Arthur Hayes warned about a potential decline to $70,000 for Bitcoin as large-scale ETF outflows could accelerate the downtrend.
The disappointments from several US states rejecting strategic Bitcoin reserves sent shockwaves to the entire crypto market, with the US spot BTC ETFs bleeding profusely.
Bitcoin’s failed breakout above $98k has led to a significant 3% price drop, with the wider crypto market following suit as total market cap decreased by 6% to $3.1 trillion.
Rezolve Ai has unveiled a Bitcoin treasury strategy with more than $1 billion set to be deployed to but the coin.
Michael Saylor is pushing the SEC task force to establish a regulatory framework for crypto, including the creation of a strategic reserve.
Sun argued that security should not rely on third-party smart contracts but should be embedded directly into the blockchain, making Tron a safer choice for large USDT holders.
The company’s total Bitcoin stash now stands at 499,096 BTC, acquired at an average price of $66,357 per coin, bringing its total valuation to around $33.1 billion.
The US spot Bitcoin ETFs registered the second consecutive week of cash outflow amid low volatility and a Gold price surge.
From Bitcoin’s price recovery near $100K to groundbreaking developments in ETF transparency and significant market events, the crypto landscape continues to evolve with notable shifts in industry dynamics.
Despite recent market volatility, experts remain optimistic about Bitcoin’s future. Let’s take a closer look at what analysts say about BTC price and its potential movements.
Sora Ventures has extended its Bitcoin investment agenda with a new yield offering dubbed MicroStrategy 2.0.
Altvest selected Bitcoin over other cryptocurrencies due to its decentralized nature, scarcity, and global recognition, which aligns with their long-term investment approach.
The Bitcoin mining hashrate has halted as uncertainty masks months of steady growth.
On-chain data analysis shows that Bitcoin transactions greater than $100K increased from around 6.5K on Monday to about 10K on Friday.
Strategy (formerly MicroStrategy) has priced a $2 billion offering of convertible senior notes, with an option for buyers to purchase an additional $300 million, as part of its aggressive Bitcoin acquisition strategy.