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Bitcoin has entered one of its most critical phases of the year as intense selling pressure briefly pushed the price below the $90,000 level, shaking market confidence and triggering widespread fear. Bears argue this breakdown marks the beginning of a deeper bearish cycle, with liquidity worsening and risk sentiment collapsing across global markets.

Yet, despite the growing bear-market narrative, major players are signaling the opposite — long-term conviction. According to Lookonchain, El Salvador is aggressively buying the dip, reinforcing its commitment to Bitcoin even as volatility surges. Beyond its ongoing program of purchasing 1 BTC per day, the government executed a significant buy just a few hours ago, adding 1,090.19 BTC worth approximately $101 million to its holdings. This unexpected accumulation stands in stark contrast to the broader market panic.

While retail sentiment remains fearful, moves like this highlight the growing divide between short-term traders reacting to price swings and strategic buyers focusing on long-term value. As Bitcoin hovers near key support levels, the market now faces a defining moment: capitulation or accumulation.

El Salvador’s Bold Move Amid Panic

El Salvador’s unexpected Bitcoin purchase has added a dramatic twist to an already tense market environment. President Nayib Bukele shared a screenshot of the transaction and BTC holdings (7,474.37 BTC) on X, accompanied by a simple but telling caption: “Woa.”

The message, brief yet powerful, instantly captured the attention of the crypto community. At a moment when fear is dominating sentiment and traders are scrambling for safety, Bukele’s reaction reflects a markedly different mindset — one grounded in conviction rather than panic.

With Bitcoin breaking below $90,000 earlier today, many market participants interpreted the move as confirmation of a looming bear market. Liquidations surged, volatility spiked, and social sentiment hit extremes not seen since earlier corrections this year.

Strong hands — long-term investors, sovereign entities, and institutional accumulators — are increasingly framing the recent pullback as a strategic entry point. This stands in stark contrast to short-term traders capitulating under pressure. Historically, such divergences have marked pivotal cycle moments where distribution flips to accumulation.

Bitcoin Price Analysis: A Critical Breakdown Near Multi-Month Lows

Bitcoin’s latest price action shows a sharp deterioration in market structure, with BTC now trading near $91,000 after a steep rejection from the $110K–$115K region. The chart reflects a clear loss of momentum: lower highs, accelerating sell volume, and a decisive breakdown below the key 200-day moving average, a level that had acted as macro support throughout most of 2025.

The most concerning signal is the clean break under $95K, a zone that previously served as a strong demand region during multiple pullbacks. Losing this level has opened the door to deeper downside, and BTC is now testing the next critical support area between $88K and $90K, marked by the 300-day MA and prior consolidation structure from early 2025.

Volume has spiked on the sell-off, confirming that this is not a low-liquidity dip but a broad risk-off move. The pattern resembles a cascading liquidation event, with consecutive long squeezes intensifying the decline.

Despite the bearish pressure, BTC remains above the broader bull-market base structure formed around $80K–$85K, meaning the macro trend isn’t fully broken yet. Still, bulls must reclaim $95K quickly to prevent momentum from slipping further.

Featured image from ChatGPT, chart from TradingView.com

The Ethereum price has plummeted below the critical $3,000 level as the broader cryptocurrency market experiences an intense sell-off, triggering renewed uncertainty among traders.

ETH is currently trading around $3,067, marking a 23% decline over the past month and signaling one of its steepest corrections of 2025.

Long-Term Holders Accumulate, But Pressure Mounts

Despite the sharp correction, on-chain data shows long-term Ethereum holders are doubling down. According to CryptoQuant, Ethereum is trading roughly 8% above the Accumulation Addresses Realized Price, a metric that tracks the cost basis of seasoned holders.

These investors have added 17 million ETH in 2025, increasing their total holdings from 10 million to over 27 million coins, suggesting deep conviction even as markets wobble.

However, the selling pressure across exchanges remains intense. More than 164,000 traders were liquidated in 24 hours, with total liquidations nearing $900 million.

Ethereum price also entered a major liquidation zone between $2,900 and $3,000, amplifying volatility. Outflows from Ethereum ETFs also surged, with over $728 million withdrawn in a week, further weakening sentiment.

Adding to market anxiety, high-profile crypto figure Arthur Hayes reportedly offloaded 1,480 ETH, sparking speculation that influential traders may be bracing for a deeper downside.

Ethereum Price Technical Levels Signal Caution

From a technical perspective, the Ethereum price structure remains fragile. The asset is trading below the 100-hourly SMA and struggling to reclaim the 50-week moving average, which now acts as resistance. A bearish trend line has formed near $3,150, with additional hurdles at $3,260 and $3,350.

On the downside, immediate support lies at $2,950, followed by a stronger floor at $2,880. A break below this region could open the path toward $2,750 or even $2,680 levels, which analysts warn could trigger broader market contagion.

Is a Recovery Still Possible?

Even amid the chaos, some analysts remain optimistic. Fundstrat’s Tom Lee insists ETH may be bottoming, projecting a potential rally toward $7,000 within 45 days, fueled by the upcoming Fusaka network upgrade, booming stablecoin activity, and growing institutional interest.

For now, the Ethereum price remains caught between strong long-term accumulation and escalating short-term selling pressure. Whether bulls reclaim the $3,150 resistance, or bears push ETH toward fresh lows, will likely hinge on macroeconomic data and Bitcoin’s next major move.

Cover image from ChatGPT, ETHUSD chart from Tradingview

Mamy wieczór 18 listopada, a Zcash sięga właśnie 2275 zł. Przez niecałe dwa miesiące projekt urósł o 1000%, gdy szeroki rynek krypt wciąż szuka stabilnego punktu odbicia w kryzysie.

Taka rozbieżność zawsze przyciąga uwagę traderów, szczególnie tych, którzy śledzą rotację kapitału w sektorach o podwyższonej zmienności. Nowy impuls na ZEC pojawił się w momencie, gdy dominujące projekty notowały wyraźne cofnięcia, co samo w sobie jest rzadkim sygnałem siły.

ZEC odbija, gdy sentyment pozostaje chłodny

Ostatnie dane rynkowe pokazują, że Zcash wystrzelił do najwyższych poziomów od czterech lat, aktualnie jego cena oscyluje wokół 2280 zł. Ostatni raz token osiągnął taką cenę w 2018 roku.

Według wykresu CoinMarketCap kurs ZEC osiągnął lokalny szczyt w trakcie turbulencji na rynku. Potwierdza to, że kapitał spekulacyjny szuka selektywnych okazji w projektach o wysokiej asymetrii.

Ta zmiana ma znaczenie dla inwestorów, bo wskazuje, że segment prywatności wciąż ma swoją niszę i potrafi bronić się w okresach podwyższonej niepewności.

Oczekiwania dotyczące rozwoju technologii prywatności znów stają się realnym tematem rozmów na rynku. Wzrost zainteresowania narzędziami chroniącymi tożsamość użytkowników nie jest nowy. Aktualny trend pokazuje jednak, że projekty takie jak ZEC nadal są postrzegane jako kryptowaluty, w które warto zainwestować w okresach dywersyfikacji, co pokazał 1000% wzrost w trakcie niespełna dwóch miesięcy.

Struktura rynku sprzyja aktywom defensywnym

Zachowanie Zcash w ostatnich tygodniach wpisuje się w klasyczny scenariusz rotacji. Kiedy główne indeksy krypto szukają fundamentu, część inwestorów przenosi kapitał do tokenów o bardziej stabilnych narracjach.

ZEC od lat utrzymuje reputację projektu, który oferuje użytkownikom zaawansowaną formę prywatności, a rynek często przypomina sobie o takich rozwiązaniach w momentach napięcia.

Skok ZEC zbiegł się z rosnącą aktywnością adresów oraz ożywieniem w wolumenie. Może być to sugestia, że nie jest to jedynie krótkotrwały zryw. Momentum nadal jest ostrożne, ale struktura ruchu wygląda bardziej jak początek nowej fali spekulacji, a nie przypadkowy wystrzał w trakcie chaosu. Według niektórych inwestorów z portalu X,  Zcash pod koniec roku, może przebić kwotę 3000 zł.

Narracja prywatności wraca do obiegu

W przestrzeni krypto regularnie pojawiają się fale dyskusji dotyczących prywatności. W momentach, gdy regulatorzy zacieśniają kontrolę, a dane użytkowników stają się coraz bardziej towarem, tokeny oparte na anonimowości odzyskują na znaczeniu.

Taki cykl widać właśnie teraz. ZEC korzysta z tego kontekstu, ponieważ od początku projektu funkcjonuje jako narzędzie, które daje użytkownikom pełną kontrolę nad tym, co udostępniają.

Niektóre tokeny mogą dynamicznie rosnąć mimo słabszych warunków makro. Zcash znakomicie wpisuje się w tę charakterystykę, bo jego wzrost nie wynika z impulsu zewnętrznego, lecz odnowionego zainteresowania fundamentalną funkcjonalnością.

Wybory inwestorów przesuwają się w stronę defensywnych trendów

Dla traderów śledzących rotacje ryzyka ZEC może służyć jako wskaźnik tego, gdzie na rynku pojawia się zysk za stabilniejszą narrację. W takich momentach wielu inwestorów przygląda się nie tylko aktualnym wystrzałom, ale też projektom we wczesnych fazach, które oferują przejrzystą tokenomikę i rozwijające się ekosystemy. Nie chodzi o wybór pomiędzy narracją prywatności a nowymi tokenami, lecz o rozsądne równoważenie portfela.

To właśnie tutaj pojawia się miejsce na wzmiankę o przedsprzedaży Best Wallet Token. Projekt przyciąga uwagę części rynku ze względu na narzędzia związane z zarządzaniem aktywami oraz transparentną dokumentację.

Jego przedsprzedaż zebrała ponad 17 milionów dolarów, co w obecnym klimacie świadczy o tym, że inwestorzy nadal są gotowi sfinansować produkty infrastrukturalne, jeśli ich koncepcja jest jasna. Wysokie nagrody za staking, które sięgają 76 procent, sugerują wczesny etap rozwoju z naciskiem na zachętę użytkowników, a nie gotowy model długoterminowy.

Cena tokena Best Wallet wynosząca 0.025965 dolara pozostaje niska jak na projekt infrastrukturalny, choć oczywiście nie stanowi to rekomendacji inwestycyjnej.

Informacje o BWT przypominają, że rynek szuka projektów, które mogą wzmacniać narzędzia do obsługi portfela w okresach większej zmienności. Część inwestorów traktuje takie inicjatywy jako wsparcie dla własnej strategii zarządzania kapitałem, niezależnie od tego, jak nabyć kryptowaluty i gdzie je później przechowywać.

ZEC jako barometr niepokoju

Wzrost ZEC zawsze można traktować jako pewnego rodzaju barometr napięcia na rynku. Choć prywatność nie jest tak modna jak narracje związane z AI, warstwami drugimi czy tokenizacją aktywów, to jej powroty bywają gwałtowne. Kiedy inwestorzy czują, że rynek nie daje stabilnych sygnałów, częściej sięgają po narzędzia, które zwiększają kontrolę nad własną aktywnością w sieci.

Aktualny trend nie wskazuje na euforię. Bardziej przypomina etap, w którym kapitał szuka kierunku i sprawdza, które projekty są w stanie utrzymać wartość w trudniejszym otoczeniu. Zcash rośnie w takich momentach dlatego, że jego narracja nie wymaga hype’u. Wystarczy kapitał, który szuka schronienia w aktywach z jasno określoną funkcją.

Rynek wciąż pozostaje w fazie podwyższonej zmienności, ale reakcja ZEC pokazuje, że segment prywatności znalazł chwilowe okno siły. Dla inwestorów to sygnał, że rotacje tematyczne nadal działają, a sektor kryptowalut oferuje unikalną możliwość obserwowania tych ruchów niemal w czasie rzeczywistym.

Bitcoin’s latest pullback has not persuaded Blackbay Capital president Todd Butterfield to re-enter the market. In a fresh BTC/USD daily chart on Bitfinex, shared on X, the Wyckoff specialist reiterates: “Yes, I am still on the sidelines with#BTC. Our Wyckoff indicators are still not flashing BUY. We are new below the .382 retracement as well…”.

Wyckoff Analysis Predicts Deeper Bitcoin Price Correction

The chart covers May to 17 November 2025 and shows Bitcoin trading at $92,838. Across this period Butterfield maps a textbook Wyckoff distribution. The advance into early summer culminates in a Buying Climax (BC) just above $123,000, followed by an Automatic Reaction (AR) that establishes support slightly above $112,000. A Secondary Test (ST) revisits the BC area, confirming the white horizontal resistance band drawn around the $123,000 region.

Later, price marginally exceeds that ceiling in an Upthrust After Distribution (UTAD), before failing back into the range. Under Wyckoff logic this marks the terminal trap for late buyers and confirms that large players are distributing. Once the UTAD fades, Bitcoin breaks below the AR line in a Sign of Weakness (SOW), then produces a lower high labelled Last Point of Supply (LPSY), where a rally stalls beneath former support.

Trend metrics back the bearish structure. The 20-day simple moving average sits at $103,132.2 and the 50-day SMA at $110,033.9, both sloping downward. With spot at $92,838, BTC is decisively below both moving averages, consistent with Wyckoff’s markdown phase rather than the start of a new accumulation.

Butterfield also overlays Fibonacci retracements of the preceding uptrend. Two levels are explicitly marked: the 0.382 retracement at $95,358.1 and the 0.5 retracement at $101,257.8. Bitcoin is currently below the 0.382 line, the condition he highlights in his post as reinforcing a non-bullish stance. A small vertical bracket between current price and the 50% level visually underscores how far BTC would need to rebound to test a deeper retracement.

Below price, three proprietary Wyckoff indicators drive his decision to stay sidelined. The Wyckoff Optimism–Pessimism (Aggregate, 5) line trends steadily lower and now sits near –520.89K, signalling persistent net selling throughout the distribution. The Wyckoff Force (Aggregate, 10) indicator has rolled into negative territory at around –852.3, reflecting downside progress backed by meaningful volume, particularly on the SOW and follow-through selling.

The Wyckoff Technometer (Aggregate, 50, 38, 5), plotted as an orange oscillator, has repeatedly flagged overbought conditions above the 50 line near earlier peaks in June, July, August and October. Today it reads 40.7—below overbought yet still above the oversold band around 38. In Butterfield’s framework, that mid-range reading does not qualify as a low-risk buy zone.

At press time, BTC traded at $91,570.

Bitcoin is under severe pressure as the market slips into what many analysts now describe as a dangerous zone. The loss of the $90,000 support level — a key psychological and structural threshold — has intensified fear across the crypto landscape. Bulls, who previously defended this region throughout the year, are now losing control as price volatility accelerates and liquidity thins out.

As a result, a growing number of market commentators are beginning to call for the start of a potential bear market, arguing that the trend has shifted decisively.

Adding to the panic, new on-chain data shows an unexpected development that has further rattled investors: after eight months of inactivity, Mt. Gox has just transferred 10,423 BTC (worth roughly $936 million) to a new wallet. These movements typically precede distributions to creditors, and historically, any transfer from Mt. Gox has triggered sell-off concerns due to the amount of supply that could enter the market.

The timing couldn’t be worse. With sentiment already fragile and Bitcoin struggling to find support, the sudden appearance of nearly a billion dollars’ worth of BTC on the move has amplified uncertainty. Whether this sparks a deeper breakdown or becomes another shakeout before recovery remains the question driving today’s market narrative.

What the Mt. Gox Transfer Signals — And Why Markets Are on Edge

Historically, any on-chain movement from Mt. Gox wallets has been interpreted as a precursor to creditor distributions. Even if the coins are not immediately destined for exchanges, the possibility of that supply eventually hitting the market is enough to amplify fear — especially when Bitcoin has just lost the crucial $90K level.

Traders worry that a portion of these funds could be sold, adding tens or hundreds of millions in sell pressure at a moment when liquidity is already thin.

This stress is intensifying because the market is not only dealing with internal crypto dynamics but also major macroeconomic fractures. Japan’s economy is emerging as a pressure point, with the Yen carry trade beginning to unwind again. For years, investors borrowed cheap yen to buy higher-yielding assets, including US Treasuries and even crypto. Now, with Japan under strain and the yen strengthening, those leveraged positions are being forced to deleverage. That unwinding drains liquidity from global markets and puts indirect pressure on risk assets like Bitcoin.

Combined — Mt. Gox supply risk, lost support levels, and macro contagion — the environment is primed for elevated volatility. Whether this becomes a deeper breakdown or a capitulation bottom depends on how the market absorbs the coming days.

Weekly Chart Signals Deep Stress but Key Support Still Holding

Bitcoin’s weekly chart shows a decisive shift in market structure as BTC trades around $90,877, marking one of its sharpest multi-week declines since mid-2024. The breakdown from the $100K–$105K consolidation range pushed price directly into the weekly 50-period moving average, a level that previously acted as dynamic support during multiple pullbacks throughout the cycle.

Losing this level decisively would increase the probability of a deeper retracement toward the $85K–$88K liquidity zone, where the 100-week MA currently aligns.

Volume confirms the severity of the move: red candles have expanded significantly over the past two weeks, suggesting that sellers are in control and that forced liquidations may be accelerating the drop. However, the wick rejections near $89K indicate that buyers are still active at lower levels, absorbing a portion of the sell pressure and preventing a complete breakdown so far.

Structurally, BTC remains above its long-term 200-week moving average, but the distance is narrowing quickly. Historically, when Bitcoin enters this phase — sharp corrections into major weekly supports — it often transitions into a high-volatility environment before choosing a direction.

If bulls can defend the current region and reclaim the $95K–$98K band, momentum could stabilize. If not, the market risks revisiting deeper demand zones.

Featured image from ChatGPT, chart from TradingView.com

The Office of the Comptroller of the Currency (OCC) — the bureau responsible for regulating and supervising all national banks — has announced that US financial institutions may hold crypto assets to cover blockchain network fees.

National Banks Allowed To Manage Crypto 

In a letter released on Tuesday, the OCC stated that banks are permitted to pay network fees to facilitate activities involving digital assets, provided the banks can foresee a legitimate need for holding these currencies. 

The letter, which was signed by the Senior Deputy Comptroller and the Chief Counsel of the regulatory agency, states that a bank’s proposal to manage crypto assets on its balance sheet for the purpose of settling network fees is acceptable under current regulations.

Additionally, the OCC confirmed that national banks can hold digital assets as a principal asset for testing platforms related to crypto activities, whether these systems are developed in-house or sourced from third-party services. 

Banks To Trade Stablecoins For Payment Processing

The regulator acknowledged that requiring banks to rely on external parties for crypto assets could increase operational costs and risks, potentially deterring thorough testing of their systems.

Furthermore, national banks may borrow securities from custody customers that are ineligible for purchase for their own accounts. This permits banks to lend these securities to third parties without exposing themselves to credit risk from the customers.

The guidelines also indicate that banks are allowed to buy, sell, and issue stablecoins to facilitate payments. If a bank already possesses the operational capacity to manage the purchase, sale, and custody of digital assets in conjunction with other permissible activities, minimal additional operational hurdles are anticipated for acquiring, holding, and utilizing crypto to address network fees.

Featured image from DALL-E, chart from TradingView.com 

According to viral posts circulating on social media, a dramatic Bitcoin forecast is drawing attention this week. Bitcoin is trading around $93,700, down about 26% from its October peak of $126,200.

Reports have disclosed a November drop that brought a 15% correction earlier in the month. Short bursts above $96,000 have already faded, and at one point the price slipped below $93,000.

Bold Prediction From A High IQ Claimant

YoungHoon Kim, who has publicly claimed an IQ of 276, says Bitcoin will hit $220,000 within 45 days. Based on reports, that would mean roughly a 130% gain from current levels.

His forecast was shared in a short clip on X, where he offered no technical charts or on-chain evidence to support the jump. He did, however, pledge to donate 100% of any profits he makes from the rally to “build churches for Jesus Christ in every nation,” a motive he cited alongside his bullish view.

As World’s Highest IQ Record Holder, I expect #BITCOIN is going to $220,000 in the next 45 days.

I will use 100% of my Bitcoin profits to build churches for Jesus Christ in every nation.

“For with God nothing shall be impossible.” (Luke 1:37) https://t.co/1zVoeuxk5C pic.twitter.com/eY7RcAjx0p

— YoungHoon Kim, IQ 276 (@yhbryankimiq) November 16, 2025

Market Moves And Sentiment

Price action has been choppy. There was a quick rise to about $96,000 that failed to hold, then a retreat below $94,000. Several tries to break and stay above $100,000 have not stuck, and trader confidence has slipped.

Based on reports, some market watchers point to panic selling by short-term holders and position rotation among “OG”, or longer-term holders as drivers of this volatility.

Institutional buying and long-term holders are still present in the market, and their activity provides liquidity that some believe will support prices over time.

How This Fits Other Forecasts

Other bullish calls are being cited alongside Kim’s prediction. Fundstrat’s Tom Lee has maintained a year-end target range of $200K-$250K. A technician known as Egrag Crypto has also highlighted a $220,000 level in past commentary.

Reports show these targets overlap, but the methods behind them differ, and the timing is not always tied to the same drivers.

Technical And Practical Hurdles

Reaching $220,000 within weeks would require Bitcoin to reclaim price zones that have flipped from support into resistance.

That means buying pressure would need to outpace selling across multiple price levels. No single indicator guarantees such a sharp move, and the short-term past performance demonstrates how quickly sentiment can shift.

Featured image from The Effective Church Group, chart from TradingView

With the market struggling to regain bullish traction, Solana continues to trend downward, now hovering around the $130 price level. During this sharp pullback in SOL’s price, there has been a notable selling spree among investors, which seems to have migrated to those held in treasury reserves.

Ongoing Sell-Off Extends Into Solana Treasuries

After closing on a negative note on Monday, Solana’s ongoing bearish performance has expanded into another day. At the same time, a surprising shift in institutional sentiment and action has emerged concerning the thriving SOL treasuries narrative.

As the market wanes, one of Solana’s key treasury-backed companies has started to dump portions of its SOL holdings. OxNobler, a DeFi researcher and crypto investor, shared this change in sentiment, which is stirring fresh debate regarding the altcoin’s outlook in the short term.

Forward Industries, the largest SOL treasury company in the sector, is currently carrying out this renewed selling activity. The move comes at a time when Solana has been experiencing increased institutional attention and strong on-chain activity, making the decision to sell unexpected and should be closely monitored.

According to the researcher, Forward Industries has begun selling its over 6.8 million SOL holdings valued at a staggering $1.65 billion. OxNobler highlighted that the leading treasury company acquired SOL just 2 months ago. However, the firm is now selling off its holdings at a massive loss as the price of SOL keeps dropping.

Following this move to sell, speculations are whether this action is a strategic repositioning in the face of market volatility or a standard treasury rebalance. Such a sale from institutional investors is likely to inject a new layer of complexity into Solana’s narrative and its price trajectory in the weeks ahead.

A Hub For Seasoned Crypto Engineers

While large corporations may be dumping SOL, Vibhu, the mid-tier manager at the Solana Foundation, advocates buying the leading altcoin, predicting it could rise to the $1,000 price mark. The manager’s conviction is fueled by the network’s growing recognition and adoption by developers.

According to Vibhu, SOL is the epicenter of the most gifted network engineers, DeFi and consumer founders, and creatives in the cryptocurrency space. In addition, the only decentralized, scaled network that covers consumer goods, institutional products, and everything in between is Solana.

Vibhu calms that SOL has the best integration with onramps, exchanges, neobanks, and brokerages aside from Ethereum and Bitcoin. Unlike ETH and BTC, the network’s strategic value is based on driving unchain usage and revenues, a narrative that registers with everyday investors.

This year has been remarkable for SOL, achieving multiple milestones, which is expected to be more obvious in the upcoming months and years. Presently, Solana is half the age of Ethereum, but has the same or higher level of mindshare across the board; in other words, the slope is steeper. “There are product categories in which Solana is currently behind, and it will not remain that way forever,” Vibhu stated.

Сооснователь биржи криптодеривативов BitMex Артур Хейс (Arthur Hayes) заявил, что биткоин может упасть до $80 000, но с возвращением ликвидности на рынок способен вырасти до $250 000.

MicroStrategy, a publicly traded business intelligence company, is facing new heat as world-class economist Peter Schiff unleashes a blistering takedown of the firm’s all-in Bitcoin (BTC) bet. As the price of Bitcoin slides below key levels, Schiff has warned that MicroStrategy’s model cannot sustain itself, arguing that a critical flaw could push the company into a “death spiral.” His claims have sparked a fierce debate within the crypto community, with many outrightly dismissing his perspective as exaggerated, while others closely monitor the market as pressure intensifies. 

MicroStrategy To Face Bitcoin-Fueled Death Spiral

Schiff’s latest criticism centers on MicroStrategy’s use of preferred shares to accumulate additional Bitcoin. He argues that the company’s business model only works if income-oriented funds buy into high-yield preferred shares, yet he insists the promised yields are simply a fantasy. 

According to him, once institutional buyers realize that the returns cannot be paid out, they will exit the investment, preventing MicroStrategy from issuing more shares. In his view, this could trigger a death spiral he believes is already unfolding. 

Notably, Schiff’s warning was met with immediate frustration from crypto community members who argued that MicroStrategy does not depend on preferred shares for survival. The commenter dismissed the possibility of a death spiral, insisting that the shares are merely a tool for expanding the business intelligence company’s Bitcoin stash and are not tied to operational stability. 

Schiff fired back, saying that without the ability to produce Bitcoin yield, MicroStrategy has nothing valuable to offer investors. His remarks came at a tense moment in the market. The price of Bitcoin had fallen toward $90,000 while gold hovered near all-time highs at $4,000, reinforcing the global economist’s long-held belief that gold is superior to BTC. 

Adding more fire, he stressed that the leading cryptocurrency had crashed 40% from its record highs and pointed out that the drop looks even worse when compared to gold, which has been performing fairly well. Moreover, with the MSTR stock down more than 50% over the past six months, the timing of his verbal attack on MicroStrategy couldn’t be more perfect for the skeptic. 

MicroStrategy Faces Trouble As Stock Falls Below BTC

Co-founder of EasyA, Don Kwok has highlighted a major risk with MicroStrategy’s stock trading below Net Asset Value (NAV). This means that the company’s market cap is lower than the value of its Bitcoin holdings. Historically, no treasury company has stayed below NAV for long without consequences.

Kwok explained that MicroStrategy’s business model works only if MSTR trades at a premium NAV. When it falls below, issuing new shares dilutes shareholder exposure because the company gives away more ownership that it receives in Bitcoin. He warned that if the stock continues to decline, it could lead to further losses, potentially increasing market volatility.

Crypto exchange Binance has announced that BlackRock’s tokenized fund, BUIDL, will now be accepted as collateral on the platform. This comes as the tokenized fund expands to the BNB chain, a move welcomed by the exchange’s former CEO, Changpeng Zhao. 

What The Binance Partnership With BlackRock’s BUIDL Means

Binance has partnered with BlackRock’s BUIDL to expand its collateral offerings for institutional off-exchange settlement services, Binance Banking Triparty, and MirrorRSV. The exchange has now added support for BUIDL, which is a tokenized short-term U.S. Treasury fund. The exchange explained that its Banking Triparty is a custodial solution designed for institutions that separates asset custody from trading execution. 

With this, users can trade on the crypto platform by pledging fiat or fiat-equivalent collateral such as BlackRock’s BUIDL, which a regulated third-party banking partner will hold. Meanwhile, the crypto exchange also explained that MirrorRSV is an off-exchange custody solution provided by Ceffu, its institutional crypto custody partner. 

MirrorRSV allows users to trade on Binance while the assets remain in segregated cold wallets and can be verified on-chain. The exchange noted that this gives institutions enhanced transparency and auditability while retaining access to the exchange’s liquidity. This move is expected to boost institutional crypto adoption, as these options are meant to provide easy access to the crypto space. 

Binance also announced that BlackRock’s BUIDL will launch on the BNB Chain, further enhancing access and interoperability across on-chain applications. The tokenized fund is already supported on the Ethereum, Solana, Avalanche, and Aptos networks. The fund is also available on Ethereum layer-2 networks such as Polygon, Arbitrum, and Optimism. 

Binance co-founder Changpeng “CZ” Zhao commented on BlackRock BUIDL’s partnership with Binance and its launch on BNB. He welcomed BlackRock, the world’s largest asset manager, to the crypto platform and the BNB Chain, noting that BlackRock manages $13 trillion in assets under management (AUM), making the deal a major one for crypto. Notably, Franklin Templeton, which has $1.53 trillion in AUM, also recently launched its tokenization platform, BENJI, on BNB. 

Features Of The BUIDL Integration

Binance stated that through the BlackRock BUIDL integration, its institutional users can now hold the tokenized fund off-exchange with Ceffu and Binance’s regulated, third-party banking partners. That way, they will be able to earn yield on their collateral while also trading on the crypto exchange. The crypto exchange added that this move will effectively address user needs, enable confident scaling of allocations, and ensure regulatory compliance. 

BlackRock’s BUIDL joins other supported yield-bearing assets on Binance, which include USYC and cUSDO, which were integrated earlier this year. Crypto pundit Coachty noted that the partnership is TradFi-crypto convergence in real time. He added that BUIDL is becoming the go-to institutional asset in the tokenization boom and that the flow of capital into on-chain RWAs is only getting started.

Британская Королевская прокурорская служба (CPS) намерена взыскать 4,1 млн фунтов стерлингов (около $5,4 млн) в криптовалюте с 26-летнего Джозефа Джеймса О’Коннора (Joseph James O’Connor), осужденного за взлом аккаунтов шестерых политиков и селебрити в соцсети Х.

Комиссия по ценным бумагам и биржам США (SEC) заявила, что не запланировала на 2026 год проверок деятельности криптокомпаний.

Швейцарский криптобанк Amina сообщил, что получил одобрение Комиссии по ценным бумагам и фьючерсам Гонконга (SFC) на оказание юрлицам услуг по хранению и торговле криптовалютами.

Quick Facts:

• The Dogecoin vs Bitcoin debate underscores a clash between long-term stability and high-risk, community-led speculation.
• Retail traders continue to hunt for low-cap tokens capable of delivering explosive growth reminiscent of Dogecoin’s early cycles.
• Stealing the spotlight from both $BTC and $DOGE, Maxi Doge introduces a utility-backed model built on competitive trading events and collective rewards.

The long-running Dogecoin vs Bitcoin conversation has always split the crypto world into two distinct camps.

For years, investors have weighed the differences between these philosophies, comparing Bitcoin’s slow-and-steady resilience with Dogecoin’s capacity for dramatic upside.

Bitcoin sits atop the market as digital gold: scarce, secure, and designed for long-term value preservation.

Dogecoin, created as a joke, evolved into a symbol of internet culture, fueled by community enthusiasm and viral momentum.

This rivalry reflects a deeper tension within the market.

• Bitcoin offers stability, but its price point feels out of reach for smaller traders looking for monumental gains.
• Dogecoin once filled that void, as its early cycles delivered extraordinary returns. But its current size makes massive surges increasingly difficult.

Recently, Bitcoin just gave the market a scary signal, a ‘Death Cross’ (where the 50-day moving average dips below the 200-day one). This hasn’t happened since 2021, and historically, it puts some serious pressure on the whole crypto space.

Dogecoin ($DOGE) saw a quick spike to $0.162, but then late-session selling basically wiped out those gains. The big takeaway? $DOGE is still super sensitive to whatever Bitcoin is doing.

Traders are constantly scanning the horizon for the next crypto to explode: something culturally strong and priced low enough to deliver those once-in-a-cycle gains.

That search has brought attention to new entrants that blend the excitement of early meme coins with modern utility.

One of the most talked-about contenders, Maxi Doge ($MAXI), is shaping its identity around a “1000x leverage” mindset, pulling from high-adrenaline trading culture and layering it with community rewards.

It marks a shift in the meme coin landscape, moving away from simple jokes and toward fully built ecosystems designed for ambitious participants.

Maxi Doge Forges a New High-Leverage Trading Culture

Maxi Doge ($MAXI) is Doge’s bulky cousin, meant to represent the strength needed to thrive in a volatile market. His mantra, ‘never skip leg day, never skip a pump,’ speaks to traders who see the market as a place to sharpen both financial instincts and discipline.

Retail traders often struggle to match the confidence and capital of whales; Maxi Doge addresses that gap by cultivating a collective identity, backed by competitions and incentives that reward conviction.

Maxi Doge also intentionally leans into the high-risk, high-reward mentality that defines leverage trading. Its ‘Leverage King Culture’ serves as the backbone of its brand, as a framework through which the entire project operates.

The core philosophy of lift, trade, repeat mirrors the discipline required in fitness and in trading, creating a thematic bridge between the two worlds.

In other words, the project brilliantly turns individual ambition into a coordinated movement, which makes it one of the best meme coins to buy now.

This approach is clearly striking a chord. Maxi Doge’s presale has already surpassed $4 million, indicating strong early belief in its mission.

Visit the Maxi Doge ($MAXI) presale for a closer look at the project.

Could $MAXI be the Next Meme Coin to Explode?

This fusion of meme-driven branding and engagement tools positions Maxi Doge as a fresh force in the Dogecoin vs Bitcoin conversation. It maintains the fun and virality of a meme coin while adding structure, incentives, and community tools.

As part of boosting engagement, Maxi Doge will organize holder-exclusive trading competitions with real rewards, complete with leaderboards that encourage participation and growth.

Another major component is the staking program. Holders can lock up $MAXI to earn attractive passive income, currently at 76% APY.

And at the center of Maxi Doge’s sustainable meme coin model is the Maxi Fund – a treasury dedicated to maintaining liquidity, supporting partnerships, and fueling marketing campaigns.

Together, these features present a compelling alternative for traders navigating the Dogecoin vs Bitcoin divide. So it wouldn’t be surprising to see $MAXI explode, as explained in our price forecasts for 2025, 2026, and 2030.

Built on the Ethereum network, Maxi Doge uses an ERC-20 smart contract for supply management and reward distribution. For detailed presale instructions, read our ‘How to Buy Maxi Doge’ guide.

Since $MAXI has successfully passed smart contract audits by Coinsult and Solidproof, it significantly reduces the typical early-stage risks of code exploits or scam-related vulnerabilities.

Join the $MAXI presale today for $0.0002685. But hurry, as a price increase is looming.

This article is for informational purposes only and should not be considered financial advice. Please conduct your own research before investing in any cryptocurrency.

Authored by Bogdan Patru for Bitcoinist — https://bitcoinist.com/dogecoin-vs-bitcoin-maxi-doge-presale-challenger

I dati rivelano che la maggior parte delle aziende con tesoreria in Ethereum stanno attualmente scambiando al di sotto del loro mNAV, a dimostrazione dell’impatto dell’ultimo crollo del prezzo. Ma cerchiamo di comprendere al meglio la situazione. Tanto per cominciare il termine mNAV sta per “Multiple of Net Asset Value”, ed è un rapporto che confronta il valore dell’azienda sul mercato con il valore delle criptovalute che possiede. Quando un’azienda ha un mNAV maggiore di uno significa sostanzialmente che questa vale più delle sue riserve in crypto, e che gli investitori vedono un modello di business sostenibile e promettente.

Le Aziende con Tesoreria in Ethereum Sono in Difficoltà

In un nuovo thread su X, Charles Edwards, fondatore di Capriole Investments, ha discusso alcune metriche relative alle aziende che detengono Ethereum in tesoreria. Una “treasury firm” è una società quotata che ha adottato un asset digitale come Bitcoin o Ethereum come strategia di riserva.

L’idea è stata resa popolare dalla strategia di Michael Saylor (ex MicroStrategy), che nel 2020 ha scelto di diventare una società con riserva in BTC. Da allora, è cresciuta fino a diventare di gran lunga il più grande detentore aziendale di asset digitali, con un investimento enorme di 47,54 miliardi di dollari.

In passato, le aziende vedevano solo Bitcoin come un asset di riserva praticabile, ma quest’anno si è registrato un aumento dei detentori di ETH, la criptovaluta al secondo posto per capitalizzazione.

La “frenesia” delle aziende verso Ethereum ha raggiunto il picco in agosto, ma da allora il ritmo di crescita ha mostrato un rallentamento, come evidenziato dal grafico condiviso da Edwards.

Acquisti Istituzionali di Ethereum

Dal grafico è chiaro che il tasso di variazione delle tesorerie ETH resta positivo nonostante il rallentamento, suggerendo che le aziende continuano ad accumulare. Ciò significa che, nonostante i recenti deflussi dagli ETF spot, gli acquisti istituzionali restano superiori – anche se di poco – alla crescita dell’offerta della criptovaluta.

Il Modello di Business delle Tesorerie ETH Non Sta Funzionando per Molte Aziende

Come sottolinea l’analista, la maggior parte delle aziende ha un valore mNAV inferiore a 1. Come abbiamo già spiegato, il mNAV è una metrica che confronta la capitalizzazione di mercato di un’azienda con il valore totale dei suoi asset di riserva. Un valore inferiore a 1 implica che la valutazione della società è inferiore al valore delle sue riserve.

Attualmente, circa il 64,3% delle aziende con tesoreria in Ethereum si trova in questa condizione, ergo il mercato non crede molto nella sostenibilità di queste società. Una sostenibilità resa sempre più precaria in una condizione di difficoltà di ETH.

Edwards spiega:

“Ciò significa che il quadro delle aziende con tesoreria in ETH è molto più debole rispetto a quello di Bitcoin.”

Chiaramente, le tesorerie ETH stanno affrontando pressioni. Ma qualcuna sta vendendo? I dati suggeriscono che la maggior parte non lo sta facendo, poiché il rapporto netto acquisti/vendite rimane solido.

Sebbene quasi tutti i detentori corporate di Ethereum siano ancora acquirenti netti, il rapporto buy/sell ha iniziato a scendere mentre il prezzo dell’asset sta vivendo un periodo ribassista. Attualmente ETH è scambiato per circa 3.000 dollari, in un mese ha perso circa il 21% del proprio valore.

Quick Facts:

• 1️⃣ Kazakhstan is clarifying its crypto rules, creating a friendlier environment for regulated mining and digital-asset activity.
• 2️⃣Crypto assets can now circulate across Kazakhstan, no longer restricted to the Astana International Financial Center (AIFC).
• 3️⃣ PEPENODE introduces a hardware-free mine-to-earn structure that lets users access mining-style rewards through virtual nodes instead of rigs, making the experience accessible to retail users priced out of traditional mining

The regulatory environment in the Central Asian crypto mining hub, Kazakhstan, is shifting from a grey area to an increasingly structured one. Recent reforms give clearer legal footing for digital-asset mining, exchange activity, and tokens.

A recent amendments bill vastly expands the range of options for crypto miners and users within the country. Essentially, Kazakhstan is giving a green light to crypto mining and moving the crypto industry a bit more into the limelight.

The new law:

• Expands circulation
• Allows mining by both individuals and entities
• Permits mined crypto to be traded on more exchanges

Kazakhstan’s move also sends a signal to the rest of the world. As jurisdictions like Kazakhstan upgrade their frameworks, projects that lean on real-world utility or scalable models (rather than pure hype) may benefit.

Against that backdrop enters PEPENODE ($PEPENODE), a meme-coin presale combining gamified ‘mining’ mechanics with virtual nodes, built on the premise of lowering entry-barriers for everyday miners.

PEPENODE ($PEPENODE) – Meme-Coin Momentum with Innovative Mine-to-Earn Mechanism

PepeNode proposes a novel ‘mine-to-earn’ structure: rather than acquiring expensive rigs or relying on intense energy consumption, users purchase virtual mining nodes inside a gamified dashboard. The node upgrades, leaderboard mechanics, and reward system aim to replicate mining engagement minus the hardware burden.

In addition to generating earnings in $PEPENODE itself, the mine-to-earn play includes rewards in market-leading meme coins, such as $PEPE and $FARTCOIN.

Presale highlights include:

• $0.0011546 token price
• $2.1M presale raise
• 596% staking rewards during the presale
• 210B token supply

With low-barrier access to a mining-style experience, a catchy meme narrative, and early-stage entry with presale pricing, PEPENODE brings all the benefits of mining to the meme coin sector, but without the real-world costs of intensive equipment.

Kazakhstan, PEPENODE Usher in New Mining Era

Mining barriers, including cost, hardware, and electricity, have pushed many retail users out of traditional crypto mining. That forces them to new frontiers, like Kazakhstan, or to innovative models where participation can be virtualised or abstracted. That’s precisely where $PEPENODE comes in.

In the meantime, there’s another trend emerging. Meme coins have matured beyond pure jokes. Projects integrating game-mechanics, community engagement, and reward loops are earning more serious attention.

That trend supports our PEPENODE price prediction, which shows $PEPENODE climbing from its current price to $0.0072 by the end of 2026. That represents 523% gains if you bought at today’s $0.0011546 token price.

Our prediction highlights the potential for the project to fit in perfectly with growing regulatory clarity (as in Kazakhstan). The trend signals that some jurisdictions are moving from the ‘wild west’ to more structured regimes.

That creates both headwinds, with more oversight, and opportunities; legitimate mining and regulated frameworks. For participants, that means paying attention not just to token mechanics but to jurisdiction, compliance, and roadmap fulfilment.

Any positive regulatory narrative tends to bolster confidence. Kazakhstan’s evolving crypto laws and mining-friendly yet regulated posture provide a contextual tailwind for mining-adjacent concepts.

Within an increasingly pro-mining context, don’t miss $PEPENODE’s mine-to-earn opportunity.

Please remember to do your own research. This article is for information purposes only.

Authored by Bogdan Patru for Bitcoinist — https://bitcoinist.com/kazakhstan-expands-crypto-mining-framework-setting-up-pepenode

Аналитики брокерской компании Bernstein предположили, что падение биткоина на 25% от его октябрьского исторического пика $126 000 является лишь краткосрочной коррекцией цены, не предвещая серьезного спада крипторынка.

Инвестиционная компания VanEck запустила на канадской бирже CBOE торги бумагами фонда VanEck Solana ETF (VSOL), привязанного к курсу криптовалюты SOL. Новый биржевой фонд предлагает вознаграждения за стейкинг и, временно, нулевую комиссию.

В работе крупного глобального хостинг-провайдера Cloudflare произошел масштабный сбой. Из-за сбоя перестали работать в том числе некоторые крупные криптосервисы и интернет-проекты, связанные с цифровыми активами.