Google Gemini AI predicts that, assuming a full-blown crypto bull market returns and is turbocharged by a landmark catalyst, LINK could hit $300 by January 1, 2027. The scenario outlined assumes not only a strong bull market in late 2026 but also a transformative catalyst: a consortium of major traditional financial institutions, clearing houses, and…
The new federal framework was proposed by the US Commodity Futures Trading Commission for crypto exchanges that offer leveraged trading to retail customers. The move could give US crypto platforms a clearer route to federal oversight at a time when the country still lacks a broad crypto market law. CFTC Chairman Michael S. Selig announced…
Strategy estimated a $4.1 billion income-tax benefit after Bitcoin’s fair value rose above cost as of Sept. 30, according to its Oct. 5 filing. The benefit comes from a lower estimated tax expense through an accounting adjustment. The filing shows what can change when Bitcoin crosses a large holder’s cost basis. The next consequence depends…
The US services prices gauge reached a four-year high in September even as growth slowed, a combination that could keep leveraged Bitcoin positions exposed to restrictive financing conditions. The October 5 survey pairs softer activity with more widespread reports of rising input costs. The Institute for Supply Management’s services report, issued on its October 5…
Bitcoin treasury companies can give investors greater exposure to the cryptocurrency’s gains, but the amplification works in both directions, according to The Smarter Web Company CEO Andrew Webley. In a recent interview with BTC advocate Stephen Livera, Webley also warned that unlike Bitcoin itself, these companies depend on management teams whose capital allocation decisions can…
Bitcoin’s estimated US mining footprint shrank as Russia’s grew, with little change in top-three country concentration. Hashrate Index’s Oct. 5 country estimates put the US at about 335 EH/s, down from 345 EH/s in the previous edition, while Russia rose from 162 to 170 EH/s. The US, Russia and China still account for roughly 66%…
Analyst Dennis Liu, who posts on X as VirtualBacon, says altcoin season has not started, because the average altcoin is only about 10% ahead of BTC since the primary cryptocurrency’s bottom. According to him, a handful of strong coins are making the market feel hotter than the data supports. Most Altcoins Still Trail Bitcoin Liu’s…
XRP price trades near $1.50 today as Evernorth’s expected Nasdaq debut under XRPN and two conditional XRP Ledger upgrades approached for October 8-9. Right now, bulls still face resistance around $1.55. The price action shows little aggressive front-running of the catalyst calendar. A sustained break above $1.55 could put $1.63 in view; without confirmation, $1.45…
US Treasury’s Financial Crimes Enforcement Network (FinCEN) announced on Oct. 5 that it is withdrawing a reporting proposal for crypto mixing, the use of techniques that obscure a transaction’s source, destination, or amount. The plan reached beyond dedicated mixing services and would have required financial institutions to report information about covered transactions and their customers.…
OKX announced Tuesday that Circle (CRCL), Ripple, Qube Research & Technologies (QRT), and SC Ventures by Standard Chartered have invested in the exchange at a $25 billion valuation. The exchange said the round extends the stake NYSE parent Intercontinental Exchange (ICE) took in March, and it described this week’s valuation as pre-money, before counting the…