If you’re interested in profiting from cryptocurrency without investing in it, you’re in for a treat. Betonline.com offers the opportunity to place bets on the prices of Bitcoin and Ethereum.
We want to remind you that the best way to ensure you have all the necessary information before placing any bet is to check out the best sportsbook reviews.
They provide a diverse selection of unique markets for gamblers, including some fascinating options.
Let’s delve into the cost of cryptocurrencies like Bitcoin and Ethereum and whether Elon Musk will sell Twitter before the year ends.
End of year Ethereum Price
Another cryptocurrency market we can bet on is the price of Ethereum.
Oddsmakers have set the over/under the price of Ethereum at $1600.50.
Over $1600.50 is favored for -150, similar to the price of Bitcoin.
Digging deeper into the recent history of Ethereum, it has decreased by 3% and $60 in the past month.
— Forbes (@Forbes) June 23, 2023
It’s currently sitting at around $1800, which seems unlikely to dip below $1600. It hasn’t fallen that low in over four months.
I recommend betting on the over $1600.50 at -150 for Ethereum at Betonline.
End-of-year Bitcoin Price
An intriguing market we can wager on is the price of Bitcoin by the end of the year. Oddsmakers have set a price of $25,500.50 for the over/under props.
This is total is interesting because it’s an increase of $4500 since last month.
Betonline.com previously set the over/under for the price of Bitcoin at $21,000.50 as recently as last month.
For the past month, the price of Bitcoin has been over the $28,000.50 mark. There has been a steady increase for the past two weeks.
Bitcoin rose sharply Wednesday and surpassed $30,000 for the first time in months, continuing a days-long increase in the cryptocurrency’s price, despite economic uncertainty and a regulatory crackdown on some crypto exchanges. pic.twitter.com/UJwnUxJg9y
— Forbes (@Forbes) June 22, 2023
The price of Bitcoin has increased almost 7.5%, or $2100 the past month.
I estimate that below $25,000.50 is too low for Bitcoin to drop to.
The odds of -150 on the over indicates an implied probability of 60% chance it’s over the $25,000.50 number.
I recommend betting on over $25,000.50 for -150 at Betonline.
Elon Musk sells Twitter
Elon Musk’s acquisition of Twitter concluded on October 27, 2022, and his tenure as its CEO has been quite tumultuous.
According to oddsmakers, it is suggested that Musk will retain ownership of Twitter and not sell it by January 1, 2024. The odds are set at -700 for “NO,” implying an 87% likelihood that he will not sell.
The change in Twitter ownership garnered both support and opposition from various parties. There’s an intriguing betting opportunity surrounding this situation, as the odds are highly speculative.
I agree with the oddsmakers on this prop and find it very unlikely that Musk does sell Twitter.
Although, it’s important to acknowledge that predicting the actions of a billionaire like Elon Musk is a challenging task. Very few individuals truly know his intentions and plans.
Considering the past few weeks, he decided to have a cage fight with Mark Zuckerberg. Then his mom canceled the fight; it’s difficult to predict what Musk will do.
UFC president Dana White spoke to Elon Musk and Mark Zuckerberg about their cage fight and said they’re ‘dead serious’
“This would be the biggest fight in the history of the world”
PPV would cost $100 and all proceeds would go to charity pic.twitter.com/tF9UQy1pfr
— Culture Crave 🍿 (@CultureCrave) June 22, 2023
Given the unpredictable nature of billionaire behavior, there is substantial value in considering the possibility of Musk selling Twitter.
The odds of -700 for such an outcome provide little value for this prop. However, it’s the most likely outcome.
I would recommend betting on Musk to keep Twitter at -700 on Betonline.com
Several websites are available for you to wager with; you can even choose to use the newest form of funds transfer, cryptocurrency. We have a list of the best betting sites that accept cryptocurrency as a payment method.
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