In this week’s crypto recap:
đź’° Bitcoin Forecast Breakdown: Galaxy cuts year-end target as ARK and JPMorgan clash over BTC’s next direction.
đź§ Balancer Violation Reaches $116 Million: One of the biggest DeFi exploits of the year reveals new flaws in smart contracts and divides the crypto community.
🏦 The double metaplanet: The Tokyo company borrows $100 million against Bitcoin to buy even more – an aggressive, high-stakes strategy.
đź’¸ Ripple raises $500 million: A funding round led by large institutions is sparking debate over whether investors are actually buying XRP at a discount.
⚖️ SBF requests a new trial: Former FTX CEO faces a skeptical appeals court in his bid to overturn his fraud conviction.
đź‡đꇰ Franklin Templeton tokenized fund: Hong Kong welcomes its first blockchain-based money market fund, backed by HSBC and OSL.
📊 Gemini Eye Prediction Markets: The Winklevoss twins’ exchange seeks CFTC approval as it moves toward institutional trading.
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