Are Bitcoin traders losing hope? Top traders' metric hits two-week low

The S&P 500 is trading near its all-time high but Bitcoin (BTC) has plunged about 30% from its all-time high at $69,000. Even after the sharp drop, Bitcoin is up 63%, year-to-date, outperforming the S&P 500, which is up about 30% in 2021.Gold, which is popular as a hedge against inflation, is down roughly 7%…

Bitcoin’s surge to $95,000 aligns with various models predicting $130,000 to $200,000 by Q4 2025. 545 Total views 2 Total shares Key takeaways: Based on power curve trends, Bitcoin may hit $200,000 in Q4 2025. Bitcoin follows gold’s price trend with a 100-150 day lag. Bitcoin’s (BTC) price has rallied 11% this week, its best

Key takeaways: Despite weak US manufacturing data, Federal Reserve liquidity plans and strong corporate earnings keep equities and crypto afloat. The total crypto market capitalization rose 8.5% since March. Cryptocurrency traders have frequently zoomed in on the need for crypto to show a clear “decoupling” from the stock market, and over the past 10 days

Key takeaways Approving staking for spot Ether exchange-traded funds (ETFs) in the US may have a minimal impact on inflows unless Ether sees a sustained rally, says Eric Balchunas ETH dropped significantly in price after the launch of the ETFs last year, unlike spot Bitcoin ETFs, which saw new all-time highs just two months after

One analyst predicts a $150,000 price tag for Bitcoin by the end of 2024; however, other indicators point to increased short-term selling.  

Stellar joined the industry group developing Wasm, an alternative computation engine for running smart contracts. 70 Total views 1 Total shares The Stellar Development Foundation has joined the Bytecode Alliance, an industry group promoting the development of WebAssembly (Wasm), according to an Aug. 21 announcement. Wasm is a competitor to the Ethereum Virtual Machine (EVM)…

The bankrupt lender is set to hold auctions for its assets in January, while it's been given the green light to return some customer funds. 486 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTBankrupt crypto lender Celsius Network has attracted 30 potential bidders over its various assets…

Executives hailing from Singapore-based fund manager, Three Arrows Capital (3AC), have launched a fund focused on collecting premium digital art in the form of nonfungible tokens (NFTs).The fund, dubbed Starry Night Capital, was founded by Three Arrows Capital’s CEO, Su Zhu, 3AC co-founder, Kyle Davies, and the pseudonymous NFT collector, Vincent Van Dough.Van Dough announced…

Bitcoin (BTC) is enjoying what some are calling a "bear market rally" and has gained 20% in July, but price action is still confusing analysts.As the July monthly close approaches, the Puell Multiple has left its bottom zone, leading to hopes that the worst of the losses may be in the past.Puell Multiple attempts to…