Hyperscale Data (NYSE: GPUS), a publicly traded Bitcoin mining company, has acquired 49.249 Bitcoin for approximately $2.9 million, according to a report by Bitcoin Magazine. The purchase signals continued corporate confidence in Bitcoin as a treasury asset, even amid fluctuating market conditions. Strategic Bitcoin Accumulation by a Public Miner The acquisition, executed at an average […]
Banking giant Citi has cut its Bitcoin (BTC) price target for the second time this year, lowering its 12-month outlook to $82,000 from $112,000, a drop of roughly 27%. The revision, issued July 1, marks the bank’s most bearish stance on Bitcoin since it began publishing crypto forecasts, and it signals a broader shift in […]
As the effects of the bear market, which has lasted for approximately 9 months, continue, the cryptocurrency analysis company The DeFi Report evaluated Bitcoin’s on-chain data and macroeconomic outlook in its latest video report. According to analyst Mike’s assessment, while the market is starting to show green lights for “buying,” the possibility that a definitive […]
WhiteBIT, the largest European cryptocurrency exchange by traffic, has announced the launch of TradeFi — a new market category designed to give users the opportunity to trade traditional financial instruments just like crypto. The new category is aimed both at existing crypto traders seeking broader market exposure and at users familiar with traditional markets who […]
Crypto analyst Ali Martinez said that signals indicating a long-term market reversal are emerging in major crypto assets, particularly Bitcoin. According to Martinez, the Tom DeMark (TD) Sequential indicator is giving a bullish signal for Bitcoin, Ethereum, XRP, and Solana on the monthly charts. The analyst noted that trend exhaustion signals, especially those seen in […]
The crypto market saw its valuation drop by around $890 billion during the first half of 2026, as investors sought alternative investments. At the beginning of 2026, the crypto market capitalization hovered around $2.97 trillion, but it closed on June 30 at approximately $2.08 trillion. As such, the cryptocurrency industry has seen its valuation plunge […]
A noteworthy analysis regarding Bitcoin’s short-term outlook in the cryptocurrency market has been published. Research firm BIT predicts that the leading cryptocurrency could continue its correction movement for approximately the next two months, with the bottom likely to be reached in September. According to the company’s assessment, while July has historically been one of the […]
Peter Christiansen, an analyst at Citigroup Inc. (NYSE: C), has lowered his 12-month price target for Strategy Inc. (NASDAQ: MSTR) stock by half. Christiansen assigned a ‘Buy’ rating for Strategy stock in a note to clients on July 1, 2026. Further, he cut his 12-month price target for MSTR stock from $260 to $130, which […]
The third quarter has barely begun, and the crypto market is already debating what digital assets are going to climb in the coming months. As part of the discussion, Finbold has highlighted 2 cryptocurrencies likely to reach a $10 billion market cap in the second half of 2026. Stellar Stellar (XLM) is up 13% at […]
After closing June down about 20%, Bitcoin (BTC) price opened July 1, 2026, at its lowest level in more than 21 months. Bitcoin price fell to $57,950 earlier on Wednesday, the lowest level in 652 days. At press time, the flagship coin traded at approximately $58,620, down around 1% over the past 24 hours. BTC/USD […]