Bitcoin OG sees $700K BTC price, $16K Ethereum in this ‘Valhalla’ cycle

The cyclical nature of Bitcoin bull and bear markets means that $60,000 is mathematically more likely to be a floor, not a ceiling, in future. 2897 Total views 14 Total shares Bitcoin (BTC) may have hit highs of $60,000, but calculations suggest that the price level will matter much more to bears, not bulls.In a…

Despite the gloomy short-term price trend of Bitcoin (BTC), the pattern of liquidations on BitMEX and historical funding rates point toward a possible serious short squeeze in the medium-term.“High chance BTC bears get margin called big time in coming months. Funding rates will be your evidence in hindsight,” Bitazu Capital partner Mohit Sorout said.On March…

Bitcoin (BTC) may have erased its Binance “FUD” losses, but popular traders are anything but bullish.Despite gaining up to 7.5% versus its March 28 lows, BTC/USD is causing more suspicion than excitement with its return to local highs.$30,000 stays breaker for bullish sentiment flipIn a move which echoes its reactions to previous news events such…

The paper of record, The New York Times (NYT), is using the Hyperledger Fabric permissioned blockchain to guarantee the provenance of digital files.According to a new website for NYT’s News Provenance Project, the newspaper will use blockchain technology to fight misinformation in the media. The project’s purported aim is to provide a platform that is…

Europe's largest economy is looking to pave the way for securities trading on the blockchain. 1713 Total views 7 Total shares The German word for securities is wertpapieren, or "papers of worth," which may soon be as outdated as nocturnal traders saying they're burning the midnight oil.Per a Reuters report from Wednesday, Merkel's cabinet had…

Ethereum’s realized cap has surged into new all-time highs this month, indicating that new money is rushing to accumulate ETH. 803 Total views 9 Total shares Ethereum’s realized capitalization has increased by nearly 50% in January so far to tag new all-time highs above $70 billion, according to CoinMetrics.The data shows that Ethereum’s realized cap…

Confidence in the United States financial system seems to be eroding fast with investors trying to find the next weakest link that is about to collapse. Bill Ackman, CEO of hedge fund management firm Pershing Square, cautioned that time was running out to fix the problem.The U.S. equities markets have become vulnerable to adverse news…