Bitcoin advocates have been divided over Michael Saylor’s updated BTC thesis, leaving question marks over how the Strategy CEO views the cryptocurrency. Satoshi Nakamoto’s Bitcoin white paper envisioned a “peer-to-peer electronic cash system,” but Bitcoin’s biggest proponent seems to have an entirely different view of its purpose. Strategy executive chairman Michael Saylor, whose company has been buying Bitcoin aggressively for nearly five years since adopting a Bitcoin (BTC) treasury strategy, presented what many described as plans for a “Bitcoin central bank” during his keynote speech at Bitcoin MENA. Economist Saifedean Ammous, well-known in Bitcoin circles for penning The Bitcoin Standard, was also a notable figure attending the conference in Abu Dhabi. Ammous and Saylor are understood to converse regularly, with Saylor having written the foreword of Ammous’ most famous book. Read more
Altcoin blockchains are preparing for long-term quantum risk, while influential Bitcoin voices disagree over how and when it should be addressed. Quantum computers still cannot break Bitcoin, but several major blockchains are preparing for a future in which they might. In the past week, Aptos proposed post-quantum signature support as Solana tested quantum-resistant transactions. Meanwhile, parts of the Bitcoin community renewed calls to accelerate work on quantum-safe upgrades. These developments point to a growing anxiety across crypto. Investors argue that dismissal of quantum risk by influential voices is weighing on Bitcoin’s (BTC) price, which has dropped 24% over the past three months. Read more
Bitcoin’s 36% drawdown from its all-time highs resulted in the relative strength index flashing a potential bottom signal not seen since early 2023. Bitcoin (BTC) traders expected a short-term bounce as a key BTC price metric sank to its lowest levels in almost three years. Data from Cointelegraph Markets Pro and TradingView revealed extremely “oversold” conditions on the BTC/USD relative strength index (RSI). Key takeaways: Bitcoin’s “most oversold” RSI, historically tied to major BTC price rallies, suggests a price reversal in the short term. Read more
Fidelity’s director of macro is predicting a Bitcoin bottom near $65,000 in 2026, but remains a “secular bull” despite predicting an end to the current four-year cycle. Bitcoin may have ended its historical four-year cycle, signaling an incoming year of downside, despite widespread analyst expectations for an extended cycle driven by regulatory tailwinds. Bitcoin’s (BTC) $125,000 all-time high on Oct. 6 may have signaled the top of the current four-year Bitcoin halving cycle, both in terms of “price and time,” according to Jurrien Timmer, the director of global macroeconomic research at asset management firm Fidelity. “While I remain a secular bull on Bitcoin, my concern is that Bitcoin may well have ended another 4-year cycle halving phase,” wrote Timmer in a Thursday X post. “Bitcoin winters have lasted about a year, so my sense is that 2026 could be a “year off” (or “off year”) for Bitcoin. Support is at $65-75k.” Read more
Bitcoin headed higher despite the Bank of Japan's interest-rate hike while reactions saw bullish risk-asset signals and no further policy tightening. Bitcoin (BTC) aimed for $88,000 on Friday after Japan’s central bank raised interest rates to 30-year highs. Key points: Bitcoin joins US stocks futures heading higher in a curiously bullish reaction to Japan’s interest-rate hike. Read more
Cypherpunk Adam Back dismissed concerns that quantum computing poses a threat to Bitcoin, arguing the technology is still “ridiculously early.” The response from Bitcoin developers on the risk of quantum computing to the cryptocurrency is weighing down its price and affecting capital flow, crypto industry executives have argued. Adam Back, a cypherpunk the and co-founder of Bitcoin infrastructure company Blockstream argued in a series of X posts on Thursday that it is good for Bitcoin (BTC) to be “quantum ready,” but it won’t be a threat for the next few decades, as the technology is still “ridiculously early,” and has research and development issues. He predicts there will be no risks in the next ten years and even if some parts of Bitcoin’s encryption were broken, it does not rely on encryption for its core security model and “it’s not going to result in Bitcoin being stolen on the network.” Read more
Bitcoin briefly clinched $90,000 after the November Consumer Price Index report showed a drop in US inflation, but the essential components for an extended rally remain elusive. Bitcoin (BTC) moved closer to reclaiming $90,000 after US inflation cooled more than expected, with the November CPI coming in at 2.7% year-over-year versus forecasts of 3.1%. The softer print narrows the gap to the Federal Reserve’s 2% target, easing near-term inflation pressure and reviving risk appetite across markets. Key takeaways: The lower-than-expected CPI print generated a positive response from Bitcoin as new positions opened versus the usual short covering. Read more
Bitcoin tagged $89,500 as US CPI data revealed sudden multiyear lows in inflation, but liquidations stayed high as the BTC price spiked. Bitcoin (BTC) ramped up volatility into Thursday’s Wall Street open as markets reacted to surprise US inflation data. Key points: Bitcoin traders weather more snap BTC price volatility as CPI surprises to the downside. Read more
Tether CEO Paolo Ardoino says an AI-driven bubble could shake Bitcoin, and shares his outlook on Europe, DATs and tokenization in 2026. Paolo Ardoino, CEO of Tether, the issuer of the world’s largest stablecoin, has raised concerns about how a potential AI bubble could affect Bitcoin by 2026. Ardoino shared his outlook on Bitcoin (BTC) and the broader crypto industry on Thursday during the Bitcoin Capital podcast, co-hosted by Bitfinex Securities and Blockstream. The executive said he sees Bitcoin “still too much correlated” to capital markets, thus potentially being impacted by the AI bubble, or a theorized stock market bubble growing amid the current AI boom. Read more
The likelihood of a Bitcoin correction to $70,000 has increased, but one analyst said the price drop would confirm a macroeconomic reset, rather than the start of a new bear market. Bitcoin’s (BTC) recent price weakness has revived investors’ concerns of a deeper downturn, but several market analysts argue that an extended correction may be more constructive over the longer term. Key takeaways: Analysts say Bitcoin’s downside risk is centered about $65,000 to $75,000. Read more
Bitcoin took out liquidity at the Wall Street open as a move above $90,000 was followed by a snap retracement, liquidating late long and short entries. Bitcoin (BTC) returned to $90,000 after Wednesday’s Wall Street open as traders eyed vulnerable short positions. Key points: Bitcoin erases recent losses with a fresh trip to the $90,000 mark. Read more