TL;DR

• CleanSpark's CEO predicts Bitcoin could reach nearly $200,000 within the next 18 months.

• Binance plans to list EigenLayer and assign seed tags to it.

• Japan is set to review its cryptocurrency regulations and may reduce taxes on digital assets.

• Bithumb is exploring the possibility of getting listed on NASDAQ in the U.S.

• CoinShares reported that digital asset investment products saw inflows of $1.2 billion last week.

• The Ethereum Foundation sold 100 ETH just 10 minutes ago, with a total of 3,766 ETH sold this year.

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Alpha of the Day

CleanSpark’s $200K Bitcoin Prediction: Too Good to Be True?

CleanSpark's CEO just dropped a bold prediction that Bitcoin might hit nearly $200,000 within the next 18 months. Cue the collective gasp of crypto enthusiasts everywhere. While this sounds like the perfect plot for a sci-fi movie where Bitcoin takes over the world, the CleanSpark team is betting big on BTC's future. Of course, it’s not all hopium—there’s some logic behind the madness, with growing institutional interest and the upcoming halving. But seriously, $200K? Get ready to hodl like never before.

Binance’s Seed Tags and EigenLayer: It’s Getting Layered

Binance is stepping up its game by listing EigenLayer, but here’s the kicker—they’re slapping on some fancy “seed tags” with it. What does that mean? Well, it's kind of like a crypto Tinder bio for EigenLayer, helping it stand out in a crowded market. Binance is basically adding another layer of coolness to their offerings, giving investors even more options to play with. So, if you're into layering your investments like you layer your fall outfits, EigenLayer might just be your next big thing.

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Japan’s Crypto Rules: Cutting Taxes, Cutting Stress

Japan is getting ready to shake things up with its crypto regulations. Word on the street is that they might be lowering taxes on digital assets, which is basically music to every crypto trader's ears. Imagine making gains without the dreaded tax monster breathing down your neck. Japan seems to be aiming for a more crypto-friendly future, and it’s about time. If the review goes as planned, they could be setting a new gold standard—or should we say "crypto standard"?—for other nations to follow.

Bithumb Eyeing NASDAQ: Going Global

Bithumb, the South Korean crypto exchange, is looking at making a splash on U.S. soil by getting listed on NASDAQ. Yep, they're thinking of taking their game global. If this happens, Bithumb could become a household name in the U.S., and maybe your grandma will finally stop calling it “Bit thumb” at Thanksgiving dinner. Going NASDAQ isn’t just a big deal for Bithumb—it’s a sign that crypto exchanges are pushing for more mainstream acceptance. Watch out, Wall Street, the crypto kids are coming.

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CoinShares’ Big Week: $1.2 Billion in Digital Asset Inflows

CoinShares just reported that digital asset investment products saw a casual $1.2 billion inflow last week. No biggie, right? This surge in interest is like finding out everyone suddenly wants to be in the cool kids' crypto club. With this kind of capital flowing in, it’s clear that investors are still bullish, despite all the market drama. If crypto was a high school cafeteria, CoinShares is sitting at the popular table right now. And, let's face it, everyone wants a seat.

Ethereum Foundation’s ETH Sell-Off: Is It Shopping Season?

The Ethereum Foundation is in a selling mood, offloading 100 ETH just 10 minutes ago, with a total of 3,766 ETH sold this year. Maybe they’re saving up for holiday shopping, or maybe they just have a keen sense of when to cash out. Either way, the crypto community is keeping a close eye on these moves, wondering if it signals something bigger. It’s like when a celebrity sells their mansion—people start asking, “Do they know something we don’t?”

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