Market Signal Briefing

Bitcoin Whales vs Everyone Else, and the Whales Are WinningLarge bitcoin holders continue to offload as smaller investors accumulate, creating a stark divide in market behavior. Nov 8, 2025, 1:00 p.m.

Bitcoin BTC$101.736,86 remains only marginally positive year-to-date, suggesting 2025 has been a period of consolidation as the asset stabilizes around the $100,000 level.

Much of the recent price weakness appears linked to previously dormant coins re-entering circulation, per onchain data.

STORY CONTINUES BELOW

Large holders, commonly known as whales, have been the primary distributors, driving the current downward pressure on price, according to The Accumulation Trend Score (ATS) by Glassnode.

ATS measures the relative accumulation or distribution behavior across different wallet cohorts, accounting for both the size of entities and the volume of coins they have acquired over the past 15 days.

A value near 1 suggests that participants in that cohort are actively accumulating.A value near 0 indicates that they are distributing holdings.Exchanges, miners, and certain other entities are excluded from the calculation.Whales holding over 10,000 BTC have been consistent sellers since August, marking three months of sustained distribution. Meanwhile, wallets in the 1,000–10,000 BTC range remain neutral around a score of 0.5, while all smaller cohorts (below 1,000 BTC) are firmly in accumulation mode, according to Glassnode data.

While in the first four months of the year, all cohorts were in deep distribution, which contributed to bitcoin’s 30% decline to $76,000 in April during the so-called tariff tantrum.

This data highlights a clear divide between whales and the rest of the market participants and for now, it appears the whales are still steering the price action.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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Inside Zcash: Encrypted Money at Planetary Scale

3 nov 2025

A deep dive into Zcash's zero-knowledge architecture, shielded transaction growth, and its path to becoming encrypted Bitcoin at scale.

Wat u moet weten:

In 2025, Zcash evolved from niche privacy tech into a functioning encrypted-money network:

Shielded adoption surged, with 20–25% of circulating ZEC now held in encrypted addresses and 30% of transactions involving the shielded pool.The Zashi wallet made shielded transfers the default, pushing privacy from optional to standard practice.Project Tachyon, led by Sean Bowe, aims to boost throughput to thousands of private transactions per second.Zcash surpassed Monero in market share, becoming the largest privacy-focused cryptocurrency by capitalization.View Full Report

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XRP Outperforms Bitcoin as ETF Filings Enter 20-Day Window, Setting up Breakout Trade to $2.80

9 uur geleden

XRP's price action shows strong institutional interest, with significant volume increases and new wallet creations.

Wat u moet weten:

XRP surged 3.6% to $2.31, breaking key resistance at $2.28, driven by ETF momentum and network growth.Canary Capital Group's amended prospectus for its proposed XRP ETF moves closer to potential SEC approval.XRP's price action shows strong institutional interest, with significant volume increases and new wallet creations.Lees volledig verhaal

In the last week, Bitcoin’s correction took another drastic turn as prices retested the psychological $100,000 price zone, triggering heavy waves of liquidation. Although the premier cryptocurrency witnessed some rebound after, the current market price remains 19.02% away from the all-time high at $126,198. In the hope of a sustained recovery, a popular analyst with the X username PlanD has outlined one critical market condition.

Bitcoin 50-Week EMA Holds Bullish Structure – Analyst
In an X post on November 7, PlanD shares insightful analysis on Bitcoin’s latest price movement. The prominent market expert notes Bitcoin’s bounce of $100,700 may have confirmed a bottom formation. Although price dips below $100,700 could still occur, PlanD emphasized the importance of watching out for a bullish weekly close above this crucial support level.

Notably, the importance of the $100,700 price zone comes from its alignment with Bitcoin’s 50-week exponential moving average (EMA). Since 2022, this indicator has acted as a crucial metric, with price crosses often signaling a change in market trends. In the present bull run, Bitcoin has decisively retested the 50-week EMA thrice, each time resulting in a price bounce to higher levels.

Source: @cryptododo7 on X
Amid the recent correction, Bitcoin famously hit this support zone again, which PlanD describes as critical to keeping a bullish structure for a possible rebound. As long as market bulls hold the price point above this indicator, the analyst predicts another bullish price action with potential targets between $116,000 – $120,000 in the short-term.

Following a steady recovery, PlanD’s further analysis suggests that Bitcoin maintains strong upside potential, with its current momentum aligning with an ascending channel that began in late 2024 and projecting a possible move toward $176,000. In parallel, a broader cup-and-handle formation has been developing since 2023, signaling an even larger long-term target around $340,000, reinforcing the bullish outlook for the asset.

Bitcoin Price Overview
At the time of writing, Bitcoin trades at $102,277, reflecting a slight 0.23% loss in the last 24 hours. In tandem, weekly and monthly losses of 6.98% and 16.23% indicate that bearish sentiment remains dominant despite a modest price bounce off $100,000. 

Bitcoin’s retest of the $100,000 level proved pivotal in the ongoing correction, triggering several adverse developments. These included a drop in the investors’ realized price to below $50,000, and losses among top buyers reaching approximately $0.16 billion per hour.

All these events, including the subsequent price rebound all underscore the critical psychological importance of the $100,000 zone in the current market structure.

BTCUSDT trading at $102,422 on the daily chart | Source: BTCUSDT chart on Tradingview.com
Featured image from iStock, chart from Tradingview

14h05 ▪
4
min read ▪ by
Luc Jose A.

Summarize this article with:

Bitcoin wavers, and the market divides. While crypto suffers a drop of nearly 15 % in a few weeks, a clear rift appears between small holders and institutional investors. While the former take advantage of the decline to strengthen their positions, the whales quietly liquidate thousands of BTC. This strategic gap, observed by the Santiment platform, could mark a decisive turning point in the market’s evolution.

In brief

Bitcoin falls nearly 15 % in a few weeks, sparking concerns and tensions in the market.
A clear rift appears between retail investors buying the dip and whales lightening their positions.
According to Santiment, this divergence is a historic warning signal, with prices generally following whale trends.
Four key factors confirm this alert: massive sales, signal contradictions, market structure, and historical precedents.

A strategic rift : when whales sell and retail investors buy
Since October 12 after the chaos caused by Trump’s tariffs, data from the Santiment analysis platform reveals a market dynamic that starkly differs depending on investor size.

Wallets holding between 10 and 10,000 BTC, often referred to as whales, have sold about 32,500 BTC. This massive sell-off coincided with a significant drop in Bitcoin’s price, from $115,000 to $98,000 on November 4, before a slight rebound around $103,780.

Meanwhile, small investors have taken advantage of the decline to strengthen their positions. As Santiment indicates : “retail small investors massively bought during the dip”.

This divergence between the two categories constitutes a “major divergence between large and small investors”, to be considered a cautionary signal. To reinforce this warning, Santiment reminds us that historical precedents show a clear trend : “historically, prices tend to follow the direction of whales, not retail investors”. Thus, this situation suggests several points of vigilance :

Whale sales occur in a high price zone, which could indicate anticipation of a deeper pullback ;

Retail buying is done with a short-term rebound outlook, often contradicting signals given by better-informed wallets ;

The current setup resembles previous distribution phases, observed before more pronounced corrections ;

The unsynchronized behavior between major and minor players is historically a bad omen for the stability of the leading crypto’s price.

This tension between accumulation and distribution fuels uncertainty about upcoming market trends and casts doubt on the durability of the ongoing rebound.

Consolidation, macroeconomic uncertainty, and the key role of ETFs: analysts divided
Beyond blockchain movements, some analysts favor a more nuanced reading of Bitcoin’s current situation.

Thus, Bitfinex experts estimate the market is entering a consolidation phase marked by persistent volatility. “We believe this is not a sprint to new highs”, they explain, highlighting that Bitcoin’s rapid ascent to $125,000 in October was largely due to excitement triggered by inflows into Bitcoin spot ETFs.

However, this momentum quickly faded due to a combination of macroeconomic shocks, a major options expiration, and a profit-taking episode. The market then corrected, bringing BTC below the $100,000 mark before a slight rebound.

Since then, ETF inflows have slowed significantly, with a total of $2.04 billion in outflows over six days, according to Farside data. It’s only now that these flows have stabilized, revealing a possible institutional interest comeback.

In this context, perspectives remain divided. If ETFs were to regain an inflow pace exceeding $1 billion per week, combined with easing macroeconomic conditions, some analysts do not rule out a return to $130,000.

Jake Kennis, senior analyst at Nansen, tempers this optimism. He points out that despite Bitcoin’s historic year-over-year gains, recent “liquidation and market structure break reduce the likelihood of a short-term rally”. However, he adds “a new annual high remains possible if momentum decisively shifts”.

Ultimately, Bitcoin’s current situation reflects deep uncertainty, where technical signals coexist with conflicting market dynamics. While whales’ behavior calls for caution, ETF stabilization and a possible return of bullish momentum could offer opportunities.

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Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019.
Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

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.

3 mins mins

Key Insights:

ASTER added to Coinbase roadmap, showing growing attention on DeFi tokens from major exchanges.
ASTER trades above $1.00 after roadmap news, with $1.20 acting as key resistance level.
No confirmed listing date yet, but roadmap inclusion hints at future support once criteria are met.

Coinbase Picks ASTER for Roadmap, Price Surge Next?
Coinbase has added Aster (ASTER) to its official roadmap. The update, published through the company’s asset transparency blog, shows that ASTER is now among the tokens Coinbase plans to list in the future. The same update also included Monad (MON) and QCAD (QCAD).

This move follows Coinbase’s recent policy change to only share tokens it has decided to list. The blog no longer features a consideration list. Instead, assets are only added once Coinbase completes an internal review and decides to proceed with integration steps.

Listing Decision Doesn’t Guarantee Trading
Although ASTER is on the roadmap, the token is not yet available for deposit or trading. Coinbase has made it clear that any premature transfers of unsupported tokens may result in lost funds. The company said it would only enable trading when infrastructure is ready and liquidity support is confirmed.

The blog added that asset listings are subject to delay or removal for multiple reasons. These may include legal reviews, technical challenges, or compliance concerns. In one section, the company states, “There will be times when an asset is delayed or removed… for any number of factors.”

This process applies to all roadmap additions, including ASTER. No timeline was shared for when trading might begin.

ASTER Price Holds Above $1.00
After the roadmap update, ASTER showed a slight price uptick. The token is trading near $1.06, with support found around $1.00. Resistance is forming at $1.20, a level traders are watching closely. A move above it could open the way toward $1.50 and possibly $1.70 if volume increases.

On the downside, if ASTER falls below $1.00, short-term support appears near $0.95. Market reaction remains cautious, as confirmation of a Coinbase listing has not yet been provided.

Growing Focus on DeFi-Based Assets
ASTER runs on the BNB Smart Chain and is connected to the broader DeFi ecosystem. Its appearance on Coinbase’s roadmap suggests more attention toward decentralized platforms.

Coinbase repeated that listing decisions are based on internal criteria. One line in the blog reads, “We have concluded that the asset does not meet our minimum listing standards,” as a reason some tokens remain unlisted. ASTER has cleared that bar, but no launch date has been set.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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XRP's upward momentum has started to fade after failing to maintain gains above the $2.35 resistance level. Despite brief optimism earlier in the week, the cryptocurrency has struggled to hold on to its recovery, with recent trading sessions showing a cautious tone across the broader market.

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The $5M FUNToken giveaway by 5m.fun has led to the locking of millions of $FUN into staking contracts, resulting in a short-term drop in circulating supply. As a result, the campaign is viewed as an event that could push the FUN price upward in the short term, but questions have been raised about the long-term impact of the campaign.

Giveaway Reducing Exchange Liquidity and Increasing Scarcity
FUNToken is currently trading just above the $0.00221 level and has a market capitalization of $23.98 million. There has been a 5.8% surge in value and over a $6.45 million surge in trading volume over the last 24 hours. Furthermore, the number of holders has increased to 98.83K.

The giveaway’s staking pool, which has already locked over 8.7 million $FUN, has been a contributing factor to this price pump. Short-term liquidity across exchanges has gone down, enforcing scarcity and boosting the price.

That being said, the unlocking of rewards will put the locked portion of those tokens back into circulation, potentially bringing the market back on track. That is why it is important for the project to find a way to manage stability as the giveaway fever subsides.

FUNToken’s Approach to Maintaining Stability After Post-Giveaway Liquidity Surge
Liquidity refers to the ease with which tokens can be bought or sold without significantly affecting the overall price of an asset. Locking millions of tokens means removing them from circulation, which causes liquidity to go down due to the lack of available tokens on the market.

Once the unlock period begins, liquidity starts to recover while stakers begin withdrawing their rewards. If not managed properly, the price could face a rapid decline. Therefore, keeping the following factors in mind is critical.

Gradual Unlocking Mechanism : When tokens are unlocked gradually, they do not shock the market upon reintroduction. As the shock element is removed, post-unlock price action tends to remain stable.
Restaking Incentives : FUNToken encourages investors to restake unlocked tokens by offering additional rewards. These include interest-based payouts and reinvestment opportunities, which help reduce withdrawals and prevent the asset’s price from dropping quickly.
Community Retention Behavior : $FUN holders are currently active on social media, participating in engagement tasks, most of which are related to staking. Continued persistence of such engagement could prevent investors from leaving.

The overall goal is to reduce the intensity of withdrawals, thereby minimizing the shock element of the liquidity surge.

How Does FUNToken Managing Market Depth and Order Book Resilience
Market depth shows the number of buy and sell orders at various price points. Essentially, it measures how well the market can absorb trades without facing sharp price swings.

During a giveaway, this depth reduces as sell orders decline due to tokens being locked. As a result, buyers compete for the limited available supply. This boosts volatility, putting upward pressure on the token price in the short term.

After the event ends, however, order book depth increases again. FUNToken has attempted to create a structure that preserves measured liquidity, supporting a healthy post-event order book.

To achieve this, FUNToken will likely focus on the following factors:

The pace at which rewards are withdrawn.
Holder sentiment regarding $FUN in the long term.
The addition of new staking or integration opportunities that reuse liquidity by directing it toward productive use.

By maintaining incentives for engagement, FUNToken effectively transforms short-term illiquidity into a controlled rebalancing process rather than a reversal.

Impact of Psychology on Liquidity Cycles
Psychology is another factor that influences liquidity as much as economics does. Holders who experience steady gains from staking may perceive $FUN as a yield-generating asset.

This leads to a “liquidity lag effect,” in which users delay selling because their tokens are earning. As a result, much of the supply remains inactive even when withdrawals are open.

The Telegram community, through conversations and announcements about rewards, creates optimism and engagement that reinforce this behavior. This social reinforcement is subtle but crucial, as it helps transform temporary scarcity into habitual holding.

Final Thoughts
Months after the giveaway is over, it is likely that liquidity will return. However, it will act as a stabilizing agent rather than causing a surge. A controlled reintroduction of tokens could expand market depth again, which can be considered a positive development. Investors may perceive FUNToken’s economy as a maturing one rather than an asset that has reverted to its pre-giveaway volatility.

In simple terms, the giveaway could be seen not as a way to compress supply, but to shift the liquidity rhythm of the FUN economy.

In one of the most striking statements from a U.S. lawmaker, Senator Cynthia Lummis has declared that Bitcoin may be the only viable solution to America's growing national debt. Her comments reignite the debate over how digital assets could reshape monetary policy and challenge traditional fiscal systems.

Bitcoin traded at $101,987 on Nov. 8, 2025, with a market capitalization of $2.03 trillion and a 24-hour trading volume of $77.43 billion. The price fluctuated within a daily range of $99,376.95 to $103,956, indicating a narrow consolidation phase following a recent downward move.

Zcash (ZEC) trades at $676.64 as of press time, marking its highest valuation since January 2018. The privacy-focused cryptocurrency posted a 26% gain in the past 24 hours and a 1,486% surge over the past three months.

The token now ranks as the 18th-largest cryptocurrency by market capitalization, at $11.2 billion, positioning it near Hyperliquid and above established networks, including Sui, Avalanche, and Litecoin.

Since Oct. 1, Zcash jumped from $74.30 to an intraday high of $750 on Nov. 7, representing a more than 10-fold price increase.

Jake Kennis, analyst at Nansen, explained the movement in a note:

“There is certainly speculation beyond the technology at this point, having increased by over 1,486% in just the last 3 months. The funding rate is extremely negative, and there have been many liquidations for those short recently.”

Privacy infrastructure meets market timingAccording to Kennis, Zcash’s eight-year high is attributed to multiple converging factors. Privacy has transitioned from a feature to a perceived necessity in cryptocurrency markets, driving renewed ideological demand for private, self-sovereign transactions.

This manifests in the steady expansion of Zcash’s shielded pool, which enables fully encrypted transactions using zero-knowledge cryptography.

The technical architecture supporting this privacy layer has matured substantially. Zcash’s zero-knowledge proof system, the Zashi wallet that enables shielded transfers, and recent Solana integration have collectively improved usability and accessibility for users who previously found privacy coins difficult to adopt.

Zcash’s tokenomics mirror Bitcoin’s scarcity model while adding cryptographic privacy. The network operates on a fixed 21 million supply cap, utilizes proof-of-work consensus, and is facing an upcoming halving that will reduce new token issuance.

Combined with zk-SNARK-enabled privacy, these characteristics position Zcash as what Kennis describes as an “encrypted Bitcoin.”

Capital flows and attention returnThe price surge has attracted renewed attention from crypto industry figures, including Arthur Hayes and Barry Silbert.

After years of underperformance relative to the broader cryptocurrency market, ZEC’s resurgence has drawn fresh capital flows from investors reassessing privacy-focused assets.

Derivatives markets reflect extreme positioning around the move. The negative funding rate Kennis cites indicates a crowded short position that faced liquidation pressure as prices climbed, potentially accelerating the upward momentum through forced buying.

The timing of Zcash’s breakout coincides with broader market discussions around transaction privacy and regulatory scrutiny of blockchain surveillance.

As governments and private entities expand blockchain analytics capabilities, demand for privacy-preserving transaction methods has grown among users seeking financial confidentiality.

Additionally, the Zashi wallet launch addressed a longstanding friction point in Zcash adoption. Previous wallet implementations made shielded transactions complex for average users, limiting the privacy features to technically sophisticated participants.

Zashi simplifies the process, potentially expanding the user base willing to conduct shielded transactions.

Solana integration extends Zcash’s reach into a high-throughput ecosystem with substantial liquidity and an active developer community.

This cross-chain functionality enables Zcash to leverage Solana’s user base while preserving its core privacy features through bridging mechanisms.

The shielded pool expansion Kennis references represents actual usage of Zcash’s privacy features rather than purely speculative trading.

When users move ZEC into the shielded pool, they opt into encrypted transactions where amounts and addresses remain hidden. Growth in this metric suggests organic demand for the privacy functionality itself.

The combination of ideological positioning around privacy, technical infrastructure improvements, Bitcoin-like supply dynamics, and attention from industry figures created conditions for the three-month rally that pushed ZEC past its multi-year resistance levels.

Mentioned in this article

Sat, 8/11/2025 - 14:07

Shiba Inu open interest has seen a major boost above 15% amid a broader shift in adoption as the broad crypto market sees an insane resurgence.

Cover image via U.Today

As of Saturday, Nov. 8, Shiba Inu (SHIB) traders have locked over 7.38 trillion SHIB tokens worth over $76 million into the SHIB derivatives market amid rising on-chain activity.

According to data from CoinGlass, momentum is finally returning to the SHIB ecosystem, and investors have been spotted betting heavily on the Shiba Inu futures market.

The surge, which has coincided with the broad crypto market resurgence, highlights growing confidence surrounding SHIB’s future outlook in the futures derivatives market.

HOT Stories

SHIB open interest rockets 15%The data provided by the source shows that SHIB’s open interest has skyrocketed by more than 15% over the last 24 hours as a massive 7.38 trillion SHIB has been registered as open interest across all supported exchanges.

Following the high volatility witnessed in the past week, the surge in SHIB’s open interest coincides with a sharp market resurgence that has led the broad crypto market back to the green territory.

After days of sideways movement and notable price corrections,

SHIB has suddenly surged by over 10.43% in the last day, jumping high enough to remove a zero from its price.

While the SHIB community had gradually seen traders’ enthusiasm fade significantly, this impressive price action witnessed over the last day has sparked renewed optimism and momentum within its community.

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Following the surge in SHIB’s futures activity over the last day, Shiba Inu has skyrocketed by a massive 10.53% in the last 24 hours, trading at $0.00001006 as of writing time.

Notably, data from CoinMarketCap shows SHIB’s price reaching an intraday high of $0.00001032, breaking above key resistance levels that previously capped its upside.

Following this price surge, Shiba Inu has removed a zero from its initial price of around $0.000009 that it traded around yesterday.

Nonetheless, the data further shows that the majority of Shiba Inu’s open interest capital came from traders on the Gate.io exchange. These traders account for 47.13% of the total open interest, which represents about $36.63 million in SHIB.

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XRP price moved sideways this week despite the highly successful Ripple Swell event and the growing Ripple USD stablecoin. 

Summary

XRP price remains on edge as the RLUSD volume jumps.
RLUSD’s supply jumped to $1 billion this month.
Technicals suggest that an XRP price rebound is possible.X

Ripple (XRP) token was trading at $2.3200, down by double digits from its highest level this year. This price action was eerily similar to that of other top coins like Bitcoin and Solana.

RLUSD transaction volume is rising
The XRP price wavered as the Ripple USD (RLUSD) stablecoin continued growing. Data compiled by Artemis shows that the stablecoin’s assets crossed the important $1 billion milestone less than a year after its launch.

Most importantly, the number and volume of RLUSD transactions are in a strong uptrend. The adjusted volume jumped by 210% in the last 30 days to over $4 billion. This happened as the number of transactions soared by 26% to $480,000.

Ripple’s USD growth will likely accelerate following recent initiatives by Ripple Labs. For example, the company acquired Hidden Road and changed its name to Ripple Prime. Hidden Road handles billions of dollars a day, and some of these funds may be routed through RLUSD.

Ripple also acquired GTreasury, a company that also handles billions of dollars a year. Most recently, it inked a deal with Gemini, Mastercard, and WebBank to trial RLUSD in card settlement. 

XRP price has other potential catalysts that may boost its performance. The most notable one is that 21Shares and Bitwise are advancing their ETF filings, with the listing expected later this month. 

XRP price technical analysis 
XRP price chart | Source: crypto.news
The daily timeframe chart is sending mixed signals about the XRP price. On the negative side, the coin has just formed a death cross pattern, which happens when the 50-day and 200-day moving averages cross each other. This pattern normally leads to more downside. 

On the positive side, the token has formed a double-bottom pattern at $2.1838 and a neckline at $2.68. Also, the Relative Strength Index and the Percentage Price Oscillator have formed a bullish divergence pattern. 

There are also signs that the token is in the second stage of the Elliot Wave. As such, these patterns point to more upside, potentially to the resistance at $3. A move below the key support at $2.1838 will invalidate the bullish XRP price forecast.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Company: Monro (MNRO)Business: Monro, formerly Monro Muffler Brake, is engaged in the provision of automotive undercar repair and tire services in the United States. The company provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment. It also offers tires and routine maintenance services, which include state inspections. It offers repair and replacement of parts. Its stores provide a range of undercar repair services for brakes, steering, mufflers and exhaust systems, suspension and wheel alignment, as well as tire replacement and service. It also offers scheduled maintenance services in its stores where services are packaged and offered to consumers based upon the year, make, model and mileage of each specific vehicle. Its maintenance services include oil change services, heating and cooling system flush and fill service, fuel system service and a transmission flush and fill service.

Stock Market Value: $458.40 million ($15.27 per share)

Stock Chart IconStock chart icon

Monro shares year to date

Activist: Carl IcahnOwnership: 14.79%

Average Cost: $19.08

Activist Commentary: Carl Icahn is the grandfather of shareholder activism and a true pioneer of the strategy. He is very passionate about shareholder rights and good corporate governance and will go to extreme lengths to fight incompetent boards and over compensated managers. Icahn has invested across all sectors over his more than six-decade long career and has a long history in the automotive parts and services industry. He has been involved in several mergers and acquisitions in this space, acquiring some of his portfolio companies through Icahn Automotive, the automotive-segment business of his conglomerate, Icahn Enterprises. This includes his acquisition of Pep Boys-Manny Moe and Jack in 2016 and Federal Mogul in 2017.

What's happeningOn Nov. 5, Carl Icahn filed a 13D with the U.S. Securities and Exchange Commission, disclosing a 14.79% position in Monro.

Behind the scenesMonro is engaged in the provision of automotive undercar repair and tire services in the United States, operating more than 1,100 repair shops and tire dealers in 32 states under multiple regional brands. The company has faced several challenges in recent years. Macro factors like lower consumer demand, higher material and labor costs, and a trend in consumer trade-down to lower margin tire products have applied significant margin and growth pressure. As a result, following a 4.9% decrease in sales for fiscal year 2025 — the second year in a row with a meaningful decline in revenue — the company announced that they are closing approximately 145 underperforming locations.

Most recently, the company's third-quarter earnings report left a lot of investors disappointed about its strategic transition, with weaker-than-expected revenue and no specific financial guidance for the upcoming fiscal year. Shares fell 16.7% the next day. Lastly, many investors have questioned the company's dividend payout ratio, which has remained relatively large despite these ongoing struggles.

Putting all this together, it comes as little surprise that shares have underperformed, down 44.73%, 66.73% and 63.25% over the past 1-, 3- and 5-year periods, respectively, prior to Icahn's announcement.

Perhaps this depressed valuation is what caught the eye of Carl Icahn. He disclosed a 14.79% position in the company (67% of which was acquired since the stock's Oct. 29 downturn), immediately sending the stock up over 15%.

While there are plenty of cheap stocks, this isn't Icahn taking a flyer on the automotive industry. Icahn has a rich history in the automotive parts and services industry, most notably Icahn Automotive, the automotive segment of his conglomerate, Icahn Enterprises. Icahn knows this industry well and likely sees Monro as a great business that is significantly undervalued.

The timing of this public engagement is also very notable. It is not just the stock's recent fall that makes this a good entry point for an investor like Icahn. Monro recently agreed to collapse its dual class share structure, which had previously granted its sole Class C shareholder, Peter Solomon, veto power over any matter brought to a shareholder vote, effectively making this a controlled company. Pursuant to its approval in 2023, this collapse will occur prior to the 2026 annual meeting, which is expected to take place next August.

So, what does this mean for the company's shareholders? It effectively sets the stage for the company being converted from a privately run company to a publicly run company for the benefit of its shareholders. With one person having veto power over all material board decisions, the rest of the board becomes somewhat irrelevant. With this conversion, the company has an opportunity to have a real, collaborative, and productive board. This would require its reconstitution, and we know of nobody better or more experienced than Icahn for that endeavor.

Solomon is an 87-year-old renowned investment banker and Icahn is, well, Icahn and a contemporary of Solomon. However, there is no evidence that the two have ever crossed paths.

Despite this, we would imagine that they have many relationships in common and mutual respect for each other. While there are many different ways this campaign can go down, what we would like to see is the two elder statesmen meeting in a room with an air of civility and cordiality uncommon in the average activist engagement and together coming up with a board that will oversee management, hold them accountable on behalf of shareholders and usher the company through its first real phase as a truly public company. With Solomon already agreeing to give up control, and neither Solomon nor Icahn likely to be on the continuing board, there is no reason why this should get contentious.

However, we also must address the elephant in the room. Icahn has built his automotive industry on acquisitions, and Monro appears to fit in very nicely in IEP's automotive business.

Icahn has launched activist campaigns at some of the auto companies that he later went on to acquire, including Pep Boys-Manny Moe and Jack in 2016 and Federal Mogul in 2017. When Icahn acquired Pep Boys he also stated: "We believe that with our abundant resources and knowledge of the industry we will be able to grow this business and take advantage of consolidation opportunities, thereby benefiting customers, manufacturing partners and employees, as well as our shareholders."

While we sincerely believe that Icahn's main motivation for this investment is to invest in a good company that he believes is at an inflection point and is significantly undervalued, there is always the chance that he might want to own the entire company one day. This is a very small position for him and a good return would not move the needle as much as a synergistic integration into his automative business, but we see no reason why both things cannot be true.

Ken Squire is the founder and president of 13D Monitor, an institutional research service on shareholder activism, and the founder and portfolio manager of the 13D Activist Fund, a mutual fund that invests in a portfolio of activist investments.

Credit: Unsplash/CC0 Public Domain

Microsoft Corp. is pursuing a more powerful form of AI called "superintelligence" it hopes will be capable of making advances in areas like medicine and materials science.

Mustafa Suleyman, chief of the Microsoft AI group, will lead what the company is calling the MAI Superintelligence Team that will target hypothetical milestones that are even more ambitious than artificial general intelligence. That's the often ambiguous term that outfits like OpenAI use to describe systems capable of demonstrating human-level performance. Previously, Microsoft had agreed not to pursue AGI as part of its partnership with OpenAI.

"If AGI is often seen as the point at which an AI can match human performance at all tasks, then superintelligence is when it can go far beyond that performance," Suleyman said in a blog post announcing the push, which he says will work toward personal AI companions and breakthroughs in health care and clean energy.

The team will aim to build what he calls Humanist Superintelligence, seeking to avoid potential risks associated with development of powerful automated tools and work for the benefit of people instead of technological milestones.

OpenAI, Meta Platforms Inc. and other companies are also increasingly focusing on superintelligence as the new goalpost for AI development. The term "superintelligence," like AGI, is imprecise: It's unclear how capable, exactly, AI needs to be at certain tasks before it crosses the threshold from "general" to "super" intelligence.

The announcement comes in the wake of a renegotiated agreement between Microsoft and OpenAI that determined the software maker's stake in the startup and altered portions of their relationship. That included removing a prior prohibition on Microsoft's development of advanced AI tools, which had limited much of the Redmond, Washington-based company's work to smaller, less broadly capable models than those that power ChatGPT.

Thursday's announcement formalizes a project that Microsoft had been laying the groundwork for since last March, when the company hired Suleyman and licensed the intellectual property of his startup, Inflection AI.

With a combination of reorganized Microsoft teams and new hires, Suleyman set about building a new family of Microsoft AI models, which to date remain much smaller in scale than the most capable products from OpenAI or Alphabet Inc."s Google.

Suleyman told employees in September that Microsoft would make "significant investments" to expand the capability of those models.

2025 Bloomberg L.P. Distributed by Tribune Content Agency, LLC.

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Euronext N.V. (OTCPK:ERNXY) Q3 2025 Earnings Call November 7, 2025 3:00 AM EST

Company Participants

Stéphane Boujnah - Chairman of the Managing Board & Group CEO
Giorgio Modica - Group Chief Financial Officer
Anthony Attia - Global Head of Derivatives & Post Trade

Conference Call Participants

Michael Werner - UBS Investment Bank, Research Division
Enrico Bolzoni - JPMorgan Chase & Co, Research Division
Hubert Lam - BofA Securities, Research Division
Ian White - Bernstein Autonomous LLP
Arnaud Giblat - BNP Paribas, Research Division
Herve Drouet - CIC Market Solutions, Research Division

Presentation

Operator

Good morning, and welcome to the Euronext Third Quarter 2025 Results Conference Call. On today's call, we have Stephane Boujnah, CEO and Chairman of the Managing Board; and Giorgio Modica, CFO. Please note this conference is being recorded.

[Operator Instructions] I will now hand over to your host, Stephane Boujnah, to begin today's conference. Please go ahead, sir.

Stéphane Boujnah
Chairman of the Managing Board & Group CEO

[Audio Gap] quarter 2025 results call. I'm Stephane Boujnah, CEO and Chairman of the Managing Board of Euronext, and I will start with the highlights of this quarter of the year. Giorgio Modica, the Euronext CFO, will then develop the main business and financial highlights of the quarter.

As an introduction, I would like to highlight three points. First, Q3 2025 is Euronext's sixth consecutive quarter of double-digit top line growth. This quarter, our revenue and income grew by 10% plus 6% (sic) [ plus 10.6% ] compared to Q3 2024 to EUR 438.1 million.

Our adjusted EBITDA margin increased also double -- increased by 1.2 points to 63.2%. This strong performance was driven by the expansion of non-volume-related business, driven also by resilient trading and clearing revenues and also driven by continued cost discipline.

Second, during this quarter, we were very proud to announce the

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If you're looking for an excellent value stock, consider this insurer, which has outperformed the broader market for decades.

Investors are buzzing with excitement around artificial intelligence (AI) and the development of its surrounding infrastructure. Markets are surging as a result. The S&P 500 (^GSPC +0.13%) is up 15% year to date, while the tech-heavy Nasdaq Composite (^IXIC 0.21%) is up 20% since the start of the year.

The bull market in stocks has been strong, and concerns have emerged about the lofty valuations today. Against this backdrop, it can be hard to find quality companies trading at a discount. However, one stock that is a screaming bargain right now is auto insurer Progressive (PGR +3.65%).

The company holds a strong market position in the insurance industry and has a proven track record of outperforming its peers. More recently, Progressive stock is in a downturn, having dropped 30% from its all-time high.

To me, this presents a very compelling opportunity to invest in the stock at a bargain. Here's why.

Today's Change

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217.27

Progressive has been an excellent stock for long-term investors
Progressive is a leading automotive insurer in the U.S. with a 15% market share. Only State Farm, at an 18% market share, is larger. What makes Progressive compelling is that insurance products will always be in demand. Drivers always need coverage to protect themselves, and regulations requiring it ensure it will always see steady demand.

On top of this, Progressive stands out because of its superior underwriting ability. Over the years, Progressive has leveraged technology, notably telematics, to track driver behavior to assess risk and price policies accurately. This is just one aspect of its underwriting models that illustrate its stellar risk selection and claims discipline.

This underwriting advantage is evident when examining its combined ratio. During the past 20 years, Progressive's combined ratio has averaged 92% (lower is better). In other words, for every $100 in premiums written, it earned $8 in an underwriting profit.

Chart by author.

In the insurance industry, the average combined ratio tends to hover around breakeven at 100% due to the highly competitive nature of the industry -- making Progressive's long-term outperformance all the more impressive.

Why Progressive stock has been so weak
Progressive's recent weakness came following the announcement of its September results, when it said it would return nearly $1 billion to policyholders in Florida. Thanks to tort reform in 2022 in Florida, Progressive saw lower litigation costs and healthy underwriting margins. Because its profits from 2023 to 2025 exceeded statutory limits in the state, 2.7 million active policyholders will get a refund of $300 on average.

This refund wasn't unexpected, but did hurt Progressive's underwriting profit during the period, and its combined ratio for September increased to 100%. This likely caused concern among investors. But when you zoom out to the first three quarters of this year, Progressive still has an excellent combined ratio of 87.3%.

For the year, Progressive stock has been relatively weak as well. That's because there has been some concern that we are in a softer pricing environment. The insurance industry is cyclical, but it doesn't follow economic cycles in precisely the same manner as other cyclical stocks. Instead, the industry goes through "soft" and "hard" periods.

During hard markets, losses increase due to higher claims, competition retreats, and the most profitable insurers have an opportunity to take market share. During soft markets, losses tend to be lower, competition is higher, and it can be harder to maintain profitable growth.

Image source: Getty Images.

There is some evidence that we are in a softer pricing environment, which could weigh on Progressive's growth in the near term, which is a significant reason the stock has been lackluster this year, despite the strength of the S&P 500. With that said, should inflation rear its ugly head once again, insurers like Progressive have pricing power to adjust to rising costs. Not only that, but its investments benefit from elevated interest rates.

Progressive is a screaming bargain
As a long-term shareholder, I'm not too concerned with Progressive's performance this year. The company continues to maintain a stellar underwriting record. If the company begins to lose its edge in policy selection or pricing, investors will see that reflected in a rising combined ratio -- and that isn't the case today.

Progressive is priced at 15 times next year's projected earnings, and the stock is trading at a valuation that is cheaper than it has been in almost two years. The company continues to maintain its edge, which is why I think the recent weakness makes the stock a no-brainer buy today.

Hoover Institution senior fellow Victor Davis Hanson explains why it's difficult for Hungary to obtain oil from a variety of countries on ‘The Bottom Line.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #thebottomline #victordavishanson #trump #donaldtrump #hungary #russia #russianoil #energy #oil #global #geopolitics #foreignpolicy #economy #international #trade #government #politics #political #politicalnews

AMC Entertainment is low-priced but far from a bargain.

Nearly five years ago, AMC Entertainment (AMC 7.31%) was not just one of the top meme stocks. It was one of the "meme kings," alongside GameStop (GME +0.70%). During the initial 2021 wave of meme stock mania, shares in both companies surged to record prices, a rally fueled almost entirely by speculation and hype.

Although the trend peaked not too long after it started, shares in both companies managed to hold on to a fair amount of their respective meme gains for quite some time. In fact, GameStop -- trading in the low $20s today -- is still technically up from its pre-trend level.

Unfortunately, it hasn't been the same story for AMC. Shares in the movie theater chain are down over 99% from their meme highs, and down over 35% just this year alone. Worse yet, while seemingly a bargain today, much suggests AMC still trades at an inflated valuation and could be vulnerable to further price declines.

Image source: Getty Images.

The rise and fall of AMC Entertainment
In early 2021, AMC was in bad shape. Like other movie theater chains, the pandemic had a severe impact on its business. Burning through cash put the company at risk of bankruptcy. Hence, many hedge funds bet heavily against it by shorting the stock.

However, after their success coordinating an epic short squeeze with GameStop, many of the same retail traders piled into AMC, attempting to pull off the same trick. At first, this was successful. From January to June 2021, AMC surged from a split-adjusted $20 per share, to well over $500 per share.

Yet as a result of this huge surge in price, AMC began selling newly issued shares to raise money. While this brought in much-needed cash, it also led to heavy share dilution. Add in AMC's struggles to return to pre-COVID levels of revenue and profitability, and it's no surprise that meme mania faded, and the stock has since experienced a steady drop.

Today's Change

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Current Price

$

2.41

Low-priced but not a bargain
At a little over $2.50 per share, AMC Entertainment may seem dirt cheap. But don't mistake a low stock price for a low valuation. AMC has yet to return to profitability under generally accepted accounting principles (GAAP). But it is profitable on the basis of earnings before interest, taxes, depreciation, and amortization (EBITDA), so we can value it using the enterprise-value-to-EBITDA metric (EV/EBITDA).

By this measure, the stock appears quite pricey. At an EV/EBITDA ratio of 21, shares trade at a valuation many times that of competitor Cinemark Holdings, which trades at an EV/EBITDA ratio of only 8.

Admittedly, this stock may experience another temporary surge in the coming days. AMC reported earnings on Wednesday, Nov. 5. Yet even if shares do surge in response to better-than-feared results, the bullishness may not last. Forecasts still call for U.S. movie theater revenue to not finish recovering to pre-COVID revenue levels until at least 2029.

Moreover, even if you're more bullish than the market on a movie theater attendance revival, cheaper stocks like Cinemark are out there to buy. With this, whether in the near term or the long term, don't get your hopes up on this failing "meme star." It's a risky play.

Everyone knows Microsoft Corp. (NASDAQ: MSFT) and its best-known products, including the Windows operating system and Microsoft 365 suite of productivity apps, but its growing cloud computing platform, Azure, is the future of the company.

SummaryAbivax delivered outstanding phase 3 results for obefazimod in ulcerative colitis, with a 16.4% placebo-adjusted clinical remission rate.ABVX's safety profile is superior to JAK inhibitors and S1Ps, with minimal serious adverse events and no black-box warning expected.Following positive data and a $748M capital raise, I raise the target price to $136 and maintain a buy rating, citing ~30% upside.Key risks include regulatory uncertainty, pending maintenance data, and commercial execution, but ABVX is a strong M&A candidate for big pharma.Tom Werner/DigitalVision via Getty Images

Obefazimod's ABTECT Phase 3 Induction Data Materially Beat Expectations I initiated Abivax (ABVX) with a buy rating in July 2025. My thesis revolved around the positive phase 3 data readout. As my readers recall, my view was

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ABVX either through stock ownership, options, or other derivatives. 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.

I do not provide personal investment advice. All content in this article, including but not limited to opinions, analyses, commentaries, forecasts, stock picks, and investment strategies, is for informational and educational purposes only and should not be interpreted as financial or investment advice. While I strive to provide accurate and up-to-date information, the content may contain errors, inaccuracies, or omissions. Any financial decisions or investments made based on the information presented in this article are solely at your own risk. I am not responsible for any financial losses, damages, or other consequences resulting from actions taken in reliance on the information provided. You should conduct your own due diligence and consult with a qualified financial professional before making any investment decisions. This article reflects my personal views and opinions and is not affiliated with any employer, financial institution, or advisory firm. No representations or warranties are made regarding the completeness, accuracy, or reliability of the content, including any external links provided. Any third-party links are for informational purposes only, and I do not endorse or take responsibility for the content or services offered by external sources. All information is provided on an "as is" basis without any express or implied warranties.

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.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of BTC-USD, ETH-USD, FBTC either through stock ownership, options, or other derivatives. 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.

I'm not an investment advisor.

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.

Investors in MillerKnoll, Inc. (MLKN - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Nov. 21, 2025 $15 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for MillerKnoll shares, but what is the fundamental picture for the company? Currently, MillerKnoll is a Zacks Rank #2 (Buy) in the Furniture industry that ranks in the Top 30% of our Zacks Industry Rank. Over the last 60 days, no analyst increased the earnings estimates for the current quarter, while one have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from 42 cents per share to 40 cents in that period.

Given the way analysts feel about MillerKnoll right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Looking to Trade Options?Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk.

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SummaryBombardier has outperformed the S&P 500, exceeding my price target, and remains a strong buy after robust Q3 2025 results.BDRAF's growth drivers include strong demand for large cabin jets, expanding services, defense opportunities, and proactive debt reduction, enhancing free cash flow.Despite modest sales growth, operating leverage and efficiency improvements are driving higher EBITDA margins, with leverage expected to drop below 1x by 2027.The stock trades at a steep discount to peers; with a $171.11 price target and 23% upside, I maintain a strong buy rating on BDRAF. Boarding1Now/iStock Editorial via Getty Images

Bombardier (OTCQX:BDRAF), the Canadian business jet specialist, has rallied almost 18% since my last report outperforming the S&P 500’s 4% gain and has now exceeded my price target in line with my strong

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.

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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.

After weeks of steady decline, Ethereum is finally showing some strength, bouncing back near the $3,460 level. But not everyone is convinced the worst is over. Prominent crypto analyst Ted warns that this sudden recovery might be a “false signal,” suggesting that Ethereum could face one more big drop before a real rebound begins.

Here’s how low the ETH price can go.

Short Squeeze or Real Reversal?While Ethereum’s recent 5% daily jump has given traders a brief sense of relief, crypto analyst Ted suggests that this move is likely driven by short liquidations rather than real buying interest. 

He noted that many traders who bet against Ethereum have been forced to close their positions, creating a quick price push that looks like a rally but lacks strong market support.

And the numbers back it up, over $133.83 million worth of ETH positions were liquidated, wiping out both over-leveraged longs and shorts, temporarily boosting prices. But Ted warns that this is a common trap, a short-term bounce before another drop.

Ethereum Price To Drop To $2800 LevelDespite the temporary bounce, the trader insists that Ethereum’s market structure still looks heavy. In his view, the earlier drop wasn’t the final one, just a pause before the “real move” down. 

His chart highlights strong resistance zones between $3,700 and $3,800, where Ethereum has repeatedly failed to break higher. Until these levels flip into support, the market remains under bearish pressure.

But for now, Ted expects another potential drop toward the $2,900–$3,200 zone, which has acted as a key support area before. 

If that level breaks, Ethereum could slide even further, possibly to around $2,800,  before finding solid ground.

Key Level to Watch: $3200For now, Ted is watching the $3,200 mark closely. Holding above it could give Ethereum’s bulls a chance to rebuild momentum. But if it slips below, another wave of selling could follow.

As of now, ETH is trading around $3446, reflecting a 5.2% jump seen in the last 24 hours

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQsWhat is the ETH price prediction for 2025?

As per our Ethereum price forecast 2025, the ETH price could reach a maximum of $9,428.11.

What will Ethereum be in 5 years?

According to our Ethereum Price Prediction 2030, the ETH coin price could reach a maximum of $71,594.69 by 2030.

How much would the price of Ethereum be in 2040?

As per our Ethereum price prediction 2040, Ethereum could reach a maximum price of $4,128,680.

How much will the ETH coin price be in 2050?

By 2050, a single Ethereum price could go as high as $238,189,500.

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.

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

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Dogecoin is showing strong momentum this weekend as the original meme coin surges amid renewed market excitement and significant liquidation imbalances. 

At press time, DOGE trades at $0.1813, up 9.18% over the past 24 hours, with its market cap climbing to $27.5 billion. 

Trading volume has jumped 80% to $3.39 billion, and the volume-to-market-cap ratio of 12.38% reflects heightened activity and investor enthusiasm.

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In the meantime, data from CoinGlass shows a remarkable 385% liquidation imbalance, with over $8 million short positions liquidated.           

Source: CoinGlassThe power of Musk's XElon Musk once again sparked a Dogecoin rally with a brief post on X, declaring “It is time,” in reference to an older tweet about “putting a literal Dogecoin on the literal moon.” 

The message quickly reignited bullish sentiment, recalling Musk’s influence during the 2021 rallies when Dogecoin surged 339% and later peaked at $0.682. Despite celebrity support, however, Dogecoin’s mainstream payment adoption remains limited.

Crypto investors' confidence Investor optimism is also growing as Bitwise moves closer to launching the first Dogecoin spot ETF. The firm removed a “delaying amendment” from its SEC filing, paving the way for approval within 20 days if unopposed. 

Looks like Bitwise is doing the 8(a) move for their spot Dogecoin ETF, which basically means they plan on going effective in 20 days barring an intervention. pic.twitter.com/y8jyxbYKXQ

— Eric Balchunas (@EricBalchunas) November 6, 2025
Bloomberg’s Eric Balchunas suggested the ETF could debut by late November, a milestone that would bring institutional exposure to DOGE and further validate its market presence.

Dogecoin price predictionAfter retreating from $0.22 in late October, DOGE price has recovered to around $0.18, with Polymarket assigning a 61% chance it regains $0.20 this month. 

Source: CoinMarketCapThe token faces resistance between $0.19 and $0.21, where the 20-, 50-, and 200-day moving averages converge. A breakout could push DOGE toward $0.25, though sustained momentum will be required to overcome this technical ceiling.

With Musk’s renewed attention, rising volumes, and ETF speculation driving demand, Dogecoin appears well-positioned for further upside if bullish sentiment persists.