Bitcoin Drop Under $100K Looms If Trump Doesn’t TACO

Key takeaways:  Deteriorating US-China relations, US President Donald Trump’s recent tariff expansion and traders avoiding long leverage are adding pressure to Bitcoin’s downside.  Bitcoin could drop below $100,000, but analysts are hopeful that next week’s macroeconomic events will reverse the downtrend.   Data show Bitcoin’s (BTC) market structure aiming toward establishing balance from last week’s sharp…

US Congress seeks to revamp Bank Secrecy Act after 50 years

Today in crypto, the US Congress is moving to update anti–money laundering rules by raising decades-old reporting thresholds. Hong Kong has joined Canada, Brazil and Kazakhstan in approving a spot Solana ETF, while Tether’s USDT stablecoin has reportedly reached 500 million users worldwide. Congress moves to revamp Bank Secrecy Act’s reporting thresholds after 50 years…

Rise in BTC Value Adds $80M to Bottom Line

Tesla (TSLA) continued to hold 11,509 BTC, valued at around $1.35 billion as of the end of the third quarter (valued somewhat less as of today). The rise in bitcoin’s value during the third quarter allowed the company to book an $80 million gain on its holdings. For perspective, adjusted EBITDA for the quarter was…

Bitcoin Drop Under $100K Looms If Trump Doesn’t TACO

Key takeaways:  Deteriorating US-China relations, US President Donald Trump’s recent tariff expansion and traders avoiding long leverage are adding pressure to Bitcoin’s downside.  Bitcoin could drop below $100,000, but analysts are hopeful that next week’s macroeconomic events will reverse the downtrend.   Data show Bitcoin’s (BTC) market structure aiming toward establishing balance from last week’s sharp…

Willow Processor Maps Molecules 13,000x Faster Than Supercomputer: Google

Researchers at tech giant Google said they mapped out the structure of a molecule 13,000 times faster than the most powerful “supercomputers” available today, achieving the first verifiable quantum advantage. The experiment used Google’s Willow Quantum processor and “quantum echoes,” a technique that uses targeted waves to image an object in detail, according to Google….

Bitcoin Risk Of Drop To $100K Raised, Altcoins Remain Soft

Key points: Bitcoin bulls are attempting to sustain the price above $107,000, but the bears have continued to exert selling pressure. The recovery in most major altcoins has fizzled out, indicating that the bears continue to sell on minor rallies. Buyers have managed to keep Bitcoin (BTC) above the vital $107,000 support level, but the…

UK FCA Issues Hundreds of Warnings Against Crypto Companies and Exchanges

The UK’s Financial Conduct Authority (FCA) is ramping up its push to police the crypto industry, issuing warnings to unregistered exchanges and seeking legal action against companies serving UK residents or promoting digital assets in the country. The FCA issued hundreds of warnings against unlicensed crypto exchanges in October, including Elite Bit Markets, Nexure Gainbit,…

Bitcoin Closes CME Gap as CPI Worries Weigh on Risk Assets

Key points: Bitcoin retreats to near $106,000 as gold struggles to find support after major daily losses. BTC price action continues low-time frame liquidity games after failing to hold support higher. CPI week begins to take its toll on crypto and risk assets. Bitcoin (BTC) stuck to $108,000 after Wednesday’s Wall Street open as gold…

Spotting Bull and Bear Traps in Crypto: A Practical Checklist

Key takeaways:  Use confirmation, not hope: Wait for a higher-timeframe close and a clean retest before sizing up. Read leverage tells: Extreme funding plus rising open interest at a key level signals trap risk in the opposite direction. Don’t trust thin books: Off-hours liquidity, spoof orders, listings or unlocks can manufacture fake breaks. Respect liquidations:…

Spotting Bull and Bear Traps in Crypto: A Practical Checklist

Key takeaways:  Use confirmation, not hope: Wait for a higher-timeframe close and a clean retest before sizing up. Read leverage tells: Extreme funding plus rising open interest at a key level signals trap risk in the opposite direction. Don’t trust thin books: Off-hours liquidity, spoof orders, listings or unlocks can manufacture fake breaks. Respect liquidations:…