Bitcoin $BTC$63,636.04 continues to trade in a narrow price band, and two of its biggest corporate believers aren’t blinking. Simon Gerovich, CEO of Metaplanet, and Michael Saylor, executive chairman of Strategy, two of the cryptocurrency’s biggest corporate holders, have doubled down on their argument that $BTC’s maximum issuance of 21 million coins beats infinite money
The Bitcoin Rainbow Chart indicates that Bitcoin ($BTC) could trade around $63,800 at the start of September 2026, based on the model’s current trajectory. With Bitcoin changing hands at $63,258 at press time, the forecast implies a modest gain of less than 1% over the next two weeks. The Rainbow Chart is a long-term valuation
Capital B purchased another five Bitcoin for €280,000, lifting its strategic Bitcoin treasury to 3,145 $BTC as the Euronext Growth Paris-listed company continued using equity issuance to fund its accumulation strategy. The Aug. 17 release shows the latest Bitcoin was acquired at an average €55,882 each. Capital B now reports a total acquisition cost of
Jeff Booth, a director at Core Scientific (NASDAQ: CORZ) and founding partner at Bitcoin-focused venture firm Ego Death Capital, has revealed that a 20-year IT veteran spent approximately 15,000 hours attempting to compromise Bitcoin’s network security — and failed. The disclosure, made during a recent interview, underscores the resilience of Bitcoin’s underlying cryptographic architecture against
A noteworthy assessment has emerged regarding the long-debated question in the cryptocurrency market: “Can Bitcoin reach $1 million by 2030?” Markus Thielen, founder of the research firm 10x Research, argued on the Trade Secrets program that it is mathematically unrealistic for Bitcoin to reach $1 million in the coming years. In recent years, many industry
The Coinbase Bitcoin Premium Index has stayed negative for ninety days as Bitcoin’s [$BTC] price continues its struggle to break above the $70,000 price level last observed in May. To put things in perspective, the Coinbase Bitcoin Premium Index calculates the price difference between Bitcoin on Coinbase and Binance and provides an estimate of buying
Le Identifies Seven Potential Market Catalysts Bitcoin markets could become more active during the fall as several regulatory, financial, and political developments converge, Strategy President and CEO Phong Le stated Aug. 16. His market outlook connects the potential revival with policy changes, institutional adoption, economic stability, geopolitical developments, and the U.S. midterm elections. Le presented
Bitcoin’s [$BTC] current valuation sits at the lowest end of the rainbow model, extending a decline that has moved the price below its historical trend. The metric normally categorizes the price of $BTC based on valuation bands using the relationship of market price to long-term growth trend. As the price falls further below that trend,
Bloomberg Intelligence Senior Commodity Strategist Mike McGlone has updated his medium-term Bitcoin forecast, warning investors about the risk of a major price correction. While the U.S. stock market, represented by the Nasdaq and S&P 500, is reaching new all-time highs, the leading cryptocurrency continues to lag behind equities. According to the analyst, Bitcoin’s inability to
The Coinbase Bitcoin Premium Index has extended its record-breaking negative streak to 90 consecutive days, CoinGlass data shows. According to data from CoinGlass, the index has remained below zero from May 19 through August 16. The latest reading stands at -0.1066%. This makes the current run the longest period of consecutive negative readings since the