Worldcoin showed a high domestic trading ratio of 23.2 times the global average, and Stacks (STX) had the largest gap between domestic and international trading ratios. Injective (INJ) recorded the highest trading surge multiple recently. SHIB had the highest Kimchi premium.
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Bitcoin Plunges to $76,000, Ethereum, XRP, Dogecoin Drop 5% On $500M in Liquidations
Bitcoin and other major cryptocurrencies like Ethereum, XRP, and Dogecoin experienced a significant drop, leading to over $800 million in liquidations. Experts warn of potential further sell-offs due to market conditions and geopolitical factors.
In the domestic cryptocurrency market, XRP's trading volume is 9.1 times higher globally, indicating significant interest. While STX and WLD also show a strong concentration in the domestic market, their trading volumes do not match XRP's. Conversely, HYPE and BNB appear to be more actively traded overseas.
Bitcoin Reclaims $80,000 as Ethereum, XRP, Dogecoin Rally 4%
Bitcoin surged past $80,000, up 4%, with Ethereum, XRP, and Dogecoin also seeing gains. Despite outflows from ETFs and a Binance hack, strong dip-buying demand and long-term appeal of Bitcoin are noted.
Shiba Inu is showing weakness, trading below $0.000005 even after Binance resumed withdrawals. It remains below several moving averages, and the MACD indicator is also below the zero line, suggesting a potential slowdown in trading demand. Its trading volume is significantly lower compared to Dogecoin and Pepe.
The Shiba Inu price comparison graphic of $0.000012 is 2.6 times higher than the closing price on November 3rd. When discussing the possibility of reaching $1, it is necessary to confirm the base price in the graphic. The official Shiba Inu account responded positively to a post about the $1 possibility, but this is not an official target price.
There are conflicting reports regarding Shiba Inu (SHIB) exchange flows, with one report stating a net inflow of 153 billion SHIB, while other metrics from sources like Glassnode indicate a net outflow. These discrepancies are likely due to differences in the aggregation period, the exchanges included in the analysis, and the methodologies used for calculating the metrics, making direct comparison difficult.
A fan's post suggesting that reaching $1 for Shiba Inu Coin (SHIB) is mathematically difficult but not impossible was praised by the official team. However, the price displayed in the post deviates from reality; for SHIB to reach $1, it would need to rise about 200,000 times from its current price, and its market capitalization would far exceed that of Bitcoin. While the development team is also showing moves to create demand, the $1 debate continues.
Shiba Inu's team reignited the $1 SHIB debate by praising a fan post, but the graphic used inflated current prices. Reaching $1 would require a 200,000x rally, vastly exceeding Bitcoin's market cap.
The Shiba Inu team praised a fan's claim about reaching $1, but the figures presented were exaggerated. To reach $1 from its current price, it would need to increase by approximately 200,000 times, surpassing Bitcoin's market capitalization. The team has recently adopted a cautious stance and is attempting to expand its own network.
Bitcoin, Ethereum, XRP, Dogecoin Steady Ahead of Midterm Results
Bitcoin hovers around $77,000 amid anticipation of U.S. midterm election results. Despite recent liquidations and ETF outflows, analysts suggest Bitcoin may have bottomed and an uptrend could resume, with key liquidity levels identified.
Binance reports deposits exceeding withdrawals, stabilizing flows after a hack. They've replenished 95% of stolen assets and expanded withdrawal access across multiple networks.
Binance has resumed withdrawals for multiple cryptocurrencies on the Ethereum and Solana networks. This is expected to restore user asset mobility and facilitate trading activities.
Binance has resumed withdrawal services for some cryptocurrencies. This includes 34 tokens based on the Ethereum network, such as BTC, LINK, SHIB, ONDO, and WLD, as well as 24 tokens based on the Solana network, including TRUMP, BONK, and JUP. The company plans to gradually restore services as security checks are completed.
Binance has resumed withdrawals for numerous crypto assets across Ethereum and Solana networks, including BTC, LINK, SHIB, WLD, TRUMP, BONK, and JUP, following security checks. Services will gradually be restored for more assets.
Binance has resumed withdrawal services for some networks and virtual assets that have completed security checks. Withdrawals of multiple altcoins based on the Ethereum and Solana networks have become possible, and they plan to restore them sequentially.
Binance is gradually reopening withdrawals for a new batch of assets, starting Nov. 3, focusing on BSC, Ethereum, and Solana networks. Deposits remain unaffected, and Binance will cover losses from stolen funds.
SHIB's largest holder moved 1.07 trillion tokens ($4.94M) today, retaining 91.6T SHIB ($418M). This whale, who bought 103T SHIB in 2020 for 37.8 ETH, has sold 11.73T tokens for $74.74M.
Bitcoin Falls Below $77,000, Ethereum, XRP, Dogecoin Flat Ahead of Midterms
Bitcoin hovers around $77,000 amid substantial spot Bitcoin ETF outflows and anticipation of the US midterm elections. Macroeconomic pressures and potential Fed actions add to market uncertainty.
Some altcoins like ONDO and STX show a domestic trading volume more than 20 times higher than overseas, highlighting a strong domestic concentration. XRP ranked first in interest index, while ENA and WLD maintained high domestic trading ratios despite a downward trend. DOGE exhibited the highest Kimchi premium.












