The popular stock-to-flow model, created by the pseudonymous “PlanB,” has been pretty accurate in predicting Bitcoin prices so far. The brainchild behind the model has stated that the mid-cycle average …
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Apple might ‘go ahead and allow for’ Bitcoin & other crypto payments in the future
The revelation that Apple’s CEO, Tim Cook owns crypto has stunned people in the crypto and tech sectors worldwide. In response to an interviewer who asked whether he held Bitcoin …
MoreBitcoin (BTC) tops $69K after hot inflation numbers released
The price of bitcoin surged Wednesday morning after the U.S. Department of Labor released data showing a sharp rise in the price of consumer goods—stoking investor fears about mounting inflation. …
MoreBitcoin (BTC) touched $68,600 for its new all-time high; Cardano soars 12%
It took bitcoin less than three weeks to break its own ATH of $67,000 and set a new one at nearly $69,000. Ethereum followed suit and painted a new record …
MoreChina-based Bitmain is set to launch a new Bitcoin miner with a touted hash power of 150 TH/s
China-based Bitmain, the world’s largest Bitcoin mining equipment manufacturer, is set to launch a new, more efficient Bitcoin miner, a source familiar with the matter told The Block. The miner …
MoreAccording to this Glassnode indicator, Bitcoin (BTC) is undervalued in the long term
Bitcoin is considered historically undervalued according to the Glassnode Network Value to Transactions Signal indicator, which is now significantly lower than in January this year. The most recent spike in value settlement took …
MoreDorsey sticking to Bitcoin (BTC), no new cryptos planned for Cash App
Moreover, the billionaire entrepreneur said that Cash App has no future plans to accept any other cryptocurrencies at this point. “Our focus is on helping Bitcoin become the native currency of the …
MoreBitcoin’s price continues to consolidate above $60,000. Bulls eye this target on breakout
Bitcoin’s price continues its near-term pullback consolidation, but $60K is holing up nicely, which is a positive signal. If this level fails, we could see downside momentum towards $58.3K to …
MoreNYC Mayor-elect Eric Adams wants New York to have cryptocurrency
A day after winning election to be New York City’s next mayor, Eric Adams told an interviewer he wanted to “look at what’s preventing the growth of Bitcoins and cryptocurrency …
MoreGrayscale Bitcoin ETF commission will potentially take place on December 24
Grayscale has filled form 19b-4, which has been noticed by the SEC. This means that the countdown for the future hearing has begun, according to ETF Hearsay. According to the Notice of Filing, within …
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