Markets

Bitcoin’s stock-to-flow (S2F) model has become one of the most popular formulas based on monthly S2F and price data. It activated various analysts across the world as many have verified the actual relationship between Bitcoin’s price and its stock-to-flow ratio.Now, the analyst who originally came up with it has presented a new model that puts Bitcoin’s price at $288,000 by 2024.The Original Stock to Flow ModelAs CryptoPotato reported last year, a popular analyst PlanB came up with a detailed...

Tron price is trading in a strong uptrend above the $0.0135 support against the US Dollar.TRX price is likely to continue higher above the $0.0145 and $0.0150 resistance levels.There is a major bullish trend line forming with support near $0.0140 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it is likely to break the $0.0150 resistance level.TRON price is gaining bullish momentum above key levels against the US Dollar, similar to bitcoin. TRX price is...

Ethereum price is currently trading in an uptrend above $190 against the US Dollar.ETH price is likely to continue higher above the $200 resistance level.There is a key ascending channel forming with support near $192 on the 4-hours chart (data feed from Coinbase).The pair could correct a few points, but it is likely to find bids near $190 or $185.Ethereum price is showing many positive signs above $190 against the US Dollar. ETH/USD remains in an uptrend and it could soon rally further above...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 870. Heute sprechen wir über folgende Themen: Binance startet eigenen Bitcoin Mining Pool, Institutionen zeigen grosses Interesse an Ethereum & Bitfinex startet Social Trading Plattform Pulse. 1.) Bitcoin Mining Pools mit neuem Player – Binance startet mit eigenem Poolhttps://cryptomonday.de/bitcoin-mining-pools-mit-neuem-player-binance-startet-mit-eigenem-pool/ 2.) Grayscale Daten zeigen, dass Institutionen...

No doubt, bitcoin has had a very up-and-down year. It initially began in the low $7,000 range – where it ended 2019 – before falling into a high $6,000 position.Bitcoin Is Going to Hit It BigFrom there, political tension between the U.S. and Iran brought the currency to $7,000 all over again, and the currency continued to spike from there. It wasn’t until the coronavirus pandemic struck every global market in early March that the currency began exhibiting bearish behavior. It struck the...

Binance, the world’s largest cryptocurrency exchange by trade volume, is unrelenting in its rapid expansion drive in the crypto industry. The exchange has officially launched a crypto mining platform dubbed “Binance Pool,” a move that will likely challenge top mining pools in the industry.Binance CEO Changpeng Zhao (CZ) shared updates about the new mining platform last week Friday, saying that the Binance Pool has been launched in a closed-beta phase with its first block of Bitcoin already...

A recent report by Bloomberg says it might be time for a 2017-like bull run for Bitcoin. According to the document, interest in BTC is increasing while the market is maturing in time for the 2020 Halving, winking at the previous event of the kind that took place in 2016.Becoming The Digital Gold, After a High-Five With The Precious MetalIt might be the digital currency’s ready-get set-go for a bullish run, the report predicts. It emphasizes that BTC probably has what it takes to become “the...

Investing in gold requires sound knowledge and understanding of the financial markets and their trends to truly capitalize on the value it holds. The information discussed might give you a kickstart in your gold investment journey.Gold, the glittering piece of metal, has kept people in awe and fascination for thousands of years with its unique aura and beauty. Moreover, its diverse nature has allowed people to get plenty of benefits from it, ranging from medical, fashion, industrial,...

Stellar lumen price is up more than 10% and it broke the $0.0600 resistance area against the US Dollar.XLM price traded to a new monthly high at $0.0661 and it is currently consolidating gains.There is a short term contracting triangle forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The pair could correct further lower towards the $0.0575 support and the 55 simple moving average (4-hours).Stellar lumen price is showing many bullish signs against the US Dollar and...

Ripple price is currently trading in an uptrend above the $0.1900 pivot area against the US dollar.The price is likely to surge above the $0.2025 and $0.2050 resistance levels in the near term.There is a key bullish trend line forming with support near $0.1945 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a downside correction if it fails near $0.2025 or $0.2050.Ripple price is moving higher and trading above $0.1950 against the US Dollar. XRP price...