BTC

Bitcoin

Now, Bitcoin started in October and Q4 flying high at a historic record level above $125,000. After that, the most popular cryptocurrency on Wall Street began a precipitous slide to below $85,000 by the last week in November. That marked a 32% correction from the record-high. And the situation for many altcoins, including Ethereum, wasn’t much different. Ethereum and Bitcoin Crashed in November Both blue-chip cryptos crashed hard in Q4. Ethereum’s price traced Bitcoin’s overall movements. The smart contract currency and second leading crypto by market cap started in October around the $4,500 handle. That was also a record-high level, seen only once before in Ethereum’s history, back in 2021. After that, Ether prices crashed to the $2,750 level with nine days left in November. For the second most popular crypto on the Internet and on Wall Street, the steep correction was a brutal 39% loss on Nov. 21 for Oct. 6 ETH buyers. But it’s not all doom and gloom for Bitcoin and Ethereum. Both cryptos began to recover the last week in November and continued to perform relatively better as the month rolled over to December. By Dec. 8, the leading cryptocurrency had bounced back to $92,000, and the runner-up had moved back to $3,150. Several Bitcoin maximalists and crypto permabulls took a victory lap, taunting followers to cop to who sold and who bought BTC over the last week of November. BTC vs. ETH Treasuries, Technical Signals However, the outlook for BTC and ETH is somewhat bleak after the massive corrections over a 50-day window. But the question now is whether the market has already shaken out all the paper hands or if there will be more wobbling in these cryptos’ near future. Even the ever-bullish Michael Saylor and his digital asset holding company, Strategy, Inc., are winding down purchases. Saylor, who famously buys Bitcoin at peak prices and brags about it, has backed down on purchases significantly. In past cycles, 60% and 90% corrections have occurred in both of these block bank altcoins. So it’s not impossible that they could occur again in 2026. As far as December goes, it’s usually a good month for crypto. In fact, Bitcoin historically has more pronounced Santa Claus rallies than U.S. tech stocks. Meanwhile, the long-term picture for ETH and BTC from a corporate treasury standpoint is bullish. In December, Ethereum private and public treasuries totaled 5.7 million ETH worth around $17.9 billion. But Bitcoin private and public treasuries totaled 4 million BTC worth around $616 billion. Strong BTC and ETH Dip Buying In Q4 Crash Technical signals for BTC and ETH were somewhat positive on Dec. 8, with prices moving up the chart against the 10, 20, 30, and 50-day moving averages. Meanwhile, daily trading volume consistently surges despite every big drop in both altcoins’ prices. So, the market is full of crypto investors with long-term conviction and dry powder to buy the dips. It seems that the psychologically powerful $100,000 price anchor for BTC has enormous gravity, as the pullback from $85,000 was swift and forceful. Ethereum’s $3,000 marker is also doing the same job. Two tests at $2,750 in November sparked a surge in daily trading volume, with bullish dip buyers. Which of these two cryptos’ technicals are stronger in the first week of December? Neither— their hourly price charts and hourly volume signals are so tightly correlated, it’s eerie. Bitcoin Core Audit vs. Ethereum Fusaka Upgrade Lacking a clear technical edge in either crypto over the other, trader analysts may look to their respective strategic roadmaps for clues about their TradingView candles in December. Ethereum’s Fusaka upgrade went live on Dec. 3. The planned hard fork of Ethereum onto newly upgraded blockchain rails helps it move faster to lock in state changes to its computer record. Markets rewarded both Ethereum and Bitcoin prices in the days leading up to Fusaka, then sold and took profits in the 24 hours following the successful update. This is an example of the increasingly common “buy the rumor, sell the news” pattern in crypto markets. Meanwhile, Bitcoin has a big milestone update of its own in Q4— Bitcoin Core got its first-ever third-party security audit. A Paris, France-based cybersecurity firm, Quarkslab, found no critical weaknesses in Bitcoin’s implementation in an audit sponsored by Brink Bitcoin Development. Bitcoin purists will say the Fusaka upgrade lowers Ethereum’s profitability and security. Etherites will say that it makes Ethereum more competitive against Solana for new app development. Only December will tell which markets have the edge over these differences. The post Bitcoin vs. Ethereum: Which Crypto Makes The Nice List This December? (Op-ed) appeared first on CryptoPotato .

The crypto market has opened green today, with total capitalization at $3.08 trillion, up slightly from recent lows amid a week of recovery. However, Bitcoin and Ethereum's confirmed death crosses signal ongoing bearish pressure, urging caution despite the modest uptick and a Crypto Fear and Greed Index rising to 24. Bitcoin trades at $90,170, down [...]

The term of the current Federal Reserve Chair, Jerome Powell, ends in May 2026. But the very pro-Bitcoin President Trump wants to get a head start on finding his successor. Meanwhile, the new chair could hit the ground running when his term begins next May. U.S. Treasury Gives Crypto Nod On New Fed Chair? Trump is likely to pick a new Fed chair by Christmas. U.S. Treasury Secretary Scott Bessent said on Nov. 25th: “I think there’s a very good chance that the president will make an announcement before Christmas.” There was a big teaser for Bitcoin price markets in Bessent’s remarks for a CNBC interview: “We’ve gotten to this point where monetary policy has gotten very complicated, and it’s more than just cutting rates.” Bitcoin’s price rose following news that Trump was getting close to picking his new Fed chair. A school of Bitcoin whale buyers led the surge back then. But now, after the dust has settled and we are a few weeks after Bessent’s November comments, here are four reasons why Bitcoin bulls may come out to play following a new Fed chair nomination. Trump Is Pro Low Interest Rates President Trump is famously very dovish. He is extremely in favor of a low-interest-rate policy from the Fed to drive growth. Some economists disagree and believe low interest rates lead to misdirected and wasted capital. But Trump believes the economy does not have enough dollar liquidity to service the enormous scale of businesses and consumers, and its rapid growth in the Internet era. Markets in both stocks and crypto have been teetering in Q4 over whether the Fed will cut rates again in December – something that currently seems almost a certainty. In fact, Trump has been unusually vocal for the office of the president, publicly berating and browbeating Powell and Janet Yellen for not pushing rates as low as he thinks they should be set. He even recently threatened to fire Bessent if the Treasury Department Secretary didn’t persuade Powell and the FOMC to cut rates again in December. So a Trump-nominated Fed chair would certainly reflect his view on U.S. lending rates. That’s good for Bitcoin’s price because of its supply/demand economics. The multi-year view of the U.S. target interest rate and the cryptocurrency paints the picture very clear. When rates go up, Bitcoin’s price crashes. When they go down, BTC goes up. Trump Is Also Pro Bitcoin Moreover, President Trump is not only pro-low interest rates. He’s also very pro-Bitcoin. In March, Trump said in a post on Truth Social, “A U.S. Crypto Reserve will elevate this critical industry… I will make sure the U.S. is the Crypto Capital of the World.” In a more recent, Nov. 2 “60 Minutes” interview on CBS News, Trump said : “I only care about one thing — will crypto be number one in America? Because in crypto it’s the kind of industry where basically you’re going to have number one and you’re not gonna have a number two. Furthermore, the president added: “I wanna make crypto great for America. That’s the only thing [ … ] Because right now we’re number one by a long shot. I wanna keep it that way.” The Fed plays a central role in providing guidance and supervision of its member banks like JP Morgan and Bank of America Merrill Lynch, as they offer Bitcoin products to investors. The president has strongly emphasized to markets that he prioritizes Bitcoin and cryptocurrencies. So a Trump pick heading the Fed will likely deliver a real impact on the financial sector that boosts Bitcoin’s value. Likely Fed Chair Pick Is Pro Crypto Kevin Hassett, the Director of the United States National Economic Council, leads Trump’s short list. He has strong ties to crypto through his work at the White House Economic Council. Some outlets even called Hassett a “crypto super bull,” but it’s important to see if this will be followed through if he gets elected as the new chairman. Wall St. Will Go Risk On Spot ETFs for Bitcoin have an enormous impact on Bitcoin’s price. Like crypto markets, Wall Street’s stock exchanges flip to bullish when the Fed lowers interest rates. The flood of new dollar supplies through institutions raises the entire sea level for asset prices. Since the spot Bitcoin ETFs launched in Jan. 2024, there has been a persistent and very tight positive correlation between ETF flows and Bitcoin’s price movements up or down the chart. And Wall Street loves these spot Bitcoin funds. The post 4 Ways Trump’s New Fed Chair Could Supercharge Bitcoin’s Price appeared first on CryptoPotato .

The UK's Financial Conduct Authority (FCA) has proposed updates to crypto investment rules to expand consumer access while addressing risks from high-risk digital assets. These FCA crypto investment proposals aim to refine client categorization and mitigate conflicts of interest, seeking industry feedback by early 2026. FCA seeks crypto industry input on expanding investment access through [...]

BitMine Immersion Technologies now holds over 3.86 million ETH, representing more than 3.2% of Ethereum's total supply, solidifying its position as the world's largest ETH treasury. Chairman Tom Lee predicts a crypto supercycle in 2026 driven by upgrades and macro shifts. BitMine's latest purchase added 138,452 ETH, accelerating accumulation toward a 5% supply goal. Tom [...]

This article was first published on The Bit Journal. A crypto market crash has hit digital assets over the past month. Total market value fell by nearly $400 billion. The drop surprised many investors. Bitcoin led the decline as major altcoins fell with it. Traders are now watchi...

“Bitcoin has become the key pillar in the future of financing,” says Mohammed Al Shamsi, a UAE National Security official. The senior official from the UAE National Security made the declaration at the Bitcoin MENA 2025 conference in Abu Dhabi, a convention taking place between December 8 and 9, 2025, at the ADNEC Centre with over 10,000 expected attendees and 300 speakers from around the world. What did Mohammed Al Shamsi say about Bitcoin? Mohammed Al Shamsi declared Bitcoin to be an important part of future finance systems at Bitcoin MENA 2025, which is taking place from December 8-9 at the ADNEC Centre. Al Shamsi described the current financial innovations as historical. He stated that the world economy is changing at unprecedented speed and that Bitcoin is “no longer just a digital asset.” According to the senior official, Bitcoin has now become a key pillar in the future of financing. This is the second time the Bitcoin MENA conference has been held in Abu Dhabi. The gathering is expected to draw over 10,000 attendees from around the world and features approximately 300 speakers, over 90 exhibitors, and sponsors. The event features prominent speakers, including Michael Saylor, Changpeng Zhao, and Paul Manafort. Regional leaders such as H.E. Dr. Mohamed Al Kuwaiti and Ahmed Bin Sulayem are also participating. Throughout the conference, there will be multiple stages focusing on different aspects of Bitcoin, from technical development to institutional adoption. Is the UAE’s position in the crypto market strong? The UAE has the third-largest crypto economy in the Middle East and North Africa region. The cryptocurrency market revenue in the UAE is projected to reach $395.9 million in 2025. The UAE has a diversified crypto ecosystem that records significant activity from both centralized and decentralized exchanges and finance platforms. Between July 2023 and June 2024, the country received over $34 billion in cryptocurrency transactions, indicating a 42% YoY growth. Dubai’s virtual-asset market reached 2.5 trillion dirhams, approximately $680 billion, in 2025. This contributes 0.5% to Dubai’s GDP. The crypto industry as a whole contributes approximately 100 billion dirhams, about $27.25 billion, to Dubai, making up 4.3% of the UAE’s GDP. The UAE leads the Middle East region in Bitcoin adoption , specifically. More than 30% of UAE residents, roughly three million people, have invested in cryptocurrencies. The country recorded over 500,000 daily active crypto traders. The global crypto millionaire population reached 241,700 individuals worldwide, a 40% increase from the previous year. The country has implemented several favorable regulations, such as offering zero value-added tax on Bitcoin transactions. The UAE also has no personal income tax or capital gains tax. Dubai’s Virtual Assets Regulatory Authority oversees crypto operations in the Emirate, while Abu Dhabi has its own Financial Services Regulatory Authority framework. The Middle East crypto market was valued at approximately $110.3 billion in 2024. The region is projected to reach $234.3 billion by 2033, with an expected compound annual growth rate of 8.74%. Get $50 free to trade crypto when you sign up to Bybit now

MicroStrategy announced its largest Bitcoin purchase in over 100 days, acquiring 10,624 BTC for $963 million. This boosts its holdings to approximately 660,600 Bitcoin, valued at around $60 billion, signaling continued commitment to the asset amid market fluctuations. MicroStrategy's latest buy surpasses recent acquisitions, equaling all purchases since mid-September when Bitcoin traded near $115,000. The [...]

Digital asset investment products recorded $716 million of inflows last week, the second straight week of gains after a stretch of heavy outflows, according to CoinShares. Total assets under management rose to above $180 billion, an 8% rebound from November lows, though still below the $264 billion all-time high reported by the firm. Flows recover