Global investment manager VanEck has reaffirmed its price target of $180,000 for Bitcoin, supported by favorable regulatory conditions and rising institutional interest, although they caution that current high funding rates may indicate market overheating. They highlight significant bullish sentiment reflected in Bitcoin's increasing price, while also warning that elevated funding rates could lead to underperformance for long-term investors. The analysts note recent price trends, suggesting a bullish outlook for Bitcoin's near term.

The collaboration between FIFA and Mythical Games to launch FIFA Rivals marks a significant development in the Web3 gaming landscape, aiming to attract over 100 million gamers through its free-to-play soccer gameplay. Set for a summer 2025 release, the game allows players to manage soccer clubs and compete in real-time, leveraging the Mythos blockchain to enable ownership of in-game assets and participation in a play-to-earn economy. This partnership reflects a broader trend of sports organizations engaging with blockchain technology to enhance fan experiences and monetize gaming interactions.

The new wealth record has been driven by a Tesla stock surge late last week and a $50 billion funding round for Musk’s AI startup.