Thursday, April 25, 2024
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Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst

Bitcoin (BTC) price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that asset could take.However, Charles Edwards, founder of Capriole Investments, believes that Bitcoin’s current price presents a low-risk long-term buying opportunity. Edwards’ view is based on Bitcoin's production cost

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DeFi Project Parrot Puts Fate of Over $70M Treasury, PRT Token, to Vote

The redemption plan appears to heavily favor employees and Parrot’s venture investors. Last November, Parrot finance unlocked all remaining team and VC tokens two years ahead of schedule. Community members claim the modified vesting schedule gives these insiders a redemption price of $0.055, 22% higher than the original, public investors. Source

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Bitcoin (BTC) Rally Puts Focus on Futures Market Quirk That Underscores Need for Spot ETFs

The cryptocurrency topped $31,000 late last month, reaching the highest in a year. With the rally, the spread between prices for the Chicago-Mercantile Exchange (CME)-listed July futures contract and the now-expired (the-then front-month) June futures contract exploded to nearly $500, the highest gap since the bull market days of late

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