Tom Lee cools on $250K Bitcoin call, year-end ATH now just a ‘maybe’
BitMine chair Tom Lee says Bitcoin’s “best days” are still ahead, but has seemingly eased off his bullish prediction of $250,000 Bitcoin by the end of 2025.
Tokenized money market funds surge to $9B, BIS warns of new risks
On-chain money market funds have grown nearly tenfold since 2023, but the Bank for International Settlements warns their adoption brings new liquidity and contagion risks.
Bitcoin’s path back to $112K and higher depends on four key factors
Bitcoin’s momentum is restrained by uncertainty in interest rate policy, inflation expectations, the pending MSCI decision on crypto-focused firms, and stress in BTC derivatives.
S&P downgrades USDT’s dollar peg rating to lowest score
S&P Global Ratings downgraded Tether’s USDt to its lowest stability rating, raising concerns over its dollar peg. Tether classified the report as “misleading.”
The fund, which could be listed on NYSE Arca, would the first ETF tied to a privacy coin, following several other listings from Grayscale and asset managers.