Best Crypto Stocks to Invest In
There’s no running away from the fact that bitcoin has evolved as the most popular cryptocurrency in the world due to the spark in its prices. Especially when the COVID 19 hit the world last year, many investors went berserk over this option. Because digital currency has a major moment right now, people are going gaga over the available options.
The reason why bitcoin has become such a thing is that its price has continued to show an impressive increase in the last few years. Bitcoin that had once fallen below $30,000 in April has finally assumed a successful roller coaster ride of $64000 after much demand. Regardless of what one has to say, cryptocurrency is here to stay and will continue to have a profound impact on several economies across the globe. Here, in this feature, we will shed light on some of the best crypto stocks to invest in these days:
CME Group Inc.
It is a financial derivative exchange firm that is actively involved in offering cryptocurrency trades. However, the firm announced that the Micro Bitcoin futures had already exceeded by over 100k, which was large enough for a company like this. Tim McCourt, the global head, has already said that the company is actively engaged in selling cryptocurrency stocks and is bound to witness massive growth in the future. If you don’t know, CME Group’s one of the biggest exchanges globally and is a very safe bet for everyone out there.
It is famous for being the most appreciated payment making firm in the world. It has collaborated with Gemini Exchange for those people having up to 3% back on their qualified purchases. The company shares have already been sold to a staggering number of people and continue to be topical globally. According to recent resources, 19% of the company shares are already out there in public. Therefore, MasterCard Incorporated is yet another major cryptocurrency stock to invest in.
Marathon Digital Holdings, Inc.
It is a technology company that is heavily focused on mining cryptocurrencies. Thankfully, it has shown interest in various other assets too. The company is already hands-on with its plans to collaborate with Russell 2000, which is an index measuring of small-cap companies. The CEO of the company has said that the index can easily improve the visibility to investors. A few months back, the firm announced that it had already mined over 226 bitcoins and would continue to work on them for a long time. Right now, the total count of the coins mined stand concrete at 5518, which is worth $203 million right now.
So now that you have understood the importance of cryptocurrency, you must consider investing in it. As the world has penetrated the digital age, the need for e-currencies has become imperative. It is hard to say if cryptocurrencies will ever get wiped off. Because they are the safest option for transactions online, this option is here to stay. Hadn't it been for crypto currency, many firms would have never seen the light of the day. Let’s see what the future unfolds for everyone in terms of cryptocurrency.
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