Bitcoin’s macro landscape is making current price levels look like a good buy-in, Willy Woo suggests as support stacks up at $9,600. Bitcoin (BTC) price trajectory is looking to favor bulls going forward, statistician Willy Woo believes as the market nears $11,000. In a series of tweets on Sept. 14, Woo highlighted strength in market […]
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The DAML smart contract language is getting more popular. BNP Paribas’ securities arm has partnered with Digital Asset to develop a number of real-time trade and settlement applications using DAML-based smart contracts, the firm announced on Sept. 15. The new DAML-driven apps will connect BNP Paribas Securities Services with major global stock exchanges like the Australian […]
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Analysts believe DeFi sector growth could push the price of Yearn.finance (YFI) to $50,000 in the short term. Over the weekend YFI, the native token of Yearn.finance, reached a new all-time high at $43,966 on Binance exchange. This occurred as the crypto market was still reeling from Bitcoin’s (BTC) sharp 17.5% correction which saw its […]
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He felt his money would do better in a different type of investment. When it comes to choosing between blockchain and more traditional investments, the grass may be greener in the stock market, said Peter Brandt — the CEO of proprietary trading firm, Factor LLC. He went on to note, however, that it all depends […]
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At $16,500, Bitcoin’s market cap would match that of JPMorgan, illustrating just how early the crypto sector is in its growth phase. The sentiment around Bitcoin (BTC) has become noticeably positive after the breakout above $12,000 in August. If this momentum continuously strengthens over the medium term and BTC hits $16,500, it would equal JPMorgan’s […]
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The price of Bitcoin broke out of the $10,570 resistance level, possibly marking the start of a new range but some traders remain neutral in the medium term. The price of Bitcoin (BTC) increased by 3% in the last 24 hours from $10,322 to $10,680. But BTC still faces a significant resistance level around $11,000 […]
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The original stock-to-flow model is calling time on Bitcoin’s phase at around $10,000, and it’s not been wrong so far. It’s high time for Bitcoin (BTC) to begin its next significant price rise, the creator of one of the best-known BTC price models says. In a tweet on Sep. 14, quant analyst PlanB highlighted increasing […]
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PwC, Swiss blockchain investment firm CV VC and Cointelegraph have released a report discussing the current blockchain ecosystem. From enterprise blockchain adoption to the rise of decentralized finance, it seems like the blockchain landscape is constantly evolving in different ways. While impressive, it’s important to understand how blockchain is being applied within various industries. In […]
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An analyst says the Tesla stock chart looks similar to the weekly fractal of Bitcoin in 2017 when it achieved $20,000. Julian Bridgen, the co-founder of the macroeconomic research firm MI2 Partners, believes Tesla stock (TSLA) shows signs of a bubble. He compared the stock Bitcoin (BTC) in 2017 when it hit $20,000 and dropped […]
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The Senate rejected a skinny $500 billion stimulus package, but for Bitcoin and stocks, it could be a good thing in the medium term. The United States Senate rejected the new stimulus proposal on Sep.10, which did not include a new round of $1,200 checks. However, this boosts the chances of a new proposal with […]
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