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Key takeaways:Bitcoin dropped below $100,000 and could retest its yearly open at $93,500 as its momentum weakens.The Coinbase Premium hit a seven-month low, reflecting strong US spot Bitcoin selling pressure.Short-term holders are accumulating BTC, while long-term holders continue taking profits.Bitcoin’s (BTC) recent weakness extended into Friday’s trading session, with BTC once again slipping below the $100,000 mark. The cryptocurrency could potentially retest its previous low of $98,200, a level formed on June 23.On Nov. 6, the Bitcoin Coinbase Premium Index, a metric that tracks the difference between Bitcoin’s price on Coinbase and other global exchanges like Binance, dropped to its…

XRP trades near $2.17, revisiting a key support zone seen before past rallies. Analysts watch for a breakout or further downside. Ripple’s XRP is trading near $2.17 at press time, following a weekly drop of over 13%. Despite recent selling pressure, the asset has returned to a zone that previously triggered a strong rally. Analysts are watching to see if the current structure could support another major move. Testing a Familiar Zone A chart shared by ChartNerd shows XRP touching the mid-regression band of the Growth Curve (GC). This same level acted as a base before the July 2024…

Balancer suffered one of the largest decentralized finance (DeFi) exploits on Monday, with more than $116 million in staked Ether and liquidity pool tokens drained from Balancer v2 contracts and several forks. The decentralized exchange (DEX) and automated market maker (AMM) investigated what appeared to be faulty access control in its smart contracts, which allowed the attackers to withdraw funds directly from liquidity pools. The exploit began with a $70 million loss, which ballooned to $116 million, primarily affecting liquid staking assets such as Lido’s wstETH and StakeWise’s osETH.In a bid to recover losses, Balancer offered a 20% white hat bounty to…

US Spot Bitcoin and Ethereum ETFs finally broke their six-day losing streak on November 6, posting their first day of net inflows after nearly a week of continuous capital outflows. Data from SoSoValue shows that Bitcoin ETFs drew $240.03 million in new investments over the past 24 hours, while Ethereum ETFs gained $12.51 million. Solana ETFs, meanwhile, continued to show remarkable consistency, bringing in $29.22 million in daily inflows. That figure extended Solana’s winning streak to eight consecutive days of positive capital movement, even as other major digital-asset ETFs struggled to maintain momentum. A Strong Debut For Solana ETFs Data…

PANews reported on November 7th that, according to OKX market data, BTC has just fallen below $101,000 and is currently trading at $100,946.50 per coin, down 1.05% on the day.

Ethereum’s recent decline has drawn attention across the crypto market as the second-largest cryptocurrency struggles to recover from its 15% weekly loss. The ongoing bearish conditions have dragged ETH down to levels not seen in months. However, this sharp correction may signal the start of a recovery, as Ethereum appears to have reached the point of bearish saturation.Ethereum Enters Historic Reversal PointThe 30-day MVRV ratio highlights that Ethereum has officially entered the “opportunity zone,” a range historically linked to potential reversals for the first time in five months. This zone, defined between -10% and -20%, represents periods when investors stop selling…

The Institute of Technology and Renewable Energies (ITER), a public research body under the Tenerife Island Council, is preparing to sell its decade-old Bitcoin holdings, according to Spanish outlet El Día. ITER reportedly acquired 97 Bitcoin in 2012 for roughly $10,000 as part of a blockchain research project. The purchase was originally meant to explore the technical foundations of digital currencies rather than serve as an investment. Thirteen years later, with Bitcoin trading near $103,200, the holdings are now worth over $10 million. This outcome constitutes an extraordinary return on what was initially a modest research expenditure.- Advertisement – Earlier…

In the first week of November, bitcoin’s price dipped 5.68%, adding to October’s 3.69% slide. The chatter this year has centered on long-resting coins suddenly waking up—something many believe has kept the market moving sideways all year. Onchain analyst James Check reports that roughly 4.64 million BTC have come back to life in 2025 after […]

Ripple’s buying spree will slow in 2026, CEO Brad Garlinghouse said on Wednesday.The company has spent more than $2.4 billion to purchase at least four companies in 2025.But there’s one major business category Ripple doesn’t plan to muscle into.Ripple has been on a buying spree, spending more than $2.4 billion billion to purchase at least four companies in 2025. Don’t expect the same next year, the company’s CEO said on Wednesday at the company’s annual Swell conference in New York. “We’ll probably slow down the acquisition binge in 2026 which makes our corporate developer team very happy,” Brad Garlinghouse quipped…

Stablecoin issuer Circle has advocated for a level playing field among banks, nonbanks and stablecoin issuers as the US Treasury Department considers implementing the GENIUS Act following its signing into law in July. In comments submitted on Tuesday as part of the Treasury’s notice of proposed rulemaking for GENIUS, Circle was one of many crypto companies that weighed in on how the US government should implement the law establishing a framework for payment stablecoins. While the company reiterated many of the principles for which proponents of the bill had advocated, such as having stablecoins “fully backed with cash and high quality…