Venture capital investor and former Coinbase CTO, Balaji Srinivasan, has made a bold bet on Bitcoin, predicting that the cryptocurrency will reach $1 million in value in the next 90 days.
Coinbase Co-founder and CEO Brian Armstrong published a post in which he predicted the development of the cryptocurrency industry for the next ten years.
Researchers at LongHash found that the highest volatility in cryptocurrency markets is at 1 am UTC. To conduct the study, analysts used data from the Coinbase exchange, calculating the number of daily peaks and lows in each hour and comparing with the indicators for the rest of the hours of the day.
According to a study conducted by the Value Walk news website, 46.7% of users prefer to invest in Bitcoin, rather than other cryptocurrencies.
As part of the survey, respondents were asked a few questions. When answering the question "What is your favorite coin?" 46.7% chose Bitcoin, 31.4% - Ethereum, and 21% - Ripple.