Browsing: sees

Bitwise CIO Matt Hougan sees Bitcoin reaching $1.3 million by 2035, but past BTC forecasts show how uncertain institutional adoption assumptions remain. | Credit: CCN.com

Fundstrat’s Tom Lee said on CNBC he expects the S&P 500 to reach 7,900 to 8,000 this month.

In a significant development for crypto markets, 151,007 market participants faced liquidation over the past 24 hours, resulting in a total of $573.05 million in liquidated positions. The largest single liquidation occurred on Hyperliquid, a decentralized perpetuals exchange, with a value of $24.61 million. This event highlights the ongoing high leverage stress within crypto futures…

The IBIT Bitcoin ETF, managed by BlackRock, experienced a notable shift last week with $292 million in net inflows, marking the first positive week after eight consecutive weeks of outflows. As of July 11, the ETF holds $60.286 billion in cumulative net inflows since its 2024 launch, reflecting renewed institutional interest in Bitcoin at current…