Major cryptocurrencies fell this month as gold and silver surged, highlighting a shift toward traditional safe-haven assets. Bitcoin dropped more than 9% in November, falling below $100,000. Other major tokens also declined: Ether (ETH), Solana (SOL), and Dogecoin (DOGE) fell 11–20%, while XRP lost just over 7%. The drop comes even as the U.S. dollar index (DXY) lost momentum, which normally supports crypto prices. In contrast, gold rose 4% and silver 9%, with other metals like palladium and platinum also gaining. Analysts say the crypto sell-off is due in part to exhausted bullish catalysts. Greg Magadini, director of derivatives at…
Author: Sazid Kabir
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Canary Capital’s new XRP exchange-traded fund (ETF) became the most successful ETF debut of 2025, posting the highest day-one trading volume among more than 900 launches this year. The ETF, called XRPC, reached $58.6 million in volume on its first day of trading, with total inflows of about $245 million. The ETF had strong early activity, trading $26 million in the first 30 minutes, exceeding expectations of around $17 million. Its debut slightly outpaced Bitwise’s Solana ETF, which posted $57 million on day one. Analysts say XRPC is mainly aimed at institutional investors like pension funds, hedge funds, and family…
Almost $5 billion in Bitcoin and Ethereum options are set to expire today on Deribit, creating fresh uncertainty for a crypto market already showing signs of weakness. The expiry, scheduled for November 14 at 8:00 UTC, could influence short-term price moves for BTC and ETH as traders position around key strike levels. This week’s expiry is slightly smaller than last week’s $5.4 billion event, but the stakes are higher due to the market downturn. Analysts say traders should watch max pain levels and option positioning, which often shape price action near expiration. Bitcoin Market Shows Cautious Optimism Bitcoin fell below…
Ethereum dropped nearly 11.5% in the last 24 hours before recovering about 2.5% to trade above $3,230. Despite the bounce, ETH still shows a daily loss of almost 6%. The pullback, however, has created a potential bullish reversal pattern on the chart. The question now is whether buyers can confirm it while large holders remain cautious. Bullish Pattern Appears, but Whale Activity Stays Weak Ethereum has formed a bullish harami on the daily chart. The pattern forms when a small green candle appears inside the body of a large red candle, signaling slowing selling pressure. It often suggests that buyers…
Freshly released emails from House Democrats have renewed questions about former President Donald Trump’s past ties to Jeffrey Epstein, putting pressure on TRUMP meme coin price predictions. The token, which many holders view as a symbol of support for Trump, now faces divided sentiment among investors. The emails do not show evidence of direct wrongdoing by Trump but appear to raise doubts about earlier statements regarding his relationship with Epstein. The White House rejected the claims. Press secretary Karoline Leavitt said the emails were “selectively released” and intended to “smear” the president. The controversy intensified as lawmakers pushed for an…
The crypto market turned lower over the past 24 hours as investors reacted to negative sentiment and rising uncertainty. The total crypto market cap fell by $92 billion, and Bitcoin dropped below $100,000 for the first time since June. Altcoins showed mixed performance, with MYX Finance losing 11%. News Events Add to Market Pressure Two major news stories contributed to the cautious mood: These developments added to the overall uncertainty facing digital assets. Market Cap Falls Below Key Levels The total crypto market cap now stands at $3.29 trillion, slipping below the important $3.31 trillion support. Analysts say holding above…
Cash App announced a major crypto upgrade on Thursday, adding Bitcoin Lightning payments and preparing support for stablecoin transfers. The update aims to make digital payments faster, cheaper, and easier for everyday users. The rollout includes 11 new features and more than 150 improvements across banking, Bitcoin, commerce, and peer-to-peer tools. Lightning Payments Arrive on Cash App Cash App now lets eligible users pay over the Bitcoin Lightning Network. Payments settle in seconds with no fee. Users can pay with Bitcoin or a USD balance after scanning a Lightning QR code, allowing people to access Lightning speed without holding BTC.…
Bitcoin slipped below $100,000 during Asian trading on Friday, and regional stock markets moved lower. Traders reduced their expectations of a U.S. interest rate cut next month after Federal Reserve officials issued hawkish comments that revived inflation concerns. Wall Street sentiment also weakened. Futures turned negative after Thursday’s sharp sell-off, which ended a four-day winning streak for major U.S. indexes. Crypto Market Snapshot Bitcoin’s drop erased recent gains that came from optimism around institutional demand. The token traded below $100,000 for the first time in nearly six months as liquidity weakened and long-term holders continued to sell. Analysts said stronger…
China’s AI platform DeepSeek, known as a “ChatGPT killer,” predicts strong year-end growth for XRP, Solana (SOL), and Zcash (ZEC) as the crypto market recovers from recent corrections. The AI highlights the Federal Reserve’s 25-basis-point interest rate cut as a factor encouraging investors to take on more risk, setting the stage for potential gains in altcoins. XRP (XRP): DeepSeek AI forecasts that XRP could surge 530%, reaching $5–$15 by year-end. The prediction follows Ripple’s legal win against the U.S. SEC and the launch of its RLUSD stablecoin. Technical indicators show stability, with bullish flag patterns suggesting room for a breakout.…
US online gambling company FanDuel is set to enter the crypto prediction market next month, partnering with derivatives marketplace CME Group to offer a new platform for event-based contracts. The platform, called FanDuel Predicts, will allow users to place bets on the outcomes of cryptocurrency prices, sports events, and economic indicators such as oil, gas, and gold. FanDuel plans to launch the mobile app in December. “We can’t wait to bring FanDuel’s proven approach to product innovation into this dynamic sector,” said FanDuel CEO Amy Howe. She added that the partnership with CME Group provides deep derivatives and risk management…