Bitcoin has surged past the $80,000 mark despite major banks scrapping forecasts for Federal Reserve rate cuts this year due to persistent inflation pressures, particularly from high energy prices linked to geopolitical tensions. While higher interest rates typically weigh on risk assets, bitcoin appears increasingly viewed as an inflation hedge, supported by inflows into spot ETFs and selective strength in altcoins. Technical indicators suggest bitcoin is testing key resistance levels near $81,500 and $84,000, with a decisive breakout potentially driving prices higher, while sentiment remains cautiously optimistic at a neutral midpoint. This resilience highlights bitcoin's growing detachment from traditional macroeconomic factors and signals potential for further gains if it surpasses critical technical thresholds.
Elon Musk predicts that by 2036, money could become largely irrelevant as advances in artificial intelligence and robotics enable society to produce more goods and services than people can consume. This abundance could reduce the need for traditional...
Bitcoin, Ethereum, Solana, and XRP spot ETFs collectively attracted over $152 million in net inflows during mid-July 2026, with Bitcoin leading the charge. While Bitcoin and Ethereum remain dominant due to earlier launches, newer ETFs like Solana and...
Bitcoin climbed back above $65,000, rising about 1.2% amid a pause in US-Iran military actions, which eased geopolitical tensions and caused oil prices to fall nearly 5%. Ethereum outperformed Bitcoin with a 3% gain, signaling a potential altcoin ral...
Leading cryptocurrencies like Bitcoin and Ethereum rose following a pause in US-Iran hostilities, lifting investor sentiment and stock futures. Bitcoin reached $65,500 before facing resistance, while Ethereum spiked to $1,960. Market data shows signi...
Charles Hoskinson, co-founder of Cardano, warned that Bitcoin might lose its top cryptocurrency status if its governance structure fails to effectively address quantum computing challenges. He emphasized that Bitcoin's rigidity in making major upgrad...
