Believe it or not, bitcoin has become a good long-term investment
Smart investing is about balancing risk and reward. Typically, when analyzing potential pluses and minuses, financial professionals consider the fundamentals: How has the investment performed over time? What are the market trends?
Do the company valuations look strong?
Until recently, as an investment, bitcoin has had unique and pronounced risks, but that's changing, with new rules and regulations that have spurred wider institutional adoption.
Throughout its 12-year history, the world's most valuable cryptocurrency has faced extreme volatility, with prices rising and falling as much as 10% on any given day — reaching an all-time high of more than $41,000 earlier this month. Beyond wild price swings.
NEWS-SOURCE
Cryptocurrency is taking over more reason to watch out for the upcoming launch of the Algobit DeFi platform token and position yourself for the biggest financial movement of the year.
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Get ready for Apple’s first $100 billion quarter in history
Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark. Apple released its iPhone 12 models toward the middle of the December quarter, but the devices are still expected to help power the company to a quarterly revenue record.
Even a pandemic can’t stop Apple Inc. from hitting new records.
The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.
Apple’s AAPL, +1.61% fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October. Though Apple faced supply constraints on some models, the debut of Apple’s first 5G-enabled phones has arguably been the company’s most successful product launch in five years, in the view of Morgan Stanley analyst Katy Huberty.
NEWS-SOURCE
Many companies are creating huge revolutionary concept globally and ALGOBIT DeFi is working towards delivering a complete decentralized financial system that will benefit all users and holders of the Algobit Token.
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Craig Wright's lawyers ask two websites to take down the Bitcoin whitepaper
Craig Wright, the self-proclaimed creator of bitcoin, has sent legal notices to two websites to take down the Bitcoin whitepaper.
Bitcoin.org and Bitcoincore.org were sent the notices on Wednesday, Bitcoin contributor "Cobra" said in a blog post published Thursday.
Cobra said Wright's lawyers claim that he owns the copyright to the paper and is the original owner of bitcoin.org.
This is not the first time Wright has made such claims. In 2019, he made at least two attempts to claim copyright and authorship of the Bitcoin whitepaper.
Bitcoin.org has refused to remove the whitepaper, while Bitcoincore.org surrendered.
NEWS-SOURCE
Algobit will repeat same history as bitcoin and early supporters will tend to benefit due to there contribution and usage of the platform with only $150 to kickstart a journey into financial wealth.
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Craig Wright's lawyers ask two websites to take down the Bitcoin whitepaper
Craig Wright, the self-proclaimed creator of bitcoin, has sent legal notices to two websites to take down the Bitcoin whitepaper.
Bitcoin.org and Bitcoincore.org were sent the notices on Wednesday, Bitcoin contributor "Cobra" said in a blog post published Thursday.
Cobra said Wright's lawyers claim that he owns the copyright to the paper and is the original owner of bitcoin.org.
This is not the first time Wright has made such claims. In 2019, he made at least two attempts to claim copyright and authorship of the Bitcoin whitepaper.
Bitcoin.org has refused to remove the whitepaper, while Bitcoincore.org surrendered.
NEWS-SOURCE
Algobit will repeat same history as bitcoin and early supporters will tend to benefit due to there contribution and usage of the platform with only $150 to kickstart a journey into financial wealth.
REGISTRATION-LINK
Pay attention' — Grayscale adds 18x the Bitcoin mined supply in one day
Bitcoin worth $600 million gets taken off the market as BTC/USD struggles to cement support for a retest of $40,000. Asset manager Grayscale added 18 times more Bitcoin (BTC) than miners added to the supply in just one day on Jan. 18.
As various data sources confirm, Grayscale, which remains the biggest institutional buyer in the Bitcoin space, purchased a total of 16,244 BTC ($607 million) on Monday.
BTC buys accelerate again
The giant sums are some of the biggest on record and are an order of magnitude above what even Grayscale was attempting just last week. The company previously saw daily buys but stopped over the holiday period and reduced its allocations in the first week of the new year.
NEWS-SOURCE
Institutional investors keeps buying, the digital world is about to explode, seize the opportunity presented by ALGOBIT DeFi and start making passive income with your team efforts.
REGISTRATION-LINK
Biden to propose $2 trillion of extra spending
President-elect Joe Biden will propose a $2 trillion increase in fiscal spending to help the U.S. economy get through the coronavirus pandemic, according to a published report.
CNN reported that Biden, who is due to speak in Wilmington, Del., on Thursday, will outline a proposal that will include more direct payments to American families and significant state and local funding.
The Biden plan comes amid signs the U.S. economy is struggling. The U.S. lost 140,000 jobs in December, with the unemployment rate staying at 6.7%, according to the Labor Department.
NEWS-SOURCE
As ALGOBIT prepares to launch its token, the platform will witness growth and more opportunities for people to create wealth through investment and teamwork.
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Jack Ma Hasn’t Been Seen for Months. That’s Reason Enough to Be Wary of Alibaba Stock.
He may have been grabbed by the party, and he may be in a dark room right now,” the head of a China research group told me this past week. He was talking about Alibaba founder Jack Ma, the richest man in China, who hasn’t been seen in weeks.
By “party,” he didn’t mean the festive kind, like Alibaba’s annual party in 2017, when Ma, dressed as Michael Jackson with a gold mask, revved a motorcycle onstage, then hopped off for some dance moves—mostly pelvic thrusting. He meant China’s ruling Communist Party, which Ma has apparently crossed, and whose regulators have now come after his companies.
That sounds bearish. But it’s 2021: Bond yields are meager, Bitcoin just topped $40,000, and investors are thrusting like Michael Jack-Ma toward anything with fast revenue growth. Sure, shares of Alibaba Group Holding (ticker: BABA) have sold off. But in a poll by FactSet, a remarkable 53 out of 54 analysts who cover Alibaba say now is a good time to buy. Is it?
NEWS-SOURCE
Though the government can take advantage of stock but blockchain technology cannot be controlled by anyone, ALGOBIT DeFi investment platform is built on it to deliver a safe platform that can generate passive income through team building with a starting fee of $150.
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Get ready for Apple’s first $100 billion quarter in history
Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark. Apple released its iPhone 12 models toward the middle of the December quarter, but the devices are still expected to help power the company to a quarterly revenue record.
Even a pandemic can’t stop Apple Inc. from hitting new records.
The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.
Apple’s AAPL, +1.61% fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October. Though Apple faced supply constraints on some models, the debut of Apple’s first 5G-enabled phones has arguably been the company’s most successful product launch in five years, in the view of Morgan Stanley analyst Katy Huberty.
NEWS-SOURCE
Many companies are creating huge revolutionary concept globally and ALGOBIT DeFi is working towards delivering a complete decentralized financial system that will benefit all users and holders of the Algobit Token.
REGISTRATION-LINK
UPDATED NEWS ON ALGOBIT TOKEN LAUNCH
To all ALGOBIT DeFi Community members, we will like to notify you of the upcoming launch of our platform token.
This launch will occur on 1st of February 2021 and usher in a new era in the DeFi sector as we continue to implement the best possible way for our users to have financial freedom.
Anticipate our launch and carry on with the team work in other to continuously benefit from the passive income made possible through our platform.
REGISTRATION-LINK
UPDATED NEWS ON ALGOBIT TOKEN LAUNCH
To all ALGOBIT DeFi Community members, we will like to notify you of the upcoming launch of our platform token.
This launch will occur on 1st of February 2021 and usher in a new era in the DeFi sector as we continue to implement the best possible way for our users to have financial freedom.
Anticipate our launch and carry on with the team work in other to continuously benefit from the passive income made possible through our platform.
REGISTRATION-LINK
Pay attention' — Grayscale adds 18x the Bitcoin mined supply in one day
Bitcoin worth $600 million gets taken off the market as BTC/USD struggles to cement support for a retest of $40,000. Asset manager Grayscale added 18 times more Bitcoin (BTC) than miners added to the supply in just one day on Jan. 18.
As various data sources confirm, Grayscale, which remains the biggest institutional buyer in the Bitcoin space, purchased a total of 16,244 BTC ($607 million) on Monday.
BTC buys accelerate again
The giant sums are some of the biggest on record and are an order of magnitude above what even Grayscale was attempting just last week. The company previously saw daily buys but stopped over the holiday period and reduced its allocations in the first week of the new year.
NEWS-SOURCE
Institutional investors keeps buying, the digital world is about to explode, seize the opportunity presented by ALGOBIT DeFi and start making passive income with your team efforts.
REGISTRATION-LINK
China’s economy rebounds from pandemic, grows 2.3% in 2020
BEIJING — China’s economy grew 2.3% in 2020 as a recovery from the coronavirus pandemic accelerated while the United States, Europe and Japan struggled with disease flare-ups.
Growth in the three months ending in December rose to 6.5% over a year earlier, up from the previous quarter’s 4.9%, official data showed Monday.
In early 2020, activity contracted by 6.8% in the first quarter as the ruling Communist Party took the then-unprecedented step of shutting down its economy to fight the virus.
The following quarter, China became the first major country to grow again with a 3.2% expansion after the party declared victory over the virus in March and allowed factories, shops and offices to reopen.
NEWS-SOURCE
More economic meltdown of fiat is occurring day after day reason it is the perfect time to start your financial journey with ALGOBIT decentralized finance and build a lasting wealth generation chain.
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THE NEED FOR ALGOBIT DeFi
Algobit was created to help empower people with the ability to generate funds through a chain like structure whereby everyone have the same capacity to earn based on team building
BENEFITS OF ALGOBIT SYSTEM
As a five-man matrix system, Algobits implements a special system to earn and get bonus in a UNI-LEVEL backed system by allowing individuals to build and maintain a community while earning through such community.
CONCLUSION:
With Algobit, members can truly secure a lifetime stream of stable income with guaranteed proof of safety of funds backed by blockchain technology.
Algobit; Invest for the future by investing with algobit
ALGOBIT DeFi set to launch Platform Token
Dear community members, as part of our resolve to create a truly wealth generating platform that will be beneficial to all, we will be launching the Algobit token which will be used as a means of exchange, money and other utilities acceptable both on the platform and any other exchange listed on.
This token will help to create more awareness, demand and utilities for Algobit placing emphasis on benefits to holders and the ever growing ALGOBIT ecosystem
ALGOBIT TOKEN DETAILS
NAME: Algobit DeFi
SYMBOL:
TOTAL SUPPLY: 300 million
TYPE: ERC 20
DECIMAL: 18
TOKEN INITIAL UTILITIES
- It has lending, mortgage, fixed deposit, vaulting, staking, most importantly 30% principal guarantee
- Main Asset on the Algobit platform
Algobit is set to revolutionize the DeFi sector and we urge all our esteemed investors to keep building their team while creating wealth in an effortless manner.
Biden to propose $2 trillion of extra spending
President-elect Joe Biden will propose a $2 trillion increase in fiscal spending to help the U.S. economy get through the coronavirus pandemic, according to a published report.
CNN reported that Biden, who is due to speak in Wilmington, Del., on Thursday, will outline a proposal that will include more direct payments to American families and significant state and local funding.
The Biden plan comes amid signs the U.S. economy is struggling. The U.S. lost 140,000 jobs in December, with the unemployment rate staying at 6.7%, according to the Labor Department.
NEWS-SOURCE
As ALGOBIT prepares to launch its token, the platform will witness growth and more opportunities for people to create wealth through investment and teamwork.
REGISTRATION-LINK
ALGOBIT DeFi set to launch Platform Token
Dear community members, as part of our resolve to create a truly wealth generating platform that will be beneficial to all, we will be launching the Algobit token which will be used as a means of exchange, money and other utilities acceptable both on the platform and any other exchange listed on.
This token will help to create more awareness for Algobit and further details on the tokenomics which includes total supply, functionality and more will be revealed in a well detailed post in our next announcements.
Algobit is set to revolutionize the DeFi sector and we urge all our esteemed investors to keep building their team while creating wealth in an effortless manner.