The Cointelegraph Press Review

Cointelegraph.com News

• Bitcoin implodes as volatility from Big Tech, AI bubble fears, spreads to crypto
  Bitcoin price corrected alongside major US equities as a tech-led sell-off and investor concerns over AI spending and a Federal Reserve policy shift hit markets hard. Key takeaways:Volatility and uncertainty in the Big Tech industry, along with concerns about Fed policy, pressured risk assets, driving Bitcoin’s correlation with the Nasdaq to its highest level in […]
• Bitcoin won’t hit $200K until Q3 2029: Veteran trader Peter Brandt
  The recent Bitcoin “dumping” is a positive sign for the asset, but it could take years, not weeks, for Bitcoin to reach that magic $200,000 number. Veteran trader Peter Brandt said he doesn’t see Bitcoin reaching $200,000 before the end of the year as some crypto executives have predicted. In fact, he argues it may […]
• Traders eye Bitcoin’s bull-bear ‘tug-of-war’ to plan their next move
  Nic Puckrin, an analyst at The Coin Bureau, said Bitcoin is being “pulled in different directions by conflicting news” as it heads into the weekend. Crypto trader sentiment on social media is currently split right down the middle, with one side predicting a Bitcoin drop below $70,000 and the other expecting a rally to $130,000. Bitcoin […]
• Bitcoin whale Metaplanet ‘underwater’ but eyeing more BTC: Asia Express
  Metaplanet might be underwater, but it’s doubling down on Bitcoin — plus a new survey shows 6 in 10 Singaporeans hold crypto. Asia Express. Japans largest corporate Bitcoin holder, Metaplanet, plans to raise approximately $135 million to accumulate more BTC, despite the assets price currently trading below $90,000.The company is choosing to raise capital by […]
• Tom Lee speculates wounded market makers behind crypto crunch
  Crypto’s recent slump could be the result of a market maker liquidity crisis triggered by the crypto crash in October, speculates BitMine’s Tom Lee. The recent downward pressure on the cryptocurrency market could be the result of deep holes in the balance sheets of market makers, according to Tom Lee, chairman of Ether treasury company […]
• Kalshi’s valuation marked up to $11B after $1B funding round: TechCrunch
  Kalshi has joined predictions market rival Polymarket in the $10 billion-plus valuation club after reportedly raising another $1 billion from Sequoia Capital and CapitalG. Predictions market platform Kalshi has reportedly raised an additional $1 billion from at least two venture capital firms, increasing its valuation to $11 billion.Kalshi’s latest funding round was led by Sequoia […]
• Ex-prosecutor denies promising not to charge FTX executive's partner
  One of the US attorneys behind the prosecution of former FTX executives testified as part of an evidentiary hearing exploring one of their plea deals. Danielle Sassoon, one of the US attorneys behind the prosecution of former FTX CEO Sam “SBF” Bankman-Fried, took the stand in an evidentiary hearing involving a deal with one of […]