|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Bitcoin (BTC) Ecosystem Beta Plays Explode as BlackRock Dubs Bitcoin a ‘Unique Diversifier’
Sep 28, 2024 at 08:30 am
BlackRock recently published a paper that calls Bitcoin a ‘unique diversifier’ and the interest in the BTC ecosystem is exploding.
BlackRock, the world’s largest asset manager, recently published a paper that calls Bitcoin a ‘unique diversifier.’ Interest in the BTC ecosystem is exploding as crypto investors are betting on a huge Bitcoin rally and buying up ecosystem beta plays. These are projects that trade directionally with BTC but with a multiplier due to smaller market caps. Moreover, interest in Bitcoin Dogs is swelling.
These traders believe that Bitcoin-native projects present one of the most significant information asymmetries in crypto. Here’s why analysts are growing increasingly bullish on Bitcoin Dogs and other Bitcoin projects.
BlackRock Dubs Bitcoin ‘Unique Diversifier’
BlackRock’s recent publication outlined the case for investors allocating to Bitcoin. Its reasoning surprised many crypto investors who have always seen BTC as a risk-on asset. However, BlackRock views BTC primarily as a hedge. It considers Bitcoin an ‘emerging global money alternative’ that is scarce, decentralized, and has no traditional counterparty risk.
While Bitcoin may correlate to equities over the short term, the BlackRock thesis positions the asset as analogous to gold. Paying particular attention to Bitcoin’s role in hedging against US fiscal sustainability, the report echoed, albeit less intensely, Saylor’s prediction that Bitcoin will eat Gold.
BlackRock is bullish and has bought more than $23 billion of BTC since January this year.
Robert Kiyosaki Gives $500,000 Bitcoin Price Prediction
The author of Rich Dad Poor Dad, Robert Kiyosaki’s 2025 price prediction forecasts that BTC will trade at $500,000 and above a million in 2030 because ‘AI is going to shake up the world of money.’ Bitcoin buzz is unmistakably in the air, and with fund managers and the financial elite bullish on Bitcoin, the rotation into ecosystem plays is only a matter of time.
Bitcoin Dogs Trading Volume Skyrockets
The trading volume is skyrocketing as smart money has been aggressively buying in expectation of an ecosystem rotation. The native 0DOG token was the first ICO on the network and is part of Bitcoin’s rich on-chain history. Many missed buying BTC early in 2013, but luckily, they still have time to purchase 0DOG before the rotation takes place.
As the leading meme coin on the Bitcoin network, all bullish propaganda released by BlackRock related to Bitcoin is good news for 0DOG holders. Bitcoin Dogs has already been titled the ‘best BTC beta trade’ and enjoys a soft-peg to BTC price. And the FOMO has not kicked in yet.
When the king of crypto starts trading over $100,000, investors who missed buying the lows will begin piling into the ecosystem. Bitcoin Dogs will be one of the projects receiving this new speculative capital, and buying before FOMO and mania kick in is precisely what smart money does. The Bitcoin Dogs trade is superb. Bitcoin’s leading meme coin has a broad ecosystem, including an Ordinals collection and Telegram game, all in one token.
0DOG Might Skyrocket with BTC
With crazy Bitcoin price predictions flooding the space and 0DOG trading directionally with the king, the upside for this small-cap project should be wild over the coming months. Bitcoin Dogs recently burned 100 million tokens, adding more fuel to the fire.
With everyone bullish on BTC, there has never been a better time to become an 0DOG owner. Get ahead of the BTC ecosystem capital rotation and buy 0DOG today!
Visit the official Bitcoin Dogs website to learn more.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Konstruct Ranks on The Globe and Mail's Top Growing Companies in Canada List for the Second Consecutive Year
- Sep 28, 2024 at 12:55 pm
- ) are sliding after the company was ordered to pay nearly $20 million to settle allegations regarding billing government programs for unnecessary services
-
- Despite bullish on-chain activity, many market participants remain wary of a potential correction ahead of the recent MATIC to POL transition
- Sep 28, 2024 at 12:55 pm
- Despite bullish fundamentals, exchange inflows and a 57.93% short ratio signal caution ahead.recent upgrade, the Ahmedabad hardfork, is creating excitement
-
- These Altcoins Could Help You Retire Early
- Sep 28, 2024 at 12:45 pm
- As the year ends, many are looking at altcoins like Ripple (XRP), Solana (SOL), Cardano (ADA), Toncoin (TON), and Shiba Inu (SHIB) to boost their savings.
-
- FROP: The New Frog-Themed Meme Coin Challenging Pepe's Dominance
- Sep 28, 2024 at 12:45 pm
- Popo is a new frog-themed meme coin that is creating a vibrant community with strategic partnerships to surpass Pepe and dominate the meme coin space.
-
- Levi Rietveld Forecasts XRP Could Hit $100 as Michael Saylor Envisions Bitcoin Reaching $13M
- Sep 28, 2024 at 12:45 pm
- The dynamic world of cryptocurrencies, bold predictions often capture the attention of investors and enthusiasts alike. Recently, crypto analyst
-
- BDAG50: BlockDAG Offers 50% Bonus to Early Supporters as DOGE and SHIB Experience Varied Fortunes
- Sep 28, 2024 at 12:20 pm
- As Dogecoin (DOGE) and Shiba Inu (SHIB) experience varied fortunes in the memecoin arena, attention shifts towards the performance and strategies of different
-
- Binance Founder Changpeng ‘CZ’ Zhao Is a Free Man
- Sep 28, 2024 at 12:15 pm
- Zhao, who has been in a halfway house since late August, was released on Friday.
-
- ETFSwap (ETFS) Set To Lead 100x Rally Among Bullish Altcoins In October And Scale Portfolios Of ICO Investors
- Sep 28, 2024 at 12:15 pm
- Smart crypto investors buying ETFSwap (ETFS) with $1,000 for a cheap $0.03846 in its viral ICO presale will make up to six figures ROI following bullish
-
- Robinhood Eyes Foray Into The Stablecoin Market, UK Fintech Giant Revolut Is Also Said to Be Considering the Move
- Sep 28, 2024 at 12:15 pm
- The highly lucrative stablecoin industry, dominated by Tether's USDT with a market value of around $119.3 billion, has witnessed an increasing crop of new entrants.