El Salvador President Nayib Bukele foresees bitcoin reaching the long-elusive six-digit price this year amid increasing adoption as a sovereign currency.In 2022, bitcoin will reach $100,000 and two more countries will adopt the digital asset as legal tender, Bukele tweeted on Sunday, adding that the cryptocurrency will also become a major issue in the U.S. midterm elections to … [Read more...] about Salvadoran President Bukele Expects Bitcoin to Reach $100K This Year
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President Bukele predicts Bitcoin $100k rally, further legal adoption and more
Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing inflation in the country. Since legalization, the president acquired 1,370 BTC for the country’s reserve and reinvested its unrealized gains into new infrastructure projects including a hospital and a school.President Bukele predicted … [Read more...] about President Bukele predicts Bitcoin $100k rally, further legal adoption and more
CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks
Micro ETH futures’ slow start isn’t surprising, however, given the current dour market mood. Further, volumes usually dip ahead of the year-end holidays. When micro BTC contracts went live in early May, market sentiment was quite bullish, with bitcoin trading around $60,000. Source link … [Read more...] about CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks
Bitwise CIO ‘not so sure’ about Bitcoin hitting $100K in 2021
As 2022 draws closer, some cryptocurrency investment experts are now doubtful on whether Bitcoin (BTC) has enough time to hit $100,000 in 2021.Following a major flash crash in the cryptocurrency market, Bitcoin is unlikely to break new all-time highs in the next three weeks and go all the way up to $100,000, according to Bitwise’s chief investment officer Matt Hougan.“$100,000 … [Read more...] about Bitwise CIO ‘not so sure’ about Bitcoin hitting $100K in 2021
Subsocial network wins Kusama’s 16th parachain auction with over 100k KSM raised
Subsocial Network, a decentralized platform designed to support the creation of decentralized social networks has won the most recent Kusama parachain slot auction. A total of 16.5 million (16.5% of the total supply) SUB tokens will be allocated as rewards for crowdloan participants. It is only the 4th crowdloan to hit the cap of 100k $KSM.Subsocial is building the future of … [Read more...] about Subsocial network wins Kusama’s 16th parachain auction with over 100k KSM raised