Bloomberg Analyst Warns: Bitcoin Could Plunge 50% If $100K Breaks
TLDR Mike McGlone (Bloomberg) identifies $100K as Bitcoin’s critical support to prevent a major collapse. McGlone warns of a high correlation (0.53) with the S&P 500,
Markets (Latest Publications)
The blockchain technology has its place in each of the different markets and it is interesting to be up-to-date with the novelties that occur in them.
That is why from Crypto-Economy we bring the selection of the most relevant news of the different markets that have come into contact with blockchain and cryptocurrencies.
If you want to be the first to find out about the latest news related to the different markets, do not forget to visit our section.
Pump.fun’s Expansion Pushes GIGGLE and 67COIN to New Heights
TLDR New meme tokens post extraordinary gains, with 67COIN surging +19,810% in seven days. The Pump.fun platform is expanding aggressively, integrating Moonpay and a project incubator.
Bernstein Declares Prediction Markets “Legit” as Robinhood and Coinbase Jump In
TL;DR Bernstein now views prediction markets as ready for mainstream finance, supported by platforms such as Robinhood and Coinbase integrating them into their product suites. The
Bitcoin Outlook: JPMorgan Publishes Aggressive Price Forecast
TL;DR JPMorgan sets a theoretical target of $170,000 for Bitcoin in the next 6 to 12 months. The bank argues that excessive market leverage has been
ETF Data Shows $2B Outflow from US Spot Bitcoin Funds in Second-Worst Streak
TL;DR Spot Bitcoin funds accumulated six consecutive days of withdrawals, totaling over $2.04 billion. Ether ETFs also experienced heavy outflows of $1.2 billion, while Solana ETFs
ZkSync Ignites Investor Optimism with 115% November Surge
TL;DR ZK rose from $0.03 to over $0.07, with spot volumes multiplying by 30. Vitalik Buterin’s public endorsement of ZkSync’s “Atlas” upgrade initiated the rally. A
Crypto Market Records $1 Trillion Monthly Decline Amid Volatility
TL;DR The crypto market capitalization fell from $4.3 trillion to $3.4 trillion, a loss of nearly $1 trillion in one month. Institutional investors withdrew $1.15 billion
Trader’s $1M Bet Against Mamdani Backfires in Polymarket’s Biggest Election Loss
TL;DR A Polymarket trader lost close to $1 million after wagering against Zohran Mamdani, marking one of the largest individual losses in the platform’s history. The
Japan’s Crypto Market Hits $33B Milestone With Exchanges Leading the Charge
TL;DR Cryptocurrency holdings in Japan reached a record ¥5 trillion ($33.16 billion) as of July this year. Investors are seeking higher returns amid low savings yields
Bitcoin, Ethereum ETFs Bleed for Fifth Day as Solana Defies Market Slump
TL;DR Spot Bitcoin ETFs recorded their largest daily withdrawal since October, with $566 million. In contrast, Solana (SOL)-linked investment funds completed six consecutive days of net
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