Bitcoin Dips as Japan Approves $135B Stimulus
Japanese Prime Minister Sanae Takaichi’s cabinet approved a $135.4B stimulus package, yet Bitcoin ($BTC) fell 0.8% to $85,480 amid inflation concerns. #Update #Crypto $BTC
Japanese Prime Minister Sanae Takaichi’s cabinet approved a $135.4B stimulus package, yet Bitcoin ($BTC) fell 0.8% to $85,480 amid inflation concerns. #Update #Crypto $BTC
More than 65 crypto organizations urge President Trump to direct federal agencies on digital asset rules, seeking tax guidance and regulatory clarity for DeFi and Tornado Cash developer. #Update #Legal
@Anchorage Digital integrates Mezo with its institutional wallet, enabling BTC borrowing at 1% and upcoming reward options. #Update #Crypto $BTC
The iShares Bitcoin Trust saw $355M outflows, contributing to $903M in net withdrawals from US spot Bitcoin ETFs as Bitcoin’s price fell to $85,400. #Update #Crypto $BTC
Bitcoin price fell as major US equities declined due to a tech-led sell-off and investor concerns over AI spending and Federal Reserve policy changes. #Update #Crypto $BTC
Ray Dalio warns that quantum computing could undermine $BTC, favoring gold as a more reliable store of value. Czech National Bank tests crypto with $100M investment. #Update #Crypto $BTC
Bitcoin OG Owen Gunden deposits 2,499 BTC ($228M) to Kraken, sparking market speculation amid bearish sentiment and potential cycle bottom. #Breaking #Crypto $BTC
Senators release bipartisan draft for crypto oversight, empowering CFTC and tightening consumer protections to boost liquidity and adoption across U.S. trading venues. #Update #Crypto
US Bitcoin ETFs saw $75 million in net inflows, ending a five-day outflow streak, led by @BlackRock’s iShares Bitcoin Trust ETF. #Update #Crypto #BitcoinETF
XRP gains traction with ecosystem growth and Spot XRP ETFs but needs to hit $30.61 to match Bitcoin’s market cap of $1.84 trillion. #Update #Crypto $XRP
Fundstrat’s Tom Lee attributes crypto market weakness to the Oct. 10 liquidation event, impacting market makers and liquidity. #Update #Crypto $BTC
Metaplanet unveils preferred shares “Mars” and “Mercury” to raise $135M, enhancing its Bitcoin strategy. Mercury offers a 4.9% fixed dividend with conversion rights. #Update #Crypto
Liquidity concerns rise as $840M exits stablecoin sector since Nov. 15, impacting crypto market liquidity. #Update #Crypto $USDT
Bitcoin’s price nears a “max pain” range of $73,000-$84,000, highlighting institutional cost bases for @BlackRock’s IBIT ETF and MicroStrategy as potential deep discount zones. #Update #Crypto $BTC