The largest cryptocurrency, Bitcoin (BTC), has increased by more than 4 percent in the last week. BTC reached an all-time high of $73,000 last month, entering bullish territory above the 200-day simple moving average (SMA). The average, which is an important indicator of long-term trends, is also increasing rapidly, indicating a strong upward momentum.
In the past, the strongest phases of bull markets have occurred before the 200-day simple moving average rises to new highs. It is said that a new one will be added to these peaks after the fourth halving on April 20. Alternatives to Bitcoin, which is around $66,400 as of the time this news was written, also attract attention. For this reason, we have discussed two Bitcoin alternatives that can pump below.
Last Chance to Join Bitcoin Minetrix (BTCMTX) Project
Bitcoin Minetrix brings a new perspective to Bitcoin mining with its innovative stake-to-mine model for mining. To access Bitcoin cloud mining, users can purchase Bitcoin Minetrix tokens and stake them in exchange for non-tradable ERC-20 tokens that can be burned for mining power.
This method facilitates Bitcoin mining, which often requires expert-level technical knowledge, costly hardware and large power consumption. By staking Bitcoin Minetrix, users can easily enter the lucrative world of Bitcoin mining without long commitments or complex contracts.
According to the Bitcoin Minetrix whitepaper, the platform also prioritizes end-user control. If users decide to quit, they can withdraw their BTCMTX tokens and sell them at market prices after completing the minimum staking period. This is in contrast to traditional mining contracts, which tend to lock users’ funds.
Investors can secure tokens at a discounted price during the Bitcoin Minetrix pre-sale. The finish line is approaching in the pre-sale event, which has raised over $13 million so far. There are only 5 days left until the end, but intense Bitcoin Minetrix token purchases continue.
The pre-sale event will end on April 28, 2024 at 15.00 CET. Tokens can be claimed on April 30, 2024 at 13.00 CET.
Bitcoin Halving came and went on April 20, 2024. Bitcoin miners’ rewards have been halved. This also means that the amount of new Bitcoin entering circulation has dropped by 50 percent.
This decreasing export rate has the effect of creating shortages and increasing demand. Generally, in each Bitcoin halving event, the Bitcoin price rises in the following months after a short decline. Experts see a knock-on effect on tokens affected by the Bitcoin price, such as Bitcoin Minetrix.
The team also announced a $30,000 minedrop with 10 rewards worth $3,000 to be distributed to token holders. For investors who want to participate in the project at a discounted price, the window is starting to close. That’s why it’s recommended to act quickly.
Cryptocurrency Education Platform 99Bitcoins Comes as a Reliable Alternative to Bitcoin
99Bitcoins (99BTC) has reached a milestone on the road to Web 3.0 with the Bitcoin halving. 99Bitcoins first appeared in 2013 as a simple website offering instructions on how to buy Bitcoin with PayPal. With nearly 700 thousand YouTube subscribers and more than 2 million registered users, the platform has since become a trusted source of information.
Following a major dispute with PayPal, the website was largely rebranded and has remained the go-to resource for crypto newbies ever since.
With its innovative learn-win approach, 99BTC can be purchased through an initial coin offering (ICO), which raised over $730 thousand in its pre-sale. This new method hopes to significantly change the way users interact with teaching materials by providing incentives for further study. Interested investors simply follow the instructions on the website to purchase 99Bitcoins tokens.
For today’s tech-savvy youth, learning about cryptocurrencies has never been more fun and rewarding than 99Bitcoins’ gamification and leaderboard rewards system. As users progress through multiple modules, exams and lessons, they can access more courses and earn higher rewards.
There was a lot of positive momentum in the cryptocurrency ecosystem after the last Bitcoin halving, which took place on April 20, 2024 and cut the mining incentive in half. In the past, this has been a sign of positive trends. This is seen as great news for 99Bitcoins and other platforms trying to make money from investing with the increasing interest in the cryptocurrency market.
Among the many benefits that token holders can look forward to are rewards on Ethereum, VIP community groups, trading alerts, and exclusive trading webinars. In honor of its debut, 99Bitcoins launched a significant airdrop providing $99,999 worth of Bitcoin to early backers. Tasks required to earn airdrops include simple actions such as registering on the platform’s website, following and subscribing to social media channels.
Disclaimer: This is a sponsored content and press release, and what is written here does not reflect the views of the Kriptokoin.com team. High risk of loss should be taken into consideration in leveraged transactions and cryptocurrency investments, and extensive research should be done before investing in any platform. To be instantly informed about the latest developments, contact us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!