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  • Fidelity's macro director forecasts a Bitcoin market bottom around $65,000 in 2026, suggesting a potential end to the current bull cycle, while remaining optimistic about the long-term view of Bitcoin.
  • Jump Trading faces a $4 billion lawsuit from Terraform Labs, alleging market manipulation leading to the dramatic collapse of the Terra ecosystem, illustrating the legal challenges entwined with the crypto landscape.
  • Regulatory developments are underway as the U.S. Senate confirms crypto-friendly appointments to lead key financial institutions, indicating a potential shift towards a more favorable regulatory environment for the crypto industry.
  • The crypto market recently hit an eight-month low, with analysts predicting continued price declines, while market shocks like the Bank of Japan's rate hike are causing volatility and triggering liquidations across various cryptocurrencies.
  • Bybit and Coinbase are adapting to new regulatory landscapes, with Bybit relaunching its platform in the UK and Coinbase taking legal action in multiple states to cement its operations in prediction markets amidst ongoing regulatory scrutiny.

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