Markets

Moon or Doom: What’s Next for Bitcoin and XRP?

In brief Myriad prediction market users currently favor bullish moves for both Bitcoin and XRP. Bitcoin hit a new all-time high over the weekend, and XRP last hit a record price in July. The charts currently lean bearish, but sentiment undoubtedly favors the “moon” scenarios. As “Uptober” nears the midway point, crypto traders are positioning…

Markets

Luxembourg Sovereign Wealth Fund Invests in Bitcoin

In brief Luxembourg became the first European nation to invest in Bitcoin, allocating 1% of its $811 million sovereign wealth fund to BTC ETFs. The approximately $8 million investment marks a shift from the fund’s conservative strategy of bonds and equities to include alternative assets. Treasury director says the allocation “strikes the right balance” while…

Law and Order

Crypto.com Prediction Market Faces Regulatory Setback, But Battle Far From Over

In brief A Nevada judge denied Crypto.com’s injunction request to block state gaming regulations, contradicting an earlier ruling favoring Kalshi. The judge ruled Crypto.com’s sports contracts don’t qualify as “swaps” under federal law based on “outcome” versus “occurrence” distinctions. A legal expert called the ruling “completely fanciful” and predicts it will be overturned on appeal.…

Coins

What the ‘Debasement Trade’ Means for Bitcoin

In brief Bitcoin’s “debasement trade” narrative echoes gold’s historical role as a hedge against currency dilution. Some observers say Bitcoin still trades more like a high-risk asset than a haven. Others argue that could change as gold grows more expensive and trust in fiat erodes. Bitcoin’s latest price movements are reviving an old narrative that…

Markets

Bitcoin Cools as Gold and Stocks Enjoy Fresh All-Time Highs

In brief Bitcoin dipped below $121,400 while the S&P 500, Nasdaq, gold, and silver all hit record highs. BTC has underperformed stocks and precious metals for two months, with gold up 53% versus Bitcoin’s 29% gain in 2025. Fed Chair Powell’s brief remarks offered no economic guidance, leaving traders uncertain about upcoming monetary policy decisions.…

Markets

Why Bitcoin’s Rally Has Room to Run This Month

In brief Realized profits have fallen 50% since July, signaling restrained selling pressure. Long-term holders’ profit margins remain well below overheated cycle levels. Derivatives traders are clustering around $120,000 call options, reinforcing bullish sentiment. Bitcoin’s push to new record highs this week isn’t letting up, with on-chain data and derivatives activity revealing a market built…