Veteran trader Peter Brandt forecasts Bitcoin's market cycle bottom on October 4, 2026, potentially below $50,000, citing current optimism. He expects a peak between $250,000-$300,000 by 2029, favoring Bitcoin and precious metals over AI stocks.
Bitcoin is testing the $58,000 level as traditional demand pillars, including spot ETFs and corporate treasury accumulation, show signs of weakening. US spot Bitcoin ETFs have registered eight consecutive weeks of outflows, and Strategy has authorized Bitcoin sales, challenging the previous bull case.
Various international news snippets cover US-Iran talks regarding the Strait of Hormuz, potential pre-emptive strikes on Russian bases, California flight bans, and statements from leaders like Trump, Lukashenko, and Zelensky on global conflicts and relations.
Founders are sharing stories of VCs using dual-valuation funding rounds to inflate headline figures, masking lower actual entry prices. Sequoia is named, with a partner defending the practice as market reality.
The ministry expects Brent prices to decline to $65 per barrel in 2027, $63 in 2028 and $61 in 2029
India has successfully navigated the Middle East crisis, ensuring stable fuel supplies and uninterrupted maritime operations. Despite global price surges, consumers are shielded through excise duty cuts and increased domestic production. State-run oil companies are absorbing significant daily losses to maintain current prices, while Indian seafarers in the Gulf remain safe and maritime operations at Indian ports are normal.
A Hong Kong-listed company wants to attract more than 10,000 BTC into a regulated asset management strategy, a target worth roughly $760 million at current prices. While the number itself is jaw-dropping, it's the strategy's structure that reveals the true scope of this plan. Hong Kong is trying to become a place where large pools […] The post Hong Kong eyes 10,000 BTC investment for Asia’s first regulated Bitcoin capital pool appeared first on CryptoSlate.
A Hong Kong-listed company wants to attract more than 10,000 BTC into a regulated asset management strategy, a target worth roughly $760 million at current prices. While the number itself is jaw-dropping, it's the strategy's structure that reveals the true scope of this plan. Hong Kong is trying to become a place where large pools […] The post Hong Kong targets 10,000 BTC in purchases for Asia’s first regulated Bitcoin capital pool appeared first on CryptoSlate.
Brent prices gained 2.58% to $101.02 per barrel
