Jordi Visser, president of Weiss Multi-Strategy Advisers, acknowledges that Bitcoin is currently unpopular and trading below its 200-day average, causing investor hesitation. However, he remains bullish on Bitcoin's long-term value, especially as AI advances increase the need for blockchain to verify authenticity, ownership, and digital scarcity. Visser sees stablecoins, tokenization, and NFTs as key to real-world crypto utility and believes the current weak sentiment is temporary. He also dismisses fears of a Bitcoin bubble, suggesting a market rotation phase lasting several months instead.
A cryptocurrency wallet linked to BitMEX co-founder Arthur Hayes purchased 3,000 ETH worth about $5.42 million following a US-Iran peace agreement that improved market sentiment. This move aligns with Hayes' bullish outlook on Ethereum despite his re...
Bitcoin jumped above $66,000, with Ethereum, XRP, and Dogecoin also rising up to 13% following a U.S.-Iran peace agreement that increased investor risk appetite. Despite significant trader liquidations totaling over $600 million in 24 hours, spot Bit...
Last week marked the fifth consecutive week of outflows from Spot Bitcoin ETFs, with $405.2 million withdrawn despite Bitcoin's price rising from $61,000 to $65,000. Similarly, Ethereum ETFs experienced significant outflows totaling $405.2 million, e...
Bitcoin surged nearly 5% to over $67,000, driven by reduced selling from large holders and shrinking exchange reserves, signaling lower selling pressure. Key support levels between $60,000 and $61,500 have strengthened due to whale buying, while tech...
Cryptocurrency markets display varied performance with Bitcoin priced at $66,801, up 4.35%, and Ethereum rising significantly by 9.77% to $1,824.49. Other notable increases include XRP, SOL, and ADA, reflecting growing investor interest. These moveme...
