Global Hive Buzz

Bitcoin's Robust Market Cap Surpasses Tesla's Despite Market Downturn

Despite a significant drop from its all-time high, Bitcoin has managed to maintain a higher market capitalization than the electric vehicle giant, Tesla. Currently valued at $669.75 billion, Bitcoin surpasses Tesla's market cap of $630.83 billion, a notable feat considering Bitcoin's current trading price of around $34,500, which is considerably lower than its peak value of nearly $67,000 in November 2021.

To put this in context, Bitcoin's market cap also exceeds the valuations of major companies such as the biotechnology giant Eli Lilly at $525.84 billion and the payment industry leader Visa at $496.38 billion. Even the world's top microchip manufacturer, Taiwan Semiconductor Manufacturing Company (TSMC), has a lower valuation at $447.63 billion.

While Bitcoin remains volatile, its ability to sustain such a high valuation during an extended market downturn could be interpreted as a sign of its maturation as a store of value or, alternatively, it may raise questions about whether it is currently overvalued compared to these established companies.

A Must-Consider Altcoin

The Crypto Timing Model we're discussing here has consistently delivered outstanding predictions, exemplified by an astonishing 1,135% surge in THORChain. It also had the foresight to identify Cardano when it was trading at a mere 4 cents, ultimately leading to an astounding 2,900% return.

These remarkable successes are not isolated instances; they are indicative of a track record filled with substantial wins. On average, the recommendations provided by this model have yielded an impressive 328% gain, even when factoring in the occasional setbacks.

At present, this Model is signaling the potential of a single altcoin in the current market, much like Cardano's journey, which it believes could become the next major success story.

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Coinbase's Non-Trading Earnings Exceed Trading Fees

Coinbase has achieved a significant milestone for the second time as its revenue generated from subscriptions and services has exceeded its earnings from trading commissions. In this quarter, these non-trading revenues represented 53% of the total net revenue, marking an increase from 51% in the previous quarter, which was the first instance of Coinbase outpacing trading commissions.

Simultaneously, the company is introducing new blockchain infrastructure, such as its Base layer-2 service, which holds the potential to become a valuable revenue source for the foreseeable future. While the sustainability of certain new business lines remains uncertain, Coinbase has taken significant steps to reduce its reliance on trading volume and associated fees.

Cardano: Analyst Anticipates 80% Rally, Drawing Inspiration from Solana

Cardano (ADA) has recently garnered considerable attention within the cryptocurrency community by surpassing the elusive $0.3 milestone. Analysts and investors are closely monitoring ADA's performance, with some drawing comparisons to the remarkable 80% surge experienced by Solana.

Cardano's recent surge in bullish momentum, along with its robust on-chain activity, positions it as a cryptocurrency of significant interest in the upcoming weeks. Drawing inspiration from Solana's past performance, analysts are optimistic about ADA's potential to follow a similar trajectory, potentially resulting in an 80% price increase.

As Cardano continues to exhibit a degree of independence from Bitcoin's price trends and maintains its robust on-chain activity, investors are eagerly watching ADA's progress toward breaking the $0.4 resistance level. While short-term fluctuations are expected, the overall outlook for Cardano remains positive, solidifying its position as a prominent contender in the dynamic cryptocurrency landscape.

A Revolutionary Shift in the Smartphone Landscape After 15 Years

In an astonishing achievement, Mode has witnessed an incredible 32,382% surge in revenue from 2019 to 2022, a leap that, if measured last year, would have secured them the #7 spot on the prestigious Inc. 5000 List. This extraordinary growth potentially heralds the beginning of a new era for smartphones. Mode is on a mission to transform the entire industry with its pioneering "EarnPhone," an affordable smartphone that empowers users to accumulate savings exceeding $150 million through activities such as music streaming, gaming, and even device charging!

Early supporters are currently reaping the rewards with up to an 80% bonus on their stock investments. Within the initial weeks of this opportunity, more than 12,000 investors have already acquired shares, leaving only a limited number of shares available in this exclusive offer. Take action promptly to secure exclusive early equity with an 80% bonus, priced at under $0.16 per share, but act swiftly as this opportunity is available for a limited time.

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