In 2020, with employment dropping because of the pandemic, people started looking at extra sources of passive income. And DeFi with its fast-paced ecosystem fell under the spotlight of many investors looking to farm, stake and lend their crypto. Through the period from September 2020 to almost the https://ftb.fund/ end of the next year, the total-value-locked bubble was growing bigger and bigger, eventually reaching the record $90-billion mark in November 2021. If, while browsing the crypto market, you see prices quickly going up, pay attention, since it might be the beginning of the next Bitcoin bull run.
Of course, this time around there’s a lot more FUD being spread than in 2017, as a lot more institutional investors and people like Elon Musk have gained control of the market narrative. “It indicates Coinbase whales who might be institutional https://ftb.fund/crypto-trading-guide-what-is-bull-run-meaning/ investors or high net-worth individuals are buying bitcoin.” The total market value of cryptocurrencies rose above the $2 trillion mark last month as bitcoin continued to climb along with other coins such as cardano, XRP, and dogecoin.
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As a result, what was a risky investment became even riskier, and many holders transferred their assets into other industries. With the potential of an upcoming Bitcoin bull run in 2022, users are looking for the next best investments. Since users cannot predict when the crypto bull run will end, we recommend TamaDoge as the best crypto asset to buy and hold now. The $50M investment and the wide network of partners reveal Crypto Snack’s long-term growth potential.
First China banned crypto mining in several inland provinces, sending the price plummeting. Regulatory bodies banning the regional exchange from offering regulated services and both Japan and Hong Kong issuing warnings and restrictions with regard to trading through Binance. Since the epic bull run that took place earlier this year, with prices reaching just shy of $65,000, the Bitcoin market has been relatively quiet. Trading within the $30,000 – $40,000 range for a couple of months, the BTC price hit a high of $40,671 on 15 June and a low of $29,553 on 21 July.
- This, unfortunately, was short-lived as the price dropped to around $530 a month later.
- The market cap fell as low as around $1.3 trillion over last weekend.
- He currently writes for several SA and overseas journals on matters ranging from mining to investment.
- Despite what you’ve heard, there’s still plenty of room for profit in trading digital assets.
- The retail crowd has either lost interest or is still in disbelief mode.
- If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned.
Do not miss out on this unique opportunity as crypto prices tend to spike quickly and catching such tokens early on is often a good idea to take full advantage of the next crypto bull run. Following the tough conditions of last month, the crypto markets appear to be recovering, with Bitcoin leading the rally. Some market watchers asserted that the gains of last weekend lacked a concrete foundation and would be dumped shortly.
Bitcoin May See Bullish Boost From Stock Market Success, Added Stimulus
Let’s see what other analytics platforms say about the future of your favorite coin. Foobar swears by the maxim, “Enough crypto to be happy if it goes up, and enough elsewhere to survive if it goes down.” The industry often feels like a fast-moving Netflix show, and it’s so easy to get carried away and lose sight of other things in life. Although some major companies such as crypto exchange Coinbase have gone as far as rescinding offers at the last minute, many are still hiring. Passively researching projects isn’t the only option available to those interested in crypto.
For crypto enthusiasts that aren’t really into trading competitions, there’s always the opportunity to participate in Trivia on the Block. This is Phemex’s reoccurring trivia game that provides users with financial rewards and sparks community engagement. Government regulators around the world are constantly considering how to create policies that promote greater transparency within the world of cryptocurrency investing.
MATIC has increased from $0.41 on July 1st to $0.91 since July 22, 2022. Users can enter the main draw by purchasing a minimum of 5 tickets in LBLOCK – which equate to $1 per ticket. LBLOCK started trading in January 2022 and delivered a return on investment of more than 1,100% within 2 weeks. TheLucky Block project is a platform offering NFT-based competition rewards to users. Lucky Block conducts a weekly main draw and NFT draw every Friday, with rewards reaching up to $50,000. Prizes include everything from PS5 consoles to luxury cars and watches.