Bitcoin (BTC) 
$86,989.86 The price is $92,400 and there is a lot of development going on at the time of writing. While the Treasury Minister makes new statements, the leak about Microsoft AI bubble reignited the debate. Sherpa points to an opportunity for PENGU Coin. Here are the important details you need to know.
9 Important Developments
The agenda in crypto currencies is intense and BTC It returned to 92 thousand dollars. Just when investors thought something was changing, the constant bad news coming from the $93,000 resistance reached an annoying level. Of course, good things are happening, but the leak today during the US market opening that Microsoft had revised down its AI sales targets was annoying.
AI bubble debates via NVIDIA earnings report Although we saw that it was reined in last month, this does not seem to end easily. There were other important developments as well. Let’s quickly summarize them in items.
- Bank of America said its wealthy customers can allocate up to 4% to cryptocurrencies. BofA announced that it changed its opinion regarding the Fed interest rate decision and took a position in favor of reduction.
- from SEC Paul Atkins said that the agency has sufficient authority for crypto rules and that the innovation exemption will start in January.
- Strategy gave the good news that they may soon start providing Bitcoin loans. This could mean the company generates additional annual revenue of over $2 billion.
- BitMine added 18,345 ETH (~$55 million) to its treasury.
- Uniswap × Revolut collaborates to enter the global market.
- Coinbase will list JUP Coin, one of the most important players in the Solana ecosystem.
- Circle established Circle Foundation with 1% equity for CDFIs.
- Anthropic is targeting a major IPO in 2026. OpenAI is also moving on this path. These public offerings may diminish the artificial intelligence bubble debates.
PENGU Coin
Analysts have their favorite altcoins and they generally consider them as their favorites because they invest in them. We share Poppe and others’ evaluations of their baskets. Sherpa today PENGU Coin He said he sees an opportunity for it, and the charts seem to have whetted his appetite.
“PENGU is a cryptocurrency that is high on my watch list. It was previously one of the leaders, it has been down for over 130 days and lost 80% of its value, it is currently in an interesting point. I follow time-based capitulation and the overall price. I am looking for short-term investments, not long-term investments like ZEC. PENGU had a great day yesterday and caught my interest.”
If it wasn’t for Microsoft’s FUD, it might be right for this week, but BTC is having a hard time even holding $92,000 for now.
