Bitcoin (BTC) hit new highs in excess of $18,750 on Nov. 20 as its latest extended bull run continued to delight investors.
BTC price inches closer to all-time highs
At press time, local highs of $18,817 took Bitcoin to within $1,250 of its all-time highs from December 2017.
The latest gains come as altcoins have also begun to hit historical levels that have remained untested for several years.
Speaking about the market’s current strength and future prospects, Tom Lee, co-founder of Fundstrat Global Advisors, was more bullish than ever.
“The halvening happened this year, which of course historically is good for price, bit history also says that the year following the halvenings is much more important,” he told Yahoo Finance.
“Bitcoin was the best performing asset last year, 2019. It’s killing it this year; it’s just crushing all other hedges and asset classes this year, 2020. But in 2021 I think Bitcoin could be the year of the fireworks, so if people are interested, they really should realize that the best is probably yet to come.”
Data from monitoring resource Skew underscores just how much Bitcoin has outperformed macro alternatives. Bitcoin’s year-to-date returns total 160%, while gold has managed just 22% and the S&P 500 an even less appealing 10.9%.
News source CoinTelegraph.com
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Block explorer going in maintenance mode for another hr ish.
The Explorer Node is traditionally an archive node so it might take roughly 3 hours to sync. Ty for you patience.
Quick Update: The expanse explorer server got upgraded today. EggSwap Vision should be released next week. The EggSwap team is working on adding DGB Token Bridge as the first one. We are big fans of the DGB project because embodies the ethos of crypto!
What coin would you like see available on EggSwap?
@ExpanseOfficial @UniswapProtocol @eggswap After the very needed implementation and news of the EGGSWAP-Eth bridge for fee relief, while momentum is up, please hit everyone with the rough but full roadmap of features coming. Vampire attack after eth linked? Nft exchange?
Raise your hand if you are tired of your favorite projects being held hostage and extorted by exchanges in this space. Projects like @UniswapProtocol and @Eggswap are important because they give the power back to the people.
Instructions for setting up your own load balanced SSL GEXP Node - https://github.com/expanse-org/go-expanse/wiki/Setup-SSL-GEXP-Nginx
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