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Crypto Reporter Shalini Nagarajan Crypto Reporter Shalini Nagarajan About Author Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector. Share Last updated:  November 6, 2025 Good morning, Asia. Here’s what’s moving before the bell.Markets opened Friday to a risk-off tone across Asia, with crypto prices and major regional equity benchmarks slipping as investors grew more cautious about the global economic outlook.Bitcoin fell alongside broader digital assets, extending this week’s losses after data pointed to weakening demand and slowing treasury inflows from large holders. Total crypto market cap dropped about 2%…

Chainlink (LINK) is attracting renewed attention from traders and analysts as large-scale withdrawals from exchanges suggest an ongoing accumulation phase. Over the past 30 days, more than 15 million LINK tokens have been moved off centralized exchanges, signaling growing confidence among long-term holders and potentially setting the stage for a bullish market reversal. Exchange Outflows Indicate Strong Accumulation According to data from CryptoQuant, Chainlink’s exchange reserves have dropped to multi-year lows. This decline has been consistent since early 2023 and aligns with previous periods of accumulation that preceded significant price recoveries. When traders withdraw their holdings from exchanges, it usually…

In brief Bitcoin’s recent drop is a mid-cycle reset, not a bear trend, according to analysts. The crypto’s first red October in six years could be setting the stage for a bullish comeback in November. A cooling trade war could serve as a tailwind, though macroeconomic concerns persist. Bitcoin is heading into November after its first negative October performance in six years, leaving investors wondering if the historic downturn signals a deeper bear trend or a healthy reset before the next leg up.Bitcoin is down 1.4% over 24 hours and trading around $107,000, contributing to a 2.2% drop in the…

Ethereum staking protocol StakeWise announced that it has successfully recovered a substantial portion of osETH and osGNO tokens stolen in the Balancer V2 hack.The attackers executed a sophisticated price manipulation attack on Balancer over several hours on Monday. The attack primarily targeted ETH-related liquidity tokens, with total confirmed losses estimated to exceed $120 million.Attack Targets Balancer V2 ‘Stable’ PoolsStakeWise said that the exploit affected instances and forked versions of the V2 contract active across all chains. The firm noted that the “stable” pools suffered the most severe impact.Sponsored SponsoredUsing an emergency multisig transaction, StakeWise recovered 5,041 osETH ($19 million) and…

Crypto services company Ripple has acquired the crypto custody and wallet company Palisade to expand its business and institutional-focused offerings.Ripple announced on Monday that Palisade’s wallet-as-a-service offering would be integrated into Ripple Custody, its crypto custody arm targeting banks, and stated that the acquisition aims to serve “fintechs, crypto-native firms, and corporates.”“Corporates are poised to drive the next massive wave of crypto adoption,” Ripple president Monica Long said in a statement.“Just as we’ve seen major banks go from observing to actively building in crypto, corporates are now entering the market, and they need trusted, licensed partners with out-of-the-box capabilities,” she…

Bitcoin’s sharp drop from $112,000 to below $106,000 on Monday triggered one of the largest liquidation waves in weeks, wiping out more than $1.27 billion in leveraged futures positions across crypto markets.Data from CoinGlass shows long traders accounted for nearly 90% of the total liquidations, with more than $1.14 billion in bullish bets erased as prices fell from weekend highs. Shorts made up just $128 million of the total.(CoinGlass) Liquidations occur when traders using borrowed funds are forced to close their positions because their margin falls below required levels. On crypto futures exchanges, this process is automatic, as when prices…

Spent Output Age Bands (SOAB) data confirmed that the recent panic selling came from “hot money,” not diamond hands. When the U.S. Federal Reserve cut interest rates on October 29, the price of Bitcoin (BTC) dropped sharply, prompting traders to send more than 10,000 BTC to Binance and raising questions about whether it was a “sell the news” event or the start of a new crypto winter. But a CryptoQuant analyst has now released new information that shows that most of the selling was done by one group: traders who had only held their Bitcoin for less than a…

Kingbull, a leading fat-tire e-bike brand, expands its U.S. presence with 13 new retail and service locations, offering test rides, maintenance, and personalized support to make high-performance e-bikes more accessible nationwide.Kingbull strengthens its U.S. footprint through expanded dealer partnerships and new experience centers, bringing test rides and service closer to riders nationwide.Image: https://www.globalnewslines.com/uploads/2025/10/2b5e1f58b8b671aaa556697ac226d26c.jpgKingbull [https://www.kingbullbike.com/?utm_source=press+release&utm_medium=kingnewswire%09%09%09%09%09%09%09%09%09&utm_campaign=pr], a fast-growing and trusted name in the fat-tire E-bike industry, today announced the opening of more than 13 retail and service locations across the United States. This strategic expansion reinforces Kingbull’s mission to make high-performance electric bikes accessible to everyone, while enhancing the rider experience through…

American fast-food chain Steak ‘n Shake has announced the formation of a new Bitcoin treasury, built with the Bitcoin made from its restaurants’ sales. “All payments received in Bitcoin will be placed in our [strategic Bitcoin reserve],” said Steak ‘n Shake in a post on X on Friday, which garnered strong support from the Bitcoin community.Source: FoldThe company added that for every Bitcoin meal it sells, 210 sats (around $0.23) will be donated to nonprofit OpenSats, which supports contributors to Bitcoin Core and open source Bitcoin development.How much Bitcoin could Steak ‘n Shake scoop up? Steak ‘n Shake has not disclosed how…

Ethereum-focused treasury company ETHZilla said it has sold roughly $40 million worth of ether to fund ongoing share repurchases, a maneuver aimed at closing what it calls a “significant discount to NAV.” In a press statement on Monday, the company disclosed that since Friday, October 24, it has bought back about 600,000 common shares for approximately $12 million under a broader authorization of up to $250 million, and that it intends to continue buying while the discount persists. ETHZilla Dumps ETH For BuyBacks The company framed the buybacks as balance-sheet arbitrage rather than a strategic retreat from its core Ethereum…