Today’s central theme in the crypto community has been how long Bitcoin has been above $ 10,000. The reason is because of what this could imply about the future of the crypto leader.
We all want to read the future of Bitcoin
The truth is that Bitcoin has taught us on several occasions that we should not rely too much on predictions and, less, on the fulfillment of patterns. However, that doesn’t stop us from getting excited.
Two days ago a user on Twitter, Julio Moreo, made the crypto community realize that Bitcoin is close to 100 days above USD 10,000. But what does it mean? And why is it relevant?
It turns out that Julio Moreno found a trend pattern in Bitcoin; It seems that after having more than 100 days above a key level, the leading crypto is moving quickly until it reaches another high.
In this sense, the Twitter user points to some examples; Among them, after staying above $ 10 for 100 days, it took Bitcoin just 122 days to reach $ 100.
Thus Bitcoin has managed to meet the longest period in its history above USD 10,000.
Likewise, The TIE noted in its newsletter that: The second longest period was in December 2017, when BTC topped $ 10,000 for the first time, just days before it surged 79% to set its all-time high of $ 20,000.«.
Who wins the US elections?
It must be around Halloween that everyone in the crypto market wants to look at our crystal ball and predict the future.
Poloniex has included two ERC20 tokens called TRUMPWIN and TRUMPLOSE, which can be exchanged in FTX for 1 or 0 USD, depending on the result of the United States elections.
And for now, it appears that crypto users are more optimistic about Joe Biden’s victory.
The Huawei Mate 40 incorporates a wallet for the digital Yuan
Huawei’s new smartphone, the Huawei Mate 40, incorporated a wallet for China’s digital yuan.
According to informed, offers hardware security and anonymity; You can also carry out transactions offline.
What is Harvest Finance’s crypto plan to recover the stolen millions?
Harvest Finance has increased his $ 1 million reward for finding the crypto hacker who took around $ 34 million from his users over the past weekend.
This is the third time that the protocol decides to increase the reward since, previously, it has not been successful. At the moment, this seems to be the only plan.
Crypto effort by a CBDC
According to Reuters, Tiff Macklem, governor of the Bank of Canada said yesterday that the bank has plans to work with the G7 to launch a central bank digital currency (CBDC).
“If another country has one and we don’t, that could certainly create some problems. So we want to make sure we are ready. “, said.
In a few lines …
- Verizon ad a Blockchain-based solution to record your press releases.
- The crypto Latino community will meet at the Blockchain Summit Latam in a completely digital format.
- The police seized more than 2,500 cryptocurrencies, specifically Bitcoin, in the hands of a Dutch couple.