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With ETF outflows rising and on-chain activity surging, Ethereum stands at a key turning point. As November begins, traders are split on whether the world’s second-largest crypto is primed for another drop—or an overdue rebound.
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XRP price has struggled this October, falling over 12% as selling pressure increased. Long- and short-term holders continue to cash out, but whales are quietly adding millions of tokens. On-chain data shows accumulation near the $2.59 level, which could define XRP’s November path — whether it repeats last year’s strong rally or faces another correction.
Charles Hoskinson, Cardano’s founder, has renewed his offer to enhance Dogecoin’s technical framework. He aims to position the memecoin as the official currency for Elon Musk’s social media platform, X. The proposal, first suggested in March 2025, has resurfaced amid growing community interest. Hoskinson Eyes Dogecoin Transformation Cardano founder Charles Hoskinson has reiterated his commitment
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- 21:52Altcoins surge across the board, FIL up over 100% in 24 hoursJinse Finance reported that the market shows a general increase in altcoins, among which: FIL briefly surged to a high of $3.973 and is now quoted at $3.39, with a 24-hour increase of 101.2%; STRK is now quoted at $0.1497, with a 24-hour increase of 44.1%; NEAR is now quoted at $2.85, with a 24-hour increase of 40.0%; AR is now quoted at $7.28, with a 24-hour increase of 34.0%; ZEC is now quoted at $711.67, with a 24-hour increase of 32.2%; MINA is now quoted at $0.2082, with a 24-hour increase of 24.5%; DOT is now quoted at $3.26, with a 24-hour increase of 23.5%. The market is experiencing significant volatility, please manage your risks accordingly.
- 21:49JPMorgan: IREN's Shift to AI Infrastructure Brings Long-term Benefits, but May Increase Short-term Financial PressureJinse Finance reported that JPMorgan analysts stated that the $9.7 billion contract signed between IREN and Microsoft marks an important step for the company in transitioning from bitcoin mining to artificial intelligence infrastructure, and predicted that its rapid expansion may put pressure on its balance sheet in the coming year. In a client report released Thursday, the bank raised IREN's target share price for December 2026 from $24 to $28, citing the strong momentum of IREN's AI cloud business and the validation of new hyperscale partnerships. However, the analysts also pointed out that as IREN expands its GPU clusters and data center scale, the company faces significant capital requirements and potential equity dilution risks.
- 21:31U.S. stocks end previous three-week winning streakJinse Finance reported that the three major U.S. stock indexes closed mixed, ending a previous three-week winning streak. The Nasdaq fell 0.21%, down 3.04% for the week; the S&P 500 rose 0.13%, down 1.63% for the week; the Dow Jones rose 0.16%, down 1.21% for the week. Major technology stocks were mixed: Tesla fell more than 3%, Google dropped over 2%, Apple and Microsoft saw slight declines; Intel rose over 2%, while Nvidia, Netflix, Amazon, and Meta saw modest gains. Notably, Microsoft fell for eight consecutive days, marking its longest losing streak since November 2011.