Jeremy Grantham, a veteran market strategist, criticized Bitcoin as a 'useless, speculative mechanism' that lacks income generation, stable value, and practical use as currency. He highlighted Bitcoin's energy-intensive proof-of-work system as economically unproductive and questioned its role as a store of value or medium of exchange. Grantham predicts a gradual decline in Bitcoin's relevance over decades, despite its current trading price around $60,500 and recent institutional outflows. His warning adds to ongoing debates about Bitcoin's long-term viability amid shifting investor sentiment and growing AI investment.
Ocular Therapeutix received a Buy (speculative) rating with a 12-month price target of $7.90 following strong Phase 3 SOL-1 trial results. The positive data supports a clear regulatory path, with a New Drug Application (NDA) filing expected in Q4 and...
A 25-times-leveraged Ether (ETH) long position was fully liquidated during a brief crypto market drop, resulting in a net loss exceeding $180,000. The trader later reopened a smaller long position holding 115 ETH, valued at about $269,000, with a liq...
Avalanche (AVAX) was trading at $8.85 as of early October 25, slightly down by 1.02% over the past 24 hours. Crypto analyst Giannis Andreou identified a support range between $8.50 and $8.90, which AVAX is currently within. If this support holds, And...
On October 25, Binance's Ether (ETH) perpetual market displayed a sell surplus of approximately $2.68 million, with sell orders totaling $59.45 million against buy orders of $56.77 million. At the time, Ether was priced at $2,343.23. The spot order b...
MemeCore (M) price fell about 10% on October 25, 2026, due to a structural unwind in leveraged positions and low genuine trading volume, rather than any specific news or token event. The token's price reversal followed a rally with declining spot vol...
