Ledger, the Paris-based hardware wallet provider, is planning a US IPO in 2026 alongside a potential private funding round. This Ledger IPO push follows a record $2.2 billion in crypto thefts during H1 2025, fueling demand for Bitcoin security. Ledger protects $100 billion in BTC and expects a sales boost over the holiday season. The firm is expanding its New York team to tap institutional capital and crypto infrastructure. An internal debate over new multisignature fees highlights the balance between decentralization ideals and institutional-grade services. The planned Ledger IPO and possible private fundraising mark a strategic shift to leverage market momentum and bolster secure storage amid a surge in crypto theft.
Rich Dad Poor Dad author Robert Kiyosaki warns of an impending financial crash and is increasing his hedges in precious metals and cryptocurrencies. He plans to buy gold and silver, aiming for $27,000 per ounce and $100 per ounce respectively by 2026, citing Jim Rickards along with Gresham’s and Metcalfe’s laws. In crypto, Kiyosaki holds positions in Bitcoin and Ethereum, setting ambitious targets of $250,000 for Bitcoin and $60,000 for Ethereum. On-chain data shows Bitcoin’s Market Value to Realised Value (MVRV) ratio at 1.8—historically a trigger for rebounds—while Fundstrat’s Tom Lee highlights Ethereum’s expanding role in stablecoins and global finance. However, persistent selling by whales and long-term holders is prolonging market consolidation, reminiscent of the post-dot-com era, and could extend subdued price action for another year.
Bullish
Market CrashBitcoin Price TargetEthereum OutlookGold and Silver HedgesMarket Consolidation
Bitcoin price climbed past the $102,000 mark on OKX, reaching $102,036.30 for a 0.31% intraday gain as traders consolidated positions near this key threshold. Trading volume on OKX remained robust, supporting sustained bullish momentum despite recent volatility.
The breakthrough in Bitcoin price establishes a new support level around $102,000, with immediate resistance expected near $103,000. No major fundamental catalysts were reported, indicating market sentiment and technical factors drove the surge. Market participants will closely watch upcoming U.S. Fed policy events for fresh trading triggers.
Robinhood Q3 revenue doubled to $1.27 billion as crypto trading income surged over 300% to $270 million. Net profit rose 271% to $556 million, slightly below estimates. Trading revenue accounted for 57% of total, with stock trading up 132% and options up 50%. Crypto gains were driven by the Bitstamp acquisition and a Kalshi partnership that doubled contract volumes to 2.3 billion. The platform added 2.5 million funded accounts, reaching 26.8 million users, and holds $4.3 billion in cash. Shares initially climbed then slipped on profit-peak concerns. Robinhood Q3 revenue diversification plans include banking services, tokenized stocks, DeFi interoperability, prediction markets and international expansion.
Bitcoin price surged past key resistance to reach $103,000 on OKX, marking a 2.18% gain over 24 hours. Traders reacted with a spike in trading volume as BTC broke through the $100,000 psychological barrier and the $102,000 technical ceiling. Analysts say this breakout could fuel further bullish momentum, with support near $100,000 and potential resistance around $105,000 in the coming sessions. Short-term traders may capitalize on the momentum, while long-term investors watch for sustained support above $100,000. Market participants will monitor major exchanges for continued Bitcoin price volatility and trading opportunities.
Google Finance now integrates real-time prediction market data from Kalshi and Polymarket into its AI-powered platform and search results. The new Deep Search feature, powered by Google’s Gemini AI models, lets users query event odds, view market probabilities, historical trends, sentiment shifts and point-in-time forecasts. Deep Search runs hundreds of simultaneous searches, providing fully cited responses and research plans. The feature launches in Labs with higher limits for AI Pro and Ultra subscribers and rolls out globally—starting in India—in the coming weeks. By combining regulated exchange data from Kalshi with decentralized forecasts from Polymarket, Google Finance offers crypto traders professional-grade market sentiment tools. Weekly turnover in prediction markets topped $2 billion in October. With Polymarket re-entering US markets and Gemini planning its own contracts, this integration could cement prediction market data as a mainstream metric alongside stocks and bonds, enhancing price discovery and data-driven trading strategies.
Bullish
Google FinancePrediction MarketsKalshiPolymarketCrypto Trading
Bitcoin spot ETFs saw net outflows of $137 million on November 5, extending a six-day withdrawal streak and cutting AUM to $139.15 billion (6.72% of BTC market cap). On November 6, the trend flipped with $240 million in net inflows—led by BlackRock’s IBIT ($112 million) and Fidelity’s FBTC ($61.6 million)—lifting AUM to $135.4 billion (6.73%). Ethereum spot ETFs also recorded $12.51 million in net inflows as BlackRock’s ETHA ($8 million) and Fidelity’s FETH ($4.94 million) outpaced Grayscale’s ETHE outflows ($3.52 million), boosting AUM to $21.75 billion (5.45%). Experts attribute the rebound to expectations of a US interest rate cut. These ETF flows highlight shifting investor sentiment and may influence short-term volatility in the crypto market.
Miami Mayor Francis Suarez’s decision to take his $97,000 annual pay in Bitcoin has yielded a 300% gain since 2021 amid Bitcoin’s rally. By adopting a Bitcoin salary model, Suarez underscored his confidence in cryptocurrencies as a macroeconomic hedge with “hardcoded monetary properties,” dismissing concerns over daily price swings. The move highlights the growing acceptance of Bitcoin salary schemes in public sector pay.
Under Suarez’s leadership, Miami unveiled multiple blockchain initiatives — from smart-city projects to crypto-friendly payments — integrating digital assets into municipal governance. These developments parallel broader trends in decentralized systems, cryptocurrency adoption and AI-powered services, reinforcing Bitcoin’s legitimacy in public finance.
Traders should note that while market volatility persists, the example of Suarez’s Bitcoin salary underscores Bitcoin’s potential as a long-term store of value. This institutional endorsement may spur further interest in Bitcoin and related blockchain governance models, suggesting bullish implications for BTC over time.
Circle has updated its USDC stablecoin terms of service, removing a blanket ban on weapons to allow lawful firearm and ammunition purchases using USDC. The revised policy, effective Nov. 5, clarifies that transactions for firearms and related items are permitted when they comply with applicable laws. Circle reserves the right to monitor and block any transactions that breach its terms, including those that facilitate illegal or high-risk activities.
Lawmakers including Senators Cynthia Lummis and Bill Hagerty, along with firearms industry group NSSF, praised the change as a defense of Second Amendment rights and an end to “Choke Point” restrictions. By aligning the USDC policy with constitutional protections and the new GENIUS Act framework for payment stablecoins, Circle aims to strengthen its regulatory standing in the US.
The update may boost USDC’s utility by enabling users to make legal firearm purchases, reinforcing the stablecoin’s political neutrality and potentially increasing user confidence and adoption.
MetaPlanet has resumed its Bitcoin treasury buying after a one-month pause by securing a $100 million loan collateralized with just 3% of its 30,823 BTC holdings. This financing comes from a $500 million open-ended credit facility launched on October 28, offering flexible repayment terms and supporting both share buybacks and further BTC accumulation. The loan will fund revenue-generating projects, including cash-collateralised Bitcoin options, and bolster the company’s market-based net asset value through a ¥75 billion share repurchase programme. In Q3 2025, MetaPlanet’s Bitcoin treasury strategy delivered $18.6 million in options revenue, a 3.5× year-on-year increase. With a 497% year-to-date return and plans to raise $1.4 billion via equity to reach 210,000 BTC by 2027, MetaPlanet’s disciplined approach mirrors peers like Hyperscale Data Inc. Traders should watch how renewed corporate demand may underpin Bitcoin prices and market sentiment.
Ripple USD (RLUSD), the US dollar–backed stablecoin launched by Ripple in December 2024, has surpassed a $1 billion market capitalization in under a year, joining the top 10 dollar-pegged stablecoins. RLUSD’s market cap has surged over 1,200% year-to-date, driven by strong institutional demand and partnerships through Ripple Prime, GTreasury and Rail. Fully backed 1:1 by cash and short-term US Treasuries and issued under a New York Department of Financial Services charter, RLUSD emphasises regulatory compliance and transparency via monthly third-party attestations. Available on both the XRP Ledger and Ethereum, it supports fast, low-cost cross-border payments and corporate treasury operations. While RLUSD still trails Tether (USDT) and Circle’s USDC in overall scale, its rapid growth underscores Ripple’s post-SEC victory momentum and the expanding role of regulated digital dollars.
Crypto ETFs recorded consecutive net outflows over two reporting days. On October 31, Bitcoin ETFs saw 4,970 BTC (US$544 M) withdrawn and on November 4 another 1,723 BTC (US$180 M), totalling 6,693 BTC. BlackRock’s iShares Bitcoin ETF led redemptions with 2,724 BTC and 1,748 BTC, cutting assets from 802,811 BTC to 799,701 BTC. Ethereum ETFs experienced similar pressure: 54,799 ETH (US$210 M) out on October 31 and 38,833 ETH (US$138 M) on November 4, totalling 93,632 ETH. BlackRock’s iShares Ethereum ETF saw 31,754 ETH and 22,681 ETH redeemed, reducing holdings from 4,002,725 ETH to 3,970,064 ETH. These crypto ETF outflows signal profit-taking, portfolio rebalancing and cautious institutional demand amid market volatility.
BitMine Immersion Technologies has increased its Ethereum treasury to 3.4 million ETH (about 2.8% of circulating supply) by acquiring an additional 82,353 ETH during recent market dips. The publicly listed mining and cooling solutions firm also boosted cash reserves to $389 million, bringing its total crypto and cash treasury to $13.7 billion, which includes 192 BTC and a stake in Orbs. Now halfway to its goal of holding 5% of Ethereum’s supply, BitMine’s buy-the-dip strategy highlights growing institutional adoption following 2024’s ETH ETF approvals and corporate treasury diversification into staking tokens like ETH and SOL. Traders should monitor institutional accumulation, ETF inflows and dip-buying signals as potential catalysts for medium-term price support and upside in the Ethereum market.
Coinbase Q3 revenue rose 55% year-on-year to $1.8 billion, 25% above Q2. The surge was powered by a $295 billion trading volume across retail and institutional clients. Transaction revenue climbed with BTC, ETH and XRP price gains and record USDC stablecoin balances. Subscription and services revenue increased 14% to $747 million. Institutional transaction revenue more than doubled to $135 million, helped by the Deribit acquisition. Retail trading revenue jumped 30% to $844 million. Operating expenses fell 9%, lifting net income to $433 million. For Q4, Coinbase forecasts $385 million in transaction revenue against $1.4 billion in operating costs. The exchange continues its Everything Exchange expansion into tokenized equities, perpetual futures and Base token exploration. Recent M&A, including the $375 million Echo deal and a higher stake in CoinDCX, underlines its growth push.
The European Commission plans to publish in December a markets integration package granting the European Securities and Markets Authority (ESMA) expanded powers to directly supervise major cross-border entities—including crypto asset service providers, exchanges, clearinghouses and depositories—to streamline EU crypto regulation and complete the capital markets union. ESMA would gain binding authority to resolve conflicts among national regulators and enforce uniform MiCA rules across member states. ECB President Christine Lagarde and ex-ECB chief Mario Draghi support the plan, arguing that centralized oversight can lower cross-border compliance costs and attract institutional participation. Financial hubs such as Luxembourg and Dublin warn of higher compliance burdens, while Germany’s recent backing may prove decisive. Traders should watch for clearer crypto licensing rules and stronger enforcement, which could boost market stability and trading efficiency.
Binance co-founder Changpeng “CZ” Zhao personally invested $2.5 million to acquire Aster tokens, driving the price from $0.91 to a peak of $1.28—a 30%+ surge within minutes. Trading volume rocketed from $224 million to over $2 billion in 24 hours, while self-reported seven-day volume spiked above $70 billion before DefiLlama flagged it for verification. Market cap climbed from $1.8 billion to $2.5 billion. Retail traders opened new long positions following CZ’s lead, even as whales placed significant short orders anticipating a pullback. CZ likened this move to his first BNB purchase in 2017 and plans to buy more Aster at lower levels. Separately, Senator Elizabeth Warren reaffirmed her 2023 AML conviction comments, rejecting Zhao’s defamation claims. Traders should watch Aster’s volatility, volume scrutiny, and potential corrections amid ongoing bullish momentum.
Thodex founder and ex-CEO Faruk Fatih Ozer was found dead on November 1 in his single-person cell at Tekirdag F-Type High Security Prison in Turkey. Authorities have opened a formal suicide investigation. Ozer, serving an unprecedented 11,196-year sentence for aggravated fraud, money laundering and leading an organised crime group, oversaw Thodex’s abrupt collapse in April 2021. The collapse triggered estimated investor losses of $24 million to $2.6 billion. After fleeing to Albania, he was arrested in August 2022 and extradited to Turkey in 2023. Traders are monitoring the impact amid a broader crypto market cap of $3.66 trillion, up 0.39% in 24 hours but down nearly 10% over the past month.
Ozak AI Presale has entered Phase 6, with the OZ token priced at $0.012—up over 1,100% from its $0.001 launch. To date, 968.7 million tokens have sold, raising $4.02 million. The next Phase 7 price will rise to $0.014, ahead of a $1.00 listing target. At that level, OZ could deliver up to 8,233× returns, turning a $10,000 stake into about $833,333. By contrast, Bitcoin’s advance from $107,000 to a projected $200,000 implies roughly an 87% ROI.
This Ozak AI Presale combines AI-driven data services with a DePIN infrastructure, cross-chain functionality and audited smart contracts. Strategic partnerships with Hive Intel (HIVE), Weblume and SINT enhance on-chain analytics, no-code integrations and automated execution. Traders should assess the high-growth token utility of this altcoin against Bitcoin’s established store-of-value role.
Bullish
Ozak AI PresaleToken PresaleAI-driven DePINROI PotentialBitcoin Comparison
Polymarket ‘Bankman-Fried pardon odds’ jumped from 5.6% to over 12% in 12 hours following former Binance CEO CZ’s pardon by Trump, then surged to 15.5% as traders staked over $6.5 million. One contract peaked at 19.1% with $302,000 bet on clemency. Early release odds for 2025 reached a high of 15% before settling near 12%. Analysts attribute the rapid repricing to sentiment-driven trading on political signals rather than legal developments. Polymarket’s U.S. expansion, backed by CFTC approval and the $112 million QCEX acquisition, has boosted trading volumes. Sam Bankman-Fried, serving a 25-year sentence for $8 billion fraud, remains reliant on a presidential pardon. Traders will watch White House cues for further shifts in Bankman-Fried pardon odds and broader crypto markets.
Nordea Bank will introduce a CoinShares Bitcoin ETP on its platform in December 2025. The execution-only product synthetically tracks Bitcoin’s price. It requires no direct custody or private key management, and trades on regulated exchanges through existing Nordea accounts.
This launch follows rising client demand across Denmark, Norway, Sweden and Finland, as well as clearer licensing under the EU’s MiCA regulation. By offering a regulated Bitcoin ETP, Nordea reduces self-custody risks and operational complexity for investors. CoinShares also extends its digital asset suite with Ethereum ETPs.
Market experts view the move as a key milestone in institutional adoption of crypto in Europe. The Bitcoin ETP could attract fresh inflows, bolster liquidity and confidence, and pave the way for other banks to offer crypto products amid a maturing market.
Western Union has filed a trademark application for “WUUSD” with the US Patent and Trademark Office, expanding its stablecoin offerings. The Oct. 29 filing covers crypto wallet software, stablecoin payment processing, trading services, lending and exchange functions under a broader Digital Asset Network. This move follows its October announcement of the USDPT stablecoin, set to launch on Solana in early 2026 via Anchorage Digital Bank with global transfers and cash redemption channels. Analysts at William Blair expect the strategy to lower remittance settlement costs and boost capital efficiency. The WUUSD trademark, filed one day after the USDPT launch announcement and overlapping a prior USDPT trademark, hints at a multi-token approach. Backed by clearer rules under the US GENIUS Act, Western Union’s stablecoin push marks its most significant blockchain involvement since its 2018 Ripple pilot. The initiative could reshape remittance markets and prompt other legacy payment firms to accelerate their crypto offerings.
Canary Capital updated its S-1 filing by removing the delaying amendment, triggering the 20-day auto-effective window under the Securities Act of 1933. If the SEC raises no further comments and Nasdaq approves its Form 8-A, the fund could launch as a spot XRP ETF on November 13. However, final SEC review and potential amendment requests still pose timing risks.
Meanwhile, existing XRP ETF products from Teucrium, Volatility Shares, Rex-Osprey, ProShares and Purpose have drawn significant investor inflows. Teucrium’s leveraged XRP product leads with over $384 million, and Rex-Osprey holds $114.6 million. These figures underscore strong market demand ahead of the new ETF launch.
Traders should watch SEC feedback, Nasdaq approval and asset movement for trading opportunities in the XRP ETF sector.
Bullish
XRP ETFCanary CapitalSEC ReviewNasdaq Form 8-AInvestor Inflows
Bybit has partnered with Anchorage Digital to launch bbSOL institutional custody, offering segregated wallets, insurance coverage and compliance oversight for bbSOL, Bybit’s Solana-based liquid staking token. The bbSOL institutional custody solution enhances security and regulatory adherence, meeting growing demand from professional investors and strengthening market confidence. Bybit leverages this partnership to boost liquidity and on-chain yield opportunities without locking SOL, allowing institutions to earn staking rewards seamlessly. Solana (SOL) trades around $195, up 0.3% daily and 4% weekly with a market cap above $107 billion. Analysts remain bullish: one forecasts a break above $194 support could trigger a rise to $295–$400 via a five-wave Elliott impulse, while another notes that sustained closes above $260 may spark an explosive rally. This collaboration is set to accelerate institutional adoption of bbSOL and support both short-term momentum and long-term market stability.
Uphold has relaunched its US debit card, this time on the Mastercard network, offering up to 10% back in XRP rewards to boost crypto adoption. Available nationwide with no annual or monthly fees, the card supports Apple Pay and Google Pay and lets users spend over 300 digital assets in-store or online. By default, cardholders earn 1.5% back in BTC, 2% in ETH and 3.5% in XRP on purchases. Rewards jump to 10% on eligible spending when users stake XRP via Uphold’s Earn program during an initial 90-day promotion. The service returns after a March 2023 pause amid regulatory uncertainty, signaling renewed confidence in crypto payments. Competing products such as Gemini’s 4% SOL credit card underscore intensifying competition. XRP trades near $2.45 with support at $2.26 and resistance at $2.55. Uphold’s strategy to drive adoption through high-yield rewards positions it against rivals like Coinbase and BlockFi.
SpaceX moves over $900M in Bitcoin to a new self-custody wallet in two major transfers tracked by Arkham Intelligence. First, it sent 281 BTC (~$31M) from Coinbase Prime to an institutional wallet. Then, it consolidated 94,000 BTC (~$894M) from Coinbase Custody into a self-hosted wallet. These moves underline SpaceX’s long-term Bitcoin conviction and a focus on security. No sales were recorded. Traders should watch related BTC wallet activity and on-chain data for potential market impacts.
Australia’s Securities and Investments Commission (ASIC) has expanded its digital asset licensing guidance under the Corporations Act 2001, replacing “crypto assets” with “digital assets” and specifying 13 scenarios—such as staking programs, wrapped tokens and fiat-backed stablecoins—that qualify as financial products requiring an Australian Financial Services (AFS) licence. Custodians holding client assets must meet net tangible asset requirements up to A$10 million unless custody is incidental, and stablecoins may also fall under non-cash payment facility rules. Offshore and decentralized platforms marketed to Australian users remain subject to local oversight. ASIC will offer a transitional no-action position until mid-2026 to allow firms time to apply for licences. This guidance paves the way for the upcoming Digital Asset Platforms and Payment Service Providers legislation, aiming to enhance market clarity and manage risks in Australia’s growing digital asset sector.
Neutral
ASIC RegulationDigital Asset LicensingStablecoinsCustody RequirementsTransitional No-Action Period
On-chain data shows two significant Chainlink whales have withdrawn over $12M in LINK from Binance in separate transactions. A newly created wallet pulled approximately 490,188 LINK (~$9M) and now holds 771,095 LINK (~$14M), while address 0x617 removed 168,760 LINK (~$3.08M) over three days, including a 30,620 LINK (~$550K) transfer just an hour ago. These large-scale CEX withdrawals reduce sell pressure on Binance reserves and may signal bullish momentum for Chainlink. Traders should closely watch on-chain flows, exchange LINK balances, and price action for potential upside opportunities.
US spot altcoin ETFs for Solana (BSOL), Hedera (HBR) and Litecoin (LTCC) launched on October 27, drawing a combined $65 million in first-day trading volume. The Solana ETF led with $56 million in volume, but SOL fell 3.6% to $191 as traders engaged in profit-taking after pre-launch hype. Hedera’s spot ETF saw $8 million in trades, coinciding with a 4.9% jump in HBAR to $0.193, supported by enterprise network interest and potential staking yields. The Litecoin ETF recorded only $1 million in volume, and LTC dipped 3.3% to $96, underscoring limited appeal for legacy assets.
This altcoin ETF debut highlights selective investor focus within the US crypto market. Institutional and retail traders rewarded assets with strong fundamentals or staking opportunities, while established tokens faced sell-the-news pressure. Key indicators showed neutral-to-weak momentum for SOL and LTC, versus bullish sentiment for HBAR, suggesting capital rotation into lower-cap Layer-1 projects. Traders should monitor ongoing ETF flows, regulatory updates and technical signals to gauge demand shifts and identify trading opportunities in regulated crypto markets.
The MegaETH token sale closed within minutes after drawing over $450 million in bids against its $50 million cap. This MegaETH token sale allocated just 5% of the 10 billion MEGA token supply, with bid tiers ranging from $2,650 to $186,282. Participants who lock MEGA tokens for one year receive a 10% discount, but due to heavy oversubscription, many bidders will only secure partial allocations. On-chain analysts warn this frenzy may be driven more by FOMO than fundamentals. MEGA tokens are set to launch on selected centralized and decentralized exchanges in January 2026, powering new Layer-2 features like sequencer rotation and proximity markets. Traders should weigh the initial bullish sentiment of the MegaETH token sale against the risks of inflated valuations in early-stage crypto projects.