Despite a recent price correction that pushed Bitcoin below $80,000, traders on the Kalshi platform remain optimistic, betting on Bitcoin reaching $85,000 by the end of September. This bullish sentiment follows a strong rally in August, with traders expecting at least an 8% price increase from current levels around $79,000. If this prediction holds, Bitcoin could close September with a positive return, continuing the upward trend from the previous month and sustaining investor confidence in the asset's momentum.
On October 11, XRP's coin-margin long positions increased significantly by 12 percentage points to 78.32%, while Ethereum's long positions declined in both coin-margin and USDT-margin markets. Bitcoin and Solana also saw notable increases in long pos...
Ripple CEO Brad Garlinghouse expressed strong confidence in XRP, highlighting its fast transaction times, low costs, and growing adoption by financial institutions. He owns a significant amount of XRP but did not disclose specifics, and also holds Et...
Bitcoin's price fell 7.59% from $87,000 to $80,393 between October 5-8 but has since rebounded to $82,800. Despite a generally bullish longer-term trend, market indicators like elevated stress levels and net Bitcoin inflows to exchanges suggest cauti...
Matt Hougan, CIO of Bitwise Asset Management, suggests Bitcoin could reach a $30 trillion market value by following a growth path similar to gold's expansion after its ETF launch. He highlights that institutional access via ETFs, which started in 202...
South Korea's crypto market showed renewed risk appetite with a 79% advancer ratio among major tokens. Bitcoin traded slightly higher at 113.13 million won, while Ethereum also rose. Starknet on Bithumb led gains with a 51.3% jump, supported by stron...
