Bitcoin surged past $80,000 on May 4, reaching its highest level since January 2026, driven by increased inflows into its derivatives market. The price briefly hit $80,617 before slightly retracting to around $79,760, pushing Bitcoin's market cap to $1.6 trillion. However, low spot demand and rising Bitcoin supply on exchanges suggest the rally is mainly fueled by leveraged traders, which may not be sustainable. Analysts predict a possible consolidation around $79,850 in the coming week, indicating a cautious near-term outlook.
In a recent debate moderated by Fox Business, Peter Schiff acknowledged that Bitcoin is unlikely to go to zero, a statement that Anthony Pompliano highlighted as a win. Schiff, known for repeatedly predicting Bitcoin's demise, was challenged by Pompl...
Bitcoin briefly reached $67,000 but fell back below $66,000 amid cautious market reaction to the U.S.-Iran peace agreement. While traditional stocks surged, with the S&P 500 up 1.7% and Nasdaq 100 rising 3.1%, Bitcoin showed only a modest 0.3% gain. ...
Ethereum (ETH) price rose 2.5% to near $1,700 after whale wallets accumulated over 1.11 million ETH in a week, marking the strongest buying pace in 2026. An address linked to Arthur Hayes bought 3,000 ETH ($5.42M) following the US-Iran diplomatic agr...
Bitcoin surged past $67,000 driven by fresh inflows into U.S.-listed crypto ETFs like Solana and XRP, signaling growing institutional demand beyond just Bitcoin and Ethereum. Major miners like MARA are accumulating Bitcoin, reducing near-term supply ...
Large investors have resumed buying Bitcoin, with Strategy adding 1,587 BTC worth about $100 million, raising its total holdings to 846,842 BTC. This renewed demand is reducing available supply, fueling speculation about a potential supply shock. Mea...
