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
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
Ethereum Surges Against Bitcoin with Key Charts
$ETH shows relative strength at $3,230 while $BTC drops over 2% to $97,200, boosting the ETH/BTC ratio by more than 2%, indicating potential bullish momentum. #Update #Crypto $ETH
Bitcoin Maximalism Declines as PEPENODE Rises
Bitcoin’s ETF evolution is diversifying crypto portfolios, with capital shifting to altcoins like $PEPE. PEPENODE blends meme culture with virtual mining. #Update #Crypto $PEPE
Bitcoin Crashes to $97K $300M Liquidated
$300 million in leveraged long crypto positions were liquidated as Bitcoin fell to $97,000, impacting 235,644 traders with $1 billion in total liquidations. #Update #Crypto $BTC
Bitcoin Whales Sell But No Sudden Exodus
Bitcoin whale Owen Gunden transferred 2,400 BTC ($237M) to Kraken, reflecting typical late-cycle behavior, according to @Glassnode. Analysts suggest this isn’t a panic sell-off. #Update #Crypto $BTC
Tether Dominance Surges to 50 Percent High
Tether’s dominance in the crypto market has surged to its highest since April, reflecting risk aversion as Bitcoin drops 11% this month to $97,630. #Update #Crypto $USDT
Bitcoin Crashes to $98K HODLers Sell
Bitcoin long-term holders have increased selling, contributing to $BTC’s drop below $100,000. Currently priced at $98,500, down 3% in 24 hours. Crypto $BTC
Bitcoin Gains Support from US Voters
Bitcoin’s appeal spans US political divides, with Democrats favoring financial inclusion and Republicans valuing transaction freedom; Independents are more likely to own Bitcoin. #Update #Crypto $BTC
Bitcoin Crashes Below $100K Mark
Bitcoin falls nearly 4% to below $99,000 as long-term holders sell 815,000 BTC amid weakened spot demand and ETF outflows, reflecting broader market risk-off sentiment. #Update #Crypto $BTC
Bitcoin Features Boost Cash App Innovations
@CashApp launches major update integrating banking, payments, and crypto features to enhance digital finance capabilities. #Update #Fintech
Bitcoin Transfers Eyed by US FASB
The US Financial Accounting Standards Board (FASB) is considering adding crypto asset transfers to its agenda to address gaps in current derecognition practices, enhancing financial transparency. #Update #Crypto
Bitcoin to Surpass Gold by 2035
Michael Saylor predicts Bitcoin will surpass gold’s market cap by 2035, citing supply scarcity and rising adoption as key factors. A debate on Bitcoin vs. gold is scheduled for Binance’s Blockchain Week in December 2025. #Update #Crypto $BTC