Category: crypto

EMJ Capital’s Eric Jackson predicts Bitcoin could reach $50 million per coin by 2041. He believes Bitcoin will transition from digital gold to global collateral for sovereign debt, potentially replacing the Eurodollar system. This shift would require Bitcoin’s value to increase significantly, making it a foundational layer in the financial system.

Google searches for “dollar debasement” have hit record highs in the US due to concerns over USD erosion. The dollar index has fallen to multi-year lows as M2 money supply increases, leading to a shift towards quantitative easing. This has boosted the narrative for Bitcoin and crypto investments.

Canada’s CRA obtained a court order for Dapper Labs to provide data on 2,500 users for a crypto tax investigation. The agency has recovered over C$100 million in unpaid taxes since 2020. Canada will implement the OECD CARF in 2026 and regulators are increasing enforcement actions on platforms like Cryptomus and KuCoin.

Solana has maintained a key support level for 18 months as traders anticipate potential Federal Reserve easing. Technical indicators show bullish signals, with RSI exhaustion and improving MACD structure. The ecosystem is growing, with institutional inflows and rising social buzz. Market indicators suggest a positive setup for price appreciation.

Former QuadrigaCX co-founder Michael Patryn lost $1 million in seized gold, cash, and luxury goods in British Columbia under unexplained wealth order powers. The assets were allegedly misappropriated from QuadrigaCX customer funds before the exchange collapsed in 2019. Patryn did not contest the seizure, and the province may use the assets to compensate creditors.

Harvard increased its Bitcoin ETF stake by 257% in Q3 2024, making it their top holding despite Bitcoin’s decline. This move sparked criticism over Bitcoin’s volatility, lack of yield, and energy consumption. Market analysts noted outflows from BTC ETFs and cautious trading due to options clustering around key price levels.

Coinbase has resumed operations in India with crypto-only trading after a two-year suspension. Users can now exchange cryptocurrencies and use Coinbase Wallet, with plans for a fiat on-ramp in 2026. The restart follows FIU registration and signals a bid to re-enter India despite strict tax rules.

Bitcoin is trading in a narrow range between $91k-$92k with a market cap of around $1.8 trillion and dominance of 58-60%. The price is above the 200-day moving average but struggles to break through the $100k-$120k resistance zone. High open interest and positive funding show leveraged long positions, increasing liquidation risk.

Vitalik Buterin has proposed an on-chain gas futures market to address Ethereum transaction fee unpredictability. Users can pre-buy gas at fixed prices for future use, providing cost certainty for high-volume users and enterprises. The system would create economic signals for scaling decisions without reducing gas fees. The proposal is not yet formally submitted.

Scammers used a fake DBS crypto trading app and WhatsApp group to steal over $130,000 from a retired engineer, prompting cybercrime warnings from authorities. The victim was lured into investing through the app and group, with the scammers eventually demanding a 20% fee and blocking the victim’s account. Police urge caution and verification of investment…