Day: November 3, 2025

Will The Top Altcoin Drop 70-80% From Here?

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Tony “The Bull” Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.A seasoned Chartered Market Technician, Tony’s prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical…

Tokenized Treasuries cross $8.6B as banks and exchanges push collateral use

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From yield to collateral: The $8.6 billion turning point Tokenized U.S. Treasuries, the largest class of real-world assets (RWA) after stablecoins, have entered a new phase. Tokenized money-market funds (MMFs), which pool cash into short-term U.S. government securities, are shifting from passive yield to collateral for trading, credit and repo transactions.  As of late October, the total market cap of tokenized Treasuries reached $8.6 billion, up from $7.4 billion in mid-September. The increase was led by BlackRock’s BUIDL, which reached about $2.85 billion, followed by Circle’s USYC at $866 million…

Dogecoin Dips Under Key Support

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Dogecoin drops 14% in a week amid whale selling and weak momentum, but analysts spot a wedge pattern that previously led to a breakout. Dogecoin has come under pressure, falling more than 6% in the past 24 hours and over 14% in the last week. As of press time, it is trading near $0.174. The drop is part of a broader market pullback. Technical Setup Shows Familiar Pattern Trader Tardigrade, a crypto chart analyst, has pointed out a recurring formation on Dogecoin’s daily chart. The pattern is known as…

Crypto Funds See $360M Outflows as Solana ETFs Surge

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Cryptocurrency investment products saw $360 million in outflows last week as investors reacted to Federal Reserve Chair Jerome Powell’s cautious remarks on future rate cuts. Despite Wednesday’s rate cut, Powell’s remark that another one in December was “not a foregone conclusion,” combined with the absence of economic data due to the ongoing government shutdown, appears to have left markets uncertain, CoinShares reported on Monday. Most of the selling pressure came from the US markets, which saw $439 million in outflows, partly offset by modest inflows from Germany and Switzerland. Bitcoin…

Ether Price Risks Drop Below $3K as Spot ETF Inflows Cool

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Key takeaways: Ethereum ETFs experienced outflows for three consecutive days, totaling $364 million. Strategic Ether reserves and ETF holdings have dropped by 124,060 ETH since mid-October. Ether’s descending triangle is in play on the eight-hour chart, targeting $2,870 ETH price. Ether (ETH) fell 14% over the past 30 days, dropping below $4,000 to trade at $3,724 on Monday. However, technical and ETF data are not showing much bullishness, increasing the odds of a further correction below $3,000. ETH/USD daily chart. Source: Cointelegraph/TradingView Waning institutional demand pulls down ETH price The…

Dormant Bitcoin whale deposits 2,300 BTC into Paxos, holds over 32,000 BTC worth $3.4B

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Key Takeaways A previously inactive (dormant) Bitcoin whale deposited 2,300 BTC (about $250 million) to Paxos. The whale still holds over 32,000 BTC, valued at $3.4 billion. Share this article A dormant Bitcoin whale deposited 2,300 BTC on Paxos, a regulated blockchain firm focused on issuing stablecoins and managing digital asset transfers. The whale maintains a total holding of 32,490 BTC worth approximately $3.4 billion, on-chain data shows. Dormant Bitcoin holders have recently been moving assets to exchanges after years of inactivity, signaling potential shifts in long-term holding strategies. Paxos…

IREN Signs $9.7B AI Cloud Deal With Microsoft

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Bitcoin mining company IREN (IREN) has signed a multi-year GPU cloud services contract with Microsoft, highlighting the growing integration between traditional mining infrastructure and the expanding demands of Big Tech for AI computing power. The five-year agreement, valued at $9.7 billion, will provide Microsoft with access to Nvidia GB300 GPUs hosted within IREN’s data centers. In a related move, IREN also announced a $5.8 billion deal with Dell Technologies to acquire GPUs and related equipment. The company plans to fund its capital expenditures through a combination of cash reserves, customer…

Crypto Carnage Continues: BTC, ETH, XRP Plunge Further as Liquidations Top $1.1B

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Bitcoin’s nosedive that started earlier this morning continued in the past hour or so as the asset plunged to a two-week low of just over $105,000. The altcoins were obliterated once again, with BNB slumping below $1,000, ETH dropping by over 6%, and SOL plunging by over 8% daily. BTCUSD. Source: TradingView CryptoPotato reported the first wave of BTC declines that transpired earlier today when the cryptocurrency was rejected at $111,000 and slumped by roughly four grand to $107,000. It managed to stabilize there at first and even tapped $108,000…

How High Can Dash Price Go If It Copies October’s Zcash Rally?

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Key Takeaways: Dash’s technical setup mirrors Zcash’s pre-breakout structure, implying a potential for a multi-hundred percent rally. Failure to break out could trigger a correction toward $69 or even the $14–$16 range. Dash (DASH) has emerged as one of the top performers in the crypto market, rallying by more than 385% over the past month. DASH/USD vs. ZEC/USD year-to-date performance chart. Source: TradingView The privacy coin’s rally closely mirrors rival Zcash’s (ZEC) recent surge, suggesting Dash could be gearing up for a decisive breakout of its own, potentially replicating the…

$600M in crypto longs liquidated in last hour

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Key Takeaways Approximately $600 million in crypto long positions was liquidated within a single hour due to a sharp market downturn. The liquidation wave was triggered by a flash crash, wiping out bullish (long) leveraged bets on major exchanges. Share this article Crypto markets experienced a sharp liquidation event today, wiping out approximately $600 million in long positions within a single hour as leveraged traders faced massive losses. The liquidation wave hit the volatile digital asset ecosystem during what appears to be another flash crash, forcing the closure of bullish…