Elon Musk said Bitcoin derives value from energy consumption rather than government backing during a Sunday interview where he also discussed his ongoing Department of Government Efficiency initiative
Traders on Polymarket and Kalshi see a 48% chance Bitcoin reaches $100,000 by December 31, 2025, while assigning low probabilities to extreme price moves in either direction.
BitMEX founder Arthur Hayes analyzes Tether's reserves, warning a 30% decline in its gold and Bitcoin holdings could theoretically render USDT insolvent. Latest reserve breakdown data included.