Bitcoin Magazine Bitcoin Price Teeters at $85,000 as Analysts Eye a Crash to $75,000 The bitcoin price stumbled into December with fresh volatility, plunging 8% early Monday to the mid-$84,000s before clawing back toward $85,456 at the time of writing. The world’s largest digital asset is now teetering at a key $85,000 level — a […]

Bitcoin Magazine Elon Musk Calls Bitcoin a ‘Fundamental’ And ‘Physics-Based Currency’ Tesla and SpaceX CEO Elon Musk has reignited some discussion around Bitcoin, describing it as a “fundamental physics-based currency” grounded in energy.  Speaking on a recent podcast with Nikhil Kamath, Musk emphasized that Bitcoin’s value is tied to real-world energy expenditure, highlighting a distinction

Bitcoin Magazine Bitcoin’s November Red Candle Signals Bearish MACD Cross, Eyes $75,000 Test Bitcoin Price Weekly Outlook Bitcoin price managed to put in a green candle on the weekly close, finally, but it wasn’t enough to hold off the bears as the price dropped sharply right after the weekly and monthly close on Sunday night.

Bitcoin Magazine Why Bitcoin Price Top Indicators Failed This Cycle Bitcoin price’s most popular top-calling indicators failed to trigger during the latest bull market, leaving observers questioning whether the underlying data is now broken. This analysis examines several widely used tools, explores why they underperformed this cycle, and outlines how they can be adapted to

Bitcoin Magazine Strategy ($MSTR) Creates $1.44 Billion Reserve to Calm Fears of Bitcoin Sell-Off Strategy ($MSTR) announced Monday that it has created a $1.44 billion U.S. dollar reserve to safeguard future dividend and interest payments, a move aimed at calming investor concerns that the world’s largest corporate Bitcoin holder might eventually need to sell a

Bitcoin Magazine DMND Pool Now Open To All Miners, With SOC 2 Compliance and Stratum V2 Support DMND, a new mining pool built around Stratum V2 which began taking applicants for a soft private launch earlier this year, is now open for all miners to create accounts. Miners can register here to begin onboarding.  DMND’s

Bitcoin Magazine El Salvador Partners with Simple Proof to Timestamp Government Documents on Bitcoin Blockchain Simple Proof, the bitcoin-based document timestamping company, recently announced official partnerships with El Salvador’s Ministry of Foreign Affairs and Ministry of Environment to protect government records using the Bitcoin blockchain technology. The announcement was made during the Bitcoin Histórico conference

Bitcoin Magazine Bitcoin Price Skyrockets Past $90,000 as BlackRock and JPMorgan Deepen Bitcoin Bets Bitcoin price ripped higher above $90,000 on Wednesday, extending a sharp rally fueled by accelerating institutional demand and a new wave of Wall Street–engineered crypto products.  The surge followed fresh disclosures showing BlackRock increasing its exposure to its own spot Bitcoin

Bitcoin Magazine Texas Becomes First U.S. State to Buy $10M of BlackRock’s Spot Bitcoin ETF On November 20, Texas became the first U.S. state to buy Bitcoin for its Strategic Reserve, acquiring $10 million at roughly $87,000 per BTC, according to Lee Bratcher, President of the Texas Blockchain Council. The purchase was made through BlackRock’s

Bitcoin Magazine Polymarket Receives Approval From CFTC For Official U.S. Return Polymarket, the world’s largest crypto-based prediction market, announced today that the U.S. Commodity Futures Trading Commission (CFTC) has issued an Amended Order of Designation.  The approval allows Polymarket to operate an intermediated trading platform under the full set of federal rules for U.S. exchanges.