Galaxy Digital CEO Mike Novogratz predicts Bitcoin will trade between $60,000 and $80,000 for the rest of 2026 but could rally to $100,000 if three conditions are met: clear U.S. crypto legislation, Federal Reserve interest rate cuts, and renewed retail investor interest. He notes that Bitcoin has become a recognized store of value with strong institutional support despite current subdued retail enthusiasm, which has shifted to other sectors like AI and tech. Rising U.S. debt reinforces his belief that Bitcoin remains a necessary portfolio asset. Without these catalysts, Bitcoin is expected to remain range-bound.
Strategy increased its Bitcoin holdings by 811 BTC recently, bringing its total to 849,327 BTC, over 4% of all Bitcoin in circulation. The company also reduced its leverage from 108% at the start of 2023 to just 3%, reflecting a stronger financial po...
Michael Saylor's company, Strategy, has nearly reached $1 billion in unrealized profits from its Bitcoin holdings, despite ongoing market volatility. The firm recently added 811 BTC worth $65.5 million, bringing its total to 849,327 BTC valued at abo...
Major cryptocurrencies declined as Bitcoin ETFs experienced over $1 billion in outflows following the $6.3 billion Binance hack. Despite the sell-off, analyst Tom Lee called the market's response "constructive," highlighting Binance's coverage of los...
A trader on Hyperliquid closed losing long positions in Bitcoin, HYPE, and Zcash, totaling about $6.13 million in losses, with Bitcoin accounting for roughly 72% of the losses. After this exit, the trader opened new leveraged long positions worth app...
Bitcoin fell nearly 2% to below $77,000 following renewed geopolitical tensions from Trump-ordered strikes on Iran's Qeshm Island, which also pushed oil prices above $106.95 per barrel. The conflict fears triggered a risk-off sentiment, causing $382 ...
