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Both major meme-assets traded through high-velocity volatility windows, with Dogecoin rebounding sharply from a heavy-volume flush while Shiba Inu broke key support before staging an aggressive intraday reversal.News BackgroundBroader crypto markets continued their risk-off rotation as sentiment remained pressured by AI-bubble concerns, $800M in Bitcoin ETF outflows, and tightening liquidity across speculative assets. The weak macro backdrop left meme-coins particularly exposed to volatility shocks.Despite this, large-holder behavior diverged across DOGE and SHIB. Dogecoin saw an uptick in institutional accumulation following two weeks of heavy whale positioning, while SHIB faced elevated retail-driven selling before buyers stepped in aggressively at intraday lows.No…
By Omkar Godbole (All times ET unless indicated otherwise)The word “solana” in Spanish means sunshine or sunny place, and that’s a perfect description for exchange-traded funds (ETFs) based on the programmable blockchain Solana’s native token, sol SOL$156,25. Investors have been channeling funds into U.S.-listed spot SOL ETFs even as they withdraw capital from their bitcoin BTC$102.976,44 and ether ETH$3.491,53 counterparts. Since their late October debuts, Bitwise and Grayscale’s spot SOL ETFs have seen cumulative net inflows of $368.5 million while bitcoin and either ETFs suffered outflows exceeding $700 million each, SoSoValue data shows.Traders don’t seem to have noticed the difference, and…
Ethereum reclaims its 50-week EMA vs BTC, triggering bullish signals, with $4,415 and $7,200 targets now in play amid rising on-chain activity. Ethereum has moved back above a key technical level against Bitcoin — the 50-week exponential moving average (EMA), which has marked the start of previous rallies. At press time, ETH is priced at $3,530 with a 24-hour trading volume of nearly $38 billion. It has gained 2% in the past day and 5% over the last week. ETH/BTC Moves Above Key Weekly Average Ethereum’s strength against Bitcoin is being watched after reclaiming the 50-week EMA. In past…
In a market characterized by choppy price action and uncertainty, large traders of major cryptocurrencies are quietly taking divergent paths.While bitcoin BTC$103,062.11 investors are bracing for volatility with non-directional option plays, some XRP$2.5019 traders are betting on the opposite, recent block trades on crypto options exchange Deribit show.Over the past week, strangles accounted for 16.9% of bitcoin option blocks traded on the platform, while straddles made up 5%. Both are non-directional volatility strategies, betting on significant price moves, whether up or down. XRP traders, in contrast, shorted strangles, in effect betting against increased volatility.A strangle involves buying out-of-the-money (OTM) call…
The crypto market continued to establish fresh levels of support on Thursday, with bitcoin BTC$102,931.14 trading around $103,000 while ether ETH$3,506.74 rose less than 1% to $3,500.The average crypto relative strength index (RSI) remains in neutral territory while the Fear and Greed index is printing 25/100, indicating negative sentiment across the market.There was slightly more action in the altcoin market. AERO slid 18% in the past 24 hours following an announcement of a merger with Velodrome, while STRK and FET also made double-digit moves to the downside.XRP led gains among the biggest cryptocurrencies, rising by 3.5% following a flurry of…
Emory University, a private research university in the US state of Georgia, has doubled down on its bullish Bitcoin play in Grayscale Investments BTC exchange-traded fund (ETF).Emory boosted its holdings in the Grayscale Bitcoin Mini Trust ETF to over 1 million shares, valued at about $51.8 million, according to the quarterly Form 13F report filed with the Securities and Exchange Commission on Wednesday.Since the second quarter, the university has doubled its position in the Bitcoin ETF, adding 487,636 shares valued at about $25 million.Emory became one of the first US universities to report holdings in a Bitcoin ETF in October…
Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%.Cathie Wood’s investment management firm added a total 353,328 CRCL shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF).Ark frequently snaps up large amounts of company shares when the price appears to be temporarily depressed. CRCL slid to $86.30, the lowest close since June 5, after its steepest single-day drop since a 16% fall on June 27.The fall in Circle’s share price coincided with the USDC issuer reporting third-quarter…
Taiwan is preparing to issue a report on its Bitcoin holdings, signaling that officials are weighing whether the country should follow the United States in creating a national Bitcoin reserve.Zhuo Rongtai, premier of the Republic of China (Taiwan), said the country is preparing a report to assess the total amount of Bitcoin (BTC) confiscated by domestic agencies.The report will be issued before the end of the year, said Rongtai during a legislative general fiscal inquiry meeting with the Finance Committee on Tuesday. When asked about the fate of the confiscated Bitcoin, legislator Ge Rujun proposed that Taiwan’s government “hold it unchanged”…
While most cryptocurrency investors welcomed the market recovery following the potential end of the US government shutdown, some short sellers were caught off guard by the rebound.The crypto market recovery saw popular high-leverage trader James Wynn’s main Hyperliquid account liquidated multiple times during the past 24 hours, with his wallet’s value sinking to just $5,422, according to Hyperdash data.The unexpected recovery liquidated Wynn 12 times in the last 12 hours, resulting in 45 liquidations over the past two months, according to blockchain data platform Lookonchain.Before the crypto market recovery, Wynn was running multiple Bitcoin (BTC) leveraged short positions, which are…
Crypto trader the White Whale, who had offered to serve as an advisor to crypto exchange MEXC, has retracted his offer. This came as he highlighted a ‘structural rot’ within the exchange, which puts customers at risk of losing their coins. Crypto Advisor Exposes ‘Structural Rot’ Within MEXC In an X post, the White Whale described the fake proof of reserves, arbitrary justifications for seizures, the lack of due process, and the ability to block users from their own records as the structural rot within the crypto exchange. He further remarked that MEXC remains a “rotten apple” as long as…

