Tag: bitcoin
Bitcoin Benefits the US Dollar and Counters Inflation and Deficit Spending, Says Coinbase CEO Brian Armstrong
The post Bitcoin Benefits the US Dollar and Counters Inflation and Deficit Spending, Says Coinbase CEO Brian Armstrong appeared com. COINOTAG News reports on December 29 that Coinbase CEO Brian Armstrong argues that Bitcoin can be beneficial to the US dollar and may serve as a counterweight to inflation and deficit spending. He suggests that Bitcoin provides a decentralized store of value with capped supply, which could enhance a diversified macro toolkit. The stance underscores growing dialogues about whether digital assets can complement traditional currencies for institutions seeking hedges and resilience in volatile markets. Traders and policymakers should assess these claims with disciplined scrutiny, weighing Bitcoin‘s liquidity, regulatory developments, and diversification benefits as part of risk controls. The article emphasizes that digital assets may act as a complement to the US dollar rather than a replacement, encouraging institutions to integrate crypto exposure with robust governance and credible disclosure to avoid overtest assumptions. Source:.
XRP Stuns Derivatives Market With 1,447% Liquidation Imbalance
The post XRP Stuns Derivatives Market With 1, 447% Liquidaticom. XRP spent the session moving in a tight range around $2. 14-$2. 18, but the real action was not visible on the chart at all. It was buried in the liquidation feed, where the popular cryptocurrency suddenly posted one of its most distorted prints in days. According to CoinGlass, total liquidations hit $1. 32 million, but the long-versus-short breakdown told the real story: $1. 23 million flushed from longs, while shorts barely took an $85,580 hit. Liquidation cluster shows why XRP’s imbalance mattered The environment made it seem even worse. For all digital assets combined, the 12-hour total was $81. 20 million. Bitcoin was at $16. 97 million, and Ethereum was close to $10. 76 million. Smaller names like Zcash (ZEC) had seven-figure hits, but XRP’s imbalance was the only print that looked lopsided rather than just reactive to the wider sweep. You Might Also RP price. Source:.
Texas buys $5mn BTC ETF, pushes for Bitcoin reserve plan
The post Texas buys $5mn BTC ETF, pushes for Bitcoin reserve plan appeared com. The state legislation sets aside $10 million for Bitcoin accumulation. Texas is preparing a formal tender to choose a custodian for the reserve. New Hampshire authorised a Bitcoin reserve and approved a $100 million Bitcoin bond. Texas is moving ahead with one of the most ambitious state-level crypto strategies in the country as it begins shaping the framework for a government Bitcoin reserve. The state has now taken its first formal step by acquiring $5 million in shares of BlackRock’s iShares Bitcoin Trust. The purchase is part of a wider plan triggered by legislation passed earlier this year, which allocated $10 million for future Bitcoin accumulation. The early activity positions Texas to become the first US state to hold a dedicated cryptocurrency reserve, giving it a lead in a growing competition among states exploring digital asset policies. Texas builds foundation for Bitcoin reserve The state has been gathering information from the cryptocurrency industry to help design how its reserve will operate. The review began after Texas issued a request for information in September seeking guidance on best practices for storage, security, and management. Industry groups sent detailed submissions covering custody models, investment structures, governance frameworks, and security systems. The process is part of a wider effort to ensure the reserve can be managed with clear procedures once it transitions from planning to execution. Texas officials are expected to follow this phase with a formal request for proposal. The tender will be used to select a custodian and determine the final operational rules for the programme. The recent $5 million allocation acts as a temporary measure rather than direct Bitcoin ownership while the state completes its selection process, according to a CoinDesk report. States explore government crypto strategies Other states have also gained exposure to Bitcoin, though through different channels. Michigan.
MSCI Review Puts MicroStrategy at Risk Amid Bitcoin Exposure
Key Highlights: MicroStrategy might be removed by MSCI from major indices due to its Bitcoin-heavy balance sheet. JPMorgan.
Bitcoin (BTC) Price: Recovery Underway After Drop to $82,000 as Selling Pressure Decreases
The post Bitcoin November 24, 2025 Federal Reserve Rate Cut Expectations Shift Charles Edwards, founder of Capriole Fund, explained that tech stocks and crypto markets declined over the past two weeks due to.
Bitcoin price reclaims $86K with rare bullish reset sign
The post Bitcoin price reclaims $86K with rare bullish reset sign appeared com. Bitcoin price may be gearing for a rebound with a cleaner setup after prolonged leverage wipeout. Summary Bitcoin trades near $87K after a major leverage flush that cleared out excessive long positions. CryptoQuant analysts say fear, oversold readings, and reduced open interest could support a slow recovery. The chart still leans bearish with downward-sloping averages and weak momentum. Bitcoin was trading near $86, 646 at press time, up 0. 6% in the last 24 hours. The daily range sat between $85,483 and $87, 995. The coin remains down 10% over the past week after a 31% pullback from the $126,080 all-time high set on Oct. 6. Trading volume climbed to $64. 7 billion in the last 24 hours, a 46% increase, showing a short burst of activity after days of heavy selling. CoinGlass data shows that derivatives volume rose 35% to $93 billion, while open interest increased 0. 64%. Rising volume with slightly higher open interest often means traders are returning to the market after a liquidation flush, but positioning is still cautious. Open interest drop may mark price reversal A Nov. 21 analysis by CryptoQuant contributor Darkfost points to a major structural shift in derivatives. He noted that Bitcoin’s (BTC) open interest, measured in BTC, is showing its strongest 30-day drop of the entire cycle, with Binance alone losing roughly 1. 3 million BTC in open contracts. Darkfost said this type of decline “has not appeared since the 2022 bear market,” adding that the current cleanup is “far more meaningful than many traders admit.” He noted that the market had been heavily driven by leveraged positions, with total open interest reaching an all-time high near $47. 5 billion earlier in the cycle. He described the ongoing cleanup as a natural reset after a long period of speculative positioning. Another CryptoQuant analyst, gigisulivan, pointed to a drop in the.
Why 2025 ‘Bearish’ Signal Points to a Bottom, Not a Collapse?
The post Why 2025 ‘Bearish’ Signal Points to a Bottom, Not a Collapse? appeared com. Bitcoin doesn’t need a fanfare when chart signals turn. The latest sell-off, as of November 2025, pushed the Bitcoin price down over 30% from its record high, trading near $86,000 at the time of writing. In fact, Bitcoin has erased all 2025 gains, stoking talk of a deeper collapse of the BTC price and the broader crypto market. But look closer at the data, and the “Death Cross” technical pattern (when the 50-day moving average slides below the 200-day) hasn’t spelled disaster for long-term bulls. If anything, it’s a bottom signal for the Bitcoin price more often than a top. As crypto commentator ‘Ash Crypto’r points out, each time this ominous cross has appeared during an upward-sloping 200-SMA, Bitcoin rebounded fiercely, contradicting trader panic and confirming contrarian instincts. Bitcoin Price: Unpacking the Recent Death Cross The term “Death Cross” haunts traditional finance and crypto Twitter alike. In technical analysis, it signals the start of a protracted downtrend. But history with Bitcoin price is different. Since 2023, every death cross within a bullish 200-SMA marked a local trough. In September 2023, the Bitcoin price bottomed near $26,900. By August 2024, unwinding Japanese carry trades sent it to approximately $59,900, and tariff volatility in April 2025 marked a bottom just under $79,000. Today, Bitcoin’s mid-November slide tracked textbook technical progression. The cross formed, panic seized the market, and Bitcoin lurched toward critical oversold zones. That same 50/200-day crossover, now underway, comes on the heels of a sharper drop, over 30% from October highs. But unlike April’s deep correction, this one appears less severe and is progressing faster, with the market spending half as long trending lower before forming its floor. Bitwise CIO Matt Hougan told CNBC that he believed the bottom for the Bitcoin price was almost in. While he conceded that.
Bitcoin Rebounds From ‘Extreme Oversold’ Levels; XRP Jumps 7%, ZEC Surges 14%
Bitcoin and major altcoins bounced Sunday after an oversold RSI reading and more than $200M in liquidations signaled seller exhaustion amid thin weekend liquidity.
The New York Times
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