Bitcoin OGs Are Dumping BTC: Early Winter or Pre-Rally Blues?

Key Notes Bitcoin fell to $107,000 as bearish momentum hit early on November 3. This follows large exchange deposits from early Bitcoin OGs, fueling market caution. Crypto experts believe OGs’ moves may be strategic, not bearish. Bitcoin BTC $107 202 24h volatility: 2.9% Market cap: $2.14 T Vol. 24h: $46.89 B started the week on a shaky note as bears took over the broader crypto market in the early hours of Nov. 3. As of writing, BTC slipped to $107,000, marking a 2% drop in its market cap. This drop…

UAE’s second largest telecom provider Du launches Bitcoin cloud mining service

UAE residents can now mine Bitcoin without owning hardware, as telecom operator du launches its first-ever Bitcoin cloud mining platform, “Cloud Miner.” Summary Users can rent computational power via an online auction (Nov 3–9), receiving 250 TH/s for 24 months, with earnings automatically credited to their wallets. The launch at Burj Khalifa marks the first time a UAE telecom has entered Bitcoin mining, reflecting the country’s push for mainstream digital asset adoption. du launches UAE’s first cloud Bitcoin mining platform UAE’s second largest telecom operator du has launched a Bitcoin (BTC)…

Bitcoin Gets Sub-$100,000 Target as BTC Price Cancels Weekend Gains

Bitcoin (BTC) starts November with a dip to $107,000 as traders brace for further support retests. Bitcoin price action gives bulls a grim sense of deja vu as weekend gains evaporate and downside liquidity grows. November seasonality calls for serious BTC price gains, but so far, there is no sign of relief. US-China trade deal hopes are sustaining stocks, while crypto fails to join the party as Fed rate-cut nerves return. Institutional demand reaches seven-month lows compared to the newly mined BTC supply. Bitcoin retail investors are in retreat, as…

AMINA Bank Achieves First MiCA Crypto‑Asset Service Provider License Via Austrian Subsidiary

Swiss crypto-banking group AMINA’s Austrian unit secured a MiCAR crypto-asset service provider license from the Austrian regulator. AMINA Bank AG announces in Zug, Switzerland on 3 November 2025 that its subsidiary AMINA (Austria) AG (AMINA EU) has received a Crypto‑Asset Service Provider (CASP) license from Austria’s Financial Market Authority (FMA) under the Markets in Crypto‑Assets […] Source CryptoX Portal

Ethereum Stablecoins Soar, Uniswap Hits $170B

Key Notes Ethereum’s stablecoin volume hit a record $2.82 trillion in October. USDC and USDT led the surge, accounting for the bulk of onchain settlements. Uniswap processed $170.9 billion, topping all decentralized exchanges. Ethereum’s stablecoin ecosystem exploded in October, hitting a new all-time high in monthly transaction volume with traders rotating into stable assets and yield strategies as the broader crypto market spiraled into uncertainty. Stablecoins on Ethereum Dominate According to The Block’s data, stablecoin volume on Ethereum reached $2.82 trillion, marking a 45% jump from September’s $1.94 trillion. This…

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Hong Kong Opens Crypto Floodgates to Global Capital

Key Notes The SFC plans to allow local crypto platforms to share global order books. More liquidity will enter the Hong Kong market with this move. The shift also aligns crypto trading practices with more traditional asset-trading frameworks used in Hong Kong. Hong Kong’s Securities and Futures Commission hinted at easing restrictions and encouraging cryptocurrency trading with its new plans. The city’s top market regulator will allow locally licensed virtual-asset trading platforms, also known as VATPs, to share global order books with their overseas affiliates, according to a Bloomberg report…

XRP’s Next Earthquake: Billions Set To Flow In, ‘Supply Shock’ Coming—Analyst

According to reports, Evernorth — a Ripple-backed treasury firm — has agreed to merge with Armada Acquisition Corp II and plans to list under the XRPN ticker. The SPAC deal aims to raise $1 billion to build what Evernorth calls a large XRP treasury. Ripple and co-founder Chris Larsen contributed XRP to the project. Nine days after the SPAC announcement, reports said Evernorth had already received $1 billion worth of XRP. The merger is targeted to close in Q1 2026. On Contributions & Cash Buying Because the early inputs were…

Trump Denies Knowing CZ, Highlights Crypto Role By His Sons

US President Donald Trump defended his pardon of Binance co-founder Changpeng “CZ” Zhao, claiming he doesn’t personally know the crypto executive and dismissing criticism that the move was politically motivated. Trump claimed that he doesn’t know CZ in an interview with CBS News’ 60 Minutes on Sunday, reiterating his previous claims after pardoning him in late October. “OK, are you ready? I don’t know who he is,” Trump replied when asked about the pardon in the interview, adding that he had heard that CZ’s case was a “Biden witch hunt.”…