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Venture capitalist Balaji Srinivasan says hyperinflation is happening now, and is making million-dollar bets that the price of bitcoin will reach $1M in 90 days. In related news, myriad voices from the world of finance are sounding off about inflation, recession, and a brewing economic crisis. In spite of the
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“Tether has no exposure to SVB as its popularity lies more in the Asian region, meaning USDT doesn't rely on dollars being held in American banks, making it one of the safest stablecoins to pivot to currently,” said François Cluzeau, head of trading at Flowdesk, in a message to CryptoX. Source
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A put option that expires at $2 is selling for 76 cents on options marketplace Clober. Source
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Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin's (BTC) price over the next 90 days, predicting the cryptocurrency price will reach $1 million by June 17. The wager was initiated on March 17, when pseudonymous Twitter user James Medlock offered to bet anyone $1 million
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Some $4 million in USDC futures were liquidated in the past 24 hours, Coinglass data shows. Original Source
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The Canadian rapper and singer Drake lost $400,000 in bitcoin after betting that the YouTuber-turned-boxer Jake Paul would beat Tommy Fury by knockout. Drake could have potentially raked in a $1.44 million bitcoin payout, but Fury won the fight in a split-decision victory. Drake Loses $400K Bitcoin Bet on Jake Paul’s
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Last year the crypto and Web3 saw a dichotomy between extremely turbulent markets, yet high prospects for the future of the space. Both users and investors alike have continued to pile into the industry, especially in areas concerned with the metaverse.A new survey from CoinWire, which surveyed over 10,000 investors in the
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The Ethereum price has been trending to the upside over the past week as the general sentiment in the market improves. The second crypto by market capitalization could extend its gains if macroeconomic conditions continue to support the rally. As of this writing, the Ethereum price trades at $1,333 with sideways
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Following news that Ark Invest has made investments into Grayscale’s heavily discounted Bitcoin fund, CEO Cathie Wood is doubling down on a bold bet that the top cryptocurrency will reach $1M per coin by 2030. Is such a lofty price prediction realistic, considering the recent collapse of the crypto market? And
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Bitcoin (BTC) held steady at the Nov. 21 Wall Street open following a weekly close at levels not seen since late 2020.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering above $16,000 after dipping below the level overnight.Sentiment remained on a knife edge
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