Shiba Inu (SHIB), the second-largest memecoin, has fallen over 5% in the last 24 hours. The token retreated to $0.00000951, following the negative market sentiment led by Bitcoin. This drop occurs despite community efforts, as the insufficient SHIB token burning could not counteract the bearish trend. SHIB has pulled back from a high of $0.00001018.
Author: chloe
chloe
Chloe Adams writes about the infrastructure layer of crypto: Bitcoin, Ethereum, Layer 1 networks, stablecoins, DeFi and the regulation shaping how these systems are used. At BlockchainJournal, she pays close attention to protocol upgrades, network activity and adoption claims, separating meaningful ecosystem progress from technical noise or premature conclusions.When relevant, she also tracks regulatory developments and market reactions tied to core blockchain systems.
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President Donald Trump denied knowing Binance founder Changpeng Zhao (CZ) in a recent interview. This statement follows the controversial presidential pardon Trump granted CZ in October 2025 for money laundering. The pardon has sparked controversy due to a potential $2 billion Binance-Trump deal with a firm linked to his family. The source of Trump’s denial was an interview with “60 Minutes”.
Zcash (ZEC) has marked a historic milestone by surpassing Monero (XMR) in market capitalization. This event could signify a changing of the guard in the privacy-focused cryptocurrency sector. Zcash’s optional privacy model appears to be a key factor in this ascent, according to experts like Ray Youssef, CEO of NoOnes. ZEC has surged nearly 50% in just seven days.
Ethereum (ETH) has started November with a 3.8% drop, trading near $3,738. This decline comes as holders reduce their accumulation. However, key support for Ethereum’s price and technical signals suggest the weakness may be temporary. On-chain data from Glassnode shows robust support zones.
Iren announced today a monumental $9.7 billion agreement with Micosoft, a “neocloud” company. This deal is for the purchase of AI cloud capacity. The news validates the growing Bitcoin miners’ transition to AI as a key strategic move in the tech sector. IREN shares reacted upward immediately.
Dogecoin (DOGE) broke the key $0.18 support in Dogecoin this Tuesday, falling to $0.1740. This decline, which notably diverges from the broader market’s strength, is due to intense selling pressure. On-chain data from the Santiment platform reveals that whales (large holders) dumped 440 million tokens in just 72 hours, dictating the asset’s current trajectory.
Revolut now allows its 65 million users to swap stablecoins with no fees, a change that may influence usage costs, liquidity and competitiveness in crypto-custodied services. The update is most relevant for those who use the app for payments or digital asset management, where cost and speed are central consideration.
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $291 million in net outflows in just one day, marking one of the largest single-day withdrawals since its debut. The move highlights growing caution among institutional investors amid renewed Bitcoin volatility and remarks from the Federal Reserve suggesting a slower path to rate cuts.
Retail Bitcoin traders are exhibiting the greatest fear since the October 20 crash, according to Santiment. This deterioration in sentiment points to increased nervousness among individual investors and potential amplification of volatility and liquidity shifts in BTC-linked markets.
According to a report, U.S. senators are intensifying efforts to finalize a crypto market bill as the shutdown stalemate deepens. The combination adds political pressure to a key legislative process and affects companies, investors, and regulators who require regulatory clarity. The push aims to accelerate completion of the text, even as the standoff clouds the timing.
