Bitcoin sees record Stock-to-Flow miss — BTC price model creator brushes off FTX ‘blip’
Bitcoin price action since FTX “feels like the world has ended,” says Stock-to-Flow creator PlanB. Go to Source Powered by WPeMatico
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Grayscale cites security concerns for withholding on-chain proof of reserves
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses. Go to Source Powered by WPeMatico
Price analysis 11/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, UNI, LTC
Bitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control. Go to Source Powered by WPeMatico
Bitcoin price may still drop 40% after FTX ‘Lehman moment’ — analysis
BTC price targets now include $12,000, with Ethereum potentially falling to $800 for the pit of the bear market. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Nears $17,000 Heading Into the Weekend
Bitcoin was closing in on the $17,000 level on Friday, as cryptocurrency markets rebounded heading into the weekend. The token moved away from a recent support point of $16,200 in today’s session, as bulls reentered the market. Ethereum also moved higher, climbing back above $1,200. Bitcoin Bitcoin (BTC) rebounded on Friday, as the token moved … Read more
Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do next
BItcoin exchange inflows echo 2018 crypto capitulation, but the reasons for the largescale moves from Binance remain unclear. Go to Source Powered by WPeMatico
Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market
Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in order to record the story of modifications and ownership of the digital assets from a given game. Sony Might Use … Read more
Bitcoin price target now $13.5K as BTC trader says ‘exit all markets’
Bitcoin shrugs off FTX news, but analysts warn BTC price and altcoins are due significant losses. Go to Source Powered by WPeMatico
3 reasons why the FTX fiasco is bullish for Bitcoin
The FTX fiasco is nothing new for Bitcoin as it survived multiple exchange collapses, bear markets and even outright bans in its decade-plus existence. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC, ETH Decline as USD Strengthens Following Retail Sales Data
Bitcoin was in the red for a second consecutive session, as markets continued to digest the latest U.S. retail sales figures. Sales rose by more than expected in October, coming in at 1.3%, versus expectations of a 1% increase. The result fueled market belief that the U.S Federal Reserve will now pivot its policy. Ethereum … Read more