SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

Concordium is the Layer-1 blockchain built for a new era of digital trust. With mandatory, privacy-preserving identity verification built into its consensus layer, utilizing zero-knowledge proof technology. Concordium also enables Protocol-level tokens that eliminate smart contract risks by being issued directly at the consensus layer, with built-in features that provide the infrastructure for compliance-ready use cases. At its core is Smart Money - programmable, identity-embedded, and compliance-ready value that powers trusted interactions across Web3. Smart Money enables frictionless exchange, automation, and verifiable trust by design. Unlike conventional blockchains, Concordium integrates trust, accountability, and privacy into its architecture from the ground up  bridging traditional systems and Web3 to build a transparent, sustainable digital future. The name Concordium comes from the Latin concordia—meaning harmony and agreement—a reflection of its mission to build infrastructure that embeds trust, privacy, and compliance into every interaction.

Concordium

Concordium ($CCD) is trending as the community highlights its recent partnership with bitcoin.com, anticipating increased attention and adoption of its privacy-focused, compliance-ready blockchain. Discussions revolve around Concordium's potential to lead in PayFi and its infrastructure play for real-world applications, with some suggesting it's undervalued and positioned for significant growth.

UNI is the governance token for Uniswap, an Automated Market Marker DEX on the Ethereum blockchain. The UNI token allows token holders to participate in the governance of the protocol. Key decisions such as usage of the treasury or future upgrades can be decided through a governance vote.

UniSwap

Uniswap ($UNI) is trending as the community discusses its potential for growth, driven by high annualized fees and strong fundamentals. The recent launch of the Ethereum Protocol Advocacy Alliance, aimed at shaping crypto regulation, is also sparking interest. Traders are closely watching for breakout opportunities and fee-sharing developments.

Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.  Why Litecoin? Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes.  ‘While this matters little to traders, miners who use hardware to run Bitcoin's network cannot switch over to Litecoin. This keeps bigger mining conglomerates away from Litecoin because they cannot easily optimize their profits by swapping to another coin, contributing to a more decentralized experience. Litecoin also has bigger blocks, and more coins in circulation, making it more affordable and swift when transacting,’ Investopedia explained.  As explained above, Litecoin can transact a lot faster than Bitcoin, but there are also a number of other characteristics that investors need to know before trading. Litecoin can handle higher volumes of transactions because of the capability of transacting faster and if Bitcoin attempted to transact on the scale of its altcoin, a code update would be needed. However, Litecoin’s blocks would be larger, but with more ‘orphaned blocks'. The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power.  Litecoin Technical Details: The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units.   Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However it is said that by the end of this year, Scrypt ASIC will enter the mass market.

Litecoin

Litecoin is trending with community members highlighting a recent price pump, while others suggest it's a bull trap. Discussions include potential breakouts, comparisons to other cryptocurrencies, and speculation about future price targets. Some community members point to Litecoin's fundamentals and adoption as reasons for optimism.

P8BCI Is the CCM Creator Capital Markets Creator token created by Nick Wray, intended to form a community for talking about his journey with ALS, his experiences with Telepathy BCI experiments, as well as his experiences and journey through the Solana blockchain, and cryptocurrency world of Web 3. In addition to this, prior to his progression of ALS Nick was an avid drummer, a creative, and an enjoyer of philosophical discussion - and enabled now by his BCI explores creating, and in addition to sharing his story, interacting with the community forming around his experiences.

Telepath8

Telepath8 is gaining attention as the community highlights the developer's innovative approach and technology. The connection between the developer and a prominent figure in the tech world is a key talking point. The project is receiving increased interest due to its unique development process.

Berkshire Hathaway, Inc. is a holding company, which engages in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, and retailing services. It operates through the following segments: Insurance, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy (BHE), Pilot Travel Centers (PTC), Manufacturing, McLane, and Service and Retailing. The Insurance segment includes the underwriting of GEICO, Berkshire Hathaway Primary Group, and Berkshire Hathaway Reinsurance Group. The BNSF segment involves the operation of railroad systems. The BHE segment focuses on regulated electric and gas utility, power generation and distribution, and real estate brokerage activities. The PTC segment consists of managing travel centers and marketing of wholesale fuel. The Manufacturing segment refers to industrial, consumer and building products, home building, and related financial services. The McLane segment covers the wholesale distribution of groceries and non-food items. The Service and Retailing segment relates to the provision of shared aircraft ownership programs, aviation pilot training, electronic components distribution, retailing businesses, automobile dealerships and trailer, and furniture leasing services. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.

Berkshire Hathaway Inc. - Ordinary Shares - Class A

Berkshire Hathaway is trending as investors discuss its massive cash reserves and potential investment strategies amid broader market concerns. Community members are analyzing recent earnings, potential buybacks, and comparing it to high-growth tech stocks. There's also speculation around potential acquisitions, particularly in energy and undervalued sectors.

Monero

Monero is trending as discussions swirl around its use as a privacy coin and community members express excitement over recent price movements. Some believe it will be a key player in a future digital landscape, with a few referencing its potential for high returns. The coin's strong privacy features continue to be a key point, with some anticipating increased adoption as users seek alternatives to more transparent cryptocurrencies.

Internet Computer (IC) is the world’s first blockchain that is capable of running at web speed at unrestrictive capacities. Built by the DFINITY Foundation, IC aims to recreate the web by supporting smart contract development at scale and changing the way people can interact using web services. Internet Computer aims to extend the public internet, so that it can be the world’s computing platform, in a decentralized manner. Internet Computer sets to revolutionalize the design of the crypto economy, with an aim to overhaul traditional software services.   The project was founded in October 2016 by Dominic WIllams and have raised a total of $121 million from investors such as Adreessen Horowitz, Polychain Capital, Multicoin Capital and such. On May 10, 2021, DFINITY launched the Internet Computer into the public domain, marking it a major milestone for ICP as it means the internet now functions as a decentralised global computer. This is marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token that allows tens of thousands of community members to govern the Internet Computer network.  ICP is Internet Computer's native token. It plays three prominent roles:  1. Network Governance: Users that participate in the governance will be rewarded with ICPI 2. Production of Cycles for Compute: ICP can be converted into cycles where it is used as the transaction fee to access the network. Cycles are burned after used. 3. Rewarding Users: ICP is used as the rewards to incentivize users to participate in the network such as securing the network.

Internet Computer

Internet Computer (ICP) is trending as crypto enthusiasts discuss its potential amid a recent surge, drawing comparisons to Zcash's impressive run. Community members are actively debating entry points, dip-buying strategies, and long-term prospects, while highlighting ICP's underlying technology and recent developments like Caffeine AI as potential catalysts. The conversation reflects a mix of bullish sentiment and caution, with some anticipating further upward momentum and others suggesting a possible pullback.

SSgA Active Trust - Health Care Select Sector SPDR

Health Care Select Sector SPDR Fund

XLV is trending as traders discuss potential breakout patterns and whether the healthcare sector is poised to challenge all-time highs. Bullish sentiment is fueled by rising A/D Line and MFI, suggesting accumulation by institutions, while some analysts point to attractive valuations relative to the broader market. Community members are actively monitoring technical formations like bullish pendants and head and shoulders patterns to gauge future price movement.

SSgA Active Trust - SPDR Dow Jones Industrial Average ETF

DIA is trending as traders assess recent market volatility and the potential impact of the ongoing government shutdown. Community discussions revolve around technical indicators, with some anticipating a downturn while others remain bullish, citing seasonal factors. Additionally, Berkshire Hathaway's AI initiatives have sparked interest, with some viewing the stock as undervalued.

Berkshire Hathaway Inc. - Ordinary Shares - Class B

Berkshire Hathaway is trending as investors weigh its performance amid broader market dynamics and AI-related discussions. Community chatter includes the company's massive cash position and speculation on potential buybacks or acquisitions, especially as Buffett's CEO transition approaches. Discussions also cover Berkshire's potential as a safe haven amid market uncertainty.

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<ul class="summary-bullets"><li>Altimeter CEO Brad Gerstner dismissed bubble concerns, comparing the AI boom to past long-term tech supercycles.</li><li>He said Altimeter’s position in Nvidia was “as large as it had ever been” heading into earnings.</li><li>The firm trimmed exposure in the AI bellwether last week as the rally in tech shares accelerated.&nbsp;</li></ul>Altimeter Capital CEO Brad Gerstner reportedly said the recent pullback in markets is “healthy,” adding that investors were due for a “breather” after months of relentless gains.“The Nasdaq’s gone up 40% off the bottom in April. The market was kind of looking for a reason for a breather,” Gerstner&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.cnbc.com/2025/11/07/altimeters-brad-gerstner-says-market-pullback-is-healthy-sees-no-bubble-in-tech.html">told</a> CNBC in an interview. “This week, what you saw across the market is everybody looking for an excuse to sell the trade.”&nbsp;<blockquote>“I think it’s healthy. We’re taking some of the air out of the bubble. There’s a wall of worry that stands in front of us.”– Brad Gerstner, founder and CEO, Altimeter</blockquote>U.S. equities were in the red during midday trade on Friday. The&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY) fell 0.35%, the&nbsp;<a href="http://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF</a> (DIA) slipped 0.22%, and the Nasdaq-100 tracking&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust</a> (QQQ) dropped 1.6%. Retail sentiment around QQQ on Stocktwits improved to ‘bullish’ from ‘bearish’ territory over the past day and was among the top trending tickers on the platform.&nbsp;<h2 class="st-heading-2">AI Supercycle Still Intact</h2>Even with the pullback, Gerstner rejected the notion that markets are in a bubble. He likened the current artificial-intelligence boom to past technology “supercycles” that ultimately exceeded early expectations despite short-term corrections. Altimeter manages public equity funds that primarily invest in technology companies.“My experience living through three supercycles — internet, social media, and cloud — they all ended up far bigger than we thought,” he said. “We’re going through this digestion phase. I think digestion is good, because that prevents the bubble that everybody was worried was forming. I don’t think we’re in a bubble.”<h2 class="st-heading-2">Altimeter Adjusts Tech Exposure Before Nvidia Earnings</h2>Gerstner said Altimeter’s position in Nvidia (NVDA) was “as large as it had ever been” heading into earnings, but the firm trimmed exposure last week as the rally in tech shares accelerated.&nbsp;“We rolled back our overall exposures at the end of last week because we felt like the market was pretty pumped up,” he said. “We see the consumer weakening, like everybody else sees, and I think the market could take a breather into the end of the year ahead of Q4 earnings.” Nvidia is set to report results on November 19.<a href="http://stocktwits.com/symbol/NVDA">Nvidia’s stock</a> was also among the top trending tickers on Stocktwits in midday trade. The shares fell nearly 3%, trading at around $182, after hitting a record high of $212.19 last week. Retail sentiment around the AI bellwether remained in ‘bullish’ territory, accompanied by ‘high’ levels of chatter, over the past day.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/xrp-btc-eth-extend-losses-despite-etf-boost-but-doge-defies-the-drop/cL2vv1bRETN">XRP, Bitcoin, Ethereum Extend Losses Despite ETF Boost But Dogecoin Defies The Drop</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Abstract image of bursting stock market bubble on a dark background.

Altimeter’s Brad Gerstner Says Markets Were Due For A ‘Breather’ After ‘Bubble’ Behavior: Report

In an interview with CNBC, Altimeter Capital CEO Brad Gerstner said the current market pullback is a “healthy” correction after strong gains.

Equity

<ul><li>The filing also revealed positions in Bitcoin ETF options, suggesting active derivative-based hedging or trading strategies.</li><li>The bank’s crypto exposure broadened to include stakes in GBTC, FBTC, and BITB, as well as Ethereum-based funds, including ETHE and ETHA.</li><li>JPMorgan also holds shares in crypto firms American Bitcoin Corp. and Bitmine Immersion Technologies.</li></ul>JPMorgan Chase (JPM) revealed in a regulatory filing on Friday that it holds 5.3 million shares of BlackRock’s Bitcoin ETF (IBIT), a position valued at roughly $343 million as of September 30.The disclosure, made in a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.sec.gov/Archives/edgar/data/19617/000001961725001081/xslForm13F_X02/Information_Table_09.30.2025.xml">filing</a> with the Securities and Exchange Commission (SEC), reflects a 64% increase in JPMorgan’s holdings since June. It also showed positions in Bitcoin ETF options, suggesting the bank is employing derivative strategies for hedging or trading purposes within the crypto sector.<a href="http://stocktwits.com/symbol/JPM">JPM’s stock</a> dipped 1.6% in midday trade on Friday, with retail sentiment on Stocktwits trending in the ‘bearish’ zone over the past day.<h2 class="st-heading-2">JPMorgan Expands Crypto Exposure</h2>The bank’s stance on digital assets continues to evolve. Once skeptical of cryptocurrencies, JPMorgan is&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/jp-morgan-to-let-clients-use-bitcoin-ethereum-as-loan-collateral-by-year-end/cLGJVtKR3sH">reportedly</a> planning to let clients use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans by the end of the year.&nbsp;While CEO Jamie Dimon has remained skeptical of the sector, his tone has softened. “I don’t think we should smoke, but I defend your right to smoke,” he said at JPMorgan’s investor conference in May, as per Koyfin. “I defend your right to buy Bitcoin, go at it.”The filing also showed that JPMorgan held stakes in several other Bitcoin ETFs, including the Grayscale Bitcoin Trust ETF (GBTC), Fidelity Wise Origin Bitcoin ETF (FBTC), and Bitwise Bitcoin ETF (BITB). The bank also reported positions in Ethereum funds such as the Grayscale Ethereum Trust ETF (ETHE) and iShares Ethereum Trust ETF (ETHA).The bank’s exposure extends into crypto equities as well, with shares in American Bitcoin Corp. (ABCT) and Tom Lee-backed Bitmine Immersion Technologies (BIMR), where it holds 1.9 million shares worth about $102.5 million.<h2 class="st-heading-2">Bitcoin Undervalued Against Gold</h2>Earlier this week, JPMorgan strategist Nikolaos Panigirtzoglou&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/jpmorgan-says-bitcoin-cheap-against-gold-eyes-170000-price-target/cL2tMzwRERj">said</a> Bitcoin remains undervalued compared to gold. His analysis highlighted the rising institutional adoption, improved liquidity in derivatives markets, and signs of structural maturity within the asset class, despite price swings and bearish sentiment.Panigirtzoglou’s comments follow a volatile period for Bitcoin, which is trying to hold $100,000 this week amid broader weakness in tech and risk assets.<a href="http://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> edged 0.7% higher in midday trade on Friday, trading at around $101,700. On Stocktwits, retail sentiment around the apex cryptocurrency trended in ‘neutral’ territory amid ‘high’ levels of chatter over the past day.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/xrp-btc-eth-extend-losses-despite-etf-boost-but-doge-defies-the-drop/cL2vv1bRETN">XRP, Bitcoin, Ethereum Extend Losses Despite ETF Boost But Dogecoin Defies The Drop</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

The JPMorgan Chase logo is seen at their headquarters building on May 26, 2023 in New York City. 

JPMorgan Reveals $343 Million Worth Of BlackRock’s Bitcoin ETF Holdings

The disclosure, made in a filing with the Securities and Exchange Commission, reflects a 64% increase in JPMorgan’s holdings since June.

White House economic advisor Kevin Hassett on Friday warned that the ongoing U.S. government shutdown is having far-reaching consequences on the economy, with growth for the fourth quarter now projected to be roughly half of the previously expected 3%."The impact on the economy is far worse than we expected because it's gone on for so long," he&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.foxbusiness.com/video/6384788889112">said</a> in an interview with Fox Business.Hassett cited the 38-day shutdown, the longest in U.S. history, as a primary driver of disruptions across multiple sectors, particularly government services and air travel. The Federal Aviation Administration has already implemented a 10% reduction in flights at 40 major airports, impacting both business and holiday travel.<h2 class="st-heading-2">Economic Growth Takes A Hit</h2>Hassett also warned that the compounding consequences extend beyond federal payrolls and travel, affecting construction projects, business deals, and hotel occupancy. These multiplier effects, he warned, could trigger localized economic slowdowns if the shutdown persists. &nbsp;Hassett expressed concern about the future of the government workforce, questioning whether the positions would remain attractive if shutdowns continue. “I wonder who's going to want these jobs if we don't get this solved quickly,” he said.<h2 class="st-heading-2">Ripple Effects Across Industries</h2>Hassett also warned of the compounding consequences, confirming that the shutdown is slowing construction projects and creating broader economic ripple effects, including delays in supply chains and disruptions to local economies.&nbsp;<blockquote>“If we go another month or so, who knows how bad the economy could be this quarter."– Kevin Hassett, Director of the National Economic Council</blockquote>On trade, Hassett said the administration is prepared for potential Supreme Court decisions on emergency tariffs and emphasized the importance of a top-down economic strategy to maintain momentum despite disruptions.He added that capital spending and productivity gains, especially from artificial intelligence, could support growth if the government reopens. He highlighted that AI is boosting productivity across sectors, increasing efficiency and wage potential, even as it disrupts some jobs.U.S. equities were in the red during morning trade on Friday. The&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY) was down 0.35%, the&nbsp;<a href="http://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF</a> (DIA) slipped 0.22%, and the Nasdaq-100 tracking&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust</a> (QQQ) moved 0.55% lower. However, retail sentiment around QQQ on Stocktwits improved to ‘neutral’ from ‘bearish’ territory over the past day, accompanied by ‘high’ levels of chatter.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/xrp-btc-eth-extend-losses-despite-etf-boost-but-doge-defies-the-drop/cL2vv1bRETN">XRP, Bitcoin, Ethereum Extend Losses Despite ETF Boost But Dogecoin Defies The Drop</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

National Economic Council Director Kevin Hassett speaks to reporters after attending a meeting at the U.S. Capitol Building on April 28, 2025 in Washington, DC. (Photo by Anna Moneymaker/Getty Images)

White House Advisor Reportedly Says Government Shutdown ‘Far Worse’ Than Expected – Warns Q4 Growth Could Get Cut In Half 

White House Advisor Kevin Hassett warned the shutdown could further damage economic growth if it continues another month.

Shares of Strategy (MSTR) were on track to hit a seven-month low in pre-market trade on Friday after the company announced that its new euro-denominated preferred stock would be priced at €80 per share.<a href="http://stocktwits.com/symbol/MSTR">Strategy’s stock</a> fell as much as 4.7% in morning trade amid weakness in the cryptocurrency market, with Bitcoin (BTC) testing the $100,000-mark. It was the top trending ticker on Stocktwits at the time of writing. Retail sentiment around the Bitcoin proxy on the platform remained in the ‘bullish’ zone over the past day, with chatter at ‘high’ levels.<h2 class="st-heading-2">Preferred Stock Offering Details</h2>Strategy announced the new international perpetual preferred stock on Monday after Executive Chairman Michael Saylor&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/strategy-plans-to-take-bitcoin-backed-credit-factory-global/cLGq2kvR3UD">hinted</a> that the company may take its Bitcoin-backed ‘credit factory’ global during the third-quarter (Q3) earnings call.&nbsp;The 10% Series A Perpetual Stream Preferred Stock (STRE) is non-voting and will be listed on the Euro MTF Luxembourg. Proceeds from the offering are intended for Bitcoin acquisitions and working capital – marking Strategy’s effort to extend its Bitcoin-linked financing into European markets, as Saylor had indicated.The offering includes 7.75 million shares. Based on the offering price, Strategy expects gross proceeds of roughly €620 million ($715 million), with net proceeds after underwriting discounts and estimated expenses of approximately €608.8 million ($702 million).The offering includes 7.75 million shares. Based on the €80 price, Strategy expects gross proceeds of roughly €620 million ($715 million), with net proceeds after underwriting discounts and estimated expenses of approximately €608.8 million ($702 million).Meanwhile, weakness in the cryptocurrency market and a volatile Bitcoin have also been weighing the stock down.&nbsp;<a href="http://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> has fallen 2.6% in the last 24 hours – dipping below the $100,000 mark for the&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bitcoin-dips-below-100-000-twice-in-a-week-is-the-bottom-in/cL2vytSRETM">second time</a> this week. On Stocktwits, retail sentiment around the apex cryptocurrency fell to ‘neutral’ from ‘bullish’ over the past day, even as chatter remained at ‘high’ levels.(Exchange rate: €1 = $1.16)Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/xrp-btc-eth-extend-losses-despite-etf-boost-but-doge-defies-the-drop/cL2vv1bRETN">XRP, Bitcoin, Ethereum Extend Losses Despite ETF Boost But Dogecoin Defies The Drop</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Strategy executive chairman and co-founder Michael Saylor speaks at the Bitcoin 2021 Convention at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. (Photo by Joe Raedle/Getty Images)

MSTR Stock Slides Toward Seven-Month Low After Strategy Sets €80 Preferred Stock Price 

The company is offering 7.75 million shares of 10% Series A Perpetual Stream Preferred Stock at €80 each.

Bitcoin (BTC) dipped below $100,000 for the second time this week as macroeconomic pressure continued to weigh on the cryptocurrency amid the ongoing government shutdown.Early Friday trade saw&nbsp;<a href="http://stocktwits.com/coins/bitcoin">BTC’s price</a> fall more than 3% to $99,800, according to CoinGecko data, after first dipping to $99,607 on Tuesday. The last time Bitcoin hit these levels was in late June, earlier this year.&nbsp;On Stocktwits, retail sentiment around the apex cryptocurrency dipped to ‘neutral’ from ‘bullish’ over the past day, as chatter remained at ‘high’ levels. The selloff mirrors weakness in AI stocks and broader tech indices, with the Nasdaq declining.<figure class="image"><img style="aspect-ratio:1252/121;" src="https://news.stocktwits-cdn.com/Screenshot_2025_11_07_084645_png_7f6ac2c261.webp" alt="Screenshot 2025-11-07 084645.png" width="1252" height="121"><figcaption>BTC retail sentiment and message volume on November 7 as of 8:45 a.m. ET | Source: Stocktwits</figcaption></figure>One bearish trader on the platform speculated that perhaps Bitcoin’s support level was now becoming the new resistance level. <stembedurl>https://stocktwits.com/Jutski_bipolar/message/635331782</stembedurl><h2 class="st-heading-2">Is This Bitcoin Bottom?</h2>According to crypto trader Scott Melker, known on social media as ‘The Wolf Of All Streets’, the bounce could be deceptive. He <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/scottmelker/status/1986753904256680080">warned</a> investors to watch for additional signals before assuming the bottom is in, pointing to historical price action.&nbsp;<figure class="image"><a class="st-link-external" href="https://x.com/scottmelker/status/1986753904256680080" target="_blank" rel="noopener noreferrer nofollow"><img style="aspect-ratio:581/510;" src="https://news.stocktwits-cdn.com/Screenshot_2025_11_07_081530_png_e7ec316733.webp" alt="Screenshot 2025-11-07 081530.png" width="581" height="510"></a><figcaption>Source: @scottmelker/X</figcaption></figure> On-chain analytics firm Glassnode reported in its weekly report that options data suggest continued fear among market participants. According to the firm, put-call volumes indicate little confidence in a stable bottom. “Bitcoin is retesting the $100,000 level after short-term holders have capitulated. Puts surged during the drop, then calls spiked as traders played the rebound near $100K. Even then, puts rose again, suggesting markets expect a retest, and remain hedged,” the report noted.The iShares Bitcoin ETF (<a href="https://stocktwits.com/symbol/IBIT">IBIT</a>) edged 1% lower at market open on Friday with retail sentiment on Stocktwits around the fund trending in ‘bearish’ territory over the past day, even as chatter was a ‘high’ levels. Similarly, the Fidelity Wise Origin Bitcoin Fund (<a href="https://stocktwits.com/symbol/FBTC">FBTC</a>) also dipped around 1% in morning trade, with retail sentiment around the ETF in the ‘bearish’ zone, accompanied by ‘high’ levels of chatter.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/xrp-btc-eth-extend-losses-despite-etf-boost-but-doge-defies-the-drop/cL2vv1bRETN">XRP, Bitcoin, Ethereum Extend Losses Despite ETF Boost But Dogecoin Defies The Drop</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

A sign advertises a Bitcoin ATM at a gas station on July 16, 2025 near Pasadena, California. (Photo by Mario Tama/Getty Images)

Bitcoin Dips Below $100,000 Twice In A Week 	– Is The Bottom In?

The last time Bitcoin hit these levels was in late June, earlier this year. 

Cryptocurrency

The last time Bitcoin hit these levels was in late June, earlier this year. 


<ul class="summary-bullets"><li>The token reached a seven-year high of $650 and was trading around $632 in early Friday trading.</li><li>ZEC’s market capitalization surpassed $10 billion, overtaking Monero to rank among the top 20 cryptocurrencies on CoinGecko.</li><li>Retail sentiment around ZEC on Stocktwits trended in ‘extremely bullish’ territory, accompanied by extremely high levels of chatter on Stocktwits.</li></ul>ZCash (ZEC) surged over 18% in the last 24 hours, breaking the $600 barrier for the first time since 2018 and pushing its market capitalization above $10 billion, even as the broader crypto market slid.<a href="http://stocktwits.com/coins/zcash">ZEC’s price</a> was trading at around $632 in early morning trade on Friday after hitting a seven-year high of $650. The token now ranks among the top 20 coins by market capitalization, overtaking Monero (XMR), according to&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/coingecko/status/1986695907895652815">data</a> on CoinGecko.Meanwhile, the rest of the cryptocurrency market declined 1.6% over the last 24 hours, with its market capitalization dropping to $3.4 trillion. Bitcoin (BTC) fell 2.8%, with retail traders wondering if it will be able to hold above $100,000.On Stocktwits, retail sentiment around the privacy coin trended in ‘extremely bullish’ territory, accompanied by ‘extremely high’ levels of chatter over the past day. ZEC was also among the top trending tickers on the platform among cryptocurrencies.&nbsp;<h2 class="st-heading-2">Why Is ZCash Pumping?</h2>A major unlock for Zcash came on October 1 when the project announced its decentralized on-ramp. The development became particularly relevant after Coinbase introduced a new session token authentication requirement that raised privacy concerns and wasn't compatible with Zashi's architecture.According to Stocktwits analyst Jonathan Morgan, this may be the beginning of a slow rotation into not just ZEC, but privacy coins as a whole.&nbsp; “Public ledgers looked noble in the brochure. Then regulators, chain data vendors, and a thousand subpoenas turned them into glass houses,” he wrote in Thursday’s newsletter, noting the tightening regulatory environment and KYC requirements on centralized exchanges.A&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.galaxy.com/insights/research/zcash-price-zec-near-intents-zashi-wallet-privacy-zero-knowledge-proofs">report</a> by Galaxy Digital pointed out more than 30% of the Zcash supply is now hidden from the public eye in private pools — an all-time high for this metric. Research analyst Will Owens noted that the Zashi wallet has simplified private transactions, encouraging more users to move their holdings off public ledgers.During the rally, annualized funding rates reached -141%, meaning shorts were paying longs nearly 0.4% every eight hours to maintain positions, according to Morgan. He said this could indicate heavy institutional shorting, sophisticated basis trades, or supply-demand imbalances triggering short squeezes.<h2 class="st-heading-2">ZEC Momentum Builds</h2>Thor Torrens, former advisor to the POTUS on the ZCash Advisory Panel, compared buying ZCash at $600 to buying Bitcoin (BTC) at $20, in a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/ThorTorrens/status/1986716466876723579">post</a> on X.&nbsp;<figure class="image"><a class="st-link-external" href="https://x.com/ThorTorrens/status/1986716466876723579" target="_blank" rel="noopener noreferrer nofollow"><img style="aspect-ratio:582/229;" src="https://news.stocktwits-cdn.com/Screenshot_2025_11_07_081001_png_fe0c79f6d8.webp" alt="Screenshot 2025-11-07 081001.png" width="582" height="229"></a><figcaption>Source: @ThorTorrens/X</figcaption></figure> Meanwhile, investor Gary Cordone <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/GaryCardone/status/1986624286618968321">noted</a> that ZCash has performed better than most miners, altcoins, and AI stocks in the last 3 months.&nbsp;<figure class="image"><a class="st-link-external" href="https://x.com/GaryCardone/status/1986624286618968321" target="_blank" rel="noopener noreferrer nofollow"><img style="aspect-ratio:568/546;" src="https://news.stocktwits-cdn.com/Screenshot_2025_11_07_080950_png_c6c7f29d43.webp" alt="Screenshot 2025-11-07 080950.png" width="568" height="546"></a><figcaption>Source: @GaryCordone/X</figcaption></figure>ZEC has gained nearly 1,300% over the past year and 350% in the past 30 days. High-profile endorsements, including Arthur Hayes’ $10,000&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/CryptoHayes/status/1982371104082596248">price target,</a> have fueled buying interest, although critics warn that past recommendations have coincided with profit-taking at peaks. Economist Lyn Alden has&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/LynAldenContact/status/1980098086912561485">warned</a> investors against “coordinated token pumps.”<h2 class="st-heading-2">Network Upgrades And Regulatory Outlook</h2>ZCash plans to further improve its protocol infrastructure. The upcoming Zebra 3.0.0 release candidate and Network Upgrade 6.1 aim to enhance privacy, scalability, and node performance, reinforcing its appeal to privacy-focused users, according to the company.According to blockchain analytics firm ZChain, shielded supply of ZEC has crossed 5 million. However, from 2027, new EU AML rules will ban anonymous crypto accounts and the use of privacy coins, presenting regulatory headwinds for ZEC.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/dow-futures-edge-lower-wall-street-worst-week-in-over-a-month/cL2vHVsRETK">Dow Futures Edge Lower With Wall Street Heading For Worst Week In Over A Month: TSLA, EXPE, ABNB, OPEN Among Stocks To Watch</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Representative image of a Cryptocurrency. (Photo by OsakaWayne Studios via Getty Images)

ZEC Breaks $600 Barrier, Hits $10 Billion Market Cap And Enters Top 20 Cryptos Amid Market Slump 

ZCash surged over 18% in the past 24 hours, breaking the $600 mark for the first time since 2018.

<ul class="summary-bullets"><li>Ethereum ETFs also reversed course with $12.5 million in inflows after six straight days of losses.</li><li>Bitcoin traded near $100,700, down 2.4% in the last 24 hours, while Ethereum slipped 3.4%.</li><li>XRP led losses among major tokens, dropping by more than 5%, while Dogecoin was the only top-10 token to gain.</li></ul>Ripple’s XRP (XRP) led losses, while Dogecoin (DOGE) was the only gainer among major tokens in early morning trade on Friday, even as Bitcoin (BTC) spot ETFs ended a six-day outflow streak.According to SoSoValue&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://sosovalue.com/assets/etf/us-btc-spot">data</a>, spot BTC ETFs saw $240 million in inflows on Thursday, breaking a&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/xrp-leads-crypto-rebound-while-bitcoin-etfs-log-second-worst-outflow/cL2tFCRREbx">streak of outflows</a> that began on October 29 and totaled more than $2 billion. Ethereum (ETH) spot ETFs also rebounded, drawing $12.5 million in inflows after six consecutive days of outflows amounting to nearly $1 billion.<h2 class="st-heading-2">ETF Inflows Offer Brief Relief</h2>Bitcoin and Ethereum, however, struggled to maintain their gains on Thursday as the cryptocurrency market continued to slow down.&nbsp;<a href="http://stocktwits.com/symbol/coins/bitcoin">Bitcoin’s price</a> dipped 2.4% in the last 24 hours, trading at around $100,700. On Stocktwits, retail sentiment around the apex cryptocurrency trended in ‘neutral’ territory even as chatter remained at ‘high’ levels over the past day.Meanwhile,&nbsp;<a href="http://stocktwits.com/coins/ethereum">Ethereum’s price</a> fell 3.4% in the last 24 hours, trading at around $3,280. Retail sentiment around the leading altcoin on Stockwits also trended in ‘neutral’ territory, accompanied by ‘high’ levels of chatter over the past day.The overall cryptocurrency market declined by nearly 2% over the last 24 hours, with its market capitalization dropping to $3.4 trillion. According to CoinGlass&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.coinglass.com/LiquidationData">data</a>, the market saw nearly $660 million in liquidations, with $450&nbsp;million&nbsp;from long bets and $208 million from short positions.<h2 class="st-heading-2">Analysts Diverge On Bitcoin’s Next Move</h2>According to JPMorgan analyst Nikolaos Panigirtzoglou, Bitcoin could&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/jpmorgan-says-bitcoin-cheap-against-gold-eyes-170000-price-target/cL2tMzwRERj">climb to $170,000</a> over the next six to 12 months, as it remains undervalued compared to gold following October’s record $1.9 billion liquidation event.Crypto analyst Scott Melker, known online as the ‘Wolf of All Streets,’ suggested Bitcoin may be nearing a short-term bottom. In a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/scottmelker/status/1986747632924995628">post</a> on X, he said the Relative Strength Index (RSI) indicates that selling pressure is easing, and a bounce could confirm a potential reversal.<figure class="image"><a class="st-link-external" href="https://x.com/scottmelker/status/1986747632924995628" target="_blank" rel="noopener noreferrer nofollow"><img style="aspect-ratio:931/984;" src="https://news.stocktwits-cdn.com/Screenshot_2025_11_07_064313_png_f211e65b24.webp" alt="Screenshot 2025-11-07 064313.png" width="931" height="984"></a><figcaption>Source: @scottmelker/X</figcaption></figure>Standard Chartered’s head of digital asset research, Geoffrey Kendrick,&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/standard-chartered-says-bitcoin-drop-below-100-k-inevitable-before-rebound/cLG5LWqR3qN">offered</a> a more cautious view, saying a drop below $100,000 appears “inevitable” but could mark “the last-ever chance” to buy Bitcoin under six figures.In contrast, gold advocate Peter Schiff reiterated that Bitcoin remains “ridiculously overpriced.” “The opportunity to sell Bitcoin above&nbsp;$100,000 won’t be available much longer,” he said in a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/PeterSchiff/status/1986747534409134535">post</a> on X.<figure class="image"><a class="st-link-external" href="https://x.com/PeterSchiff/status/1986747534409134535" target="_blank" rel="noopener noreferrer nofollow"><img style="aspect-ratio:923/783;" src="https://news.stocktwits-cdn.com/Screenshot_2025_11_07_064330_png_51be571c34.webp" alt="Screenshot 2025-11-07 064330.png" width="923" height="783"></a><figcaption>Source: @peterschiff/X</figcaption></figure><h2 class="st-heading-2">Altcoins Mixed As Sentiment Wavers</h2>Among the top 10 cryptocurrencies by market capitalisation, XRP led losses.&nbsp;<a href="http://stocktwits.com/coins/ripple">XRP’s price</a> dipped more than 5% in the last 24 hours, trading at around $2.20. However, retail sentiment around Ripple’s native token improved to ‘bullish’ from ‘neutral’ over the past day on Stocktwits.&nbsp;Solana (SOL) dropped 2.9%, while Binance Coin (BNB) and Cardano (ADA) posted marginal losses of 0.3% and 0.1%, respectively.<a href="https://stocktwits.com/coins/dogecoin">Dogecoin’s price</a>, meanwhile, gained 1% in the last 24 hours. Retail sentiment around the meme token edged higher on Stocktwits, but remained in the ‘bearish’ zone as chatter increased to ‘normal’ from ‘low’ levels over the past day.&nbsp;On the equities side, shares of Strategy (<a href="http://stocktwits.com/symbol/MSTR">MSTR</a>), the largest corporate holder of Bitcoin, fell 1.2% in pre-market trade. Meanwhile, shares of Ethereum-backed digital asset treasury (DAT) firm Bitmine Immersion Technologies (<a href="http://stocktwits.com/symbol/BMNR">BMNR</a>) edged 0.1% higher. Crypto-exchange Coinbase (<a href="http://stocktwits.com/symbol/COIN">COIN</a>) dipped 0.2%.&nbsp;Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/dow-futures-edge-lower-wall-street-worst-week-in-over-a-month/cL2vHVsRETK">Dow Futures Edge Lower With Wall Street Heading For Worst Week In Over A Month: TSLA, EXPE, ABNB, OPEN Among Stocks To Watch</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

A neon sign advertises a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland, on January 4, 2025.

XRP, Bitcoin, Ethereum Extend Losses Despite ETF Boost But Dogecoin Defies The Drop

Bitcoin ETFs saw $240 million in inflows on Thursday, ending a $2 billion outflow streak since late October.

The Google brand logo (logo, symbol, emblem) can be seen at the company's stand at the IAA Mobility (International Motor Show) in a hall at Messe München (Bavaria, Germany) on September 12, 2025.

Google Plans Rollout Of Ironwood AI Chips To Cloud Clients, Challenging Nvidia Dominance

Google said it plans to make its seventh-generation Ironwood TPUs available to Cloud customers within weeks.

<ul class="summary-bullets"><li>David Sacks’ comments follow OpenAI CFO Sarah Friar’s remarks about potential loan guarantees, which the company later clarified.</li><li>Sacks reiterated that competition, not federal intervention, should guide AI industry outcomes.</li><li>He also addressed what he called the “two biggest narratives” surrounding artificial intelligence.</li></ul>White House adviser David Sacks stated on Thursday that there will be no federal bailout for artificial intelligence companies.&nbsp;“The U.S. has at least five major frontier-model companies. If one fails, others will take its place,” he&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/DavidSacks/status/1986476840207122440">wrote</a> in a post on X. Rather than offering blanket support, Sacks emphasized that the government’s role will shift toward making infrastructure and regulation more efficient, especially in areas like permitting and energy generation.&nbsp;<figure class="image"><img style="aspect-ratio:895/239;" src="https://news.stocktwits-cdn.com/Screenshot_2025_11_06_120356_png_eb52d67e2b.webp" alt="Screenshot 2025-11-06 120356.png" width="895" height="239"><figcaption>Source: @DavidSacks/X</figcaption></figure>The goal, he noted, is a rapid build-out of AI infrastructure “without increasing residential rates for electricity.” This reflects a policy focus on unblocking constraints in power and permitting rather than direct subsidies.<figure class="image"><img style="aspect-ratio:900/424;" src="https://news.stocktwits-cdn.com/Screenshot_2025_11_06_120409_png_06995cf364.webp" alt="Screenshot 2025-11-06 120409.png" width="900" height="424"><figcaption>Source: @DavidSacks/X</figcaption></figure><h2 class="st-heading-2">OpenAI’s Comments Sparked The ‘Bailout’ Debate</h2>Sacks’ remarks came days after OpenAI CFO Sarah Friar&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.wsj.com/tech/ai/openai-isnt-yet-working-toward-an-ipo-cfo-says-58037472">discussed</a> the potential role of federal loan guarantees during The Wall Street Journal’s Tech Live conference. Friar said such guarantees could “really drop the cost of the financing” needed for the company’s infrastructure expansion.OpenAI later&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.marketwatch.com/story/how-will-openai-cover-its-heavy-spending-it-now-suggests-maybe-the-government-could-help-e1ca64f5">clarified</a> that it was not seeking any U.S. government loan guarantees. The company said the term “backstop” had caused confusion, and Friar subsequently emphasized that OpenAI’s funding plans rely on a mix of banks, private equity, and possibly some governmental support, rather than direct federal assistance.<figure class="image"><img style="aspect-ratio:571/261;" src="https://news.stocktwits-cdn.com/Screenshot_2025_11_06_125606_png_57f3c0ce70.webp" alt="Screenshot 2025-11-06 125606.png" width="571" height="261"><figcaption>Source: @DavidSacks/X</figcaption></figure>"Everyone in Silicon Valley understands that the way to win a technology race is to get the most users and developers on your platform," Sacks said In a <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/DavidSacks/status/1986491150593937524">video</a> Sacks uploaded alongside his comments. "Yet the anti-export lobby in Washington keeps inventing reasons why America’s friends and allies shouldn’t be allowed to build on the American."<h2 class="st-heading-2">Industry Bubble Or Superintelligence?</h2>Sacks also addressed what he called the “two biggest narratives” surrounding artificial intelligence. “One is that it’s a massive bubble—totally fake—and the other is that it’s about to give rise to superintelligence—totally real,” he wrote. “Both narratives can be fake (which is what I believe), but it’s very unlikely that both can be true.”<figure class="image"><img style="aspect-ratio:576/215;" src="https://news.stocktwits-cdn.com/Screenshot_2025_11_06_125537_png_73bc92a73e.webp" alt="Screenshot 2025-11-06 125537.png" width="576" height="215"><figcaption>Source: @DavidSacks/X</figcaption></figure>His comments hint at the broader debate about the sustainability of AI valuations and the limits of current technology.&nbsp;U.S. equities fell in midday trade on Thursday. The&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY) dipped 0.94%, the&nbsp;<a href="http://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF</a> (DIA) slipped 0.82%, and the Nasdaq-100 tracking&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust</a> (QQQ) dropped 1.65%. Meanwhile, retail sentiment around QQQ on Stocktwits improved to ‘bearish’ from ‘extremely bearish’ territory over the past day. AI stocks, which have moved unevenly since the start of November, continued their volatility during Thursday’s session. Palantir Technologies (<a href="http://stocktwits.com/symbol/PLTR">PLTR</a>) was down 5.5% in afternoon trade and among the top trending tickers on Stocktwits. AI bellwether Nvidia (<a href="http://stocktwits.com/symbol/NVDA">NVDA</a>) was also among the top trending tickers as its stock dipped 3.4%.&nbsp;Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/xrp-leads-crypto-rebound-while-bitcoin-etfs-log-second-worst-outflow/cL2tFCRREbx">Ripple’s XRP Leads Crypto Rebound, While Bitcoin ETFs Log Second-Worst Outflow Streak This Year</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

David Sacks, U.S. President Donald Trump's AI and Crypto Czar, appears during an announcement by U.S. President Donald Trump. (Photo by Andrew Harnik/Getty Images)

No Federal Bailout for AI, Says David Sacks — ‘If One Fails, Others Will Take Its Place’ 

Sacks highlighted infrastructure reforms, such as easing permitting and expanding power capacity, as the key policy lever.

<ul class="summary-bullets"><li>Over 200 million ENA tokens entered the market in early November, putting pressure on the price.</li><li>Around 45% of the total 15 billion ENA supply has been unlocked so far.</li><li>A full unlock of the tokens is expected by April 2027.</li></ul>Ethena's governance token (ENA) officially listed on Robinhood (HOOD) on Thursday, amid a major token unlock that has been pressuring the token's price during a volatile crypto market.<a href="http://stocktwits.com/coins/ethena">ENA’s price</a> has fallen roughly 80% from September highs above $1. The token slipped 2.7% in the last 24 hours, and was trading around $0.31 in the morning hours. Retail sentiment around the altcoin on Stocktwits continued to trend in ‘bearish’ territory over the past day.Ethena’s price could worsen if Bitcoin dips below $100,000, a psychological round number and support level, which would also drag the broader crypto market down with it.&nbsp;&nbsp;<figure class="image"><img style="aspect-ratio:624/71;" 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" width="624" height="71"><figcaption>ENA retail sentiment and message volume on November as of 9:50 a.m. ET | Source: Stocktwits</figcaption></figure><h2 class="st-heading-2">Token Unlock Schedule Adds Selling Pressure</h2>Tokenomist&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://tokenomist.ai/ethena">data</a> shows that over 200 million ENA tokens were released onto the market in early November, distributing approximately $60 million to core developers and the remainder to early investors.&nbsp;Of the total 15 billion ENA supply, 45.4% has been unlocked, which amounts to around 6.81 billion tokens. Another 5.99 billion tokens, or 39.9% of the supply, remain locked. The schedule for the remaining 2.02 billion tokens has yet to be finalized. Tokens will continue to enter secondary markets throughout 2026, with a full unlock scheduled for April 2027.A retail trader on Stocktwits celebrated ENA’s listing on Robinhood. <stembedurl>https://stocktwits.com/sanblue19/message/635168320</stembedurl><h2 class="st-heading-2">USDe Stablecoin And Fee-Switch Mechanism Offer Upside</h2>According to market watchers, the real driver behind Ethena is not the ENA token itself, but its USDe stablecoin. With $8.9 billion in total value, as per&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://defillama.com/stablecoin/ethena-usde">data</a> on DefiLlama, USDe generates yield by combining Ethereum (ETH) liquid staking derivatives with short perpetual contracts. It is the third-largest stablecoin on the market after Tether (USDT) and USD Coin (USDC).In September, Binance&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.coindesk.com/markets/2025/09/09/ethena-s-ena-rallies-to-7-month-high-on-binance-listing-fueling-usd500m-buyback-hopes">listed</a> USDe and enabled the protocol’s “fee switch,” triggering a $500 million buyback mechanism designed to support ENA’s price by removing tokens from circulation. BitMEX co-founder Arthur Hayes highlighted the move as potentially transformative. According to Arkham&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://intel.arkm.com/explorer/address/0x6cd66dbdfe289ab83d7311b668ada83a12447e21">data</a>, he currently holds over five million ENA tokens, valued at $1.5 million.While the Robinhood listing signals growing legitimacy for Ethena, its tokenomics remain a challenge. Billions of new ENA tokens flooding the market over the next two years could continue to suppress the token’s price.&nbsp;Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/xrp-leads-crypto-rebound-while-bitcoin-etfs-log-second-worst-outflow/cL2tFCRREbx">Ripple’s XRP Leads Crypto Rebound, While Bitcoin ETFs Log Second-Worst Outflow Streak This Year</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Ethena’s ENA Token Lists On Robinhood Amid Token Unlock Price Pressure

ENA’s price has dropped roughly 80% from September highs, trading near $0.31 on Thursday.