Cryptocurrency markets saw a recovery this week after four weeks of downside momentum. Bitcoin’s price hit $90,000, bringing relief to ETF holders. Cathie Wood of ARK Invest maintains a $1.5 million Bitcoin price prediction. Interest rate cut odds in the US have risen to 85%. Bitcoin is facing its worst November in seven years, down 17% monthly. Equities and crypto markets may reverse as liquidity improves post-government shutdown.
Liquidity is returning to markets post-government shutdown, with $70 billion back and $300 billion expected. The US Federal Reserve will end quantitative tightening on Dec. 1, shifting to quantitative easing. ARK Invest suggests a potential market reversal as conditions improve. Cathie Wood expects a liquidity squeeze in crypto and AI markets to ease in the next few weeks.
The UK proposes a tax overhaul for DeFi users, deferring capital gains tax until tokens are sold. HM Revenue and Customs suggest a “no gain, no loss” approach for DeFi activities. Taxable gains or losses will be calculated when liquidity tokens are redeemed. Currently, all deposits into protocols may be subject to capital gains tax. In the UK, capital gains tax rates can vary from 18% to 32%, signaling a positive step for UK crypto regulation. HMRC’s approach is seen as beneficial for DeFi users. DWF Labs launches a $75 million fund for DeFi projects to support institutional adoption, focusing on innovative value propositions across various blockchains.
Balancer community proposes a plan to distribute $8 million recovered from a hack, aiming for non-socialized reimbursements to specific liquidity pools. The Balancer hack was considered one of the most sophisticated attacks in 2025, emphasizing the need for user safety. Nasdaq-listed Enlivex plans to raise $212 million to invest in Rain token, showing interest in the emerging prediction markets sector.
In the DeFi market overview, the SPX6900 memecoin saw a 43% increase, with Kaspa’s token rising by 39% in the past week. The total value locked in DeFi continues to show growth. Stay tuned for more DeFi developments and insights next week. 1. The stock market saw a significant increase today, with the S&P 500 reaching an all-time high of 4,300 points. This surge was driven by positive economic data, including strong job growth and increased consumer spending.
2. The latest unemployment report revealed that the U.S. added 850,000 jobs in June, surpassing economists’ expectations. The unemployment rate also dropped to 5.9%, the lowest since the start of the pandemic, signaling a strong recovery in the labor market.
3. In international news, tensions are rising between China and the United States over cybersecurity concerns. The U.S. accused China of hacking Microsoft Exchange servers, leading to a global cyberattack. This incident has further strained relations between the two superpowers.
4. The Tokyo Olympics are set to begin soon, with strict COVID-19 protocols in place to ensure the safety of athletes and spectators. Despite concerns about the pandemic, the games are moving forward, with athletes from around the world ready to compete in various sports.
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– Bitcoin hits new all-time high of $64,863 as institutional adoption grows. Experts predict continued rise in value due to increased interest from major financial institutions.
– Ethereum reaches record high of $2,487. Market analysts attribute surge to growing popularity of decentralized finance applications built on the Ethereum blockchain.
– Dogecoin experiences 300% price increase in 24 hours after Elon Musk tweets support. Cryptocurrency enthusiasts speculate on potential for future gains.: Cathie Wood’s ARK Sticks To $1.5M Bitcoin Target, Predicts Market Recovery