The prediction market platform has come a long way after regulators in the United States banned Polymarket from serving US clients in 2022.
Profit-taking in bitcoin remains low even as the cryptocurrency reached a new all-time high above $126,000 this week, CryptoQuant said.
The rollout includes new bitcoin payment tools and a merchant wallet aimed at making cryptocurrency use easier for small businesses.
Bitcoin has shown renewed strength on the weekly timeframe by resuming a steady uptrend that began earlier in the year. After several weeks of ranging between $110,000 and $120,000, Bitcoin is now on intense momentum supported by institutional demand, which has led to a new all-time high in the past 24 hours. Interestingly, technical analysis of Bitcoin’s weekly price chart shows the cryptocurrency is gearing up for an explosion to $200,000. This projection is based on Bitcoin’s ongoing price behavior being an exact replica of Gold’s rally during the 1970s. Bitcoin Aligning With the 1970s Gold Rally An interesting technical analysis shared by Mikybull Crypto on the social media platform X details how Bitcoin’s price action on the 1-week and 2-week candlestick charts is following a path walked by Gold in prior decades. His latest post on X draws parallels between Bitcoin’s ongoing price behavior and Gold’s rally during the 1970s, an era that saw the precious metal surge massively. Now, it seems that Bitcoin is now mirroring that same macro setup and could be gearing toward a price explosion to $200,000 or higher. Related Reading: Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000 In one of the charts shared by Mikybull, Gold’s price action from the mid-1970s to 1980 is overlaid with Bitcoin’s multi-year trajectory. This Gold price chart shows a consolidation phase followed by a powerful breakout in the late 1970s. According to Mikybull, Bitcoin’s structure follows this trend almost perfectly. In his analysis, he noted that Bitcoin’s price is forming higher lows above a macro ascending trendline, the same kind of structure that preceded Gold’s explosive run. Gold’s third breakout wave (Wave 5) ushered in this run, and Mikybull projected that Bitcoin is now entering a similar phase, as shown by the blue ellipse in the chart below. Mikybull’s comparison also integrated the legendary Livermore Speculative Chart, which is an early 20th-century framework, to track Bitcoin’s behavior. Bitcoin’s price action on the weekly timeframe follows a structure labeled from one through ten, each level corresponding to phases in the Livermore Speculative Chart. Why Bitcoin Can Explode To $200,000 May Only Be the Beginning For Bitcoin As shown in the chart above, Bitcoin is currently trading around the 1.272 Fibonacci extension level below $125,000 and is playing out the eighth stage of Livermore’s speculative cycle. Current market trends point to Bitcoin advancing past the eighth stage at the 1.618 Fib level ($145,355) to then advance to the ninth stage of the cycle, which is just above the 2.618 Fibonacci extension level at $204,000. Related Reading: This Major Bitcoin Metric Just Made A New Low For The First Time In 6 Years, Is An ATH Above $130,000 Coming? After that lies the tenth stage, around the 3.618 extension at $262,000, projected to be the final peak of this cycle based on Livermore’s speculative cycle. At the time of writing, Bitcoin is trading at $121,450, having retraced slightly after its most recent all-time high of $126,080 on October 6. Featured image from Adobe Stock, chart from Tradingview.com
CryptoSlate turns eight today, and as Editor-in-Chief, I could not be prouder of what we have achieved and where we’re going next. Our first story in 2017 asked which countries were most open to crypto, and since then, millions of readers have come to us for clear reporting, valuable data, and context that supports decisions […]
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Japan’s 10-year government bond (JGB) yields reached levels not seen since 2008, triggering a scenario that pressures Bitcoin through spot depth and order-book mechanics rather than direct correlation. The long-end selloff in Japanese government bonds pushes domestic yields higher, reducing the incentive for Japan’s institutional investors to seek returns in foreign markets. Life insurers have […]
The post JGB 17-year yield spike tests Bitcoin at $123k; is risk off back? appeared first on CryptoSlate.
Square launched Square Bitcoin, letting merchants accept BTC with zero fees, auto-convert sales, and manage holdings in one platform.
The post Square launches integrated Bitcoin payments and wallet for merchants appeared first on Crypto Briefing.
Bitcoin’s brief pullback from its all-time high has not altered the bullish longer-term view, but bulls will have to swiftly push the price above $126,200 to retain the advantage.
Both Hyperliquid’s announcement and Monad’s recent posts suggest that an airdrop may be imminent.
With more than a year until US elections to determine control of Congress, a new poll suggested some crypto-minded Democratic voters could be swayed to vote Republican.
Analyst Jesse from Apex Crypto Consulting says XRP could play an important role in a global financial system that connects central banks through real-time settlement. XRP and the Global RTGS Network Jesse referred to a document from the Hyperledger Foundation that showed the XRP Ledger as the “global RTGS,” or Real-Time Gross Settlement system. RTGS …
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum price has bled hard after facing a strong rejection around the $4,700 level. In the last 24 hours, Ethereum attempted multiple times to break above the resistance channel but failed to meet buyers’ demand. This resulted in over $90 million in liquidations; however, the ETH chart pattern shows positive sentiment along with promising on-chain …
Bitcoin’s next leg higher sits inside a broader “everything, everywhere, all at once” bull market that echoes the 1950s more than the 1990s—and the underlying engine is fiat debasement that will continue to funnel monetary premiums into neutral reserve assets such as Bitcoin and gold. That is the core of veteran macro analyst and investor Mel Mattison’s thesis in a wide-ranging interview on Milk Road Macro published Monday, October 7. Mattison, a former fintech executive with 25+ years in finance, argues that investors are misreading the cycle by citing relationships from the 1970s and 1980s instead of the earlier regimes that rhyme more closely with today. “I actually think the most similar decade is the 50s,” he said, noting that the S&P 500’s average annual return then “was over 19%,” outpacing the 1990s. He described 2024–2025 as an “everything everywhere all at once rally… bonds, stocks, gold, Bitcoin, real estate,” driven by a multi-decade interest-rate cycle and a global “debasement trade” that has finally gone mainstream. “The scariest thing to me right now is that Morgan Stanley and Goldman Sachs are saying the same thing that I was a year ago.” Bitcoin And Gold To Dominate The Debasement Era Within that framework, Bitcoin plays the role of digital gold—one of two “neutral reserve assets” poised, in Mattison’s view, to absorb more monetary premium as the fiat system adapts to rising debt loads and geopolitical realignment. He framed the moment as a “gold war, not a cold war,” pointing to the steady build-up of official gold reserves and alternative settlement rails. Related Reading: Bitcoin Will Not Crash: Jeff Park Rejects Paul Tudor Jones’ 1999 Comparison “People do not understand… this is just getting started,” he said of the bull market in both gold and Bitcoin. While he sees gold as temporarily stretched near-term, he reiterated a long-horizon target in line with arguments from other macro commentators: “Do I think [gold is] going to $20,000 in the next 10 to 15 years? Yes, absolutely.” Bitcoin, he suggested, shares in that secular bid as the programmable counterpart: “Bitcoin I see as digital gold and that’s being accepted.” Mattison’s supercycle call rests heavily on policy architecture. He contends that markets are underpricing the US Federal Reserve’s statutory mandate to maintain “moderate long-term interest rates,” alongside price stability and maximum employment. “Under the statute, the FOMC has three distinct mandates… unemployment, price stability, and making sure that long-term interest rates are moderate,” he said, criticizing the idea that the third leg is secondary. In practice, he expects this to pull policymakers toward yield-curve control (YCC)–style interventions if needed to cap long-tenor yields and stabilize debt service. “There’s no way that they can let interest rates get out of hand,” he argued, adding that the Fed could halt quantitative tightening and significantly expand its balance sheet without necessarily reigniting 2021–2022-style inflation. “The Federal Reserve could… easily take [its balance sheet] to $20 trillion in the next decade without creating massive inflation,” he claimed, emphasizing that money-supply growth and velocity, not the level of public debt per se, drive sustained price pressure. That policy trajectory, in his telling, is inherently supportive of assets with monetary characteristics. He dismissed recurring fears over foreign selling of Treasuries: “When people talk about… China or Japan [selling], there’s no threat from that,” he said, arguing that domestic absorption—by banks, mutual funds, stablecoin balance sheets, or the Fed itself—can readily backstop issuance. Related Reading: Bitcoin STH Whale Profits Hit $10.1 Billion, Highest For The Cycle He called interest payments “stimulus,” preferring they recycle to US holders rather than abroad. In this setting, he believes index-heavy exposure will underperform active positioning in the new winners: “To me the big alpha is… in gold and bitcoin,” with emerging markets also benefiting from easier global financial conditions if YCC or related measures anchor US duration. Markets Can Go Much Higher For Longer Mattison’s historical lens also shapes his risk calendar. He likens the current mix of post-pandemic fiscal-monetary coordination and geopolitical fault lines to the period spanning World War II, the Marshall Plan, and the Korean War. He expects the rally to broaden beyond mega-cap tech as artificial intelligence redistributes value away from traditional SaaS moats, but he also flags a latent social-cohesion shock—an eventual phase when “not only do you want to reduce, you want to just get out of risk… even gold.” The timing, he said, is not imminent: “I honestly think that’s at least 12 to 24 months away at a minimum and possibly longer.” Until then, he urges investors not to underestimate how far markets—and Bitcoin—can run in a true bubble phase. “If you’ve never lived through [the late 1920s or late 1990s], you don’t understand what the markets can actually do,” he said. “In a bubble environment, which I think we’re heading into, it can go a lot higher and a lot quicker.” Why This Could Be the Biggest Bull Run Since the 1950s w/ @MelMattison1 Want to know how we survive $34T of U.S. debt? Mel makes the contrarian case for why debt isn’t the problem… and why interest payments could actually stimulate the economy. Tune in to know more ⏱ TIME… pic.twitter.com/TqZML1j9TZ — Milk Road Macro (@MilkRoadMacro) October 7, 2025 For Bitcoin specifically, the implication is straightforward in Mattison’s model: as long as the policy mix trends toward looser effective financial conditions to manage public debt and geopolitical competition channels settlement into neutral assets, BTC accrues monetary premium alongside gold. Near term he anticipates volatility—“very short term [gold is] due for… a rest,” he noted, implying risk for correlated trades—but the secular path, he insists, remains higher. “I’m not saying this time is different,” he said. “I’m actually saying this time is like all the other times”—just not within the living memory of most investors. At press time, BTC traded at $122,451. Featured image created with DALL.E, chart from TradingView.com
Bitcoin has reached a new all-time high above $125,000, but market history shows this is only the first stage. After each Bitcoin rally, investors often move profits into other digital assets. This shift in liquidity can trigger strong gains for select altcoins. Here are five that analysts are keeping an eye on: Cardano (ADA): Institutional …
Stablecoins are no longer just a bridge between crypto and fiat — they are becoming the rails of global commerce, writes Nonco CEO Fernando Martinez.
Sorare's shift to Solana could accelerate user growth and innovation, leveraging Solana's robust infrastructure for enhanced gaming experiences.
The post Sorare moves to Solana blockchain appeared first on Crypto Briefing.
The Fiserv-powered U.S. dollar stablecoin will be available to local banks and credit unions, joining crypto experiments by U.S. states.
Achieving its 10,000 BTC target by 2025 would push DDC into the top tier of publicly listed bitcoin treasuries.
DeFi protocols can rival or surpass traditional financial security standards and introduce frameworks to better assess risks in real-world asset applications for smarter capital allocation, says Cicada Partners Co-Founder Christian Lantzsch.
Despite XRP’s dip below $3, strong whale accumulation, ETF optimism and bullish technicals suggest a rebound is brewing.
Crypto expert BarriC has shared a bold view about the future of the XRP price. He believes that it could rise to $1,000 or even higher if it reaches full global use by banks and financial institutions. BarriC says the world has never seen what happens when a digital asset is used on a massive scale by traditional finance. According to him, this level of use could set XRP apart from all other cryptocurrencies. XRP Price Poised For Historic Gains Amid Global Bank Adoption BarriC predicts that the XRP price has the potential to reach record-breaking levels once banks and financial firms worldwide begin to adopt the cryptocurrency on a daily basis. If banks move money through XRP on a daily, weekly, and monthly basis, the amount of value flowing through the network could be substantial. BarriC believes this could be in the range of millions, billions, or even trillions of dollars over time. Related Reading: Pundit Predicts Potential XRP Price Rally From $3-$1,000 As It Replicates This Move From 2017-2018 He explains that no other cryptocurrency has reached this level of real-world use before, which makes XRP’s case very different from past market cycles. BarriC says that when global financial institutions begin using XRP for regular transactions, it will no longer behave like most digital assets. It could then become a key part of how money moves worldwide, and such growth could naturally lead to XRP prices that surpass what the market has seen before. BarriC’s analysis suggests that the real turning point could come from trust and utility in XRP. As more institutions rely on the network for fast and inexpensive transfers, confidence in the asset is likely to grow significantly. The demand would likely reduce selling pressure and increase the token’s value over time, which, according to BarriC, is when XRP could start to climb toward its predicted $1,000 mark. XRP Breaking The Traditional Cycle And Entering Uncharted Territory BarriC also believes that XRP will eventually diverge from Bitcoin’s typical four-year market cycle. He says XRP could move in its own direction once banks widely use it. In his view, the cryptocurrency would no longer need to follow Bitcoin’s ups and downs because it would have its own strong use case. This independence could allow the price to move much higher and stay stable even when other coins face downturns. Related Reading: Cardano Price To Hit $7.82 This Bull Run — Analyst Says It’s ‘On Track To Meet Targets’ He describes this possible phase as “uncharted territory” for XRP, as it would be the first time a cryptocurrency reaches that level of adoption and the network becomes a significant part of the global payment system. BarriC expects that once this shift happens, XRP could rise far beyond previous highs, possibly reaching $100, $1,000, or more. The overall analysis by BarriC paints a very hopeful picture for the XRP price. The digital asset may become one of the most valuable cryptocurrencies on the market if the $ 1,000 price prediction comes to fruition. Featured image created with Getty Images, chart from Tradingview.com
John Smedley, the man behind EverQuest, H1Z1, and PlanetSide, has debuted his crypto shooter into an alpha playtesting phase.
North Dakota's stablecoin initiative could accelerate blockchain adoption in state banking, influencing future digital currency regulations.
The post North Dakota plans to launch USD-backed Roughrider Coin in 2026 appeared first on Crypto Briefing.
The U.S. Senate confirmed Jonathan McKernan, who has been critical of crypto debanking, to a top position at the Treasury Department.
MetaMask also unveiled a rewards system.
Square’s new Bitcoin service lets US merchants accept BTC at checkout, hold it in a built-in wallet and get zero fees on transactions.
The Roughrider stablecoin will leverage the FIUSD digital asset platform and should eventually be interoperable with other coins.
Also: Ethereum Fusaka Upgrade on Holesky, DoubleZero Goes Live and Bee Maps Raises $42M.
Binance co-founder Changpeng Zhao's family office is setting aside $1 billion for long-term builders on BNB Chain.