Bitcoin rallied to $49,000 after the U.S. Securities and Exchange Commission (SEC) approved a spot Bitcoin exchange-traded fund (ETF), but the price subsequently fell back by more than 10%. Currently, bears have taken control of the Bitcoin market, with the price at $40,800, down 3.02% in the past 24 hours.
Bitcoin’s volatility has called into question its claim as a reliable store of value, highlighting its potential as a purely speculative asset. While the long-term prospects of $BTC remain uncertain, emerging projects like Bitcoin Minetrix, which introduce unique features such as “staking mining,” may offer enhanced price prospects.
Maximizing returns through Bitcoin Minetrix staking strategies
While Bitcoin faces short-term challenges, several innovative projects have emerged with the potential to reshape the cryptocurrency space. Bitcoin Minetrix is one such initiative that has introduced a new perspective through its “staking mining” framework, offering a simplified and inclusive approach to Bitcoin mining.
Using this protocol, individuals can stake their $BTCMTX tokens to earn "mining points" which, when burned, can be used to gain cloud mining power. This method provides a way to earn Bitcoin rewards without direct capital investment.
The platform eliminates the need for users to purchase and maintain their own mining rigs, which are known for their noise and heat generation. With the upcoming halving in April, a reduction in the inflow of new Bitcoins could put upward pressure on its price.
As Bitcoin becomes more valuable, the competition and profitability of mining its blocks also increases. Therefore, holders who stake $BTCMTX tokens to gain cloud mining power may receive more valuable rewards after the halving event.
In addition to the staking mining model, staking $BTCMTX also provides a significant yield of 74% in one year. More than 560 million $BTCMTX tokens have been staked. It is worth noting that as more tokens are staked, the yield offered will decrease, highlighting the advantages of early participants in the Bitcoin Minetrix model.
Watch the video above for the latest on the Bitcoin Minetrix presale, and subscribe to Jacob Crypto Bury’s YouTube channel for more crypto-related videos. Jacob also runs a Discord channel with 20,000 members, offering trading tips and information about upcoming cryptocurrency presales.
BTCMTX achieves milestone in presale fundraising and community growth
In the ongoing presale, BTCMTX was priced at $0.0129 and successfully raised over $8.2 million in multi-stage funding. The minimum investment amount is $10, and transactions are accepted in ETH, USDT, or credit/debit cards.
The total supply of Bitcoin Minetrix tokens is 4 billion, of which 42.5% is for mining, 7.5% is for staking, and there are other distribution plans. The project aims to achieve a hard cap target of more than $33 million for platform development, marketing, and staking rewards.
Bitcoin Minetrix has already attracted considerable interest, as evidenced by its rapid social media growth. The Telegram channel has nearly 12,000 members, and the official X (formerly Twitter) account has amassed over 18,000 followers in just one month.
In addition, early supporters have the opportunity to win a $30,000 “mining airdrop” reward on the platform. The reward will be distributed to ten winners, and participants will have six chances to win by completing simple tasks such as following the project’s social media channels.
This easily accessible airdrop increases the appeal of Bitcoin Minetrix, helping to accelerate its marketing efforts and brand recognition.
Given its early success and the gradual increase in pre-sale prices, those interested in acquiring BTCMTX at the most favorable prices should act quickly to avoid missing out on potential opportunities. To participate in the pre-sale of $BTCMTX, visit bitcoinminetrix.com.
Related:
Bitcoin Price Prediction: JPMorgan predicts $36 billion will move from other crypto products to BTC ETFs, while Bitcoin Minetrix has surpassed $8.5 million
Bitcoin Price Prediction: Blackstone launches "Mother-in-law Advertising" to participate in the BTC ETF marketing war, while Bitcoin Minetrix pre-sale exceeds $8 million
Bitcoin Price Prediction: Valkyrie Says 95% is on Track Spot Bitcoin ETF to Start Trading on Thursday, While Bitcoin Minetrix Presale Surpasses $8 Million
Bitcoin Minetrix Next 10x Crypto Raised $8.4 Million - Best Crypto Right Now?
New Cryptocurrency Mining Platform - Bitcoin Minetrix
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Native Token Presale Now Available - BTCMTX
Staking Rewards - Annual yield of over 100%
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