Bitcoin fell below US$112k briefly on Tuesday morning but recovered to US$112,857, still down 2.5% for the week alongside other major cryptocurrencies. The market decline triggered US$1.5 billion in liquidations affecting 407k traders, with Ethereum leading the liquidation event at US$342 million in forced closures. The Crypto Fear and GreedContinue Reading
BitMEX co-founder Arthur Hayes sold his entire HYPE holdings worth US$5.1 million, initially “claiming” he wanted to buy a Ferrari with the proceeds. Despite previously arguing HYPE could soar 126X, Hayes warned the token faces its first major test as US$12 billion in team unlocks hit the market. HYPE’s priceContinue Reading
Bitcoin investors should focus on long-term growth rather than expecting immediate wealth or overnight gains. Despite recent underperformance versus gold and the S&P 500, Bitcoin remains the top-performing asset against currency debasement. Long-term holders are “laughing” at short-term volatility, with historical returns averaging 82.4% annually over the past decade. BitMEXContinue Reading
Major cryptocurrencies gained strongly over the past week, with Bitcoin up 3%, Ethereum 4%, XRP 8% and Solana surging 14% amid growing institutional adoption. US Bitcoin ETFs attracted US$1.3 billion in net inflows this week after previous outflows, with BlackRock’s fund now holding 3.59% of all Bitcoin supply. The FederalContinue Reading
Ethereum’s August revenue was US$39.2 million, a 30% drop from July and a 75% drop from the previous year, making it one of the network’s weakest months since 2021. The decline in revenue can be traced back to the Dencun upgrade in March 2024, which significantly reduced fees for Layer-2Continue Reading
Arthur Hayes predicts Hyperliquid’s HYPE token could surge 126x within three years at Tokyo’s WebX 2025 conference. Hayes expects Hyperliquid’s fees to grow sharply, from US$1.2B (AU$1.85B) to US$258B (AU$397.07B). He links this to stablecoin expansion, forecasting US$10T (AU$15.43T) supply and 26.4% market share. BitMEX co-founder Arthur Hayes delivered anContinue Reading
Swyftx analysts Pav Hundal and Tommy Honan, said the catalyst for strong altcoin price growth in the remainder of 2025 could be ETH hitting all-time highs. Hundal and Honan cited Google Trends data showing investor interest in altcoins is twice as high as it was during the peak of theContinue Reading
Analysts remain divided on Bitcoin’s next move, with one side warning of potential market correction. Pav Hundal warns investors about Bitcoin’s technical weaknesses, recommending cautious portfolio management during volatility. Chiefy highlights ten specific altcoins as potential opportunities, positioning them for growth in the coming months. With Bitcoin hovering near recordContinue Reading
Bernstein analysts now expect the crypto bull market to run until a potential peak in 2027, extending their previous timeline. The firm forecasts that Bitcoin could reach $150,000 to $200,000 within the next year, with the rally then broadening to include Ethereum, Solana, and high-cap DeFi tokens. Bernstein also raisedContinue Reading
Steven McClurg, the CEO of Canary Capital, predicts that Bitcoin has a better than 50% chance of reaching $140,000 to $150,000 this year, before a potential bear market in 2026. He attributes the rally to strong institutional demand, with major players like sovereign wealth funds and insurance companies showing interestContinue Reading