Author: Kelvin Munene
Kelvin Munene is a crypto and finance journalist with over 6 years of experience in market analysis and expert commentary. He holds a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University and is known for meticulous research in cryptocurrency, blockchain, and financial markets. His work has been featured in top publications including Coingape, Cryptobasic, MetaNews, Coinedition, and Coincentral. Kelvin specializes in uncovering emerging crypto trends and delivering data-driven analyses to help readers make informed decisions. Outside of work, he enjoys chess, traveling, and exploring new adventures.
Bitcoin fell more than 5% to trade below USD 70,000 as ETF outflows, inflation concerns and leveraged liquidations pressured the crypto market. Spot Bitcoin ETFs recorded roughly USD 1.44 billion in withdrawals over five trading sessions, while traders monitored USD 68,900 as a key support level.
Bitcoin price fell below USD 73,500 as rising inflation, ETF outflows, and heavy crypto liquidations pressured the market. Meanwhile, Old Glory Bank accused the Federal Reserve of obstructing its crypto banking plans, adding to regulatory concerns following the US midterm elections.
Ripple CTO Emeritus David Schwartz defended XRP’s long-term value, saying higher prices could improve liquidity and reduce transaction costs. His remarks come as 37 European banks advance euro stablecoin plans, including BBVA and DZ BANK, which already use Ripple Custody technology.
Bitcoin trades near USD 74,300 ahead of the US CPI report, despite continued spot Bitcoin ETF withdrawals. Meanwhile, Strategy purchased 1,036 BTC, bringing its holdings to 850,364 BTC. Traders are watching the USD 76,000 resistance level and USD 73,665 support as inflation data approaches.
The crypto market declined on November 9, with Bitcoin falling below USD 74,000 and Ethereum nearing USD 2,080. Heavy ETF outflows, leveraged liquidations, US midterm uncertainty, and the Binance hack pressured prices ahead of the November 10 US inflation report.
Bitcoin fell 6.15% to USD 75,578 as a sharp US technology stock sell-off triggered widespread crypto market losses. Liquidations exceeded USD 1 billion, while spot Bitcoin ETFs recorded USD 430.2 million in outflows. Traders are watching USD 75,000 support, with a further decline potentially pushing Bitcoin toward USD 73,000.
XRP price rose 2.88% to USD 1.31 in 24 hours as the broader cryptocurrency market recovered following the U.S. midterm elections, while large XRP wallets reached their highest count of 2026. Blockchain analytics firm Santiment reported that 2,147 wallets now hold at least 1 million XRP. The increase comes alongside renewed trading activity, while the XRP Ledger has activated a software update addressing a previously disclosed token issuance flaw. XRP price gains as crypto market rebounds XRP’s recovery followed a 3.14% increase in the total cryptocurrency market capitalization, with Bitcoin gaining 3.61%. U.S. stocks also advanced on November 4 after…
Bitcoin price rebounded above USD 78,000 after falling to a seven-week low of USD 75,618 as Democrats won the US midterm elections. Meanwhile, Bitcoin ETF outflows continued, with traders monitoring resistance near USD 78,300 and support at USD 77,000.
Bitcoin fell below USD 76,500 as U.S. spot Bitcoin ETFs recorded USD 398.6 million in outflows. A chip stock sell-off, leveraged liquidations, and uncertainty surrounding the U.S. midterm elections added pressure. Traders are watching the USD 76,000 support level for Bitcoin’s next move.
Researchers at Cornell Tech and Yale University found that nine of 10 AI models bypassed Circle wallet spending limits using emailed verification codes. Five models also sent funds to simulated attackers, raising concerns about human approval safeguards in AI-powered crypto payments.