Bitcoin (BTC) Drops Below 89,000 USDT with a 4.21% Decrease | Kisha park on Binance Square

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Bitcoin (BTC) Drops Below 89,000 USDT with a 4.21% Decrease in 24 Hours
$BTC On Dec 05, 2025, 16:32 PM (UTC), according to Binance Market Data, Bitcoin has fallen below 89,000 USDT and is now trading at 88,923.070313 USDT, reflecting a 4.21% decline in the past 24 hours.
#Bitcoin #BTC #CryptoUpdate #MarketDip  #CryptoNews 
$BTC 
$SOL 
BTC
90,001.41
-1.29%

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$BTC Strategy (formerly MicroStrategy) has confirmed the purchase of 10,624 BTC for approximately $962.7 million, at an average price of $90,615. The company’s total holdings have now reached 660,624 BTC, with a cumulative investment of $49.35 billion and an average purchase price of $74,696. From 2025 to date, the BTC return stands at 24.7%. After the announcement, BTC briefly surged above $92,000. Saylor also revealed at the Bitcoin MENA conference in Dubai that he has met with sovereign wealth funds and over 100 institutional investors — “they all want exposure to Bitcoin.” Where did this new batch of BTC come from? Through ATM equity issuance, including $928 million from MSTR common stock and $35 million from STRD preferred stock. The company also emphasized that its $1.44 billion cash reserve is sufficient to cover two years of dividends, and they will never sell BTC to repay debts. #Bitcoin #MicroStrategy #CryptoNews #BTCUpdate #MarketTrends

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Binance has obtained full authorization from Abu Dhabi and has been strategically renamed “Nest.” Binance received full approval from the Abu Dhabi Global Market (ADGM) and will now operate under the new brand “Nest.” The exchange will run through three independently regulated entities, and its compliance framework has been fully upgraded. 6666! #CryptoNews #Binance #NestExchange #ADGM #MarketUpdate $BTC

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$ETH BlackRock applies to list a Staked ETH ETF. BlackRock has submitted an S-1 registration statement to the SEC, seeking approval to list the iShares Staked Ethereum Trust ETF (ETHB). If approved, it would become one of the first Staked ETH ETFs in the industry. Grayscale and Bitwise have also recently submitted similar applications. #CryptoNews #EthereumETF #BlackRock #ETHUpdate #MarketTrends $BTC $BNB

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$ETH BitMine’s ETH holdings have reached USD 13.2 billion. According to BitMine’s latest 8-K filing, as of December 7, their total assets stand at $13.2B, including 3,864,951 ETH, 193 BTC, and $1B in cash. In the past week alone, they accelerated their purchases by 138,452 ETH (around $430M), a big jump from their November average of about 80,000 ETH per week. Chairman Tom Lee stated that their goal is to control at least 5% of the total ETH supply. This stuff is really being bought… #CryptoNews #Ethereum #BitMine #ETHWhales #MarketUpdate $BTC $XRP

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AI continues to fly?? Trump announced this week that he will sign an executive order limiting states’ ability to independently create AI regulations. “We cannot allow one company to need approval from 50 states every time it conducts business.” The executive order will establish an AI litigation task force to challenge state-level AI laws and will give David Sacks direct influence over AI policy. This move has faced bipartisan opposition, and states like California and New York already have AI safety laws in place. Many AI companies are definitely going to celebrate. #AIUpdate #TechNews #AIPolicy #Innovation #USPolitics $BTC

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