Dec 11, · Bitcoin is struggling to make gains as an expected low-volume weekend could push price further down. Meanwhile, the increasing number of active Ethereum addresses this year is a . Dec 11, · Ethereum will Exceed Bitcoin’s Size in Global Finance Tweeting on Friday (Dec. 11, ), Pal provided a series of arguments based on the current market size of several sectors of the global financial space that point to Ethereum being primed for greater exponential growth than Bitcoin within the next decade. Dec 19, · DeFi tokens take it relatively slow as Bitcoin surges to $23,, while prominent Investor says Ethereum may surpass BTC market cap: report.
Ethereum bitcoin marketMarket Wrap: Bitcoin Dumps to $K; ETH Affected Ether Locked in DeFi - CoinDesk
After Dec. Sell liquidations are triggered when leveraged long positions start losing a significant portion of the money the buyer posted to place the trade. Open interest, or OI, is loaded up in the bitcoin options market for Dec. The overhang of options expiration and the declining activity in the spot market may be the largest dynamics to watch for the market in the next several weeks.
In November, the amount of ether locked dipped as low as 6. Digital assets on the CoinDesk 20 are mostly red Monday. One notable winner as of UTC p. Slipping 5.
Bitcoin trading on Bitstamp since Dec. Bitcoin volumes on eight major exchanges tracked by the CoinDesk Subscribe to First Mover , our daily newsletter about markets.
Liquidations on BitMEX the past 24 hours. Consider there can only ever be 21 million bitcoin tokens. By contrast, Ether and many others have no ultimate ceiling. Ether has annual mining limits, which keeps new supply somewhat in check. But bitcoin's mining process is even more limited.
Every time there's a transaction on the bitcoin network, decentralized computers process it and the fastest computer is rewarded with new bitcoin tokens. However, every few years the bitcoin reward is cut in half, most recently in May. This means miners are rewarded with 6. Because there's less bitcoin coming into circulation now, the price of bitcoin could go up if demand remains constant. A surprising development this year is new demand is suddenly pouring in from corporate entities. For example, Square just bought over 4, bitcoin tokens.
After considering the issue of supply and demand, here's my cryptocurrency investing thesis: Both bitcoin and Ether have high chances of being used in the future. And their supplies are limited enough to send the value of these tokens higher as demand surges. I believe that applies as much today as it did when I bought bitcoin and Ether in When I bought, I committed to holding for at least five years.
I made that commitment because, with two very speculative investments, I recognize this will likely be a volatile ride and I want to ensure I've given enough time for my thesis to play out. However, because this is speculative, I recognize the value of cryptocurrencies could plummet to zero. Accordingly, I only invested a small amount. And even though it appears my thesis is playing out, I won't consider adding more even as prices rise. Since cryptocurrencies don't have intrinsic value, the risk is simply too asymmetric for me.
If you like the promise of cryptocurrency but don't want the outsized risk, there are other ways to invest in the trend. Specifically, there are stocks benefiting from blockchain technology. This allows you to purchase shares in real businesses generating real revenue from cryptocurrencies, rather than speculating on things outside of your control. Investing Best Accounts. Stock Market Basics. Stock Market. Industries to Invest In.
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