Crypto

A lack of conviction among "weak" hands will cause new Bitcoin holders to dump at the first sign of trouble, worsening market drawdowns. The transfer of Bitcoin (BTC) from long-term holders, also known as “OGs,” to “weak” hands will cause future drawdowns to be more severe, according to gold investor and economist Peter Schiff. Bitcoin is “finally having its IPO moment,” Schiff said on Saturday, adding that there is now enough liquidity in the Bitcoin market for long-term holders to cash out.  “This much Bitcoin moving from strong to weak hands not only increases the float, but also means future selloffs will be bigger,” Schiff added. Read more

Chicago-based Crypto Dispensers says it’s considering a $100 million sale, just days after the firm and its founder were hit with money laundering charges.

Michael Saylor's company's balance sheet isn't at imminent risk of collapse, but further capital-raising efforts could surely be hindered unless conditions improve.

The Cardano blockchain network suffered a temporary chain split on Friday due to an old software bug triggered by an abnormal transaction. The Cardano network suffered a temporary chain split on Friday, due to a “malformed” delegation transaction, transactions to delegate ADA (ADA) to a staking pool, which are valid on the protocol level but can cause code malfunctions that affect network functionality. This “malformed” transaction exploited an old code bug in the underlying software library used by the Cardano blockchain, resulting in a network partition due to a disagreement in how nodes processed the transaction, according to an incident report from Cardano ecosystem organization Intersect. Staking pool operators were directed to download the latest version of the node software to fix the issue and reconstitute the split chain into a single blockchain history.  Read more

Investigators found drug traffickers, Southeast Asian scam gangs, and North Korean hackers frequently using major crypto platforms to quietly move their funds.

Analysis showed Grok citing extremist sites as credible sources, raising another red flag after the AI's earlier "MechaHitler" incident.

Younger, wealthier Americans seem to be rewriting the house rules of wealth management. They like broad equity indices. They park cash in T-bills. They still buy real estate and private deals. But they also expect to see Bitcoin, Ethereum, and a handful of other digital assets on the same dashboard as everything else. For them, crypto is a normal […] The post Financial advisors who ignore Bitcoin ditched by young wealthy Americans appeared first on CryptoSlate.

Technical indicators suggest oversold conditions, but a break above $1.96 is needed to reverse the current downward trend.

SOL Strategies Interim CEO Michael Hubbard believes that there's "there's no sustainable market" for pure crypto treasuries. Here's why.

Institutional BTC investors may explore whether bitcoin-native yield, collateral and liquidity opportunities could offer the next stage of strategic deployment.

The exchange plans to introduce U.S. perpetual-style futures for altcoins, settling on a five-year expiry.

The winning miner controls just 0.0000007% of Bitcoin’s total network hashpower, which recently hit a record 855.7 exahashes per second.

Oracle did what every legacy tech giant dreams of. In September, it announced a $300 billion cloud deal wrapped around OpenAI, the hottest name in software, and watched its stock rip higher. Two months later, the market gave its verdict. Oracle has shed more than $300 billion in market value, trading below its pre-AI announcement […] The post Is AI eating crypto’s liquidity? Inside the $300B Oracle hit and Bitcoin miner pivots appeared first on CryptoSlate.

Spot Bitcoin funds are closing in on $4 billion of outflows so far in November, with investors cashing out as the price of BTC dives.

While denying any wrongdoing, Maple said that it plans to pursue available remedies aggressively to ensure Core is held responsible.

Ripple’s XRP continues to show weakness amid broader market sell-offs. Despite several bounce attempts, both the USDT and BTC pairs are struggling below key resistance levels. Buyers have failed to reclaim momentum, and the price action remains confined within bearish structures. XRP Price Technical Research By Shayan The USDT Pair XRPUSDT broke down decisively from […]

Ethereum has extended its downward trend and is now trading inside a critical multi-month demand block. With liquidity being aggressively flushed above and below the price, ETH is approaching a major decision point where either a relief rebound or a deeper capitulation into the lower demand zones may unfold. Technical Analysis By Shayan The Daily […]

Strategy (formerly MicroStrategy) is currently navigating the most complex regime in its four-year history as a corporate Bitcoin treasury. The company, which transformed itself from a steady enterprise software provider into the world’s largest corporate holder of BTC, is facing a convergence of headwinds that threaten the structural mechanics of its valuation. For years, the […] The post Will MicroStrategy survive reclassification as a Bitcoin investment vehicle? appeared first on CryptoSlate.

Strategy’s 650,000 BTC holdings make it a ‘pressure valve’ for the broader market, said the Bitmine Immersion chairman.

The crypto exchange said the planned internal migration is a normal, "best practice" in the industry to maintain cybersecurity standards. Crypto exchange Coinbase initiated a large fund migration on Saturday, moving tokens to new internal wallets in a scheduled, routine security procedure to reduce long-term exposure of keeping funds in the same wallet addresses, which are publicly known. The migration is not due to any cybersecurity breaches or external threats, according to an announcement from the company. Coinbase said:  This means that large Bitcoin (BTC), Ether (ETH), and other token balances will be moving onchain from Coinbase wallets to other internal Coinbase wallets already labeled by blockchain explorers and intelligence platforms. Coinbase warned users that during the migration, scammers may attempt to exploit the situation by impersonating Coinbase representatives and reaching out to customers requesting login information or asking users to shift funds, which the exchange never does  Read more