Edgen Crypto·Nov 13 2025, 21:53
[1] Wrapped Bitcoin Launches on Hedera, Expanding BTC DeFi (https://cointelegraph.com/news/wbtc-expands-h ...)[2] WBTC Launches on Hedera, Unlocking New BTCFi Opportunities for Bitcoin Holders (https://vertexaisearch.cloud.google.com/groun ...)[3] HBAR Market Cap Jumps 43% in Q3 2025 as Hedera Ecosystem Expands (https://vertexaisearch.cloud.google.com/groun ...)
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Nov 13 2025, 16:02
Aerodrome Finance (AERO) Drops 19.51% While AB Gains 11.92% Amid Broader Crypto Market Downturn
## Executive Summary Aerodrome Finance (AERO) experienced a notable 19.51% price decrease in the last 24 hours, contrasting with an 11.92% gain by AB. This occurred within a broader cryptocurrency market downturn characterized by declining market capitalization and bearish sentiment. ## The Event in Detail **Aerodrome Finance (AERO)** witnessed a substantial price reduction of 19.51% over the past 24 hours, trading at $0.962880 USD. Its 24-hour trading volume reached $221,441,265 USD, with a live market capitalization of $872,514,810 USD. AERO currently holds the #74 ranking on CoinMarketCap, with a circulating supply of 906,151,442 AERO coins. This significant drop follows a 15.40% decrease against the US Dollar, a 14.49% decrease against Bitcoin (BTC), and a 15.08% decrease against Ethereum (ETH) today. Conversely, **AB** recorded an 11.92% gain, reaching $0.007821. Over the last 7 days, its exchange rate increased by 0.94%, and looking back a year, AB's value has grown by 99.57%. The token has a current supply of 98,823,661,261.46, with 72,009,329,675.95 in circulation. ## Market Implications The considerable price decline in AERO suggests potential negative investor sentiment towards the **Aerodrome Finance** platform or the broader decentralized exchange (DEX) sector. This downturn is set against a backdrop of overall market volatility, despite a record volume of $1.3 trillion in perpetual contracts on DEXs in October 2025, which nearly doubled the September figures. This surge in DEX trading activity highlights increasing flexibility and transparency on decentralized platforms, alongside a migration from centralized platforms (CEX) due to tightening regulations. ## Expert Commentary According to CoinCodex predictions, **AERO** is anticipated to drop to $0.873937 by November 17, 2025, representing a projected 22.76% price decrease from current levels. This outlook underscores a neutral sentiment in the Aerodrome Finance markets, coinciding with an "Extreme Fear" reading on the Fear & Greed Index. Key support levels for AERO are identified at $1.04, $0.984983, and $0.869387, while resistance levels are at $1.22, $1.33, and $1.39. Glassnode analysts characterize **Bitcoin (BTC)** as being in a "mild bearish phase," trading within a range of $97,000 and $111,000, with resistance near $116,000. Both on-chain and off-chain data indicate a consolidating market that is stabilizing but not yet signaling a bullish reversal. ## Broader Context The broader cryptocurrency market capitalization has experienced a 1.8% decrease. This decline is reflected in the performance of the top digital assets, with 80 of the top 100 coins and 7 of the top 10 coins showing losses. Bitcoin (BTC) decreased by 1.3% to $103,080, while Ethereum (ETH) saw a marginal increase of 0.8% to $3,502. The crypto Fear & Greed Index further reinforces the cautious market sentiment, dropping to 25 from 26 a day prior. This environment suggests investors are awaiting clearer signals regarding the market's near-term trajectory.
Nov 13 2025, 15:49
UNIUSDT Surges 45%, Retests Critical Support Zone
## Executive Summary **UNIUSDT** recorded a 45% price surge following a breakout from a significant support zone. The token is presently undergoing a retest of this critical level, aligning with the **0.618 Fibonacci retracement**. Technical indicators, including the 25 and 50 Exponential Moving Averages (**EMAs**), are converging, signaling a potential **golden cross**. ## The Event in Detail The **UNIUSDT** token experienced a substantial 45% increase within a single trading day, breaking above a key support zone. This upward movement was followed by a subsequent retest of the same support level. This retest is a critical phase for the token, as its ability to hold this level could dictate future price action. The retested area coincides with the **0.618 Fibonacci level**, a commonly observed technical support or resistance point. Furthermore, the 25-day and 50-day **EMAs** are positioned to form a **golden cross**, an event often interpreted as a bullish signal. The token's price action also aligns with a descending trendline, which has been breached. ## Market Implications The technical patterns observed in **UNIUSDT** mirror broader trends and analyses across the cryptocurrency market. For instance, **Ethereum (ETH)** is noted to be holding its weekly **0.618 Fibonacci retracement support**, reinforced by sustained trading volume and a market capitalization exceeding $415 billion. Analysts have identified price targets for **ETH** at $5,766, $6,658, and $9,547 based on Fibonacci extensions and retracements relative to its **ETH/BTC** ratio. Similarly, **ICP** price movements show a recent crossover above its 50-day and 200-day **EMAs**, indicating an imminent **golden cross** that could lead to gains towards $9.812 and potentially $15.507. ## Broader Context Other digital assets are also exhibiting significant technical developments. **Worldcoin (WLD)** is consolidating near a critical support zone, specifically between $0.85 and $0.90 USDT, with on-chain data suggesting active accumulation by crypto whales, including **PEPE** token. **Ripple (XRP)** has recently broken above a main short-term descending trendline, which strengthens the likelihood of further gains, targeting resistance at $2.6975 if it remains above $2.3722. These movements underscore a market environment where key technical levels and indicators are playing a significant role in short-to-medium term price trajectories across various cryptocurrencies. DeepSnitch AI, though not directly related to UNI, also showed a nearly 50% surge, highlighting periods of rapid gains in niche crypto projects.
Nov 13 2025, 15:47
Investment App Public Acquires Alto's Crypto Business for $65 Million
## Executive Summary Investment platform **Public** has acquired the cryptocurrency business of **Alto**, a provider specializing in crypto Individual Retirement Accounts (IRAs), for **$65 million** in cash and stock. This acquisition, reported by Fortune magazine, signals **Public**'s expansion into digital asset offerings within retirement accounts. **Alto**'s crypto segment manages approximately **$600 million** in assets, with the full integration of these accounts into **Public** anticipated by **2026**. ## The Event in Detail **Public**, an investment application, has formalized the acquisition of **Alto**'s crypto business. The agreement encompasses a **$65 million** transaction structured in cash and stock. **Alto**, known for enabling users to incorporate alternative assets, including cryptocurrencies, into their retirement portfolios, will see its crypto accounts fully integrated into **Public**'s platform in **2026**. Post-acquisition, **Alto** will maintain independent operations for its other business lines, such as private lending and venture capital investment projects. ## Financial Mechanics and Business Strategy The **$65 million** acquisition price, comprising both cash and stock components, reflects the valuation placed on **Alto**'s crypto operations. **Alto**'s crypto business alone manages approximately **$600 million** in assets under management (AUM), contributing to **Alto**'s broader AUM, which has been reported between **$1.4 billion** and **$1.7 billion** across all its offerings. In **2024**, **Alto** customers executed over **240,000 crypto trades**, totaling more than **$900 million** in crypto assets on the platform, indicating significant user engagement. This strategic acquisition by **Public** positions the company to expand its alternative asset investment offerings, particularly in the growing segment of crypto-enabled retirement accounts. While **Alto Crypto** supports a diverse range of digital assets, competitor platforms such as **Fidelity** offer more limited options, with its crypto retirement account exclusively supporting **Bitcoin** (BTC). **Public**'s move aligns with a broader industry trend where traditional investment platforms seek to integrate digital assets, leveraging specialized providers like **Alto** to accelerate market entry and product diversification. ## Market Implications and Broader Context This transaction underscores the ongoing consolidation within the crypto investment space, characterized by mergers and acquisitions (M&A) as established financial entities integrate Web3 capabilities. The crypto industry recorded **143 M&A deals** in **2025**, a **93% year-over-year increase**, indicating a robust trend of companies acquiring to expand ecosystems, fill product gaps, and secure regulatory advantages. This provides Web3 projects with more stable exit options beyond traditional token launches. The acquisition also highlights the increasing mainstream acceptance of cryptocurrency within retirement and wealth planning. Regulatory environments are evolving, with key agencies expected to finalize definitions and reporting standards for crypto IRAs by **2027**. Anticipated regulatory improvements include updated **IRS** guidance on staking rewards and DeFi income, consistent **1099** reporting, clearer guidelines on prohibited transactions, and coordinated oversight between the **SEC** and **CFTC**. This evolving landscape suggests that qualified custodians adhering to strict compliance procedures will become increasingly valuable, positioning Public to capitalize on clearer regulatory frameworks and growing investor interest in tokenized growth within retirement portfolios.