The digital assets market has organized a significant recovery over the past week after the collapse at the end of September. Investor’s interests began to return, powered by a newly discovered appetite for secure assets due to uncertainty caused by the first closing of the US government in six years.

The growing demand for secure resources can make Bitcoin (BTC) follow the Gold rally, potentially leading to a fresh all time in the amount of USD 150,000 before the end of the year, according to the founder of Capriole Investments, Charles Edwards. Bitcoin recovered on Thursday over $ 120,000 for the first time from August 14 and continued to trade above 120 $ 122 at the time of writing on Friday.

Elsewhere, the balloon financial deficit of the French Central Bank can provide another bitcoin catalyst, because this can lead to “euro trillion” printing money by the European Central Bank (EBC), signaling fresh liquidity affecting bitcoins, according to Arthur Hayes, co -founder of Bitmex Bitmex.

Bitcoin $ 120,000 Breakout will lead to “very fast” to $ 150,000: Charles Edwards

According to Capriole Investments, Bitcoin may boost to a fresh all time in the amount of USD 150,000 before the end of 2025, when investors are put into secure assets next to gold.

Bitcoin recovery above $ 120,000 can lead to a “very fast” breakthrough to the highest level of $ 150,000, said CointeLgraph during an interview in token2049 in Singapore. “I would not be surprised if we reached $ 150,000 in a fairly short time, as if we had to break free from a range of $ 120,000. But this is probably coming, potentially in the coming days.”

The data show that Bitcoin has increased by more than 6% over the past week, retreating above USD 118,500 from August 15.

Edwards’s prospects are more conservative than some other analysts who design the current cycle can boost Bitcoin above USD 200,000.

André Dragosch, head of European research at BitWise Asset Management, told Cointelegraph that the inclusion of cryptocurrencies in the USA 401 (K) retirement plans can unlock $ 122 billion in the fresh capital. He said that even 1% assignment by pension managers may be enough to raise Bitcoin above USD 200,000 before the end of the year.

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Cathie Wood: Hyperliquid “reminds me of Solana in earlier days”

Cathie Wood CEO Ark Invest compared the hyperlik with the promise of Solana, calling him a “new child in a block of flats.

“It’s exhilarating. It reminds me of Solana in earlier day he said During the last interview about the podcast “Master Investor”.

Ark Invest currently has three main cryptographic assets in its public funds: Bitcoin, Ether (ETH) and Solana (SOL). The company’s exposure to Solan takes place thanks to Breera Sports, which Wood explained, is associated with the Solana treasure and supported by investors from the Middle East. She also noticed advisory connections with the project through the economic art laffer.

Wood did not confirm any position in the hyperlik, but described the protocol as one to watch. Her remarks arise when the competition between Perpetual Futures Dexs heats up after the Aster introduced the token at the beginning of this month and saw its turnover volume and open interest in Hyperliquid.

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Roman Storm strives to acquit the fee for transferring money in Tornado

Roman Storm, co -founder of Tornado Cash, asked the American federal judge to acquit his sole conviction of unlicensed monetary transmission and counting the suspended jury for washing money and violating sanctions, arguing that prosecutors have not proved that he was intended to submit evil actors in the wrong employ of a cryptocurrency mixer.

According to legal documents submitted on September 30 to the US District Court in the Southern District of Up-to-date York and Przegląd through Cointelegraph, the Storm defense argued that prosecutors did not prove that he intended to aid evil entities in using Tornado’s cash. This, according to the defense, will annul the grounds for his belief based on neglected inaction.

“The storm and bad actors were the claim that he knew that they were using Tornado cash and did not take sufficient resources to stop them. It was a theory of neglect,” he said.

The defense also stated that “the lack of evidence confirming that Mr. Storm was acting with the intention of helping bad entities”, the government tried to meet the burden of the defect, claiming that the defendant did not prevent the wrong employ. “This is a claim that is against the standard of defect and not supported by law,” said the conclusion.

Movement for acquittal He asked the judge to throw allegations and sentences, because the evidence of the prosecutor’s office, even if they are true, are legally insufficient.

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Tock Stock Push Sec has unclear benefits for Crypto: Dragonfly Exec

Tokenized actions will be a great benefit for conventional markets, but it may not be a benefit for the cryptocurrency industry, which others predicted, says Rob Hadick, a general partner of Crypto Venture.

“There is no doubt that this has a big impact on Tradfi,” said Hadick CointeLgraph at the token 2049 conference in Singapore. “They want trading 24/7, better for their economics.”

However, he saw unclear benefits for the main cryptographic players in the real space of tokenization of assets such as Ethereum.

The USA Committee of securities and stock exchanges reportedly develops a plan enabling blockchain to trade cryptographic exchanges after many financial institutions have pushed the authority to allow always open markets.

Hadick said that the institutions “do not want to be directly on these general chains”, giving Robinhood and Stripe as examples of those who build their own locks.

“They do not want to share economics. They do not want to share a block of space from Memecoins. They want to be able to control things such as privacy [and] Who is a set of validators, they want to be able to control what is happening in their executive environment. “

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Centralized exchanges will be DEFI fronts for 5-10 years: 1 -inch co -founder

Centralized cryptocurrency exchanges may disappear over the next decade, when financial aggregators (DEFI) take over, according to the co -founder of 1 inch Sergey Kunz.

In an interview with Cointelegraph in token2049 in Singapore Kunz predicted that the exchanges would slowly switch to the frontend for decentralized exchanges (Dexs). “I think it will take five to 10 years,” he said.

Kunz argued that although centralized exchanges are isolated markets, 1 inch and its aggregator act as a global liquidity center. His comments appeared when 1Inch announced a contract with the Major US Crypto Exchange Coinbase, integrating his service to ensure DEX trade to its users.

Kunz said that investments in onchain systems by centralized exchanges show that the technology on which they rely “will not remain forever because you have decentralized exchanges and digitized finances.”

“They don’t want to miss the train and stay behind, and also take our technology, because it is something that will strengthen the entire financial industry from our point of view,” he said.

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DEFI discussion

According to CointeLraph Markets Pro and TradingView, most of the 100 largest cryptocurrencies according to market capitalization ended a week in Zielony.

The token requiring the privacy of ZCash (ZEC) increased by over 157% as the largest week in the top 100, followed by token Dexe (Dex) by over 34% on a weekly chart.

Thank you for reading our summary of the most influential DeFI development this week. Join us next Friday to get more stories, observations and education about this dynamically progressive space.