Why crypto exchange Kraken predicts a $100,000 value for Bitcoin (BTC)?
Why crypto exchange Kraken predicts a $100,000 value for Bitcoin (BTC)?The global crypto market cap is $2.35 trillion with a 24-hour volume of $109.9 billion. The price of Bitcoin is $57,248.10 and the BTC dominance is at 46.0%.
by Oluwapelumi Adejumo Bitcoin’s value, from the earliest of days, has always attracted different price predictions from many crypto analysts and sceptics alike. Kraken, a leading US-based crypto exchange, is of the opinion that the price of the flagship asset could touch as high as $100,000 before the end of 2021.
More news ⏬Trading crypto? Here’s how to decide between CEXs or DEXsThere is a very well-known saying made famous during the California gold rush: “During a gold rush, promote shovels.” This phrase indicated that there are more innovative methods to capitalize on a rising enterprise without immediately competing with the alternative gold miners. Ethereum (ETH) miners are HODLing almost $2 billion in mining rewardsEthereum (ETH) miner balances continue increasing, as the metric reached a 50-month high, according to a behavior analysis platform Santiment. A Polygon-Ethereum bridge is bringing Aavegotchi NFTs to RaribleA new Polygon to Ethereum bridge is helping bring Aavegotchi NFTs to the Rarible marketplace, the teams said in a release shared with CryptoSlate this week. ‘Dogefather’ does it again: Why are ‘petcoin’ meme cryptos off the leash?While the new generation of Shiba Inu dog breed-inspired cryptos continues breaking the charts, the meme coin hype unravels as an influencer-dependent, community-driven market phenomenon. Bitcoin (BTC) in Congress: Senator Lummis discloses buying the dipRepublican Senator Cynthia Lummis beefed up her crypto portfolio less than two weeks after an unsuccessful attempt to insert an amendment into the controversial Senate-passed infrastructure bill, CNBC report revealed. Study shows Ripple, Polkadot, and Stellar holders are the ‘most anxious’ crypto ownersSet to explore current investor habits and the impact that 24/7 crypto trading can have on mental health, The Sleep Judge surveyed over 1,000 Americans and uncovered which cryptos are causing the most anxiety. NYC’s Penn Station transformed into the largest public crypto NFT saleCrypto fever reaches Penn Station in New York City with an interactive art sale featuring over 50 works of digital NFTs, accessible by QR code. El Salvador’s Chivo Bitcoin (BTC) wallet is rife with identity fraudAccording to El Mundo, identity thieves have targetted the Chivo wallet leading to further doubts around Bitcoin adoption in El Salvador. JPMorgan: BTC breaking $55,000 is fueled by institutional investors appetite for BitcoinThe flagship digital asset, Bitcoin, in the last seven days has witnessed one of its best times in recent weeks with its value touching as high as $55,000 during the bull run. 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.
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A Polygon-Ethereum bridge is bringing Aavegotchi NFTs to Rarible
Sunday, October 10, 2021
The global crypto market cap is $2.32 trillion with a 24-hour volume of $93.87 billion. The price of Bitcoin is $55362.94 and the BTC dominance is at 44.9%.
Study shows Ripple, Polkadot, and Stellar holders are the ‘most anxious’ crypto owners
Saturday, October 9, 2021
The global crypto market cap is $2.32 trillion with a 24-hour volume of $97.42 billion. The price of Bitcoin is $54942.48 and the BTC dominance is at 44.6%.
Shiba Inu (SHIB) storms up crypto rankings suggesting meme coins aren’t done yet
Friday, October 8, 2021
The global crypto market cap is $2.3 trillion with a 24-hour volume of $122.28 billion. The price of Bitcoin is $54149.91 and the BTC dominance is at 44.3%.
Bank of America report says crypto, DeFi are “only in the first inning”
Thursday, October 7, 2021
The global crypto market cap is $2.3 trillion with a 24-hour volume of $135.02 billion. The price of Bitcoin is $53916.88 and the BTC dominance is at 44.3%.
The US SEC is investigating crypto firm Circle over USDC product
Tuesday, October 5, 2021
The global crypto market cap is $2.18 trillion with a 24-hour volume of $109.87 billion. The price of Bitcoin is $50141.58 and the BTC dominance is at 43.3%.
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