Quantifying PayPal’s Impact on Bitcoin Demand
PayPal’s user base could generate demand for over 15% of Bitcoin’s current market cap over the next 12 months. By now, most of us have heard that PayPal has begun to enable buying and selling of cryptocurrencies in...
Read more“PayPal Effect” – Fab Four Coins With Huge Tailwinds Into 2021 (BTC, BCH, ETH, LTC)
By now, most of us have heard that PayPal will enable buying and selling of cryptocurrencies in the coming weeks in the U.S. and select international markets in the first half of 2021. Initially it will include four crypto...
Read moreBitcoin Still in Accumulation Phase of This Cycle; More Upside Ahead
It’s important for traders using technical analysis to identify big picture trends. In crypto, the big picture is dictated by Bitcoin and that’s why we keep track of alternative data indicators used to analyze Bitcoin usage, adoption and valuation...
Read moreHow to value Bitcoin using on-chain data
Last week, Lucas Nuzzi, Network Data Product Manager from Coin Metrics, gave a presentation with CoinDesk about using on-chain data for valuing BTC. Since there are no fundamentally established methods of valuing BTC, analysts keep inventing ways to value...
Read moreBTC whales are selling? plus news on ADA, VET, ETH
Yesterday, Philip Gradwell, an analyst from on chain data analytics platform Chainalysis, gave a presentation with CoinDesk, and there are a couple of key takeaways that jumped out. 1. New investors in BTC are steadily increasing, really since early...
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