Bitcoin Tops $124K Amid Fed Speculation
Bitcoin’s record-breaking rally past $124,000 yesterday reflects runaway optimism for September rate cuts, yet underlying inflation trends suggest the climb could face turbulence.
Bitcoin’s record-breaking rally past $124,000 yesterday reflects runaway optimism for September rate cuts, yet underlying inflation trends suggest the climb could face turbulence.
Ethereum’s rally is far from over, according to Standard Chartered, which just hiked its year-end price target to $7,500 (from $4,000) and introduced a staggering $25,000 forecast for 2028.
Elon Musk’s aerospace company, SpaceX, now holds over $1 billion in Bitcoin as the cryptocurrency reaches new all-time highs.
As Sui network activity surges, Grayscale has unveiled two new single-asset trusts tied to ecosystem protocols DeepBook and Walrus (WAL).
The US Justice Department has secured a major victory in its crypto crackdown as Terraform Labs’ Do Kwon agrees to plead guilty to fraud charges.
As institutional interest in crypto grows, Pantera Capital has revealed a $300 million+ investment in digital asset treasury (DAT) companies, positioning them as a yield-generating alternative to ETFs or direct holdings.
In a bid for greater regulatory clarity, stablecoin issuer Paxos has applied for a national trust bank charter under the OCC.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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