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Cathie Wood has lowered her Bitcoin price prediction for 2030 from $1.5 million to $1.2 million.

2 hours ago

On November 6th, the founder of Ark Invest, Cathie Wood, has adjusted her highest price prediction for Bitcoin by 2030 from $1.5 million to $1.2 million. This adjustment is due to the rapid growth of stablecoins. Cathie Wood stated that stablecoins are assuming the role that she originally believed Bitcoin would play, particularly in emerging markets and payment contexts. Nevertheless, Cathie Wood remains positive about Bitcoin's long-term prospects and believes that it will continue to play a central role in institutional adoption and the transformation of the global monetary system.
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Yi Li Hua: Bullish on Future Price Movements, Cryptocurrency Currently Undervalued Compared to Nasdaq

On November 7th, Daniel Li, the founder of Liquid Capital (formerly LD Capital), posted, saying, "We are continuously optimistic about the future market and the buying strategy. We believe that there is a 20% probability of another significant retracement. There is a 50% probability that BTC will retest $116,000 and ETH will retest $4,000 with wide fluctuations. There is a 30% probability that by the end of the year, a short squeeze rally will start and break through to a new high above $5,000. This is due to the expectations of interest rate cuts and the news of the government reopening. Also, observing the current structural pullback in the US stock market, with a very low probability of a sharp decline in the short term. The key point is that the AI bubble is still in its early to middle stage. It is being actively promoted as a national strategy in the US, coupled with strong performance in the financial reports of major companies. Cryptocurrency is relatively undervalued compared

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Circle Issues 750 Million USDC on the Solana Network

On November 7th, as per the monitoring of Onchain Lens, Circle has minted an extra 7.5 billion USDC on the Solana network. From October 11th onwards, Circle has minted a cumulative total of 52.5 billion USDC on the Solana network.

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Speaker of the House Johnson: Today's Outlook on Resolving the Government Shutdown Issue Is "Less Optimistic Than Yesterday"

On November 7, U.S. House Speaker Johnson said that he is "less optimistic today than yesterday" regarding the resolution of the government shutdown issue. (FX168)

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「Buddy」 ETH Long Position Faces Partial Liquidation Again, Current Position Reaches $7.6 Million

On November 7th, as monitored by Onchain Lens, due to the market's downturn, the "Whale" witnessed another partial liquidation of its 25x long position in ETH. At present, the "Whale" still holds a position of 2,300 ETH, which is worth $7.6 million.

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Hourglass: Stablecoin Staking Event Phase 2 $100,000 Minimum Deposit Window to be Extended by At Least 1 Hour

On November 7th, Hourglass announced that "The minimum deposit window of $100,000 for the Stable Pre-Launch Phase 2 will be extended by at least one hour." (This sentence is already in a relatively common and clear English structure for such announcements. There may not be a significant difference in a "typical American language habit" rewrite as it is already presented in a straightforward manner.)

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Over the past month, three whales have bought a total of 17M $OVPP($375K).

Over the past month, three whales have bought a total of 17M $OVPP($375K). Whale 0xaca5, holding over $10M in assets, bought 7.6M $OVPP($165K) from MEXC and DEXs. 0xae84 bought 5.43M $OVPP($117K). 0x3bd5 bought 3.97M $OVPP($87K).

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