Hi, I’m Nate Martin from 99Bitcoins.com, and here’s what’s happened this week in crypto. A new report issued by Citibank analyst Tom Fitzpatrick predicts big things for Bitcoin for next year. The document suggests the asset could potentially reach a new high of roughly $318,000 by the end of 2021.
Given that bitcoin is presently trading for more than four times what it was in March, perhaps should bitcoin sustain its present momentum this number can be quickly attained. Krogerone of the largest supermarkets in America is offering a unique rewards program that will give its customers money back to use in future shopping trips, with the rewards being delivered in bitcoin.
The company has joined hands with bitcoin exchange Lolli and will reward users with approximately 1 and a half percent in bitcoin for all pick-up and delivery grocery orders.
Liquid has fallen victim to a cyberattack. Only this time, it doesn’t look like money was the object of the hacker’s desire. Instead, the malicious actor has made off with personal data belonging to customers of the exchange, including login credentials and possibly even identification documents.
The exchange is investigating the matter, but in the meantime, advising its clients to change their passwords quickly. Digital Asset Investment Management (DAiM) has launched the first company-sponsored retirement plans supporting bitcoin. As an adviser and fiduciary, DAiM will help companies create a 401(k) plan that allows an allocation of up to 10% in Bitcoin.
The digital assets will be held in Gemini Trusts cold storage custody. A huge thanks go out to eToro for supporting us in putting this video together. If you’re looking to trade cryptocurrencies, consider joining the millions who are already using the unique features eToro offers, like CopyTrader, which lets you automatically replicate the moves of top performing traders on the platform.
For more information, visit etoro.com. That’s what’s happened this week in crypto. See you next week. If you’ve enjoyed this video, leave us a thumbs up and make sure to subscribe and click the notification bell so you don’t miss a review, news updates or the clearest information about Bitcoin and cryptocurrencies anywhere.
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