Bitcoin Mimics Textbook Market Sentiment Cycle, What Happens When Confidence ...
Markets are cyclical and go through alternating periods of positive and negative sentiment, with price action following the tone across the market. Although these changes appear to be difficult to predict, Bitcoin price is currently following a textbook market sentiment cycle chart from the book The Nature of Risk. If what follows in the book continues across the cryptocurrency market, a major trend change is due. Take a closer look at the market sentiment cycle chart by Justin Mamis. Is Bitcoin Following A Textbook Market Sentiment Cycle? Markets tend to move in the same way. This is why....
Related News
There is no denying that Bitcoin has been ripped to shreds by bears over the last several months after setting a new all-time high in November last year. Even with new highs, the rally is largely viewed as a failure without a dramatic cycle conclusion. But what if that rally was part of a bear phase, that only now is about to end? In a new direct comparison between bear phases in Bitcoin since 2018, it could indicate that it is almost time for another bull season any day now. Bull Market Cyclical Behavior Months ago, the term “few” was thrown around by the crypto community....
The academic textbook publisher hopes to capture a portion of secondary market sales on digital textbook sales by assigning an NFT to each title. Textbook publisher Pearson has revealed its plans to use non-fungible tokens (NFTs) to keep track of digital textbook sales and effectively “diminish the secondary market" for its digital textbooks. According to a Bloomberg report on August 1, Pearson CEO Andy Bird wants to assign NFTs to its digital textbooks in order to keep better track of sales and capture revenue that was previously lost on the secondhand market.Bird hopes the company can....
The crypto market sentiment had taken a beating when the price of bitcoin fell to a new cycle low of $17,600. With this, investor sentiment had plummeted to new yearly lows. But slowly, the market sentiment had recovered and made its way out of the extreme fear territory. That is until now when the market sentiment has recorded an enormous push upward off the back of another market rally. Sentiment Turning Green The crypto market sentiment has been on an uptrend since the recovery started back in July. When the price of bitcoin first hit $24,000 for the first time since the market trend,....
Princeton University’s first complete draft of the Princeton Bitcoin textbook, all 308 pages of it, is now available ahead of the book that is due to be published by the Princeton University Press in 2016. The first draft of the Princeton Bitcoin textbook, is now freely available. The book is aimed at computer science students, both undergraduate and graduate, as well as advanced students and researchers, software developers, entrepreneurs and technology hobbyists alike. The book is authored by: Arvind Narayanan, an assistant professor of computer science at Princeton, Joseph Bonneau, a....
Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive the current market, Ripio is expanding to Spain.
Ripio Launches Educational Crypto Book
Ripio, a Latam-based exchange, made some announcements regarding its product offerings earlier this week. The company presented two products directed to improve the....