Institutional traders are still adding Bitcoin exposure while retail sentiment stays cautious. Jane Street’s new stake in Marathon, a $120 million whale buy, and a defended $90,000 support band all show deep-pocketed buyers stepping in. Jane Street Discloses New $13 Million Stake in Bitcoin Miner Marathon Jane Street has revealed a fresh position in Marathon Digital, adding another major Wall Street name to the list of institutions gaining exposure to Bitcoin through mining equities. The disclosure, filed on Nov. 19, shows the trading giant purchased about 1.15 million MARA shares, valued at roughly $13 million. BitcoinTreasuries Mara Stake Image. Source: BitcoinTreasuries.NET The move places one of the world’s largest market-making firms alongside other institutional investors using miners as a proxy for Bitcoin’s long-term trend. Marathon remains the second-largest publicly traded Bitcoin holder, and its treasury position continues to draw interest as Bitcoin’s role in broader portfolios expands. The timing also stands out. Jane Street reported the new stake while Bitcoin miners faced shifting profitability and rising competition across the sector. Even so, the firm increased its exposure, signaling that Marathon’s balance-sheet BTC and production capacity still attract institutional attention. Large Bitcoin Buyer Moves $120 Million as Market Turns Cautious A series of large transfers shows a single buyer accumulating more than $120 million in Bitcoin, even as retail traders pull back during the latest bout of market uncertainty. The transactions appeared within a few hours on Arkham, where several inflows moved from BitGo-linked addresses into one receiving wallet. Bitcoin Whale Inflows Chart. Source: Arkham / X The flow includes transfers of 320 BTC, 270 BTC, 259 BTC, 230 BTC, and 200 BTC, along with smaller entries. Each transaction ranged between $18 million and $29 million, adding up to roughly $120 million in total. The inflows all moved into the same destination address, signaling consolidation by a single entity rather than unrelated purchases. The timing adds weight to the move. While sentiment remains fragile across spot markets, the accumulation suggests at least one large buyer is increasing exposure during a period of hesitation. The pattern also mirrors earlier phases where deep-pocketed participants built positions while broader trading activity slowed. Bitcoin Bulls Defend $90,000–$92,000 Support as Trader Eyes Double Bottom Meanwhile, Bitcoin is once again holding above the key $90,000–$92,000 support band, keeping a deeper breakdown on pause for now. The latest four-hour candles show repeated wicks into that zone, with price rebounding back toward the mid-$92,000 area as buyers absorb sell orders. Bitcoin Support Zone Chart. Source: Jelle Analyst Jelle highlighted the area as a critical line where bulls “are clearly defending,” pointing to the cluster of previous reaction lows on the chart. The grey box between $90,000 and $92,000 has acted as demand multiple times this month, turning into the main short-term floor for the market. As long as candles close above this band, the current downtrend remains contained rather than turning into a steeper capitulation move. At the same time, the chart sketch outlines a possible double-bottom structure forming around this support. In that scenario, Bitcoin would retest the $90,000–$92,000 area, hold it, and then push back toward the next supply zones near $97,000–$100,000. A clean move into those upper grey bands would mark the “relief” phase Jelle mentions, undoing part of the sharp decline from above $110,000 earlier this month. However, the setup still depends on time and confirmation. Jelle notes that bulls need to keep price above support “until after the weekend” for the pattern to play out, underlining that another strong daily close below $90,000 would invalidate the double-bottom idea. In that case, the chart leaves room for a slide toward lower demand areas highlighted earlier in the year, where Bitcoin last consolidated in the $80,000s before its summer breakout. Even so, the current structure shows a clear battle zone. Buyers are defending a well-defined horizontal level, while sellers remain active after weeks of lower highs from the $120,000 region. The next decisive move will likely come from whether this $90,000–$92,000 shelf continues to hold as a base or finally breaks and turns into resistance.
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
PEPE Faces 70 Percent Crash Warning as Nearly 1 Billion Flows Hit Market
PEPE is flashing one of its sharpest contradictory signals of the year, losing key support while futures and spot flows explode. Traders now face a split setup where a deep correction and a bullish reset can unfold at the same time. PEPE Support Break Triggers 60–70% Downside Risk PEPE has lost its key weekly suppor t at $0.0000059, and the level now acts as strong resistance. As long as price trades under this line, the higher-time-frame trend stays bearish. The chart shows a clear support-to-resistance flip, which usually signals continuation rather than a full reversal. PEPE Breakdown Chart. Source: CryptoPatel At the same time, the weekly fair value gap (FVG) below price is only partially filled. Liquidity has already swept below multi-month lows, so there is still room for a deeper move into that green demand zone. According to the map on the chart, PEPE can still drop another 60–70% toward the high-time-frame accumulation area near $0.00000178. However, the structure is not bearish forever. The idea here is that a sharp 40–70% flush would complete Smart Money Accumulation inside that lower zone. After that, a clean reclaim of $0.0000059 on the weekly chart would mark a macro bullish shift. The last time PEPE formed a similar pattern and broke a descending trendline, it later delivered about 4,650%, so the analyst treats this drawdown as preparation for the next expansion rather than the end of the trend. PEPE Sees Nearly $1 Billion in Combined Futures and Spot Inflows PEPE is showing one of its strongest flow surges in weeks as futures and spot markets record close to $1 billion in combined inflows. Coinglass data highlights heavy futures activity with more than $647 million in 24-hour volume, while spot markets added over $94 million during the same period. These flows pushed PEPE higher even as the broader market moved in the opposite direction. PEPE Flows and Market Data. Source: Coinglass / X (Pepe Whale) At the same time, open interest sits near $186.6 million, reflecting active positioning during the latest volatility. Funding data across multiple timeframes shows consistent inflows, especially in the four and eight-hour windows, where net positive flows once again strengthened the market structure. This shift suggests traders are rotating back into PEPE after the recent sell-off. PEPE now counts about 5.7 million holders including exchange wallets, placing the token among the most widely held memecoins. With its current ranking near 41 in global crypto market capitalization, the strong liquidity, deep futures activity and renewed inflows indicate that the asset remains a major focus for both retail and derivatives traders. Coinpaper
Revolutionary Stablecoin Debit Card: Taiko and Bitget Wallet Transform Crypto Payments
BitcoinWorld Revolutionary Stablecoin Debit Card: Taiko and Bitget Wallet Transform Crypto Payments Imagine paying for your daily coffee or groceries directly with cryptocurrency – no complex conversions, no lengthy wait times. This vision becomes reality as Taiko and Bitget Wallet launch their groundbreaking stablecoin debit card, bridging the gap between traditional finance and decentralized ecosystems. What Makes This Stablecoin Debit Card Revolutionary? The Taiko and Bitget Wallet partnership introduces a payment solution that leverages Visa’s extensive infrastructure. This strategic move means users can spend their digital assets anywhere Visa cards are accepted, creating unprecedented accessibility for cryptocurrency holders. This stablecoin debit card supports three major stablecoins: USDT, USDC, and USDS. Users enjoy fee-free transactions up to 400 USDT monthly, making everyday purchases more affordable. The card currently operates across Asia, Europe, and Brazil, with plans for global expansion. How Does This Benefit Everyday Crypto Users? Traditional payment systems often exclude cryptocurrency users or impose heavy conversion fees. However, this new stablecoin debit card eliminates these barriers completely. Users can now: Spend cryptocurrency directly without conversion to fiat Enjoy zero transaction fees within monthly limits Access global payment networks instantly Maintain cryptocurrency holdings while making purchases The platform operates on Taiko’s Ethereum Layer 2 network, ensuring fast transactions and low gas fees. This technical foundation makes the stablecoin debit card both practical and cost-effective for daily use. Why Is This Important for Crypto Adoption? Taiko’s vision extends beyond simple payments. The company aims to transition traditional closed payment systems to a decentralized, rollup-based framework. This approach brings everyday payment activities on-chain, creating transparency and security that traditional systems lack. The stablecoin debit card represents a significant step toward mass cryptocurrency adoption. By integrating with established payment networks like Visa, it demonstrates how blockchain technology can enhance rather than replace existing financial infrastructure. What Challenges Does This Innovation Overcome? Previous attempts at cryptocurrency payment cards faced several obstacles. High volatility made spending unpredictable, while regulatory uncertainty limited availability. This stablecoin debit card addresses these issues by: Using stablecoins to eliminate price volatility concerns Partnering with established financial infrastructure providers Implementing robust compliance measures Ensuring seamless user experience The result is a payment solution that feels familiar to traditional card users while offering the benefits of blockchain technology. How Can You Get Started with This Stablecoin Debit Card? Getting started is straightforward for existing cryptocurrency users. The process involves connecting your Bitget Wallet, funding it with supported stablecoins, and ordering your physical or virtual card. The platform guides users through each step, making cryptocurrency payments accessible to everyone. This stablecoin debit card represents more than just another payment option – it’s a gateway to the future of finance. As more people embrace digital assets for everyday transactions, the line between traditional and decentralized finance continues to blur. Frequently Asked Questions What stablecoins does the card support? The card supports USDT, USDC, and USDS, giving users flexibility in their preferred stablecoin. Are there any geographical restrictions? Currently available in Asia, Europe, and Brazil, with plans for expansion to other regions soon. How does the fee-free limit work? Users can spend up to 400 USDT equivalent per month without any transaction fees. Is the card available in physical form? Yes, users can choose between physical and virtual card options based on their preferences. What makes this different from other crypto cards? This card operates directly on Layer 2 technology, offering faster transactions and lower costs than many alternatives. How secure is the platform? The combination of Visa’s security infrastructure and blockchain technology provides multiple layers of protection. Help spread the word about this financial innovation! Share this article with friends and followers who would benefit from understanding how stablecoin debit cards are transforming everyday payments. To learn more about the latest cryptocurrency payment trends, explore our article on key developments shaping Ethereum-based payment solutions and institutional adoption. This post Revolutionary Stablecoin Debit Card: Taiko and Bitget Wallet Transform Crypto Payments first appeared on BitcoinWorld . Coinpaper

