Morning Crypto Report: $130 Million DeFi Hack Hits Balancer; Bollinger Bands Say Forget $3 XRP; Bitcoin Going Through IPO, Says Wall St. Veteran

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The new crypto week opens with blood on the DeFi charts after Balancer loses over $100 million across chains, while XRP's Bollinger Bands flash a firm "no $3 anytime soon" and Wall Street calls Bitcoin's current phase its own IPO.

2d ago•

U.Today

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Asia Market Open: Crypto Markets Tumble, Bitcoin Slides to 5-Month Low as Global Stocks Flash Red

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Cryptonews.com

Bitcoin Price Prediction: BlackRock ETF Launch, AI Trading Wins, and Tom Lee’s $200K BTC Forecast Fuel Market Optimism

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CoinDesk

Bitcoin Bounces Near $100K, ETH, SOL, XRP Drop 6-10% as Bulls See $1.6B Liquidations

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Cointelegraph Twitter

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 Senator Lummis says, “Market structure is the most important piece of digital asset legislation in United States history.” 🔹 Franklin Templeton updated its XRP ETF S-1 filing with shortened 8(a) language, aiming to launch this month, per Bloomberg’s James Seyffart. 🔸 Arthur Hayes said the Fed will soon start quietly printing money again to fund U.S. debt and that will send $BTC higher. 🔹 Binance CEO Richard Teng denied claims the exchange influenced the use of Trump-backed stablecoin USD1 in a $2 billion Abu Dhabi deal. 🔸 Sam Bankman-Fried’s team is appealing his 25-year sentence, claiming he was “never presumed innocent”

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