Anthony Scaramucci and Mike Novogratz predict Bitcoin may reclaim $70,000 by July 2026, fueled by current negative market sentiment and potential progress on the U.S. CLARITY Act, which aims to clarify crypto regulations. Novogratz links Bitcoin's outlook to the U.S. $40 trillion debt and the need for steady inflation to reduce debt value, supporting Bitcoin as a scarce asset hedge. However, political uncertainty and market pressures from the recent SpaceX IPO and Strategy's Bitcoin trades add caution. The CLARITY Act's passage remains uncertain, with ongoing debates over ethics and privacy issues, while crypto liquidity faces challenges amid large tech stock offerings.
Bitcoin (BTC), the leading cryptocurrency by market capitalization, crossed the $80,000 price mark, reaching $80,209 on Binance's spot market at 12:55 p.m. ET on October 24. This milestone reflects a 0.71% increase over the previous hour, indicating ...
Crypto trader Doctor Profit announced he is increasing his Bitcoin long positions around the $80,000 price level, identifying this zone as a good buying opportunity rather than a reason to panic. He follows a strategy of adding to his positions each ...
On October 23, U.S. spot Bitcoin ETFs experienced $137.9 million in net outflows, marking a second consecutive day of withdrawals following similar outflows on October 22. In contrast, spot Ether ETFs recorded $4.4 million in net inflows the same day...
McDonald's announced the return of its McRib sandwich on October 27, reigniting a quirky market superstition linking the McRib's comeback to bullish bitcoin price movements. Historically, bitcoin posted gains after six McRib returns from 2019 to 2024...
Bitcoin's price fell 1.23% within one hour to $79,302 on Binance, marking a 2.72% decline over the past 24 hours. During this period, long liquidations across Binance, Bybit, and OKX totaled $45.14 million, significantly outweighing short liquidation...
