Bitcoin

Focuses on news, price analysis, technological evolution, and market trends within the Bitcoin ecosystem. It explores its role and influence in the global financial system.

How Bhutan is building a green Bitcoin economy from the ground up

Bhutan is leveraging its abundant carbon-free hydropower to build a state-backed Bitcoin mining economy, converting surplus electricity into a digital export. Led by sovereign investment arm DHI, the strategy treats mined Bitcoin as a foreign-currency reserve that has already supported government finances. Mining is restricted to entities within the regulated Gelephu Mindfulness City special jurisdiction under central bank supervision. The approach frames Bitcoin as a “battery” for seasonal energy fluctuations and emphasizes green credentials. Key challenges include Bitcoin’s fiscal risks, price volatility, and the need for transparency in state-linked crypto reserves.

cointelegraph12/23 14:47

How Bhutan is building a green Bitcoin economy from the ground up

cointelegraph12/23 14:47

Bitcoin bull divs build as gold prepares to hit new $4.5K record high

Bitcoin (BTC) traded lower ahead of the Wall Street open, with traders anticipating further downside. BTC/USD was down around 1%, struggling to break the $90,000 resistance level, where it faced significant selling pressure. Analysts noted that moving averages on four-hour timeframes acted as stiff resistance. Some traders, like Crypto Tony, planned to enter long positions if Bitcoin dipped to around $86,800. A whale also opened large short positions on BTC, ETH, and SOL totaling nearly $250 million. Despite the bearish short-term action, bullish divergences were forming on Bitcoin’s three-day chart against both the US dollar and gold, suggesting a potential bottom and a move toward six-figure prices. Meanwhile, gold hit new all-time highs near $4,500 per ounce. Liquidity was thinning due to the holiday season, contributing to choppy price action.

cointelegraph12/23 14:41

Bitcoin bull divs build as gold prepares to hit new $4.5K record high

cointelegraph12/23 14:41

Can Bitcoin Price Still Pump Above $100,000 Before December Ends?

Despite Bitcoin's struggle to break above $90,000, some analysts believe a rally to $100,000 is still possible before December ends. Crypto analyst The Penguin XBT notes that Bitcoin’s structure remains clean across timeframes, showing bullish tendencies. Currently trading between $86,000 and $89,000, Bitcoin could either break out or break down. A breakout might push the price above $100,000, potentially reaching $107,000, while a breakdown could see it fall to $80,000, where support is expected. The completion of Wave 1 suggests Wave 3 may soon begin, potentially driving upward momentum. Patience is advised as the market direction becomes clearer.

bitcoinist12/23 11:29

Can Bitcoin Price Still Pump Above $100,000 Before December Ends?

bitcoinist12/23 11:29

Miners' 'Capitulation' Called a Bullish Factor for Bitcoin. Why

RBC Crypto reports that Bitcoin's price drop and increased mining competition have led to record-low profitability for miners, causing a "tactical" decline in hash rate in recent months. According to an analysis by VanEck, historical data since 2014 shows that periods of declining hash rate have often been a bullish signal for Bitcoin's price in the medium term. In 77% of cases where the hash rate fell over a 90-day period, Bitcoin's price saw positive returns over the next 180 days, with an average increase of 72%. This suggests that "miner capitulation may indicate a bottom" for Bitcoin's price. The hash rate peaked at around 1.31 Zh/s on October 24 but dropped to 1.02 Zh/s by December 23, a nearly 25% decline. During this period, Bitcoin's price fell from $110,000 to $87,500, having peaked at $126,200 in early October. Despite low profitability, many mining companies continue operations due to their belief in Bitcoin's future. The report also highlights the role of Digital Asset Treasury (DAT) companies, which have been accumulating Bitcoin as a reserve. Over a 30-day period until mid-December, these companies purchased approximately 42,000 BTC, the largest such acquisition since July-August 2025. However, DAT companies have faced challenges, with median stock prices for US and Canadian firms dropping 43% by December 8, and 70% of DAT stocks expected to be worth less by year-end. Additionally, 85% of tokens launched in 2025 have fallen below their initial offering price.

RBK-crypto12/23 11:07

Miners' 'Capitulation' Called a Bullish Factor for Bitcoin. Why

RBK-crypto12/23 11:07

2025 Bitcoin Protocol Layer Comprehensive Review

**Summary: Bitcoin Protocol Layer Review 2025** The 2025 Bitcoin Optech annual report highlights a major shift in Bitcoin's development, moving from "passive defense" to "active evolution." The year was defined by three core trends: **defensive hardening** against future quantum computing threats, **functional layering** to enhance scalability and programmability without compromising decentralization, and **infrastructure decentralization** to lower participation barriers and strengthen censorship resistance. Key developments include: 1. **Quantum Defense:** A clear, actionable roadmap emerged, with proposals like P2TSH and discussions on post-quantum signature schemes (e.g., Winternitz, STARKs). 2. **Soft Fork Proposals:** A surge in proposals (e.g., CTV, CSFS, OP_CCV) aimed at enabling more expressive scripts for native vaults and complex contracts. 3. **Mining Decentralization:** Progress on Stratum v2 and new protocols like MEVpool to return transaction selection power to individual miners and combat censorship. 4. **Security & Testing:** Enhanced immunity through rigorous vulnerability disclosures and differential fuzzing, which identified over 35 critical bugs. 5. **Lightning Network Splicing:** Experimental feature allowing dynamic channel balance adjustments without closures, significantly improving usability. 6. **Validation Efficiency:** Advancements in SwiftSync and Utreexo to dramatically reduce the resource requirements for running a full node. 7. **Cluster Mempool:** A near-complete overhaul of Bitcoin Core's transaction sorting algorithm for more predictable fee estimation and block building. 8. **P2P Network Optimizations:** Policy updates, like a lower default relay fee, and continued work on Erlay to improve transaction propagation and reduce bandwidth. 9. **OP_RETURN Debate:** A philosophical debate on block space usage sparked by a policy change that relaxed data carrier limits. 10. **Bitcoin Kernel:** A major architectural shift to decouple consensus code into a reusable component, improving security for the entire ecosystem. This report underscores Bitcoin's maturation, focusing on long-term security, scalability, and maintaining its core decentralized principles through foundational upgrades.

marsbit12/23 11:06

2025 Bitcoin Protocol Layer Comprehensive Review

marsbit12/23 11:06

Waiting for the Bitcoin Santa Rally This Christmas? Analysts Sound Alarm on Incoming Bears

Analysts warn that the widely anticipated Bitcoin "Santa rally" may be delayed until after the New Year, with increased volatility expected due to thin holiday liquidity and a major options expiry. Approximately $23.7 billion in Bitcoin options are set to expire on December 26, potentially amplifying price swings. Trading firm QCP Capital highlights weakening liquidity and ongoing deleveraging as factors suppressing a sustained rally. While some optimism remains—evidenced by elevated open interest in $100,000 call options—the market remains fragile. The "max pain" price for the expiry is near $95,000, which could influence spot prices. Historically, Bitcoin has experienced 5–7% swings during Christmas due to low liquidity and derivatives activity.

ccn.com12/23 10:03

Waiting for the Bitcoin Santa Rally This Christmas? Analysts Sound Alarm on Incoming Bears

ccn.com12/23 10:03

Bears on the Prowl: Is Bitcoin (BTC) Under 2021-Style Bear Pressure?

The cryptocurrency market is experiencing a downturn, with Bitcoin (BTC) facing significant bearish pressure and trading in a consolidation phase. As of December 23rd, BTC's price dropped over 2.1%, falling from an opening high of $90,501 to around $87,409. Daily trading volume surged by 70.13%, reaching $45.22 billion, while $103.77 million in BTC was liquidated. Analysis suggests Bitcoin's current price action mirrors its 2021 cycle, where a peak was followed by a sharp correction. After reaching a high near $126K in 2025, BTC shows a similar pattern of fading momentum and a potential breakdown. Technical indicators point to bearish dominance. The MACD line is below its signal line, indicating active selling pressure. The Bull Bear Power reading of -1,470.76 confirms strong bearish control. The RSI at 45.31 suggests a neutral to slightly bearish sentiment, while the Chaikin Money Flow indicates only mild buying pressure. Key support is at $87.5K; a break below could trigger a death cross and deeper decline. Resistance sits at $87.7K; a break above could lead to a golden cross and a move toward $87,869 or higher. The market sentiment remains cautious as Bitcoin navigates this critical zone.

TheNewsCrypto12/23 09:53

Bears on the Prowl: Is Bitcoin (BTC) Under 2021-Style Bear Pressure?

TheNewsCrypto12/23 09:53

Year-End Liquidity Squeeze Keeps Bitcoin Capped Despite Rising Demand and Fed Cut Bets

Bitcoin (BTC) is trading within a narrow range around the high-$80,000s as thin year-end liquidity and cautious positioning offset improving demand signals. Prices are hovering near the breakeven point for many U.S. spot ETF holders, creating a key resistance zone. On-chain activity shows consolidation rather than strong buying or panic selling. While exchange outflows and whale accumulation suggest underlying demand, a clear breakout catalyst is lacking amid low holiday trading volumes. Gold’s meanwhile, has reached new all-time highs, reflecting a preference for traditional safe havens. Bitcoin may remain range-bound until liquidity improves in early 2026, despite growing expectations of Federal Reserve rate cuts.

bitcoinist12/23 08:31

Year-End Liquidity Squeeze Keeps Bitcoin Capped Despite Rising Demand and Fed Cut Bets

bitcoinist12/23 08:31

Gold hits $4,420 ATH – What it means for Bitcoin’s long-term appeal

Gold reached a new all-time high of over $4,420 per ounce on December 22, 2025, driven by inflation concerns, geopolitical risks, and central bank demand. This surge renewed discussions about Bitcoin’s potential as a safe-haven asset. Reports that Kazakhstan may sell part of its gold reserves to invest up to $300 million in Bitcoin added momentum to this narrative. A sentiment poll showed 62.4% of respondents preferred Bitcoin over gold or silver for long-term investment. However, historical analysis indicates that gold’s new highs do not consistently trigger capital rotation into Bitcoin, as their movements are often correlated rather than inversely related. While sentiment and sovereign interest are growing, sustained capital flow from gold to Bitcoin remains unproven.

ambcrypto12/23 08:07

Gold hits $4,420 ATH – What it means for Bitcoin’s long-term appeal

ambcrypto12/23 08:07

No Bitcoin Buy This Monday—Strategy Adds $748M To USD Reserve Instead

Strategy, a major Bitcoin treasury company, did not purchase any BTC this Monday. Instead, it expanded its recently established USD reserve by $748 million through sales of its MSTR stock. The reserve now totals $2.19 billion. The company's Bitcoin holdings remain unchanged at 671,268 BTC, valued at approximately $60.24 billion. This move follows a pattern where reserve expansions are preceded by social media hints from Chairman Michael Saylor about "green dots," distinct from the "orange dots" representing Bitcoin buys. Separately, Bitmine, another crypto firm, reported adding 98,852 ETH to its holdings, now totaling over 4 million ETH. Bitcoin's price is currently around $89,700.

bitcoinist12/23 08:02

No Bitcoin Buy This Monday—Strategy Adds $748M To USD Reserve Instead