VAULT Crypto Investments Weekly Update #6 — Interesting for Bitcoin (BTC)
Friday was very interesting for Bitcoin (BTC). It was reported from on-chain monitoring resource Glassnode that 12,354 BTC ($694 million) was withdrawn from the Coinbase order book in a single hour. If you have been following these updates, you know that the number of BTC on exchanges has been evaporating quickly. Below is a chart showing the trend on Coinbase Pro.
Coinbase has gained a lot of news recently with its IPO. I picked up a few shares after the price came down a little and I’m interested to see where it goes. The thing to remember is that Coinbase is just getting started but in terms of assets it is already the world’s 9th largest “bank”.
Money is starting to move out of traditional investments and flow into cryptocurrency as investors see the massive gains and potential of the blockchain. In 2020 BTC and cryptocurrencies outperformed even some of the best stocks available.
In 2019 and 2020 there was not a better investment you could have made if you wanted to increase your portfolio.
The goal of many cryptocurrency investors is to increase their BTC holdings. The goal of this update is to show you how VAULT can help you achieve that goal!
VAULT News this Week
Everyone who has a VAULT platform account got another nice ice drop:
We thank the Bitcrex team for their very generous BIC ice drop!
All accounts received 2 BIC in ICE to start off their shares! Plus, ice wallets that reach at least 30 BIC by June 20th 2021 will get an additional 2 BIC bonus ice! These coins will remain frozen until you fill your ice wallet to 50 BIC (10% of a masternode) and then rewards can be earned as a 10% share!
Bitcrex has stipulated that all ice wallets unfilled by Aug 4th 2021 will be returned to them.
You keep all coins you deposit, with only ice-dropped coins and all rewards being claimed back.
How It Works
It will grow slowly, naturally through accumulation of rewards with compound interest.
You can also help it grow faster by depositing BIC coins to your ice wallet.
Go check out that BIC ice on VAULT Platform: https://my.vault.investments/dashboard/ and if you need any BIC coins, you can buy Coin Packs on VAULT platform:
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 always forming and it can drop at anytime. Remember it costs nothing to register on the VAULT platform but it could cost you if you don’t.
VAULT Coin’s Market Performance This Week
VAULT had another good week. We saw the high at $11.53 occurring this Friday. We had a low of $9.67 on Tuesday. We closed out the week at $10.93, up from $10.87 last week for a modest gain of 1.2% for the week.
Volume remained strong and increased over the past 7 days with an average of $7,173.85 traded daily. This held above the $7,000 daily level and is slightly below last week’s number of $7,252.83.
We saw 99.6% of the trading volume this week occurring on CREX24. The Minimum Guaranteed Price buy wall of 1,000 VAULT at 10,500 Satoshi continues to be well-protected by investor demand, with orders currently totaling 1,000.24 VAULT above the wall. price is 18,567 Satoshi (0.00018567 BTC), slightly below last week’s closing price of 18,950 (0.00018950 BTC).
In addition to the platform, products, use and demand, VAULT continues to benefit greatly from being tied to Bitcoin. BTC held strong and was up 2.1% this week.
Jules kept everybody frosty by adding the nice ice drop mentioned above to the platform.
BTC has done well so far in 2021. The question is how far can it go? I recently saw the following article:
Is this a possibility? If it is, why would you ever sell or trade any of your BTC? A main purpose you might have in life could be trying to accumulate every Satoshi you can to build your position and realize these amazing gains.
Recently CoinDesk Learn Editor Ollie Leach stated on Yahoo Finance Live that he believes BTC is on a path toward the 1 million dollar level. “I actually believe that it will at some stage, with just the scarcity aspect alone, it makes it an incredibly exciting asset to hold.”
So when will this 1 million BTC happen? The answer could be sooner than you think. Leech stated that the timing of Bitcoin’s price surge may happen after 2024 with the next halving. The most recent halving occurred on May 11, 2020. “The year after halving always seems to create a huge rise.” Leech said. “I don’t know when [bitcoin will cross $1 million USD] but it will likely be after 2025.”
Over the past couple of years the stock to flow model has been very accurate in predicting BTC price. If it continues this trend then we will be looking at not $1 million dollar BTC but $10 million BTC could be possible in the next 10 years.
This is not financial advice but I wanted to highlight why VAULT is such a tremedous investment opportunity. VAULT is unique in that it is similar to some stablecoins and has a Minimum Guaranteed Price (MGP) but no upper price limit and is tied to BTC and not fiat. When BTC hits 1 million dollars then each VAULT coin you hold would be worth $105 if the current MGP did not change and remained at 0.00010500 BTC. The amazing thing with VAULT is that you earn 29.07% yearly return on you coins held in shared masternodes on the platform. If you have 1 masternode then in 1 year you would have 290 generated coins. When BTC hits $1 million then you would have an extra $29,000 at the current MGP.
The BTC% program is another amazing feature and investment opportunity available on VAULT platform. With this program, the more VAULT you hold the higher the APR you can earn on your Bitcoin, up to 25% APR on 0.5 BTC invested. This would generate 0.00240208 BTC weekly and in 1 year you could have 0.12490816 BTC or $124,908.16 if/when BTC hits 1 million dollars!
Crypto News This Week
If you are going to hire a hitman, it’s probably best not to pay with BTC.
Don’t be like this dude!
Everybody wants on the Etherium train!
Dogecoin investors continue to give middle finger to establishment.
Scammers be scammin.
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 is holding 1 CRYO VAULT masternode with 0.1 BTC invested in the BTC% program. I wanted to show you what kind of returns you could be earning weekly and cumulatively.
1 VAULT masternode of 1000 VAULT with current 30% ROI generated 5.75 VAULT this week for a total of 35.10 VAULT over the past 6 weeks. Total is now 1035.10 VAULT. The total dollar value earned was $383.64 at VAULT’s current price of $10.93. The total BTC value at VAULT’s current price (0.00018567 BTC) is 0.00651702 ($6,517.02 if/when BTC reaches 1 million dollars).
Investing 0.1 BTC in the BTC% program earns you 11% APR, giving you a weekly return of 0.00021089 BTC. Over the last 6 weeks, this would be worth 0.00126534 BTC or $74.56 ($1,265.34 if/when BTC reaches 1 million dollars).
The total value of your potential returns over the past 6 weeks would be $458.20 or 0.00778236 BTC ($7,782.36 if/when BTC reaches 1 million dollars).
We Are Here To Help You DYOR (Do Your Own Research)
I hope this update has given you some new knowledge. If you have any questions please feel free to contact me Bobtilladhun on Discord (email@example.com) or any team member on the VAULT Discord server:
VAULT Global Ambassadors
kikiriki#9227 — Greece
CryptoEva[Own CS Team]#3733 — Bangladesh
bevan honas#7388 — South Africa
Farting Rocket#0302 — France
wltjnes1#1227 — Nigeria
Long Miguel#6762 — Vietnam
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. Users should always DYOR. Invest at your own risk!