April 29, 2024

Bitcoin has become the main global trend overtaking Apple and Amazon

Bitcoin has become the main global trend overtaking Apple and Amazon

Cathie Wood, founder of the investment company ARK Investment, believes that the Bitcoin phenomenon is much moremore significant than Apple or Amazon.

ARK Investment CEO Sees Big Financialpotential in cryptocurrency # 1, marking its “complete decentralized nature”. Bitcoin has become a "pioneer" in the world of digital assets, and "institutional companies are investing more and more in digital assets, and, of course, especially in the # 1 cryptocurrency, since it operates on the most reliable blockchain of all blockchains."

Wood also noted that the change in the price of bitcoindoes not correlate with any other financial asset. This means that cryptocurrency # 1 "allows you to significantly diversify the investor's portfolio and thereby increase its profitability while reducing the level of overall portfolio risk."

She confessed that she was surprised how institutional investors started investing in bitcoin:

“Look, MicroStrategy invests in bitcoinsfunds from its balance, Square invests 1% of its assets in this cryptocurrency. Investment fund MassMutual invested $ 100 million in bitcoins. "

The MicroStrategy phenomenon is truly remarkable.So, at the beginning of the week, the company acquired another 295 bitcoins, paying about $ 10 million. As a result, MicroStrategy now has 71,079 thousand bitcoins on its balance sheet, with an average purchase price of $ 16.1 thousand per unit. The head of MicroStrategy is confident that the price of cryptocurrency # 1 will continue to rise in the long term.

It is worth noting that the number oflarge investors in bitcoins, and the volume of reserves of these digital assets on crypto exchanges is now at its lowest level since mid-2018. Meanwhile, Michael van de Poppe, a trader at the Amsterdam Stock Exchange, believes that it is important for bitcoin to gain a foothold above the $ 35,000 mark (at the beginning of February 4, cryptocurrency # 1 was trading at $ 36.76 thousand). At the same time, the next important levels are 38 thousand and 40.5 thousand dollars.

Where is it more profitable to buy bitcoin? TOP-5 crypto-exchanges

For a safe and convenient purchase of cryptocurrency, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that supportDeposit and withdrawal of funds inrubles, hryvnias, dollars and euros.

The most reliable platforms with the largest cash turnover have been for several yearsthe largest cryptocurrency exchange in the world is Binance.Binance is the most popular crypto exchange in the CIS, as it hasmaximum trading volumes and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

# Cryptocurrency exchange Official site Site evaluation
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.5
3 Exmo https://exmo.me 6.9
4 Yobit https://yobit.net 6.3
5 OKEx https://okex.com 6.1

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Bitcoin has become the main global trend overtaking Apple and Amazon

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