Bitcoin investors are increasingly taking short positions in Ethereum as a hedging strategy. Ethereum has underperformed Bitcoin by 50% in Q4, prompting traders to favor Bitcoin's structural stability over altcoin exposure. The approach reflects shifting market dynamics as institutional narratives around Ethereum weaken.

BitMine Immersion Technologies purchased 82,300 ETH over the past week, bringing total holdings to approximately 3.4 million ETH valued at $13.25 billion, according to a company announcement. The acquisition solidifies the firm's position as the world's largest corporate Ethereum holder, controlling 2.8% of the asset's circulating supply. The company's total crypto and cash reserves now stand at $13.7 billion.

Dogecoin fell nearly 8% in 24 hours as bearish sentiment intensified. The cryptocurrency faces critical support at $0.18, with analysts warning that a sustained break below this level could trigger a decline toward $0.07. Approximately 28.28 billion DOGE tokens, representing roughly 18% of total supply, were previously accumulated at the $0.07 level.

The Ethereum Foundation's Ecosystem Support Program unveiled a restructured grants framework on November 3, 2025. The initiative replaces open applications with two targeted funding pathways—Wishlist and Requests for Proposals—designed to align support with ecosystem priorities and strategic needs, according to a post by the ESP team.

BitMine Immersion Technologies acquired 82,300 ETH over the past week, increasing its total cryptocurrency and cash holdings to $13.7 billion as of November 2. The company now holds approximately 3.395 million ETH valued at $13.25 billion, along with 192 BTC and $389 million in cash. BitMine's Ethereum position represents roughly 2.8% of circulating supply, surpassing the halfway mark toward its stated goal of controlling 5% of total ETH supply.

Nasdaq issued a formal reprimand to TON Strategy Company on October 28 for violating shareholder approval requirements during its $272 million Toncoin purchase and $558 million private placement financing. The company retains its Nasdaq listing after regulators determined the breaches were unintentional. No further action is required, and shares continue trading under ticker TONX.

Ripple has launched digital asset spot prime brokerage services in the United States through its rebranded platform Ripple Prime, following the October 2025 acquisition of Hidden Road. The platform enables U.S. institutions to execute OTC spot transactions across major cryptocurrencies including XRP and RLUSD. Clients can cross-margin positions across spot, swaps, and CME futures within a single account structure.

Dogecoin has broken below the $0.18 support level, establishing a technical pattern that suggests a potential 40% decline. Analyst Ali Martinez identifies a descending channel indicating DOGE could test $0.12 and potentially drop below $0.10 by year-end 2025. The breakdown represents a significant shift in market structure rather than temporary volatility.