Bitcoin crossed $18,000 as it points towards an all-time high of $20,000. The last time Bitcoin traded a $20,000 was in December 2017. Altcoins have started following BTC on its way to new record levels.
Bitcoin is experiencing a bull run in its price that is comparable to the record set when it hit its all-time high back in December 2017. Will this new record be set? The experts shared their views.
In a massive rally, XRP has moved past all technical barriers to hits its new 2020-high above $0.70 surging more than 100% in less than a week’s time.
The PayPal CEO noted that the COVID-19 pandemic has brought a fundamental shift in the use of money and has been a catalyst for digital payments. It’s only a matter of time that crypto use comes to the mainstream, he said.
Despite the significant yields available in DeFi, many institutional and mainstream retail investors are hesitant to enter, due to the risks factors associated with DeFi. Ether.Insure is here to change the situation.
The world of crypto is increasingly moving towards a larger intersection between the traditional world of finance and that of cryptocurrency.
China is scheduled for another test trial for its digital currency. The country had previously offered millions of digital yuan in a lottery during its biggest public test.
While there’s no explanation given by CCB, the recent withdrawal of the blockchain bond has left investors upset. The Malaysian crypto exchange Fusang expressed disappointment on CCB’s decision.
Ripple does not want just anyone with blockchain experience to apply, due to the nature of the task the CBDC expert will lead, the first requirement listed includes more than 10 years of experience in enterprise technology sales or account management.
Konstantin Anissimov, Director at CEX.IO, shares insights about the bitcoin and ethereum weekly price movements.
Based on his stock-to-flow (S2F) model, PlanB is pretty confident that Bitcoin (BTC) price will 5x within the next 12 months with the phase 5 bull run triggering in January 2021.
The continuous delay in the launch of Ethereum 2.0 threatens its dominance as market analysts question whether its development will be able to keep pace with the DeFi growth. Some new DeFi projects have already started looking for alternatives in the meanwhile.
292,672 ETH enclosed make up more than 55% of Ethereum 2.0 deposit contracts required.
Experts and analysts believe that BTC price growth has become possible thanks to the increasing adoption of Bitcoin by numerous firms.
The launch of OPEN tokens on November 26 may be in time for investors. Moreover, there are specific fundamentals that may support prices.