Is this the top? CNBC tips five months of Bitcoin upside
“This is the death knell of Bitcoin. It was fun whilst it lasted. $3K here we come.” Go to Source Powered by WPeMatico
Predictions
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Fund execs offer $1M bets that Bitcoin’s S2F model won’t come true
The S2F model predicts a Bitcoin price of up to $288,000 by 2022 but two fund execs are betting the model won’t pan out. Go to Source Powered by WPeMatico
Blockchain adoption 2021: Going mainstream through enterprise use
Optimistic blockchain predictions for next year may be accurate, but a lot of factors will have to fall into place. Go to Source Powered by WPeMatico
Interview: Is the stock-to-flow model flawed?
According to crypto analytic firm ByteTree, the popular stock-to-flow model is not a reliable indicator for Bitcoin’s long term price action. Go to Source Powered by WPeMatico
CEO of crypto derivatives exchange FTX donated $5M to Biden campaign
The “relative newcomer” to politics joined other major CEO donors to the Democratic candidate. Go to Source Powered by WPeMatico
FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64%
At the beginning of the year, the trading platform FTX Exchange launched a futures market so people can bet on the U.S. election and created a futures contract token called TRUMP. On Friday, FTX revealed that the exchange is lifting the initial margin requirements to $0.50 for its TRUMP token contracts. Individuals who don’t live … Read more
Abra CEO’s portfolio is 50% Bitcoin as cash is ‘becoming worthless’
Abra’s CEO purportedly increased his holdings prior to Bitcoin touching new 2020 highs. Go to Source Powered by WPeMatico
PayPal might issue its own cryptocurrency soon, says CoinShares exec
The CSO of CoinShares thinks that a payments-focused PayPal token could be forthcoming. Go to Source Powered by WPeMatico
‘Enormous wall of money’ will send Bitcoin to $1M in 2025 — Raoul Pal
The largest cryptocurrency will “massively outperform gold” before that, says the Real Vision founder. Go to Source Powered by WPeMatico
Bitcoin price metric suggests $15K surge after US elections — report
The MVRV ratio is firmly sticking to its 2-year uptrend, with support in place for fresh all-time highs, says Stack Funds. Go to Source Powered by WPeMatico
