What is the Lindy effect—and how to use it in investing?
How modern investors apply a mid-20th-century principle to cryptocurrencies.
What is the Lindy effect—and how to use it in investing?
How modern investors apply a mid-20th-century principle to cryptocurrencies.
Bitcoin Emerges as a Safe Haven for Chinese Investors Amid Economic Turmoil
Reuters confirms the existence of a thriving underground crypto market in China. Investor interest in digital assets is growing amid economic challenges. Hong Kong has become a gateway for Chinese investors to access cryptocurrencies. Amid the challenges facing China’s economy, local investors are seeking opportunities to purchase cryptocurrency as traditional value preservation tools falter, according […]
Analyst Identifies Bitcoin’s Panic Selling Trigger Price
Should the leading cryptocurrency fall below $38,130, short-term holders may find themselves at a loss and attempt to minimize their losses, according to technical analyst Ali. If #Bitcoin‘s price falls below $38,130, short-term $BTC holders could find themselves in the red. This potential #BTC dip might trigger a new wave of panic selling as these […]
Coinbase Declares Bitcoin ‘Mainstream’ Following ETF Launch
The introduction of spot Bitcoin ETFs in the United States has paved the way for the cryptocurrency to reach a broader audience, according to executives at Coinbase Institutional. This was reported by The Block. “The most exciting thing is that now cryptocurrency can become mainstream for the first time. […] This is the moment we […]
Arthur Hayes Predicts Bitcoin Drop Below $35,000 Amid “Excessive” Inflation
Arthur Hayes has forecasted a decline in Bitcoin prices below $35,000, citing the Federal Reserve’s policies and Middle Eastern conflicts as key factors. Other crypto experts are divided, with expectations ranging from $20,000 to $60,000. The leading cryptocurrency faces the risk of falling below $35,000 due to global macroeconomic and political upheavals, according to former […]
Analysts Outline Bitcoin’s Price Trajectory
An analyst known as Ali has illustrated the price patterns of the last two cycles of the leading cryptocurrency and suggested a potential further decline in its value. Reflecting on the last two bull cycles, $BTC typically retraced to the 50% Fibonacci level after hitting the 78.6% Fib. Recently, #Bitcoin reached this 78.6% Fib level […]
Expert Affirms Theoretical Possibility of Lifting Bitcoin’s Supply Cap
Bitcoin developers could theoretically remove the 21 million coin supply cap, though miners are unlikely to accept such a change. This view was expressed by Cointelegraph analyst Trezor Josef Tetek. In recent critical remarks about digital gold, JPMorgan CEO Jamie Dimon once again questioned the asset’s supply limit. Is Increasing the Supply Cap Feasible? Casa […]
Crypto.com Reports 34% Increase in Cryptocurrency Users by End of 2023
By the end of 2023, the total number of cryptocurrency users increased by 34%—from 432 million to 580 million, according to a report by Crypto.com. https://t.co/vCNztATkNg’s Market Sizing Report for 2023 is out. The industry grew 35% to 580M users in 2023, adding 150M new users. Get more insights on global crypto growth in 2023 […]
Mike Novogratz Downplays GBTC Sales Impact on Bitcoin’s Future
Most investors liquidating positions in Grayscale’s GBTC will redirect funds into other bitcoin ETFs, neutralizing the current weakness of the leading cryptocurrency, according to Galaxy Digital CEO Mike Novogratz. I disagree with this. While I think people will sell GBTC, I think most will switch into other ETFs — $BTCO being my favorite !! Let’s […]
Bitcoin Mining Difficulty Decreases by Nearly 4%
The latest recalibration has resulted in a 3.9% decrease in the mining difficulty of the leading cryptocurrency, bringing the figure down to 70.3 T. Source: BTC.com. The average hash rate since the previous adjustment was 484.17 EH/s, with the interval between blocks being nearly 10.5 minutes. According to Glassnode, on January 20, the smoothed 7-day […]
Grayscale CEO Predicts Failure for Most Bitcoin ETFs
The majority of the 11 spot bitcoin ETFs approved by the U.S. Securities and Exchange Commission (SEC) are likely to fail, according to Grayscale CEO Michael Sonnenshein in a conversation with CNBC. He believes that only “two or three exchange-traded funds might achieve some critical mass.” “I do not think that ultimately the market will […]
Experts Discuss the Adverse Impact of ETFs on Bitcoin’s Price
Analysts note price consolidation and liquidity redistribution in the exchange-traded funds market. However, Bitcoin may experience further correction as Grayscale’s GBTC investors take profits. Despite high trading volumes of spot Bitcoin ETFs, the asset’s price is showing a negative trend. On the evening of January 18, the price of the leading cryptocurrency fell below $42,000. […]We use cookies to improve the quality of our service.
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