PlanB’s Stock-To-Flow model off by $130k, Bitcoin trades below trend since 2021
PlanB’s Stock-to-Flow (S2F) model, known for predicting Bitcoin’s price based on scarcity, has faced scrutiny as the digital asset’s value...
Month: August 2024
‘Yen Carry Trade’ Blamed for Global Market Rout, Jump Crypto’s ETH Sale Worsens Ether Plunge
The narrowing Japanese “yen carry trade” has been blamed for the Aug. 5 global market downturn that sent stock markets...
Crypto-Related Stocks Slide Amid Global Market Turmoil
U.S. equities have joined the global downturn, following sharp declines across Asia and Europe, with Japan’s Nikkei suffering significant losses....
Double-Digit Crypto Losses Sweep the Market—Over 60 Coins in Freefall
Presently, the cryptocurrency market is experiencing a significant downturn, with bitcoin dropping 24% this week and ethereum shedding 30% against...
Unleash the Ultimate Crypto Gaming Experience at Gamdom Casino: Win Big and Play Safe
Enter the world of Gamdom Casino, where exceptional gaming meets cutting-edge cryptocurrency transactions. As a renowned online gaming platform, Gamdom...
Australia Flags Over 2,000 Compromised Crypto Wallets
More than 2,000 compromised cryptocurrency wallets belonging to Australians were recently uncovered during a global operation targeting cryptocurrency scammers. The...
Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives
As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in derivatives positions, with $975.93...
Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery
On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation...
Crypto Strategist Issues Bitcoin Alert, Says New BTC Six-Month Lows Should Not Be Ruled Out
A widely followed crypto analyst is issuing a warning about Bitcoin (BTC), saying that traders shouldn’t rule out the crypto...
Trader With 100% Accuracy Rate Accumulates Ethereum Amid Price Correction: Lookonchain
An unknown whale trader with a 100% positive track record has been aggressively buying Ethereum (ETH) for months, according to...
Investor Chris Burniske Doubles Down on Massive Solana (SOL) Forecast – Here’s His Outlook
Crypto veteran Chris Burniske is reasserting his confidence in Ethereum (ETH) rival Solana (SOL), confirming a future price prediction despite...
Japan’s historic rate hike prompts yen carry trade unwinding, impacts global markets
Quick Take The Federal Reserve recently maintained the federal funds rates at 5.25-5.50%. However, a continuation of poor US data, including...
Bitcoin dives to six-month low as investors flee risk-on assets amid macroeconomic uncertainty
Investors are fleeing perceived riskier assets like Bitcoin due to a challenging macroeconomic environment severely impacting the crypto market. Bitcoin‘s...
Bitcoin rebounds off $49k as over $1 billion liquidated in 24 hours
Bitcoin experienced a sharp decline from $61,000 to $49,000 within 24 hours before rebounding to approximately $52,000 as of press...
Bitcoin Miner Argo Blockchain Reports Steady Performance in July 2024
Argo Blockchain PLC has today released its July 2024 operational update, reporting the mining of 48 BTC, maintaining an average...