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What Is Gab and Who Owns It? Learn More About the Platform Replacing Parler – Distractify

In January 2021, Donald Trump was permanently banned from Twitter and temporarily banned from Facebook. Now that Amazon has dropped the conservative / alt-right social media platform Parler from its web hosting services, Trump supporters have been forced to congregate elsewhere if they want to continue their "free speech" without moderation. Among the most popular options at the moment is Gab.

But what is Gab, exactly? And who owns it?

To put it simply, Gab is a social media platform. The key difference between Gab and Facebook or Twitter is that, like Parler did, it "champions free speech" meaning there's little to no moderation for posting things that would get you banned by most social media platforms.

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In light of Amazon removing Parler from its cloud hosting service on Jan. 11, the alt-right is seeking another platform with similarly relaxed rules. Which is why Gab has been flooded with activity from both new and existing users.

"We believe that the future of online publishing is decentralized and open," a description on Gab's website reads. "We believe that users of social networks should be able to control their social media experience on their own terms, rather than the terms set down by Big Tech."

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Gab isn't a new social media platform it was actually launched back in 2016. And although there were efforts to shut down Gab in 2018 after it was discovered the suspected gunman in the Pittsburgh synagogue shooting who killed 11 people posted on the service, it has remained up and running.

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If you visit Gab's website, you'll see that much like any other social media platform, you can browse content anonymously. But you'll need to create an account in order to actively participate. Once you do that, the setup is sort of like a mashup of Twitter and Facebook.

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Because of Gab's relaxed rules, conspiracy theories, misinformation, and antisemitism often thrive unchecked and consequently, so do groups like QAnon.

Gab is happy to announce that we will be welcoming all QAnon accounts across our social network, news, and encrypted chat platforms, founder and CEO Andrew Torba wrote in October 2020, when Facebook banned accounts connected to the conspiracy group. ... Members of the QAnon community have been active on Gab for several years. We have never seen any calls for violence, threats, or any other illegal activity from this group of people.

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Gab was created by a man from Scranton, Pa., Andrew Torba, who formerly worked in Silicon Valley. Evidently, he saw the need for the service after reading a (disputed) report that Facebooks trending topics could be biased against conservatives, according to The Washington Post.

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I didnt set out to build a conservative social network by any means. But I felt that it was time for a conservative leader to step up and to provide a forum where anybody can come and speak freely without fear of censorship, Torba told the publication in 2016. Every major communication outlet, every major social network, is run, owned, controlled and operated by progressive leaders, progressive workers in Silicon Valley.

On Jan. 13, Gab tweeted that over the previous four days it had experienced 51 million visits, 91 million page views, and 1.7 million new users.

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Global Cloud Hosting Service Market Overview, Boost Growth, Future Expectations, Key Developments And Forecast Till 2027 | Company1, Company2,…

TheCloud Hosting Service Marketsteadily escalating demand due to improving purchasing power is projected to bode well for the global market.WMRlatest publication, Titled Cloud Hosting Service Market Research Report 2021,offers an insightful take on the drivers and restraints present in the market.Cloud Hosting Service market research reportprovides detailed information on the following aspects:industry size, share, growth, segmentation, manufacturers and progress, main trends, market drivers, challenges, standardization, deployment models, opportunities, strategies, future roadmaps, and Annual forecast till 2027, etc.The report also helps you understand the dynamic structure of the Cloud Hosting Service market by identifying and analyzing market segments.

The worldwide Cloud Hosting Service industry2021 research report has described Forecasted Compound Annual Growth Rate (CAGR) in terms of % value for a specified period, it will clearly help the user to take their decision depending on the futuristic chart including key players in worldwide Cloud Hosting Service Market. The report profiles some of the key players in the global Cloud Hosting Service Market and provides insightful information about the Cloud Hosting Service industry, such as business overview, Cloud Hosting Service Market product segmentation, revenue segmentation, and latest developments.

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Note: The worldwide market reports subscription helps clients understand theongoingmarket trends,identifyopportunities, and make informed decisions through the reports in the Subscription Platform. The Industry reports available in the subscriptionprovidean in-depth analysis of various market topics and enable clients to line up remunerative opportunities. The reportsprovidethe market size & forecast, drivers, challenges, trends, and more.

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This report forecasts revenue growth at the global, regional, and local levels and provides an analysis of the most recent industry trends from 2021 to 2027 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:

Impact of COVID-19:

The industry is mainly driven by increasing financial incentives and regulatory support from governments around the world. The current Cloud Hosting Service market is mainly affected by COVID-19 pandemic. Most projects in China, the United States, Germany, and South Korea have been postponed. These companies are facing short-term operational problems due to supply chain constraints and the inaccessibility of factories due to the COVID-19 outbreak. Due to the pandemic impact in China, Japan, and India, the spread of COVID-19 is expected to severely affect the Asia-Pacific region.

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About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

BY: BJ

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There is huge demand for this one high paying job in South Africa – BusinessTech

Explore Data Science Academy says there is a growing need for data engineering skills as a result of Microsoft and AWSsrecent investment in local data centres and tripling demand for public cloud services between 2017 and 2022.

As a result, the academy has added data engineering to its online training offerings. Payscale estimates that the average salary for a data engineer in South Africa is R441,913, moving up to around R750,000 for a senior role.

The 12-month course, which starts Monday, 18 January, will provide applicants with the specific skill set required to become data engineers a key role in the successful digital transformation of a business.

The use of vast quantities of data by data scientists now requires those with a specialised skill set to organise data and ensure its quality, security and availability to the organisation. These are data engineers, said Shaun Dippnall, CEO at Explore.

According to Dippnall apart from the skill set, there is a shortage of training courses online that offer both the content and practical application of data engineering skills required in the work place. This is particularly true of the South African market.

Course attendees will learn:

To these will be added specific data architecture skills such as:

In the digital world of today data engineering has become a specific job category as the amount of data produced by businesses engaged in digital transformation, increases exponentially, Dippnall said.

Two distinct roles

Todays businesses produce new types of data in vast quantities. While data scientists have traditionally been expected to build the necessary infrastructure and data pipelines to do their work, the volume and speed of data production has resulted in the roles of data scientist and data engineer becoming separate and distinct, he said.

It is now recognized that companies need both data scientists and data engineers in an advanced analytics team. Naturally there is frequent collaboration between the two roles but their skills sets and tools remain different.

Essentially, data engineers design and build pipelines that transform and transport data into a format so that, by the time it reaches the data scientists, it is usable.

These pipelines take data from numerous sources and collect them into a single warehouse that presents the data uniformly as a single source.

Data centre stimulus

The importance of data engineering is underscored by the fact that two of the worlds largest cloud computing hyper scalers Microsoft and Amazon have recently established data centres in South Africa.

Microsoft launched two Azure cloud data centres in South Africa in 2019 to tap into the growing demand for hyperscale cloud infrastructure and services in the region.

While Amazon Web Services (AWS) launched AWS Africa (Cape Town) Region the companys first in Africa in April last year.

According to AWS, the AWS Africa (Cape Town) Region will stimulate innovation across the country.

South African organisations from start-ups to enterprise and the public sector now have infrastructure in their country to leverage advanced technologies such as Analytics, Artificial Intelligence (AI), Database, and Internet of Things (IoT), it said.

Further, the addition of the AWS Africa (Cape Town) Region will enable companies to provide lower latency to end users across Sub-Saharan Africa.

Explosive growth expected

These critical developments by two of the worlds largest corporations underline just how important the data warehousing is in the modern digital environment, said Dippnall.

The Explore data engineering course requires applicants to have a basic analytical background and will involve 10 hours of study a week.

Relevant jobs

We at Explore have always been aware of the need to create jobs for talented and hard-working young South Africans, Dippnall said.

According to research from International Data Corporation, spending on public cloud services in South Africa will nearly triple over five years from 2017 to 2022.

Crucially for us, this study estimates that the exponential adoption of cloud services will generate 112,000 net new jobs in South Africa by the end of 2022, he said.

Read: Teraco begins work on Africas largest data centre

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There is huge demand for this one high paying job in South Africa - BusinessTech

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Crypto Analyst Says Biggest Altcoin Bull Run in History Coming Here Are His Top 5 Picks – The Daily Hodl

A popular crypto trader who made a name for himself by predicting Bitcoins plummet to $4,000 in March of last year says that the biggest altcoin bull run in history is on the horizon.

The crypto strategist known as Capo tells his 37,300 followers that the current correction in the broader crypto markets is designed to shake out weak hands.

They are trying to keep you out of the biggest altcoin bull run in history.

The trader adds that sharp declines have the tendency to discourage retail investors from buying cheap.

Funny how everyone wants a dip to buy cheaper but when the dip comes, thats not enough for them. Pure greed.

As billions of dollars are wiped out in the crypto space due to the correction, Capo says he is extremely bullish on a number of altcoins.

One altcoin on Capos radar is Ethereum (ETH).

The trader believes that the leading smart contract platform is in the midst of a parabolic rally that will catapult ETH to as high as $10,000.

Capo is also looking at Syntropy (NOIA) which he says is also in a strong uptrend that can potentially send the coin to $0.8, representing an increase of 344% from its current price of $0.18.

And another opportunity below $0.20. Clear reaccumulation in my opinion.

Another altcoin on Capos list is Cardano (ADA). He says the fifth-largest crypto asset can surge over 270% if it can take out a key level.

Nothing has changed since the last analysis. Its reaching the first target ($0.36-0.39). Above that level, it goes to $1.

As for Solana (SOL), the trader expects the web-scale blockchain for DApps and marketplaces to rally and breach its all-time high of $4.89.

BuT SuPpLy iS gOinG to iNcreaSe sOon Trade the charts. Ignore the news.

The trader is extremely bullish on Litecoin (LTC) as well. He expects the coin dubbed as the digital silver to soar more than 681% from its current price of $129 after breaking out from a bullish reversal pattern.

Bullish. It has broken a key level with a high timeframe Adam and Eve bottom. It can reach $1,000.

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Altcoin Daily Predicts Ethereum and Five Crypto Assets Will Explode in 2021 – The Daily Hodl

Altcoin Daily host and Bitcoin bull Austin Arnold is pulling back the curtain on his top altcoin picks for 2021.

Arnold tells Altcoin Dailys 332,000 subscribers that Ethereum is number six on his list. The crypto trader says that while the leading smart contract platform is often compared to Bitcoin (BTC), the two projects offer unique use cases.

Ethereum is trying to be something else. It doesnt have a fixed supply. Its not the hardest form of money we have. But think of it as a global super computer where anybody anywhere can build on top of [it] without the permission of a middleman While Bitcoin for the first time in human history gives you the option to be your own bank, Ethereum gives you the option for banking type services like credit and lending without the need for a middle man.

Coming in at number five is decentralized finance (DeFi) lending and borrowing protocol Aave.

Were already seeing massive utility on the protocol. Over $2 billion right now of people depositing their assets, peer-to-peer lending and borrowing without any centralized middleman This could be huge for giving average people financial freedom.

Arnold also notes that Aave plans to expand in Asian markets as it aims to bring DeFi to institutions.

Fourth on Austins list is Polkadot (DOT). The crypto trader says he expects the Ethereum competitor to do well this cycle.

[Polkadot] is aiming to be the internet of blockchains, offering not only interoperability so different blockchains can connect and talk to each other, but also like Ethereum, its own thing, a DApp platform where were seeing an ecosystem grow on Polkadot as well. I expect this ecosystem to get bigger, and bigger, and bigger.

Arnold adds that 63% of DOTs supply is locked up which bodes well for the crypto assets price.

Taking the third spot is Synthetix Network Token (SNX), which is a protocol that allows users to get exposure to assets and commodities like gold and Bitcoin through the use of synthetic tokens. Arnold emphasizes that the protocol is aiming to disrupt the immensely valuable derivatives market.

While Bitcoin, for example, is going after digital gold, the store-of-value market, which roughly right now is valued at $10 trillion, Synthethix is aiming to revolutionize the derivatives market, which right now on the high end is often valued at $1 quadrillion. Huge.

Landing in second place is Cardano (ADA). Arnold says that the seventh-largest crypto asset is poised to be the smart contract platform alternative as Ethereum continues to experience congestion issues.

I think as Ethereum inevitably gets bigger and bigger and as congestion on the network keeps getting higher, Ethereum users and developers, products will spill over into Cardano as a more scalable option.

At the top of Arnolds list is Chainlink (LINK). Arnold highlights the growth of the decentralized oracle networks fundamentals.

The metrics tweeted out by the organization itself, 2020 was a year of record growth for the Chainlink network. Heres an overview of key metrics like our adoption in DeFi, implemented research, and blockchain integrations. There is huge data and partnerships to back up why Chainlink is the most widely-adopted oracle and on-chain data source for cryptocurrency as of right now.

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Altcoins and stocks move higher after Bitcoin price rally to $40,000 – Cointelegraph

The price of Bitcoin (BTC) hit a new all-time high above $40,000 on Jan. 7 after the price increased by more than $5,000 in less than 24-hours.

The $40,000 barrier marks a significant milestone for the top-ranked cryptocurrency. According to Matt Blom, head of global sales trading at EQUOS:

Blom added that instead of trying to "pick the top," investors should just "enjoy the ride."

Shortly after Bitcoin surpassed $40,400, it ran into significant selling pressure that saw its price dip back as low as $36,600 before buyers came back in to take advantage of the quick dip in price.

Bitcoins 24-hour volume has reached a new all-time high of $82.4 billion, and a number of top cryptocurrency exchanges experienced outages and connectivity issues.

Traditional markets also saw positive trading as the results of the United States presidential election now appear to be finalized with Democrats controlling the presidency and both houses of Congress.

The S&P 500, Dow Jones Industrial Average and NASDAQ 100 are all higher on the day, up 1.42%, 0.71% and 2.37%, respectively. The 10-year government bond has also firmly risen back above the 1% mark, trading at $1.076 at the time of writing.

Bitcoins surge above $40,000 increased its dominance rate to 69.1%, but this did not negatively impact altcoin prices. Notable movers of the day included XRP, which has rallied 38.59% to $0.35 over the past 24 hours.

Ether (ETH) price also continued to soar higher, setting a new 2020 high at $1,282as the largest altcoin pursues its $1,400 all-time high.

Other notable performers over the past 24-hours include Nano and Yearn.finance's YFI, which have seen increases of 77.33% and 20.93%, respectively.

While many analysts continue to call for new daily all-time highs from Bitcoin, crypto trader Scott Melker advised caution, and in private comments to Cointelegraph Melker said:

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Crypto Whale Reveals Bitcoin and Ethereum Predictions for 2021, Names 10 Altcoins To Watch – The Daily Hodl

A crypto whale who is quickly building a reputation in the industry after revealing his trove of ERC20 tokens worth hundreds of millions of dollars is now sharing his Bitcoin, Ethereum and altcoin predictions for 2021.

The high-rolling trader known as 0x_b1 says that while Bitcoin will breach the $1 trillion market cap, he expects it to significantly correct before the end of the year.

Bitcoin breaks $55K, but BTC YE2021 close is < $30K. Wins!

As for Ethereum, the high-profile investor expectsthe second-largest cryptocurrency to print new all-time highs (ATH).

0x_b1 is also keeping close tabs on the nascent decentralized finance space. He notes that large financial institutions will dabble in lending and borrowing platforms such as Compound (COMP)

JPMorgan, Citibank, Goldman Sachs begin to spec compoundfinance-like platforms for CBDC, cross-FX, and borrowing/lending.

He also tells his followers that leading yield aggregators such as yearn.finance (YFI), yAxis (YAX), and Harvest Finance (FARM) will become mainstream and set the stage for the entry of retail investors in the world of DeFi.

As for YF Link (YFL), the trader believes it has the potential to more than double its value this year due to the actions of Chainlink (LINK) co-founder Sergey Nazarov.

Sergey Nazarov bequeaths a non-profit Chainlink oracle to YFlinkio for Linkswap $1500/YFL floor is set.

Although 0x_b1 sees a number of DeFi projects doing well this year, he names two protocols that he believes will have a less than stellar 2021.

He says decentralized exchange aggregator 1inch will ascend as the leader of stable coin swaps at the expense of automated market maker Curve Finance (CURVE). He also predicts that Badger, the governance token of Badger DAO, will never go below the $3.00 level. Meanwhile, he thinks Badger DAOs Digg will be used by Bitcoin investors as a hedge against volatility.

BadgerDAOs BADGER never < $3; DIGG becomes AMPL for BTC Maxis.

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Crypto Whale Reveals Bitcoin and Ethereum Predictions for 2021, Names 10 Altcoins To Watch - The Daily Hodl

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Crypto Influencer Gives Top Altcoin Picks to Benefit From Hype Cycle – CryptoGlobe

Popular crypto influencer and trader Tyler Swope has given his list of top 10 altcoin picks that could benefit from a market hype cycle.

Swope, who runs the YouTube channel Chico Crypto, predicted an altcoin hype season was about to begin in a video published January 8.

According to the trader, the layer-two financial product Matic Network (MATIC) has managed to generate $54 million in trading volume since launching in October 2020, drawing significant attention to the platform.

Swope also highlighted the decentralized platform xDai, which uses a stablecoin to execute payments.

He said,

They are decentralized perpetual contracts. Now the mainnet for Perp, it only launched three weeks ago Just in two days, January 4th and 3rd, it did $29 million alone in volume and the rest of the day since launch about $80 million. That is nearly $110 million as of January 4th.

The Chico Crypto host was high on the outlook for PowerPool (CVP) and prediction market platform Omen, which he said both had the potential to compete with larger products in the future.

Swope tabbed Loopring, Starkware and Matter Labs as three protocols using the zk rollup layer-two solution, which is capable of bundling hundreds of transactions into a single transfer.

He called Matter Labs the furthest along of the three in terms of smart contract execution, but noted the project had gone quiet in recent months.

Swope rounded out his top ten hyped altcoins with ethereum-based Optimism, Arbitrum and mainnet platform Fuel Labs.

Featured Image Credit: Photo via Pixabay.com

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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Crypto Trader Says Altcoin Hype Cycle Has Arrived, Lists 10 Projects That Could Blast Off – The Daily Hodl

Crypto influencer and trader Tyler Swope is naming ten under-the-radar projects that have the potential to blast off in the current altcoin hype cycle.

First on Swopes list is blockchain scalability platform Matic Network (MATIC), which he says is hosting a layer-two financial product that is racking up tens of millions of dollars in trading volume.

On Matic, its the number one DApp listed on their website, as we can see its Polymarket. This is prediction markets for real-world events and it went live on Matics layer two Of all the open market on Polymarket, it equals up to about $32 million in trading volume. Of the resolved since its October launch, about $22 million. So about $54 million since launch four months ago.

Number two is xDai, a decentralized platform using a stablecoin to power payments. Swope says xDai is hosting a financial product in Perpetual Protocol which he notes is printing hundreds of millions of dollars in trading volume.

They are decentralized perpetual contracts. Now the mainnet for Perp, it only launched three weeks ago Just in two days, January 4th and 3rd, it did $29 million alone in volume and the rest of the day since launch about $80 million. That is nearly $110 million as of January 4th.

Another project on Swopes radar is PowerPool (CVP). While the protocol for pooling governance tokens made the list, the crypto influencer highlights that PowerPools layer-two integrations are not yet complete.

Fourth is prediction market platform Gnosis which Swope says is building Omen, a product to compete against Matics Polymarket. However, the trader highlights that Omen has a lot of catching up to do.

Its no Polymarket yet. It only has done over $6 million in total volume since its launch.

Swope is also looking at Optimism, a project that aims to execute cheaper and faster transactions on the Ethereum blockchain by using rollups, which is a scaling method that enables Ethereum to keep compressed transactions on-chain while delegating computations such as contract execution off-chain.

Another project that Swope is keeping tabs on is Fuel Labs after the protocol put up their own rollup on the mainnet.

It only supports token transfers and swaps right now, no complex smart contracts, but like Optimism PBC, they say soon for hosting those.

Swope is watching the progress of Arbitrum as well. He says the project is closer to fully implementing rollups than Optimism and Fuel Labs.

The last three projects that Swope is keeping track of are protocols that use zk rollups, which are layer-two solutions that bundle hundreds of transfers in a single transfer while using the zero-knowledge proof approach to record and validate the block on Ethereum. Swope says the leading projects that rely on zk rollups are Loopring, Starkware, and Matter Labs. However, the trader says the protocols are still in development as they lack certain features.

Loopring has been pushing forward on the mainnet with theirs but again its just for token exchanges, and not for the full basket of smart contracts. Then with zk, theres also Starkware which is also going to scale ERC20 as well as NFTs (non-fungible tokens), and ERC721s. They went live with 2.0 StarkEx on December 2nd but this too, isnt for the full basket of smart contracts

But the furthest along with the zk rollup goal of smart contracts is Matter Labs with zksync as they have a testnet and Curve on top of it, launched back in October of last year. But since then, it has been quiet with no word regarding mainnet transfer of Curve yet.

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Ethereum Options Contract Hints At The Altcoin Closing 2021 Over $10K – NewsBTC

Ethereum is nearing its former all-time high of $1,440 set back in 2018 at the peak of the crypto bubble. Those who hed the altcoin throughout the bear market are finally getting the comeback they have been waiting for.

But according to the strike price of a December ETH options contract that just debuted, the cryptocurrency could reach as high as $10,000 per token before the years end.

Ethereum is a polarizing cryptocurrency despite earning its place right behind Bitcoin. As much the crypto community relies on the smart contract-centric platform as a foundation for DeFi and thousands of other tokens, it also is regularly trashed by Bitcoin maximalists.

Dozens of Ethereum killers exist, proving that the rest of the industry is all gunning for the altcoins throne. It is one of the altcoins that was dubbed a double-digit shitcoin by a top crypto executive. That executives opinions might not be very valuable, but thats an entirely different story.

Related Reading | Ethereum Anti-Network Effect Shows DeFi Has Outgrown The Altcoin

Regardless of what the industry thinks, Ethereum acts as the building blocks from some of the most important projects in the crypto world. Most of the DeFi tokens that are popular today are built on Ethereum.

And although Ethereum has been more bullish than Bitcoin has recently, it still suffers from industry participants calling attention to how high ETH fees have risen.

But even with rising ETH gas fees making the network look clunky and costly, the cryptocurrencys price continues to rise. It is now back at $1,200 after hitting double-digit prices in 2020, adding two more digits in less than a years time.

However, according to a newly debuted Ethereum options contract, another digit before the year is over isnt out of the question. Deribit recently revealed the strike price for its Ethereum December 2021 options contract.

Options are a type of derivative product in crypto trading, in addition to futures and CFDs. When the platform revealed Bitcoin options contracts earlier in 2020 that had a strike price over $20,000, the price eventually gravitated there. Will Ethereum do the same?

Related Reading | This Eerie Ethereum Fractal Suggests The Top Is In For Now

Going from $1,000 to $10,000 in a single year doesnt sound possible, but Bitcoin did just that in 2017 and even touched just below $20,000.

Also, according to the chart above, Ethereum would need a 1000+% rise to get there. If youre unsure if that is feasible, look no further than 2020 where the altcoin climbed 1000+% from its Black Thursday low to its December close. How will this coming December close next?

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Ethereum Options Contract Hints At The Altcoin Closing 2021 Over $10K - NewsBTC

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