The announcement of Tesla’s $1.5 million investment into Bitcoin provided the perfect kick-off to what appears to be a rather eventful week on the cryptocurrency markets. Even if we leave Bitcoin’s interesting price action aside, there are still plenty cryptocurrency projects deploying new features and upgrades and trying to make the most off this bull market. Three such projects are featured in our this week’s selection of top 3 coins to watch.
The past year has taught us a lot. For example, a stable job may not be steady at all. The usual way of life can change in just a week, and a seemingly risky investment activity can exceed the stability indicators of the most ordinary work. One thing we understood for sure – there should be many sources of income and, preferably, in various areas to avoid losses simultaneously in all directions in the event of a global crisis.
PointPay is one of the most promising cryptocurrency start-ups of 2021 which currently conducts token sale with PXP token (ERC-20) and enables its clients to earn up to 30% yearly with PXP tokens on the Savings account in PointPay Crypto Bank. PointPay is operating since 2018. What have they developed for three-year period?
Three years ago, Bitcoin almost reached record highs and this year, it beat these records. The rally has been spectacular, and many experts claim that this is just the beginning. And it’s never too late to join crypto.
BTC/USD started off Thursday, 4th February, at 37,658.5. The pair rose above 38,000 in the first two hours and took a bit of a downside retracement to 37,537 between 02:00 and 04:00 UTC.
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.
Bitcoin is the world’s highest profile cryptocurrency, and while many are using it as an investment opportunity, it is also entirely possible to buy and sell goods and services with it as well.
The CEO of leading asset exchange KuCoin has written an open letter to the community, reflecting on the events of 2020 and outlining the company’s roadmap for the future.