Bitcoin rally driven by Strategy purchases as Bitwise CIO Matt Hougan highlights corporate buying
Bitcoin News

Bitcoin rally fueled by Strategy purchases, Bitwise CIO reveals key driver

Bitcoin’s recent rally is largely fueled by Strategy purchases, according to Bitwise chief investment officer Matt Hougan. The digital asset has climbed 21% from its February low, reaching $76,486 as of April 29, 2026. Hougan’s analysis points to consistent buying by Michael Saylor’s treasury firm as the primary catalyst. Strategy purchases drive Bitcoin rally Bitwise’s […]

Bitcoin coin on cracked stone surface symbolizing potential bottom at $57K support level
Bitcoin News

Bitcoin bottom at $57K: Historical average signals potential support level, analyst warns

Bitcoin could find a bottom near $57,000, based on historical average price behavior during past market cycles. That’s according to a market analyst who examined long-term data patterns. The analysis, shared on social media platform X, looked at Bitcoin’s price movements after previous halving events. The analyst noted that Bitcoin often retraces to its historical […]

Prediction markets study shows informed minority drives accuracy, not crowd wisdom.
Bitcoin News

Prediction Markets Reflect ‘Wisdom of an Informed Minority,’ Not Crowd: Study Reveals Surprising Flaw

A new study challenges a core assumption about prediction markets. These platforms, often hailed for aggregating collective intelligence, may actually reflect the ‘wisdom of an informed minority’ rather than the crowd. The research, published in a peer-reviewed journal, suggests that a small group of highly informed participants drives market accuracy. This finding has major implications […]