Author: John Smith
Bitcoin’s latest drop appears to be driven less by leverage and more by conviction fading among its oldest holders. Summary Bitcoin price has fallen nearly 20% from last month’s peak above $126,000, trading around $102,000 at press time. Long-term holders have sold roughly 400,000 BTC, worth about $45 billion, over the past month, signaling waning conviction. Analysts say the crypto giant could drift lower or consolidate, with $85,000 as a potential downside level if selling pressure continues. Bitcoin price has been under pressure over the past month, trending lower as it struggles to uphold positive momentum. At the time of…
Pi Network has surpassed 100 million downloads on Google Play, outpacing major crypto exchanges including Coinbase, OKX, and Crypto.com. Summary Pi Network now shows 100M+ installs, a 4.5-star rating, and over 907,000 reviews, compared to Coinbase’s 50M+ downloads and 4.4-star rating. Unlike traditional exchange apps, the Pi app allows users to mine Pi coins from their smartphones with minimal energy consumption. Pi Network is moving beyond mobile mining into decentralized computing and AI, having partnered with OpenMind to enable distributed computing using its 350,000+ active nodes. Pi Network (PI) has surpassed 100 million downloads on Google Play, outpacing major crypto…
Ethereum is facing mounting pressure as investors continue to pull funds from Ethereum ETFs amid market pullback. Summary Ethereum ETFs saw $219.37 million in outflows, marking the fifth straight day of redemptions. BlackRock’s ETHA led the exit with $111.08 million, followed by Grayscale’s ETH with $68.64 million. Ethereum price trades at $3,300, with a 33.8% rise in trading volume signaling renewed interest. Ethereum ETFs have now recorded five consecutive days of outflows, highlighting a persistent wave of investor pessimism amid worsening market sentiment. According to data from SoSoValue, over $219.37 million was withdrawn from Ethereum-based exchange-traded funds in the past…
Internet Computer price has broken out of a descending trendline that had been acting as resistance on the daily chart, which has opened the door for potential gains as high as $10 in the coming weeks. Summary Internet Computer price shot up nearly 70% on Wednesday. Dfinity revealed that its AI platform Caffeine now supports image and code prompts. The token’s price has confirmed a breakout from a descending trendline that had been capping upside moves since the beginning of this year. According to data from crypto.news, Internet Computer (ICP) rallied 68% to an intraday high of $6.32 before settling…
Crypto prices today showed a sharp downturn as high leverage and sustained exchange-traded fund outflows accelerated a sell-off across major assets. As of Nov. 5, the total crypto market cap has fallen 4.5% to $3.47 trillion, erasing roughly $300 billion… Source link
Berachain Foundation has confirmed the recovery of $12.8 million lost during the Nov. 3 Balancer V2 exploit. Summary Berachain recovered the full $12.8M lost in the Balancer exploit after halting and restarting its network. The recovery was achieved through a white-hat collaboration, with redistribution plans for affected users. The Balancer hack caused $128M in cross-chain losses, raising fresh concerns about DeFi composability and audit limitations. The recovery marks a rare case of full restitution following one of 2025’s largest decentralized finance hacks. In a late Nov. 4 update on X, the Berachain Foundation announced that all funds drained from its…
XRP commentator Oscar Ramos’s coverage of a pivotal industry event was temporarily erased by YouTube due to an alleged violation of community standards. Summary YouTube briefly suspended XRP creator Oscar Ramos for covering the Ripple Swell event, citing “harmful” content before reversing the strike. The move reignited memories of YouTube’s 2019 “crypto purge,” when dozens of digital asset channels were wrongly deleted. Critics say the repeat incidents expose a systemic flaw in YouTube’s moderation of crypto content, leaving creators uncertain about platform fairness. On Nov. 4, Google-owned YouTube abruptly removed a video from Oscar Ramos, a content creator with over…
Shares of the Solana treasury firm Forward Industries have declined 25% today amid a flight from risky assets. Summary Solana treasury firm Forward Industries authorizes $1B stock repurchase The company’s stock fell 20% on broader risk-off sentiment in the markets Solana fell 7.5% to $154 amid a crypto market sell-off Risk-off sentiment hit both the equity and crypto assets, with valuations getting crushed. On Tuesday, Nov. 4, shares of the Solana treasury firm Forward Industries dropped 25%, while Solana was down 7.5%. The steep decline followed the company’s announcement that it had registered the shares sold in its September 2025…
Bitcoin crashed through the key psychological level of $100,000, taking the rest of the crypto market with it. Summary Bitcoin fell below the key psychological level of $100k This was the lowest point for the BTC price since June Shares of Strategy were down 6%, mirroring the BTC price Why? Fear is once again running the crypto markets. Against the backdrop of a government shutdown, traders are fleeing from risk assets. For the first time since July, Bitcoin plunged below $100,000, triggering a broader crypto market sell-off. The decline came after worsening macro conditions triggered a wave of liquidations and…
The BNB price dropped by more than 8% over 24 hours to trade at intraday lows near $900, as selling pressure across cryptocurrencies intensifies. Summary BNB fell to $900, ouching the lows after crashing from intraday highs of $1,000. Losses for the altcoin came amid a crypto market bloodbath that saw Bitcoin crash below $100,000. The altcoin could slip to $800 or lower if sell-off pressure holds. Cryptocurrencies flipped red on Tuesday, extending the downbeat start to November, adding to the overall gloom after an underwhelming October. Amid the sell-off that pushed all major cryptocurrencies down, BNB (BNB) dropped from…