Taiwan's Executive Yuan and Central Bank have launched a pilot program to study Bitcoin as a potential strategic reserve asset. The initiative will use confiscated Bitcoin from legal cases, with legislator Dr. Ju-chun Ko leading efforts to diversify financial reserves and reduce reliance on the US dollar. Premier Cho Jung-tai expects a comprehensive assessment by end-2025.

Bitcoin's daily chart shows deteriorating momentum with the 9-day EMA crossing below the 20-day EMA. The Crypto Fear & Greed Index has dropped to 15 out of 100, marking extreme fear levels last seen in March. Analysts note this fear-driven environment has historically preceded rallies, with long-term holders accumulating while short-term participants exit positions.

Early Bitcoin investor Owen Gunden sold 700 BTC through Kraken on November 11, bringing his weekly total to 1,800 BTC worth $200 million. Long-term holders have distributed approximately 414,000 BTC in November, valued at roughly $43 billion. Negative ETF flows and increased options hedging activity signal mounting market caution as traders position for potential downside below $100,000.

Bitcoin is trading around $102,100 as MicroStrategy's proportion of total corporate BTC reserves declines to 60% from 75% earlier this year, data show. Morgan Stanley warns the asset may be entering a profit-taking phase, while a stronger U.S. dollar adds near-term pressure. Technical patterns suggest a potential breakout above $104,000 could trigger a rally toward higher levels.

Block has activated Bitcoin Lightning Network payment processing across its Square merchant network, enabling approximately 4 million sellers to accept cryptocurrency transactions at point-of-sale. Merchants can choose to settle in Bitcoin or convert to dollars automatically, with 0% processing fees through 2027 and 1% thereafter. The fee structure sits below the typical 1.5–3% card processing costs while eliminating chargeback risk and providing instant settlement.

Morgan Stanley Wealth Management has issued a cautious outlook on Bitcoin, with strategist Denny Galindo describing the current market phase as a "fall season" where investors should consider harvesting gains. Bitcoin recently dropped below $99,000 and its 365-day moving average, signaling weakening momentum. Long-term holders have increased selling to 104,000 BTC per month, the highest since mid-July.

California-based Auradine has released its next-generation Teraflux bitcoin mining hardware, achieving energy efficiency as low as 9.8 joules per terahash in select configurations. The new lineup includes air-cooled, hydro-cooled, and immersion-cooled models designed for large-scale mining operations. Initial samples are scheduled for Q2 2026, with volume shipments planned for Q3 2026.

Long-term Bitcoin holders have sold nearly 300,000 BTC valued at approximately $33 billion since July 2025, data show. The distribution has been primarily absorbed by exchange-traded funds and corporate treasuries. This represents a significant structural shift in Bitcoin ownership patterns, with institutional buyers replacing individual long-term holders.