Crypto News

The post OKX Wallet Schedules Maintenance for Soneium Network Services appeared on BitcoinEthereumNews.com. Darius Baruo Dec 04, 2025 17:32 OKX Wallet announces maintenance for Soneium network services starting December 3, 2025, affecting service availability but ensuring asset security through third-party nodes. OKX Wallet has announced a scheduled maintenance for its services related to the Soneium network, set to commence on December 3, 2025. This maintenance period is expected to affect the availability of specific services on the Soneium network, according to OKX. Service Disruptions and Solutions During this maintenance phase, services associated with the Soneium network will be temporarily unavailable. In an effort to mitigate the impact on users, OKX Wallet will provide access to third-party RPC nodes, allowing continued trading on the network despite the ongoing maintenance. Asset Security Assurance OKX reassures its users that, as a decentralized product, their Soneium assets will remain securely stored on the blockchain and will not be affected by the maintenance activities. This assurance aims to maintain user confidence and trust in the platform’s security measures. Commitment to Quality Service OKX Wallet has emphasized its commitment to delivering high-quality products and services to its users. The maintenance is part of ongoing efforts to enhance service quality and reliability. Users are encouraged to remain patient and utilize the alternative solutions provided during this period. For more information, users can visit the official OKX website. Image source: Shutterstock Source: https://blockchain.news/news/okx-wallet-soneium-network-maintenance

BitcoinWorld Stunning Bitmain ETH Purchase: $68.7 Million Move Signals Major Crypto Confidence The cryptocurrency market just witnessed a stunning development that has everyone talking. According to blockchain analytics firm Lookonchain, an address linked to mining giant Bitmain executed another massive Bitmain ETH purchase, acquiring 22,676 Ethereum worth approximately $68.7 million. This follows an even larger transaction the previous day, creating a powerful narrative about institutional confidence in […] This post Stunning Bitmain ETH Purchase: $68.7 Million Move Signals Major Crypto Confidence first appeared on BitcoinWorld.

The post MicroStrategy’s USD Reserve May Safeguard Bitcoin Holdings Amid Market Volatility appeared on BitcoinEthereumNews.com. Strategy has established a $1.44 billion US dollar reserve to safeguard its Bitcoin holdings from forced sales during market downturns. This move addresses fears over dividend payments and debt servicing, providing financial flexibility in volatile crypto conditions while maintaining long-term Bitcoin commitment. Key Point 1 – The reserve covers 21 months of dividend obligations, raised in just over a week through stock sales. Key Point 2 – It eliminates fear, uncertainty, and doubt (FUD) surrounding Strategy’s ability to manage obligations without liquidating Bitcoin assets. Key Point 3 – Strategy holds over 650,000 BTC, acquired at an average price of $87,000 per coin, positioning it as a major corporate Bitcoin holder. Discover how Strategy’s $1.44 billion USD reserve protects Bitcoin holdings amid market volatility. Learn about dividend security and corporate crypto strategies. Stay informed on key developments—read more now! What is Strategy’s $1.44 Billion USD Reserve and Why Does It Matter for Bitcoin? Strategy’s $1.44 billion USD reserve is a strategic financial buffer designed to cover dividend payments and debt interest for at least 12 months, with extensions planned to 24 months. Announced earlier this week through a stock sale, it allows the company to avoid selling its substantial Bitcoin holdings during downturns. This initiative underscores Strategy’s commitment to the Bitcoin ecosystem by neutralizing concerns over financial stability in volatile markets. How Does the USD Reserve Neutralize Dividend FUD and Boost Market Confidence? The reserve directly tackles investor apprehensions about Strategy’s capacity to meet its obligations if stock prices decline sharply. CEO Phong Le highlighted in a recent interview that this fund eliminates FUD, which had fueled short positions against Bitcoin. Raised in just over a week, the $1.44 billion equates to 21 months of dividends, demonstrating the company’s ability to secure capital even in a Bitcoin downcycle. Le assured stakeholders…

The post Bitcoin Price Forecast as BlackRock Sends $125M to Coinbase appeared on BitcoinEthereumNews.com. The Bitcoin price continues to face uncertainty after a recent recovery attempt failed to reclaim $94K. Market conditions are now changing rapidly with tightening of liquidity flows and softening of sentiment. The BTC price moves between firm support zones and heavy resistance, creating a narrow field for near-term decisions.  The situation has become conditional upon the reaction of buyers to pressure and the greater transfers and economic statistics provoke new apprehension. The market is getting ready to make another decisive move as responses are tightening around hot spots. BlackRock’s Transfer Sparks Market Unease The Bitcoin price narrative shifted sharply after BlackRock moved $125M in BTC to Coinbase. This shift put strain because traders learned when to do it when the market was in a delicate situation.  The BTC price reacted with hesitation because large inflows often signal immediate repositioning. The sellers became complacent as every rebound could not stand. Customers retreated rather than pursuing unpredictable actions. New macro pressure was then absorbed in the market when the U.S. PCE inflation increased to 2.8 and this pushed Bitcoin down. This reading made people more cautious in the short term as traders revised expectations before potential policy changes. The decline strengthened the impact of BlackRock’s transfer since both events aligned with weak sentiment. The liquidity became thin at the resistance as participants became less exposed. These circumstances added to the prevailing stress in the market. The Bitcoin price now faces stronger headwinds as traders track upcoming flows. BlackRock has deposited $125,500,000 in $BTC and $2,500,000 in $ETH to Coinbase today. More selling? pic.twitter.com/DliEz58VKG — Ted (@TedPillows) December 5, 2025 Rejection Zone Signals Mounting Downside Risk The BTC price continues to stall near the $94K barrier as sellers defend the region. The Bitcoin price attempted several rebounds, yet each push failed before breaking…

The post Turkish Exchange Paribu Buys Majority Of Competitor CoinMENA appeared on BitcoinEthereumNews.com. Turkish crypto exchange Paribu has acquired a majority stake in CoinMENA, a Sharia-compliant cryptocurrency exchange licensed in Dubai and Bahrain. According to a Thursday CoinMENA announcement, Paribu acquired a majority stake in CoinMENA in a deal valuing the company at up to $240 million. The company claims the transaction is Türkiye’s largest fintech deal to date and the country’s first cross-border acquisition of a digital asset platform. Paribu said it plans to use the acquisition to scale its operations beyond its home market. CoinMENA obtained a license from Bahrain’s central bank in early 2021 and another from Dubai’s Virtual Assets Regulatory Authority at the end of 2023. “With this acquisition, we have expanded our licensed operations to a wider geography, becoming a regulated player in one of the world’s most crypto-adoptive markets,“ Paribu founder and CEO Yasin Oral said. Paribu and CoinMENA representatives. Source: CoinMENA Related: The future of crypto in the Asia-Middle East corridor lies in permissioned scale Crypto in the MENA region Oral said he expects the deal to have far-reaching consequences “for the digital asset and broader finance ecosystem in Türkiye and the ”Middle East and North Africa (MENA) region: “We are opening a new chapter in Paribu’s growth journey, extending our presence into the MENA region and contributing to the ongoing consolidation of the global digital asset industry.” Related: Crypto to become UAE’s second-biggest sector in 5 years — Institutional investor The announcement follows numerous developments in the MENA region over the past few months. In late November, Ripple’s dollar-pegged stablecoin was cleared for use by institutions in Abu Dhabi after winning recognition as an Accepted Fiat-Referenced Token by the local watchdog. Also in November, a new decree by the United Arab Emirates’ central bank was reported to bring decentralized finance and the broader Web3 industry…

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The post Michael Saylor’s Strategy (MSTR) Faces Headwinds, but Will Benefit as Bitcoin Rebounds appeared on BitcoinEthereumNews.com. Catching up to the steep decline in the price of Strategy (MSTR), Cantor Fitzgerald’s Brett Knoblauch cut his 12-month price target for Strategy (MSTR) to $229 from $560, citing a weaker environment for raising capital tied to bitcoin BTC$89,704.00. The new target still suggests nearly 30% upside from the current price of $180, with Knoblauch maintaining his overweight rating. Strategy has built its business model around raising money via common stock, preferred stock and convertible debt offerings, and using the cash to buy more bitcoin. The flywheel worked wonderfully for years, propelling MSTR to eye-popping returns since its first bitcoin purchase in 2020. Over the past year, though, investors have been less willing to value Strategy at a high premium to its bitcoin stack. Combined with bitcoin’s lame price performance, that’s sent MSTR lower by about 70% from its peak in late 204. Cantor now calculates Strategy’s fully adjusted market net asset value (mNAV) at just 1.18x — still a premium but down from the far higher levels of the past. This constrains Michael Saylor and team from raising money through what would now potentially be dilutive sales of common stock. Knoblauch thus slashed his forecast for Strategy’s annual capital market proceeds to $7.8 billion from $22.5 billion. The value assigned to Strategy’s treasury operations — essentially, how much potential upside it can capture by raising capital and buying bitcoin — fell from $364 per share to just $74. Still, Knoblauch hasn’t given up on the firm. “This is a function of both falling bitcoin prices and lower multiples,” he wrote in his Friday note. While he sees the current market as a headwind, his overweight rating signals confidence that the strategy could work again if bitcoin prices recover and investor appetite for leveraged exposure returns. That view was echoed…

The post Strategy CEO says $1.44B reserve shields company from forced Bitcoin sales appeared on BitcoinEthereumNews.com. Strategy, the enterprise Bitcoin holding company led by CEO Phong Le, has said that part of the reason for creating the $1.44 billion US dollar reserve is to protect the company from being forced to sell its Bitcoin holdings during market downturns. During an interview on Friday, Le said: We’re very much are a part of the crypto ecosystem and Bitcoin ecosystem. Which is why we decided a couple of weeks ago to start raising capital and putting US dollars on our balance sheet to get rid of this FUD.  Phong Lee At the beginning of the week, Strategy announced the $1.44 billion US dollar reserve, funded through a stock sale. Le explains that the reserve had been raised in just over a week and will fund dividends on preferred stock and interest payments on outstanding debt over a period of at least 12 months, with plans to extend coverage to 24 months gradually. Le noted that this dual-reserve strategy provides them the flexibility to navigate volatile market conditions without having to liquidate Bitcoin.  Phong Le says new reserve neutralizes dividend FUD and strengthens market confidence The creation of the USD reserve comes amid concerns that Strategy may be unable to continue servicing its debts and dividend payment obligations if the stock price falls too far. “And it’s really this FUD,” Le said on Friday. The move represents a strategic shift from the company’s previous approach, which primarily relied on issuing debt or shares to acquire more Bitcoin. Le emphasized that they wouldn’t have an issue paying their dividends, and they weren’t likely to have to sell their Bitcoin. Still, he noted that FUD was spread that the company would fail to meet its dividend obligations, which caused people to pile into a short…

Historic Activation of Bitcoin-Backed Casascius Coins Unlocks Over $179 Million Two vintage Casascius physical coins, each embedded with 1,000 Bitcoin, have recently been activated after more than 13 years, revealing a combined value exceeding $179 million. The discovery underscores the enduring allure of physical Bitcoin collectibles and highlights the remarkable growth of the cryptocurrency market [...]

Can hesitation cost a crypto investor their moon ticket? When the market looks dead, who actually makes the gains? Meanwhile, Bitcoin (BTC) is holding strong near $94,000, aligning closely with its production-cost valuation. Bullish momentum is building as BTC trades above short-term EMAs, although long-term averages continue to present challenges. These dynamics in Bitcoin’s price […]