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Threshold has introduced upgrades to its tBTC bridge, which it claims will better position the $500 billion worth of Bitcoin held by institutions and whales to access DeFi opportunities.

Bitcoin’s recent weakness mirrors broader economic uncertainty, as unreliable economic data and shifting expectations on US growth and policy cloud investor confidence.

Visible buying from spot bitcoin ETPs and corporates has not translated into decisive upside, leaving traders to ask a blunt question: who is supplying the market? For Chris Kuiper, CFA, vice president of research at Fidelity Digital Assets, the answer is clear. “ ‘Who is selling?’ is the number one question I’ve been getting regarding bitcoin’s continued price pressure against a backdrop of visible buying,” he wrote on X on November 12. “I’m not unique in suggesting it’s the long-term holders (or HODLers).” Kuiper points to a simple but powerful on-chain gauge: the percentage of outstanding bitcoin that has not moved for at least one year. Glassnode’s “Percent of Supply Last Active 1+ Years Ago” rises in bear markets as coins age in place and investors sit on unreal...

According to the agencies’ operations plans, staff are expected to return to work the day after the “enactment of appropriations legislation,” which occurred late on Wednesday.

Ether’s struggle to reclaim $4,000 is the result of weakening onchain activity, a decline in fees and competition from Solana, BNB Chain and upcoming altcoin ETFs.