The future of cryptocurrencies looks bright as an increasing number of investors are looking for alternative investment opportunities, but many remain hesitant because of the market’s extreme volatility. Crypto10 Hedged is an index fund that allows investors to own a portfolio of the top 10 cryptocurrencies with a single token (C10) while mitigating risk and volatility through its dynamic cash hedging algorithm.
Singapore, Singapore, 26th February, 2021, // ChainWire // Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming Unifi Protocol announces the launch of Unifi Farms. The most revolutionary part of Unifi Farms is there is no staking of the liquidity token required. The public beta launch of Unifi Farms V1 will take place…
BTC/USD opened the trading session of 25th February at 49,676, and it closed above 50,500 in the first hour. Later on, until 09:00 UTC, BTC/USD was going sideways, keeping for the most time between the level of the session open and 50,500. BTC/USD took a slight dive to 49,000 between 09:00 and 10:00 UTC, with the hour’s lowest point being at 48,700 as per the CEX.IO pricing, but rebounded rather quickly in the next hour and continued upwards until 13:00 UTC, getting to 51,500.
Bitcoin was introduced no more than a decade ago, while gold has been in the investment field as far as human history goes. Despite being an ancient go-to commodity gold has been left behind by bitcoin in many aspects. Bitcoin took a boost once again, right with the start of 2021, by hitting a new all-time high of $34,000. Therefore, bitcoin is most likely to outperform gold in investment portfolios throughout the year 2021.
After 12 years of existence, it was about time for crypto to be recognized as it deserves. Step by step, blockchain technology made its way to public institutions after it conquered vendors and business enthusiasts.
Coinbase is a popular and regulated cryptocurrency exchange in the United States. Although it’s known as one of the most popular platforms for retailt cryptocurrency investors, Coinbase also helps large firms to buy BTC and invest in cryptocurrencies. According to a report from The Block, Coinbase also helped Tesla with its blockbuster $1.5 investment in Bitcoin.
February has so far been an excellent month for BNB, as the cryptocurrency climbed above $300 and registered gains of over 450% since February 1. The coin also moved up the cryptocurrency market cap rankings, and even managed to take over the 3rd place from Tether’s USDT.
Today, Bitcoin took a steep plummet as it dropped by around 19% to reach as low as $46,735. The coin has since recovered pretty quickly and is now trading back above $52,000.
You probably know about Ethereum – it’s the second-biggest cryptocurrency and its network is actively used by hundreds of thousands, if not millions of users. If you have a diversified cryptocurrency portfolio, you probably hold a few Ethereum-based tokens, as Ethereum is by far the most popular platform for projects that want to issue their own tokens.