Franklin Templeton, a $1.68 trillion asset manager, forecasts Bitcoin's price to rise above $100,000 in 2026 despite current selling pressure and a macro bear market. Christopher Jensen, director of Digital Asset Research at Franklin Templeton Digital Assets, highlighted that Bitcoin could reclaim its 200-day moving average before rallying, though the path will be volatile and marked by fluctuations. The firm attributes its bullish outlook to strong institutional demand, especially in the U.S., supported by clearer regulations like the proposed Clarity Act. This regulatory progress could trigger capital shifts from gold and stocks to Bitcoin, reinforcing its growth potential next year.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
