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Even while the price of Solana experienced a slight bounce on Sunday, investors are still feeling the pain from the current pullback. Given the sharp drawdown in SOL’s price, a significant portion of the supply held by investors is now in the red, which is triggering a wave of uncertainty in the market.

Solana Investors Slip Into The Red Amid Price Weakness

Following the recent bearish action of Solana’s price, its market pressure seems to have increased sharply. This notable increase in ongoing market pressure is reflected in the Solana Percent Supply in Profit metric.

After examining the metric, Ted Pillows, a market expert and investor, reveals that the percentage of SOL supply held at a loss has deepened to levels not seen in a long time. Despite strong ecosystem activity and relentless development momentum, price volatility has put more SOL holders in the loss, signaling growing strain across the network’s investor base. 

Data shared by Ted Pillows shows that over 79.6% of the total supply of SOL in circulation is now at a loss. This expanding loss profile is a reflection of both the intensity of the recent decline and the shifting mood of the market. A steady rise in supply loss is likely to impact the altcoin’s price action, raising questions about its next major move in the short term.

While the next major move remains uncertain, Pillows has outlined a pivotal moment in the altcoin’s short-term market structure. In another X post, the investor highlighted that most of the downside liquidity in Solana has now been cleared, hinting at a potential shift in trend.

What this means is that SOL has successfully eliminated the majority of the risky positions that were positioned below important support levels following weeks of intense sell pressure and deep sweeps into lesser liquidity pockets. This massive liquidity flush was observed within the $145 and $150 price range.

According to the investor, the price zone has a large liquidity cluster, while the $120 support level also has a decent one. With the removal of these liquidity pools, the market might be moving into a cleaner, more balanced area. 

Such development could pave the way for a dramatic shift in direction as traders reevaluate momentum, risk, and the future of one of the most actively traded cryptocurrency ecosystems. However, Pillows noted that Solana may be the first to sweep the upside liquidity if Bitcoin exhibits some strength at this stage.

SOL’s Chart Is Showing A Confluence

On the daily time frame, DrBullZeus, a crypto analyst and trader, highlighted a confluence on the Solana chart that could determine the next price direction. DrBullZeus stated that the price is currently in the zone of the liquidity grabbed and pump hard box, a pattern that aligns with the bullish Order Block (OB).

At the same time, SOL has formed a massive Descending Triangle pattern, which points to a huge upward move ahead. If the support between the $105 and $125 holds, the expert predicts a powerful launch to $240+, the previous high, and beyond. According to the expert, this notable rally is set to kick off in 2026.

One of Bitcoin’s most recognizable champions has stunned the market by revealing that he liquidated a multi-million-dollar portion of his holdings at roughly $90,000 per coin. 

Robert Kiyosaki, the Rich Dad, Poor Dad author whose unwavering support for Bitcoin has shaped conversations across the financial world, confirmed that he cashed out $2.25 million worth of BTC after holding it for years.

Kiyosaki Dumps $2.25 Million In Bitcoin At Around $90,000

Bitcoin broke below the $90,000 level on November 20 after a wave of intensified selling, and new information indicates that one of the asset’s most outspoken believers played a part in that downward pressure.

Taking to the social media platform X, Robert Kiyosaki explained that he sold $2.25 million worth of BTC, with the coins originally purchased at about $6,000 each years ago. The sale happened around the $90,000 price zone, meaning he profited about $84,000 on each coin.

He framed the announcement as “practicing what I teach,” pointing out that the liquidation was not due to fear or market weakness but by a deliberate decision to redirect his crypto profits into ventures that generate predictable monthly income.

What makes the announcement more noteworthy is that it came shortly after Kiyosaki declared he would not sell any of his Bitcoin during the recent correction. 

It also goes against the financial author’s history of telling investors to protect their wealth by accumulating Bitcoin and his calls for a $250,000 price target for the cryptocurrency.

In a November 15 post on X titled “BITCOIN CRASHING,” he answered questions from followers by saying he was not selling and that he was waiting. According to him, markets were crashing because the world needed cash, but he personally did not need cash.

Why Did Kiyosaki Sell His BTC?

Kiyosaki said he used the proceeds from his Bitcoin sale to acquire two surgery centers and invest in a billboard business. According to his estimates, these new ventures will begin producing about $27,500 in tax-free monthly income by next February. 

Even with the sale, he noted that he is still very bullish and optimistic on BTC. He described the cryptocurrency as a pivotal asset for the future, adding that the sale simply allowed him to expand his cash-flow portfolio. 

He even stated that he intends to accumulate more BTC using income generated from the surgery centers and billboard business. This clarification places the sale in a different light, not as a complete loss of confidence in Bitcoin from Kiyosaki, but as a change in long-term strategy.

At the time of writing, Bitcoin is trading at $86,720, up by 1% in the past 24 hours. However, the leading cryptocurrency is still down by 9.2% in the past seven days and 21% since the beginning of November.

Growing speculation around whether Ripple could one day replace certain functions of traditional banking using XRP intensified last week after Paul Barron, the founder of the Paul Barron Network, outlined why XRP is positioned at the center of global finance. His statements highlight XRP’s potential to reshape the future financial infrastructure and increase its role in payments and digital money movement. 

Why Ripple Could Replace Banks With XRP

On November 22, Barron sparked a debate on X by breaking down why he believes XRP may be engineered to take over core elements of traditional finance. According to his report, XRP stands out as one of the few digital assets that can operate without a counterparty, allowing it to serve as a neutral settlement layer across global institutions. 

Barron highlighted that banks and blockchain applications are converging rapidly, creating a system in which lending, settlement, and cross-border transfers can occur on-chain instantly. He claimed that XRP is at the center of this shift, enabling seamless value flow between systems operating on different technical standards. 

He believes XRP plays this central role because it serves as a bridge asset, routing transactions behind the scenes in high-volume environments where speed and reliability are critical. He also argued that every new stablecoin and tokenized Real-World Asset (RWA) deployed on blockchains inherently increases the need for a frictionless asset like XRP, which can move value across networks. 

Barron’s statements suggest a future in which traditional finance rails operate less visibly as blockchain networks handle global money flows. He believes this transition is already underway, with XRP positioned as the connective mechanism capable of replacing legacy settlement workflows that are typically slow, limited, and dependent on multiple intermediaries. 

Crypto Analyst Fires Back Against XRP Claims

Pseudonymous crypto analyst ‘Fishy Catfish’ has challenged and criticized Barron’s claims, arguing that XRP is unlikely to replace any traditional banking functions. He dismissed XRP as a “bank-themed meme coin” with minimal real-world use, citing low adoption metrics on the XRP Ledger (XRPL), limited developer activity, and negligible DEX volume. 

Fishy Catfish emphasized that banks operate through established systems like SWIFT, which are controlled by thousands of financial institutions, leaving little room for XRP to take over core banking functions. He noted that SWIFT is not a third-party middleman to the banks—it represents the banks themselves. As a result, XRP could face significant barriers in displacing a legacy system like SWIFT. 

The crypto analyst framed XRP’s role as overhyped on social media, stressing that the network “isn’t cheaper and solves nothing.” He also emphasized that XRP’s real-world activity remains far below levels needed to support institutional use. According to him, the low on-chain activity and the minor revenue generated from user fees highlight a fundamental mismatch between XRP’s current utility and Barron’s prediction that the cryptocurrency will replace traditional finance. 

Bitcoin is experiencing one of its largest pullbacks in 2025, as investors have been on a massive selling spree over the past few weeks, causing the flagship asset to retest the $82,000 price mark. On-chain data has revealed a significant wave of capitulation among new BTC whale investors during the ongoing pullback.

New Bitcoin Whales Show Weak Hands

Since the pullback of the Bitcoin price from its current all-time high, there has been a notable shift in market dynamics and investors’ behavior. A change in action is being observed among whale holders, but it is not the veteran investors who are currently panicking.

In a post on the X platform, CryptoRus revealed that the new whales, or the most recent large investors who just acquired BTC, are entering into panic mode. These key investors are steadily selling their holdings at a loss, putting more strain on a market structure that is already precarious.

According to the expert, new whales are capitulating, dumping into the red, taking realized losses, and leaving the market in fear. Meanwhile, OG whales are moving in an opposite direction, exhibiting steady resilience despite the ongoing market whirlwind.

Looking at the chart, the 30-day momentum just flipped into positive territory for the first time in weeks. At the same time, new whale holders are puking their coins, which is an indication of a classic weak-hand flush.

The chart also shows that the total balance of whales is moving upward in the midst of price volatility. CryptoRus highlighted that the divergence between the whale total balance and BTC’s price has marked each major bottom that occurred in the current market cycle. 

In such a market structure, the expert claims that retail sees the drop while new money feels pain. However, the investors who matter, the ones who made it through several cycles, are quietly buying more Bitcoin in the $80,000 and $95,000 price range.

This suggests a bottoming structure and a probable January rally that may result in a lower high or test the previous all-time high, but it does not indicate another year-long bull market leg. Therefore, the market still has room for growth as a bear market is likely when OG whales distribute into strength. Interestingly, this is how bottoms are formed, how traps are set, and how rallies begin.

Accumulation And Distribution Among Whales

Amid the ongoing market volatility, Darkfost, an author at the CryptoQuant platform, has disclosed interest moves on the Bitcoin whale side. Whale accumulation has increased alongside whale distribution.

Presently, accumulation is observed among large investors holding at least 10,000 BTC, who have acquired more than 26,3000 BTC. Meanwhile, wallet addresses holding between 1,000 BTC and 10,000 BTC have distributed over 112,600 BTC. Furthermore, smaller whale cohorts, such as those containing 100 to 1,000 BTC and 10 to 100 BTC, have accumulated over 99,800 BTC and 22,400 BTC, respectively.

Overall, large investors appear to have moved back into accumulation mode. However, it is also crucial to take into account the possibility that some whales have shifted from one category to another due to size changes, particularly between the 1,000–10,000 and 100–1,000 BTC tiers.

Grayscale’s Dogecoin ETF is set to start trading today, marking a positive for the DOGE price. Crypto analyst BareNakedCrypto has explained why this could be the catalyst that sends the foremost meme to a new all-time high (ATH) of $10. 

Grayscale Confirms Dogecoin ETF Launch

In an X post, Grayscale confirmed that its Dogecoin ETF will launch on the NYSE Arca today. The fund will offer institutional investors direct exposure to the foremost meme coin. Bitcoinist had earlier reported that the NYSE Arca had certified the DOGE ETF for listing and registration, the final step before the fund’s launch. 

Grayscale’s Dogecoin ETF will be the first to launch under the ‘33 Act. It will also be the first fund to offer institutional investors 100% spot exposure to DOGE. Bitwise and 21Shares are the other asset managers that filed for a DOGE ETF under the ‘33 Act. Bitwise is also expected to launch its fund this week after earlier filing an updated prospectus to remove the delaying amendment. 

In an X post, market expert Nate Geraci described the Grayscale Dogecoin ETF launch as being a “highly symbolic launch.” He opined that this is the best example of the monumental crypto regulatory shift over the past year. He added that the DOGE fund’s ticker, GDOG, might already be in his top 10 ticker list. 

Another ETF expert, Mike Akins, had questioned whether it wouldn’t have been better to serve the DOGE fund as a non-regulated instrument. He opined that the ETF wrapper may be giving credibility where it is not warranted. 

However, Geraci suggested that this was a free market and that institutional investors should be able to decide what they want to invest in. He reiterated that his major point is the regulatory progress made on crypto over the past year, which he described as a “huge” positive for the industry. 

Catalyst For DOGE Price Rally To $10

Ahead of the Grayscale Dogecoin ETF launch, crypto analyst BareNakedCrypto declared in an X post that this would spark a DOGE price rally to over $10. He noted how this fund would open institutional interest in the meme coin’s ecosystem. The fund could draw new capital into Dogecoin, sparking a potential price surge. 

BareNakedCrypto also mentioned that, with the Grayscale Dogecoin ETF, DOGE will no longer be burdened by lawsuits, threats, or lack of clarity. He added that the DOGE fund is the next ETF with over 100 billion tokens after XRP. The DOGE ETF is the seventh crypto fund to launch after the Bitcoin, Ethereum, Solana, Hedera, Litecoin, and XRP ETFs.

At the time of writing, the Dogecoin price is trading at around $0.14, up over 1% in the last 24 hours, according to data from CoinMarketCap.

A heated debate erupted on X this weekend after Gabor Gurbacs, founder of Pointsville and strategic advisor to Tether, dismissed growing fears about Bitcoin’s vulnerability to quantum computing. In a series of posts, Gurbacs called the notion of a “quantum doomsday” for Bitcoin “pure FUD,” arguing that Bitcoin’s cryptographic foundations are already resilient and adaptable enough to survive future advances in quantum technology.

“There’s a lot of FUD around Bitcoin’s quantum risk,” Gurbacs wrote. “The fact is that Bitcoin’s security is anchored in hash-based proof-of-work, which remains quantum-resistant. Quantum doesn’t break Bitcoin.”

Bitcoin Is “Quantum-Resilient By Design”

Gurbacs pointed to the distinction between Bitcoin’s hash-based consensus and its signature scheme, arguing that the consensus layer—secured by SHA-256—is already resistant to quantum attacks. Grover’s algorithm only provides a quadratic speed-up, he said, which does not undermine Bitcoin’s proof-of-work. The primary theoretical weakness, he acknowledged, lies in Bitcoin’s ECDSA signatures, which could be vulnerable if quantum computers reach the scale required to run Shor’s algorithm effectively.

But according to Gurbacs, even that threat is mitigated by best practices and Bitcoin’s modular design. “The main quantum target (ECDSA public keys) is already mitigated by non-reuse of addresses and can be upgraded to post-quantum signatures,” he noted, referencing NIST’s newly standardized FIPS-205, which formalizes the Stateless Hash-Based Digital Signature Algorithm (SLH-DSA).

“Bitcoin’s long-term security model was designed precisely for adversarial upgrades,” he added. “The consensus layer is hash-based and quantum-resilient, and the signature layer is modular, meaning post-quantum schemes like SLH-DSA/SPHINCS+ can be integrated without disrupting monetary integrity or supply rules.”

That assertion drew immediate responses from crypto security veterans, including Messari co-founder Dan McArdle and Project Eleven’s Graeme Moore, who both warned that Gurbacs was underestimating the complexity and timeline of a network-wide post-quantum transition.

McArdle agreed that mining and proof-of-work are not at immediate risk but outlined three structural issues Bitcoin must still face: legacy P2PK outputs with already-exposed public keys, the possibility of mempool sniping (quantum theft during transaction propagation), and the large size of post-quantum signatures, which could force a controversial blocksize increase.

“Given all that,” McArdle said, “it’s best to get serious about quantum robustness now. It’s not an issue to kick down the road until the threat is imminent.”

Gurbacs pushed back, calling those risks “real but remote.” The few P2PK addresses are “small and scattered,” and the kind of quantum computers required for mempool attacks are “unbelievably fast and stable—which we’re nowhere near.” He added that BTC could absorb larger signature schemes or even a blocksize upgrade “before any realistic threat shows up.”

“I agree we should take quantum hardening seriously,” Gurbacs wrote. “I just don’t buy the idea that we’re close to a break—and scammers tend to abuse the quantum narrative. The bigger risk now is people panicking instead of looking at actual timelines.”

The Open Questions For Bitcoin Devs

Graeme Moore countered that complacency is the greater danger. Citing his firm’s research, he argued that a coordinated post-quantum migration could take six months or more even under ideal conditions and that “we could have a CRQC in a couple years.” He pressed Gurbacs on whether the Bitcoin community could realistically agree on adopting NIST-approved standards like SLH-DSA or ML-DSA—especially since Satoshi Nakamoto intentionally avoided NIST curves for distrust reasons.

Moore also raised the thorny question of what happens to unmigrated or “lost” coins in a quantum transition, including Satoshi’s early holdings. “Are you in favor of freezing Satoshi’s coins?” he asked. “Why or why not?” Gurbacs replied that governance choices should apply equally to all unmigrated keys and rejected any “special rules.” He reiterated that the threat is not existential in the near term. “We’ll see weaker cryptosystems fall first,” he said. “That buys years of warning for picking schemes, implementing and testing, and allowing gradual opt-in rotation before the ‘oh shit’ moment.”

While Moore insisted that “we’re already at the ‘oh shit’ moment,” Gurbacs disagreed. “If a real CRQC existed at the level needed to break secp256k1,” he argued, “the first signs wouldn’t show up in Bitcoin. They’d show up in TLS, PGP, government PKI, and weaker ECC systems long before. That simply hasn’t happened.”

For now, Gurbacs’ position is clear: quantum computing represents a long-term coordination challenge, not an imminent collapse. “Quantum panic is misplaced,” he said. “Bitcoin’s architecture is adaptable, conservative, and mathematically robust. Quantum doesn’t break Bitcoin.”

Gurbacs has also received independent approval from OG Adam Back. Via X, the legendary cypherpunk wrote: “Bitcoin can just add a new signature type, and make a “quantum ready” taproot leaf alternative spend method, under taproot/schnorr. In that way you can be ready without paying the cost of large signatures until it becomes relevant. NIST standardized SLH-DSA aug 2024 only.”

He added: “If cryptographically relevant quantum computers are developed, then my guess is schnorr & ECDSA signature methods would be deprecated (become unspendable). IMO it’s a lot further away than 2030 so people should have time to migrate and be quantum ready long before.”

At press time, BTC traded at $85,984.

Anger toward JPMorgan spread quickly through social platforms this weekend after reports linked the bank to a policy change that could hit firms holding large chunks of Bitcoin.

According to reports, MSCI — the index company formerly called Morgan Stanley Capital International — is likely to tighten its listing rules in January 2026, a move that would remove companies with 50% or more of their balance sheets in crypto from major indexes.

That possible step has turned a technical index matter into a broad public backlash aimed squarely at the bank that shared the research note.

JPMorgan: Index Change Sparks Outrage

Strategy, which joined the Nasdaq 100 in December 2024, benefited from steady passive capital flows tied to index membership.

Based on reports, the proposed rule would force firms with high crypto exposure to choose between cutting their Bitcoin holdings below the 50% threshold or losing the index-driven demand that supports their shares.

Investors and some analysts warn that either outcome could trigger sharp selling by funds that must follow index rules, and that selling could ripple into crypto prices.

$MSTR – JPM says MicroStrategy “at risk of exclusion from major equity indices as the January MSCI decision approaches.”

“With MSCI now considering removing MicroStrategy and other digital asset treasury companies from its equity indices…outflows could amount to $2.8bn if… pic.twitter.com/gMqlYtcZII

— matthew sigel, recovering CFA (@matthew_sigel) November 20, 2025

Public Figures Fan The Flames Vs. JPMorgan

High-profile voices quickly pushed the boycott narrative. Real estate investor Grant Cardone said he had pulled $20 million from Chase and threatened legal action over credit card disputes.

Media host Max Keiser urged followers to target JPMorgan and to buy shares of Strategy and Bitcoin instead.

CRASH JP MORGAN, BUY $MSTR (& BITCOIN) https://t.co/dRoxYSlGdL pic.twitter.com/BS0fRzT5HV

— Max Keiser (@maxkeiser) November 23, 2025

Social posts and online threads amplified those calls, turning technical policy details into a campaign to hit the bank where it counts: customer money and public image.

The enemy has a name: it’s the Banking system.

Take a look at the chart of JPM since the great financial crisis. It’s been STRAIGHT UP for the last 15 years.

JP Morgan has been consolidating its power as the head of the Banking Crime syndicate through both Obama terms, Trump… pic.twitter.com/YisF732oa5

— Fred Krueger (@dotkrueger) November 22, 2025

Strategy Pushes Back On Its Classification

According to statements from Strategy’s leadership, led by Michael Saylor, the company does not see itself as a fund or a trust that merely holds assets.

The founder described the business as a Bitcoin-backed structured finance firm that issues and operates products rather than passively holding investments. That distinction matters because MSCI’s draft criteria appear to focus on passive holding structures.

Response to MSCI Index Matter

Strategy is not a fund, not a trust, and not a holding company. We’re a publicly traded operating company with a $500 million software business and a unique treasury strategy that uses Bitcoin as productive capital.

This year alone, we’ve completed…

— Michael Saylor (@saylor) November 21, 2025

If MSCI finalizes the change in January 2026, firms whose crypto holdings exceed the threshold will face immediate pressure to alter their balance sheets or face delisting from indexes that attract hundreds of millions in passive flows.

Market Risks And Next Steps

Analysts say the practical effect could be swift. Forced rebalancing by index-tracking funds may create concentrated selling of affected stocks.

If several treasury companies sell Bitcoin at the same time to meet the new limit, digital-asset prices could fall, adding a second layer of stress.

For now, the rule is reported as likely, not final. Market players are watching for a formal announcement and for any public response from JPMorgan, which has not provided a detailed rebuttal to the surge of criticism.

Featured image from Gemini, chart from TradingView

Quick Facts:

• $XRP’s move back above $2, with its price reclaiming the middle Bollinger Band, points to a renewed bullish structure rather than a failed cycle.
• Higher-timeframe Bollinger Bands on $XRP still trend upward, suggesting room toward $2.5–$3.5 if key mid-bands and supports continue to hold.
• Bitcoin Hyper ($HYPER) and Best Wallet Token ($BEST) both pair strong narratives with sizable presales, offering higher-beta exposure versus $XRP’s more limited upside profile.
• Allocating core capital to $XRP while using $HYPER and $BEST for targeted, thesis-driven risk can balance liquidity, yield, and long-term growth potential.

$XRP has finally clawed its way back above the $2 mark after a rough week, and the charts just flipped from stress to opportunity.

On the daily timeframe, price is back above the middle Bollinger Band near $2.04, turning what looked like a breakdown into a fresh bullish setup with the upper band sitting around $2.5 as the next big test.

Zooming out, $XRP is still holding key weekly and monthly mid-bands around $2.2 and $1.7. That tells a different story than the intraday noise: the structural uptrend is intact, and the recent flush looks more like a volatility reset than the end of the cycle.

The catch is simple. With $XRP’s market cap now north of $123B and trading around $2.04 at the time of writing, a move higher is absolutely on the table.

Traders who rode the dip are already thinking about what to rotate into next, hunting for the best altcoins to buy while liquidity is still hot. That’s where upcoming infrastructure plays, like Bitcoin Hyper and Best Wallet Token, step in.

1. Bitcoin Hyper ($HYPER) – Bitcoin Layer-2 Speed With Asymmetric Upside

Bitcoin Hyper ($HYPER) functions around a straightforward promise: keep Bitcoin’s security, ditch its slowness.

Bitcoin Hyper uses a modular Layer 2 anchored to Bitcoin, but executes transactions on a Solana-style virtual machine (SVM), allowing them to settle in seconds with significantly lower fees. Users lock $BTC on Layer-1, mint wrapped $BTC on Bitcoin Hyper, then use that capital for DeFi, payments, and dApps at high throughput.

That narrative is hitting at the right time. While spot Bitcoin chops around and fees remain unpredictable, the Bitcoin Hyper presale has already cleared more than $28M, with the current presale price of $0.013325 and staking yields around 41% APY for early participants.

Those numbers show real conviction from whales and retail alike, not just meme-driven speculation. Indeed, recent whale buys of $500K and $379.9K tell the story.

On the upside modeling side, our price prediction for $HYPER shows a 2026 high of $0.20 and a 2030 price point of $1.50 or higher if the roadmap lands and liquidity arrives on major exchanges. Measured from today’s presale price, this hints at a return rate of 1,400% for 2026 and over 11,155% for 2030 on paper.

The hype is real and explains how $HYPER managed to become one of the best altcoins to buy in 2025.

If you’re interested, it’s best to move fast, as Bitcoin Hyper targets a release window between Q4 2025 and Q1 2026. Read our guide on how to buy $HYPER now.

Visit the presale page and buy your $HYPER while you still can.

2. Best Wallet Token ($BEST) – Multi-Chain Wallet Token with Launchpad Perks

If Bitcoin Hyper is the rails, Best Wallet is the front-end that everyday users actually touch. The Best Wallet app is a live, non-custodial, multi-chain wallet that allows you to buy, store, swap, stake, and soon spend crypto via an upcoming debit card.

It already supports major chains like Bitcoin, Ethereum, Solana, BNB Chain, Polygon, and Base, with portfolio tracking, cross-chain swaps routed through 300+ DEXs and 30 bridges, and no-seed-phrase MPC security under the hood.

Best Wallet Token ($BEST) powers that ecosystem. Holding it brings reduced swap and on-ramp fees, launchpad access to upcoming tokens inside the app, and governance.

Recent figures show the presale has raised more than $17.39M with tokens priced at $0.025995 and staking APYs sitting at 75% for early participants.

For a product with hundreds of thousands of active wallet users, that’s a meaningful alignment between live adoption and token economics.

On the price-target front, our price prediction for $BEST suggests a price point of $0.62 in 2026 and $0.82 or higher by 2030, assuming exchange listings, 60+ chain support, and the Best Card rollout all materialize as planned. Relative to today’s presale price, that’s roughly a 2,285% move to the 2025 high and about 3,054%to the 2026 high on paper.

It’s not a guarantee, but it shows why rotating a slice of capital from slower large-caps into a wallet-infrastructure token with sticky users isn’t just degen behavior – it’s a calculated bet on the tools people actually use.

If you want in, read our guide on how to buy $BEST.

Buy $BEST on the official presale page today.

3. XRP ($XRP) – Large-Cap Liquidity Play in a Breakout Setup

Back to the headline act. XRP ($XRP) is trading at $2.04, firmly back above the key daily middle Bollinger Band after briefly flirting with the lower band and triggering panic.

The upper band around $2.52 is the next obvious technical magnet, and if that breaks, the door opens toward the higher timeframe bands that sit closer to $3.5 and beyond.

The weekly and monthly structures still appear remarkably constructive: $XRP continues to respect deeper mid-bands, confirming that the multi-month trend remains intact, even after sharp pullbacks.

That’s exactly the kind of setup where large-cap money flows first – ETFs, structured products, and conservative capital tend to prefer names where liquidity is deep and the trend is visible on a monthly chart, not just a meme-driven 4-hour spike.

The trade-off is that $XRP is unlikely to deliver the 20x+ style returns people chase in presales.

It’s better thought of as the liquidity anchor in a rotation strategy: ride the potential breakout back toward and potentially beyond the prior all-time high near $3.84, then shave profits into higher-beta names like $HYPER and $BEST if the cycle continues to mature.

You can find $XRP on major centralized exchanges, including Binance, making it relatively straightforward to execute such a rotation in practice.

You can buy your $XRP on Binance today.

Recap: XRP’s push above $2 with bullish signals shows large-cap alt momentum is alive. Traders are eying $HYPER for scalability, $BEST for utility, while $XRP continues to anchor liquidity.

This isn’t financial advice. DYOR and manage risks wisely before investing.

Authored by Bogdan Patru, Bitcoinist: https://bitcoinist.com/best-altcoins-to-buy-as-xrp-recovers-$2

Stay Ahead with Our Timely Insights of Today’s Next Crypto to Explode

Check out our Live Next Crypto to Explode Updates for November 24, 2025!

Crypto is so unthinkably huge at the moment, a nearly $4 trillion industry that’s aiming for world domination.

Recent headlines talk of Circle and Mastercard planning to add USDC to global payment systems, Ethereum and Bitcoin treasuries in the billions of dollars, and Google building its own blockchain.

Bitcoin has an all-time growth of over 180,000,000%, Dogecoin over 43,000%, and some of the newest presale coins often pump 10x, 100x, or even 1,000x on rare occasions.

Explosive potential is probably the single best description for what we’re seeing today in crypto.

Quick Picks for Coins with Explosive Potential

Bitcoin Hyper ($HYPER) - Real-Time Layer-2 Solution for Scaling Bitcoin Launch: May, 2025 Join Presale Maxi Doge ($MAXI) - High-Impact Meme Coin Built On Strength, Staking & Conviction Launch: July, 2025 Join Presale PepeNode ($PEPENODE) - A New, Gamified Way to Mine to Earn Meme Coin Rewards Launch: February, 2025 Join Presale Snorter Token ($SNORT) - Lowest-Fee Telegram Trading Bot for Solana and Ethereum Launch: May, 2025 Join Presale Best Wallet Token ($BEST) - Get Easy, Early Access to New Curated Presale Projects Launch: November, 2024 Join Presale

If you’re looking for the most recent insights on the next crypto to explode, stay tuned. We update this page frequently throughout the day, as we get the latest and greatest insider insights for chart sniffers and traders looking for the next coin to explode.

Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you. Arthur Hayes’ $BTC $250K Call, Bitcoin Hyper ($HYPER) and the Next Crypto to Explode

November 24, 2025 • 10:00 UTC

Arthur Hayes now talks about $BTC accelerating toward $250,000 by December, only months after the latest halving, arguing that a post-halving supply squeeze plus renewed liquidity could drive fresh all-time highs.

That kind of move from roughly the high-$80,000 zone would more than double Bitcoin’s market cap and push base-layer blockspace back into permanent scarcity.

When that happens, value tends to flow into infrastructure that helps Bitcoin handle higher throughput without sacrificing settlement guarantees.

Bitcoin Hyper ($HYPER) builds exactly for that moment by launching a Bitcoin Layer-2 on the Solana Virtual Machine, using a canonical bridge so you move $BTC onto faster rails for DeFi, NFTs, and payments while final value still settles back to Bitcoin.

$HYPER powers transaction fees and staking in that ecosystem, so adoption of the network directly feeds token demand.

With $28.37M already raised at $0.013325, you step into a play that is tied to $BTC’s upside but adds scaling and yield on top.

Read our $HYPER price prediction to see what the future holds.

Satoshi’s ‘Gift’ of Volatility, Best Wallet Token ($BEST) and the Next Crypto to Explode

November 24, 2025 • 10:00 UTC

Michael Saylor now frames $BTC’s wild price swings as ‘Satoshi’s gift’, pointing out that even after a steep year-to-date drawdown in $MSTR, his treasury still sits on billions in unrealized profit on 649,870 $BTC.

He argues that volatility is the price of high performance, rewarding anyone who can hold for four-year cycles instead of trading noise.

That logic only really works if you keep assets self-custodied, liquid, and ready to deploy whenever the next impulse move starts.

Best Wallet Token ($BEST) plugs into that need as the utility asset behind a non-custodial wallet designed to hold and swap crypto across multiple chains while giving you direct access to curated presales from a built-in launchpad.

Inside the app, $BEST unlocks reduced fees, higher staking rewards, and governance over future upgrades, so your activity turns into tangible upside rather than just gas spend.

With $17.39M already raised at $0.025995, you position yourself inside infra that benefits every time volatility returns. More importantly, the presale ends in 4 days, so there’s no time to lose.

Here’s how to buy $BEST now.

Authored by Bogdan Patru, Bitcoinist — https://bitcoinist.com/next-crypto-to-explode-live-news-today-november-24-2025

Quick Facts:

• DAT stocks are trading below their net Bitcoin holdings as volatility, ETF outflows, and index risks hammer the digital treasury model.
• Michael Saylor says he won’t back down, despite MSTR’s 41% decline; his thesis rests on $6.1B in unrealized profits from Strategy’s 649,870 Bitcoin-strong treasury.
• Bitcoin Hyper builds a Bitcoin Layer 2 using an SVM execution layer, a Canonical Bridge, and ZK proofs to bring fast, low-fee $BTC DeFi.
• The $HYPER presale is above $28.3M, with $HYPER selling at $0.013325 and a potential 1,400% ROI by the end of 2026.

Digital Asset Treasury (DAT) stocks are bleeding, trading below the value of the Bitcoin they hold. Some rivals have started dumping coins to shore up their balance sheets.

In the middle of that carnage, Strategy’s Michael Saylor is smiling into the camera and calmly dismisses the fears for a DAT crash. He also downplays MSTR’s 41% decline, pointing out the $6.1B in unrealized profits from its Bitcoin stack, now counting 649,870 coins.

Recent figures show DAT names have crashed 80–95% from their highs, even as spot Bitcoin trades in a wide band around the mid-$80K to low-$90K range.

As expected, investors pulled $523M from BlackRock’s IBIT last Tuesday, which is the largest withdrawal in the asset’s history.

Saylor’s answer is to lean in; a mindset that is landing at the same time a very different kind of Bitcoin play is going viral.

Instead of buying a DAT stock at a discount and hoping it closes the gap, some investors are rotating into Bitcoin-native infrastructure – especially Bitcoin Layer 2s trying to fix $BTC’s speed and fee problems.

Front and center in that trade is Bitcoin Hyper ($HYPER), a Bitcoin Layer 2 presale that has already raised over $28.3M at roughly $0.0133 per token, with staking yields around 41% for early participants.

Bitcoin Hyper ($HYPER) Turns Saylor’s ‘Vitality’ Into Infrastructure

If Saylor’s job is to HODL as much Bitcoin as possible, projects like Bitcoin Hyper ($HYPER) are trying to make that Bitcoin actually useful.

The core idea is simple: Bitcoin is pristine collateral, but the base layer is slow, expensive, and doesn’t support smart contracts. Bitcoin Hyper aims to fix that by building a dedicated Bitcoin Layer 2 that anchors to $BTC for security while offloading execution to a high-throughput Solana Virtual Machine (SVM).

In practice, it works through a ‘Canonical Bridge’. Users send $BTC to a monitored Bitcoin address; an SVM smart contract verifies block headers and transaction proofs.

Once confirmed, the Bridge will mint an equivalent amount of wrapped $BTC on Bitcoin Hyper’s Layer 2. From there, you can move that $BTC around with near-instant finality, route it through DeFi, or use it in dApps.

The goal is clear: create a faster, cheaper, and more scalable Bitcoin ecosystem, which could very well propel the network into the mainstream. Long-term, $HYPER hopes to make Bitcoin the more natural choice for large institutional players who require a high throughput and low on-chain costs.

You can learn more about what Bitcoin Hyper is right here.

Go to the presale page and buy your $HYPER today.

Inside The $HYPER Presale As It Blasts Past $28.3M

While DAT charts look like ski slopes, $HYPER’s presale curve has gone the other way.

The presale is now north of $28.3M, with the current token price at $0.013325 and incremental price steps baked into later stages.

A big part of the pitch is yield while you wait. Early buyers can opt to ‘buy and stake’ in a single flow, locking their allocations for staking rewards of 41% per year during the presale phase.

Then there’s $HYPER’s long-term potential.

A fair price prediction for $HYPER puts the token at $0.20 by the end of 2026 if the mainnet launches cleanly, major exchange listings land, and the Bitcoin Layer 2 narrative continues to build. By 2030, $HYPER could reach $1.50 or higher.

In terms of raw ROI, we’re talking about a return rate of 1,400% for 2026 and 11,157% or higher for 2030.

Still, the sale pitch goes beyond sheer profit hunting. You’re backing a network that tries to make Bitcoin faster, cheaper, and programmable.

If that sounds good, read our guide on how to buy $HYPER today. The presale has a projected end window between Q4 2025 and Q1 2026, so you don’t have much time left.

Visit the presale page and buy your $HYPER now.

This isn’t financial advice. DYOR before investing.

Authored by Bogdan Patru, Bitcoinist: https://bitcoinist.com/saylor-maintains-bitcoin-confidence-bitcoin-hyper-presale-explode

Cardano’s mainnet experienced a rare chain partition on November 21, 2025 after a malformed staking-delegation transaction exploited a long-standing deserialization bug, briefly producing a “poisoned” branch containing the transaction and a parallel healthy branch that rejected it. The network continued producing blocks on both sides until emergency node upgrades restored convergence later that day; Intersect said no user funds were lost and that a CIP-135 disaster-recovery playbook was prepared but ultimately not needed.

Should Cardano’s Attacker Face The Feds?

What turned a technical postmortem into an industry flashpoint was the public fallout between Cardano founder Charles Hoskinson and Solana co-founder Anatoly Yakovenko over whether the incident should be treated as a federal crime.

Yakovenko opened by praising the protocol behavior rather than the politics: “I am gonna go out on a limb and actually say this is pretty cool. Nakamoto style consensus without proof of work is extremely hard to build. The protocol functioned as designed in the presence of bugs.” He was reacting to Berry Ales’ observation that Cardano “recovered from a minority chain and got rid of the symptom while preserving most of the history and progress since the incident.” Hoskinson replied tersely: “Thanks man. It was a wild day.”

The exchange sharpened when Yakovenko framed exploit traffic as inherent to permissionless networks and warned against involving law enforcement. “Communicating arbitrary bits is fundamentally speech, even if they break the receiver,” he wrote. “The fact that it’s not always the case in the US is lame. Don’t send the feds after the poor guy who f’d up vulnerability disclosure.”

Hoskinson’s counterclaim was that this was not disclosure at all. “It was a premeditated attack by a disgruntled SPO with extensive knowledge of Cardano and who had already observed the testnet fork, the patch efforts, and was in direct contact with the core devs,” he said. According to Hoskinson, the attacker watched the Preview testnet incident, waited through patching efforts, then reproduced it on mainnet.

“We spent hours studying it, reconstructing for mainnet, and then delegating to my personal pool Rats as a message. He only admitted this act after I doxed him in a video then claiming it was a terrible mistake, but somehow neglected to mention it during the entire day while we were fixing it.”

He then argued that intentional exploitation of public infrastructure crosses into criminal territory: “Blackhats exploiting bugs to cause harm to public infrastructure is not a new thing. Its a federal crime because of the catastrophic harm to society such acts could carry. Cardano is a large network and many people derive their entire livelihood from the network’s operation. He hurt every single person in our ecosystem.”

Yakovenko accepted the ugliness of blackhat behavior but maintained that legal escalation is strategically risky in open systems. “Yea. I get it. We have had shitheads that watch public branches for any bug fixes and try to exploit them immediately. It’s a huge pia. Any potential bugs have to be fixed in private and rolled out p2p patches first. It has a chilling effect on the industry if you call in the Feds.” In his “mental model,” if operators run “a system that accepts arbitrary public messages, they are taking on the risk of what happens with any message they receive,” and only permissioned systems with explicit liability framing should be regulated as such.

Hoskinson pressed that model against the realities of regulated finance and cross-chain norms. “Furthermore, are you going to tell all the regulated financial entities that are building on Solana that if they lose money from hackers while using Solana, they shouldn’t file a criminal complaint?” He followed with a direct hypothetical: “So if a blackhat found an exploit in solana and it forked the network resulting in huge losses for your defi community, they should accept its a risk of solana and the blackhat did nothing wrong? What is the remedy?”

Yakovenko’s answer separated moral blame from deterrence. “The blackhat is an absolute piece of shit. The remedy is that we need multiple implementations and formal verification to minimize the risk of that happening… We have to make it impossible.” In his view, prosecution is not a reliable control because serious attackers do not expect to be caught, so resilience must come from engineering redundancy and verification, not the threat of the state.

Intersect’s incident report says the wallet responsible for the malformed transaction has been identified and that authorities including the FBI are being engaged. The immediate Cardano story is a fast-patched validation mismatch that re-converged without rollback. The bigger story is a live, founder-to-founder clash over whether permissionless security failures are primarily a matter for protocol design or criminal law—and what precedent the answer sets for every PoS network, Solana included.

At press time, ADA traded at $0.41.

Strategy (formerly MicroStrategy) has been in the headlines recently following the Bitcoin price crash into the $84,000 territory. The market crash had put it dangerously close to the company’s average buy price of $74,443, with only a 30% crash separating the company’s massive 649,870 BTC holding from being in the red. This has led the company to publicly defend its position and strategy amid call-outs from the likes of economist Peter Schiff.

Strategy’s Bitcoin Stash In Trouble?

Last week, economist Peter Schiff first called out the Strategy team, questioning the viability of its Bitcoin strategy given that the price of the digital asset was crashing. This came amid call-outs that Michael Saylor’s strategy of issuing MSTR shares to buy Bitcoin was already failing.

Schiff, in an X post, called out the company’s entire business model of issuing preferred stocks and then using the proceeds to actually buy more Bitcoin. According to the analyst, the company’s entire business model was actually based on the fact that the issued preferred shares were being bought by income-oriented funds while the company accumulates Bitcoin.

However, Schiff called out the company that it would not be able to actually pay out the published yields. In this case, once the fund managers realize that these published yields will never be fulfilled, they would have no choice but to begin dumping out their MSTR stocks, triggering a ‘death spiral.’

At the time, the company had addressed the rumors of its potential bankruptcy, explaining that the company had a very long runway. As the post made on X read, “At current $BTC levels, we have 71 years of dividend coverage assuming the price stays flat.” Additionally, the post explained that only a 1.41% appreciation in the Bitcoin price actually covers the company’s dividend obligations.

Despite this, Schiff has not let up on the company, with another post addressing Strategy’s claim that a 90% Bitcoin crash would not affect the company. The economist explains that even if this were true, it is unlikely that Strategy’s investors would actually be fine with losing 90% of their investment.

In the event that the Bitcoin price does crash 90%, Peter Schiff explains that the MSTR stock will likely be trading at a huge discount compared to its BTC holdings. In this case, it could accelerate the losses of its investors.

On the BTC front, with the price still trending above $80,000, the Strategy stash is still firmly in profit. According to data from the Bitcoin Treasuries website, the company is still sitting on 16% gains, bringing its current profit on its holdings to over $5 billion at the time of writing.

Aerodrome, the largest decentralized exchange (DEX) on the Ethereum Layer 2 network Base, reported a suspected front-end compromise on Saturday, November 22. In the early hours of the weekend, the project disclosed that it is investigating an attack and asked users to avoid their centralized domains.

Dromos Labs’ Sister Protocols Hit With Another DNS Hijack

On Saturday, Aerodrome took to the social media platform X to report its ongoing investigation of a DNS hijack of its centralized domains. While assuring users that all smart contracts remain secure, the project told users to access the DEX through its decentralized mirror.

For context, a DNS hijack allows an attacker or bad actor to manipulate the Domain Name System (DNS) in order to redirect users from a legitimate website to a malicious one. In essence, this compromise redirected users of the Base-native Aerodrome to a fraudulent website on Wednesday.

It appears that the problem with the decentralized exchange might have stemmed from its domain provider. Earlier in the day, Aerodrome went on the X platform to inform Web3 domain provider My.box that its infrastructure had likely been compromised and to reach out to them.

Base-domiciled Aerodrome was not the only decentralized exchange affected by this DNS hijack, as its sister protocol Velodrome appears to be facing a similar issue. Velodrome, the largest decentralized exchange on Optimism, also reported that it is investigating a similar front-end compromise.

Interestingly, this latest DNS hijack comes roughly two years after a similar attack affected the ability of users to access both decentralized exchanges in November 2023. Blockchain detective ZachXBT, at the time, estimated the loss from the 2023 attack at about $100,000.

According to data from DefiLlama, about $399.17 million in value is locked on the Aerodrome, reflecting an almost 4% decline since the DNS hijack. Meanwhile, Velodrome’s TVL stands at about $49.74 million.

Aero And Velodrome To Become A Unified Platform In 2026

The timing of this DNS attack is rather interesting, especially as Dromos Labs, the development company behind the Base-native Aerodrome and Optimism-based Velodrome, recently disclosed plans to consolidate both protocols into a trading hub called “Aero.” 

This development will also unify the protocols’ existing tokens into the single AERO token, Dromos further revealed. The Aero trading hub is expected to launch first on the Ethereum mainnet and Circle’s Arc blockchain in the second quarter of 2026. 

According to recent reports, VanEck’s leadership has warned that rising quantum computing risks could force the firm to reduce or even exit its Bitcoin holdings.

The firm’s CEO Jan van Eck said he would “walk away from Bitcoin if we think the thesis is fundamentally broken,” a line that has stirred debate across markets and crypto circles.

Matt Sigel, VanEck’s head of digital-assets research, added that a narrow “window of uncertainty” could open if quantum machines reach a level that threatens current cryptography.

VanEck Issues Stark Warning

VanEck’s comments focus on the time between a credible quantum breakthrough and a full, network-wide migration to post-quantum signatures.

Reports have disclosed that this gap could be dangerous because attackers could exploit the period to steal funds or undermine trust.

Some researchers estimate that a careful migration might need about 76 days of highly coordinated action, a logistical challenge for a decentralized network that typically moves slowly on major changes.

VanEck CEO Jan van Eck on CNBC:

“There’s something else going on within the Bitcoin community that non-crypto people need to know about.

And that is: ultimately, VanEck has been around before Bitcoin. We will walk away from Bitcoin if we think the thesis is fundamentally… pic.twitter.com/pCUtuqBVHD

— Arjun Khemani (@arjunkhemani) November 22, 2025

Technical And Coordination Hurdles

Bitcoin’s current cryptography relies on elliptic curve signatures. A sufficiently powerful quantum computer could run known algorithms to derive private keys from public data.

That is the technical fear. Based on reports, making Bitcoin “quantum safe” would likely mean adopting lattice-based or hash-based schemes and coordinating a hard fork.

Coordination is hard because miners, exchanges, wallet makers, and node operators must all agree. That difficulty is the heart of the worry, not just the math.

VanEck’s public stance is also a hedging move. The company has launched investment products tied to quantum technology, signaling it expects quantum computing to matter financially.

VanEck CEO said the $BTC quantum risk and their readiness to dump it if the risk grows.

We must quantum proof Bitcoin in 2026.

— Ted (@TedPillows) November 22, 2025

At the same time, the CEO’s warning has put pressure on institutional players to reassess risk models and contingency plans. Some long-time Bitcoin holders are said to be looking at privacy coins that emphasize different cryptographic approaches.

Market And Policy Implications

If an institutional player with VanEck’s profile signals a possible exit, market confidence could shift quickly. Institutional flows matter. A scramble to move large holdings would increase price volatility and could trigger further sell orders.

Regulatory and national security agencies have also been paying attention; guidance from some national cyber centers suggests critical systems should adopt post-quantum measures well before threats are immediate, with planning horizons that reach into the next decade.

Featured image from Yuichiro Chino/Getty Images, chart from TradingView

In a recent announcement, cryptocurrency exchange Coinbase revealed that it is conducting a scheduled migration of significant amounts of digital assets to new internal wallets.

Why Move Funds To New Wallets?

On Saturday, November 22, Coinbase executed the migration of large crypto funds (specifically Bitcoin and Ether tokens) from internal legacy wallets to fresh wallets. According to the exchange’s announcement, this significant asset movement is a standard security practice to avoid keeping funds in the same publicly known wallet addresses for long periods.

The crypto exchange noted that this wallet migration has been “planned well in advance” and is not related to industry landscape shifts or the current price structure. Additionally, the exchange said that any large-volume on-chain movement is not associated with any cybersecurity threats or data breach incidents. 

Coinbase wrote to users in the announcement: 

As part of our efforts to maintain our industry-leading security standards, Coinbase will undergo internal wallet migrations for BTC and ETH. This is a standard practice that reflects our commitment to keeping assets safe. During this time, Coinbase will migrate funds on-chain from legacy internal wallets to new internal wallets.

The US-based exchange warned users to be vigilant during and after the migration, as scammers and bad actors may try to take advantage of the situation. Coinbase reminded users that no representatives will reach out to customers requesting their login information or ask them to move their funds.

As seen with significant security breach incidents in recent years, hackers tend to target cryptocurrency exchanges due to their centralized nature. Moreover, the (often necessary) use of hot wallets, which are always connected to the internet, adds an extra layer of security risk to crypto exchange operations.

Hence, Coinbase’s initiative to not keep user funds in a single reserve or publicly known internal wallets minimizes the risk of long-term exposure. 

How Much BTC Did Coinbase Move?

The Bitcoin Exchange Reserve metric fell significantly on Saturday, with over 200,000 BTC withdrawn from exchanges in the past day. Given Coinbase’s earlier announcement, it should be little surprise that there was a substantial impact on this on-chain metric on the day.

According to Darkfost, a pseudonymous on-chain analyst on the X platform, this wallet migration saw the exchange move around about 300,000 BTC (equivalent to over $25 billion). The analyst noted that the Bitcoin Exchange Reserve metric will eventually correct and update with the new Coinbase-controlled addresses.

Crypto ATM company Crypto Dispensers is considering a $100 million sale in an ongoing strategic review. Interestingly, this development comes just three days after the firm’s founder was charged with money laundering by the US Department of Justice.

Crypto Dispensers: Sale On The Table, Founder In The Spotlight

Crypto Dispensers was founded in 2017, initially offering users a cash-to-Bitcoin service via hardware-based ATMs placed in high-traffic shopping centers. In 2020, the company expanded with a software solution that enabled in-store cash deposits at retail registers, and later developed into a full payment platform supporting Bitcoin purchases through debit/credit cards, ACH transfers, and wire transfers

On November 21, 2025, the ATM operator announced its decision on onboard advisers in a strategic review to determine its phase of development. In particular, the company is evaluating a $100 million sale offer amid a consolidation wave moving across the cash-to-crypto.

However, this potential transaction is drawing much traction following a recent indictment of Crypto Dispensers founder and CEO Firas Isa. On November 18, the DOJ, Northern District of Illinois, laid allegations of money laundering against Isa and Virtual Assets LLC, a registered business name for Crypto Dispensers. 

According to the US prosecutors, Isa, a 36-year-old man from Frankfort, Illinois, allowed criminals and fraud victims to transfer over $10 million in narcotics activities and wire fraud proceeds using Crypto Dispensers ATMs. Thereafter, Isa, whom the DOJ alleges knew of these illegal sources, converted the funds to cryptocurrencies, which were distributed to virtual assets to mask the original ownership. 

Notably, Firas Isa makes no reference to this indictment in announcing Crypto Dispensers’ potential acquisition. Rather, the CEO has attributed the ongoing process to understanding the most valuable future for the crypto ATM operator. 

Isa said:

From day one our mission was simple. Build a safer and more accessible way for ordinary people to get Bitcoin. Hardware showed us the ceiling. Software showed us the scale. We built the infrastructure, the compliance controls, and the partnerships that allow people to buy Bitcoin with the same payment methods they use in their daily lives. This review is about understanding the next stage of growth and determining which path creates the most value for the platform we have built.

The DOJ has charged both Isa and Crypto Dispensers with one count of wire fraud, to which the defendants have pleaded not guilty. If convicted in the expected trial, the company CEO faces a maximum prison sentence of 20 years.

Crypto Market Overview

At the time of writing, the total crypto market cap is valued at $2.9 trillion, following a slight 0.02% gain in the last day. 

A recent on-chain evaluation has been published, which suggests that Bitcoin may be entering into a classic deceptive phase in its market cycle, a dynamic that poses a trap for potential market participants expecting a straightforward price recovery.

‘New Whales’ Capitulate, But Market Accumulation Resumes

In a QuickTake post on CryptoQuant, a market analyst with the pseudonym Sunny Mom explored the signs typically indicative of a brewing trap within Bitcoin’s current market structure. The crypto expert began by revealing that the recent heavy price corrections have been driven by a surge in Bitcoin investors’ realized losses. In particular, the analyst had identified New Whales, i.e, large BTC holders who bought late into the rally, as the major selling force, as they have been moving to offload their positions and cut their losses.

While the rise in realized losses usually signals a local price bottom formation due to wipeouts of these weaker hands, Sunny Mom also warns that such conjecture holds no significant water in this scenario, because the current stage of the market cycle (cooling phase) is one where buy-side strength can only be verified with presently unavailable data.

However, there is a concurrent accumulation among the ‘smart money’ investors. As seen in the chart above, Sunny Mom notes there is a momentum shift in the market pattern, as the 30-day % change in investor accumulation pattern has flipped into positive values from negative readings, alongside the total Whales’ Total Balance showing signs of gaining stability and a slight upward orientation. All of these positive developments began unfolding within the $80,000-$95,000 price levels amid the market-wide panic, reflecting that smart money investors are highly attracted to this price range and are accordingly accumulating within it.

Price May Rally Into January To Retest ATH — If All Goes Well 

Notably, the bullish signs, i.e., whale balance stabilization and accumulation patterns identified by Sunny Mom, suggest that a local price bottom could soon be established, leading to a price rebound in the short term. 

However, the on-chain analyst warns that this possible price rebound may not necessarily extend into a sustained upward rally. In the right conditions are right conditions as seen earlier this year, Bitcoin may record a price rally into January next year, where a ‘lower high’ close to the ATH is formed, or perhaps the ATH value might even be tested.

Notably, Sunny Mom also warns that Bitcoin’s oldest holders, its ‘Old Whales’, remain largely inactive despite weakening prices and increased accumulation. This inactivity can result in a trap where even the modest price recovery may trigger Old Whale selling activity, which historically signals the end of market cycles.  As of this writing, Bitcoin is worth $84,301, reflecting a 1.09% loss over the past day.

Fundstrat’s Tom Lee disclosed in a recent interview that last month’s flash event is still echoing through crypto markets, and that those ripples help explain Bitcoin’s recent slide.

According to Lee, the shock on October 10 damaged key market makers—firms that provide trading liquidity—forcing them to pull back and tighten activity.

That pullback, he said, has fed a slow drip of selling that continued into November as investors reassessed risk.

Market Maker Strain Triggered By Trading Glitch

Based on reports, Bitcoin traded near $125,000 on October 6 and held around $120,000 days later before tumbling to the mid-$80,000 range by November 20.

Lee pointed to a technical fault on one exchange where a stablecoin briefly lost its $1 peg amid thin liquidity and internal pricing errors.

That misquote was used by the exchange to price trades, which set off Auto-Deleveraging (ADL) events and a chain of forced liquidations across venues.

The result: several market makers saw their balance sheets weaken, and their reduced activity helped sustain selling pressure rather than absorb it.

ETF Outflows And Macro Forces Add Pressure

The market hit has not been only structural. Reports show Bitcoin fell about 23% this month, while ETF outflows have approached $3 billion, giving traders another reason to step back.

A stronger US dollar and talk of more Federal Reserve tightening have also weighed on sentiment, making it harder for risk assets to hold gains.

Technical indicators picked up by analysts show an RSI around 25.47, which many read as oversold, while MACD readings remain in bearish mode. That mix leaves traders divided between bargain hunters and cautious sellers.

Why Traders Might See A Swift Turnaround

Lee argued that past episodes of forced selling tended to reverse once pressured accounts were exhausted and patient buyers reentered the market.

He suggested Bitcoin could test $77,000 and that Ether might fall toward $2,500 before any steady rebound. Based on his view, the repair of market-making systems and code fixes should stop similar cascades from repeating.

Some funds, he noted, are holding large cash positions and are waiting for clearer signs that liquidity has returned.

A Narrow Window For Recovery Or Further Downside

Investors should watch several things in the coming days: the behavior of large funds, ETF flows, and whether exchanges change how they source prices for margin events.

Reports have disclosed that when automatic systems rely too heavily on internal quotes during low-liquidity moments, risk can amplify rapidly.

Lee thinks volatility isn’t done, though he also argues that once the market’s core problems are patched up, the rebound toward old highs could race ahead of the recent slide.

Featured image from Pexels, chart from TradingView

Crypto pundit Cobb has explained why a supply shock could be imminent for XRP. This follows the launch of two ‘33 Act XRP ETFs, including Bitwise’s fund, with more set to launch next week. 

Why XRP Could Soon Witness A Supply Shock

In an X post, Cobb declared that a supply shock is coming for XRP. This came as he noted that the market is not pricing in the impact the XRP ETFs could have, like they did with Bitcoin and Ethereum. Notably, BTC had rallied to new highs following the launch of the Bitcoin ETFs last year. ETH also saw a significant price increase this year, as Ethereum ETFs experienced a massive spike in inflows. 

Cobb’s statement came in response to crypto pundit Chad’s prediction of the funds taking in a net inflow of a billion daily, with 500 million of the altcoin sent to storage daily. He stated that the token’s price won’t remain at $2 as that happens. It is worth noting that there are currently two existing ‘33 Act spot XRP ETFs issued by Canary Capital and Bitwise. 

SoSo Value data shows that these two funds haven’t come close to recording daily net inflows. So far, their highest daily net inflows have been $245 million, which was what Canary recorded on the first day of trading. However, since then, the daily net inflows have dropped despite the launch of Bitwise’s fund earlier this week. 

The drop in net inflows for the funds comes amid the crypto market decline, which may be contributing to this development. Notably, Canary Capital CEO Steven McClurg had predicted that the funds could take in $10 billion in inflows in their first month, depending on the market conditions. 

More Funds Set To Launch

More XRP ETFs are set to launch, which could further boost the inflows into these funds as a group. Bloomberg analyst Eric Balchunas revealed that Grayscale has received approval from the NYSE Arca to launch its fund on November 24. Meanwhile, his colleague James Seyffart had earlier stated that Franklin Templeton was also likely to launch its fund next Monday. 

Asset manager 21Shares has also filed a Form 8-A for its fund and could begin trading as soon as next week once it gets certification from CBOE. Crypto pundit Chad recently claimed that the altcoin’s price could rally to as high as $220 as these funds continue to accumulate more coins. He noted that BTC’s price nearly doubled following the launch of Bitcoin ETFs and expects the impact of the funds on XRP to be far more significant. 

At the time of writing, the altcoin’s price is trading at around $1.91, down over 2% in the last 24 hours, according to data from CoinMarketCap.

In a market renowned for its volatility, Bitcoin is currently navigating a particularly challenging period that is poised to mark an unfortunate milestone. As the trading week draws to a close, BTC is on track to post its worst weekly performance in over a year. 

Will This Week Mark A Capitulation Point For Bitcoin?

Bitcoin is now firmly on track to log its worst weekly performance in over a year, and it’s also shaping up to become its second-worst November in history. A full-time crypto trader and investor, Daan Crypto Trades, has mentioned on X that historically, November is the best-performing month in terms of average returns. This sharp deviation from the norm is a significant disappointment for many, making 2025 a challenging year so far for the crypto market.

Daan believes that BTC will shine again in the decade to come. These unexpected downturns in the market may not always be enjoyable, but they are essential in the long run. The most crucial thing you need to do is survive. It is worth noting that red rectangles usually come with a lot of green rectangles. Thus, Daan claims investors need to endure the red for long enough.

The CEO of SwanDesk Financial, Jacob King, has highlighted that one of the biggest red flags signaling the Bitcoin bubble was about to burst when Jamie Dimon, CEO of JPMorgan, suddenly flipped bullish on BTC earlier this year. For years, Dimon told investors to stay away from BTC, calling it a giant fraud. The reality is that these Wall Street banks probably bought billions worth of BTC early on and needed more time to accumulate their positions quietly, without driving up the price against themselves.

At the peak, when they need exit liquidity, they would promote it to their customers to buy, and push extreme price targets to draw in fresh demand. King stated that “Wall Street is sleezy, and anything they say should be taken as a direct cue to expect the opposite, especially when it comes to crypto.”

A Capitulation Event Bitcoin Has Never Seen Before

An analyst known as the Master of Crypto has offered insights into investors’ action, noting that short-term Bitcoin holders are experiencing pressure at a level the market has never recorded before. During the COVID-19 crash in March 2020, when BTC swiftly slipped to about $3,850, roughly 92% of recent buyers were sitting on losses. 

Fast forward to the devastating fallout from the FTX collapse in November 2022, and that number rose to roughly 94% as BTC tumbled to the $16,000 mark. The current data show an even sharper shock as over 99% of all short-term holders are in the red near the $89,000 level. Analysts across the board are calling this the most intense wave of capitulation that the BTC market has ever experienced.