🎧 TUNE IN: What’s really behind crypto’s 2025 volatility?Bitcoin’s drop to the low-$80Ks, over $1T erased from market cap, and record ETF outflows aren’t caused by blow-ups — this downturn is macro and liquidity-driven.Host @savannah_fortis joins @noelleinmadrid, @TimMeggs, and @glengoodman to explain the forces shaking the market and how to navigate them. ...

I think that we are at the end of the beginning of this cycle and the massive amounts of crazy bull market money printing is ahead of us. >> Today I sit down with crypto veteran and industry expert Arthur Hayes. >> Let's bring in Arthur Hayes, the co-founder and CEO of BitMax, the Bitcoin merkantile exchange, which is the largest cryp crypto trading exchange by volume >> about what actually comes next for crypto in 2026.Now, we're basically in this um transition period where, you know, team Trump and his Re ...

FOMC minutes. Photo by BeInCrypto The weakening US labour market is emerging as a major risk variable for crypto heading into December and early 2026. Rising layoffs, slowing hiring, and deteriorating consumer confidence have intensified expectations of a Federal Reserve rate cut.  The shift could influence Bitcoin and Ethereum more sharply than equities due to fragile liquidity conditions across digital assets. Labour-Market Stress Increases Pressure on the Fed Layoff announcements surged in October to ...

Market Performance - U.S. stock indexes are on track for their strongest week since June, with the Nasdaq up 4.2%, the S&P 500 gaining 3.2%, and the Dow rising 2.6% [1] - The recent rebound follows a significant dip, indicating that some traders view the pullback as a buying opportunity, possibly in anticipation of year-end positioning or early signs of renewed liquidity and rate-cut optimism [2] Market Breadth Indicator - The Zweig Breadth Thrust (ZBT) indicator, which signals bullish reversals when advancing issues rise sharply, has come back into focus. Historically, when ZBT triggers, the market tends to rally significantly over the following 6-12 months [3] - The current rally is characterized by broad participation, leading some analysts to suggest it could mark the beginning of a new upward trend, although the ZBT is not infallible and macroeconomic headwinds and earnings risks remain [4] Cryptocurrency Market - The cryptocurrency market is showing signs of strength, with Bitcoin recovering some ground as risk sentiment improves, while Ethereum and other altcoins are stabilizing, despite elevated volatility [5] - If macroeconomic conditions remain favorable and liquidity supports the market, cryptocurrencies could benefit from renewed risk demand. However, unexpected hawkish moves, weak economic data, or renewed volatility could quickly erase gains [6]

Core Viewpoint - Pennon Group PLC has shown a financial turnaround in the first half of the 2025/26 financial year, despite mixed earnings results and a reduction in interim dividends [2][3][4]. Financial Performance - Earnings per share for Pennon were reported at $0.3677, slightly exceeding estimates of $0.3671 [2][6]. - Revenue was approximately $870.5 million, falling short of the expected $881.1 million [2][6]. - Statutory pre-tax earnings improved to £65.9 million from a loss of £38.8 million in the previous year, indicating a strong financial recovery [3][6]. - Underlying EBITDA surged by 56% to £254.4 million, driven by increased water revenues and better cost management [3]. Dividend and Capital Expenditure - The company announced a nearly 25% reduction in its interim dividend to 9.26p per share, attributed to timing mechanics following a rights issue conducted last year [4]. - Capital expenditure remained high at £304.8 million as the company continued its ambitious K8 investment programme [4]. Financial Ratios - The debt-to-equity ratio stands at 3.14, indicating a significant reliance on debt financing [5]. - The current ratio is 1.51, suggesting a reasonable level of liquidity to cover short-term liabilities [5].

DeFi 市场趋势 - DeFi 正在从孤立的协议转向完全可组合的市场，在这些市场中，抵押品可以同时赚取收益、对冲和杠杆化 [3] - 下一代 DeFi 将重新定义资本效率，解锁无抵押信贷、私人订单流和集成永续合约 [3] Ammalgam 公司战略 - Ammalgam 正在构建一个去中心化借贷交易所 (DLEX)，流动性可以在同一个池中进行借贷、交易和对冲 [1] - Ammalgam 的 DLEX 旨在解锁新的收益机会，无需依赖预言机 [1]

Bitcoin is currently trading near $91,700, roughly 3% higher over the past 24 hours, shifting attention from last week’s stress towards whether the market can rebuild depth and attract steady cash demand. Sentiment, however, still sits in fear territory even after the bounce, indicating that positioning remains defensive and that confidence in a floor is still tentative. The discussion now centers on durability rather than round-number optics, since $100,000 has served as the more meaningful pivot in rece ...

Market Liquidity - Crypto market has been "limping" since October 10 due to large liquidations [1] - Market makers' balance sheets were severely damaged, weakening liquidity [1] - Market makers function as the "central banks" of the crypto ecosystem [1] - Shrinking market maker balance sheets trigger a multi-week deleveraging cycle [1] - Bitcoin and Ethereum react to risk earlier than equities under fragile liquidity conditions, becoming leading indicators [1]

Event Overview - BNB Chain is hosting the final online session of the BNB Hack Abu Dhabi series, focusing on DeFi builders [1] - The event will feature speakers from ThenaFi and FOMO, sharing insights on liquidity tools and AMM design [1] - The online session is scheduled for November 27th at 12 PM UTC [2] Focus Areas - The event aims to provide tips on building next-generation trading and liquidity solutions [1] - The session will offer real-world examples to help builders develop with confidence [1] Participation - Builders are invited to join the live session to learn from industry experts [1] - Registration is required to attend the BNB Hack Abu Dhabi event [1]

Core Insights - The market is experiencing a rally as investors are cautious about liquidity, particularly in the cryptocurrency sector and with the Federal Reserve's actions [1] Group 1: Market Dynamics - Reduced liquidity is leading to fewer investors willing to invest in the markets, which is contributing to rising prices for stocks and investments [1] - There is a decreasing risk appetite in the market, resulting in a continued downturn in broader cryptocurrencies, which are perceived as risk-on investments [1]