ASTER shows bullish potential. It defends a key support zone, eyeing breakout targets at $1. 471, $1. 651, and $1. 819 if momentum builds. ASTER is currently showing bullish continuation potential. Indeed, ASTER is respecting its ascending channel. It is pulling back into a key support zone. This is also in line with a Fibonacci confluence. ASTER Defends Key Support, Bullish Momentum Expected If buyers can successfully defend this important area, the price could launch significantly. It could move towards $1. 471, $1. 651 and an extended target at $1. 819. The overall structure is still bullish. Traders are now simply waiting for the momentum to hit. The price of the Aster (ASTER) cryptocurrency is trading at 1. 12. This is done on the basis of dynamic market situations. According to CoinMarketCap data, the value is currently ranging between $1. 08-$1. 20. The daily trading volume is more than $530 million USD. Market capitalization is around $2. 81 billion USD. If momentum is maintained beyond the first resistance, more targets are forecast. These are in line with the previous structural highs. They also align with the boundaries of channels. Related Reading: Aster News: Coinbase Adds Aster as Next-Gen DEX Gains Momentum | Live Bitcoin News A target of $2. 90 is identified. This level is a possible target. This occurs after an established breakout. This has to be done above equilibrium resistance. Making the move successfully and on a sustained basis can lead to a test. This would be the next significant liquidity cluster. It could also retest all-time highs. One analysis makes reference to a possible move. This could reach the $3. 40 to $4. 40 range. This however is in a different context. Key Observations Signal Potential Explosive Expansion for ASTER There was a strong bounce from the Fibonacci level. VWAP support gave strength as well. This is a sign of strong demand. This is within the $1. 20 $1. 65 range. In addition, price action has formed an equilibrium. This is also known as a pennant structure. This is often preceded by an explosive expansion move. This happens when breakout confirmation is achieved. Volume and Confirmation are very important. Traders focus on a clean close above resistance on a daily basis. This has to be accompanied by volume confirmation. This validates the breakout. And it also helps avoid possible traps. However, traders are advised to follow closely on price action. They also have to manage risk effectively. Failure to support important support levels could invalidate the bullish structure entirely. For more detailed analysis, visit the latest ASTER trade ideas on TradingView. This helps to provide comprehensive insights. What is critical is the defence of the present support zone. In addition, it helps set the stage for ASTER’s next possible price path. The market is waiting for buying pressure. This will confirm the bullish outlook. Continued vigilance is important to traders to avoid losses in crypto.
https://bitcoinethereumnews.com/tech/aster-news-aster-eyes-breakout-targets-after-defending-fib-confluence-zone/
Tag: coinmarketcap
INJ Price Prediction: Technical Recovery to $6.33 Before December Correction to $5.17
INJ Price Prediction Summary • INJ short-term target with a stop-loss at $5. 19. This approach targets the $6. 33 level with a favorable 2: 1 risk-reward ratio. Aggressive Entry: Current levels around $5. 44 offer proximity to strong support, but require a tight stop-loss below $5. 19 to manage downside risk to the $5. 17 target. Position sizing should remain conservative given the mixed analyst sentiment and the proximity to 52-week lows. The technical setup suggests INJ could move decisively in either direction within the next two weeks. INJ Price Prediction Conclusion Our Injective forecast anticipates a near-term recovery to $6. 33 within one week, supported by oversold technical conditions and analyst optimism surrounding the Altria upgrade. However, the medium-term outlook remains cautious, with a potential decline to $5. 17 by December 21 if broader market conditions deteriorate. Confidence Level: Medium for the $6. 33 target, Medium-Low for the $5. 17 bearish scenario. Key indicators to monitor include the RSI breaking above 35 for bullish confirmation and MACD histogram turning positive. Failure to hold $5. 19 support would validate the bearish $5. 17 INJ price target. The timeline for this prediction spans the next 4-6 weeks, with the initial recovery phase expected within 7-10 days. The Altria upgrade remains the wildcard that could invalidate bearish scenarios and propel INJ toward the higher analyst targets of $7. 50-$9. 17.
https://bitcoinethereumnews.com/tech/inj-price-prediction-technical-recovery-to-6-33-before-december-correction-to-5-17/
South Korean Crypto Exchanges Face Earnings Pressure Amid Bitcoin Price Slump
**South Korean Crypto Exchanges Face Earnings Pressure as Trading Volumes Plummet Amid Market Slump**
Trading volumes on South Korea’s major crypto exchanges Upbit and Bithumb have fallen sharply, averaging just $1.88 billion daily in early November — the lowest level since January 2025. This decline comes after a strong third quarter where both exchanges reported massive gains, with Upbit’s operating profits soaring 180% to 235.3 billion won.
In 2025 alone, over 391 new tokens have been listed across top Korean exchanges, marking a 47% increase from the previous year. This surge in listings aims to bolster user engagement amid the current weak market environment.
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### What is Causing Earnings Pressure for South Korean Crypto Exchanges?
South Korean crypto exchanges are under significant earnings pressure primarily due to a sharp drop in trading volumes following a market downturn. After a booming third quarter fueled by rising digital asset prices, Bitcoin’s price plummeted below $95,000 — its lowest point in six months. Coupled with heightened global uncertainties, investor hesitation has dramatically reduced daily trading activity to levels unseen earlier in 2025.
This increased volatility heavily impacts revenue, as trading fees make up nearly all income for these platforms. With fewer trades occurring, exchanges like Upbit and Bithumb face shrinking fee-based earnings.
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### How Has the Recent Market Slump Affected Upbit and Bithumb’s Performance?
The market slump has severely affected Upbit and Bithumb. According to CoinGecko data, combined daily average trading volumes on both platforms dropped to around $1.88 billion from November 1 through mid-month. This is a significant decline from the $7.8 billion peak seen in January and even the $3-4 billion daily range observed in recent months.
Despite these recent challenges, Upbit’s operator Dunamu reported impressive third-quarter results: operating profits rose 180% year-over-year to 235.3 billion won (~$161.7 million), revenue surged 104% to 385.9 billion won, and net income quadrupled to 239 billion won. Similarly, Bithumb’s operating profits increased eightfold to 70.1 billion won, revenues grew 184% to 196 billion won, and net income jumped 34 times to 105.4 billion won.
These gains were originally driven by a rebound in digital asset prices, improved market sentiment following U.S. legislative advancements such as the Guiding and Establishing National Innovation for United States Stablecoins Act (GENIUS Act), Ethereum’s rally, and expectations of a Federal Reserve interest rate cut.
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### Challenges Weighing on Market Confidence
However, ongoing U.S.-China trade tensions, fading hopes for imminent interest rate cuts, and the aftermath of a $100 million Ethereum hacking incident have eroded investor confidence. This has pushed the market into an “extreme fear” state, as tracked by CoinMarketCap.
Bitcoin’s price has fallen approximately 25% from its October 6 peak of $126,210, severely drying up trading activity and raising concerns of an impending crypto winter. Industry officials emphasize that without diversified revenue streams, exchanges remain highly exposed to such market fluctuations.
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### Steps Toward Sustainability and Growth
To counteract subdued trading volumes, South Korean exchanges have accelerated token listings. According to APYWA, Korea’s top five exchanges — Korbit, Coinone, GOPAX, Upbit, and Bithumb — added approximately 391 new tokens between January 1 and mid-November 2025, a 47% increase compared to all of 2024. The pace of listings notably intensified in the second half of the year.
Despite these proactive efforts, sideways market trading has kept volumes muted. Industry experts stress that regulatory reforms are necessary to enable business diversification and reduce reliance on volatile trading fees. An industry official noted:
> “Without alternative revenue streams, exchanges will remain at the mercy of market volatility. While the phased approval of corporate participation in the crypto market is a positive signal, long-term sustainability requires regulatory reforms that allow for greater business diversification.”
Disclosures filed with South Korea’s Financial Supervisory Services confirm these trends, illustrating short-term challenges amid broader market headwinds.
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### Frequently Asked Questions
**What are the main revenue sources for South Korean crypto exchanges like Upbit and Bithumb?**
Trading fees dominate, accounting for approximately 98.2% of revenue at Dunamu (Upbit) and 98.3% at Bithumb. This reliance makes earnings highly sensitive to fluctuations in trading volumes.
**How might U.S. policy changes influence South Korean crypto exchange earnings?**
U.S. legislative developments, like the approval of the GENIUS Act, can improve global market sentiment, indirectly benefiting South Korean exchanges by boosting trading activity in assets such as stablecoins. However, ongoing U.S.-China trade tensions and shifting Federal Reserve interest rate expectations could counterbalance these positive effects, leading to continued earnings volatility.
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### Key Takeaways
– **Market Volatility’s Direct Impact:** Sharp declines in Bitcoin and Ethereum prices have halved trading volumes on major Korean exchanges, significantly reducing fee-based revenue streams.
– **Record Q3 Gains Now at Risk:** Upbit and Bithumb posted impressive profit increases in Q3 2025, but recent slumps to $1.88 billion in daily volumes threaten these gains without new strategic measures.
– **Diversification Urgently Needed:** Listing 391 new tokens in 2025 is a positive step toward engagement, but regulatory reforms enabling alternative revenue sources are critical to withstand crypto market downturns.
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### Conclusion
South Korean crypto exchanges are currently grappling with mounting earnings pressure due to declining trading volumes and heightened market volatility — a stark contrast to the record profits recorded in the third quarter by leaders like Upbit and Bithumb.
Global factors such as U.S.-China trade tensions and security breaches continue to weigh heavily on investor confidence. Given the sector’s heavy dependence on trading fees, diversification is imperative for sustained profitability.
Accelerated token listings and calls for regulatory reforms demonstrate how exchanges are adapting to current challenges. Looking ahead, investors should monitor Federal Reserve policy signals and legislative developments closely, as a rebound in digital asset prices could restore trading momentum and stabilize earnings.
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*Stay informed on crypto market trends and volatility — follow our updates for the latest insights.*
https://bitcoinethereumnews.com/bitcoin/south-korean-crypto-exchanges-face-earnings-pressure-amid-bitcoin-price-slump/
Yala Addresses Liquidity Crisis Amid Suspicious Activities
**Yala Blockchain Faces Liquidity Crisis and Suspicious Activity in YU Stablecoin**
The Yala blockchain platform announced on November 16 that it is addressing liquidity concerns and suspicious activities involving its YU stablecoin, with an investigation currently underway. This issue highlights vulnerabilities within DeFi protocols, raising growing concerns about security and liquidity in the crypto markets—especially following a substantial depegging of the YU stablecoin.
### Yala’s Liquidity Shock: Borrowing Patterns Under Scrutiny
Yala reported significant liquidity disruption after YAM Protocol issued warnings about suspicious borrowing behavior within the Yala market on Euler. Notably, all available USDC was borrowed despite high-interest rates and subsequent non-repayment. In response, the Euler team set the lending limit on Yala’s market to zero, effectively impeding withdrawals.
> “We have observed suspicious on-chain borrowing activity that led to 100% fund utilization in Yala’s USDC pool on Euler,” stated the Yala team.
### Market Data and Critical Challenges
Yala now faces critical challenges as a result of these events. For context, in May 2025, the stablecoin USDX faced a similar liquidity crisis due to problematic borrowing behaviors in its markets—drawing parallels to the current situation unfolding with Yala.
Recent data from CoinMarketCap shows that Yala’s stablecoin YU holds a market price of $0.96, marking a 4.28% decline over the past 24 hours. The market capitalization stands at $85,978,165, with a 24-hour trading volume surging by 115.90% to $909,202.74.
### Looking Ahead
These recent developments underscore the ongoing challenges DeFi projects face in maintaining liquidity and stability. Yala’s investigation remains active, as the platform works to restore trust and stabilize its markets.
https://bitcoinethereumnews.com/tech/yala-addresses-liquidity-crisis-amid-suspicious-activities/
BitMine Appoints Chi Tsang as CEO Amid Leadership Restructuring
BitMine, the world’s largest Ethereum treasury company, announced a significant leadership update on November 16, 2025. Chi Tsang has been appointed as the new CEO, joining three independent directors on the board, while Tom Lee continues to serve as chairman. This leadership reshuffle underscores BitMine’s ongoing commitment to strengthening its position within the Ethereum sector, all without triggering any immediate significant market impact.
### BitMine’s Leadership Shakeup and Strategic Goals
With Chi Tsang now at the helm as CEO, BitMine is poised to bolster its influence within the Ethereum ecosystem. The company is aggressively positioning itself to control a larger percentage of the Ethereum supply, signaling ambitious growth plans. Despite this major internal change, the announcement did not cause any notable market volatility.
Tom Lee commented on the new appointments, saying,
*“The new members of the board have been carefully selected to provide a unique blend of experience, insight, and leadership across technology, DeFi, and financial services.”*
This carefully curated leadership team is expected to drive innovation and strategic execution across BitMine’s operations.
### Market Conditions and BitMine’s Stability Post-Announcement
Historically, leadership changes in major crypto firms often lead to strategic overhauls, sometimes with market repercussions. However, BitMine’s recent revamp appears to have reinforced its stability within the Ethereum sector rather than disrupting it.
As of the announcement, data from CoinMarketCap shows Ethereum (ETH) trading at $3,207.39, with a market capitalization of $387.12 billion. Ethereum retains a market dominance of 11.87%, although trading volume saw a notable dip of 54.47% over the past 24 hours.
Recent market trends include:
– A modest 1.30% price increase over 24 hours
– A 5.74% decrease over the past seven days
– A significant 28.39% decline over the past sixty days
Research from Coincu suggests this strategic leadership reshuffle could serve as a springboard for potential technological advancements and financial objectives for BitMine. While immediate regulatory changes are unlikely, the new leadership structure aims to reinforce BitMine’s holdings and long-term strategic goals within the Ethereum ecosystem, supported by consistent and steady decision-making.
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This leadership update marks a pivotal moment for BitMine as it continues to assert its dominance and influence in the rapidly evolving Ethereum landscape.
https://bitcoinethereumnews.com/tech/bitmine-appoints-chi-tsang-as-ceo-amid-leadership-restructuring/
Tether Plans Major Expansion into Trade Finance Sector
**Tether Holdings SA Expands Into Trade Finance Sector Using USDT and USD Reserves**
Tether Holdings SA has deepened its involvement in the trade finance sector by leveraging its vast reserves to support commodity trades with both US dollars and its stablecoin, USDT. This strategic initiative signifies Tether’s shift towards integrating digital assets with traditional commodities, potentially transforming trade finance dynamics and influencing broader market engagement with stablecoins.
### Tether’s $200 Billion Reserves to Fund Trade Finance Expansion
Tether Holdings SA recently announced an ambitious initiative to integrate its stablecoin, USDT, with commodity trade finance. By utilizing its reserve assets to provide loans for commodities, Tether is signaling a transition from operating solely as a stablecoin platform to embracing wider financial services.
This move is expected to boost the adoption of USDT within traditional financial sectors, aiming to offer faster and more efficient alternatives compared to conventional trade finance mechanisms. The impact could propel USDT into new markets, providing alternative financing solutions for commodities such as oil and wheat.
Paolo Ardoino, Tether’s CEO, emphasized the company’s commitment to revolutionizing trade finance:
> “Tether Investments’ financing of this significant crude oil transaction underscores our commitment to reshaping the trade finance landscape. With USD₮, we’re bringing efficiency and speed to markets that have historically relied on slower, more costly payment structures. This transaction marks the beginning, as we look to support a broader range of commodities and industries, fostering greater inclusivity and innovation in global finance.”
### Market and Regulatory Outlook
As of now, there have been no public responses from major exchanges or government bodies regarding Tether’s new initiative, leaving the broader market implications somewhat uncertain and open for ongoing observation.
Coincu’s analysis suggests that Tether’s expansion into traditional financial sectors may invite increased regulatory scrutiny. Aligning digital assets with physical commodities could pose challenges related to international trade laws and financial regulations.
### Implications of Tether’s Move into the $10 Trillion Trade Finance Sector
Tether’s expansion into the massive $10 trillion trade finance industry exemplifies how digital assets can potentially transform conventional finance approaches.
USDT currently maintains a stable price of $1.00, with a market capitalization of approximately $183.88 billion and a daily trading volume near $174.26 billion, according to CoinMarketCap. As of November 15, 2025, USDT’s price experienced a slight dip of -0.08% over the last 24 hours.
With this move, Tether aims to harness the benefits of blockchain technology—such as transparency, speed, and reduced transaction costs—to modernize trade finance, encouraging wider adoption of stablecoins in real-world economic activities.
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*For more information, visit the [Tether Official Website](https://tether.to).*
https://bitcoinethereumnews.com/tech/tether-plans-major-expansion-into-trade-finance-sector/
Bitcoin Short-Term Holders Increase Holdings Despite Losses
**Bitcoin Short-Term Holders Increase Holdings by 24.7% Since August Amid Market Turmoil**
CryptoQuant analyst Axel Adler Jr has reported a significant 24.7% increase in Bitcoin short-term holders’ assets since August, bringing their total holdings to 5.4 million BTC. This growth highlights persistent market entry by new investors despite ongoing unrealized losses in their portfolios.
An increase of approximately 1 million BTC in holdings among Bitcoin short-term holders since August underscores sustained investor interest amid prevailing market volatility. According to Adler Jr, this rise reflects continuous inflows from new market participants who are willing to accumulate Bitcoin even as the market faces challenges.
Despite these notable gains, short-term holders continue to experience realized losses, illustrating the risk environment they navigate. Market dynamics remain cautious, influenced further by substantial outflows from Bitcoin ETFs. Notably, over a billion dollars exited Bitcoin ETFs in a single day, signaling heightened risk aversion among institutional investors.
> “The latest data shows that short-term holders have increased their holdings substantially since August, even as they remain at a realized loss. This suggests persistent inflows from new market participants, despite the risk environment and recent price downturn.”
> — Axel Adler Jr, Analyst, CryptoQuant
### Market Caution and Potential Opportunities
Experts note that during recent periods of market volatility, the short-term holder segment saw its largest influx since previous capitulation events. Historically, such phases often attract patient investors who accumulate strategically, anticipating future gains.
According to CoinMarketCap data, Bitcoin (BTC) is currently priced at $105,250.05, with a market capitalization of approximately $2.099 trillion. Bitcoin dominates 59.24% of the cryptocurrency market. Over the last 24 hours, trading volume reached $70.49 billion, reflecting a 3.30% change. Despite the recent volatility, Bitcoin’s price has declined by 11.85% over the past 90 days.
This combination of increased short-term holder activity and significant ETF outflows paints a complex picture of cautious optimism amid ongoing market uncertainty. Investors and analysts will continue watching these dynamics for clues about Bitcoin’s near-term trajectory.
https://bitcoinethereumnews.com/bitcoin/bitcoin-short-term-holders-increase-holdings-despite-losses/
Solana Rebounds as Major Institutions Add Exposure and ETFs Continue to See Inflows
**Altcoins: Institutional Appetite for Solana Surges as Major Financial Players Reveal ETF Holdings**
Institutional interest in Solana is gaining significant momentum, with financial heavyweights Rothschild Investment and PNC Financial Services disclosing their holdings in newly launched Solana exchange-traded funds (ETFs). These filings arrive amid continued inflows into Solana products, even as Bitcoin and Ethereum funds face substantial redemptions.
### Major Institutions Acquire Solana ETF Shares
In recent disclosures to the U.S. Securities and Exchange Commission, Rothschild Investment LLC, which manages approximately $1.5 billion in assets, reported owning 6,000 shares of the Volatility Shares Solana ETF (SOLZ), valued at around $132,000. Likewise, PNC Financial Services, overseeing close to $569 billion in assets, revealed possession of 1,453 SOLZ shares worth approximately $32,000.
These institutions join a growing list of traditional financial players—including Heck Capital Advisors, Belvedere Trading, and Tactive Advisors—that have steadily increased their exposure to Solana through ETF vehicles.
### Bitwise Solana ETF Maintains Strong Momentum
Adding to the bullish sentiment around Solana, Bitwise’s Solana ETF recorded inflows exceeding $126 million during its first full week of trading, marking eight consecutive days of net gains. This surge in interest contrasts sharply with Bitcoin and Ethereum ETFs, which collectively saw $2.6 billion in outflows during the same period, indicating a notable shift in institutional demand toward Solana.
Over the past two weeks, the Bitwise Solana Staking ETF (BSOL) and the Grayscale Solana ETF (GSOL) have together accumulated around $336 million in inflows. The BSOL fund alone accounts for $323.8 million, driven by investor enthusiasm for Solana’s staking yields and strong on-chain performance.
### SOL Price Rebounds from Key Support Levels
Reflecting this growing optimism, Solana’s price climbed nearly 5% in the last 24 hours, trading around $169 after bouncing off recent lows near $150. According to CoinMarketCap, this price recovery coincides with rising ETF inflows and a more than 50% increase in trading volume—both signs of renewed market confidence.
Technical indicators further underscore improving sentiment. The daily chart shows SOL rebounding from its mid-October slump, with momentum indicators beginning to turn upward. The MACD histogram is nearing a bullish crossover zone, while the Relative Strength Index (RSI) has moved back above 43.
Analysts point to the $150 price level as critical support, noting that sustained buying pressure could propel SOL toward the $180-$200 range. Meanwhile, data from Coinglass reveals a 3% increase in open interest to $7.8 billion. Futures positions on CME and Binance have jumped 5% and 4%, respectively—another indication of strengthening bullish positioning.
### Institutional Interest Could Redefine Solana’s Market Outlook
The combination of steady ETF inflows and growing institutional exposure highlights Solana’s transformation from a rapidly developing blockchain project into an established, investment-grade asset. With ETFs providing regulated entry points for traditional investors, Solana’s integration into mainstream finance appears poised for significant expansion.
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*The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.*
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**About the Author**
Alex is an experienced financial journalist and cryptocurrency enthusiast with over eight years covering the crypto, blockchain, and fintech industries. His in-depth articles offer clear insights into the latest developments and trends in digital assets. Alex’s approach breaks down complex concepts into accessible content, helping readers stay informed about important market topics. Follow his publications for the latest updates.
https://bitcoinethereumnews.com/finance/solana-rebounds-as-major-institutions-add-exposure-and-etfs-continue-to-see-inflows/
Standard Chartered CEO Predicts Blockchain Settlement for All Transactions
Standard Chartered CEO Bill Winters announced on November 3 that both the bank and Hong Kong SAR leadership foresee eventual blockchain settlement for all transactions and full currency digitization. Winters’ statement underscores a strong institutional and governmental commitment to blockchain technology, which could drive significant shifts in financial markets and impact cryptocurrencies like Bitcoin and Ethereum amid global digital currency trends.
This bold prediction highlights Standard Chartered’s strategic alignment with governmental agendas, positioning the bank for potential first-mover advantages as blockchain frameworks become widespread. However, no public fund allocations or new projects were explicitly announced alongside this statement.
Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, shared his outlook: “I would expect at least another $20 billion by year-end [in Bitcoin ETF inflows], a number which would make my $200,000 year-end forecast possible.”
**Blockchain Adoption’s Broader Financial Implications**
Did you know? Standard Chartered’s move echoes previous blockchain adoptions by global financial institutions, including pilot programs from BlackRock and JPMorgan. These developments reinforce the ongoing transition toward digital assets and signify a growing institutional embrace of blockchain technology.
According to CoinMarketCap, Bitcoin (BTC) is currently priced at $107,904.20, with a market capitalization of $2,152,011,730,482 and a dominance of 59.53%. It has experienced a 1.90% drop over the last 24 hours, contributing to a 5.56% decrease over the past 90 days. Meanwhile, trading volume surged by 71.14%, indicating an active and dynamic trading environment.
As blockchain integration gains momentum, the financial landscape is poised for transformation, with digital currencies and decentralized technologies playing increasingly central roles.
https://bitcoinethereumnews.com/blockchain/standard-chartered-ceo-predicts-blockchain-settlement-for-all-transactions/?utm_source=rss&utm_medium=rss&utm_campaign=standard-chartered-ceo-predicts-blockchain-settlement-for-all-transactions