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Gemini Stock ($GEMI) Surges 14% on IPO Debut; Winklevoss Brothers Predict $1M Bitcoin

by admin September 13, 2025



Gemini Space Station, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, surged in its Nasdaq debut Friday after raising $425 million in an initial public offering.

The company priced its IPO late Thursday at $28 a share, valuing Gemini at about $3.3 billion before trading began. That price was above the revised $24 to $26 range it set earlier in the week and well above the initial $17 to $19 range. The offering covered 15.2 million shares.

On Friday, the stock opened at $37.01, a 32% premium to the offer price. Shares climbed as high as $45.89 during intraday trading before settling at $32, still 14% above the IPO level by the close.

Gemini, headquartered in New York, operates a suite of crypto services including a spot exchange, custody solutions for institutions, a U.S. dollar-backed stablecoin, a crypto rewards credit card, and staking products. As of the end of July, the company held more than $21 billion of assets on its platform. Filings show Gemini lost $159 million in 2024 and $283 million in the first half of 2025.

The Winklevoss brothers, who became the first bitcoin billionaires after early investments in the cryptocurrency, appeared on CNBC’s “Squawk Box” on the morning of the IPO. Tyler Winklevoss described bitcoin as “gold 2.0” and said adoption remains in the “first inning.” He and his brother projected that bitcoin could reach $1 million within the next decade.

Gemini’s listing follows those of Coinbase (COIN) in April 2021 and Bullish (BLSH), which owns CoinDesk, last month.



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September 13, 2025 0 comments
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MLB insiders predict free agent deals for Tucker, Schwarber
Esports

MLB insiders predict free agent deals for Tucker, Schwarber

by admin September 13, 2025


  • Kiley McDanielSep 12, 2025, 07:00 AM ET

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    • ESPN MLB Insider
    • Kiley McDaniel covers MLB prospects, the MLB Draft and more, including trades and free agency.
    • Has worked for three MLB teams.
    • Co-author of Author of ‘Future Value’

We’ve collected projections for the most anticipated free agents of the last three offseasons: first it was Aaron Judge, then Shohei Ohtani, then Juan Soto (with an update in October).

While there isn’t a massive free agent expected to smash records this winter like Ohtani and Soto did, there are two players who are intriguing for different reasons and also happen to have the same first name: Kyle Schwarber and Kyle Tucker.

From one point of view, Tucker has had a solid walk year, posting 4.7 WAR with his offensive numbers down just a tick from last year’s career year but underlying metrics close to his best seasons. On the other hand, Tucker had a really rough run in August, hitting .148/.233/.148 (16 wRC+) over 15 games (61 plate appearances) from Aug. 1 to Aug. 18. This led to him sitting out games Aug. 19 and 20. The Chicago Cubs right fielder has hit well since returning, but now he’s on the injured list with a calf strain. That said, he was tied for fifth in baseball in WAR at the end of June, and he remains in the top 20.

Schwarber’s season is less complicated. The Philadelphia Phillies slugger has posted career bests in most offensive categories, including his 50 homers, 123 RBIs and 4.5 WAR. The only negatives for his outlook on free agency are that Schwarber will be 33 years old in March and has played only 13 games in the field over the last two seasons. Designated hitters well into their 30s haven’t fared well in free agency, but none of those had hit 50 homers in their walk year, so Schwarber is in uncharted territory.

How much might each of the Kyles get this winter? We polled 20 scouts, executives and agents to find out.

Kyle Tucker

Matt Dirksen/Chicago Cubs/Getty Images

How much could Tucker get?

Here are the 20 responses from our panel, grouped in tiers by total dollars.

Under $350 million (6): 11 years/$308 million, 9 years/$315 million (2x), 8 years/$320 million, 9 years/$340 million, 9 years/$342 million

$350-$399 million (4): 8 years/$352 million, 10 years/$375 million, 12 years/$375 million, 11 years/$380 million

$400-499 million (8): 10 years/$400 million, 11 years/$400 million, 11 years/$418 million, 10 years/$420 million (2x), 10 years/$425 million, 12 years/$425 million, 10 years/$450 million

At least $500 million (2): 10 years/$500 million, 12 years/$550 million

The average of all 20 projections is 10.1 years, $391.5 million, for a $38.8 million average annual value (AAV).

The median projection of those deals is $390 million.

Who are the closest comps?

Tucker’s consistent standout performance (five straight 4-5 fWAR seasons and five straight hitting performances 30% better than league average) makes it hard to find a recent free agent comparison. He’s 10th in baseball in WAR over the last five seasons.

Passan’s early MLB free agency preview

How much will Kyle Tucker get? Who could sign Kyle Schwarber? Here’s what we’re hearing.
Jeff Passan »

Over the last four free agent classes, the $150M+ position players don’t have a great fit for a comp. Soto’s $765 million deal and Ohtani’s $700 million deal aren’t useful. Shortstops Willy Adames, Trea Turner, Xander Bogaerts, Carlos Correa, Dansby Swanson, Marcus Semien and Corey Seager are positionally quite different, though Seager isn’t a terrible secondary comp. Freddie Freeman was three years older than Tucker as a free agent and Aaron Judge was two years older, while also coming off of an 11.1 WAR season with 62 homers, so neither seems that relevant. Kris Bryant was already trending down when he hit free agency, while Brandon Nimmo was trending up but had years of durability concerns.

Vladimir Guerrero Jr.’s $500 million April extension with the Toronto Blue Jays is the comp that kept coming up with those we surveyed. Vlad’s extension kicks in next year for his age-27 season, while Tucker will be 29. It’s only two years, but it’s a very important two years in projecting the value in a long-term deal. Tucker has more baserunning and positional value, but he’s still a corner outfielder. Guerrero’s extension was signed outside of a competitive bidding situation, with the perception being that the Jays paid a little more than the market would bear to lock up their franchise player after a last-place American League East finish last season and with fellow core player Bo Bichette still unsigned.

Who are Tucker’s potential suitors?

There was little confidence from those surveyed (none of whom work for the Cubs) about the Cubs winning a bidding war for Tucker. The Los Angeles Dodgers, longtime fans of Tucker, were mentioned by a number of industry insiders. We didn’t ask about a projected team, so the Dodgers coming up often seems to be indicative of a feeling in the industry that they’re the team to beat.

Putting all of those pieces together, you can see why a contingent of the industry thinks Tucker will land somewhere around Guerrero’s extension, some think he’ll end up closer to $300 million, but most have him around $400 million, give or take, which is also where Jeff Passan’s sources led him.

Kyle Schwarber

Mitchell Leff/Getty Images

How much could Schwarber get?

Here are the 20 responses from our panel, grouped in tiers by total dollars.

Under $100 million (2): 4 years/$72 million, 3 years/$90 million

$100-$125 million (11): 3 years/$100 million, 4 years/$100 million, 4 years/$110 million (2x), 4 years/$112 million (3x), 5 years/$118 million, 4 years/$120 million (2x), 3 years/$125 million

$126-180 million (5): 4 years/$140 million, 6 years/$150 million, 4 years/$160 million, 5 years/$160 million, 4 years/$180 million

At least $200 million (2): 6 years.$200 million, 7 years/$245 million

The average of all 20 projections is 4.3 years, $131.8 million, for a $30.7 million average annual value (AAV).

The median projection of those deals is $119 million.

Who are the closest comps?

A handful of comps come up for Schwarber:

Editor’s Picks

2 Related

J.D. Martinez: Five years, $110 million going into his age-30 season in 2018 (45 HRs, 4.3 WAR walk year)

Paul Goldschmidt: Five years, $130 million going into his age-32 season in 2020 (33 HRs, 4.6 WAR in walk year)

Freeman: Six years, $162 million going into his age-32 season in 2022 (31 HRs, 4.7 WAR in walk year)

The comp math would say Schwarber should get one year less than the shortest deal above due to his age (thus, four years) and land in the $25-30 million average annual value (AAV) area, which is right where those surveyed ended up.

Who are Schwarber’s potential suitors?

Conversely to the Tucker/Cubs situation, a lot of those surveyed think there’s a strong chance the Phillies will act quickly after the season ends to bring Schwarber back. Either way, he seems to be a target for a contending team looking to beef up the middle of its lineup in the short term, and hopefully not have an albatross on its ledger at the end of the deal.

All of those teams would be conscious of luxury tax numbers, and a rival agent brought up an interesting wrinkle he’s expecting to see: Schwarber will get that fifth year, for a little added money, to get the AAV down.

A number of teams should be interested at that low-nine-figure area, as the predictions suggest, but there could eventually be a landing spot closer to $150 million with enough competitive bidding. That said, some teams simply can’t stomach that kind of money for an older DH.



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September 13, 2025 0 comments
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AI Models Predict Neutral Bitcoin Trend: Warns Of Late-September Shock
NFT Gaming

AI Models Predict Neutral Bitcoin Trend: Warns Of Late-September Shock

by admin September 9, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin is currently in a consolidation phase after a strong multi-month uptrend that began in April. Following weeks of heightened volatility and selling pressure, BTC has managed to hold steady above critical support levels, keeping the broader bullish narrative alive. Some analysts argue that this resilience highlights the strength of Bitcoin’s current market structure and even suggest that a push beyond all-time highs could be on the horizon in the coming weeks.

Despite uncertainty and cautious sentiment, long-term holders and institutional flows continue to provide a foundation for Bitcoin’s price stability. While short-term corrections remain possible, the broader market remains optimistic that BTC is preparing for another leg higher.

CryptoQuant analyst Crypto Onchain recently shared a Bitcoin TFT AI Forecast, which points to BTC trading in a mostly neutral range for the next month. According to the model, Bitcoin is likely to stay around current levels without a sharp breakout or collapse in the near term. This reinforces the idea that the market is digesting its recent gains before attempting another move.

Bitcoin AI Forecast Suggests Rising Uncertainty

According to the Temporal Fusion Transformer (TFT) AI Forecast, Bitcoin is expected to trade within a mostly neutral range in the coming weeks, though uncertainty is rising sharply. The model places Bitcoin’s current price at $110,669, projecting a 1.1% decline to $109,451 over the next seven days. Looking further ahead, the 30-day forecast anticipates a 1.72% decrease to $108,771, reinforcing the idea of consolidation rather than a clear bullish or bearish breakout.

Bitcoin Price Prediction (30 Days Forecast) | Source: CryptoQuant

The most important signal, however, is not the modest downside forecast, but the sharp opening of confidence intervals. Model uncertainty climbs above 50% by the end of the forecast period, signaling elevated risk and the potential for severe volatility. This uncertainty opens the door to multiple scenarios.

The main scenario, combining both the WaveNet and TFT models, suggests Bitcoin will hold within the $108,000–$120,000 channel, a range-bound movement likely to dominate the first three weeks of September. A surprise scenario, however, could emerge in the final week. If a strong catalyst or sudden sentiment shift occurs, the elevated uncertainty could translate into an explosive move—either a breakout to fresh highs or a sharp retrace.

While the market faces slight selling pressure short term, the last week of September may prove decisive, with volatility set to define Bitcoin’s next big move.

Testing Support Within Ongoing Consolidation

The 3-day Bitcoin chart shows BTC trading at $112,146, rebounding 1.77% after recent volatility. The price remains in a consolidation phase following the rejection from the all-time high near $124,500. Notably, Bitcoin has so far defended the $110,000 support zone, which has acted as a floor during recent pullbacks.

BTC consolidates around key price level | Source: BTCUSDT chart on TradingView

The moving averages highlight the structure: the 50-day SMA at $107,765 and the 100-day SMA at $100,647 provide strong medium-term support. Meanwhile, the 200-day SMA at $81,576 remains far below, reflecting Bitcoin’s broader bullish cycle despite short-term weakness. Holding above the 50-day average is key for confirming the resilience of this uptrend.

Immediate resistance lies at $115,000, a level Bitcoin failed to reclaim in its last attempts. A successful breakout above this region could open the path toward $120,000–123,000, where the ATH sits. Conversely, failure to maintain $110,000 could trigger further downside, potentially targeting the $107,000–105,000 range.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 9, 2025 0 comments
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Best Crypto to Buy as Banking Giants Now Predict at Least Two Rate Cuts in 2025
GameFi Guides

Best Crypto to Buy as Banking Giants Now Predict at Least Two Rate Cuts in 2025

by admin September 8, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Jerome Powell, the Fed Chair, in his speech at Jackson Hole on August 22, hinted that the Fed might cut interest rates in September.

Now, weak U.S. jobs market data has increased the chances of not one, but at least two rate cuts in 2025.

For the first time since April 2021, there are more unemployed people (7.24M) in the U.S. than available job openings (7.18M).

According to the Kobeissi Letter, the U.S. has revised June’s job report for the second time, showing a loss of 13,000 jobs – the first negative month since July 2021. Meanwhile, August saw only 22,000 jobs added against an expected 75,000.

This is why many banks have revised their earlier rate cut predictions and are now expecting a 50 to 75 bps cut before the end of the year.

Read on to learn what banks are saying about rate cuts, what it could mean for the crypto markets, and the best cryptos to buy now to capitalize on this opportunity.

Banks’ Rate Cut Prediction

Bank of America had long stood by its prediction that there would be no rate cuts in 2025. However, in a major U-turn, the bank now expects two 25 bps cuts this year – the first in September and the next in December.

Goldman Sachs has made an even bolder call, forecasting three 25 bps cuts in 2025, followed by two more in March and June 2026.

The firm now sees a terminal rate of 3-3.25% (down from its earlier 3.5-3.75% forecast). Similarly, Citigroup is also predicting three cuts this year.

With rate cuts now looking almost certain, the crypto markets are buzzing again. Historically, interest rate cuts have been bullish for digital assets: borrowing becomes cheaper, risk-on sentiment increases, bond yields fall, the dollar weakens, and capital flows into crypto in search of higher returns.

If you’re planning to build a crypto portfolio, there may not be a better time. Here are some altcoins worth considering to take full advantage of the upcoming rate cuts.

1. Bitcoin Hyper ($HYPER) – Turbocharging Bitcoin with Fast Speeds, Low Fees & Web3 Compatibility

Bitcoin Hyper ($HYPER) has the potential to crank up Bitcoin’s real-world application, making it more than just an investment vehicle.

This new crypto project is building a Layer 2 solution for Bitcoin, one that integrates the Solana Virtual Machine (SVM) to deliver fast transaction speeds, low fees, and a full-blown Web3 environment directly on Bitcoin.

Unlike Bitcoin’s main chain, which processes every transaction first-hand, $HYPER will act as a much-needed secondary fast lane.

It’ll handle thousands of requests on the side before sending a summary of all those transactions to the primary chain.

At the core of this Layer 2 is a decentralized, non-custodial canonical bridge.

By locking your Layer 1 Bitcoin and minting an equivalent amount of tokens on Bitcoin Hyper’s Layer 2, the bridge enables seamless interaction with SVM-powered Web3 applications.

These include DeFi trading apps, NFT marketplaces, lending and staking protocols, DAOs, and gaming dApps.

Right now, 1 $HYPER is available for just $0.012875, and the project has in total raised over $14.33M from early investors. Here’s how to buy $HYPER.

Visit Bitcoin Hyper’s and get yourself possibly one of the best altcoins in 2025.

2. SUBBD Token ($SUBBD) – Revolutionizing the $85B Online Content Industry

SUBBD is the newest (and potentially most game-changing) crypto-powered online subscription platforms available today.

It stands out as the first platform of its kind to integrate cutting-edge AI tools, including voice, video, image, and profile generators.

The biggest benefit? Helping creators dramatically reduce their workload. By automating much of the content creation process, SUBBD leaves creators with more time to directly engage with their audiences.

At the heart of it all is SUBBD Token ($SUBBD), the platform’s native currency.

For fans, buying $SUBBD means more than just paying for premium content, tipping creators, or sending personalized requests. It also unlocks a host of unique perks:

  • Exclusive discounts on in-platform content and subscriptions
  • Early access to beta features
  • Voting rights on key platform decisions, such as creator onboarding and feature prioritization

Even better, staking $SUBBD gets you a fixed 20% APY for the first year, along with access to creator livestreams, daily BTS drops, and exclusive content from SUBBD’s top talents.

According to our $SUBBD price prediction, a $100 investment today could turn into $850 by the end of 2026 – an eye-popping 750% gain.

Currently in presale, $SUBBD has already raised more than $1.1M, with each token priced at just $0.056375.

Visit SUBBD Token to join a promising AI-driven crypto project.

3. MemeCore ($M) – Viral New Altcoin Changing the Meme Coin Space

If you thought meme coins only existed for speculation and as an outlet for crypto degens’ deranged sense of humor and thrill, MemeCore ($M) is here to make you think again.

It’s a unique new cryptocurrency project ushering in a never-before-seen paradigm, one where meme coins evolve into full-blown engines of culture, value, and community coordination.

MemeCore introduces a novel Proof of Meme (PoM) consensus layer, designed to reward participants for both cultural contributions and on-chain activity.

Thanks to MemeCore’s Meme 2.0 revolution, the token has been a rockstar on the exchanges. It’s up more than 196% in just the last seven days, currently trading around $1.90.

Conclusion

With speculation about a Federal Reserve rate cut in September dominating crypto chatter, several banking giants have now added more fuel to the fire by suggesting there could be multiple cuts by year-end.

That said, none of the above is financial advice. Crypto investments are highly risky. Invest only after doing your own research.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/best-crypto-to-buy-banking-giants-predict-two-rate-cuts-2025

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 8, 2025 0 comments
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Crypto
Crypto Trends

Crypto Boom Soon? Major Banks Predict At Least 2 Rate Cuts After Weak Labor Data

by admin September 6, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The crypto market has been quite excited about the possibility of the United States Federal Reserve cutting interest rates in the remaining months of the year. This display of emotions could be seen in the last crypto market rally on the back of a positive Jackson Hole speech by Fed Chairman Jerome Powell.

A different reaction was felt across the cryptocurrency market after a weaker-than-expected Non-Farm Payroll (NFP) data was released on Friday, September 5. However, the general consensus seems to be that this latest weak job data release could be rather positive in terms of interest rate cuts.

Weak Labor Data Increases Likelihood Of Rate Cuts: Major Banks

The US labor market data released on Friday was weaker than expected, as only 22,000 jobs were added to the economy in August, falling short of the 75,000 job expectations. Major banking firms have now come forward with how this new report could impact the outcome of the Federal Open Market Committee (FOMC)’s meetings in the coming months.

According to a Bloomberg report, Bank of America analysts have softened their stance on no interest rate cuts in 2025 as a result of Friday’s labor data release. The analysts now expect the Fed to cut rates at least twice before year-end—two 25 basis points (25BPS) cuts in September and December 2025.

Meanwhile, analysts at investment banking behemoth Goldman Sachs are projecting three 25BPS cuts before the year runs out. The first interest rate cut is expected to occur in September, with two additional cuts anticipated in October and November.

In a separate Reuters report from June, Citigroup had always expected three 25BPS cuts in the remaining months of the year. However, unlike Goldman Sachs, the banking titan projects these interest rate cuts to September, October, and December.

How Successive Rate Cuts Could Catalyze Crypto Bull Run

Lower interest rates have always been viewed as a positive macroeconomic indicator for the risk assets, including the crypto market. With fixed-income assets becoming less attractive, investors tend to have a risk-on attitude towards the riskier assets.

Hence, periods of low interest rates or rate cuts have often been associated with an increase in crypto prices and sustained bullish runs. Meanwhile, higher rates tend to lead to a decline in crypto liquidity, as investors are less incentivized to enter the market.

According to data from CoinGecko, the total crypto market capitalization stands at around $3.09 trillion, reflecting an over 1% decline in the past day.

The total crypto market capitalization on the daily timeframe | Source: TOTAL chart on TradingView

Featured image from iStock, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 6, 2025 0 comments
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