Crypto Markets Today: Bitcoin Breaks $119K as Altcoins Surge, Traders Eye Record Highs

[Capriole Founder Predicts Bitcoin Will Rise to $150,000 in the Short Term] Charles Edwards, founder of Capriole Investments, stated that Bitcoin's price could rise to $150,000 in the short term, citing gold's rally and institutional buying as key driving factors. (Bitcoin Archive)

The bank forecasts bitcoin at $133,000 by year-end and $181,000 in 12 months.

[Yield Bearing Stablecoins Total Supply Surpasses $20 Billion, Up 33% in the Last Two Months] According to data from the stablecoin analytics platform Stablewatch, the total supply of Yield Bearing Stablecoins (YBS) has exceeded $20 billion, setting a new all-time high. Over the past two months, the total supply of YBS has grown from $15 billion to $20 billion, representing a 33% increase. Among the fastest-growing projects are Reservoir's srUSD (up 61.4%), USDai's sUSDai (up 50.8%), and StreamDefi's xUSD (up 49.8%).

[Decrypt: Thief Films Seed Phrase to Steal $1.7 Million in Crypto Assets] A thief successfully stole $1.7 million worth of cryptocurrency by filming the victim's crypto wallet seed phrase. The incident occurred inside the victim's apartment, highlighting the dual importance of physical security and digital asset protection. The community has expressed concern over this event and reminded users to properly safeguard their seed phrases, ensuring they are not exposed to others' view. (Decrypt)