BTSE's Jeff Mei says Bitcoin could fall below $80,000 on a hot CPI print Wednesday or rebound to $86,000 or higher on a soft one. ViaBTC's Jeff Ko calls the print largely priced in and says his constructive view needs spot ETF flows to recover.
Perspective Coverage
4 publishers
- Builder
- Builder 3%
- Operator
- Operator 20%
- Investor
- Investor 77%
Reality
- Evidence42
- Adoption
- Not scored
- Hype gap+18
- Incentives
- Not scored
- Confidence55
Bitget says suspected North Korean attackers took $351.6 million from its hot and warm wallets by spoofing the transaction data that triggers its signing process. Its $464 million user protection fund, held in bitcoin, covers the loss.
Perspective Coverage
10 publishers
- Builder
- Builder 27%
- Operator
- Operator 42%
- Investor
- Investor 31%
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+25
- Incentives70
- Confidence60
buildOne report1 publisher Bitget's own authorization process approved $351.6M in transfers built on spoofed data
Bitget says attackers took over a wallet backend, faked transaction data and got the exchange's own authorization process to move $351.6 million out. No key was reported stolen, so the failure is in where the approvers got their facts.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+10
- Incentives55
- Confidence50
Japan's 3.075% bond yield gives its institutions a reason to keep money at home
Japan's 10-year bond yield hit 3.075%, its highest since 1996, after the Bank of Japan raised its policy rate to 1.25%. BlackRock's scenario for money shifting home from Treasuries puts it at $55 billion, 5% of Japan's $1.1 trillion holding.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+15
- Incentives35
- Confidence45
A $5.5 trillion tokenization forecast asks the market to grow 324-fold by 2030
The SEC published its Innovation Exemption for digital securities this week. The part that binds is a requirement that a tokenized NMS stock carry the same dividends, votes and liquidation rights as the share.
Reality
- Evidence30
- Adoption22
- Hype gap+62
- Incentives88
- Confidence45
Bitcoin Above $79,000: The Squeeze Did More Buying Than The ETFs Did
Two days of spot ETF inflows add to roughly $1.12 billion. The short liquidations cited alongside them are more than three times that, and they only pay once.
Reality
- Evidence32
- Adoption46
- Hype gap+34
- Incentives71
- Confidence38