Bitcoin’s price chart resembling the soybean market around 50 years ago, BitMEX’s Arthur Hayes makes big Bitcoin call: Hodler’s Digest The anonymous crypto trader who supposedly made millions shorting the crypto market before US President Donald Trumps tariff announcement appears to have profited again by betting that Trump would pardon the founder of Binance. Onchain sleuth Euan pointed to Etherscan data to make the connection between the trader and the Polymarket account. The crypto wallet reportedly made $56,522 on Polymarket by betting that Trump would pardon Changpeng CZ Zhao sometime in 2025. The crypto trader had already been suspected in crypto circles of having access to insider knowledge after their tightly timed Bitcoin and Ethereum shorts, just hours before Trumps tariff announcement sent prices falling. Read more
Bitcoin’s market cycles may stretch longer as ISM manufacturing data remains weak, hinting at extended macro headwinds and slower business recovery. The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around. The correlation between the ISM PMI and Bitcoin’s (BTC) price was first popularized by Real Vision’s Raoul Pal and has since gained traction among macro-focused crypto analysts. “All 3 past Bitcoin cycle tops have broadly aligned with this monthly, oscillating index,” analyst Colin Talks Crypto noted, referencing the recurring overlap between Bitcoin’s market highs and the PMI’s cyclical peaks. Read more
Bitcoin’s market cycles may stretch longer as ISM manufacturing data remains weak, hinting at extended macro headwinds and slower business recovery. The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around. The correlation between the ISM PMI and Bitcoin’s (BTC) price was first popularized by Real Vision’s Raoul Pal and has since gained traction among macro-focused crypto analysts. “All 3 past Bitcoin cycle tops have broadly aligned with this monthly, oscillating index,” analyst Colin Talks Crypto noted, referencing the recurring overlap between Bitcoin’s market highs and the PMI’s cyclical peaks. Read more
Video sharing platform Rumble has teamed up with Tether to help it add Bitcoin tips to content creators, expected to launch in early to mid-December. Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday. Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland. Also onstage was Tether CEO Paolo Ardoino, who expects a full rollout by early to mid-December once small bugs are fixed and the UX is finessed. Read more
Video sharing platform Rumble has teamed up with Tether to help it add Bitcoin tips to content creators, expected to launch in early to mid-December. Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday. Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland. Also onstage was Tether CEO Paolo Ardoino, who expects a full rollout by early to mid-December once small bugs are fixed and the UX is finessed. Read more
Video sharing platform Rumble has teamed up with Tether to help it add Bitcoin tips to content creators, expected to launch in early to mid-December. Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday. Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland. Also onstage was Tether CEO Paolo Ardoino, who expects a full rollout by early to mid-December once small bugs are fixed and the UX is finessed. Read more
Shares of leading Bitcoin mining companies rose after Jane Street disclosed new holdings on Thursday, extending a months-long rally across publicly traded mining stocks. Shares of crypto miners rallied on Friday, with Bitfarms, Cipher Mining and Hut 8 extending gains after trading company Jane Street disclosed sizable positions in all three Bitcoin mining companies. Filings submitted to the US Securities and Exchange Commission on Thursday show that Jane Street’s trading affiliates own roughly 5.4% of Bitfarms, 5% of Cipher Mining and 5% of Hut 8, representing passive trading positions rather than activist holdings. Following the news, the stocks rallied 8% to 13% on Thursday, and continued to make gains on Friday. Read more
Shares of leading Bitcoin mining companies rose after Jane Street disclosed new holdings on Thursday, extending a months-long rally across publicly traded mining stocks. Shares of crypto miners rallied on Friday, with Bitfarms, Cipher Mining and Hut 8 extending gains after trading company Jane Street disclosed sizable positions in all three Bitcoin mining companies. Filings submitted to the US Securities and Exchange Commission on Thursday show that Jane Street’s trading affiliates own roughly 5.4% of Bitfarms, 5% of Cipher Mining and 5% of Hut 8, representing passive trading positions rather than activist holdings. Following the news, the stocks rallied 8% to 13% on Thursday, and continued to make gains on Friday. Read more
Shares of leading Bitcoin mining companies rose after Jane Street disclosed new holdings on Thursday, extending a months-long rally across publicly traded mining stocks. Shares of crypto miners rallied on Friday, with Bitfarms, Cipher Mining and Hut 8 extending gains after trading company Jane Street disclosed sizable positions in all three Bitcoin mining companies. Filings submitted to the US Securities and Exchange Commission on Thursday show that Jane Street’s trading affiliates own roughly 5.4% of Bitfarms, 5% of Cipher Mining and 5% of Hut 8, representing passive trading positions rather than activist holdings. Following the news, the stocks rallied 8% to 13% on Thursday, and continued to make gains on Friday. Read more
Bitcoin sellers put a cap on $112,000, but technical, onchain data and the end of October US macroeconomic calendar suggest that the price compression will trigger a violent expansion. Key points: ETF inflows and spot accumulation by retail and institutional investors highlight the belief that Bitcoin trades at a discount. Next week’s US macroeconomic calendar events should bring a resolution to a handful of fear catalysts that are suppressing prices across the crypto market. Read more
Bitcoin sellers put a cap on $112,000, but technical, onchain data and the end of October US macroeconomic calendar suggest that the price compression will trigger a violent expansion. Key points: ETF inflows and spot accumulation by retail and institutional investors highlight the belief that Bitcoin trades at a discount. Next week’s US macroeconomic calendar events should bring a resolution to a handful of fear catalysts that are suppressing prices across the crypto market. Read more
Bitcoin sellers put a cap on $112,000, but technical, onchain data and the end of October US macroeconomic calendar suggest that the price compression will trigger a violent expansion. Key points: ETF inflows and spot accumulation by retail and institutional investors highlight the belief that Bitcoin trades at a discount. Next week’s US macroeconomic calendar events should bring a resolution to a handful of fear catalysts that are suppressing prices across the crypto market. Read more
The new product is expected to launch in the first half of 2026 and will let clients borrow fiat against Bitcoin held in multisignature wallets. Sygnum Bank has partnered with Bitcoin-backed lending platform Debifi to launch a multisignature lending product that allows borrowers to retain shared control of their collateral. According to the Swiss digital asset bank’s announcement on Friday, the product introduces a Bitcoin-native multisign lending model that allows clients to retain control of their collateral through distributed key management, ensuring that assets cannot be rehypothecated. Sygnum clients can take out fiat loans backed by Bitcoin in a setup that requires three of five key holders to authorize any transaction, allowing borrowers to track and verify their collateral directly onchain. Read more
The new product is expected to launch in the first half of 2026 and will let clients borrow fiat against Bitcoin held in multisignature wallets. Sygnum Bank has partnered with Bitcoin-backed lending platform Debifi to launch a multisignature lending product that allows borrowers to retain shared control of their collateral. According to the Swiss digital asset bank’s announcement on Friday, the product introduces a Bitcoin-native multisign lending model that allows clients to retain control of their collateral through distributed key management, ensuring that assets cannot be rehypothecated. Sygnum clients can take out fiat loans backed by Bitcoin in a setup that requires three of five key holders to authorize any transaction, allowing borrowers to track and verify their collateral directly onchain. Read more
Early BTC whales shift to ETFs, giving up keys for TradFi perks, as BlackRock conversions rise and onchain self-custody breaks a 15-year uptrend. Bitcoin’s (BTC) long-time whales, once the fiercest champions of self-custody, may be losing some of their grip on the market as more migrate toward the comforts of traditional finance. Earlier this week, a BlackRock executive revealed that several of Bitcoin’s earliest holders are quietly swapping portions of their spot positions for exchange-traded funds (ETFs), gaining access to broader wealth management tools in the process. While ETFs and spot Bitcoin have traditionally served different audiences, onchain data suggests the rise of spot ETFs may be coming at the expense of self-custody. According to analyst Willy Woo, the amount of self-custodied Bitcoin recently broke a 15-year uptrend, just as ETF adoption accelerated. In this week’s Crypto Biz, we look at Bitcoin whales’ turn toward TradFi, Ripple’s latest public market play, Galaxy Digital’s standout Q3 earn...
Early BTC whales shift to ETFs, giving up keys for TradFi perks, as BlackRock conversions rise and onchain self-custody breaks a 15-year uptrend. Bitcoin’s (BTC) long-time whales, once the fiercest champions of self-custody, may be losing some of their grip on the market as more migrate toward the comforts of traditional finance. Earlier this week, a BlackRock executive revealed that several of Bitcoin’s earliest holders are quietly swapping portions of their spot positions for exchange-traded funds (ETFs), gaining access to broader wealth management tools in the process. While ETFs and spot Bitcoin have traditionally served different audiences, onchain data suggests the rise of spot ETFs may be coming at the expense of self-custody. According to analyst Willy Woo, the amount of self-custodied Bitcoin recently broke a 15-year uptrend, just as ETF adoption accelerated. In this week’s Crypto Biz, we look at Bitcoin whales’ turn toward TradFi, Ripple’s latest public market play, Galaxy Digital’s standout Q3 earn...