Popular cryptocurrency expert Cold Blooded Shiller has made a grim prediction that Bitcoin may be on the verge of a significant correction and could crash as low as 30%, given the current heightened volatility in the market. Bitcoin Could Be Poised For 30% Pullback Cold Blooded Shiller believes it is important to note that Bitcoin…
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Researchers from Glassnode and Ark Invest have collaborated to develop a new economic model for analyzing Bitcoin’s onchain metrics called “Cointime Economics.” The framework offers an alternative way to measure the economic activity and value of bitcoin based on “coinblocks” rather than the standard accounting method of unspent transaction outputs, or UTXOs. Cointime Economics: A…
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More people use Bitcoin now, but transaction fees are much lower than during the 2017 bull run. As Bitcoin (BTC) keeps hitting new all-time highs past $20,000, its network fundamentals paint a different picture compared to the previous 2017 bull run. Three years ago, on this very day, Bitcoin reached its first major all-time high…
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