🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

If Bessent Repeats Yellen's 2023 Money Printing Playbook, BTC Math Points to $224K

If Bessent Repeats Yellen's 2023 Money Printing Playbook, BTC Math Points to $224K

Arthur Hayes argues Treasury Secretary Scott Bessent is running the same money-printing playbook former Secretary Janet Yellen used in 2023. If the pattern holds, the math points to a six-figure Bitcoin target.Bessent’s Treasury has already doubled long-term bond buyback operations this month. Hayes

CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets

CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets

Gannon Ken Van Dyke, a soldier who allegedly made more than $400,000 using nonpublic information to trade event contracts on prediction market platform Polymarket, is pushing back against attempts by the US Commodity Futures Trading Commission (CFTC) to weigh in on his criminal case.In a Monday fili

Coinbase Says Users May Experience Degraded Performance When Withdrawing Funds To PayPal

Coinbase Says Users May Experience Degraded Performance When Withdrawing Funds To PayPal

Coinbase Global:COINBASE: SOME USERS MAY EXPERIENCE LATENCY OR DEGRADED PERFORMANCE WHEN WITHDRAWING FUNDS TO PAYPAL- WEBSITE

US escalates Iran pressure with sanctions on crypto, aviation, shipping and gold as part of ‘economic D-Day’

US escalates Iran pressure with sanctions on crypto, aviation, shipping and gold as part of ‘economic D-Day’

The U.S. Treasury Department is zeroing in on digital assets it says are being used to bolster Iran’s economy as part of what officials have described as an "economic D-Day."During a press conference on Monday, Treasury Secretary Scott Bessent debuted the Trump administration's plan to impose second

Crypto advocacy groups oppose Illinois digital asset tax in court

Crypto advocacy groups oppose Illinois digital asset tax in court

The Crypto Council for Innovation (CCI) and Blockchain Association (BA) filed a lawsuit against Illinois officials regarding the state’s 0.2% tax on cryptocurrency, expected to be enforced starting in January 2027.In a lawsuit filed Friday in the Circuit Court of the Seventh Judicial Circuit for San

Ethereum Surged 30%, Watch Stocks to See What Happens Next, Top Analyst Says

Ethereum Surged 30%, Watch Stocks to See What Happens Next, Top Analyst Says

Ethereum’s 30% rebound last week may still face one major test before a more durable recovery, according to prominent analyst Benjamin Cowen.Is ETH Low Already In?In a podcast on Monday, Cowen noted that after a 70% rebound from its lows around $1,600, Ethereum is now approaching its regression-mod

Bitcoin Braces for Warsh's Jackson Hole Debut: Will 2022 Repeat?

Bitcoin Braces for Warsh's Jackson Hole Debut: Will 2022 Repeat?

Kevin Warsh speaks at Jackson Hole on Friday, his first keynote as Federal Reserve Chair. Bitcoin traders have one question. Does this look like August 2022?The answer sits in eight years of price data, which shows only one of those speeches actually hurt Bitcoin.What Powell’s 2022 Speech Did to Bit

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Hi, we are going to embed X post:How many holes are in the shirt?No one has been able to get this correctly Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures inv

Zondacrypto boss seeks leniency for testimony on political ties: Report

Zondacrypto boss seeks leniency for testimony on political ties: Report

Przemysław Kral, the head of the collapsed cryptocurrency exchange Zondacrypto, has reportedly been charged with participating in an alleged large-scale fraud and has begun cooperating with Polish prosecutors.Kral is seeking a reduced sentence in exchange for testimony that could include details abo

Weak Sentiment In Global Markets

Weak Sentiment In Global Markets

WASHINGTON (dpa-AFX) - Sentiment in global markets remains dampened by the deteriorating macroeconomic as well as geopolitical scenario. The looming U.S. sanctions against Iran, the potential spike in crude oil prices as well as the likely impact on inflation weighed heavily on market sentiment. A v

Bitcoin Acting as Both Risky Asset And Hedge — Market Talk

Bitcoin Acting as Both Risky Asset And Hedge — Market Talk

1009 GMT - Bitcoin is increasingly trading as both a risk-sensitive asset and a hedge against fiscal and monetary policy uncertainty, Zaye Capital Markets analyst Naeem Aslam says in a note. President Trump's comments about tariffs, Iran and larger household tax refunds reinforce broader concerns ab

3 Trading Firms Still Short Bitcoin and Ethereum Despite Sharp Price Rally

3 Trading Firms Still Short Bitcoin and Ethereum Despite Sharp Price Rally

Abraxas Capital, Fasanara Capital, and Wintermute still hold over $600 million in short positions in Bitcoin and Ethereum .Blockchain tracker Lookonchain identified the positions as market maker hedging accounts. Their liquidation prices sit far above current market levels.Liquidation Prices Sit Fa