Bitcoin | Crypto

JPMorgan said that the latest BTC price drawdown meant that Bitcoin was now undervalued compared to gold, in contrast to the end of 2024. Key points: Bitcoin joins US stocks in erasing its latest gains as market nerves heighten over US economic cues. Fed interest rate cut odds slowly increase, but analysis says that risk assets could get a nasty surprise. Read more

Bitcoin’s MVRV ratio indicated that BTC was forming a potential local bottom, suggesting that the price can recover due to seller exhaustion. Key takeaways: Bitcoin's MVRV ratio dropping to the 1.8-2.0 range signals a local bottom, historically preceding price rallies. Distress-driven selling may clear leverage, setting the stage for a market reversal, according to analysis.  Read more

Across the United States, Bitcoin is gaining traction far from coastal tech hubs, driven by cultural alignment, local educators and emerging state-level legislation. One of the unsung realities of Bitcoin (BTC) adoption in the United States is that the most meaningful momentum isn’t always happening in major financial centers. While regulatory battles unfold in Washington and institutions accumulate on Wall Street, everyday Bitcoin use is quietly taking root in places few would expect, including the heart of Oklahoma. The latest episode of The Clear Crypto Podcast explores how Bitcoin has become part of daily life in middle America, while speaking with Matthew Moore, a broadcaster and educator who has emerged as one of Oklahoma’s most influential grassroots Bitcoin advocates. Moore explains that Bitcoin adoption in Oklahoma looks different from the stereotype of crypto as a coastal or tech-centric phenomenon. Small businesses in towns across the state accept Bitcoin for goods, and Bitcoin meetups are flourish...

Bitcoin.com and Concordium have teamed up to introduce age-verified stablecoin payments to 75 million wallets, blending privacy with new compliance standards. Crypto media and wallet platform Bitcoin.com has partnered with Concordium, a privacy-focused layer-1 blockchain, to enable age-verified stablecoin payments across more than 75 million wallets on Bitcoin.com’s network. Announced on Thursday, the integration allows wallet users to verify specific identity attributes, such as age or jurisdiction, without revealing personal details. Verification occurs off-chain through independent third-party providers, and no personal data is stored on the blockchain. Each transaction utilizes zero-knowledge proof technology to verify compliance requirements while maintaining user privacy. Read more

For six consecutive trading days, starting October 28, when Bitwise launched the BSOL US Solana ETF, it pulled in $284 million, while Bitcoin and Ethereum funds bled capital. According to Farside Investors’ data, Bitcoin ETFs lost $1.7 billion over the same stretch. Ethereum products shed $473 million. The divergence wasn’t subtle, and it arrived at a moment when macroeconomic […] The post Solana ETFs are outperforming Bitcoin: Is SOL siphoning BTC liquidity? appeared first on CryptoSlate.

Researchers bought 97 BTC in 2012 for a blockchain study. Thirteen years later, they’re selling the stash to fund quantum research projects. A Spanish public research institute is preparing to sell a long-forgotten Bitcoin stash, worth over $10 million, which was purchased for just $10,000 in 2012 as part of a blockchain research project. The Institute of Technology and Renewable Energies (ITER), overseen by the Tenerife Island Council, acquired 97 Bitcoin (BTC) more than a decade ago to study blockchain technology. The council is now finalizing plans to divest the holdings, according to a report from Spanish-language newspaper El Día. Juan José Martínez, Tenerife’s innovation councillor, told the outlet that the council is working with a Spanish financial institution authorized by the Bank of Spain and the National Securities Market Commission (CNMV) to facilitate the sale. Read more

The corporate Bitcoin (BTC) treasury trade that validated itself through the second quarter hit a wall in the fall. Public companies added 159,107 BTC in the second quarter, pushing total corporate holdings to roughly 847,000 BTC, approximately 4% of the capped supply, and proving that “Bitcoin on balance sheet” worked as a capital-markets play. Then […] The post How a $100M Bitcoin backed loan can rewrite the corporate treasury playbook appeared first on CryptoSlate.

Bitcoin’s rebound above $100,000 has revived hopes of a recovery, but analysts warn the bounce may be more technical than fundamental.

Miami Mayor Francis Suarez started receiving his salary in Bitcoin four years ago, when Bitcoin was valued at around $64,000. Miami Mayor Francis Suarez, who started to take Bitcoin as salary in late 2021, said he’s unfazed about the recent volatility in the crypto market, claiming he’s now up around 300% on his Bitcoin paychecks. Speaking to Fox Business on Wednesday, the crypto-friendly Mayor was asked if he was “concerned” about Bitcoin (BTC) following the recent dip under $100,000, with most of the crypto market also bleeding over the past week.  “No, because I got paid at $30,000, so it’s up 300%, it was actually up to 400% when it was up to $120,000, so I’m not concerned about everyday market swings from one day to the other,” he said, adding:  Read more

Crypto price prediction today has examined how a tech-stock downturn has weighed on XRP, Bitcoin and Ethereum, detailing oversold readings, ETF dynamics, support zones and timelines that have guided projections for potential rebounds into the coming weeks. The post Crypto Price Prediction Today 5 November – XRP, Bitcoin, Ethereum appeared first on Cryptonews.

Bearish investors cashing out of Bitcoin and Ethereum ETFs has helped depress crypto market prices. One analyst told Decrypt it was nothing to worry about.

Record difficulty and declining on-chain fees have dragged Bitcoin mining profitability to a two-year low, creating a widening divide between miners surviving on razor-thin margins and those reinventing themselves as data-center operators for the AI boom. Mining used to be a homogeneous industry moving in sync with Bitcoin’s price. However, it’s now evolving into a […] The post Bitcoin hashprice sinks to 2-year low as AI pivots split miners appeared first on CryptoSlate.

Bitcoin’s sustained price above $100,000 was supposed to signal its arrival as a mature institutional asset. Instead, its sudden reversal below that threshold has unsettled traders and revived fears of another crypto winter. On Nov. 4, Bitcoin briefly dipped to its lowest level since May at $99,075, before recovering to approximately $102,437 as of press […] The post Bitcoin bear market OR bear trap? Here’s what your ‘quants’ are saying appeared first on CryptoSlate.

The mining hardware maker said it's refocusing on its core business of ASIC chip design and high-performance computing equipment as it scales production in the United States. Bitcoin mining hardware maker Canaan Inc. has secured a $72 million strategic equity investment from Galaxy Digital, Weiss Asset Management and Brevan Howard’s digital asset arm, Brevan Howard Digital. The transaction, announced on Tuesday, will bolster the company’s balance sheet and reduce its dependence on future at-the-market (ATM) capital raises, it said. Under the deal, investors bought 63.7 million American depositary shares, representing Canaan’s Class A stock at $1.13 each through a registered direct offering. Founded in 2013, Canaan specializes in application-specific integrated circuit (ASIC) chip design and high-performance computing equipment. The company developed the first Avalon-branded Bitcoin mining rigs in 2013 and listed on Nasdaq in 2019. Read more

With a third of Bitcoin held at a loss, onchain data suggested that the market may be nearing a critical reset phase. Will BTC end the year above its range highs? Key takeaways: Around one-third of Bitcoin’s supply is now held at a loss, levels last seen in September 2024. Onchain metrics show rising short-term losses but moderate selling pressure overall. Read more

Bitcoin’s four-year cycle used to offer a simple script: halving rewards meant scarcity, and scarcity meant higher prices. This pattern held for over a decade. Every four years, the network’s reward to miners was halved, thereby tightening the supply, followed by a speculative frenzy that resulted in a new all-time high. However, as Bitcoin hovers […] The post Is Bitcoin’s 4-year cycle dead or are market makers in denial? appeared first on CryptoSlate.

Galaxy pointed to changing liquidity patterns and leveraged liquidations as key reasons for cutting its Bitcoin price outlook. Investment company Galaxy lowered its 2025 Bitcoin price forecast to $120,000 from $185,000, citing several headwinds and dampened price volatility due to passive investment flows into exchange-traded funds (ETFs) and financial institutions. Factors such as whales dumping 400,000 Bitcoin (BTC) onto the market in October, along with rotations into other investment narratives such as gold, AI and stablecoins, in addition to leveraged liquidations, have put a damper on BTC price, Alex Thorn, Galaxy’s head of research, said on Wednesday. “Bitcoin has entered a new phase, what we call the ‘maturity era,’ in which institutional absorption, passive flows, and lower volatility dominate,” Thorn wrote on X. “If bitcoin can maintain the $100,000 level, we believe the almost three-year bull market will remain structurally intact, though the pace of future gains may be slower.” Read more

After years of relentless buying, Strategy Inc., the digital-asset treasury firm led by Michael Saylor, has quietly eased its pace of Bitcoin accumulation. In recent weeks, company filings have shown that its BTC purchases have fallen to only a few hundred coins, representing a sharp slowdown for the largest corporate holder of the flagship cryptocurrency. […] The post How Saylor and Strategy plan to kickstart Bitcoin buying internationally appeared first on CryptoSlate.

Bitcoin unrealized losses reached nearly one-third of the supply, even before BTC price fell to multimonth lows below $100,000. Key points: Bitcoin struggles to recoup losses that sparked multimonth lows under $100,000. Traders hope that whales will push the market higher to neutralize late shorts. Read more

Bitcoin must hold above its 200-week EMA, await Fed’s stealth QE and see US liquidity return post-shutdown to avoid a deeper bear market. Key takeaways: Bitcoin’s bull structure remains intact as long as it holds above a key trendline. Fed liquidity and US fiscal policy will likely decide Bitcoin’s next major move. Read more