BTC $77,581.60 +0.68%
ETH $2,294.07 +1.77%
BNB $696.80 -0.28%
XRP $1.28 +3.34%
SOL $93.49 +1.50%
TRX $0.3232 +1.92%
DOGE $0.0751 +1.67%
ADA $0.1896 +0.89%
BCH $276.94 +1.00%
LINK $11.12 -0.13%
HYPE $86.38 +3.25%
AAVE $127.22 -0.41%
SUI $0.8965 +2.81%
XLM $0.1637 -1.04%
ZEC $1,216.63 +3.32%
AAPL $332.58 -1.48%
AMZN $250.86 +0.26%
GOOGL $280.49 -1.29%
MSFT $520.27 +0.06%
META $623.66 +1.71%
NVDA $208.16 +0.65%
TSLA $398.58 -2.49%
SNDK $1,111.80 -0.02%
INTC $60.52 -2.54%
SPCX $141.25 +1.23%
MU $851.93 -0.24%
AMD $492.95 +2.41%
BTC $77,581.60 +0.68%
ETH $2,294.07 +1.77%
BNB $696.80 -0.28%
XRP $1.28 +3.34%
SOL $93.49 +1.50%
TRX $0.3232 +1.92%
DOGE $0.0751 +1.67%
ADA $0.1896 +0.89%
BCH $276.94 +1.00%
LINK $11.12 -0.13%
HYPE $86.38 +3.25%
AAVE $127.22 -0.41%
SUI $0.8965 +2.81%
XLM $0.1637 -1.04%
ZEC $1,216.63 +3.32%
AAPL $332.58 -1.48%
AMZN $250.86 +0.26%
GOOGL $280.49 -1.29%
MSFT $520.27 +0.06%
META $623.66 +1.71%
NVDA $208.16 +0.65%
TSLA $398.58 -2.49%
SNDK $1,111.80 -0.02%
INTC $60.52 -2.54%
SPCX $141.25 +1.23%
MU $851.93 -0.24%
AMD $492.95 +2.41%

price

All
Article
Flash

first_img 10x Research Founder: Wall Street Ends Bitcoin Surge, Year-End Target Price $90,000

Markus Thielen, founder of 10x Research, stated in the Cointelegraph podcast Trade Secrets that the days of Bitcoin experiencing double-digit gains consecutively are over, as Wall Street traders and profit-taking whales are reshaping the market structure. He believes that institutional traders are selling call options after price increases, making the extreme price surges of earlier years less common. Thielen, who is also the author of the industry historical work Crypto Titans, found in his writing that each cycle has different drivers, and different drivers attract different investors. The current drivers are from Wall Street, with investors trading based on economic data and Federal Reserve decisions.Thielen estimates that among the $60 billion in net inflows for spot Bitcoin ETFs he analyzed, market makers could account for as much as half. These institutions hold ETF shares to hedge options trading, so they do not necessarily represent a bet on Bitcoin's price increase. His estimate is based on a review of the SEC's 13F filings. He still expects Bitcoin to reach $90,000 by the end of the year, but it may first drop to a range of $76,000 to $79,000. Bitcoin fell to about $76,100 last Friday after a $6.3 billion hacking incident on Binance, with a cumulative drop of 7.3% in October.Thielen expects Bitcoin to outperform Ethereum, believing that too much value generated by Ethereum's ecosystem is flowing to Layer 2 networks. He has been bearish on Ethereum for over a year, comparing it to a highway: everyone wants the road to be clear and tidy for fast travel, but no one wants to pay for it. He cited the decentralized perpetual contract exchange Hyperliquid as an example, pointing out that its aid fund converts trading fees into HYPE and destroys them, suggesting that Ethereum needs to establish a stronger connection between network usage and financial benefits for holders.

Analysis: Bitcoin has broken the trend pattern before the last three U.S. midterm elections, with the current price 5.2% above the 200-day moving average

According to CoinDesk, Bitcoin's market performance before the 2026 U.S. midterm elections has broken the trend observed in the previous three elections. As of November 3, Bitcoin was priced at approximately $76,990, about 5.2% higher than the 200-day simple moving average (SMA) of $73,169, indicating that its long-term trend remains above the average.In contrast, during the U.S. midterm elections in 2014, 2018, and 2022, Bitcoin's price was approximately 35%, 9%, and 22% below the 200-day average, respectively, all during bear market phases. The report noted that although Bitcoin broke through $126,000 in October 2025, the current bear market has seen relatively shallow declines, mainly concentrated in January and February of this year.Martin Lee, head of research at DWF Labs, stated that historical data shows Bitcoin typically exhibits volatility or slight weakness in the initial months following midterm elections, but has achieved gains in the subsequent 12 months. However, short-term trends may still be influenced by election results, ETF fund flows, U.S. employment data, and geopolitical risks.Additionally, Bitcoin's 30-day implied volatility index BVIV has broken through a descending triangle pattern, indicating an increase in market expectations for short-term volatility.

first_img Kioxia's stock price fell by 15% at one point, and the quarterly profit guidance was below expectations

Japanese NAND flash memory manufacturer Kioxia Holdings saw its stock price drop by 15% on Monday. The company provided a guidance for operating profit of 2 trillion yen (approximately 12.7 billion USD) for the December quarter last Friday, which is below the consensus expectation of analysts at 2.35 trillion yen and only slightly higher than the 1.99 trillion yen recorded in the September quarter. In previous quarters, Kioxia's operating profit surged due to the procurement of high-speed NAND storage by artificial intelligence data centers.Kioxia attributed the slowdown in growth mainly to the timing of shipments rather than a weakening demand. Some orders originally scheduled for delivery this quarter were moved to the September quarter at the request of customers, while others were postponed to the March quarter next year due to an increase in the proportion of enterprise storage and longer production and delivery cycles. Chief Financial Officer Yoshihiko Kawamura stated in a conference call last week that the company expects to see a rapid recovery in growth in the March quarter, with demand from artificial intelligence data center operators remaining strong.Kawamura also mentioned that the company's planned production capacity for next year is already sold out, and more than half of the production for the following year has also been allocated. Some major customers have begun negotiations for contracts covering 2029 and beyond. Kioxia competes with Samsung Electronics, SK Hynix, and Micron Technology, focusing primarily on NAND, while its South Korean counterparts also sell DRAM needed for artificial intelligence computing.

After the release of Google's financial report, its market value evaporated by nearly 500 billion dollars, and analysts expect the stock price to maintain a range-bound fluctuation in the short term

According to CNBC, after the release of Alphabet's third-quarter financial report, the stock price fell more than 12% to $285, with a market value shrinking by nearly $500 billion. Despite Google Cloud's revenue growing 103% year-over-year, the market is still focused on earnings per share falling short of expectations and the negative free cash flow amid ongoing investments in AI infrastructure.Mike Khouw stated in a CNBC column that the fundamentals of Alphabet's core business remain intact, but a short-term rapid rebound faces two obstacles. First, multiple institutions have downgraded ratings, target prices, or future earnings forecasts. He pointed out that historically, stocks that have experienced concentrated downgrades tend to underperform the market or trade sideways in the following 30 days, and institutional rebalancing can also limit upward momentum. Second, the gap down after the earnings report further damaged the technical pattern.In terms of technical indicators, Alphabet's RSI has dropped to just over 20, and the MACD sell signal has strengthened. However, Khouw believes that with the stock price close to the 52-week low of $270.70, combined with an extremely oversold condition, further declines may be limited.In terms of trading strategy, Khouw suggested using a sell wide strangle options strategy to cope with the anticipated range-bound fluctuations. He believes that continued selling in the overall market poses the main downside risk, while unexpected positive news driving the stock price up rapidly could threaten the bullish call option selling side of the strategy.
app_icon
ChainCatcher Building the Web3 world with innovations.