[LIVE] Crypto News Today, November 3 – Why Is Crypto Crashing Again? BTC Price USD Defends $107K as Balancer Is Being Exploited for Over $70M – Best Crypto to Buy

BitMine's stock has faced a tough week, dropping for seven straight days as the broader crypto market struggles. With Bitcoin and other major altcoins continuing to decline, BitMine Immersion's stock fell to $42.76, marking a significant drop of 73% from its previous highs. This situation highlights the volatility in the cryptocurrency sector and raises concerns for investors about the future performance of crypto-related stocks.

Balancer Protocol has reportedly suffered a significant exploit, leading to losses exceeding $98 million, which raises serious concerns about security in the decentralized finance (DeFi) sector. With over $700 million in total value locked, this incident marks one of the largest breaches in DeFi history for 2025. The attack highlights ongoing vulnerabilities in the crypto space, making it crucial for investors and users to remain vigilant and for protocols to enhance their security measures.

Balancer, a prominent decentralized finance platform, has suffered a significant exploit resulting in the draining of over $116 million from its V2 liquidity pools. This incident highlights vulnerabilities in the DeFi space, raising concerns among investors and users about the security of their assets. As the crypto market continues to evolve, such breaches can undermine trust and lead to increased scrutiny from regulators, making it crucial for platforms to enhance their security measures.

Hedera's HBAR has seen a significant decline of 5%, breaking through the crucial support level of $0.19. This drop has caught the attention of traders who are now closely monitoring the situation for potential technical reversals. The decline is concerning as it may indicate broader market trends affecting investor confidence in cryptocurrencies. Understanding these movements is essential for traders and investors alike, as they navigate the volatile landscape of digital assets.

The Bitcoin market is currently facing significant challenges as short-term holders are experiencing heavy losses due to a negative realized profit/loss ratio. Following a recent market shakeup driven by tariff tensions between the US and China, Bitcoin's price has struggled to maintain its value, dropping below the $110,000 mark after a brief rally. This situation is crucial as it highlights the ongoing volatility in the cryptocurrency market, impacting investor confidence and financial strategies.

Michael Saylor's bold prediction that Bitcoin could reach $150K by the end of 2025 and potentially $1M by 2029 has sparked significant interest in the cryptocurrency market. He attributes this optimistic outlook to factors like reduced volatility and increased institutional adoption. Additionally, the emergence of Bitcoin Hyper ($HYPER) as a promising Layer-2 solution aims to enhance Bitcoin's scalability and DeFi capabilities, making it an exciting development for investors and enthusiasts alike.

Ethereum continues to lead the DeFi space with an impressive $370 billion in user assets locked, significantly outpacing competitors like Solana and Polygon. This dominance highlights Ethereum's robust network effects, experienced developers, and substantial liquidity, making it the preferred platform for high-value transactions. Additionally, the rise of Best Wallet Token ($BEST) indicates growing interest in leveraging Ethereum's ecosystem, which could further enhance its position in the market.

Maxi Doge ($MAXI) is gaining attention as a promising altcoin, especially as analysts signal a potential buying opportunity for Dogecoin ($DOGE) within the $0.17 to $0.21 range. This consolidation phase is seen as a 'buy-the-dip' moment, supported by a bullish long-term outlook and key technical indicators. The rise of Maxi Doge, a new meme coin with a unique branding, adds excitement to the market, suggesting that even in quieter times for Dogecoin, there are still opportunities for traders to capitalize on.

Cardano (ADA) has seen a significant price drop of over 5%, now trading around $0.57, following a 10% decline last week. This downturn reflects a bearish sentiment among traders, with a long-to-short ratio of 0.75, indicating more bets on further declines. Charles Hoskinson, the founder of Cardano, has pointed fingers at the community for the struggles in the decentralized finance (DeFi) sector. This situation is crucial as it highlights the challenges facing ADA and the broader implications for the DeFi market, which could affect investor confidence and future developments.

AMINA Bank has made a significant move by securing a full MiCA license for its Austrian subsidiary, allowing it to operate across approximately 30 markets in the EU. This expansion not only enhances the bank's presence in Europe but also opens up new opportunities for investors looking for reliable financial services. The MiCA license is a crucial step in ensuring compliance with EU regulations, which is vital for building trust and credibility in the financial sector.

Walmart's CEO believes that the integration of AI will transform job roles across the retail sector, focusing on enhancing efficiency and fostering innovation while ensuring workforce stability. This shift is significant as it highlights how technology can reshape the future of work, potentially leading to a more productive and adaptable retail environment.

BitMine's stock has faced a tough week, dropping for seven straight days as the broader crypto market struggles. With Bitcoin and other major altcoins continuing to decline, BitMine Immersion's stock fell to $42.76, marking a significant drop of 73% from its previous highs. This situation highlights the volatility in the cryptocurrency sector and raises concerns for investors about the future performance of crypto-related stocks.

A long-dormant Bitcoin whale has made a significant move by transferring 2,300 BTC to a Paxos wallet, sparking interest in the cryptocurrency community. This action is noteworthy as it could indicate a shift in market dynamics, potentially influencing Bitcoin's price and trading activity. Analysts are keenly observing this development, as such large transactions often precede market movements, making it a crucial moment for investors and traders alike.

Ripple's CTO, David Schwartz, recently emphasized that XRP is designed to empower individuals by giving them direct control over their finances, rather than aiming to replace traditional banks. This clarification is significant as it highlights the potential of XRP to facilitate seamless value transfer without the need for intermediaries, which could revolutionize how people manage their money in a decentralized manner.