Veteran trader Peter Brandt says bitcoin has further to fall before its next major advance, telling Trade Secrets show host Ciaran Lyons he expects a bottom near $40,000 to $50,000 in early October, followed by a rally that carries the asset above $250,000 by 2029.
For most of the month, traders had a pretty good explanation for Bitcoin's refusal to budge. A dense cluster of options contracts, they argued, was holding the price in a cage between $60,000 and $65,000, with dealers buying dips and selling rallies to stay hedged.
Solana co-founder Anatoly Yakovenko argues US fair use laws protect AI firms like Anthropic, as the company faces a $1.5B copyright settlement. Solana co-founder Anatoly Yakovenko defends AI firms' right to train on public data, citing US fair use laws.
Ethereum gains 7% as Fundstrat's Tom Lee calls ETH the trust layer for AI agents, reiterating a $250K price target amid capital rotation from Ethereum rises 7% as Tom Lee highlights AI infrastructure gains.