Matt Cole, CEO of Strive, describes the recent Bitcoin selloff as a mild bear market, highlighting strong fundamentals like growing institutional adoption and improved regulation. He expects Bitcoin to rise above $80,000 and possibly reach six figures later this year. New Bitcoin-backed digital credit products are attracting fresh capital, offering yield without relying on traditional debt markets. Cole also criticizes the fiat currency system as unsustainable, suggesting digital credit could replace traditional income sources in investment portfolios.
Cryptocurrency prices are fluctuating with Bitcoin trading near $63,359, up by 0.98%, and Ethereum at $1,664, up 1.07%. Some altcoins like Monero (XMR) and LAB have seen significant gains of 8.72% and 18.75% respectively, while others like TRX and BE...
SpaceX's upcoming IPO is predicted to value the company at $2.4 trillion, creating significant market volatility and a 'stress test' for Bitcoin's price. The IPO has driven increased trading interest in SpaceX-linked perpetual contracts, reflecting h...
Bitcoin, Ethereum, and XRP prices increased following former U.S. President Trump's suggestion of a potential peace deal with Iran this weekend. This geopolitical optimism boosted market sentiment despite nearly $2.5 billion in crypto options expirin...
Bitcoin price rose above $63,000 following Donald Trump's announcement of canceled U.S. strikes on Iran and progress toward a peace agreement, reversing losses caused by higher-than-expected U.S. producer inflation data. Despite conflicting reports f...
Bitcoin rose about 1% to near $63,700 on June 12, recovering from a recent dip below $60,000 amid signs of easing U.S.-Iran tensions. The de-escalation reduced fears of rising oil prices and inflation, which had pressured risk assets including crypto...
