A bullish breakout lifts Bitcoin toward $110,000, but a stablecoin build-up and looming CME gaps signal caution. Key takeaways: The Bitcoin double bottom pattern may boost bullish momentum toward $110,000. The CME gap near $104,000 could trigger a short-term retracement. Read more
A Bitcoin rally through $112,000 could be brewing. Cointelegraph explains why the pending release of US economic data and the end of the government shutdown are good for BTC. Key takeaways: A US government shutdown resolution might spark a short squeeze, yet traders remain skeptical that it alone can sustain Bitcoin’s move beyond $112,000. Investor caution grows as AI valuations and weak consumer earnings weigh on risk appetite, limiting conviction in Bitcoin’s rally potential. Read more
Coinbase’s regulated platform reopens access to token offerings for retail investors after a hiatus of years since the peak of the ICO market. Coinbase is launching a new platform for primary token offerings, giving retail investors in the United States access to regulated cryptocurrency initial sales for the first time since 2018. The exchange plans to host about one token sale per month on its new platform, starting with blockchain protocol Monad, which will launch its native token for sale Nov. 17–22. Token sales will run for one week, during which time users can submit purchase requests. After the window closes, an allocation algorithm will favor smaller buyers first, gradually filling larger orders to ensure broad participation. Read more
Funding now targets infrastructure, stablecoins and payments as big bets fade and Bitcoin projects bootstrap. The crypto venture capital landscape remains subdued in the fourth quarter, with fewer high-profile funding rounds closing compared to earlier in the year. Kaden Stadelmann, chief technology officer at Komodo Platform, told Cointelegraph that the “crypto sector is facing pressure from numerous angles,” noting that AI has siphoned considerable demand from crypto, and that “VC investment in AI far outpaces VC investment into crypto.” Stadelmann also cited macroeconomic uncertainty as a reason venture capital firms are taking a more cautious approach. Read more