Bitcoin Magazine (News Bot)

by Bitcoin Magazine (News Bot) Dec 4, 2025 · Edited

CFTC Opens Door for Spot Bitcoin and Crypto Trading in U.S. Markets

Bitcoin Magazine CFTC Opens Door for Spot Bitcoin and Crypto Trading in U.S. Markets The CFTC is opening the door for federally regulated spot crypto trading in the U.S. for the first time, with Bitnomial’s exchange opening up next week. Acting Chairman Caroline Pham announced that listed spot crypto products will trade on CFTC-registered exchanges, marking a major milestone in the effort to bring digital asset trading to the United States and under full federal oversight. The announcement coincides with the launch of Bitnomial, Inc., a U.S.-based derivatives exchange, which will operate the first-ever leveraged retail spot crypto exchange under CFTC regulation. Bitnomial’s Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) will allow both retail and institutional traders to trade spot, perpetuals, futures, and options on a single platform. Unified portfolio margining and net settlement eliminate redundant margin requirements, boosting capital efficiency and reducing counterparty risk. “Leveraged spot crypto trading is now available under the same regulatory framework as U.S. perpetuals, futures, and options,” said Luke Hoersten, founder and CEO of Bitnomial. “Broker intermediation and Clearinghouse net settlement provide the capital efficiency traders need. We’re bringing leveraged spot crypto trading back to the U.S. with CFTC oversight.” BREAKING: CFTC announces spot Bitcoin and crypto can now trade on CFTC-registered exchanges CFTC said this is to help “make America the crypto capital of the world.” pic.twitter.com/dfzuNPtrTa — Bitcoin Magazine (@BitcoinMagazine) December 4, 2025 Pham emphasized that the new framework gives Americans a safer alternative to offshore platforms, which have often been described as the “wild west.” Speaking on Fox News, she highlighted the collapse of FTX as a cautionary tale, noting that many investors lost out due to a lack of regulatory protections. “Not only do we want Americans to come back home to trade where they have the protections they deserve, but this also encourages U.S. companies to invest, build, and hire here,” Pham told Fox Business. Under the new system, all orders—retail and institutional—will receive equal treatment. There is no preferential routing, no informational advantage, and equal access to liquidity, a structure long sought by industry participants. For brokers and institutions, the move resolves longstanding compliance challenges related to state money transmitter rules, finally providing access to a federally regulated spot market. The launch represents the culmination of Pham’s pro-innovation leadership at the CFTC. By recognizing that retail commodity transactions can be offered on a DCM and cleared through a DCO, the agency has created a compliant pathway for domestic leveraged spot crypto trading. United States as a global crypto leader This approach aligns with broader goals to make the U.S. a global hub for digital asset markets while maintaining investor protections. The convergence of spot, perpetuals, futures, and options on a single platform also transforms capital efficiency for traders. Rather than maintaining fully collateralized positions across multiple venues, they can now offset risk across all product types on one exchange. The Bitnomial platform is scheduled to go live the week of December 8, 2025. Pham called it a “historic milestone” for U.S. crypto markets and a key step in establishing the country as a leader in digital asset innovation. CFTC greenlights Polymarket Earlier this week, Polymarket, the crypto-based prediction market platform, launched a U.S.-focused app today after receiving CFTC approval, ending nearly four years of restrictions on American users. Polymarket bypassed the traditional multi-year CFTC registration by acquiring QCEX, a registered platform, for $112 million, and received a no-action letter in September to resume U.S. operations. The platform upgraded its systems to meet CFTC requirements, including enhanced surveillance, clearing procedures, and regulatory reporting. It now supports direct Bitcoin deposits alongside stablecoins and has attracted potential investor interest, including a possible $2 billion investment from Intercontinental Exchange. The CFTC was created in 1974 to regulate derivatives markets like futures, options, and swaps. Its mission is to oversee markets, prevent abuses, and protect customer funds. The agency monitors exchanges, trading platforms, and intermediaries, while its Division of Enforcement investigates violations. This post CFTC Opens Door for Spot Bitcoin and Crypto Trading in U.S. Markets first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 4, 2025 · Edited

Jack Mallers’ Twenty One Capital Wins Approval for CEP Merger, Poised for Public Debut on Nasdaq

Bitcoin Magazine Jack Mallers’ Twenty One Capital Wins Approval for CEP Merger, Poised for Public Debut on Nasdaq Twenty One Capital, Inc. (“Twenty One”) led by CEO Jack Mallers and Cantor Equity Partners, Inc. (“CEP”) announced on the 3rd of December that their shareholders approved the combination of the two businesses, meaning that Twenty One is set to go public very soon. The vote is expected to have received a lot of attention from retail shareholders, as the Mallers announced it on their podcast to more than 43 thousand subscribers and their X with half a million followers. The vote took place at the Extraordinary General Meeting of CEP’s shareholders, who approved the previously announced proposed business combination between the parties as well as all other proposals related to the Business Combination. “The final voting results for the Meeting will be included in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission by CEP,” according to a press release published by the company. Subject to the satisfaction of other closing conditions described in the CEP’s definitive proxy statement and Twenty One’s final prospectus, the consummation of the related transactions should take place in the coming days, leading to Twenty One Capital, Inc. and its Class A common stock to start trading on the NYSE with the symbol “XXI” on December 9th, 2025. The company is expected to exit its “quiet period” after this point and make a series of announcements about the future of the business. XXI announced earlier this year that it had received investment from Tether and Softbank, leading to the purchase of 42,000 bitcoins, which will position it as one of the largest public owners of the asset and is expected to unlock new financial service offers for Strike customers, Jack’s growing Bitcoin financial services app, and Cash App competitor. You can read the full press release on the vote here for full disclaimers and details. This post Jack Mallers’ Twenty One Capital Wins Approval for CEP Merger, Poised for Public Debut on Nasdaq first appeared on Bitcoin Magazine and is written by Juan Galt.

by Bitcoin Magazine (News Bot) Dec 4, 2025 · Edited

VTB Pushes to Open Russia’s First Bank-Run Bitcoin Trading Desk as Kremlin Moves to Classify Mining as an Export

Bitcoin Magazine VTB Pushes to Open Russia’s First Bank-Run Bitcoin Trading Desk as Kremlin Moves to Classify Mining as an Export Russia’s second-largest lender, VTB, is positioning itself to become the first major bank in the country to let customers trade bitcoin and crypto directly. Andrey Yatskov, head of VTB’s brokerage arm, told Russian outlet RBC that client demand for “real” crypto — not just derivative products — is rising sharply. “As we see it, real cryptocurrency will be available for purchase via our brokerage accounts,” he said, according to DLNews reporting. The move comes despite the fact that crypto trading remains unregulated in Russia. For now, banks can only offer crypto-linked derivatives, a permission granted earlier this year to VTB, rival Sberbank, and the Moscow Exchange. But momentum in Moscow has turned. After years of pushing for a full ban, the central bank has recently signaled it is ready to regulate crypto instead, reflecting mounting pressure from lawmakers, ministries, and businesses eager for a legal framework — and tax revenue. VTB plans to test its trading platform with “super-qualified clients,” those holding over $1.3 million in assets or earning more than $649,000 a year. The bank expects broader permission as regulators ease restrictions, a shift the central bank’s first deputy governor called a “strategic response to sanctions regimes.” Commercial banks now see themselves playing a central role in a future market of licensed crypto brokers and depositories. Yatskov said clear rules would “definitely boost” transparency and confirmed VTB intends to participate once regulations are finalized. JUST IN: Russia's second-largest bank, VTB, set to launch #Bitcoin & crypto trading in 2026. Russia is coming pic.twitter.com/oCHVOYCVEd — Bitcoin Magazine (@BitcoinMagazine) December 4, 2025 Crypto is already finding new footholds in Russia, from cross-border payments to a rapidly expanding industrial mining sector. With the tide turning, VTB aims to launch full crypto trading services as early as 2026. Earlier this year, the Bank of Russia reportedly started allowing domestic banks to conduct limited crypto operations under tight regulatory oversight. “We hold conservative views and think about how appropriate it is for the banking sector to include cryptocurrency in its assets,” First Deputy Chairman Vladimir Chistyukhin said at the time. Kremlin adviser pushes to classify crypto mining as an export in Russia’s trade accounts In the meantime, a senior Kremlin official is saying that Russia should treat crypto mining as a formal export sector, arguing that large volumes of mined Bitcoin effectively leave the country’s economy even without crossing a physical border. Speaking at the ‘Russia Calling!’ investment forum, Maxim Oreshkin — Deputy Chief of Staff to President Vladimir Putin — said crypto flows are “enormous” yet absent from official statistics, despite influencing the foreign-exchange market and Russia’s balance of payments. Russia legalized industrial crypto mining in 2024, and Oreshkin described the sector as a “new and undervalued export item” that the state fails to properly measure. Because Russian firms increasingly settle import bills with cryptocurrency, he said, those transactions should be counted in the nation’s trade and currency calculations. Industry executives say the scale justifies the shift. Via Numeri Group CEO Oleg Ogienko estimates Russian miners will produce “tens of thousands” of BTC this year. Sergey Bezdelov, head of the Industrial Mining Association, put output at roughly 55,000 BTC in 2023 and around 35,000 BTC in 2024 following Bitcoin’s halving. Regulators have tightened oversight as the sector expands. Companies and sole proprietors must register with the Federal Tax Service, hosting providers are tracked in a dedicated registry, and miners face corporate tax rates as high as 25%. Household miners remain exempt from registration only if their power consumption stays under 6,000 kWh per month. The push to formalize the industry comes as authorities crack down on illegal operations that siphon electricity and evade taxes — losses officials say run into the millions. But with Russia now the world’s No. 2 Bitcoin-mining nation, pressure is mounting for Moscow to integrate the fast-growing sector into its national accounts. This post VTB Pushes to Open Russia’s First Bank-Run Bitcoin Trading Desk as Kremlin Moves to Classify Mining as an Export first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 3, 2025 · Edited

Bitcoin Price Dances with $94,000 as Institutional Demand Fuels a Bullish Setup

Bitcoin Magazine Bitcoin Price Dances with $94,000 as Institutional Demand Fuels a Bullish Setup The bitcoin price is trading near $93,000, with roughly $81 billion changing hands in the past 24 hours. The price is up 3% on the day, holding just 1% below today’s high of $93,929 and about 3% above the weekly low near $90,837. Nearly 19.96 million BTC are in circulation, inching toward the fixed 21 million cap. The move pushed Bitcoin’s global market value to $1.86 trillion, also up 3% over the same period. According to analysts, the Bitcoin price briefly dipped under its Metcalfe-based fair value for the first time since 2023, signaling what analysts say is a classic late-cycle reset. The move came during a sharp 36% drawdown that dragged the Bitcoin price towards $80,000 last week, erased excess leverage and flushed out speculative positions. According to network economist Timothy Peterson, periods when bitcoin trades below its fundamental network value have historically produced strong forward returns. Twelve-month gains have averaged 132%, with positive performance occurring 96% of the time, according to CoinDesk reporting. The network’s internal dynamics have also shifted. Long-term holders accumulated roughly 50,000 BTC over the past ten days, reversing months of steady distribution. Coins are maturing from short-term traders into long-term storage, reducing sell pressure at a moment when bitcoin is attempting to reclaim higher levels. Bitcoin recovered back above $90,000 this week and traded at highs of $93,978 on Wednesday. Bitcoin price and macro conditions Macro conditions are now converging with on-chain signals. The Federal Reserve just ended Quantitative Tightening, with markets pricing a December rate cut as nearly certain. Historically, each QT reversal has coincided with major bitcoin rallies. The pattern dates back to 2010 and includes the explosive 2013 cycle and the post-2019 surge that eventually carried the bitcoin price to $67,000. Business-cycle indicators may also be turning. The copper-to-gold ratio, a leading gauge for U.S. manufacturing sentiment and future PMI strength, appears to be bottoming. Bitcoin’s recent stagnation despite expanding global liquidity suggests investors have been reacting more to weakening economic confidence than to crypto-specific factors. A recovery in risk appetite would likely benefit bitcoin after months of consolidation. The short-term picture remains fragile. A bearish November close confirmed a monthly MACD cross, a signal that often precedes multi-month periods of slower momentum. Key levels near $85,000 and $84,000 continue to act as support, while analysts warn that a breakdown could open the door to a deeper test of $75,000. Bitcoin price remains down sharply from its $126,000 record set in October, though volatility has eased as liquidations subside. Institutional participation continues to grow despite turbulence. BlackRock increased internal exposure to its IBIT ETF, JPMorgan introduced a structured note tied to the product, and Strategy Inc. expanded its bitcoin holdings while setting aside a $1.4 billion reserve to reassure investors it will not be forced to sell. Earlier today, Charles Schwab said it also wants to offer Bitcoin trading in early 2026. Also earlier today, BlackRock CEO Larry Fink said he was “wrong” about Bitcoin, marking a sharp reversal from his past skepticism. Speaking at the NYT DealBook Summit, Fink called Bitcoin “an asset of fear,” bought during times of geopolitical stress, financial insecurity, or currency debasement. He warned it remains volatile and by leverage but said it can act as meaningful portfolio insurance. ““If you’re buying it as a hedge against all your hope, then it has a meaningful impact on a portfolio… the other big problem of Bitcoin is it is still heavily influenced by leveraged players,” Fink said. JUST IN: BlackRock CEO Larry Fink says he was wrong to be a Bitcoin critic and changed his views "My thought process always evolves. This is a big shift in my opinion." pic.twitter.com/4PhDuoy5Le — Bitcoin Magazine (@BitcoinMagazine) December 3, 2025 BlackRock now offers major crypto products and is building tokenization tech, with Fink seeing a “large use case” for Bitcoin and digital assets. Also during the summit, Brian Armstrong, the CEO of Coinbase, said that there is “no chance” of the bitcoin price going to zero. At the time of publication, the bitcoin price is $92,923. This post Bitcoin Price Dances with $94,000 as Institutional Demand Fuels a Bullish Setup first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 3, 2025 · Edited

BlackRock CEO Larry Fink Says He Was Wrong About Bitcoin, Reveals a ‘Big Shift’ in His View

Bitcoin Magazine BlackRock CEO Larry Fink Says He Was Wrong About Bitcoin, Reveals a ‘Big Shift’ in His View BlackRock CEO Larry Fink has shifted his perspective on Bitcoin — and he openly acknowledged the change. Speaking at the NYT DealBook Summit on Wednesday, Fink stated that he now sees potential in Bitcoin. Fink was once a vocal critic who famously labeled Bitcoin “an index for money laundering,” Today, Fink described Bitcoin as “an asset of fear,” elaborating that investors frequently purchase it in response to concerns about financial security, geopolitical instability, or the ongoing debasement of traditional assets caused by growing deficits. “If you bought it for a trade, it’s a very volatile asset, you’re going to have to be really good at market timing, which most people aren’t,” Fink said. “If you’re buying it as a hedge against all your hope, then it has a meaningful impact on a portfolio… the other big problem of Bitcoin is it is still heavily influenced by leveraged players.” Fink, speaking alongside Coinbase CEO Brian Armstrong, noted that market movements — like a recent 20–25% drawdown in Bitcoin — often reflect broader events, such as trade agreements with China or potential settlements in Ukraine. Despite all this, Fink still suggested it can serve as meaningful portfolio insurance for those holding it as a hedge rather than for short-term trading. Fink emphasized that his perspective has evolved through years of client interactions and discussions with policymakers, calling his change of heart a “very glaring public example” of the need to reassess strong opinions. Meanwhile, BlackRock, the $13.5 trillion asset manager Fink helped build, now offers several crypto products, including a major Bitcoin ETF, marking a stark contrast to his earlier skepticism. “There is no chance” that Bitcoin goes to zero, said Mr. Armstrong, who sat beside Fink. Fink also shared an optimistic view for the asset: “I see a big, large use case for Bitcoin,” he said. JUST IN: BlackRock CEO Larry Fink says he was wrong to be a Bitcoin critic and changed his views "My thought process always evolves. This is a big shift in my opinion." pic.twitter.com/4PhDuoy5Le — Bitcoin Magazine (@BitcoinMagazine) December 3, 2025 BlackRock’s bold embrace of bitcoin and crypto Back in October, BlackRock said they were developing technology to tokenize a wide range of assets, including real estate, equities, and bonds. Fink said at the time that global digital wallets held over $4.5 trillion across crypto, stablecoins, and tokenized assets. He noted much of this capital was outside the U.S., presenting opportunities to reach new investors. Fink said tokenization could allow crypto entrants to access traditional long-term products, like retirement funds. He described Bitcoin and crypto as serving a similar purpose to gold. This post BlackRock CEO Larry Fink Says He Was Wrong About Bitcoin, Reveals a ‘Big Shift’ in His View first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 3, 2025 · Edited

Bitcoin And Crypto Prediction Platform Polymarket Rolls Out US App Today After CFTC Approval

Bitcoin Magazine Bitcoin And Crypto Prediction Platform Polymarket Rolls Out US App Today After CFTC Approval Polymarket, the crypto-based prediction market platform, has officially launched a U.S.-focused app following approval from the Commodity Futures Trading Commission (CFTC). The move lifts nearly four years of restrictions preventing American users from participating in its blockchain-powered prediction markets. Initially available in the App Store under the sports category, the app allows U.S. users to place bets on sports events, with plans to expand into other markets including proposition bets and election wagers. The app is opening access gradually, inviting users from a previously established waitlist, though not all applicants have received invitations yet. Polymarket bypassed the traditional, multi-year CFTC registration process by acquiring QCEX, an already-registered platform, for $112 million in July. The company received a no-action letter from the CFTC in September, allowing it to resume operations legally in the U.S. after its 2022 settlement over unregistered event contracts. Polymarket’s CFTC approval In November, Polymarket secured an Amended Order of Designation from the U.S. Commodity Futures Trading Commission (CFTC), allowing it to operate as an intermediated trading platform under the full set of federal rules for U.S. exchanges. The approval enabled the platform to onboard brokerages and customers directly, allowing users to trade through futures commission merchants (FCMs) and access traditional custody, reporting, and market infrastructure. To comply with the CFTC’s requirements, Polymarket upgraded its systems, introducing enhanced market surveillance, supervision policies, clearing procedures, and Part 16 regulatory reporting. The platform remains fully subject to the Commodity Exchange Act and other CFTC regulations, including self-regulatory obligations. The platform had been barred from operating in the U.S. in 2022 after offering unregistered derivatives contracts. Its return followed the acquisition of QCEX, a regulated contract market and clearinghouse, for $112 million, which enabled the company to bypass a lengthy registration process. Earlier this year, the platform also introduced support for direct bitcoin deposits, allowing users to fund accounts with BTC alongside stablecoins like USDC and USDT. The platform has attracted significant investor interest. In November, reports indicated that Intercontinental Exchange (ICE), owner of the New York Stock Exchange, is considering a $2 billion investment that could value Polymarket between $8 billion and $10 billion. Earlier funding discussions reportedly placed the company’s valuation at $12–15 billion. Investors also include 1789 Capital, backed by Donald Trump Jr. Polymarket’s competitors, such as Kalshi, are also expanding, with Kalshi recently Kalshi raising $1 billion at a $11 billion valuation, doubling value in under two months This post Bitcoin And Crypto Prediction Platform Polymarket Rolls Out US App Today After CFTC Approval first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 3, 2025 · Edited

Neopool Reports Record $15+ Million in Bitcoin Payouts to Miners in November 2025

Bitcoin Magazine Neopool Reports Record $15+ Million in Bitcoin Payouts to Miners in November 2025 Dubai, UAE – December 1, 2025 — Mining pool Neopool reported a record 169 BTC (approximately $15 million USD) in payouts to its global miner network for November 2025. This volume reflects Neopool’s expanding market presence and operational performance since its inception earlier this year. Independent data from miningpoolstats.stream continues to rank Neopool as the most efficient mining pool worldwide. “Reaching $15 million in monthly payouts is a direct result of the trust our mining partners place in us,” stated Andrei Kapeikin, CEO of Neopool. “We built Neopool to offer more than just scale; we deliver the efficiency, transparent FPPS payouts, and dependable daily settlements that directly enhance miner profitability.” The pool’s growth has been rapid, breaking into the global top-15 within months. This performance is driven by proprietary optimization technology, a low-latency global routing infrastructure, and a foundational commitment to transparency. The November record was set during a period of increased Bitcoin network difficulty, demonstrating how Neopool’s technical focus provides a competitive edge. “Other pools often prioritize hash rate volume,” Kapeikin noted. “We’ve shown that technical excellence and transparency are what ultimately drive value. Our miners’ daily results — and this monthly record — are the proof.” Neopool remains focused on advancing its infrastructure and optimization algorithms, strengthening its position as an independent, high-performance alternative for the global mining community. For details on performance metrics and mining solutions, visit neopool.com. About Neopool Neopool is a next-generation Bitcoin mining pool, rapidly achieving a top-15 global ranking and the #1 spot for daily PPS efficiency. Founded by a team with over a century of combined experience in mining and IT, we combine proprietary algorithms, robust infrastructure, and transparent FPPS payouts. We serve miners worldwide with automated daily settlements, a low 0.001 BTC payout threshold, and 24/7 support. Contacts: Kseniya PR manager kseniya.v@neopool.com Disclaimer: This is a sponsored press release. Readers are encouraged to perform their own due diligence before acting on any information presented in this article. This post Neopool Reports Record $15+ Million in Bitcoin Payouts to Miners in November 2025 first appeared on Bitcoin Magazine and is written by Bitcoin Magazine.

by Bitcoin Magazine (News Bot) Dec 3, 2025 · Edited

UK Passes Bill Formally Recognizing Crypto as a New Category of Property

Bitcoin Magazine UK Passes Bill Formally Recognizing Crypto as a New Category of Property The United Kingdom has officially written crypto into its legal framework as a distinct form of property. On Tuesday, the Property (Digital Assets etc.) Act 2025 received Royal Assent from King Charles III, completing its passage through Parliament and creating a third, legally recognized category of property specifically for digital assets. The act passed both houses without amendment. The new classification places assets such as bitcoin, stablecoins and NFTs into a bucket separate from traditional “things in possession,” like physical objects, or “things in action,” like contractual rights. Policymakers say the reform was needed to modernize property law for the digital era. “A third category of property now exists, and it finally gives legal protection to the sats you hold,” said Susie Ward, CEO of Bitcoin Policy UK. Her group’s Chief Policy Officer, Freddie New, called the act potentially “the biggest change in English property law since the Middle Ages.” The reform stems from a 2023 recommendation by the Law Commission, which argued that digital assets did not fit neatly into existing legal categories. The bill was introduced in the House of Lords in September 2024 before moving swiftly through Parliament. While U.K. courts had already been treating crypto as property in rulings over the past several years, the approach relied on case-by-case judgments. BREAKING: UK passes law officially recognising crypto as property. pic.twitter.com/d7HvkUyFEG — Bitcoin Magazine (@BitcoinMagazine) December 3, 2025 Crypto’s ‘clearer legal’ footing Trade association CryptoUK said codifying the principle in statute offers much clearer legal pathways in matters involving theft, fraud, insolvency and estate planning. “This gives digital assets a much clearer legal footing — especially for things like proving ownership, recovering stolen assets, and handling them in insolvency or estate cases,” CryptoUK said in a statement on X. Lawmakers also framed the legislation as a boost to consumer and investor protection. “By recognizing digital assets in law, the U.K. is giving consumers clear ownership rights, stronger protections, and the ability to recover assets lost through theft or fraud,” Gurinder Singh Josan, co-chair of the Crypto and Digital Assets All Party Parliamentary Group, told CoinDesk. The Royal Assent was formally announced in the House of Lords around 2:30 p.m. Tuesday, marking the moment the bill became law. UK’s bitcoin ETN ban lift Earlier this year, the U.K. lifted its four-year ban on retail access to bitcoin and crypto ETNs, allowing firms to offer the products on FCA-approved exchanges. After the ban, BlackRock then launched its fully backed iShares Bitcoin ETP (IB1T) on the London Stock Exchange. Meanwhile, the UK government is reportedly weighing a ban on crypto donations to political parties as it drafts its upcoming Elections Bill, according to people familiar with internal discussions and POLITICO reporting. The move would directly affect Nigel Farage’s Reform UK, which became the first British party to accept digital asset donations and has already received several. This post UK Passes Bill Formally Recognizing Crypto as a New Category of Property first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 3, 2025 · Edited

Horeb Energy and Veolia Are Mining Bitcoin At 2.5¢/kWh With Colombian Landfil Biogas

Bitcoin Magazine Horeb Energy and Veolia Are Mining Bitcoin At 2.5¢/kWh With Colombian Landfil Biogas Colombian Bitcoin and crypto mining company Horeb Energy reveals 2.5 cents per kWh of green biogas energy in the North Santander region of the Latin American country. The company has achieved energy prices 50% lower than the North American average of 3.5 to 6 cents per kwh for Bitcoin mining operations, through a strategic alliance with multinational energy company Veolia. Authorized in 1853 by Napoleon III to help build out public water works infrastructure in France, Veolia is a global leader in environmental services focused on water, waste, and energy solutions. Today in Norte de Santander, Colombia, the company operates critical facilities dedicated to biogas valorization and solid waste management — a common problem in Colombia and Latin America in general, known for massive landfills. Veloia also operates the “Centro Inteligente de Gestión Ecológica” – CIGE Guayabal landfill, a pioneer in biogas systems development in the region. Horeb Energy — the Bitcoin mining arm of the operation — specializes in technological solutions for biogas treatment and renewable energy production from waste. “It’s collaboration with Veolia in this pilot project sets a milestone for new sustainable business models in the global cryptocurrency mining sector,” the company said in a press release, adding that “The project aims to reduce the region’s carbon footprint significantly and demonstrates Veolia’s strong commitment to accelerating the ecological transformation of local territories.” Through this pilot project, biogas generated at the CIGE Guayabal landfill by Veolia is transformed into electricity to supply a secure, standalone data center dedicated to cryptocurrency mining. Horeb Energy oversees advanced biogas filtration and energy conversion processes, and the Bitcoin mining dimension, which unlocks new economic models for energy infrastructure development in the region. One year after its launch, the program boasts tangible results with the production of “nearly 1,000 kWh of 100% renewable energy”, powering an entirely off-grid Bitcoin container and mining system. This unique approach in the Colombian market provides an alternative use for methane gas — a byproduct of waste decomposition that poses environmental challenges for landfills. Humberto Posada Cifuentes, General Manager of Veolia in Norte de Santander, said in a press release that this pilot “demonstrates that with innovation and strong local leadership, we can turn waste into value and contribute meaningfully to the clean energy transition.” Arley Lozano, Operations Manager of Horeb Energy, told Bitcoin Magazine that they had achieved 2.5 cents a kWh in green energy, adding that “we are proud that this project has been developed by local talent in partnership with Veolia. Our goal is to replicate this model in other municipalities across Colombia and throughout Latin America.” This post Horeb Energy and Veolia Are Mining Bitcoin At 2.5¢/kWh With Colombian Landfil Biogas first appeared on Bitcoin Magazine and is written by Juan Galt.

by Bitcoin Magazine (News Bot) Dec 2, 2025 · Edited

Bitcoin Equities Jump as Strategy ($MSTR) Leads Sector Rebound

Bitcoin Magazine Bitcoin Equities Jump as Strategy ($MSTR) Leads Sector Rebound Bitcoin-linked stocks surged on Tuesday as the broader crypto market staged a sharp recovery and Bitcoin reclaimed the $91,000 level. Strategy was the standout mover, rising faster than both Bitcoin itself and most major tech names at times. MSTR shares climbed 8.66% at times to $186.26, lifted by heavy trading volume that exceeded 4.4 million shares. MSTR is currently trading at $182.74. The move slightly outpaced Bitcoin’s rebound to $91,000 and signaled renewed appetite for high-beta exposure to the digital asset through equities. Other crypto-adjacent stocks also advanced, including the iShares Bitcoin Trust ETF, which gained more than 7%, and smaller firms such as Smarter Web Company and Metaplanet Inc., which posted mid–single-digit gains. Capital B saw the largest percentage move of the group, trading more than 10% higher at times today. The surge in Bitcoin equities came as institutional demand accelerated across the market. Trading desks reported strong flows into Bitcoin ETFs, a trend that has intensified as major Wall Street firms open the door to regulated crypto products. Strategy won’t sell its Bitcoin Strategy’s rally also followed new comments from CEO Phong Le, who spoke with Bloomberg about the company’s balance sheet strategy and long-term commitment to Bitcoin. Le reiterated that Strategy has no plans to sell Bitcoin except as a last resort and said the company remains firmly committed to paying dividends on its preferred shares. He argued that maintaining the dividend helps prevent uncertainty from spreading through the company’s capital structure, adding that the goal is to pay it “in perpetuity,” even though the board retains the ability to pause payments. Le addressed concerns about leverage, pushing back on the idea that the company is overextended. He said Strategy’s leverage ratio stands at roughly 12%, or 27% when preferred shares are included — far below levels seen in typical U.S. corporations. The company recently raised $1.44 billion in equity in just over a week, enough to cover nearly two years of dividend obligations. Le said Strategy also now holds multiple years of dividend capacity in its Bitcoin reserves, reducing the risk that it would need to liquidate holdings during market stress. The company is building a cash reserve designed to cover two to three years of dividend payments, a buffer Le expects to maintain for at least the next five to ten years. He again rejected the view that Strategy should be treated like a closed-end fund or ETF, arguing that the firm is a fully operational Bitcoin-focused company with employees, products and revenue, not a passive investment vehicle. He said the company has begun educating MSCI and other index providers on the distinction as they review whether digital-asset treasury companies should remain in major indices. Strategy might start lending Bitcoin Le also said MicroStrategy is evaluating opportunities to participate in Bitcoin lending once large U.S. banks fully enter the space. Discussions are already taking place with institutions preparing to offer custody and lending services. He emphasized that traditional banks bring the kind of scale and balance-sheet strength MicroStrategy wants in potential partners. Bitcoin’s own rebound was decisive. The asset traded near $91,100 late Tuesday, rising 8% in 24 hours as volume approached $78 billion, one of the strongest sessions in weeks. The move lifted Bitcoin above its seven-day high and kept it comfortably above last week’s low near $84,000. The bounce came just as several major financial institutions made their most aggressive moves yet into Bitcoin investment products. Bank of America announced that its 15,000 wealth advisers will be permitted to recommend crypto exposure for the first time. Beginning January 5, the bank will support allocations of 1% to 4% through a select group of Bitcoin ETFs, ending years of internal restrictions. In a separate reversal, Vanguard opened its platform to Bitcoin ETFs and crypto-linked mutual funds for the first time. The decision gives more than 50 million brokerage clients access to regulated Bitcoin exposure, marking a major shift for a firm that previously dismissed Bitcoin as too speculative for long-term investors. This post Bitcoin Equities Jump as Strategy ($MSTR) Leads Sector Rebound first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 2, 2025 · Edited

American Bitcoin Stock ($ABTC) Collapses Over 50% as Crypto Volatility Continues Slamming Trump-Linked Ventures

Bitcoin Magazine American Bitcoin Stock ($ABTC) Collapses Over 50% as Crypto Volatility Continues Slamming Trump-Linked Ventures American Bitcoin’s stock unraveled in real time Tuesday. The mining and Bitcoin-treasury company co-founded by Eric Trump saw its stock plunge more than 50% in the first hour of trading, triggering multiple halts and wiping out months of speculative gains. The company, listed on Nasdaq under the ticker ABTC, had already been reeling from Bitcoin’s steep pullback over the past month. But the speed of Tuesday’s sell-off stunned even veteran crypto-equity watchers. Shares collapsed to an intraday low of $1.75, a 51% drop, before stabilizing slightly. By time of writing, the stock is still down more than 35%. No single headline set off the avalanche. But market conditions were brittle. A day earlier, nearly $1 billion in leveraged crypto positions were liquidated. Bitcoin had crashed to the mid-$85,000s. A miner tied to a political brand Eric Trump and Donald Trump Jr. helped launch American Bitcoin earlier this year. Eric serves as co-founder and chief strategy officer. Donald Trump Jr. is listed as an investor. Their involvement gave the company immediate name recognition, but also tied ABTC’s identity to one of the most politically charged families in America. The firm was spun out of Hut 8 and went public in September through a reverse-merger with Gryphon Digital Mining. The market liked the story at first. Shares spiked to $9.31 in the early days. Some traders treated it like another Trump-themed momentum play. But that momentum hasn’t lasted. Since that September peak, the stock is now down more than 78%. SEC filings show most insiders, including the Trump sons, are barred from selling shares until at least March 2026. That ruled out insider-dumping speculation. Bitcoin rebounds — but American Bitcoin doesn’t What made Tuesday’s collapse even more striking was that it happened as Bitcoin surged. After the Monday washout, BTC roared back above $91,000 by midday Tuesday. Most crypto-exposed stocks bounced. American Bitcoin wasn’t one of them. Heavy volume — more than 55 million shares, compared with a 3 million daily average — signaled a stampede for the exits. ABTC’s business is deeply tied to the price of Bitcoin. The company says it holds more than 3,000 BTC accumulated through mining and market purchases. In its third-quarter report, American Bitcoin posted $64.2 million in revenue and $3.5 million in net income. These are fairly healthy numbers — better than many miners. Trump-linked crypto ventures take a hit The sell-off has extended beyond ABTC. WLFI, the token tied to World Liberty Financial, fell more than 30% from its recent high, according to Bloomberg. ALT5 Sigma, which holds WLFI in its treasury, dropped over 80%. Trump Media & Technology Group, the operator of Truth Social, also fell sharply after its $2 billion Bitcoin and crypto holdings lost roughly 25% of value. Donald Trump’s stake in Trump Media has declined by an estimated $800 million since September. Other Trump-related crypto ventures, including miners, tokens, and meme coins, also faced heavy losses. Eric Trump has called all bitcoin volatility a “buying opportunity,” saying investors who embrace dips could benefit. This post American Bitcoin Stock ($ABTC) Collapses Over 50% as Crypto Volatility Continues Slamming Trump-Linked Ventures first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 2, 2025 · Edited

Bitcoin Price Roars Above $91,000 as Wall Street Ramps Up Its Bitcoin Buying Plans

Bitcoin Magazine Bitcoin Price Roars Above $91,000 as Wall Street Ramps Up Its Bitcoin Buying Plans Bitcoin price ripped back above $91,000 on Tuesday, extending a powerful rebound as Wall Street institutions deepen their push into digital assets. The bitcoin price traded at $91,089 at press time, up 8% over the past 24 hours. Trading volume surged to $78 billion, marking one of the strongest sessions of the past month. Bitcoin price is now sitting just above its 7-day high of $89,966 and remains 7% above last week’s low of $83,989. The asset’s market cap stands at $1.79 trillion, rising 5% in a day as fresh institutional flows hit the market. Momentum flipped sharply in the early morning session. BTC blasted through the $90,000 level after holding key weekend support zones. The rebound comes at a moment when major banks and brokerages — long hesitant — are finally opening the gates to regulated Bitcoin exposure. Banks and Wall Street affecting Bitcoin price Bank of America is making its most aggressive move into digital assets yet. The bank will now allow its 15,000 wealth advisers to recommend a 1%–4% crypto allocation, a dramatic shift that brings one of the country’s largest institutions fully into the Bitcoin ETF era. The change takes effect January 5, when the bank’s chief investment office begins formal research coverage of four leading Bitcoin ETFs:Bitwise BITB, Fidelity FBTC, Grayscale Bitcoin Mini Trust and BlackRock IBIT Until now, advisers were barred from discussing Bitcoin unless the client initiated the conversation. That firewall is now gone. Chris Hyzy, CIO for Bank of America Private Bank, said the bank is taking a “measured” approach, framing crypto as a thematic innovation play suitable only through regulated products. Conservative investors are expected to lean toward the 1% range, while higher-risk clients may approach 4%. Bank of America’s move aligns it with peers that have already shifted. Morgan Stanley recommended a 2%–4% Bitcoin allocation in October. BlackRock has also argued that 1%–2% in BTC improves long-term portfolio efficiency. Meanwhile, another big bank holdout just flipped. Vanguard, the second-largest asset manager in the world, will start allowing Bitcoin and crypto-linked ETFs and mutual funds on its platform starting today. More than 50 million brokerage clients will now gain access to crypto exposure for the first time. The move is a major reversal for Vanguard, which for years called Bitcoin too speculative for long-term portfolios. Bitcoin price analysis: Bulls fight back as analysts eye $75,000 The price action turns sharply higher today, but the broader picture remains tense. Bitcoin price has been in a two-month downtrend since peaking above $126,000 in October. The asset fell nearly 30% before finding support between $83,800 and $84,000, a zone traders defended repeatedly over the past week. Last month’s close was bearish. November produced a large red monthly candle, erasing gains from April through June and confirming a bearish MACD cross on the monthly chart — a high-time-frame signal that historically precedes weak momentum for several months. Key levels are now becoming clearer on the chart. Bitcoin price faces immediate resistance at $91,400, followed by $93,000 and $94,000. There is also heavy resistance between $98,000 and $103,000, which remains a major ceiling for the market. Bulls managed to push the price above $90,000 today, but they still face strong overhead pressure throughout the $91,400–$94,000 zone. On the downside, support sits first at $87,000, which aligns with the 0.146 Fibonacci level, followed by $84,000. Below that, deeper supports appear at $75,000 and the broader $69,000–$72,000 range. The next major support beyond that sits near $57,700. If BTC loses $84,000 again with momentum, analysts from Bitcoin Magazine warn the path to $75,000 opens quickly. The Federal Reserve’s December 9–10 meeting looms large. Markets are pricing an 80%+ chance of a 25 bps rate cut — a move that historically supports risk assets. A pause, however, could trigger another wave of selling. At the time of writing, the bitcoin price trades at $91,039. This post Bitcoin Price Roars Above $91,000 as Wall Street Ramps Up Its Bitcoin Buying Plans first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 2, 2025 · Edited

Bank of America Backs 4% Crypto Allocation for Wealth Clients as Wall Street Embraces Bitcoin

Bitcoin Magazine Bank of America Backs 4% Crypto Allocation for Wealth Clients as Wall Street Embraces Bitcoin Bank of America is urging its wealth management clients to consider placing a small but deliberate slice of their portfolios into digital assets. The bank now recommends a 1% to 4% crypto allocation, marking a significant shift in how one of the country’s largest financial institutions approaches Bitcoin exposure. The guidance applies across Merrill, Bank of America Private Bank, and Merrill Edge, according to a Yahoo Finance report. It also unlocks crypto recommendations for more than 15,000 advisers who were previously restricted from initiating conversations about digital assets unless a client asked for it directly. The change takes effect Jan. 5, when the bank’s chief investment office begins formal research coverage of four bitcoin ETFs. Those funds include Bitwise’s BITB, Fidelity’s FBTC, Grayscale’s Bitcoin Mini Trust, and BlackRock’s IBIT. Chris Hyzy, chief investment officer for Bank of America Private Bank, said the bank is taking a measured approach. A small allocation may suit investors seeking exposure to thematic innovation, he said, but only through regulated products. He also emphasized the need for clear expectations about volatility. JUST IN: Bank of America says its wealth management clients should start getting some crypto exposure in their portfolios. Bullish pic.twitter.com/fuSYgcs0Xu — Bitcoin Magazine (@BitcoinMagazine) December 2, 2025 The bank said the lower end of the 1% to 4% range may better fit conservative clients, while the higher end may appeal to those with stronger risk tolerance. Bitcoin is getting more and more appealing to wealthy investors The policy change reflects rising interest in Bitcoin from wealthy clients. Nancy Fahmy, head of the bank’s investment solutions group, said demand has grown noticeably over the past year. Many clients previously turned to platforms outside the bank to gain exposure to Bitcoin ETFs. The shift puts Bank of America in line with peers that have already integrated Bitcoin exposure into their wealth strategies. Morgan Stanley recommended a 2% to 4% allocation for suitable clients in October, describing Bitcoin as “digital gold” and crypto as a speculative but maturing asset class. The firm also encouraged ETF-based exposure with disciplined rebalancing. BlackRock, the world’s largest asset manager, has argued that a 1% to 2% allocation can improve long-term portfolio efficiency. Fidelity has long maintained a broader 2% to 5% range, with higher suggested allocations for younger investors. Meanwhile, distribution channels continue to open. Bloomberg reported Monday that Vanguard — long resistant to offering any Bitcoin-linked products — will allow select crypto ETFs and mutual funds on its platform starting today. That move follows earlier approvals from Morgan Stanley, Charles Schwab, Fidelity, and JPMorgan Chase. The institutional shift comes during a volatile period for Bitcoin. The asset has fallen roughly 10% over the past year after retracing from record highs above $126,000 reached in October. Still, major banks maintain bullish long-term views. JPMorgan recently set a $170,000 price target, while Standard Chartered reiterated its call for Bitcoin to approach $200,000. At the time of writing, bitcoin is trading at $89,046. This post Bank of America Backs 4% Crypto Allocation for Wealth Clients as Wall Street Embraces Bitcoin first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 2, 2025 · Edited

A Pivotal Moment for Bitcoin Price

Bitcoin Magazine A Pivotal Moment for Bitcoin Price As the Federal Reserve prepares to end Quantitative Tightening (QT), the bitcoin price stands at a critical macroeconomic inflection point. With odds for a December rate cut now pricing it in as almost a certainty, the stage is set for a potential shift in monetary policy that could fundamentally alter the trajectory of Bitcoin and broader risk assets. History suggests that when the Fed’s balance sheet stops contracting, Bitcoin typically experiences significant bullish catalysts. Balance Sheet Reversals and the Bitcoin Price The Fed balance sheet versus Bitcoin chart reveals a compelling pattern. Over Bitcoin’s history, there have been only three previous instances where QT ended and the federal balance sheet began flatlining or expanding. The first occurred on October 27, 2010, followed almost immediately by a massive Bitcoin bull rally. The second instance on September 26, 2012, again resulted in an explosive rally into the 2013 double-peak cycle. The third signal came in 2019, though this one was complicated by the COVID-19 pandemic and initial market crash—yet it eventually drove Bitcoin from around $3,000 to over $67,000. Business Cycle Impact on Bitcoin Price Bitcoin’s recent stagnation despite rising Global M2 suggests that monetary liquidity alone isn’t driving prices. Instead, the asset appears increasingly correlated with traditional business cycle indicators, particularly the U.S. Purchasing Managers Index (PMI). This metric measures manufacturing confidence and economic activity, and its correlation with S&P 500 yearly returns is striking: when PMI rises, equities typically deliver outsized returns; when PMI falls, markets enter periods of underperformance or recession. A leading indicator for PMI trends is the copper-to-gold ratio. This relationship is nearly perfectly correlated, but copper often leads, bottoming ahead of PMI rallies and topping before PMI declines. Currently, the Copper/Gold ratio appears to be bottoming out, aligning with the historical timeline of Fed balance sheet reversals. This suggests the traditional business cycle may be about to turn favorable again after a period of economic softening. Conclusion: Next Move for Bitcoin Price The end of QT, combined with a resurgent Copper/Gold ratio and historical precedent spanning Bitcoin’s entire existence, suggests that monetary conditions are about to become materially more favorable. While Bitcoin has recently lagged traditional assets, this underperformance appears tied to deteriorating economic confidence rather than fundamental weakness in Bitcoin itself. As both monetary policy and business cycle indicators potentially turn positive, the confluence of these forces could mark the beginning of a significant trend reversal. Bitcoin stands positioned to benefit from this dual tailwind, making the coming weeks and months critical for monitoring whether these historical signals finally translate into sustained price appreciation. 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 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 A Pivotal Moment for Bitcoin Price first appeared on Bitcoin Magazine and is written by Matt Crosby.

by Bitcoin Magazine (News Bot) Dec 1, 2025 · Edited

World’s Second Largest Asset Manager Vanguard Opens Its Platform to Bitcoin and Crypto ETFs: Bloomberg

Bitcoin Magazine World’s Second Largest Asset Manager Vanguard Opens Its Platform to Bitcoin and Crypto ETFs: Bloomberg Vanguard Group will allow bitcoin and crypto-linked exchange-traded funds and mutual funds to trade on its platform, reversing a policy that for years barred retail clients from accessing digital-asset products through the firm. Starting Tuesday, Vanguard brokerage customers will be able to trade ETFs and mutual funds that primarily hold select cryptocurrencies, including Bitcoin and other crypto, according to Bloomberg reporting. The move marks a shift for the world’s second-largest asset manager, which has long argued that digital assets were too volatile and speculative for long-term portfolios. The decision follows growing demand from both retail and institutional investors and comes after the approval of spot Bitcoin ETFs in January 2024 ushered billions of dollars into regulated crypto products. BlackRock’s iShares Bitcoin Trust, the largest of those funds, peaked near $100 billion in assets earlier this fall and still manages about $70 billion despite recent price declines. A Bitcoin ETF lets investors gain exposure to Bitcoin without actually buying or storing the cryptocurrency themselves. Instead, the fund holds Bitcoin (or Bitcoin-related contracts) while investors simply buy shares on a stock exchange, with the share price moving alongside Bitcoin’s market value. It’s a convenient and easy way to get invested in Bitcoin. JUST IN: $11 trillion Vanguard to finally allow clients access to #Bitcoin ETFs starting tomorrow — Bloomberg pic.twitter.com/Zwh9N7EbzH — Bitcoin Magazine (@BitcoinMagazine) December 1, 2025 More institutional money coming into bitcoin Vanguard’s change opens access to crypto funds for more than 50 million brokerage customers who collectively oversee more than $11 trillion in assets, as of September 1, 2025. “Cryptocurrency ETFs and mutual funds have been tested through periods of market volatility, performing as designed while maintaining liquidity,” Andrew Kadjeski, Vanguard’s head of brokerage and investments, told Bloomberg. He added that back-office processes for servicing crypto funds have matured as investor preferences evolve. The policy shift comes more than a year after Salim Ramji, formerly a top executive at BlackRock and a longtime blockchain advocate, took over as Vanguard chief executive. While Vanguard will support most crypto funds that meet regulatory requirements, the firm said it will not launch its own crypto products and will continue to exclude funds linked to meme coins. “While Vanguard has no plans to launch its own crypto products, we serve millions of investors with diverse needs,” Kadjeski said. Crypto-linked ETFs remain among the fastest-growing segments in U.S. fund industry history, even after a sharp market pullback, underscoring rising investor appetite for regulated exposure to digital assets. BlackRock recently increased internal exposure to its IBIT spot Bitcoin ETF, with its Strategic Income Opportunities Portfolio now holding 2.39 million shares worth $155.8 million — up 14% since June. Bitcoin jumped on the news, trading above $86,500 at the time of writing. This post World’s Second Largest Asset Manager Vanguard Opens Its Platform to Bitcoin and Crypto ETFs: Bloomberg first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 1, 2025 · Edited

Europol, Swiss Police Dismantle ‘Cryptomixer’ in Major Bitcoin Laundering Crackdown

Bitcoin Magazine Europol, Swiss Police Dismantle ‘Cryptomixer’ in Major Bitcoin Laundering Crackdown Law enforcement agencies in Switzerland and Germany have shut down Cryptomixer.io, one of Europe’s largest illicit Bitcoin-mixing operations. The takedown unfolded between Nov. 24 and 28 in Zurich, with Europol coordinating cross-border support. Authorities seized three servers, the cryptomixer.io domain, more than EUR 25 million in bitcoin and over 12 terabytes of data. A seizure banner (see below) now replaces the site. Investigators say the disruption will fuel new leads tied to ransomware groups, dark-web marketplaces and cross-border money-laundering schemes. Cryptomixer launched in 2016. It quickly became a go-to service for cybercriminals who needed to hide their tracks, Europol said. The platform operated on both the clear web and dark web. Its hybrid design attracted users from ransomware crews, underground forums and online drug markets. Mixers work by pooling user deposits, shuffling them for long, randomised intervals and redistributing them to new addresses. The process breaks the on-chain trail, making it difficult for analysts to trace specific coins. Authorities say Cryptomixer moved more than EUR 1.3 billion worth of bitcoin for clients seeking to wash criminal proceeds. The service was frequently used before funds were pushed to exchanges, ATMs or bank accounts. German federal investigators said the operation generated “billions of euros in revenues,” much of it tied to illegal activity. The Frankfurt Prosecutor General’s Office and the German Federal Criminal Police Office (BKA) worked alongside Zurich city and cantonal police to lead the on-site action. Europol and Eurojust had support from The Hague. Details of the cryptomixer shutdown On the action day, Europol deployed cybercrime specialists to Zurich for forensic assistance and real-time coordination. The agency said its Joint Cybercrime Action Taskforce played a central role in connecting investigators across borders. Europol also noted similarities to its 2023 takedown of ChipMixer, at the time the largest mixer ever dismantled. Swiss authorities said the volume of data seized—over 12 terabytes—will be crucial for mapping wider criminal networks. Investigators believe it contains transaction logs, operational documentation and communication records that may link multiple cybercrime groups. Cryptomixing services have long drawn scrutiny for enabling ransomware payouts, drug sales, weapons trafficking and payment-card fraud. Regulators and agencies across the EU and U.S. have increasingly targeted mixers that advertise anonymity. High-profile precedents include sanctions and criminal charges against Tornado Cash founders in the U.S. and Netherlands. Germany’s BKA said the findings from Cryptomixer “will contribute to the investigation of further cybercrimes.” Both countries signaled that more actions against crypto-laundering infrastructure may follow as forensic teams dig through the seized servers and blockchain data. This post Europol, Swiss Police Dismantle ‘Cryptomixer’ in Major Bitcoin Laundering Crackdown first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Dec 1, 2025 · Edited

Bitcoin Price Teeters at $85,000 as Analysts Eye a Crash to $75,000

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 price band analysts say could determine whether the bitcoin price stabilizes or slides toward a deeper test of $75,000 in the weeks ahead. The pullback extends a two-month downtrend that has erased more than 30% from Bitcoin’s October record highs. Over the past 24 hours, BTC traded between $91,866 and $83,800, with thin liquidity and a surge in forced liquidations accelerating the move. Bitcoin price key levels: $85,000, $84,000 — then $75,000? Bitcoin price closed the week and month at $90,385, showing a brief green weekly candle, but bears quickly regained control, pushing the price down toward $87,000. The close remains below key resistance at $91,400, leaving bulls with an uphill battle. Initial resistance tests at $91,400 and $93,000 failed, with stronger resistance expected between $98,000 and $103,000 if bulls regain momentum, according to Bitcoin Magazine analysts. On the support side, $84,000 held this past week, though the bounce was weak. Bulls aim to defend the 0.146 Fibonacci level at $87,000, while failure to hold $84,000 could open a path down to $75,000. Further support lies between $72,000 and $69,000, with a deeper test of $57,700 if selling pressure intensifies. November’s monthly candle closed strongly bearish, taking out prior green closes from April through June. Although the bitcoin price remains above the 21-month EMA, the close confirmed a bearish MACD cross, signaling sustained subdued momentum over the next two to three months. This aligns with expectations of a potential top in the four-year cycle. In the short term, the bitcoin price may trade in a range as bears consolidate, while bulls attempt to reclaim $91,400 and $94,000. Overall, the market faces downward pressure, and caution is warranted for bulls seeking a reversal. Bitcoin’s November candle erased three months of prior gains and cemented a bearish monthly momentum shift. Analysts tracking the four-year cycle say the latest data adds weight to the argument that October likely marked the cycle top. Federal Reserve, Bitcoin price and corporate bitcoin moves The Federal Reserve’s upcoming December 9–10 meeting looms large. Markets currently assign an 80%–87% probability of a 25-basis-point rate cut — a move that typically supports risk assets and could potentially lift the bitcoin price. But if the Fed stands pat, analysts warn the crypto market could see another wave of selling, especially with Bitcoin’s November close confirming a bearish MACD cross on the monthly chart — a historically powerful signal that often precedes multi-month side-ways trading and consolidation or decline. Bitcoin-linked equities were also rattled Monday. Strategy Inc. (formerly MicroStrategy) announced it created a $1.4 billion reserve to cover at least 21 months of dividend and interest payments, aiming to quash investor fears it might be forced to sell part of its 650,000 BTC stash. The company also disclosed a new purchase of 130 BTC for $11.7 million. The move stabilized the stock after an early market sell-off of over 12% at times. Currently, $MSTR’s stock is down 4% on the day. BlackRock, meanwhile, recently increased internal exposure to its IBIT spot Bitcoin ETF, with its Strategic Income Opportunities Portfolio now holding 2.39 million shares worth $155.8 million — up 14% since June. JPMorgan rolled out a structured note tied to IBIT, offering up to 1.5x upside by 2028. Earlier this week, the price of gold nearly passed $2,300 an ounce. At the time of writing, the bitcoin price is $85,456. On October 6, the bitcoin price hit all-time highs above $126,000. This post Bitcoin Price Teeters at $85,000 as Analysts Eye a Crash to $75,000 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Nov 26, 2025 · Edited

Bitcoin Price Skyrockets Past $90,000 as BlackRock and JPMorgan Deepen Bitcoin Bets

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 ETF, and JPMorgan pitching a complex, high-stakes structured note tied directly to BlackRock’s IBIT fund. Bitcoin price touched 24-hour lows of $86,129 before rebounding above $90,300, continuing a volatile upswing that has defined the fourth quarter. BlackRock’s latest regulatory filing shows the Strategic Income Opportunities Portfolio now holds 2,397,423 shares of IBIT, valued at $155.8 million as of September 30. That’s up 14% from June, when the fund reported 2,096,447 shares. The steady buildup underscores how the world’s largest asset manager is using its internal portfolios to deepen its Bitcoin-linked positions. The moves arrive as demand for structured crypto-linked investments heats up among major banks. JPMorgan’s newly proposed derivative-style note gives institutional clients a way to bet on the future price of Bitcoin through IBIT, currently the largest Bitcoin ETF with nearly $70 billion in assets. The product is unusual — and aggressive. The note sets a price for IBIT next month. If, one year from now, IBIT trades at or above that price, the note is automatically called and investors collect a fixed 16% return. If IBIT trades below the set level in a year, investors stay in the product until 2028. Should IBIT exceed JPMorgan’s next target price by then, investors earn 1.5x their investment with no upside cap. If the Bitcoin price skyrockets, the payouts follow. There’s downside protection, too. If IBIT finishes 2028 down no more than 30%, investors receive their full principal back. But if the ETF falls more than 30%, losses match IBIT’s decline. The structure combines a bond-like wrapper with derivatives exposure, a formula FINRA classifies broadly under its “structured note” category. These notes blend a traditional security with options-based payouts tied to a reference asset — in this case BlackRock’s Bitcoin ETF. The pitch to institutions is simple: predictable returns if Bitcoin price stalls next year, leveraged upside through 2028, and limited long-term downside. The tradeoff is equally clear: no interest payments, no FDIC insurance, and the risk of losing most or all principal. Reporting from The Block helped with this article. Bitcoin price volatility JPMorgan is explicit about the stakes. Its prospectus warns that investors “should be willing to lose a significant portion or all of their principal amount at maturity.” Volatility in Bitcoin, it adds, may be extreme, and the notes remain unsecured obligations of the bank. The bank’s latest move also highlights an ongoing shift in Wall Street’s tone toward Bitcoin. CEO Jamie Dimon once mocked Bitcoin as “worse than tulip bulbs.” Yet JPMorgan is now engineering products that depend on the digital asset’s long-term trajectory. Morgan Stanley has been exploring similar territory. Its own IBIT-linked structured note drew $104 million last month. The bank’s two-year “dual directional autocallable” product offers enhanced payouts if IBIT rises or stays flat, and modest gains if it falls up to 25%. But once losses exceed that level, investors take the hit with no cushion. Analysts say these products reflect a revival in the structured-notes market. Bloomberg reported the sector is recovering from a decade-long slump after the collapse of Lehman Brothers wiped out billions tied to similar instruments. The bitcoin price has fallen more than 30% from its October all-time high, slipping to around $87,000 as a nearly two-month drawdown keeps markets on edge. Mid-tier whale wallets holding 100+ BTC are ticking higher — a potential sign of bargain hunting — but larger whale cohorts continue to offload, contributing to weakened spot demand. Analysts warn that the key $80,000–$83,000 support zone is being tested repeatedly, while Citi says the market lacks the inflows needed to stabilize prices. At the time of writing, the bitcoin price is $90,049. This post Bitcoin Price Skyrockets Past $90,000 as BlackRock and JPMorgan Deepen Bitcoin Bets first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Nov 4, 2025 · Edited

Boltz Exchange Becoming The Leading Bridge Across Bitcoin Layers via “Holy Grail” Technology

Bitcoin Magazine Boltz Exchange Becoming The Leading Bridge Across Bitcoin Layers via “Holy Grail” Technology Boltz, the bitcoin-only instant swap exchange, is cornering a niche sector of the bitcoin industry and quickly becoming a favorite of advanced bitcoin users. Its fully open source tech stack, which is actually trust-less, unlocks a variety of possibilities for the industry, including a zero-custody risk bridge across Bitcoin layers. Boltz exchange was founded in 2019 by Kilian and another pseudonymous co-founder, as a solution to managing liquidity in the Lightning Network for an early Bitcoin Defi project called OpenDex. Realizing quickly how complex lightning liquidity management was, the team ended up pivoting to the maintenance and polishing of Boltz, a liquidity service provider or LSP. Boltz has been self-funded ever since. Boltz infrastructure supports multiple Bitcoin wallets today, such as BTCPay server via a plugin, Aqua wallet, Bull Bitcoin, and Breez, to name a few that are publicly known. As a result, Boltz is becoming an increasingly popular and respected company and open source project, an infrastructure cornerstone of Bitcoin’s Lightning Network today. The Boltz Lightning node is one of the biggest, boasting on its website 759 Channels, 1022 Peers, 84.625 BTC worth of capacity, and 6.60 years since the oldest operating channel was opened, though these metrics are likely out of date. Their Lightning Network support lets advanced lightning node operators ‘balance their channels’ an otherwise complicated process that generally gets obfuscated away from end users of lighting powered Bitcoin wallets. Boltz, however, is more than just an LSP; “We want to be the connecting tissue between all the Bitcoin layers.” Kilian told Bitcoin Magazine in an exclusive interview, discussing the vision and progress of the Boltz exchange so far. Initially built to support Bitcoin on-chain to Lightning Network swaps, today it supports Rootstock and the Liquid Network as well, the most popular ways of using bitcoin by far. To date, Botlz has only dealt in BTC, instead of integrating other blockchains or assets, perfecting its craft and locking in its niche. In 2023, Boltz added support for the powerful and feature-rich Liquid Network, an open-source federated blockchain where federation members hold keys in a large Bitcoin multisig that collateralizes their L-BTC asset in full reserve. Liquid is one of the oldest two Bitcoin projects and was created by Adam Back and Blockstream. Despite having faster block times, a powerful set of programming scripts for smart contracts, and excellent privacy features such as encrypted transaction amounts on chain, Liquid has struggled to get adopted by centralized exchanges, making access to its feature set very difficult. Boltz integration opened a major bridge between on-chain bitcoin and the speed, programmability, and privacy of the Liquid Network, making wallets like Aqua and Bull Bitcoin possible. Shy to share internal numbers, Killian told Bitcoin Magazine the integration “was quite the success story — it was taken on pretty well by the market, it just made sense for people.” Looking back on the market at the time, on-chain bitcoin fees were very high and were causing problems across the industry. Kilian noted, “We had a high fee environment. The main chain was hyper-expensive. So Liquid swaps clicked for a lot of people, and that’s how we really moved into this niche of connecting Bitcoin layers. A Bitcoin bridge for different Bitcoin layers, that’s really how this direction for us was fortified.” In November of 2024, Boltz expanded into Rootstock support, a 2015 era layer two, little known among the English-speaking crowd, though very popular in Latin America, particularly Argentina, where many of its founders are from. Still shy to share internal numbers, Killian told Bitcoin Magazine that the integration with Rootstock has ‘gone well’, likely serving as one of the best ways to turn on-chain bitcoin into rBTC, an essential asset of the Rootstock ecosystem. Rootstock’s claim to fame is bringing to Bitcoin the integration of an Ethereum-compatible “EVM”, the smart contracting language on top of which most of DeFi is built across the crypto ecosystem today. The most interesting feature of Boltz, however, is its use of Atomic Swaps, an ancient “Holy Grail” of Bitcoin theory that can be traced back to the earliest discussions in the Bitcoin Talk forum. Atomic Swaps make it possible for users to trade against Boltz without having to trust the Boltz team or company not to steal the money, a luxury in finance across history. All centralized exchanges require such trust, as do most instant swap exchanges in the market today. Boltz integration with this sophisticated type of smart contract means that anyone can fundamentally run a local instance of Boltz and be a reliable trade partner of the public, without the need to bootstrap a brand or a reputation. But how do Atomic Swaps work? Leveraging the public nature of blockchains, Atomic Swaps function around a shared secret. This secret is used to lock the funds during the trade between two parties. For one party to claim the funds of the other, they must publish this secret to the blockchain, allowing the counterparty to do the same, resulting in the ‘atomic’ execution of the trade. This protocol solves a key issue of trust in business. Who sends the money first? Who sends the goods first? Whoever does, takes a certain amount of risk as it allows the counterparty to take the goods and run. Atomic Swaps eliminate that risk entirely. They essentially allow for the creation of a non-custodial crypto exchange. Though the implementation details and user experience vary, as some blockchains do not have the right script or smart contracting tools to support Atomic Swaps, while fiat is — so far — ruled out entirely as bank transfers are almost always reversible, undoing atomicity. Looking out into the future of Boltz and the programmability of Bitcoin as money for the digital age, Kilian said, “I think we will see a new breed of layer two projects launching early next year. So, probably stuff that you and I have never heard about, but there are so many projects, so much stuff. So this is a really interesting space to be in. And the difficulty, the quest, will be to separate the good from the bad.” This post Boltz Exchange Becoming The Leading Bridge Across Bitcoin Layers via “Holy Grail” Technology first appeared on Bitcoin Magazine and is written by Juan Galt.

by Bitcoin Magazine (News Bot) Nov 4, 2025 · Edited

Bitcoin Price Slump Could Spark Next Bull Run

Bitcoin Magazine Bitcoin Price Slump Could Spark Next Bull Run Recent bitcoin price action has left many investors frustrated. Despite setting new all-time highs above $120,000 earlier this year, the bitcoin price has struggled to keep pace with equities and Gold in recent months. The S&P 500 and precious metals have surged to new records, while Bitcoin has remained range-bound, giving the impression that it’s lagging behind. But when analyzing the market through a lens of capital rotation, this period of underperformance may not last much longer. Relative Gains in the Bitcoin Price While Bitcoin has appeared weak in dollar terms, it remains one of the strongest performers over the past year. BTC has still outperformed both Gold’s 46% and the S&P 500, yet even with that outperformance, the structure of the market makes it feel as though Bitcoin is still under-delivering. Measuring Bitcoin against other assets like equities and Gold rather than the dollar, which is itself depreciating, gives a more accurate view of its purchasing power and real market standing. When charted against the S&P 500, Bitcoin’s performance shows an interesting divergence. The BTC to S&P ratio reveals that while Bitcoin set new USD highs in 2024, its relative value against equities is only just above the previous cycle’s peak. In other words, Bitcoin’s additional purchasing power has barely expanded. If Bitcoin were to reclaim the previous S&P 500 ratio high of ~19.6, it would equate to a bitcoin price of roughly $135,000, given current equity levels. Bitcoin Price vs Gold The Bitcoin to Gold ratio tells a similar story. Despite reaching new highs in dollar terms, BTC actually remains well below its previous cycle’s all-time high when priced in Gold. A full recovery to that ratio would place the bitcoin price near $150,000, and reclaiming the brief 2024 high would push it closer to $160,000. These comparisons help explain why sentiment feels more muted despite record prices. Measured against real-world stores of value, Bitcoin’s performance still trails prior peaks. However, an interesting dynamic has repeated across multiple cycles. Each time Gold has experienced a sharp rally, Bitcoin has followed with a major bull phase shortly after. The pattern appeared in 2012, 2016, and again in 2020 — Gold rallied first, then Bitcoin followed with exponential gains. These Gold spikes seem to mark the early stages of capital rotation, as liquidity moves from defensive safe havens into more speculative, higher-beta assets like BTC. Capital Rotation and the Bitcoin Price That rotation may already be underway again. Gold recently set new highs before losing momentum, while equities have begun to strengthen. Historically, when Gold begins to underperform the S&P 500 after a major rally, it has signaled the start of risk-on conditions in broader markets — the kind that favor Bitcoin. The same capital rotation that occurs within crypto markets, from stablecoins into Bitcoin, then into large-cap and smaller speculative altcoins, may also occur in traditional markets. Liquidity often flows from fiat and bonds into Gold and then equities, before eventually into risk assets like Bitcoin as investor confidence rises. Conclusion: The Bitcoin Price May Soon Lead Again Bitcoin remains tightly correlated with the S&P 500, meaning sustained equity strength is one of the most reliable precursors to bitcoin price outperformance. With Gold potentially topping and equities gaining traction, the next few months could mark the beginning of a new phase of risk appetite. While Bitcoin has felt stagnant and underwhelming in recent weeks, the broader context suggests otherwise. Capital is in motion. The same rotation that has defined every past cycle appears to be setting up once again — and the bitcoin price may soon move from laggard to leader. For a more in-depth look into this topic, watch our most recent YouTube video here: Bitcoin Is Underperforming – But Maybe Not For Much Longer 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 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 Price Slump Could Spark Next Bull Run first appeared on Bitcoin Magazine and is written by Matt Crosby.