Bitcoin and cryptocurrency markets have swung wildly over the last week with the bitcoin price briefly nudging its 2017 all-time high. The bitcoin price climbed to around $19,500 per bitcoin last week before a sharp correction saw it fall as low as $16,000. Now, the bitcoin price has bounced back, giving a boost to other major cryptocurrencies, after a $200 billion asset-manager revealed it could “seek investment exposure to bitcoin indirectly” to the tune of $500 million via the… Source link

Bitcoin (BTC) is back this week as a rebound takes the largest cryptocurrency ever closer to new all-time highs — what’s in store? Cointelegraph takes a look what could move Bitcoin markets in the coming days as buyers emerge and $16,000 gets left behind — at least for now. Bitcoin cancels Black Friday discounts The main story among Bitcoiners on Monday is its performance over the weekend. After plumbing depths of $16,300 last week and failing to get much higher than $17,000 in the days… Source link

Bitcoin price gained bullish momentum after it broke the USD 17,800 and USD 18,00Zero resistance ranges. BTC even climbed above the USD 18,250 and USD 18,500 ranges. The price is at present (05:00 UTC) consolidating good points, with key hurdles close to USD 18,680 and USD 18,800.Equally, there was a gradual rise in most main altcoins, together with ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, bitcoin cash, and ADA. ETH/USD carried out properly and it surpassed the USD 565 and USD 580… Source link

Bitcoin price gained bullish momentum after it broke the USD 17,800 and USD 18,000 resistance levels. BTC even climbed above the USD 18,250 and USD 18,500 levels. The price is currently (05:00 UTC) consolidating gains, with key hurdles near USD 18,680 and USD 18,800.Similarly, there was a steady rise in most major altcoins, including ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, bitcoin cash, and ADA. ETH/USD performed well and it surpassed the USD 565 and USD 580 resistance levels…. Source link

A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings, a Toronto-headquartered company listed on the Canadian Securities Exchange (CSE), announced Thursday that it has increased its… Source link

Why Crypto: Valuation by Productivity Traditionally stocks are evaluated through discounted cash flows, or by comparing PE ratios from different sectors. This works well for some “first-derivative” value stocks when you have a reasonable idea of top and bottom line trajectory. Another way you can calculate value is by looking at the total market size and predicting market share. For example, assuming the EV market is $160B and it grows at a CAGR 22.6% for the next 5 years, you can… Source link

Why Crypto: Valuation by Productivity Traditionally stocks are evaluated through discounted cash flows, or by comparing PE ratios from different sectors. This works well for some “first-derivative” value stocks when you have a reasonable idea of top and bottom line trajectory. Another way you can calculate value is by looking at the total market size and predicting market share. For example, assuming the EV market is $160B and it grows at a CAGR 22.6% for the next 5 years, you can… Source link

Today I want to talk about code. I know, this newsletter is for professional investors and not developers – why aren’t we talking about price? Don’t worry, we will further down. But things are evolving with Bitcoin technology that are worth keeping an eye on. While these changes have little to do with the short-term price movements, they are likely to play a significant role in bitcoin’s long-term value proposition. Two things happened this week to make this top-of-mind: a new… Source link

Digital asset markets have recaptured some of the losses taken three days ago, as a great majority of the crypto economy has started to rebound after the market rout. Bitcoin has climbed above the $18k handle once again and a myriad of crypto assets are up between 1-6% during the last 24 hours. After dropping to a low of $16,300 per coin, bitcoin (BTC) has rebounded 11.3% to where the price stands today at $18,138 per… Source link

The price of Bitcoin (BTC) faces two crucial events on Dec. 1 right after the weekly and monthly candles close. The upcoming weekly candle close is particularly noteworthy because it could mark the first red weekly candle since late September. The monthly candle will be significant since it would mark the highest close in Bitcoin’s history if the price remains over $13,791. Bitcoin realized volatility. Source: Cointelegraph Markets, Digital Assets Data There are three key factors that could… Source link