1. Bloomberg: Long-term holders sold over $45 billion worth of BTC in the past month, severely impacting the market. 2. World Economic Forum Chairman warns: AI, cryptocurrencies, and debt could become three major bubbles. 3. Analysis: Bitcoin is ne

2025-11-06

1. Bloomberg: Long-term holders sold over $45 billion worth of BTC in the past month, severely impacting the market. 2. World Economic Forum Chairman warns: AI, cryptocurrencies, and debt could become three major bubbles. 3. Analysis: Bitcoin is nearing oversold territory; signs of stabilization remain to be seen. 4. The US government shutdown may delay legislation on crypto market structure until 2026. 5. Following the US GENIUS Act, Canada plans to legislate to regulate fiat-backed stablecoins. 6. The Bank of England pledges to keep pace with the US in stablecoin regulation. 7. Japan becomes the 11th country to use official resources to support Bitcoin mining. 8. Coinbase launches Intuition (TRUST), now open for trading and deposits. 9. Citibank: Cryptocurrency weakness stems from slowing ETF inflows and weakening risk appetite. 10. Galaxy's research head lowers its year-end Bitcoin price target to $120,000. 11. The Central Bank of Kazakhstan is considering using its gold and foreign exchange reserves to purchase cryptocurrencies. 12. CryptoQuant: Holding above $101,000 for BTC would be considered a buying opportunity; a break below this level on the daily chart could damage the bullish structure. 13. MetaPlanet borrowed $100 million using Bitcoin as collateral for additional cryptocurrency purchases and business expansion. 14. Franklin Templeton launched its first tokenized money market fund in Hong Kong.