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.
Binance experienced a net outflow of $46.15 million in USDT within one hour, indicating more stablecoins were withdrawn than deposited. This movement may reflect traders reallocating capital to other platforms or DeFi protocols rather than exiting cr...
Cryptocurrency prices display varied changes, with Bitcoin holding steady around $77,567 and Ethereum slightly down near $2,136. Several altcoins such as NEAR and HYPE show significant gains, rising over 9% and 11% respectively, indicating selective ...
Billionaire investor Mark Cuban has sold most of his Bitcoin holdings after the cryptocurrency failed to act as a hedge during a period of dollar weakness and geopolitical tension, unlike gold which surged. Cuban criticized Bitcoin for not fulfilling...
Deribit's Bitcoin options open interest reached $31.3 billion on May 21, overtaking BlackRock's IBIT at $27 billion. Ahead of a $6.25 billion options expiry on May 29, the market shows a modestly bullish put/call ratio of 0.86, with a key max pain pr...
Cryptocurrency markets exhibit varied price changes, with Bitcoin trading around $77,732, up 0.35%, and Ethereum at $2,139.91, up 0.20%. Several altcoins show significant gains, including HYPE rising 13.7%, NEAR up 9.19%, and SUI increasing 6.74%. Th...
