[Ark Invest: Bitcoin Market Cap Could Reach $16 Trillion by 2030] According to Forbes, Ark Invest, led by Cathie Wood, released a report predicting that Bitcoin's market cap will expand at a compound annual growth rate of approximately 63% over the next five years, growing from the current nearly $2 trillion to $16 trillion by 2030. The report states that Bitcoin is becoming the leader of a new institutional asset class and will drive the crypto market to expand to $28 trillion by 2030 (currently around $2.8 trillion). Analysts expect Bitcoin to account for 70% of the market share, with the remainder dominated by Ethereum, Solana, and others. Previously, Cathie Wood predicted that Bitcoin's price could rise to between $300,000 and $1.5 million by 2030.
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More >Revoke.cash prompts Magic Eden security incident affected users to check settings
Revoke.cash suggests that Magic Eden security incident affected users go to their account page to check the Auto Voting module. If a yellow warning icon appears, they need to restore their address to a regular account in other wallet applications, and then upgrade to a smart account through MetaMask. Ultimate subscribers need to confirm that they have been granted Auto Revoking permission in MetaMask and ensure that their wallet has been upgraded to a MetaMask smart account on the corresponding network.
Matt Hougan: The setback of the CLARITY bill brings short-term benefits to four cryptocurrency sectors
Bitwise Chief Investment Officer Matt Hougan analyzed that after the Senate's procedural vote on September 15th failed to advance the CLARITY bill, four sectors gained an advantage: stablecoin platforms maintained their ability to provide balance rewards to customers, while the original bill imposed a maximum fine of $5 million for violations; Exchanges such as Coinbase and Kraken retain the advantage of merging state-level licenses with brokerage businesses; The tokenization platform has been exempted from trading five-year tokenized stocks by the SEC on September 17th; In terms of repurchase tokens, as of September 30th, NEAR rose 104%, Uniswap rose 49%, Pump rose 19%, and Hyperliquid rose 15%. (Source: Bitcoin.com News)
Axel Adler Jr.:比特币已实现市值 30 天增长 1.2%
[Axel Adler Jr.: Bitcoin's Realized Market Cap Increased by 1.2% Over 30 Days] CryptoQuant analyst Axel Adler Jr. stated that Bitcoin's realized market cap has grown by 1.2% over the past 30 days, equivalent to approximately $12.8 billion, reaching $1.079 trillion on October 2. The growth rate has doubled compared to the previous month, with the on-chain total cost basis continuing to rise.
Arthur Hayes: The AI foam will burst in 12 to 18 months, and the government's assistance will be more favorable
Arthur Hayes, the managing partner of Maelstrom, said that AI was a foam. It was estimated that the data center bill would burst when it expired 12 to 18 months later. At that time, the government would provide trillions of dollars in aid, bringing liquidity benefits to the encryption market. Flop Labs will launch a 90 day FLOP airdrop in late October, distributing 25% of the ten-year supply. The mainnet is scheduled to go live in the first quarter of next year, and miners who contribute GPU computing power to process and reason will receive rewards. (Source: Bitcoin.com News)
US judge rejects class action lawsuit filed by Libra and M3M3 cryptocurrency investors
On September 29th, Jennifer L. Rochon, a federal judge for the Southern District of New York, dismissed a class action lawsuit filed by investors against LIBRA and M3M3 meme coins. The defendants include Hayden Davis, Kelsier Labs, Meteora, and former Meteora CEO Benjamin Chow, and the case was closed on grounds of bias. The court held that the civil RICO claim did not meet the duration requirement, that Meteora, as an unincorporated group, was not adequately claimed, and that the fraud charges against Benjamin Chow did not meet the standard of legal intent. The ruling did not determine whether insider pumping occurred, and the criminal investigation in Argentina is still ongoing.