Citigroup analysts have released a new Bitcoin price prediction model, and it’s surprisingly straightforward. They’ve ditched complex calculations involving mining costs and adoption rates, focusing instead on a single key factor: investor demand. A Shift in Perspective The analysts explain that their previous models didn’t fully account for Bitcoin’s growing integration into the broader financial…
Mill City Ventures III, Ltd. (MCVT), a specialty finance company, announced a massive $450 million private placement to jump into the Sui cryptocurrency market. This investment will primarily be used to acquire SUI tokens, making Mill City a major player in the Sui ecosystem. A Big Bet on Sui The funding round was led by…
Pear Protocol, a popular crypto pair trading platform, just announced some big news! They’ve teamed up with Hyperliquid, a major player in the perpetual order book market, and secured $4.1 million in funding. Hyperliquid Integration: Better Pair Trading This partnership means Pear Protocol users can now seamlessly pair trade using Hyperliquid’s massive liquidity. This unlocks…
Veteran trader Peter Brandt is making some bold predictions about the crypto market and the price of silver. He believes that while most cryptocurrencies are headed for zero, one stands out as a potential star performer. Stellar’s Potential Breakout Brandt, who boasts a large following on X (formerly Twitter), highlighted Stellar Lumens (XLM) as a…
Donald Trump’s recent praise for Bitcoin has sent shockwaves through the crypto world. This surprising endorsement marks a significant shift in the former president’s stance on cryptocurrencies. From Skeptic to Supporter Trump, previously known for his skepticism towards crypto, has now publicly declared Bitcoin “amazing.” He made this statement during a speech, highlighting the asset’s…
Several US senators are raising concerns about the Federal Housing Finance Agency (FHFA)’s plan to let Fannie Mae and Freddie Mac consider unconverted cryptocurrency in mortgage applications. This could significantly change how mortgages are approved. Senators’ Concerns Senators Jeff Merkley, Elizabeth Warren, and Bernie Sanders are leading the charge against this proposal. They argue that…
PayPal is making a huge leap into the world of cryptocurrency payments. Get ready, because it’s about to get a lot easier to pay with crypto, even memecoins! Pay with Crypto: How it Works PayPal’s new “Pay with Crypto” feature lets you use over 100 different cryptocurrencies to pay businesses. Think Bitcoin and Ethereum, but…
A massive $1.35 trillion trade deal between the US and the EU is causing ripples across global markets, especially in the crypto world. Bitcoin’s 24-hour trading volume jumped by a whopping 31.81%! Lower Tariffs, Less Risk The new deal sets a flat 15% tariff on all US-EU trade, down from a previously threatened 30%. Fundstrat,…
AI is rapidly advancing, with smart systems now handling complex tasks like market analysis, medical diagnoses, and even hiring. However, this progress raises concerns about who controls these powerful AI agents and the rules governing their behavior. The Problem with Centralized AI Currently, a small number of corporations control most AI systems. This centralization creates…
Goldman Sachs is reportedly eyeing up smaller financial firms for takeover, according to a recent report. Big Banks on the Hunt A finance journalist, citing an unnamed CEO from a major financial services company, says that relaxed banking regulations are fueling a wave of potential mergers and acquisitions. The source stated that big bank deals…
