It seems as though the latest and greatest altcoin projects of the present day appear to promise to be the altcoin project that will overthrow Ethereum, solve the scalability and security issues plaguing the broader blockchain technology industry. And yet, here we are in 2020 and Ethereum is still holding strong thanks to the continued innovation of those working on the Ethereum blockchain.
Larry Fink is the CEO of BlackRock, the world’s largest investment management firm with over $7.4 trillion USD in assets under management. Fink believes Bitcoin has a real shot at becoming a global asset and goes on to say that Bitcoin has “captured the imagination…” of investors.
It’s official! Ethereum 2.0’s Beacon Chain is launching. At the time of this writing, more than 675,000 Ethereum tokens have been deposited to the Ethereum 2.0 staking contract with the average balance of an Ethereum address being 32.01 Ethereum tokens, according to BeaconCha.in.
Central Bank Digital Currencies (CBDCs) are cryptocurrencies that exist on the blockchain, but they do not decentralize wealth and authority the way Bitcoin and traditional cryptocurrencies do. That’s why it may be wise to not pour your capital into CBDCs. As your cryptocurrency investing journey continues, you’ll want to develop this as your principal philosophy for protecting your value and privacy.
Stablecoins are undoubtedly becoming more popular as safe haven investments within the crypto world affording progressive investors with the ability to stay in the market without having to go back to fiat currency or risk losing capital due to volatility or a steep decline. But there is another reason the future of stablecoins is bright. It’s because the whole concept proves that pegging a cryptocurrency to a real-world asset is a viable endeavour.
Cameron and Tyler Winklevoss, the billionaire identical twin duo that seems to be forever bullish on Bitcoin suggest that even with the price being where it is, there is still room to earn 25 times your investment and that Bitcoin will almost certainly be more valuable than gold and reach a total market capitalization of over $9 trillion.