Bitcoin and Ethereum ETFs Snap 6-Day Outflow Streak With $252M Rebound💰 🔹
After six days of withdrawals, Bitcoin spot ETFs returned to positive territory with $252 million in net inflows, led by BlackRock’s IBIT ($112M) and Fidelity’s FBTC ($61.6M). Analysts say the rebound reflects renewed institutional confidence in Bitcoin despite ongoing market volatility.
📱 @Money 📱 Twitter
After six days of withdrawals, Bitcoin spot ETFs returned to positive territory with $252 million in net inflows, led by BlackRock’s IBIT ($112M) and Fidelity’s FBTC ($61.6M). Analysts say the rebound reflects renewed institutional confidence in Bitcoin despite ongoing market volatility.
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The U.S. Senate is scheduled to vote on a continuing resolution to fund government operations, but a major crypto-market-structure bill, the successor to the CLARITY Act, remains stalled amid the current shutdown. Even though the bill passed the House in July and was expected to move through Senate committees by the fall, lawmakers now say delays have reduced the chance of a 2025 passage.
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Brazil’s central bank is introducing stricter regulatory measures aimed at combating the infiltration of organized crime into the crypto sector. Key steps include tougher oversight of fintechs and payment institutions, limits on certain high-risk transactions (such as through the PIX system), and expedited requirements for licensing and capital for service providers. Regulators say the move targets money-laundering channels that exploit digital assets, especially through unregulated platforms.
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All 12 Bitcoin ETFs see outflows totaling $558M, Solana extends inflow streak to day nine💰 🪙
U.S. Bitcoin spot ETFs saw $558M in outflows on Nov. 7, their second-largest daily withdrawal since launch, led by Fidelity’s FBTC ($257M) and BlackRock’s IBIT ($131M). Despite the drop, total net inflows remain $59.97B with $138B AUM, while Solana ETFs continued their nine-day inflow streak, adding $12.7M.
📱 @Money 📱 Twitter
U.S. Bitcoin spot ETFs saw $558M in outflows on Nov. 7, their second-largest daily withdrawal since launch, led by Fidelity’s FBTC ($257M) and BlackRock’s IBIT ($131M). Despite the drop, total net inflows remain $59.97B with $138B AUM, while Solana ETFs continued their nine-day inflow streak, adding $12.7M.
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Dogecoin Price Rises as DOGE Approaches Key $0.186 Resistance🐶
Dogecoin (DOGE) has rebounded sharply, rising over 31% in 24 hours and trading around $0.179, nearing the key $0.186 resistance level. Analysts say DOGE is breaking out of its long-term downtrend, showing signs of renewed bullish momentum and investor interest, with trading volume reaching $7.28 billion and a market cap of $27.4 billion.
📱 @Money 📱 Twitter
Dogecoin (DOGE) has rebounded sharply, rising over 31% in 24 hours and trading around $0.179, nearing the key $0.186 resistance level. Analysts say DOGE is breaking out of its long-term downtrend, showing signs of renewed bullish momentum and investor interest, with trading volume reaching $7.28 billion and a market cap of $27.4 billion.
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Bitcoin to $250K in 3 months would be ‘one of the worst things’: Analyst 🚨
Macro‑analyst Mel Mattison warned that if Bitcoin surges rapidly to around $250,000 within the next three months, it could trigger a blow‑off top. In such a scenario, investors might rush to take profits, leading to a sharp reversal and deeper drawdown.
📱 @Money 📱 Twitter
Macro‑analyst Mel Mattison warned that if Bitcoin surges rapidly to around $250,000 within the next three months, it could trigger a blow‑off top. In such a scenario, investors might rush to take profits, leading to a sharp reversal and deeper drawdown.
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Bitcoin is approaching a critical junction: the 50-day simple moving average (SMA) is nearing a cross below the 200-day SMA — considered the cycle’s fourth “death cross.” Analysts warn a confirmed breakdown below $102K could jeopardize the ongoing bull market, while a weekly close above the 50-week exponential moving average ($100.9K) would signal strength.
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Recent derivatives data indicates that Ethereum (ETH) traders are pricing in a potential rebound toward the $4,000 level. Long liquidations have decreased and open interest has risen, suggesting that investors are betting the recent dip was a buying opportunity rather than a trend reversal.
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Ethereum price rejects lower after failed auction, bullish reversal to $4,000 possible?🔹
Ethereum has regained the key $3,425 level, showing strong demand and hinting at a possible bullish reversal toward $3,900–$4,000, though dropping below $3,425 could trigger renewed downside risk.
📱 @Money 📱 Twitter
Ethereum has regained the key $3,425 level, showing strong demand and hinting at a possible bullish reversal toward $3,900–$4,000, though dropping below $3,425 could trigger renewed downside risk.
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XRP Soars by 9% as Market Reacts to ETF Listing Signal🪙
XRP rose 9.1% to $2.52 as optimism grew over potential U.S. spot ETF approvals, with five DTCC-listed funds and filings from 21Shares and Franklin Templeton signaling institutional interest. A Ripple–Mastercard stablecoin pilot added momentum, supporting expectations of a bullish recovery from the $2 level.
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XRP rose 9.1% to $2.52 as optimism grew over potential U.S. spot ETF approvals, with five DTCC-listed funds and filings from 21Shares and Franklin Templeton signaling institutional interest. A Ripple–Mastercard stablecoin pilot added momentum, supporting expectations of a bullish recovery from the $2 level.
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Can Bitcoin bulls avoid the cycle’s fourth ‘death cross’ at $102K? 🤔
Bitcoin is approaching a critical juncture, with analysts warning that a break below ~$102,000 could trigger a “death cross” — typically seen as a bearish signal when the 50-day moving average crosses under the 200-day. While on-chain data hints at a bottoming phase, maintaining the $108,000–$110,000 level as new support is key for bulls to stay in control.
📱 @Money 📱 Twitter
Bitcoin is approaching a critical juncture, with analysts warning that a break below ~$102,000 could trigger a “death cross” — typically seen as a bearish signal when the 50-day moving average crosses under the 200-day. While on-chain data hints at a bottoming phase, maintaining the $108,000–$110,000 level as new support is key for bulls to stay in control.
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The Internal Revenue Service (IRS) and U.S. Department of the Treasury released new guidance on cryptocurrency exchange‑traded products (ETPs), introducing a “safe harbor” that permits trusts and funds to stake digital assets and distribute staking rewards to investors—provided certain conditions are met.
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