Bitcoin ($BTC) could climb to between $380,000 and $450,000 from March 2028, according to crypto analyst Sykodelic, whose latest market outlook has sparked a heated debate on X over whether the current bear market is actually a mid-cycle correction. The forecast stands out because it argues that $BTC has not yet completed its broader bull
AI heavyweight Anthropic said earlier this week that its Claude Mythos Preview model had discovered an attack that halves the effective key strength of HAWK, a proposed replacement for the digital signatures that protect online banking and web payments. The work took about 60 hours and roughly $100,000 in computing costs, against an algorithm that
Arthur Hayes believes Bitcoin’s sluggish performance isn’t because liquidity has disappeared. Instead, he says the AI investment boom has become the market’s biggest capital magnet, absorbing nearly every fresh dollar that would have otherwise flowed into crypto. Speaking with Bonnie Blockchain on June 26, Hayes explained why Bitcoin continues to lag even as global money
Bitcoin extended its positive run last week with a minor 1% weekly gain, marking its fourth straight weekly advance for the first time since April. Even so, the rally showed signs of losing momentum after a sharp midweek reversal weakened buying pressure. The cryptocurrency climbed to a weekly high of $67,000 on Tuesday before dropping
Bitcoin entered today (July 29) with three demand channels losing momentum near $64,000. Four consecutive US spot Bitcoin ETF sessions saw a combined $526.5 million in net outflows, while Glassnode reported weaker perpetual futures buying and stagnant broader on-chain capital inflows. Bitcoin traded near $64,200, leaving $64,000 as an immediate market test rather than a
Bitcoin’s [BTC] recent price increase is shifting focus towards how long-term holders (LTH) are reacting to current market conditions. Instead of increasing the distribution rate, LTH activity still points to measured profit-taking during periods of strength. Recent Long-Term Holder SOPR data supports that view, printing another notable spike after similar peaks around the 5th of
Bitcoin’s Yardstick indicator remained in the undervaluation zone for 83% of the past 92 days. The network’s processing power (hash rate) recorded a 22% drop from its all-time high. The realized cap ratio between long-term and short-term holders reached a reading of 3.9 points. Fidelity Digital Assets identified patterns suggesting the formation of a projected
Jamie Coutts rejects claims that Strategy caused Bitcoin’s decline, arguing weak demand and tightening global liquidity better explain the market reversal across markets. Long-term holder selling peaked last year, while Coutts now believes an earlier risk-model warning may have marked the top of the entire cycle. Government debt, AI borrowing and private fundraising are absorbing
Hyperscale Data held 1,106.0467 $BTC worth about $71.7 million, exceeding its roughly $56.4 million market capitalization by approximately $15 million. The apparent discount is complicated by $216.7 million in total liabilities, a $90.1 million preferred liquidation preference and potentially restricted Bitcoin collateral. A $300 million stock-sale program and planned ACG divestiture could alter common shareholders’
Bitcoin volatility returned after the Federal Reserve kept interest rates unchanged at 3.50% to 3.75% following a closely watched FOMC meeting. $BTC traded near $63,553.21, with a 24-hour decline of 0.27% as investors evaluated the Fed’s next policy moves. Market participants are focusing on Fed Chair Kevin Warsh’s comments and future rate signals that could