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.
Money Simpler has introduced an AI-powered quantitative trading platform that allows investors to earn additional returns from holding cryptocurrencies like Bitcoin (BTC) and XRP beyond just price appreciation. The system offers automated trading str...
Crypto markets experienced $298 million in leveraged liquidations, primarily in Bitcoin and Ethereum, alongside $90 million in outflows from U.S. spot Bitcoin ETFs. This reflects a broader trend of risk reduction and deleveraging across major cryptoc...
Macro strategist Michael Gayed dismissed the idea that Shiba Inu (SHIB) could ever hit $1, explaining that its market capitalization would need to surpass the entire global dollar supply to reach that price. Gayed's blunt response highlights the unre...
Franklin Templeton has filed with the SEC to launch two new ETFs that allocate 95% to U.S. equities and 5% to bitcoin, using corporate dividends to buy bitcoin exposure. This innovative structure aims to create a steady, automatic demand for bitcoin ...
Bitcoin fell below $63,000 due to delayed US-Iran peace talks, a cautious Federal Reserve stance, and a strong US dollar, which pressured risk assets. Institutional support weakened as US spot Bitcoin ETFs saw $2.26 billion in outflows in June. Techn...
