November 6, 2025 | 06:39Bitwise Chief Investment Officer Matt Hougan believes Bitcoin’s recent sell-off below $102,000 represents ‘max desperation’ among retail investors rather than fundamental weakness. While small traders are hitting breaking points, institutional investors continue adding positions through Bitcoin ETFs. This divergence between retail panic and institutional confidence could fuel Bitcoin’s next rally.
about Bitwise CIO: Bitcoin Sell-Off Signals Final Retail Panic PhaseGrayscale Bitcoin Trust
DCG Sues Genesis Over $105M Promissory Note Dispute
DCG is suing Genesis Global Capital to recover $105 million linked to a $1.1 billion promissory note issued after Three Arrows Capital’s (3AC) collapse. Genesis had lent $2.36 billion to 3AC, which defaulted, prompting DCG to issue the note in 2022 to stabilize Genesis. DCG now claims that recoveries from 3AC’s collateral, including Grayscale Bitcoin Trust shares, have nullified the debt, while Genesis disputes this, arguing DCG is reneging on contractual obligations. The lawsuit adds to existing legal tensions, as Genesis previously accused DCG of fraud in a separate $3.1 billion case.
about DCG Sues Genesis Over $105M Promissory Note DisputeDCG Sues Genesis Over $1.1B Loan Dispute
Digital Currency Group (DCG) has sued its now-bankrupt subsidiary Genesis, arguing that its $1.1 billion loan in 2022 exceeded Genesis’ losses and even resulted in profits due to recovered collateral from Three Arrows Capital. The collateral, held in Bitcoin and Grayscale Bitcoin Trust shares, surged in value post-2022, reducing DCG’s obligations to zero. Genesis, a crypto lender under DCG, collapsed in 2023 after exposure to failed firms like Three Arrows Capital and Alameda Research. DCG claims it fulfilled its financial commitments, while Genesis had earlier sued DCG for $3.1 billion over alleged fraudulent transfers during its collapse. The legal battle highlights the fallout from the 2022 crypto contagion.
about DCG Sues Genesis Over $1.1B Loan DisputeEthereum Surges on Speculation of Imminent ETF Approval
Ethereum surged 22% on speculation of imminent ETF approval, with positive signs from the SEC. Approval could lead to new records for both Ethereum and Bitcoin, according to Standard Chartered. ETFs would bring significant inflows to Ethereum and further legitimize the sector, potentially driving Bitcoin to a fresh all-time high.
about Ethereum Surges on Speculation of Imminent ETF ApprovalEthereum ETF Approval on the Horizon as Major Players Make Moves
Several asset managers are actively updating applications for spot Ethereum ETF filings pending with the SEC, hinting at a potential approval drawing closer. The performance of spot bitcoin ETFs has impacted the ETFs entering the Ethereum marketplace, with significant inflows and trading volume observed. Analyst Jim Cramer predicts that an ETF on Ethereum will likely be accepted by the SEC shortly, as major players in the ETF space lay the groundwork for further crypto fund approvals.
about Ethereum ETF Approval on the Horizon as Major Players Make MovesBitcoin Price Surges Above $59,000 Driven by Institutional Investors
The Bitcoin price has surged past $59,000, driven by institutional investors’ increasing interest in Bitcoin Spot ETFs. Despite expectations for altcoins to rise, Bitcoin’s dominance remains high at 54.1%, indicating continued market leadership. With support at $59,000, Bitcoin aims for a bounce toward $60,000, inching closer to a new all-time high.
about Bitcoin Price Surges Above $59,000 Driven by Institutional InvestorsCrypto Investment Products Garner $1 Billion Inflows, Bitcoin Dominates Market
Crypto investment products have attracted over $1 billion in inflows, boosting the total for the year to $2.7 billion, with assets under management reaching $59 billion. Newly launched spot Bitcoin exchange-traded funds in the US have contributed significantly to the inflow, amassing almost $3 billion in investments since their inception on Jan. 11. Bitcoin has been the primary beneficiary, capturing nearly 98% of the total inflows, while other digital currencies like Ethereum and Cardano also experienced positive market sentiment. Despite overall positive trends, certain areas have seen withdrawals, and the potential sale of Genesis holdings of Grayscale Bitcoin Trust, valued at $1.6 billion, could influence future outflows.
about Crypto Investment Products Garner $1 Billion Inflows, Bitcoin Dominates Market