ARK Invest has hired David Puell, a pioneer of Bitcoin (BTC) on-chain analysis, as a crypto researcher.
- David Puell has joined ARK Invest: see the press release for more information.
- The $1 million per BTC projection made by ARK is still valid.
One of the most notable Bitcoin (BTC) on-chain analysts has joined ARK Invest as a crypto researcher. ARK Invest is a legendary investment fund focused on disruptive tech ideas.
David Puell has joined ARK Invest: see the press release for more information.
Mr. David Puell, the creator of The Puell Multiple and Bitcoin’s Market-Value-to-Realized-Value (MVRV) Ratio indicators, has announced his new role on Twitter.
I’m glad to announce that I will be doing crypto and on-chain research for @ARKInvest. Taking #Bitcoin on-chain analytics to the next level with the ARK Team is a dream come true. Excited for things to come!
— David Puell (@dpuellARK) February 18, 2022
Mr. Puell will begin working as a crypto and on-chain researcher at ARK Invest, a top-tier investment business curated by the segment’s heavyweight, Cathie Wood, in the coming days.
Mr. Puell is confident that in his new capacity, he will continue to push the boundaries of on-chain analysis for Bitcoin (BTC), the most popular cryptocurrency.
Puell’s Twitter handle was changed from @kenoshaking to @dpuellARK.
Nic Carter, Anthony Pompliano, Luke Martin, Nathaniel Whittlemore, Charles Edwards, and other Bitcoin (BTC) and Web3 veterans complimented Mr. Puell on this new stage of his career.
The $1 million per BTC projection made by ARK is still valid.
David Puell is best known for creating the Puell Multiple and BTC MVRV indicators. The first is determined by dividing the daily issuance value of BTC in USD by the daily issuance value’s 365-day moving average. It describes the earnings of miners.
The Market-Value-to-Realized-Value (MVRV) oscillator is a commonly used valuation metric, which is computed by dividing Market Value by Realized Value. It enables users to determine whether Bitcoin (BTC) is currently overbought or oversold.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.