Gold’s sharp pullback amid easing geopolitical tensions masks a deeper macro 
narrative, as persistent inflation risks, fiscal expansion, and historical 
patterns fuel expectations of a powerful long-term rally, according to Peter 
Schiff. $11,400 Gold? Schiff Floats 178% Surge Scenario as Prices Slide Market 
pressure on gold is increasingly tied to expectations of prolonged inflation 
and […]

Schiff Ponders $11,400 Gold as Prices Slide and 178% Surge Outlook Is Questioned

Kalshi and Polymarket have moved to restrict insider trading on the same day 
lawmakers introduced a bipartisan bill to ban popular sports event contracts.

Kalshi joins Polymarket in sweeping user bans to head off insider trading

NovaBay Pharmaceuticals was founded in 2000 as a biopharmaceutical company 
developing eye care products and is now betting big on the Sky protocol and 
stablecoins.

Eyecare biotech jumps 19% after stablecoin-focused rebrand

TRON DAO&#8217;s AI fund expansion could accelerate the agentic economy&#8217;s growth, 
potentially reshaping financial systems and blockchain integration.
The post TRON DAO expands AI fund to $1 billion to back agentic economy 
infrastructure appeared first on Crypto Briefing.

TRON DAO expands AI fund to $1 billion to back agentic economy infrastructure

A crypto analyst who previously warned traders and investors that the recent 
Bitcoin (BTC) price surge could be a fluke has shared a new update. Confirming 
that his earlier prediction was accurate, the analyst now provides insight on 
where Bitcoin is really headed as it continues to navigate the ongoing bear 
market. Where The Bitcoin Price Is Headed Next DeFi researcher and market 
analyst Sherlock has taken to X to share a fresh update on an analysis he 
published earlier last week. In this new report, Sherlock presented a rather 
foreboding Bitcoin price forecast, suggesting that the world’s largest 
cryptocurrency is heading toward new lows around $53,000 soon. Related 
Reading: Pundit Shares Everything To Understand About Bitcoin, ‘This Cycle IS 
Different’ He emphasized that the $53,000 level was not a random bearish 
target but a point established after multiple data signals converged, which 
also corresponds to Bitcoin’s next weekly support level. According to 
Sherlock, Bitcoin’s record high last week near $76,000 was a deviation he had 
anticipated despite some traders hoping that the rebound could become a 
sustainable breakout. The analyst noted that the weekly candle on the chart is 
expected to confirm this deviation trend if it closes below $72,500. Sherlock 
also drew parallels to a January price movement, when the Bitcoin price 
climbed to $94,500 before crashing by approximately 38%. Usually, in crypto 
market terms, this type of action is called a “fakeout,” which is when the 
price briefly breaches key resistance levels, enticing traders to enter 
positions, before rapidly reversing in the opposite direction. Currently, the 
Bitcoin price is hovering around $68,100, more than 10% below its previous 
high of $76,000 set last week. The cryptocurrency suffered a sharp, unexpected 
collapse in a single day following reports of a hawkish stance by the US 
Federal Reserve (FED). After briefly dipping toward the $70,000 level that 
day, Bitcoin has continued on a downward trajectory. Data from CoinMarketCap 
also indicate that BTC’s decline was further accelerated by a surge in 
geopolitical tensions, after US President Donald Trump issued a 48-hour 
ultimatum to Iran, triggering a broader sell-off across risk assets. A Look 
Back At BTC’s $76,000 Fluke In his previous analysis, Sherlock had cautioned 
traders not to get baited by short-term Bitcoin price spikes. He noted that 
during the last major deviation in January 2026, many traders went long, only 
to incur significant losses after Bitcoin’s price collapsed over the next five 
weeks. Related Reading: Is This The Bitcoin Price Bottom Or A Fakeout? Analyst 
Reveals When You Shouldn’t Be Excited The analyst had warned that if Bitcoin 
fails to close above $74,500 on the weekly chart, its brief rebound would be 
nothing more than a deviation, not a true breakout. Sherlock added that, with 
the FOMC meeting last week and market consensus expecting another interest- 
rate pause, the outlook for Bitcoin is far from bullish. He described 
Bitcoin’s previous rebound as a trap, likely engineered to lure investors and 
traders into long positions prematurely. Featured image from Pngtree, chart 
from Tradingview.com

Cryptocurrency price in AED