Bitcoin Odds Surge 69% for $50K
Kalshi Crypto reports a 69% chance Bitcoin will reach $50,000 before $100,000, reflecting bearish sentiment in prediction markets. #Update #Crypto $BTC
NewsBTC is a pioneering crypto news platform established in 2013, renowned for its real-time Bitcoin and altcoin coverage, technical analysis, and industry insights. At Voted.News, we deliver concise digests of NewsBTC’s latest cryptocurrency updates—empowering you with quick, trusted forecasts, expert commentary, and essential market news. Stay informed on everything from Bitcoin price movements to the newest blockchain developments, as NewsBTC’s dedicated team continues to lead in transparent, in-depth reporting for the global crypto community.
Kalshi Crypto reports a 69% chance Bitcoin will reach $50,000 before $100,000, reflecting bearish sentiment in prediction markets. #Update #Crypto $BTC
Kraken plans to launch CFTC-regulated perpetual futures for US traders within 30 days on Bitnomial, covering $BTC, $ETH, $SOL, $XRP, $ADA, $LINK, $DOGE, $LTC, and $AVAX. #Update #Crypto
@LGUS is piloting a blockchain-based ad network on Arbitrum to enhance ad performance verification, addressing fraud and privacy issues. Japan trial results pending. #Update #Blockchain
Deribit Insights reports Wall Street’s involvement via Bitcoin ETFs has reshaped $BTC’s market structure, reducing volatility and increasing institutional trading. #Update #Crypto $BTC
Standard Chartered’s Geoffrey Kendrick identifies Bitcoin’s $59,000 as the cycle bottom, citing SpaceX IPO and oil price easing as catalysts; targets $100K BTC and $4K ETH. #Update #Crypto $BTC
Kraken enables USDCx deposits and withdrawals on Canton Network, a Layer 1 blockchain for regulated financial institutions with privacy features. USDCx is backed 1:1 by $USDC. #Update #Crypto $USDC
Fireblocks launches ETH Staking Link, standardizing institutional Ethereum staking with over 36 million ETH staked, expanding provider support, and introducing post-Pectra validator upgrades. #Update #Crypto $ETH
Aave Labs proposes adding Circle Wrapped Bitcoin (cirBTC) as collateral on Aave V3 and V4 Core, pending community feedback and governance approval. #Update #DeFi $AAVE
BA Labs proposes doubling LITE-PSM-USDC-A parameters in Sky stablecoin system, increasing daily refresh capacity to 1.6B and serving capacity to 2.4B; pending Executive Vote approval. #Update #Crypto $USDC
Kraken now supports USDCx deposits and withdrawals on the Canton Network, enhancing stablecoin infrastructure for institutional finance. USDCx is backed 1:1 by USDC in Circle’s xReserve. #Update #Crypto $USDC
Coinbase’s Quantum Advisory Council warns that 7 million $BTC are vulnerable to future quantum attacks due to exposed public keys and address reuse, urging early post-quantum migration planning. #Update #Crypto $BTC
Law enforcement dismantled AudiA6, a crypto laundering network linked to ransomware, processing 10,333 BTC ($389M). Two administrators arrested in Georgia; U.S. seeks extradition. #Breaking #Legal @Chainalysis
Dogecoin trades 34% below realized price, signaling capitulation as on-chain metrics show substantial unrealized losses. Market remains weak with bearish indicators. #Update #Crypto $DOGE
SUI faces continued bearish pressure, failing to break resistance at $0.747-$0.855, with key support at $0.65-$0.49 crucial for potential stabilization. #Update #Crypto $SUI