According to JPMorgan, Bitcoin's current price of around $67,500 is quite high compared to its production cost of approximately $43,000 and its volatility when compared to gold, which is priced at $53,000. As such, they believe that any further rise in the cryptocurrency's value will be temporary and not indicative of a lasting upward trend.
"The discrepancy between BTC's price and JPMorgan's volatility-adjusted comparison to gold suggests a mean reversion around the zero line, thereby capping the long-term upside potential for bitcoin prices," JPMorgan mentioned in a report.
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558$ will be the new ath for Solana? Sol price updates
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Another meme token. Looks like a low cap! But just wanna remind you, year ago price was around 0.000003 now NPC sit at 2 cents!
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Currently, the US government owns a total of 213,239 thousand BTC ($14.397 billion).
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Main zone for liquidation! Around 63000 💸
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BlackRock do they things...already bought 3000 ETH.
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Oh yes time for more hype..soon the crowd will take everything out of the house, take out loans, sell houses and cars in order to catch the last car! Yes, they will definitely make it, but this train always goes in circles, and we will see these poor fellows next time at a new race somewhere in a couple of years! They will ride in circles for a long time and will never be able to get off at any of the stations.
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https://youtu.be/qoOqHmxCLfc
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Interesting fact! In last year we saw 208 days GREED zones.
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Grayscale transferred 292,000 ETH ($1 billion) to Coinbase Prime the day before the launch of the Ethereum ETF. - CLICK
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Targets for ETH!
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https://youtu.be/0v41Cd_uiIo
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Mt Gox transfers nearly $3 billion worth of BTC to a new address. 💸
Arkham Intelligence has revealed that the Mt Gox wallet sent 42,587.49 BTC (roughly $2.82 billion) to a new address on July 23 as part of a $9 billion payment to the exchange's creditors.
In addition, the Mt Gox wallet moved 5,110.16 BTC to its cold address, and 2,238.87 BTC (around $150 million) was transferred to Bitstamp. This could signal the imminent beginning of payout distribution on this exchange.
Ok, what FUD we will see and bad news in next bear or bull market when Mt Gox saga end!?
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Arkham Intelligence has revealed that the Mt Gox wallet sent 42,587.49 BTC (roughly $2.82 billion) to a new address on July 23 as part of a $9 billion payment to the exchange's creditors.
In addition, the Mt Gox wallet moved 5,110.16 BTC to its cold address, and 2,238.87 BTC (around $150 million) was transferred to Bitstamp. This could signal the imminent beginning of payout distribution on this exchange.
Ok, what FUD we will see and bad news in next bear or bull market when Mt Gox saga end!?
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4 usefull websites to track all data about BTC for free
🖤 https://www.coinglass.com/
🖤 https://www.bitcoinmagazinepro.com/charts/
🖤 https://www.blockchaincenter.net
🖤 https://coinank.com/btcChainDate
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Bloomberg analysts report that on the first trading day, spot ETH-ETFs saw net inflows of $106.7 million, with the trading volume surpassing $1 billion.
In the meantime, spot bitcoin ETFs experienced outflows of $77.97 million on Tuesday, ending a 12-day streak of positive inflows.
For comparison, Bitcoin ETF trading volume exceeded $4.5 billion on first day
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https://youtu.be/pRBG4OZvKd8
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They do everything on time, knowing all their next steps! June 28 LDO was classified as a security by the SEC. Algorithmically, the price is delivered exactly to the purchase line! Players receive a -43% discount out of thin air, just a couple of weeks pass and the SEC approves the ETH ETF. Magic! And miraculously LDO now not a security?! This is fckng clowns world!
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Great example how Coinbase listing its not a magic pill! How VC dump coin to their presale rounds after 3 years! Why unlock and market cap its really important! AURORA price analysis. Watch till the end, even if you not invested in this coin, it will show you what to pay attention before investments!
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Yesterday a historical maximum was set for the amount of ETH that entered the addresses of permanent holders (714,000 ETH for $2.4 billion)
This includes custodial wallets, but does not include exchanges and miners
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This includes custodial wallets, but does not include exchanges and miners
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JD com: A stable currency based on public blockchain and linked to the Hong Kong dollar 1:1 will be issued in Hong Kong.
Do you really believe we will see decentralization?!)
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Do you really believe we will see decentralization?!)
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