2025 was a breakout year for crypto and for @Ethereum.From regulatory shifts to digital asset treasuries and wide institutional adoption, Ethereum is reshaping global financial markets.2026 will be even bigger as more organizations build on Ethereum.@LineaBuild will focus on becoming a self-sustaining chain, and @MetaMask will expand into more onchain assets and unlock broader real-world use. ...

The sentiment is quite bearish, even if even after seeing a slight bounce back from the shop selloff that we saw in the last 24 hours, the the bounce back has not been very convincing. We have not seen quite a big buyers yet in the market. The so-called dip buys of the value buying has not kicked in yet.Oh, there is a index called fear and greed index in crypto, which is at 23, which still shows extreme fear, reflecting the kind of mood that market sentiment market is at. Traders are still sitting on the si ...

After a banner here for crypto with tailwinds from Washington and Wall Street, selling pressure has recently returned with a vengeance. Bitcoin recently flirted with a bare market. Let's talk more about it with Andy Bear, Coindesk Indices managing director.He's here with me at the desk. Andy, >> no relation to the market, Andy Bear. >> Um, yes, I guess you Well, Bitcoin, you never know.I mean, but you know, so what kind of cycle are we in now then. How do we think about that >> after the sort of late August ...

Market Trends & Bitcoin Performance - Bitcoin reached a new all-time high of approximately $125,700 [2], trading at $125,000 as of noon Eastern [2] - The cryptocurrency's previous record was at the $124,000 level, reached in August of this year [2] - Ether climbed around 3% as of midday and Salana rose nearly 2.5% to nearly $236 [2] - Major cryptocurrencies have been on the rise since Friday, supported by recent gains in US stocks and inflows in Bitcoin ETFs [3] - Historically, Q4 has shown median returns of about 50% for Bitcoin in the past 10 years [15] Company & Product Launches - Galaxy Digital launched a new trading platform called Galaxy 1, shares of Galaxy jumped about 7 and a half percent [4][6] - Grayscale announced staking for its Ether and Salana investment products, making it the first to offer staking through US-listed spot crypto ETPs [6] Market Analysis & Drivers - The rally is considered a broad-based rally rather than a speculative spike, with a positive macro backdrop [9] - Macro factors driving the rally include falling yields, improved liquidity, low volatility, and the Fed's easing cycle [10] - Over 60 corporations now hold Bitcoin in their treasuries [12][21] - Market is hopeful about the Fed cutting rates by five times by the end of 2026 [12] - Institutional participation legitimizes the asset class and decreases volatility [21]

Market Overview & Flows - The bull case for crypto, particularly Bitcoin and Ethereum, is primarily driven by significant inflows observed in the past year, expected to continue [1][2] - ETF flows are identified as the primary catalyst for price movements in both Bitcoin and Ether [2][3] - Digital asset treasuries also contribute to inflows, although their consistency depends on the premium at which their stock is trading above their NAV [2] Correlation & Macroeconomic Factors - Bitcoin's correlation with gold has increased, aligning with its perception as "digital gold" due to its limited supply [3][4] - Equity markets and overall risk appetite remain the primary determinants on the macro side for both Bitcoin and Ethereum [4] Risks & Sentiment - The biggest risk to the bullish forecast for Bitcoin and Ether is a change in sentiment driven by the macroeconomy, particularly a downside in equity risk [5][6] - A downturn in equity markets could reduce inflows and negatively impact prices due to the sentiment-driven nature of Bitcoin and Ethereum [6] Price Targets - The 12-month forecast for Bitcoin is $181,000 and for Ether is $5,400 [5]

Digital Asset Treasuries - Panel discussion at @token2049 focused on the rise of digital asset treasuries [1] Key Participants - @ethereumJoseph joined @fundstrat, @SamirTabar, and @cosmo_jiang on the panel [1]

Group 1: Bitcoin Market Insights - Bitcoin is described as the "canary in the coal mine" due to its sensitivity to liquidity among global macro assets [2] - Bitcoin reached an all-time high of $124,457.12 on August 14 but has recently experienced a downturn [2] - The market is in a critical phase, with potential recovery if investors return within the next three weeks, with a possible price range of $140,000-$160,000 [3] Group 2: Long-term Predictions - Previous predictions suggested Bitcoin could reach $250,000 to $300,000 by the end of the cycle, with potential to stretch to $300,000-$400,000 based on institutional inflows [4] Group 3: Altcoin Market Dynamics - Altcoins are facing competition from public equities and Bitcoin-related wrappers, leading to a lack of an altcoin season [6][7] - There has been some momentum towards Ethereum and Solana recently, but it is not comparable to past cycles [7]

M&A Opportunities - The digital asset treasury market is expected to consolidate, with potential for M&A activity due to an unsustainable number of treasuries (30-40) [1] Capital Markets Arbitrage - Digital asset treasuries are exploring opportunities to obtain bank loans at approximately 5%-6% interest rates [1] - These funds could then be deployed in Solana DeFi to potentially earn returns close to 15% [1]

Market Trends & Industry Dynamics - Standard Chartered warns digital asset treasuries (DATs) face a valuation crunch as mNAVs collapse [1] - Many smaller firms risk a "death spiral" in the digital asset treasuries sector [1] Investment Opportunities & Potential Risks - Major players like Strategy (MSTR) and Bitmine (BMNR) may gain from consolidation in the digital asset treasuries sector [1]

Investment Focus - Dragonfly is focused on digital asset treasuries [1] - Dragonfly is focused on ongoing prediction market meta [1] Industry Insights - The discussion covers Rob Hadick's views on digital asset treasuries [1] - The discussion covers ongoing prediction market meta [1] Target Audience - The information is helpful for investors and VCs [1]