Bitcoin Demand ‘Resurgence’ May Happen, Despite November Plunge

Bitcoin is poised to buck its usual strong November performance, but Bitfinex analysts suggest demand could return very soon.  November has historically been Bitcoin’s (BTC) strongest month, posting an average return of 40.82%, according to CoinGlass. However, October closed down 3.69% — despite typically delivering average gains of around 19.92% — leading some to question…

Essential Bitcoin Price Points Traders Should Track Now

Major moving averages on price charts are likely to act as key battlegrounds where bulls and bears fight for control. Source link

US Bancorp Testing Stablecoin Issuance on Stellar Network

US Bancorp is running a stablecoin pilot on the Stellar blockchain, joining the growing number of banks experimenting with the technology.  The bank is partnering with consulting company PricewaterhouseCoopers (PwC) and the Stellar Development Foundation to run the pilot.  “The bottom line is institutions have arrived. New financial infrastructure is taking shape now, and US…

MegaETH Freezes Pre-Deposit After Early Sale Chaos

MegaETH’s pre-deposit event unraveled on Tuesday after a cascade of technical failures disrupted what was meant to be a controlled opening for verified users. In an X post, the team said that configuration errors and rate-limit issues caused the platform’s Know Your Customer system to fail. The pre-deposit was an early window for verified users…

Polymarket Wins US Regulatory Approval

Today in crypto: Polymarket received approval to operate an intermediated trading platform in the United States. The United Arab Emirates introduced a new financial law bringing crypto under regulatory oversight, and crypto projects saw their second-best quarter of venture capital funding since Q3 2022. Polymarket wins regulatory approval to operate US trading platform Prediction platform…

$14B Monthly Bitcoin Options Expiry Puts A Cap On BTC Price

Key takeaways: Friday’s $14 billion BTC options expiry favors neutral-to-bearish bets as most call (buy) strikes sit above $91,000, increasing pressure on bulls. Bitcoin traders added year-end call options near $100,000 despite recent losses, showing that bullish expectations persist. Bitcoin (BTC) price dropped on Tuesday after failing to hold the $89,200 level reached the previous…

Polymarket Wins US Regulatory Approval

Today in crypto: Polymarket received approval to operate an intermediated trading platform in the United States. The United Arab Emirates introduced a new financial law bringing crypto under regulatory oversight, and crypto projects saw their second-best quarter of venture capital funding since Q3 2022. Polymarket wins regulatory approval to operate US trading platform Prediction platform…

Polymarket Wins US Regulatory Approval

Today in crypto: Polymarket received approval to operate an intermediated trading platform in the United States. The United Arab Emirates introduced a new financial law bringing crypto under regulatory oversight, and crypto projects saw their second-best quarter of venture capital funding since Q3 2022. Polymarket wins regulatory approval to operate US trading platform Prediction platform…

How Zcash Became Coinbase’s Most-Searched Crypto in November

Key takeaways: Zcash surged more than 10x within weeks, briefly returning to large-cap territory with a valuation above $10 billion. On Coinbase, ZEC became the most-searched asset in mid-November, surpassing both Bitcoin and XRP. The rally is supported by several real shifts: the 2024 halving, rising shielded balances and the NU6.1 holder-controlled funding model. Analysts…

Total Supply Losses For BTC, ETH, SOL Are Overstated: Data

Recent data from Glassnode showed Bitcoin (BTC), Ether (ETH), and Solana (SOL) reflecting record high levels of their supply held at a loss.  However, a closer examination of the locked supply, institutional holdings, and staking structures revealed that the effective liquid supply under pressure is significantly lower than the implied percentages, especially for Ether and…