Bitcoin (BTC) traders saw fresh downside at Friday’s Wall Street open as $90,000 hung in the balance. Key points: Bitcoin edges closer to $90,000 with traders lining up lower BTC price targets next. Liquidity conditions favor a sweep of bids as an initial move, analysis agrees. Ichimoku Cloud signals point to a potentially bigger dip to come. BTC price bets refocus under $90,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD down nearly 2% versus Thursday’s close. BTC/USD one-hour chart. Source: Cointelegraph/TradingView After rejecting at the 2025 yearly open…
Category: Bitcoin News
What It Means for State Crypto Adoption
Texas has become the first US state to officially purchase and hold Bitcoin (BTC), acquiring $5 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) and authorizing another $5 million for direct, self-custodied BTC. The move comes at an unexpected moment: a market downturn marked by exchange-traded fund (ETF) outflows, institutional caution and stalled legislative efforts across the country. In this week’s episode of Byte-Sized Insight, we explore why Texas stepped in while many others stepped out and what the timing suggests about the state’s long-term view on digital assets. Earlier…
How Fiat Orange-Pilled Elon Musk To Bitcoin
Elon Musk’s ambitious goals of tackling excess spending and inefficiencies in the US federal government may have been futile, but it might have been the catalyst for his changing tune on Bitcoin. So, why is @elonmusk finally talking about Bitcoin’s intrinsic connection to physics and energy? As @DSBatten eloquently explains, Elon has firsthand experience trying to stop excess government spending with @DOGE. “He’s run that experiment and he knows that it is not possible… pic.twitter.com/pmLodj8Yf6 — Gareth Jenkinson (@gazza_jenks) December 1, 2025 The Tesla and SpaceX founder went viral on…
Bitcoin Realized Losses Reached $5.7B as Holders Continue To Accumulate
Bitcoin (BTC) has dropped 10% over the last 30 days, as several groups of wallet holders switched from distribution to accumulation. Data suggests that this accumulation, coupled with record realized losses, points to a potential shift in momentum. Key takeaways: Bitcoin whales and mid-sized holders are aggressively accumulating BTC at current levels. Whales and sharks are now absorbing nearly 240% of the newly mined BTC supply. Bitcoin’s realized losses neared $5.8 billion on Nov. 22, the largest since FTX, a classic capitulation sign. Strong Bitcoin accumulation at current levels Bitcoin…
Solana’s WET Presale Relaunches After Bot Farm Snipes Supply
A Solana presale event encountered distribution issues after a bot farm reportedly used over 1,000 wallets to snipe nearly the entire Wet (WET) token sale in seconds. Hosted through the decentralized exchange aggregator Jupiter, the presale sold out almost instantly. But genuine buyers effectively had no chance to participate because a single actor dominated the presale, according to organizers. Solana automated market maker (AMM) HumidiFi, the team behind the presale, confirmed the attack and scrapped the launch entirely. The team said it would create a new token and hold an…
Turkish Exchange Paribu Buys Majority Of Competitor CoinMENA
Turkish crypto exchange Paribu has acquired a majority stake in CoinMENA, a Sharia-compliant cryptocurrency exchange licensed in Dubai and Bahrain. According to a Thursday CoinMENA announcement, Paribu acquired a majority stake in CoinMENA in a deal valuing the company at up to $240 million. The company claims the transaction is Türkiye’s largest fintech deal to date and the country’s first cross-border acquisition of a digital asset platform. Paribu said it plans to use the acquisition to scale its operations beyond its home market. CoinMENA obtained a license from Bahrain’s central…
Italy Sets Firm MiCA Deadline for VASPs
Italy’s securities regulator set a firm timetable for applying the European Union’s Markets in Crypto-Assets Regulation (MiCA) in the country, warning that unlicensed crypto platforms face a deadline to either seek authorization or leave the market. The move directly affects virtual asset service providers (VASPs) currently operating under Italy’s regime and the retail investors who use them. In a news release published Thursday, Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB) reminded the market that Dec. 30 is the last day VASPs registered with the Organismo Agenti e…
Ether Gets $3,700 Target as Bull Market History Repeats Against Bitcoin
Ether (ETH) is teasing 170% gains in under two months as history repeats itself against Bitcoin (BTC). Key points: Ether has the potential to rematch long-term highs above 0.09 in Bitcoin terms. Bull market history continues to play out for the largest altcoin, with $3,700 the next target. Bitcoin itself could see $100,000 as soon as next week, analysis predicts. Trader on ETH bull run: “You know what’s coming” New analysis released on X Friday by trader Mags shows identical ETH price action playing out from the 2021 bull market.…
Alphaton Files $420.69m Registration as Tiny Ton Treasury Eyes AI Push
Small-cap publicly traded firm AlphaTON Capital has signaled ambitions to access a substantially larger fundraising capacity as it delves deeper into the artificial intelligence and Telegram ecosystem. The company has exited the SEC’s “baby-shelf” limitations and filed a $420.69 million shelf registration, a precise figure often referenced in crypto’s meme culture. The rules limit the amount of capital that very small public companies can raise through a shelf registration. This aims to prevent tiny issuers from flooding the market with stock and heavily diluting investors. According to Google Finance data,…
Bitcoin Unlikely to See New High in January: 21Shares Founder
Current market conditions will make it difficult for Bitcoin to replicate its early 2025 price gains going into 2026, says 21Shares co-founder Ophelia Snyder. “It’s unlikely that the factors driving the current volatility will fully resolve in the short term,” Snyder told Cointelegraph. “A repeat performance next January will depend heavily on broader market sentiment.” Snyder explained that January often sees “renewed inflows” into Bitcoin (BTC) exchange-traded funds as investors rebalance and reposition portfolios at the start of the year. Downtrend isn’t “anything crypto specific” Snyder said it is unclear…