Arthur Hayes, co-founder of BitMEX and CIO of his family office Maelstrom, reaffirmed a long-term Bitcoin position and set a $10,000 price target for Ether by the end of 2026. He also set speculative targets for altcoins Ethena at $0.50 and Ether.fi at $2. Hayes' outlook is tied to macroeconomic factors like euro-yen dynamics and Fed liquidity policies. Currently, Ether trades around $2,379, indicating significant upside potential if Hayes' forecast materializes.
Cryptocurrency markets display varied price changes, with Bitcoin trading around $77,361, slightly up by 0.30%. Ethereum and some other major coins show minor declines, while several altcoins like ASTER, MNT, and ARB experience significant gains, ind...
Market maker Wintermute reports a shift in crypto trends with XRP outperforming Bitcoin and other altcoins, rising from $1 to $1.70 amid strong institutional interest. Despite macroeconomic challenges and geopolitical tensions, XRP attracted $110 mil...
Japan's 10-year government bond yield reached 3% for the first time since 1996, driven by inflation, fiscal concerns, and expectations of Bank of Japan tightening. This rise threatens the yen carry trade, where investors borrow yen cheaply to invest ...
Bitcoin has traded in a narrow range between $76,500 and $79,500 for five days, supported by an active-investor cost basis near $76,350 which absorbs selling pressure. Long-term holders show limited profit-taking, while downside options protection cl...
The cryptocurrency market experienced a $369.67 million liquidation wave, heavily impacting XRP, Ethereum, and Solana due to rising oil prices, higher U.S. Treasury yields, and expectations of a Federal Reserve rate hike. Over 90,000 leveraged trader...
