Large Bitcoin holders have reversed their market stance, with one whale closing a 1,000 BTC short position at a $1.6 million loss before opening a 3× leveraged long. Another wallet entered a 20× long position totaling 563.68 BTC worth over $51 million. Analysts identify $84,570 as critical support and $112,340 as the next resistance level that could shape Bitcoin's near-term trajectory.

Prediction market Polymarket puts the probability of Bitcoin returning to $100,000 before year-end at exactly 50%. Bitcoin currently trades at $91,431 after posting a 5% weekly gain. Macro analysts expect weakening U.S. dollar conditions could support cryptocurrency prices.

XRP reserves on Binance have dropped to approximately 2.7 billion tokens, the lowest level in months and down sharply from early October levels. U.S. spot XRP ETFs recorded over $21 million in net inflows on Wednesday, data show. Analyst EGRAG CRYPTO places a 55% probability on a full breakout based on current chart structure.

Robinhood and Susquehanna International Group secured controlling ownership of LedgerX, a federally licensed derivatives clearinghouse. The acquisition provides Robinhood immediate regulatory approval to operate futures and event-based contracts. The move positions the platform to compete directly with Kalshi, Polymarket, and Coinbase in the expanding prediction markets sector.

Bitcoin fell below its 730-day simple moving average near $81,250, marking the first breach of this multi-cycle support level in the current cycle. Market strategist Ali Martinez noted that this metric historically separates bull markets from bear phases. The $85,000–$86,000 range now represents critical resistance that will determine whether the asset recovers or extends losses toward the high-$70,000s.

Citi and Swift have successfully tested a Payment-versus-Payment model that settles fiat currency and blockchain assets simultaneously. The trial used smart contracts to enhance Swift's existing network rather than replacing traditional banking infrastructure. The breakthrough addresses a key bottleneck in institutional digital asset adoption by eliminating settlement risk between traditional and on-chain transactions.

Cash App plans to transition money transfers to blockchain infrastructure in early 2026. Users will send digital dollars instantly through stablecoins without requiring crypto expertise. The initial deployment will utilize USDC on Solana.

Ethereum has reclaimed the $3,000 level after declining to $2,885 earlier this week. The recovery is driven by three emerging catalysts: the Fusaka network upgrade scheduled for December 3, BlackRock's staking ETF filing on November 19, and sustained whale accumulation exceeding 21,000 ETH in recent sessions. Network volumes increased 14.7% in the last 24 hours, data show.

Bitcoin is trading around $91,800, up 1% in the past 24 hours but down 11.3% over the week. The modest rebound follows sharp intraday sell-offs as spot volumes thin and momentum indicators on multi-day charts weaken. Short-term holders continue aggressive loss realization, a pattern typically seen in early downtrend phases.