Bitcoin’s recent decline is being driven by mid-cycle holders, not long-term whales, according to new on-chain research from VanEck analysts.

The firm noted in a recent report that long-term holders continue to accumulate while short-term futures markets show deeply oversold conditions following tariff-driven liquidations.

Despite widespread speculation that early Bitcoin whales triggered the selloff, on-chain data shows that coins held for five years or more continue to rise. 

These older cohorts increased their holdings by roughly 278,000 BTC over the past two years, signaling limited turnover among wallets with the longest histories.

In contrast, supply among wallets…

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Crypto markets are retreating more today as the Bitcoin price hovered near a seven-month low, with leading crypto stocks seeing notable declines. 

Bitcoin price is currently trading at $89,090, down 4% over the past 24 hours, with a 24-hour trading volume of $71 billion. The cryptocurrency is 4% below its seven-day high of $93,662 and roughly flat from its seven-day low of $88,800, according to Bitcoin Magazine Pro data. With a circulating supply of 19.95 million BTC out of a maximum 21 million, Bitcoin’s market capitalization stands at $1.78 trillion.

Coinbase Global dropped 4.9%, Bitfarms fell 7.5%, Strategy slipped 10.3%, Riot Platforms lost 3.7%, Hut 8 Mining fell 3.3%,…

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Brink, the Bitcoin development organization, recently funded the first ever independent security audit of Bitcoin Core conducted by a third party (the full report is available here). The audit was conducted by Quarkslab, a software security firm, with the help of the Open Source Technology Improvement Fund (OSTIF) and collaboration with Bitcoin Core developers Niklas Gögge, from Brink, and Antoine Poinsot, from Chaincode Labs. 

This security audit marks a milestone in the development history of Bitcoin Core, the most widely adopted and reference client of the Bitcoin network and protocol. 

While Bitcoin Core security policies and practices have been steadily hardened and…

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Bitcoin’s sharp pullback isn’t a reason for panic, according to Bitwise Chief Investment Officer Matt Hougan, who says the recent slide is nothing more than “short-term noise.” He emphasized that Bitcoin’s long-term value comes from the service it provides—offering a secure, non-sovereign way to store wealth—as global debt rises and demand for digital value storage grows.

Hougan compared Bitcoin to a digital service rather than a traditional asset, arguing that its worth increases as more people seek access to self-custodied value protection. Because the only way to use Bitcoin’s service is to own it, he said, demand naturally strengthens over time. This scarcity-driven model, he noted, helps explain Bitcoin’s massive growth over the past decade despite market volatility.

Market analysts remain divided on whether the current drop signals deeper trouble, but several experts say the downturn looks more like a macro correction than a new crypto winter. They point to rising institutional adoption and stronger industry infrastructure as signs the long-term outlook for Bitcoin remains solid.

Kraken, one of the longest-running crypto exchanges, has taken a major step toward going public, filing for a U.S. initial public offering (IPO) through its parent company, Payward, Inc.

The draft S-1 registration statement was submitted to the Securities and Exchange Commission (SEC), formally placing Kraken in the IPO pipeline.

The confidential filing follows an $800 million fundraising round completed on Tuesday, which valued Kraken at $20 billion. The round, raised over two months in two tranches, was led by major traditional finance investors, including Citadel, the hedge fund founded by Ken Griffin. 

Kraken had initially planned a $500 million IPO at a $15 billion…

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Anchorage Digital and Mezo have formed a strategic partnership aimed at expanding institutional access to Bitcoin-based borrowing and yield opportunities, marking one of the most significant integrations to date between a regulated digital asset custodian and a Bitcoin-native finance protocol.

Mezo — a bank-free Bitcoin finance platform built by Thesis — will now offer institutional clients low-cost borrowing through its MUSD stablecoin and new BTC yield opportunities via veBTC. 

Anchorage Digital will provide the custody and infrastructure layer, giving asset managers, digital asset treasury (DAT) firms, and publicly traded companies a secure way to participate in BitcoinFi…

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New Hampshire has become the first state in the U.S. — and the first government globally — to approve a municipal bond backed by Bitcoin, a structural breakthrough that could open the door for digital assets to enter the $140 trillion global debt market.

On Monday, the state’s Business Finance Authority (BFA) approved a $100 million Bitcoin-backed conduit bond, allowing private companies to borrow against over-collateralized Bitcoin held in custody, according to exclusive reporting from Eleanor Terrett at Crypto in America. 

The bond is not backed by the state or taxpayers; instead, the BFA acts strictly as a facilitator, approving and overseeing the deal while repayment risk…

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U.S. Senate Banking Chair Tim Scott announced plans for a committee vote on the long-awaited crypto market structure bill next month, saying he aims to bring the legislation to the Senate floor early next year. Scott emphasized that the bill would protect consumers while strengthening America’s role as a global economic leader, adding that President Trump is expected to sign it once passed.

Senate Banking and Agriculture committees must jointly approve the measure, which divides oversight between the SEC and CFTC and introduces a new category for “ancillary assets” to clarify which digital tokens are not securities. Scott accused Democrats of slowing progress but noted bipartisan talks are ongoing, especially after a leaked Democratic proposal on DeFi drew strong criticism from the crypto industry.

Industry leaders recently met separately with both parties, with some Democrats signaling they want to finalize the legislation. Supporters say the bill could position the U.S. as the world’s leading hub for digital assets, provided lawmakers bridge remaining political divides.

NEW YORK, NY — November 18, 2025 — Today marks the release of Bitcoin Is for Everyone: Why Our Financial System Is Broken and Bitcoin Is the Solution, in which award-winning journalist and educator Natalie Brunell offers clarity and hope to readers navigating rising prices, inflation, and economic uncertainty.

Brunell helps readers understand why life feels increasingly unaffordable—and how Bitcoin can empower them to regain control and confidence. As housing, education, and everyday essentials rise faster than wages, Bitcoin Is for Everyone exposes the root cause: a broken monetary system.

“It’s an invitation to think differently about the financial system we’ve…

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