Market Movements and Predictions:
Bitcoin is showing signs of a potential rebound, with some analysts tracking a key fair value gap and suggesting it could aim for the $100,000 mark. However, other analyses indicate that the crypto market is currently down due to renewed regulatory pressure, derivative deleveraging, and technical breakdowns, with the global market cap falling.
$ETH price is confirming a bullish reversal pattern, supported by rapidly dropping exchange supply. There's speculation about its potential to reach $5,000, with the $3,000 level being defended.
$XRP is defending a critical support level around $2.17 after significant selling pressure. Analysts are watching for a potential Elliott Wave reversal, with a close above $2.22 being a bullish trigger for further upside.
Notable Events and Developments:
The Solana browser extension 'Crypto Copilot' has been exposed for allegedly diverting user funds.
Everdawn Labs' Omnichain stablecoin USDT0 has surpassed $50 billion in transfers.
Avail has launched its Nexus Mainnet, aiming to unify liquidity across $ETH , solana and EVMs.
Bybit Alpha has launched Liquidity Farm, offering access to DeFi yields.
Uzbekistan has legalized stablecoins for payments and tokenized stocks as part of a major 2026 overhaul.
Europe's largest asset manager has launched a tokenized fund on Ethereum.
A significant Bitcoin transfer of 41.7 BTC, valued at approximately $11.41 million, was made from an anonymous address to Wintermute.
Other News:
Vitalik Buterin has donated 256 ETH to support next-generation encrypted messaging.
Concerns about market manipulation have arisen following a 10-hour halt on CME markets#.
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