Bitcoin Magazine (News Bot)

by Bitcoin Magazine (News Bot) Dec 18, 2025 · Edited

NYSE Owner in Talks to Invest in Crypto Firm MoonPay: Report

Bitcoin Magazine NYSE Owner in Talks to Invest in Crypto Firm MoonPay: Report Intercontinental Exchange Inc. (ICE), the operator of the New York Stock Exchange, is in discussions to invest in crypto payments company MoonPay, people familiar with the matter said, per Bloomberg. The potential funding round could value MoonPay at roughly $5 billion, up from its previous $3.4 billion valuation, according to the sources, who requested anonymity due to the private nature of the talks. MoonPay, based in New York, provides infrastructure for users to buy and sell cryptocurrencies. The company recently secured a Limited Purpose Trust Charter from the New York Department of Financial Services, a move that complements its existing BitLicense and allows it to expand custody and other crypto services in the state. The combination of these regulatory approvals positions MoonPay alongside companies such as Coinbase and PayPal, which are permitted to operate under New York’s strict digital asset framework. ICE’s potential investment reflects its ongoing efforts to broaden its presence in the digital asset sector. The firm also operates Bakkt, a crypto platform, and has recently committed $2 billion to Polymarket, a prediction market platform. Analysts view these moves as part of a wider strategy by ICE to engage with emerging financial technologies. CFTC Acting Chair Caroline Pham is joining MoonPay The announcement comes amid leadership changes at MoonPay. Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), has confirmed she will join the company as chief legal officer and chief administrative officer after leaving the agency. Pham has played a key role in the CFTC’s crypto initiatives over the past year, including the “Crypto Sprint,” which aimed to clarify regulatory rules for digital assets. She also recently helped the agency withdraw guidance on the “actual delivery” of digital assets, which she described as outdated. Pham’s move underscores the company’s emphasis on compliance and regulatory expertise. CEO Ivan Soto-Wright praised her leadership at the CFTC, noting that her experience will help translate regulatory progress into practical outcomes for the company’s users and partners. Pham’s exact start date has not been confirmed, pending the confirmation of Mike Selig as CFTC chair. Earlier this year, Rumble announced an exclusive partnership with MoonPay to launch Rumble Wallet, enabling creators to manage earnings outside traditional banking. The company said the wallet will allow users to buy, sell, and swap Bitcoin and other digital assets directly on the platform, leveraging MoonPay’s infrastructure. This post NYSE Owner in Talks to Invest in Crypto Firm MoonPay: Report first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 18, 2025 · Edited

Fold Launches Nationwide Bitcoin Services Across All 50 States With BitGo

Bitcoin Magazine Fold Launches Nationwide Bitcoin Services Across All 50 States With BitGo Fold Holdings, Inc. ($FLD), a publicly traded Bitcoin financial services company, just announced that its platform is now available in all 50 U.S. states. The expansion follows a strategic partnership with BitGo Bank & Trust, which recently became one of the first digital asset companies to secure a federal bank charter from the Office of the Comptroller of the Currency (OCC). The move marks a rare milestone in U.S. consumer Bitcoin services: Fold is the first platform to operate nationwide under a single federally supervised trust framework. Previously, state-by-state licensing and regulatory barriers constrained consumer access, particularly in states like New York. With BitGo’s charter, Fold can now provide Bitcoin exchange and custody services across the entire country, including historically restrictive markets, this is according to the company’s statement shared with Bitcoin Magazine. Fold wants a ‘national framework’ for Bitcoin “BitGo B&T’s federal bank charter combined with Fold’s Bitcoin financial products gives the U.S. its first true national framework for Bitcoin access,” said CEO Will Reeves. “It replaces a patchwork of state rules with a single, regulated structure, creating a clear path forward for both companies and consumers.” Reeves emphasized that nationwide availability allows the company to scale its offerings and deliver Bitcoin products in line with federal oversight. The company’s consumer-facing products include its Bitcoin Gift Card and the upcoming Fold Bitcoin Credit Card, which will now reach previously untapped markets. BitGo provides the digital asset infrastructure through its Crypto-as-a-Service platform, enabling them to operate within a federally supervised compliance framework while continuing to innovate in rewards, payments, and custody services. “This is a meaningful moment for both BitGo B&T and Fold,” said Frank Wang, Executive Director of Fintech Sales at BitGo. “Our conversion to a federal bank charter allows us to support consumer platforms at a national level, and Fold is a natural partner in that effort. Access has been limited by geography, but with a national framework, both companies can now operate as intended — responsibly and across the entire U.S.” This partnership positions FLD to capture a wider audience while aligning consumer crypto services with federal standards. At the same time, reliance on BitGo introduces dependencies: any regulatory or operational issues at BitGo could affect the company’s nationwide offering. Fold is beginning to onboard users nationwide, the company said, with details of product availability to be shared as the rollout progresses. This post Fold Launches Nationwide Bitcoin Services Across All 50 States With BitGo first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 18, 2025 · Edited

Taiwan Reveals It Holds 210 Bitcoin Seized in Criminal Cases, Valued at $18 Million

Bitcoin Magazine Taiwan Reveals It Holds 210 Bitcoin Seized in Criminal Cases, Valued at $18 Million Taiwan’s Ministry of Justice has disclosed that the government holds more than 210 bitcoin seized through criminal investigations, placing the island among the world’s top government holders of the asset by volume. The disclosure, confirmed by legislator Ko Ju-chun, shows that judicial authorities held 210.45 BTC as of Oct. 31. At current market prices, their BTC is worth about $18 million. According to data from Bitcoin Treasuries, this would put Taiwan as the 10th-largest government holder of BTC globally. Ko said the information was released in response to a legislative inquiry and shared an image documenting the total amount held under state custody. The ministry said the bitcoin was confiscated in cases tied to financial crime and illegal digital asset activity. Back in November, Taiwan’s Premier and Central Bank reportedly agreed to study Bitcoin as a strategic reserve, draft pro-Bitcoin regulations, and pilot BTC treasury holdings, starting with seized BTC that is ‘awaiting auction.’ While many countries have accumulated BTC through enforcement actions, few have provided clear guidance on custody standards or long-term policy. Taiwan’s Ministry of Justice did not outline any plans to liquidate, auction, or convert the seized BTC into fiat currency. Officials also did not disclose where or how the BTC is custodied, or whether it is held through self-custody or third-party services. BREAKING: The Ministry of Justice has just revealed that Taiwan now holds 210.45 Bitcoin in seized assets. Another nation-state holding Bitcoin pic.twitter.com/bp6VJ90rDM — Bitcoin Magazine (@BitcoinMagazine) December 18, 2025 United States’ bitcoin holdings from seizures The United States, which leads global government BTC holdings with more than 328,000 BTC, has seized crypto linked to cybercrime and fraud cases. China and the United Kingdom rank next after the U.S. Collectively, governments worldwide hold more than 640,000 BTC, or about 3% of bitcoin’s total supply, according to public data. Most of these holdings stem from law enforcement seizures rather than formal reserve strategies. Taiwan has not announced any intention to adopt BTC as part of its national reserves. Still, the disclosure lands amid broader debates in the country over digital asset regulation and the treatment of confiscated crypto. Lawmakers have pressed agencies to clarify whether seized assets should be sold, retained, or managed under a standardized framework. The Ministry of Justice said the BTC was obtained as part of its broader effort to track and process virtual assets tied to criminal proceedings. At the time of writing, the price of Bitcoin is near $88,000. This post Taiwan Reveals It Holds 210 Bitcoin Seized in Criminal Cases, Valued at $18 Million first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 18, 2025 · Edited

KindlyMD ($NAKA) Board Announces Authorization of Share Repurchase Program

Bitcoin Magazine KindlyMD ($NAKA) Board Announces Authorization of Share Repurchase Program KindlyMD Inc., the healthcare firm operating a Bitcoin treasury through its subsidiary Nakamoto Holdings, said Wednesday its board has authorized a share repurchase program, giving management discretion to buy back stock as shares trade below the value of the company’s bitcoin holdings. The Nasdaq-listed company said it may repurchase shares through open-market purchases, privately negotiated transactions, block trades, or other legally permissible methods. Buybacks may also be executed under Rule 10b5-1 trading plans and will comply with Rule 10b-18 of the Securities Exchange Act. “This share repurchase program reflects our confidence in the long-term value of the Company and adds an important degree of flexibility to our capital allocation framework,” said David Bailey, Chairman and CEO of KindlyMD. “As shareholders ourselves, we remain focused on deploying capital with discipline and intention, balancing continued investment in our strategic priorities with actions we believe will drive durable value for all shareholders.” The authorization does not commit KindlyMD to repurchase any specific number of shares. Management will determine the timing and size of any buybacks based on market conditions, capital requirements, trading liquidity, and regulatory considerations. The board may modify, suspend, or terminate the program at any time, the company said. $NAKA, KindlyMD stock merger The move comes after a steep selloff in KindlyMD’s stock following its merger earlier this year with Nakamoto Holdings, a bitcoin-native treasury firm. Shares of KindlyMD, which trade under the ticker ‘NAKA,’ have fallen more than 95% from their peak during the bitcoin treasury company surge in the spring. Shares are currently trading near $0.37. According to the company’s public dashboard, KindlyMD holds 5,398 bitcoin on its balance sheet. At a bitcoin price near $88,000, those holdings are valued at roughly $1 billion — well above the company’s enterprise value, estimated at about $400 million. KindlyMD has positioned bitcoin as a long-term balance-sheet asset rather than a short-term trading instrument, while continuing to operate integrated healthcare clinics and data-driven care services. The share repurchase authorization adds another financial lever as the company navigates market volatility, regulatory pressure, and investor scrutiny following its rapid rise and fall in 2025. Disclosure: Nakamoto is in partnership with Bitcoin Magazine’s parent company BTC Inc to build the first global network of Bitcoin treasury companies, where BTC Inc provides certain marketing services to Nakamoto. More information on this can be found here. This post KindlyMD ($NAKA) Board Announces Authorization of Share Repurchase Program first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 18, 2025 · Edited

Bitcoin Price Briefly Pumps Above $89,000 As Cooler CPI Data Rolls In

Bitcoin Magazine Bitcoin Price Briefly Pumps Above $89,000 As Cooler CPI Data Rolls In Bitcoin briefly surged above $89,000 on Thursday as a sharply cooler-than-expected U.S. inflation report came in. At the time of writing, the bitcoin price was trading near $88,374, down roughly 2% over the past 24 hours, according to market data. The pullback leaves BTC about 2% below its recent seven-day high of $90,165 and roughly 4% above its week’s low near $85,374. Bitcoin’s market capitalization stands at approximately $1.77 trillion, with 19.96 million BTC currently in circulation. The initial rally was sparked by fresh Consumer Price Index (CPI) data from the U.S. Bureau of Labor Statistics, which showed inflation cooling faster than economists expected. Headline CPI rose 2.7% year over year in November, well below consensus expectations of around 3% and down from earlier readings. Core CPI, which strips out food and energy, fell to 2.6%—its lowest level since early 2021. The bitcoin price reacted swiftly around the time of the data, jumping from intraday lows near $86,000 to briefly challenge the psychologically important $89,000 level, according to Bitcoin Magazine pro data. The move reflected renewed optimism that easing inflation could give the Federal Reserve greater room to cut interest rates in 2026, a backdrop that has historically supported risk assets, including bitcoin. According to CME FedWatch data, odds of a rate cut by March edged higher following the release, though expectations for a January move remain muted. Bitcoin price action Still, the rally proved short-lived. The bitcoin price failed to reclaim $90,000 decisively and slipped back as the session wore on, currently sitting near $88,000. This has been a market dynamic that has become familiar in recent weeks: sharp, data-driven bursts higher followed by rapid retracements. One key headwind remains sustained outflows from the U.S.-listed spot bitcoin exchange-traded funds. After serving as a major source of demand earlier in the year, ETFs have seen steady net redemptions, removing a layer of institutional support that previously helped absorb selling pressure. Market participants say the absence of consistent ETF inflows has made it harder for bitcoin to sustain breakouts, even on positive macro news. Macro signals remain mixed beyond inflation. Earlier this week, delayed U.S. labor market data showed unemployment rising to 4.6%, its highest level since 2021, while job growth remained uneven. The data complicates the Federal Reserve’s outlook, reinforcing expectations that policymakers will proceed cautiously despite cooling inflation. Political uncertainty is also lingering in the background. President Donald Trump has publicly called for significantly lower interest rates and indicated he plans to nominate a Federal Reserve chair who supports more aggressive easing. While markets have so far treated the comments as noise, they add another variable to an already complex policy landscape. Zooming out, bitcoin’s price appears to be consolidating rather than trending. Despite remaining near record highs on a historical basis, price action has tightened, with resistance forming just below $90,000 and strong supply reported above that level from investors who accumulated during earlier rallies. Analysts at Bitwise recently released a report suggesting Bitcoin could break away from its historical four-year market cycle, potentially achieving new all-time highs in 2026 while exhibiting lower volatility and reduced correlation with equities. The Bitwise report argues that the Bitcoin price’s historical four-year cycle, tied to halvings and marked by gains followed by pullbacks, may no longer hold. The firm also challenged the long-standing criticism that BTC is too volatile for mainstream investors. According to Bitwise, BTC was less volatile than Nvidia stock throughout 2025, a comparison Hougan says underscores the asset’s ongoing maturation. Market in ‘extreme fear’ At the time of writing, the Bitcoin Fear and Greed Index sits at 17/100, signaling extreme fear among market participants. Historically, readings in this range have often coincided with undervalued market conditions, suggesting a contrarian buying opportunity for those willing to navigate the emotional volatility. Two days ago, the market sat near 11/100 despite a higher bitcoin price point. For now, bitcoin’s response to softer inflation highlights its continued sensitivity to macroeconomic data, but the inability to sustain gains above $89,000 suggests conviction remains limited. At the time of writing, the bitcoin price is $88,142. This post Bitcoin Price Briefly Pumps Above $89,000 As Cooler CPI Data Rolls In first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 18, 2025 · Edited

Ledn Publishes Industry-First Monthly Loan Book and Proof of Reserves Data

Bitcoin Magazine Ledn Publishes Industry-First Monthly Loan Book and Proof of Reserves Data Ledn, one of the world’s largest bitcoin lenders, announced its Open Book Report, a reserves transparency benchmark designed to expose the kind of risk that caused the 2022 FTX-driven crypto crash. According to a press release shared with Bitcoin Magazine, “Traditional lenders (including Citi, JPMorgan, Wells Fargo, BNY Mellon, Schwab, and Bank of America) are reportedly entering the space amid a regulatory vacuum in terms of rehypothecation practices and proof of reserves.” With the passing of the GENIUS Act, which greenlit treasury-backed stablecoins, Wall Street now has a road to service the crypto market and even upgrade its own rails and infrastructure. But there are still those who call for clearer regulatory structure for crypto counter parties, Ledn points out that “Global rules on crypto capital requirements & proof of reserves remain in flux, with the US and UK refusing to implement Basel’s proposed framework,” adding that “IOSCO is pushing regulators to hold crypto custody and lending to the standards of traditional finance, yet almost no institution has disclosed how bitcoin collateral is managed, whether it’s rehypothecated, or what happens in a liquidation scenario.” John Glover, Chief Investment Officer at Ledn and former Managing Director at Barclays, explained that “If lenders do not have to disclose how they use client collateral, the clients become the leverage. We saw what happened when BlockFi, Celsius, and Voyager operated in the dark. The difference now is that the balance sheets are bigger.” He warned that “This is how we get a 2022-style lending crisis at institutional scale.” Ledn’s Open Book Report, launched today, showcases “the industry’s longest-running Proof of Reserves,” according to the press release. The report exposes Ledn’s BTC loan book, collateral levels, and aggregate loan-to-value ratios. According to the report, the Network Firm LLP, a U.S.-based certified public accounting firm, independently audited & confirmed that 100% of collateral is held in custody. The report also reveals “$868 million in outstanding BTC-backed loans, with 18,488 BTC in collateral posted, held 100% BTC in custody; all BTC collateral is held in on-chain addresses and/or custodial accounts.” Ledn’s average loan-to-value ratio stands at 55%, an aggregate LTV well below industry liquidation thresholds. Since 2018, the company has funded “$10.2 billion in lifetime loans across 47,000 originations.” This framework looks to move the industry past one-off snapshots—starting with monthly disclosures and laying the groundwork for more continuous, real-time transparency over time. Unlike self-reported wallet addresses, Ledn’s approach combines monthly reporting on loan book metrics—including outstanding loans, collateral posted, and average LTV—with reporting from The Network Firm LLP. Ledn also maintains Proof of Reserves attestations on a semiannual basis (every two quarters), confirming that assets exceed client liabilities, with “Merkle tree methodology” enabling clients to confirm their balances were included. While some companies have announced “proof of reserves” by publishing wallet addresses, Glover argues this falls short. “True transparency requires independent reporting, regular updates, and methodologies anyone can check,” said Glover. “Clients shouldn’t have to take anyone’s word for it.” Ledn recently received a strategic investment from Tether and has an impeccable track record of protecting client assets across its loan originations, surviving the 2022 crypto lender crisis, and at least one other bear market before that. The press release warns that “as traditional financial institutions accelerate their entry into bitcoin-backed lending, Ledn’s Open Book Report establishes the baseline against which these new entrants should be held, before regulators mandate it.” This post Ledn Publishes Industry-First Monthly Loan Book and Proof of Reserves Data first appeared on Bitcoin Magazine and is written by Juan Galt.

by Bitcoin Magazine (News Bot) Dec 17, 2025 · Edited

BitGo Enables Lightning Network Payments Directly from Custody

Bitcoin Magazine BitGo Enables Lightning Network Payments Directly from Custody BitGo, a digital asset infrastructure company, announced it now offers Bitcoin Lightning Network access directly from its qualified custody platform. The move makes it one of the first companies to provide Lightning payments for institutional custody. The service aims to give clients faster and cheaper Bitcoin transactions while keeping institutional security standards intact. It builds on BitGo’s earlier self-custody Lightning solution. The new offering is powered through a partnership with Voltage, a Lightning Network infrastructure provider. Clients can now use Lightning without running their own nodes or managing keys. BitGo and Voltage handle infrastructure, channels, liquidity, and key management. Through simple APIs, clients can create wallets, send payments, generate invoices, and track transactions. The platform integrates fully with BitGo’s existing wallet infrastructure, policies, and permissions. Enterprises adopting Lightning usually face challenges like maintaining nodes, channels, liquidity, and keys. BitGo removes these hurdles. Institutions can now access Lightning with minimal setup and zero operational overhead. BitGo, along with Ripple, Circle, Fidelity Digital Assets, and Paxos, received conditional approval from the OCC to become federally chartered national trust banks. This shift from state to federal oversight allows them to offer nationwide fiduciary and digital asset custody services, enhancing regulatory clarity, institutional confidence, and the mainstream adoption of cryptocurrencies. Lightning Network hits an all-time high This move comes as Bitcoin’s Lightning Network hits a new all-time high of 5,637 BTC in capacity, driven largely by institutional inflows even as broader user adoption and node growth lag. Data from AMBOSS shows the surge, concentrated in November and December, surpasses the previous peak from March 2023, signaling renewed confidence among major exchanges like Binance and OKX, which have added significant BTC to Lightning channels. Despite rising capacity, the network’s number of nodes and channels remains below historical highs, highlighting a gap between capitalization and widespread use. The increase coincides with ecosystem developments, including Tether’s $8 million investment in Lightning-focused startup Speed and Lightning Labs’ release of Taproot Assets v0.7, enabling reusable addresses, auditable asset supplies, and larger, more reliable transactions. These upgrades position the Lightning Network as more than a micropayment system, offering potential for higher-value transfers that leverage Bitcoin’s security, speed, and low fees while expanding real-world financial applications on the network. “By offering institutional access to Lightning directly from custody, we are allowing our clients to focus on innovation instead of infrastructure,” said Mike Belshe, BitGo CEO and co-founder. “We are combining the speed and lower transaction costs of Lightning with the trusted security of BitGo to make bitcoin practical for everyday payments.” This post BitGo Enables Lightning Network Payments Directly from Custody first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 17, 2025 · Edited

Bitcoin Price Pumps Above $90,000 Then Dumps to $85,000 in 4 Hours

Bitcoin Magazine Bitcoin Price Pumps Above $90,000 Then Dumps to $85,000 in 4 Hours The bitcoin price (BTC) briefly surged above $90,000 early Wednesday in U.S. trading, only to tumble back below $87,000 within minutes, reflecting a fragile and volatile crypto market. The largest cryptocurrency rallied from roughly $87,000 to above $90,000 around 10:00 a.m EST before rapidly retracing to the $86,500–$87,500 range. At the time of writing, Bitcoin price was near $86,000, down over 0.5% over the past 24 hours despite having been higher by more than 3% minutes earlier. The swift swings triggered more than $190 million in liquidations across crypto derivatives markets, hitting both long positions — bets on rising prices — worth $72 million, and short positions — bets on declines — totaling $121 million, according to CoinGlass data. Bitcoin price support during an ‘exhausted market’ Market observers point to the sharp losses in AI-focused technology stocks as a primary factor behind Bitcoin’s erratic moves. Shares of Nvidia, Broadcom, and Oracle dropped between 3% and 6%, dragging the Nasdaq down more than 1% in early trading. Contributing to the deflation in AI sentiment, Blue Owl Capital reportedly withdrew from funding a $10 billion Oracle data center project in Michigan, unsettling traders who had leaned on tech optimism to fuel risk appetite. “I think we’re now seeing an exhausted market,” Hunter Rogers, co-founder of bitcoin yield protocol TeraHash wrote to Coindesk. “In that environment, even mild selling activity pushes the market lower.” Shrinking liquidity, particularly over weekend trading periods, amplifies these moves, leaving the bitcoin price vulnerable to sharp whipsaws with limited buy-side support. Bitcoin price downsides Technical analysts are closely watching the $80,000–$85,000 range as critical support. Holding this zone could prevent deeper retracement, while a sustained break below it may open the door to further declines. Short-term caution, however, remains prevalent. Georgii Verbitskii, founder of crypto investment platform TYMIO, warned to DLnews that a prolonged period of consolidation or correction is a likely scenario, with potential downside moves toward $60,000 or $70,000 possible if current levels fail to hold. Mike McGlone, senior commodity strategist at Bloomberg Intelligence, has even suggested Bitcoin could drop as low as $10,000 in 2026, highlighting the divergence of expert opinions on the coming year. Despite the near-term uncertainty, longer-term narratives remain largely intact. Institutional participation in Bitcoin continues to grow, supported by spot bitcoin ETFs and a more defined regulatory landscape. Analysts at Bitwise recently released a report suggesting Bitcoin could break away from its historical four-year market cycle, potentially achieving new all-time highs in 2026 while exhibiting lower volatility and reduced correlation with equities. The Bitwise report argues that Bitcoin’s historical four-year cycle, tied to halvings and marked by gains followed by pullbacks, may no longer hold. Analyst Matt Hougan noted that the traditional drivers — halving effects, interest rate swings, and leverage-driven booms — are weaker now. He cited diminishing halving impact, expected lower interest rates in 2026, and reduced systemic leverage after October 2025’s record liquidations. Greater regulatory clarity is also seen as reducing the risk of major market crashes, potentially altering the cycle. The firm also challenged the long-standing criticism that BTC is too volatile for mainstream investors. According to Bitwise, BTC was less volatile than Nvidia stock throughout 2025, a comparison Hougan says underscores the asset’s ongoing maturation. Data cited in the report shows bitcoin’s volatility has steadily declined over the past decade as its investor base has diversified and traditional investment vehicles like ETFs have expanded access. Market in ‘extreme fear’ At the time of writing, the Bitcoin Fear and Greed Index sits at 16/100, signaling extreme fear among market participants. This reflects heightened investor anxiety, with many traders potentially overreacting to recent price movements. Historically, readings in this range have often coincided with undervalued market conditions, suggesting a contrarian buying opportunity for those willing to navigate the emotional volatility. Yesterday, the market sat near 11/100 despite a higher bitcoin price point. At the time of writing, the bitcoin price is trading below $86,000. This post Bitcoin Price Pumps Above $90,000 Then Dumps to $85,000 in 4 Hours first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 17, 2025 · Edited

Jeff Booth, Oliver Velez, and Bitcoin Beach Founder Mike Peterson to Speak at Bitcoin Medellín 2026

Bitcoin Magazine Jeff Booth, Oliver Velez, and Bitcoin Beach Founder Mike Peterson to Speak at Bitcoin Medellín 2026 The second Edition of the Bitcoin Medellin Conference is coming. The small but high signal conference is set in the City of Eternal Spring, Medellin, a tourism hot spot for the Latin American countries, featuring rich food, landscapes, music, and culture, famous for the charisma and beauty of its people. Medelling also hosts a large international community with a strong entrepreneurship and start-up culture. The Bitcoin Medellin conference will take place on January 16- 17, 2026, in Plaza Mayor, a large event conference space near the heart of the city. The conference will feature international grade speakers like Jeff Booth, Venture Capitalist and author of The Price Of Tomorrow, Oliver Velez, Wall Street Veteran, author and educator, Mike Peterson, Founder and Director of El Salvador’s Bitcoin Beach, Frank Corva, Bitcoin Journalist, among many other Colombian and international Bitcoin entrepreneurs. The conference will feature two days of talks on various dimensions of Bitcoin, such as mining, finance, self-custody, investment strategy, and so on. It will feature talks in Spanish and English. There are two tiers of tickets, General and Premium, that give attendees access to speeches and the event hall or access to VIP spaces and side events. Both tiers have a massive discount for Colombian residents, encouraging evangelism and attendance from locals, a common model in Latin America. The VIP Speakers mixer access dinner was a highlight of the conference last year, hosted at a 5-star Argentinian restaurant with an all-star attendance. Colombia is an under-appreciated Bitcoin and crypto hub, with a double digit percentage of its imports from China paid in stablecoins a long standing Bitcoin and crypto community that has deep peer to peer and OTC market, if you are shopping for conferences next year, this is one you’ll want to have a look at. This post Jeff Booth, Oliver Velez, and Bitcoin Beach Founder Mike Peterson to Speak at Bitcoin Medellín 2026 first appeared on Bitcoin Magazine and is written by Juan Galt.

by Bitcoin Magazine (News Bot) Dec 17, 2025 · Edited

Bitcoin’s Lightning Network Capacity Hits New-All Time High

Bitcoin Magazine Bitcoin’s Lightning Network Capacity Hits New-All Time High Bitcoin’s Lightning Network, the layer-2 payments system designed to make Bitcoin faster and cheaper to use, has reached a new all-time high in capacity, signaling renewed institutional interest even as grassroots adoption lags. Data from AMBOSS shows Lightning capacity climbed to 5,637 BTC yesterday, surpassing its previous peak in March 2023. The surge, concentrated in November and December, follows a year of declining capacity, as more Bitcoin is added to existing channels, enabling off-chain payments that settle nearly instantly and at minimal fees. Yet, the network’s growth in BTC held has not been mirrored by an increase in users or nodes. Lightning currently has around 14,940 nodes, per Bitcoin Visuals, down from a peak of 20,700 in early 2022, and 48,678 channels, also below historical highs. This gap highlights a network that is becoming more capitalized but not necessarily more widely used. Institutional Bitcoin Lightning Surge “It’s not just one company that’s putting more Bitcoin into the Lightning Network; it’s across the board,” said Amboss, pointing to major exchanges such as Binance and OKX, which have deposited significant BTC into Lightning channels in recent weeks. This institutional influx contrasts with the slower adoption among smaller operators and individual users. The surge coincides with broader ecosystem developments. Yesterday, stablecoin issuer Tether announced it had led an $8 million investment round in Lightning-focused startup Speed, which facilitates stablecoin payments over Bitcoin’s Lightning Network. Meanwhile, Lightning Labs rolled out version 0.7 of Taproot Assets, a multi-asset Lightning protocol. The upgrade introduces reusable addresses, auditable asset supplies, and support for larger, more reliable transactions. Taproot Assets enables stablecoins to leverage Bitcoin’s security while benefiting from Lightning’s speed and low fees, offering a potential alternative to Ethereum-based stablecoin networks. All this movement could expand Lightning beyond micropayments, positioning it as a viable infrastructure for higher-value transfers. Lightning Labs called the release a foundation for “trillions of dollars to flow on Bitcoin and Lightning,” reflecting ambitions to merge Bitcoin’s security with real-world payments and financial applications. The Lightning Network is fundamentally a system for updating and enforcing off-chain agreements on BTC balances between users, using pre-signed transactions and mechanisms to ensure the most recent state can be securely settled on-chain. While the current implementation relies on specific channel designs, HTLCs, and routing protocols, these components are modular and can evolve or be replaced over time without changing the core principle of secure, instant, off-chain BTC payments. This post Bitcoin’s Lightning Network Capacity Hits New-All Time High first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 17, 2025 · Edited

Norway’s Sovereign Wealth Fund Backs Metaplanet’s Bitcoin Strategy

Bitcoin Magazine Norway’s Sovereign Wealth Fund Backs Metaplanet’s Bitcoin Strategy Norway’s Norges Bank Investment Management (NBIM), the manager of the country’s $1.7 trillion sovereign wealth fund, has voted in favor of all five management proposals at Metaplanet’s upcoming Extraordinary General Meeting (EGM) on Dec. 22, endorsing the firm’s bitcoin treasury strategy. NBIM, which held roughly a 0.3% stake in Metaplanet as of June 30, disclosed its vote via Dylan LeClair, Metaplanet’s director of bitcoin strategy. The five proposals are designed to expand the company’s capital flexibility and support non-dilutive bitcoin accumulation. One proposal would reduce capital stock and capital reserves, allowing funds to be transferred to surplus. This would enable dividends, share buybacks, or bitcoin acquisitions without increasing the number of outstanding common shares. Another proposal seeks to increase the company’s authorized share count, including the introduction of new preferred share classes. Metaplanet said this would allow it to raise capital in the future to fund bitcoin purchases while preserving flexibility in its capital structure. JUST IN: Norway’s sovereign wealth fund just backed all the Bitcoin treasury company Metaplanet’s proposal. Norway is embracing #Bitcoin pic.twitter.com/lRwwDXtE2l — Bitcoin Magazine (@BitcoinMagazine) December 17, 2025 Metaplanet’s shares proposal A key component of the plan is the introduction of perpetual preferred shares. The proposed Class A preferred shares, branded as MARS, would offer variable monthly dividends and rank senior in the capital structure. The company also plans to introduce perpetual Class B preferred shares, known as MERCURY, which would feature fixed quarterly dividends, conversion options, and cash redemption features. Metaplanet is seeking authorization to issue MERCURY shares to institutional investors as part of a planned $150 million third-party allotment to fund additional bitcoin purchases. Metaplanet said the preferred share structure is intended to attract long-term institutional capital while limiting dilution to common shareholders. The Tokyo-listed firm has increasingly positioned itself as a corporate bitcoin treasury vehicle, drawing comparisons to U.S. firms that have adopted similar strategies.Metaplanet’s common shares are up about 8% year-to-date. Last month, Metaplanet, was the world’s fourth-largest corporate holder of bitcoin with 30,823 BTC, and continually says they are planning new capital toward additional bitcoin purchases, with the remainder directed to income-generating bitcoin strategies and the redemption of outstanding corporate bonds. In early November, Metaplanet drew $100 million from its $500 million credit facility, secured by just 3% of its 30,823 BTC holdings, to fund further Bitcoin purchases, expand its income-generating options business, and potentially repurchase shares. The flexible, no-fixed-maturity loan allows repayment at any time and is tied to U.S. benchmark rates, though the lender remains undisclosed. This post Norway’s Sovereign Wealth Fund Backs Metaplanet’s Bitcoin Strategy first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 17, 2025 · Edited

Bitcoin Miner Hut 8 Secures Google-Backed Deal to Build Up to 2.3 GW of AI Capacity

Bitcoin Magazine Bitcoin Miner Hut 8 Secures Google-Backed Deal to Build Up to 2.3 GW of AI Capacity Hut 8 Corp. announced a sweeping AI infrastructure partnership on Wednesday with AI model developer Anthropic and compute provider Fluidstack, marking a pretty clear signal that the bitcoin miner is pivoting to a large-scale energy and data center developer. Under the agreement, Hut 8 will develop between 245 megawatts (MW) and up to 2,295 MW of AI-focused data center capacity in the United States, beginning with a flagship project at its River Bend campus in Louisiana. The partnership is structured across multiple tranches, creating a pathway to scale from an initial deployment to gigawatt-level infrastructure over time. The first phase centers on a 245 MW IT deployment at River Bend, supported by roughly 330 MW of utility power. Hut 8 will develop the site, while Fluidstack will operate high-performance compute clusters for Anthropic. Construction of the initial data halls is expected to be completed by early 2027. Beyond the initial phase, Fluidstack has secured a right of first offer for up to an additional 1,000 MW of IT capacity at River Bend, contingent on further power expansion. A third tranche gives Hut 8 and Anthropic the option to jointly diligence and develop up to 1,050 MW of additional capacity across Hut 8’s broader development pipeline. Financially, the River Bend project is anchored by a 15-year triple-net lease with Fluidstack valued at approximately $7 billion over the base term, with total contract value rising to roughly $17.7 billion if all renewal options are exercised. Alphabet-owned Google is providing a financial backstop covering lease payments and certain operating obligations over the base term, underscoring the strategic importance of securing long-term AI compute capacity, per Reuters reporting. JUST IN: #Bitcoin mining company Hut 8 just announced it partnered with Google for financial backing on a 15-year lease. Bullish pic.twitter.com/NQN9JmW0ob — Bitcoin Magazine (@BitcoinMagazine) December 17, 2025 Hut 8 ($HUT) stock soars Hut 8 shares surged more than 20% in premarket trading following the announcement, extending a rally that has seen the stock rise roughly 80% year-to-date. Investors appear to be rewarding the company’s pivot toward AI infrastructure at a time when access to power, cooling, and suitable real estate has become a bottleneck for leading model developers. “Scaling frontier AI infrastructure is, at its core, a power challenge,” Hut 8 CEO Asher Genoot said in a statement, emphasizing the company’s “power-first” development strategy. He added that the partnership aligns power sourcing, data center design, and compute deployment into a single integrated platform capable of operating at gigawatt scale. For Anthropic, the deal expands an existing relationship with Fluidstack and provides a new channel for bringing capacity online as demand for advanced models continues to grow. “Hut 8’s ability to source and deliver infrastructure at scale provides the runway necessary to continue advancing the capabilities of our models,” said James Bradbury, Anthropic’s head of compute. The agreement also reflects a broader industry shift. Former crypto miners such as Hut 8, CoreWeave, or Bitfarms are increasingly repurposing their energy-heavy infrastructure for AI workloads as demand for Nvidia-powered compute accelerates. While execution risk remains — particularly around power delivery timelines and construction— Hut 8’s latest deal positions it among a small but growing group of firms bridging the worlds of energy, AI, and large-scale digital infrastructure. Hut 8 recently reduced some of its bitcoin holdings by 389 BTC during the last month, standing out among a small group of miners and corporates trimming exposure. While some firms added modest amounts and ETF flows turned positive, the data points to a split market in which Hut 8 and a few others acted as sellers amid pressure, contrasting with disciplined treasury buyers and programmatic accumulation elsewhere. At the time of writing, Hut 8 shares are up 17%. Earlier in pre-market trading, shares were up over 25% at times. The price per share is currently $43.75. This post Bitcoin Miner Hut 8 Secures Google-Backed Deal to Build Up to 2.3 GW of AI Capacity first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 17, 2025 · Edited

Bhutan Pledges Up to 10,000 Bitcoin to Build New Mega-City

Bitcoin Magazine Bhutan Pledges Up to 10,000 Bitcoin to Build New Mega-City Bhutan has committed up to 10,000 bitcoin to support the long-term development of Gelephu Mindfulness City (GMC), marking one of the most ambitious sovereign uses of bitcoin for national infrastructure and economic development to date. The Himalayan kingdom unveiled the Bitcoin Development Pledge this week, allocating a portion of its sovereign bitcoin holdings — valued at roughly $860 million to $1 billion at current prices — to back the new special administrative region in southern Bhutan. Officials emphasized that the allocation is intended to preserve capital over the long term rather than fund near-term spending through asset sales. Instead, Bhutan is exploring mechanisms such as collateralized lending, treasury and yield strategies, and intentional long-term holding to finance infrastructure and development while maintaining exposure to bitcoin’s potential appreciation. Final decisions on how the assets will be deployed are expected in the coming months, according to the government. Gelephu Mindfulness City is central to Bhutan’s broader effort to diversify its economy beyond hydropower and tourism, while remaining aligned with the country’s development philosophy centered on sustainability and social well-being. The project, launched in 2024, is designed as a future economic hub focused on finance, technology, green energy, healthcare, agriculture, and high-value tourism. The city spans roughly 1,544 square miles — about 10% of Bhutan’s territory — near the Indian border. Bitcoin as a commitment to Bhutan’s youth King Jigme Khesar Namgyel Wangchuck announced the bitcoin commitment during his National Day Address, framing it as a generational investment aimed at creating quality jobs and opportunities for Bhutan’s youth. “As your King, I must ensure that every Bhutanese is a custodian, stakeholder, and beneficiary of GMC,” he said. “This commitment is for our people, our youth, and our nation.” A new land policy associated with the project will treat landowners as shareholders in the city’s development, ensuring citizens across all regions share in the economic upside. Since much of the land involved is state-owned, the government says the benefits will be broadly distributed nationwide. Bhutan’s bitcoin holdings stem from years of state-backed mining operations powered by surplus hydroelectric energy. Beginning around 2019–2020, the country quietly converted excess renewable power into digital assets, positioning itself as one of the earliest sovereign bitcoin miners. Officials say the strategy allows Bhutan to monetize unused energy capacity without increasing environmental impact. Estimates of Bhutan’s total bitcoin reserves vary by analytics provider, ranging from roughly 6,000 to more than 11,000 BTC, placing the kingdom among the world’s largest sovereign bitcoin holders. The bitcoin pledge builds on a broader national blockchain strategy already underway. Bhutan has rolled out crypto-enabled payments across its tourism sector through partnerships with DK Bank and Binance Pay, allowing visitors to pay with more than 100 digital assets at hotels, airlines, and local merchants. More than 100 tourism-related businesses now accept crypto payments. The country has also introduced TER, a sovereign-backed digital token reportedly supported by physical gold reserves, and recently anchored its national digital identity system on Ethereum, enabling nearly 800,000 citizens to access public services through blockchain-based verification. GMC itself has designated bitcoin and two other crypto as strategic reserve assets, making it one of the earliest jurisdictions to formally hold multiple cryptocurrencies at the municipal or regional level. Green Digital Ltd., the infrastructure firm leading GMC’s development, is focused on green energy-powered data centers and blockchain infrastructure as part of the city’s long-term vision. Earlier this month, Bhutan also entered a multi-year partnership with Cumberland DRW to support bitcoin reserve management, sustainable mining expansion, and broader digital asset infrastructure, including potential stablecoin initiatives. At current bitcoin prices, 10,000 BTC would be worth $877,500,000. CoinDesk reporting helped with the background of this article. This post Bhutan Pledges Up to 10,000 Bitcoin to Build New Mega-City first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 17, 2025 · Edited

Celebrating One Year of Hashrate Redirect™: How Abundant Mines Redefined Uptime and Protected Millions in Client Bitcoin Rewards

Bitcoin Magazine Celebrating One Year of Hashrate Redirect™: How Abundant Mines Redefined Uptime and Protected Millions in Client Bitcoin Rewards Hood River County, Oregon – December 16th, 2025 – This month last year, Abundant Mines quietly began to launch a feature that would go on to change how the bitcoin mining industry defines performance. Today, the company is celebrating the one-year anniversary of Hashrate Redirect, a pioneering system that ensures clients continue earning bitcoin even when their machines are offline. For too long, mining providers have misled customers with uptime metrics that measure whether a facility has power, not whether a machine is actually hashing. A rig could be powered off, broken, or awaiting repairs and still count toward a provider’s claimed “98% uptime.” The result is lost bitcoin, lost revenue, and lost trust. Abundant Mines set out to correct this. “When we introduced Hashrate Redirect a year ago, we didn’t make a big announcement. We simply built the solution we wished had existed when we were clients,” said Beau Turner, Co-Founder and CEO of Abundant Mines. “Twelve months later, the results speak for themselves: our clients continue earning even when their machines are offline, and the industry standard for uptime is shifting toward truth and transparency.” A Year of Real Results: Uptime That Actually Means Performance Instead of measuring uptime by whether a building has power or not, Abundant Mines measures rig uptime – the percentage of time an individual machine is hashing and producing bitcoin. When a rig goes offline for repairs, RMA, or maintenance, Hashrate Redirect replaces the lost hashrate with hash from Abundant Mines’ operational fleet. The loss of hash is tracked immediately, and the redirection happens within days, not at the end of the month or year. The result is a continuous bitcoin revenue stream for clients, even during downtime. Over the past year, Hashrate Redirect has: Protected clients from hours of lost earnings Redirected hashrate for machines without interruption Preserved significant bitcoin rewards that would otherwise have been missed. “Hashrate Redirect is simple but powerful,” said Turner. “We give you hash, not cash. Because you’re not mining for credits or refunds, you’re here to earn bitcoin and help secure the network.” Why Timing Matters: Capturing Bitcoin’s Full Value Bitcoin’s value is time-sensitive. Block rewards are issued every 10 minutes, and once they’re gone, they’re gone forever. If a rig is offline during a price surge or halving cycle, the lost opportunity can compound into significant missed revenue. By replacing hashrate continuously, not with delayed end- of -year credit, or even end-of-month credit, Abundant Mines ensures that clients capture the full earning potential of every block, especially during high-value market windows. “With bitcoin’s price climbing and the network becoming more competitive, uptime precision isn’t just a technical detail. It is the difference between winning and falling behind,” said Turner. “Hashrate Redirect makes sure our clients stay ahead.” Why Weekly Hashrate Matters More Than One-Time Credits Most mining providers only offer compensation for downtime once or twice a year, often in the form of a one-time hashrate allocation or bill credit. On paper, this may seem like a fair solution. In reality, it is too little and far too late. Bitcoin rewards are not static. They are distributed every 10 minutes, and their value changes constantly based on market price and network difficulty. If your machine is offline for weeks or months, those missed rewards cannot be recreated later – even if a provider offers you a lump sum or short burst of extra hashrate at the end of the year. Abundant Mines takes a different approach. With Hashrate Redirect, we replace any downtime with hashrate from our personal fleet. This means you continue earning bitcoin on a rolling basis, staying aligned with market conditions and capturing opportunities in real time. This approach matters because: Missed blocks are missed forever. Once they’re mined, they cannot be recreated later. Network difficulty volatility impacts rewards. Weekly redirection ensures you maximize bitcoin earnings, so that you are not punished for hashing later when difficulty has risen significantly.Compounding matters. Bitcoin earned earlier can be held, deployed, or compounded, creating significantly greater long-term value. “Timing is everything in bitcoin mining,” said Turner. “By replacing hashrate weekly instead of issuing delayed payouts, we ensure our clients never miss the most valuable moments to earn.” Setting a Higher Standard One year after launch, Hashrate Redirect has become more than a feature. It is a new benchmark for performance and a reflection of Abundant Mines’ commitment to transparency, accuracy, and client protection. “Mining should mean performance, not just power,” Turner said. “Hashrate Redirect has proven that principle for a full year, and we are only getting started.” About Abundant Mines Abundant Mines is a premium bitcoin mining and energy infrastructure company based in Oregon. Committed to transparency, reliability, and impact, Abundant Mines designs, builds, and operates advanced mining facilities that align energy abundance with digital value creation. Its mission is to make bitcoin mining more accessible, more dependable, and more profitable for individuals and institutions worldwide. Media Contact: hello@abundantmines.com www.abundantmines.com This post Celebrating One Year of Hashrate Redirect™: How Abundant Mines Redefined Uptime and Protected Millions in Client Bitcoin Rewards first appeared on Bitcoin Magazine and is written by Bitcoin Magazine.

by Bitcoin Magazine (News Bot) Dec 16, 2025 · Edited

Bitcoin Price Trades Near $87,000 as Market Slips Into ‘Extreme Fear’

Bitcoin Magazine Bitcoin Price Trades Near $87,000 as Market Slips Into ‘Extreme Fear’ Bitcoin price hovered above $87,000 today as market sentiment and the Crypto Fear and Greed Index plunged to 11 out of 100, a level signaling extreme fear among investors. At the time of writing, the bitcoin price is trading at $87,696, up roughly 2% over the past 24 hours, according to market data. Despite the modest rebound, BTC remains trapped in a choppy consolidation range, sitting just 0.2% below its seven-day high of $87,918 and 2% above its weekly low near $85,575. Yesterday, the bitcoin price cratered from close to $90,000 to the mid $85,000s. Trading volume over the past day totaled approximately $51 billion, suggesting continued participation but little conviction on either side of the market. Bitcoin’s total market capitalization stood at $1.75 trillion, reflecting a 2% increase over the prior 24 hours, according to Bitcoin Magazine Pro data. The uneasy price action comes as sentiment has turned decisively bearish. The Fear and Greed Index—a composite indicator that incorporates volatility, volume, social media trends, and momentum—has fallen deep into its lowest category, historically associated with panic-driven selling and heightened emotional decision-making. Extreme fear hits crypto markets A reading of 11 places the market firmly in “extreme fear,” a zone typically marked by heightened downside anxiety and risk aversion. Historically, such conditions have often coincided with local bottoms, though timing remains uncertain. The index operates on a 0–100 scale, where readings below 25 indicate extreme fear and levels above 75 suggest extreme greed. At current levels, investors appear more concerned about further downside than missing potential upside, reinforcing the defensive tone seen across digital asset markets.Market participants often view extreme fear as a contrarian signal, arguing that widespread pessimism can create favorable long-term entry points. Thin liquidity amplifies downside moves Bitcoin price’s recent slide below the $90,000 level occurred during typically illiquid weekend trading, exacerbating volatility as sellers encountered limited buy-side support. Prices fell from the low-$92,000 range late last week to weekend lows near $87,000, marking one of the sharpest short-term pullbacks since October’s all-time high. The broader crypto market mirrored bitcoin’s weakness. Major altcoins continued to post double-digit monthly losses, while bitcoin dominance climbed toward 57%, underscoring a flight to relative safety within the digital asset complex. Muted volumes suggest the move lower reflects caution rather than capitulation, with traders reluctant to deploy fresh capital ahead of key macroeconomic events. Globally, attention is also turning to Japan, where the Bank of Japan is widely expected to raise interest rates. Such a move could pressure yen-funded carry trades that have supported global risk assets over the past year, potentially adding another headwind for crypto markets. Bitcoin price levels in focus From a technical perspective, analysts are closely watching the mid-$80,000 range as near-term support. A sustained break below this zone could open the door to a deeper retracement toward the low-$80,000s or below. Conversely, holding current levels would reinforce the view that the bitcoin price remains range-bound rather than entering a prolonged bearish phase. Despite the gloomy mood, long-term narratives remain intact for many investors, particularly as institutional participation continues to expand through spot bitcoin ETFs and broader regulatory clarity. For now, however, bitcoin’s price action reflects a market caught between structural optimism and short-term fear—an uneasy balance that has pushed sentiment to one of its most pessimistic readings of the year. Despite all this, earlier today, asset manager Bitwise released a new report that argues that bitcoin is poised to break from its historical four-year market cycle, setting new all-time highs in 2026 while becoming less volatile and less correlated with equities. At the time of writing, the bitcoin price is $87,706. This post Bitcoin Price Trades Near $87,000 as Market Slips Into ‘Extreme Fear’ first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 16, 2025 · Edited

Bitwise Says Bitcoin’s Four-Year Cycle Is Dead, Predicts Bitcoin New Highs in 2026

Bitcoin Magazine Bitwise Says Bitcoin’s Four-Year Cycle Is Dead, Predicts Bitcoin New Highs in 2026 Asset manager Bitwise released a new report that argues that bitcoin is poised to break from its historical four-year market cycle, setting new all-time highs in 2026 while becoming less volatile and less correlated with equities. Bitwise’s Chief Investment Officer Matt Hougen outlined three forecasts he says matter most for crypto investors: the end of the four-year cycle, continued volatility compression, and declining correlation between BTC and traditional stock markets. The four-year cycle is ‘significantly weaker’ Bitcoin has historically followed a four-year pattern tied to the halving cycle, typically marked by three years of gains followed by a sharp pullback. Under that framework, 2026 would be expected to be a down year. Bitwise disagrees. “The forces that previously drove four-year cycles — the BTC halving, interest rate cycles, and crypto’s leverage-fueled booms and busts — are significantly weaker than they’ve been in past cycles,” Hougan wrote. He pointed to the diminishing impact of successive halvings, expectations for falling interest rates in 2026, and reduced systemic leverage following record liquidations in October 2025. Improving regulatory clarity is also expected to lower the risk of major market blow-ups. More importantly, Bitwise expects institutional capital flows to accelerate. With spot bitcoin ETFs approved in 2024, the firm anticipates broader participation from major wealth platforms such as Morgan Stanley, Wells Fargo, and Merrill Lynch, alongside increased adoption from Wall Street and fintech firms amid a more favorable regulatory environment following the 2024 U.S. election. Bitwise believes these factors could push bitcoin to fresh all-time highs, effectively ending the relevance of the four-year cycle. NEW: $15 billion asset manager Bitwise predicts #Bitcoin will break the 4 year cycle and set a new all time high in 2026 pic.twitter.com/5UkwidKKkf — Bitcoin Magazine (@BitcoinMagazine) December 16, 2025 Bitcoin volatility continues to decline The firm also challenged the long-standing criticism that BTC is too volatile for mainstream investors. According to Bitwise, BTC was less volatile than Nvidia stock throughout 2025, a comparison Hougan says underscores the asset’s ongoing maturation. Data cited in the report shows bitcoin’s volatility has steadily declined over the past decade as its investor base has diversified and traditional investment vehicles like ETFs have expanded access. Bitwise expects that trend to continue into 2026, likening bitcoin’s evolution to gold’s transition following the launch of gold ETFs in the early 2000s. Lower correlation with equities Finally, Bitwise predicts BTC’s correlation with stocks will fall further in 2026. While critics often claim bitcoin trades in lockstep with equities, Hougan noted that rolling 90-day correlations with the S&P 500 have rarely exceeded 0.50. Looking ahead, Bitwise expects crypto-specific catalysts—such as regulatory progress and institutional adoption—to drive bitcoin independently, even as equity markets grapple with valuation concerns and slowing economic growth. Taken together, the firm sees 2026 shaping up as a favorable year for bitcoin investors, characterized by strong returns, lower volatility, and reduced correlation with traditional assets. “That’s the trifecta for investors,” Hougan wrote, adding that these dynamics could drive tens of billions of dollars in new institutional inflows. This post Bitwise Says Bitcoin’s Four-Year Cycle Is Dead, Predicts Bitcoin New Highs in 2026 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 16, 2025 · Edited

Michael Saylor’s Bitcoin Treasury Strategy Now Accounts for 3.2% of BTC Supply

Bitcoin Magazine Michael Saylor’s Bitcoin Treasury Strategy Now Accounts for 3.2% of BTC Supply Over the last two months, the broader bitcoin market has bled to semi-surprising lows and it seems like fear has crept into the forefront of market sentiment. But Strategy’s Michael Saylor, in true Saylor fashion, just put his head down and bought more bitcoin. Over the past two weeks, Strategy has spent nearly $2 billion just on Bitcoin. Strategy has steadily expanded their Bitcoin treasury over the years, now holding 671,268 BTC — equivalent to 3.2% of all Bitcoin ever expected to exist, the company says. The firm’s average purchase price for its holdings sits at roughly $75,000 per BTC, with a total acquisition cost of $50 billion and a current Bitcoin net asset value of $60 billion. Strategy has added Bitcoin in every quarter since Q3 2020, totaling 90 separate acquisitions. Per Bitcointreasuries.net, Strategy’s Bitcoin holdings tower over every other publicly traded treasury, owning 12 times the next largest holder, MARA Holdings. While most companies in the top 10 hold between 13,000 and 53,000 BTC, Strategy’s accumulation dwarfs them, underscoring its unprecedented scale of BTC holdings. Earlier this month, Strategy created a $1.44 billion cash reserve to safeguard future dividends and interest payments, in an effort to reassure investors it would not need to sell any of its roughly $56 billion in Bitcoin amid broader Bitcoin market weakness. Funded by recent Class A stock sales, the reserve initially covered 21 months of obligations, with plans to extend to 24 months. CEO Phong Le said the move sharply reduced the likelihood of BTC liquidation, addressing fears from prior comments. JUST IN: Michael Saylor's Strategy now owns 3.2% of all Bitcoin ever to be in existence pic.twitter.com/R907KnHsee — Bitcoin Magazine (@BitcoinMagazine) December 16, 2025 Strategy wants more bitcoin: ‘We are going to buy all of it’ At the Bitcoin MENA conference, Saylor discussed his bitcoin beliefs more, saying that Bitcoin was the foundation of a new digital capital and credit era. Addressing sovereign wealth funds, banks, and investors, Saylor framed Bitcoin as “digital capital,” contrasting it with traditional assets like gold, real estate, and equities, and emphasizing its potential as a core store of value in the digital economy. Saylor emphasized the growing institutional adoption of Bitcoin, with major U.S. banks—including Bank of America, Wells Fargo, JP Morgan, and Citi—now offering custody solutions and credit against Bitcoin. He also cited bipartisan government support from agencies like the Treasury, SEC, and CFTC. Central to Strategy’s vision is converting volatile Bitcoin into predictable, yield-generating credit. Through over-collateralized instruments like STRK (8% dividend) and STRF (10% perpetual bond), Strategy delivers steady cash flows while enhancing long-term Bitcoin exposure. Saylor claimed these mechanisms allow the company to double Bitcoin per share every seven years, creating liquidity and aligning corporate growth with investor returns. He likened Bitcoin-backed credit to gold-backed financial systems, envisioning a global shift toward digital gold-supported credit integrated into traditional banking. Earlier this week, news came out that Strategy will retain its spot in the Nasdaq 100 index despite an annual reshuffle that removed six companies and added three. Strategy’s Michael Saylor speaking at Bitcoin Amsterdam This post Michael Saylor’s Bitcoin Treasury Strategy Now Accounts for 3.2% of BTC Supply first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 16, 2025 · Edited

MetaMask Launches Native Bitcoin Integration for 30 Million Active Users

Bitcoin Magazine MetaMask Launches Native Bitcoin Integration for 30 Million Active Users Metamask, the popular Ethereum and DeFi wallet, announces Bitcoin integration as the company continues its expansion into multiple chains other than Ethereum. The wallet boasts 143 million downloads and over 30 million monthly active users, making it one of the most popular crypto wallets in the world. Developed by Consensys, an Ethereum-born software development arm, Metamask has become a beast of its own, achieving massive success and adoption in the crypto industry. Having operated for over a decade, Metamask defined the user experience of in-browser wallets, copied by many of its competitors. Up until recently, Metamask was an Ethereum-only wallet, focusing on helping users move their wealth across Ethereum bridges, but in October, the wallet announced its planned expansion into Solana, and now Bitcoin has entered the list of blockchains it supports natively. The Bitcoin integration was made possible in part thanks to the Bitcoin Development Kit, an open-source Bitcoin wallet library designed to make Bitcoin app development very easy. Welcome MetaMask users to self custodial #bitcoin! For all you devs checkout bdk-wasm (kudos to @dario_nakamoto) to see how it's done.https://t.co/IOxNBe6qyb https://t.co/HjGZiwg4Ny — Bitcoin Dev Kit (@bitcoindevkit) December 16, 2025 Metamask’s Bitcoin integration marks a major milestone for the growing Bitcoin DeFi ecosystem, which was previously thought to be a niche only available to new blockchains like Ethereum, thanks to their smart contracting capabilities. In recent years, however, projects like Ordinals revealed that there are very powerful scripting tools available in Bitcoin, which drew the attention of DeFi developers across the industry. As a result, a variety of layer two projects of all kinds have been launched, bootstrapping an integration and cross-collaboration between Bitcoin and the broader EVM-based (Ethereum virtual machine) DeFi ecosystem. Some examples of Bitcoin DeFi platforms include BOB, Botanix, Rootstock, and the Liquid Network. Metamask has also announced in October this year that it is preparing to go public in the U.S. markets, and has launched a variety of mainstream-facing features, such as a crypto-powered debit card or Metamask Card, in partnership with the Linea network, as well as “one of the largest on-chain rewards programs ever built”. This post MetaMask Launches Native Bitcoin Integration for 30 Million Active Users first appeared on Bitcoin Magazine and is written by Juan Galt.

by Bitcoin Magazine (News Bot) Dec 16, 2025 · Edited

Tether Leads $8 Million Investment in Lightning-Powered Payments Startup Speed

Bitcoin Magazine Tether Leads $8 Million Investment in Lightning-Powered Payments Startup Speed Tether, the issuer of the world’s largest stablecoin USDT, announced a strategic investment in Speed1, Inc. (“Speed”), a payments infrastructure company leveraging the Bitcoin Lightning Network and stablecoins to build instant, global settlement rails. Tether led the company’s $8 million funding round alongside ego death capital, signaling a strong push to expand Bitcoin-aligned financial infrastructure and increase the real-world utility of USDT. Speed provides payment solutions for a diverse range of users, including consumers, creators, platforms, and enterprise merchants. The company processes over $1.5 billion in annual payment volume and serves roughly 1.2 million users through its Speed Wallet and Speed Merchant products. These tools enable near-instant settlement in both bitcoin and USDT while offering global routing capabilities optimized for enterprise-level integrations. The company’s architecture combines Lightning-based transaction execution with stablecoin settlement, addressing key challenges in cross-border payments such as speed, cost, and price volatility. This combination allows users and merchants to transact efficiently while maintaining price stability when required, making it suitable for international transfers, creator payouts, merchant payments, and platform-level settlements. Bitcoin networks are ready for mainstream commerce “Speed is showing what Lightning can achieve when paired with a stable, liquid digital dollar like USDT,” said Paolo Ardoino, CEO of Tether. “We support teams building practical infrastructure that reduces friction in payments and expands access to reliable settlement rails. Speed’s execution and adoption signal that Bitcoin-rooted networks are ready for mainstream commerce,” Ardoino said. Niraj Patel, CEO of Speed, added, “Crypto has lived in the world of speculation for too long. Speed is making it usable – instantly, globally, and at scale. Lightning gives us speed; stablecoins give us universal access; our infrastructure brings it all together for consumers, creators, and merchants.” Tether likes to hold bitcoin This move aligns with Tether’s ongoing diversification strategy. Earlier this year, the company acquired nearly 8,889 BTC, bringing its primary treasury holdings to over 86,000 BTC, and expanded into physical assets such as gold and agribusiness through a 70 percent stake in Adecoagro. Per BitcoinTreasuries.net, Tether holds 87,475 bitcoin. Per the companies, the $8 million funding will support Speed’s infrastructure expansion and additional integrations with merchants and platforms, further solidifying its role in building the next generation of global financial rails anchored in Bitcoin and USDT. This post Tether Leads $8 Million Investment in Lightning-Powered Payments Startup Speed first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 16, 2025 · Edited

Bitcoin Treasury Companies Are Undervalued

Bitcoin Magazine Bitcoin Treasury Companies Are Undervalued Bitcoin treasury companies have been hit hard by Bitcoin’s disappointing price action throughout 2025. Publicly traded firms holding significant BTC reserves are suffering the most, with leaders like (Micro)Strategy pushing aggressive accumulation amid headwinds—yet most now trade below net asset value, creating a rare opportunity for risk-tolerant strategic investors. Figure 1: Tracking BTC holdings of the top public Bitcoin Treasury Companies. View live chart. The Bitcoin Treasury Companies Landscape Not all Bitcoin treasury companies are created equally. Strategy stands apart as the industry standard-bearer, the “Bitcoin among treasury companies,” as it were. The company has maintained its accumulation discipline even as its stock has suffered, recently announcing a $1.44 billion USD reserve specifically designed to pay dividends and debt obligations without forcing Bitcoin sales. This capital buffer theoretically eliminates the need for excessive dilutive share issuance or forced BTC liquidation, a critical distinction from weaker competitors. Many will likely face shareholder pressure and potential forced selling as their stock prices decline, creating a cascade of supply pressure that could paradoxically benefit the strongest players like MSTR. Valuation Dynamics of Bitcoin Treasury Companies The most compelling aspect of current treasury company valuations is that they now trade below net asset value on a per-share basis. In practical terms, you can currently purchase one dollar’s worth of Bitcoin for less than one dollar through treasury company stock. This represents an arbitrage opportunity for investors, though one accompanied by elevated volatility and company-specific risks. Figure 2: Bitcoin Magazine Pro’s top 20 public Bitcoin Treasury Company HODLboard. View live table. Strategy currently sits at a net asset value premium of less than 1, meaning the company’s market capitalization is below the value of its Bitcoin holdings alone. The upside scenario is striking. If Bitcoin reclaims its previous all-time high around $126,000, Strategy continues accumulating toward 700,000 BTC, and the market assigns even a modest 1.5x to 1.75x net asset value premium, Strategy could approach the $500 region per share. From Weak to Strong: The Future of Bitcoin Treasury Companies Examining Strategy’s performance during the previous Bitcoin bear market and overlaying it onto the current cycle reveals eerie alignment. The bar patterns suggest current price levels represent reasonable support, with only a catastrophic final flush justified by Bitcoin weakness providing reason to expect substantially lower levels. As weaker treasury companies face forced selling, a consolidation thesis emerges, that Strategy and similar strong-positioned players will potentially accumulate cheap Bitcoin from distressed sellers, further concentrating holdings in the most disciplined accumulators. This dynamic mirrors Bitcoin’s own consolidation process, weaker hands sell, stronger hands accumulate, and the asset becomes more concentrated among conviction holders. Conclusion: Opportunity in Bitcoin Treasury Companies Bitcoin treasury companies have for the most part delivered disappointing returns in 2025, but this performance has created a window of exceptional opportunity for disciplined investors. At current valuations, Strategy is essentially selling one dollar of Bitcoin for approximately 90 cents, a discount that becomes even more attractive if Bitcoin experiences one final capitulation flush. The probability of this scenario combined with Strategy’s positioned upside creates asymmetric risk-reward worthy of small, carefully-sized positions within aggressive portfolios. For deeper data, charts, and professional insights into bitcoin price trends, visit BitcoinMagazinePro.com. Subscribe to Bitcoin Magazine Pro on YouTube for more expert market insights and analysis! WATCH LATEST BITCOIN PRICE VIDEO ANALYSIS Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. This post Bitcoin Treasury Companies Are Undervalued first appeared on Bitcoin Magazine and is written by Matt Crosby.