Extreme Bitcoin Shorts Can Predict a Bottom, Here’s the Importance

Bitcoin’s recent price drop has made many traders nervous betting on even more disadvantage, with on-chain data showing a notable increase in bearish positioning on major crypto exchanges. According to on-chain data from Santiment, overall funding rates have turned deeply negative. This level of deep shorting has not been seen in Bitcoin since August 2024, […]

BlackRock claims that just 1% crypto allocation in Asia could trigger a $2 trillion bullish tsunami

Advertisement &nbsp &nbsp A senior BlackRock executive said Asian household wealth could serve as a major driver of digital assets if investors allocate even a small portion of their holdings to crypto. Nicholas Peach, head of APAC iShares at BlackRock, has stated that a modest 1% allocation within standard portfolios could potentially translate into trillions […]

Bitcoin will likely reach $50,000 as Tom Lee says Crypto has been a huge disappointment

Advertisement &nbsp &nbsp Fundstrat’s Tom Lee says cryptocurrency prices have been disappointing in recent weeks, with digital assets out of line with a range of historical bullish drivers. Tom Lee notes that the lackluster prices are still linked to the October 10 megacrash that wiped out nearly $20 billion from the crypto market. One big […]

SEC Chairman Says Time Is Right to Open a $12.5 Trillion 401(k) Market for Bitcoin

Advertisement &nbsp &nbsp As US authorities move toward greater adoption of cryptocurrencies, Securities and Exchange Commission (SEC) Chairman Paul Atkins has expressed support for including digital assets in 401(k) plans. Individuals already have indirect access to Bitcoin (BTC) and other cryptocurrencies through professionally managed pension funds. Paul Atkins Pushes for Crypto Integration in the 401(k) […]