Bitcoin | Crypto

Many recent Bitcoin sellers are likely expecting a downturn and may be turning to social media to sway sentiment in that direction, according to an analyst. Some traders who are warning about an upcoming Bitcoin correction might be driven more by self-interest than by an unbiased view of the market, according to a Bitcoin analyst. “If you sold, you really want lower prices,” Bitcoin analyst PlanC said on the Mr. M Podcast published to YouTube on Friday, reiterating that those who’ve recently sold Bitcoin (BTC) may become more vocal on social media, promoting the idea of Bitcoin’s price falling in hopes of seeing the market move in their favor. “The whole point of you selling is to think that the bear market is coming,” he said. “So you’re going to get on social media,” he added. Read more

Santiment said Bitcoin’s retail-whale divide is a flashing warning sign, while other analysts anticipate new highs on a macro rebound. Bitcoin retail investors are snapping up Bitcoin as whales sell off, a pattern that could signal trouble for the asset’s price if history is any guide, according to sentiment platform Santiment. However, other crypto analysts are divided on how the coming weeks will unfold for Bitcoin (BTC). “Historically, prices tend to follow the direction of the whales, not retail,” Santiment said in a markets report on Saturday. Read more

Santiment said Bitcoin’s retail-whale divide is a flashing warning sign, while other analysts anticipate new highs on a macro rebound. Bitcoin retail investors are snapping up Bitcoin as whales sell off, a pattern that could signal trouble for the asset’s price if history is any guide, according to sentiment platform Santiment. However, other crypto analysts are divided on how the coming weeks will unfold for Bitcoin (BTC). “Historically, prices tend to follow the direction of the whales, not retail,” Santiment said in a markets report on Saturday. Read more

Santiment said Bitcoin’s retail-whale divide is a flashing warning sign, while other analysts anticipate new highs on a macro rebound. Bitcoin retail investors are snapping up Bitcoin as whales sell off, a pattern that could signal trouble for the asset’s price if history is any guide, according to sentiment platform Santiment. However, other crypto analysts are divided on how the coming weeks will unfold for Bitcoin (BTC). “Historically, prices tend to follow the direction of the whales, not retail,” Santiment said in a markets report on Saturday. Read more

Falling hashprice and a decline in Bitcoin’s prices are causing pain in the mining industry that has spread throughout the supply chain. Bitcoin’s mining sector is under mounting pressure as the hash price, the industry’s key profitability metric, slips toward levels that could force smaller operators offline and strain the wider supply chain. Hash price, which measures expected daily revenue per unit of computational power, is currently around $42 per petahash per second (PH/s). The metric has been in steady decline since July, when it surged above $62 per PH/s. The push toward the $40 level leads Bitcoin mining operations, which are already facing razor-thin profit margins, to consider shutting down their rigs, according to TheMinerMag. Read more

Falling hashprice and a decline in Bitcoin’s prices are causing pain in the mining industry that has spread throughout the supply chain. Bitcoin’s mining sector is under mounting pressure as the hash price, the industry’s key profitability metric, slips toward levels that could force smaller operators offline and strain the wider supply chain. Hash price, which measures expected daily revenue per unit of computational power, is currently around $42 per petahash per second (PH/s). The metric has been in steady decline since July, when it surged above $62 per PH/s. The push toward the $40 level leads Bitcoin mining operations, which are already facing razor-thin profit margins, to consider shutting down their rigs, according to TheMinerMag. Read more

Falling hashprice and a decline in Bitcoin’s prices are causing pain in the mining industry that has spread throughout the supply chain. Bitcoin’s mining sector is under mounting pressure as the hash price, the industry’s key profitability metric, slips toward levels that could force smaller operators offline and strain the wider supply chain. Hash price, which measures expected daily revenue per unit of computational power, is currently around $42 per petahash per second (PH/s). The metric has been in steady decline since July, when it surged above $62 per PH/s. The push toward the $40 level leads Bitcoin mining operations, which are already facing razor-thin profit margins, to consider shutting down their rigs, according to TheMinerMag. Read more

The company continues to offer corporate debt securities and equities to finance its Bitcoin acquisitions despite recent troubles. Crypto treasury company Strategy is moving forward with its plan to expand Bitcoin holdings, pricing a new euro-denominated perpetual preferred stock designed to fund additional crypto purchases. The company said on Friday that its Series A Perpetual Stream Preferred Stock (STRE) will debut at 80 euros ($92.50) per share, raising an estimated 608.8 million euros in net proceeds. Strategy plans to use the funds to buy more Bitcoin (BTC) and for general corporate purposes. The stock offering is expected to settle on Nov. 13. The new STRE shares are senior to Strategy’s Perpetual Strike (STRK), Perpetual Stride (STRD) and common stock, but are subordinate to its Perpetual Strife (STRF), Variable Rate Perpetual Stretch (STRC) shares and outstanding debt. Read more

The company continues to offer corporate debt securities and equities to finance its Bitcoin acquisitions despite recent troubles. Crypto treasury company Strategy is moving forward with its plan to expand Bitcoin holdings, pricing a new euro-denominated perpetual preferred stock designed to fund additional crypto purchases. The company said on Friday that its Series A Perpetual Stream Preferred Stock (STRE) will debut at 80 euros ($92.50) per share, raising an estimated 608.8 million euros in net proceeds. Strategy plans to use the funds to buy more Bitcoin (BTC) and for general corporate purposes. The stock offering is expected to settle on Nov. 13. The new STRE shares are senior to Strategy’s Perpetual Strike (STRK), Perpetual Stride (STRD) and common stock, but are subordinate to its Perpetual Strife (STRF), Variable Rate Perpetual Stretch (STRC) shares and outstanding debt. Read more

Bitcoin’s latest move to around $101,000 is a reflection of shifting on-chain conditions as once-immobile supply begins to stir. After months of steady accumulation, long-term holders are starting to distribute, ETFs have pivoted from inflows to outflows, and liquidity pressures are reshaping the market’s balance between supply and demand. Beneath the surface, the data reveals […] The post The Great HODL: How immobile supply shapes Bitcoin’s next real squeeze appeared first on CryptoSlate.

JPMorgan strategists project Bitcoin rising to approximately $170,000 over the next year as perpetual futures deleveraging appears complete and the cryptocurrency's risk-adjusted appeal improves relative to gold's recent volatility. The post Bitcoin Has “Significant Upside” to $170K, JPMorgan Tells Clients appeared first on Cryptonews.

Bitcoin sought a higher low while risking a breakdown of $100,000 support, as analysis said a BTC price rebound could come without much fuel. Key points: Bitcoin liquidity games continue as pressure mounts on $100,000 support. Signs of price forming a higher low combine with RSI strength slowly increasing. Read more

The GENIUS Act became law on July 18 after Congress settled that stablecoins should be regulated. What happens next is a two-year rulemaking war that determines whether $250 billion in existing stablecoins flows into bank-wrapped structures or fragments into offshore silos, and whether Bitcoin and Ethereum capture the fallout or get buried under it. Justin […] The post The GENIUS Act’s $250M battle begins now: Bitcoin stands as the last bastion against censorship appeared first on CryptoSlate.

Bitcoin (BTC) trades at $101,328 as of press time, erasing the 2.3% recovery that had briefly pushed the price to $103,885 the day before. The breakdown confirms what on-chain data has been telegraphing about demand momentum fading, long-term holders selling into weakness, and the market testing structural supports last seen during mid-cycle corrections. The two […] The post Bitcoin bulls need 2 things: Positive BTC ETF flows and to reclaim $112,500 appeared first on CryptoSlate.

Bitcoin whales added 10,000 BTC in 24 hours as price nears key support. On-chain and technical data show both warning signs and rebound signals.

Bloomberg analyst Mike McGlone says Bitcoin hitting $100,000 is “a speed bump” to $56,000, but other analysts say Bitcoin has bottomed out. Bitcoin’s price may decline by almost 50% if its current downward trend over the past month continues, says a traditional finance analyst. However, onchain analytics firm Glassnode suggested that Bitcoin’s (BTC) current downtrend may not be as severe as some market participants believe. Bloomberg analyst Mike McGlone said in an X post on Thursday that Bitcoin hitting $100,000 could be “a Speed Bump Toward $56,000.” Read more

After a correction and a modest rebound, investors have revisited which assets may be the best crypto choices, examining Bitcoin’s dominance, Ethereum’s upgrade path, XRP’s payments focus and a new Bitcoin L2 concept, alongside regulatory and macro developments shaping the outlook. The post Best Crypto to Buy Now 6 November – XRP, Bitcoin, Ethereum appeared first on Cryptonews.

Top markets on Myriad this week include predictions on whether Bitcoin can hit a new all-time high this year, and if Zcash can stay hot.

With the spotlight this cycle fixed on corporate Bitcoin treasuries, ETF inflows, and shifting global liquidity, Bitcoin’s miners have become the overlooked backbone of the network. Yet, as block rewards shrink and energy costs rise, many are being forced to reinvent themselves, branching into AI hosting, energy arbitrage, and infrastructure services, just to keep their […] The post Bitcoin is getting too expensive to mine profitably: What breaks first – hashrate, UX, or ideology? appeared first on CryptoSlate.

Marathon’s third-quarter filing carried a quiet but definitive policy change, in which the company stated that it will now sell a portion of newly mined Bitcoin (BTC) to fund its operations. The shift occurred as MARA held approximately 52,850 BTC on Sept. 30, paid around $0.04 per kilowatt-hour at its owned sites, and recorded a […] The post Are miners about to sell more Bitcoin? MARA’s record quarter says maybe appeared first on CryptoSlate.