The pseudonymous bitcoin analyst known as Plan B, known for his work on the “stock-to-flow” (S2F) bitcoin price model, believes bitcoin’s market may have entered a bullish phase prematurely. While he suggests that the market has been “front-running,” Plan B remains confident that the top cryptocurrency will still hit $ 100,000 in 2024. Bitcoin’s …
While bitcoin briefly reached the $ 70,000 mark on July 29, the price has since declined. Over the past week, BTC has decreased by 0.6%. During the last 18 days, the Crypto Fear and Greed Index (CFGI) has transitioned from “extreme fear” back to “greed.” From ‘Extreme Fear’ to ‘Greed’ in 18 Days Approximately …
Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S. spot ether exchange-traded funds (ETFs) on Wall Street. At around 5 a.m. EDT, ETH surged to an intraday high of $ 3,540 per coin but later dropped to approximately $ 3,406 by 12:55 p.m. in the afternoon. Ether’s Bearish Sentiment Dominates …
Former President Donald Trump, who survived an assassination attempt during a rally in Pennsylvania on July 13, is reportedly still scheduled to address the Bitcoin 2024 Conference, taking place in Nashville from July 25 to July 27. According to David Bailey, CEO of Bitcoin Magazine and cryptocurrency advisor to the Trump campaign, he spoke with […]
The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust repayments have contributed to market volatility. Coinbase Institutional Highlights Bitcoin Sales Impact on Crypto […]