Will Clemente – DIGIT INFO

Measly $150K target for Bitcoin this cycle is ‘silly low,’ says trader

DIGIT — Fri, 17 Jan 2025 03:02:36 +0000

A Bitcoin price of $150,000 may be “absolutely silly low,” says a crypto trader, citing the expected widespread adoption by countries and corporations that will use it as a store of value.

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Bitcoin reclaims $60K and ‘this time is different,’ says analyst

DIGIT — Sat, 14 Sep 2024 02:36:31 +0000

Bitcoin reclaimed the $60,000 price level for the first time in 14 days, amid a month that is typically perceived as bearish for Bitcoin.

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Altcoins need ‘substantial bull market’ to avoid VC funding drought: Analyst

DIGIT — Fri, 13 Sep 2024 06:22:21 +0000

A “substantial bull market” is needed to avoid VC funds drying up after too much money was allocated to funds “clearly underperforming benchmarks,” a crypto analyst says.

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Bitcoin’s price shows ‘no clear direction’ amid active address decline

DIGIT — Wed, 04 Sep 2024 05:56:18 +0000

Bitcoin active addresses are declining due to a large amount of the market being “gobbled up” by institutional cash, says one analyst.

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Bitcoin’s Coinbase premium hits 39-day high as $63K is reclaimed

DIGIT — Sat, 24 Aug 2024 04:46:39 +0000

Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.

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2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish

DIGIT — Wed, 08 May 2024 03:13:31 +0000

The Bitcoin funding rate and 3-month annualized basis rates are moving to levels that signal to traders it may just be the “calm before the storm.”

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Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

DIGIT — Thu, 02 Nov 2023 06:30:07 +0000

Elon Musk argued that NFT projects “should at least encode the JPEG in the blockchain,” to the delight of many Bitcoiners.

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Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%

DIGIT — Fri, 07 Oct 2022 02:33:39 +0000

On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s cross-chain bridge. The Bnb Smart Chain team detailed on […]

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Mature Bitcoin Wealth Taps an All-Time High — Diamond Hands Trend Highlights ‘Refusal to Spend’

DIGIT — Tue, 27 Sep 2022 14:00:01 +0000

After bitcoin neared $25K roughly 44 days ago, the crypto asset’s price has lost more than 17.88% in value against the U.S. dollar. Onchain analysis from researchers at Glassnode details that the price drop has placed short-term holders into “severe unrealized loss.” Long-term holders, on the other hand, are holding strong and Glassnode researchers say […]

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Rainbows, Log Charts, and S2F: Bitcoin’s 2022 Bear Market Has Broken the Community’s Most Popular Price Models

DIGIT — Fri, 05 Aug 2022 16:30:39 +0000

The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record values lost, the crypto winter has managed to break a number of popular bitcoin price models like the rainbow price chart and Plan B’s infamous stock-to-flow model. Moreover, since […]

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