Solo Bitcoin Miner Wins $266K After Beating Huge Odds

A solo Bitcoin miner hit the jackpot on Friday, earning 3.146 BTC, worth roughly $266,000, after solving block 924,569 with only a tiny fraction of the computational power typically needed to win a block reward. The miner, who is believed to be operating a hobby-grade machine, struck gold with a hash rate of roughly 1.2…

Tactical Bottom May Be Near, Greed & Fear Index Suggests

Bitcoin BTC$84,001.83 sentiment has plunged into extreme pessimism, suggesting a tactical or interim low from which a BTC price bounce is likely, according to analytics firm 10x Research. The firm’s proprietary “Greed & Fear” Index, which measures market sentiment, has crashed to a record low of less than 5 points. Readings below 10% represent extreme…

MSCI Review Puts Digital Asset Treasury Companies Under Pressure

Digital asset treasury companies could face “meaningful pressure” if the stock market index MSCI decides to exclude them in January, according to an analyst, who told Cointelegraph that this is likely. The MSCI Index announced in October that it was consulting with the investment community about whether to exclude Bitcoin (BTC) and other digital asset…

Bitcoin Rout Pressures Investors Amid Treasury Reckoning: Finance Redefined

Cryptocurrency markets continued their decline for a fourth consecutive week this week, raising concerns over the status of the bull market cycle. Investor concerns grew on Thursday after a 10X Research report revealed that BitMine Immersion Technologies, the world’s largest corporate Ether (ETH) holder, is sitting on a cumulative unrealized loss of $3.7 billion on…

Ex-Coinbase Lawyer Runs for NY AG as BlackRock Leads BTC Outflows

Today in crypto: Bitcoiners have expressed excitement over the surging odds of a US Federal Reserve rate cut in December, a former Coinbase lawyer launched his campaign for New York State Attorney General, BlackRock’s iShares Bitcoin Trust (IBIT) led November’s record ETF exodus, with $2.47 billion in outflows, accounting for 63% of the $3.79 billion…

XRP At Risk Of Another 55% Drop If Bitcoin Continues To Sell-Off

Key takeaways: XRP (XRP) extended its downtrend on Friday, dropping 3% over the last 24 hours to trade at $1.93. The inability to hold above $2 now puts the altcoin’s recovery possibilities in question, with traders asking how much further it can fall. XRP/USD one-hour chart. Source: Cointelegraph/TradingView Classic XRP pattern targets $0.88 The XRP/USD…

ETH Falls To 4-Month Low While Futures Data Flags $3.2K

Key takeaways: ETH derivatives positioning shows large traders increasing long exposure as sentiment stabilizes despite ongoing weakness in broader risk markets. Public companies holding sizable ETH reserves continue to trade at discounts, signaling investors still lack conviction in a near-term recovery. Ether (ETH) faced a sharp 15% drop Wednesday to Friday, falling to $2,625, its…

Sovereign Bitcoin adoption would be the ultimate upside catalyst: Analyst

While many crypto market participants are debating what it might take to trigger a significant Bitcoin daily candle, ProCap chief investment officer Jeff Park has narrowed it down to one key catalyst. “A black swan event for Bitcoin upside would be sovereign adoption,” Park said during a podcast interview published to YouTube on Thursday. “If…

Can Bitcoin really be a store of value?

Key takeaways Gold has long met store-of-value standards, while fiat currencies lose purchasing power over time. Bitcoin now meets several of the same store-of-value benchmarks. With a hard cap of 21 million coins and around-the-clock global trading, Bitcoin offers digital scarcity, durability supported by network security and liquidity that rivals many traditional assets. Concerns remain,…

Grayscale’s DOGE, XRP ETFs to Go Live on NYSE Monday

Grayscale’s two new crypto exchange-traded funds (ETFs) will go live on NYSE Arca on Monday, offering U.S. investors simplified access to DOGE$0.1402 and XRP for the first time through regulated public markets. The Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) are each structured as spot ETPs that hold their respective underlying…