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Bitcoin liquidity conditions set the stage for a struggle to maintain BTC price support and the continuation of the bull market in the coming week.
Ether has surged following the Pectra hard fork, with analysts suggesting a growing number of long positions could signal a turnaround for the asset.
Bitcoin bulls predict a rally to $90,000 if Treasury yields continue to fall alongside the Trump administration’s adjustments to its current tariff policy.
Bitcoin may encounter resistance around $84,000, but if it surpasses this level, the next significant obstacle is at $96,000, as reported by CryptoQuant.
The price of Bitcoin could surge if the high-stakes trade war tactics employed by the US result in significant negotiations.
Bitcoin midterm holders — even those with a cost basis at around $3,600 — are still refusing to sell despite major profits and BTC price volatility
Bitcoin has underperformed this quarter as gold takes the lead, and US trade tariffs keep the potential for BTC price increases firmly out of reach, leaving crypto traders preparing for the consequences.
- 11:11Current mainstream CEX and DEX funding rates indicate a comprehensive bearish sentiment towards altcoins in the market.On October 31, according to data from Coinglass, the current funding rates on major CEX and DEX platforms show that after the recent downturn in the crypto market, bearish sentiment towards altcoins among market participants has intensified, while the bitcoin funding rate has returned to a neutral range. The specific funding rates are shown in the chart below. BlockBeats note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, typically applied to perpetual contracts. It is a capital exchange mechanism between long and short traders; the trading platform does not charge this fee. It is used to adjust the cost or profit of holding contracts, so that contract prices remain close to the underlying asset prices. When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it means the market is generally bullish. When the funding rate is less than 0.005%, it means the market is generally bearish.
- 11:11Canaan announces signing a 4.5 MW contract in Japan to deploy its Avalon liquid-cooled bitcoin minersJinse Finance reported that Canaan Inc. has announced the signing of a 4.5 MW contract in Japan to deploy its Avalon liquid-cooled bitcoin miners for real-time grid load balancing and energy optimization. The project is led by a major local utility company, and the related facilities will utilize Canaan Inc.'s intelligent control chips to dynamically adjust voltage, frequency, and computing power, supporting stable grid operation. By the end of 2025, the project is also expected to achieve improvements in energy utilization efficiency.
- 11:06The surge in stablecoins prompts a review of global banking crypto asset regulationsChainCatcher news, according to Bloomberg, global regulators are discussing new rules for banks holding crypto assets, which were originally scheduled to take effect next year. Due to the rapid development of stablecoins, there has been a backlash led by the United States, prompting regulators to consider a comprehensive revision of the original measures. The standard was proposed by the Basel Committee on Banking Supervision at the end of 2022. Financial executives have stated that banks generally interpret this standard as a signal to avoid crypto assets, as the rules impose heavy capital requirements on holding such assets. According to sources, major jurisdictions including the United States, the United Kingdom, and the European Union have not yet committed to implementing the rules as originally planned, and instead prefer to reassess the relevant standards before broad global implementation to ensure the feasibility and coordination of regulatory measures.