21 EMA + sell wall)
🔼 $104,000 – $106,000: The key area where BTC was previously rejected. Must be broken to regain bullish structure.
🔼 $108,400: 200 SMA resistance on the 4H—major trend confirmation point.
The break below $100K triggered:
However, structurally:
The banking group warned that Sony's stablecoin charter could undermine consumer protections and bypass rules.
BlackRock’s iShares Bitcoin Trust totaled more than a quarter billion in investments, in the worst day of Bitcoin ETF outflows since February.
The case will hinge on evidence of whether competitors are truly blocked from Apple's iOS ecosystem, a legal expert told Decrypt.
Investors retreated across risk assets on Thursday as Bitcoin’s slide hints at fading demand and heavier long-term holder selling.
Canary's XRP fund opened with record activity for the year despite a broader market pullback that has weighed on crypto prices.
Ripple CTO David Schwartz sheds crucial light on XRP and XRP Ledger dynamics, highlighting one key reason why XRP has no issuer.
Friday on the crypto market opens up with pressure as XRP suffers an 800% liquidation imbalance, SHIB meme coin erases $420 million in value in a day and Bitcoin slips under $100,000 as Binance founder CZ delivers cryptic remark.
Crypto advocate Paul Barron pokes BlackRock for missing out on XRP ETF amid massive opening volume
Bitcoin's three-day plunge to $97,000 triggered a $600 million realized-loss spike and midterm holder capitulation, yet Samson Mow believes the move is nothing more than a bear trap.
Canarary Capital's XRP ETF has registered the biggest trading volume out of more than 900 ETFs that have debut in 2025
Strategy Inc stock fell Thursday as Bitcoin weakness spread across crypto-linked equities. Shares closed down 5.90% at $211.35, hovering near the 52-week low of $219.68.
MicroStrategy Incorporated, MSTR
Bitcoin declined 3% to $98,588. The selloff comes as market participants question whether Bitcoin’s traditional four-year cycle is still intact.
Analyst Scott Melker pointed out that Bitcoin’s prior peaks happened 1,060 to 1,070 days after major lows. The current market sits about 1,080 days past its last bottom. Yet the expected euphoria phase hasn’t materialized.
Altcoin activity remains muted. Investor sentiment stays negative. Many participants already exited positions early.
Melker theorizes that traders may have weakened the cycle by anticipating moves too soon. Bitcoin might now enter a longer, liquidity-driven period extending into 2026.
Strategy’s market cap briefly dropped below its Bitcoin holdings value on November 13. This unusual situation reflects changing investor attitudes toward corporate crypto structures.
The company owns roughly 641,692 Bitcoin. With prices ranging between $98,000 and $105,000, those holdings total approximately $66.6 billion.
Strategy’s market capitalization fell to about $65.3 billion during trading. Investors effectively valued the company’s equity below its digital asset portfolio.
This represents a dramatic reversal. Strategy stock historically commanded a premium over its Bitcoin value. Investors paid extra for leverage and potential upside.
That premium has now vanished. The shift shows growing preference for direct Bitcoin access through exchange-traded funds rather than corporate vehicles.
Strategy funded its Bitcoin acquisitions through convertible debt and share issuances. This strategy boosted exposure during bull markets. It also created dilution concerns for existing shareholders.
The company’s balance sheet includes billions in convertible bonds and preferred shares. Leverage amplifies both potential gains and losses.
Market observers note Strategy once traded at 3x its Bitcoin value. Now it trades roughly at parity. Retail buyers previously used Strategy as a Bitcoin proxy before ETF approval.
Spot Bitcoin ETFs now offer simpler, lower-cost access. Capital is flowing toward these vehicles instead of leveraged corporate options.
EVP Shao Wei-Ming sold 2,600 shares for $581,535 at $223.67 on November 14. The sale followed his predetermined Rule 10b5-1 trading plan.
Earlier that week, he sold 10,668 shares on November 10-11. Those transactions brought in roughly $2.58 million at prices from $234.74 to $249.55.
Shao’s 2025 sales total tens of millions. He sold 52,500 shares in July for over $21 million. October sales of 30,000 shares generated about $10.7 million.
These transactions align with his retirement planning. The sales were scheduled well before his retirement announcement.
Shao retains 12,726 Class A shares after these transactions, plus preferred stock holdings.
BitMEX Research noted that Strategy’s enterprise value, including debt, stands around $76 billion. That’s approximately 20% above its Bitcoin holdings value.
The company reported third-quarter results in October. Bitcoin holdings reached 640,808 as of October 26. Strategy generated 26.0% Bitcoin Yield and $12.9 billion in gains year-to-date.
Analyst opinions remain divided. Monness, Crespi and Hardt upgraded from Sell to Neutral on November 10. Canaccord Genuity and HC Wainwright kept Buy ratings with price targets at $474 and $475.
The post Strategy (MSTR) Stock Falls as Market Cap Drops Below Bitcoin Holdings Value appeared first on Blockonomi.
[Dubai, UAE] — SACHI, the upcoming blockchain-based gaming ecosystem, is kicking off “SACHI: The Origin”, a five-day NFT pre-launch event celebrating the first generation of SACHI players. The campaign runs November 12-17, offering only 200 exclusive NFTs, known as The SACHI OGs.
Each NFT represents a piece of SACHI history and a symbolic badge of early adoption. Holders gain early access to the closed beta, starter in-game perks, and eligibility for future rewards once the game and $SACHI token officially launch.
“The Origin is where the SACHI story begins,” said Jonas Martisius, CEO at SACHI. “These NFTs aren’t just collectibles – they’re a signal that you helped start the movement before the $SACHI token launch. They mark who was here first, and that’s something worth celebrating.”
Why SACHI: The Origin Matters
The Origin NFT Drop is designed as a social ignition, building hype and engagement in the final days before the Token Generation Event (TGE). By minting an Origin NFT, players are not only claiming a rare digital collectible but also joining the earliest wave of SACHI supporters – helping shape the community from day one.
Key Highlights:
The Origin mint is first-come, first-served – only 200 NFTs will ever exist. The window closes once they’re gone or just before SACHI’s game launch, scheduled a few days after the $SACHI TGE on November 19. Early participants have only a short time to claim their NFT and secure verified OG status in the SACHI universe.
About SACHI
SACHI is an Immersive Gaming Universe that blends social competition, adventure, and iGaming. The platform is designed to reward players not just for gameplay but also for community engagement, creativity, and early participation.
By integrating blockchain-based NFTs, tokenized rewards, and exclusive community perks, SACHI aims to create a vibrant, self-sustaining ecosystem where players are truly part of the story.
The Origin marks the beginning of that journey – offering a first chance to engage with the platform and claim a lasting stake in its history. With a focus on community, scarcity, and meaningful rewards, SACHI positions its early adopters as the foundation of its growing universe.
The Time to Claim Your Legacy
Don’t miss your chance to secure permanent recognition and expedited access in the SACHI Universe:
– Visit our website: https://sachi.game/
– Follow the movement on X: @join_sachi
– Join the conversation on Telegram: t.me/sachigame
Media Contact:
Jonas Martisius
CEO of SACHI
jonas@sachi.game
+359879164806
The post SACHI Announces “The Origin” – Exclusive NFT Mint Ahead of $SACHI Token Launch appeared first on Blockonomi.
The European Commission has put forward a proposal to centralize cryptocurrency regulation, placing significant oversight under the European Securities and Markets Authority (ESMA). This move aims to enhance control over major crypto exchanges and address growing concerns over security risks and money laundering. The proposal seeks to tighten oversight within the European Union (EU), affecting how large crypto service providers operate across member states.
Currently, crypto firms in the EU can operate by registering in just one country, allowing them to offer services across the entire bloc. This structure, which is part of the Markets in Cryptoassets (MiCA) rules, means that national regulators are primarily responsible for overseeing local market activities. However, the European Commission’s draft proposal would grant ESMA direct supervisory powers over all crypto service providers in the EU, including exchanges like OKX, which has already secured a MiCA license.
The push for a more centralized system largely stems from concerns within France’s regulatory body. Recent incidents, such as the 2025 Bybit hack, have highlighted vulnerabilities, particularly in exchanges with substantial international operations. With some exchanges now holding a MiCA license in the EU, their global operations still expose the region to risks, raising alarms about investor protection and market stability.
Several European Union countries, including France, Austria, and Italy, have supported the proposal, particularly in terms of overseeing larger crypto exchanges. However, the draft remains in its early stages and is still awaiting approval by both the European Parliament and the Council of Member States. Some countries argue that keeping regulation at the national level for smaller businesses could allow for more detailed oversight.
If passed, the proposal could create new layers of compliance for major crypto firms. Industry experts, including Robert Kopitsch from Blockchain for Europe, have warned that extending ESMA’s oversight could introduce legal uncertainties. While national regulators have closer relationships with companies, ESMA’s broader, cross-border scope may result in less granular monitoring of crypto activities. As the draft proposal awaits further approval, the European Commission’s move could reshape how cryptocurrency operates within the EU.
The post European Commission Proposes Centralized Crypto Oversight by ESMA appeared first on Blockonomi.
Alibaba Group announced a new AI-driven subscription service for its B2B platform. The service costs $20 monthly or $99 annually.
Alibaba.com President Kuo Zhang revealed the plans at the CoCreate Europe event in London. He described the move as a complete redesign of global trade operations.
Alibaba Group Holding Limited, BABA
The AI subscription helps businesses locate suppliers through enhanced search technology. It also provides automated price comparisons across multiple vendors.
“We feel the urgency that we need to use AI to redesign how people do global trade,” Zhang told CNBC. He called it a paradigm shift for B2B e-commerce.
The company will roll out “AI Mode” in December. This feature integrates agentic AI directly into the Alibaba.com platform.
The platform runs on Accio, an advanced search and multimodal analysis engine. Accio identifies unlisted and niche suppliers with specific manufacturing capabilities.
The system automates multiple business processes. These include supplier discovery, logistics coordination, and regulatory compliance checks.
Buyers can use the AI to match their requirements with suppliers they might not find through traditional searches. The technology analyzes product specifications and manufacturing capabilities to create optimal matches.
Alibaba continues consolidating its AI products under the Qwen brand. The company reported strong cloud and AI product demand in recent quarterly results.
Alibaba is collaborating with JPMorgan on a tokenization system for international payments. The technology uses blockchain to simplify cross-border transactions.
Zhang explained the system eliminates the need for payments to route through multiple banks worldwide. US and European buyers can send payments that convert directly without traditional banking intermediaries.
JPMorgan provides its existing tokenization infrastructure for the partnership. The solution functions like stablecoins but operates within JPMorgan’s regulated framework.
The payment system targets the complexity of B2B international transactions. It aims to reduce processing time and transaction costs for platform users.
JPMorgan announced expanded Dubai operations on the same day. The bank is increasing focus on midcap companies across global markets.
The Dubai office will serve as a regional hub for medium-sized enterprise services. This expansion aligns with JPMorgan’s growth strategy in the midcap sector.
The Accio engine begins processing supplier matches when AI Mode launches in December. Subscription pricing remains fixed at $20 per month or $99 annually for B2B platform access.
The post Alibaba (BABA) Stock: AI Subscription Platform Launches with JPMorgan Payment System appeared first on Blockonomi.
Recent days have not been kind to altcoins. The Ondo token decline underscores investor fatigue toward tokenised asset projects, while Pepe (PEPE) trading volume has swelled on speculative bursts that feel more like roulette than conviction. Together they tell a story of a market searching for substance amid noise, where short-term euphoria rarely translates into durable value.
And yet, quietly, another kind of architecture is forming. BlockchainFX (BFX) proposes not another token, but a financial engine. Its compounding revenue loop turns platform fees into stablecoin rewards, staking into scarcity, scarcity into price strength, and growth into a self-reinforcing cycle, an idea that some call the best upcoming crypto 2025. The presale, it seems, may be less about entry and more about ignition.
At the heart of BlockchainFX is a loop that seems designed to reward time, not speculation. Every trade on the platform channels fees directly back to users, half redistributed as daily USDT payouts to those who stake, and another portion allocated to buying back and burning the project’s own token. Each cycle locks more supply and boosts demand, forming a rhythm that few platforms manage to sustain.
This model explains why many now mention BlockchainFX when discussing the best upcoming crypto 2025. Its structure encourages holders to stay rather than trade, creating a base of long-term participants whose staking activity tightens circulating supply. As price momentum builds, it naturally draws new traders, feeding the very system that rewarded the early ones.
The figures behind the concept add weight. The project’s presale has raised over $10.3 million from more than 15,000 participants, with the final stage pricing $BFX at $0.029 ahead of a $0.05 public listing. The beta app already reports 10,000 daily users trading 500 assets, showing the loop isn’t just theoretical. Many view this presale as entry before the engine fully activates, an early window into what could define the best upcoming crypto 2025 by sheer design efficiency.

The Ondo token decline has drawn attention from traders who once viewed the project as the frontrunner for tokenized real-world assets. Trading near $0.61–$0.63, ONDO has slipped by roughly 10% over the week, with some reports citing losses as steep as 16%. Despite partnerships with institutions like BX Digital and expansions into regulated tokenized products, the market response has been muted. Analysts suggest the fall is tied less to fundamentals and more to short-term sentiment, profit-taking after previous rallies, macro weakness, and technical corrections that often plague mid-cap altcoins.
What makes the Ondo token decline more interesting is its timing. The project continues to push out credible partnerships and infrastructure developments while its price lags behind the narrative. This disconnect hints at a cautious investor base waiting for tangible adoption data before re-entering. It also reflects how the current market rewards proven utility over potential. ONDO’s ability to reverse its downtrend may depend on whether its institutional focus can translate into consistent on-chain demand, a reminder that, even in the RWA sector, execution speaks louder than announcements.
The surge in Pepe (PEPE) trading volume this month has turned the meme token into one of the market’s busiest assets. With daily volumes reported between $600 million and nearly $1 billion across major exchanges, PEPE has sustained liquidity levels that rival blue-chip altcoins. Data from CoinGecko and Binance show activity climbing more than 30% in 24 hours, a sign that the token continues to draw traders chasing volatility rather than fundamentals. While the price action has remained largely range-bound, the volume indicates an influx of speculative capital rotating through meme tokens during periods of broader market pause.
This level of Pepe (PEPE) trading volume also reflects the token’s role as a sentiment gauge. When liquidity spikes in meme assets, it often signals traders testing short-term momentum before committing to higher-cap projects. PEPE’s endurance through several market corrections shows how liquidity itself can sustain a community-driven asset, even without fresh catalysts. Still, high turnover cuts both ways: it provides opportunity but also magnifies risk. For many, PEPE’s continued prominence demonstrates the staying power of meme tokens, but also the absence of stable conviction across the speculative end of crypto.

The Ondo token decline and fluctuating Pepe (PEPE) trading volume show two sides of today’s market. One suffers from investor hesitation despite credible partnerships, while the other thrives on speculative energy. Both underline a key truth, momentum without structure rarely sustains. Traders are learning that volume or hype alone can’t preserve long-term value without a reinforcing economic model beneath it.
That’s where BlockchainFX finds its distinction. Its fee-driven cycle of rewards, staking, and buybacks forms an engine that strengthens as usage grows. Each transaction fuels scarcity, and each reward deepens user commitment, a design built to scale, not stall. It’s why many see BlockchainFX not as another trend, but as the best upcoming crypto 2025, where sustainability drives growth rather than speculation.
Find Out More on:
Website: https://blockchainfx.com/
X: https://x.com/BlockchainFXcom
Telegram Chat: https://t.me/blockchainfx_chat
The post The Best Upcoming Crypto 2025: BlockchainFX Shows Better Prospects than Ondo & Pepe Price Forecasts appeared first on Blockonomi.
Bitcoin’s 24-hour-long nosedive continues in full force as the asset just dug a new six-month low of under $96,000 after losing more than ten grand in just three days.
Although there are no evident significant reasons behind this market-wide calamity, unlike the April crash that was fueled by tariff uncertainty, a new rumor is circulating that Strategy might have started to sell off some of its BTC holdings.
The speculation began from a rather shady profile with just 10,000 followers on X, which is known for making such bold (and often incorrect) statements in the past. However, it picked up the pace when high-profile market observers and commentators, such as Crypto Tony (an account with over 550,000 followers), reshared it.
Nevertheless, the crypto community was quick to refute the rumors, indicating that it was most likely an internal shuffle between wallets. This was later confirmed by Lookonchain, which even stated that the actual transfer is worth almost $5.8 billion, not just $1 billion as the first post claimed.
Strategy(@Strategy) moved 58,915 $BTC($5.77B) to new wallets today, likely for custody purposes.https://t.co/FgZG2ZWlVi pic.twitter.com/fimqXsgLH0
— Lookonchain (@lookonchain) November 14, 2025
Michael Saylor, the co-founder and former CEO of Strategy, has repeatedly outlined in the past that the company has no intention to sell any of its BTC holdings. Additionally, it continues to accumulate almost weekly for over a year now and holds more than 641,000 BTC as of press time.
Even though the Strategy sale rumors seem to be precisely that, bitcoin’s price has been in a free-fall state for over a day. It jumped to $104,000 yesterday after US President Trump signed legislation to end the government shutdown, but quickly erased the gains and nosedived below $100,000.
It kept dropping in the following hours and on Friday, and plunged to $95,500 minutes ago to mark its lowest price level since May. The liquidations continue to grow and are up to $1.2 billion on CoinGlass, with over 260,000 traders wrecked daily.

The post Bitcoin Slips Toward $95K as Strategy Transfer Fuels $1B Sale Speculation appeared first on CryptoPotato.
Ripple’s cross-border token has experienced substantial volatility over the past several days and is currently in the red on a daily scale. Dogecoin (DOGE) also posted substantial losses despite the accumulation efforts of the whales.
In this article, we will focus on the performance of these cryptocurrencies and examine the latest developments surrounding Shiba Inu (SHIB).
Ripple’s token surged to nearly $2.60 on November 11, likely driven by investor excitement surrounding the launch of Canary Capital’s spot XRP ETF in the US. The fund began trading on November 13, but the asset’s price headed south in what could have been explained as a classic “sell-the-news” event.
Another factor potentially hurting the coin’s performance is the broader pullback of the crypto market, where Bitcoin (BTC) tumbled well below $100,000, while Ethereum (ETH) plunged to approximately $3,100. Meanwhile, whales have sold a substantial amount of XRP tokens over the past month, which could also have contributed.
Currently, the asset is worth around $2.28 (per CoinGecko’s data), representing a 9% decline on a 24-hour scale and a significant retreat from the all-time high of $3.65 reached this summer.
Some analysts, though, remain optimistic that a rebound might be on the way. Just a few days ago, X user Levi suggested that XRP has formed a “cup and handle” setup on its chart, which could be a precursor of a major rally to $5 by the end of 2025.
The biggest meme coin is also deep in red territory, with its valuation sinking by 8% for the day to $0.16. It is worth noting that the correction occurs despite the increased whale activity.
Over the past 14 days, the large Dogecoin investors have scooped up 4.72 billion tokens, thus increasing their total holdings to 32.4 billion, or around 21% of the coin’s circulating supply.
Such accumulations may influence smaller players to join the ecosystem and have a positive effect on the price. Additionally, they reduce the amount of DOGE available on the market, which, combined with steady or rising demand, can trigger a pump.
Shiba Inu, which is also far from its glory days, recently teamed up with the blockchain-based mobile edge network Unity Nodes to unlock “real-world utility.” As a result, users will have the opportunity to purchase Nodes with SHIB, earn rewards, and receive specific bonuses when paying with the token.
The SHIB Army reacted to the news with solid excitement, but the meme coin failed to post any significant gains. As of this writing, it trades at roughly $0.000009119, representing a 2% decline on a weekly scale.
Additionally, the low Shibarium activity and the recent shift from self-custody methods to centralized exchanges suggest that Shiba Inu may suffer further losses in the short term.
The post Ripple (XRP) Price Turmoil, Dogecoin (DOGE) Whales Wake up, and More: Bits Recap Nov 14 appeared first on CryptoPotato.
Ethereum (ETH) dropped sharply over the past 24 hours, losing nearly 10% to trade below $3,200. The latest plunge extended a week-long decline that has pressured the broader cryptocurrency market.
Despite the downturn, accumulation continued across multiple wallets.
Lookonchain reported that BitMine Immersion Technologies, the Ethereum-focused digital asset treasury (DAT) firm led by Wall Street strategist Thomas Lee, remains active in the market. The on-chain analytics platform identified a new wallet, likely linked to the company, receiving 9,176 ETH from the Galaxy Digital OTC wallet. This stash is worth around $29.14 million.
Ethereum longs have also been increasing, particularly among high-profile investors. Taiwanese music celebrity and digital asset investor Jeffrey Huang, known on-chain as “Machi Big Brother,” along with his brother “Machi Small Brother,” are both long ETH and currently in the red.
As prices fell, Machi Big Brother added 7,400.7 ETH (worth $23.55 million) on Hyperliquid with a liquidation price of $3,040.6, while Machi Small Brother deposited 5,000 ETH (valued at $15.9 million) and additional margin to avoid liquidation, with a liquidation price of $2,794.71.
Meanwhile, another whale investor 66kETHBorrow added another 16,937 ETH, which is worth $53.91 million, raising total purchases to 422,175 ETH, around $1.34 billion. These transactions indicate continued institutional and whale accumulation despite Ethereum’s recent sharp decline.
Crypto analyst Ali Martinez reported that 2.53 million ETH were bought at around $3,150, which essentially means that this level has become a strong support zone as buyers stepped in heavily during the recent price drop. However, not all investor cohorts are reacting the same way to the price drop.
Glassnode’s latest analysis shows that long-term Ethereum holders have sharply increased their spending activity during the recent market pullback. Since late August, as ETH retreated from its peak, wallets holding ETH for 3 to 10 years have accelerated their average daily distribution to more than 45,000 ETH per day based on the 90-day simple moving average. This surge is the highest spending level from seasoned investors since February 2021, which indicates that a segment of long-term holders is taking profits or reallocating as market conditions weaken.
The post ETH Crashes 10%, Smart Money Piles In as Whales and Institutions Double Down appeared first on CryptoPotato.
The cryptocurrency market has undergone a significant correction, erasing a major portion of the year’s earlier gains. Total market capitalization has contracted more than 20% since October, dropping from roughly $4.4 trillion to about $3.32 trillion. Bitcoin’s retreat below $100,000 and Ethereum’s slide into the mid-$3,000 range triggered widespread liquidations as leveraged positions were forced to unwind across major exchanges.
This downturn arrived alongside a risk-off rotation in global equities, amplifying caution across traditional and digital markets. Analysts note similarities to past reset periods where fear temporarily dominated before liquidity gradually returned. A recent note from QCP Capital described this phase as “a temporary pause,” pointing out that sentiment remains fragile yet not fundamentally broken.

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

The current backdrop mirrors that behavior. Trading firms and high-net-worth investors are shifting attention away from hype-only tokens and toward ecosystems demonstrating real architecture, transparent mechanics, and verifiable development progress. This shift has amplified interest in projects with clearly defined economic logic rather than the ambiguous models that dominated earlier in the cycle.
XRP Tundra fits this transition point. Its dual-chain system, clear token roles, documented staking roadmap, and public audits align with the traits that tend to outperform during consolidation phases. Participation has remained resilient across the downturn because its value proposition does not rely on short-term market momentum; instead, it leans on predictable processes that make sense to long-horizon participants.
The project’s Phase 11 presale continues at $0.183 per TUNDRA-S with a 9% token bonus, paired with TUNDRA-X at a reference value of $0.0915. These are the only active metrics for the current stage, and buyers are treating them as structured entry points rather than speculative gambles.
Despite the broader correction, XRP Tundra has generated more than $2.5 million in presale contributions and distributed over $32,000 in bonus rewards through the Arctic Spinner system. The reward wheel remains an active driver of engagement, with new buyers returning daily for the free spin, increasing the ecosystem’s user depth even when market volumes fall elsewhere.
Additional visibility came through Crypto Volt’s YouTube channel, where the analyst noted that audited ecosystems with transparent presale mechanics tend to preserve inflows even during market-wide sell-offs.
The dual-token structure sits at the center of XRP Tundra’s long-term resilience. TUNDRA-S manages utility, yield generation and future staking rewards, while TUNDRA-X represents governance, reserves, and system oversight. Separating the economic roles prevents both tokens from competing for the same liquidity and eliminates the dilution loops that often destabilize single-token models in early-stage projects.
This architecture also shapes how value flows once staking activates. The Cryo Vault framework — Liquid, Balanced and Premium tiers — assigns distinct lock periods and reward structures, allowing participants to choose between flexibility and higher APY. TUNDRA-S becomes the engine of the system, while TUNDRA-X provides the reserve weight behind its stability. Early buyers gain guaranteed access to all vaults once they go live, giving presale participants a structural advantage over post-launch entrants.

This approach aligns with the project’s liquidity infrastructure as well. The use of DAMM V2 on the Solana side allows TUNDRA-S to interact with pools that apply dynamic fees and anti-dump mechanisms during the opening liquidity phase. Once vaults activate, fee revenue generated by early trading cycles can be routed into the reward structure, strengthening the correlation between ecosystem usage and staking output.
Credibility has become a defining filter during bearish markets, and XRP Tundra places verification at the center of its development. The project has completed three independent audits — each publicly accessible for review through Cyberscope, Solidproof, and FreshCoins.
The development team is also fully verified through Vital Block’s KYC certification, adding a layer of accountability rarely found in early-stage presale ecosystems.
These validations provide traceable proof of smart-contract integrity and team transparency. As speculative inflows weaken across the sector, projects built on verifiable structure are retaining participation, and XRP Tundra remains one of the clearest examples of stability supported by documented oversight.
For those researching whether XRP Tundra is legit, they can check the following article.
Fear-driven corrections have repeatedly acted as the starting point for new capital rotations. XRP Tundra’s sustained engagement, dual-chain model, and transparent economics indicate that accumulation is still taking place beneath the surface of the broader downturn. Early presale wallets continue to hold and add to their positions, showing that buyers view the current phase as an opportunity rather than a setback.
As the market stabilizes, ecosystems grounded in documented structure often emerge stronger than before, and XRP Tundra is already displaying the kind of steady participation that typically precedes renewed momentum.

Interested investors can secure their allocation early and follow ongoing updates as conditions evolve.
Check Tundra Now: XRP Tundra website
Security and Trust: KYC verification
Join the Community: X (Twitter)
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 Learn Why Recent Crypto Market Downturn Could Be The Calm Before The Storm For XRP Tundra appeared first on CryptoPotato.
In line with the rest of the cryptocurrency market, Ripple’s native token turned dark red today with a notable 9% drop that pushed it south to under $2.30 as of press time.
Trading volumes have picked up to more than $7 billion on crypto exchanges, but the interest in the token seems to be growing due to the launch of the first US-based spot XRP ETF that has a 100% exposure to the asset.
CryptoPotato reported yesterday that the last hurdle for Canary Capital’s XRPC fund had been resolved after the US SEC failed to object to its launch and the Nasdaq published the official listing notice. Hours later, the financial vehicle went live and broke SOL’s record for trading volumes on the launch day.
Although this sounds like a bullish development, there was a warning hidden in the first report. In the few days leading up to the ETF release, on-chain data showed that the 7-day moving average of XRP’s Exchange Network into Binance had turned positive, which typically suggests that large holders (known as whales) are moving significant quantities of the asset onto trading platforms, with the likely intention to sell.
This aligned with previous warning signs coming from such market participants. In fact, whales had sold off roughly 1.4 billion tokens in the span of just a month or so, which not only increases the immediate selling pressure but could serve as an example for retail investors to abandon ship.
Consequently, even though the most probable reason for XRP’s plunge today is the overall market correction that drove the entire capitalization south by $200 billion in 24 hours, there could be a bigger story.
The investor exodus from above and previous AI claims that the ETF launch will inevitably become a classic ‘sell-the-news’ event are also among the main culprits behind XRP’s nosedive from $2.52 to $2.28.
The good news for the short term is that the token dumped to a buy wall located at around $2.20, which previously held during a correction. It currently serves as the first substantial support area before a drop to $2.00.
$XRP has reach a buy all again. pic.twitter.com/KT54RT8BgE
— CW (@CW8900) November 14, 2025
The post Why Is Ripple’s (XRP) Price Down Today (November 14)? appeared first on CryptoPotato.