Bitcoin’s price hit $46,767 Wednesday, the highest point the cryptocurrency has reached since May 16, according to data from Coindesk. Bitcoin’s price has mostly stayed above $40,000 over the past week. The price swing is a reverse of the downward trend Bitcoin...
The fear and greed index has been updated to “greed” as bitcoin hits $42,600. Bitcoin has seen a resurgence in price following twelve consecutive days of bullish momentum. Bitcoin has seen twelve days of green for the first time since February as it headed...
When a valuation of a company is made, it is done by modelling future cash flows and discounting them to the present-day value in a discounted cash flow model. Fundamentally, this relies on the estimates of future cash flows to accurately determine what the current...
Bitcoin hit its highest level since mid-May and continues to build momentum. The largest cryptocurrency gained Sunday for an 11th day in the past 12 and traded up to $42,606, its highest since May 18. Market watchers have pointed to $40,000 as an important inflection...
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