Bitcoin price faces pressure as investors shift to bonds and gold, and risk aversion raises the chance of BTC falling to $108,000. Key takeaways: Rising demand for government bonds and gold underscores recession fears, limiting Bitcoin’s ability to sustain bullish momentum. Correlation with equities remains high, but structural catalysts like Strategy’s S&P 500 inclusion could shift sentiment. Read more
A company might satisfy the eligibility criteria in terms of metrics, yet still be denied entry to the index due to a committee decision. Here's what crypto companies must do to qualify. Michael Saylor’s Strategy could be the next crypto company to join the S&P 500 stock market index, a benchmark of the 500 biggest US public companies by market capitalization, according to analysts. The company must still clear hurdles before being admitted, however. Market analyst Jeff Walton forecast a 91% chance that Strategy would join the index as the company moves toward meeting all the requirements to be included in the benchmark. According to data from Nasdaq, Strategy has trading volumes of several million shares per day, a market capitalization of over $92 billion at time of writing and positive generally accepted accounting principles (GAAP) net income over the last four quarters of over $5.3 billion. Read more
XRP leverage reset as accumulation signals emerged, and the altcoin’s chart technicals predict a rebound to $4.80 by Q4. Key takeaways: XRP has slipped nearly 20% in 45 days, consolidating within a descending triangle near the $2.70 support. Onchain and futures data show leverage reset and early signs of accumulation, reducing liquidation risks. Read more
The proposed rule changes potentially affecting SEC guidelines on broker-dealers, custody and reporting could allow crypto companies to operate in the US with less oversight. US Securities and Exchange Commission (SEC) Chair Paul Atkins has released a regulatory agenda containing proposed rules that could significantly affect how the agency handles digital assets. In a Thursday notice, the SEC released about 20 proposed rules as part of its spring 2025 agenda. Though each proposal varies in terms of the potential impact on the crypto industry, many suggested that the commission would continue to soften its enforcement approach, establishing safe harbors and restructuring existing regulations to benefit projects. “The agenda covers potential rule proposals related to the offer and sale of crypto assets to help clarify the regulatory framework for crypto assets and provide greater certainty to the market,” said Atkins, adding: “[...] the agenda reflects our withdrawal of a host of items from the last Administr...