Ireo Skyon Sector 60 | 2/3/4 BHK Luxury Apartments in Gurgaon

18th December 2020 - Gurgaon. Ireo Skyon is one of the most peaceful residential communities tucked away on the Golf Course Extension Road. Ireo Skyon offers a combination of 2, 2+SQ, 3+SQ & 4 + SQ Apartments. 

We are actively involved in real estate transactions in this community and many other good quality communities in Gurgaon.

Ireo Skyon Master Plan Gurgaon

As the name suggests, Quality is always our first priority at QUALTORS, be it Owner representation, Buyer Representation, Landlord Representation or Tenant Representation. Ireo Skyon We take Quality very seriously to deliver a quality experience for all stake holders. At Qualtors it is always Quality over Quantity.

Ireo Skyon Affordable 2 Bedroom Apartment in Gurgaon

The two bedroom apartment in Ireo Skyon Master Plan is a very interesting apartment for someone who is buying their first asset as a home. Most apt for a young couple looking to start the life in their own compact yet spacious and modern. The apartment comes fitted with VRV Air Conditioners with Heating & Cooling both, offering a comfortable living for the residents. The 2 Bedroom Apartment has  a super area size of 1375 sq.ft. offering a decent size living & dining space as well as two bedrooms with 2 bathrooms.

The Living & Dining is reasonably spacious and Ireo Skyon layout also offers a spacious balcony attached to it. The Kitchen too is reasonably spacious and offers a utility balcony right next to the Kitchen. The apartments come fitted with Modular Kitchen as provided by the developer.

The spacious master bedroom is a fairly large room for an apartment of this size and offers a large attached washroom. Ireo Skyon Sector 60 the interesting part about the washroom is that the closet space is created within the washroom so it doesn't eat into the master bedroom floor space.

The second bedroom does not have an attached bath, however, there is a bath right opposite the second bedroom which also doubles up as a powder room for the guests.

There are essentially two layouts of 2 Bedroom Apartments in Ireo Skyon. While there is not much difference in the size of the apartment, the Ireo Skyon Brochure only difference is that one of them has an L-Shaped Living/Dining and the other one is Straight Shaped Living/Dining. Rests of the areas within the apartment are absolutely same.

Ireo Skyon Rent

Ireo Skyon as a community offers some amazing value for money apartments on Rent. In case you are looking for Ireo Skyon as a community to live in, you will love being in this community. Ireo Skyon Gurgaon Rent there is options of 2 BHK Apartments for Rent in Ireo Skyon, 3 BHK Apartments for Rent in Ireo Skyon & 4 BHK Apartments for Rent in Ireo Skyon.

While the rental market is always very dynamic and ever changing, however, the current rentals for Ireo Skyon are listed below for quick reference, there could be a variation in the rental values based on some specific factors like the facing of the apartment, the floor, the quality of interiors, weather the apartment is sun facing or not and so on.

Here are the options of apartments for rent in Ireo Skyon with current rental prices and what they look like:

2 Bedroom Apartments for Rent in Ireo Skyon

The 2 Bedroom Apartments for Rent in Ireo Skyon are located on the outer periphery of the Ireo Skyon community; the apartments are spacious and ideal for a small family of two or three members. The kitchen is also comfortable, although not very large but functional and nice. The Ireo Skyon 2 BHK Rent come with either 1 or 2 dedicated covered car parking spaces in the basement and offers good views of the verdant greens from Tower A & F and the Adani Club and city lights from the ones located in Tower C. Tower D&E do not offer the 2 bedroom configuration at Ireo Skyon. The Current Going Rent for 2 BHK in Ireo Skyon is Rs. 32,000/- to Rs. 35,000/- (Excluding Maintenance)

Latest 2 Bedroom with SQ Apartment Ireo Skyon

The two bedroom with SQ apartment in Ireo Skyon is also a very interesting apartment for someone who is buying their first asset as a home. Most apt for a young couple looking to start the life in their own compact yet spacious and modern. Ireo Skyon 2 BHK the apartment comes fitted with VRV Air Conditioners with Heating & Cooling both, offering a comfortable living for the residents. The 2 Bedroom with SQ Apartment has  a super area size of 1540 sq.ft. offering a decent size living & dining space as well as two bedrooms with 2 bathrooms and a Servant's Quarter (With Toilet).

The Living & Dining is quite spacious as compared to the 2 Bedroom Layout and also offers a spacious balcony attached to it. The Kitchen too is reasonably spacious and offers a utility balcony right next to the Kitchen. The apartments come fitted with Modular Kitchen as provided by the developer.

The spacious master bedroom is a fairly large room for an apartment of this size and offers a large attached washroom. Skyon Ireo the interesting part about the washroom is that the closet space is created within the washroom so it doesn't eat into the master bedroom floor space.

The second bedroom does not have an attached bath; however, there is a bath right opposite the second bedroom which also doubles up as a powder room for the guests.

2 Bedroom + SQ for Rent in Ireo Skyon

There are options of 2 Bedroom with Servant Room apartments for rent in Ireo Skyon and all these apartments are located on the outer periphery of the Ireo Skyon community, ideal for a family of two or three members with a provision to have a maid or an extra storage space in the utility room. Most of the apartments of this size would offer either 1 dedicated covered car parking space or 2 car parking spaces in the basement. The good thing is that the utility room comes with an attached bathroom, so the maid/servant can use an independent washroom. The current going rental for a 2 BHK + SQ is ranging between Rs. 35,000/- to Rs. 38,000/- (Excluding Maintenance)

Resale 3 Bedroom Apartment Ireo Skyon

The three bedroom apartment in Ireo Skyon is an interesting apartment for a family looking to live a comfortable life with modern infrastructure. Most apt for a family of 3 or 4, this apartment is spacious & modern with all modern fitments like double glazed glass for sound insulation. The Ireo Skyon 3 BHK comes fitted with VRV Air Conditioners with Heating & Cooling both, offering a comfortable living for the residents. The 3 Bedroom Apartment at Ireo Skyon has  a super area size of 2045 sq.ft. offering a decent size living & dining space as well as three bedrooms with 3 Bathrooms, out of these 2 attached bathrooms and one of the bedrooms with a common bathroom which also doubles up as powder room.

The Living & Dining is reasonably spacious and also offers a spacious balcony attached to it. The Kitchen too is reasonably spacious and offers a utility balcony right next to the Kitchen. The apartments come fitted with Modular Kitchen as provided by the developer. The servant room comes with an attached bathroom and has access from the utility balcony to the Kitchen and a separate door for exit from the apartment.

The spacious master bedroom is a fairly large room for an apartment of this size and offers a large attached washroom. The Ireo Skyon Review interesting part about the washroom is that the closet space is created within the washroom so it doesn't eat into the master bedroom floor space.

The second bedroom also comes with an attached bathroom and is reasonable size. While the third bedroom does not have an attached bath, however, there is a bath right opposite the second bedroom which also doubles up as a powder room for the guests.

3 BHK Apartment for Rent in Ireo Skyon

There are options for renting the 3 BHK apartments in Ireo Skyon. The 3 Bedroom Apartments come with a Servant Room/Utility Room and are mostly located on the inner periphery of the Ireo Skyon Community, however, some of the Ireo Skyon 3 BHK Rent apartment are located on the outer periphery too in tower D & E, while rest of the 3 bedroom apartments are all facing the central greens of the community. Ideal for a family of 3 or 4, most of the 3 bedroom apartments for rent in Ireo Skyon come with 2 dedicated covered car parking spaces in the basement  (in some case it could be less or more depending on the parking spaces opted by the property owner). The current going rent for a 3 bedroom apartment in Ireo Skyon is ranging between Rs. 43,000/- to Rs. 47,000/- (Excluding Maintenance)

4 Bedroom Apartment Ireo Skyon Resale Price

The 4 bedroom apartment in Ireo Skyon 4 BHK is a very interesting apartment as it offers a lot of space, specially if you like to enjoy the outdoors, then this Ireo Skyon apartment is just right for you as it comes with a huge wrap around balcony offering panoramic views of the City Lights and the Aravali Hills, especially from a higher floor. Most apt for a large family looking to live a modern and comfortable life with lots of space within the apartment as well as large open spaces in the balcony area.

The apartment comes fitted with VRV Air Conditioners with Heating & Cooling both, offering a comfortable living for the residents. Ireo Skyon Sector 60 Gurgaon the 2 Bedroom Apartments has a super area size of 2850 sq.ft. Offering a good size living & dining space as well as four large size bedrooms with all attached bathrooms.

The Living & Dining is reasonably spacious and also offers a very spacious balcony attached to it. The Kitchen too is reasonably spacious and offers a utility balcony right next to the Kitchen. The apartments come fitted with Modular Kitchen as provided by the developer. Ireo Skyon Price List there is an interesting service area through the Utility balcony offering you to accept deliveries etc. without having to get them through the main living room, this features specially comes in handy if you are hosting a party.

All 4 Bedrooms in this apartment are all fairly spacious, in fact probably more spacious then most of the other apartments of this size in Gurgaon. The master bathroom has the closet space created within the washroom so it doesn't eat into the master bedroom floor space.

4 Bedroom Apartment for Rent in Ireo Skyon

The 4 bedroom apartments are spacious and luxurious and are located in the iconic high rise tower called the Tower B in Ireo Skyon 4 BHK Rent Community. There are two types of layouts available in this configuration of apartments. The 4 bedroom apartments for rent in Ireo Skyon come with 2 dedicated car parking spaces, a large size balcony, a servant's room and spacious bedrooms (13 Ft x 14 Ft.) with all 4 attached bathrooms. The kitchen is reasonable size and offers all modern day comforts to the residents. Tower B is the tallest tower comes with high speed elevators for the convenience of the residents. The current going rent for the 4 bedroom apartment in Ireo Skyon is ranging between Rs. 45,000/- to Rs. 50,000/- (Excluding Maintenance)

There are essentially two layouts of 4 Bedroom Apartments in Ireo Skyon. While unit no. 1 & 3 share similar layout and are diagonally opposite to each other and Unit No. 2 & 4 are having a different layout. In our experience both layouts are nice, however, we have seen some families liking one of the two layouts. While there is not much difference in the size of the apartment, the only difference is in the orientation of the apartments, while both apartment layouts don't compromise on the bedroom sizes or the balcony sizes.

Our focus is on Quality transactions across the spectrum of Residential & Commercial verticals to offer a bouquet of real estate services including buying, selling & leasing and property management services for a select few clients.

Here is a link to the Ireo Skyon Website: http://www.IreoSkyon.in

For Visits & Queries Please feel free to call us on 8010-567-567

* This article was originally published here

The Big Four Are Gearing Up to Become Crypto and Blockchain Auditors

Blockchain technology, along with the adoption of cryptocurrencies, is gaining momentum. The enterprise blockchain market is expected to reach $21 billion over the next five years. Just eleven years on, and both sectors have matured greatly, resulting in well-established organizations taking the technology more seriously as they tackle challenges that come with implementing blockchain and the use of digital assets.

Unsurprisingly, professional services giants are among those taking a larger role in tackling new market challenges. The Big Four firms and Fortune 500 companies are working with a number of blockchain and crypto companies on ways to combat regulatory uncertainty, interoperability challenges, consensus models and development of the technology. Henri Arslanian, PwC’s global crypto leader, told Cointelegraph that the Big Four firms specifically have a very important role to play in the advancement of the cryptocurrency ecosystem, saying:

“Although Bitcoin was designed with a trustless ideology, the reality is that the industry still requires trusted entities to catalyze the development of the ecosystem.”

Arslanian noted that when he first joined PwC three years ago, not many people took crypto seriously. However, he saw fast growth, which drove the company’s Hong Kong firm to start accepting Bitcoin payments from clients two years ago. Since then, PwC has formed “crypto teams” in 20 countries, consisting of 200 people in total that work on crypto-related projects. “Just within the cryptocurrency sector, we’ve conducted over 350 engagements in the last 18 months,” Arslanian said. PwC’s crypto teams are not only focused on tax and accounting challenges, but audit and assurance services are also in demand. Arslanian explained:

“Over the last couple of months, we’ve expanded our work. We recently closed the first ever crypto fundraising deal at PwC, in which we led a $14 million series A round for a Swiss-based crypto firm with Asian family offices. We are also the auditor for BC Group, a publicly listed crypto company in Hong Kong.”

Last year, Big Four firm KPMG as well as Forbes Insights conducted a survey to determine how important auditing and blockchain expertise is for finance executives. The findings show that 79% of these professionals expect their auditor to provide an understanding of blockchain’s impact on their business or the financial reporting environment. 

KPMG United States blockchain audit leader, Erich Braun, further told Cointelegraph that an organization’s blockchain system should be developed with the intent to meet both operational and accounting needs to comply with accounting standards and other regulatory requirements:

“SEC issuers will want to design blockchain technologies to support the entity’s internal control over financial reporting. Being able to demonstrate how these technologies achieve their objectives in a well-controlled environment is critical to a successful blockchain strategy. If the technology is not auditable, the immense benefits it brings, such as increasing efficiencies and cutting costs, may not be realized.” 

Helping build out blockchain systems

While Big Four firms are able to shed light on auditing for crypto companies, each of them are also working on building blockchain systems. For example, KPMG offers a number of blockchain-based software solutions. Arun Ghosh, KPMG’s U.S. blockchain lead, told Cointelegraph that the firm saw a marked increase in revenue coming from blockchain initiatives last year.

Ghosh explained that recent KPMG projects have been primarily related to defining blockchain strategies, participant onboarding, and governance and operating models. Last year, KPMG helped Microsoft, Tomia and R3 create a blockchain solution for the telecom industry in preparation for 5G networks.

Ghosh further noted that the firm has seen increasing interest in the use of blockchain in combination with other technologies such as IoT, AI and machine learning. In February, KPMG announced a new U.S. patent for a blockchain-based method designed to increase trust in AI data management practices. Ghosh mentioned that this is an important development for KPMG, as it demonstrates how critical the convergence of AI and blockchain is to enable trusted artificial intelligence. He predicts that the coronavirus pandemic will fuel these models, saying:

“In the coming years, we expect growth in enterprise blockchain and network-based models that support ‘COVID safe’ supplies, identities and products. This is already being seen as there is increasing intersectionality with other technologies like IoT, AI and Machine Learning.”

Big Four firm EY is also driving innovation in the blockchain space. EY’s global blockchain leader, Paul Brody, previously told Cointelegraph that the firm has been working with Microsoft and ConsenSys to develop an open-source blockchain project called Baseline Protocol, which runs on the public Ethereum mainnet. 

According to Brody, Baseline Protocol attempts to solve the challenges associated with enterprises using public blockchain networks. On May 21, Baseline Protocol published a demo highlighting the ability for multiple companies to digitally manage purchase orders and volume discount agreements across disparate systems on Ethereum. This aims to show how enterprises can securely collaborate over the Ethereum network without exposing valuable data.

Fortune Global 500 company, Accenture, is also working on a number of blockchain solutions with senior managing director and global blockchain lead, David Treat, telling Cointelegraph that the firm is focused on using blockchain systems to drive digital identity, supply chain management and financial infrastructure.

In 2018, Accenture collaborated with Digital Ventures, a fintech subsidiary of Thailand’s Siam Commercial Bank, to launch a distributed ledger technology solution to simplify the way companies buy and sell goods and obtain financing. Built on R3’s open-source Corda platform, the solution reduces the need for physical billing in addition to invoice financing time while preventing fraudulent activity. According to Treat, this use case demonstrates how DLT can be applied for track-and-trace supply chain work, which is relevant for personal protective equipment being used during the current pandemic, adding:

“Through the use of DLT, we have created a new revenue stream and service for small-to- medium sized enterprises, which is important in order to get global economies moving again.”

More recently, Accenture collaborated with Fujitsu on an open-source software development kit called Hyperledger Cactus, which is designed to solve blockchain interoperability challenges. Treat further noted that another project with Hyperledger is in the incubation stage, mentioning the company has 160 blockchain patents. He elaborated:

“We are not a product company, but rather we engage with clients to choose a platform that best suits their specific needs. We spend a lot of time building preferred strategic alliances with ecosystem partners. Across the board, these partnerships with product and platform providers allow us to bring the right answers to our clients.”

Big Four firm Deloitte and the World Economic Forum also recently released a report on blockchain interoperability. The report brings up a key finding, noting that although blockchains are built for specific industry ecosystems, the technology may work better if all of these were linked together under one framework.

Source:https://cointelegraph.com/news/the-big-four-are-gearing-up-to-become-crypto-and-blockchain-auditors

* This article was originally published here

ZenSports Launches ICX Funding, Betting, and Trading

​​​​​ZenSports, the mobile peer-to-peer sports betting marketplace where anyone in any legal market in the world can create and accept sports bets with anyone else in any legal market in the world without the need for a centralized bookmaker, has just announced the launch of funding, betting, and trading in ICX.

ICX is the native coin built on ICON’s blockchain protocol, and which can be used for real-time payments and also as a protocol for connecting the blockchain world. 

Up until now, ZenSports has accepted USD (both fiat and cryptocurrency versions of USD), Bitcoin, and its native SPORTS token (which is also built on ICON’s protocol). With the addition of ICX onto its platform, ZenSports customers can now quickly deposit ICX into their accounts, wager on sports using ICX, and buy/sell/trade ICX within the ZenSports trading exchange. Customers can also withdraw ICX directly from their ZenSports accounts.

ZenSports originally partnered with ICON back in June 2018, when ICON invested in ZenSports’ Pre-Seed round. ZenSports then built and launched its SPORT security token on ICON in December 2018, and built and launched its SPORTS utility token on ICON in July 2019.

According to ZenSports co-founder and CEO Mark Thomas, “ICON has been an amazing partner of ZenSports’ for the past two years. Their blockchain technology is second to none, settlement times for transactions are near-instant, and the fees are extremely low. The community is awesome, and the management team is extremely responsive and helpful whenever we have questions. We’re excited to give back to the ICON community through our launch of ICX funding, betting, and trading within ZenSports.” 

Source:https://www.pressrelease.com/news/zensports-launches-icx-funding-betting-and-trading-21240951

* This article was originally published here

Want to get pool certificate in Gold Coast with pool safety inspectors- Pool Safety QLD is the name.

Getting pool safety certificates are as easy as online booking at Pool Safety Certificate. This can be done by booking the process on the website or by simply, calling or emailing them regarding this. For anyone who is looking for a pool safety certificate- this is a good option as it is easy to book and follow the process. Available on all seven days, you can get in touch with them regarding the inspection of the pool. The process of inspection usually involves taking photos, testing the fence and gates. 

The testing process will utilize the QLD code for all swimming pool inspections. The purpose of this type of inspection is usually to find if there are any issues with the pool. Thus, if the inspector finds and non-compliant issues during the inspection, it is not likely to work in your favor. However, if the issues are minor and easily fixable, the inspector will help with the rectification process to increase your chances of being complaint. If the pool is eligible for a pool safety certificate, it is issued via email in a couple of days; on the other hand, if there are issues, it is conveyed via email. In the case where there are issues, a re-inspection can be arranged after rectification. 

About Pool Safety Certificate

A pool safety certificate is proof that the pool barrier has been inspected and is safe. This is a legal document that complies with the QLD pool regulations. This type of certificate is usually necessary when one is selling their property or leasing it out. The pool safety inspectors can do minor repairs or fix and can help you in acquiring Pool Safety Certificate; however, it would be necessary to hire other professionals for major repair work. 

As a firm for Pool Safety Certificate in the Gold Coast & Logan, they offer pool safety certificates, with the process of obtaining the certificate very simple from booking an inspection, scheduling the inspection, and having it delivered to you. The inspection charges for the pool may vary depending on the size of the pool, besides which re-inspections will also cost more. Once the pool has been declared safe, it is also necessary to pay a fee to have the certificate emailed to you.

Contact:

Address: Gold Coast

Email: admin@poolsafetyqld.com.au

Telephone: 0492 334 270

* This article was originally published here

MoonDeFi, a New Part of Decentralized Finance

Centralized exchanges have been the backbone of the cryptocurrency market for years. They offer fast settlement times, high trading volume, and continually improving liquidity. However, there’s a parallel world being built in the form of trustless protocols. Decentralized exchanges (DEX) require no middlemen or custodians to facilitate trading.

Due to the inherent limitations of blockchain technology, it has been a challenge to build DEXes that meaningfully compete with their centralized counterparts. Most DEXs could improve both in terms of performance and user experience.

Basically, MoonDeFi has two main elements: Swap and Staking (Farming). And when users participate in any of the above activities, they will receive a certain profit.

What is the MoonDeFi Protocol?

MoonDeFi is a protocol on Ethereum for swapping ERC20 tokens. Traditionally, token swaps require buyers and sellers to create liquidity; MoonDeFi creates markets automatically. Unlike most exchanges that charge fees, MoonDeFi was designed with a very low fee structure without any fees.

Traders can exchange Ethereum tokens on MoonDeFi without having to trust anyone with their money. Anyone can lend their cryptocurrencies to the liquidity pool and collect a fee. This is done by an equation that automatically determines and balances the value based on actual demand.

How MoonDeFi’s Protocol Works

MoonDeFi is an automatic liquidity marketplace, so, there is no order book or central party required for the transaction, and MoonDeFi allows users to act as a one-stop-shop for any type of exchange, be it a token exchange or a trading platform.

To enable trading without an order book, MoonDeFi has developed a model called the liquidity pool, which is created by liquidity providers. Anyone with an Ethereum address can contribute to the liquidity of exchange and make money from it. It allows users to exchange ERC20 tokens, including the native ETH token, without intermediaries.

There is one important thing that users should keep in mind: they can seamlessly switch between ERC-20 tokens without the need for an order book. As the MoonDeFi Protocol is decentralized, the listing process is fully decentralized and there is no liquidity pool available for traders.

How to Swap Tokens on MoonDeFi

MoonDeFi’s main distinction from other decentralized exchanges is the use of a pricing mechanism called the “Constant Product Market Maker Model.” – Any token can be added to Moon by funding it with an equivalent value of ETH and the ERC20 token being traded. For example, if a user wanted to make an exchange for an altcoin called Token A, they would launch a new Moon smart contract for Token A and create a liquidity pool with, for example, $10 worth of Token A and $10 worth of ETH. Now, the user is a Liquidity provider.

Once a token has its own exchange smart contract and liquidity pool, anyone can trade the token or contribute to the liquidity pool while earning a liquidity provider fee of 0.3%. Ok, that’s the way a Liquidity Provider can earn profit from Swap.

Staking/Farming on MoonDeFi

The innovative Defi platform MoonDeFi has recently made liquidity mining available to users. After the Liquidity Providers contribute their coins to the pool, they will receive LP tokens. Liquidity Providers can use those tokens to participate in the Staking Program with a high profit rate. The reward will be distributed among users who deposit funds to the liquidity pool and join this program.

MoonDeFi automatically searches for the latest and most efficient DeFi platforms. It then optimizes productivity with the latest algorithms that can find highly profitable, at the same time very affordable groups for the user. Users then benefit at a steady rate of interest through farming.

At MoonDeFi, when users stake a coin/token, they will receive an interest of 30-40% a year, but when users become a liquidity provider and stake their LP tokens, the interest can go up to 45%. MOON, the native token of the MoonDeFi platform itself, is the one with the highest interest rates.

An Announcement from the MoonDeFi Team

Currently, airdrop & bounty and marketing programs are being launched, the total reward is up to 10 million MOON, equivalent to 10 million USDT. All interested parties need to do is to follow the airdrop bot t.me/moondefi_airdropbot and write blog content or make videos about the project, with each individual reward being up to 150 MOON (~150 USDT)

Source: https://news.bitcoin.com/introducing-moondefi-a-new-part-of-decentralized-finance/

* This article was originally published here

Bull Trap Warnings After Bitcoin Price Shoots Up

After dropping to a low of $16,300 per coin, bitcoin (BTC) has rebounded 11.3% to where the price stands today at $18,138 per unit. BTC is still up 33% for the last 30 days, 54% for the last 90 days, and 139% against USD for the last 12 months. Bitcoin’s dominance index, in comparison with the 7,500+ crypto assets’ market caps, is currently just above the 63% handle.

Bull Trap Warnings After Bitcoin Shoots Above $18k Handle The entire crypto-economy on Sunday, November 29, 2020, is hovering around $526.5 billion and there’s roughly $30.50 billion in global trade volume today. The biggest cryptocurrency gains today were captured by zap (ZAP), which is up 71% in 24 hours. The largest losses today stem from carvertical (CV), which is down over 59% on Sunday morning (EST).

The second-largest market cap held by ethereum (ETH) is up 5.17% today, but ETH is still down a touch less than 1% for the last seven days. ETH is swapping for $555 per ether and holds a $63 billion market valuation.

XRP is trading for $0.61 per coin and is up 0.39% on Sunday morning. Still, XRP commands a $28 billion market capitalization and is up 39% during the last seven days.

Bitcoin cash (BCH) holds the fifth-largest market cap below the stablecoin tether (USDT) and is currently trading for $281 per unit. BCH is still down some during the past 24 hours, but is up 7.5% for the week. The crypto asset bitcoin cash (BCH) has a market valuation of around $5.23 billion on November 29, 2020.

As BTC jumps back to the levels gained last week, a few analysts believe that altcoins will catch up as well.

“BTC is back at its all-time high levels, but what is worth noting is the valuation of the altcoins which are on average still 50% below their all-time highs,” the Head of Trading at NEM, Nicholas Pelecanos said. “Some altcoins represent projects that are no longer functioning, yet other projects have seen tremendous development on both adoption and tech. For me, catching these undervalued altcoins is now the trade to be made,” Pelecanos added.

Other analysts assume that the demand for bitcoin (BTC) and other crypto assets stem from Millennials and the Gen Z generation.

“The steady rise of Bitcoin in 2020 has not only continued, but accelerated, during times of political and economic uncertainty. As a whole, the world is looking outside the traditional norms for how and where they manage their finances. This demand comes from Millennials and Gen Z’ers and their progressive outlook on their financial needs, both present and future, and pivoting away from traditional financial institutions as their store of value with next-to-nothing interest rates,” Derek Muhney, Director of Sales at Coinsource explained.

Some traders think that the current rise up could be a “bull trap,” which is basically a false signal in a declining trend. For instance, the crypto trader dubbed ‘@Lomahcrypto’ told his 65,000 Twitter followers that he wants to be bullish, but he is still uncertain.

“I want to be bullish so bad,” Loma Crypto tweeted. “Please BTC just close above $17,400 or dump to $15,800. Also… Binance Futures ALTs that were performing well (market leaders) are looking kinda heavy,” he added. “I [have] to agree it looks like trash,” another trader responded.

The popular trader @Cryptocapo_ told his 25k Twitter followers that he’s ready to short BTC. “Ready to short (hedge) $17.5k-$18k,” he tweeted.

Meanwhile, even though BTC slid 15% in value the other day, many expected the crypto asset to slide a lot more than that, as it has traditionally seen slides much larger in the past (-30% or more). This has caused uncertainty among traders and analysts, as some believe that the price will drop again, but many enthusiasts still wholeheartedly believe BTC is once again targeting the 2017 all-time high.

Source: https://news.bitcoin.com/market-update-bull-trap-warnings-after-bitcoin-shoots-above-18k-handle/

* This article was originally published here