FlowBank

1179 days ago

Crypto market cap implodes after weekend BTC gap down

Bitcoin pulling back from over $40k has hit the total assets held in cryptos hard.

#Forex
Crypto market cap implodes after weekend BTC gap down

1179 days ago

Bitcoin down almost 20% following a historical rally

How high can a star rise before it falls? Bitcoin heavily fell this weekend, dropping almost 20% to the 33 thousands. The question is: what to do now? Should you buy, should you sell, should you hold?

bitcoin going down 20% this weekend

1180 days ago

Chart of the day: Cryptocurrencies vs. Main Asset Classes by Market Cap as of January 9, 2021
Source: @Coin98Analytics
Main asset classes by Market Value

1180 days ago

An update on Bitcoin vs. the stock to flow (SF) model

To know more about the stock to flow model you can read again our November blogpost: https://www.flowbank.com/en/research/will-bitcoin-rise-to-100000

Bitcoin stock to flow model

1180 days ago

Bitcoin Whales’ ownership concentration is rising during the rally. About 2% of accounts control 95% of all Bitcoin.

A lot of theories have emerged on why Bitcoin has skyrocketed almost 60% in the past month, with most heralding widespread adoption by institutions and individuals. The fact remains that there’s nothing widespread about Bitcoin ownership. A few large holders commonly referred to as whales continue to own most Bitcoin. About 2% of the anonymous ownership accounts that can be tracked on the cryptocurrency’s blockchain control 95% of the digital asset, according to researcher Flipside Crypto - source: Bloomberg

% of accounts of owning 95% of all Bitcoin
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