JPMorgan upgraded Cipher and CleanSpark, and cut targets for MARA, RIOT due to the increased risk of shareholder dilution. Summary JPMorgan cut targets for MARA and RIOT due to dilution of shares. Mining firms have up to 33% more shares than accounted for. Cipher and CleanSpark are in a strong position on disciplined issuance. Bitcoin miners are increasingly diversifying their operations from hashrate to high-performance computing. This targeting of AI compute demand did not go unnoticed on Wall Street. In a report published on Monday, November 24, JPMorgan noted this…
Category: Bitcoin News
Google Throws Bitcoin a Lifeline
The cryptocurrency has managed to claw its way back to $88K after sinking all the way to $80K last week. Bitcoin Gets a Boost from an Unlikely Ally: Google The multi-trillion-dollar AI bubble appears to have made Google and bitcoin allies of convenience. At a time when AI startups such as Anthropic and OpenAI are […] Original
Bitcoin Finds Relief as Rate-Cut Odds Surge
Bitcoin is attempting a cautious recovery as dovish Federal Reserve remarks lift expectations for a December rate cut. Derivatives positioning shows traders preparing for both volatility and potential upside as macro conditions begin to shift in BTC’s favor. BTC Stabilizes While Markets Reprice Fed Outlook Bitcoin is showing early signs of stabilization after a turbulent […] Original
Bitcoin price to hit record high, expert expects ‘healthy reset’
Bitcoin’s price remains under intense pressure this month, having plunged 31% from its all-time high, as exchange-traded fund outflows jumped. Summary Anthony Pompliano believes that the Bitcoin price will rebound to a record high. He noted that the recent Bitcoin crash was a healthy reset. Potential catalysts are the Fear and Greed Index, healthy open interest, and Federal Reserve cuts. Bitcoin (BTC) traded at around $87,000 on Nov. 24, up by 6.5% from its lowest level this month. While this rebound could be a bull trap or a dead-cat bounce,…
Trump’s Bitcoin reserve is underwater—and unaudited
President Trump officially announced the plan for a U.S. Strategic Bitcoin Reserve on March 6. Since then, the digital asset stockpile’s returns are now in the red, and no public accounting is in sight. Summary U.S. strategic crypto reserve is losing value as altcoins underperform There’s still no public accounting of how much crypto the U.S. government holds Assets are mostly comprised of crypto seized from criminals According to Arkham data, the U.S. government currently holds $28.7 billion in crypto assets. This is down from over $42 billion in early…
Bitcoin ETF outflows on track for worst month in history
November is set to be the worst month for crypto ETFs in their history, with Bitcoin ETFs seeing $3.5 billion in outflows. Summary So far in November, investors have pulled $3.5 billion from Bitcoin ETFs This figure is close to the previous record of $3.6 in February 2025 BlackRock’s IBIT fund leads with $2.2 billion in outflows in November Since launching nearly two years ago, Bitcoin exchange-traded funds are on track for their worst month in history, according to Bloomberg. From the start of the month up to Monday, November…
Bitcoin Price Watch: Bitcoin Teases Breakout But Bears Aren’t Blinking
Bitcoin was holding court at $86,187 as of Nov. 24, commanding a robust market capitalization of $1.71 trillion. Over the past 24 hours, its trading volume surged to $69.40 billion, with the intraday price band stretching from $85,700 to $87,995—putting on quite the theatrical range for day traders and swing junkies alike. Bitcoin Chart Outlook […] Original
Bitcoin Bleeds, Ether Struggles, Solana Shines in Weekly ETF Flows
It was another bruising week for bitcoin and ether ETFs, both of which posted deep outflows, while solana ETFs once again stood out as the lone winner. ETF Markets Split: Bitcoin and Ether Sink as Solana Stays Green Some weeks tell a story before the numbers even settle. This one was loud, lopsided, and unmistakably […] Original
Europe needs more Bitcoin-native institutions
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Europe stands at a monetary crossroads. It has built the world’s most advanced digital-asset regulations, yet remains curiously absent from the rise of crypto-native institutions. For a continent famed for financial prudence, Europe is missing the world’s most transparent and resilient monetary asset, not for lack of rules but for lack of conviction. Summary Despite having the world’s clearest digital-asset rules, European institutions remain cautious, causing the…
How the Yen’s Downfall Might Spark a Bitcoin Renaissance
While markets initially reacted with uncertainty to Japan’s massive stimulus, the long-term effects of a weak yen and measures to defend it could propel bitcoin to new records, even amid the current uncertain macroeconomic backdrop. Japanese Yen Weakness Might Unleash Record-Breaking Bitcoin Bull Run The Facts The current weakness of the Japanese yen, which hit […] Original