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Crypto Market Update: Bitcoin (BTC), Cardano (ADA) and The Hideaways (HDWY)

Bitcoinist by Bitcoinist
3 months ago
in Press releases
0
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Thousands of projects are in the cryptocurrency space – it’s difficult to point out which is worth the money and which will only lead to long-term losses. The crypto market spiked on Tuesday, with the Bitcoin price and Cardano price rising.

Bitcoin (BTC), Cardano (ADA), and The Hideaways (HDWY) get analyst approval for long-term investment, with The Hideaways showing the most potential for 2023 gains thanks to the current low market cap.

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Bitcoin (BTC) as a Payment will Continue Expanding

Bitcoin (BTC) will expand its role as a primary payment medium in the next eight years. Analysts project Bitcoin (BTC) payment market will grow with a Compounding Annual Growth Rate of 16.3% from 2022 to 2031 and eventually hit a $3.1 billion market value.

Experts noted that companies will start focusing on payment platforms that will give them the most freedom while paying the least fee, and Bitcoin (BTC) fits the bill right.

Moreover, financial institutions will play an important role in Bitcoin (BTC)’s further penetration in the retail industry. Recently, Mastercard stated plans to offer cryptocurrency trading to clients using its platform.

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As of this writing, Bitcoin (BTC) is trading with a monthly hike of 2%, this is higher than Cardano (ADA)’s 19% 30-day fall.

Cardano (ADA) Nears FTX Listing

Cardano (ADA) is clearly underperforming against other crypto majors, but some good news could lift its price.

In a statement released earlier, FTX founder noted that Cardano (ADA) has a good chance of getting listed on the crypto exchange platform soon.

FTX is one of the biggest cryptocurrency exchanges by trading volume, and Cardano (ADA)’s listing on the site will help attract greater 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, Cardano (ADA)’s founder said on Twitter that “something special” is coming on the network in November.

The Hideaways (HDWY) is Set to Rise 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 that’s tapping into the underlying potential of the luxury real estate market.

The Hideaways (HDWY) will create NFTs anchored with real-world properties. They will be sold in fractions, which means investors can claim ownership of a percentage of a property for just $100 and earn passive income of 90% and more per year when combining rental yield and staking income!

This is an amazing opportunity, especially for crypto investors looking for a project that has potential to explode in 2023 but has a small market cap now.

The Hideaways (HDWY) exchanges hands at $0.06 – the lowest price you could ever score it. Analysts noted that the price can surge as much as 9,000% early next year as the project gets more attention. Don’t miss your chance!

Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto

 

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 those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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