Research firm River projects Bitcoin's price could soar to between $250,000 and $840,000 within three to five years if 20%-40% of global investment portfolios allocate 2%-4% to Bitcoin. Currently, only about 4% of the global population owns Bitcoin, and institutional allocations remain very low. As adoption rises, potentially adding $1.3 trillion to $5.3 trillion in new capital, Bitcoin's fixed supply means demand could sharply increase its price. Adoption is already growing, with more financial advisers holding Bitcoin, but allocations remain small, suggesting significant room for growth ahead.
Options data from Coinbase indicates that XRP could experience an 8.7% price movement, up or down, by November 8. This suggests a potential price range between $1.14 and $1.36, based on implied volatility from options trading. The data reflects marke...
Bitway (BTW) led losses among the top 89 non-stablecoin cryptocurrencies, falling 13.82% to $0.909. Other significant drops included Zcash (ZEC) down 10.95%, NEAR Protocol (NEAR) down 10.79%, and Aave (AAVE) down 7.61%. Despite widespread declines, R...
Bitcoin experienced $11.6 million in long position liquidations within a one-hour period ending at 10:04 p.m. ET on November 2, according to combined data from Binance, Bybit, and OKX exchanges. This liquidation occurred as Bitcoin's price fell from ...
Over a 24-hour period, seven major cryptocurrencies including Bitcoin, Hyperliquid, Zcash, AudaCity, Lighter, Monad, and Sui experienced price declines. Bitcoin traded at $77,021, down 1.70%, while AudaCity saw the steepest drop of 10.38% to $0.0183....
A crypto derivatives account linked to address 0x4044570e13b5184f7eb2709de25a4eb766a4794c reduced its Bitcoin long position by approximately $7.71 million. The account has faced cumulative losses totaling about $20.91 million. This update was recorde...
