James Wo, CEO of crypto investment firm DFG, argues bitcoin has stronger institutional support and safe-haven status than ether, which he believes won't reach new all-time highs soon. Wo points out that Ethereum's value is diluted by Layer-2 networks diverting fees and activity, limiting ether's value accrual. He forecasts bitcoin could correct to around $60,000 before reaching a new peak near $125,000 in 2027 or 2028, expecting it to outperform major stock markets. Wo's views contrast with more optimistic ether predictions like Tom Lee's $250,000 target, emphasizing bitcoin's dominant role in crypto investing.
Sui (SUI) cryptocurrency fell 8.76% over the past week, pressured by upcoming token unlocks totaling 13.72 million tokens on August 1, which may increase supply and selling pressure. The market shows short-term bearish sentiment with declining open i...
Crypto analyst Kevin Capital suggests Bitcoin could fall to $44,000 but recommends starting gradual purchases now rather than waiting for the exact bottom. He notes Bitcoin is in a typical bear-market bottoming phase from July to October and has alre...
Ethereum's price strength against Bitcoin has hit its highest level in three months, signaling a possible uptrend. Analysts highlight a breakout above key resistance levels and bullish chart patterns suggesting further gains. Short-term targets near ...
Bitcoin whales have increased their accumulation to the highest level seen in five months, according to onchain data from CryptoQuant. This surge indicates a significant divergence in behavior among large holders, which could impact market dynamics. ...
Bitcoin remained stable around $65,000 even as AI-related tech stocks, including Nvidia, fell sharply. Analysts say the upcoming Federal Reserve decision and key economic data will be critical in determining whether Bitcoin breaks above $67,300 to st...
