Bitcoin | Crypto

Lyn Alden says Bitcoin is unlikely to face a major crash because the market hasn’t reached euphoric conditions. The post No “Big Crash” in Sight for Bitcoin, Says Macro Analyst Lyn Alden appeared first on Cryptonews.

In 2019, Rodolfo Novak sent a Bitcoin transaction from Toronto to Michigan without internet or satellite. He used a ham radio, the 40-meter band, and the ionosphere as his relay. Nick Szabo called it “Bitcoin sent over national border without internet or satellite, just nature’s ionosphere.” The transaction was tiny, the setup finicky, and the […] The post Did you know Bitcoin can stay alive without the internet? appeared first on CryptoSlate.

Bitcoin being widely used for daily payments in the future is just “out-of-the-money-option value upside,” according to BlackRock’s head of digital assets Robbie Mitchnick. BlackRock’s head of digital assets, Robbie Mitchnick, said that most of the world’s largest asset managers’ clients aren’t considering Bitcoin’s use for daily payments when deciding whether to invest in the asset. “I think for us, and most of our clients today, they’re not really underwriting to that global payment network case,” Mitchnick said during a podcast interview published to YouTube on Friday. “That’s sort of maybe out-of-the-money-option-value upside,” Mitchnick said. Read more

Veteran trader Peter Brandt predicts Bitcoin won’t tap $200,000 until 2029, Scott Bessent seen at Bitcoin bar: Hodler’s Digest The Bitcoin community lit up on Thursday after US Treasury Secretary Scott Bessent made an unannounced appearance at the launch of Washingtons new Bitcoin-themed bar, Pubkey. Having the Secretary of the Treasury at the Pubkey DC launch seems like a moment I could easily look back on and say wow, it was all so obvious, Bitcoin treasury company Strives chief investment officer Ben Werkman said in an X post on Thursday. Steven Lubka, Nakamotos vice president of investor relations, called it the sign you have been waiting for. Read more

Veteran trader Peter Brandt predicts Bitcoin won’t tap $200,000 until 2029, Scott Bessent seen at Bitcoin bar: Hodler’s Digest The Bitcoin community lit up on Thursday after US Treasury Secretary Scott Bessent made an unannounced appearance at the launch of Washingtons new Bitcoin-themed bar, Pubkey. Having the Secretary of the Treasury at the Pubkey DC launch seems like a moment I could easily look back on and say wow, it was all so obvious, Bitcoin treasury company Strives chief investment officer Ben Werkman said in an X post on Thursday. Steven Lubka, Nakamotos vice president of investor relations, called it the sign you have been waiting for. Read more

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

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.

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.

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.

CME FedWatch now implies better than 70% odds that the Federal Reserve will cut rates by 25 basis points at its Dec. 9-10 meeting, dropping the target range from 3.75%-4.00% to 3.50%-3.75%. That marks a dramatic intraday reversal on Nov. 21, when New York Fed President John Williams told reporters the Fed can still trim […] The post Rate cut odds spike to 70%: But are Bitcoin traders ready to buy? appeared first on CryptoSlate.

Strategy's Michael Saylor counters Cathie Wood's revised Bitcoin forecast, arguing stablecoins and Bitcoin operate in distinct economic layers rather than competing for the same market demand. The post Saylor Dismisses Stablecoin Threat to Bitcoin’s $1.2M Path appeared first on Cryptonews.

The story of corporate Bitcoin adoption is often told as a parade of logos. New CFO decides to be bold. Board nods. Treasury buys coin. Number go up. That parade has not shown up for two months. According to BitBo’s treasuries tracker, the last fresh company to join the BTC-on-balance-sheet club was GD Culture Group […] The post No new corporate Bitcoin buyers for 2 months – Why is it so quiet? appeared first on CryptoSlate.

A solo Bitcoin miner earned 3.146 BTC worth $266,000 with a computing power of only 1.2 TH/s, beating massive odds. A solo Bitcoin miner hit the jackpot on Friday, earning 3.146 BTC, worth roughly $266,000, after solving block 924,569 with only a tiny fraction of the computational power typically needed to win a block reward. The miner, who is believed to be operating a hobby-grade machine, struck gold with a hash rate of roughly 1.2 terahashes per second (TH/s), which is a speck of dust in an industry dominated by industrial-scale operations producing exahashes (one quintillion hashes per second). CKpool creator Con Kolivas announced the win on X, congratulating the “extremely lucky” miner and noting just how improbable the event was. He estimated that the odds translate to about 1.2 million to one per day at the miner’s reported hash rate. Read more

“Rich Dad, Poor Dad” author Robert Kiyosaki sold $2.25M in BTC and moved the profits into two surgery centers and a billboard business. The post Robert Kiyosaki Sells $2.25M in Bitcoin, Moves Profits Into Real-World Businesses appeared first on Cryptonews.

Kiyosaki disclosed that he sold his Bitcoin at $90,000 after he forecast a $250,000 price target for BTC in 2026 earlier in November. Investor and “Rich Dad, Poor Dad” author Robert Kiyosaki disclosed on Friday that he sold his $2.25 million in Bitcoin (BTC) and is reinvesting the money into businesses he owns to generate additional cash flow.  Kiyosaki said that he acquired the BTC “years ago” when it was trading at around $6,000 and sold it at about $90,000. The profits from the investment will be funnelled into two “surgery centers” and a billboard business, he said.  The investment in these businesses is expected to yield $27,500 in tax-free monthly income by February 2026, he estimated. Read more

Bitcoin is falling, dragging nearly every other crypto asset along with it. The charts suggest this could get uglier.

A rare death cross has been confirmed on Bitcoin’s price chart, suggesting that the bear market has just started. Will dip buyers be able to defy the trend? Key takeaways: Bitcoin’s death cross, which previously led to 64%-77% BTC price declines, has flashed again. Mounting selling pressure is prompting many investors to sell their BTC holdings at a loss.  Read more

Bitcoin drops 35% after losing its 260-day cycle lead. Analysts watch $82K support as trendlines and on-chain data signal a reset.

Bitcoin’s abrupt drop to $80,000 shocked traders, but back-tested data on 105 indicators suggests the market washout is preparing BTC for a longer-term rally to new highs. Bitcoin (BTC) fell to $80,600 on Friday, extending weekly losses to more than 10%. Its monthly drawdown has now reached 23%, the steepest decline since June 2022. The drop below $84,000 also pushed BTC to test the 100-week exponential moving average for the first time since October 2023, aligning exactly with the start of the current bull cycle. Bitcoin futures liquidations surpassed $1 billion, underscoring the severity of this downturn, described by the Kobeissi Letter as the “fastest bear market ever.” Key takeaways: Read more

The cryptocurrency market is currently navigating its most severe liquidity stress test since late 2022, with more than $1 trillion of value lost in the past month. While the headline volatility centers on Bitcoin, the structural damage is permeating deeply into large-cap assets such as XRP and Ethereum. These parallel breakdowns are not isolated incidents. […] The post Why XRP holders are suddenly feeling the full force of Bitcoin’s liquidity crunch appeared first on CryptoSlate.