{"id":19534,"date":"2021-12-15T08:40:00","date_gmt":"2021-12-15T08:40:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/12\/15\/new-perspectives-in-crypto-amid-the-btc-bull-market-according-to-octafx\/"},"modified":"2021-12-15T08:40:00","modified_gmt":"2021-12-15T08:40:00","slug":"new-perspectives-in-crypto-amid-the-btc-bull-market-according-to-octafx","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/12\/15\/new-perspectives-in-crypto-amid-the-btc-bull-market-according-to-octafx\/","title":{"rendered":"New perspectives in crypto amid the BTC bull market according to OctaFX"},"content":{"rendered":"

\n<\/p>\n

\n

KUALA LUMPUR, MALAYSIA –\u00a0Media
\nOutReach<\/a>\u00a0– 15 December 2021 –\u00a0Much speculation has been uttered about the
\nexpiration date of the current crypto bull market, driven by bitcoin.
\nInternational Forex broker OctaFX<\/a>
\nsummarises what has happened so far and highlights the fresh innovations to pay
\nattention to.<\/p>\n

<\/p>\n

\u00a0<\/b><\/p>\n

Firstly, let’s ascertain the state
\nof the market with some basic, recent statistics. The date 10 November 2021
\nstands out. That’s when the first cryptocurrency in the world reached its
\nhistoric all-time high so far: 69,000 USD. <\/p>\n

In the course of the
\nfollowing month, the price steeply moved down to about 46,500 USD on 4
\nDecember\u2014a correction of over 32 per cent. As of this writing, BTC hovers
\nslightly above 48,800 USD.<\/p>\n

\u00a0<\/p>\n

But according to measured social
\nmedia sentiment, everything still is on track for a further uptrend. Although,
\nthis can be an indicator for the possibility of the opposite, at least
\nshort-term. Therefore, before the general uptrend visibly resumes, another leg
\ndown from here wouldn’t shock the more experienced observers and participants
\nof the cryptosphere.<\/p>\n

\u00a0<\/p>\n

In addition, a combined expert
\nopinion paints a rather bullish midterm outlook on the next few months and
\nfurther into 2022. Some seasoned influencers speculate about a definitive
\nbitcoin all-time high peaking at around 100,000-150,000 USD before the current
\ncycle would cease and pave the way for the bears.<\/p>\n

\u00a0<\/p>\n

In October, Mark Zuckerberg
\nannounced renaming his famous social media monolith Facebook Inc. into ‘Meta
\nInc.’, thereby paving the way for the so-called ‘Metaverse’. South Korea
\nappears to be by far the first country to launch the adoption of this new
\nblockchain-driven digital sphere on a massive scale. Any crypto projects
\nassociated with the ‘Metaverse’, especially video gaming tokens, are worth
\nbeing researched for potential investment opportunities, as they might bring
\nconsiderable returns. <\/p>\n

\u00a0<\/p>\n

The OctaFX team takes the opportunity
\nto contribute to this unique period of new investments and favourable trading
\ncircumstances by reminding the community of its constantly evolving crypto
\noffers this year.<\/p>\n

As of this writing, the fintech
\ncompany has five cryptocurrencies, all paired with the U.S. dollar as the quote
\ncurrency, listed in its trading pool.<\/p>\n

\u25cf\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
\nBTCUSD
\n(Bitcoin vs U.S. dollar)<\/p>\n

\u25cf\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
\nETHUSD
\n(Ethereum vs U.S. dollar)<\/p>\n

\u25cf\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
\nBCHUSD
\n(Bitcoin Cash vs U.S. dollar)<\/p>\n

\u25cf\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
\nLTCUSD
\n(Litecoin vs U.S. dollar)<\/p>\n

\u25cf\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
\nXRPUSD
\n(Ripple vs U.S. dollar)<\/p>\n

\u00a0<\/p>\n

The broker maintains competitive
\nleverage with a ratio of 1:25. <\/p>\n

\u00a0<\/p>\n

Clients can make deposits in
\nbitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), and the U.S.
\ndollar stablecoin called Tether (USDT). The latter can be deposited as an
\nERC-20 and TRC-20 token\u2014meaning, a client can use the Tron or the Ethereum
\nnetwork for their deposits.<\/p>\n

OctaFX plans to enable trading
\ncryptocurrencies on the weekends, which the company could implement as soon as
\nJanuary, possibly February 2022. In the first quarter of 2022, new crypto
\nassets will join the trading pool.<\/p>\n

\u00a0<\/p>\n<\/p><\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

KUALA LUMPUR, MALAYSIA –\u00a0Media OutReach\u00a0– 15 December 2021 –\u00a0Much speculation has been uttered about the expiration date of the current crypto bull market, driven by bitcoin. International Forex broker OctaFX summarises what has happened so far and highlights the fresh innovations to pay attention to. \u00a0 Firstly, let’s ascertain the state of the market with …<\/p>\n","protected":false},"author":1,"featured_media":19535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19534"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=19534"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/19535"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=19534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=19534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=19534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}