The Bitcoin Rainbow Chart suggests Bitcoin could trade between $59,000 and $492,000 by June 1, 2026, depending on market cycles and sentiment. Currently priced around $77,000, Bitcoin sits in the 'BUY!' zone, indicating it may be undervalued relative to its long-term trend. The chart outlines various valuation bands, from deep bear market levels to peak bubble territory, helping investors gauge potential future price movements. While useful for long-term perspective, the model does not provide precise price predictions due to evolving market factors like institutional adoption and macroeconomic trends.
Derive (DRV) led crypto search interest, rising 14.88% to $0.548 with a market cap of $548.6M, following a previous 27% surge. Starknet (STRK) posted the largest 24-hour gain of 27.57%, trading at $0.0765 and valued at $570.2M. Other notable movers i...
On October 10, futures data showed a significant drop in long-position shares for XRP and Bitcoin in coin-margined contracts, with XRP falling 13 percentage points to 65.97% and Bitcoin down 9.30 points to 65.41%. This decline suggests a more cautiou...
A significant sell order of 100.534 Bitcoin, valued at approximately $8.3 million, was placed on Binance's perpetual market at a price of $82,585. This sell order caused the sell-side market depth to exceed the buy-side by about $4.5 million, represe...
On October 9, Cosmos Hub was the top-performing cryptocurrency, rising 17.05% to $2.07 amid a broad market rally where 67 of 90 tracked assets advanced. Other notable gainers included Bitway, Polkadot, Jupiter, and Aptos, each increasing over 10%. Me...
On October 9, Solana (SOL) recorded the highest funding rate among major cryptocurrencies at 0.0100% every eight hours, annualizing to 10.9%. This occurred even as its open interest decreased by 2.65% to $925.6 million, with traders mostly holding lo...
