High Levels of FOMO Hint at Bitcoin Rally Halt After BTC’s Surge Above $64K – AabeyLLC Crypto

Eleven Democrats on the U.S. Senate Banking, Housing, and Urban Affairs Committee are pressing the Trump administration to investigate Binance over allegations that the exchange facilitated illicit finance activity tied to Iran and may be violating its 2023 federal settlement. In a letter sent Friday to Attorney General Pam Bondi and Treasury Secretary Scott Bessent,…

Arthur Hayes, co-founder of BitMEX and a macroeconomic strategist at Maelstrom, has issued a stark warning for crypto investors. He predicts significant turbulence in the crypto market around Donald Trump’s potential inauguration in January 2025. Hayes views this anticipated downturn as a short-term correction within the broader crypto bull market cycle. Crypto Crash Expected in…

Jurrien Timmer, director of global macro at Fidelity, has opined that Bitcoin could “perhaps” become part of “a new world order,” in which the U.S. dollar partially loses its supremacy.  “If the dollar is in a sustained downtrend, it could provide a major tailwind for non-US equities and commodities,” he said.  Timmer pointed to the…