Trump Tops Harris On Polymarket; Tron, Cardano in Green as Bitcoin Sinks
Traders said that bitcoin would need to break above the $61,000 level and stay above it if sentiment were to change among market participants.
Traders said that bitcoin would need to break above the $61,000 level and stay above it if sentiment were to change among market participants.
The ability to raise debt or equity in the world’s deepest capital markets is a large advantage, the report said.
The latest price moves in crypto markets in context for Aug. 16, 2024.
Other exchanges have also withdrawn their applications, but some have re-filed.
Last October’s publication of the “BitVM” paradigm inspired a wave of projects aiming to build layer-2 networks and protocols secured by the largest and oldest blockchain. The latest version brings efficiency gains and overcomes critical shortcomings.
During times of uncertainty, the increased availability and accessibility of an investor’s portfolio can lead to reduced volatility and panic across all asset classes, including crypto-native tokens.
Blockchain has gone even more ridiculous than usual over the past week, with headlines focused on Trump-themed memecoins and the Solana-based launchpad Pump.fun. PLUS: Ethereum developers tee up revamp of the EVM programming environment.
GSR’s Brian Rudick discusses the recent market meltdown, how towering bull tenets and fading risks could propel Bitcoin to $1m, and why the recent taban is a gift, all combining to make cryptocurrency’s risk-reward its most compelling in years.
Such expansion comes despite a recent drop in bitcoin (BTC) prices, indicating positive sentiment among miners after a bout of selling in the past few months.
Market sentiment suggests that a Trump election victory would be bullish for crypto and a Harris win would be bearish, the report said.