Market Signal Briefing

LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of American Battery Technology Company (“American Battery” or “the Company”) (NASDAQ: ABAT) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. American Battery revealed in an SEC filing dated October 15, 2025, that the Department of Energy (“DOE”) terminated its grant for a cathode-grade lithium hydroxide manufacturing facility. The DOE would have contributed almost $58 million towards the construction of the facility under the terms of the grant, while the Company would invest an equal amount. Based on this news, shares of American Battery fell by more than 57% over the next several trading sessions.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Owlet, Inc. (OWLT) Q3 2025 Earnings Call November 13, 2025 4:30 PM EST

Company Participants

Jay Gentzkow - Vice President of Investor Relations
Jonathan Harris - CEO & President
Amanda Crawford - Chief Financial Officer

Conference Call Participants

Lucas Romanski - TD Cowen, Research Division
Owen Rickert - Northland Capital Markets, Research Division

Presentation

Operator

Good afternoon. Thank you for attending the Owlet Q3 '25 Earnings Conference Call. My name is Matt, and I'll be your moderator for today's call. [Operator Instructions].

I'd now like to pass the conference over to our host, Jay Gentzkow, Investor Relations. Jay, please go ahead.

Jay Gentzkow
Vice President of Investor Relations

Good afternoon, everyone, and thank you for joining us. Earlier today, Owlet released financial results for the third quarter ended September 30, 2025. I'm pleased to be joined today by Jonathan Harris, Owlet's President and CEO; and Amanda Twede Crawford, our CFO.

Before we begin, please note that our financial results press release and presentation slides referred to on this call are available under the Events & Presentations section of our Investor Relations website at investors.allletcare.com. This call is also being webcast live with a link at the same website. The webcast and accompanying slides will be available for replay for 12 months following this call. The content of today's call is the property of Owlet. It cannot be reproduced or transcribed without our prior consent.

Before we begin, I'd like to refer you to our safe harbor disclaimer on Slide 3 of the presentation. Today's discussion will contain forward-looking statements based on the company's current views and expectations as of today's date. These statements are only predictions and are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but

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LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Camping World Holdings, Inc. (“Camping World” or “the Company”) (NYSE: CWH) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Camping World announced its Q3 2025 financial results on October 28, 2025. According to the Company, its “management identified prior period misstatements related to the measurement of the realizable portion of the Company's outside basis difference deferred tax asset in CWGS Enterprises, LLC." The Company also revised its 2024 annual report by increasing its reported deferred tax assets. Based on this news, shares of Camping World fell by almost 24.8% on the next day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

The Glimpse Group, Inc. (VRAR) Q1 2026 Earnings Call November 13, 2025 4:30 PM EST

Company Participants

Lyron Bentovim - President, CEO & Chairman
Maydan Rothblum - Co-Founder, CFO, COO, Secretary, Treasurer & Non Independent Director

Presentation

Operator

I'm extremely sorry about that. I'm going to start the script right now. Welcome to The Glimpse Group's Q1 Fiscal Year 2026 Financial Results Webinar.

[Operator Instructions]. As a reminder, this conference is being recorded. The earnings release that accompanies this call is available on the Investors section of the company's website at [ https://ir.theglimpsegroup.com/ ]. Before we begin the formal presentation, I'd like to remind everyone that statements made on today's call and webcast, including those regarding future financial results and industry prospects, are forward-looking and may be subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the call.

Please refer to the company's regulatory filings for a list of the associated risks. We would also refer you to the company's website for more supporting industry information. I would now like to hand the call over to Lyron Bentovim, President and CEO of The Glimpse Group. Lyron, the floor is yours.

Lyron Bentovim
President, CEO & Chairman

Thank you, Jenny, and thank you, everyone, for joining us. I'm pleased to welcome you to The Glimpse Group's Q1 Fiscal Year 2026 Financial Results Investor Call for our quarter ended September 30, 2025. While revenues were down as we guided and expected during the quarter, we made significant strategic progress in advancing the potential IPO spin-off of our subsidiary company, Brightline Interactive, while making substantial deliveries on key contracts and expanding the traction of our AI software product, Foretell AI.

Specifically, Brightline made an initial successful delivery on a multimillion-dollar annual spatial core

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Vancouver, British Columbia – TheNewswire - November 13, 2025 – Mark Binns of Vancouver, British Columbia, today announced that he has acquired ownership of 1,500 common shares (the “Common Shares”) in the issued and outstanding capital of Carrier Connect Data Solutions Inc. (the “Company”) on the secondary market at a price of $0.94 per Common Share for an aggregate purchase price of $1,410 (the “Acquisition”).

As previously announced by the Company, on November 10, 2025, the Company issued Common Shares from treasury (the “Issuance”). Following the Issuance, the beneficial ownership of Mr. Binns in the Common Shares, being the securities subject to the most recent report required to be filed by Mr. Binns in respect of the Company under National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues (“NI 62-103”), fell by over 2% of the issued and outstanding Common Shares (the “Dilution”). The Dilution arose solely as a result of the Issuance without any action being taken by Mr. Binns. Mr. Binns was exempt from the early warning requirements pursuant to Section 6.1(2) of NI 62-103 at the time of the Issuance and resulting Dilution. As a result of the Acquisition, Mr. Binns may no longer rely on the exemption under Section 6.1(2) of NI 62-103.

Immediately prior to completion of the Acquisition, Mr. Binns had ownership of 1,928,656 Common Shares and 735,000 stock options (“Options”), with each Option entitling Mr. Binns to acquire one Common Share, representing approximately 9.84% of the issued and outstanding Common Shares (or 13.59% on a partially diluted basis). Following completion of the Acquisition, Mr. Binns has ownership of 1,930,156 Common Shares and 735,000 Options, representing approximately 9.85% of the issued and outstanding Common Shares (or 13.6% on a partially diluted basis).

The Acquisition was made for investment purposes. In accordance with applicable securities laws, Mr. Binns may, from time to time and at any time, acquire additional shares and/or other equity, debt or other securities or instruments (collectively, “Securities”) of the Company in the open market or otherwise, and reserves the right to dispose of any or all of his Securities in the open market or otherwise at any time and from time to time and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of the Company and other relevant factors.

The early warning report relating to the transactions contemplated hereby will be filed on the System for Electronic Document Analysis and Review under the Company’s profile on www.sedarplus.com.

For more information, or to obtain a copy of the subject early warning report, please contact:

Attention: Mark Binns, CEO

Email: [email protected]

 

Ethena is facing one of its toughest market phases yet as massive investor outflows and declining protocol activity weigh heavily on its native token, ENA. After months of steady growth earlier in the year, sentiment around the project has shifted quickly, with the asset losing 10% of its value during the latest downturn.

The situation reflects a broader shift in confidence, as weak inflows, sharp revenue declines, and aggressive token unlocks have combined to drag ENA into increasingly bearish territory. As investors continue to pull liquidity from the ecosystem, concerns are growing that ENA may struggle to find footing in the near future.

Massive Outflows Hit Ethena
On-chain data highlights a sharp rise in investor withdrawals from Ethena. Between 11 October and 12 November, total net outflows reached $5.72 billion, a staggering amount for a protocol that once saw strong inflows and rising market participation.

This exodus has had an immediate effect on Ethena’s Total Value Locked (TVL), which currently stands at $8.581 billion, according to DeFiLlama. While the TVL remains substantial, the downward trajectory signals shrinking investor confidence.

These outflows also suggest that a significant number of ENA holders are responding to weakened market conditions and the ongoing unlock events that have released new tokens into circulation. Many investors appear to be selling as soon as tokens become available.

Earnings Collapse Adds Pressure
One of the most alarming trends for Ethena has been its steep decline in earnings. During Q3, Ethena generated an average of $109,462 per day. However, so far in Q4, this figure has plummeted to just $8,987 per day, representing a collapse of more than 90%.

This dramatic fall highlights shrinking demand for the protocol’s services and a noticeable drop in user activity. As revenue continues to fall, the protocol becomes less attractive to investors seeking returns, further accelerating the outflow trend.

Maria Carola, CEO of StealthEx, attributes these pressures partly to macroeconomic conditions. She noted that ongoing uncertainty around inflation and U.S. Federal Reserve policy continues to affect high-risk assets. According to her, until global economic signals become clearer, tokens like ENA may remain under heavy pressure.

Token Unlocks Amplify Selling Pressure
Ethena’s recent price decline is not solely the result of market conditions. Internal factors have also contributed, especially the series of token unlocks occurring during a weak market cycle.

On 8 November, Ethena unlocked $4.56 million worth of tokens, representing 0.2% of its circulating supply. Additionally, its ongoing S3 Airdrop is releasing approximately $149,858 worth of tokens every day.

These unlocks increase circulating supply, and in a bearish environment, many recipients choose to sell immediately. This sustained selling pressure has contributed to ENA’s continued downward momentum.

Protocol Revenue Hits New Lows
Ethena’s protocol revenue has taken a hit alongside its valuation. Recent reports indicate that the protocol generated only:

$1,817 in revenue over the past 24 hours

$11,849 over the past week

These low earnings levels reflect significantly reduced user participation. When fewer users interact with the protocol’s services, revenue naturally declines, creating a feedback loop that intensifies bearish sentiment.

Artemis data further shows that transactions have dropped to 24,500, illustrating a clear slowdown in activity across the ecosystem.

Inflows Plunge as Selling Pressure Rises
Ethena’s challenges are compounded by weak inflows. DeFiLlama reports that USD inflows into ENA have dropped sharply to -$46 million, showing clear evidence of persistent selling among on-chain participants.

This trend is not limited to on-chain data alone. Spot market data reveals an additional $569,000 in withdrawals from centralized exchanges. This marks one of the rare periods where ENA has faced consistent weekly outflows from both major investor segments.

The average sell-off across the four major ENA liquidation events stands at $3.915 million. If sellers continue to dominate, Ethena could experience another round of heavy selling, placing further pressure on ENA’s already fragile price structure.

Market Outlook: Can ENA Recover?
Ethena’s recovery depends heavily on improved inflows, stronger revenue, and a slowdown in selling pressure. However, several core challenges remain:

Token unlocks are still ongoing.

On-chain activity continues to decline.

Revenue has fallen to some of its lowest levels.

Investor sentiment is leaning strongly bearish.

Outflows remain high on both DeFi and centralized platforms.

While ENA could recover if broader market conditions stabilize and user activity picks up, the current indicators point to persistent short-term weakness. Without a significant shift in demand, the protocol may continue to struggle, especially with more unlocks scheduled and earnings remaining subdued.

Conclusion
Ethena is navigating a difficult period marked by extensive outflows, collapsing revenue, and widespread selling pressure. With more than $5.72 billion leaving the ecosystem and user activity falling sharply, ENA’s market performance is under clear stress.

The coming weeks will be crucial. If market sentiment improves and Ethena can stabilize its inflows and earnings, a recovery may still be possible. But if current trends continue, the protocol could face deeper challenges as it moves through the remainder of the year.

Post Views: 7

In a notable shift within the cryptocurrency market, Chainlink (LINK) has witnessed substantial whale activity, marking a potential upswing in its market recovery trajectory. On November 12, 2025, large-scale investors and traders demonstrated significant interest in LINK, propelling its value upwards and indicating a possible move towards the coveted $19 mark. This development occurs within a broader context of fluctuating cryptocurrency markets, where investor sentiment often swings rapidly. Chainlink’s recent performance underscores the importance of strategic investor behavior in shaping digital asset trends.

Chainlink, renowned for its decentralized oracle network that connects smart contracts to real-world data, has been a focal point in the crypto ecosystem. The recent influx of support from major investors, commonly referred to as ‘whales’, indicates growing confidence in the platform’s long-term viability. These influential market players have been accumulating LINK tokens, suggesting they anticipate substantial future gains. Historically, such whale activities are precursors to price rallies, as they often signal underlying positive sentiment and potential for growth.

The increased whale participation aligns with a broader trend of strategic accumulation witnessed across various cryptocurrencies. In the case of Chainlink, this trend is particularly pronounced given its foundational role in the decentralized finance (DeFi) landscape. The platform’s ability to provide reliable data feeds has made it indispensable for numerous DeFi applications, thereby strengthening its position within the industry. The influx of whale investment could be seen as an endorsement of Chainlink’s technological backbone and its pivotal role in the expanding DeFi market.

Adding to the momentum is the participation of active traders who have been taking long positions on LINK. This trading strategy reflects optimism about future price increases, suggesting that traders anticipate further rises in Chainlink’s value. This alignment between whales and traders is a critical component of the current market dynamics, as synchronized buying behavior can amplify price movements. The convergence of these investor categories may hasten Chainlink’s ascent toward its target price.

Chainlink’s recent trajectory must be understood against the backdrop of the wider cryptocurrency landscape. The market continues to navigate regulatory uncertainties, with global authorities scrutinizing digital assets more closely than ever. This increased scrutiny brings both challenges and opportunities; regulatory clarity can boost investor confidence, while sudden regulatory shifts can lead to market volatility. Chainlink, with its robust use case and growing adoption, appears well-positioned to navigate these complexities.

However, the path to sustained recovery and growth is not without potential risks. The cryptocurrency market is inherently volatile, and Chainlink’s price movement hinges on multiple factors, including market sentiment, technological developments, and macroeconomic conditions. Additionally, while whale accumulation can be a positive indicator, it can also introduce risks if these large holders decide to liquidate their positions en masse, potentially destabilizing the market.

Chainlink’s recent developments are complemented by its strategic partnerships and technological advancements. The platform has been actively expanding its network capabilities, integrating with various blockchain ecosystems to enhance its interoperability and utility. Such efforts are vital in reinforcing Chainlink’s market position and facilitating broader adoption. As more decentralized applications seek reliable data solutions, Chainlink’s comprehensive oracle services stand to benefit substantially.

One of the critical differentiators for Chainlink is its community-driven approach. The project has fostered a robust community of developers and enthusiasts who contribute to its ecosystem’s growth and sustainability. This grass-roots support is crucial in maintaining innovation and ensuring the network’s resilience against market fluctuations. As the community continues to expand, it strengthens Chainlink’s foundation and enhances its appeal to potential investors and partners.

Chainlink’s ascent is part of a larger trend where blockchain technology is increasingly integrated into mainstream business operations. The demand for decentralized data solutions is rising, with companies across various industries exploring blockchain applications to enhance transparency, efficiency, and security. Chainlink’s position as a leading oracle provider places it at the forefront of this transformative wave, offering it a competitive edge in an increasingly crowded market.

As the cryptocurrency market evolves, Chainlink must remain vigilant in adapting to the changing landscape. The integration of cutting-edge technologies and continuous network development will be crucial for maintaining its competitive advantage. Additionally, fostering strong alliances within the blockchain community will be essential for sustaining its growth trajectory and capitalizing on emerging opportunities.

Looking forward, Chainlink’s journey will likely feature both challenges and triumphs. The interplay between whale activity, trader sentiment, and technological innovation will dictate its market performance. While the potential for reaching the $19 threshold is tangible, achieving and sustaining such a valuation will require careful navigation of the complexities inherent in the crypto space. By leveraging its technological prowess and strategic investor base, Chainlink aims to solidify its status as a cornerstone of the decentralized finance ecosystem.

In conclusion, Chainlink’s recent surge in whale activity signals a renewed wave of optimism within the crypto community. While the path ahead is fraught with uncertainties, the convergence of whale and trader interests, coupled with the platform’s robust technological infrastructure, positions Chainlink as a formidable player in the ever-evolving world of digital assets. As the market continues to mature, the onus will be on Chainlink to harness its strengths and adapt to emerging trends, ensuring its place at the forefront of the blockchain revolution.

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Pi Network enters a tense period as 145.7 million tokens unlock within thirty days. The Pi coin price reacts sharply because supply expands faster than current demand. Meanwhile, December prepares an even heavier release with 173 million tokens entering circulation. 

Notably, this becomes the biggest supply wave until 2027 and shapes current sentiment. However, stronger signals emerge across the ecosystem as several catalysts counterbalance the upcoming unlock. Therefore, Pi Network may still climb because three powerful factors support renewed strength.

Major Protocol Upgrade Signals A Turning Point For Pi Network
Pi Network gains strong attention as Protocol 23 testing advances through carefully structured stages. The Pi coin price benefits because technical progress increases confidence in future Mainnet stability. 

Notably, analyst Dr. Altcoin expects Mainnet integration between late Q4 2025 and early Q1 2026. Meanwhile, developers manage each phase with precise verification because the Core Team values careful execution. 

Specifically, the update aligns with Stellar Core 23.0.1 and improves scalability for upcoming phases. Therefore, Pi Network strengthens its long-term direction as Protocol 23 forms reliable groundwork.

Pi Network also improves reliability through the newly released Pi Node version 0.5.4 update. Notably, this upgrade tracks open ports and improves Node reward calculations across active Node setups. 

Meanwhile, improved accuracy encourages broader participation because Node operators value consistent performance. Therefore, Pi Network benefits from coordinated improvements that support technical integrity and better ecosystem balance.

Strategic Pi Network Collaboration With OpenMind Expands Real Utility
Pi Network strengthens real-world relevance through its OpenMind partnership, which introduces practical AI-driven applications. The Pi coin price gains support because nodes earn additional income from computation-based workloads. 

Notably, OpenMind deploys models that rely on Pi’s distributed node network for training tasks. Meanwhile, node operators gain two separate earning streams, which encourages stronger participation throughout the ecosystem. 

Specifically, this partnership converts unused computing power into productive AI-focused utility for diverse applications. Therefore, Pi Network expands its real value by integrating meaningful functions that extend beyond typical crypto usage.

Therefore, community confidence grows because real utility improves the chain’s long-term functional identity.

Long-Term Pi Price Outlook Strengthens Through Accumulation Structure
Pi coin forms a clear accumulation range after a deep retracement from its recent surge. The Pi coin price stabilizes inside this zone because buyers return near the lower boundary. 

Notably, repeated dips attract steady interest, which strengthens overall structure and supports healthier price action. Meanwhile, the chart displays an emerging Adam and Eve shape, which signals stronger reversal potential. 

Specifically, key levels at $0.2168 and $0.2598 guide the next decisive breakout attempt. Therefore, the long-term Pi price outlook improves because a confirmed breakout may target $0.3000 soon.

Pi coin price also gains strength because accumulation phases often support clean upward expansions afterward. Notably, volume stabilizes near the lower boundary as sellers gradually reduce their influence. 

Meanwhile, higher lows form consistently, which strengthens confidence in the broader reversal thesis. Buyers react quickly near support, which reinforces the pattern’s overall reliability. Therefore, Pi Network holds improved prospects because structural signals support a constructive advance for long-term Pi price outlook.

PI/USDT 1-Day Chart (Source: TradingView)
To sum up, Pi Network faces heavy unlock pressure, yet strong catalysts still support sustained resilience. Protocol upgrades, AI partnerships, and chart structure strengthen long-term interest. Each factor reinforces broader confidence rather than short-term uncertainty. Therefore, Pi coin price maintains meaningful potential despite temporary supply expansion.

Frequently Asked Questions (FAQs)

The update improves port tracking, strengthens Node reward accuracy, and enhances overall Node performance.

Protocol 23 improves scalability, enhances efficiency, and prepares the network for future Mainnet operations.

It enables decentralized AI computation using Pi Nodes, giving operators new utility-based earning opportunities.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

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In a latest update, BeLaunch posed the high-stakes question: Could SUI really reach $20 in the next bull cycle? After getting hit hard during the October 10 flash crash, SUI is starting to show strength again, and the charts are now painting a very interesting picture that could signal the beginning of a major turnaround.

Potential Scenarios For SUI
BeLaunch recently outlined two possible scenarios for SUI’s next move, each with distinct probabilities and implications. According to the analysis, the token is currently at a critical juncture, where its next few moves could determine the broader market‘s direction.

In the primary scenario, which carries an 8/10 probability, SUI is testing a crucial breakout above the red dashed resistance line. Wave (2) appears to have completed its cycle, setting the stage for Wave (3) — typically one of the most impulsive moves in the Elliott Wave structure. A confirmed breakout at this level could propel SUI toward new highs.

SUI showcasing two potential moves | Source: Chart from BeLaunch on X
The alternative scenario, rated at a 3/10 probability, suggests that the current price structure could remain corrective. In this case, SUI may form an alternative X wave near the $5.37 region before extending into another corrective phase (Alt Y). Although less likely, BeLaunch noted that traders should still monitor this possibility closely.

Technical and On-Chain Alignment Suggests Market Bottom Nearing
According to BeLaunch, on-chain fundamentals for SUI are showing early signs of recovery, despite broader market attention remaining elsewhere. The data reveals that Total Value Locked (TVL) has been holding firm around $1.4 billion, though the analyst notes that a move above the $2 billion threshold would mark a more decisive shift in momentum. At the same time, Daily Active Users (DAU) have been climbing gradually, now sitting near 900,000.

BeLaunch noted that despite this encouraging on-chain behavior, SUI’s price remains lagging, a common indicator of a classic accumulation phase. During such periods, investors often underestimate the asset’s underlying strength while long-term players quietly position themselves ahead of a potential breakout.

Historically, SUI has shown a tendency to rally within two to four weeks after both TVL and DAU metrics begin trending upward. If this pattern repeats, it could signal that SUI is currently in a quiet accumulation window before a stronger move to the upside. This alignment between historical behavior and present data gives a subtle yet compelling bullish undertone.

Overall, BeLaunch emphasized that the technical and on-chain setup appears robust. Fundamentals are stabilizing, momentum indicators are shifting, and WaveTrend signals are flashing a bottom below 40. If the current trend persists, SUI could soon emerge from consolidation and enter a new bullish phase.

SUI trading at $2.02 on the 1D chart | Source: SUIUSDT on Tradingview.com
Featured image from Adobe Stock, chart from Tradingview.com

Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The market is within a period of stabilization that can turn into a good foundation for a recovery rally. Unfortunately though, there is a strong possibility that XRP's growth, fueled by the ETF period, Bitcoin's stabilization and Shiba Inu's rebound, will end as swiftly as it began.

Shiba Inu bails outThe price action over the past few sessions finally shows some signs of life, as Shiba Inu attempts to pull itself out of a months-long downtrend. SHIB recovered nearly instantly after falling into the lower $0.0000090 range, reversing the sell-off more quickly than most anticipated. When buyers are silently taking in everything thrown at them and sellers are running out of fuel, you do not see that kind of quick recovery around a local floor.  

SHIB/USDT Chart by TradingViewThe 50-day, 100-day and 200-day moving averages are all stacked above the price and continue to slope downward, and SHIB is still trading below these major moving averages. From a structural perspective, this indicates that the overall trend has not changed yet. However, prices are behaving differently. Even when Bitcoin volatility spikes, SHIB is holding higher lows and refusing to collapse rather than bleeding out gradually. Long before the averages catch up, this kind of resilience at the bottom of a range typically marks the beginning of a trend reversal. 

HOT Stories

The volume is not blowing up, but its steady and does not exhibit the panic that comes with true surrender. What's more crucial is the absence of exchange inflows. Whales and long-term holders are not getting ready for a significant sell event because there is not a wave of tokens transferring from wallets to exchanges. Look at the quiet on-chain side if anything points to accumulation as opposed to exiting.

Is this the start of a bull market? The foundation is there, but it is too soon to say for sure. SHIB has demonstrated its ability to protect the sub-$0.0000095 region, bounce cleanly and sustain momentum long enough to exert pressure on overhead resistance. 

SHIB has sufficient structural support to stage a move toward the $0.0000105-$0.0000110 cluster, which is the first real indication that a bullish cycle is trying to form if the market offers even a slight risk-on window. 

Will XRP ETF save the day?With lower highs, lower lows and a consistent decline through its major moving averages, XRP has been steadily declining over the last few months. That kind of structure takes time to relax under normal conditions. However, the current XRP ETF craze is adding enough outside momentum to possibly break the pattern far more quickly than the chart by itself would indicate.

With issuers like Franklin Templeton, Bitwise, 21Shares, CoinShares and Grayscale in line for regulatory rulings, the industry as a whole is witnessing a surge in filings and review windows in November. Technical pessimism has been largely overshadowed by the narrative that institutional capital or real regulated capital is getting ready to rotate into XRP.  

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On the chart, the shift is already taking shape. XRP has reclaimed the short-term trendline it broke earlier in the month, and buyers have stepped in aggressively near the $2.30 zone. The price returned to the $2.45-$2.50 range, directly beneath the moving average cluster that had been serving as a lid thanks to the strong bounce. 

These MAs would typically keep rejecting the price, but sentiment influenced by ETFs alters the situation. Resistance softens when market players anticipate institutional flows because sellers are reluctant to make a potentially disruptive move.

All of this does not ensure a breakout right away. However, the ETF cycle is a true structural catalyst that is powerful enough to surpass purely technical expectations. The remaining credibility of XRP's downward trend is lost if filings go smoothly and even one significant issuer passes the early review window. The bearish structure may be invalidated by the market's pricing in external demand. 

Bitcoin's open interest wiped outOver the past day, Bitcoin has wiped out $1.63 billion in open interest, which is a huge flush-out by any measure. That kind of decline would typically be a warning sign that things are going to get worse. When open interest collapses, it typically indicates that momentum is waning, liquidations are occurring on both sides and traders are aggressively leaving. 

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However, the market did not collapse this time. Rather, BTC immediately recovered from the short-term rising support it had been building since the sell-off in early November. That bounce counts. One of the clearest indicators that the market is derisking rather than collapsing is a significant OI wipeout combined with price stability.

Bitcoin becomes brittle when open interest remains excessively high for an extended period of time; a single abrupt move can set off a chain reaction of liquidations. Now that leverage has been removed, the chart appears much more stable than it was a week ago.  

Buyers defended the $100,000-$102,000 range, creating a distinctly higher low. Rebuilding a bullish structure starts with protecting a base, lowering leverage and then pushing into resistance with cleaner momentum.

3 minutes ago

Threshold has introduced upgrades to its tBTC bridge, which it claims will better position the $500 billion worth of Bitcoin held by institutions and whales to access DeFi opportunities.

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Crypto infrastructure platform Threshold has rolled out a major upgrade for its tBTC bridge, aimed at enticing institutions to put their billions of dollars worth of Bitcoin to work in decentralized finance protocols. 

Threshold’s latest upgrade now enables institutions to mint tBTC directly to supported chains in a single Bitcoin (BTC) transaction, without secondary approvals and without gas fees, while redemptions back to the Bitcoin network are equally as straightforward, Threshold said in a statement.

Threshold’s head of marketing, Rizza Carla Ramos, went into more depth in an interview with Cointelegraph at the Web Summit in Lisbon this week, explaining that the feature improvements could incentivize more Bitcoin-holding institutions to put their BTC to work in DeFi instead of just letting it sit there and waiting for it to appreciate:

“They’re going to be wanting lending, they want yields on it because if they’re investing for Bitcoin in the long run, you don’t just want it sitting there, right?

“You want to be able to have liquidity, you want to be able to have depth with your assets, you want your assets to actually generate profit for you.”“That’s how we’re going to build that next level of finance for Bitcoin, by allowing the institutions to get that part of the market onchain,” she added.

Source: Threshold
BTC can move to Ethereum, Arbitrum, Base, and moreEvery tBTC minted is verifiably backed 1:1 by Bitcoin with no middlemen or custodian risk by implementing a 51-of-100 threshold signing model, empowering more than $500 million in institutional and whale-held Bitcoin to move into Ethereum, Arbitrum, Base, Polygon, Sui and other blockchains to chase DeFi opportunities.

Threshold has seen over $4.2 billion in cumulative volume cross its tBTC bridge since it launched five years ago.

It competes with Wrapped Bitcoin (WBTC) and renBTC (RENBTC), which have seen far more trading volume than Threshold but operate on a more centralized model to move Bitcoin across other blockchains.

WBTC made a move of its own on Thursday, expanding to Hedera to bring more liquidity and Bitcoin tokenization opportunities to the high-speed chain.

Bitcoin will help DeFi, tooThreshold also argued that tBTC would make the decentralized finance space more robust as Bitcoin would deepen liquidity in decentralized exchange pools and lending protocols while enabling more sustainable yields.

Magazine: Big Questions: Did a time-traveling AI invent Bitcoin?

On November 13, 2025, VeChain sharply refuted claims made in a Bybit report suggesting that its blockchain includes a covert mechanism for freezing funds. VeChain’s firm rebuttal highlights the potential reputational damage such allegations could cause, as well as the importance of clear communication in the crypto industry, where transparency and security are paramount.

The controversy centers on a report by Bybit’s Lazarus Security Lab that alleged several blockchain networks, including VeChain, have built-in capabilities to freeze or restrict user funds. VeChain has categorically denied these claims, stating that the only incident resembling such capability occurred in December 2019, following a breach involving the theft of a private key from a single VeChain wallet.

In that 2019 case, VeChain’s community voted to implement a temporary blocklist to prevent the thief from liquidating the stolen assets. This measure involved validators upgrading their node software to block transactions from the compromised wallet, a step VeChain insists was a transparent and community-approved response, not a hidden feature hardwired into the protocol.

The VeChain team stressed that this historical action was not a protocol-embedded freezing mechanism but a one-time, community-driven decision to address a significant security breach. They emphasized the difference between temporary transaction blocking through governance and a permanent freezing ability directly coded into the blockchain’s infrastructure.

Independent audits have backed VeChain’s assertions. Firms like NCC Group, Coinspect, and Hacken have confirmed that VeChainThor’s software allows validators to reject transactions through community governance without enabling asset seizure or permanent freezing. This underscores VeChain’s commitment to decentralized governance and the absence of centralized control over user assets.

The report from Bybit, which scrutinized 166 blockchain networks with AI-assisted analysis and manual verification, categorized freezing mechanisms into three types: hardcoded, configuration-based, and on-chain contract freezing. It pointed to other networks, such as Binance’s BNB Chain, which allegedly utilized similar mechanisms to address security breaches in the past, like the $570 million bridge exploit containment.

While Bybit’s report highlighted these features as necessary interventions for security breaches, it also raised concerns about their implications for decentralization. The existence of fund-freezing capabilities could challenge the crypto ethos of decentralization, as such powers might concentrate control and potentially lead to censorship.

VeChain’s response to Bybit stresses the importance of understanding the technical and governance differences in blockchain operations. The company encourages further technical examination of the report, cautioning against conflating community-governed transaction blocking with hardcoded freezing functions.

The broader context of this debate touches on the core principles of blockchain technology. Initially designed to be immutable and decentralized, the ability to freeze assets—albeit for security reasons—raises fundamental questions about the balance between security and decentralization. As blockchain technology continues to evolve, the industry faces the challenge of maintaining its foundational principles while adapting to emerging threats.

A counterpoint to VeChain’s position is that even a community-approved blocklist can be perceived as a form of central control, potentially deterring users who prioritize absolute autonomy over their assets. Furthermore, the ongoing evolution of blockchain technology may require ongoing discussions about the roles of governance and intervention in decentralized ecosystems.

The discourse around security measures versus decentralization is not new to the crypto world. Similar conversations have taken place in other sectors, such as finance, where regulatory oversight is often weighed against market freedom. The challenge remains in finding a balance that satisfies both security needs and the foundational ethos of decentralization.

In conclusion, VeChain’s denial of Bybit’s claims brings to light the ongoing tension between maintaining security and preserving the decentralized nature of blockchain networks. As the industry grows, these discussions will likely become more frequent, necessitating careful consideration and dialogue among stakeholders. The potential risks and benefits of interventionist measures will continue to be a pivotal part of the conversation in shaping the future of blockchain technology.

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Chainlink’s LINK token extended its decline on Thursday, slipping below the key $14.50 support level as sellers outweighed buyers during a high-volume market downturn. The move follows a failed attempt to sustain momentum above $15, resulting in a pronounced breakdown that highlighted growing bearish pressure across the broader crypto market.

LINK retreated from an intraday high near $15.26 and continued sliding to its weakest price point since late October. The token underperformed the broader CoinDesk 5 Index, which also fell but by a comparatively milder 3.7%. Trading activity surged notably, with over 3.32 million tokens exchanged — roughly 118% above its daily average — signaling strong institutional participation during the selloff.

A rapid three-wave liquidation event between 17:05 and 17:41 UTC intensified the decline, with more than 360,000 tokens changing hands in minutes. This sharp spike in volume reinforced the rejection of the $15.00–$15.26 resistance cluster and pushed LINK toward a new support zone around $14.40. Analysts noted that the break of the ascending trendline confirms a short-term bearish reversal and raises caution among traders.

Despite the downward pressure, on-chain data indicates ongoing accumulation by major entities. The Chainlink Reserve added another 74,049 tokens to its holdings on Thursday, bringing its total above 800,000 LINK. However, with an average entry price near $20, the reserve now holds an unrealized loss of about 27%, reflecting the broader market’s failure to maintain bullish traction.

For traders watching the next move, the $14.40–$14.50 area serves as immediate support. A drop below this range could expose the $14.20 level, while a recovery above $15 — and more decisively $15.26 — would be needed to restore short-term upward momentum. As volatility rises and liquidation pressures mount, market participants remain alert for a potential rebound or further downside continuation.

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The Canary XRP ETF (XRPC) has recorded a major debut. After launching on the same day as the reopening of the United States government, the Canary XRP ETF has registered a record $58.5 million in trading volume and around $245 million in net asset inflows. 

In comparison, the Canary XRP ETF has outshined 900 other spot ETFs launched in 2025. Most importantly, the Canary XRP ETF outshined the Bitwise BSOL, which recorded a trading volume of about $57 million during its first day of launch.

Why is Canary XRP ETF Gaining Traction Amid Bearish OutlookXRP has an improved market and better regulatory clarityThe impressive debut performance by the Canary XRP ETF is heavily attracted to the unwavering support of the XRP army. After years of waiting, institutional investors now have a clear path towards investing in XRP in a regulated manner. 

Earlier this year, the United States Securities and Exchange Commission (SEC) unanimously approved the closure of the lawsuit against Ripple. As such, the XRP market has significantly improved through notable listings and more real-world use cases.

Anticipated altseason 2025 fueled by institutional adoption amid rising global money supplyThe notable demand for the Canary XRP ETF on the first days, amid notable crypto capitulation, is heavily influenced by its prospects to record a similar rally akin to the crypto summer of 2017. 

#XRP – ⚡ The Power of 27X (UPDATE) 💥:

To understand the full story, go back and check my September 2023 post ( Down below), it explains the purpose and logic behind this setup. 📖🔍

Now… here’s the updated chart, the vision remains intact, and the math still screams… https://t.co/Mye3vUeZD1 pic.twitter.com/aXscC4naMk

— EGRAG CRYPTO (@egragcrypto) November 12, 2025 According to a popular market analyst alias Egrag Crypto, XRP price is well positioned to rally exponentially in the near future, potentially hitting double digits. The macro bullish for XRP price is bolstered by the highly anticipated Federal Reserve’s money printing triggered by its Quantitative Easing (QE) amid rising global money supply.

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Solana (SOL) saw a sharp downturn in a highly volatile Wednesday session, slipping more than 5% as it broke through critical support levels identified by CoinDesk Research’s technical analysis model. The token fell to $145.43, wiping out gains from the previous week and signaling a potential shift in market sentiment. Trading volume surged more than 13% above weekly averages, highlighting heavy institutional selling as the dominant force throughout the session.

The sell-off intensified late in the day, triggering a cascade of stop-loss orders as SOL tumbled from $153.03 to $145.31. Hourly candles repeatedly closed at new lows amid rising volume, confirming sustained bearish momentum. In the final hour of trading alone, the price plunged from $148.61 to $145.29 as sellers firmly controlled the market.

The decline came despite continued strength in spot Solana ETFs, which have now logged eleven consecutive days of positive inflows. Bitwise’s BSOL remains the frontrunner, pushing total ETF assets to around $369 million. However, the bullish ETF demand contrasts sharply with weakening network fundamentals. Daily active addresses dropped to a yearly low of 3.3 million, a steep fall from January’s 9 million peak. The fading memecoin trend that once fueled Solana’s surge appears to have cooled significantly, creating a divergence between institutional buying and on-chain activity.

Technical indicators reinforce the bearish setup. The decisive break below the $150 support level places the next significant floor in the $142–$144 range, with strong resistance now forming near $157.25. Volume during the breakdown spiked 157% above the daily average, a classic sign of institutional distribution. With lower highs forming since the $157.25 peak and downside momentum accelerating, analysts are watching for potential targets between $135 and $140 if selling pressure persists.

This combination of weakening network use, heavy volume declines, and bearish chart patterns suggests that Solana may face continued volatility in the sessions ahead.

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Michael Saylor, executive chairman of MicroStrategy, believes Bitcoin is on track to overtake gold’s market capitalization by 2035, expressing full confidence that the world’s leading cryptocurrency will become a larger and more valuable asset class within the next decade. In a recent Yahoo Finance interview, Saylor described Bitcoin as the centerpiece of a “digital gold rush,” noting its expanding global influence, increasing adoption, and unmatched scarcity.

According to Saylor, 2035 marks a pivotal milestone because miners will have produced 99% of Bitcoin’s total supply. He referred to the year as the “0.99 year,” emphasizing that the remaining 1% of Bitcoin will be gradually mined over the next century. This slow issuance, he said, reinforces Bitcoin’s scarcity and strengthens its long-term value thesis. Saylor added that market sentiment continues to shift toward accepting Bitcoin as the digital equivalent of gold, driven by its fixed supply and decentralized design.

Saylor’s view echoes comments from Binance founder CZ, who also predicted that Bitcoin would eventually surpass gold, although he avoided giving a specific timeline. Their shared perspective highlights growing confidence among industry leaders in Bitcoin’s future dominance as a store of value.

The longstanding Bitcoin-versus-gold rivalry has recently intensified, fueled by public debates between CZ and well-known gold advocate Peter Schiff. Schiff, a consistent critic of Bitcoin, has challenged CZ to a direct debate on the merits of Bitcoin compared to gold. In response, Binance announced that its December 2025 Blockchain Week in Dubai will host a high-profile showdown titled “BTC vs Tokenized Gold,” featuring both personalities. The debate is expected to examine which asset offers a stronger future and has already generated significant buzz across the crypto community.

This renewed spotlight aligns closely with Saylor’s bold projection, reinforcing broader industry sentiment that Bitcoin’s scarcity, adoption curve, and digital advantages could position it to outshine gold in the years ahead.

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Journalist

Posted: November 14, 2025

Key Takeaways 
What signals show strengthening accumulation and early reversal interest in LINK?
Whale outflows, strong demand-zone defense, and improving MACD momentum highlight growing bullish appetite.

How do traders and futures metrics support LINK’s potential breakout attempt?
Taker-buy dominance and a 70% long ratio show traders aggressively positioning for upside continuation.

Chainlink [LINK] Large holders continued moving LINK away from Binance, strengthening the bullish accumulation trend. The $26 million outflow highlights how whales keep reducing liquid supply during a sensitive price phase. 

Buyers stepped in aggressively near the $14.50–$15.00 support zone, and this action increased confidence across the market. Moreover, exchange outflows usually precede strong expansions, because reduced liquidity often amplifies upside moves when demand returns. 

Additionally, ETF anticipation added a powerful narrative to this behavior. Many investors now believe whales want to secure their positions before liquidity thins further.

Can LINK extend its rebound after holding the high-value demand zone?
Chainlink bounced cleanly from the long-standing demand zone near $14.50, showing a clear shift in market structure. Price respected this zone multiple times, highlighting strong interest from medium-term buyers.

The rebound also pushed LINK toward its descending channel resistance, where a potential breakout attempt could begin forming.

MACD showed early momentum strength as the histogram contracted upward and the signal lines curved into a healthier alignment.

LINK remained inside the channel, but every successful retest of the lower boundary strengthened the reversal case. If buying pressure continued, LINK could target $19.14 next, followed by $23.79.

Source: TradingView

Taker buy momentum grows as aggressive buyers regain daily control
Taker Buy Dominance showed buyers taking more initiative, and this shift supports the positive price reaction. 

The Futures Taker CVD indicator measures the difference between market buys and sells, and current readings show stronger buy-side aggression. 

This behavior increases momentum during recovery phases because active buyers push price more effectively when liquidity thins. 

Additionally, taker demand rose in the same region where LINK formed the rebound, which reinforces the bullish reversal setup. 

While sellers attempted brief recoveries, buy-side volume remained stronger. This trend strengthens the likelihood of continued upside pressure in the coming sessions.

Do Binance’s top traders signal a deeper bullish shift for Chainlink?
Top-trader long positioning surged above 70%, showing a dramatic improvement in sentiment. The Long-Short Ratio increased sharply from earlier lows, and this shift shows how confident high-volume traders have become. 

Moreover, such sentiment flips often precede larger impulsive moves because large accounts react earlier to structural changes. 

Even during recent pullbacks, long accounts kept dominating, which confirms sustained conviction. 

Additionally, this positioning aligns with the strong rebound from support and the broader on-chain accumulation trend. 

Together, these metrics show how confident traders expect LINK to challenge higher resistance zones soon.

Conclusively, Chainlink shows strong bullish alignment as whales accumulate, buyers dominate taker activity, and top traders increase their long exposure. 

LINK now holds momentum from the $14.50 demand zone, and these signals point toward a sustainable recovery attempt. 

If current conditions continue, LINK has a realistic opportunity to push toward $19.14 and later $23.79.

Journalist

Hassan Shittu

Journalist

Hassan Shittu

About Author

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Last updated: 

November 13, 2025

Publicly listed crypto treasuries are turning defensive as market volatility prompts a wave of corporate share buybacks across the digital asset treasury (DAT) sector.

Recently, Nasdaq-listed Upexi has authorized a $50 million share repurchase program, showing a broader shift toward capital preservation even as firms continue to hold massive Solana reserves on their balance sheets.

Upexi, a Solana-focused digital asset treasury company and consumer brands operator, said its board approved the buyback to provide “flexibility to purchase shares in the open market” depending on market conditions.

The company emphasized that the program reflects confidence in its long-term strategy while maintaining a strong treasury position.

The CEO, Allan Marshall, also added that the repurchase is a tool to enhance shareholder value and will be executed only when returns are attractive.

The company’s treasury holds roughly 2 million SOL, valued at $283 million, representing about 0.35% of Solana’s total supply.

Source: Sol TreasuryDespite a recent decline in Solana’s price, from about $143 to $134, Upexi’s on-chain reserves remain among the largest institutional holdings in the ecosystem.

The firm’s crypto-backed position has, however, been mirrored by sharp volatility in its own stock, which has fallen nearly 47% over the past month from a high of $6.50 to around $3.43.

Source: Sol TreasuryUpexi’s move comes amid a turbulent period for Solana-linked treasuries. According to institutional reserve data, the top 20 Solana treasury and ETF holders control 24 million SOL worth about $3.4 billion, or 3.5% of the total supply.

Source: Sol TreasuryAround half of these holdings are staked for yield at an average return of 7.7%, while the remainder remains liquid for balance sheet management.

Forward Industries (FORD) leads with 6.8 million SOL valued near $966 million, followed by Solana Company (HSDT), DeFi Development Corp (DFDV), Sharps Technology (STSS), and Upexi rounding out the top five.

These firms account for roughly 76% of all institutional Solana holdings, showing how companies use digital assets strategically.

Solana Treasury Firms Trade Below Asset Value as Institutions Maintain PositionsMarket data shows that despite Solana’s price drop of nearly 7% in 24 hours, institutional positions have largely remained intact, with no major liquidations reported.

Analysts view this stability as a sign of long-term confidence in Solana’s network fundamentals and its growing role as a blockchain for corporate treasuries.

Public market valuations differ. Most Solana treasuries are currently trading at a discount to their net asset value (mNAV), indicating investor caution

Upexi’s mNAV stands at 0.68, while Forward Industries sits at 0.82, suggesting cautious sentiment in equity markets despite strong on-chain balance sheets.

The divergence between treasury value and stock performance has been a defining feature of the DAT sector.

Upexi, which reported $66.7 million in net income in its most recent quarter, driven largely by $78 million in unrealized Solana gains, still faces investor skepticism tied to broader crypto market swings.

Its stock previously surged more than 600% after revealing its Solana strategy earlier this year, but has since retraced sharply as digital assets weakened.

Other treasuries act similarly. On November 6, Forward Industries authorized a $1 billion share repurchase program for flexibility amid volatility.

Despite the short-term pullback in prices, the overall trend in corporate Solana holdings remains upward.

The rise of Solana-focused treasuries marks an evolution from the Bitcoin treasury strategies that dominated earlier cycles.

These firms use Solana not only as a store of value but also as a yield-generating asset through staking and validator participation.

Companies like DFDV, which stakes its entire 2.2 million SOL holding, illustrate how treasury management in crypto is becoming more active and income-driven.

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Hedera Foundation has partnered with BitGo and LayerZero to integrate WBTC and help unlock the next phase of decentralized finance adoption.

Summary

The wrapped Bitcoin (WBTC) is now live on Hedera.
Launch of the tokenized Bitcoin token brings institutional-grade Bitcoin DeFi to the HBAR network.
Rollout is in partnership with BitGo, BiT Global, and LayerZero.

Wrapped Bitcoin, a tokenized version of Bitcoin, launches on Hedera amid growing demand for institutional-grade tools and solutions across the DeFi market. 

The Wrapped Bitcoin (WBTC) token, backed 1:1 by Bitcoin (BTC) is a token that allows bitcoin holders to participate in DeFi, including across lending, trading and liquidity provision. Use has helped grow the decentralized finance market on the benchmark digital asset’s network, which currently has a total value locked of over $9.6 billion.

Hedera (HBAR) is looking to leverage the integration, which benefits from support by BitGo, BiT Global and LayerZero, to expand Hedera’s traction for Bitcoin DeFi, or BTCfi.

LayerZero will power this integration via its cross-chain infrastructure, with key support from Stargate Finance and SaucerSwap. The platforms see the launch of canonical WBTC on Hedera as the next step in putting idle Bitcoin liquidity to work in DeFi on Hedera.

James Hodgkins, chief growth officer at HBAR, Inc., said:

“Thanks to the institutional-grade benefits of Hedera, BTC holders can participate in BTCFi without the fear of frontrunning or MEV, in turn enabling a best-in-class experience for these large capital allocators. This milestone is an attestation to Hedera’s DeFi evolution – and that the world’s most trusted Bitcoin standard recognizes the strength and growth potential of the network.”

WBTC boasts a market cap of nearly $13 billion, with more than 126,000 BTC in custody.

The token commands a 65% market share of all BTC tokenized on the Ethereum network. Deployment on Hedera brings this new class of liquidity to users, allowing for new ways to engage with institutional-grade Bitcoin.

Dromos Labs disclosed on Nov. 12, 2025, that Aerodrome and Velodrome will fold into a new unified decentralized exchange (DEX) called Aero, pulling Base, Optimism, Ethereum mainnet, and Circle's Arc chain into one liquidity hub.

Author

Alejandro Arrieche

Author

Alejandro Arrieche

About Author

Alejandro is a seasoned financial analyst and adept business expert with over seven years of experience in dissecting complex business topics and vital market trends. His insightful writing, which has...

Last updated: 

November 13, 2025

The first spot exchange-traded fund (ETF) linked to XRP will finally hit the U.S. capital markets today, favoring a bullish XRP price prediction at a point when institutional adoption is rapidly rising.

Canary Capital will be the first asset management firm to get an XRP spot ETF approved by the U.S. Securities and Exchange Commission (SEC). The fund will trade under the ticker symbol XRPC.

A hybrid XRP ETF managed by REX-Osprey that partially invests in futures has attracted $131 million in assets just a few months after its launch. This reflects Wall Street’s growing appetite for the token.

Just as it happened with the first Solana 100% spot ETF launched by Bitwise recently, Canary’s ETF could rapidly surpass its predecessor as this vehicle is 100% backed by XRP reserves.

Could this ETF approval mark the beginning of XRP’s next leg up?

XRP Price Prediction: Eyes Set at $5 as Institutions Embrace XRPXRP found support at $2.10 recently, following the hawkish comments made by the head of the Federal Reserve a few weeks ago.

XRP has bounced off a key support just as the U.S. government shutdown ends, reigniting hopes for a stronger recovery across the crypto market.

If the token breaks above the 200-day EMA, it could accelerate toward $3 — a move that would confirm a breakout from the current parabolic setup.

With institutional adoption rising, XRP’s long-term outlook remains strong. A surge to $5 looks achievable in the months ahead.

Some ultra-bullish projections still point to a $100 target eventually, which would imply a $6 trillion market cap. That’s a stretch for now, but the narrative is gaining steam among believers.

Meanwhile, high-upside presales like Pepenode ($PEPENODE) are attracting early investors hoping to capture growth faster.

This project reimagines mining by letting anyone earn meme coins through virtual rigs — no hardware required.

Over $2 million has already poured into the presale, and the window to get in early is closing fast.

Pepenode ($PEPENODE) Gamifies Mining and Makes It Fun and Hassle-FreePepenode ($PEPENODE) enables players to mine meme coins easily, without the need to invest thousands of dollars in hardware.

Pepenode ($PEPENODE) transforms crypto mining into a virtual game where players compete to earn real meme coin rewards.

Using $PEPENODE tokens, gamers can launch powerful virtual servers, deploy as many rigs as they like, and climb the leaderboard by mining more than their rivals.

Top performers will score exclusive airdrops of trending tokens like Bonk ($BONK), along with other premium prizes.

To drive value, the game burns up to 70% of the tokens spent on rig upgrades, creating constant deflation as gameplay scales.

With $2.1 million raised in just weeks, many consider $PEPENODE as one of the most promising contenders in this meme coin cycle.

To buy $PEPENODE before the next price increase, simply head to the official Pepenode website and link up a compatible wallet like Best Wallet.

You can complete the transaction by swapping tokens like USDT or ETH, or simply using a bank card for instant access.

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As of mid-November 2025, Bitcoin (BTC) is on the cusp of a potential upswing, driven by a decline in the U.S. Dollar’s strength and an accumulation of stablecoins on cryptocurrency exchanges. The U.S. Dollar Index (DXY), a key indicator comparing the dollar against other major currencies, has seen an 8% drop since the beginning of the year. This fall underlines Bitcoin’s historical inverse correlation with the dollar; as one decreases, the other often gains.

The significance of this trend is underscored by new on-chain data indicating a growing pool of stablecoin liquidity. This dynamic has previously heralded substantial price increases for Bitcoin. According to XWIN Research Japan, the correlation between Bitcoin and the dollar stands at -0.52, reinforcing the narrative that Bitcoin acts as a bellwether for global liquidity conditions, which tend to flourish as the dollar weakens.

Interestingly, the Exchange Supply Ratio (ESR), which measures the proportion of stablecoins held on exchanges ready for investment, has climbed to 0.457. This metric, shared by CryptoQuant, suggests a buildup of potential purchasing power poised for market re-entry. Historically, a rising ESR has been a precursor to significant BTC price rallies, especially when combined with a softer dollar.

The market’s current condition reflects a familiar pattern where Bitcoin thrives amid a declining dollar and growing stablecoin reserves. Despite this, recent geopolitical and economic challenges have injected uncertainty into the market. For instance, a record-breaking 43-day U.S. government shutdown concluded on November 13, causing significant disruptions. This event stalled regulatory advancements and left the Federal Reserve navigating monetary policy without critical economic data.

During the shutdown, Bitcoin’s movement was notably restrained. Prices dipped below $101,000 but rebounded to approximately $103,000 following the resolution of the government closure. Despite this recovery, Bitcoin’s price has struggled for clear direction, exhibiting a nearly flat seven-day performance and an 8% decline over the past 30 days, as reported by CoinGecko.

The broader crypto market has also felt the impact, with a slowdown in growth from October 1 to November 10. The total cryptocurrency market capitalization shrank by $408 billion, mainly affecting mid- and small-cap assets, indicating a shift towards safer investments.

However, there are signs of resilience and future potential. The total market cap for major stablecoins is approaching a record $260 billion, according to observations by the analyst Darkfost. This suggests that capital is not exiting the crypto ecosystem but rather being strategically held back. Additionally, a reduction in miner selling pressure could signal the beginning of an accumulation phase, a precursor to potential price increases.

Although Bitcoin’s current performance reflects short-term pressures, these underlying factors suggest a readiness for renewed market activity. The overall stability in major stablecoins, coupled with easing selling pressure from miners, reinforces the notion that investors are biding their time for the opportune moment to re-enter the market.

In a broader context, Bitcoin’s relationship with the U.S. dollar and stablecoins is part of a larger narrative around cryptocurrency as a hedge against traditional financial systems. With the dollar’s weakening, Bitcoin’s appeal as an alternative asset class becomes more pronounced, potentially attracting more institutional and retail interest.

However, there are risks to this optimistic outlook. The volatility inherent in cryptocurrencies always poses a threat, and external economic factors, such as changes in monetary policy or regulatory shifts, could disrupt the balance. Moreover, geopolitical events and technological developments within the crypto space itself could introduce unexpected challenges.

Still, the landscape seems ripe for Bitcoin’s resurgence if these positive metrics align with favorable external conditions. The evolving dynamics between the U.S. Dollar, stablecoins, and Bitcoin underscore the intricate dance of market forces that investors must navigate.

In conclusion, while short-term market conditions present challenges, the structural indicators for Bitcoin’s potential rally are significant. With stablecoins’ liquidity at a high and the dollar’s decline enhancing Bitcoin’s appeal, the stage is set for a potentially bullish phase in the cryptocurrency market. However, stakeholders must remain vigilant of the inherent risks and external factors that could impact future developments.

Post Views: 7

Journalist

Posted: November 14, 2025

Key Takeaways
What did dYdX governance approve?
The dYdX community passed proposal #313 with 59.38% approval, tripling the token buyback allocation from 25% to 75% of net protocol fees.

How has DYDX price reacted?
Despite the bullish tokenomics shift, DYDX fell 3.53% to $0.3060 on the announcement day and has plummeted over 56% since September.

The dYdX community has voted to triple its token buyback allocation. They increased from 25% to 75% of net protocol fees in a landmark governance decision announced on Thursday.

Proposal #313 passed with 59.38% approval after a three-day voting period that ended 13 November 2025.

Source: dYdX Mintscan

The measure reshapes how the decentralized derivatives exchange distributes its protocol revenue, marking one of the most aggressive buyback programs in DeFi.

“Starting today, 75% of protocol fees will be used to buy back DYDX on the open market,” the dYdX team announced on X shortly after the vote concluded.

dYdX team triples down on token economics
The decision represents a major shift from the original buyback program launched in March 2025. 

The initial program allocated just 25% of trading fees to token repurchases and has already purchased over 5 million DYDX tokens from the market.

Under the new structure, the protocol will funnel three-quarters of its revenue into open market purchases.

The remaining fees will be split between the Treasury SubDAO [5%] and MegaVault [5%], with staking rewards continuing from existing allocations.

Analysts project the protocol could repurchase up to 5% of DYDX’s total supply annually at current price levels.

With dYdX generating $46 million in net protocol revenue during 2024, the enhanced buyback program could significantly impact the circulating supply.

Strategic timing
The community timed this change strategically. The tripled buyback allocation aims to create a supply squeeze effect.

Nethermind Research, which supported the proposal, pointed to historical data showing DeFi tokens typically outperform by 13.9% on average following buyback announcements. 

The firm argued that tripling the allocation “would strengthen tokenomics while signaling confidence to the market.”

The purchased tokens will be staked to validators for extended periods, reinforcing network security while keeping them out of active circulation.

Muted market response
Despite the bullish tokenomics shift, DYDX traded at $0.3060 at the time of writing, down 3.53% on the day. The token has plummeted over 56% since September, falling from around $0.70 to its current levels.

Source: TradingView

The subdued reaction suggests traders remain cautious, though the enhanced buyback program could provide support by accumulating tokens at these lower prices.

Solid debut days on the ETF markets can’t prevent major-scale players from cashing out: what’s next for HBAR?

Market Sentiment:

Bullish

Bearish

Neutral

Published:
November 13, 2025 │ 8:35 PM GMT

Created by Kornelija Poderskytė from DailyCoin

With the United States (USA) government back in action, the multiple missed key dates in the exchange-traded fund (ETF) field, including the HBAR-based Grayscale ETF. While one out of the two ETFs is pending, Canary Capita’s HBAR ETF, debuting with the HBR ticker, has scored a solid $71 million inflow on Thursday.

Enormous Profit Taking Overshadows HBAR ETF SuccessSurely, these ETF stats aren’t matched with Solana’s $368.52 million ETF inflows in the same time window, but the Grayscale HBAR ETF approval could significantly speed things up for the DLT altcoin on traditional stock markets. Meanwhile, Hedera’s native coin is showing some resilience around the $0.17 support level despite atypically huge whale sell-offs.

Staying above the area in the near-term won’t be easy with an extra strong case of profit-taking on Thursday evening. The Chaikin Money Flow (CMF), a key technical instrument in assessing crypto whale behavior, has tumbled to -0.35, meaning that big-time players are cashing out in masses.

HBAR ETF Debuts Slow But Steady, Grayscale Still On HoldKeeping above this level is crucial while Bitcoin (BTC) retests $100,000 amidst the re-opening of the USA government. With many traders reconsidering their short-term decisions & searching for risk-off assets, the digital asset sector could endure a shake-out before the next bull run leg arrives. With Canary Capital taking the fast-track method towards launching the inaugural HBAR ETF, Grayscale’s liability could be different with the SEC’s Crypto Task Force re-opening.

The SEC has not published any order for the Grayscale Hedera Trust (HBAR ETF).

Despite November 12 deadline, the file is still officially pending on @SECGov website..

No approval. No denial. No update.

We wait. $HBAR ETF ARE COMING 🔥 pic.twitter.com/3OHuM7H0QT

— HBAR all in ༼ つ ◕_◕༽つ━☆ﾟ.*･｡ﾟ (@HBAR_allin) November 13, 2025
The 21-day loophole allowed Hedera’s HBAR Spot market-tracking ETF to debut amid the lock-down, but the SEC could treat the case differently due to Grayscale’s enormous $20.2 billion assets under management (AUM), nearly 20 times larger than Canary’s.

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People Also Ask:What’s causing the HBAR price dip to $0.167 right now?

HBAR’s drop to $0.167 tonight follows the SEC’s delay of the Grayscale Polkadot ETF decision to November 8, 2025, stirring uncertainty that’s hit investor confidence and pulled HBAR down from recent highs.

What’s the Grayscale ETF delay & how’s it messing with HBAR?

The SEC pushed back its review of the Grayscale Polkadot ETF, which shares market vibes with HBAR. This hang-up has traders on edge, contributing to HBAR’s current slide as sentiment takes a hit.

Who’s Canary Capital & can they save HBAR from this dip?

Canary Capital’s got a spot HBAR ETF debuting today on Nasdaq, and with HBAR at $0.167, their launch could draw fresh investors. If it sticks, it might counter the delay’s drag and lift HBAR back up.

Could Canary’s ETF pull Hedera’s price out of this slump?

If Canary’s ETF launch goes off without a hitch and pulls in buyers, it could ease the pressure from the Grayscale delay, potentially pushing the coin past $0.167 by offering a legit way for new money to jump in.

What should a newbie watch with HBAR & this ETF drama?

New folks should track Nasdaq’s ETF launch status tonight and HBAR’s price moves. It’s a wild ride, so dig into Hedera’s basics, keep on reading DailyCoin on the regular & don’t rush into anything.

DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?

Market Sentiment

100% Bearish

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