Profit-Taking Hits BlackRock’s Bitcoin ETF While BTC Recovers

The post Profit-Taking Hits BlackRock’s Bitcocom. Bitcoin For most of 2024, BlackRock’s IBIT has acted like a black hole inside the Bitcoin ETF universe money went in and rarely came back out. Key Takeaways: IBIT outflows show institutions taking profit during the rebound. Money is rotating between Bitcoin ETFs, not exiting the asset class. Sustained IBIT redemptions during a BTC rise could hint at distribution. That dynamic is now showing cracks. While Bitcoin has bounced sharply off last week’s lows, the largest issuer in the category is no longer the one capturing the recovery. Market data shows that some of the biggest allocators used the recent price rebound not to increase exposure but to lighten their positions. IBIT posted one of its largest single-day redemptions of the quarter on November 24 and only partially made up for it the following session. The two-day ledger still finished negative by more than $66 million. A recovery without renewed accumulation In previous rallies toward the $90,000 region, IBIT was almost automatically the recipient of fresh institutional capital. This time, the pullback has been met with rebalancing instead of reinforcement. The message from those flows is less about fear and more about discipline. Large investors appear willing to defend performance gains rather than chase upside. Nothing about that behavior means institutions are abandoning Bitcoin. Other issuers have benefited from the rotation. Fidelity’s FBTC once a distant runner-up recorded nearly $171 million in inflows during the same window that IBIT was shrinking. ARK’s ARKB and Bitwise’s BITB, meanwhile, sat on the opposite side of that equation with withdrawals. What the shift could mean for the wider market ETF analysts have long used BlackRock’s ledger as a proxy for risk appetite because IBIT is the first stop for allocators with conviction. When that fund is no longer the automatic.

Why $103,500 Holds The Key To Explosive Growth

The post Why $103,500 Holds The Key To Explosive Growth appeared com. Are you wondering where Bitcoin is headed next? According to leading crypto analytics firm Delphi Digital, the answer lies in one critical price level. Their latest Bitcoin price analysis reveals that $103,500 represents the make-or-break point that could determine BTC’s future trajectory. This comprehensive breakdown explores what this means for investors and the broader cryptocurrency market. Why Is This Bitcoin Price Analysis So Important? Delphi Digital’s research team has identified $103,500 as the key resistance level that Bitcoin must conquer. Their technical analysis suggests that until BTC achieves a decisive breakout above this threshold, the bullish scenario remains unconfirmed. This Bitcoin price analysis provides crucial insights for traders looking to navigate current market conditions effectively. Understanding the Elliott Wave Pattern in Bitcoin Price Analysis What exactly does the Elliott Wave ABC pattern mean for Bitcoin’s price movement? This technical analysis framework suggests we’re currently witnessing: Wave A: The initial upward movement Wave B: The current correction or downturn Wave C: The anticipated subsequent rise This Bitcoin price analysis indicates that the pattern completion depends entirely on breaking through the $103,500 barrier. Without this breakthrough, the bullish scenario loses its validation. What Challenges Does Bitcoin Face in This Price Analysis? While the potential for upward movement exists, several factors could impact this Bitcoin price analysis. Market sentiment, regulatory developments, and macroeconomic conditions all play significant roles. However, the technical indicators highlighted in this Bitcoin price analysis provide a clear framework for understanding potential price movements. Actionable Insights From This Bitcoin Price Analysis How can traders use this Bitcoin price analysis to their advantage? The key takeaway is simple: monitor the $103,500 level closely. A sustained breakout above this resistance could signal the beginning of a new bullish phase. Conversely, failure to breach this level might indicate continued consolidation or potential downward.

Coinbase-Backed Group Surveys Candidates on Crypto Policies for 2026 Midterms

The post Coinbase-Backed Group Surveys Candidates on Crypto Policies for 2026 Midterms appeared com. Stand With Crypto, a cryptocurrency advocacy group backed by Coinbase, is surveying federal and state candidates on their views about digital assets ahead of the 2026 US midterm elections to influence pro-crypto policies and voter mobilization. Questionnaire Focus: Candidates are asked about positions on digital assets, crypto innovation, de-banking, mining, zoning, and consumer protections, plus [.] Source:.

Hong Kong national faces 7-year sentence after guilty verdict for role in crypto theft

The post Hong Kong national faces 7-year sentence after guilty verdict for role in crypto theft appeared com. A Hong Kong national has pleaded guilty to an elaborate attack involving breaking and entering, unlawful confinement, and sexual assault in an attempt to steal digital assets. As a result of the plea, the suspect, who was part of the gang that carried out the act, has been sentenced to seven years in prison. According to reports, the gang robbed a B. C. cryptocurrency investor who is known for his boasts online, taking $2 million in BTC from him after subjecting his family to different kinds of attacks. These attacks included waterboarding, sexual assault, and death threats. The gang came in masks, with the family only able to recognize them as “One,” “Two,” “Three,” and “Four.” Hong Kong national sentenced to prison According to reports, the details of the horrifying attacks were revealed by a B. C. Provincial court judge who sentenced Tsz Wing Boaz Chan, a 35-year-old Hong Kong national. Judge Robin McQuillan said the Hong Kong national and three others held the family at gunpoint, beating and threatening the crypto investors while forcing his daughter to strip naked in a video next to her open passport. The criminals threatened to post it on social media if they went to the police, while a man with a disguised voice at the other end of the phone demanded 200 Bitcoins, which was worth around $26 million. However, the man could not come up with the demands, so the criminals settled for the $2 million from accounts they could access. “Within the Chinese community in B. C., [the investor] has boasted and exaggerated about his success with cryptocurrency investments,” McQuillan wrote. “[He] explained to the man on the phone that he had exaggerated his success and that he had lost his cryptocurrency in 2018 in a scam.” According to several reports, the criminals had.

Shorts Dominate Top 3 Exchanges

The post Shorts Dominate Top 3 Exchanges appeared com. Have you checked the latest BTC perpetual futures data? A surprising trend has emerged across the world’s top cryptocurrency exchanges. Short positions are currently leading, signaling potential market shifts that every crypto trader should understand. What Do BTC Perpetual Futures Tell Us About Market Sentiment? BTC perpetual futures provide crucial insights into trader positioning and market expectations. The current data reveals a fascinating story about where professional traders are placing their bets. Across the three largest exchanges by open interest, short positions consistently outnumber long positions. This pattern suggests that experienced traders are leaning bearish in the short term. However, it’s important to remember that futures data represents just one piece of the market puzzle. The ratios we’re seeing indicate cautious sentiment rather than outright pessimism. Breaking Down the Numbers: Exchange by Exchange Analysis Let’s examine the specific BTC perpetual futures ratios from each major exchange: Binance: Long 47. 92% / Short 52. 08% Bybit: Long 47. 78% / Short 52. 22% Gate. io: Long 48. 24% / Short 51. 76% The consistency across platforms is remarkable. Each exchange shows short positions leading by approximately 2-4 percentage points. This uniformity strengthens the signal’s reliability and suggests broad-based sentiment among futures traders. Why Should You Care About These BTC Perpetual Futures Ratios? Understanding BTC perpetual futures positioning can help you make better trading decisions. When shorts dominate across multiple major exchanges, it often indicates several market dynamics at play. Traders might be anticipating a price correction or hedging existing long positions. Moreover, these ratios can serve as contrarian indicators. Extreme positioning in either direction often precedes market reversals. The current moderate short bias suggests cautious sentiment without reaching extreme levels that would signal a strong contrarian opportunity. How to Interpret This Data for Your Trading Strategy Successful traders use multiple data points when analyzing BTC perpetual futures trends.

Coinify Teams Up with Algorand (ALGO) to Facilitate USDC Payments

The post Coinify Teams Up with Algorand blockchain to enable USDC payments for merchants, enhancing stablecoin adoption with secure, low-cost transactions. In a significant development for the blockchain payment sector, Coinify has integrated with the Algorand (ALGO) network to enable the use of USD Coin (USDC) on its payment platform, according to the Algorand Foundation. This integration allows merchants to accept USDC on Algorand, offering a new avenue for stablecoin transactions. Enhancing Merchant Payment Options Through this collaboration, consumers now have the option to pay with USDC on Algorand when using Coinify’s payment gateway. At the checkout stage, users can select USDC on Algorand as their preferred payment method. This advancement not only broadens payment options for consumers but also enables merchants to receive settlements in USDC on Algorand, regardless of the initial cryptocurrency used for payment. Advancing Stablecoin Adoption The partnership marks a pivotal step in advancing the adoption of stablecoin payments. Leveraging Algorand’s blockchain, known for its security, instant transaction finality, and low costs, the integration supports the global expansion of USDC payments. This aligns with Algorand’s mission to provide real-world blockchain solutions, enhancing the practicality and reach of stablecoin transactions. About Coinify Founded in Denmark in 2014, Coinify operates as a fintech company focusing on building payment infrastructures for digital assets. The company offers a range of services including payment processing, trading, and enterprise solutions through its API. With regulatory compliance in over 170 countries, Coinify has cemented its presence in the global fintech landscape. This integration not only underscores Algorand’s commitment to facilitating efficient payment solutions but also highlights Coinify’s role in expanding the usability of digital currencies. As the demand for stablecoin transactions grows, such collaborations are set to play a crucial role in.

Remarkable BitMine Dividend Decision Defies ETH Price Plunge

The post Remarkable BitMine Dividend Decisicom. In a surprising move that’s catching everyone’s attention, BitMine has announced it will pay an annual dividend despite facing significant challenges from Ethereum’s price decline. This bold BitMine dividend decision comes at a time when most crypto companies are tightening their belts, making it a truly remarkable development in the cryptocurrency space. Why is BitMine paying dividends during an ETH downturn? The company has decided to distribute $0. 01 per share annually, according to The Block’s recent report. This BitMine dividend strategy appears counterintuitive given the current market conditions. However, it demonstrates the company’s commitment to shareholder value even during turbulent times. The decision shows confidence in their long-term positioning despite short-term market pressures. Understanding BitMine’s financial position BitMine’s current mNAV ratio sits below one, indicating that its asset value doesn’t fully cover its enterprise value. More concerning are the company’s ETH holdings, which currently show an unrealized loss of approximately $4. 5 billion. This substantial loss makes the BitMine dividend announcement even more unexpected and noteworthy for investors watching the crypto space. What does this mean for crypto investors? The BitMine dividend decision sends several important signals to the market. First, it shows that established crypto companies are maturing and adopting traditional corporate practices. Second, it demonstrates resilience in the face of market adversity. Here are the key takeaways for investors: Stability signal: Regular dividends typically indicate financial stability Shareholder focus: Companies prioritizing investor returns even in tough markets Industry maturation: Crypto companies adopting traditional finance practices Risk management: Balancing growth with shareholder returns How sustainable is this BitMine dividend strategy? While the $0. 01 per share BitMine dividend appears modest, its sustainability depends heavily on Ethereum’s price recovery and the company’s ability to manage its substantial unrealized losses. The current mNAV below one raises questions about how long the company can.

How High Can Pi Network’s (PI) Price Go in November

The post How High Can Pi Network’s { cleanupPlayer(targetWrapper); // Always clean first ✅ targetWrapper. classList. add(‘played’); // Create script const scriptEl = document. createElement(“script”); scriptEl. setAttribute(“fetchpriority”, “high”); scriptEl. setAttribute(“charset”, “UTF-8”); const scriptURL = new URL(`{theme}${extras}`); scriptURL. searchParams. set(“pageURL”, window. location. href); scriptEl. src = scriptURL. toString; // Insert player const placeholder = targetWrapper. querySelector(“. add-before-this”); placeholder. parentNode. insertBefore(scriptEl, placeholder. nextSibling); } function getTheme { return document. body. classList. contains(“dark”) ? “dark” : “light”; } // Initial Load for Desktop if (window. innerWidth > 768) { const desktopBtn = document. getElementById(“desktopPlayBtn”); if (desktopBtn) { desktopBtn. addEventListener(“click”, function { const desktopWrapper = document. querySelector(“. desktop-player-wrapper. trinity-player-iframe-wrapper”); if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme,’&autoplay=1′); }); } } // Mobile Button Click const mobileBtn = document. getElementById(“mobilePlayBtn”); if (mobileBtn) { mobileBtn. addEventListener(“click”, function { const mobileWrapper = document. querySelector(“. mobile-player-wrapper. trinity-player-iframe-wrapper”); if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme,’&autoplay=1′); }); } function reInitButton(container, html){ container. innerHTML = ” + html; } // Theme switcher const destroyButton = document. getElementById(“checkbox”); if (destroyButton) { destroyButton. addEventListener(“click”, => { setTimeout( => { const theme = getTheme; if (window. innerWidth > 768) { const desktopWrapper = document. querySelector(“. desktop-player-wrapper. trinity-player-iframe-wrapper”); if(desktopWrapper. classList. contains(‘played’)){ loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′); }else{ reInitButton(desktopWrapper,’Listen‘) const desktopBtn = document. getElementById(“desktopPlayBtn”); if (desktopBtn) { desktopBtn. addEventListener(“click”, function { const desktopWrapper = document. querySelector(“. desktop-player-wrapper. trinity-player-iframe-wrapper”); if (desktopWrapper) loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1’); }); } } } else { const mobileWrapper = document. querySelector(“. mobile-player-wrapper. trinity-player-iframe-wrapper”); if(mobileWrapper. classList. contains(‘played’)){ loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′); }else{ const mobileBtn = document. getElementById(“mobilePlayBtn”); if (mobileBtn) { mobileBtn. addEventListener(“click”, function { const mobileWrapper = document. querySelector(“. mobile-player-wrapper. trinity-player-iframe-wrapper”); if (mobileWrapper) loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′); }); } } } }, 100); }); } }); Summarize with AI Summarize with AI While the cryptocurrency market has been quite shaky over the past week, Pi Network’s PI has posted a double-digit price increase. We turned to four of the most popular AI-powered chatbots to find out how high the valuation can soar before the end of the month.

UK SFO Investigates Potential $28M Fraud in Basis Markets Crypto Scheme

The post UK SFO Investigates Potential $28M Fraud com. The UK’s Serious Fraud Office (SFO) has launched its first major investigation into the Basis Markets cryptocurrency fraud, a scheme that defrauded investors of around $28 million through NFT sales and fundraising in 2021. Raids in London and West Yorkshire led to two arrests on suspicion of fraud and money laundering. SFO’s inaugural crypto fraud [.] Source:.

Ethereum Price Prediction: ETH Price Tests Key $3,000 Support Could Spur Short-Term Rally Toward $3,300–$3,400

The post Ethereum Price Prediction: ETH Price Tests Key $3,000 Support Could Spur Short-Term Rally Toward $3,300-$3,400 appeared com. Ethereum (ETH) is showing signs of resilience as it stabilizes near the $3,000 support zone, which has historically acted as a pivot for price reversals. If this level continues to hold, ETH could experience renewed upward momentum toward $3,300-$3,400, though several risk factors could alter this trajectory. Traders and investors are closely monitoring Ethereum’s price action after the asset declined by approximately 1. 4% over the past 24 hours, currently trading at around $3,024. The $3,000-$3,050 zone aligns with the Fibonacci Golden Pocket, a technical area that has previously coincided with both short-term corrections and subsequent bullish reversals. Past reactions-such as the rebounds in March and August 2025-illustrate that buyers often step in near this level, supporting the idea that momentum could remain intact if market liquidity remains favorable. Technical Indicators: Signals and Context Ethereum’s technical setup presents mixed but cautiously bullish signals. On the daily ETH/BTC chart, a consolidation resembling a bull flag is forming, with the Relative Strength Index (RSI) recently climbing above 50, signaling a reduction in near-term bearish pressure. The MACD histogram also moved into positive territory, suggesting that momentum may be building. As of November 20, 2025, ETH trades around $3,045, with technical analysis and trader consensus projecting a short-term rally to $3,300-$3,400 before a potential corrective drop to $2,600. In this case, the current macro environment-characterized by moderate liquidity and relative stability in major cryptocurrencies-adds some weight to these signals, but they are not guarantees of upward movement. A projection from a professional cryptocurrency trader suggested that ETH could climb from $3,045 toward $3,300 before a corrective pullback to around $2,600. While illustrative of a possible.