Bitcoin has been sitting pretty for some time, and while some of us are enjoying the volatility-free pause, it is part of a rare signal that a massive price move is imminent in the next 10 days, according to one trader. Elsewhere, ransomware attacks skyrocketed in 2023, Tron is set to dominate stablecoin payments, and U.S. crypto miners question whether the EIA’s survey is politically motivated.
Further reading:
- Bitcoin has ‘10 days max’ until BTC price metric hits squeeze zone — William Suberg
- Ransomware returns: Chainalysis flags record $1B payments in 2023 — Gareth Jenkinson
- TRON poised to lead stablecoin payments and RWA tokenization: Report — Cointelegraph Research
- US crypto miners challenge EIA’s energy usage survey — Gareth Jenkinson
References:
- Bitcoin pump prompts ‘emergency’ review of US crypto miner energy use — Jesse Coghlan
- Brian Morgenstern's EIA post on X
So, grab yourself a coffee, and let’s get into it!