Events

Ray Dalio remains skeptical of Bitcoin’s long-term role, citing structural risks, and has consistently kept only about 1% of his portfolio in BTC as a small, steady allocation for years.

On-chain indicators, miners' net purchases and short-term holder capitulation point toward a potential market bottom, but recent steep sell-offs, uneven ETF-led rebounds, unclear macroeconomic signals and ambiguous on-chain readings leave Bitcoin and the wider crypto market fragile, spurring crash fears with no clear confirmation.

Rep. Warren Davidson's 'Bitcoin for America' Act would let Americans pay federal taxes in Bitcoin. The bill would place collected BTC into a Strategic Bitcoin Reserve to bolster U.S. financial stability, broaden asset diversification and reinforce U.S. leadership in digital assets.

Bitcoin is enduring intense selling and pronounced volatility, with both short- and long-term holders offloading sizable positions. The price plunged from about $126,000 to below $90,000, triggering billions of dollars in liquidations and sharp intraday swings. Its slide beneath key thresholds undermines bullish and institutional demand narratives, even as futures markets remain relatively resilient.

Bitcoin Core has cleared its first independent third-party security audit, conducted by Quarkslab and funded by Brink. The review found no high- or medium-severity vulnerabilities and affirmed the codebase’s maturity, notably in sensitive areas such as the P2P layer and block validation logic.

Bitcoin plunged from recent peaks, momentarily dipping below $90,000 as hopes for Fed rate cuts faded and ETF outflows picked up. Still, large single-day purchases, bullish calls for a year-end rally, and descriptions of the decline as a "healthy correction" sit alongside stark bearish warnings it could fall to zero.

Institutions are growing wary of bitcoin ETFs, with significant withdrawals from BlackRock’s IBIT and other BTC ETF products, while Abu Dhabi’s sovereign capital boosted its holdings just ahead of a steep market slide. The contrast illustrates differing approaches as volatility and macro uncertainty rise.

Kenya’s new Virtual Assets law has taken effect, prompting Bitcoin ATM installations in major Nairobi malls, even as regulators warn that no crypto firms or ATM operators are yet officially licensed and that any claims of approval are illegal.

Major cryptocurrencies — Bitcoin, Ethereum and XRP — endured steep, retail-driven sell-offs as small wallets offloaded large holdings amid panic. Yet on-chain indicators and analysts view the action as exhaustion rather than systemic collapse, and historically such episodes have often preceded short-term rebounds and buying opportunities.

Mt. Gox has resumed large Bitcoin movements after an eight-month pause, transferring roughly $1 billion in value — about 10,600 BTC. The renewed activity has reignited worries that repayments to creditors and sales of long-held legacy coins could add selling pressure to an already fragile market and further weigh on Bitcoin’s price.

Bitcoin has slid into another bear market, dipping to roughly seven-month lows near $90K and more than 27% below its recent peak. Still, past returns, targeted purchases by whales and El Salvador, and signs of reduced selling pressure indicate the pullback could present accumulation prospects and possible medium-term stability.

Former BitMEX CEO Arthur Hayes says Bitcoin's recent roughly 10% slide could deepen toward the low $80,000s as dollar liquidity tightens and ETF inflows slow. He nevertheless stays bullish, forecasting a possible recovery to about $250,000 by year-end.

Bitcoin’s slide below $90,000 has put Michael Saylor’s Bitcoin-centric Strategy under pressure, with roughly 40% of its holdings now in loss and critics increasingly questioning its treasury model. The downturn has driven a steep decline in the stock, though Saylor maintains Bitcoin’s volatility is diminishing even as Wall Street’s role grows.

Analysts and entrepreneur Mike Alfred say that although the U.S. has set up a Strategic Bitcoin Reserve, it is unlikely to buy Bitcoin for national holdings until rival countries act first. They add Bitcoin's recent roughly $1 trillion market decline challenges bullish narratives as higher U.S. rates and a stronger dollar persist.

Bitcoin's price and market dominance have slipped from just over 61% to roughly 59%, prompting discussion over whether this is the result of wider deleveraging or an early rotation into altcoins. Rising altcoin-season indicators suggest a possible structural shift echoing 2019.

Canaan and HIVE Digital posted substantially improved Q3 results, driven by fresh hardware deployments, fleet expansion and higher output. Canaan’s revenue more than doubled and its stock climbed roughly 20%. Both companies have increased their BTC reserves despite a softer crypto market and recent price weakness.

Despite a broad crypto sell-off and Bitcoin’s multi‑month price slump, on‑chain data indicate large holders are buying aggressively — withdrawing about 100,000 BTC from exchanges and raising the number of 1,000+ BTC wallets since October, as smaller investors capitulate.

Bitcoin has slipped substantially from its all-time high as institutional demand appears to cool and market swings grow larger. Nevertheless, periodic recoveries, the coin’s relative strength against traditional assets, and expert forecasts point to scope for a rebound. Increased retail participation and mounting interest in new tokens, including Digitap’s $TAP presale, are helping sustain cautious optimism.

Tether has taken a strategic stake in Ledn, a bitcoin‑collateralized lender. Ledn has originated over $1 billion in loans and reports more than $100 million in recurring revenue. The funds will broaden crypto‑backed credit offerings and hasten the adoption of digital assets into mainstream finance.

Peter Schiff, a long-standing gold proponent and outspoken Bitcoin critic, has stepped up attacks on BTC and CNBC, calling Bitcoin a fraud and pointing to its weak performance and steep decline versus gold to argue the 'digital gold' case is collapsing.