Happy Tuesday!

Bitcoin is trading within the $60,000-$70,000 range as commodity analyst Mike McGlone warns gold’s rally is over and predicts both gold and Bitcoin will languish after their historic runs. What did Bitcoin warn?

Ripple Prime has expanded its integration with HyperliquidX, incorporating HIP-3 products to broaden institutional access to tokenized markets. Find out more on Ripple’s integration.

Plus, join Tim Melvin and Ryan Faloona live as they break down how to separate real opportunity from real risk using Benzinga Pro. Reserve Your Free Seat

TOP STORY

Bitcoin Holds $60K–$70K Range As Analysts Warn Gold's Rally Is Over And Worse Is Coming

“Bitcoin and gold warned us,” said commodity analyst Mike McGlone, noting that Bitcoin’s outperformance stopped after the big money printing in 2020.

“Now crude oil’s spike creates a perfect catalyst,” he added. “This is 9/11, 2008, and 2022 all in one. The stock market’s most expensive in history.” Bitcoin continues trading within a tight range despite the macro chaos. 

Analysts noted that it has stayed within $1,000 of current levels for the past three weeks, showing remarkably low volatility compared to oil and gold.

Find out why the BTC, Gold rally is over for McGlone.

SPECIAL OFFER

Real Estate Stocks Are Falling — Here’s How To Find The Ones Worth Buying

Real estate stocks are being pulled down alongside the broader market, often without distinction between strong operators and weaker ones. That is creating a window to identify mispriced REITs and income-generating assets before the market corrects. Join Tim Melvin and Ryan Faloona live as they break down how to separate real opportunity from real risk using Benzinga Pro.

QUICK N DIRTY

Bitcoin, Ethereum, XRP, Dogecoin is trading lower triggered by concerns over quantum computing risks despite ETF inflows turning positive. Are traders awaiting a buying opportunity at lower levels?

Cardano Midnight partner chain is attracting banks for institutional blockchain infrastructure because it offers programmable privacy and front-running protection that Ethereum and Solana can’t provide natively. Find out about the three banking requirements.

Square’s new feature will allow sellers to accept Bitcoin payments that convert “instantly” to cash at checkout, without any additional setup. Discover more about the feature.

FINTECH FOCUS

Ripple Prime Expands Hyperliquid Integration, Unlocks Institutional Access To Tokenized Commodities Trading

Ripple Prime executive Mike Higgins said that the HyperliquidX integration allows institutional investors to trade tokenized commodities such as gold, silver, and oil 24/7 on-chain perpetual contracts. 

The expansion is expected to increase activity within the HYPE token ecosystem and further advance the market for tokenized real-world assets.

Find out how these developments support XRP and Ripple growth.

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