Key TakeawaysBitcoin price recovers some ground to trade above $95,000 after a steep weekend declineTech-sector correlation strengthens, with BTC–Nasdaq 100 30-day correlation near 0.80Market momentum indicators show mixed signals and low directional confidence BTC Price Stabilizes After Losing Year-to-Date GainsOn Sunday, BTC fell to a low of $93,029 down 25% from its all-time high in October. It had started this year at $93,507.Data now shows BTC trading around $95,660, indicating a modest return of bullish momentum compared with Sunday’s lows.Despite the U.S. government reopening after a prolonged shutdown, any macro-relief from this failed did not materialize in the digital asset markets. Bitcoin-Nasdaq Correlation StrengthensData also shows that Bitcoin’s 30-day correlation with the Nasdaq 100 has climbed to ~0.80, the highest since 2022 and the second highest in nearly a decade. The five-year correlation remains positive at 0.54, reinforcing the view that Bitcoin is increasingly acting like a leveraged tech asset rather than a traditional store-of-value.Source: NewhedgeIn contrast, BTC’s correlation with gold remains near zero, emphasizing a continued decoupling from traditional safe-haven instruments. Market Indicators Show Mixed MomentumTechnical data from the image reveals that oscillators and moving averages present a divergent setup, signaling low conviction in short-term direction.Moving Averages SnapshotAll major short-, mid-, and long-term EMA/SMA levels sit above Bitcoin’s current price.Source: TradingViewThis setup reflects ongoing downward pressure and a market still trading below key technical baselines. Whale Activity and Macro Factors Shape Market ToneAnalysts note that large-holder distribution has risen, but Glassnode classifies this as typical late-cycle profit-taking, not a mass exit. This aligns with broader crypto market behaviour, where ETH and SOL remain 7.95% and 28.3% down on the year.Macro influences persist as well. While the pro-crypto U.S. administration has energised institutional interest and ETF participation, ongoing concerns about tariff expansion and the extended government shutdown contributed to repeated double-digit retracements. BTC and Market Outlook: Cautiously OptimisticAnalysts remain divided on whether the classic four-year cycle remains intact. Bitwise CIO Matt Hougan argues that sound fundamentals, including growing ETF adoption, stablecoin expansion and tokenization trends, build a constructive long-term case for digital assets.In the near term, traders are watching:$93,000 as immediate support.• • Key moving averages, especially the EMA/SMA clusters above $98,000, as potential barriers amid recovering sentiment

In their latest research report, Bernstein analysts stated that Bitcoin's approximately 25% pullback from its early October high is more of a "short-term correction" than the top of this cycle. They pointed out that while some investors sold off in advance based on the historical four-year cycle pattern, the current market structure is significantly stronger than historical cycles. The analysts noted that in the past six months, long-term investors holding positions for more than a year sold approximately 340,000 BTC (about $38 billion), but this was almost entirely absorbed by a net inflow of approximately $34 billion from spot ETFs and corporate treasuries. The institutional holdings in Bitcoin ETFs have also increased from 20% at the end of 2024 to the current 28%, indicating a more stable holding structure. Regarding concerns that Strategy (formerly MicroStrategy) might sell Bitcoin due to the price decline, Bernstein analysts emphasized that the company's management has confirmed that it will not sell any BTC, and its $61 billion holdings and corresponding $8 billion in debt remain manageable. The research report argues that Bitcoin's current price action doesn't resemble a cyclical top, but rather a typical pullback within a multi-year trend involving institutional participation; if it can stabilize around $80,000, this pullback could present a potential entry opportunity. (The Block)

Your daily access to the back room. source: https://www.blockhead.co/2025/11/17/bitcoin-holds-95k-despite-panic-selling-by-short-term-holders/

Spain’s financial authority, the CNMV, has hit X with a €5 million fine for allowing unauthorized crypto promotions to run on its platform. The ads in question promoted Quantum AI, a company with no legal permission to offer investment services in Spain.

The U. S. DOJ seeks to seize $15 million in USDT stolen by North Korean hackers, while five individuals pled guilty to aiding the attacks. North Korea’s growing IT worker scheme allows hackers to access corporate systems remotely, launder crypto, and finance government programs, highlighting evolving cyber threats and the need for robust security measures source: https://news.shib.io/2025/11/17/us-doj-moves-to-seize-15m-in-usdt-stolen-by-north-korean-hackers/

The Scaramucci family has invested more than $100 million in American Bitcoin, a mining firm linked to President Trump’s sons. The move has sparked public interest due to Anthony Scaramucci’s political feud with Trump, though AJ Scaramucci insists the investment was based purely on business considerations. Additional high-profile investors include Tony Robbins, Charles Hoskinson, Grant Cardone, and Peter Diamandis. The post Scaramucci Family Invests $100M+ in Trump-Linked American Bitcoin first appeared on The Shib Daily source: https://news.shib.io/2025/11/17/scaramucci-family-invests-100m-in-trump-linked-american-bitcoin/

Binance CEO Changpeng “CZ” Zhao’s lawyer rejected claims that his Trump pardon involved corruption or business ties, highlighting Zhao’s unprecedented prosecution and lack of prior contact with Trump. The post CZ’s Lawyer Blasts “False” Claims Linking Binance, Trump Pardon first appeared on The Shib Daily. source: https://news.shib.io/2025/11/17/czs-lawyer-blasts-false-claims-linking-binance-trump-pardon/

Japan’s FSA is overhauling crypto regulations, classifying digital assets as financial products, enforcing disclosures and insider trading rules, and exploring bank participation. SHIB joins Bitcoin and Ethereum on the Green List, potentially benefiting from new tax cuts. The reforms aim to boost transparency, oversight, and legitimacy in Japan’s crypto market. The post Japan FSA Plans Major Crypto Overhaul: New Rules, 20% Tax, Bank Access first appeared on The Shib Daily source: https://news.shib.io/2025/11/17/japan-fsa-plans-major-crypto-overhaul-new-rules-20-tax-bank-access/

Media hype drives crypto bull markets by fueling FOMO, herd behavior, and emotional buying, creating a feedback loop that prolongs rallies beyond fundamentals. The post How Media Hype Helps Prolong Major Rallies in Crypto Bull Markets first appeared on The Shib Daily. source: https://news.shib.io/2025/11/17/how-media-hype-helps-prolong-major-rallies-in-crypto-bull-markets/

Alibaba has launched its new AI chatbot app, Qwen, available globally and free to use, aiming to compete with ChatGPT and integrate into its wider digital ecosystem. The app has already drawn high user traffic and caused concern in the U.S. tech sector, highlighting Alibaba’s growing influence in AI development and adoption.

China bought only 332,000 metric tons of American soybeans since October, versus the promised 12 million tons. source: https://www.cryptopolitan.com/chinese-soybean-buying-falls-short/

Cryptocurrency airdrops often feel like "free money falling from the sky," but experienced airdrop users know that not every airdrop is worth the gas fees and effort.

The academic giant has increased its position in spot Bitcoin ETFs by 257%, surpassing $360 million. source: https://atlas21.com/harvard-triples-its-investment-in-blackrocks-ibit/?utm_source=rss&utm_medium=rss&utm_campaign=harvard-triples-its-investment-in-blackrocks-ibit

Bitcoin, which enjoyed immense popularity this year, has plummeted from its all-time high, breaking through the $100,000 mark, and market confidence is now undergoing its most severe test.

For most of the past year, Hyperliquid held the top spot—but its market share has now plummeted to just 20%, with new challengers vying for dominance. This article will provide an in-depth analysis of the four major decentralized exchanges offering perpetual contracts.

XRP fell about 7% after the first U.S. spot XRP ETF launched, even as trading volumes and retail interest surged. At the same time, institutional holders trimmed positions, signalling cautious behaviour ahead of larger ETF launches from Franklin Templeton and Bitwise.

Travis Ford, the co-founder and CEO of Wolf Capital Crypto Trading LLC, has been sentenced to 5 years in prison in federal prison for operating a $9.4 million crypto investment scheme that defrauded nearly 2,800 investors, the U.S. Department of Justice announced on November 14.

Data shows that some "whale" wallets are exhibiting regular selling activity, which may be related to profit-taking rather than a panic signal, but the market's ability to absorb such selling pressure has weakened.

AI data centres in the U.S. are using power faster than the grid can supply, creating a major gap in electricity capacity. Analysts warn that without huge investment, the country may struggle to support further AI growth as outages and infrastructure limits become more common.

Huobi HTX, a leading exchange in the crypto space, has consistently increased its investment in security. From asset transparency to anti-fraud campaigns, from compliance initiatives to technological advancements, Huobi HTX has set a "security benchmark" for the industry through its concrete actions.