Auto Added by WPeMatico

Altcoin Season Chatter Heats up on X, While Index Indicates It’s Still Far Off

Just ten days ago, Bitcoin.com News highlighted blockchaincenter.net’s Altcoin Season Index (ASI), which was sitting at a modest 22 out of 100. Fast forward to Sept. 3, 2024, and despite…

Continue ReadingAltcoin Season Chatter Heats up on X, While Index Indicates It’s Still Far Off

Bitcoin’s Power Law Model Gains Traction Despite Market Fluctuations

In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently stands over 13% below its peak value reached in March, the Power Law…

Continue ReadingBitcoin’s Power Law Model Gains Traction Despite Market Fluctuations

China’s Reduced Physical Gold Demand Cools Prices After May Peak

While gold reached a record high in May at $2,450 per ounce, it has since settled at $2,329 per ounce. According to the World Gold Council, China’s demand for gold…

Continue ReadingChina’s Reduced Physical Gold Demand Cools Prices After May Peak