In this episode of the Coin Street headlines, we dive into the latest headlines impacting the world of cryptocurrency. We explore the forecasted peak price of $222,000 and the caution advised by André Dragosch, the European head of research at Bitwise, regarding the valuation framework. Discover how companies are rebranding as Bitcoin treasuries, with holdings nearing 1.05 million BTC, and learn about Willem Schroé’s vision for turning dormant assets into yield-generating opportunities. Hear from Coinbase CEO Brian Armstrong about his plans to transition every stage of a startup’s journey onto the blockchain, from incorporation to public trading. And finally, we analyze the correlation between the Institute for Supply Management’s Manufacturing Purchasing Managers Index and Bitcoin’s market cycles, a pattern highlighted by Real Vision’s Raoul Pal. Jane King with the latest from the NYSE.
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Bitcoin's stock to flow model, one of the most widely cited BTC valuation frameworks, forecasts a peak price of 222,000 during this market cycle, but investors should exercise caution when using this model.
That's according to Andre Dragos, the European head of research at investment firm Bitwise.
The stock to flow model does not take into account demand side factors and instead centers its price modeling on.
Bitcoin's having, which reduced the amount of newly issued BTC by half every 4 years, according to Draggo.
Well, Bitcoin treasuries can earn more Bitcoin, according to Willem Schroe, the Botanics Lab's founder says corporate Bitcoin reserves now rival ETFs and Botanics, wants to turn those dormant holdings into active yield generating assets.
Publicly listed companies are increasingly rebranding as Bitcoin treasuries, with holdings now nearing 1.05.
5 million BTC Coinbase CEO Brian Armstrong has outlined an ambitious plan to move every stage of a startup's journey from incorporation to fundraising and public trading onto the blockchain.
Speaking on the TBPN podcast, Armstrong described his vision for an unchain life cycle where founders could incorporate their startups, raise seed rounds, receive instant capital in USDC, and eventually go public through tokenized equity.
Well, the Institute for Supply Management's Manufacturing purchasing Managers' Index has historically aligned with major peaks in Bitcoin's market cycles, a pattern that, if repeated, could imply a longer than usual cycle this time around.
The correlation between the ISM, PSI, and Bitcoin's price was first popularized by Real Vision's Raoul Paul and has since gained traction among macro-focused crypto analysts, and that is the latest read headlines.