šŸ” šŸ”“šŸ˜ž Market Analysis: 19-11-21

The crypto markets have endured a fierce selloff in the last hours, as Bitcoin slid below the psychologically crucial $90,000 mark, shattering investor confidence and wiping out gains amassed earlier this year. Data shows more than $600 billion has evaporated from Bitcoin’s market cap since its... ... Read full šŸ”“šŸ˜ž Market Analysis: 19-11-21

Kraken Files for US IPO After Securing $800M Funding

Kraken Files for US IPO After Securing $800M Funding

Kraken has filed a confidential draft registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO).Digital assets meet tradfi in London at the fmls25The filing follows an $800 million funding round that valued the San Francisco-headquarte…

Pi Network (PI) Price Rises Again—What’s Behind Today’s Move?

Pi Network (PI) Price Rises Again—What’s Behind Today’s Move?

Pi Network’s native token, PI, is gaining short-term traction as buyers return after a muted week of consolidation. Over the past 24 hours, the Pi price has pushed higher, holding above its key intraday support and showing fresh signs of accumulation. While the move isn’t explosive, it stands out du…

Nearly $115 Million Longs Liquidated As Bitcoin Drops to 7-Month Low, $70,000 Incoming?

Nearly $115 Million Longs Liquidated As Bitcoin Drops to 7-Month Low, $70,000 Incoming?

In the past 60 minutes, over $112 million longs have been liquidated as traders de-risk in anticipation of the FOMC minutes.Bitcoin slipped below the $90,000 psychological levels, blowing millions in long positions out of the water.$115 Million Longs Wiped Out Amid FOMC Minutes JittersData on Coingl…

Bitcoin Nosedives Below $90K, but Bottom Might Be Close

Bitcoin Nosedives Below $90K, but Bottom Might Be Close

Bitcoin, the leading cryptocurrency, has collapsed below the $90,000 level. It is currently changing hands slightly above the $89,000 level, according to CoinGecko data.Ā Is this a healthy correction?Ā According to Chris Kuiper, vice president of research at Fidelity's digital asset arm, the current o…

Bullish stock falls after posting $18.5 million profit in Q3 earnings

Bullish stock falls after posting $18.5 million profit in Q3 earnings

Bullish (BLSH) stock dipped 8% on Wednesday following the publication of its third-quarter results, showing the crypto exchange brought in record revenue after introducing spot markets in the U.S. and options trading.The firm recorded $18.5 million in net income in the third quarter, up from a $67.3…

Coinbase app code appears to include early prediction market and stock-trading modules

Coinbase app code appears to include early prediction market and stock-trading modules

Users of Coinbase, the United States' largest crypto exchange, may soon have access to prediction markets and tokenized stock trading directly inside the app.Screenshots shared by independent researcher Jane Manchun Wong suggest Coinbase is testing interfaces for prediction markets and tokenized sto…

XRP Volume Up 73%, 120 Billion Shiba Inu (SHIB) Selling Wall About to Hit, Dogecoin (DOGE) Price Eye

XRP Volume Up 73%, 120 Billion Shiba Inu (SHIB) Selling Wall About to Hit, Dogecoin (DOGE) Price Eye

XRP volume surges 71% as price dips into 'good buy' zoneXRPĀ skyrockets in volume to $7.4 billion as traders adjust their positionings in anticipation of what comes next.XRP Volume jumps during sell-off. XRP’s trading volume surged 71% to $7.4 billion on Tuesday.Amid the market sell-off, XRP's tradin…

$4M On The Move: Libra Scandal Addresses Make A Surprising Solana Play

$4M On The Move: Libra Scandal Addresses Make A Surprising Solana Play

Libra-linked wallets quietly pulled roughly $4 million from a failing memecoin and used part of their stash to pile into Solana, according to on-chain tracking and news reports.The move comes amid fraud probes and renewed scrutiny of the token’s launch, which earlier this year saw large withdrawals …

BNB treasury adds over $13 million of token as crypto market retreats

BNB treasury adds over $13 million of token as crypto market retreats

CEA Industries Inc. (ticker BNC), the Nasdaq-listed BNB digital asset treasury, said Wednesday it had added over 15,000 BNB tokens, valued at more than $13 million.According to a statement, that brings its total BNB holdings to 515,054, up from the approximately 500,000 tokens it said it had last mo…

The Daily: BlackRock’s bitcoin ETF posts record outflows, derivatives market forming ā€˜dangerous’ set

The Daily: BlackRock’s bitcoin ETF posts record outflows, derivatives market forming ā€˜dangerous’ set

The following article is adapted from The Block’s newsletter,Ā The Daily, which comes out on weekday afternoons.Happy Wednesday! Bitcoin has slipped back below $90,000 again as retail capitulation deepens and traders rush for downside hedges, with analysts warning the market sits in a fragile reset p…

21shares Solana ETF launches amid crash, but flows signal investor interest

21shares Solana ETF launches amid crash, but flows signal investor interest

Exchange-traded product (ETP) provider 21shares launched its Solana exchange-traded fund (ETF) on Wednesday, marking the fifth SOL ETF offering in the US.The fund holds spot SOL and will stake its holdings to secure the blockchain network and reap rewards, according to an announcement from 21shares…

Fed Minutes Reveal December Rate Cut on a Knife’s Edge, Bitcoin Slips Below $89,000

Fed Minutes Reveal December Rate Cut on a Knife’s Edge, Bitcoin Slips Below $89,000

The Federal Reserve’s newly released minutes from the October 28–29 meeting have thrown fresh uncertainty into the December policy outlook, sharpening market volatility across equities, bonds, and Bitcoin.While the minutes reflect economic data only available at the time of the meeting, the language…