Bloomberg strategist doubles down on $10,000 bitcoin call but peers say it would take a nuclear war to get there
The longtime bitcoin bear’s gloom-and-doom call met with fierce rebuttal from industry analysts.
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The longtime bitcoin bear’s gloom-and-doom call met with fierce rebuttal from industry analysts.
Stress in the $3.5 trillion private credit market could ripple into digital assets through both macro contagion and tokenized credit markets, experts warn.
Korea’s tech-heavy Kospi has plunged 20% in the last two trading sessions, potentially pushing that country’s fast-money chasing traders back into crypto.
Almost $250 million worth of derivatives positions were liquidated in the past 24 hours despite a relative lack of volatility.
A weaker US jobs market has strengthened the case for easing, and investors are seeking protection in hard assets, some opine.
Since the beginning of June, ether treasury companies and ETH ETFs have purchased a massive 4.9% of the crypto’s circulation, the bank’s Geoff Kendrick said.
Powell’s dovish tone sent ether to fresh highs, but nearly $400 million in liquidations show just how stretched traders were heading into the move.
The AI-focused blockchain project Qubic announced the community’s intention to target Dogecoin on X.
The milestone reflects a year-long build in bullish sentiment, fueled by a friendlier regulatory backdrop under President Donald Trump and the rapid adoption of corporate treasury strategies centered on Bitcoin accumulation.
Crypto investors don’t seem fazed by the attacks.