opinion

Plan B "This is a Bitcoin bull market similar to 2020, be patient"

Popular crypto analyst Plan B has called for patience, calling the current bull market similar to 2020's. He shared his S2F model and Bitcoin price chart on Saturday (local time), writing, "I love the current phase of the bull market. Some people are impatient, some people think the bull market is over," he said, adding, "2020 is resonating (replaying). Be patient."

His S2F model is a pricing model that states that scarcity, the ratio of new supply (Flow) to existing supply (Stock), determines the price of Bitcoin. In a series of tweets, he urged people not to be impatient, saying that Bitcoin enters a new price level after each halving and that it takes about 18 months for the market to catch up.

Jerome Powell cuts rates by 50 bp, touts healthy labor market and inflation numbers in press conference, hints at more rate cuts.

“The risks to upside inflation have declined, but the risks to a weakening labor market have increased somewhat,” said Fed Chair Jerome Powell in a post-FOMC press conference. “That said, our decision today reflects our confidence that labor market strength can be sustained. Over the past three years, inflation has

blockchain crypto cryptocurrency Arthur Hayes say bearish (spoted Crypto)

Arthur Hayes “Dollar/yen slides...bearish outlook for crypto”

Arthur Hayes, co-founder of BitMEX, told X: “With the dollar/yen exchange rate dropping to around 140 yen (dollar appreciation), it looks like we're in goblin town (bear market) once again. It remains to be seen if BTC can hold up.”

blockchain crypto cryptocurrency ethereum etf finally sucess (SpotedCrypto)

Ethereum ETFs will eventually succeed

John Wu, CEO of Avalanche (AVAX) developer AvaLabs, expressed a positive view on Ethereum (ETH) and ETH ETFs in an interview with Bloomberg TV, according to the Daily Hoarder. “The key for ETH is to create utility and use cases. In that regard, there are a lot of competitors, from

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