Bitcoin Bearish Despite US Shutdown Resolution
Bybit and Block Scholes report reveals bearish sentiment in crypto derivatives as Bitcoin falls below $100K amid weak US equities. #Update #Crypto $BTC
Bitcoin
Bitcoin’s 50-Year Joke Reveals Crypto Evolution
Ripple CTO David Schwartz humorously noted that Bitcoin’s evolution spans decades, highlighting the slow core changes versus rapid edge developments like Lightning payments and Ordinals. #Update #Crypto $BTC
Bitcoin CFO Loses $35M in Crypto
Nevin Shetty, ex-CFO of a software firm, convicted for wire fraud after losing $35M in company funds on his crypto platform; faces up to 20 years.
Bitcoin Crashes Amid US Govt Shutdown
Raoul Pal outlines a liquidity-heavy roadmap post-US government shutdown, highlighting TGA spending and QT end as crypto tailwinds; CLARITY Act may boost regulatory clarity. #Update #Crypto $BTC
Bitcoin Mirrors Nasdaq Losses Not Rallies
Bitcoin remains tightly correlated with Nasdaq-100, reacting more aggressively to declines than rallies, indicating investor fatigue. $BTC #Update #Crypto $BTC
Bitcoin Buying Surge Saylor Strategy Revealed
Michael Saylor confirms @Strategy’s substantial Bitcoin purchases amid market volatility, reinforcing Bitcoin as premier digital capital. Strategy holds over 641,692 BTC. #Update #Crypto $BTC
Bitcoin OP_CAT Debate Revived by Zcash Surge
Prominent figures like the Winklevoss twins advocate for $ZEC adoption as privacy concerns rise. Eli Ben-Sasson suggests Zcash’s resurgence may push Bitcoin to reconsider OP_CAT for enhanced privacy. #Update #Crypto $ZEC
Bitcoin Mining Halts Bitfarms Shifts to AI
Bitfarms posts $46M Q3 loss, plans to exit Bitcoin mining by 2027, pivoting to AI infrastructure with Nvidia support. Bitcoin drops nearly 3%, trading at $99,441. #Update #Crypto $BTC
Bitcoin Whale Buy Sparks 1000x Surge
A $502.6K purchase in $HYPER presale highlights Bitcoin Hyper’s layer-2 ambitions with SVM throughput, raising over $27.5M with potential ROI of 572% by 2026. #Update #Crypto
Bitcoin ETFs See $870M Exit Wave
Bitcoin ETFs experience a massive $870M outflow, while Ether ETFs lose $260M; $SOL sees positive inflow. #Update #Crypto $SOL
Bitcoin Declines Amid US Liquidity Stress
CryptoQuant attributes Bitcoin’s decline to US liquidity stress and profit-taking by long-term holders, with aggressive selling during US trading hours. #Update #Crypto $BTC
Bitcoin Community Challenges Sony Crypto Bank
Sony Bank’s stablecoin charter bid faces opposition from the Independent Community Bankers of America, citing regulatory concerns and potential consumer harm. #Update #Legal
Bitcoin Sale: BlackRock Offloads 2610 BTC
BlackRock clients sold 2,610 Bitcoin worth $257M amid institutional outflows. US spot Bitcoin ETFs saw $867M in net outflows on November 13. #Update #Crypto $BTC
Bitcoin Mining Cost Support Hits $94K
JPMorgan Chase identifies $94,000 as Bitcoin’s support level due to rising mining costs, forecasting a price of $170,000 in 6-12 months. Market predictions vary from $126,000 to $200,000 by 2025. #Update #Crypto $BTC