Author: BPay News

BPay News is the site's editorial desk covering Bitcoin, Ethereum, digital asset markets, regulation, and on-chain developments.

Bitcoin Correction Phase: Key Levels Signal Ongoing Market Struggles

The Bitcoin correction phase is a critical moment for investors and market analysts alike, as it signifies a period of heightened volatility and price adjustments in the cryptocurrency’s journey.According to a recent Bitcoin market analysis by Matrixport, the cryptocurrency has broken key technical levels, indicating that it remains ensnared in a correction phase.

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Bitcoin Undervalued? Insights from Institutional Investors About Its Price

Bitcoin has been identified as undervalued by a significant majority of institutional investors, presenting a compelling opportunity for savvy traders and long-term holders alike.Despite its current valuation at approximately $87,600—over 30% down from its all-time high of $126,080—many analysts are confident that Bitcoin could rebound to a price range of $85,000 to $95,000.

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Bitcoin Undervaluation: Discover Why Experts See $85K to $95K Ahead

Bitcoin undervaluation is a hot topic among institutional investors, especially as recent reports suggest that a vast majority perceive its current market price as significantly lower than its true worth.According to Coinbase’s latest survey, approximately 70% of institutional investors believe Bitcoin is undervalued, with optimal pricing estimated between $85,000 and $95,000.

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ETH Holdings Increase: How a Whale Boosted Their Assets by 6.45%

The recent increase in ETH holdings by a significant whale has drawn attention to the dynamics of whale trading activity in the cryptocurrency market.On-chain analysis reveals that this particular address, known for its strategic moves, converted WBTC back to WETH, leading to a remarkable 6.45% increase in ETH holdings.

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Kalshi Open Contracts Soar to $410 Million in Just 6 Months

Kalshi open contracts have emerged as a revolutionary tool in the trading world, demonstrating impressive growth by reaching $410 million in value—a staggering fourfold increase in just six months.This surge reflects a burgeoning interest in diverse contract categories, particularly in the sports sector, where open contracts now account for 50% of total trading volume.

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