Institutional money, funds, and public companies continue to increase their BTC holdings and currently control 12.3% of all Bitcoin supply. According to Bitcoin analytics platform Ecoinometrics, this figure has dramatically increased over the past 12 months. Institutional money added 5% to their combined holdings in the past year alone, helping propel Bitcoin’s price by over
Bitcoin continues to trade with renewed strength, supported by a decisive rebound from demand zones and a confirmed market structure shift. While momentum remains bullish, traders should remain mindful of potential pullbacks into key support zones before continuation higher. Technical Analysis By Shayan The Daily Chart On the daily timeframe, BTC recently staged a strong
The ongoing advancement in quantum computing is raising urgent questions about the long-term security of Bitcoin (BTC). Unlike classical machines, quantum computers can solve certain problems exponentially faster, posing a direct threat to Bitcoin. Notably, using Shor’s algorithm, a sufficiently powerful quantum computer could break elliptic curve cryptography (ECC) and recover private keys from public
Arthur Hayes believes the current crypto bull market has further to run, supported by global monetary trends he sees as only in their early stages. Speaking in a recent interview with Kyle Chassé, a longtime bitcoin and Web3 entrepreneur, the BitMEX co-founder and current Maelstrom CIO argued that governments around the world are far from
Bitcoin’s rally lost momentum in August, and slowing corporate accumulation may explain why. Tracked treasury entities added 47,718 BTC last month ($5.2 billion), down from more than 100,000 BTC in July, according to the latest Bitcoin Treasuries Adoption Report. That brought total holdings across public companies, private firms, governments and ETFs to 3.68 million BTC,
Billionaire investor and tech entrepreneur Chamath Palihapitiya has suggested that Bitcoin (BTC) could reach $1.14 million in the current cycle and replace gold in the long run. Palihapitiya, in his statement, noted that Bitcoin has historically experienced price increases after halvings, and that this time, the market has experienced a “turning point” with the introduction
Cryptocurrency analyst and trader Jason Pizzino says Bitcoin (BTC) could hit the cycle top in the coming weeks. In a new strategy session, Pizzino tells his 358,000 YouTube subscribers that Bitcoin could hit the cycle top in October or November based on historical precedent. “November [of 2021] was the top in the last cycle. And
Wall Street veteran and macro analyst Jordi Visser is forecasting that US financial institutions are set to ramp up their Bitcoin allocations before the year is out. “Between now and the end of the year, the allocations for Bitcoin for the next year from the traditional finance world are going to be increased,” Visser told
Bitcoin (BTC) has reached a critical turning point, successfully flipping a key horizontal support zone that previously acted as resistance. With momentum now building, the focus has shifted to the next major test: the $117,000 resistance level. A decisive move above this threshold would not only confirm the continuation of the current rally but also
Despite experiencing a significant plunge from ATH levels earlier last month, the Bitcoin price continues to test crucial levels that could shape the trajectory of its next move. A fresh analysis from crypto market expert Casitrades suggests that the coming days could define whether the broader market will face a macro correction or extend its