Bitcoin Retreats To $100K As Crypto, Macro Worsen

Key takeaways: Bitcoin ETF outflows of $2 billion since Oct. 29 intensified market pressure and erased optimism around institutional demand. Weak corporate earnings and macro risks suggest Bitcoin could fall below $100,000 before buyers regain confidence. Bitcoin (BTC) took an unexpected turn on Thursday, retesting the $101,500 support and triggering over $135 million in liquidations from leveraged bullish BTC futures positions. Bitcoin derivatives indicate that bullish momentum has all but vanished, leaving traders to question whether the $100,000 support can withstand further pressure. BTC 2-month futures annualized premium: Source: Laevitas.ch…

Circle Weighs in on GENIUS Act Implementation: ‘Simple, Strong Rules’

Stablecoin issuer Circle has advocated for a level playing field among banks, nonbanks and stablecoin issuers as the US Treasury Department considers implementing the GENIUS Act following its signing into law in July.  In comments submitted on Tuesday as part of the Treasury’s notice of proposed rulemaking for GENIUS, Circle was one of many crypto companies that weighed in on how the US government should implement the law establishing a framework for payment stablecoins. While the company reiterated many of the principles for which proponents of the bill had advocated,…

Coinbase Exchange Settles With Ireland Over Transaction Monitoring Errors

Coinbase Europe Limited, the European affiliate of US crypto exchange Coinbase, has reached a 21.5 million euro ($24.7 million) settlement with the Central Bank of Ireland following technical failures in its transaction monitoring system between 2021 and 2022. In a Thursday blog post, Coinbase said the coding errors caused the exchange’s internal compliance software to only partially screen some transactions for suspicious activity. The company said it detected the issue through internal testing, fixed it within weeks, and later reviewed all affected transactions. Coinbase Europe ultimately filed around 2,700 suspicious…

$100B BTC Shift Fuels OG vs Trader Clash

Key takeaways: Over $104 billion in long-held Bitcoin has moved since 2024, sparking debate on whether older BTC investors are exiting the market for good. Onchain data shows most moved Bitcoin was from short-term holders, not older addresses. Bitcoin’s (BTC) price dip from $126,000 to $100,000 coincided with a notable uptick in selling by long-term holders (LTH). Cointelegraph reported that more than 400,000 BTC moved from LTH wallets in the past 30 days, prompting a debate over whether these flows represent genuine “OG” exits or routine redistribution by traders. Alex…

UN Set To Launch New Blockchain Push for Global Governments

The United Nations Development Programme (UNDP) plans to launch two initiatives aimed at helping countries adopt blockchain technology. Robert Pasicko, the leader of UNDP’s financial technology team, AltFinLab, told Cointelegraph at the UN City offices in Copenhagen, Denmark, that the organization plans to launch a blockchain education program for government officials alongside a blockchain advisory body. The initiative builds on the UNDP’s existing blockchain academy for UN staff, now aimed at helping governments implement blockchain in real-world applications. Pasicko said that “in a few weeks,” the new academy will begin…

Bitcoin Undervalued Against Gold At $100,000, Says New JPMorgan Report

Key points: Bitcoin joins US stocks in erasing its latest gains as market nerves heighten over US economic cues. Fed interest rate cut odds slowly increase, but analysis says that risk assets could get a nasty surprise. JPMorgan now sees Bitcoin as undervalued against gold. Bitcoin (BTC) wobbled below $102,000 at Thursday’s Wall Street open as US stocks dipped on macro data. BTC/USD one-hour chart. Source: Cointelegraph/TradingView BTC price trends down with stocks Data from Cointelegraph Markets Pro and TradingView showed BTC price losses nearing 2% on the day. BTC/USD…

Bitcoin Adoption Grows in Unexpected Corners of the United States

One of the unsung realities of Bitcoin (BTC) adoption in the United States is that the most meaningful momentum isn’t always happening in major financial centers. While regulatory battles unfold in Washington and institutions accumulate on Wall Street, everyday Bitcoin use is quietly taking root in places few would expect, including the heart of Oklahoma. The latest episode of The Clear Crypto Podcast explores how Bitcoin has become part of daily life in middle America, while speaking with Matthew Moore, a broadcaster and educator who has emerged as one of…

Bitcoin MVRV Ratio Hints at a ‘Possible Bottom’ at $98K: New Analysis

Key takeaways: Bitcoin’s MVRV ratio dropping to the 1.8-2.0 range signals a local bottom, historically preceding price rallies. Distress-driven selling may clear leverage, setting the stage for a market reversal, according to analysis.  Bitcoin (BTC) fell 11% between Nov. 3 and Nov. 4, breaking below the $100,000 level for the first time in four months. This led to the liquidation of over $1.3 million in leveraged long positions and coincided with profit-taking by long-term holders and capitulation by recent buyers. BTC/USD daily chart. Source: Cointelegraph/TradingView Several key data metrics suggest…

TRUMP Memecoin May Surge 70% By the End of 2025

Key takeaways: TRUMP confirms a falling wedge breakout, targeting a 70% rally toward $13 by 2026. Issuer’s Republic.com deal talks and $200 million buyback plan strengthen bullish fundamentals. Official Trump (TRUMP), a Solana-based memecoin associated with US President Donald Trump, is staging a sharp comeback after collapsing by 90% earlier this year. TRUMP/USDT three-day chart. Source: TradingView The meme token has rebounded by more than 450% from its October low of $1.50 to trade above $8.30 on Thursday, and technical and fundamental signals now indicate another 70% rally by year’s…

RedStone Launches Credora DeFi Risk Ratings After $20B Liquidation

Modular oracle network RedStone launched Credora, a decentralized finance (DeFi)-native risk ratings platform aiming to bring transparency and credit analytics to lending protocols.  RedStone said on Thursday that it had expanded beyond price feeds into the broader domain of credit, collateral and risk intelligence through its Credora acquisition in September.  At launch, Credora by RedStone integrates with DeFi lending markets Morpho and Sparks to offer dynamic risk scores and default-probability analytics, accessible through an API.  RedStone co-founder Marcin Kaźmierczak said the launch marked a pivotal step toward the “Low-Risk DeFi”…