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Bitcoin Price Prediction: $88K Standoff as Coinbase, Metaplanet, and Ghana Shift the Game

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Bitcoin is buying and selling close to $88,000 as markets weigh a uncommon mixture of company enlargement, institutional innovation, and regulatory readability. Coinbase’s transfer into prediction markets, Metaplanet’s dividend-paying Bitcoin publicity, and Ghana’s crypto legalisation are strengthening long-term adoption narratives simply as BTC compresses inside a descending channel. The result’s a market balancing structural demand development towards a decisive technical inflection level.

Coinbase Expands Into Prediction Markets with New Acquisition

Coinbase is increasing past spot crypto buying and selling with plans to accumulate prediction markets agency The Clearing Company, marking a transparent push into event-driven monetary merchandise.

Prediction markets let customers commerce contracts linked to real-world outcomes, from elections and financial information to sports activities and coverage choices.

The transfer locations Coinbase in additional direct competitors with platforms like Robinhood and Interactive Brokers, which already supply broader buying and selling entry.

The enlargement is just not with out debate. Critics warn that prediction markets resemble on-line betting and might face harder regulatory oversight. Supporters argue they typically replicate real-time expectations extra precisely than conventional polls, particularly round political and macro occasions. Interest has surged since the 2024 US election.

Expected to shut in January, the deal is Coinbase’s ninth acquisition in 2025, strengthening income diversification and reinforcing long-term institutional confidence in the crypto ecosystem.

Metaplanet Targets Global Institutions with Dividend-Paying Shares

Metaplanet is reshaping its capital technique to draw world institutional traders by approving dividend-paying most well-liked shares, lowering its reliance on fairness dilution. The transfer permits Japan’s largest company Bitcoin holder to supply income-focused publicity by way of new Class A and Class B shares.

Class A shares pays floating month-to-month dividends, whereas Class B shares embody quarterly payouts alongside investor protections such as buyback choices.

With greater than 30,823 Bitcoin value about $2.75 bn, Metaplanet is giving establishments oblique Bitcoin publicity with out requiring direct custody, supporting longer-term company adoption.

Ghana Legalizes Crypto Trading Under New Law

Separately, Ghana has legalized crypto buying and selling below its new Virtual Asset Service Providers legislation. The Bank of Ghana now oversees licensing and regulation, with Governor Johnson Asiama confirming crypto use will not set off arrests. Clear guidelines enhance belief, encourage innovation, and underpin sustained demand for Bitcoin throughout rising markets.

Ghana is one among the high 5 crypto economies in Sub-Saharan Africa and its transfer coincides with the continent’s rising utilization of cryptocurrencies. Clear regulation boosts belief promotes broader adoption in creating nations and sustains long-term demand for BTC.

Bitcoin Price Prediction: BTC Tests $88K Support as Descending Channel Nears Break

Bitcoin price prediction appears bearish as BTC is buying and selling close to $88,000, getting into a technically delicate section slightly than a disorderly selloff. On the 4-hour chart, worth stays inside a transparent descending channel that has formed motion since late November.

While decrease highs nonetheless outline the construction, promoting strain has slowed, pointing to consolidation slightly than continuation.

Bitcoin Price Chart – Source: Tradingview

Bitcoin is testing a key pivot space. The 50-EMA close to $88,400 has become resistance, whereas the 100-EMA round $89,000 caps rebounds. This EMA compression inside a descending channel typically precedes a volatility enlargement. Recent candles present smaller our bodies and combined wicks, together with spinning-top formations, reflecting steadiness slightly than conviction.

Support stays agency close to $84,500, aligned with the decrease channel boundary. Each take a look at has produced a stronger rebound, suggesting demand is absorbing provide. RSI is hovering slightly below 50 and has stopped making decrease lows, hinting at enhancing momentum beneath the floor.

A break above $90,500–$91,000 would shift construction towards $94,200, then $98,000. A lack of $84,500 would reopen draw back towards $80,600. Patience stays key as worth compresses.

PEPENODE: A Mine-to-Earn Meme Coin Nearing Presale Close

PEPENODE is gaining momentum as a next-generation meme coin that blends viral tradition with interactive gameplay. With over $2.37 mn raised and the presale approaching its cap, curiosity is constructing quick as the countdown enters its remaining stretch.

What makes PEPENODE stand out is its mine-to-earn digital ecosystem. Instead of passive holding, customers can construct digital server rooms utilizing Miner Nodes and amenities, incomes simulated rewards by way of a visible dashboard. The idea brings gamification and competitors into the meme coin area, giving holders one thing to do earlier than launch.

The mission additionally provides presale staking, permitting early members to earn boosted rewards forward of the token era occasion. Leaderboards and bonus incentives are deliberate post-launch to maintain engagement high.

With 1 $PEPENODE priced at $0.0012016 and restricted allocation remaining, the presale is getting into its remaining alternative window for early patrons.

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The submit Bitcoin Price Prediction: $88K Standoff as Coinbase, Metaplanet, and Ghana Shift the Game appeared first on Cryptonews.

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