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Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Goldman Sachs’ $110M Advisory Fee on $55B EA Take-Private Deal

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Goldman Sachs will earn a record $110M in advisory fees for guiding Electronic Arts through its $55B take-private deal. Negotiations began in March 2025 when Silver Lake approached EA’s CEO, and the offer rose to $210 per share—a 25% premium—after the Public Investment Fund (PIF) and Affinity Partners joined the consortium. The bank receives $10M upfront and $100M at closing, contingent on shareholder and regulatory approvals expected in H1 next year. This advisory fee underlines Goldman Sachs’ leading role in mega-deal financing amid a robust debt market. Crypto traders should note that major buyouts can redirect capital flows and alter risk appetite across sectors. The trends in large-scale M&A advisory can influence liquidity into digital assets and overall market stability.
Neutral
Goldman SachsEA Take-Private DealM&A AdvisoryMega-Deal FinancingCapital Flows

Greenidge Settles NY Permit, Commits 44% GHG & 90% NOx Cuts

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Greenidge has settled a long-running permit dispute with New York’s Department of Environmental Conservation over its natural gas–fired Bitcoin mining facility. The agreement secures a five-year environmental permit renewal, resolves three years of litigation, and ends a 2022 permit denial. Under the deal, Greenidge will pay a $75,000 penalty, invest in emissions controls to cut nitrogen oxide (NOx) by 90%, and fund local habitat restoration. The company also commits to reducing greenhouse gas emissions by 44% by 2030 in line with New York’s 2019 climate law. Greenidge shares jumped more than 30% on the news, reflecting trader optimism. This settlement bolsters regulatory certainty for New York Bitcoin mining but has limited direct impact on BTC price.
Neutral
GreenidgeBitcoin miningEnvironmental permitEmissions reductionNew York

UK and US Plan Cross-Border Crypto Sandbox

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Former MP Lisa Cameron, founder of the UK-US Crypto Alliance, has confirmed that talks with US senators and the SEC’s Crypto Task Force are set to create a joint UK-US crypto sandbox. This cross-border crypto sandbox will streamline licensing passporting between jurisdictions and offer clearer regulation for firms operating on both sides of the Atlantic. The move follows the Bank of England’s consultation on a stablecoin framework paralleling the US GENIUS Act and a dedicated transatlantic working group on digital assets cooperation. Cameron warns that delayed action could drive crypto startups to more supportive markets. Traders should monitor policy updates and sandbox entry criteria, as aligned regulation may lower market entry barriers, spur stablecoin innovation, and attract institutional capital. This regulatory clarity could boost market confidence and token valuations.
Bullish
crypto sandboxregulatory claritycross-border licensingstablecoin regulationUK-US cooperation

Bitcoin Price Surges Past $107K on Institutional Demand

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Bitcoin price surged above $107,000, reaching $107,001.74 on Binance’s USDT pair, marking a new all-time high. The Bitcoin price rally was fueled by accelerating institutional demand, clear regulatory frameworks, favorable macroeconomic conditions, and growing mainstream acceptance. Market depth analysis shows robust buy orders below the $107,000 level, indicating strong support from long-term holders. Technical indicators remain bullish, suggesting that maintaining momentum above $107,000 could pave the way for further gains. However, traders should watch for potential corrections and apply prudent risk management amid prevailing volatility. This milestone underscores Bitcoin’s evolving role as a digital store of value in global finance.
Bullish
BitcoinBTC PriceInstitutional DemandMarket DepthRisk Management

XRP Profit-Taking Caps Rally at $2.80 Resistance

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XRP price rose 12% to $2.53 after Trump’s $2,000 stimulus talk, but profit-taking by long-term holders jumped 240% to $220 million daily following a dip from $3.09 to $2.30. Whale addresses holding 1–10 million XRP sold 500,000 tokens in 48 hours, cutting holdings to 6.23 billion XRP. After $650 million of outflows, whale selling has eased, hinting at a potential bottom. Technically, XRP trades in a descending channel and faces key resistance at $2.60 (50-day SMA) and $2.80 (100-day SMA) where 1.86 billion tokens were acquired. A break above $2.70 could open the path to $3 and the seven-year high of $3.66, but ongoing profit-taking and supply clusters may delay a sustained rally. Traders should watch moving-average confluence, resistance levels, and whale activity for clues on the next move.
Bearish
XRPProfit-TakingWhale SellingResistance LevelsTechnical Analysis

Bitcoin Double Bottom Signals $110K Rally, CME Gap Poses Pullback Risk

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Bitcoin formed a textbook double bottom near $100K and closed above its 50-week moving average, igniting bullish momentum toward a $110K–$111.3K test. On-chain metrics show the Stablecoin Supply Ratio (SSR) has dropped to 13.1, indicating ample liquidity waiting on the sidelines. However, an unfilled CME futures gap at $103.1K–$104K and a major resistance zone near the 85th-percentile cost basis around $108.5K could trigger short-term pullbacks. CryptoQuant data also reveal short-term holders on Binance have increased their BTC balances from 5,000 to 8,700 BTC, pointing to potential sell pressure around the $112K breakeven level. Traders should watch CME gap fills, order-block retests in the $101K–$102.5K range, and resistance at $108.5K for clues on renewed bullish momentum or correction.
Bullish
BitcoinTechnical AnalysisCME GapStablecoin Supply RatioMarket Liquidity

Bitcoin Tops $106K on Shutdown Deal, Fed Easing

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After US government shutdown exit talks and Fed hints, Bitcoin price rebounded above $106,000, ending October’s dip below $100,000. This recovery renewed risk appetite in the crypto market, pushing XRP up 10% and SOL 3%. JPMorgan forecasts easing Fed policy could push Bitcoin toward $170,000 in 6–12 months, though mixed derivatives data and resumed ETF outflows may cap gains. The Bitcoin price recovery is backed by technical indicators: RSI has climbed from oversold levels, futures open interest has fallen, on-chain transfer volumes have risen and fees remain stable. Traders eye a break above $111,000 to target $116,000. Upcoming US economic data, delayed by the shutdown, will be crucial for confirming Fed rate cut expectations and driving further crypto market investment.
Bullish
BitcoinFed EasingUS Government ShutdownCrypto MarketAltcoins

XRP +7% to $2.54, Bitcoin $105.9K; SHIB Stabilizes

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XRP surged 7% to $2.54 on a 110 million token volume spike, breaking short-term resistance but still facing its 100- and 200-day moving averages near $2.65. On-chain data show a 15% rise in active XRP addresses, signaling renewed investor interest. Bitcoin climbed to $105,900 and is consolidating below its 200-day MA at $108,000. A break above the $111,700 liquidity zone could trigger a short squeeze, while failure may lead to a retest of support at $104,000–$103,000. Bitcoin exchange inflows are up 20%. Shiba Inu stabilized near $0.0000106 with an RSI of 49 and support at $0.0000095. However, SHIB’s burn rate has collapsed over 90% amid a 589 trillion token supply, limiting deflationary pressure and rally potential. Traders should monitor XRP’s MA breakouts, Bitcoin’s volume shifts and potential liquidations, and SHIB’s burn activity for signs of sustained market momentum.
Bullish
XRPBitcoinShiba InuTechnical AnalysisOn-Chain Metrics

eToro Q3 Surge: $150M Buyback, Wallet & Tokenization

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eToro delivered a standout performance in Q3, with assets under management (AUM) climbing 76% year-on-year to $20.8 billion. Net contributions rose 28% to $215 million, while GAAP net income jumped 48% to $57 million. The platform saw funded accounts reach 3.73 million, up 16% thanks to the integration of Australia’s Spaceship app. Crypto trading activity surged in October, with 5 million trades (up 84%) and an average trade size of $320 (up 52%). Interest-earning assets also expanded by 55% to $8.7 billion. eToro’s stock reacted positively, rising about 7% intraday after the board approved a $150 million share buyback, including an initial $50 million tranche. Looking ahead, eToro plans to launch its crypto wallet in the coming quarters. The wallet will support tokenization of assets, lending products and prediction markets. The company also rolled out Tori, an AI-driven analyst for personalized trading insights and copy trading enhancements. Following a 2024 SEC settlement and a pause in most US crypto operations, eToro is capitalizing on a pro-crypto shift in US policy. From July, it aims to tokenize 100 US-listed stocks and ETFs as ERC-20 tokens on Ethereum, enabling 24/7 trading similar to Robinhood’s layer-2 approach. Traders should monitor these launches for fresh opportunities in tokenized assets and DeFi services.
Bullish
eToroQ3 earningsshare buybackcrypto walletasset tokenization

Buffett Donation of $1.3B Precedes CEO Transition

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Buffett donation of $1.3 billion in Berkshire Hathaway shares to four family foundations involved converting 1,800 Class A shares into 2.7 million Class B shares. He allocated 1.5 million shares to the Susan Thompson Buffett Foundation and split the remainder among trusts run by his children. This Buffett donation underscores his long-standing philanthropy since 2006 and his role in co-founding the Giving Pledge. The donation featured in Warren Buffett’s final annual shareholder letter, as he prepares to hand over his CEO role at Berkshire Hathaway to Greg Abel by year-end. He will retire from writing annual letters and hosting shareholder meetings but remain an adviser. Analysts say the smooth CEO transition reduces corporate uncertainty and boosts investor confidence. U.S. stocks rallied after lawmakers averted a federal shutdown, reflecting broader market stability. Crypto traders should note that stable leadership and record philanthropy at a major conglomerate may support risk sentiment but have no direct impact on digital assets, suggesting a neutral outlook for crypto markets.
Neutral
Berkshire HathawayStock DonationCEO TransitionPhilanthropyMarket Stability

Gemini Q3 Revenue Beats Estimates on BTC, ETH Volume Surge

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Gemini Q3 revenue beat analyst estimates as BTC and ETH trading volume surged. The Nasdaq-listed exchange narrowed its net loss per share to $6.67, down from $18.33 year over year, driven by record Bitcoin and Ethereum activity. Elevated crypto trading volume boosted transaction and fee income, underpinning stronger-than-expected quarterly results. This Gemini Q3 revenue performance highlights the correlation between trading activity and exchange earnings. Traders should watch BTC and ETH volume trends for signals on liquidity, price volatility and potential trading opportunities.
Bullish
GeminiQ3 earningscrypto trading volumerevenue beatBTC, ETH

Square Launches Instant Bitcoin Lightning Network Payments

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Square has integrated the Bitcoin Lightning Network into its Block Inc payments platform, enabling merchants worldwide to process near-instant Bitcoin payments. Sellers can execute BTC-to-BTC, BTC-to-fiat, fiat-to-BTC and fiat-to-fiat transactions with real-time conversion between Bitcoin and major currencies. Lightning Network support cuts transaction costs and latency, ensuring payments settle almost instantly. The service is compatible with bank-issued debit and credit cards as well as crypto wallets. Merchants can hold earnings in BTC or convert them automatically into USD or other fiat currencies at settlement. Jack Dorsey announced the rollout on X, highlighting live transactions across crypto and traditional rails. Following the news, Block Inc’s shares rose 1.74% to $66.56, valuing the company at about $39.8 billion. This move streamlines crypto payments and could drive broader Bitcoin adoption among global merchants.
Bullish
SquareBitcoin Lightning NetworkInstant PaymentsCrypto PaymentsBlock Inc

BitMine Holds 3.5M ETH; Propanc Plans $100M ETH Treasury

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BitMine Immersion Technologies boosted its ETH holdings by 110,288 during the recent price dip. It now owns 3.5 million ETH, around 2.9% of Ethereum’s 120.7 million supply, valued at $13.2 billion. These ETH holdings now form the centerpiece of its crypto treasury strategy. Acquisitions at roughly $3,903 and $3,639 have left the position at an unrealized loss amid current ETH prices near $3,537. As the largest corporate Ethereum holder, BitMine surpasses peers and aims to reach a 5% share under its “alchemy of 5%” framework, citing market conditions as an accumulation opportunity. The company’s crypto treasury also holds 192 BTC, $398 million in cash and a $61 million stake in Eightco Holdings. BitMine recently co-hosted a tokenization summit with the Ethereum Foundation at the NYSE. Meanwhile, Propanc Biopharma secured a $100 million private placement with Hexstone Capital to establish a digital asset treasury focused on ETH for its proenzyme cancer therapy R&D pipeline.
Bullish
ETH holdingsBitMinecrypto treasuryEthereum supplyPropanc Biopharma

DTCC Lists 11 XRP ETFs, Fueling 10% Price Surge

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DTCC listed 11 spot XRP ETFs—including Franklin XRP Trust, 21Shares, ProShares and Bitwise—prompting an 8.7% rally to $2.46. After the US government shutdown ended, XRP surged 10% to $2.54, lifting trading volume 125% to $6.2 billion and boosting derivatives volume and open interest. XRP ETFs have broken $2.30 resistance, trading at the upper Bollinger Band with RSI at 70, signaling further upside to $2.68–$3.00 and a potential retest of July’s $3.65 high. On-chain metrics improved, with daily XRP Ledger users rising to 19,000–29,000. Analysts predict the first SEC-approved ’33 Act’ spot XRP ETF launch soon, likely driving institutional inflows and sustaining a bullish trend. Key support is at $2.17.
Bullish
XRP ETFDTCCPrice SurgeTechnical AnalysisInstitutional Demand

Mantle MNT Taps Anchorage Porto for Ethereum Custody

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Mantle MNT has integrated with Anchorage Digital’s self-custody wallet Porto to deliver institutional custody on Ethereum Layer 2. As the only US-regulated crypto bank, Anchorage Digital now enables global institutions to hold Mantle MNT securely as treasury assets. This Layer 2 partnership boosts Mantle MNT’s utility in governance voting, DeFi access and real-world asset (RWA) tokenization. Key advisor Emily Bao said institutional firms can now access Mantle MNT on-chain via Anchorage, while CEO Nathan McCauley aims to make blockchain innovation “safe to touch.” Industry observers expect improved institutional inflows to enhance liquidity, market depth and stability for MNT. Traders should monitor MNT price movements, currently near $1.31, for potential upside as compliance and custody features attract new capital.
Bullish
Mantle MNTAnchorage DigitalInstitutional CustodyEthereum Layer 2Real-World Assets

US Treasury Clarifies Crypto ETF Staking and Tax Rules

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The US Treasury Department and IRS have issued comprehensive crypto ETF staking guidance, delivering regulatory clarity on compliance, tax reporting and reward distribution for exchange-traded funds. The rules define clear frameworks for staking mechanisms in ETFs, streamline documentation for staking rewards and strengthen investor protections, particularly for retail participants. This guidance standardizes the tax and operational treatment of crypto ETF staking rewards, lowers barriers for entry and paves the way for financial institutions to launch new staking-enabled and altcoin spot ETFs. Effective immediately, existing and prospective providers are encouraged to adapt their products to the updated standards, potentially driving product innovation, increased competition, fee reductions and deeper liquidity across key altcoin tokens. Traders should monitor forthcoming ETF filings, staking service launches and altcoin spot ETF approvals — developments likely to boost market demand and open up new yield-focused trading opportunities.
Bullish
Crypto ETFStaking GuidanceUS TreasuryRegulatory ClarityAltcoin Spot ETF

Tether-backed Rumble to Buy Northern Data in $767M AI Deal

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Tether-backed Rumble will acquire German high-performance computing firm Northern Data in a $767 million stock deal, offering 2.0281 Rumble Class A shares per Northern Data share. The transaction, part of a joint venture with stablecoin issuer Tether, follows Tether’s prior $775 million investment in Rumble. It includes a $150 million GPU services purchase and $100 million advertising commitment to boost crypto wallet adoption, as confirmed in Rumble’s Q3 investor call. Rumble’s share price surged over 10% on the announcement and rose 7.6% to $6.42 over five days. The deal secures advanced GPUs for Rumble’s AI and decentralized cloud offerings, reinforcing Tether’s strategy to build a privacy-focused, self-sustaining AI ecosystem outside centralized cloud providers and challenge leading video platforms. This move mirrors broader trends in crypto and AI infrastructure M&A, such as Chainalysis’s $150 million acquisition of AI fraud startup Alterya and MARA Holdings’ $168 million purchase of a 64% stake in Exaion.
Neutral
RumbleNorthern DataTetherAI InfrastructureM&A

Bakkt Q3 Loss Deepens on Warrant Liability Shares Plunge 16%

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Bakkt reported a third-quarter net loss deepened significantly, driven by a large non-cash charge on warrants that swelled liability as its share price rose. The Alpharetta-based digital asset platform slashed debt, sold non-core assets, unified its share structure and appointed veteran Richard Galvin to its board as part of streamlining efforts. Despite improved operational metrics, the warrant-related accounting boost drove losses and sparked a 13–16% stock slump in early trading. Traders will monitor whether these measures translate into sustainable revenue streams from trading spreads, custody fees and stablecoin services.
Bearish
BakktQ3 EarningsWarrant LiabilityStock SlumpCrypto Platform

Milk Mocha $HUGS Presale Live: 60% APY, NFT Utility & Deflationary Burns

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The Milk Mocha $HUGS presale has gone global after a record-fast whitelist sell-out. Priced at $0.0002 per token, the HUGS presale requires no KYC, features unlimited purchases, and caps supply with automatic burns for unsold tokens. Every purchase, staking action and NFT interaction adds further deflationary burns to tighten scarcity. Holders can stake HUGS for up to 60% APY with daily compounding and instant reward withdrawals. An upcoming Milk Mocha NFT collection will allow fans to collect, trade and stake NFTs for bonus APY, priority event access and exclusive community badges. A 10% lifetime referral program and the HugVotes governance model empower the community to shape future staking features, NFT drops and charity initiatives. Analysts project potential 150×–200× returns as HUGS moves toward exchange listings. Roadmap milestones include detailed staking dashboards, seasonal NFT drops, mini-game integrations in the HUGS Play Zone, pair staking for double rewards and artist partnerships. The HUGS presale combines viral branding, real token utility and strong deflationary mechanics—offering traders an early entry before prices climb further.
Bullish
Milk MochaHUGS presalestakingNFT utilitydeflationary burn

Fed Warns Rise in Stablecoins Could Lower Neutral Rates

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Federal Reserve Governor Stephen Miran warned that rising demand for dollar-pegged stablecoins could increase loanable funds supply and push the Fed’s neutral rate lower. Research cited by Miran projects the stablecoin market—from $310.7 million now to $1–3 trillion by 2030 or $3 trillion in five years—might lower rates by up to 40 basis points. A key channel is reserve management: Tether’s $98 billion in Treasury bills accounted for 1.6% of short-term Treasuries in Q1 2025, helping to depress front-end yields. Miran highlighted the need for regulatory clarity, praising the GENIUS Act’s full-dollar reserve rules and consumer protections, and noted Canada’s plan for a 2025 national stablecoin framework. As stablecoins expand beyond payments, the Fed will closely watch their macroeconomic impact on bank funding, money markets and Treasury demand.
Neutral
StablecoinsFederal ReserveInterest RatesTetherMonetary Policy

Exodus Acquires Grateful to Boost Stablecoin Payments

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Exodus Movement has agreed to acquire Uruguay-based Grateful, integrating its stablecoin payments platform into Exodus’ self-custodial wallet. Grateful’s tools enable merchants, gig workers and small businesses in Latin America to accept stablecoin payments via wallet-to-wallet transfers, QR-code checkouts and on-chain invoicing. The platform also offers instant fund availability, local currency conversion and a merchant dashboard for transaction monitoring. Exodus will deploy these features across multiple chains – including Polygon (MATIC), Optimism (OP), Arbitrum (ARB) and Solana (SOL) – reducing transaction costs and enhancing its multi-chain capabilities. This move strengthens Exodus’ merchant payment suite and accelerates stablecoin adoption in emerging markets. Following similar initiatives by Stripe and XDC Network, the news drove EXOD shares up 5%, reflecting bullish trader sentiment and signaling potential long-term growth in digital payments infrastructure.
Bullish
Stablecoin PaymentsSelf-custodial WalletLatin AmericaMulti-ChainM&A

Pi Network Price Holds $0.21 Support, Eyes $0.25 Breakout

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Pi Network price has stabilized at the $0.21 support zone, aligning with the 0.618 Fibonacci retracement level and a bullish order block. Sustained trading volume will be crucial to confirm buyer demand. A daily close above $0.21 could trigger a rally toward the next resistance at $0.25, which marks a key liquidity area and potential breakout point. Conversely, a break below $0.21 may lead to a retest of the secondary support near $0.19. Traders should monitor volume trends and daily candle closes to gauge momentum and plan entry or exit strategies.
Bullish
Pi NetworkTechnical AnalysisFibonacci RetracementVolumeAltcoin

MicroStrategy Buys 487 BTC, Holds 641.7K BTC, 26% YTD Gain

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MicroStrategy acquired 487 BTC for about $49.9 million at an average price of $102,557 per coin on November 10, raising total holdings to 641,692 BTC. Following last week’s buy of 397 BTC for $43 million, the firm’s cumulative investment now stands at $47.54 billion with an average cost basis of $74,079 per BTC and a 26.1% year-to-date return. This disciplined accumulation has maintained unrealized gains despite premium purchase prices. Institutional investors and ETF issuers are taking note, and Kynikos Associates closed its short position on MicroStrategy shares, signaling growing confidence in corporate treasury strategies. Bitcoin’s price briefly jumped 1.5% to $105,321 after the announcement, underscoring corporate buys as a bullish market indicator. Continued transparent disclosures, including SEC Form 8-K filings, bolster market trust and may drive further institutional adoption and long-term price support for BTC.
Bullish
MicroStrategyBitcoin AccumulationCorporate TreasuryBTC HoldingsMarket Sentiment

BlackRock Backs Ripple XRP for Trillions On-Chain

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At Ripple’s Swell 2025 summit in New York, BlackRock’s Maxwell Stein and Nasdaq CEO Adena Friedman signaled that Ripple XRP infrastructure is poised to move trillions on-chain. They highlighted the XRP Ledger, RippleNet and the RLUSD stablecoin as fast, compliant solutions for cross-border settlements and scalable liquidity. This institutional endorsement, combined with a favorable SEC ruling and partnerships with Mastercard, WebBank and Gemini, marks a shift from experimental to serious financial adoption of Ripple XRP. Traders should monitor regulatory clarity, partner uptake and market confidence, as these factors will drive XRP demand and liquidity and underline a bullish outlook for Ripple XRP.
Bullish
BlackRockRipple XRPInstitutional AdoptionOn-Chain SettlementsRegulatory Clarity

Trump’s $2,000 Tariff-Funded Stimulus to Curb U.S. Debt

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On Nov. 10, former President Trump unveiled a tariff-funded stimulus plan to deliver $2,000 checks to middle- and low-income Americans and use any surplus tariff revenue to reduce the $37 trillion U.S. national debt. The proposal leverages existing trade tariffs—mainly on Chinese imports—as a revenue-neutral fiscal stimulus without issuing new bonds. Trump highlighted near-zero inflation, record stock markets, peak 401(k) balances and historic factory investments, while labeling critics “idiots” and urging Republicans to avoid shutdowns before midterms. For crypto traders, this tariff-funded stimulus could stoke inflation expectations and drive demand for Bitcoin as an inflation hedge, even as tariff escalations heighten market volatility and strengthen the U.S. dollar. Historical parallels with the 2020 CARES Act suggest potential short-term bullish momentum in the crypto market, though long-term debt reduction efforts may signal fiscal restraint, affecting bond yields and liquidity. Traders should monitor tariff developments, Treasury revenue reports and Fed policy cues to gauge impacts on risk assets and Bitcoin.
Bullish
Tariff-Funded StimulusInflation HedgeBitcoin DemandU.S. Debt ReductionMarket Volatility

Bitcoin Short Liquidation: Hyperliquid Whale at $111.8K

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Bitcoin short liquidation risk is building as a Hyperliquid whale holds a 1.23K BTC short valued at $131 M. Initially flagged with a $104,017 trigger, the position now faces forced cover at $111,770 under 20× leverage. With BTC trading near $106,400—just 5% below liquidation—and $343.9 M in market-wide forced liquidations in the past 24 hours, rising buying pressure could spark a short squeeze. The trader’s account shows $6.36 M unrealized profit, $33.12 M historical gains and an $8.54 M balance. Technical indicators (RSI 66, 15 buy vs 1 sell) and institutional inflows after a €620 M fundraise reinforce bullish momentum. A move above $111,770 may trigger automatic buying of up to $190 M of BTC across platforms, potentially pushing prices beyond local highs. Traders should watch the $104 K–$111.8 K range for rapid volatility and trading opportunities in this evolving Bitcoin short liquidation scenario.
Bullish
BitcoinHyperliquidShort LiquidationLiquidation TriggerShort Squeeze

MicroStrategy Buys 487 BTC for $49.9M, Holdings at 641,692 BTC

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MicroStrategy continued its disciplined Bitcoin accumulation, acquiring 487 BTC last week for approximately $49.9 million at an average price of $102,557 per coin. As of Nov 9, 2025, the company’s BTC holdings total 641,692 coins, purchased since August 2020 for about $47.54 billion at an average cost of $74,079. The Bitcoin reserve is now worth over $68 billion, reflecting a 26.1% year-to-date return and an estimated $20.5 billion paper gain. Alongside recent buys of 397 BTC and 390 BTC, these sustained purchases signal strong institutional demand and could tighten market supply, providing a bullish indicator for traders.
Bullish
MicroStrategyBitcoin PurchaseBTC AccumulationInstitutional DemandMarket Supply

US Senate Budget Deal Ends Shutdown, Poised to Spark Bitcoin Rally

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The US Senate approved a three-part budget deal in a 60-40 vote to end the 40-day government shutdown. The impasse had thinned liquidity and weighed on the crypto market, pushing Bitcoin down 17% to around $104,370. Historical data from the 2018–19 shutdown shows Bitcoin jumped from $3,550 to over $13,000 in five months. Prediction markets Polymarket and Kalshi now favor a swift reopening. Traders expect restored confidence, higher trading volumes and renewed institutional inflows when the budget plan clears, potentially triggering a bullish Bitcoin rally.
Bullish
US Government ShutdownBudget DealBitcoinCrypto MarketPrediction Markets

Crypto Fund Outflows Total $1.17B Led by US Investors

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Crypto fund outflows hit $1.17 billion last week, marking a second consecutive week of net redemptions led by US-based products. Bitcoin funds accounted for $932 million in withdrawals, while Ethereum products saw $438 million redeemed. Conversely, short Bitcoin ETPs attracted $11.8 million, the largest weekly inflow for bearish bets since May. Select altcoins bucked the trend: Solana (SOL) raised $118 million, Hedera Hashgraph (HBAR) drew $26.8 million, and Hyperliquid (HYPE) added $4.2 million. Regional dynamics varied: US funds recorded $1.22 billion in outflows, whereas European markets, notably Germany and Switzerland, posted inflows of $41.3 million and $49.7 million, respectively. Total ETP trading volume remained elevated at $43 billion, briefly spiking amid US government shutdown-resolution hopes before renewed withdrawals. These crypto fund outflows, combined with heightened liquidation levels, underscore divergent regional risk appetites and ongoing liquidity pressures, providing traders with key indicators for market stability.
Bearish
Crypto Fund OutflowsBitcoin OutflowsAltcoin InflowsETP Trading VolumeRegional Risk Appetite