Bitcoiners tip ‘September breakout’ but cast doubt on near-term $100K
Bitcoin is set to move upward in September, but traders are now less confident it’ll break the $100,000 mark before the end of the year.
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Bitcoin posts third monthly red candle with Stock-to-Flow price model echoing early 2019
Bitcoin (BTC) closed its third red monthly candle in a row this week as a popular analyst likened BTC price action to January 2019.In a tweet on July 1, PlanB said that BTC/USD is now the furthest away from his stock-to-flow model's estimates in over two years.Stock-to-flow "make or break"After May's huge capitulation event, Bitcoin…
NFT ecosystem attempts a bounce back amid bearish market sentiment
Supporting the uptrend, the number of NFT holders grew 32.24% over the past three months, as evidenced by data from NFTGo. 280 Total views 14 Total shares Over the past two years, nonfungible tokens (NFTs) gave the crypto ecosystem the boost it needed to grab mainstream attention — owing to the involvement of prominent artists…
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Described by many users and outsiders as the Wild West, Web3 is open-source and decentralized, and it has been prompting many to look for ways to profit from its features, especially with the growing Metaverse.While some companies and investors are sorting out where to place their best bets, popular rapper and nonfungible token collector Snoop…