Today's Stories

• 🚀 Bitcoin eyes $120K as price hovers around $115,000-$116,000, with market confidence boosted by Fed Chair Powell's signals of potential interest rate cuts.

• 📈 Ethereum outshines Bitcoin with a nearly 9% surge, as analysts predict ETH could reach $6,800 and Solana $280, signaling strong altcoin momentum into Q4 2025.

• ⚖️ Binance nears $4.3B DOJ settlement which would end compliance monitoring in place since 2023; the exchange is also delisting several tokens including BAKE, HIFI, and SLF.

Bitcoin News

• Saylor pushes Bitcoin Reserve Act advocating for Bitcoin to become a strategic national asset in the United States, potentially boosting BTC price toward $135,000 by early 2026 if successful.

• Hedged positions unwinding in the Bitcoin market as investors reduce long/short strategies, which could decrease selling pressure and support further price appreciation.

• Critical analysis emerges highlighting Bitcoin's limitations as both currency and investment, noting slow transaction times, high fees, and non-anonymity features despite growing institutional adoption.

Purchases

• New ETFs on the horizon for XRP and Avalanche expected to drive renewed investor interest and potential price breakouts in these altcoins, signaling broader market expansion beyond Bitcoin.

• Institutional interest remains strong as prominent investors publicly signal plans to increase their Bitcoin holdings, underpinning medium-term bullish sentiment in the market.

Other Headlines

• PayPal enables P2P crypto transfers with integrations to Google AI and stablecoins (especially USDC), enhancing mainstream usability of Bitcoin and Ethereum networks.

• Gemini secures EU license to operate in the European Union, marking a significant regulatory win and indicating expanding crypto market access across Europe.

• Kraken highlights regulatory progress in the United States, which is helping exchanges operate with greater clarity and paving the way for further cryptocurrency adoption.