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Elon Musk claims Bitcoin is a true energy-backed currency, contrasting with Peter Schiff’s “fake asset” label, as over $7.8 billion in short positions risk liquidation if Bitcoin reaches $100,000. #Update #Crypto $BTC
Michael Saylor hints at potential new Bitcoin ($BTC) purchases for @MicroStrategy, suggesting further accumulation as the company maintains its long-term strategy despite financial pressures. #Update #Crypto $BTC
@ArthurHayes warns Tether is shifting reserves into Bitcoin and gold amid a Federal Reserve rate-cut cycle, risking strain on USDT’s solvency if prices fall. Total assets reported at $181 billion. #Update #Crypto $USDT
Gold bug Peter Schiff predicts Bitcoin ($BTC) will continue to decline into December, marking its worst November in seven years, while gold and silver gain 60% and 95% YTD. #Update #Crypto $BTC
Arthur Hayes predicts $BTC could reach $500,000 by the end of next year due to Fed quantitative easing, with Kevin Hassett likely becoming the next Fed chair. #Update #Crypto $BTC
Bitcoin price is rising as five key factors align, including returning demand and U.S. spot accumulation, potentially driving it toward $100,000 by year-end. #Update #Crypto $BTC
@Hyperliquid moved $90 million worth of HYPE from staking to spot, raising community concerns about treasury activity; the wallet still holds over 240 million staked HYPE valued at $8.3 billion. #Update #Crypto $HYPE
China is intensifying its crackdown on digital assets, preparing new enforcement measures against crypto and stablecoin payments amid rising economic risks. Officials emphasize the illegality of virtual assets as currency. #Update #Crypto
@Coinbase submitted policy recommendations to the CFTC, advocating for clearer regulations on DeFi and stablecoins, highlighting their potential to enhance U.S. derivatives markets. #Update #Crypto $USDT
21Shares XRP ETF will launch on Monday, marking the fifth XRP ETF in the U.S. as institutional inflows reach $666 million in under a month. #Update #Crypto $XRP
Veteran trader Peter Brandt predicts potential rallies for $XRP and $BCH amid current bear market sentiment, with $XRP at $2.21 and $BCH at $539.25, both showing recent upward trends. #Update #Crypto $XRP $BCH
@CoinShares has withdrawn three cryptocurrency ETF plans, indicating no shares were sold post-S-1 registrations. This comes amid shifting regulatory expectations, while other issuers like Franklin Templeton continue to advance their ETF initiatives. #Update #Crypto $SOL $XRP $LTC
@BlackRock has acquired $589 million in Bitcoin and Ethereum from Coinbase, receiving 4,044 BTC and 80,121 ETH amid a recovering crypto market. #Update #Crypto $BTC $ETH
Upbit identified and fixed a critical wallet vulnerability during its investigation of a $30 million theft, confirming losses of approximately 44.5 billion KRW. Security measures are being enhanced. #Update #Crypto $SOL
