Brandt Warns Bitcoin Could Dip Below Strategy’s Average Buy Price as MSTR’s mNAV Falls

Peter Brandt Predicts Bitcoin Could Drop Below $50,000 Amid Market Downturn

Veteran trader Peter Brandt has raised the possibility that Bitcoin’s price might fall below the average purchase price held by Michael Saylor’s company, Strategy. This prediction comes amid a recent BTC price crash below the $100,000 mark, alongside declines in Strategy’s market metrics.

Brandt highlighted on X (formerly Twitter) that if the recent breakdown of Bitcoin’s parabolic advance mirrors previous patterns, the downside target could be under $50,000. He questioned at what price point Strategy’s Bitcoin holdings might go underwater, suggesting that the flagship cryptocurrency could face severe tests ahead.

Currently, Strategy’s average purchase price for its Bitcoin holdings is $74,079. A drop below $50,000 would push the company’s position underwater. Despite the market dip, Strategy recently announced another purchase of 487 BTC for $49.9 million, showing continued conviction in Bitcoin.

BTC Price and Strategy’s Market Performance

Following Bitcoin’s decline below $100,000, with the current trading price around $95,000, concerns about a potential bear market have intensified. Strategy’s stock price has also taken a hit, dropping below $200 and reducing the company’s market capitalization to approximately $60 billion.

As a result, Strategy’s mNAV (market Net Asset Value) has fallen below 1. This means the company’s market cap is now below the value of its Bitcoin holdings, which stand at about $61 billion at current prices. Strategy’s stock is down over 30% year-to-date, despite reaching a high near $455 earlier this year. Over the past six months alone, the stock has declined by 47%.

Additional Market Insights and Analyst Opinions

Crypto analyst Ali Martinez echoed Brandt’s bearish outlook, predicting that Bitcoin could bottom between $38,000 and $50,000. He based this on the cryptocurrency’s typical four-year cycle and stated that BTC may already be in a bear market phase.

However, not all experts agree. CryptoQuant CEO Ki Young Ju countered the bear market narrative, emphasizing that Bitcoin is not in a bear market as long as capital continues to flow into the asset. He pointed out that inflows are ongoing and suggested that BTC’s price could rebound if major long-term holders (often referred to as “OG whales”) stop selling and if macroeconomic sentiment shifts positively.

According to CryptoQuant’s analysis, the current Bitcoin correction is mainly driven by U.S. liquidity stress, tax-driven profit-taking among long-term holders, and persistent selling pressure from American investors. This underscores that the recent downward pressure largely stems from developments within the United States.

Conclusion

Peter Brandt’s warning about a potential Bitcoin price drop below $50,000 adds to growing uncertainty in the crypto market amid notable declines in BTC and related equities like Strategy’s stock. While some analysts see this as a bear market phase, others remain cautiously optimistic, highlighting ongoing capital inflows and the possibility of a recovery.

Investors should monitor market conditions carefully and consider both technical signals and broader economic factors before making decisions.
https://bitcoinethereumnews.com/bitcoin/brandt-warns-bitcoin-could-dip-below-strategys-average-buy-price-as-mstrs-mnav-falls/

“We are making ODI-type selection” – Former opener’s blunt remark on India’s playing XI for IND vs SA 2025 1st Test

Former opener Aakash Chopra has criticized the Indian team management for their playing XI selection in the first Test against South Africa at Eden Gardens, Kolkata. Chopra questioned the rationale behind including six bowlers in the squad, three of whom are spin bowling all-rounders, suggesting that the lineup resembled more of an ODI or T20I team rather than a traditional Test side.

India dominated the opening day of the match on Friday, November 14. After losing the toss and being asked to bowl first, the hosts dismissed South Africa for 159 runs in 55 overs. India then ended the day at 37 for 1 after 20 overs.

Despite India’s strong performance in the field, Chopra was unconvinced by the decision to drop Sai Sudharsan in favor of playing six bowlers. Speaking on his YouTube channel, he said, “There was a time when teams used to play with four bowlers and, once in a while, you used to play five. Then Kohli came in and said, I will play five. He created that template. But the new dispensation wants six bowlers. Now, we have taken Test cricket to that space where we are making ODI-type selection and T20-type selection. Let’s take a chance at No. 3 as well.”

Highlighting the bowling efforts on Day 1, Jasprit Bumrah stood out with a sensational performance, claiming 5 wickets for 27 runs from 14 overs. Mohammed Siraj and Kuldeep Yadav contributed with two wickets each. When India batted, Washington Sundar was promoted to the No. 3 spot.

However, Chopra raised concerns over Sundar’s bowling workload during South Africa’s innings. “Sundar bowled only one over,” he pointed out, emphasizing the impracticality of the six-bowler policy. “When this match ends, we will say that at least two bowlers have been under-bowled. In the first innings, Washington Sundar bowled only one over. What are we doing? In the first session, we bowled 27 overs and used six bowlers. We don’t do this even in one-dayers using six bowlers to send down 27 overs.”

In the first innings, while Sundar was limited to just a single over, other spin options like Ravindra Jadeja and Axar Patel bowled eight and six overs respectively. Jasprit Bumrah and Kuldeep Yadav both delivered 14 overs, and Mohammed Siraj bowled 12.

Chopra’s critique highlights a growing debate around India’s team selection strategy in Test cricket and whether the inclusion of multiple all-rounders is truly beneficial in the longer format.
https://www.sportskeeda.com/cricket/news-aakash-chopra-blunt-remark-india-playing-xi-ind-vs-sa-2025-1st-test

Humboldt County Office of Education, Tribal Partners Launch California’s First State-Sponsored Native American Studies Curriculum

On November 8, 2025, the Humboldt County Office of Education (HCOE) hosted **Carrying Our Stories Forward: Celebrating the Launch of the Native American Studies Model Curriculum (NASMC)**, a landmark event honoring California’s first state-sponsored curriculum designed to center and uplift Native American voices, histories, and perspectives in public education.

The event brought together Tribal leaders, educators, youth, and community members for a day of celebration, dialogue, traditional foods, and professional learning. This historic milestone was made possible by $30,000 in community donations supporting the initiative.

### A Message from the Keynote Speaker

The event’s keynote speaker, Dr. Cutcha Risling Baldy (Hupa, Yurok, Karuk), a Guiding Leader of the NASMC development, spoke from the heart. She encouraged educators to embrace the curriculum even when the content feels new or challenging. Dr. Baldy reminded participants that learning Native American Studies is an ongoing process, and the NASMC was intentionally designed to support that journey.

> “You don’t have to redesign your entire curriculum overnight,” she shared. “Start small by integrating one lesson, one unit, or one Indigenous author—and build over time. Use this curriculum as an opportunity to model what learning looks like for students: enthusiasm, reflection, and growth.”

### A Movement Toward Educational Justice

Michael Davies-Hughes, Superintendent of the Humboldt County Office of Education, emphasized the significance of the curriculum:

> “The NASMC represents far more than a new curriculum, it’s a movement toward truth, healing, and educational justice. We are honored to stand with California’s Tribes, educators, and students to ensure Native voices are not only represented but centered in our classrooms.”

### About the Native American Studies Model Curriculum

Developed by the Humboldt County Office of Education in partnership with the San Diego County Office of Education and California Tribal partners, the NASMC is one of four new Model Curricula funded by the state under Education Code §51226.9. The curriculum is available on the *We Are California* website hosted by UC Davis.

The NASMC includes:

– Hundreds of standards-aligned lesson plans and primary source materials
– Commissioned and licensed Native art, poetry, and oral histories
– Planning guides and culturally grounded professional development resources

Created by and with Native educators, youth-serving organizations, and cultural knowledge keepers, the NASMC ensures accuracy, respect, and authenticity.

### Supporting Native Students and Communities

By reflecting Native students’ cultures and worldviews in the classroom, the curriculum supports positive identity development, mental health, and a sense of belonging. It also guides all students to build empathy, awareness, and a deeper understanding of our shared environment.

Humboldt County’s participation in the NASMC project reflects its deep commitment to educational equity and community partnership. With 8.8% of Humboldt County students identifying as Native American or Alaska Native—and chronic absenteeism among Native students more than double the countywide rate—HCOE recognized the urgent need to create learning environments that affirm Native identity and strengthen school engagement.

### Expanding the Work

HCOE’s Native American Studies Model Curriculum Learning Specialist, Maggie Peters, continues to lead this work by facilitating monthly professional development sessions for educators across the state. These sessions offer lesson deep dives, collaborative learning spaces, and Cal Poly Humboldt course credit to deepen teacher capacity in implementing the NASMC.

> “This moment is an affirmation of truth, resilience, and shared commitment to the future,” said Peters. “The NASMC shows what’s possible when Tribes, educators, and communities work together to restore balance through education.”

Educator and curriculum writer Cheryl Tuttle (Yurok/Karuk), who was honored at the event for her contributions, shared her impressions:

> “I was astounded at the breadth of the NASMC project. It really hit me at the event—the variety, the age differences, the different mediums, and the complexity involved!”

### Carrying This Work Forward

As the NASMC takes root statewide, organizers invite the public to honor Indigenous communities and strengthen relationships with Tribes and Indigenous-led networks to uphold culture, tradition, and sovereignty.

Supporting the First Peoples of Humboldt County and California means affirming Native identities through accountability, curiosity, and respect for community and place. This effort also calls for integrating Native perspectives into education and policy by moving from consultation to true collaboration with Tribes and Indigenous-led networks to ensure accurate representation and co-created approaches.

Most importantly, advocates are encouraged to ensure this first step becomes a foundation, not a finish line. Continued funding is essential so that the NASMC can grow into a comprehensive curriculum representing all Tribes and reaching every school in California.

We all share the responsibility—and have the opportunity—to grow, unlearn, and reimagine how we understand history, place, and belonging.

This event marked not only a celebration of what has been achieved but also a call to sustain and expand this work. Together, we can ensure that Native American Studies remains a living, evolving part of California’s classrooms for generations to come.
https://lostcoastoutpost.com/2025/nov/14/humboldt-county-office-education-tribal-partners-l/

WazirX CEO Clears Air on Fund Misappropriations & Future Plan

**WazirX CEO Nischal Shetty Speaks Out for the First Time Since $234 Million Hack**

WazirX, a leading Indian cryptocurrency exchange, suffered a massive $234 million hack in July 2024 that sent shockwaves through the Indian crypto community. Since the incident, while the exchange maintained internal transparency through announcements on its social media platform X, neither CEO Nischal Shetty nor the leadership team made any public appearances to directly address the growing concerns of its users.

The situation was further complicated by the disabling of the comment section on WazirX’s social media posts, limiting open discussions and causing anxiety among users regarding fund recovery and the operational stability of the platform.

### WazirX CEO Nischal Shetty Breaks Silence in Exclusive Interview

For the first time since the hack, WazirX CEO Nischal Shetty stepped forward to answer critical questions about the recovery process in an exclusive interview with Switch, an Indian podcast channel under Zee Production.

During the interview, Shetty discussed several key issues, including discrepancies in user payouts, the use of funds for legal and operational expenses, and the steps WazirX is taking to protect assets in the future.

### How Much Have WazirX Users Been Refunded?

Addressing the question of why users have not been fully reimbursed despite the appreciation of crypto token prices since the hack, Shetty explained:

> “Around $234 million worth of assets were stolen during the hack. Following this, the exchange froze user portfolios to prevent users from missing out on market gains. The portfolio value was then rebalanced on January 17, 2025.”

As per the recovery plan, users are set to receive 85% of their portfolio value calculated on the rebalancing date, with the remaining 15% to be returned over the next 2-3 years.

When asked about reports of some users receiving only 20-30% of their tokens, Shetty clarified that:

– The 85% refund relates to the **total portfolio value** on the rebalancing date, **not the exact token count**.
– Between the rebalancing date and payout, cryptocurrency prices fluctuated — some tokens lost value while others appreciated.
– Users holding tokens that dropped in value received fewer tokens, while those with tokens that surged received more, leading to variation in token amounts received.
– The plan guaranteed 85% of portfolio value, but market price changes caused amounts to differ.

### Clarifying Allegations of Fund Misappropriation

Shetty firmly denied any misuse of customer funds, especially accusations concerning funds being diverted for legal battles in Singapore related to the rearrangement scheme.

He explained that the **cost fund** used for operational and legal expenses was created solely from the **remaining assets left in the exchange’s wallets after the hack**, and not from customer deposits.

> “All expenditures were strictly to keep the exchange operational and to enable the withdrawal processes for users. This was a necessary step — without it, WazirX would have ceased operations completely, delaying recoveries and payouts.”

He assured users that customer funds have been kept separate to the extent possible under the circumstances.

### What Lies Ahead: Future Outlook for WazirX Users

– The remaining **15% of user funds** in the recovery plan will be refunded gradually over the next 2-3 years.
– This phased approach allows WazirX to restore full portfolio value more effectively.
– The 15% is **not capped**, meaning if WazirX recovers more assets than expected, users could receive more than initially planned.
– The recovery plan has been **approved by the court** and is designed to be quicker and less disruptive than liquidating the company.

In addition, WazirX has partnered with **BitGo** to enhance the security of user funds through:

– Institutional-grade custody solutions
– Multi-signature wallets
– Insurance coverage

This partnership aims to ensure transparent fund management and bolster confidence as part of WazirX’s post-hack recovery strategy.

**Also Read:** [WazirX Starts Phased Trading Rollout with No Fees for 30 Days]
https://bitcoinethereumnews.com/finance/wazirx-ceo-clears-air-on-fund-misappropriations-future-plan/

Carlos Alcaraz & Jannik Sinner’s dominance at risk of making ATP “monotonous” with no competition, warns ex-WTA pro

Former British tennis player Laura Robson recently issued a warning about the growing dominance of Carlos Alcaraz and Jannik Sinner on the ATP Tour, suggesting that their continued supremacy might make the circuit feel a bit monotonous.

Robson’s remarks came following Alcaraz’s progression to the ATP Finals 2025 semifinals, joining Sinner on Thursday, November 13. Both players have dominated the 2025 season, sharing the World No. 1 spot throughout the year and collectively capturing four Grand Slam titles. Alcaraz’s most recent victory over Lorenzo Musetti in Turin not only secured his place in the semifinals but also guaranteed him the Year-End No. 1 ranking.

Jannik Sinner, who has lost just six matches in 2025, is set to finish the season as World No. 2 after the ATP Finals conclude in Turin. Meanwhile, as Novak Djokovic’s advancing age begins to impact his performances, the gap between Alcaraz, Sinner, and the rest of the field continues to widen.

Fans and tennis pundits have lauded the intense rivalry between the current World No. 1 and No. 2, but many are also calling for more competition to keep the sport engaging. Robson, a former World No. 27 in WTA singles, stressed the need for other players to step up. She said,

“Yes, we are very lucky. We hope that someone will come closer and make the race a little more competitive, because a two-man race will eventually become a bit monotonous.”

Notably, aside from Carlos Alcaraz, only two players have managed to defeat Jannik Sinner in 2025. The Italian star has also dominated Alexander Zverev in three recent meetings, expanding the gap between the World No. 2 and No. 3 by over 5,000 ATP points. This clear divide signals a looming two-man race for the top spot heading into the next season.

### Laura Robson Backs Jack Draper to Challenge Alcaraz and Sinner in 2026

In light of this, Laura Robson has singled out British player Jack Draper as the potential challenger who could narrow the gap between Alcaraz, Sinner, and the rest of the field in 2026.

Draper, currently the top-ranked British male player, was one of just seven players to defeat Alcaraz during the 2025 season. He was also the only player besides Alcaraz and Sinner to reach two Masters finals this year. The 23-year-old claimed his maiden Masters title at the Indian Wells Open in 2025, which propelled him into the ATP top 10.

Following his semifinal appearance in Madrid in May, Draper became the first British man since Andy Murray to crack the top 5 in the rankings. Unfortunately, an arm injury sustained during his second-round match at the US Open forced him to end his season prematurely, causing his ranking to slip back to No. 10.

Despite this setback, Draper’s breakout season caught Laura Robson’s attention. She believes he has the potential to challenge the likes of Alcaraz and Sinner for the No. 1 spot next year.

Speaking on a Sky Sports show last month, Robson said,

“I don’t see why not. I think the trouble for Jack at the moment is just that he’s not been healthy enough and consistently across the season to compete with them in terms of ranking. Especially in a best-of-three, we’ve seen him beat Carlos Alcaraz at Indian Wells this year.”

For the record, Jack Draper holds a 1-1 head-to-head record against Jannik Sinner and is 2-4 against Carlos Alcaraz.

As the ATP Tour moves into 2026, all eyes will be on whether Draper can maintain his momentum and break the current dominance of Alcaraz and Sinner, injecting fresh competition into the men’s game.
https://www.sportskeeda.com/tennis/news-carlos-alcaraz-jannik-sinner-s-dominance-risk-making-atp-monotonous-competition-warns-ex-wta-pro

New Satellite Technology Captures World’s Largest Ferris Wheel From Space

The commercial satellite market is experiencing significant growth, driving advancements in near real-time space-based intelligence.

This expanding sector is enhancing the ability to collect and analyze data from space rapidly, providing valuable insights for various industries.

As technology progresses, the demand for timely and accurate space-based information continues to rise, fueling innovation and development within the commercial satellite industry.
https://www.newsweek.com/satellite-captures-worlds-largest-ferris-wheel-from-space-11046794

Threats to democracy in the Congressional Record

As you might imagine, the word “democracy” has been mentioned in Congressional speeches many times over the years. However, in recent times, there has been a noticeable shift in how democracy is discussed.

Over the past several years, it has become much more common to hear democracy described as being under threat. This change in tone reflects growing concerns about the state of democratic institutions and values.

For The Pudding, Alvin Chang conducted an analysis of speeches recorded in the Congressional Record dating back to 1880. His work highlights this abrupt shift in sentiment, showing how perceptions of democracy have evolved over time.
https://flowingdata.com/2025/11/14/threats-to-democracy-in-the-congressional-record/

US Decline In Religion Among Biggest In World

The United States has experienced one of the largest declines in religiosity globally over the past decade, new research shows. According to recent Gallup polls, there has been a 17-percent drop in the number of U.S. adults who say religion is an important part of their daily life, falling from 66 percent in 2015 to 49 percent in 2025. This represents the largest decline Gallup has recorded in any country over any 10-year period since 2007.

### Why It Matters

The U.S. has long been regarded as one of the world’s more religious developed nations. However, Gallup’s data reveals that the country is now drawing closer to the secular norms found in other advanced economies. This substantial shift reflects profound social and cultural changes, as generational replacement and broader secularization reshape the nation’s religious landscape.

### What To Know

Gallup’s survey is based on results from the World Poll, which questioned people in 160 countries. While the global median for the importance of religion has remained steady at about 81 percent since 2007, the U.S. figure has declined significantly, currently standing at 49 percent.

Only 14 out of the 160 countries surveyed experienced a drop of more than 15 percent in religiosity. Although religion remains more important in daily life for Americans than for many of their economic peers, the gap has never been narrower in Gallup’s history.

As a result, the U.S. now occupies a unique position—maintaining a medium-high Christian identity with middling religiosity compared to global norms. This trend aligns with findings from other research organizations, such as the Pew Research Center.

Previous Pew data shows that Christian disaffiliation, or religious “switching,” is driving the decline. Only 83 percent of adults raised as Christians still identify as Christian, which is a lower retention rate than that of Muslims or Hindus. Notably, most religious switching results in adults becoming unaffiliated rather than adopting a new faith.

Nationally, just 46 percent of Americans born after 1990 still identify as Christian. Young adults are much more likely to report no religion compared to older generations, according to Pew Research.

However, the geographic pattern of religious decline is uneven across the U.S. Newsweek has mapped out which states are losing religion the fastest. Pew data shows the proportion of non-religious people is growing in every U.S. state except South Dakota.

States including New Hampshire, Massachusetts, Utah, Wisconsin, Missouri, Montana, and Pennsylvania have seen the largest growth in people identifying as “religiously unaffiliated” since 2007.

### What People Are Saying

Gallup researchers Benedict Vigers and Julie Ray commented in their study:
*“The long-term decline in religiosity places the U.S. in a unique position on the global religious landscape. Most countries fall into one of four patterns: high religiosity with Christian identity; high religiosity with another religious identity (often Muslim majority); low religiosity with Christian identity; or low religiosity with no religious identity. The U.S. no longer fits neatly into any of these categories, having a medium-high Christian identity but middling religiosity.”*

Yunping Tong, research associate at Pew Research Center, added:
*“The decline is largely due to people shedding their religious identity after having been raised in a religion.”*

### What Happens Next

While Gallup and Pew data suggest the decline in religiosity may be plateauing after a long period of sustained growth in religious “nones,” the long-term trajectory remains uncertain. Researchers and religious leaders alike will continue to track whether this stabilization persists as younger, less religious cohorts become a larger share of the adult population.
https://www.newsweek.com/us-decline-in-religion-among-biggest-in-world-11047526

Chris Nocco backs Mollyana Ward to ‘keep our children safe’

Pasco County Sheriff Chris Nocco has endorsed Mollyana Ward for the District 3 seat on the Pasco County School Board, citing her strong commitment to student safety as a key reason for his support.

“Mollyana supports the strong partnership the Sheriff’s Office and School District share to keep our children safe. With Mollyana, our already strong partnership will continue, and I look forward to working together as we keep our children safe,” Nocco said.

Ward, a local businesswoman and mother, is running for the seat to succeed Cynthia Armstrong, who was first elected in 2010 and is not seeking re-election. Ward is campaigning on a platform focused on making “Pasco schools a place where every student can thrive,” while also emphasizing the importance of giving parents and grandparents a voice in education. School safety remains a central concern in her message.

“Sheriff Nocco’s record of protecting our community is second to none. The work he and his deputies do to help keep our community safe and enforce the rule of law is something we are all extremely grateful for, and I can’t thank him enough for the trust and confidence he’s placed in our campaign,” Ward said in response to Nocco’s endorsement.

Ward brings a wealth of business and community experience to her campaign. She is a licensed Realtor and former broker/owner, currently partnering with LPT Realty to mentor and grow a high-performing real estate team. Ward also serves as Chief Strategy Officer for Icemann Development, leading community and sports-centric projects across Florida.

In addition, Ward owns RAW Space Collaborative, a Wesley Chapel coworking space dedicated to empowering small businesses, startups, and creatives—the first of its kind in the area.

Ward’s personal experience as a parent informs her vision for Pasco’s schools. She homeschooled her three sons after noticing gaps in the school system and later saw them graduate from local public high schools, giving her a unique perspective to bring to the School Board.

During her sons’ years in school, Ward owned and operated an accredited child care facility that earned the state’s Gold Seal of Excellence. She also became the youngest-ever president of the Central Florida Association for Family Child Care at just 21 years old.

Her community involvement extends beyond education. Ward directed children’s and youth ministries at her local church and previously chaired the Women of Wesley Chapel program for the North Tampa Bay Chamber of Commerce—an initiative she currently leads. She is also a director for Bridging Freedom, a local organization.

Ward’s personal journey includes overcoming adversity. After losing her husband of 25 years to brain cancer in 2019, she raised her family and grew her business as a single parent until remarrying Gordie Zimmerman. Together, they are raising a blended family of five boys, and Ward is a proud grandmother to six.

With a broad background in business, education, and community service, Mollyana Ward says she is ready to advocate for all families and students in Pasco County.
https://floridapolitics.com/archives/765608-chris-nocco-backs-mollyana-ward-to-keep-our-children-safe/

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