Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Cathie Wood, CEO of ARK Invest, continues to project strong growth for Bitcoin (BTC), highlighting its resilience and superior performance versus gold in risk-on market conditions. She attributes Bitcoin’s rising institutional interest to its robustness and the recent regulatory clarity in the US, which she believes will drive broader crypto adoption. Wood also points to key market players, including Circle, Coinbase, Robinhood, and SoFi, as contributors to the ecosystem’s maturation. Latest analysis underlines ARK Invest’s bullish projection of Bitcoin potentially reaching $710,000 by 2030, suggesting momentum will increase as more institutions add BTC to their holdings. At the same time, attention is drawn to the challenge of BTC affordability for retail investors, bringing presale tokens like Bitcoin Hyper (a Bitcoin Layer 2 solution), Snorter Token (a security-driven memecoin), and Best Wallet Token (fueling a multi-chain Web3 wallet and DEX) into focus. These projects, noted for features such as staking rewards, airdrops, and technological innovation, are gaining traction among risk-tolerant investors in the current market climate. The news indicates a new wave of risk appetite among crypto traders, with increased interest both in established cryptocurrencies and innovative presale altcoins. While the environment appears favorable for short-term gains in emerging tokens, the volatile nature of the crypto market underscores the importance of due diligence before investing.

Hong Kong has introduced a stringent stablecoin regulatory framework, requiring that only licensed issuers can sell or market fiat-backed stablecoins to the public. The Stablecoin Ordinance, effective August 1, 2025, sets out detailed compliance measures for issuers, including robust asset management, segregation of customer funds, and mandatory one-day redemption for user withdrawals. The new rules also extend to parties, including overseas entities, that actively advertise or promote stablecoin-related activities to Hong Kong residents, even if they do not directly conduct the regulated sale. Any such entity must apply for a local crypto license. The initiative is part of Hong Kong’s broader strategy to regulate digital assets, strengthen investor protection, and align with international standards like the EU’s MiCA. This regulatory clarity is expected to boost transparency, attract global fintech projects, and foster greater trust in the stablecoin market, while impacting major stablecoins such as Tether (USDT). Crypto traders and issuers targeting the Hong Kong market should closely follow these developments, as compliance demands and enhanced security may drive institutional participation and influence trading strategies both locally and globally.

A major Solana (SOL) whale has significantly reduced their holdings over the past two months, redeeming a total of 175,062 SOL valued at approximately $25.16 million. Most recently, the whale unstaked 50,017 SOL and transferred 50,000 SOL directly to Binance. This activity follows a four-year staking period, suggesting a shift in portfolio strategy. Despite ongoing large-scale redemptions and exchange transfers, the whale still controls 1,126,767 SOL, worth about $168.44 million. Large withdrawals and deposits to exchanges like Binance by major holders are noteworthy for crypto traders, as they can signal increased selling pressure, higher volatility, and potential downward movement in the SOL price. Traders are advised to closely monitor SOL liquidity, whale wallet activity, and trading volumes as these developments could impact short- to mid-term price dynamics in the Solana market.

The Ethereum Pectra upgrade has sparked extensive discussion within the crypto community, with initial concerns over potential security vulnerabilities countered by subsequent positive developments. Launched to boost scalability, security, and user experience through protocol and EVM enhancements, the upgrade was successfully deployed on Ethereum’s mainnet. Early reactions included debate around the possibility of new vulnerabilities and the impact on DeFi and NFT activity, raising questions about Ethereum’s development decisions. However, post-upgrade data reveals notable improvements: transaction volumes remain stable, network efficiency has increased with reduced gas fees and faster processing, and no major security issues have been reported. Developer participation and DeFi total value locked (TVL) have either sustained or grown, reflecting market confidence. Additionally, innovations in crypto security, such as new hardware and mobile wallet products, provide further reassurance for users seeking self-custody. For crypto traders, these developments suggest cautious optimism, with a focus on monitoring on-chain metrics and ecosystem growth. Short-term volatility and shifts in trading strategies are possible, but the long-term outlook for Ethereum appears robust following the Pectra upgrade.

Bitcoin (BTC) is at a crucial support level near $106,000, with traders injecting $260 million in liquidity to defend this price point. Failure to hold could intensify selling pressure, potentially triggering declines towards $103,000 or even $97,750, as notably flagged by analysts. The market’s subdued trading volume and economic uncertainty underscore Bitcoin’s ongoing role as ‘digital gold,’ a sentiment echoed by historical comparisons to 1970s gold price behavior. If support holds, BTC could resume its push towards all-time highs, while breakdowns may accelerate bearish trends. Meanwhile, meme coin FloppyPepe (FPPE) is attracting significant interest due to its AI-driven utilities, deflationary tokenomics, and active community engagement. Priced at $0.00000035 in presale with over $2 million raised, FPPE features token burns, staking rewards, and is aiming for listings on major exchanges. Its viral marketing and low-risk profile are positioning it as a potential outperformer in the next altcoin cycle. Overall, while Bitcoin’s price action remains pivotal for the broader crypto market, rising speculative demand for meme coins like FPPE is shaping trader sentiment and altcoin market dynamics.

Mutuum Finance (MUTM) has rapidly gained attention within the crypto trading community due to its robust decentralized finance (DeFi) solutions, active ecosystem growth, and a strong development roadmap. Recent coverage highlights that MUTM recently completed a security audit by CertiK, a highly regarded blockchain security firm. This certification further distinguishes MUTM as one of the safest DeFi tokens available and reinforces investor confidence. Analysts note that in addition to its innovative features and rising user adoption, this commitment to transparency and high security standards sets Mutuum Finance apart from many other projects seeking rapid expansion without adequate risk controls. Comparing favorably to established players like Cardano (ADA), MUTM is seen as an emerging contender with significant growth potential. Projections indicate the token could see a 50× price increase, though the coverage remains cautious about future guarantees. Overall, Mutuum Finance’s evolution and its CertiK-audited, low-risk profile make it an attractive choice for DeFi traders seeking strong returns and a safer investment amidst market volatility.

Michigan lawmakers have introduced four major cryptocurrency bills signaling a significant shift in the state’s approach to digital assets. The proposed legislation includes a ban on the use and promotion of a U.S. central bank digital currency (CBDC), aligning Michigan with broader anti-CBDC sentiment at the national level. Another bill permits the state treasurer to invest public retirement funds in digital assets, strictly limiting these investments to cryptocurrencies with an average market capitalization above $250 billion, such as Bitcoin. These investments must be made through exchange-traded products issued by regulated companies. Additional measures aim to boost the state’s Bitcoin mining industry by allowing the revitalization of abandoned oil and gas wells for mining operations and establishing tax rules for related income, particularly for environmentally responsible mining activities. The bills also prohibit the state from banning ownership of digital assets, denying licenses, or restricting blockchain node operations and staking. If enacted, these pro-crypto policies could make Michigan a leader in institutional adoption, foster local innovation, and influence crypto regulation trends nationwide. Crypto traders should watch Michigan’s legislative progress for potential impacts on market sentiment, regional adoption, and institutional demand for major cryptocurrencies.

Crypto analysts are forecasting a strong bullish trend for Ethereum (ETH), with price targets ranging from $15,000 to $25,000 as network activity and development heat up. A prominent analyst suggests ETH could reach these highs before facing a notable correction. At the same time, attention is growing around FloppyPepe (FPPE), a meme-themed altcoin priced at $0.00000035. FPPE is gaining traction due to its deflationary tokenomics, AI-powered content features, and a charitable focus that allocates transaction fees toward wildlife protection and other rewards. The presale, offering an 80% bonus, has raised significant capital, with plans for major listings and influencer campaigns. Both the excitement around potential outsized returns from new projects like FPPE and the bullish Ethereum outlook suggest increased risk appetite and heightened volatility in the altcoin market. However, traders are cautioned that such high-return opportunities are speculative, and past performance does not guarantee future results.

A growing number of public companies are raising capital—including through leveraged financing—to accumulate Bitcoin on their balance sheets. Recent sharp declines in stocks like MicroStrategy, Semler Scientific, and Metaplanet highlight the potential hazards, with stock prices dropping significantly more than Bitcoin itself during market downturns. The practice often involves using investor funds and debt to buy additional Bitcoin, but poses key risks: extreme crypto volatility, potential losses for shareholders, and systemic threats to market stability if market value falls below net asset value (mNAV). Historical incidents, such as MicroStrategy’s leveraged Bitcoin purchases and the detachment of the Grayscale Bitcoin Trust (GBTC) price from its underlying asset value, illustrate how these strategies can worsen losses and trigger broader crypto market turmoil. While some argue firms could mitigate risk by selling Bitcoin or buying back shares, critics warn this might amplify long-term dangers. Financial regulators are now being urged to monitor these developments closely, as more public companies adopting leveraged Bitcoin strategies could set risky precedents. Crypto traders should track corporate valuations versus net asset value and be alert to how these firms deal with financial stress, given potential knock-on effects for Bitcoin price and overall crypto market sentiment.

US and European stock markets showed minimal reaction after former President Donald Trump threatened a 50% tariff on European Union imports, with many analysts viewing it as a negotiation tactic rather than imminent policy. Economists estimate any actual tariff would likely be much lower, but warn that such measures could harm both the US and EU economies—potentially reducing Germany’s GDP by 1.7% and costing US consumers over $180 billion. The EU has prepared retaliatory measures targeting US goods and possibly technology. Notably, renowned economist Peter Schiff accused Trump’s tariff threat of being ’market manipulation’, highlighting that such political moves can drive market volatility and increase uncertainty for investors. Schiff’s remarks come as the financial sector faces job cuts and fiscal instability, further heightening sensitivity to external risks. Crypto traders should closely track these developments, as intensifying global trade tensions between the US and EU could trigger ripple effects across financial markets, specifically affecting Bitcoin prices and broader cryptocurrency market behavior through increased volatility, delayed interest rate cuts, and inflation concerns.

Shiba Inu (SHIB) is currently facing significant bearish pressure, with around 65% of holders experiencing losses and its price down 87% from its all-time high in 2021, including a 60% drop over the past year. Despite this, recent blockchain data from IntoTheBlock reveals that over 79% of SHIB’s total supply is held by long-term investors—more than 1.13 million wallets have held their tokens for over a year, controlling about 787.39 trillion SHIB, highlighting sustained investor confidence. SHIB has seen a 3.92% price gain in the last 24 hours and 16.16% over 30 days, but its value remains almost 40% lower year-to-date. Transaction volume spikes suggest active whale movement, possibly indicating sell-offs or renewed investor interest that could precede a recovery. While the current sentiment is bearish and prices are at 2024 lows, many analysts maintain an optimistic outlook, predicting a potential 500% gain if SHIB returns to previous bull market highs. For crypto traders, the substantial long-term hold rate signals reduced short-term selling pressure and could help stabilize SHIB’s price, positioning it for future rallies if market sentiment turns bullish.

Crypto analysts are highlighting Solana (SOL), SEI Network (SEI), and XRP as top candidates for a significant market breakout in mid-May 2025. The latest updates underline robust developments and positive regulatory conditions as primary drivers. Solana remains in the spotlight due to its ongoing DeFi ecosystem expansion, exemplified by Fragmetric’s total value locked (TVL) exceeding $200 million. Despite recent security incidents like the Loopscale exploit, strong recovery efforts and network upgrades have sustained investor confidence. SEI Network is considering a full transition to EVM compatibility to attract more developers and users, resulting in a 7%+ daily surge and a break above key resistance, reinforcing its promise as a Layer 1 blockchain for 2025. XRP has gained 8.5% in 24 hours, now trading at $2.39, fueled by over $2 billion in recent whale accumulation, ETF optimism, and improved clarity in US regulatory policies. Technical support at $2.30 and recovery above important moving averages are also noted. Additionally, MAGACOINFINANCE (MAGA), an emerging altcoin project, is garnering early-stage attention due to its decentralization, transparency focus, and contract audit completion, though its relevance is secondary compared to the major tokens outlined. For crypto traders, the convergence of ecosystem upgrades, institutional interest, and regulatory advances positions SOL, SEI, and XRP as leading opportunities for mid-May 2025, with potential for significant price action.

Ethereum (ETH), Bitcoin (BTC), and dogwifhat (WIF) are seeing renewed interest from crypto traders as macroeconomic pressures subside, shifting market focus towards technical analysis and trading opportunities. Earlier reports highlighted Ethereum’s price surge, buoyed by improved sentiment and easing global economic tensions, while WIF, a memecoin on the Solana (SOL) blockchain, surpassed $1.2 billion in market cap, reflecting rising appetite for alternative digital assets. The latest updates provide deeper technical insights: WIF could rally towards $1.32, with an attractive entry zone above $0.82 amid high volatility, though traders are advised to remain patient. Ethereum has reclaimed the $2,600 level, holding above $2,400 during recent dips; key zones to watch include consolidation below $2,400 for potential buy-ins and a $2,700 breakout for renewed market momentum. Bitcoin trades steadily near $103,500 after a peak at $104,466; the daily Fair Value Gap (FVG) suggests ongoing bullishness as long as current levels hold, with an eye on $105,800 for a potential surge towards $120,000. These overlapping events and technical indicators point to an overall bullish mood and increased trading opportunities in the crypto market, especially for major assets and prominent memecoins, amid stabilizing economic conditions.

Recent on-chain analysis reveals a clear divergence in network growth among major cryptocurrencies. Bitcoin is experiencing robust network adoption, with an average of 309,000 new wallet addresses created per day over the past month, far outpacing Ethereum’s 112,000 and Tether’s (USDT) 36,400. Ripple’s XRP lags significantly, seeing just 3,500 daily new wallets. This signals a surge in user interest and potential long-term bullishness for Bitcoin, as sustained address growth serves as a fundamental indicator of user adoption and future market liquidity. In contrast, XRP’s sharp drop in wallet creation reflects waning retail interest, a reversal from December 2024 when it saw a surge past 20,000 daily addresses during a price rally. Recently, XRP has dropped over 5% in price and is trading below $2.5 after being rejected at $2.7, underscoring short-term uncertainty. While these network fundamentals typically influence price trends over the longer term, traders should monitor address growth and key support levels, particularly for Bitcoin and XRP. The momentum in Bitcoin’s network expansion could lay the groundwork for future rallies, while continued stagnation in Ethereum and XRP may limit their immediate price upside. Overall, these metrics provide essential context for evaluating market sentiment and asset strength.

Illegal crypto mining activities in Russia—particularly in the Dagestan region—have surged, prompting a significant regulatory crackdown due to escalating electricity theft and grid pressure. Russian power provider Rosseti and its Dagestan subsidiary have implemented advanced methods to detect unauthorized mining, such as internet disconnections that revealed significant hidden mining activity. Reported electricity theft linked to illicit and semi-legal mining operations has doubled in 2024, with more than $5 million in stolen power over the past three years and 35 legal cases recently filed across several villages. Despite a winter ban on crypto mining until 2031, Dagestan’s low energy costs continue to attract miners who exploit residential electricity subsidies. Authorities are now considering broader, year-round mining bans for more regions and the introduction of criminal penalties, as existing fines do little to deter violators. These increased enforcement measures and potential regulatory changes could lead to significant shifts in mining profitability and hash rate allocation in the Russian crypto mining sector, introducing new legal and operational risks for miners and impacting broader network dynamics.

Bitcoin (BTC) recently experienced a modest rise, buoyed by institutional demand—particularly through spot Bitcoin ETFs—before undergoing a price retreat that reflected growing market uncertainty. A major development emerged as tech giant Nvidia reportedly considers adding Bitcoin to its corporate treasury, signaling a possible new wave of institutional adoption. This potential move by Nvidia could drive renewed upside for BTC should it materialize. In contrast, Solana (SOL) saw both daily and weekly declines but demonstrated resilience by identifying and promptly resolving a critical zero-day vulnerability. This security fix has bolstered investor confidence and improved Solana’s risk profile. Market sentiment remains cautious overall, with traders closely monitoring institutional interest—especially major corporate moves like Nvidia’s, as well as protocol security responses to threats. Key themes include institutional adoption trends, regulatory oversight, and blockchain network security. For crypto traders, Bitcoin’s volatility, Nvidia’s potential corporate buy-in, and Solana’s proactive security measures are all important signals for near-term market action.

Institutional interest in cryptocurrency ETFs is shifting toward Cardano (ADA), especially following Grayscale’s recent spot Cardano ETF filing with the SEC. Cardano’s environmentally friendly proof-of-stake protocol and sustainability initiatives—such as the Cardano Forest and partnerships with organizations like the SEE Institute—continue to strengthen its ESG credentials and appeal to institutional investors. Products like the 21Shares Cardano ETP further broaden regulated exposure to ADA for traders focused on green investments. Simultaneously, Lightchain AI has gained significant traction in the altcoin sector. The project raised over $19.6 million in its presale at a price of $0.007125 per token. Lightchain AI leverages a federated learning system to enable collaborative AI training with data privacy, while an innovative rewards structure encourages ongoing participation from users and developers. Increased community engagement and robust fundraising highlight Lightchain AI’s growing relevance. As the crypto market nears the anticipated 2025 bull run, traders should closely monitor potential ETF-driven inflows into ADA and the escalating competition Lightchain AI brings to altcoins, potentially challenging established names like ADA, BTC, and ETH.

Solana (SOL) is showing positive momentum, climbing over 6% in the past week and approaching the key $169 resistance, as bullish technical patterns—like a potential golden cross, strong RSI, Ichimoku cloud signals, and moving averages—fuel trader optimism. Volume and volatility are rising, and institutional interest is evident through notable SOL movements, suggesting potential for further gains especially if the broader market, led by Bitcoin (BTC), remains supportive. Pi Network (PI), by contrast, has stagnated near $0.63, suffering from weak trading volume and a lack of bullish momentum after a significant price decline from earlier highs above $4. Technical indicators remain negative or neutral, and investor sentiment is subdued. Dragoin (DDGN), a new presale project, draws attention with transparent tokenomics, a 6,700% potential return (from $0.0000335 to $0.002), smart contract audits, and immediate utility via a Telegram-based game in beta. Token allocation is clear, prioritizing presale buyers and incorporating team vesting schedules for security. For traders, Solana is technically bullish in the short term, Pi Coin lacks direction, and Dragoin offers a speculative high-return opportunity but carries typical presale risks. Ongoing monitoring of leading assets like BTC is advised.

Brazil is contemplating the integration of Bitcoin into its sovereign reserves, potentially allocating up to 5% of its total reserves, valued at approximately $18.3 billion. This proposal is led by Pedro Giocondo Guerra, the chief of staff to Brazil’s Vice-President, as a hedging strategy against inflation and economic vulnerabilities, distinguishing Bitcoin from other cryptocurrencies and Brazil’s digital currency, Drex. A legislative bill under consideration would enable the Central Bank and National Treasury to hold Bitcoin, fostering discussions on democratizing monetary authority. Despite the volatility concerns, government support is strong, and future proposals will outline governance frameworks for custody and strategic positioning. This initiative positions Brazil as a potential major economy embracing Bitcoin, although with inherent risks due to volatility.

The recent stability in Bitcoin’s price, despite expectations of significant market movements, demonstrates increased investor confidence and market maturity. Analysts attribute this calm to clearer macroeconomic conditions, regulatory developments, and the strategic participation of institutional investors. These factors have encouraged a more sophisticated trading approach, with investors holding onto their positions rather than engaging in panic selling. This maturation is marked by a shift towards viewing Bitcoin as a reliable asset, paving the way for more advanced trading strategies and potentially reduced volatility in the future.

Binance is transitioning from a regulatory averse entity to a strategic policy advisor for governments worldwide. The new CEO, Richard Teng, revealed that numerous governments and sovereign wealth funds have approached Binance for guidance on establishing crypto reserves. Recognizing this, Binance now dedicates 25% of its workforce to compliance to underscore its commitment to regulation. Additionally, the company is contemplating creating a global headquarters, departing from its previous non-national operational model. Despite these advancements, Binance faces legal challenges in Spain and France, indicating persistent regulatory scrutiny. In response to tension with US authorities, Binance is engaging with the US Treasury while being under a five-year surveillance program by FinCEN. Furthermore, co-founder Changpeng Zhao is expanding influence by advising on blockchain policies in Pakistan. This shift in Binace’s operations signifies a substantial change in its corporate strategy and a potential impact on global crypto regulations.

The cryptocurrency market is experiencing volatility under the influence of former U.S. President Donald Trump, with analysis indicating potential value surges in assets like Bitcoin. Political risks, such as Trump’s policy shifts and the dramatic rise in U.S. debt over $36 trillion, contribute to a volatile environment, dubbed a ’monkey market’. Trump’s friendly regulatory approach contrasts with potential instability, driving attention to decentralized assets like Bitcoin. Market dynamics are shifting from venture capital to key opinion leaders, emphasizing observation for traders. Institutional interests are rising, searching for stable returns, with a focus on instruments offering 6%-12% yields. For individual traders, rapid adaptation and strategic risk management, such as engaging in DeFi projects or the Solana ecosystem, are crucial. The report suggests examining Solana, Ethereum, and real-world asset finance for opportunities, while noting a trend towards short-term trading and cautious strategies.

The articles focus on the strategic accumulation of Uniswap (UNI), Raydium (RAY), and CATZILLA tokens by savvy investors in anticipation of significant market movements. Initially, the focus was on UNI, DOT, and INJ, highlighting their strong positioning and potential future growth, with CATZILLA introduced in the meme coin space. In the updated analysis, investors are accumulating UNI, RAY, and CATZILLA, predicting substantial profits based on the tokens’ fundamental strengths and market trends. This accumulation strategy indicates growing interest and may lead to a potential price surge as market sentiment improves, positioning these tokens for favorable market cycles.

The recent Bitcoin market developments reveal a complex interplay between institutional interest and FED monetary policy. Initially, analysts noted a growing institutional participation, with financial entities increasingly viewing Bitcoin as a strategic asset, leading to a prolonged bull trend. However, recent analyses suggest the bull market is still in its nascent stages, primarily driven by the potential adoption of Spot Bitcoin ETFs. The impact of the Federal Reserve’s monetary stance, particularly quantitative easing and rate cuts, is highlighted as crucial for igniting a genuine bull run. Analyst MartyParty emphasizes the current market downturn could present a prime accumulation opportunity, despite the bearish sentiment, warning of possible rapid reversals if market conditions change. Investors are advised to watch the upcoming Federal Open Market Committee meeting for potential policy shifts that could dramatically affect the market.

Recent investor sentiment shows a move away from meme coins like Shiba Inu and PEPE towards Rexas Finance (RXS), driven by its potential for real-world asset tokenization. Shiba Inu has experienced a 10.37% market decline, struggling to meet its price target. Meanwhile, Rexas Finance is gaining traction with its innovative use of Real World Assets (RWAs) and its substantial presale success, leading to a potential growth increase of 21,305%. Rexas Finance, currently priced at $0.20, has achieved significant funding through presales and is preparing for mainstream acceptance with upcoming top-tier exchange listings. The completion of a CertiK audit has enhanced investor confidence, indicating its potential longevity and growth in the crypto market. This shift in investor interest highlights the dynamic nature of the cryptocurrency market, where innovation and strategic token economics attract more attention.

Frog-themed meme coins are experiencing a notable surge in interest within the cryptocurrency market. The trio of Pepe Unchained, Wall Street Pepe, and Pepeto has emerged as significant players. Pepe Unchained has harnessed Layer 2 technology for scalable transactions, leading to a 10x price surge post-listing. Meanwhile, Wall Street Pepe’s presale was fully subscribed, aiming to foster a trading community tailored for retail investors, with its full launch expected in February. Pepeto, currently in presale, draws attention with its low entry price, exclusive exchange privileges for token holders, and pioneering cross-chain technology. The speculation regarding Pepeto’s ties to a former Pepe founder further fuels its popularity. The renewed interest in these meme coins parallels the rise of prior trends like dog-themed tokens, with factors such as political influences and endorsements from celebrities like Trump and Musk adding to their appeal. The technological innovations and narratives behind these projects are engaging investors, hinting at a potential growth trajectory reminiscent of previous meme coin phenomena.

Cardano founder Charles Hoskinson has expressed criticism towards Wyoming’s state-backed stablecoin initiative, highlighting transparency concerns, especially due to undisclosed ’freeze-and-seize’ capabilities. He argues that the exclusion of Cardano and other blockchain platforms was unfair, questioning the viability and competitiveness of Wyoming’s stablecoin against established entities like Tether and Circle, given the state’s resource constraints. Hoskinson is alarmed by potential economic and privacy issues, and advocates for a more transparent procurement process that could have leveled the playing field and potentially benefited Cardano. In response to these issues, Hoskinson aims to establish the Wyoming Integrity PAC to promote transparency and fairness in government processes, emphasizing ethical innovation and open decision-making.

Former SEC Chair Gary Gensler has rejoined the Massachusetts Institute of Technology (MIT) as a professor, focusing on artificial intelligence (AI), financial technology, and regulatory policies. Leading a project at MIT CSAIL on AI applications in finance, his return has stirred controversy in the crypto sector. Notably, Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, criticized MIT for maintaining ties with Gensler. Due to Gensler’s strict regulatory actions against crypto firms like in the 2023 Gemini ’Gemini Earn’ securities case, Winklevoss announced Gemini would not hire MIT graduates as long as Gensler is affiliated. This highlights ongoing tensions between regulators and the crypto industry.

In the current Bitcoin bull market, significant price corrections are playing a key role in market dynamics. Experts, including The Block CEO Larry Cermak, emphasize that these corrections, such as the recent 20% adjustment, are crucial for deleveraging and preparing for potential future price increases. Recently, Bitcoin prices dropped to approximately $92,525, then rebounded to about $94,000. These fluctuations remove excess leverage from the market, potentially stabilizing it for the long term. Additionally, despite outflows in Bitcoin spot ETFs, there’s no increasing trend, indicating a possible stabilization during the holiday season. Therefore, these corrections are essential for maintaining long-term market health and offer important considerations for traders regarding market leverage and sustainability as Bitcoin edges closer to the $100,000 milestone.