Trading

Bitcoin dropped to the $92,500 range after breaking below the $93,000 support level that had held for several months. Technical indicators including the weekly SuperTrend, RSI, and MACD have all turned bearish, signaling potential further downside. Institutional selling has intensified, with BlackRock reportedly offloading BTC through its ETF, adding to downward pressure on the market.

CBOE Global Markets will introduce Bitcoin Continuous Futures (PBT) and Ether Continuous Futures (PET) on December 15, pending regulatory review. The CFTC-regulated contracts feature a 10-year expiration with daily cash adjustments. Trading will operate 23 hours per day, five days per week, offering U.S. traders perpetual-style exposure within a regulated framework.

Bitcoin dropped below $100,000 as exchange volumes fell to approximately $430 million from $1.3 billion on October 11, according to blockchain data. Market participants have observed persistent selling pressure without public disclosure, fueling speculation that a major holder may be reducing positions. CryptoQuant CEO Ki Young Ju suggests long-term holders are rotating assets to institutional investors rather than exiting entirely.

Cboe Global Markets will launch bitcoin and ether continuous futures contracts on December 15, pending regulatory approval. The products will offer perpetual-style exposure on a U.S.-regulated platform with 10-year expiries and daily cash adjustments to maintain alignment with underlying asset prices.

BitMEX co-founder Arthur Hayes attributes Bitcoin's 25% decline from its all-time high to contracting U.S. dollar liquidity rather than political factors. Hayes notes his proprietary USD Liquidity Index has fallen 10% since April, even as Bitcoin initially rallied 12% during the same period. He identifies spot Bitcoin ETF flows and basis trades as temporary factors that masked underlying macroeconomic weakness.

Bitcoin dropped approximately 13% over the past week as rate-cut expectations shifted and exchange-traded fund outflows accelerated. Only four tokens among the top 50 by market capitalization posted gains during this period. Zcash, Monero, Uniswap, and ASTER outperformed through asset-specific catalysts that offset broader macroeconomic pressure.

Strategy purchased 8,178 BTC for approximately $835.6 million at an average price of $102,171 per coin, according to executive chairman Michael Saylor. The acquisition brings the firm's total holdings to 649,870 BTC with an average cost basis of $74,433 per bitcoin. Bitcoin was trading near $93,910 at the time of the announcement.

Strategy, formerly MicroStrategy, purchased 8,178 Bitcoin for $835.6 million at an average price of $102,171 per coin. The Virginia-based firm now holds 649,870 BTC with a total acquisition cost of $48.37 billion, averaging $74,433 per Bitcoin.

Strategy purchased 8,178 BTC for approximately $835.6 million at an average price of $102,171 per coin on November 16, 2025, according to Michael Saylor. The acquisition brings the company's total holdings to 649,870 BTC, accumulated for roughly $48.37 billion at an average cost of $74,433 per bitcoin. The purchase occurred during a period when Bitcoin traded near $94,000, marking one of the asset's sharpest weekly declines of the year.

A two-year investigation by the New York Times and the International Consortium of Investigative Journalists traced approximately $28 billion in funds linked to criminal activity through major cryptocurrency exchanges. Binance, OKX, and Bybit served as primary channels for proceeds allegedly generated through cyberattacks, social-engineering schemes, and large-scale fraud operations. The platforms reportedly enabled rapid conversion of illicit funds into widely traded digital assets and stablecoins, with flows continuing even after Binance paid a $4.3 billion U.S. settlement for anti-money laundering violations.