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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Binance co-founder Changpeng “CZ” Zhao has denied any relationship with United States President Donald Trump and his family. This comes in response to the chatter surrounding Trump’s pardon of him in October 2025. CZ Says He Has Never Met President Trump In an interview with FOX News on Friday, November 7, Zhao revealed that he was “a little bit surprised” by the US President’s decision to pardon him. The Binance co-founder pleaded guilty to anti-money-laundering (AML) violations in 2023. While the former CEO of the world’s largest…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Last week proved quite volatile in the Bitcoin (BTC) market as prices retested the psychological $100,000 price level following a sustained price correction that began in early October. Amid this price decline, the US Bitcoin Spot ETFs suffered a similar tumultuous fate, registering a net outflow of over $1 billion. Bitcoin ETFs See $1.28B In Net Withdrawals As Price Struggles Persist According to data from SoSovalue, capital outflows of 12 Bitcoin ETFs reached $558.4 million on Friday, taking total net outflows in the first week of November…
Ark Investment Management has just trimmed its 2030 Bitcoin bull case from $1.5 million to $1.2 million, and a $300,000 cut may sound dramatic until one understands what actually changed.Cathie Wood didn’t panic about bond markets or abandon her thesis, but instead adjusted for competition.In recent CNBC appearances and updates, Wood explicitly tied the revision to stablecoins “usurping part of the role we thought Bitcoin would play” in payments and as a dollar proxy in emerging markets.The $1.2 million target still assumes Bitcoin captures substantial shares of gold’s market cap, strategic reserve allocation, and institutional adoption. The thesis was just…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Global banking behemoth JPMorgan Chase has disclosed its increased exposure to the world’s largest cryptocurrency through BlackRock’s spot Bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT). JPMorgan Held 5.2 Million IBIT At End Q3 In the latest 13-F filing with the United States Securities and Exchange Commission (SEC), JPMorgan disclosed its holding of 5,284,190 IBIT shares, BlackRock’s spot Bitcoin ETF, as of September 30. This third-quarter figure represents a sharp 64% increase in the firm’s exposure to spot Bitcoin exchange-traded funds. JPMorgan’s IBIT holdings, which were worth…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As Ripple expands its offerings and operations to broader markets, the crypto company’s President, Monica Long, has unveiled its next phases of growth that could set the stage for a new era for XRP. The suggested roadmap points toward expanded innovation, deeper institutional adoption, and a broader role for the XRP Ledger (XRPL) in the global financial sector. Ripple’s President Outlines Next Chapter For XRP At the Ripple Swell 2025 event, held on November 4-5, Long shared the company’s ambitious roadmap for XRP, giving the crypto community…
Ripple Labs closed a $500 million strategic funding round in 2025 at a $40 billion valuation, led by Fortress Investment Group and Citadel Securities with participation from Brevan Howard, Marshall Wace, Pantera Capital, and Galaxy Digital.This came on top of a $1 billion tender offer earlier in the year at the same valuation, providing early shareholders liquidity without the scrutiny of public markets.The investor roster reads like a who’s-who of institutional capital deployment. These aren’t crypto venture funds making speculative bets on protocols, but rather multi-strategy firms and market makers managing hundreds of billions of dollars in traditional assets.Their participation…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The price of Bitcoin began the new month on a rough note, continuing its tumultuous run from October. On the afternoon of Friday, November 7, the premier cryptocurrency briefly fell below the psychological $100,000 level for the second time in the past week. The struggles of the Bitcoin price in recent weeks have been attributed to a shift in the behavior of investors, especially a class known as the long-term holders (LTHs). A prominent crypto expert on X has come forward with more insights as to the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the volatile world of cryptocurrency trading, price discrepancies between exchanges can offer crucial insights into regional demand and market sentiment. Bitcoin is trading at a discount on Coinbase, a leading US-based crypto exchange, compared to its prices on global platforms. The exchange’s spot pricing has slipped into a discount relative to major offshore platforms. Market Sentiment Softens Ahead Of Key Economic Data A full-time crypto trader and investor, Daan Crypto Trades, has highlighted on X that it’s not unusual for Bitcoin to trade at a discount…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The price of Bitcoin is trading just below $103,000 after falling by 16% over the past month, and even the market’s most optimistic believers are tempering expectations. ARK Invest CEO Cathie Wood, known for her bold projections for Bitcoin, said during an interview on CNBC’s Squawk Box that she has revised her bullish Bitcoin price target downward by $300,000, citing the rapid rise of stablecoins as the main reason for the adjustment. Stablecoins Taking Over Part Of Bitcoin’s Role Wood explained that stablecoins are fulfilling a function…