Circle, the issuer of USD Coin (USDC) stablecoin, saw its stock plunge 20% 
this week, erasing $5 billion in market capitalization in its steepest 
intraday drop since going public. The sell-off happened on the same day Tether 
announced it had secured a &#8216;Big Four&#8217; accounting firm to undertake a full 
audit of USDT. According to […]
The post A new US rule wiped $5B off Circle — but it may hurt Coinbase more 
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A new US rule wiped $5B off Circle — but it may hurt Coinbase more

Bitcoin’s next move is one of the most debated questions in the market right 
now. One side sees the current price structure as a base for a push to new 
all-time highs, pointing to strength around $70,000 and repeated rebounds 
above this price level. Another camp believes the recent action is only a 
pause within a broader downtrend, with more range consolidation and lower 
levels still ahead before any real rally begins. That divide is exactly where 
expert analyst Tony Severino steps in with a very cautious outlook. According 
to the crypto trading expert, Bitcoin might not see a rally again until 
complacency is crushed. A Warning Against The Bullish Complacency Severino, 
who posts under the handle @tonythebullBTC on X, recently declared that &#8220;the 
16-year Bitcoin expansion is over.&#8221; This is a statement that carries 
particular weight given his track record. He had previously anticipated that 
Bitcoin&#8217;s bull run would end in 2025 and projected that the corrective wave 
ushering in a bear market could extend as far as mid-2027. Related Reading: 
Analyst Predicts Bitcoin To Gold Rotation That Will Send BTC Price To 
$800,000, But When? Severino’s latest comments directly challenge the idea 
that Bitcoin is simply gearing up for another rally. The comments were in 
response to a sarcastic post by another analyst. In his view, the widespread 
belief that the Bitcoin price will continue to rise indefinitely is misplaced. 
Severino describes the current environment as one dominated by complacency, 
where investors have grown too comfortable buying dips without questioning the 
broader structure. According to him, it is because of people like this who 
think it will only go up forever. Destruction First, Then Growth The most 
important part of Severino’s outlook is not just that a downturn could happen, 
but that it is necessary. Only when that complacency is fully broken, he 
contends, can a new cycle begin on a stronger footing. Related Reading: 
Bitcoin Is Officially In A Bear Market And Is Headed Below $30,000, Analyst 
Warns &#8220;This destruction and reset is necessary for growth again. But not until 
complacency is crushed,&#8221; he said. “Complacency says: ‘Same asset, same 
behavior.’ Reality: Same asset, different environment = different outcome 
distribution,” he continued. This is not the first time Tony Severino has 
sounded the alarm of complacency for investors who are strongly bullish 
despite Bitcoin’s recent price struggles. Back in February, he pointed out 
that the Bitcoin price may have already reached a 16-year cyclical peak. 
Notably, this 16-year cyclical peak concept has become a recurring theme in 
his broader outlook. That same idea resurfaced again in his latest remarks, 
where he noted the complacency among some investors. In another analysis, 
Severino predicted a somewhat -72% maximum drawdown from Bitcoin&#8217;s October 
2025 peak price of $126,000. If that scenario plays out, it would place 
Bitcoin’s price in the region of $34,000 before a more sustainable bottom can 
form. Featured image from Getty Images, chart from Tradingview.com

Expert Analyst Says Bitcoin Expansion Is Over, It Won’t Rally Until This Is Over

Mezo has partnered with Aerodrome Finance in a collaboration that makes the 
latter the primary liquidity hub for the former’s native token and its 
Bitcoin-backed stablecoin. Bridging Base’s ‘ve’ Pioneers into Bitcoin DeFi 
Mezo, a decentralized lending protocol built on Bitcoin, has entered into a 
strategic partnership with Aerodrome Finance, a leading decentralized exchange 
( […]

Bitcoin Lending Layer Mezo Selects Aerodrome as Primary Liquidity Hub

Aimed at fighting organized crime groups, the new law allows confiscated 
assets including crypto to be used for ”police re-equipment, training, and 
special operations.”

Brazil passes law allowing seized crypto to be used for public security

The Bitcoin lending protocol will allocate 2.25% of its token supply to 
Aerodrome users as it looks to expand activity for its token and stablecoin.

Cryptocurrency price in THB