The futures price of Hamster Kombat, a popular electronic trading asset, has experienced a significant drop in recent trading sessions. Market analysts have pointed to a combination of factors contributing to the sudden decline, which has sparked discussions among investors and traders about the future of this highly volatile asset.
Hamster Kombat has been a favorite among speculative traders, known for its rapid price fluctuations and high trading volumes. The recent decline in its futures price marks a notable shift in the market sentiment, which had previously seen a bullish trend in this asset class. The drop has been attributed to a mixture of broader market adjustments and specific developments within the trading environment.
One of the primary factors influencing the price drop is the ongoing recalibration of the electronic trading ecosystem. Market participants have been adjusting their positions in response to changes in liquidity and market-making activities, leading to increased volatility. The shift in trading volumes, along with heightened scrutiny from regulatory bodies, has also played a role in the downward pressure on Hamster Kombat futures.
Additionally, the asset’s price has been influenced by technical factors, including changes in trading algorithms and the recalibration of risk models by major market participants. These adjustments have resulted in a re-evaluation of the asset’s risk profile, prompting some traders to reduce their exposure.
As the market continues to react to these developments, the future of Hamster Kombat futures remains uncertain. Traders and analysts will be closely monitoring the situation to gauge whether this price drop represents a short-term fluctuation or a more prolonged trend.
You Might also like
-
ANTHONY POMPLINAO SAYS BITCOIN TARGETING 5K BY END OF 2021!! BTC WILL SOAR 10-20X THIS BULL RUN!!
➡️ Leverage OPM (Other People’s Money): http://100.cryptonewsalerts.net
Bitcoin bull and Morgan Creek Digital Assets co-founder Anthony Pompliano is mapping out why he believes BTC could reach $225,000 in just over a year.
In his latest letter to investors, Pompliano unveils the macro factors that may serve as tailwinds for the next Bitcoin bull market.
“The Federal Reserve has cut interest rates to 0%. They plan to keep us in a zero-rate environment for the foreseeable future. Multiple stimulus packages in 2020 now total more than $3 trillion in QE. We have another $2 trillion on the way…
The combination of the Fed’s asset price manipulation and inflation fears has driven gold and Bitcoin to drastically outperform equities and other commodities.”
The Bitcoin advocate also highlights that Wall Street has “woken up to the Bitcoin trade,” which Pompliano says has increased demand for BTC.
“We are also seeing a new trend emerge where corporations are using Bitcoin as a reserve asset for part or majority of their treasury. It started with publicly traded digital asset focused firms like Galaxy Digital and others.
Then we saw MicroStrategy ($1.2B+ market cap on NASDAQ) put 85% of their $500M balance sheet ($425M) into Bitcoin. And most recently, financial technology company Square announced that it had purchased about $50M of Bitcoin for their balance sheet (approximately 1% of assets).”
As the demand outlook for BTC remains strong, says Pompliano, he shifts his focus to the supply side of the equation.
He refers to the most recent Bitcoin halving, which reduced the number of new BTC entering circulation from 1,800 to 900 per day.
“Historically, these supply shocks have led to significant price increases of 20X+ in the following 18 months post-halving.”
In addition to the increasing demand and decreasing BTC supply, Pompliano highlights a key factor that he says solidifies the bullish argument for Bitcoin – the fact that more than 60% of all mined BTC has not switched hands in more than a year.
Pompliano says this shows investors are refusing to sell despite several major moves to the downside in 2020.
With his investment thesis in place, Pompliano predicts that Bitcoin could touch $225,000 by the end of 2021.
“Many investors will look at the historical price increase of the digital asset and believe they ‘missed it.’ That couldn’t be further from the truth in my opinion. I believe we are at the start of another boom cycle in Bitcoin, which is likely to drive us 10-20x higher in the 15-month window.”
In other trending Bitcoin News today:
‘Still So Early’ – 7% Of Americans Have Bought Bitcoin, Study Finds
According to new data from Statista, only 7% of Americans have previously used Bitcoin (BTC).
This means current investors in BTC are still in an early stage of growth. Dan Tapiero, the co-founder of 10T Holdings, said Bitcoin is still at the “birth” phase of a new asset class. He wrote:
“It’s still so early for Bitcoin. Still at the birth of a new global asset class.”
In the longer term, Bitcoin has significant growth potential to evolve into an established store of value, like gold.
If so, investors anticipate its valuation to increase exponentially over the next decade.
Currently, the majority of the demand for Bitcoin comes from investors that perceive BTC as gold 2.0. Investors believe BTC would eventually establish itself as a safe-haven asset.
Consequently, institutional investors have heavily accumulated BTC in recent months.
MicroStrategy and Stone Ridge, for instance, purchased $425 million and $110 million worth of Bitcoin, respectively.
But if the retail demand for Bitcoin picks up in tandem across major regions, it could cause BTC to grow exponentially.
Follow Us:
🔥 Blog/Podcast: http://CryptoNewsYes.com
🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net
🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net
🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net
🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes
🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net
🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net
🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net
🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: ► http://trezor.cryptonewsalerts.net
Ledger: ► http://ledger.cryptonewsalerts.net
DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
Anthony Pompliano Announces He Has 80% of His Capital in Bitcoin
https://pomp.substack.com/p/the-investment-case-for-bitcoin
https://cointelegraph.com/news/still-so-early-7-of-americans-have-bought-bitcoin-study-finds
Post Views: 216 -
I WON’T BE SURPRISED IF BITCOIN HITS 0K BY 2022, SAYS FAMILY THAT BET EVERYTHING ON BTC AT 0!!
➡️ Leverage OPM (Other People’s Money): http://opm.cryptonewsalerts.net
Didi Taihuttu, his wife, and three kids bet ‘everything’ they have on Bitcoin.
This is how the legend of the BTC family begins.
In 2017, CNBC spoke to the Dutch family of five when they were in the process of liquidating their assets — from a profitable business and 2,500-square-foot house, to their shoes — and trading it all in for the popular cryptocurrency and a life on the road.
Nearly four years and 40 countries later, Taihuttu and his family still don’t have bank accounts, a house, or all that much by way of personal possessions. All of the family’s savings remain tied up in highly volatile cryptocurrencies.
“We stepped into bitcoin, because we wanted to change our lives,” said the 42-year-old father of three.
When the price of bitcoin collapsed in 2018, Taihuttu added more to his investment portfolio. He says he was always a firm believer that the cryptocurrency was poised for a major rebound.
“I think in this bull cycle, we are going to see a minimal peak of $100,000. I won’t be surprised if it hits $200,000 by 2022.”
The price of bitcoin reached an all-time high on Monday, as it closed in on $20,000. And some analysts say the cryptocurrency still has a lot of room to run higher.
Mike Novogratz, CEO of investment firm Galaxy Digital, thinks this comeback rally is only just getting started. He sees bitcoin rising to $60,000 by next year.
And Tom Fitzpatrick, global head of CitiFXTechnicals, said the charts signaled that bitcoin could reach $318,000 by December 2021, in a report meant for Citibank’s institutional clients and obtained by CNBC.
Taihuttu bought the bulk of his bitcoin holdings when it was was trading at around $900 in early 2017, just months before it reached nearly $20,000 a coin.
Even as bitcoin peaked, the family stayed invested in the cryptocurrency. Once the bubble burst, and the price tumbled down to about $3,000 in early 2018, Taihuttu and his family weren’t deterred. “When bitcoin dipped, we started to buy more.”
When I asked Taihuttu on our Skype call whether he was worried that we could be in the midst of another bitcoin bubble, he doubled down on his investment. “I don’t see demand going down,” he added. “I think we’re headed for a supply crisis.”
In other trending Bitcoin News today:
Billionaire Paul Tudor Jones Says Bitcoin’s ‘Crazy Rocket Ship Ride’ Is Just Beginning
Veteran investor and hedge fund manager Paul Tudor Jones is likening Bitcoin and crypto to the early stages of the internet.
In an interview with Yahoo Finance, Jones says that while he is not sure where Bitcoin will land in the financial landscape a decade from now, he is fairly confident that it is in the early stages of a major upward movement.
“So what I do know is that it’s no way possible today to know what the next 10 or 20 years are going to be like and I know if I had to take a position on it I’m going to take the brand name and I’m going to assume that it’s the wrong price for the possibilities that it has and I’m going to assume that the path forward from here is north.
I think crypto is going to have a crazy rocket ship ride, up and down along the way, but my guess is that something like Bitcoin in particular will be substantially higher 20 years from now than where it is right now and who knows what role it has in the monetary system.”
“Bitcoin reminds me so much of the internet stocks of 1999 because [when] the internet was in its infancy no one knew how to value it because of the world of possibility that lay ahead.
What you can be certain of is that probably 20 years from now is that we’ll be using some kind of digital currency.”
🔥 Blog/Podcast: http://CryptoNewsYes.com
🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net
🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net
🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net
🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes
🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net
🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net
🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net
🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: ► http://trezor.cryptonewsalerts.net
Ledger: ► http://ledger.cryptonewsalerts.net
DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
Micro strategy now holds 40k bitcoin.There is about 2.44M bitcoin left to mine.So if we think of fresh supply coming in, there is only room for 61 more companies to hold as much as MSTR before the last sat is mined.
The rest has to be torn out of hodler hands.
— hodlonaut 🌮⚡🔑 🐝 (@hodlonaut) December 4, 2020
https://finance.yahoo.com/news/microstrategy-buys-additional-50m-bitcoin-225922648.html
Post Views: 167 -
BITCOIN MILLIONAIRES – BTC Addresses Holding 1,000+ Coins On The Rise!
➡️ [PODCAST PROMO] Get 250,000 CMDX Tokens from our sponsor (Valued at $25) For Free: http://promo.cryptonewsalerts.net
Despite a fall this year of around 40%, many Bitcoin price metrics are still overwhelmingly bullish. The number of addresses holding over 1,000 coins, and the number of Bitcoin millionaires have both increased this year alongside network health indicators such as hash rate. The number of BTC addresses holding more than a thousand coins has hit a high of over 2,000 this month.
Follow Us:
🔥 Blog/Podcast: http://CryptoNewsYes.com
🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net
🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net
🔥 Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net
🔥 Subscribe on TuneIn: http://tunein.cryptonewsalerts.net
🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes
🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net
🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net
🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net
🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: ► http://trezor.cryptonewsalerts.net
Ledger: ► http://ledger.cryptonewsalerts.net
DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
News Resources From Today’s Show:
Bitcoin Millionaires, BTC Addresses Holding 1000+ Coins On The Rise
Here’s the chart for the number of Bitcoin Millionaires over time*, around 12,000 right now.There’s 36m Millionaires on this planet, it’s still early days if you believe BTC will be the new currency.*gross approximation, uses balance in unique addresses
Data by @coinmetrics pic.twitter.com/MMD3J4BETE
— Willy Woo (@woonomic) October 11, 2019
Post Views: 154