Bitcoin surged to $79,500, driven by a record $1.44 billion in short liquidations and strong inflows into U.S. spot bitcoin ETFs totaling about $1.92 billion over five days. Standard Chartered's analyst Geoffrey Kendrick now sees a potential year-end rally toward bitcoin's $126,000 all-time high, a 58% increase from current levels. This rally was supported by U.S. Treasury liquidity measures and political support for crypto regulation, which boosted investor confidence. The bank projects bitcoin could reach $100,000 this year and $500,000 by 2030, highlighting growing institutional demand and market momentum.
Ethereum surged 29.8% over the past week, reaching a high of $2,546 fueled by strong inflows into Ethereum ETFs, short covering, and reduced exchange supply. Spot ETFs attracted nearly $700 million in net inflows, with major players like Blackrock le...
Institutional investors have significantly increased their holdings in Hyperliquid Strategies, a U.S.-listed digital asset treasury company, with ownership reaching 9.45%. This rise in institutional interest coincides with market predictions that Hyp...
XRP experienced its strongest ETF inflow week since May, with nearly $40 million in fresh capital following a price rally of almost 60%. The surge in demand was highlighted on August 21, when XRP's price rose over 20% in 24 hours, attracting $18.38 m...
Bitcoin surged 26% to nearly $79,500 in just five days due to a massive $3.1 billion short squeeze, triggering strong retail investor FOMO. Experts note that retail traders now have more market influence, especially through zero DTE options, with som...
Grayscale's Head of Research, Zach Pandl, identifies three key reasons why now could be a favorable time to buy Bitcoin for investors with a long-term perspective: ongoing adoption trends, the bear market nearing typical cycle length, and a supportiv...
