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Bitcoin’s [BTC] growth rate outperforms Apple Inc. in Q1 of 2019

Bitcoin’s [btc] growth rate outperforms apple inc. In q1 of 2019

Bitcoin’s [BTC] growth rate outperforms Apple Inc. in Q1 of 2019

Bitcoin’s [btc] growth rate outperforms apple inc. In q1 of 2019

The future of bitcoin [BTC] and virtual assets will come down to the long-term valuation and growth witnessed over a period of time. The cryptocurrency market experienced a fairly lucrative 4 months in 2019, but recent financial statistics highlight bitcoin’s overall development, when compared to other massive organizations.

Apple Inc., one of the largest technology companies in the world, recently released its rate of growth since the start of 2019. The company’s share valuation improved by 27 percent and at press time, it was worth $210.52 per share.

Tim Cook, Apple CEO, explained that since the beginning 2019, it had witnessed one of the “best quarters ever,” highlighting Apple’s core strength-services for the $11.5 billion revenue.

The aforementioned data is very impressive from Apple’s perspective. However, a change in perception can highlight bitcoin’s impressive growth as well. When compared to Apple, bitcoin [BTC] boasted a better growth rate than the one witnessed by Apple’s stock.

At press time, bitcoin [BTC] was valued at $5452.4, registering a 45% growth since the beginning of 2019. The facts and figures point to a substantial increment in a span of 4 months as BTC also managed to retain and resist major price corrections, following the price surge.

Joe DiPasquale, CEO of BitBullCapital, also mentioned recently that bitcoin’s [BTC] $5000 consolidation indicated a “positive sign” for the virtual asset and it can lay down the foundation for steady growth in the upcoming period. However, he stated, it would be immature to expect another massive bull run similar to the 2017 drive, but the market can be expected to experience price surges in the following months.

Additionally, bitcoin [BTC] has also been outperforming other major institutions including, NASDAQ 100 [NDX], the S&P 500, Oil, and other asset commodities.

The post Bitcoin’s [BTC] growth rate outperforms Apple Inc. in Q1 of 2019 appeared first on AMBCrypto.

Published at Fri, 03 May 2019 03:34:13 +0000

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Bitcoin IRA Launches World’s First Ethereum IRA Retirement Fund

Cryptocurrency based retirement fund, BitcoinIRA.com has announced the launch of Ethereum IRA. The new investment product offering allows people to invest in an Ether-based, Individual Retirement Account (IRA).

Demand for Ether Prompts Ethereum IRA

Ethereum has recently fortified its position as the second largest cryptocurrency in the market, right below bitcoin. The demand for Ether is on the rise following significant developments and implementations of Ethereum platform for a range of applications. The creation of Enterprise Ethereum Alliance involving major tech and industry players has further strengthened the confidence of investors in Ethereum.

Bitcoin IRA

This recent success and increasing stability have added to the cryptocurrency’s appeal, as a form of retirement investment. The new fund will be self-directed, following the highly successful bitcoin IRA which has so far created accounts worth over $10 million since June 2016.   

Just like bitcoin IRA’s flagship product, investors can hold real Ethereum in retirement accounts as traditional IRAs, Roth IRAs, 401K’s or SEP IRA. bitcoin IRA’s exclusive partnership with BitGo will ensure users the access to its multi-sig wallet, which will guarantee security, privacy and full compliance with the requisite IRA regulations for retirement accounts of this nature. In the interest of liquidity, the company implements Genesis Global Trading, Inc. and uses TradeBlock’s ECX Index as a reference rate.

Crypto Savings for Retirement

bitcoin IRA is known to be the first company to offer investors the chance to put cryptocurrencies into their retirement accounts. In contrast to traditional IRA retirement plans, investors in bitcoin IRA and Ethereum IRA will keep control of their cryptocurrencies permanently, allowing them the freedom to disperse the funds as they see fit once the investment’s term is over.

Ether

The deflationary attributes of cryptocurrencies make them ideal for long-term investment opportunities. In 2017, Ethereum has witnessed an incredible 500%+ growth from less than $10 per unit to over $64.

bitcoin IRA offers both traditional and Roth IRA (bitcoin/Ethereum) options, which offer the same tax incentives as regular IRAs and 401ks.

bitcoin IRA is positioning itself as a unique investment company, which includes little processing and handling fees, which perhaps makes it even more attractive than bitcoin ETF and other investment funds.

Would you consider investing in an Ethereum IRA? Let us know below!

Images courtesy of bitcoin IRA, Shutterstock

The post Bitcoin IRA Launches World’s First Ethereum IRA Retirement Fund appeared first on Bitcoinist.com.

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