Bitcoin Miners Hilariously Boost Reserves by $220M & BTC Plays Hard to Get at $90k

Well, folks, gather ’round and hear the latest tale of the digital gold rush. Bitcoin, that confounded little coin, has managed to keep its sturdy little chin above the mighty $90,000 mark-like a stubborn mule refusing to budge. As of now, it’s sitting pretty at $92,270, teasing traders with a spark of hope and a dash of chaos.

In the past 24 hours, Bitcoin has shown a volatility of just 1.4%, because why not keep things excitingly dull? Its market cap? A whopping $1.84 trillion-a number so big it makes one’s head spin faster than a squirrel on a sugar rush.

During this wild week, the price dabbled higher lows around $90,900 before settling at $91,200-like a stubborn old dog refusing to chase the tail. The big boys-those miners-have been gobbling up more BTC than a hog at a trough, amassing about 2,417 shiny coins worth over $220 million. They sure know how to keep things interesting by not selling, helping the price stay above that pesky $90,000 threshold. Ain’t that a sight?

Bitcoin Miners Reserves rise 2,417 BTC between Nov 23 to Dec 4 | Source: CryptoQuant

Now, these miners, bless their carbon footprints, are holding tight – like a mama bear with her cubs-adding to the supply’s tightness and making it hard for the bearish wolves to cause trouble. Their confidence speaks louder than a preacher on Sunday, which makes speculators tip their hats and hold their horses.

Chartwise, after a tumble to $80,600 on November 26, Bitcoin has been rallying like a steamboat on the Mississippi. It’s trading around $92,120, breaking through the downward trendline like a rebel with a cause, aiming to plant stronger roots on current support levels. Looks like Bull’s got a fresh grip for now.

Bitcoin’s 4-hour chart | TradingView

Blockdaemon & VerifiedX Team Up to Turn Bitcoin Payments as Easy as Pie!

In a move that’d make even a cat’s curiosity purr, Blockdaemon-yes, that blockchain infrastructure powerhouse-teams up with VerifiedX to make Bitcoin as easy as sending a postcard. Imagine paying your friend for that extra donut with fewer jitters than a jitterbug-well, almost.

They’re cooking up a system where Bitcoin can be used just like Venmo or Cash App-no need to worry about seed phrases or wallet complexities. It’s all tucked behind neat little login screens designed to fool even the most stubborn Luddites. 🎩

This partnership marks a major step toward secure, scalable DeFi for the mainstream.@CoinDesk has the exclusive story:

– Blockdaemon 😈 (@BlockdaemonHQ) December 4, 2025

Folks will now be able to earn yield, borrow against their coins, and use on-chain credit markets-all without opening a vault full of secrets or losing their minds in the wallet labyrinth. The goal? To make crypto so friendly even Uncle Silas would trade his farm for a slice of the blockchain pie!

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2025-12-05 03:20