We believed that bitcoin volatility was a thing of the past. Then it plummeted to $95,000.

The bitcoin roller coaster. If just a month ago bitcoin reached its maximum value of $123,000, now we find ourselves with an extraordinary drop that has reached almost a quarter of its value: this weekend bitcoin reached collapse up to $93,000. The question, of course, is why? The potential reasons. Although on other occasions there have been clearer reasons for sudden positive and negative movements, this time the geopolitical and economic panorama had not undergone major changes. Even so, there are several factors that may have influenced this notable drop. The traditional stock market has also been falling for days, which normally also marks the future of bitcoin and other cryptocurrencies. Some analysts indicate that the US Federal Reserve will cut rates in December, which will make investments in cryptocurrencies less attractive. They all sell: “whales” and holders. That has apparently sparked a rush to sell and a bearish move that has affected all investors. The famous whales with huge amounts of bitcoin seem to have taken the opportunity to collect profits, but even individual investors who had been keeping their bitcoins safe for years (“holders” or “hodlers”, in the slang) have also withdrawn from their positions. Even so, short-term investors (Short Term Holders) have once again been according to CryptoQuant those that have influenced the price the most. A “lost” fortune. According to the crypto analytics company CryptoQuant, about 815,000 BTC have been sold in the last 30 days, the highest figure since the beginning of 2024. In the last month and a half, no less than 1.1 trillion dollarsand many cryptocurrencies have lost all or much of what they had gained during the year. “Extreme fear”. A website called “Crypto Fear & Greed Index” evaluates the state of the crypto market based on messages and movements that occur over the days. In one week that index has gone from “fear” (29) to “extreme fear” (14). Or what is the same: many investors sell out of fear of even steeper falls. Widespread falls. As is often the case in the cryptocurrency market, bitcoin’s movements mark a contagious trend. Ethereum fell 12% in a week to $3,183, while other popular tokens such as XRP, BNB, Tron, Solana, Dogecoin or Cardano were around 16% down. But. There are investors who take advantage of these falls to further strengthen their position. Michael Saylor, CEO of Strategy, published the phrase “Big week” in X and denied rumors that it was going to partially withdraw from the market. In fact, there has repeated over and over again that not only was it not selling, but “we have bought bitcoin every day this week.” There are theories for all tastes, and other analysts relate this fall to the so-called M2, a measure of available liquidity. If one compares the trends of M2 and bitcoin, assuresthat reveals that bitcoin will regain ground in the short term. Get ready for the curves. These days we are experiencing significant falls among large technology companies and the fear that the hypothetical AI bubble will burst is especially high. This seems to have influenced investors in the crypto world, who have taken the opportunity to correct positions perhaps waiting for new events (such as the announcement of rate cuts, if they occur). This volatility is different from the old one. The uncertainty and volatility are reminiscent of years ago, when the falls and rises in value of bitcoin and other cryptocurrencies were enormous. The difference now is that for years bitcoin and cryptocurrencies have ended convincing the institutional market. In fact, CryptQuant analysts indicate that “the whales are accumulating (bitcoin) in a big way, and they have not made a profit. And yet they continue to accumulate.” It is something that we have been watching all year. Image | Jonathan Borba In Xataka | A man threw his hard drive in the trash and lost 700 million euros in bitcoins. Now he will have his own series

The United Kingdom put an age verification to access PornHub. Immediately afterwards, its traffic plummeted by 77%

Since the United Kingdom implemented age verification stricter access to explicit sexual content last July, under the Online Safety Act, traffic to pornographic websites has plummeted. Pornhub, the most visited adult site in the world, ensures that its visits from this country have decreased by 77%. Massive traffic reduction. According to Ofcom, the British communications regulator, visits to sites with pornographic content generally have decreased by almost a third within three months after the law comes into force. Google shows that searches for Pornhub have dropped by about half since then. The regulations require that anyone who accesses this type of website from the United Kingdom prove to be over 18 years old through verifications such as facial identification, email codes or credit card data. It must be taken into account that Pornhub is the nineteenth most visited website on the entire Internet, according to data from Similarweb, which gives dimension to the impact of these figures. The VPN effect complicates measurements. The drop in traffic does not necessarily mean that Brits have stopped consuming pornographic content. And there is a tool that makes actual measurement difficult of traffic from the UK: VPNs. The UK has become one of the fastest growing VPN markets in the world. According to data According to Cybernews, in the first half of 2025, more than 10.7 million downloads of VPN applications were recorded in the country, a figure that is already close to 16.65 million for all of 2024. Ofcom esteem that around a million people use VPN daily, tools that are especially useful for hiding the user’s real location and thus bypassing age controls. After the law came into force, VPN apps topped downloads in the British App Store, with at least one provider reporting an 1,800% increase in downloads. “It is likely that some of Pornhub’s ‘missing’ audience has not actually disappeared, but is being reclassified as non-British traffic,” explains Aras Nazarovas, cybersecurity researcher at Cybernews. cunequal compliance. Alex Kekesi, director of Aylo, parent company of Pornhub, explains BBC that the new rules are “unenforceable” and that many platforms benefit from ignoring them. It notes that Ofcom faces an “insurmountable task” trying to enforce the rules on some 240,000 adult platforms, visited by eight million users a month in the UK, while the regulator has only taken action against fewer than 70 sites for non-compliance. Kekesi assures that there are sites whose traffic “has grown exponentially” due to not complying with age verification, and has expressed concern about the content of some of these platforms, mentioning one that seemed to encourage searching for content with minors. Aylo affirms have shared information about these sites with Ofcom. The defense of the regulator. Ofcom defend that prioritizes the investigation of sites according to their risk and number of users, and that the increase in traffic can be precisely one of the factors that triggers an investigation. The organism holds that the 10 most popular platforms already have verification systems in place, representing 25% of all visits to adult content from the United Kingdom. The regulator also insists that more than three-quarters of the daily traffic to the 100 most visited websites goes to sites with age verification. “Sites that do not comply and put minors at risk can expect to face enforcement action,” he said. declared Ofcom. The regulator has launched investigations against 62 services suspected of ignoring the law. The debate over where to check. Pornhub proposes that age verification be done at the device level instead of web by web, arguing that it would be more effective and better protect privacy. Kekesi, who has traveled to the United Kingdom to meet with Ofcom and government officials, stands out That the British country is an exception, since Pornhub has blocked access in other jurisdictions that required age verification, such as France, its second largest market. The difference is that the United Kingdom allows sites to offer various verification methods, including email checks that do not require biometrics. However, experts such as Chelsea Jarvie, a cybersecurity researcher at the University of Strathclyde, they explain to the BBC that “for someone to be truly safe online we need different layers of controls throughout their browsing,” noting that no single approach is a “silver bullet.” The position of the British government. The authorities they have defended the regulator’s actions and have reaffirmed that protecting minors online is a “top priority” for ministers. “Where evidence shows that greater intervention is needed to protect minors, we will not hesitate to act,” the executive states. Ofcom affirms that the new law is fulfilling its primary purpose of preventing children from being able to “easily stumble upon pornography without searching for it.” “Our new rules end the era of an age-blind internet, when many sites and apps did not carry out any meaningful check to see if minors were using their services,” the regulator says. In Xataka | We already know how to retrieve the exact prompts that people use in AI models. It’s terrifying news

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