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Project Overview
Bullish (NYSE: BLSH)is an exchange for digital assets that provides deep liquidity, automated market making, and top-notch security.
Goldman Sachs Turns Bullish on Stocks and Bonds: Optimistic That AI Stocks Will Drive the Market's Continued Rally
Odaily Report: Goldman Sachs has upgraded its rating on equities to "overweight" for the next three months, while raising its rating on bonds to "overweight" for the next 12 months. In terms of equity allocation, Goldman Sachs is more bullish on AI-related stocks and select high-dividend names.Goldman Sachs stated that improving valuations, resilient corporate earnings, and the trend of slowing inflation will support market performance through 2027. However, the institution also warned that rising yields and geopolitical risks could continue to drive up market volatility.
Anvil Completes $5 Million Governance Token Purchase, Led by Founders Fund
Odaily News — Crypto collateral protocol Anvil has announced the completion of a $5 million governance token purchase, led by venture capital firm Founders Fund, with participation from Pantera Capital, Theta Blockchain Ventures, Bullish, and Protoscale Capital.Anvil has launched a software development kit to help enterprises and financial institutions integrate its digital asset collateral technology without writing blockchain code. The protocol uses collateral to secure financial commitments, without requiring collateral providers to borrow or pay interest. (CoinDesk)
Ansem: PUMP Could Be Valued Like an L1, Bullish on pump.fun Becoming a Super App This Cycle
Odaily reports: Ansem posted on X that the market has not yet fully priced in pump.fun's emergence as L1-like foundational infrastructure, on which other token issuance platforms could build directly in the future; for every ~$500 million in revenue the platform generates, token creators can receive ~$500 million in creator fees after tokens complete the bonding curve phase.He believes that with the launch of features such as custom trading pairs and Callout Rewards, PUMP may gradually be valued under L1-like logic, and he is bullish on pump.fun developing into a super app in this cycle.
Bonk Guy: Crypto Market May Be Nearing a Turning Point; If Bullish on Q4, Investors Should Actively Buy the Dip
well-known trader Bonk Guy posted that the crypto market may be nearing a turning point. In a worst-case scenario, it could still experience several more weeks of decline or consolidation before potentially entering a sustained rally. He believes that if investors are highly bullish on a token's performance in Q4, the current risk-reward ratio favors actively buying the dip; if a token is expected to break a $1 billion market cap, then the difference between buying at a $20 million or $25 million valuation may not matter much.Bonk Guy also stated that the biggest risk right now is missing the next rally due to the bearish sentiment on Crypto Twitter (CT). He advised against paying too much attention to 1-minute candles and suggested buying the dip and reducing short-term trading.
Bullish partners with Marex to expand institutional access to digital asset markets
According to an official announcement from Bullish, Bullish (NYSE: BLSH) and diversified global financial services platform Marex Group Limited (NASDAQ: MRX) have announced a partnership. Marex will officially gain access to the Bullish platform, covering multiple product categories including spot, options, perpetual futures, and term futures. The firm will arrange block trades via electronic and voice execution to provide liquidity support for its OTC derivatives and structured products businesses. Marex currently serves over 3,400 active clients, with operations spanning crypto-backed financing, OTC trading, market making and clearing, wealth management, and structured investments. This collaboration integrates Marex's global infrastructure with Bullish's regulated market infrastructure to meet the growing demand from institutional investors for digital asset trading solutions that comply with traditional finance standards. Bullish's trading volume in the first half of 2026 has surpassed $300 billion, with open interest reaching a record high of over $6 billion.
JPMorgan Goes Against the Tide to Stay Bullish on US Stocks: Cherish the "Golden Pit"
Odaily News: Amid pressure from AI giants calling for a slowdown, sticky inflation, and the looming threat of rate hikes, US stocks plunged across the board on Monday, with the Philadelphia Semiconductor Index plummeting nearly 6%. Yet JPMorgan reaffirmed its bullish stance against the tide, warning that blind pessimism can easily lead to missing out on gains.Mislav Matejka, JPMorgan's Head of Global and European Equity Strategy, also once again issued a warning to aggressively bearish investors: while surging oil prices do suppress valuations, blindly betting against US stocks is extremely dangerous before the overall earnings expansion of American companies has been disproven. Once US President Trump subsequently attempts to cool tensions in the Middle East through diplomacy, or if third-quarter earnings exceed expectations, the forces of excessive shorting may face a fierce backlash from returning capital.On this basis, JPMorgan as early as August had already raised its year-end target for the S&P 500 Index from 7,800 points to 8,000 points against the tide, and expects earnings per share of its constituent stocks to surge 29% year-over-year to $350.
Bullish partners with Marex to expand institutional access to digital asset markets
According to an official announcement from Bullish, Bullish (NYSE: BLSH) and diversified global financial services platform Marex Group Limited (NASDAQ: MRX) have announced a partnership. Marex will officially gain access to the Bullish platform, covering multiple product categories including spot, options, perpetual futures, and term futures. The firm will arrange block trades via electronic and voice execution to provide liquidity support for its OTC derivatives and structured products businesses. Marex currently serves over 3,400 active clients, with operations spanning crypto-backed financing, OTC trading, market making and clearing, wealth management, and structured investments. This collaboration integrates Marex's global infrastructure with Bullish's regulated market infrastructure to meet the growing demand from institutional investors for digital asset trading solutions that comply with traditional finance standards. Bullish's trading volume in the first half of 2026 has surpassed $300 billion, with open interest reaching a record high of over $6 billion.
Peter Schiff Mocks Michael Saylor: Claim That Unpassed Clarity Act Is Bullish for Bitcoin Is a "Self-Serving Remark"
Peter Schiff (@PeterSchiff) posted that Bitcoin rallied significantly yesterday, driven by Strategy's latest round of Bitcoin purchases and subsequent bullish remarks from Michael Saylor, who claimed that the Clarity Act's failure to pass into law is actually a net positive for Bitcoin. In response, Schiff sarcastically noted that Saylor would offer a similarly bullish interpretation regardless of whether the bill succeeded, questioning the obvious "self-serving" motives behind his comments.
Tom Lee: Ethereum May See Multiple Bullish Catalysts, ETH/BTC Ratio Hits Highest Since Late January
Odaily reports: Tom Lee, Chairman of Ethereum treasury company Bitmine, stated that ETH has multiple bullish catalysts in the coming months, laying the foundation for an expected surge in institutional buying of cryptocurrencies in the final months of 2026. These include the scheduled CLARITY Act vote in mid-September, South Korean investors re-entering crypto assets and rotating from AI stocks into the crypto market, and the "four-year cycle" pattern.Tom Lee further noted that the ETH/BTC ratio has risen to its highest level since January 30 of this year, breaking above the trendline formed since the pandemic-era peak and establishing a new uptrend. This reflects Ethereum's strengthening position as settlement infrastructure for Wall Street asset tokenization, while the market is increasingly recognizing that Ethereum may play a key role in the Agentic AI space. (PRNewswire)
JPMorgan: Four Reasons for a Bullish Outlook on US Stocks, September Rate Hike Decision Hinges on CPI
According to Chaoxiang Research, JPMorgan’s September 6, 2026 research report highlights four reasons supporting a bullish stance on US equities despite heightened volatility in interest rates, exchange rates, and oil prices: strong growth (GDP and EPS forecasts continue to be raised), interest rates are not too high (rising yields reflect economic expansion rather than monetary tightening), the US favors a weak dollar policy, and hedge fund positioning remains neutral to light. August nonfarm payrolls added 162,000 jobs, far exceeding expectations; however, whether to hike rates in September hinges on the September 11 CPI data, with JPMorgan projecting core CPI to rise 0.21% month-over-month. The MSCI World Index has gained 12% year-to-date, while the 10-year US Treasury yield has climbed by only 60 basis points, and earnings growth is currently absorbing valuations.
UBS Raises S&P 500 Target, Bullish on AI and Earnings Growth Extending the Rally
Odaily News UBS has raised its S&P 500 index target, projecting a target of 8,100 points by December 2026 and further increasing to 8,400 points by June 2027, citing strong corporate earnings growth and sustained economic resilience.UBS expects S&P 500 companies' earnings per share (EPS) to reach $350 in 2026 and $400 in 2027, driven primarily by performance in the technology, semiconductor, and energy sectors.The bank continues to hold a positive outlook on U.S. economic resilience, the Federal Reserve's patient policy stance, and the accelerating adoption of artificial intelligence, believing there is still room for the current bull market to extend.However, UBS also flagged potential risks, including rising oil prices, resurgent inflation, and AI investment returns falling short of expectations, which could weigh on market valuations and upward momentum.
Standard Chartered Bullish on Bitcoin Hitting $100,000 by Year-End: U.S. Treasury Expanding Bond Buybacks Could Be Key Catalyst
Odaily News – Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, stated that Bitcoin (BTC) could rise to $100,000 by the end of 2026 as the U.S. Treasury expands liquidity support for the long-term bond market.In a recent client report, Kendrick noted that Bitcoin's current key technical resistance level is $65,500. If the price breaks through this level, it could signal that the cyclical low for this market cycle has already formed. He suggested investors begin positioning for a Bitcoin rally to $100,000 by year-end. Kendrick stated that beyond the four-year cycle pattern for Bitcoin, which suggests the market may be nearing a bottom, the U.S. Treasury's recent announcement to expand long-term bond buybacks is also a significant catalyst.The U.S. Treasury plans to raise the cap on buyback operations for 10- to 20-year and 20- to 30-year Treasury bonds from $2 billion to at least $4 billion per operation. The expanded program is scheduled to be implemented from September 9 to November 4. Following the announcement, yields on long-term U.S. Treasuries notably declined, easing the pressure that the significant sell-off in the bond market had placed on financial markets.Kendrick believes the Treasury's expanded bond buybacks represent a "favorable environment for Bitcoin," as Bitcoin has previously benefited multiple times from government liquidity interventions, while its fixed supply mechanism gives it properties that hedge against currency debasement. In the market, Bitcoin rose over 6% on Wednesday, briefly approaching $69,000, marking its highest level since early June. Kendrick has previously been repeatedly bullish on Bitcoin's long-term trajectory, arguing that as global fiscal pressures increase and monetary policy trends toward easing, Bitcoin may enter a new long-term upward cycle. (Cointelegraph)
Three Wall Street Firms Recommend Buying Crypto Stocks on the Dip, Say Binance Hack Unlikely to Derail Market Recovery
Odaily report: Analysts from three Wall Street firms—Cantor Fitzgerald, TD Cowen, and Compass Point—all believe that despite Binance suffering an approximately $6.3 billion hack, there is currently insufficient evidence to suggest the incident will threaten the broader crypto market, and the market's prior recovery trend is unlikely to be interrupted as a result.Cantor Fitzgerald analyst Ramsey El-Assal noted that Tether has frozen over $1.5 billion in stolen assets, Circle has frozen approximately $800 million, and Ripple has frozen about $200 million, with Binance stating that the total frozen stolen funds currently amount to roughly $3 billion. He believes the crypto industry is gradually improving its ability to respond to such security incidents and expects crypto-related stocks such as Coinbase, Robinhood, and Strategy to rebound once market panic subsides, recommending that investors buy on the dip.TD Cowen analyst Lance Vitanza believes the attack exposed security weaknesses in Binance's own transaction signing infrastructure rather than flaws in the underlying technology of cryptocurrencies like Bitcoin, and that the market sell-off may present an opportunity to accumulate Bitcoin and shares of listed companies holding Bitcoin.Compass Point analysts believe Binance has sufficient liquidity to cover the funding gap, and expect its excess USDT reserves, BTC reserves, and USDC funds to be adequate to absorb the losses. However, the firm also warned that Binance compensating customers could put pressure on stablecoin supply and may drive users to migrate from centralized exchanges to competing platforms such as Coinbase, Bullish, and Hyperliquid. (CoinDesk)
Trader Killa: Bullish BTC strategy unchanged, won't be swayed by market sentiment fluctuations
Odaily report: Trader Killa posted that he still holds a Bitcoin long position with an entry price of $76,400. His trading plan remains completely unchanged, and he will not move the stop-loss up to the entry price. Instead, he will continue holding until the target price is reached or the stop-loss is triggered. To capture major market moves, one must patiently endure prolonged consolidation ranges and tedious price fluctuations.Killa also stated that frequently changing trading stance is precisely the reason many traders lose money. The key lies in whether the market structure and trading plan have changed; currently, neither has changed, so he will not panic or waver.
Trader Killa: BTC Price Action Has Reproduced 2023 Pattern, Bullish Trend May Continue If Upper Range Boundary Holds
trader Killa has posted that current Bitcoin price action is highly similar to 2023. At that time, after BTC broke out of its consolidation range and posted a higher weekly high, it did not fall back below the previous high, but instead went on to form a higher low. If a similar pattern plays out this time, BTC may hold the upper boundary of its previous range, and the price may not fall back to the previous $74,000 low, but instead bottom out and rebound at a higher level. The current trend remains clearly bullish.
Macro Risks Suppress Bitcoin Bullish Sentiment, Probability of Reaching $100K by Christmas Falls Below 10%
the crypto market is caught in a tug-of-war between bulls and bears: on one hand, digital asset analysts remain bullish; on the other hand, the speculative market as a whole is turning defensive, with risk appetite under continued pressure. Bitcoin briefly fell below $80,000 for the first time in nearly a month. Dragged down by the sell-off in the U.S. stock market's AI sector, risk assets broadly retreated, and the bullish sentiment the crypto market had previously attempted to rebuild was once again undermined.Jeff Anderson, head of STS Digital's U.S. division, said inflation data will "deal a severe blow to risk appetite," while the market is entering a quiet period ahead of the Federal Reserve's policy meeting, with rate expectations still shrouded in uncertainty. Nick Forster, founder of Derive.xyz, said that over the past 24 hours, the market-implied probability of Bitcoin reaching $100,000 by Christmas dropped 2.8 percentage points to 9.7%. He noted that the rapid retreat of long-term bullish bets and the surge in short-term hedging demand indicate that institutional participants are rapidly reassessing macro risk exposure as the interest rate outlook once again becomes murky. (Bloomberg)
Bonk Guy: SI May Have Hit a Local Bottom, Bullish on SI Breaking Its All-Time High
Bonk Guy posted on X platform stating that Super Inu (SI) has maintained price support despite a significant increase in trading volume. Although the largest holder previously sold approximately 4% of the total token supply, the price did not decline further significantly, which he believes may indicate that SI has reached a local bottom.Bonk Guy pointed out that SI is currently at the bottom of its price range. As large holders reduce their positions, the token's holding distribution has noticeably improved, and its appeal to whales and new buyers is increasing.He believes that SI is one of the stronger emerging Meme coin narratives in this cycle. The current risk-reward ratio for going long is attractive, and he expects it to potentially break its all-time high in the future, reaching a market cap of at least several hundred million dollars.
Bonk Guy: Crypto Market May Be Nearing a Turning Point; If Bullish on Q4, Investors Should Actively Buy the Dip
well-known trader Bonk Guy posted that the crypto market may be nearing a turning point. In a worst-case scenario, it could still experience several more weeks of decline or consolidation before potentially entering a sustained rally. He believes that if investors are highly bullish on a token's performance in Q4, the current risk-reward ratio favors actively buying the dip; if a token is expected to break a $1 billion market cap, then the difference between buying at a $20 million or $25 million valuation may not matter much.Bonk Guy also stated that the biggest risk right now is missing the next rally due to the bearish sentiment on Crypto Twitter (CT). He advised against paying too much attention to 1-minute candles and suggested buying the dip and reducing short-term trading.
Three Wall Street Firms Recommend Buying Crypto Stocks on the Dip, Say Binance Hack Unlikely to Derail Market Recovery
Odaily report: Analysts from three Wall Street firms—Cantor Fitzgerald, TD Cowen, and Compass Point—all believe that despite Binance suffering an approximately $6.3 billion hack, there is currently insufficient evidence to suggest the incident will threaten the broader crypto market, and the market's prior recovery trend is unlikely to be interrupted as a result.Cantor Fitzgerald analyst Ramsey El-Assal noted that Tether has frozen over $1.5 billion in stolen assets, Circle has frozen approximately $800 million, and Ripple has frozen about $200 million, with Binance stating that the total frozen stolen funds currently amount to roughly $3 billion. He believes the crypto industry is gradually improving its ability to respond to such security incidents and expects crypto-related stocks such as Coinbase, Robinhood, and Strategy to rebound once market panic subsides, recommending that investors buy on the dip.TD Cowen analyst Lance Vitanza believes the attack exposed security weaknesses in Binance's own transaction signing infrastructure rather than flaws in the underlying technology of cryptocurrencies like Bitcoin, and that the market sell-off may present an opportunity to accumulate Bitcoin and shares of listed companies holding Bitcoin.Compass Point analysts believe Binance has sufficient liquidity to cover the funding gap, and expect its excess USDT reserves, BTC reserves, and USDC funds to be adequate to absorb the losses. However, the firm also warned that Binance compensating customers could put pressure on stablecoin supply and may drive users to migrate from centralized exchanges to competing platforms such as Coinbase, Bullish, and Hyperliquid. (CoinDesk)
Multicoin Capital Partner Claims Crypto Market Has Bottomed, Remains Bullish on SOL, Hyperliquid, and ZEC
: Tushar Jain, Managing Partner of Multicoin Capital, stated that the crypto market has bottomed out and entered a turning point. Market sentiment has truly hit rock bottom, recent major hacking incidents and other news have not triggered large-scale sell-offs, application adoption rates continue to rise, and there is a decoupling between price and fundamentals. He maintains a long-term bullish outlook on Solana, believing SOL represents the correct architecture for spot trading and tokenized securities. Simultaneously, he is bullish on Hyperliquid's leading position in the derivatives space and currently holds significant positions in both.Regarding ZEC, he stated that Multicoin has accumulated a considerable proportion of its supply and believes it represents the industry's return to "cypherpunk" values, with the potential to enter the top five by market cap. In terms of position management, he adopts a "three-way split" strategy: immediately buying the first third, dollar-cost averaging the second third, and reserving the final third as flexible capital to cope with significant market downturns. During the Zcash code vulnerability incident, after the team observed and confirmed no hacker exploitation, they significantly increased their positions.
Consensus Miami: Institutional Investors Remain Cautious Toward Perpetual DEXs; Security Risks and KYC Compliance Are Core Barriers
According to CoinDesk, at the “Perp DEX Explosion: Bullish Volumes and Bear Market Resilience” panel at Consensus Miami, several industry insiders stated that institutional investors are still largely avoiding decentralized exchanges offering perpetual futures (Perp DEXs). Veteran trader Wizard of SoHo pointed out that Drift’s recent multi-million-dollar hack highlights security vulnerabilities in the DeFi ecosystem, making secure onboarding of institutional capital a core competitive focus for major Perp DEXs. Anderson of Canary Labs expressed concern about DeFi’s current security posture, noting that large institutions face significantly greater challenges adopting decentralized exchanges compared to centralized platforms. Additionally, the structural tension between DeFi’s permissionless, open design and institutions’ stringent KYC compliance requirements is seen as a key barrier to scaling adoption. Michaël van de Poppe, founder of MN Fund, shared his views on AI-powered trading tools, stating that AI agents represent an evolutionary extension of algorithmic trading—and that trading will increasingly become fully automated.
Santiment: BTC Social Sentiment Bullish Ratio Hits Four-Month High
According to on-chain data platform Santiment (@SantimentData), as Bitcoin’s price reclaimed the $80,000 level, the ratio of bullish-to-bearish comments on social media rose to 1.37:1.00—the highest in nearly four months—signaling a notable surge in market optimism. However, Santiment cautions that historically, sharp increases in bullish sentiment often serve as warning signs rather than buy signals. When retail FOMO dominates social media discussions, traders tend to enter positions late in the trend, raising the likelihood of local tops, profit-taking, and sudden price volatility. Santiment notes that peak market euphoria frequently coincides with the onset of waning momentum. By comparison, following the Kelp DAO vulnerability incident in mid-April, social sentiment plunged into deeply bearish territory; the exit of “weak-handed investors” instead laid a healthier foundation for the current rally. With sentiment now having reversed dramatically, Santiment advises traders to remain vigilant against potential risks stemming from excessive leverage and overly concentrated positions.
Goldman Sachs Turns Bullish on Stocks and Bonds: Optimistic That AI Stocks Will Drive the Market's Continued Rally
Odaily Report: Goldman Sachs has upgraded its rating on equities to "overweight" for the next three months, while raising its rating on bonds to "overweight" for the next 12 months. In terms of equity allocation, Goldman Sachs is more bullish on AI-related stocks and select high-dividend names.Goldman Sachs stated that improving valuations, resilient corporate earnings, and the trend of slowing inflation will support market performance through 2027. However, the institution also warned that rising yields and geopolitical risks could continue to drive up market volatility.
Bullish partners with Marex to expand institutional access to digital asset markets
According to an official announcement from Bullish, Bullish (NYSE: BLSH) and diversified global financial services platform Marex Group Limited (NASDAQ: MRX) have announced a partnership. Marex will officially gain access to the Bullish platform, covering multiple product categories including spot, options, perpetual futures, and term futures. The firm will arrange block trades via electronic and voice execution to provide liquidity support for its OTC derivatives and structured products businesses. Marex currently serves over 3,400 active clients, with operations spanning crypto-backed financing, OTC trading, market making and clearing, wealth management, and structured investments. This collaboration integrates Marex's global infrastructure with Bullish's regulated market infrastructure to meet the growing demand from institutional investors for digital asset trading solutions that comply with traditional finance standards. Bullish's trading volume in the first half of 2026 has surpassed $300 billion, with open interest reaching a record high of over $6 billion.
Bonk Guy Responds to Buying EMBER: Started Building Position at Around $7M Market Cap, Bullish on Its Launchpad Data Growth
Odaily News: Crypto trader Bonk Guy posted on X platform responding to recent controversy surrounding his purchase of EMBER and explaining his position-building logic. Bonk Guy stated that he first noticed the project when EMBER's market cap was around $3 million but did not buy in. After observing for a day, he revisited his research due to the platform's rapid data growth and bought in from around a $7 million market cap all the way up to a $20 million market cap.Bonk Guy said that EMBER is a major Launchpad built on Meteora, supporting SOL, USDC, and over 150 tokenized stocks as pairing assets for token issuance. It utilizes Meteora Dynamic Bonding Curve technology and offers features such as token fee distribution, Daily Jackpots, and DAO governance.According to his disclosure, Ember has recorded approximately $51.7 million in trading volume, $561,000 in fees, and has cumulatively issued 2,041 tokens within 3 days of launch, with over 41,800 unique holder addresses and 149,000 Solana transactions. BonkGuy compared his Ember purchase to his previous PONS trade, noting that he first saw PONS when its market cap was below $1 million, similarly ignored it for a full day, and then started buying at around a $4 million market cap. Rather than whether a trending token has already emerged, what matters more is observing the real usage data underlying the Launchpad.Additionally, Bonk Guy stated that both Robinhood Chain and BNB Chain have multiple successful Launchpads, while Solana's Meme trading ecosystem has been developing for a longer time, so there is no reason to believe that Solana can ultimately only accommodate one successful Launchpad. He also stated that his trades are not based on market consensus. Some of his most successful trades in the past often came from discovering opportunities before the market formed a consensus; by the time everyone agrees, the asymmetric upside potential has usually already been significantly reduced.Regarding the recent controversy, Bonk Guy said that the claim of "EMBER having over 50% Bubblemaps address clusters" has been clarified by Bubblemaps; his earlier statement that Ember was "launched by Meteora" was also inaccurate—a more precise description is that Ember is built on Meteora-related infrastructure and has now been listed on Meteora's ecosystem page. Bonk Guy emphasized that he has no relationship with the Ember team, and EMBER is a personal trade for him.
Bullish Provides $100 Million GPU-Secured Loan to USD.AI
Bullish is providing a $100 million stablecoin debt facility to USD.AI under Permian Labs to support AI compute loans collateralized by GPU hardware, and plans to issue the sUSDai token.
Bullish Provides $100 Million in Funding to USD.AI to Support GPU-Backed Loans
According to CoinDesk, cryptocurrency platform Bullish will provide $100 million in stablecoin debt financing to USD.AI to support loans collateralized by GPUs and other high-performance computing assets, advancing AI infrastructure development.
Bybit lists Bullish Perpetual Contract Today
Odaily News: Bybit has launched the Bullish USDT perpetual contract today, supporting leverage of up to 20x.
Related news
CZ Responds to SPCX Holding Controversy: Never Stated Plans to Sell, Remains Bullish on Long-Term Value
CZ stated that he never intended to sell his SPCX shares, and that his prior mention of the holding was simply to show that Binance holds assets beyond cryptocurrency. He believes SPCX will remain a worthwhile long-term hold for the foreseeable future, and urged the public not to interpret this matter as a confrontation.
Three Wall Street Firms Recommend Buying Crypto Stocks on the Dip, Say Binance Hack Unlikely to Derail Market Recovery
Odaily report: Analysts from three Wall Street firms—Cantor Fitzgerald, TD Cowen, and Compass Point—all believe that despite Binance suffering an approximately $6.3 billion hack, there is currently insufficient evidence to suggest the incident will threaten the broader crypto market, and the market's prior recovery trend is unlikely to be interrupted as a result.Cantor Fitzgerald analyst Ramsey El-Assal noted that Tether has frozen over $1.5 billion in stolen assets, Circle has frozen approximately $800 million, and Ripple has frozen about $200 million, with Binance stating that the total frozen stolen funds currently amount to roughly $3 billion. He believes the crypto industry is gradually improving its ability to respond to such security incidents and expects crypto-related stocks such as Coinbase, Robinhood, and Strategy to rebound once market panic subsides, recommending that investors buy on the dip.TD Cowen analyst Lance Vitanza believes the attack exposed security weaknesses in Binance's own transaction signing infrastructure rather than flaws in the underlying technology of cryptocurrencies like Bitcoin, and that the market sell-off may present an opportunity to accumulate Bitcoin and shares of listed companies holding Bitcoin.Compass Point analysts believe Binance has sufficient liquidity to cover the funding gap, and expect its excess USDT reserves, BTC reserves, and USDC funds to be adequate to absorb the losses. However, the firm also warned that Binance compensating customers could put pressure on stablecoin supply and may drive users to migrate from centralized exchanges to competing platforms such as Coinbase, Bullish, and Hyperliquid. (CoinDesk)
Trader Killa: Bullish BTC strategy unchanged, won't be swayed by market sentiment fluctuations
Odaily report: Trader Killa posted that he still holds a Bitcoin long position with an entry price of $76,400. His trading plan remains completely unchanged, and he will not move the stop-loss up to the entry price. Instead, he will continue holding until the target price is reached or the stop-loss is triggered. To capture major market moves, one must patiently endure prolonged consolidation ranges and tedious price fluctuations.Killa also stated that frequently changing trading stance is precisely the reason many traders lose money. The key lies in whether the market structure and trading plan have changed; currently, neither has changed, so he will not panic or waver.
Bullish: Qube, Vertalo and zerohash join Issuer-Sponsored Token Consortium
Bullish stated that Qube Research & Technologies, Vertalo, and zerohash have joined the issuer-sponsored token alliance, further expanding the scope of market participants driving the development of issuer-sponsored tokenized securities. The alliance was established by Bullish and Equiniti on September 24, with initial members also including Alpaca, Apex Fintech Solutions, and DriveWealth. It aims to establish relevant standards and infrastructure to bring issuer tokens on-chain while preserving the fundamental relationship between issuers and shareholders. The alliance stated that it remains open and non-exclusive, and will invite more participants to join in the future.
Is the Bitcoin Bullish Superstition Indicator Reappearing? McDonald's McRib Announces Return
McDonald's McRib (the iconic barbecue pork sandwich) is reportedly set to make an official return, available for a limited time in select U.S. cities. Crypto community users have noted that since 2020, every time McDonald's McRib has returned, Bitcoin has subsequently experienced significant rallies. Some crypto community members have even urged investors to "not bet against the McRib." The first batch of cities where McRib will be available reportedly includes: Los Angeles, Chicago, Miami, Atlanta, Philadelphia, and Dallas.
Anthony Pompliano: Bullish on BTC, Gold, and AI; Prediction and Compute Markets Worth Watching
Crypto investor Anthony Pompliano believes that Bitcoin, gold, and land are all expected to perform well over the next 20 years, and that the market has underestimated the development potential of AI. He is also bullish on prediction markets, compute markets, and the application of AI agents in finance, predicting that Tesla and SpaceX will merge.