Crypto Market News Today, November 27: Bitcoin Price Rebounds After Hitting Bottom, ETH USD Cracks 3K as Altseason Approaches
The market woke up fast last night as Bitcoin price bounced sharply from its recent bottom that had been forming for days, pulling back above $90,000 while ETH USD finally cracked the $3,000 level again. This jump surprised almost no one. ETF flow data has been turning green for...
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XRP price presses into mid-range resistance as Binance supply drops to lowest level of 2025
XRP is trading near $2.20 while its supply on Binance falls to the lowest point of the year, reducing sell-side pressure. XRP was trading near $2.20 at press time, holding a slight 0.5% gain in the past 24 hours. The…...
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Attention, Pioneers: Pi Network Drops Major Update to Boost Gaming Experience (Details)
The Core Team announced that it had taken a major step toward expanding its real-world utility by notching a strategic partnership and investment deal with CiDi Games. The latter is a gaming platform focused on building Pi-integrated titles for tens of millions of Pi Network users, often referred to...
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Upbit halts deposits and withdrawals after $36M Solana wallet breach
Crypto exchange Upbit has suspended all deposits and withdrawals after disclosing a major security incident that has led to multi-million dollar losses. Upbit detected suspicious transactions involving its Solana hot wallet early Thursday morning, prompting it to halt operations and…...
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Strategy’s Bitcoin edge erodes as big banks target institutional demand
Strategy’s Bitcoin-treasury edge is eroding as JPMorgan and Morgan Stanley roll out leveraged Bitcoin products, tightening margins and pressuring MSTR’s downtrending stock. Strategy Inc. is confronting increased competition as JPMorgan Chase and Morgan Stanley introduce Bitcoin-linked investment products, according to…...
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A Smart Bet On This Crypto In 2020 Could Buy You TVs, AirPods And Smartphones This Black Friday: Here’s How
Black Friday can be a tough time to resist shopping urges, with a bunch of discounts tempting you to indulge in retail therapy. But if you had chosen to invest in XRP (CRYPTO: XRP) instead and held onto it, your returns this year would have been good enough to...
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KakaoBank Starts Development Of ‘Kakao Coin’ Project As Stablecoin Race Intensifies – Report
KakaoBank, the digital bank under South Korea’s IT giant Kakao, has reportedly started the development phase of its Won-pegged stablecoin project in preparation for the upcoming advances of key crypto-related legislation in the country. KakaoBank’s Stablecoin Development ‘In Full Swing’ On Wednesday, local news media outlet Newspim reported that...
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JPMorgan deepens crypto push with Bitcoin-backed securities
JPMorgan filed to issue bitcoin-backed structured notes linked to BlackRock’s IBIT ETF, offering up to 1.5x leveraged returns and conditional principal protection for institutions. JPMorgan Chase & Co. has filed to offer Bitcoin-backed structured notes that will track the performance…...
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Grayscale Dogecoin ETF launch sees lower volume than analysts projected
Grayscale’s spot dogecoin ETF opened on NYSE Arca with about $1.4m in first-day volume, lagging analyst forecasts and trailing recent crypto ETF launches. Grayscale’s spot Dogecoin exchange-traded fund commenced trading on NYSE Arca with modest volume, attracting approximately $1.4 million…...
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Analysts Believe Altseason Is Loading Despite November’s Brutal Losses
Altcoins are back in the doldrums with most of this year’s gains being wiped out in a brutal November that saw more than a trillion dollars exit crypto markets. Analysts have been looking at the TOTAL3, or total market capitalization without Bitcoin and stablecoins, for signs of capital rotation. ‘Stockmoney...
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