Michael Saylor, head of Strategy, explains that Bitcoin's future will be decided by four groups: maximalists who provide faith, capitalists integrating Bitcoin into traditional funds, technologists developing Layer 2 solutions, and fundamentalists protecting decentralization. Despite Strategy's Bitcoin holdings facing a $10.8 billion unrealized loss due to market declines and a recent small sale to cover dividends, Saylor remains optimistic. He attributes the market downturn to a temporary shift of investor capital toward AI projects and suggests Bitcoin's base layer must stay conservative while innovation happens on upper layers. Strategy may buy more Bitcoin on dips, signaling confidence in the long-term outlook.
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
