---
title: "Bitcoin traders raise odds of sub-$70,000 Christmas, Bitmine reports $6.3 billion annual net loss, and more"
url: https://thecoingazette.com/bitcoin-traders-raise-odds-of-sub-70000-christmas-bitmine-reports-6-3-billion-annual-net-loss-and-more/
date: 2026-11-12
modified: 2026-11-12
lang: en
author: "Coin Gazette Editorial"
description: "In today's newsletter, bitcoin 'ripe for a squeeze' as traders raise odds of sub-$70,000 Christmas; Bitmine reports $6.3 billion annual net loss as ether falls 44%; and more."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 28
---

# Bitcoin traders raise odds of sub-$70,000 Christmas, Bitmine reports $6.3 billion annual net loss, and more

In today's newsletter, bitcoin 'ripe for a squeeze' as traders raise odds of sub-$70,000 Christmas; Bitmine reports $6.3 billion annual net loss as ether falls 44%; and more.