Institutional Finance

Bernstein's headline numbers are already making the rounds, they expect Bitcoin to reclaim $125,000 by late 2026, and $300,000 at the next cycle peak in 2029. When asked the reason behind this logic, Chhugani is framing this call around what he terms the "debasement trade."

On July 26, Michael Saylor posted Strategy's Bitcoin acquisition chart on X with a vague caption "We're gonna need another color." It was his fifth version of that post since June 22, the company's longest stretch without a confirmed Bitcoin purchase in two years.

The list of commentary were endless, but one number explained the urgency better than anything else on how euro stablecoins account for less than 1% of the global stablecoin volume, according to DeFiLlama data despite Euro's commanding role in world trade.

EU High representative Kaja Kallas confirmed the sanction package will target banks, weapons manufacturers, oil traders, refineries and crypto operators in third countries, with the commission proposing an additional transaction bans on over 30 banks in Russia and abroad.

A group of six Republican senators sent off a letter to the country's top banking regulators last week, and the message was straightforward, it said the rules that prevent U.S. banks from holding digital assets need to go.