Why strategists say Bitcoin (BTC) can reach $100,000 by 2022The global crypto market cap is $2.61 trillion with a 24-hour volume of $104.83 billion. The price of Bitcoin is $62,320.19 and the BTC dominance is at 45.0%.
by Juhi Mirza Bitcoin’s recent shift to an all-time high of $67,000 has prompted financial experts and investors to trust Bitcoin as a strong investment alternative, with strategists predicting its next rally to cross the $100,000 mark. More news ⏬AllianceBlock and the Intelligent Design of DeFi 2.0Ad: How AllianceBlock is leading the charge towards DeFi 2.0 by providing solutions in the industry such as interoperability, compliance, and access to liquidity. Dfyn announces new incentivized liquidity program on Fantom NetworkLeading multichain AMM dex platform Dfyn has unveiled a new incentivized liquidity program on Fantom. Cross-border Stellar (XLM) payments are soon coming to Europe and AfricaThe Stellar Development Foundation (SDF), the non-profit supporting the Stellar network, announced yesterday that Flutterwave, a global payments technology company, has launched two new remittance corridors between Europe and Africa on the Stellar network. Flutterwave would leverage the Stellar network and Stellar-based USD Coin to simplify remittances in Africa. Do crypto holders need to fear the digital dollar?Through central banking, the United States government has already demonstrated it has access to infinity money printing. WallStreetBets dApp to launch retail funds on Bitcoin’s Liquid NetworkBitcoin development firm Blockstream is building a new DeFi product that facilitates securities trading on the Bitcoin network, announced WSB founder Jaime Rogozinski in an event yesterday. Worldcoin wants to scan your eyeballs. But its founder says that’s the ‘future of privacy’Worldcoin, a new startup founded by OpenAI CEO Sam Altman, theoretical physics student Alex Blania and former investment associate at Bridgewater Associates Max Novendstern, uses iris recognition devices called “Orbs” to scan people’s eyes in exchange for free cryptocurrency. Bitcoin (BTC) hashrate rose by over 30% since July. Here’s what it means.Despite China’s hostility towards the Bitcoin mining space earlier in the year, the hashrate of the digital asset has increased a great deal within the last 3 months by over 30%. Terra is preparing to burn more than 9% of the total LUNA supplyDo Kwon, co-founder and CEO of Terraform Labs, the South Korean company behind the blockchain project Terra (LUNA), recently announced on Twitter that the on-chain vote for the project’s proposal 44 will be initiated on Wednesday and will be in a voting period for two weeks. Dogecoin (DOGE) ranks number one by Google searches in the U.SDogecoin is the most popular cryptocurrency in the U.S based on the average number of monthly searches. Terra founder Do Kwon files lawsuit against the U.S. SECDo Kwon and Terraform Labs (TFL), the South Korean company behind the blockchain project Terra (LUNA), are suing the US Securities and Exchange Commission (SEC), last week’s filing shows. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. 🔥 Trending Sectors
Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article. If you liked this post from CryptoSlate, why not share it? |