Bitcoin Mining Not End Goal, But 'Means To An End' To Boost Data Center Business, Says Riot Platforms CEO

The post Why Crypto Feels Dead Just as It’s Finally Succeeded appeared on BitcoinEthereumNews.com. Crypto might be having a vibes crisis after Bitcoin slipped below $110,000. A wave of industry veterans say the mood across group chats and social media feels like a bear market. However, according to Bitwise CEO Hunter Horsley, that disconnect might actually be a sign that crypto has finally matured. Sponsored Bitwise and Nick Carter Say Crypto’s Boredom Signals Its Maturity “Crypto natives are now in a multi-month bear market sentiment.” These are the words of Hunter Horsley, the CEO of one of the largest crypto index fund managers. The statement comes after Bitcoin slipped below $110,000 and was trading at $109,535 on Friday during the early hours of the US session. Bitcoin (BTC) Price Performance. Source: BeInCrypto Against this backdrop, sentiment on X (Twitter), like on crypto media, is sour. However, Horsley highlights the receding regulatory risk and the abounding institutional interest, noting unprecedented market growth. “The sentiment off-Twitter is best it’s ever been. The market is changing,” he added. Sponsored Horsley’s post follows a viral comment from analyst and investor Will Clemente, who lamented that “the vibes in the crypto group chats are just sad… everyone seems jaded, depressed, and defeated.” The vibes in the crypto groupchats that I’m in are just sad honestly, people completely giving up and pivoting to other asset classes if they haven’t already. Everyone seems jaded, depressed, and defeated, & how can you blame them given how BTC has traded this year — Will (@WClementeIII) October 30, 2025 His observation captures what many traders have been sharing, that despite a strong macro backdrop, enthusiasm feels muted. However, venture capitalist Nick Carter of Castle Island Ventures argued that this so-called boredom is actually a victory lap in disguise. Sponsored “Crypto is boring because so many of the open questions have been answered. Will stablecoins…

Oil giants Exxon Mobil and Chevron reported third-quarter earnings on Friday that came in stronger than expected, according to data provided by LSEG, despite falling oil prices and a 16% drop in U.S. crude this year. Both companies pushed out record-high production numbers, with Exxon pulling in $8.1 billion in profit while Chevron posted $3.6 […]

What happens when the world’s most beloved dog token begins to lose its stride and a new beast steps into the spotlight? In today’s unpredictable meme-coin jungle, investors are relentlessly hunting the next 1000× meme coin that could surpass past icons. Fueled by hype, timing, and powerful tokenomics, fortunes are made and lost overnight. Those […] The post Shiba Inu Price Prediction: SHIB Eyes $0.000012 as BullZilla Presale Dominates the Next 1000x Meme Coin Race appeared first on Live Bitcoin News.