Will Top Cryptos Replace Cash? Bitcoin and Other Digital Currencies Are Going Mainstream
By now, almost every investor on the planet has heard of Bitcoin’s (BTC, Tech/Adoption A-) meteoric rise — not only because of its price, but its growing pop culture status.
Bitcoin and other top crypto, such as Ethereum (ETH, Tech/Adoption A-) are gaining mainstream momentum. They’re increasingly becoming “go-to” assets in this chaotic political and financial landscape.
In fact, crypto asset analyst Juan Villaverde predicts, “We’re going to see Bitcoin’s market capitalization break $1 trillion for the first time ever, here in 2021, in all likelihood. My guess is that Ethereum will be the second trillion-dollar crypto asset, ever.”
In this special four-minute video segment, I speak with Juan and Alex Benfield, who are part of the team behind Weiss Crypto Alert. This free service has been read avidly by investors three times weekly, for the past three years.
Now, Weiss Ratings has expanded its team of crypto analysts to start issuing timely issues five times a week, with an eye toward seven times a week in the near future.
The team says one thing is certain: The trends in decentralized finance, or DeFi, that started to soar in 2020 will continue to explode in this current bull market.
Juan explains:
The key difference between traditional and decentralized finance, which should actually be called non-custodial finance, is that you do not need to surrender your assets to a third party. And that is a game-changer.
I think there’s about $20 billion in assets deposited in DeFi right now. That’s nothing. This is going to be a multi-trillion-dollar market, as well.
And with that, many of DeFi’s top applications and their tokens will go to multi-hundred-billion-dollar valuations in the near future.
In this enlightening video, Juan and Alex discuss:
- The driving force behind Bitcoin’s surge in this current bull market.
- Why Bitcoin and other crypto assets “are some of the best, hardest assets you can think of.”
- The unique crypto timing model utilized for Weiss Crypto Alert and other services.
And more!
The information in short segment couldn’t be timelier. I suggest you watch it now.
Happy investing!
Jessica Borg
Financial Anchor
Weiss Crypto Alert