Binance Pauses THORChain Transfers for Upcoming Network Upgrade

The post Tom Lee Predicts Major Bitcoin Adoption Surge appeared on BitcoinEthereumNews.com. Key Points: Tom Lee suggests significant future Bitcoin adoption. Potential 200x increase in Bitcoin adoption forecast. Ethereum positioned as key settlement layer for tokenization. Tom Lee, co-founder of Fundstrat Global Advisors, predicted at Binance Blockchain Week that Bitcoin adoption could surge 200-fold amid shifts in institutional and retirement capital allocations. This outlook suggests a potential major restructuring of financial ecosystems, boosting Bitcoin and Ethereum as core assets, with tokenization poised to reshape markets significantly. Tom Lee Projects 200x Bitcoin Adoption Increase Tom Lee, known for his bullish stance on digital assets, suggested that Bitcoin might experience a 200 times adoption growth as more traditional retirement accounts transition to Bitcoin holdings. He predicts a break from Bitcoin’s traditional four-year cycle. Despite a market slowdown, Lee sees tokenization as a key trend with Wall Street eyeing on-chain financial products. The immediate implications suggest significant structural changes in digital finance. Lee highlighted that the adoption of a Bitcoin ETF by BlackRock exemplifies potential shifts in finance. If retirement funds begin reallocating to Bitcoin, it could catalyze substantial growth. Community reactions appear positive, with some experts agreeing that the tokenization of traditional finance is inevitable. Statements from Lee argue that Ethereum’s role in this transformation is crucial, resonating with broader positive sentiment from institutional and retail investors. As Lee explained, “2025 is the year of tokenization,” highlighting U.S. policy shifts and stablecoin volumes as key components of a bullish outlook. source Bitcoin, Ethereum, and the Future of Finance Did you know? Tom Lee suggests Bitcoin might deviate from its historical four-year cycle, driven by massive institutional interest and tokenization trends, potentially marking a new era in cryptocurrency adoption. Bitcoin (BTC) trades at $92,567.31, dominating 58.67% of the market. Its market cap stands at $1.85 trillion with a fully diluted market cap of $1.94 trillion.…

The post ‘Real product market fit’ – Can Chainlink’s ETF moment finally unlock $20? appeared on BitcoinEthereumNews.com. Chainlink has officially joined the U.S. Spot ETF club, following Grayscale’s successful debut on the 3rd of December.  The product achieved $13 million in day-one trading volume, significantly lower than the Solana [SOL] and Ripple [XRP], which saw $56 million and $33 million during their respective launches.  However, the Grayscale spot Chainlink [LINK] ETF saw $42 million in inflows during the launch. Reacting to the performance, Bloomberg ETF analyst Eric Balchunas called it “another insta-hit.” “Also $41m in first day flows. Another insta-hit from the crypto world, only dud so far was Doge, but it’s still early.” Source: Bloomberg For his part, James Seyffart, another Bloomberg ETF analyst, said the debut volume was “strong” and “impressive.” He added,  “Chainlink showing that longer tail assets can find success in the ETF wrapper too.” The performance also meant broader market demand for LINK exposure, noted Peter Mintzberg, Grayscale CEO.  Impact on LINK markets Bitwise has also applied for a Spot LINK ETF and could receive the green light to trade soon. That said, LINK’s Open Interest (OI) surged from $194 million to nearly $240 million after the launch.  The surge indicated a surge in speculative interest for the token on the Futures market.  Source: Velo By extension, it also showed bullish sentiment following the debut. On the price charts, LINK rallied 8.6%, extending its weekly recovery to over 20% from around $12 to $15 before easing to $14.4 as of press time. It was still 47% down from the recent peak of $27.  The immediate overheads for bulls were $15 and $16, and clearing them could raise the odds for tagging $20. Especially if the ETF inflows extend.  Source: LINK/USDT, TradingView Assessing Chainlink’s growth Chainlink has grown over the years and has become the top decentralized oracle provider, offering numerous blockchain projects…

A gripping tale of deception has captured the media’s spotlight, especially in foreign outlets, centering on a cryptocurrency fraud case from Denver, Colorado. Eli Regalado, a pastor, alongside his wife Kaitlyn, was convicted, but what makes this case particularly intriguing is their unconventional defense.Continue Reading:Pastor Involved in High-Stakes Crypto Fraud