'The price of bitcoin will skyrocket' with one condition: Matt Hougan
The Bitwise executive reveals what he believes is the necessary requirement for bitcoin to have a parabolic movement soon. In the midst of the rise of bitcoin (BTC) to more than 97,000 dollars (USD), Bitwise CEO Matt Hougan made an optimistic projection for the market. However, this poses a condition related to the flow of the exchange-traded funds (ETF) of the digital currency.
According to Hougan, 'the price of bitcoin will skyrocket if ETF demand persists in the long term.' To support this idea, he made a comparison of these instruments with gold purchases made by central banks.
Privacy-centered tokens are on the rise, especially as more companies seek to safeguard sensitive information while adhering to the regulatory script. #Dusk is taking a prominent place in this market, using advanced technological solutions to make payroll operations secure and compliant with regulations. They have something great with zero-knowledge proofs (ZKP) that allow confidential transactions without skimping on regulatory requirements, making it a suitable option for SMEs looking to modernize their payroll systems.
$BTC Bitcoin reached a potential demand reactivation zone
If historical patterns repeat, bitcoin would have entered a consolidation period.
Bitcoin (BTC) reached demand reactivation levels this week, as has happened in the past.
The digital asset fell below 90,000 dollars, in a downward movement that has been developing for several weeks and now coincides with technical metrics and on-chain indicators typical of exhaustion phases.
During the week, the short-term momentum continued to deteriorate. The relative strength index (RSI), which measures the speed and change of BTC's price movements, dropped from 34.1 points to 27.3 points in seven days. This places the market in oversold territory. The analysis firm Glassnode points out that such low readings are often associated with seller exhaustion and early stages of stabilization.
In the derivatives markets, bitcoin's bearish pressure intensified strongly in the last week. The cumulative volume delta (CVD) of futures fell to -449.9 million dollars. Meanwhile, the CVD of perpetual contracts also decreased significantly, dropping to -1.000 million dollars, reflecting a clear dominance of the selling side.
The CVD is important as it shows the accumulated difference between aggressive buying volume and aggressive selling volume in the market. Additionally, it helps to understand whether bitcoin's declines or rises are driven by real pressure or if they are more technical and moderate movements.
Little leverage in bitcoin Despite the behavior of the CVD, open interest in bitcoin remained stable at 34.500 million dollars in the last week. This indicates that there was no significant increase in leverage, but rather a more orderly selling process. $BTC
3 cryptocurrencies resist in a bleeding market With most cryptocurrencies and tokens in red, there are a few that stand out for their weekly performance.
The bitcoin (BTC) and cryptocurrency market started the week tinged with red. Proof of this is that, at the time of publishing this article, more than 80 digital assets within the top 100 by market capitalization are recording losses greater than 20%.
In this adverse context, there are a few digital assets that resist the price drop and show strength against this red tide that directly impacts the market. These are telcoin (TEL), AB (AB), and uniswap (UNI).
The first place goes to telcoin (TEL), a cryptocurrency designed to integrate financial services, such as remittances and mobile payments, into the infrastructure of mobile network operators.
In the last 7 days, the price of TEL went from 0.003 to 0.006, representing a rise of 100%, as seen in the following chart provided by CoinMarketCap:
Price chart of the cryptocurrency telcoin. Quotation of telcoin in the last 7 days. Source: CoinMarketCap. The reason behind this great performance is that the project received regulatory approval to launch the first Digital Asset Custodian Institution in the United States.
The license allows Telcoin Digital Asset Bank to operate as a regulated banking institution in the United States. With this, it can accept deposits in cryptocurrencies, offer loans backed by digital assets, and access the payment infrastructure of the Federal Reserve.
Bitcoin receives a wallet with automatic inheritances The Nunchuk wallet launched its version 2.0, which allows automating BTC transactions for addresses assigned as heirs.
Nunchuk, an exclusive wallet for Bitcoin, presented its version 2.0, an update that introduces “autonomous inheritances”.
This function is described as “the first assisted inheritance solution for Bitcoin with a backup system on the chain, designed to survive the company that created it”.
In other words, the new system, published on November 12, allows for establishing an automatic mechanism to transfer a user's funds in the event of death, loss of access, or disappearance of the developing company.
The proposal aims to solve a historical problem of the ecosystem: what happens to bitcoins (BTC) when their owner can no longer access them.
How is it possible to automate transactions in Bitcoin? Nunchuk manages to implement automatic inheritance by combining two technologies specific to Bitcoin: miniscript and on-chain timelocks.
On one hand, miniscript is a language that allows securely and flexibly structuring the conditions under which bitcoins can be spent, while on the other hand, timelocks establish timeframes that must be met before a transaction is valid. $BTC
Macroeconomic and political news would impact the price of bitcoin in the coming hours or days.
Bitcoin $BTC is preparing to face days of high volatility. A series of macroeconomic events are on the horizon that could have a strong impact on its quotation.
What's the most important? Possibly the reopening of the Government of the United States. The shutdown, which has already lasted a record 42 days, could come to an end in the coming days thanks to a temporary funding measure approved in the Senate by 60 votes in favor and 40 against.
Do you know where USDT comes from, who issues it, and how its value has a 1 to 1 parity with the dollar?
The company responsible for issuing USDT is Tether Limited, a subsidiary of Tether Holdings based in the British Virgin Islands. It was a pioneer in linking digital assets to the value of the US dollar, having been founded in 2014.
Tether, known by its ticker #USDT, is the largest and most widely used stablecoin in the cryptocurrency world, with a market value of over 183 billion dollars.
It was born with the proposal to maintain a constant value, seeking parity with the US dollar in a one-to-one relationship. This feature is fundamental, as it offers the stability of fiat money within the volatile ecosystem of digital assets.
Its mechanism of operation is based on the issuance of backed tokens, theoretically, by reserves held by the issuing company, Tether Limited.
Tangem is preparing to launch a new USDC card that will allow users to spend their on-chain funds without losing control of them.
Tangem, a company specialized in the development of hardware wallets for cryptocurrencies, announced the launch of Tangem Pay, a non-custodial payment account that will allow spending USDC coin (USDC) on the Polygon network, using a virtual Visa card. Distribution will begin gradually at the end of November in the United States, Latin America, and Asia-Pacific.
Unlike traditional cards, funds in Tangem Pay remain on-chain and under the exclusive control of the user. To achieve this, Tangem implemented a hybrid model that combines wallet self-custody with the necessary legal requirements to enable regulated cards. #BTC #USDT #ETH
An app is being prepared in Venezuela for banks to custody #USDT
Rodolfo Gasparri, president of Conexus, revealed the existence of software to integrate banking with cryptocurrencies.
Gasparri believes that banks in Venezuela will be integrated with digital assets.
The organization already has a "well robust" blockchain network, he stated.
He believes that the GENIUS Law opens doors for new businesses with stablecoins.
In Venezuela, an application is already under development for the country's banking system to custody stablecoins like USDT or other cryptocurrencies. This was revealed this Tuesday by Rodolfo Gasparri, president of Conexus, a company specialized in electronic transaction processing.
The executive revealed that the organization he leads also has a blockchain network, which he described as the foundation for the development being carried out. On this point, Gasparri did not provide details on what type of blockchain would be used, that is, whether it is public or if it is a private development. $ETH $BTC
The price of bitcoin #BTC is becoming independent from the liquidity cycle
There is a structural change in the economy of bitcoin and cryptocurrencies.
Bitcoin #BTC could be entering a new economic stage, one in which the behavior of its price stops depending on the abundance or scarcity of global money.
For more than a decade, the price movements of the digital asset followed the liquidity cycles of central banks, rising when money was cheap and falling when it was restricted. #ETH #USDT
dYdX will enter the largest financial market in the world The DeFi platform specialized in derivatives is adapting to offer services to users in the United States.
The decentralized exchange dYdX is preparing to enter the US market by the end of the year, tailoring its offering for local users through the spot trading of cryptocurrencies and tokens.
"For us, as a platform, it is very important to have something available in the United States, because I believe it represents, hopefully, the direction we are trying to move towards," said Eddie Zhang, president of dYdX.
Next week, the data center industry will receive a multibillion-dollar funding from banks.
Shares of Bitcoin mining companies, which also operate in the artificial intelligence (AI) sector, recorded strong gains in the stock market this week, driven by investor optimism following a recent correction.
In today's pre-opening, Cipher Mining (CIFR) shows a bullish gap of 8% compared to yesterday's close. IREN (IREN) records an increase of 8% driven by pre-opening negotiations, and Bitfarms (BITF) stands out with a rise of 11% over the closing price of the regular session.
How far will bitcoin go if it "steals" capital from gold? There are already signs of a capital rotation underway from physical gold to "digital gold".
In a world where the economy maps uncertain paths, investors seek safe havens. Gold, the eternal guardian of wealth, and bitcoin #BTC , the digital asset that challenges paradigms, compete for the same capital.
While the precious metal reaches historic highs, a current of change suggests that the "digital gold" may be about to claim a significant portion of that financial flow.
Aureo announced that the Central Reserve Bank of El Salvador granted it the license to be a bitcoin service provider.
The Central Reserve Bank of El Salvador (BCR) has granted Swapido S.A.S. de C.V. – which operates as Aureo – the license of Bitcoin Service Provider (BSP), as communicated by the Mexican company.
The license authorizes the entity to operate bitcoin exchange and custody services #BTC under the regulatory framework of El Salvador. In this way, the Central American country joins as an operating location for Aureo, which also complies with the applicable regulations of Mexico, its country of origin. #USDT
Bank of Japan will invest in new large treasury of #Xrp🔥🔥 The Japanese banking conglomerate, SBI, will be part of the launch of Evernorth.
The financial services group of Japan, SBI Holdings, confirmed its participation in a funding round for Evernorth Holdings Inc., a U.S. company created to promote the institutional adoption of the digital asset #Xrp🔥🔥 . The investment is part of an agreement that will allow Evernorth to list on the NASDAQ stock market.
According to an official statement from SBI, the investment of USD 200 million in cash is part of a larger fundraising that will exceed #USD 1.000 million. Other relevant firms in the digital assets ecosystem, such as Ripple itself, Pantera Capital, and Kraken, are also participating in the operation.
With the drop in the price of bitcoin, there were problems on Binance's servers. The platform had to compensate traders who were liquidated due to the failures.
This week, the community of #Bitcoin❗ experienced a bloody market and the consequences were immediate: millions of dollars in liquidations and even technical failures on Binance, the largest exchange by transaction volume.
After the collapse —which took many by surprise after a new all-time high was reached— the price of bitcoin has been fluctuating between USD 106,000 and USD 116,000, generating concern among those who are waiting for the return of the bullish rally. Something that most analysts predict, although possibly not as soon as many would like #BTC #USDT #MarketPullback #ETH
User lost 3 million dollars in XRP stored in a wallet A man lost millions of dollars in XRP in an incident that highlights risks due to confusion with cryptocurrency wallets.
A cryptocurrency user suffered the loss of 3 million dollars in tokens from the company Ripple, XRP. This was due to a critical error he made when importing the seed phrase from his cold wallet to a hot wallet.
The sequence of events unfolded with alarming speed. These stolen funds were transferred through the Tron network on October 12, 2025, according to the detailed tracking carried out by the renowned analyst ZachXBT.#BTC #ETH #USDT
Bitcoin falls again and breaks a key support amid trade tensions #APRBinanceTGE The leading cryptocurrency is trading around $108,000 after breaking the 200-day moving average. While some analysts see a "healthy correction," the market shows signs of fear ahead of the Trump-XJP summit.
Enthusiasm in the crypto market has evaporated. Bitcoin is down 1.9% this Tuesday and has breached a key technical threshold by trading just above $108,000, breaking the exponential moving average (EMA) of 200 days located at $109,500. The movement comes as the market eagerly awaits the meeting scheduled for next week between Donald Trump and XJP in Seoul. #BTC #ETH
Mastercard and major banks are joining L2 of Ethereum
ZKsync Prividiums offers permissioned networks specially designed for the financial industry.
Development firm Matter Labs, the main contributor to the ZKsync layer two network, announced an initiative to integrate major financial institutions into a new architecture on Ethereum.
The project, called Prividiums, includes participation from giants like Mastercard, Citi, Deutsche Bank, Santander, and Fidelity, among others. #MarketPullback #ETH
The Biggest Bitcoin Crashes in History Hack of Mt. Gox, bans from China, panic over COVID, and the implosion of FTX: Here you have a The crypto market crash on October 10, 2025 wiped out a record $19 billion in leveraged Bitcoin and other cryptocurrency positions. However, it was far from being one of the largest percentage drops in the price of BTC recorded.
Mt. Gox Flash Crash (June 2011) This is the biggest one. Bitcoin fell approximately 99.9% on Mt. Gox after a hacker stole hundreds of thousands in BTC and sold it for just a cent. At that time, Mt. Gox facilitated approximately 90% of all Bitcoin trading. Because Mt. Gox dominated Bitcoin trading at that time, the internal collapse of the exchange briefly wiped out nearly all market value.
(Mt. Gox was the most dominant, but not the first Bitcoin exchange, according to Guinness World Records. That title belongs to BitcoinMarket.)
The hack of Mt. Gox occurred on June 15, 2011, but it was not revealed until a few days later. An auditor account of Mt. Gox was compromised and used to steal 740,000 BTC from customers and 100,000 from the company itself. When the attacker sold the BTC, the price plummeted to just cents.
At that time, that amount of Bitcoin would have been worth around $460,000. At current prices, 840,000 Bitcoin would be worth just under $94 billion. That is equivalent to the full BTC treasuries of Michael Saylor's Strategy, Bitcoin miner MARA Holdings, Jack Maller's XXI, the Japanese BTC giant Metaplanet, Adam Back's Bitcoin Standard Treasury Co., and the newly public. Collapse of Mt. Gox (April 2013) Bitcoin fell from $265 to $150, losing around 43%, in April 2013 due to what Mt. Gox would later call distributed denial-of-service attacks, or DDoS. A DDoS attack overwhelms a target URL with external requests to prevent it from being accessed by legitimate users. #BTC #ETH #MarketPullback