Hyperliquid price risks breakdown from descending channel ahead of $350M token unlock

Analysts have indicated that a Pi Network exchange-traded fund (ETF) is not imminent, highlighting the necessity for real price discovery, liquidity, regulatory maturity, and regulated custody before any potential filing. Currently, no official announcements or filings exist regarding a Pi Network ETF.

Dogecoin has continued its downward trajectory, trading below a descending resistance line that has thwarted multiple rally attempts. The cryptocurrency's price action has been characterized by bearish momentum and extreme fear among investors, leading to a prevailing expectation of further declines.

Lighter has surpassed Hyperliquid with a remarkable $9 billion in 24-hour decentralized exchange (DEX) volume, indicating a significant shift in market dynamics within the decentralized finance sector. This development underscores the increasing competition among DEX platforms as they vie for user engagement and market share.

Switzerland has announced a delay in the automatic sharing of cryptocurrency tax data with foreign authorities until at least 2027, despite plans to adopt a crypto-asset reporting framework in law starting in 2025.

A significant expiry of Bitcoin and Ethereum options is set to occur, with approximately 147,000 Bitcoin options contracts expiring on November 28, coinciding with a major leverage washout and open interest clustering near max pain levels. Both cryptocurrencies are trading just below key resistance points, indicating a critical moment for market participants.

AI trading bots are designed to execute buy and sell orders in the forex market without human intervention, offering the potential for passive income. However, their performance can be unstable during volatile market conditions, necessitating rigorous testing and the implementation of risk management strategies.

The Chrome extension 'Crypto Copilot' designed for Solana cryptocurrency trading has been exposed for secretly diverting user funds through hidden transfer instructions embedded in swap transactions, raising significant concerns about browser security in the crypto space.

Ethereum's price has confirmed a bullish reversal pattern as the supply of tokens held on exchanges has dropped to a record low, indicating a potential shift in market sentiment. This development follows a period of price decline, where Ethereum's value fell significantly over the past weeks.