Bitcoin reached a record in computing power, but rising block difficulty continues to hurt miners’ profits. Summary Bitcoin mining hashrate reached a record 1.13 Zh/s in October. Geographically, this expansion was driven by Kazakhstan and the Middle East Still, mining profitability fell 7% due to increasing block difficulty Bitcoin miners found themselves under pressure from all sides in October. The sector posted a record 1.13 Zh/s hashrate in October, which indicates increased participation in Bitcoin mining.

Sygnum Bank’s fourth quarter outlook sees crypto markets under macro pressure, but Ethereum may be positioning for a major rally. Summary The crypto bull market is on thin ice, says the latest Sygnum report Macro pressure crushed the altcoin rally that traders expected While most are looking at Bitcoin, Ethereum may be preparing for a major move While altcoins face near-term headwinds, there’s still time for a reversal.

AMINA Bank has planted its flag in the European Union, with its Austrian subsidiary receiving a full MiCA license. The move provides the bank with a regulated gateway to serve professional investors across more than thirty markets. Summary AMINA Bank’s Austrian arm has received full MiCA authorization. The license enables trading, custody, and portfolio management for professional investors under the EU’s new crypto framework.

BitMine’s stock price retreated for seven consecutive days as the crypto market remained under pressure, with Bitcoin and top altcoins continuing to fall. Summary BitMine share price has formed a bearish pennant pattern.  The company continued accumulating Etherem and now holds 3.39 million coins. Its total holdings are worth over $14.2 billion today.  BitMine Immersion (BNMR) stock dropped to $42.76, its lowest level since September 8, and 73% below its highest level this year.

The Pi Network price has crashed by over 90% from its all-time high, and each rebound has met substantial resistance. Summary Pi Network price has plunged by over 90% from it all-time high. The coin has formed the highly bullish falling wedge pattern.  Its developers have made some important announcements that may boost its performance. Pi Coin (PI) token peaked at $2.98 in February after its mainnet launch and then tumbled to a record low of $0.1465 in October.

Bitcoin bled nearly a billion dollars alone last week, single-handedly driving a sector-wide flight of $360 million as Jerome Powell’s “not a foregone conclusion” remark cooled December rate-cut hopes. Summary Bitcoin investment funds saw $946 million in outflows last week, driving a total $360 million crypto retreat after Powell’s rate-cut caution. U.S.-listed Bitcoin ETFs led withdrawals, while Solana attracted $421 million in inflows, signaling investor rotation.

The crypto market crashed today, Nov. 3, as a risk-off sentiment continued and as a senior Federal Reserve official warned about interest rates in the United States. Summary The crypto market could crash further amid concerns about the Federal Reserve. Austan Goolsbee and Jeff Schmid have warned about inflation and interest rate cuts. Bitcoin has also formed a death cross and a head-and-shoulders pattern.

The Ethereum Foundation has introduced a new grant structure for the Ecosystem Support Program to further innovation and adoption on the Ethereum blockchain. Summary Ethereum Foundation announces new grants program approach. Move follows the organization’s brief pause to all open applications in late August. The Ethereum community is looking forward to the activation of the Fusaka upgrade. The Ethereum ecosystem support program team announced the new initiative via a…

Aster token price drops sharply to $0.92 after bullish momentum fades. Buyers are defending support, but weak volume signals uncertainty about a sustainable recovery. Summary ASTER’s rally collapses back to $0.92 high-timeframe support. Weak volume threatens further downside and prolonged consolidation. A rebound to $1.30 depends on stronger bullish inflows and structural confirmation. Aster (ASTER) token price has suffered a steep decline after losing its short-term bullish momentum, falling back to the $0.92 high-timeframe support region.

Chainlink price crashed to the lowest level since Oct. 17, mirroring the performance of most cryptocurrencies. Summary Chainlink price has formed a bearish pennant pattern. LINK has also formed a death cross, pointing to more downside.  The coin may continue falling during the upcoming SmartCon Conference. Chainlink (LINK), the biggest oracle in the crypto industry, dropped to $16, down by 42% from its highest point this year, as traders focus on the upcoming SmartCon Conference.

Strategy added 397 Bitcoin, continuing its relentless accumulation strategy despite market volatility. The company said it sold $69.5 million in various stock classes to fund the $45.6 million purchase at an average price of $114,771 per BTC. Summary Strategy acquired 397 Bitcoin between Oct. 27 and Nov. 2, bringing its total holdings to 641,205 BTC. The $45.6 million purchase was funded through $69.5 million raised via stock sales across multiple share classes.

Bitcoin price remains range-bound between the $126,000 resistance and the $98,000 support, with weak momentum suggesting a deeper corrective move toward liquidity. Summary BTC consolidates between $126K resistance and $98K support. Mid-range weakness and low volume suggest bearish drift. $98K liquidity zone could trigger a rebound within the established range. Bitcoin (BTC) price continues to trade within a well-defined range as downside pressure builds.

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In every industry, specialization eventually outpaces generalization. As the complexity of systems increases, the tools that thrive are not the ones that attempt to do everything at once, but the ones designed to do one thing exceptionally well.

Ethereum price struggles to regain $4,000 resistance, raising the risk of a deeper capitulation move toward $3,437 as momentum turns bearish. Summary Ethereum rejected from $4,200 resistance, confirming short-term weakness. $3,437 support now the key target for potential liquidity sweep. Reclaiming $4,000 is essential to invalidate the bearish outlook. Ethereum (ETH) price is facing renewed downside pressure after repeated failures to reclaim the $4,000 to $4,200 resistance zone, signaling growing weakness in bullish momentum.

Lolli is using its new asset, Slice, to widen its BitcoinFi scope. The move connects a stream of passive earners to the broader Thesis ecosystem, including Mezo. Summary Lolli acquired Slice to expand its role in the BitcoinFi ecosystem. The integration connects shopping and browsing Bitcoin rewards under one platform, tied to Thesis*’ Mezo network. In a press release dated Nov.

Crypto and blockchain are no longer niche ideas, earning global recognition as TIME names them among its Best Inventions of 2025. Summary TIME Magazine listed “Crypto and Blockchain” among its 300 Best Inventions of 2025. The recognition highlights the sector’s shift from niche innovation to mainstream financial infrastructure. The industry is gaining global recognition, reflected in growing government involvement and rising institutional participation.

Can the Bitcoin price recover its momentum after October’s reversal, or will Q4 extend its weakest run since 2022? Summary Bitcoin price has tumbled nearly 15% after hitting $126,000 in early October, breaking its winning streak and setting a weak tone for Q4. Trade tensions between the U.S. and China, a stronger dollar, and slower Fed easing weighed on markets, pulling Bitcoin back near $108,000.

Veteran trader James Wynn has warned of an intense wave of fear across global markets, predicting that both stocks and cryptocurrencies could face severe losses this week. Summary James Wynn expects a volatile week, warning BTC could fall below $100K. $478M in crypto liquidations hit in 24 hours, mostly from long traders. Despite fear, November’s bullish history may cushion deeper losses.

Animoca Brands is planning a Nasdaq debut through a reverse merger with a fintech firm. Summary Animoca Brands plans to go public on Nasdaq through a reverse acquisition of Currenc Group. Shareholders of Animoca will own 95% of the merged entity. Deal expected to close in 2026, pending U.S. and Australian regulatory approval. The merger would form a diversified digital assets conglomerate spanning NFTs, DeFi, gaming, AI, and DeSci.

HIVE Digital Technologies has expanded its Bitcoin mining operations to 23 exahashes per second (EH/s) and is simultaneously advancing its global HPC and AI data center strategy, including new Tier III+ facilities in Canada and retrofits in Sweden. Summary HIVE’s Bitcoin mining capacity surged to 23 EH/s, marking 283% year-to-date growth. Acquisition of 32.5 acres in Grand Falls, New Brunswick, supports HIVE’s first Tier III+ HPC and AI data center in Atlantic Canada, capable of hosting over 25,000 next-generation GPUs.

XRP price risks a breakdown toward $1.80 as it tests critical support on the daily timeframe, risking invalidation of its bullish ascending triangle pattern. Summary XRP’s mini ascending triangle pattern risks invalidation if price closes below $2.40. Flattening moving averages and weakening momentum on the 4-hour chart indicate fading bullish strength. If the triangle breaks to the downside, XRP price could face a deeper breakdown toward $1.80.

Zerohash Europe has secured MiCA authorization from the Dutch AFM, allowing the company to offer regulated crypto-asset and stablecoin services across the EEA. Summary The MiCA license enables Zerohash to provide B2B2C embedded crypto and stablecoin infrastructure to banks, fintechs, and payment platforms under a harmonized EU regulatory framework. The milestone comes amid reports that Mastercard is in advanced talks to acquire Zerohash in a deal valued between $1.5 billion and $2 billion.

Polygon’s sharp sell-off may be nearing its end as exchange reserves plunge and network activity rises, hinting at a quiet build-up toward recovery. Summary Polygon price is still under pressure after a sustained selloff. Exchange reserves have been dropping as on-chain activity surges. Falling supply and rising demand point to bullish setup. At the time of writing, Polygon was trading at $0.1809, down 12% over the previous week and 7% over the last day.

BNB price has dropped 13% over the past 7 days and is nearing confirmation of a bearish crossover on the chart, which could drive further losses in the coming week. Summary BNB price is down 13% over the past 7 days. A bearish double-bottom has been confirmed on the BNB 1-day chart. According to data from crypto.news, BNB (BNB…

UAE residents can now mine Bitcoin without owning hardware, as telecom operator du launches its first-ever Bitcoin cloud mining platform, “Cloud Miner.” Summary Users can rent computational power via an online auction (Nov 3–9), receiving 250 TH/s for 24 months, with earnings automatically credited to their wallets. The launch at Burj Khalifa marks the first time a UAE telecom has entered Bitcoin mining, reflecting the country’s push for mainstream digital asset adoption.