Starcoin Group is facing a trading suspension from the HKEX over “insufficient operations”

The post Ethereum Drops Below $3,000 Amid Sell-Off Pressure appeared on BitcoinEthereumNews.com. Key Highlights On November 17, ETH dropped below the support level of $3,000 after witnessing massive liquidation  Bitcoin has also plunged below $92,000, sparking a panic sell in the crypto market Despite a major drop, Tom Lee believes that ETH could hit $7,000 in the next 45 days The ongoing turmoil in the cryptocurrency market has pushed the second-biggest cryptocurrency, Ethereum, below the support level of $3,000. This sharp decline in cryptocurrency sparked a panic in the crypto community about volatility in the crypto market. Bitcoin (BTC) has also witnessed a similar downward trend, pulling down its valuation below $92,000, according to CoinMarketCap. Ethereum Enters Major Liquidation Zone, But Analysts Are Still Confident (Source: Coinglass) According to Coinglass, 164,696 traders were liquidated, and the total liquidations came in at $894.65 million in a day. At the time of writing, Ethereum is trading at around $2,982.37 with a 3.97% drop on the daily chart. Bitcoin is trading at around $91,448.19 with a 2.98% drop in 24 hours. The overall market capitalization of cryptocurrency has also taken a hit, shrinking to $3.1 trillion. $ETH has a liquidity cluster around the $2,900-$3,000 level. With BTC showing weakness, I think Ethereum will sweep that level. On the upside, ETH has some decent liquidity around the $3,600 level. pic.twitter.com/TAGk4XJrnx — Ted (@TedPillows) November 17, 2025 According to Ted, a crypto analyst on X, Ethereum has a major concentration of trading liquidity in the range of $2,900 to $3,000. In the past, this support zone has often functioned as a price magnet.  While Bitcoin is showing weakness, the analyst believes that Ethereum will move down to sweep that lower support zone. On the other hand, for any upward momentum, the analyst has marked another major liquidity pool near the $3,600 level. It could also become a…

The post ICP Drops as Breakdown Below $5.00 Extends Multi-Session Weakness appeared on BitcoinEthereumNews.com. ICP declined to $4.8119 over the last 24 hours, down 5.57%, as the token extended its retracement from last week’s highs. The move pushed ICP firmly below the $5.00 threshold—a level that has repeatedly acted as a pivot throughout recent months, according to CoinDesk Research’s technical analysis data model. The decline unfolded across a wide trading range, with prices touching $4.69 at the day’s lows. Trading activity rose sharply, with volume jumping 98% above the daily average, marking one of the most active sessions of November. The increase coincided with repeated failures to regain the $5.00 area, establishing a clearer resistance zone following the steep pullback from earlier monthly highs near $9.50. Intraday data shows several attempts to stabilize around $4.70, where brief recovery moves produced a series of higher lows alongside volume bursts of 207K and 167K tokens. These signals point to early signs of stabilization even as ICP remains below key resistance. The broader structure now reflects a shift into short-term consolidation. Immediate resistance sits near $4.75, followed by the more consequential $5.00 threshold. Support between $4.69–$4.70 remains the key zone determining whether ICP can avoid a deeper retracement in the sessions ahead. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. Source: https://www.coindesk.com/markets/2025/11/17/internet-computer-slides-as-break-below-usd5-00-reinforces-bearish-technical-shift

The post Filecoin Upgrade Leads to 36% Network Utilization Increase appeared on BitcoinEthereumNews.com. Key Points: Filecoin upgrade enhances network utilization; capacity and fees shift. Network fees rise by 14% post-v27 upgrade changes. Filecoin’s capacity drops to 3.0 EiB amid utilization increases. Filecoin’s network utilization increased to 36% in Q3 2025, with decreased capacity of 3.0 EiB and a 14% rise in network fees following the v27 “Golden Week” upgrade. These changes reflect shifts in network efficiency and financial dynamics, influencing Filecoin’s role in the DeFi space and implications for related digital assets. Fee Hikes and Capacity Reduction Reshape Filecoin Ecosystem According to CoinMarketCap, as of November 17, 2025, Filecoin (FIL) trades at $2.11, with a market cap of $1.51 billion. The token showed a 9.98% gain in 24 hours. Its 30-day trend of a 40.89% increase contrasts with an 18.43% seven-day decline, reflecting market volatility. Filecoin saw a 14% quarterly increase in network fees, totaling approximately $793,000, driven largely by penalties accounting for 99.5%. The changes could prompt file storage operators to adapt to the new conditions swiftly. Market reactions are evident as Filecoin develops infrastructure for decentralized data storage, capturing attention across the crypto sphere. Unfortunately, the lack of direct public statements from the leadership and KOLs at the time has led to a gap in user sentiment and expert opinion surrounding these significant changes. The Coincu research team observes Did you know? Since its inception, Filecoin has pushed the boundaries of decentralized data storage, and the v27 upgrade exemplifies the network’s commitment to minimizing operational costs while enhancing efficiency. The Coincu research team observes the v27 upgrade might bolster Filecoin’s technological viability and broaden enterprise adoption prospects. Long-term network enhancements could position Filecoin favorably against competing data storage solutions, fostering a shift towards sustainable, developer-centric growth. Filecoin(FIL), daily chart, screenshot on CoinMarketCap at 20:08 UTC on November 17, 2025. Source: CoinMarketCap…