Bitcoin Cash Edges Higher 0.71% to $524.31 Breaking Above $520 Resistance
Bitcoin Cash (BCH) rose 0.71% to $524.31, breaking above the key $520 resistance level and posting a 26% volume surge over its weekly average. The move outperformed the broader crypto market by 4.75% and was backed by a peak 24‑hour trade of 46,349 units, confirming genuine buying pressure. Analysts see the $520 breakout as a bullish signal with the next resistance target at $530‑$531 and upside potential toward $540‑$550. The technical rally occurred without a fundamental catalyst, suggesting institutional accumulation may be driving the price action.
Bitcoin Slides to $105K After Resistance Rejection as 'Death Cross' Looms
Bitcoin fell to about $105,000 after failing to hold above the $107,250 resistance that was previously support, confirming a bearish breakdown in Asian trading. The move reinforces the approach of a “death cross,” where the 50‑day simple moving average is...
Bitcoin Traders Eye Seasonal 'Santa Rally' As Fed Moves Spur Volatility Hopes
Bitcoin is poised for a potential "Santa Claus Rally" in December, as analysts cite strategic accumulation by long‑term holders and expectations of U.S. liquidity‑easing measures such as a proposed $2,000 tariff dividend stimulus. Historical data shows Bitcoin ending six of...
Asia Morning Briefing: Hong Kong’s FinTech Week Belonged to Stablecoins, Not CBDCs
At Hong Kong’s FinTech Week, the focus shifted from central bank digital currencies (CBDCs) to stablecoins, with banks and regulators highlighting tokenized deposits and HKD‑backed stablecoins. The change reflects a broader global trend, exemplified by Brazil’s pause on its CBDC...
BNY Sees Stablecoins, Tokenized Cash Hitting $3.6T by 2030 Amid Institutional Adoption
BNY Mellon projects that stablecoins and tokenized cash could grow to $3.6 trillion by 2030, with stablecoins alone representing about $1.5 trillion of that value. The expansion is fueled by accelerating institutional demand and a maturing regulatory landscape, including the EU’s MiCA...
U.S. Clears Way for Crypto ETPs to Get Into Yield Without Triggering Tax Problems
The U.S. Internal Revenue Service issued a safe‑harbor guidance that allows crypto exchange‑traded products (ETPs) to stake proof‑of‑stake assets without losing their tax‑exempt trust status, effective immediately. The rule removes a key legal obstacle for fund sponsors, custodians and asset...
Senate Ag Releases Long-Awaited Version of Crypto Market Structure Legislation
The Senate Agriculture Committee on Nov. 10 released a draft crypto market‑structure bill that outlines how the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) would share oversight of spot‑market trading and related intermediaries. The draft,...
Uniswap Proposes Sweeping ‘UNIfication’ With UNI Burn and Protocol Fee Overhaul
Uniswap Labs and the Uniswap Foundation have filed a sweeping governance proposal dubbed “UNIfication” that would activate protocol fees, burn a retroactive 100 million UNI from the treasury and route future trading fees – including those from the Unichain layer‑2 –...
Crypto Wallet Exodus Acquiring Grateful to Expand Stablecoin Payments in Latin America
Exodus Movement announced the acquisition of Uruguay‑based Grateful, a stablecoin‑payment platform for merchants, to broaden its digital‑payments footprint in Latin America. Grateful’s tools enable wallet‑to‑wallet, QR point‑of‑sale and on‑chain invoicing, allowing gig workers and small businesses to accept and convert...
ICP Falls 11.2% to $6.69 After Losing Key $7.00 Support
ICP token slid 11.2% to $6.69, breaking the key $7.00 technical support after a rally that peaked at $8.76 last week. The move was confirmed by a volume spike to 6.31 million tokens, roughly 94% above the 24‑hour average. Analysts now...
WIF Surged 5% to $0.497 Before Retreating as Profit-Taking Emerged
Dogwifhat (WIF) jumped 5% to $0.497 on Nov 10, breaking the $0.4840 resistance line with a 98% volume surge that pushed trading to 12.51 M shares, before profit‑taking at the peak forced a pullback to a $0.491 close. The token had been...
BONK Rises 1.7% as Breakout Momentum Holds
BONK, the Solana‑based meme token, climbed 1.7% to $0.00001332, breaking the key resistance level of $0.00001320. Trading volume surged to 850.8 billion tokens, an 82% increase over the 24‑hour average, confirming the breakout pattern. The token is now trading in a...
Bybit Said to Be in Talks to Buy South Korean Exchange Korbit: Report
Bybit, the world’s second‑largest crypto exchange, is reportedly in talks to acquire South Korean platform Korbit, according to Maeil Business. Bybit’s spokesperson said the firm has no knowledge of the rumored deal. The talks come as South Korean regulators have...
Tom Lee's BitMine Immersion Bought Last Week's Ether Dip, Adding 110K Tokens to Holdings
BitMine Immersion Technologies (BMNR) purchased roughly $400 million of ether last week, adding 110,288 ETH and pushing its total holdings above 3.5 million tokens – about 2.9 % of the global supply. The firm’s unencumbered cash rose to $398 million and its shares jumped...
EToro Third-Quarter Results Top Estimates on Crypto Trading Strength, KBW Says
eToro reported third‑quarter adjusted EBITDA of $78 million, surpassing KBW’s $70 million estimate, driven by a surge in crypto trading revenue that generated $56 million versus the $36.3 million forecast. GAAP net income rose 48% year‑over‑year to $57 million and total net contribution reached $215 million,...
Coinbase's New Platform Brings Back Digital Token Offerings
Coinbase announced a new token‑sale platform that will host roughly one public offering per month, using a week‑long request window and an algorithmic allocation to replace the first‑come‑first‑served model. The inaugural sale, slated for next week, will feature layer‑1 blockchain...
Hong Kong to Issue Third Blockchain-Based Green Bond Sale: Bloomberg
Hong Kong is set to launch its third blockchain‑based government green bond sale since 2023, offering notes in U.S. dollars, euros, offshore yuan and Hong Kong dollars. The digitally native bonds, backed by the Hong Kong government and rated AA+...
Rumble Shares Soar on Tether Partnerships, Planned Northern Data Acquisition
Rumble announced it will acquire AI‑HPC firm Northern Data AG, adding roughly 22,400 Nvidia GPUs and expanding cloud capacity to about 180 MW, valuing the combined company at approximately $767 million. Stablecoin issuer Tether committed up to $150 million for GPU services and...
Crypto Markets Today: Altcoins Surge as Bitcoin Rebounds to $106.5K on U.S. Dividend Optimism
Bitcoin rebounded to roughly $106,500, up about 4% in 24 hours, while its market dominance slipped to 59.1% as altcoins such as XRP, XLM and HBAR posted double‑digit gains. Total value locked in DeFi climbed to $142.8 billion, driven by 20%...
Crypto Equities Move Higher Pre-Market, But There’s a Twist
Bitcoin surged past $106,000 on Monday, retaking the 365‑day moving average near $102,444, while a CME futures gap around $104,170 hints at a possible short‑term pullback. The rally lifted crypto‑related and AI‑linked equities in pre‑market trading, with Galaxy Digital up...
Is This the Indicator That Bitcoin Treasury Companies Have Hit a Bottom?
Jim Chanos ended an 11‑month short on Strategy (MSTR) after the company’s multiple net‑asset‑value (mNAV) compressed from 2.5× to 1.23×, erasing the premium that once justified his bet. The move comes as other bitcoin‑treasury firms such as Metaplanet and KindlyMD...
Zcash Privacy Meets Solana DeFi with Zenrock’s Wrapped ZEC Crossing $15M in Volume
Zenrock launched zenZEC, a wrapped Zcash token on Solana, and it has generated roughly $15 million in trading volume since its Oct. 31 debut. The token combines Zcash’s zero‑knowledge privacy with Solana’s high‑speed, low‑cost infrastructure, using Zenrock’s decentralized multi‑party computation (MPC) network...
Ledger Eyes New York IPO or Fund Raise: Report
Ledger, the French maker of cryptocurrency hardware wallets that safeguards roughly $100 billion in bitcoin, is weighing a New York initial public offering or a private financing round next year, according to the Financial Times. CEO Pascal Gauthier said he is spending...
Asia Morning Briefing: Bitcoin Rebounds as Polymarket Traders Bet U.S. Shutdown Will End Within Days
Bitcoin surged 4.2% to $106,269 and Ethereum jumped 7.4% to $3,643 after a bipartisan Senate funding deal raised odds that the U.S. government shutdown will end by mid‑week, according to Polymarket. The market’s perception of a shutdown resolution flipped from...
Crypto Prices Rise as Trump Announces ‘At Least’ $2K Tariff Dividend Per American
U.S. President Donald Trump announced a plan to pay a tariff‑funded dividend of at least $2,000 per person, prompting a modest rally in crypto markets. Bitcoin rose about 1.9% to roughly $103,000, Ether gained nearly 5% to above $3,500, and...
U.S. Regulator That May Rule Over Digital Assets Pushing Toward Crypto Spot Trading
Acting CFTC Chairman Caroline Pham is meeting directly with regulated exchanges to launch retail spot‑crypto products, such as Bitcoin and Ether, as early as next month, even though Congress has not yet granted the agency explicit authority over spot markets....
Wall Street Is Bought in On Crypto’s Upside Potential, But Not Its Tech
Wall Street’s institutional appetite for crypto has surged, with record inflows into Bitcoin ETFs and new spot products from firms like BlackRock, Fidelity and VanEck, yet the bulk of trading, settlement and market‑making remains off‑chain. Institutions avoid on‑chain execution because...
Spain’s Civil Guard Arrests Alleged Leader of 260M Euro Crypto-Linked Ponzi Scheme
Spanish Civil Guard arrested A.R., known online as “CryptoSpain,” alleged leader of the Madeira Invest Club, a cross‑border Ponzi scheme that raised roughly €260 million from more than 3,000 investors by promising guaranteed returns on contracts tied to cryptocurrency, gold, luxury...
The Great Korean Pivot: From Memecoins to Machine Chips
South Korean crypto exchanges saw daily volumes plunge up to 80% YoY, with Upbit falling from $9 bn to $1.8 bn and Bithumb losing two‑thirds of liquidity. Retail investors have migrated to the equity market, driving the KOSPI up more than 70%...
Long DATs, Short Futures: A New Wrinkle On The Basis Trade
CoinFund’s Chris Perkins argues that in 2026 investors will exploit a new basis‑trade variant by going long Digital Asset Treasury (DAT) stocks and shorting newly available CFTC‑regulated futures on a broader set of altcoins. DATs, public companies that hold crypto...
Bitcoin Whales vs Everyone Else, and the Whales Are Winning
Large Bitcoin holders—whales with over 10,000 BTC—have been net sellers for three consecutive months, driving continued price pressure while smaller wallets under 1,000 BTC remain net accumulators. The divergence was highlighted by Glassnode’s Accumulation Trend Score, which shows whales in distribution mode,...
U.S. Fed's Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T
Federal Reserve Governor Stephen Miran warned that the rapid growth of dollar‑linked stablecoins could reshape U.S. monetary policy. Fed staff project stablecoin uptake of $1‑$3 trillion by 2030, adding demand for Treasury securities that currently total under $7 trillion. Miran said the...
Crypto Markets Manage Modest Move Higher Friday, Trimming Weekly Losses
Crypto markets closed the week on a modest upside as Bitcoin rebounded above $103,000, gaining roughly 2% in the last 24 hours after dipping below $99,000 earlier in the session. Altcoins posted stronger gains, with Ether, XRP and Solana up...
JPMorgan Boosts Bitcoin ETF Holdings by 64% in Latest Filing
JPMorgan Chase & Co disclosed in a 13F‑HR filing that it now holds 5,284,190 shares of the iShares Bitcoin Trust ETF, valued at about $343.47 million – a 64.26% increase from the prior quarter. The bank’s stake rose from 3.22 million shares...
Polymarket’s Trading Volume May Be 25% Fake, Columbia Study Finds
Columbia University researchers estimate that roughly 25% of Polymarket’s historical trading volume is likely wash‑trading, with weekly fake volume peaking at about 60% in December 2024 and exceeding 90% in election and sports markets during certain weeks. Using a novel algorithm...
Bitcoin Defi Gets Another Institutional Boost Through Anchorage Digital Custody
Anchorage Digital, a U.S. federally‑chartered bank, announced it will provide regulated custody services for BOB’s hybrid Bitcoin‑Ethereum DeFi platform, giving institutions a compliant gateway to Bitcoin‑native yield opportunities. BOB’s ecosystem currently holds about $250 million in total value locked, while Bitcoin‑based...
Stop Chasing DeFi Yields and Start Doing the Math
Blueprint Finance CEO Nic Roberts‑Huntley warns that DeFi’s headline‑grabbing APYs mask hidden costs such as impermanent loss, gas fees and low liquidity, which often erode retail investors’ returns. He contrasts sophisticated institutional risk‑models that factor these variables with retail participants...
Japan Regulator to Support Country's 3 Largest Banks in Stablecoin Issuance
Japan's Financial Services Agency announced it will back a proof‑of‑concept project in which the country's three biggest banks—Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group—will jointly explore issuing a stablecoin as an electronic payment instrument. The...
Ex-Alameda Co-Founder's Crypto Trading Firm Lantern Ventures Said to Be Winding Down Funds
Lantern Ventures, the London‑based crypto trading firm founded by former Alameda Research co‑founder Tara Mac Aulay, is winding down its external funds and returning capital to investors after managing roughly $600 million at its peak. The firm has closed to new investment,...
Filecoin Soars 70% After Breaking Through $2 as DePIN Sector Rallies
Filecoin (FIL) jumped 70% on Nov. 7, soaring from $1.33 to $2.27 and breaking the key $2 psychological barrier as volume spiked to 72.8 million tokens—247% above its 24‑hour average. The move unfolded in three phases—accumulation, breakout and consolidation—and established primary support...
Market Maker Flowdesk Says Crypto Credit Is Finding a Fragile Balance
Flowdesk’s latest credit note says DeFi lenders are deleveraging after Stream Finance disclosed a $93 million loss amid a $20 billion crypto market crash, but credit lines have not frozen. Borrowing demand for major assets such as SOL, BTC, XLM, ENA and...
Bitcoin’s Fair Value Is $170K, JPMorgan Argues in Gold-Based Model
JPMorgan analysts forecast that Bitcoin could climb to about $170,000 within the next six to twelve months, up from roughly $101,000 today, based on a gold‑based valuation model. The model assumes Bitcoin requires 1.8 × more risk capital than gold and...
UK Stablecoin Rules Will Be in Place 'as Quickly as the U.S.,' BOE Says: Bloomberg
A deputy governor of the Bank of England, Sarah Breeden, said the UK will have stable‑coin regulations in place "just as quickly as the U.S.," with the proposal to be unveiled on Nov. 10. The draft rules are expected to cap...
Crypto for Advisors: What Is DeFi?
CoinDesk’s "Crypto for Advisors" newsletter explains decentralized finance (DeFi) and highlights a new Ipsos study showing only 3% of Americans recognize the term, despite 18% having used crypto. The study reveals broad demographic exposure to crypto and strong consumer interest...
Dormant Bitcoin Comes Back to Life as 4.65M BTC Reenters Circulation in 2025
In 2025, long‑term Bitcoin holders revived 4.655 million BTC – roughly $500 billion – after a year of sideways trading around the $100,000 level. Of that, 1.91 million BTC came from assets dormant two years or more, 844,000 BTC from 1‑2‑year holders, and...
Ethereum Is Like a Shark. If It Stops Moving, It Will Die
Ethereum’s upcoming Fusaka upgrade, slated for early December, aims to boost data verification and compression, promising a ten‑fold increase in speed and capacity and positioning the blockchain for institutional‑grade adoption. The platform retains advantages such as flawless uptime over its...
Securitize, VanEck Bring VBILL Tokenized Treasury Fund To Aave
Securitize and VanEck have added their tokenized Treasury fund VBILL to Aave’s Horizon market, the DeFi protocol’s institutional‑grade platform for real‑world assets. The integration uses Chainlink’s NAVLink and LlamaGuard oracles to deliver verified, risk‑adjusted NAV data, and Securitize plans to...
Tenerife Council to Sell Bitcoin Bought in 2012 After Near 10,000% Price Rise
The Tenerife Council’s Instituto Tecnológico y de Energías Renovables (ITER) bought 97 bitcoin in 2012 for about €10,000 and is now preparing to sell the holdings for roughly €10 million, reflecting a near‑10,000% appreciation. The coins were originally acquired for a...
Cango Eyes Strengthening of Bitcoin Mining Operations, Entry Into AI HPC Market
Cango, the Chinese automotive‑transaction platform that pivoted to bitcoin mining last year, said it will sharpen its mining operations by boosting uptime and energy efficiency while developing dual‑purpose energy infrastructure that can later support artificial‑intelligence high‑performance computing (AI‑HPC). The board...
Tether's Hadron, Bitfinex Securities to Tokenize Assets With ETF Issuer KraneShares
Tether’s tokenization arm Hadron, ETF issuer KraneShares, and Bitfinex Securities announced a partnership to create tokenized investment products, including tokenized ETFs, using Bitfinex’s licensed trading venue under El Salvador’s regulatory framework. KraneShares says it intends to have 100% of its business...
