Markets

An improved Stock-to-Flow model for Bitcoin is predicting a very bullish future for the king coin within a few years. BTC is expected to reach $288K by 2024.Over the years, several analysts have come up with different ways of predicting the Bitcoin price trajectory. Most of these models have been quite bullish, and keep investors interested in the market, hoping that the price will spike. The Bitcoin Stock-to-Flow (S2F) model created by popular analyst PlanB, is the most popular. In a new...

2020 has been a tumultuous year for the cryptocurrency market so far. Starting off great in the first couple of months, prices collapsed mid-March, largely because of fears induced by the spread of the novel coronavirus (COVID-19).In any case, there is one digital currency that seems to be particularly overlooked and that’s Binance Coin – the native cryptocurrency of the world’s leading crypto exchange and arguably the most active contributor to the industry, in general.Binance Coin (BNB)...

Renato Rodríguez wants to help businesses to enter the new market of digital assets and take advantage of the practicality of digital economy especially at times of economic instability.Renato Rodríguez, businessman and crypto economy expert, has taken action to support populations affected by the coronavirus health crisis and small and medium-sized companies through a new project.Due to the COVID-19 pandemic, governments have implemented very strict measures of social distancing and limited...

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...