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Tag: Bitcoin

The JP Morgan-MicroStrategy Saga

The JP Morgan-MicroStrategy Saga: A Clash Over Bitcoin’s Future

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When Titans Collide in the Crypto Arena Two financial powerhouses are staring each other down across a digital battlefield, with Bitcoin as the explosive centerpiece. On one side, Jamie Dimon, the outspoken CEO of JP Morgan—the world’s largest bank by market cap—has long dismissed Bitcoin as a tool for “criminals, drug lords, and terrorists.” On the other, Michael Saylor, the visionary founder of MicroStrategy (now...

Bitcoin, Main

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Texas Initiates Strategic Bitcoin Reserve with M BlackRock ETF Purchase

Texas Initiates Strategic Bitcoin Reserve with $5M BlackRock ETF Purchase

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Texas Comptroller’s office acquired $5 million in BlackRock’s iShares Bitcoin Trust (IBIT) on November 20. The purchase serves as an initial allocation for the Texas Strategic Bitcoin Reserve while custody arrangements are finalized. State officials plan to transition to self-custodied Bitcoin holdings once a suitable custodian is selected. This move positions Texas as the first U.S. state to actively build a...

Bitcoin, Cryptocurrencies, ETF, Front page, News

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Crypto Weekly Snapshot – November Nightmare: $1T Wipeout and ETF Exodus

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The Great Crypto Unwind: Bitcoin’s 21% November Plunge Signals Deeper Market Tremors The cryptocurrency market has shed over $1 trillion in value since early November, with Bitcoin leading the charge downward in its sharpest monthly decline since the 2022 bear market. Trading near $88,000 as of November 25, Bitcoin has cratered 21% this month alone, rebounding modestly from a seven-month low of $80,554 last Friday. This rout mirrors...

Bitcoin, Crypto market, ETF

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Shiny Coins #1 – Bloodbath Bottom or Just Getting Started? Extreme Fear Grips Crypto

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If you thought the post-ATH correction was bad, welcome to November 2025’s brutal reality check. As of November 22, 2025, Bitcoin is clinging to the $84,000 level after shedding over 33% from its mid-October all-time high above $126,000. Ethereum is down to $2,740, Solana is licking wounds around $142, and the total crypto market cap sits at roughly $2.9 trillion — still a monster number, but a painful ~30% haircut in just weeks. The...

Bitcoin, Solana

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Bitcoin Rebounds from Extreme Oversold Levels as Liquidations Ease and Buyers Return

Bitcoin Rebounds from Extreme Oversold Levels as Liquidations Ease and Buyers Return

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Bitcoin rebounded 2.7% to around $86,500 after RSI flashed extreme oversold signal. $206 million in weekend liquidations point to seller exhaustion amid thin liquidity. Altcoins like XRP and ZEC led gains, surging 7% and 14% respectively. Bitcoin staged a modest recovery on Sunday, climbing from intraday lows after technical indicators suggested the recent sell-off may have overextended. The leading cryptocurrency traded...

Bitcoin, Cryptocurrencies, Front page, News

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