Senin, 20 Oktober 2025

Is Bitcoin's ‘bull run’ over?


Plus, Tom Lee says ETH could overtake BTC the same way Wall Street dethroned gold after '71.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

Your weekly roundup of the 🔥hottest news in crypto:

Bitcoin's 'Bull Run' Over? Ether Supercycle May Be Starting & Other News

Oct. 12 - 18

#1

'Bitcoin smells trouble' as banks are stressed and 'yields are puking' - Strike CEO

Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows.

Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserve's inevitable response will drive BTC prices higher.

"Bitcoin is accurately smelling trouble right now," he said on the Primal social media platform on Friday. "The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom."

Get the full story

#2

'Ethereum could flip Bitcoin' like Wall Street flipped gold: Tom Lee

Ethereum could eventually surpass Bitcoin's market share in a similar manner to how US equities overtook gold 54 years ago, when the US abandoned the gold standard, according to BitMine chair Tom Lee.

"Ethereum could flip Bitcoin similar to how Wall Street and equities flipped gold post-71," Lee said in an interview with ARK Invest CEO Cathie Wood on Thursday.

Bitcoin's market capitalization is about 4.6 times larger than Ethereum's, standing at roughly $2.17 trillion compared to $476.33 billion, according to CoinMarketCap. Lee, who oversees BitMine's Ethereum accumulation strategy, suggested Ethereum could rise in the same way the US dollar rose to dominance after 1971, when US President Richard Nixon made the US dollar "fully synthetic" and no longer backed by gold.

#3

Ripple seeks to buy $1 billion XRP tokens for new treasury: Report

Ripple Labs is reportedly on the cusp of launching a fundraising effort to purchase $1 billion worth of its XRP token to hold in a digital asset treasury, according to Bloomberg.

The fundraiser is being organized through a special purpose acquisition company or SPAC, Bloomberg reported on Friday, citing anonymous people with knowledge of the matter.

The digital asset treasury will consist of the freshly bought XRP and Ripple will also throw in some of its own stockpile, but the exact terms of the transaction are still being hashed out and could change before the deal is inked, according to Bloomberg's sources.

Prediction of the Week

Bitcoin 'bull run is over,' traders say, with 50% BTC price crash warning

Bitcoin fell to $103,500 on Friday, resulting in over $916 million in liquidations of leveraged long positions and dampening sentiment in BTC markets.

Investors appear to be losing confidence after two straight weeks of failing to hold prices above $110,000. But does this mean the bull run is over?

Bitcoin may only have a few days of price expansion left in the cycle, especially if it follows historical patterns from past bull runs, according to pseudonymous analyst CryptoBird.

The Bitcoin "bull run ends in 10 days," the analyst said in an X thread on Tuesday, basing the forecast on previous cycles.

Cycle Peak Countdown shows that the Bitcoin bull run is 99.3% done, as weak hands are shaken out "in a classic pre-peak pattern," the analyst said.

FUD of the week

Swiss regulator GESPA takes aim at FIFA's NFT platform in formal complaint

Switzerland's Gambling Supervisory Authority (GESPA), the country's gambling regulator, has filed a complaint against FIFA's non-fungible token platform FIFA Collect, alleging that it is an unlicensed gambling provider.

On Friday, GESPA announced the complaint, alleging the platform's "competitions," which feature user rewards like airdrop campaigns and challenges, constitute gambling under current Swiss regulations due to the element of chance in claiming rewards. GESPA wrote:

"Participation in the competitions is only possible in exchange for a monetary stake, with monetary benefits to be won. Whether participants win a prize depends on random draws or similar procedures."

FUD of the week

Ocean, Fetch.ai feud escalates to legal threats as Binance restricts deposits

A feud between Fetch.ai CEO Humayun Sheikh and the Ocean Protocol Foundation has escalated into legal threats, onchain accusations and a reaction from Binance, all centering on about 286 million Fetch.ai (FET) tokens worth about $84 million.

The conflict stems from the Artificial Superintelligence Alliance, a 2024 merger that combined AI-focused crypto projects Fetch.ai, Ocean Protocol and SingularityNET under a shared token framework.

On Wednesday, Sheikh alleged that Ocean Protocol minted and transferred millions of OCEAN tokens before the merger. He said the project later converted them into FET and moved large sums to centralized exchanges and market-making firms without proper disclosure.