News: The crypto market is showing mixed signals today. On the long-term front, continued institutional adoption, evidenced by companies like Meitu and Visa integrating crypto, alongside positive outlooks from financial giants like Citi, suggests sustained bullish momentum. However, regulatory concerns, highlighted by Kraken's CEO and former SEC Chairman, introduce an element of uncertainty. Short-term, the market is reacting to the Venmo crypto launch and WeWork accepting crypto payments, which are bullish adoption signals. Conversely, the failure of 'Doge Day' and the China power outage impacting Bitcoin mining are bearish short-term catalysts, contributing to recent price volatility.

Market Probabilities: 
Bull 50% | Base 30% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
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