Market Signal Briefing

RADNOR, Pa., Nov. 01, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against DexCom, Inc. (“DexCom”) (NASDAQ: DXCM) on behalf of those who purchased or otherwise acquired DexCom securities between July 26, 2024, and September 17, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is December 26, 2025.

CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you suffered DexCom losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/new-cases/dexcom-inc-1?utm_source=Globe&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].

DEFENDANTS’ ALLEGED MISCONDUCT:
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) DexCom had made material design changes to its G6 and G7 continuous glucose monitoring systems that were unauthorized by the FDA; (2) the foregoing design changes rendered the G6 and G7 less reliable than their prior iterations, presenting a material health risk to users relying on those devices for accurate glucose readings; (3) DexCom’s purported enhancements to the G7, as well as the device’s reliability, accuracy, and functionality, were overstated; (4) DexCom downplayed the true scope and severity of the issues and health risks posed by adulterated G7 devices; (5) all the foregoing subjected DexCom to an increased risk of heightened regulatory scrutiny and enforcement action, as well as significant legal, reputational, and financial harm; and (6) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

THE LEAD PLAINTIFF PROCESS:
DexCom investors may, no later than December 26, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages DexCom investors who have suffered significant losses to contact the firm directly to acquire more information.

CLICK HERE TO SIGN UP FOR THE CASE OR GO TO:
https://www.ktmc.com/new-cases/new-cases/dexcom-inc-1?utm_source=Globe&mktm=PR
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:     

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

, /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Firefly Aerospace Inc. (NASDAQ: FLY) ("Firefly Aerospace").

On September 22, 2025, Firefly Aerospace reported its financial results for the second quarter of fiscal year 2025 – Firefly Aerospace's initial quarterly results as a public company since its initial public offering the prior month.  Specifically, Firefly Aerospace reported revenue of $15.5 million, a year-over-year decline of more than 27%, while reporting total operating expenses of $58.3 million, a year-over-year increase of more than 12%. 

On this news, the price of Firefly Aerospace's stock declined by $7.58 per share, or approximately 15.31%, from a close of $49.52 per share on September 22, 2025, to close at $41.94 on September 23, 2025.

If you are a Firefly Aerospace investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP:  Jonathan Naji, Esq. (484) 270-1453 or E-mail at [email protected]. You can also click on the following link or paste it in your browser:   https://www.ktmc.com/firefly-aerospace-inc-investigation?utm_source=PR_Newswire&mktm=PR

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.  The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).  For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.  

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

SOURCE Kessler Topaz Meltzer & Check, LLP

, /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of CarMax, Inc. (NYSE: KMX) ("CarMax").

On September 25, 2025, CarMax released its second quarter fiscal year 2026 financial results, disclosing significant revenue and profit declines year over year, including a revenue decline of 6.0%, total retail used vehicle revenues decline of 7.2%, and a total gross profit decline of 5.6%. On this news, CarMax's stock price fell $11.45 per share, or approximately 20%, from a close of $57.05 per share on September 24, 2025, to close at $45.60 per share on September 25, 2025.

If you are a CarMax investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP:  Jonathan Naji, Esq. (484) 270-1453 or E-mail at [email protected]. You can also click on the following link or paste it in your browser:   https://www.ktmc.com/carmax-inc-investigation?utm_source=PR_Newswire&mktm=PR   

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.  The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).  For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.  

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

SOURCE Kessler Topaz Meltzer & Check, LLP

RADNOR, Pa., Nov. 01, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against James Hardie Industries plc (“James Hardie”) (NYSE: JHX) on behalf of those who purchased or otherwise acquired James Hardie common stock between May 20, 2025, and August 18, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is December 23, 2025.

CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you suffered James Hardie losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/james-hardie-industries-plc?utm_source=Globe&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].

DEFENDANTS’ ALLEGED MISCONDUCT:
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) despite knowing by April and early May 2025 that its North America Fiber Cement distributors were destocking inventory, James Hardie falsely claimed demand remained strong and that stock levels were “normal”; (2) as a result, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

THE LEAD PLAINTIFF PROCESS:
James Hardie investors may, no later than December 23, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages James Hardie investors who have suffered significant losses to contact the firm directly to acquire more information.

CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/james-hardie-industries-plc?utm_source=Globe&mktm=PR

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:     

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

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.

DENVER--(BUSINESS WIRE)--To kickoff the holiday season, today Ibotta (NYSE: IBTA), which operates the largest digital promotions network in North America, launched its annual Thanksgiving program providing Savers cash back on the holiday's grocery essentials. According to Ibotta's 2025 Holiday Outlook, 61 percent of shoppers reported concerns about inflation and its impact on their holiday budget. ‘Thanksgiving on Us' marks the sixth year of Ibotta's campaign, helping to put food on the table w.

Nov 01, 2025 at 13:31 // Price

Bitcoin Cash (BCH) price has risen above the moving average lines but is stalling at the 50-day SMA.

Bitcoin Cash price long-term analysis: bullish

On October 26, buyers pushed the price above the moving average lines, but the positive momentum could not break through the 50-day SMA barrier or the $553 high. Bulls and bears are currently contending at the 50-day SMA level. BCH is trading above the 21-day SMA support but below the 50-day SMA resistance. If buyers break the 50-day SMA, BCH could rise to $615 and $650. Conversely, if the altcoin loses its 21-day SMA, it may fall to $461. BCH is currently at $514.

Technical Indicators

Key Resistance Zones: $600, $650, $700

Key Support Zones: $500, $450, $400

BCH price indicators analysis

The crypto price is trading between two downward-sloping moving average lines. The resistance line for the price bars is the 50-day simple moving average. Additionally, long candlestick wicks above the 50-day SMA support but below the $580 high indicate strong selling pressure at the recent high. On the 4-hour chart, the price bars are positioned between the upward-sloping moving average lines, indicating a bullish trend.

BCH/USD daily chart - October 31, 2025

What is the next direction for BCH/USD?

Bitcoin Cash surged to a high of $576 before retreating on October 26, as Coinidol.com reported. The cryptocurrency is currently trading above the $520 support but below the $580 high. The 4-hour chart shows BCH trading above the 50-day SMA support but below the 21-day SMA resistance. Meanwhile, the cryptocurrency signal is favourable, having broken above the 21-day SMA.

BCH/USD 4-hour chart - October 31, 2025

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds. 

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Quick Facts:

1️⃣ Bitcoin enters November on the back of a red October, following a sell-off triggered by the latest rate cut and Powell’s hawkish stance.

2️⃣ Historically, November has been Bitcoin’s strongest month, with average gains of over 46% since 2013.

3️⃣ For those eyeing the best cryptos to buy now, consider watching low-cap gems like $HYPER, $BEST, and $M.

Some 30 days ago, all crypto investors could talk about was the promise of a glorious ‘Uptober,’ given that Bitcoin had historically averaged over 20% gains during the month.

And while the start was indeed positive, thanks to the Federal Reserve’s first rate cut of the year in late September, the token slowly but surely faded, giving away all of its gains after hitting a new all-time high of $126K.

Ultimately, it closed the month in the red, down 3.35%, causing many to speculate whether this serious shift in historical trend – remember, $BTC had seen six consecutive positive Octobers before this one – could mark the beginning of a deeper downtrend.

Now, as we head into November on the back of yet another Federal Reserve rate cut – albeit one that triggered a sell-off due to Powell’s more hawkish-than-expected comments, hinting that a December rate cut is not very likely – the big question is: what could November bring for Bitcoin and crypto?

Well, if history is anything to go by, November has been Bitcoin’s strongest month, with average returns of over 46% since its inception in 2013.

Most recently, in 2024, Bitcoin gained 37%, largely because of Donald Trump’s victory in the U.S. presidential elections.

And if you’re someone who follows price action more than hype, the fact that Bitcoin is now finding strong support at the 200-day exponential moving average (EMA), as well as at a resistance-turned-support zone that previously triggered a 16% rally in September, should have you resting easy.

These indicators suggest that Bitcoin’s latest sideways movement is, in all likelihood, an attempt to gather momentum before triggering a new rally, potentially toward fresh ATHs.

Now, if you want to position yourself in the best possible manner before the larger bullish trend resumes, consider loading up on under-the-radar altcoins that could go berserk once altcoin season hits.

To help you out, here are our top three suggestions for the best crypto to buy now.

1. Bitcoin Hyper ($HYPER) – Layer-2 Bringing Solana’s Performance to Bitcoin
Bitcoin Hyper ($HYPER) is easily one of the best crypto presales of 2025, with both retail investors and whales pouring in a total of $25.5M so far in its ongoing presale, including a chunky $92K whale transaction just a few hours ago.

One look at Bitcoin Hyper’s bottom line is enough to explain its gobsmacking popularity.

It’s building a new Layer 2 solution for Bitcoin – one that aims to solve the network’s age-old issues of sluggish throughput, high costs, and lack of Web3 support.

$HYPER will achieve this through Solana Virtual Machine (SVM) integration, enabling the execution of thousands of transactions in parallel instead of Bitcoin’s current one-by-one processing system.

📚 Take a look at our step-by-step guide on how to buy Bitcoin Hyper.

On top of that, the SVM will also empower developers to build smart contracts and decentralized apps (dApps) on Bitcoin.

This will open up a never-before-seen world of high-speed DeFi, trading apps, lending platforms, staking, DAOs, gaming, and more.

Furthermore, a non-custodial canonical bridge will facilitate seamless interaction between Bitcoin’s Layer 1 and Hyper’s Layer 2 networks.

It’ll convert your original Bitcoin into wrapped Layer 2-compatible tokens, granting easy access to Hyper’s Web3 ecosystem.

According to our $HYPER price prediction, the token could go bonkers after listing, potentially reaching $0.20 by the end of 2026 – a massive 1,400% ROI from current levels.

2. Best Wallet Token ($BEST) – Firepower Behind a Secure & Easy-to-Use Crypto Wallet
Best Wallet Token ($BEST) is the native cryptocurrency of Best Wallet – a new free-to-use crypto wallet that’s making waves in the industry thanks to its never-before-seen usability features.

Chief among them is its ‘Upcoming Tokens’ section, which lets you spot the best new cryptocurrency projects before they hit the mainstream. Plus, it also reduces the process of buying those tokens to just a few simple steps.

Compare this to traditional crypto wallets, which require you to visit external presale websites, connect your wallet there, and then head back to authorize the transaction.

The problem with this approach is that it’s not only time-consuming, but it also leaves you wondering whether the presale website is legitimate or not.

With Best Wallet, however, their internal team verifies each token before listing it in the Upcoming Tokens section.

On top of that, Best Wallet is a non-custodial crypto wallet, meaning only you have access to your private keys.

There’s also excellent two-factor authentication, including biometric login, along with strong safeguards against hackers, scams, and phishing websites.

Currently in presale, Best Wallet Token ($BEST) has already attracted over $16.76M from early investors, with each token available for just $0.025875.

According to our $BEST price prediction, a $100 investment today could turn into $2,400 by the end of 2026. Buying $BEST also unlocks a handful of exclusive features, like:

Reduced transaction and gas fees
Governance rights
Early access to presale projects
Staking rewards currently yielding 78%

3. MemeCore ($M) – Meme Coin Giant Transforming the Industry
MemeCore ($M) has been one of the biggest success stories in meme coin history.

What started out as a groundbreaking mission to transform meme coins from purely speculative, illogical, and fun-loving assets into an ecosystem of growth, community engagement, and real value has now made it the fourth biggest meme coin in the world, with a mind-boggling $2.55B market cap.

At the heart of this exciting cryptocurrency project is a novel Proof of Meme consensus layer, purposefully built to reward every form of participation in a meme’s life cycle – whether it’s from creators, amplifiers, or contributors.

On the charts, $M looks better than ever.

After breaking out of a descending triangle pattern on October 22, it successfully completed a retest of the breakout resistance line and is now neatly climbing toward its target, which, in this case, happens to be its current all-time highs around $2.5.

That said, given that the last time the token broke out of a similar pattern it surged over 600%, MemeCore has the potential to go absolutely bonkers here and possibly reach the $15 mark in the coming weeks.

Fancy some memetic madness? Grab your $M tokens on CoinFutures today.

Disclaimer: The crypto market is highly volatile and unpredictable. Kindly do your own research before jumping in. This article is not financial advice.

Authored by Krishi Chowdhary, Bitcoinist – https://bitcoinist.com/best-crypto-to-buy-in-november-bitcoin-enters-historically-strongest-month

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Ripple price remained on edge and formed at least two risky patterns pointing to a crash despite renewed hopes that spot XRP ETFs will launch soon. 

Summary

Ripple price has formed a death cross pattern on the daily chart. 
It also formed a break-and-retest pattern by touching the lower side of the descending triangle.
These patterns point to a crash when the XRP ETF approval happens.

XRP ETFs are nearing their launch
Ripple (XRP) token was trading at an important support at $2.50, down by over 30% from its highest point this year. Its crash has coincided with the ongoing weakness in the crypto market.

The ongoing XRP price action is happening as the exchange-traded funds approval date nears. 

One sign that these funds will be approved soon is that Bitwise updated their filing on Friday to include the listing on the NYSE and its fees, which will be 0.34%. According to Bloomberg’s Eric Balchunas, this is usually the last stage before an ETF starts trading.

Bitwise just updated their XRP ETF filing to include exchange (NYSE) and fee of 0.34%, which are typically the last boxes to check. Amendment #4. pic.twitter.com/BUnkasSQY5

— Eric Balchunas (@EricBalchunas) October 31, 2025

Another sign that the SEC will give its go-ahead for spot XRP ETFs is that it has already allowed other spot altcoin funds. The recently launched Litecoin ETF has had over $700k in inflows, while the HBAR fund had $44.39 million. 

Solana ETFs are nearing $200 million in inflows, making them the most successful launches. They hold over $502 million in assets, equivalent to 0.49% of the market cap. 

XRP ETFs will likely have higher inflows than Solana. One sign for this is that the recently-launched REX-Osprey XRP ETF, which has an expense ratio of 0.75% has gained over $110 million in assets in its first month. Also, JPMorgan analysts estimate that XRP ETFs will have over $8 billion in inflows in the first year. 

In theory, the Ripple ETFs approval should boost the token’s price as it will bring new money to XRP. However, in the near term, the token may drop as investors sell the news, as we saw with Solana and Hedera.

Ripple price technical analysis 
XRP price chart | Source: crypto.news
The daily chart shows that the XRP price has dropped in the past few months. This crash started after it jumped to a record high of $3.66 in August and intensified in October.

The token formed a death cross pattern on Oct. 18 as the 200-day and 50-day Weighted Moving Averages crossed each other. It also moved below the key support at $2.70 on Oct. 11. This was a notable level as it was the lower side of the descending triangle pattern.

Most notably, the coin rebounded and retested this price last week, concluding a break-and-retest pattern. Therefore, a combination of a death cross, descending triangle, and a break-and-retest pattern points to more downside, potentially to $2.

Investors now see BTC as the benchmark trade, rotating their capital to alts for just a few weeks before returning to the leading coin.

Since the end of 2024, market experts have predicted the coming of a massive altcoin season. 2025 is almost at its end, but their predictions are yet to come true. In fact, it appears there won’t be any altseason at all as most altcoins have performed poorly in this bull cycle.

According to a tweet from crypto investor and trader Daan, only 29% of the top 50 altcoins have performed better than BTC this year. Traders are holding out hope, but since the bull cycle is in its later stages (according to the four-year cycle pattern), the chances of an altseason have decreased drastically.

Are Altcoins Doomed?
In past cycles, altcoins have performed better when BTC faltered in its dominance, as liquidity rotated from the asset to other projects. This led to the theory that Bitcoin’s dominance needs to weaken and the asset be in consolidation before altcoins can move. However, the opposite has mostly been the case in this cycle.

With the exception of a few tokens, the altcoin sector has largely followed bitcoin’s dynamic – rising and falling alongside the king cryptocurrency. In some cases, they have even performed worse than BTC during corrections, plummeting twice as hard as the asset.

Investors now see BTC as the benchmark trade, rotating their capital to alts for just a few weeks before returning to the leading coin. Over the last six months, the percentage of the top 50 altcoins that have outperformed BTC has been capped at 39%. Altcoins now experience short rallies that do not exceed two to three months. More recently, these price spikes have lasted for just two to three weeks at best.

A Different Bull Run
In contrast to this cycle’s data, altcoins had a massive rally during the last bull run. Daan noted that the COVID era in 2020-2021 was the last time the altcoin sector outperformed BTC for a sustainable period. Now, analysts have tagged most alts as “bounce-to-sell.” The tokens that have seen sustained rallies are mostly projects with good structure and community backing.

Interestingly, some analysts predicted this pattern early this year. One of them is Ki Young Ju, founder of the market research firm, CryptoQuant. Ju revealed during the market rally in December that the altseason for this cycle will not play out as expected. He insisted that most altcoins will no longer be driven by BTC, but will need to build independent ecosystems to grow.

You may also like:

History Says Caution: BTC Price Eyes Drop to $70K After a Red October

Bitcoin’s Risk-Off Signal Weakens: Is the Market Finally Learning to Handle Volatility?

Bitcoin Dumps to Weekly Lows as Liquidations Skyrocket to Over $1.1 Billion

Bitcoin (BTC) whales on Binance (BNB) are aggressively increasing the size of their orders, CryptoQuant analyst says.

Cover image via u.today

The average spot Bitcoin (BTC) order size on Binance, the largest crypto exchange by trading volume and user count, jumped to an incredible $1.96 million, CryptoQuant's community analyst noticed. The upsurge is caused by activity of whales estimating the current level as an attractive entry point.

Binance whales are in a rush, average spot Bitcoin (BTC) orders skyrocketThe average USD-denominated Bitcoin (BTC) spot order size on the world's top cryptocurrency exchange Binance (BNB) has been surging since mid-October. As of the latest data, it climbed to $1.96 million, CryptoQuant's community analyst Arab Chain shared in his CryptoQuant Quicktake post.

Binance Sees $1.96 Million Average Bitcoin Spot Orders as Whale Activity Increases

“The steady rise in both average order size and total traded value suggests that professional participants view current price levels as an attractive entry point, possibly anticipating renewed… pic.twitter.com/Z1bMOAI2LP

— CryptoQuant.com (@cryptoquant_com) October 31, 2025 The expert attributes this activity to whales, institutional participants and the largest private investors. Their trading patterns increasingly dominate Binance's spot market activity.

At the same time, the surging average spot order size is amplified by the inflow of liquidity to Binance (BNB) and the growing spot trading volume. The daily spot trading volume on Binance (BTC) exceeded $2.82 billion for Bitcoin's pairs.

This combination of factors demonstrates that whales remain the major driving force of current processes — and the ongoing Binance patterns should be treated as whale-driven accumulation and not retail-driven one.

It should be noted that the biggest upsurge of the average spot price position for Bitcoin (BTC) pairs on Binance (BNB) was registered amid the Oct. 10 price collapse. In just 24 hours, whales pushed the metric over $4.8 million, with an over 100% upsurge in just a day.

Whales are buying dip?Also, more and more whales are joining the ranks of long-term holders, while exchanges' reserves are drying up step by step.

Bitcoin (BTC), the largest cryptocurrency, just closed its worst October in years. Last month was controversial, with both bulls and bears having lost their money due to liquidations.

Bitcoin (BTC) surged to a new all-time high at $126 200 on Oct. 6, 2025. Then, after the coordinated Oct. 10 crash, Bitcoin (BTC) plunged to $106,000, the lowest since mid-June, in less than a week.

Right now, Bitcoin (BTC) is struggling to stay above $110 000, a psychologically crucial level. According to the cycle theory, Bitcoin (BTC) should have its peak this quarter as it is the Q4 of the first post-halving year.

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Bitcoin miners just got hit with a hefty 6.31% bump in difficulty this week, pushing the rating to a hefty 155.97 trillion. Even so, miners kept the hashrate roaring above the 1,100 exahash per second (EH/s) mark, with block times clocking in close to the classic 10-minute rhythm.

Jessie A Ellis
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Claude AI's report suggests XRP, SUI, AAVE, and an unlisted meme coin could be major crypto plays in 2026, predicting significant growth potential for these assets.

Anthropic’s Claude AI has released a comprehensive report identifying potential top-performing cryptocurrencies for 2026. The report highlights XRP, SUI, AAVE, and an unlisted meme coin as major contenders for substantial growth, according to CryptoNews.

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Sui Network ($SUI): A High-Throughput Blockchain Sui Network is gaining attention for its claim as a potential “Ethereum killer” due to its high transaction throughput of up to 297,000 TPS. Claude AI predicts that SUI’s price could rise to $25 next year, driven by its advanced smart contract capabilities and scalability. Despite current market conditions, SUI is expected to reach $5 by Christmas, with technical indicators pointing towards a breakout scenario.

Aave ($AAVE): A DeFi Leader’s Bright Future Aave, a key player in the DeFi space, is expected to see its value soar from $217 to $1,000 within a year. Known for its innovative features like flash loans and liquidity pools, Aave continues to attract institutional interest and is poised for significant growth, according to Claude AI. The current price action suggests a possible early 2026 target of $600.

Maxi Doge ($MAXI): A High-Potential Meme Coin Maxi Doge, still in its presale phase, is generating buzz with its potential for massive returns. Claude AI estimates a 4,900% increase from its presale price, projecting a value of $0.013275 in a year. Positioned as a more dynamic relative of Dogecoin, Maxi Doge capitalizes on the crypto community's culture, with an ERC-20 token framework that ensures fast and cost-effective transactions.

With these predictions, Claude AI offers a data-driven outlook on potential crypto investments, suggesting significant opportunities for those willing to invest early in these promising assets.

Image source: Shutterstock

cryptocurrency
ai predictions
xrp
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With the much-anticipated Bitcoin (BTC) rally for October failing to materialize, attention has shifted to how the asset will perform in November.

Indeed, Bitcoin experienced significant volatility throughout October, ultimately ending the month just slightly above the $110,000 support zone. 

Despite this mixed performance, artificial intelligence insights from ChatGPT suggest that the asset is likely to post moderate gains through November, potentially reclaiming the $120,000 resistance level.

Overall, at press time, Bitcoin was trading at $110,071, showing signs of stabilization after a 3.6% decline in October. The market has been consolidating above key support levels between $107,000 and $109,000, with traders defending the zone amid neutral-to-bullish momentum indicators.

Bitcoin seven-day price chart. Source: Finbold
Regarding the price outlook, ChatGPT analysis suggests that Bitcoin’s short-term direction will depend on whether it can break past the next resistance range between $115,500 and $118,000. 

A decisive move above that level could trigger strong buying momentum, potentially driving prices toward $124,800 to $132,400, in line with Fibonacci extension targets derived from prior market swings.

Despite a mild slowdown in ETF inflows, institutional investors are maintaining their positions, and on-chain data shows a steady rise in wallets holding over one Bitcoin, signals pointing to long-term accumulation rather than distribution. The Fear & Greed Index remains near 45, reflecting cautious optimism among market participants.

Bitcoin price levels to watch 
AI-based modeling assigns a 50% probability to a base-case scenario in which Bitcoin ends November between $118,000 and $122,000, supported by seasonal strength and steady inflows. 

A more bullish outcome, with prices reaching $126,000 to $132,000, carries a 45% probability, assuming a breakout above resistance and renewed appetite for risk assets. The bearish scenario, with prices retreating to the $102,000–$108,000 range, is considered unlikely at just 5%.

This projection aligns with Bitcoin’s historical November performance, which has typically delivered median gains of about 11%.

Featured image via Shutterstock

Bitcoin Breaks Its Seven-Year “Uptober” TraditionOctober 2025 turned out to be a negative month for both Bitcoin and Ethereum. According to CoinGlass, Bitcoin closed the month down 3.7%, while Ethereum fell 7%.

For the first time since 2018, Bitcoin’s famous “Uptober” trend came to an end, breaking a seven-year streak of positive October results. In Bitcoin’s history, there have now been only three “red” Octobers — 2014, 2018, and 2025.

Bitcoin profitability by month. Source: CoinGlass.Throughout October, Bitcoin faced several sharp downturns triggered by macroeconomic pressure. On October 10–11, the asset slumped after U.S. President Donald Trump threatened 100% tariffs on Chinese imports.

Following a short recovery, Bitcoin fell again after a hawkish speech by Federal Reserve Chairman Jerome Powell, who signaled that interest rate cuts might not come in December 2025.

By October 30–31, the market had stabilized, and Bitcoin traded sideways.

BTC/USDT price on Binance. Source: TradingView.Ethereum Struggles to RecoverFor Ethereum, October marked the second consecutive month of decline. Overall, Ethereum has ended October in the red four times, with its largest drop — 16.83% — recorded in 2016.

Ethereum returns by month. Source: CoinGlass.Ethereum’s performance mirrored Bitcoin’s, with the same macroeconomic pressures weighing on its price. The coin has yet to reclaim the $4,500 level it traded near before the October 10–11 sell-off.

ETH/USDT price on Binance. Source: TradingView.Macro Tensions Keep Crypto Under PressureThe October downturn for both Bitcoin and Ethereum reflects renewed uncertainty in global markets. Analysts point to a mix of trade tensions, strong U.S. dollar performance, and cautious investor sentiment as key factors.

Rising Treasury yields and expectations of a longer high-rate environment have also limited inflows into risk assets like cryptocurrencies.

Despite the short-term pullback, several traders suggest accumulation zones may emerge if Bitcoin stabilizes above $66,000, setting up potential recovery momentum heading into Q4 2025.

At the upcoming Ripple Swell event, David Schwartz, one of the original architects of XRP Ledger, will share insights on what comes next for XRP amid the DATs surge.

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.

Digital asset treasuries (DATs) have exploded this year, revealing a growing trend of public firms raising funds to buy and add digital assets to their treasuries.

XRP has not been left out of the party; In June, Singapore-based Trident Digital announced plans to raise $500 million to build an XRP treasury.

Earlier, Webus International had revealed plans to raise $300 million through non-equity funding to support its global chauffeur payment network with an XRP reserve. Saudi Arabia-based VivoPower International also revealed plans to build a $121 million XRP treasury, indicative of growing interest from companies in the XRP cryptocurrency.

Fast forward to October, Evernorth announced it had entered a business combination agreement with Armada Acquisition Corp II, a transaction expected to raise $1 billion in gross proceeds, creating the largest public XRP treasury company. On Oct. 30, Evernorth announced that the combined company created with the agreement has begun trading on Nasdaq under the ticker symbol XRPN.

What's next?In a recent tweet, Ripple revealed that CTO David Schwartz, who is also a strategic advisor to Evernorth, will be joining Evernorth CEO Asheesh Birla and Armada Acquisition Corp. II / Arrington Capital Fund CEO Michael Arrington to discuss what to expect from Evernorth, XRP and the rise of DATs at the Swell event scheduled for Nov. 4 to 5.

In September, David Schwartz revealed he would be stepping back from his day-to-day duties as Ripple CTO at the end of this year and joining Ripple's Board of Directors to continue supporting the company’s mission and long-term vision.

As one of the original architects of XRP Ledger, Schwartz will be shedding insights on what comes next amid his new take up of roles both at Ripple and Evernorth.

Last month, Ripple announced that it had acquired GTreasury, a Chicago-based fintech company that specializes in providing treasury management system software and solutions, for $1 billion. More insights will also be anticipated along this direction at the Ripple Swell event.

Related articles

Ethereum holds near $3,802 as traders await a breakout. Will ETH rally toward $4,255 or slip below $3,680 amid tightening volatility?

Pump.fun is expanding beyond its meme coin roots to enable utility token launches on Solana, aiming to attract real startups.The Solana-based platform aims to address liquidity and sustainability issues while rebuilding trust after past controversies.Despite these past challenges, the platform says it remains profitable, generating over $850 million in revenue since 2024.Pump.fun, a leading Solana-based launchpad best known for powering the memecoin frenzy, is broadening its scope to include utility token launches.

News of this move has helped the platform’s native PUMP token rise by over 7% in the last 24 hours to $0.0046 as of press time.

Sponsored

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Pump.fun Eyes Utility Tokens After $850 Million Revenue Run From MemesAccording to Pump.fun, thousands of startups experimented with tokenization on its platform during the initial phase. Several of those projects reached valuations in the hundreds of millions, and in some cases, billions of dollars.

Yet, the company acknowledged that the boom also revealed underlying structural issues. These included liquidity gaps and unsustainable token models that hindered long-term viability.

The firm now claims that its updated framework addresses these challenges, enabling new projects to launch functional utility tokens without the same pitfalls.

Utility token projects always presented massive upside; ultimately, onchain capital formation for technology products is what made crypto successful in the first place, and they will continue to be dominant for years to come,” the Solana-based project explained.

Pump.fun emphasized that its revamped infrastructure directly addresses persistent pain points for emerging crypto teams. These include challenges around discoverability, liquidity access, communication, and onboarding.

Sponsored

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By lowering these barriers, the company hopes to accelerate the transition of high-potential startups onto the blockchain. This, in turn, could drive wealth creation within its ecosystem.

“Pump.fun’s main goal is to create wealth effects within its own ecosystem by helping to tokenize the world’s highest-potential opportunities,” it stated.

Through this pivot, Pump.fun is signaling a bid to outgrow its memecoin roots and position itself as a credible player in the broader decentralized startup economy.

Meanwhile, the move arrives amid growing competition among launchpads, particularly from Binance Smart Chain–based rivals like FourMeme.

It also coincides with a sharp decline in meme coin trading volumes since early 2025, which has pressured platforms reliant solely on speculative token launches to diversify.

Moreover, the move also comes as Pump.fun navigates recent controversies, including instances of rug-pulls and abuse of its live-streaming features.

In response, it restructured operations, introducing stricter oversight and revising its community features to restore trust among developers and users.

Pump.Fun’s Cumulative Revenue. Source: DeFiLlamaRegardless of these issues, Pump.fun has remained profitable. The platform disclosed that it has generated more than $800 million in revenue since its January 2024 debut.

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 1, 2025

Key takeaways
Why did Bitcoin fail in October 2025
BTC dropped as retail interest fell, network activity cooled, and macro pressures weighed on the market.

Can November bring a rally?
Historically strong for BTC, November could see upside with macro catalysts.

‘Uptober’ didn’t show up this year.

Instead of the usual upside, Bitcoin [BTC] slipped, and retail interest faded with it. Network activity is slowing as fear takes grip.

Can the rally continue in November?

BTC struggled, all eyes on November
Bitcoin price dropped from around $118K to near $110K by October-end, with mid-month red candles and volume spikes indicating profit-taking.

RSI was below neutral, and BTC traded under key EMAs, at press time, confirming trend exhaustion.

Source: TradingView

Macro factors added pressure. Hopes for a December Fed cut have faded somewhat, taking some support out of the market.

At the same time, U.S. equities outperformed, China kept crypto restrictions in place, and worries over “DAT companies” in Washington added to the narrative.

Source: CoinGlass

Looking ahead, November has historically been one of Bitcoin’s strongest months. CoinGlass showed a median 8.81% return since 2013, with double-digit gains in 2020, 2021, and 2023.

Source: CME FedWatch

Several positive market catalysts are beginning to take shape.

First, trade tensions between President Donald Trump and Xi Jinping have eased, reducing geopolitical uncertainty.

Meanwhile, data from CME FedWatch indicates over a 60% chance of a Federal Reserve rate cut in December, which could boost investor sentiment.

In addition, quantitative tightening (QT) is scheduled to end on the 1st of December, potentially increasing liquidity in the market.

Finally, potential approvals for new ETFs are on the horizon, adding to the growing optimism across financial sectors.

The tides may turn.

Retail fear by the numbers
Open Interest jumped nearly 10% on a 7-day basis, climbing from $7.95 billion to $8.65 billion as BTC traded near $110K, but CVD dropped sharply at the same time.

Source: CryptoQuant

Usually, that combo means fresh shorts are being opened, not longs. Retail is betting on another pullback.

Source: CryptoQuant

Active addresses have also fallen from 1.18M in November 2024 to 872K as of the 30th of October – a decline of 26.1%.

Source: CryptoQuant

Transaction fees dropped sharply from $8.44 to $0.56 during the same period, indicating partially-filled blocks and reduced activity from retail users.

Source: CryptoQuant

This fading retail presence is what extends cycles, so rallies will take longer to mature.

XLM's price braces for impact as Chainlink unfolds their $100B TVL powerhouse tools on Stellar.

Lawrence Jengar
Nov 01, 2025 12:52

LINK price holds $17.37 amid quiet trading session, with technical indicators suggesting potential momentum shift as MACD histogram turns positive despite broader consolidation pattern.

Quick Take
• LINK trading at $17.37 (up 1.0% in 24h)
• No major catalysts driving price action in current session
• Testing critical $17.20 pivot point with mixed technical signals
• Following Bitcoin's modest gains amid broader crypto market stability

Market Events Driving Chainlink Price Movement
Trading on technical factors in absence of major catalysts has characterized LINK price action over the past 48 hours. No significant news events have emerged to drive directional momentum for Chainlink, leaving traders focused on technical levels and broader market sentiment.

The modest 0.99% gain reflects the current consolidation phase, with LINK price finding equilibrium near the $17.20-$17.40 range. Volume of $40.7 million on Binance spot market indicates steady but unremarkable institutional interest, typical of periods between major announcements or market-moving events.

Bitcoin's positive performance has provided some underlying support for altcoins including Chainlink, though LINK has shown relative independence from broader crypto moves in recent sessions.

Chainlink Technical Analysis: Consolidation Below Key Averages
Price Action Context
LINK price currently trades below most significant moving averages, with the token sitting $0.36 below the 7-day SMA at $17.73 and $0.44 below the 20-day average at $17.81. More concerning for bulls, Chainlink remains nearly $3 below the 50-day SMA at $20.35, indicating the medium-term trend remains challenged.

However, the proximity to the 200-day moving average at $17.91 suggests LINK price is testing a critical long-term support zone. The relatively tight trading range between $16.77 and $17.46 over 24 hours reflects indecision among market participants.

Volume analysis from Binance spot data shows steady institutional flow without significant accumulation or distribution patterns, typical of consolidation phases.

Key Technical Indicators
The RSI reading of 42.76 places Chainlink in neutral territory, avoiding oversold conditions while lacking the momentum for a sustained rally. This positioning often precedes directional breaks from consolidation patterns.

MACD analysis reveals an intriguing setup for Chainlink technical analysis. While the main MACD line remains negative at -0.7839, the histogram reading of 0.1054 shows early signs of bullish momentum building beneath the surface. This divergence pattern often signals potential trend changes in cryptocurrency markets.

Bollinger Bands positioning shows LINK price at 36.15% of the band width, indicating room for movement in either direction without reaching extreme conditions.

Critical Price Levels for Chainlink Traders
Immediate Levels (24-48 hours)
• Resistance: $18.52 (EMA 26 confluence zone)
• Support: $17.20 (established pivot point from recent trading)

Breakout/Breakdown Scenarios
A break below the $17.20 pivot could trigger selling toward the $15.69 immediate support level, with the lower Bollinger Band at $16.23 providing interim support. Such a move would likely coincide with broader crypto weakness or Bitcoin correlation breakdown.

Conversely, clearing the $18.52 resistance zone could target the 20-day SMA at $17.81, with sustained momentum potentially reaching the $20.19 immediate resistance level where significant selling pressure historically emerges.

LINK Correlation Analysis
Bitcoin correlation remains moderately positive, with LINK price following the broader crypto leader's modest gains. However, Chainlink has shown less volatility than Bitcoin in recent sessions, suggesting either reduced speculative interest or institutional accumulation patterns.

Traditional market influences appear muted for LINK price action currently, with cryptocurrency-specific factors dominating near-term direction. The absence of major traditional market stress has allowed crypto assets to trade on technical rather than macro fundamentals.

Sector peer performance shows Chainlink maintaining relative stability compared to other oracle tokens and DeFi infrastructure plays.

Trading Outlook: Chainlink Near-Term Prospects
Bullish Case
A sustained move above $18.50 resistance could trigger momentum buying toward the $20.19 level, particularly if accompanied by increased volume above the recent $40-50 million daily average. The positive MACD histogram supports this scenario if broader crypto sentiment remains constructive.

Bitcoin strength above key resistance levels would likely provide additional tailwinds for LINK price appreciation.

Bearish Case
Failure to hold the $17.20 pivot point risks accelerated selling toward $15.69 support, with the 52-week low at $10.93 representing extreme downside risk in adverse market conditions. RSI approaching oversold levels below 30 would signal capitulation phases.

Broader crypto market weakness or Bitcoin correlation breakdown represents the primary near-term risk factor.

Risk Management
Conservative traders should consider stop-losses below $16.80 to limit downside exposure, while position sizing should account for the current ATR of $1.41 suggesting continued volatility. Long positions benefit from staged entry near current levels with additional buying planned near $16.50 support if reached.

Image source: Shutterstock

link price analysis
link price prediction

Peter Zhang
Nov 01, 2025 13:04

Bitcoin Cash trades at $555.80 after testing key $570 resistance, with BlackRock's $28.1B Bitcoin ETF inflows highlighting institutional demand for digital assets amid Fed uncertainty.

Quick Take
• BCH trading at $555.80 (up 0.2% in 24h)
• BlackRock-led Bitcoin ETF inflows of $26.9B boosting crypto sentiment
• Bitcoin Cash testing critical $570-571 resistance zone
• Market consolidation ahead of Fed rate decision creating cautious trading

Market Events Driving Bitcoin Cash Price Movement
Bitcoin Cash is navigating a confluence of institutional momentum and macro uncertainty as the cryptocurrency tests key technical levels. The most significant catalyst supporting BCH price action comes from record-breaking Bitcoin ETF inflows, with BlackRock's IBIT fund alone accounting for $28.1 billion of the $26.9 billion in total 2025 inflows. This institutional appetite demonstrates growing mainstream acceptance of cryptocurrency exposure, creating positive spillover effects for major altcoins including Bitcoin Cash.

The Federal Reserve's upcoming rate decision is creating a cautious trading environment across crypto markets. Traders are positioning for potential 3-7% volatility swings as monetary policy uncertainty intersects with ongoing geopolitical tensions surrounding the anticipated Trump-Xi meeting. This macro backdrop is keeping BCH price movements measured despite the underlying institutional support.

Bitcoin Cash technical analysis reveals the cryptocurrency recently challenged a key bearish trendline at $564, with trading volume surging 45.8% above the 30-day average. However, the test of $570-571 resistance proved unsuccessful, suggesting significant overhead selling pressure remains at these levels.

BCH Technical Analysis: Consolidation Above Key Moving Averages
Price Action Context
Bitcoin Cash price action shows strength relative to its moving average structure, trading above both the 7-day SMA at $551.47 and the crucial 200-day SMA at $498.02. The positioning above the 200-day moving average confirms the longer-term bullish trend remains intact, while the proximity to the 50-day SMA at $551.77 suggests near-term consolidation.

The cryptocurrency is following Bitcoin's cautious advance, maintaining correlation with the broader crypto market rather than showing independent strength. Volume patterns from Binance spot data indicate institutional participation during the recent resistance test, though buying pressure wasn't sufficient to achieve a decisive breakout.

Key Technical Indicators
The BCH MACD histogram reading of 8.1951 signals bullish momentum building beneath current price action, while the main MACD line at 1.0393 remains above the signal line at -7.1558. This configuration suggests underlying buying interest despite the failed resistance test.

Bitcoin Cash's RSI at 56.56 sits comfortably in neutral territory, providing room for upward movement without entering overbought conditions. The Stochastic indicators show %K at 80.39 and %D at 71.88, indicating short-term momentum may be approaching overbought levels that could require consolidation.

Critical Price Levels for Bitcoin Cash Traders
Immediate Levels (24-48 hours)
• Resistance: $570-571 (recent rejection zone and bearish trendline)
• Support: $549.97 (pivot point and recent consolidation floor)

Breakout/Breakdown Scenarios
A break below the $549.97 pivot could trigger selling toward the $515.36 level, which aligns with the 20-day SMA and represents a critical support zone. Conversely, a decisive move above $571 would target the $580 resistance level and potentially challenge the strong resistance zone at $651.

BCH Correlation Analysis
Bitcoin Cash is maintaining high correlation with Bitcoin, following the leading cryptocurrency's cautious advance amid institutional inflow news. The correlation appears driven by macro factors rather than BCH-specific fundamentals, with both cryptocurrencies responding similarly to ETF inflow data and Fed uncertainty.

Traditional market correlations remain muted, though the anticipation of rate cuts is providing a generally supportive backdrop for risk assets including cryptocurrencies. Gold's recent movements haven't shown significant impact on Bitcoin Cash technical analysis, suggesting crypto-specific factors are dominating price action.

Trading Outlook: Bitcoin Cash Near-Term Prospects
Bullish Case
A sustained break above $571 resistance, supported by continued institutional crypto demand, could drive BCH price toward $580 and eventually the $624.40 yearly high. Fed rate cuts would likely accelerate this scenario by reducing opportunity costs for holding non-yielding crypto assets.

Bearish Case
Failure to hold the $549.97 pivot amid broader crypto weakness could expose the $515.36 support zone. A breakdown of this level would signal deeper correction potential toward the $443.20 strong support, particularly if institutional flows reverse or macro uncertainty intensifies.

Risk Management
Traders should consider stops below $549 for long positions, with position sizing reflecting the $32.89 daily ATR volatility. The current technical setup favors patience until a clear directional break occurs above $571 or below $549.

Image source: Shutterstock

bch price analysis
bch price prediction

Alvin Lang
Nov 01, 2025 13:04

A New York court has extended the freeze on $63 million in stolen USDC linked to the Multichain hack, marking a significant step in asset recovery efforts.

In a significant development, a New York bankruptcy court has ruled in favor of Multichain liquidators, extending a freeze on wallets containing approximately $63 million in stolen USD Coin (USDC). This decision is part of ongoing efforts to recover assets lost during the July 2023 hack of Multichain's cross-chain bridge protocol, according to Cryptonews.

Details of the Court Ruling
Judge David S. Jones of the U.S. Bankruptcy Court for the Southern District of New York issued the order, which mandates stablecoin issuer Circle to maintain a freeze on three Ethereum wallets implicated in the hack. This action ensures that the stolen funds remain inaccessible and prevents any unauthorized movement.

This court order is grounded in Section 1519 of the U.S. Bankruptcy Code, providing temporary relief pending formal recognition of the foreign case under Chapter 15. This framework facilitates cooperation between U.S. and foreign courts in insolvency proceedings.

Background of the Multichain Hack
The Multichain breach, one of the largest decentralized finance (DeFi) exploits of 2023, resulted in over $210 million being siphoned off from its bridge contracts. The hack affected assets on several networks, including Fantom, Moonriver, and Dogechain. Despite extensive investigations, the perpetrators remain unidentified.

Following the breach, Circle initially froze the wallets at the request of the U.S. Department of Justice (DOJ), which later lifted its warrant due to challenges in identifying the hackers. The new court ruling reinstates Circle's authority to keep these wallets locked.

Implications for Multichain and Asset Recovery
Singapore-based liquidators from KPMG Services Pte. Ltd., tasked with overseeing Multichain's dissolution, have argued that lifting the freeze could lead to irreparable harm by allowing stolen assets to be moved beyond recovery. The court's decision supports their efforts to maintain control over the funds until further legal proceedings determine the case's status as a "foreign main proceeding." This designation is crucial for pursuing asset recovery across jurisdictions.

The court's ruling also impacts a separate class action lawsuit filed by U.S. investors against Circle in New York State court. This case, seeking control over the stolen USDC, has been paused following the federal court's decision.

Multichain's Legal Challenges and Future
Once a leading cross-chain bridge protocol, Multichain's troubles began with the 2023 hack, compounded by the arrest of its CEO, Zhaojun, in China. Legal actions initiated by affected projects, such as Fantom Foundation, have resulted in a winding-up order against Multichain Foundation Ltd. by the Singapore High Court.

The ongoing asset recovery efforts are part of a broader dissolution process managed by KPMG's liquidators. The frozen $63 million in USDC is a portion of the total funds stolen, with liquidators continuing to work towards recouping these assets.

This recent court ruling is a pivotal step in the cross-border legal strategy to recover the stolen funds and underscores the complexities involved in navigating international insolvency laws.

Image source: Shutterstock

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James Ding
Nov 01, 2025 13:12

BNB Coin is gaining traction with significant DEX volume and user engagement. As market dynamics evolve, can BNB reach a new all-time high in November?

BNB Coin (BNB) is currently in the spotlight as it leads the decentralized exchange (DEX) market in volume and user activity, according to CryptoNews. With significant momentum building, questions arise whether BNB can achieve a new all-time high (ATH) in the coming month.

BNB's Market Performance
Data from Binance Labs reveals that BNB is experiencing one of its most robust phases since its inception. The BNB Chain ecosystem is at the forefront, being ranked first in DEX trading volume, active users, and stablecoin wallet addresses. BNB has reported an annualized price gain of approximately 113%, surpassing prominent cryptocurrencies like Ethereum (ETH), Bitcoin (BTC), and Solana (SOL).

BNB's expansion into the US market, with recent listings on platforms such as Robinhood and Coinbase, marks a significant shift. This expansion has increased its exposure and potential investor base, which has been limited in the past.

Driving Factors Behind BNB's Surge
The launch of Aster on the BNB Chain has been a catalyst for its recent breakout. Aster's ASTER token launch propelled the platform's volume beyond $2.8 trillion, further cementing BNB's dominance in the DEX market. Additionally, Binance's strategic positioning of BNB as a bridge between centralized finance (CeFi), decentralized finance (DeFi), and traditional finance (TradFi) continues to enhance its value proposition.

Moreover, Binance's control over a significant portion of the global centralized exchange (CEX) spot market, combined with BNB's burn mechanism, which systematically reduces supply, suggests that BNB might continue its upward trajectory.

Price Predictions and Market Sentiment
BNB is currently hovering above a critical support zone between $1,060 and $1,080, a level that has been a reliable demand area. While the Relative Strength Index (RSI) indicates neutral to slightly weak momentum, sustained buyer interest could push BNB towards the $1,250 to $1,360 range, potentially setting a new ATH. However, a drop below $1,060 could lead to a retest near the $1,000 mark before any significant recovery.

Emerging Trends: Maxi Doge
As BNB continues to demonstrate the potential of utility tokens, meme coins like Maxi Doge are capturing the attention of the crypto community. Built on the Ethereum network, Maxi Doge combines community engagement with tangible tokenomics, offering early staking rewards and robust liquidity. Its presale has already raised over $3.84 million, with staking rewards offering a substantial 79% APY, providing holders with passive income potential.

The rise of Maxi Doge, alongside BNB's performance, illustrates a dynamic market environment where both established and emerging tokens are vying for investor interest.

For more detailed insights, visit the original report on CryptoNews.

Image source: Shutterstock

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crypto market
price prediction

When an asset falls for a month, it can feel like a clearance sale, and sometimes it is. Given the recent context of the Oct. 10 crypto flash crash, the odds for that being true are higher than normal.

Yet while many of the crypto majors have clawed back ground since the crash, Cardano's (ADA +0.07%) price is still roughly 14% lower over the last 30 days. Does that make it even more worthwhile to buy the dip, or is there a red or yellow flag to be aware of somewhere?

Image source: Getty Images.

A dip is not a thesis
When you're trying to evaluate whether a coin is worth buying at a lower price point than usual, it's helpful to ask what it's winning at and what it's good at. With Cardano, it's hard to point to a category where it leads, and it's hard to develop an investment thesis for buying it.

Its decentralized finance (DeFi) total value locked (TVL) sits near $297 million, a fraction of its bigger competitors Solana (SOL 0.84%) and Ethereum (ETH +0.88%). Decentralized application (dApp) revenue data tell the same story, as in the 24-hour period ending at noon on Oct. 28, Ethereum collected $3.8 million in app revenue, whereas Solana collected $4.9 million, and Cardano collected just $3,127. So its DeFi ecosystem is tiny, and the projects within it simply aren't being used enough to generate revenue, meaning there's little reason for anyone to bring their capital to the chain.

Today's Change

(

0.07

%) $

0.00

Current Price

$

0.61

Stablecoins are another important area. Chains that dominate stablecoin supply tend to dominate liquidity and payments volumes, generating a lot of value along the way. Today, Cardano's stablecoin market cap is near $36.4 million, which is insignificant relative to the tens of billions of dollars in stablecoin value of many of the crypto majors, and suggests limited uptake so far. Without a large enough base of capital to prime the DeFi system's money pump, it's hard to see how it could attract more investors and app developers.

Active usage patterns are also essential to consider. As of Oct. 28, Cardano has roughly 26,600 active wallet addresses, while Ethereum's figure is close to 540,000, consistent with the broader gap in throughput and app footprint; Solana had 2.1 million active wallet addresses. Liquidity, breadth of applications, active users, and fee or revenue generation tend to reinforce each other over time. Right now, that flywheel spins much faster elsewhere compared to Cardano.

Investors need catalysts that translate design into durable demand and revenues. Today, the on-chain read-through with Cardano is not pointing to that.

Today's Change

(

-0.84

%) $

-1.58

Current Price

$

186.45

What would need to change
Buying dips is not a strategy by itself, with Cardano or any other asset. For Cardano to be compelling, it needs to win somewhere, as marked by attracting more capital, more users, more developers, and more revenue-generating projects. That could ultimately be DeFi, stablecoins, or tokenized real-world assets -- or perhaps some other segment which doesn't even exist yet. The problem is that it is not winning any single segment today, and it doesn't have a clear path to doing so.

Nonetheless, if Cardano does manage to start recovering, it'll behoove investors to know where the signs of that recovery might live. One possibility is its DeFi TVL compounding far faster than its peers for several quarters, revenue capture rising from negligible to material, and at least one breakout application with network effects becoming popular enough to entice users and capital from other chains.

The most likely trigger for those events is the chain shoring up its stablecoin holdings to at least hundreds of millions of dollars, as this would create enough of a capital base to bootstrap other activities like on-chain lending, borrowing, and liquidity support.

Today's Change

(

0.88

%) $

33.95

Current Price

$

3875.07

But don't hold your breath for that to happen. Unless you can articulate a specific, testable thesis for how Cardano will outgrow Ethereum or Solana in at least one segment in the near future, buying this dip is inadvisable. It's significantly better to buy either of those larger competitors.

Cardano might bounce with the market and reward those who buy the dip anyway, or it might not. The better move for investors is to track the metrics above and wait for evidence of consistent gains before reevaluating whether this coin is worth buying.