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Analysts’ Tesla (TSLA) Price Predictions for 2026-2030 and Beyond

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Analysts’ Tesla (TSLA) Price Predictions for 2026-2030 and Beyond

Tesla (TSLA) is one of the most closely watched growth stocks in the market. Analysts predict the stock could trade between $330 and $600 by the end of 2026, driven by its electric vehicle leadership and AI ambitions. Investors looking for a Tesla stock forecast for 2026–2030 are trying to assess whether the company’s AI ambitions and EV leadership can sustain long-term share price growth. While Tesla’s share price has experienced significant volatility, the company’s investments in artificial intelligence, autonomous driving, and energy storage continue to shape its long-term growth narrative.

In this article, we break down analysts’ Tesla price forecasts for 2026 to 2030, discuss key factors that are expected to influence the TSLA stock price direction, and go through the stock price history.

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Forecast Summary

2026

Algorithmic forecasting sources project TSLA between $334 and $588 by year-end, a wide range reflecting deep disagreement over Tesla’s near-term trajectory. Wall Street analyst targets cluster between $400 and $600, with the Robotaxi rollout timeline, Cybercab production ramp, and FSD monetisation expected to be the dominant price drivers.

2027

Predictions range from $351 to $1,110. Sources at the bullish end assume Tesla successfully scales autonomous ride-hailing across multiple US cities, while bearish models reflect concerns over EV margin compression and intensifying competition from BYD and other Chinese manufacturers.

2028

Estimates span $347 to $814. The spread reflects uncertainty over whether Robotaxi and Optimus revenue can meaningfully offset a maturing core EV business, and whether Tesla can maintain pricing power as the global EV market becomes increasingly commoditised.

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2029

Most projections fall between $494 and $1,200. Sources note that execution on Optimus commercialisation and international Robotaxi expansion could drive significant re-rating, while regulatory setbacks or autonomous safety incidents remain key downside risks.

2030

Long-range forecasts suggest $320 to $1,250, with the spread underscoring how speculative five-year projections for Tesla remain. Outcomes hinge largely on whether autonomy and robotics deliver the transformative revenue streams that currently underpin much of the stock’s premium valuation.

What Factors Could Impact Tesla’s Stock Price in 2026-2030 and Beyond?

Looking ahead to 2026 and beyond, Tesla’s future stock price is expected to be shaped by significant technological advancements, market expansions, and strategic initiatives. Analysts present a diverse range of forecasts, reflecting both optimistic and cautious perspectives on Tesla’s future.

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Technological Advancements

Tesla’s ongoing development of Full Self-Driving (FSD) technology is a critical factor in its long-term outlook. By 2026, Tesla aims to fully integrate autonomous driving capabilities, potentially revolutionising the transportation industry. The success of FSD could open new revenue streams through autonomous ride-hailing services, with ARK Invest projecting a substantial market for these services.

Production and Market Expansion

Tesla plans to ramp up production capabilities significantly, aiming to produce millions of vehicles annually by the end of the decade. The company is expected to leverage its Gigafactories in Berlin, Shanghai, and Texas to meet global demand. Expansion into new markets, particularly in Asia and Europe, will be crucial for sustaining growth. Analysts believe Tesla’s ability to efficiently scale production while maintaining quality will be a major determinant of its success​.

Energy Solutions

Beyond automotive, Tesla’s energy division, including solar and energy storage products, is poised for substantial growth. The demand for renewable energy solutions is expected to surge, and Tesla’s innovations in battery technology and energy storage systems could capture a significant share of this market.

Financial Performance

Analysts predict a wide range of outcomes for Tesla’s financial performance. Revenue growth is expected to be driven by increased vehicle deliveries, higher adoption of FSD, and expanding energy solutions.

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Challenges and Risks

Tesla faces several potential challenges, including increased competition from other electric vehicle manufacturers and traditional automakers entering the EV market. Regulatory changes, supply chain constraints, and economic fluctuations could also impact Tesla’s growth trajectory. Despite these risks, many analysts remain optimistic about Tesla’s ability to navigate these challenges and continue its upward momentum​.

Analytical Tesla Stock Price Forecasts for 2026 to 2030 and Beyond

Check the long-term analytical price projections for the TSLA stock price.

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Wedbush Securities analyst Dan Ives maintains a Street-high $600 price target with an Outperform rating, projecting Tesla could reach a $2 trillion market cap in 2026 and up to $3 trillion in a bull case. Ives expects an accelerated Robotaxi rollout across more than 30 US cities this year. “We are raising our price target on Tesla to $600, reflecting our view that an accelerated AI autonomous path is now on the horizon in 2026 and investors are underestimating the major transformation underway,” Ives wrote. “We believe this will be the biggest growth chapter in Tesla’s history.”

Morgan Stanley expects Tesla to deploy around 1,000 Robotaxis by end-2026, with a path toward one million by 2035. Analyst Adam Jonas declared in October 2025 that “autonomous cars are solved,” comparing the moment to the invention of the steam engine and noting that Tesla’s camera-only system would “seriously challenge the conventional thinking of many in the robotaxi community.” The firm places Tesla’s broader product suite, including Tesla’s Full Self-Driving (FSD), charging, and licensing, at almost $160 per share. As of the TSLA stock price, Morgan Stanley believes that it may reach $415.

Goldman Sachs analyst Mark Delaney lowered its target to $405 from $420 following Q4 2025 earnings, maintaining a Neutral rating. Delaney flagged Tesla’s plan to increase capital expenditure to over $20 billion in 2026, partly to fund AI training infrastructure, writing: “We now expect negative overall free cash flow this year for Tesla.”

Stifel reiterated its Buy rating on Tesla with a $508 price target following Q4 2025 results, noting that revenue, gross profit, and operating income all exceeded estimations. The firm highlighted Tesla’s progress expanding its Robotaxi service in Austin and the Bay Area and plans to cover seven additional metro areas in H1 2026, alongside ongoing improvements in AI capabilities supporting FSD. Stifel also flagged Tesla’s shift to a monthly FSD subscription model and expects Optimus 3 supply chain development with production beginning by the end of 2026.

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TD Cowen lifted their target to $519 from $509 after Q4 2025 results, retaining a Buy rating. The firm pointed to better-than-expected margins and encouraging Robotaxi developments, estimating that Tesla’s Cybercab could achieve operating costs of around $0.30 per mile – low enough to unlock growth in rideshare markets where penetration remains limited. The company flagged several near-term catalysts, including the start of Cybercab production, Robotaxi geographic expansion, continued FSD improvements, and progress on Optimus V3.

Tesla Stock Price Predictions for 2026

Mid-Year 2026:

  • Most Bullish Projection: $437 (CoinPriceForecast)
  • Most Bearish Projection: $280 (TradersUnion)

End-of-Year 2026:

  • Most Bullish Projection:  $588 (LongForecast)
  • Most Bearish Projection: $334 (CoinCodex)

Tesla Stock Price Predictions for 2027

Mid-Year 2027:

  • Most Bullish Projection: $863 (LongForecast)
  • Most Bearish Projection: $352 (CoinCodex)

End-of-Year 2027:

  • Most Bullish Projection: $1,110 (LongForecast)
  • Most Bearish Projection: $351 (CoinCodex)

Tesla Stock Price Predictions for 2028

Mid-Year 2028:

  • Most Bullish Projection: $885 (TradersUnion)
  • Most Bearish Projection: $261 (CoinCodex)

End-of-Year 2028:

  • Most Bullish Projection: $814 (TradersUnion)
  • Most Bearish Projection: $347 (Gov Capital)

Tesla Stock Price Predictions for 2029

Mid-Year 2029:

  • Most Bullish Projection: $834 (LongForecast)
  • Most Bearish Projection: $460 (CoinCodex)

End-of-Year 2029:

  • Most Bullish Projection: $1,200 (LongForecast)
  • Most Bearish Projection: $494 (Gov Capital)

Tesla Stock Price Predictions for 2030

Mid-Year 2030:

  • Most Bullish Projection: $1,157 (TradersUnion)
  • Most Bearish Projection: $462 (Gov Capital)

End-of-Year 2030:

  • Most Bullish Projection: $1,250 (TradersUnion)
  • Most Bearish Projection: $320 (CoinCodex)

Tesla Stock Price Prediction Beyond 2030

While long-term forecasts for Tesla’s stock beyond 2030 are uncommon, several sources provide projections. By 2035, CoinPriceForecast estimates Tesla’s share price could reach $1,354, while TradersUnion projects $1,131. Looking further ahead to 2040, TradersUnion projects $3,935.

Tesla: How It Started

Tesla was established in 2003 by engineers Martin Eberhard and Marc Tarpenning, driven by a vision to develop electric vehicles that could compete with conventional internal combustion cars in both performance and design. Shortly thereafter, Elon Musk joined the company, assuming the role of CEO and spearheading critical investment rounds that played a pivotal role in defining Tesla’s long-term strategic direction.

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Tesla’s first car, the Roadster, launched in 2008 and set the stage for what the brand would become—an innovator in high-performance electric vehicles. The Roadster could travel over 200 miles on a single charge, shattering public scepticism about EV capabilities and proving that electric cars could be fast, efficient, and practical.

This early success positioned Tesla as a serious player in the automotive industry. As the company continued to innovate, Tesla’s mission evolved: to accelerate the world’s transition to sustainable energy, a goal that would define its trajectory in the years to come.

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Tesla’s Recent Price History

Tesla’s journey in the stock market has been marked by significant milestones and periods of volatility. Since its initial public offering (IPO) in June 2010, when it debuted at $17 per share, Tesla has seen dramatic price changes driven by key events and developments.

If you want to follow TSLA CFD price movements, consider heading over to the TickTrader trading platform.

2010-2012

Tesla’s early years as a public company were challenging. After its IPO, the stock price fluctuated but remained relatively low. A pivotal moment came in 2012 with the launch of the Model S, Tesla’s first mass-market electric vehicle (EV), which boosted investor confidence and put TSLA at a high of $2.66 in March 2012.

2013

This year marked a turning point as Tesla reported its first profitable quarter. The stock price soared from $2.33 at the start of 2013 to over $10 by the end of the year, reflecting increased market confidence and investor enthusiasm.

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2014-2016

Tesla continued to innovate and expand. The announcement of the Gigafactory in Nevada in February 2014 aimed to scale up battery production, boosting TSLA’s price further. It closed 2014 at $14.83. In 2016, the introduction of the Model 3 and the acquisition of SolarCity were significant milestones. However, the stock faced volatility due to high capital expenditures and production challenges, reaching a low of $9.40 in February 2016 before closing the year at $14.25.

2017-2019

The release of the Model 3 in 2017 was a turning point, making EVs vastly more accessible to the general public. Despite production bottlenecks, the stock price reached new heights, peaking at $25.97 in mid-2017. The unveiling of the Cybertruck in 2019 and the ramp-up of production in the Shanghai Gigafactory kickstarted significant bullish momentum, with TSLA ending 2019 at $27.89.

2020-2024

Tesla’s stock experienced explosive growth in 2020. While the onset of the COVID-19 pandemic prompted a brief downturn, Tesla quickly became one of 2020/2021’s biggest success stories. It closed 2020 and 2021 at $232.22 and $352.26, respectively. This surge was fueled by four consecutive profitable quarters (the middle of 2020), the S&P 500 index inclusion (December 2020), and increasing global demand for EVs.

However, a generally restrictive economic environment led Tesla to experience its most notable slump to date. As US interest rates began to rise in March 2022, sales of EVs began to decline while competition in the market increased—particularly in China, one of its key markets. Elon Musk’s acquisition of Twitter also raised concerns about potential distractions and conflicts of interest. TSLA opened 2022 at $382.58 and closed the year at $123.18.

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Stocks began to rebound in 2023, and Tesla was a prime beneficiary. After cutting prices, increasing production, and working to improve profitability, sentiment around TSLA began to rise again, with the stock rising to a high of $299.29 in July 2023.

Since then, TSLA has seen volatility. After beginning 2024 at $250.08 and trending downward for the first half of the year—factors including a slowing adoption rate of EVs, declining Tesla sales, competition from Chinese rivals like BYD, and general economic uncertainty—TSLA has since recovered to break its 2023 high.

Confidence has bounced back, with developments in full self-driving (FSD) capabilities and the unveiling of FSD-enabled Robotaxis in October 2024 helping drive the stock higher. Following the US presidential election, Tesla surged amid speculation that Elon Musk’s strong relationship with Donald Trump could benefit the company. As a result, by the end of the year, on 17th December 2024, Tesla reached its all-time high of $479.86.

2025-2026

After an all-time high the price needed to correct, and despite the S&P 500 index continuing to rise, TSLA moved down. By March 2025, the price had dropped below $250, and it wasn’t just the price correction that sent the stock down. One of the main reasons was weak global sales. Another major factor that initially drove TSLA’s price higher but then had a negative impact on it was concerns about Elon Musk’s close ties to Donald Trump. A leading position in the US Department of Government Efficiency (DOGE) raised doubts about whether this could shift Musk’s focus from Tesla. Another potential reason for TSLA stock depreciation was Musk’s controversial political activities, which could significantly reduce the number of Tesla customers.

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Between late April and early September 2025, Tesla’s stock demonstrated notable resilience and volatility. Following a dip in April as global EV sales slowed and Chinese demand softened, TSLA rebounded in May amid optimism over its upcoming robotaxi initiative.

A significant factor driving the turbulence was the public feud between Elon Musk and President Donald Trump. Their conflict ignited following Musk’s criticism of Trump’s “Big Beautiful Bill,” which proposed eliminating EV tax credits, triggering a sharp ~14% one‑day drop in TSLA shares in early June—the stock losing over $150 billion in market capitalisation in mere hours.

In July, market sentiment remained fragile as Musk’s announcement of the “America Party” raised concerns about distraction from Tesla’s core business.

Tesla’s Q2 2025 earnings report on 23 July showed weaker margins and slowing profit growth, leading to another sell-off despite positive news about the first builds of a lower-cost vehicle. In early August, the board’s approval of a $29 billion stock-based compensation package for Musk added volatility, as investors debated dilution risks and governance issues.

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Between September and mid-October 2025, Tesla’s stock rose sharply as investor sentiment turned positive. Elon Musk’s $1 billion share purchase in mid-September acted as a strong confidence signal, boosting demand for TSLA. The company also reported better-than-expected Q3 deliveries, though analysts warned that some sales were pulled forward ahead of expiring US tax credits.

Optimism increased further after Tesla gained new approvals to expand autonomous-vehicle testing in Arizona and Nevada, reinforcing its position in the “physical AI” space. But the third-quarter earnings report exposed weaknesses in the company, which, as it evolves into a hybrid automaker and artificial intelligence company, faces the growing pains of trying to juggle both.

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TSLA surged to an all-time high of $498.83 on 22 December 2025, fuelled by Robotaxi testing milestones in Austin, including the first rides without a safety driver, and Elon Musk’s $1 billion personal share purchase in September. However, the stock has since pulled back, trading around $417 in mid-February 2026 amid weaker Q4 2025 deliveries (down ~16% year-on-year), escalating US-EU trade tensions, and growing investor scrutiny over whether Tesla’s ambitious AI and autonomy spending can deliver near-term returns.

The Bottom Line

Tesla’s long-term trajectory to 2030 will largely depend on its ability to sustain technological leadership, scale production efficiently, and navigate evolving macroeconomic conditions. While short-term volatility remains inherent in high-growth equities, Tesla’s strategic position in electric vehicles, AI-driven automation, and energy storage provides a solid foundation for continued development. Maintaining an objective outlook and regularly reassessing valuation metrics against operational performance is important in evaluating Tesla’s progress throughout its next growth cycle.

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If you are interested in trading Tesla stock and other financial assets via CFDs, you may consider opening an FXOpen account and gain access to tight spreads and low commissions (additional fees may apply).

FAQ

Will Tesla Stock Go Up in 2026?

Analytical Tesla stock forecasts in 2026 are divided. Most Wall Street analysts hold targets above the current price of ~$417, with a consensus around $400–$500. However, declining deliveries, negative free cash flow from heavy AI spending, and rising EV competition mean gains are far from guaranteed.

What Is the 12-Month Forecast for Tesla Stock?

Forecasts for TSLA over the next 12 months range from around $334 to $588. This wide spread reflects deep disagreement over whether Tesla’s Robotaxi and FSD initiatives can offset slowing growth in its core automotive business.

How Much Will Tesla Stock Be in 5 Years?

Analytical Tesla price targets in 5 years range from $320 to $1,250 by 2030. The outcome depends heavily on whether Tesla can commercialise its autonomy and robotics programmes at scale, and maintain market share against intensifying global EV competition.

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How Much Will Tesla Stock Be Worth in 10 Years?

CoinPriceForecast projects Tesla could exceed $1,350 by 2035, while TradersUnion predicts around $1,100 over the same period. These long-range outlooks factor in Robotaxi scaling, Optimus production, and energy division growth, though predictions this far out are inherently speculative.

Can Tesla Stock Reach $1,000?

Several algorithmic sources project TSLA crossing $1,000 between 2027 and 2030. However, reaching this level requires successful execution on autonomy, robotics, and sustained investor confidence in Tesla’s premium valuation.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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How Crypto and US Stocks Reacted to Trump Tariffs Ban

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How Crypto and US Stocks Reacted to Trump Tariffs Ban

US financial markets and cryptocurrencies moved higher after the Supreme Court struck down former President Donald Trump’s sweeping global tariffs, removing a major source of economic uncertainty.

The court ruled that Trump exceeded his authority by using emergency powers to impose broad tariffs without approval from Congress. The decision limits the president’s ability to reshape trade policy unilaterally and restores Congress as the primary authority over tariffs. 

Supreme Court Restores Congress’s Control Over Tariffs

The ruling immediately reshapes the balance of power in US economic policymaking.

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The tariffs, imposed under emergency authority, had targeted imports from multiple countries and generated billions in revenue. 

Businesses and trade groups challenged the measures, arguing they raised costs and disrupted supply chains. The Supreme Court’s decision now blocks similar tariffs unless Congress explicitly approves them.

Stocks and Crypto Rise as Trade Uncertainty Eases

Markets reacted quickly.

The S&P 500 rose about 0.40%, while the Nasdaq gained roughly 0.70%, signaling renewed investor confidence. Technology stocks led gains, reflecting improved expectations for economic growth and stability. 

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S&P 500 Surges After Supreme Court Announcement. Source: Google Finance

Meanwhile, the global crypto market cap climbed to about $2.38 trillion, with Bitcoin trading near $67,000 after recent volatility.

Gold briefly dipped following the decision before recovering, reflecting a shift in risk sentiment.

The market reaction reflects a key shift: reduced trade uncertainty. Tariffs often act like taxes on imports, raising prices and slowing economic activity. 

Gold Becomes Extremely Volatile. Source: TradingView

Removing the threat of broad tariffs lowers inflation risks and improves liquidity expectations, both of which support risk assets.

This is particularly relevant for crypto.

Crypto Markets Turn Green. Source: CoinGecko

Bitcoin and other digital assets are highly sensitive to global liquidity and investor confidence. When macroeconomic uncertainty declines, capital tends to flow back into riskier assets. 

The recovery in crypto alongside stocks suggests investors are regaining confidence after weeks of geopolitical and economic stress.

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However, the decision also highlights deeper political tensions. The ruling limits presidential authority and reinforces Congress’s constitutional control over tariffs. This could slow future trade actions but also reduce sudden policy shocks that destabilize markets.

For crypto markets, stability in global trade and economic policy is generally positive. While geopolitical risks remain, the Supreme Court’s decision removes one major macro threat.

In the near term, that shift appears to be supporting Bitcoin and the broader digital asset market.

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Crypto Feels Macro Shock as US Economy Falters and Iran Conflict Risk Grows

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Nexo Partners with Bakkt for US Crypto Exchange and Yield Programs

TLDR:

  • US Q4 GDP grew just 1.4%, well below expectations, signaling economic weakness for investors.
  • PCE and Core PCE inflation readings exceeded forecasts, raising concerns over rising consumer costs.
  • Slower growth and higher prices may pressure crypto trading liquidity and market volatility.
  • Geopolitical risks with Iran add uncertainty to energy markets, indirectly affecting crypto sentiment.

The US economy recorded a sharp slowdown in Q4 GDP, hitting 1.4%, far below the expected 3% growth. Inflation measures, including the PCE Price Index and Core PCE, exceeded forecasts, signaling rising costs for consumers. 

Investors are weighing the potential impact on markets, including crypto trading, amid economic uncertainty. The combination of slowing growth and rising prices presents challenges for monetary policy and market stability.

US Economic Data Raises Crypto Market Tensions

US GDP growth for the fourth quarter is among the weakest in two years, according to data reported by Crypto Rover. The slowdown coincides with inflation readings above expectations, signaling higher consumer prices across goods and services. 

Rising costs may pressure disposable incomes, affecting investor liquidity available for speculative markets, including cryptocurrencies. Traders are monitoring these economic indicators closely to adjust exposure in volatile markets.

The PCE Price Index, a preferred measure of inflation, showed significant gains in January, exceeding projections. Core PCE, which strips out food and energy, also rose, pointing to persistent underlying inflation pressures. 

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These dynamics place pressure on the Federal Reserve to balance policy between easing and hawkish measures. Market participants are assessing potential scenarios for interest rates and liquidity conditions affecting crypto valuations.

Investor sentiment in crypto markets is increasingly tied to US economic data, as both liquidity and risk appetite respond to macroeconomic shifts. Slower growth may prompt caution, leading to reduced trading volumes and heightened price volatility. 

Rising inflation could push the Fed to maintain tighter policies, which historically compresses speculative asset markets. Analysts note that cryptocurrency traders remain sensitive to macroeconomic policy moves, particularly in the US dollar context.

Trading platforms reported increased activity during the GDP announcement, reflecting rapid adjustments in portfolio allocations. Exchanges including Coinbase and Binance saw heightened volumes in BTC and ETH as investors reacted to the news. 

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Market participants are factoring in the dual pressure of slow growth and inflation for near-term trading strategies. Liquidity in smaller altcoins may experience higher volatility as attention focuses on macro-sensitive tokens.

Geopolitical Tensions Add Pressure to Crypto Markets

Tensions in the Middle East, particularly regarding US military planning toward Iran, are influencing global markets, including cryptocurrencies. Reports from Walter Bloomberg indicate potential US strikes targeting Iran’s leadership and nuclear facilities. 

Any conflict could disrupt oil supply routes, indirectly affecting global liquidity and risk appetite in crypto markets. Investors are tracking developments closely for potential market-moving events.

The potential for limited US military action, including naval and air assets, raises uncertainty for energy markets. Tehran has warned of a decisive response if targeted, increasing the risk of regional escalation. 

Crypto traders are considering these geopolitical factors alongside domestic economic data in portfolio strategies. Rising energy costs could feed into inflation expectations, further complicating monetary policy outlooks.

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Regional instability coincides with macroeconomic pressures, potentially amplifying market volatility in digital assets. Traders are adjusting exposure in real time, particularly in stablecoins and BTC, seeking safe-haven positions. 

Historical patterns show crypto markets react quickly to both economic and geopolitical shocks. Analysts suggest monitoring these developments closely to anticipate liquidity shifts and trading trends.

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Polymarket ends trading loophole for bitcoin quants

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Polymarket ends trading loophole for bitcoin quants

After Polymarket quietly ended a substantial penalty on liquidity-removing ‘taker’ orders, quantitative traders (quants) lamented an end to their gravy train. For highly sophisticated market makers, that 500-millisecond quote-adjustment period granted them a superpower over slower traders.

Unfortunately for them, Polymarket has ended its time incentive.

Unsurprisingly, the money spigot used to flow from Polymarket and Kalshi advertising short-term binary options on the price of bitcoin (BTC) to everyday speculators.

Read more: Maduro Polymarket bet raises insider trading concerns

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The exchanges feature 5 and 15 minute betting markets on the price of bitcoin (BTC). On their respective homepages, they place those markets in their top three spots on their homepage, and those markets have earned substantial media coverage.

These so-called prediction markets resolve on pricing data from Chainlink and carry high risk for anyone but the most sophisticated traders. One of those risks buried in technical documentation was the ability for market makers to make these adjustments to their quotes, helping ensure they received the most advantageous price.

Rewarding makers to lure money from Polymarket takers

According to several market observers, Polymarket has quietly eliminated its 500-millisecond (half-second) taker price delay.

Makers use limit orders that do not immediately execute, such as a bid price below the current ask price. Takers, in contrast, use market orders or immediately executable limit orders, such as a limit buy order with a price higher than the current ask. 

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In a traditional ‘level 2’ or Depth of Market (DOM) quote, makers are listed above and below the last price of an asset. Makers’ limit buy and sell orders, which cannot immediately execute against other orders, remain in pending status, ranked by price. 

Takers, in contrast, whose orders always execute immediately using a standing order from a maker, create each market-clearing price.

Historically, exchanges have rewarded makers with various discounts to encourage their participation. Trading venues with consistently deep or ‘liquid’ DOM quotes across their trading pairs earn more business from traders who are concerned about the ability to easily enter and exit positions with minimal slippage.

Although penalties for takers and rewards for makers vary by exchange, Polymarket has a history of penalizing takers with a 500-millisecond price delay.

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Quants never needed speed bumps

However, some traders detected its sudden, quiet removal this month. “Rumor has it the speed bump on crypto markets is GONE. No announcement, no changelog, nothing,” wrote one observer.

For quants and arbitrageurs, trades in Polymarket’s 5-minute games just got 500 ms faster. Those trades can also be hedged using Kalshi’s 15-minute binary options or hundreds of other BTC proxies.

For context, there were only 600 maximum taker transactions within five-minute increments. Now, the number of possible trading combinations seems to have exploded into the thousands or millions – bounded only by speeds of connectivity and computation.

“With the speed bump gone, latency is now the only moat,” someone noted.

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Latency is, of course, a double-edged sword. The most advanced, colocated arbitrageurs with the quickest refresh rate on their quotes relative to the price of BTC on Chainlink oracles or even other exchanges can now enjoy amateur order flow from slower competitors.

Many other traders agreed with the implications. 

“Was basically free money before,” observed one trader about the substantial, half-second incentive for makers to leisurely update their quotes with relative ease in computer time. “They did it to invite makers. Now makers are there, they take it away, but still give fee rebate.”

He forecasted another change in the future as a sunset of all incentive programs for Polymarket quant makers. “Next thing fee rebate is gone, and we pay for maker orders as well.”

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Brickken survey shows 53.8% of RWA issuers prioritize capital formation over liquidity

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Brickken survey shows 53.8% of RWA issuers prioritize capital formation over liquidity

A new fourth quarter 2025 survey from tokenization platform Brickken suggests that the majority of real-world asset (RWA) issuers are using tokenization to raise capital rather than to unlock secondary market liquidity, according to a report shared with CoinDesk.

Among respondents, 53.8% said capital formation and fundraising efficiency is their main reason for tokenizing, while 15.4% said the need for liquidity was their main incentive. Another 38.4% said liquidity was not needed, while 46.2% said they expect secondary market liquidity within six to 12 months.

“What we’re seeing is a shift away from tokenization as a buzzword and toward tokenization as a financial infrastructure layer,” Jordi Esturi, CMO at Brickken, told CoinDesk. “Issuers are using it to solve real problems: capital access, investor reach, and operational complexity.”

Brickken’s report comes as major U.S. stock exchanges announce plans to expand trading models for tokenized assets, including 24/7 markets. CME Group said they will offer around-the-clock trading for its crypto derivatives by May 29, while the New York Stock Exchange (NYSE) and Nasdaq shared their plans to offer 24/7 tokenized stock trading.

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Esturi said the exchanges’ plans have more to do with business model evolution than with an issuer demand disconnect. “It’s less about getting ahead of demand and more about exchanges evolving their business model,” he said. “Exchanges increase revenue by increasing trading volume, and extending trading hours is a natural lever.”

At the same time, many issuers are still in what he described as the phase of validation, during which they prove regulatory structures, test investor appetite and digitize issuance processes. “Liquidity is not yet their primary focus because they are building foundations,” he emphasized, adding that they view tokenization as “the upstream engine that feeds trading venues.”

The Brickken CMO also said that without compliant, structured, high-quality assets entering the market, secondary trading platforms have nothing meaningful to trade. “The true value creation happens at the issuance layer,” Esturi noted.

Optional liquidity versus mandatory

While 38.4% of surveyed issuers said liquidity was not required, Esturi pointed out the difference between “optional liquidity and mandatory liquidity,” noting that many private market issuers operate on long-term horizons. “Liquidity is inevitable, but it must scale in parallel with issuance volume and institutional adoption, not ahead of it.”

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Ondo, which began with tokenized U.S. Treasuries and now has more than $2 billion in assets, is focused on stocks and ETFs specifically because of their “strong price discovery, deep liquidity and clear valuation,” Chief Strategy Officer Ian de Bode said in a recent interview with CoinDesk.

“You tokenize something either to make it easier to access or to use it as collateral,” de Bode said. “Stocks fit both, and they price like assets people actually understand, unlike a building in Manhattan. If TradFi moves to 24/7, that’s a godsend,” de Bode added. “It’s our biggest bottleneck.”

The survey shows that tokenization is already operational for many participants: 69.2% of respondents reported completing the tokenization process and being live, 23.1% are in progress, and 7.7% are still in the planning phase.

Regulations are still an issue

Regulation is a major concern among those surveyed: 53.8% of respondents said regulation slowed their operations, while 30.8% reported partial or contextual regulatory friction. In total, 84.6% experienced some level of regulatory drag. By comparison, 13% cited technology or development challenges as the hardest part of tokenization.

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“Compliance isn’t something issuers are dealing with after launch; it’s something they’re taking into account and configuring from day one,” said Alvaro Garrido, founding partner at Legal Node. “We see an increasing demand for legal structures tailored to the specific project needs and underlying technology.”

The report also suggests tokenization is expanding beyond real estate. Real estate accounted for 10.7% of assets tokenized or planned for tokenization, compared with 28.6% for equity/shares and 17.9% for IP and entertainment-related assets. Respondents spanned sectors including technology platforms (31.6%), entertainment (15.8%), private credit (15.8%), renewable energy (5.3%), banking (5.3%), carbon assets (5.2%), aerospace (5.3%) and hospitality (5.2%).

“The real bridge between TradFi and DeFi is not ideological,” said Patrick Hennes, head of digital asset servicing at DZ PRIVATBANK. “It is issuance infrastructure that translates regulatory requirements, investor protection and asset servicing standards into programmable systems.”

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Polymarket Traders Price in 82% Chance of Clarity Act Passage

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Odds of Clarity Act Passing in 2026.

The probability of the Clarity Act being signed into law in 2026 surged to a record 82% on Polymarket earlier today.

The increase in odds comes ahead of a looming deadline to move the key crypto legislation forward.

Polymarket Signals Growing Confidence in Clarity Act as Negotiations Accelerate 

Data from Polymarket shows that the probability of the Clarity Act becoming law rose sharply over the past 48 hours. Odds climbed from around 60% on February 18 to a peak of 82% earlier today. 

At press time, the figure had eased to 78%, still reflecting a significant jump and signaling growing market confidence in the bill’s prospects.

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Odds of Clarity Act Passing in 2026.
Odds of Clarity Act Passing in 2026. Source: Polymarket

The optimism is not limited to prediction market traders. Industry executives are also projecting strong momentum. 

In an interview with Fox Business, Ripple CEO Brad Garlinghouse said there’s a 90% chance that the long-debated Clarity Act will pass by the end of April.

“The White House is pushing hard on this, and that is a big reason why it will get done. It needs to get done for US leadership,” he said.

The rise in retail optimism comes as the White House moves to push negotiations forward. According to Fox Business, a March 1 deadline has been set to advance the legislation ahead of the midterms.

White House Hosts Third Meeting as Clarity Act Deadline Nears

The Clarity Act is focused on establishing a regulatory framework for digital assets. At its core, the bill aims to clearly define regulatory oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

The legislation passed the House last July. However, the Senate’s version remains stalled. The primary point of contention between banks and crypto firms centers on stablecoin yields. Last month, Coinbase withdrew its support for the bill after the Senate’s changes. 

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The administration has convened several discussions involving crypto firms and banking representatives, with a third meeting held on Thursday. 

According to journalist Eleanor Terrett, a representative from the crypto industry argued that banks’ concerns may be rooted more in competitive dynamics than in measurable concerns over deposit flight.

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A source representing banks told Terret that, for their part, they are pushing further analysis of how stablecoins could affect traditional deposit bases.

“Bank trade groups will brief their members on today’s discussions and gauge whether there’s room to compromise on allowing crypto firms to offer stablecoin rewards. One source said an end-of-month deadline doesn’t seem unrealistic, with talks set to continue in the coming days,” Terrett said.

As discussions move forward, March 1 stands out as a critical date in the legislative timeline. Despite ongoing disagreements, market analysts still view the bill as broadly positive for the industry.

If passed, it would mark a significant step toward reducing regulatory uncertainty and establishing clearer rules for the crypto sector overall.

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Bitcoin Spikes as US Supreme Court Strikes Down Trump Tariffs

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Bitcoin Spikes as US Supreme Court Strikes Down Trump Tariffs

In a landmark 6–3 decision, the Supreme Court of the United States has ruled that President Donald Trump’s sweeping global tariffs were illegal, delivering a sharp blow to one of the White House’s core economic policies.

The decision immediately lifted risk appetite across financial markets — including crypto — though traders remain cautious about what comes next.

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Bitcoin ETFs Near Five-Week Outflow Streak With $404M Outflows

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Bitcoin ETFs Near Five-Week Outflow Streak With $404M Outflows

Selling pressure in US-listed spot Bitcoin ETFs continued Thursday, with analysts noting the cryptocurrency is on track for one of its worst yearly starts.

Spot Bitcoin (BTC) ETFs saw $165.8 million in outflows Thursday, bringing weekly losses to $403.9 million, according to SoSoValue data.

The redemptions moved the funds closer to a possible five-week outflow streak, with year-to-date (YTD) losses totaling $2.7 billion.

Daily flows in US spot Bitcoin ETFs this week. Source: SoSoValue

Trading activity continued to shrink, falling 21% over the week and reaching its lowest levels since late December, signaling weakening investor activity.

Despite $53.9 billion in cumulative net inflows, analysts, including DropsTab, noted that 2026 is shaping up to be “one of the worst yearly starts in Bitcoin’s history,” with BTC prices down about 22% year-to-date, according to TradingView data.

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BlackRock’s IBIT leads losses with $368 million in outflows this week

BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounted for the bulk of outflows this week, totaling $368 million, according to Farside data.

Other US-listed spot Bitcoin ETFs saw little or no activity this week, aside from about $50 million in outflows from the Fidelity Wise Origin Bitcoin Fund (FBTC) on Wednesday.

Daily flows in US spot Bitcoin ETFs by issuer. Source: Farside.co.uk

Some major financial institutions reported reducing IBIT exposure earlier this week, with Brevan Howard cutting its holding in the fund by as much as 85% in the fourth quarter of 2025.

Bitcoin set for one of its worst yearly starts

The ongoing outflows from Bitcoin ETFs coincide with weakening investor sentiment, as multiple sources point to unusually low BTC price levels compared to previous cycles.

Drops Analytics highlighted Bitcoin’s price in the context of halving — an event that reduces BTC’s block reward once every four years and is typically followed by price surges in the years that follow.

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Analysis, Bitcoin Price, Ethereum ETF, Bitcoin ETF
Source: Drops Analytics

“Almost two years later, BTC trades around $66,000 — nearly the same level as during the April 2024 halving,” Drops Analytics said in a Telegram post on Thursday.

Related: Quantum fears aren’t behind Bitcoin’s 46% drop, says developer

“This has never happened before. In previous cycles, BTC was already three to 10 times above halving levels by now,” it added.

According to Checkonchain data, Bitcoin is off to its worst yearly start on record, 50 days into 2026, surpassing previous down years, including 2018.

Magazine: Did a Hong Kong fund kill Bitcoin? Bithumb’s ‘phantom’ BTC: Asia Express

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