FOMO Begins: Bitcoin Adoption Explodes To Highest Level Since Previous Parabo...
2020 was undeniably the year of Bitcoin. No financial assets have acted as a better safe haven, insurance policy, protection against inflation, and more – all while being the top-performing mainstream investment asset in terms of ROI. FOMO has started in a major way, and will only increase from here. The sudden surge in interest surrounding crypto is reflected in the asset setting the highest number of new BTC address created since 2018 when the […]
Related News
Worldcoin’s latest rally drew a sharp increase in on-chain activity, with whale transactions, active addresses and new wallet creation all surging as WLD briefly climbed above $0.408 to an 11-week high. The move has since reversed, with live market data showing WLD back near $0.31 after a double-digit 24-hour drop, making the rally look increasingly FOMO-driven rather than a clean trend shift. Santiment’s chart tracks WLD price action against three network indicators: whale transactions, daily active addresses and network growth. According to the firm, whale transactions rose to 64 in 24....
BitTorrent turned alarmingly overvalued on Monday as its price popped higher by as much as 164 percent quarter-to-date. The BTT/USD exchange rate surged to $0.013, its highest level on record, after rallying seven days in a row. Every sell-off attempt met with an equally aggressive accumulation, prompting more and more traders to buy the Justin […]
Ripple, Enterprise blockchain and crypto solutions provider has partnered with FOMO Pay. FOMO Pay is a leading Singapore-based institutional digital payment solution provider and has become the latest firm to unify with Ripple’s liquidity solution. Through this integration, FOMO Pay is planning on using Ripple’s crypto-enabled enterprise technology which is supposed to enable its cross-border […]
If this bull cycle is like 2017 or even 2019, then the majority of investor "FOMO" and associated price gains lie ahead. Bitcoin (BTC) bears thinking that $58,000 was this cycle's top will be sorely disappointed, fresh investment data from past bull markets shows.Compiled by on-chain analytics resource Whalemap, statistics covering BTC buys of between $5 million and $7 million conclude that even at recent all-time highs, Bitcoin was far from a "macro top.""No FOMO in sight" for BTCDuring the 2017 and shorter 2019 bull market, Bitcoin saw mass buy-ins of a similar size — $5-7 million. When....
After closing its best highest week since its inception, the bulls remain in control of the price of Bitcoin. At press time, BTC’s price trade at $61,386 with a 3.8% profit in the daily and a 12.3% profit in the weekly chart. In the crypto top 10, only Dogecoin (DOGE) and Binance Coin (BNB) have outperformed Bitcoin as this asset’s dominance over the crypto market continues to rise. Related Reading | Bitcoin Price Smashes Record For Highest Weekly Candle Close Ever The general sentiment amongst traders and operators seems bullish with potential FOMO coming in the coming weeks if....