Asia Morning Update: Market Becomes Cautious as Bitcoin Struggles
Good morning, Asia. Here’s what’s making news in the market: Welcome to the Asia Morning Briefing. We’re here to provide a daily summary of major news from the US, along with insights on market movements and analysis. Bitcoin seems to be entering a weaker market phase, as the strong buying activity seen at the start […]
Circle and Bitcoin Treasuries Drive Crypto Stock Declines Amid Bitcoin Challenges
Simply put Circle, after hitting its lowest price since its debut on June 5, managed to recover a bit on Wednesday, though it still closed down over 9%. In addition to the drop in virtual currency values, strategic government bonds and others also experienced declines. Some crypto-related stocks saw a rebound in after-hours trading following […]
Leading security company cautions that quantum computing may compromise Bitcoin within 15 years.
Quantum Computing Threatens Bitcoin’s Security Recent advances in quantum computing are prompting crucial discussions in the field of cryptography. A significant question looms: how long until these quantum machines can undermine Bitcoin’s security? A report from blockchain analysis firm Chainalysis, released on November 19, suggests that a quantum computer capable of breaking Bitcoin’s elliptic curve […]
Experienced trader who predicted the 2018 Bitcoin decline now forecasts a 35% drop.
Veteran Trader Makes Bold Predictions About Bitcoin Peter Brandt, who has been involved in trading futures since 1975, is often referred to as a “market wizard.” Known for his track record, he has accurately predicted movements across cryptocurrencies, commodities, and foreign exchange markets. He gained significant attention for predicting the major gold reversal in the […]
BlackRock Bitcoin ETF Experiences Unprecedented Daily Loss of $523 Million as BTC Price Decline Deepens
Simply put IBIT saw a staggering loss of $1.4 billion over just five business days, marking its largest loss in its 22-month existence. As the largest Bitcoin spot ETF, IBIT manages assets exceeding $73 billion. Notably, there were no outflows for nearly the first four months since its establishment. On Tuesday, BlackRock’s iShares Bitcoin Trust […]
Nayib Bukele Celebrates As El Salvador Purchases $98 Million In Bitcoin In One Day During Crypto Downturn
El Salvador Seizes Market Correction to Purchase Bitcoin El Salvador has capitalized on the current market downturn, acquiring over $1,000 Bitcoin last week. President Nayib Bukele shared a screenshot from the Bitcoin office dashboard, revealing that 1,098 BTC, valued at approximately $99.34 million, were bought, with a significant portion—1,090 BTC—purchased within just 24 hours. “Wow,” […]
The Major Difficulties Bitcoin Miners Will Encounter in 2026
Simply put Bitcoin mining companies are encountering a variety of structural risks that extend beyond just halvings and hardware shifts. There’s growing competition from AI data centers that is affecting miners’ access to affordable energy sources. Software, firmware, and contracts within mining pools can shift hashrate without having to make changes to Bitcoin’s code. Bitcoin […]
Almost $115 Million in Long Positions Liquidated as Bitcoin Falls to 7-Month Low, Is $70,000 Next?
Crypto Market Update In a surprising turn of events, more than $112 million in long positions were liquidated within just an hour as traders braced for the FOMC meeting. Bitcoin, having recently breached the critical $90,000 mark, saw many positions vanish, leading to a substantial decline. Data from Coinglass reveals that this liquidation occurred as […]
This innovative Bitcoin and crypto wallet analyzes your blood vessels and doesn’t require any passwords.
Simply put G-Knot is a new hardware wallet that employs unique finger vein biometrics for accessing cryptocurrency assets. The goal is to outperform rivals like Ledger and Trezor by offering better security and an appealing design. Sales for the “Founder’s Edition” wallet commence today at $299, with shipments scheduled for January. If you hold cryptocurrency […]
Significant Bitcoin Decline of 2025 Sees It Falling Behind Bonds and Gold
Bitcoin Struggles to Keep Up The once-promising cryptocurrency, Bitcoin, is now experiencing significant challenges, having dropped nearly 30% from its peak in 2025. It’s fallen behind not just stocks but even U.S. Treasuries. This largest cryptocurrency, once celebrated for its potential as a growth asset and a hedge against inflation, is now facing a tough […]