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Selasa, 07 Januari 2025

🎯Bitcoin traders target $138K; Polymarket predicted PM resigning

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Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

🤔 Is 138k next for Bitcoin?

🎰 Polymarket users bet on Canadian PM

🎧 'Dogecoin will finally hit $1' in 2025 as frenzy continues

📰 Keep reading to find out more about all of today's top stories

Bitcoin traders target $138K BTC price after Coinbase premium hits 'breakeven point'


The return of the Bitcoin "Coinbase premium" could be a sign that BTC price is on the path to $138,000.

Bitcoin's rice is up 8.5% in 2025, with the collective crypto market turning bullish ahead of President-elect Donald Trump's inauguration on Jan. 20.

With BTC breaking past $100,000 yet again, multiple analysts presented new all-time high targets for the largest crypto asset in the coming days.

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Polymarket users bet on Canadian PM resigning before official announcement

Canadian Prime Minister Justin Trudeau has announced he will step back as his political party's leader and resign as prime minister once officials choose a successor.

Prior to the Jan. 6 press conference, the odds of Trudeau resigning on cryptocurrency betting platform Polymarket steadily increased, with users betting he intended to step down by the end of the day. The website also gave users the choice to bet on who could become Canada's next prime minister after the next election, with 91% odds on Conservative Party leader Pierre Poilievre at the time of publication.

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Gemini agrees to a $5M penalty as part of proposed CFTC order

The US Commodity Futures Trading Commission (CFTC) has reached an agreement with Gemini Trust Company that could allow the firm to avoid a civil trial if approved by a judge.

According to a Jan. 6 filing in the US District Court for the Southern District of New York, the CFTC filed a proposed consent order to resolve all outstanding claims against Gemini. If approved, Gemini would be required to pay a $5-million civil monetary penalty and be enjoined from "making false or misleading statements" to the CFTC.

Rise'n'Crypto · Episode

'Dogecoin will finally hit $1' in 2025 as whales go on buying frenzy

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