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Veteran trader Peter Brandt predicts Bitcoin will reach $200,000 around Q3 2029, not by the end of 2025 as some executives forecast. He views the recent price dump as a healthy reset, potentially setting the stage for long-term growth in the cryptocurrency market. Peter Brandt’s timeline: Bitcoin $200,000 by mid-2029, emphasizing a multi-year bull market […]
Bitcoin market sentiment remains deeply divided as the cryptocurrency trades around $87,000, with social media predictions split between a potential drop below $70,000 and a rally toward $130,000. This tug-of-war reflects conflicting economic signals, including fading rate cut hopes and positive tech earnings, creating uncertainty for investors heading into the weekend. Social media buzz shows […]
The Federal Reserve’s concerns over stretched asset prices, including cryptocurrencies, signal potential volatility in digital markets amid debates on December interest rate cuts. Officials like Lisa Cook warn of risks from private credit and AI-driven trading, which could trigger sudden declines impacting crypto stability. Fed officials highlight risks in financial stability, including crypto asset bubbles. […]
Bittensor’s TAO token shows building momentum as it tests a key downtrend line in a descending channel, with rising liquidity, trading volume, and user interest from over 168,000 trackers indicating steady growth potential without sharp volatility. TAO maintains steady trades within a descending channel, approaching resistance with controlled price swings. Rising market activity reflects stable […]
The UK Serious Fraud Office has launched a fraud investigation into Basis Markets, a defunct crypto hedge fund accused of misappropriating $28 million from investors through misleading NFT and token sales in late 2021. Two men have been arrested in connection with the scheme, which promised low-risk yields via arbitrage strategies but collapsed amid regulatory […]
The recent crypto market slump stems from a market maker liquidity crisis triggered by the October crypto crash, according to BitMine Chairman Tom Lee. This has led to reduced capital and forced selling, crippling liquidity and dragging prices lower for weeks. October 10 Crash Impact: A $20 billion liquidation event caught market makers off-guard, creating […]
The Hyperliquid HIP-3 Upgrade introduces a growth mode that slashes taker fees by up to 90% for new perpetual swap markets, enabling permissionless deployment to boost innovation and attract traders on this decentralized exchange and L1 blockchain. Permissionless Market Creation: Builders can deploy new perpetuals with 500,000 HYPE tokens, fostering diverse asset listings. Growth mode […]
Former U.S. Attorney Danielle Sassoon denied assuring immunity to Michelle Bond, ex-partner of FTX executive Ryan Salame, during a Manhattan federal court hearing on his guilty plea. This testimony addresses claims that prosecutors induced Salame’s plea, potentially impacting Bond’s campaign finance charges tied to FTX funds. Sassoon testified that no immunity was promised to Bond […]
The US Securities and Exchange Commission’s Crypto Task Force is hosting a roundtable on December 15 to discuss privacy and financial surveillance concerns in the cryptocurrency ecosystem, highlighting the growing emphasis on user protections amid recent legal developments. SEC roundtable focuses on crypto privacy challenges, bringing together industry leaders and regulators. Recent convictions of developers […]