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Venture capitalist Tim Draper predicts Bitcoin will reach $250,000 within 18 months, citing inflation pressure and dollar weakness as key drivers for the forecast.
Bitcoin's 30-day average funding rate has been negative for 46 consecutive days. Analysts suggest price and open interest rising together indicate potential short squeeze and upward breakout.
Joongheung Construction Industry extended a 9 billion won loan to affiliate Joongheung Construction for operating funds at 4.6% interest rate, with total outstanding balance reaching 221.5 billion won.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.