Tag: Key

Stock-to-flow mastermind PlanB outlines key Bitcoin price levels before halving

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Dutch creator of the Stock-to-Flow model says the largest by market cap crypto has entered a pre-bull market. An anonymous Dutch investor and quantitative analyst, PlanB, best known for his stock-to-flow (S2F) model for Bitcoin (BTC), says the cryptocurrency is now in the pre-bull stage. He anticipates further growth as halving approaches. IMO bitcoin is currently in pre-bull market (yellow) and on track towards a full blown bull market (red, after halving unless earlier ETF approval). Note I changed colors and stage names again, to better align with S2F model:🟡pre-bull🔴bull…

Bitcoin Inches Close to Key Pre-Halving Price Target Range

Historically, BTC does have a rally before its halving occurs. However, the most certain part of the halving is the rally that comes after the event. Popular social media trader Titan of Crypto has once again affirmed that Bitcoin (BTC) will hit a pre-halving price target of $50,000. He made the announcement late Sunday, as he noted that the $39,000 mark is the price target range floor. Last year, Titan of Crypto predicted a price range of between $39,000 to $50,000 for BTC before the halving. He reminded his X…

Kronos Research halts trading amid $25M API key hack investigation

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A hacker walked away with $25 million from quantitative trading firm Kronos Research after accessing its compromised API keys. On Nov. 19, Kronos Research revealed that an unauthorized entity accessed some of its API keys. Subsequently, the firm stopped its trading services on the platform. However, no losses were reported at the time. In the interest of transparencyAround 4 hours ago, we experienced unauthorized access of some of our API keys. We paused all trading while we conduct an investigation. Potential losses are not a significant portion of our equity and…

Free-to-play Web3 games hold the key to mass adoption, YGG co-founder

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Next year’s most successful Web3 games will pivot from play-to-earn (P2E) to instead focus on being completely free-to-play to dr in players, says Yield Guild Games CEO and co-founder Gabby Dizon.  Speaking to Cointelegraph, Dizon said unlike games such as Axie Infinity — which require players to purchase at least three Axie nonfungible tokens (NFTs) to play — the new wave of hyper-successful Web3 games will seek to remove as many of the financial and technical barriers to entry as possible. “There’s this big realization that for millions of people…

Ethereum Price Rally In Jeopardy? Decoding Key Hurdles To Fresh Increase

Ethereum price started a fresh increase from the $1,900 support. ETH is now facing resistance near $2,020, above which it could accelerate higher. Ethereum found support near $1,900 and started a decent increase. The price is trading above $1,980 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a strong increase if it clears the $2,020 resistance zone. Ethereum Price Faces Hurdles This past week, Ethereum price…

Privacy Protection Is Among Key Wants for CBDCs, BIS Says

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Bitcoin bull market FOMO absent as BTC price nears key $39K profit zone

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Bitcoin (BTC) bull market “FOMO” has yet to appear despite BTC price being up 120% this year. Data from the statistics platform Look Into Bitcoin shows that on-chain transactions are only starting to involve “younger” Bitcoin. Bitcoin bull market analysis: “We’re still early” Bitcoin remains near 18-month highs and well beyond its bear market trading range and several key resistance levels. While the number of smaller wallets is increasing, there has not been a major return to the network from speculators — those holding BTC for short periods of time.…

Key Price Targets Set Following Breakout From $0.08

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The king of the memecoins, Dogecoin (DOGE), has been following the general sentiment in the crypto market as it breaks out from a critical level. The token experienced selling pressure on low timeframes but seems poised for further profits. As of this writing, Dogecoin (DOGE) trades at $0.078 with a 1% loss in the last 24 hours. Over the previous seven days, the memecoin held 6% in profits, operating as a top performer in the top 10 by market capitalization. DOGE’s price trends to the upside on the daily chart.…

Why $36,300 Is the Key For Bitcoin Next Big Bounce: Insights From Liquidity Map

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The Bitcoin price returned to its sideways price action following a powerful surge into new yearly highs. The cryptocurrency seems poised for further gains if bulls can hold a critical level. As of this writing, BTC trades at $36,370, with a 2% loss in the last 24 hours. Over the previous week, the number one crypto by market capitalization recorded a 5% gain, while the sentiment in the sector looks mixed, with BTC recording losses as Ethereum and Solana stayed strong in the same period. BTC’s price trends to the…

Evaluating performance of crypto traders: key metrics to watch

In crypto trading, success isn’t measured solely by profits but also by a trader’s ability to navigate complex and volatile markets. Evaluating crypto traders’ performance is crucial for novice and experienced investors looking to understand the strengths and weaknesses of their trading strategies. To achieve this, bitcoin billionaire has several metrics come into play, providing insights into a trader’s effectiveness and profitability.  Rate-of-return (RoR) and profitability: The primary objective of crypto trading is to generate profits. The rate-of-return (RoR) is a fundamental metric for assessing a trader’s performance in achieving this goal.…