Market Signal Briefing

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Walt Disney (DIS - Free Report) .

Disney currently has an average brokerage recommendation (ABR) of 1.63, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 31 brokerage firms. An ABR of 1.63 approximates between Strong Buy and Buy.

Of the 31 recommendations that derive the current ABR, 21 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 67.7% and 6.5% of all recommendations.

Brokerage Recommendation Trends for DIS

Check price target & stock forecast for Disney here>>>

The ABR suggests buying Disney, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.

In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

ABR Should Not Be Confused With Zacks RankIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.

Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.

Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.

There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.

Is DIS Worth Investing In?Looking at the earnings estimate revisions for Disney, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $5.87.

Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Disney. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Disney.

Petrobras (PBR - Free Report) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, PBR broke out above the 50-day moving average, suggesting a short-term bullish trend.

One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first marker of an up or down trend.

PBR could be on the verge of another rally after moving 10.9% higher over the last four weeks. Plus, the company is currently a Zacks Rank #3 (Hold) stock.

The bullish case solidifies once investors consider PBR's positive earnings estimate revisions. No estimate has gone lower in the past two months for the current fiscal year, compared to 2 higher, while the consensus estimate has increased too.

Investors should think about putting PBR on their watchlist given the ultra-important technical indicator and positive move in earnings estimate revisions.

Key Takeaways QuantumScape stock has soared 220% YTD, driven by operational and technology milestones.The Cobra process boosts cell production speed 25x and underpins B1 samples for automakers.VWAGY's PowerCo pledged up to $131M to advance the QSE-5 pilot line, extending industry validation.
QuantumScape Corp. (QS - Free Report) has been one of the most exciting names in the battery space this year. The EV battery innovator is finally backing its story with real progress. The stock has surged roughly 220% year to date, including an 83% rally in just the past three months, handily outperforming the industry. This move isn’t just momentum—it’s supported by operational and technology milestones that could shape QuantumScape’s long-term value.

Image Source: Zacks Investment Research

QuantumScape’s Leap With the Cobra ProcessQuantumScape’s big breakthrough came with its Cobra separator process, a next-generation manufacturing method that could make solid-state batteries commercially viable. The company announced in June that Cobra had successfully entered baseline cell production.

The Cobra process is about 25 times faster than the earlier Raptor system and much more compact and cost-efficient. This leap in productivity has allowed QuantumScape to move from Raptor-based B0 samples to its latest B1 samples, built entirely with Cobra technology.

Image Source: QuantumScape Corp.

In the third quarter of 2025, the company began shipping B1 samples to automotive partners, marking one of its biggest milestones yet. Several automakers are now evaluating these cells, confirming that QuantumScape’s technology is no longer theoretical — it’s being tested by potential customers. The new process represents a crucial step toward scaling, something that’s long been the biggest hurdle for solid-state batteries.

Real-World Validation and Growing PartnershipsAnother turning point came with QuantumScape’s public demonstration of its technology at the IAA Mobility show in Munich, held in September. The company, together with Volkswagen’s (VWAGY - Free Report) battery arm PowerCo, showcased a Ducati MotoE race bike powered by QuantumScape’s QSE-5 solid-state cells. This marked the world’s first real-world demonstration of an anode-free solid-state lithium-metal battery. QS’ cells have shown standout performance, achieving 844 Wh/L energy density.

Image Source: QuantumScape Corp.

On the partnership front, QuantumScape’s relationship with Volkswagen continues to deepen. In July, PowerCo agreed to provide up to $131 million in milestone-based payments over two years to accelerate development of the QSE-5 pilot line in San Jose. This comes on top of an earlier $130 million licensing deal, signaling VW’s confidence in QuantumScape’s technology.

The company also signed a joint development agreement with another major automaker, expanding its customer base and further validating industry interest. QuantumScape’s partnerships with Murata Manufacturing and Corning are focused on scaling the production of ceramic separators — the core of its solid-state design.

Financial Strength and a Capital-Light Business ModelQuantumScape’s latest results show that the company is executing with financial discipline. It ended the third quarter with about $1 billion in liquidity, extending its cash runway through 2029 — a year longer than its previous guidance. That extension came after a $263.5 million capital raise through its at-the-market program and reflects tight cost control.

This strong liquidity position gives QuantumScape the breathing room it needs to continue advancing its technology without the pressure of near-term fundraising. The company is sticking to a capital-light licensing model, focusing on technology development and collaboration rather than costly gigafactory builds. QS has also made steady progress on the Eagle Line pilot line, with major production equipment installed and the rest on schedule for completion this year.

Importantly, QuantumScape also reported its first customer billings in the third quarter — $12.8 million — marking early signs of monetization. These billings, mostly tied to Volkswagen’s PowerCo, show that automakers are willing to pay for QuantumScape’s development work. It’s a small but meaningful step toward converting years of research into revenues.

Final ThoughtsQuantumScape is finally beginning to deliver on its long-held promise. The company’s breakthroughs with the Cobra process, the start of B1 sample shipments and the Ducati field demonstration all prove that its technology is moving out of the lab and into real-world applications. On the financial side, the extended cash runway and first customer billings point to steady progress in QuantumScape’s business model.

While solid-state battery commercialization remains a multi-year journey, QuantumScape now has both the technology validation and financial stability to sustain its progress. And that’s why, even after its impressive rally, QS stock still looks like a buy for investors who believe in the future of solid-state batteries.

The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here

Pi Network edges closer to its mainnet v23 launch after Testnet 1 demonstrates strong stability and high transaction success.

Summary

Testnet 1 has processed millions of transactions with almost 0 failures, showing that the network is ready for mainnet version v23.
The successful testnet boosted investor sentiment, pushing PI price over 3.5% in the past 24 hours.

Pi Network (PI) is moving closer to its mainnet v23 launch after achieving strong performance in Testnet 1. The test phase processed millions of transactions with almost zero failures, demonstrating the network’s ability to handle high traffic under real-world conditions.

According to technical reports, the vast majority of transactions succeeded on the first attempt, with only occasional single failures. These results suggest that Mainnet version v23 is well-prepared to support large-scale adoption, offering a stable foundation for both financial and computational operations.

In parallel, Pi Network is currently collaborating with OpenMind, a company developing decentralized AI computing solutions. In a proof-of-concept experiment with OpenMind, over 350,000 active Pi Nodes contributed unused computing resources to process AI workloads, including image recognition tasks. The results confirmed that Pi’s decentralized network could handle real AI workloads, turning the system into a large-scale, peer-powered AI cluster. Pi Network will soon publish a case study that will share the full details.

The news about successful testnet lifted investor sentiment, sending PI price up more than 3.5% over the past 24 hours while 24-hour trading volume jumped 20%.

Bitcoin rebounded above $106,000 on Monday as Asian markets opened stronger amid growing optimism that the United States government shutdown—the longest in history—could soon end. Global equities also gained as progress in Washington lifted risk appetite and reduced fears of prolonged economic disruption.

Bitcoin (CRYPTO: BTC) has rallied above $106,000 on Monday as investors reacted to a bipartisan Senate deal to end the historic U.S. government shutdown. Senate Progress Lifts Broader Market Sentiment The U.S. Senate voted 60-40 Sunday night to advance a framework that would reopen the government after 40 days, restoring funding for key agencies through January 2026.

Solana’s institutional demand grows as Rothschild and PNC disclose ETF positions, driving bullish sentiment despite market volatility.

Izabela Anna2 min read

10 November 2025, 01:58 PM

Solana continues to attract major institutional interest as traditional financial firms reveal exposure to its exchange-traded products. Recent filings show that Rothschild Investment LLC and PNC Financial Services have disclosed holdings in Solana-linked ETFs, signaling growing confidence in the network despite broader market volatility. This development comes as Solana’s ecosystem strengthens, driven by institutional adoption, staking rewards, and long-term bullish sentiment from analysts.

Institutional Interest Expands in Solana ETFsAccording to new US SEC filings, Rothschild Investment LLC, which manages over $1.5 billion in assets, holds 6,000 shares of the Volatility Shares Solana ETF (SOLZ), valued at about $132,720. 

PNC Financial Services has also revealed similar positions, underscoring the growing participation of traditional finance players in Solana’s investment products. These moves follow the rising popularity of Solana ETFs, particularly the Bitwise Solana ETF (BSOL), which allocates 100% of its assets to staking rewards.

Investors appear to be shifting from Bitcoin ETFs toward Solana products, attracted by yield opportunities and the blockchain’s growing role in tokenization. This institutional pivot suggests a new phase of capital rotation within crypto markets, favoring high-performance blockchains like Solana over more mature assets.

Solana Price Holds Key Support at $147.49At press time, Solana trades around $169.17, up nearly 6% in the last 24 hours. Despite a 3.8% decline over the past week, on-chain data from analyst Ali Martinez shows strong support near $147.49, where more than 16 million SOL last moved. This level represents a major accumulation zone that could determine Solana’s next directional move.

Source: X

If prices hold above $147.49, momentum could push SOL toward resistance at $168 to $191. However, a sustained dip below this area may expose the token to deeper support around $125. The realized price distribution highlights $147.49 as a key psychological and structural level defining short-term sentiment.

Analysts See Long-Term Upside Toward $1,000Market analyst curb.sol projects a long-term uptrend for Solana, noting its consistent respect of an ascending support base between $150 and $160. Each retest has triggered strong buying pressure, confirming investor confidence. The analyst outlines $1,000 as a long-term target, with interim resistance zones at $250 and $500.

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Izabela Anna

Izabela Anna is a knowledgeable freelance journalist, who boasts over five years of experience covering the cryptocurrency market. Her tenure has seen her navigate through the ebbs and flows of multiple market cycles, giving her a deep understanding within. Her journalistic focus lies in dissecting price action dynamics, scrutinizing the on-chain landscape, and providing insights from a technical perspective, making her a trusted voice in the realm of cryptocurrency reporting.

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Latest Solana (SOL) News Today

XRP’s ETF optimism fuels bullish sentiment, but declining new addresses and MVRV signals increase liquidation risk near $2.10.Zcash’s 10x rally nears exhaustion, with $72 million in longs at risk if price drops below $540 amid rising parabolic pattern concerns.Starknet’s breakout faces pressure from a 127 million token unlock, risking $14M in long liquidations if price retreats to $0.128.While the altcoin season has yet to return, a few altcoins are showing stronger performance than the rest of the market in the second week of November. However, these same tokens also face the risk of triggering massive liquidations for short-term traders.

Which altcoins are they, and what risks are involved in trading their derivatives?

Sponsored

1. XRPShort-term trader sentiment for XRP remains highly optimistic as Canary Capital prepares to launch its Spot XRP ETF on November 13.

Additionally, five XRP spot ETFs from Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares have appeared on the DTCC list. This development strengthens investor confidence that multiple XRP ETFs could soon receive approval.

XRP Exchange Liquidation Map. Source: CoinglassThe 7-day liquidation map indicates a significant concentration of potential long liquidations, suggesting that many traders are anticipating an XRP price rally this week.

However, BeInCrypto’s latest analysis reveals a sharp decline in new XRP addresses over the past week, indicating a weakening of interest from new investors. Moreover, the MVRV Long/Short Difference has dropped, increasing the likelihood of a price correction.

If XRP falls toward $2.10 this week, long positions could face more than $340 million in liquidations. Conversely, if XRP rises to $2.75, short positions may be liquidated for around $69 million.

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2. Zcash (ZEC)The rally in Zcash (ZEC) shows no sign of slowing down in the second week of November. Although ZEC reached $750 before correcting to around $658, many traders still expect the price to climb toward $1,000.

The 7-day liquidation map reveals that short-term derivatives traders are allocating more capital and leverage toward long positions. This means they could face larger losses if ZEC experiences a correction this week.

ZEC Exchange Liquidation Map. Source: CoinglassSponsored

If ZEC drops to $540, over $72 million in long positions could be liquidated. Conversely, if ZEC surges to $760, roughly $44 million in shorts could be wiped out.

Analysts warn that ZEC may be forming a classic parabolic uptrend after a 10x rally, possibly nearing the final stage of the pattern.

“Just sold 90% of my ZEC. I’m bullish on the privacy thesis, but parabolic charts rarely sustain in the short run without a meaningful retrace. Too much short-term FOMO imo,” investor Gunn said.

3. Starknet (STRK)Starknet (STRK) surprised the market in the second week of November with a 30% daily surge, recovering losses from last month’s sharp decline.

Sponsored

Several analysts suggest STRK may be breaking out of a long-term resistance line, potentially kicking off a strong new bull run.

Liquidation map data reflects this short-term bullish sentiment, showing a dominance of potential long liquidations over shorts.

STRK Exchange Liquidation Map. Source: CoinglassHowever, CryptoRank reports that STRK is among the top 7 altcoins with major token unlocks this week. More than 127 million STRK tokens will be unlocked, potentially adding significant selling pressure and disrupting the plans of leveraged long traders.

If STRK falls to $0.128, approximately $14 million in long positions could be liquidated. Conversely, if it breaks above $0.20, about $1.78 million in shorts could be wiped out.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Journalist

Posted: November 10, 2025

Key Takeaways
What triggered Bitcoin’s recent surge to $105k?
A 1.62% intraday move fueled by $80 billion flowing into BTC, showing rebuilding risk appetite and macro liquidity support from a falling SOFR.

Is BTC poised for a sustained bull run?
Key resistance levels need follow-through, and rising leverage could create volatility, making the macro tailwind a potential double-edged sword.

Bitcoin [BTC] investors are showing renewed bullish positioning.

After a 1.62% intraday surge, BTC broke the $105k resistance, following a week-long chop – A sign that risk appetite may be rebuilding. In fact, $80 billion has flowed into BTC, raising its market cap to $2.12 trillion.

However, this momentum does not yet confirm a “sustained” bull run. 

The logic is simple – BTC must reclaim key resistance levels with follow-through. Otherwise, a breakdown could occur. Against this backdrop, could the latest macro tailwind be a double-edged sword for Bitcoin?

SOFR drop sparks frenzy as leverage gets cheap
As market cycles evolve, liquidity is playing a larger role in driving BTC.

Recently, official data from the Federal Reserve Bank of New York triggered a market reaction after the Secured Overnight Financing Rate (SOFR) dropped to a multi-year low of 3.92%. 

For context, this rate reflects the cost for banks to borrow cash overnight. A drop means banks pay less, which translates into cheaper capital. Hence, BTC reclaiming the $105k-level followed this surge in available liquidity.

Source: Federal Reserve Bank of New York

Backing this up, the impact was also reflected in market sentiment. 

As investor risk appetite surged, the Fear & Greed Index rose by 4 points, indicating that investors are positioning bullishly on this news. Moreover, a further 10-point shift would return sentiment to the neutral zone.

However, Bitcoin remains far from confirming a bull run as key catalysts are yet to flip into bid support. In this context, with the SOFR falling, could a hike in leverage become a major obstacle for BTC’s next leg up?

Bitcoin’s market dynamics point to potential volatility
An interesting Bitcoin setup is developing.

As the price has been grinding higher over the past couple of days, Open Interest (OI) has concurrently increased, adding roughly $2 billion in the last 24 hours alone. This has pushed the total OI back to the $70 billion threshold.

However, during the same period, Funding Rates declined. BTC’s aggregate OI-weighted funding rate fell to 0.062%, indicating that these gains were not driven by new longs, but by bears shorting their positions.

Source: X

However, with the SOFR continuing to fall, this dynamic could shift quickly. 

Too much leverage has historically been a big warning sign for Bitcoin, like in mid-October when $20 billion was wiped out in the derivatives market. So, if cheap leverage keeps building, it could push BTC into sharp moves.

Against this backdrop, the $2 billion jump in OI might be the bearish start, especially as bids stay cautious. If this continues, the SOFR drop might push traders to take bigger positions, putting Bitcoin in a volatile spot.

Ritika Gupta is a Financial Journalist and Geopolitical Analyst at AMBCrypto, specializing in the critical intersection of world politics, economic policy, and the cryptocurrency markets. Her analysis is informed by her distinguished background, which includes professional experience at major news network.
She holds a Bachelor's degree in Political Science and Psychology from Gargi College, University of Delhi. This academic training provides her with a sophisticated framework for dissecting complex issues such as international regulations, government fiscal policies, and the geopolitical forces that directly influence asset valuations.
At AMBCrypto, Ritika applies this expert lens to synthesize macroeconomic data and political developments, offering readers a deeper context for market movements. She excels at explaining not just what is happening in the market, but why it is happening. Her work is dedicated to providing strategic insights that empower readers to understand the complex relationship between global events and their digital assets.

15h05 ▪
3
min read ▪ by
Ariela R.

Summarize this article with:

Bitcoin jumps above $106,000 this Monday, November 10. A rebound fueled by a series of macroeconomic signals deemed favorable. After a consolidation phase, the queen of cryptocurrencies thus benefits from a new context that awakens speculative appetites.

In brief

The Fed ends monetary tightening, relaunching liquidity favorable to bitcoin.
The possible unlocking of the TGA after the shutdown would inject billions into the banking system.

The main driver of bitcoin’s rebound: the Fed
The United States Federal Reserve has just announced the end of quantitative tightening (QT). Starting December 1, the Fed will therefore stop reducing its balance sheet. It will resume reinvesting in matured Treasury bonds. John Williams, president of the New York Fed, even mentions the possibility of new asset purchases. The goal: to ensure money market stability.

Historically, each phase of Fed balance sheet expansion coincides with a bitcoin appreciation that captures part of this liquidity abundance. This link between monetary easing and digital assets remains one of the most closely watched markers by crypto investors.

Another catalyst: the prospect of a political crisis resolution in Washington
The government “shutdown” could end between November 12 and 15, according to prediction markets. This would unlock the Treasury General Account (TGA), automatically injecting billions into commercial banks. Once again, bitcoin would benefit from this increase in reserves.

Added to this are rumors of budget stimulus. Donald Trump indeed mentions a new program of $2000 checks. The housing regulatory authority is considering 50-year loans aimed at reducing monthly payments. These proposals, even theoretical, fuel market optimism about a massive return of easy liquidity.

A window of opportunity for bitcoin bulls?
Despite this momentum, technical indicators show a still cautious market. Reference is especially made to the Fear & Greed index which remains in extreme fear territory. The Put/Call ratio leans on the bullish side.

The key threshold for traders? The 200-day moving average, which bitcoin must surpass to confirm a genuine reversal.

If the political announcements materialize, the climate could change very quickly. Meanwhile, investors will need to watch the dollar curve, long rates, and the Fed calendar closely.

In any case, bitcoin is more than ever establishing itself as the thermometer of monetary tensions and hopes. A dossier to follow very closely…

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Ariela R.

My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Trump's $2,000 stimulus pledge revives Bitcoin's 2020-style rally prospects, as BTC breaks $106K resistance and eyes $111K amid bullish momentum.

AsiaStrategy said Sora Ventures CEO Jason Fang is now its largest shareholder following a change to the ownership of its major shareholder, Pride River Limited.

According to a company statement dated Nov. 10, Pride River’s cap table will shift under an agreement signed Nov. 7. It will move from 70% held by Mr. Ngai Kwan and 30% by Sora Vision Limited to 49% held by Mr. Ngai, 30% by Sora Vision Limited, and 21% by Sora Ventures II Master Fund.

As Sora Vision Limited and Sora Ventures II Master Fund are aligned with Fang, he holds the largest effective interest in AsiaStrategy.

The company stated that the update does not alter management, operations, or strategy. AsiaStrategy added that it has purchased Bitcoin gift cards to reward VIP watch customers as it explores links between its luxury watch business and its Bitcoin initiatives.

Pride River Limited ownershipBeforeAfter (pending consummation)Mr. Ngai Kwan70%49%Sora Vision Limited30%30%Sora Ventures II Master Fund—21%AsiaStrategy, which trades on Nasdaq under the ticker SORA, pivoted in 2025 from its legacy watch distribution business to a listed Bitcoin treasury and institutional strategy vehicle in Asia.

The transition followed a merger path involving Top Win, the former listed entity, and Sora Ventures, with the ticker change to SORA and Fang’s appointment as board chairman forming part of the shift to Bitcoin-focused corporate strategy.

Those steps were detailed when Top Win announced plans to rebrand to AsiaStrategy and when the company confirmed the ticker change and leadership updates through the spring of 2025.

The firm later framed a cross-border execution stack connecting U.S. and Asian market rails, naming Anchorage Digital as custodian and settlement partner. It disclosed an initial 30 BTC on the balance sheet with plans to scale the treasury over time.

AsiaStrategy also described an ambition to build a large regional Bitcoin position as part of an Asia-facing version of the corporate treasury thesis popularized by U.S. peers.

On the operational side, the company linked consumer activity to its treasury model by enabling Bitcoin payments for luxury watch sales, thereby aligning retail flows with long-term accumulation goals.

That capability followed a $10 million convertible investment from Taiwan-based WiseLink in August 2025, which provided additional capital flexibility during the pivot. The company has since continued to reference cross-border institutional strategy as its core mandate, while maintaining the legacy watch business as a channel through which customer rewards and payments can integrate with Bitcoin initiatives.

AsiaStrategy has also been cited in regional corporate efforts to expand Bitcoin treasury adoption. In May 2025, the company outlined strategic investments in Asian Bitcoin sector names, including exposure to Metaplanet and Moon Inc, and positioned itself as an Asia-focused public vehicle for treasury and corporate participation in the asset class.

The firm’s network has intersected with consortium activity pursuing market entries in Southeast Asia, including moves tied to Thailand that involved related parties across Sora Ventures and Metaplanet entities.

The shareholding update focuses on maintaining effective control around Fang-aligned entities without altering the stated plan. For a listed vehicle that utilizes a qualified U.S. custodian for settlement and storage, governance alignment can impact capital deployment pace, risk settings, and deal flow in markets where regulatory and banking access vary by venue.

AsiaStrategy has repeatedly emphasized the value of combining U.S. infrastructure and Asian distribution, and the firm’s watch business offers a consumer-facing on-ramp that can integrate with corporate treasury operations through controlled procurement and reward structures. The announcement that Bitcoin gift cards will be used for VIP customers is an example of that bridge between retail and treasury.

Market participants tracking public company Bitcoin treasuries will watch for subsequent filings that reflect any changes once the Pride River transaction closes. AsiaStrategy previously disclosed a starting point of 30 BTC and a plan to scale, with Anchorage Digital serving as the settlement and custody provider.

Additional capital instruments, including convertibles and cross-border syndicates, have been part of the playbook described this year, alongside direct investments in regional Bitcoin-linked companies. Execution against that playbook, if accompanied by concentrated governance, could affect the speed at which the firm adds Bitcoin or deploys into equity positions tied to the asset.

AsiaStrategy stated that the shareholding changes are pending the consummation of the agreement signed on November 7. The company reiterated that its management team and strategic direction remain unchanged, and that it has begun rewarding VIP watch customers with Bitcoin gift cards.

Disclaimer: Sora Ventures is an investor in CryptoSlate.

Mentioned in this article

Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies.

Ripple Labs has secured a $500 million strategic investment, which has lifted its valuation to approximately $40 billion. The round was led by Fortress Investment Group, valuing the company at $40 billion.

This major funding signals renewed institutional confidence in Ripple’s long-term strategy and its ambitions to dominate the digital finance sector.

The company’s growing influence could have important implications for both XRP, its native cryptocurrency, and RLUSD, its recently launched stablecoin.

Ripple’s $40 Billion Milestone Signals a New Era for Blockchain Finance
In perspective, Ripple’s rise to a $40 billion valuation reflects the same momentum that fueled the last major crypto bull run. 

Yet this milestone sets it apart, placing Ripple side by side with industry giants such as Coinbase and Binance.

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Market analysts have noted that the company’s growing value signals its shift from a blockchain innovator to a serious contender in the global financial infrastructure.

What strengthens Ripple’s position even further is the calibre of its investors. Citadel Securities, a major market maker handling billions in trades every day, joined the latest funding round.

Alongside it, Fortress Investment Group, which oversees $43 billion in assets, also took part. Their involvement, observers noted, gives Ripple a new level of credibility within traditional finance.

Meanwhile, Brevan Howard’s participation shows how hedge funds are quietly increasing their exposure to digital assets, with its crypto division managing about $1 billion in investments.

Collectively, these affiliations from Wall Street’s elite are helping reduce the perception of risk that often surrounds the cryptocurrency sector.

Ripple’s technology continues to prove its worth. The company’s On-Demand Liquidity (ODL) platform, powered by XRP, has processed more than $30 billion in transactions since 2020.

This demonstrates a real-world use case for blockchain—faster, cheaper cross-border payments without the inefficiencies of traditional systems.

Experts pointed out that such consistent adoption highlights the practical side of Ripple’s innovation, separating it from speculative crypto ventures.

How XRP Could Benefit
XRP, Ripple’s original digital asset, may also see indirect gains. Historically used for cross-border payments and liquidity bridging, XRP could play a larger role in Ripple’s expanding ecosystem.

As Ripple enhances its institutional offerings—such as prime brokerage and liquidity management—XRP could be used more widely as a bridge asset for fast, low-cost settlement across different markets.

Market sentiment typically responds positively to major funding announcements. Investors often view such moves as validation of a company’s roadmap and token utility. 

As Ripple strengthens its ecosystem with RLUSD and banking partnerships, XRP may gain renewed relevance as the settlement token connecting multiple digital assets and currencies.

The FET price USD has shown a strong November recovery, breaking from a local swing-pattern failure zone and reclaiming the 34-EMA for the first time since September. As FET price today consolidates under major resistance, traders now focus on whether the asset can clear key Fibonacci zones to shift toward a meaningful bullish structure.

Strong Early-November Rebound but Heavy Resistance AheadAccording to the recent post from “amebocrypto” on CoinMarketCap, the recent breakout from the local swing-pattern failure zone propelled the FET price chart into the bearish retest region near the 38.2% Fibonacci level, around $0.395. This explosive move upward met fast rejection, suggesting heavy supply pressure and an overextension into a resistance pocket.

Despite the resistance, FET/USD has still managed to reclaim the 34-EMA on the daily timeframe, a level it had not held since September. This reclaim marks a structural improvement but still requires confirmation through a sustained close above the $0.395–$0.41 resistance cluster.

If buyers fail to reclaim this zone, FET crypto may revisit structural supports near $0.293 and potentially $0.26, levels that previously held the broader trend together.

Bullish Reclaim Above $0.41 Could Trigger a Strong Trend ShiftAmebocrypto further explains that in FET/USD a clean breakout and a decent close above $0.41 would most probably invalidate the bearish retest and could even open the path toward Upside Target 1 that’s near $0.568. This level is considered the next major barrier that price needs to clear before larger bullish structures can form.

A reclaim of $0.568 would shift market sentiment dramatically, aligning with the adjusted weekly falling-wedge pattern that has been forming since the 2024 decline. Based on current momentum, a wedge breakout could push the FET price forecast 2025 toward $1.0–$1.10 before year-end, assuming market conditions remain favorable.

Such a move reflects the technical potential visible on higher timeframes, where compression phases often lead to explosive expansions once resistance is flipped.

Weekly Falling-Wedge Setup Points to a Larger 2026 RallyThe broader outlook shows that the adjusted weekly falling-wedge pattern remains intact, suggesting that FET is nearing the upper border edge of a long consolidation structure. If the coin builds momentum and extends beyond $1.10, the first half of 2026 may shape into a significant rally.

If the wedge breakout sustains, FET price prediction outlook suggest that the market may attempt to revisit the $3.48 all-time high in the first half of 2026. This scenario depends heavily on a confirmed breakout above $0.568, followed by a 2025 close above $1.00, based on weekly FET price chart’s observation.

As November progresses, the FET price USD outlook sits at a critical pivot point between a continuation of consolidation and a potential multi-month trend reversal.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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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 jump in the price of XRP by over 12% in the last 24 hours came as news of a planned U.S government reopening hit the cryptocurrency market. The development has made a market-observing entity, Sistine Research, tip XRP as the crypto asset with the best price outlook.

Key catalysts for potential XRP growthIn a post on X, Sistine Research noted that among the top crypto coins, XRP has the best performing indices amid its positive reaction to recent developments. The research group believes that XRP could lead the crypto resurgence rally given its outlook.

As of press time, XRP is changing hands at $2.56, which represents a 13.02% increase in the last 24 hours. The coin climbed from a low of $2.27 as positive sentiment returned to the XRP market and broader crypto space.

The asset’s trading volume has also recorded a significant uptick by 97.77% to $5.21 billion. This suggests renewed interest among investors anticipating a shift in the market.

Notably, market participants are looking at new capital inflow when the government shutdown ends. They are now positioning themselves for a possible price increase in the asset’s value.

According to Sistine Research, XRP is well-positioned to benefit from the crypto market recovery, given several factors stacked in its favor. It listed possible banking charter approval for Ripple Labs, the Clarity Act and approval of its exchange-traded fund (ETF).

So XRP is the best looking major here and fastest horse off the government opening news.

No surprise there… expecting banking charter approval, clarity act, and etfs soon, all of which benefit XRP more than other majors.

— Sistine Research (@sistineresearch) November 10, 2025 The Clarity Act is seen as a silver bullet legislation for digital assets, and Sistine Research opined that it would benefit XRP the most. This could catalyze the price of the coin and push it to a higher level from its current range.

Meanwhile, with Ripple’s application for a national banking license still pending, an approval could trigger an upsurge. The argument is that XRP’s use case is very closely tied to cross-border payments and stands to benefit the most compared to other cryptocurrencies.

XRP’s rising exchange demand, ETF optimism bolster momentumInterestingly, within the last seven days, there has been increased demand for XRP on Binance. 

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The world’s largest crypto exchange saw a shift in investor patterns as traders moved funds to XRP, while shunning majors like Bitcoin and Ethereum. XRP’s open interest revealed a spike when compared to those of Bitcoin and Ethereum.

Meanwhile, industry stakeholders are anticipating a regulatory nod for the XRP ETF. Bloomberg analyst Eric Balchunas says a 20-day countdown is in effect, following the application filed by 21Shares.

The broader crypto space is keenly watching to see how XRP’s price responds to the expected bullish boosters.

The $5M FUNToken giveaway, live on 5m.fun, is a real-time study in how incentive design can influence market psychology. By rewarding holders who lock their tokens instead of trading them, the campaign is reshaping how participants think about value, time, and opportunity in the $FUN ecosystem.

The result is more than a tightening of circulating supply. It’s a behavioral shift. One where community members transition from passive holders to active, long-term participants in a shared economic experiment.

Turning traders into long-term participants
The structure of the $5M giveaway fundamentally changes how $FUN holders approach ownership. Instead of viewing the token as a short-term speculative asset, users are encouraged to stake and commit. Tokens locked into the verified Ethereum contract are temporarily removed from trading circulation, meaning that every staking action contributes to scarcity, while giving participants a tangible sense of ownership over future milestones.

At its core, this mechanism aligns economic behavior with psychological incentives. When holders see their staked $FUN working for them – accruing interest or qualifying for milestone-based unlocks – it reinforces patience over impulsivity. The act of staking becomes both a financial and emotional investment.

For many participants, the dashboard on 5m.fun isn’t just a data display; it’s a progress tracker that transforms passive observation into active anticipation. Watching price targets approach, seeing the global pool grow, and monitoring reward unlocks creates a sense of collective participation that trading alone doesn’t replicate.

The psychology of scarcity and commitment
Every staking event introduces a predictable economic effect: as more users stake, fewer tokens remain available in active circulation. But the psychological effect is even more powerful.

When holders know their tokens are locked and unavailable for quick sale, they tend to view those assets differently. They perceive it as long-term stakes in a shared venture rather than disposable inventory. This behavioral commitment reduces reactionary selling and strengthens price floors through collective restraint.

It’s the same principle that drives scarcity psychology in other asset classes: what’s locked feels valuable, and what’s scarce feels worth holding. The $FUN giveaway channels that sentiment into measurable market behavior.

Moreover, the contract’s structure magnifies this sense of alignment. As milestones approach, holders feel an increasing incentive to stay committed, not exit early. The anticipation of future unlocks replaces short-term trading motivation with the desire to “be there when it happens.”

Supply shock as a behavioral reinforcement
With more than 8.7 million $FUN already staked globally, the event has begun to produce a clear supply shock. A contraction in available tokens that reinforces confidence in the project’s structure. But the effect isn’t just numerical; it’s psychological.

The knowledge that a significant portion of the supply is locked builds a collective expectation of scarcity. In token markets, perception often precedes movement: when participants believe scarcity is rising, holding behavior strengthens further, creating a self-reinforcing cycle.

This is how giveaways like this move beyond mechanics and shape expectations. Every new stake becomes a visible statement of faith in the system, a signal that reinforces the belief that $FUN’s scarcity is real and valuable.

Trust through transparency
The credibility of this behavioral shift depends on transparency, and that’s where the audited Ethereum smart contract makes the biggest impact. Participants can see:

The total amount of $FUN staked (updated live).
The global progress toward price milestones (from $0.01 to $0.10 USDT).
The leaderboard displays top stakers and estimated rewards.

This real-time visibility fosters a sense of shared trust. Everyone sees the same numbers. Everyone knows the same rules. There’s no hidden mechanism or centralized control. In psychological terms, this transparency reduces uncertainty – and with it, anxiety – allowing holders to remain calm and committed even through market fluctuations.

That clarity turns participation into confidence, and confidence into staying power, which are two of the strongest psychological foundations in any asset market.

A market in transition
According to CoinMarketCap, FUNToken ($FUN) is currently trading around $0.002667 USD, with a market capitalization of $28.86 million and a 24-hour trading volume of approximately $14.86 million.

Recent market movements show consolidation near the $0.0026–$0.0027 range. While this phase may appear quiet, within the staking ecosystem, it reflects stability. The kind of patience-driven holding behavior the campaign was designed to encourage.

Every staker who joins reinforces the same dynamic: less supply in motion, more conviction in position.

Beyond economics: The social ripple effect
What’s happening with FUNToken right now is as much a community phenomenon as it is a financial one. Across the FUNToken Telegram group, discussions around milestones, leaderboard rankings, and staking outcomes have become a central point of engagement.

This constant interaction strengthens collective identity. When participants see others staking, earning, and holding, it normalizes commitment as the default behavior. The more visible this becomes, the stronger the psychological pressure toward participation, a pattern that has historically driven many successful community-led crypto movements.

Conclusion
The $5M FUNToken giveaway has achieved something rare: it has turned token economics into a behavioral engine. Through staking, transparent smart contracts, and milestone-based rewards, it’s not only tightening supply but reshaping how holders think and act.

By aligning incentives with patience and visibility, the campaign fosters a culture of confidence and restraint. All of which are qualities that often determine long-term success in volatile markets.

In the end, the most significant outcome of this supply shock might not just be reduced circulation, but the transformation of $FUN holders into a community that sees value not in selling, but in staying.

Disclaimer: The price mentioned was accurate at the time of writing (November 3, 2025) and may have changed since. 

Disclaimer. Readers are encouraged to do their own research. Ambcrypto is not liable for any outcomes related to the use of information, products, or services mentioned. This content may include affiliate or partner links.

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Key takeaways:

XRP surged 12% to $2.53 on Trump’s stimulus news.

Increased profit-taking by long-term holders could slow the recovery.

XRP price resistance at $2.60-$2.80 will be a formidable obstacle.

XRP (XRP) price surged 12% on Monday following US President Donald Trump’s announcement of a $2,000 stimulus check for most Americans. Now trading near $2.53, the continuation of the rally to $3 could be curtailed by increased profit-realization and stiff overhead resistance.

XRP profit realization jumps 240% XRP’s potential to stage a sustained rally this week is in question as long-term holders (LTHs) — those who have held XRP for more than 155 days  — ramp up profit-taking.

Glassnode noted that previous profit realization waves actually aligned with price rallies as LTHs secured significant gains. 

“Unlike previous profit realization waves that aligned with rallies, profit realization volume (7D-SMA) surged by 240%,  from $65 million per day to $220 million per day since late September,” Glassnode wrote.

This profit realization coincided with a 25% decline in the XRP price, from $3.09 to $2.30. 

“This divergence underscores distribution into weakness, not strength.”XRP: Realized profit by profit margin. Source: GlassnodeThis aligns with persistence selling by whales, who intensified their selling activity as the XRP price fell below $3. 

Santiment's Supply Distribution metric indicates that whales holding between 1 million and 10 million XRP tokens have offloaded an additional 500,000 tokens in the last 48 hours alone.

These entities now hold about 6.23 billion XRP, down from about 7 billion at the beginning of September.

XRP: Whale addresses holding between 1M and 10M coins. Source: SantimentHowever, outflows from whale wallets have eased after $650 million in selling, hinting at a potential bottom formation for XRP.

This may boost XRP’s price in the coming weeks, particularly when combined with a rising risk-on sentiment, sparked by the likely reopening of the US government this week. 

XRP price faces stiff resistance at $2.80The XRP/USD pair has been in a downtrend, oscillating with a descending parallel channel, as shown in the chart below. 

The price is retesting the resistance at $2.60, an area where the 50-day simple moving average (SMA) and the 100-day SMA converge.

Breaking above this barrier would increase the chances of a rally toward the upper boundary of the descending channel at $2.80 (the 100-day SMA). 

Bulls would have to overcome this resistance for a shot at $3 and later to a seven-year high at $3.66.

XRP/USD daily chart. Source: Cointelegraph/TradingViewThe Glassnode distribution heatmap indicates that a significant cluster of supply is centered around $2.80 (the 100-day SMA), where nearly 1.86 billion XRP were acquired, which could hinder any recovery efforts.

XRP cost basis distribution heatmap. Source: GlassnodeXRP’s “next stop is breaking $2.70 resistance,” said technical analyst ChartNerd in a post on X, adding:

“Once this resistance is cleared, the pathway to ATH begins.”As Cointelegraph reported, XRP’s climb above the 50-day SMA ($2.63) and later to the downtrend line at $2.80 will signal demand at lower levels, and facilitate a recovery to the psychological $3 mark.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Trump Media & Technology Group (TMTG) posted a net loss of about $54.8 million for the quarter, and that shortfall was driven in part by write-downs tied to its digital-asset holdings. According to company disclosures, the firm holds a sizable bitcoin stash that has swung in value and helped turn trading swings into headline losses.

Bitcoin Strategy And The Loss
Reports have disclosed that TMTG’s bitcoin holdings were listed at more than 11,500 BTC in one filing, putting the holding value above $1.3 billion depending on the market price at reporting.

Earlier statements by the company put combined bitcoin and related securities near $2 billion. The result: big paper gains when prices rose, and big mark-to-market losses when they fell.

The company also reported about $15.3 million in income from bitcoin-related option premiums during the quarter, but that was not enough to offset the revaluations that showed up in its books.

TRUMP MEDIA AND TECHNOLOGY GROUP HOLDS OVER $1 BILLION OF BITCOIN

Trump Media and Technology Group ($DJT) has disclosed holdings of over $1.3 Billion of BTC as of September 30th 2025.$DJT holds $BTC. pic.twitter.com/WzAIOnN29y

— Arkham (@arkham) November 8, 2025

The company framed the purchases as a move to diversify its treasury. Based on reports, the bitcoin position has become a dominant feature of the company’s balance sheet. That matters because this is not a giant, well-capitalized media group with steady cash flows.

Revenue for the period remained small compared with the bitcoin bet, which magnifies how much the crypto holdings move the company’s financial picture.

Holdings And Valuation
Investors and analysts have zeroed in on timing and entry prices. According to filings and market coverage, TMTG made large purchases over months, but exact buy dates and price points were not fully broken out, leaving room for debate about how much of the loss is unrealized and how much was realized. Some coverage linked part of the loss to changes in the market price of bitcoin between purchase and reporting dates.

TRUMPUSD trading at $8.37 on the 24-hour chart: TradingView
Using bitcoin as collateral or for financing also adds layers of risk. Reports indicate the firm has used portions of its holdings in financing arrangements, which could force sales or additional write-downs if market conditions worsen. That kind of leverage was highlighted by market watchers as a key risk for a company whose core business is still quite small.

Optimistic Stance
Despite the challenges, Devin Nunes, the CEO and president of Trump Media, said the third quarter was an important period for the company’s growth. He added that they’ve strengthened their financial position with a large Bitcoin reserve and continued to build on their existing platforms.

Featured image from David Hume Kennerly/Getty Images, chart from TradingView

Cover image via U.Today

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.

Buyers are controlling the situation on the market on the first day of the week, according to CoinStats.

XRP chart by CoinStatsXRP/USDXRP is one of the biggest gainers today, rocketing by 11.32%.

Image by TradingViewOn the hourly chart, the rate of XRP is near the local resistance of $2.5518. As most of the daily ATR has been passed, there are low chances of seeing sharp moves by tomorrow. 

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However, if bulls hold the initiative and keep the price near $2.5518, growth is likely to continue tomorrow.

Image by TradingViewOn the longer time frame, the price of XRP keeps rising after yesterday's bullish closure. At the moment, traders should pay attention to the nearest level of $2.5546. If the bar closes far from that mark, one can expect a correction to the $2.50 range.

Image by TradingViewFrom the midterm point of view, the situation is less bullish. Traders should focus on the nearest resistance of $2.6624. Until its breakout occurs, there is still a chance of seeing a correction.

XRP is trading at $2.5375 at press time.

Rumble has signed a merger agreement with Northern Data, following the divestment of its Bitcoin mining subsidiary, Peak Mining.

Strategy's holdings account for more than 3% of the total 21 million bitcoin supply — worth around $68 billion.

Bitcoin (BTC) climbed in early trading hours after the resolution of the U.S. government shutdown restored investor confidence across global markets. According to Reuters, the end of the 40-day standoff has calmed risk sentiment, with Bitcoin trading near $110,000 and eyeing a potential breakout toward $112,000.