Michael Terpin, an early bitcoin investor known as the 'Crypto Godfather,' predicts bitcoin has not yet hit its bottom and expects a drop to around $57,000 in October before any sustained rise. He argues that bitcoin will not reach a new all-time high in 2026, contrasting with other analysts who see February's $60,000 low as the start of a bull run. Terpin cites lack of strong support above $100,000 and typical cycle behavior as reasons for further downside. Some analysts agree a bottom is not yet reached, while others remain optimistic about institutional adoption driving prices higher later this year.
Bitcoin surged 4.37% following a cooler-than-expected CPI report, which reduced market fears of a rate hike and boosted risk appetite. This shift is supported by rising long positions and strong on-chain fundamentals, including increased wallet holde...
Morgan Stanley's Denny Galindo highlights that Solana (SOL) has historically been a better diversifier in crypto portfolios than Ether (ETH), despite SOL's higher volatility. Bitcoin remains a low-correlation asset with traditional markets, but addin...
Bitmine Immersion Technologies Inc. reported $45.7 million in revenue from Ethereum staking in Q3 2026, marking a major shift from bitcoin mining to digital asset management. The company now holds 5.4 million ether valued at $10.85 billion, making it...
Abraxas Capital moved 618 BTC worth about $40 million onto Kraken, likely preparing to sell, while withdrawing 8,153 ETH valued at $15.3 million from Binance and Bybit, signaling a possible shift from Bitcoin to Ethereum. This $55 million transaction...
Bitcoin's price surged above $65,000, reaching a high of $68,560, marking a 29% recovery from its recent low. This rally is driven by $1.2 billion inflows into spot Bitcoin ETFs, reflecting renewed institutional optimism at an average cost basis of $...
