SUI drops 70% to $1.66 amid forced selling. Analysts eye $1–$1.70 zone as potential accumulation area while network activity stays strong. Sui (SUI) has dropped to $1.66 following a 70% decline from its all-time high of $5.35. The recent move has drawn attention from analysts, who point to signs of forced selling and potential positioning reset. With volume rising and the price reaching key levels, traders are watching to see if this marks the start of accumulation. Price Tests Key Support Levels Crypto Patel described the move as a…
Day: November 18, 2025
Bitcoin November Average Gains Are ‘Skewed,’ Says Analysts
Analysts have questioned whether November deserves its reputation as Bitcoin’s historically “strongest month” after the cryptocurrency dropped 10% over the past seven days and briefly sank below $90,000. “Historical averages suggest strength, but those numbers are skewed and the current backdrop is anything but normal,” James Harris, the CEO of crypto yield provider Tesseract, told Cointelegraph. Harris said that while the break below the long-term average is noteworthy, it is “not the full picture.” Bitcoin (BTC) is down 15.37% since the start of the month and is on track for…
Can It Last Amid Inflation Concerns?
Key takeaways: Federal Reserve balance-sheet limits and possible repo operations point to improving liquidity conditions that could boost Bitcoin and other risk assets. Fiscal strain and sector weakness currently weigh on markets, but easing tariffs and a targeted stimulus plan may support a recovery in crypto demand. Bitcoin (BTC) and the broader crypto market could remain under pressure ahead of the upcoming US Federal Reserve interest rate decision on Dec. 10. Expectations for the direction of monetary policy remain highly split, with concerns over inflation clashing against signs of slowing…
El Salvador Doubles Down on Bitcoin (BTC) With Big Purchase During Market Chaos
As Bitcoin crashed below $90K, El Salvador grabbed $100M in BTC. El Salvador has intensified its Bitcoin strategy despite one of the year’s steepest market pullbacks, after adding more than 1,000 BTC in a single move and pushing its reported holdings to roughly 7,500 BTC. According to the country’s Bitcoin Office, the latest acquisition is worth around $100 million and was executed as the cryptocurrency briefly plunged below $90,000. The purchase is the largest one-day increase the Central American country has announced and aligns with President Nayib Bukele’s pledge…
XRP Supply In Profit Falls to 58.5% – Lowest Since 2024 Despite Higher Price
XRP is facing one of its most challenging moments in recent months as selling pressure accelerates and the broader crypto market slips into a risk-off environment. Bitcoin’s collapse below key psychological levels has dragged altcoins with it, and XRP has not been spared. Analysts are increasingly warning that the market may be entering a bear phase, pointing to tightening liquidity conditions, rising global economic uncertainty, and a sharp decline in investor appetite for risk assets. Related Reading What makes XRP’s situation more fragile is the growing number of holders sitting…
Solana Price Might Have Bottomed At $130: Data
Key takeaways: Solana’s rebound from its weekly support at $130 signals a potential price recovery to $250. An increase in open interest and spot demand signals the return of buyers into the market. Institutional demand for SOL rises with $390 million in cumulative ETF inflows, driven by investors’ excitement for future Solana ETF launches. Solana (SOL) weekly chart suggests that SOL price may have formed a bottom near $130, a setup that could help SOL price recover toward $250 in the weeks ahead. SOL’s market structure hints at a return…
ETH Tests Crucial Support Amid Rising Selling Pressure
Ethereum has extended its decline toward a critical higher-timeframe demand zone around $3K. While the broader trend remains pressured, the current location aligns with major liquidity pools and potential areas of interest for large players. A decisive reaction here will determine whether ETH enters a relief phase or continues to deepen toward macro demand levels. Technical Analysis By Shayan The Daily Chart Ethereum continues to drift lower within a broad descending structure, steadily approaching the $3K–$3.05K demand block that previously acted as the springboard for the July–August rally. This area…
Toku and PDAX Enable Stablecoin Payroll in the Philippines
PDAX, a regulated cryptocurrency exchange in the Philippines, has partnered with Web3 payroll provider Toku to enable remote workers in the country to receive wages in stablecoins. According to Tuesday’s press release, the new integration connects Toku’s token-based payroll system with PDAX’s regulated cash-out rails, enabling companies to send stablecoin wages through their usual payroll flows and allowing workers to convert earnings to pesos without incurring wire fees or delays. Toku routes payments directly to PDAX wallets or external addresses for real-time, onchain settlement. Workers can then cash out to…
Marshall Islands says UBI Program will Use Digital Wallet
The Republic of the Marshall Islands announced that it would allow citizens to access funds through a government-issued digital asset as part of the nation’s Universal Basic Income (UBI) program. In a Wednesday announcement shared with Cointelegraph, the government of the island nation said it had launched a digital wallet called Lomalo, which will utilize the US dollar-pegged stablecoin USDM1 to enable citizens to access the UBI program. According to the government, the first disbursement of funds will occur in late November, allowing citizens to access them through their wallet,…
Binance sees rise in short-term Bitcoin trading activity
Key Takeaways Binance is experiencing a notable increase in short-term Bitcoin trading activity. Short-term Bitcoin holders are selling during price corrections, resulting in higher trading volumes on exchanges like Binance. Share this article Binance, the world’s largest crypto exchange by trading volume, is experiencing increased short-term Bitcoin trading activity as market dynamics shift toward more active trading patterns. Short-term holders are increasingly selling during Bitcoin corrections, channeling more active trading volume into exchanges like Binance. This contrasts with long-term Bitcoin holders, who are showing minimal distribution on Binance amid market…