updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131The token currently trades near $0.53 after touching a low of $0.48, while the broader crypto market has also crashed.
Trading volume, on the other hand, surged by 13% to $1.8 billion, a sign that volatility is drawing traders back into the market.
With total market capitalization falling to $3.39 trillion and $1.73 billion in liquidations over the past day, according to CoinGlass, the start of this November has been hard on crypto enthusiasts.
However, even as the bloodbath unfolded, the Cardano Foundation marked founder Charles Hoskinson’s birthday, a reminder of how far the project has come since its inception.
Wishing @IOHK_Charles a very happy birthday. Your pioneering work and vision laid the foundation for Cardano’s global reach today. I hope the year ahead brings new opportunities to reconnect and build on the progress that started it all. pic.twitter.com/Bgdq39XX23
— Frederik Gregaard (@F_Gregaard) November 5, 2025
Despite the chaos, on-chain analyst Ali Martinez highlighted a potentially pivotal moment for ADA.
The TD Sequential indicator has printed a buy signal on the three-day chart, indicating that the recent downtrend could be nearing exhaustion.
TD Sequential prints a buy signal for Cardano $ADA.
Could this mark the reversal? pic.twitter.com/vX7SZxg5N3
— Ali (@ali_charts) November 5, 2025
Historically, this signal has preceded strong upward reversals for ADA, particularly when accompanied by oversold RSI levels.
The weekly chart shows that ADA has broken below its descending triangle support, retesting the $0.50 zone.
The next critical support sits between $0.35 and $0.40. Should ADA confirm a breakout above its descending trendline (near $0.80), it could open the path toward a mid-term target of $1.20.
Source: TradingView
Beyond that, the chart suggests a potential macro move that could drive prices as high as $10, representing a staggering 1,800% gain from current levels.
Historically, extreme fear levels often precede local bottoms as weak hands exit and accumulation resumes.
If Cardano’s buy signal holds and volume sustains, the stage could be set for a significant rebound in the coming weeks.
As Cardano pushes toward a recovery, Best Wallet ($BEST) is quietly gaining momentum in one of crypto’s fastest-growing sectors – non-custodial wallets.
With over $16.8 million raised in its presale so far, Best Wallet is shaping up to be a serious player in the $11 billion wallet market.
Designed for freedom, security, and speed, it’s a multi-chain wallet that puts users fully in control of their assets – no intermediaries needed.
But what sets it apart is access.
$BEST token holders unlock early entry to vetted crypto presales and new projects before they go mainstream.
They also enjoy lower transaction fees across the ecosystem, plus up to 78% staking yields through Best Wallet’s built-in aggregator.
For anyone looking to get in early on the next cycle’s breakout stars, Best Wallet is quickly becoming a go-to tool.
To buy $BEST, visit the official Best Wallet Token website and connect a supported wallet, such as the Best Wallet app itself.
Once done, you can swap existing crypto or use a debit/credit card to complete the transaction.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
As digital asset investment products saw a third consecutive week of outflows, Ripple’s XRP bucked the trend with substantial inflows. Major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) experienced significant outflows, leading the market’s negative sentiment.
Several events have likely contributed to these outflows, including the Bybit hack, the Federal Reserve’s hawkish stance, and the crypto market crash.
CoinShares’ weekly report revealed a record-breaking outflow of $2.9 billion from digital asset investment products, marking the largest weekly withdrawal. This outflow extends a three-week streak, with total withdrawals reaching $3.8 billion over this period.
While major players like Bitcoin (BTC) and Ethereum (ETH) exhibited notable outflows, XRP defied the trend with a significant inflow of $5 million. Bitcoin was hit the hardest by the market’s bearish sentiment, experiencing a substantial outflow of $2.59 billion last week.
Following was Ethereum, with a negative flow of $300 million. Other assets like Solana and Ton also experienced outflows of $7.4 million and $22.6 million, respectively.
In stark contrast to the major crypto market trend, XRP gained $5 million in inflows over the past week. The positive trend was led by Sui, with a significant inflow of $15.5 million.
Meanwhile, the US was the country with the largest outflows, followed by Switzerland, Canada, and Sweden. The US saw a total outflow of $2,874 million, whereas Switzerland, Canada, and Sweden exhibited $73.1 million, $16.9 million, and $14.5 million outflows, respectively.
XRP’s notable performance has significantly gained attention. Possibly, the token’s positive sentiment is largely driven by the SEC’s optimistic approach to XRP ETFs. Over the past few weeks, the US SEC has acknowledged XRP ETF applications submitted by multiple asset managers. In the latest development, President Donald Trump announced his decision to include XRP in the national reserve.
However, top crypto assets like BTC and ETH were hit by the recent incidents like Bybit hack and the Fed’s hint at maintaining the current interest rates.
Though Donald Trump is adopting BTC, XRP, SOL, and ADA to the national reserve, this has sparked a debate between Bitcoin enthusiasts and XRP Army. While Bitcoin aspirants celebrate the BTC reserve update, they question the addition of XRP. For instance, Bitwise CEO Hunter Horsely, stated, “Many crypto assets have merits, but what we’re talking about here isn’t a US investment portfolio — we’re talking about a reserve, and BTC is the undisputed store of value for the digital age.”
Meanwhile, Cardano Founder Charles Hoskinson backed XRP claiming that it is “great technology, global standard, survived for a decade through many harsh cycles, and has one of the strongest communities.”
Notably, the crypto market was experiencing severe downturns over the past week, with Bitcoin trading around a low of $85k. This bearish market sentiment has significantly contributed to the outflows exhibited last week.
However, the market has rebounded today, especially driven by Donald Trump’s crypto reserve strategy. While Bitcoin has surged to $93,366, ETH and XRP reached $2,383 and $2.68, respectively. The overall market cap has increased to $3.06 trillion, up by more than 8%.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has created a perplexing scenario for investors recently. Despite a noticeable decline in its price, on-chain data reveals that large investors, often referred to as “whales,” are accumulating ETH. This could signal a potential buying opportunity, though technical indicators suggest a weakening uptrend, leaving Ethereum’s near-term future uncertain.
Related Reading: Solana Searching For Direction: Will SOL Break Free Or Fall Flat?
In recent analysis by NewsBTC, it was revealed that wallets holding over 10,000 ETH have been steadily acquiring more tokens since the end of May. This period of accumulation, based on Glassnode data, coincides with a drop in Ethereum’s price from around $3,074 to its current price of $3,670. The significant increase in holdings by these large investors suggests that they see the current price decline as an attractive entry point, anticipating a future price rise.
Adding to the bullish sentiment, CryptoQuant’s Netflow data for Ethereum has shown a dominance of negative flows in recent weeks. This means more ETH is leaving exchanges than entering them, a traditional indicator that investors are holding onto their ETH rather than selling it. This behavior can reduce the available supply on the market, potentially pushing prices up in the long run.
Related Reading: $2 Billion Crypto Funds Flow Into Market On Rate Cut Buzz
Despite the optimistic signs from whale accumulation and exchange outflows, technical indicators paint a less rosy picture. Ethereum has been trading in a narrow range around $3,600 for the past three days, showing a slight decline of approximately 0.8% today. While the Relative Strength Index (RSI) remains above 50, indicating a slight uptrend, it is currently on a downward trajectory. If this trend continues and the RSI falls below the neutral line, it could suggest a potential price dip.
The number of #Ethereum addresses holding 10,000+ $ETH has increased by 3% in the last three weeks, signaling an important spike in buying pressure! pic.twitter.com/7qq5HgGP37
— Ali (@ali_charts) June 9, 2024
The RSI’s downward movement indicates weakening momentum, which, if not reversed, might lead to further declines in Ethereum’s price. This bearish technical outlook contrasts sharply with the positive on-chain data, creating a complex situation for investors trying to predict the market’s next move.
The near-term future of Ethereum appears to hinge on the emergence of a significant catalyst. Broader market sentiment could play a crucial role, with a positive shift potentially reigniting the uptrend. Additionally, upcoming news or developments specific to the Ethereum network could also serve as a catalyst for price movement. Successful upgrades or increased adoption of decentralized applications (dApps) built on the Ethereum blockchain could trigger renewed investor interest and drive prices higher.
Featured image from Harbor Breeze Cruises, chart from TradingView
Glassnode data has revealed that Bitcoin long-term holders are taking advantage of the cryptocurrency’s lower price to significantly increase their holdings. This accumulation further strengthens the belief that this group of Bitcoin investors anticipate a potential upside for Bitcoin despite its recent volatility.
According to Glassnode, long-term Bitcoin holders who had previously sold 1 billion BTC in the latter part of 2023 are accumulating once again. This buying activity could be interpreted as a potential bullish signal for Bitcoin.
Traditionally, Bitcoin long-term holders sell their holdings during peak prices and buy new tokens during periods of correction or substantial declines. When these seasoned investors buy cryptocurrencies during market lows, it usually indicates their expectations of a potential rebound, leading to profits.
On the other hand, short-term holders are known to buy cryptocurrencies during sporadic price surges, often signaling that a cryptocurrency is nearing its peak.
With Bitcoin presently stabilizing above $61,000, long-term Bitcoin holders probably see the cryptocurrency’s value as a prime buying opportunity. They have recently added a staggering 70,000 BTC valued at over $4.3 billion to their holdings.
This sentiment for Bitcoin’s potential rally is also shared by a few crypto analysts who have predicted that the cryptocurrency would surge to new all-time highs during the approaching bull market. Earlier in March, before Bitcoin’s halving event, the cryptocurrency skyrocketed above $73,000, marking a new historic all-time high.
With the bull market still on the way, Bitcoin could see further upsides as market conditions improve and investor demand rises. This could potentially lead to profits for long term holders who had purchased the cryptocurrency earlier.
Moreover, the upcoming United States inflation report, set for release on May 15, could also be another primary factor driving long-term investors’ substantial BTC accumulation. With the US Consumer Price Index (CPI) remaining historically high, and the Federal Reserve (FED) unchanged rates, Bitcoin is seen as a possible hedge against inflationary pressures, protecting investors’ wealth against decline.
Reports from blockchain analytics platform Santiment reveal that Bitcoin whales are showing an opposite trend from long-term holders.
The analytics platform noted that Bitcoin whales appear to be taking a break from accumulating BTC, as the number of large-scale transactions has been decreasing significantly.
This trend coincides with the cryptocurrency’s reduced on-chain activities and its declining value over the past few weeks.
Crypto analyst Ali Martinez has also shared a similar report, emphasizing that Bitcoin’s accumulation trend score is currently displaying a value closer to zero, indicating that larger investors were distributing their holdings rather than buying.
Despite the downtrend, Martinez has disclosed that Bitcoin’s current TD sequential is signaling a buying opportunity and the cryptocurrency was poised for a rebound soon. At the time of writing, the cryptocurrency’s price is trading below $62,000, receiving a decrease of about 6.38% in the last month, according to CoinMarketCap.
Featured image from StormGain, chart from Tradingview.com
The price of Ethereum (ETH) has shown less bullish sentiment after its much anticipated “Ethereum Merge.” Ethereum saw its price plummet against tether (USDT) following the Federal Open Market Committee news (FOMC). The Federal Reserve raised its target interest rate by 75 bps, negatively affecting the price of ETH. (Data from Binance)
The price of ETH continues to struggle to keep its head afloat after seeing the weekly candle closing bearish, with the new week looking more bearish ahead of the expected FOMC meeting.
ETH price tried showing some relief bounce ahead of the new week as price moved to a region of $1,370, but this bounce was cut short as the news of an increased rate hike harmed the price seeing the price of ETH to a weekly low of $1,250 before bouncing off that region as price reclaimed $1,300.
The price of ETH needs to move to a high of $1,500 to remain safe from falling lower to its crucial support. If the price of ETH continues with this structure, we could see the price of ETH breaking the support of $1,200 and going lower to a region of $1,024, where there is more demand for ETH price.
The price of ETH is currently faced with resistance to breaking above $1,324; If ETH fails to break and hold above this support zone, we could see the price going lower to its $1,200 key support and lower if this support fails to hold off sell orders.
Weekly resistance for the price of ETH – $1,324.
Weekly support for the price of ETH – $1,200.
The 4H timeframe for ETH prices continues to move in range as price retested a low of $1,250; the price of ETH bounced from this region after forming a bullish divergence as price rallied to a high of $1,320 before facing resistance to breaking higher.
The price of ETH needs to reclaim $1,400 for a chance to trend higher.
On the 4H timeframe, the price of ETH is currently trading at $1,310, just below the 50 and 200 Exponential Moving Average (EMA), acting as resistance for ETH price. The price of $1,400 and $1,540 corresponds to the resistance at 50 and 200 EMA for the price of ETH. The price of ETH needs to reclaim 50 EMA for a chance to trend to $1,500.
The Relative Strength Index of ETH is below 50, indicating fewer buy orders.
Four-hourly resistance for the ETH price – $1,400.
Four-hourly support for the ETH price – $1,200.
Featured Image From Istock, Charts From Tradingview
Bears look to now have a stronghold on the crypto market as bitcoin and ethereum record negative outflows. This trend which started about a month back as not let up as values of digital assets across the crypto space continue to plummet. In this time, the total market cap has plummeted about $500 billion, signaling the start of a bear market, and the outflows from the space corroborate this story.
Last week marks the 5th consecutive week of outflows from the crypto market. What started as a trickle at first has now turned into a full-blown flood as net outflows for the week crossed the half a billion dollars mark. This marks overall bearish sentiment among investors who are beginning to retreat from the market due to the declining asset values.
Related Reading | Retail Giant Walmart Ventures Into The Metaverse With Its Own Crypto And NFTs
This time period has been one of the sharpest when it comes to outflows. The last time digital assets saw outflows pass the half a billion dollars mark this quickly was in 2018 after the bull market was over.
Outflows for the week hit a new record with $73 million, the highest outflows ever recorded on a weekly basis. This brought the total for the five weeks of outflows to $532 million. The outflows which began at the end of last year have now ramped up with the steady decline of cryptocurrencies like bitcoin and ethereum. Institutional investors continue to pull out of the market, spelling a period of drawn-out downtrends for the market.
BTC begins recovery trend | Source: BTCUSD on TradingView.com
The top 2 cryptocurrencies bitcoin and ethereum all recorded outflows for the week. Bitcoin led the charge with a total of $55 million in outflows. This marks four out of the last five weeks that the pioneer cryptocurrency has seen outflows flowing the decline in value. The total outflows for the last five weeks totaled $317 million for bitcoin, while total assets under management (AuM) fell to a one-month low of $35 billion.
Related Reading | Mark Cuban On Centering 80% Of His Investments In Cryptocurrencies
Ethereum followed suit with more outflows. The altcoin has recorded more outflows compared to counterpart bitcoin. While the latter maintained inflows for as long as possible, ethereum had already begun to record outflows. Last week’s outflows brought the digital asset’s total to $230 million, after a consecutive six weeks of outflows. Ethereum’s outflows have brought the asset’s percentage to 1.5% of total assets under management.
Solana however did not record any of the outflows. The altcoin took a complete 180 from the others as it recorded another week of inflows despite the market suffering continuous outflows.
Featured image from Bitcoin News, chart from TradingView.com
Crypto.com (CRO) is simply in shambles. After a massive 7-day rout that saw the token lose nearly 25% in value, CRO is still in the eye of the storm. Any attempts to break the downtrend over the last few days have been met with massive downward pressure. So, what’s next for CRO? Well, here are some highlights.
CRO has shown some mild bullish signs in the last week but has largely been on a strong downtrend.
At the time of writing, the coin was trading at $0.4459, up about 1% in 24 hours but still down 22% for the week.
CRO is facing significant headwinds in the market albeit underlying fundamentals are outstanding.
Data source: Tradingview.com
CRO has shown some brief recovery over the last 24 hours, managing to post decent gains after a whole week in the red. But this is very mild and does not suggest anything. In fact, the token is firmly in decline.
Any breakout can only come once we see a trend reversal around its $0.4224 support. Also, CRO must break past its overhead resistance of $0.4846. At the time of writing, the coin was trading at around $0.4459.
With increasing bear pressure from the wider market, it is unlikely that CRO will surge past overhead resistance in the near term. In fact, if downside pressure continues, the token could sink to as low as $0.3151.
Crypto.com, one of the leading crypto exchanges in the world, has expanded fast in recent years. In fact, the platform is putting more effort to bring institutional traders with deeper pockets into its exchange.
It is therefore going places and as such, any investor should consider its native CRO token. Crpto.com (CRO) has always been a decent long-term asset to hold. Nothing has changed in underlying fundamentals, so you should definitely buy.
✓ Share: