In a press release, the company announced that it would be donating to the Summer of Bitcoin 2022 course which is expected to introduce Bitcoin to university students.Įthereum has also been a standout star as the second most valuable digital asset has rallied a whopping 434.62% year-to-date (YTD) with a 12-month increase of 542.98%.ĭespite being bugged by high gas fees and network congestion issues, the foremost smart contract network has remained the premier destination for much of the recently evolving decentralised economy.Įthereum’s sustained success largely follows a slew of major crypto market movements that have seen the likes of decentralised finance (DeFi), non-fungible tokens (NFTs), the Metaverse and other sub-sectors gaining remarkable adoption in the past year. One such is by star actress Gwyneth Paltrow who has recently invested in Bitcoin mining firm Terawulf Inc to enable zero carbon-energy crypto mining.Īlso, North American self-ming Bitcoin company Marathon Digital Holdings is taking Bitcoin and blockchain technology to the masses. In terms of fundamentals, Bitcoin has seen remarkable adoption. However, the long term outlook for BTC is positive as the premier digital currency is trading above the 200-day MA price of $47,321.75 The premier digital asset is on a bearish run and trades below the 20-day moving average (MA) support price of $48,403.77. Given the close association with the broader crypto market, large market cap, and deflationary tendencies, Bitcoin remains a priority asset for many who seek to protect their wealth against fiat devaluation.Īt press time, the crypto bellwether is in the red zone as Bitcoin is down 1.37% and is trading at $48, 290.66. Bitcoin is the preferred digital currency for several institutional investors who consider adding virtual assets to their balance book. Bitcoin (BTC)Īlthough Bitcoin seems to have reached its apex in November 2021, the premier digital asset is still one of the best coins to invest for strong returns. This article will explore some key crypto projects that can yield good profits as 2022 starts. However, several investors are still searching for the top coins to invest for strong returns given the stiff competition in the crypto market. The crypto market has come a long way following large-scale adoptions in the past year. Join Our Telegram channel to stay up to date on breaking news coverage
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |