Bet on Bitcoin, Ethereum set to increase and Binance to axe CEO

I acknowledge that cryptocurrency can be a delicate matter, regardless of the individual you speak to or your stance on the subject. Nevertheless, it is feasible to venture into the cryptocurrency market and anticipate the future of it.

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.

End of year Bitcoin Price

I am aware that predicting the price of Bitcoin can be a fascinating topic for some, regardless of their personal beliefs on the matter.

Currently, oddsmakers have set the over/under props for the price of Bitcoin at $25,500.50 by the end of the year, making it an intriguing market to consider.

BetOnline ReviewBetUS ReviewBovada
Over $25000.5-150-150-150
Under $25000.5+105+105+105

This total is interesting because it’s a decrease of $2500 since last month. previously set the over/under for the price of Bitcoin at $21,000.50 as recently as June. 

For the past month, the price of Bitcoin has been over the $27,500.50 mark. There has been a slight decrease for the past two weeks.

The price of Bitcoin has decreased by almost 4%, or $1400, in the past month. I estimate that below $25,000.50 is way 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.

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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.

New Binance CEO odds

BetOnline ReviewBovadaBetUS Review

Reading between the lines, oddsmakers speculate that Binance will be allowed to operate as long as they’re willing to sacrifice CEO Changpeng Zhao. Look at the odds for him to step down this year.

The odds for Zhao to step down are -200! The implied probability of -200 is 66.7%, indicating they believe this is more than likely.

It makes sense that Binance would have to move on from Zhao after they were caught violating federal securities laws. I recommend betting him to step down this year at -200 on BetOnline.

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Oddsmakers believe the company will continue to operate exactly as it used to.

End of year Ethereum Price

Another cryptocurrency market we can bet on is the price of Ethereum.

BetOnline ReviewBetUS ReviewBovada
Over $1600.5-150-150-150
Under $1600.5+100+100+100

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 7% and $140 in the past month.

It’s currently sitting at around $1700, which seems unlikely to dip below $1600. It hasn’t fallen that low in over four months.

I recommend betting over $1600.50 at -150 for Ethereum at Betonline.

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These options are heavily favored; I recommend you see if you can parlay them.

If you parlay yes on the Binance CEO stepping down (-200) and yes on the Bitcoin increasing (-150) and Ethereum (-150), you can get to +316 odds.

That is another way of betting on favorites to ensure you get the best value from your bets.

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Tony Reyes

Tony is an avid sports fan and a pro sports journalist who dedicates most of his free time to watching the latest matches and games on TV. When he's not indulging in sports-related activities or seeing his friends, Tony finds joy in outdoor activities such as hiking, cycling, and playing basketball. In addition to being a sports expert, Tony has extensive knowledge in finances and accounting. He leverages this expertise to provide insightful betting analysis for women's basketball, identifying value based on overlooked factors.