Ethereum liquidated short positions below $3,600 after briefly dropping to $3,200. Over $10 billion in ETH liquidity now sits between $3,600 and $4,500, creating conditions for a potential short squeeze. Whale accumulation and institutional buying have increased during the recent price decline.

ZCash dropped 14% in the past 24 hours, yet on-chain data suggest conditions for a potential recovery toward $1,000. Miner profitability remains strong, trading volume surged 138% to $4.61 billion, and spot investors accumulated $34.46 million worth of ZEC in 24 hours, signaling renewed market confidence.

ARK Invest purchased 48,454 BitMine shares valued at approximately $2 million on November 8, 2025, across three ETFs. The firm simultaneously sold 71,638 Tesla shares worth roughly $30 million. BitMine maintains 3.4 million ETH in its corporate treasury as part of its digital asset strategy initiated in April 2025.

The XRP Ledger has launched native Layer-1 smart contract testing on AlphaNet, its development-focused network. The implementation combines EVM-compatible contract patterns with XRPL's existing infrastructure, enabling developers to build decentralized applications directly on the ledger. Denis Angell, software engineer at XRPL Labs and Xahau, announced the milestone on November 7, 2025.

Bitcoin's Market Value to Realized Value ratio has dropped to 1.8, its lowest level in seven months. The threshold has historically indicated potential undervaluation zones. Data show miner confidence rising alongside network activity growth, suggesting accumulation may be strengthening despite recent price volatility.

Arthur Hayes, co-founder of BitMEX, explained that sovereign governments consistently favor gold over Bitcoin, while individuals increasingly embrace cryptocurrency for personal autonomy. He noted that central bank officials face minimal career risk when acquiring gold, whereas buying Bitcoin carries reputational exposure if prices decline sharply. Hayes attributed every major Bitcoin bull run to large-scale money printing by the U.S. and China, and noted that central banks began accumulating gold after the U.S. froze Russia's reserves in February 2022.

Worldcoin has surged 16.7%, climbing from $0.65 to $0.87 before settling at $0.82. The platform reached 1 million active addresses, marking 170% year-over-year growth, according to Token Terminal data. Trading volume jumped 136% to $338 million during the rally.

A Manhattan federal court declared a mistrial in the case against Anton and James Peraire-Bueno, two brothers accused of exploiting MEV-Boost software to extract $25 million from Ethereum in 12 seconds. The jury deadlocked after struggling to apply existing wire fraud and money laundering statutes to blockchain activity. Deliberations reportedly caused emotional distress among jurors, with some brought to tears.