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Summary Trading firms suffered losses and cut activity, compounding the crypto market’s decline after Oct. 10. A technical flaw on Binance caused mass liquidations, prompting a user refund and debate over market manipulation. Analysts expect more stress before stabilization, with some blaming natural unwinding and others citing price manipulation. The cryptocurrency market has experienced sustained downward pressure since Oct. 10, with analysts attributing the decline to liquidity constraints among trading firms and a technical malfunction at a major exchange, says Tom Lee. Tom Lee of BitMine told CNBC that large trading firms serving as liquidity providers faced significant capital losses…

Key takeawaysGold has long met store-of-value standards, while fiat currencies lose purchasing power over time. Bitcoin now meets several of the same store-of-value benchmarks.With a hard cap of 21 million coins and around-the-clock global trading, Bitcoin offers digital scarcity, durability supported by network security and liquidity that rivals many traditional assets.Concerns remain, including short-term volatility, inconsistent global regulations, cybersecurity risks, limited historical data and challenges integrating Bitcoin into traditional investment models.Still, rising inflation, geopolitical tension and weakening confidence in some fiat currencies are prompting pension funds to explore Bitcoin as part of a long-term strategy.A key question has followed Bitcoin…

Ethereum falls below $2,700 as cryptocurrency market decline continues. Summary Ethereum, Bitcoin, and other tokens declined to multi-month lows, triggering liquidations of leveraged positions. Spot Bitcoin and Ethereum ETFs saw consecutive net outflows, while some other networks attracted inflows. Bitmine bought more Ethereum during the decline, but treasury firms now face substantial unrealized losses. Ethereum dropped below $2,700 on Friday as the cryptocurrency market experienced its most significant downturn since October, with the digital asset falling to levels last seen in July, according to market data. Bitcoin also declined to multi-month lows on Nov. 21, 2025, as selling pressure increased…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure At the Devconnect conference in Buenos Aires, Ethereum (ETH) co-founder Vitalik Buterin raised concerns about the increasing dominance of institutional giants like BlackRock over cryptocurrencies, particularly Bitcoin (BTC) and ETH. He emphasized that this growing influence could potentially lead to significant challenges for the decentralized nature of these networks. Risks To Ethereum’s Decentralization Buterin was prompted to address this issue during a discussion on the implications of institutional interest, especially following BlackRock’s launch of Bitcoin and Ethereum exchange-traded funds (ETFs) in early 2024.  He questioned how the…

Elon Musk is more handsome than Brad Pitt, fitter than LeBron James and could easily outclass former heavyweight champion Mike Tyson in a boxing ring — at least that’s according to his AI chatbot Grok, after the latest 4.1 update that was released this week. On Thursday, X users began finding that Grok was a little too enthusiastic about its creator. One response even suggested Musk could have resurrected faster than Jesus Christ. Many of Grok’s responses on X have since been deleted. While Musk has since blamed “adversarial prompting” for the hallucinations, crypto executives argue it’s a key example of why…

Bitcoin ETFs see $903M net outflow, price nosedives as Blackrock and Grayscale see major outflows. Summary U.S. Bitcoin ETFs saw $903M net outflows on Nov. 20, the second-highest since early 2024, dragging Ethereum ETFs after eight straight days of losses. BlackRock and Grayscale recorded the largest withdrawals as institutional investors took profits ahead of year-end, citing a risk-off shift. Experts say volatility remains high, with large holders buying the dip while short-term traders face challenging recovery timing. U.S. Bitcoin spot exchange-traded funds recorded net outflows of $903 million on November 20, marking the second-largest outflows since the funds’ inception in…

The real-world asset (RWA) market value could more than triple by 2026, as it expands beyond crypto-native use cases and utility, according to Chris Yin, co-founder and CEO of RWA-focused layer-2 blockchain Plume. Speaking to Cointelegraph, Yin said that RWA value has taken off in the last year and he expects it to increase by three to five times in 2026, as a base case. “Currently, we are tracking to over 10x the RWA holders number since the start of the year and so we expect us to keep inflecting and we think it’s not crazy to imagine another banner year with…

Bitmine continues its Ethereum buying spree while chairman Tom Lee warns that crypto markets are still struggling with weak market maker liquidity. Summary Bitmine’s latest ETH purchase strengthens its push to build one of the largest corporate crypto treasuries. The firm continues buying through OTC desks during market volatility, leaning on equity raises and staking rewards. Tom Lee says the market slump is tied to damaged market maker balance sheets after the October liquidation shock. Bitmine has purchased another 17,242 ETH, worth about $49 million, according to data shared by analytics firm Onchain Lens on Nov. 21. The company now…

Digital asset treasury companies could face “meaningful pressure” if the stock market index MSCI decides to exclude them in January, according to an analyst, who told Cointelegraph that this is likely.The MSCI Index announced in October that it was consulting with the investment community about whether to exclude Bitcoin (BTC) and other digital asset treasury companies (DATs) that have a balance sheet with more than 50% crypto assets. Some of the feedback has been that DATs can “exhibit characteristics similar to investment funds, which are currently not eligible for index inclusion,” according to the MSCI. Speaking to Cointelegraph, Charlie Sherry, Head of…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is barely holding above the critical $3,000 level as the broader crypto market battles intense selling pressure. Fear remains elevated, liquidity is thinning, and investors are bracing for more volatility. Yet despite the drawdown, some analysts argue that this environment is beginning to look like a classic oversold setup, one that has historically offered strong accumulation opportunities for long-term players. Adding to the intrigue, new data from Lookonchain reveals unusual on-chain activity involving a wallet potentially linked to SharpLink Gaming. The move has sparked intense speculation…