In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on whether BTC will soar to $100K by 2024.

The extreme volatility of Bitcoin and periods of strong growth throughout its history have created substantial wealth for many investors. Bitcoin breached $70,000 earlier in 2024, and many investors are eagerly awaiting price movement to $100,000.

, we ask, “Will Bitcoin Soar to $100K by 2024?”

, provides a recap of our Learn 101 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Sep 11, 2024 were four distinguished guests:

Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores if Bitcoin’s price will reach $100K by 2024.

Bitcoin's Journey — Looking Back to Look Forward

At the start of the livestream, Michael Ionita created an automated trading order to demonstrate how easy it is. It remained running in the background until the end of the stream, when our guests reviewed the order.

Throughout the years, Bitcoin’s price has been influenced by the Jackson Hole Economic Symposium, government policy, ETF applications and other factors. Henrique Centieiro stated that short-term macroeconomics are impacted by the Federal Reserve. The economy is currently relatively shaky, and he anticipates more money will be printed. When this last took place, the stock market shot up, and Bitcoin’s price increased substantially. Centieiro attributes this to the level of increased money in circulation.

Referring to a chart that shows a correlation between lowered U.S. interest rates and Bitcoin’s price, Ionita demonstrated that increased money supply has boosted Bitcoin’s prices.

Jerry Li is bullish over the next six months. He reminded us that inflation weakens both the U.S. dollar and purchasing power, and as interest rates drop, he sees a correction in the crypto market that will positively affect Bitcoin’s price.

Centieiro stated that some people will take profits during the rate adjustment. He believes that the next month may be bearish, but there will then be a bull rush.

Ionita said that the market has been impacted by Russia’s new Bitcoin policy, asserting that this is bringing more funds into Bitcoin. However, many people in Russia are holding Bitcoin on a short-term basis because they’re making purchases with it. This makes Russia’s policy impact both bullish and bearish: Ionita maintains that other countries may act on this by prohibiting or limiting Bitcoin because of world events.

Meanwhile, Centieiro stated that the amount of money being kept on exchanges is at an all-time low, which means people are holding for a longer period of time. Bitcoin miners continue to invest in mining equipment. In addition, Michael Saylor has stated that Bitcoin’s price will reach 

Li drew attention to the fact that recently, hash power has increased dramatically, which is attributable to the entrance of more people and countries into the crypto market.

Ionita described the Bitcoin Spot ETF rally of 100%, attributing it to massive public interest. He believes BTC’s price is being heavily restricted because of this huge interest, and expects its price to rise by the end of October, based on the interest in Bitcoin Spot ETFs.

Centieiro said that there’s a lag as money managers decide whether to invest or not. Adding Bitcoin to a fund, even in small amounts, increases diversity and lower risks. He believes this is a win-win situation for money managers.

Li reminded us that Bitcoin will definitely reach $100,000 at some point, but nobody knows when. The upcoming U.S. election may drive its price up, but it could also bring greater volatility. Other catalysts may drive the price up as well.

Ionita referred to his screen again, saying that it’s hard to predict a price for something with multiple variables. However, he referred to the Fibonacci cycle for the current market, which reveals a Bitcoin price prediction between $200,000 to $300,000, adding that it’s impossible to predict the time frame. The average cycle time, however, is 1,069 days, which would extrapolate to the end of October 2025, but this time frame is fuzzy. He believes $200,000 is realistic for the cycle.

Centieiro described some price movement obstacles that have prevented Bitcoin’s price increase or slowed the time frame for BTC hitting $100,000 — the uncertainty of the U.S. election, for one. He also referred to a chart showing a lower flow in market-based mining activity. This indicates a type of magnet for the price. Centieiro also introduced a power log that shows BItcoin’s price should currently be around $90,000. He believes the current price is a pressure cooker, and the price will therefore greatly increase.

Zitane said the main risks that could stymie BTC price growth are regulatory uncertainty, economic instability and military conflicts, among others, directly affecting BTC’s price.

Ionita added that investors should get out of any risky asset in a downturn in order to prevent loss. He stressed the importance of understanding that both BTC and the U.S. dollar are preferred as investments in different situations, and showed a graph indicating that dollar-cost averaging (DCA) isn’t a wise approach for risky assets.

Li, however, stated that he uses DCA. He believes it’s a healthy strategy over a long period of time, due to his confidence that Bitcoin’s price will eventually go back up after a dip.

Centieiro agreed with Ionita that it’s not advisable to use DCA for an asset that’s going to zero. However, he doesn’t believe that Bitcoin will ever go to zero. Centieiro believes in DCA as a solid, long-term strategy to smooth out BTC market volatility.

Zitane has a simple strategy: he only uses DCA. He makes a purchase, and then buys again if the price goes down. He pays attention to the news, keeps buying when the price goes down and continues to reduce his average price.

Ionita reminded us that you can make more money with manual trading if you know what you’re doing. Most people aren’t professional traders, though, and can get wrecked in a bear market if they don’t stay on top of things. He recommends that these traders use an automated algorithm.

Smart Trading — Entering and Exiting with Confidence

Centieiro explained how he enters a trade: he buys BTC and holds it for at least a few years, looking for a relatively cheaper price as compared to previous prices. This is determined by a look at the 200-day moving average. He also looks at the Crypto Fear & Greed Index. Centieiro explained that investors must decide how long they plan to hold BTC 

 buying it. He invests a portion of his investment amount at one time, and spreads the rest of his investment out over several weeks.

Ionita, however, holds his BTC over several months. He looks at Fibonacci and other charts to invest funds in BTC and several other assets, based on risk. He maintains a specific allocation, with more allocation to the least risky assets.

This session of the Learn 101 livestream highlighted “Will Bitcoin Soar to $100K by 2024?”

As part of the livestream, Bybit is holding an 

 that offers you a chance to participate in our pop quiz and win a share of 300 USDT in airdrops. The event period is through September 18, 2024, 11:59PM UTC.

Stay tuned for more discussions on the dynamic world of cryptocurrencies!

Intermediate

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Learn Live ICYMI: Will Bitcoin Soar to $100K by 2024?

Self Chain (SLF) is a Layer 1 network that provides a cross-chain keyless wallet solution, along with modular intent-based transaction execution capabilities.

 can be tedious and frustrating, especially for beginners. At the same time, careful private key management is crucial if the user wants to avoid security breaches or the loss of access to their wallet. 

Wouldn't it be great if you could transact securely on blockchains using your social media logins while also enjoying the cryptographic protection features provided by crypto wallets? And without the need for private key or 

This is exactly what Self Chain (SLF), an innovative 

 blockchain project, offers to the crypto user community.

multi-party computation — threshold signature scheme

 (MPC-TSS), Self Chain offers keyless wallet services that let you transact across multiple chains and applications. Additionally, its solution comes with a large language model (LLM) intent-based chat assistant to find you the best deals and transaction options in the cryptocurrency world.

 (SLF) is a decentralized platform that describes itself as the first modular intent-centric access Layer 1 blockchain. 

It provides two key services: an AI-driven chat assistant that helps users carry out intent-based transactions, and a keyless wallet solution that facilitates multichain logins and transactions without the need for private key or seed phrase management. Self Chain’s Layer 1 network is based on the popular Cosmos SDK blockchain development framework. 

 (ATOM) ecosystem, Self Chain uses the delegated proof of stake (DPoS) block processing method, with validator nodes securing the network.

The project was initially called Frontier (FRONT). It began its network operations with the launch of an incentivized testnet in April 2021. In mid-2024, Frontier was rebranded to Self Chain and launched its mainnet.

Self Chain's AI chat assistant accepts voice and textual inputs from the user, and searches multiple blockchain platforms and 

 (DApps) to find the best possible deals. This service can be used in various areas, including 

 (DeFi). For instance, crypto gamers can use Self Chain’s intent-based search for the best deals on gaming 

 assets, while DeFi traders can instruct the assistant to find the best rates for specific coin swaps.

The platform's keyless wallet infrastructure service allows users to securely use email- and social media–based 

 logins to blockchain apps and platforms. This is enabled by splitting the wallet's seed phase into three parts, each stored separately — one encrypted on the user's device, the second encrypted and stored on the Self Chain network in a decentralized manner and the third reserved for wallet recovery purposes..

The platform's chat assistant is based on an LLM model that transforms user inputs into signed automated intent instructions. These instructions are passed to Intent Searchers, entities that scout the blockchain ecosystem for the best deals and most efficient paths for the intended transaction. Once the optimal source is found, Intent Searchers pass the request to intent solvers, whose job is to execute the transaction.

Blockchain DApps that aspire to become Searchers and solvers within the Self Chain ecosystem can use the Intent DSL SDK, a development framework offered by the platform. Using the SDK, DApps can integrate into the platform's architecture and translate user intent commands into executable searches and transactions.

The Self Chain keyless wallet service is powered by MPC-TSS technology, which permits splitting the user's private key, seed phrase or other secret identifier into multiple fractions, each stored independently to avoid a single point of failure. As a security technology, MPC-TSS predates blockchain, and can be applied in a chain-agnostic manner.

In Self Chain's implementation of MPC-TSS, there are three seed phrase fractions, with the two main ones — the Personal Share and the Remote Share — held on the user's device and the blockchain, respectively. When an operation is carried out, the Personal Share is matched against the Remote Share to facilitate the transaction. A network of MPC nodes encrypts the Remote Share in a distributed fashion to further enhance the security of operations.

The third fraction — the Recovery Share — is used solely to restore access to the user's device or add a new device.

Thanks to this chain-agnostic keyless system, users can retain the self-custody of their wallets, enjoy the security of the blockchain's cryptographic protection and use keyless logins on a myriad of platforms.

Self Chain lets users enjoy multichain account abstraction (AA), whereby wallets can carry out complex operations without you needing to worry about the specifics of underlying technology. For example, Self Chain–based wallets can execute bundled transactions, carry out cross-chain operations and optimize gas fees, all without user intervention.

What Is the Self Chain Crypto Token (SLF)?

During the project's mid-2024 rebranding from Frontier to Self Chain, its native cryptocurrency was migrated from the FRONT token on the 

 (BNB) to the SLF coin, native to the Self Chain's Layer 1 network. The migration was announced in late August 2024, and as of the time of this writing (Sep 16, 2024), FRONT holders can still migrate their tokens, with no specific conversion deadline provided by the project team.

SLF is used for a wide variety of functions on the Self Chain platform, including the following:

SLF has a total and maximum supply of 360 million. The coin's supply allocation shares are per the chart below:

The SLF coin is available on Bybit as a Perpetual contract with USDT (

). Under this contract, you can trade SLF with up to 12.5x leverage.

Self Chain's innovative system simplifies keyless multichain web3 access, while the versatile LLM assistant helps efficiently interpret user intent to conduct diverse transactions across networks. This is a functional set that few other projects in the industry can provide. In particular, the keyless wallet solution is something that truly sets Self Chain apart. 

While there are a few crypto projects that utilize an intent-focused approach and AI-based chat assistants, Self Chain’s keyless functionality is a rare feature that will undoubtedly attract interest from a variety of users. Navigating myriad DApps and networks and transacting on them without the need for meticulous private key management has just gotten a lot easier — all thanks to Self Chain and its implementation of MPC-TSS.

Advanced

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Self Chain (SLF): The Future of Secure Private Key Recovery

Stacks is integrating with the Aptos Network to bring Bitcoin's utility to decentralized applications through sBTC, a 1:1 Bitcoin-backed token.

The SPX index was up by 0.03%, with key sectors underperforming, including healthcare, consumer staples, and real estate, while energy, consumer discretionary, and industrial stocks outperformed. Coindesk Indices, an index measuring broader cryptocurrency market performance, was up by 2.95%, with Bitcoin and Ether rising by 3.62% and 3.16%, respectively, in the past 24 hours.

Today's top performer is SAGA, which surged 27.3% following its announcement of a new economic model focused on sharing in project success rather than charging gas fees.

Saga (SAGA), founded in 2021, is a Layer 1 blockchain protocol that allows developers to create customized chains for their applications, providing shared security and scaling solutions. 

 focuses on sharing in the success of projects built on its platform, rather than charging gas fees. Projects can launch cheaply on Saga's chainlets, and Saga takes a small cut of token activity once bridged through its infrastructure. As projects grow and their tokens become valuable, Saga can hold, use, or sell these tokens to fund ecosystem growth and buy back $SAGA tokens. This creates a network effect where success drives further success, positioning Saga as a key platform for value generation in web3.

Check Out the Latest Prices, Charts, and Data of 

 to bring Bitcoin's utility to decentralized applications through sBTC, a 1:1 Bitcoin-backed token. This integration allows Bitcoin to be used beyond a store of value, enabling participation in DeFi, gaming, AI, and social platforms on Aptos. The integration follows the resolution of an SEC investigation into Stacks, clearing the path for further Bitcoin scaling advancements. Stacks' recent Nakamoto upgrade has improved its transaction speeds and block production, facilitating this new cross-chain capability.

Yesterday, The total flow for BTC Spot ETFs was $186.8 million, with $0 from GBTC and $186.8 million from non-GBTC sources.

 on Optimism’s OP Mainnet, with 185 million WCT tokens being airdropped to users. The airdrop registration opens on September 24, targeting users who engage with WalletConnect or contribute to open-source projects. WCT tokens will drive WalletConnect's governance and economic structure, initially non-transferable until 2025. The newly formed WalletConnect Foundation will oversee the protocol's transition to a permissionless structure. WalletConnect aims to decentralize further and has seen 240% growth in the past year.

Beginner

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Stacks Integrates with Aptos, Expanding Bitcoin’s Utility to dApps and DeFi

Explore our article to find out what’s the Cipher Code for today’s Hamster Kombat’s Daily Cipher Code.

, where managing your crypto exchange meets the intellectual challenge of daily Morse code puzzles. Released each day at 7PM UTC, these puzzles do more than just test your mental agility; they offer significant rewards that can enhance your strategic influence in the game.

, challenging you to decipher a Morse code each day. Successfully solving these puzzles not only boosts your coin reserves, but also sharpens your critical thinking skills, enhancing both your gameplay and strategic planning.

Today’s Hamster Kombat Daily Cipher: Sep 18, 2024

 Daily Cipher for Sep 18, 2024, is as follows:

 —•••   ••   —•   •—   —•   —•—•   • 

Ensure each Morse code sequence is entered with precision and slight pauses between letters to confirm correct execution and secure your reward.

Gain an early advantage by trading HMSTR tokens through Bybit’s Pre-Market Trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

Today's Daily Cipher and the interactive gaming activities available within 

 provide ample opportunities to boost your coin balance and deepen your engagement with the game. Each puzzle you solve not only contributes to your financial growth, but also refines your analytical skills, making every gaming session both rewarding and intellectually stimulating.

Stay tuned for daily updates and expert strategies to maintain your competitive edge in the thrilling world of 

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A Guide to Hamster Kombat's Daily Cipher Code (Sep 18, 2024)

All About P2P Platforms

Crypto

There are five different ways to buy crypto with cash: 1. Peer-to-peer (P2P) exchange, 2. Fiat deposit service, 3. Using Bybit Card, 4. Crypto ATM, 5. Buy in person

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Do you want to buy crypto with cash? If so, it's important that you first have a 

 or any other cryptocurrency. The best wallets are hardware wallets that offer ample security features. 

There are four different ways to purchase crypto with cash. You can: 

Buying Bitcoin or other cryptocurrencies with cash has several notable benefits. For one, a cash transaction gives you a considerable amount of privacy. Although using a standard crypto exchange is convenient, you don’t have to reveal personal information for identity verification in a cash purchase. Therefore, buying Bitcoin with cash instead of a credit or debit card can be safer because it keeps you from becoming a victim of identity theft. 

It’s also much quicker than completing an exchange transaction or bank transfer. A standard bank deposit usually takes around one to three business days to be completed. 

(CEXs) often require identity verification before transactions are made, which also can take a few days to weeks, depending on the exchange. A cash trade could save you a considerable amount of time. 

Four primary methods allow you to buy Bitcoin and other cryptocurrencies with cash. Keep in mind that each of these methods not only lets you buy, but also sell Bitcoin and other cryptocurrencies. 

Using a trusted exchange such as Bybit is a very secure method for buying bitcoins with cash. The platform acts as a type of escrow service that holds your money until the transaction is complete. 

You can also purchase other cryptocurrencies on the Bybit platform, such as 

. Bybit ensures safer transactions via its KYC verification. Bybit P2P Trading via the mobile app or desktop version is offered as well. 

 button on the home page, then select P2P. 

 page, you can filter your preferred advertisers after filling out the payment method, amount and fiat currency fields. The information you input depends on what transaction you'd like to complete. If this is your first time buying Bitcoin with P2P, you’ll need to create a nickname.

Select your preferred advertiser before clicking on the 

 Input the total amount of fiat you'd like to pay or the number of coins you'd like to receive, then select 

to go forward with the transaction. You'll then be sent back to the main order page, where you’ll have 15 minutes to make sure that the money is transferred to the seller's account. Once you've determined that every order detail is correct, click on 

Purchasing Bitcoin through the P2P platform on Bybit is that simple. When you’ve received your coins, you can view all the details of the transaction in your P2P asset history. It also features a 

 box where you can get in touch with the seller in real time. In addition, the customer support team is available 24/7 to assist you if any issues arise. For instance, if you don't receive your coins within 10 minutes, click on 

, and the customer support team will contact you.

2. Fiat Deposit and Balance Payment Service

Bybit also offers a Fiat Deposit and Balance Payment Service with several currency options from which to select. The various fiat currencies you can use to buy crypto include BRL, ARS, EUR, GBP and RUB. (Note that completing KYC is necessary once you reach a certain limit for some currencies.) You can easily buy Bitcoin and several other cryptocurrencies such as 

 (ADA) through this cash deposit and balance payment service.

To purchase your choice of cryptocurrency with fiat, check out the steps below (Note that you will first need to 

 In the top left portion of the navigation bar, click on 

To buy your desired crypto, follow these steps:

. Keep in mind that the reference price refreshes after 30 seconds.

Make sure all your details are correct, then click on 

 Once your transaction is complete, the coins will be deposited into your funding account after one to two minutes. Click on the 

 button to see your current balance. The status of your order can also be sent to your email.

 is ideal for making all kinds of online purchases. Since it’s a Mastercard crypto debit card, you can also use it to purchase crypto on Bybit. The funds on the card are derived from your Bybit Funding Account, so you’ll need to top up your funds with cash via the 

 option. Currently, Bybit Card accepts two types of fiat currencies: EUR and GBP.

After purchasing crypto using Bybit Card, you can easily manage your transactions via the Bybit Web or App dashboard. Note that Bybit Card has a daily spending limit of 5,000 EUR/GBP, a monthly limit of 50,000 EUR/GBP and an annual limit of 250,000 EUR/GBP. 

For hassle-free transactions, the Bybit Card can now be linked to Apple Pay. This seamless feature allows you to buy your favorite digital assets with just a tap using any linked bank card, including Bybit Card. For a limited time, you can also enjoy zero fees on transactions of 100 USDT or equivalent when using Apple Pay.

If you prefer a more traditional method to buying crypto with cash, you can use a crypto ATM. It works like a typical ATM, whereby you simply walk up to a stand-alone kiosk and insert cash or a credit or debit card. Various crypto ATMs are available, such as Ether ATMs, Litecoin ATMs, Bitcoin Cash ATMs, and — the most prevalent — Bitcoin ATMs. 

Most crypto ATMs charge fees in the range of five to ten percent of the transaction. Even though the fees are high, the ATMs typically allow you to buy crypto without going through a verification process. Although some crypto ATMs don't come with a verification process, others do. 

Below are the steps for buying Bitcoin from a Bitcoin ATM. While the process of buying Bitcoin via a Bitcoin ATM may differ slightly from machine to machine, the general steps are as follows:

While the third-party services mentioned above are effective ways to purchase Bitcoin and other cryptocurrencies using cash, you might not want to use a third-party service for this type of transaction. If that’s the case, you'll need to conduct the transaction with the seller on your own. Bybit’s P2P platform supports over 300 payment methods, with cash in-person transactions as one of the many.

Otherwise, if you have friends in the cryptocurrency industry, they may be able to help you buy Bitcoin or other cryptocurrencies with cash. You can also attend a 

 to make friends with fellow Bitcoin and crypto enthusiasts, then proceed to find a trusted person from whom to purchase Bitcoin.

As is the case with any in-person transaction, the most important thing to remember is that your safety and privacy come before anything else. Don't give the seller your real name or address. Also, don’t forget to bring your crypto wallet to verify your completed transaction.

If you want to meet with a local seller, do so in a public location that you're confident is safe. The most popular spots for these types of transactions include malls, banks and coffee shops. While there are several ways you can buy crypto in person, it's highly recommended that you use an escrow service to facilitate a smooth and safe transaction. 

If you've never used escrow before, these services will hold the crypto until the transaction is completed, after which the escrow account will send the crypto coins directly to you. Even when using this method, it's still important that you conduct the transaction in a safe and secure location. 

If you're thinking of buying crypto from a seller with whom you've never worked, select a location that has security cameras, access control and even metal detectors. As long as you maintain common sense when performing an in-person transaction, you should be able to buy crypto without issue. 

If you're interested in buying Bitcoin and other cryptocurrencies with cash, there are some pros and cons that you should be aware of before finalizing a transaction. 

As mentioned earlier, buying crypto with cash is great because of your ability to avoid a lengthy and invasive verification process. For instance, buying crypto with cash in person means you shouldn't need to provide the seller with your name or address. 

At Bybit, if you purchase crypto via its fiat deposit feature, you’ll also enjoy anonymity and privacy, if you’re purchasing fiat currencies that don't come with KYC requirements.

Another benefit of buying crypto with cash is that this type of transaction can be considerably faster than the alternatives. While a cash transaction can be completed in minutes, before you even start buying any crypto on exchanges, the identity verification process can take weeks. Even bank deposits take from one to three days. 

Even though cash is an appealing payment method for anyone who wants to buy Bitcoin and other cryptocurrencies, there are a few issues with this option. For one, your transaction amounts are limited. A majority of Bitcoin ATMs, for instance, have limits on how much money you can use during the transaction. However, with Bybit P2P trading, as long as your KYC information is verified, you can execute larger transactions.

It’s also risky to buy in person rather than through a trusted exchange such as Bybit. Using an escrow service will help mitigate this risk. 

While you can buy Bitcoin and other cryptocurrencies with cash, it's best to do so via P2P trading, which is made possible with trusted exchanges such as Bybit. Another effective solution is to purchase Bitcoin with a fiat deposit through Bybit. Buying crypto with cash is simpler than ever with Bybit, and your transactions are guaranteed to be safe and secure. Most other options aren't nearly as safe. 

Besides cash, you can also buy crypto with a credit or debit card on Bybit, which is both safe and convenient. 

Best Ways to Buy Crypto With Cash in 2024

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards