News & Research

Matthew Sigel, Head of Digital Assets at VanEck, predicted on X that Bitcoin's market capitalization is expected to reach half that of gold following the next halving. He noted that based on today's peak gold prices, this would translate to a BTC price of $644,000.

Coinbase announced that it has added DoubleZero (2Z) to its listing roadmap.

CoinMarketCap's Altcoin Season Index has risen four points from the previous day to 62. The index is calculated by comparing the price performance of Bitcoin against the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. An "altcoin season" is indicated when 75% of these top coins outperform Bitcoin over the preceding 90 days. A reading closer to 100 suggests a stronger altcoin season.

The Crypto Fear & Greed Index stands at 70, down one point from the previous day but remaining in the greed category, according to data from Alternative. The index measures market sentiment on a scale from 0, indicating extreme fear, to 100, representing extreme optimism. It is calculated based on factors including volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin dominance (10%), and Google search volume (10%).

The Republican-led U.S. Senate has rejected competing budget proposals from both the Democratic and Republican parties, according to media reports. A Democratic-backed appropriations bill failed to pass on a 45-50 vote, while a separate temporary spending bill from the Republicans also failed to secure enough votes. As a result, the U.S. government shutdown is expected to continue for the time being.

A governance proposal has been submitted to the Polygon (POL) community to change the project's tokenomics by introducing a buyback system aimed at curbing inflation. The plan, put forward by active Polygon investor Venturefounder, would use treasury funds to continuously purchase POL. The goal is to eliminate the existing inflation rate of approximately 2%.

Expectations for an altcoin season are growing as the TOTAL3 index, which tracks the total cryptocurrency market capitalization excluding Bitcoin, has reached an all-time high, Cointelegraph reports. The outlet noted that the index hit $1.18 trillion on Monday and set a new all-time weekly high on Sunday. Further supporting this outlook, USDT's market dominance has fallen sharply over the past week from 4.74% to 4.18%. This suggests that funds are rotating from stablecoins into riskier assets amid rising market confidence. The last time this figure was below 4% was in January, the report added.

Switzerland's Gambling Supervisory Authority (Gespa) is investigating whether the International Federation of Association Football's (FIFA) 2026 World Cup non-fungible token (NFT) constitutes gambling, Bloomberg reported. The NFT, officially called a Right to Buy (RTB), grants holders the right to purchase match tickets for a specific team. A key feature of the offering is that the NFTs are priced higher for teams considered more likely to win the tournament. Gespa explained that while no illegality has yet been confirmed, it plans to conduct a comprehensive review of the facts to make a determination.

Cryptocurrency wallet MetaMask has launched a $30 million rewards program ahead of its planned token release, Decrypt reported. The program is linked to the token launch and will be available to service referrers, users of the mUSD stablecoin, and partners.

Cathie Wood's Ark Invest has acquired a 3.25% stake in Securitize, a company specializing in tokenization, according to CoinDesk.