JP Morgan Strategist Prefers Bitcoin to Gold Long Term
A JPMorgan strategist just called bitcoin "too cheap" versus gold – a signal that matters less for the price target than for what it reveals about market positioning. Bitcoin's down roughly 50% from October's $126K high, the Fear & Greed Index currently sits in the teens, and institutional ETF buyers have flipped to sellers. That sounds a lot like capitulation. The question now becomes… is this the setup smart money has been waiting for? Read more →
First Insider-Trading Arrest on Prediction Market
Israel arrested army reservists and a civilian Thursday for allegedly using classified military information to place bets on Polymarket about strikes on Iran. Authorities said the suspects leveraged nonpublic details from their military service to inform their wagers. The case marks the first known arrest for insider trading on a prediction market and underscores growing regulatory scrutiny of platforms like Polymarket and Kalshi, which have faced repeated controversies over suspicious trades. Read more →
Stablecoin Surge Hints at Market Bottom
Bitcoin's plunge to $60,000 has triggered a $22 billion rotation into stablecoins, pushing their market dominance to 10.3%, exceeding the 2022 FTX collapse (see chart here). Historically, these peaks have preceded cycle recoveries, but the real signal to watch: when stablecoin dominance stabilizes or declines, indicating capital is ready to redeploy into risk assets. Read more →
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