HEX averages 30% APY interest recently. HEX virtually lends value from stakers to non stakers as staking reduces supply. Launch ends Nov. 19th when HEX stakers get credited ~200B HEX. HEX's total supply is about 400B.
HEX is designed to surpass ETH, which did 10,000x price in 2.5 years. It's working! So far, HEX's USD price went up 263x in 301 days. HEX is more secure, faster, cheaper, better for the environment, has more features and addresses a larger market than Bitcoin. So far, HEX's price
Millionaires FOMO: 73% Will Own Bitcoin by 2022, Survey
Millionaires FOMO: 73% Will Own Bitcoin by 2022, Survey
Hundreds of millionaires have revealed in a new survey that they have either already invested in bitcoin or are planning to invest in the cryptocurrency in the next couple of years.
Millionaires Don’t Want to Miss Out on Bitcoin
A new global poll by Devere Group shows that 73% of millionaires will invest in cryptocurrencies, such as bitcoin, ethereum and XRP, before the end of 2022 or are already investing in them. The findings came as the price of bitcoin rallied past $18,000.
Devere Group is a large independent financial advisory firm. The group asked more than 700 of its high net worth clients — those having more than $1 million in investable assets — who currently reside in the U.S., the U.K., Asia, Africa, the Middle East, East Asia, Australasia, and Latin America.
“The price of bitcoin is up 125% year-to-date, making it once again one of the best-performing assets of the year,” commented Devere Group founder and CEO Nigel Green, elaborating:
As the survey shows, this impressive performance is drawing the attention of wealthy investors who increasingly understand that digital currencies are the future of money and they don’t want to be left in the past.
The group conducted the same survey last year and found that 68% of millionaires were either going to invest in cryptocurrencies in the next couple of years or already invested.
Green explained that he has no doubt the high net worth clients polled “have seen that a major driver of the price surge is the growing interest being expressed by institutional investors,” including some of the largest Wall Street banks, “who are capitalizing on the high returns that the digital asset class is currently offering.” The Devere CEO further added that Paypal is now offering a cryptocurrency service, allowing customers to buy, sell, and hold bitcoin. Recently, several famed hedge fund managers, including Bill Miller, Stan Druckenmiller, and Paul Tudor Jones, said bitcoin has the potential to outperform gold.
In addition, Green emphasized that investors are attracted to bitcoin as a “legitimate hedge against longer-term inflation concerns” due to stimulus packages promised by major governments and central banks worldwide. He detailed:
These emergency measures, like the massive money-printing agenda, reduce the value of traditional currencies like the dollar.
Green continued by outlining a number of attractive characteristics of cryptocurrencies. Firstly, he said, “they’re borderless, making them perfectly suited to an ever globalized world of commerce, trade, and people.” Secondly, “they are digital, making them perfectly suited for the increasing digitalization of our world.” He additionally noted that “younger people are more likely to embrace them than older generations.” The Devere CEO concluded:
High net worth individuals are not prepared to miss out on the future of money and are rebalancing their portfolios towards these digital assets.
Do you think all millionaires will own bitcoin? Let us know in the comments section below.
Ihsaan Fanusie Sat, June 5, 2021, 3:03 AM · 2 min read AMC -6.68% TSLA +4.58% BTC-USD -1.79% ^GSPC +0.88% Investors should be wary of predicting a decline in earnings, BMO Capital Markets Chief Investment Strategist Brian Belski said this week, even as some analysts worry that the market's rebound could be showing signs of wear. Despite high earnings per share (EPS) growth throughout 2021, Belski does not believe the data supports a dropoff or turning point in the near future, he told Yahoo Finance Live in an interview on Wednesday. First, Belski says, analysts have been too pessimistic with earnings projections. “The secular trend of analysts really being too negative on earnings [is] really setting [them] up to under promise and over deliver,” Belski said. Additionally, the reopening of the economy may give rise to further difficulties in predicting peak earnings. “The economy is just now opening up. And we think that numbers, when you add all that up, could be too low,” he sai
Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x On Wednesday, November 18, 2020, the price of bitcoin has been coasting along at levels not seen since the decentralized currency’s all-time high three years ago in 2017. The cryptocurrency’s market capitalization is currently hovering at around $334 billion today. Likewise, the daily rate of bitcoin issuance during the last three years makes the overall market valuation higher than it was when bitcoin touched $19,600 per coin. Earlier this morning (EST), bitcoin (BTC) had surpassed the $18k per unit price zone, as the crypto asset has climbed a whopping 54% during the last 30 days. During the last 90 days against the U.S. dollar, BTC is up 53% and over the last 12 months against USD, the cryptocurrency is up a massive 123% to-date. Three years ago, bitcoin touched an all-time high of $19,600 on Bitstamp, but because of the three years of bitcoin issuance from miners, BTC ’s market cap is
The foundation for our digital future Ethereum is open to everyone. All you need is a wallet to take part. Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today. Ethereum 101 Ethereum is a technology that lets you send cryptocurrency to anyone for a small fee. It also powers applications that everyone can use and no one can take down. It's the world's programmable blockchain. Ethereum builds on Bitcoin's innovation, with some big differences. Both let you use digital money without payment providers or banks. But Ethereum is programmable, so you can also use it for lots of different digital assets – even Bitcoin! This also means Ethereum is for more than payments. It's a marketplace of financial services, games and apps that can't steal your data or censor you. So step into t