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Crypto analyst Matthew Hylan has commented on the Bitcoin price action as it continues to lag behind gold and the stock market. This comes as BTC suffers another downtrend despite recent bullish macro factors. 

Why The Bitcoin Price Is Lagging Behind Gold and The Stock Market

In an X post, the analyst noted that the Bitcoin price has historically lagged behind gold and the stock market, suggesting there was no reason to be concerned about the current price action. The analyst alluded to the last market cycle, when a similar occurrence occurred, but BTC eventually rallied higher then. 

This was in the summer of 2020, when the stock market had recovered from the COVID crash while gold surged past $2,000 on inflation concerns. Meanwhile, the Bitcoin price ranged between $9,000 and $12,000, which was below its peak in the 2017 market cycle. However, that period marked the final accumulation phase, as BTC went on to hit $20,000 by year-end 2020, kicking off a bull run for the flagship crypto that eventually rallied to $64,000 by 2021. 

Matthew Hylan indicated that this macro moment could again play out for the Bitcoin price even as it lags behind gold and the stock market. Gold has reached new highs last month amid the ‘debasement trade’ while the S&P 500 has continued to hit new highs with the AI boom. BTC, on the other hand, has been on a downtrend since hitting a new all-time high above $126,000 in early October. 

It is worth noting that the Bitcoin price has suffered its most recent downtrend despite bullish macro factors, such as the trade agreement between the U.S. and China. The Fed also recently cut rates by 25 basis points (bps). Fed Chair Jerome Powell also signalled that the U.S. central bank will end quantitative tightening by December, which could inject more liquidity into risk assets like BTC. 

BTC Might Not Be Done Yet

Crypto analyst Ali Martinez predicted that the Bitcoin price could still reach a new ATH. He highlighted a pattern that he noted could indeed be a broadening top. The analyst added that BTC could first hit a new ATH, followed by a “brutal reversal” if the pattern plays out. His accompanying chart showed that Bitcoin could rally to almost $130,000 based on the broadening top. 

Meanwhile, CryptoQuant founder Ki Young Ju stated that the Bitcoin market is fine only if the 4-year cycle theory is wrong. Based on the cycle theory, the Bitcoin price is expected to top around this period. However, experts like Bitwise CIO Matt Hougan have asserted that the 4-year cycle is done and that the bull run could extend till next year. 

Related Reading: Bitcoin Price To Recover? Here Are Some Developments You Should Be Aware Of

At the time of writing, the Bitcoin price is trading at around $107,800, down over 2% in the last 24 hours, according to data from CoinMarketCap.

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

Check out our Live Next Crypto to Explode Updates for November 3, 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. Michael Saylor Teases 13th Bitcoin Buy as Trump’s Trade Deal Lifts Markets — Is Bitcoin Hyper ($HYPER) the Next Crypto to Explode?

November 3, 2025 • 10:00 UTC

Founder of Strategy, Saylor, has hinted at another major Bitcoin Purchase, which will make it the company’s 13th consecutive $BTC buying streak.

In a post on X, Saylor noted that ‘Orange is the color of November.’ Historically ‘Orange’ hints from Saylor have meant that a Bitcoin buy is in the offing.

With Strategy already holding 640,808 BTC, the company’s portfolio has appreciated by over 48% since its inception. That said, the company’s last buy was just last Monday where it accumulated another 390 $BTC.

Strategy’s most recent purchase amid the recent market volatility is another example of Saylor’s unshakable faith in Bitcoin and its long-term value.

Meanwhile, President Donald Trump has waved the truce flag with China by signing a new trade deal with President Xi.

With Saylor’s bullish tweet and favorable macroeconomic tailwinds, analysts expect $BTC to rally this November. Bitcoin Hyper ($HYPER), a Layer-2 scalability project designed to make life easier for $BTC holders, is now perfectly positioned to ride this momentum.

Find out what makes Bitcoin Hyper the next crypto to explode.

Bitwise CEO Says Wall Street Will Dive Into Crypto Within a Year — Is Pepenode ($PEPE) the Next Crypto to Explode?

November 3, 2025 • 10:00 UTC

Bitwise’s Hunter Horseley cited on X that every wall street institution will be involved in crypto by next year. His forecast isn’t farfetched as the growing trend in TradFi show that global institutions managing over $30T are actively expanding their exposure to digital assets.

Although DeFi only accounts for less than 0.5% of TradFi’s total market scope, its growing influence is evident through tokenization, yield products, and programmable real-world asset structures.

BlackRock leads the charge with over $87M in spot Bitcoin ETFs and $10B in Ether ETFs. Meanwhile, major institutions like JPMorgan, Fidelity, Goldman Sachs, and BNY Mellon are also experimenting with tokenized funds, regulated DeFi, and on-chain settlement models.

As the institutional momentum is building, investors are exploring for the next 100X project to position themselves for the market’s next bull run. One standout project gaining massive traction in its presale is PEPENODE ($PEPENODE), a gamified mine-to-earn ecosystem that fosters a competitive environment and offers attractive meme coin rewards.

Learn how to get your hands on Pepenode ($PEPENODE) here.

Authored by Bogdan Patru, Bitcoinist — https://bitcoinist.com/next-crypto-to-explode-live-news-today-november-3-2025

Solana Foundation executive Vibhu Norby ignited a fresh round of cross-ecosystem debate this weekend, challenging XRP supporters to ground their bullish narratives in verifiable network metrics rather than aspiration. In a series of posts on X, Norby said he “want[s] Ripple and XRP to succeed at an insane degree,” but argued that “the community does not argue with facts, even though the data is readily available.” He added: “as a longtime engineer and truth seeker, that bothers me.”

Norby Says XRP Growth Stalled

The core claim is that—measured by on-chain activity—the XRP Ledger’s growth has been “extremely mediocre” relative to faster-growing chains, most notably Solana. Citing XRPScan, he said the “active daily accounts shows no 3-year improvement, hovering around 25,000 daily active accounts,” while “this year, Solana is averaging over 2.5 million daily active accounts. That’s 100x.” Short of debating sentiment or distant roadmaps, he framed the discussion as empirical: “The fiction is very far ahead of the facts.”

The activity gap was a through-line in Norby’s posts. On throughput, he pointed to XRP’s roughly 1–1.5 million daily transactions and contrasted that with Solana’s order-of-magnitude higher traffic: “the total daily transactions, around 1.5 million per day, is outclassed by Solana which is handling about 100 million per day.”

While exact daily figures vary with market conditions and data providers, independent dashboards corroborate the broad picture: XRP’s transactions typically sit in the low-single-digit millions per day, while Solana’s effective user-facing throughput has been documented near the ~1,000 TPS range with peaks far higher under stress; counting all transaction types, Solana’s raw transaction count regularly dwarfs legacy chains. “Currently, XRPL is handling about 17 TPS, according to XRPScan. Solana executes 1000 non-vote TPS on mainnet, and often more,” Norby said.

Norby also trained attention on value transfer rather than just message count. “XRP’s transfer volume today is about $50–60 billion per month. However, Solana’s October stablecoin transfer volume alone, which is a small subset of all network assets, was almost $2 trillion,” he wrote.

Anticipating the most common rejoinder—“oh it’s all fake, bots, etc.”—Norby argued that the Solana-side data excludes wash behavior in the stablecoin tallies he referenced and that fee structures are not a sufficient explanation for alleged bot asymmetry. “Given both XRPL and Solana have similarly low transaction fees, there’s no reason why Solana would uniquely attract bots that XRPL wouldn’t,” he wrote, adding that the on-chain payments edge in Solana remains “a huge measurable margin” even after obvious noise filters.

The exchange quickly broadened beyond raw counters to product-market fit. One defender asserted that “XRP isn’t for retail and memecoins. Financial institutions are heavily regulated and slow to adopt.” Norby rebutted that premise bluntly: “They haven’t been slow to adopt – lol. They’re just adopting stablecoins, not XRP.”

In a separate reply to a question about what’s driving Solana’s relative outperformance, Norby’s answer was a one-word thesis: “Technology.” He later summarized the posture of the XRP army he believes the data supports with a pointed quip: “Solana is a bridge currency.”

Norby also dismissed the idea that RippleNet’s progress should be conflated with on-chain traction: “One cannot have a view on RippleNet because it appears to be simply a private business. Therefore it’s hard to argue it has any bearing on XRP.”

That distinction echoes long-standing commentary that RippleNet, as an enterprise messaging and settlement network, can operate independently of XRP unless specific corridors use On-Demand Liquidity mechanisms. “Offchain connections are entirely commoditized,” Norby added, casting political or banking relationships as insufficient substitutes for measurable on-chain usage.

As the thread grew, community pushback coalesced around two counterclaims: that XRP’s design goal is institutional settlement rather than retail-heavy app ecosystems, and that a “HODL-heavy” holder base naturally depresses daily active address counts. Norby responded that Solana, too, is held by large numbers of passive investors—“Believe it or not, many people also just buy SOL and hold”—but “the difference is that people also actually use Solana.”

He concluded with a challenge: “Open offer to any community member or Ripple executive: let’s do a livestream debate right here on X. You bring facts, I bring facts. Facts are important. Let the internet decide who wins.” He also hosted a public X Space to continue the discussion.

https://t.co/DnhmpYDmRX

— vibhu (@vibhu) November 2, 2025

None of the above makes Ripple’s endgame impossible. Norby repeatedly allows that “it is very possible that XRPL wins,” framing his argument as a present-tense snapshot rather than a terminal verdict. But his counsel to investors is unsparing: “If you hold XRP as an investment, you need to seriously consider how much longer it’s worth waiting around.”

At press time, XRP traded at $2.40.

Quick Facts:

• Bitcoin Hyper’s upcoming Layer-2 solution upgrades the slow and clunky Bitcoin blockchain for Web3, unlocking a wide range of use cases across DeFi, NFTs, and real-world tokens – to name just a few.
• While Bitcoin is widely regarded as digital gold, Bitcoin Hyper extends that idea, turning it from a store of value into a thriving ecosystem for creative new decentralized applications.
• Currently, early backers can grab Bitcoin Hyper’s native crypto by joining the viral presale that has already smashed through $25.6M.

Bitcoin has rightfully earned the title ‘digital gold’.

Today, it’s a reliable store of wealth, as demonstrated by its 174,410,533% lifetime growth. Now compare that to gold’s, and you’ll understand why the term fails to capture Bitcoin’s potential.

This is because Bitcoin doesn’t just preserve value like gold. It generates value, thanks to the underlying blockchain technology that continues to disrupt industries. AI and real-world tokenisation, in particular, are predicted to take crypto to new heights.

However, this Web3 expansion has nothing much to do with the Bitcoin network.

Sure, Bitcoin remains the crypto king with a massive market cap of $2.14T. But its underlying blockchain constrains its speed and functionality.

While Bitcoin was introduced to the world as a peer-to-peer digital cash network, it’s still far away from accomplishing that dream.

Can you imagine paying for coffee with $BTC?

With its speed sometimes as low as 2.8 transactions per second, $BTC transactions are simply not designed for everyday payments.

Bitcoin’s market cap comes as a surprise when you compare the blockchain’s speed to traditional payment networks like Visa, which is capable of handling around 65K transactions per second.

In fact, there is a long list of blockchains that rank higher than Bitcoin in speed.

Solana, in particular, is well-known for its fast network – theoretically capable of 65K transactions per second. More importantly, its developer-friendly blockchain is a hot hub for creative new Web3 projects.

What sets Bitcoin apart from gold is its technological foundation. Interestingly, however, that foundation is built on other blockchains. Bitcoin’s network constraints prevent it from exploring new crypto frontiers like DeFi, NFTs, gaming and real-world tokenization.

This gap explains why institutions are diversifying their reserves into altcoins like Ethereum, XRP, Solana, and BNB, which offer both speed and programmability.

It’s about time Bitcoin overcame these bottlenecks and turned the long-held dream of hitting $1M into a tangible possibility. And that’s where Bitcoin Hyper is stepping up to the plate, placing it among the best crypto presales of the year. How Bitcoin Hyper Unlocks Bitcoin’s Full Potential

Bitcoin Hyper ($HYPER) is developing a Layer-2 solution that could finally address Bitcoin’s lack of speed and programmability – all while maintaining its proven security framework.

At the heart of the solution is a non-custodial Canonical Bridge, which helps issue a wrapped version of Bitcoin on the Layer-2 network, which can then be used across the broader Web3 ecosystem.

More importantly, it could finally bring DeFi, NFTs, micropayments, and real-world assets to the Bitcoin blockchain at near-zero transaction costs. This is made possible by the Solana Virtual Machine, which makes the network compatible with smart contracts.

In other words, Bitcoin could soon evolve into a Web3 hub, without relying on the reputation of other blockchains to drive its growth or expand its market cap.

As companies increasingly accumulate Bitcoin as a strategic reserve asset and crypto regulations become friendlier, the importance of a project like Bitcoin Hyper can’t be stressed enough.

Given this promising backdrop, our Bitcoin Hyper price prediction sees the native crypto $HYPER potentially outperforming Bitcoin in terms of annual ROI. Being much younger and having a smaller market cap, it could have considerably more room for returns.

Read our guide to buying Bitcoin Hyper for step-by-step instructions on joining one of the best crypto presales this season. $25.6M Raised: Why You Shouldn’t Miss the Presale Window

Bitcoin Hyper is now hosting the presale of $HYPER tokens, where early backers can grab it for fixed, discounted prices.

Since the token is used for transactions, staking incentives, and governance, its long-term growth is tied to both network adoption and Bitcoin’s journey ahead.

For the same reason, the token is expected to take off once it hits exchanges, especially if the launch aligns with the next crypto super cycle.

While 30% of the token supply is set aside for product development, 20% is reserved for marketing. And product development is progressing steadily, instilling confidence in its future.

Whales have already begun accumulating the token for low prices in the presale, with some transactions worth $379K and $274K.

But there isn’t much time left to buy the token at its current price of $0.013215 and unlock a 46% staking APY.

The price is set to increase in just one day.

Join the $HYPER presale now.

But as always, do your own research before investing in crypto. This is not financial advice.

Authored by Bogdan Patru, Bitcoinist – https://bitcoinist.com/bitcoin-hyper-nears-26m-best-crypto-presale

Senator Elizabeth Warren has formally pushed back against a threatened defamation claim from Changpeng “CZ” Zhao’s legal team, saying any lawsuit would be without merit.

The exchange centers on a social media post Warren made on Oct. 23 and the lawyers’ competing accounts of what her post meant and whether it repeats information already in public records.

Warren’s Lawyer Pushes Back

According to a letter filed by Warren’s attorney, Ben Stafford, the senator relied on public DOJ materials and court records when she commented about the matter.

Stafford wrote that a defamation suit would lack legal basis and that public statements from the US Department of Justice were the source for key factual points.

Reports have disclosed that Stafford’s response stressed First Amendment protections for commentary about public figures.

Warren’s Post And Sources

Based on reports, Warren’s post referenced language that appeared in DOJ disclosures from 2023 and related filings. Those public documents were cited by multiple outlets that obtained the letters exchanged between the parties.

The story has been reported by mainstream and crypto-focused newsrooms, and the primary letters — one demanding a retraction and the other replying — were highlighted as central evidence in the dispute.

CZ pleaded guilty to a criminal money laundering charge and was sentenced to prison.

But then he financed President Trump’s stablecoin and lobbied for a pardon.

Today, he got it.

If Congress does not stop this kind of corruption, it owns it. pic.twitter.com/NsWeaJcVeK

— Elizabeth Warren (@SenWarren) October 23, 2025

CZ’s Legal Demand And The Timeline

CZ’s legal demand was sent by Teresa Goody Guillén, who is identified in coverage as counsel for Zhao, co-founder and former CEO of Binance.

The demand requested a retraction of Warren’s Oct. 23 post and threatened litigation if the post were not removed. CZ publicly said he might sue unless the post was taken down.

On Lawsuits & Pardons

In November 2023, Zhao admitted guilt for not keeping Binance’s Anti-Money Laundering program up to standard, violating the Bank Secrecy Act, and was later sentenced to four months in prison by a Seattle court in April 2024.

Warren later fueled controversy with a post on X claiming Zhao had financed US President Donald Trump’s stablecoin project and sought a pardon, a statement that reignited public debate over Trump’s connection to Binance and his family’s crypto startup, World Liberty Financial.

Legal Hurdles For A Defamation Suit

According to legal commentators quoted in reporting, defamation claims against public figures face a high bar under US law because plaintiffs must show “actual malice” — that a false statement was made knowingly or with reckless disregard for the truth.

That standard was raised in classic Supreme Court rulings and was referenced repeatedly in the coverage as a reason why some lawyers view a suit here as a long shot.

Featured image from Vocal Media, chart from TradingView

Back in September 2025, the Altcoin Season Index, which tracks the performance of the top 100 altcoins against that of Bitcoin, had reached a new yearly peak. This rise had triggered positive sentiment in the market, with calls for the altcoin bull run to finally begin. However, the tide has since turned, and hopes for another altcoin season have been dashed. Now, the index has crashed back downward, moving toward its yearly lows.

Altcoin Season Index Falls To 39 From 78

The Altcoin Season Index on the CoinMarketCap website has declined to a score of 29, representing an over 50% crash from its September highs. Back then, the Altcoin Season Index had climbed to a score of 78, suggesting that altcoins were in a bull market. However, this move was short-lived with the market crash that followed, especially in the month of October.

This index takes into account how the top 100 altcoins by market cap have performed against the Bitcoin price over a 90-day period and uses it to score the chart. The more altcoins are outperforming Bitcoin during this timeframe, the higher the score on the index.

A score of 29 means that only 29 altcoins of the top 100 have seen better performance compared to the Bitcoin price over this 90-day period. The likes of Binance-backed ASTER and ZCASH’s ZEC lead this list after seeing an over 900% increase each during this time.

Interestingly, the Ethereum price appears in the list of altcoins outperforming the market leader, coming in with a 5.18% increase for ETH compared to the 4.32% decline suffered by Bitcoin at the time of writing.

What This Means For Altcoins

The current score of 29 on the Altcoin Season Index represents the poor performance of altcoins over the last few months, as they were especially rocked by the October 10 crash. However, this is not completely bad news for the altcoin market, going by historical performance.

Looking back, a bull run has always begun when the index falls to low levels. Before the September 2025 rally, the Altcoin Season Index had fallen below 40 before marking a bottom. Thus, the current low index score, coupled with market sentiment declining into fear, could suggest that a bottom is close.

Over the past two weeks, the world’s leading cryptocurrency has struggled to break definitively above the $116,000 price mark while also testing the $106,000 support. As Bitcoin consolidates around $110,000, the latest on-chain analysis suggests an exciting outlook despite the recent price struggles.

Why Bitcoin Price Might Soon See Expansion

In a QuickTake post on the CryptoQuant platform, XWIN Research Japan, a crypto research institution, explores the possibility of a price reversal in the Bitcoin market, saying the current consolidation might be representative of asset-building momentum. The institution’s optimistic conjecture relies on readings obtained from three important on-chain metrics.

Firstly, XWIN Research Japan highlights that there has been a sharp drop in Open Interest across futures exchanges since its peak established in September. For context, the open interest is the total number of outstanding futures or options contracts that have not been settled or closed.

A sharp decline in open interest is usually indicative of events referred to as “leverage wipeouts,” where speculative positions are forced out of the market. Historically, a simultaneous decline in open interest alongside the cryptocurrency’s price has often led to market resets, which typically precede sustainable price rallies as a result of growing spot demand.

 

Furthermore, the education and research institution references the Spent Output Profit Ratio (SOPR) metric, which tracks whether investors are predominantly selling at a profit or loss. The SOPR has reportedly found stability around 1.0, meaning that the majority of Bitcoin traders are trading around their cost basis. By extension, this points out that traders are neither in significant profits nor deep in losses.

According to XWIN Research, this is a good sign that points to the end of the previous capitulation phase, and reflects the absorption of short-term holder supply by long-term holder demand.

As all of these unfold underneath the surface, XWIN Research also postulates that liquidity might also be accumulating for the benefit of the flagship cryptocurrency. As reported by the institution, the total amount of the stablecoin ERC-20 in supply has reached an all-time high of approximately $158.8 billion. The crypto research institution speculates that if the market sentiment sees an improvement, as much as $158 billion in ERC-20 might be waiting on the sidelines to contribute upward pressure to Bitcoin’s price.

Related Reading: Bitcoin Options Data Shows Rising Caution Beneath Supposedly Calm Market – Details Bitcoin Price Overview

At the time of writing, Bitcoin is worth about $109,918, with data from CoinMarketCap revealing a slight growth of 0.22% over the past day. 

Financial writer and investor Robert Kiyosaki has renewed his stark warning that a deep market collapse is under way, saying a “massive crash” is in progress and that “millions will be wiped out.”

According to his post on X on November 1, he urged people to move money into hard assets such as silver, gold, Bitcoin (BTC) and Ethereum (ETH). He also repeated a long-held forecast that Bitcoin could reach $1 million, and called silver the “biggest bargain,” saying it could triple in price.

Institutional Flows And Regulatory Signals Strengthen Bitcoin

Based on reports, Bitcoin has been drawing heavy interest from big investors. Institutional adoption and clearer rules have pushed fresh money into crypto ETFs, and BTC has hit new all-time highs as a result.

In the last 24 hours, Bitcoin’s price moved 0.70% to $110.780 while trading volume climbed 35% to $29 billion. Market watchers point to improvements in the Lightning Network and growing ETF inflows as factors helping Bitcoin trade more efficiently and attract larger holders.

MASSIVE CRASH BEGININING: Millions will be wiped out. Protect yourself. Silver, gold, Bitcoin, Ethereum investors will protect you.

Take care

— Robert Kiyosaki (@theRealKiyosaki) November 1, 2025

Kiyosaki’s Calls Have Been Repeated Over Years

Kiyosaki’s warnings are familiar. He predicted crash events in 2011, 2016, 2020 and early 2023, and those previous calls did not match the catastrophic timing he described.

Critics say his calls often arrive early or overstate the harm. Reports have disclosed that this pattern has reduced his credibility among some analysts, even though many agree that debt levels, inflation pressures and tech-driven job shifts are real concerns.

Why Some Investors Are Listening

Investors who fear a downturn are shifting part of their portfolios. Many prefer assets they view as stores of value. Gold and Bitcoin are being named as likely destinations for capital if a market unwind accelerates.

Kiyosaki argues that conventional savings and fiat holdings are unsafe, calling them “fake money,” and advises people to own precious metals and selected cryptocurrencies to protect purchasing power.

Middle Markets Still Show Mixed Signals

While institutional flows into crypto products have been reported as record-setting, other measures are less certain. Trading volumes have fallen at times even as prices climb, and some analysts warn that rapid inflows can be followed by volatile exits.

Based on reports, exchanges and funds are monitoring liquidity and investor behavior closely. That monitoring is meant to prevent sudden stress in markets where leverage or thin order books can magnify moves.

Silver, Gold And Crypto Remain Central To The Debate

Kiyosaki’s strategy centers on moving wealth into physical and digital assets. He places a strong bet on silver, expects a large move into gold, and highlights Bitcoin and Ethereum as crypto choices.

Whether that rotation happens on a wide scale will depend on investor appetite and how central banks respond to inflation and debt pressures in the months ahead.

Featured image from Unsplash, chart from TradingView

Bitwise has taken another major step towards its bid to launch a US XRP spot ETF. This development follows the asset management’s achievement in launching the first-ever US Solana Spot ETF last week on the New York Stock Exchange (NYSE).

Bitwise Re-submits S-1 Form For XRP Spot ETF, Eyes Launch In 20 Days

According to Bloomberg ETF analyst Eric Balchunas, Bitwise recently filed an amendment to its S-1 registration form for the Bitwise XRP ETF. The filing, labeled Amendment No.4, includes new key details such as the exchange listing venue (NYSE) and a management fee of 0.34%. 

Balchunas describes these updates as “the last boxes to check,” indicating that Bitwise may have reached the final stage of approval. The amendment filing suggests the asset manager has completed major rounds of feedback with the SEC, with the proposed XRP Spot ETF now awaiting launch. 

Bloomberg’s James Seyffart also confirmed the development, noting that Bitwise and VanEck have joined the growing list of issuers positioning to launch new crypto-based ETFs in November. Earlier last week, Fidelity and Canary Funds had also filed similar updates for Solana-based products, while Canary additionally filed for an XRP-linked ETF.

In particular, Seyffart notes that Bitwise’s XRP Spot ETF application contains a “shorter language” than others, i.e., looking more finalized, especially with all critical data, and could now trigger the SEC’s 20-day clock. Therefore, alongside Canary’s XRP Spot ETF, the Bitwise XRP ETF could automatically launch within 20 days following no further request or changes by the SEC.

XRP Market Overview

At press time, XRP continued to trade at $2.50, reflecting a minor 0.01% decline in the last day as the asset remained in consolidation. On larger time frames, XRP form reflects bearish dominance with losses of 4.55% and 17.27% on the weekly and monthly charts, respectively. 

According to renowned market analyst Ali Martinez, XRP’s Cost Basis Distribution Heatmap identifies its immediate resistance levels at $2.80 and $3.00. Meanwhile, the next support zone is around $2.15.  Following the recent submissions by Bitwise and other asset managers, XRP looks set to join the elite league of cryptocurrencies with a US Spot ETF.

The introduction of the XRP spot ETF is expected to significantly drive institutional interest in altcoin, resulting in long-term demand and price growth. Last week, Bitwise and Grayscale launched the first set of US Solana spot ETFs, which have gained much traction as indicated by a cumulative total net inflow of $199.21 million in four trading days.

The spot Solana ETFs (exchange-traded funds) join the Ethereum funds as the second spot altcoin-linked investment products to hit the US market in recent years. Interestingly, the latest market data shows that the exchange-traded funds have made a strong start to life, recording significant inflows in the first few trading days.

Spot Solana ETFs Reach $500 Million Net Assets In Single Week

According to data from SoSoValue, the two US-based spot Solana ETFs registered a total net inflow of $199.21 million in their first week of trading. This influx of capital reflects the optimism and growing demand for crypto-linked investment products in one of the largest global financial markets.

The week’s star performer was Bitwise’s Solana Staking ETF (with the ticker BSOL), which recorded positive inflows in the first four trading days. On Friday, October 31st, the exchange-traded fund posted a total net inflow of roughly $44.5 million, bringing the debut week’s performance to over $197 million.

Bloomberg analyst Eric Balchunas said about the Bitwise Solana ETF performance:

What a week for $BSOL, besides the big volume, it led all crypto ETPs by a country mile in weekly flows with +$417m ($IBIT had a rare off week, it’ll be back). It also ranked it 16th in overall flows for the week. Big time debut.

While Grayscale’s Solana Trust (GSOL) didn’t record any activity on Friday, it closed the week with a total net inflow of about $2.18 million. It is worth noting that the Grayscale fund launched a day after  Bitwise’s spot Solana ETF, but both exchange-traded funds have a total net asset of over $500 million.

Considering the impact of spot Bitcoin and Ether ETFs on the assets’ prices, it would be interesting to see how the performance of the Solana ETFs affects SOL’s price in the coming months. As of this writing, the price of Solana stands at around $185, reflecting a more than 4% decline in the past seven days.

Demand For Bitcoin And Ether ETFs Slows Down

The US-based Bitcoin and Ether ETFs registered unconvincing performances in the past week, as investor sentiment in the market seems to worsen by the day. The Bitcoin exchange-traded funds posted a total net outflow of over $607 million in the past week.

Meanwhile, the Ether ETFs snapped their streak of consecutive outflow weeks with a positive weekly influx of over $114 million. Nevertheless, it is worth mentioning that these crypto-linked investment products still ended the month of October with net positive inflows.

Europol has raised fresh alarm about how criminals are handling cryptocurrency. According to the agency, misuse of crypto and blockchain is growing more complex and organized, and that trend is stretching police resources across Europe.

Europol Findings And Figures

Based on reports and the agency’s own assessments, the warning followed the ninth Global Conference on Criminal Finances and Crypto Assets held on October 28–29.

EU-SOCTA 2025, Europol’s broader assessment of organized crime, flagged the same issues. Analytics firms are backing up the concern: Chainalysis and TRM Labs have estimated illicit crypto flows in 2024 measured in the tens of billions of dollars. That figure helps explain why investigators say the problem cannot be ignored.

Lawmakers and investigators cited concrete numbers during the event. A Spanish-led operation that police say laundered €460 million, roughly $540 million, was highlighted as an example of the scale and sophistication officials are facing. Other cases show criminals mixing on-chain methods with off-chain financial routes to hide money across borders.

Law Enforcement Response

Police in several countries have moved from small, local efforts to joint, cross-border investigations. Europol supported the recent €460 million probe by helping coordinate evidence and sharing forensic tools.

Still, many national units report gaps in equipment and training that slow down tracing and seizure efforts. Training is needed, and standardized tools could help investigators follow funds faster across multiple blockchains and fiat systems.

Ransomware groups, scams, and fraud rings now often use crypto as part of a larger toolkit. Reports show criminals combining hacked accounts, mixers, and private payment rails with traditional banking and shell companies.

There’s also a rise in violent robbery tactics aimed at crypto holders, sometimes called wrench attacks, which has pushed the threat from purely financial to physical safety concerns as well.

Industry Data And Trends

Based on reports from industry analysts, detection and tracking tools have improved, but criminals adapt quickly. New laundering techniques and the use of AI to automate parts of schemes were both flagged in the EU-SOCTA briefing.

That means even well-equipped teams must update methods often. Chainalysis and TRM Labs offer ongoing data that reporters and investigators watch closely for shifts in flow volumes and method changes.

Europol has urged stronger international cooperation, saying that chasing crypto across borders needs shared standards and faster information exchange. There were calls at the conference for more public-private work between law enforcement and blockchain analytics firms. Some officials also asked for wider legal clarity so banks and exchanges can act faster when suspicious flows appear.

Featured image from Unsplash, chart from TradingView

Faruk Fatih Ozer, founder of the now-defunct Thodex exchange, was found dead in his prison cell while serving his sentence in Turkey, according to local media reports. The former exchange CEO was sentenced in 2023 to 11,196 years in jail for various financial crimes.

Thodex CEO Might Have Committed Suicide: Turkish Minister 

On Saturday, November 1, Bloomberg reported that Ozer died in his prison cell in the F-Type High Security Closed Prison in the Western Turkish city of Tekirdag. Citing Turkish broadcaster TRT, Bloomberg revealed that the authorities are investigating the founder’s death, with a focus on the possibility of a suicide.

Justice Minister Yilmaz Tunc said in a statement:

An investigation has been opened on this matter and is ongoing. The exact cause of death will be determined as a result of the investigation. But currently, the initial findings indicate that it was a suicide.

Ozer was found hanging in the bathroom of his single-person prison cell, which led the investigative speculations on the cause of death being a suicide. However, the Tekirdag F-Type High Security Closed Prison has been called out in the past by some human rights organizations for its use of solitary confinement and small-group isolation.

Ozer, who established the cryptocurrency exchange Thodex in 2017, fled to Albania after the abrupt collapse of his firm in 2021. Following his extradition from Albania in 2022, the former crypto CEO, along with his two siblings, was found guilty by an Istanbul court for various crimes, including aggravated fraud, money laundering, and running a criminal organization.

Ozer revealed in a statement released shortly after the implosion of Thodex that he had thought of surrendering to law enforcement or committing suicide. However, the former exchange boss chose instead to flee Turkey for Albania in order to “stay alive and fight, work and repay my debts.”

In the initial case brought against Ozer, the prosecutor estimated the total losses incurred by investors to be around $24 million after Thodex’s collapse. However, the Turkish media put the figures as high as $2 billion, while a data analytics firm reported a $2.6 billion loss.

Crypto Total Market Cap At $3.66 Trillion

As of this writing, the cryptocurrency total market capitalization stands at around $3.66 trillion, reflecting a 0.39% jump in the past 24 hours. However, a broader look shows that the market is on a downward trend, falling by nearly 10% in the past month.

 

In the often-heated debates about the future of finance, Bitcoin and gold are frequently pitted against each other as competing assets. However, this perspective overlooks a more profound truth, and there are two distinct and complementary manifestations of the same enduring monetary revolution.

How Bitcoin And Gold Perform Under Different Conditions

The narrative behind the ongoing Bitcoin and gold war is often missed. In an X post, Ayni Gold has offered an insightful perspective on the matter, arguing that both assets are value rails with different powers and have been winning in their lanes.

Ayni Gold highlighted that adoption is broad on both sides. The Bitcoin network has evolved into a multi-trillion-dollar asset class, with its market capitalization hovering around $2.2 trillion, powered by record ETF inflows this month. Meanwhile, the gold role is strengthening, not fading. Central banks have accumulated heavily through Q3 2025, and expect to continue increasing their reserves over the next five years.

Furthermore, the tokenized gold led by XAUT and PAXG has surpassed $2.5 billion in market value. This digital evolution of gold will lower frictions for transfer and fractional access relative to many legacy rails. While it doesn’t erase custodians, it effectively compresses the intermediary stack for more users.

The core of this is to stop picking tribes to manage risk. Ayni Gold advocates acquiring both assets and letting them do their job. This suggests a balanced portfolio, with BTC for permissionless, high-beta digital scarcity and global settlement, and gold for durability through macro cycles. 

Both are different instruments, yet they share the same goal of preserving and maintaining purchasing power. However, Ayni Gold mentioned that they are building practical rails between physical gold and Ethereum so more people can access gold-linked rewards transparently.

BTC And Gold As Pillars Of Financial Resilience

While Bitcoin and gold have long shared a deep macro correlation, an investor in crypto and blockchain, Batman, has noted that when analyzing Bitcoin and gold performance cycles closely, there tends to be a time lag before BTC catches up with gold.

Meanwhile, a closer look at the data over the past two years reveals that the time lag of BTC and gold has consistently ranged between 77 and 98 days. Presently, data shows that gold has rallied for nine weeks straight and is showing signs of topping out after a sustained surge in prices. 

According to the expert, this move also marks 77 days from when gold started rallying. If the longest time observed lag is around 98 days, then it won’t take long before BTC catches up to gold.

The Bitcoin price struggles continued over the past week, reflecting the largely pessimistic sentiment in the digital asset market in the month of October. The premier cryptocurrency dropped beneath the psychological $110,000 level despite the interest rate cut decision by the United States Federal Reserve on Wednesday, October 29.

The tame reaction of the Bitcoin price—and other large-cap assets—has raised concerns about the viability of the crypto market in the current cycle. Nevertheless, a prominent blockchain firm CEO has predicted that, although the bull cycle might be coming to an end, the market leader might just be days away from a new all-time high price.

BTC Could Peak Between $143,000 – $146,000: CEO

In an October 31st post on the X platform, Alphractal founder and CEO Joao Wedson revealed that the price of Bitcoin could run up to a new all-time high in the short term. The crypto expert put the potential cycle peak for the flagship cryptocurrency at a price between $143,000 and $146,000.

This evaluation revolves around the Max Intersect SMA Model (the blue line), which has accurately identified the price peaks of previous BTC cycles. Wedson’s analysis expects the Bitcoin price to soon reach a new all-time high (and the cycle peak), as the cycle is currently in its final stage (the distribution phase).

According to the Alphractal CEO, the Bitcoin Smart Model price (the blue line) recently jumped from around $60,000 and now stands at $62,664. Wedson noted that once this Smart Model price gets close to the $68,000 region, that could represent the exact day of a new all-time high for the Bitcoin price.

Furthermore, Wedson highlighted the current sideways movement of the Bitcoin price as a result of the market hunting for liquidity up and down during the current distribution phase. “Now, many are afraid to sell, confident we’ll shoot straight to $250K — which, historically, is the classic signature of a distribution phase,” the crypto founder said.

Ultimately, Wedson warned that the bear market could arrive sooner than expected; hence, investors should approach the market with caution.

Bitcoin Price At A Glance

As of this writing, the price of BTC stands at around $110,120, reflecting a mere 0.1% increase in the past 24 hours. While the premier cryptocurrency seems to be recovering fairly, the last day’s slight jump is not enough to cover the past week’s loss. According to data from CoinGecko, the market leader is down by over 1% in the last seven days.

Shiba Inu appears to be repeating a familiar market structure, according to a recent technical analysis shared by crypto trader IncomeSharks on X. The analyst highlighted how SHIB’s price history over the past two years reflects a cyclical pattern of short-lived rallies followed by prolonged downturns. At the time of writing, SHIB is trading around $0.00001007, showing little momentum to break free from its extended bearish grip.

Is Shiba Inu’s Market Structure Looking Bearish?

The analyst’s daily candlestick timeframe chart, which tracks Shiba Inu’s daily price action since early 2024, presents a visual timeline of its repeated boom-and-bust movements in recent years. 

The first major phase came in early 2024 when SHIB experienced a rapid one-month surge, its biggest move during the observed period. This move took place in just one month and saw the Shiba Inu price break above $0.00004. However, this bullish stretch was quickly followed by a six-month decline between March and September 2024 that erased much of the gains.

The analyst noted that the next significant recovery phase lasted about three months, starting around September 2024 and ending in December, after which SHIB again entered a long-term bearish trend up until the time of writing. This recurring pattern of brief rallies and extended downturns paints a picture of the Shiba Inu price struggling to sustain upward momentum when compared to other cryptocurrencies.

What To Expect If The Pattern Continues

In his post, IncomeSharks summarized this cycle as “basically a two-year-long bear market that started with a wild pump and one little relief rally.” The statement echoes what the chart above shows: one sharp upward move followed by an extended sequence of red candles. As it stands, Shiba Inu is now into about 11 months of downward price action, making this one of its longest bearish phases to date.

If SHIB’s current trajectory remains consistent with the pattern identified by the analyst, the token could face additional months of consolidation or decline before any significant rebound occurs. It also implies that traders hoping for a repeat of any parabolic surges may have to wait longer.

Furthermore, Shiba Inu’s biggest uptrend within the two-year frame lasted just one month. This means that the next major bullish movement, whenever it happens, could arrive quickly but fade just as fast within a month if selling pressure resumes.

This behavior is not limited to Shiba Inu; it reflects a wider sentiment that has gripped the entire meme coin market over the past year. Even Dogecoin, the king of meme coins, has struggled to maintain its momentum above  $0.2 despite multiple attempts to reclaim its earlier highs. Each failed breakout has sent ripples across the meme coin sector, dampening enthusiasm and pulling other tokens like SHIB, PEPE, and FLOKI into similar patterns of prolonged correction.

At the time of writing, Shiba Inu is trading at $0.00001007, up by 2.8% in the past 24 hours but down 20% in a 30-day timeframe.

Popular lawyer Bill Morgan has revealed another company that is holding a significant amount of XRP on its balance sheet. This follows the emergence of Evernorth, another treasury company that has accumulated over $1 billion worth of the token. 

Another XRP Treasury Company Emerges With Significant Holdings

In an X post, Morgan drew attention to an SEC filing from Virtu Financial that showed it holds XRP on its balance sheet. The company, which boasts a market cap of just over $5 billion, holds 22 million XRP worth just over $55 million at the current price. The lawyer also noted that the company appears to be financially strong, which is a positive for the altcoin. 

Related Reading: Are The XRP Tokens In Escrow At Risk Of Being Sold? Ripple CTO Shares Insights

The treasury company is said to be a global financial services firm specializing in market-making and execution services. Furthermore, the company provides liquidity across global markets in asset classes including equities, ETFs, fixed income, commodities, and derivatives. 

Based on data from Crypto Treasury Tracker, Very ranks among the top 10 largest XRP treasury companies, just behind Wellgistics Health. It is worth mentioning that Virtu has underperformed this year despite its holdings. TradingView data shows that the company’s stock is down over 2% year-to-date (YTD). However, the stock has risen by over 3% in the last five days. 

Meanwhile, this development follows the recent emergence of Ripple-backed Evernorth, which plans to build the largest treasury. XRPScan data shows that the treasury company currently holds 388.7 million XRP worth nearly $1 billion, making it the largest XRP treasury. The company had earlier announced plans to raise over $1 billion from investors such as Ripple, Kraken, Pantera Capital, and GSR. 

This comes ahead of the company’s debut on the Nasdaq. The treasury company plans to list on the stock exchange through a business combination agreement with Armada II. Armada notably recently changed its ticker to XRPN as part of the business agreement. 

More Institutions Set To Accumulate The Altcoin

More institutional investors are set to accumulate the token with the imminent launch of the Canary Capital XRP ETF. The asset manager filed an amendment to its fund to remove the delaying amendment, allowing it to launch on November 13. This will be similar to how the firm launched its Hedera and Litecoin ETFs earlier this week. 

Related Reading: The Deadline For The Ripple Bank Is Almost Here – Important Date draws Close

However, while institutions look to accumulate the token, long-term holders are offloading their coins, which is negatively impacting its price. On-chain analytics platform Glassnode revealed that these holders who accumulated before November 2024 have ramped up their spending by 580% from $38 million daily to $260 million daily. The platform noted that this is a clear sign that seasoned traders are exiting and adding pressure to the price action. 

At the time of writing, the altcoin’s price is trading at around $2.51, up over 2% in the last 24 hours, according to data from CoinMarketCap.

Custodia Bank, the popular crypto bank founded by Caitlin Long, has suffered another court setback in its fight for a Federal Reserve master account. Notably, the Wyoming-based institution failed to secure a favorable appeal ruling after an initial court rejection in March 2024.

Appeals Court Upholds Fed Decision In Custodia Case

In 2020, Custodia Bank filed an application with the Federal Reserve Bank of Kansas City (FRBKC) seeking a master account, which would grant the crypto-focused institution direct access to the Federal Reserve’s payment system, allowing it to operate without relying on intermediary banks.

However, the application was rejected in 2023, with the FRBKC citing concerns over banking practices. This decision came after Custodia had already filed a lawsuit against the Federal Reserve in 2022, accusing the regulator of an “unlawful delay” in processing its application.

In March 2024, the popular crypto bank legally challenged the Fed’s decision, arguing that the central bank lacked the legal authority to deny its master account application. The bank also accused the Federal Reserve Board of Governors of possible collusion with the Kansas City Fed in orchestrating the rejection.

Judge Scott Skavdahl of the US District Court for the District of Wyoming dismissed Custodia’s claims, ruling that federal law does not mandate the Federal Reserve to grant a master account to every eligible institution. He affirmed that the Fed retains broad discretion in deciding whether to approve or deny such applications.

This ruling was followed by an appeal at the 10th Circuit Court of Appeals in April 2024. Nineteen months later, the Appellate court has now agreed with the lower court, upholding the Fed’s discretion in granting a master account or not, regardless of eligibility. 

The ruling said: 

We agree with the district court that “[t]he plain language of the relevant statutes can only reasonably be read to give the Federal Reserve Banks discretion in granting or denying requests for master accounts.” Custodia Bank, 728 F. Supp. 3d at 1245. Accordingly, we hold that Custodia is not statutorily and automatically entitled to a master account. We AFFIRM the district court’s judgment in favor of Defendants on all claims. 

What Next For Custodia? 

In a response to the court ruling, Custodia has hinted at a potential petition for rehearing, citing a strong dissenting opinion by one of the appeals court judges. 

The statement read: 

While we were hoping for a win at the Tenth Circuit today, we received the next best thing — a strong dissent. It raised serious Constitutional questions about the Federal Reserve and was written by a judge sitting by designation on the panel of a similar case in the Ninth Circuit. Including Judge Bacharach’s opinion in the Fourth Corner case, there’s now a 2–2 split on this question among Tenth Circuit judges (2–1 in Custodia’s favor among active Tenth Circuit judges). Custodia has an option to petition for a rehearing by the Tenth Circuit, and we are actively considering that.

At press time, the total crypto market cap remains valued at $3.68 trillion following a 2.65% gain. 

The ongoing United States (US) government shutdown has caused a delay in the approval of several crypto investment products, including the XRP ETFs. As investors eagerly anticipate institutional exposure to one of the most popular and debated crypto assets, new insights from market insiders shed light on revised timelines, procedural shifts, and what could happen once the regulatory delay is cleared. 

XRP ETF Approval Delayed Amid US Government Shutdown 

Former Fox Business Journalist Eleanor Terrett has provided fresh updates on the evolving timeline for XRP ETFs approval. In a recent post on X social media, she revealed that Canary Funds has filed an updated S-1 registration for its XRP Spot ETF, removing the delaying amendment that typically gives the US Securities and Exchange Commission (SEC) control over when such filings take effect. 

She also stated that Canary Funds’ procedural change effectively sets the stage for a potential automatic launch date of November 13, provided that NASDAQ grants approval for the accompanying 8-A filing. Nevertheless, the timeline for the ETF approvals remains uncertain due to the ongoing government shutdown.

If the US Federal Government reopens soon and the SEC resumes normal operations, Terrett notes that the approval and subsequent launch of XRP ETFs could proceed more quickly. However, they could also face further postponements, depending on additional reviews by SEC staff. 

Terrett mentioned that the current SEC Chair, Paul Atkins, has signaled support for companies using the auto-effective process to bring new financial products to the market. While Atkins did not directly address ETFs, he praised firms such as MapLight for successfully going public during the government shutdown through the statutory 20-day waiting mechanism—the same process used by Bitwise and Canary to launch their recent Solana, Hedera, and Litecoin ETFs. 

The US Congress originally designed this approach to keep capital markets active during periods of administrative downtime. Now, it is being leveraged by crypto asset managers seeking to launch their XRP ETFs and other crypto ETPs without prolonged regulatory delays. In a follow-up discussion, Terrett clarified that previous October deadlines for XRP ETF approval are now irrelevant because the SEC’s new generic listing standards have eliminated the need for the older 19b-4 filing process, effectively rendering earlier submission dates obsolete. 

Major Liquidity Surge Expected After XRP ETF Approval

Crypto analyst ‘DigitalG’ on X has added further perspective on the potential market impact of the pending approval of the ETFs. He revealed that the ongoing US government shutdown has led to a backlog of XRP ETF filings awaiting clearance. Once the SEC reopens and begins processing the backlog, the analyst predicts that multiple approvals could occur in quick succession. 

He suggested that this rapid approval process could immediately increase institutional access and demand for XRP, triggering a major surge in market liquidity. DigitalG also forecasted that this sudden influx of institutional participation could catalyze significant price movements. He explained that the expected wave of ETF approvals might provide the perfect backdrop for covering massive short positions currently in the market.

The Bitcoin market experienced another eventful trading week marked by multiple failed breakouts from the $115,000 resistance zone despite the announcement of another interest rate cut by the US Federal Reserve. As price action presently consolidates around $110,000, data from the Bitcoin Options market has provided insights into traders’ behavior and general sentiment.

Bitcoin Options Traders Bet On Stable Market

On Friday, prominent blockchain analytics firm Glassnode shared its weekly update of the Bitcoin options market, analyzing traders’ beliefs on future price movement. As earlier stated, the Fed announced its second rate cut for 2025 on Wednesday. While this is a popular bullish move, the hawkish tone indicating fewer cuts ahead reduced traders’ optimism, resulting in a brief rally for risk assets such as Bitcoin. 

Amid this development, the BTC Implied Volatility Index, which measures how much volatility traders expect in the future, is grinding lower. This data suggests that traders are pricing a calmer BTC with no expectations of a major price move despite the present macro noise. Meanwhile, the 1M Volatility Risk Premium also turned negative as realized volatility moved faster than implied volatility. Glassnode expects this development to mean-revert, meaning the short-term volatility is overpriced and traders are likely to sell, thereby backing the narrative of an expected calm market. 

Furthermore, the Put/Call volume also showed another side to this narrative, producing a full retest to its lowest value in October. Notably, traders initially showed bullish action with a wave of calls but soon changed sentiment in line with the general market. However, amid the domination of calls, Glassnode notes neutral directional conviction, i.e, equal buying and selling pressure, backing the market’s lack of confidence in an immediate bullish or bearish move.

Little Hope On Price Upswing? 

The 25-delta skew chart has provided another narrative that shows a growing sense of caution. Notably, this metric measures the implied volatility between calls and puts. When the 25-delta skew is neutral, it means traders see a balanced risk as put and calls are equally priced. Following a brief stint in this neutral zone, this metric is now rising again, indicating that traders are valuing puts higher and are actively hedging against a price downswing.

Therefore, while there is no expectation of any significant price move in the short-term, Bitcoin Option traders appear significantly wary of any price fall.  At press time, Bitcoin is valued at $109, 304 reflecting a minor 1.94% gain in the past day. Meanwhile, the daily trading volume is down by 11.62% and valued at $65.18 billion.

Featured image from iStock, chart from Tradingview

Although Shiba Inu has remained the second-largest meme coin by market cap, its price performance in recent times has left much to be desired. The meme coin has failed to put in a new all-time high this cycle, with the price down more than 88% from its all-time high levels from 2021. However, even this underperformance has not eroded the bullish sentiment surrounding the token, as one analyst has predicted that the Shiba Inu price still has more to offer.

Consolidation Will End, And Shiba Inu Price Will Surge

Over the last few months, the Shiba Inu price has fallen into a consolidation trend that has waxed stronger with the uncertain market headwinds. This has seen the price trade in a very tight range during this time, holding between $0.000009 and $0.000013 without any significant breakout in sight.

Like with any consolidation trend, this time has been seen as a good time to get into the meme coin and begin buying at a discount. However, this is also entirely dependent on how long the consolidation is expected to last before there is a breakout, which would determine if accumulation was a good choice or not.

According to crypto analyst MMBTtrader, this current consolidation may be presenting a good opportunity for entry. So far, the Shiba Inu price has seen a persistent dominance of low volatility, and the momentum has remained muted. Historically, during times of quiet like these, the best entries and trades are made.

Furthermore, the crypto analyst pointed out that the Shiba Inu consolidation and accumulation phase may actually be nearing its end. Right now, the only thing left would be a catalyst that would trigger the next wave of the uptrend. This could be in the form of bullish news or a technical push. Either way, the outcome is expected to be the same.

Shooting For New Yearly Highs

In the case of a breakout, the crypto analyst expects the Shiba Inu price to see a notable and sharp rise. Multiple targets are set out for the meme coin, but all with triple-digit ascents. The first of these is a 200% breakout to the $0.00003364 level.

Next on the list is a 402% price increase that would push the Shiba Inu price as high as $0.00005480. While the final target is a 608% increase to push it above the $0.000075 level. While none of these puts it above its previous all-time high levels, it does send it quite close. As for the timeframe for this breakout to be completed, the crypto analyst puts it between 2026 and 2027, so over a year before completion.