While spot Bitcoin and Ether exchange-traded funds (ETFs) are facing some of the biggest daily outflows since they launch, two new altcoin products are bucking the trend.
Despite the broader market rout, Solana (SOL) and XRP (XRP) ETFs have yet to record a single outflow day since launch, according to crypto ETF data aggregator SoSoValue. This makes the two altcoin ETFs rare green marks in an otherwise red ETF landscape.
The inflows are becoming substantial. Data shows that Solana-based spot ETFs have accumulated nearly $500 million in net inflows, while XRP ETFs have seen $410 million in cumulative net inflows to date.
The divergence comes amid one of the most severe multi-week outflow streaks in spot Bitcoin (BTC) and Ether (ETH) ETF history. While flagship crypto products are seeing large-scale redemptions, steady inflows into new ETFs suggest a small but notable hint of conviction among investors exploring exposure beyond the two largest assets.
Solana ETF inflows in November. Source: Farside Investors
XRP and Solana ETFs log consistent inflows amid market stress
On Thursday, Bitwise Asset Management launched its XRP ETF under the ticker “XRP.” The ETF made a strong debut, pulling in $105 million on its first trading day, according to SoSoValue data.
Asset manager Canary’s XRPC added another $12.8 million on Thursday, bringing total inflows to $118 million on the day.
Canary CEO Steven McClurg congratulated Bitwise on the launch, saying that they’re “rooting” for them despite being competitors in the space.
Canary has also contributed to the consistency of XRP ETF inflows. It currently holds the record for the largest XRP ETF inflow day, pulling in $243 million in inflows on Nov. 14 for XRPC.
Solana-based ETFs displayed a similar pattern of resilience, recording consistent daily inflows even as the broader markets declined.
SOL-based ETF products attracted between $8.26 million and $55.61 million per day this week, with Nov. 19 marking the strongest daily inflow.
Solana and XRP tokens are in the red despite ETF gains
Despite the steady gains posted by SOL and XRP-based ETFs, the underlying assets behind the exchange-traded products saw poor performances in the past month.
Solana declined by 32.5% in the past month and 10.9% in the last week, according to CoinGecko data. At the time of writing, the token trades at $122.94, representing a 52.3% decline in the last year.
Solana’s 30-day price chart. Source: CoinGecko
Meanwhile, XRP performed similarly recently, declining by 21.2% over the last 30 days and 16.6% over the last week.
However, its yearly chart tells a different story. The asset currently trades at $1.86, representing a 49.9% increase over the past year, according to CoinGecko.
Gold has long met store-of-value standards, while fiat currencies lose purchasing power over time. Bitcoin now meets several of the same store-of-value benchmarks.
With a hard cap of 21 million coins and around-the-clock global trading, Bitcoin offers digital scarcity, durability supported by network security and liquidity that rivals many traditional assets.
Concerns remain, including short-term volatility, inconsistent global regulations, cybersecurity risks, limited historical data and challenges integrating Bitcoin into traditional investment models.
Still, rising inflation, geopolitical tension and weakening confidence in some fiat currencies are prompting pension funds to explore Bitcoin as part of a long-term strategy.
A key question has followed Bitcoin (BTC) since it gained prominence: Can it reliably act as a store of value? The idea has long intrigued individual investors, and now even pension funds are beginning to explore it. They are assessing whether Bitcoin can preserve value over time, potentially alongside or even competing with traditional safe assets such as gold.
This article examines what defines a store-of-value asset and how pension funds are approaching Bitcoin. It compares Bitcoin with established store-of-value assets and explores how crypto exposure for pension funds may expand beyond BTC.
What defines a store-of-value asset?
A store-of-value asset maintains its purchasing power over long periods. It typically has four main qualities:
Scarcity: A limited supply that is difficult to expand
Durability: The ability to last without degrading
Portability: Ease of transfer and storage
Liquidity: The ability to be easily exchanged for goods or other assets.
Gold has traditionally met these standards. Fiat currencies, by contrast, lose value over time because of inflation and an expanding money supply. Pension funds are taking interest in Bitcoin because, in some areas, it may outperform both gold and fiat currencies.
Bitcoin’s total supply is capped at 21 million coins. It is fully digital, remains secure as long as the network functions and trades worldwide around the clock with strong liquidity.
Did you know? Despite being called “coins,” Bitcoin exists only as entries on a decentralized digital ledger. There are no physical Bitcoins anywhere.
Pension funds: Cautious yet interested
Pension funds operate under strict regulations designed to protect investors’ money and deliver steady retirement income over decades. This framework has made them cautious toward volatile or lightly regulated assets. Their key concerns include:
Challenges integrating Bitcoin with traditional investment models.
However, the broader economic environment is changing. Rising inflation, geopolitical tension and concerns about the stability of some fiat currencies are prompting investors to review alternative assets that may help preserve value. As cryptocurrency becomes more integrated into mainstream finance, pension funds are assessing whether excluding digital assets could limit diversification rather than enhance it.
Case study: AMP Super’s approach to Bitcoin
Australian superannuation fund AMP Super made an allocation to Bitcoin futures through its dynamic asset allocation program. The fund does not classify Bitcoin as a speculative bet. Instead, it views Bitcoin as part of a broader strategy to protect purchasing power and hedge against currency weakness.
The fund’s research found that Bitcoin aligns well with store-of-value criteria, in some cases more effectively than many conventional assets.
The fund’s approach involves:
Assessing Bitcoin against store-of-value criteria such as scarcity, durability, portability and liquidity.
Using trading signals in its dynamic asset allocation program that include price momentum, investor sentiment, liquidity and inflation-change indicators to guide the size and timing of the allocation.
Observing how Bitcoin responds to changes in inflation expectations and other macro signals rather than simply focusing on inflation levels.
Employing onchain analytics to monitor blockchain data metrics as part of evaluating market conditions and trading signal generation.
This cautious, evidence-based strategy offers a model for other pension funds, combining traditional analysis with cryptocurrency-specific tools.
Did you know? One Bitcoin can be divided into 100 million units called “satoshis,” which allows for micropayments.
How Bitcoin compares to traditional store-of-value assets
Bitcoin differs from assets such as gold in volatility, liquidity, scarcity and regulatory risk. Understanding these differences is important when assessing its potential role in a diversified portfolio:
Scarcity: Bitcoin’s capped supply is enforced by code. This contrasts with gold, which can be mined, and fiat money, which can expand through policy.
Portability and liquidity: Bitcoin can be transferred globally within minutes and trades around the clock. Gold is costly to move and store, and fiat transactions depend on banking infrastructure.
Response to inflation: Bitcoin and gold often rise when inflation expectations shift. This can make both useful for funds seeking to maintain real returns.
Diversification: Bitcoin’s correlation with stocks and bonds has varied but generally remains low enough to provide diversification benefits. Even a small allocation can improve risk-adjusted returns in some portfolio simulations.
Crypto investments beyond Bitcoin for pension funds
Pension funds are also exploring crypto investments beyond Bitcoin. For example, turning asset rights into digital tokens could streamline how investments are held, transferred and settled. This approach makes assets programmable, allows digital wallets to replace traditional accounts and uses blockchain to lower operational costs.
However, current systems still need technical improvements and broader adoption to realize these benefits fully. Blockchain has the potential to reduce reconciliation costs and unlock new forms of settlement, but several implementation challenges must be addressed.
Bitcoin faces challenges such as:
Evolving regulations for digital assets
Ensuring secure, insured and approved custody
Obtaining regulatory approval for new projects
Building internal expertise through training.
Pension funds view Bitcoin as a supplement rather than a replacement for assets such as gold or inflation-protected bonds. They have found that Bitcoin can behave like a store-of-value asset during shifts in inflation expectations and that modest allocations may help improve overall portfolio performance.
Gold has long met store-of-value standards, while fiat currencies lose purchasing power over time. Bitcoin now meets several of the same store-of-value benchmarks.
With a hard cap of 21 million coins and around-the-clock global trading, Bitcoin offers digital scarcity, durability supported by network security and liquidity that rivals many traditional assets.
Concerns remain, including short-term volatility, inconsistent global regulations, cybersecurity risks, limited historical data and challenges integrating Bitcoin into traditional investment models.
Still, rising inflation, geopolitical tension and weakening confidence in some fiat currencies are prompting pension funds to explore Bitcoin as part of a long-term strategy.
A key question has followed Bitcoin (BTC) since it gained prominence: Can it reliably act as a store of value? The idea has long intrigued individual investors, and now even pension funds are beginning to explore it. They are assessing whether Bitcoin can preserve value over time, potentially alongside or even competing with traditional safe assets such as gold.
This article examines what defines a store-of-value asset and how pension funds are approaching Bitcoin. It compares Bitcoin with established store-of-value assets and explores how crypto exposure for pension funds may expand beyond BTC.
What defines a store-of-value asset?
A store-of-value asset maintains its purchasing power over long periods. It typically has four main qualities:
Scarcity: A limited supply that is difficult to expand
Durability: The ability to last without degrading
Portability: Ease of transfer and storage
Liquidity: The ability to be easily exchanged for goods or other assets.
Gold has traditionally met these standards. Fiat currencies, by contrast, lose value over time because of inflation and an expanding money supply. Pension funds are taking interest in Bitcoin because, in some areas, it may outperform both gold and fiat currencies.
Bitcoin’s total supply is capped at 21 million coins. It is fully digital, remains secure as long as the network functions and trades worldwide around the clock with strong liquidity.
Did you know? Despite being called “coins,” Bitcoin exists only as entries on a decentralized digital ledger. There are no physical Bitcoins anywhere.
Pension funds: Cautious yet interested
Pension funds operate under strict regulations designed to protect investors’ money and deliver steady retirement income over decades. This framework has made them cautious toward volatile or lightly regulated assets. Their key concerns include:
Challenges integrating Bitcoin with traditional investment models.
However, the broader economic environment is changing. Rising inflation, geopolitical tension and concerns about the stability of some fiat currencies are prompting investors to review alternative assets that may help preserve value. As cryptocurrency becomes more integrated into mainstream finance, pension funds are assessing whether excluding digital assets could limit diversification rather than enhance it.
Case study: AMP Super’s approach to Bitcoin
Australian superannuation fund AMP Super made an allocation to Bitcoin futures through its dynamic asset allocation program. The fund does not classify Bitcoin as a speculative bet. Instead, it views Bitcoin as part of a broader strategy to protect purchasing power and hedge against currency weakness.
The fund’s research found that Bitcoin aligns well with store-of-value criteria, in some cases more effectively than many conventional assets.
The fund’s approach involves:
Assessing Bitcoin against store-of-value criteria such as scarcity, durability, portability and liquidity.
Using trading signals in its dynamic asset allocation program that include price momentum, investor sentiment, liquidity and inflation-change indicators to guide the size and timing of the allocation.
Observing how Bitcoin responds to changes in inflation expectations and other macro signals rather than simply focusing on inflation levels.
Employing onchain analytics to monitor blockchain data metrics as part of evaluating market conditions and trading signal generation.
This cautious, evidence-based strategy offers a model for other pension funds, combining traditional analysis with cryptocurrency-specific tools.
Did you know? One Bitcoin can be divided into 100 million units called “satoshis,” which allows for micropayments.
How Bitcoin compares to traditional store-of-value assets
Bitcoin differs from assets such as gold in volatility, liquidity, scarcity and regulatory risk. Understanding these differences is important when assessing its potential role in a diversified portfolio:
Scarcity: Bitcoin’s capped supply is enforced by code. This contrasts with gold, which can be mined, and fiat money, which can expand through policy.
Portability and liquidity: Bitcoin can be transferred globally within minutes and trades around the clock. Gold is costly to move and store, and fiat transactions depend on banking infrastructure.
Response to inflation: Bitcoin and gold often rise when inflation expectations shift. This can make both useful for funds seeking to maintain real returns.
Diversification: Bitcoin’s correlation with stocks and bonds has varied but generally remains low enough to provide diversification benefits. Even a small allocation can improve risk-adjusted returns in some portfolio simulations.
Crypto investments beyond Bitcoin for pension funds
Pension funds are also exploring crypto investments beyond Bitcoin. For example, turning asset rights into digital tokens could streamline how investments are held, transferred and settled. This approach makes assets programmable, allows digital wallets to replace traditional accounts and uses blockchain to lower operational costs.
However, current systems still need technical improvements and broader adoption to realize these benefits fully. Blockchain has the potential to reduce reconciliation costs and unlock new forms of settlement, but several implementation challenges must be addressed.
Bitcoin faces challenges such as:
Evolving regulations for digital assets
Ensuring secure, insured and approved custody
Obtaining regulatory approval for new projects
Building internal expertise through training.
Pension funds view Bitcoin as a supplement rather than a replacement for assets such as gold or inflation-protected bonds. They have found that Bitcoin can behave like a store-of-value asset during shifts in inflation expectations and that modest allocations may help improve overall portfolio performance.
An in-depth analysis of the evolution of crypto wallet technologies, highlighting self-custodial, embedded wallets, and Smart Accounts shaping the future of blockchain interactions.
The landscape of cryptocurrency wallet technologies is undergoing a transformative shift, according to an article by Ryan Yi on Paragraph. With advancements in both blockspace and wallet infrastructure, the crypto ecosystem is poised for significant changes that could redefine user interactions within the next five years.
Wallet Technology Overview
Historically, self-custodial wallets have been the primary means for users to interact with blockchain networks. These wallets, such as Trust Wallet, Coinbase Wallet, and Metamask, require users to manage their keys and transactions independently. However, the introduction of new technologies like embedded wallets and Wallet-As-A-Service (WaaS) is set to revolutionize this space.
Embedded Wallets and WaaS
Embedded wallets, also known as Multi-Party Computation (MPC) wallets, allow users to log in using familiar web2 credentials, such as email or social media accounts. This system distributes key management between the user’s device, the decentralized application (Dapp), and potentially a third-party service. Embedded wallets promise a seamless user experience, crucial for onboarding non-crypto native users.
Despite being in the early stages, the potential for embedded wallets to improve user experience is evident. They offer users the option to export keys, maintaining control over their wallets, and can link multiple Dapps under a single provider, enhancing user convenience and data integration.
The Rise of Smart Accounts
Smart Accounts, which utilize smart contract wallets with account abstraction features, represent another innovation in the wallet sector. These accounts allow users to authorize transactions executed by third-parties, offering flexibility and enhanced functionality.
Smart Accounts are seen as complementary to existing trends, with potential to integrate with self-custodial and embedded wallet technologies. These developments could enable features like gasless transactions, further easing user interaction with blockchain applications.
Impact on Adoption and Business Models
The evolution of wallet technologies is expected to have significant implications for user adoption and business models in the crypto space. Embedded wallets, operating on a freemium or SaaS model, could lower onboarding friction and costs, potentially expanding the user base to include those unfamiliar with traditional crypto setups.
Moreover, regulatory considerations and geographic factors might influence the adoption of different wallet types, with embedded wallets potentially facing classification as custodial services in certain jurisdictions.
Conclusion
The progression of wallet technologies marks a pivotal moment for the crypto industry, akin to an “iPhone moment” for blockchain interactions. As the ecosystem continues to develop, the integration of these advanced wallet solutions is expected to drive widespread adoption and enhance the utility of blockchain technologies across various applications.
Volatility and uncertainty in the Big Tech industry, along with concerns about Fed policy, pressured risk assets, driving Bitcoin’s correlation with the Nasdaq to its highest level in months.
Crypto traders expect improved liquidity ahead as US fiscal pressures grow and Trump pushes a tariff-focused stimulus agenda.
The tech-heavy Nasdaq Index experienced a 4% intraday decline on Thursday despite strong earnings and forecasts from chipmaker Nvidia. Investors expressed concerns about surging spending in the artificial intelligence sector, and Bitcoin (BTC) followed suit, plunging below $86,000 for the first time since April.
Despite investors’ concerns about excessive valuations in the market, billionaire investor Ray Dalio said there is no clear trigger for an imminent market crash. Dalio told CNBC that “the picture is pretty clear, in that we are in that territory of a bubble,” and recommended investors diversify into scarce assets such as gold.
Dalio added that his biggest fear is higher wealth taxes rather than tighter monetary policy. However, contrary to Ray Dalio’s view, market sentiment shifted after the United States reported a stronger-than-expected jobs report for September, prompting traders to doubt that the US Federal Reserve would further ease its monetary policy.
Nonfarm payrolls rose by 119,000 in September, reversing the prior month’s decline. Most FOMC participants noted that “further policy rate reductions could add to the risk of higher inflation becoming entrenched,” according to minutes from the October meeting released on Wednesday. On Thursday, traders trimmed the odds of two interest-rate cuts by January 2026, reflecting renewed caution among equity and Bitcoin investors.
Based on implied pricing in government bond markets, investors now assign a 20% chance that the FOMC will set interest rates at 3.50% on Jan. 28, down from 55% one month earlier. While the FOMC minutes show that many of the Fed’s policymakers do not favor an immediate rate cut, they offer little insight on how close October’s split decision actually was.
AI build-out costs overshadow strong earnings and Walmart surprises
Even with strong corporate earnings, including a positive surprise from Walmart, traders fear that the economy could weaken as AI developers, such as OpenAI, continue to spend heavily. Gil Luria, head of technology research at D.A. Davidson, told CNBC that “the concern is about companies raising a lot of debt to build data centers.”
Data center construction spending, seasonally adjusted (millions). Source: Distilled
Luria said data centers are “inherently speculative investments that could face a reckoning two or three years from now,” adding that Nvidia’s earnings are not a “reliable gauge of whether AI economics are truly maturing.” The tech-heavy Nasdaq Index has now dropped 7.8% since its all-time high on Oct. 29, wiping out gains from the previous 10 weeks. Investors responded by stepping back from risk markets.
30-day correlation: Bitcoin/USD vs. Nasdaq CFD. Source: TradingView / Cointelegraph
Amid the heightened uncertainty, Bitcoin’s price movement continued to mirror trends in the tech sector. The correlation between the two asset classes climbed to a six-month high of 80%, suggesting investors are paying less attention to Bitcoin’s strengths in decentralization and predictable monetary policy.
Bitcoin traders are not necessarily bearish below $90,000 and are likely waiting for clearer entry points as broader macro conditions remain unstable. If Dalio is right, the panic sellers could end up regretting their exit, as liquidity conditions may improve while the US fiscal debt problem lingers and US President Donald Trump advances his “tariff dividend” proposal aimed at stimulating the economy.
This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
Owen Gunden, one of the richest early Bitcoin holders, has sold his entire Bitcoin position as retail investors flee the market and institutions continue increasing their share of spot Bitcoin exchange-traded funds.
The wallet tagged as Owen Gunden by blockchain data platform Arkham transferred his last 2,499 Bitcoin (BTC) worth $228 million to cryptocurrency exchange Kraken on Thursday.
In total, Gunden’s wallet has sold 11,000 Bitcoin worth around $1.3 billion since Oct. 21, liquidating his entire Bitcoin holdings, according to Arkham.
Gunden’s transactions come amid growing concerns over the end of the bull market, with Bitcoin market conditions deteriorating to their “most bearish” level during the current cycle. CryptoQuant’s Bull Score Index has declined to 20/100, or extreme bearish, Cointelegraph reported earlier on Thursday.
Gunden is the eighth-richest person in crypto, with a net worth of about $561 million according to Arkham’s list of the top crypto millionaires.
Gunden was an early Bitcoin arbitrage trader on exchanges like Tradehill and the now-defunct Mt. Gox. He traded 10s of thousands of Bitcoin on the exchange when it was still operational until 2014, building his onchain wealth.
Meanwhile, the institutional ownership of US spot Bitcoin ETFs continues rising to new highs, despite retail fears over the end of the bull market cycle.
The institutional ownership of Bitcoin ETFs surged to 40% on Wednesday, wrote Bitcoin analyst Root, in an X post.
This marks a significant increase from the 27% institutional ownership recorded in the second quarter of 2024, when about 1,119 firms held investments via US spot Bitcoin ETFs.
The 40% is based on the latest 13-F filings of institutional participants, which is a “conservative estimate” considering that only institutions managing over $100 million are required to file these reports to the Securities and Exchange Commission, Root said.
The growing figures indicate that institutions are holding onto their shares, despite the large-scale selling by ETF shareholders, which has resulted in $2.8 billion in outflows so far in November, according to Farside Investors data.
The co-founders of privacy-focused Bitcoin wallet Samourai Wallet were sentenced to four and five years in prison Wednesday, setting an important precedent as privacy development makes a comeback in crypto.
Keonne Rodriguez and William Lonergan Hill were sentenced on Wednesday for conspiring to operate an unlicensed money-transmitting business and for facilitating transactions involving criminal proceeds, the US Department of Justice (DOJ) said. Prosecutors argued that Samourai’s CoinJoin mixing service helped conceal the movement of illicit funds, even though the wallet was fully non-custodial.
“The sentences the defendants received send a clear message that laundering known criminal proceeds—regardless of the technology used or whether the proceeds are in the form of fiat or cryptocurrency — will face serious consequences,” US Attorney Nicolas Roos said.
Despite never having control over the Bitcoin (BTC) being mixed, Samourai coordinated the mixing through its Whirlpool CoinJoin implementation, which the judge found sufficient to rule that it constituted a money transmission service. Court documents clearly noted that “all Whirlpool transactions are coordinated by Samourai’s server,” and broadcasting “Ricochet” transactions to the Bitcoin network.
Prosecutors said this amounted to transferring funds on behalf of customers without the licensing required by the Financial Crimes Enforcement Network (FinCEN).
Current homepage of the seized Samourai Wallet website. Source: Samourai Wallet
Non-custodial is not enough, real decentralization is key
Similar to the Tornado Cash crypto mixer case, the arguments used in the prosecution of the Samourai Wallet co-founders demonstrate that complete decentralization is crucial for avoiding prosecution when implementing crypto privacy systems.
The DOJ pointed out that the co-founders “created the core features of Tornado Cash, paid for critical infrastructure to operate it, promoted the service, and made millions in profits.”
The DOJ also noted that the co-founders “chose not to implement Know Your Customer or Anti-Money Laundering programs as required by law” for money transmitting businesses. Still, this remains an active area of litigation, with the crypto community recognizing that it is in a constant battle with the state over what it feels is its right to privacy.
In October, Tornado Cash co-founder Roman Storm asked decentralized finance developers, “How can you be so sure you won’t be charged by the DOJ as a money service business for building a non-custodial protocol?” He argued that the DOJ could claim that any decentralized, non-custodial service should have been developed as a custodial service, since he was prosecuted for failing to implement centralized control measures.
In January, privacy advocates scored a win when a US court overturned the sanctions against Tornado Cash. The appeal read that the smart contracts employed by the protocol are not property, so they cannot be blocked under the International Emergency Economic Powers Act, and that the Office of Foreign Assets Control (OFAC) “overstepped its congressionally defined authority.”
US Judge Don Willett, who authored the opinion, said he recognizes “the real-world downsides of certain uncontrollable technology falling outside of OFAC’s sanctioning authority.” He said it’s up to Congress, not the courts, to address the issue:
“We decline the Department’s invitation to judicial lawmaking… Legislating is Congress’s job—and Congress’s alone.”
Just as in the Samourai Wallet case, Storm was found guilty only of conspiracy to operate an unlicensed money-transmitting business. Still, last month, he asked a US federal judge to acquit him of his sole conviction, arguing that prosecutors failed to prove he intended to help bad actors misuse the crypto mixer — a lack of willfulness that defense claims is necessary for the conviction.
In August comments, Acting Assistant Attorney General for the Justice Department’s Criminal Division, Matthew Galeotti, suggested that the department would pursue “even-handed enforcement of the law.” Without explicitly mentioning the Tornado Cash or Samourai Wallet cases, he hinted at a new direction in instances involving allegations of operating an unlicensed money-transmitter business.
“Our view is that merely writing code, without ill intent, is not a crime,” said Galeotti.
Singapore’s retail crypto market is entering a new phase of maturity, as traders are increasingly prioritizing trustworthy platforms over those with lower fees, according to a new survey.
On Thursday, a joint survey by finance platform MoneyHero and crypto exchange Coinbase revealed that 61% of “finance-savvy” investors in Singapore now hold crypto, with trust emerging as their primary deciding factor for selecting exchanges, outranking fees.
The data suggests that the city-state’s crypto ecosystem is evolving beyond chasing the cheapest exchange to placing value on regulated frameworks, security and long-term conviction.
The study, which surveyed 3,513 retail investors and crypto-curious Singaporeans, also found that 58% self-identify as long-term holders, while 42% have held investments for over two years.
In addition, the data showed that respondents have kept their crypto under 10% of their overall portfolios, with an average of three tokens per holder, suggesting that investors balance discipline with diversification.
MoneyHero and Coinbase release a new survey on Singapore retail investors. Source: MoneyHero
Retail investors plan long-term investments
The survey’s results show a sign of deeper adoption in the region. A 61% ownership rate among finance-savvy Singaporeans indicates that cryptocurrency is no longer a niche market.
According to the survey, 27% of non-holders expressed interest in investing in the next 12 months. This shows that there’s also room for growth in the region.
In terms of how investors view crypto, the survey results showed a split. Forty-four % of the respondents said they perceive cryptocurrency as an asset, while 29% said they view it as a tool for speculation.
When it comes to education, social media was touted as one of the major sources of information for the respondents.
The results showed that 62% of the respondents cited social media as their primary source for crypto education. The researchers noted that this raises both opportunities and risks of misinformation.
Learning, barriers and outlook. Source: MoneyHero survey
After social media, 55% mentioned friends and family, while 43% mentioned news and media. Exchange blogs were followed by 27% of respondents, who mentioned them as their primary educational sources.
In terms of confidence in their understanding of cryptocurrency, the results were split, with 48% saying they are confident in their crypto knowledge, while 52% said they were not confident.
Singapore has long stood out as a finance hub, with low corporate taxes, pro-business regulations and an AAA rating from the international credit rating agency Fitch.
The island city-state was also among the first movers in crypto regulation. In 2020, it enacted its Payment Services Act (PSA) of 2019, one of the first comprehensive legal frameworks covering crypto in Asia. The law defined digital payment tokens (DPTs) as digital representations of value, stored or traded electronically.
While Singapore is regarded as a progressive crypto hub, it is also a highly regulated jurisdiction.
In June, the country ordered local crypto firms to cease their overseas activities targeting foreign markets, halting their operations or facing steep penalties, including a $200,000 fine or up to three years of imprisonment.
Singapore’s financial regulator, the Monetary Authority of Singapore, stated that there will be no grace period, no transitional arrangements and no extensions.
More recently, Singapore signaled an upcoming shakeout of unregulated stablecoins. On Nov. 13, MAS Managing Director Chia Der Jiun said stability needs to be reinforced and that unregulated tokens have a patchy record of keeping their peg.
He added that over time, regulations need to be strengthened as stablecoins become more systemic.
Bitcoin attempted a recovery on Tuesday, but the market open on Wednesday saw bears applying pressure at the intra-day range highs.
Several altcoins are falling toward critical support levels, signaling that the bears remain in control.
Buyers are trying to sustain Bitcoin (BTC) above the $90,000 level, but the bears continue to build pressure. According to Farside Investors data, spot BTC exchange-traded funds recorded outflows of $372 million on Tuesday, extending the withdrawal streak to five days. That suggests the sentiment remains negative and investors are wary of buying into the decline.
Morgan Creek Capital founder Mark Yusko said in an interview with Cointelegraph that BTC has entered a bear market, but he anticipates a milder correction compared to the previous bear cycles. He expects the institutional adoption, reduced leverage, the broader macro environment and debasement of fiat currencies to act as long-term tailwinds.
Crypto market data daily view. Source: TradingView
A few other analysts are more optimistic in the short term, expecting the selling in BTC to subside soon. BitMine chairman Tom Lee said in an interview with CNBC that the downside is showing signs of exhaustion, and Tom Demar of Demar Analytics expects BTC to bottom “sometime this week.”
How far lower could BTC and the major altcoins fall? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
BTC fell below the $90,000 level on Tuesday, but the bulls bought the dip as seen from the long tail on the candlestick.
The bears are in no mood to give up as they sold the rally and are attempting to sink the Bitcoin price below $89,253. If they manage to do that, the drop could extend to $87,800 and subsequently to $83,000.
Any recovery attempt is expected to face selling at the psychological level of $100,000. If the price turns down from the $100,000 level, it suggests that the bears have flipped the level into resistance. That increases the risk of a further downside.
Buyers will have to push and maintain the BTC/USDT pair above the $100,000 resistance to signal a comeback.
Ether price prediction
Ether (ETH) has been witnessing a tough battle between the buyers and sellers near the $3,000 level.
Any relief rally is expected to face significant selling at the 20-day exponential moving average ($3,365). If the price turns down sharply from the 20-day EMA, the risk of a break below $2,946 increases. The ETH/USDT pair may then plunge toward $2,500.
Alternatively, a break and close above the 20-day EMA suggests that the markets have rejected the break below $3,350. The Ether price could then climb to the 50-day simple moving average ($3,824).
XRP price prediction
Buyers attempted to start a recovery in XRP (XRP) on Tuesday, but the bears sold at higher levels.
The bears will try to sink the XRP/USDT pair to the support line of the descending channel pattern, which is a crucial level to watch out for. If the XRP price rebounds off the support line and breaks above the 20-day EMA ($2.31), it suggests that the pair may remain inside the channel for some more time.
On the other hand, a break and close below the channel could open the doors for a fall to the crucial support at $1.61.
BNB price prediction
Buyers are attempting to maintain BNB (BNB) above the $860 level, but the bears have continued to exert pressure.
The bears will attempt to sink the BNB price below the $860 support and deepen the correction to $730.
Contrarily, if the price turns up and breaks above the 20-day EMA ($971), it suggests that the sellers are losing their grip. The BNB/USDT pair could rise to $1,019 and then to the 50-day SMA ($1,078). Such a move signals a possible range-bound action between $860 and $1,183 for some time.
Solana price prediction
Solana (SOL) bounced off the $126 support on Tuesday, but the relief rallies are being sold into.
The bears will again attempt to pull the price below the $126 support. If they can pull it off, the Solana price could plummet toward the next major support at $95.
Conversely, if the price turns up from the current level or $126 and rises above the 20-day EMA ($154), it suggests that the bulls are attempting a comeback. The SOL/USDT pair could then climb to the 50-day SMA ($183), which is likely to attract sellers again.
Dogecoin price prediction
Dogecoin (DOGE) turned up from $0.15 on Tuesday, but the shallow bounce shows a lack of aggressive buying by the bulls.
The sellers will attempt to sink the Dogecoin price to the $0.14 level, where the buyers are expected to step in. The positive divergence on the RSI suggests that the selling pressure is reducing and a relief rally is possible. Buyers will have to drive the DOGE/USDT pair above the 20-day EMA to gain strength. The pair may then climb to the 50-day SMA ($0.19).
On the contrary, a break below the $0.14 support could intensify selling, pulling the pair to the Oct. 10 low of $0.10.
Cardano price prediction
Cardano (ADA) extended its slide below the $0.50 level, indicating that the bears remain in control.
There is minor support at $0.45, but if the level cracks, the ADA/USDT pair could drop to $0.40. The Cardano price may stage a recovery from $0.40, but is likely to face selling at $0.50. If the price turns down from $0.50, it suggests that the bears have flipped the level into resistance. The pair may then decline toward the Oct. 10 intraday low of $0.27.
Buyers will have to thrust the price above the 20-day EMA ($0.54) to indicate that the selling pressure is reducing. The pair could then rise to the 50-day SMA ($0.64) and later to $0.74.
The price turned down, and the bears are striving to pull the HYPE/USDT pair below the $35.50 support. If they succeed, the selling could accelerate and the Hyperliquid price could dive to $28.
The first sign of strength will be a break and close above the 50-day SMA. The pair could then rally to $44 and later to $52, where the bears are expected to mount a strong defense.
Bitcoin Cash price prediction
The bulls attempted to push Bitcoin Cash (BCH) above the resistance line on Tuesday, but the bears held their ground.
The Bitcoin Cash price has turned down sharply and slipped below the moving averages. Sellers will try to strengthen their position by pulling the price below the $443 support. If they manage to do that, the BCH/USDT pair could plummet to the support line.
The bulls will have to push and maintain the price above the resistance line to signal that the corrective phase may be over. The pair could then rally to $580 and subsequently to $615.
Zcash price prediction
Zcash (ZEC) is facing solid resistance at $750, but the bulls have not allowed the price to dip below the 20-day EMA ($536).
The upsloping moving averages indicate advantage to buyers, but the negative divergence on the RSI shows that the momentum is slowing down. That increases the risk of a break below the 20-day EMA. If that happens, the ZEC/USDT pair could drop toward $424.
The buyers will have to defend the 20-day EMA if they want to retain the advantage. If the Zcash price turns up from the current level or rebounds off the 20-day EMA with strength, the bulls will again attempt to drive the pair above $750.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
AAVE price prediction suggests recovery from oversold conditions could drive token from $164.98 to $208-261 range by November 24, 2025.
The AAVE token has experienced significant downward pressure, declining 7.27% in the past 24 hours to $164.98. However, multiple technical indicators suggest the DeFi protocol’s native token may be setting up for a substantial recovery rally. Our comprehensive AAVE price prediction analysis indicates potential upside targets between $208-261 over the next 5 days.
AAVE Price Prediction Summary
• AAVE short-term target (1 week): $208.54 (+26.4%)
• Aave medium-term forecast (1 month): $180-240 range • Key level to break for bullish continuation: $179.57
• Critical support if bearish: $158.36
Recent Aave Price Predictions from Analysts
The latest Aave forecast from multiple analysts shows convergence around oversold recovery scenarios. CoinCodex presents the most aggressive AAVE price target of $261.07, representing a 58.2% gain from current levels, based on expected technical momentum over the next 5 days.
FX Leaders takes a more conservative approach with their AAVE price prediction of $168.77, citing bearish RSI and MACD signals. However, both Blockchain.News analyses point to $208.54 as a reasonable target, emphasizing oversold conditions that typically precede bounce scenarios.
The consensus among analysts leans cautiously optimistic, with most expecting AAVE to recover from current weakness despite conflicting short-term technical signals.
AAVE Technical Analysis: Setting Up for Oversold Recovery
Current Aave technical analysis reveals a classic oversold setup that often precedes significant recoveries. The RSI reading of 35.67 sits in neutral territory but has shown recent improvement from lower levels. More importantly, AAVE’s position at 0.08 relative to its Bollinger Bands indicates the token is trading extremely close to the lower band at $158.36.
The MACD histogram at -2.4084 shows bearish momentum is beginning to decelerate, though the indicator remains below the signal line. This divergence often signals trend exhaustion and potential reversal setups.
Volume analysis from Binance shows $19.77 million in 24-hour trading, providing sufficient liquidity for institutional accumulation at these suppressed levels. The daily ATR of $19.18 suggests AAVE maintains healthy volatility for momentum-driven moves.
Aave Price Targets: Bull and Bear Scenarios
Bullish Case for AAVE
The primary bullish scenario targets the $208.54 level, representing a 26.4% recovery from current prices. This AAVE price target aligns with the middle Bollinger Band reversion trade that frequently occurs after extreme oversold conditions.
For aggressive bulls, the $261.07 target represents a measured move higher, requiring AAVE to break above the immediate resistance at $179.57 and sustain momentum through the $198.55 SMA 20 level. This scenario assumes broader DeFi sector recovery and Bitcoin stability above key support levels.
Bearish Risk for Aave
The primary downside risk centers around the $158.36 Bollinger Band lower support. A decisive break below this level could trigger algorithmic selling toward the $125.30 yearly low, representing a 24% decline from current levels.
Secondary support exists at the pivot point of $169.46, though this level appears vulnerable given the weak positioning below all major moving averages.
Should You Buy AAVE Now? Entry Strategy
Based on current Aave technical analysis, a staged accumulation approach appears most prudent. Initial positions can be established at current levels around $164.98, with additional buying planned on any test of the $158.36 Bollinger Band support.
Buy or sell AAVE decision matrix:
– Buy: 50% position at $164.98, 50% reserved for $158.36
– Stop-loss: $150.00 (Below yearly support zone) – Initial target: $179.57 (Previous 24h high)
– Extended target: $208.54 (Analyst consensus)
Position sizing should remain conservative given the broader market uncertainty, with risk management prioritized over aggressive speculation.
AAVE Price Prediction Conclusion
Our AAVE price prediction anticipates a recovery rally to the $208-261 range within the next 5-7 trading days, representing potential gains of 26-58% from current levels. This forecast carries medium confidence based on oversold technical conditions and analyst consensus around recovery scenarios.
Key indicators to monitor include RSI movement above 40, MACD histogram turning positive, and price reclaiming the $179.57 resistance level. Failure to hold the $158.36 Bollinger Band support would invalidate the bullish Aave forecast and suggest deeper correction toward $125.30.
The timeline for this prediction centers on November 24-26, 2025, when technical momentum indicators should provide clarity on directional bias for the remainder of the month.
