Michael Saylor stated on CNBC that Bitcoin is expected to deliver about 30% annual returns, significantly outperforming the S&P 500's long-term average of around 10%. He reiterated his $13 million Bitcoin price target for 2045, supported by institutional adoption, government treasury strategies, and Bitcoin's fixed supply. Saylor also noted that Bitcoin's bottom was around $60,000 and highlighted positive regulatory developments in the U.S., including progress on the CLARITY Act and potential SEC guidance that could boost blockchain and tokenized securities. This outlook reinforces his long-term bullish stance on Bitcoin's market performance.
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
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'...
