Cardano Chief Calls For New Crypto Vision In McDonald’s Suit Bitget
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CFTC Chair Michael Selig has appointed Amir Zaidi as chief of staff at the start of his tenure. The decision represents an early leadership move as the agency prepares for shifting regulatory demands. CFTC Past Roles and Expanding Crypto Mandate Selig announced the appointment on Wednesday in a public statement. He referred to Zaidi serving
The post Pro-Crypto Amir Zaidi Appointed as CFTC Chief Of Staff Following Bitcoin Futures Milestone appeared first on CoinGape.
]]>SWIFT Chief Roasts XRP & Cardano’s Hype Train: “Balance Sheet Is The New Referee” DailyCoin
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Cardano Attack: Hoskinson Invokes Feds, Solana Chief Objects Bitcoinist.com
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CleanCore Solutions Welcomes Matt Swann as Chief Digital Officer of House of Doge GlobeNewswire
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Cardano (ADA) Price Surges Following Public Apology From Charles Hoskinson’s Chief Critic TradingView
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Paolo Ardoino, chief executive officer of stablecoin issuer Tether, has called Bitcoin “undefeatable” in a recent X post. The bold claim comes as markets wobble and digital assets face fresh downward pressure.
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Bitcoin’s price action has been muted this week, but Ardoino’s comment has stirred up plenty of talk among traders and analysts.
Tether’s Bitcoin Holdings Grow
According to reports, Tether has boosted its Bitcoin stash to nearly 80,000 BTC. That holding is worth more than $9 billion at current rates.
The company’s steady buying suggests it sees deep value in Bitcoin even when prices slide. In recent weeks, Tether’s balance sheet has leaned heavily on the world’s oldest crypto asset.
Some market watchers say that kind of commitment from a major player could shore up confidence in Bitcoin’s long-term prospects.
Bitcoin is undefeatable
— Paolo Ardoino
(@paoloardoino) August 6, 2025
Supporters have jumped in to back Ardoino’s take, pointing to Bitcoin’s history of bouncing back after big sell-offs. Based on reports from crypto forums and social feeds, many believe that only severe, lasting shocks can truly move the price for long.
Yet others caution that calling any asset “undefeatable” risks lulling investors into a false sense of security. They warn that new technologies could emerge and challenge Bitcoin’s top spot in years ahead.
Bitcoin $BTCUSD and a number of the other cryptos are setting up a head fake after a Bollinger Band Squeeze. Interestingly, the pattern is not evident in the ETFs as they don’t trade on weekends and holidays. Analyst beware!
— John Bollinger (@bbands) August 6, 2025
Technical Warning From Bollinger
Meanwhile, John Bollinger, the creator of the Bollinger Bands charting tool, issued a note on X about a possible “head fake” in Bitcoin’s price.
He pointed out a Bollinger Band squeeze that briefly pushed Bitcoin down to $111,900 on Aug. 3, only for it to snap back up to $115,700.
That sudden U-turn trapped many bears who bet on further declines. Bollinger also said the same pattern doesn’t show up on crypto ETFs, since those funds don’t trade on weekends.
Borrowed from basketball, the term “head fake” describes an asset that surges one way and then reverses course, catching traders by surprise.
Bitcoin closed most sessions near the $115,000 mark this week, with Bitstamp data showing it trading at $115,200 at one point.
The coin has edged up slightly over the past 24 hours, but volatility remains a factor. Traders note that weekend gaps and low liquidity can trigger sharp moves in either direction.
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Market Participants Weigh In
Analysts and fund managers are parsing both the bullish spin from Tether’s boss and the caution flag from Bollinger’s camp.
Some say Bitcoin’s track record in the past decade—including weathering regulatory clampdowns, global economic shocks, and high-profile exchange failures—earns it the right to such bold labels.
Others argue that blind faith alone won’t protect investors from sudden market swings.
Featured image from Meta, chart from TradingView
Ex-Cardano CMO Maverick Adam Bates Jumps Ship to XION as Chief Marketing Officer FinSMEs
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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
A well-known market analyst believes Bitcoin is on track to reach new highs this year. Tom Lee, the co-founder of Fundstrat Global Advisors, expects the cryptocurrency to do “better than $150,000” by the end of 2025.
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His latest comments come as Bitcoin struggles with recent volatility but remains a popular investment choice among institutional and retail traders.
The co-founder of Fundstrat expressed his opinions on CNBC’s Squawk Box, referencing a variety of favorable fundamentals for the price of Bitcoin.
Bitcoin Volatility And Market Movements
In recent months, the top coin has had a lot of ups and downs. In February 2025, the top cryptocurrency saw a nearly 24% decline, which caused some investors to lose faith.
In spite of this, the current price of Bitcoin is nearly $84,500. During the day, it fluctuated between a high of $90,400 and a low of $82,500. Lee, nevertheless, is unconcerned with the fluctuations and thinks that BTC’s long-term prospects surpass its short-term declines.
JUST IN: Expect Bitcoin go higher than $150,000 this year, says Fundstrat’s Tom Lee pic.twitter.com/z0mGAPe16b
— Bitcoin Archive (@BTC_Archive) March 3, 2025
Institutional Support And Broader Adoption
Growing participation of significant financial actors is one of the main causes of Lee’s confidence. Companies like Citadel have entered the crypto space to give Bitcoin more legitimacy. The alpha coin’s use case gets stronger for future expansion the more conventional institutions interact with digital assets.
“I think Bitcoin makes a beeline back towards its long-term trend line, which is probably $82,000 in the near term, $150,000 before year-end,” says @fundstrat‘s Tom Lee as $BTC closes in on its all-time high. pic.twitter.com/g4p6VOTECx
— Last Call (@LastCallCNBC) March 5, 2024
Other financial behemoths also show great optimism for Bitcoin. Both Bitwise and Standard Chartered project Bitcoin to reach $200,000 in 2025. Such forecasts support Lee’s point of view and confirm that Bitcoin still has lots of space to expand.
Government Influence On Bitcoin’s Future
Regulatory decisions could also play a role in Bitcoin’s performance this year. United States President Donald Trump recently declared his intention to establish a strategic cryptocurrency reserve. This action suggests that the government is becoming more interested in digital assets, which could affect market sentiment and raise prices.
At the same time, regulatory uncertainty still influences changes in the price of Bitcoin. Even if institutional usage is growing, market observers will closely monitor any changes to regulations that may have an impact on the future of cryptocurrencies.
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Long-Term Holding Vs. Short-Term Trading
Lee tells people who want to invest in Bitcoin to think about the long run. He says that there are often short, unpredictable bursts of growth for the coin. He says it’s dangerous to try to time the market. Instead, it might be smarter to hold on to Bitcoin for a long time.
Bitcoin’s price isn’t stable at all, but buyers are still interested in it because it has a history of strong recovery. If Lee is right, 2025 could be another big year for the biggest coin in the world.
Featured image from Getty Images, chart from TradingView