Bitcoin rebounded 1.2% to $103,450, stabilizing after the steep liquidation-driven drop below $100,000 earlier in the week.
Ethereum climbed 2.2% to $3,400, while Solana reclaimed $160; total market capitalization rose 2% to $3.46 trillion.
Spot Bitcoin ETFs posted $137 million in outflows, marking the sixth consecutive day of redemptions; Ethereum ETFs saw $119 million in outflows, while Solana ETFs recorded $9.7 million in inflows for a seventh straight day.
Ripple secured a $500 million strategic investment at a $40 billion valuation, signaling renewed venture appetite for digital asset infrastructure. Japan’s Metaplanet launched a $100 million Bitcoin accumulation fund, extending the regional corporate pivot into digital assets.
ADP employment beat expectations, printing +42,000 jobs in October, the strongest gain since July, tempering fears of a deeper U.S. slowdown.
The U.S. government shutdown hit 36 days, delaying crypto legislation and tightening liquidity across funding markets.
Bhutan has hired 3iQ to earn yield on part of its Bitcoin and given Gelephu a central bank that can hold crypto, while disclosing less and less about the coins themselves.
A royal decree turns the Gelephu Financial Services Office into the Gelephu Central Bank, with monetary policy, reserve and payments powers and a path to a city currency. The timetable and its relationship with Bhutan's national central bank are unclear
Withdrawals reopened Sunday with a $3.6 billion net outflow and a proof-of-reserves snapshot is out, but Binance has not published its technical post-mortem or said how attackers got in beyond a compromised laptop
The bank says Hong Kong is the first market in its group to get the product for corporate clients, which settles between banks in central bank money around the clock. Blockhead reported a Singapore launch with Ant International in December
