šŸ” šŸ”“šŸ˜ž Market Analysis: 20-11-03

Crypto markets woke up to a cold front in the early hours, with Bitcoin tumbling below the psychologically critical $90,000 mark and erasing the last of its year-to-date gains. This bruising selloff, which deepened from an October peak above $126,000, spooked investors and triggered rapid retreat... ... Read full šŸ”“šŸ˜ž Market Analysis: 20-11-03

Nvidia Posts $57B Record Revenue Pushing Bitcoin Above $91K

Nvidia Posts $57B Record Revenue Pushing Bitcoin Above $91K

Nvidia surprised markets by posting fiscal third-quarter revenue of $57.01 billion, beating Wall Street estimates by almost $2 billion.Meanwhile, Bitcoin rebounded above $91,000 after briefly dipping below $89,000, as analysts attributed much of the crypto market’s decline to growing concerns about …

Bitcoin futures traders refuse to capitulate even as BTC price drop to $89K

Bitcoin futures traders refuse to capitulate even as BTC price drop to $89K

Key takeaway:BTC derivatives metrics show traders taking precautions, but the data suggests traders are not reaching distressed levels yet.Bitcoin ETF outflows and tech sector weakness keep sentiment subdued, reducing confidence that Bitcoin can hold above $89,000.Bitcoin (BTC) retested the $89,000 …

Monero (XMR) Weakens as Correction Deepens: Analysts Warn of Further Drop Below $350

Monero (XMR) Weakens as Correction Deepens: Analysts Warn of Further Drop Below $350

Monero (XMR) is back under heavy pressure as the market-wide correction deepens, with the privacy-focused cryptocurrency dropping 8% in the past 24 hours to trade at $375.This decline marks the fourth consecutive day of losses, erasing last week’s recovery and signaling a shift in sentiment as trade…

Cipher, IREN and more bitcoin mining stocks get after-hours boost on Nvidia’s blowout Q3 earnings

Cipher, IREN and more bitcoin mining stocks get after-hours boost on Nvidia’s blowout Q3 earnings

With markets continuing their downward trend on Wednesday, the world's largest public company helped stymie the "sell" button with a strong quarterly earnings print.GPU maker Nvidia reported third-quarter revenue of $57 billion and projected fourth-quarter revenue between $63.7 and $66.3 billion, we…

Dogecoin Flashes Major Rebound Signal As Exchange Flows Flip, Analyst Warns

Dogecoin Flashes Major Rebound Signal As Exchange Flows Flip, Analyst Warns

Dogecoin’s exchange dynamics have flipped at a key moment, with fresh on-chain data pointing to a shift in short-term market structure. Crypto analyst Ali Martinez (@ali_charts) highlighted a Glassnode chart showing that Dogecoin’s net supply on centralized exchanges has just turned positive, noting…

BlackRock signals it is working on a new staked Ethereum trust ETF

BlackRock signals it is working on a new staked Ethereum trust ETF

BlackRock has registered for a new staked Ethereum exchange-traded fund in Delaware, signalling that the $13.5 trillion asset manager is now ready to expand beyond its flagship Ethereum ETF product.A Delaware name registration is one of the first steps that a fund issuer needs to take to file for a …

Crypto, tech stocks climb on Nvidia’s blowout Q3 earnings

Crypto, tech stocks climb on Nvidia’s blowout Q3 earnings

Tech and crypto stocks rose in after-hours trading on Wednesday after chip maker Nvidia’s third-quarter earnings beat expectations on the top and bottom line, allaying fears of an AI bubble.Nvidia reported record revenue of $57 billion for its third quarter ended Oct. 26, up 62% from a year ago and …

Block Announces $5B Buyback and 30% Annual Growth Goal in Bold Three-Year Strategy

Block Announces $5B Buyback and 30% Annual Growth Goal in Bold Three-Year Strategy

Block, Inc. shares soared almost 9% on Wednesday after revealing plans to achieve $15.8 billion in gross profit by 2028 and announcing a $5 billion share repurchase, underscoring confidence in continued profitability.The three-year outlook, launched at the 2025 Investor Day, marks a strategic shift …

Bitwise spot XRP ETF launches Thursday amid altcoin fund rush

Bitwise spot XRP ETF launches Thursday amid altcoin fund rush

Bitwise Asset Management announced the launch of its spot XRP exchange-traded fund on the New York Stock Exchange.The ETF will start trading on Thursday under ticker XRP, with a management fee of 0.34% that is waived for the first month on the first $500 million in assets."XRP is a really intriguing…

Abu Dhabi Investment Council triples stake in Bitcoin ETF in Q3: Report

Abu Dhabi Investment Council triples stake in Bitcoin ETF in Q3: Report

The Abu Dhabi Investment Council nearly tripled its exposure to Bitcoin during the third quarter through BlackRock’s spot Bitcoin fund, according to a recent report.Several market participants saw it as a signal that institutional interest in crypto is still gaining momentum in the United Arab Emira…

Bitcoin Adoption Will Accelerate When Economics Make It Unavoidable — Here’s How

Bitcoin Adoption Will Accelerate When Economics Make It Unavoidable — Here’s How

The discourse around the next wave of Bitcoin adoption won’t be fueled by ideology or belief, but will be driven by pure economic advantage. As the global financial system moves toward higher costs, weaker currencies, and increasing inefficiencies, BTC is emerging as the most compelling alternative …

Warning: WhatsApp worm targets Brazilian crypto wallets, bank accounts

Warning: WhatsApp worm targets Brazilian crypto wallets, bank accounts

Brazilian crypto holders are urged to be on the lookout for a sophisticated hacking campaign that includes a hijacking worm and banking trojan shared via WhatsApp messages.Ā According to a new report from Trustwave’s cybersecurity research team SpiderLabs, the banking trojan, known as ā€œEternidade Ste…