AI Summary
- Market analysts predict that Bitcoin may be poised for significant growth in the coming months, potentially reaching values between $200,000 and $240,000, despite macroeconomic uncertainties suggesting a consolidation phase.
- Coinbase's acquisition of stablecoin startup BVNK has fallen through after the due diligence stage, reflecting ongoing challenges in the crypto mergers and acquisitions landscape.
- The UK is pushing for greater regulation of digital assets, as evidenced by ClearToken receiving FCA approval for its crypto settlement platform, highlighting an effort to establish a structured legal framework for cryptocurrencies.
- The SEC and CFTC are considering further regulations for crypto spot trading, reflecting increased scrutiny and the need for investor protection measures in the evolving crypto marketplace.
- Amid ongoing volatility, Ethereum's fundamentals, supported by a $200 billion tokenized asset base, are leading analysts to predict a possible price breakout as institutional demand shows signs of re-entering the market.
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Sources
Cointelegraph
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Sorry, Moonvember hopefuls, macro uncertainty signals sideways month
2 hours ago
by Cointelegraph by Ciaran Lyons
Bitfinex says macro conditions signal consolidation, but others are optimistic that Bitcoin will gain as usual in November.
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Coinbase, stablecoin startup BVNK walk away from $2B deal: Report
3 hours ago
by Cointelegraph by Brayden Lindrea
Fortune reports that Coinbase’s $2 billion acquisition of BVNK fell through during due diligence, the final stage before closing a deal.
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Here’s what happened in crypto today
4 hours ago
by Cointelegraph by Cointelegraph
Trump memecoin, Solana memecoin, TRUMP token, Solana, SOL, Nova Labs, SEC, Securities and Exchange Commission, Crypto regulation, TRUMP rally, BitcoinNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Prospective CFTC chair to face hearing after Trump pulls first pick
5 hours ago
by Cointelegraph by Turner Wright
With the US government shutdown expected to end this week, the Senate Agriculture Committee scheduled a hearing to consider President Donald Trump’s pick to head the CFTC.
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Bitcoin ‘Wave 3’ expansion targets $200K as sell-side pressure fades: Analyst
5 hours ago
by Cointelegraph by Biraajmaan Tamuly
Analysts say Bitcoin could be starting its Wave III expansion, and if it plays out according to previous instances, BTC could reach the $200,000 to $240,000 range.
CoinDesk
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Bitcoin Miners Must Own Power—or Die Trying Before Next Halving, MARA CEO Says
2 hours ago
by Helene Braun
Markets, Marathon Digital, Exclusive, mara, Bitcoin Mining, NewsWith block rewards set to plunge, only miners with energy control or AI pivots are likely to survive, Thiel argues.
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Ethereum Is ‘The Infrastructure’ for Wall Street, Says Former BlackRock Executive
4 hours ago
by Helene Braun
Finance, Ethereum, Exclusive, Top Stories, NewsJoseph Chalom is betting his next act on Ethereum, calling it the only chain institutions can trust to digitize finance.
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HBAR Declines 2.1% to $0.183 as Volume Spike Signals Technical Breakdown
8 hours ago
by CD Analytics
Markets, AI Market InsightsPrice action retreats from resistance as institutional selling emerges at key levels.
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Bitcoin Slips Toward $103K; Miners Tumble on AI Trade Cooling, SoftBank's Nvidia Exit
9 hours ago
by Krisztian Sandor
Markets, Market Wrap, Bitcoin, Miners, ADP, NewsCrypto traders are taking profits on the bounce in prices, a Wintermute strategist said in a note.
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Toncoin Drops to Key $2.07 Support Level as Selling Pressure Builds
10 hours ago
by CD Analytics
Markets, AI Market Insights, Technical Analysis, TONThe token briefly rose to $2.16 before reversing, with high trading volume indicating strong resistance at that level.
Decrypt
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Canary XRP ETF Likely to Start Trading This Week After SEC Filing
37 minutes ago
by Mathew Di Salvo
MarketsThe fund could begin trading as early as Thursday.
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User Revolt Erupts on X as Character AI Quit Posts Go Viral
3 hours ago
by Jason Nelson
Artificial IntelligenceUser defections from Character.AI surged after a viral screenshot highlighted the app’s emotionally charged account-deletion prompt.
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Pro-XRP Lawyer John Deaton Is Running for Senate in Massachusetts—Again
4 hours ago
by Sander Lutz
Law and OrderCrypto-focused lawyer John Deaton is taking on Democrat Ed Markey after losing by 20 points to industry foil Elizabeth Warren last year.
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Bitcoin User Pays Over $105,000 in BTC to Send Just $10
4 hours ago
by Mathew Di Salvo
MarketsOne expert called the event a "non-standard way of crafting a transaction."
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Coinbase Abandons $2 Billion Acquisition of Stablecoin Firm BVNK: Fortune
6 hours ago
by Logan Hitchcock
CoinsAmerican crypto exchange Coinbase has scrapped plans to acquire stablecoin firm BVNK, according to a report Tuesday.
AMBCrypto
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Solana beats Bitcoin, Ethereum as SOL ETF inflows hit $6.8M!
14 minutes ago
by Samyukhtha L KM
News 1, Social, Trading View, Altcoin, News, SolanaKey takeaways Are Solana ETFs doing well? Solana’s spot ETFs pulled in $6.8 million last week, outpacing BTC and ETH. What does derivatives data say about Solana’s market sent The post Solana beats Bitcoin, Ethereum as SOL ETF inflows hit $6.8M! appeared first on AMBCrypto.
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Shibarium L2 metrics: Is growth driving SHIB token burns and price?
an hour ago
by Akashnath Sumukar
Crypto News, Social, Trading View, MemecoinsKey Takeaways Are the Shibarium metrics and SHIB burns signaling price growth? No, the Shibarium activity and user growth, alongside the SHIB burns, were too little to drive an appreciable price ral The post Shibarium L2 metrics: Is growth driving SHIB token burns and price? appeared first on AMBCrypto.
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‘Good time to buy’: CryptoQuant CEO says Bitcoin upside likely IF...
2 hours ago
by Benjamin Njiri
News 1, Social, Trading View, Bitcoin, News, BTC Trading ViewKey Takeaways Why is BTC a buy opportunity at current levels? Macro tailwinds and easing selling pressure could reignite Bitcoin’s uptrend, according to CryptoQuant CEO Ki Young Ju. What are The post ‘Good time to buy’: CryptoQuant CEO says Bitcoin upside likely IF... appeared first on AMBCrypto.
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China accuses U.S. of orchestrating $13 billion Bitcoin theft
3 hours ago
by Adewale Olarinde
News 1, Social, Trading View, Bitcoin, NewsKey Takeaways What is China accusing the United States of doing? China's CVERC claims the US orchestrated the 2020 hack of the LuBian mining pool that stole 127,000 Bitcoin, then seized those coins The post China accuses U.S. of orchestrating $13 billion Bitcoin theft appeared first on AMBCrypto.
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How Caton Network [CC] soared 566% before crashing 25%
3 hours ago
by Olayiwola Dolapo
News 1, Social, Trading View, Altcoin, NewsKey Takeaways What triggered the recent 25% drop in Caton Network’s price? Bearish sentiment from Bybit traders and rising short positions in derivatives led to the sharp decline. Is there potent The post How Caton Network [CC] soared 566% before crashing 25% appeared first on AMBCrypto.