Market Updates
CryptoQuant signals the early phase of a Bitcoin bear market as demand weakens, with downside risk toward $70K and potentially $56K next year.
Hyperliquid recorded $430M in weekly outflows, while rivals Lighter and Aster gained traction, intensifying competition in the perp DEX space.
Key Highlights
Arthur Hayes says the Fed’s new RMP liquidity tool is “hidden QE,” expanding fiat supply and favoring scarce assets like Bitcoin.
DraftKings launched a prediction markets app across 38 US states, with plans to introduce crypto-linked contracts via regulated derivatives.
Blockchain Association urges US senators not to extend stablecoin yield bans to platforms, warning it could hurt innovation and competition.
SEC confirms former FTX & Alameda executives face 8–10 year bans from serving as officers or directors.
TRON integrates with Coinbase-backed Base via LayerZero, enabling TRX access on Base DEXs and boosting cross-chain interoperability.
Galaxy forecasts stablecoins could surpass US ACH transaction volume by 2026 as adoption grows and GENIUS Act rules roll out.PLEASE FOLLOW BDV7071
