The Crypto Round-Up
Crypto never sleeps and sometimes (often!) the crypto enthusiasts are doing the same, waiting for the best moment to buy the dip or sell at new all-time highs. Plenty of things happened in March and plenty more will happen in the next days!
Bitcoin recovered after the price drop under $50,000. After meeting support at $47,000, Bitcoin recovered and started to gather power. The growth continued and on the 13th of March, Bitcoin achieved a new ATH. The new achievement, at $61,711.87, is more important as it also breached the $60,000 resistance. According to crypto analysts, Bitcoin is now heading towards $70,000 by May/June.
The new ATH triggered massive movements on the market and huge Bitcoin buy orders. As an interesting fact, the new ATH comes exactly one year after the Black Thursday crash in 2020. One year ago, the Bitcoin value plunged to $3,274.50 and all crypto enthusiasts are happy to witness a 18x growth in 365 days
One of the easy ways and constant ways to earn Bitcoin is from OKEx daily missions. Every day there are 5 tasks to be completed that will award 250 Satoshi. The tab can be open and left idle for 60 seconds while doing something else. The reward can be claimed at 10,000 sats. To find the mission tab, clock the Menu Tab > More > Free Bitcoin.
Ethereum (ETH) is fighting to overcome the $2,042.93 ATH achieved on the 20th of February. The value surged from $1,600 to over $1,900 in the last week, sparked by the upgrade announcement. The EIP-1559 upgrade, will destroy the transaction fee, lowering the supply. The base transaction fee will burn ether tokens. Miners were angered by the proposal and tried to organize a strike.
Bitcoin Cash (BCH) brings quick and easy crypto transactions to the world by empowering the merchants and customers with low fees and reliable confirmations. This attributes will maintain Bitcoin Cash as a strong asset to hold and with many improvements planned in 2021. Bitcoin Cash is one of the coins I HODL and the one I believe will bring great satisfaction in few years. I wrote BCH is the future: My children will grow as financially independent adults and I stand with my beliefs.
Bitcoin Cash had a good week, gaining approximately 20% value, and passing the $600 resistance on the 13th of March. Global implementation and BCH awareness will make Bitcoin Cash a more valuable asset to hold. The market had a correction and BCH returned under $600 but still with a positive value achieved in March.
ADA (Cardano), the open source smart contract platform creating advance protocols, reached a new ATH. The success of the modular, layered protocol that runs on proof-of-stake consensus was possible with the constant work of the development team and the global collective of experts. Cardano value reached $1.48 on the 27th of February and this achievement was surprising as the whole market was registering heavy loses. While other top cryptocurrencies were even 25% - 30%, Cardano grew to a new record value, showing that the layered protocol is ready to upgrade the crypto ecosystem. A new growth may be expected as ADA is now available on Coinbase.
Polygon (Matic) is the rebranded name of Matic Network. The interoperability and scaling framework for building Ethereum-compatible blockchains will run on MATIC token and will provide more solutions for customized modules for developers.
The Polygon's architecture is a four-layer system composed of the Ethereum layer, security layer, Polygon networks layer, and execution layer. The ETH smart contracts will handle transitions and communication between the various Polygon layers, chains and Dapps. The Polygon (Matic) value started to grow after the rebranding. From a value between $0.11 and $0.13, reached a new ATH at $0.495416. The current price stayed close to the record value achieved on the 12th of March.
The Crypto-Opportunities
March was an active month for all kind of airdrops, NFT offers and all kind new entries into the Crypto Ecosystem. There are still some opportunities to grab some bounties, depending on everyone's interest.
Cub Finance launch was the highlight of the month. The new DeFi yield farming platform provided amazing APY in the first days and being powered by Leo Finance made it reach record TVL in such a short time. The $CUB value surged to $13 and returned to values of $3-$4 after the hype was gone. I will hold my CUB and wait for the project to follow it's natural course and evolve beyond any expectations. Since the launch of Cub Finance, I power farmed X cub tokens. If you want to know more about it read The Cub Finance Guide: Review, Staking and Claiming the Cub!
DeFiChain (DFI) keeps growing to new heights. The farming platforms constantly added new features and the Freezer is the newest tool where users can stake crypto assets. I am so glad I joined in December, when the value was $1 and received over 30 $DFI as a bonus when I joined CakePool. The referral system is amazing, the only catch is that the DFI reward will be locked for 6 months. That's not the issue as my frozen DPI grew three times in 2021.
Elrond's Maiar wallet is benefiting from Elrond's hypergrowth. There are over 400,000 Elrond users and the value of Elrond Gold (eGLD) will only grow as the fixed supply will create more demand. Maiar unique features are the herotag, 100% of referrals commission as a reward $10 cashback for new users. The herotag can be used on all Elrond related websites and promotion, and I used my one on Twitter tasks and earned eGLD. Every new user will get $10 cashback when buying $200 worth of eGLD while the referrer will be rewarded with 100% of the commission. At the moment you can buy 1.5 eGLD with $200 but soon will be less than that.
Alice farming on Binance Launchpool is available until the 8th of April by staking BINANCE Coin (BNB), Chromia (CHR) and Binance USD (BUSD). You will need a Binance account to be able to farm. My Neighbor Alice is a NFT blockchain game where players can buy, own and build on their virtual island. The game creates a hybrid environment for gamers and NFT traders and collectors and the land (islands) can be bought from Alice or from the Market with the ALICE token, the main currency in the game. I keep farming ALICE with on Binance, and I made a nice profit when it was listed by selling the stash I harvested until then.
Resources:
OKEx daily missions
My Neighbor Alice Game, ALICE token and the Binance Launchpool
The Cub Finance Guide: Review, Staking and Claiming the Cub!
BBC enters the NFT Arena: Doctor Who Worlds Apart
BCH is the future: My children will grow as financially independent adults
Residual Income:
PVMihalache Amazon Books
DeFi bounty at CakeDeFi with $30 DFI for new users
The fountains: PipeFlare ZCash, GlobalHive ZCash & Get.ZEN
Publishing bundle: Publish0x, ReadCash, LBRY & Presearch
