Bitcoin News in Nigeria

The post What Lies Ahead for Bitcoin’s Future Price? Renowned Economist Explains appeared on BitcoinEthereumNews.com. Following the sharp pullback in the Bitcoin (BTC) price, economist James E. Thorne has offered a comprehensive assessment of the macroeconomic dynamics driving the markets. Thorne stated that the reopening of the US government, coupled with the Treasury’s management of the Treasury General Account (TGA), represents a “near-term liquidity injection” into the financial system. He said this process marks the official end of monetary tightening (QT), which was currently slowing. According to Thorne, the Fed’s interest rate cuts will continue. The economist, who expects the federal funds rate to be lowered to around 2.75%, stated that the FOMC composition will change in 2026, and that Chairman Jerome Powell will leave office, marking “the end of the era of progressive left-wing Keynesian control.” Thorne emphasized that current monetary policies have produced a clear stagnation in the housing market, saying that excessively tight financial conditions, delayed policy responses, and reliance on backward-looking indicators have disrupted credit channels, weakening the housing market, one of the key sectors of the economy. Despite this outlook, Thorne noted that Bitcoin adoption is rapidly increasing, and that new legislation providing regulatory clarity will further strengthen institutional adoption. Recalling that the global fiat money supply continues to expand, the economist said, “Nothing has changed; Bitcoin’s digital rarity remains unparalleled.” Thorne described the selling trend of some investors as Bitcoin’s long-term fundamentals strengthen as a typical example of “irrationality in the markets,” noting that liquidity shifts during periods of high volatility create opportunities that are only recognized later. Thorne concluded his assessment by saying, “A bull run ends when liquidity runs out, not when it begins. This has always been the case.” *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/what-lies-ahead-for-bitcoins-future-price-renowned-economist-explains/

The post Will Bitcoin Fall Below $90K, and How Low Could BTC Go? appeared on BitcoinEthereumNews.com. Bitcoin fell to $94,000 on Friday, driving concerns of further liquidation and heading towards a yearly low of $76,000. BTC faces growing downside pressure after dropping under its 365-day moving average, a level that has defined the current bull cycle’s support.  The breakdown has revived concerns of a larger correction, especially as key on-chain cost-basis levels show early signs of stress. Sponsored Sponsored Will Bitcoin Price Drop Below $90,000? The 365-day moving average, now near $102,000, has acted as Bitcoin’s primary structural floor since late 2023.  Bitcoin’s failure to reclaim it this week echoes the pattern seen in December 2021, when repeated rejections at this level marked the beginning of the 2022 bear market. However, the broader market context suggests a mid-cycle reset rather than a full macro top. Liquidity conditions remain unstable, ETF flows turned negative, and long-term holders have been distributing at the fastest pace since early 2024. Even so, the loss of the 365-day average remains significant.  Good day to remember this. Once Bitcoin breaks below the 365-day MA, its pretty difficult to recover. Judging by the data of how previous bear markets started, I would say we are in one. It would take a complete turnaround of demand, sentiment, capital flows to revert the… https://t.co/IsUlwqAbq0 — Julio Moreno (@jjcmoreno) November 14, 2025 Historically, remaining below this line for several weekly closes triggers deeper retracements. A sustained breakdown increases the probability of a move toward sub-$90,000. On-chain data reinforces this risk. The realized price for Bitcoin holders who entered between 6 and 12 months ago is near $94,600.  Sponsored Sponsored This group accumulated heavily during the ETF-driven rally, and their cost basis often acts as a first capitulation zone in bull markets.  On Friday, Bitcoin briefly traded below this threshold, pushing many of these holders into unrealized…

The post Michael Saylor Confirms Strategy’s Continued Bitcoin Holdings appeared on BitcoinEthereumNews.com. Key Points: Strategy moves 58,915 BTC to new wallet, fueling speculation. No Bitcoin sales, reaffirms holding strategy. Saylor: “No truth to rumors,” emphasizing asset commitment. Michael Saylor, Executive Chairman of Strategy, confirmed on social media that no Bitcoin sales occurred after transferring 58,915 BTC worth approximately $5.77 billion to a new wallet. The transfer, part of a custodial rotation, underscores Strategy’s ongoing Bitcoin commitment amid market speculation and does not indicate any asset liquidation or change in holdings. 58,915 BTC Transfer Refutes Bitcoin Sales Rumors Immediate implications center on market perceptions of Bitcoin strategies among major holders. While the wallet change has not altered their asset strategy, it underscores the sensitivity of Bitcoin transactions to market sentiment. The move affects only Bitcoin, with no wider cryptocurrency impact evident in altcoin markets. Market reactions varied, with community speculation prompting questions about Strategy’s intentions. Michael Saylor firmly responded, stating, “No truth” to the speculation. Community engagement saw over 199,000 interactions, driven primarily by speculation rather than direct selling evidence. Bitcoin Market Steady as Strategy Upholds Holding Commitment Did you know? Strategy’s approach to consistently buy and hold Bitcoin positions it as a major institutional player. Saylor solidified their position by acquiring significant amounts daily, even during market dips. Bitcoin (BTC) is currently priced at $96,000.96, with its market cap reaching approximately 1.92 trillion according to CoinMarketCap. The cryptocurrency sees a 24-hour trading volume decline of 8.37%, summing to nearly $101.87 billion. BTC experienced a 1.02% drop over 24 hours and continues to display declining trends over 90 days. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 07:07 UTC on November 15, 2025. Source: CoinMarketCap The Coincu research team highlights that Strategy’s operational reshuffle aligns with security protocols rather than market-exit signals. Historically, such transfers demonstrate commitment to Bitcoin as a treasury asset, emphasizing…

The post NFT sales drop 5.4% to $79m, Pudgy Penguins plunge 36% appeared on BitcoinEthereumNews.com. NFT sales volume has fallen by 5.41% to $79.31 million, down from last week’s $84.44 million. Summary NFT sales dropped 5.41% to $79.31M even as buyers jumped nearly 1,000% this week. Algebra Positions NFT-V2 surged to $7.81M in sales while Pudgy Penguins plunged 37%. Ethereum and BNB Chain led NFT blockchains as Bitcoin and Polygon volume declined. According to CryptoSlam data, NFT buyers have surged by 989.62% to 222,294 and sellers have surged by 714.77% to 189,963. NFT transactions dropped by 20.92% to 1,097,565. This NFT sales drop happened as the Bitcoin (BTC) price has tumbled to the $96,000 level as selling pressure continues to mount. Ethereum (ETH) has lost the $3,200 level, extending its recent decline. The global crypto market cap has contracted to $3.26 trillion, down from last week’s $3.48 trillion. Algebra Positions NFT-V2 surges as Pudgy Penguins tumble Algebra Positions NFT-V2 on Ethereum has spiked into first place with $7.81 million in sales, posting a 807,352.81% surge. The collection processed 742 transactions with 199 buyers and 90 sellers. DMarket on the Mythos blockchain slipped to second with $6.67 million, down 3.77% from last week’s $6.88 million. The collection recorded 241,552 transactions with 16,047 buyers and 13,590 sellers. Pudgy Penguins dropped to third place with $2.79 million, plunging 36.87% from last week’s $4.38 million. The Ethereum collection saw 144 transactions with 96 buyers and 93 sellers. Source: Top collections by NFT Sales Volume (CryptoSlam) Guild of Guardians Heroes on Immutable-Zk held fourth position at $2.37 million, down 6.19% from last week’s $2.48 million. The collection had 2,186 transactions. Courtyard on Polygon (POL) secured fifth place with $2.24 million, down 23.20% from last week’s $2.91 million. The collection processed 31,205 transactions. Panini America on the Panini blockchain surged into sixth with $2.23 million, up 393.51%. The collection recorded 27,115…

The post BTC Faces $233M Liquidation Threat, Shorts Dominate appeared on BitcoinEthereumNews.com. Key Insights: $233M in liquidable positions threaten Bitcoin’s stability as short traders crowd upper price levels. A $94K buy wall stands as the last strong support before deeper downside opens below. Bitcoin now trails Treasuries, signaling a market shift toward safer assets over crypto volatility. BTC Faces $233M Liquidation Threat, Shorts Dominate Bitcoin was trading near $96,367 after a week of continued downside pressure. The market is showing growing caution as liquidation risks rise, with traders positioning for potential volatility. According to updated data, $233 million in BTC positions are at risk of liquidation. This figure points to a buildup in leverage, especially on the short side, which may lead to sharp price moves if market direction shifts. Heatmap Signals Short-Heavy Market A liquidation heatmap shows clusters of short positions stacked between $102,000 and $108,000. These are high-risk zones where short sellers could be forced to close if price begins moving upward. “Most high leverage positions are short positions,” one observer noted. The concentration above current levels increases the chance of a short squeeze if buyers step in. On the other hand, lower liquidation density below the current price shows that most long positions have already been cleared, leaving the downside less crowded. Source:CW/X $94K Buy Wall Remains in Focus On the lower timeframes, Bitcoin approached a strong demand zone at $94,000. “$BTC almost touched the 94k buy wall,” one analyst posted. This area is marked by prior volume spikes and buying interest, acting as the nearest major support. If this level holds, it may trigger a short-term rebound. Still, resistance remains strong between $104K and $112K, where short liquidations may start to kick in. This range could limit any upward recovery unless momentum shifts firmly in favor of buyers. BTC Trails U.S. Treasuries Over 12 Months New performance charts…

The post Bitcoin Lags Behind Gold And Traditional Assets In 2025: BTC YTD Gains Fade to 5.5% appeared on BitcoinEthereumNews.com. Bitcoin Lags Behind Gold And Traditional Assets In 2025: BTC YTD Gains Fade to 5.5% | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Sebastian’s journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian’s contributions quickly gained recognition, and he became a trusted voice in the online crypto community. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian’s passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of…

The post How Square’s Bitcoin Move Could Reshape Online Transactions appeared on BitcoinEthereumNews.com. Key takeaways Square is enabling 4 million merchants to accept fast, low-fee Bitcoin payments through the Lightning Network. The rollout turns Bitcoin into a practical checkout option with instant settlement and no processing fees until 2027. Bitcoin payments can expand customer choice, cut costs and streamline cross-border transactions for online sellers. Merchants must still consider volatility, compliance, irreversible payments and customer adoption before integrating Bitcoin. Block, a payments infrastructure company led by Jack Dorsey, has introduced a Bitcoin payments platform through Square. The rollout gives Square’s US merchant network, which includes roughly 4 million businesses, the ability to accept Bitcoin (BTC), with availability expanding in phases. This development is significant because it helps shift Bitcoin from a specialized asset mainly used for long-term holding to a practical option for everyday transactions. In online commerce, offering additional payment methods is essential for staying competitive. This article explains how the feature works and what it means for online and omnichannel merchants. It also explores how it could affect the broader payments industry and the factors merchants should consider. Bitcoin payments for businesses via the Lightning Network Block presents this service as a simple and integrated Bitcoin payments and wallet solution for businesses, allowing sellers to receive payments in Bitcoin. The process is straightforward. A Lightning invoice quick-response (QR) code is generated at checkout, the customer pays using a compatible wallet, and the funds settle promptly. This gives merchants an efficient, low-friction alternative payment method. Key elements include: Merchants can accept Bitcoin at checkout using Square’s point-of-sale system. Transactions occur via the Lightning Network, ensuring nearly instantaneous settlement. No processing fees apply to Bitcoin transactions until at least 2027. Merchants may choose to convert a portion of their daily card sales into Bitcoin, treating it as a form of savings or investment. Settlement…

The post Michael Saylor Says Strategy Made Daily Bitcoin Purchases appeared first on Coinpedia Fintech News Michael Saylor confirmed that MicroStrategy bought Bitcoin every day this week as part of its ongoing strategy. Even though Bitcoin’s price dropped below $95,000, the company kept adding to its holdings, now over 640,000 BTC. The purchases were funded through stock sales, showing MicroStrategy’s strong belief that Bitcoin is a good long-term investment and a …

The post VanEck Research Chief Questions Its Utility appeared on BitcoinEthereumNews.com. XRP Under Fire: VanEck Research Chief Questions Its Utility Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin’s financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/xrp-vaneck-research-chief-questions-utility/