BNB Chain’s native token, BNB, held steady above $950 after dropping 0.6% in 24 hours. The token last traded at $952, showing resilience in the face of wider market volatility; the CoinDesk 20 (CD20) index fell 1.6% in the same period. After opening at $957.70, BNB dipped to a low of $891.84 before recovering. Buyers stepped in at the $940 support level, an area that had been tested repeatedly during recent price swings according to CoinDesk Research's technical analysis data model. The recovery suggests ...

The crypto market is weary after relentless waves of sell pressure on Tuesday. Several assets have now settled as they begin to establish levels of support, although if the U.S. dollar continues to show strength it could signal a period of prolonged downside. Bitcoin (BTC) rose about 1% since midnight UTC after two days of declines that saw it drop to the lowest price since June at one point. Ether (ETH), which slid as much as than 20% over the 48 hours — the steepest drop in three months — added 2%. Whi ...

Core Insights - Cathie Wood's Ark Invest has increased its stake in Bullish Holdings, acquiring over $12 million worth of shares across three ETFs while reducing positions in Palantir Technologies and Roku Inc. [1][2] Company Overview - Bullish Holdings (NYSE: BLSH) operates a hybrid crypto trading platform for institutions and is backed by PayPal co-founder Peter Thiel [2][4] - The company went public in August 2025, raising approximately $1.1 billion and initially trading at around $37 per share, later peaking at $90 [4] Financial Performance - As of November 3, 2025, Bullish's market capitalization stands at $7.35 billion, with shares trading between $47.88 and $118.00 during its first year [3][4] - Bullish will report its third-quarter earnings on November 19, 2025 [4] Ark Invest Holdings - Bullish ranks 38th among Ark Invest's total holdings, with an estimated position of $131.3 million, representing 0.84% of Ark's overall portfolio [5] - Ark Invest's crypto-related positions include significant investments in Coinbase ($680.2 million), Robinhood ($592.9 million), and other crypto-related assets [6][7]

Market Overview - The crypto market experienced a significant sell-off, with Bitcoin (BTC) nearing its lowest level since June and Ether (ETH) trading at $3,480, the lowest since August, resulting in approximately $1.4 billion in liquidations across derivatives exchanges [1][2] Dollar Strength Impact - The sell-off was partly driven by the strength of the US dollar, with the DXY index reaching 100 for the first time since July, up from 96.2 in September, as analysts predict a slowdown in the Federal Reserve's rate-cutting cycle, leading to bearish trends in risk assets like Bitcoin [2] Derivatives Positioning - Volmex's Bitcoin Volatility Index (BVIV) is rising, indicating expected price turbulence, while BTC's spot price has shown a negative correlation with volatility over the past year, suggesting potential price weakness despite rising volatility [3] - Open interest (OI) in ZEC remains high at around 1.59 million ZEC, but funding rates have turned bearish, indicating some traders are shorting futures against long spot positions [3] - On the CME, BTC and ETH futures are showing diverging trends, with ether futures seeing record high OI, while BTC options indicate a bias for puts across all time frames, reflecting ongoing downside concerns [3] Altcoin Market Performance - The altcoin market faced significant declines, with several tokens dropping over 15%, leading to a $1.37 billion wave of liquidations, particularly affecting HyperLiquid rival aster (ASTER), which fell 18% [3] - Notable tokens like XRP are returning to critical support levels, while Solana (SOL) and BNB (BNB) have reached new lows [3] - Privacy coins such as Monero (XMR) and Zcash (ZEC) have outperformed the broader market, with DCR up 146% and DASH up 65%, indicating a potential rotation of traders away from weaker assets [4]

Wintermute founder Evgeny Gaevoy has dismissed widespread speculation that his firm intends to sue Binance over losses from October’s historic crypto crash, stating “literally nothing changed” since his earlier clarifications and the company never had such plans. The clarification comes after days of social media speculation linking the market maker to potential litigation over auto-deleveraging executions during the October 10-11 flash crash that liquidated $19 billion in positions and briefly erased $60 ...

Market Overview - Bitcoin (BTC) is experiencing downward pressure after its first October loss since 2018, with potential declines to $100,000 or below indicated by market charts [1] - The broader market is witnessing capital outflows, as evidenced by a decline in futures open interest [1] - The focus for BTC is on its 200-day simple moving average, currently around $107,000 [1] Derivatives Positioning - BTC and ETH futures open interest remained largely unchanged, while altcoin open interest, including XRP, HYPE, and DOGE, has dropped, indicating capital outflows from the broader market [3] - The open interest-normalized cumulative volume delta for BTC and ETH has declined, suggesting a bias towards short positions [3] - Volatility indexes for bitcoin and ether are rising, indicating renewed expectations for price turbulence [3] Altcoin Market Dynamics - Altcoins such as ethena (ENA) and doublezero (2Z) faced heavy sell pressure, with ENA and 2Z slumping by 7% in the past 24 hours and a cumulative 30% decline over the past week [3] - The average relative strength index for altcoins is at 37.51/100, indicating oversold conditions that could lead to a relief rally [3] - The entire crypto market cap is currently at $3.59 trillion, having lost $600 billion in value since October 6 [3]

Coinbase (Nasdaq: COIN) founder and CEO Brian Armstrong turned the company's Q3 2025 earnings call into a lottery of sorts for crypto traders on prediction markets. Launched by Brian Armstrong in 2012, Coinbase is the leading crypto trading exchange in the U.S. which serves over 100 million users today. The company went public on Nasdaq in 2021 and became the first crypto company to find a spot on the S&P 500 index in May this year. Related: Ex-Goldman Sachs analyst warns of 'spooky, bone-chilling' Hallowe ...

Coinbase Global (Nasdaq: COIN), the first crypto company to find a spot on the S&P 500 index, shared its earnings for the third quarter of 2025 on Oct. 30. Related: Ex-Goldman Sachs analyst warns of 'spooky, bone-chilling' Halloween The company reported $1.5 in earnings per share (EPS) for Q3 as compared to Wall Street analyst expectations of only $1.05, beating estimates by 45%. Coinbase earned a quarterly revenue of $1.86 billion, up 25% Q/Q, higher than the estimated $1.8 billion. The quarterly revenu ...

Coinbase Global (Nasdaq: COIN), the largest crypto trading exchange in the U.S., published its earnings for the third quarter of 2025 on Oct. 30. Related: Ex-Goldman Sachs analyst warns of 'spooky, bone-chilling' Halloween The company reported $1.5 in earnings per share (EPS) for Q3 as compared to analyst expectations of only $1.05, beating estimates by 45%. It earned a revenue of $1.86 billion during the quarter, higher than the estimated $1.75 billion. Launched by Brian Armstrong in 2012, Coinbase went ...

Solana price tumbled to $182 on Oct. 30, recording an intraday decline of nearly 6% as its market capitalization slipped to $100.1 billion. This marks Solana’s sharpest one-day drop since the Oct. 10 market crash, when Trump’s deferred tariff announcement on China triggered nearly $19.4 billion in global crypto liquidations. The latest selloff coincides with a significant move by institutional trading firm Jump Crypto, which offloaded 1.1 million SOL for $205 million before acquiring 2,455 BTC for $265 mil ...