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Bitcoin (BTC) recently bounced from the $100,000 level, sparking hopes of a bullish reversal. However, traders remain cautious, as this rebound could also be a temporary bull trap. With key resistance looming around $105,000–$106,000, the market’s next move will be critical in determining whether BTC can sustain an upward trend or resume its downtrend. A Possible Bullish Reversal After Reclaiming $102,000 According to Lennaert Snyder, Bitcoin is showing early signs of a potential bullish reversal. In the post on X, Snyder highlighted that BTC bounced from the recent lows and reclaimed the $102,000 level, signaling renewed buying interest. This recovery…

The XRP market is experiencing a new wave of large transactions as long-term holders adjust their positions. Over $300 million worth of XRP has recently been moved from crypto exchanges, signaling a shift in investor sentiment. While such withdrawals often suggest accumulation, current on-chain data present a mixed picture, indicating both opportunity and caution. Related Reading Over $300 Million XRP Exit Crypto Exchanges  According to on-chain data from Glassnode, investors have withdrawn more than 140 million XRP, valued at approximately $309 million, from crypto exchanges. At the same time, XRP’s Long-Term Holder Net Unrealized Profit/Loss (LTH NUPL) chart has revealed…

One of the most delicate moments for the Bank of England (BoE) has just arrived. On the one hand, though, price pressures remain too high in the UK, while on the other hand, it is increasingly clear that the pace of economic progress is faltering. Price pressures are rising at a pace sufficient to unsettle the BoE, despite simmering weakness in wages, job growth, and business activity indicators. As a result, the BoE has decided to retain its benchmark rate unchanged at 4% as of its monetary policy decision deadline of 5th Nov, 2025, with a 5-4 decision, as four…

Disgraced FTX founder Sam Bankman-Fried once again weighed in on the exchange’s bankruptcy debate after responding to a satire post by a company creditor that accused court-appointed CEO John J. Ray III of deliberately keeping a “perfectly solvent” platform in bankruptcy in order to generate record fees and destroy estate value. The creditor alleged that billions in valuable equity and venture stakes were sold at deep discounts, and that assets were mishandled, clawbacks mismanaged, and subsidiaries forced into bankruptcy without board authority. SBF’s X account replied, “I don’t quite agree with every point – but, yeah, this is basically what…

Ethereum price started a fresh decline below $3,500. ETH is attempting to recover from $3,050 but faces resistance near $3,500. Ethereum started another bearish wave after it settled below $3,550. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,410 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,320. Ethereum Price Faces Resistance Ethereum price failed to stay in a positive zone and started a fresh decline below $3,500, like Bitcoin. ETH…

Cardano drops 37% in 30 days. TD Sequential signals a possible trend shift as ADA tests key support near $0.50. Cardano (ADA) has seen sharp losses over recent weeks, in line with broader weakness across the crypto market. Consequently, the asset is trading around $0.53 at press time, following a 3% drop over the past 24 hours. It has also fallen almost 18% in the past week and is down 37% over the last 30 days. After weeks of selling, new technical developments are drawing attention from market analysts. TD Sequential Indicator Flags Possible Shift Analyst Ali Martinez reported…

The team behind decentralized finance (DeFi) protocol Balancer published a preliminary post-mortem report on Wednesday, detailing the cause of the exploit that siphoned $116 million across DeFi markets.Balancer was hit by a sophisticated code exploit on Monday that affected Balancer v2 Stable Pools and Composable Stable v5 pools, while all other pool types remained unaffected, according to the report.The hacker used a combination of BatchSwaps, which allow the user to bundle multiple actions in a single transaction, including flashloans — short-term loans borrowed and repaid within the same transaction — and an exploit of the upscale rounding function that affects…

The Deribit-listed bitcoin BTC$103,710.83 options market is revealing growing caution among traders, with some prepping for a slide to $80,000, as spot prices show signs of weakness.Notional open interest in BTC options, or the dollar value of the active contracts, remains elevated above $40 billion on Deribit, with activity concentrated in November and December strikes close to $110,000. However, at the same time, demand for the $80,000 strike has increased, a sign that traders are anticipating a continued sell-off in BTC.”A notable surge in put options positioned near the $80,000 mark signals traders are increasingly hedging against a deeper slide,”…

Record difficulty and declining on-chain fees have dragged Bitcoin mining profitability to a two-year low, creating a widening divide between miners surviving on razor-thin margins and those reinventing themselves as data-center operators for the AI boom. Mining used to be a homogeneous industry moving in sync with Bitcoin’s price. However, it’s now evolving into a two-speed economy, where hashpower defines success, not energy strategy. At roughly $42.14 per terahash per day, Bitcoin’s hashprice (the industry’s shorthand for miner revenue per unit of computational power) has fallen into the bottom 4% of its two-year range. Over the past month alone, it’s…

The question dominating crypto desks this week is whether the cycle is intact, and when the bull run will return. Two widely followed macro commentators sketched the same causal chain from public-sector cash management to crypto asset beta, arguing that the current drawdown is a liquidity story first and a sentiment story second—and that its reversal hinges on the mechanics of the US Treasury General Account (TGA), Federal Reserve balance-sheet policy, and the timing of Washington’s reopening. Crypto Market Awaits US Government Shutdown Resolution Macro analyst @plur_daddy on X summarizes the current state bluntly: “We are seeing the contraction in…