Bitcoin Enters Most Bearish Phase Since 2023 as Demand Weakens and Technical Levels Break
CryptoQuant study shows Bitcoin's worst bearish period since the bull cycle began in January 2023.
The on-chain intelligence firm says the current drop is different from previous corrections since technical and demand-side indicators have turned negative in its latest weekly report.
CryptoQuant's Bull Score Index dropped to 20/100 last week, indicating strong bearishness. The drop is due to falling spot demand, negative price momentum, and slower stablecoin liquidity expansion.
Prediction: European Banking Giant Buys ETH Tech
Revolut, a popular cross-border payment company, uses Ethereum's L2 Polygon to power its new stablecoin remittances service.
For this reason, a bullish Ethereum price prediction gains momentum.
Revolut has moved $690 million through Polygon since the two businesses partnered.
Cardano Price Prediction: Hoskinson Suggests ‘Midnight’ Blockchain
Recently, Hoskinson tweeted “Running Midnight”. Cardano founder is excited about Midnight, his privacy-focused blockchain and “second kid” after Cardano.
After some asked “when Midnight,” he explained. This plan divides the Midnight environment into four phases named after Hawaiian moon phases. The network will evolve from its current state to a full mainnet deployment.
CEA Industries launches real-time BNB treasury dashboard after crypto win
The dashboard tracks token holdings, share buybacks, and asset yields, highlighting the firm's BNB-centric approach to MicroStrategy's Bitcoin play.
The company claimed the launch represents its openness and long-term asset management strategy in the BNB ecosystem.
As of 6 p.m. ET on Nov. 18, the dashboard shows 515,054 BNB in total holdings, an average acquisition cost of $851 per token, $438.5 million in invested capital, and $481 million in market value.
CEA also sold 856,275 BNC shares at-market and repurchased 1.17 million shares at $6.77 since September. Since August, its BNB approach has yielded 6,506 BNB, or 1.5% annually.
CEO David Namdar said publishing this dashboard shows investors how we manage and expand the world's largest BNB treasury. He noted that the technology will evolve as the corporation adopts new KPIs and a “fully transparent, on-chain, institutionally aligned treasury strategy.”
Bullish stock falls 3.5% despite Q3 earnings record
Along with institutional expansion, crypto exchange Bullish has improved profitability. However, its shares fell 3.5% to $36.42 on the same day, below its IPO price of $37.
Bullish reported its third-quarter 2025 results on November 19, highlighting its U.S. expansion. Bullish, listed on the New York Stock Exchange as BLSH, announced Q3 adjusted sales of $76.5 million, up 71% from $44.6 million a year earlier.
Increased adjusted EBITDA to $28.6 million from $7.7 million last year. With rising revenue, operational efficiency and scalability increased. From a $3.1 million loss in Q3 2024, adjusted net income rose to $13.8 million.
