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Crypto News within the week

XRP DEX Hits 954K Transactions as Price Faces Selling Pressure

The XRP Ledger’s native decentralized exchange (DEX) just hit an all-time high of 954,000 daily transactions on November 4, according to on-chain data. While this...

Ethereum Weakens Again, Bulls Unable to Spark Meaningful Recovery

Ethereum price started a fresh decline from $3,480. ETH is struggling to recover and is now at risk of another decline below $3,250. Ethereum started...

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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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Bitcoin Faces Potential 50% Crash—But Analysts Say The Fear Is Overblown

Bitcoin’s recent wobble has split analysts. Some warn of a deep pullback while onchain trackers point to a mild correction that could already be...

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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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Avalanche price crashed to a crucial support level this week as the recent crypto market plunge accelerated. AVAX was trading at $16.70 today, Nov. 7, down sharply from the October high of $36. Technicals suggest that a rebound is possible as the burn rate jumps ahead of the Granite Upgrade. Avalanche Price Could Benefit from

The post Avalanche Price Nears 60% Jump Ahead of Granite Upgrade as AVAX Burn Rate Jumps appeared first on CoinGape.

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