Bitcoin's price hovering around $64,000–$65,000 is seen as 'massively undervalued' by Tether advisor Gabor Gurbacs, who highlights that unlike the 2021 peak driven by hype and leverage, today's market benefits from institutional tools like spot ETFs and clearer regulations. Institutional investors are steadily accumulating Bitcoin, with recent ETF inflows exceeding $226 million, signaling strong confidence and a foundation for future price growth. This shift suggests the current price level is a stable accumulation zone rather than a risky peak, potentially paving the way for Bitcoin to surpass previous highs once speculative leverage clears.
Bitcoin has rebounded about 15% from early July lows, climbing above $66,600 for the first time in over a month. Analysts from Bitfinex identify $68,000 as a crucial resistance level where many recent buyers might sell, potentially stalling the rally...
Russia's State Duma has passed a law recognizing major cryptocurrencies like Bitcoin, Ethereum, and XRP as legal property, allowing their use in commercial and cross-border transactions. Retail investors face an annual purchase cap of 300,000 rubles ...
Ethereum has surpassed the 10% threshold of total crypto market capitalization, marking its strongest weekly gain among the top cryptocurrencies with nearly a 9% increase. This surge outperformed Bitcoin and other major assets, driven by significant ...
Bitcoin shows signs of potential volatility as realized profits near $65k and spot demand weakens, raising risks of a sharp price drop. Despite this, whales have accumulated over 66,000 BTC during recent price dips, signaling strong conviction and a ...
President Donald Trump finalized a US crypto clarity bill aimed at defining regulatory boundaries for digital assets, coinciding with continued strong inflows into Bitcoin and Ethereum spot ETFs, reflecting sustained institutional interest. The bill ...
