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NFT Criticism Heightens: Skeptic Calls Tech a ‘House of Cards,’ Claims NFTs Will be ‘Broken in a Decade’
21.3.2021
On the week of March 7 through the 13th, the term “NFT” touched an all-time record high in terms of popular search queries according to Google Trends (GT). The highest score is 100 and this week, GT shows interest has dwindled a hair down to 97. Meanwhile, while the NFT hype affects...
Bitcoin whale clusters pinpoint 3 levels in the short term to keep the bull trend intact
16.3.2021
Bitcoin has to defend $55,406 to prevent falling to the $40,000s once again, whale clusters suggest
BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom
16.3.2021
Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio. Glassnode analyst, Rafael Schultze-Kraft, explains the difference between long-term...
Report all crypto transactions or face 5-year jail term in South Korea
16.3.2021
Strict reporting rules for crypto businesses in South Korea are set to come into effect with existing firms given six months to comply or face stiff penalties
Long-term investors are hodling, with 95% of Bitcoin trades involving ‘young coins’
16.3.2021
Long-term holders are continuing to accumulate BTC while short-term speculators are selling
Nervous newbies are taking profits while long-term BTC investors hodl strong
11.3.2021
Despite short-term Bitcoin trading spiking in January, wallets that have been inactive for at least three years are the largest segment of the BTC holders
South Korean Crypto Transactions Command an Average of $7 Billion per Day on Domestic Exchanges
9.3.2021
An investigation unveiled a growing fever among crypto traders in South Korea, who actively transact cryptocurrencies every day. Local media outlets are returning to adopt the term “crypto fever” as the recent billion-dollar figures confirm such a trend. Figures Are Now Higher Than 2018...
$1 Million per BTC in 10 Years: ‘In Terms of Dollars Bitcoin Is Going to Infinity,’ Says Kraken CEO
6.3.2021
While bitcoin prices have been coasting along between $46k to $48k during the last three days a number of proponents are still bullish about the crypto asset’s long-term value. On Thursday, Kraken CEO Jesse Powell said that he thinks bitcoin could easily reach a million-dollar valuation...
Bitcoin hits $51K as short-term bull case strengthens amid weakening dollar
3.3.2021
Bitcoin rallies above $51,000 as the dollar stagnates, showing signs of a short-term top
What Bitcoin price levels will invalidate the short-term bearish scenario?
25.2.2021
Bitcoin struggling to break above $51,600 could trigger another big drop in BTC price
Gold Bull Jeffrey Gundlach Says ‘BTC Maybe the Stimulus Asset’ Ahead of the Precious Metal
21.2.2021
Renowned gold bull and CEO of investment management firm Doubleline, Jeffrey Gundlach says bitcoin may be the “stimulus asset” while adding it “doesn’t look like gold is.” Gundlach, a self-professed long-term dollar bear, had preceded his comments about bitcoin...
Bitcoin Poised for Short-Term Gains Past $51K as MicroStrategy Upsizes Debt Deal
17.2.2021
Markets think the latest bull run will continue
Peter Schiff Admits Bitcoin Could Reach $100K After BTC Price Soars Past His Expectations
17.2.2021
Gold bug Peter Schiff has revised his bitcoin prediction after the price of the cryptocurrency exceeded his expectations, reaching an all-time high above the $50K level. He now says, “I must admit that a move up to $100,000 can’t be ruled out.” Nonetheless, the long-term bitcoin...
Bitcoin miners are hodling while long-term investors take profits
16.2.2021
On-chain data shows that while miners are selling less BTC, old investors are realizing profits
Bitcoin whale clusters pinpoint $44,214 as the key near-term price level
11.2.2021
Whale clusters show Bitcoin needs to defend $44,214 to see a continuation of the rally
Plus: Mapping longer-term Steam sales curves
6.2.2021
Not all of them are created equal
Plus: Mapping longer-term Steam sales curves
6.2.2021
Not all of them are created equal
Mark Cuban Tells Stock Traders That BTC Hodlers ‘Are a Great Example to Follow’
4.2.2021
Billionaire and crypto-asset supporter, Mark Cuban has identified bitcoin hodlers’ endurance as a model that stock investors can follow. According to the billionaire, after acquiring the asset at high prices back in 2017, the hodlers “held on because they believed in the asset.”...
Crypto hedge fund refutes JPMorgan’s claim that Bitcoin ETF is short-term negative for BTC
3.2.2021
Research from Tyr Capital Arbitrage SP refutes JPMorgan’s claim that a Bitcoin ETF holds negative connotations for the BTC price
ConsenSys and Securosys launch new long-term Ether staking protocol
2.2.2021
The newly launched Codefi Staking purports to be a more secure staking solution for Ethereum 2.0