Dubai, UAE, November 18th, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is thrilled to announce its final and most prestigious event of the year, the Vault of Legends, offering 500, 000 USDT in rewards for elite traders. The event, which runs from Nov. 18, 2025, at 10 a. m. UTC to Dec. 26, 2025, at 10 a. m. UTC, invites top-performing users to earn and redeem points for premium rewards through Bybit’s VIP program. Points can be redeemed until Dec. 31, 2025, at 11: 59 p. m. UTC. Paths to Prestige Participants can choose between two trading paths, each designed to reflect distinct trading styles. The Path of Precision caters to strategic spot traders who prioritize consistency and measured decision-making, while the Path of Momentum rewards derivatives traders who thrive on volatility and quick execution. Each trade contributes to a participant’s point total, allowing users to progress toward the event’s exclusive rewards. Legendary Rewards The Vault of Legends contains four categories of rewards curated specifically for VIP participants: Solid Gold (USDT Airdrops) Symbolizing stability and consistent performance. Everbright Crystal (MNT Airdrops) Representing shared growth within the Bybit ecosystem. Rare Relic (Bybit Mystery Boxes) Collectible items available only to exceptional traders. Golden Compass (Nansen Pro Subscriptions) Advanced analytical tools designed to enhance trading decisions. Each reward highlights an aspect of trading excellence, from reliability and insight to rarity and growth potential. Traders accumulate points through market activity and can redeem them directly within the vault. Points may also be used for Vault Scratch Cards, offering additional opportunities to win during the event period. The more consistent a trader’s engagement, the greater their share of the 500, 000 USDT prize pool. The Vault of Legends marks Bybit’s closing chapter of 2025’s VIP campaigns, underscoring its focus on rewarding consistent performance, trading expertise, and commitment within its global VIP community. Disclaimer: Participation is limited to verified individual and business accounts outside restricted regions, including the European Economic Area. Subaccounts, market makers, institutional users, and Pro users are ineligible. Trading activity generated by bots or 0-fee structures will not contribute to event volume. #Bybit / #CryptoArk / #IMakeIt About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit. com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: [email protected] For updates, please follow: Bybit’s Communities and Social Media Contact Head of PR Tony Au Bybit [email protected] Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
https://bitcoinethereumnews.com/tech/bybit-opens-vault-of-legends-with-500000-usdt-in-exclusive-vip-rewards/
Tag: cryptocurrency
ADA Price Prediction: Cardano Eyes $0.70 Recovery Despite Oversold Bounce Setup
Cardano (ADA) finds itself at a critical juncture as technical indicators flash oversold signals while the cryptocurrency trades near multi-month lows. With RSI hitting 29. 64 and ADA testing its 52-week low of $0. 47, our comprehensive ADA price prediction analysis reveals a mixed but cautiously optimistic outlook for the coming weeks. ADA Price Prediction Summary • ADA short-term target (1 week): $0. 52 (+10. 6%) bounce from oversold conditions • Cardano medium-term forecast (1 month): $0. 65-$0. 70 range (+38-49%) • Key level to break for bullish continuation: $0. 824 (analyst consensus breakout level) • Critical support if bearish: $0. 46 (immediate) and $0. 27 (major support) Recent Cardano Price Predictions from Analysts The latest analyst predictions for ADA paint a cautiously optimistic picture despite current bearish momentum. InvestingHaven presents the most bullish ADA price prediction with targets ranging from $0. 66 to $1. 88 long-term, contingent on breaking the crucial $0. 824 resistance level. This Cardano forecast aligns with a potential W-reversal pattern formation. Short-term predictions show more conservative expectations, with CoinCodex projecting stability around $0. 51 while their medium-term outlook suggests a 33% increase to $0. 68. The Price Forecast Bot’s technical analysis points to $0. 69 as a realistic ADA price target within the next month. Notably, Journee-Mondiale stands out with an ambitious $1. 00 price prediction citing Q4 seasonal strength, whale accumulation patterns, and potential ETF approval catalysts. However, Changelly’s bearish assessment warns of continued weakness based on declining moving averages. ADA Technical Analysis: Setting Up for Oversold Bounce Current Cardano technical analysis reveals ADA in deeply oversold territory with RSI at 29. 64, traditionally signaling potential bounce conditions. The MACD histogram at -0. 0045 confirms bearish momentum, but the severity suggests exhaustion selling may be near completion. ADA’s position at 0. 07 within the Bollinger Bands indicates the price is hugging the lower band at $0. 46, often a precursor to mean reversion toward the middle band at $0. 55. The 24-hour trading range of $0. 46-$0. 50 shows sellers struggling to push below the psychological support level. Volume analysis from Binance spot market shows $121. 9 million in 24-hour turnover, suggesting institutional interest remains despite the -4. 78% daily decline. The Average True Range of $0. 04 indicates moderate volatility, providing opportunities for swing traders. Cardano Price Targets: Bull and Bear Scenarios Bullish Case for ADA Our bullish ADA price prediction centers on a recovery to $0. 65-$0. 70 within 30 days. This scenario requires ADA to first reclaim the immediate resistance at $0. 52 (EMA 12), followed by a push toward $0. 55 (SMA 20 and Bollinger Band middle). The critical ADA price target for sustained bullish momentum lies at $0. 824, as identified by multiple analysts. Breaking this level could trigger the W-reversal pattern, potentially targeting the $1. 00 psychological level supported by Q4 seasonal trends and whale accumulation. Technical confirmation would come from RSI moving above 50 and MACD turning positive, with volume expansion above $150 million daily average supporting the breakout. Bearish Risk for Cardano The bearish scenario for our Cardano forecast involves a breakdown below the immediate support at $0. 46. This would expose ADA to a test of the major support zone at $0. 27, representing a potential 43% decline from current levels. Warning signs include sustained trading below the 200-day SMA at $0. 73 and failure to generate a meaningful bounce from oversold conditions. A break below $0. 45 would invalidate the near-term bullish thesis and suggest further distribution. Should You Buy ADA Now? Entry Strategy Based on our Cardano technical analysis, a layered approach offers the best risk-reward setup. Consider initial positions at current levels ($0. 47) with stop-loss at $0. 44, targeting the first resistance at $0. 52. For conservative investors, wait for confirmation above $0. 52 before entering, with targets at $0. 65. Aggressive traders might consider the oversold bounce play but should limit position size to 2-3% of portfolio given the bearish momentum. The buy or sell ADA decision ultimately depends on time horizon short-term traders can capitalize on oversold conditions, while long-term investors should wait for confirmation above $0. 55 to ensure trend reversal. ADA Price Prediction Conclusion Our comprehensive ADA price prediction suggests a cautiously optimistic outlook with medium confidence. The combination of oversold technical conditions and analyst consensus around $0. 65-$0. 70 targets supports a recovery scenario within 30 days. Key indicators to monitor for confirmation include RSI breaking above 35, MACD histogram turning positive, and volume expansion above $150 million. For invalidation, watch for breaks below $0. 45 which would signal continued bearish pressure. The timeline for this Cardano forecast extends through December 2025, with the critical $0. 824 breakout level determining whether ADA can achieve the more ambitious $1. 00 targets suggested by bullish analysts.
https://bitcoinethereumnews.com/tech/ada-price-prediction-cardano-eyes-0-70-recovery-despite-oversold-bounce-setup/
Coinbase (COIN) Stock Price Prediction: 2025, 2026, 2030
Analysts are saying that Coinbase could hit $177 by 2030. Bullish on COIN? Invest in Coinbase on SoFi with no commissions. If it’s your first time signing up for SoFi, you’ll receive up to $1,000 in stock when you first fund your account. Plus, get a 1% bonus if you transfer your investments and keep them there until December 31, 2025. Through acquisition and expansion, Coinbase Global, Inc. (COIN) is positioning itself to evolve into more than just the largest U. S.- based cryptocurrency exchange. By creating institutional partnerships, investing in innovation and technology, and working to diversify its revenue streams, the company is trying to become a financial platform for both individual and institutional customers, while also making moves to insulate itself from some of the volatility of the cryptocurrency market. But because Coinbase is so crypto-heavy, there’s a lot of uncertainty surrounding its current valuation and how the stock will perform over the next five years. Below, we’ll draw on recent trends, expert analysis, and algorithmic projections to survey Coinbase stock price predictions for 2025, 2026, and 2030. Current Coinbase Stock Overview Market cap: $71. 63 Billion Trailing P/E Ratio: 22. 81 Forward P/E Ratio: 39. 06 1-Year Return: -18. 81 2025 Year to Date: +6. 40% despite the stock price trending downward over the last few weeks. As of November 2025, Coinbase stock trades near $264. This is well below its 52-week high of about $444. 65 and its reported 52-week average of approximately $284. 65. Its trailing P/E ratio sits high at 22. 81, indicating investor optimism for future growth and earnings. Current market sentiment is mixed, due in part to soft earnings in Q2 2025 and a perceived cooling of the retail cryptocurrency market; but Coinbase’s partnerships with Circle and JPMorgan Chase have fueled some analysts to remain bullish. Coinbase and Circle co-created the USDC stablecoin, and Coinbase shares in the revenue and promotes its use across its platform. The recently-signed GENIUS Act regulates and establishes stablecoin as a digital asset that can be used for payments and settlements with a redeemable fixed monetary value. Circle is the issuer of USDC, and with increased purchase and adoption, Coinbase should benefit. The company’s partnership with JPMorgan is also a move to increase accessibility and use of stablecoin, as well as Coinbase services. Chase customers link their bank accounts to Coinbase and either through the linked account or a Chase credit card, fund a Coinbase account which can be used to purchase stablecoin or other cryptocurrency, generating revenue for Coinbase through transaction fees. Chase customers can also redeem Chase Ultimate Rewards points for USDC. Thirteen of 25 analysts find Coinbase stock a Buy based on positive projections for future growth, fueled by current trends in the cryptocurrency market, potential benefits from the GENIUS Act and strategic institutional alliances it has made. Ten out of 25 analysts consider Coinbase stock a Hold. Concern over its ability to meet future earnings expectations linger, as the company missed its mark with last quarter earnings falling short. Only two analysts consider the stock a sell. Quick Snapshot Table of Predictions Bull & Bear Case Bull Case A majority of analysts lean bullish, with Coinbase considered a Moderate Buy due to strong performance history, a solid position in the cryptocurrency market, and growth potential from its expanding role in stablecoins, particularly USDC. 3-year net income CAGR of 165% (top 10% in the industry) and 5-year net income CAGR of 216%, signal strong historical growth and profitability trends. Bear Case Volatility in the cryptocurrency market, heavy reliance on retail revenue, and increasing industry competition could weigh on future performance. Trailing 12-month net income is 93% lower than the 3-year average of 164%, showing a steep recent drop in profitability. Free cash flow yield of 1. 68% ranks in the bottom 10% of its industry, suggesting potential overvaluation. Coinbase Stock Price Prediction for 2025 Coinbase’s performance is expected to closely mirror the broader cryptocurrency market, with potential for both substantial upside and pronounced volatility. If Bitcoin and Ethereum continue to climb, Coinbase should benefit as its revenue is tied to trading activity, while downturns in crypto markets could have the opposite effect. Institutional adoption is also an important factor. Major players such as Fidelity Investments, Goldman Sachs, Citibank, and BNY Mellon are expanding into cryptocurrency, and increased institutional participation could drive higher trading volumes and boost Coinbase’s transaction revenue. Analyst projections for the period reflect a mixed outlook, underscoring the company’s dependence on market conditions and its ability to sustain growth in a highly volatile sector. Coinbase Stock Price Prediction for 2026 Coinbase may face headwinds in 2026 as cryptocurrency market fluctuations remain a dominant factor in its performance. The company’s fortunes are still closely tied to digital asset prices, which makes it vulnerable to broader volatility across the sector. That said, Coinbase has taken steps to diversify its revenue streams, reducing its reliance on pure trading volume. Potential regulatory clarity, including recent developments such as the GENIUS Act, could also provide a tailwind by legitimizing operations and encouraging institutional participation. These factors give analysts and investors some optimism that Coinbase’s longer-term trajectory may remain constructive despite short-term pressures. Coinbase Stock Price Prediction for 2030 The health of the cryptocurrency market in 2030 will largely determine Coinbase’s long-term trajectory. Because the company’s revenues are heavily linked to trading activity and digital asset valuations, its performance is expected to track broader crypto market cycles. Conservative projections envision only modest growth if the crypto market expands at a steady pace, leaving Coinbase trading close to where it is today. If digital assets outperform expectations and adoption accelerates, Coinbase’s valuation could climb meaningfully. Conversely, a prolonged downturn in crypto markets could lead to steep declines. Ultimately, Coinbase’s outlook hinges on whether cryptocurrency achieves wider global integration and institutional adoption, or whether regulatory and competitive pressures dampen demand. Investment Considerations Growth investors may find Coinbase appealing, especially if they’re comfortable with its close ties to the cryptocurrency market and its associated volatility. That volatility could make COIN particularly attractive to speculative investors, as the potential for dramatic price swings exist, making short-term gains a possibility, but with just as much potential for loss. With its focus on expansion and diversifying, Coinbase may be too volatile for value investors. The company’s expansion into stablecoin revenue and staking, establishing itself as a primary infrastructure provider for the Web3 ecosystem, and providing services for institutional investors, could be a growth catalyst, but also a stabilizer. With so many unknowns, however, projections for future stock prices remain mixed. Frequently Asked Questions * Plus500 is a Benzinga Partner and the promotion of this offer was sponsored by the Partner. This does not impact the content at all.
https://www.benzinga.com/money/coinbase-stock-price-prediction
El Salvador Quietly Became the 5th Largest Bitcoin Holder
El Salvador has added $100 million worth of Bitcoin to its national reserves over the past week, purchasing 1, 098 BTC amid declining market conditions. The Central American nation now holds 7, 474 Bitcoin valued at approximately $688 million, according to the country’s Bitcoin office. President Nayib Bukele shared details of the recent acquisition on social media, reaffirming his administration’s commitment to building cryptocurrency reserves. The government has implemented a daily purchasing strategy designed to accumulate digital assets gradually while minimizing exposure to price volatility. Strategic Accumulation Through Daily Purchases El Salvador adds one Bitcoin to its reserves each day as part of its long-term investment strategy. This approach allows the government to reduce its average acquisition cost through consistent buying during market downturns. Stacy Herbert, director of El Salvador’s Bitcoin Office, explained that the initiative aims to provide citizens with greater financial autonomy. The government wants to reduce dependence on traditional banking systems and encourage cryptocurrency adoption among its population. Most Salvadorans currently use the U. S. dollar for everyday transactions. El Salvador became the first country to adopt Bitcoin as legal tender in September 2021. However, public acceptance has progressed slowly. Many citizens remain hesitant about cryptocurrency use despite government incentives and educational programs. The International Monetary Fund has expressed concern about El Salvador’s Bitcoin holdings. The organization warned about potential financial risks associated with maintaining large cryptocurrency reserves. Nevertheless, President Bukele has dismissed these warnings and continued the accumulation strategy. Government Stays Steady While Market Declines Bitcoin prices fell below $90,000 this week, dropping nearly 5% in a single trading session. The decline triggered widespread selling among retail investors who had entered the market within recent months. At the time of writing, Bitcoin is trading at $90,635, suggesting a 5. 21% decline in the last 24 hours. Market data shows approximately 148, 000 BTC changed hands during the selloff, marking the largest short-term transfer since April 2025. Many inexperienced investors sold their holdings at substantial losses to avoid further depreciation. El Salvador maintained its purchasing schedule throughout the downturn. The government’s steady approach contrasts sharply with the panic-driven decisions of individual traders. The Czech National Bank recently announced its first Bitcoin acquisition, signaling growing institutional interest in digital assets. However, government purchases alone cannot prevent retail investor panic from affecting market prices. El Salvador currently ranks as the fifth-largest government holder of Bitcoin globally. The United States, China, the United Kingdom, and the European Union hold larger reserves. Despite having a relatively small economy, El Salvador has distinguished itself through aggressive cryptocurrency accumulation.
https://bitcoinethereumnews.com/bitcoin/el-salvador-quietly-became-the-5th-largest-bitcoin-holder/
VanEck launches Solana ETF, stakes for investors
VanEck, Grayscale launch Solana ETFs; price swings, inflows key VanEck launched its Solana exchange-traded fund on Nasdaq on Nov. 17, providing institutional access to the cryptocurrency, the company announced. The fund was seeded with an initial basket purchased at the end of October, according to regulatory filings. VanEck will waive the sponsor fee for a limited period on the first tranche of assets, though the ETF charges a unified expense ratio. State Street Bank will serve as administrator, with crypto custody provided by two major custodians, the filings showed. The fund plans to stake a portion of its Solana (SOL) holdings through third-party validators, with staking rewards accruing to the fund’s net asset value, according to the custodian. The initial staking provider has agreed to waive its fee during the fee-waiver period. Grayscale launched a spot Solana fund in late October, accumulating significant assets by mid-November driven by record inflows in its first days, making it the first U. S.-listed Solana ETF. Grayscale charges a management fee and recently reduced its staking fee until the fund reaches a certain size, passing most staking yield to investors, according to company statements. Solana’s price has declined sharply in recent weeks, trading well below its level from a month earlier as of mid-November, according to market data. The token peaked earlier in the year and has been correcting since. Market analysts have identified a nearby price band as critical support. A break below that level could push prices lower, while a sustained move above a higher threshold would signal weakening bearish momentum, analysts stated. Trading volumes have increased with volatility. Some analysts have projected sizable combined inflows for Solana-linked funds in their first year. The performance of the new funds will depend on Solana’s price trajectory, according to market observers.
https://bitcoinethereumnews.com/tech/vaneck-launches-solana-etf-stakes-for-investors/
The Intriguing Links and Future Exploration of Bitcoin’s Architect
A prominent figure in the evolution of digital currency, Nick Szabo, remains a pivotal contributor to Bitcoin‘s conceptual foundations. Notably associated with innovations preceding Bitcoin, Szabo unfolds valuable insights into current and past cryptocurrency realms. Continue Reading: The Intriguing Links and Future Exploration of Bitcoin’s Architect.
https://bitcoinethereumnews.com/bitcoin/the-intriguing-links-and-future-exploration-of-bitcoins-architect/
Revolutionary Cryptocurrency Banking Breakthrough As LevelField Acquires Burling Bank
Imagine walking into your local bank and seamlessly accessing both traditional financial services and cryptocurrency investments. This vision is becoming reality as LevelField secures regulatory approval to acquire Burling Bank, marking a significant milestone in cryptocurrency banking evolution. What Does This Cryptocurrency Banking Acquisition Mean? The groundbreaking deal represents one of the first major moves to integrate cryptocurrency services directly into an FDIC-insured banking institution. LevelField’s planned transformation of Burling Bank could set new standards for cryptocurrency banking accessibility and security. According to Bloomberg reports, the acquisition has cleared crucial regulatory hurdles and now only requires final approval from the U. S. Federal Reserve. This development signals growing regulatory acceptance of cryptocurrency banking models. Why Is This Cryptocurrency Banking Move Important? The integration of cryptocurrency services into traditional banking addresses several critical challenges facing digital asset investors: Enhanced Security: FDIC insurance provides protection for customer deposits Regulatory Compliance: Built-in adherence to banking regulations Mainstream Accessibility: Familiar banking interfaces for cryptocurrency services Integrated Financial Management: Combined traditional and digital asset accounts This cryptocurrency banking initiative could bridge the gap between conventional finance and digital assets, making cryptocurrency services available to millions of bank customers who might otherwise hesitate to enter the digital asset space. How Will Cryptocurrency Banking Services Work? The transformed Burling Bank will operate as a full-service institution offering both traditional banking and cryptocurrency services. Customers can expect: Cryptocurrency buying and selling through banking platforms Secure digital asset storage solutions Integrated account management Regulatory-compliant transaction monitoring This cryptocurrency banking model represents a significant step toward legitimizing digital assets within the traditional financial system. Moreover, it provides a regulated pathway for institutional and retail investors to participate in cryptocurrency markets. What Challenges Remain for Cryptocurrency Banking? Despite the progress, several hurdles remain for widespread cryptocurrency banking adoption: Final Federal Reserve approval requirements Technical integration complexities Regulatory compliance across multiple jurisdictions Customer education and adoption rates However, the LevelField-Burling Bank deal demonstrates that cryptocurrency banking is moving from theoretical concept to practical reality. The successful implementation could inspire similar initiatives across the financial sector. The Future of Cryptocurrency Banking This acquisition signals a transformative moment for cryptocurrency banking infrastructure. As traditional financial institutions recognize the demand for digital asset services, we can expect more banks to explore similar cryptocurrency banking integrations. The LevelField model could become the blueprint for future cryptocurrency banking services, combining the security of FDIC insurance with the innovation of digital asset management. This approach addresses consumer concerns about security while providing access to emerging financial technologies. Conclusion: A New Era for Cryptocurrency Banking The LevelField acquisition of Burling Bank represents more than just a business transaction-it symbolizes the maturation of cryptocurrency banking. By bringing digital assets under the regulatory umbrella of traditional banking, this move could accelerate mainstream adoption while maintaining necessary consumer protections. As the financial landscape evolves, cryptocurrency banking services like those planned by LevelField may become standard offerings at banks nationwide. This development marks a crucial step toward integrating digital assets into everyday financial life. Frequently Asked Questions What is cryptocurrency banking? Cryptocurrency banking refers to traditional financial institutions that integrate digital asset services alongside conventional banking products, allowing customers to manage both fiat currency and cryptocurrencies through unified platforms. When will LevelField complete the Burling Bank acquisition? The deal currently awaits final approval from the U. S. Federal Reserve. While no specific timeline has been announced, regulatory processes typically take several months to complete. Will cryptocurrency services be available to all Burling Bank customers? While specific rollout plans haven’t been detailed, LevelField intends to transform Burling Bank into a full-service institution offering cryptocurrency banking services to interested customers. Are cryptocurrency deposits FDIC insured? Traditional deposit accounts remain FDIC insured, but cryptocurrency assets typically fall outside FDIC coverage. However, the banking infrastructure provides additional security measures for digital asset storage. How does this affect existing Burling Bank customers? Existing customers will maintain their current services while gaining access to new cryptocurrency banking options as they become available following the acquisition completion. Will other banks follow this cryptocurrency banking model? The success of LevelField’s cryptocurrency banking initiative could inspire similar moves across the industry as financial institutions seek to meet growing customer demand for digital asset services. Found this insight into cryptocurrency banking evolution valuable? with colleagues and friends interested in the future of finance and digital assets. Help spread awareness about how cryptocurrency banking is transforming our financial landscape. To learn more about the latest cryptocurrency banking trends, explore our article on key developments shaping cryptocurrency institutional adoption.
https://bitcoinethereumnews.com/tech/revolutionary-cryptocurrency-banking-breakthrough-as-levelfield-acquires-burling-bank/
Bitcoin Price Just Flashed A Death Cross, But It’s Not What You Think
Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.
https://bitcoinethereumnews.com/bitcoin/bitcoin-price-just-flashed-a-death-cross-but-its-not-what-you-think/
Peter Schiff Calls Strategy’s Bitcoin Model a Fraud, Challenges Michael Saylor to Debate
**Gold Investor Peter Schiff Labels Strategy’s Business Model a “Fraud” and Challenges Michael Saylor to Debate in Dubai**
Gold advocate and seasoned investor Peter Schiff has escalated his criticism of Strategy’s business operations, calling its entire model a “fraud” in a social media post on Sunday. Schiff, known for his strong stance in favor of gold over cryptocurrencies, took to challenging Strategy founder Michael Saylor to a public debate. The proposed debate is scheduled to take place at Binance Blockchain Week in Dubai, United Arab Emirates, this December. Additionally, Schiff extended a separate challenge to Binance co-founder Changpeng Zhao to participate in the same event.
His attacks come amid heightened downward pressure on Bitcoin, which has experienced significant market turbulence recently. Schiff argues that Strategy’s business model relies heavily on income-oriented funds purchasing its high-yield preferred shares. He claims these proposed yields are unlikely to be paid out in reality. Schiff warns that once fund managers realize this, they will start selling off the preferred shares, leading to a “death spiral” for Strategy. Such a scenario would make it increasingly difficult for the company to issue new debt, potentially accelerating its decline.
**Bitcoin’s Volatility and Strategy’s Stock Performance**
Bitcoin has fallen below the $99,000 mark recently, marking a decline of over 20% from its all-time high above $125,000 reached in October. The market experienced a significant flash crash on October 10, wiping tens of billions of dollars in value from the crypto sector. Currently, Bitcoin trades around $95,000, reflecting the ongoing volatility.
Strategy’s stock has also suffered substantial declines, dropping over 50% since July and now trading at approximately $199. Its mNAV (multiple on net asset value), which measures the premium over its underlying Bitcoin holdings, fell below 1 in November—a concerning sign for investors. Although it has since rebounded to 1.21, investors generally consider a healthy mNAV to be 2 or higher, indicating that the current market sentiment remains cautious.
**Michael Saylor’s Continued Confidence and Bitcoin Holdings**
Despite these challenges, Michael Saylor has hinted at further Bitcoin acquisitions. On social media, he posted a “Big Week” message accompanied by a portfolio chart indicating Strategy currently holds around 641,692 BTC. Based on recent Bitcoin prices, these holdings are valued at over $61 billion.
Strategy reportedly acquired its Bitcoin at an average cost near $74,000 per coin, and Saylor remains optimistic about future purchases. His willingness to accumulate more Bitcoin amidst market downturns underscores his firm belief in digital assets’ long-term potential.
**Gold Market Remains Resilient**
In contrast to cryptocurrencies, gold has maintained relatively stable pricing above $4,000 per ounce. It’s currently trading at approximately $4,085 per ounce. Gold experienced a brief dip below the $4,000 threshold but quickly recovered, reaching an all-time high of around $4,380 per ounce in October. At that peak, gold’s market capitalization surpassed $30 trillion.
Though there has been some retracement, gold remains a safe haven amid cryptocurrency market turbulence. Market analysts continue to monitor its performance as a stabilizing asset class.
**Market Insights and Future Outlook**
CryptoQuant analyst Maartunn has suggested that Strategy may announce another Bitcoin purchase soon, based on on-chain accumulation data. Meanwhile, Bitwise CEO Hunter Horsley has warned that Bitcoin’s traditional four-year cycle might be shifting. He noted that early selling by traders anticipating a downturn in 2026 could be accelerating the decline into 2025, indicating a potential paradigm shift in the crypto market’s behavior.
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*Stay tuned for updates on this developing story as the debate approaches and market conditions continue to evolve.*
https://coincentral.com/peter-schiff-calls-strategys-bitcoin-model-a-fraud-challenges-michael-saylor-to-debate/
SEC Planned to Classify BTC and ETH as Securities, UniSwap Creator Alleges
**Bitcoin and Ethereum at the Center of a Controversial Regulatory Proposal**
A heated dispute has resurfaced in the crypto world after UniSwap creator Hayden Adams disclosed what he describes as one of the most alarming regulatory ideas ever discussed in the United States: a scenario in which Bitcoin, Ethereum, and the rest of the major cryptocurrencies would have been branded as securities.
The claim is not based on speculation but stems from a conversation Adams says he had with Sam Bankman-Fried (SBF) shortly before the collapse of FTX. According to Adams’ recollection, SBF suggested that the SEC, under Chairman Gary Gensler at the time, was preparing to expand its jurisdiction to cover the entire crypto market.
### A Deal That Could Have Reshaped U.S. Crypto Markets
Instead of a multi-exchange environment, Adams understood the proposal as leading to a single licensed on-ramp for trading cryptocurrencies in the United States. Under this plan, one company would receive the only legal brokerage license to handle crypto assets, while another, affiliated with FTX, would be granted the exclusive exchange license.
In practice, this would have meant that all other platforms would lose legal access to U.S. markets. Although SBF never explicitly used the words “exclusive monopoly,” the direction of the conversation left Adams with no doubt about the intention behind the proposal.
He claims to have rejected the idea immediately, calling it contrary to the foundation of open blockchain networks.
### The Most Shocking Part: Targeting Bitcoin and Ethereum
What has attracted the most attention is not the licensing model but the assets allegedly targeted. Adams claims he was told that even Bitcoin and Ethereum were on the SEC’s radar for securities designation—not just smaller altcoins.
If true, this would represent the single largest shift in the legal treatment of digital assets in U.S. history.
### How the FTX Collapse Ended the Push
According to Adams, the plan never progressed beyond the negotiation stage because FTX imploded only days later. He framed the outcome as an unexpected turning point for the industry, stating that if FTX had not collapsed when it did, the entire market landscape could look completely different today.
Adams’ revelation has reignited old questions about how closely SBF was working with regulators before the collapse and whether some industry players were attempting to shape crypto rules in their favor, all while presenting themselves publicly as advocates for “responsible regulation.”
### The Aftermath and Industry Reaction
Neither the SEC nor Sam Bankman-Fried has publicly responded to Adams’ recent claims. Additionally, there is no independent confirmation of the alleged conversation.
Nonetheless, this disclosure has triggered anxiety within crypto circles because it revives a long-running concern: that regulation in the U.S. is not only about providing clarity but may also be a battle over who controls the industry.
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*The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice.*
Coindoo delivers comprehensive forecasts and insights for digital assets, providing readers with in-depth and reliable information on the latest market trends. Their expertise and professionalism make them a valuable source for investors, traders, and anyone following the dynamics of the crypto world.
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https://bitcoinethereumnews.com/bitcoin/sec-planned-to-classify-btc-and-eth-as-securities-uniswap-creator-alleges/