🎲 BTC Margin Trading Hits All-Time High

The volume of margin trading on Bitcoin has surged to a new absolute record over the past four months. 🚀

More and more traders are jumping into futures, hoping to get rich off just a few lucky trades — market greed and risk-taking are now at peak levels. 🤷

💶 Tether fully retires EUR₮

Tether has officially completed the shutdown of its EUR₮ stablecoin. The token’s issuance was halted back in 2022, and now the company has ended all redemptions across every network. 🧐

ПUsers were given a full year to swap their EUR₮ for euros directly with Tether — today that window is closed.

❗️Any EUR₮ that wasn’t redeemed before the deadline will continue to circulate, but without a guaranteed 1:1 exchange. In other words, the remaining tokens are now essentially illiquid assets with no backing.

📊 Bitcoin stalls near $91,000 — CryptoQuant CEO turns cautious

Bitcoin is stuck around $91k, and CryptoQuant CEO Ki Young Ju isn’t feeling too optimistic. 👀

According to him, on-chain indicators now point to a bearish trend, and any further upside for BTC will depend entirely on macro liquidity. 🏦

In simple terms: if global markets get pumped with fresh money again — Bitcoin still has room to grow. If not… the chart may stay heavy for a while.

🥏 XRP reserves are shrinking fast

Following the launch hype around a potential XRP ETF, Binance’s XRP reserves are dropping sharply (CryptoQuant)

🔽 Holdings have fallen to ~2.7B XRP — one of the lowest levels ever recorded on the exchange.
🔽 Since October 6, users have withdrawn roughly 300M XRP.

🗝 Glassnode: BTC needs to break key supply clusters to regain momentum

🔎 Glassnode reports that Bitcoin’s path to a new all-time high depends on overcoming major supply clusters formed by recent large buyers.

The closest resistance zones are located at $93,000–$96,000 and $100,000–$108,000 — levels where many investors previously bought BTC and may look to take profit. 🧐

A clean breakout above these clusters could restore bullish momentum and open the way to new highs. 🚀

📉 Tom Lee softens his Bitcoin target — but stays bullish

Tom Lee has revised his year-end BTC forecast from $250k to $100k+ (🎥 original interview). He still believes Bitcoin can set a new ATH before December ends. 🚀

Key points from the interview:

• 10 October was “crypto Armageddon” — a pricing glitch triggered the largest mass auto-liquidation event in BTC history. Nearly 2M accounts were wiped, and one-third of market makers vanished.

• Because of this crash, crypto lost its role as a leading market indicator. Now it lags behind, while AI stocks have taken the lead.

• Despite the chaos, Lee insists the market remains bullish — Bitcoin typically makes its strongest moves in just 10 days per year, and those “best days” may still lie ahead.

📉 New month, new dump

The first day of winter kicked off with another market drop:

▪️BTC ~ $86,500
▪️ETH ~ $2,841
▪️SOL ~ $127

What’s notable is the lack of major negative news. 👀

The only thing is that China tightened its policy toward cryptocurrencies, but this became known back on Saturday and didn’t trigger an immediate reaction. 🤷

It seems the market is once again showing that it doesn’t always need a reason to drop sharply — weak liquidity and a nervous open-interest structure are more than enough. 🤔

😏 Elon Musk: Energy is the only real currency — and that’s why Bitcoin works

Key points from the interview:

🔸 Energy is the only true currency — it can’t be printed or mandated by law. That’s why, according to Musk, Bitcoin is built on energy.
🔸 In the future, AI + robots will eliminate scarcity, making traditional money obsolete — but energy will remain the core measure of value.
🔸 Systems based on energy have real, physical value, unlike fiat money backed only by trust.

Musk once again hints that Bitcoin’s strength comes from physics, not politics.

OnlyFans model Sophie Rain has earned $95 million in just two years 🍓

And here we are still trying to just break even on altcoins 🤷

🧸 Crypto Fear & Greed at Extreme Fear (24)

The market is sitting at 24, signaling Extreme Fear.

CZ reminds everyone: “It’s better to sell when there is maximum greed, and buy when there is maximum fear.” 🤷‍♂️

Meanwhile, Bitcoin has bounced back to $87,000 after dipping to $85,000 yesterday. 📈

Are you ready to buy when the market is scared? 👀

Altcoins Won’t Survive Without ETFs? 🙀

🤵‍♂️ CryptoQuant’s CEO warns that altcoin liquidity is fading fast, and only projects able to open new liquidity channels — especially through ETFs — may endure the market.

✔️ Altcoins with approved or pending ETF filings could hold a significant advantage.

Might be a good moment to review your portfolio and consider assets that already have — or may soon get — ETF support. 🤔

📉 How Much Lower Can Bitcoin Go?

Peter Brandt notes that the upper boundary of Bitcoin’s lower logarithmic curve — a zone that has consistently acted as support — lies near $40,000. 👀

And that’s only the upper line… historically, BTC has fallen even deeper below it 🥴

But there’s another twist: in this cycle, Bitcoin also never reached the upper boundary of the curve 🤔

📈 Halving Cycles Broken? Experts Expect Bitcoin Growth in 2026

Both Grayscale and Bitwise claim the traditional four-year BTC cycle is shifting. While Bitcoin still follows the halving rhythm, analysts no longer expect a long bear market. Instead, they predict continued growth into 2026. 🚀

Historically, BTC rallies after halving, then enters a prolonged bearish phase. In this cycle (halving in April 2024), Bitcoin hit a new ATH at $126K exactly in line with past timing — yet the structure appears different. 🧐

Why the old model is breaking:

▪️ Institutions replaced miners — demand from ETFs and corporates is 7× stronger than halving supply cuts.
▪️ No bubble signs — growth has been steady, without the parabolic spikes of past cycles.
▪️ Macro influence — BTC now reacts to global economics; expected Fed easing in 6–9 months may support the trend.

Analysts say the cycle isn’t over — 2026 could bring another leg up. 👀📈

🛠 Bitcoin Miners Face the Toughest Margins in History

With BTC’s price drop, the hashprice has fallen to a structural low of $35 per PH/s, while the median cost of production sits around $44 per PH/s.

Even miners with efficient hardware and cheap electricity are now hovering near break-even.

The payback period for the latest-generation rigs has surged to over 1000 days — a stark contrast to the 3–6 months typical during the 2017 bull run. 😳

The mining sector is entering one of its most challenging phases ever.

🐻 Another Bear Calls for a Drop to $50K

🔎 Bloomberg’s senior strategist Mike McGlone believes Bitcoin could fall to $50,000, noting the asset is strongly overbought relative to gold.

📉 Lower volatility in the stock market is also supporting the current correction.

Both bull and bear camps are growing — and the tension is rising. Who will be right this time? 🤨

🔨 2010 Bitcoin Miner Moves “Sleeping” Coins

A Bitcoin miner from 2010 just moved 50 BTC mined in the early days — coins that have since increased in value by 21.65 million times (~2.165 billion %)! 🙀

These 50 BTC were originally mined in March 2010 for a single block, when Bitcoin was worth only $0.004 — making their initial value around $0.20. 💪

On Dec 2, 2025, the coins were transferred to five new addresses, now valued at roughly $4.33 million. 💰

A rare glimpse into early Bitcoin history and the incredible long-term gains of holding since the Satoshi era. 👀

🚀 Crypto Market Rebounds: Bitcoin Back Above $93K

Bitcoin has surged past $93,000, while Ethereum is trading above $3,050 as the market fully recovers from the December 1 dip, when BTC briefly fell below $84K.

💰 Total crypto market cap has climbed back to $3.15 trillion.

The sharp rebound triggered massive liquidations:

• 123,000+ traders liquidated
• Total losses: $492M
• Short-sellers took the biggest hit — over $310M wiped out on BTC and ETH alone

The market bounces back fast — and punishes the bears even faster.

🛠 Bitcoin mining is getting pricier

According to the latest CoinShares report, the average cost to mine 1 BTC for public miners in Q2 2025 climbed to ~$74,600. 🧐

But if you include non-cash expenses — depreciation and stock-based compensation — the total average cost jumps to ~$137,800 per BTC. 😳

Rising costs highlight growing pressure on miners as profitability tightens, especially with BTC consolidating and competition increasing. 📊