Have We Seen The Bitcoin Price Bottom? — VAULT Cryptocurrency Blockchain News #40
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Massive fear swept over the crypto market on January 20th and 21st when Bitcoin slumped to its lowest price point since last July, reaching a value of just below $33,000.
In the last week, we saw Bitcoin struggle to bounce back. It challenged $39,000 a couple of days ago and was immediately rejected back down to $37,000.
Yesterday we saw Bitcoin go on a run and shoot up from $37,000 to over $40,000. This marked the first time in the past 2 weeks that Bitcoin was able to move above the $40,000 price point.
We saw Bitcoin go up $4,000 in the last 24 hours. This resulted in a growth in its total market capitalization from just below $700 billion to close to $800 billion. We also saw $59 million of short positions liquidated.
We were reminded this week how Bitcoin and blockchain are a new form of money. This was highlighted by the protest by the Canadian truckers. Their GoFundMe donations of over $9,000,000 were frozen and seized by authorities. This prompted a Bitcoin based donation campaign which could not be shut down by a centralized entity and highlighted the power of the blockchain.
Have we seen the bottom of this recent downturn in Bitcoin price? Are we headed back up over the $100,000 price point? This is what makes cryptocurrency so exciting. Forrest Gump might say, “ Investing in crypto is like a box of chocolates, you never know what you’re going to get.”
VAULT Crypto News This Week
Dash Diamond (DASHD) Listed for Masternode Instant Shares With a FREE Month of Hosting on VAULT Platform!
We’ve listed Dash Diamond (DASHD), our 5th DECENOMY project listing, with a FREE month (ends March 1, 2022) of instant shared masternode hosting for all DASHD holders depositing any quantity of DASHD coins to VAULT.Investments to make it easier for everyone to try our platform!
FREE Month of DASHD hosting: https://my.vault.investments/dashboard/
Just sign in and deposit DASHD coins and the free month will be automatic.
You can deposit any quantity of DASHD coins for masternode shares and choose up to 100% reinvest to compound rewards faster.
Hosting https://my.vault.investments/coins/dashd/
Website https://dashdiamond.net/
Discord https://discord.gg/5uYaYYYNvP
Telegram https://t.me/dashdiamond
Twitter https://twitter.com/dashdiamond7
We welcome everyone from the Dash Diamond community and hope you enjoy VAULT platform! Our team is here to help with any questions you have.
VAULT Investments provides a service to its clients and is not responsible for projects listed or featured in its platform or ecosystem. This is not financial advice and users should always DYOR.
ClexChain CLEX Bonus Coins Ice Drop on VAULT Platform!
We thank ClexChain team for their very generous ice drop of 51,040 CLEX in total!
All accounts received ice-dropped CLEX to start off their shares! Ice-dropped coins are bonus coins and if you want to keep them, simply deposit and/or buy enough CLEX to fill your ice wallet to 200 CLEX by April 5, 2022! Ice-dropped CLEX will remain frozen until you fill your ice wallet, then you can continue to earn rewards on VAULT platform!
Unfilled ice drop wallets: You keep all coins you deposit, with only ice-dropped CLEX and all rewards they generate returned to ClexChain project.
How It Works
Ice drop shares will grow slowly, naturally via compounding rewards, and you can help them grow faster by depositing CLEX coins to your ice wallet.
Go check out that CLEX ice on VAULT platform:
https://my.vault.investments/dashboard/
CLEX coins can be purchased on VAULT platform:
https://my.vault.investments/coins/clex/coin-packs/
or https://trade.birake.com/market/BIRAKE.CLEX_BIRAKE.BTC
Up to 90 days of maximum rewards with no hosting fee. The faster you fill your ice drop wallet, the sooner you start earning rewards to your standard wallet!
If you missed out this time, more ice is forming and can drop anytime, so be ready and sign up for VAULT platform now!
ColossusXT (COLX), StudentsCoin (STUDS), ReeCore (REEX) Delisting Notice
After a review and evaluation of our current listings, we plan to delist ColossusXT (COLX), StudentsCoin (STUDS), and ReeCore (REEX) from VAULT platform on February 10th, 2022. This is purely a business decision using a number of factors based on efficiency and benefits provided to investors and VAULT platform customers. Could all COLX, STUDS, and REEX holders please withdraw those coins from VAULT platform as soon as possible. We will take note of any remaining holdings and they can possibly be retrieved in the future by submitting a support ticket.
We would like to wish ColossusXT, StudentsCoin, and ReeCore success for the future.
VAULT Investments provides a service to clients and is not responsible for projects listed or featured in its platform or ecosystem. Users should always DYOR.
VAULT Investments Team
VAULT Coin’s Market Performance This Week
We finished out the week at $3.08, which is down from last week’s price of $3.75. We saw a high of $4.50 early this morning. The weekly low was $2.38 on Monday.
We saw an average of $1,158.13 traded daily. This is down from last week’s average daily volume of $2,262. This maintains us above the $1,000 daily level.
VAULT coin trades on SouthXchange and Hype Coin Exchange and we continue to see a majority of trading occurring on SouthXchange.
VAULT’s current price average across all exchanges is 7,379 Satoshi (0.00007379 BTC).
Crypto Spotlight
If you have an account on the VAULT platform, you may have recently received an Ice Drop of CLEX.
What is this coin? What does it do? Is it worth filling this Ice Drop to 200 coins?
Looking into the white paper we find that the value prospect of CLEX is described as:
“We present a platform based on blockchain that people can use to call each other and make audio/video calls. Those who need knowledge pay when they call, the rate per minute is set within the application by those who provide knowledge. CLEX blockchain are used for this exchange. The exchange of knowledge gets simplified which adds value to the consulting industry.”
The white paper does a good job of listing who would need or want to use this platform and the coin specifications. Click the link below to read the white paper.
Hopefully, this will provide you with more resources to “do your own research.” If you received a CLEX Ice Drop and think this project is worthy of your investment, you might want to fill your Ice Drop wallet to keep the bonus coins and earn more CLEX rewards on VAULT platform.
Cryptocurrency News This Week
CREDIT UNIONS ADOPTING BITCOIN
GERMAN SOCCER CLUB PARTNERS WITH BABY DOGE
US JOBS REPORT AND HOW IT AFFECTS BITCOIN
MANCHESTER UNITED PARTNERS WITH TEZOS
CENTRAL BANK DIGITAL COIN GETTING CLOSER
BITCOIN EDUCATION CENTER OPENS IN EL SALVADOR
ANOTHER WEEK, ANOTHER SCAM IN THE WORMHOLE
VAULT Crypto Portfolio Tracker
I wanted to give you a running tally of what you could potentially be earning with VAULT. The example I’m using holds 1,000 VAULT, with 0.1 BTC invested in the BTC% program (check it out here).
I wanted to show you what kind of returns you could be earning weekly and cumulatively.
1,000 VAULT initial investment with current value of 1,193.72 VAULT at ~22% ROI generated 5.03 VAULT blockchain rewards this week, for a total of 1,203.04 VAULT over the past 41 weeks if you compounded your daily rewards with 100% reinvest on the VAULT platform. The total dollar value earned is $625.36 at VAULT’s current price of $ 3.08 (0.00007379 BTC). The total Bitcoin value earned at VAULT’s current price is 0.01497 BTC.
Placing 0.1 BTC in the BTC% program earns 11% APR, providing a weekly return of 0.00021089 BTC. Over the last 41 weeks, this would be worth 0.00865 BTC with a current value of $360.48.
The current total value of your potential returns over the past 41 weeks would be $985.84 or 0.02362 BTC.
We Are Here to Help You DYOR (Do Your Own Research)
I hope this update on the rebound we saw in Bitcoin price has been helpful.
Consider investing the VAULT way and enjoy a seamless crypto experience!
VAULTility: https://vaultility.vault.investments/
VAULT Platform: https://my.vault.investments/dashboard/
Lifetime Affiliates: https://affiliates.vault.investments/
VAULT Discord: https://discord.gg/BEDSGCs
VAULT Twitter: https://twitter.com/VaultInvest
VAULT Telegram: https://t.me/vaultinvestments
Forever Innovating: https://vault.freshdesk.com/support/solutions
This is not financial advice. VAULT Investments provides a service to its clients and is not responsible for projects listed or featured in its platform or ecosystem. The views and opinions in this update are my views alone and are not necessarily those of VAULT investments or its administration. Users should always DYOR. Invest at your own risk.
About the Author:
My Discord handle is Bobtilladhun.
I’m a long-term crypto investor. I bought my first Bitcoin in 2016 for $700. I sold 1/2 my BTC when the price doubled to satisfy my wife that I wasn’t going to lose all our money and made my initial investment back. Since that time, I have used my remaining Bitcoin stack to HODL and invest in interesting projects. I am a founding investor in VAULT and have accumulated a significant number of VAULT coins through holding my coins in CRYO and taking advantage of the compounding interest VAULT provides.
I was asked by Ian and the VAULT team to provide a weekly update on VAULT’s performance and current issues in cryptocurrency.
I hope these updates provide you with a quick overview of what is happening with VAULT and in the world of cryptocurrency.
Please contact me on Discord if you have any comments or suggestions.
Bobtilladhun#8522
