News from the Bitcoin network · 30 recent stories
Jensen Huang has announced his resignation as Nvidia CEO, and speculation is growing that he was forced out after advocating open-source AI models. The theories are unconfirmed, and the piece draws parallels with the open-source development fight within Bitcoin. An undisclosed source reportedly told CNBC something about the matter, but the excerpt does not give details.
A preprint analysing the 2026 public force-close cohort on the Lightning Network found a median fee of 925 satoshis per channel. The broadcaster's balance faced a median wait of 2.5 days, so forced closures can be cheap but slow.
The IEA raised its fourth-quarter oil supply forecast by 3.3 million barrels a day. The article argues that the extra supply is mostly at sea, with land stocks depleted and diesel shortages, so the relief it links to Bitcoin is conditional.
CoinGlass recorded $2.05 billion in liquidations across tracked exchanges as bitcoin fell, with the large majority being long positions betting on rising prices. Binance accounted for close to $800 million of the total.
Bitcoin broke below $63,000 to a three-month low, with Coinbase and Bitstamp both recording the break. Crypto liquidations surged past $1.9 billion as the price neared that level, and one analyst, James Check, flagged a fourth capitulation wave.
Bitcoin slipped below $64,000, with CoinGecko showing it near $65,500 on the afternoon of 14 November and Newhedge recording long liquidations below $66,000. The decline has deepened since the price broke below $72,000 on 12 November, and the drawdown from the October high now exceeds 24%.
Peter Schiff's 14 November call says Bitcoin may fall below $16,500 by year-end if the $50,000 level breaks next, extending his earlier $20,000 warnings. The article notes that Bitcoin and Ethereum were trading above the conditions he identified at the time. No year is stated in the text.
Bitcoin traded near $64,000 on 14 November, down more than 21% over one month. Michael Saylor highlighted positive returns from Strategy's income-paying preferred shares, STRC, while the slide pushed the company's bitcoin holdings further below their acquisition cost.
Cobra, the pseudonymous owner and maintainer of bitcoin.org, says he has never seen bitcoiners so demoralised after a brutal bear market. He highlights several tailwinds for bitcoin in the short term while stressing that holding it is extremely risky at present. The headline also says he warns that AI threatens bitcoin self-custody as a winter looms, though the excerpt available does not detail that argument.
Crypto Briefing reports that the US government holds about $20 billion in Bitcoin and Ether. The article suggests these holdings could influence market dynamics, policy decisions and future regulatory frameworks for digital assets.
Bitcoin fell from around $81,000 to under $65,000, with an intraday low of $65,020, as excessive leverage led to over $500 million in liquidations on Saturday alone, 94% of them longs. Ted Pillows found no evidence of large sell-offs above $50 million, and wallets linked to Erik Voorhees bought nearly $100 million of ETH over four days. Markets also priced in a near-certain December Fed rate hike, according to CME Fedwatch, Kalshi and Polymarket.
JPMorgan's third-quarter 13F filing shows it raised its Strategy (MSTR) stake by 36% to 848,932 shares, worth $131.3 million, up from $57.9 million in June. It holds 11,408,930 iShares Bitcoin Trust (IBIT) shares from BlackRock, worth $540 million, but cut its iShares Ethereum Trust (ETHA) holding to 399 shares from about 1.17 million.
Strategy's Michael Saylor has proposed a digital credit plan worth between $10 billion and $30 billion. The article says it could reduce shareholder dilution but would increase dividend obligations.
Stablecoin supply has dropped by $26.15 billion from its May 2026 peak, according to market data reported by Bitcoin.com News on Saturday, 14 November. Tokenised US Treasury funds are also contracting, which the article links to questions about available capital and dry powder in the market.
HYPE traded near $73 on Friday, down about 7% over seven days, compared with a fall of more than 9% for Bitcoin and nearly 14% for Ethereum. Bitunix research found HYPE's open interest on Hyperliquid fell about 12%, from $1.21 billion to $1.07 billion, while Ethereum's fell more than 52% on the same platform. US spot Bitcoin ETFs recorded $284.1 million in outflows on November 12, their sixth consecutive negative session.
The Bitcoin Policy Institute has proposed that Britain could use bitcoin mining to absorb surplus Scottish wind power. The report argues this could reduce payments made to wind farms to halt generation, which is tied to a $1.3 billion grid bill.
Bitcoin and ether are both trading in price ranges where market makers and dealers may add to volatility. The article describes this as a behind-the-scenes force that could amplify price swings, but it gives no specific figures.
Bitcoin's fall below $67,000 has deepened Strategy's shortfall against its purchase cost, which now stands at $7.7 billion. The article notes that the $67,000 level does not in itself trigger a margin call.
Both headline US inflation readings came in below forecasts, though the headline cites producer prices at 6.5%. Bitcoin and ether edged higher. Interest-rate markets still price in a December rate hike by the Federal Reserve.
US spot Bitcoin ETFs recorded $185.4 million in net outflows on Friday, led by BlackRock's IBIT with $143.5 million and Fidelity's FBTC with $41.9 million. The article reports roughly $2.35 billion in outflows over two weeks, and says BlackRock's losing streak has reached 11.
Bitcoin's mining difficulty fell 9.1%, the largest drop since June and the year's third-largest cut, after blocks were found more slowly. The change lifts expected revenue per unit of hashing power, which offers some relief to miners squeezed by bitcoin's recent price slide.
Metaplanet cut its 2026 revenue forecast to ¥6.5 billion from ¥16 billion and its operating profit forecast by 74%, to ¥3 billion. The firm blamed an mNAV below 1x, which made new share sales dilutive, so buybacks now take priority over new Bitcoin purchases. MSCI will remove Metaplanet and Strategy from its indexes on November 30, which could force funds tracking those benchmarks to sell.
Bitcoin fell back from above $81,000 after an earlier attempt at $87,000, with macro pressure, rising inflation and higher Fed rate-hike odds cited as drivers. ChatGPT said Bitcoin is no longer in a confirmed bull market after losing its 50-week moving average, with price heading toward the $66,000 area. Grok and Perplexity called it a sharp but normal correction, though Perplexity noted the bull case is invalidated until the price reclaims lost levels.
A Satoshi-era bitcoin wallet that was served with a court notice in a $260 billion lawsuit has moved 75 BTC, worth roughly $5 million. The coins had sat untouched since 2011. The transfer also spent the tiny payment that had been used to deliver the court notice to the address in May.
Bitcoin fell below $68,000 on November 13, more than 45% below its $126,080 all-time high. Analyst Z argues the record will not return, citing higher interest rates and competition for capital from AI firms and SpaceX, while Michaël van de Poppe and Merlijn The Trader see a possible bottom near current levels. CryptoQuant data shows the drawdown of roughly 19% is larger than the 14.39% average bull-market correction.
Ether has fallen below $1,900, with losses outpacing those of bitcoin. US spot ether ETFs recorded a sixth consecutive session of net withdrawals, and the flow tally for the following day was still incomplete at the time of reporting.
AAVE, the governance token for the Aave protocol, has lost about 30% over four weeks, a larger percentage fall than bitcoin or ether. Aave's dollar-denominated locked value fell by a smaller proportion than the token.
Trezor CTO Tomáš Sušánka says SHRINCS, the leading post-quantum signature proposal for Bitcoin, is difficult for hardware wallet makers because its stateful option needs precise state tracking to prevent fund theft. Trezor is considering making the larger, slower stateless signatures the default and hiding the stateful option in advanced settings. He also said hardware devices need post-quantum firmware authentication, which the Trezor Safe 7 already supports.
Contracts selling power to a 4% slice of global bitcoin mining at $44 per megawatt-hour expire on 31 December 2027, and Paraguay's state utility says that date is final. The utility has just signed a 15-year deal to supply a Founders Fund-backed AI campus, with the headline putting miners' annual payments to Paraguay at about $350 million.
TSMC confirmed that employee information appeared on external websites, but said its own systems were not breached and customer and production data were not affected. Sellers on DarkForums and BreachForums reportedly offered around 46,000 records for 3 Bitcoin, with samples showing names, national ID numbers and bank details. TSMC says it is working with a cloud service provider, cybersecurity firms and law enforcement, and the same wave of incidents has hit other Asian firms and Coinbase's analytics vendor Amplitude.