Bitcoin (BTC) returned to cement higher support on Nov. 30 after the latest BTC price comeback halted near $59,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI sees "bullish engulfing"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing to local lows of $55,920 on Bitstamp overnight.The pair then recovered to circle $56,500 at the time … [Read more...] about Bitcoin cools from 1-week highs with key long-term metric echoing $44K
Echoing
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 price action has failed to regain lost … [Read more...] about Bitcoin posts third monthly red candle with Stock-to-Flow price model echoing early 2019
Echoing Cuban, Novogratz says DeFi should ‘play by the rules’, or ‘pay the piper’ later
Decentralized finance (DeFi) has emerged in 2021 as one of the fastest-growing trends in the crypto sector and as the unique features of DeFi begin to work their way into traditional finance, executives from crypto and conventional business circles warn that regulation could be on the way if the protocols don't take steps to self-regulate. On June 23, Mike Novogratz, CEO of … [Read more...] about Echoing Cuban, Novogratz says DeFi should ‘play by the rules’, or ‘pay the piper’ later