Bitcoin Poised for Rally as Fed Signals End to Quantitative Tightening

Federal Reserve Chair Jerome Powell's recent remarks at the National Association for Business Economics conference have sent ripples through the cryptocurrency markets. Powell indicated that the Fed's quantitative tightening (QT) program is likely to conclude within months, while reaffirming the central bank's control over interest rates. This development has been met with immediate sensitivity in crypto markets, as traders interpret the potential easing of monetary policy as bullish for digital assets like Bitcoin. With the current date being November 14, 2025, market participants are closely watching for signs of increased liquidity that could drive Bitcoin and other cryptocurrencies to new highs. The ongoing tension between monetary policy and legislative oversight adds another layer of complexity to the market's reaction, making this a critical moment for crypto investors.

Fed’s QT Nears End as Powell Warns Congress on Rate Control Stability – Crypto Markets React

Federal Reserve Chair Jerome Powell signaled the likely conclusion of quantitative tightening within months, while defending the central bank's ability to manage interest rates. His remarks at the National Association for Business Economics conference highlighted ongoing tensions between monetary policy and legislative oversight.

Crypto markets showed immediate sensitivity to the Fed's posture. Bitcoin's dramatic ascent from $18,000 to $126,000 during the QT period underscores digital assets' growing correlation with macroeconomic policy. Gold's parallel surge to record highs suggests investors across asset classes are positioning for rate cuts.

The Fed's balance sheet reduction, which trimmed $2.4 trillion from pandemic-era peaks, enters its final phase as labor market indicators soften. Powell left the door open for additional quarter-point cuts, with analysts anticipating potential action at the October meeting.

Markets Shake but 'Uptober' Holds Strong as Bullish Momentum Persists

Crypto markets weathered the largest liquidation event in history last week, yet October's bullish trajectory remains intact. Analyst Scott Melker notes the downturn was structural rather than sentiment-driven, distinguishing it from previous crashes. "After the largest liquidation in crypto history, I expected October to be DEEP in the red. Somehow, it’s still holding on," he observed.

Institutional confidence grows as public companies continue accumulating Bitcoin. Macro tailwinds include New York City's new crypto office, potential Federal Reserve rate cuts, and easing trade tensions. Key metrics suggest the market is transitioning from hopeful to confident, with technical patterns reinforcing the resilience of the uptrend.

Roger Ver Reaches $50M Settlement with U.S. in Bitcoin Tax Case

Roger Ver, the early Bitcoin investor known as 'Bitcoin Jesus,' has struck a deferred prosecution agreement with the U.S. Department of Justice, resolving a high-profile tax evasion case. The deal requires Ver to pay nearly $50 million in back taxes, penalties, and interest to the IRS.

The charges stem from Ver's alleged failure to report his bitcoin holdings after renouncing U.S. citizenship in 2014. Court documents reveal he omitted capital gains taxes on constructive sales of his BTC holdings, resulting in a $16 million loss to the U.S. Treasury. The settlement includes a $12 million penalty under Section 6663 of the tax code.

This case highlights the IRS's increasing scrutiny of cryptocurrency transactions and expatriation-related tax obligations. Ver had previously challenged the constitutionality of the 'exit tax' applied to his Bitcoin holdings, though those arguments were ultimately set aside in the settlement.

New Whales Drive Bitcoin Market Dynamics as Bull Cycle Matures

Bitcoin's market trajectory is increasingly influenced by a new cohort of whale investors, who are demonstrating a preference for profit-taking over accumulation. On-chain data reveals these entities now control a significant portion of BTC supply, signaling a shift from earlier holders who either liquidated positions or moved coins to cold storage.

The bull market shows signs of maturation, with 97% of all-time BTC holders remaining profitable despite recent price corrections. Notably absent are the euphoric sentiment and chaotic trading patterns characteristic of previous cycles, replaced instead by strategic institutional participation and treasury buying.

Market metrics suggest restrained Optimism rather than anxiety, with the Net Unrealized Profit and Loss indicator reflecting sustained long-term conviction. The 2025 cycle has yet to reach historical greed thresholds, even as Bitcoin achieves new valuation milestones.

Former UK Leaders Warn of Britain’s Missed Crypto Opportunities at Coinbase Forum

Former UK leaders Nick Clegg and George Osborne delivered stark warnings about Britain's lagging position in cryptocurrency adoption during a Coinbase-hosted forum. Both emphasized the geopolitical stakes of technological leadership, with Clegg highlighting China's aggressive push for digital sovereignty through closed internet models.

"Blockchain and decentralized technologies are critical tools to defend the open web against authoritarian pressures," Clegg asserted, calling for coordinated action among Western democracies. His remarks referenced Meta's abandoned Libra stablecoin project, suggesting its failure stemmed from association with Facebook rather than technical shortcomings.

Osborne delivered a scathing indictment of UK regulatory stagnation, tracing it to post-2009 financial crisis trauma. "There is zero incentive for financial regulators to support crypto innovation," he said, recalling his symbolic use of a Bitcoin ATM in Canary Wharf a decade ago as unfulfilled promise. The former Chancellor proposed overhauling regulatory mandates to balance consumer protection with innovation promotion.

Safe Haven Rally: Will Bitcoin Join Gold and Silver?

Gold and silver are staging one of their strongest rallies in years, quietly outperforming other assets in the aftermath of what is widely considered the greatest crypto crash. The precious metals' surge raises questions about whether Bitcoin, often dubbed 'digital gold,' will follow suit.

Market participants are closely watching for signs of correlation between traditional SAFE havens and cryptocurrencies. The current divergence presents a critical test for Bitcoin's store-of-value narrative.