Из жизни альткоинов

Bitcoin has entered a critical phase, with the price falling from the $110,000 region to below $100,000 in under 48 hours. The sharp decline reflects mounting fear across the market as aggressive selling pressure forces short-term holders to capitulate.

What began as a controlled retracement has quickly evolved into panic-driven behavior, with traders rushing to exit risk exposure. As volatility spikes and sentiment deteriorates, market participants are closely monitoring key support levels to assess whether Bitcoin can stabilize or whether a deeper downside is still ahead.

According to top on-chain analyst Axel Adler, loss-making transactions among short-term holders are surging during this downturn. The 7-day Short-Term Holder Spent Output Profit Ratio (STH-SOPR) currently sits at 0.9904, indicating that most coins moved by newer holders are being sold at a loss. This sustained breakdown below the critical parity level (1.0) signals that reactive market participants are offloading positions under stress, reinforcing the narrative of fear and liquidation-driven selling.

While this surge in realized losses highlights panic behavior, it also historically occurs near cycle stress points where weaker hands exit the market. The coming days will determine whether this capitulation pressure exhausts sellers — or whether further losses still lie ahead.

Short-Term Holder Stress Rising, But Not at Capitulation Levels Yet

Axel Adler highlights that although Bitcoin is under meaningful sell pressure, current on-chain stress has not yet reached full capitulation. The STH-SOPR Z-score sits at −1.29, signaling growing loss realization among short-term holders. This negative reading confirms mounting sell-side momentum, yet Adler notes that the stress level is still moderate compared to previous major flushes.

For context, during the heavy correction in August 2024, the STH-SOPR dropped to 0.9752 with a Z-score of −2.43 — a reading consistent with deep capitulation. By comparison, today’s metrics reflect pain and fear, but not a full exhaustion of sellers. This important distinction suggests the market may still be in the middle phase of its correction rather than at its terminal point.

Data also shows a steady climb in loss-making activity over recent weeks, illustrating a sustained shift in sentiment as traders unwind positions. While the SOPR momentarily flipped above parity to 1.0005 at the end of October — hinting at attempted recovery — renewed selling in early November quickly invalidated that momentum. Still, metrics have not yet revisited previous extremes.

In essence, the market remains under pressure, but the classic wash-out signal of complete capitulation has not fully triggered — leaving room for either further downside, or a potential stabilization should buyers reclaim control.

Price Action Analysis: Testing Deep Support After Sharp Breakdown

Bitcoin is attempting to stabilize after a sharp breakdown that sent the price below the psychological $100,000 level. The daily chart shows a notable acceleration in selling momentum, with multiple long-bodied bearish candles forming on rising volume — a clear sign of aggressive distribution. After losing the $110,000 region last week, buyers failed to defend the cluster of support around the 100-day and 200-day moving averages, resulting in a swift move down toward deeper demand.

Price briefly dipped under $99,000 before reclaiming the area, suggesting initial buyer interest near these lower supports. However, the recovery so far lacks strength, with candles closing weak and the 50-day and 200-day moving averages now sloping downward above price — a structurally bearish alignment for the short term. The prior key demand zone around $105,000–$107,000 has flipped into resistance, and Bitcoin must reclaim this range to shift momentum.

For now, BTC trades in a vulnerable posture, and failure to build support above $100,000 could expose the next liquidity pocket toward $96,000–$98,000. Still, the sharp volume spike at the lows may indicate early accumulation attempts. A sustained bounce requires buyers to step in decisively and defend current levels as the market tests conviction under stress.

Featured image from ChatGPT, chart from TradingView.com

With a Solana Spot ETF now in the market, prominent figures and companies are significantly pushing for an XRP Spot ETF, considering it the next big thing for the crypto landscape. As the approval date draws closer, several companies, such as Grayscale, are refining their regulatory approach.

Grayscale Sharpens Its XRP ETF Strategy

Given the wave of fresh applications, the race for an XRP Spot Exchange-Traded Fund (ETF) continues to heat up in the crypto sector. One of the most recent moves to ensure that the funds secure an approval from the United States Securities and Exchange Commission (SEC) is being carried out by Grayscale, a leading asset management firm.

Grayscale has officially reignited a frenzy in the investment landscape after filing an updated amendment for its proposed XRP Spot ETF. John Squire, a crypto influencer and investor, reported that bold move, which suggests that it is actively improving its regulatory strategy. Squire added that “the walls are closing in, and mainstream adoption is inevitable” for the altcoin.

Despite the heightened industry scrutiny around the SEC’s cryptocurrency-related judgments, the amended proposal indicates corporations are making a strong effort toward the fund. It is worth noting that the US SEC is expected to pass its decision regarding the fund within this month.

While an approval from the regulatory body is certainly not assured yet, the move to file for an amendment underscores Grayscales’ conviction that the spot ETF launch is not a question of if, but rather when. 

The submission states that the trust’s goal is to provide investors with exposure to XRP through shares that follow the market value of the digital asset. According to the filing, the trust is set up in accordance with Delaware law and, subject to regulatory permission, intends to list on NYSE Arca under the symbol GXRP.

In connection with the formation and redemption of Baskets, the Trust is now allowed to accept Cash Orders (as defined above), under which an Authorized Participant will deposit cash into or accept cash from the Cash Account. Furthermore, XRP will be obtained or received in exchange for cash in connection with such an order by a third party (a Liquidity Provider) that is not an agent of or working in any other capacity on behalf of such an Authorized Participant.

A Game-Changing Initiative For The Altcoin

Currently, the idea of an XRP Spot ETF is sending shockwaves throughout the community. Several crypto enthusiasts now believe that the US SEC will grant approval to the anticipated fund by this month, a move that will change the course of the token.

According to Ripple Bull Winkle, the XRP Spot ETF is going live 100% on November 13. “The wait is over, the floodgates are opening,” the expert added. Ripple Bull Winkle highlighted that institutional capital is about to pour into the altcoin in an unprecedented manner, which is what the market has been waiting for.

Coinbase filed for a national trust company charter in October 2025, a step the company says would let it offer custody and trust services under federal supervision rather than a patchwork of state rules.

Reports show that the move immediately drew a formal challenge from the industry group representing many community banks.

Coinbase Seeks A National Trust Charter

According to public filings and market coverage, Coinbase’s application names a subsidiary intended to operate as a national trust company.

The company says the charter would help clients get regulated custody for crypto assets and make interactions with the broader financial system simpler.

Regulators typically take time on these filings; some reports estimate the Office of the Comptroller of the Currency could take 12 to 18 months to complete its review.

Bank Lobbying And The Argument For Caution

The Independent Community Bankers of America (ICBA) lodged a formal letter arguing the application should be denied or given more time for public review.

Based on the ICBA letter, the group raised three main concerns:

– Coinbase’s custody approach is untested for a bank-style duty

– that the business may struggle to make money in a prolonged market downturn

– federal receivership tools might not work well if such an entity were to fail.

Coinbase’s filings were cited in the ICBA submission as part of the basis for those points.

Imagine opposing a regulated trust charter because you prefer crypto to stay … unregulated. That’s ICBA’s position. It’s another case of bank lobbyists trying to dig regulatory moats to protect their own. From undoing a law to go after rewards to blocking charters, protectionism… https://t.co/200LCbMGa9

— paulgrewal.eth (@iampaulgrewal) November 4, 2025

Coinbase Pushes Back On Claims Of Protectionism

According to Coinbase’s Chief Legal Officer Paul Grewal, the opposition reads like a push to keep crypto activities out of a regulated banking framework.

On social media, he wrote a pointed line arguing critics seem to prefer crypto staying unregulated — a comment widely reported by industry press.

“Imagine opposing a regulated trust charter because you prefer crypto to stay… unregulated,” Grewal said in an X post.

“That’s ICBA’s position. It’s another case of bank lobbyists trying to dig regulatory moats to protect their own,” he pointed out.

Company spokespeople say they are seeking a regulated route, not to become a full commercial bank, and that a trust charter fits the services they want to provide.

What Approval Or Denial Could Mean

If the OCC approves Coinbase’s charter, other crypto firms might follow, and a federal trust model could become more common for custody services.

If The OCC thumbs down or substantially delays the application, crypto firms may keep relying on state charters, partnerships, or other workarounds.

Industry analysts and trade groups are watching because the decision could shape whether major crypto firms move into federally supervised trust roles.

What Happens Next

The ICBA letter is dated in early November 2025 and the OCC has not released a public decision.

The regulator’s review period will include requests for additional information and time for public comment in some cases, so the process can stretch across many months.

Featured image from Gemini, chart from TradingView

Bitcoin’s Relative Strength Index (RSI) has just dropped below 50, sparking major concerns that the BTC price might be heading for another major correction. This move has also prompted analysts to closely watch for signs of an increased sell-off, as they decipher what the new RSI level means for the market. Historically, when the RSI of BTC falls below this level, it often leads to a significant price crash. This suggests that if past patterns were to repeat, Bitcoin could be gearing up for further breakdowns. 

RSI Drop Signals Potential Bitcoin Crash

Crypto analyst Tony Severino has taken to X social media to announce that Bitcoin could see capitulation this month. His prediction is accompanied by a chart showing Bitcoin’s RSI falling to 48.19 on the BTC/Gold ratio. The last few times this happened, the leading cryptocurrency experienced steep capitulation of more than 40%. 

Based on the analyst’s insight, this familiar decline in RSI could be a sign that Bitcoin is about to face another rough patch, as the market reacts to weakening momentum. He explained that this type of move often marks a turning point, where investors lose confidence and selling accelerates. 

Severino’s chart analysis suggests that while RSI dropping below 50 is a strong warning signal, it’s only the beginning of a potential downturn. He notes that past bear markets typically bottom out months after this decline, meaning there could still be more time before Bitcoin hits its lowest point. 

Nevertheless, Severino’s analysis concludes that the Bitcoin price is headed for a challenging phase that could lead to further declines. Recently, the cryptocurrency shed more than 10% of its value following a large-scale liquidation that shook the crypto market. Its price has broken down to $101,756 at the time of writing and is showing no apparent signs of recovery during this ongoing market slump. 

Why 2026 Could Be The Ideal Time To Buy BTC

While Severino’s short-term outlook for Bitcoin appears uncertain, he has provided a long-term strategy for investors and traders looking to capitalize on future price dips. In a prior chart analysis, he suggested that the ideal time to start Dollar-Cost Averaging (DCA) into Bitcoin would be after October 2026, when the cryptocurrency could be priced around $48,000 to $50,000.

The analyst has based this prediction on Bitcoin’s historical cycles, which have followed a regular pattern of price increases and declines. Severino believes that if this cyclical rhythm continues, BTC could find support near the “50-month Moving Average (MA) with a 10% envelope.” If this happens, 2026 would be the perfect time for long-term investors to begin buying, as the market would have likely undergone a significant correction, which the analyst forecasts could be a 61.8% decline from BTC’s current price of above $101,800.

In a shocking and devastating development, the price of Bitcoin has fallen back to the key $100,000 price mark after months of trading above the level. BTC’s ongoing robust decline has triggered a wave of uncertainty in the market, causing large investors to offload their coins. However, short-term or retail investors are unfazed by the drop as they go on a BTC buying spree.

A Difference In Action Between Big And Small Bitcoin Investors

As the Bitcoin price continues its downward move back to key support levels, a stark difference has been observed among large and small investors. Amid the ongoing wave of volatility, large BTC holders or whales continue to dump their holdings, triggering speculation about short-term uncertainty among dominant holders.

At the same time, small investors have accumulated at a significant rate, a move that indicates that these investors are viewing the ongoing downward trend as an ideal entry point. Santiment, a leading on-chain data analytics platform, shared this discrepancy between the two sets of investors on the X platform, which reflects a shift in BTC ownership.

Santiment stated by pointing to BTC’s bearish price action, falling to the $101,000 level. A move that has sparked worries among traders that the flagship asset may fall below the $100,000 threshold for the first time since June 22.

During this persistent price decline, whales and sharks have sold 38,366 BTC since October 12, resulting in a -0.28% decrease in their total holdings. This sell-off is observed among wallet addresses containing between 10 and 10,000 BTC, a group that collectively holds over 68.5% of BTC’s overall supply.

Meanwhile, shrimp with less than 0.01 BTC have amassed 415 BTC within the same time frame, indicating a +0.85% growth in their positions. Specifically, these are wallet addresses holding just 0.25% of the total supply of BTC. Santiment highlighted that bulls must witness a complete reversal of this trend in order to anticipate a long-term price increase for all cryptocurrencies. The reason is that markets tend to rise when key stakeholders accumulate BTC that smaller holders shed.

In the meantime, the platform claims that shrimp or micro traders need to display capitulation and fear, which will cause them to lose patience and sell off their coins at a loss, allowing whales to resume accumulation. When this happens, which Santiment strongly believes will occur, it will indicate a market bottom and the best opportunity to purchase. 

BTC Among Top Trending Cryptos

According to Santiment’s data, Bitcoin is among the leading trending assets in the market. This is because the asset closed October in the red for the first time since 2018, ending its long winning streak. Also, bears have exerted pressure on the market with massive sell-offs from whales and long-term holders.

Even though BTC began November on a bearish note, historical data suggest that this month usually precedes strong gains. However, Santiment urges traders to be cautious and watch for signs of a bullish reversal.

The XRP price crash this week has stirred up a lot of discussion in the crypto community, eliciting mixed reactions from key players and the broader crypto community. While XRP’s decline is undeniable, a prominent validator within the ecosystem has weighed in on the situation, arguing that the price decline is part of a larger market downtrend affecting all cryptocurrencies. 

XRP Price Crash Reflects Broader Market Struggles

According to Vet, an XRP Ledger (XRPL) dUNL validator, the recent price drop in XRP should not be viewed in isolation. On Tuesday, November 4, he took to X social media to highlight that cryptocurrencies are currently facing a downturn. “Everything is red, not just XRP,” Vet said, stressing that XRP’s price crash is a broader reflection of ongoing turmoil within the crypto market.

Vet believes that getting caught up in the endless debate that the XRP price action is a distraction from the bigger picture. Rather than being baited, he encourages XRP community members to use their time to expand their knowledge and insights into the crypto industry and XRP’s technology. The XRPL validator maintains an optimistic outlook for XRP, asserting that the market is “not going anywhere,” even with the recent crash and ongoing volatility. 

Notably, Grape, an XRP validator, shared similar thoughts. While acknowledging that XRP has definitely been affected by the widespread market decline, he agreed that now is not the time for pointless, heated arguments over the token’s price. Instead, he urged people to focus on the long-term vision, which is “building.” 

Currently, the broader crypto market crash has affected not just the XRP price, but Bitcoin and prominent altcoins like Ethereum, Solana, and others. With ongoing price pressure and corrections, it remains to be seen if optimism will continue to hold among analysts and crypto community members. 

Why The Crypto Market Is Experiencing A Bloodbath

Looking beyond the XRP price, the entire cryptocurrency market is in a state of disarray, with sentiment at a record low. In the past 48 hours, crypto analyst Ray noted that $2.1 billion in crypto positions, both long and short, have been liquidated. This comes just a few weeks after the more than $19 billion liquidation event that took place on October 10. 

Within the last few days, Ethereum has dropped 14% in a single day, and BTC is trading at its lowest level in four months. At the time of writing, Bitcoin is priced slightly above $101,500, reflecting a 10.2% crash this week and a 2.8% slump in the past 24 hours. The XRP price, currently trading at $2.25, has also declined by more than 14% over the past week and by over 2% in the last 24 hours. 

The broader market crash has left many analysts and crypto traders concerned. Ash Crypto, a prominent analyst, has highlighted that $267 billion has been wiped ouat from the crypto market this week alone. With the market red across the board, the analyst calls this the “shittiest bull market ever.”

Additionally, market sentiment is at a record low. Joao Wedson, founder and CEO of Alphractal, shared that negativity is at its highest point since April. He pointed out that such intense negative sentiment is often a signal of an imminent price bottom. 

On Wednesday, blockchain payment giant Ripple announced a major $500 million investment, which elevated its valuation to $40 billion. The funding came from a consortium of major institutions, including Fortress Investment Group, Citadel Securities affiliates, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.

Ripple’s Strategic Expansion

Brad Garlinghouse, CEO of Ripple, emphasized that this investment underscores the company’s momentum and reinforces the market opportunities they are “aggressively” pursuing. He noted: 

We started in 2012 with one use case—payments—and have since expanded into custody, stablecoins, prime brokerage, and corporate treasury, leveraging digital assets like XRP. Today, Ripple stands as the partner for institutions looking to access crypto and blockchain.

Ripple also highlighted its rapid growth, having completed six acquisitions in just over two years, including two valued at over $1 billion. These strategic moves have allowed the company to expand its influence across payments, custody, and stablecoins while venturing into new markets.

RLUSD Surpasses $1 Billion Market Cap

This announcement follows Ripple’s recent launch of its digital asset spot prime brokerage services for the American market, which enables US-based institutional clients to conduct over-the-counter (OTC) spot transactions across various digital assets, including XRP and the firm’s stablecoin, RLUSD. Notably, RLUSD achieved a market cap exceeding $1 billion in under a year since its launch.

Additionally, Ripple has completed the acquisition of Hidden Road, now rebranded as Ripple Prime, where RLUSD is already being utilized as collateral. 

Since the acquisition was announced, client collateral has doubled, and the average daily transaction volume has soared to more than 60 million, effectively tripling the business’s size. 

At the time of writing, XRP’s valuation increased following the announcement. It is currently trading at $2.27, which is a 4% surge within the last 24 hours. However, the altcoin has lost nearly 14% over the past week due to uncertainty and volatility affecting crypto prices. 

Featured image from DALL-E, chart from TradingView.com 

Crypto pundit Butcher has suggested that Binance and market maker Wintermute may be responsible for the Bitcoin and Ethereum price crashes. The pundit also alluded to the October 10 crypto market crash and how both firms contributed to the crash. 

Pundit Blames Binance and Wintermute For Bitcoin and Ethereum Price Crashes

In an X post, Butcher alleged that Binance and Wintermute are responsible for the recent Bitcoin and Ethereum price crashes. He explained that in the past 30 days, these firms have traded $34.5 billion between themselves. The pundit further revealed that the crypto exchange sends BTC and ETH in chunks of $10 million to $100 million to Wintermute wallets hours before every major dump. Wintermute then sells these coins on the market, triggering a cascade of liquidations. 

Butcher stated that Binance and Wintermute used this playbook during the October 10 Bitcoin and Ethereum price crash, which contributed to the $19 billion liquidation event. He revealed that on that day, Wintermute received $700 million from Binance, and then spot sell walls appeared on every pair, followed by $19 billion in longs liquidated in 90 minutes. 

The pundit claimed that Wintermute bought back these coins at a 30% discount. He noted that Binance benefits by pocketing the funding rate fees while Wintermute pockets the spread. Butcher further alleged that both firms used a similar playbook during last week’s Bitcoin and Ethereum price crash, dumping $1.14 billion in BTC. This resulted in $1.16 billion in liquidations. 

The Bitcoin and Ethereum price have extended their decline this week, with BTC dropping below $100,000 yesterday for the first time since June. ETH also dropped to as low as $3,100 on the day, recording a 10% loss in the process. Butcher again claimed that Binance was responsible for the crash, stating that there was “total manipulation” from the crypto exchange.  This came as he declared that retail investors weren’t responsible for the selling pressure. 

Market Still Expected To Bounce Back

Market expert Raoul Pal suggested that the crypto market is still going to bounce back despite the Bitcoin and Ethereum price crashes. He expects the bull market to resume when the U.S. government shutdown ends, noting that the shutdown is currently causing a sharp tightening of liquidity. 

Pal noted that the global liquidity is still on the rise, suggesting that some of this liquidity could spark a bounce in the Bitcoin and Ethereum prices once the shutdown ends. The expert further remarked that the treasury could spend up to $350 billion in a couple of months once the shutdown ends and quantitative easing begins. The dollar is also expected to weaken once liquidity begins to flow, which is a positive for the crypto market. 

Franklin Templeton has filed an updated registration statement for its proposed spot XRP exchange-traded fund, becoming the third issuer in recent days to tweak the pivotal “8(a)” effectiveness language that governs when an S-1 can go live. Bloomberg’s James Seyffart flagged the change and its timing, writing: “NEW: Franklin Templeton files updated XRP ETF s-1 with shortened 8(a) language. Looking to launch this month.”

The move follows a quickening cadence of XRP ETF edits. On October 31, Bitwise filed another amendment to its S-1—its fourth since the initial 2024 submission—an update observers characterized as one of the last steps before potential effectiveness, with details such as the intended listing venue and a stated management fee included in reporting around the filing.

Separately, smaller issuer Canary Funds removed the standard “delaying amendment” that ordinarily prevents automatic effectiveness, a procedural shift that puts the filing under Section 8(a) of the Securities Act and starts the 20-day clock. “SCOOP: Canary Funds has filed an updated S-1 for its XRP spot ETF, removing the ‘delaying amendment’… This sets Canary’s XRP ETF up for a launch date of November 13, assuming the Nasdaq greenlights the 8-A filing,” journalist Eleanor Terrett posted.

What Seyffart and Terrett are highlighting is a technical but consequential distinction in S-1 drafting. For most offerings, issuers include a delaying clause stating: “The registrant hereby amends this registration statement… to delay its effective date… as the Commission… may determine.” That language keeps the SEC in control of timing.

By shortening or removing it, issuers can allow the registration to become effective automatically after 20 days under Section 8(a), provided all other conditions—chiefly a separate exchange listing approval and the 8-A registration for the class of securities—are satisfied. Franklin’s update is exactly that kind of acceleration attempt.

Franklin Templeton Fast-Tracks XRP ETF For November Launch

Franklin’s XRP trust has been moving through the pipeline since spring. The trust first filed a Form S-1 on March 11, 2025, laying out the product structure, custody with Coinbase Custody for XRP and BNY Mellon for cash, and a Cboe BZX listing plan. That initial filing—and even an August 22, 2025 amendment—still contained the classic delaying clause, underscoring how notable any subsequent change to the 8(a) language would be at this stage.

Bitwise, meanwhile, has been iterating as well. SEC records show multiple S-1 amendments for the Bitwise XRP ETF through October, including venue and fee disclosures; third-party trackers.

The procedural backdrop matters because of the autumn regulatory environment. After an SEC operations slowdown tied to the October government shutdown, several crypto ETPs exploited the 8(a) pathway to go effective on a set timetable by removing delaying language. Issuers who had already substantially engaged with the Commission used the statutory 20-day mechanism to advance products despite administrative bottlenecks, enabling the launch of spot Solana (SOL) and Hedera (HBAR) ETFs last week.

For XRP specifically, today’s question is not whether a single update guarantees a green light—S-1 effectiveness, an effective Form 8-A, and a completed exchange approval still need to intersect—but whether three different issuers are now aligned on a path to list in November if no new regulatory objections arise.

Terrett summarized the scoreboard succinctly: “And another one. So far we’ve got @CanaryFunds, @BitwiseInvest and now @FTI_US updating their XRP S-1s.” Her thread, together with Seyffart’s note on Franklin’s “shortened 8(a) language,” captures the market’s interpretation: issuers are positioning for a near-term debut.

The next inflection points are therefore procedural. If Canary’s self-set timeline holds and Nasdaq completes its 8-A onboarding for the class of shares, November 13 is the first plausible listing date for a spot ETF.

At press time, XRP traded at $2.23.

Сенатор-республиканец от штата Вайоминг Синтия Ламмис (Cynthia Lummis) заявила, что единственный реальный способ справиться с растущим госдолгом США — создать стратегический госрезерв биткоинов.

The Bitcoin price has fallen below $100,000 for the first time in four months, wiping out nearly 6% of its value within a single day.  The drop can be attributed to a strengthening US dollar, outflows from Spot Bitcoin ETFs, and massive liquidations across the crypto futures market, causing investors to question whether the long-anticipated bear market has finally arrived.  Notably, Bitcoin’s correction also rippled through the entire crypto sector, where the total market capitalization fell below $3.5 trillion for the first time in months.

Bitcoin Price Crashes Below $100,000

Bitcoin has spent the past 30 days with a lack of clear bullish price action. Although it started October with a rally to break above $126,000 for the first time, which was a new all-time high, the majority of October was highlighted by the leading cryptocurrency struggling to leave the $107,000 to $110,000 price range behind. 

The prolonged period of sideways trading hinted at a lack of strong buying pressure, and the weakness has spilled into November. This has, in turn, caused the leading cryptocurrency to crash below $100,000 in the past 24 hours, albeit only for a short period.

A surging US dollar has become one of the biggest headwinds for Bitcoin’s recent price action. The dollar index, which tracks the dollar’s strength against a basket of major currencies, climbed above 100 for the first time since August. This move reflected growing investor preference for safer assets, especially as uncertainty around the Federal Reserve’s next interest-rate decision continues to hang over global markets. 

The impact of this has been most visible in the crypto sector, where confidence has eroded quickly. Bitcoin and Ethereum fell massively as traders exited leveraged positions en masse. The sudden sell-off created a chain reaction of liquidations across exchanges that wiped out billions of dollars in futures positions within hours. 

In Bitcoin’s case, its market cap dropped by as high as 5.8% in just 24 hours, falling to around $2 trillion. Trading activity has surged massively during the downturn, crossing over $100 billion.

Is A Bear Market On The Horizon?

The crash below $100,000 opens up questions about whether the bear market has officially begun. The Bitcoin price is still up 8% on a yearly basis, but the scale of recent losses alongside the rising US dollar index points to a more cautious phase ahead. At the time of writing, Bitcoin has already rebounded above $100,000 and is now pushing towards $102,000. The rebound means that a section of traders has seized the opportunity to accumulate more during the dip, and Bitcoin is now trading at $101,770. 

If the Bitcoin price slips below $100,000 again, then it opens up the possibility of an extended decline towards $90,000. On the other hand, bullish technical analysis shows that the crash caused Bitcoin to touch its 50-week moving average, a level that’s always preceded a new all-time high. 

The last time this support was tested was in April 2025, and what followed was a powerful rebound that sent the Bitcoin price soaring more than 50% to reach $125,000 in the months that followed.

According to Bitcoin analyst Willy Woo, Strategy (MSTR) is unlikely to be forced to sell its Bitcoin in the next major market downturn. Strategy holds about 641,205 Bitcoin, a stake worth roughly $64 billion at current prices, according to Saylor Tracker.

Convertible Debt Gives Flexibility

Strategy’s debt is mostly in convertible senior notes that carry a holder put right dated Sept. 15, 2027. Based on Woo’s calculations, Strategy would need its stock to trade above $183 around that date to avoid selling Bitcoin to meet obligations.

That stock level lines up with a Bitcoin price near $91,502, assuming a multiple net-asset-value (mNAV) of 1. The company can settle conversions with cash, common stock, or a mix of both, and that choice gives management breathing room when markets wobble.

MSTR liquidation in the next bear market? I doubt it,

Here’s their debt, the date the debt is due and the price MSTR stock needs to exceed to prevent partial liquidation of their BTC treasury to pay the debt. Equivalent BTC price assumes mNAV 1.0 pic.twitter.com/AzVgecI7i2

— Willy Woo (@woonomic) November 4, 2025

Market Moves Put Pressure On Short Timescales

Strategy’s share price closed at $246.99, a seven-month low, down nearly 6.7% on the reported day. Bitcoin was trading at $102,004, down 9% over the past seven days, Coingecko data shows.

Based on reports, some market watchers say it would take a very prolonged and deep decline to force Strategy into selling its Bitcoin. One analyst put it this way: for the firm to liquidate, Bitcoin would need to underperform badly for a long stretch. Those words reflect the view that the company is insulated — but not immune.

Risk Of Partial Sales Looms

Willy Woo did add a warning. He suggested a partial sale could happen if Bitcoin fails to climb quickly during an expected 2028 bull run. Based on reports, that scenario would not be caused by a single bad week, but by a slow recovery that leaves Strategy’s stock weak when debt dates arrive.

Other public forecasts remain far more bullish: ARK Invest’s Cathie Wood and Coinbase CEO Brian Armstrong have both mentioned targets as high as $1,000,000 for BTC by 2030.

Debt Structure And Practical Choices

The convertible note setup means the company does not face an automatic margin call that forces an immediate sale. Conversions can be settled with stock, which shifts the pressure onto MSTR’s share price rather than Bitcoin alone.

However, that linkage also ties Strategy’s fate more tightly to investor appetite for a stock that mirrors Bitcoin’s movement.

Short Term Drops, Long Term Tests

Strategy looks broadly protected against a typical bear market. Yet the math shows a clear cut point: about $1 billion in debt comes due by the holder put date mentioned above.

If Bitcoin and MSTR equity both underperform for an extended period, adjustments may be needed. For now, major analysts say liquidation is unlikely in the next downturn, but they also flag 2028 as a critical year for whether any sales become necessary.

Featured image from Outside Bozeman, chart from TradingView

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สิ่งที่ควรรู้:

• ราคา Bitcoin ร่วงลงมาอยู่เหนือ 100,000 ดอลลาร์เพียงเล็กน้อย ท่ามกลางแรงชำระบัญชีบังคับและความกังวลทางเศรษฐกิจมหภาค
• มีสัญญาฟิวเจอร์สมูลค่ากว่า 2 พันล้านดอลลาร์ถูกชำระบัญชี โดยฝั่ง Long ขาดทุนคิดเป็นสัดส่วนกว่า 80% หรือราว 1.6 พันล้านดอลลาร์
• แม้จะผันผวนสูง แต่นักวิเคราะห์ยังคงมอง Bitcoin ในระยะยาวในเชิงบวก

ราคา Bitcoin ร่วงลงมาแตะระดับเหนือ 100,000 ดอลลาร์เพียงเล็กน้อยในคืนวันจันทร์ ก่อนจะดีดกลับเล็กน้อยมาที่ 101,000 ดอลลาร์ หลังเกิดแรงชำระบัญชีบังคับและความวิตกทางเศรษฐกิจครั้งใหม่ที่ทำให้มูลค่าการเก็งกำไรในตลาดคริปโตหายไปหลายพันล้านดอลลาร์ ในขณะเดียวกันนักวิเคราะห์มองว่า Bitcoin ตอนนี้เสี่ยงปรับฐานและต้องมีปัจจัยใหม่หนุนในการพุ่งครั้งต่อไป

ตามข้อมูลจาก CoinGlass มีการชำระบัญชีสัญญาฟิวเจอร์สในช่วง 24 ชั่วโมงที่ผ่านมาเกินกว่า 2 พันล้านดอลลาร์ โดยเทรดเดอร์ฝั่ง Long คิดเป็นเกือบ 80% ของความสูญเสียทั้งหมด หรือประมาณ 1.6 พันล้านดอลลาร์

การชำระบัญชีเกิดขึ้นเมื่อเทรดเดอร์ที่ใช้เงินกู้ยืมต้องปิดสถานะการเทรด เพราะมาร์จินของพวกเขาต่ำกว่าระดับที่กำหนดไว้ ในตลาดฟิวเจอร์สคริปโต การชำระบัญชีนี้เกิดขึ้นโดยอัตโนมัติ เมื่อราคาขยับสวนทางกับฝั่งที่ถือเลเวอเรจ ระบบจะขายสถานะออกสู่ตลาดเพื่อป้องกันการขาดทุนเกิน

การชำระบัญชีจำนวนมากในฝั่ง Long มักบ่งชี้ถึงภาวะ “ยอมจำนน” ของตลาด และอาจเป็นสัญญาณของจุดต่ำระยะสั้น ในขณะที่การปิดสถานะ Short จำนวนมากมักเกิดขึ้นก่อนถึงจุดสูงสุดระยะสั้นเมื่อแรงโมเมนตัมกลับตัว

นักเทรดยังสามารถใช้ข้อมูลระดับการชำระบัญชีเพื่อระบุโซนที่มีแรงซื้อขายบังคับ ซึ่งมักกลายเป็นแนวรับหรือแนวต้านในระยะสั้น

การชำระบัญชีครั้งนี้ถือเป็นหนึ่งในเหตุการณ์ลดเลเวอเรจที่ใหญ่ที่สุดนับตั้งแต่เดือนกันยายน บ่งชี้ถึงความเปราะบางของตลาดหลังจากราคาที่เหวี่ยงขึ้นลงติดต่อกันหลายสัปดาห์

Bitcoin ร่วงลง 5.5% ในรอบวัน และลดลงกว่า 10% ตลอดสัปดาห์ที่ผ่านมา ETH ร่วง 10% เหลือ 3,275 ดอลลาร์ ส่วน Solana (SOL) และ BNB ลดลง 8% และ 7% ตามลำดับ ขณะที่ XRP, Dogecoin และ Cardano ร่วงลงระหว่าง 5–6%

มูลค่าตลาดคริปโตทั้งหมดลดลงมาอยู่ราว 3.5 ล้านล้านดอลลาร์ ซึ่งเป็นระดับต่ำสุดในรอบกว่าหนึ่งเดือน

Gerry O’Shea หัวหน้าฝ่ายวิเคราะห์ตลาดโลกของ Hashdex กล่าวในอีเมลถึง CoinDesk ว่า Bitcoin ซื้อขายอยู่แถวระดับ 100,000 ดอลลาร์ในวันนี้ ท่ามกลางภาวะตลาดที่นักลงทุนเริ่มหลีกเลี่ยงความเสี่ยง ส่งผลกระทบต่อสินทรัพย์ดิจิทัล หุ้น และสินค้าโภคภัณฑ์ในวงกว้าง

เขาเสริมว่า การคาดการณ์ล่าสุดที่ว่า FOMC อาจไม่ลดอัตราดอกเบี้ยเพิ่มเติมในปีนี้ รวมถึงความกังวลเกี่ยวกับภาษี การเข้าถึงเครดิต และการประเมินมูลค่าหุ้นที่สูงเกินจริง ล้วนเป็นปัจจัยกดดันตลาด นอกจากนี้ การขายจากนักถือ Bitcoin ระยะยาวก็เป็นสิ่งที่คาดการณ์ไว้แล้วในฐานะส่วนหนึ่งของวัฏจักรการเติบโตของสินทรัพย์นี้

ในส่วนของการชำระบัญชี แพลตฟอร์ม Bybit มีมูลค่าการปิดสถานะสูงสุดที่ 628 ล้านดอลลาร์ ตามด้วย Hyperliquid ที่ 533 ล้านดอลลาร์ และ Binance ที่ 421 ล้านดอลลาร์ การปิดสถานะเดี่ยวที่ใหญ่ที่สุดคือ BTC-USDT Long มูลค่า 11 ล้านดอลลาร์บน HTX

แม้ตลาดจะผันผวน แต่นักวิเคราะห์ยังคงเชื่อว่าทิศทางระยะยาวของ Bitcoin ยังเป็นบวก O’Shea กล่าวเพิ่มเติมว่า ระดับ 100,000 ดอลลาร์อาจมีความสำคัญในเชิงจิตวิทยา แต่เราไม่มองว่าการเคลื่อนไหวของราคาวันนี้เป็นสัญญาณของการอ่อนแรงในกรณีลงทุนระยะยาว

ขณะที่ธนาคารกลางสหรัฐยังคงชะลอการปรับลดดอกเบี้ย และความเสี่ยงทั่วโลกยังเปราะบาง นักเทรดมองว่าช่วงไม่กี่วันข้างหน้าจะเป็นบททดสอบสำคัญว่า การดีดตัวของ Bitcoin ครั้งนี้จะกลายเป็นการฟื้นตัวจริงหรือจะเจอแรงขายบังคับระลอกใหม่อีกครั้ง

Bitcoin Hyper ทางรอดใหม่ของตลาดคริปโตท่ามกลางคลื่นล้างพอร์ต

Bitcoin Hyper เป็นโปรเจกต์ Layer 2 ที่ต่อยอดจากความแข็งแกร่งของ Bitcoin โดยผสานระบบความปลอดภัยระดับโลกเข้ากับเทคโนโลยีความเร็วสูง รองรับ Smart Contracts และ dApps พร้อมทำธุรกรรมได้ในต้นทุนที่ต่ำมาก ถือเป็นก้าวสำคัญที่ทำให้เครือข่าย Bitcoin ขยับเข้าใกล้โลกของการใช้งานจริงมากขึ้น

ในช่วงที่ตลาดคริปโตเผชิญแรงชำระบัญชีครั้งใหญ่และราคาผันผวนอย่างหนัก โปรเจกต์อย่าง Bitcoin Hyper กลายเป็นสัญญาณแห่งความหวังของนักลงทุนที่มองไปข้างหน้า เพราะมันสะท้อนให้เห็นว่าการพัฒนา Bitcoin ไม่ได้หยุดอยู่แค่การเก็บมูลค่า แต่กำลังมุ่งสู่การเป็นระบบนิเวศที่สร้างประโยชน์ได้จริง หากทีมพัฒนาเดินตามแผนได้ครบ โอกาสเติบโตในระยะยาวยังเปิดกว้าง

ไปยัง Bitcoin Hyper

Quick Facts:

Analyst Willy Woo has flagged potential liquidation risks in Strategy’s debt structure, marking it as more resilient than in past cycles — a sign of improved structural strength in the large-cap crypto sector. PEPENODE offers a gamified mine-to-earn loop: users buy virtual meme nodes, upgrade facilities, and combine nodes to boost bonuses inside a browser-based server-room simulator. $PEPENODE is currently offered in presale at $0.0011317, via $ETH, $BNB, $USDT or $USDC (ERC-20 & BEP-20) and via card payments for instant ‘buy & stake’ participation. Staking rewards are currently set at 627%. The token’s total supply is 210B, with allocations for public sale and staking rewards. The roadmap includes simulated mining, leaderboards, and cross-meme-coin bonuses.

Macro jitters persist, yet analysts say the next downturn may not trigger the same forced selling that wrecked past cycles.

Bitcoin strategist Willy Woo’s data on Strategy’s leverage indicates that the firm’s position remains safe even under bearish scenarios, a sign of greater structural resilience in today’s crypto market.

With major players better hedged, traders are rotating into emerging tokens like PEPENODE ($PEPENODE), whose staking yields and gamified mining model have driven over $2M in presale inflows. Many now see it as a low-risk speculative play amid market uncertainty.

Analysts say the market is shifting from panic-driven exits to selective accumulation of tokens with utility and community stickiness.

Unlike past meme cycles fueled by hype alone, today’s traders seek a balance between fun and function – tangible rewards, engagement, and yield. Projects that turn participation into measurable in-app outcomes, such as points, staking, or status, are retaining users even during sideways markets.

That’s where $PEPENODE shines. The mine-to-earn memecoin lets players build virtual server rooms, upgrade ‘meme nodes,’ and earn staking bonuses. With over $2M raised, it’s positioned as a gamified economy, not a fleeting meme, rewarding time in-app, not just time in chat.

Investor backing so far suggests that a community is forming around consistent participation rather than short-term speculation —a key differentiator in a choppy 2025 market. PEPENODE ($PEPENODE) — Mine-To-Earn Meme Token With Built-In Staking

PEPENODE’s ($PEPENODE) turns meme culture into a playable economy. Its core loop is refreshingly simple: buy virtual meme nodes, upgrade your server room, and earn rewards through a browser-based mining simulator.

The platform’s three-step interface and leaderboard progression make it instantly accessible while encouraging competition, combining nodes, climbing ranks, and unlocking higher-tier bonuses.

For meme-coin fans tired of passive hype, it offers an interactive, gamified way to earn that keeps users engaged long after the launch buzz has died down.

Currently in presale with tokens priced at $0.001137, over $2M has already been raised, signaling strong early traction. With its mix of DeFi mechanics and game-like incentives, PEPENODE is emerging as one of the best meme coins heading into 2026.

The PEPENODE ($PEPENODE) presale accepts $ETH, $BNB, $USDT, and $USDC (ERC-20 & BEP-20), and even card payments, lowering barriers for first-time buyers.

Staking rewards of up to 627% APY headline the offer, a figure designed to encourage holding and simulator engagement over short-term flipping. That structure fits the ‘safer meme’ narrative favored by traders seeking yield and utility in one place.

The token’s total supply is 210B, with clear allocations for presale and staking rewards. No private rounds or insider allocations are listed, underscoring a community-first approach. Supported wallets include MetaMask, Base Wallet, and Best Wallet for easy participation.

Following the TGE, the roadmap includes the Server Room Builder, node upgrades, and DEX listings, followed by the launch of the Virtual Mining Simulator, where users can earn cross-project bonuses in tokens such as $PEPE or future partner coins.

As with any early-stage token, presale terms and APY may evolve, and long-term success will depend on community participation and platform engagement.

Still, analyst projections suggest strong upside potential — some forecasts place $PEPENODE near $0.0244 by 2030, representing an ROI of over 2,000% from current presale prices.

For investors looking to combine meme-coin energy with DeFi utility, PEPENODE offers a unique blend of gamification, yield, and accessibility.

If you want in, visit the official presale page and buy your $PEPENODE today!

This article is informational only. Always DYOR and assess risks before investing.

Authored by Bogdan Patru, Bitcoinist: https://bitcoinist.com/bear-market-wont-hurt-strategy-pepenode-safe-buy

Con il prezzo di Bitcoin sceso sotto i 110.000 dollari e il crollo che continua ad approfondirsi, sono emerse alcune rivelazioni sul motivo per cui questo sta accadendo proprio ora. In un primo momento, le dita erano puntate contro i venti macroeconomici ribassisti, che hanno messo il mercato delle criptovalute nel mirino. Tuttavia, i dati on-chain mostrano che la spiegazione potrebbe essere molto più semplice: il calo sarebbe dovuto al classico “dumping”. Più precisamente, i mega-whale di Bitcoin di vecchia data stanno iniziando a vendere le loro ingenti riserve.

Gli “OG Whales” di Bitcoin vendono oltre 1,7 miliardi di dollari in BTC

Un post della piattaforma di analisi on-chain Lookonchain ha confermato che il recente calo del prezzo di Bitcoin è stato effettivamente innescato da massicce vendite. Il post evidenzia il movimento di enormi quantità di Bitcoin — dell’ordine di migliaia di unità — verso gli exchange, mentre questi grandi investitori iniziano a incassare i profitti.

Il primo di questi casi riguarda un early whale di Bitcoin, noto solo con lo pseudonimo 1011short, che ha trasferito la sua ingente riserva di BTC su diversi exchange. In totale, la whale ha depositato 13.000 BTC, per un valore complessivo di 1,48 miliardi di dollari al momento del trasferimento. I depositi sono stati effettuati su piattaforme come Binance, Kraken, Coinbase e Hyperliquid, a partire dal 1° ottobre.

Un altro portafoglio molto conosciuto, collegato al primo investitore in Bitcoin Owen Gunden, ha iniziato a muoversi di recente. Il wallet di Gunden ha trasferito 3.265 BTC, per un valore di 364,5 milioni di dollari al momento, anch’essi verso l’exchange Kraken. I movimenti sono iniziati il 21 ottobre e sono proseguiti fino a novembre.

Dopo questi massicci depositi di BTC sugli exchange, il prezzo di Bitcoin ha iniziato a scendere, suggerendo che le vendite siano effettivamente cominciate. Tuttavia, non è possibile prevedere per quanto tempo continueranno, poiché Gunden detiene ancora oltre 700 milioni di dollari in Bitcoin.

Il crollo indica pressione di vendita

Il calo del prezzo di Bitcoin suggerisce che gran parte del volume giornaliero medio — circa 65 miliardi di dollari, secondo i dati di Coinglass — provenga effettivamente dai venditori. Se questa tendenza dovesse continuare e i grandi whale dovessero continuare a scaricare BTC, il prezzo potrebbe precipitare fino alla soglia dei 100.000 dollari.

Tuttavia, con un sentiment già così negativo e con le voci che parlano sempre più di un “top” di Bitcoin, è possibile che la criptovaluta si stia avvicinando a un punto di svolta. Un’improvvisa inversione di tendenza da questi livelli potrebbe innescare una chiusura forzata delle posizioni short, provocando una cascata di liquidazioni e un possibile rimbalzo esplosivo del prezzo.

Заместитель председателя Национального банка Казахстана (НБК) Берик Шолпанкулов рассказал, какими способами мог бы пополняться госфонд цифровых активов в случае его создания.

Senator Cynthia Lummis used an early-morning X post on Nov. 5 (Europe) to endorse a US Strategic Bitcoin Reserve and to praise the administration’s stance. “I truly believe the Strategic Bitcoin Reserve is the only solution to offset our national debt,” she wrote, adding that she “applaud[s] @POTUS and his administration for embracing the SBR, and I look forward to getting it done.”

Where Does The Strategic Bitcoin Reserve Stand?

In a Nov. 4 segment on “Bloomberg Crypto,” Lummis addressed how the reserve would be built and, specifically, whether it would come from selling US gold. “I have not,” she said when asked if there was traction on converting gold into bitcoin. “I think the administration is looking at ideas other than using our gold certificates, marking them to market, and converting them to bitcoin. There are other ways to have a strategic bitcoin reserve other than converting our gold certificates. Secretary Scott Bessent is looking at those matters as well as the folks at the White House.”

She framed bitcoin as a long-term asset: “I’m glad they are embracing the notion of a bitcoin strategic reserve. It is an asset that will grow over time and help offset the burgeoning growth in our national debt.”

Lummis also gave a status update on the crypto market-structure bill, describing day-to-day, bipartisan staff work aimed at clearing issues before a Senate Banking Committee vote. “Right now, we are working at the staff levels every single day […] These are bipartisan discussions […] We are making tremendous progress at that level […] making sure that [the bill] incorporates both-party changes and has been vetted by industry so they will understand what they are being asked to do from a regulatory point of view.”

On Senate Democrats, she said, “We have been working with them since July […] Lately, intensely to make sure they are comfortable with the draft […] These conversations at this point are very successful. They are slower than we hoped,” adding that the goal is to avoid after-the-fact renegotiations.

Asked whether “President Trump’s pardon of the Binance CEO” affected momentum, Lummis separated that episode from policy work. “Not to my knowledge. Market structure is very different from that issue […] We are trying to stay focused on market structure moving forward rather than looking in the rearview mirror.”

Previously, Lummis has outlined the legislative order as stablecoins first (GENIUS Act), then market structure (the CLARITY package), followed by the Bitcoin Reserve bill. Her latest comments keep that sequence intact while signaling White House engagement on the reserve concept and ongoing bipartisan negotiations on the market-structure text.

At press time, Bitcoin traded at $102,080.

핵심내용:

• 비트코인이 어제 10만 달러선을 하회했으며, 중국에 대한 미국의 관세 위협과 미국 정부 셧다운 등의 요인으로 인한 지속적인 불확실성이 영향을 미쳤다.
• 거래자들이 고위험 자산에서 벗어나 스테이블코인으로 자금을 이동하고 있다. 암호화폐 사전판매 역시 낮은 조기 진입 가격과 급등 가능성으로 인해 매력적인 투자처로 부상하고 있다.
• 비트코인 하이퍼가 현재 시장 침체 상황에서 승자 중 하나로 부상했으며, 진행 중인 토큰 사전 판매를 통해 현재까지 2,580만 달러 이상을 모금했다.

비트코인($BTC)이 어제 10만 달러 아래로 떨어졌으며, 불확실성이 암호화폐 시장 전반에 공황을 지속적으로 야기하고 있다. 세계 최대 암호화폐가 이 수준까지 하락한 것은 올해 5월 이후 처음이다.

기회주의자들에게는 이번 폭락이 저점 매수의 좋은 기회가 되고 있다. 일부 최고의 암호화폐 사전판매도 계속해서 상승세를 보이고 있다. 이 중에는 비트코인 하이퍼($HYPER)가 있으며, 현재까지 암호화폐 펀드레이징에서 2,580만 달러 이상을 모금한 상태다.

지난 24시간 동안 17억 4천만 달러 청산되며 트레이더들이 스테이블코인으로 이동

시장에 불확실성이 여전히 드리워진 가운데, 코인글래스 데이터에 따르면 지난 24시간 동안 17억 4천만 달러 상당의 포지션이 청산되었으며, 이 중 롱 포지션이 13억 3천만 달러를 차지했다.

같은 기간 비트코인 포지션은 5억 481만 달러의 손실을 기록했으며, 이는 5억 7,708만 달러 상당의 포지션이 청산된 이더리움($ETH)에 이어 두 번째 규모다.

미국의 대중 관세 위협과 미국 정부 셧다운으로 인한 불확실성 등 다양한 요인들이 비트코인 가치를 끌어내리고 있다.

코인마켓캡의 공포탐욕지수에 따르면 암호화폐 시장이 깊은 ‘공포’ 영역에 있다. 글라이더 CEO 브라이언 황이 디크립트와의 인터뷰에서 언급한 바와 같이, 트레이더들이 고위험 자산에서 벗어나 스테이블코인으로 이동하고 있다.

스테이블코인 외에도 거래자들은 토큰 프리세일에 주목하고 있다. 시장 폭락 상황에서 낮은 진입점과 꾸준한 가격 상승을 제공하기 때문이다. 이러한 프리세일 중에서 비트코인 하이퍼($HYPER)가 승자 중 하나로 부상했으며, 투자자들로부터 수백만 달러를 지속적으로 모집하고 있다.

비트코인 하이퍼: 2025년 가장 뜨거운 사전 판매 중 하나, 멈출 기미를 보이지 않는다

관점에 따라 현재 상황은 시장이 성숙해지기 시작하면서 겪는 성장통의 일부로 볼 수 있다. 과거 밈코인이 인기를 끌었던 반면, 이제 거래자들은 실제 유용성을 갖춘 토큰을 선호하는 경향을 보인다.

현재 진행 중인 비트코인 하이퍼($HYPER) 사전 판매가 이에 대한 전형적인 사례다.

최소한 $HYPER는 프로젝트 팀이 개발 중인 레이어-2(L2) 네트워크의 거래 수수료 지불에 활용된다. 이 외에도 해당 토큰은 거버넌스 권한과 함께 L2의 독점 기능에 대한 접근권을 제공한다.

L2는 특히 솔라나 가상머신을 통합할 예정이어서 투자자들로부터 큰 관심을 받고 있다. 이를 통해 현재 초당 최대 7건의 거래만 처리할 수 있는 비트코인 생태계에서 거래 속도가 빨라지고 비용이 저렴해질 전망이다.

또한 L2는 캐노니컬 브리지를 탑재하여 기본 네트워크에서 L2로 $BTC를 전송하고 스테이킹 및 디앱 상호작용 등 현재 비트코인으로는 불가능한 다양한 애플리케이션에 활용할 수 있게 한다.

이 흥미로운 프로젝트의 모든 세부사항을 다루는 포괄적인 비트코인 하이퍼 리뷰를 참고할 수 있다.

현재 공식 비트코인 하이퍼 사전 판매 페이지에서 $HYPER 토큰을 개당 0.013225달러에 구매할 수 있다. 사전 판매 종료 후 토큰을 수령하거나 즉시 스테이킹하여 연 45%의 패시브 보상을 받을 수 있는 것으로 나타났다.

또는 토큰을 보유하며 가치 상승을 기다리는 방법도 있다. 비트코인 하이퍼 가격 예측에 따르면 $HYPER는 2026년 0.20달러에 도달할 가능성을 보여 장기 투자가 매력적인 선택지가 되고 있다.

$HYPER 토큰 구매를 위한 단계별 안내가 필요한 경우, 비트코인 하이퍼 구매 가이드에서 관련 정보를 확인할 수 있다.

현재까지 사전 판매를 통해 2,580만 달러 이상을 모금했으며 계속 증가하고 있다. 이는 올해 가장 주목받는 자금 조달 사례 중 하나로 평가받고 있으며, 그럴 만한 이유가 있다. 실질적인 토큰 유틸리티와 비트코인 생태계에 꼭 필요한 업그레이드를 제공하겠다는 유망한 목표의 결합은 막대한 상승 잠재력을 가진 최고의 신규 암호화폐가 갖춰야 할 조건들을 충족하고 있다.

다음 가격 인상까지 이틀도 채 남지 않아 서둘러야 할 상황이다. 현재 가격으로 $HYPER 토큰을 구매할 수 있는 마지막 기회가 될 가능성이 높다.

비트코인 하이퍼 사전 판매에 참여하기

Гибридные финансы и токенизированные активы станут главными двигателями роста капитализации рынка децентрализованных финансов — до $3 трлн в 2026 году, предположили аналитики французской финтех-компании Next Generation NGPES.

With the Bitcoin price falling below $110,000 and the crash continuing to deepen, some revelations have surfaced about why this is happening at this time. Fingers had initially pointed to the bearish macro headwinds as the crypto market got caught in the crosshairs. However, on-chain data shows that it may be much simpler than that, and the decline is just due to good old dumping. More specifically, mega-Bitcoin whales of old are beginning to sell off their considerable stacks.

OG Bitcoin Whales Sell Over $1.7 Billion Worth Of BTC

A post from the on-chain data aggregation platform, Lookonchain, confirmed that the Bitcoin price decline had indeed been triggered by major sell-offs. The post highlights the movement of massive amounts of bitcoin, ranging in the thousands, into crypto exchanges as these large whales begin to take profit.

The first of these belongs to an early Bitcoin whale, known only as 1011short, who moved their considerable stack of Bitcoin into various crypto exchanges. In total, the whale deposited 13,000 BTC into different crypto exchanges, which was worth a whopping $1.48 billion at the time of the deposit. The deposits went into exchanges such as Binance, Kraken, Coinbase, and Hyperliquid, starting as far back as October 1.

Another popular wallet, tied to early Bitcoin adopter Owen Gunden, also began moving in recent times. Gunden’s wallet saw the movement of 3,265 BTC, worth $364.5 million at the time, also into the Kraken crypto exchange. The movements began on October 21 and have continued into November.

Following the deposits of these massive tranches of BTC into the crypto exchange, the Bitcoin price began to decline, suggesting that the sell-offs had begun. However, there is no telling how long these sell-offs will continue as Gunden still holds over $700 million worth of BTC.

Crash Points To Sell Pressure

The Bitcoin price being in a decline suggests that much of the average $65 billion daily volume recorded by the Coinglass website is actually coming in from sellers. If this continues and large whales continue to offload, it could send the price crashing toward $100,000.

However, with sentiment already so bad and the calls for a Bitcoin price top growing louder, it could mean that the cryptocurrency is headed toward a turning point, one that could change the face of things. A sharp Bitcoin reversal from here could see a shorts wipeout that could trigger a liquidation cascade.