[ad_2][ad_1] At the time of writing, Bitcoin was trading at $ 18,092, having recovered from a dip that took it below the crucial level. If BTC closes above $ 18,000, it will do so for 2 consecutive days, having been 4 days since the price first crossed $ 18,000 since …
Read More »Bitcoin’s key price metric shows professional traders are nervous about $ 19K BTC
[ad_2][ad_1] This week the price of Bitcoin (BTC) has risen to a new high of 3 years at $ 18,965, leading investors to believe that a new record high above $ 20,000 is on the cards. While these are exciting times, the data shows that some professional investors are feeling …
Read More »The fundamental metric for Ethereum DeFi has just hit a new all-time high
[ad_2][ad_1] Even after the recent rally, the prices of the best DeFi coins have dropped massively from their summer highs. Data from CoinGecko indicates that the average DeFi coin fell by about 60-70% from its summer highs, massively underperforming Bitcoin. This is despite the fact that the total value locked …
Read More »Ethereum’s activity metric hits its highest level in 2 years
[ad_2][ad_1] Activity levels on Ethereum peaked in two years, going by one metric. The seven-day moving average of the number of active ether addresses climbed to 405,014 on Friday, a threshold not seen since May 2018, according to data provided by blockchain analytics firm Glassnode. Active addresses are the number …
Read More »The alternative metric to market capitalization shows the "fair value" of Bitcoin: $ 7,415
[ad_2][ad_1] Bitcoin could be sold, according to estimates provided by coinfairvalue.com, a website that estimates "fair value", a metric that takes into account the supply of money, the amount of money lost and the speed of money, a indicator for how much value has been exchanged. It is a rather …
Read More »A Misunderstanding of This Bitcoin Metric May Have Led to $ 100 Million in Misallocated Capital
[ad_2][ad_1] Finding reliable metrics in the cryptocurrency market is hard. This was the main talking point during a trio of talks at November's Consensus Invest conference around strategies related to measuring and comparing various crypto assets. "We have highly-gamable metrics in some cases," he said Blockchain Capital's Spencer Bogart during …
Read More »Price & # 39; An imperfect metric & # 39; for Bitcoin technology, says Investment Strategist
[ad_1] Bitcoin (BTC) continues to decline, as well as the entire market. However, an investment strategist sees it as a technology that changes the paradigm that needs time to appreciate value. Bitcoin 0 0 marks another day of trading in red with the rest of the entire market performing even …
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