Crypto News

What is the stock-to-flow model? The stock-to-flow model is a pricing model for bitcoin that predicts its future value based on its scarcity. It takes into account the current supply of bitcoin and the rate at which new bitcoins are being produced. The higher the stock-to-flow ratio, the scarcer the asset and the higher its predicted value. Bitcoin's stock-to-flow ratio is currently higher than any other asset, including gold, making it an attractive investment for many. Why is the Power Law Corridor model gaining attention? The Power Law Corridor model, developed by PlanB, is another pricing model for bitcoin that has gained popularity in recent months. It uses a logarithmic regression to plot bitcoin's price movements and has accurately predicted previous market cycles. This model suggests that bitcoin could reach a price of $100,000 by the end of 2021, and potentially even higher in the long term. What are the implications for investors? With both the stock-to-flow a...

Bitcoin's Rally to Continue Dippy believes that Bitcoin's rally is far from over and that the recent dip is just a temporary blip in the larger bullish trend. He points to the strong support level around $65,000 and the overall positive sentiment surrounding Bitcoin as reasons for his optimistic outlook. Ethereum (ETH) and Solana (SOL) Also Look Promising While Bitcoin may be the leading crypto in terms of market cap, Dippy also sees potential in other altcoins such as Ethereum and Solana. Both of these cryptos have been on a steady uptrend and have shown resilience in the face of Bitcoin's recent dip. Dippy advises keeping an eye on these two cryptos as they could also see significant gains in the near future. NFTs and Metaverse Hype Driving Crypto Market Apart from the traditional factors that drive the crypto market, Dippy also points out the increasing interest and hype around NFTs and the metaverse. These two trends have been gaining traction in the mainstr...