Can Ethereum’s ‘supercycle’ endure Bitmine’s $3.19B drawdown?
Key Takeaways Is Ethereum nearing a market bottom? ETH’s 30-day MVRV at –15.4% places it in Santiment’s “Extreme Buy Zone,” a level that often aligns with reversal setups. Is Bitmine’s massive $3.19B paper loss a risk or an opportunity? Its 3.56M ETH position will amplify a rebound, but adds pressure if ETH drops further. Ethereum’s…
XRP Marks First Inflow In 4 Weeks Even As ETF Approval Chances Strengthen
XRP remains under pressure as its month-long downtrend continues to pull the altcoin closer to the key $2 level. Earlier in the month, XRP attempted to break out of this declining pattern but failed to sustain momentum. Adding to this pressure are the investors, who are leaning towards selling at the moment. Thus, the question now…
CoinDesk 20 Performance Update: Solana (SOL) Rises 5.8%, Leading Index Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2947.42, up 1.5% (+43.33) since 4 p.m. ET on Monday.Sixteen of 20 assets are trading higher.Leaders: SOL (+5.8%) and APT (+5.3%).Laggards: ICP (-3.0%) and BCH (-1.7%).The CoinDesk 20 is a…
Wirex and Stellar Go Live with Dual-Stablecoin Visa Settlement in USDC and EURC for 7 Million+ Users
[London, Nov. 18, 2025] Wirex, a global leader in digital payments and principal member of Visa, has announced that dual-stablecoin settlement using USDC and EURC on the Stellar blockchain is now live, marking a major milestone in blockchain-powered finance. This rollout, in partnership with the Stellar Development Foundation (SDF), enables on-chain settlement of card payments…
Record $1.26B Outflow Hits BlackRock Bitcoin ETF as Bearish Options Cost Soars
BlackRock’s spot bitcoin ETF, IBIT, has registered record outflows this month amid a price slide and a sharp rise in the cost of bearish options used to hedge against further market declines.The Nasdaq-listed BlackRock Bitcoin ETF, IBIT, has recorded a net outflow of $1.26 billion so far this month, marking the largest monthly redemption since…
