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Crypto News within the week

Bitcoin Coinbase Premium Gap Enters Deep Red Zone — Impact On Price?

The price of Bitcoin closed the historically bullish month of October on a loss for the first time in seven years. While the month started in...

10,000 BTC Bought by Whales Overnight: What Does it Mean for Bitcoin’s Price?

In the last 24 hours, large Bitcoin holders, also known as whales, have added more than 10,000 BTC to their wallets. This comes from...

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Bitcoin

Rising Liquidity Pushes Bitcoin Into Bullish Consolidation

Bitcoin (BTC) is demonstrating signs of healthy consolidation on Binance, with key liquidity metrics reaching multi-month highs. According to analysts, this activity means the market...

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XRP Eyes $5.5, But The Best Entry Is Still Ahead: Analyst

XRP is holding firm on the weekly time frame despite the latest market-wide drawdown, according to an Elliott Wave roadmap shared by crypto technician...

New to Market

Ethereum Price Falls 25% But On-Chain Data and Institutional Staking Signal Q4 Recovery Potential

The Ethereum price dropped nearly 25% this quarter, slipping to lows around $3,099 before stabilizing around $3,300 amid broad market weakness and rising U.S.–China...

Can Ethereum Price Break Below $3k as Exchange Reserves Hit Record Lows?

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Ethereum price has fallen below the $3,300 level, reflecting ongoing selling pressure in the market. Over the past 24 hours, ETH dropped by 2%, hovering around at $3,200. This drop contributes to the massive losses of the cryptocurrency, as it fell by 14 % in the past week and 26% in the last 30 days.

The post Can Ethereum Price Break Below $3k as Exchange Reserves Hit Record Lows? appeared first on CoinGape.

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Arthur Hayes Bets Big on Zcash as It Tops $10B and Surpasses Hyperliquid

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Arthur Hayes has disclosed that Zcash has turned into one of his fund’s biggest liquid holdings as the token’s market capitalization reached over $10 billion, finally surpassing Hyperliquid to re-enter the top 20 cryptocurrencies. Arthur Hayes Doubles Down on Zcash’s Potential Arthur Hayes confirmed in a post on X that Zcash now represents his firm’s

The post Arthur Hayes Bets Big on Zcash as It Tops $10B and Surpasses Hyperliquid appeared first on CoinGape.

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JPMorgan Reveals $340M BlackRock Bitcoin ETF Bet Amid Crypto Treasury Decline

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U.S. banking giant JPMorgan has disclosed a major increase in its BlackRock Bitcoin ETF (IBIT) holdings. However, several corporate treasury portfolios are facing sharp unrealized losses in their crypto holdings. JPMorgan Boosts IBIT Stake by 64% A new 13F filing shows the bank now holds 5.28 million shares of IBIT valued at roughly $343 million

The post JPMorgan Reveals $340M BlackRock Bitcoin ETF Bet Amid Crypto Treasury Decline appeared first on CoinGape.

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Strategy Raises $715M to Buy More Bitcoin Through New Preferred Stock

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Strategy Inc., the world’s first and largest Bitcoin treasury company, has successfully priced its initial public offering of Series A Perpetual Stream Preferred Stock (STRE Stock), raising approximately $715 million (€620 million).  The company plans to use the proceeds primarily to acquire additional Bitcoin and bolster its working capital. The offering, announced on November 6,

The post Strategy Raises $715M to Buy More Bitcoin Through New Preferred Stock appeared first on CoinGape.

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Todays Highlights

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The ongoing government shutdown outlook has jumped significantly on Kalshi. Bitcoin’s correlation with the Nasdaq has tightened as ETF data shows that long-term investors didn’t panic during the selloff. Shutdown Forecast Surges As Market Confidence Weakens The US government shutdown is now expected to last far longer than earlier estimates, according to updated forecasts from

The post Kalshi Sees Nearly 50-Day Shutdown As Bitcoin Now Mirrors Nasdaq appeared first on CoinGape.

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