One ether bought about 2.3% more bitcoin on November 3 than it did on October 29. That put the ETH/BTC ratio near 0.02954, its highest reading in CoinGecko’s seven-day snapshot. From there, ether needed roughly another 1.6% gain against bitcoin to reach 0.03 BTC. The interesting part is how ether got there. On Monday, ETH […]
Bitcoin crossed its most telling election-day threshold before a single vote was counted. On the morning of November 3, BTC traded near $76,990, roughly $3,821 above its 200-day moving average. On each of the previous three U.S. midterm election days, Bitcoin was still trading below that line. That gives investors a more meaningful number to […]
TL;DR North Korea denies responsibility for the reported $6.3 billion Binance hack, rejecting the FBI’s attribution of the attack to a state-linked hacking group. Kim Yo Jong, the sister of North Korean leader Kim Jong Un, described Washington’s allegations as politically motivated. She also suggested the United States’ potential recovery of stolen cryptocurrency could offer […]
TL;DR Bitcoin price risks another drop as it fell below $77,000 on Monday despite a sharp decline in oil prices fueled by hopes of a diplomatic resolution to the US-Iran conflict. BTC failed to break above $78,500, raising concerns about another move lower. Analysts warn that Bitcoin could fall below $76,000 if bearish momentum continues. […]
TL;DR Kraken restricted accounts linked to a suspected $133M crypto theft, while analysts said it had blocked associated funds from moving through its platform. The suspected theft involves an unidentified EU entity The suspected losses reportedly reached more than $106 million. Suspected $133M Crypto Theft Triggers Exchange Response A suspected cryptocurrency theft involving an unidentified […]
TL;DR NEAR price drops approximately 7% on November 3, trading near $3.82 despite approval of a proposal to reduce annual token issuance. The HSP-029 proposal aims to lower the maximum issuance rate from 2.5% to 1.6% over 24 months. The planned changes could prevent 11.8 million NEAR tokens from entering circulation over two years. The […]
TL;DR Bitcoin faces more losses as it heads toward a potential fifth consecutive weekly decline, extending its slide from around $87,000 to near $76,500. Uncertainty surrounding the US midterm elections is keeping investors cautious about risk-sensitive assets, including cryptocurrencies. Apple’s warning about rising memory chip costs and pressure on profit margins has added to concerns […]
Liquid Network has restored full Bitcoin backing for its LBTC tokens, marking a vital recovery milestone nearly two months after a security exploit drained $320 million from the Bitcoin sidechain. The Liquid Federation confirmed on November 3 that its reserves once again match the amount of LBTC in circulation, restoring the network’s intended 1:1 relationship […]
XRP price remains under pressure despite a significant increase in wallet creation across the XRP Ledger, raising questions about whether growing network activity can support a meaningful market recovery. According to blockchain analytics firm Santiment, the network recorded 7,934 new wallets on November 1, marking its sixth-highest daily total of 2026. However, XRP continues trading […]
The Mercado Bitcoin hack has taken another turn after blockchain investigators identified approximately $8 million in Ethereum moving into new cryptocurrency wallets. The transactions follow the November 2 security breach at Brazil’s major cryptocurrency exchange, where attackers reportedly transferred between $46 million and $49 million in digital assets. While investigators have already helped freeze nearly […]
Strive has expanded its Bitcoin treasury once again, purchasing another 124 BTC for approximately $10 million as the company continues building one of the largest corporate cryptocurrency portfolios. The latest acquisition brings Strive’s total holdings to 43,124 BTC, placing the company within reach of several major publicly traded Bitcoin investors. While the purchase is relatively […]
Bitcoin price dropped below $77,000 on Tuesday, November 3, as investors reacted to another wave of selling across technology stocks and growing uncertainty ahead of the US midterm elections. The world’s largest cryptocurrency lost approximately 2% during Asian trading hours, reversing its brief recovery from Monday. The decline comes as global financial markets struggle with […]