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Bitcoin News
BitcoinNewsCom@primal.net
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Daily News on Bitcoin and Lightning. #BitcoinNews
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BitcoinNews 9 mins ago
Bitcoin is about $400 above Strategy's average cost of $75,451, three days before MSCI's index decision. #Bitcoin image
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BitcoinNews 3 hours ago
Bitcoin has finished lower 30 days after every Fed hike since 2016 that came right after a one-meeting pause, with a median drop of 2.4%, per Crypto Briefing research. • That setup is live: the Fed hiked September 16, paused October 28. • The closest match is 2018, when Bitcoin fell 42% between the midterms and the December hike. • Seven cases is a small sample, but so far the record is 0 for 7. #Bitcoin #Macro image
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BitcoinNews 8 hours ago
If you know what this chart is, you are very likely a Bitcoiner. PS - look how different this chart looks before and after 2008 when the Bitcoin white paper was released. #Bitcoin image
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BitcoinNews 15 hours ago
SQUARE EXPANDS BITCOIN PAYMENTS ACROSS ITS 4 MILLION MERCHANT NETWORK ON TUESDAY Jack Dorsey’s Square is expected to complete its phased Bitcoin payments rollout on November 10, expanding availability across its network of more than 4 million merchants. The rollout began March 30, when Square started automatically enabling Bitcoin payments for eligible US businesses rather than requiring merchants to opt in. Customers can pay using the Lightning Network, with transactions settling in seconds. Merchants receive US dollars by default but can choose to keep payments in Bitcoin. Square is waiving Bitcoin payment processing fees through December 31, 2026, after which a flat 1% fee applies. Merchants can also automatically convert up to 50% of their daily sales revenue into Bitcoin. The expansion makes Bitcoin acceptance a default feature for eligible Square businesses, potentially bringing Lightning payments to millions of storefronts without requiring new hardware. image
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BitcoinNews 15 hours ago
🇺🇸 TREASURY AND FED DROP PLAN TO CUT CROSS-BORDER TRANSFER REPORTS TO $250 FinCEN and the Federal Reserve are withdrawing a 2020 proposal that would have lowered the Bank Secrecy Act recordkeeping and Travel Rule threshold from $3,000 to $250 for funds transfers that begin or end outside the US, and clarified that those rules cover convertible virtual currency. The existing $3,000 threshold stays for now. The agencies said more than five years have passed, and they want fresh public comment before any similar change, with a Federal Register notice scheduled for Nov. 9. Covered firms must still collect and transmit sender and receiver data on qualifying transfers of $3,000 or more. image
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BitcoinNews 18 hours ago
This could be a very big deal. • saylor: phongle teresagoody money2020 The world needs a Bitcoin bank. • We’re building it. #Bitcoin
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BitcoinNews 23 hours ago
NEW: Strive bought 15.1K BTC in October alone, lifting its stack to 43.1K BTC and making it the fourth-largest public corporate holder. • It now trails Twenty One Capital by just 390 BTC and needs another 877 BTC to pass Metaplanet's 44K. • The fuel is about $609M raised in October through its SATS perpetual preferred stock, which pays a 15% annual dividend. • Q3 net income came in at $509M, driven by $533.7M in unrealized Bitcoin gains. #Bitcoin image
Strategy Preferred Shares Are Now the Top Holding in Vaneck's Preferred ETF • VanEck's Preferred Securities ex Financials ETF (PFXF) lists Strategy Inc as its largest holding at about 7.6% of net assets as of Nov. 5, roughly $161 million. • BlackRock's iShares Preferred and Income Securities ETF (PFF) holds about $404 million of Strategy preferreds, about 3.5% of that fund as of Nov. 4. #BitcoinETF image
🇺🇸 WHITE HOUSE BEGINS FINAL REVIEW OF RULE TO ALLOW BITCOIN AND CRYPTO IN 401(k) RETIREMENT PLANS The Department of Labor has submitted a final rule that would make it easier for employers to offer Bitcoin, crypto, and other alternative investments in retirement plans. The rule would reduce legal risks for employers offering these investments, potentially opening the $10.8 trillion U.S. 401(k) market to greater Bitcoin exposure. The rule has not yet been approved. image
🇧🇷 NUBANK HALTS CRYPTO DEPOSITS AND WITHDRAWALS AFTER AN EXTERNAL PROVIDER OUTAGE Brazilian digital bank Nubank said Friday it temporarily suspended cryptocurrency deposits and withdrawals because of instability at an unnamed external data provider that verifies transactions. The problem is not in Nubank's own systems, the bank said, and customer assets and information remain protected. Other crypto products in the app, including buying and selling, are still working. Mercado Pago separately said it blocked some crypto transfers to external wallets after an incident at a risk-monitoring and anti-money laundering provider. Neither company named the vendor or gave a resume time. image
🇺🇸 White House begins final review of rule to allow Bitcoin and crypto in 401(k) retirement plans • The Department of Labor has submitted a final rule that would make it easier for employers to offer Bitcoin, crypto, and other alternative investments in retirement plans. • The rule would reduce legal risks for employers offering these investments, potentially opening the $10.8 trillion U.S. 401(k) market to greater Bitcoin exposure. • The rule has not yet been approved. #Bitcoin image
🇺🇸 Elizabeth Warren Expected to Chair Senate Banking Committee • Following Democrats’ midterm sweep, one of Bitcoin and crypto’s fiercest critics is expected to take control of the powerful committee in January. • Warren would gain authority to lead investigations, hold hearings, and pursue subpoenas targeting banks, crypto firms, and regulators. • Her appointment has not yet been finalized. #Bitcoin image
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BitcoinNews 2 days ago
Chainalysis says hackers using "offensive agentic techniques" exposed names, usernames, password hashes and live tokens for all of its users, and some customers' KYT accounts appear to have been accessed without authorization. • Chainalysis Hack Exposes User Credentials, Forces Crypto Compliance Systems Offline • It has taken its transaction-monitoring tools, address screening and investigation platforms offline, and every user must reset passwords and rotate API keys. • Japanese exchange Coincheck paused crypto withdrawals over an outage at its outside on-chain analysis provider, and ICONOMI paused withdrawals citing Chainalysis. image
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BitcoinNews 2 days ago
Tether CEO paolo ardoino says Bitcoin is the only crypto that can scale to "a trillion AI agents" • He called Lightning "the most sophisticated transport layer made today by humanity." • Tether issues USDT, the largest stablecoin. #Bitcoin #LightningNetwork image
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BitcoinNews 3 days ago
NAKAMOTO PROJECT PUTS OUT FULL PAGE BITCOIN AD IN THE WALL ST JOURNAL THE DAY AFTER MIDTERMS It reads: The least political thing you’ll read today. Red, blue, or undecided, bitcoin couldn’t care less. Whoever ends up controlling the House and Senate won’t control bitcoin. Nobody does. No government. No bank. No CEO. Any party can print more dollars and dilute your savings. None can create more bitcoin. Its supply is capped at twenty-one million on a schedule written in open-source code that anyone can verify and no election can amend. Maybe that’s why 1 in 7 Americans own bitcoin. Or maybe it’s because you can send it from Ohio to Osaka without asking anyone’s permission, on a network that has run without interruption since 2013. Whatever their reasons, you don’t need a majority to find yours.
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BitcoinNews 3 days ago
MIDTERM RETURNS KNOCK BITCOIN TO $75,700, THEN BUYERS STEP IN Bitcoin climbed near $78,000 late Tuesday as Americans voted, then dropped more than $2,000 as early results pointed to Democrats taking both chambers of Congress. Nasdaq 100 futures fell 2.3% and the dollar weakened, per CoinDesk. Bitcoin's own stake is the CLARITY Act, the market structure bill BTSE COO Jeff Mei says Democrats oppose. By Asian morning hours bitcoin was back near $76,700, roughly flat on the day. image
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BitcoinNews 4 days ago
NEW: Block buys 120 BTC in Q3, lifting its treasury to 9,237 BTC worth about $772 million against an estimated $319 million cost basis. • The buy was funded from Bitcoin gross profit, even as that segment fell 50% year over year to $52 million. • Block says the drop is deliberate: it cut Cash App Bitcoin fees to make buying cheaper. • Company-wide gross profit rose 22% to $3.24 billion, so it can afford to trade margin for users. #Bitcoin image
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