Bitcoin’s whitepaper will pass its 17th anniversary tomorrow, and Satoshi Nakamoto’s wallets are hemorrhaging. During the last day, his total holdings have fallen by over $5 billion. The price of BTC has been suffering as retail and institutional investors lose confidence. We’re in an uncertain moment, but symbols like this could further encourage community bearishness.
Bitcoin price continued its slide through much of Thursday, dipping to as low as $106,290 as traders digested a wave of macro uncertainty — from Federal Reserve Chair Jerome Powell’s cautious tone on future rate cuts to renewed volatility following U.S.–China trade talks. The bitcoin price fell over 3% in early trading before stabilizing slightly
Coinbase (COIN) posted a stronger-than-expected third quarter, driven by a surge in trading activity, a rebound in asset prices and continued growth in its subscription and services business. The U.S.-based exchange reported total revenue of $1.9 billion, a 58% jump from $1.2 billion in the same period last year. Shares were up 3% in post-market
Key Takeaways Kalshi now supports native USDC deposits on Base, an Ethereum layer-2 network. This move broadens Kalshi’s crypto deposit capabilities beyond its previous network integrations. Kalshi, a regulated prediction market platform, today added native support for USDC deposits on Base, the Ethereum layer-2 network. The integration expands Kalshi’s blockchain deposit capabilities beyond its existing
Key Takeaways Shekel partnered with Symphonyio to launch V2 no-code trading agents. The agents integrate with major platforms like Hyperliquid and Gains Network. Shekel announced a strategic partnership with Symphonyio to launch its V2 trading agents, marking a major upgrade to its agentic trading framework. We are pleased to announce a strategic partnership with @Symphonyio!
BTC.b, the established BTC asset is transitioning to Lombard’s architecture and product suite, enabling multi-chain expansion and deeper DeFi integrations. Your tokens, balances, and integrations remain unchanged. No action required from holders, and optional actions for protocols. Overview BTC.b has been a cornerstone of Avalanche DeFi since 2022, with ~$550M in circulation and deep integrations
This is a segment from The Breakdown newsletter. To read full editions, subscribe. Fiat money was invented in colonial America, and to convince people it had value, the colonies that issued it periodically lit their tax revenue on fire. Paper money dates to 11th-century China, but historian Dror Goldberg argues that fiat — money valued
Jurrien Timmer, director of global macro at financial giant Fidelity, has opined that Bitcoin-sensitive equities and gold miners are both competing to be the best performer of the year. Both groups of stocks have secured extremely impressive gains that surpass 150%, meaning that they are very distinct risk assets. Meanwhile, physical gold and meme stocks
Summary Following the Fed’s 25 basis point rate decrease to 4.00%, the Bitcoin price is consolidating around $109,000. Traders watch to see if post-halving momentum can be restored by looser monetary policy and ETF flows. Resistance is at $115K–$118K, while key support is around $108K–$110K. A decline toward $102K–$105K might be triggered by losing $108K–$110K