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Bitcoin Price Watch: Bulls Tease Breakout as Resistance Holds the Line


On Sunday, Nov. 2, bitcoin is coasting along at $110,896 to $111,087 over the past 60 minutes, securing a market cap of $2.21 trillion and churning out a 24-hour trading volume of $32.63 billion. The intraday price range flirted between $109,713 and $111,129, teasing breakout watchers...

The ‘Uptober’ That Wasn’t: Bitcoin Ends Seven‑Year Winning Streak


While many were expecting bitcoin prices to blow up during October, as they had during the previous seven years, BTC failed to follow through. Although the leading cryptocurrency reached record highs, it also fell as low as $104K, enduring one of its harshest liquidation events. ‘Uptober’ Trend...

Volatility Reigns: BTC Swings $10K as Privacy Coins Defy Market Rout to Soar


The crypto economy closed the last week of October with significant volatility, marked by price swings and liquidations. Bitcoin epitomized this trend, with its weekly price range exceeding $10,000. Price Drivers and Global Factors The crypto economy ended the last week of October much as it began...

Brazilian Bitcoin Company OranjeBTC Repurchases Shares Amid Stock Slump


The company, Brazil’s largest of its kind, repurchased nearly 100,000 ordinary shares between Oct. 27 and 30 as net asset value (NAV) fell below 1. OranjeBTC said the move “represents an efficient way to increase shareholder exposure to bitcoin.” OranjeBTC Repurchases Stock Amid Price Slump...

Canaan’s 4.5 MW Bitcoin Mining Servers Aim to Stabilize Japan’s Power Grid


Canaan revealed it has inked a 4.5-megawatt deal to deploy its Avalon A1566HA hydro-cooled mining servers in Japan to help balance and stabilize the nation’s power grid. Canaan’s Avalon Systems to Power Japan’s Sustainable Energy Effort The Singapore-headquartered company, Canaan Inc. (Nasdaq:...

Bankman-Fried Blames Lawyers for FTX Collapse, Says $100B in Value Was Lost


The fallen FTX founder Sam Bankman-Fried is back on X, insisting his collapsed exchange wasn’t actually insolvent. He’s now claiming that outside lawyers strong-armed the company into filing for bankruptcy. Critics Torch Sam Bankman-Fried’s Latest Claims “FTX was never bankrupt, even when...

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