Renowned trading analyst Peter Brandt says investing in Bitcoin today, will pay off much better in two to three years than buying AI stocks at current prices. Veteran trader Peter Brandt says he has pinpointed the exact day in 2026 when he expects Bitcoin to hit the bottom of this market cycle. “I’ll go out on a limb and say we bottom on October 4th. So we’ll see,” Brandt tells Cointelegraph during an interview for Trade Secrets. Of course, picking the exact day of a market bottom is a tough ask, but the 51-year trading veteran has held firm on his October prediction for Bitcoin’s cycle low for quite some time. Read more
Strategy boosted its cash reserve to $3.225 billion after selling MSTR shares, while investors weighed the value of its STRC preferred stock. Strategy, the world’s largest corporate holder of Bitcoin, is raising fresh capital through sales of its Class A common stock while maintaining its current Bitcoin holdings. Strategy raised $263.5 million through sales of its MSTR common stock under its at-the-market (ATM) program between July 13 and July 19, according to a Form 8-K filed with the US Securities and Exchange Commission on Monday. The company made no Bitcoin purchases or sales during the reporting period, leaving its holdings unchanged at 843,775 BTC, acquired for a total purchase price of $63.69 billion. The average acquisition cost of its holdings is $75,476, according to Strategy’s website. Bitcoin was last trading at roughly $64,657. Read more
Hyperliquid plans to require developers to stake 500,000 HYPE, worth about $30.4 million, to deploy permissionless prediction markets under HIP-4. Hyperliquid plans to introduce permissionless prediction markets by requiring developers to stake 500,000 HYPE tokens (about $30.4 million) to launch them under HIP-4. The proposal introduces a capital threshold and slashing mechanism intended to discourage poorly defined or improperly settled markets In an announcement, Hyperliquid said permissionless deployment will become available on testnet before expanding to mainnet in a future network upgrade. Validators will vote on standard outcome templates that deployers can use to create markets, while each deployer will initially be limited to 100 outcomes. The allocation will be released for reuse when a market is settled. Read more
The new rules establish penalties as much as $1,900 for crypto violations, including unlicensed trading and AML breaches, ahead of Vietnam’s regulated crypto market launch. Vietnam has decreed administrative penalties for use of unlicensed cryptocurrency platforms, adding an enforcement framework to the country’s upcoming regulated market. Decree No. 284/2026/NĐ-CP, issued last Thursday, imposes fines of up to 50 million Vietnamese dong ($1,900) on investors who trade through unlicensed platforms, with fines of up to 200 million dong ($7,700) for unauthorized crypto offerings and serious anti-money laundering (AML) violations. The rules also authorize authorities to suspend crypto-related activities, revoke licenses and confiscate assets. Read more
Zilliqa said exchanges paused ZIL deposits and withdrawals after an exchange partner’s cold wallet was compromised, with the amount stolen still undisclosed. Zilliqa, a layer-1 blockchain network, said it is investigating a security incident involving an exchange partner after ZIL was stolen from a cold wallet. In an X post on Monday, Zilliqa said it had asked exchanges to temporarily pause ZIL deposits and withdrawals as a precaution while it investigates the incident. Zilliqa did not disclose the amount of ZIL stolen, identify the affected exchange partner or explain the possible cause of the incident. “We understand the community will have questions. We will share further updates as soon as we have verified information,” it said. Read more