![]() ![]() Also, the investment firm VanEck seeks to establish a bitcoin exchange-traded fund. In a step toward that end, Blockstream and Block, formerly known as Square, are launching a bitcoin mine in Texas that will be fully powered by Tesla’s solar array and Megapack battery, CNBC reported on April 8.īitcoin also got a boost in May, when the Luna Foundation Guard announced it would make $1.5 billion in loans denominated by bitcoin and terra USD to stabilize the latter, Fortune reported. While Tesla accepted bitcoin only briefly, it might again if mining it becomes more environmentally friendly. The larger banks have begun to incorporate bitcoin transactions into their offerings as well. And after a four-year cryptocurrency hiatus, Stripe will also let customers accept bitcoin payments. Visa, for example, transacts with bitcoin. Many businesses already accept bitcoin as payment, which makes this cryptocurrency a smart investment. It’s easy to see why it’s the leader, with a price and market cap that’s much higher than any other crypto investment options. Bitcoin (BTC)īitcoin has been around for the longest of any cryptocurrency. Top 8 Cryptocurrency Investments in 2022 Cryptocurrencyĭata is accurate as of Oct. ![]() That said, these are eight top cryptocurrencies that could prove to be worthy of investment in 2022. ![]() It’s important to know what you’re getting into before you buy in. However, volatility makes investing in cryptocurrency risky, as demonstrated by this year’s freefall among cryptocurrencies, including stablecoins pegged to the U.S. While you can use cryptocurrency to make purchases, most people treat it as a long-term investment. ![]()
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