Bernstein predicts Bitcoin to reclaim up to $300,000 in 2029 under its base case, with a bull case of $500,000 in next market cycle
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."
Michael Saylor's Strategy Shows Crypto What Happens When Narratives Runs Out
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.
Crypto Industry Calls For MiCA 2.0 Revision To Tackle The Euro Stablecoin Problem
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 Targets 11 Crypto Platforms in Russia's Evasion Network Amid Sanction Push
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.