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Economist Jim Rickards Predicts Gold Price Exceeding $27,000 — Says: ‘It’s Not a Guess. It’s Rigorous Analysis’
19.5.2024
Economist Jim Rickards forecasts that gold prices could surpass $27,000, emphasizing that this projection is not made for attention or shock value. “It’s the result of rigorous analysis,” he clarified. This represents a significant increase from his previous estimate of $15,000 by 2026....
Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift
17.5.2024
Bitcoin’s supply on exchanges has significantly decreased, reaching new lows amid a bullish market trend, which analysts interpret as a shift towards long-term holding rather than short-term trading. A report by Bybit claimed that the diminishing supply could deplete within the next nine...
M2 money supply 'holds the key' for Bitcoin's next move — Market analyst
16.5.2024
The growth of the money supply is historically correlated with previous Bitcoin price bull runs
Crypto markets rally, but Ethereum struggles to keep pace with Bitcoin
15.5.2024
ETH price continues to trail far behind Bitcoin’s year-to-date gains even after the crypto market responded positively to today’s CPI print
Ether turns inflationary for the first time since Merge
9.5.2024
This marks the first period of Ethereum becoming inflationary in the past year and a half since the Merge took place
Bitcoin selling pressure to ease? M2 money supply flips positive
3.5.2024
Crypto traders are pointing to the M2 money supply turning positive as a bullish signal for Bitcoin
Worldcoin will increase WLD supply by up to 19% in the next 6 months
24.4.2024
Worldcoin will be selling up to 1.5 million WLD tokens to select trading firms outside of the United States every week for the next six months
Imminent BTC Supply Squeeze: Bybit Report Suggests Bitcoin Exchanges to Run Dry in 9 Months
16.4.2024
As the crypto landscape evolves, a significant tightening in bitcoin’s available supply on exchanges has emerged, hinting at just nine months of reserves left. Bybit’s latest halving report unveils the reasons behind this tightening grip, indicating a looming scarcity that could...
Bitcoin Supply Inactive for a Year Slides to 18-Month Low of 65.8%
9.4.2024
The decline likely represents profit-taking by investors who held coins for one year and over and marks a shift from the holding strategy seen through 2023
What the Ethereum Community's Staking Argument Is Really About
5.4.2024
The Ethereum community is debating the power and responsibilities of the Ethereum Foundation, which some think is playing central banker by suggesting changes to the ether issuance formula
Bitcoin Exchange Reserves Plummet To Multi-Year Lows, Under 2 Million Left: CryptoQuant
4.4.2024
The number of coins available on Bitcoin exchanges has steadily fallen since the collapse of FTX.
The post Bitcoin Exchange Reserves Plummet To Multi-Year Lows, Under 2 Million Left: CryptoQuant appeared first on Cryptonews
With 1 Month to Go, Bitcoin Halving Poised to Shift Mining Dynamics
20.3.2024
Per the most recent data, we are a month away, or precisely 30 days, from the fourth Bitcoin halving event. This significant milestone will cut the mining rewards from 6.25 bitcoins per block to 3.125 bitcoins per block after the halving. The summary below outlines the essentials to grasp...
Over 93% of Bitcoin Mined Ahead of Fourth Halving, Signaling New Era of Scarcity
18.3.2024
As of the current moment, 93.6% of bitcoin’s total supply has already been mined, leaving only 1.34 million bitcoins remaining to be extracted. After the upcoming halving event, the issuance rate of the leading digital currency will decelerate, significantly reducing its availability more...
Peter Schiff Downplays Importance of Bitcoin Halving — Discusses ‘What Matters Most’ for BTC Price
14.3.2024
Economist and gold advocate Peter Schiff has downplayed the significance of the upcoming bitcoin halving, emphasizing a different factor that will drive the price of the cryptocurrency. He believes what matters the most is “how much of the current supply holders want to sell, not what miners...
Mark Cuban: Bitcoin Demand to Outpace Supply, BTC Is a Great Store of Value
8.3.2024
Billionaire investor Mark Cuban, a minority owner of the National Basketball Association (NBA) team Dallas Mavericks, expects the price of bitcoin to go up due to the supply-demand dynamic. “I do feel that the demand is going to exceed the number of people selling,” he explained...
Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B
14.2.2024
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. ‘Sustained...
Bitcoin Active Supply Surges as Long-Term Holders Start Moving Assets
9.2.2024
Market activity around Bitcoin (BTC) has increased since the approval of spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC). A recent market report from Bitfinex shows a slight increase in the amount of BTC in circulation. Long-term investors are holding on to more...
Socket, Bungee Restart Operations After Apparent $3.3M Exploit
17.1.2024
The platform experienced a security incident late Tuesday that affected wallets with infinite approvals to Socket contracts, developers said
PYUSD’s 30-Day Surge of 72% Vaults Paypal’s Offering Into USD Stablecoin Top Ten
11.1.2024
Over the last month, the supply of Paypal’s PYUSD stablecoin has seen a substantial increase, surging by over 72% from 167.83 million to 289.43 million PYUSD. This significant growth has propelled the payment behemoth’s dollar-linked digital currency to become the tenth largest among...
Supply of Stablecoins on Ethereum Protocol 30% Lower Than in 2022 — Study
21.12.2023
The supply of stablecoins on the Ethereum chain has dropped by more than 30% from the peak of $100 billion to $66 billion since 2022. The study data shows BUSD and USDC as the two stablecoins which caused the overall market value to fall from $139 billion to $129.5 billion. Tron Stablecoin Supply...