Bitcoin (BTC) and Ethereum (ETH) tested their resilience after the crypto exchange giant FTX crumbled on demand last week.
Bitcoin (BTC) and Ethereum (ETH), along with the presale token The Hideaways (HDWY), prove to be tougher than they look after leading the market with gains in the latest charts.
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The FTX collapse proved the importance of leaning towards stable projects, especially on Bitcoin (BTC).
El Salvador announced its commitment to buy one BTC a day in anticipation of the damaging spillovers of Sam Bankman-Fried's bankruptcy filing.
In a Tweet published after Tron CEO Justin Sun publicized similar plans of buying a piece of Bitcoin (BTC) everyday, President Nayib Bukele said the country's regular BTC acquisition starts on Thursday.
The consequent events show a growing trust in the world's biggest cryptocurrency project which now holds $318 billion in market capitalization.
Bitcoin (BTC) is among the most-watched coins since the FTX collapse, along with the presale superstar The Hideaways (HDWY) and altcoin giant Ethereum (ETH).
BTC jumped 1.09% to $16,542.28 after the news. Analysts say the recent development will open for $20,000.00 as buyers ride the positive momentum.
Despite the backlash, the Merge is proving to do more good than harm on the Ethereum (ETH) network.
Ethereum (ETH) has just reached profitability – the latest report shows. For a brief context, profitability means that the result of the subtraction of new coin issuance against the fee burns has become positive.
The world's biggest smart contract's burning has outweighed the production since its switch to the Proof-of-Stake consensus.
The news instantly lifted Ethereum (ETH)'s price by 1.75%, now trading at $1,195.03. On the other hand, many investors are choosing to shift towards a high-potential token The Hideaways (HDWY) which is comparable with Ethereum (ETH) in terms of long-term stability.
Experts noted that Ethereum's deflationary state could open the price to greater heights and possibly break $3,000.00 before the end of this year.
The presale token The Hideaways (HDWY) is projected to have an Ethereum (ETH) and Bitcoin (BTC) kind of success.
The Hideaways (HDWY) is the first cryptocurrency project to realize its potential in the luxury real estate market. It offers NFTs that are underpinned with high-yielding assets carefully selected by a team of portfolio managers.
The Hideaways (HDWY) sold 50% of its presale holdings when every other crypto major plummeted from the FTX collapse. Thanks to its real estate backing, the project remained steadfast from external volatility.
The Hideaways (HDWY) will hit a 6,000% gain by year-end. At a selling price of only $0.10, your $100 investment has a long way to go.
For the next 24 hours only, you can secure a 100% bonus on your investment. This is a great time to invest in a project predicted by many to be a millionaire-maker. Don't miss out!
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
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