Swiss crypto asset manager 21Shares predicts Bitcoin will recover to $100,000-$110,000 by the end of 2026, viewing the current 50% price drop as a consolidation phase rather than a collapse. Key factors supporting this outlook include increased accumulation by long-term holders, a rising stablecoin supply indicating investor readiness to buy, and a strong support level around $60,000 aligned with Bitcoin's 200-week moving average. The firm also notes that a break above $70,000 could trigger a short squeeze, accelerating gains. However, risks remain from ETF outflows and geopolitical tensions that initially caused the sell-off. Investors should watch ETF flow data as a key indicator of market sentiment.
At the 2026 Chery International User Summit, Chery introduced its Super Intelligent Valet Parking (SIVP) system, designed to simplify parking for families. The system uses advanced sensors and AI to enable features like One Tap Departure and One Step...
Franklin Templeton's tokenized money-market fund, sgBENJI, shows varying unit amounts and valuations across blockchain networks. On Oct. 23, sgBENJI units totaled 48.3 million on XRP Ledger and 26.9 million on Stellar, with a combined value near $75....
James Wynn opened a 40x leveraged short position of 0.4947 Bitcoin on the Hyperliquid platform on October 23, with the position valued at approximately $40,500. The liquidation price for this trade was set at $82,671.48. This move comes 49 days after...
Parker Lewis argued that Bitcoin has the potential to settle global payments by allowing merchants to avoid card fees of around 3% and chargebacks, making Bitcoin payments attractive for businesses. He also discussed the limitations of Bitcoin's on-c...
Bloomberg Intelligence strategist Mike McGlone said that market expectations of three Federal Reserve rate hikes are creating a headwind for Bitcoin, gold, and copper. He warned that Bitcoin could drop to $10,000, linking this potential decline to a ...
