Ether rallied nearly 5% on Monday, but a true short-term trend reversal hinges on $4,700 flipping back to support. Key takeaways: Ether rallied 5% after a “Monday Trap,” but leverage risk is rising with Binance’s ELR at record highs. $1.65 billion in stablecoin inflows and 208,000 ETH withdrawals show strong accumulation. Read more
Massive stablecoin deposits highlight shifting capital flows on Binance, even as Bitcoin whipsawed below $110,000 amid whale-driven selling and heavy liquidations. Users of the Binance cryptocurrency exchange deposited $1.65 billion in stablecoins, a large inflow often seen as a precursor to renewed demand for spot cryptocurrencies following the recent market sell-off. The deposit coincided with nearly $1 billion in Ether (ETH) withdrawals from Binance, according to onchain analytics provider CryptoQuant. It also marked the second time this month that net stablecoin deposits on the exchange exceeded $1.5 billion, “underscoring a renewed wave of capital entering the spot market,” wrote CryptoQuant’s Amr Taha. Binance, the world’s largest cryptocurrency exchange by trading volume, is closely watched for signs of broader market shifts. On Tuesday, it processed more than $29.5 billion in trades, nearly six times the volume handled by runner-up Bybit, according to CoinMarketCap. Read more
Using Monte Carlo simulations and the 200-week moving average, Diaman Partners estimates Bitcoin's next cycle bottom could range from $60,000 to $80,000 by 2026. It is now clear to most investors, especially those who have survived one or more crypto winters, that Bitcoin moves in cycles of about four years. Many argued until 2022 that Bitcoin would always remain above its previous highs. This happened in 2011, in 2014 and in 2018. In 2022, however, the price of Bitcoin fell, due to the collapse of FTX, to $15,000, below the fateful threshold of $20,000, which was briefly reached, albeit for a few days in December 2017. While everyone is trying to predict what the maximum value of Bitcoin will be in this cycle, which is likely to end in late October 2025, the research department at Diaman Partners has attempted to understand how to estimate what the minimum value of Bitcoin will be in 2026, should the crypto winter materialize in the coming months. Many experts speculate that Bitcoin's cyclical phase is over ...
Numerai, the Paul Tudor Jones–backed hedge fund powered by crowdsourced AI models, has secured a $500 million commitment from JPMorgan. Numerai, an AI-driven hedge fund backed by Paul Tudor Jones, has secured a commitment of up to $500 million from JPMorgan Asset Management — a vast sum that could more than double its assets under management and highlight a growing institutional interest in crypto-friendly money managers. Numerai confirmed Tuesday that the allocation will be deployed over the next year, with returns tied to its crowdsourced trading models built by thousands of data scientists worldwide. Since its inception in 2015, Numerai has expanded its assets under management to roughly $450 million, with most of that growth occurring over the past three years. Read more
Donald Trump Jr. has joined Polymarket’s advisory board as 1789 Capital invests in the platform, tying the prediction market more closely to US politics. Prediction market Polymarket has added Donald Trump Jr. to its advisory board after receiving a strategic investment from 1789 Capital, which describes itself as a politically aligned vehicle backing companies it sees advancing “American exceptionalism.” The companies did not reveal financial terms, but Axios estimated the investment at “double-digit millions of dollars." Trump Jr. became a partner in the fund in 2024. In a Tuesday statement, he said that "Polymarket cuts through media spin and so-called 'expert' opinion by letting people bet on what they actually believe will happen in the world." Read more
$33 trillion in debt matures in 2026. How will Bitcoin respond to macro forces and credit markets that may impact its future as much as halvings once did? Key takeaways: $33 trillion in debt will mature across advanced economies in 2026, forming a refinancing wall that could drain liquidity and weigh on risk-on assets as borrowing costs remain high. Global liquidity is projected to peak in late 2025, historically a precursor to tighter markets. Read more