Crypto Market Correlation With S&P 500 Breaks as Bitcoin Falls Under $100,000
The crypto market experienced a weakening of its historic link with the S&P 500 as it dropped rapidly in just a short period of time, despite its concurrent trends over several months. In the previous week, the S&P 500 declined by around 1.6%, while gold lost less than 1%. Contrary to this, the total crypto
Bybit Pay’s Sri Lanka Launch Could Trigger South Asian Crypto Payment Revolution – Here’s Why
Bybit Pay, the payment arm of the world’s second-largest crypto exchange, has launched in Sri Lanka amid rising interest in digital payments. Key Takeaways: Bybit Pay has launched in Sri Lanka with 100 merchant activations, marking a major step in expanding crypto payments across South Asia. Sri Lanka’s 130% mobile penetration and growing tourism make […]
Trump White House Breaks Silence on CZ Pardon, Confirms ‘Thorough Review’
The White House has defended President Donald Trump’s decision to pardon Binance founder Changpeng “CZ” Zhao, confirming that the clemency followed a “thorough review process” by both the Department of Justice and the White House Counsel’s Office. Speaking at a press briefing on Tuesday, White House press secretary Karoline Leavitt said the pardon was reviewed […]
Pundit Highlights Major Move For XRP And RLUSD, Will Price Follow?
A well-known crypto voice on X is drawing attention to what he calls a “big move for XRP & RLUSD.” He points to Bitnomial, a regulated U.S. derivatives exchange, which recently extended its margin program to include stablecoins and digital assets. Xaif believes this could introduce a new phase of utility for XRP and RLUSD […]
Metaplanet taps $100M Bitcoin-backed loan for BTC purchases, share buyback
The loan came shortly after Metaplanet launched a $500 million Bitcoin-backed share buyback program, after its market-based net asset value fell below 1.0.
Here’s Why Bitcoin’s (BTC) Crash Is a Sentiment Flush, Not a Structural Breakdown
After plunging below $100,000 this week, Bitcoin (BTC) appears to be losing upside traction, raising the risk that the more ambitious 2025-end targets may not be reached this year. Despite intense short-term volatility, fresh data suggests that the latest price action is not a structural reversal, but “a sentiment-led pullback within an otherwise intact market […]
Franklin Templeton Files Updated S-1 for XRP ETF as It Targets Market Launch Before the End of the Month
Franklin Templeton has filed another S-1 amendment with the U.S. Securities and Exchange Commission for its proposed XRP exchange-traded fund. The firm aims to launch the product before the end of this month. The revised filing includes condensed 8(a) language, which enables automatic registration once all regulatory requirements are satisfied. 🚨 Franklin Templeton has updated […]
ASTER, HYPE Lead Altcoin Recovery, BTC Bounces Above $100K: Market Watch
Bitcoin’s nosedive culminated yesterday with a massive price plunge to just under $99,000, which became its lowest level in almost five months. Many altcoins followed suit, including ETH, which turned negative for the year. Now, though, a few of them have posted impressive increases, led by ASTER and HYPE. BTC Bounces Above $100K It was […]
Gemini Prepares to Offer Prediction Market Contracts: Bloomberg
The exchange founded by Cameron and Tyler Winklevoss has discussed unveiling products in this area as soon as possible, according to a report on Tuesday.
Bull or bear market? Traders panic as Bitcoin dips below 365-day average
After dropping under its 365-day moving average price, Bitcoin faces uncertainty as analysts weigh whether it signals a looming bear market or a brief pullback.
Hong Kong Charges 16 in Alleged $205M JPEX Crypto Fraud as Interpol Hunts 3 More Suspects
The case is the largest financial fraud in Hong Kong’s history, with Interpol issuing red notices for three fugitives.
Spot BTC ETFs fail to sure up Bitcoin decline as outflow streak hits $1.9B
Spot Bitcoin ETFs saw a sharp $566.4 million outflow on Tuesday, Nov. 4, extending its five-day drain to roughly $1.9 billion and decisively flipping the week’s tone into risk-off. Fidelity’s FBTC accounted for the majority of the exits at -$356.6 million, with ARKB at -$128.1 million and Grayscale’s GBTC at -$48.9 million. No fund posted […]