Traders who predict Bitcoin will reach its cycle-high price by the end of this year may be misunderstanding the principles of statistics, a Bitcoin analyst says. It comes as several analysts have been forecasting the outcome for Bitcoin (BTC) in recent times. “Anyone who thinks Bitcoin has to peak in Q4 of this year does not understand statistics or probability,” PlanC said in an X post on Friday. Source: Daniel Sempere Pico “From a statistical and probability standpoint, it is equivalent to flipping a coin and getting tails three times…
Category: Bitcoin News
Tether Seeks to Invest in Gold Supply Chain: Report
Stablecoin issuer Tether, the creator of USDt (USDT), has begun discussions with mining and investment groups about deploying capital across the gold supply chain, according to the Financial Times. The move would further diversify Tether’s portfolio risk. According to the report, Tether has been exploring deploying capital across several sectors in the gold business, including gold mining, refining, trading and royalty companies. The company has accumulated $8.7 billion worth of physical gold, which is stored in a vault in Zurich, Switzerland. The reserves back Tether Gold (XAUT), the firm’s gold-pegged…
TLGY, StablecoinX raise $530M PIPE as Ethena USDe hits $12B
StablecoinX and TLGY Acquisition have secured an additional $530 million in financing to buy digital assets, bringing total commitments to $890 million ahead of a planned merger and Nasdaq listing. The combined company, to be renamed StablecoinX Inc., is set to hold more than 3 billion ENA, the native token of the Ethena protocol. According to the company, it will be the first dedicated treasury business for the Ethena ecosystem, which issues the USDe and USDtb stablecoins. The capital was raised through a private investment in public equity (PIPE) transaction,…
Nasdaq’s Listing Overhaul Could Raise the Bar for Crypto Treasuries
Nasdaq’s newly proposed listing rules may give established digital asset treasury firms an edge, while raising new barriers for smaller players looking to incorporate cryptocurrencies into their balance sheets. The changes, announced Wednesday, include lifting the minimum public float to $15 million and fast-tracking delistings for companies that fall out of compliance. According to Brandon Ferrick, general counsel at Web3 infrastructure company Douro Labs, the proposed changes are unlikely to hurt well-managed digital asset treasury firms. Instead, they give stronger players a trading premium. “You can expect the best names…
Gemini Launches Crypto Staking And Derivatives In Europe
Crypto exchange Gemini, founded by Cameron and Tyler Winklevoss, is expanding in Europe with new staking and derivatives offerings. Gemini users in the European Economic Area (EEA) can stake Ether (ETH) and Solana (SOL), as well as trade perpetual contracts denominated in Circle’s USDC (USDC) stablecoin, the company told Cointelegraph on Friday. The launch follows Gemini’s approval under Markets in Crypto-Assets Regulation (MiCA) in Malta in August and its earlier authorization under the Markets in Financial Instruments Directive (MiFID II) in May. “Our goal is to be one of the…
The most widely used Bitcoin strategy, explained
What is hodling crypto? Hodling crypto means holding onto cryptocurrency long-term instead of selling, regardless of market volatility. In 2013, a late-night forum post on Bitcointalk was titled “I AM HODLING.” The user, clearly frustrated with market swings and maybe a few drinks in, meant to say “holding.” Nevertheless, the typo stuck. In the years that followed, “HODL” went from meme to mindset. In a space that thrives on hype cycles, FOMO trades and 100x gambles, hodling offered a radically simple idea: Buy Bitcoin and don’t touch it. No day…
Bitcoin Price Weakness Returns With a Trip Below $109,500
Key points: Bitcoin ignores US jobs data and falls over 2% on the day. A high-volume area now comes into play as support, even as analysis sees a BTC price comeback next. Gold continues to make headlines by beating crypto and US stocks this bull market. Bitcoin (BTC) fell back under $109,500 after Thursday’s Wall Street open as US jobs data failed to boost crypto. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin fails to crack resistance in fresh dip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losses passing 2%…
Stablecoin Startup 1Money Gains 34 US Licenses
1Money, a company building a layer-1 blockchain for stablecoin payments, has secured 34 US money transmitter licenses and a Class F digital asset business license from the Bermuda Monetary Authority. According to a Thursday announcement, the company plans to launch global “stablecoin orchestration services” through its regulated entities. It aims to provide stablecoin infrastructure, including a dedicated layer-1 protocol, orchestration services and a full suite of compliant fiat solutions. 1Money says its regulated footprint enables it to support both stablecoin and real-world asset (RWA) issuers. Its customers would be allowed…
Whales lose millions on Trump-linked WLFI amid 40% dip. despite token burn
Big crypto investors, or whales, were suffering millions in losses on the Trump family-linked World Liberty Financial (WLFI) token, which continued to decline despite a proposal to reduce the circulating supply. Whale wallet 0x432 lost more than $1.6 million after closing a 3x leveraged WLFI long position, according to Onchain Lens. “The moral of the story: never be in FOMO,” short for fear of missing out, wrote the platform in a Thursday X post, referencing the whale’s hasty investment move. The investor had opened a second long position on the…
Is Bitcoin About to Start Its Next Bear Market?
Key points: Bitcoin is approaching the start of its bear market if four-year cycle theory is still valid. BTC price targets include $50,000 for October 2026. Bitcoin is currently battling a resistance trend line that could spark a $100,000 support retest. Bitcoin (BTC) could have just one month before the end of a four-year cycle, triggering a $50,000 collapse. New comments from Joao Wedson, founder and CEO of crypto analytics platform Alphractal, also include a $140,000 BTC price target. Can Bitcoin escape its scheduled bear market? Bitcoin faces a new…