Anchorage Digital, the platform that operates the only federally chartered crypto bank in the United States, is partnering with Build on Bitcoin to expand institutional access to decentralized finance on Bitcoin. Summary Anchorage Digital now supports BOB, a decentralized finance chain that taps into Bitcoin and Ethereum. BOB has picked Anchorage Digital as its crypto custodian. Move comes as Bitcoin DeFi sees its total value locked hit $9.3 billion. The decentralized finance ecosystem has received a further boost as crypto bank Anchorage Digital becomes a preferred custodian. This support will…
Day: November 7, 2025
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โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io ใFollow me on My REAL Instagram @TradeshipUniversity and DM “CRYPTO” for Automated Trading! ใTwitter Acount: #trading #Crypto #XRP โธป DISCLAIMER: The content shared on this channel including strategies, commentary, and news is solely my personal opinion and is intended for entertainment purposes only. Nothing presented should be interpreted as financial advice or a recommendation to buy or sell any investment or security. I am not a licensed financial advisor, and all information is based on my own speculative views and personal experience.…
Bitcoin Tumbles Below $100K Amid Sell-Off by Long-Term โOGโ Whales
On Nov. 7, bitcoin fell below $100,000 for the second time in a week amid reports of whales offloading millions in crypto holdings. Price Plunge and Market Impact On Nov. 7, bitcoin ( BTC) fell below $100,000 for the second time in a week, dipping to $99,376 amid speculation that long-term holdersโoften referred to as […] Original
Strategy Reveals Pricing for Latest Preferred Stock Offering
Crypto treasury company Strategy is moving forward with its plan to expand Bitcoin holdings, pricing a new euro-denominated perpetual preferred stock designed to fund additional crypto purchases. The company said on Friday that its Series A Perpetual Stream Preferred Stock (STRE) will debut at 80 euros ($92.50) per share, raising an estimated 608.8 million euros in net proceeds. Strategy plans to use the funds to buy more Bitcoin (BTC) and for general corporate purposes. The stock offering is expected to settle on Nov. 13. The new STRE shares are senior…
Solana To Dethrone Bitcoin And Ethereum? Hereโs How The First SOL ETFs Are Faring
US Spot Bitcoin and Ethereum ETFs finally broke their six-day losing streak on November 6, posting their first day of net inflows after nearly a week of continuous capital outflows. Data from SoSoValue shows that Bitcoin ETFs drew $240.03 million in new investments over the past 24 hours, while Ethereum ETFs gained $12.51 million. Solana ETFs, meanwhile, continued to show remarkable consistency, bringing in $29.22 million in daily inflows. That figure extended Solanaโs winning streak to eight consecutive days of positive capital movement, even as other major digital-asset ETFs struggled…
Polymarket Trades Inflated by Wash Trading
The rapid growth of the prediction market Polymarket may not be entirely organic but instead inflated by artificial trading activity, according to research published by Columbia University. In an 80-page paper titled โNetwork-Based Detection of Wash-Trading,โ which has not yet undergone peer review, Columbia researchers identified extensive wash-trading activity on Polymarket beginning in July 2024. That month, they found that wash trades accounted for nearly 60% of the platformโs total trading volume. โThis activity persisted through late April 2025 before subsiding substantially, and once again increased to about 20 percent…
Bitcoin Retests $100K As Altcoins Search For Stability
Key points: Bitcoin has remained above the $100,000 level on a closing basis, but the risk of a breakdown remains until the price rises above $108,000. Several major altcoins are holding onto their support levels, but a weak bounce heightens the risk of a breakdown. Bitcoin (BTC) has risen above $101,000, indicating that the bulls are aggressively defending the $100,000 support. Several analysts say that BTC may bottom near $100,000, but Bloomberg analyst Mike McGlone said in a post on X that BTC could collapse to $56,000. However, not everyone…
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JPMorgan Increases Bitcoin ETF Holdings by 64%, Now Owns $343M in IBIT Shares
Key Notes The banking giant’s accelerated accumulation of IBIT shares demonstrates growing institutional appetite for cryptocurrency exposure. Dimon’s transformation from calling Bitcoin a “fraud” to embracing it reflects the legitimizing impact of regulated ETF products. JPMorgan’s strategic pivot coincides with Bitcoin maintaining support above $100,000 despite recent market volatility. JPMorgan Chase recently disclosed holding 5.28 million shares of Blackrockโs iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF), a 64% increase over its previously reported holdings in June. According to the New York-based fintech firmโs most recent 13F-HR Institutional investment manager holdings…
Mike McGloneโs Scorched Earth Prediction: $56K Bitcoin in the Horizon
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has warned that after losing the $100K level, bitcoin could sink even deeper, reaching $56K. McGlone states that this would be consistent with the behavior of the asset in similar bull runs that happened before. Bloombergโs McGlone Believes $56K BTC Possible if $100K Level Is Lost The […] Original