Tag: Bitcoin’s

Exponential Growth: Bitcoin’s Trading Volume Could Rival Major Asset Classes

Exponential Growth: Bitcoin’s Trading Volume Could Rival Major Asset Classes Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities in less than four years […]

Bitcoin’s Flash Rally to $10,400 was “Fake”, Short the Cryptocurrency, Warns Renowned Trader Bollinger

Bitcoin’s Flash Rally to ,400 was “Fake”, Short the Cryptocurrency, Warns Renowned Trader Bollinger Long time trader John Bollinger has warned that bitcoin’s flash rally to over $ 10,400 on Monday was fake, adding that losses might be on the way. “This is a Head Fake at the upper Bollinger […]

Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked

Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($ 34.7M) held in reserves, while […]

S2F Hopium: Report and Twitter Critics Find Flaws With Bitcoin’s Stock-to-Flow Ratio

S2F Hopium: Report and Twitter Critics Find Flaws With Bitcoin’s Stock-to-Flow Ratio In mid-April, news.Bitcoin.com researched the popular stock-to-flow (S2F), which shows the price of a single bitcoin reaching $ 55K and even six figures. At the time, analysts questioned measuring bitcoin’s price in this manner and more recently, a […]

Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates

Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now […]

Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps

Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $ 200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen […]

Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase

Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after […]

Q1 Crypto Trade Volume Jumps 61%, Bitcoin’s Price Performance Trumps Equity and Gold Markets

Q1 Crypto Trade Volume Jumps 61%, Bitcoin’s Price Performance Trumps Equity and Gold Markets For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European […]

Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow

Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow One of the most bullish charts for predicting the price of bitcoin is the infamous stock-to-flow (S2F) model. The S2F analysis shows the price of BTC could reach $ 55,000 in the near future. One advocate of the […]

In-Between Bitcoin Halvings: Analyst Proves Bitcoin’s Price Not Bound to 4-Year Cycles

In-Between Bitcoin Halvings: Analyst Proves Bitcoin’s Price Not Bound to 4-Year Cycles Crypto traders and analysts have always looked to the halvings for some kind of clues in order to predict the future price of bitcoin. A number of traders also think that BTC price movements shift every four years […]