Bitcoin is strengthening its dominance in the cryptocurrency market as capital concentrates on major assets, while altcoins struggle with high selling pressure and reduced trading volumes. The traditional cycle where gains rotate from Bitcoin to altcoins is slowing, signaling a shift toward projects with real utility such as DeFi and tokenized assets. Institutional investments like Bitcoin ETFs further reinforce Bitcoin's central role, making altcoin growth more dependent on strong fundamentals and adoption. This marks a structural change in the crypto market, where future growth will likely favor established assets and fundamentally sound projects.
Analyst David Zanoni expects Bitcoin to reach a bottom near $38,000 around September 2026, based on historical four-year price cycles. He highlights IBIT as an accessible trading option during Bitcoin's bull and bear markets, though current technical...
PI Network's native token, PI, gained over 9% this week following a successful upgrade of most mainnet node operators to Protocol v25. This upgrade is seen as a bullish catalyst, pushing PI's price toward the key resistance level of $0.14, which has ...
US spot Bitcoin ETFs experienced a record $6 billion outflow over the past 30 days, driven by a 17% drop in Bitcoin's price and a 13-day consecutive redemption streak. The largest outflows came from BlackRock's IBIT and Fidelity's FBTC funds. This se...
US-listed spot Bitcoin ETFs experienced a record $6.4 billion outflow over 30 days as Bitcoin's price fell 17% to the mid-$60,000 range. This reflects declining institutional confidence and a broader risk-off sentiment during the ongoing crypto winte...
The Saba Capital Income & Opportunities Fund (BRW) currently provides a high dividend yield of about 15.7%, attracting income-focused investors. However, its net asset value (NAV) per share has declined from $9.86 in 2021 to $8.07 in 2024, with only ...
