How Bitcoin and Ethereum are reviving Web3 and Big Eyes Coin seems perfect for portfolio diversification
Crypto-assets are a neutral, inclusive, non-governmental financial settlement system that provides a unique product market that fits into a world increasingly frustrated by unscrupulous governments and incompetent central banks. The need for decentralized, alternative and independent transactions gave birth to Bitcoin (BTC) after the global financial crisis of 2008. Since then, investors have sought alternatives that provide security, portability and immutability of ownership.
Square, Microstrategy, Paypal and Tesla are paving the way for institutionalized crypto investing
Square is the first institutional firm to announce adding Bitcoin to its balance sheet along with Microstrategy and has a $210 million investment in Bitcoin. According to the Q4 report, the company has already earned $1.76 billion from Bitcoin Trade. Bitcoin and Ethereum have $292 million and $250 million, respectively, of Paypal’s cryptocurrency assets. Paypal has made it extremely easy to buy, sell and hold crypto. It provides access to the four major cryptocurrencies – Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). Elon Musk’s Tesla has 8% of its reserves in Bitcoin.
The latest institutional investments in crypto
The third quarter of 2022 witnessed a colossal level of institutional investment in crypto, as Shima Capital launched a $200 million blockchain fund, Invesco launched a dedicated metaverse fund, and Barclays acquired Copper (an institutional gateway to digital asset investment).
Felix Capital raised a whopping $600 million for its fourth fund and $177 million invested directly by the South Korean government in metaverse projects. Coinfund launched a $300 million Web3 fund, Variant to invest $450 million in DeFi and Web3, $7 billion raised by Lightspeed across its US funds, Multicoin raised $430 million, and Binance Labs closed a fund of 500 million dollars for Web3.
On top of this, Norway’s central bank uses Ethereum (ETH) to build a national digital currency. Nasdaq is about to launch an institutional crypto depository service. India’s central bank, RBI, is starting a digital currency pilot with four central banks.
Wall Street firms such as Shwab, Citadel Securities and Fidelity are launching crypto exchange EDX. Two Sigma Ventures allocated 15% of its capital to crypto and Web3 projects after raising $400 million to plan crypto investments.
Big Eyes Coin perfect for portfolio diversification
Crypto Assets assign the best long-term opportunity to hedge against inflation and outperform during global economic chaos. An upcoming meme coin to look forward to for market growth and portfolio diversification is Big Eyes Coin (BIG).
It’s a cat-themed meme coin that aims to rule over the dog communities. Still, in stage 12 of the pre-sale, it has raised $32 million and has already managed to reward 390% ROI to its investors, even before launch.
Big Eyes Coin wants to grow with its community. This is why it is centered in the center of all the processes. From the very beginning of the pre-sale, it has rewarded its holders with bonuses, promo codes, Vault Pins and Loot Boxes.
Loot Boxes are mysterious boxes that can give as much as a 5000% bonus when opened. They can be purchased for as little as $10 and can reward one with BIG tokens worth up to $1 Million.
To celebrate the final countdown to the launch, Big Eyes Coin is giving a limited time 250% bonus on every purchase of BIG tokens. One must use the code BULLRUN250 at checkout for an additional 250% BIG tokens. This means with Big eyes Coin, the crypto enthusiasts are already riding the Bullish Wave as soon as it is bought. Who would want to miss that?
Big Eyes Coin (BIG)
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