Crypto treasury companies face pushback from Asian stock exchanges: report

DeepSeek has made an optimistic prediction that Bitcoin could rise to $150,000 by the end of 2026, despite a recent drop caused by the liquidation of $19 billion in leveraged positions. Analysts from TD Cowen also foresee Bitcoin reaching around $141,000 by December, citing its resilience following market downturns. Bloomberg's senior commodity strategist, Mike McGlone, shares this optimism, suggesting that Bitcoin's recovery could even help stabilize the stock market. This news is significant as it highlights the potential for Bitcoin to rebound strongly, attracting investors looking for promising opportunities.

Recent reports indicate that some Bitcoin whales are converting their BTC into shares of spot ETFs, a move that could signal a shift in investment strategies within the cryptocurrency market. This trend is noteworthy as it reflects the growing acceptance of Bitcoin in traditional finance and may influence market dynamics. Understanding these shifts is crucial for investors and analysts alike, as they could impact Bitcoin's price and overall market stability.

Deepseek has made an optimistic prediction that Bitcoin could reach a high of $150,000 by the end of 2026, despite recent market turbulence. Following a significant crash that wiped out $19 billion in leveraged positions, analysts from TD Cowen are also forecasting a price of $141,000 by December, highlighting Bitcoin's resilience. Bloomberg's Mike McGlone adds to this positive sentiment, suggesting that now might be the best time to invest in Bitcoin and its potential for recovery and growth.

This week, Bitcoin is facing a potential dip below $100,000, as warned by Geoffrey Kendrick from Standard Chartered. He suggests that this drop could be a fleeting moment, marking the last time Bitcoin trades below six figures. This news is significant as it reflects ongoing volatility in the cryptocurrency market, which has been under scrutiny despite a broader bullish outlook from the bank. Investors are keenly watching these developments, as they could influence market sentiment and trading strategies.

Ledger has launched its new Nano Gen5, a hardware security device designed to provide affordable protection for AI-driven digital identities. This innovative product is significant as it addresses the growing need for secure digital identity management in an increasingly digital world, especially with the rise of AI technologies. By making security more accessible, Ledger aims to empower users to safeguard their personal information effectively.

Short-term holders in the cryptocurrency market are currently experiencing increased stress due to a cooling of speculative excess. This situation, while challenging, could ultimately lead to healthier market conditions as losses may reset the current speculative environment and stabilize overall sentiment. Understanding these dynamics is crucial for investors as it highlights the potential for a more balanced market moving forward.

The UK's Financial Conduct Authority (FCA) has filed a lawsuit against HTX for allegedly promoting cryptocurrency services to UK consumers without proper authorization. This legal action highlights the ongoing regulatory scrutiny in the crypto space, aiming to protect consumers from potential fraud and misleading practices. As the crypto market continues to grow, such enforcement actions are crucial for ensuring that companies comply with regulations, ultimately fostering a safer environment for investors.

The Netherlands is tightening its gambling regulations, which is significant for players and operators alike. These changes aim to create a safer gambling environment and protect consumers from potential harm. Understanding these new rules is crucial for players to navigate the evolving landscape and ensure they are compliant while enjoying their gaming experiences.

In the latest Crypto Daybook for the Americas, analysts discuss how risk proxies are impacting Bitcoin's recent bounce, while highlighting the performance of HYPE and XMR. This matters as it reflects the ongoing volatility in the cryptocurrency market and the factors influencing investor sentiment, which can affect trading strategies and market stability.