Bitcoin | Crypto

Bitcoin recovered after four consecutive weeks in the red, surpassing the key $89,600 flow-weighted cost basis of Bitcoin ETF holders, the most significant cohort driving BTC inflows. This week, cryptocurrency markets staged a long-awaited recovery, following four consecutive weeks of downside momentum. Bitcoin’s (BTC) price reclaimed the $90,000 psychological mark on Wednesday, bringing some much-needed relief for Bitcoin exchange-traded fund (ETF) holders, who were once again back in profit as BTC traded above the key $89,600 flow-weighted cost basis of ETF buyers. Bolstering investor sentiment, Cathie Wood, the CEO and chief investment officer of ARK Invest, said the company’s $1.5 million Bitcoin bull market price prediction remained unchanged, pointing to billions in returning liquidity following the end of the US government shutdown. Read more

Bitcoin trades near $91K, trapped between $84K support and $112K resistance, as traders watch for the next major price move.

Bitcoin’s price was down this month nearly 20% as markets worry about lower interest rates and a possible financial bubble in the AI industry. November was a rocky month for crypto markets. Bitcoin’s price is down over 20%, shedding almost $2 trillion in market capitalization. Concerns over possible rate cuts at the US Federal Reserve and the potential for an imminent AI bubble burst have brought anxiety to crypto and stock markets. Bearish sentiment prevails after Bitcoin showed a “death cross” when the 50-day simple moving average crossed below the 200-day equivalent on Nov. 15. According to data from Trading Economics, global inflation slowed in November among major world economies. Seventeen members of the G20 experienced lower inflation on the month, part of a growing global trend. Read more

Bitcoin mining faces record competition as solo and hobbyist miners stage a comeback using new mining strategies. Thirteen years ago today, Bitcoin experienced its first halving event, reducing the miner block reward from the original 50 BTC to 25 BTC. Now, with Bitcoin (BTC) having completed four halving events and block rewards standing at just 3.125 BTC, the mining industry is continuing to transform, with industrial miners consolidating and diversifying into AI. At the same time, a niche trend of solo mining is emerging, according to Bitfinex analysts who spoke to Cointelegraph. Read more

For two centuries, factories chased cheap hands and dense ports. Today, miners roll into windy plateaus and hydro spillways, asking a simpler question: where are the cheapest wasted watts? When computing can move to energy rather than energy to people, the map tilts. Heavy industry has always chased cheap energy, but it still needed bodies […] The post Bitcoin is redrawing where cities and data centers rise as it competes for wasted energy, not cheap labor appeared first on CryptoSlate.

On Nov. 26, Nasdaq’s International Securities Exchange quietly triggered one of the most important developments in Bitcoin’s financial integration. The trading platform asked the US Securities and Exchange Commission (SEC) to raise the position limit on BlackRock’s iShares Bitcoin Trust (IBIT) options from 250,000 contracts to one million. On the surface, the proposal looks procedural. […] The post Bitcoin on Wall Street will never be the same after a quiet Nasdaq move appeared first on CryptoSlate.

Bitcoin bulls need to pump more volume into the spot and futures market in order for the current BTC bounce to hold above $90,000. Bitcoin (BTC) reclaimed $90,000 this week, but onchain data indicated that the move sat on shaky grounds. Despite a strong cost-basis cluster, demand, liquidity, and futures activity remained thin. Key takeaways: The $84,000 cost-basis cluster held 400,000 BTC, but spot demand above it remains shallow. Read more

Veteran trader Alessio Rastani breaks down his bullish outlook for Bitcoin in the coming months in a new Cointelegraph interview. With Bitcoin sliding from its recent all-time high and market sentiment sinking into extreme fear, many investors are convinced the bull run is over. While social media is filled with predictions of a deep bear market and analysts claiming the next true bottom won’t arrive until 2026, trader Alessio Rastani sees a different picture. In an interview with Cointelegraph, Rastani explains why the recent drop may not signal the start of a prolonged bear cycle. Instead, he argues that the data points to a historically recurring setup that has preceded strong rallies roughly 75% of the time. According to Rastani’s charts, this setup has appeared after several past death cross events, the same pattern that many traders wrongly interpret as a bearish omen. Read more

Bitcoin gained fresh bullish BTC price targets closer to $100,000 on the back of a sustained rebound and encouraging futures market signals. Bitcoin (BTC) avoided US selling pressure Thursday as US Thanksgiving provided bulls with key relief.  Key points: Bitcoin retains $90,000 as support into the Thanksgiving weekend after hitting weekly highs. Read more

Bitcoin has rebounded more than 13% into Thanksgiving, reviving hopes that this year could break the holiday’s bearish pattern. The post History Says Thanksgiving Is Bearish for Bitcoin — Can This Year Be Different? appeared first on Cryptonews.

Bitcoin’s hashrate is near record levels, yet miner revenue per unit of compute has fallen to record lows, pushing the network into a ‘high-security, low-profitability’ phase. While the network’s hashrate has pinned itself above the one-zettahash watermark, which is a record for aggregate computing power, the revenue underpinning that security has disintegrated to historic lows. […] The post How long can miners hold out as revenue hits record lows while Bitcoin’s security is at record highs? appeared first on CryptoSlate.

Bitcoin remained below key support levels as traders hoped the rally could achieve the highest-ever Thanksgiving Day close for BTC price. Bitcoin (BTC) rallied 13% from multimonth lows at $80,000, reclaiming the $90,000 mark on Wednesday. This move came as a surprise as BTC staged a pre-holiday rally, increasing hopes of a continued upward move going into Thanksgiving weekend. Key takeaways: Bitcoin stages a pre-Thanksgiving rally and seeks to defy its historical average return of -0.8% during the holiday.  Read more

Market chop aside, Wall Street is rolling out Bitcoin (BTC) exposure to advisors through structured notes and ETF-collateralized lending. The bank simultaneously faces debanking blowback after Strike CEO Jack Mallers said his personal Chase accounts were shut. The juxtaposition spotlights institutionalization for clients versus risk-control for crypto-native principals. On one side, JPMorgan moves BTC exposure […] The post Pick a side: JPMorgan opens leveraged Bitcoin access to retail while closing crypto CEO’s account appeared first on CryptoSlate.

BitMine chair Tom Lee says Bitcoin’s “best days” are still ahead, but has seemingly eased off his bullish prediction of $250,000 Bitcoin by the end of 2025. BitMine chair Tom Lee has seemingly eased off his widely promoted $250,000 year-end Bitcoin forecast, now only giving it a “maybe” that Bitcoin can reclaim its October all-time high of $125,100 before the end of the year. “I think it’s still very likely that Bitcoin is going to be above $100,000 before year-end, and maybe even to a new high,” Lee said during an interview with CNBC on Wednesday. This appears to be the first time Lee has publicly softened his $250,000 year-end Bitcoin (BTC) price target, which he initially floated earlier in 2024 and continued to reiterate through early October.  Read more

This is a speculative report translated for non-specialists. The narrator is an investigator who arrived long after humans were gone. Everything described as measured relies on real Bitcoin mechanics: block intervals, difficulty/target, timestamp rules, and data available from block headers and the coinbase transaction. We arrived on a silent planet. The last clocks still ticking […] The post Alien BTC findings: If humans vanished, Bitcoin’s block time and difficulty would preserve our collapse appeared first on CryptoSlate.

A recent analysis shed light on another correlation between the world’s largest cryptocurrency and stablecoin by market capitalization. Blockchain analytics provider Glassnode reported a “strong negative correlation” between Bitcoin’s and USDt’s activity over the last two years. In a Wednesday X post, Glassnode shared a comparison between Bitcoin’s (BTC) price and net flows of USDt (USDT) to exchanges starting in December 2023. According to the analysis, net outflows of USDT from exchanges coincided with increases in the price of BTC. “During euphoric phases, USDT typically flows out at –$100M to –$200M/day as investors lock in profits,” said Glassnode. “At the $126K peak [in October], net outflows reached >$220M (30D-SMA); A clear profit-taking signal now easing as flows turn positive again.” Read more

Bitcoin’s momentum is restrained by uncertainty in interest rate policy, inflation expectations, the pending MSCI decision on crypto-focused firms, and stress in BTC derivatives. Key takeaways: Bitcoin derivatives and cautious interest rate expectations keep sentiment restrained, yet improving liquidity conditions bolster upside potential. Regulatory easing and MSCI’s review of BTC-heavy firms could lift risk appetite, supporting a more constructive medium-term outlook for Bitcoin. Read more

Texas has taken the first formal step toward becoming the first US state to hold Bitcoin as a strategic reserve asset. On Nov. 25, Lee Bratcher, president of the Texas Blockchain Council, reported that the world’s eighth-largest economy, valued at $2.7 trillion, purchased $5 million worth of BlackRock’s spot Bitcoin ETF, IBIT. He added that a […] The post Why Texas is buying Bitcoin from BlackRock before building a real reserve appeared first on CryptoSlate.

Bank of America forecasts US real GDP growth of 2.4% in 2026, propelled by five different tailwinds. Meanwhile, JPMorgan stressed various headwinds for the macroeconomic landscape next year. The OBBBA fiscal package adding roughly half a point through consumer spending and capex, lagged Fed cuts boosting activity in the second half, more growth-friendly trade policy, […] The post US growth projected at 2.4% for 2026: Does this protect Bitcoin from harsh crypto winter? appeared first on CryptoSlate.

Crypto markets stagnate as traders eye potential Thanksgiving volatility, with a $2B options bet signaling a capped Bitcoin rally.