Bitcoin | Crypto

Miami Mayor Francis Suarez started receiving his salary in Bitcoin four years ago, when Bitcoin was valued at around $64,000. Miami Mayor Francis Suarez, who started to take Bitcoin as salary in late 2021, said he’s unfazed about the recent volatility in the crypto market, claiming he’s now up around 300% on his Bitcoin paychecks. Speaking to Fox Business on Wednesday, the crypto-friendly Mayor was asked if he was “concerned” about Bitcoin (BTC) following the recent dip under $100,000, with most of the crypto market also bleeding over the past week.  “No, because I got paid at $30,000, so it’s up 300%, it was actually up to 400% when it was up to $120,000, so I’m not concerned about everyday market swings from one day to the other,” he said, adding:  Read more

Crypto price prediction today has examined how a tech-stock downturn has weighed on XRP, Bitcoin and Ethereum, detailing oversold readings, ETF dynamics, support zones and timelines that have guided projections for potential rebounds into the coming weeks. The post Crypto Price Prediction Today 5 November – XRP, Bitcoin, Ethereum appeared first on Cryptonews.

Bearish investors cashing out of Bitcoin and Ethereum ETFs has helped depress crypto market prices. One analyst told Decrypt it was nothing to worry about.

Record difficulty and declining on-chain fees have dragged Bitcoin mining profitability to a two-year low, creating a widening divide between miners surviving on razor-thin margins and those reinventing themselves as data-center operators for the AI boom. Mining used to be a homogeneous industry moving in sync with Bitcoin’s price. However, it’s now evolving into a […] The post Bitcoin hashprice sinks to 2-year low as AI pivots split miners appeared first on CryptoSlate.

Bitcoin’s sustained price above $100,000 was supposed to signal its arrival as a mature institutional asset. Instead, its sudden reversal below that threshold has unsettled traders and revived fears of another crypto winter. On Nov. 4, Bitcoin briefly dipped to its lowest level since May at $99,075, before recovering to approximately $102,437 as of press […] The post Bitcoin bear market OR bear trap? Here’s what your ‘quants’ are saying appeared first on CryptoSlate.

The mining hardware maker said it's refocusing on its core business of ASIC chip design and high-performance computing equipment as it scales production in the United States. Bitcoin mining hardware maker Canaan Inc. has secured a $72 million strategic equity investment from Galaxy Digital, Weiss Asset Management and Brevan Howard’s digital asset arm, Brevan Howard Digital. The transaction, announced on Tuesday, will bolster the company’s balance sheet and reduce its dependence on future at-the-market (ATM) capital raises, it said. Under the deal, investors bought 63.7 million American depositary shares, representing Canaan’s Class A stock at $1.13 each through a registered direct offering. Founded in 2013, Canaan specializes in application-specific integrated circuit (ASIC) chip design and high-performance computing equipment. The company developed the first Avalon-branded Bitcoin mining rigs in 2013 and listed on Nasdaq in 2019. Read more

With a third of Bitcoin held at a loss, onchain data suggested that the market may be nearing a critical reset phase. Will BTC end the year above its range highs? Key takeaways: Around one-third of Bitcoin’s supply is now held at a loss, levels last seen in September 2024. Onchain metrics show rising short-term losses but moderate selling pressure overall. Read more

Bitcoin’s four-year cycle used to offer a simple script: halving rewards meant scarcity, and scarcity meant higher prices. This pattern held for over a decade. Every four years, the network’s reward to miners was halved, thereby tightening the supply, followed by a speculative frenzy that resulted in a new all-time high. However, as Bitcoin hovers […] The post Is Bitcoin’s 4-year cycle dead or are market makers in denial? appeared first on CryptoSlate.

Galaxy pointed to changing liquidity patterns and leveraged liquidations as key reasons for cutting its Bitcoin price outlook. Investment company Galaxy lowered its 2025 Bitcoin price forecast to $120,000 from $185,000, citing several headwinds and dampened price volatility due to passive investment flows into exchange-traded funds (ETFs) and financial institutions. Factors such as whales dumping 400,000 Bitcoin (BTC) onto the market in October, along with rotations into other investment narratives such as gold, AI and stablecoins, in addition to leveraged liquidations, have put a damper on BTC price, Alex Thorn, Galaxy’s head of research, said on Wednesday. “Bitcoin has entered a new phase, what we call the ‘maturity era,’ in which institutional absorption, passive flows, and lower volatility dominate,” Thorn wrote on X. “If bitcoin can maintain the $100,000 level, we believe the almost three-year bull market will remain structurally intact, though the pace of future gains may be slower.” Read more

After years of relentless buying, Strategy Inc., the digital-asset treasury firm led by Michael Saylor, has quietly eased its pace of Bitcoin accumulation. In recent weeks, company filings have shown that its BTC purchases have fallen to only a few hundred coins, representing a sharp slowdown for the largest corporate holder of the flagship cryptocurrency. […] The post How Saylor and Strategy plan to kickstart Bitcoin buying internationally appeared first on CryptoSlate.

Bitcoin unrealized losses reached nearly one-third of the supply, even before BTC price fell to multimonth lows below $100,000. Key points: Bitcoin struggles to recoup losses that sparked multimonth lows under $100,000. Traders hope that whales will push the market higher to neutralize late shorts. Read more

Bitcoin must hold above its 200-week EMA, await Fed’s stealth QE and see US liquidity return post-shutdown to avoid a deeper bear market. Key takeaways: Bitcoin’s bull structure remains intact as long as it holds above a key trendline. Fed liquidity and US fiscal policy will likely decide Bitcoin’s next major move. Read more

A new quantum countdown website projects a two– to three-year window for quantum computers to break widely used public key cryptography, placing Bitcoin within its scope. Sites like The Quantum Doom Clock, operated by Postquant Labs and Hadamard Gate Inc., package aggressive assumptions about qubit scaling and error rates into a timeline that spans the late 2020s […] The post Bitcoin will be hacked in 2 years… and other quantum resistant marketing lies appeared first on CryptoSlate.

After dropping under its 365-day moving average price, Bitcoin faces uncertainty as analysts weigh whether it signals a looming bear market or a brief pullback. Bitcoin fell below $99,000 on Tuesday, breaching a key macro indicator and reigniting debate over the market’s state. Bitcoin (BTC) dipped below the 365-day moving average, according to Julio Moreno, head of research at the data analytics platform CryptoQuant. “It was the final confirmation to the start of the 2022 bear market,” Moreno wrote in a post on X, adding: “The price needs to cross back above it quickly.” Read more

Spot Bitcoin ETFs saw a sharp $566.4 million outflow on Tuesday, Nov. 4, extending its five-day drain to roughly $1.9 billion and decisively flipping the week’s tone into risk-off. Fidelity’s FBTC accounted for the majority of the exits at -$356.6 million, with ARKB at -$128.1 million and Grayscale’s GBTC at -$48.9 million. No fund posted […] The post Spot BTC ETFs fail to sure up Bitcoin decline as outflow streak hits $1.9B appeared first on CryptoSlate.

Bitcoin accumulators bought 375,000 BTC in just 30 days, with the dip below $100,000 boosting their holdings by 50,000 BTC on Tuesday, new data confirmed. Key points: Bitcoin accumulator addresses grab 375,000 BTC in a month in a new record. Accumulators added 50,000 BTC as price slipped under $100,000 for the first time in months. Read more

Bitcoin traded 20% below its all-time high of $126,000 as key onchain and technical indicators suggest that BTC has entered a new bear market. Key takeaways Bitcoin onchain data reveals that the market could be entering a macro downtrend. The psychological level at $100,000 remains the main BTC support for now. Read more

Former BitMEX CEO Arthur Hayes said increasing US debt will force the Federal Reserve into “stealth QE,” injecting liquidity that could reignite Bitcoin’s next rally. Bitcoin’s recent dip below $100,000, its lowest level since June, has sparked concerns among crypto investors. Still, two well-known market figures offer an optimistic view of where Bitcoin may be headed. Bitwise chief investment officer Matt Hougan said the latest downturn reflects peak retail capitulation rather than the start of a deeper collapse. “Crypto retail is in max desperation,” he told CNBC’s Crypto World on Tuesday. “We’ve seen leverage blowouts... the market for sort of crypto native retail is just more depressed than I’ve ever seen it.” Hougan said there are more and more signs that the sell-off is nearing exhaustion. “When I go out and speak to institutions or financial advisers, they’re still excited to allocate to an asset class that if you pan back and look over the course of a year, is still delivering very strong returns,” he...

Bitcoin hovers near $100K after a 10% drop. Analysts eye key support and liquidity zones for signs of a possible rebound or breakdown.

In early October, Tom Lee and Arthur Hayes were confident that Bitcoin could still reach $250,000 by year-end, but analysts say half that figure is now unlikely. Bitcoin’s price appears to be losing steam, which may mean that the more optimistic forecasts for the end of 2025 may not materialize this year. However, analysts are divided on whether Bitcoin (BTC) will see renewed momentum in 2026. “We don’t expect crypto to go any higher than $125K USD in 2025,” ShapeShift analyst Houston Morgan said in comments viewed by Cointelegraph. That target is just below Bitcoin’s Oct. 4 all-time high of just over $126,000. Read more