Bitcoin Slides Back to $100K — Is the Parabolic Run Finally Cracking?

Metaplanet has secured a $100 million Bitcoin-backed loan to facilitate BTC purchases and support its recent $500 million share buyback program. This move comes as the company's market-based net asset value dipped below one, highlighting its proactive approach to stabilize and enhance shareholder value. The loan not only strengthens Metaplanet's position in the cryptocurrency market but also reflects growing confidence in Bitcoin as a financial instrument.

Metaplanet has successfully secured a $100 million loan backed by its Bitcoin holdings, marking a significant step in the growing acceptance of Bitcoin as a viable form of collateral in corporate finance. This move not only showcases the evolving landscape of financial strategies but also signals to other institutions that Bitcoin can play a crucial role in traditional lending practices. As more companies explore similar avenues, it could lead to a broader integration of cryptocurrency in mainstream finance.

Bitcoin Hyper has successfully raised $25.7 million, marking a significant milestone as it aims to enhance Bitcoin's capabilities in decentralized finance (DeFi). This new Layer 2 solution addresses the limitations of Bitcoin's base layer, such as low transaction speeds and high fees, by providing near-instant, low-fee decentralized applications (dApps). This development is crucial as it could attract more builders and users to the Bitcoin ecosystem, fostering greater liquidity and innovation in the space.

Despite a significant sell-off in the crypto market, where Bitcoin has dropped another 2%, some altcoins like ASTER, XMR, and GIGGLE are defying the trend and showing impressive gains. ASTER, for instance, has surged by 13% recently. This resilience in certain altcoins is noteworthy as it indicates potential opportunities for investors looking for growth amidst market volatility.

Future, backed by Adam Back, has successfully raised $35 million to expand its Bitcoin treasury, marking a significant step in the integration of Bitcoin into traditional finance. This funding not only underscores the growing acceptance of Bitcoin among institutions but also highlights the potential for further adoption in the financial sector, which could lead to more innovative financial products and services.

The latest advancements in Bitcoin and crypto wallets have made self-custody smarter and more secure than ever. As we move into November 2025, these innovations are crucial for users looking to take control of their digital assets. With enhanced features and improved security measures, these wallets not only protect investments but also empower users in the evolving landscape of cryptocurrency. This is an exciting time for crypto enthusiasts as they can now manage their assets with greater confidence.

Bitcoin has recently dipped below its 365-day moving average, causing traders to panic and raising questions about whether this indicates the start of a bear market or just a temporary setback. This situation is significant as it reflects the volatility of cryptocurrency markets and the uncertainty that can impact investor confidence.

Bitcoin's recent 21% price dip is being viewed as a normal fluctuation, especially as accumulator wallets took advantage of the situation by purchasing 50,000 BTC in just one day. This surge in buying reflects confidence in Bitcoin's long-term value, with accumulators having bought a total of 375,000 BTC over the past month. Such activity is significant as it indicates strong market interest and could signal a potential rebound in prices, making it an important development for investors and enthusiasts alike.

Bitget has made a significant move by becoming the first UEX to integrate Morph Chain, which is a big step forward for its onchain ecosystem. This integration not only enhances Bitget's capabilities but also showcases its commitment to innovation in the cryptocurrency space. By adopting Morph Chain, Bitget is positioning itself as a leader in the market, potentially attracting more users and investors who are looking for advanced blockchain solutions.

The American Bankers Association, along with 52 state bankers associations, is advocating for the enforcement of the GENIUS Act's ban on interest for payment stablecoins. This push comes in response to the Treasury's proposed rulemaking on stablecoins, highlighting the importance of regulatory clarity in the evolving financial landscape. By urging the Treasury to act, the ABA aims to protect consumers and ensure a stable financial environment, which is crucial as digital currencies gain traction.

Pi Network has achieved a remarkable milestone by surpassing 100 million downloads on Google Play, outpacing well-known crypto exchanges like Coinbase and OKX. This achievement highlights the growing popularity of Pi Network in the cryptocurrency space, indicating a shift in user interest towards innovative platforms. As more people engage with Pi Network, it could potentially reshape the landscape of digital currencies and challenge established players.

Metaplanet has secured a $100 million Bitcoin-backed loan to facilitate BTC purchases and support its recent $500 million share buyback program. This move comes as the company's market-based net asset value dipped below one, highlighting its proactive approach to stabilize and enhance shareholder value. The loan not only strengthens Metaplanet's position in the cryptocurrency market but also reflects growing confidence in Bitcoin as a financial instrument.

UBS has successfully completed its first live tokenized fund transaction using Chainlink technology, marking a significant milestone in the integration of blockchain into traditional finance. This development is important as it showcases the potential for increased efficiency and transparency in fund management, paving the way for more financial institutions to adopt similar innovations.

A prominent crypto commentator on X has highlighted a significant development for XRP and RLUSD, noting that Bitnomial, a regulated U.S. derivatives exchange, has expanded its margin program to include stablecoins and digital assets. This move could enhance the utility of XRP and RLUSD as real-world assets, sparking interest in whether their increasing usage will lead to a rise in their prices. This is an important moment for the crypto market, as it may signal a shift towards greater acceptance and integration of digital currencies.