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Despite Ethereum (ETH) price plunging by more than 20% so far in the fourth quarter of 2026, historical data suggest potential further upside by the end of the year.
As of November 10, the average fourth-quarter return of Ethereum since its inception is about 16.8%, while the median is approximately 6.29%.
With Ethereum price having closed the third quarter of 2026 at $2,684, the average and median targets for the fourth quarter are $3,134.91 and $2,852.82, respectively, according to data from CryptoRank.
Ethereum quarterly returns (USD). Source: CryptoRank
With ETH trading at $2,126 at the time of writing, the historical average fourth-quarter return indicates a potential 47% upside. Meanwhile, the historical median return for the fourth quarter signals a possible 34% rally over the next 51 days.
Worth noting that Ethereum’s 70.9% uptick during the third quarter of 2026 was the highest since it was created. As a result, if the past returns are a strong indicator of future performance, ETH price is well poised to gain bullish momentum in the remaining part of the year.
Ethereum price performance today
Over the past 30 days, ETH price has declined by more than 15%, thereby increasing fear of further selloff. The altcoin had a market capitalization of approximately $259.85 billion at the time of reporting, with its 24-hour average trading volume up 132% to $15.2 billion.
ETH performance on November 10, source: CoinMarketCap
Even though the crypto asset has experienced sustained selling pressure over the past 30 days, historical analysis suggests a possible bull run in the coming few weeks.
Such a bullish sentiment could be bolstered by renewed demand for United States spot exchange-traded funds (ETFs) amid a broader crypto bullish outlook led by Bitcoin (BTC). Moreover, ETH remains at the helm of real-world asset tokenization due to regulatory clarity in the United States.

Although XRP has faced six consecutive weeks of bearish sentiment, on-chain data shows rising demand as its reserves on Binance, the cryptocurrency exchange with the highest daily trading volume and most registered users, plummeted to a new multi-year low.
The XRP reserves on Binance – Simple Moving Average (SMA) were at 2,602,538,678.3 tokens on Sunday, according to data Coinpedia retrieved from CryptoQuant on November 9, 2026.
XRP reserves on Binance SMA (30). Source: CryptoQuant
XRP reserves on Binance declined sharply over the past 30 days, with the exchange balance falling by nearly 42 million tokens. With the altcoin hovering above a crucial support level at $1, Binance’s XRP reserves capitulated by more than $42 million over the four weeks.
Historically, a reduced XRP balance on Binance has been associated with bullish sentiment. Furthermore, the shrinking reserves reduced the available tokens for trading, possibly also suppressing selling pressure.
XRP price performance on Monday amid renewed investor demand
Even though on-chain data shows rising demand from investors, XRP price has been trapped in a choppy consolidation. Over the past 24 hours, the altcoin has fallen by more than 5% to $1.09, as per metrics from CoinMarketCap.
XRP price performance today. Source: CoinMarketCap
Nonetheless, the token’s 24-hour trading volume had soared by nearly 300% to $3.5 billion at the time of publication.
What’s next for the crypto asset?
The term outlook for the altcoin is well positioned to be influenced by mainstream institutional adoption. Moreover, the token has significantly benefited from the XRP Ledger tokenization growth.
At the time of reporting, the Distributed Asset Value (DAV), the real world assets (RWA) tokens using blockchain as distribution layer, on the XRPL network had rallied by nearly 30% over the past 30 days to $643 million, as per updates from RWA.xyz.

Amid rising demand for crypto assets, top cryptocurrencies with strong fundamentals gained bullish traction on Monday, November 9, 2026, while those with bearish structures plunged further.
As of press time, the top-performing crypto asset over the past 24 hours, among the leading 100 cryptocurrencies by market capitalization, was Pieverse (PIEVERSE), a Web3 payment compliance infrastructure project. PIEVERSE, with a market capitalization of $597.5 million and a 24-hour trading volume of nearly $80 million, had surged 48.7%, thereby trading at $2.21.
Top crypto gainers today in the top 100 cryptocurrencies by market capitalization. Source: CoinGecko
Jupiter (JUP), the governance token for a decentralized exchange (DEX) aggregator on the Solana (SOL) network, had spiked 6.9% over the past 24 hours to $0.2553. Other top-performing cryptocurrencies today were Ether.fi (ETHFI), Arbitrum (ARB), and Avalanche (AVAX).
Meanwhile, the most bullish memecoin among the top 100 cryptocurrencies by market capitalization was the frog-themed Pepe (PEPE).
Top crypto losers on Monday
Over the past 24 hours, Rain (RAIN), a decentralized prediction markets protocol, had fallen by 11.5% to $0.0046 at the time of reporting. Pearl (PEARL), a Layer 1 blockchain powered by the Proof-of-Useful-Work (PoUW) consensus mechanism, declined 12.4% to trade at $1.54.
Top crypto losers today in the top 100 cryptocurrencies by market capitalization. Source: CoinGecko
Pi Network (PI), a mobile-first blockchain platform, had retreated 7.6% to trade at $0.06615 at the time of publication. Zcash (ZEC), a major privacy-focused cryptocurrency, has slumped 7% today, despite its macro bullish outlook.
Bitway (BTW) and OKB (OKB) had plunged by roughly 10.1% and 5.6%, respectively.
What’s next for cryptocurrencies?
Cryptocurrency volatility is well positioned to increase amid rising mainstream demand. Moreover, the Bitcoin Volatility Index, a forward-looking 30-day annualized measure of expected price fluctuations in BTC, has gradually increased over the past two months to
BTC volatility index. Source: TradingView
As a result, leading cryptocurrencies could record heightened volatility in the near term.

In spite of the fact that Zcash (ZEC) price ranked among the top cryptocurrency losers on Monday, November 9, 2026, Polymarket, a leading web3-based prediction market platform, has set the odds of further decline by the end of this year higher than the odds of a possible uptrend.
As of press time, Polymarket had set the odds of Zcash price plunging to $700 by December 31 at 21%, up 9% over the past 24 hours. This contract had attracted approximately $31,571 in traded volume, according to data Coinpedia fetched from Polymarket.
Contract for Zcash price prediction for December 31, 2026. Source: Polymarket
Meanwhile, the prediction platform had placed the chances of ZEC reaching $2,000 by the close of this year at 17%, down 3% today. Notably, this contract had attracted the highest traded volume of $77,834, signaling that more cryptocurrency traders are focused on this price target.
With Zcash price hovering at $1,169.24 at the time of writing, Polymarket believes the altcoin has a 17% chance of rallying over 71% by the end of the year. Additionally, the platform has set the likelihood of ZEC plummeting over 40% by the end of the year at 21%.
Zcash price performance on Monday
Zcash price fell by more than 6% over the past 24 hours, driven by weakness in the broader cryptocurrency market. As the altcoin saw its 24-hour traded volume surge by over 85% to $1.19 billion, its market capitalization declined by nearly $1.1 billion to $19.82 billion.
ZEC price performance today. Source: CoinMarketCap
The privacy-centric crypto asset suffered heightened selling pressure as the Zcash ETF (ZCSH) spot exchange-traded fund (ETF) closed last week with a net cash outflow of $13 million, as per data from SoSoValue.
As a result, Zcash’s price outlook by the end of the fourth quarter could be influenced by institutional demand in addition to broader crypto market sentiment.

Even though Bitcoin (BTC) briefly rebounded above $75,000 on Monday, November 11, 2026, the crypto Fear and Greed Index showed that traders are fearing a potential dead-cat bounce.
Bitcoin price faced a relief rally on Monday amid a spike in demand following a rebound in the broader stock market. Over the past 24 hours, BTC’s trading volume soared by more than 262% to $31.2 billion, according to data from CoinMarketCap.
Source: CoinMarketCap
As a result, Bitcoin price surged over 2% from its 24-hour low of around $73,748 to a local peak of approximately $75,431. At press time, BTC had slightly retraced to trade at approximately $74,742.
Bitcoin price prediction on Monday
After closing the past 5 consecutive weeks in red, Bitcoin has retested a major support level at about $73,000. As a result, pseudonymous crypto trader Brick, @brickcryptox, believes that BTC has reached its correction bottom in preparation for its next bull run towards $140,000.
BTC daily chart. Source: TradingView
Furthermore, as Bitcoin’s price fell over the past five weeks, it retested the middle Bollinger Band, the 20-week Moving Average (MA), a major support zone that could precede a potential rebound.
Bitcoin weekly chart with Bollinger Bands indicator. Source: TradingView
If Bitcoin’s weekly Relative Strength Index (RSI) continues to rebound, its macro bullish sentiment could gain momentum.
What Influences BTC Ahead
Bitcoin price remains highly influenced by the performance of the United States spot exchange-traded funds (ETFs) and global economic conditions.
Spot BTC ETFs weekly flow. Source: SoSoValue.
During the last three weeks, the U.S. spot BTC ETFs have recorded a net cash outflow of $1.177 billion, based on metrics from SoSoValue. Consequently, these funds had roughly $95.90 billion in total assets.
At the time of publication, BlackRock’s iShares Bitcoin Trust (IBIT) had $60.29 billion in net assets, down over $400 million last Friday. As such, a renewed demand for BTC via spot ETF issuers could stir a possible uptrend as a continuation of its third-quarter 2026 rebound.

Bitcoin’s recent slide has many traders bracing for a deeper crash. A closer look at time cycles and long-term price patterns points to a more measured outcome: a higher low in the coming weeks, followed by the next rally.
According to an analyst, time-based signals and price levels now point in the same direction, and one date stands out.
Bitcoin’s Price Has Followed A Steady Path For 15 Years
Since its October 2011 low of $2.22, Bitcoin has gained an average of just under 6% a month. Projecting that growth rate across a 30-year chart places Bitcoin’s midpoint at about $79,700 in November 2026, almost exactly where the price is trading now.
This is not a mystery formula. It is compound growth. The same analysis also warns that many popular “geometry” charts on social media are drawn to fit past prices after the fact.
A Three-Year Cycle Points To A Low Now
A cycle-detection tool, applied to Bitcoin’s monthly data since 2013, found that the strongest repeating cycle lasts about 43 months, or 187 weeks. That matches the cycle many traders already follow.
Within that cycle:
All four major Bitcoin tops came in the upper half of the cycle
The bear market lows of 2018, 2022 and July 2026 all came in the lower half
The cycle is bottoming now, in November and December
At the previous three cycle lows, in 2016, 2019 and 2023, Bitcoin made a higher low each time and never fell below its bear market bottom.
Why The July Low May Be The Real Bottom
Bitcoin bottomed at $57,700 in July and is still about 30% above that level. One long-running signal suggests the July low was the true bear market bottom.
After the 2013, 2017 and 2021 peaks, a line falling 6% a month from each top was only broken on a monthly close after the bear market had bottomed. At the end of August 2026, Bitcoin closed above the line drawn from its 2025 peak for the first time.
Bitcoin Is Repeating Its 2023 Pattern
The setup closely matches what happened in 2023:
2022 to 2023: Bitcoin bottomed near $15,500, rallied 63% in 87 days, then pulled back to a higher low of $19,569 on March 10, 2023.
2026: Bitcoin bottomed at $57,700 in July, rallied 51% in 82 days, and is now testing the same 0.382 fan line. Its November 6 low came within 1% of it.
November 11 Is The Date To Watch
Two separate Fibonacci time counts land on the same day:
0.618 of the 82-day rally, counted from the September high, points to November 11
0.382 of the full 2022 to 2025 bull market, counted from the October 2025 peak, also points to November 11
On that date, the 0.382 fan line sits near $74,600. The next key date is December 12, in the middle of the cycle’s low window.
How Low Could Bitcoin Go?
If the $74,600 level gives way, several methods point to the same area near $68,000:
The next Fibonacci fan line: about $67,700 on November 11 and $70,200 on December 12
A 23% pullback, the same depth as in 2023: about $67,700
A harmonic “bat” pattern: about $68,200 or lower, but not below $61,100
Deeper still, several more levels sit between $63,600 and $64,700, including the most heavily traded price of the year, near $64,300. A clean break below that area would make a higher low less likely.
Bitcoin Price Levels To Watch
Short-term resistance: $77,100 to $79,600. A break above $79,600 would ease the pressure.
Main support zone: $63,300 to $74,800
Floor of the zone: about $63,600 to $64,700
Possible next rally target: about $118,500, if the bat pattern completes

Alphabet (GOOGL) stock gained momentum on Monday, November 9, as Google’s latest AI chip announcement strengthened its position in the semiconductor market. The company introduced two new Tensor Processing Unit (TPU) variants designed to challenge Nvidia’s dominance in AI computing. The move comes as Google looks to turn its in-house chip technology into a larger cloud business.
Can Google’s expanding AI chip business drive GOOGL stock higher, or will the recent recovery lose momentum?
Google Introduces Two New AI Chips to Challenge Nvidia
Google has introduced two new TPU variants, 8tx and 8i Max, as it expands its AI infrastructure offering to enterprise customers. The TPU 8tx targets government agencies and regulated industries that require secure data processing. It combines Google’s chip technology with AMD processors and hardware-level encryption, with Google claiming up to twice the speed of its predecessor.
BREAKING: Google $GOOGL launches two new AI chips to rival Nvidia.
Google's chips reportedly cost around 30% less than Nvidia's, while offering similar performance and using less power for certain AI tasks. pic.twitter.com/y6xd20DNA0
— Bull Theory (@BullTheoryio) November 9, 2026
The TPU 8i Max is designed for memory-intensive AI applications, including coding assistants, mathematical reasoning and drug discovery. Its architecture combines two chips in one package to deliver greater memory and computing capacity.
The announcement strengthens Google’s efforts to compete with Nvidia in the AI accelerator market. More importantly, Google is increasingly making its custom chips available through Google Cloud rather than limiting them to internal workloads.
Google Cloud revenue reached $30.71 billion in Q3 2026, increasing 103% year over year, while TPU system sales made a meaningful contribution to growth.
Can GOOGL Stock Reclaim $300?
Alphabet stock is trading near $291.14, after recovering from a sharp decline toward its $270–$280 support zone.
However, the broader technical structure remains weak. GOOGL is trading below its key moving averages, clustered around the $325–$335 region, indicating that the stock has yet to establish a sustained bullish reversal.
The $300 level is the immediate psychological hurdle. A sustained move above it could strengthen recovery momentum, while the $270–$280 region remains an important support area. A breakdown below this demand zone could expose Alphabet to another leg of selling.
Can Google’s AI Chips Drive the Next Rally?
Alphabet’s AI chip expansion provides another potential growth driver beyond search advertising and cloud services. Growing enterprise demand for custom processors could strengthen Google Cloud’s competitive position and create additional opportunities to monetize its AI infrastructure.
However, investors still face concerns over rising capital expenditure, cash flow and competition in AI-powered search. Google’s ability to convert infrastructure investment into sustainable revenue and profitability will remain central to its valuation.
Technically, GOOGL needs to reclaim its moving averages to establish a stronger recovery. Until then, the latest rebound may remain a corrective move within a broader downtrend.

North Korean hackers have found a new use for worthless meme coins to move stolen crypto without directly linking the wallet holding the loot to the wallet receiving it. In the $6.3 billion Binance hack, about $430,000 in stolen NEAR passed through six homemade tokens.
Here’s how the hackers are using this method to launder crypto, a tactic they have also used in the past, including during the Bybit hack.
North Korea Has a New Way to Launder Stolen Crypto
Blockchain analytics firm Elliptic says TraderTraitor, a North Korean hacking group linked to the Lazarus Group, is using short-lived meme coins to move stolen crypto and hide its trail. The group is now using this method to launder part of the $6.3 billion stolen in the Binance hack on October 29, 2026.
North Korea’s launderers are creating their own meme coins to move funds stolen from Binance.
Between November 5 and 7, they launched at least six tokens on NEAR, dressed up with meme-coin logos such as a monkey in a pink bow and a duck in front of a US flag. Stolen NEAR went…
— Elliptic (@elliptic) November 9, 2026
Between November 5 and 7, the hackers created six tokens on the NEAR blockchain, including FUK, OLCCL, MEILI, MMLI, DABI and SINU. Creating each token cost just 25 NEAR, or around $90.
They then paired the tokens with NEAR in liquidity pools on a decentralized exchange. Around 117,000 NEAR, worth about $430,000, passed through these tokens. Some of the funds were later converted into stablecoins or moved to other blockchains.
What makes this activity stand out is that almost all trading came from wallets linked to the hackers. Trading also stopped soon after the tokens had served their purpose. This points to the tokens being created specifically to move stolen funds, not to build regular meme coin projects.
North Korea’s Four-Step Meme Coin Strategy
Step 1: Create a worthless token
The hackers create a new meme coin using a public token-creation tool. Each token costs only a small amount of NEAR to launch.
Step 2: Create a liquidity pool
They pair the newly created token with a real cryptocurrency on a decentralized exchange.
Step 3: Trade the stolen crypto through the token
A wallet holding stolen crypto buys the newly created meme token, while another wallet sells it back through the same liquidity pool.
Step 4: Move the recovered funds
The receiving wallet gets the original cryptocurrency back, which can then be swapped into stablecoins or moved across different blockchains.
Why This Strategy Makes Crypto Tracking Harder
The technique does not make the stolen funds invisible. Every transaction remains recorded on-chain, allowing investigators to trace the movement. However, each additional swap creates more work for investigators
North Korea has used a similar approach before. After the 2025 Bybit hack, Elliptic identified at least $24 million moving through a worthless token created on Tron.
Even the Binance case shows how North Korean-linked hackers are using low-cost methods across Tron, Solana, and NEAR to move stolen funds and make investigations harder.

XRP’s social media timelines have turned hostile again. Over the past week, long-time holders have announced they are selling, a builder on the XRP Ledger has publicly criticised the ecosystem’s direction, and an open letter to Ripple’s leadership has split the community. Ripple executives and community figures are pushing back.
Here is what is behind the sudden wave of negativity, what each side is saying, and where XRP’s price stands.
Why The Negative Posts Are Surging Now
The main trigger is price. XRP is trading around $1.15 to $1.19, roughly 70% below its all-time high of $3.84, which it set in January 2018. The token came close to that record in July 2025, when it reached $3.65, but has fallen since then.
That weakness stands in contrast to Ripple’s run of good news. In recent weeks the company has won final approval for a national trust bank charter, announced new partnerships at its Swell conference and reported strong revenue growth. Many holders feel the company is thriving while the token gets left behind.
Several other events added to the anger:
An open letter asked Ripple’s leaders to take steps to lift XRP to $15 to $20, setting off a debate over what Ripple owes holders
Long-time holders said they were quitting. Community member Ryan Solomon wrote that he was likely selling everything after seven years, citing opportunity cost and what he called “narrative shifting”
Off-topic insults aimed at Ripple CTO Emeritus David Schwartz led him to start blocking users who flood his replies
What The Critics Are Saying
The sharpest criticism came from a CEO, a long-time builder on the XRP Ledger. The expert said he remains bullish on XRP over the long term, but not on its current direction or the people making the key decisions.
He pointed to falling activity on the network:
Daily volume on the XRP Ledger’s built-in exchange is about $5 million
Total value locked in its DeFi apps is about $35 million
Liquidity, volume and TVL have all been declining steadily
“Announcements are not adoption. Partnerships are not liquidity,” he wrote.
Mekras argued that Ripple’s success as a company, the XRP Ledger’s growth as a network and XRP’s value as a token are three different things, and that one does not prove the others. Asking how network activity turns into value for holders is “not FUD,” he said. While Ripple does not control the network on its own, its money and relationships give it far more power than any small team to move the ecosystem forward.
Other critics compared XRP with Ethereum and Solana, saying both have done more to attract developers and give holders ways to put their tokens to work.
What The Defenders Are Saying
Hugo Philion, CEO of Flare, said the problem lies in how holders view XRP. Its value should never have been seen as depending on one company, Philion argued. In place of asking what Ripple will do, holders should ask:
What are you doing to put your XRP to work?
What are you doing to show non-holders that XRP is worth owning?
What are you doing to turn XRP from a speculative asset into usable capital?
Bill Morgan said the criticism is full of contradictions. XRP was once attacked as a “bankers’ coin,” and then attacked again when banks did not buy it. Critics once complained that Ripple relied on selling XRP for income. Now that Ripple earns money from its acquisitions, they claim XRP no longer matters to the company.
Morgan also said XRP’s drop from its peak is in line with other major tokens. Solana is about 70% below its January 2025 high of $294.33, and Chainlink is about 80% below its May 2021 peak of $52.88.
A long-time holder argued Ripple never set out to make XRP holders rich, the holder argued, and buying a token does not give anyone a claim on the company’s profits. “Supporting a technology only when it makes your portfolio richer is not championing a vision. It is simply speculating,” the post read.
Other defenders called XRP a commodity that holders can help shape themselves. Some claimed the negativity is a deliberate attempt to shake out small investors near a market bottom, though they offered no evidence for this.
Where XRP’s Price Stands
Trader Ali Martinez said XRP has reached the lower edge of a falling channel that has guided its price for the past month. If $1.14 holds as support, Martinez sees a possible rebound toward the channel’s upper edge at $1.30, a move of about 13%.
Social sentiment toward XRP has also fallen to its lowest level since July, according to Martinez. Some traders read that as a contrarian signal that selling pressure may be close to running out.
What It All Means
The debate comes down to one question: should XRP’s price follow Ripple’s success? Critics want clear proof that the company’s growth creates demand for the token. Defenders say that link was never promised, and that the XRP Ledger’s future depends on builders and holders as much as on Ripple. Until real activity on the network picks up, that tension is likely to continue.

Nvidia (NVDA) stock fell 5.7% in premarket trading on Monday, November 9, slipping below $180.30 as fresh controversy surrounding CEO Jensen Huang unsettled investors. The decline adds to recent pressure on the AI chip giant, with concerns over leadership uncertainty emerging at a time when semiconductor stocks are already facing heightened volatility. While Nvidia remains a dominant force in artificial intelligence, the latest developments introduce a new risk for shareholders.
Could the investigation trigger a deeper NVDA price sell-off, or will investors look beyond the controversy?
Why Is Nvidia Stock Falling Today?
The immediate trigger is Nvidia’s board decision to investigate reports that Huang was the target of a foreign intelligence effort. The company announced on November 8 that a committee of independent directors, supported by external legal counsel, would oversee the review. The investigation follows reports involving Alice Huang, a former executive at Singapore-based Megaspeed, a company connected to Nvidia’s AI chip business.
LATEST: Nvidia shares fell -4.7% sharply premarket after its board opened a probe into alleged ties to Chinese intelligence. $NVDA shares trades around $180.30, down from Friday’s close as CEO Jensen Huang acknowledged a relationship with chip buyer and suspected Chinese asset… pic.twitter.com/NKt1tVT0lE
— Coin Bureau (@coinbureau) November 9, 2026
Huang separately acknowledged being unfaithful to his wife in a message to employees and apologized to his family and colleagues. He has committed to cooperating with the board’s investigation. Importantly, Nvidia said it currently has no reason to believe that national security or company secrets were compromised. The board also expressed confidence in Huang and his leadership team.
Jensen Huang’s Leadership Becomes a Key Concern for NVDA Investors
The investigation matters because Huang is closely associated with Nvidia’s transformation into a dominant force in artificial intelligence.
Under his leadership, Nvidia expanded beyond graphics processors into AI accelerators, data-center infrastructure and the CUDA software ecosystem. His relationships with major technology customers and policymakers have also played an important role in the company’s expansion. Any uncertainty surrounding his position could therefore affect investor confidence beyond the immediate controversy.
The situation also puts Nvidia’s China strategy under renewed scrutiny. Washington has imposed restrictions on advanced semiconductor exports to China, making the company’s commercial relationships and technology safeguards particularly sensitive.
Can NVDA Recover After the Recent Drop?
Nvidia’s near-term outlook now depends on whether the investigation can resolve concerns without disrupting its leadership or business operations. A review that finds no compromise of company information could help investors refocus on AI demand, data-center growth and the upcoming earnings report. However, prolonged scrutiny or uncertainty surrounding Huang’s position could keep NVDA shares volatile.
If NVDA stock sustains above $170, it may see a reversal toward $185-$190. However, a break below $165 could trigger a major fall toward $150.
The November 17 earnings report may provide an important counterweight to the controversy. Strong revenue growth and forward guidance could reinforce confidence in Nvidia’s underlying business, while weaker expectations could amplify existing concerns.

While the broader crypto market struggles to find direction, the Pieverse price has taken a different path, extending its rally since October 30. The token has climbed from around $1.00 to $1.66, with its latest daily session up more than 15%. The sustained advance has drawn attention to a relatively lesser-known project operating at the intersection of Web3 payments and the emerging AI-agent economy.
However, the rally raises an important question: what is driving PIEVERSE higher when much of the market remains under pressure?
PIEVERSE Price Analysis: Can Bulls Push the Token Above $1.70?
PIEVERSE is showing strong bullish momentum on the daily chart, with the token trading at $1.6666 after gaining 15.49% in the latest session. The recovery has pushed the price above the 0.618 Fibonacci level at $1.4303, bringing the 0.786 level at $1.7068 into immediate focus. A decisive move above this resistance could open the way towards the $2.0589 level, followed by the extended upside target at $2.5065.
However, the RSI climbed to 82.15, moving well above the 70 threshold and indicating overbought conditions. Although this reflects strong buying pressure, it also increases the possibility of profit-taking or a short-term correction. On the downside, $1.4303 is the first important support to watch, followed by the 0.5 Fibonacci level at $1.2362. Holding above these levels would help preserve the recent recovery structure. For now, bulls need to overcome $1.7068 to sustain the rally, while the elevated RSI suggests that further upside may not come without periods of consolidation.
Rising Open Interest Puts Traders on Alert
PIEVERSE’s latest rally is accompanied by a sharp increase in derivatives exposure, with aggregated open interest climbing to $37.49 million. The surge suggests that traders are adding positions as the token advances, potentially amplifying price volatility. Funding rates have also turned positive at 0.0198, indicating that bullish positioning is gaining traction in the perpetual futures market.
However, the CVD readings reveal a more complicated picture. Futures CVD remains deeply negative despite a slight recovery in its latest reading. In contrast, spot CVD has steadily climbed towards ~$3.66 million, suggesting that spot buying pressure has been improving. This divergence indicates that the recent rally is not being supported equally across spot and derivatives markets.
Liquidation data also shows recent activity on both sides, with the latest displayed readings at approximately $123,608 and $26,825. While this reflects increased volatility around the recent advance, it does not yet establish a sustained liquidation-driven short squeeze.
For now, the combination of rising open interest, positive funding and improving spot CVD supports the bullish price action. However, if open interest continues expanding while funding remains elevated, the market could become vulnerable to a leveraged long unwind if PIEVERSE fails to sustain its upward momentum.
Upcoming Token Unlock Raises Concerns Over Selling Pressure
Another factor that could influence PIEVERSE’s rally is its scheduled token unlock on November 14. Approximately 33.4 million tokens are expected to enter circulation, representing around 3.3% of the total supply. At the prevailing prices used in earlier estimates, the allocation was valued at roughly $32.5 million.
The additional supply could create selling pressure, particularly after the token’s sharp advance since October 30. Investors and early participants may look to realise profits, potentially increasing volatility around the unlock date. However, the impact will depend on the allocation recipients and whether they decide to sell or retain their tokens.
For now, the upcoming unlock adds another uncertainty to PIEVERSE’s bullish momentum. With the RSI already in overbought territory and derivatives exposure expanding, the market’s ability to absorb additional supply could become an important test of the rally’s strength.
Can PIEVERSE Price Sustain its Rally?
PIEVERSE price has demonstrated considerable strength despite uncertainty across the broader crypto market, supported by rising open interest, positive funding rates and improving spot buying pressure. However, the rally is also showing signs of overheating, with the daily RSI above 80 and leveraged exposure increasing.
The $1.7068 Fibonacci level is the immediate hurdle for buyers. A decisive breakout could extend the recovery towards $2.0589, while a rejection may bring $1.4303 and $1.2362 back into focus. The November 14 token unlock adds another factor that could influence market sentiment.

Coinbase, the largest U.S.-based cryptocurrency exchange, has secured full approval for a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC), giving its custody business a direct federal banking framework.
The approval moves Coinbase from conditional status to a fully chartered national trust company.
OCC Grants Coinbase Full National Trust Charter
The regulator’s records show that Coinbase’s application was received on October 3, 2025, approved on April 2, 2026, and took effect on November 6.
With this charter approval, Coinbase National Trust Company can offer regulated custody, fiduciary, and related payment services under federal oversight.
Coinbase Vice Chairman Ryan VanGrack said the approval builds on the company’s more than 14 years of experience protecting digital assets. He added that it strengthens the rules and oversight behind its custody business.
“We’ve spent years asking for clear rules and rigorous oversight.”
Coinbase also has a history of regulatory approvals in New York. It received its BitLicense from the New York Department of Financial Services in 2017, followed by a limited-purpose trust charter for Coinbase Custody Trust Company in 2018.
How Will the OCC Charter Benefit Coinbase?
The OCC’s National Trust Bank Charter could help Coinbase reduce costs, earn more revenue, and attract more large investors.
First, Coinbase could manage more of its crypto custody services through its own federally approved trust bank instead of relying on outside banking partners. This could help the company keep more of the fees it earns.
The charter could also make it easier for Coinbase to offer services involving stablecoins and digital assets, creating new ways to earn money.
It may also reduce the need to follow separate state rules, making compliance simpler and less costly.
Another major benefit is institutional trust. Pension funds, asset managers, and other large investors often need regulated firms to hold their assets. The OCC charter could make Coinbase more attractive to these clients.
Other Crypto Firms Seek OCC Approval
Coinbase’s move comes as more crypto companies seek direct access to the US banking system.
In December 2025, the OCC said it already supervised around 60 national trust banks. The wider US federal banking system held more than $17 trillion in assets and managed over $85 trillion.
Several crypto companies are also seeking national trust bank status, including Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos.

George Tung, founder of the CryptosRUs channel, has named the five altcoins he would hold for years. Asked on the Milk Road podcast how he would split $1,000 across five altcoins, Tung picked Ethereum, Solana, XRP, BNB and Hyperliquid.
Tung said the choice was easy. These are the coins most people in crypto already know, and they lead on users, usage, total value locked and institutional interest.
Big Names With Big Backers
Ethereum and Solana both have exchange-traded funds and companies buying them for their treasuries. Tung pointed to Tom Lee’s firm as one large Ethereum buyer. He said this kind of buying takes coins off the market over time.
XRP made the list partly because Ripple recently won a US bank charter and works with many financial institutions.
BNB has less interest from big institutions, but Binance’s network is huge and BNB burns tokens every quarter. Tung said he first bought BNB when it was under $5.
Why Hyperliquid Made The Cut
Hyperliquid is the biggest platform for perpetual futures trading, and Tung said its main strength is liquidity. On most decentralized exchanges, a $1 million trade can move the price sharply, sometimes by as much as 30%, according to Tung. Hyperliquid has enough money in its pools that big traders can avoid that.
Other platforms, including Binance’s Aster, are trying to compete, but Tung said Hyperliquid was first and still has the deepest liquidity. Other companies also build on top of it. Tung said crypto wallet Phantom launched futures trading through Hyperliquid and made more than $20 million in fees in its first year.
He also pointed to comments from the Trump administration and the CFTC about working with Hyperliquid to bring it back to US users.
Solana Leads Ethereum In Activity
Solana is still about 60% below its record high, but Tung thinks it is undervalued. According to Tung, Solana beats Ethereum on daily transactions, daily trading volume and revenue. Ethereum still leads on total value locked, mainly because most USDT and USDC stablecoins sit on its network.
He added that Solana’s new Alpenglow upgrade makes it faster for financial transactions. He said that the token dropped to about $8 after the FTX collapse and still recovered.
Not Sold On AI Tokens Yet
AI-linked coins such as Venice and NEAR have done well this year, but he is holding back. He said most of them simply offer access to open-source AI models, and their tokens mainly give users discounts or credits.
The analyst said he is waiting for an app that is truly powered by AI, runs on a blockchain and gives its token real use. “Once someone figures that out, that will be the next billion-dollar project,” Tung said.

Nvidia stock price is facing uncertainty this week after falling 9.25% in one session to close at $181.60. The stock later recovered around 3.5% to 4%, but remains nearly 20% below its October record high.
Investors are watching concerns about data center regulations, technology stock performance and recent reports involving CEO Jensen Huang to assess Nvidia’s next move.
Why Is Nvidia Stock Falling?
Concerns about stricter data center regulations are affecting investor sentiment. Possible restrictions on land use, electricity consumption and environmental impact could slow the expansion of AI infrastructure.
Investors are also booking profits after Nvidia’s strong rally. Weakness across technology stocks has added to the selling pressure.
Could Jensen Huang’s Controversy Affect Nvidia Stock?
Reports about Jensen Huang’s alleged affair have attracted attention on social media. Some investors are comparing the situation with past controversies involving executives at major companies.
Companies such as Alphabet, Microsoft and Amazon continued to grow after personal controversies involving their executives became public. However, these events do not establish a link between executive controversies and future stock performance.
There is currently no clear evidence that the reports involving Huang have affected Nvidia’s business or financial performance.
Will Nvidia Stock Recover This Week?
Nvidia could recover if buying activity continues and the broader technology market stabilizes. The $195–$200 range is the next major resistance zone. A sustained move above $200 could open the way toward $235.
A decline below $180 could increase selling pressure and push NVDA toward its next major support at $165. Investors should also watch Friday’s low. A break below this level could indicate that the recent recovery is losing strength.
Trading volume: Higher buying volume could support a recovery.
$200 resistance: A sustained move above this level could strengthen the bullish outlook.
$180 support: A break below this level could expose Nvidia to further losses.
Nasdaq performance: Further weakness in technology stocks could affect NVDA.
Nvidia Stock Outlook This Week
Nvidia’s price direction will depend on whether buyers can push the stock above $200 or sellers drive it below $180. A breakout could support a move toward $235, while a breakdown could bring $165 into focus.
For now, investors are watching these two price levels to determine whether Nvidia’s recovery can continue.

Gold and silver are showing signs of recovery after a recent sell-off, with both precious metals attempting to regain momentum amid shifting macroeconomic conditions. Gold is trading near $4,100 per ounce, while silver is holding around $52.58. The rebound comes as declining crude oil prices ease inflation concerns and weakness in the US dollar improves demand for precious metals.
However, stronger-than-expected US employment data have reinforced expectations of tighter Federal Reserve policy, creating uncertainty around the recovery. Three factors could determine the next direction for gold and silver.
Falling Oil Prices Ease Inflation Concerns
Lower crude oil prices are providing fresh support to gold and silver. Oil prices declined after US President Donald Trump indicated that further military strikes against Iran were unlikely as diplomatic discussions continued.
⚡ BIG UPDATE: Oil prices slide as Trump signals hopes of easing Iran tensions!#OilPrice #Trump #Iran #GlobalMarkets
— KioskBoy (@KioskB88720) November 9, 2026
Lower energy costs can ease inflationary pressure and reduce expectations that central banks will need to maintain restrictive monetary policies for longer. This could benefit gold and silver by reducing the opportunity cost of holding non-yielding precious metals.
However, geopolitical uncertainty remains a risk. Any renewed escalation in the Middle East or disruption around the Strait of Hormuz could push crude prices higher again, potentially reviving inflation concerns.
US Dollar Weakness Supports Precious Metals
The recent pullback in the US dollar is another factor supporting gold and silver. Since both metals are priced in dollars, a weaker greenback makes them relatively cheaper for international buyers. This can improve demand and provide support to prices.
However, the currency outlook remains closely linked to US economic data. October employment figures showed that the US economy added 165,000 jobs, exceeding expectations of 65,000.
The unemployment rate also declined to 4.1%. The stronger labour market has increased expectations of another Federal Reserve rate hike in December. Higher interest rates could strengthen the dollar and Treasury yields, creating fresh headwinds for precious metals.
US Inflation Data Could Determine the Next Move
Investors are now looking toward upcoming US inflation releases for clearer signals about the Federal Reserve’s next policy decision. The Consumer Price Index (CPI), due November 10, and Producer Price Index (PPI), scheduled for November 13, could influence expectations surrounding December interest rates.
Hotter-than-expected inflation readings may strengthen expectations of tighter monetary policy, supporting the dollar and potentially putting gold and silver under pressure. Conversely, softer inflation data could ease concerns about further rate increases and provide additional support to precious metals. This makes the upcoming inflation reports particularly important for traders assessing whether the current recovery can continue.
Can the Recovery Continue?
Gold’s ability to remain near $4,100 will be important for its short-term recovery. Sustained buying interest could help the metal regain upward momentum, while renewed dollar strength and higher rate expectations may limit further gains.
Silver faces a similar challenge around $52.58. Its next move will depend on whether buyers can maintain momentum alongside gold or whether broader market uncertainty triggers another round of selling.
Overall, the outlook for both metals remains closely tied to inflation expectations, Federal Reserve policy and geopolitical developments. While falling oil prices and dollar weakness are providing near-term support, stronger US economic data remain a potential obstacle.
The upcoming US inflation reports could provide the next major catalyst, determining whether gold and silver extend their recovery or resume their recent correction.

Bitcoin and US stocks declined last week as concerns over AI investments, rising interest rate expectations and market uncertainty affected investor sentiment. US stocks lost nearly $3 trillion in market value in a single trading session, while BTC price fell below $75,000 and briefly touched the $73,000 level.
The S&P 500 declined 2.7% for the week, while the Nasdaq fell 3.4%. Bitcoin ETFs recorded $1.28 billion in weekly outflows, while Ethereum ETFs saw approximately $365 million withdrawn.
The decline has raised concerns about whether the sell-off will continue this week. Investors are now watching US inflation data, Federal Reserve rate expectations and Nvidia’s upcoming earnings for further market direction.
Why Are US Stocks Falling?
Three factors contributed to last week’s decline in US stocks.
AI Data Centre Concerns
Investors are concerned that potential restrictions on AI data centre expansion could affect demand for chips and other technology infrastructure.
US election campaigns brought more attention to data centre construction, with candidates from both major parties raising concerns about its expansion.
These concerns affected semiconductor stocks. Micron fell 22%, Palantir declined 13%, while Oracle and AMD dropped around 11%. Nvidia also lost approximately 9%.
Higher Interest Rate Expectations
US employment data showed 165,000 new jobs in October, compared with expectations of 65,000.
The stronger jobs report increased concerns that the Federal Reserve could keep interest rates higher or consider another rate hike in December.
Higher interest rates can put pressure on technology stocks and other risk-sensitive investments.
Uncertainty Over AI Spending
Technology companies are investing billions of dollars in AI infrastructure, but investors remain uncertain about how quickly these investments will generate returns.
Concerns over borrowing costs and future profitability have increased selling pressure on AI-related stocks.
Why Is Bitcoin Falling Below $75,000?
Bitcoin price is facing pressure from the broader market decline and continued withdrawals from crypto investment funds. Bitcoin ETFs recorded $1.28 billion in weekly outflows, their largest weekly withdrawal since June. More than $840 million left these funds on Thursday and Friday.
Ethereum ETFs also recorded approximately $365 million in outflows, marking their sixth consecutive week of withdrawals.
Bitcoin traded above $80,000 on Wednesday before falling towards $76,000 and briefly touching the $73,000 area. The decline also affected market sentiment, with the Crypto Fear and Greed Index falling to 29.
Bitcoin Price Levels to Watch This Week
Bitcoin’s weekly candle closed near $74,851, below the $75,000 level and its 50-week moving average near $75,500.
The important levels are:
$76,200: Immediate resistance. A daily close above this level could support a move towards $77,400.
$75,000: Key level Bitcoin needs to reclaim.
$74,850: Immediate support.
$73,500–$73,200: Major support zone.
$69,000: Potential downside level if major support breaks.
A weekly close below $73,500 could strengthen the bearish outlook. However, a recovery above $76,200 could improve short-term sentiment.
Will Bitcoin and US Stocks Fall Further This Week?
Markets could remain under pressure this week as investors wait for US inflation data and further signals from the Federal Reserve.
US CPI inflation data, scheduled for November 10, is expected to increase from 3.7% to 3.9%. If inflation comes in higher than expected, investors may increase their expectations of higher interest rates. This could put further pressure on US stocks and Bitcoin.
A lower-than-expected inflation reading could support a recovery. Investors will also watch Nvidia’s earnings on November 17 to assess demand for AI chips and the outlook for technology spending.
What Could Decide the Market Direction This Week?
US CPI inflation will be the main event for financial markets. The reading could influence expectations for Federal Reserve policy and determine whether investors continue reducing risk.
Bitcoin’s ability to reclaim $75,000 and hold above $76,200 will also be important. A break below $73,200 could increase the possibility of further losses.
For now, both markets remain sensitive to interest rate expectations and concerns over AI investments. Whether the decline continues this week will largely depend on inflation data and how investors respond to it.

Bitcoin’s recovery is facing another test as the price struggles to move decisively above the $74,000 region. After bouncing from the 59,000–60,000 support area, BTC price climbed towards $88,000 before losing momentum and returning to its current trading range. The pullback has raised questions about whether the recovery has run its course or whether the market is preparing for another attempt at higher levels.
Two developments offer an interesting perspective on what could come next. Bitcoin’s liquidation map shows a considerably larger concentration of potential short liquidations above the current price, while the weekly chart presents a possible Elliott Wave structure in which BTC could revisit $65,800 before attempting another recovery.
Liquidation Map points to a Potential Short Squeeze
Bitcoin’s liquidation map reveals a notable imbalance between leveraged positions above and below its current price of $73,941. The cumulative short liquidation leverage climbs sharply as BTC moves towards higher price levels, reaching approximately $6.4 billion across the displayed range. In comparison, cumulative long liquidation leverage stands at roughly $1.5 billion below the current price.
This difference suggests that Bitcoin has a considerably larger pool of potential short liquidations overhead. If buyers regain control and push BTC higher, short sellers could be forced to close their positions by purchasing Bitcoin, potentially adding to the upward momentum.
The most notable liquidation clusters appear around the following levels:
$76,300 to $77,900: A major concentration of short liquidation liquidity, making this an important area to watch during a recovery.
$78,700 to $79,900: Another sizeable liquidity pocket that could attract price if buying pressure strengthens.
$81,100 to $82,100: A further cluster that could become relevant if BTC moves through the lower liquidity zones.
However, this positioning does not guarantee an immediate rally. Bitcoin still needs to attract sufficient buying interest to reach these levels. On the downside, a sustained decline could expose leveraged long positions to liquidation, adding to selling pressure.
Elliott Wave analysis: Why could Bitcoin revisit $65,800?
Bitcoin’s recovery from the 59,000–60,000 region towards $88,000 has lost momentum, bringing the possibility of another downside move into focus. Under the proposed Elliott Wave structure, the rebound represents Wave A of a potential A-B-C corrective pattern, with Wave B possibly extending towards $65,813.
The weekly chart’s momentum indicators add to this cautious outlook. The MACD line is approaching a bearish crossover with its signal line, suggesting that bullish momentum is weakening. Meanwhile, the DMI shows sellers holding a slight advantage, with -DI at 21.82 compared with +DI at 18.28. The ADX reading of 18.50, however, indicates that the prevailing trend lacks strong directional momentum.
A retest of $65,813 could therefore become an important point for Bitcoin’s recovery attempt. If buyers defend this support and push BTC higher, a potential Wave C could bring 88,000–90,000 back into focus, followed by $100,000 and the higher resistance near $110,250. However, a breakdown below $65,813 could expose the next support at $59,270, weakening the bullish corrective outlook.
The proposed A-B-C structure remains conditional, with the Wave B retest and subsequent price reaction needed to strengthen the interpretation.
Bitcoin Price Prediction for November 2026: Two Scenarios to Watch
Bitcoin’s next move will largely depend on whether buyers can defend the support levels identified in the Elliott Wave structure. While the liquidation map highlights substantial short-side liquidity overhead, the weakening momentum indicators leave room for another downside test.
Bullish scenario: If BTC holds above the $65,813 support region after a potential Wave B retest, buyers could regain momentum and initiate Wave C. A recovery above $88,000 to $90,000 would strengthen the outlook, with $100,000 and $110,250 emerging as higher resistance targets. A move through $76,300 to $77,900 could also expose the short liquidation clusters identified on the derivatives map.
Bearish scenario: If Bitcoin fails to defend at $65,813, selling pressure could intensify and push the price towards $59,270. A breakdown below this level would further weaken the proposed bullish corrective structure and raise questions about whether the broader decline has finished.
For now, the $65,813 support zone remains the key level to watch. Its reaction could determine whether Bitcoin is preparing for another recovery attempt or facing an extended correction.

Binance, the world’s largest crypto exchange, is facing a U.S. congressional deadline as Senator Richard Blumenthal demands records on its financial operations and compliance history.
The exchange, along with Tether, World Liberty Financial (WLFI) and Fight Fight Fight LLC, has until January 4, 2027, to voluntarily provide documents or face possible further action.
Binance Given January 4 Deadline
Senator Blumenthal set the new deadline after months of congressional requests that he says have not received enough cooperation.
In February, Blumenthal cited reports that around $1.7 billion in crypto transfers had moved to Iranian entities and Russia’s shadow fleet through Binance-linked activity.
Investigators are seeking records on Binance’s compliance systems, internal audits, suspicious transactions, wallet activity, and communications with regulators and government agencies.
They are also examining Binance’s use of Tether’s USDT and WLFI’s USD1 in transactions that may involve sanctions evasion, money laundering, and terrorist financing.
Tether, Trump-Linked Crypto Firms Under Investigation
The Senate investigation goes beyond Binance’s transaction records. It is also examining other crypto companies and businesses linked to the Trump family.
Tether is facing questions over the alleged use of USDT in Iran’s shadow banking network. A September Senate report reviewed 846 wallets linked to sanctions or asset seizures. It found that 84% had used USDT almost exclusively.
Meanwhile, WLFI and Fight Fight Fight are facing questions about foreign investments, company ownership, and possible conflicts of interest. Blumenthal previously raised concerns about a $500 million UAE-linked investment for a 49% stake in WLFI.
Meanwhile, WLFI and Fight Fight Fight must begin producing documents earlier, with an interim deadline set for November 30.
Blumenthal Could Gain More Power in January
The timing of the deadline is significant. Blumenthal is expected to become chair of the Senate Permanent Subcommittee on Investigations when the new Congress begins on January 3.
That means the January 4 deadline arrives just one day after the expected change in leadership.
Blumenthal has warned that failure to voluntarily provide the requested records could force the committee to consider alternative measures to obtain compliance.

The broader crypto market crash is putting XRP’s recovery prospects at risk, with the token struggling to hold above the crucial $1.10 support level. Selling pressure is intensifying as Binance trading data shows a deeply negative Cumulative Volume Delta (CVD), indicating that market sell orders are outweighing buy orders.
As bearish pressure spreads across the crypto market, can XRP price hold $1.10, or is another decline approaching?
Binance CVD Signals Stronger Selling Pressure
On-chain trading activity shows concern for XRP bulls. The latest Binance Cumulative Volume Delta (CVD) reading stands at approximately -4.33 million XRP, indicating that market sell orders are currently exceeding market buy orders.
CVD tracks the difference between aggressive buying and selling activity. A negative reading suggests that sellers are executing more market orders than buyers, reflecting stronger immediate selling pressure.
The 30-day average CVD stands near 0.70 million, highlighting a notable shift in trading activity compared with the recent average. This suggests that aggressive selling has become more pronounced on Binance.
XRP Price Analysis: Can Buyers Defend $1.10?
XRP’s latest price action shows a weakening short-term structure. After trading around the $1.10–$1.20 region, the token faced renewed selling pressure and moved toward the $1.10 support area. The latest decline also pushed the price below nearby support levels, suggesting buyers have struggled to maintain control.
The $1.10 region is now a critical area to watch. A sustained hold above this level could help XRP stabilize and attempt a recovery toward its previous trading range. However, a decisive breakdown could weaken the price structure further and expose the next major support near $0.99.
Is $0.99 the Next Support?
XRP’s near-term outlook remains cautious as weakening price action coincides with negative CVD readings. The combination suggests sellers currently have the upper hand, while buying demand has yet to show enough strength to reverse the trend.
A sustained defense of $1.10 could help XRP establish a base and encourage a recovery attempt. However, continued selling pressure and a failure to attract fresh buying interest could expose the $0.99 region.
A bullish shift would require more than a temporary price bounce. XRP needs to regain its lost trading range and show a meaningful improvement in buying activity to indicate that market control is moving back toward buyers.

The crypto market enters the week under pressure, with its global market cap falling by $150 billion to $2.57 trillion. Bitcoin has also dropped to a 12-week low near $73,510.
With US CPI and PPI reports, along with major company earnings, due this week, investors are watching closely for signs of what could happen next to the markets.
Key Events to Watch this Week
10 November: U.S. CPI and CoreWeave Earnings
The first major event arrives on Tuesday, when the US Bureau of Labor Statistics will release its October CPI report on November 10, 2026
Economists forecast annual headline inflation at 3.6%, slightly below the previous 3.7%, while monthly inflation could slow to 0.3%–0.4%, down from 0.6% in September. Core inflation is expected to stay steady at 0.3% monthly and 2.6%–2.7% annually.
A hotter-than-expected reading could strengthen the U.S. dollar and reduce hopes for easier monetary policy, putting additional pressure on Bitcoin and other risk assets.
The same day, CoreWeave (CRWV) is set to report its third-quarter 2026 results. The company is expected to report around $3.54 billion in revenue, up roughly 159% from the same period last year. This is within its earlier guidance of $3.45 billion to $3.60 billion.
However, Wall Street expects another quarterly loss of $1.16 to $1.53 per share, while options markets are pricing in a potential 21% move in the stock.
12 November: Initial Jobless Claims
Thursday brings another important signal for the Fed through initial jobless claims. Markets expect around 195,000 new claims, following last week’s surprisingly low 189,000 reading.
A strong labor market gives the Fed more room to keep rates higher for longer. Markets are already pricing in an 81% probability of a 25-basis-point rate increase at the December 9 meeting.
Meanwhile, Cisco and Applied Materials will report earnings after the market closes. Cisco is expected to post $18.12 billion in revenue, while Applied Materials is forecast to report $10.3 billion. The latter enters earnings after a sharp semiconductor sell-off.
13 November: U.S. PPI Report
The week will end with the US Producer Price Index (PPI) report for October, due on Friday, November 13, 2026. Economists expect monthly producer prices to rise 0.4%, slowing sharply from September’s 1.3% increase. However, annual PPI is expected to climb to 6.6%.
Core PPI, which excludes food and energy prices, is forecast to increase 0.3% month over month. The report will show whether price pressures on US producers are easing.
How Could the Crypto Market React?
These reports arrive as crypto sentiment remains weak. Bitcoin has already fallen more than 8% this month and is trading near $74,503. Spot Bitcoin ETFs also recorded $1.282 billion in net outflows last week, with BlackRock’s IBIT accounting for $1.209 billion.
Meanwhile, Ethereum has dropped 7.5% over the past week to around $2,128. Its spot ETFs saw $365 million in outflows, marking six straight weeks of withdrawals.
XRP has been among the hardest-hit major cryptocurrencies, falling 13% this week, including a 6% drop in a single day to around $1.09.