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Crypto Weekly Recap: Citi Bitcoin Forecast, NEAR ETF & Security Breaches
This week’s crypto recap covers Citi’s bold $113,000 Bitcoin price forecast, the launch of the new NEAR Intents ETF, and major security exploits on NEAR and Zano worth over $200 million. Institutional momentum continues to build despite ongoing security challenges.
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BlackRock IBIT Buys $195M Bitcoin: What It Means
BlackRock’s IBIT purchased $195.6 million of Bitcoin in a single day, bringing its 30-day total to $1.57 billion. This massive institutional buying signals growing Wall Street confidence in crypto and reshapes the Bitcoin market.
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Bitcoin Hits $87K as Weak US Jobs Data Shakes Markets
Bitcoin briefly hit $87,000 after weaker-than-expected US jobs data pushed bond yields lower, but order-book resistance kept BTC from reaching new highs. The move highlights crypto’s growing ties to traditional macroeconomics.
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Bitcoin $400K by 2030: Brian Armstrong Stays Bullish
Coinbase CEO Brian Armstrong still believes Bitcoin will hit $400,000 by 2030. We break down his halving cycle theory, ETF demand argument, and what it could mean for long-term investors.
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Peter Thiel’s Bitcoin and Ether Investments Explained
Peter Thiel has allocated $200 million to Bitcoin and Ether through Founders Fund. Discover how ETHZilla, Bullish, and his broader crypto strategy are shaping institutional adoption.
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ICBA Sues OCC Over Crypto Trust Charters: What It Means
The ICBA has filed a lawsuit against the OCC over its decision to grant crypto trust charters to digital asset firms. The case raises critical questions about regulatory fairness, consumer protection, and the future of institutional crypto adoption in the United States.
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MiCA Regulation: Circle, Aave, Hyperliquid Push Back
Circle, Aave, and Hyperliquid are challenging key provisions of Europe’s MiCA regulation, from stablecoin rules to DeFi lending and perpetual contracts. Their feedback could reshape how crypto operates in the EU.
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Fideuram Bank Loses €39.5M in AI Deepfake Scam
Fideuram, a subsidiary of Italian banking giant Intesa Sanpaolo, lost €39.5 million after criminals used AI-powered deepfake voice cloning to impersonate executives via WhatsApp. The case highlights a growing threat to both banks and crypto holders.