π Can Bitcoin still hit $160K by Christmas?
π Research from economist Timothy Peterson suggests BTC could rally 44% on average in Q4, pushing it to ~$160K by yearβs end. Historically, Bitcoin gains 70% of the time in the last four months, though September is usually weak. π§
Analysts call the current dip a βfrontrunningβ of the usual September slump β setting the stage for a strong comeback. Outlook: positive, but less volatile than past cycles. π
π Research from economist Timothy Peterson suggests BTC could rally 44% on average in Q4, pushing it to ~$160K by yearβs end. Historically, Bitcoin gains 70% of the time in the last four months, though September is usually weak. π§
Analysts call the current dip a βfrontrunningβ of the usual September slump β setting the stage for a strong comeback. Outlook: positive, but less volatile than past cycles. π
π₯3π2π€2
π€― Arthur Hayes: The U.S. is turning stablecoins into a βcapital vacuum.β
Key takeaways from his essay:
πΈ Treasury Secretary Scott Bessent aims to kill eurodollars ($10β13T deposits outside the U.S.) and shift them into stablecoins.
πΈ Unlike eurodollars, stables must hold reserves in U.S. T-bills β guaranteed demand for U.S. debt.
πΈ WhatsApp/Instagram could hand out dollar wallets to billions, bypassing central banks.
πΈ Stablecoins will become part of Pax Americana and ignite the biggest DeFi bull run ever. π
Key takeaways from his essay:
πΈ Treasury Secretary Scott Bessent aims to kill eurodollars ($10β13T deposits outside the U.S.) and shift them into stablecoins.
πΈ Unlike eurodollars, stables must hold reserves in U.S. T-bills β guaranteed demand for U.S. debt.
πΈ WhatsApp/Instagram could hand out dollar wallets to billions, bypassing central banks.
πΈ Stablecoins will become part of Pax Americana and ignite the biggest DeFi bull run ever. π
π5
Crypto soothsayer
π Steak 'n Shake Accepts Bitcoin! Starting today, 482 locations of the iconic American burger chain Steak 'n Shake now accept Bitcoin payments via the Lightning Network β‘οΈ To celebrate, theyβre serving up βΏ-branded burgers with a special stamp featuringβ¦
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π¬ Fast-food chain Steak 'n Shake dropped a new ad β and of course, Bitcoin takes the spotlight! π₯βΏ
π₯3
π₯ Record ETH withdrawals from staking!
Since July 15, over 1.03M ETH ($4.7B) have entered the withdrawal queue β the highest ever. At the same time, staking inflows remain strong, with 753K ETH ($3.5B) added since late May. π§
π·π»Due to Ethereumβs architecture, deposits and withdrawals canβt happen instantly, creating queues when limits are exceeded. The record outflow highlights shifting dynamics in ETH staking activity.
Since July 15, over 1.03M ETH ($4.7B) have entered the withdrawal queue β the highest ever. At the same time, staking inflows remain strong, with 753K ETH ($3.5B) added since late May. π§
π·π»Due to Ethereumβs architecture, deposits and withdrawals canβt happen instantly, creating queues when limits are exceeded. The record outflow highlights shifting dynamics in ETH staking activity.
π₯4β€2π1
π¦ JPMorgan: Bitcoin is undervalued!
π Analysts say BTCβs current price is βtoo lowβ compared to gold, as volatility has dropped to historic lows (30% vs. 60% at the start of the year). On a risk-adjusted basis, they set fair value at $126K by year-end.
Key drivers:
π Low volatility makes BTC more attractive to institutions
π’ Corporate treasuries now hold 6%+ of supply, suppressing swings
π Index inclusions (Strategy, Metaplanet) fueling passive inflows
With BTCβs volatility-to-gold ratio at a record low (2.0), JPMorgan sees room for significant upside. π
π Analysts say BTCβs current price is βtoo lowβ compared to gold, as volatility has dropped to historic lows (30% vs. 60% at the start of the year). On a risk-adjusted basis, they set fair value at $126K by year-end.
Key drivers:
π Low volatility makes BTC more attractive to institutions
π’ Corporate treasuries now hold 6%+ of supply, suppressing swings
π Index inclusions (Strategy, Metaplanet) fueling passive inflows
With BTCβs volatility-to-gold ratio at a record low (2.0), JPMorgan sees room for significant upside. π
π4β€1
π Bitwise releases bold long-term BTC forecast:
βͺοΈBase case: Bitcoin at $1.3M by 2035
βͺοΈBull case: Nearly $3M
βͺοΈBear case: Around $88K
π Analysts cite institutional demand and BTCβs fixed supply as the key drivers, arguing that growing investor interest will far outpace available coins. π
βͺοΈBase case: Bitcoin at $1.3M by 2035
βͺοΈBull case: Nearly $3M
βͺοΈBear case: Around $88K
π Analysts cite institutional demand and BTCβs fixed supply as the key drivers, arguing that growing investor interest will far outpace available coins. π
π6
ETH ICO participant digs up a decade-old wallet! π°
After more than 10 years of inactivity, they just made a tiny test transaction of 0.001 ETH. But the real treasure? The wallet holds 158 ETH (~$694k)βoriginally bought for just $49. π
Sometimes, patience really pays off π΅
After more than 10 years of inactivity, they just made a tiny test transaction of 0.001 ETH. But the real treasure? The wallet holds 158 ETH (~$694k)βoriginally bought for just $49. π
Sometimes, patience really pays off π΅
π₯10
π§ River shared a neat compilation showing how some of the biggest names have flip-flopped on Bitcoin over the years. π§
Among them: Jerome Powell, Donald Trump, Larry Fink, Jamie Dimon, Mark Cuban, and Michael Saylor.
Even the strongest critics can make a U-turn when it comes to BTC π
Among them: Jerome Powell, Donald Trump, Larry Fink, Jamie Dimon, Mark Cuban, and Michael Saylor.
Even the strongest critics can make a U-turn when it comes to BTC π
π7π3
π₯ Altseason loading?
π CryptoQuant analysts note a gradual capital rotation from BTC into altcoins.
Market outlook for fall & winter 2025 looks bullish: potential Fed rate cut in September and a possible SEC approval of altcoin ETFs could give the trend even more fuel π
π CryptoQuant analysts note a gradual capital rotation from BTC into altcoins.
Market outlook for fall & winter 2025 looks bullish: potential Fed rate cut in September and a possible SEC approval of altcoin ETFs could give the trend even more fuel π
β€5π₯5π₯°1
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At the Bitcoin Asia conference in Hong Kong, drones created a massive BTC logo in the sky
β€11π3
π Tiger Research forecasts Bitcoin at $190K by Q3 2025 π
Their model sets a base price of $135K, adding boosts from fundamentals (+3.5%) and macro conditions (+35%).
Key drivers:
βͺοΈ$90T+ global liquidity
βͺοΈStrong ETF & corporate accumulation (ETFs hold 1.3M BTC, MSTR 629K)
βͺοΈ401(k) access to crypto, potentially adding $90B demand
π On-chain data shows the market is active but not overheated β a bullish setup with some caution signals.
Their model sets a base price of $135K, adding boosts from fundamentals (+3.5%) and macro conditions (+35%).
Key drivers:
βͺοΈ$90T+ global liquidity
βͺοΈStrong ETF & corporate accumulation (ETFs hold 1.3M BTC, MSTR 629K)
βͺοΈ401(k) access to crypto, potentially adding $90B demand
π On-chain data shows the market is active but not overheated β a bullish setup with some caution signals.
π4β€1
π $WLFI Trading Has Begun!
The hype around the Trump-family token is real:
π° Trader 6ccDoT made $263,866 in just 10 minutes trading WLFI.
π Whale 0xf30c opened a $2.2M long at 1x leverage.
πΈ Investor 0xa2f2 took a $2.3M long at 3x leverage.
β οΈ Early volatility is reminiscent of $TRUMP token peaks.0 Insider wallets dominate, raising manipulation risks:
βͺοΈTop 3 wallets control 50%+ of WLFI supply (Bubblemaps).
βͺοΈPresale participants are moving tens of millions to exchanges (Lookonchain).
High rewards come with high riskβwatch the market closely!
The hype around the Trump-family token is real:
π° Trader 6ccDoT made $263,866 in just 10 minutes trading WLFI.
π Whale 0xf30c opened a $2.2M long at 1x leverage.
πΈ Investor 0xa2f2 took a $2.3M long at 3x leverage.
β οΈ Early volatility is reminiscent of $TRUMP token peaks.0 Insider wallets dominate, raising manipulation risks:
βͺοΈTop 3 wallets control 50%+ of WLFI supply (Bubblemaps).
βͺοΈPresale participants are moving tens of millions to exchanges (Lookonchain).
High rewards come with high riskβwatch the market closely!
π₯4β€3