Day: November 23, 2025

Balchunas Warns Zcash May ‘Split the Vote’ From Bitcoin

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Bloomberg Senior ETF Analyst Eric Balchunas has warned that Zcash may adversely impact Bitcoin at this crucial moment. In a recent post on X, Balchunas said Zcash (ZEC) has “third-party candidate vibes, like Gary Johnson or Jill Stein,” arguing that pushing a separate privacy coin risks “splitting the vote” when Bitcoin (BTC) needs unified political and cultural support. Balchunas’s comment comes as the Bitcoin vs Zcash debate intensifies. Arman Meguerian, founder and CEO of Timestamp, dismissed the idea that BTC supporters are pivoting to Zcash. “I don’t know a single…

Key Support and Resistance Levels to Watch

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XRP is today’s top performer from the larger-cap alts. After a violent and painful week in which XRP’s price tumbled from $2.30 to a multi-week low of just over $1.80, the asset has now bounced above $2.00 for the first time since Friday morning. At the same time, analysts outlined the next potential moves and the most important support and resistance lines. If Ripple’s token continues its ascent, the next major sell wall is situated at $2.6, according to CW. To reach those levels, though, XRP needs to decisively…

Analyst Warns the Real Bottom May Be Far Lower

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In the meantime, investors continue to transfer BTC to exchanges. Bitcoin’s price has been on an evident downfall for the past month and a half, losing over 30% in value since its all-time high marked in early October. The bottom, so far, occurred on Friday, when it plunged below $81,000 for the first time since April, and bitcoin has since regained roughly $5,000. However, Ali Martinez outlined a more painful picture, claiming that he asset has previously bottomed between the green and blue Pricing Bands. If that happens again…

Crypto Dispensers Weighs $100M Sale After CEO Indicted

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Crypto Dispensers, a Chicago-based operator of Bitcoin ATMs, is considering a potential $100 million sale as its founder faces federal money laundering charges. In a Friday press release, the company announced that it has hired advisors to conduct a “strategic review” and explore buyer interest. Crypto Dispensers mentioned its 2020 shift away from physical ATMs toward a software-driven model, a transition it says was meant to address rising fraud, compliance pressure and regulatory scrutiny. CEO Firas Isa described the sale review as part of the firm’s next growth phase. “Hardware…

Crypto Market Not Showing Signs Of ‘Major Capitulation,’ Says Economist

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A significant crash for Bitcoin and the broader crypto market doesn’t look likely at this stage, according to macroeconomist Lyn Alden. “We haven’t hit euphoric levels in this cycle; therefore, there is less of a reason to expect a kind of major capitulation,” Alden said during a recent episode of the What Bitcoin Did podcast. “The cycle could go on for longer than people can expect, because it’s not driven by the halving, it’s driven by broader macro and interest in the asset itself,” Alden said, shutting down the idea…

BlackRock Clients Not Betting On Global Payment Network For Bitcoin

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BlackRock’s head of digital assets, Robbie Mitchnick, said that most of the world’s largest asset managers’ clients aren’t considering Bitcoin’s use for daily payments when deciding whether to invest in the asset. “I think for us, and most of our clients today, they’re not really underwriting to that global payment network case,” Mitchnick said during a podcast interview published to YouTube on Friday. “That’s sort of maybe out-of-the-money-option-value upside,” Mitchnick said. He said this doesn’t mean Bitcoin (BTC) won’t eventually achieve widespread use in payments, but he called that scenario…