Bitcoin Group Sees Potential for Record Highs Amidst Crypto Optimism

10.02.2024 20:07 78 times read Reading time: 2 minutes 0 Comments

Bitcoin Group Exclusive: "New high for Bitcoin possible"

In an insightful article by DER AKTIONÄR, the possibility of a new high for Bitcoin is discussed. The parent company of the crypto pioneer Bitcoin.de, Bitcoin Group, is seeing significantly more positive activity among their over one million customers since the beginning of the year. Marco Bodewein of the Bitcoin Group shares that despite fewer institutional investors than hoped for and the upcoming halving in April 2024, a new peak in the value of Bitcoin this year is still quite conceivable.

Furthermore, DER AKTIONÄR emphasizes how Bitcoin Group intends to assert itself against new competitors. The company is relying on the eBay principle instead of the stock exchange trading model and emphasizes advantages such as Made in Germany as well as custody and licensing within Germany. Another underestimated participation of the group, according to the report, is Futurum Bank, which is aiming for partnerships with major banks – a trend in the industry towards more openness to crypto services.

The Best Mining Providers at a Glance

» Infinity Hash

From our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.

» Hashing24

A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.

This Coin Could Massively Benefit from the Upcoming Bitcoin Halving

finanzen.net reports on a potential beneficiary of the next imminent Bitcoin Halving - an event that occurs every four years and during which the reward for miners is halved. This traditionally leads to a reduction in supply and has historically often had a positive impact on the price of BTC.

Presented is the project "Bitcoin Minetrix," which aims to make cloud mining more accessible through tokenization. By staking BTCMTX tokens, users can purchase mining capacities without the need to provide hardware or technical know-how themselves. The pre-sale of this project already shows strong interest among investors; significant amounts have been raised just days before the next price increase.

Bitcoin: More Bullish Than Ever! 5 Reasons for BTC - Business Insider

On Business Insider Deutschland, five bullish arguments are presented for a positive development of Bitcoin:

  • Continuing high acceptance rate among institutional investors,
  • growing mainstream acceptance,
  • persistently low-interest-rate policies of major central banks,
  • progress on the regulatory framework worldwide,
  • and the increasing use as a means of payment in everyday business.

Your opinion on this article

Please enter a valid email address.
Please enter a comment.
No comments available
...
The best stock exchanges in comparison

We have compared the best crypto exchanges for you. Just take a look at our free crypto exchange provider comparison.

...
Already thought about the tax for your coins?

We have compared the leading crypto tax tool providers for you. Check out our free crypto tax tool provider comparison.

The Best Bitcoin Mining Providers at a Glance

» Infinity Hash

From our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.

» Hashing24

A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.

Top 10 most read posts

ico-vs-ipo-which-is-the-better-investment

ICO vs IPO: Which is the Better Investment?

Introduction: Understanding ICO and IPO Before delving into the difference between ICO and IPO, it's crucial to understand what these terms...

mastering-technical-analysis-for-bitcoin-trading

Mastering Technical Analysis for Bitcoin Trading

Introduction to Technical Analysis for Bitcoin Trading Trading in the cryptocurrency world, particularly Bitcoin, requires careful decision-making and strategic planning. One...

bitcoin-s-rise-and-fall-historical-analysis

Bitcoin's Rise and Fall: Historical Analysis

Introduction: Bitcoin's Dynamic Journey Bitcoin, the world's first and most recognized digital currency, is often the subject of dramatic headlines, featuring...

understanding-icos-risks-rewards-and-regulations

Understanding ICOs: Risks, Rewards, and Regulations

Introduction to ICOs Initial Coin Offerings, often shortened to ICOs, are an increasingly popular method of fundraising for new projects in...

investment-tips-for-the-budding-crypto-millionaire

Investment Tips for the Budding Crypto Millionaire

Introduction: An Insight into Crypto Investment If you're venturing into the promising world of cryptocurrencies, a solid investment strategy can be...

unraveling-the-mystery-of-bitcoin-a-beginner-s-guide

Unraveling the Mystery of Bitcoin: A Beginner's Guide

Introduction to Bitcoin So, you've heard about this buzzword - Bitcoin. What is it exactly? And why is it becoming such...

top-10-icos-to-watch-in-2023

Top 10 ICOs to Watch in 2023

Collateral Network (COLT) Collateral Network (COLT) is a next-generation decentralized lending platform that leverages blockchain technology to facilitate secure and efficient...

how-to-build-a-diversified-crypto-portfolio-a-step-by-step-guide

How to Build a Diversified Crypto Portfolio: A Step-By-Step Guide

Introduction: The Importance of Diversification Investing in cryptocurrencies can be both exciting and rewarding. However, it's crucial to remember that the...

the-role-of-cryptocurrencies-in-venture-capital-a-new-frontier

The Role of Cryptocurrencies in Venture Capital: A New Frontier

Introduction - Understanding Cryptocurrencies and Venture Capital As technology evolves, so does our understanding of what makes a valuable asset. The...

blockchain-s-potential-beyond-cryptocurrency

Blockchain's Potential Beyond Cryptocurrency

Introduction: Blockchain's Potential Beyond Cryptocurrency When we hear the term "blockchain," most of us instinctively think of cryptocurrencies like Bitcoin and...