Tag: bitcoin

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Bitcoin Depot Expands to Hong Kong in First Asian Market Entry

The post Bitcocom. Bitcoin Depot, North America’s leading Bitcoin ATM operator, announced its entry into Hong Kong this week. The Nasdaq-listed company (BTM) revealed plans to establish operations in the city, marking its debut in the Asian market. The expansion represents a calculated move into a jurisdiction with growing cryptocurrency adoption. Bitcoin Depot aims to secure a position among Hong Kong’s top five Bitcoin ATM operators. The company identified the region’s demand for accessible cash-to-crypto services as a primary driver for the expansion. Scott Buchana, President and Chief Operating Officer of Bitcoin Depot, emphasized Hong Kong’s emerging status in the digital asset sector. He cited the city’s regulatory environment, market demand, and overall momentum as key factors in the decision. Regulatory Environment and Market Position Hong Kong requires Bitcoin ATM operators to secure a Money Service Operator license from the Customs and Excise Department. This licensing ensures legal compliance for cash-to-crypto transaction services. Current data from Coin ATM Radar indicates 223 Bitcoin ATMs operate within the city. The city has positioned itself as a digital asset hub distinct from mainland China’s restrictive stance. Hong Kong’s regulatory framework provides clearer guidelines for cryptocurrency businesses. This approach has attracted international firms seeking a regulated Asian market entry point. Franklin Templeton’s recent launch of a tokenized US dollar money market fund demonstrates Hong Kong’s innovation trajectory. The November debut marked the territory’s first fully onchain fund integrating issuance, distribution, and servicing for professional investors. Global Bitcoin ATM Landscape Bitcoin ATMs allow users to buy or sell Bitcoin using cash or debit cards at physical kiosks. The global network has expanded significantly since January 2021. Total installations have grown 177% to reach 39, 469 machines worldwide. The United States dominates the market with 30, 869 Bitcoin kiosks. Canada holds the second position. Australia has experienced remarkable growth, jumping from.

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Bitcoin ETF Outflows Ease as BTC Holds $100K, Analysts Eye Price Reaction

TLDR: Bitcoin holds steady above $100K despite $2. 7B ETF outflows this month. ETF outflows account for just 1. 5% of total Bitcoin ETF assets. Analysts note price resilience may signal short-term accumulation. Traders eye possible $150K target if bullish structure continues. Bitcoin has maintained its position above the $100, 000 mark despite ongoing ETF outflows. At press [.] The post Bitcoin ETF Outflows Ease as BTC Holds $100K, Analysts Eye Price Reaction appeared first on Blockonomi.

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McDonald’s McRib Sparks Bitcoin Market Movement Once More

TLDR McDonald’s McRib return has coincided with a rise in Bitcoin’s price once again. McDonald’s Senior Marketing Director Guillaume Huin acknowledged the McRib-crypto market link. Bitcoin’s price surged by 6% following the return of the McRib this year. The McRib has historically been linked to strong performances in Bitcoin and stock markets. Past returns of [.] The post McDonald’s McRib Sparks Bitcoin Market Movement Once More appeared first on CoinCentral.

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Bitcoin Consolidates Near $102K in Wedge Pattern, Eyeing Potential $115K Breakout

The post Bitcoin Consolidates Near $102K in Wedge Pattern, Eyeing Potential $115K Breakout appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Bitcoin is consolidating near $102, 000 in a descending broadening wedge pattern on the two-hour chart, indicating potential for an upside breakout to $115, 000 if key support at $98,340 holds. This setup suggests accumulation amid stable volumes. Bitcoin’s descending broadening wedge signals a possible bullish breakout. Key support at $98,340 is essential to preserve the short-term bullish structure. Analysts forecast a move toward $115, 000, supported by consistent trading volumes and pattern resilience. Discover Bitcoin’s latest price action in the descending broadening wedge, with potential breakout to $115K ahead. Stay informed on BTC support levels and market outlook for informed trading decisions. What is Bitcoin’s Descending Broadening Wedge Pattern? Bitcoin’s descending broadening wedge is a technical pattern on the two-hour timeframe characterized by converging trendlines with lower highs and higher lows, often signaling a reversal or continuation of an uptrend. Currently, BTC trades near $102, 024 after rebounding from $97,000 lows, showing resilience within this formation. Analysts, including Captain Faibik, note that if the structure holds, an upside breakout could drive prices toward $115, 000 in the coming week. COINOTAG recommends • Professional.

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Aave Token May Face Further 15% Drop Amid Bearish Indicators Post-Buyback

The post Aave Token May Face Further 15% Drop Amid Bearish Indicators Post-Buyback appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Aave (AAVE) prices are poised for a potential 15% decline, trading around the $200 psychological level amid bearish market pressures. The recent $50 million buyback program has provided some support, but increased seller dominance and range breakdowns indicate further downside to $170. Aave’s buyback initiative repurchased over 94 million tokens worth $22 million since May, aiming to reduce supply and boost confidence. The token rallied to $385 in August due to DeFi strength but has since faced prolonged weakness tied to Bitcoin’s slump. Current taker sell volume exceeds buys by a ratio of 0. 918, supporting a bearish outlook with next supports at $170 and $141. Discover how Aave’s token buyback program impacts price amid market volatility. AAVE faces bearish pressures despite deflationary efforts-stay informed on DeFi trends and predictions. What is the impact of Aave’s $50 million token buyback program? Aave’s $50 million token buyback program represents a strategic move to enhance token value through supply reduction, with weekly repurchases up to $1. 75 million based on protocol revenues. Launched as a pilot in May, it has already acquired 94.

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Asia Morning Briefing: Bitcoin Stabilizes as Altcoins Flash Early Strength

The post Asia Morning Briefing: Bitcocom. The post Asia Morning Briefing: Bitco report confirms robust asset security across major cryptocurrencies. USDC leads with a 133. 79% ratio, followed by BNB at 112. 95%, and FDUSD at 111. 72%. Bitcoin’s reserve ratio stands solid at 102. 11%, and Ethereum and Solana are fully backed at 100%. The data highlights Binance’s continued transparency and overcollateralization, ensuring user funds are backed and in most cases, oversecured across multiple assets. November 7, 2025 06: 54: 24 UTC Pi Network Set to Launch Mainnet V23, Marking Major Step Toward Decentralization The Pi Network community is buzzing with anticipation as the project prepares to roll out its latest interface update, signaling a major breakthrough in its development. Far from a routine bug fix, this update is seen as a strong indicator of the network’s imminent Mainnet V23 launch. The upgrade promises a more stable, seamless, and decentralized ecosystem a key milestone that could finally bring Pi Network closer to realizing its long-awaited vision of mainstream blockchain adoption. November 7, 2025 06: 53: 31 UTC Stablecoin Chaos: Two Major Tokens Lose Peg as Panic Spreads to Ethena’s USDe Within just three days, two stablecoins each worth over $500 million lost their peg, trapping traders who tried to buy the dip. The panic quickly spread to Ethena’s synthetic stablecoin USDe, whose market cap plunged from $14. 8 billion to $8. 7 billion and continues to fall. Notably, CoinMarketCap has removed the K-line data showing the depegging, though CoinGecko still displays the dramatic collapse, capturing one of the most volatile moments in stablecoin history. November 7, 2025 06: 06: 50 UTC Google to Add Kalshi.

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Dogecoin’s Death Cross Looms as Bitcoin Faces Correction and Ethereum Eyes Stabilization

The post Dogecoin’s Death Cross Looms as Bitcocom. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → The crypto market is experiencing a downturn, with Dogecoin confirming a death cross signaling prolonged bearish momentum, Bitcoin facing a $500 million sell wall and breaking below key moving averages, and Ethereum stabilizing around $3,000 after a sharp correction. This indicates ongoing pressure on major assets amid low netflows and fading bullish sentiment. Dogecoin’s death cross confirms bearish structure, with price at $0. 165 and potential drop to $0. 14-$0. 15. Bitcoin struggles against a massive sell wall, breaking below the 200-day moving average for the first time since early 2024. Ethereum finds support at $3,000, showing oversold conditions with RSI at 30. 6, hinting at possible short-term recovery if the level holds, per technical analysis from TradingView data. Crypto market correction intensifies as Dogecoin hits death cross, Bitcoin battles sell pressure, and Ethereum stabilizes. Discover key levels and implications for investors in this 2025 update. Stay informed-read on for expert insights. What is driving the current crypto market correction? Crypto market correction is fueled by declining netflows and bearish technical signals across major assets, confirming a negative outlook. Larger coins like Bitcoin.

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