Crypto Market Update: Bitcoin (BTC), Cardano (ADA) and The Hideaways (HDWY)
Thousands of projects are in the cryptocurrency space – it is difficult to pinpoint which ones are worth the money and which will only lead to long-term losses. The crypto market rallied on Tuesday, with the Bitcoin price and Cardano price rising.
Bitcoin (BTC), Cardano (ADA) and The Hideaways (HDWY) earn analyst approval for long-term investments, with The Hideaways showing the greatest potential for 2023 gains thanks to its current low market cap.
Bitcoin (BTC) as a payment will continue to expand
Bitcoin (BTC) will expand its role as primary payment medium over the next eight years. Analysts estimate that the Bitcoin (BTC) payments market will grow at a compound annual growth rate of 16.3% from 2022 to 2031 and eventually reach a market value of $3.1 billion.
Experts noted that companies will start focusing on payment platforms that will give them the most freedom while paying the least fees, and Bitcoin (BTC) fits the bill.
Moreover, financial institutions will play an important role in Bitcoin (BTC)’s further penetration into the retail market. Recently, Mastercard stated plans to offer cryptocurrency trading to customers using the platform.
At the time of writing, Bitcoin (BTC) is trading at a monthly gain of 2%, this is higher than Cardano (ADA)’s 19% 30-day drop.
Cardano (ADA) nears FTX listing
Cardano (ADA) is clearly underperforming against other crypto markets, but some good news could boost its price.
In a statement released earlier, FTX founder noted that Cardano (ADA) has a good chance to be listed on the crypto exchange platform soon.
FTX is one of the largest cryptocurrency exchanges by trading volume, and Cardano’s (ADA) listing on the site will help attract more attention to the project. Much like The Hideaways (HDWY) which is set for a Uniswap (UNI) and PancakeSwap (CAKE) listing in 2023.
At the same time, the founder of Cardano (ADA) said on Twitter that “something special” is coming to the network in November.
The Hideaways (HDWY) is set to soar over 9,000% in 2023
Investing in projects with long-term potential is a smart move. The Hideaways (HDWY) is the first ever cryptocurrency project to tap into the underlying potential of the luxury real estate market.
Hideaways (HDWY) will create NFTs anchored with real properties. They will be sold in fractional installments, meaning investors can claim ownership of a percentage of a property for just $100 and earn a passive income of 90% and more per year when combining rental returns and investment income!
This is a fantastic opportunity, especially for crypto investors looking for a project that has the potential to explode in 2023, but has a small market cap now.
The Hideaways (HDWY) is changing hands at $0.06 – the lowest price you’ll ever score. Analysts noted that the price could rise as much as 9,000% early next year as the project gains more attention. Don’t miss your chance!
Website:
Advance sales: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.
