The Bitcoin rainbow chart shows BTC ▼-0.12% cruising well above $100K and even on the cheap. Yet, 99Bitcoin’s analysis shows that USDT’s supply is peaking, and leveraged shorts are swelling, which are signs we could oscillate either way. Meanwhile, critiques of popular predictive models like economist Raoul Pal’s M2-Bitcoin correlation make us wonder, is this cycle … Read more
Why Gamers Dislike Crypto There’s no single reason. Here are the most common complaints: Reason Details GPU price hikes Gamers blamed crypto miners for driving up prices of graphics cards. Gambling mechanics Some believe crypto encourages speculative behavior. Forced monetization NFTs were seen as another way to charge players for digital content. Ironically, many popular … Read more
Bitcoin is the best-performing asset this century, let alone a successful blockchain project. It started as a fraction of a penny, which early crypto investors only gave to ninth-place eSports teams as a joke to show them how valueless the token was. Now it’s worth $80,000 with targets to reach $200,00 by year’s end. Here’s the … Read more
Coinbase closed out 2024 on a high note, delivering its best financial performance in years. A post-election spike in crypto trading lit up the company’s Q4, pushing revenue, trading volume, and net income well beyond Wall Street’s projections. Coinbase Revenue Rockets on Trading Boom Coinbase closed Q4 2024 with $2.3 billion in revenue, an 88% … Read more