Microstrategy Buys BTC, ETH to Hit $2k-Mark, Signuptoken.com Lights Up Crypto Sphere

Since the fall of FTX in 2022, the crypto market has been on a constant redline except for a few coins periodically tasting green.

Since the collapse, many large players had plummeted in value, specifically Bitcoin (BTC) which fell to $17000 from a previous high of $60,000, and Ethereum which fell below $1000, and put an incredible dent in the DeFi investment market.

Luckily, recent market announcements and changes have seen a rally in these coins, along with a new entry, Signuptoken.com, promising to make millionaires out of their investors.

In recent news, Microstrategy, the business intelligence firm founded by a well-known Bitcoin Bull, has bought over $150 million Bitcoin to repay its $205 million loan to Silvergate Bank, the key liquidity source of the crypto industry that collapsed in late February and drastically affected private banking.

This purchase has increased the company's Bitcoin ownership to 138,955 BTC and has subsequently elevated the value of Bitcoin itself.

Bitcoin Rally

When the crypto crash happened in the middle of 2022, Bitcoin saw a dramatic fall from grace, plummeting from an incredible $60,000 to just over $17,000. This was the first of many staggering moments for the coin because since then, it has been in a constant state of drastic fluctuation, barely making its expected $22,000 threshold until early March when it reached around $23,000.

Before the Microstrategy purchase, Bitcoin was baselining around $23,000 and due to the crash of both Silvergate and Signature Banks, it was expected to fall victim to very bearish conditions. However, the decision by Microstrategy has propelled the coin to reach its $28,000 threshold, which is significant because the coin is expected to reach a $30,000 threshold late this year, so this event makes this prediction a likely possibility.

Ethereum's Push to $2,000

Along with Bitcoin, Ethereum saw some dark times during the crypto crash in 2022, dropping to below $1000 and although it broke the $1300 threshold for much of 2023, it was still seeing a lot of activity in the red. The coin saw some improvement in price after Merge was announced but unfortunately fell again after the Silvergate and Signature collapses.

However, the coin is now performing well and seems to also be rallying towards the $2,000 threshold but it is not due to the Microstrategy event. Etherum's upcoming Shanghai update and increased gas fees have now put it in at $1800. The Shanghai update is set to increase the capacity of the Optimistic Rollups – the technology that improves scalability – by up to 100 times, thus lowering the transaction fees.

Signuptoken.com: Simply Making Millionaires

Signuptoken.com has brought about a revolution in the crypto sphere with its no-presale investment. The token allows users to become millionaires with a simple email signup and no risk. This process is the first of its kind in the crypto space and provides a safer and more widely accessible option to a larger audience, especially considering the influx of younger users who are interested in DeFi.

What makes Signuptoken.com spectacular is that it is not affected by the volatility and unpredictability of the market, like regular coins. The 1 million subscriber network is where it pulls its strength from and uses this to form a community wherein people can create generational wealth in a carefree way.

Furthermore, the simplicity of the website requires users to only enter their email addresses and wait for an email containing information on when and how to purchase the token when it launches. There are already 2,000 registrations; that is 2,000 people in line for their opportunity of great wealth. SignUp Token will soon go live. Register your email today and join the bandwagon of millionaires.

Final Thought

Between the harsh crypto winter and the crashes of two of the most prominent banks in the crypto sphere, the extensive purchase by Microstrategy was exactly what Bitcoin needed as a final push towards its former glory. The market, despite the residual effects of the crypto winter still present, is slowly beginning to recover and although there is still a long way to go, there is still a lot of potential for investors.

To secure your millionaire spot, please visit:

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken