Search results for Real Vision
Crypto
U.S. Clarity bill stumbles at last minute; Naver Financial-Dunamu tie-up stalls
The crypto industry’s main focus is the United States’ Clarity bill, with four weeks left before a Senate deadline amid pressure from House members, late-stage wrangling over ethics provisions, and banks seeking changes to a stablecoin interest clause. XRP dominated attention this week but remained weak versus bitcoin. Bitcoin forecasts stayed mixed. In South Korea, regulators approved Mirae Asset Consulting’s purchase of Korbit, while the Naver Financial-Dunamu deal was delayed again.
Crypto
Raoul Pal says crypto market cap could reach $100 trillion, downturn is a buying opportunity
Real Vision founder Raoul Pal said the biggest growth phase for the cryptocurrency market has not yet arrived and criticised hasty selling during short-term downturns. He said the market remains in the early stage of a large, long-term transition and that investors underestimate how much crypto and AI could reshape the global economy. Pal argued that if crypto expands from about $2.5 trillion to $100 trillion, investors should not sell early.
Crypto
Tom Lee says crypto has passed through much of bear market, now in mid-cycle correction
Fundstrat co-founder Tom Lee said the cryptocurrency market has already moved through a substantial bear phase and that investor sentiment and positioning now look closer to a bottom than a typical top. He said short positions were at levels usually seen mid-bear market. Real Vision founder Raoul Pal also said the current moves looked like a mid-cycle correction, citing liquidity indicators and an extreme reading in the crypto Fear & Greed index.