Interview: Is the stock-to-flow model flawed?
According to crypto analytic firm ByteTree, the popular stock-to-flow model is not a reliable indicator for Bitcoin’s long term price action. Go to Source Powered by WPeMatico
Predictions
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CEO of crypto derivatives exchange FTX donated $5M to Biden campaign
The “relative newcomer” to politics joined other major CEO donors to the Democratic candidate. Go to Source Powered by WPeMatico
FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64%
At the beginning of the year, the trading platform FTX Exchange launched a futures market so people can bet on the U.S. election and created a futures contract token called TRUMP. On Friday, FTX revealed that the exchange is lifting the initial margin requirements to $0.50 for its TRUMP token contracts. Individuals who don’t live … Read more
Abra CEO’s portfolio is 50% Bitcoin as cash is ‘becoming worthless’
Abra’s CEO purportedly increased his holdings prior to Bitcoin touching new 2020 highs. Go to Source Powered by WPeMatico
PayPal might issue its own cryptocurrency soon, says CoinShares exec
The CSO of CoinShares thinks that a payments-focused PayPal token could be forthcoming. Go to Source Powered by WPeMatico
‘Enormous wall of money’ will send Bitcoin to $1M in 2025 — Raoul Pal
The largest cryptocurrency will “massively outperform gold” before that, says the Real Vision founder. Go to Source Powered by WPeMatico
Bitcoin price metric suggests $15K surge after US elections — report
The MVRV ratio is firmly sticking to its 2-year uptrend, with support in place for fresh all-time highs, says Stack Funds. Go to Source Powered by WPeMatico
Bankless society ‘inevitable’ due to crypto, says Morgan Creek CEO
People will be able to “bank themselves” with crypto. Go to Source Powered by WPeMatico
‘I would not short’ — Bitcoin buy the dip zone now $11K, says Tone Vays
The veteran trader says bullish trends make shorting the current correction a dangerous move, and the dip “may already be over.” Go to Source Powered by WPeMatico
Move over S2F — Model creator says ‘90% chance’ BTC never dips below $11K again
“You’ll see some amazing things happen with Bitcoin in 2021,” the analyst said. Go to Source Powered by WPeMatico
