Early Uber investor Jason Calacanis doubts Bitcoin can reach $250,000 or $1 million, arguing that Michael Saylor's aggressive accumulation and complex financial strategies have disrupted the Bitcoin market. Calacanis criticizes MicroStrategy's approach as overly complicated and suggests investors should buy Bitcoin directly instead. Despite this, some remain optimistic, citing Bitcoin's resilience and upcoming supply cuts that could boost prices. The debate highlights differing views on Bitcoin's future growth potential amid evolving market dynamics.
Bitcoin surged past $65,000, its highest since mid-August, driven by a rebound in US equities and easing geopolitical tensions. Spot Bitcoin ETFs in the US saw nearly $300 million in net inflows, signaling renewed institutional interest. Technical an...
VanEck reports that eight of its 12 Bitcoin capitulation indicators were active as of August 12, signaling late cycle stress in the market. Despite a 49% drop from Bitcoin's October peak, institutional demand via U.S. spot Bitcoin ETPs remains strong...
Bitcoin is consolidating around $64,200, caught between weak long-term trends and short-term stability, with key resistance near $66,000-$67,000. Ethereum is compressing near $1,900, poised for a breakout above $1,950 to signal potential upward momen...
Bitcoin climbed above $64,600 following US President Trump's statement that Washington is not engaging in talks with Iran, despite conflicting claims over the Strait of Hormuz. The strait remains a key route for global oil, keeping prices above $91 p...
Bitcoin briefly surged to $65,000 on Tuesday, marking a 0.5% daily gain and pushing its weekly rise above 2%, despite ongoing geopolitical tensions in the Middle East. The price spike triggered a $56 million short squeeze, forcing bearish traders to ...
