'Pefect' Bitcoin Would Cost $750,000, According to Bitwise
Billionaire investor Ray Dalio recently took aim at Bitcoin despite personally holding the leading cryptocurrency. However, where Dalio sees fundamental flaws, Bitwise President Matt Hougan sees a roadmap to a $750,000 valuation.Privacy, quantum risks, and small marketsDuring a recent…
Shiba Inu Futures Flow Jumps 1,724% in One Hour as Price Weighs Next Move
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 1,724% jump in futures netflows in the last hour attracting the market's attention.According to CoinGlass data, Shiba Inu saw $1.17 million in futures inflow in the last one hour with outflows coming in at $1.06 million. This has produced a…
Biggest Hyperliquid Whales Back Bitcoin Rally With $257.49 Million
According to the latest updated data from CoinGlass, whale traders on the Hyperliquid platform with volumes exceeding $50 million — also referred to as leviathan — are currently strongly bullish on Bitcoin. In particular, the volume of long positions in BTC among this category of…
Bitcoin Mining Companies Start Capitulating as BTC Remains Below $70K
Some of the largest Bitcoin miners in the world are liquidating their treasuries and rewriting their corporate strategies to allow for massive balance sheet sell-offs.Two major industry players (Core Scientific and MARA Holdings) are navigating this wave of miner capitulation.Publicly traded…