Bitcoin (BTC), the largest cryptocurrency by market cap, saw a major rebound after Donald Trump won the United States election. In hours, the coin reclaimed and overshot its All-Time High (ATH) of $73,750. Bitcoin jumped to more than $77,252, but the price level has seen some fluctuations since then. Bitcoin and the Current Ecosystem Outlook…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
In a recent social media post, cryptocurrency analyst Plan B expressed optimism for Bitcoin’s future, stating that after the ETF fake-out earlier this year, the cryptocurrency is now poised for a significant upward movement. He highlighted that his Stock-to-Flow model predicts an average price of $500,000 for bitcoin, with a bandwidth ranging from $250,000 to…
PlanB’s Stock-to-Flow model revolutionized Bitcoin predictions, guiding investors with data-driven analysis and informed decision-making. Beyond Bitcoin, PlanB hints at altcoin and meme coin trends, offering broader market insights for savvy investors. Analysts and visionaries abound in the always changing world of crypto, each providing special insights into market activity. Among these powerful people, PlanB is…
Tether CEO Paolo Ardoino confirmed that the company has no plans to initiate an initial public offering (IPO). Tether does not go public to raise capital, Ardoino said, adding that the robust financial position of its business eliminates the need to do so. Over the last two years, the stablecoin issuer has remained profitable at…
Crypto entrepreneur Lark Davis recently shared a chart showing that the amount of Bitcoin (BTC) on Centralized Exchanges (CEXs) is dropping. Although there were a few upward fluctuations, the chart showed a consistent fall in exchanges’ Bitcoin Reserves since January 2024. Insights gathered from blockchain analytics platform CryptoQuant suggest that the plunge in exchange reserves…
PlanB predicts Bitcoin could surge 7-10x by 2025, potentially hitting $414K-$593K. Strong bullish sentiment suggests Bitcoin may soar after surpassing $70K resistance. According to renowned analyst PlanB, known for the Stock-to-Flow (S2F) model, Bitcoin is poised for a significant price surge despite recent fluctuations. This new update aligns with our recent discussion on Bitcoin (BTC)…