As Bitcoin undergoes a short-term correction, a divided market outlook emerges. Some experts warn that a break below the psychological $100,000 level could trigger a further plunge to $56,000. On the other hand, on-chain data analysts suggest the current downturn is a healthy adjustment. McGlone Identifies $100K as Critical Support Mike McGlone, Senior Commodity Strategist
The US federal government shutdown, setting a new record for its unprecedented length, is exerting a strong influence on the global economy. Damages and adverse effects are rapidly emerging across various economic sectors. Nevertheless, there is no sign of compromise on the political front. Record-Breaking Standoff Deepens As of Friday, the US government shutdown has
TON Foundation has officially launched MemeRepublic, introducing a new frontier for memecoin enthusiasts, traders, and liquidity providers to compete, collaborate, and earn in an ecosystem built entirely on transparency. With a $1,000,000 Memecoin Fund dedicated to powering on-chain activity, MemeRepublic aims to supercharge memecoin trading across major decentralized exchanges (DEXs) and create a sustainable, community-driven
Lantern Ventures, a London-based proprietary trading firm founded by some former members of Sam Bankman-Fried’s Alameda Research, is winding down its funds after seven years of operation, according to two people familiar with the plans. The crypto investment firm is in the process of returning capital to investors and is closing its external funds, a
The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated that drex would pivot to a platform to facilitate the use of assets as collateral. Central Bank of Brazil Winds Down Drex CBDC Platform, Pivots
Hotcoin, a cryptocurrency trading platform, announced a strategic collaboration with Collably Network, an innovative collaboration platform designed to connect Web3 projects with their potential customers and partners. Through their integration, Collably’s collaboration platform will help Hotcoin onboard additional partners into the cryptocurrency industry. Hotcoin is a centralized cryptocurrency exchange (CEX) platform that allows people to
U.S. spot Bitcoin ETFs resumed inflows on Nov. 7 as institutional demand for the bellwether asset returned, after BTC bulls successfully defended the $100K support level. Summary U.S. Bitcoin ETFs switched back to inflows on Nov. 7 as institutional demand improved. Bitcoin bulls have defended the $100k psycologcial support level twice this week. Crypto markets
Aave’s Horizon platform now supports Securitize and VanEck’s tokenized treasury fund, VBILL, using Chainlink’s NAVLink. Oracle risk remains a concern, even with NAVLink enhancing pricing reliability; oracles continue to be potential points of faulty data or manipulation. Securitize, a tokenization platform that has issued more than $4 billion in on-chain tokenized securities, has integrated Chainlink’s
Story Highlights Social media rumors claim NVIDIA is preparing a massive Bitcoin buy, but a Coinpedia fact-check finds zero evidence, filings, or on-chain activity to support it. Despite viral insider claims, NVIDIA’s focus remains AI and chips, with no official BTC plans; analysts confirm the company hasn’t made or signaled any Bitcoin purchase. Recently, social
Bitcoin’s price is struggling to hold above $100,000, marking one of its weakest phases in recent months. BTC exchange-traded funds (ETFs), once considered bullish catalysts, now appear to be amplifying market pressure. The recent data show that ETF outflows are intensifying Bitcoin’s decline, shaking investor confidence, and presenting a potential bearish phase ahead. Bitcoin May