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Zank.com - Cryptocurrency Exchange | Buy and Sell BTC
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[QUOTE="Zank, post: 44093, member: 3158"] [B]News of the cryptocurrency market:[/B] [IMG type="full"]https://c.radikal.ru/c01/2009/ad/123ab2bc8a02.jpg[/IMG] [I]Bitcoin’s realized capitalization has soared above its 2017 record high[/I] Crypto market data aggregator Glassnode has published data indicating that Bitcoin’s (BTC) realized capitalization has increased by more than 50% since tagging its all-time high of $20,000 at the end of 2017. Bitcoin’s realized cap currently sits at $115 billion — $43 billion more than at the all-time high in 2017. [IMG type="full"]https://a.radikal.ru/a15/2009/c1/a17e348df4f0.png[/IMG] [I]Bears lurk as Bitcoin price is down and $284M in CME BTC options are set to expire on Friday[/I] As of now, the $622 million total open interest for BTC futures expiry on Friday seems quite relevant. This Friday, a total of $100 million in CME Bitcoin (BTC) options are set to expire. 58% of these are call (buy) options, meaning buyers can acquire BTC futures at a fixed price. [IMG type="full"]https://c.radikal.ru/c30/2009/34/63e8937f19f9.png[/IMG] [I]Bloomberg suggests that Bitcoin should be $15,000 according to this adoption metric[/I] Their belief seems to be that Bitcoin is destined to appreciate unless these key indicators reverse themselves. According to the Bloomberg crypto newsletter, a key on-chain indicator suggests that Bitcoin (BTC) is currently greatly undervalued. Bloomberg’s crypto analyst Mike McGlone believes that the recent all-time highs in Bitcoin’s hashrate and more importantly, the 30-day average of active Bitcoin addresses, suggests a $15,000 price level for the asset. [I]Buy and sell bitcoin through [B]Zank[/B] – earn quickly and easily![/I] [/QUOTE]
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