Cointree Crypto Market Update - November 5th 2025

Market report for traders

🔮 BTC, ETH, and Altcoins

Over the last 7 days, Bitcoin ends at AU$155,472 moving -9.53% at the time of writing. Meanwhile, Ethereum ends at AU$5,027 moving -16.92% week-on-week. On the Altcoin side, Solana -19.25%, Dogecoin -14.78%, and XRP -14.08% change.\ \

🗞 What’s happening in the news?

🟠 Bitcoin Whitepaper Turns 17

On 31 October 2008, a nine-page PDF titled Bitcoin: A Peer-to-Peer Electronic Cash System quietly appeared on a cryptography mailing list. Seventeen years later, it’s the foundation of a AU$3.7 trillion digital asset market.

The wallet believed to belong to Bitcoin’s pseudonymous creator Satoshi Nakamoto holds 1.096 million BTC, unmoved since 2010. That fortune worth roughly AU$185 billion saw a AU$7.7 billion paper drop after a minor 2.5% slide in Bitcoin’s price. This year’s anniversary coincided with one of the largest derivatives expires in months: AU$20.6 billion in Bitcoin options and AU$3.8 billion in Ethereum contracts cleared on Halloween, creating a spike in market liquidity.

Seventeen years on, the original whitepaper continues to shape financial systems and policy debates globally, proving that a nine-page document can redefine the meaning of money.

🏦 ECB Pushes Ahead With Digital Euro Despite Heavy Backlash

The European Central Bank has entered its final preparation phase for a retail CBDC, targeting 2029 pending legislative approval. Lagarde said, “It’s a symbol of trust in our common destiny,” and added, “As much as banknotes will continue to circulate, we want cash to be in the form of a digital euro as well.” Critics pushed back. “The common currency is ‘a symbol of trust in our common destiny,’ but creating a central bank digital currency erodes that trust by opening up the door to real-time monitoring of our payments and spending habits”, said political writer David Thunder. Lawmakers in France proposed banning CBDCs, while a German party urged treating Bitcoin as a national strategic asset.

🟤 Major Exploit Hits Balancer v2: AU$198 Million Drained in DeFi Hack

On 3 November 2025, the decentralised-finance protocol Balancer v2 disclosed a major exploit affecting its liquidity-pool vaults across ETH, Arbitrum, Polygon, Base and other chains. According to blockchain-security firm Cyvers, total losses had reached about USD$128 million (≈ AU$198 million) by that morning.

The vulnerability centred on Balancer’s v2 smart-contract architecture, particularly its unified “Vault” system that aggregates token holdings and manages swaps. Security researchers at BlockSec and Cyvers identified the attack vector as an invariant-manipulation exploit: the attacker introduced falsified token values into the vault logic and executed rapid withdrawals at distorted rates. (CCN.com)

In a public statement, the Balancer team confirmed:

“We are aware of a potential exploit impacting Balancer v2 pools. Our engineering and security teams are investigating with high priority.”

The incident prompted Balancer and several other protocols to review smart-contract exposure and implement additional monitoring measures. On-chain data indicates that the exploiter’s wallet continued activity during the initial investigation, though several exchanges and blockchain partners have since assisted in mitigation and recovery efforts. (DL News)

📖 What we’ve been reading

📣 Deep-fake Scam Ads Mix Crypto Narratives With Australian Politics

AI-generated videos impersonating Anthony Albanese and promising tax-dividends are featuring on YouTube and targeting Australians, prompting warnings from regulators about evolving investment-scam tactics.

Read more ➔

🔍 Crypto Wallet Crackdown: Australian Police Seize A$ 5.9M In Digital Assets

Australian law-enforcement agencies, supported by data-science expertise, successfully deciphered an encrypted wallet backup on a mobile device and seized approximately A$ 5.9 million in cryptocurrency.

Read more ➔

💰 Tether’s US$10B Profit Puts It Among Wall Street Giants

Stablecoin giant Tether is making billions on its US Treasury reserves, putting it in league with some of Wall Street’s top earners.

Read more ➔

*Disclaimer: The information provided is for educational purposes and does not constitute financial product advice. You should obtain independent advice from an Australian financial services licensee before making any financial decisions.*