Coinbase Stock Rises 4.87% After New Token Sales Platform Announcement

Key Notes The platform prioritizes small purchasers through bottom-up allocation, preventing whale dominance in token distributions. Monad’s MON token debuts November 17 across 80+ countries, including the US for the first time in six years. Early sellers face reduced allocations in future sales as Coinbase implements community retention incentives. Cryptocurrency and digital asset exchange Coinbase has announced the launch of a new token sales pre-listing platform. The firm’s stock received a boost on the news, rising approximately 4.87% over the previous day’s close of about $309.16 to a morning high…

BitMine Adds 110K ETH to Push Holdings to 3.5M, Now Owns 2.9% of Supply

Key Notes The company acquired 110,288 ETH in one week, a 34% increase from the previous period, despite declining market conditions. Recent purchases at $3,903 and $3,639 now show unrealized losses with ETH trading around $3,537 currently. Shareholders criticize BitMine’s refusal to stake its holdings while competitors like SharpLink earn returns through staking programs. BitMine Immersion Technologies disclosed on Nov. 10 that its Ethereum ETH $3 526 24h volatility: 0.2% Market cap: $426.85 B Vol. 24h: $31.16 B position reached 3,505,723 tokens as of Nov. 9 at 8 p.m. ET.…

$131M Bitcoin Short at Risk of Liquidation as BTC Nears $111,770

Key Notes The whale generated $33.12M in total profits historically and currently holds $6.36M unrealized gain on the short entered at $111,499. Today’s crypto market recorded $343.89M in liquidations, with short positions accounting for $256.95M versus $86.94M in longs. Bullish technical indicators and institutional accumulation activity are creating upward price pressure toward the liquidation threshold. A Hyperliquid trader faces potential liquidation of a 1.23K Bitcoin short position valued at $131 million if the cryptocurrency reaches $111,770. The wallet address 0x5d2f..b7 opened the position using 20x cross leverage on the decentralized…

Bybit Eyes South Korean Expansion with Korbit Acquisition

Key Notes South Korea’s Maeil Business Newspaper reported that Bybit is considering the acquisition of Korbit. It intends to start by acquiring a 31.5% stake, which belongs to SK Planet. Korbit claims that the Bybit acquisition is a baseless rumor. It is rumored that Bybit is considering the acquisition of Korbit, South Korea’s fourth-largest cryptocurrency exchange. Some sources claim that Bybit has met with Korbit’s management to begin the acquisition process. Bybit to Start with SK Planet’s Stake Though no official announcement has been made concerning the acquisition, it could…

SOL Sees 60% Uptick in Volume as Analysts Eye New Highs

Key Notes Solana rebounded strongly after dipping below $150 earlier this month. Trading volume jumprf 60%, reaching $5.52 billion in 24 hours. Analysts see potential breakout above $167 that could trigger new highs. Solana SOL $167.5 24h volatility: 5.2% Market cap: $92.66 B Vol. 24h: $5.63 B has regained bullish momentum after a recent correction pushed its price below the $150 mark. At the time of writing, the cryptocurrency is trading around $168.2, up by 6.4% over the past 24 hours, adding nearly $6 billion to its market capitalization. The…

$1.17B Outflows Hit Digital Investment Products

Key Notes Digital investment products bagged a massive $1.17 billion in outflows in the past week. This marks the second consecutive week of outflows from the crypto market. Solana, XRP, and other altcoins recorded inflows, though crypto liquidation topped $341 million recently. CoinShares has released its Digital Asset Fund Flow weekly report, which shows that crypto-based products recorded up to $1.17 billion in outflows. This reflects the harsh conditions that plagued the broader cryptocurrency market this past week. Even Bitcoin BTC $106 121 24h volatility: 3.8% Market cap: $2.12 T…

James Wynn Liquidated 12 Times in 12 Hours

Key Notes Bitcoin rebounded 4% as crypto market momentum stabilizes. James Wynn faced another string of liquidations after risky leverage trades. Analyst says market is cooling, not collapsing, signaling a mid-cycle reset. The crypto market kicked off the week with a sharp rebound as Bitcoin BTC $106 204 24h volatility: 4.1% Market cap: $2.12 T Vol. 24h: $70.98 B surged nearly 4% on Nov. 10. Amid the upswing, crypto trader James Wynn, known for his aggressive trading style, was liquidated 12 times in just 12 hours. According to data shared…

Crypto Liquidation Hits $341 Million as Bitcoin Reclaims $106,000

Key Notes Bitcoin price is currently around $106,000, hinting at a massive recovery. Crypto market liquidations are at $341.85 million, with Bitcoin traders affected the most.the broader cryptocurrency industry has recorded up to 117,978 traders liquidated within the last. The crypto market cap has surged by almost 4% to rest at $3.56 trillion. In the wake of the ongoing Bitcoin BTC $106 326 24h volatility: 4.7% Market cap: $2.12 T Vol. 24h: $70.85 B price recovery to $106,000, 24 hours. The liquidations from BTC, ETH ETH $3 623 24h volatility:…

Korean Banks Team Up with Tech Firms Over Stablecoin Plans

Key Notes Korea’s top banks are partnering with Naver, Kakao, and Samsung to accelerate stablecoin development. Stablecoin transactions have already surpassed 60 trillion won despite unclear regulations. Financial regulators plan to introduce a stablecoin bill by the end of 2025. Leading South Korean banks and tech companies made it clear that they seek dominance in the stablecoin space. According to reports from The Korea Times, financial holding groups KB, Shinhan, Hana, and Woori are forming alliances with Naver, Kakao, and Samsung Electronics to accelerate stablecoin development and issuance. These collaborations…

Crypto Market in Green on Nov. 10, Market Cap Over $3.58T

The crypto market gained about $170 billion in just a day as fresh confidence swept across global trading. As of press time, the total market capitalization reached $3.58 trillion. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content. Cryptocurrency News, News…