Michael Saylor, executive chairman of Strategy, stated at Bitcoin Corporate Day that investor confidence in Ethereum has collapsed as Bitcoin's market dominance surged from 41% in 2021 to nearly 70% by mid-2026. This shift indicates a structural move where investors favor Bitcoin as the primary crypto asset, treating altcoins more as speculative ventures. Ethereum faces challenges from its own Layer-2 solutions like Arbitrum and Base, which fragment its economic value, while competitors like Solana, Sui, and BNB Chain focus on real-world utility. Saylor's comments highlight a broader trend of consolidation around Bitcoin amid growing competition in the crypto space.
Crypto markets experienced $186 million in liquidations over 24 hours due to volatile price moves, with losses split between long and short positions. Bitcoin saw $34.97 million liquidated and Ethereum $24.65 million, reflecting market uncertainty. M...
Bitcoin exchange-traded funds (ETFs) attracted $85.85 million in net inflows on June 12, marking the largest single-day inflow in about four weeks and ending a five-session outflow streak that had drained $727 million. This surge coincided with Space...
After five days of outflows, U.S. Spot Bitcoin ETFs recorded a strong inflow of $85.85 million on June 12, indicating renewed institutional interest. Bitcoin’s price rose 1.3% to around $63,750 but faces a critical resistance near $63,900, a level it...
US long-term bond yields have reached historic highs between 4.5% and 5%, creating a challenging environment for Bitcoin and other risk assets. This rise in yields increases the cost of money and reduces liquidity, making investors hesitant to take o...
Bitcoin surged above $64,000, rising over 8% from its recent low near $59,000, driven by the largest U.S. spot Bitcoin ETF inflows since mid-May totaling $85.9 million. Optimism around a near peace deal between Pakistan and Iran, with finalization ex...
