Monday, November 3, 2025
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Bitcoin Price Drops Below $28K as Options Expire, Traders Borrow WBTC From Aave

The leading cryptocurrency by market value slipped by 1% to $27,546 during European hours having failed to keep gains above $29,000 on Thursday, CoinDesk data show. At 08:00 UTC, Deribit, the world's largest crypto options exchange by trading volumes and open interest, settled bitcoin options worth over $4 billion. Source

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Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit

Soon after the United States Commodity Futures Trading Commission (CFTC) sued crypto exchange Binance and its CEO Changpeng “CZ” Zhao for regulatory violations, the entrepreneur sought damage control measures while rejecting allegations of market manipulation. However, investors responded by pulling over 3,400 Bitcoin (BTC) from Binance within 24 hours of the

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