Bitwise CEO Hunter Horsley announced that the traditional four-year crypto market cycle is no longer valid due to market maturation. He anticipates the bear market phase began in February 2024, though it has been masked by purchases from digital asset and Bitcoin reserve companies. Horsley forecasts a significant and surprising market event to occur in 2026 based on current market indicators.$BNB #binancesuquare
PNC Bank has become the first major U.S. bank to offer direct spot Bitcoin trading to its private bank clients through its own platform, powered by Coinbase’s infrastructure. This service enables eligible clients to buy, hold, and sell Bitcoin seamlessly within PNC’s digital banking environment while maintaining regulatory and risk controls. The move signifies a broader trend among major U.S. banks, like Bank of America, toward integrating Bitcoin exposure within traditional wealth management services.$BTC #BinanceSquareFamily
James Wynn has repeatedly warned of a potential market downturn affecting both cryptocurrencies and stocks, emphasizing wealth preservation. He closed his Bitcoin short position early December, expecting a rebound to $97,000–$103,000, followed by a significant fall. Wynn projects Bitcoin could fall as low as $46,618 despite previous predictions of a drop to $67,000 not fully materializing.$BTC #WriteToEarnUpgrade #BinanceSquare
Ethereum co-founder Vitalik Buterin has proposed a trustless, onchain gas futures market designed to enable users to lock in future transaction fees, providing greater predictability and cost certainty. The concept would allow users such as traders and developers to hedge against sudden spikes in gas fees, functioning similarly to traditional futures markets. Meanwhile, Ethereum is experiencing historically low exchange-held ETH balances, tightening liquid supply and potentially impacting market dynamics.$ETH
The UK Parliament has passed a law officially recognizing digital and crypto assets as a separate third category of property alongside physical goods and contractual claims. This statutory clarity removes previous legal ambiguities in ownership, collateralization, and insolvency related to crypto tokens under English law. The new legal foundation is expected to enhance investor protection, custody arrangements, and systemic stablecoin regulation in the UK.$BTC
Many companies holding Bitcoin on their balance sheets also carry substantial debt, with 39% owing more than their Bitcoin's current value. The October 10 drop in Bitcoin's price caused an average 27% decline in the shares of these companies as investors reacted to leveraged risks rather than just Bitcoin price exposure. This reveals that corporate Bitcoin holdings are complex financial positions where liabilities and debt ratios critically influence investor perception and stock performance.$BTC