Blackrock deposits 2,043 BTC and 22,681 ETH into Coinbase

Bitcoin has dropped below $100,000, reaching its lowest point in four months. Analysts suggest that the market is currently dominated by sellers, and they believe that the effects of the recent sell-off on October 10 are still being felt.

Bitcoin's recent drop below $101,000 has raised eyebrows, but analysts believe this cryptocurrency is actually undervalued based on its strong fundamentals. This perspective is crucial as it suggests that despite the current price dip, there may be significant long-term potential for Bitcoin, making it an attractive option for investors looking for opportunities in the crypto market.

A recent court ruling in India has granted XRP legal recognition as property, marking a significant milestone for digital asset ownership. This decision not only strengthens investor rights but also enhances confidence in the cryptocurrency market, potentially paving the way for more regulatory clarity and acceptance of digital assets in the country.

Sequans has made headlines by selling off its Bitcoin holdings to reduce its debt, marking a significant turn in the cryptocurrency market. This move highlights the ongoing challenges faced by companies in managing their investments in volatile assets like Bitcoin. As firms navigate financial pressures, this decision raises questions about the future of cryptocurrency investments and the stability of companies heavily reliant on them.

November is shaping up to be one of the strongest months for Bitcoin, often linked to significant growth phases and historical rallies. After a slightly negative October, the market is showing signs of recovery, which could lead to exciting opportunities for investors. Understanding these seasonal trends is crucial for anyone involved in cryptocurrency, as they can greatly influence market behavior and investment strategies.

Ethereum is experiencing increased volatility as its price approaches a critical support level of $3,500. Despite significant accumulation by treasury companies indicating strong institutional interest, ETH's price has not shown corresponding strength, leading to concerns about its stability. This situation is noteworthy as it highlights the contrast between bullish developments in treasury holdings and the flat performance of Ethereum's price, raising questions about future demand and market dynamics.

Recent selling by long-term Bitcoin holders, along with capitulation from short-term investors, has raised concerns about a potential drop in BTC's price, possibly reaching as low as $72K. This situation is significant as it reflects the shifting sentiment in the cryptocurrency market, which could impact investor confidence and market stability.

BlackRock's plan to launch a Bitcoin ETF in Australia is a significant step forward for institutional cryptocurrency adoption. This move could not only enhance the local market but also set a precedent that may influence global regulatory trends. As more institutions consider crypto investments, the implications for the financial landscape could be profound, making this development one to watch closely.

The cryptocurrency Aster faced significant selling pressure after a brief price surge sparked by Binance founder Changpeng Zhao's endorsement. While his comment initially boosted the token's value, the excitement quickly faded as the overall market weakened, leading to a sharp decline in Aster's price, erasing most of its gains.

Fulcrum has just launched a fully insured crypto lending platform regulated in Switzerland, allowing users to access loans backed by popular cryptocurrencies and stablecoins.

The Berachain Foundation has successfully recovered $12.8 million following a recent exploit involving Balancer V2. This recovery was made possible through a hard fork and a coordinated chain restart, showcasing the resilience of the blockchain community.

CleanSpark is making strides by expanding its power capacity and securing a new site in Texas for its AI campus. This move highlights a significant trend among Bitcoin miners who are increasingly focusing on high-performance computing.

Bitcoin has dropped below $100,000, reaching its lowest point in four months. Analysts suggest that the market is currently dominated by sellers, and they believe that the effects of the recent sell-off on October 10 are still being felt.

Bitcoin faced its second worst day in 2025, experiencing significant losses and increased volatility due to macroeconomic pressures and technical selling trends.