Btrust Names Abubakar Nur Khalil As New CEO

Bitcoin development nonprofit Btrust has named Nigerian Bitcoin Core contributor Abubakar Nur Khalil as its new chief executive officer, the organization announced today. 

Khalil had previously served as interim CEO while sitting on the board as a non-voting member. Khalil will step down from his board position and report directly to the organization’s directors in the full-time role. 

His three-year term is renewable once.

Founded to support open-source Bitcoin development in the Global South, Btrust has expanded its footprint across Africa, Latin America, and India over the past year. The non-profit received initial funding from Jay-Z and Jack Dorsey.

During his…

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Fidelity Allows Users To Send And Receive Bitcoin

Fidelity Crypto now allows customers to withdraw Bitcoin and other crypto to external wallets, over 2 years after launching its retail platform. 

This move gives users full self‑custody control while bridging traditional brokerage services and permissionless wallets.

Fidelity also took a major step toward mainstream crypto adoption by making its Physical Bitcoin ETP — launched in February 2022 and now listed on multiple European exchanges—available to UK retail clients for the first time after the FCA lifted the ban on retail crypto ETPs.

The firm’s Fidelity Physical Bitcoin ETP becomes the first crypto asset available to Fidelity’s advised platform clients from…

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Bitcoin Support Under Attack As Bears Look To Push Price Below $100,000

It was a very disappointing week for bitcoin price action last week. Monday saw a nice move up into resistance, but that momentum quickly faded as bitcoin retraced the bullish move to end up right back down at the lows by Thursday. The market was a mixed bag as the Federal Reserve’s 25 basis point cut was expected, but Chairman Powell put a damper on expectations going forward, stating that there were no plans to continue with another interest rate cut in December’s FOMC meeting, which the market had been expecting. Bitcoin closed the week out at $110,591, which wasn’t entirely bearish, but was not confidence-inspiring for the bulls either.

Key Support and Resistance…

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IREN, Cipher Mining (CIFR) Stocks Soar On AI Deal News

IREN Limited (NASDAQ: IREN) and Cipher Mining Inc. (NASDAQ:CIFR), Bitcoin miners pivoting to AI infrastructure providers, are making some hefty business moves today, and their stocks have been reflecting it.

IREN signed a five-year, $9.7 billion agreement with Microsoft for GPU cloud computing services. The deal gives Microsoft access to NVIDIA GB300 GPUs managed by IREN at its Childress, Texas campus, with a phased deployment of GPU capacity throughout 2026. 

The contract includes a 20% prepayment and positions IREN as a key hyperscaler partner for the first time. 

Four new liquid-cooled data centers, Horizon 1 through Horizon 4, will support 200 megawatts of critical IT…

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Trump Wants To Lead The World In Crypto, Defends CZ Pardon

President Donald Trump made headlines Sunday in a wide-ranging interview on 60 Minutes, emphasizing that maintaining U.S. dominance in the crypto space is a top priority for him. 

“I only care about one thing: will we be number one in crypto,” Trump told Norah O’Donnell, highlighting what he described as the importance of the sector due to global competition.

President Trump framed crypto as a high-stakes, winner-takes-all industry, likening it to artificial intelligence in terms of national importance. 

“In crypto, it’s a kind of industry where basically you’re going to have number one and you’re not going to have a number two. And right now we’re number…

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Gold declined but still outperformed BTC last week

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

Gold continued to fall but still outperformed BTC last week. Macro conditions softened following the Fed’s less dovish-than-expected tone, which saw most crypto segments fall (with AI the notable exception). Today we dive into recent ETF flow divergences, with SOL positive while BTC and ETH are seeing outflows, and the Solana DEX aggregator landscape shift as Titan and DFlow take share from Jupiter.

Indices

Over the past week, Gold extended its decline (-2.6%) to just above $4,000/oz but still outperformed BTC (-4.2%). Equities remained more resilient to macro weakness, with the S&P 500 up…

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LATEST: Michael Saylor’s Strategy Buys 397 More Bitcoin Worth $45.6 Million

Saylor’s Strategy has once again strengthened its position as the world’s largest corporate holder of bitcoin (BTC). The company announced on X that it has added 397 BTC to its reserves, spending approximately $45.6 million at an average price of $114,771 per bitcoin. The firm also reported a 26.1% year-to-date BTC yield for 2025, showcasing strong returns amid rising market optimism.

As of November 2, 2025, Strategy now holds an impressive 641,205 BTC, acquired for about $47.49 billion at an average cost of $74,057 per coin. This massive accumulation reaffirms the company’s long-term commitment to Bitcoin as a key treasury asset.

Led by CEO Michael Saylor, Strategy continues to lead the corporate crypto charge. The latest purchase highlights growing institutional confidence in digital assets as a store of value. Strategy’s bold accumulation strategy signals that its faith in Bitcoin’s future remains as strong as ever.

This Analyst Says Bitcoin Can Reach $200,000 By Year’s End

Fundstrat’s Tom Lee remains confident that Bitcoin could still finish 2025 with a massive rally — despite the turbulence that has rocked crypto markets since mid-October.

Speaking on CNBC, the Fundstrat Global Advisors head of research said he believes Bitcoin can reach between $150,000 and $200,000 by the end of the year, even after what he described as one of the largest liquidation events in crypto history.

“If I look at everything since October 10th — because that was the biggest liquidation in the history of crypto, bigger than FTX, a margin call tsunami — we’re only a couple weeks from that,” Lee said.

For context, on October 10, President Trump announced…

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This Bitcoin Price Cycle Data Reveals Next Major Bull Run

The bitcoin price is at a very interesting point in its current market cycle. With lots of different opinions and not much movement in price, it’s hard to know what’s coming next. But when we look at the important data, things get a lot clearer. These signals don’t just tell us what might happen in the immediate future, but can clarify what the coming weeks and months could bring.

The Short-Term Holder Realized Price and Bitcoin Price Support

We begin with the Short-Term Holder Realized Price, effectively the average cost basis for new market participants. This level has historically acted as a dynamic zone of support and resistance throughout each cycle. At present,…

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