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...
CoinDesk senior analyst James Van Straten said: Wealth management clients of Wall Street banks such as Goldman Sachs, Bank of America, and Morgan Stanley continued to enter the crypto market through spot bitcoin ETFs in the third quarter, and given the sharp rise in cryptocurrency prices following last week's US Presidential Election, there could be a FOMO surge in the fourth quarter. Analysts said: "The 13F document reflects the slow progress of most institutions in deploying capital and observ...
James Van Straten, a senior analyst at CoinDesk, believes that even after the first break above $77,000, the price of Bitcoin looks likely to continue to surge. Bitcoin broke through $77,000 or due to the optimism of the crypto industry about Trump's victory, it is interesting that Bitcoin did not sell off, but broke through the previous highs on November 6 ($76,400), November 7 ($76,900) and November 8 ($77,200). Gold and the US stock market are doing the same, setting highs first...
Bitcoin has hit an all-time high against the BlackRock Treasury ETF, according to Van Straten data. Last week, as BTC neared its all-time high above $73,000 set in March, it traded at 800 times the value of the BlackRock iShares 20 + year Treasury ETF (TLT). This figure is higher than the 466 times that BTC last peaked in November 2021. BlackRock's long-term Treasury ETF (TLT) has fallen 8% so far this year, while bitcoin is up 55%. Van Straten analysts say the lack of...
James Van Straten, an analyst, said: "MicroStrategy shareholders are a unique group, and normally dilution would be considered a bad thing, but as MicroStrategy shareholders seem to be very happy with dilution because these shareholders know that MicroStrategy is buying bitcoin, and this strategy is equivalent to increasing its value per share, which means that shareholder value also increases."
分析师James Van Straten表示:“MicroStrategy的股东是一个独特群体,通常股东的股权被稀释会被认为是一件坏事,但作为MicroStrategy的股东似乎非常高兴自己的股权被稀释,因为这些股东知道MicroStrategy正在购买比特币,这种策略相当于增加了其每股的价值,意味着股东价值也随之增加。”