Learning Crypto

Professional crypto research & education. Trusted insights → Smarter investing. Over a decade of experience.

[Learning Crypto @learningcrypto]

People are freaking out after 5 red weeks in a row.

I think these are amazing prices.

This streak is the shallowest since 2014: about 14% off the top, when every other one took 30%+.

Here's what Bitcoin did after each one, and the $69,700 line that decides the bull market 👇

[Learning Crypto @learningcrypto]

Bitcoin under $70K for the first time since August.

Fear & Greed at 20.
Over $1B liquidated.
Timeline full of people calling the top.

Meanwhile I'm just stacking.

Every sat under $70K is a gift. If we get the mid 60s, even better.

Same lesson every cycle. The doubters sell. The patient DCA.

[Learning Crypto @learningcrypto]

Bitcoin miners are switching machines off.

Blocks are taking 10.7 minutes instead of 10.
So in a day or so, mining difficulty drops about 7%.
The biggest cut since June.

Older rigs paying 5 cents for power still lose money, even after the cut.

No bailout.
No emergency meeting.
No committee.

The code just adjusts, every 2,016 blocks.

Try that with the Fed.

[Learning Crypto @learningcrypto]

Bitcoin fell 10% in a month.
Leverage went up 12%.

353,000 BTC now sits in perpetual futures.
In the last two years, it's only been higher on 1.2% of days.

Options traders now put a 31% chance on Bitcoin under $70K at Christmas.
A week ago it was 15%.

When everyone is levered and nervous, price moves fast.
Either direction.

Coins on your own keys don't get liquidated.

[Learning Crypto @learningcrypto]

Gold is down 25% from its January record.

Retail is selling.
Gold bar and coin demand fell 19% last quarter.

Central banks did the opposite.
321 tonnes in three months. Up 42% on a year ago.
The 5th biggest quarter on record.

China bought 63 tonnes. Poland 40.

The people who print money are buying the thing they can't print.

Watch what they do, not what they say.

[Learning Crypto @learningcrypto]

The US now owes $40.2 trillion.

Ten years ago it was $19.6 trillion.
It doubled in a decade.

$2.5 trillion was added in the last 12 months alone.

Interest on it this year: $1.4 trillion.
Net interest alone beat the entire military budget by $225 billion.

And they'll hit the debt ceiling again around February.

Nobody is paying this back.
They'll inflate it away. Out of your savings.

[Learning Crypto @learningcrypto]

MSCI just confirmed it. Strategy is out of its global indexes.

The reason?
A new "non-operating company" rule.
If most of your balance sheet is an asset you hold instead of a business you run, you don't qualify.

Holding Bitcoin isn't a business, according to MSCI.

They tried a crypto-specific ban in January and backed down.
So they came back with the same idea, minus the word crypto.

Funds tracking MSCI now have to sell by the close of 30 November. Strategy reckons they hold around 13 million shares.

Forced sellers are the best sellers to buy from.

[Learning Crypto @learningcrypto]

Greece just passed its first crypto tax.

10% on your gains.
15% on staking and DeFi. They're calling it interest income.

There's a €500 "exemption".
Make €600 and you pay 10% on the whole €600.
That's a cliff, not an allowance.

Starts January 1, 2027.

A country that needed three bailouts now wants a cut of your Bitcoin.

[Learning Crypto @learningcrypto]

Oil just fell 20%.
Brent closed above $116 on October 23. Today it's about $92.

And the Fed is still about to hike.

Core prices rose 0.3% in October. Expected 0.2%.
Third month in a row.
That's 3.6% a year, with oil nowhere in it.

So much for blaming oil.

[Learning Crypto @learningcrypto]

$15 billion of stablecoins have left crypto in 30 days.

Last week alone: -$6.7B.
The steepest week since May 2022, when Terra collapsed.

Tether's USDT is down $6.8B since September 30.
After FTX blew up, USDT lost $2B in a month.

Stablecoins are the dry powder.
Right now it's being cashed out, not moved to another table.

Watch this number.
When it turns, the money is coming back.

[Learning Crypto @learningcrypto]

Bitcoin ETFs just turned negative for 2026.

-$1.28B last week. Worst week since June.
Another -$201M on Monday.
About $1.1B net out this year.

Since launch in January 2024? Still +$55.5B in.

Wall Street tourists come and go.

Coins on your own keys don't get redeemed.

[Learning Crypto @learningcrypto]

Strategy owns 850,364 Bitcoin.
Average cost: $75,456.
Bitcoin is trading right around it.

Tomorrow MSCI decides whether to kick it out of its indexes.

JPMorgan's estimate: about $2.8B of forced selling.
Index funds hold roughly 13 million MSTR shares.
That's less than one normal day of trading.

The funds sell the stock.
Not one Bitcoin has to move.

[Learning Crypto @learningcrypto]

The US 10-year yield is back above 5%.

+15bp in one day after a hot CPI print.
0.4% vs 0.3% expected.

October's 5.31% close was the highest since 2002.

Now the Fed's Waller is floating a 50bp hike.

Mortgages, car loans, credit cards. All priced off this number.

Bitcoin doesn't care.

[Learning Crypto @learningcrypto]

There is no official US inflation rate this month.

The government shut down in October 2025, so nobody collected the prices. No base month, no annual number.

What they could publish:
Prices +0.4% in October. Expected 0.3%.
That's a pace of almost 5% a year.
Gasoline +37.4% in 12 months.

And the Fed's Waller already wants a December hike. He says 50bp should be considered if inflation runs hot.

The one number they can't give you is the one you feel every week.

[Learning Crypto @learningcrypto]

🚨 BREAKING: Binance flags an iOS flaw that exposes wallet data to other apps
Called worse_query, it affects iOS 26.7.1, 27.0.1 and 27.2. A malicious app could read seed phrases, private keys and logins stored by other apps. Binance says the bug is in iOS, not its own app.

worse_query works by reading files stored on the phone. A hardware wallet keeps its keys on the device and only sends out signed transactions, and a seed phrase written on paper is not a file. The exposure is wallet apps holding keys on the affected iOS versions.

https://t.co/D68iP1M4iJ

[Binance @binance]

A vulnerability (worse_query) affecting iOS 26.7.1, 27.0.1, and 27.2 allows malicious apps to read local files from other apps, putting seed phrases, private keys, and login credentials at risk across the entire ecosystem. This is an iOS-level issue, not unique to Binance.

Immediate Action Required:
- Delete any apps installed from untrusted sources (such as sideloaded or manually signed IPAs).
- Update iOS and all apps to the latest official versions.
- If you suspect a breach, transfer funds to a new wallet created on a clean device and reset all active login sessions.

Never install unauthorized packages, and keep your software up to date.

[Learning Crypto @learningcrypto]

Bitcoin just closed its 5th red week in a row.

$86.5K to $74.7K since early October. Down 13.6%.

The line everyone's watching: the 200-day average, around $73.2K.

Price is sitting just above it.
It's held for 82 days straight.

The last time Bitcoin closed below it was 18 August. At $64.7K.

Fear & Greed: 29.

Weak hands sell the line. Patient money buys under it.

[Learning Crypto @learningcrypto]

Bitcoin at its lowest since August. Over $1 billion of leverage wiped out in a day.

Meanwhile the US money supply just hit a record $23.4 trillion. Don't freak out. This is exactly what Bitcoin was built for 👇

[Learning Crypto @learningcrypto]

Brent crude just had its worst week since 2020.

Down 16% to $98.

A month ago oil was the excuse for everything.
September inflation 3.7%. Gasoline +34% in a year.

October CPI drops tomorrow. Consensus is 3.9%.

Watch how fast "it's the oil" turns into "time to cut".

Either way, the printer wins.

[Learning Crypto @learningcrypto]

The Fed raised rates in September.

The money supply grew anyway.

US M2 just hit a record $23.41 trillion.
+5.7% in a year. Fastest since May 2022.

That's $1.26 trillion of new dollars in 12 months.

They hike with one hand and print with the other.

Your savings get diluted every month.
Bitcoin's supply doesn't.

[Learning Crypto @learningcrypto]

In one week, a bank in Paraguay went bust and locked out close to 3 million people, a French bank lost a reported $133M to hackers, and 128 banks in Japan went down over one broken piece of equipment.

Are banks about to fail? 👇