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November has a big reputation in bitcoin lore, but the typical November is modest and the blockbuster average is skewed by 2013’s moonshot.Crypto influencer Lark Davis called November bitcoin’s “strongest month” with an average gain near 42%. The CoinGlass Bitcoin Monthly Returns heat map shows that number is real for the mean across 2013–2025, but it is not the whole story: November’s median is 8.81%, and the mean is pulled up by 2013’s +449.35% outlier.That distinction — mean vs. median — matters. The median describes a typical November across cycles. The mean is sensitive to outsized moves, and 2013 towers…

Bitcoin could be in the middle of an unofficial initial coin offering (ICO) as OG coin holders rotate out and fresh blood scoops up the tokens, distributing the supply across a broader number of people, macro analyst and Wall Street old hand Jordi Visser says. In a Saturday episode of entrepreneur Anthony Pompliano’s podcast and a post on Substack, Visser said old coins that have been dormant for years are on the move, “Not all at once. Not in panic. But steadily,” and new investors are stepping in, “accumulating on dips.” “In the traditional world, this moment is called an IPO. It’s…

During the European session, Ethereum (ETH) is trading near $3,802, showing mild gains as traders weigh whether the next move will be a breakout or a pullback. With a market cap of $467.7 billion, ETH remains the second-largest cryptocurrency, but its price action has tightened notably inside a symmetrical triangle pattern that’s been forming since mid-October.This setup reflects growing indecision as volatility compresses between key resistance at $4,255 and support around $3,680–$3,750. Buyers continue to defend the lower boundary, while sellers maintain control near the top. For now, the market is at a standstill, and traders are watching closely to…

Ray, the distributed computing framework, has introduced a significant update with the release of label selectors, a feature aimed at enhancing scheduling flexibility for developers. This new capability allows for more precise placement of workloads on the appropriate nodes, according to a recent announcement by Anyscale. Enhancing Workload Placement The introduction of label selectors comes as part of a collaboration with the Google Kubernetes Engine team. Available in Ray version 2.49, the new feature is integrated across the Ray Dashboard, KubeRay, and Anyscale’s AI compute platform. It allows developers to assign specific labels to nodes in a Ray cluster, such…

According to CoinDesk Research’s technical analysis data model, ether ETH$3,855.04 advanced on heavier-than-usual trading, then slipped late after an upper-band rejection, leaving a tighter range and a clear set of checkpoints above and below.Analyst commentCrypto analyst Michaël van de Poppe said on X that Ethereum is the best ecosystem to invest in and that ether is near a push to a new all-time high above $5,000.In plain English: he’s arguing that developer activity, products and network effects make the ethereum ecosystem attractive, and that price action is getting close to the kind of strength seen before record highs.How that fits…

About three months after a pseudonymous crypto trader reported that the MEXC exchange had frozen about $3 million worth of their holdings, a representative publicly apologized and released the funds.In a Friday X post, MEXC Chief Strategy Officer Cecilia Hsueh said the exchange “f***-ed up” in handling a situation with a crypto user called the White Whale. In July, MEXC froze $3.1 million of the user’s funds, allegedly due to the exchange’s “risk control rules.”“We apologize to [the White Whale], and his money is already released,” said Hsueh. “He can claim it at any time. I messed up in communicating…

Cardano (ADA) is garnering attention from crypto analysts who are forecasting a potential breakout above a symmetrical triangle pattern. This move could end a prolonged accumulation phase, potentially driving ADA’s price to the $1 psychological level in November, according to CryptoNews. Currently trading at $0.6293, ADA has seen a 3% daily decline, extending its monthly losses to over 20%. Despite the dip, trading volumes remain robust, exceeding $1 billion daily, indicating strong market interest. Cardano maintains its position as the 10th-largest cryptocurrency, boasting a market capitalization of $22.5 billion. Cardano’s Strategic Advancements and Market Position Cardano’s fundamentals continue to strengthen,…

Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.Bitcoin is trading around $109K as Hong Kong begins its business day, as traders continue to digest comments from Fed Chair Jerome Powell that another rate cut isn’t a certain thing, chilling demand for BTC ETFs and other risk assets.Polymarket traders now assign a 71% chance of a 25-basis-point rate cut at the Fed’s December meeting, down sharply…

Alibaba’s advanced Qwen3-MAX AI predicts that anyone holding Solana, XRP, and Cardano will be their own Santa Claus when Christmas rolls around.Crypto’s traditional “Uptober” rally faded quickly after President Donald Trump introduced sweeping 100% tariffs on goods imported from China barely a week in. Yet optimism has returned following the recent U.S. launch of Solana, Litecoin, and Hedera ETFs, along with growing speculation that the Fed’s announcement of another 25 basis point interest rate cut yesterday. These developments indicate strong altcoin performance will characterise the next bull run . Qwen3-MAX forecasts SOL, XRP and Cardano will lead.Solana (SOL): Qwen3-MAX Predicts…

Bitcoin (BTC) miners have raised $11 billion in convertible debt — corporate debt that is convertible to stocks — over the last year, amid a pivot into artificial intelligence data centers.Miners completed 18 convertible bond deals following the April 2024 Bitcoin halving that slashed the block reward by 50%, according to TheMinerMag.The average convertible bond issue more than doubled, with mining companies MARA, Cipher Mining, IREN and TeraWulf each raising $1 billion through single bond issues. Some offerings have featured coupons as low as 0%, signaling investors’ willingness to waive interest payments in exchange for potential equity upside. Convertible bond…