
Cantor Fitzgerald Predicts Bitcoin Bear Market Nearing End, Market Bottom Expected in Coming Months
Investment bank Cantor Fitzgerald suggests Bitcoin's bear market may be nearing its end, anticipating a market bottom in the coming months.

◆ Top story // Markets
Investment bank Jefferies has advised against buying shares in Circle, the issuer of the USDC stablecoin, citing new competition from the Stripe and Coinbase-backed Open USD.

Investment bank Cantor Fitzgerald suggests Bitcoin's bear market may be nearing its end, anticipating a market bottom in the coming months.

Christopher Delgado, former CEO of Goliath Ventures, has pleaded guilty to orchestrating a $400 million crypto Ponzi scheme.

Bitcoin's price surged towards $60,000 after Fed Chair Warsh indicated a decrease in inflation risks.

EthLabs has officially launched within the Ethereum ecosystem, coinciding with a significant leadership transition for the blockchain.

Europe's MiCA regulation is now fully in effect, sparking debate among industry leaders on whether it protects consumers or favors large firms.

Europe's comprehensive MiCA regulation notably omits the vast crypto derivatives market, a gap that Perpetuals.com CEO Patrick Gruhn warns could pose a serious problem.

French banking giant Crédit Agricole launched its EURXT euro stablecoin with 20 million tokens in circulation, backed 1:1 by euro reserves.

Standard Chartered has initiated coverage on the DeFi protocol Morpho, setting an ambitious price target of $60 by the end of 2030.

A new nonprofit has launched to drive Ethereum's institutional adoption, as the Ethereum Foundation narrows its focus to the core protocol.

Citi slashes its 12-month Bitcoin and Ether price targets, scrapping ETF inflow forecasts due to stalled US crypto legislation and weak demand.

The **Bank of Korea's governor** lauded **tokenized government bonds** for enhancing the efficiency of debt issuance and management at the **ECB Forum**.

An attacker inflated a tokenized Google share by 7,700% to borrow funds, resulting in $403,000 in bad debt.

The new Solana-based prediction market World has launched, offering fully onchain betting accessible via Phantom Wallet and leveraging Chainlink for data.

Market watchers anticipate that macroeconomic policy and market structure will take center stage in the second half of the year, following AI-driven equity gains and Bitcoin's lag.

Bernstein analysts suggest OUSD could become a strong new challenger to the dominant Circle-Tether stablecoin duopoly.

Bitcoin recorded losses in both Q1 and Q2 2026, marking only the third time in its history it has started a year with two consecutive losing quarters.

The European Union is reviewing its landmark Markets in Crypto-Assets (MiCA) regulation to address market changes driven by stablecoins and tokenization.

The European Union's Markets in Crypto-Assets (MiCA) regulation has concluded its transitional period, marked by a final wave of approvals for licensed crypto firms.

Crédit Agricole's institutional banking arm, CACEIS, has launched EURXT, a euro-pegged stablecoin on Ethereum, with an initial issuance of 20.02 million tokens.

Ark Invest deployed over $75 million into crypto company shares during June's market downturn, adhering to its "buy the dip" strategy.

**XRP** and **HYPE funds** are gaining traction as investors pull capital from **Bitcoin** and **Ether ETFs**, signaling a shift in market sentiment.

Crypto markets are entering Q3 with significantly reduced liquidity and leverage, following **$8.35 billion** in long liquidations during Q2, as reported by **Talos**.

Bitcoin options traders are increasingly betting on a price drop, with significant activity seen in $50,000 put options.

Bitcoin recorded losses in both Q1 and Q2 2026, marking only the third time in its history it has started a year with two consecutive losing quarters.

Bitcoin experienced a significant 20% decline in June, with its monthly chart signaling a potentially more troubling outlook for the cryptocurrency.

Bitcoin's recent price drop has brought it within 10% of its realized price, a historical indicator for bear market bottoms.

EthLabs has officially launched within the Ethereum ecosystem, coinciding with a significant leadership transition for the blockchain.

A new nonprofit has launched to drive Ethereum's institutional adoption, as the Ethereum Foundation narrows its focus to the core protocol.

Ethereum (ETH) exchange-traded funds (ETFs) recorded significant $345 million in outflows, overshadowing miner buys and contributing to price pressure on the asset.

XRP has successfully held its price above **$1** following a significant leverage flush, with improving network activity and rising ETF inflows signaling potential market stability.

XRP has held its crucial $1 support level, with active addresses surging 72% in two weeks and open interest at its lowest since July 2025.

Bitmine acquired approximately $43 million worth of Ether last week, coinciding with its entry into the Russell 1000 Index.

Standard Chartered has initiated coverage on the DeFi protocol Morpho, setting an ambitious price target of $60 by the end of 2030.

An attacker inflated a tokenized Google share by 7,700% to borrow funds, resulting in $403,000 in bad debt.

The new Solana-based prediction market World has launched, offering fully onchain betting accessible via Phantom Wallet and leveraging Chainlink for data.

NFT brand Pudgy Penguins is launching its new Vibes Series 3 trading cards in Target stores nationwide, marking a significant expansion into mainstream retail.

The popular NFT project Pudgy Penguins has announced the closure of its mobile battle royale game, Pudgy Party, shifting focus to its immersive Pudgy World experience.

Pudgy Penguins is halting development of its mobile game, Pudgy Party, to concentrate resources on its immersive virtual world, Pudgy World.

Christopher Delgado, former CEO of Goliath Ventures, has pleaded guilty to orchestrating a $400 million crypto Ponzi scheme.

Europe's MiCA regulation is now fully in effect, sparking debate among industry leaders on whether it protects consumers or favors large firms.

Europe's comprehensive MiCA regulation notably omits the vast crypto derivatives market, a gap that Perpetuals.com CEO Patrick Gruhn warns could pose a serious problem.

Investment bank Jefferies has advised against buying shares in Circle, the issuer of the USDC stablecoin, citing new competition from the Stripe and Coinbase-backed Open USD.

Investment bank Cantor Fitzgerald suggests Bitcoin's bear market may be nearing its end, anticipating a market bottom in the coming months.

Bitcoin's price surged towards $60,000 after Fed Chair Warsh indicated a decrease in inflation risks.