Analysis Crypto by Thebittimes.Com

Ripple’s XRP token has found substantial footing at the $1 price level. Despite bearish forces being in control, XRP has refused to fall below the $1 mark, except for a brief moment on August 11. This is in stark contrast to the previous bear cycle when XRP was trading consistently below the $0.50 level. The strong support at the $1 price level is likely due to a large number of people purchasing the asset at around this price level after Ripple’s lawsuit with the SEC came to a close last year. While XRP is significantly higher than its previous bear cycle, let’s discuss why buying at $1 could be the perfect entry point. Buying XRP At $1 Is The Perfect Entry: Here’s Why Source: TradingView We may be at the bottom of the bear market right now. Bitcoin (BTC) is at its cost of production zone, which has historically been the bear market bottom. It is possible that BTC will slowly make an upward push from here on. BTC is the market leader and other assets tend to fol...

The cryptocurrency market continues its lackluster performance as we enter November 2025. Bitcoin (BTC) is struggling to gain momentum and is trading in the red zone across nearly all time frames. According to CoinGecko, the original crypto is down 2.5% in the last 24 hours, 6.6% in the last week, 2.5% in the 14-day charts, and 12.2% over the previous month. October, once considered a bullish month for crypto, has gone the other way around in 2025. Given the current market environment, it would appear there is no recovery in sight for Bitcoin (BTC) or the larger crypto market. Source: CoinGecko When Will Bitcoin Enter a Recovery Phase? Bitcoin bull market with green upward arrow – Source: Bitcoinmagazine The current market environment is quite surprising. The Federal Reserve lowered interest rates by an additional 25 basis points after its October meeting. Interest rate cuts often lead to Bitcoin (BTC) and other cryptocurrencies rallying as borrowing becomes easier and investors t...

Yesterday’s $11 million hack of bitcoin (BTC) bridge Garden was met with little sympathy from the crypto community, following allegations of its profiting from the proceeds of other hacks. Acknowledging the incident, the team insisted that the protocol itself wasn’t hacked. Instead, one of its “solvers” was compromised, with losses “limited to the solver’s own inventory.” However, on-chain evidence points to the solver being run by the Garden team and blockchain investigators have accused the team of attempting to “downplay the incident” in order to appear “decentralized.” we’ve detected a compromise involving one of garden’s solvers. the app is temporarily offline while we complete a full investigation. the impact is limited to the solver’s own inventory — user funds and garden protocol are not at risk. we’ll share updates as soon as we have… — Garden (@gardenfi) October 30, 2025 Read more: DeFi projects under fire for inflated TVL and murky ...

A total of 65.9 billion Shiba Inu tokens were burned on Thursday and removed from circulation, according to the latest data on Shibarium. This takes the total burn rate to 1.38 billion tokens since the layer-2 network was launched in August 2023. Despite sending close to 66 billion SHIB tokens to the dead wallet, the dog-themed token’s price has remained lifeless in the charts. It is still trading with five zeroes with little to no action, testing the patience of investors. Also Read: Shiba Inu Chances To Grow: 35% Rally Fueled By Token Burn Why Is Shiba Inu Not Rising Despite Billions of Tokens Being Burned? Source: Watcher Guru Shiba Inu is not surging in value because the billions of tokens sound big, but are meager when compared to the price value. To keep it in context, the 65.9 billion tokens that were sent to the dead wallet are worth only $65,000. In the cryptocurrency market, this amount is worth nothing and is like a small fish in the ocean. If millions of dollars worth ...

On-chain analysts have spent the past few days scrutinizing a web of decentralized finance (DeFi) yield farming projects which collectively claim $950 million worth of total value locked (TVL). Criticisms levelled at the projects include that they recursively lent funds between one another’s assets to inflate TVL, and the lack of transparency over the positions held. Some have also raised doubts over the ability to unwind positions safely in order to secure the backing of their yield-bearing stablecoins, especially in the event of a liquidity crunch like that of October 10, 2025. DeFi daisy chain Projects such as YieldFi and Stream Finance aim to generate yield by using deposits to run delta-neutral strategies, similar to $10 billion “synthetic dollar” protocol Ethena. They bill themselves as “asset management for the on-chain economy” and “the SuperApp DeFi Deserves,” respectively. DeFi commentator Togbe kicked off the discussion with an X post on Sunday, cast...

The Federal Reserve has cut interest rates in the US by 25bps, the 2nd month in a row the Fed has slashed rates. Amid the government shutdown that has limited the view of economic data the Fed could go off of, the central bank voted to lower borrowing costs by a quarter of a percentage point. BREAKING: Federal Reserve cuts interest rates by 25bps. — Watcher.Guru (@WatcherGuru) October 29, 2025 The new benchmark lending rate between 3.75% and 4% is the lowest in three years. “Uncertainty about the economic outlook remains elevated,” the Fed said in a statement. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment rose in recent months.” Further, Fed Chair Jerome Powell hinted that it’s difficult to forecast any more cuts this year amid the ongoing shutdown, as job data isn’t readily available. “A further reduction in the policy rate at the December meeting is not a foregone conclusion. Far from it,” Pow...