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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.
Y Financial’s index token holders have robust opportunities to voice their opinion. Each YFIN index token holder is eligible for YDOT governance tokens at a 1:1 ratio.
Chainalysis valuation and growth are not common in the crypto space as the $1 billion valuation is quite rare and particular for a blockchain data analytics service firm.
It looks like Bitcoin bulls are preparing to take the BTC price above its all-time high of $20,000. While the BTC market rally has been overwhelming, several Bitcoin proponents thin that there’s a lot more to come in 2021.
Bitcoin has rallied approximately 124.3% in the past one year and is now up 17.4% and 12.3% in the past two weeks and seven days respectively.
MUFG will be able to harness its existing financial services to drive the mainstream adoption of the network.
Ethereum price breaking above the $500 level is a confirmation of the long-awaited bull rally.
1inch said that there will be no vesting schedule and that its liquidity providers will be able to collect their rewards once the 1INCH token has been issued.
A series of significant price jumps have made Bitcoin dominance to escalate steadily over the last six weeks.
In March 2019, Zeenea, a data company, revealed that 60 petabytes of TV shows and movies are stored by Netflix which is less than 7% of the current capacity of Filecoin.