Bitcoin price is set to reach $110,000 before revisiting the $76,500 range, as predicted by Arthur Hayes, citing easing inflation and favorable US monetary policies. However, the decentralized finance (DeFi) sector faced a setback when an unidentified whale exploited Hyperliquid’s algorithms to make a $6 million profit from a memecoin short position. Bitcoin may hit $110,000 before a significant pullback, fueled by decreasing inflation concerns and global liquidity. With Bitcoin rising for two consecutive weeks, reaching above $86,000, market analysts believe it could reach new highs. Hayes, the co-founder of BitMEX, mentioned that Bitcoin’s rally to $110,000 is more likely due to the US Federal Reserve shifting from quantitative tightening (QT) to easing (QE). This transition aims to boost risk assets like Bitcoin. Fidelity Investments is reportedly testing a stablecoin amid a favorable regulatory environment, planning to launch it through Fidelity Digital Assets. Additionally, Polymarket faced scrutiny over a controversial outcome on a political bet, raising concerns of governance manipulation. Dubai-based DWF Labs launched a $250 million fund to support blockchain projects and drive mainstream crypto adoption. In the DeFi market, most of the top 100 cryptocurrencies ended the week positively, with BNB Chain-native Four (FORM) and Cronos (CRO) tokens as top gainers. Stay updated on these DeFi developments for more insights on this evolving sector.