In a recently published report, Ark Invest discussed Bitcoin and the potential prices it could reach in the future if more institutional investors enter the market. According to Ark Invest, if S&P companies allocate 1% of their funds to BTC, its price will ascend by around $40000. The report goes further and talks about 10% of the institutional investors’ cash, and it claims that it could add $400,000 to the Bitcoin price.
Famous billionaire investor Mark Cuban seems to have accidentally disclosed the contents of his Ethereum wallet. The wallet contains many ERC-20 tokens, some with very low market caps. After the revelation, he jokingly said: “I definitely own my fair share of shitcoins”. “Shitcoin” is a term used in the cryptocurrency community to jokingly describe low market cap cryptocurrencies.
The end of January 2021 was marked by the amazing uprise of retail investors who organized themselves on the r/WallStreetBets (WSB) subreddit. Their goal was not to make as much profit as they could, but to stick it up against major players on the financial markets, such as big hedge fund managers.
Feeling comfortable with making a Bitcoin or altcoin purchase, setting up a cryptocurrency wallet, and even finding trustworthy information can seem like a high barrier to overcome when first starting out. Keep in mind that every person involved with crypto was at one point in a similar position – a novice looking to improve his or her knowledge.
Over the past few years, cryptocurrencies, specifically Bitcoin, were in rightful contention for the title – word of the decade. While that may have gone by the wayside, there is no doubt that digital coins marked the second half of the past decade and are slowly changing the world.
Ethereum is one of the popular choices among crypto enthusiasts, and many users and analysts are bullish about the future of its native asset ETH. These days, Ethereum price predictions are a hot topic, and many analysts are sharing the thoughts of what the ETH markets will look like in the future. Some of these analyses are backed with plenty of research, while others take a more speculative approach.
Chainlink (LINK) is a popular project in the crypto space, which has attracted a significant number of investors. This is evidenced by the fact that LINK is the 7th largest cryptocurrency on the market today, and has a market cap of around $9 billion. Chainlink had an outstanding performance in 2020, and now many crypto fans are interested if it can perform similarly this year as well.
As we enter Week 4 of year 2021 you are probably asking yourself what to expect of this week. In times where Bitcoin is still slowly recovering from its sub-$30,000 plunge and Ether seems to have topped out at around $1,400 there are seemingly not so many investment opportunities. However, in reality, you do not have to scroll too far down the list of top cryptocurrencies by market capitalization to find some projects that are set to benefit from the increased attention and updates deployed this week.
For many cryptocurrency users, privacy is of the utmost importance – as surveillance technologies continue to evolve and spread, users need equally powerful tools to preserve their right to privacy. And while Satoshi Nakamoto started a revolution in 2008 with the invention of Bitcoin, others have built on his work and created new types of blockchains that provide much stronger privacy protections for their users.