Tag: Bitcoin

Crypto longs accounted for $404.15 million of the $436.44 million liquidated in four hours on Saturday as Bitcoin briefly fell below $80,000. BitMEX co-founder Arthur Hayes said he dumped Maelstrom’s directional book, taking profits on ETH and other tokens amid dicey macro conditions. Spot Bitcoin ETFs recorded large outflows late in the week, including roughly $635 million on Thursday. Bitcoin briefly dropped below $80,000 on Saturday,...

Key Takeaways JPMorgan Asset Management issues its first long-term Bitcoin forecast, projecting 10% compound annual returns over 10-15 years. The base case exceeds U.S. large-cap stocks at 7.5% and gold at 5.5%, with 55% annualized volatility. Bitcoin stays out of main portfolio models due to volatility and unstable correlations; a separate matrix is provided. Bitwise CIO Matt Hougan highlighted the milestone on X as a shift from skepticism...