The cryptocurrency has been warming up again this week, but a credible voice just poured cold water on it. A Bitcoin Wake-up Call From Former Block Executive Mike Brock “ Bitcoin will fail. Because it is a lie,” writes Mike Brock, a former executive at Jack Dorsey’s bitcoin firm, Block. His comments have caused an […] Original
Key Notes Miner reserves increased from 1,803,633 to 1,806,050 BTC during an 11-day period, representing $220.4 million in accumulation. Reduced circulating supply from miner hoarding tightens order books and makes rapid price breakdowns more difficult for bears. Blockdaemon partners with VerifiedX to bring Bitcoin retail payments mainstream through simplified wallet and social payment applications. Bitcoin BTC $92 066 24h volatility: 1.1% Market cap: $1.84 T Vol. 24h: $71.78 B price formed higher lows at $90,900 before settling at $91,200 at press time on Dec. 4, after failing to breach the…
Bitcoin is pressing up against one of its most consequential resistance zones of the cycle, and popular crypto analyst Trader Mayne says the next few days will determine whether bulls reclaim momentum—or watch the rally stall into a lower high. Summary Bitcoin’s ability to clear the heavy confluence zone at $98K–$100K will dictate whether the market stages a final leg higher into year-end or slips back into a broader downtrend. “This remains the critical area for me,” Trader Mayne says. A clean break of the $98K–$100K band could flip those…
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Ether exchange-traded funds (ETFs) staged a powerful comeback with one of their strongest inflow days in weeks, while bitcoin slipped back into outflows and solana suffered a sharp reversal. The day showcased a clear rotation in investor appetite across the three major crypto ETF categories. Bitcoin and Solana Turn Red as Ether Roars Back Some […] Original
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Chief Market Strategist Gareth Soloway does an in-depth deep dive on Bitcoin using charts and technical analysis. This is one of his most enlightening videos on the digital currency as he looks at trendlines, RSI, negative and positive divergences. Gareth gives his near-term forecast and the next big mov on BTC. Learn how Gareth thinks, analyzes charts and reads technical indicators in this video. Come away with his exact near-term targets and midterm buy levels. === Services👇🏼 Find all of Chief Market…
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Key Notes Raids targeted Chinese-operated facilities using stolen electricity to fund cross-border criminal activities. Police traced approximately $156 million in illicit funds converted through cryptocurrency mining operations. Thailand intensifies enforcement with new regulations banning unlicensed exchanges and foreign P2P services. Thai police raided seven Bitcoin BTC $92 196 24h volatility: 0.9% Market cap: $1.84 T Vol. 24h: $70.47 B mining farms across Samut Sakhon and Uthai Thani provinces, seizing over 3,600 machines and equipment valued at 270 million baht ($8.4 million), and approximately 30 million baht ($936,826) in equipment. The…
Bitcoin and XRP have become central to a bold corporate shift in Japan, with AltPlus announcing that both digital assets will be formally incorporated into its long-term treasury strategy. The publicly listed company disclosed the move in its recent shareholder filing, outlining a multi-layered plan that positions cryptocurrencies as foundational components of its future financial and operational framework. Bitcoin And XRP Lead Treasury According to a post by “BankXRP” on X (formerly Twitter), AltPlus is expected to purchase and hold Bitcoin and XRP through a newly established cryptocurrency purchase and…
Bitcoin price continues to struggle below the $94,000 resistance zone, with weakening momentum and rising downside risk suggesting a potential move toward the next major support at $78,430. Summary BTC consolidates below $94,000 with strong resistance from multiple indicators. Weak bullish volume increases the probability of a rejection. Losing the point of control may trigger a move toward $78,430 support. Bitcoin (BTC) price is facing renewed bearish pressure as price action fails to reclaim the crucial $94,000 resistance level. After several days of consolidation below this threshold, the market has…