Crypto News

The post Bitcoin Creator Satoshi Nakamoto Arrives in Miami: New Statue Revealed appeared on BitcoinEthereumNews.com. Bitcoin’s pseudonymous creator, Satoshi Nakamoto, has arrived in the U.S. as a statue honoring the BTC founder has landed in the city of Miami.  A recent tweet shared by X user LaDoger revealed the famous Satoshi Nakamoto statue has arrived in Miami thanks to the chairman of Cantor Fitzgerald, Brandon Lutnick and Michael Saylor, Strategy’s chairman and cofounder.  The famous Satoshi Nakamoto statue, an innovative line-of-sight illusion is designed by Italian artist Valentina Picozzi — who is behind the artistic project Satoshi Gallery, which has brought Satoshi statues to five cities.  The statue was envisioned with a striking visual effect which, when viewed from an angle, makes Satoshi’s profile visible, but from the front it fades into near transparency. Brandon Lutnick, Chairman of Cantor Fitzgerald, tweeted about the milestone in an X post: “Satoshi has come to the US, So proud to bring this powerful sculpture to the city of Miami.” Lutnick also shared an image of himself and Strategy chairman Michael Saylor unveiling the statue. Saylor remains a strong Bitcoin advocate, and under his watch, Strategy holds 641,692 BTC; the most recent of such acquisitions saw the Bitcoin treasury company buy 487 BTC for nearly $49.9 million at the start of the week.  Satoshi’s legacy stands In September, a statue honoring Satoshi Nakamoto, the mysterious creator of Bitcoin, was unveiled in Hanoi, Vietnam, marking another instance of such artwork dedicated to Satoshi worldwide. A recent post from Satoshi Gallery reveals similar statues have been erected in Switzerland, El Salvador and Japan in honor of the Bitcoin founder, with the U.S. statue marking the fifth such statue by the project.  The statue representing the pseudonymous creator of Bitcoin was unveiled on Oct. 25, 2024, at Plan B’s Bitcoin forum as Swiss‑Tether and Lugano moved to brand the city a global Bitcoin hub.…

PANews reported on November 14 that, according to Lookonchain monitoring, Anchorage Digital has received 4,094 BTC, worth $405 million, from Coinbase, Cumberland, Galaxy Digital, and Wintertermute in the past 9 hours.

The post Bitfarms Will ‘Wind Down’ Bitcoin Mining and Pivot to AI After $46 Million Loss appeared on BitcoinEthereumNews.com. In brief Publicly traded Bitcoin miner Bitfarms posted a $46 million loss in Q3. The firm is beginning a transition out of the mining business, shifting focus to providing infrastructure for AI compute. Bitcoin mining operations will be wound down over 2026-2027. Publicly traded Bitcoin miner Bitfarms will wind down its BTC operations and pivot to AI infrastructure, the firm announced on Thursday.  The announcement comes alongside the firm’s third-quarter earnings, in which it posted a net loss of $46 million, compared to a net loss of $24 million in Q3 2024 from its Bitcoin business.  “We continue executing on our HPC/AI infrastructure development strategy with a fully funded supply chain and plan to convert our Washington site to support Nvidia GB300s with state-of-the-art liquid cooling,” said Bitfarms CEO Ben Gagnon, in a statement.   “Despite being less than 1% of our total developable portfolio, we believe that the conversion of just our Washington site to GPU-as-a-service could potentially produce more net operating income than we have ever generated with Bitcoin mining,” he added. Gagnon added that the firm would look to “wind down” its Bitcoin mining business throughout 2026 and 2027.  Bitfarms, which operates 12 data centers across North America with an energy capacity of 341 megawatts (MW), is confident in its ability to make the transition successfully.  “With consistent inbound demand for our sites, we have high conviction in the value of our unique energy portfolio, the demand for our power, and our ability to develop next-generation HPC and AI infrastructure,” said Gagnon on the firm’s Q3 earnings call.  The firm recently converted a $300 million debt facility in October for the financing of a site in Panther Creek, Pennsylvania, which it expects will allow it to capitalize on demand for AI infrastructure.  Shares of BITF finished the…

The post XRP News: Spot ETF (XRPC) Arrives appeared on BitcoinEthereumNews.com. Canary Capital has brought to market the first exchange-traded fund (ETF) offering spot exposure to XRP, expanding the crypto ETF landscape beyond bitcoin BTC$99.815,54, ether ETH$3.248,22 and solana SOL$145,51. XRP is up modestly over the past 24 hours to $2.46, but higher by 7.8% over the last week, solidly outperforming most major cryptos. The fund, which will begin trading on the Nasdaq starting today under the ticker XRPC, is structured under the Investment Company Act of 1940 — a regulatory framework that mandates the use of a qualified custodian to hold the underlying crypto assets. Canary Capital, Bitwise, Franklin Templeton, and 21Shares all had filed new documents for their spot XRP funds, with Canary Capital being the first one to do so. “XRP is one of the most established and widely used digital assets in the world, accessibility to XRP through an ETF will enable the next wave of adoption and growth in a critical blockchain system,” said Steven McClurg, CEO of Canary Capital, in a statement. “We believe XRP will play a key role in the evolution of our global financial system.” The fund allows traditional investors to access XRP and network-generated rewards through a brokerage account without needing to directly manage crypto assets. XRP, which powers the Ripple payment network, operates on a consensus mechanism distinct from proof-of-stake blockchains like Ethereum or Solana. However, the ETF’s design offers yield features tied to blockchain participation, positioning it as part of a new category of digital asset funds that bundle potential income with crypto exposure. The new fund reflects an ongoing evolution in the crypto ETF space, as issuers and regulators test new ways to package blockchain-native features like staking or yield into regulated investment vehicles designed for broader market access. Source: https://www.coindesk.com/markets/2025/11/13/first-xrp-spot-etf-opens-for-trade-with-canary-capital-s-xrpc

The post Federal Reserve Signals Less Likely Rate Cuts Ahead appeared on BitcoinEthereumNews.com. Key Points: Federal Reserve officials are showing caution regarding further rate cuts. This caution affects market expectations for future monetary policy actions. Cryptocurrency markets, particularly Bitcoin, have reacted negatively to these signals. Federal Reserve officials, including Minneapolis Fed President Neel Kashkari, expressed hawkish views over potential rate cuts during meetings on November 13-14, 2025, impacting U.S. financial markets. These statements narrowed expectations for monetary easing, leading to market downturns in tech stocks and increased volatility in cryptocurrencies. Fed’s Caution Alters Market Expectations, Hits Crypto Hard Federal Reserve officials signaled increased caution on interest rate cuts. Neel Kashkari, Patrick Harker, and Loretta Mester, in leadership roles, shared hawkish views citing the resilience of the economy and persistent inflation. Their remarks suggest limited room for further easing. Market expectations for December rate cuts shifted markedly. Projections dropped from above 90% to around 50% probability. Immediate implications include recalibrations in interest-rate hedges and derivative pricing, reflecting tighter monetary policy sentiment. U.S. financial markets reacted with a pronounced sell-off in tech stocks and risk assets. The Nasdaq Composite experienced notable losses, while digital currencies like Bitcoin and Ethereum saw volatility. These responses highlight market sensitivity to Federal Reserve policy signals. Bitcoin Declines 2.69% Amid Fed’s Hawkish Signals Did you know? The last significant hawkish pivot by the Federal Reserve in September 2025 caused similar ripples, prompting shifts in asset prices and interest rate hedging. Bitcoin (BTC) currently trades at $99,481.09 with a market cap of formatNumber(1984493485340.74, 2), indicative of market dominance at 59.68%. Over the past 24 hours, BTC experienced a price decrease of 2.69%. Details per CoinMarketCap highlight BTC’s ongoing volatility amid economic shifts. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 01:36 UTC on November 14, 2025. Source: CoinMarketCap The Coincu research team suggests that continued tight monetary policies could limit liquidity and…

The post FASB Meets to Address Cryptocurrency Transfer Regulations appeared on BitcoinEthereumNews.com. Key Points: FASB sets meeting to discuss crypto asset transfer regulations. Affects U.S. entities holding digital assets like Bitcoin, Ethereum. Market shows no immediate financial or on-chain impact observed. The FASB will convene on November 19, 2025, to discuss potential regulations for cryptocurrency transfer reporting in financial statements, aiming to enhance transparency and compliance. This meeting could reshape how companies declare their crypto assets, impacting financial reporting and market perceptions significantly. FASB to Address Crypto Asset Transfer Standards The Financial Accounting Standards Board (FASB) will focus on adding a project to their technical agenda concerning the accounting treatment of crypto asset transfers. This meeting follows the recent project on stablecoin classification. Changes may include expanding the 2023 guidelines’ scope, clarifying derecognition guidance, or pursuing both actions. The goal is to enhance consistency in financial reporting for digital assets, which are increasingly significant in the financial markets. Although no statements have been issued by key crypto leaders, financial markets have not shown any immediate significant shifts. The meeting reflects efforts to align financial reporting standards with evolving digital asset practices. Impact of FASB’s Crypto Decision on Financial Markets Did you know? The FASB’s focus on cryptocurrency transfer regulations follows its stablecoin classification project, indicating a broader effort to align financial regulations with the growing significance of digital assets. According to CoinMarketCap, Bitcoin (BTC) trades at $98,907.31 with a market cap of $1.97 trillion. Its price exhibited a 2.96% decline over 24 hours. The current market dominance of Bitcoin is 59.45%, with a total supply cap of 21 million coins. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 01:07 UTC on November 14, 2025. Source: CoinMarketCap Coincu research suggests that FASB’s decisions on asset transfers could impact financial disclosures and corporate strategies for digital asset management. Historical efforts reflect ongoing regulatory adaptations to…

Bitcoin's correlation with Nasdaq remains high, yet BTC exhibits a bearish trend, declining more than stocks during downturns.Read more...

Leading cryptocurrencies declined alongside stocks on Wednesday, as the six-week data blackout shrouds the Federal Reserve’s outlook for December.read more

PANews reported on November 14 that, according to Onchain Lens monitoring, as BTC fell below the $100,000 mark, a whale holding a 20x short position in BTC has now made a floating profit of over $15 million. This whale has made a total profit of over $41.7 million through multiple short BTC trades.