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Crypto
Hilbert CIO says bitcoin liquidity dries up, at crossroads between near-term downside and year-end rally
Bitcoin may face near-term downside pressure as global liquidity tightens, though a rebound remains possible if policy responses and liquidity conditions shift, an analyst said. Hilbert Group CIO Russell Thompson sees broader market liquidity shrinking another 20 to 25 percent. He highlighted U.S. policy variables including SLR rule changes, the Treasury General Account and possible Fed rate cuts. He said bitcoin could end the year significantly higher if liquidity resumes sooner than expected.
Games & Commerce
Pearl Abyss\' Red Desert hits 5 million cumulative sales in 26 days
Pearl Abyss said on Tuesday that global cumulative sales of its game Red Desert reached 5 million copies. The company said it achieved the milestone 26 days after release. It said this was a faster pace than the five months it took Clair Obscur: Expedition 33, last year\'s Game of the Year winner at The Game Awards, to sell 5 million copies. ContentFlux data showed heavy Twitch and YouTube activity from March 20 to April 14.
Crypto
Raoul Pal says bitcoin could have room to hit $140,000; what underpins the market rethink?
Expectations of expanding global liquidity are reviving scenarios for a renewed rise in bitcoin, with some in the market leaving room for fresh highs if a liquidity shift materialises. Former Goldman Sachs executive and macro investor Raoul Pal says bitcoin is in an undervalued phase relative to global liquidity conditions and could jump sharply if liquidity expands. He sees a possible liquidity surge in the first quarter of 2026.