Bitcoin Halving Expected to Boost Leading Cryptocurrencies
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Bitcoin's upcoming "halving" in April, where miner rewards are cut in half, is expected to benefit Bitcoin and other cryptocurrencies.
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The iShares Bitcoin ETF (IBIT) allows exposure to Bitcoin price movements without needing digital wallets. It incentivizes buy-and-hold investing.
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Ethereum recently hit $4,000 and has vastly outperformed Bitcoin over 5 years. Its upcoming Dencun upgrade in March will enhance developer capabilities.
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Solana aims to disrupt the Apple/Google duopoly with its Solana Mobile phone and decentralized app store featuring crypto apps. It remains focused on providing utility.
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The author believes all 3 cryptocurrencies - Bitcoin, Ethereum, and Solana - are strong buys leading up to Bitcoin's halving event and beyond.