Price analysis 11/27: BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX, TON, SHIB

Crypto research firm Messari has estimated that Bitcoin could trade for $50,000 each if institutions allocate a low-single-digit portfolio percentage to BTC. 2243 Total views 69 Total shares Messari’s Ryan Watkins has crunched the numbers and predicts that if institutions allocate just 1% of their portfolios to Bitcoin, then BTC’s market cap could rise to…

Chicago Mercantile Exchange (CME) Bitcoin futures and options markets are set to mature this Friday, leading some traders to fear that the most recent BTC dump is a presage of weakening markets.According to a September 2019 Cointelegraph and Arcane Research report, there is typically a 2.3% drop ahead of each monthly CME expiry. Given the…

The recent national budget, published by His Majesty’s Treasury, announces the amendment of the self-assessment forms for crypto assets. 769 Total views 17 Total shares Own this piece of history Collect this article as an NFTAs the United Kingdom gradually develops its own comprehensive crypto framework, His Majesty’s Treasury is introducing a separate category for…

The new model purportedly offers comparable performance at a fraction of the cost.

The major spot exchange platform has launched its mainnet trading chain OKExChain. 734 Total views 7 Total shares Crypto exchange platform OKEx has announced the launch of its OKExChain mainnet with 10 million OKT tokens available for early adopters.According to an announcement, the project was three years in development, spanning 10 testnet versions.The mainnet deployment…

Bitcoin (BTC) investor Alistair Milne was eventually forced to send Bitcoin instead of a $2,600 gold bar as part of his recent giveaway.Following a giveaway announcement on Sept. 19, Milne has revealed the winner as well as other giveaway details in a thread on Twitter on Oct. 22. Giveaway backgroundAs originally envisaged, Milne should have given…

Bitcoin (BTC) surprised traders and analysts alike on Jan. 14 after BTC/USD broke out of its already bullish channel to strike at resistance levels near $8,600.Cryptocurrency market daily overview. Source: Coin360BTC climbs 2% in an hourData from Coin360 and Cointelegraph Markets showed Bitcoin jump 2% in just over an hour on Tuesday to hit local…

“Not quite ready” — MicroStrategy CEO Michael Saylor said that traditional financial markets aren’t prepared for bonds backed by Bitcoin. 581 Total views 18 Total shares MicroStrategy CEO and Bitcoin permabull, Michael Saylor believes that traditional financial markets aren’t quite ready for Bitcoin-backed bonds. Saylor told Bloomberg on Tuesday, that he’d love to see the day…

As the largest cryptocurrency by market capitalization, Bitcoin’s (BTC) effectiveness as a medium of exchange is still a matter for debate. Unlike fiat money that is inherently infinite in supply and must be managed by a central bank, Bitcoin is akin to gold in that it is commodity money with a finite supply of 21…