Day: November 7, 2025

Crypto market surges by $156 billion in 7 hours

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Key Takeaways Crypto market added $156B in seven hours, led by a sharp rebound in altcoins. Bitcoin climbed back above $103K after falling below $100K earlier in the day. Share this article The crypto market saw a sharp rebound on Friday, adding $156 billion in value within seven hours as altcoins led a powerful rally across the sector. Bitcoin recovered from early-morning lows under $100,000, climbing back above $103,000 by Friday afternoon. Ethereum approached $3,500, Solana traded near $163, and a wave of alternative cryptocurrencies posted double-digit percentage gains over…

Balancer Makes Last Appeal to Hacker Behind $100M Exploit

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The Balancer Decentralized Autonomous Organization (DAO) issued an onchain notice to the wallet holder behind an exploit this week that resulted in more than $100 million in digital assets being stolen. In a Friday X post, Balancer posted a copy of the message it sent to the individual or group responsible for the incident tied to the platform’s V2 Composable Stable Pools. The decentralized exchange offered them until Saturday to return the funds in exchange for an unspecified bounty, or it would use “technical, onchain, and legal measures” to pursue…

Crypto Stocks Sink as Macro Jitters Hit Coinbase, Block, Robinhood

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Shares of crypto-focused companies have tumbled this week, capping a bruising stretch for the digital asset sector marked by renewed macroeconomic fears and lingering fallout from October’s liquidity crunch and mixed corporate earnings. Coinbase (COIN), Block Inc. (XYZ) and Robinhood (HOOD) have fallen 11% to 14% this week, according to Google Finance data, erasing recent gains and underscoring the fragile sentiment surrounding crypto-linked equities. On Oct. 30, Coinbase reported stronger-than-expected earnings and revenue as it advanced its “Everything Exchange” initiative, aimed at expanding the volume and diversity of tradable assets…

Bitcoin’s Recovery May Take Months After 20% Dip: Here’s Why

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Key takeaways: Bitcoin analyst Timothy Peterson expects two to six months for recovery, though forecasts remain divided. One model cites historical price action breakout phases from 2017, 2021 and 2024.  Bitcoin’s (BTC) recent correction has tempered bullish enthusiasm, with analysts now projecting a slower path toward new highs. Since reaching an all-time high of $126,200 on Oct. 6, Bitcoin (BTC) has dropped roughly 20%, currently hovering under the $100,000 mark. According to network economist Timothy Peterson, this pullback aligns with Bitcoin’s historical recovery patterns. Peterson explained, “This is the third…

DeFi Turns Toward Transparency Amid Market Turmoil

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Balancer suffered one of the largest decentralized finance (DeFi) exploits on Monday, with more than $116 million in staked Ether and liquidity pool tokens drained from Balancer v2 contracts and several forks.  The decentralized exchange (DEX) and automated market maker (AMM) investigated what appeared to be faulty access control in its smart contracts, which allowed the attackers to withdraw funds directly from liquidity pools.  The exploit began with a $70 million loss, which ballooned to $116 million, primarily affecting liquid staking assets such as Lido’s wstETH and StakeWise’s osETH. In…

Could History Repeat to New ATHs?

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XRP trades near $2.17, revisiting a key support zone seen before past rallies. Analysts watch for a breakout or further downside. Ripple’s XRP is trading near $2.17 at press time, following a weekly drop of over 13%. Despite recent selling pressure, the asset has returned to a zone that previously triggered a strong rally. Analysts are watching to see if the current structure could support another major move. Testing a Familiar Zone A chart shared by ChartNerd shows XRP touching the mid-regression band of the Growth Curve (GC). This…

DeFi Turns Toward Transparency Amid Market Turmoil

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Balancer suffered one of the largest decentralized finance (DeFi) exploits on Monday, with more than $116 million in staked Ether and liquidity pool tokens drained from Balancer v2 contracts and several forks.  The decentralized exchange (DEX) and automated market maker (AMM) investigated what appeared to be faulty access control in its smart contracts, which allowed the attackers to withdraw funds directly from liquidity pools.  The exploit began with a $70 million loss, which ballooned to $116 million, primarily affecting liquid staking assets such as Lido’s wstETH and StakeWise’s osETH. In…

Bitcoin Coinbase Premium Hits 7-month Low: Is $95K Next?

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Key takeaways: Bitcoin dropped below $100,000 and could retest its yearly open at $93,500 as its momentum weakens. The Coinbase Premium hit a seven-month low, reflecting strong US spot Bitcoin selling pressure. Short-term holders are accumulating BTC, while long-term holders continue taking profits. Bitcoin’s (BTC) recent weakness extended into Friday’s trading session, with BTC once again slipping below the $100,000 mark. The cryptocurrency could potentially retest its previous low of $98,200, a level formed on June 23. On Nov. 6, the Bitcoin Coinbase Premium Index, a metric that tracks the…

Bitcoin’s bid and ask ratio turns positive for the first time in months

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Key Takeaways Bitcoin’s bid and ask ratio has turned positive for the first time in months, indicating renewed bullish momentum. A positive bid and ask ratio signals higher buy demand relative to sell supply in Bitcoin’s orderbook. Share this article Bitcoin’s bid and ask ratio turned positive today for the first time in months, signaling renewed bullish momentum as buy demand outweighs sell pressure in the orderbook. The bid and ask ratio, an orderbook indicator that reflects market sentiment, measures the balance between buying and selling interest. A positive ratio…

Microsoft on track for longest daily loss streak in over a decade

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Key Takeaways Microsoft is experiencing its longest daily stock losing streak in over a decade. The decline is fueled by investor concerns regarding the company’s increased capital expenditures on AI infrastructure. Share this article Microsoft appears headed for its longest daily losing streak in more than a decade, according to Bloomberg. The technology giant has faced mounting investor concerns over elevated capital spending on AI infrastructure amid questions about cloud service growth. The company’s recent stock declines stem from investor worries over surging capital expenditures tied to the AI boom…