๐คก Blockchain sleuth ZachXBT has named a Cardano holder the โclown of the monthโ after they accidentally lost $6M in a disastrous swap.
The user exchanged 14.4M ADA ($6.9M) for just 847K USDA, Cardanoโs dollar stablecoin โ all because of extremely low liquidity in the pool, which caused a massive temporary price spike during the swap. ๐
Adding to the drama: the holder had kept their ADA untouched for five years before making this single, catastrophic move.๐
The user exchanged 14.4M ADA ($6.9M) for just 847K USDA, Cardanoโs dollar stablecoin โ all because of extremely low liquidity in the pool, which caused a massive temporary price spike during the swap. ๐
Adding to the drama: the holder had kept their ADA untouched for five years before making this single, catastrophic move.๐
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Andrew Tate: โAll BTC holders will end up in jail!โ ๐
Andrew Tate posted that the only way to protect yourself now is to migrate early to private networks and ZK technologies. ๐
Tate โ a former kickboxer and outspoken Bitcoin bull โ previously said he would abandon fiat entirely and invest hundreds of millions of dollars into BTC.
So thatโs whoโs buying up all the ZCash on the market ๐
Andrew Tate posted that the only way to protect yourself now is to migrate early to private networks and ZK technologies. ๐
Tate โ a former kickboxer and outspoken Bitcoin bull โ previously said he would abandon fiat entirely and invest hundreds of millions of dollars into BTC.
So thatโs whoโs buying up all the ZCash on the market ๐
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๐ Bernstein: Bitcoinโs drop doesnโt mean the cycle is over
๐ต๏ธโโ๏ธ Analysts at say Bitcoinโs 25% decline from the October peak is not the start of a new bear market but a temporary correction. The market, they argue, isnโt reacting to weakening fundamentals โ itโs reacting to fear of a repeat of the classic 4-year cycle that previously ended with sharp sell-offs in 2013, 2017, and 2021. ๐
Despite heavy selling by long-term holders, inflows into spot ETFs and corporate reserves continue to offset the pressure:
โ $34B flowed into spot ETFs
โ Institutional ownership in BTC ETFs grew from 20% to 28% since late 2024
โ Total AUM stands at $125B, even after a $3B outflow in recent weeks
Analysts say this shows a more resilient market structure and reduces the risk of deeper declines.
Among long-term growth drivers, Bernstein highlights:
โ Pro-crypto policy support from the Trump administration
โ Expected progress on reg
โ Loosening U.S. monetary policy
The reportโs authors remain long on several crypto assets.
๐ต๏ธโโ๏ธ Analysts at say Bitcoinโs 25% decline from the October peak is not the start of a new bear market but a temporary correction. The market, they argue, isnโt reacting to weakening fundamentals โ itโs reacting to fear of a repeat of the classic 4-year cycle that previously ended with sharp sell-offs in 2013, 2017, and 2021. ๐
Despite heavy selling by long-term holders, inflows into spot ETFs and corporate reserves continue to offset the pressure:
โ $34B flowed into spot ETFs
โ Institutional ownership in BTC ETFs grew from 20% to 28% since late 2024
โ Total AUM stands at $125B, even after a $3B outflow in recent weeks
Analysts say this shows a more resilient market structure and reduces the risk of deeper declines.
Among long-term growth drivers, Bernstein highlights:
โ Pro-crypto policy support from the Trump administration
โ Expected progress on reg
โ Loosening U.S. monetary policy
The reportโs authors remain long on several crypto assets.
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๐ Positive vibes from the CryptoQuant CEO
Ki Young Ju believes the current correction is simply a rotation between long-term holders. Old holders are selling BTC to traders who โ surprisingly โ are also likely to hold it long term. ๐ฐ๐ณ
๐ In his view, the classic cycle theory doesnโt work as long as funds and companies continue injecting liquidity into the market.
Soโฆ does this mean weโre still in a bull market? ๐ค
Ki Young Ju believes the current correction is simply a rotation between long-term holders. Old holders are selling BTC to traders who โ surprisingly โ are also likely to hold it long term. ๐ฐ๐ณ
๐ In his view, the classic cycle theory doesnโt work as long as funds and companies continue injecting liquidity into the market.
Soโฆ does this mean weโre still in a bull market? ๐ค
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๐ Bitcoin to $220K in 45 days?
๐ง Yang Hun Kim โ who claims to have the highest IQ in the world โ predicts that BTC will reach $220,000 within the next 45 days.
He also pledged to donate 100% of his Bitcoin profits to charity, planning to build churches for Jesus Christ in every nation:
"For with God nothing shall be impossible." (Luke 1:37) ๐
๐ง Yang Hun Kim โ who claims to have the highest IQ in the world โ predicts that BTC will reach $220,000 within the next 45 days.
He also pledged to donate 100% of his Bitcoin profits to charity, planning to build churches for Jesus Christ in every nation:
"For with God nothing shall be impossible." (Luke 1:37) ๐
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Crypto soothsayer
Conspiracy theories are back โ some claim BTC is being pushed down to shake out Michael Saylor ๐ง Last night Bitcoin dipped to $93k, sparking a wave of speculation on X that the price is being deliberately driven lower to liquidate Strategyโs positions. ๐ฐTheโฆ
๐ฅ Strategy (ex-MicroStrategy) keeps buying BTC โ and a lot of it
Strategy reported purchasing 8,178 BTC between Nov 10โ16 for $835.6M, with an average price of $102,171. ๐ฐ
As of Nov 16, the company holds 649,870 BTC โ about 3% of the entire supply.
Since 2020, Strategy has spent $48.37B on Bitcoin at an average of $74,433 per coin.
Michael Saylor dismissed rumors of BTC selling โ sparked by the company moving funds to new wallets โ saying they were false and that Strategy was actually buying coins every single day last week.
Strategy reported purchasing 8,178 BTC between Nov 10โ16 for $835.6M, with an average price of $102,171. ๐ฐ
As of Nov 16, the company holds 649,870 BTC โ about 3% of the entire supply.
Since 2020, Strategy has spent $48.37B on Bitcoin at an average of $74,433 per coin.
Michael Saylor dismissed rumors of BTC selling โ sparked by the company moving funds to new wallets โ saying they were false and that Strategy was actually buying coins every single day last week.
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๐จ Extreme fear on the market โ Fear & Greed Index drops to 11
๐Bitcoin has fallen below $90,000, triggering full-blown panic across the market.
๐ธ๐ป But while retail is trembling, El Salvador is buying the dip again: the government purchased 1,090 BTC (~$100M) in addition to its ongoing daily 1 BTC buys.
When fear hits 11, some run โ others accumulate. ๐
๐Bitcoin has fallen below $90,000, triggering full-blown panic across the market.
๐ธ๐ป But while retail is trembling, El Salvador is buying the dip again: the government purchased 1,090 BTC (~$100M) in addition to its ongoing daily 1 BTC buys.
When fear hits 11, some run โ others accumulate. ๐
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๐ฝ Donald Trump stated that $2,000 tariff dividends will be sent to Americans by mid-2026. ๐
Will the bear market last another six months? ๐
Will the bear market last another six months? ๐
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CryptoQuantโs Head of Research, Julio Moreno, believes weโre already in a bear market and warns traders to stay cautious about signals hinting at the end of the correction. ๐ฅ
Interestingly, his view sharply contrasts with that of CryptoQuant CEO Ki Young Ju, who argues that the current dip is just a rotation among long-term BTC holders, not the start of a new bearish cycle. ๐ง
Two experts โ two opposite outlooks.
Which one do you believe? ๐
Interestingly, his view sharply contrasts with that of CryptoQuant CEO Ki Young Ju, who argues that the current dip is just a rotation among long-term BTC holders, not the start of a new bearish cycle. ๐ง
Two experts โ two opposite outlooks.
Which one do you believe? ๐
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โ๏ธ 95% of All Bitcoin Has Been Mined
Miners have officially extracted 19.95M BTC โ thatโs 95% of the total 21M supply set by Satoshi. ๐ฐ
After the April 2024 halving, block rewards dropped from 6.25 to 3.125 BTC, reducing daily issuance from 900 โ 450 BTC. ๐
Even though almost all coins are already in circulation, the remaining 5% will take over a century to mine โ until 2140. ๐
Bitcoin is gradually shifting to a fee-driven economy, where user transaction fees help maintain hash rate and network security. Mining difficulty meanwhile sits at a record 152.27T. ๐จโ๐ป
Miners have officially extracted 19.95M BTC โ thatโs 95% of the total 21M supply set by Satoshi. ๐ฐ
After the April 2024 halving, block rewards dropped from 6.25 to 3.125 BTC, reducing daily issuance from 900 โ 450 BTC. ๐
Even though almost all coins are already in circulation, the remaining 5% will take over a century to mine โ until 2140. ๐
Bitcoin is gradually shifting to a fee-driven economy, where user transaction fees help maintain hash rate and network security. Mining difficulty meanwhile sits at a record 152.27T. ๐จโ๐ป
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๐ซ Global Internet Outage Triggered by Major Cloudflare Failure
๐ถโ๐ซ๏ธ A massive Cloudflare outage โ the company powering a huge share of global internet infrastructure (CDN, DNS, traffic routing, security) โ caused worldwide disruptions.
Social networks, online games, and major services like Twitter, Spotify, OpenAI, and even AWS went offline simultaneously. ๐คท
Cloudflare reports that services are gradually recovering, but many platforms remain unstable depending on region and load.
The internet just reminded us how centralized it really is. ๐ค
๐ถโ๐ซ๏ธ A massive Cloudflare outage โ the company powering a huge share of global internet infrastructure (CDN, DNS, traffic routing, security) โ caused worldwide disruptions.
Social networks, online games, and major services like Twitter, Spotify, OpenAI, and even AWS went offline simultaneously. ๐คท
Cloudflare reports that services are gradually recovering, but many platforms remain unstable depending on region and load.
The internet just reminded us how centralized it really is. ๐ค
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๐ณ Is Bitcoin About to Drop to $87.5K?
๐ CryptoQuant analysts predict a further correction toward $87,500, citing their Bitcoin Composite Index, which has now fallen below 0.75 โ a signal that historically points to deeper pullbacks. ๐
Looks like a quick bounce back to $100K isnโt on the horizon just yet ๐ข
๐ CryptoQuant analysts predict a further correction toward $87,500, citing their Bitcoin Composite Index, which has now fallen below 0.75 โ a signal that historically points to deeper pullbacks. ๐
Looks like a quick bounce back to $100K isnโt on the horizon just yet ๐ข
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โ ๏ธ Quantum computers may break Ethereum before the 2028 US elections
๐ค Vitalik Buterin says the Ethereum base layer should โossifyโ โ becoming stable and nearly unchangeable to avoid bugs and keep the network predictable as it secures hundreds of billions.
Key points:
โข Innovation should move to L2, while L1 becomes a stable settlement and security layer.
โข The early โexperimental spiritโ is fading โ memecoins and copy-paste trends dominate the space.
โข Elliptic curve cryptography will eventually die, and quantum computers could break todayโs cryptographic model before 2028.
โข Ethereum has ~4 years to migrate to quantum-resistant protection.
๐ค Vitalik Buterin says the Ethereum base layer should โossifyโ โ becoming stable and nearly unchangeable to avoid bugs and keep the network predictable as it secures hundreds of billions.
Key points:
โข Innovation should move to L2, while L1 becomes a stable settlement and security layer.
โข The early โexperimental spiritโ is fading โ memecoins and copy-paste trends dominate the space.
โข Elliptic curve cryptography will eventually die, and quantum computers could break todayโs cryptographic model before 2028.
โข Ethereum has ~4 years to migrate to quantum-resistant protection.
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๐ Saylor be like: โBTC -90%? Still buying.โ
๐ Michael Saylor is in full diamond hands mode. In a Fox Business interview, he stated that Strategy can comfortably survive an 80โ90% Bitcoin crash and keep operating as if nothing happened.
Key points:
โข Strategy holds 649,870 BTC, purchased since 2020 for $48.37B at an average of $74,433 per BTC.
โข Saylor claims BTC volatility is dropping โ from 80% in 2020 to ~50% now, and expected to decrease further as institutional investors arrive.
โข Expected BTC returns still outperform the S&P 500, according to him.
โข MSTR shares have dropped over 40% since BTCโs all-time high, but the company keeps buying daily, using various types of shares.
Saylor: โWe are not selling. We bought every day last week.โ
Classic diamond hands. ๐ผ๐งฑ๐
๐ Michael Saylor is in full diamond hands mode. In a Fox Business interview, he stated that Strategy can comfortably survive an 80โ90% Bitcoin crash and keep operating as if nothing happened.
Key points:
โข Strategy holds 649,870 BTC, purchased since 2020 for $48.37B at an average of $74,433 per BTC.
โข Saylor claims BTC volatility is dropping โ from 80% in 2020 to ~50% now, and expected to decrease further as institutional investors arrive.
โข Expected BTC returns still outperform the S&P 500, according to him.
โข MSTR shares have dropped over 40% since BTCโs all-time high, but the company keeps buying daily, using various types of shares.
Saylor: โWe are not selling. We bought every day last week.โ
Classic diamond hands. ๐ผ๐งฑ๐
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๐ BlackRock Bitcoin ETF Hits Record Outflow
BlackRockโs iShares Bitcoin Trust (IBIT) saw its largest single-day outflow since its January 2024 launch, with $523M withdrawn on Nov 19, surpassing last weekโs $463M. The fund remains the worldโs largest spot BTC ETF, holding around $73B in assets. ๐ฐ
Sustained outflows since late October have totaled $2.19B for November so far. When investors redeem ETF shares, managers must sell the equivalent amount of underlying Bitcoin, creating additional market pressure. ๐ฌ๐ธ
BlackRockโs iShares Bitcoin Trust (IBIT) saw its largest single-day outflow since its January 2024 launch, with $523M withdrawn on Nov 19, surpassing last weekโs $463M. The fund remains the worldโs largest spot BTC ETF, holding around $73B in assets. ๐ฐ
Sustained outflows since late October have totaled $2.19B for November so far. When investors redeem ETF shares, managers must sell the equivalent amount of underlying Bitcoin, creating additional market pressure. ๐ฌ๐ธ
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๐ Alts Showing Unexpected Strength vs. Bitcoin โ Glassnode
Despite last weekโs market dip, altcoins suddenly decided to hit the gym. ๐ช
๐ Glassnode reports that most alt sectors outperformed BTC, showing unusual relative strength while Bitcoin dragged its feet.
This is some kind of twisted alt-season, but itโs all weโve got ๐, with alts holding up better than the king itself. ๐๐ฅ
Despite last weekโs market dip, altcoins suddenly decided to hit the gym. ๐ช
๐ Glassnode reports that most alt sectors outperformed BTC, showing unusual relative strength while Bitcoin dragged its feet.
This is some kind of twisted alt-season, but itโs all weโve got ๐, with alts holding up better than the king itself. ๐๐ฅ
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๐ฑGana Payment Just Went to Zero
Rough morning for Gana Payment: the project was hit by a $3.1M exploit, with attackers draining BNB from the protocol and quickly washing it through Tornado Cash. ๐ฅท
๐ The token didnโt survive the blow โ it instantly collapsed almost zero.
Not the kind of โresetโ holders were hoping for todayโฆ ๐คท
Rough morning for Gana Payment: the project was hit by a $3.1M exploit, with attackers draining BNB from the protocol and quickly washing it through Tornado Cash. ๐ฅท
๐ The token didnโt survive the blow โ it instantly collapsed almost zero.
Not the kind of โresetโ holders were hoping for todayโฆ ๐คท
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๐ฎ๐ณ India Prepares Its Own Rupee-Backed Stablecoin: ARC
๐ India is getting ready to launch ARC, a fully backed rupee-pegged stablecoin designed to work alongside the RBIโs digital rupee in a strict two-tier system.
The plan is simple:
โช๏ธStop liquidity from flowing into dollar stablecoins
โช๏ธKeep capital and innovation inside the country
โช๏ธBoost demand for government bonds through secure, regulated backing
If all goes according to plan, ARC will debut in Q1 2026, marking Indiaโs first major step into a sovereign-controlled stablecoin ecosystem.
๐ India is getting ready to launch ARC, a fully backed rupee-pegged stablecoin designed to work alongside the RBIโs digital rupee in a strict two-tier system.
The plan is simple:
โช๏ธStop liquidity from flowing into dollar stablecoins
โช๏ธKeep capital and innovation inside the country
โช๏ธBoost demand for government bonds through secure, regulated backing
If all goes according to plan, ARC will debut in Q1 2026, marking Indiaโs first major step into a sovereign-controlled stablecoin ecosystem.
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