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Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

GoPlus Warns Hello402 Risk: Unlimited Mint & Centralization

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GoPlus’s Chinese community has flagged a critical Hello402 contract risk: the smart contract’s addTokenCredits function lacks MAX_SUPPLY checks, enabling infinite minting. The high-privilege admin can allocate unlimited H402 mint quotas and use the WithdrawDevToken function to mint all unassigned tokens at once, posing severe centralization threats. Though the project team announced WithdrawDevToken is reserved for private sale adjustments, ecosystem incentives, and profit allocation, these commitments lack on-chain enforcement, raising breach risks. Major exchange OKX is investigating Hello402 contract risk by tracking abnormal on-chain activity and may pursue legal action. To address this Hello402 contract risk, traders should monitor H402 supply closely, as unchecked minting and centralized control could distort market supply and token value.
Bearish
Hello402smart contract auditinfinite mintingcentralization riskOKX investigation

Matador to Buy 92 Bitcoin via $100M Convertible Bond

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Canadian-listed Matador Technologies has purchased 92 Bitcoin at an average cost of US$102,752 each. The acquisition was funded through the first drawdown of its previously announced US$100 million secured convertible bond financing with ATW Partners. Matador drew CA$13.2 million (US$9.5 million) to execute trades via Netcoins and FalconX. The average acquisition price, including fees, was US$102,752 per Bitcoin. This move boosts Matador’s digital asset holdings and reflects growing corporate adoption of Bitcoin. The financing facility remains available for future top-ups, highlighting how convertible bond financing can leverage capital for large-scale BTC acquisitions. Public companies adding Bitcoin to their balance sheets may influence market supply and demand dynamics.
Bullish
BitcoinConvertible BondCorporate Crypto InvestmentMatador TechnologiesNetcoins

Whale Shifts $41.2M USDC to Binance After Closing ETH Longs

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On November 11, on-chain analyst @ai_9684xtpa observed that the whale known as “1011 Open Short Insider” closed its ETH long positions overnight. The trader then withdrew 5.2 million USDC collateral from its Hyperliquid account and deposited the remaining 41.2 million USDC into Binance. Large stablecoin inflows to exchanges often signal potential selling pressure. Crypto traders should monitor further USDC movements and whale activity, as such transfers may foreshadow short-term volatility in ETH markets.
Bearish
Whale ActivityUSDCBinanceETH LiquidationStablecoin Inflow

Mixed Fed Signals Stall Bitcoin’s November Rally

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Bitcoin’s November rally may stall as macroeconomic uncertainty and mixed Federal Reserve signals drive a consolidation phase. The CME FedWatch tool shows only a 68% chance of a December rate cut, down from near 90%. Bitcoin has slid 11% over the past month, testing support around $103,000 and key resistance at $116,000. Failure to reclaim $116,000 could sap bullish momentum. Despite the cautious outlook, historical data from CoinGlass highlights an average November gain of 41.78% since 2013. Traders including Dave Weisberger, Carl Runefelt and AshCrypto remain optimistic, citing strong fundamentals and expecting a rebound. Crypto traders aiming to trade the Bitcoin November rally should track Fed communications and key levels for signs of a breakout or further consolidation.
Neutral
BitcoinNovember rallyFed signalsMarket consolidationMacro uncertainty

Bitcoin Seller Liquidity at Multi-Year Low as Market Pauses

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According to Arab Chain analysis, Bitcoin seller liquidity has dropped sharply, falling to around 1.27 million BTC—its lowest level in recent years. This drop indicates a structural shift in supply. Whales and institutional wallets are pulling coins off exchanges. Meanwhile, Binance reserves now hold roughly 566,000 BTC, accounting for 45% of active selling liquidity. The stability of Binance reserves, amid declining Bitcoin seller liquidity, suggests large volumes are moving from competitors into Binance. This trend underlines a market consolidation phase before major price moves. As available supply tightens, traders may see reduced volatility but should watch for a potential breakout once re-distribution completes. Disclaimer: This content is for informational purposes only and does not constitute investment advice.
Neutral
Bitcoin seller liquidityBinance reservesMarket consolidationWhale movementsInstitutional flows

MARA CEO Warns of Triple Threat Crushing Bitcoin Mining Profits

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Fred Thiel, CEO of MARA Holdings, warns that Bitcoin mining faces a “triple threat” of intensifying competition, rising energy costs, and declining block rewards. As more miners join the network and upgrade their equipment, individual operators compete for the same rewards, driving down mining profitability. Surging global energy prices further squeeze margins, while increasing network difficulty, maintenance, and cooling requirements add to operational expenses. Notably, equipment manufacturers are entering mining directly, signaling industry consolidation. Only the most efficient miners—those optimizing energy use and reducing costs—are likely to survive. To navigate this crisis, operations must adopt innovative technologies and renewables to restore sustainable profits.
Bearish
Bitcoin MiningEnergy CostsMining ProfitabilityCompetitionIndustry Consolidation

SEC Approval Paves Way for Spot XRP ETF Launch This Week

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The US Securities and Exchange Commission (SEC) has cleared the final regulatory hurdle for the first Spot XRP ETF, which is set to begin trading this Wednesday or Thursday. The new Spot XRP ETF will let investors gain direct exposure to XRP without handling the token itself, simplifying trading operations and boosting market liquidity. Analysts expect the ETF launch to drive significant trading volume, improve price discovery, and signal stronger regulatory clarity. Traders should monitor initial fund inflows, bid-ask spreads, and short-term volatility around the market debut.
Bullish
XRP ETFSEC ApprovalCryptocurrency ETFMarket LiquidityTrading Volume

Ripple Valuation Tied to XRP Price Could Hit $93B

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Global investment bank Houlihan Lokey’s report highlights that Ripple’s corporate valuation is directly linked to the market price of XRP. The Feb 2024 study models valuations under three scenarios at $0.60 per XRP—from $4.5 billion (secondary-market pricing) to $28.6 billion (market-price alignment). Under FASB’s ASU 2023-08, fair-value reporting of digital assets would bring Ripple’s balance-sheet valuation in line with token market value. Updating the model with today’s XRP price of $2.44 and Ripple’s 40 billion XRP holdings yields a theoretical valuation of $93 billion, versus the company’s recent $500 million private raise at a $40 billion valuation. The analysis underscores that shifts in the XRP price could meaningfully alter Ripple’s corporate worth, reinforcing the link between token performance and corporate valuation.
Bullish
RippleXRPToken ValuationAccounting StandardsPrivate Market Valuation

Google to Invest $6.6B in German Data Centers over Four Years

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Google has pledged around €5.5 billion (US$6.6 billion) to expand its cloud infrastructure in Germany, focusing on Google German data centers powered by clean energy. Over the next four years, the investment will deliver a new data center in Dietzenbach near Frankfurt and expand the Hanau site. By boosting these German data centers, Google aims to accelerate service speeds and support AI-driven applications across Europe’s largest economy. Although timelines and job figures remain unspecified, the expansion will heighten competition in the European cloud market alongside AWS and Azure. For crypto traders, improved cloud infrastructure could enhance the performance and reliability of blockchain nodes and AI-powered trading platforms hosted in Google German data centers.
Neutral
GoogleData CentersCloud InfrastructureClean EnergyGermany

Ethereum Whale Withdraws $98.6M From Binance, Signaling Bullish Outlook

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A major Ethereum whale withdrawal of 28,000 ETH ($98.6 M) from Binance signals long-term accumulation. The 0xE5C address now holds 355,000 ETH ($1.21 B). Traders view such Ethereum whale withdrawal as a bullish indicator, reducing on-exchange supply and hinting at future price gains. Previous withdrawals included 60,000 ETH to Aave for DeFi yield farming. While these moves often precede price rallies, market participants should also weigh overall sentiment and regulations. This Ethereum whale withdrawal underscores strong confidence in ETH’s growth and may drive positive price momentum.
Bullish
EthereumWhale MovementBinance WithdrawalsDeFiBullish Signal

14.18M UNI Hit Exchanges After Burn Proposal, Price at $8

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Following Uniswap’s fee buyback and burn proposal that drove UNI to $10, traders transferred at least 14.18 million UNI tokens (approximately $130 million) into cryptocurrency exchanges within 24 hours. This sudden exchange inflow reversed price gains, pulling UNI back to around $8. The large sell-off underscores the volatility and profit-taking behavior even amid token burn initiatives, signaling caution for crypto traders.
Bearish
UniswapUNIToken BurnExchange InflowsPrice Volatility

New Wallet Receives 1,130 BTC ($116M) from FalconX in 7 Hours

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In the past seven hours, a newly created wallet has received 1,130 Bitcoin (BTC) from the digital asset firm FalconX, according to on-chain analytics by Onchain Lens. These transactions, valued at roughly $116.46 million, mark a significant BTC accumulation. Such an influx into a single fresh address suggests growing demand and strategic positioning ahead of market events. On-chain flows from trading platforms like FalconX are key indicators of institutional interest. Holding 1,130 BTC in one wallet reduces circulating supply and may bolster near-term price support. Traders should watch for any outbound movements, as selling or further accumulation could influence liquidity and volatility. This large on-chain transfer highlights continued institutional engagement in the Bitcoin market.
Bullish
BitcoinFalconXOn-Chain FlowsWallet ActivityCrypto Accumulation

XRP Stalls, ETH Fails to Break $4,000, SHIB Rally Fizzles

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Overnight, the crypto market shifted from bullish to bearish, with XRP blocked below key resistance, Ethereum failing to reclaim the $4,000 level, and Shiba Inu’s recent breakout reversing into a fakeout. XRP trades at $2.46, unable to overcome the $2.55–$2.60 resistance zone formed by 50-, 100- and 200-day EMAs. Volume spiked briefly during the rally but plunged as sellers entered. The RSI sits at 50, indicating neutral momentum and challenging any decisive breakout. Ethereum also shows weakness: repeated rejections at the 200-day MA near $3,980 and failure to hold above $3,550 suggest buyer fatigue. The 50- and 100-day EMAs trend lower, and the RSI around 43 points to bearish sentiment. A sustained close above $3,900–$4,000 is needed for a reversal; otherwise, ETH may drift back to $3,400–$3,300 support. Shiba Inu’s brief advance above the 50-day EMA at $0.0000107 quickly reversed, dropping over 2.5% in a classic fakeout. With RSI near 45 and declining volume, SHIB risks retesting support at $0.0000090 or even $0.0000085. Traders should monitor key resistance breakouts or potential further declines.
Bearish
XRPEthereumShiba InuCrypto MarketTechnical Analysis

Senate to Vet Selig as CFTC Chair in Bitcoin Regulation Shift

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Michael Selig, chief counsel of the SEC’s Crypto Task Force, faces confirmation on November 19, 2025 before the Senate Agriculture Committee to become CFTC chairman. His nomination coincides with legislative moves like the CLARITY Act to redefine SEC and CFTC jurisdictions over digital assets, notably Bitcoin, marking a pivotal shift in U.S. crypto regulation. Acting Chair Caroline Pham, the sole CFTC commissioner since September, plans to resign once a permanent chair is confirmed, highlighting the need for leadership stability. Selig’s background in digital asset policy and enforcement could broaden CFTC authority over crypto derivatives and spot markets. Traders should watch for clearer regulatory boundaries, potentially reducing uncertainty in Bitcoin classification and trading. With global crypto market cap topping $2 trillion and daily volumes above $100 billion, Selig’s strategy on oversight and enforcement will shape Bitcoin regulation and market dynamics in 2026.
Bullish
CFTCMichael SeligCrypto RegulationBitcoinCLARITY Act

Crypto Fear & Greed Index at 24: Extreme Fear, Buy Signal

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The Crypto Fear & Greed Index has plunged to 24, signaling extreme fear in the cryptocurrency market. Updated daily, the index aggregates six data points—volatility, trading volume, social media sentiment, investor surveys, Bitcoin dominance and Google search trends—to gauge overall market sentiment. A reading below 30 historically marks periods of extreme fear, often preceding market recoveries and potential buying opportunities. Traders should view the index as a contrarian indicator alongside technical analysis and fundamental research. To manage risk amid heightened volatility, consider dollar-cost averaging, portfolio diversification and clear stop-loss orders. Maintaining emotional discipline and a well-defined investment plan is crucial when sentiment swings. Monitoring the Crypto Fear & Greed Index can help identify entry points, but patience and comprehensive analysis remain essential.
Bullish
Crypto Fear & Greed IndexMarket SentimentExtreme FearContrarian IndicatorRisk Management

Bitcoin Price at $106K Amid Whale Selling and $110K Hurdle

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Bitcoin price has stabilised near $106,000 after touching $107,000 earlier this week, pressured by large whale sell-offs and technical resistance at the 200-day moving average around $110,000. Trading volumes have declined, with open interest in Bitcoin futures falling from $94 billion in October to $68 billion, indicating reduced leverage. US spot Bitcoin ETFs registered minimal net inflows of $1 million, underperforming equities following the federal shutdown resolution. Experts point to sustained whale selling and a lack of fresh catalysts—such as regulatory clarity or macroeconomic improvements—as key factors keeping Bitcoin in a narrow range. Key support lies at $103,000, below which a drop towards $86,000 could accelerate selling, while a decisive break above $110,000 may attract momentum buyers seeking targets of $115,600 and $118,000. Traders should monitor ETF flows, futures open interest and technical levels for signs of renewed momentum.
Neutral
BitcoinWhale SellingBitcoin FuturesETF InflowsTechnical Analysis

Bitcoin Eyes $110K Rally as Selling Pressure Eases

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Bitcoin price is consolidating above $100,000 with easing selling pressure from long-term holders. Weekly realized profits have halved to $1–2 billion, indicating reduced downward force. On-chain metrics from Glassnode and CryptoQuant show ETF outflows slowing and whale dominance capping volatility. Macro tailwinds, including a potential U.S. government shutdown resolution and looming Fed rate cuts, may boost liquidity and support risk assets. Analysts at Bitfinex, Swissblock and QCP Capital highlight a critical pivot zone between $108,000 and $110,000. Reclaiming these levels could spark a rally toward $118,000 or beyond. Experts estimate a bullish reversal if Bitcoin price holds above $100,000, making current levels an attractive entry point. Traders should watch short-term support and resistance to capitalize on potential momentum shifts while managing risk amid range-bound conditions.
Bullish
BitcoinBTC PriceSelling PressureMacro TailwindsOn-Chain Analysis

Bitmine’s $82M ETH Buy Signals Institutional Confidence

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Nasdaq-listed mining firm Bitmine has purchased 24,007 ETH (approx. $82.04 million) through Galaxy Digital at an average price of $3,417 per token. This institutional Ethereum purchase underscores growing institutional adoption of the world’s second-largest cryptocurrency and reduces circulating supply, potentially exerting upward pressure on ETH prices. Key drivers include Ethereum’s network upgrades improving scalability, expanding DeFi ecosystem demand, and attractive staking yields. By handling the transaction with Galaxy Digital’s OTC desk and custody services, Bitmine demonstrates professional execution strategies that mitigate price impact and security risks. Traders should note this move mirrors previous large-scale institutional Ethereum purchases that preceded market rallies. With regulatory scrutiny and market volatility as ongoing considerations, strategies such as dollar-cost averaging and partnering with reputable intermediaries can help individual traders navigate the evolving market. Overall, Bitmine’s Ethereum purchase reflects long-term confidence in Ethereum’s fundamentals and may signal further price appreciation as more institutions enter the crypto space.
Bullish
Institutional InvestingEthereumGalaxy DigitalCrypto Market SignalsBullish Trend

XRP Resistance Sparks Crypto Bearish Reversal in ETH & SHIB

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Crypto bearish reversal dominates digital assets as XRP, Ethereum and Shiba Inu falter at key resistance. XRP’s rally stalls at $2.55–$2.60, where 50-, 100- and 200-day EMAs converge. Volume plunged and RSI settled at 50, highlighting weak buyer demand. Failure to clear the resistance traps XRP in a midterm downtrend. Ethereum faces similar headwinds. ETH rejected at its 200-day moving average near $3,980 and cannot maintain above $3,550. Declining EMA slopes and an RSI below 45 reflect buyer fatigue. Traders should watch support around $3,300–$3,400 for potential relief. Shiba Inu suffered a false breakout above $0.0000107 at the 50-day EMA. The token dropped over 2.5% on low volume and saw its RSI dip to 45. The pattern of lower highs signals a bearish continuation, with support near $0.0000090 and $0.0000085 in focus. This crypto bearish reversal underscores the importance of resistance zones and momentum indicators. Traders may consider short positions or wait for volume surges to confirm breakouts. Monitoring RSI and EMA confluence can guide entry and exit decisions amid ongoing market volatility.
Bearish
XRP ResistanceEthereum DowntrendShiba Inu False BreakoutBearish ReversalTechnical Indicators

MOBU Presale Stage 6: 100x Potential as TRX & XLM Rally

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The MOBU presale has entered Stage 6 at $0.00008388 per token, raising $590,000 so far and positioning itself as a top 100x crypto presale opportunity. The MOBU presale structure rewards early backers with tiered pricing and a referral program offering 15% $MOBU bonuses to both referrer and referee. A $5,000 investment could yield 59 million $MOBU tokens, targeting potential returns of $367,000. Tron (TRX) is trading at $0.2942, up 8.03% over the past month, with a $27.85 billion market cap and 24-hour volume surging 41.4% to $618 million. Stellar (XLM) trades at $0.2979, up 10.03% monthly, with a $9.56 billion market cap and 24-hour volume up 75.2% at $318 million. Traders eye MOBU presale for explosive ROI ahead of public listing, while TRX and XLM showcase steady ecosystem growth and liquidity. This combination of presale momentum and major altcoin rallies underpins a bullish outlook for the broader crypto market.
Bullish
MOBU presaleCrypto PresaleTron TRXStellar XLMMarket Analysis

AI-Driven Crypto Mining Boosts Efficiency, Rewards Fall

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Crypto mining faces profit pressure as block rewards decline. To stay competitive, miners are increasingly integrating AI solutions. AI-driven predictive analytics enable dynamic energy management, cost reductions and operational efficiency gains. According to industry leaders, AI uncovers data insights unreachable by traditional setups. Companies adopting machine learning tools can optimize mining rigs in real time, adjust power consumption, and anticipate hardware failures. This shift reshapes the industry’s power dynamics. Miners leveraging AI gain competitive advantages by lowering costs and improving uptime. A company spokesperson noted that embracing AI-driven strategies is vital to sustain operations amid shrinking rewards. As the market evolves, technological adaptation becomes essential for long-term sustainability. Traders should monitor developments in AI-powered mining, as efficiency gains could influence hash-rate distribution and mining profitability. Adoption of AI may drive consolidation among mining firms and affect network security and block production rates. The integration of AI in crypto mining underscores the sector’s evolution and its impact on market dynamics.
Neutral
crypto miningAI solutionsblock rewardsenergy managementmining efficiency

Binance Ethereum Supply Drops to 6-Month Low Amid Accumulation

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On-chain data from CryptoQuant shows Ethereum’s supply on Binance has declined steadily since mid-2025, reaching its lowest level since May at around a 0.0327 exchange-supply ratio. Traders are withdrawing ETH into cold wallets, signaling a shift from short-term selling to long-term accumulation. Historically, reduced exchange supply eases selling pressure and supports bullish momentum over the medium to long term. Technically, Ethereum has recovered to the $3,500 support level and found a floor at the 200-day moving average. Price now faces resistance in the $3,600–$3,700 zone where the 50- and 100-day moving averages converge. A break above this range could target $3,900–$4,000. However, muted trading volume and cautious sentiment suggest near-term consolidation. Overall, the persistent outflow of ETH from Binance underscores growing conviction among long-term holders. If market catalysts like network upgrades, ETF approvals or renewed DeFi activity emerge, Ethereum may be poised for its next bullish leg.
Bullish
EthereumBinanceExchange SupplyOn-Chain MetricsAccumulation

Bitdeer stock plunges as Tether cuts stake after $266M loss

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Bitdeer stock plunged after Tether reduced its stake by 7.7 million shares, intensifying volatility following the mining firm’s weak Q3 results. The Bitcoin mining company reported a net loss of $266.7 million in the third quarter, a 422% year-on-year increase. Tether’s holdings fell from 38.07 million to 30.36 million Class A shares, lowering its stake from 23% to 18%. Since mid-September, the stablecoin issuer executed a series of open-market sales—selling 351,000 shares in early September at about $16 per share and over 3.2 million shares in mid-October at prices above $25. Bitdeer’s shares closed at $15.02 on the session after the earnings release, down 14.9%. The combined effect of heavy stake trimming and disappointing third-quarter earnings has amplified sell-off pressure and raised concerns over near-term share performance.
Bearish
BitdeerTetherStock PlungeQ3 Net LossBitcoin Mining

Dogecoin Price Forecast: $0.25-$0.30 Likely, $0.40 Unlikely

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This Dogecoin price prediction examines whether DOGE can reach $0.40 before 2025. Dogecoin has traded between $0.17 and $0.19 during recent consolidation. Technical indicators signal weak buying pressure. A rally to $0.40 would demand a 125% gain—unlikely given Q4’s historical average returns of 20–40% and frequent downturns. Instead, a move to $0.25–$0.30 appears more realistic. A sustained break above $0.19 could open resistance at $0.21 and $0.25. If Bitcoin price climbs above $120,000, DOGE may surge to $0.30. However, achieving $0.40 requires a parabolic Bitcoin run akin to 2021. Analyst forecasts range from $0.28 to $0.33 by late 2025, with Wallet Investor at $0.28 and other models projecting up to $0.44. Conversely, a market sell-off could drive DOGE to support near $0.10 or $0.08, offering potential accumulation zones for long-term traders.
Neutral
DogecoinPrice PredictionBitcoin CorrelationResistance LevelsAccumulation

Bitcoin Rally Prospects After US Shutdown: What Traders Expect

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Traders eye a potential Bitcoin rally reminiscent of the 2019 shutdown rebound. Bitcoin remains under pressure after falling below $105,000 this week, but comparisons to its 300% surge following the last US government shutdown are fuelling speculation. Between January and June 2019, Bitcoin climbed from $3,500 to nearly $14,000 as weak holders were purged and selling pressure eased. Today, Bitcoin’s drawdown stems from a peak above $126,000 driven by robust ETF inflows and policy signals. A smooth government reopening could restore liquidity, resume ETF approvals and spark further gains. On-chain data shows exchange reserves dwindling and whales accumulating, supporting bullish momentum. Altcoins like Ethereum and Solana have also recovered alongside Bitcoin, indicating broader market confidence. While replicating a >300% rally to $400,000 is unlikely, a 30–70% upswing could lift Bitcoin toward $130,000–$170,000. Traders should monitor funding details, macroeconomic indicators and ETF developments to navigate short-term volatility and assess long-term trend shifts.
Bullish
BitcoinUS Government ShutdownETF InflowsAltcoinsMarket Liquidity

Galaxy Digital Sends 34K ETH to Bitmine, Signaling Demand

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Onchain Lens data shows that on September 9, Galaxy Digital initiated a series of Ethereum transfers totaling 10,319 ETH (approx. $44.6M) to a Bitmine-controlled address over 11 hours, including an initial 2,139 ETH move. Subsequently, a new Bitmine-linked wallet received a single 24,007 ETH (around $82.04M) transfer. These transactions, publicly verifiable on Ethereum explorers, likely fund Bitmine’s staking allocations or operational liquidity. Such large-scale ETH movements reflect growing institutional interest and may influence short-term price volatility. Traders should monitor onchain flows and similar transfers to gauge market sentiment and assess Ethereum demand dynamics.
Neutral
Galaxy DigitalETH TransferBitmineEthereum StakingOnchain Activity

Senate Backs CADENA Act for Transparent Digital Spending

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Philippine lawmakers are urging the Senate to pass Senate Bill No. 1330, known as the Citizens’ Access and Disclosure of Expenditures for National Accountability (CADENA) Act, to create a blockchain-ready, digital-first framework for public spending transparency. TraXion Tech CEO Ann Cuisia and a working group of civic organizations and tech experts refined the bill to remove technical jargon, expand coverage to local government units, and emphasize tamper-resistant, outcome-driven digital reporting. Key updates include replacing “ledger” with clearer transparency mechanisms, shifting from “upload” to “publish” to control costs, and implementing phased rollouts based on local capacity. Industry professionals like Vince Vicente praised the focus on real-world implementation over buzzwords, while experts such as Christopher Star highlighted the need for tamper-evident systems rather than “tamper-proof” claims. The bill, set for Senate sponsorship on November 12, 2025, aims to make every peso of national and local public spending traceable online within nine months of enactment. If passed, the first implementation phase would begin in 2026, laying the groundwork for a robust, blockchain-backed accountability system.
Neutral
CADENA ActBlockchainGovernment TransparencyPublic SpendingPhilippines Senate

Zcash Shielded Pool Hits 23% of Supply, Usage Surges

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According to The Block’s November 12 report, Zcash’s shielded pool assets now account for 23% of total ZEC supply, up from 18% in October. This growth in the Zcash shielded pool underscores rising adoption of privacy features, as shielded transactions conceal sender, receiver and amount details. The expanding shielded pool has coincided with a surge in network usage, making transactions harder to trace and reflecting stronger demand for privacy in crypto markets.
Bullish
ZcashShielded PoolPrivacyZECNetwork Usage

China Alleges US Orchestrated $13B Bitcoin Hack

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China’s National Computer Virus Emergency Response Center (CVERC) alleges the US orchestrated a $13 billion Bitcoin hack in December 2020. CVERC claims state-level hacking tools drained 127,000 BTC from China’s LuBian mining pool and that US authorities later seized the coins in 2024 under false asset forfeiture pretenses. The US Department of Justice maintains the seizure was a lawful action linked to an anti-money laundering probe into Cambodian businessman Chen Zhi’s crypto fraud scheme. US officials formally announced the Bitcoin asset forfeiture on October 14, 2025, citing connections to illicit funds. Beijing dismisses the US narrative and labels the episode a “state-sponsored operation” disguised as law enforcement. It argues that the timing and dormant period of the coins signal government rather than criminal activity, making the 2020 Bitcoin hack a geopolitical flashpoint. The 127,000 BTC represents roughly 0.65% of circulating supply, with potential market impact if tensions escalate. Traders should watch policy developments, on-chain movements, and asset forfeiture actions that may trigger volatility in crypto markets.
Bearish
US-China relationsBitcoin hackAsset forfeitureState-sponsored hackingCrypto market volatility