Pig-butchering scams are expanding into a transnational crime model, blending trafficking and crypto laundering on a massive scale.
Bitcoin has fallen below $97,000 once again, raising new fears across the market as more than $1.1 billion in long positions were liquidated within 24 hours. This marks the third time in a month that Bitcoin has slipped under this zone . With sentiment weakening fast, the biggest question now dominating the market is simple: …
Equity screens show a broad red, with the S&P 500 down around 1.8% and the entire crypto market under pressure simultaneously. What appears to be an unexplained wipeout is, in fact, a layered move driven by interest rate expectations, crowded positioning in tech and AI names, and a shift in global risk appetite that is […]
The post Why is everything down? Macro shock turns Bitcoin and other risk assets red across the board appeared first on CryptoSlate.
Cathie Wood’s investment company, ARK Invest, is back to buying Circle, making its first purchases since selling 1.7 million shares in June.
Bitcoin ETFs saw $866 million in outflows as the US shutdown ended, pushing BTC to a six-month low and raising concerns over market structure and investor demand.
Uniswap has unveiled its Continuous Clearing Auction protocol for onchain token auctions with automatic liquidity seeding and optional ZK-based privacy.
JPMorgan has put a numerical marker under this Bitcoin cycle, telling clients that the market’s “pain threshold” now sits near $94,000 — a level the bank frames as both a mining-economics floor and an answer to the question of how low spot can realistically trade before fundamentals start to bite. According to reporting by The Block, the analyst team led by Nikolaos Panigirtzoglou argues that “Bitcoin’s downside from current levels appears to be ‘very limited,’” because they “see its support price at around $94,000.” How Low Can Bitcoin Go? The core of the call is JPMorgan’s updated estimate of Bitcoin’s production cost. In their latest note, cited by The Block, the analysts say the all-in cost to mine one bitcoin has risen from about $92,000 to roughly $94,000 as network difficulty has surged over recent months. That jump in difficulty forces miners to deploy more hashpower per block, lifting the marginal cost per coin. The team reiterates a framework they have used in prior cycles, stressing that “the bitcoin production cost has empirically acted as a floor for bitcoin,” so a higher cost mechanically pulls the support zone higher as well. Related Reading: Bitcoin Death Cross Is Coming: Don’t Be Fooled By The Name On JPMorgan’s numbers, the ratio of spot price to production cost now sits just above 1.0, close to the lower end of its historical range. That implies miners’ operating margin is thin and that there is limited room for an extended move far below the modeled cost without triggering stress in the mining sector. From that perspective, the bank’s $94,000 level is not presented as a precise line in the sand, but as a statistically grounded region where downside risk becomes compressed because miners’ incentives to keep selling into weakness deteriorate. The same note keeps a much more optimistic medium-term scenario in place. JPMorgan reiterates a 6–12 month upside case around $170,000 per bitcoin, derived from a volatility-adjusted comparison with gold. As summarized by The Block, the analysts estimate that Bitcoin currently “consumes” around 1.8 times more risk capital than gold, yet still has a smaller market capitalization — roughly $2.1 trillion versus about $6.2 trillion in private-sector gold investment via ETFs, bars and coins. To close that gap on a volatility-adjusted basis, they calculate Bitcoin’s market cap would need to rise by about 67%, “implying a theoretical bitcoin price of close to $170,000.” Related Reading: Bitcoin Crashes To $98,000 As HODLer Selling Accelerates The Block also highlights how this view fits into JPMorgan’s recent track record of calls. In an earlier note last month, the same team argued that Bitcoin looked significantly undervalued relative to gold, implying upside toward about $165,000 by year-end. Panigirtzoglou has since dialed back the timing, telling The Block that, “it would not be realistic to expect this price target by year’s end,” given recent liquidations and very weak sentiment, and reframing $170,000 as a 6–12 month scenario rather than a near-term objective. The note further recalls an August projection around $126,000 by year-end; Bitcoin later printed an all-time high above $126,200 on Oct. 6 before a record liquidation event on Oct. 10 abruptly reset positioning. Those earlier pieces of research are consistent with a broader framework JPMorgan has been articulating publicly. In a separate analysis earlier this month, also led by Panigirtzoglou and reported by MarketWatch, the bank argued that post-October deleveraging left Bitcoin “very cheap to gold” on a volatility-adjusted basis and concluded that “this mechanical exercise thus implies significant upside for bitcoin over the next 6–12 months,” with fair value again clustering near $170,000. What the new note, as relayed by The Block, adds is a more explicit downside anchor: as long as network difficulty and energy-input assumptions keep the estimated production cost around $94,000, JPMorgan sees that level as the effective floor that answers how low Bitcoin can go before mining economics force the market to confront its constraints. At press time, BTC traded at $97,505. Featured image created with DALL.E, chart from TradingView.com
What to Know: Sentiment flipped negative after Bitcoin dipped below $100K for the second time this month, turning investors cautious and rather pessimistic. However, institutions remain bullish into year-end, with many planning to increase crypto allocations as regulatory clarity improves. Bitcoin Hyper ($HYPER) and Maxi Doge ($MAXI) are among the best crypto presales that align with today’s market: one solves throughput; the other captures rotation with community utility. Quant ($QNT) provides listed exposure to interoperability, trading on major exchanges with a market cap around the $1B+ zone. Pessimism spiked after this week’s drawdown. Derivatives funding reset, retail mood turned sour, and headlines called out defensive positioning across majors. As expected, Bitcoin is at the heart of it, after dipping below $100K for the second time this month, trading at $97,216 at the time of writing. Institutions haven’t packed up. Surveys and flow updates point to cautious optimism into year-end, with a meaningful share of allocators preparing to add on regulatory clarity and the continued mainstreaming of ETFs and tokenized products. ????️ Several recent polls and briefings indicate many plan to increase digital-asset exposure over the next three to 12 months, even as they hedge for more volatility. Some 80% of investors still see Bitcoin as a valuable investment, while 70% prefer it to cash on a five-year plan. That split view – retail fatigue vs institutional preparation – creates a pocket for builders and early-stage narratives. Infrastructure bets with clear utility can compound when the market turn arrives, while cultural tokens with sticky communities can surprise the upside on rotation. Within that frame, here are three names to watch: Bitcoin Hyper ($HYPER) and Maxi Doge ($MAXI) – both presales positioned for the next leg – and Quant ($QNT), a listed interoperability play already liquid on major exchanges. 1. Bitcoin Hyper ($HYPER) – Bitcoin Layer-2 With SVM Speed Bitcoin Hyper ($HYPER) is pitching a pragmatic fix to Bitcoin’s throughput gap: a Bitcoin-anchored Layer-2 that taps the Solana Virtual Machine (SVM) to deliver low-latency, low-fee transactions and smart contracts, while staying aligned with Bitcoin’s security ethos. In simple terms, it aims to bring Solana-like performance to Bitcoin without forcing developers to abandon familiar tooling. That’s the kind of infrastructure institutions prefer: tangible utility, a clear roadmap, and credible throughput. The presale is already well capitalized, reaching the $27M milestone yesterday. However, a massive $502.6K whale buy has since boosted the presale raise to $27.5M+. That right there is a solid indication of investor confidence in this Layer-2 project. These figures matter because execution runway + fair initial pricing are what let builders ship during choppy markets. Right now, $HYPER is priced at $0.013275 with staking at 42% APY. From a return framework, our price prediction for $HYPER hints at a potential and $0.08625 by the end of 2026 if mainnet milestones, early dApps, and DAO governance land on schedule. ???? Based on today’s presale price, that implies a ~5.5x upside – ambitious, but grounded in a roadmap that targets real usage, not vibes. ➡️ Check our guide to buying $HYPER if you’re thinking of joining the presale. If Bitcoin Hyper’s Layer-2 consistently delivers low-cost, high-throughput rails for $BTC settlement and programmatic finance, it should attract builders chasing order flow when risk comes back on. Consider it a conviction-weighted presale for those hunting utility over pure beta. ???? Secure your $HYPER today before the next price increase. 2. Maxi Doge ($MAXI) – Meme Culture With DeFi-Native Hooks Maxi Doge ($MAXI) leans straight into trader culture – the sleepless, levered, ‘one more candle’ energy – then pairs it with a presale funnel that’s fast to use and heavy on community loops. The hook isn’t just memes. The project’s roadmaps sets out trading competitions, staking, and planned integrations that can keep activity sticky after the novelty fades. In a market where attention ricochets, utility-adjacent memes are the ones that tend to survive. The Maxi Doge presale has raised $4M+ to date, with the current price at $0.000268 and a 77% staking APY. Be sure to read our guide on how to buy $MAXI if this meme coin is right up your alley. That presale raise matters, by the way. That’s because social coins usually need both a treasury buffer and early participation to reach the first listings with momentum. If rotation picks up from majors into meme coins, tokens with strong onboarding and recurring events typically capture disproportionate flows. ???? Because of this, we expect $MAXI to see a post-launch surge, which would reflect its outstanding presale performance. Based on the raw numbers, investor participation, and Maxi Doge’s unapologetic ecosystem, this could become one of the best crypto presales to buy before 2026. Maxi Doge’s branding is loud, but the mechanics – onboarding, competitions, staking – aim to sustain engagement rather than just farm attention. If you want a higher-beta ticket with a clearer plan than a vanilla meme coin, this is the one to watch. ???? Buy your $MAXI now by visiting the official presale website. 3. Quant ($QNT) – Interoperability for the Multi-Chain Reality On the listed side, Quant ($QNT) remains a steady pick for cross-chain plumbing. Its Overledger architecture focuses on connecting disparate ledgers and enabling multi-chain applications – the kind of ‘boring’ middleware that enterprises actually need. In a market drifting back toward fundamentals, that narrative resonates more than empty metaverse promises. Quant’s market cap sits around the $1B+ mark, with a price above $90 at the time of writing. Access is easy. $QNT trades on major centralized venues – Coinbase and Binance among them – with active $USD and $USDT pairs and healthy depth. ???? If you want liquid exposure to an interoperability thesis without taking presale risk, this is a straightforward allocation that still benefits from any 2026-style build-out of tokenized assets and multi-chain apps across finance and enterprise. Interoperability also fits the current macro read. Institutions scaling in prefer neutral picks that enable compliance-friendly workflows, cross-ledger data sharing, and modular deployments. If the next wave of adoption is tokenized real-world assets, enterprise settlement, and ETF-adjacent wrappers, networks that connect the pipes should see durable demand. ???? Head to Binance or other leading exhanges to invest in $QNT today. Recap: Risk is elevated, but signals into the weekend lean constructive. Retail is defensive, institutions are preparing, and that split rewards clear narratives. Bitcoin Hyper ($HYPER) targets Bitcoin scalability with an SVM-powered Layer-2. Maxi Doge ($MAXI) merges meme energy with engagement mechanics. Quant ($QNT) offers liquid exposure to interoperability as a service. Disclaimer: This is not financial advice. Always do your own research and manage risks wisely before investing. Authored by Aaron Walker for NewsBTC – https://www.newsbtc.com/news/best-crypto-presales-bitcoin-hyper-maxi-doge-quant
The US Federal Deposit Insurance Corporation is preparing to take a more active role in the future of blockchain technology. Acting Chair Travis Hill recently revealed that the agency is evaluating how deposit insurance could function in a tokenized format, while also developing a structured pathway for stablecoin issuers. His remarks at the Philadelphia Fed’s …
Crypto markets are going through a rough patch in recent weeks. Bitcoin has dropped below the crucial $100,000 level, touching its lowest point in six months and altcoins have also recorded heavy losses. Sentiment is tense and volatility is rising, but not everyone agrees that the industry is in a true bear market. Some point …
What to Know: Bitcoin’s ETF-driven evolution into digital gold is softening strict maximalism and encouraging more diversified crypto portfolios. Capital is rotating into top altcoins with real narratives, especially in infrastructure, AI and DePIN rather than pure speculation. PEPENODE mixes meme culture with gamified virtual mining and multi token rewards to keep holders engaged. For most of crypto’s history the script was simple: own Bitcoin, ignore everything else. That mindset is fading. Bitcoin now behaves more like digital gold, while the real experimentation (and much of the upside) is shifting to newer chains and app layers. Spot Bitcoin ETFs accelerated that shift. Many veteran holders in the US are moving coins from self custody into ETF wrappers to gain tax advantages and easier reporting without giving up long term $BTC exposure. Yes, OG whales definitely aren’t selling their Bitcoin for nothing – they’re going the ETF way. On chain, that unlocks fresh capital that no longer needs to sit idle. Instead of chasing random memes, that capital is rotating into infrastructure and narrative rich plays. High throughput networks like Avalanche, DePIN platforms such as Peaq and experimental designs like Kaspa’s blockDAG are drawing serious research time from investors who once swore they would never touch an altcoin. In this more mature market, Bitcoin can remain the macro anchor, while the upside shifts toward the top altcoins that pair clear stories with working products and lean tokenomics. Meme coins still matter, but they now need actual hooks. PEPENODE ($PEPENODE) tries to be one of those hooks. It blends Pepe style culture with a mine to earn model that turns virtual mining into a browser based strategy game. With more than $2.1M already raised at a presale price of $0.0011454 and 605% staking rewards, it gives rotated Bitcoin profits a defined, higher risk lane. PEPENODE’s Mine-To-Earn Model And Presale In One Snapshot PEPENODE ($PEPENODE) starts from a basic problem – most crypto presales and staking pools are passive: you buy, you lock, you wait, and attention fades long before launch. The project’s whitepaper instead describes a virtual mining simulator. After TGE, holders will build a server room inside a web app by buying Miner Nodes and upgrading Facilities with $PEPENODE. A dashboard tracks simulated hashrate, energy use and rewards so it feels like running a mining farm without hardware, noise or power bills. PEPENODE also plugs into existing meme liquidity instead of ignoring it. Leaderboards and bonus pools aim to pay rewards not only in $PEPENODE but also in some of the best meme coins such as $PEPE and $FARTCOIN. One active position can become exposure to several assets, which appeals to traders who prefer to keep their stack working instead of parked in a single token. On the funding side, the presale runs as a community first public sale with no private rounds or insider allocations. Pricing began around $0.001 and sits at $0.0011454 in the current stage, with $ETH, $BNB, $USDT and card payments accepted. Here’s how to buy PEPENODE now. Early staking yields at 605% are live alongside the raise and are designed to step down as more tokens are locked, encouraging commitment rather than quick flips. Our $PEPENODE price prediction sees a potential high near $0.0031 in 2025, with a 2026 range between roughly $0.0022 and $0.0077 if the game ships on time and user numbers grow. From a presale level around $0.0011454, that translates into indicative moves of about 2.7x at the first target and up to roughly 6.7x at the top of the 2026 band. For investors who now hold Bitcoin exposure through ETFs and want a defined risk sleeve for growth, PEPENODE offers a narrative that lines up with the wider rotation into utility driven altcoins and interactive on chain products. Consider PepeNode when shaping your next altcoin sleeve. This article is informational only, not financial advice; cryptocurrencies are highly volatile and can lead to full loss of invested capital. Authored by Elena Bistreanu, NewsBTC – https://www.newsbtc.com/news/bitcoin-maximalism-fading-top-altcoins-pepenode-rise
Over the last few weeks, analysts have been predicting that the Bitcoin price could crash again after the initial October 10 crash. This is because of the weakening market trends that have shown that Bitcoin is still favoring a downtrend at this point. Crypto analyst Lixing_Gan on the TradingView website also shares this view, with the appearance of a descending trend pattern that suggests that the Bitcoin price is more likely to fall than rise. Bitcoin Price At Risk Of Major Crash Below $90,000 So far, the Bitcoin price has been able to maintain its hold above the psychological level of $100,000, despite bears briefly pushing the price below this level. It has been trading in a tight range of $101,000 to $105,000 during this time, but with no notable momentum that could push its price higher. This tight range, unfortunately, plays into the descending pattern that maps a path downward. Related Reading: Abundance of Catalysts Suggests XRP Price Could Take Off This Week According to the crypto analyst’s chart, the descending pattern was formed at the start of October, well before the historic 10/10 crash. This means that the bearish trend had begun much earlier, and the resultant crash was only in response to bullish positions weakening across the board. This was triggered by massive sell-offs, mainly among whales and holders that have held onto their BTC for a notable amount of time. Over the last few months, these long-term holders have sold off more than 390,000 BTC, triggering billions of dollars in selling pressure. Given this, it is no surprise that the Bitcoin price broke down the way it did at the start of October. These sell-offs from the long-term holders, though, the crypto analyst believes, are a distribution phase. As they sell off their holdings to newer investors, the cost basis for each Bitcoin begins to rise, increasing the likelihood that buyers will hold for longer. Looking at the descending trendline from here, technical analysis suggests that the Bitcoin price is still testing the upper bound of the trendline. As the analyst explains, this upper bound happens to coincide with $106,500, which has been a major resistance for the cryptocurrency. Related Reading: Institutions Have Been Buying Solana Every Day For 2 Weeks, Is $300 Possible? In addition to the resistance above $106,000, the Bitcoin Ichimoku cloud also shows a rise in bearish pressure. This means that the $100,000 psychological level is still at risk, and if it breaks, then the current decline could deepen. The targets for this Bitcoin price crash lie well below the $90,000 level. The first major support is at $93,000, but a break below here could extend the decline to as low as $88,000 before the bulls find their footing again. Featured image from Dall.E, chart from Tradingview.com
On November 14, 2025, 41,000 Bitcoin options contracts worth $3.95 billion expired, with a Put-Call Ratio of 0.61 and a max pain point at $105,000. At the same time, 228,000 Ethereum options worth $730 million expired, showing a Put-Call Ratio of 0.59 and max pain near $3,475. This big expiration may cause short-term price swings …
Ether strengthens against bitcoin, raising hopes of a bullish breakout.
The crypto market is deep in correction mode, with the global market cap falling to a six-month low near $3.27 trillion. Both Bitcoin and Ethereum have retreated sharply, dropping 23% and 36% from their all-time highs. Sentiment has turned fearful across the market, with the Crypto Fear & Greed Index plunging to 15, reflecting rising …
Aave said compliant, audited payment pathways are crucial for onboarding new users to decentralized finance.
The launch of the first spot XRP ETF was expected to bring a strong boost to the market, but instead, XRP has slipped into another round of losses. The token fell more than 7% in a single day, dropping from the $2.50 zone and sliding toward $2.20 as broader market pressure continues to weigh down …
The debut of the Canary XRP ETF (XRPC) has become one of the most notable ETF launches of 2025, posting inflows and trading volumes that outperform several major crypto ETFs, including Solana and even some Bitcoin products. However, despite its blockbuster entry, XRP’s market price failed to sustain momentum, dropping sharply after the announcement. XRP …
Cathie Wood's Ark Invest also bought $8.86 million worth of BitMine shares and $7.28 million worth of Bullish.
Canary Capital’s XRP ETF made a historic debut on Thursday, surpassing its competitors by hitting $58 million in trading volume on its first day, setting a record for the most traded ETF launch this year. This milestone was lauded by Bloomberg expert Eric Balchunas on the social media platform X (formerly Twitter), underlining the remarkable success of the XRP ETF in the market. The launch of the first XRP ETF in the United States earlier today had a notable impact on the XRP price, propelling it towards the crucial $2.5 level. However, subsequent market movements saw a 4% retracement, bringing the token’s current trading price to $2.3. XRP ETF Potential Canary Capital’s CEO, Steven McClur, recently expressed confidence in the potential of an XRP ETF, suggesting that it could outperform the achievements of Solana (SOL). He highlighted XRP’s strong liquidity and global utility, foreseeing substantial institutional investment influx in the near future. The XRP ETF by Canary Capital has indeed outperformed Bitwise’s Solana Staking exchange-traded fund, with a trading volume of $57 million, falling just short of Canary’s fund by a mere million-dollar difference. Related Reading: Who’s Selling Bitcoin? Fidelity Research Boss Breaks It Down Analysts predict that the approval of asset managers like Franklin Templeton, Bitwise, and Grayscale in the upcoming days of November could attract significant institutional investments ranging from $4 to $8 billion, potentially leading to a substantial price surge due to the low liquidity in the market. As a result, market analysts foresee a bullish rally for XRP, hinting that the token may be approaching the end of consolidation. They suggest long-term price targets ranging from $10 to $37. If these bullish scenarios materialize, these surges could result in new all-time highs and significant potential gains, with projections of 334% and a staggering 1,500%, respectively, from current trading levels. XRP Price Could See 150% Increase To $6 by 2030 In addition to the significant ETF debut by Canary Capital, industry experts like Dark Defender have shared key technical analyses that could complement the performance of the XRP ETF market. Notably, Dark Defender highlighted signals on the weekly time frame indicating a potential surge for XRP, with resistance at $2.85, support at $2.22, and targets projected at $18.22 and $36.76. Related Reading: Dormant Bitcoin Giant Stirs, Unloads 12,000 BTC In Surprise Move Geoffrey Kendrick at Standard Chartered anticipates substantial gains in the forthcoming years, largely attributed to the potential of spot XRP ETFs. He has set a target price of $12.50 for 2028, implying annual returns of 73%. Analysts at the Motley Fool have also weighed in, drawing parallels to Bitcoin’s (BTC) price appreciation following the SEC approval of spot Bitcoin ETFs in January 2024, projecting a 150% increase to $6 for XRP by 2030. Featured image from DALL-E, chart from TradingView.com
The crypto market is going through one of its strangest weeks. Altcoin ETFs are breaking trading records, but altcoin prices are still falling. Bitcoin has dropped below $98,000, marking its worst November in years, and altcoins are sliding even harder. Altcoins Fall Even As New ETFs Surpass Records The big shock is that this crash …
The outflows on Thursday coincided with a broader crypto market sell-off, with BTC falling below $97,000 as of 2:30 a.m. ET Friday.
The crypto market today has been under pressure after a sharp 5.2% drop, and Bitcoin slipping below $97,000 has only added to the fear. But in the middle of all, one coin is suddenly grabbing all the attention, SUI. According to the well-known crypto trader Michael van de Poppe, SUI price might be setting up …
Pi Network price continues to trade near $0.22, but the stability behind this price is what has captured market attention. The network is entering its heaviest unlock period until 2027, with 145.7 million tokens scheduled to be released this month and an additional 173 million in December. Normally, such expansion triggers sharp declines, yet Pi …
Bitcoin spot ETFs in the U.S. saw net outflows of $870 million on November 13, ranking as the second-biggest withdrawal ever. Spot Ethereum ETFs were also hit, losing $260 million and logging their third straight day of outflows. In contrast, U.S. spot Solana ETFs attracted $1.49 million in net inflows, continuing their streak as the …
The successful launch of the XRP ETF may boost institutional interest and legitimacy for cryptocurrencies in traditional finance markets.
The post Canary XRP ETF attracts $245 million in net inflows on first trading day appeared first on Crypto Briefing.
Investors have pulled out $2.64 billion over three weeks
The Bitcoin price is plunging! The levels dropped below the psychological barrier at $100,000 while altcoins display some strength. After marking daily close below $100K for the first time in 5 months, the buyers were expected to step in. But the indecisiveness among them has triggered more bearish action, driving the levels below $97,000. Now, …
On-chain data shows Bitcoin long-term holders have been ramping up their selling recently, a potential reason behind BTC’s fall under $100,000. Bitcoin Long-Term Holders Have Been Booking Profits In a new post on X, on-chain analytics firm Glassnode has discussed about the latest trend in the supply of the Bitcoin long-term holders (LTHs). These are referred to as the investors holding their coins for a period longer than 155 days, without selling or involving them in a transaction on the blockchain. Related Reading: Bitcoin Sentiment Most Fearful Since March: Is A Bottom Near? Statistically, the longer an investor holds onto their coins, the less likely they become to sell them in the future. As such, the LTHs with their long holding times are usually considered to be resolute entities. Despite their resilience, however, there are times when even these diamond hands can decide to part with their holdings. One such time happens to be right now. As the below chart shared by Glassnode shows, the Bitcoin LTHs have been reducing their supply recently. This latest wave of selling from the LTHs isn’t their first for the cycle. As is apparent in the graph, these HODLers sold into both the 2024 rallies as well. In between these selloffs, their supply was rising with significant speed. Something to note is that while LTH selling is instantly registered in the chart, the same isn’t true for buying. When the LTH supply grows, it doesn’t mean any accumulation is happening in the present. Rather, what it implies is that some coins were bought five months ago, which have now been held long enough to clear the LTH threshold. The last wave of coin maturation into the LTH cohort peaked in mid-2025. Since then, the group has been shedding coins at a variable rate. The latest trend has clearly been that of acceleration, as the below chart visualizes. The accelerating wave of distribution from the LTHs has arrived as Bitcoin has been suffering from bearish momentum. It’s possible that some of the HODLers are thinking this could be their last chance to take profits, so they have decided to exit. Related Reading: Chainlink’s Next Major Move Comes After This Range, Analyst Says During the last few days, BTC was trying to hold above $100,000 in the face of this selloff, but the asset appears to have buckled during the past day as its price has breached under the mark. Historically, bull markets have sustained so long as fresh demand has kept coming in to absorb the selling from the diamond hands, so it remains to be seen whether the price plunge will be met with an injection of demand, or if this selling will lead into an extended bearish phase for Bitcoin. BTC Price At the time of writing, Bitcoin is floating around $98,500, down 3% over the last 24 hours. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Acting FDIC Chair Travis Hill said the agency is also working on a regime for stablecoin issuance and expects to issue a proposal for an application process by the end of year.