Zcash has defied the broader cryptocurrency market downturn with a spectacular 45% weekly rally, reaching an eight-year high. The privacy-focused cryptocurrency has now surpassed Monero to become the most valuable coin in its category, fueled by bullish price predictions and growing investor interest.
about Zcash Soars 45% Amid Crypto Downturn, Tops Privacy CoinsHayes
0 posts last weekArthur Hayes Predicts Bitcoin Surge Under Trump’s Economic Policies
Arthur Hayes, former CEO of BitMEX, believes that Donald Trump’s economic strategy, which involves extensive debt issuance and potential monetary easing by the Federal Reserve, could lead to a significant Bitcoin rally. He estimates that liquidity injections of $2.74 trillion to $3.24 trillion could drive Bitcoin’s price toward $1 million during Trump’s presidency, despite current market struggles. The interplay between Trump’s fiscal policies and the Fed’s response is crucial for the cryptocurrency’s future trajectory.
about Arthur Hayes Predicts Bitcoin Surge Under Trump's Economic PoliciesBitcoin Price Faces Potential Drop to Seventy Thousand Dollars Amid Market Uncertainty
Bitcoin is facing significant downward pressure, with analysts predicting a potential drop to the $70,000–$75,000 range due to macroeconomic factors linked to U.S. fiscal policies. A recent 12.6% decline marks the steepest drop since the FTX collapse, fueled by uncertainty surrounding President Trump’s inaction on pro-crypto promises. Analysts suggest Bitcoin may remain in a consolidation phase until clearer economic policies are established.
about Bitcoin Price Faces Potential Drop to Seventy Thousand Dollars Amid Market UncertaintyBitcoin Price Faces Potential Drop to 70000 Amid Market Uncertainty
Bitcoin’s price is under severe pressure, with analysts predicting a potential drop to between $70,000 and $75,000 due to macroeconomic factors linked to President Trump’s budget decisions. A recent 12.6% decline marks the highest drop since the FTX crash, fueled by disappointment over Trump’s inaction on crypto initiatives. The market is currently in a cooling phase, with significant support expected around $76,000 to $65,000.
about Bitcoin Price Faces Potential Drop to 70000 Amid Market UncertaintyBitcoin Pepe Emerges as Alternative Amid Dismal Bitcoin Market Sentiment
Bitcoin sentiment has plummeted, with the Fear & Greed Index dropping to 10, the lowest since 2022, as Bitcoin’s price fell nearly 16% in 30 days amid macroeconomic uncertainties. In this turbulent environment, Bitcoin Pepe emerges as a Layer-2 solution for meme coins, currently in presale, aiming to leverage Bitcoin’s network for faster transactions and lower fees. The project has raised over $3.6 million, offering a potential refuge for investors seeking alternatives.
about Bitcoin Pepe Emerges as Alternative Amid Dismal Bitcoin Market SentimentBlackRock Transfers 441 Million in Bitcoin Amid ETF Outflows and Volatility
BlackRock transferred 5,100 Bitcoin, valued at approximately $441 million, and 30,000 Ether worth about $71 million to Coinbase Prime, following significant outflows from its iShares Bitcoin Trust (IBIT). This week, IBIT has seen $741 million in net outflows amid Bitcoin price volatility, with the ETF experiencing negative performance for three consecutive days. As Bitcoin slightly recovers above $86,000, concerns grow over potential further liquidations driven by hedge fund strategies.
about BlackRock Transfers 441 Million in Bitcoin Amid ETF Outflows and VolatilityBlackRock Bitcoin Fund Experiences Record Outflows Amid Market Decline
BlackRock’s iShares Bitcoin Trust experienced a record outflow of $420 million in a single day as Bitcoin prices fell to yearly lows, contributing to a seven-day streak of nearly $3 billion in total outflows from various Bitcoin ETFs. The market correction has reached 25%, with total cryptocurrency capitalization dropping to $2.9 trillion. Analysts suggest that many ETF investors are hedge funds seeking short-term gains, leading to the unwinding of positions amid declining yield opportunities.
about BlackRock Bitcoin Fund Experiences Record Outflows Amid Market DeclineBitcoin ETFs Experience Record Outflows Amid Market Decline
US spot Bitcoin ETFs experienced a record daily outflow of $938 million as Bitcoin’s price fell below $90,000, marking the sixth consecutive day of withdrawals. The Fidelity Wise Origin Bitcoin Fund led with $344.7 million in outflows, while BlackRock’s iShares Bitcoin Trust followed with $164.4 million. Analysts suggest that many ETF investors are hedge funds engaging in arbitrage, which may lead to further price declines.
about Bitcoin ETFs Experience Record Outflows Amid Market DeclineBitcoin ETFs Experience Record Outflows Amid Market Sell-Off and Inflation Fears
Bitcoin ETFs experienced record net outflows of $935 million amid a market sell-off driven by macroeconomic concerns, including tariff threats and inflation fears. This withdrawal marks the largest in history, surpassing the previous record of $672 million, as investors retreat from risk assets. Bitcoin’s price has fallen to around $88,000, down 7% over the past week, contributing to a broader decline in the crypto market.
about Bitcoin ETFs Experience Record Outflows Amid Market Sell-Off and Inflation FearsBitcoin Price May Drop to 70000 Amid ETF Sell Offs and Outflows
Arthur Hayes, co-founder of BitMEX, warns that Bitcoin’s price could plummet to $70,000 due to ongoing bearish trends and significant outflows from US-based spot Bitcoin ETFs, which totaled $560 million last week. Institutional investors are shifting focus to spot Bitcoin ETFs for higher returns, but if the yield basis narrows, hedge funds may sell ETFs and buy back CME futures, potentially triggering a price drop. Recent data shows substantial outflows from major players like Fidelity and BlackRock, indicating growing economic uncertainty.
about Bitcoin Price May Drop to 70000 Amid ETF Sell Offs and OutflowsVanEck Proposes Bitcoin Reserve to Offset US National Debt by 2049
VanEck predicts that the U.S. could offset $21 trillion of its national debt by 2049 by accumulating a reserve of one million Bitcoin, assuming the cryptocurrency’s price rises to $21 million. This aligns with the BITCOIN Act proposed by Senator Cynthia Lummis, who supports the initiative to bolster the U.S. dollar and alleviate financial burdens on future generations. The concept is gaining traction globally, with countries like Venezuela and Switzerland exploring Bitcoin’s potential as a financial asset, despite some skepticism regarding its practicality.
about VanEck Proposes Bitcoin Reserve to Offset US National Debt by 2049Calls for Ethereum Rollback After Bybit Hack Exposes Security Risks
Bybit’s hot wallet hack resulted in the theft of approximately $1.5 billion in ETH, prompting calls from figures like Arthur Hayes and Samson Mow for a rollback of the Ethereum blockchain. They argue it could return stolen funds and prevent misuse by entities like the North Korean government. However, the complexities and risks of such a rollback, which would erase all non-hack-related transactions, have raised concerns within the community about undermining blockchain immutability.
about Calls for Ethereum Rollback After Bybit Hack Exposes Security Risks