Bitcoin and crypto price predictions:
- XRP Sees Record Futures Bets Amid Price Surge Above $1.20: XRP futures hit record open interest as prices surged 20% amid optimism over regulatory clarity and a potential crypto-friendly Trump administration.
What happened in the markets this week:
- Bank Clients Just Dipped Their Toes Into Bitcoin ETFs, but Q4 Could See a FOMO Spike: Wall Street banks like Goldman Sachs increased bitcoin ETF holdings in the third quarter, with Goldman nearly doubling its stake to $710 million.
- Bitcoin Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm Warns as BTC Price Nears $90K: BTC's breakout has the market in a state of euphoria, QCP Capital said.
What's happening with crypto policy and regulation:
- Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions : A group of state attorneys general and the DeFi Education Fund sued the U.S. SEC, claiming it overstepped its authority by enforcing crypto regulations without Congressional mandate.