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BTC/USD traded near 78,900.00 early Wednesday after briefly breaking above 81,000.00 for the first time since May. The price later slipped below 78,000.00 following the release of US inflation data. Bitcoin is still up approximately 24–25% since the beginning of August, with the monthly range extending from 62,232.00 to 81,142.00.
Already tomorrow, November 12, 2025, XRP could get its first fully fledged spot ETF. According to Bloomberg ETF expert Eric Balchunas, the asset manager Canary Funds is only waiting for the official listing certification. Once Nasdaq confirms the listing, the fund will go live at 5:30 p.m. ET.
The XRP/USD pair shows mixed trading dynamics. After reports that Democrats and Republicans reached an agreement to fund the U.S. government through the end of January 2026 — effectively ending the longest shutdown in U.S. history — the price tested the 2.5391 level (Murray [3/8]) but failed to break lower, rebounding back to initial positions.
JPMorgan Chase & Co. has started rolling out its blockchain-based deposit token, JPM Coin, for institutional clients. The move marks a major milestone in expanding traditional banking into the world of digital assets. The token represents U.S. dollar deposits held at the world’s largest bank and enables instant money transfers through Coinbase’s Base JPMorgan.
Crypto exchange Coinbase has introduced a new savings product for UK users, developed together with Clearbank. Starting November 11, the service began rolling out to selected customers and lets eligible users earn a variable 3.75% AER on GBP balances. Funds can be deposited and withdrawn instantly, with no minimum balance and no lock-up period, making the account fully flexible.
Banks JPMorgan and DBS (Singapore) have begun jointly developing a framework that will allow clients to move tokenized deposits across multiple blockchain networks. The partnership brings together JPMorgan’s Kinexys digital payment platform and DBS’s Token Services to create infrastructure for direct cross-chain settlements without intermediaries.
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The ETH/USD pair continues to form a medium-term downtrend while correcting within a broader long-term bullish structure. Last week, the price attempted to exit the descending channel by breaking below its lower boundary and tested the 3125.00 level (Murray level [2/8], 50.0% Fibonacci correction), but failed to consolidate below it.
Bitcoin managed to stabilize over the weekend, holding above the 50 EMA on the 4-hour chart. This improved the short-term market structure and opened the door for further gains throughout the week. Since no major U.S. macroeconomic data releases are expected today, no additional pressure from the macro side is anticipated — easing sentiment for Bitcoin and, consequently, the altcoin market.
Last week, the BTC/USD pair tested the 100,000.00 mark (Murray level [0/8]) amid signals that the US Federal Reserve may keep its current rate unchanged at the December meeting. The pair then regained part of its losses, returning to the 106,250.00 area (Murray level [2/8]).
Five spot XRP ETFs have been listed on the Depository Trust and Clearing Corporation (DTCC) platform under the category “active and pre-launch,” indicating that they are active and preparing for market debut.
Bitcoin climbed above $106,000 as the end of the U.S. government shutdown and Donald Trump’s proposal for a “Tariff Dividend” payout program became the main drivers behind the crypto market’s rally.
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For crypto, the framework is similar to traditional financial markets but comes with its own twist. Here, price action turns on liquidity, adoption, regulation, and flows from institutions alongside retail sentiment. Network health—hash rate, staking, active wallets—adds another layer. Macro still matters too: rates, dollar strength, and risk appetite shape inflows and outflows. Then, as with any market, you use the chart—trend, support and resistance, momentum, and volume—to spot setups and manage risk.