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Author: John Smith
Cathie Wood, the chief executive officer of Ark Invest, has cut her bullish forecast for Bitcoin for 2030, from a price target of $1.5 million down to $1.2 million. Summary Cathie Wood says Bitcoin could rise to $1.2 million by 2030. The target is $300,000 down on an initial prediction of $1.5 million. Stablecoin adoption, which is eating into Bitcoin traction, is a key factor. Wood shared the fresh outlook for the benchmark digital asset’s price in an interview with CNBC on Thursday. According to Ark Invest’s CEO, Bitcoin (BTC) remains bullish and will increase significantly over the next five…
XRP price approaches the $2.00 support after rejecting from key resistance at $2.72. Bearish momentum builds with signs of a potential bottom emerging. Summary XRP tests $2.00 high-timeframe support after impulsive correction. Holding this level could form a bottoming base for recovery. Break below $2.00 would confirm continuation of bearish structure. XRP (XRP) price is heading toward a crucial retest of the $2.00 high-timeframe (HTF) support, following a sharp decline from the $2.72 resistance. Despite the recent downside momentum, early signs of demand are appearing around this psychological level, raising the question of whether a bottom could be forming in the near…
Dogecoin price struggles to build momentum after a weak bounce from $0.15. Fading volume and lack of bullish follow-through suggest bearish pressure remains in control. Summary DOGE struggles to hold momentum after a weak bounce from $0.15. Range remains between $0.15 and $0.20 resistance. Lack of bullish volume signals potential downside continuation. Dogecoin (DOGE) price has shown only a modest recovery after bouncing from the $0.15 support region, but the move lacks strong bullish follow-through. This weak rebound highlights that bearish pressure still dominates the current market structure. Unless significant buying volume enters, the probability of another correction toward lower supports…
Subdued trends continue to define Ethereum ETF flows as investors react to shifting market sentiment. Summary Ethereum ETFs post sixth straight day of outflows, totaling over $938 million, with BlackRock’s ETHA leading withdrawals. ETH trades near $3,388, down 14% for the week, as price action mirrors declining ETF inflows and weakening investor sentiment. Whales accumulate over $1.3 billion in ETH, signaling potential recovery if ETF sentiment steadies and buying momentum builds above $3,100 support. Ethereum ETFs recorded a sixth consecutive session of net outflows on November 5, losing $119 million for the day. BlackRock’s ETHA led the drop with outflows…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Despite ostensibly being very different assets, Bitcoin (BTC) and oil share a lot in common. They’re both commodities, for one thing, and are famously hard to extract. Significant work is required to obtain them through mining and drilling, respectively. They also lie at the bedrock of global industries: oil as the basis for manufacturing and energy production; Bitcoin as the backbone of digital asset creation and onchain liquidity. You can build cool stuff using the raw materials…
Ripple revealed that it currently has no plans to go public any time soon, claiming that the firm has no “IPO timeline” despite the growing number of crypto companies vying for an IPO. Summary Ripple President Monica Long announced that the company has no plans or timeline for an IPO, citing its strong financial position and rapid growth fueled by rising stablecoin payments. While other crypto firms rush to go public, Ripple is focusing on private expansion, securing $500 million in new funding and strengthening its stablecoin ecosystem through major partnerships with Mastercard, WebBank, and Gemini. According to a recent…
The UK is preparing to set clearer rules for stablecoins in an effort to stay aligned with global regulatory developments. Summary Bank of England will release a detailed UK stablecoin regulation consultation on Nov. 10. Initial rules focus on stablecoins used for payments, with temporary holding caps. The UK aims to match the pace of U.S. regulatory rollout while managing financial stability risks. The consultation marks a major step in the UK’s plan to shape a stablecoin framework that mirrors the pace of developments in other parts of the world. According to a Nov. 5 report by Bloomberg, the Bank…
Ripple is initiating a pilot program with payments giant Mastercard to test the use of its RLUSD stablecoin for settling credit card transactions, specifically those from the WebBank-issued Gemini Credit Card. Summary Ripple partners with Mastercard, WebBank, and Gemini to pilot RLUSD for credit card settlement on the XRP Ledger. The trial marks one of the first tests of a regulated U.S. bank using a regulated stablecoin for mainstream card transactions. According to a press release dated Nov. 5, financial technology firm Ripple has launched a pilot program with Mastercard, WebBank, and Gemini to integrate its RLUSD stablecoin into credit…
DeFi decentralization has seen its golden age, but technical issues are pushing toward centralization, says Syndicate’s Will Papper. Summary DeFi protocols still struggle in terms of performance, says Syndicate’s Will Papper. Uniswap V3, Curve, and Velodrome were the golden age of decentralized DeFi Institutional capital is flowing into the top 5 assets; everything else is suffering Stablecoins bring value on-chain, making them a key catalyst for DeFi growth As more capital enters the crypto ecosystem, the question isn’t just how much, but where, and whether it’s reinforcing the very centralized structures DeFi sought to escape. Will Papper, co-founder of Syndicate,…
CMT Digital now commands a $136 million investment vehicle, leveraging its trading heritage to identify and scale promising infrastructure and DeFi protocols. Summary CMT Digital has closed its fourth fund at $136 million to back crypto startups in infrastructure and DeFi. The raise comes amid a major downturn in crypto venture funding, which fell 59% in Q2 2025. In a press release dated Nov. 5, the Chicago-based crypto venture firm CMT Digital announced the final close of its fourth investment vehicle, Fund IV, securing a total of $136 million. The firm, an offshoot of the CMT Group, said the capital…
