Cryptocurrency is a very popular investment option which is sure to bring returns to the investor within a short period of time unlike bonds and stocks offered by banks which take longer time to yield returns.
It is also important to note that you don’t just jump on Crypto without doing extensive research on the particular coin or token.
The Crypto industry has a lot of good and bad sides as sometimes, it favors the investors and sometimes it doesn’t. The market is known for fluctuating easily which is common among newer and less established tokens or coins unlike Sparklo (SPRK) which gives investors the opportunity to buy into real-world assets like(silver, gold or platinum).
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Binance suspends Bitcoin (BTC) Withdrawals for the 2nd time in 12 hours
It is no fact that Bitcoin (BTC) is the most transacted cryptocurrency in the world and due to this, there is sure to be some issues when it comes to withdrawal of Bitcoin (BTC) from various Exchanges. In a tweet, the company stated that:
Bitcoin (BTC) withdrawals are temporarily closed due to a large volume of pending transactions. Binance team is currently working on fixing and reopening Bitcoin (BTC) withdrawals as soon as possible.
Rest assured, funds are SAFE.
The incident has presently been resolved and stated it will increase the transaction fees on Bitcoin (BTC) withdrawals to ensure that they don’t happen again. It also stated that it was working on Bitcoin (BTC) Lightning Network withdrawals to ensure speedy withdrawals of the coin.
Ethereum Foundation Sold Ethereum Worth $30 million, Will It Affect The Price?
On the 6th of May, 2023, it was stated that the Ethereum foundation transferred Ethereum (ETH) worth $30 million to the Kraken cryptocurrency exchange.
The sale immediately had an impact as Ethereum (ETH) fell by 4.8% to $1,900 but has started recovery even though it is slow.
The price of the Ethereum (ETH) coin also appreciated to $1,920 the next day and is now at $1,800s. Investors are expecting the bullish market to push the Ethereum (ETH) coin to over $2,000 again.
This isn’t the first time that the Ethereum (ETH) coin was affected by a major sale as Ethereum (ETH) fell by 80% in November 2021 from $4,850 after 20,000 ETH was sold
The coin also fell in May 2021 from $3,500 after 35,053 ETH was sold.
Sparklo (SPRK) Attracting Investors By Providing Uncertainty
Sparklo (SPRK) will allow investors to fractionally invest in silver, gold and platinum. Each investment will result in an NFT being minted and fractionalized, through which users can then invest in.
The token just began its Round 2 presale on the 6th of May, 2023 at the price of $0.019 – rush to get the token as the 30% bonus on all purchases will be ending on the 20th of June, 2023.
Sparklo aims to be the first investment platform that will allow its investors to invest in gold, silver and platinum bars. We definitely believe that this is a very promising investment opportunity which you should check out below:
Buy Presale | Website | Twitter | Telegram
Disclaimer
This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.
Source: https://beincrypto.com/sparklo-attracting-investors-as-bitcoin-and-ethereum-hang-in-uncertainty/