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$60k Bitcoin Top? – Intriguing BTC Data Tells 2 Stories


March 16, 2021 · By Muhammad Awwal
Binance Coin (BNB), Bitcoin (BTC), Ethereum (ETH), PancakeSwap (CAKE), Terra (LUNA), Theta Network (THETA), VeChain (VET)

BitBoy Crypto live stream recap of March 16th.

The cryptocurrency market is flourishing, with a market cap of $1.7 trillion and a 24h volume around $160 billion, which is very high. Ethereum dominance is back up to 12% and Bitcoin dominance is down to 60% (4:00).

Ben says TERRA (LUNA), THETA and Vechain (VET) are the coins on his radar right now and they all have the potential to move to the top 10 market cap coins (6:00).

Bitcoin closed above the Stock-to-flow model created by Plan B projected price and is on track to hit the model at the end of the year with a price target of $288k (24:50).

Blockchain game token ALICE surged 60,000% within a minute of getting listed on Binance (30:10).

Ethereum developers discuss exploring ways to expedite Beacon Chain merge, which suggests Ethereum 2.0 might come sooner than expected (47:28).

DeFi platforms PancakeSwap and Cream Finance on the Binance Smart Chain announced they have gained control of their domain name system (DNS) after they were affected by a DNS hijack attack (53:30).

This episode premiered on March 16th, 2021


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