Gold declined but still outperformed BTC last week

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Gold continued to fall but still outperformed BTC last week. Macro conditions softened following the Fed’s less dovish-than-expected tone, which saw most crypto segments fall (with AI the notable exception). Today we dive into recent ETF flow divergences, with SOL positive while BTC and ETH are seeing outflows, and the Solana DEX aggregator landscape shift as Titan and DFlow take share from Jupiter.

Indices

Over the past week, Gold extended its decline (-2.6%) to just above $4,000/oz but still outperformed BTC (-4.2%). Equities remained more resilient to macro weakness, with the S&P 500 up…

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LATEST: Michael Saylor’s Strategy Buys 397 More Bitcoin Worth $45.6 Million

Saylor’s Strategy has once again strengthened its position as the world’s largest corporate holder of bitcoin (BTC). The company announced on X that it has added 397 BTC to its reserves, spending approximately $45.6 million at an average price of $114,771 per bitcoin. The firm also reported a 26.1% year-to-date BTC yield for 2025, showcasing strong returns amid rising market optimism.

As of November 2, 2025, Strategy now holds an impressive 641,205 BTC, acquired for about $47.49 billion at an average cost of $74,057 per coin. This massive accumulation reaffirms the company’s long-term commitment to Bitcoin as a key treasury asset.

Led by CEO Michael Saylor, Strategy continues to lead the corporate crypto charge. The latest purchase highlights growing institutional confidence in digital assets as a store of value. Strategy’s bold accumulation strategy signals that its faith in Bitcoin’s future remains as strong as ever.

This Analyst Says Bitcoin Can Reach $200,000 By Year’s End

Fundstrat’s Tom Lee remains confident that Bitcoin could still finish 2025 with a massive rally — despite the turbulence that has rocked crypto markets since mid-October.

Speaking on CNBC, the Fundstrat Global Advisors head of research said he believes Bitcoin can reach between $150,000 and $200,000 by the end of the year, even after what he described as one of the largest liquidation events in crypto history.

“If I look at everything since October 10th — because that was the biggest liquidation in the history of crypto, bigger than FTX, a margin call tsunami — we’re only a couple weeks from that,” Lee said.

For context, on October 10, President Trump announced…

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This Bitcoin Price Cycle Data Reveals Next Major Bull Run

The bitcoin price is at a very interesting point in its current market cycle. With lots of different opinions and not much movement in price, it’s hard to know what’s coming next. But when we look at the important data, things get a lot clearer. These signals don’t just tell us what might happen in the immediate future, but can clarify what the coming weeks and months could bring.

The Short-Term Holder Realized Price and Bitcoin Price Support

We begin with the Short-Term Holder Realized Price, effectively the average cost basis for new market participants. This level has historically acted as a dynamic zone of support and resistance throughout each cycle. At present,…

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Bitcoin Price Dipped Below $109,000 As Strategy Buys 397 More Bitcoin

Strategy continues its aggressive Bitcoin accumulation strategy, announcing the purchase of 397 BTC for approximately $45.6 million at an average price of $114,771 per Bitcoin. The announcement comes as Bitcoin’s price has been volatile, briefly dipping below $108,000 before stabilising around $111,000.

According to a Form 8-K filing submitted to the SEC on November 3, 2025, Strategy’s total Bitcoin holdings have now reached 641,205 BTC, with an aggregate purchase price of $47.49 billion. The company’s average purchase price stands at $74,057 per Bitcoin, inclusive of fees and expenses.

The latest acquisition was funded through multiple At-The-Market (ATM) offering…

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LATEST: AMINA Bank Wins Austrian License, Expands Crypto Services Across Europe

Swiss digital asset bank AMINA has secured regulatory approval from Austria’s Financial Market Authority (FMA) to operate cryptocurrency services under the Markets in Crypto Assets (MiCA) framework. The license allows AMINA EU (AMINA [Austria] AG) to launch across Europe, offering crypto trading, custody, portfolio management, and staking services to professional investors, including family offices and financial institutions.

Formerly known as SEBA Bank, AMINA already holds a Swiss banking license from FINMA, alongside crypto licenses in Hong Kong and Abu Dhabi. CEO Franz Bergmueller highlighted that the bank provides everything from traditional banking to tokenization, noting strong growth in its gold token product.

Austria was selected as AMINA’s European base for its regulatory rigor and investor protection standards. The move comes as MiCA ushers in a unified crypto framework across the EU, signaling growing maturity in digital asset markets. Bergmueller praised Europe’s progress, saying he was “positively shocked” by its commitment to clear crypto regulation.

LATEST: Hong Kong Approves Crypto Exchanges To Tap Into Global Liquidity Pools For Expansion

Hong Kong’s financial watchdog has taken a major step toward strengthening its position as a global crypto hub. The Securities and Futures Commission (SFC) announced that licensed local crypto exchanges will now be allowed to connect with global trading platforms through shared order books, enabling access to worldwide liquidity and more competitive pricing.

According to the SFC, local platforms must secure prior written approval before integrating with overseas exchanges. The regulator also issued a separate circular exempting certain tokens and stablecoins, licensed by the Hong Kong Monetary Authority, from the current 12-month trading history rule required for professional investors.

SFC CEO Julia Leung emphasized the importance of balancing innovation with regulation, noting that overly strict rules could drive liquidity and talent elsewhere. The move reflects Hong Kong’s ongoing efforts to attract crypto businesses and stay competitive globally, particularly amid renewed global interest in digital assets.

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