Bitcoin has broken character for two consecutive months and now faces two possible paths: a resurgence in demand or a deeper accumulation phase. Bitcoin is poised to buck its usual strong November performance, but Bitfinex analysts suggest demand could return very soon. November has historically been Bitcoin’s (BTC) strongest month, posting an average return of 40.82%, according to CoinGlass. However, October closed down 3.69% — despite typically delivering average gains of around 19.92% — leading some to question whether seasonal trends are still worth considering. “We are also on track to close November in the red,” Bitfinex analysts said in a Tuesday report, as the asset’s price traded 20.60% below its price at the beginning of the month.Read more Bitcoin has broken character for two consecutive months and now faces two possible paths: a resurgence in demand or a deeper accumulation phase. Bitcoin is poised to buck its usual strong November performance, but Bitfinex analysts suggest demand could return very soon. November has historically been Bitcoin’s (BTC) strongest month, posting an average return of 40.82%, according to CoinGlass. However, October closed down 3.69% — despite typically delivering average gains of around 19.92% — leading some to question whether seasonal trends are still worth considering. “We are also on track to close November in the red,” Bitfinex analysts said in a Tuesday report, as the asset’s price traded 20.60% below its price at the beginning of the month.Read more

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more