Matthew Sigel, Head of Digital Asset Research at VanEck, maintained his optimistic forecast for Bitcoin’s future price performance. Sigel predicts Bitcoin will reach $100,000 again next year, and if a similar market cycle occurs, the cryptocurrency could rise to $500,000 by 2029. Sigel’s assessment indicates that long-term bullish expectations for the Bitcoin market remain. The […]
Bitcoin’s latest rally has been backed by a sharp increase in institutional activity. U.S. spot Bitcoin ETFs recorded more than $5.3 billion in trading volume as BTC reclaimed $74,000 for the first time in 86 days. BlackRock’s IBIT dominated activity with $4.44 billion in volume. Fidelity’s FBTC came next at $438 million and Grayscale at […]
Strategy, the business intelligence firm formerly known as MicroStrategy, is on the verge of breaking even on its substantial Bitcoin investment. According to on-chain analyst EmberCN, the company’s average Bitcoin purchase price stands at $75,385. With Bitcoin trading around $75,085, a mere $300 increase would bring the firm’s holdings to breakeven. Recovery in Unrealized Losses […]
On Wednesday, Bitcoin broke above $65,000 and has since rallied to about $73,856. Key drivers included US Treasury bond buybacks, White House regulatory support, and a massive short squeeze. However, the persistent question for every investor and onlooker right now is: has Bitcoin entered a bull run or is this just a bull trap? Bitcoin […]
Bitcoin’s latest rally has pushed the cryptocurrency above a key long-term technical indicator for the first time in about nine months, offering a potential signal that its broader downtrend is losing momentum. Charting platform Barchart highlighted on Thursday that Bitcoin’s ($BTC) price had crossed above its 200-day moving average for the first time since November […]
Macroeconomist and author Lyn Alden has said that while sentiment for Bitcoin has been low in recent months, there are “not a lot of downside catalysts” for the asset left. Speaking in a Thursday interview with CNBC, Alden said that the “fast money” has been washed out and market observers are not expecting Bitcoin treasury […]
Bitcoin ($BTC), with its recent accelerated rise, is approaching the “golden cross” pattern, which is considered one of the key indicators of long-term bullish momentum in technical analysis. Bitcoin’s price surged above $72,000, with gains exceeding 12% in the past week. This rise also pushed $BTC above its 200-day simple moving average (SMA), currently standing […]
Bitcoin and Ethereum surged above $69,500 and $2,000 on Wednesday after the US Treasury doubled planned buybacks of long-dated government debt. On Aug. 19, the Treasury Department said it will raise the maximum size of its liquidity-support operations for 10- to 20-year and 20- to 30-year securities from $2 billion to at least $4 billion […]
As Team Liquid and Team Yandex faced off in a Dota 2 playoff match at The International 2026 in Shanghai, China, on August 20, two Polymarket whales placed opposing six-figure bets, amounting to $393,221. Whale 1 (0x5dab…322e1) backed Team Liquid at 10:23 UTC with a $245,259 at entry odds of 58%, according to whale data […]
