What Happened in Crypto Today: Is Ethereum Inching Closer to Death?
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What Happened in Crypto Today: Is Ethereum Inching Closer to Death?

Here is a 2-minute breakdown of everything important that happened in crypto today.

What Happened in Crypto Today: Is Ethereum Inching Closer to Death?

Índice

Something's off with Ethereum, and nobody wants to talk about it.

You'd think with Bitcoin breaking above $90K and the whole market riding high after Trump's win, ETH would be right there celebrating too.

But nope. The second-largest crypto is sitting at $3,100 (after hitting ~3,400), looking like it just isolated itself.

That's ~44% below its best days - and the silence from the Ethereum community? Pretty awkward.

Even the big money seems to be giving ETH the cold shoulder. While they're throwing billions at Bitcoin ETFs, Ethereum's barely getting any attention.

And in a market where even meme coins are breaking records? That's... concerning.

So what's really going on? Let's make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours:

  • A "Check your DMs" tweet from a16z sent an AI CTO token soaring 50%. But why would a16z be interested in a month-old AI project? 🤔
  • Options Clearing Corporation is prepping for official Bitcoin ETF options trading by Nov 19. But are we ready for another wave of institutional money, or is this going to be another "sell the news" event? 📈
  • MicroStrategy just bought another 51,780 Bitcoin ($4.6B) and wants $1.75B more. With 1% of all Bitcoin under their control, are they becoming too big to fail? 🐋
  • The "Crypto Queen" Razzlekhan gets 18 months for laundering $10.8B in Bitcoin while writing articles about... preventing crypto crime. How did someone so public manage to hide such massive transactions for so long? 🕵️
  • Bitcoin ETFs hit $138B in total assets with $1.67B flowing in last week alone. But why are Ethereum ETFs struggling to attract such attention? 💰

Let's dive in!

A Hidden Connection Between a16z and This AI Token?

A two-word X post just transformed an AI project's trajectory.

When AI16Z's founder casually reached out to a16z's CTO lead Eddy Lazzarin on X, the response was simple: "Check your DMs." That's all it took for the markets to react.

The token, which powers a DAO run by an AI agent named Eliza, surged 50% in mere hours. That's a $480 million market cap for a project that launched just last month.

So is it official? The CTO is being assisted by a16z? Read the full story!

Bitcoin ETF Options Incoming!

TradFi is about to add another crypto tool to its arsenal.

The Options Clearing Corporation (OCC) just announced they're ready to handle options trading for spot Bitcoin ETFs. Translation? You might soon be able to trade options on BlackRock's Bitcoin ETF (IBIT) - possibly as early as Nov. 19.

So are we expecting another BTC-ETF-launch-style pump? Read the full story!

MicroStrategy's Making Moves

MicroStrategy just made its boldest Bitcoin move yet.

The company just bought 51,780 Bitcoin for $4.6 billion, pushing their total stash to 331,200 BTC. That's over 1% of all Bitcoin that will ever exist.

But that’s not it - they're planning to raise another $1.75 billion through zero-interest notes to buy even more.

Translation? Read the full story!

The Crypto Queen Who Rapped About Crime... Then Got Caught

A rapper, tech influencer, and now convicted crypto launderer - Heather Morgan's story just got its final chapter.

Known online as "Razzlekhan," Morgan was just sentenced to 18 months in prison for her role in laundering $10.8 billion worth of stolen Bitcoin from the infamous 2016 Bitfinex hack. Her husband got 5 years for masterminding the whole operation.

The irony? Before her arrest, Morgan was writing articles about cybercrime prevention while simultaneously helping to launder 120,000 Bitcoin through coin mixers and darknet markets.

How did she manage to hide everything while going public about her methods? Read the full story!

These ETF Numbers Are Getting Ridiculous

Bitcoin ETFs just hit another mind-bending milestone - $138 billion in total assets. Let that sink in.

With Bitcoin touching $93,400, investors can't seem to get enough. They poured $1.67 billion into Bitcoin ETFs just last week, pushing Bitcoin ETF assets to $95.4 billion. That's six straight weeks of people throwing money at these funds.

But what about Ethereum ETFs? Why aren’t they getting the same love? Read the full story!

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