Veteran Bitcoin traders currently hold record unrealized profits, nearly three times higher than the 2021 peak, driven by spot Bitcoin ETF inflows and digital asset treasury companies absorbing supply. This market shift has led to a deleveraging phase with Bitcoin trading near prices from two years ago. While leverage in futures has decreased, it remains elevated due to ETF activity. Signs of increased buying by long-term holders suggest some veteran traders may be preparing for a potential rebound, although this is not a definitive signal of a market bottom yet.
Prediction market bettors expect Bitcoin's price to remain volatile but largely stable around $80,000 by the end of 2026. Polymarket shows a 73% chance of Bitcoin reaching $85,000, while Kalshi's $35 million market centers predictions near $81,000. H...
Bitcoin analyst Willy Woo highlights a significant divergence between Bitcoin and the S&P 500, comparing it to a similar pattern seen in 2015 before the 2017 bull market. This decoupling suggests Bitcoin may be entering a bullish phase while equities...
Tether CEO Paolo Ardoino revealed a strategy to transform the stablecoin issuer into a diversified financial powerhouse by accumulating large reserves of Bitcoin and physical gold. The company has been purchasing 1-2 tons of gold weekly, amassing abo...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $79,169, slightly down by 0.85%. Ethereum remains stable at $2,490.82, while other coins like DOT and AVAX show significant gains of 13.53% and 6.40% respectively. These...
Bitcoin's price hovered between $78,707 and $80,494, settling near $79,176 with a slight 0.8% drop in the last 24 hours. Analysts expect Bitcoin to trade within a tight range of $78,000 to $82,000 until the Federal Reserve's policy decision in mid-Se...
