Galaxy Slashes Bitcoin Price Target for 2025 as BTC Enters ‘Maturity Era’

Galaxy Lowers Bitcoin End-of-Year Price Target from $185,000 to $120,000

Institutional crypto firm Galaxy has revised its end-of-year price target for Bitcoin, lowering it from $185,000 to $120,000. This adjustment comes in the wake of Bitcoin (BTC) falling below the $100,000 mark for the first time in six months.

In a note to its clients on Wednesday, Galaxy attributed this change to recent market developments, including a significant drop in BTC’s price and a $2 billion wave of liquidations that swept through the market on Tuesday. According to the firm, Bitcoin is now entering what it terms the “maturity era,” characterized by reduced volatility and increased stability.

### Bitcoin’s “Maturity Era” and Market Implications

Galaxy explains that during this new phase, market dynamics will be dominated by institutional absorption, passive investment flows, and lower volatility levels. As a result, the firm anticipates that Bitcoin’s gains will be more gradual moving forward, with prices expected to approach—but not exceed—previous all-time highs by the end of the year.

Recently, Bitcoin has been trading around $103,923, marking a 3% increase following Tuesday’s market upheaval. However, this price still represents an approximate 18% decline from its all-time high of $126,080 set just last month, according to data from CoinGecko.

### Shifting Market Dynamics

Galaxy’s analysis highlights several factors working against Bitcoin’s favor in the current market:

– The record $19 billion liquidation cascade on October 10, triggered partially by President Trump’s threats of massive tariffs on China, has shaken investor confidence and reduced market liquidity.

– Alternative assets, such as gold and AI-focused stocks, have started to compete more aggressively with Bitcoin for investors’ attention.

– The growing popularity of stablecoins has also diverted interest away from Bitcoin within the crypto space.

### Policy Developments and Investor Sentiment

On the policy front, expectations for a Bitcoin strategic reserve were high when President Trump took office in January. While an executive order was signed to establish such a reserve, there have been no subsequent Bitcoin purchases, and government communication on the initiative has been minimal, Galaxy noted.

Additionally, retail investor enthusiasm for crypto has waned significantly since 2021. Galaxy describes retail buyers as largely “apathetic” toward Bitcoin, with the previous year’s meme coin surge providing only a temporary boost in attention that has yet to translate into sustained confidence in Bitcoin.

### Future Outlook for Bitcoin Treasury Companies

Galaxy also predicts changes for companies holding Bitcoin on their balance sheets. Whereas stock prices for these firms previously rose in tandem with Bitcoin’s price, the cooling momentum means that generating revenue through other means will become necessary.

### Market Predictions

According to predictors on Myriad—a platform developed by Decrypt’s parent company, Dastan—there is a 64% likelihood that Bitcoin will reach $115,000 before it drops to $85,000.

As Bitcoin transitions into this new phase of maturity, investors and market observers will be closely watching how these evolving dynamics shape the outlook for the world’s leading cryptocurrency.
https://decrypt.co/347449/galaxy-slashes-bitcoin-price-target-2025-btc-enters-maturity-era

Dallas Cowboys Make Two Trades at Trade Deadline to Bolster Defense

The Dallas Cowboys recently made significant moves to bolster their roster ahead of the upcoming seasons.

According to reports from NFL Network’s Ian Rapoport, Tom Pelissero, and Mike Garafolo, the Cowboys acquired Williams in a trade that involved multiple assets. Dallas sent a 2026 second-round pick, a 2027 first-round pick, and defensive tackle Mazi Smith to complete the deal.

An interesting detail in this trade is that New York will receive the higher of the Cowboys’ two first-round picks in 2027. This is possible because Dallas holds both its own and Green Bay’s first-round selections, thanks to the Micah Parsons trade earlier this year.

In a separate transaction, the Cowboys also acquired linebacker Logan Wilson from the Bengals. For Wilson, Dallas traded away a 2026 seventh-round draft pick.

These moves highlight the Cowboys’ commitment to strengthening their defense and positioning themselves for sustained success in the coming years.
https://sanangelolive.com/news/sports/2025-11-05/dallas-cowboys-make-two-trades-trade-deadline-bolster-defense

Government shutdown puts NY HEAP on hold

The federal Home Energy Assistance Program (HEAP), which helps low-income New Yorkers afford heating and cooling, has been indefinitely delayed due to the ongoing government shutdown.

As a result, approximately 1.5 million households are now at risk of going without heat this winter. This delay raises serious concerns about the well-being of vulnerable populations as colder months approach.

Efforts to resolve the shutdown and resume the program are critical to ensuring that those in need can access essential heating and cooling assistance in time.
https://www.news10.com/capitol/heap-delays-new-york-shutdown/

Coinbase Eyes $2B Stablecoin Deal That Could Change Everything

**Coinbase Eyes $2 Billion Stablecoin Deal That Could Change Everything**

Coinbase is in advanced negotiations to acquire stablecoin infrastructure startup BVNK for approximately $2 billion. The exchange secured exclusive negotiating rights after winning a competitive bidding process for the London-based startup. Due diligence is already underway, and the deal could close by the end of this year or early 2026.

Stablecoins currently generate nearly 20% of Coinbase’s total revenue in the third quarter, highlighting the sector’s growing importance to the company. Coinbase Ventures already backs BVNK alongside Citi Ventures, Haun Ventures, and Visa, indicating strong investor confidence in the startup’s potential.

### Exchange Pursues BVNK Acquisition

According to Bloomberg, Coinbase Global Inc. is in negotiations to purchase BVNK, though the transaction terms remain flexible, and changes could still occur before finalization. Insiders confirm that both companies are moving forward with the acquisition process.

Coinbase secured exclusive negotiating rights after winning a competitive bidding process and has been actively exploring ways to strengthen its stablecoin infrastructure. BVNK’s merchant network and compliance systems are expected to enhance Coinbase’s payment capabilities significantly.

The startup’s backers include Coinbase Ventures, Citi Ventures, Haun Ventures, and Visa, all of whom hold stakes in the London-based company. A Coinbase spokesperson stated that the exchange “actively explores opportunities to advance its mission of expanding economic freedom.”

### Stablecoins Drive Revenue Growth

Stablecoins generated nearly 20% of Coinbase’s total revenue in the third quarter, underscoring their vital role in the company’s business model. Coinbase earns income through its partnership with Circle Internet Group, the issuer of USDC, which allows Coinbase to receive a share of interest generated on reserves.

To promote mainstream adoption, Coinbase has integrated USDC into Shopify’s payments ecosystem. Additionally, the company recently partnered with Citigroup to pilot new initiatives aimed at expanding stablecoin usage further.

This potential acquisition underlines Coinbase’s strategic focus on the stablecoin payments sector, which continues to grow rapidly. If completed, the deal could significantly enhance Coinbase’s position in the evolving digital payments landscape.
https://bitcoinethereumnews.com/tech/coinbase-eyes-2b-stablecoin-deal-that-could-change-everything/?utm_source=rss&utm_medium=rss&utm_campaign=coinbase-eyes-2b-stablecoin-deal-that-could-change-everything

Grayscale Research Chief Forecasts $5B Inflows for US Solana Spot ETFs

**Solana ETFs Poised for Rapid Growth, Could Rival Bitcoin and Ethereum Products**

*By Zabi*

Zach Pandl, head of research at Grayscale Investments, believes Solana exchange-traded funds (ETFs) could soon rival the success of Bitcoin and Ethereum investment products. He expects that within one to two years, about 5% of all Solana tokens could be held in regulated exchange-traded structures—a share worth over $5 billion at today’s prices.

Pandl made this prediction following the launch of the Grayscale Solana ETF (GSOL) and Bitwise Solana ETF (BSOL) this week. Both products mark a new chapter for the fast-growing market of crypto-based investment vehicles.

### Strong Debut for New Solana ETFs

Bitwise’s BSOL began trading on Tuesday, drawing $129 million in inflows within its first two days, according to Bloomberg ETF analyst Eric Balchunas. Grayscale’s GSOL, which launched the next day, recorded $4 million on its first trading day.

Despite being a day behind, analysts described GSOL’s early performance as strong, given the increasingly crowded market. Pandl said Grayscale expects Solana ETFs to become multi-billion-dollar businesses as investor interest broadens.

### From Niche to Mainstream: Crypto ETFs Gain Ground

Exchange-traded products (ETPs) allow investors to obtain cryptocurrency exposure through traditional brokerage and retirement accounts. This structure enables participation in the asset class without requiring direct ownership of digital tokens.

According to the Investment Company Institute, U.S.-listed ETFs held over $10 trillion in assets by the end of 2024, accounting for 26% of all managed assets. Crypto ETFs represent only a small fraction of this total, but their growth has been rapid. Bitcoin ETPs currently manage $149 billion, while Ethereum products hold $26 billion, across roughly 20 funds.

### Regulation Remains a Concern

Not all financial institutions share Grayscale’s optimism. Earlier this week, Charles Schwab warned that crypto remains lightly regulated, even as the U.S. Securities and Exchange Commission (SEC) continues to approve new ETPs.

> “The SEC’s hands-off stance means higher risk for investors,” the firm said, noting that the crypto sector lacks the oversight applied to equities and bonds.

### GSOL Evolution: From Trust to ETF

Grayscale’s Solana product, GSOL, originally launched as a private trust in 2021, holding around $100 million in Solana tokens. Its conversion to an ETF this week makes the fund more flexible, allowing it to trade closer to the actual value of its holdings.

The shift eliminates the large premiums and discounts often seen in closed-end crypto trusts. Pandl said the conversion opens access to a broader range of investors while improving liquidity and pricing transparency.

### Competition and Diversification Ahead

Solana’s debut comes as Hedera and Litecoin ETFs also enter the market, though their inflows remain modest. More than a dozen additional crypto-based funds are expected to seek approval soon.

Pandl expects investor interest to gradually shift toward diversified crypto ETPs, which provide exposure to multiple tokens simultaneously.

> “Many investors will prefer simpler, diversified options that reduce the complexity of evaluating each token,” he said.

### Staking Adds a New Source of Yield

Unlike Bitcoin ETFs, Solana investment products can offer staking rewards, a feature unique to proof-of-stake networks. By locking Solana tokens to help secure the blockchain, investors can earn an estimated annual yield of 5.7%, according to Solana Compass.

Pandl confirmed that GSOL will distribute 77% of staking rewards to its holders, calling it “a game changer for crypto demand.” He described staking as a new income stream that could help investors diversify portfolio returns.

### Distinct Roles for Solana and Ethereum

Pandl said Solana and Ethereum will likely develop distinct roles in the digital asset ecosystem, despite both being smart contract platforms. He pointed to growing adoption of stablecoins and tokenized assets as key drivers of institutional interest.

> “They differ in design, and that gives each blockchain its own lane,” Pandl explained. “Investors can benefit from holding both as part of a balanced crypto strategy.”

### Disclaimer

This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

### About the Author

**Zabi** is a crypto enthusiast with more than 10 years of experience in managing Google News-approved finance websites. Zabi has a strong background in finance with a thorough understanding of cryptocurrencies and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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– **LMAX Group Strategist Sees Bitcoin Ready for a Full Recovery**
LMAX Group strategist Joel Kruger believes Bitcoin and the crypto market are staging a strong comeback after weeks of struggle following the October 10th market drops.

– **Bitwise Says a 5% Capital Rotation from Gold to Bitcoin Could Push BTC to $242,000**
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– **Ethereum Closes in on Bitcoin Annual Performance Following Strong Q3**
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– **Citibank Predicts Bitcoin to Hit $231K, Ethereum $7.5K in Coming Months**
Global banking giant Citibank has released new 12-month price targets for the world’s two largest cryptocurrencies.

For more updates and detailed analyses, stay tuned to The Crypto Basic.
https://thecryptobasic.com/2025/10/31/grayscale-research-chief-forecasts-5b-inflows-for-us-solana-spot-etfs/

Form of payment native of 9 or 16 announced Crossword Clue

That should be all the information you need to solve the crossword clue: **Form of payment native of 9 or 16 announced**.

Be sure to check more clues and solutions on our [Crossword Answers](#) section for additional help with your puzzles.

The post **Form of payment native of 9 or 16 announced Crossword Clue** appeared first on Try Hard Guides.
https://tryhardguides.com/form-of-payment-native-of-9-or-16-announced-crossword-clue/

Listen to the Facebook (META) Q3 2025 earnings call here

This afternoon, Facebook (META) will report its earnings for the latest financial quarter. Shortly after, the company will hold an earnings call to discuss the results with investors.

If you’re interested in listening to the conversation, you can join Meta’s Q3 2025 earnings call today, October 29, at 1:30 p.m. PT / 4:30 p.m. ET.

We’ll be streaming the call on our Twitch and X accounts. Additionally, Meta will host the call on their investor relations website.

Stay tuned to catch all the important updates from Meta’s latest financial performance.
https://www.shacknews.com/article/146569/listen-to-meta-q3-2025-earnings-call

Exclusive-China buys three US soybean cargoes ahead of Trump-Xi meeting, sources say

**Exclusive: China Buys Three U.S. Soybean Cargoes Ahead of Trump-Xi Meeting, Sources Say**

*By Ella Cao and Naveen Thukra | Reuters | October 29, 2025*

China’s state-owned company COFCO purchased three U.S. soybean cargoes this week, according to two trade sources. This marks the country’s first purchases from this year’s U.S. harvest ahead of the upcoming summit between leaders Donald Trump and Xi Jinping.

COFCO bought approximately 180,000 metric tons of soybeans for shipment in December and January through Pacific Northwest port terminals, the sources added.

COFCO did not immediately respond to a Reuters request for comment.

Benchmark Chicago soybean futures prices jumped this week to their highest levels in 15 months. The rise came as prices rebounded from recent five-year lows on hopes for a U.S.-China trade deal.

*Excerpt from Reuters. Read more at msn.com.*

*Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by applicable copyrights.*
https://freerepublic.com/focus/f-chat/4349389/posts

“Worth much more” “He’s stuck in Utah”: NHL fans react as Mammoth locks-in Logan Cooley to $80M, 8-year extension

The Utah Mammoth have officially signed forward Logan Cooley to a long-term deal.

On Wednesday, Cooley agreed to an eight-year contract worth $80 million. This comes after he became eligible to sign with the team starting July 1.

The commitment highlights the Mammoth’s confidence in Cooley’s abilities and their plans for the future. Fans can look forward to seeing the talented forward continue to make an impact on the ice for years to come.
https://www.sportskeeda.com/us/nhl/news-worth-much-more-he-s-stuck-utah-nhl-fans-react-mammoth-locks-in-logan-cooley-80m-8-year-extension

Electronic Arts (EA) won’t post earnings results or host conference calls pending leveraged buyout

Electronic Arts (EA) is currently undergoing a significant acquisition, and as a result, the company will not be hosting earnings results for the time being. The ongoing leveraged buyout has effectively put a halt to conference calls and insights into EA’s quarterly performance.

Shacknews confirmed with Monica Roldan, Program Manager and Executive Assistant at Electronic Arts (EA) Investor Relations, that the company will not be posting earnings results or hosting conference calls due to the pending leveraged buyout. Investors and consumers had been eagerly awaiting the Q2 FY26 earnings results, but those updates will be delayed amidst the acquisition process.

EA recently announced a $55 billion sale involving Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners. This leveraged buyout is set to be an all-cash transaction, promising to return $210 per share to the company’s stockholders.

However, the deal has not been met with universal approval. Worker unions and several U.S. senators have expressed concerns and pushed back against the acquisition. Their apprehension centers around fears that some studios under EA may be labeled as “less profitable,” despite these studios playing a crucial role in shaping EA’s reputation and contributing significantly to its success.

As the acquisition progresses, more details and updates are expected, but for now, EA’s earnings disclosures remain on hold.
https://www.shacknews.com/article/146563/electronic-arts-ea-wont-post-earnings-results

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