Crypto News Today, November 1: South Park Crypto Memecoin Scam Trending as Bitcoin Price Reverse

Crypto news today is actually hilarious, with South Park taking another swing at crypto degens. The new episode’s South Park storyline centers on the kids launching a fake crypto token to pull off a pump and dump scheme.

It’s comedy gold for viewers, but for those trading crypto, especially meme coins, it’s uncomfortably close to reality. While the jokes fly, the Bitcoin price quietly holds back above $110K, climbing off October’s lows and hinting that a Q4 recovery may already be brewing.

Satire aside, the market itself seems to be writing a different kind of punchline, when everyone is doom posting the current price, Bitcoin starts winning again.

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South Park Crypto Hits a Nerve: The Ugly Truth

The South Park crypto skit doesn’t exaggerate much. It mirrors what we’ve actually seen this year. Quick memecoin launches, insider exits, and short-lived hype. Conversations across crypto show half of the community laughing, calling it “too accurate,” but reality hits. Is this what the crypto market has become today?

Predictably, a handful of Solana meme coins popped up within hours of the episode airing, including one called SPSN, attracting curious buyers before most realized the setup screamed “rug pull.”

NEW: The South Park kids launch a Crypto memecoin scam and it’s sort of really accurate pic.twitter.com/HQRmUeh7Ll

— Autism Capital (@AutismCapital) November 1, 2025

What’s interesting is how Bitcoin price action feels like the opposite of that chaos. BTC bounced about 1.4% this week, staying above its 50day moving average near $105,000, a strong level.

Historically, October’s dips don’t always drag into November. According to data, November is Bitcoin best month, with its price saw a 451.2% jump in a month. While October is usually a good month for Bitcoin, the usual pump level of “uptober’ is never percentagely better than November.

Crypto news today is actually hilarious, with South Park taking another swing at crypto degens. All while Bitcoin price is recovering.

(source – Curvo)

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Bitcoin Price Bottom Could Be In and the Q4 Rally May Have Started

Technical charts suggest the Bitcoin price may have already hit bottom at around $106,000. The RSI briefly dipped to 45 before bouncing, a textbook oversold reversal. On top of that, the MACD just crossed bullish, echoing setups that kicked off major rallies in 2020 and 2023. Analysts following crypto news today trends see potential for a push toward $120,000 once volume bids.

Crypto news today is actually hilarious, with South Park taking another swing at crypto degens. All while Bitcoin price is recovering.

(source – TradingView)

And oddly enough, the South Park crypto episode might signal sentiment turning a corner. Whenever mainstream TV starts mocking scams, it usually means the worst excess is behind us.

Bitcoin’s network hash rate remains at an all-time high, hinting at deep underlying strength. After a tough October, history suggests November often flips the script.

This time, the data points toward a big rally, not another dip.

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3 hours ago

Will Crypto Reverse Next Week?

By Akiyama Felix

Crypto analyst says so, and we might see a reversal next week.

Bitcoin breakout is loading

The price has been trading within this big symmetrical triangle for more than a month in the 1D-timeframe

Praying for an upside breakout !! pic.twitter.com/OjT1bVf9IP

— Ash Crypto (@Ashcryptoreal) November 1, 2025

7 hours ago

Solana Price Prediction: Is Solana’s Strong On-Chain Activity Signaling a Bitcoin-Style Breakout Ahead?

By Akiyama Felix

Bitwise Chief Investment Officer Matt Hougan says Solana price could follow a path similar to Bitcoin over time. He argues that both assets may benefit from the same broad forces shaping the digital-value market.

Hougan outlined two key drivers behind Bitcoin’s valuation. First, the store-of-value market continues to grow as investors look for alternatives to traditional assets.

1/ The best crypto investments give you two ways to win. A thread exploring one reason I’m so bullish on Solana.

🧵

— Matt Hougan (@Matt_Hougan) October 30, 2025

Second, Bitcoin could capture a larger share of that market as it matures. Hougan said that if the market simply doubled and Bitcoin kept its current share, its price would likely rise in line with that expansion.

If Bitcoin’s share climbed toward 50% similar to gold’s standing, he believes the price could reach about $6.5 million per coin.

He said the same logic could work for Solana. In his view, the chain now serves as a base layer for stablecoins and tokenized real-world assets, areas he believes could grow many times from here. Hougan has also argued that the new US exchange-traded products could help Solana push to fresh highs.

Bitwise launched its spot SOL ETF on October 28 under the ticker BSOL. Grayscale rolled out its own version the next day, listed as GSOL.

The formula is simple:

ETF Flows + Treasury Company + Simple Story = All-Time Highs

It worked for Bitcoin, it's working for Ethereum, and it's lined up for Solana.

Nice graphic @scottmelker. https://t.co/c3Ny4PulcK

— Matt Hougan (@Matt_Hougan) August 29, 2025

The two funds brought in about $154 million in their first sessions. Together, they now manage roughly $439 million in SOL exposure, or about 0.4% of the token’s circulating supply.

Read the full story here.

13 hours ago

ZEC Crypto: Can Zcash’s Halving Push ZEC Price Past $1000 In The Next Altcoin Season?

By Akiyama Felix

The momentum behind Zcash crypto is unmistakable, as the ZEC token has surged at a rate exceeding 10x in recent weeks and has broken the $400 mark. With privacy protocols back in favor and speculation building around a major halving event, the ZEC price rally has become a focal point for FOMO-driven traders and savvy investors seeking the next wave in altcoin season.

Is Zcash simply catching wind, or is this the setup all ZODLers have been waiting for more than 4 years?