Coinbase’s strategic decision to leave Delaware and reincorporate in Texas 
marks a defining shift in America’s corporate landscape, positioning Texas as 
the nation’s emerging powerhouse for blockchain innovation and business 
freedom. Coinbase Relocates to Texas, Redefining US Corporate and Crypto 
Landscape Crypto exchange Coinbase (Nasdaq: COIN) announced on Nov. 12 that it 
will leave Delaware […]

Coinbase Ditches Delaware for Texas, Advancing Its Mission of Economic Freedom

According to an analyst, Bitcoin sits in a liquidity set-up that has shown up 
before big rallies. Prices are not shooting higher yet. At press time Bitcoin 
trades around $104,500, down 0.5% over the past day. Related Reading: XRP’s 
Next ‘Face-Melting’ Rally Could Hit Within 6 Weeks—Analyst Traders watched a 
decline of about 1.8% earlier that pushed the price near $103,400 and it 
briefly touched $102,850 during the move. Stablecoin Signal Points Toward 
Accumulation CryptoQuant analyst Moreno points to the Stablecoin Supply Ratio, 
or SSR, as the first clear indicator. The SSR compares Bitcoin’s market cap to 
the total market cap of stablecoins. It has dropped back into the 13 range. 
Based on historical readings, that 13 area has lined up with market lows in 
mid-2021 and at several moments across 2024. Reports show that when SSR fell 
to similar levels, liquidity quietly built up and buying followed after a 
period of low volatility. Liquidity Pattern Has Appeared Before Every Bitcoin 
Surge — And It&#8217;s Back “We&#8217;re witnessing a liquidity configuration that has 
only appeared a handful of times since 2020, and each instance marked a 
pivotal moment for Bitcoin&#8217;s trajectory.” – By @MorenoDV_ 
pic.twitter.com/vWKcCkyn55 — CryptoQuant.com (@cryptoquant_com) November 11, 
2025 Binance Reserve Trends Add A Second Layer The second metric Moreno 
highlights comes from Binance. On that exchange, stablecoin balances are 
rising while Bitcoin reserves are shrinking. In plain terms: more cash-like 
tokens sit on the exchange and fewer coins are being held there. That pattern 
has appeared only a handful of times since 2020, according to the data he 
referenced. Each time, the movement suggested capital waiting on the sidelines 
and holders moving coins off exchanges into longer-term storage. Market Calm 
Can Hide Big Moves The current trading backdrop is cautious. Many investors 
expected a lift after news that the US Congress approved short-term federal 
funding through January 30, yet crypto did not rally with other risk assets. 
Some capital rotated back to stocks. At the same time, large holders took 
profits after recent highs, and momentum cooled. That mix shows how macro 
events can shift flows without immediately turning into crypto buying. Risk 
Still Exists — Structure Could Break Moreno warns this liquidity zone acts 
like a final structural support. If the metrics break down decisively, it 
could signal a deeper reset before any sustained recovery. In that scenario, 
buying would likely be delayed and volatility would rise. This is not a 
guaranteed outcome, but it is a clear risk that traders watch closely. 
Outlook: Limited Downside, Growing Upside Based on reports and on-chain 
signals, Moreno believes the risk-to-reward favors buyers at these levels. He 
points to the built-up stablecoin supply and falling exchange BTC reserves as 
reasons for that view. Related Reading: Could Shiba Inu Triple? Analyst Sees 
200% Move Coming Historical patterns suggest the last three months of the year 
often bring gains for Bitcoin, but past behavior does not promise future 
returns. For now, the indicators show capital parked in stablecoins and fewer 
coins available on major exchanges. That creates a setup where fresh buying 
could push the market higher quickly if sentiment turns. Yet the opposite is 
possible: a break below these levels would reshape the cycle and force many 
participants to rethink positions. Markets will decide which path comes next. 
Featured image from Gemini, chart from TradingView

Bitcoin’s Historical Liquidity Indicator Just Lit Up — Big Move Incoming?

Bitcoin’s momentum loss continues as long-term holders add to the market 
selling pressure, and rising US dollar strength leads investors to reduce 
their exposure to risk.

3 reasons why Bitcoin struggles to overcome each new overhead resistance level

Polymarket has announced an exclusive partnership with Yahoo Finance, becoming 
the sole provider of prediction market data on one of the world’s most-visited 
financial platforms. Polymarket Partners With Yahoo Finance, Strengthening 
Web3-TradFi Bridge Polymarket’s Nov. 12 announcement marks a major step in 
integrating blockchain-based prediction markets with traditional finance 
(TradFi). Under the agreement, Yahoo Finance […]

Polymarket Strikes Exclusive Deal With Yahoo Finance for Prediction Market Data

Hedera’s Asset Tokenization Studio added ERC-3643 to help institutions launch 
compliant, modular digital assets on the blockchain network.

Cryptocurrency price in ZAR