Bitcoin Volatility Plunges Strategy Shares 10%
Bitwise Asset Management will launch its XRP ETF tomorrow, marking its expansion into altcoin markets with institutional-grade exposure. #Update #Crypto $XRP
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin ETF Sees Historic Capital Outflow
BlackRock’s IBIT fund saw a record capital outflow of $523.15M on November 18, marking the largest single-day withdrawal in history as total outflows exceed $2B weekly amid market corrections. #Update #Crypto $BTC
Bitcoin-Backed Loans Launch for Institutions
@Anchorage is integrating Mezo’s BitcoinFi tools into its custody platform, enabling institutions to borrow against $BTC in a compliant manner. #Update #Crypto $BTC
Bitcoin Dips as Asia Markets Turn Defensive
Bitcoin is trading around $92,000 as demand weakens, with short-term holders realizing losses and ETF flows negative; support at $88,600 critical for market stability. #Update #Crypto $BTC
Bitcoin Wallet CTO Gets 4-Year Sentence
William Lonergan Hill sentenced to four years for operating an unlicensed money transmitter, processing $2B in Bitcoin via Samourai Wallet. Co-founder Keonne Rodriguez received five years. #Breaking #Legal
Bitcoin Struggles Near Key Resistance Zones
Bitcoin price finds support at $88,570 but struggles below $93,000 with resistance near $93,500; potential decline if it fails to rise above this level. #Update #Crypto $BTC
Bitcoin Nominee Rejects CFTC Resource Boost
CFTC Chair nominee Mike Selig declines to commit to more resources or Democrat commissioners as the agency prepares for crypto regulation, raising concerns among Senate Democrats. #Update #Legal
Bitcoin Crashes Below $90K Fear Intensifies
Bitcoin enters a critical phase as short-term holders realize significant losses, with STH-SOPR below 1.0 indicating panic selling. $BTC remains under pressure near $90K. #Update #Crypto $BTC
Bitcoin Wallet’s Hill Sentenced 4 Years
William Hill, co-founder of @SamouraiWallet, sentenced to four years for laundering over $237M via Bitcoin mixing services. Co-founder Keonne Rodriguez received five years. #Breaking #Legal
Bitcoin Reclaims $90K as Nvidia Soars
Nvidia’s earnings beat and strong outlook calmed crypto markets, boosting $BTC above $90K; AI-focused tokens like $TAO, $NEAR, and $RNDR rose 4%-5%. #Update #Crypto $BTC
Bitcoin Losses Hit 7M Mark
Bitcoin holds around $90K amid divided sentiment; 6.96M BTC at unrealized loss, highest since Jan 2024, reflecting emotional selling pressure. #Update #Crypto $BTC
Bitcoin Drives Renaissance Technologies Shares Surge
Renaissance Technologies disclosed a significant stake in @MicroStrategy, highlighting renewed quantitative interest in the bitcoin-focused firm. #Update #Crypto
Bitcoin Launches Tether-Backed Loan Initiative
@Tether invests in @Ledn to enhance bitcoin-backed lending, with Ledn issuing $1 billion in loans in 2025. The crypto-collateralized lending market is projected to grow from $7.8 billion in 2024 to over $60 billion by 2033. #Update #Crypto $USDT
Bitcoin Bond Launches New Hampshire Initiative
New Hampshire’s Business Finance Authority authorized $100M bonds to acquire bitcoin, aiming to protect state finances from inflation. This initiative could set a precedent for future crypto projects. #Update #Crypto $BTC