Bitcoin | Crypto

Michael Saylor has hinted that Strategy may buy more Bitcoin after sharing a chart showing $69 billion in BTC holdings. Michael Saylor has once again hinted that his company, Strategy (formerly MicroStrategy), may be preparing to buy more Bitcoin, even as corporate Bitcoin treasuries face mounting pressure from a sharp drop in net asset values (NAV). In a Sunday post on X, Saylor shared a chart from the Saylor Bitcoin Tracker, showing Strategy’s cumulative Bitcoin (BTC) purchases. “The most important orange dot is always the next,” he also wrote.   The chart, tracking 82 separate purchase events, lists Strategy’s holdings at 640,250 BTC, worth around $69 billion at current prices, up 45.6% from its aggregate cost basis of $74,000 per coin. Read more

Japan’s Financial Services Agency is weighing reforms that could let banks hold cryptocurrencies like Bitcoin and operate licensed crypto exchanges. Japan’s Financial Services Agency (FSA) is reportedly preparing to review regulations that could allow banks to acquire and hold cryptocurrencies such as Bitcoin for investment purposes. The move would mark a major policy shift, as current supervisory guidelines, revised in 2020, effectively ban banks from holding crypto due to volatility risks, according to a Sunday report from Livedoor News. Per the report, the FSA plans to discuss the reform at an upcoming meeting of the Financial Services Council, an advisory body to the Prime Minister. The initiative aims to align crypto asset management with traditional financial products like stocks and government bonds. Read more

The recent market crash that caused some cryptocurrencies to lose up to 99% of their value also dealt a significant hit to Satoshi's wallets. Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), is the largest BTC holder in the world at the time of this writing, and the wallets controlled by Satoshi took an unrealized loss of over $20 billion since the all-time high price of over $126,000 reached in early October. Nakamoto’s Bitcoin stash contains over 1 million BTC, valued at over $117.5 billion at the time of this writing, according to data from Arkham Intelligence. The portfolio swelled to over $136 billion during Bitcoin’s rally to new all-time highs of over $126,000 during the first week of October. Read more

Bitcoin is once again caught in the crossfire of a high-stakes geopolitical standoff. This time, the knock-on effects are being felt across every corner of the crypto market. The script is familiar: The return of U.S.–China trade tensions has triggered a sharp correction in Bitcoin, echoing a pattern seen earlier this year. When escalating tariffs […] The post Trade wars and Bitcoin blues: déjà vu as U.S.–China tensions weigh on crypto appeared first on CryptoSlate.

There’s a grim symmetry to every crypto boom: an idea born from freedom eventually gets packaged, securitized, and sold back to the masses, this time at a hefty premium. According to a new 10XResearch report, retail investors have collectively lost $17 billion trying to gain indirect Bitcoin exposure through listed “digital asset treasury” companies like […] The post The $17 billion lesson: how retail turned Bitcoin proxy plays into pain trade appeared first on CryptoSlate.

Bitcoin steadied into weekend trading, but BTC price targets still saw a dip below $100,000 despite increasingly bullish RSI signals. Key points: Bitcoin stabilizes into the weekend, but market sentiment is anything but relaxed about the outlook. BTC price forecasts increasingly feature sub-$100,000 levels. Read more

For years, Bitcoin has been hailed as “digital gold,” a hedge against inflation and policy excess. Yet, as geopolitical tensions rise and trade disputes return to the headlines, the original store of value, gold, is stealing the spotlight. According to TradingView data, gold climbed to an all-time high of $4,376 per ounce on Oct. 17, […] The post Why the price of gold is rising while Bitcoin is struggling appeared first on CryptoSlate.

A quantum computer powerful enough to break Bitcoin could steal coins while the network runs as usual. If a quantum computer capable of breaking modern encryption were to come online today, Bitcoin would likely be under attack — and no one would know. “Everything would look like legitimate access,” David Carvalho, CEO of post-quantum infrastructure company Naoris Protocol, told Cointelegraph. “When you think you’re seeing a quantum computer out there, it’s already been in control for months.” “You wouldn’t even know,” he said. Read more

JPMorgan attributes the recent Bitcoin (BTC) and Ethereum (ETH) sell-off to crypto-native leverage rather than institutional exits, noting that spot ETFs and CME futures absorbed minimal forced selling while perpetual futures markets faced sharp deleveraging across both assets. Bitcoin fell 13.1% from $122,316 on Oct. 3 to $106,329 by Oct. 17, while perpetual open interest […] The post How crypto-native leverage drove Bitcoin sell-off while ETFs barely flinched appeared first on CryptoSlate.

Regional banks faced renewed stress despite 2023 crisis reforms, with Zions and Western Alliance stocks plunging as Bitcoin fell to a four-month low. Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin (BTC) is correctly pricing in an impending liquidity crisis, opining that the Federal Reserve’s inevitable response will drive BTC prices higher.  “Bitcoin is accurately smelling trouble right now,” he said on the Primal social media platform on Friday. Read more

Public companies now hold over 1 million Bitcoin worth $110 billion on their balance sheets, but only early adopters with disciplined strategies have seen major gains. Key takeaways: Early adopters with disciplined Bitcoin strategies outperform peers by 286% on average. Holding Bitcoin alone doesn’t guarantee stock gains as operational strength matters. Read more

Bitcoin mining crossed the zetahash threshold in September as the network averaged 1.034 ZH/s, and hashprice fell below $47 per PH per second. According to a new report by The MinerMag, the step up in difficulty coincided with miners’ equity values nearly doubling since August to about $90 billion by October 15, while BTC fell […] The post New debt-fueled era for Bitcoin miners marked by 1 zetahash milestone – Report appeared first on CryptoSlate.

Experts believe that some retail traders still follow the four-year Bitcoin cycle rulebook, accounting for part of crypto’s recent decline.

Bitcoin fell below $105,000 as US banking stress rattled risk markets, but stronger-than-expected regional bank earnings helped ease investor fears. Will the BTC uptrend resume any time soon? Key takeaways: Bitcoin price stabilized after US regional banks posted stronger-than-expected earnings, easing credit fears. One analyst predicted Bitcoin’s bull run could end in 10 days. Read more

Bitcoin falls 13% in a week, now trading near $105K. Analysts watch $104K–$112K range for signs of recovery or further downside.

Babylon unveils a proof-of-concept for using native Bitcoin in DeFi lending, as BNB Chain and Hyperliquid post major updates. Bitcoin infrastructure company Babylon Labs claimed to have developed a system that enables native Bitcoin to be used as collateral for borrowing assets on Ethereum. Babylon Labs co-founder and Stanford University professor David Tse said on Wednesday that the company built a proof-of-concept that allows native Bitcoin to be used “trustlessly” as collateral for loans on Ethereum.  The comments follow a white paper release from the company, revealing a Bitcoin trustless vault system that leverages Bitcoin smart contract verification BitVM3 to lock BTC in per-user vaults. Here, withdrawals are gated by proofs of external smart contract state verified on Bitcoin.  Read more

Florida is back with another attempt to put Bitcoin on the state’s balance sheet. The new bill, HB 183, revives last year’s failed effort but with sharper teeth and broader reach. It once again sets a ceiling of 10% of certain state funds that could be allocated to digital assets, including Bitcoin and regulated ETFs. […] The post Florida tries Bitcoin again: How $218B pension bill makes BTC a state asset this time appeared first on CryptoSlate.

Bitcoin’s drop below key support levels today could be a sign that the 2025 bull run is over, as a trader sets $52,000 as the bear market target. Key takeaways: Market analysts say the Bitcoin bull run could soon come to an end.   BTC price risks a 50% correction to $52,200 if key support levels fail, according to technical analysis. Read more

From Tokyo Whale to the Halloween deadline, Mt. Gox’s long journey through Bitcoin history is nearing its end. Mt. Gox, the defunct Tokyo-based cryptocurrency exchange, still holds around 34,689 Bitcoin (BTC) ahead of its Oct. 31 repayment deadline. The exchange lost around 650,000 BTC in thefts that went undetected from 2011 until its 2014 collapse, while about 200,000 BTC was later found in an old-format wallet. Those coins became the foundation for creditor repayments overseen by court-appointed trustee Nobuaki Kobayashi. In 2017 and 2018, Kobayashi earned the nickname “Tokyo Whale” for selling Mt. Gox Bitcoin to fund fiat repayments. In mid-2024, wallet activity surged again as roughly 100,000 BTC was moved between Mt. Gox addresses for distribution, though not all represented actual sales. Read more

Bitcoin miners are running out of room to breathe. In the wake of a $19 billion market rout, operators have begun moving massive volumes of Bitcoin onto exchanges, a classic signal that sell pressure is building. Data from CryptoQuant shows that between Oct. 9 and Oct. 15, mining wallets sent 51,000 BTC, worth more than […] The post Bitcoin miners just moved $5.6B to exchanges under AI escape plan appeared first on CryptoSlate.