Bitcoin (BTC) investors are known for being bullish, and even during 50% corrections like the current one, most analysts remain optimistic. One reason for investors' endless optimism and belief in infinite upside could be BTC's decreasing issuance and the 21 million coins fixed supply limit.However, not even the most accurate models, including the stock-to-flow (S2F) from … [Read more...] about Options traders aim for $100K Bitcoin by the end of 2021, is there a chance?
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Strike to offer ‘no fee’ Bitcoin trading, taking aim at Coinbase and Square
Payments platform Strike has announced that it will allow U.S. customers to buy and sell Bitcoin with almost no trading fees from today.In an announcement on July 1, Strike founder and CEO Jack Mallers launched a salvo at leading U.S. cryptocurrency exchange Coinbase, stating that his platform will set out to be the “cheapest and easiest place on the planet to acquire BTC."The … [Read more...] about Strike to offer ‘no fee’ Bitcoin trading, taking aim at Coinbase and Square
Bulls aim to reclaim $40K ahead of Friday’s $520M BTC options expiry
Bitcoin (BTC) bulls have little reason to celebrate the 25% rally over the past nine days. After testing the $31,000 support on June 8, top traders' optimism faded, and even the recent $41,000 high was unable to boost their expectations.Contrary to market sentiment, the United Kingdom's Financial Conduct Authority has indicated a significant increase in cryptocurrency ownership … [Read more...] about Bulls aim to reclaim $40K ahead of Friday’s $520M BTC options expiry
Dfinity founder takes aim at Ethereum’s complex layer-two solutions
Dominic Williams, the founder of Dfinity and its Internet Computer, has slammed the scaling solutions put forward by Polkadot and Ethereum for offering a disjointed user experience.The self-described “blockchain maximalist” criticized Ethereum’s burgeoning ecosystem of second-layer scaling solutions, describing Ethereum as starting to resembling a ridiculously elaborate “Rube … [Read more...] about Dfinity founder takes aim at Ethereum’s complex layer-two solutions
ShapeShift takes aim at gas fees with new FOX token functionality
In a blog post today, noncustodial wallet and decentralized exchange aggregator ShapeShift announced expanded functionality for its FOX rewards token designed to mitigate gas fees — or, as the project put it, turn the token into “the Gas-Guzzling Philanthropist of the DeFi Forest.”“FOX Tokens now have the added superpower of helping you pay for gas when you trade on … [Read more...] about ShapeShift takes aim at gas fees with new FOX token functionality