Standard Chartered analyst Geoffrey Kendrick says recent selling pressure on Bitcoin and Strategy Inc. (MSTR) shares stems from market confusion over the company's shift from accumulating Bitcoin to using it as collateral for credit products like STRC preferred stock. This new strategy reduces the need for Bitcoin sales, which had worried investors. Kendrick maintains a bullish Bitcoin price target of $100,000 by the end of 2026, viewing current volatility as temporary noise rather than a long-term trend change. The key to market stability is clearer communication from Strategy Inc. to convince investors that Bitcoin holdings will support financial products rather than be sold off.
Nine AI models forecast Bitcoin's price for August 1, 2026, with eight clustering between $63,420 and $67,940, indicating a likely period of price consolidation rather than sharp moves. These models used various mathematical approaches considering re...
The crypto market cap rose about 1.2% to $2.28 trillion, with Bitcoin holding steady above $64,000 and most top coins posting modest gains. Improved sentiment follows Bitcoin's tough June, aided by renewed ETF inflows and easing fear in the market. A...
Patrick Shyu, a former engineer at Meta and Google, warns that Bitcoin is threatened by two major issues: the decline of miner incentives as new coin rewards diminish and the potential future risk from quantum computing breaking Bitcoin's cryptograph...
Bitcoin has reached its most oversold level against gold on record, indicating it is trading at a deep discount relative to the precious metal. Historically, this signal has preceded major Bitcoin rallies, including a 660% macro rally after the last ...
The cryptocurrency market capitalization rose by $170 billion from July 1 to July 11, reaching $2.28 trillion, with Bitcoin trading above $64,100. This surge is driven by recovering ETF inflows, including a $265.69 million single-day inflow on July 6...
