Ether is trading above $3,600 after adding 6% to its value over the weekend.
The coin could rally towards $3,900 as technical indicators flash bullish signals.
Strong derivatives markets signal a bullish trend
The cryptocurrency market is having a strong start to the week, and this has shown in the futures and options markets. The futures and options markets for Ethereum are very positive, with the total Open Interest (OI) in futures surging to about $40.11 billion across all exchanges, which is almost 11.5 million ETH in total exposure.
Data obtained from Coinglass revealed that Binance, the leading crypto exchange by daily trading volume, has the most open interest at $8.15 billion, while CME is close behind with $7.57 billion.
The growing volume suggests that more institutions are increasing their exposure to the Ethereum market.
In addition to that, the options market is also bullish, with Calls making up 65.05% of all open interest, while Puts account for 34.95%. There are almost 2.1 million ETH in call options and 1.13 million ETH in puts. This suggests that most traders are predicting a surge in Bitcoin’s price in the near term.
Traders are predicting a new all-time high price for Ether in the near term, with many of them expecting the leading altcoin to trade between $4k and $6k by the end of the year. At press time, ETH is trading above $3,600 per coin.
ETH eyes $3,900 as technical indicators shift bullish
The ETH/USD 4-hour chart is bearish and efficient as Ether has performed positively in recent days. The technical indicators have switched bullish on the 4-hour chart, suggesting a buying bias at the moment.
The RSI of 63 shows that buyers are currently in control, and Ether could soon enter the overbought region if the bullish bias continues. The MACD lines are also within the positive region, indicating a strong bullish bias.
If the recovery continues, ETH could rally towards the next major resistance level at $3,910 over the coming hours or days. An extended rally would allow Ether to hit the TLQ and major resistance level at $4,271.
However, if the market undergoes a correction, ETH could lose steam and drop to the Friday low of $3,197.
JPMorgan says Bitcoin is undervalued by $68K and now more attractive than gold.
BTC slips below $101K as job cuts, weak stocks, and ETF outflows weigh on sentiment.
Fed rate cut odds rise to 69%, but uncertainty keeps Bitcoin near key $100K level.
Bitcoin wavered below $101,000 on Thursday, slipping 2.4% as risk assets broadly declined.
The world’s largest cryptocurrency mirrored weakness in US equities, with both the S&P 500 and Nasdaq 100 moving lower amid renewed concerns over the economy and labor market.
Fresh data from employment firm Challenger, Gray & Christmas, revealed more than 153,000 job cuts in October, which is the highest for that month since 2003.
“October’s pace of job cutting was much higher than average for the month,” said Andy Challenger, the firm’s chief revenue officer.
The latest figures added to investor unease, particularly as the ongoing US government shutdown has delayed official employment reports. Analysts suggested the grim data could pressure the Federal Reserve to deliver more rate cuts to support the economy.
“The economy may need more interest-rate cuts from the Federal Reserve,” trading analysis firm The Kobeissi Letter wrote on X, calling the current environment “a new era of monetary policy.”
However, not all market observers are convinced the Fed will move again in December.
Singapore-based trading firm QCP Capital cautioned that a rate cut at the upcoming meeting is “not guaranteed,” noting that markets are pricing only 60–65% odds of a follow-up move.
According to CME Group’s FedWatch Tool, investors currently assign a 69% probability to a 0.25% reduction in December.
A prolonged policy pause, QCP added, could keep the US dollar firm and credit conditions tight — factors that typically weigh on Bitcoin and other risk-sensitive assets.
Institutional outflows pressure Bitcoin sentiment
Beyond macroeconomic concerns, Bitcoin also faces headwinds from waning institutional demand.
QCP Capital pointed to continued outflows from US spot Bitcoin exchange-traded funds (ETFs), which have totaled nearly $900 million over the first three days of the week.
The firm described the $100,000 price level as a key “psychological threshold,” suggesting that any stabilization in ETF flows could quickly shift sentiment — provided no new macro shocks emerge.
Market participants have maintained a cautious tone, with many traders eyeing a potential retracement toward the open “gap” in CME Group’s Bitcoin futures near $92,000 as a possible support level.
Despite the short-term weakness, analysts at JPMorgan see a longer-term opportunity in the recent decline.
JPMorgan says Bitcoin now undervalued relative to gold
In a note quoted by MarketWatch, JPMorgan analyst Nikolaos Panigirtzoglou and his team argued that Bitcoin is now more attractive than gold following its latest pullback.
The bank’s research suggested that the cryptocurrency had previously been “$36,000 too high compared with gold” at the end of last year but is now “around $68,000 too low.”
The shift marks a notable change in tone from the investment bank, which has historically viewed Bitcoin as a speculative asset.
The analysts indicated that Bitcoin’s relative undervaluation could make it appealing to investors seeking alternatives to traditional safe-haven assets.
While institutional outflows have dampened momentum in recent weeks, JPMorgan’s assessment provides a bullish counterpoint, highlighting that the cryptocurrency may have entered oversold territory compared with its long-term benchmarks.
As Bitcoin continues to trade around the $100,000 mark, market participants will be watching whether renewed institutional interest or dovish shifts in monetary policy can reignite the cryptocurrency’s rally in the weeks ahead.
Morpho faced a brief outage on Nov. 6, hitting indexers, backend systems, and the app UI.
Core lending/borrowing stayed online, but users struggled to load dashboards and live data.
Backend and indexers are restored, though frontend rendering remains impaired.
As bears thrive amid broader market indecisiveness, decentralized lending protocol Morpho suffered a momentary service disruption today, November 6.
According to the project’s status page, the event impacted backed systems, indexer performance, and application rendering, blocking user access to key features.
While the outage didn’t suspend crucial borrowing and lending activity, Morpho users are facing challenges when viewing real-time data and loading dashboards.
The team acted quickly to solve indexer and backend issues, but front-end rendering, which supports the user interface, remains down.
Rendering still impaired after backend restoration
Morpho developers stabilized address indexer delays and the backend system within hours after the incident.
These two components are crucial in managing transaction data and feeding it into application layers.
Nonetheless, the frontend rendering, responsible for showcasing protocol metrics and user data, continues to face outages.
Users are either encountering blank pages or outdated info when navigating their lending positions.
Most importantly, the incident didn’t impact funding or pending lending operations.
It is an infrastructural issue not linked to security or smart contracts.
About Morpho – an advanced DeFi platform
Morpho Network establishes itself as a reliable, open, and efficient protocol that enables users to borrow assets or earn yield smoothly.
Lenders can leverage the platform’s user-friendly, non-custodial vaults that optimize yield for depositors (automatically).
On the other side, borrowers can access liquidity through Morpho Markets, where they can borrow assets without third parties.
Furthermore, Morpho’s permissionless and flexible model permits businesses and developers to curate special vaults, build dApps using the protocol’s core architecture, and create advanced markets.
The openness has increased Morpho’s appeal in the DeFi lending landscape.
Recently, Morpho Vaults version 2 launched on Ethereum “to power the future of asset curation.”
The 1→100 moment for vaults is here.
Morpho Vaults V2 is a new open-source standard designed to power the future of asset curation.
Meanwhile, Morpho’s growing developer ecosystem and interconnected design mean technical glitches on the frontend can ripple across liquidity providers, integrated applications, and users.
Morpho connects with leading liquidity platforms like Compound, Aave, and the recently hacked Balancer, matching borrowers and lenders directly to improve yield.
Morpho Network operates in a high-stakes atmosphere where uptime and reliability are vital.
Even temporary frontend issues can frustrate borrowers and liquidity providers who rely on consistent visibility.
Nevertheless, the swift move to restore the backend demonstrates the team’s dedication to user-friendliness and accountability.
MORPHO price outlook
The native coin stayed relatively calm in the past 24 hours. It gained a mere o.7% to trade at $1.65.
Meanwhile, the 45% slump in daily trading volume indicates reduced interest from traders in MORPHO, likely due to broader market uncertainty.
Official Trump coin jumps 11.8% after Trump’s Bitcoin superpower remarks.
Whale activity and bullish charts fuel momentum above $8.00.
Republic deal talks hint at expanding TRUMP’s real-world utility.
The Official Trump coin is soaring once again, powered by a mix of political momentum, whale activity, and bullish technical signals.
Donald Trump has declared his vision of making the United States the “Bitcoin superpower,” and traders and investors are turning their eyes toward the politically charged digital asset that bears his name.
Trump’s pro-crypto stance sparks a market rally
The Official Trump coin has risen sharply, climbing over 11.8% in the past 24 hours to trade near $7.88, outpacing the broader crypto market’s decline of around 1.3%.
The move followed US President Donald Trump’s statement that he wants to turn the United States into “the Bitcoin superpower, the crypto capital of the world.”
President Trump described Bitcoin and digital assets as tools that “take pressure off the dollar” and help strengthen US competitiveness against China.
Those remarks triggered an immediate reaction across politically linked cryptocurrencies, including the Official Trump (TRUMP) memecoin.
On major exchanges such as Binance and Bybit, daily trading volume for TRUMP exceeded $1 billion, placing it among the day’s top performers.
Analysts note that the memecoin’s price surge coincided with a technical pattern that had been forming for months.
According to prominent analyst Captain Faibik, TRUMP confirmed a breakout from a long-term falling wedge pattern — a setup often seen as a bullish reversal.
The move above the upper trendline resistance has opened the door for potential upside targets between $18 and $20 if the momentum continues.
Whale activity and technical tailwinds boost the Official Trump coin price
Beyond politics, data from on-chain and derivatives platforms support a bullish narrative.
Whale wallets have shown renewed accumulation, with roughly $91 million in net inflows recorded over the past three days.
Open interest has doubled to $351 million, signalling heightened speculative activity.
Funding rates have also turned positive, indicating that long positions now dominate short bets.
From a technical analysis standpoint, the Official Trump price looks strong in the near term.
The meme coin recently bounced off its 50-day exponential moving average near $7.29 and broke above key resistance at $7.96 — the 61.8% Fibonacci retracement level.
Official Trump coin price chart | Source: CoinMarketCap
The Relative Strength Index (RSI) sits around 57, pointing to growing bullish momentum without yet entering overbought territory.
The MACD indicator remains in a positive crossover, confirming that upward momentum is intact.
However, some analysts caution that volatility remains high.
With roughly 80% of the Official Trump coin supply reportedly held by entities linked to Trump’s inner circle, concerns about centralisation and potential profit-taking persist.
A correction toward the 50-day EMA cannot be ruled out if short-term traders decide to lock in gains.
Expansion plans and policy links drive speculation
Adding to the excitement are reports that Fight Fight Fight LLC, the issuer behind the Official Trump coin, is in talks to acquire Republic.com’s US operations.
Republic is a major crowdfunding platform with over $3 billion in assets, and the rumoured deal could expand TRUMP’s use cases beyond its meme coin origins.
If confirmed, the acquisition could integrate the token into startup fundraising and payment systems, offering it a real-world function that few political coins possess.
For now, speculation about this potential deal, coupled with Trump’s pro-Bitcoin comments and talk of a US “strategic Bitcoin reserve,” has given traders plenty to bet on.
Outlook for the Official Trump coin price
The coming weeks will test whether the Official Trump coin price can sustain its breakout and build on the momentum from Trump’s latest remarks.
Key resistance, according to analysts, remains near $8.07, while holding above $6.64 will be crucial for maintaining bullish sentiment.
If enthusiasm surrounding US crypto policy continues to grow — and the Republic acquisition moves forward — the token could once again approach its July high near $11.92.
Bitcoin briefly fell to $100,000 after a sharp market-wide sell-off.
Over $1.6 billion in leveraged long positions were liquidated in 24 hours.
The crash was fueled by “risk-off” sentiment and Fed rate cut uncertainty.
The cryptocurrency market was rocked by a wave of forced selling late Monday, triggering a sharp downturn that saw Bitcoin briefly touch the $100,000 level and erased more than $1.6 billion in leveraged bullish positions.
The sudden deleveraging event, one of the largest since September, sent a shockwave across the digital asset space, with major altcoins like Ether, Solana, and XRP posting heavy losses as renewed macroeconomic fears spooked investors.
The core of the market’s turmoil was a massive cascade of liquidations. In the last 24 hours, more than $2 billion in crypto futures contracts were forcibly closed, with long traders—those betting on higher prices—accounting for nearly 80% of the losses at $1.6 billion, according to CoinGlass data.
This automatic selling pressure occurs when traders using borrowed funds see their positions move sharply against them, forcing exchanges to sell the assets to cover losses.
Macro headwinds and risk-off sentiment
The sell-off was fueled by a broader “risk-off” mood spreading across financial markets.
Analysts pointed to a combination of factors that are making investors nervous and prompting them to shed speculative assets.
“Recent speculation that the FOMC may pass on another rate cut this year, as well as concerns over tariffs, credit market conditions, and equity valuations, helped drive markets lower,” Gerry O’Shea, head of global market insights at Hashdex, said in an email to CoinDesk.
He added that Bitcoin’s price has also been affected by profit-taking from long-term holders, which he described as “an expected phenomenon as the asset matures.”
Bitcoin at a crossroads: a test of support
Following the plunge, Bitcoin staged a modest rebound to trade around $101,000. However, the token remains down 5.5% over the past day and more than 10% for the week.
The pain was more severe for altcoins, with Ether dropping 10%, while Solana and BNB lost 8% and 7% respectively.
Despite the sharp downturn, some analysts believe the long-term picture for Bitcoin remains positive.
“While $100,000 may be a psychologically important support level, we do not view today’s price action as a sign of a weakening long-term investment case for Bitcoin,” O’Shea said.
With the Federal Reserve’s next move uncertain and global risk appetite fragile, the coming days will be a crucial test for the market, determining whether Bitcoin can hold its current level or if another wave of forced selling is on the horizon.
DASH price surges over 150% as privacy coins attract renewed investor demand.
Aster DEX listing has boosted DASH liquidity and trading volume sharply.
Bulls now eye $150 target if DASH holds above the key $100–$120 support zone.
While the broader cryptocurrency market struggles under heavy selling pressure, DASH coin has emerged as an unlikely leader, staging one of the most remarkable comebacks in recent months.
The privacy-focused coin has surged more than 49% in the past 24 hours and over 150% in the past week, defying the downturn that has gripped most major coins.
Renewed investor interest in privacy coins, exchange listings, and strong technical momentum have all helped fuel DASH’s latest explosive rally.
Privacy demand ignites a surging DASH coin price
As Bitcoin and other leading assets face growing regulatory scrutiny, investors have increasingly turned to privacy coins such as DASH, Monero, and Zcash.
This shift in sentiment comes as governments prepare to tighten transparency and reporting standards ahead of 2026, prompting traders to seek digital assets with built-in privacy features.
DASH’s optional “PrivateSend” feature has drawn attention from long-term holders who view it as a hedge against excessive surveillance.
Notably, the privacy narrative has grown stronger in recent weeks, with capital rotation clearly visible in market flows.
Alongside Monero’s 23% and Zcash’s 26% gains, DASH’s performance stands out as investors pour into assets that promise discretion in transactions.
Adding to the bullish momentum, DASH coin was recently listed on Aster DEX, a decentralised exchange backed by Binance.
🚨 New Perp Listings Alert!$ZK and $DASH are live on Aster Perpetual with up to 5x leverage. Trade now to enjoy a 1.2x symbol boost until 23:59 UTC 9 Nov.
The listing introduced 5x leveraged perpetual trading, dramatically increasing liquidity and visibility for the coin.
Trading volume skyrocketed to over $2 billion in 24 hours, up 156% from the previous day, while open interest in derivatives surpassed $100 million — the highest level in years.
This surge in speculative activity signalled not only renewed trader confidence but also growing belief in DASH’s longer-term value proposition.
Breakout confirms technical reversal
From a technical perspective, DASH has broken out of a prolonged 968-day downtrend, climbing from the $50 region to above $130.
All major exponential moving averages (EMAs) — the 20, 50, 100, and 200 EMAs — are now aligned in bullish formation, confirming a strong uptrend.
Momentum indicators, however, suggest caution.
The relative strength index (RSI) recently peaked above 93, signalling overbought conditions after the coin’s parabolic rise.
Despite this, the $100 to $120 range is viewed as a critical support zone. If bulls can defend this level, DASH could extend its rally toward $150 and possibly $170–$180 in the near term.
Conversely, a drop below $100 may invite profit-taking and push the price toward $85–$90, areas that coincide with key Fibonacci retracement levels.
Whale accumulation has also played a significant role in the latest surge.
According to Illia Otychenko, a lead analyst at CEX.IO, the top 100 DASH wallets now hold nearly 37% of the total supply — the highest concentration in a decade.
This accumulation trend reflects growing confidence among large holders that the coin’s revival could mark the beginning of a longer bull cycle.
Market sentiment remains bullish but fragile
Despite the overheated indicators, the overall sentiment around DASH remains firmly bullish.
The coin’s rally has been supported by broader momentum within the privacy coin sector, rising derivatives activity, and expanding cross-chain integrations through the Maya Protocol.
On-chain inflows recently hit a multi-month high of $4.2 million, suggesting a fresh wave of accumulation and renewed faith in the project’s fundamentals.
However, the broader market backdrop remains uncertain. Bitcoin’s 17% monthly drop and a crypto fear index reading of 27 underline the cautious mood across digital assets.
For DASH, holding above $120 in the coming sessions will be crucial to sustaining its breakout and confirming a trend reversal.
In the near term, traders should watch closely to see whether the DASH price can consolidate above $130 and turn resistance into support.
If the privacy narrative continues to attract capital and liquidity remains high across exchanges, DASH could retain its leadership among privacy coins even as the rest of the market struggles.
Decred price jumped to highs of $65 before paring gains to a key support level.
Gains came as privacy coins Zcash and Dash also spiked to the defy broader market dump.
DCR could target $100 next after hitting the four-year highs.
As top coins slip to or below key levels, Decred (DCR) and a few others have bucked the trend with notable spikes.
The widespread cryptocurrency market slump has seen Bitcoin, Ethereum, and XRP fall sharply, yet Decred is soaring to heights not witnessed since 2021. All this comes as Zcash and Dash stand out amid the ongoing resurgence of privacy-focused assets.
Decred jumps to 4-year high of $65
Decred’s price exploded more than 150% in 24 hours to touch a four-year peak above $65, with this coming amid a broader crypto downturn.
The breakout follows bulls decisively breaching the resistance of a long-term falling wedge, with $40 a key level that allowed DCR to hit highs of $65.78. While the pattern remains in place on the longer term time frame, a little paring of gains has Decred price near $40 and risking profit taking flip.
What fueled the early Tuesday surge was a staggering increase in trading volume, which skyrocketed over 1,100% to over $172 million. It offered a glimpse of the sharp buyer interest in the coin as privacy coins see traction.
Zcash, Dash also surge
Decred’s gains mirrored a broader revival in the privacy coin sector, where Zcash (ZEC) and Dash (DASH) have recently defied bears. In October, Zcash and Dash both rose to key levels, the ZEC spike seeing the altcoin hit 7-year highs.
While Zcash has been the frontrunner in this pack, privacy coins such as DASH, Railgun, Horizon, Tornado Cash, and Verge have notched gains.
Can Decred price go to $100 next?
What privacy coins’ collective rally speaks to is a market rotation, with assets offering financial anonymity and robust fundamentals attractive.
In this case, Decred stands out for its hybrid proof-of-work and proof-of-stake model, which emphasizes decentralized governance and enhanced security.
The project recently highlighted its privacy credentials, noting non-custodial peer-to-peer mixing with post-quantum encryption. Users can mix coins while staking for untraceable histories and anonymous governance.
Also key is DCR’s finite 21 million coin cap, pointing to a potential supply shock as holdings on exchanges like Binance continue to decline.
Analyst Captain Faibik pointed to a potential spike in DCR price.
While currently trading at $40.24, Decred still has potential for strong upward momentum.
However, bulls have to show they are firmly in control by maintaining support above the $40 level. This could pave the way for further gains, potentially targeting $70 or beyond. Bulls hitting $65 means a fresh rally could bring $100 into play.
On the flipside, $32 and $25 could be key demand reload zones.
DOGE is the worst performer among the top 10 cryptocurrencies by market cap, down 7.5% in the last 24 hours.
The bearish performance comes as BTC and other major cryptos underperform.
DOGE leads the market flush
The cryptocurrency market has underperformed over the weekend, with Bitcoin’s price dropping below the $108k mark. As usual, memecoins suffered the heaviest blow, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) all recording huge losses in the last 24 hours.
On-chain and derivatives data suggest that large wallet investors and retailers are reducing their risk exposure to Dogecoin and other leading memecoins, boosting the supply pressure.
Data obtained from CoinGlass shows the futures Open Interest (OI) for Dogecoin, the notional value of all outstanding futures contracts, is down by 2% over the last 24 hours, reaching $1.70 billion. A decline in OI value suggests that the traders are reducing risk exposure by lowering leverage or closing positions.
Furthermore, on-chain data reveal that interest from large wallet investors is decreasing in memecoins. DOGE investors with over 100 million tokens have remained flat since the start of the month.
DOGE could retest the monthly support at $0.15
The DOGE/USD 4-hour chart is bearish and inefficient as the memecoin has failed to rally in recent weeks. The technical indicators are extremely bearish at the moment, suggesting further selling pressure.
At press time, DOGE is trading at $0.175, down 7.5% in the last 24 hours. The bulls failed to hold the price above the $0.17816 support level, marked by the October 11 low, with current price action suggesting further downward movement.
A daily close below this level could see DOGE dip towards the $0.15009 level, marked by the October 10 crash. The MACD lines are within the negative territory, while the RSI of 40 both suggests a bearish bias.
However, if the bulls push DOGE’s price above the $0.17819 level by the end of the day, the memecoin could hit Sunday’s high at $0.18884 over the next few hours.
Toncoin price surges after Binance-Telegram payment rollout and Chainlink CCIP extension.
Chainlink CCIP links TON to 60+ blockchains for seamless DeFi access.
Toncoin holds above $2.25 as projections point to a possible $3 breakout.
Toncoin price has surged, fueled by strong adoption news and strategic technological integrations, with Chainlink playing a central role in expanding TON’s reach across the blockchain ecosystem.
The cryptocurrency has seen a notable uptick, driven by both real-world utility developments and enhanced cross-chain capabilities.
A key driver behind TON’s recent performance is its adoption of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Data Streams.
.@ton_blockchain, the L1 bringing Web3 to Telegram’s 900M+ users, is adopting Chainlink CCIP as the canonical cross-chain infrastructure for its native token TON, making it a Cross-Chain Token (CCT) to be transferable across leading blockchains.https://t.co/4hnmUOptun
This move positions TON as a Cross-Chain Token (CCT), allowing seamless transfers of Toncoin across more than 60 leading blockchain networks.
Beyond facilitating token mobility, Chainlink’s Data Streams provide low-latency, real-time market data, enabling developers to build advanced decentralised finance (DeFi) applications with institutional-grade reliability.
The integration addresses a longstanding challenge for TON: liquidity fragmentation.
By connecting TON to the broader multi-chain ecosystem, Chainlink helps create a composable, interoperable environment where assets, protocols, and liquidity can flow freely between chains.
This expansion also opens opportunities for developers to attract capital from Ethereum, Solana, and other ecosystems, elevating TON beyond a niche within the Telegram network into a serious contender in the multi-chain DeFi landscape.
The total value locked (TVL) growth on TON-based decentralised exchanges such as STON.fi and Dedust will serve as key indicators of how effectively the integration translates into tangible network activity and economic impact.
TON adoption gets a boost from Binance and Telegram
This integration allows users to spend Toncoin directly via QR codes while merchants receive pesos instantly.
With Telegram boasting over 1 billion users globally, this adoption represents a significant step in bridging cryptocurrency with real-world transactions.
In countries facing high inflation, such as Argentina, this kind of utility makes TON particularly attractive as a payment alternative.
Market observers are keenly watching adoption metrics in Argentina, as well as potential expansion into other regions with similar economic dynamics, including Turkey and Nigeria.
This integration not only increases TON’s real-world utility but also strengthens its position as Telegram’s default blockchain, a factor likely to sustain demand over the medium term.
If usage of TON for payments grows consistently, it could translate into higher stability and further price appreciation, potentially pushing Toncoin beyond its current resistance levels.
Toncoin price reacts to technical and adoption catalysts
Toncoin price recently broke through the $2.25 resistance, reaching a high of $2.28, signalling strong technical momentum.
While short-term traders have responded to this breakout, trading volume has slightly decreased, dipping to $209 million, raising questions about the sustainability of the rally.
Despite this, the MACD histogram has turned positive, and the price remains above the 7-day moving average, suggesting a healthy short-term trend.
Market analysts have identified the next potential resistance at $2.36, with targets as high as $3 if trading volume picks up.
In the longer term, Toncoin could even reach $5.30, particularly if adoption of TON in real-world payment systems expands and the Telegram ecosystem continues to support innovative blockchain features.
With November approaching, historical data indicate that TON often posts positive monthly performance, adding further optimism to its trajectory.
Jiuzi commits up to $1B and 10,000 BTC to SOLV’s DeFi yield platform.
The partnership bridges TradFi compliance with DeFi Bitcoin finance.
JZXN shares have surged over 17% following the strategic announcement.
Jiuzi Holdings, Inc. (NASDAQ: JZXN) has unveiled a sweeping $1 billion Bitcoin finance initiative through a strategic partnership with SOLV Foundation, a decentralised finance (DeFi) platform managing more than $2.8 billion in total value locked.
The move positions Jiuzi as one of the few Nasdaq-listed firms actively bridging traditional finance (TradFi) with DeFi to create compliant, yield-generating Bitcoin products for institutional investors.
10,000 Bitcoin commitment to SOLV’s flagship SolvBTC.BNB vault
The partnership will see Jiuzi allocate up to $1 billion from its digital asset plan into Bitcoin staking and yield-focused blockchain products.
Central to the strategy is a commitment of up to 10,000 Bitcoin to SOLV’s flagship SolvBTC.BNB vault on the BNB Chain — one of the largest Bitcoin yield platforms in the ecosystem.
The assets will be safeguarded by regulated third-party custodians and verified through Chainlink’s proof-of-reserves auditing system, ensuring transparency and institutional-grade security.
This marks a pivotal moment for Jiuzi Holdings, which is best known for its new energy vehicle infrastructure business in China.
The company has been steadily diversifying into blockchain finance, and its partnership with SOLV Foundation signals a deepened commitment to positioning Bitcoin as a productive, yield-bearing asset rather than a passive store of value.
Building a compliant bridge between TradFi and DeFi
Jiuzi and SOLV have emphasised that the partnership will operate under strict compliance with US Securities and Exchange Commission (SEC) regulations and Nasdaq listing standards.
The collaboration will establish a joint Steering Committee composed of senior representatives from both organisations.
This committee will develop and oversee Bitcoin-centric DeFi initiatives, including expanding the adoption of SolvBTC across additional blockchain networks such as Solana and Base.
By combining Jiuzi’s regulatory standing and institutional access with SOLV’s on-chain expertise, the partnership aims to create a secure, transparent, and scalable financial framework for Bitcoin-based products.
Both companies view the collaboration as a model for how regulated capital can participate safely in decentralised yield markets.
Optimising treasury strategy through blockchain
Beyond its yield products, Jiuzi will anchor its corporate treasury around Bitcoin as its primary digital asset.
The firm’s Bitcoin holdings, including those of its subsidiaries, will be deposited on SOLV’s platform and managed under the supervision of approved custodians.
This approach is designed to maximise capital efficiency while maintaining visibility and accountability through blockchain-based auditing tools.
Li Tao, Chief Executive Officer of Jiuzi Holdings, described the partnership as “a transformative step forward” that strengthens the company’s Bitcoin vault strategy and aligns it with one of the most advanced ecosystems for Bitcoin liquidity and staking.
SOLV Protocol co-founder Ryan Chow added that the partnership merges Jiuzi’s regulatory stature with SOLV’s expertise in managing large-scale Bitcoin assets, paving the way for secure institutional capital flow into DeFi.
Notably, the news of the partnership sparked a sharp rally in Jiuzi’s stock, with shares surging more than 22% in trading following the announcement.
Investors responded positively to the company’s expansion into digital asset finance, recognising the potential for Jiuzi to play a pivotal role in institutional Bitcoin adoption.