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bitcoin price Business Predictions

Move over S2F — Model creator says ‘90% chance’ BTC never dips below $11K again

“You’ll see some amazing things happen with Bitcoin in 2021,” the analyst said. The author behind a valuation model for Bitcoin that’s based on Metcalfe’s Law says the crypto asset will likely be priced around $12,000 by the end of November and reach $1 million within a decade.In an Oct. 11 Twitter thread, Timothy Peterson, […]

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Bitcoin Futures bitcoin price BTC Markets Market Analysis Markets Trading

Top traders go long after Bitcoin price rallies to key $11.5K resistance

The futures contracts premium and the long-to-short ratio show that top traders feel bullish about Bitcoin price. On Oct. 7 Cointelegraph reported that top crypto traders had kept a bearish stance since mid-September and at the time the Bitcoin (BTC) long-to-short ratio had reached its lowest level in 10 weeks. All of this changed in […]

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bitcoin mining bitcoin price DeFi Ethereum 2.0 Ethereum Price Market Analysis Markets Mining

Ethereum miners made 450K ETH from high network fees during DeFi peak

On-chain data shows Ethereum miners saw a 39% surge in revenue as fees soared during the DeFi craze. Ether (ETH) miner revenue skyrocketed during the month of September according to data from glassnode, an onchain analytics resource. While the price of Ether did not rise significantly during this time, miners on the Ethereum network saw […]