crypto analysis – DIGIT INFO

Is Bitcoin’s Uptober beginning, or will today’s BTC rally end with more of the same?

DIGIT — Mon, 14 Oct 2024 19:50:01 +0000

Bitcoin rallied to $66,300 today, but definitive proof of a structural trend change remains in question.

Go to Source

Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups

DIGIT — Sun, 04 Aug 2024 13:04:54 +0000

The future of Bitcoin rollups will depend on continued innovation and optimization in data compression and scalability.

Go to Source

Mt. Gox still has 90,000 Bitcoin, valued at roughly $6 billion

DIGIT — Thu, 25 Jul 2024 14:40:33 +0000

The infamous collapse of the Mt. Gox exchange occurred in 2014, and creditors have been waiting for reimbursement for over a decade.

Go to Source

Crypto ‘relief rally’ may be just beginning, with sellers exhausted

DIGIT — Tue, 02 Jul 2024 08:01:14 +0000

The crypto market could bounce back this month after a rocky June, with stablecoin outflow from exchanges showing slowing selling pressure.

Go to Source

Bitcoin’s Power Law Model Gains Traction Despite Market Fluctuations

DIGIT — Sun, 23 Jun 2024 19:28:36 +0000

In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently stands over 13% below its peak value reached in March, the Power Law Corridor model has become increasingly influential. Many hold the view that the Power Law model’s support line has remained steadfast for over ten years and […]

Go to Source

JPMorgan Expects Bitcoin Price to Drop to $42K After Halving

DIGIT — Sun, 03 Mar 2024 01:30:35 +0000

JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment bank’s analysts explained that $42K is the level they “envisage bitcoin prices drifting towards once bitcoin-halving-induced euphoria subsides after April.” The bank also recently stated that the bitcoin halving and the next major […]

Go to Source

Worldcoin stuck after 70% drop from peak — More downside for WLD price?

DIGIT — Sat, 29 Jul 2023 13:00:49 +0000

WLD price may get anchored to $2 until October, primarily due to its initial supply distribution.

Go to Source

XRP price: ‘sell the news’ moment nears after crypto-leading 20% weekly gain

DIGIT — Mon, 27 Mar 2023 16:45:00 +0000

XRP whales have been accumulating since February with only days remaining until the SEC vs. Ripple lawsuit could reach its potential conclusion.

Go to Source

FTX hires forensics team to find lost customers’ billions: Report

DIGIT — Thu, 08 Dec 2022 02:40:00 +0000

Lawyers have claimed FTX assets are either stolen or missing and now a team of financial forensic experts is attempting to trace the money trail.

Go to Source

Public Bitcoin miners’ hash rate is booming — but is it actually bearish for BTC price?

DIGIT — Tue, 25 Oct 2022 16:25:00 +0000

Efforts to keep Bitcoin mining operations afloat may end up stressing the spot BTC price further lower.

Go to Source