2021-11-5 16:30 |
According to this indicator, Bitcoin is undervalued in the long term
Similar to Notcoin - Blum - Airdrops In 2024
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Bitcoin price action might not reflect it, but the leading cryptocurrency by market cap could be massively undervalued, according to a variety of fundamental metrics that focus on coin issuance. These tools are widely known, but when combined paint a clear picture that backs up any chance that the top coin by market cap is actually undervalued at $40,000 per BTC.
2021-8-2 23:00 | |
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A Bitcoin on-chain metric, the Puell Multiple, temporarily fell to the “undervalued zone” before snapping back as BTC prices recovered, data from GlassNode on July 5 shows. The Puell Indicator Falling in lockstep with Bitcoin Hash Rate According to a screen-grab, the indicator has been used by on-chain analysts to pick out bottoms on severalRead More
2021-7-5 14:00 | |
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According to the stock-to-flow deflection chart, today bitcoin is the most undervalued with respect to the last 10 years of its history. The post Bitcoin (BTC) Most Undervalued in 10 Years According to Stock-to-Flow Model appeared first on BeInCrypto.
2021-6-17 14:33 | |
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Ethereum's rally to $3000 has more volatility than observed last week. In the past 24 hours, the price was up over 9%. Despite this according to analysts, Ethereum continues to remain undervalued.
2021-5-26 20:00 | |
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Ethereum was one of the best performers on the cryptocurrency market last month, and the price of this cryptocurrency has advanced from $1922 above $2800 in April. The current price stands around $2940, and according to digital assets investment guidance provider Two Prime, Ethereum is still undervalued.
2021-5-3 22:09 | |
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Bitcoin price indicators equivalent to the price-to-earnings (PE) ratio for stocks point towards an uptrend, according to leading on-chain analysts. The growth in total mining hashrate is also setting BTC up for more gains.
2020-9-16 22:11 | |
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Since dropping sub-$100 in the March catastrophe, ethereum bulls seem to be on a tear the past few days. The top altcoin is up more 20 percent since yesterday to trade at over $170. Yet, according to one key metric, ETH is still undervalued.
2020-4-8 20:46 | |
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Cardano could be the real dark horse in the cryptocurrency industry, according to Weiss Crypto Ratings
2019-12-19 20:50 | |
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Nate Maddrey, a Researcher for crypto-asset data analytics firm Coin Metrics, recently gave a talk at the TQuorum Global Summit, and analysed Tezos’ activity using on-chain data. According to Maddrey, it is difficult to measure usage on blockchain, but the main way Coin Metrics approaches this problem is by looking at the number of addresses […] The post Tezos is bullish and slightly undervalued, claims researcher appeared first on AMBCrypto.
2019-10-19 23:30 | |
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Introduction According to statistics, more than 1. 6 billion people gamble online at least once every year but this figure doesn’t include sports betting which means the actual figures could be significantly higher.
2019-7-12 02:10 | |
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Jack Dorsey’s payments company Square is already up by a double-digit percentage in 2019, and one Wall Street analyst says there’s more runway for gains. According to TD Ameritrade Network, Instinet’s Dan Dolev believes Square’s stock, which is currently hovering at about $74, is worth more like $100 – and that’s a conservative estimate.
2019-7-7 01:15 | |
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Currently, BTC/USD is trading at $8,825, having surged more than 180 percent from the yearly low of $3,150 during the brutal winter of 2018. However, we are still down 57 percent from its all-time high of $20,000.
2019-6-16 00:40 | |
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Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis.
2019-4-20 22:59 | |
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A blockchain company committed to building infrastructure to make token creation and issuance easy, Swarm, has gone into partnership with the Tron Network. This partnership will enable the blockchain company to bring its security tokens to Tron’s platform, and allow its customers to complete transactions faster with few fees.
2019-4-10 18:21 | |
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Kyle Samani, the co-founder and managing partner at Multicoin Capital, released an in-depth analysis and valuation of Binance Coin (BNB). This is a virtual currency that was created by Binance and that can be used in this trading platform to reduce trading fees.
2019-2-24 19:43 | |
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John McAfee is once again discussing the notorious wager he made back in November 2017 when he predicted that bitcoin will reach a million dollars before the end of 2020. McAfee is reportedly on the run from the IRS, but his worries don’t end there: according to statistics, his bet is currently $37,000 light of […] The post The Infamous Bet: John McAfee’s 2020 Price Target Shows BTC Undervalued by $37K appeared first on Bitcoin News.
2019-2-24 22:30 | |
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Bitcoin’s recent bullish rally has helped the leading crypto asset return to mean after $6K support was penetrated by bears. Given its potential, it’s clear to see that Bitcoin is currently undervalued by most analyst’s standards.
2019-2-22 23:00 | |
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Bitcoin’s current value is $3,312 but according to Tom Lee, it should be between $13,800 and $14,800. The ever-so-vocal Bitcoin bull believes that the currency is grossly undervalued and believes last year’s meteoric rise could be one of the reasons.
2018-12-14 02:09 | |
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One of Bitcoin’s most fanatical bulls and head of Research at Fundstrat, Tom Lee has turned down a request to predict the end of year price for Bitcoin. Lee was speaking with Bloomberg when he was asked what he thought the end of year price of the asset will be.
2018-12-13 22:00 | |
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Listen Here – https://soundcloud. com/cryptodaily/trx-wont-slow-down-check-out-trons-latest-announcements TRON and the TRON Foundation have made very exciting progress through the start of October and continue to impress the crypto community.
2018-10-11 18:00 | |
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Interesting statistics are not difficult to come by when exploring cryptocurrency markets. Although not all statistics make sense at first, they can provide valuable insights. According to CoinFairValue, the following 5 major cryptocurrencies – ranked by ascending price/fair value ratio – are vastly undervalued based on their perceived “fair value”.
2018-9-22 18:30 | |
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Tom Lee of Wall Street is one of the industries more famous bulls. He believes that Bitcoin is horrendously undervalued at the moment and even expected Bitcoin to reach an all time high of $25,000.
2018-7-5 23:00 | |
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