Bitcoin Slips Below $80,000 After Fed Holds Rates and Tech Shares Weaken
TL;DR: Bitcoin slipped below $80,000 in early October 29 trading as markets digested the Federal Reserve’s decision to leave rates unchanged and the accompanying hawkish dissent. The immediate market risk is a feedback loop between falling prices and leveraged positions being closed. Bitcoin slipped below $80,000 in early October 29 trading as markets digested the…
Bitwise Sees Bitcoin at $1.6 Million by 2036, but the Forecast Has Big Assumptions
TL;DR: Bitwise Asset Management has raised its long-range Bitcoin price projection to $1.6 million by 2036 in its 2027 capital-market assumptions. The headline will attract attention because it implies a dramatic rise from current levels, but the market should distinguish an investment thesis from a catalyst. Bitwise Asset Management has raised its long-range Bitcoin price…
Robinhood Crypto Revenue Falls 55% as Prediction Markets Support Growth
TL;DR: Robinhood reported third-quarter 2026 results on October 27, with total net revenue of about $1.42 billion, up 12% from the comparable period a year earlier. Market participants can learn something from the gap between token narratives and exchange revenue. Robinhood reported third-quarter 2026 results on October 27, with total net revenue of about $1.42…
Polymarket Fed Hold Odds Hit 94% As Softer Inflation Boosts Bitcoin Mood
Polymarket traders are pricing in a high probability that the Federal Reserve holds rates steady at its July meeting, with odds rising to 94% after softer inflation data improved the market’s macro mood. That matters for Bitcoin because rate expectations remain one of the most important forces shaping risk appetite. When inflation cools, traders usually…