Data shows Bitcoin is relatively ‘cheap’ at these prices, “best to buy” time for new investorsThe global crypto market cap is $1.5 trillion with a 24-hour volume of $79.61 billion. The price of Bitcoin is $36,375.73 and the BTC dominance is at 45.4%.
by Atul Ajoy Dan Morehead, the CEO of Pantera, believes that Bitcoin is “cheap” when compared to the price trend over the last 11 years according to their June investor report. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬Holder of 92,000 BTC explains why energy concerns aren’t Bitcoin’s biggest threatMichael Saylor discussed what he perceives as the biggest risk to Bitcoin, and it’s not to do with environmental, social, or governance (ESG) factors. How DeFi project Archer DAO protects traders from the MEV problemArcher DAO combats one of the most criticized problems plaguing the DeFi market today: That of opportunist bots and front-running programs that result in burgeoning GAS costs on networks like Ethereum. Paraguay to unveil Bitcoin legislations next monthParaguay is set to unveil a crypto bill on the back of Bitcoin’s success story in El Salvador, a government official said this week. Shiba Inu coin (SHIB) dumps after Coinbase Pro snubShiba Inu’s (SHIB) proposed debut on the US crypto exchange Coinbase Pro came as a shocking surprise to many. Rick and Morty creator joins Fox’s new $100 million NFT and blockchain effortDan Harmon, the man behind the world-famous mad scientist show Rick and Morty, has been signed on by Fox to create a new animated series that will be distributed using blockchain technology and advertise via nonfungible tokens (NFTs), entertainment site Hollywood Reporter said today. The official Algorand (ALGO) wallet is now fully open sourceThe official Algorand wallet is now open-source and its codebase has been made publicly accessible, the protocol said in a blog post today. Cardano’s Charles Hoskinson admits to “spying” on Polkadot’s technologyIn comparing Cardano and Polkadot, Input Output Global (IOG) CEO Charles Hoskinson gave insight into the workings of the cryptocurrency industry, saying projects snoop on each other all the time. You can soon bet on Bitcoin’s dominance against other cryptosA new product by crypto exchange Binance will soon allow traders to bet on Bitcoin’s increasing or decreasing share of the crypto market, it said in a release today. Enjin & Virtual Worlds to release limited-edition NFTs of Egyptian monumentsEnjin, the first dedicated blockchain allowing anyone to mint NFTs, has signed a partnership agreement with Virtual Worlds, a brand with over two decades of experience in capturing and sharing the world’s most impressive monuments in mind-blowing digital experiences. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 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.
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sexta-feira, 18 de junho de 2021
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Data shows Bitcoin is relatively ‘cheap’ at these prices, “best to buy” time for new investors