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.
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...
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 ...
Bitcoin traded slightly up at $81,684 while the overall crypto market capitalization dropped 2.62% to $2.76 trillion. Bitcoin makes up 59.4% of the market, with Ether at 10.6%. Among major cryptocurrencies, BNB saw the largest gain, rising 1.87%, whi...
On October 23, Ether was the only major cryptocurrency among five tracked to have a negative perpetual-futures funding rate, meaning short sellers pay long holders. Its rate was -0.0002% every eight hours, or -0.3% annualized. In contrast, XRP had th...
Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, warned that several assets including Bitcoin, U.S. natural gas, gold, silver, and various metals could follow a pattern of rising and then retreating in 2026. He emphasized that t...
