Bitcoin broke $70,000 on Friday, falling to about $68,900 by late morning, its lowest since mid-August. More than $1.6 billion in leveraged crypto positions were liquidated as the level gave way, per CoinDesk. Crypto stocks fell with it. One of them just lost its place in the biggest index in the world. Here are 4 worth researching. 👇 📌 The Watchlist 1. Strategy | $MSTR: The software company that became the largest corporate holder of Bitcoin, with 850,364 coins on its balance sheet. MSCI confirmed on November 11 that Strategy will leave the MSCI USA Index after the November 30 close, under a new rule for non-operating companies. JPMorgan estimates about $2.8 billion of forced selling from MSCI funds alone. The shares closed Thursday down 6.49 percent at about $114. 2. Coinbase | $COIN: The largest crypto exchange in the United States, where trading fees rise and fall with crypto activity. It reported third quarter revenue of $1.22 billion and earnings of $2.51 a share on October 29. The shares traded near $128 around midday Friday, down about 2 percent on the day, as lower Bitcoin prices mean less trading to earn fees from. 3. MARA Holdings | $MARA: One of the largest public Bitcoin miners. Miners earn Bitcoin for securing the network, so a lower Bitcoin price squeezes the value of what they mine. The shares were down about 6 percent in premarket trading Friday at about $7.20. 4. iShares Bitcoin Trust | $IBIT: The largest spot Bitcoin ETF, which holds actual Bitcoin for shareholders. It fell 4.45 percent on Thursday. US spot Bitcoin ETFs have now seen five straight sessions of net outflows, about $1.44 billion withdrawn through November 11, according to Farside Investors data. 📌 The Part Worth Saving A broken round number is a reason to research a stock. It is not a reason to buy blindly. Look for: - Whether the stock owns Bitcoin, sells the picks and shovels, or only rides the price - Whether an index removal changes the business, or only who is forced to sell - How much of the move is leverage unwinding, and how fast it can reverse - Whether ETF outflows are a one week flush, or a longer change in demand The best question: when Bitcoin breaks a round number like $70,000, do you watch the coin, or the stocks built on top of it? Education only, not financial advice.read more
Saturday, November 14, 2026 | 6:15 AM CST Coverage: $BTC | $LTC | $ETH | $XRP | $SOL MARKET SNAPSHOT Crypto is firmly risk-off this morning. • Total Market Cap: $2.38T • Fear & Greed: 13/100 • BTC Dominance: 56.85% • 24H Volume: $109B PRICE CHECK • $BTC: $67,196 | -3.1% 24H | -11.5% 7D • $LTC: $48.25 | -1.9% 24H | -7.6% 7D • $ETH: $1,906 | -2.8% 24H | -15.0% 7D • $XRP: $0.989 | -3.5% 24H | -15.5% 7D • $SOL: $75.64 | -6.3% 24H | -15.9% 7D FACTS • All five assets are down over the last 7 days. • Bitcoin is holding up better than ETH, XRP, and SOL in this selloff. • Litecoin has shown the best 7-day relative hold in this group. • Solana has had the deepest 7-day drawdown of the five. • Fear is extreme, but extreme fear is not proof the bottom is in. MY READ In this environment, I care more about: network health, liquidity, leverage, tokenomics, and real adoption than I do about red candles alone. A price decline can create a research opportunity. It does not automatically create an investment opportunity. RISK DESK VIEW $BTC Core monetary infrastructure. Strongest reserve-asset thesis in crypto, but still highly exposed to macro liquidity and custody concentration. $LTC Defensive payment satellite. Best relative hold in this group over 7 days, but I still want to see durability in adoption and continued security confidence after the 2026 MWEB incident. $ETH Core programmable-finance infrastructure. Deepest smart-contract and DeFi foundation here, but the key question remains whether value capture stays strong as activity spreads across L2s. $XRP Settlement infrastructure thesis. The network has real activity, but the main underwriting question is still whether ecosystem adoption translates into sustained demand capture for XRP itself. $SOL High-growth execution satellite. Strong activity and trading utility, but also the highest execution risk, concentration risk, and speculative volatility in this group. WHAT I ASK IN SELLOFFS • Is the network secure? • Is usage growing? • Is liquidity deep? • Is supply disciplined? • Is value actually accruing to the token? • Is the thesis stronger or weaker than it was before the selloff? BOTTOM LINE Today’s market is red. That does not mean every thesis is broken. It also does not mean every dip deserves capital. Capital preservation first. Conviction second. Price third. Stay Solvent. Stay Secure. EDUCATIONAL MARKET COMMENTARY ONLY! NOT A RECOMMENDATION TO BUY, SELL, OR HOLD! #Bitcoin #Ethereum #Litecoin #XRP #Solana #Crypto #RiskManagement #TheFinancialLedger Sources: CoinPaprika, BitInfoCharts, DefiLlama, XRPSCAN, ethereum.org, solana.com, litecoin.com, ripple.comread more
Bitcoin down 9% this week, now sitting around $68.5k. Historically, midterm election years haven’t always been kind to Bitcoin, especially 2018 and 2022. We’re also trading below the 200-day moving average, which isn’t exactly a great sign. But at the same time, could this be setting us up for some serious upside? I’m still bullish on BTC long term. Curious what everyone thinks. Are you buying at these levels, waiting for a better entry, or even considering leveraged exposure?
right now is the easiest time to be bearish on $BTC if you agree with the crowd, you will likely mitigate your losses, but you will also likely not outperform them long-term over the past two months, we've seen "rare buy signals" and bulls resurface everywhere. we are about to see bears re-enter & scare the market again most market news focuses on short-term (<10 year outlook) price action triple-a estimates that only 13.7% of americans own cryptocurrency i can count the number of people i personally know who truly understand how powerful decentralized ledger and blockchain tech is and can become on one hand most other people think it's "risky" or a scam the long-term truth is the greatest risk and largest scam of the american financial situation is the means of exchanging value we exchange value with paper that our monetary system can print, regulate, & control we have a solution, and it's still being ignored after 18 years. there is a reason why 35%+ of my portfolio is in a single asset i'll take any long-term bearish bet any day. game onread more
Over the past nearly 18 years of it's history Bitcoin has not had two down years in a row and that streak could be ending this year. BTC ended 2025 down 6.3% and this year as of Nov 14th Bitcoin is trading at about $64000.00 down nearly 27% on the year So could it rally 30% over the next 6 weeks and finish in the green ? It could and it could also go lower and post it's first back to back loss. Curious to see where the market takes us
If you liked Bitcoin at $124,000… You should love Bitcoin at $68,000 If you liked Ethereum at $4,800… You should love Ethereum at $1,900 If you liked Solana at $260… You should love Solana at $80 read more
BMNR started the week trading at $18.82, approximately a 15% discount to mNAV, with Ethereum trading at $2,126.00 By Friday, BMNR had fallen 7.65% to $17.38, and Ethereum dropped about 9.36% to $1,923.00 What caused the selloff? Could be a number of things, but there are concerns over inflation and higher U.S. interest rates. There were also significant forced liquidations across the cryptocurrency market as prices declined. CoinGlass was showing Ethereum liquidations at approximately 71% of their highest level over the previous 30 days, which it classified as "Near Extreme." Most of these liquidations involved leveraged long positions, creating additional selling pressure and potentially accelerating Ethereum's decline. Despite the drop, BMNR's discount to mNAV actually narrowed slightly to approximately 13.9%, suggesting the share price largely followed the decline in Ethereum. BMNR also filed its annual 10-K this past week, and there were mixed results. The company reported a $6.31 billion net loss for the fiscal year ended August 31, 2026. Approximately $6.23 billion was attributed to unrealized declines in its cryptocurrency holdings rather than realized losses. They also mentioned that the company's accounting procedures and corporate governance continued to have material weaknesses in internal financial reporting controls. Management has taken corrective actions, including hiring additional accounting and compliance personnel, bringing in external specialists, implementing a new accounting system and introducing formal control procedures. However, some controls remain incomplete or haven't been operating long enough to demonstrate effectiveness. KPMG issued an unqualified audit opinion on BMNR's financial statements, meaning they were fairly presented in all material respects under U.S. accounting standards. That is reassuring, although KPMG did not audit the effectiveness of the company's internal financial reporting controls, and those weaknesses haven't been resolved. This is something worth monitoring considering BMNR went from a relatively small Bitcoin mining operation to the world's largest Ethereum treasury in a very short period. The other concern was the $376.9 million in general and administrative expenses reported for the fiscal year. That's a substantial amount, and while it did included $200 million in expenses management classified as one-time capital-raising, advisory, legal and consulting fees, along with approximately $59 million in non-cash stock-based compensation. It is still a significant amount spent on administration. The company reported approximately $121.4 million in staking and validation revenue for the year. As its staking operations expand, we should see that revenue increase, but the question is whether it will eventually generate enough to cover ongoing operating expenses and the preferred share dividends. BMNR has approximately $33.25 million in annual preferred dividend obligations from its Series A preferred shares alone. If staking revenue doesn't eventually cover its ongoing expenses and dividend obligations, the company would need to rely on existing reserves, asset sales or additional financing. That could potentially include further shareholder dilution, particularly if it continues issuing common shares to fund operations or expand its Ethereum holdings. Overall, it was another difficult week for BMNR shareholders. read more
Clarity on CRA Rules for US listed Crypto ETF $IBIT Questrade allows holding US listed crypto etfs e.g. $IBIT in CAD registered accounts but says investors should verify with a tax professional about CRA interpretation. Has anyone come across an actual CRA qualification? I can find many opinions but not able to find a primary source. Does anyone currently hold us listed crypto etfs in registered accounts?
