Rick Rieder, Blackrock's CIO of Global Fixed Income, stated on June 15, 2026, that he believes bitcoin will go "considerably higher" over the long term despite its recent price drop of about 50% from its peak. Blackrock maintains a moderate bitcoin exposure, balancing it against opportunities in technology and emerging market debt. The firm also launched a new Bitcoin Premium Income ETF (BITA) that combines bitcoin holdings with income-generating options strategies. Rieder's bullish stance and Blackrock's continued bitcoin accumulation signal confidence in bitcoin's future growth despite short-term volatility and capital rotation pressures.
Bitcoin's price remains strongly supported above $80,000 despite growing fears of a bear market in traditional stocks, as highlighted by The Motley Fool's advice for cautious investing. Market sentiment shows high confidence (99% odds) in Bitcoin sta...
Bitcoin gained about 3.8% over the past week, supported by $2.39 billion inflows into U.S. spot Bitcoin ETFs. The total crypto market value neared $3 trillion, with Bitcoin holding near $84,000 after an eight-month high above $87,000. Among the top 1...
Bitcoin's unrealized profit rate has climbed to 33%, the highest since December 2024, while profit-taking reached 25,700 BTC, a record high in 2026. This combination indicates that investors are locking in gains amid the rally, which could weaken upw...
Kalshi's market predicts XRP could reach $1.70 by the end of September, though the contract for this price trades at just 32 cents, implying about a one-in-three chance. XRP has already surpassed $1.40, $1.50, and $1.60 strikes this month but faces c...
Between September 17 and 25, Bitcoin's price increased by 10.26%, supported by $2.88 billion in net inflows into Spot Bitcoin ETFs. Despite a brief price dip linked to U.S.-Iran tensions and a $351.6 million Bitget hack, Bitcoin saw steady outflows f...
