Cryptocurrency Analysis and News Portal
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyperinflation,
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While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across 1,199 fundraising rounds surpasses all
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U.S. employers added TK jobs in June. Original Source
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The count of jobs gained or lost is measured through a survey that asks employers for the number of workers they have on their payrolls during the period of measuring. That excludes workers who were out sick, or missed work for other reasons, like taking care of someone or quarantining.
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Leading NFT marketplace, OpenSea, is now processing more transactions daily than it did during the entirety of 2020. On Aug. 2, Devin Finzer, the co-founder and CEO of OpenSea, tweeted that the platform had processed $95 million worth of transactions in two days. Finzer estimates that OpenSea processed $21 million
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Quick take:Bitcoin’s dominance has fallen consistently since the beginning of 2021BTC’s dominance fell from 73% to 59% allowing alt-coins to thriveBitcoin’s dominance is now battling to regain the crucial 63% that could see BTC back in full control of the crypto marketsBitcoin is at the cusp of confidently breaking $50k
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In brief:Bitcoin has a 12% chance of breaking $100k by the end of 2021This forecast is based on data from current Bitcoin options contractsElon Musk’s tweets on Bitcoin and Dogecoin could increase interest in owning the two digital assetsBitcoin looks set to retest $48k in the short termBitcoin (BTC) has
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Summary:Bitcoin’s dominance tested 73% on January 3rdThis level was last seen in September of 2019 and is a crucial resistance areaIf Bitcoin pushes above this level, altseason will be postponedConversely, if Bitcoin corrects and fails to break the 73% dominance, alts might just thriveThe King of Crypto, Bitcoin (BTC), has
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Summary:Bitcoin has a 9% probability of exceeding $100k by September 2021This is according to options prices on the various derivatives platformDeribit has introduced a December 2021 Bitcoin options contract with a $200k strike priceBitcoin is a few hundred dollars away from $40kBTC has proven resilient amidst uncertain times in the
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[sociallocker id="55298"] According to the recent data from Skew, Bitcoin options trading is becoming more popular in the market than futures or swaps.As the cryptocurrencies’ popularity grows in the trading industry, Bitcoin options trading is attracting a significant number of investors and other market participants. Despite not being in the
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