Bitcoin gave up $104,000 for the first time in weeks, while traders warned of a return to sub-$100,000 levels and new buyers amassed unrealized losses. Key points: Bitcoin slips under $104,000 amid doubts over BTC price support. Price targets now include the CME futures gap at $92,000. Read more
Strategy’s Bitcoin acquisition rate has been significantly down since September, threatening to limit Bitcoin’s price recovery. Michael Saylor’s Strategy added another 397 Bitcoin worth about $45.6 million, but the company’s buying pace continues to slow compared to its pre-October accumulation streak. Strategy acquired 397 Bitcoin (BTC) worth $45.6 million last week at an average price of $114,771 per coin, according to a Monday filing with the US Securities and Exchange Commission. This brought its total holdings to 641,205 BTC, acquired for $47.49 billion at an average price of $74,047 per coin, with a Bitcoin yield of 26.1% year-to-date (YTD), according to a Monday X post from Strategy. Read more
Bitcoin dropped another 2% to start November as network data warned of a potential BTC price dip below the $100,000 support level. Bitcoin (BTC) starts November with a dip to $107,000 as traders brace for further support retests. Bitcoin price action gives bulls a grim sense of deja vu as weekend gains evaporate and downside liquidity grows. November seasonality calls for serious BTC price gains, but so far, there is no sign of relief. Read more
Despite an $8 billion rise in realized cap, Bitcoin’s recovery lacks the continued inflows from ETFs and Michael Saylor’s Strategy as the main demand drivers, according to CryptoQuant. Bitcoin's onchain inflows are signaling robust demand for the world’s largest cryptocurrency, with both investors and miners ramping up their activity despite the negative market sentiment since the $19 billion crypto crash. Over the past week, Bitcoin's (BTC) realized cap rose by over $8 billion to surpass $1.1 trillion, as BTC’s realized price rose above $110,000, indicating strong onchain inflows. Bitcoin’s realized cap measures the dollar value of all coins at their last moved price, revealing the total investment held by Bitcoin holders. Read more
Bitcoin traders doubted the staying power of last-minute weekend BTC price upside as selling pressure from whales returned into the weekly close. Key points: Bitcoin reaches $111,000 for the first time in November, but traders anticipate the weekend's upside unraveling. Coinbase sell pressure comes as a Bitcoin whale resumes distributing BTC. Read more
Bitcoin will continue to experience cyclical booms and busts, MEXC apologizes to ‘White Whale’ trader over $3M freeze: Hodler’s Digest Bybit, the worlds second-largest crypto exchange by trading volume, has announced it will pause new user registrations in Japan starting Oct. 31, as it adapts to new regulations from the countrys Financial Services Agency. The company said the move is part of its proactive approach to align with Japans emerging regulatory framework for digital assets, according to a Wednesday announcement. It has always been Bybits commitment to operate responsibly and in compliance with local laws and regulatory expectations, the exchange said. Read more
Bitcoin will continue to experience cyclical booms and busts, MEXC apologizes to ‘White Whale’ trader over $3M freeze: Hodler’s Digest Bybit, the worlds second-largest crypto exchange by trading volume, has announced it will pause new user registrations in Japan starting Oct. 31, as it adapts to new regulations from the countrys Financial Services Agency. The company said the move is part of its proactive approach to align with Japans emerging regulatory framework for digital assets, according to a Wednesday announcement. It has always been Bybits commitment to operate responsibly and in compliance with local laws and regulatory expectations, the exchange said. Read more
Bitcoin will continue to experience cyclical booms and busts, MEXC apologizes to ‘White Whale’ trader over $3M freeze: Hodler’s Digest Bybit, the worlds second-largest crypto exchange by trading volume, has announced it will pause new user registrations in Japan starting Oct. 31, as it adapts to new regulations from the countrys Financial Services Agency. The company said the move is part of its proactive approach to align with Japans emerging regulatory framework for digital assets, according to a Wednesday announcement. It has always been Bybits commitment to operate responsibly and in compliance with local laws and regulatory expectations, the exchange said. Read more
Bitcoin will continue to experience cyclical booms and busts, MEXC apologizes to ‘White Whale’ trader over $3M freeze: Hodler’s Digest Bybit, the worlds second-largest crypto exchange by trading volume, has announced it will pause new user registrations in Japan starting Oct. 31, as it adapts to new regulations from the countrys Financial Services Agency. The company said the move is part of its proactive approach to align with Japans emerging regulatory framework for digital assets, according to a Wednesday announcement. It has always been Bybits commitment to operate responsibly and in compliance with local laws and regulatory expectations, the exchange said. Read more
Bitcoin will continue to experience cyclical booms and busts, MEXC apologizes to ‘White Whale’ trader over $3M freeze: Hodler’s Digest Bybit, the worlds second-largest crypto exchange by trading volume, has announced it will pause new user registrations in Japan starting Oct. 31, as it adapts to new regulations from the countrys Financial Services Agency. The company said the move is part of its proactive approach to align with Japans emerging regulatory framework for digital assets, according to a Wednesday announcement. It has always been Bybits commitment to operate responsibly and in compliance with local laws and regulatory expectations, the exchange said. Read more
Bitcoin will continue to experience cyclical booms and busts, MEXC apologizes to ‘White Whale’ trader over $3M freeze: Hodler’s Digest Bybit, the worlds second-largest crypto exchange by trading volume, has announced it will pause new user registrations in Japan starting Oct. 31, as it adapts to new regulations from the countrys Financial Services Agency. The company said the move is part of its proactive approach to align with Japans emerging regulatory framework for digital assets, according to a Wednesday announcement. It has always been Bybits commitment to operate responsibly and in compliance with local laws and regulatory expectations, the exchange said. Read more
Bitcoin will continue to experience cyclical booms and busts, MEXC apologizes to ‘White Whale’ trader over $3M freeze: Hodler’s Digest Bybit, the worlds second-largest crypto exchange by trading volume, has announced it will pause new user registrations in Japan starting Oct. 31, as it adapts to new regulations from the countrys Financial Services Agency. The company said the move is part of its proactive approach to align with Japans emerging regulatory framework for digital assets, according to a Wednesday announcement. It has always been Bybits commitment to operate responsibly and in compliance with local laws and regulatory expectations, the exchange said. Read more
Bitcoin will continue to experience cyclical booms and busts, MEXC apologizes to ‘White Whale’ trader over $3M freeze: Hodler’s Digest Bybit, the worlds second-largest crypto exchange by trading volume, has announced it will pause new user registrations in Japan starting Oct. 31, as it adapts to new regulations from the countrys Financial Services Agency. The company said the move is part of its proactive approach to align with Japans emerging regulatory framework for digital assets, according to a Wednesday announcement. It has always been Bybits commitment to operate responsibly and in compliance with local laws and regulatory expectations, the exchange said. Read more