Ethereum is attempting to regain stability after the sharp selloff on Tuesday that sent its price plunging below $3,100. The drop triggered widespread liquidations across the crypto market, with ETH briefly touching multi-week lows before finding support. As of today, bulls are trying to reclaim the $3,350 level, a short-term resistance zone that could determine whether the asset stages a broader recovery or faces another leg down. Related Reading Despite the volatility, on-chain data reveals a different story beneath the surface. Large investors — often referred to as whales —…
Day: November 6, 2025
JPMorgan says BTC looks cheap next to gold, points to $170K fair value
Analysts at financial services giant JPMorgan forecast “significant upside” for Bitcoin over the next months in a report on Wednesday. Bitcoin is trading below its fair value relative to gold when adjusted for volatility, according to analysts at JPMorgan. The rise in gold volatility during its rally to all-time highs in October makes the precious metal riskier and Bitcoin (BTC) “more attractive to investors,” analysts said, based on the bitcoin-to-gold volatility ratio falling to 1.8, meaning BTC carries 1.8 times the risk of gold. The report read: This mechanical exercise…
Philippines blockchain bill to battle corruption, crypto KOLs charged: Asia Express
Crypto influencers charged for shilling “Hong Kong’s FTX.” Philippines senate considers putting government budget on blockchain. Asia Express. Hong Kong authorities on Wednesday formally charged influencers linked to the defunct crypto exchange JPEX. Among those charged are Joseph Lam Chok, a lawyer turned influencer, and Chan Yee, a prominent KOL in the crypto community. Prosecutors say they promoted JPEX while either knowing or ignoring that the platform had no approval to operate in Hong Kong. Under Hong Kongs Anti-Money Laundering Ordinance, it is…
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XRP Price Surges on Strong Fundamentals, Outshining Bitcoin and Ethereum
Following a stormy week that erased over $1 trillion in crypto market capitalization, signs of recovery are emerging, with the XRP price leading the way. While Bitcoin struggled to hold the $104,000 mark and Ethereum remained under pressure near $3,400, the XRP price rallied nearly 5% to trade around $2.31, outpacing both majors. Related Reading: Galaxy Digital Slashes Bitcoin EOY Price Target To $120,000 Analysts attribute this strength to robust fundamentals, including Ripple’s strategic partnership with Mastercard and renewed institutional interest following a $500 million investment round. The Mastercard collaboration…
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Google Finance adds prediction markets data in new AI-powered update
The update brings real-time forecasting data from Kalshi and Polymarket to Google Finance, as more major platforms move into the growing prediction markets space. Google is incorporating prediction market data from Kalshi and Polymarket into its search results as part of its AI-powered upgrade, enabling users to view real-time probabilities for future market events directly within the platform. According to a Thursday announcement, the prediction market data will be available in the next couple of weeks, letting users view market odds and track how forecasts have shifted over time by…
$10B Leverage Wipeout Leaves Traders Cautious
Bitcoin is once again at a pivotal moment after briefly dipping below the $100,000 level on Tuesday, testing one of the most important psychological and structural supports of the cycle. The market remains tense as bulls attempt to defend this zone amid rising volatility and persistent selling pressure. Momentum has clearly slowed, and traders are now looking for signs of stabilization as the next directional move takes shape. Related Reading According to top analyst Darkfost, a major shift is unfolding beneath the surface — Bitcoin’s open interest across major centralized…
Base Network Increases Gas Limit to 125 Mgas/s, Targets 150 Mgas/s by Year-End
Key Notes The Ethereum Layer-2 solution upgraded capacity after successfully transitioning from op-geth to op-reth client infrastructure. Network execution speed remains the primary scaling constraint requiring resolution before achieving higher throughput targets. Plans include reaching 400-500 Mgas/s by early 2026 through TrieDB implementation delivering significantly faster state retrieval. Base founder Jesse Pollak announced on Nov. 6 that the network increased its gas limit from 100 to 125 million gas per second. The capacity increase moves the Ethereum Layer-2 closer to its stated year-end target of 150 Mgas/s. NEWS: just scaled…
BITCOIN und ALTCOINS: Das Bäumchen wird gerade zum letzten Mal geschüttelt
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In den letzten Wochen haben Bitcoin und Co. ihre Unterstützungszonen immer wieder getestet. Von einer erhofften Erholung nach dem Tiefschlag ist bislang jedoch nichts zu spüren. Ob sich die Hoffnung auf einen finalen Bullrun zerschlägt, welche Signale dagegen sprechen und in welche gefährliche Schieflage die US-Banken derzeit geraten, erfahren Sie im Interview mit Oliver Michel von der tokentus Investment AG. Hinweis auf Interessenkonflikte: Der Vorstand und Mehrheitsinhaber der Herausgeberin Börsenmedien AG, Herr Bernd Förtsch, ist unmittelbar und mittelbar Positionen über die in…