Cryptocurrency News
Bitcoin Could Drop to $39K Before Bottom, Analyst Warns
Bitcoin is nearly 50% below its record high, keeping traders divided over whether the worst of the bear market has passed.
Citadel Sees Surprise Fed Rate Hike as Odds Hit 37.9%
Citadel Securities expects the Federal Reserve to raise interest rates on Wednesday. The firm’s case centers on a quarter-point increase, against a market consensus favoring a hold. Frank Flight, the firm’s head of macro strategy, laid out the case in a client note. He argued that traders have not fully priced the hawkish turn at
Elon Musk Accepts Nobel Economist’s Trillion-Dollar Charity Bet: Will He Deliver?
Elon Musk vows a major charity pledge after Nobel economist Daron Acemoglu challenged him to donate trillion by 2036, testing whether his optimism about AI-driven abundance matches his willingness to part with his fortune.
BlackRock Backs CLARITY Act as Tom Lee Predicts Programmable Money Revolution
Fundstrat’s Tom Lee believes the passage of the CLARITY Act in the United States will supercharge crypto.
Hong Kong Gave Banks a 2030 Quantum Deadline: Who Gives Bitcoin One?
The Hong Kong Monetary Authority (HKMA) published a white paper on quantum preparedness on July 27, rating its banking sector 2.3 out of 10 and targeting full readiness by 2030. Bitcoin (BTC) faces the same quantum threat but has no regulator to set a deadline. Its transition depends entirely on community consensus, which remains divided.
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