Uncovering the Possibilities of Web3 with Francesco Agosti at 0xpo Crossroads

• Phantom Co-Founder Francesco Agosti spoke on a panel at 0xpo Crossroads in San Francisco on November 3
• The panel focused on the history of Phantom and what Francesco is looking forward to in Web3
• Attendees were able to listen to Francesco discuss his thoughts on the future of the technology industry

On November 3, Francesco Agosti, co-founder of Phantom, made an appearance at 0xpo Crossroads in San Francisco. The event, organized in conjunction with Decrypt, featured a panel and interview that focused on the history of Phantom and the future of Web3.

As one of the minds behind the popular Solana dapp, Francesco was the perfect candidate to discuss the possibilities of Web3 and the advantages of Phantom. He spoke to the audience about the importance of open source projects, the opportunities that Web3 offers, and the potential of blockchain technology.

Francesco went into detail about the history of Phantom and the goals he and his team have in mind. They are focused on creating a platform that is easy to use, transparent, and secure. He also discussed how Phantom is making it easier for developers to create and deploy smart contracts, which can help to reduce the cost and complexity of dapps.

The audience was able to get a better understanding of the technology and the potential it holds for the future. Francesco also spoke about the importance of collaboration in the industry and how it can lead to faster development and adoption. He spoke about the need for companies, developers, users, and investors to work together in order to bring the technology to its full potential.

Overall, the panel was a great opportunity for the audience to learn more about Phantom and the possibilities of Web3. Francesco’s thoughts on the importance of collaboration and openness will no doubt be inspiring to many in the industry. As the technology continues to progress, it will be interesting to see what the future holds and how Phantom will help to shape it.

Crypto Events In October: Snowden, Breitman, and The Crypties Awards

• Edward Snowden spoke at Camp Decrypt about the Ethereum Merge, sanctions on Tornado Cash, and the use of DAOs.
• Kathleen Breitman discussed proof-of-stake systems and NFT gaming at Web Summit.
• Clay Robbins, Soona Amhaz, Sarah Guo, and Alex Strzesniewski discussed raising capital in a bear market at 0xpo Summit, and the Crypties Awards recognized Bored Ape Yacht Club as NFT Project of the Year.

In October, Edward Snowden spoke at Camp Decrypt in Napa, California about a number of topics, including the Ethereum Merge, the sanctioning of Ethereum mixer Tornado Cash by the U.S. government, the privacy shortcomings of Bitcoin and Ethereum, and his view on using DAOs to source tips from whistleblowers. Snowden was candid in his assessment of the situation, noting that while the Ethereum Merge, which is designed to make the protocol more efficient and secure, is a good idea, there are some concerns about the potential for centralization. Regarding the sanctions on Tornado Cash, Snowden expressed his view that the U.S. government was overreaching in its attempts to limit privacy-related activities. He also discussed the privacy shortcomings of Bitcoin and Ethereum, emphasizing the need for privacy-focused protocols and projects. Finally, Snowden spoke about the potential for DAOs to be used to source tips from whistleblowers, noting that this could provide a valuable service in countries with oppressive governments.

Kathleen Breitman, co-founder of Tezos, talked at Web Summit in Lisbon about the Tezos blockchain and the advantages of using a proof-of-stake system. She also expressed her admiration for Tendermint, Ethereum, and sharding, and discussed the concept of progressive decentralization. Lastly, Breitman discussed NFT gaming, noting that it has been gaining traction in the crypto sphere.

Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock joined Decrypt’s Jason Nelson at 0xpo Summit in San Francisco to discuss raising venture money even during a bear market. The panelists discussed their strategies for navigating the current crypto market and the importance of understanding risk and managing expectations.

The inaugural Crypties Awards from Decrypt Studios in Miami honored the best projects in the crypto space. Bored Ape Yacht Club was awarded NFT Project of the Year, with the other nominees in the category being Moonbirds, Azuki, DeGods, and CloneX. Illa Da Producer accepted the Cryptie on behalf of Yuga Labs from presenter Alanna Roazzi-Laforet.

Overall, the events held at Camp Decrypt, Web Summit, 0xpo Summit, and the Crypties Awards provided an interesting and informative look into the current state of the cryptocurrency space. From Edward Snowden’s views on the Ethereum Merge to the strategies discussed by venture capitalists, it was a great opportunity to learn more about the opportunities and challenges facing the industry.

Crypto Creatives: Raising Money, Winning Awards and Telling Stories

• Jason Michael Primrose, Amanda Terry, Artemysia-X, and Kas Vegas discussed how to use NFTs for storytelling at Camp Decrypt 2022.
• Kathleen Breitman talked about Tezos‘ proof-of-stake mechanism at Web Summit in Lisbon.
• Clay Robbins, Soona Amhaz, Sarah Guo, and Alex Strzesniewski discussed raising venture money during Crypto Winter at 0xpo Summit, and Bored Ape Yacht Club won NFT Project of the Year at the inaugural Crypties Awards.

At Camp Decrypt, a lively panel was held moderated by What’s Trending podcast host Shira Lazar, featuring Jason Michael Primrose, author of „Lost Children of Andromeda“; Amanda Terry of Metagood and ACTAI Ventures; Artemysia-X of Rug Radio program LorePlay; and Kas Vegas of NFT INT, Huxley, and Feature.io. The panel discussed how their work utilizes NFTs for storytelling.

At Web Summit in Lisbon, Tezos co-founder Kathleen Breitman spoke about the Tezos blockchain, which has utilized a proof-of-stake mechanism since its inception. She also discussed her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming.

At 0xpo Summit in San Francisco, Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock joined Decrypt’s Jason Nelson for an extensive panel on raising venture money even during Crypto Winter.

Finally, at the inaugural Crypties Awards from Decrypt Studios in Miami, Bored Ape Yacht Club won NFT Project of the Year. Illa Da Producer accepted the Cryptie on behalf of Yuga Labs from presenter Alanna Roazzi-Laforet, while the other nominees in the category were Moonbirds, Azuki, DeGods, and CloneX.

Raising Venture Money in Crypto Winter: Talks at Camp Decrypt, Web Summit & 0xpo Summit

• Edward Snowden talked about the Ethereum merge, sanctions of Ethereum mixer Tornado Cash by the U.S. government, privacy shortcomings of Bitcoin and Ethereum, and DAOs at Camp Decrypt in October.
• Tezos co-founder Kathleen Breitman discussed Tezos‘ proof-of-stake mechanism, Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming at Web Summit in Lisbon.
• Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock discussed raising venture money even during Crypto Winter at 0xpo Summit in San Francisco.

In October, Edward Snowden spoke at Camp Decrypt in Napa CA, giving his candid views on the Ethereum merge, the sanctioning of Ethereum mixer Tornado Cash by the U.S. government, the privacy shortcomings of Bitcoin and Ethereum, and his view on using DAOs to source tips from whistleblowers. He highlighted the importance of protecting privacy and making sure that transactions are secure and untraceable, and discussed the implications of the recent sanctions against Tornado Cash.

At Web Summit in Lisbon, Tezos co-founder Kathleen Breitman talked about how the Tezos blockchain has used a proof-of-stake mechanism since its inception. She praised Tendermint, Ethereum and sharding, and discussed the concept of progressive decentralization and how it could be applied to NFT gaming.

Finally, at 0xpo Summit in San Francisco, Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock joined for an extensive panel on raising venture money even during Crypto Winter. They discussed the current market conditions, the changing landscape of venture capital, and the importance of being patient and diversifying investments in order to be successful.

Overall, the talks and discussions at Camp Decrypt, Web Summit, and 0xpo Summit highlighted the progress that the blockchain and cryptocurrency industry has made in terms of privacy, security, and scalability, as well as the importance of investing wisely and strategically in order to be successful.

New Landscape for NFT Drops: Insights from Crypto Leaders

Bullet Points:
1. An overview of the new landscape for NFT drops, featuring insights from Toni Thai Sterrett of Bad Grrls Creative Club, Jordan Garbis of BeetsDAO, and Eric Feng of NFT block explorer.
2. A discussion of how Tezos was ahead of the proof-of-stake merge, featuring Kathleen Breitman of Tezos at Web Summit in Lisbon.
3. A panel on raising venture money during Crypto Winter, featuring Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction, and Alex Strzesniewski of AngelBlock at 0xpo Summit in San Francisco.

Article:
The future of Non-Fungible Tokens (NFTs) has been uncertain in recent months, with a crypto bear market and declining sales volumes. Despite the uncertainty, there is an ever-growing landscape for NFT drops, and the key players in this space have been working to create a roadmap for success in this new market. At Camp Decrypt in Napa, Toni Thai Sterrett of Bad Grrls Creative Club, Jordan Garbis of BeetsDAO, and Eric Feng of NFT block explorer discussed the new landscape for NFT drops with Decrypt’s Kate Irwin.

The panelists discussed the importance of understanding the needs of community members and collectors. They stressed the need to create a platform that is accessible and inclusive to all, with an emphasis on building a strong foundation of trust between artists, collectors, and the crypto community. They also highlighted the need to create a well-defined roadmap for creating successful NFT drops, with clear steps and expectations.

At Web Summit in Lisbon, Tezos co-founder Kathleen Breitman talked with Decrypt’s Stephen Graves about the importance of proof-of-stake mechanisms in the Tezos blockchain. She discussed her admiration for Tendermint, Ethereum and sharding, as well as the increasing need for progressive decentralization. Breitman also highlighted the potential for NFT gaming, and how Tezos has been ahead of the game in this regard.

Finally, at 0xpo Summit in San Francisco, a panel of venture capitalists discussed the topic of raising money even during Crypto Winter. This included Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock, who were joined by Decrypt’s Jason Nelson. The panelists discussed the importance of understanding the current market conditions, as well as the challenges and opportunities associated with raising money in a bear market.

Overall, the new landscape for NFT drops is an exciting one, and the key players in this space are working hard to create a successful roadmap that will benefit everyone involved. From Tezos’ proof-of-stake merge to the challenges and opportunities of raising venture money in a bear market, the future of NFTs looks bright.

Article (rewritten):
With the bear market of crypto and the decline in Non-Fungible Token (NFT) sales, many have wondered what the roadmap for new NFT collections looks like. At Camp Decrypt in Napa, Toni Thai Sterrett of Bad Grrls Creative Club, Jordan Garbis of BeetsDAO, and Eric Feng of NFT block explorer convened with Decrypt’s Kate Irwin to discuss the new landscape for NFT drops.

The panelists agreed that it is important to create a platform that is accessible and inclusive to all, with a strong foundation of trust between artists, collectors, and the crypto community. They also highlighted the need to create a well-defined roadmap for creating successful NFT drops, with clear steps and expectations.

At Web Summit in Lisbon, Tezos co-founder Kathleen Breitman spoke with Decrypt’s Stephen Graves about the implementation of a proof-of-stake mechanism in the Tezos blockchain. Breitman discussed her admiration for Tendermint, Ethereum and sharding, as well as the increasing need for progressive decentralization. She also highlighted the potential for NFT gaming, and how Tezos has been ahead of the game in this regard.

Finally, at 0xpo Summit in San Francisco, a panel of venture capitalists discussed the topic of raising money even during Crypto Winter. This included Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock, who were joined by Decrypt’s Jason Nelson. The panelists discussed understanding the current market conditions, as well as the challenges and opportunities associated with raising money in a bear market.

The new landscape for NFT drops holds great potential, and the key players in the space are working hard to create a successful roadmap that will benefit everyone involved. From Tezos’ proof-of-stake merge to the challenges and opportunities of raising venture money in a bear market, the future of NFTs is looking brighter every day.

Friday Bounce Brings Bitcoin Back On Track

Market Overview: Friday Bounce Brings Bitcoin Back On Track – Altcoins Bullish Too

Friday brought relief to the market as Bitcoin rallied over 4%. The bullish sentiment also brought gains for altcoins, which also enjoyed big gains.

After a turbulent week for the crypto market, things finally seemed to turn around on Friday. Thursday’s massive sell-off was greeted with green across the board on Friday.

Whether Bitcoin (to buy Bitcoin at eToro guide) or the Bitcoin Revolution majority of altcoins, all gained on Friday. Friday will be the first day in a week that Bitcoin could close bullish; after the last six days all ended with Bitcoin heading south.

Bitcoin’s price is currently resting around $54,900.

Big alts bounce with bitcoin

Unsurprisingly, along with Bitcoin’s rally on Friday, the rest of the market saw similar gains. The top 10 recovered somewhat after heavy losses on Thursday.

The most notable gainer on Friday was Cardano, up 9%, even overtaking Binance Coin. Theta Network was the only major coin to see red on Friday.

Not surprising as the project is up over 44% in the last 7 days.

Top 100: Biggest winners and losers

Friday was a welcome relief for the Top 100, the biggest loser on the day was indeed Theta Network (THETA). Its 2% price decline made it the worst performing asset in the Top 100, with only two other projects seeing red numbers.

The list of top gainers, on the other hand, was far more impressive. ANKR topped the list with a massive 42.8% price increase, while BTMX was close behind with a 38.3% price increase.

Total market capitalisation rises

The rise in prices across the board saw total market capitalisation rise by over 5% on Friday. While still off the high at $1.81 trillion, the market cap recovered from $1.5 trillion to over 1.65 trillion after the bullish day.

While bitcoin and altcoins seem to be climbing together, altcoins may soon be in the spotlight. This is due to the decline in Bitcoin dominance, which now stands at 60.73%.

Elon Musk zgadza się, że Bitcoin Cash ma pewne przewagi nad Bitcoinem

Elon Musk, który ogłosił, że Bitcoin jest teraz w porządku, aby zapłacić za samochody Tesla, zgadza się, że w jeden szczególny sposób Bitcoin Cash jest lepszy niż Bitcoin – mediana opłaty transakcyjnej.

W środę, 24 marca, Tesla zapisała się w historii społeczności kryptowalutowej, gdy ogłosiła, że teraz akceptuje Bitcoin jako płatność za swoje samochody z najwyższej półki.

Teraz jednak Kim Dotcom próbuje przekonać najbogatszego człowieka na świecie, że Bitcoin Cash jest znacznie bardziej sprawiedliwą transakcją, jeśli chodzi o płatności.

Elon Musk zgadza się, że BCH oferuje niższe opłaty niż BTC

Kim Dotcom, niemiecko-fiński przedsiębiorca i aktywista polityczny (znany również jako Kimble lub Kim Tim Jim Vestor), skomentował środowy tweet Muska o otwarciu opcji płatności Bitcoin na stronie Tesli.

Dotcom zwrócił uwagę, że medianowe opłaty transakcyjne są znacznie tańsze, jeśli płacisz w Bitcoin Cash, a nie Bitcoin i zasugerował, że Musk powinien kupić sodę za BTC. Kim Dotcom stwierdził, że BCH służy masowemu rynkowi, w przeciwieństwie do Bitcoina, który jest tylko dla górnego jednego procenta.

Musk zgodził się z tym, co powiedział przedsiębiorca. Samson Mow, CSO Blockstream, przypomniał im obu, że płatności Bitcoinem poprzez sieć Lightning lub Liquid Network mogą pomóc w tym przypadku.

Bitcoin pogrąża się pomimo zapowiedzi Tesli

Co ciekawe, pomimo wczorajszej zapowiedzi Muska na temat Bitcoina i Tesli, kurs BTC nie spełnił byczych oczekiwań. Po wzroście o około 3 tysiące dolarów (ze strefy 54 tysięcy dolarów do nieco ponad 57 tysięcy dolarów), flagowa kryptowaluta pogrążyła się w nocy w okolice 52,5 tysiąca dolarów.

Na początku tego roku Elon Musk ogłosił, że stał się zwolennikiem Bitcoina i że Tesla przeznaczyła na Bitcoina aż 1,5 miliarda dolarów. Teraz, gdy firma akceptuje BTC jako płatności, zamierza również trzymać otrzymane BTC i nie konwertować ich na fiat.

Peter Schiff ostrzega przed kupowaniem Tesli za BTC

Peter Schiff, który nie znosi Bitcoina, postanowił skomentować na Twitterze kolejny krok Tesli w stronę Bitcoina.

CEO Euro Pacific Capital i złota pluskwa, Schiff zatweetował, że w przypadku, gdy Bitcoin się pogrąża, zwrot dokonany przez Teslę w Bitcoin będzie niższy niż w USD – ostateczny rachunek sprzedaży, według niego.

Predicción del precio de Bitcoin: BTC a $30000, analista

La predicción de precios de Bitcoin espera una caída al nivel de 32.000 dólares.

La fuerte resistencia se encuentra en la marca de los $37500.
El soporte fuerte se encuentra en los 35.500$.

El rey de las criptodivisas decepcionó a los operadores porque no pudo romper el máximo histórico de 42.000 dólares. El rey, a partir de ahora, se está moviendo cuesta abajo. Bitcoin alcanzó un máximo en el gráfico de 24 horas de 39.840$ justo al principio del día, pero solo para bajar al mínimo de 24 horas de 34.400$. Después de ganar algo de impulso, el rey encontró estabilidad en el rango de los 36.000 dólares. En el momento de escribir este artículo, Bitcoin estaba en 36.743 dólares.

El precio de Bitcoin

El mercado de Bitcoin está en alza. Del total de indicadores técnicos, 14 están parados en la compra, mientras que nueve indicaciones son neutrales con cinco indicaciones de venta. Del total de indicadores del oscilador, la mayoría son neutrales, con una indicación de venta y dos de compra en el momento de escribir este artículo. De los 17 promedios móviles, 12 están dando indicaciones de compra con cuatro indicaciones de venta y una neutral.

En su predicción del precio de Bitcoin, el analista Alan Masters afirma que los osos han ganado para el rey de las criptodivisas, ya que Bitcoin se mueve hacia abajo para establecer máximos menores.

Después de unos días del retroceso, la cripto-moneda comenzó a ganar impulso, y los analistas tenían esperanzas; sin embargo, parece que el rey ha decepcionado a todo el mundo. El analista cree que el precio de Bitcoin es seguir el movimiento bajista y dar una zambullida. El índice de fuerza relativa (RSI) y la divergencia de convergencia media móvil (MACD) están tendiendo a la baja, alimentando aún más el impulso bajista.

Masters cree que Bitcoin se enfrenta a una línea de resistencia descendente, que empujará a Bitcoin más abajo. Bitcoin probó previamente la EMA-21 antes de subir estableciendo un máximo bajo; según el analista, esto significa que Bitcoin probará ahora la siguiente media móvil exponencial (EMA) como soporte, que es la EMA-50 (en rosa oscuro). El próximo precio objetivo de la criptodivisa puede ser de 27.795 dólares, que se encuentra en el EMA-50. Los niveles de retroceso de Fibonacci de 0,382 (32.151 dólares) seguidos de 0,5 (29.109 dólares) y 0,618 (26.066) también actuarán como fuertes niveles de soporte. Sin embargo, el analista añade que si el precio de Bitcoin cierra por encima de los 36180 dólares, el análisis queda invalidado.

El analista Polar Husk ha descubierto que la criptodivisa se ha salido de la línea de tendencia ascendente con una vela bajista en su predicción del precio de Bitcoin.

Según el analista, el nivel de Fibonacci de 0,786, que se encuentra en paralelo al nivel de precios de $39500, es un fuerte punto de resistencia de Bitcoin. Este rechazo causó que los comerciantes entraran en pánico y vendieran.

Sin embargo, el nivel de precios de 34.000 dólares se ha establecido como un fuerte apoyo con la confluencia del 100MA. El analista afirma que este es un momento crucial para que las presiones alcistas dominen porque si el impulso bajista continúa, el precio de Bitcoin puede volver a caer hasta el nivel de 31.000 a 32.000 dólares.

El analista Mahtab Sh ha identificado una formación de canal ascendente en su predicción del precio de Bitcoin. El analista no tiene esperanzas en el futuro de la criptodivisa, ya que parece probable que se produzca una ruptura a la baja. El analista cree que si Bitcoin es rechazado por el límite superior del canal, entonces es probable que estalle en un segundo canal inferior.

Gold price „will suffer because of Bitcoin“ according to JP Morgan’s strategists

According to JP Morgan’s strategists, the price of gold is being undermined by Bitcoin.

Inflows into crypto funds and outflows of gold suggest a change in investor sentiment towards the emerging asset class.

JPMorgan is the latest in a series of major financial institutions to be optimistic about the BTC.

The Trust Project is an international consortium of media organizations based on transparency standards.

Strategists at JPMorgan Chase & Co. believe that Bitcoin will continue to eat away at the gold market in the years to come.

The increased interest in crypt funds appears to be coming at the expense of gold.
Investors are increasingly choosing BTC rather than the precious metal.

The recent increases in the price of cryptomoney seem to be due to diversification away from gold. Strategists at JPMorgan Chase & Co. believe the trend may continue as interest in this emerging asset class increases.

JPMorgan says #Gold will suffer for years because of #Bitcoin. The bank says investors‘ adoption of Bitcoin is just beginning. Gold ETFs are losing liquidity while Bitcoin funds are absorbing these flows.

Having served as currency for thousands of years, gold is already a well-established asset. Institutional investors, on the other hand, are just beginning to open up to digital currency, the famous crypto.

Quoted by Bloomberg, JPMorgan strategists have written that the adoption of BTC by institutions „is just beginning“. The investment bank calculated that large asset managers currently hold only 0.18% of their assets in crypto-currency.

For their part, gold ETFs account for 3.3% of the allocations of these asset management organizations. If the trend to switch from gold to Bitcoin continues, there seems to be plenty of room for the BTC, as the precious metal will probably no longer be in vogue.

The bank noted that investors have invested more than $2 billion in the Grayscale Bitcoin Trust since October. In contrast, about $7 billion has exited gold ETFs over the same period.

However, the strategists also noted that the cryptomoney market may have exhausted its short-term momentum. Conversely, the declining price of gold appears to be recovering somewhat.

The concept of „digital gold“ is gaining strength

This year, several influential financial institutions have welcomed Bitcoin as a legitimate part of a portfolio. In addition to JPMorgan’s turnaround of the BTC, Black Rock, Deutsche Bank, Goldman Sachs and Citibank have all expressed varying degrees of interest in digital currency.

Many of these recent converts believe that Bitcoin, with its limited offering, represents the equivalent of digital gold. Indeed, it is the scarcity of traditional assets that makes gold attractive as a safe haven.

Usually, these safe haven stocks do well in times of economic stress. The fiscal measures introduced following the coronavirus pandemic have shaken confidence in fiat currencies, encouraging investments to opt for harder forms of money.

The macroeconomic context already seems to have been beneficial for these two assets. Despite the recent declines, gold and Bitcoin are up by more than 21% and 155% respectively since the beginning of the year.

MicroStrategy CEO: „Bitcoin is like LeBron James“

MicroStrategy CEO Michael Saylor compares the development of Bitcoin with that of basketball star LeBron James.

In an interview with the German financial expert and non-fiction author Marc Friedrich, MicroStrategy boss Michael Saylor emphasized that the criticism of Bitcoin ( BTC ), which was still valid in 2015 and 2017, is no longer applicable.

Like LeBron James

Since 2017, Bitcoin has made significant progress in terms of infrastructure, fundamentals, and adoption. In addition, and probably for this reason, more and more institutional investors have invested in BTC this year as a store of value and a means of protecting against inflation.

While 2017 was still cited as a major criticism that the crypto currency would fluctuate too much and could possibly fall to zero, Saylor sees the development over the last three years as a sufficient counter-argument that lets this criticism fizzle out.

The MicroStrategy boss symbolizes this with the aid of the successful basketball player LeBron James, who is repeatedly traded as the heir to the throne of the legendary Michael Jordan

As Saylor points out in his analogy, even James, despite great talent, would have had to go through a maturation process before success could be achieved:

“I also find it important to address the concerns and concerns of those in the crypto community who fear that Bitcoin is too risky, too volatile, or even going to zero. These people are still living in 2012, 2015 or 2017. I answer them with this example: LeBron James played basketball between the ages of 9 and 18, and although he was very talented at the time, he was erratic and inconsistent. When he grew up, he destroyed every one of his opponents between the ages of 18 and 28. “

One of the most important developments Bitcoin has made since 2017 is the significant expansion of the market. While three years ago crypto trading platforms like BitMEX, which specialize in private investors, dominated the derivatives trading market alone, the picture is now different.

As Cointelegraph reported , the large options exchange Chicago Mercantile Exchange (CME), which targets institutional investors, now has a trading volume similar to that of crypto trading platforms for private investors. For example, the CME Bitcoin Futures recorded open interest of $ 1.14 billion on December 4th, which is higher than Binance Futures, Bybit, Huobi and BitMEX.

The on-chain data also shows that more and more large transactions are being made on the Bitcoin blockchain, which is further evidence of the increased interest of institutional investors.

According to IntoTheBlock, the number of transactions valued at more than $ 100,000 has doubled in the past two years. From this, the crypto market researchers conclude that institutions are becoming increasingly active.