Andrei Jikh, a Youtuber creator of personal finance related content, informed his community of the purchase of USD 100,000 in crypto, specifically Bitcoin (BTC) and Ethereum (ETH).
Bitcoin and ETH operators remain bullish
Crypto investors continue to grow
Without a doubt, 2020 has been a key year for crypto adoption and we have seen how every day the number of people who decide to bet on crypto, especially Bitcoin, increases.
Bitcoin has had an extraordinary year, and not only because of its price. The leading crypto went from being considered dead in mid-March, to confidently surpassing its highs.
All this under a very unfavorable economic and social context, but it managed to demonstrate the true potential of crypto currencies, and especially of Bitcoin.
I think Satoshi Nakamoto created Bitcoin with the potential it would have for a year like 2020, with multiple money injections that generate inflation concerns.
Now, Andrei Jikh, Youtuber with 978,000 followers, published a video where he revealed to his followers the acquisition of crypto, 7.5 Bitcoin and 120 Ethereum, at a nominal level in U.S. dollars, the bet on Bitcoin is higher than the Ethereum.
The interesting thing is that the video was published on November 20th, 5 days ago. Assuming that he invested in BTC and ETH on the same day of publication, Jikh has seen a 4.36% increase in his investment in Bitcoin and a 19.41% return on his investment in Ethereum. Yes, that’s only during the last 5 days.
Who will be the next Internet celebrity to join the crypto world? Will Youtuber’s crypto video be able to attract others to Bitcoin?
Bitcoin crypto miners happy
According to a report by Buy Shares, the combined revenues of the Bitcoin miners (BTC) amounted to USD 353 million during the month of October.
Yes, this is one of the best monthly revenues for crypto miners over the last three months. All this thanks to the increase in transaction fees which, as we reported in CryptTrend, reached impressive levels.
Thus, crypto miners saw an 8% increase in their combined revenue compared to August.
Bitcoin Mining: The five most important information of the week
How much ETH is blocked at ETH 2.0?
According to Dune Analytics, at the time of writing, there are 434.2 billion dollars in ETH, that is, 725,056 ETH have been deposited in the deposit contract.
Yes, from one day to the next we go from having just a small percentage of the minimum, to having 37.5% more. Let’s remember that, in order to launch the ETH 2.0 crypto update, 524,000 ETHs were needed.
Just yesterday in CriptoTendencia we informed that the crypto developers of Ethereum have confirmed the launch of the update for December 1st.
The release of Ethereum 2.0 was confirmed for December 1st, a few hours before the deadline
United States begins to show concern about China’s progress in cryptology
According to the Washington Examiner, Director of National Intelligence John Ratcliffe wrote to SEC Chairman Jay Clayton expressing concern about the influence of China’s digital currency.
Since China began taking steps in the crypto world and Blockchain technology, the international community has been analyzing and concerned about the possible impact of its advances.
However, for a long time, the United States did not seem to believe this was possible. Yet ignoring reality will not change anything.
Now it seems that a senior intelligence official assured the media that „there are serious national security concerns about China’s control over Bitcoin and Ethereum.
Beijing is established as the main Blockchain city in China
In a few lines…
Jim Cramer, host of Mad Money, predicted that Bitcoin will reach its crypto peak by the end of the year.
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