Schlagwort: crypto business

• Dogecoin traded at $0.15 as bulls looked to hold the advantage at the price level.
• A successful breach of $0.18 could ignite fresh gains.
• Key targets include $0.30 and $0.50, which could be within reach if bullish momentum emerges across memecoins.

Dogecoin (DOGE) price is showing signs of a possible reversal as bulls hold the $0.15 mark amid the latest market volatility.

This comes as a critical on-chain metric turns positive, suggesting a potential shift in momentum for the popular memecoin.

However, cryptocurrencies are in a downbeat mood as sentiment tanks alongside major price dips.

In this case, DOGE may come under fresh sell-off pressure.

That’s the same outlook that analysts have pointed out for top alts, including XRP, Solana and Chainlink.

Bitcoin also hovers at $91,500 as spot ETF outflows spike.

Dogecoin price: bulls target a bounce off the $0.15 level

As top altcoins battle to hold key price levels, Dogecoin’s price action appears to be mirroring this trajectory.

The memecoin has seen a notable dip since wicking into resistance above $0.18 on November 11, 2025.

Notably, DOGE dipped to just under $0.15 on Nov. 17, extending losses since the $0.30 level.

The area marks a multi-month demand and supply zone, which incidentally is a key hurdle bulls have to surmount.

Nonetheless, DOGE finding support at the current levels align with bulls crowding at the major support line of a broadening wedge pattern.

DOGE exchange flows flip positive

A notable observation from analyst Ali on X is that Dogecoin’s exchange net position has changed.

Per data from Glassnode, which Ali shared, the supply of DOGE on exchanges has recently turned positive.

The chart shows that this development has historically preceded sharp price rebounds for the altcoin.

Notably, the latest shift occurs as DOGE price hovers near $0.15 and close to the $0.20 mark.

Dogecoin $DOGE supply on exchanges just turned positive!

This shift has marked sharp rebounds before. pic.twitter.com/EMTukIkO8y

— Ali (@ali_charts) November 19, 2025

As the analyst suggests, potential accumulation could set the stage for a bullish reversal for the DOGE price.

Dogecoin price prediction

Price has dipped since bears showed up at $0.30, a multi-month demand and supply zone.

However, prices are holding firm near $0.15 as the level marks a key floor for bulls within a broadening wedge pattern.

Daily RSI is at 39 and off the oversold level to signal a potential reversal.

Elsewhere, the MACD supports buyers with a bullish crossover hint.

If buyers get $0.18, fresh gains could mean a breakout to $0.30 and then $0.50.

DOGE leading a memecoin resurgence could be key. On the flipside, losses below $0.15 will add to growing pressure.

Ali notes that bulls accumulated more than 27.4 billion DOGE at the $0.08 price level.

This makes the zone bulls’ most significant support level, should bears pierce the $0.10 level.

The post Dogecoin price holds $0.15 as key DOGE metric flashes green appeared first on CoinJournal.

• Coinbase plans a prediction markets platform using Kalshi’s regulated system.
• Users can trade USDC or USD across sports, politics, and tech events.
• Move aligns with Coinbase’s goal to become an “everything exchange.”

Coinbase is preparing to enter the rapidly growing prediction markets sector, leveraging the regulated infrastructure of Kalshi to build its own platform.

Screenshots shared by tech researcher Jane Manchun Wong suggest the cryptocurrency exchange is creating a fully branded interface that would allow users to trade event-based contracts using USDC or US dollars.

Coinbase is working on Prediction Market pic.twitter.com/0T3HwdXmDy

— Jane Manchun Wong (@wongmjane) November 18, 2025

Coinbase builds on regulated infrastructure

The leaked images reveal a prediction markets website under development by Coinbase, featuring its branding and a clean, user-friendly layout.

The platform is set to operate through Coinbase Financial Markets, the exchange’s derivatives arm, in partnership with Kalshi, a federally regulated prediction market approved by the Commodity Futures Trading Commission (CFTC).

This regulatory backing positions Coinbase to offer legally compliant event-based trading in the United States, which has become a critical consideration for exchanges seeking to expand into this sector.

According to the screenshots, users will be able to trade on events spanning economics, sports, science, politics, and technology.

The interface hints that new markets will be introduced frequently, suggesting that Coinbase aims to maintain a dynamic and engaging platform for participants.

The website also includes a FAQ section and an onboarding guide, reflecting Coinbase’s intent to make the service accessible to both experienced traders and newcomers.

Coinbase’s strategy to become an “everything exchange”

Coinbase has previously indicated its ambition to evolve into what it calls an “everything exchange.”

Adding prediction markets aligns with this goal, providing users with another avenue to engage in crypto-based financial products.

The partnership with Kalshi, announced in November, allows Coinbase to act as custodian for Kalshi’s USDC-based event contracts, further solidifying its foothold in this emerging market.

The move also reflects the broader industry trend. Other major crypto exchanges have been moving aggressively into prediction markets.

Crypto.com recently launched a platform integrated with Trump Media, while Gemini has filed with the CFTC to become a designated contract market as part of its effort to create a “super app.”

Prediction markets have witnessed explosive growth in 2024 and 2025, with platforms such as Kalshi and Polymarket reporting record volumes as users increasingly turn to event-based trading ahead of major political, economic, and cultural moments.

Expanding global ambitions

This development comes alongside Coinbase’s recent international expansion with the launch of Coinbase Business in Singapore, a platform designed for startups and small businesses.

The Singapore platform offers instant USDC payments, global transfers, and automated accounting integrations, supported by real-time SGD banking rails via Standard Chartered.

By blending fiat and crypto under clear regulatory standards, Coinbase is positioning itself as a trusted partner for businesses navigating the evolving digital payments landscape.

Taken together, these moves demonstrate Coinbase’s strategic push into both innovative trading products and international markets.

The prediction markets platform, backed by Kalshi, gives Coinbase a foothold in one of the fastest-growing segments of the crypto economy, while the Singapore expansion highlights its commitment to regulatory compliance and practical financial solutions for global users.

As prediction markets continue to attract interest, Coinbase’s entry into the sector could intensify competition and further validate event-based trading as a mainstream financial offering.

The post Coinbase taps Kalshi to develop prediction markets platform appeared first on CoinJournal.

• Ripple’s XRP traded near $2.15 after latest price declines across cryptocurrencies.
• However, downward pressure remains amid a dip in supply in profit ratios.
• Breakout past $2.30 could allow bulls to aim for more gains, but waning speculative appetite limits action.

XRP price trades near $2.15 and in the red over the week as circulating supply in profit plummets to 58.5%.

This is the lowest level the metric has touched since November 2024 when the Ripple token traded under $1, with blockchain analytics platform Glassnode noting a structurally fragile market.

Dips for Bitcoin, Ethereum, and the broader altcoin market align with this XRP’s performance.

XRP supply in profit falls

According to analytics and research platform Glassnode, the strong downward pressure has XRP supply in profit tanking to around 58% – the lowest since November 2024.

That’s when the Ripple token traded near $0.53.

Losses in recent weeks have seen supply in loss rise significantly, with momentum buyers dominating and likely a source of sell-off pressure.

“Today, despite trading ~4× higher ($2.15), 41.5% of supply (~26.5B XRP) sits in loss- a clear sign of a top-heavy and structurally fragile market dominated by late buyers,” Glassnode wrote on X.

According to Glassnode, XRP distribution after profit realization since late September has been “into weakness, not strength.” But have bulls weathered the storm?

The launch of the XRP spot ETF and key partnerships have buoyed sentiment despite price declines.

On XRP spot ETFs, Bloomberg’s Eric Balchunas recently noted:

Congrats to $XRPC for $58m in Day One volume, the most of any ETF launched this year (out of 900), BARELY edging out $BSOL’s $57m. The two of them are in league of own tho as 3rd place is over $20m away. pic.twitter.com/MjsOeceeNb

— Eric Balchunas (@EricBalchunas) November 13, 2025

XRP price forecast

Ripple (XRP) is trading around $2.15 at the time of writing on Wednesday as uncertainty across the crypto market continues.

While Bitcoin has bounced off lows of $89,500 and touched $93,000, the market is largely negative, with retail and institutional demand having faded in recent weeks.

Ripple’s token is down 1.6% in the past 24 hours as of writing.

The altcoin is also down nearly 12% in the past week, hovering largely near key support rather than at critical resistance.

This happens as risk-off sentiment cuts across the market, driven by macroeconomic jitters and panic selling.

From a technical perspective, the daily chart shows the relative strength index hovering near 38.

It’s downsloping to suggest potential declines, and any fresh weakness could derail bulls.

A similar outlook is observable with the moving average convergence divergence, which recently flashed a bearish crossover.

In addition, a dip in XRP open interest, with about $3.65 billion in OI being down from $4.11 billion, signals waning speculative fervor.

The weak derivatives outlook means traders are retreating onto the sidelines amid continued market uncertainty.

Therefore, the $2.10 and $2.00 areas mark key price levels.

On the upside, bulls face hurdles at $2.30 and $2.50 before the critical $3.00 mark comes into play.

The post XRP price forecast as supply in profit falls to 58% appeared first on CoinJournal.

• Bitcoin ETFs log fifth straight day of heavy outflows.

• BlackRock’s IBIT posts record withdrawal since launch.

• Bitcoin risks further downside as sell pressure intensifies.

US-listed spot Bitcoin exchange-traded funds saw another day of significant redemptions on 18 November, marking their fifth consecutive session of outflows.

The ETFs recorded a combined $372.8 million in net withdrawals, extending a trend that began on 12 November and has now removed billions of dollars from major issuers.

The day’s outflows were driven largely by BlackRock’s iShares Bitcoin Trust (IBIT), which reported $523.2 million in redemptions — its largest single-day loss since launching in January 2024.

Small inflows into EZBC and BTC were not enough to offset broader investor selling.

Date	IBIT	FBTC	BITB	ARKB	BTCO	EZBC	BRRR	HODL	BTCW	GBTC	BTC	Total
18 Nov 2025	(523.2)	0.0	0.0	0.0	0.0	10.8	0.0	0.0	0.0	0.0	139.6	(372.8)
17 Nov 2025	(145.6)	(12.0)	(9.5)	(29.7)	0.0	0.0	0.0	(23.3)	0.0	(34.5)	0.0	(254.6)
14 Nov 2025	(463.1)	(2.1)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	(6.0)	(25.1)	(492.1)
13 Nov 2025	(256.6)	(119.9)	(47.0)	(15.7)	(30.8)	(5.7)	0.0	(8.3)	0.0	(64.5)	(318.2)	(866.7)
12 Nov 2025	(36.9)	(132.9)	0.0	(85.2)	0.0	0.0	0.0	0.0	0.0	(23.1)	0.0	(278.1)

Recent sessions have shown a similarly weak pattern, with $254.6 million exiting on 17 November, $492.1 million on 14 November, $866.7 million on 13 November, and $278.1 million on 12 November.

The sustained withdrawals reflect cooling institutional appetite despite pockets of isolated inflows.

IBIT faces heaviest pressure

According to SoSoValue data, IBIT’s $523.15 million outflow on Tuesday surpassed its previous record of $463 million set on 14 November.

The ETF has now posted five straight days of net outflows, totaling $1.43 billion.

With $72.76 billion in net assets, IBIT remains the world’s largest spot Bitcoin ETF.

Yet it has seen a negative flow trend since late October, accumulating four consecutive weeks of outflows amounting to $2.19 billion.

Across the sector, spot Bitcoin ETFs have suffered more than $3 billion in outflows so far in November, with IBIT alone accounting for nearly $2 billion of that figure.

The withdrawals have coincided with Bitcoin’s price correction, which saw the token fall below $90,000 earlier this week from its $126,080 all-time high in early October.

Bitcoin was last changing hands around $91,849, up 1.6% in the past 24 hours.

Bitcoin price tests crucial support

Bitcoin continues to trade near the $90,000 support level on Wednesday.

A daily close below that threshold could open the door to further downside, particularly as institutional outflows reinforce bearish sentiment.

The pressure has been amplified by data showing persistent selling across multiple investor cohorts.

A K33 Research report released Tuesday noted that long-term holders have been trimming positions for months, while ETF investors have accelerated their own selling in recent weeks.

K33 highlighted that Bitcoin’s recent market structure resembles prior major drawdowns.

In March 2024, the token fell 33.57% from its peak, while the tariff-driven sell-off earlier in the year resulted in a 31.95% decline. A similar correction today would place Bitcoin in the $84,000 to $86,000 range.

Analysts at K33 also warned that a resurgence of leverage in the derivatives market could act as a catalyst pushing prices toward — or even below — those levels.

 

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