News list for " straten"
On January 22, Coindesk analyst James Van Straten said that the Glassnode data showed that the hashprice indicator reached 62 PH/s, which is a bullish signal in history. It is reported that the hashprice is a measure of mining profitability created by Luxor. Mining revenue was below the 365-day moving average (SMA) for most of 2024. It only returned to...
On January 21, CoinDesk analyst James Van Straten said that if Bitcoin continues to follow the 2017 cycle, it may break through $1 million by the end of the year. At present, the price of Bitcoin has risen by about 550% from the low point of the cycle, which is in line with previous cycles. In the discussion of Bitcoin, the analysis of the four-year cycle has attracted much attention. This cycle revolves around Bitcoin's halving mechanism, with a decrease of 1% every four years.
The cryptocurrency market has been in a bull market since the end of 2024, but the trend of rising global government bond yields appears to have become impossible to ignore, according to analyst James Van Straten. The U.S. 10-year Treasury yield, seen as a benchmark for global standards, rose to 4.70 percent as of Wednesday, near a multi-year high, and has risen more than 100 basis points since the Federal Reserve first cut the federal funds rate in September. While the 30-year U.K. government b...
