Bitcoin this cycle may only rise x3–x5, hard to reach x10 like before?
CryptoQuant CEO predicts this bullish cycle may be less dramatic than prior ones. In return, the next downtrend season is also expected to be less brutal than the previous 80% crash.
• Bitcoin’s market capitalization is getting larger, so it needs an even larger influx of capital before price can reach x10 like in earlier cycles.
• Institutions holding a lot of BTC mean the market is less easily swept up by waves of FOMO from small retail investors. In exchange, price may also rise more slowly.
Besides, he says the market outlook looks very favorable: long-term whales have stopped selling, many big players are opening long positions near the bottom, and ETFs are continuously attracting capital.
Two tech giants are adding staff to stablecoin, tokenization of assets, and on-chain payments.
• Apple hires a strategic leader for Apple Pay, responsible for finding products, markets, and new partners. The company prioritizes candidates who understand stablecoins, tokenized deposits, and blockchain.
• Google Cloud: - Hiring a Web3 chief architect, working with exchanges, custodians, and banks to deploy stablecoins and RWAs in Asia. - Previously, they also partnered with CME Group to trial tokenization and payments on the Universal Ledger platform.
This is only a staffing preparation move; there is no information yet that Apple or Google will launch their own blockchain/stablecoin.
The company issuing the USDC stablecoin has just sold more than 1.2 million shares to Binance at an average price of $80.84 ($100M).
This price is below the market price, and Binance will be restricted from selling or transferring the shares for up to 2 years.
Under the agreement, USDC will continue to be promoted by Binance across the exchange’s products. Circle will pay additional monthly fees based on the amount of USDC held through Binance’s infrastructure.$BNB
🔥 Is the analysis phase over for $BTC with the CME Gap?
CME Group will officially open Bitcoin futures & options trading nearly 24/7 on Globex.
📌 Starting this Friday: • Bitcoin futures and options will trade throughout the week • Only a 60-minute maintenance break on Sunday night (5 PM–6 PM VN)
This means those weekend "CME Gaps" — a familiar tool for many BTC traders — might start to fade away 👀