Bitcoin Spikes 5% to $4,100 in 2 Hours, Analyst Says Market Looks Bullish

Bitcoin Spikes 5% to $4,100 in 2 Hours, Analyst Says Market Looks Bullish 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Spikes 5% to $4,100 in 2 Hours, Analyst Says Market Looks Bullish Within less than two hours, the Bitcoin price surged from $3,920 to $4,137 by more than 5 percent against the U.S. dollar. The Bitcoin price surged above $4,100. The abrupt and strong performance of the dominant cryptocurrency fueled other major crypto assets in the likes of EOS, Ethereum, and Litecoin to record large gains in the range of 4 to 7 percent. Ethereum spiked from $147 to $157 immediately after the initial price movement of Bitcoin by…

Texas Crypto Fund Unveils Two New Ways to Value Bitcoin

Texas Crypto Fund Unveils Two New Ways to Value Bitcoin 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Texas Crypto Fund Unveils Two New Ways to Value Bitcoin In a paper published this week, Tuur Demeester’s US crypto fund, Adamant Capital, suggests two new ways of determining the relative market value of Bitcoin. One measures investor sentiment; it’s called Relative Unrealized Profit/Loss Ratio. HODLer Position Change (HPC) is perhaps more interesting. Adamant finds HPC by measuring blockchain “liveliness.” They explain the concept as such: “A blockchain where all the coins move within a single block has at that moment a Liveliness of 100%. A blockchain of two years…