Rekt Capital Predicts Ethereum to Reach $2,800 in February
According to Rekt Capital, a crypto analyst, Ethereum (ETH) is expected to reach $2,800 in February. The coin is currently stable above $2,274 and is predicted to follow a similar trajectory as last month.
Ethereum has seen a 12% decrease from its January peaks but has decent trading volumes of over $9.3 billion. Other analysts, such as Jelle, believe that the price will remain above $3,000 based on the weekly chart.
Furthermore, analyst Michael van de Poppe predicts that ETH will outperform Bitcoin in the coming sessions. He suggests that it’s only a matter of time before Ethereum picks up pace.
Bitcoin Minetrix Raises Over $10.3 Million in Presale
Bitcoin Minetrix is a project on Ethereum that allows users to mine Bitcoin effortlessly. Users stake BTCMTX tokens in exchange for mining credits and can burn them for Bitcoin cloud mining power.
The project aims to address the security concerns associated with cloud mining protocols. The Bitcoin Minetrix whitepaper highlights the risks of cloud mining scams and emphasizes the transparency and decentralization of its BTCMTX token.
The presale of Bitcoin Minetrix has garnered significant investor interest, raising over $10.3 million so far. Presale buyers can stake their tokens immediately and earn a 65% APY, which will decrease as the staking pool grows.
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