Bitcoin News in Nigeria

The post Bitcoin Dominance Rises to 59% as Altcoins Lag appeared on BitcoinEthereumNews.com. Bitcoin dominance nears 59% as altcoins lag behind amid rising volatility. Whale unrealized losses point to a potential market inflection zone. Nearly 95% of BTC holders in profit heightens the risk of profit-taking. Bitcoin’s market dominance rose to about 59% today, October 14 2025, while the broader market showed strain and altcoins failed to regain momentum.  BTC eased close to 3% in 24 hours to trade near $112,000, yet Bitcoin’s share of total crypto value increased. Altcoin Season Index marked 34, which signaled altcoin underperformance versus BTC.  Highlighting the day’s market momentum, analyst Benjamin Cowen maintained that BTC dominance can only lead to rise from here. Bitcoin Dominance should start climbing again soon. — Benjamin Cowen (@intocryptoverse) October 14, 2025 Why ETF and risk-off flows favor Bitcoin Dominance tends to climb in uncertain or consolidating phases. Capital rotates from speculative altcoins to Bitcoin for depth and execution quality.  Institutional risk appetite stayed soft, which kept altcoin bids light. Cooling flows into Bitcoin ETFs since mid-year reduced the overall market bid, but BTC still drew the relative preference inside crypto as investors favored the most liquid book. Whale metrics and profit supply proves trader preference to BTC. Glassnode data showed that over 90% of Bitcoin’s circulating supply remains in profit even after the latest correction, indicating that the recent dip was not driven by widespread panic but rather by leveraged traders being flushed out. Recent on-chain data from CryptoQuant indicates that newer whale investors, those who accumulated at least 1,000 BTC in the past five months,  are now sitting on unrealized losses.  Related: Bitcoin Price Prediction: Analysts Eye $125K Rebound As Sovereign Wealth Funds Buy The Dip Historically, such periods of negative unrealized profit ratios among large holders come alongside market bottoms. These moments often precede increased volatility. As per CEO…

The post AI sets odds of Bitcoin dropping below $100,000 appeared on BitcoinEthereumNews.com. Amid ongoing cryptocurrency market volatility, OpenAI’s artificial intelligence (AI) model ChatGPT has placed nearly even odds on Bitcoin (BTC) slipping below the $100,000 mark before the end of 2025. At press time, Bitcoin was trading at $111,044, having plunged about 3.5% in the last 24 hours. On the weekly timeframe, BTC has dropped more than 10%. Bitcoin seven-day price chart. Source: Finbold According to the model’s projections, there is roughly a 50% chance that Bitcoin will briefly fall below $100,000 within the next two months.  However, the probability of the cryptocurrency remaining under that threshold for an extended period, more than two weeks, stands at around 20%. By contrast, the likelihood of Bitcoin avoiding any such decline through year-end is estimated at 30%. Odds of Bitcoin dropping below $100,000. Source: ChatGPT The model cited possible triggers for a drop below $100,000, including macroeconomic shocks, tighter monetary policy, major liquidations, and regulatory or liquidity pressures.  However, ChatGPT noted that strong exchange traded fund (ETF) inflows, particularly into BlackRock’s iShares Bitcoin Trust, declining exchange supply, and potential fiscal easing in early 2026 could help stabilize prices. Bitcoin key price levels to watch  The forecast comes as Bitcoin trades near $111,000, down sharply from highs of around $125,000 earlier in the month.  Technical assessments flagged by the AI tool suggest the market remains under pressure, with a primary support zone between $100,000 and $102,000, and further downside support near $92,000 if selling intensifies.  ChatGPT noted that resistance is expected between $122,000 and $128,000, where renewed selling pressure could emerge. Indeed, the broader market has failed to mount a sustainable recovery after the massive crash on October 10. Bitcoin, in particular, has struggled to break above the $115,000 resistance level, which remains crucial for reclaiming the $120,000 zone and setting sights on a new…

Bitcoin has outperformed gold over past decade, clear supremacy shift pointed out by Peter McCormack

The post Metaplanet’s Bitcoin Accumulation Isn’t Paying Off, Report Says appeared on BitcoinEthereumNews.com. Key Notes Metaplanet’s enterprise value dipped below Bitcoin reserves. Shares tumbled 70% since June amid waning enthusiasm for crypto-heavy firms. Experts warn of mounting risks from overexposure to volatile digital assets. Tokyo-listed Metaplanet Inc is facing mounting pressure as its ambitious Bitcoin BTC $110 692 24h volatility: 3.7% Market cap: $2.21 T Vol. 24h: $73.93 B strategy appears to have lost investor confidence. The company’s enterprise value has fallen below the worth of its Bitcoin reserves, according to a recent report by Bloomberg. The company began purchasing Bitcoin in April 2024 as a hedge against Japan’s long-standing economic challenges, like soaring public debt and a weakening yen. It drew inspiration from MicroStrategy’s high-profile playbook and turned Bitcoin into a strategic reserve asset. Initially, the move paid off. The company’s stock surged to record highs by mid-June, trading at a hefty premium to the value of its crypto holdings. However, the rally soon stopped, and shares plunged about 70% since the peak. As of Oct. 14, Metaplanet’s market cap and debt combined equaled just 99% of its Bitcoin holdings, pushing its modified net asset value (mNAV) below one. From Premium to Pressure According to data by BitcoinTreasuries.Net, Metaplanet currently holds over 30,823 Bitcoin, valued at more than $3.4 billion. This makes it the fourth-largest public holder of the top crypto after Strategy Inc., MARA Holdings, and XXI. Despite achieving its ambitious goal of accumulating 30,000 BTC by the end of 2025, the company’s share price has failed to keep pace. In September, shareholders approved a plan to issue preferred shares, raising about $1.4 billion through an international equity sale to continue expanding its Bitcoin reserves. However, analysts note that with less capital available for countercyclical purchases, the firm’s role as a key market buyer has weakened. This is compounding pressure on…

Tokyo-listed Metaplanet Inc is facing mounting pressure as its ambitious Bitcoin BTC $110 692 24h volatility: 3.7% Market cap: $2.21 T Vol. 24h: $73.93 B strategy appears to have lost investor confidence. The company’s enterprise value has fallen below the worth of its Bitcoin reserves, according to a recent report by Bloomberg. The company began purchasing Bitcoin in April 2024 as a hedge against Japan’s long-standing economic challenges, like soaring public debt and a weakening yen. It drew inspiration from MicroStrategy’s high-profile playbook and turned Bitcoin into a strategic reserve asset. Initially, the move paid off. The company’s stock surged to record highs by mid-June, trading at a hefty premium to the value of its crypto holdings. However, the rally soon stopped, and shares plunged about 70% since the peak. As of Oct. 14, Metaplanet’s market cap and debt combined equaled just 99% of its Bitcoin holdings, pushing its modified net asset value (mNAV) below one. From Premium to Pressure According to data by BitcoinTreasuries.Net, Metaplanet currently holds over 30,823 Bitcoin, valued at more than $3.4 billion. This makes it the fourth-largest public holder of the top crypto after Strategy Inc., MARA Holdings, and XXI. Despite achieving its ambitious goal of accumulating 30,000 BTC by the end of 2025, the company’s share price has failed to keep pace. In September, shareholders approved a plan to issue preferred shares, raising about $1.4 billion through an international equity sale to continue expanding its Bitcoin reserves. However, analysts note that with less capital available for countercyclical purchases, the firm’s role as a key market buyer has weakened. This is compounding pressure on its stock, 20% down in the past week. Rising Risks for DATs Many so-called digital-asset treasury firms (DATs) have seen this stock downturn recently. The companies that once traded at premiums are now slipping into discounts, as investor enthusiasm fades amid the BTC price slump. Experts warn that large Bitcoin exposures could trigger liquidity crises during downturns, describing the model as a “ticking time bomb.” Meanwhile, some long-term Bitcoin believers view Metaplanet’s discount as a potential buying opportunity. While corporate demand cools, investors continue to pour money into spot Bitcoin ETFs, attracting over $5 billion in inflows so far in October. nextThe post Metaplanet’s Bitcoin Accumulation Strategy Is Not Paying Off: Report appeared first on Coinspeaker.

The crypto market is down today. BTC fell to $113,144, and ETH is down to $4,104. The market could experience downward pressure and volatility in the near term.

The post Tesla CEO Elon Musk Shares New Post About Bitcoin (BTC) appeared on BitcoinEthereumNews.com. Tesla CEO Elon Musk, known for his support for cryptocurrencies, especially Dogecoin (DOGE), made a new post about Bitcoin (BTC) on X. Responding to a post by user X named Zerohedge, Elon Musk said that Bitcoin is energy-resistant and cannot be counterfeited. Musk made this statement in response to a post by financial news site ZeroHedge arguing that artificial intelligence (AI) is a new global arms race that will bring major investments from the US and China. Zerohedge stated that the resulting increase in liquidity explains the recent surge in gold, silver, and Bitcoin, and that energy cannot be printed. Tesla CEO stated that he found this post accurate and stated that governments have printed fake fiat money throughout history, but energy cannot be counterfeited. “TRUE. That’s why Bitcoin is based on energy: You can print fake fiat currency, and every government in history has done so, but energy is impossible to fake.” Musk’s perspective on Bitcoin suggests that it’s based on energy. According to Musk, fiat currency can be counterfeited. Energy and Bitcoin cannot be counterfeited. True. That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy. — Elon Musk (@elonmusk) October 14, 2025 *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/tesla-ceo-elon-musk-shares-new-post-about-bitcoin-btc/

The post New 220 BTC Stack Added appeared on BitcoinEthereumNews.com. Strategy Resumes Bitcoin Buying: New 220 BTC Stack Added Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is passionate about writing and through the years, he has gained experience working in a variety of niches. Keshav holds an active interest in the cryptocurrency market, with on-chain analysis being an area he particularly likes to research and write about. 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/strategy-resumes-bitcoin-buying-220-btc-added/

Elon Musk said Tuesday that Bitcoin (CRYPTO: BTC) is based on energy and, unlike fiat currencies, governments cannot fake it and issue their own.read more

Economist Peter Schiff renews attacks on Bitcoin, claiming its latest crash exposes the myth of “digital gold” amid rising gold prices.