[4,259 BTC transferred from CryptoCom to an unknown wallet]
Whale Alert reported that 4,259 BTC has been transferred from CryptoCom to an unknown wallet. The transaction is valued at about $344 million.
https://coinness.com/en/news/1174445
Whale Alert reported that 4,259 BTC has been transferred from CryptoCom to an unknown wallet. The transaction is valued at about $344 million.
https://coinness.com/en/news/1174445
CoinNess
4,259 BTC transferred from CryptoCom to an unknown wallet - CoinNess
Whale Alert reported that 4,259 BTC has been transferred from CryptoCom to an unknown wallet. The transaction is valued at about $344 million.
[Circle enhances agent payment capabilities]
Jeremy Allaire, CEO of Circle, announced Circle has launched a new Agentic Managed Payments feature and revamped and expanded its agent marketplace.
https://coinness.com/en/news/1174446
Jeremy Allaire, CEO of Circle, announced Circle has launched a new Agentic Managed Payments feature and revamped and expanded its agent marketplace.
https://coinness.com/en/news/1174446
CoinNess
Circle enhances agent payment capabilities - CoinNess
Jeremy Allaire, CEO of Circle, announced Circle has launched a new Agentic Managed Payments feature and revamped and expanded its agent marketplace.
[Bitcoin cycle bottom still unconfirmed, downside risk remains]
Bitcoin’s cycle strength is weakening, but extreme signals typically seen at major turning points have yet to appear, according to CryptoQuant contributor CryptoOnchain.
CryptoOnchain said the 30-day moving average of Bitcoin’s Cycle Extremes Index had fallen to 15.8%, entering the “Watch” and “Mild Pressure” range. Despite a significant correction, the index remains far from the activation phase tied to overheated market activity or more extreme conditions, the analysis said.
Historically, the index surged around Bitcoin’s 2021 peak and during the 2024-2025 rally as market volatility and trading activity increased. By contrast, current cycle strength appears to have weakened sharply. While that suggests market pressure has eased, it does not mean the risk of further declines has disappeared.
The Cycle Extreme Oscillator also supports a cautious outlook. Its 30-day moving average is near the lower end of its historical range and remains well below the 1.0 threshold that accompanied strong market moves in the past. For now, no clear cycle-extreme signal is being observed, according to the analysis.
Taken together, the two indicators suggest Bitcoin is closer to an ongoing correction and slowing market activity than to a confirmed cycle bottom. The analysis added that low indicator readings alone, even after a steep decline, are not enough to conclude selling pressure has been exhausted, and that further sideways trading or another leg down cannot be ruled out before a sustained recovery.
https://coinness.com/en/news/1174447
Bitcoin’s cycle strength is weakening, but extreme signals typically seen at major turning points have yet to appear, according to CryptoQuant contributor CryptoOnchain.
CryptoOnchain said the 30-day moving average of Bitcoin’s Cycle Extremes Index had fallen to 15.8%, entering the “Watch” and “Mild Pressure” range. Despite a significant correction, the index remains far from the activation phase tied to overheated market activity or more extreme conditions, the analysis said.
Historically, the index surged around Bitcoin’s 2021 peak and during the 2024-2025 rally as market volatility and trading activity increased. By contrast, current cycle strength appears to have weakened sharply. While that suggests market pressure has eased, it does not mean the risk of further declines has disappeared.
The Cycle Extreme Oscillator also supports a cautious outlook. Its 30-day moving average is near the lower end of its historical range and remains well below the 1.0 threshold that accompanied strong market moves in the past. For now, no clear cycle-extreme signal is being observed, according to the analysis.
Taken together, the two indicators suggest Bitcoin is closer to an ongoing correction and slowing market activity than to a confirmed cycle bottom. The analysis added that low indicator readings alone, even after a steep decline, are not enough to conclude selling pressure has been exhausted, and that further sideways trading or another leg down cannot be ruled out before a sustained recovery.
https://coinness.com/en/news/1174447
CoinNess
Bitcoin cycle bottom still unconfirmed, downside risk remains - CoinNess
Bitcoin’s cycle strength is weakening, but extreme signals typically seen at major turning points have yet to appear, according to CryptoQuant contributor Cry...
[MARA Holdings shows signs of selling $132.8M in BTC]
Bitcoin miner MARA Holdings deposited 1,650 BTC worth $132.8 million to platforms including Galaxy Digital and Copper over the past 12 hours, according to Lookonchain. The transfers suggest the company is selling part of its holdings. MARA Holdings has been selling mined and held BTC for cash this year.
https://coinness.com/en/news/1174448
Bitcoin miner MARA Holdings deposited 1,650 BTC worth $132.8 million to platforms including Galaxy Digital and Copper over the past 12 hours, according to Lookonchain. The transfers suggest the company is selling part of its holdings. MARA Holdings has been selling mined and held BTC for cash this year.
https://coinness.com/en/news/1174448
CoinNess
MARA Holdings shows signs of selling $132.8M in BTC - CoinNess
Bitcoin miner MARA Holdings deposited 1,650 BTC worth $132.8 million to platforms including Galaxy Digital and Copper over the past 12 hours, according to Looko...
[Arthur Hayes warns AI IPO stock overhang could weigh on crypto]
Arthur Hayes said large-scale share overhangs following the IPOs of major AI and big tech companies such as SpaceX, Anthropic and OpenAI could also hurt the crypto market.
Hayes said about 8.6 billion SpaceX shares could be unlocked by the end of June next year, potentially increasing the number of shares in circulation by around 50%. Early IPO investors in Anthropic could face dilution of about 83%, while OpenAI may also choose to gradually release shares held by employees and early investors after a listing, he said. Hayes added that weaker AI stock prices could raise funding costs, and if related credit markets tighten, U.S. dollar liquidity could shrink and negatively affect crypto markets. He said BTC and other crypto assets could benefit, however, if the U.S. Federal Reserve and other major central banks begin supplying liquidity in response to a crisis.
https://coinness.com/en/news/1174449
Arthur Hayes said large-scale share overhangs following the IPOs of major AI and big tech companies such as SpaceX, Anthropic and OpenAI could also hurt the crypto market.
Hayes said about 8.6 billion SpaceX shares could be unlocked by the end of June next year, potentially increasing the number of shares in circulation by around 50%. Early IPO investors in Anthropic could face dilution of about 83%, while OpenAI may also choose to gradually release shares held by employees and early investors after a listing, he said. Hayes added that weaker AI stock prices could raise funding costs, and if related credit markets tighten, U.S. dollar liquidity could shrink and negatively affect crypto markets. He said BTC and other crypto assets could benefit, however, if the U.S. Federal Reserve and other major central banks begin supplying liquidity in response to a crisis.
https://coinness.com/en/news/1174449
CoinNess
Arthur Hayes warns AI IPO stock overhang could weigh on crypto - CoinNess
Arthur Hayes said large-scale share overhangs following the IPOs of major AI and big tech companies such as SpaceX, Anthropic and OpenAI could also hurt the cry...
[24-hour crypto futures liquidations]
The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours:
- BTC: $308.86 million liquidated (94.18% shorts)
- ETH: $217.05 million liquidated (61.46% shorts)
- CL: $7.06 million liquidated (94.43% shorts)
https://coinness.com/en/news/1174450
The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours:
- BTC: $308.86 million liquidated (94.18% shorts)
- ETH: $217.05 million liquidated (61.46% shorts)
- CL: $7.06 million liquidated (94.43% shorts)
https://coinness.com/en/news/1174450
CoinNess
24-hour crypto futures liquidations - CoinNess
The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $308.86 million liquidat...
[Genius to introduce fee-based buybacks starting with GSTOCK]
On-chain trading terminal Genius said it will introduce a fee-based buyback program starting with GSTOCK. Under the plan, 20% of Genius Foundation fees generated from the GSTOCK trading pair will be used for buybacks. Other tokens with a market capitalization above $2 million can also apply for buybacks under the same model.
https://coinness.com/en/news/1174451
On-chain trading terminal Genius said it will introduce a fee-based buyback program starting with GSTOCK. Under the plan, 20% of Genius Foundation fees generated from the GSTOCK trading pair will be used for buybacks. Other tokens with a market capitalization above $2 million can also apply for buybacks under the same model.
https://coinness.com/en/news/1174451
CoinNess
Genius to introduce fee-based buybacks, starting with GSTOCK - CoinNess
On-chain trading terminal Genius said it will introduce fee-based buybacks starting with GSTOCK. The company plans to use 20% of Genius Foundation fees generate...
[U.S. spot Bitcoin ETFs see $74.6M net inflow after 3-day outflow streak]
U.S. spot Bitcoin ETFs recorded a net inflow of $74.6 million on Nov. 4, according to SoSoValue data compiled by Farside Investors. The products turned to net inflows after a three-day outflow streak.
- BlackRock IBIT: -$201.2 million
- Fidelity FBTC: +$236.7 million
- Bitwise BITB: +$15.2 million
- ARK Invest ARKB: +$19.9 million
- Invesco BTCO: +$4.0 million
https://coinness.com/en/news/1174452
U.S. spot Bitcoin ETFs recorded a net inflow of $74.6 million on Nov. 4, according to SoSoValue data compiled by Farside Investors. The products turned to net inflows after a three-day outflow streak.
- BlackRock IBIT: -$201.2 million
- Fidelity FBTC: +$236.7 million
- Bitwise BITB: +$15.2 million
- ARK Invest ARKB: +$19.9 million
- Invesco BTCO: +$4.0 million
https://coinness.com/en/news/1174452
CoinNess
U.S. spot Bitcoin ETFs see $74.6M net inflow after 3-day outflow streak - CoinNess
U.S. spot Bitcoin ETFs recorded a net inflow of $74.6 million on Nov. 4, according to SoSoValue data compiled by Farside Investors. The products turned to net i...
[U.S. spot ETH ETFs log net inflows after 6-day outflow streak]
U.S. spot Ethereum ETFs recorded $53 million in net inflows on Nov. 4, according to Farside Investors, reversing seven consecutive trading days of net outflows.
- BlackRock ETHA: +$32.8 million
- BlackRock staking ETHB: -$22.4 million
- Fidelity FETH: +$19.2 million
- VanEck ETHV: +$1 million
- Grayscale ETHE: +$9.7 million
- Grayscale Mini ETH: +$13.6 million
https://coinness.com/en/news/1174453
U.S. spot Ethereum ETFs recorded $53 million in net inflows on Nov. 4, according to Farside Investors, reversing seven consecutive trading days of net outflows.
- BlackRock ETHA: +$32.8 million
- BlackRock staking ETHB: -$22.4 million
- Fidelity FETH: +$19.2 million
- VanEck ETHV: +$1 million
- Grayscale ETHE: +$9.7 million
- Grayscale Mini ETH: +$13.6 million
https://coinness.com/en/news/1174453
CoinNess
U.S. spot ETH ETFs log net inflows after 6-day outflow streak - CoinNess
U.S. spot Ethereum ETFs recorded $53 million in net inflows on Nov. 4, according to Farside Investors, reversing seven consecutive trading days of net outflows....
[Hancom chairman Kim gets suspended term in alleged $6.9M crypto slush fund case]
A South Korean court sentenced Hancom Chairman Kim Sang-cheol to one year and six months in prison, suspended for three years, over charges tied to the creation of a 9.6 billion won ($6.9 million) slush fund using cryptocurrency held by an affiliate, News1 reported.
The Seongnam branch of the Suwon District Court on Nov. 5 also acquitted Kim, 73, of breach of trust under the Act on the Aggravated Punishment of Specific Economic Crimes. Prosecutors had previously sought a nine-year prison term.
https://coinness.com/en/news/1174454
See more: https://www.news1.kr/local/gyeonggi/6343943
A South Korean court sentenced Hancom Chairman Kim Sang-cheol to one year and six months in prison, suspended for three years, over charges tied to the creation of a 9.6 billion won ($6.9 million) slush fund using cryptocurrency held by an affiliate, News1 reported.
The Seongnam branch of the Suwon District Court on Nov. 5 also acquitted Kim, 73, of breach of trust under the Act on the Aggravated Punishment of Specific Economic Crimes. Prosecutors had previously sought a nine-year prison term.
https://coinness.com/en/news/1174454
See more: https://www.news1.kr/local/gyeonggi/6343943
[XRPL fixes flaw that could let burn-only accounts mint tokens]
XRP Ledger fixed a security flaw that, under certain conditions, could have allowed accounts with only token-burning authority to mint new tokens, CoinDesk reported. The vulnerability stemmed from a feature that lets accounts delegate permissions to other accounts.
Previously, accounts delegated authority to burn tokens such as stablecoins could in some cases also exercise minting authority, but the update separated the two permissions. The measure applies to assets issued on XRPL, including stablecoins, and is unrelated to XRP itself. No confirmed cases of real-world exploitation have been identified so far.
https://coinness.com/en/news/1174455
XRP Ledger fixed a security flaw that, under certain conditions, could have allowed accounts with only token-burning authority to mint new tokens, CoinDesk reported. The vulnerability stemmed from a feature that lets accounts delegate permissions to other accounts.
Previously, accounts delegated authority to burn tokens such as stablecoins could in some cases also exercise minting authority, but the update separated the two permissions. The measure applies to assets issued on XRPL, including stablecoins, and is unrelated to XRP itself. No confirmed cases of real-world exploitation have been identified so far.
https://coinness.com/en/news/1174455
CoinNess
XRPL fixes flaw that could let burn-only accounts mint tokens - CoinNess
XRP Ledger fixed a security flaw that, under certain conditions, could have allowed accounts with only token-burning authority to mint new tokens, CoinDesk repo...
[Bloomberg: Tron, Tether and Binance shut down T3 financial crime unit]
Tron, Tether and Binance have disbanded T3, a joint financial crime response unit, Bloomberg reported. Slow response times and weak coordination among the participating companies were cited as reasons for the shutdown. The companies are also said not to have separately disclosed the unit’s closure.
T3 launched in September 2024 and had said it froze $250 million in illicit funds while working with law enforcement agencies.
https://coinness.com/en/news/1174456
Tron, Tether and Binance have disbanded T3, a joint financial crime response unit, Bloomberg reported. Slow response times and weak coordination among the participating companies were cited as reasons for the shutdown. The companies are also said not to have separately disclosed the unit’s closure.
T3 launched in September 2024 and had said it froze $250 million in illicit funds while working with law enforcement agencies.
https://coinness.com/en/news/1174456
CoinNess
Bloomberg: Tron, Tether and Binance shut down T3 financial crime unit - CoinNess
Tron, Tether and Binance have disbanded T3, a joint financial crime response unit, Bloomberg reported. Slow response times and weak coordination among the parti...
[South Korea lawmaker aims to fast-track stablecoin bill after November submission]
South Korea’s National Policy Committee Chairman Yoo Dong-soo of the ruling Democratic Party said a government bill on a basic law for digital assets, including stablecoin-related measures, will be submitted to the National Assembly in November and handled as quickly as possible afterward, Edaily reported.
Asked when South Korea’s Financial Services Commission would submit the government proposal, Yoo said it would be sent to parliament in November and processed as soon as possible after submission. Yoo added the government bill would be released soon and the Democratic Party plans to pass the digital asset basic law as quickly as possible once it is introduced, citing the need to protect South Korea’s monetary sovereignty in the global currency system.
https://coinness.com/en/news/1174457
See more: https://www.edaily.co.kr/News/Read?newsId=05152886645642768&mediaCodeNo=257&utm_source=naver&utm_medium=referral&utm_campaign=news_syndication&utm_content=original_article
South Korea’s National Policy Committee Chairman Yoo Dong-soo of the ruling Democratic Party said a government bill on a basic law for digital assets, including stablecoin-related measures, will be submitted to the National Assembly in November and handled as quickly as possible afterward, Edaily reported.
Asked when South Korea’s Financial Services Commission would submit the government proposal, Yoo said it would be sent to parliament in November and processed as soon as possible after submission. Yoo added the government bill would be released soon and the Democratic Party plans to pass the digital asset basic law as quickly as possible once it is introduced, citing the need to protect South Korea’s monetary sovereignty in the global currency system.
https://coinness.com/en/news/1174457
See more: https://www.edaily.co.kr/News/Read?newsId=05152886645642768&mediaCodeNo=257&utm_source=naver&utm_medium=referral&utm_campaign=news_syndication&utm_content=original_article
CoinNess
South Korea lawmaker aims to fast-track stablecoin bill after November submission - CoinNess
South Korea’s National Policy Committee Chairman Yoo Dong-soo of the ruling Democratic Party said a government bill on a basic law for digital assets, includi...
[Zcash to retire legacy Sprout pool, freezing $16M in ZEC]
Privacy-focused cryptocurrency Zcash will retire Sprout, a legacy privacy pool launched in 2016, through its NU7 network upgrade, CoinDesk reported. About 12,226 ZEC worth roughly $16 million remains in Sprout, and once the upgrade takes effect, use of those assets will be restricted even for holders of the private keys, effectively freezing the funds.
The upgrade is aimed at retiring Sprout’s legacy transaction format to reduce software complexity and security risks. Holders of ZEC in the pool need to withdraw their assets before the upgrade.
Assuming Zcash’s average block time remains 75 seconds, the NU7 upgrade is expected to take effect at 2:30 a.m. UTC on Nov. 6.
https://coinness.com/en/news/1174458
Privacy-focused cryptocurrency Zcash will retire Sprout, a legacy privacy pool launched in 2016, through its NU7 network upgrade, CoinDesk reported. About 12,226 ZEC worth roughly $16 million remains in Sprout, and once the upgrade takes effect, use of those assets will be restricted even for holders of the private keys, effectively freezing the funds.
The upgrade is aimed at retiring Sprout’s legacy transaction format to reduce software complexity and security risks. Holders of ZEC in the pool need to withdraw their assets before the upgrade.
Assuming Zcash’s average block time remains 75 seconds, the NU7 upgrade is expected to take effect at 2:30 a.m. UTC on Nov. 6.
https://coinness.com/en/news/1174458
CoinNess
Zcash to retire legacy Sprout pool, freezing $16M in ZEC - CoinNess
Privacy-focused cryptocurrency Zcash will retire Sprout, a legacy privacy pool launched in 2016, through its NU7 network upgrade, CoinDesk reported. About 12,22...
[Bithumb to temporarily suspend AKT deposits and withdrawals]
South Korean exchange Bithumb announced it will temporarily suspend AKT deposits and withdrawals starting at 9:00 a.m. UTC on Nov. 6.
https://coinness.com/en/news/1174459
South Korean exchange Bithumb announced it will temporarily suspend AKT deposits and withdrawals starting at 9:00 a.m. UTC on Nov. 6.
https://coinness.com/en/news/1174459
CoinNess
Bithumb to temporarily suspend AKT deposits and withdrawals - CoinNess
South Korean exchange Bithumb announced it will temporarily suspend AKT deposits and withdrawals starting at 9:00 a.m. UTC on Nov. 6.
[Upbit to list CARDS for KRW, BTC and USDT trading]
South Korean exchange Upbit announced the addition of Collectorcrypt (CARDS) for KRW, BTC and USDT trading at 7:30 a.m. UTC today.
https://coinness.com/en/news/1174460
South Korean exchange Upbit announced the addition of Collectorcrypt (CARDS) for KRW, BTC and USDT trading at 7:30 a.m. UTC today.
https://coinness.com/en/news/1174460
CoinNess
Upbit announces CARDS listing - CoinNess
South Korean exchange Upbit announced the addition of CARDS.
[BTC perp long/short ratios on top exchanges by open interest]
The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest:
Overall: 49.56% long, 50.44% short
- Binance: 51.88% long, 48.12% short
- OKX: 51.78% long, 48.22% short
- Bybit: 52.5% long, 47.5% short
https://coinness.com/en/news/1174461
The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest:
Overall: 49.56% long, 50.44% short
- Binance: 51.88% long, 48.12% short
- OKX: 51.78% long, 48.22% short
- Bybit: 52.5% long, 47.5% short
https://coinness.com/en/news/1174461
CoinNess
BTC perp long/short ratios on top exchanges by open interest - CoinNess
The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 49....
[Upbit to temporarily suspend AKT deposits and withdrawals]
South Korean crypto exchange Upbit announced it will temporarily suspend AKT deposits and withdrawals starting at 9:00 a.m. UTC on Nov. 6 to support the Akash Network upgrade.
https://coinness.com/en/news/1174462
South Korean crypto exchange Upbit announced it will temporarily suspend AKT deposits and withdrawals starting at 9:00 a.m. UTC on Nov. 6 to support the Akash Network upgrade.
https://coinness.com/en/news/1174462
[Bithumb to list MAGMA in KRW trading pair]
South Korean exchange Bithumb announced the addition of Magma Finance (MAGMA) to its KRW trading pair today.
https://coinness.com/en/news/1174463
South Korean exchange Bithumb announced the addition of Magma Finance (MAGMA) to its KRW trading pair today.
https://coinness.com/en/news/1174463
CoinNess
Bithumb to list MAGMA in KRW trading pair - CoinNess
South Korean exchange Bithumb announced the addition of Magma Finance (MAGMA) to its KRW trading pair today.
[Bithumb to delist FET]
South Korean exchange Bithumb announced the delisting of FET.
https://coinness.com/en/news/1174464
South Korean exchange Bithumb announced the delisting of FET.
https://coinness.com/en/news/1174464
CoinNess
Bithumb to delist FET - CoinNess
South Korean exchange Bithumb announced the delisting of FET.
[Analyst warns most corporate BTC reserve strategies will fail]
Most companies building BTC reserves through debt or share issuance will eventually fail, macro analyst Roberto Rios warned, according to BitcoinTreasuries.
Rios said a strategy of buying BTC through new share issuance can be copied by anyone, leaving no competitive edge. He added the approach is not sustainable and said those companies’ market capitalization-to-modified net asset value, or mNAV, will eventually fall to around 1x. A better strategy, Rios said, would be to allocate 30% of corporate profits to BTC purchases and fund those purchases with internal cash flow.
https://coinness.com/en/news/1174465
Most companies building BTC reserves through debt or share issuance will eventually fail, macro analyst Roberto Rios warned, according to BitcoinTreasuries.
Rios said a strategy of buying BTC through new share issuance can be copied by anyone, leaving no competitive edge. He added the approach is not sustainable and said those companies’ market capitalization-to-modified net asset value, or mNAV, will eventually fall to around 1x. A better strategy, Rios said, would be to allocate 30% of corporate profits to BTC purchases and fund those purchases with internal cash flow.
https://coinness.com/en/news/1174465
CoinNess
Analyst warns most corporate BTC reserve strategies will fail - CoinNess
Most companies building BTC reserves through debt or share issuance will eventually fail, macro analyst Roberto Rios warned, according to BitcoinTreasuries. Ri...