Bitcoin Price Prediction: BTC’s $123.1K Peak Signals Local Top – Warnings of Pullback

Bitcoin’s recent peak at $123,100 has triggered warnings of a potential local top as on-chain metrics signal overextension. The cryptocurrency quickly retraced 6% to around $115,700 after hitting the all-time high, while technical analysis reveals consolidation within a symmetrical triangle pattern targeting either $125K breakout or $111K correction.
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GENIUS Act Reshapes Stablecoin Strategy, Says Foresight Ventures Partner

The GENIUS Act has cleared Congress, reshaping U.S. stablecoin oversight and prompting Ripple and Circle to apply for bank charters. Investment expert Alice Li explains this move as future-proofing operations amid rising regulatory pressure, with the sector expected to split into institutional and DeFi camps.
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Ex-Pump.fun Dev Behind $2M Theft Jailed in London for Bail Breach, Faces 7+ Years Prison

Ex-Pump.fun Dev, Jarett Dunn, sits in a London prison after breaching bail conditions while awaiting trial for stealing approximately $2 million from the platform in May 2024. The Canadian national has attempted to withdraw his guilty plea and faces at least seven years in prison.
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Donald Trump Signs GENIUS Act Into Law: “They Named It After Me”

GENIUS Act has been signed into law by President Trump on Friday afternoon at the White House, establishing federal stablecoin regulations. The Guiding and Establishing National Innovation for U.S. Stablecoins Act passed the House in a 308-122 vote during Republican “Crypto Week.”
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